The time to buy METH. For Ethereum

in #crypto6 years ago

2019_meth.jpg

The time to buy METH. For Ethereum

While all the crypto market is down, we have enough time to think to sort things out. How could that happen, that Bitcoin has lost value five times, but at the same moment Ethereum was down 13 times?
Why? Why has Ethereum fallen so low?

Maybe that's because of low speed?
Nope, Ethereum transactions usually take 2-3 minutes, and Bitcoin transactions take about half an hour.

Maybe that's because of outdated technology?
No! Ethereum has blockchain 2.0 supporting smart contracts and tokens, but Bitcoin has blockchain 1.0 not supporting tokens and fully compatible smart contracts.

Innovativeness, scalability, reliability and security – in all these parameters Ethereum is not inferior and even superior to Bitcoin.


The less supply, the more demand



There is the only reason why Ethereum fell in price so low. It is because of Total Supply. As all we know Bitcoin has fixed Total Supply 21,000,000 coins. That makes Bitcoin a deflationary currency which value (for the general trend) grows all the time, higher and higher.

But Ethereum has not fixed Total Supply. The issue of Ethereum coins will never stop, under the existing protocol. That makes Ethereum an inflationary currency.

Now you see, despite of high technology, high speed of transactions and high scalability the price of Ethereum is not high. The basic advantage of Bitcoin (as a means of accumulation and investment) is in its stable growth in long-term trend. Bitcoin is a limited edition asset while Ethereum edition is unlimited. Bitcoin is a kind of rarity while Ethereum is a massive release.


How to turn mass release into rarity



And now you may ask yourself: How we can make Ethereum a limited edition too?

Fortunately, we can.

Although Ethereum has unlimited emission, nevertheless its tokens can be created with limited emission. But a token (exactly as we know it), unlike the Ethereum, has no proof of work.

For that that the token may have a real value, we must add value to it in the form of proof-of-work secured by the labor of miners.

Thus we need to combine the two best qualities: Ethereum as valued proof-of-work asset with Ethereum token as a limited issue asset. We need to put Ethereum inside the token, so that the value of Ethereum gives its value to the token.

Why we need such hybridization?

The idea is that that at the first stage such asset will repeat the rate of Ethereum. It may be named a kind of stablecoin based on ETH. There are stablecoins of dollar, there is stablecoin of euro, even stablecoin of person is out there.

mEthereum (METH) token can be called a stablecoin of Ethereum. METH smart contract was created such a tricky way that it contains inside itself all the ETH of transferees. Generally, when people buy tokens at some ICO, the funds they pay are going into a wallet of the ICO creators. In mEthereum smart contract the funds go directly into the smart contract.

In an ordinary ICO creators can make dumping right after that ICO, because the creators never buy tokens at their own ICO. They just mint tokens as much as they wish. In mEthereum anyone (even its creators) cannot mint tokens as much as they wish. Every METH token is backed by Ethereum stored in the smart contract. Indeed, mEthereum is a working copy of Ethereum including its current exchange rates. When Ethereum grows mEthereum grows too. But it is not forever.


Second stage of METH: a time to gather bonus



There is a point when all the METH tokens are redeemed. It's like a hardcap that the usual ICO used to use. But unlike the usual ICO you can refund your ETH at any wished time, just sending METH tokens you own back to the METH smart contract.

At second stage all the tokens are in the hands of investors. From this time due to the METH tokens deficit, there is a high probability of growth. Dumping cannot be because instead of dumping any investor can refund ETH from the smart contract. To refund you just only need to send the METH tokens back to the METH smart contract.

Thus, in the form of mEthereum tokens, we have almost a copy of Ethereum with all its advantages, but without its disadvantages.

Formally mEthereum is an utility token helping to exchange each Ethereum coin into a thousand small METH coins. In fact, due to scarce supply (only 21,000,000 METH), mEthereum is a good asset with potential growth. However, it will never cost less than Ethereum.

Today METH is only at the first stage, but not for long. When hardcap 21,000,000 METH is reached, the first stage will be over. At the second stage you won't be able to buy METH by nominal.

That's why now it is the time to buy METH for Ethereum.


Early adopters of METH



Have you ever heard this story? About the early adopters of Bitcoin.

They bought Bitcoin for $ 1 per coin. Each of you would like to be in their place, right? To buy for one dollar, to hold it 7 years, then to sell for 15,000 dollars.

Now you have such a chance. You can become an early adopter, an early supporter, an early investor of METH. Right now it costs less than $ 1. Even if you get tired of holding it, you can refund ETH at any time. Many of the early investors did so – they waited until bitcoin rose in price by 5 times and sold it for $ 5 a year later, making some profit anyway. But the most patient waited and sold 15,000 per coin.

To get METH tokens, send any ETH directly to the Token Contract Address.

Website: https://meth.cash

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