The good and the bad, the danger of cryptocurrencies

Altcoins.

You think that only the bitcoin can present a danger, it is not true, there are also the Altcoins, which must reach a certain height in their capitalization.

Ripple is a company and digital currency which is developing payments across the borders of global banks and what is confusing with this cryptocurrency? Everything is very simple, Ripple is made by bankers for bankers, and the most surprising thing is that is not even a blockchain, ripple is a centralized system is the most interesting case, how could this project even enter the crypto world, if the network is not decentralized then all the controls of the active functions and everything are totally the hands of the owners and founders.

Another factor that is much more worrisome is that 60 percent of all the currencies released from Ripple are changed in crypto exchanges to 40.0% and most of them remain the owners; have you heard talk followed by the cryptocurrency bubble? Ripple is something like common fiat money, like dollars that can be printed without end and without control and everything is managed by a group of people.

The second worrying factor is that newcomers in a world have not yet learned how to differentiate the real cryptocurrencies from something like Ripple and overreact every time there is new information that considerably increases the capitalization of the Ripple, to date The Ripple cryptocurrency is in the third place of capitalization of the cryptocurrency qualification, just after the Bitcoins and Ethereum, and it is not only the only currency that is not minable, it is a very worrisome trend and we hope that common sense prevails and that such projects never arrive so high; because that bubble can be created by taste, that at the moment when the banks need to pull down the whole world of cryptocurrencies, we have all heard about huge profits in investments with cryptocurrencies, but the newcomers see the investments in the crypts leading currencies, which are already at maximum heights that do not grow as much as investors would like.

The blockchain technology needs development, that there is a large number of useful projects, that launch the development of blockchain technologies to implement in the real world.

ICO

The entire cryptocurrency community longs for the moment when the blocchains will begin to be implemented in our lives and that trend will also provide it. This is a new meaning that recently appeared. One of the five biggest was Ethereum, which we mentioned previously.

ICO means initial offer of currency

The groups of developers and companies need funds to create and realize their ideas, generally related to the development of blockchain and cryptocurrencies; is the first stage in which the currencies of a new potential project can be bought at the lowest prices, the project together with the necessary amount with the help of private investors and investment funds, begins the development of the project and the currencies released in ICO begin to appear in the cryptocurrency changes so depending on the project the price of the coins increases, the most surprising growth after ICO was with the coins of the "stratis" project which increased a fantastic 150.082 percent in just one year, if thousand dollars were invested in stratis during and ICO then in one year your investment of one thousand dollars would have generated a surprising amount of one and a half million dollars, but it is important to be vigilant this type of examples of crazy successes are popular among frauds, projects created for the purpose of raising funds or those ideas are impossible to achieve, those are scams is an advantage that the cryptocurrency community consists of a large number of professionals and those projects are quickly identified even before the fundraising stage. Remember that not all cryptocurrencies grow after the ICO, generally the growth happens to the projects they serve, it is that is why you should think carefully about which project you want to invest if you are delighted with amazing success stories in cryptocurrency investments, remember that every success story can be a case of failure.

In 2018 there are more and more projects that connect normal life with blockchain technologies, for example, the project and ICO Arm Pack, which will be launched this year Arm Pack offers to free our world of counterfeit products, by using the blockchain and also offers a mobile application that is useful which you can use to pay for your products with a cryptocurrency, store different cryptocurrencies, review the originality of the products, obtain discounts and participate in your favorite brands promotions.

Arm Pack will develop blockchain-based logistics services for companies, better marketing opportunities for communication with its customers and also the use of Arm Pack's blockchain network for any company, accelerating the implementation of all business processes technology, imagine that using the cell phone application called Arm World you will have the opportunity to review the originality of any product and other data, such as the expiration date, the distribution chain, contact manufacturer, number of inspections of this product, give a comment and enter in contact with the manufacturer and the manufacturer itself can reward you with a cryptocurrency for your purchase and all processes are combined and interrelated with a blockchain ecosystem that is controlled with intelligent contracts that offer 100% protection against fraud and disappointment.

Unfortunately there are only a couple of similar projects but we see that the market is tight and that the use of the blockchain is the future.

How to save and develop other cryptocurrencies and blockchain, no cryptocurrency would have to have a great domain, the list of the 50 best cryptocurrencies should be constituted according to the capitalization, there should not be a single type of cryptocurrency, whose capitalization is 10 , 20, 30 or more of the capitalization of all the cryptocurrencies, if this continues we will have the same dollar and absolute inequality, while a single dominate the whole world, it does not have to be this way and all the participants of the community of the cryptocurrencies have to understand it, the market will be safe and will be in continuous growth, then there will be a strong and dangerous dominant.

I hope it has helped you to understand that it is time to differentiate shit in cryptocurrencies, worthwhile projects, do not let banks penetrate this world as well.

"The worst enemy of cryptocurrencies and blockchain, is our financial system that has been falling apart for years and I hope that together we can create a new world more honest and fair where people do not depend on banks governments or other mediators"