TRICKLE: Automated Cryptocurrency Investor

in #cryptocurrency8 years ago (edited)

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Plenty of space for growth in cryptoland. We have seen Bitcoin, Ethereum, and other cryptocurrencies enjoying huge growths, even from their ICO (Initial Coin Offering). Future prospects are looking bright as well. Every cryptocoin is a set of values, and people buy into them. If every person has their own cryptocurrency, even better.

Consider this: Cryptospace at time of writing is approximately a 11-14 billion USD market. Fiatspace, or forex is approximately 6-7 trillion USD in market size. As more fiat gets sucked into the crypto, the opportunities for ultra low-risk investing and market-filling becomes evident. Even if cryptospace takes 10% of fiatspace, the upside is more than thirty-fold.

fiattocrypto

Winning has never been so easy.

Every existing and upcoming cryptocurrency is essentially the culmination of executed ideas, and their values relative to other ideas. Decentralization has multi-tiered realities. Consider geographically-related cryptos like local governance DAOs and contractors (think of a city beautification crypto). An investor may gain more from powering such DAOs as it's close to home. Assuming if people still stay at home in an abundance economy. But certainly, centralized investing agents are not equipped for such localized investment opportunities.

And how about market-filling? Whenever someone wants to transmute currency X into currency Y, Trickle speeds up the conversion process by filling in the ask / bid price. Bundle up stuff with them coins. Who knows, the value may multiply by a thousand-fold in 20 years.

Trickle facilitates the process of diversification for cryptocurrency owners, miners, and stakers. It also supercharges crypto-transmutation processes. Ideally, there would be both autonomous and humanly agents that research and prepare risk portfolios for different cryptocurrencies. Users will then just choose a certain portfolio flavour, set certain global exit triggers, and profit!

Warning: Considering Zipf's Law or Pareto's Principle, this kind of arrangement will certainly fail, perhaps only favouring the alpha coins. I don't know, I'm not an expert in economics. Just talking out of common sense. But hey, common sense is what tells us the world is flat.

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Sounds like an interesting concept. How much development have you done on it? Do you have a whitepaper/site?

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