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RE: Kyber Network (KNC): IF Bottom is IN, Higher Highs Expected

in #kcn6 years ago

I love that you are talking about kyber Network! The more press about this coin the better, it's going to have huge implications if we can fully implement it! One of the biggest hindrances I have encountered with Bitcoin is how long it takes for transactions to be processed. I don't care for myself because I understand that all of it will happen in its own time and there really is no risk that I'm inherently taking by storing my Bitcoins on this or that exchange or in this or that wallet other than a crisis. However when I'm buying Bitcoins for my friends or family or just people who want to invest, trying to explain to them why it takes so long for the Bitcoin that they purchased to reach their Cold Storage wallet is a feat in and of itself because Bitcoin is such an abstract concept to begin with. Trying to explain why it takes so long to transact is an even harder abstraction to try to explain in words. Kyber network will solve many of those problems, my biggest hopes is that they can minimize the transaction fees for storing Bitcoin in a cold storage wallet or any place for that matter. I was doing the calculations the other day and just to move a Bitcoin from one wallet to another is about $30... That's excessive and absolutely outrageous! I know kyber network isn't particularly focusing on the cost of transaction fees but maybe in the future there will be another coin that couples with kyber network for Speed and transaction fees...! But either way I appreciate your projections on this chart and I definitely definitely appreciate you talking about this! People already know so much about the mainstream coins, it's people like you and I that are going to educate the world about the alternative currencies and ICOs! Rock on brother! Yet another good post! :-). Oh yeah and I appreciate you LOL! Almost forgot the most important part!

STEEMIT POWAHH FTW!!!! <3 Steem more than cookies!

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