9/18 ANDY HOFFMAN (CryptoGoldCentral.com): Bitcoin Rhodium’s Upcoming “Liquidity Moment” – And The Incredible Reward/Risk Proposition Right Before It Occurs

in #mwc5 years ago

Never has the chicken versus egg debate been more apropos than in cryptocurrency - when asking WHEN, or WHAT EVENT, causes a coin to pass the “liquidity threshold?” That is, when it becomes liquid enough to draw significant, permanent investor interest - to the point that large positions can easily be entered or exited. Not that LARGE positions can be moved in ANY crypto without moving the price, of course, including Bitcoin. However, large enough that there will in nearly all cases, be significant demand and supply.

Today, 98% of cryptocurrencies have no use case, which is probably why 90% of the market cap is in the top 10 coins - of which arguably, no more than a few have a genuine use case either. However, those that have material market caps – be they in the top 10, or top 50, at some point had a “liquidity moment” that drew significant lasting, investor attention.

Sometimes, it’s from day one – like, say, heavily hyped scams - I mean, forks - like BCash or BSV; or heavily marketed schemes - I mean, projects - like EOS. But sometimes, as with Litecoin or Binance Coin, it’s a gradual process, of investors recognizing, rightly or wrongly so, their potential.

In Bitcoin Rhodium’s case, it JUST NOW completed its final “mainstreaming” events, just five months after public code release. To wit, in just the past month, Trezor finally incorporated support, CMC finally enabled its market cap ranking, and major exchanges like HitBTC and Changelly were finally enlisted. This, just two weeks from the October 1st snapshot, when XRC’s unique “Strong Hands” in-kind dividend program is doubled…perhaps, for more than the stipulated single quarterly cycle.

Unlike the vast majority of coins, XRC’s hash rate is at essentially an all-time high. Moreover, altcoins have JUST NOW started to catch a bid, with Bitcoin dominance finally declining for the first time since – I kid you not – early 2018. So, for the first time since XRC started trading publicly, in December 2018, Bitcoin is in a bull market AND Bitcoin dominance is declining.

There are SOOO many exciting things going on behind the scenes at XRC - with more development than perhaps 98% of all coins, for a coin that is easily one of the 2% with a viable, defensible use case. Next year, privacy features and the Free Market One decentralized trading platform (for XRC, BTC, LTC, and physical Precious Metals) will be launched – and likely, numerous new high profile exchange listings.

Plus, the ongoing Strong Hands program, increased mining pools, and global marketing via an expanded Ambassador program. This, leading up to the first XRC halving, in October 2022.

So, what will catalyze Bitcoin Rhodium’s “liquidity moment?” I don’t know, but I believe one of the best, potentially most lucrative “bets” in all of crypto is that it WILL happen…sooner, rather than later. At a $14 million market cap, with SOOO many potential catalysts, a burgeoning crypto bull market, and such a gaping valuation gap with dozens of coins that add zero value, I’ve never seen such a positive reward/risk profile in my three-decade career.

Bitcoin Rhodium currently trades on HitBTC, Changelly, p2pb2b.io, WhiteBit, Trade Satoshi, Fat BTC, Sistemkoin and Bisq. If you have questions about anything XRC-related, including OTC trading, please email me at [email protected], or DM/PM me on Twitter or Discord.

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