Mysterium - Potential Home Run Coin!

in #mysterium7 years ago (edited)

For the last month, google has yielded very few results regarding Mysterium (MYST) coins (using filters, etc. and different combinations of search terms using boolean logic). Most of my research has been done in the last 48 hours, as I've been scouring Youtube and google (obviously there are other sources, but you can't deny the prevalence of them as main mediums of information transmission). There is almost no chatter regarding it, which likely explains the roughly 80-90% decline in price per coin over the last few weeks. Also, despite an insensitive message from the founder ( https://www.reddit.com/r/CryptoCurrency/comments/6mh961/founder_of_mysterium_posts_message_to_show_how/ ), lessening some people's faith, they have made some commitments regarding the creation of the product.

That being said, this may be a prime buying opportunity; the number of coins in circulation is about 19 million (33 million ever will exist, from what I understand). It is, at time of writing this, trading at .00025 ($0.59) and it seems to be hovering right around this range right now (possibly preparing for ascension imho). If a large buyer and/or a number of people who believe in the technology start to gather within this coin, we could see a 3x/4x gain in a day or so, so this is definitely something to put on your radar. This is probably a good long-term hold and if deep-pocketed investors realize this, it could also be a good short-term play.

The market cap is currently about 11 million dollars, with HUGE room for growth. It truly has been a GHOST town on the public-facing internet regarding Mysterium (and the MYST token), so any chatter at all on the internet could lead to exponential returns for this coin and we could see it reach the top 100 coin market caps in a matter of days if the move is big enough.

The Technology:

https://mysterium.network/
https://mysterium.network/whitepaper.pdf
https://mysterium.network/faq/

Two Important Questions Answered (Mysterium Network FAQ page direct quote):

"What is Mysterium Network?

Mysterium Network aims to be fully decentralized, peer to peer based and serverless VPN node network, designed to provide privacy restoring techniques to its users and financial incentivization to its node operators (providers).

How Mysterium Network is different from other VPN providers?

Mysterium Network will work by utilizing blockchain technology such as Ethereum, smart contracts advancing their features with state-channels and evolving mechanisms of promises, combined with censorship evasion protocols developed by the community acting as applications of the network."

Mysterium is going to incentivize a decentralized VPN that protects users' privacy, the incentives giving a good reason to users for being a node computer. This, in turn, will lead to a far faster and more powerful system for ensuring privacy of users. This is definitely a coin I am investing in and I think now is a good entry opportunity (but I will likely sell for a little to see if it goes down further if it goes down to .0002).

PLEASE resteem if you find this info useful, so as to share the knowledge/spread the wealth!

Also, I always love hearing from other people regarding strategy and analysis too. Let me know your thoughts on Mysterium in the comments! BUY or NAH?

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Informative, what exchanges can it be bought. Or where can one buy some of these coins?

Thanks for reading! :) Bittrex, for sure. Others, I'm not 100% sure. It is currently at .00028 too, fyi (may dip a little, but is steadily increasing now it seems). Best of luck!

I was happy that they FINALLY came out with an update but it still seems progress is a bit slow. For that reason it slipped off my Top 10 and onto Honorable Mention:

https://steemit.com/cryptocurrency/@cryptosphere/top-10-cryptos-of-the-future-july-22-2017-a-weekly-ranking-of-the-best-place-to-put-your-money-in-the-cryptosphere

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