Smartcash - The Way Of The Future - 3 Good Reasons to HODL
As the Smartcash price starts to rise again, (it hit a critical price point of USD $0.10 today), it's important that we consider the future of Smartcash, and the great reasons why this is a great time to start acquiring and holding Smartcash.
Here are my 3 reasons to HODL with Smartcash:
1: Smart Rewards.
https://smartcash.cc/what-are-smartrewards/
This is the biggie. Every month that you hold Smartcash in a Smart Rewards account, you get an interest payment on the 25th of the month. This means that if you keep holding, you get to watch the miracle of compounding interest in your account. Check out the link below to calculate how much you could earn over the next 12 months, without doing anything but holding Smartcash and watching your account grow :)
https://financialmentor.com/calculator/compound-interest-calculator
The current estimated monthly payout for this month is 1.74%, but this will rise as the month goes on.
2: Price Growth.
As mentioned above, the price of Smartcash is currently rising strongly. So when it eventually comes time to cash out, that's more spending power in your pocket. In the meantime, just sit back and watch your investment grow.
3: More Features.
There are as yet unrealized features that are in the pipeline for Smartcash, such as InstantPay and atomic swap, which are going to push the price higher and make Smartcash a much more useful cryptocurrency. So it makes sense to stash your Smarts away for now, secure in the knowledge that you will have much more Smartcash to spend in the future, and hopefully, an easy way to spend it!
Here are some more useful links about Smartcash:
https://steemit.com/@smartcash
Why is everyone pumping smartcash? It's not up that much ?
From 6.3 cents to 10 cents in less than a week is a 59% gain. If Bitcoin went back to $10,000 people would be jumping for joy. In essence it's the same thing, but the catch is that you had to buy in at the bottom. If you bought at 24 cents or $1, you wouldn't be impressed. But the point I was makng in this article, is that there are things in the pipeline for Smartcash, which will change the fundamental basis of what Smartcash actually is, and how useful it is as a currency. When Instantpay is released, there will be a lot of money flowing into Smartcash from some of the other cryptos, because the one thing people need is spendability. We have all found ways around this, but since a lot of crypto debit cards got shut down, it sure isn't easy to spend your crypto easily. If Smartcash cracks this, it will go through the roof. Of course, I am not 100% sure if Instantpay is a sure thing, as it seems to be based in India, so may not be a global solution, and the launch has already been pushed back from late 2017 to late 2018, but we shall see. I am stashing my Smarts away just in case. If my 10c Smarts become dollar Smarts, then I just made myself a pile of cash. If they go to being $10 Smarts, even better.
Thats sounds great! I hope smartcash will hit $10 !!It sounds like a great project :)
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There are some new changes to Smart Rewards, do you know how they pay out now?
Sorry about the delay replying. I don't have much more information than you do, but I believe this month the payments will be the same, but after that it will be roughly once a month but not always on the same day. We will just have to see what happens on July 25.
any new updates on the SmartRewards?
Hi @sinlg We did receive an interest payment of 17.598 SMART on July 25 to the Smart Rewards Pool. You can verify this at this link: https://insight.smartcash.cc/address/SgVbxFqK1tFVfcS1LXLg35LQhbaZXwg8E6
(the other 7.5 SMART deposit you see there is a last minute deposit that I slipped in before the snapshot date.)
Correction: I believe the 17.598 SMART may not be the interest payment we were looking for. I will log into the account when I get a chance and see if I can verify exactly what has or has not been deposited. By my calculations, it should be about 19 SMART but I will write a Post when I have all the information confirmed.
ok.. just let me know the total i have with you after the interest addon
I have posted a summary here where you can read all the details of the July 25 payout: https://steemit.com/smartcash/@auskiwi/smartcash-smart-rewards-pool-first-month-summary