[United We Stand] The problem of BTC is that there is no entity which can improve the value of BTC which is good in a way since decentralization is the base of BTC anyways.
But, it is sad when the market goes down south, there is no mechanism that can stabilize the price since BTC price is not determined by supply and demand rather about 1 % of the whales dictate the price of BTC in reality. i.e. BTC price is determined by the whales at will.
LondonCoin has the solutions which can be shared in public if all BTC holders give 10% of the BTC they own to LondonCoin with smart contract. LondonCoin can make BTC price above 10K within three months where if the target is not met, then the deposits shall be returned to the holders.
This is not price manipulation, rather LondonCoin will provide intrinsic value to BTC along with strategies to improve the price of BTC.
We can open the public debate forum for those who signed NDA.
Instead of asking for 10% of BTC owned by the BTC community, we decided to go for voluntary donations. First cut draft fo [Saving Private BTC Project] will be released to make BTC float over $10,000. Experts can join us for review and comments. Email to us info@LondonCoin.io if interested.
@WealthHustler, Not so fast Mister. It will be a pleasure to answer any doubts or questions regarding the offer. As a crypto industry participants got us worried about current situations that may kill the crypto industry as a whole for near term. We want to fix problems, not to do otherwise as you pointed out. We will open up the public debate, and you can participate to give your opinion hopefully with a reason rather than just a statement after the debate. If interested, please email to info@LondonCoin.io
ArShevelev
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LondonCoin
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@a.shevelev002, LondonCoin is launching [Saving Private BTC] project. We will post on Google Doc. open to public when ready. If interested, email to info@LondonCoin.io
I made a chart showing some very similar volume patterns and fractals from the 2014 bear market and this year. Might show us where we go next.
LondonCoin
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@alexcph, Good point. But the chart does not reflect the underlying problems of BTC. 1. Mining; If the price of BTC drops below mining cost which is very close now, BTC does not have a chance to survive. There are a lot of activities in cryptos that do not require mining such as Hashgraph, LondonCoin, and several from Israel. 2. Intrinsic value; BTC is not government backed, therefore it needs to be backed by some assets to give minimum intrinsic value as a currency which LondonCoin is backed by accumulated gold. And more to come...
BTC has a chance when there is a sort of war to break out, namely USA vs China due to psychological factor in short term.
Happy charting.
alexcph
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@LondonCoin, Well difficulty will also go down as miners shut off their machines. Lets see how it plays out. Maybe BTC will die !!!!
LondonCoin
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@alexcph, Study next generation coins based on DAG(Directed Acyclic Graph) consensus algo. rather than the 1st generation PoW(BitCoin) or PoS(Ethereum) etc that needs mining. Famous DAG coins are Hedera Hashgraph, LondonCoin, and some Israel based ones. IOTA? maybe.
alexcph
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@LondonCoin, Will do. Thanks for the tip! Ive been telling people that its not even certain BTC will ever reach ATH again, precisely because better tech could outperform it.