RE: My Crypto Portfolio Revealed: 10 CryptoCurrencies I Truly Believe In for the Long Term

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My Crypto Portfolio Revealed: 10 CryptoCurrencies I Truly Believe In for the Long Term

in bitcoin •  7 years ago 

Not sure about golem was so tempted...Still think AWS, AZURE, Google, Oracle to name a few are already and actively selling resources.. There's alot of competition in the marketplace...Also if i'm a layperson my qn would be (Someone is using my cmputer is it safe?)..

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  1. At some point in the future, long-term speaking, I would definitely see Golem adopted if it'll offer much lower fees than Amazon or Microsoft or others.

  2. No one is using your computer, the idle processing power of your computer will be used in the network. These are two different things.

i really thing bmaidsafe will lead

We shall see. If they do manage to build all the things they promised, then yes, it can be profitable.

This is my concern with SC, Storj and Golem. True, its a great idea and since is decentralized, its gonna be really cheap vs the private competition, but, as a coin its gonna be cheap, too.

With time people are gonna sell storage/computing power for cheaper and cheaper till forever, unless there is a capped amount of coins to trade for, if so, the price will go up but because of coin scarcity but space/CPU time will still remain cheap.

It's a valid point, indeed! Thank you!