MBA

Meaningful BlockChain applications are the ones to look out for if you are tempted to speculate some of your hard earned steem outside of the safe zone of the steemit wallet. If you are a speculator & let's face it unless you have the time to become a full time trader or the resources (& still a fair amount of time to supervise it) to employ expensive bot traders, you are a speculator and you need to find coin investments that will stand the test of time, not just disappear overnight with your coin in it.

Research & Due Diligence

This is why I always recommend people conduct their own research before investing and not just follow tantalising price graph data. I am going to bypass Ethereum, Bitcoin, Litecoin, Ethereum Classic, Dash & STEEM as they should probably all be in a speculators portfolio. However there are lower value coins which are prominent I think are long term beauties.

Rocky Road

Late June through to early July have seen billions (temporarily) wiped off coin prices as they adjust after a long price climb which saw serious investors reap big & heavy profits, laughing all their way to the bitcoin bank with nervous small investor's money in their pockets. No worries, everyone will learn (not to panic, hold on and then buy when the bottom price tanks out) & It will pick up again. You think these guys won't be reinvesting for the next push into the stratosphere? There will be plenty of new faces at the bitcoin trough and as awareness grows, more and more money will flow into the field. We are in the early days of a volatile and unsure market with ICO's raising lots of e-cash and coins sprouting up all over the place. At the time of writing, markets seem to be experiencing an encouraging bounce off the floor.. Did you invest yesterday

MY TOP Five

Let's forget current price swings for a moment (because pretty much everything tanked) and concentrate on the potential of various blockchain applications. Here are my top five interesting coins to watch out for based on their ability to survive into the future

SIACOIN ticker # SC

Decentralised cloud storage (which is in ever growing demand:

• A) It's a blockchain secure network, you hold the keys.. the data is yours and private
• B) 10x less expensive storage fees than the competition (* google cloud pricing)
• C) Highly redundant system with your data spread across a wide network
• D) Storage Marketplace where hosts compete for offering the the lowest prices

 
 

GRIDCOIN ticker # GRC

Reward Based Volunteer Distributed Computing

• A) 500,000 active users and 4,000,000 registered on the BOINC network
• B) Virtually any kind of computing process can use the network resources
• C) Earn Gridcoin through proof of Stake with 1.5% APR & help secure the network
• D) POW consensus mechanisms not utilised so much more energy efficient than any POW coin

 
 

RIPPLE ticker # XRP

A Digital Asset for Payments

• A) Most scalable & fastest asset enables realtime payments
• B) Banks use XRP - an demand resource to source liquidity for cross border payments
• C) Payment providers use XRP to lower exchange costs and settle payments faster
• D) It's FAST = 4 seconds (ETH = 2mins+ / BTC = 1hr+ Traditional = 3-5 Days)

 
 

DIGIBYTE # ticker DGB

A rapidly growing blockchain project focused on secure payments, cyber security and communications

• A) Highly experienced team with a 3 year footprint in the crypto ecosystem
• B) Involved with some of the most innovative projects in the field
• C) Huge potential in fintech, secure-ID validation, IOT & cybersecurity
• D) Truly Global project active in 82 countries +

 
 

FOLDING COIN # ticker FLDC

Mining Medicine instead of Hashes

• A) Folding@home was developed by Stanford University
• B) Folding@home may provide a breakthrough cure for cancer
• C) Merged Folding - list of reward participants with many potential avenues of growth
• D) This project has a genuine soul and I believe Joe Public will believe in it

 

disclaimer

this information is for entertainment only and are my personal opinions. I always recommend investors conduct their own research and do not rely solely on the opinions of others including FUD !