Hey friends,
Yesterday I made a Facebook post about Reddcoin. I said it's worth holding for the long term since I think it will be big when it passes a certain challenge.
In this post, I just want to give you a little more detail on this...
Reddcoin is a social cryptocurrency that allows tipping rewards on social networks.
It's a proof of stake coin, which means that you can earn more Reddcoin by holding Reddcoin in your wallet.
You can download a desktop wallet from https://www.reddcoin.com/#Wallets
Currently the development team are working on the over-all user experience by creating a browser extension called Redd-ID.
If they successfully integrate Redd-ID with a major social network like Facebook or Snapchat, you can expect Reddcoin to start gaining popularity.
I look forward to being able to tip someone Reddcoin for their Facebook post. I think it will really help people appreciate the potential of Reddcoin and raise awareness of cryptocurrency as a whole.
Reddcoin is cheap at 65 satoshis. I would say buy 10,000 ReddCoins and forget about it for a year or so.
That is exactly the only reason why I hold thousands of Reddcoin. It's because of ReddID.
As you said... I believe the release of ReddID will create a huge spike. And if they get it working with Facebook or so... we'll, that would be a dream come true. Then all of a sudden we would have Steemit but on Facebook.
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Thanks for the info @belal
UpVoted.
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ReddCoin has huge potential , I really like this idea.
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Keep going
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thanks for details about Rdd
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thanks for the information
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I agree with the long-term hold strategy. Integrations with a large social network will bring a lot of adoption.
However, 10,000 RDD won't get you far if you have to pay 64,000 RDD for your Redd-ID. Are those the expected prices in the video, or just demo prices?
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Interesting post. Thanks for bringing this to our attention. The coin market will be turbulent for the upcoming year(s) but I really believe in it. We really need more insights in the market and previous investment results. Besides coinmarketcap.com there is: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis.
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