One of the big questions of Smart Money or big investors regarding Bitcoin is that due to its high volatility, it can not be considered a reserve of Value. A good article that deals with this topic is: "Bitcoin is not a Store of Value - Yet" by Jhon Blocke. where the author explains his reasons why that could have happened.
he quotes from Wikipedia:
¨Money is one of the best stores of value because of its liquidity, that is, it can easily be exchanged for other goods and services¨
We must notice that a large proportion of investors who acquire bitcoin do so as a bridge to purchase other crypto-currencies with potential for real use. We could say that AltCoins performs to Bitcoin as the ¨goods and services¨ from the Wikipedia Money definition.
But, due to the abundance of failed projects, or with a roadmap breaches. People despair and look for their money (Fiat) back, favouring the collapse of the Bitcoin price, and impacting the current market situation.
For this reason, we need serious, and responsible projects with examples of practical application such as ANON and its powerful zk-SNARKs technology. We must be frank to recognize (at least at this stage in the history of cryptocurrencies) that if bitcoin is stable (moving sideways in a soft upper trend) the important altcoins will also follow that upward projection.
A word comes to mind when thinking about this situation and it is: Synergy. Defined as: ¨The creation of a whole that is greater than the sum of its parts¨ by Ray French, Charlotte Rayner, Gary Rees, Sally Rumbles, et al. Organizational Behaviour (2008). Bitcoin and Anon can collaborate with each other, in this respect, and benefit both in their perception by the market.
I think that with the current bargain prices of the crypto market in general and with all the room that they have to grow once we start a solid upward trend, it is a good time to enter into promising projects. We must emphasize this and repeat it enough times. Promising projects.
Another reason why I consider Anon part of this group?
Considering the aggressive investment in the campaign carried by the Anon team. 5500 Zcl equivalent to approximately 55,000 U.S Dollars according to the price of Zcl for the middle of June. This amount is very representative compared to other advertising campaigns for the general public in other projects. These guys have a lot of confidence in the project they handle, and as a result, they do not tremble to make such an investment to promote their coin.
Here you can see how they are actively leading the bounty campaign. keeping a register open, of the users that are participating in each campaign. Whether they are participating in the campaigns of Twitter, Telegram, Article- Writing, Videos, etc. They are updating the qualifications to the applications of EACH user in EACH campaign. Making these updates practically DAILY.
And Giving the justified reasons to each participant of WHY they make the rejections of their records. In truth, particularly, I had not seen so much dedication on how to run an awarding campaign to users. They are very organized, despite having so many ways to participate at the same time.
Definitely, this speaks very well of the management in this Department by the ANON team, and how they have prepared to run their business, even before the fork event.
The considerations derived from this publication are the result of my particular research and do not pretend to be a financial advice. Please, do your own research and feel free to elaborate your own opinion about it.
Website: http://www.anonymousbitcoin.io/
White Paper: http://www.anonymousbitcoin.io/whitepaper
Twitter: https://twitter.com/ANON_WeAreANON
Bounty campaign: https://medium.com/swlh/anonymous-bitcoin-anon-official-bounty-campaign-7ea01c3bc4b
Linkedin: https://www.linkedin.com/company/anonymous-bitcoin/
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2173406