Bitquence is getting a lot of traction in a very active community I'm in. Not just as an ICO, but also as a very valuable long term investment.
I hear everyone saying great things about their technology.
Simply, Bitquence helps anyone who doesn't know how to trade cryptocurrencies, make huge profits.
Getting community consensus data is the key for Bitquence to work great.
Turning the community-given data on cryptocurrencies into a simple interface where newbies can easily allocate their portfolio, without the need for any crypto trading knowledge, that's what Bitquence is about.
Bitquence users will be able to decide on the level of risk, and Bitquence will allocate the savings to the best coins experts choose for each risk type.
This is great for anyone who doesn't know anything about cryptotrading.
Since Bitquence is rewarding the coin holders who make the most accurate reviews (about cryptocurrencies), this makes holding Bitquence more attractive, and in the meantime, it helps Bitquence to gain more accurate data on cryptocurrencies, to later use in allocation.
Bitquence so far seems like it will help welcome so many people into crypto market. If executed well, millions of people can trade with Bitquence, in a secure and reliable way.
Thus the potential is huge here. Both for investors, Bitquence itself, the market, and people who want to trade with data from experts.
Platforms that make mainstream adoption easy are the most valuable ones in these early days of blockchain technologies. When they are more scalable, they can easily reach more users, thus increasing the value of a technology greatly.
Making trading easy for everyone by using community consensus assessment, is revolutionary for the market. It is easy to accomplish it too, given people who make great assessments get rewards by the nature of the platform.
I feel like Bitquence has a team who knows what they are doing. Because they don't just expect people to give ratings without any reward. Bitquence reward system is a smart win/win for all the parties involved (investors, users, tech, market).
Yes, Masternodes of a coin give dividends.
While, Bitquence rewards coin holder community members, who make accurate reviews. The better you know cryptocurrency market, the more you'll earn.
If you compare the two, Masternodes are not as valuable to everyone involved in a coin. I think reward systems which have inherent value for all the parties involved are healthier for blockchain technologies, and their cryptocurrencies to thrive.
I love this idea because getting community consensus data and making use of it this way helps every single other cryptocurrency in the market.. Mass adoption from the general public is only a good thing for all the market, investors, founders and alike...
Bitquence's mission to make trading easier for the mainstream, is a valuable asset for the cryptocurrency market. Not every technology has a power to bring adoption from general public, and the ones who do thrive better. Just look at Steemit.
Experienced cryptotraders helping newbies is a simple yet huge idea, and the rewarding system here seems like they bring more value to the economy than Masternodes. They provide more value to users, investors, platform, and market.
I believe that in the future, most blockchain technologies will have gamification scenarios, that result in new specific values to sustain a flourishing mechanism.
Here is how Bitquence reward system works as a value providing asset:
1- Community gives risk assessment scores to each coin
2- BQX coin owners are rewarded by making contributions, the better they assess each coin in these areas:
- Technical Fundamentals
- Market Potential
- Community
- Governance
- Active development
Thus community consensus is taken, but the community consensus will mostly taken from people who actually know what they are doing and who are coin holders.
3- Users will decide the risk level of their porttfolio. (More risk, chance for more reward)
Bitquence wallet will then allocate money to different coins, based on community consensus and risk levels.
I am in love with only a couple cryptocurrencies, and most of them are platform coins like STEEM, LBRY, and BAT. Bitquence entered my list, because I see it as a valuable technology that can scale.
In the meantime, I'm seeing more and more people thinking to hold on to Bitquence for the long term. Which is important for an investor.
We might see a huge community support behind Bitquence when it hits exchanges. I certainly think that cryptocommunity will hear about Bitquence much more very soon.
Sincerely,
Arcturian
--
GIVEAWAY:
I'm having a giveaway of 1000 Bitquence tokens for the closest person who predicts the price of Bitquence after 2 weeks of it hitting the exchange. For entering the contest, and seeing the price predictions click the link below:
https://steemit.com/bitquence/@arcturian/predict-the-price-of-bitquence-and-win-1000-bitquence-tokens
If you want to check out Bitquence ICO here is my referral:
https://bitquence.tokenmarket.net/?aid=OrjsBZmcQCOORqU4nhB15Q
I write on cryptocurrencies daily. If you'd like to read my articles, and follow the content I curate on crypto, you can follow me.
P.S. Never invest more than you can afford to lose.
Do you guys know if there are any comparable projects out there except Iconomi and bitquence? It theoretically sounds good, and, seems similar to ETF investments!?
This post received a 3.3% upvote from @randowhale thanks to @arcturian! For more information, click here!
Great post man! i am with you i love this coin and the platform, this isnt out is it? also i had trouble with my ico the other day and Shingo lavine(Ceo) was emailing me back and fourth and helped me. Now i am not sure if he does that but i thought it was awesome and that he'd take time out to help me out with troubleshooting. Shows me that they care and are willing to satisfie their customers. Upvoted,and resteemed:)
Thanks a lot man!
I heard a couple other times people talking great stuff about his focus on communication.
I think they will be very transparent and helpful in the future too. Given how much they care...
Great article dude. Thanks for explainging it all so well I have followed you.
Thanks a lot. Followed back mate!
Resteeming as well. I think this is a great article my followers might enjoy.
Thank you so much, I appreciate it! :)
Dude, i find it very positive to know that someone like you has invested in Bitquence - I participated in the ICO too and i really believe that BITQUENCE will feel some crucial gaps. I personnaly am a technical analyst and i am pretty impatient to share my thoughts with like minded people, and learn from them too. Have a great day and keep the good work
Thanks a lot mate.
I think it's much easier for people who have entrepreneurial or tech background to see great value in Bitquence.
This project is very positive for the industry which have been recently victim of a lot of scammers and miss information, i think the community behind it is solid as well as the team ! It will succeed only if early investors are keen to hold their coins and not be greedy and too impatient to get short term "small" profits
Just like you said man, there is a huge community behind Bitquence who believe in this coin and platform a lot. Since the support is getting bigger, in my opinion, Bitquence will definitely become a huge asset for the whole cryptocurrency market.
Hey buddy ,thanks for this amazing review. Im also bought already tokens, and all thinks looks great atm . Cant wait till it will be already available.cheers
Hey man, thanks a lot for stopping by to share your thoughts. I can't wait for it to hit exchanges either. It will be exciting times :)
great read, ive invested myself
looks like a winner
thanks mate, do not forget to HODL :D
Great article! I want to resteem it, how does it work?
The Re-Steem button is the small button to the left of where it says Reply at the bottom of the original post (:
Great post thank you! I am also very excited to see the potential of Bitquence. Love the integration and the fact they have a working product before collecting ICO says a lot about their preparation for launch.
Thanks a lot mate. They are definitely on to some great achievements.
This post has received a 6.95 % upvote from @booster thanks to: @arcturian.
i agree fully !! with the platform helping the general public realise which coins are actually valuable and less risky. this will add a certain amount of trust into the cryptocurrency space !!
really hope people look at this as a long term investment
Bitquence definitely has made the right structure for investors to see it as a long term investment.
BTQ is a good investment!
I think the same way! :)
What interests me more than the wallet that Bitquence will create is the baskets of assets they will create which people can invest in. However, how are they different from Iconomi's DAA ones: https://www.iconomi.net/arrays?
Just looked into it a little, my first impression on it is: they don't have a simple vocabulary. Too much jargon. I don't know why tech founders don't create their landing pages for even a 5 year old to understand everything clearly. I guess ICONOMI will be more single user portfolio oriented, and Bitquence more community consensus portfolio oriented. Since Bitquence gets the community consensus from a bunch of people who do great assessments, I'd put my money into Bitquence, if I'd allocate my portfolio.
Probably only trading experts might pass the idea to allocate their funds this way. They will definitely help the rest of the people who want to earn massive profit, without any expertise.
I haven't looked into Iconomi that much tho, so my comments wouldn't be on point. I'll research into Iconomi's DAA tho. Thanks for mentioning it.
great project. i also hear abount bitquence project. this project is really fantastic. 100% will grow up.
Yup!
Great review. I have some tokens myself. I think it's a great idea and will prove helpful (and profitable) in the future.
Welcome onboard :)
Thank you very much! This was a good, well written article. Put in on the ICO already and after reading this, thinking about putting some more in. Lol 🤣 Noticed that bitquence extended it's deadline time by 4+ days so anybody looking to get in early still have a couple of days to do so. Crypto train is heating up. Woot woot!
You're welcome! The 3 day extension is good for Bitquence to get more investment so they can have a better product and marketing. I think it's definitely a win win, since most people are predicting that the value of the coin will skyrocket.
Great team and company! I have bought #BQX for a long term HODL and I hope the community did as well
Great article. Bitquence must be huge!
Just bought huge amounts of BQX!! The demo of the platform looks so cool.. it is going to be huge deal!
I love this project. Bought a few BQX on CoinExchange (as much as I can afford). Hodling now ;).
Thanks for the post.