Hello,
Update: in hindsight ethereumcash might be different then the other made up tokens. But check them out first. Whitepaper for ethereum cash has yet to be published so lets wait on that. At least for me. The thing is a token can be created just like that. Its whats behind it, is what can or cant give the token value.
Currently the cryptospace, or rather the ethereumnetwork, is heavily abused by so called etokens. These can be simply created on the ethereum network and name them anyway you like.
Meaning that you can also name them Ethereum Cash! Ecash in short.
Seen here on coinmarketcap: https://coinmarketcap.com/currencies/ethereumcash/
Please be aware that the only reason these tokens exist is to take your money.
Its not worth anything cause there is no company idea behind it.
Its simular to this one: https://coinmarketcap.com/currencies/useless-ethereum-token/
Its called the useless ethereum token. The creator made $63000 with it. Crazy huh? I guess people just donated money to him because of the fun factor.
The e tokens are exactly the same as this token though!
Its a money grab, nothing more. When you love crypto you think everybody in that world does and that they have integrity. Not much more could be further from the truth. More then half of the people in crypto couldnt care less about crypto, but more about the $. And integrity has no part in their plan. Pump and dump, corrupt forum accounts to pump ICO´s, youtubers that mostly are paid advertisers (even if they come across genuinely! Watch out!). Now with that in mind you just have to avoid these landmines.
And once you are able to do so, THEN look for investments. Trust me, i speak from experience... Missed the boat? Let it ride, dont swim after it to catcht it cause you will drown.
There will come another one. And you know what? That boat you missed is probably gonna come back to pick you up anyway. And if not, just be happy for those on it.
And... just leave those e tokens. These are made out of thin air and all given away for free on airdrops.
An airdrop is a participation where the creator of a token/coin gives them away for free. So they can start building a community and market. Now this absolutely doesnt mean all airdrops are bogus. And also on the e tokens you can make money. Me personally i dont need to gain money if i know the token is completely worthless. Because its like begging. And begging is an insult to yourself. Thats how i look at it. Besides that i simply think its not integer.
Other then that,
do as you please.
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https://steemit.com/photography/@angelsmith/steemit-100-most-beautiful-places-in-the-world
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STOPSorry but I disagree, and not because I'm invested in Ecash (which I am). The verdict is not all in on Ecash. I'm waiting to see the white paper and full plan. They have delivered on every claim so far and I don't see any warning signs yet. Over 1500 people joined the airdrop in the first hour alone (that's crazy fast). They're literally 3 days old and you are pretending like you know everything inside and out. ByteBall and Stellar did air drops and they currently have a market cap of nearly half a BILLION.
If you have questions, you can join their thread here: https://bitcointalk.org/index.php?topic=2252306.40
Tx for ur comment. I made an update. Ethereum cash does indeed seem to have more goin for it then the other made up tokens. Ill have to check out the whitepaper when it comes out. But it seems every
legitcoin out there is getting aneversion.so far its a pump and dump... havent seen any decent whitepaper either.
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STOP