This last year has been a wild in the cryptocurrency space.
Thousands of new coins have entered the market, and many projects aspire to be in the ranks of Bitcoin, Ethereum, and other top cryptocurrencies.
Hidden in plain sight:
HOW TO FIND HIGHLY
UNDERVALUED
CRYPTOCURRENCIESLIKEBITBAY
This last year has been a wild in the cryptocurrency space.
Thousands of new coins have entered the market,
and many projects aspire to be in the ranks of Bitcoin,
Ethereum, and other top cryptocurrencies.
So how do we, as investors,
find highly-undervalued cryptocurrency
investments?
We need criteria that can be used to objectively and
systematically evaluate EVERY project, and remove
marketing-induced emotion from the equation.
We must ask questions which filter out all of the vaporware,
scams, and “empty promises” that plague the entire
blockchain market right now.
The project must be completely different and
innovative in order to disrupt or change the path of
the previous established system’s use.
Does the project bring an
innovative new idea to society?
There is an ENDLESS SEA of brand new ideas
floating around in the world. Whilst only the smallest
fraction of those ideas will actually come to fruition.
What specific problem in society does
the cryptocurrency solve? How many
people share that problem?
An altcoin with only a website and a whitepaper is not useful
to society. One with TRUE VALUE will have a clear, easy to
understand, and transparent solution to a problem that can be
directly adopted by the market.
Generally the longer a coin project is around, the more time
they have to become established. With longer blockchains,
time spent finding bugs, increasing user-base, and overcoming
security breaches, projects will slowly become stronger.
How long has the coin been in existence?
With fewer than 500 blockchain developers in existence, where will the
thousands of new ICO’s find skilled people to build their product?
There is an expanding number of self-proclaimed “experts” and
developers in this newly emerging space. Many of these people don’t
have much of a visible track record, if any at all.
Who are the developers and
team members?
Once a coin project has some time under its belt,
it should also have also made some progress with
development.
How much progress on development
has been made to date?
Some projects (such as BitBay) will allow inspection of their
obfuscated source code. This allows for thorough inspection of
the code’s integrity, but prevents others from cloning it entirely.
Once BitBay’s product is complete, it’s code will be completely
open to the public.
This can be a great indicator to the level of team
organisation surrounding an altcoin project. Looking at
a roadmap with vague timelines and “general goals” can
translate into a lack of commitment on the team’s behalf.
Does the team have a solid track record
for completing road map items on time?
We are looking for tenacity and commitment.
What is the team’s primary
motivation for growth?
Hint: The team’s motivation should be directly related to the above
“common problem” that the project is working towards solving.
The bare minimum would include a web-based wallet,
downloadable desktop wallet, and/or cold wallet option.
How much of a focus is placed
on security?
As a decentralised community-based project, the
team here at BitBay wants EVERYONE to ask the
above questions about our product and we’d love
to answer any other questions you might have.
WHY WE BELIEVE BITBAY IS HIGHLY
UNDERVALUED RIGHT NOW:
With the combination of our revolutionary double
deposit escrow, volatility-reducing dynamic peg, and
functional decentralised markets, we are eliminating the
need for people to trust each other on a global
level….right now.
Our multifaceted software is free to use, and has been
tested with every type of transaction, including real estate.
This year, it will also have the capability to integrate into the
framework of any company or organisation, making it the
perfect solution for businesses worldwide.
Since 2014, our primary focus has been development and
security. Now that we have a fully functional product, it’s
time to shift that focus to user experience and adoption.
At BitBay, we do things much differently, in order to best
position our platform for long-term growth.
We’re deeply passionate about this project’s development
and success. Our team consists of talented people all over
the world, who work relentlessly around the clock to
complete road map items ON TIME, EVERY TIME.
Also, check out our roadmap for more exciting things coming soon!
Click HERE to get
started today.
Have questions?
Ask HERE