Independence against the Bitcoin Dominance

Independence against the Bitcoin Dominance

August 24, 2018 0 By Steven Anderson

While the price of Bitcoin shows several ups and downs – the markets endure to show faith in the currency. This is a figure which has been seen multiple times in the past. While Bitcoin’s market dominance has risen, the market scenarios then and now are quite different. Back then, Bitcoin covered a 50% market share of the cryptocurrency markets, where the total crypto market cap stood at nearly $600 Billion. However, while Bitcoin’s market dominance is 50% , the overall market cap is less than half of what it was back then. The total cryptocurrency market cap is about $208 Billion.

Investors have become less open-minded and less willing to theorize on alt-coins. As a result, the investment and development of new crypto settlements will hurt. Bitcoins price is not the main issue of this topic.

That’s because investors primarily concerned with relative value. Crypto community believe in relative value trading, and it can expose a lot of interesting about the cryptocurrency market. Price can be volatile, highly emotional and unstable. Relative value tells us a entirely different story. With a relative value perspective, we can see the market is increasing in fear, even if this isn’t what is reflected in Bitcoins price. If you’re a true optimist towards cryptocurrencies, the price is less significant than the vision of the future.

A future where decentralized currencies can be used with total ease and convenience. Admittedly, this hasn’t happened yet, but steps are being taken towards this future every day. In any case, bitcoin in its current form isn’t able to deliver this future in the short term. Following on from this logic, presumably at some point another coin will takeover from bitcoin. But there is a solution to be independent.

INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem’s components, as shown below, are the  IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.

INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world.

INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.

Ingot Coin website : https://www.ingotcoin.io/

Share the News
  • 5
    Shares