Cryptocurrency Crashing August 12 2020

Cryptocurrency crashing august 12 2020

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The blockchain revolution is here and it’s going to gather more steam in the years to come. Most people don’t give a shit but for those of you wondering where to put the smart money, here’s Kabiru’s prediction for the top ten cryptos of 2020.

Ethereum (ETH)

Only Ether could be number 1.

The first platform to do everything from Smart Contracts to Proof-of-Stake to a nifty killswitch that can reverse any transaction ever made. All in the hands in the hands of a Russian genius.

Dubaicoin (DBIX)

First blockchain to go national and show the world that governance can be fair and immutable.

January 2020: Bitcoin price predictions and Facebook's Libra

The Kenyan government would shit themselves before trying one of these. Immutabe elections and unchangeable title deed records just aren’t their style.

Steemit (STE)

People love to chat shit. And they also love that they can pay fellow artists without actually having to pay them.

Attention economy at its best.

Library Credits (LBC)

Crypto YouTube/TV.

Cryptocurrency crashing august 12 2020

Everything ever published will be up here, and immutable. For the world to see and never forget.

Bitshares (BTS)

After the catastrophe that was Mt. GOX people still insisted on using exchanges to hold their coins.

Cryptocurrency crashing august 12 2020

Hacks happened, coins vanished, that’s just the law of the land. Until Bitshares decided that an exchange should be as secure as the coins they keep.

Bitcoin (BTC)

The first one through the door always gets shot.

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Bitcoin sold us a dream, and whilst many still believe in it, the constant squabbling amongst its miners, and the fact that it’s still mineable have forced us to choose more efficient cryptocurrencies. Come on BTC, 3 days for a transaction to go through?

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What is this, a clearing house?

Litecoin (LTC)

Perennial runner up despite a brilliant community, reliable function and speedy block-times.

Would be the top crypto if majority of the world wasn’t still so hooked on fiat.

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But your time will come Litecoin, you and your Lightning Network.

The Shapeshift Exchange (?)

Strictly speaking, this one doesn't actually exist at time of writing but if you consider the volumes that Shapeshift handles and the low rates that they offer, it’s only so long until they make the next shift into a Decentralized Exchange.

And it’ll be on a tangle.

Internet of Things (IOTA)

At some point in the future your microwave will need to make a payment to your fridge.

This CRASH. Time to PANIC? No! I'm Buying 3 ALTCOINS!

Maybe a bribe because sparky looked the other way when the fridge slipped that really nice fridge cleaner into the shopping list. Internet of Things is the best platform for these kinds of transactions because it’s quick, easy and reliable. And no transaction fees.

At all.

Ask an Expert

Ever. And still nobody will find it weird that you live in a world where robots need to make payments.

Cryptocurrency crashing august 12 2020

Time for a Terminator reboot.

Ripple (XRP)

The premier portal for old money making its way into crypto.


I could be right or I could be wrong.

I’m no fortune-teller but I take a lot of drugs so there’s a good chance that one of those portals that I saw into the future was an actual portal into the future in which case Jenny I’m sorry but you only have four days to live.