Community Observation: 2019.09.06
Community Observation publishes insightful opinions and interesting thoughts collected from the SimpleChain community. If you have any thoughts/opinions about blockchain/crypto that you’d like to share, feel free to contact us through our Telegram group.
My Predication: Invest in BTC & SIPC
By 空客730
Lately, a lot of people have been asking me how to invest in cryptocurrency,
My recommendation is BTC and SIPC. BTC has been flat around $10000, and SIPC is staying stable at $0.45.
My prediction, within 6 months, Bitcoin will be over $20000, and SIPC will be over $2.
When you buy Bitcoin, you’re betting on the trend. When you buy SIPC, you’re betting on the opportunity.
The larger the volume, the smaller the increase. With Bitcoin’s current volume, it’s difficult for it to increase 30 times like back in 2013.
However, this would be possible for SIPC, a coin in its early stage. As for why, I’ll explain another time.
Note: This is only my personal opinion.
About SimpleChain
SimpleChain is a PoW main chain with flexible sub-chains. Different sub-chains can adopt different kinds of consensus and block data structure as needed, to support a variety of applications and use cases on blockchain. Sub-chains also support sharding to improve performance. This double-layered structure of one main chain and multiple sub-chains can fuel various applications while ensuring the consistency of the network.
Built on Baoquan Chain, SimpleChain’s first sub-chain, Baoquan.com provides electronic data services including electronic evidence service, online evidence gathering service, and copyright protection platform. Based on the non-traceable and non-tamperable features of the blockchain, the advantages of Baoquan.com is that user data can be permanently stored on the blockchain, independent of corporations.
In June 2018, Hangzhou Internet Court of China judged a case of a dispute over information network communication rights. For the first time, the court confirmed the legal effect of the electronic data stored on Baoquan blockchain, and clarified review methods of electronic evidence on blockchain.
We have launched the mainnet beta version in January (see blockchain browser), and we will be launching mainnet official version 1.0 in Q3 this year. Also, our codes are open-sourced on Github.
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