By now, you probably heard about this internet currency called "Bitcoin". Bitcoin reached an all-time high of 4800 US Dollar and broke the 4000 Euro mark last week and continues to rise. The news all over the world are reporting about this enormous increase in value, again. Already when Bitcoin broke through the 1000$ mark, the news were spreading the word about this "new" Cryptocurrency, and it's probably by then that you may have heard about Bitcoin for the first time. Unfortunately, the overall public opinion of Bitcoin and cryptocurrencies was not very positive, many reported that Bitcoin is rather something negative than a valuable product for society.
Over the last years, criticism dominated the discussions about Bitcoin and supporters had difficult times to promote their beloved investment. "I don't believe in Internet money". "This is nonsense", "Where's the value coming from" or most likely "Only criminals need those" are only few of many examples from the repertoire of people criticising Bitcoin.
Only few spread positive news about Bitcoin and many early buyers have sold their Bitcoins years ago because they lost their faith in their beloved Cryptocurrency. By now, most of these people (Everyone in my opinion) would like to travel back in time and do everything to buy as many Bitcoins as possible and to never touch them again.
The internet is full of comments about the huge losses and gains people made by selling their Bitcoins. Many would like to get in again because by now, they see that Bitcoin became far more than they would have ever expected. Countries start to adopt Bitcoin as legal payment method and it's already rather common to see shops on the Internet which accept Bitcoin as payment for their goods.
Instead of listing hundreds of different possibilities to use Bitcoin, I'd rather give you the proof, that the demand in Bitcoin is booming; the block size of Bitcoin will need to be increased to handle the sheer amount of transactions that are made. The network is reaching out to its limits because so many users are sending money with Bitcoins, that the confirmation time for a transaction increased from seconds to minutes and even hours.
This extensive use of Bitcoin causes some problems to the people who used Bitcoin for it's main-benefits; the very small transaction fee to send money across the globe and the short time your money needs to arrive at its destiny.
The biggest "problem" with Bitcoin by now is however the enormous price already mentioned in the beginning of the article.
When you're not one of the lucky guys, who bought 5000 Bitcoins for 100$ and spent only 2000BTC for pizza, and got some spare Bitcoins left from back in the days, you might already struggle to accumulate one entire Bitcoin.
Only very few people on the world have the spare money to afford some Bitcoins at this enormously high price. The price predictions vary a lot, some say it can only double, others say it will be worth way over 100.000$ in some years.
Instead of whishing that you had spent 100$ on Bitcoin 7 years ago (you would now be sitting on a fortune worth more than 75 million USD!) and instead of (but better after!) spending your 100$ for a fraction of a Bitcoin (about 0.02 at a rate of 4800$), you might ask yourself:
What's the next Bitcoin? When will history repeat itself? How can I become a millionaire with 100$?
You can start to do your own research; open coinmarketcap.com and scroll through over 850 different cryptocurrencies. The one you're searching should have the same details that Bitcoin had when it became popular, it should be cheap, practical, safe and of course it should have a more than bright future development. You know that it's definitely among them in this large list, but which one is it?
Some have really strange names, some increase over 50% in 24 hours and others loose even more in the same time. Taking a decision did not become an easier task with the choice of investing in cryptocurrency.
We're not talking about the more and less harmonic financial markets here on Earth anymore, but the crypto markets are more like the rough and life-threatening landscapes of Mars; which is still unknown and mysterious for mankind.
Many of these cryptocurrencies have great concepts, simply check out some webpages of your preferred coins (I love the idea of Zencash for instance) and see for yourself. Some promote decentralised data storage, others help content creators to get paid for their work and so on, the utility is enormous.
But there's one huge factor that decides about the success of a cryptocurrency: the community that uses the coin. Without people who use it, it can't grow. And growth is exactly what we expect from the cryptocurrency we're going to invest in.
How is it possible to find out which coin will grow the most? Which cryptocurrency will grow the most? Which one will grow just like Bitcoin, from 1$ to nearly 5000$?
To answer this question, we must take a closer look at Bitcoin. We must find out who used Bitcoin so much until it became such a huge success that more and more people followed the trend.
In the beginning, there was no café where you could pay for your coffee with Bitcoins, there were no shops where you could order your everyday stuff you usually buy on Amazon or your local shop of confidence. But there was another marketplace where people actually used only Bitcoins: the deep web.
If by now, all the lights in your head are flashing in red in pace with the alarm sirens because you can only think of illegal and dangerous merchandise that's sold in this criminal shady corner of the internet, PLEASE DO SOME RESEARCH because you probably never heard about the difference between the DEEP web and the DARK web. Wikipedia can help you out with the basics so you can build your own opinion about the other part of the internet instead of funding your opinion "on something you heard somewhere some time ago".
I would like to give you a small list of things you can do on the Deep Web and I think that you're pretty familiar with most of them: You can make commerce, buy, sell and trade on the Deep Web and you can send messages or emails with it. You can use it for file storage or file sharing. There are forums and social media sites on the Deep Web as well as whistleblowing and government-criticising sites.
Unfortunately, not everyone in this world lives in a free and peaceful country so far. The Internet in China restricts 1.4 billion Chinese people (1.400.000.000!) and visitors from accessing every site on the Internet. Want some examples? Google, Facebook and YouTube for instance. And there are many more countries, North-Korea on the top, Turkey, dictatorships in Africa and South-America and many others restrict the freedom and fundamental rights of their population!
The people from these countries must get a chance to do all the things we can do in our free and regulated countries and their controlled markets! When they can't communicate and express their free opinion because they must fear that they are categorized as regime critics by their government, we have to give those people a chance to claim their rights!
The tool that helps those people is the Deep Web, which they can access trough the Torbrowser. The Tor network hides the identity of the users so that they can surf completely anonymously without the fear that someone can trace them back.
When people can’t use their regular currency anymore, like in Venezuela at the moment where the inflation reached records, or when people don't want to be traced back, they can't use normal payment methods anymore because their VISA information for instance, can be tracked back to them pretty easy and fast.
That's why people used Bitcoin back in the days. They did not use Bitcoin because they wanted to, but because they had to, because no other currency at that time guaranteed their anonymity as much as Bitcoin.
However, by now, every crypto-enthusiast knows that every Bitcoin transaction is written down in the Bitcoin blockchain. The blockchain can be viewed by everybody in the block explorer and especially cyber-law-enforcement-agencies, run by governments who want to track down people who used Bitcoins for criminal activities, can easily find out who sent money to who ten years ago.
That's why people started to use other cryptocurrencies which guarantee more safety and anonymity for the user.
Altcoins are booming and many offer fast transactions and a high level of security, but in 2017, people only want the best, the consumer wants the best product he can afford that gives him the most satisfaction he could've achieved.
This brings us back to the question:
Which cryptocurrency will be the Bitcoin 2.0? Where should I invest my money in? Which cryptocurrency will be used the most in the future?
Tor does not only offer the (one and only) most secure browser which has been used by millions to access the internet in a safe and secure manner over the last years, Tor also developed a currency that reflects all the qualities for which Tor is known and used for.
They named their new cryptocurrency Deep Onion. The name may sound funny but it reflects the principal how Tor works. Your IP address, your identity on the internet, is untraceable because the information is hidden through multiple layers, just like the many layers an onion has. Between every layer, your data is decrypted and encrypted again before passing to the next layer, which makes it impossible to track back where the information is coming from.
The Tor browser proved over the last years, that this technique works perfectly fine, which qualifies Deep Onion to be the most secure cryptocurrency to use on the Tor network. It fulfills all the demands which the user already receives from the Tor browser and its network structure.
Bitcoin became popular because some people used it for buying over the Tor browser, but Bitcoin is now being replaced by DeepOnion because the people who use Tor want and need to use the safest and best alternative they can get.
Now in 2017, their best choice can only be DeepOnion. That's why DeepOnion will be the next Bitcoin.
And that’s the answer to all the above questions. You should trust DeepOnion to put your money in because it will have the same popularity as Bitcoin in the near future thanks to its amazing features.
This may be a drastic conclusion, but the features of DeepOnion beat Bitcoin because DeepOnion does everything better, the transactions are safer, anonymous, easier and faster. In my future articles, I’ll explain why DeepOnion will be the currency of the future and what amazing features it brings along to qualify as the next Bitcoin.
Thanks for reading, stay tuned and do your research.
thanks for sharing ! found you on my daily crypto top list and upvoted and resteemed your post ! all the best !!
Congratulations @lumining! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes received
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Great. Thanks for sharing. I vote for you and begin to follow you. And Resteemed...
follow @steemit-earn
and watch first strategy to earn steem dollars
we are here to help you :)
Nice article, 'Denarius' (DNR) is my pick.
https://steemit.com/cryptocurrency/@rajankc/denarius-on-radar-going-up-now-arn-free-dnr-joining-slack
I just learned about DeepOnion but love the community aspects of it. It does not seem to be aimed at a quick home run, but building a network with safe, privacy minded and easy payment options, all in a warm bath of positively aimed forum discussions. I hope to find out more about this project by reading up.
Congratulations @lumining! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You made your First Comment
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @lumining! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You got a First Reply
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP