/biz/ - Business & Finance

Just a friendly reminder that you should be filling your bags with Turtle if you're playing the long game. Turtle is private, fungible, digital cash and is positioned approximately where Bitcoin was 4-5 years ago while improving on Bitcoin as a currency in many ways. Turtle is what Bitcoin was supposed to be.

I'll elaborate a bit. Turtle is decentralized and has few if any whales due to not having a pre-mine or central corporate authority with a huge chunk of coins stashed away. This is evident by observing its near constant "low" volume across all exchanges. In other words, TRTL/BTC or TRTL/USD trading in 2018 is still comparatively organic, similar to BTC/USD several years ago. You'll see similar low volumes across exchanges for other coins that have fair distributions since they aren't being constantly wash-traded in markets that can be manipulated by whales/devs to draw eyeballs to the charts.

Back to the 2013-15 technical comparison.
>BTC marketcap ATH before Mt. Gox crash: 13 billion USD
>BTC marketcap low after Mt Gox sell-off: 2.8 billion USD
>TRTL 2017-2018 bull run marketcap peak: 1.2 Million USD
>TRTL current marketcap: 700,000 USD

Obviously we still may be in the middle of an overall downtrend, so invest when you think the time is right, but I think the parallels are there when comparing marketcaps of two coins that are supposed to be functioning like currencies at similar times in their development cycles.

Turtle has a completely different codebase than Bitcoin (and thus most other altcoins) and in a lot of ways is still a hassle to use, so it isn't flawless. If any anons out there have questions I'll stick around for a while.

tl;dr
Go long TRTL.