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Moonshot predictions for 2018

  • The Great Mogul
  • Jan 10, 2018
  • 3 min read

I believe the cryptocurrency community should commit itself to achieving this goal, before this year is out, of landing a couple altcoins on the moon, and returning our savings to the earth. We choose to go to the moon! We choose to go to the moon in this year, and all the other things, not because they are easy, but because they are hard! Well, let's get our spacesuits and our rocket fuel and figure out what currencies are due for a moonshot this year.

First up is everyone's favorite choice, Etherium. In its favor, it's at the point that Bitcoin was at roughly this time last year before BTC went to the moon. There are compelling reasons for Etherium to grow: it will be a more fungible mainstream cryptocoin over the next year as China dismantles its mining rigs. But most importantly, its autocontract feature allows all kinds of applications to be built within it, including banks and video games that makes it more useful than Bitcoin. If it doesn't take one giant leap for mankind, I will break someone else's furniture. The only thing really holding it back is that this beautiful edifice will eventually be brought down with transaction fees once it arrives on the moon unless some kind of radical actions are undertaken that I just don't see happening.

Pictured: cuddle machine. Not pictured: the annexation of Florida.

A surprise choice is Dogecoin. I know, I know. It's a shitcoin based on an outdated meme, with no real upper hand over its competitors. But I'll say this - its very cheapness and low transaction fees will make it incredibly useful as a means of trade in the near future when Bitcoin and Etherium are more useful as stores of value, while its volatility will continue to attract the day traders, its relatively long history will reassure the normies, and let's be real here - everyone loves shibas. Your money could have a shiba on it, but it has Andrew Jackson on it instead. Nobody wants to cuddle with Andrew Jackson. One final thought about Dogecoin: its inclusion on the CoinPot platform alongside more established coins like DASH and LTC is contributing to its prospects. I truly believe faucets are underrated, and increasing economic insecurity is leading more people to turn to them. CoinPot has the best faucet platform and so their decision to include it on theirs will help change the market in the next year.

Next up is a really weird one, AION. The point of this is to weld radically different blockchains to one another to create meta-blockchains that can be suited to solving certain problems. The first reason to invest in this is obvious: the US Defense Department is investing in this. If government or the captains of industry move into something for its own sake, it's probably worth moving in with them because their presence usually means the fix is in. The second reason is why the US Defense Department is moving in... which should be obvious if you think about it. Blockchains that can be combined and recombined is inching perilously close to DNA. A computational version of biology or evolution might be possible with this thing. It would be the ultimate irony if our capitalist age were brought down by its own sentient money one day. But, like I said, the fix is in. There's no stopping the robot apocalypse if it comes, so you might as well make money on it. But I do believe that it will be a key aspect to the development of sentient AI, and this technology will be revolutionary if ever developed. Smart computer dudes like Kurzweil believe it will usher in massive changes in society in an age he and others refer to as the "Singularity," and getting in on that ground floor, however improbable, is probably worth five bucks' investment today.

I may offer some revisions to this list, but at the beginning of the year, these are my predictions for where your money ought to go. There is one I haven't mentioned in this list. It will go to the moon, albeit like a Nazi UFO returning to its secret tinfoil moon base. Ripple represents the big banks' money in this market, and its moonshot will enrich some of the nastiest people on this planet. Participate in it if you like; my day trading friend (we'll just call him "The Reverend" for now) tells me that he expects it to moon for three to four years before the reckoning comes. The Reverend has a long position in Ripple and is heavily invested, but he's aware his money's doing the devil's work. I do have to admit though, the devil's paying some decent margins right now. So invest if you're okay with some greasy people getting even richer than you.

 
 
 

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©2018 by The Great Mogul.

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