Excellent advice on investment tactics Litoshi. The only point on which I disagree is the price of BTC. Yes indeed it has stabilised recently at circa $600, however, I reasonably believe it will rise sharply over the next 3-4 months. This is because major retailers and companies such as Dell now accept BTC. The reason it has not yet caused price rises is that, by way of example, serious tech people do not use Dell computers running windows and as many of us are electronic engineers, we are not as much in thrall to fancy expensive gadgets as the general population are. Why spend thousands of dollars on fancy looking kit from a retailer who now accepts BTC if you can build it yourself from stuff in your parts bin? In point of fact, geeks never run MS windows at all if they can avoid it, preferring to buy state of the art motherboards and modding them for relevant applications. Accordingly they normally build their own rigs and run Ubuntu, Linux distros or maybe Mint Cinnamon.
Conclusion: Powerful reasons for BTC to rise sharply in price have had little impact on committed geeks. However, allowing a 3-4 month time lag between geek awareness and general population awareness, this indicates to me that BTC will rise sharply in 3-4 months. I estimate a 75% probability BTC will hit $800- $1100 in that time frame. Regretably this is intuitive on my part and cannot be demonstrated empirically.
Quantum:
I used to build computers as well, Greenscreens even. Loved those Weitek co-processors and the soundblasters. 14.4 modems......wheeeeeeeeee!!!!! Dr DOS!!! Newsgroups!!! No spam emails or web ads!!! Archie, not Google!! AH... nothing like the sound of those tones when the modem got a clean 2400 baud connection. ISDN anyone??
Linux... been there, done that... but the programs I needed for business, such as Primivera P3 and MS Project, did not work on Linux. It was also difficult in the 90s to find peripherals that had Linux drivers. WinModems....YUCK!
As for BTC, and XCR, the future of cryptocurrency has to evolve out of the "Tech heads" and to the "I turn the key and it goes" crowd, especially the unbanked. It is estimated that 80% of the world population is unbanked. A huge market for an alternative.
Did you know that there are billions of $ sent every month from first world countries to third world countries, and that many of the receivers do not have bank accounts. The money transfers are usually accomplished thru forex dealers located in ethnic markets, with the money hand delivered to the receiver...... at a very competitive rate of 15-20%.
However, many of those receivers have cell phones or even smart phones. QR Codes are the future here. Immediate sending and receipt of cybercash, then spent locally thru merchants accepting the cybercash. The Philippines and Mexico alone are worth 2 billion a month. A SmartPhone APP for XCR will be the match on the fuse.
The one caveat here, is that the value of the cybercash has to be relatively stable. The 10% daily swings in BTC value that we have seen in the past will only serve to drive users away. Consumers that will drive across town to save 3 cents on a litre or gallon of gasoline, would not put up with a cybercoin that changes value so quickly. Would you shop in a grocery market where the price changed as much as 10% up or down in a day?
I assure you that Dell converts their BTC received in a sale immediately into USD, Reminbi, Euros or Krona. They need to avoid the price fluctuations. Likely they also treat the sale as happening in a tax haven country so as to divert the income away from the US tax collectors.
