10/13 ANDY HOFFMAN (CryptoGoldCentral.com): Bitcoin Rhodium’s Biggest Strength…It’s COMMUNITY!

Two weeks ago, Bitcoin’s breached it’s summer-long “descending triangle” formation at $9,500 – causing it to plunge to $7,700, and take the entire cryptocurrency sector with it.

As was the case last November, when the first “Hoffman Line” (at $6,000) broke, extreme fear and pessimism entered the space – along with numerous, brain-dead “explanations” from the clueless “crypto media”…and of course, epic levels of “TA” fearmongering, the hallmark of this still incredibly immature sector – from established ENEMIES like Tone Vays, and dozens of “Tom, Dick, and Harry” newbies.

Last year, they claimed “Satoshi’s Vision” posed an actual threat to Bitcoin – and today, blame ETF disapprovals, a “weak” Bakkt futures launch, and Google’s (yet to be confirmed) “quantum supremacy” breakthrough. All such “issues” were nothing but FUD – and as was the case then, Bitcoin will regain its footing, and return to vogue. As will the handful of altcoins with viable, defensible use cases – and likely, many without.

Bitcoin’s all-time high hash rate – just seven months from the halving, with the best global monetary backdrop in its ten-year history, makes this as close to a certainty as one can get in the financial world.

Outside Bitcoin, an incredible amount of interest exists in the cryptocurrency community – as evidenced by the dozens of new coins created each week. However, the vast majority will fail - as creating value requires a viable, defensible use case…and oh yeah, years of hard work and community support.

To that end, Bitcoin Rhodium is two weeks from its one year MainNet anniversary - and two months from the two year anniversary of the project’s launch; i.e., a pioneering airdrop to BTC holders – that until the other project I work with, MWC, launches next month, will remain the ONLY primarily distributed via airdrop in all of crypto; plus, the ONLY one paying a regular, in-kind dividend.

I am not part of the XRC development team, but became deeply involved from day one – when I not only recognized the potential for long-term value creation, but one of the top development teams in crypto. They have since proven me right, far more than I could have imagined – and FYI, added another member this weekend.

However, what has REALLY blown me away is the strength of the Bitcoin Rhodium community, found 24/7 on XRC’s Discord channel. Borne of loyalty to a group of strangers that toiled hard to give them something for FREE, it has grown into a deep, dedicated, global group of investors, coders, miners, and marketers. To that end, many of my most trusted friends and colleagues in the space come from the XRC community – a handful of which, are now prominent members of the MWC community, too.

Each time the crypto sector declines – or, XRC specifically – the community rallies to discuss various measures that can be taken to improve XRC’s standing, and value. This time is no different – and frankly, this latest “baby with the bathwater” sector decline may prove to be a blessing in disguise, given some of the ideas spawned of it by XRC community members.

I have no comment on them at the moment – but assure you, the extremely proactive XRC community will take the best, and implement them ASAP. Bitcoin Rhodium’s uniqueness lends itself to options essentially no other coins have – and I look forward to reporting ASAP on these potentially amazing fundamental developments!

Bitcoin Rhodium currently trades on HitBTC, Changelly, p2pb2b.io, WhiteBit, Trade Satoshi, Fat BTC, Sistemkoin and Bisq. If you have questions about anything XRC-related, including OTC trading, please email me at [email protected], or DM/PM me on Twitter or Discord.