All posts by Min Park

Blockchain Marketing Specialist (https://krown.io)

What Are the Disadvantages of Ripple (XRP) as a Cryptocurrency?

The main problem with XRPs, and thus also against the Ripple network, is the way the XRPs were distributed. Ripple Labs, the creators of Ripple, created the network with 100bn XRPs in it, and no […]

Is It Worth to Just Buy 1 Bitcoin in 2017?

Sure, it is worth it. It would be better if you had already done it in September, maybe investing $3000 for 1 Bitcoin…because at the moment of writing, Bitcoin is $6000! You would have been […]

Will Quantum Computing Destroy Bitcoin?

That will hardly be a reasonable concern in the recent future. There are few reasons why. First, quantum computing is still in its early phase and it would take a lot of time until it […]

How do Blockchain Businesses Make Money?

In general, blockchain businesses can generate money by selling the services or products that they develop. However, I want to focus here on the way blockchain companies raise funds at the beginning of their journey […]

How Profitable is Automated Bitcoin Trading?

Appliance of trading bots hasn’t appeared to be effective in multiple ways. Bitcoin and Ether have relatively stable prices nowadays, but still nobody can tell for sure when the drop or the rise is going […]

Will Another Cryptocurrency See the 10,000x Gain Like Bitcoin?

Do you mean starting with today’s prices? It’s an impossible mission, and you will see why. Look, even if there would be such a cryptocoin and I would know for sure that it has to […]

What are Bitcoin Faucets?

Bitcoin faucets operate through a reward system. Basically, you do some simple tasks online, for an example, clicking on some links or something similar, and in return you get a reward in form of a […]

What would Happen if Russia Uses its Own Cryptocurrency?

Well, Russia will actually create its own cryptocurrency. This was announced on Friday by the Russian Minister of Communications. Maybe you ask it because you heard this news since it came two days before your […]

How Much will 1 Bitcoin be Worth in 2026/27?

I don’t really know it, and I’m sure no-one knows it, but chances are that it can be worth $1 trillion. But I’ll explain it at the end of this post. Now, imagine that you are Nokia […]

What is the Best Cryptocurrency to Invest Right Now?

Well, you should not go too far – it’s here. It’s Bitcoin. Right now, Bitcoin updates its record high and seems to live its ultimate boom. And if you think that it’s just words, what […]