Therefore, smart speculators could make more money by ignoring Ethereum and buying ERC20 tokens. Hence, the tokens they build from Ethereum’s blockchain could be more valuable than Ethereum itself.Read more
A fast-moving emerging markets crisis can greatly increase demand for cryptocurrencies. Altcoin prices could shoot up as residents of crisis nations seek safe havens for their money.
Cryptocurrency is the easiest and fastest way for Argentines, Turks, Venezuelans, and others to move their money out of country. All a person needs to convert funds to altcoins is a credit card and an internet connection. Anybody can download a digital wallet, and buy cryptocurrency in a few seconds.Read more
The ultimate goal of the network is to facilitate decentralized content distribution that big corporations, governments and censors cannot interfere with. A good way to think of Phantasma is as Telegram on steroids.
A big advantage to NEO is that its creators have designed a suite of desktop applications. A major flaw with several blockchain systems that I have seen is that they lack desktop applications. That limits the useful of such systems to those of us who use old-fashioned desktops in our jobs.
Sports betting can be big business in the United States; The New York Times estimated the value of illegal sport wagers in the USA at $150 billion a year. The potential market for such betting is huge; there were 57.4 million fantasy-sports players in North America in 2016, according to an Ipsos Public Affairs poll commissioned by the Fantasy Sports Trade Association.Read more
Many invest in Ethereum due to its tech and adaptability. The role of Ether as the major rival to Bitcoin in the digital currency space has also been enhanced. Thus, any media hype around Ether is common and understandable.
Fear that Ether won’t survive the recent crisis lowered the price to minimum on April 6. The following ten days the crypto started to go up in its value again, but still the market price was set around at $695.72 on 24 April 2018.Read more
Either way, there is a strong possibility that Soros Fund Management or its surrogates will start buying up large amounts of cryptocurrency if the prices for strong altcoins such as Bitcoin, Ethereum (ETH), and Litecoin (LTC) stay low.
“As long as you have dictatorships on the rise you will have a different ending; because the rulers in those countries will turn to Bitcoin (BTC) to build a nest egg abroad,” Soros said at the World Economic Forum in Davos Switzerland on 25 January 2018.
Soros thinks cryptocurrency will attract big money and he wants a piece of it. Soros is very familiar with dictatorships and currency; he grew up in Hungary during World War II and experienced Nazi and Communist thuggery; and one of history’s worst cases of hyperinflation, first hand.
The Telegram (TON) token will have its own wallet and a ticker symbol GRAM. One Gram is supposed to be worth 10¢ in U.S. Dollars. Around 850 million GRAMs have been sold in a presale to 81 selected investors.Read more
A visit to 777.Bingo’s website reveals no plans for a token sale. Instead the company, refreshingly, focuses on the product it wants to sell games. Even the name of the company’s token is hard to find through its site.
777.Bingo’s business plan is to sell games through the blockchain; rather than tokens, the company’s Chief Strategy Officer (CSO) Matt Lee revealed. Lee views the blockchain as merely a distribution channel rather than a product.Read more
The Universa team claims that their system will be one thousand times faster and one hundred times cheaper than Bitcoin (BTC). They also boast that their system will be far more scalable and capable of offering 20,000 transactions a second.
That compares favorably to Visa’s (NYSE: V) global payment system which is supposedly capable of handling 24,000 transactions a second. Visa claims to be able to process 24,000 transactions a second and to handle 140 million transactions a day. That might translate into a lot of cash of if Universa is capable of living up to that hype.Read more
Banco Santander SA (NYSE: SAN) has been making headlines by offering a payment app, currency converter, and digital wallet for Ripple (XRP) lately. That got me to wondering if Santander is a value investment and a smart way to cash in on the cryptocurrency bubble.
This makes Santander an interesting opportunity because it is a major bank with physical assets that is willing to work with cryptocurrency.
Santander’s involvement with Ripple goes beyond the app it is also using that cryptocurrency for cross-border payments in the United Kingdom. Santander’s use of Ripple includes cross-border payments between the United States and the UK in conjunction with American Express (NYSE: AXP).
Beyond Ripple, Santander is participating in the Ethereum Enterprise Alliance with many other companies. The alliance is an effort to build commercial decentralized applications (Dapps) for the Ethereum ecosystem. Such Dapps would presumably work with the Ethereum (ETH) cryptocurrency and ERC20 utility tokens.Read more