Latest posts of: Melo20

The two cryptocurrencies not only share the same name but also share an interesting story that is one of the most pivotal events in all cryptocurrency history. The battle between Ethereum and Ethereum Classic is one of ethics and ideologies.

Before there were the two different Ethereums we see now, there was only one Ethereum. Since then, $50 million was stolen by an unknown hacker or hackers, and this resulted in two distinct camps of people in the cryptocurrency world being formed.

Cardano is objectively better than Bitcoin. And because I used the word ‘objectively’, it means I’m right.

At a basic level, Cardano is Just Another Blockchain. It’s proof-of-stake, not proof-of-work, but I don’t think the trading-card stats tell much of a story.

I think their strength is in their approach.

Even though Bitcoin has been experiencing frequent fluctuations, i believe that Bitcoin will soar up as per the predictions av read so far. There are several reasons which led to Bitcoin’s price fall like Bitcoins being used for illicit purposes and so many past mishaps like hacking and thefts. Pros outperformed the cons, hence Bitcoin is still the market leader, bagging the number one position and maintaining its position. Bitcoin might reach the $23,500 mark supposedly by the end of 2019 as the year holds good prospect and development for BTC like NASDAQ launching BTC future, that too in the very beginning of 2019.

Most altcoins (every cryptocurrency except Bitcoin) are pegged more closely to Bitcoin than Asian currencies were to the USD during the Asian Financial Crisis. If Bitcoin price pump drastically, altcoins price can go down as people try to exit altcoins to ride the BTC profits; inversely, if Bitcoin prices dump drastically, altcoin prices can go down, too, as people exit altcoins to exchange back into fiat. The best times for altcoin growth appear when Bitcoin shows organic growth or decline, or remains stagnant in price.

The Initial Exchange Offering is still a quite new phenomenon but there is no doubt that this will continue to grow with time. An IEO is completely different from ICO as the exchange is a tangible execution model, rather than an idea in a technical document. Hence, the chances of it performing in the long term are greater. With time, the IEO may change the face of crypto banking for the better for it might help to make crypto-currencies and exchanges more appealing to the wider market.

That's because they got a good plan to make the project a success. Veriblock allows networks of other cryptocurrencies to use the Bitcoin blockchain to counter the “51% attacks”. VeriBlock is built on the Proof-Of-Proof consensus algorithm: users can upload snapshots of other blockchains to Bitcoin via the OP_RETURN function. This is a very good one and unique too.

Litecoin, one of the oldest altcoins, was created in 2011 by an ex-Google employee, Charlie Lee. Like Bitcoin, Litecoin is also just a digital currency but with improvements. In fact, the reason for launching Litecoin was to overcome some of the shortcomings of Bitcoin, especially its slow transaction speed. Historical Investment Trends In the unpredictable cryptocurrency market where coins go in and out of the market very quickly, Litecoin has been in the market for over 7 years. It has grown to become one of the best altcoins with a market capitalization of $8.2 billion

Whenever someone talks about smart contracts, Ethereum is inevitably brought up. Ethereum is immensely popular because of their implementation of smart contracts. However EOS is approaching this differently with asynchronous smart contracts (ASCs). ASCs are something else entirely. Blockchain technology relies on sequential transaction processing, which causes delays and can render the technology inefficient.

The throughput of a blockchain using sequential processing of transactions is limited to the computational capacity of a single CPU core. Using CPUs with more powerful cores can address some concerns, but it is not a long-term solution. Instead, we need to pursue concepts which allow for horizontal scaling, rather than vertical scaling. This is much easier said than done, but ASCs present an interesting opportunity to achieve it.

When evaluating any investment, it’s smart to evaluate the chance of failing (risk) versus the potential upside (reward).

The Stellar Network is currently one of blockchain’s largest projects. At the time of writing, XLM is ranked 6th according to Coinmarketcap.com, with a total market cap of over $4 billion. The question then becomes: how much room does XLM have to grow?

The Stellar team is targeting a massive addressable market, the technology has proven use cases, institutions are starting to use XLM as a base pair, ICOs are starting to choose Stellar, Coinbase will likely add XLM, and stablecoins are being launched on Stellar. Not many projects can boast such a promising future.

Also, I personally believe the crypto space as a whole is just getting started.

Since this is such a young field and the talent available is pretty limited, the salaries offered throughout both technical and non-technical fields are 10-20% higher than the salaries offered in a normal job.

Plus, it is also worth noting that the profit sharing models in crypto jobs are way better and the incentives a lot higher.

Cryptocurrencies like Ripple are not exempt from pump and dump transactions.

Last year 535 million dollars in XRP were sold by Ripple to several buyers including institutions and exchanges, however, this series of sales of XRP is suspicious and could be an attempt to pump the price of XRP and then dump.

All this is possible because Ripple owns 60% of the total XRPs in circulation and this is a valid reason to indicate that the whole project is centralised and, since the team has the power to manipulate the entire market, they can influence the trend of the crypto markets.

Traditional market cycles are an emotional roller coaster, and the volatility of the cryptocurrency market only exacerbates that idea. However, if you understand you’re on a roller coaster, it’s easier to detach yourself from the ups and downs, and maybe even enjoy the ride.

It’s not a perfect analogy, but there are legitimate reasons to be optimistic about the technology behind cryptocurrencies in addition to their declining prices.

In fact, the combination of falling prices and strengthened fundamentals has been a dream come true for those looking to increase their crypto holdings.

There are also very bad reasons to invest in cryptocurrencies. Many people fall victim to the hype surrounding every cryptocurrency-bubble. There is always somebody captured by FOMO (fear of missing out), buying massively in at the peak of a bubble, just in hope to make quick money, while not understanding cryptocurrencies at all. That’s a bad reason. Don’t do this. Learn before you invest.

Litecoin (LTC) underwent something of a rally during the past month, gaining 20 percent in value over the last 48 hours alone. The two biggest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have also seen significant (but smaller) gains in the past two days. However, since Tuesday, the price has been rocketing once more — gaining $10 to reach $57. Again, this accompanied a boost in 24-hour volume, which almost doubled in the same period.

When it comes to crypto, there is every means not to give up. Just like the poster said.. Also in my case, I started with faucet, then to airdrop and then bounty and investing in crypto, so there is every reason not to give up, cos no matter the bear market, crypto in every means still pays, so don't give up.

You can diversify your assets either between different asset classes or within the same asset class. For example, diversification of your investment portfolio between fiat money and cryptocurrency is diversification between different asset classes, while diversification of your cryptocurrency portfolio between, let’s say, Bitcoin and Ethereum is diversification within the same class.

To me, no coin is shut as many coins we see as shut end up doing well.. Though it depends on the developers, how they intend to manage the project. Crypto is funny... Never can tell which coin is worth it.. Most people believe in old and well known coins while others take there time to research on new coins... Do your own thorough research before investing and remember crypto is risk, just like life itself.

Airdrops with kyc is total busllshit, gone are days when airdrop makes sense with good reward, but these days, you do an airdrop and get a reward less than a $$ and yet will be asked to do kyc.. Sincerely I stopped doing airdrop let alone it's kyc.. And am yet to consider same with bounty... And just focus on trading and investing.. These are worth my kyc, definitely not airdrops.

There is a widely spread narrative in crypto community that social media, especially Twitter, is swarmed by XRP shilling bots. Essentially, whenever someone mentions XRP or Ripple in their tweet, at least 3-5 users emerge from the Twitter depths to either support (if the tweet is XRP positive) or attack the tweet (if it is critical of XRP).