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1  Economy / Economics / Bitcoin Price heads to $9,000 While Total Crypto Market Climbs to Nearly $400B on: April 23, 2018, 11:28:28 AM



Crypto market continues with its positive show with Bitcoin Cash being the show-stopper. Analysts remain bullish on the future. Crypto markets continue its positive momentum as the Bitcoin prices are now just short of $9,000 levels with the total cryptocurrency market cap approaching the $400 billion mark. Last week proved to very good for crypto enthusiasts as the bulls were seen taking charge of the markets. The crypto surge added $80 billion to the overall market valuations as per the global charts on CoinMarketCap, and this price-rally has been majorly contributed by Bitcoin, Ethereum and Ripple besides other altcoins.

At the press time, Bitcoin is trading at $8,927.27 while the overall crypto market valuations are at $399 billion, according to the data on CoinMarketCap.

As the U.S tax deadline passed away last week, analysts believe that the Bitcoin price rally to the $20000 mark is just to kick-in. Fundstart analyst and Bitcoin proponent, Tom Lee said: “We believe the ‘winter’ is ending for Bitcoin, as the crypto to fiat pressures from tax day subside, and as headline risks seem to be fading.”

Considering the CoinsharesCrypto ETF, which is a major indicator of BTC price movements, he said: “We believe large institutional investors globally use this ETF as a way to quickly gain exposure to Bitcoin. Hence when shares rise, big money is buying bitcoin.”

Bitcoin Cash is seen once again leading the pack today posting a nearly 20% gain while trading just short of $1400 levels. It looks like as the Bitcoin Cash hard fork is approaching closer, more and more traders are lining up to grab this Bitcoin derivative at the earliest. The new Bitcoin Cash hard fork scheduled next month in May is expected to bring new features to the network along with simplified smart contracts that is driving the craze further.

Moreover, there has been a renewed positive in the market towards Bitcoin as the SegWit usage continues to grow since the beginning of the year. As per the latest data, Segwit transactions now amount to 32% of the total transactions while occupying 27% of the total block space in the Bitcoin network. Most of the crypto exchanges and wallets have now adopted the change and the use of SegWit is now giving a further push to the most awaited Lightning Network development.

Last month, Lightning Labs released the first Bitcoin mainnet-ready Lightning Network after reaching 1000 active nodes. The Lightning Network is basically a second layer protocol developed atop the Bitcoin’s blockchain network, which takes transactions off the chain, thereby reducing congestion on the main network while expanding the blockchain’s operational abilities by manifold times. Later, it will add the record of all these transactions to the BTC’s blockchain network.

Former JPMorgan banker, Daniel Masters is quite bullish on the future of digital currencies saying that they are fuelling a financial revolution. Masters currently heads the digital investment bank Coinshares and is the chief investment officer at Global Advisors.

Masters remains bullish on the crypto growth story and says that the future looks to be promising with the crypto markets being much bigger than they are today.


WHATS YOUR OPINION ABOUT THIS?

Read more at: https://beat.10ztalk.com/2018/04/23/bitcoin-price-is-heading-to-9000-while-total-crypto-market-climbs-to-nearly-400-billion-coinspeaker/
2  Other / Off-topic / Best cheap smartphone on: March 09, 2018, 01:00:40 AM
Hi guys, anything you can suggest for a cheap , amazing, and best smartphone as of today ?

What brand dou you prefer?
Thank you Smiley
3  Other / Off-topic / How to earn money online? on: February 28, 2018, 02:23:25 AM
Anybody who wants to help me to gain some profits in order to supply my needs. Do you have some tips and tricks? Something that easy to earn without investing .

Pls share your source of income online also to help others. Thanks Smiley
4  Bitcoin / Bitcoin Discussion / How can something that doesnt exist in the material world have a value? Like BTC on: February 27, 2018, 08:08:27 AM
Theres something out of my mind triggered on asking why something that is not tangeable but valuable in the near end like Bitcoins, Ethereums and othet cryptocurrency? Is there anybody can explain about it.

Thank you so much 😄
5  Economy / Speculation / What is better Trade or Invest? on: February 22, 2018, 10:58:33 AM
Hi guys , Some of my friends are give me some ideas about Trading and Investing.

But i've some doubt which is better in that. What is the advantage and disadvantage? Because I want to focus on one at a time for generating source of income coz my funds are limited.

Can you give some of your useful ideas? I'm a begginer. I need some help. Thank you!
6  Bitcoin / Bitcoin Discussion / Bitcoin Mining , Is it worth it? on: February 21, 2018, 12:49:02 PM
Hello guys, I have a friend who told me about BITCOIN MINING.

What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.

Electricity here in PH is so expensive. Do you have some tips and tricks?

Thanks in advance guys !  Wink
7  Bitcoin / Bitcoin Discussion / Is it the end of the cryptomedes? on: February 20, 2018, 02:44:08 PM

The recent acquisition of the Chinese company BTCC, one of the three largest Bitcoin exchange operators in the country, by a blockchain investment fund in Hong Kong is the latest example that confirms the Chinese authorities' willingness to put an end to the business of cryptocurrencies. After the purchase, the company will focus exclusively on the international market and abandon its business of exchanging virtual currencies in mainland China, where the Government continues its efforts to put an end to this business. China has so far been the leading location for the cryptocurrency exchange business and hosts the world's largest community of Bitcoin "miners", computers that update and approve bitcoin transactions through blocks that are linked to a chain of data. According to estimates of January of the British consultant Capital Economics, until recently, 70% of the Bitcoin mining in the world was done in the Asian giant. "Most of the Bitcoin trading was done in renminbi (the Chinese currency, also called yuan) until the government began to prevent it, now the proportion of mining that takes place in China has fallen to 50% and currencies which are used are the dollar, the euro, the yen and the South Korean won, "the firm says.

What do you think??
8  Alternate cryptocurrencies / Service Discussion (Altcoins) / Newbie here ! Help me :) on: February 19, 2018, 12:25:06 AM
Any suggestion guys? What crypto wallet should i get first? Is it depends on what crypto that im going to get?

I want to get started . pls help. . Thank you !
9  Other / Beginners & Help / HOW TO EARN FOR BEGINNERS ? NEWBIE HERE on: February 18, 2018, 02:25:36 PM


Hi newbie here. I just want to getting started . May I ask for some assistance? HOW TO EARN FOR NEWBIES  Hoping for good 2018 for me .
Thats All Thank you!
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