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Alternate cryptocurrencies / Altcoin Discussion / Is Litecoin Ready for a Major Breakout?
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on: December 23, 2020, 05:10:02 AM
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The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
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Alternate cryptocurrencies / Altcoin Discussion / Is it right time to Buy Alt coins now?
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on: December 16, 2020, 03:40:44 PM
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The BTC has made history today and broke its all time high record. It is currently trading around $ 20500 to 20600. BTC Dominance Index is around 65% which is very High. I personally think that it is the Right time to take entry in Good Alt coins ( Ranking from 2 to 20 on coinmarketcap). I believe that History of 2017 will be repeated soon. We will soon witness Huge rally in Alts. It should happen when BTC will stabilize around current levels and BTC dominance Index comes down to below 60%.
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Alternate cryptocurrencies / Altcoin Discussion / Is Polkadot going to Kill Ethereum?
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on: December 10, 2020, 04:54:48 PM
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Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but It is already Home of 197 projects those are working on its networks and many more willing to join it.
This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
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Alternate cryptocurrencies / Altcoin Discussion / Ripple (XRP) is again in the news. Will it break its ATH before the Year Ends
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on: November 24, 2020, 10:51:00 PM
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Ripple Rank # 3 crypto currency on coin market cap has risen more than 129% during the past 15 days which is very impressive performance by all standards. The primary reason of the surge in price its new Project named "Flare Network" . All XRP holders will receive an equal amount of Flare tokens after 12th December, 2020. What remains to be seen is that current Bullish season and news of Flare Network token can boost the price of XRP to new highs.
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Alternate cryptocurrencies / Altcoin Discussion / Is Ethereum going to Die?
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on: November 19, 2020, 03:28:29 AM
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I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
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Alternate cryptocurrencies / Speculation (Altcoins) / Will Monero (XMR) ever break its ATH price?
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on: November 17, 2020, 12:42:09 PM
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Monero is a Privacy coin, founded in 2014 and some people call it " Improved version of Bitcoin" its price didn't see much action till 2017 but in mid 2017 t0 2018 its price went up from $12 to @494 when it got popularity as privacy coin. The current price of Monero is around $120 which is the highest of 2020. Keeping in view the Technological developments it has gone through and Hype in crypto market, it is possible that Monero will break its ATH record.
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Bitcoin / Bitcoin Discussion / The Role of Bitcoin in Developing counties to accelerate Growth process
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on: November 12, 2020, 09:09:05 AM
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The Bitcoin and other crypto currencies are considered as an instrument to support the Growth in Developing economies. They can be very helpful to provide access to financial services to community at large. As they are considered a medium to support growth Process by providing better traceability of funds and help people to escape poverty.
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Other / Off-topic / Pfizer company has successfully developed covid-19 Vaccine
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on: November 09, 2020, 03:35:16 PM
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Pfizer and BioNTech are claiming that their recently developed vaccine was very effective to treat covid-19 patients. The results are beyond their expectations. The vaccine will be first tested in United States to generate data. This is great news for the whole world.
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Other / Politics & Society / How Joe Biden will deal with Iran
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on: November 09, 2020, 06:53:33 AM
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I think Joe Biden administration will not deal with Iran as Trump did. What is Most likely to happen that normal relations will be restored and it is also possible that Famous Nuclear deal scrapped by Trump will be reinstated.
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Alternate cryptocurrencies / Altcoin Discussion / Is Tezos going to be next Ethereum?
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on: November 09, 2020, 03:35:59 AM
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Tezos is an open source 4th generation decentralized network for assets and applications. It has huge community of Researchers, Developers, Validators and different support groups. It has the largest followers in the crypto space. All of them share the common goal to make it Top 20 crypto currency.
There are rumours in the market that Tezos network will be used for Digital Euro in the years to come. If that happens then its price will sky rocket without any doubt. Its current price around $2 which is very attractive for investment to yield huge profits in future.
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