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Author Topic: [2016-06-08] Cryptocurrency on the Rise  (Read 431 times)
CrimBit (OP)
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June 09, 2016, 02:19:20 AM
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A recent study by Technavio shows that cryptocurrency, such as Bitcoin, will continue to grow over the next four years.

Cryptocurrency, which grew by 622.7% in 2014, makes payments using an encrypted code that can be transferred digitally. Early adopters praise the ease and security of these transactions, as they do not require repetitive authentication like cash and traditional card payments. Also, payments are instant and do not incur service charges.

The leading cryptocurrencies are Bitcoin, Litecoin, Ripple, Peercoin, Namecoin, and Novocain. Bitcoin is considered the top digital currency.

“Investors believe that Bitcoin is a safe option to invest in as it has gained a large market share with a higher acceptance rate than any other cryptocurrency. The market for Bitcoin is expected to witness significant growth over the next four years as a huge trust factor is associated with these coins,” says Ujjwal Doshi, a lead analyst at Technavio.
http://www.lowcards.com/cryptocurrency-on-the-rise-42702
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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BellaBitBit
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June 09, 2016, 03:35:32 PM
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A recent study by Technavio shows that cryptocurrency, such as Bitcoin, will continue to grow over the next four years.

Cryptocurrency, which grew by 622.7% in 2014, makes payments using an encrypted code that can be transferred digitally. Early adopters praise the ease and security of these transactions, as they do not require repetitive authentication like cash and traditional card payments. Also, payments are instant and do not incur service charges.

The leading cryptocurrencies are Bitcoin, Litecoin, Ripple, Peercoin, Namecoin, and Novocain. Bitcoin is considered the top digital currency.

“Investors believe that Bitcoin is a safe option to invest in as it has gained a large market share with a higher acceptance rate than any other cryptocurrency. The market for Bitcoin is expected to witness significant growth over the next four years as a huge trust factor is associated with these coins,” says Ujjwal Doshi, a lead analyst at Technavio.
http://www.lowcards.com/cryptocurrency-on-the-rise-42702

Thank goodness that Technavio figured this out for us.  Yes it is indeed rising but I am not sure about their "leading cryptocurrencies" list...ripple, peercoin.  This article seems like it was written in 2014.

I love Bitcoin
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June 09, 2016, 07:27:25 PM
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A recent study by Technavio shows that cryptocurrency, such as Bitcoin, will continue to grow over the next four years.

Cryptocurrency, which grew by 622.7% in 2014, makes payments using an encrypted code that can be transferred digitally. Early adopters praise the ease and security of these transactions, as they do not require repetitive authentication like cash and traditional card payments. Also, payments are instant and do not incur service charges.

The leading cryptocurrencies are Bitcoin, Litecoin, Ripple, Peercoin, Namecoin, and Novocain. Bitcoin is considered the top digital currency.

“Investors believe that Bitcoin is a safe option to invest in as it has gained a large market share with a higher acceptance rate than any other cryptocurrency. The market for Bitcoin is expected to witness significant growth over the next four years as a huge trust factor is associated with these coins,” says Ujjwal Doshi, a lead analyst at Technavio.
http://www.lowcards.com/cryptocurrency-on-the-rise-42702

Thank goodness that Technavio figured this out for us.  Yes it is indeed rising but I am not sure about their "leading cryptocurrencies" list...ripple, peercoin.  This article seems like it was written in 2014.

Yeah,Bitcoin is the real deal
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June 10, 2016, 08:50:08 AM
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Slowly but surely Cryptocurrency will be accepted by a lot of people and will be recognized by the government.
We can slowly see some merchants adding Bitcoins as a payment option which is a good sign.
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