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Why Bitcoin Is Crashing Today

Bitcoin, one of the first and the most popular cryptocurrencies, currently has no direct competitor. This is because it is way ahead of all others in terms of value. However, over the last few years, this market has witnessed an increasing number of cryptocurrencies, and perhaps many more are in the offing.

With such an intense competition among players, technical and functional innovation in terms of increased security, and enhanced features of the cryptocurrency platforms coming out, it is essential that the old and the initial ones be upgraded; else, they may become obsolete. And that is the rule of nature.  

Is this perhaps what has happened with Bitcoin? Why is Bitcoin.

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Why Bitcoin Is Crashing Today

Ethereum Price Forecast: ETH Has Big Advantage Over “Ethereum Killers”

Ethereum News Update
Although Bitcoin is the father of all cryptos, Ethereum has descendants of its own.

A whole crop of decentralized application blockchains—such as Cardano (ADA), NEM (XEM), and NEO (NEO)—have surfaced as rivals to their forefather, earning them the title of potential “Ethereum killers.”

How does this affect the ETH price?

Well, there’s no doubt that Ethereum investors should be wary of these upstarts. After all, many of them experienced enormous price growth in the last few months.

Cardano skyrocketed 2,163% in under three.

The post Ethereum Price Forecast: ETH Has Big Advantage Over “Ethereum Killers” appeared first on Profit Confidential.

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Ethereum Price Forecast: ETH Has Big Advantage Over “Ethereum Killers”

Ripple Price Prediction – As Predicted, XRP Breaks Above $1 in 2017

Ripple News Update
Dear readers, I want to begin this Ripple news update with an apology.

Two of my articles mistakenly forecasted that XRP would reach $2.00 by the end of 2017. Those were typos.

Both articles should have said $1.00 for 2017, which is the forecast I’ve been making for months. I have, however,.

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Ripple Price Prediction – As Predicted, XRP Breaks Above $1 in 2017

Ethereum Price Forecast: ETH Prices Fall After Coinbase Adds BCH

Ethereum News Update
If you woke this morning to flashing red on your trading screens, don’t be alarmed. Yes, there was a fall in crypto prices, but the retracement was due in large part to Bitcoin Cash (BCH).

BCH was finally added to Coinbase, a leading U.S. exchange that serves as most people’s gateway into the wacky world of cryptocurrencies. This solitary act sent BCH prices soaring, thus sucking all the oxygen out of the market.

Ethereum was hardly the only loser.

Prices fell across the board, save for highfliers like IOTA and Dash. ETH lost 4.97% against the U.S. dollar, bringing the Ethereum to USD rate to $812.63.

On a brighter note, the.

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Ethereum Price Forecast: ETH Prices Fall After Coinbase Adds BCH

Ripple Price Forecast: Japan & Korea Commit to Pilot Ripple Program

Correction: An earlier version of this article stated a Ripple price prediction of $2.00 for 2017. This was the result of an unfortunate typo. Our view—which was laid out in August and reiterated almost daily—maintains that XRP could reach $1.00 in 2017 and $2.00 in 2018. We regret the mistake.
Ripple News Update
Everyone knows that South Korean traders propped up XRP in 2017. However, now that Ripple is opening.

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Ripple Price Forecast: Japan & Korea Commit to Pilot Ripple Program

Golem Has a Unique Concept and Its Price is Likely To Surge

The future value of present money holds tremendous importance when it comes to investing wisely. The same may apply to cryptocurrencies as well. Whether it is a stock, an investment tool, or a cryptocurrency, based on the way it is performing and growing, one should invest when the values are relatively low. This is because they are likely to surge in the near future! This is exactly what is estimated to happen to Golem Coin.

Golem is often referred to as “Airbnb for computers” perhaps because it enables you to rent your computing space or develop and sell software.

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Golem Has a Unique Concept and Its Price is Likely To Surge

Ripple Price Prediction – As Predicted, XRP Breaks Above $1 in 2017

Ripple News Update
Dear readers, I want to begin this Ripple news update with an apology.

Two of my articles mistakenly forecasted that XRP would reach $2.00 by the end of 2017. Those were typos.

Both articles should have said $1.00 for 2017, which is the forecast I’ve been making for months. I have, however,.

The post Ripple Price Prediction – As Predicted, XRP Breaks Above $1 in 2017 appeared first on Profit Confidential.

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Ripple Price Prediction – As Predicted, XRP Breaks Above $1 in 2017

Ethereum Price Forecast: ETH Has Big Advantage Over “Ethereum Killers”

Ethereum News Update
Although Bitcoin is the father of all cryptos, Ethereum has descendants of its own.

A whole crop of decentralized application blockchains—such as Cardano (ADA), NEM (XEM), and NEO (NEO)—have surfaced as rivals to their forefather, earning them the title of potential “Ethereum killers.”

How does this affect the ETH price?

Well, there’s no doubt that Ethereum investors should be wary of these upstarts. After all, many of them experienced enormous price growth in the last few months.

Cardano skyrocketed 2,163% in under three.

The post Ethereum Price Forecast: ETH Has Big Advantage Over “Ethereum Killers” appeared first on Profit Confidential.

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Ethereum Price Forecast: ETH Has Big Advantage Over “Ethereum Killers”

Dash Crossed $1500 Today: Experts Think It Has Abundant Potential

With cryptocurrencies gaining more and more popularity, a plethora of them have sprung up with no dearth of investors. Some of them have gained more than triple digit returns in a very short time frame.

A sudden spike in values of anything, be it stocks or cryptocurrencies, raises suspicions about its consistency and even authenticity. But some spikes are just natural, logical, and long lasting as well.

Dash, initially known as Darkcoin or Xcoin, is an open source cryptocurrency released in January 2014 and renamed in March 2015. It is known to offer.

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Dash Crossed $1500 Today: Experts Think It Has Abundant Potential

Will Bitcoin Crash in 2018? High Transaction Costs Raise Fears of BTC Collapse

 Another Bitcoin Crash Coming in 2018?
Running a crash filter on the Bitcoin (BTC) price history returns at least two major Bitcoin crashes. Both times, Bitcoin transaction costs had peaked.

Right now, we’ve approached another critical juncture. Transaction costs are at an all-time high, and fears of a possible Bitcoin crash in 2018 are escalating.

So here we are, analyzing what is literally a million-dollar question: Will Bitcoin crash again in 2018?

You see, in the demand-supply framework, prices are controlled by only these two forces. To keep prices from falling, either demand must rise or supply must fall. But since supply, by default,.

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Will Bitcoin Crash in 2018? High Transaction Costs Raise Fears of BTC Collapse

Litecoin Price Forecast: LTC Price Retraces as Bitcoin Cash Lands on Coinbase

Litecoin News Update
Coinbase has just added what is touted to be a Litecoin competitor to its trading platform and Litecoin prices are tanking. At least that’s the weak justification people are giving out on the streets. But trust me, there’s little to worry about here.

In case you missed it, Bitcoin Cash (BCH)—a Bitcoin baby born after Bitcoin’s hard-fork earlier this year—has just become available for buying and selling on America’s biggest digital currency exchange, Coinbase.

Litecoin, on the contrary, has been trading on Coinbase since May this year. But that’s not the only lead it has over Bitcoin Cash.

Litecoin may have been slow at.

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Litecoin Price Forecast: LTC Price Retraces as Bitcoin Cash Lands on Coinbase

Know Why the Founder of Litecoin Charlie Lee Sold and Donated All His Coins

Litecoin is a crytocurrency and an open source software project founded by Charlie Lee in October 2011. Although a fork of Bitcon Core, Litecoin is different from Bitcoin in various ways. It has a faster processing speed but is slightly more expensive.

Charlie Lee, a former Google employee, is a computer science engineer from MIT. He worked with Coinbase after Google before creating his own cryptocurrency.

Charlie Lee has always been in the news, but this time it is because he “sold and donated” all his litecoins. Although the exact amount is not disclosed, it is reportedly donated mainly to the LTC Foundation which will likely help in the growth of Litecoin.

People have.

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Know Why the Founder of Litecoin Charlie Lee Sold and Donated All His Coins

Zcash Coin Prices Break Out And These Are the Implications

Zcash Coin Prices Are on Their Way to $2,000
I have never been so enamored with a sector I have also had so much disdain toward at the same time. This may sound confusing, so let me explain.

This bipolar attitude is directed at the cryptocurrency sector. The logical side of my brain knows that these cryptocurrencies in their current form will not survive the test of time, so as a result, I am an obvious skeptic. At the same time, given that I am a technical analyst, I analyze the merits of an investment based on its price chart and I have to say the cryptocurrencies are impeccable in that respect. As a group, their price charts continue to suggest that there is a lot more.

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Zcash Coin Prices Break Out And These Are the Implications

Ethereum Price Forecast: ETH Gaining on Bitcoin, But Not Fast Enough

Ethereum News Update
Does anyone else hear Frank Sinatra? Because the song Fly Me To The Moon is stuck in my head. What made me think of that song?

All I did was check Ethereum prices this morning.

The music started to play as soon as I saw the currency was up 17% from yesterday. There must be a connection…oh, yes…it’s because ETH prices are shooting to the moon!

Forgive the weak attempt at humor, but I couldn’t resist given that Ethereum has advanced more than 10,000% since the start of 2017.

Put another way, if you invested $10,000 in ETH at the start of the year, you’d be a millionaire today.
Daily Ethereum Chart: .

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Ethereum Price Forecast: ETH Gaining on Bitcoin, But Not Fast Enough

Litecoin Price Prediction: Wall Street Trader Sees LTC Hitting $500

Litecoin News Update
The Litecoin price is once again on a tear and a Wall Street trader thinks it could double from here. The average LTC price made a new record high overnight as it strode off straight toward our price target. But we may have been a little too undaring in our Litecoin price prediction for 2018.

While we set it at $400.00, CNBC’s Fast Money trader Brian Kelly is setting it at $500.00—nearly double the price today.

A quick heads-up; Kelly is a money manager who heads BK Capital Management, LLC—an asset.

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Litecoin Price Prediction: Wall Street Trader Sees LTC Hitting $500

Ripple Price Prediction: As Bitcoin Costs Surge, XRP Remains Fast & Easy

Ripple News Update
As Bitcoin prices approach $19,000, investors are buying into its utopian promise of a single, digital, frictionless currency that’s usable everywhere on Earth.

It’s a wonderful dream, but the reality is quite different.

In actuality, Bitcoin transaction costs are spiraling out of control. One Twitter user alleged that he paid $16.00 in fees for a $25.00 transfer. This would suggest that 40% of the total transaction went toward fees.

What’s going on here?

Bitcoin was supposed to eliminate costs, or at least make them negligible. But its blockchain is persistently slow and expensive. This bodes ill for the value of BTC coins, but it also forms.

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Ripple Price Prediction: As Bitcoin Costs Surge, XRP Remains Fast & Easy

Zcash Coin Prices Break Out And These Are the Implications

Zcash Coin Prices Are on Their Way to $2,000
I have never been so enamored with a sector I have also had so much disdain toward at the same time. This may sound confusing, so let me explain.

This bipolar attitude is directed at the cryptocurrency sector. The logical side of my brain knows that these cryptocurrencies in their current form will not survive the test of time, so as a result, I am an obvious skeptic. At the same time, given that I am a technical analyst, I analyze the merits of an investment based on its price chart and I have to say the cryptocurrencies are impeccable in that respect. As a group, their price charts continue to suggest that there is a lot more.

The post Zcash Coin Prices Break Out And These Are the Implications appeared first on Profit Confidential.

Read more:

Zcash Coin Prices Break Out And These Are the Implications

Golem Has a Unique Concept and Its Price is Likely To Surge

The future value of present money holds tremendous importance when it comes to investing wisely. The same may apply to cryptocurrencies as well. Whether it is a stock, an investment tool, or a cryptocurrency, based on the way it is performing and growing, one should invest when the values are relatively low. This is because they are likely to surge in the near future! This is exactly what is estimated to happen to Golem Coin.

Golem is often referred to as “Airbnb for computers” perhaps because it enables you to rent your computing space or develop and sell software.

The post Golem Has a Unique Concept and Its Price is Likely To Surge appeared first on Profit Confidential.

See more here:

Golem Has a Unique Concept and Its Price is Likely To Surge

Litecoin Price Forecast: LTC Price Retraces as Bitcoin Cash Lands on Coinbase

Litecoin News Update
Coinbase has just added what is touted to be a Litecoin competitor to its trading platform and Litecoin prices are tanking. At least that’s the weak justification people are giving out on the streets. But trust me, there’s little to worry about here.

In case you missed it, Bitcoin Cash (BCH)—a Bitcoin baby born after Bitcoin’s hard-fork earlier this year—has just become available for buying and selling on America’s biggest digital currency exchange, Coinbase.

Litecoin, on the contrary, has been trading on Coinbase since May this year. But that’s not the only lead it has over Bitcoin Cash.

Litecoin may have been slow at.

The post Litecoin Price Forecast: LTC Price Retraces as Bitcoin Cash Lands on Coinbase appeared first on Profit Confidential.

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Litecoin Price Forecast: LTC Price Retraces as Bitcoin Cash Lands on Coinbase

Ripple Has a New Infrastructure Innovation Team Headed by Dilip Rao, Zoe Cruz on Board of Directors

Ripple is one of the top five cryptocurrencies today and is gaining in popularity every day. It is the digital currency that connects banks with other banks and payment providers. Ripple enables financial transactions globally through blockchains, with the focus on ease of use and speed. It is a real time gross settlement system (RTGS), with a currency exchange, released in 2012.

It is also known as Ripple Transaction Protocol (RTXP) that is built upon a distributed open source Internet protocol that enables transactions in the cryptocurrency ripples (XRP).

Ripple.

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Ripple Has a New Infrastructure Innovation Team Headed by Dilip Rao, Zoe Cruz on Board of Directors


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