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Latest News / TRON grew 12755% in one month
« on: January 06, 2018, 07:16:23 AM »
Many of us may not know about TRON by now, but it will soon gain speedy popularity as in just one month of duration it has grown 12755 percent. On December 5 it traded at $0.00215 while on January 5 it jumped to $0.276378. Its market capitalization too has increased six-fold. On January 5 it was $18.7 billion from $2.8 billion on January 1.

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General Discussion / Good features of Litecoin
« on: January 06, 2018, 07:11:46 AM »
Litecoin's market capitalization currently is $4.6 billion. In November 2013 it was $1 billion. The currency is appealing to many because of its affordability. Also, it takes less processing speed compared to the most popular bitcoin.

Let's discuss some more good features of litecoin here.

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General Ethereum Discussion / Drawbacks of Ethereum
« on: January 06, 2018, 07:07:00 AM »
Ethereum's transaction fees is below $1 and currently it is processing some more than 1.3 million transactions per day. However, if the blockchain is used in creating decentralized applications, it may cause congestion in future, when it becomes highly popular. Also, development of it is highly influenced by Ethereum Foundation.

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General Discussion / Drawbacks of bitcoin in 2018
« on: January 06, 2018, 07:02:52 AM »
- The 2018 started with below its all-time high for bitcoin even though a steady increase in value was seen last year.
- Bitcoin is usually criticized for high transaction fees, long transaction times compared to other virtual currencies.

Let's share here some drawbacks of bitcoins in 2018.

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General Discussion / Bitcoin vs ripple
« on: January 06, 2018, 06:58:10 AM »
- Bitcoin was founded in 2008 while ripple in 2012.
- Bitcoin is decentralized and open source while ripple is private company owned and internal ledger of it is more of closed affair.
- Bitcoin has more transaction times and fees compared to ripple.

Let's share more differences between the two currencies.

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Latest News / visa suspends payments through cryptocurrency on its cards
« on: January 06, 2018, 06:53:55 AM »
On January 5 Visa suspended payments and ATM withdrawals using virtual currency funds and the affected cards include Cryptopay, Bitwala and BitPay. It is learned funds will be returned to users  These cards also facilitates making payments using pounds or Euros.

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In the period of past two weeks the price of bitcoin has stagnated and meanwhile prices of other digital currencies have grown up like that of ripple, stellar and tron. Does this mean the dominance of bitcoin in the virtual currency spectrum is ending. Let's discuss.

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Founder of McAfee Inc. John McAfee, very recently said bitcoin may hit $500,000 in three years.

Founder of Spreadstreet.io, John Young, has predicted that bitcoin price may fall between $3,005 and $81,998 in about one year duration.

However, there are other experts who don't agree to these two. Do you?

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Investment Strategies / Bitcoins are scarce
« on: January 06, 2018, 06:29:26 AM »
The upper cap of bitcoins is just 21 million. This mean total number of the coins could be mined is 21 million. About 2 million of it has been mined so far. As it becomes harder to mine, the prices will rise high. So investing now is a better strategy rather than to wait and observe.

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Investment Strategies / Be well prepared for volatility
« on: January 06, 2018, 06:20:56 AM »
The bitcoin and other virtual currency markets are highly volatile and so you need to be well prepared for it. One of the important strategies is diversification. Apart from this you can also buy and hold, buy and forget, and resist the temptation as well.

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Investment Strategies / Keep virtual currencies in wallets
« on: January 06, 2018, 06:18:31 AM »
It may not be suggested by many to hold virtual currencies at exchanges. Do know that in recent past several exchanges of bitcoin were hacked. So it is better to shift the coins into online wallets immediately after buying. Couple of wallets to name here are Coinomi and Jaxx.

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Investment Strategies / Diversify your investment
« on: January 06, 2018, 06:15:25 AM »
Undoubtedly bitcoin has produced impressive gains, but this does not mean you may emerge as gainer after investing. This is the reason it is suggested to diversify your investment. Invest in few other coins too or else in stocks or bonds so that downfall price of one may be balanced by the gain of others.

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Investment Strategies / Invest with caution
« on: January 06, 2018, 06:12:47 AM »
In almost all types of investments there are risks and so you need to proceed with caution. As cryptocurrency investment is of high risk nature, it is suggested not to invest the money that you can't afford to lose. Begin with small investment, just a small part of your capital.

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Investment Strategies / Do the homework before investing
« on: January 06, 2018, 06:09:44 AM »
For the new buyers it is highly recommended to do your homework. The more you understand, the better it is as Bitcoin opportunity is rare and unique too. Read the original 2008 Satoshi white paper. It is just 8 pages and will take about 10 minutes of yours.

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Latest News / Ethereum Crosses $1,000 Mark
« on: January 05, 2018, 12:18:03 PM »
Ethereum has achieved a new milestone. The tokens have reached $1,000 and this is an all-time high.

Last month the price of one ether was between $700 and $800. It has jumped about 40 percent, but despite such performance the second biggest is Ripple after Bitcoin in the cryptocurrency market capitalization.

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