crypto expert

From Bitcoin vs. fiat to a new way to use Litecoin, here’s a look at some of the stories breaking in the world of crypto.  Bitcoin  Crypto investor and Bitcoin bull Tim Draper says BTC will reach $4 million. In an interview posted by YouTube’s TheBitcoinOfCryptoStreet, the billionaire venture capitalist explains why he believes Bitcoin and crypto will rise above fiat currency.  “Here’s the way I look at it. There is about $100 trillion worth of fiat currency out there Fiat currency is poor currency. It’s tied to political whims. It’s tied to political parties. Bureaucrats control it.  It’s not really that good for you, and all of the new best, brightest engineers are working on cryptocurrencies.  And so my belief is that over some period of time, and I don’t want to go into it in too great of depth, but at some period of time the cryptocurrencies will eclipse the fiat currency. So we’re looking at about 1,000x on what we’ve got now.”  If the tot...

That means, that well known computer system Windows goes into oblivion and change all computer world and especially Quant project's life itself! - "How many times can you upgrade something? We are looking for revolutionary change, Quant is really an interesting solution"- unofficially was heard Bill Gates drinking his morning coffee in one of famed American cafes. Quant (QNT) banner says: "Connecting the world’s networks to blockchain with just 3 lines of code". Overledger is the world’s first blockchain operating system (OS) that not only connects blockchains to one another but also connects existing networks to blockchain and facilitates the creation of internet scale multi-chain applications otherwise known as MApps.  After Bill Gates-funded design challenge, which provides clean water and generates power, the King of the computer world is looking for more technologically- advanced but along with the simplest - solutions, which are becoming the ...

LARIMER TAKES ISSUE WITH DECENTRALIZATION The increasingly controversial Larimer, a founder of decentralized applications platform EOS and social media network Steemit among others, made the comments during a social media exchange March 27.  Both the Bitcoin and Ethereum networks, he said, were vulnerable, claiming he could “take down” their decnetralized mining structures with relatively few resources. The comments appeared to target proponents of decentralization, who argue EOS’ centralized equivalent is less secure and less transparent, something Larimer denies.  “How many people would you have to hold hostage to censor all transactions on your ‘decentralized’ chain? How long would it take to recover?” he wrote in a series of tweets. ‘ILLEGAL’ Larimer did not provide evidence of his calculations or the feasibility of launching such an attack, previous threats of which were broadly dismissed by the crypto community.  As Bitcoinist reported, figures that surfac...

The article talks about how Bitcoin and other cryptocurrencies (particularly Dash, which the article doesn’t mention) have helped Venezuelans deal with insane inflation and the problem of liquidity. The piece says: Many of us take for granted that we can use our money privately, without fear of reprisal or compromising our prospects. Evidence suggests that for many this may not long be the case.  Those intent on social control see the shift to digital money as an opportunity to tighten their grip on civic life and close off financial systems. Even actors without ill intent, once armed with such visibility into people’s financial lives, will likely struggle to wield such power with respect for democratic norms. Put simply, without cryptocurrency, a cashless society is a surveillance society it enables central control over all aspects of our financial lives. UNRESTRICTED BLOCKCHAINS MIGHT LET GOVERNMENT REGULATORS OFF THE LEASH As the author points out, even in advanced and su...

Donald Trump might frequently complain about the Federal Reserve and Jerome Powell, but until now no one cared. His latest move to recommend Stephen Moore for a seat on the Fed’s board is potentially explosive, with ripple effects that could hit the global monetary system hard.  Puppet central banks and inflation go hand in hand, so over the long-term, this could be extremely bullish for Bitcoin. TRUMP’S ASSAULT ON FED’S INDEPENDENCE COULD BE GREAT FOR BITCOIN The Federal Reserve has always been sacred. Presidents will appoint yes-men in every walk of life to ensure they get their agenda passed, but the Fed was still where you picked the best person for the job. By preparing to nominate the unqualified but loyal Moore, Trump is performing an almost sacrilegious act in the eyes of the establishment. Why are the stakes so high? The US dollar is the world’s currency as 62% of all central bank holdings are in USD.  The conventional economic system cannot survive a lack...

Litecoin (LTC) has been receiving some flak as of late, but there’s no denying the surge the cryptocurrency has undergone in recent months.  One analyst argues that the rally in that specific asset could be setting Bitcoin (BTC) up for an eventual recovery, citing eerie similarities in the two assets’ price action. Litecoin Rallies Into Halving In mid December, LTC was trading at a mere $23.  But since that December 14th, which many saw as the bottom for this budding market, the asset, often deemed a silver to Bitcoin’s gold, has decidedly surged. Litecoin now sits at a hefty $60  up 160% off its lows from a U.S. dollar standpoint, and up 110% BTC wise. Many have chalked this jaw dropping price action to Litecoin’s impending block reward reduction event, which will reduce the emission rate of LTC by half and improve the cryptocurrency’s supply-demand economics.  In fact, per previous reports from NewsBTC, popular trader Moon Overlord explained that the so ca...

Cryptocurrency market is a mixed picture during early Asian hours on Monday. Top 20 coins are moving within tight ranges, little changed from the end of the previous week with the notable exception of Binance Coin that has been growing strongly in recent 24 hours. The total capitalization of all digital assets in circulation stays at slightly over $140B, while an average daily trading volume is registered at $29B, in line with the longer term figures.  Bitcoin (BTC) keeps hiding under $4,000 handle. The first digital coin is changing hands at $3,973, unchanged since this time on Sunday and lethargic for the whole week. We are still waiting for a decisive breakthrough above $4,000 as this development is a pre requisite for a more extended recovery towards $4,200 and, potentially, $5,000.   Ethereum (ETH) is little changed staying at $136.54 at the time of writing.  The second largest cryptocurrecy managed to recover from Thursday’s collapse to $133.51 but still...

Mobile and internet technologies have made it easy for people across the world to successfully work on and get paid for projects, regardless of their time zone, currency, and location. For many, freelance work is an appealing alternative to the restrictive, office-bound, 9-to 5 model, and the macro trend toward flexible and geographically autonomous work is only accelerating.  “The future of work” is definitely upon us  but this increasingly flexible employment model makes the need for better systems all the more urgent.  Our current 1.0 systems haven’t innovated in years: they are characterized by high fees and stagnant features, and they perpetuate larger market misconceptions about the nature of freelance work.  It’s time we create an ecosystem that connects people who need high quality work with the global talent base that is waiting to fulfill.  The status quo: Existing platforms and their shortcomings There’s no shortage of freelance and project market...

There’s a buzz in the cryptosphere today. Bitcoin dominance hasn’t been this low since last August. Google trends show that interest in Bitcoin hasn’t been this low since last April.  Are we in the quiet before the storm or status quo? Dominance is hovering just above 50%. A result of “alt season,” money rapidly flowing into altcoins and a relatively stagnant Bitcoin price conspire to lower the actual position of Bitcoin.  But not by much.  Bitcoin’s market capitalization can still fit hundreds of other cryptos within it.  THIS ISN’T 2015 OR 2017 THE MARKET IS FAR MORE CROWDED Some in the space have noted that a lower dominance preceded a major bull run in the past.  Others have noted that the rise and fall of Bitcoin very nearly charts with the first major bull run, in which Bitcoin soared to $1,000 and then dumped below $100. One thing left out of that analysis is the petulant effect of Mt. Gox. It’s reasonable to blame the first major crash on the ...

Ripple has seen a small price decline of 2% over the past 24 hours of trading, decreasing the current trading price of XRP down to $0.315.  The recent price drop got Ripple price to fall underneath the 2-month ascending trend-line formation which we have been following in our recent Ripple analysis.  So far 2019 has been declared as an Altcoin Season.  However, Ripple is left outside the party as the major crypto had recorded a total of 12% losses over the past 90 days.  Despite the above, Ripple remains ranked in the third position of the leading cryptos by market cap, as it presently holds a $13 billion market cap value.  Looking at the XRP/USD 1 Day Chart: Since our last Ripple analysis, we can see that the market had continued to trade along the lower boundary of the ascending price channel.  However, the market had continued to struggle to break above the $0.3260 level and had failed to do so during the past three weeks. The recent price drop...

After just 5 days of being listed on HitBTC.com, Verasity’s VRA (ticker) zooms to number 1  Price % increase among the 400 other alt tokens listed on HitBTC. The 300% increase appears  to be due to demand for the VRA token used by publishers to promote rewarded video. Demand also appears due to VRA staking. The VRA token can be staked for 36% annual interest at https://verawallet.io HitBTC Trading contest for VRA The prize pool of the trading competition is now 30 million VRA tokens, which is a huge increase from the initial 3M prize pool. Sign up to the HitBTC trading competition page to enter the competition and start trading. Product Releases The Verasity Player is now integrated with JW Player, Brightcove and VideoJS. Vimeo and Kaltura are to be integrated in April.  This means the Verasity module works in most of the standard Online Video Players in the world. The Verasity Player provides publisher in-video loyalty schemes utilizing VRA as a reward. ...

Bitcoin’s drop from a record high of $20,000 clocked in December 2017 has ended up creating a falling channel similar to the one created in the 18 months leading up to the long term bullish reversal seen in October 2015.  If the same sequence of events unfolds, BTC could see a channel breakout later this year.  An early move out of the falling channel cannot be ruled out, but may not yield stronger rally while the crucial 21week moving average is trending south. The short term bullish view put forward by the long tailed doji candle created on Feb. 27 would gain credence if prices break above $4,040 in the next 24 hours, validating the bullish outside reversal candle on the three day chart.  That would open the doors to re-test of recent highs near $4,200.  A repeated failure to break above $4,040 could end up fueling a pullback to immediate support at $3,927 (March 17 low). Bitcoin’s (BTC) 14 month bear market has ended up creating a similar price pattern to o...

ETH price corrected lower and tested the $136-137 support area against the US Dollar.  The price is currently recovering and it may continue to rise above $141 and $144 in the near term. This was a break above a key contracting triangle with resistance near $139 on the hourly chart of ETH/USD (data feed via Kraken).  The pair needs to climb above the $144 resistance area to trade to a new monthly high.  Ethereum price is trading with a positive bias against the US Dollar and bitcoin. ETH could extend gains once it breaks the $141 and $144 resistance levels in the coming sessions.  Ethereum Price Analysis This past week, we saw a nice upside move above the $134 and $140 resistances in ETH price against the US Dollar. The ETH/USD pair traded close to the $144 level and later started a downside correction.  There was a break below the $140 and $138 levels.  It traded close $137 level and formed a low just above the $136 level.  The price also stay...