Category: Uncategorized

During late 2017’s cryptocurrency market bull run, a lot of people had conflicting opinions on where the price would head next. Although the optimism seemed warranted at that time, things have certainly turned out for the worse in this regard. The following predictions – ranked from bullish to outlandish – have not entirely come true, although the year isn’t over yet.

#4 Mike Novogratz’s $40k Score

It is not uncommon for Bitcoin price speculators to let the excitement get to them when everything is going their way. In the case of Mike Novogratz, a well-known analysts and hedge fund investor, he expected Bitcoin to hit $40,000 in 2018. Considering how the value per BTC got halfway there at one point, it is still possible this prediction will come true in the long run.

For the time being, however, most people will be happy if the Bitcoin price can hit $10,000 by December 2018. This year has not been overly positive for cryptocurrencies, as all markets quickly lost a significant amount of value in the process. It seems Novogratz’s prediction will not come true in the end, although there may be some life left in the tank before 2018 comes to a close.

#3 Missing the $60,000 Mark

Even though Bitcoin is by far one of the most resilient financial assets in the world today, it is evident the cryptocurrency will not hit $60,000 this year. That initial prediction was made by Marvin Dumont, a Bitcoin enthusiast pur sang. That prediction was mainly met by Medicalchain’s Mohammed Tayeb, albeit he envisioned a more conservative target of $50,0000. Neither of these predictions was even close to coming true in the end, unfortunately.

#2 Six-Digits Aren’t Happening

When the Bitcoin price was shooting up like a rocket in late 2017, the sky seemed to be the limit. Outlandish Bitcoin price predictions became a lot more apparent, with some experts predicting a value of $100,000 by December of 2018. While one could certainly get behind such a price point in the future, it will not be reached in 2018 at this rate. For Kerim Derhalli, it means he will have to wait a bit longer prior to seeing such a price target.

#1 BTC to $300,000!

On paper, there is a very real chance Bitcoin will hit a value of $250,000 or more in the years to come. It will not happen in 2018, nor will it happen in 2019 or 2020. Anything beyond that, however, is pretty much up for grabs at this point. Even though Ronnie Moas hopes for such a steep price target in the near future, it will not materialize anytime soon.

One thing worth noting is how Moas never said this target would be reached as early as 2018. It was considered to be a possibility, especially because of how things have evolved during 2017. As is always the case, there was a correction bound to happen in 2018, yet this one turned out to be a lot steeper than originally assumed.

The post Top 4 2017’s Bitcoin Price Predictions Completely Missing Their 2018 Mark appeared first on NullTX.

Summer is almost over, so it’s time to think of the most crypto-friendly destinations for your next vacation

Amid regulatory uncertainty, the ICO industry has all but cut off retail investors. But will a new model open it up again? Civil is testing it.

As crypto prices’ downward streak rages on, comparisons to dot-com bubble ramp up

Various cryptocurrency blockchain projects are competing with one another in terms of popularity. A lot of these projects offer the same functionality, as they can be used to create and issue new tokens accordingly. EOS will receive its fair share of airdrops in the months to come, with the following projects worth keeping an eye on.

#6 Emanate

At this point, it is expected the Emanate airdrop for EOS holders will take place in October of 2018. No exact date has been communicated at this point, albeit things will become a lot more apparent in the future. Emanate is a decentralized music industry platform, and the native tokens will become a stake-able asset for network access and income earning. Users will need a minimum balance of 50 EOS to be eligible for this airdrop.

#5 CADEOS

CADEOS is scheduled to airdrop tokens to holders on December 12th of 2018. This decentralized CAD files and projects management platform will provide real-time design tools, data sharing, video calls, chats, etc. There is no minimum EOS balance requirement for this airdrop and users will receive tokens in a 1:5 ratio.

#4 GiveyNation

No specific airdrop rate is known for this token, although it will happen at some point during Q4 of 2018. This project aims to solve issues with transparency and trust in the charity sector. Donors should be made aware of where their money goes exactly. No requirements are in place for the airdrop itself, and tokens will be issued at a 1:1 rate per current EOS account balances.

#3 AngelWings

The AngelWings airdrop is also shrouded in mystery when it comes to the exact time and date of issuing the tokens. At one point during Q4 of 2018, this token will be issued to EOS holders accordingly. No specific requirements are in place, although the rate at which tokens will be distributed remains unclear. AngelWings is a decentralized autonomous community to make donations on a global scale.

#2 MORE

Not much is known about this airdrop’s date either at this point, although it will eventually take place. Pre-registration for the MORE airdrop has been going on for some time now. Users will receive 1,000 MORE per EOS wallet address after they register an email address and complete the pre-registration process.

#1 EOSBet

No date has been announced for the EOSBet airdrop at this time, although it is expected to occur at some point in the next few months. This online gambling platform offers free bets and prides itself upon using low fees. The tokens will be issued at a 1:10 ratio when the airdrop is officially taking place.

The post Top 6 EOS Airdrops Taking Place in the Coming Months appeared first on NullTX.

The creator of Brave Browser, Firefox, and the JavaScript programming language Brendan Each recently invited crypto research firm the London Letter to Brave Software’s downtown San Francisco headquarters for an interview. In the candid interview, Eich discusses a number of topics, including the Brave Browser, its native cryptocurrency token Basic Attention Token (BAT), how smart investors “HODL” during bear markets, and what might happen if the Ethereum blockchain BAT is built on fails in the future.

Brendan Eich on Brave and the Current Internet Economy

You may not know his name, but nearly every time you browse the internet, chances are you’re running into technology the founder of Brave Browser and its native cryptocurrency token BAT created.

Programmer and serial tech entrepreneur Brendan Eich created the programming language JavaScript, which along with HTML and CSS make up the core technologies powering today’s internet. Eich is also the co-founder of the Mozilla Foundation, the company behind the free, open-source web browser Firefox.

Eich stepped down from Mozilla and is now focusing his efforts on developing the Brave Browser as CEO of Brave Software.

According to Eich, the current internet’s current monetization system is “mature, but troubled,” suggesting that the human attention economy through the Basic Attention Token will eventually replace the need for fund-raising through sites like Patreon or through traditional programmatic digital advertising exchanges.

“The Basic Attention Token is an ERC20 token on Ethereum designed to be a unit of account of human attention in a reformed and private system of internet advertising and anonymous contributions. This system could replace the current web digital ad system which has a number of problems,” Eich explained.

Eich says the current $200 billion global advertising industry is “inefficient” due to the scale of the web. Because publishers and other websites rely on ad exchanges, “excessive fees” are involved due to so many middlemen having a hand in the process. Worse, Eich says, are the prominence of malware distributors who “buy cheap ad spaces and put cuddly disguised exploit-kit loaders and fake ads.”

“You also get the counterpart abuse which is ad-fraud where fake publishers, fake humans played by bots, take ad-revenue,” Eich added.

The Brave Browser blocks advertisements and website tracking cookies by default, and lets users opt to pay their favorite content creators and publishers with the Basic Attention Token. Brave Software is also developing a solution that allows users to opt into advertisements sold by Brave.

Given Eich’s track record of creating disruptive new internet technologies, Brave Browser and BAT have the potential to forever change the internet economy and create a better, safer user experience for all internet users.

Switching BAT’s Blockchain If Ethereum Fails

The JavaScript creator was asked what would happen if Ethereum, the blockchain the ERC20-based Basic Attention Token is built on, were to fail. While Eich doesn’t see that happening, he says “it could be done.”

“That would be a big mess if we did it. I mean, it could be done, it would be like a wartime rescue operation. And I don’t see Ethereum under that kind of wartime threat right now,” Eich explained.

Ethereum’s price has suffered in recent days, and just last week reached a one-year low of under $170, giving investors an uncertain outlook for the future of the number two ranked cryptocurrency by market cap.

Brave Browser Founder: Smart Investors “HODL”

When pressed by the London Letter on his thoughts around the current bear market cryptocurrencies like Bitcoin and BAT are currently experiencing, Eich suggested he and his team do like other “smart investors,” saying “we HODL.”

“I think that’s what people should do with crypto if they have conviction… So we’re pretty much ignoring the market conditions,” Eich said.

Regardless of the bear market, Eich and his team plan to press forward and “try to fulfill the vision of the utility token that we articulated.”

The post Firefox, Brave Browser Creator: We HODL Crypto, Not Affected by Bear Market appeared first on NewsBTC.

FOMO Moments

Markets are pretty flat this Saturday; Tezos, Monero, and Nano are having a good start to the weekend.

Crypto markets have remained steady as we enter the weekend. No more gains have been made but they haven’t dumped again either. Total market capitalization has remained above $200 billion for the time being.

Bitcoin has not moved in 24 hours and is still trading at $6,530. It could go back up to $6,600 and either bounce off the resistance level or make a break out. Technical indicators are siding with bearish momentum at the moment. Ethereum has maintained its gains and has added another 4% today to take it to just above $215.

Altcoins are mostly in the green this morning according to Coinmarketcap. The top ten sees Monero out in front with an 9% gain to $122, while Litecoin is up 7% to $58 and Bitcoin Cash has lost out slightly. Further down the list things are pretty flat, Binance Coin is up 5% and Zcash 6%. Nano is doing well today also with a gain of 14% to $2.67.

Today’s FOMO champion is Tezos which is pumping 25% on the day to trade at $1.62. On the week XTZ has climbed 38% from $1.23 and volume has surged from $2 million to nearly $7 million on the day. Tezos mainnet launch is imminent and Monday will see it go live;

Have a great weekend, everyone, because mainnet arrives Monday!

— Tezos Foundation (@TezosFoundation) September 14, 2018

This is driving weekend momentum and Gate.io is getting most of the trade with over 70%. Tezos has made almost 40% on the month when most other altcoins have crumbled. After Tezos and Nano, Maker, Aurora and MOAC are the only other altcoins in double figures at the moment with the three tokens up 10 – 12 percent on the day.

Total crypto market capitalization has crept up about one percent on the day and is currently at $202 billion. Trade volume however as cooled off dropping from $14 to $11 billion. Bitcoin dominance is also falling back a little and is now down to 55.6%.

More on Tezos can be found here: https://www.tezos.com/

FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing one, looking for trends and possible fundamentals.

The post Cryptocurrency Market Update: Tezos Jumps 25% as Mainnet Launch Looms appeared first on NewsBTC.

Despite an overwhelming sense of bearishness in both the sentiment surrounding bitcoin and the price itself, there are many developments set to occur in the next 18 months that could kick off another bull run. Improvements to the bitcoin infrastructure seem to be happening at a pace never before seen in the space. However, the price has not responded to the fundamentals… Yet.

Last Time the Bulls Ran, This Time We’re Looking at a Stampede

There is no doubt about it, 2018 has been something of a reality check for many bitcoin enthusiasts. The exuberance of last year’s epic bull market seems to have largely given way to pessimism, and market sentiment surrounding the space is less optimistic than it ever has been in the memory of many participants.

However, as one Twitter user points out, bitcoin achieved its $20,000 all-time high without many of the developments that have occurred, been announced, or are expected to come in the next twelve months or so:

#bitcoin hit $20K last year..

– without Goldman Sachs
– without Morgan Stanley
– without Citigroup
– without ETFs
– without the #lightningnetwork

Relax… the next rally will be bigger than you can ever anticipate.

— Conan O'Bitcoin (@ConanOBitcoin) September 14, 2018

There is certainly a lot to be optimistic about in bitcoin right now. The number one cryptocurrency has grabbed the attention of some of the traditional financial industry’s largest institutions and where once was scepticism, intrigue can now be found.

In the remainder of 2018 and going forward into 2019, there are many events upcoming that could well spark a bull run that will likely dwarf those all before it.

Firstly, there is the Bakkt platform with backing from the ICE, along with Microsoft and Starbucks. The new product is expected to make getting exposure to BTC easier than ever before for both retail and institutional investors. It is set to launch this November.

Likewise, Goldman Sachs are still exploring how to bring both a trading desk and a custody solution to market. These two developments from such an established name will surely inspire confidence amongst other financial institutions that bitcoin is not going to disappear any time soon.

In addition, there seems to be considerable interest coming from the clients of financial heavyweights Morgan Stanley and Citigroup. Both are in the process of launching futures and derivative products surrounding BTC. These developments are thought by many to be capable of bringing stability to the highly volatile asset class. This will in turn make investing in bitcoin more appealing to those with the financial clout to drive prices sky high.

Even the various Crypto ETF’s proposed to the SEC have been given renewed hope through the appointment of Elad Roisman to the position of commissioner. Roisman is known to be supportive of cryptocurrencies and his nomination by President Trump and subsequent inclusion in the regulatory body can only be positive for the digital asset space going forward.

Away from mainstream financial interest in bitcoin, there are also exciting developments underway from a technical standpoint. The Lightning Network continues to make advances and more channels open by the day. The upgrade should allow bitcoin to handle a far greater number of transactions when the next bull run does kick off.

During the 2017 market surge, a lot of doubt was cast over the usability of the bitcoin protocol because fees rocketed at the same time as the price did. This was certainly responsible for many exploring alt-coin markets since they thought bitcoin would remain too expensive for practical use.

There’s a lot going on and any one of these events could provide the catalyst to send prices upwards in a meaningful way. Together, it seems more of a case of when rather than if bitcoin will surpass its current all-time high. Once the ball is in motion, the hype train gets running and, as always, more people get exposed to and learn about the disruptive potential of bitcoin. The future is certainly bright for bitcoin.

The post Bitcoin Hit $20k in 2017 Without Institutions, What’s Next in 2019? appeared first on NewsBTC.

A Russian lobby group that includes two of the ten richest businessmen in the country is proposing its own version of digital asset legislation