Vitalik is great computer geek. But on top Justin Sun is a clever business man as well. He is on target to build a great profitable business empire. In addition he has the support of Asia, which boosts the largest population and population growth on Earth.
January started to buy BTC, LTC, XRP every week using Revolut's vaults automatic savings. Others offering similar features are Bitpanda and Savedroid in Germany.
Interested in the mid to long term, cost averaging is the best investment strategy. I never worry about current price. The vault invests every week, same day. One day BTC, one day LTC, one day XRP. If...
The small moves but steady upward trend hints to large investors buying. Trying to buy large quantities in small bits to prevent moving the market too quickly before they got their target quantities.
They only ones selling seem to be the miners having to cover their electricity bills.
ZAR is a political play. Ever since it became clear that the ANC is going to replace Zuma well before the 2019 general election, the Rand has gained value. However I do not believe that this trend will continue in the long term. Rich people who have missed to move their money out of the country will now take advantage of the improved exchange rate.
Ether relies on its smartcontract / ERC20 capabilities to justify its place among the top 3 cryptos. It is less a currency than more a technology token. Technology however is poised to improve fast where the latest hottest tech tends to replace the former leaders fast and furious.
Anyone remember search giant Altavista? Does anyone still use Yahoo to search?...
However, once BTC / Bitcoin has fully embraced Segwit and Lightning Network, what do we need Litecoin for?
Litecoin has a chance if people buy and hold Bitcoin as digital gold and prefer to spend another currency they feel is less valuable in the longterm.
People complaining about the steep rise of Bitcoin should take a look at XMR's impressive upward trend. Monero is here to stay. It has the privacy features some people are looking for and the necessary brand name to make it a world wide evergreen.
Very likely to become the one crypto everyone owns next to Bitcoin, but nobody admits.
Interesting days ahead. BTC has formed a longterm positive support line ever since its inception plus a more agressive upward support since early 2017.
Within a few days we will see whether it follows the steeper support line that formed in 2017 or along the longterm support line that formed since its inception.
With the rising adaption of Segwit and...
XRP is THE crypto currency having a real world business case which is actively being implemented world wide -> becoming a true global crypto used for international payments.
Some people argue they don't like it because it is the banker's coin of choice. They miss the point that XRP accelerates the adoption of blockchain technology among banks allowing you and me...
BCH is in continued downward channel vs BTC and looks doomed both traded against BTC and USD. The pump and dump pattern continues.
On a side note it is interesting to notice that companies that pushed BCH have run into financial and or technical problems ... Coinbase, BitClubNetwork, Genesis-Mining to name a few.