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Last Chance to Get that Bitcoin – End of Year Sales

Bitcoin and other cryptocurrencies went on a full-pack sale the last days with the prices dropping dramatically. For Bitcoin token value against the US Dollar, the declining path only stopped after reaching the lows of $11.000 yesterday at 15:00 UTC from the record level of $20.000 which was formed on Dec 17 – according to coinmarketcap.

prices recovering 2018

During the downward movement, many investors and traders [mostly that have just joined the eco-system] might have been alarmed as there would be loss in case of a sell if they bought above the mentioned mark. However, they were wronged [as many times until now] by the crypto-market as investors that are longer around do know how speedy things change around the prices and a significant drop – is the best moment to buy before the incoming rise!

If you do want your wallet to be get more diversified, try to be on the lookout and conducting research towards altcoins – the following virtual currencies in the market capitalization list behind Bitcoin as some could be just before a price explosion.

investing asset

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IOTA Targeting Japanese Market: Joins TMG Event

IOTA Foundation it is! The firm has been chosen to be part in the Tokyo Metropolitan Government accelerator program that will hopefully create a steady platform for the project in the could-be lucrative Japanese market.

“Blockchain Business Camp Tokyo” – an initiative to be launched by the TMG that targets leveraging the most recent and advanced developments in blockchain tech that are related to financial and non-financial sectors while attempting to make the metropolis [13.6 million people] as a financial center in the global-scale.

IOTA is building an encrypted, decentralized version of the internet that will incorporate sensors and connected devices in the “Internet of Things” (IoT). Co-founder Dominik Schiener announced its inclusion in the accelerator on IOTA’s official blog, saying it would put IOTA in direct contact with Japanese companies and help establish a permanent office there.

According to the co-founder, members of the team will have meetings with local developers to help spread the word. The project will be taking place for 2 months from January 2018 being accompanied with various special events.

iota future

As a pack with IOTA in the program – seven more projects that are based outside of Japan are joining in: Factom Inc., Hong Kong exchange Gatecoin, Lykke and Tempo France. From within the state participants will be very well known names like: Nomura, SBI Holdings, Honda, Mitsubishi UFJ Financial Group, Seven & i Holdings and Toyota.

If it turns out that the crypto-day-traders in the Japanese market like IOTA and its native token during the event when its name recognition is increased, a change in volume and price could be noticeable that would be more than welcomed.

Despite the crash that is going on right now in the early part of the weekend, having leading coins with 30 percent in the red zone of decrease, IOTA is still on win series as in under a month it climbed from below $1.00 to $5.34. As per the moment it is trading at $3.63.

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Answering Criticism: Yearly Ripple Price Prediction

Being part of this generation and experiencing on-moment the rocketing price movement that bitcoin is going through reaching $16,000 on December 7, feels sometimes very dreamy. It is truly showing why it is the ‘Golden Coin’ and it is tempting to focus our eyes towards the #1, however would it be the right thing to do – forgetting the other virtual currencies.

Altcoins did showcase [and are as per the moment] tremendous developments like IOTA [MIOTA/USD] surging from $0.70 to $5.55 in under 10 days reaching fourth place on the market capitalization list.

The explosion of price is hard to be pointed down when will it happen or why keeping in mind there are many factors and thousand of moving parts in the same time, that is why investing does not work completely that way.

All the above talk leads us to Ripple – a digital currency lead by an enterprise [named Ripple] which token price is floating and stuck around $0.25. The ranging has brought many traders, holders and investors towards discouragement on waiting.

ripple analysis

Various analysts believe that the price of XRP could be easily manipulated by the management team which can dump Ripple-the-company’s substantial holdings in order to balance the XRP price. However, ripple had locked up the $55 billion tokens in the way and effort to forestall these kinds of criticisms.

Investors are generally more suspicious of Ripple than of open blockchains (like Bitcoin). To them, the currency’s expansive supply and coziness with banks render it guilty. Guilty of what, no one knows.

On the other hand, another criticism could be that the supply of the token is too high which truly is only significant in its relation to demand. So it is of no matter if there are over 38 billion tokens around if the institutional demands matches it. On top of that, clients are still not using it for the purpose it is made – settling international transfers but so are not people using Bitcoin to buy daily stuff [for what it was meant].

There is much possibility that the first one will happen earlier – Ripple being used and finding its place in the financial world.

Ripple has a chief executive and he is able to direct the firm’s resources and attention. If you are reading this and believe that is a negative side pulling XRP down – we might be on different sides. There are many that invest money on speculation in the cryptocurrency world – investing into something that they do not even understand. On the other hand. Ripple [XRP] has a crystal clear goal making it a great opportunity to pull out a niche in the market.

Ripple might eventually act as a lender of last resort, stepping in whenever XRP strays from the mean. But that time is not now. As mentioned above, the firm is tying up 55 bln XRP to assure investors of that which makes both the virtual currency and firm be in scaling mode. That rises the question – if $100 or $1,000 is not possible – what about above $1.00 like $2.00?

The market cap in that event will be risen only to $77 billion which is not that far as it looks like keeping in mind the companies expansion in different countries.

Despite the arrows thrown towards the speedy XRP – it does not take down many holders and experts believing that within 2018, the $2.00 could be very well possible.

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Ripple Price Daily Analysis Sep 18 – Long Term Prediction 2018

Now after weeks of price hurdle and struggling, cryptocurrencies are trying to see above the surface they once left. Ripple has climbed today with 3.39% gain against the US Dollar to $0.1859 while proportionally the negative decline against Bitcoin market is dropping to -3.19%.

The quite market developing now that has taken place is a result of traders realizing that the reaction to the Bitcoin-to-fiat exchange banning was a little more than needed. On top of that the XRP price should not been tanked that way especially.

ripple forecast

Source: Coinmarketcap

However cryptocurrencies are treated as somewhat of a commodity meaning that if there is trouble in any point of view with Bitcoin it will be directly reflected to Ripple, Litecoin and so on.

The main target now is to keep pushing upward with the hopes to clear out $0.195, successfully close above the mentioned mark and start stable trade towards the major psychological $0.2000.

Ripple’s global trading volume counts only five percent in China exchanges. Adding to that is its main target and purpose: disrupting SWIFT’s standard function as a sender throughout international money transfers.

Just the idea behind it made Ripple being popular and being hit by the mainstream factor on masses – its negotiating and dealings for the better.

On the other side, there is Bitcoin which is “considered – a rival” to the traditional currencies we use or fiat money as it wants them to be taken away. So in general the Central Banks or regulations have not found liking in that. So there should be no regulation against Ripple as per the moment.

Starting from that while knowing that one is a blockchain network run from an enterprise as the other is a public one – The price predictions for Ripple and any other blockchain cryptocurrency like Bitcoin should be completely different for the longer term.

In the longer term, it could very possibly happen that Ripple could take over 2018 with its gains, as its tokens are directed which way to go by the company behind it and the support XRP finds is in the negotiation the enterprises gets cleared. This might lead with XRP against the USD to trade at around $2.00 at late 2018.

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