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Golden Opportunity to Invest in NEO as Predictions are Record Like

The bears have the clear saying above all in the second week of the 7th month of 2018. This Tuesday the red declining trend has taken the market as a whole. For some that are on the short term trading this might mean loss, but other that are longer in the game could find the movement as the best buying opportunity. Especially some altcoins that are taking heavy steps towards development.

NEO Opportunity to Step In

With the first half of the year gone, the crypto-verse both infrastructure and price wise has seen some drastic improvements and changes. Each team is trying their best to showcase their work potential.

See: Ethereum (ETH) Going Higher Security with the New Vyper Language Introduced

That is why in our opinion this time around could be the best to step in before the second part of the year hits hard. As the lead token BTC changed hands from $20,000 to $5,800 just a couple of days ago against the US Dollar, so did many altcoins drop.

During the bull run of late last year and early this year, NEO had peaked at levels of $187 on January 16th. The coin would continue holding its own against an ever dropping Bitcoin and also have a value of $144 in late February as the rest of the market was spiraling out of control. It bottomed at $27.00 seven days ago. However, with the potential seen last year, the rest of 2018 could be filled with new possibilities.

On July 4th, the platform commenced the election of a City of Zion consensus node into the NEO MainNetwork. The event has been named as the decentralization of its blockchain network.

City of Zion are an independent group made of translators, designers and developers with a global reach that have teamed up to back up NEO core and the network as a total.

For six months did the City of Zion ran on the network until it was made ready for election. According to the roadmap, the other ones are set for the end of 2018 to enter election:

  • First Concensus node – KPN – leading telecom firm in the Netherlands with 33 mil mobile subscribers in Germany, France, Netherlands and Spain;
  • Second Consensus node – In an announcement on the 5th of May, the NewEconoLabs (NEL) announced a partnership between NEO Global Capital (NGC) and Fenbushi Capital for Neo’s Name Service Project (NNS).


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Invest in Ripple, Cheap and Profitable!

Banks are very wary and continuing to oppose Bitcoin. That is understandable and no surprise at all as the cryptocurrency is proving to be a much efficient competitor against the regulated fiat currencies. However, banks are not completely closed off to the blockchain idea behind the cryptocurrencies.

Interest has further grown for Ripple with its great focus on blockchain technology. Unlike Bitcoin, Ripple has created partnerships with banks and financial institutions around the world. With banks continuously showing interest in entering the blockchain world, Ripple seems to be the most likable of the cryptocurrency and blockchain companies they would partner with for expertise and ideas.

Ripple unlike other cryptocurrencies is not mined. There are about 100 billion coins circulating which were created by the company itself. You wouldn’t be wrong if you were thinking that it is a good idea to invest on Ripple as quickly as possible as the XRP cryptocurrency is proving to be a big and important player within the blockchain world.

Amongst reasons to invest are the speedy growth the company has achieved which currently sits at a market capitalization of $7.5 bn. 38.5 billion total XRP are currently trading at just $0.2 each. More and more banks are using the Ripple protocol and its supply will soon be enough to support all the players using the system. Ripple could soon replace simple SWIFT transactions due to lower costs and higher efficiency. Institutions that support the company have also increased at a rapid speed. The company is partnered with more than 100 institutions at the moment and its role in the market seems to be very promising.

The price of Ripple currently is very low at $0.2 for the past months. That has been due to the uncertainty of investing in this technology mainly due to fear of the supply. As the company owns all the coins, at the moment 60% of those, investors fear that Ripple may suddenly release those and flood the market. This would cause investors to lose a lot of money, whilst the company would get a lot of profit in return.

As a fix for this CEO Brad Garlinghouse has issued 55 Billion XRP in Escrow. With this brilliant step forward in technology Ripple has been able to promise that the supply will be predictable and the investors will be able to see and verify that themselves. The only things that could harm Ripple at this point are government regulations or more innovative and attractive competitors entering the market!

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Stupid of me: Last year I bought those sneakers $100 instead of investing in Bitcoin!?

Bitcoin’s dramatic rise has left the other 90’s bubbles far behind proving that it is very different in its growth. The cryptocurrency achieved a new high of $4880 this Friday.
Investors are surely cheering with excitement over this epic rise in the value of the currency.

A year ago the price of Bitcoin was $572 per token. Any investor that decided to invest 100$ at that time would have it’s value increased to about $850 today.

Still, many analysts with investment banking backgrounds are expecting the bubble to burst at some near point in the future, before rising once more.

While it’s fun and exciting to watch Bitcoin’s rapid gains experts suggest that ordinary people stay away from this investment.

“It’s really, really not worth it for the ordinary consumer,” Matthew Elbeck, a professor of marketing at Troy University told MONEY earlier this year.

On the other hand, there are Bitcoin supporters that expect the currency to have more longevity and rise further. This hype looks like just the beginning, as Charlie Shrem, entrepreneur and founder of the Bitcoin Foundation recently said that Bitcoin is cheap at the current price. He suggested that there will only be 21 million Bitcoin in the future. Anything below the price of $100,000 is undervaluing the currency.

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