Customizable Cryptocurrency Dashboards
To buy AICoin you first have to deposit cryptocurrency onto the platform. Take the example of a Venezuelan who invested in Bitcoin – currency their government couldn’t control – this person now finds that the cryptocurrency is literally the difference between life and death in their ability to purchase food; compared to their neighbour, who cannot, due to their sole reliance on the government-controlled currency.
Had I kept my ethereum on Coinbase or another exchange like it at the time of the hard fork, I personally would have lost 5 figures in ETC (at present values) merely because the exchanges wouldn’t give me access to these coins that I rightfully owned.
In addition, information is more valuable the less people have it. The idea is that if “dumb money”, or the mom-and-pop investor, is buying and yell that it is going to be the next best thing and will make him rich, it should be time for you to sell.
The values of the ZAK-3 Crypto and ZAK-5 Crypto indices are presented in tables 1.1, 1.2, and 1.3. The 24-hour trading volumes (Volume 24h) for the three dominate cryptocurrencies (Bitcoin, Ethereum, Ripple) on October 8, 2017, equaled USD 2,137 million (Tables 1.1, 1.2), and did not exceed 2% of their market capitalization.
Other future applications of Bitcoin include smart property (a la vending machines, Uber ridesharing service), assurance contracts, contract exchanges, notary services, escrow, oracle-automated transactions (when X occurs, send money to A), and others 7.
There was also panic selling due to twitter of Charlie Lee, developer of litecoin, and Jihan Wu. According to their remarks, the cryptocurrency exchanges in China must be licensed by the Chinese government and must close the exchange for a short time before issuing the license.
And let’s also not forget the recent price rally of NEO in which it surged from $6 to $52 almost overnight, reaching the top 5 market cap and bypassing NEM, DASH , STRAT , and LTC I think this price rally was mainly because investors could see the potential in NEO’s white paper The biggest hurdle right now with NEO is the China regulation scene.
The rise in bitcoin’s price since 2016 sparked a global interest in cryptocurrencies in general, experts believe that the sudden rally in altcoins like ether can be a result of that as people who missed the bus with bitcoin are rushing to get onboard the altcoin hype-train.
In particular, she and her project’s developers are designing Tezos to automatically push software updates out to the network, thus, in theory, avoiding the divisive feuding over upgrades that has wracked systems like Bitcoin over the past few years.
Regulators are starting to realize the enormous potential of blockchain, and the increasing utilization of cryptocurrencies by public and private enterprises and investors will prompt a faster resolution regarding relevant regulatory framework around the crypto space.
The cryptocurrency space has changed tremendously in the 2 years since that post, so I’d like to make an update of the post, explore the fundamentals of cryptocurrencies and the various types of altcoins by grouping them according to their technical specifications and functions.