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NEO – The Altcoin That Surged Despite the Chinese ICO Ban

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NEO also known as Chinese Ethereum is expected to benefit in the long run due to rules being implemented by the Chinese authorities with respect to ICOs. This is due to the fact that NEO already adheres to rules proposed by Chinese regulatory authorities. As such, many are considering NEO, the first public blockchain of China to transform into one of the leading digital platforms in the country. After the Chinese regulatory announcement the Altcoin did take a tumble and reached its lowest point of around $13.29 by the end of September from its top level of $48 with a network cap beyond the threshold of $2.5 billion (way back in August ). However, steady trading volume has helped the coin recover and reach value of $26 (in the initial period of October), which is actually a hundred percent rise from the lowest point it reached after the PBoc ruling about ban on ICOs. The Positive NEO Trends Inclusion in Bitfinex: A positive achievement for NEO is that recently it has been included in

The Future Of Bitcoin, Ethereum & ICOs

This is a great video which discusses the future of Bitcoin, Ethereum and ICOs. The most interesting part is at the 1 hour mark where Craig Wright explains some of the future technology which will exist in Bitcoin Cash or does already. I was super impressed after watching it and suggest you do the same. 1GB blocks are not the end goal. Block size will get bigger and bigger over time. Hard forks will become the norm, not shunned. According to Craig Wright in the video, hard forks occurred all the time in early days of Bitcoin. The way you determine if new changes to the software will work is by testing. In the end, the market will decide which coin to value the highest not influencers. Economics still works as long as the data sources are not corrupt. The video is no longer available. You will be glad you did.   Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this pos

Now That Bitcoin Segwit2x Fork Passed

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Now that the Bitcoin Segwit2x fork has passed, Coinbase has unlocked trading of BTC again. There may be some selling off of Bitcoin (BTC). It is unlikely to get (B2X) coins right now according to Coinbase. Bitcoin (BTC) has some problems: BTC - Chain spiral of death. BTC - Severe network congestion. BTC - Civil War with BCH and other contentious groups. Ethereum (ETH) and Bitcoin Cash are looking pretty good right now. Bitcoin Cash (BCH) is currently 25% more profitable to mine then Bitcoin (BTC).   Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

BCH Dumping

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Based on my sources the reason for the BCH dump today is because GBTC started selling their BCH holdings to pay a dividend to shareholders. Their goal is to sell about 170,000 BCH over time. This will end eventually as it was based on the holdings of GBTC after the August 1st fork. Everybody keep calm and be patient. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!

Segwit2x Fork - Market Protection

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It is my understanding that the Bitcoin Segwit2x (B2X) still has a small probability of happening. This is because a faction of miners still believes in it despite the major market players calling it cancelled. This would enable protection for Bitcoin (BTC) owners who are susceptible to chain spiral of death due to Bitcoin Cash (BCH). Since BTC has no Emergency Difficulty Adjustment, if there is another crazy spike in Bitcoin Cash (BCH), which in my opinion is likely, all buyers of Bitcoin (BTC) after the August 1 Bitcoin Cash (BCH) fork have no protection. This is a big deal because many people new to Bitcoin (BTC) may have invested large sums of money with no understanding that it could go to zero. We will see if this hard fork occurs around tomorrow or not. It is very exciting times to be involved in crypto currencies. It’s probably a good idea to have at least some exposure to Bitcoin Cash (BCH) to ensure that you have some diversification in the event of another black swan. In the

Bitcoin Cash Will 3X My Investment

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Based on recent news I am more bullish on Bitcoin Cash than ever before. Just recently the CME chairman announced that Bitcoin futures will be listed as early as next month. According to a prominent crypto VC, this news signifies that Bitcoin will be able to be shorted. This is a large problem if you have (BTC) because Wall Street and Crypto Valley are not yet on the same page. I can envision large market forces attempting to damage (BTC). Luckily, if you have Bitcoin Cash (BCH), this is not a problem. Some of the same forces that short (BTC) may actually long (BCH) which may result in another huge pump. Roger Ver is likely transitioning more of his 300,000 BTC into Bitcoin Cash. Keep in mind Bitcoin Cash has only been live since August 1st 2017 and has already bulged to the second highest network cap in crypto. This is not by error. Additionally, Mike Novogratz has been buying Bitcoin over the weekend. He is likely responsible for the uptick in price as his firm bought $15-$20 Million

Today's Bitcoin Highlights

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Bitcoin (BTC) hash rate just dropped 50% nearly overnight. It's currently 70.3% more profitable to mine Bitcoin Cash instead of BTC. Bitcoin (BTC) fees rising. Interested in learning more? Explore our  Connecticut SEO Agency  and delve into our  Bitcoin Blogspot  for a wealth of free, original content. Don't miss out—share this post, and thank you for reading!