LITECOIN MORE GOOD NEWS! ABRA CEO CALLS LITECOIN DIGITAL SILVER TO BITCOIN!!

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Antonio Pascucci EthereumLitecoin 0. When SegWit was successfully activated back inLitecoin had a litecoin more good news abra ceo calls litecoin digital silver to bitcoin in price gains. He stated that if people are using it, the price would follow. Abra has become the first app in the world to support multi-coins.

It already supports 20 cryptocurrencies and 50 fiat currencies. Looking forward to AbraGlobal using smart contracts on the Litecoin network in about 2 weeks. Not only are many Bitcoin investors moving to Litecoin, you no longer need to buy into Bitcoin first to purchase Litecoin. It also has implemented litecoin more good news abra ceo calls litecoin digital silver to bitcoin own Lightning Network making transactions fast and reliable.

Moreover, some analysts even predict that Litecoin could surpass Ethereum in market cap by the end of Antonio Pascucci BitcoinBlog Roll 0. Snowden also claimed to have used Bitcoin back in to conceal his identity while he prepared to release National Security Agence NSA documents.

The whistleblower continued to explaine that the current method of the bitcoin blockchain has the problem of balancing the acts of recording every transaction in its history while also attempting to scale its capacity in processing these transactions.

The agency actively analyzing world wide web traffic and crawls through software to undermine the pseudonymity of users. The news comes at a time when the U.

Antonio Pascucci Bitcoin 0. However, it was also said that cryptocurrency could pose a risk to some financial sectors with greater use in the future. If improvements are not made, the advisory unit chief at the G20 summit warned that confidence in the worldwide financial system could shrink if threats continue to appear and cryptocurrency use and interconnectedness become more common. More than 90 percent of the top cryptocurrencies were gaining on Monday, according to Coinmarketcap.

Antonio Pascucci Blog Roll 0. Cryptocurrencies continue to vex investors, while simultaneously crowning new millionaires in this challenging time. But there are many lesser known virtual coins, too; literally thousands of them. Here are six potential contenders which could be on the verge of heading up, up and away, but as ever, note that you make any investment in this volatile arena at your own risk.

The goal was to create a newer version of Bitcoin with a larger block size, as the original was limited to 1MB, which in turn limited the network to processing Bitcoin transactions at only seven per second, a severe restriction as Bitcoin increases in popularity. The creators view Bitcoin Cash as the next step on in terms of the evolution of the virtual currency, offering the promise of faster peer-to-peer transactions, with lower processing fees.

The ultimate goal of Bitcoin Cash is to be actually useful as a digital currency for purchases in the real world. Litecoin dates back toand was created by ex-Google engineer Charlie Lee. Like Bitcoin, Litecoin is a decentralized cryptocurrency that allows for peer-to-peer transactions. However, Bitcoin is based on the SHA algorithm, while Litecoin uses the Scrypt algorithm, which runs considerably faster, with a target of 2. Monero is an open source, crowdfunded approach to cryptocurrency, which dates back to July It was originally called Bitmonero, but this was subsequently shortened to the current name.

Monero is a decentralized virtual currency based on the CryptoNote algorithm, with a new block added every two minutes, meaning it offers faster transactions than Bitcoin. IOTA is getting some attention these days, following its release as an alternative cryptocurrency back in Other cryptocurrencies are based on the blockchain, with recent transactions bundled into the new block. In order to perform a transaction via IOTA, the user has to participate in the network, and they do this by verifying the last two transactions.

This allows IOTA to offer free transactions, and furthermore allows it to scale — because as it becomes more popular, there will be more folks to verify transactions. Considered a third-generation cryptocurrency, its name comes from Gerolamo Cardano, a Renaissance figure who was an Italian mathematician and physician. Its founder is Charles Hoskinson, who was a co-founder of Ethereum. Their goal is to balance the needs of regulation, while still adhering to privacy and decentralization principles.

Cardano is an ambitious project that seeks to address the shortcomings of Ethereum and other older cryptocurrencies. Thus far, Cardano certainly seems to be doing something right, as it has quickly become the fifth biggest cryptocurrency going by market cap value behind Bitcoin, Ethereum, Ripple and Bitcoin Cash respectively. Vertcoin is open source, decentralized, and has a block time of 2.

In other words, Vertcoin wants to avoid control by banks or other centralized mining powers. Vertcoin also utilizes the Lightning Network for instant blockchain transactions. Two other factors contribute to the popularity of Vertcoin. Seek advice from a financial advisor as well as do your own due diligence before considering investment. Same like the other forks. Bitcoins price has been on a wild ride.

The answer starts with basic economics. In Econ, one easy way to think about value is like this — Something has value if it checks the following two boxes… Scarcity just means that the supply is finite.

Ben Yu, a blockchain expert living in San Francisco, says this set cap makes it more desirable that other assets litecoin more good news abra ceo calls litecoin digital silver to bitcoin even gold!

So we actually see that today we mine gold at four times the rate that we did just one hundred years ago. So if Bitcoin checks the box for scarcity — what about its utility? Bitcoins utility lies in its potential to be a more efficient currency or commodity than we already have. First, Bitcoin is decentralized. This means that no bank, government or single person has control over it.

Another use of Bitcoin is that its trivially divisible, meaning you can buy a donut with it as easily as you could buy a house or even a mansion.

Take dollar bills for example. So if we agreed Bitcoin litecoin more good news abra ceo calls litecoin digital silver to bitcoin some value — at least for some people, then how much could a single Bitcoin actually be worth?

We see people on T. A lot of them do it by comparing Bitcoin to Gold because they perceive those two assets as being most similar to each other. The total litecoin more good news abra ceo calls litecoin digital silver to bitcoin of gold — divided by the total number of Bitcoins — equals the potential value of each Bitcoin. Metcalfe, an electrical engineer, proved that the value of a social network or telecom company is proportional to its number of users — squared.

A good way to think about it is like this…. A single telephone is useless. But the value of telephones increases exponentially as others get phones. Ultimately, Bitcoins price will depend on the demand for it. If people believe in it and continue to buy it more than they sell it, then the price will rise. And conversely, if Bitcoin is sold more than its bought, the price will fall. By definition, Bitcoin is scarce. And the crypto may have utility as a superior way to store and exchange wealth.

For more information about Bitcoin and other crypto-currency prices, visit CoinMarketCap. And we have a strong Bitcoin still as Futures begins making some Bitcoin history here.

A quick glance at coinmarketcap shows how things are pairing up. As more and more fiat currency flows into the market, one can only speculate on how much Bitcoin and other cryptocurrencies will be affected.

Right now, at the time of this writing, Bitcoin holds Once the smoke clears we could be looking at a completely different chart. One that costs more to invest into. Although the site has this option, it is still left up to buyers and sellers to exchange their own payments at the point of sale.

This implementation was first noticed by litecoin more good news abra ceo calls litecoin digital silver to bitcoin Reddit user on December 8th, Cash has been the most widely accepted form of payment on Craigslist thus far which has made it tough and impractical to sell higher priced items like a car or boat.

Likely a pilot test, only time will tell if they keep the option available. As for now, it seems the developers at Craigslist lend some credibility to growing trend that is cryptocurrency. Virtual currency pretenders waiting in the wings Cryptocurrencies continue to vex investors, while simultaneously crowning new millionaires in this challenging time.

Monero XMR Monero is an open source, crowdfunded approach to cryptocurrency, which dates back to July A good way to think about it is like this… A single telephone is useless.

Get Your Crypto While You Can As more and more fiat currency flows into the market, one can only speculate on how much Bitcoin and other cryptocurrencies will be affected.

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Smartereum Smartereum Litecoin price predictions Litecoin seems to be on the rise! Litecoin price predictions Litecoin seems to be on the rise in long term. This is the reason why many of the investors are trying to predict the Litecoin price predictions It is important to realize that Litecoin is actually similar to Bitcoin and Ethereum.

Only once you are able to keep this factor in mind, you would be able to predict the price more easily as well. Currently, when you compare the cryptocurrencies on market, Litecoin is the one of the largest cryptocurrencies. This is the reason why it is out of the limelight as well.

Many of the institutional investors, as well as cryptocurrency funds, are also investing in Litecoin. This is the reason why transactions in Litecoin are increasing day by day. As always, it would be a good idea to diversify your cryptocurrency Holdings and reduce the risk significantly. It had a veritable laundry list of catalysts that got investors excited about its prospects of signing up merchants and giving bitcoin a run for its money pun fully intended.

For example, Litecoin founder Charlie Lee left his job at Alphabet subsidiary Google to work full time on promoting Litecoin as of June Additionally, Litecoin holds a number of competitive advantages over bitcoin that suggested it could really ramp up adoption and process transactions quickly.

For instance, bitcoin processes a block of transactions about once every 10 minutes. In all aspects, Litecoin looked like a budding medium of exchange that could one day surpass bitcoin when the curtain dropped on Though a number of catalysts helped buoy the LTC token, the biggest of them all was the announcement that LitePay, a payment platform specifically designed to support Litecoin although it was developed independently of Litecoin , would be going live by Feb.

Litecoin had requested to join BitPay but was denied. So the development of LitePay was expected to be groundbreaking. It would have allowed users on mobile devices and desktop computers — and perhaps even with linked debit cards — to purchase goods and services with Litecoin tokens, which could then be transferred into fiat currencies, such as the U.

And, best of all, transactions would settle nearly instantaneously, reducing the concerns retailers would have about crypto volatility eating into their margins. But less than two weeks later, on March 16, LitePay CEO Kenneth Asare informed Litecoin, which was an investor in the LitePay project, that it was ceasing all operations and planning to sell the company.

Litecoin founder Lee wrote in a tweet: I am sorry for having hyped up this company and vow to do better due diligence in the future. You see, the crypto market is unregulated, meaning it can be something of a Wild West when it comes to promotion, product development, and partnership announcements. For example, there was mass confusion surrounding IOTA late last year after it announced the beta launch of its Data Marketplace — a blockchain-based network designed to allow businesses to share or sell unused data — in November.

Around three dozen brand-name companies acted as participants for the Marketplace, providing critical feedback for IOTA. While regulation is often viewed as the enemy of virtual currencies, an increase in oversight should help lay a foundation and build trust with investors. How long do we have to wait before the U.

Until we have an answer, investing in virtual currencies will remain an incredibly risky venture. John mostly concentrated on topics related to both Bitcoin and Litecoin and the recent changes which are occurring in both the platforms. Some of the points which Charlie mentioned, in the beginning, was about the place of Litecoin in the blockchain ecosystem. According to him, Litecoin can be considered as complementary Bitcoin and that they are aiming to implement better payment methods. Bitcoin concentrates more on storing the values and he thinks that both the firms can work side by side.

Ethereum Price Predictions Cryptocurrency's value could triple How high can the price of Ethereum go in ? Cheaper fees and faster transactions are the two best features of Litecoin. He mentioned that Litecoin will always be cheaper than Bitcoin because of its larger capacity.

He was also asked about the Litecoin Foundation further. The Litecoin Foundation was formed last year and is run by Charlie Lee who is the current Managing Director along with three other Directors. They hired developers to improve the functioning of Litecoin and make it more user-friendly. During the chat, he described the entire issue regarding LitePay scandal. He stated that the initial idea behind introducing LitePay was to make payment methods easier for its users by using a consumer credit card facility.

But the LitePay team failed to deliver the project and they noticed that the team did not have the potential to execute the project. Later, LitePay team sold their assets and checked out. While comparing Litecoin and Bitcoin Cash, he said that both the technologies are almost the same except that all the Bitcoin holders will have Bitcoin Cash by default due to which the BCH supporters are more.

He also mentioned that the security for Bitcoin Cash is very low because it shares the same hashing function as Bitcoin, making it more exposed to hacks. Charlie believes that the price variation of any coin is only due to the market rates and the underlying technology should not be responsible for the same.

Towards the end of the session, he stated that Fungibility is the main feature which all the transactions that involve money are lacking. And finally, he mentioned some of the reasons why somebody should hold or buy Litecoin; It provides much value and one can use their money without being censored and the transactions can be done quickly and effectively. When will confidential transactions be added to litecoin?

Also will that be enabled by default? I tend to believe in you and litecoin more then I do bitcoin and the longterm future I see better with ltc how does that make u feel?

Ripple price predictions Recent reports confirm that the celebrated commitment for a payment network between Litecoin LTC and Abra, related to the smart contracts of the peer-to-peer cryptocurrency, reached a massive failure today after the asset happened to have an opposite effect and instead of broadening the gains, ended up reversing previous earnings.

Moreover, regarding the partnering decision with Litecoin, Bill Barhydt, the CEO of Abra, explained the situation by highlighting the importance of being congruent with the market. He stated that by choosing Litecoin smart contracts over the ones powered by Ethereum, the company was being more conscious of what was going on around the market; and that, in fact, by doing so they were actually closer to be compatible with the leader of the sector, Bitcoin.

After all the declarations given by Barhydt on behalf of Abra, most of the Litecoin investors felt encouraged to believe in a brighter future for Litecoin. Nonetheless, since last week the prices of the coin went into a tailspin in response to the sudden closure of the merchant medium LitePay. The abrupt event was very unexpected since the retailer gateway had only opened its doors a couple of weeks earlier, and just when they were starting the business got down.

Regarding the facts, last week, Charlie Lee, the creator of LTC established a very demotivational statement by expressing:. We will be updating our subscribers as soon as we know more. For the latest on LTC, sign up below! Revolution in the field of decentralized apps! Mining of this cryptocurrency will not depend on having proper equipment This project will make the world of decentralized applications free!

Make your contribution to a unique and prospective project This will be the fastest cryptocurrency in the world! The content of this website smartereum. This website does not provide legal, investment, tax, etc advice. You should not treat any information on smartereum. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Apr 15, Leave a Comment Comment. Johnny T, a cryptocurrency enthusiast tweeted: Regarding the facts, last week, Charlie Lee, the creator of LTC established a very demotivational statement by expressing: Authors get paid when people like you upvote their post.