What will happen with the top cryptocurrencies. Version of the African branch of CNBC
Source:
African branch of CNBC shared his opinion about the four top cryptocurrencies. Cryptocurrencies are popular around the world, from USA to Zimbabwe. And this is one of the most growing industries in the world. Was no exception and Africa, as many residents use the cryptocurrency in everyday life. About it writes the edition .
It Is believed that the reason for the popularity of crypto-currencies on the African continent lies in the distrust of local governments. Example is Zimbabwe, whose currency has depreciated by thousands of times in just a few weeks. Residents will probably prefer to use a decentralized currency, which is not affected by a corrupt government.
Leading the program, Ran Well-ner, gave the audience some tips about cryptocurrency. Speaking live, he spoke about four of the top cryptocurrencies, and also considered several additional altcoins.
Bitcoin
Point Well Nera about Bitcoin has been positive, but less optimistic than the opinion of others about the cryptocurrency. He concluded that the price of the main digital currency will slowly and steadily grow. However, he also noted that there are more exciting cryptocurrency. Arise of cryptocurrency projects with new applications and oriented to a wider audience. Because of this, Bitcoin is losing its market share. But for coins with a capitalization of a billion dollars is much easier to grow in price in 10 times than Bitcoin capitalization exceeds $ 130 billion.
Ethereum
The Cryptocurrency Ethereum confidently took the second place after Bitcoin through smart contracts and decentralized apps. Presenter of CNBC Africa has high hopes for the Ethereum project, calling owners of the cryptocurrency "the smartest people in the Studio." He also mentioned that Ethereum has a lot of applications, although there are problems with scaling. Well, ran-ner believes that these problems will eliminate the technology of sharding and the transition to PoS. He finished the story about the Ethereum call "HODL".
Presenter of CNBC Africa mentioned the tokens Zilliqa and Thunder. They are designed to create a highly scalable blockchain with a high bandwidth. The developers of these platforms think that a large number of transactions per second was the main factor for adoption and use of cryptocurrency.
Bitcoin Cash
Well, Ran-ner expressed interest in Bitcoin Cash, lauding their strong team and the potential of the project. His opinion is especially interesting due to the fact that Bitcoin is Cash divided cryptocurrency community. Especially this separation contributed to the main supporter Cash Bitcoin, Roger Ver.
Perhaps with the increase in block size from 8 to 32 megabytes, the Cash price of Bitcoin will rise. Now, however, and 8-megabyte blocks are not completely filled.
Ripple
Finally, Ran Well, ner mentioned Ripple. In just 4 years this crypto-currency platform has grown so that turned out to be in fourth place by market capitalization. However the numerous positive news did not affect the opinion of Well-Nera about Ripple. He said he could not find examples of usage of the token XRP in the network. Also Well-ner recalled that a centralized cryptocurrency these two reasons enough to "throw it in the garbage."
However, one Ripple after another out the good news. The latest of such news for the launch of Xpring, project to help the entrepreneurs and startups willing to accept XRP. Also the representatives of the Ripple shown by the work of technology xRapid. It is a business solution for payment processors and other financial companies that want to increase the effectiveness of their work. Still xRapid was used on a small scale. However, preliminary results indicate that this project is occurring more and more partners.
in Expectation of falling prices of cryptocurrencies after Consensus
The cryptocurrency Market froze in anticipation as speculators can move prices in either direction. Some analysts believed that the conference Consensus will cause a significant growth rate and we'll even see the January price level. However, after Consensus of the market leaders fell 5 percent, as many altcoins have lost in the price even more. Maybe it's too early to talk about the impact this conference courses on cryptocurrencies. As the heating market and the emergence of new good news, the growth may come back.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
Russia and Iran are thinking about using a cryptocurrency to bypass US sanctions
At the end of March the American stock exchange Bitfinex that is not going to start trading cryptocurrency Venezuelan El Petro. According to the representative site, the token can be used by the government to bypass U.S. sanctions...
Brian Kelly: now is the time to buy Bitcoin Cash
In early may, investor and co-founder of hedge Fund BKCM Brian Kelly in the short term, Bitcoin may rise to $ 12. The role here will play the beginning of trading cryptocurrency the big banks by type Goldman Sachs and clarifying t...
The state Duma adopted in the first reading the draft law on the regulation of cryptocurrencies
the draft law "On digital of financial assets" passed its first reading in the state Duma. He was supported by 410 deputies. One voted against. It is reported . the Legislative framework for cryptocurrencies in Russia is almost re...
RAKIB criticized the draft laws on the regulation of cryptocurrencies in Russia
Yesterday, the Chairman of the Duma Committee on financial markets about the role of cryptocurrency and ICO. Also Anatoly Aksakov has revealed the dates of the readings of the draft law on the regulation of coins in the territory ...
The Verge bitcoin was hacked for the second time
This year was an ordeal for the Verge. At first, the cryptocurrency has lost much of their value in the face Pornhub. Now Moneta have been "attack 51%." As the portal , it happened for the second time. We will remind, after the fi...
Airline TapJets adopts Ripple and Litecoin
may 15 American airlines TapJets launched on Twitter. The subject of the survey was the cryptocurrency, which the carrier will use for electronic payments. As the portal , users liked Ripple and Litecoin. the First cryptocurrency ...
Economist Robert Shiller warns of imminent collapse of cryptocurrencies
the Enthusiasm among fans of the cryptocurrency is not quenched despite the well-known economists. Robert Shiller has already predicted the dot-com bubble and the crisis of the housing sector in 2008. This time he voiced a few neg...
All seriously: the Creator of Bitcoin miners Canaan has applied for IPO
Two weeks ago, journalists on the possible withdrawal of Canaan Creative company for an IPO. The leadership counted on a listing on the Hong Kong stock exchange, but also allowed the option of placing securities in the United Stat...
Yesterday, the Chairman of the Duma Committee on financial market about the importance of cryptocurrencies and ICO. He also revealed the dates of the three readings of the bill, which will end on June 21. After the approval of the...
All or nothing: a man exchanged his house for money
the Hype around Bitcoin in the past year reached its peak. This can be seen in the headlines of news publications, which increasingly began to appear about the sale of entire buildings for the cryptocurrency. A canadian guy went o...
Acne Buterin joked about a possible transition to Google
In early April, acne Buterin proposed to limit the emission of Ethereum 120 million coins. According to him, the new rules will allow the second capitalization of bitcoin "sustainably develop" and enhance its investment attractive...
WSJ: 20% ICO turned out to be fraudulent
Yesterday, the national Board of technology experts, financial security in the Internet (IFCERT) in China 421 fake cryptocurrency. All these coins were created to steal users money. According to the study , fake projects much more...
Why Bitcoin has not grown during the conference Consensus 2018. Version Volume Whether
By the end of next year, the cost of Bitcoin will be in the range from 20 to 60 thousand dollars, in the may report Foundstart. Together with the course of the first cryptocurrencies will increase the profitability and volumes of ...
The Australians have lost 2.1 million in bitcoin due to fraud
In March several scams during the month, fake taxes from the owners of the cryptocurrency. They were IRS and demanded to send a percentage of profits to a Bank account. Then they received 50 thousand dollars in bitcoins. This is a...
20 most interesting tokens on the platform Ethereum
In the cryptocurrency community, there is a large group of people who believe that once Ethereum will have the largest capitalization of all. This belief is based on the fact that Ethereum has a long-term solution to scalability ....
The triumph of industry. Cryptocurrency appeared in the game about the simpsons
the Simpsons — the world-famous animated series. He was particularly fond of the alleged ability to predict the future. In the latest update of the game based on the cartoon got a lot of mentions of Bitcoin, cryptocurrency and min...
The Chairman of the Duma Committee on Finance stressed the importance of cryptocurrencies and ICO
a Week ago, the Plenipotentiary of the RF President on the revitalization of drug dealers because of the cryptocurrency. According to Mikhail Babich, the coins give quite new possibilities for illicit trafficking in a controlled s...
Where to go if ban. The experts chose the most friendly country for owners of cryptocurrencies
In the middle of the month, the Central Bank of Zimbabwe companies to leverage cryptocurrency. The implementation of the decree gave them 60 days, and the decision is explained by the desire to ensure the reliability of the state ...
What will happen to the exchange rate of Bitcoin and the market. Analysts forecast
the New week started with a slight rise in the market. In the green color was almost the entire top CoinMarketCap, a leader in the top ten was TRON with 14 percent growth. Market capitalization reached 390 billion. The situation w...
The former Director of the British Visa will be headed by cryptocurrency startup
In late April, a top Manager with the wall Street Alice Haas CFO exchange Coinbase. Informed marketplace hired multiple Bank employees, so the transition frames from the usual financial institutions in the cryptocurrency becoming ...
Comments (0)
This article has no comment, be the first!