ETHEREUM:
Ethereum is a true outlier. It’s a platform that allows to create smart
contract that runs on a decentralize network. The team behind Ethereum
is very smart. I always look up the people that are behind a project before
investing and Ethereum has 100% of my confidence. Those guys rock.
Other then the team, the degree of adoption that Ethereum gets at the
moment is phenomenal. Because ethereum is a platform where developer
can deploy Dapps, a lot of inovation is being made at the moment and
each one of those innovation boost the adoption rate of Ethereum and
create a network effect.
If one currency can make it big, it is Ethereum. It already grew 1000% over
the past few months and I can see the currency go another 1000% easily if
not more over the next few months and years.
Ethereum is the only crypto-currency that I believe has the capacity to
overtake Bitcoin Market cap in the near future.
Prediction: Ethereum is the crypto
currency that has the most potential.
I think it could be possible to see it
overtake Bitcoin in Market Cap.
500$/ether is something plausible
in the near future.
FACTOM:
Factom is another fantastic cryptocurrency that used to be called “Notary
Chain” that should grow by a lot this year.
Factom allows companies to create immutable database.
Factom store information in their own blockchain and then create a hash
of that data and stores it into the Bitcoin blockchain. They are also work-
ing on adding that hash into ethereum and other big blockchain to add
protection.
Factom just got a huge contract with 20 smart cities in China and are
working with other countries to create immutable data base. This will
allow those government to stream line and secure their data.
The market for Factom is huge and they definitly are outliers. The people
behind Factom are also very smart. I am looking forward the growth of this company
Prediction: Factom is getting mass
adoption very quickly, I can see it
growing to $30 before the summer.
BITCOIN:
. Bitcoin
- MaidSafe
Bitcoin has proven a store of value over the past few years and it was
trading at 410$ earlier this year. The price vary a lot but it outperformed
all the other investment vehicle by a lot.
Bitcoin has the network effect and most people have heard of
Bitcoin. But this is not a panacea because Myspace had the network effect
at some point and they lost their position over better platforms like
Facebook.
Over the past few years, Bitcoin got a lot of venture capital money so
we should see very interesting apps and project coming to the market
in 2017. All those companies will drive wider public adoption which would
drive the price up.
One problem with bitcoin is that it’s block size limit reached the
maximum amount of transaction it can process. It will need to
overcome this before the price can start climbing again.
Prediction: With the stock market
going down, people will be looking
for a safe heaven. I think it can
reach 1200$ before the end of the
year if they don’t get overtaken by
Ethereum. If they get overtaken,
we might see the price drop instead
as people transfer to this better option
I love this write-up, it's creative and genuine at the same time. I'll try to dig more into that "factom" and see how profitable it will be to invest in it. Thanks for the eye opener bro.
Good for long term trading
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I'm curious that you make no mention of BitShares in this post. It is the only crypto (other than Steem, which is another Graphene based blockchain) which can scale to MasterCard levels of tx/sec today. The BitShares blockchain can handle more transactional throughput than the other top 10 coins as per coinmarketcap (excluding Ripple, which IMO doesn't even belong on that list) combined - today. The entire Status ICO, which backlogged the Ethereum network for hours, could have been processed by the BitShares blockchain in uner a minute. Additionally, BitShares has price-stable smartcoins that require no counterparty trust, unlike USDT.
If you are unfamiliar with BTS, I urge you to research it, and draw your own conclusions.
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