Hello and welcome to the daily concentrated news about all the important changes that are happening in the cryptocurrency market.
- First up is Bitcoin, which has seen a rapid price recovery but it's future growth is not very clear at the moment with articles from Cointelegraph and Coindesk pointing out that a rally and retest at the $5000 mark is possible if the price goes beyond $4640 . However there are a lot of indicators pointing out to a possible bearish (fall in price) scenario, which would see bitcoin going toward the $4200 range. It all rests on what happens at the $5000 level, if it breaks through then it's very likely it will grow further, but the odds are the bearish scenario will become reality.
- In the mid to long term there are good news for crypto, like the fact that more countries ( most recent being Portugal) that are restricting the amount of cash that you can use in transactions, which means a lot of people will start to look at crypto as being a interesting alternative payment method.
- Neo has seen a important comeback because Bitfinex just added it to it's exchange and it seems like the China ban on ICO is not permanent but more a move to regulate them better. So Neo could still be China's Ethereum... or people were just disparate for some good news about it 😜 .
That's about it for today. Hope that you find this new format useful for getting up to date with the essential stuff. I look forward to your feedback and in the meantime don't forget to:
and stay tuned @calatorulmiop
___________________________________________________________________
Best Bitcoin Faucet
Join here
I am from Portugal, should I bet on BTC and wait for BTC @ 5000$ or I should bet on Alt coins like LTC or RIPPLE? Obrigado
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi, it depends if you are in this for the long run or not. In the short term it's more likely that BTC won't get over $ 5000 and the other coins should mirror it's movement. In the mid to long term I think BTC will get to $10.000. It's possible it will do that by the end of the year. If I were you I would put most of my money in BTC and some in other coins, but I'm in it for the long run ( meaning years). Cheers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice work and post, upvoted, keep it like this
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you, appreciate the feedback :) and hope to see you around.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@originalworks digs the news
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@OriginalWorks Mention Bot activated by @calatorulmiop. The @OriginalWorks bot has determined this post by @calatorulmiop to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
For more information, Click Here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit