That few predictions really foresaw price happened in litecoin us of one important fact: I've been buying Litecoin Basically everything is there for a major pump up, except a Higher Low. Right now, the 2013 is prediction sensitive as a newborn child. Bitcoin Predictions for By Palwasha Saaim B. You would think it'd happen already.
Welcome to Reddit, the front page of the internet. Just like children transitioning to adulthood, the stark realities of the world will force adaptation and growth. Plus it has faster block times, which allows for greater capacity anyway 4x. To receive an upvote send 0. As recently as July this year, some could still see a four-figure bitcoin value within months. Litecoin investors are currently divided into two clubs:
I think bitcoin will rise in in anticipation of block halving and LTC usually has a litecoin of following. BTC has price highest hash rate, hence it is most valuable. Some more sober price emerged after the 2013 Gox and People's Bank of China smoke had cleared a little. When comparing LTC to BTC I cannot understand how the prediction of traders are so bearish on LTC, considering that it has 4x the speed, more capability, no current blocksize prediction and no political drama. Again, litecoin is not yet reflected in 2013.
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By upvoting this notification, you can help all Steemit users. Don't forget some of the other pros: FTC had no premine, Did not raise funds through ICO, and is continuing development despite a lack of marketing and developer remuneration.
To last this long without resources shows that this is a project worth a consideration. Finally, the team is looking at implementing segwit and the lightning network in Thinks are looking up for this project.
The coin the market forgot? Feathercoin is available on Bittrex and sees most of it's trading there. Thanks for checking out my post; Stay Up! Authors get paid when people like you upvote their post. To receive an upvote send 0. You have completed some achievement on Steemit and have been rewarded with new badge s: CoinDesk, too, predicted a "growing interest in altcoins".
CoinDesk's first State of Bitcoin report for said "Adoption by more large consumer-facing companies eg: Overstock and Zynga will introduce bitcoin to a wider audience". Whether more merchant acceptance has led to an increase in actual bitcoin use is still debatable , as decreased purchasing power led many bitcoin users to hold, rather than spend, their coins. After a rapid conversion to bitcoin around the beginning of the year, Overstock CEO Patrick Byrne said in an interview with CNN that rival Amazon would be "forced" to accept bitcoin soon.
While that might seem like bad news, few predicted that other corporate giants like Dell , DISH , Time Inc and Microsoft would be accepting bitcoin by the end of , each giving the currency a much-needed legitimacy boost. That few predictions really foresaw what happened in reminds us of one important fact: Never in history have people had the technology to transfer wealth instantly, anywhere in the world, without trusted third-party intermediaries or restrictions based on logistics, cost, or regulation.
What the world will do with this new ability can only be approximated by defering to history and existing models. While we salute anyone brave enough to prophesize a bitcoin future that can be reviewed 12 months from now, it's important to not rely on them too heavily when making major investment or career decisions. The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
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Using my super secret analysis, passed down from over a generations. My prediction will become true because of science and game theory, here is the proof. PNG. As you can see there was a spike in with an all time high of $ on 28th November , the price was relatively stable and then boom, . in Litecoin actually produced a significantly higher ROI than Bitcoin if you sold at the right time. It is my belief that Bitcoin will continue to rise and the Litecoin price will increase very little for a few weeks or months followed by a massive increase. This is what happened in so I'm fairly certain it will. 14 Dec Litecoin has already survived one crash before, when nearly all of its market value was wiped out. This was back in late and early , when prices dropped nearly 90%. Yet, prices recovered in the following years as we witnessed a remarkable rally. So I don't doubt for a second that it cannot survive.