BUZ INVESTORS  ETHUSD Eyeing Break Ethereum price correction was a good thing against the US Dollar and Bitcoin, and now ETH/USD is back in the bullish zone

What Made Bitcoin and Ethereum Turn Around?

Bitcoin Prices/Ethereum Prices Rebound

Ethereum Turn Around Aaaand…they’re back. It hasn’t been too long since they crashed

FOREX INVESTORS Ethereum Turn Around Aaaand…they’re back. It hasn’t been too long since they crashed, yet Bitcoin and Ethereum are shooting skywards with resounding force. On Tuesday, for instance, BTC prices shot up 8.85%. ETH prices shot up 33.76%. And just for good measure, Ripple rose 13%.

What happened? I remember crypto-bears telling me that Bitcoin and Ethereum are doomed. I remember them saying that the crypto bubble is finished, and that we need to stop talking about blockchain technology. Seriously, where did all those people go?

After getting really popular really quickly, technologies tend to crash. It’s a matter of human psychology, you see. There are several waves of investors that pile into the stock, and with each new layer, fervor and optimism inch closer to a tipping point.



Ethereum Turn Around

 

At that point, the optimism collapses, “shaking out” investors that weren’t seriously in it for the long haul. You know the type. The weekend investors that hear about Ethereum or Bitcoin, but don’t do any research at all. They just throw money at it hoping to get rich.

The broader principle is well-known too. I call it the “shake-out,” Gartner, Inc. calls it the “Hype Cycle.” The name doesn’t matter. What’s important is that it is a standard trend, which means that it can be put under the microscope.

Market Cycles, Booms, and Busts

So don’t panic too much if the Bitcoin price and Ethereum price take a hit. They are market leaders in their particular corner of the technology sector, which means they are likely to come out of the slump with greater market share.

So when the next bullish cycle arrives, you might find them attracting a larger percentage of the total cash flooding into the industry.

The first round of bandwagoners. These are the copycat VC firms. They are trend-followers. Like leeches, they grab onto the best-performing startups before an IPO. They probably don’t even have a relationship with the company, or a deep understanding of what makes the company special. They just got in because the going was good. But when the going gets tough, these firms will be among the first to leave. In fact, they’ll probably be the first to exit after an IPO.

IPO and keep the hype machine going. At this point, the technology is not getting any more money from VCs, so they go to the public instead. Meanwhile prices continues to skyrocket, Some of the bandwagoners sell—the first signs of weakness are starting to show. Watch out at this point, because the crash is coming.

Prices crash, the fittest survive. In this crash, the losers either vanish or are gobbled up by the winners. Market power consolidates in the hands of the winners, and those with any sense of the long game stick through for the real value generation.

 

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Bitconnect Coin Price Last month on the 10th of June, the Bitconnect coin, better known to the community as BCC, reached an all-time

Bitconnect Coin Price Reaches All-Time High in June, Briefly Surpasses Growth Rate of Ethereum

Bitconnect Coin Price Reaches All-Time High in June, Briefly Surpasses Growth Rate of Ethereum

Bitconnect Coin Price Last month on the 10th of June, the Bitconnect coin, better known to the community as BCC, reached an all-time

FOREX INVESTORS BUZZ PRESS RELEASE Bitconnect Coin Price Last month on the 10th of June, the Bitconnect coin, better known to the community as BCC, reached an all-time high price at $59.24. The price of BCC increased from $1.76 to $59.24 within a three-month period, recording a staggering growth rate of 3,265 percent.

Since the beginning of 2017, the cryptocurrency market demonstrated an exponential growth rate, achieving a historic milestone on June 9 by surpassing $100 billion in market cap. Prior to this recent dip, the cryptocurrency market cap was valued to be $113 million at one point, with Bitcoin capturing 37.8 percent of the market.

“The fact that these gains have come from currencies other than Bitcoin are a good sign that this is less of a bubble and more of a resurgence of interest in crypto,” said Techcrunch journalist Fitz Tepper.

A major catalyst that contributed to the rapid growth of the cryptocurrency market was the global adoption of Bitcoin and Ethereum, two of the largest cryptocurrencies with a combined market cap of $77.6 billion. Since mid-2016, the demand toward Bitcoin as a safe haven asset and digital gold surged as mainstream media outlets began to provide extensive coverage on its performance.

 



Bitconnect Coin Price

International newspapers including the Wall Street Journal continuously featured Bitcoin on their front page, comparing the price trend of it to that of gold and the US dollar, the world’s largest asset and reserve currency.

As interest and demand toward digital currencies such as Bitcoin and Ethereum increased, a growing number of investors started to take interest in other cryptocurrencies in the market such as Litecoin, Ethereum Classic and Bitconnect that are amongst the largest cryptocurrencies and networks.

At the time of reporting, the market cap of Bitconnect, a crypto-network better known for its bitcoin lending platform, remains at around $346 million, making the Bitconnect network the 22nd largest cryptocurrency and blockchain network globally (editor’s note: the Bitconnect network is now ranked 10th).

Bitconnect’s three-month growth since April has been larger than that of most cryptocurrencies including Ethereum. Since April, Ethereum has recorded a 858.9 percent increase in price, from $39 to a peak at $374, triggering the interests of investors that have become enthusiastic of the launch of the Enterprise Ethereum Alliance (EEA) and the rise of initial coin offerings (ICOs).

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Easiest Cryptocurrency to Mine The cryptocurrency revolution has arrived. With Bitcoin (BTC) hitting all-time highs, peaking at one point around $3,000 per unit

Why Ethereum Could Become the Easiest Cryptocurrency to Mine

Why Ethereum Could Become the Easiest Cryptocurrency to Mine

Why “the Easiest Cryptocurrency to Mine?” Is the Wrong Question  

Easiest Cryptocurrency to Mine The cryptocurrency revolution has arrived. With Bitcoin <span data-recalc-dims=(BTC) hitting all-time highs, peaking at one point around $3,000 per unit" width="300" height="212" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/07/Ethereum-300x212-Small.jpg?resize=300%2C212 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/07/Ethereum-300x212-Small.jpg?w=679 679w" sizes="(max-width: 300px) 100vw, 300px" />

FOREX INVESTORS BUZZ  Easiest Cryptocurrency to Mine The cryptocurrency revolution has arrived. With Bitcoin (BTC) hitting all-time highs, peaking at one point around $3,000 per unit—and Ethereum (ETH) going from around $10.00 to over $400.00 in under a year—these two leaders in the cryptocurrency market are making the case that they are some of the most lucrative investments in 2017.

But one of the most important developments in the cryptocurrency trade right now is finding the easiest coins to mine. In fact, the easiest cryptocurrency to mine is going to be a game-changer, because whichever online currency can manage that will ultimately become the cryptocurrency of choice for the world at large.

In the case of Bitcoin mining, for instance, the process involves a third party helping a transaction go through by interacting with the blockchain. In order to do that, they need their computers to solve a complex set of math problems that increase in difficulty depending on how many miners are currently working, and decrease in difficulty if there is a dearth of miners working.



Easiest Cryptocurrency to Mine

 

While the process is time-consuming and costly, the reward for helping that transaction go through is a Bitcoin. Not a bad trade, all things considered. Except that mining is by no means a cheap endeavor. Cryptocurrency mining takes a very strong computer, as well as a large amount of energy to power said computer.

One projection argues that Bitcoin transactions may consume as much electricity by the year 2020 as the entire nation of Denmark. (Source: “Proof of Work vs Proof of Stake: Basic Mining Guide,” BlockGeeks, last accessed July 12, 2017.)

Cryptocurrency Mining Hardware 

As explained, there is a high barrier to entry when trying to mine for BTC and ETH, as well as severe energy costs. They are not the easiest coins to mine, but they are your best bets if you’re dead-set on going that route.

But a better alternative may be to look at what Ethereum is doing. The company has mentioned that it is looking into changing the way it handles mining from a proof-of-work model to a proof-of-stake model.

Essentially, instead of having miners compete, a third-party peer would be selected to help the process along. They will make a security deposit so the exchange would be done in good faith, and the process will be many magnitudes more efficient, cost-effective, and speedy.

At that point, Ethereum would become the easiest cryptocurrency to mine. With ETH becoming the easiest coin to mine, expect the value of ETH to rise accordingly.

This all makes Ethereum potentially one of the best investment opportunities in the cryptocurrency market, with huge growth on the horizon if this mining process switch is implemented correctly.

Ethereum price

(Data source: “Ether Historical Prices (USD),” Etherscan, last accessed Juy 12, 2017.)

Best Cryptocurrency to Mine with CPU 

With the Ethereum changeover expected to happen sometime in 2017, that would make ETH a good cryptocurrency to mine in 2017. Not only will the cost of production of a ETH be lowered, and therefore make the mining process more profitable overall, it will be streamlined and simplified, making this one of the best potential cryptocurrency mining opportunities out there.

With Ethereum, you get a rising cryptocurrency with a decent amount of support already in the market, where ETH is one of the more trusted options available.

 

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Prices of both Ethereum and Bitcoin slumped on Tuesday amid investor fears that both cryptocurrencies were poised for steeper declines.

ETHEREUM AND BITCOIN ON TRACK FOR WEEKLY LOSS

ETHEREUM AND BITCOIN ON TRACK FOR WEEKLY LOSS

 The sell-off in both Bitcoin and Ethereum continued Friday, as investors appeared reluctant to take advantage of the dip in both cryptocurrencies

FOREX INVESTORS BUZZ     The sell-off in both Bitcoin and Ethereum continued Friday, as investors appeared reluctant to take advantage of the dip in both cryptocurrencies amid bearish sentiment.

On the U.S.-based GDAX exchange, BTC/USD fell to $2199.4, down $128.1.6 or 5.51%.

Bitcoin dipped below $2,200 for the first time in nearly four weeks, after analysts poured cold water on the future prospect of the digital currency amid a lack of demand from merchants willing to accept bitcoin as a form of payment.



Bitcoin and Ethereum

 

“Bitcoin owners are reluctant to use the cryptocurrency given its rate of appreciation,” analysts at Morgan Stately wrote in report. “Bitcoin acceptance is virtually zero and shrinking,”

Ethereum followed Bitcoin lower, falling to 195.40, down 6.21%. The second best capitalized digital currency remained on track to post a fourth-straight weekly loss.

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Hold Ethereum With the cryptocurrency wars currently underway, two massive networks of peer-to-peer currencies are vying f

Hold Ethereum for the Long Term

Hold on to Ethereum for the Long Term

Ethereum Price Prediction 

Hold Ethereum With the cryptocurrency wars currently underway, two massive networks of peer-to-peer currencies are vying f

FOREX INVESTORS BUZZ  Hold Ethereum With the cryptocurrency wars currently underway, two massive networks of peer-to-peer currencies are vying for supremacy: Bitcoin (BTC) and Ethereum (ETH). Seen as the newer upstart, Ethereum is perhaps more exciting for investors who are looking to get in during the early goings-on.

The Ethereum price prediction is one of the most talked-about aspects of the cryptocurrency, as investors wonder just how high (or low) it can go. One thing is certain: no matter what side you fall on, there’s money to be made in ETH. The question is, do you sell fast or hold long?

Ethereum Price Chart 

Anyone who is looking to invest in cryptocurrencies must know that there is a lot of volatility, and ETH is no exception. The online currency lost about half of its value in the last month, peaking at about $400.00 per unit before falling to about $190.00. These types of swings are par for the course when it comes to this sector.

With the price as low as it is right now, this could be an excellent time to buy if you’re willing to hold long enough to experience the uptick.

Hold Ethereum

Ethereum Price Chart

 

Consider the massive panic attacks that swept across the ETH world when its whiz-kid creator, 23-year-old Vitalik Buterin, was rumored to have died in a car crash. The panic led to an approximate $4.0-billion loss in value of the cryptocurrency—all because one person was thought to have died. (Source: “Fake news of a fatal car crash wiped out $4 billion in ethereum’s market value yesterday,” Quartz, June 26, 2017.)

Just take a look at Ethereum’s closest rival and best analogue, Bitcoin. In 2013, the value of a BTC unit shot up from below $100.00 to over $1,100, only to decline to $700.00 nearly as quickly. After that it continued to fall for the next two years. One of the big reasons for the massive drop-off was the infamous Mt. Gox attack that saw the world’s largest Bitcoin trading exchange, Mt. Gox, lose almost $500.00 million worth of Bitcoin. It’s all reflected in the Bitcoin price chart history.

Bitcoin price chart

 

The moral of the story, though, is that, while the hack derailed the cryptocurrency for a good while, BTC did eventually recover (at one point peaking above $3,000), and now it sits above $2,300. ETH can be an equally successful investment; it just requires patience, steadfastness, and nerves.

When Will Ethereum Switch to PoS? 

Which brings us to another interesting development in the Ethereum price prediction: the switch from proof-of-work (PoW) to proof-of-stake (PoS).

The Ethereum switch to PoS will be one of the biggest events that the cryptocurrency world has experienced so far, with wide-reaching implications for ETH, BTC, and the whole idea of cryptocurrencies in general.

For a quick refresher, the change to PoS centers on Ethereum users looking to do away with the mining model that BTC employs, which is PoW.

BITCOIN, ETHEREUM PUSH HIGHER Prices of Bitcoin and Ethereum were higher on Thursday, but struggled to make headway

BITCOIN, ETHEREUM PUSH HIGHER, STRUGGLE TO MAKE HEADWAY

BITCOIN, ETHEREUM PUSH HIGHER, STRUGGLE TO MAKE HEADWAY

BITCOIN, ETHEREUM PUSH HIGHER Prices of Bitcoin and Ethereum were higher on Thursday, but struggled to make headway

FOREX INVETORS BUZZ  BITCOIN, ETHEREUM PUSH HIGHER Prices of Bitcoin and Ethereum were higher on Thursday, but struggled to make headway amid persistent concerns that cryptocurrencies are facing a period of correction after recent record rallies.

Bitcoin rose $38.6 or 1.65% on the U.S.-based GDAX exchange operated by Coinbase to $2,376.0 by 05.17 AM ET.

Bitcoin has struggled to regain momentum since hitting a peak of $3,000 in June.

Analysts at Morgan Stanley on Wednesday warned that rather than buying Bitcoin, owners need to be spending it.

“Bitcoin owners are reluctant to use the cryptocurrency given its rate of appreciation,” the team of analysts led by James Faucette wrote in a report.

“Bitcoin acceptance is virtually zero and shrinking,” the team warned.



BITCOIN, ETHEREUM PUSH HIGHER

FOREX INVETORS BUZZ

“The ecosystem has focused more on value speculation rather than the foot leather-eating work of increasing acceptance,” the team wrote, adding that this focus has made it “way easier to trade speculatively than convince new merchants to accept the cryptocurrency.”

The report comes at a time when many analysts are warning of a bubble in cryptocurrencies which have hit all-time highs this year.

Meanwhile, Ethereum ticked up to $209.3, up $4.32 or 2.16% for the day.

Ethereum notched its third weekly loss in a row last week and prices are down almost 55% since peaking at an all-time high close to the $400-level in mid-June.

Other cryptocurrencies such as Litecoin and Ripple were mixed.

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Prices of both Ethereum and Bitcoin slumped on Tuesday amid investor fears that both cryptocurrencies were poised for steeper declines.

ETHEREUM AND BITCOIN STRUGGLE TO PARE LOSSES AMID CORRECTION JITTERS

ETHEREUM AND BITCOIN STRUGGLE TO PARE LOSSES AMID CORRECTION JITTERS

Prices of both Ethereum and Bitcoin slumped on Tuesday amid investor fears that both cryptocurrencies were poised for steeper declines.

FOREX INVESTORS Prices of both Ethereum and Bitcoin slumped on Tuesday amid investor fears that both cryptocurrencies were poised for steeper declines.

On the U.S.-based GDAX exchange, BTC/USD fell to $2,347.3, down $52.1 or 2.16%. The popular digital currency has drifted lower from its peak of $3,000 achieved in June.



BITCOIN STRUGGLE

FOREX INVESTORS

Meanwhile, Ethereum mirrored bitcoin’s move lower, falling to $193.61, down 10.15%. Ethereum traded below $200 for the first time since May 30.

Ethereum market capitalization has slumped in recent sessions, falling to $18 billion, well below bitcoin’s $38 billion, dashing investor hopes that the Ehtereum would be alternative cryptocurrency that usurps bitcoin as the largest and best capitalized blockchain – a phenomenon referred to as “the flippening”.

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Monetha Challenges PayPal – Ethereum blockchain based mobile payment processing company Monetha, is powered by smart contracts with

Monetha Challenges PayPal’s and Trustpilot’s Status Quo with the Ethereum Blockchain

Bitcoin Press Release: Blockchain startup Monetha offers a more efficient and safer crypto-payment gateway system through Ethereum-based payments, announces ICO date.

 Monetha Challenges PayPal – Ethereum blockchain based mobile payment processing company Monetha, is powered by smart contracts with

FOREX INVESTORS Monetha Challenges PayPal – Ethereum blockchain based mobile payment processing company Monetha, is powered by smart contracts with a decentralized trust and reputation system. Monetha’s service offers a faster, safer, and cheaper, decentralized payment gateway alternative to the current system employed by most of the today’s retailers and merchants. Monetha is best summed up as a combination of PayPal and Trustpilot, run on the Ethereum blockchain. The fintech company has announced its upcoming ICO campaign, which will commence on the 22nd of August 2017.

Monetha’s decentralized trust and reputation system (DTRS) uses smart contracts that integrate flawlessly with the payment processor. It is designed to build trust between buyers and sellers by recording vital information like product warranty and more regarding the transactions on the blockchain. An inbuilt algorithm analyzes the reputation of the users and assigns trust rating to each party. The trust rating is constantly adjusted based on the reviews, records on claims and disputes and more. By doing so, it solves the trust problem associated with transactions, especially when it comes to online purchases on domestic and international sites. It solves the lifelong trust problem between the parties, helping them avoid pitfalls like scams, charge-backs, and faulty goods, etc. Apart from e-commerce, Monetha’s decentralized trust and reputation system is also compatible with retail applications.

The co-founder and business lead at Monetha, Justas Pikelis said,




 FOREX INVESTORS

Monetha Challenges PayPal

 

 

“We are very excited to start the revolution of global commerce by bringing trust and efficiency for both the merchants and the clients.”

Users can purchase products from all over the world in any Ethereum-based cryptocurrency and Monetha will automatically convert their chosen cryptocurrency back into a fiat currency of their choice. The platform generates a QR code that can be scanned by cryptowallets for making payments, and once the transaction is initiated, the merchant will receive the funds in typically under a minute, and they have to pay no more than 1.5% as commission.

Monetha’s system is both easy, fast and cheap, compared to the current centralized alternatives. Monetha’s unique service guarantees all parties safety through the Ethereum blockchain and the ability for both parties to give each other ratings, to help improve their reputation.

Despite the presence of a range of payment gateways and processing service providers, merchants continue to face a lot of issues due to multiple steps (up to 15 steps at times) involved in the process, starting from setting up to settlements. Also, the transaction and services fees associated with traditional gateways are generally at the higher end. Merchants usually end up paying anywhere between 2% and 6% per transaction. Whereas, the Monetha service involves a single step and costs a fixed transaction fee of 1.5%.

Monetha also offers an added advantage in terms of processing time, which might vary with conventional payments solution providers. The waiting times for processing payments on standard gateways range from minutes to hours or even days. They also come with complex claim and chargeback procedures which could prove costly to the merchants. Meanwhile, payment processing on Ethereum blockchain is 10,000 times faster at 20% the price.

Monetha Co-Founder and Head of Technology Andrej Ruckij summing up what Monetha means to merchants said,

“With no centralized Authority, it’s literally like a merchant becoming his own bank.”

Monetha’s mission is to become a strong force in the global commerce, offering a reliable, transparent and decentralized payment gateway to all users worldwide.

Launching in January 2017 Monetha has a meticulously thought out roadmap leading to 2019 when its services aim to reach full maturity. Currently, in phase two, Monetha has already put together a capable team, finished strategizing and gone through comprehensive prototyping. The phase three in the company’s timeline involves the launch of its token sale, starting 22nd of August 2017, which they believe will be a significant step towards turning the minimum viable product into a finished product.

Monetha’s decentralized trust and reputation system takes every facet of traditional e-commerce and retail and improves on it. With their groundbreaking, unique service and a successful ICO Monetha has the potential to revolutionize the way payment systems function around the world.

Learn more about Monetha at – http://www.monetha.io
Access Monetha whitepaper at – http://www.monetha.io/static/media/Monetha_White_Paper.050930a4.pdf
Follow Monetha on Facebook – https://www.facebook.com/Monetha.io
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 Bitcoin and Ethereum pared losses on Wednesday, after falling to session lows amid growing investor fears of further selling pressure in both cryptocurrencies.

BITCOIN AND ETHEREUM TURN POSITIVE BUT REMAIN UNDER PRESSURE

BITCOIN AND ETHEREUM TURN POSITIVE BUT REMAIN UNDER PRESSURE

 Bitcoin and Ethereum pared losses on Wednesday, after falling to session lows amid growing investor fears of further selling pressure in both cryptocurrencies.

FOREX INVESTORS    Bitcoin and Ethereum pared losses on Wednesday, after falling to session lows amid growing investor fears of further selling pressure in both cryptocurrencies.

On the U.S.-based GDAX exchange, BTC/USD rose to $2,605.1, up $34.6, or 1.35% while Ethereum added 1.99% to $272.81.

 

 




Bitcoin and Ethereum

 

Growing investor fears that bitcoin could come under further selling pressure have continued to dominate trading moves in the digital currency since it fell from its peak of $,3000 achieved in June, as analysts warn that a correction is likely before a new peak is established.

Sheba Jafari, the head of technical strategy at Goldman Sachs, said last week that a correction period in bitcoin “shouldn’t go much further than 1,857” but added that “there’s potential to extend as far as 3,915”.

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