What next ... ?
Cryptocurrency market soon to hit 200 billion ceiling?
Now that would gain some attraction.
For me Steem has been a new way of mining, that I called Fruit Of Work {FOW}, a long way back. A new kind of blockchain idea. Something of what I first though was improbable to function. Too much data to get updated every 10 minutes and even 1 one minute block would be a burden. When I came to understand that Steem used a different way to create a chain of blocks, I was sold. This was blockchain 2.0 and it looked like its relative EOS would become blockchain 3.0, and I was there to witness it! Not only that with Steem I could actually create value by posting on its Social Media platform. And at any time pluck the fruit of my labour. Somewhere I read we now are with 300.000 Steem members and I started with number 9.909 at his platform. Where the price of Steem has been as low as 7 cents and way over 4 USD at some short time.
And now slow and steady with the occasional bump in the road Steem looks like it is on a way back up. And it might be moving towards the next jump ahead. It has been undervalued, parly due to the clone war at the Bitcoin realm. Yet now SegWit is a fact, and Core seems to be the winner, attention can flow back to Steem. With the upcoming week there will be some great news to be shared by the Steem dream team, things my really take off after that. And not only Steem is doing well, with more fun ahead, Litecoin seems to be on the move again. Finally, I would almost state, yet on the other hand, I still want to buy more LTC, so I hope it will move a bit more slowly. After I bought more, it may rocket through the next ceiling, 100 USD might be a fine next one.
Litecoin might get a bigger role as it seems more stable than Bitcoin right now. Also Litecoin is free of clone wars and still low in price, compaired to BTC and others. Steem is even more cheap, quite a lot that is. For some things LTC is for me a better choice. Also because I want to spread out things a bit for the long term. Buying Bitcoin for on a low budget looks to become tougher by the day and I think this will become even extremly costly in the months to come. So cryptos like Litecoin, Vertcoin and Digibyte can become quite more popular as they are part of the SegWit activated family, connected to Bitcoin {the real BTC}. Steem is in another part of the cryptos multiverse, where blocks are being made like 3-2-1-DONE. And there is potential too, even though sidechains will open doors to new applications on the SegWit based blockchains too.
One thing that I really hope for to be the great Steem news ahead is that they managed to make it the first multi-threading and tasking blockchain. Now that means Steem will show what EOS can do with Smart Contracts in 2018. Which is good for confidence in EOS. But for Steem as a platform this means blockchain lightspeed became real, as a methaphore of course. It would go to far if I would state I would be disappointed if that was not the great Steem news. Because if Steem Community Tokens were to be announced I would be very glad too. Anything else I can hardly imagine to be worth calling big news. Yet, the build up is there and that will probably move up the price of Steem towards 2 USD in value and beyond.
Still, remember, only to invest in cryptos what you are willing and able to lose. And your speculation might be as bad or as good as mine.
Have a great one!
With Litecoin and Steem, it is a win-winning team.
image cc-by-sa @oaldamster
Ha-ha. Fruit-of-work, nice!
Regarding Litecoin, I've noticed more and more people using it to move money between exchanges, especially as you can then change it directly into fiat.
Keep an eye on the transactions count - see the following:
https://bitinfocharts.com/comparison/litecoin-transactions.html
The number of transactions per 24 hours is close to an all time high, albeit from a low base, which means people are now starting to use the coin to move money.
Thanks for the transactions reference
Thank you for sharing that link and your insights on Litecoin.
This is a good sign for Litecoin and its value. If this trend keeps going this way the market price for LTC might soon go through the next ceiling. :-)
Steem on the rise maar sbd :(
That one has been worse, now it is just a few cents below 1 USD.
I love these two.
This post received a 1% upvote from @randowhale thanks to @vysmek! For more information, click here!
Me too!
Still learning and understanding more and more, thanks.
Glad to know, it is my pleasure!
As we see now, LTC is increasing bit by bit now rocketing up. While the steem playing as roller coaster up and down. But as of this month steem stay on its new mark and thats good. In my opinion, if the signup of new of new member become constant. Then at the end of the year, steem will reach a new mark of 10 usd. Same with LTC, if BTC stay unstable, LTC will get a new high, let say more 100 usd.
Well, those numbers I would be happy to see become real! :-)
I believe steem can exceed all crypto currency in value ...check my blog
not if the whales keep trolling the market for personal gains...
Maybe, we'll see.
Do not know that, but it sure has a lot more potential. My speculation is at least 12 USD, but that could still take a while.
It can exceed that,steemit is a social media platform and its currency can be said to be steem....and steemit has a great potential to dominate over the world
Hence:the higher the dominance of steemit...the higher the usage and demand of steem...infact it can beat bitcoin in the future!!
That is quite optimistic I think, but it would be great if it did! :-)
Litecoin is stable at a high volume for a longer period of time. Litecoin will be the safest altcoin in the future.
Best reards Thor
Litecoin is a steady easy going crypto, even goes to new ATHs without too much fuzz about it. Transactions on the rise, faster and cheaper than Bitcoin.
Still one to buy and knowing in long term it will grow in value.
Sometimes it is the silent ones to keep your eye on. While the others are in a hectic struggle for the top 3.
Darn, was looking at LTC for some days, but failed to buy; Then those two jumps last 24hrs :( Same with Wings, wanted to buy at 15, then decided to wait a little based o advise from other to wait until it would drop to 10, and then this jump up. I think I also get myself a bit more NEO, with the jump down based on the news about the ICO of some coin on NEO and the block for chinese investors to participate in NEO, and the Chinese government want to take a good look at all these ICOs, I think NEO will start bringing better coins to the market only in the future, therefore becoming a much more clean network over Ethereum.
Difficult to find the right moment to buy. ;-) Looks like one jump after another is coming. It does not seem the question if the total market will go through the 200 billion ceiling, but when.
Have not taken a deeper look at Neo. Too many things going in the cryptos realm to keep up with for me. :-)
The market seems to be again in complete euphoria, jumps of 20-40% are not uncommon. However, I do not sell now at the peak of the jump, so most of the gains evaporates again, and then the next jump comes again. Maybe I should try to get some more BTC value by actually selling right after the jump, wait for a day and buy again. First my Friesland adventures and then back to coins again.
Currently holding for long term, still at the island, back home tomorrow. Next week things start to go routine again.
Have a great time at the Frisian waters.
Thanks! Enjoy your ast day at the Island!
Thanks, it is lovely weather, will be tough to leave Schier behind again.
Can imagine! But when staying at one place too long, it becomes home and it becomes normal, and normal becomes somehow a bit boring.
You should take a look here and reclame your first Steemit Tokens :)
https://steemit.com/pocket/@biophil/genesis-pocket
Thanks for sharing that Juan, will give it a shot. ;-)
Nice post. Thanks for your thoughts on Steem and LTC :) They are my favourites too...
Thank you, glad you like it!
May they both rise soon beyond belief! :-)
Hope so!
Fruit-Of-Work it is!!!
Indeed! :-)
Good content. Whale done!
Solid article. Same mindset here. The blockchain is here to stay. No matter what any crypto will do in the upcoming years. I think that's a conclusion we can make by now. Besides coinmarketcap.com there is: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. See: https://www.coincheckup.com/coins/Litecoin#analysis To check Litecoin Detailed report.