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LITECOIN

In contrast with official site Litecoin is peer-to-peer cryptocurrency & open source software design released under MIT/X11 license .Former google employee Charlie Lee has created litecoin in Oct 2011..It went live on Oct 13 2011.The inspiration behind the designing of this project was basically BITCOIN & it's feature are some what identical with Bitcoin . From the previous record we can make the idea that the growth rate of litecoin is tremedeous. During the month of Nov 13 the aggregate value of litecoin gain massive growth .In view of this graph below we can make the outcome that Litecoin gains a great growth rate till now.                                   LITECOIN CHART (2013-2018) Basically Litecoin has various positive features in contrast as in aspect of speed Litecoin transaction over Blockchain in very less in contrast to Bitcoin it takes only 2.5 mins to complete the transaction.  Litecoin turned into an attractive investment position as its price rose fro
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HOW CRYPTO MARKET WILL RECOVER?

We may not think that's a very long time, but given how fast the cryptocoin market moves. Today also bitcoin is still largest crptocurrency in the market & still leading the market .The reason for  downfall of price are abundant but natural it will take some time rise but still focusing on market & seeing their the growth rate after the downfall is tremendous as its nearly about  850% growth year by year.In early stage today also user can make a good space for profit.  Roughly an asset's price won't fall far below the market's assessment of a fair price — or at least it won't stay there too long.if company stock fall on news due to their product but if company's revenue is up , the same thing happens here in past last week , we haven't seen a lot"s of sell. Usually, when Bitcoin is rising, altcoins follow. Nevertheless, it is also the other way around; when Bitcoin drops the crypto market as a whole takes a hit.Although their had been num

Cryptocurrencies: An alternative neutral currency for globalization of services

The move from metal coin & paper money to electronic wallets is in progress .                                                           While travelling around various countries, it is now possible to not have to carry fiat currency with us, and instead we do everything digitally., it has now been the case for  years that anything can be bought with a card, no matter what the value.   Day by Day we are operating via digital and mobile banking, money has moved from being ‘a thing’ we carry, to numbers we move around. In such an habitat, it is unavoidable that new types of currency will appear to challenge the historic norms. Cryptocurrencies, such as Bitcoin, takes a major step by using a pattern which reflects the underlying structure of the Internet and World Wide Web, namely a distributed pattern where the software and operating model becomes self-sustaining. So in such habitat, we believe it is more a matter of ‘when’ rather than ‘whether’ such models will impact our exi

Overview of ripple for the starter.

What is ripple ? Ripple  is a for-profit technology platform and also a cryptocurrency (XRP), developed by Ripple Labs. The company focuses on providing real-time payment settlements and currency exchange services to financial institutions such as banks and payment processors.  Over 100 companies  worldwide have adopted Ripple software to guarantee fast, frictionless transactions. Ripple is both a digital currency and a payments protocol, and it is the latter that has got people excited. Launched in 2012, XRP is different since its inception. XRP has a maximum 100 billion tokens of its currency, out of which 61 billion tokens are with the company itself. So, only 39 percent of the XRP coins are available for the market to use, transact and exchange. Features of ripple.. 1-   Ripple (XRP) takes  just 4 seconds  to complete a transaction, 2-XRP cosistently handles 1,500 transaction per second ,24x7 ,and can scale to handle the same throughout as visa. 3-Open source technolo

Bitcoin futures go bullish

The upward trend is observed in the futures market. After last December many digital assets reached record prices, bitcoin and the crypto-exchange markets as a whole were “bearish” (declining) during the first month of 2018. At that time, traders forecast a downward trend in value, a “short” market. However, according to the latest data from the Commodity Futures Trading Commission (CFTС), bitcoin futures rates show that the vast majority of contracts become “long”, demonstrating that the cost of the BTC is becoming “bullish”, that is rising. Bitcoin climbed about a great hike of $2,000 from its intraday low Tuesday, making up some of the losses it experienced from 2018's January correction.Bitcoin was trading around $7,900, after slapping a low of $5,947 a little over 12 hours ago. The world's largest cryptocurrency according to  market cap opened at just under $7,000 on the day but hit a daily high of $7,763.  Overall, bitcoin has yet to make up a significant portio

MYTHS ABOUT CRYPTOCURENCIES

On Feb 1st 2018  finance minister of India produce his annual budget of session 2018-2019 various important part was discussed , among all this important topic one of the craziest topic for now a days was also discussed i.e of Cryptocurrency.  Finance minister in his statement told "The government doesn't considered cryptocurrency as a legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or part of a payment system ". Does this statement show anything new or tells anything new about cryptocurrency ? form this perception answer is NO as government from the first day is saying this only.. Despite this various media centre and public created lots of myths about the use of cryptocurrency. Myths created  by media centre about cryptocurrency . limited knowledge of media centre has created panic in public about crypto currency ,looking back during a session in Rajya sabha on  Jan 2  2018 f

WEISS RATING.

BITCOIN has been ranked by the weiss cryptocurrency rating for the first time . But what grade did bitcoin get? Weiss rating has published has published the first bitcoin & crypto currency grades by any rating agency in the world. Synopsis: The new Weiss Cryptocurrency Ratings are the first by a financial rating agency. They are based on a original model that analyzes multiples of data points on each coin’s trading design, technology, and usage. The new global platform of cryptocurrencies has provided amazing profits to investors and holds great promise for the future. Millions of new investors have entered  in. Hundreds of self-declared experts have appeared to advise them. But the market suffers from lax standards, murky operators, marketing hype, and periodic market crashes.  Financial service rating company has first time ever rated 74 crypto currency on their basis of technology , usable pattern , design . BITCOIN , popularly known and globally traded crypt