Important: This position should not be considered as an investment council. The author focuses most on coins in terms of real use and adoption, not from a financial or investment perspective.
In 2017, cryptographic markets set a new standard for simple income. Almost every piece or chip makes an incredible return. “Rising tides are hurting all boats,” they say, and the end of 2017 is a flood. Rising prices have generated a positive feedback cycle, attracting more Crypto capital. Look, but inevitably, this strong market is leading to a huge investment. Money is thrown away without prejudice to all sorts of questionable projects, most of which do not bear fruit.
In today’s environment, hype and greed are replaced by a critical analysis and discretion. Especially for those who have lost money, sales promises, endless shillings, and charismatic oratorios are no longer enough. Thus, the main reason for buying or holding a coin is Paramount once again.
Key factors in evaluating a cryptocurrency-
There are a number of factors that can counteract the hype and bomb prices, at least in the long term:
Even if the technology of a cryptocurrency or ICO business plan seems strange without a user, they are just dead projects. It is often forgotten that widespread acceptance is an important part of money. In fact, it is estimated that more than 90% of the value of Bitcoin is an activity of the number of users.
While the Fiat acceptance is handed over to the State, the acceptance cryptography is entirely voluntary. There are many reasons to decide to accept a coin, but perhaps the most important consideration is the likelihood that others will accept the coin.
Decentralization is essential for the I push Model of a real cryptocurrency. Without decentralization, we have less of a Ponzi scheme than a real cryptocurrency. Trusting individuals or institutions is problem-solving in solving a cryptocurrency.
If the disassembly of a coin or a central operator may alter the transaction record, it questions basic security. The same applies to parts that have not been proven code that has not been tested well in many years. The more you rely on the code to work as described, regardless of human influence, the greater the security of a coin.
Valid coins seek to improve their technology, but do not spend on safety. Real technological advancement is rare because it requires a lot of skill — and also ingenuity. Even if there are Always fresh ideas that can be screwed up, if doing so puts weaknesses or critics in the original purpose of a coin, the point is lost.
Innovation can be a difficult factor to explore, especially for non-technical users. However, if a monetary code crashes or does not receive updates that address important issues, it can be a sign that developers are not weak on ideas or motivation.
Economic incentives with a currency are easy to understand for the average person. If a coin has a large pre-mine or an ICO (introductory offer) the team holds a significant portion of the chips, as if it were clear that the primary motivation was revenue. By purchasing what the team offers, you play your game and enrich it. Be sure to provide a tangible and reliable value instead.
5 cryptocurrencies will be purchased in 2018
There has never been a better time to revisit and evaluate a cryptographic portfolio. Consistent with their solid foundation, here are five pieces that I think should remain or perhaps buy at their current depressing prices (which, just a warning, may be short).
# 1. Bitcoin (due to its decentralization)
Number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the most speculation, the most security (due to the strange consumption of Bitcoin mining energy), the most famous brand identity (forks try to be appropriate), and most of the progress Active and reasonable. This is also the same fragment so far represented in the traditional market in the form of Bitcoin futures trading by American CME and CBOE.
Bitcoin remains the main machine; Making all the other features has to do with making Bitcoin. My own expectation is the gap between Bitcoin and most — if not all other components expand.
Bitcoin has many good innovations in the pipeline that will soon be installed as additional layers or soft forks. Examples of Flash system (LN), wood, Schnorr signature Mimblewimbleund even more.
Specifically, we plan to open a new ranking application for Bitcoin, as it allows for bulk, microtransactions and instant and secure payments. LN is even more robust as users try out their various possibilities of real Bitcoin. Because it is so much easier to use, it can be considered beneficial from adopting Bitcoin.
# 2. Litecoin (due to its continuity)
Litecoin (LTC) is a Bitcoin clone with various hash algorithms. Even if Litecoin no longer has Bitcoin anonymity technology, strange reports show that Litecoin’s adoption in the dark market is now second, the only bitcoin. Even if a penny is more than I deserve for the duty of procuring illegal products and services, it may prove to be a consequence of Litecoin’s longevity: It was launched at the end of 2011.
Another factor in favor of Litecoin is the integration of Bitcoin SegWit technology, which means that Litecoin is ready for LN. Litecoin can benefit from the exchange of atomic chains. That is, ensuring the peer-to-peer trading of currencies without third party participation (ie exchange) participation. Because Litecoin hides its code mostly linked to Bitcoin, it is well positioned to take advantage of Bitcoin’s technical advances.
# 3. Ethereum (due to intelligent contracts)
Ethereum (ETH) has some major problems right now. First of all, governments break the ICO, and rightly so: many have become fraudulent or bankrupt. Since most icos run the Ethereum network as an ERC 20 token, the ICO wonder has brought a lot of value to Ethereum in recent years. If the right rules are taken to protect investors Ethereum scams projects can gain a certain legitimacy as a crowdfunding platform.
The second major problem Ethereum faces is the delayed transfer of a new hybrid work and battery detection system. Ethereum mining is now profitable, but Bitmain has announced the Ethereum ASIC minor, which is likely to have an impact on the lower line of GPU miners. It remains to be seen whether this will change the POW — and what the success of this change will be.
If Ethereum can survive on these two main problems — regulation and mining – it will show a good stability. Otherwise, there are many competing currencies that follow its shadows, such as Ethereum Classic (ubp), Cardano (ADA) and EOS.
# 4. Monero (because of his introduction)
Even if its adoption of the dark markets is not all that is expected, I (XMR) remain the Prime Minister’s privacy. His reputation and market capitalization are still with his opponents — and for good reason.
Monero’s code requires less reliance on Zcash’s “loyal” ceremony, and has a fair start, unlike Dash. Monero recently redesigned its Pow to defeat the development of a small ASIC for its algorithm that proves the commitment to the piece of decentralization of mining. A significant reduction in hash rate due to the new version, which is often reported against ASIC. It could also be a time for GPU and even small CPUs to get me back. The new version of Monero, 0.12, also includes other improvements that show that Monero continues to grow in line with sensitive lines.
# 5. IPronTO (A decentralized immersion platform)
IPronTO is an Ethereum chain incubation platform dedicated to investors looking for a safe and reliable platform to invest in new ideas and future promoters who can present their ideas and receive opinions from of users, experts in the field of practice and implementation of acquired ideas.
The ideas of the innovators are supported while the NES in Smart Contract format is signed between the expert platform and the customer if the business idea of the client for the Committee for the examination and registration of the platform. The idea will not be published for all users of the public chain platform, but only for selected members of the target community who are willing to sign a Smart contract to maintain the confidentiality of the idea.