Category Archives: Altcoin

Crypto Conundrum: Bullish Bitcoin Price Action Halts Altcoin …

Overnight last night, Bitcoin price made another strong bullish advance through resistance at $5,400, following a massive crypto rally earlier in the month that set the bullish tone for the rest of the months price action. While Bitcoin is more bullish than its been since its all-time high of $20,000 back in December 2017, altcoins, which had been experiencing massive gains in price over the last few months, have suddenly turned extremely bearish.

Across social media, crypto analysts are issuing warnings on how to handle altcoin investments in the face of renewed bearish sentiment, and offer insight into what this means for the rest of the crypto market.

While Bitcoins first large movement through resistance at $4,200 that resulted in a nearly $1,000 upward movement over the course of an hour brought altcoins along with it for the ride, this most recent move has caused an increasing amount of bearish sentiment surrounding Bitcoins crypto cousins.

Related Reading | 2019 Crypto Alt Season Kicks Off With Over 20 Altcoins Doubling in Value

Many altcoins are still posting small percentage gains across the board in USD value, though nearly the entire market in value relative to Bitcoin has sank considerably. Any alts that only have a trading pair with BTC were hit exceptionally hard. Nano, Tezos, and a few other outliers managed to grow in relation to BTC value, however the rest of the market is a sea of red.

One particular crypto analyst, DonAlt, in a tweet hinted at the downside potential for altcoins as falling as much as 30-50% as Bitcoin rallies further. The trader says that alts nuking is a good thing as itll make the next alt season that much sweeter.

Some altcoins, such as Ethereum and Ripple, have underperformed relative to Bitcoin over the last few months. If Ripple fell another 30-50% from here, itd set new bear market lows, as Bitcoin enters what could be the start of a bull run.

Another prominent trader has recommended that crypto investors cease buying the dip across altcoins, and instead suggests that traders sell each bounce at support.

In an EOS chart accompanying the tweet, support is clearly shown as being broken. And each time support broke previously on the chart, resulted in a deep decline for EOS. While the exact price action wont play out across all altcoins, many charts do appear similar in structure, and often the entire altcoin market moves in parity.

Related Reading | Bullish Bitcoin Price Formation Hints At Short Term Move Above $6K

For a few weeks there, crypto analysts were watching Bitcoin dominance for a break below 50% which could have sparked an all-out altcoin season, while Bitcoin consolidated further. Instead, BTC dominance rebounded and is currently sitting at 53.5% which is responsible for the bleeding witnessed across the altcoin space.

If DonAlt is right about the next altcoin season being that much sweeter due to the impending decline across the alt space, further accumulation at the bottom of the coming range could end up being a profitable investment for the long term as crypto markets begin to build hype once again.

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Crypto Conundrum: Bullish Bitcoin Price Action Halts Altcoin …

Altcoin Season 2019 Thrives: Everex (EVX) Leading Binance …

As this years altcoin season continues to flourish, yet another altcoin has marked tremendous gains in a short span of only two consecutive days.Everex (EVX) has recorded gains upwards of 275% over the last two days.

On March 24th, EVX was trading at around $0.29. At the time of this writing, the cryptocurrency sits at $1.23, marking an increase more than 300% in the last 48 hours. EVX has a market cap of a little more than $27 million, making it the 140 largest cryptocurrency in terms of total market capitalization.

Not only is this the higher price EVX has been trading at in 2019, but its also the cryptocurrencys 10-month high.

The primary source of liquidity and main market of EVX trading seems to be Binance the worlds leading cryptocurrency exchange. It reports an EVX/BTC traded volume of more than $145 million in the past 24 hours, accounting for almost 92% of the total trading volume EVX saw in this period.

Besides it being an altcoin season, which typically favors violent altcoin price movements, the primary reason for EVXs pump can be associated with recently published news.

Everex announced that their project has managed to receive approval from the state of New Jersey in the United States of America to onboard its users and to perform crypto-to-crypto domestic, as well as international transactions.

The reason for which this seems to be so significant for the price is because Everex is primarily a Singapore-based company with a main focus on Asian markets. Hence, taking its technology to the US and making sure that it is a compliant transacting technology substantially expands the projects reach.

Big news of the kind have the tendency to move price substantially, even though its important to note that an increase of more than 280 percent in 48 hours remains somewhat unorthodox.

Furthermore, a few days ago, EVX announced that it is being supported by the Ethos Universal Wallet, essentially improving its adoption further.

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Altcoin Season 2019 Thrives: Everex (EVX) Leading Binance …

What is an Altcoin? – CCN

Litecoin is the biggest Altcoin

Even if they do not accurately understand how it works, most people are at least somewhat familiar with Bitcoin. However, once they begin to get involved with cryptocurrency, they may be surprised to learn that there are actually hundreds of types of cryptocurrencies known as altcoins. Altcoins are anintriguingfacet of the cryptocurrency landscape, but they are not foreveryone. Altcoin newcomers often have many questions, and this guide will provide a brief overview of altcoins to help beginners decide whether or not to invest in them as part of their cryptocurrency portfolio.

[divider]CCN[/divider]

The word altcoin is an abbreviation of Bitcoin alternative, and thus describes every single cryptocurrency except for Bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component.

There are hundreds of altcoins (CoinMarketCap listed 478 at the time this guide was written), and more appear each day. Mostaltcoins are little more than Bitcoin clones, changing only minor characteristics such as its transactions speed, distribution method, or hashing algorithm. Most of these coins do not survive for very long. One exception is Litecoin, which was one of the first altcoins.In addition to using a different hashing algorithm than Bitcoin, Litecoin has a much higher number of currency units. For this reason, Litecoin has branded itself as silver to Bitcoins gold.

The top 5 altcoins according to CoinMarketCap

However, some altcoins innovate by experimenting with useful features Bitcoin does not offer. For example, Darkcoin hopes to provide a platform for completely anonymous transactions, BitShares describes itself as a fair version of Wall Street, and Ripple serves as a protocol users can employ to make inter-currency payments with ease. Some altcoin ecosystems, such as CounterParty and Mastercoin, even utilize the Bitcoin blockchain to secure their platform.

Many Bitcoin enthusiasts argue that altcoins are completely unnecessary and will not succeed because they cannot rival the infrastructure Bitcoin boasts. However, altcoins serve an important role. Decentralization is one of Bitcoins most prominent goals, and altcoins further decentralize the cryptocurrency community. Moreover, altcoins allow developers to experiment with unique features. While it is true that Bitcoin can copy these features if the developers or community desires, fully-functioning altcoins are much better cryptocurrency laboratories than Bitcoins testnet. Finally, Altcoins give Bitcoin healthy competition. Altcoins give cryptocurrency users alternative options and forces Bitcoins developers to remain active and continue innovating. If users do not feel that Bitcoin satisfies their digital desires, they can adopt an altcoin. If enough users left Bitcoin for a particular altcoin, the Bitcoin developers would have to adopt the features the community desired or risk losing its place as the preeminent cryptocurrency.

Namecoin was the first altcoin. It seeks to decentralize the world of online identities.

Created in April 2011, Namecoin was the first altcoin. Although it also functions as a currency, Namecoins primary purpose is to decentralize domain-name registration, which makes internet censorship much more difficult. As its place among the top ten cryptocurrency market caps suggests, Namecoin has remained one of the most successful altcoins throughout its short lifespan.

Due to how recent cryptocurrency was invented and how rapidly the landscape changes, all cryptocurrency investments carry a great deal of risk. Even Bitcoinby far the most stable cryptocurrencyexhibits price volatility on a regular basis.

By comparison, however, altcoins are exponentially more volatile. Because they have such low market caps (the total value of all coins combined), altcoin markets are highly prone to price manipulation. Wealthy traderscolloquially called whalesoften inject large amounts of capital into low-priced coins to build hype and cause the price to skyrocket. Once the price has risen considerably, the whales sell their coins on exchanges at a massive profit, hurting many gullible investors in the process. This method is known as a pump and dump. Not only does this hurt greedy traders who did not take the time to do their homework, but it often proves to be the breath of an altcoins brief lifespan.

To avoid losing all your money in a pump and dump, focus on long-term investments in coins you believe have immense potential and exhibit overall health. Generally, healthy altcoins possess strong communities, exhibit high liquidity, and have developers who proactively improve the coins source code (though not necessary, many users also prefer developers who reveal their true identities).CoinGeckos comprehensive coin metric analysis algorithm statistically analyzes these three important factors and ranks coins according to overall strength.

CoinGeckos coin ranking chart ranks coins according to overall health.

If you do choose to invest in altcoins, it is important to remember somebasic tenets of investing. Avoid the hype that coin communities propagate. Investors have an agenda, so you should not take their word at face value. Only invest in coins you have researched. It is unwiseto invest in something you do not understand. Making an ill-informed investment is the first step to losing your hard-earned money. Take the time to research the coins you are considering for long-term investments, and research day-trading before you attempt to become a high-volume, short-term trader. Most importantly, never invest more than you can afford to lose. Far too many people have lost their life savings by centralizing them in volatile investments.

As with Bitcoin, there are a variety of ways to obtain altcoins. The most basic way to obtain altcoins is to accept them as payment for goods or services. If you are interested in doing this, place an ad showcasing your skill-set ona cryptocurrency job board.

You can also trade for altcoins on cryptocurrency exchanges. Most exchange use Bitcoin as an intermediary (although a few include fiat pairs), so if you do not already own bitcoins you will need to buy some before you can trade for altcoins. Some of the most-trafficked exchanges include BTER,Bittrex, MintPal,Cryptsy, and BTC38 (Chinese-only).

Many altcoin communities also sponsor giveaways to increase exposure of their coin and enticenew users to join their communities. This is a great way to acquire coins if you are low on fundsor do not have marketable skills.

Featured images from Shutterstock.

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What is an Altcoin? – CCN

Altcoin Trader South Africa – ice3x Altcoin Exchange …

Altcoin Trader activity in South Africa is on the increase. Find out more about alternate cryptocurrencies and real alternatives to Bitcoin. Bitcoin Traders and Altcoin Traders in South Africa will find useful information about every alternative coin that an altcoin trader may be interested in. Client download locations, mining guides, exchange info and more.

The options available to an altcoin trader in South Africa and Nigeria are limited when it comes to exchanging ZAR or NGN for altcoins. iCE3X currently offers multiple altcoin markets, as well as dynamic deposit options using iCE3X Flow.

Altcoin Traders in South Africa and Nigeria have been frustrated, as we have had to play catch-up. But altcoin traders can now trade Bitcoin, Litecoin, Ethereum, Bitcoin cash and many more, for South African Rand (ZAR) or Nigerian Naira (NGN) using the iCE3X website on mobile or desktop. We are not only behind people who are trading bitcoin as this cryptocurrency is the most expensive and spoken of. We are constantly investigating new altcoins if we find that they are worth investing in, and not just another. Ponzi schemes! That is why our motto is: to protect our traders interests, by being confident and familiar with the coins that we are offering you to trade with on our platform.

Its very common nowadays for companies to introduce mobile versions or applications (app) for their websites. Although the customers of these companies might think on the one hand its a great feature and on the other that the app creates a sense of security, sustainability or reliability off the company, they are likely to be mistaken! Most of the times these attributes attached to companies with a mobile app are false. Let me tell you something, do not be fooled! When you install an app to your mobile device there is a +1 way for hackers to hack your phone, tablet or whatever you use!

Not only do these companies introducing their app have to develop top-notch security for their website andtrading platform but also for their new app to avoid hacking. I would not count much on that, as it would be costly and time-consuming and therefore not high on the priority list of most companies.

The real question on your lips might be if iCE3x has an app. The answer is no and will remain no for future references as well!

Instead of creating or designing an app and not being 101% sure that our customers (YOU) are safe and secure, we have rather opted to designed our cryptocurrency exchange website to look and function exactly like an app, when you reach it with your mobile browser. Isnt it smart? ICE3x as a company therefore provides true security, sustainability and reliability to our customers!

The above screenshot is an example of night vision mode. I personally like this mode best.

iCE3X is the premier destination for serious bitcoin and altcoin traders in South Africa and Nigeria.

We at iCE3X offers the following altcoins:

Altcoin traders should consider these tokens a little like trading penny stocks. There are huge opportunities for quick profits. This is because the risk is high. At the same time, the opportunities for loss is real and substantial. As usual, altcoin traders should only trade with funds they are willing to lose. You need to keep that in mind if you are a real altcoin trader. Simply, because its hard to determine if some altcoins is a Ponzi scheme. For example: You will have a scenario where many altcoins start at a very low price like R0.50. Later on, due to false information, those altcoins reach very high prices in relation to what the start price was. If you as an altcoin trader are too late buying or selling, you may end up spending/losing money that you wont be getting back any time soon!

Another example which is also a big issue is when the owner of the altcoin can produce as many coins as they want. You cant rely on that, because if the price goes up, the altcoin owner will produce X amount, and sell for less than you. Again, you are the one who will be screwed. For that reason, be careful! We at iCE3X take care of this by avoiding trade with altcoins that are not proven.

There is a legitimate crypto frenzy at the moment. The blockchain technology that underpins these altcoins is currently hyped. Many traders, even in mainstream finance, are now more interested in becoming altcoin traders. It is easier and faster to get involved in altcoin trading as it costs less than Bitcoin currently but with real potential to rise to Bitcoin value fast. Who can predict that bitcoins price will skyrocket again as it did in 2017? The bitcoin price at the time of write is R95 500. No one can predict or confirm with accuracy that it will reach the all-time high of R300 000 anytime soon. It is more attractive to spend less now with great prospects of eventually making more. The bottom line is still, that if you are not willing to lose money, you are better off to consider to invest in altcoin.

We recommend that as an altcoin trader, you can give yourself an advantage above the rest and make good profits by doing the following:

At iCE3X we will help our altcoin traders, as much as we can, every step of the way.

Tell us, are you an altcoin trader yet?

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Altcoin Trader South Africa – ice3x Altcoin Exchange …

Altcointrader.co.za Review – Altcoin Trader, Login …

Altcointrader.co.za Review Altcoin Trader, Login, Registration, News

Altcoin trader is a platform where you can buy and sell Bitcoin (BTC) and Ethereum (ETH) in exchange for South African Rand (ZAR). It is sometimes called the helm of Crypto trading in South Africa. Altcointraders website was registered on the 1st day of July, 2014. To trade on Altcointrader, you must be 18 years and above.

How do you buy Bitcoins on the Altcoin Trader Platform?

Buying Bitcoins is a very simple process but when working with money you need to take care to not make mistakes!

You simply go to the Buy BTC section of the website then fill in the Amount of BTC to buy, Price per BTC and click the Buy BTC button.

Altcoin Trader promises a secured trading platform. This platform has been serving South Africans since 2014/2015 till date. This shows the site is genuine.

You can contact Altcoin trader using the details below.

support@altcointrader.co.zadocs@altcointrader.co.za(ID, Proof of residence)

P.O.Box 377RoodepoortSouth Africa1725

To access, Register of Login to Altcointrader.co.za, click the link below.

Access

Please also use the Live chat box herein to chat with real people to get a possible solution to your problem. You can always use the comment section to testify about the good and bad with regards to the reviewed platform. Email Testboo.com@gmail.com to report anything.

South Africans and Africans in general are still trading in AltcoinTrader.co.za and there are no negative complaints so far.

Irrespective of the decline in prices of Crypto currencies, Altcointrader.co.za is still buzzing with a lot of activities. This site has really come to stay.

NB There has not been any negative comment about Altcointrader on this platform. Notify the world and us if you are experiencing anything you do not like on Altcointrader .

NB Once you are asked to send money to claim any price, it is simply a scam.

Altcoin trader has proven to be one of the best trading platforms in South Africa.

Altcoin Trader Login

Summary

Altcoin trader is a platform where you can buy and sell Bitcoin (BTC) and Ethereum (ETH) in exchange for South African Rand (ZAR)

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Altcointrader.co.za Review – Altcoin Trader, Login …

Bitcoin History Part 5: A Wild Altcoin Appears – Bitcoin News

Its hard to imagine a time before cryptocurrency exchanges were stocked with hundreds of digital assets. A time before the pejorative shitcoin had been coined and there was no such metric as bitcoin dominance. But travel back to late 2010 and thats exactly what youd have found: a cryptosphere in which BTC was the only coin in town. But all that was about to change.

Also read: Bitcoin History Part 4: Casascius Creates Physical Bitcoins

The first altcoin to emerge following bitcoin wasnt litecoin, peercoin or dash. Rather, it was a now obscure cryptocurrency called namecoin (NMC). It was unveiled on the Bitcointalk forum on April 18, 2011, with a mandate that read quite differently from that of BTC. Compared to the many identikit alts that sprung up in the months to follow, NMC began life with novel intentions. Namecoin is a naming system based on bitcoin with a few modifications, explained its [announce] thread, utilizing a formula that is today known as an [ANN]. This is a new blockchain, separate from the main Bitcoin chain. Name/value pairs are stored in the blockchain attached to coin Names expire after 12000 blocks unless renewed with an update.

Curiously, but perhaps not surprisingly, the inspiration for Namecoin came from Satoshi himself, though he had no hand in its development. Four months earlier, Bitcoins creator had essentially conceived the idea of Namecoin, writing, in a thread titled BitDNS and Generalizing Bitcoin, While you are generating bitcoins, why not also get free domain names for the same work? If you currently generate 50 BTC per week, now you could get 50 BTC and some domain names too. Satoshi went on to explain a technical proposal involving merkle trees that would eventually form the basis for Namecoin.

Moreover, Namecoins goal of serving as a decentralized domain registration system may have been partially inspired by Satoshis own experience of purchasing the bitcoin.org domain in 2008. With no anonymous cryptocurrency with which to pay, he was forced to use anonymouspeech.com, which enables services to be acquired using gift cards.

Today, namecoin is effectively a dead coin, despite still being listed on Poloniex and Livecoin. In its seven-year history, NMC has had its moments of glory, like the time it pumped to $15.41 per coin or 0.014 BTC in Nov. 2013. Or the time it hit $8.64 in January of this year, one final burst of nostalgia at a time when every shitcoin under the sun was pumping. By then, namecoin was already a dead coin, with its bitcoin value reaching just 0.0006 BTC per coin. Today, its 24-hour trade volume stands at $15,000 and Namecoins DNS naming system is dead in the water. Thats not to say NMC has been an outright failure, however.

With over 2,000 cryptocurrencies now vying for supremacy, Namecoin can be credited with either starting the stampede or instigating the rot. Whatever ones assessment of Namecoin and the plethora of altcoins that followed, NMC was pivotal in demonstrating that there is space in the cryptosphere for more than just one digital asset. Today there are multiple bitcoins and a panoply of shitcoins, but at a 97 percent reduction from its all-time high, Namecoin embodies the fate of all altcoins to date. As the history books show, Bitcoin is easily emulated but never bettered.

Bitcoin History is a multipart series from news.Bitcoin.com charting pivotal moments in the evolution of the worlds first and finest cryptocurrency. Read part fourhere.

Images courtesy of Shutterstock and Coinmarketcap.

Need to calculate your bitcoin holdings? Check ourtoolssection.

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Bitcoin History Part 5: A Wild Altcoin Appears – Bitcoin News

Latest News on Altcoin | Altcoin Breaking News | DC Forecasts

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Altcoin Daily Preview: Tron (TRX) Could Bounce back …

TRX/USD (Tron)Latest Tron News

Straight from the announcement of the Tron Accelerator, the launch of Tron Developer Suite and the apparent meltdown of crypto prices, Justin Sun, the co-founder of the platform is now urging developers to migrate from EOS and Ethereum platforms.

Read: Tron (TRX) Announces Accelerator Plan For DApp Creation With $1 Million in Prizes

Through a fund that Sun says will rescue these developers from imminent collapse of their respective platforms, dApp creators would get a boost only if they migrate their work to the Tron Platform.

This is not the first time Sun is throwing sublime jabs at EOS and Ethereum. He has on several occasion been tussling with Ethereums Vitalik Buterin who at one time said Tron plagiarized part of its white paper from Filecoin.

From left to right, prices are negatively sloping meaning the path of least resistance is southwards. But this has been the trend in the last 11 months or so and after tumbling >85 percent, we expect TRX to find support.

At the moment, prices are edging higher in line with Nov 28 bulls and though consolidating within a tight 0.5 cents range, we expect buyers to print higher by the end of the week. The only time we expect bulls is when TRX/USD thrust above our resistance at 1.5 cents$1.7 cents zone.

Fitting stops will be at 1.4 cents with first targets at 2 cents. Losses below 1.2 cents and 1.3 cents invalidate this plan.

Our TRX/USD trade plan will therefore be as follows:

Buy: Break and close above 1.5 cents

Stops: 1.4 cents

Target: 2 cents

As reported by EWNs, CoinBasethe US based crypto exchange platform has once more announced that it will be exploring 31 digital assets including Stellar Lumens (XLM).

Also Read: CoinBase Pro Lists the ERC20 Tokens of Civic (CVC), DNT, LOOM, and Decentraland (MANA)

This being the second time, the community is pretty excited about the news and could be pointers of whats to come especially if CoinBase deviates from listing a high supply, low cost pre-mined coin.

Listing on XLM could be attractive for users who would want to diversify waiting for price appreciation now that Stellar has a working relationship with IBM. IBMs mainframes are still in use by 92 out of 100 global banks and as they have been in service for more than 50 years, an alternative proposed by IBM could easily be adopted even if it means leveraging on the Stellar platform.

Stellar Lumens (XLM) is perched at fourth and quite stable in the last few hours. Though XLM is printing higher against the USD, bears are in control. From candlestick arrangement, we expect XLM to print higher and even close above 13 cents triggering short term bulls aiming at 17 cents.

However, since XLM/USD is trending within a bear breakout pattern and prices are below 15 cents, we cannot discount the possibility of sellers stepping up, driving prices below our support zone. If this print out then our XLM/USD will be nullified.

Nevertheless, our short-term XLM/USD trade plan will be as follows:

Buy: 13 centsAbove Dec 9 highs

Stops: 11 cents

First Target: 17 cents

All Charts Courtesy of Trading View.

This is not Investment Advice. Do your Own Research.

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Altcoin Daily Preview: Tron (TRX) Could Bounce back …

Most promising Altcoins and … – Captain Altcoin

The future of cryptocurrency is bright and cryptocurrencies are trending all over the world as the internet payments have been accepted by many companies. Cryptocurrency is trending payment and investment asset just like how people invest in mutual funds, real estate, market shares, silver, and gold nowadays. More investors are interested in investing their money on these cryptocurrencies, and the increased demand of cryptocurrency has increased its prices a lot.

It is important to note that it is not late to invest in cryptocurrencies. However, the fact is that we cant invest more in Bitcoin because its price has already touched the sky. Thats why we have to choose the coins whose price is low and will increase in next couple of years.

There are more than 3000 cryptocurrencies in the world and it is really difficult to recognize the right cryptocurrency to invest. However, the future of cryptocurrency can be predicted by looking at their market cap and many others thing.

Investing in cryptocurrency can be fruitful if we select the right coin to invest. Thats why we have to be careful while investing our money in cryptocurrency. We can earn a good amount of money by trading altcoins. On the other hand, there will be huge chance of big loss if we are new.

Bitcoin started the trend and is still the leader. However, some of the other cryptocurrency that hit the scene within the last couple of years shows real promise with their block chain vastly improved and upgraded over Bitcoins very own.

Most people are at least somewhat familiar withBitcoineven if they do not accurately understand how it works. However, once they begin to get involved with cryptocurrency, they may be surprised to learn that there are hundreds of cryptocurrencies (a.k.a altcoins) out there besides Bitcoin (CoinMarketCaplisted more than 2000 altcoins at the time this guide was written).

Altcoins are an intriguing facet of the cryptocurrency landscape. However, they are not for everyone and Altcoin beginners often have many questions. This guide will provide a brief overview of altcoins to help newcomers decide whether or not to invest in them.

The wordaltcoinis an abbreviation of Bitcoin alternative. This means that the word altcoin describes every single cryptocurrency except for Bitcoin, and Altcoins are referred to as Bitcoin alternatives since most altcoins hope to either replace or improve upon at least one Bitcoin component.

There are hundreds of altcoins, and more appear every day. Most altcoins are little more than Bitcoin clones and they do not survive for very long. They only change minor features, such as its hashing algorithm, distribution method, or transactions speed. One exception is Litecoin, which has branded itself as silver to Bitcoins gold. The reason for that is that, in addition to using a different hashing algorithm than Bitcoin, Litecoin has a much higher number of currency units.

It is important to note that some altcoins innovate by experimenting with useful characteristics Bitcoin does not offer. For instance,Rippleserves as a protocol users can employ to make inter-currency payments with ease,BitSharesdescribes itself as a fair version of Wall Street, andDarkcoinhopes to provide a platform for completely anonymous transactions. Some altcoin ecosystems, such asMastercoinandCounterParty, even utilize theBitcoin blockchainto secure their platform.

Many Bitcoin enthusiasts argue that altcoins are totally unnecessary. Also, some say that, because they cannot rival the infrastructure Bitcoin boasts, altcoins will not succeed. However, altcoins have a significant role. Altcoins allow developers to experiment with unique features, and while it is true that, if the developers or community desires, Bitcoin can copy these features, fully-functioning altcoins are much better cryptocurrency laboratories than Bitcoins testnet. Moreover, one of Bitcoins most prominent goals is decentralization, and altcoins further decentralize the cryptocurrency community. Finally, altcoins give Bitcoin healthy competition and they give cryptocurrency users alternative options and forces Bitcoins developers to remain active and continue innovating. Users can adopt an altcoin if they do not feel that Bitcoin satisfies their digital desires. Also, the Bitcoin developers would have to adopt the features the community desired or risk losing its place as the preeminent cryptocurrency if enough users left Bitcoin for a particular altcoin.

What Was the First Altcoin?

Namecoinwas the first altcoin and it was created. Namecoins primary purpose is to decentralize domain-name registration, which makes internet censorship much more difficult. However, it also functions as a currency.

Bitcoin is still leading the virtual currency pack, even with many close competitors. Newer and more innovative versions are getting launched. They offer modifications in areas like Proof of Stake, privacy, transaction speed, DNS resolution and more. A few altcoins have become popular and the rest of them are lesser-known.

We have checked out and reviewed more than 200 altcoins, from the top ones to the almost unknown gems buried deep in coinmarketcap ranking. This list will be continually updated so make sure to revisit it every once in a while.

Here is the full list.

Cryptocurrencies are a completely digital form of money designed specifically to take advantage of the architecture of the internet. They can be used in ways that ordinary currencies cant. Cryptocurrencies dont rely on a standard financial institution to guarantee and verify transactions. Instead, cryptocurrency transactions are checked, or confirmed, by the computers of the users on the currencys network. The computers that verify the transactions usually receive a small amount of currency as a reward, and the process of receiving rewards in exchange for verifying transactions is called mining. Mining is the main way how a new currency is produced here, and it works differently for different currencies.

Cryptocurrencies are traded in different ways and they use a number of different algorithms.

The main characteristics that you must consider before purchasing or investing in cryptocurrencies are: retailer acceptance, verification method, and market capitalization and daily trading volume.

Here is a list of the Top 13 altcoins and cryptocurrencies in 2017/2018 according to market cap, future scope, demand, and value investment asset.

Ethereum is a true outlier and it is the only crypto-currency believed by experts to be able to overtake Bitcoin Market cap in the near future. Ethereum started in 2013 and had 40x growth rate over the last two years.

Its platform allows creating a smart contract that runs on a decentralized network and runs exactly as programmed without any possibility of downtime, fraud, censorship or any third party interface. The team behind Ethereum is really exceptional. They are doing an amazing job to show the real potential of the Ethereum. Also, the degree of adoption of Ethereum is phenomenal at the moment. Many developers are working on apps that use the potential of smart contracts. If one cryptocurrency can make it big, its Ethereum. If already went over 1000% over the course of couple of months and it could go 1000% more over the next few months that much potential this cryptocurrency has.

Read more on what is ethereum here. Read here where to buy coins and here how to safely store them on a wallet.

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Anonymous / private Bitcoin. Now, you may think, What are you talking about? The BTC is anonymous already.This is a very unfortunate albeit popular misconception. All BTC transactions can be seen by the public, and by giving out your wallet address to someone, the person is able to see all the payments youve sent and received. The black market (weapon manufacturers and drug dealers) created a solution for this. They basically created software that mixes your coins with other coins. Nevertheless, the softwareneeds to be trustedandmay not work correctly, which is pretty bad when your freedom depends on it. Monero has the mixing system built-in. This makes it perfect for any kind of black market. A popular darknet market adopted Monero, and this is how the currency got its first big growth boost.

Monero is an open-source, privacy-oriented cryptocurrency. The developers involved introduced this innovative cryptocurrency without setting aside any for themselves. The team has relied on donations and the broader community to further development. Monero was launched in April 2014 read here more on monero.

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Sia is a cryptocurrency set to dramatically change the way we look at enterprise cloud storage, and the technology is no doubt set to transform data storage in the future. It has its eyes set firmly on a market currently dominated by Google, Amazon, Microsoft, and Dropbox.

Traditional cloud storage services such as DropBox upload customers data to a central ecosystem. The data is controlled here and thus exposed to all sorts of shady shenanigans such as personal data misuse, accidental loss, and database breaches.

With Sia your uploaded files are encrypted, broken up into tiny pieces and then spread across multiple hosts. This means superior redundancy (multiple copies of your data are securely stored across multiple hosts) ensuring data loss and snooping is no longer a problem.

What makes Sia so great is that anyone can participate and get paid for leasing their spare storage space. This is something many of us have with the price of hard drives being so low. When a host and an uploader connect a contract is formed. This contract is called a smart contract. It allows the renter to receive payments in exchange for their storage space being used.

Given SiaCoins potential, we strongly believe it is seriously undervalued. In fact, there are hundreds of other coins out there without a fraction of the usefulness of Sia. Read more on what is sia coin here.

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Factom is a blockchain-based system that runs on top of Bitcoin. Factom is optimized to store millions of realtime records with a single hash. Factom allows companies to create immutable database, and they store database in their own blockchain, create a hash of that data, and store it in the bitcoin blockchain.

Factom is useful for all kinds of business apps, and they have got a huge contract with more than 25 smart cities in China. They are also working with other countries to create immutable database, which will allow government to secure their data. Factom had initially raised 5.3 million dollars in its Series A funding, but the company is so appealing that private investors were compelled to increase their investment in Factom. Factom raised a total of 8 million dollars in April 2017 from various high-profile investors, including Tim Draper, Stewart Title, and Bill Gates. See more on Factom cryptocurrency here.

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When managing transactions, most crypto technologies are based on decentralisation. However, Ripple has a more traditional approach and it takes the idea of banking and in particular SWIFT transactions and provides a much needed upgrade by utilising blockchain technology.

Currently, when sending cross border fiat transactions money goes through multiple intermediaries. This can take weeks to complete. The process is not only limited to those banks in the loop but is also riskier because when unaffiliated banks are working with each other, they have toissue IOUs, which means a sending bank has less security should a receiving bank suddenly collapse.

Ripple addresses all these shortcomings by providing cheaper, instant transactions. These transactions are initiated using a single currency, XRP. Ripple and XRP are two parts of the same project. However, given XRPs integral role and future use cases as a currency used by the general public, the price of XRP has rocketed in the last few months reaching nearly $0.30 at the time of writing this article.

Ripple was introduced in 2012, and there are also over 100 banks worldwide that are currently working with the Ripple team and trailing the system, including CIBC, ATB Financial, UBS, Reisebank, Santander, UniCredit, BMO Financial Group, Shanghai Huarui Bank, Abu Dhabi Bank, Standard Chartered, etc.

The technology will likely become the new defacto standard for financial institutions and banks wanting to transfer funds worldwide. In the future, it will become the currency of choice recommended by banking institutions and governments for general use. This makes Ripple well worth a sizable investment now.

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Stratisis not coin. It is an end-to-end blockchain development platform that allows for complete sidechains that are non-disruptive to the primary blockchain. Stratis was one of the biggest risers in April and May of this year, and it is currently sitting comfortably at 8th position on CoinMarketCap.

The project opens up a world of possibilities for developers, and is seen as a direct competitor to Ethereum. Ethereum allows for smart contracts. However, they all exist on the primary blockchain. Smart contracts on Stratis eliminate this risk and live on their own true sidechain.

Its language choice is what gives this project a clear advantage. It allows developers to code decentralized apps in an existing, widely adopted programming language, C#, which is a huge advantage because it allows any current C# developers to begin exploring the platform, its uses and blockchain power with a minimal learning curve. This will undoubtedly lead to faster adoption and growth. Also, the project has backing by Microsoft and a very active development team. All these features make Stratis a winning project to invest in.

Stratis also recently announced its Breeze Wallet. This is a specialist wallet that aims to increase the privacy of both Bitcoin and Stratis platform users. This Bitcoin wallet will have Tumblebit built in, which is an incredible deal and will raise awareness of Stratis tenfold. This will likely trigger a price hike. Read our in-depth article on Stratis coin here.

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Golemis built on top of the Ethereum blockchain. Golem is a project run by the group of Polish programmers. It is on track to becoming the worlds most powerful decentralised supercomputer. This supercomputer will process anything from scientific research in academia through to rendering the latest block buster movies, and once complete users will have supercomputer processing power at their fingertips.

However it does not stop there. Golem can also be used to process or mine any big data, for example identify trends in environmental changes, predict stock market movements, help assess and discover cures and better medical solutions, etc.

Its unlimited use cases is what makes the project exciting. Users earn GNT tokens by leasing unused processing power. These tokens can be re-used on the platform or traded on an exchange at the current market rate.

The technology is currently in its alpha stage. It can be downloaded and installed by anyone. Golem aims to eventually have Smartphones, huge data centres, laptops, and everything in between contributing to its ever growing cache of processing power, and with more and more processing power required everyday investing in Golem is a must for investor.

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Zcashis a crypto that aims to solve the same issues Monero does. Zcash leverages zero-knowledge proof constructions called zk-SNARKs. These constructions allow two users to exchange information without revealing their identities. The bitcoin blockchain contains records of the participants in a transaction, as well as the amount involved. On the other hand, Zcashs blockchain shows only that a transaction took place, not who was involved or what the amount was.

Zcash was founded by Zooko Wilcox in October 2016, and it is the result of continuous efforts by developers to create cryptographic protocols that offer greater privacy.

It is important to note that the use of Zcash is not just for cybercriminals who engage in illegal transactions in the dark web. There are a number of legitimate reasons why a user would opt for anonymous cryptocurrencies such as Zcash, including a couple who are into eye-brow raising bedroom toys; an entity who would like legal services for a private matter like bankruptcy; a company who would like to protect its trade secrets or supply chain information from competitors; an individual with a chronic medical condition who would like to buy his pills online anonymously; etc. These are all examples of individuals seeking anonymity for privacy reasons.

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This project has all the ingredients required to be extremely successful. The concept is awesome connecting the publishers and advertiser without the middle man and his commission. People getting paid for their attention (hence basic attention token) and advertisers getting more awareness for their money while also having happy publishers who get more money as well (no middleman fees).

TEAM: The CEO is the creator of JavaScript as well as co-founder of Firefox and Mozilla. They brought on board a lot of people with proven track record. I personally invest on people before anything else, and this has made it a no brainer. PRODUCT: Already there, Braver Browser is awesome I personally use it since 2 months ago and loving it for its speed and ads blocking features.

Heres the list of some BAT funders: Founders Fund, Foundation Capital, Propel Venture Partners, Pantera Capital, DCG, Danhua Capital, and Huiyin Blockchain Venture

Those firms have a lot of interests in increasing BAT market cap and they have very deep pockets. I wont be surprised if all of the sudden, the price just moon extremely high in a very short period of time.

The Anonize algorithm is built in a way that the user privacy is respected while publishers will be able to target effectively their users.

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IOTA is launched in 2015 and goes beyond blockchain through its core invention of the blockless and quantum-resistant Tangle. The digital currency iota has a fixed money supply with zero inflationary cost.

IOTA offers zero-fee transactions & no no scaling limitatins on how many transactions can be confirmed per second. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers); rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.

IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted.

Their team is specific, they sometimes come across as arrogant and even rude, but they certainly seem to be very capable and intelligent crew. The machine to machine communication is the future and IOTA might be the technology that will fuel that communication.

There have been lots of good news for IOTA in the recent couple of week and that caused a big rally in prices and market cap. Some of the alleged partnerships they announced raised some eyebrows and questioning from the community, but nevertheless the concept and the team make a good combo and IOTA certainly holds a lot of potential in the future.

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Binanceis a popular cryptocurrency exchange out of China thats been gaining momentum over the past few months. Its been quickly gaining ground in cryptocurrency market share, and as more people begin to use Binance, the price for Binance Coin (BNB) will also increase.

Binance is known for its fast transaction processing as well as its low trading fees (0.1%). Binance promises to offer strong performance, usability, and security. The Binance technology is capable of processing 1.4 million orders each second. This makes it a world leader in potential exchange volume.

Binance Coin allows you to get 50% off all trading fees.

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Most promising Altcoins and … – Captain Altcoin

Altcoin – Investopedia

DEFINITION of Altcoin

Altcoins are the alternative cryptocurrencieslaunched after the success of Bitcoin. Generally, theyproject themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow. Many altcoins are trying to target any perceived limitations that Bitcoin has and come up with newer versions with competitive advantages. As the term ‘altcoins’ means all cryptocurrencieswhich are not Bitcoin, there are hundreds of altcoins.

“Altcoin” is a combination of two words: “alt” and “coin”; alt signifying ‘alternative’ and coin signifying (in essence) ‘cryptocurrency.’Thus together they imply a category of cryptocurrency that is alternative to the digital currency Bitcoin.After the success story of Bitcoin, many other peer-to-peer digital currencies have emerged in an attempt to imitate that success. While Bitcoin was the first cryptocurrency, and remains the best-known, it is now only one of hundreds of cryptocurrencies, which all seek to improve upon Bitcoin in various ways.

Many of the altcoins are built up on the basic framework provided by Bitcoin. Thus most altcoins are peer-to-peer, involve a mining process by which users solve difficult problems to unlock blocks,and offer efficient and cheap ways to carry out transactions on the web. Buteven with many overlapping features,altcoins vary widely from each other – altocoins differ themselves from bitcoin with a range of procedural variations, including different proof-of-work algorithms, different means by which users can sacrifice energy to mine blocks, and application enhancements to increase user anonymity.

The earliest notable altcoin, Namecoin, was based on the Bitcoin code and used the same proof-of-work algorithm- and like Bitcoin, Namecoinis limited to 21 million coins. Introduced in April 2011, Namecoin primarily diverged from Bitcoin by making user domains less visible, allowing users to register and mine usingtheir own .bit domains, which was intended to increaseanonymity and censorship resistance.

Current leading examplesof altcoin includeLitecoin, Dogecoin, Ethereum(2nd to Bitcoin in market capitalization as of May 2018), and Ripple. Litecoin is seen as the closest competitor to Bitcoin.

Introduced in October 2011, shortly after Namecode, Litecoinwas branded as the ‘silver to Bitcoin’s gold.’ Whilefundamentally similar in code and functionality to Bitcoin, Litecoindiffers from Bitcoin in several essential ways.Itallows mining transactions to be approved every 2 1/2 minutes, to Bitcoins 10 minutes, and it also allows for a total of 84 million coins to be created – exactly 4 times higher than Bitcoin’s (and Namecon’s) 21 million coins. It also uses a different proof-of-work algorithm than Bitcoin- scrypt, a sequential function that is much more memory-hard than most proof-of-work algorithms. This is supposed to make it much more difficult to generate bitcoins, as increasing memory space required for the proof-of-work algorithm reduces the mining speed, and makes it harder for any one user or group of users to dominate the blockchain.

As of May 2018 there are more than 1500 cryptocurrenciesavailable over the internet, all but one of which are altcoins. New cryptocurrenciescan be created at any time; additionally, there are many older cryptocurrencies which are no longer on the market.

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Altcoin – Investopedia