Important: This position should not be considered as an investment council. The author focuses on the best currencies in terms of actual use and adoption, not from a financial or investment perspective.
In 2017, cryptographic markets established the new standard for single earnings. Almost all the pieces or chips made incredible performances. «A rising tide throws all the boats ,» as they say, and the last of 2017 was a deluge. The increase in prices has created a positive feedback cycle, which is attracting more and more capital to Crypto. Unfortunately, but inevitably, this rampant market is carrying a massive investment. Money has been indiscriminately thrown into all kinds of dubious projects, many of which will bear no fruit.
In the genuine bearish environment, exaggeration and child greed replaced by critical assessment and prudence. Especially for those who have lost money, advertising promises, endless shillings and charismatic oratories no longer child enough. Well, the basic reasons for buying or maintaining a child Paramount currency once again.
Fundamental factors in the evaluation of a Criptomoneda.
Feed some factors that tend to conquer the hype and price of bombs, at least in the long term: angle of adoption Although the technology of a Criptomoneda or ICO business plan may seem surprising without users, child only dead projects. It is often forgotten that widespread acceptance is an essential feature of money. In fact, it is estimated that more than 90% of the Bitcoin value is a function of the number of users.
While the state entrusts Fiat’s acceptance, the acceptance of cryptography is purely voluntary. Many factors influence the decision to accept a currency, but perhaps the most important consideration is the likelihood that others will accept it.
Safety decentralization is essential for the thrust model of a true Criptomoneda. Without decentralization, we have a little closer to a Ponzi scheme than to a genuine Criptomoneda. Trust in individuals or institutions is the problem: a criptomoneda tries to solve.
If the dismantling of a currency or a focal controller can change the transaction log, it is questioning its basic security. The same applies to parts with unproven code that have not been exhaustively tested over the years. The more you can count on the code to function as you portray, regardless of human influence, Chairman will be the security of a currency.
Innovation valid currencies strive to improve their technology, but not an expense of security. Genuine technological progress is rare because it requires a lot of experience and also wisdom. Although always roughage new thoughts that can be screwed, if in doing so are highlighted vulnerabilities or critics of the unique purpose of a coin, the point is lost.
Innovation, such as developments in blockchain, can be a difficult factor to evaluate, especially for non-technical users. Without ban, if a currency code is stagnant or does not receive updates that deal with major problems, it can be a sign that weaker child developers in terms of thoughts or motivations.
Incentives the inherent economic incentives an easier-to-comprehend child currency for the average person. If a coin had a large amount prior to the mine or an ICO (initial offer) the team had an important piece of chips, so it’s pretty obvious that the chief motivation is the gain. When you buy what the team offers, you play your game and enrich it. Be sure to provide a unmistakable and reliable value in return.
5 Criptomonedas to buy in 2018 there has never been a better time to re-evaluate and balance a cryptographic portfolio. Based on its solid base, here roughage five pieces that I think is worth hitting or maybe buy at their current depressive prices (which, just warning, could go down).
1. Bitcoin (for its decentralization) number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the broader assumption, the chairman part of the security (due to phenomenal energy consumption of Bitcoin mining), the most famous brand identity (the bifurcations have tried to be appropriate) and the leader part of the development Active and rational. It is also the only piece to date that is represented in traditional markets in the form of Bitcoin futures in the U.S. CME and CBOE.
Bitcoin remains the central engine; The performance of all other parts is highly correlated with the performance of Bitcoin. My individual expectation is that the gap between Bitcoin and most, if not all other parts, will expand.
Bitcoin has several promising pipeline innovations that right now will install as additional layers or soft forks. Some examples child the Flash system (LN), the tree, the signatures Schnorr Mimblewimbleund and much more.
In specific, we plan to open a new range of applications for Bitcoin, allowing you to make large-scale payments, micro-transactions, and instant and secure payments. LN is becoming more and more stable as users test their different possibilities with genuine Bitcoin. As it becomes easier to use, you can assume that it will greatly benefit from the adoption of Bitcoin.
2. Litecoin (for its persistence) Litecoin (LTC) is a clone of Bitcoin with a different hash algorithm. Although Litecoin no longer has the Bitcoin anonymity technology, amazing reports have shown that Litecoin’s adoption in the dark markets is now the second, the only bitcoin. Although it is a currency that I have much more appropriate for the role of acquiring illegal goods and services, perhaps this is presented as a result of the longevity of Litecoin: It was launched at the end of 2011.
Another some help factor from Litecoin is that it integrates the Bitcoin SegWit technology, which means that Litecoin is ready for LN. The Litecoin can benefit from an exchange of atomic chains. In other words, securing currency exchange between peers without the participation of third parties (i.e. Exchange). Because Litecoin keeps its code largely synchronized with Bitcoin, it is well positioned to benefit from the technical progress of Bitcoin.
3. Ethereum (due to smart contracts) Ethereum (ETH) has some major problems right now. In preliminary place, governments are taking action against OIC, and rightly so many have turned out to be fraudulent or bankrupt. Because most ICO runs on the Ethereum network as a ERC 20 token, ICO’s mania has brought a lot of value to Ethereum in recent years. If appropriate rules are taken to protect investors, Ethereum’s project scams can claim some legitimacy as a collective funding platform.
The second big problem facing Ethereum is the delayed transition a new battery detection and hybrid work system. Ethereum’s mining GPU is currently profitable, but Bitmain has just announced the lesser ASIC of Ethereum, which will likely have an impact on the lower lines of GPU miners. It remains to be seen whether this will change the POW and how successful this change is.
If the Ethereum can survive these two main problems, regulation and mining, it will have demonstrated a great capacity for recovery. Otherwise, feed several currencies in competition that track their shadows, such as Ethereum Classic (and so on.), Cardano (ADA) and EOS.
4. Nero (by his anonymity) although his adoption in the dark markets is not all that could be expected, I (XMR) remains the privacy of the Prime Minister. Their reputation and market capitalization are still above those of their rivals, and for a good reason.
The Nero code requires less confidence in the ceremony of the key «Leal » Zcash and had a good start, unlike Dash. That Nero recently changed his Pow to defeat the development of a small ASIC because his algorithm confirms the commitment of the mining decentralization piece. A significant drop in the hash rate is due to the new version, which is consistently reported against ASIC. This could also be an opportunity for the GPU and even minor CPUs to call me back. The new version of Nero, 0.12, also includes other improvements that show that Nero continues to grow in sensitive lines.
5. IPRONTO (a decentralized incubation platform) IPRONTO is a Ethereum incubation platform chain dedicated to investors looking for a secure and reliable platform to invest in new thoughts and future innovators who can present their Thoughts and receive opinions from users, experts in the field of practice and implementation of thoughts derived.
The thoughts of the innovative child compatible as the NES in Smart Contract format will be signed between the expert platform and the customer if the customer’s thought of business to the Committee for examination and registration on the platform. The thought will not be published for all users on the public platform of the network, but only for selected members of the target community who are willing to sign the Smart contract to maintain the confidentiality of the thought.