Is it Worth Buying Bitcoin in 2018?

Bitcoin the king of all crypto currency with a market capital of around $200 billion with BTC Dominance: 34.8% currently, but today we have seen a heavy sell off in all crypto currency including bitcoin, drop around 14% i.e $12088 at the time of writing this article and 40% from its all time high of $20000.

Today�s Market Crash Reasons

Firstly There is a vide spread rumors in social media about ban of crypto currency in south Korea and ban on trading and mining in china the news is not yet confirm but many traders and investors are uneasy regarding the news 

Secondly the bitcoin futures are trading at a discounted price on CBOE i.e $ 11500 were as compare to live spot in $11800 Approx on coinmarketcap which make trader in bearish mode. 

Hard forks

Bitcoin is the first crypto currency to get the base of all currency as the time passes there are many hard forks taken place in bitcoin and many altcoin are generating in relation to bitcoin currently we have 9 bitcoin apart from bitcoin core.

Bitcoin Cash

Bitcoin Gold

Super Bitcoin (498888 block)

Bitcoin Platinum (500000 block)

Bitcoin Cash Plus (501407 block)

Bitcoin Silver (TBD)

Bitcoin Diamond

Bitcoin Uranium (Unknown)

Bitcoin Atom

Bitcoin Alternatives

Currently their around 1450 crypto currency to trading and invest in 2018, many of them are big market players and doing very good in their respective fields some of the examples are Ripple,Etherum,Bitcoin cash before people has very few good coin to invest in but now they have a huge Varity of coin to invest in depends upon persons need.

Higher Fees

Bitcoin mining difficulty is increasing side by side and the transaction fees for transfer from one address to address are increasing as miners are charging very higher fees to mine the block which lead to increase in the transaction cost to $99 per transaction.

Blockchain Congestion

There are around 180000 around Transaction unconfirmed at the time of writing of the article, currently it is taking around 2 to 4 hours to confirm one transaction on blockchain. As compare to bitcoin many currency are their which are taking only seconds to transfer from one to another address.

Disclaimer: The information provided is individual knowledge and does not means to harm the company reputation and market value and does not means investment advice or tips, Investment is subjected to market risk and your own risk please do your own research and due diligence before investing. cryptocoinxchange will not be responsible for any loss. 

5 CryptoCurrency - 1000x Return in 2018

1 Ripple 

 

Ripple is RTGS (real-time gross settlement) system with a total supply of 99,993,093,880 XRP, and circulating supply of 38,739,142,811 XRP with a market capital of around $70 billion. Released in 2012. On Monday Seagate�s investment in Ripple announced with a worth of around $8 Billion, recently ripple escrow 51 Billion XRP and decided to release only 1 Billion every month till 51 months. Ripple is ni talk with big banks to adopt their technology for cross border payments.

2 Steem

 

Steem.it is a blockchain-based social media platform, were people can earn rewards for their quality content by upvoting. There are some main currencies in steemit plateform i.e Steem, Steem Power (SP) and Steem Backed Dollars (SBD). Steem has a total supply of 263,772,317 STEEM and circulating supply of 246,798,223 STEEM with market capital of around $1 billion.

3 Neo

 

NEO is a blockchainplatform and cryptocurrencywhich development of digital assets and smart contracts the project was launched I 2014 as Antshares then it is relaunch as NEO, it�s also called Chinese Ethereum. Neo can handle over 1,000 transactions per second, with a future target over 10,000 transactions per second. Currently total supply is 100,000,000 NEO and circulating supply 65,000,000 NEO with a market capital of around $11 billion. Currently NEO is at its all time high.

4 Verge

 

Verge is a secure and anonymous cryptocurrency, which is built to focus on privacy, recently verge is news with its privacy coin is leaking users IP address, currently verge has max supply of 16,555,000,000 and circulating supply of 14,577,243,830 XVG with a market capital of around $2 billion.

5 Cardano

 

Cardano is a smart contract platform which seeks to deliver more advanced features than any other platform previously developed it is better than Ethereum and NEO, people are saying it Ethereum Killer with more functionality and digital assets. The project began in 2015. Its total supply is 31,112,483,745 ADA max supply is 45,000,000,000 ADA and circulating supply of 25,927,070,538 ADA with a market capital of $22 billion. 

Disclaimer: The information provided is individual knowledge and does not means to harm the company reputation and market value and does not means investment advice or tips, Investment is subjected to market risk and your own risk please do your own research and due diligence before investing. cryptocoinxchange will not be responsible for any loss.