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Forget Bitcoin: 3 Altcoins That Will Double

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This movie is getting old.

Every day we comb through the news, scour the web, and flip through the feeds on our social media pages. We look for the movement on our favorite coin(s) and we search for solid investment opportunities. Of course, the dominant advice we are fed inevitably leads us back to Bitcoin (BTC).

Is it a good time to invest in Bitcoin (BTC)? Is Bitcoin (BTC) ready to move? The Twitter feeds are sure of it. Any day now, Bitcoin (BTC) is going to go through the roof. And if you don’t get in now, your FOMO will leave you waiting for a dip, hoping to join your giddy friends who knew better all along. But when you open your wallet to check the action on your investment, it’s always the same thing. The undisputed king of the cryptoverse has traded sideways again.

To be clear, Bitcoin (BTC) is going to come back. And when it does, it will likely double or triple overnight. But you know what? So will a number of altcoins in that time. The question that leaves most of us scratching our heads is, which ones? And while no one knows for sure which coin(s) will pop, what follows is a short list of three great crypto-choices we should be watching while we wait for the king to come back.

Basic Attention Token (BAT)

The first (And most obvious) on my short list of coins that will double before Bitcoin (BTC) is the Basic Attention Token (BAT). Dominating headlines with its recent inclusion on Coinbase Pro, this utility token has the potential to see massive gains overnight.

Founded by Brendan Eich, the originator of the Firefox browser, the Basic Attention Token (BAT) is the currency behind Brave. The Brave browser employs powerful ad blocking technology, improving the user experience greatly. The best part is, if you chose to see ads, your verifiable engagement can net you a nice payment in BAT.

The recent news of BAT’s inclusion on Coinbase Pro may have created short-term gains for investors in this usable crypto-product, but BAT is an excellent long-term hold as the company gains steam. As the popularity of the Brave browser grows over time, the value of the token is sure to follow.

Skycoin (SKY)

The next great choice for steady gains as we move into the future is Skycoin. Heavily touted by none other than John McAfee, this coin is associated with a new decentralized internet experience. I am including this coin not just based on its performance over the past days (or the obvious pumping John McAfee might offer) but because of its potential for truly freeing the internet from the central control that holds us all back from an honest web experience.

Billed as the most advanced blockchain platform in the world, Skycoin is up over 8% on the day on news of McAfee’s latest tattoo immortalizing his recent involvement with the team (lulz).

Monetha (MTH)

Finally, diving a little deeper down the list of popular coins is Monetha (MTH). Up yet again today, Monetha (MTH) is making big moves before reaching full maturity in 2019.

The Monetha (MTH) platform is designed to help users verify the reputation of a person or institution before transacting with the party. Securely storing verifiable information related to a users behavior, Monetha (MTH) is another company with usable products helping thousands of people make more informed decisions online.

Working it’s way up the list on coinmarketcap.com, Monetha (MTH) is now ranked #391. With a current market cap of just under US $9 Million, it won’t be long before this coin catches fire (again). You can find Monetha (MTH) making consistent gains on Binance.

So while investing (long term) in the Bitcoin (BTC) dream is still an excellent play, we should all be dipping our toes in the warm waters of the altcoin sea while we wait. The three coins presented here might just net you a fortune before Bitcoin (BTC) does.

Follow me on Twitter as I chart the current price of these picks related to Bitcoin (BTC).

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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