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This Is Why Lisk (LSK) Could Hit $100

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Unlike many of its counterparts in the cryptocurrency space, Lisk (LSK) has had a relatively rocky run to reach current levels. A look at the daily chart for this one (which is below) reveals some substantial periods of appreciation, which are often followed by steep corrections amounting to 50% or even 75% of the initial run.

LSK Daily Chart

LSK Daily Chart

As an investor or trader that’s held LSK across this rollercoaster period, chances are it’s been pretty tough. There is a positive way to look at it, however. The fact that the market has repeatedly corrected before resuming its overarching upside momentum suggests a degree of maturity; maturity, being, of course, one of the major factors missing from many of the other markets in this space right now.

If we are right, this maturity suggests that current prices are very much supportable from a fundamental perspective and, in turn, that continued advance could well be on the cards for Lisk as we head into 2018 and beyond.

Of course, right now, price is hitting all-time highs which means that we might be in for a near-term correction before once again seeing a resumption to the upside momentum. If this the case, however, any near-term correction could be a nice opportunity to jump in and pick up some cheap tokens before things reverse.

So what is Lisk?

The best way to think about Lisk is a decentralized application building platform but, unlike platforms like Ethereum, Lisk offers developers the opportunity to create applications using JavaScript. Ethereum, in contrast, necessitates that its developers create applications in a language called Solidity. Far more people know and understand JavaScript than do Solidity meaning Lisk could potentially be a much quicker and easier way for developers to build applications of all different types while still relying on the smart contract technology that something like Ethereum offers.

Lisk also employs sidechains to help overcome both scalability and internal error issues. To put all this another way, if a developer wants to develop an application on the Ethereum platform, they do so using Solidity and the application is built directly onto the Ethereum blockchain. With Lisk, on the other hand, the applications are built on sidechains which are then connected to the primary Lisk blockchain.

So what does this mean?

Well, it means that if there are any issues with the application, the issues are restricted to the sidechain and won’t (for the most part) impact the primary chain. It also means that thousands of applications can be built using Lisk and be running simultaneously without choking the primary blockchain network – again, something that has plagued Ethereum over the last year or so as the wave of ICOs and decentralized applications has hit the network.

So where do we think this one’s going next?

As mentioned above, there is a good chance that, near term, we might see some degree of correction as the shorter-term operators take profits off the table and markets consolidate. Again as mentioned above, however, we don’t see this as a bad thing. Consolidation is a sign of maturity and for anybody looking to pick up a long-term exposure, it offers a cheap way to do exactly that.

As far as fundamental advance is concerned, it’s all about adoption. If the company can attract more developers to its platform then more LSK is going to be required to fuel the development and operational activity of the applications said developers create.

As such, we are looking for any indication that the platform is becoming more popular (such as that which we are seeing right now) as supportive of a long-term bullish thesis for Lisk and, in turn, LSK.

We will be updating our subscribers as soon as we know more. For the latest on LSK, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.


Image courtesy of Lisk

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Bitcoin

Trusted Crypto Tumbler To Protect Your Wealth

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Back when Bitcoin originally emerged, over 11 years ago at this point, cryptocurrency transactions were believed to be fully anonymous. This belief stuck around for years to come, but today, we know that, in most cases — this is no longer the truth.

Since the invention of blockchain explorers, it became possible to track every Bitcoin transaction, all the way back to the genesis block. This came as a part of blockchain transparency which promises to eliminate corruption, theft, and other such issues.

However, there is still a need for a certain level of privacy, as people like to keep their wealth to themselves, and not let everyone know how much money they have, or how much they sent for whatever purpose. This is why many are now using crypto tumblers, or mixers.

What do crypto mixers do?

As the name suggests, crypto mixers/tumblers mix up the coins in order to hide/disguise/make it difficult to discover where the coins came from. Things like the amounts, transactions, and wallet addresses to and from which the coins travel are fully traceable, which is why tumblers exist.

In a way, you could say that mixers can add an extra layer of privacy while using Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies. There are many Bitcoin mixers Continue Reading

Bitcoin

5 Best Places to Bet with Bitcoin

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It seems like BTC is always making headlines for one reason or another.

When the market points towards bullish behavior Bitcoin is all the rage. When there is so much long action (going on right now) and then the price plummets, BTC also dominates the headlines. The same goes for legislation and when any new crypto product or platform comes out. It’s always compared against BTC.

So with BTC fever in full swing, sportsbooks around the world have adopted digital currencies as one of their main forms of funding accounts and paying out winnings. And with sports betting legalized in states across the USA, both BTC and legal online gambling are in the limelight. 

But where are the best places to bet using BTC and other cryptos? Furthermore, why would you want to use BTC, LTC, or Ethereum in this manner?

The Why

The principal reason why you would want to use cryptocurrencies in your ‘sports investing’ ventures is speed, cost, security, and bonuses.

When you use cryptos like BTC (BTX) to move money in and out of your account. You bypass the standard centralized banking system which drastically improves on both the speed of the transaction and the cost of the transaction – this is especially true with payouts. 

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Bitplaza Inc Introducing Cryptocurrency to Retail

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Even though influential companies are not ready to validate cryptocurrencies as a stable form of money, Bitcoin is becoming a more frequently used currency daily. There is a rising number of companies that accept Bitcoin for the purchase of their products, validating it as a spendable currency around the globe.

Bitplaza Inc took the next step into technology and commerce, providing customers with a platform where they can spend Bitcoins for their needs through a mobile device. It opens the opportunity for companies and brands to list their products in exchange for Bitcoin, which will give more credibility to the coin.

What is Bitplaza?

Bitplaza is a shopping app that belongs to a retail company called Bitplaza Inc, located in Pennsylvania. The app is available on both Google Play and the Apple App Store. Bitplaza allows anyone globally to purchase brand new items with Bitcoin. The app has a wide variety of products to buy online, from electronic devices, video games, even groceries. The products that can be purchased from the app range from popular brands such as Sony, Starbucks, Adidas, Apple, and many more. The Bitplaza team is always adding new products to the shopping app, making more items available to be purchased with Bitcoin. The app covers a broad range of products for the different needs of the…

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