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Reasons For A Litecoin Amazon Deal

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It is every crypto’s dream to become accepted by a large company that would make it famous and useful. Among the large firms, Amazon pretty much acts as the top jewel. However, the online store has been delaying a venture into the crypto world for a while now and has yet to make its choice when it comes to picking a coin for adoption.

Sooner or later, even Amazon will have to make this choice and actually go crypto. The adoption of digital currencies advances almost on a daily basis now, and the store won’t allow itself to be left behind. But, what is the best coin for Amazon? According to the majority of analysts, crypto enthusiasts, and even regular shoppers themselves, the choice is obviously Litecoin (LTC).

Why is Litecoin Amazon deal the best option?

Amazon has shown throughout the years that it is not scared of the new technology. In fact, in a lot of cases, it even led to the adoption of numerous new concepts. When it comes to Litecoin, it seems like this particular coin is Amazon’s natural choice. Both are very innovative, and they are among the best in their respective niches.

When it comes to the crypto world, most people would think of Bitcoin when they think of cryptos. However, even though Bitcoin has become the representative of the crypto industry, it is hardly the most practical coin around. Litecoin, on the other hand, is much better for an average user. It is more stable, and since it is a fork of BTC, it took some of its best traits. However, it left behind most of BTC’s weaknesses.

As far as the transactions go, Bitcoin might have been better if didn’t suffer from scalability issues and large fees that came as a direct consequence of those issues.

Litecoin’s coin, LTC, is quite spendable, much faster, and it can serve as an entry point for numerous users. A large number of them are Amazon shoppers already, so integrating LTC as a legitimate payment method would not harm Amazon or Litecoin in any way.

Another reason for Litecoin Amazon deal is the coin’s utility traits. They make it a much better choice when it comes to being adopted by an e-commerce outfit. It is decently valuable and quite usable, almost as one of the so-called legal tenders. All the biggest exchanges around the world have accepted it a long time ago. This expands Amazon’s influence and reach, and it will even allow its users to access their crypto funds via mobile at any time.

Litecoin’s very design is perfect for making online payments, and those payments are even more simplified through LitePay. Through a Litecoin Amazon deal, customers would always get what they pay for, with no extra fees, large chargebacks, and alike.

Possible bad sides of Litecoin Amazon deal

While Litecoin is the best option for Amazon, we admit that it is not perfect. While its design and nature are perfect for Amazon, it still suffers from one of the largest issues, that surrounds every digital currency. We are, of course, talking about the volatility problem.

Whenever you are dealing with cryptos, there is always a fear of getting damaged by price changes. The market has crashed more times than anyone can count, with possibly the biggest crash in crypto history happening at the beginning of this year.

While the fear of volatility is real, we need to remember what is it that the Amazon shopper expects from the system. The shoppers are looking for transparent systems, that are affordable, and easy to use. Litecoin meets their requirements completely, and even with the price volatility, it still remains the top coin for Amazon.

Before the market crash, Litecoin was doing pretty well, and it had a lot of support. After the price reduction, people panicked and started to sell. As the coin got oversold, its value dropped even further. However, this is not because LTC is a bad coin. It is something that has happened to an entire market, and every other coin out there.

Litecoin Amazon deal should remain the best option, no matter what happens to the crypto market. Even with the market remaining constantly bearish, the crypto adoption continues. As soon as Amazon is ready to make a choice and stand behind a specific coin, many are convinced that Litecoin will be the one they will choose.

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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.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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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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