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Qtum Price: What Awaits The Coin In The Future?

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QTUM price
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The crypto market is currently in a very exciting place, as the new bull run inspired numerous investors to search for new coins to add to their crypto portfolio. One such coin, that has started to gain more and more attention is Qtum. Now, many are wondering what can be expected of the coin, and more importantly — what to expect from Qtum price.

About Qtum

Before we go into price predictions, let’s take a quick second to see what Qtum is all about. This is a Singapore-based crypto that was launched back in September 2017. It is pronounced “quantum”, and it’s much more than a simple crypto — it is actually a business-facing platform. What this means is that the coin’s design makes it perfect for all sort of business-related tasks. It also supports the creation of dApps and smart contracts through a combination of Ethereum and Bitcoin-like technologies.

However, the coin also has a large potential to solve some major issues that both of these coins are facing to this day.

What to expect from Qtum price?

Let’s start with a reminder that price predictions are a useful tool in an investors’ arsenal, but are hardly the most precise one. The price is predicted through a combination of multiple aspects, such as coin’s behavior so far, it’s goal, technology, community, the team behind it, and alike. Still, the predictions cannot be accurate since nobody knows what will happen in the future.

The best that any analyst can do is give an educated guess, but even that might change if the market has a change of heart. With that in mind, let’s see what crypto experts expect from Qtum price in the following period.

Qtum price in 2018

As every other crypto, Qtum has suffered due to a bear market throughout the year. And yes, the year has had a few brief periods of recovery, but the bears always returned soon after that. Now, the bulls seem to control the space, and whether this will last or not is anyone’s guess.

Qtum price is currently at $3.91, with a 17.12% increase over the last 24 hours. Its current market cap is almost $348 million, which puts the coin at the 28th place on CoinMarketCap’s list of largest cryptos. Additionally, the coin has a total market cap of 100,905,568 QTUM, and a current circulating supply of 88.9 million coins. This is a good news, as the lower number of coins allows cryptos to have a higher price.

Because of that, and due to the fact that Qtum is actually a pretty good project, most predictions claim that its price will reach more than decent heights. Some last year’s predictions have seen QTUM’s price hitting $20 by December 2018. However, the experts did not predict the bearish 2018. While this can still happen, the coin would need a massive price surge to reach it, similar to the one that ended in 2017. Whether it will actually happen or not still remains to be seen.

As for the next few years, the analysts remain optimistic about Qtum. The project offers dApps and smart contracts creation, it’s compatible with ETH technology, it made some pretty big partnerships so far,  and the demand for it continues to grow. Trying to guess its exact price in three, five, or ten years from now would not mean much, given the volatility of the market.

However, with all of this in mind, it is clear that the coin does have a bright future ahead of it, and some real potential to rise to greatness.

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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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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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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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