Patrice sarda phuket

Patrice Sarda Phuket

2018 ALTERNATE COINS: RIPPLE AND LITECOIN

BY PATRICE SARDA – CEO COINS MINING

Patrice Sarda Phuket PAT R I C E S A R D A BITCOIN ARRIVED IN 2009 AND HAS SINCE THEN BEEN KNOWN AS THE MOST P O P U L A R C RY P TO C U R R E N C Y I N T H E WORLD. WHILE THIS IS A GOOD THING, THIS ALSO MEANS IT IS THE C RY P TO C U R R E N C Y M O S T P E O P L E L O O K TO INVEST IN. THE BLOCKCHAIN TECHNOLOGY HAS SEEN TREMENDOUS GROWTH SINCE 2009 AND NOW THERE ARE ABOUT 1800 C RY P TO C U R R E N C I E S I N E X I S T E N C E A N D T H E R E D E F I N I T E LY W I L L B E M O R E .

Patrice Sarda Phuket

WITH THE STUNT THAT BITCOIN PULLED IN 2017 A LOT OF PEOPLE ARE LOOKING INTO THE CRYPTO TRADING, BUT WITH THE EMERGENCE OF NEW CRYPTOCURRENCIES ALMOST EVERY DAY IT IS HARD, ESPECIALLY FOR A NEWBIE IN THE CRYPTO WORLD TO CHOOSE.

Patrice Sarda Phuket

EVEN THOUGH THIS IS NOT MEANT TO BE A STANDALONE FINANCIAL ADVICE, THE CRYPTO MARKET COULD SHIFT RIGHT AFTER I PUBLISH THIS ARTICLE, BUT FROM RESEARCH AND DATA GATHERED BY ME AND FROM COINMARKETCAP, IT IS SEEN THAT THE TWO ALTCOINS THAT STANDOUT IN TERMS OF POPULARITY AND CIRCULATION DUE TO THEIR BENEFITS AND DISTINCT FEATURES ARE LITECOIN AND RIPPLE.

Patrice Sarda Phuket

LITECOIN IS A PEER TO PEER CRYPTOCURRENCY THAT ENABLES INSTANT AND NEAR ZERO COST PAYMENT TO ANYONE IN THE WORLD. IT WAS DEVELOPED TO BRING IMPROVEMENTS TO SOME BITCOIN PROBLEMS LIKE SLOW TRANSACTION SPEED AND INTENSIVE GPU USAGE.

Patrice Sarda Phuket

RIPPLE, ON THE OTHER HAND, IS A SYSTEM CREATED FOR BANKS TO ENABLE FASTER PAYMENT AND LOWER COST, YEAH BYE TO 2-3 WORKING DAYS TRANSACTION WAIT TIME. RIPPLE CURRENTLY HOLDS THE THIRD POSITION AFTER THE CRYPTO-GIANT BITCOIN AND ITS RIVAL ETHEREUM ON COINMARKETCAP AND BITCROWN. I KNOW YOU MUST BE THINKING, THEN LET ME INVEST IN SOME RIPPLE NOW AND RIPPLE THE CRYPTO WATERS, BUT JUST BEFORE YOU JUMP THE BOAT AND CAUSE A RIPPLE LETS ANALYZE THESE

Patrice Sarda Phuket

EVEN THOUGH I JUST SAID ONE THESE TWO ARE KIND OF DIFFERENT FROM BITCOIN, THEY ARE ALSO AFFECTED BY THE PRICE VOLATILITY OF BITCOIN AND THE GLOBAL NATURE OF THE MARKET. IF RECENT EVENTS IN THE CRYPTOCURRENCY WORLD ARE TO BE CONSIDERED (YOU KNOW I MEAN 2017 RIGHT?), YOU CAN SEE THE INSTABILITY IN THE PRICES AND MARKET CAPITALIZATION OF MAJOR CRYPTOCURRENCIES. IT IS, THEREFORE, NECESSARY THAT YOU KNOW THE REASON FOR THE FALL IN PRICE OF YOUR FAVORITE CRYPTOCURRENCY AND THE PROBABLE FUTURE THAT IT MIGHT HAVE.

Patrice Sarda Phuket CONSIDERING THE STUNT THAT BITCOIN PULLED IN LATE 2017 AND EARLY 2018, AS FAR AS FUTURE PREDICTIONS ARE CONCERNED THE FUTURE OF ALL CRYPTOCURRENCY MIGHT BE BLEAK. THOUGH LITECOIN AND RIPPLE SEEM TO HAVE BEEN AFFECTED IN A VERY LITTLE WAY COMPARED TO OTHER CRYPTOCURRENCIES MEANING THEY WERE MORE STABLE THAN THE OTHERS. THOUGH THE FUTURE OF MOST OTHER CRYPTOCURRENCIES CANNOT BE PREDICTED, BUT DESPITE THE MAJOR SHIFT IN MARKET PRICES RIPPLE AND LITECOIN ARE EXPECTED TO HOLD THEIR OWN AND STAY ABOVE THE

Patrice Sarda Phuket

EVEN THOUGH RIPPLE SEEMS TO HAVE TAKEN AFTER ITS BIG BROTHER, BITCOIN. AS IT ROSE CONSIDERABLY IN LATE 2017 BUT HAVE ALSO SHOWN A VERY STEEP DECLINE IN EARLY 2018. THE MYSTERY WITH THIS IS THE FACT THAT THIS IS STILL ONE OF THE CRYPTOCURRENCY TO WATCH VERY CLOSELY AS THE MARKET IS LIKELY TO EMERGE IN THE COMING MONTHS.

Patrice Sarda Phuket

BITCOIN DESPITE THE RECENT DECLINE IN PRICE AND TRANSACTION RATE, IT IS LIKELY TO PASS THE $20,000 PRICE MARK IN COMING MONTHS. YOU KNOW WHAT? I AM ALMOST CERTAIN WITH GREAT CONFIDENCE THAT BITCOIN WOULD LIKELY HIT $35,000 AND MIGHT EVEN EXCEED IT AT THE END OF 2018.

Patrice Sarda Phuket

WITH THIS KIND OF EMERGENCE COMING FOR BITCOIN, IT WOULD DEFINITELY HAVE A POSITIVE IMPACT ON OTHER CRYPTOCURRENCIES. FOR NOW, WITH THE CURRENT LITECOIN PRICE BEING $ 173.70, WE ARE LIKELY TO SEE THE PRICE RETURN TO $300 OR $350 BY THE END OF THE SECOND QUARTER OF 2018.

BUT THE INVESTORS SEEM TO LIKE THE LITECOIN AND I CAN SEE WHY, BECAUSE IT’S FAST AND CHEAP, SO BASED ON SOME STUDIES IT IS SEEN THAT THE PRICE MIGHT RISE ALL THE WAY TO $500 TOWARDS THE END OF 2018 AND MIGHT EVEN CLOSE OUT THE YEAR AT $700 WHO KNOWS.

Patrice Sarda Phuket

YOU CAN LOOK UP MORE ON THE CURRENT STATUS OF BOTH ALTCOINS, TO HELP MAKE YOUR MIND UP ON THE NEXT VIRTUAL COIN YOU BUY.

PATRICE SARDA PHUKET