Ethereum Rising

Ethereum is a great cryptocurrency.
Ethereum is a feature-rich technology and cryptocurrency.

The Ethereum project is on the rise. The popular cryptocurrency, Ethereum, is rising in both price per token and public popularity. The recent release of Solidity 0.4.19 has several bug-fixes but nothing nearly as exciting as the Ethereum project offers overall. If you are involved with cryptocurrency then you have probably heard of smart contracts. Smart contracts are contracts built with computer software. They are largely self-enforcing. Ethereum uses the EVM or Ethereum Virtual Machine to process smart contract byte-code (pre-compiled code designed to run on a virtual machine) distributed across thousands of nodes. This is an exciting project with a much broader scope than Bitcoin. Imagine contracts that execute themselves with no enforcement from a court — talk about introducing a whole new paradigm in business globally! This can bridge tons of problems of business and put a lot of lawyers out of business.

I encourage our readers to check out Ethereum if they are considering cryptocurrency investments. Bitcoin, Litecoin, and Ethereum compose the “cryptocurrency triad” that serves as a vanguard for the industry as a whole. Read more about the Ethereum project at Ethereum.org.

Bitcoin Price Over $9000 USD

Bitcoin reaches all time high today of OVER $9000!

Bitcoin has passed a series of tumultuous hard-forks with a strong showing. With fears over the Segwit2x hard-fork a thing of the past Bitcoin surged past $9000 over the Thanksgiving day weekend. Bitcoin has reached an all-time high on growing investor confidence after successfully navigating a series of forks. Institutional adoption appears more likely than at any time in the past. If the Lightning Network works out in the coming year this price is not unwarranted in our opinion.

Surging up to $9400 USD as of the time of writing Bitcoin is poised to break $10,000 USD long before the end of the year (assuming a continued bull run). A surge in visibility for Bitcoin driven by it’s appearance on “normie” sources like CNBC and CNNMoney on a daily basis are helping drive awareness and improving trust among savvy traders. Institutional money has also helped drive Bitcoin’s price higher and its listing on the CME has helped boost its image with mainstream investors.


Bitcoin Cash Versus Bitcoin

Bitcoin Cash is getting a lot of buzz and the good news is if you owned Bitcoin (and controlled the private keys or had a reputable 3rd party holding them) you own Bitcoin Cash equivalent to the quantity of Bitcoin you had on the 1st of August 2017. A lot of FUD is going on regarding Bitcoin and Bitcoin Cash but here is something interesting I’m not seeing discussion on: back in 2015 Bitcoin XT was forked from Bitcoin and was to offer 8MB blocks. It currently has 2MB blocks and has had them for a long time. The plan was to double the block size as needed. Bitcoin Cash also seeks to do this. Will they be more successful than Bitcoin XT?

Wikipedia: Bitcoin XT

AlfaQuotes.com: Bitcoin Fair Value Quotes

Bitcoin price prediction website Alfaquotes is quite good.AlfaQuotes.com is a source of Bitcoin fair value quotes. AlfaQuotes gives you what “should be” the price of Bitcoin based on its cost to mine in equipment and electricity. Bitcoin is always becoming more difficult to mine as well as increasing in popularity so generally the trend has been upward. AlfaQuotes only takes into account certain Bitcoin mining related variables into its price which takes speculation pretty much out of the picture. AlfaQuotes intends to tell you how much it will cost to mine one Bitcoin.

Check out the chart at the bottom of the page and compare the green line representing the “AlfaQuote” price and the red line representing market value for Bitcoin. This is another good tool to track potential Bitcoin value. For the first time I have seen the AlfaQuote is approximately the market value. Previously it has always been pegged significantly higher than market value.

For more detail on how the price is calculated please visit AlfaQuotes.com formula page.

Hashflare.io: A Legitimate Hashrate Provider

So Where Can I Buy Legitimate Hashrate?

I often point out who is very shady or perhaps incompetent but I do not often promote any business due to the very difficult nature of ascertaining lasting and legit cryptocurrency businesses from those who are looking for fresh bag-holders.

In cryptocurrency you cannot really trust any actors or businesses due to the extremely volatile and high-intensity, profit-driven, scam-filled environment (isn’t that why we are here, down in the mire?).

One company that has consistently provided effective, profitable hashrate is Hashflare.io. In the future I will profile other admirable corporate attempts at cryptocurrency success but for now I can let you know for over approximately two years Hashflare.io has kept its contractual obligations. I have broken even on these contracts (SHA256 and Scrypt) over a year ago! I cannot say anything bad about this.

Read moreHashflare.io: A Legitimate Hashrate Provider