Don’t Forget, Bitcoin Cash Scams People Daily – BCH Rebranding – BSV Faketoshi’s Vision

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Nothing should be considered financial or investment information. Enjoy the ride.

A noticeable trend in the market currently is the volatility of the Bitcoin forks. Both forks, Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV), exhibit extreme volatility which investors have taken note of. Most recently, the forks have launched new announcements and developments that we should be looking at and considering how the market will respond. In addition, we will discuss how Bitcoin Cash Scams People.

Bitcoin Cash Rebrands Website

Recently, Bitcoin Cash has made the subjectively smart decision to re-brand their website. No, this is not “new” news, but it still was recent enough to discuss.

Bitcoin Cash Rebranding

An obvious question is, who cares? Well, here’s one very clear reason why you should care. Bitcoin Cash is still projecting itself as the true Bitcoin through manipulative strategies. Specifically, the website still hosts a button titled “Buy Bitcoin” which takes you to a page with more information detailed below:

Bitcoin Cash Buy Bitcoin Button
Landing Page for Purchasing Bitcoin From Bitcoin.com

The deception comes to light in the phrasing of the words and placement of the digital assets when discussed. This has been known throughout the market as a general scam, but recently people have personally reached out with questions on this. With the rebranding, this is a great time to revisit the problem.

To reiterate the point, Bitcoin Cash is not the real Bitcoin. This is where people get tricked into purchasing Bitcoin Cash instead of the real Bitcoin. Bitcoin Core is the actual formal definition of the real Bitcoin. Make sure not to mistake this if you are purchasing Bitcoin, and if you are directing a friend to buy Bitcoin, just send them to Coinbase with your referral link and get that free $10.

Craig Wright is Not the Father

Craig Wright is the infamous leader of the Bitcoin Satoshi Vision digital asset. The awesome reporters over at beincrypto.com posted a (humerous) article about Craig being accepted as Satoshi Nakamoto, the true creator of the Bitcoin whitepaper. Although, this is only in Bogota, Columbia and really does not mean anything. Still, having someone on this Earth support his boisterous claims, only leads to fuel his madness.

Additionally, Wright has been adamant about targeting the real Bitcoin community and swore vengeance on the entire network. He even claims that the addition of the Sedgwick protocol, for layer two solutions, is innately flawed and will result in the termination of the entire blockchain within a years time. Well, with the clock ticking and Craig now being targeted by regulators in the U.S. it sounds like his network is flawed and about to be terminated given a years time.

Bitcoin Satoshi Vision Price MANIPULATION

Bitcoin Satoshi Vision Price Movement Via CoinMarketCap

One thing is for sure, BSV will pump anytime just because of the constant exposure and fake news surrounding the project. Over the past six weeks BSV has had insane surges independent of Bitcoin. There is a clear trend of continued price manipulation on this project. Investors have learned to expect these manipulations and try to capitalize on the reoccurring trend. This is extremely dangerous, and I would not recommend it to anyone looking to trade crypto unless you hold tight stop losses.

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Altcoin Market Incoming – Bitcoin Over $10,500

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Nothing should be taken as financial or investment advice. Enjoy the ride.

Finally, Bitcoin has reached levels not seen since March 2018. There is a ton of speculation as to why Bitcoin has been unrelentingly pumping, but the answer may be simple. The simplest answer is, the OTC market is out of available Bitcoin and demand has started to far overcome current supply in the market. Constantly, the top wallets have been accumulating Bitcoin since the 2018 crash creating this supply issue.

Bitcoin Price At $10,000

The lacking supply has brought BTC back to recognizable levels quickly over the past two months with Bitcoin blowing past the $6,400 dollar level and into the $8,000 dollar levels. Now with Bitcoin breaching $10,000, investor confidence has returned. There is no more talk of a “bear market” around the industry. Now the only talk is of when to hedge and when not to.

This revisit to $8,000 and $9,000 clearly pulled many reclusive heavy handed investors back from the depths of their hidden portfolios. Although, now that Bitcoin has blown past the unforeseen $10,000 psychological barrier, what will happen next?

Bitcoin Dominance Is High

Currently Bitcoin dominance is soaring to heights that are concerning. On the current surge, we are at least seeing a good trickle into Ethereum and XRP prices as well. The concern lies in the fact that most top altcoins in the top 50 have not directly mirrored these surges. Traditionally, the altcoin market takes place 1 to 2 months after the Bitcoin rally peaks out.

The question at hand is, did Bitcoin just peak? If so, we should see the Price of altcoins start to oump and the market cap dominance of Bitcoin begin to dissolve slightly.

Hedge BTC Back Into Altcoins

Specifically, whales will capture their BTC gains and funnel their profits and principal back into a index of altcoins. This is in preparation of the second surge, the altcoin market.

The altcoin market is when a majority of the market really starts to make money on their investments. For instance, Bitcoin Raised over $10,000 but if Ethereum goes over $1,000 again, investors will make way more money.

Likewise, once projects like Cardano, Iota, Ripple, Litecoin, Monero, and other top assets pop, loyal hodlers will reap massive returns. Let’s take a look at the former market prices when Bitcoin was last at $10,000.

From simply comparing the prices of today’s assets and the asset prices of March 2018, there are some conclusions to be made.

First of all, the prices at this date had already suffered anywhere between 40% to 80% retracement from their all time high. This was a huge blow to investors across the space. Altcoin confidence dropped quickly, and to today has yet to fully return.

Second, the prices of altcoins were extremely inflated in the last bull run of 2017. Without working products, finished research or even real networks, these projects pumped to market caps that made the traditional market seem silly.

Finally, There is immense room to grow for the altcoin market currently. These coins should start to slowly gain back that euphoria level of investing with Bitcoin tipping over that $10,000 barrier.

Hedge Into Altcoins

Slowly, it would be smart to capture Bitcoin and Binance Coin gains if you have either of these projects. Choose rather to reinvest those gains elsewhere for a higher multiplier in the coming months, or wait in a short position. Both approaches should be done incrementally over time as price levels are hit and the potential for higher multipliers decrease from previous growth on Bitcoin. Additionally, this is a short-term analysis, so keep in mind that long-term the strategy could be completely different.

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Binance Coin New All Time High – Now Fully Available to Indians – Bullish Sentiment

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A toast to all of the BNB holders out there. Congrats on the used lambos.

BNB Market Sentiment

There are anxious investors watching Binance Coin, BNB, very closely right now. With the rest of the market slowly recovering, BNB has been pumping for months without stopping or significantly retracing. Let’s look at some of the reasons this asset is continually climbing, and why you may want to hedge into this prosperous asset.

Nothing should be considered at investment or financial advice. Enjoy the ride.

Binance Fully Available to Indians

This news is huge if you are a hodler of BNB or simply enjoy positive market growth. BNB has been gaining massive amounts of exposure recently, and it does not seem to be stopping. With this newest addition to the portfolio, BNB now has full access to almost 1.37 billion people.

India, in general, is currently very hostile towards to crypto market, but extremely bullish on blockchain development. The job market over there has been exploding with plenty of coders and young cypherpunks piling into the industry. In contrast to this, the federal level banks in India are constantly trying to restrict this market and cap its growth.

Binance Coin Volume

BNB is becoming quite the trading pair across other markets. It is only time before the asset becomes a top 5 coin simply from organic growth. Each exchange that adopts this coin will additionally gain more traders and exposure to their own exchanges simply from adding the coin to their platform. In a sense, it is a win win for everyone.

BNB Reaches All Time High

BNB has broken through all trends, indicators and RSI levels. It is currently in a league of its own, stopping for nothing except for one recent announcement. The announcement was centered around the removal of U.S. users coming up in September due to regulatory concerns. Even that massively bearish news, only made the asset shortly dip and bound back to an all time high.

Thus far in 2019, if you bought BNB at the bottom you would have an 8x return on your investment. For instance, if you invested $10,000 into BNB, you would have around $80,000 today in only a few months.

A big question right now is, can BNB continue to grow? For that answer let’s look at the current market cap of BNB. The market cap is currently hovering over $5 billion USD. This is very large for most digital assets, but comparatively to most companies or stocks around the world, this is not even a drop in the bucket. $5 billion is a small evaluation for a coin of this magnitude, and will most likely still provide 10x gains throughout the coming bull market without question.

Binance Coin Utility

We could easily map some of this growth to the growing utility of the asset. Specifically, most investors need to retain a minimum of 500 BNB in order to get the maximum lottery slots for upcoming Initial Exchange Offerings (IEOs). This has made investors quickly buy back any BNB they short, providing stable growth without substantial price deflation. Every IEO launched thus far on Binance has reaped profitable returns, making these a must for any risk friendly investors.

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Crypto Prices Are Being Setup to Explode in 2020 – Altcoins Currently Under Valued

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It is no surprise that the recent news around the market has been sending sparks everywhere. Clearly, the price of Bitcoin has been pumping to the positive news announcements and heavy handed investors reentering the market. Following these pumps, what will happen with Libra Coin, Russia and Halving? Let’s discuss and talk about some of the changes that will come to pass setting 2020 up to be the most anticipated year for Bitcoin yet.

Nothing should be taken as financial or investment advice. Enjoy the ride.

Facebook Libra Coin Impact

With Bitcoin already stampeding it’s way to $10,000 before most coins break a 20% recovery level, the market is getting more and more uncertain. Specifically, the release of Libra Coin has left the market with curiosity as its middle name. No one knows yet how it will impact the market, but there is one opinion to really consider.

The new stable coin will hopefully hit the market and drive new exposure to the crypto world. Pending the Facebook social coin can get pass the regulators it is. Congress is already calling for the halt of development on this so called “cryptocurrency”. Although, some people in the community are calling this the “AOL moment” of the internet era. This relates to the start of teaching people what an “email address”, Bitcoin address is in this case, is to the masses.

The impact should be minimal to the price of crypto short term, but remember the real use case for blockchain is infrastructure. With Facebook enabling a new bridge to the mass market, blockchain infrastructure will start to develop faster than ever. This will in turn inflate the price and continue to boost this emerging market long-term.

Russia Accepting Cryptocurrency

Additionally, there has been positive developments in terms of regulatory clarity and crypto acceptance in Russia. We have previously seen Russia hint at developing their own national stable coin. In addition If you do not know, Vitalik Buterin is a personal friend of Putin’s, and it would not be hard to imagine they have already started collaborating on the project. Of course this is entirely speculatory, but it is not a stretch to imagine.

Another side of the coin is the blatant acceptance of cryptocurrency throughout the country. The Oligarchs run Russia and it has been known for years that they are purchasing warehouses, banking branches and gateways for the crypto revolution. The Oligarchs have been preparing for the monetary shift, and Russia will be more than happy to get rid of their USD reserves as they view it only as a economic hedge and necessity. Any process that slowly moves Russia away from the US market sentiment will be supported by their officials and governing offices.

The third thing to focus on for Russia is the crypto outpost they are setting up outside the border of China. This is huge for both markets, especially if they agree on it and pass regulatory approval for both parties and citizens.

“Big Ussuri island is very conveniently located, on it are the Chinese and Russian borders. So if you build a centre for the development of cooperation between the two countries – that’s where. The island is within the boundaries of Khabarovsk, so the city itself can become an important hub for trade digital currencies”.

Quote by Cocks, site: your-cryptocurrency.info

Atlcoins Undervalued

With the market heating up and Halving right around the corner, this is the time to capitalize on low altcoin prices. As the market broadens on news and Bitcoin dominance once again, where are the altcoins? Historically, the altcoins pump extremely hard 1 to 2 months after the initial Bitcoin price surge. So far, the market has been quite and the small bull run we are having is having little impact on a majority of the coins on the market.

If you are actively trading, there is no way to know if Bitcoin will continue to surge or the alts will take over. Traditionally, it has not been sparked by a single incident which makes shorting Bitcoin extremely dangerous currently. Hodl seems to be the only strategy in times like these and hope you pick the right asset. One thing is clear for sure and that is the Altcoins have yet to surge in price. This pressure could actually be good, seeming that the pressure builds to and even greater jump in altcoin price soon.

BITCOIN HALVING 2020 PROJECTIONS

Bitcoin Halving 2020 Projections are up in the air. Most influencers are quoting numbers around $50,000 per Bitcoin and up. Some have gone out on a limb and said $250,000 per Bitcoin, but realistically, if Bitcoin breaks $30 ~ $40 thousand we will be doing extremely well in 2020. More than likely, Bitcoin will not shoot up to these insane $100 thousand levels people are predicting, but I have been wrong before.

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Ripple is Amassing the Strongest Team in the Market.

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Everyone knows about the strength of Ripple labs and their XRP token in the crypto market. Regardless if you think XRP is a true cryptocurrency or not, every move Ripple makes propels the crypto community further and further. In the coming years, almost every asset with become inter-operable thus making the market one living unit. Think of crypto projects as websites, and soon we will have a structure set in place like Google to surf all of the websites all under one umbrella.

This is a loose idea, but the purpose is simple. Encourage growth of all crypto projects. Any exposure is good exposure for this industry, and the further one asset can go into disrupting the traditional world, the better for all. With that being said, let’s take a minute to check out Ripple’s most recent hire and available jobs.

Nothing should be taken as financial or investment advice. Enjoy the ride.

Jobs at Ripple Labs

In the past two years, Ripple has been on a hiring spree picking up some of the best people possible with traditional market connections and experience. In particular, Ripple has been targeting people with experience or networks with the SEC and other regulatory bodies. Most recently, Ripple picked up another person that fits this mold, Michelle Bond.

Michelle Bond at Ripple Labs

Michelle Bond Linkedin Photo

Michelle has worn many hats in her career. Here is a list of some of here jobs she has held since 2007. She has been on a clear path through the United States Senate to the SEC and now onto the blockchain space.

  • Ripple 2019 to present – Global Head of Government Relations
  • Blockchain 2018 to 2019 – Global Head of Policy
  • Bloomberp LP 2014 to 2018 – Head of Global Regulatory Affairs and Public Policy
  • United States Securities and Exchange Commission 2012 to 2014 – Senior Counsel
  • United States Senate 2011 to 2012 – Counsel for the Banking, Housing, and Urban Affairs Committee
  • Hogan Lovells 2007 to 2010- Associate, Corporate & Securities, Financial Institutions

Why is this important for Ripple?

Ripple Is Not A Security

The entire purpose of Ripple hiring the brilliant minds to finagle the regulatory industry is to navigate the laws to make sure XRP remains either unclassified or classified as not a security. Thus far from everything reported, XRP is currently not considered a security. With Ripple bringing on people with deep connections and experience in these areas, XRP will likely be classified as not a security within the year following Bitcoin and Ethereum’s favorable outcomes.

Ripple Labs Available Jobs

Besides the large hires happening throughout the market and in general, Ripple is constantly posting jobs for people to apply for.

Ripple Current Jobs Available Via Glassdoor

There are over 42 jobs listed currently for Ripple on Glassdoor with even more posted on their website.

Ripple Jobs Salary

A majority of the jobs are for Software Engineering, xRapid account support, and upper level management jobs. The Salaries are quite nice at almost all of the jobs starting above $100,000 a year. Many are much higher than this is you have the skill set required. If Ripple continues to grow and maintain the partnerships it currently has, it will not be long until Ripple starts to move the market all by itself.

Ripple Working With MoneyGram

The other top news with Ripple and MoneyGram has been substantially covered throughout the market. Simply, Ripple worked a deal with the company to buy out a certain percentage of the stock, projected over 10%, to create a partnership with the company. Essentially, this will solidify the use of xRapid throughout the client base of MoneyGram and expedite the on boarding process which takes so long to complete.

Ripple and MoneyGram Stock Movement

Additionally, the boost in exposure through blockchain association served to skyrocket MoneyGram’s stock prices instantly. Easily within the first few hours of the announcement, MoneyGram’s stock more than doubled in price. This is a great sign of the traditional markets opinion on blockchain related to partnerships and coordination.

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Visa is Launching Blockchain Payment System – Ripple Still Ahead

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The major payment processing companies have been behind the curve since 2008, but it seems some of them are trying to make a comeback to capitalize on the emerging technology. Recent news also mentioned Visa, Paypal, and even Uber are investing in the new Facebook stable coin, aka Social Coin. With the big names trying to move into the blockchain industry, current speculators have to wonder if the market will have the strength to push back from the intrusion.

B2B Connect Payment Processor

Specifically, Visa seems to be encroaching into Ripples’s realm as an international payment processing utility. The aim of Visa’s new product, Connect, is to enable cross-border payments with a simple and transparent blockchain based system. This platform was previewed actually in 2016, and was scheduled to launch in mid-2018 for commercial use. Although, there were delays and now the system is finally launching fully with the blockchain based transaction system. The key feature that this system is offering is direct bank to bank transaction system. Without a question, the use of a blockchain based solution is huge for this industry that originally denied crypto or blockchain as anything more than a scam only a few years ago.

We are excited to announce our work with innovators from Commerce Bank in the United States, Shinhan Bank in South Korea, Union Bank of Philippines and United Overseas Bank in Singapore. We are beginning to process bank to-bank test transactions with a few of these partners, with others to follow soon, as we gear up for the commercial launch of Visa B2B Connect.

-Visa, Late 2018

Ripple Vs Visa

Today, Visa is pushing this product into a new niche market. Their target customers will be high value corporate clients at first to run pilot tests with multiple solutions. After use cases and test runs are completed with a few willing clients, they will push forward into Ripple’s market, the big banks. Partnering with a massive payment processor company like Visa would make sense for these banks since the brand is trusted and has a good reputation.

Although, Visa is also not as confident and well sought after as it seems. They are known to have extremely high fees, and I can easily see corporations and banks wanting a new face in the game instead of the traditional market makers. Ripple or Stellar could potentially be that new face with an entirely new philosophy. It would not be hard to see Ripple capitalizing on some markets before Visa, simply due to regulatory and compliance concerns that Ripple has already had to over come for its products xRapid, xCurrent, and xVia. It seems Visa is behind the curve on some of the international requirements, even though it has been a stable payment processor for decades due to blockchain being completely different.

Additionally, Ripple has already built up a huge network of banks that are using the xRapid product, and testing out xCurrent and xVia. If I were Visa, I would try to capitalize on the high value corporate market and not try to go head to head with one of the largest projects in the space.

Our friends at Finance Magnates discuss the new release in there recent Youtube video in the first couple of minutes for additional information:

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Cardano, Ripple and IOTA Best Investments for End of 2019 [Full Perspective]

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The market has been twisting and turning for some time. Three assets specifically have not been surging as well as some of the other top assets in the market. Cardano, Ripple, and IOTA are those three assets. Each of these projects are unique and innovative in their respective ways, and I believe the lack of price movement means their accumulation periods are not over yet.

Each of these assets has a large and devoted community that are very committed to their assets.

Cardano specifically, has the three pillars of the main business model and the community that clearly loves and supports the project along with its leader Charles Hoskinson.

Ripple has been a long stable hold in the market with more partnerships than any other project on the market. Additionally, the XRP army paves the way for all doors to open and all haters to run.

Finally, IOTA was the largest gaining asset in 2017 and has huge partnerships and government connections. IOTA is also the top DAG based crypto in the entire market, which gives it a slight advantage to the other top assets.

Nothing in this article is meant to be taken as investment advice or financial advise. Enjoy the ride.

Upcoming Developments

There are huge releases, developments, and products coming out in the following months for these projects. There could be some massive price swings and FOMO if these items are completed and checked off of the list.

Shelly and Smart Contracts

Cardano has its Shelly test net update for single nodes coming up within days. Additionally, Charles has told us it will get rolled out and updated to completion quickly. The community is ready for this update and the following events of smart contract development on the Plutus function based programming language.

Coordicide of the Coordinator

IOTA’s main critique has constantly been the centralized consensus algorithm called the Coordinator. Recently, IOTA has been heavily investing in killing this problem since their network is finally strong enough. Once this passes, there will be no more excuses for those hating on IOTA and the market will start to take the project seriously again. Coordicide, as it is called, is projects to take place in 2019 which should be just in time for a nice December price pop.

xRapid, xVia, and xCurrent

Ripple’s three main products are continually pushing for more partnerships, markets, and developments. Most recently, Ripple signed on 14 more banks globally to their international monetary system. These products are all fully functional and banks are testing every one of them to utilize the Ripple network slowly but surely.

Fundamental Leaders

A very important note about each of these projects is that there is sound leaderships behind each one. Whereas Tron has Justin Sun shilling every second and pumping announcements of announcements into the market, BCH has Roger Ver tricking investors, BSV is well a joke lead by Fake Satoshi, and Stellar’s Jeb McCaleb is a con all the way back to Mt. Gox.

Ripple has sound leadership now that Jeb was kicked out many years ago and is lead today by Brad Garlinghouse. Brad is well respected in multiple industries and clearly has the connections to take Ripple to the next level.

Cardano is lead by the famous Charles Hoskinson. The only bad thing people have ever said about Charles is his choice of boots for shoes. Give the man a break ok? He’s the cowboy of the crypto revolution.

IOTA is lead by David Sønstebø. David is a brilliant man and sticks to his guns. He is also not the most boisterous. He tends to keep to himself and does not get brought up in the news much except for accomplishments and partnerships. The man is hard at work, and that’s who I want my money to be behind.

Marketing

Another reason these projects are ahead of the curve is their marketing approach.

Ripple is targeting the banks of the world and setting up a global network of payments. Ripple has connections on every continent and partnerships to match with them. Ripple’s marketing team is very strategic in their approach and are aggressive in targeting the largest banks around the world.

Cardano’s leader Charles Hoskinson, is leading the way by going to over 52 countries in the past 4 years. Charles has built relationships with kings, princes, government officials, congress men, and world leaders. There is a clear tactic to this approach, and we will see over time if working with the government will supply more utility then completely creating your own market and use cases.

IOTA is king of the internet of things. The leaders and founders have been invited to multiple EU events including the G20 previously to give a speech. Being invited to the most important meetings in the world to speak, is not to be over looked. IOTA additionally has great partnerships with multiple car companies aiming to provide a blockchain system to the future of autonomous driving.

End of Year Price Projections

Besides fundamentals, what can we expect price wise?

For Ripple, we can expect a strong push back to the $0.70 to $1 range. With Bitcoin finally being back over $9,000 we can start to look for the alts to make their move. Ripple has a huge community and high volume, but a little spark could easily send this coin soaring.

Cardano has been struggling to break the $0.10 range. From the constant accumulation period, I would not be surprised if Cardano grew quickly to the $0.20 – $0.30 range. This is a large growth from the current $0.09, but it is due time for this asset to have a pop.

IOTA is a hard asset to predict. With a lower volume, this asset could easily spike to great heights similar to the 2017 market. Currently IOTA is battling the $0.50 psychological level. Once broken, this asset could easily surge to a $0.75 to $0.90 price level with the hype surrounding the coordicide event.

Full disclosure, the author does own Cardano and IOTA. Ripple is also a great asset in general.

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Bitcoin Halving Could Send Bitcoin To $50,000 in 2020

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Bitcoin has been on a surge since April 1st. So, what would be the next “bullrun” for Bitcoin? Clearly the market should go into new highs and volume should reach an all time high as well. As far as adoption though, what needs to happen? Let’s discuss this and the implication of the upcoming Bitcoin halving.

Note that nothing in this article should be considered financial or investment advice. Enjoy the ride.

Bitcoin Halving

The next halving is on May 20, 2020. With simple analytics based on historical trends, any analyst could easily predict that Bitcoin’s price will soar to new highs after this goes into effect. Without basing Bitcoin price on sentiment, heavy handed investors should consider preparing before the pump happens.

Why is this the case though?

Simply, it significantly cuts the supply of Bitcoin that is pushed out into the market. Exchanges, OTCs, brokers and hedge funds all need this supply of constant BTC flowing into the market to supply new investors and large orders. Specifically, OTC desks require large sums up front with flexible negotiable terms. As the supply is cut, there are less miners and mining companies willing to sell their BTC in bulk which effectively squeezes the market.

Naturally from this squeeze, Bitcoin will become more valuable. As larger investors and traditional vehicles continue to open their doors to the cryptocurrency scene, this will only increase over time. Similar to the drastic increase in market cap for Gold, Bitcoin will also see more dramatic climbs in market cap and price.

Crypto Market

Focusing on the trading aspect, we can say that the crypto market is in a Semi-Strong market economy. This means that you cannot accurately predict the price movement from public or historical knowledge but it is still relevant. Furthermore, this infers that upon announcements, prices sharply fluctuate and investors can not gain the market after announcements are made.

This is a stepping point for crypto as we still lack the internal portfolio efficiencies that traditional investors would like to see. The top assets in the space are the closest to any efficient portfolio, but the forks of Bitcoin still exhibit extreme swings.

Similarly, there is a large amount of insider trading still happening daily throughout the market. For the crypto market to reach a Strong-market economy, this would have to be resolved and the insider trading would have to be foregone.

Bitcoin to Reach New Highs

In addition to the cut supply, investment vehicles like the proposed ETF’s, futures, derivatives, and options will boost adoption of tradition funds in the space. Every company has a set reserve of funds that they choose to hedge into different markets. The more options that the crypto market is exposed to, the better chance for crypto to be a choice of these funds.

If we review the historical chart of the gold price, we will see a clear trend once these vehicles reach mass adoption. To reach a $50,000 Bitcoin, the market cap of Bitcoin would have to reach around $1 trillion dollars. Currently, the gold market cap is $8 trillion which is a great indicator of the market cap potential for Bitcoin in the long-term.

At a $1 trillion dollar market cap for Bitcoin, that is only 2.5x times the previous all time high. For comparison, the 2013 all time high was $1,000, meanwhile the 2017 all time high touched $20,000. From a 20x time gain per bull run to a 2.5x time gain between bull runs is extremely reasonable. If Bitcoin reaches these levels, altcoins could easily make a new set of millionaires in this world.

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Largest Insurance Broker in the World Utilizing Blockchain + End of Year Projections

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There’s been a large amount of news shifting around the crypto market. A constant stream of FUD and FOMO in both directions across the market from Google and Facebook stepping into the scene, to Binance completely changing the name of the trading game. Here is my analysis on the current market standings and whether or not there will be a bullrun in Q4 this year. Additionally, I will disclose a hidden company that has been working behind the scenes to provide the blockchain industry with security and protection.

Disclaimer, this article is not to be considered as investment advice or financial advice. Take everything with a grain of salt and enjoy the ride.

Current Market Status

The market has been on a roar since April 1st. The Price of Bitcoin has gone from $4,000 to easily over $8,000. Historically, this usually triggers an altcoin pump one to two months after initial Bitcoin pumps. Although, it seems whales and investors are largely concentrating on Bitcoin price movements instead of shifting to the alts. The altcoins in this market are not “pumping”, at least not in the way we would anticipate.

There is still a decent amount of growth in the altcoin market, but for instance, XRP spiked to almost $0.80 earlier in the year and has yet to even come close to those levels. Cardano is having a rough time breaking the $0.10 psychological levels and likewise, EOS has come tumbling down after their announcement.

What we would have expected, is a uniform pump across the market for altcoins. Although, this is not the case. There are sects of pumps and dumps based on news and announcement manipulation. The only top coins that are trending heavily with Bitcoin are BCH, BSV, ETH, and LTC. With BCH and BSV leading the charge with sporadic massive price surges.

Clearly, these surges are not organic which is not what market markers and speculators would like to see. The prices are heavily manipulated in these coins, but it seems that manipulation has become the name of the game as traders look to capitalize on these known pump and dumps.

End Of Year Projections

As we shift into Q3, 2019 could look similar to 2015. After the previous bull run of 2013, 2015 was a year of sideways trading and some decent gains for the market as a whole in Q3 through Q4. We could very likely see this same scenario play out end of year. As good news continues to roll out of partnerships and main net launches, we could potentially see new all time highs this year.

Likewise, if Bakkt launches or the SEC provides an approving tone to the market we could see extreme FOMO. Although in light of the market trends and historical data, this is not likely. Probably, the market will tapper off throughout Q3 and have a nice pop into the Q4 holiday season. Moreover, I could easily see a $10,000 Bitcoin followed by a nice array of altcoin surges.

Insurance Brokers in the Blockchain

The insurance broker utilizing blockchain is one of the largest in the world – Marsh & McLennan . Marsh has been heavily investing and researching new and innovative ways to promote and develop blockchain based solutions. Personally, I have spoken with New York’s Digital Asset Risk Transfer team (DART) that is bringing large clients to market like exchanges, brokers and hedge funds. The market is vast and needing. There is absolutely no shortage of clients needing these services, which actually plays into Marsh’s hands. This gives them the ability to be selective with who they want to bring to market to set the tone for the future. There are some smart people at play managing these accounts from personal experience.

Additionally, there are several other projects they are working on internally that cannot be disclosed. With the leader of the industry diving in head first, it is safe to assume other brokers and insurance companies are doing the same. Most of these projects will look to utilize a private ledger blockchain similar to Hyperledger or build their own. In some cases, they will use public ledgers to authenticate and transmit non-critical data.

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Charles Hoskinson Hints at a Collaboration With a Major Sneaker Company

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On June 13, 2019 Charles Hoskinson gave a talk for the Emurgo sister company in Japan celebrating the 2 year release of Cardano (ADA). The topic of the talk – the success and progression of the Cardano ecosystem.

Cardano Ecosystem

The ecosystem consists of three branches: the Cardano foundation which focuses largely on community engagement, Emurgo which promotes business development, and Input Output Hong Kong which leads the scene on the technological and structural development.

These lines get quite blurred when you realize Emurgo is responsible for developing the Yuroi lightweight wallet for ADA, and Charles the ceo of IOHK is busy traveling the world striking business deals with entire countries.

Charles Hoskinson Traveling

Recently, Charles was in Ethiopia and Mongolia visiting with government officials trying to find solutions for the two countries’ many problems by utilizing one of the pillars of the Cardano ecosystem. Like this trip Charles has actually been to 52 countries over the past 4 years learning and solving the worlds problems. Astounding to say the least as the exposure for Cardano is growing as he speaks and walks.

Charles has a list of travel destinations coming up which include:

  • Georgia – planning to meet the Prime Minister
  • Uganda – planning to meet with the King of the region
  • Israel – Community engagement and meetings
  • Virginia – details unknown
  • Korea – details unknown
  • Bonisari Indonesia – details unknown

With every trip Charles is building his network, relationships and furthering the impact of the Cardano ecosystem.

Shelly and Sneakers

Back to the main point of the talk in Japan, Charles discussed a few of the exciting developments for the asset and the potential partnerships. Obviously, there are many things to comment on, but the targeted topic is the launch of the test net for single nodes under the Shelly protocol. This is an exciting time for Cardano and in essence, with this development, the asset is leaving its generation one phase and transitioning into generation two.

Generation two could be easily summed up as the generation of products. Now that the ecosystem is developed and maturing, full scale products can start to be built, maintained and progressed to impact the world in unthinkable ways.

Although, that is not the only thing Charles highlighted. Very briefly in the video, Charles threw in a short phrase which might have concealed something huge. He mentioned that Cardano has been collaborating with a sneaker company. There are many sneaker companies in the world, but the one that comes to mind has been in the news very recently.

Nike and Blockchain – Cryptokicks

Nike is one of the most prominent sneaker companies in the world, and they just happened to have announced a blockchain initiative and project in late April. The project, named Cryptokicks, is an ambitious dive into the crypto world. Nike will clearly need all the help it can get with this project and the fact that Charles now has a “sneaker company” discussing solutions is probably no coincidence.

This does not mean that Nike is the company collaborating with Cardano. In fact, it could mean just the opposite. Nike made this announcement and other companies like Adidas, Reebok, or heck even Uggs could have seen that announcement and thought, “Hey that is a great idea.”

In short, this is how markets are made with rapid adoption of competing companies. Regardless, the mention caught my ear, and I simply wanted to share with those interested in the little details of the Japan talk.

In full disclosure, nothing in this article should be considered investment or financial advice. Additionally, I do own Cardano.

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