Wikicoin Alex Morris

Top 7 Best Bitcoin Trading Bots in 2018

📚 Wikicoin
Picking the right bot for automated trading may be difficult, but this comprehensive review of the top 7 best Bitcoin trading bots will surely alleviate the task
Top 7 Best Bitcoin Trading Bots in 2018

Trading bots are computer programs that automate the execution of trades on the market. They are extremely useful for beginner-level traders who aren’t capable of making an in-depth analysis of the charts. You cannot solely rely on Bitcoin trading bots, since they may go haywire and bring you substantial loses, but it still an effective tool for backtesting that provides you an ability to thoroughly test out a trading strategy without actually risking your own money.

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It is worth mentioning that trading bots get rather good reception from major cryptocurrency exchanges because they help them reach higher trading volumes and increase liquidity. There are trading bots for both inexperienced and advanced traders. Beginner trading bots are more suitable for individuals without programming skills. The article will focus on different types of bots. 

Top 7 Best Bitcoin Trading Bots in 2018,

CryptoHopper 

CryptoHopper is a Bitcoin trading bot that allows you to engage in automated trading 24/7. It can boast many useful features such as external buy signals from professional analysts who can determine a potentially lucrative investment. 

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In order to use CryptoHopper, you simply have to link it to an already existing account on any exchange of your choice. Once you’ve done that, you can adjust your trading instruments by accessing your Hooper dashboard. The CryptoHopper bot offers you a big amount of trading approaches that are fully customizable. If you’ve never had any experience of dealing with trading bots, it is advisable to go the CryptoHopper educational sector where you can see all the relevant information about using the bot for employing different trading strategies. 

There is a free trial, and once it expires, you have to pay for one of three premium packages. The priciest solution (‘Master Hopper’) will set you back $99 per month.

ProfitTrailer

ProfitTrailer is one of the most popular bots out there with more than tens of thousands active users around the globe. As of now, the trading bot works with three exchanges– Binance, Bittrex and Poloniex. All you have to do is to buy a license for a program that can be run either on your PC or on a remote VPS server. The former is the most reliable way to use the ProfitTrailer bot, since it eliminates any connectivity issues. However, setting up a VPS server may be a bit challenging for non tech-savvy users.   
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ProfitTrailer has rather beginner-friendly user interface. The homepage displays all the important information that is required for monitoring your trading activity. In order to see all your holdings, you have to go to the ‘Pairs Log’ tab while ‘Sales Log’ displays everything you’ve sold while using the bot. 

When it comes to pricing, just like with the previous case, there are three packages with prices varying from 0.03 BTC to 0.09 BTC. Hence, the most expensive offer will currently cost you about $590 for three licenses, which is very reasonable compared to other bots.

GunBot

GunBot is yet another advanced crypto trading bot for algorithmic trading that works with numerous exchanges, including Binance and Kraken. The bot allows its users to pick various trading strategies that can be customized according to your personal trading style. These strategies include:

  • TSSL (trailing stop/stop limit),
  • Bollinger Bands,
  • Stepgain,
  • Ping Pong.

Once you’ve picked your trading strategy and a cryptocurrency pair, you can configure the bot using your exchange API for third-party programs. Now you can take advantage of any precoded trading strategy. As mentioned above, it is recommended to run any bot (GunBot is not an exception) on a VPS, since it gives you more stability and flexibility.  
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Such an extensive set of trading features obviously comes with a price. There are three premium solutions with the price of the cheapest one (‘Gunbot Standard’) being set at 0.065 BTC. ‘Gunbot Unlimited,’ which comes with unlimited access to all exchanges and the TradingView add-on for more strategies, will set you back 0.159 BTC. 

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3Commas

Now, we are going to focus on a relatively young Bitcoin bot that has already won over the crypto community. As of May 2018, it had more than 20,000 active users and its average trading volume exceeded $6 mln. It was launched in September 2017 as a pre-funded project. 

The system features three different kinds of bots:

  • simple,
  • short,
  • composite.

Simple and short bots allow you to do only one trading pair at a time (for going long and going short respectively). Composite bots, as their name suggest, supports numerous crypto pairs simultaneously. 

The peculiar thing about 3Commas is that they do not use popular trading strategies like Stepgain and Ping Pong. Instead, it relies on robust TradingViews analysis, but it still may seem underwhelming for ordinary traders. 

The prices are more than reasonable– you get a starter pack only for $25 while unlimited access to all available exchanges will set you back around $84. 3Commas is constantly expanding the list of available exchanges adding integration with Kucoin, CEX and other platforms. 

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AutoView 

The majority of the abovementioned trade bots are rather expensive, so if you are on a tighter budget and still look for an automated trading solution, then you should probably pay attention to AutoView. This cryptocurrency trading bot is super cheap, but it doesn’t mean that it is inherently bad. 

The AutoView bot comes in a form of a simple Google Chrome extension that gives you an ability to automate TradingView. Gunbot extension, for instance, has more advanced trading features, but they come with a significantly higher price. AutoView is not a beginner-level extension, since it requires users to manually program stop and losses into the script on TradingView. Those who are not good at programming can take advantage of numerous AutoView scripts that are available for free. For example, you can use the MACD indicator that gives you signals for both bullish and bearish MACD crossovers. 

There is a free version of this program with three available exchanges (1Broker, Bitmex Testnet, GDAX Sandbox). ‘Bronze Autoview’, which features Kraken, Binance, Bitfinex along with ten other 
cryptocurrency exchanges  costs only $5 per month. 
 

Haasbot 


Haasbot is the most sophisticated trading bot for true trading gurus. The project was launched in 2015 by Stephan de Haas. Despite the fact that this software has been around for a long time, many Bitcoin owners still haven’t heard about it due to its professional-oriented tools and rather a high price, which makes the product not affordable for run-of-the-mill traders.    
image
Unlike Gunbot or any other aforementioned Bitcoin trading bots, Haasbot puts emphasis on customization (you can create your own dashboard, focus on different indicators and so on). One can choose between trade bots, arbitrage bots and order bots– all of them are extremely easy to set up. Just like in case with AutoView, there are script bots as well, but they require profound C# coding skills.  
     
Haasbot offers three-month, six-month and 12-month licenses for different groups of users. The most advanced plan costs 0.208 BTC. This is definitely one of the most expensive offers on the market, but for slightly more than $1,200 per year, one can get an unlimited access to all HaasBots along with insurances, safeties and a myriad of trading indicators. 
 

Cryptotrader 

Cryptotrader is considered to be the most popular bot for automated trading. This Bitcoin day trading bot is compatible with basically all major exchanges, so you will have a seamless experience of running a GDAX bot or a Poloniex bot.  

On top of that, Cryptotrader has such a major advantage like cloud-based bots, which essentially means that there is no need to install software on your computer in order to run them. 
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With Cryptotrader, plenty of trading strategies are available for free, but you can still purchase new ones in the market section. Both amateur and professional developers are able to sell the source code for a new trading bot here. There is also a backtesting option for those who want to try out a certain strategy on batches of historical data without actually engaging in trading. While some critics argue that the cryptocurrency market is highly volatile for backtesting giving any relevant predictions, it may still show whether you are on the right path or not.  

The price of any Cryptotrader plan fully correlates with the BTC value. That simply means that you will have to pay more if another Bitcoin bullish trend persists. A total amount of five subscription plans gives you a diversity of choice – from Basic+ to Premium. Those who go for the most expensive offer will be able to run up to 25 crypto trading bots simultaneously, but they have to pay from $200 per month. 

The bottom line 

As you can see, we’ve just reviewed drastically different bots for automated cryptocurrency trading, but all of them can be considered a viable option depending on what kind of trader you are. Hence, it is hard to determine the best Bitcoin autotrader, since the decision solely depends on your personal trading needs. 

There are obscenely cheap offers in the likes of AutoView that require good programming skills. Beginner-level users may play safe and go for 3Commas or CryptoHopper. At the same time, high rollers may consider shelling out $1,200 to pay for the annual Haasbot license. 

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What is Bitcoin ETF- How to Invest in BTC ETF?

📚 Wikicoin
“What is Bitcoin ETF” has just one answer. It is investing in BTC ETF stock meaning that you do not get to worry about buying or storing
What is Bitcoin ETF- How to Invest in BTC ETF?

The release of XBT futures and BTC futures, coupled with the astronomic increase in the value of Bitcoin has caused more people to seek means of buying Bitcoin stock without investing directly in cryptocurrencies. It is then normal for questions like, “how to invest in Bitcoin ETF” to spike and we have answers to that question. So, without further ado, let’s get to it.

What is an ETF?

ETF stands for “exchange-traded fund” and describes a kind of investment fund where the price of assets like gold, stocks and oil can be tracked. These assets can then be traded on exchanges, just like conventional stocks. What this means is that investors have the option of buying and selling their holdings in this exchange-traded funds to other investors via the stock exchange.

What’s so unique about an ETF? Well, the major feature about ETFs is that they are relatively cheaper compared to mutual funds. This is because normally, ETFs are set up as passive index tracking funds. This gives investors access to the different niche markets and asset classes which are usually difficult to invest in.

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What is Bitcoin ETF?

Basically, a Bitcoin ETF is one where the underlying asset is Bitcoin. This means that when you purchase Bitcoin ETF, you’re purchasing the cryptocurrency, albeit indirectly. This is because you’re holding the Bitcoin ETF in your portfolio and this ETF tracks the real-time price of Bitcoin. Therefore, the difference is that when you invest in Bitcoin ETF, you have the luxury of trading Bitcoins without the struggles of buying and storing it.

Benefits of a Bitcoin ETF

Now that we’ve got the issue of “what is Bitcoin ETF?” out of the way, let’s explore some of the benefits of having Bitcoins as an asset class on an exchange-traded fund. One existing drawback to investing in Bitcoin is the complexity surrounding it. However, with the advent of Bitcoin ETF, the cryptocurrency will become open to a diverse set of investors.

This means that investors who were willing but hitherto unable can now invest in Bitcoin the way they would do for mutual funds and pension funds.

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We’ve established that as a result of the advent of ETF, the crypto market will have new entrants. It is then expected that Bitcoin ETFs will cause the value of Bitcoin to surge. This is in tandem with the occurrence in the early 2000s where ETF for gold was set up and the price of gold surged drastically.

How to Invest in Bitcoin ETF- What is involved?

To begin the process, you need to do is to open an account with one of the existing brokers. After doing this, get access to the account and proceed to fund the account. Then, you can navigate to the tab where you can trade. Search for your preferred investment trust and take note of the conditions attached to doing business. This is extremely important.

After doing this, you’re free to decide on any amount of shares you want to purchase and then choose the type of order. Some platforms give you an opportunity to preview your order and this is just to ensure that everything is in order. Be sure to confirm that you have the correct details of the order and then proceed to authenticate the transaction.

Subsequently, you can carry out trades on the same platform without the need for a crypto wallet or a digital exchange.

How to invest in Bitcoin ETF- Where to look

The Greyscale Investment’s Bitcoin Investment Trust (GBTC)

trust is a company that has a fixed amount of a particular commodity. Normally, investors come together to buy shares of this particular company and these investors are given contracts which serve to show ownership of these assets.

For example, a gold trust means that the company has a certain amount of gold that they own and investors are allowed to purchase shares that might be worth a fraction of an ounce of gold. Greyscale is a company that allows investors to purchase shares which translate to Bitcoins.

This company holds 175,000 Bitcoins and you are free to buy shares in this regard. One share of GBTC at the time of writing translates to 0.09196847 Bitcoins. Here are few things to note about GBTC.

  1. It provides an auditable ownership of cryptocurrencies via a traditional investment means. This means that the shares are in the name of the investor and can be used for tax purposes. The structure is also such that it can easily be transferred to beneficiaries.
  2. Shares of this GBTC can be held in some IRA, Roth IRA, and other similar accounts
  3. These shares can also be publicly quoted.
  4. One thing GBTC has in its favor is the array of trusted service providers backing it. Friedman LLP provides an annual audit for the firm while Davis Polk & Wardwell LLP is the legal counsel.
  5. Lastly, the assets are stored with Xapo Inc. This is a deep, cold form of storage and it is highly robust.

The future potential for Bitcoin ETF

The Commodity Futures Trading Commission (CFTC) has given a regulatory approval to include Bitcoin futures on the CME (Chicago Mercantile Exchange & Chicago Board of Trade) and the CBOE (Chicago Board Options Exchange). This is quite radical when you think of it and it opens the door for potential Bitcoin ETFs.

Being the major financial regulator in the United States, this regulatory approval can be hailed as a holy grail in the crypto scene. As a result, Bitcoin ETFs can be based on the regulated, publicly traded, and generally standardized Bitcoin futures.  

Conclusion

Different strokes for different folks. Whether your question was “how to invest in Bitcoin ETF?” or you just wanted to get an idea of the topic, this article must’ve gone above and beyond, opening your eyes to the potentials of Bitcoin ETF.

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Women of Crypto at the Crypto Invest Summit: Separate but Hopeful

Crypto events are beginning to invite more women speakers, but tend to feature them in separate Women in Crypto panels
Women of Crypto at the Crypto Invest Summit: Separate but Hopeful

In the early days of crypto community conferences, the number of women attending and especially speaking was notoriously low, but in the last couple of years, every major crypto and Blockchain event diligently features a Women in Crypto panel. The second Crypto Invest Summit, which took place this week at LA’s Convention Center, was no exception; indeed, the conference went all out for a full Women of Crypto track.

Women of Crypto as opening act

It’s worth noting, however, that the Women’s track took place on the day before the actual conference began. To avoid confusion, the event’s agenda page ran the following missive in red capitals: “No conference and expo on Monday. Conference and expo days are Tuesday and Wednesday. Monday is Women of Crypto pre-conference track and kickoff party.”

As one would expect under such circumstances, the audience for the track was a fraction of that which was expected to attend the summit proper. On the upside, just about half of the crowd comprised men, something the organizers noted as being a very encouraging sign of support from across the aisle.

Ladies only

Speaking of the aisle, another statistic of interest: all 17 panelists in the Women of Crypto track were female, while on the Main Stage over the next two days women made up roughly 20 percent of the speakers. In an earlier interview with U.Today, Crystal Rose–who was featured both in the Women’s track and on the Main Stage–mentioned her disappointment with the way conference organizers tend to structure panels:

“[Often], there are several panels with only men and one panel with only women. I think it would be interesting if we included men on a Women in Blockchain panel to get their perspective, to understand the challenges from their side, to empower them to bring more women into this space. Events created specifically for women in the industry are helpful for us to make connections, but we also have to take the next step, which is integrate.”

Scaling community and activism

While the exclusion of men from the Women of Crypto track was a missed opportunity to foster integrated and inclusive discourse, it did give the panelists freedom to delve deep into subjects that may not have commanded the full attention of the “usual” conference crowd.

Many panelists felt that the possibilities and opportunities promised by Blockchain technologies are especially urgent for women, people of color and residents of developing countries who are left outside the global financial system. During the Blockchain for Good panel, speakers discussed how Blockchain and cryptocurrency can help the unbanked millions directly, but can also provide much-needed transparency to non-profit initiatives that serve domestic and international relief causes.

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The Interactive Marketing panel advised the audience not to underestimate the value of grassroots networking and to keep in mind the vital importance of community not only for the spirit, but the very functionality of Blockchain. Unless the community is informed and involved in network maintenance, unless cryptographic technologies become accessible to any demographic and level of understanding, unless diversity exists not only among users but also among developers, Blockchain cannot become a truly scalable, global phenomenon.

Reclaiming sovereignty

Opening the Full Spectrum Blockchain discussion, Crystal Rose recalled that the Internet began as a space where users could interact anonymously, and only the introduction of social networks and online shopping began tying an enormous amount of personal data to our digital profiles. Today, Internet usage had come full spectrum to focus on the importance of privacy, sovereignty, and data ownership. However, sovereignty can’t be reclaimed unless there is wide-scale adoption, and adoption won’t happen until simple, easily manageable tools are available to the public.

The Blockchain ecosystem is evolving: the next stage will prioritize developing decentralized applications, improving usability and building community. According to the panelists of both the Women’s track and the Main Stage, the bear market is the best time to focus on building real, working, sustainable products and launch new projects.

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Invisible adoption

One of the main recurring themes of discussion during the Women of Crypto track, echoed over the next two days by the panels on the Main Stage, was the role of effortless user experience in driving Blockchain adoption. When crypto technology will run in the background of applications without requiring the user to understand the intricacies of the technology, the barrier to entry into the space will be removed.

The Internet is moving from the age of information to the age of experiences, and human beings are geared for gamification: hitting targets, checking off boxes, and collecting rewards. An intuitive user experience on the surface and the right incentive structure in the framework will help applications reach a greater audience.

Adding value despite challenges

At the conclusion of the event, a gentleman from the audience addressed the final panel with a question: “Why isn’t this part of the Main Stage program? I’m taking notes here and more people should see this. I hope it’s being recorded?” He was reassured that it was, in fact, recorded and would be available online. The panelists and organizers thanked everyone for coming out a day early, encouraged the men in the audience to continue supporting women in the space, and treated the question of the track’s placement outside the main Crypto Summit program as rhetorical, for now.

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3 Best Dash Mining Pools 2018

📚 Wikicoin
Where to go for the promising Dash coin, and what are the options we recommend
3 Best Dash Mining Pools 2018

Being one of the top 20 cryptocurrencies in the world, Dash is being mined by thousands of people globally. It’s promising, reliable and still relatively easy to obtain in comparison with Bitcoin and Ethereum which take an eternity to generate valid blocks. However, mining alone isn’t always efficient and profitable– users with more powerful hardware get the reward, and there’s always the risk that you’ll stay with nothing.

It is no match for working collectively: together, Internet users unite forces and manage to win many more coins. Where to search for reliable and trustworthy partners? This review of the best Dash mining pool solutions is here to help you out.

What is a mining pool?

Just like other similar pools, a Dash mining pool allows you working with other miners and their devices across the Net to perform complex calculations and generate data blocks. Typically, the reward is split between participants proportionally. That simplifies and accelerates the process of mining.

However, not all websites are equally good for mining– do not rush to join the first community you see. There are a lot of factors to take into account, particularly the methods used to allocate rewards and the commission fee.

After performing detailed best mining pool comparison we have defined three leading portals that are worth being tried. All of them have multiple servers spread over the world which facilitates connection.

1. Slush Pool

In fact, Slush Pool is the oldest mining pool over there: it was founded in 2010 as “Bitcoin Pooled Mining Server” and renamed later. Today, Slush Pool is the fourth largest mining pool which comprises 11.4 percent of hash power overall. It’s not surprising when you consider the fact that is has servers in the US, Canada, Europe, Singapore, Japan and China. The website is said to be stable and reliable, and users also praise it for the simple intuitive interface as well as a wide range of mining options.

If you’re a newbie, Slush Pool is the best mining pool for Dash to familiarize yourself with the process of hunting for coins. For example, you can read the explanation of how payouts are calculated, how you gain scoring hash rate, etc. There’s a demo miner, and both simple and advances interface for more experienced users. You set up your preferences for mining devices you want to work with.

The minimum payout threshold is as low as 0.001 BTC (DASH will be calculated equivalently), though all pay-outs lower than 0.01 BTC is charged with an extra fee. Pool fee is two percent, which is quite democratic.

Slush Pool account
Slush Pool account

2. F2Pool

Also called DiscusFish, F2Pool is based in China and was established in 2013. It has a few servers in China, as well as the US and Hong Kong. This Dash coin mining pool represents about 5.5 percent of overall hash rate and offers a large variety of cryptocurrencies to gain.

Interestingly, F2Pool makes pay-outs daily on a PPS (Payment Per Share) basis of negative three percent. All transaction fees go to the pool. Minimum withdrawal sum is equivalent to 0.005 BTC. There are also some minor but pleasant incentives for miners, for example, for every mined one LTC you get 1,000 DOGE free.

Generally, F2Pool is reliable and efficient, but you need to know the English language to get help from forums– the website is present in Chinese language only. The signup process is a pain in the neck because you need a mobile phone to verify your identity via text message.

F2Pool Interface
F2Pool Interface

3. AntPool

Being the best mining pool in 2017, AntPool stays on the top of popularity and now is the largest mining pool possessing about 25 percent of hash rate worldwide. It features servers all over the world and implements a P2P mining protocol to connect you with other devices quickly.

As soon as you set up your account and start mining, payments will be done on a daily basis if you have managed to mine at least 0.001 BTC. Users are free to select the reward method. Typically, people prefer Payment Per Share (four percent fee on pay-out plus two percent of any transaction). However, there’s also Payment Per Last N Shares– it’s free but AntPool keeps transaction fees.

AntPool website
AntPool website

Mining Pool Comparison

To select the best platform for Dash pool mining, check out the difference between popular mining platforms:

Platform

Pros

Cons

Slush Pool

Reliable and offers servers in different regions

High commission fees

F2Pool

Transparent fee structure, several cryptocurrencies are supported

A mobile phone is required to register

AntPool

Easy navigation and choice of reward mode

Lower payouts

BTC.com

Trustworthy, miners share transaction fees

Problems with website navigation can happen accidentally

KanoPool

No registration process required, low fees

Poor functionality and features

Mining solo requires too many resources and hash rate which can take a bite out of your wallet. Two heads are better than one, and when it comes to mining, the more participants you attract, the higher is your chance to gain coins. With the best Dash mining pools at your disposal, you can multiply your profit exponentially.

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Lisk Price Prediction 2018\20\25: Professional Trader Forecast

📚 Wikicoin
The article runs about Lisk, a promising German startup which is expected to rival Ethereum.
Lisk Price Prediction 2018\20\25: Professional Trader Forecast

The Lisk price prediction presented below should not be considered to be financial advice. You are encouraged to do your own thorough research before making any serious investment decisions.

What is Lisk

Lisk (LSK) is a Blockchain platform that is fairly similar to Ethereum, but at the same time it has a few important differences which make it competitive.

The first distinction is Lisk’s programming language (it is a  JavaScript-based currency while Ethereum uses Solidity). JavaScript is significantly more widespread which will potentially allow Lisk to expand its influence since there are plenty of applications written with JavaScript and there are no language boundaries for software developers.

In sharp contrast to this, one will still have to learn Solidity in order to develop on Ethereum.

Instead of building smart contracts, Lisk allows its users to develop a brand-new application on a separate Blockchain. That means that you can any desirable features to an already existing platform.

While Lisk price prediction 2018 doesn’t include any huge jumps in the nearest future, Lisk definitely has a lot of room for growth. After all, both of these platforms are implementing top-notch technological features.

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Lisk’s current position

Lisk is a promising Berlin-based startup which has managed to raise almost $6 mln during the ICO release (that was the second biggest ICO at that time). Its founder Max Kordek states that Lisk is based on Delegated Proof-of-Stake (DPoS) algorithm which a significantly larger level of scalability compared to Proof-of-Work (PoW) algorithm.

Since LSK is still quite small compared to Bitcoin or Ethereum, they artificially keep a certain limit of transactions, but it can be gradually increased up to hundreds of transactions per second.

Lisk is doing extremely well at that time sitting at a whopping $632 mln market cap and exceeds Lisk price prediction 2018.  

It is even more remarkable if you consider the fact that Lisk still hasn’t released a single white paper project to this day. However, a few new ICOs are expected to be launched on the Lisk network in the nearest future. We will see how this will affect Lisk crypto 2018 predictions.

June was rather fruitful for LSK, since the company has recently launched custom tokens and dApp registration. The possibility to register own applications on the Lisk network will undoubtedly attack more customers to the platform. In October, Lisk also plans to enable depositing and withdrawing of sidechain tokens.   

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Lisk’s price prediction in 2018

On January 7, Lisk hit its all-time high reaching almost $39. As of now, the currency is only worth $5.90, but does it mean that it is collapsing? Absolutely not– Lisk price prediction 2018 is rather optimistic. If you take a look at the following Lisk price prediction graph, the coin tends to have big spikes in price.

Lisk hit its almost all-time high price in February when the cryptocurrency market became bearish. Such a rapid surge in price was caused by new exchange listings and huge excitement surrounding its rebranding in February, but numerous delays made Lisk cryptocurrency price prediction to go down.   

Time of the year (2018)   

Lisk prediction 2018

August

$22.7

September

$23.8

October

$25.55

November

$25.55

December

$15.64


*Please, pay attention to the fact that Lisk price prediction (December 2017) included a similar drop.   

At this moment, it is rather difficult to make Lisk price prediction 2019 and Lisk price predictions 2020, but the coin is generally expected to remain in the same range with slight gains unless a true crypto boom happens by 2020.  

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Positive/negative factors for investors

According to Lisk 2018 price prediction, there are few reasons to believe that Lisk may exponentially increase its price in the nearest future:

  1. First of all, Lisk is a very serious project. This startup was launched in 2016 and has come a long way since then because of constant innovations (check out the roadmap on their official website) and a strong team of developers behind the project.

  2. As mentioned above, Lisk is a JavaScript-based platform which means that many developers who are reluctant to learn Solidity, will flock in droves to engage in this exact project.

  3. Lisk allows companies and developers to be in full control of their projects with the help of sidechains.     

  4. Additionally, Lisk has already managed to build a rather strong community which is fundamentally important for making a positive price of Lisk prediction. Despite the recent price drops, many individuals are still extremely enthusiastic about Lisk.

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Despite the optimistic Lisk coin price prediction, there are still a couple of negative factors that should be taken into account before investing in Lisk.

The development of decentralized applications is an extremely competitive business in 2018. Lisk has a few high-profile rivals including Ethereum, NEO and Cardano. Before analyzing Lisk coin prediction, you should also take into account the fact that this ambitious project still remains in the stage of development. If Lisk receives lukewarm reception from businesses and the platform won’t make it into the mainstream, it will certainly negatively affect the value of LSK.

The bottom line is that Lisk is a promising project with a lot of potential for further growth, but the question is whether it will manage to gain a massive following in a highly competitive market. Lisk 2020 price prediction will definitely show a clearer picture.

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What Are the Moving Parts That Make Up Global Crypto Community: Review

Cryptocurrency growth and Blockchain technology can't be analyzed outside the context of the global crypto community. CryptoComes reviews the major players you need to know.
What Are the Moving Parts That Make Up Global Crypto Community: Review

The publication of Bitcoin’s white paper on Oct. 31, 2008, set in motion a revolution that was born on the back of passionate and vehement, but also a complex and unique group of people. This cryptocurrency community has come a long way since Cypherpunks began using cryptography to launch a disruptive wave that spawned a global movement, now populated by millions.

Different strokes, different folks

The crypto community that exists today began 10 years ago as a number of diverse small factions emerged within the burgeoning cryptocurrency ecosystem. As the first digital currency, Bitcoin was the trendsetter, introducing a tight group of technology and cryptography enthusiasts to a new project that would revolutionize the world.

A new development

This original group of developers and engineers still plays a significant role in the operation of the current ecosystem. Many continue to be heavily involved in the shaping and molding of the bigger coins, such as Ethereum and Bitcoin.

A new wave of developers is building and expanding the altcoin space. With each new ICO, the crypto community grows, adding more technical knowledge to the pot. Lessons taken away from the early stages of the cryptocurrency movement are applied to improve it and maintain its relevance.

As Bitcoin grew beyond the bounds of tech and cryptography forums, it started garnering the attention of those who were interested in acquiring something with the potential to gain value. This spawned a mining movement.

Digging into something new

The original Bitcoin miners were everyday people who, with the lightest of equipment, could haul out coins en masse because the initial difficulty level was very low. The genesis of the cryptocurrency mining faction, a powerful force today in the crypto community, began as a truly decentralized network. Anyone with a GPU could be a miner.

Today, miners have moved with the times and the increasing difficulty. They are claiming monopolies by banding together and creating pools that control large chunks of the entire operation. Some argue that these pools have diluted the democratic nature of Bitcoin, giving organizations within the community the power to shape decisions. Nevertheless, their role remains vital.

Big spenders

About a year after the white paper was released, Bitcoin was given a value. Liberty Standard set the first Bitcoin exchange rate against the dollar: $1 = 2,300.03 BTC. The first purchase of tangible goods with Bitcoin — two pizzas that came to BTC 10,000.

This development introduced a new sector to the community. Early adopters and investors began treating Bitcoin not only as a currency but also as an asset with a fluctuating price.

Since the beginning of this investor movement, many different groups have entered the community. Meanwhile, early Bitcoin investors have matured to become developers, influencers, miners and experts, taking advantage of the growing crypto space.

Hype machine

The news of Bitcoin’s astronomical growth in a very short time also caught the eye of a new breed of trader: the hype investor, in it purely for the promise of easy gains.

Like many first investors, hype investors enter the community through Bitcoin, hoping to profit from its volatility with little to no understanding of the inner workings. They tend to be very transient and fickle, easily manipulated, constantly moving in and out of the crypto community.

Nevertheless, the space allows these types of investors to grow. They begin to diversify and spread out to other coins.

Having sway

The cryptocurrency ecosystem is finally establishing itself in the mainstream market, with a large portion of the global population having at least heard of Bitcoin. However, the numbers of those who actually own cryptocurrency are much lower.

It is hard to put a figure on exactly how many people are part of the crypto community, or how many trade in cryptocurrency. To get a sense of it, the exchanges present some interesting data. According to its website, Coinbase, one of the largest exchanges in the US, has 13 mln users. This is impressive, especially considering that they only deal in four coins.

Different factors can affect the number of cryptocurrency users at any given time. One such influence comes from another sector in the crypto community.

The influencers

Within the community, there are a number of influencers both for and against cryptocurrency. It’s important to keep the naysayers involved because they can have a big impact on the overall scope and direction of crypto development.

Major coin founders are often vocal about the entire crypto space and their coin especially. People like Vitalik Buterin, Ethereum’s founder, Charlie Lee, Litecoin’s founder, and even those who were part of Bitcoin’s creation, like Nick Szabo all have a big say.

But not only insiders and developers influence the way cryptocurrency is viewed. Media outlets and personalities like Andreas Antonopoulos have dedicated a lot of time to spreading information both within the community and to the general public.

Outside of the walls

The crypto community continues to grow, encapsulating well known and popular figures from other fields, especially that of finance. There are outspoken supporters who are continually drawing attention to the positive aspects of cryptocurrency, like Ronnie Moas, a well-regarded stock picker, and antivirus pioneer John McAfee.

On the other hand, the expansion of cryptocurrencies to Wall Street has led a raft of naysayers  to join the crypto community unwittingly. The most famous case is JPMorgan CEO Jamie Dimon who has gone from calling Bitcoin a fraud to embracing Blockchain technology.

Passionate

The volatile nature of the cryptomarket space is well personified by its community. Regardless of their allegiances, the sectors where they find themselves or their stance on different aspects of the cryptocurrency ecosystem, the community members are always passionate. They will defend their point of view to the death, and while this may lead to opinion differences and factions, they continue to be the driving force behind this innovative technology.

 

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