ALTCOIN NEWS: RIPPLE TERRIBLY FLAWED * CARDANO TO HIT $100 IN 2018 * WHY STELLAR WILL INCREASE 1000% IN 2018 * NEO WORST HIT BY CHINESE BAN

in #ripple7 years ago

ALTCOIN NEWS

Ripple

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Ripple (XRP) is centralized and terribly flawed, researchers say
"Times have been difficult for the cryptocurrency market, but particularly for Ripple – and it seems things are about to get even worse. Popular exchange desk BitMEX has unleashed a scathing critique of the controversial digital currency that deems its system centralized and goes on to disband most of its value propositions."

WILL CHINA ADOPT RIPPLE?
"Last year, the country shook the market by banning ICOs and cryptocurrency exchanges. This year, the regulations continued as the government also banned access to foreign exchanges. Now, amid these attempts to control the market and the industry in the country, rumors of the People’s Bank of China adopting of Ripple are coming to light."

CARDANO

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Cardano To Hit $100 In 2018
"Cardano was originally designed to be a cryptocurrency that does it all. It has incredibly ambitious goals, but it has some issues it will need to overcome to achieve them. It is, perhaps, the third generation of cryptocurrency, following on from revolutions like Bitcoin and Ethereum. It aims to have all the crypto functionality, while simultaneously overcoming the problems we’ve seen in other altcoins."

Cardano: This Crypto's Potential Is Its Greatest Strength And Weakness
"Trying to figure out exactly what they're trying to achieve and how they're trying to achieve it is difficult and requires some imagination. I've hammered out what I think the important points."

NEO

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Neo (NEO) Worst Hit By Chinese Cryptocurrency Ban
"In addition to the ban on cryptocurrency trading in China, there have also been fears of companies behind cryptocurrencies having to refund the amount they collected using the Initial coin offering (ICO). Taking into consideration that most cryptocurrencies gather their initial funds to support the project through ICO, refunding can be a devastating move and it could cripple many crypto coins."

What happened to initial coin offerings in China?
"The country was the first to ban the practice of fundraising using virtual currencies and has now cut access to overseas ICO platforms"

STELLAR

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Why Stellar Will Increase 1000% In 2018
"The cryptocurrencty tipped to explode in 2018 is not Bitcoin, Ethereum or Ripple, according to experts. The one to watch is Stellar Lumens. Similarly to Ripple, Stellar Lumens is designed to enact swift international transactions – they take just three to five seconds to be completed – but there are some key distinctions that make Stellar stand out. By the end of the year, we could see Stellar rise over 1,000% to a value on the market of $183 billion."

The developing world will anchor Stellar (XLM) growth
"While massive strides have been made towards providing financial services to people in the developing world, this still remains a challenge. That’s due to high costs, as well as other challenges that make it almost impossible for developing countries to efficiently offer banking services. That’s why I believe there is a massive opportunity for Stellar Lumens (XLM) to fully bridge this gap, and grow in value. Let’s go through some of the ways in which, the developing world angle to finance will push up XLM in 2018 and beyond."

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