The race of the crypto coiners

A financial crisis is coming up?

lifestyle, wealth, wealth creation bitcoin, financial freedom for the  taking

Which coin will make it to 2020?

A global financial crisis Is looming and should lead to an increase in blockchain value. Looking to 2020, the story is no longer about just bitcoin. Instead, it's about which cryptocurrency could become the next thing to be better than bitcoin. The interest comes from income Celsius makes lending fiat and crypto, much of the latter to hedge funds that want to short, or bet against, the coins.

Could well be that at 2020 the global financial crisis hits, and we see capital flight from countries with unstable fiat currencies into a more sound money FIAT and bitcoin and Altcoins. It happens in Argentina, Venezuela, and others. Even China is concerned with capital flight risks leading to heavy-handed regulations on the crypto economy.

Traditionally holding bitcoin while holding Bitcoins hoping for the best.

Financial Crisis, we haven't learned:

he international debt ratio to GDP has increased in all advanced economies since 2007. You would hope we’d learn our lesson from the 2008 financial crisis, but in fact the opposite is true. All signs point to a financial crisis , although predicting the timing is notoriously difficult. Global financial troubles will accelerate the transition to a crypto future and Bitcoin will absorb the highest percentage of capital.

Traditionally BTC

Bitcoin, the world's most popular and valuable virtual coin by market cap, is perceived to have led the charge higher in cryptocurrencies. It is, after all, the crypto coin most accepted by merchants, and easily the most-traded virtual currency of the nearly 1,400 that can be purchased by investors.

Bitcoin being an underperformer in 2018 taking a backseat to many up-and-coming coins and blockchain players.

The most established Crypto Coins are:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Ripple (XRP)
  • Stellar Lumens (XLM)
  • Savest Assets

    If you're trying to stay on top of the game don't forget that a lot of people will pick losers and stay invested. It is pretty hard to recommend a low-cost index fund of cryptos, but it doesn't exist -- yet. For the time being, be skeptical about the hottest cryptos. Their flames may dim quite a bit by the end of the year.

    worth mentioning is the Lighting network:

    The Bitcoin Lightning Network Beta is live on the mainnet in about 2020 or another 2 years of development. The Lightning Network will add value to the Bitcoin ecosystem. Hopefully we could see mainstream applications (lApps) being launched on Lightning, major online retailers accepting Lightning payments, and a variety of micro-payment solutions being realized. The downside is: The Lightning Network requires active involvement from all involved. Each party invloved needs to be online at the same time. A successful Lightning transaction requires choosing an optimal payment path from among thousands of intermediaries, and—since nodes are constantly flickering on and off—that path needs to be recalculated each time.

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