When we look at the tech world, it seems like every day is Christmas. Well, Christmas in that sense that it comes packed with great atmosphere, gifts (products), and its magic (development). And that amazing development is what we will cover in this roundup!
Read about price predictions, decentralization, and crypto gambling. Let’s start this weekly roundup.
Circle’s Research On Centralized And Decentralized Prediction Markets
Circle Internet Financial published a post in which they compared centralized and decentralized predictions markets. Prediction markets are insanely popular since they give investors a chance to get an accurate, credible opinion. The main point is that centralized prediction markets are more expensive, with network usage fees ranging from 3% to 10% of profits. But, centralized prediction markets are dealing with “real money,” and so real losses, while crypto retains the aura of intangibility for most investors. In the end, investing isn’t a one-way street, and each investor should use what suits them the most.
XRP Has A Shot At Flipping Bitcoin(BTC)
2018 was and still is, an amazing year for Bitcoin. The Bitcoin outlived almost all other coins, reserving its price while others lost almost 90% of their price value. However, the whole belief in Bitcoin fell apart during the “hash war” between Craig Wright and Roger Ver. Now, as Bitcoin when there is evidence of Bitcoin’s centralization, more people may be inclined to invest in XRP. Also, the XRP will find its rightful place in the banking industry. Then, as the XRP finds in place in the mainstream industry, it won’t be unusual if XRP flips Bitcoin by the end of the year.
Traders Betting 2-To-1 Bitcoin Cash Fork Will Cause Price Decline
Even though a lot of coders, gamblers, and crypto enthusiasts are strictly interested in crypto, it seems like politics invaded this paradise lost. The “hash war” between Craig Wright and Roger Ver will probably lead Bitcoin Cash to split into two different cryptocurrencies. In turn, leads to BCH longs and shorts reaching all-time highs. And, this spurred several scenarios regarding the future of Bitcoin Cash, as well as some near-future scenarios. But, as always with crypto, only time will tell the story behind the fork.
Create Your Reality With Decentraland
The Ethereum blockchain-based platform Decentraland will host an open-world VR platform that will allow users to create their reality. And though it isn’t launched officially yet, crypto enthusiasts already can bid for land within the game’s space. The land has been auctioned off in the games ERC20 token $Mana. To make it more exciting, the clients will even get contracts that protect both investors and lenders. In-game trading was what Sakamoto envisioned crypto for in the first place. While that all is great, it’s still too early to talk about the results of Decentraland.
Ran Neuner Advise You To Buy XRP
It seems like nobody remained silent during the hash wars, and it surely did provoke Ran Neuner. The host of “Crypto Trader” went on Twitter, and claimed that crypto investors should move from BTC and Bitcoin Cash, and invest exclusively in XRP. The drama is totally real, as it went to the Twitter crypto community, where the tweet raised polar, controversial opinions. Nobody can blame Neuner or the community. It’s just how exciting the world of cryptocurrencies truly is.
Esports And Casual Games Looking To Transition To The Blockchain
With the exploration of online gaming and blockchain, it seems like their union is inevitable. And that’s not too surprising, that is when you look at the way games changed over the last decades. That’s why it’s just a matter of form the marriage between Esports and blockchain will take place. It’s certain, though, it will make its first steps during the ChallengeMe tournament. It will last three months, and the teams will compete in Counter-Strike: Global Offensive, which will be hosted by Unikrn.
Binance CEO Doubles Down On Bitcoin Bull Run
Ripple truly rocked the crypto world last week. All truly important industry players, including Binance CEO Changpeng Zhao and claimed another bull run, when he appeared on the popular show “Crypto Traders.” However, CZ claims he doesn’t know what the catalyst will be or why it will happen, but CZ is sure it comes. Still, CZ wasn’t clear on when it will happen either, but still strongly believes that the bull run is coming.
Financial Analyst Gary Shilling Shorts Bitcoin
Financial analyst Gary Shilling, from the infamous investment firm “A. Gary Shilling & Co,” is shorting Bitcoin. He believes it’s all some grand Ponzi scheme. Shilling based his reasoning on an entirely different set of arguments, which are closer to the “traditional financial reasoning.” First, he claims he doesn’t understand Bitcoin, and won’t invest in something he can’t understand, then it’s not a store of value, a medium of exchange, and it’s not accepted universally. Amidst the Ripple madness this week, listening to an industry elder’s advice maybe isn’t such a bad thing.
And that was it for this weekly roundup. Stay tuned for next week when much of these things will have their resolutions. See you next time, an explorer from the crypto world.