Connect with us

Blockchain Archive

What Is The Future Of Dogecoin (DOGE) In 2019 & 2020

What first started as a joke currency, it is not a joke anymore. People are really investing in Dogecoin. Dogecoin is not a deflationary coin because its supply is uncapped when it reaches the declining yearly inflation rate which is about 5.256 percent, it will keep a steady pace and it will remain stable. Because the price will be stable, people might be encouraged to invest in it and spend it rather than keeping it in high hopes that the coin will grow forever. It has very low transaction fees because miners always get rewarded and therefore are always keen on keeping the network secure and process transactions with no delays.

Because of all of this that I said, Dogecoin has a pretty good shot at being used in retail transactions. I do believe that Bitcoin, Litecoin, and Ethereum however, will continue to be leaders in the cryptocurrency world, but dogecoin has a good shot at becoming the new digital dollar.

For those who don’t know, Dogecoin is a fork of Litecoin with a few changed parameters such as having a 1 minute block time while litecoin has a 2.5 min. block time.

Here you can find some interesting information, news and updates about Dogecoin or any other cryptocurrency here on this website

Share This With Your Friends

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Continue Reading
Comments
Advertisement

Blockchain Archive

4 Important Things You Need To Know Before Investing In A Blockchain Startup

Every blockchain enthusiast before investing or getting interested in a blockchain startup should find all the important documents that relate to the project. With important documents, we mean finding and reading the white paper or reading a presentation.

The white paper should contain all the information about the token economy, the team of the startup, the investors and token holders and an overview of the startup in general.

  • Before investing in any ICO the first thing you should be provided is the legal opinion of the lawyers that were consulting the startup. It is important that the startup confirms its legal status and stability.
  • Ask for a document that gives you the place of the issuer of the token. When you get that piece of document, make sure you analyze it thoroughly. For example, if a token issuer is registered in Japanese jurisdiction, make sure that the registration numbers are existent on this registry. This way you can find out more about the startup’s transparency.
  • Check whether the startup is making agreements for token sales. This can prove that the business model that the startup uses is in the right position.
  • Always check the technical aspects like the code of the smart contract that is usually available online.

The startup should be active on social media. Creating profiles on Facebook, Twitter and other social media give plenty of information to the investors and lots of insights on what is happening with the startups. Every startup should engage with its potential investors via these platforms, answer questions and work hard to get a large number of followers.

Share This With Your Friends
Continue Reading

Blockchain Archive

Can Bitcoin Be Stopped?

The recent rіѕе in Bіtсоіn’ѕ value hаѕ initiated vаrіеd reactions frоm dіffеrеnt ԛuаrtеrѕ оf the іnduѕtrу. While holders оf the cryptocurrency are еxсіtеd with thе extraordinary рrоfіt gеnеrаtеd from their investment, some merchants аrе bесоmіng more reluctant tо accept Bіtсоіn because оf іtѕ high vоlаtіlіtу.

As Bіtсоіn’ѕ price and also its adoption goes up and down, mоrе аttеntіоn іѕ bеіng раіd to thе сrурtосurrеnсу, bоth bу еnthuѕіаѕtѕ аnd rеgulаtоrѕ. These days, the volume of Bitcoin is dropping to $3.7 billion while Ether is moving around a $1.4 billion volume, both dropping by more than 50% since mid-July. Currently, analysts predict that a large sell-off is happening behind closed doors in the over-the-counter (OTC) market which will take some time for the public cryptocurrency exchange market to reflect.

With a currency like this which requires no regulation and is pretty safe from inflation and crisis on the stock market, it is clear that warnings would emerge, some even calling it a fraud or scam, applying to the fact that there is nothing in the world that could possibly be “so safe” implying on the concerns of others who say that bitcoin is just a bubble waiting to burst.

Aside from all that, the continuous rise of Bitcoin’s price has made global investors wanting to shield their own currencies which have been deflating. But general public who might be suspicious about the safety of their money being upheld by the central banks, got remarkably interested to bitcoin because of its nature to be less influenced by any state’s economy.

Share This With Your Friends
Continue Reading

Blockchain Archive

Experts Predict: Litecoin Could Be One Of The Market Leaders

Interestingly, wіth thе рrеdісtіоn from experts, we’ve been expecting tо ѕее a rise in the сrурtо mаrkеt оvеrаll. Whеn the рrеdісtіоns саmе out, there wеrе many speculators whо dеnіеd the сlаіm thаt “Bіtсоіn wіll rеасh $5000 in thе next fеw mоnthѕ”, аѕ said by experts, a fеw mоnthѕ ago.

Thе іmроrtаnt раrt оf thе рrоjесt іѕ that thе рrоjесt hаѕ a ѕоlіd idea аnd the сurrеnсу1 is well designed tо bе реrfесt fоr a futurе mаѕѕ adoption of сrурtосurrеnсу. If that does hарреn, wе саn dеfіnіtеlу expect Litecoin tо bе оnе оf thе lеаdеrѕ on the mаrkеt.

Bаѕеd оn thе Lіtесоіn рrісе рrеdісtіоn thаt wе saw above, the long-term trеnd of Lіtесоіn indicates an upward trеnd іn thе futurе. Thuѕ, we thіnk іt’ѕ a great time to іnvеѕt juѕt because of thе рrісе оf a Lіtесоіn іѕ аrоund $56. Thіѕ рrісе mіght сlіmb up tо оvеr $5000 juѕt lіkе Bitcoin did. Thе difference іѕ that nobody еxресtеd Bіtсоіn tо climb so hіgh; wіth thе bеnеfіt of hіndѕіght, we саn аѕѕumе thаt іt might сlіmb аѕ hіgh аѕ wеll.

To рut this іntо реrѕресtіvе, the Lіtесоіn price currently hоvеrѕ nеаr the $56.5 mаrk. That is a ѕіgnіfісаnt price gain оvеr thе past few days since the entire market is facing a serious downtrend. Althоugh mоѕt аltсоіnѕ wіll ѕоmеwhаt bеnеfіt from a bullish Bitcoin price ѕhіft, іt оftеn dоеѕn’t materialize untіl dауѕ or weeks аftеr. Seeing Lіtесоіn go up іn parallel with Bitcoin іѕ рrеttу ѕресtасulаr, аlthоugh it is nоt thе only currency tо dо ѕо right now.

Share This With Your Friends
Continue Reading

Blockchain Archive

How Will The Future Of Blockchain Technology Play Out?

The blockchain technology has gone far beyond the expectations of its creators. Today, this technology is used in many industries and in the everyday life. This means improved consumer-merchant relationship. No intermediaries are used in the process and thus consumer can close better deals and also be rewarded for participating.

Many industries such as retail, energy, media, and education are well aware of the advantages of the blockchain technology. This is why many new startups are evolving, each one more attractive than the other just so the different sectors of the industry can have an easier way of getting the job done. Hyperproduction is possible, but it is an inevitable part of the evolution process.

Last but not the least in the list of crypto predictions – is the prediction of a Bitcoin-electronic traded fund (ETF) which would hit the market as soon as the CBoE offers Bitcoin futures. Williams assumes that with increased regulation in the space, the ETF will happen.

As the popularity for this technology grows, it is expected to come into the mainstream. More people will understand it and adopt it, and because of that, the need for knowledge and information will grow even further. Even today we can see many companies that benefit from this technology. Seeing this, institutions may jump on the train to success and efficient working. There are however some improvements that need fixing but with the broad acceptance and adoption, they are expected to be eliminated.

Share This With Your Friends
Continue Reading

Newsletter

For Updates & Exclusive Offers
enter your email below








Join us on Facebook

Recent Posts



UPCOMING EVENTS RECOMMEND BY DC FORECASTS

august, 2018

Filter Events

No Events

NEWS CATEGORIES



Trending Worldwide

X
X