Education Libellum is transforming the Supply Chain Industry with Blockchain technology. The platform seeks to verify suppliers in a click. What Is Libellum? Libellum anchors its operations...
Litecoin was the first cryptocurrency to perform a Lightning Network transaction in May 2017. Using the Lightning Network, 0.00000001 Litecoin was transferred from Zurich to San Francisco in under one second! Once Litecoin starts using the Lightning Network, it could increase the price of the Litecoin!
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Note: Now might be a good time to invest in Ripple, as its price has dropped 70% lower than it’s all-time high of $3.4 in January 2017.
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Litecoin was created in 2011 to improve upon Bitcoin’s technology. Litecoin completes a transaction 4 times faster than Bitcoin. However, unlike Bitcoin, the maximum number of Litecoin is capped at 84 million — 4 times more than the coin supply of Bitcoin (21 million).
what crypto currencies should you invest in Realize that Bitcoin isn’t the same as Blockchain. Blockchain technology is something many are bullish on, but that sentiment shouldn’t be confused with being sentiment about Bitcoin specifically. Blockchain is not Bitcoin, a company that calls itself blockchain is not the same as the technology blockchain. The new “blockchain killer” might not be.
A few projects go beyond the function of simply being able to transfer value and they offer sustainable solutions by way of decentralized processes. The advent and growth of blockchain technology is going to change the way we do business forever. The genie is certainly out of the bottle.
There are some good opportunities out there and in the not too distant future, I believe that mass adoption of cryptocurrencies will soon be upon us. But let’s not forget the naysayers, the doubters and the non-believers. When it comes to trash talking innovation, this was even taking place around 1879 when the American Register published an editorial informing readers
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Amount: Americas Mutual Fund Ratings Meet Vitalik Buterin, the 23-year-old founder of bitcoin rival ethereum
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However, there is a loophole. If you hold your coins for more than 1 year, you don’t need to pay taxes at all when you sell it. This rule was added to dis-incentivize day trading of other properties and stabilize prices by incentivizing holders. For cryptocurrencies it made Germany, and also the Netherlands, which apply the same rules, to tax havens. Some countries might have similar rules. In doubt, your tax advisor can help you out.
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You should have the same mindset with cryptocurrency investments. Before you decide what the next cryptocurrency to invest in 2018 is for you, let’s discuss the two main types of investment strategies for cryptocurrencies.
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Startups If you’re a cryptocurrency investor that maintains a complex and extremely diversified portfolio, the Blockfolio app is able to deliver a significant return on investment by automating a number of complex processes that are associated with diversified asset trading. The Blockfolio app can even help cryptocurrency investors in calculating and reporting capital gains tax on cryptocurrency investments.
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