3 Coin Predictions to start off 2018, IOTA, Sia and Vert coin.
While there is many coins I like going into 2018 these 3 are my favorites.
I have done articles with each of these coins in them:
- Vert article: https://steemit.com/bitcoin/@embomb701/vert-coin-a-must-have-in-2018
- Sia Article: https://steemit.com/crypto/@embomb701/sia-coin-one-of-my-favorate-long-term-holds
- IOTA https://steemit.com/blockchain/@embomb701/how-scary-the-internet-of-things-iot-will-be-without-block-chain-or-tangle-technology.
But in this article I am more directly saying that they are, in my opinion a smart buy. While the articles focused more on their tech and why their tech was good, this article will do some Technical Analysis and some news that affects each of them. So lets get started.
IOTA, if you look at the below technical analysis you can see that we are wedging which could send us ether up or down, but when you have a wedge forming and good news about to break you can usually count on the break out being up!
Now for the news- "Q1/Q2 2018 is when we start announcing some of the partnerships for AV testbeds". This news is not yet priced in and will surly cause a run up in the next few week.SIA coin, if you look at the charts what we have is just a slow and steady run up, and once the news reaches more people I expect the run to gain more speed.
News- January 31st hard fork! "This fix is a hardfork that activates at block 139,000"Vert coin, the TA on Vert coin does not point to any dramatic breakout but Vert coin is terribly undervalued. As I wrote in the article vert coin is very similar to Bitcoin Gold but in my opinion better, however Bitcoin Gold has $278 evaluation but VTC just under $7. This will not remain this cheap very long, especially with the news coming out very soon.
News- Vertbase (vertbase.com), an US-based exchange for Vertcoin and the US Dollar, is launching at the end of Q1 2018. This will make it one of the only coins people in the US can purchase with Fiat, making this coin and exchange a competitor of everything on Coin-base. I believe once the news of this exchange spreads and people realize they have another option to buy a digital currency without having to use Coin-Base (who is not bring investigated for insider trading), this coin will finally get the valuation it rightfully deserves.
Again these are only my opinions, I am not a financial advisor, this is not trading advise. I have and will continue to invest in these coins and if you decide to do so it is your personal decision. Whether you agree or not, please feel free to leave me a comment.
If you like this article, please Follow so you do not miss the next one and Re-Steem so more people can find it.
Here is another article from another Steemer who has great picks:
https://steemit.com/cryptocurrency/@ant884/daily-coin-pick-hemp-coin-thc
Iota is a brand new and novel micro-transaction cryptotoken optimized for the Internet-of-Things (IoT). Unlike the complex and heavy blockchains of Bitcoin and the like, which were designed with other uses in mind, Iota is created to be as lightweight as possible, hence the name "Iota" with emphasis on the ‘IoT’ part.
The number of connected devices that will permeate our modern landscape in the coming decade is estimated to be 50 billion(!) Each of these are designed to make the world a better and more seamless place for us. Tied to this fantastic promise are of course a ton of obstacles to be overcome, of which one major one is micro-transactions. These connected IoT devices must be able to automatically pay miniscule amounts to one another in a frictionless manner without having to compromise on product design by introducing additional hardware. This is why Iota was conceived.
While it was developed as a solution to scalability issues faced in IoT, the underlying protocol is agnostic and can be applied in any other use-cases that utilize micro-transactions.
In order to achieve these audacious goals Iota’s design diverged radically from blockchain cryptocurrencies. It still retains the core principle ideas of the distributed consensus blockchain, but in order to be able to scale to the size of the coming Internet-of-Things ecosystem with tens of billions of devices that are connected to each other, it needed to be very lightweight and efficient. This problem is solved by Iota’s core innovation: the tangle.
Great addition, I was just touching on all 3 of my picks without getting too technical but your addition is well received friend. Thanks again for commenting, out of the picks IOTA is sure my favorite.
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All 3 of these starting moving up since I posted this, Damn I am good!
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Real nice. Check out:
https://steemit.com/iota/@migxxl/understanding-iota-not-another-bitcoin
Thanks, will do.