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Bitcoin and cryptocurrency round-up 7 June 2018

Andrew Munro 7 June 2018 NEWS

What's happening in cryptocurrency?

The state of the art, Coinbase securities, Kolionovo, BlockBroker scam, social impact blockchain, LTC price analysis.



1. What does the future hold?

Hope you aren't expecting an answer.

At the same time, all projects need to make predictions and it can be worth paying attention to exactly what kinds of predictions they make.

2. Everything's coming up brokers

Coinbase is shaping up to start dealing securities.

It's all proceeding to plan.

3. Not your average crypto utopia, fortunately

Cryptocurrency utopias are a dime a dozen. Proverbially at least. In reality, they'll cost people a large portion of money and all of their dignity.

Forget the billionaires looking for a way to waste their money. The real action is in the villages where cryptocurrency has taken off by necessity.

4. "I wish there was a surefire way to tell scam ICOs apart from non-scams"

"Your wish is granted," said the BlockBroker anti-ICO-scam scammers.

ICO review sites are at that point where they would happily tell investors to put their money into a literal red flag.

5. Crypto charity idea: People buy coins then manipulate its price upwards

Boom. Instant net worth gain on paper.

Not-actually-a-jokes aside, blockchain is opening new doors for creative impactful ideas.

Litecoin price analysis: No it still doesn't do anything edition

Litecoin has been trading sluggishly lately, perhaps because it literally doesn't do anything and probably never will. But some analysts remain bullish in its long term future, citing its sheer moneyness and total spendability. Meanwhile, Litecoin holders look ahead to wider acceptance of LTC as a payment method because that's literally the only thing Litecoin has to look forward to.


Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VET, XLM, BTC, XRB

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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