Connect with us

Featured

Looking to Buy Ethereum? The Future May Hold Serious Potential

Daniel Chase

Published

on

stock_price_ethereum

The Return Of The Crypto

Bitcoin (BTC) became an overnight sensation last year when the price of one bitcoin (BTC) reached an all-time high of $19,783.06 in December 2017, and over the last 24 hours, cryptocurrencies have channeled the same energy. Bitcoin added 2%, trading above $6,600 for the first time this year, with bitcoin cash, the fork of bitcoin created last year, adding 13% as well. Analysts attribute this growth to Bitcoin bull and CEO of Overstock, Patrick Byrne’s fandom over cryptocurrency. Back in 2014, Overstock (OSTK), Amazon’s (AMZN) key competitor in domestic markets, starting accepting bitcoin (BTC) as a payment method for their site. Byrne has said, for some time now, that society is on the brink of a crypto revolution in response to the collapse of our current financial framework.

“People turn to it where they collapse, like Venezuela or Syria, something like that…When people start getting into it is when their own financial systems collapse. So yes, given that I think the entire modern financial system is a big Keynesian, magic money tree Ponzi scheme, I do expect that the day will come when people turn to crypto.”
-Patrick Byrne, Chief Executive Officer, Overstock

Humoring Byrne’s foretelling of the death of current financial systems is still a hypothesis until proven factual. In the interim, investors in the crypto space are gearing up for the potential revolution detailed in Byrne’s prediction by ramping up efforts to mine cryptocurrencies, most notably Ethereum (ETH).

Ethereum (ETH)

Similarly to Bitcoin (BTC), Ethereum (ETH) is a public blockchain network. However, whereas bitcoin serves the purpose of supporting a peer to peer electronic cash system, the Ethereum (ETH) blockchain was designed to run the programming code of any decentralized application. Instead of mining for bitcoin, Ethereum (ETH) miners earn Ether, a crypto-token used to access the open source network. Amid positive trends in the cryptocurrency market, Ethereum has gained 3.7% in the last 24 hours, indicating to investors that now may be the right time to buy ethereum (ETH).

Ethereum is on fire in the crypto market, and the heat will potentially rise faster than Usain Bolt versus a local 5th-grade track team. Investors in the crypto space are witnessing a coin that has the potential to triple in value this years according to Ethereum co-creator Steven Nerayoff. Businesses across a myriad of sectors are recognizing the value ethereum’s (ETH) platform offers. Nerayoff attributes the success of his coin to its programmed ability to process transactions at a faster rate than bitcoin (BTC).

“What you’re seeing with ethereum (ETH) is a exponential increase in the number of project — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably tripling in price by the end of the year.”
-Steven Nerayoff, Co-Creator, Ethereum

Ethereum is currently trading at $216.30 per coin after a miraculous upswing from the dip below $200 in mid-October. The coin’s resistance-breaking performance last Sunday indicates the crypto market is once again highly volatile and ready for a close-up, Mr. DeMille. Investors interested in buying ethereum (ETH) may rest easier knowing that the coin has remained clear above the $200 resistance level since Sunday.

Based on market cap, ethereum is ranked second among cryptocurrencies which means that investors looking for profitable opportunities are analyzing cryptocurrency price predictions to determine if they should buy ethereum. Ethereum’s (ETH) “smart contracts” function of their platform has enticed corporations to invest in the platform, thus increasing the price of the coin itself. Given the coin’s practical applications for businesses and its underlying usage, crypto analysts believe ethereum may rise above other coins.

“People are actually using it for currency, as well. Lower transactional costs are increasing the usage of the entire network, and that’s increasing the network effects of it. There are more suers, more projects being built on there and more programmers.”
-Steven Nerayoff, Co-Creator, Ethereum

Investors looking to get involved in buying ethereum, or cryptocurrencies in general, need to consider several factors. First of all, you need to consider the coin’s usability as well as its application. This base-level understanding is crucial to determining and predicting the appreciation value of coins in the crypto market. In the case of those looking to buy ethereum, investors should know that the coin largely differs from other currencies in the space because of its potential use-cases.

Ethereum’s (ETH) ability to separate itself from the pack, in terms of usability, enables the coin to offer conceivable gains in the near future.

Continue Reading
Click to comment

Featured

Stock Price Must Read Articles To Kick Start Monday, March 25, 2019

Joe Samuel

Published

on

stock price newsletter

Tech Delivering The Future

In this day and age, people are busier than they’ve ever been before, whether that be the effects of one’s inability to regulate a work-life balance, or because they truly enjoy living without free time, it doesn’t matter, people still need certain products and goods to survive. Click To See Which Company Is Leading The Charge On This Emerging Industry

The Weekly Recap 3/24/19

 The only chance we have at controlling the future is by taking in the past and using it to guide us in the present. With that being said, let’s venture down the road of yet another weekly recap. Click Here.

Virtual Care Will Improve Patient Access

What’s astounding about virtual health tech is that it allows providers to broadly expand their ability to treat more patients, allowing for a more connected, coordinated care framework. See For Yourself, Click Here.

Click here for full disclaimer.

Continue Reading

Featured

Trump 2020 Reelection Odds

Daniel Chase

Published

on

stock_price_trump

We like to think that we have all the answers, but, in actuality, nothing is certain except for death, taxes, and having some foul-smelling flatulence after consuming dairy. The notion of predicting the outcome of an event is as likely as someone traveling to Las Vegas and cleaning out every casino for all they’ve got; it’s simply improbable. Be that as it may, when it comes to conjecturing the outcome of presidential elections, this is something that we enjoy getting involved in. 

For any person, place, or thing that proudly identifies as an affiliate of the Democratic Party, the 2020 presidential election brings up the potential fear that President Donald Trump will be reelected, securing another four years of executive orders, harsh immigration reform, and too many tweets for any one man to handle. In 2008, when America endured the worst economic downturn since the Great Depression, everyone looked for someone to blame and, for better or for worse, people chose President Barack Obama. Historically speaking, voters hold the president accountable for the state of our union and, based on the performance of the country around election season, an incumbent may secure their spot for reelection. 

First of all, to predict that any candidate, Democrat or Republican, will win the election is like trying to call the winner of a marathon before the race has even begun. I’m well aware that excitement is brewing in advance of the Iowa Caucus, but we are at least one year away, maybe more from any major presidential event. Everyone needs to take a huge breath, perhaps a chill pill, and calm down. 

Now that we’ve all collected ourselves, let’s continue. Over the course of Trump’s first two years in office, his approval ratings have been abysmally low. At his very best, per Vox’s statistics, Trump was seven points more unpopular than popular. 

“Trump’s poll numbers are probably 20 points below where a president would typically be with consumer sentiment as high as it is now. So here, then, is what we can say: Judged on the economy, which is the traditional driver of presidential approval, Donald Trump’s poll numbers should be much, much higher than they are now. Far from finding a winning strategy, he seems to have found a losing one despite holding a winning hand…”

Ezra Klein, Vox 

To summarize Mr. Klein’s beautifully written words, if we solely based his chances for reelection based on the current state of the U.S. economy, then Clotho, Lachesis, and Atropos might tell us that we’d have four more years of Trump. With that said, President Trump has done a solid job of  making sure that few people like him. Once glance at both his personal/presidential twitter accounts will show you that President Trump isn’t afraid of speaking his mind, even it his words insult millions of people; immigrants are his favorite group to target. 

President Donald Trump’s reelection is uncertain, this much is true. Considering that Americans will know, relatively soon, whether the Trump Administration colluded with Russia to help then-candidate Donald Trump secure the election. I’m not a betting man, but if Special Counsel Robert Mueller proves, in his report, that Donald Trump did something wrong, it’s unlikely that he’ll win reelection.

When he ran in 2016, Trump had never held a position of political power. He was an entrepreneur, if you feel comfortable using that title, and had his own reality television program. No one could’ve guessed, back then, that he would announce plans to run for president, let alone beat out highly-qualified candidates in the end. It is for this reason, among many, that I will not rule out the chances of Trump’s reelection in 2020, purely because this man has defied logic before and could possibly do it again. 

Continue Reading

Featured

Tech Delivering The Future

Daniel Chase

Published

on

stock_price_food

Somewhere along the line of human existence, a person decided that we deserved to have everything we wanted, at any time, from anywhere, and all we needed was technology to allow for this to take place. Suffice to say that engineers and brilliant minds took this concept and ran with it because, amid the ever-growing tech industry, we have an entirely new category of innovation which supports our on-demand economy; delivery apps. In this day and age, people are busier than they’ve ever been before, whether that be the effects of one’s inability to regulate a work-life balance, or because they truly enjoy living without free time, it doesn’t matter, people still need certain products and goods to survive. 

Special Delivery! On-Demand Tech Companies Hit Billion-Dollar Valuations; Here’s How Investors Can Capitalize In The Market

Enter the era of the delivery app, a newfound system in which consumers can  shop for groceries, clothing, cannabis, and more all from the comfort of their smartphone or internet-enabled device. People no longer need to spend precious time traveling to the store, trying to find what they’re looking for, waiting in line to pay, and leaving with a feeling of frustration at the time that was wasted. Delivery tech companies were created for the sole purpose of making life easier for consumers, but in pursuit of these goals, the delivery tech industry completed altered how people live their lives. According to recent reports, by 2023, the global food delivery mobile app market will reach a value of $16.61 billion. 

ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF) is one of few delivery app companies that has managed to figure out the secret sauce for improving the quality of life for consumers through sound logistics and ease of access. The Company created an on-demand platform where consumers can purchase nearly any product they can imagine, pay for their order, and, within the hour, a ParcelPal courier will deliver their order. The Company has made a name for itself in the delivery app market because of their platform’s ease of use and the alleviation of stress for consumers who simply don’t have the time to travel to the store, wait in line, and head home.

Earlier this week, ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF) made headlines when they announced that their platform has crossed a major milestone of completing over two million deliveries. Not only does this update show that the Company is clearly doing several things right, but more so, it’s an indication that ParcelPal is well on their way to becoming a top on-demand delivery company in Canada and soon the United States. 

ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF) shared earlier this month that they are in the final stages launching their medicinal and recreational cannabis delivery initiative in partnership with Choom and Kiaro. This delivery initiative is expected to commence in April 2019 and anticipated to open new markets and drive additional users to the platform.

“We are extremely excited to have achieved this major milestone. Our growth in 2018 was tremendous and our team has grown significantly. We are looking forward to a successful rollout in the cannabis industry amongst other verticals in the coming months across Canada with existing and future partnerships.”

Kelly Abbott, Chief Executive Officer, ParcelPal 

Midam Ventures has been compensated $75,000 per month by a ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG) to publicly disseminate information about (PTNYF/PKG).  Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to April 1, 2019. We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares. Please click here for full disclaimer.

Continue Reading

Join Our Newsletter

Get stock alerts, news & trending stock alerts straight to your inbox!


We keep all user information pricate & promise to never spam.*

Privacy Policy

Search Stock Price (StockPrice.com)




Trending

Subscribe Now & Begin Receiving Free Stocks News, Articles, Trade Alerts & MORE, all 100% FREE!

We are your #1 source for all things Stock Market & Finance, Subscribe Below!

Privacy Policy: We will NEVER share, sell, barter, etc. any of our subscribers information for any reason ever! By subscribing you agree we can send you via email our free e-newsletter on stock market & finance related, articles, news and trade alerts. Further questions please contact privacy@stockprice.com