Bitcoin To Surpass Visa, Mastercard and PayPal, Ripple News, EU Launches INATBA, BTC Price

hey everybody it is Maddie here with alt Point buzz hope you're doing well on this Friday and that you're all set for your weekend which is just about here so here's the snapshot of the market today things are more or less flat down ever so slightly versus yesterday but we're still sitting at about a hundred and seventy-five billion dollars so in my opinion you know we haven't seen this trace meant that I was at least expecting personally so like I said things are kind of flat with the exception of ripple that is up 6.5% on the day that seems to be bucking the trend here now today everybody is the day that we're announcing the winners of the dohaeris sir ether night shard giveaway I record my videos pretty early though in the morning so at the time of this recording we don't have the list expect to see them in an article that we publish later in the day we're talking today about news out of the EU and a new International Association that is being launched we are talking about ripple and how their CTO is distancing themselves from XRP specifically talking about how they don't control it ripples surge of 12% at the time of this articles publication is going to be discussed we'll also take a look at the fact that there's stability which is relatively true for a crypto is quite attractive for certain governments and financial institutions we'll have a quick look at Bitcoin versus a light coin and how Bitcoin and went out of his opinion could surpass Visa MasterCard PayPal in 10 years but let's begin here on all coin buys a dot IO with this article by Robert Bitcoin at one point over the last 24 hours lost about 10% so should you worry bitcoin is having some bearish momentum after surging roughly thirty percent in one week is this something we should worry about we've seen bullish and bearish news in the past hours predictions such as $50,000 which talked about yesterday in the long term and much more but where is Bitcoin going after this 10% drop should we worry well we should remember that we have support at $4,600 and then below that at 4,000 185 let's call it 4200 resistance right now on the way up is going to really present itself at 6660 current price at the moment of writing the article on coin gecko is 4840 dollars monthly and weekly RSI indicate that we are on the rise which means Bitcoin wants to go to the overbought area but for now it failed to test the weak resistance of 5600 by getting rejected on the 9 monthly EMA on the weekly chart we can see the TV count is on the ninth candle which indicates a correction may take place soon this is a strong indicator and the correction should be pretty big none of this is financial advice guys as you know that's always our caveat that we issue but I am somewhat you know even from a non taa perspective here I'm somewhat in agreement with Robert because you know what goes up must come down ultimately and over the long term I think things are gonna go up really substantially but we've had this very sudden very abrupt shift upswing really in price and I wouldn't be surprised if at one point maybe it's this week maybe it's next week we correct in one form or another if you're interested in learning more about Roberts take on the markets and the analysis of the charts take a look at the article in full and see what he thinks is gonna happen leave your perspective and your opinions in the comments below and now in this article from today by den on altcoin budget by OE you Commission launches the International Association of trusted blockchain applications the INAT BA on the 3rd of April the EU made history by pledging to support the adoption of blockchain and a distributed ledger through the creation of the INAT ba so INAT ba brought together 105 organizations who all want to promote the regulatory and business reforms needed to trigger widespread adoption of blockchain they aim to provide support for distributed ledger technology and enable it to be mainstreamed and scaled up across multiple sectors politicians corporations and a wide range of blockchain startups all signed the Charter that was then officially hashed on to the iota blockchain crypto currencies were well represented amongst the founding members with Julie Mao pay from Yoda taking a place on the board other currencies present as founding members also included ripple Cardno uni bright clot network and Madonna there were also several big names from the world of banking Barclays BBV has well-known names such as IBM sa P and telefónica a full list of the founding members can be linked to through the EU website so as dan writes this is a big step for blockchain it seems like the regulator's are fine starting to make progress with these still relatively new technologies of cryptocurrency and blockchain in general considering this news from the EU as well as the recent news from the SEC and China regarding regulations in those regions yeah it looks like 2019 may be the year that blockchain starts to make it to the mainstream let us know what you think about this development in the comments below in a rapid XRP and ripple news now we're on coin speaker comm Ripple CTO insists the company does not control X RP is XRP controlled by ripple and is it decentralized after all while FinTech expert and crypto enthusiast constantine rabbin shed some light on the ongoing controversy around the world's third-largest cryptocurrency here's his stance in a nutshell quote absolutely not the XRP ledger is open source technology with a robust community of developers so if Racal were to vanish XR p and the XR p ledger will remain I guess that's technically true but I think it would certainly take a hit if you want to take a look at his opinions and what he elaborated on including this take about Ripple addressing worries about people's concerns with decentralization and you can also get ripples CTOs david Schwartz's take on why he isn't convinced by IBM partnering with stellar and other ripple news were on a theory on world news calm here Ripple late to the party with 12% pop the second two largest crypto assets a theorem and XRP did not get such a boost and started to fall back quickly that is until about an hour or so ago at the time of this press release when XRP finally woke up and started to surge during today's Asian trading session the ripple tokens surged from about 33 cents to just over thirty three point seven cents its highest for three months the move has lifted XRP higher than Tuesday's rally which saw huge gains for Bitcoin cash and light Quan talked about that yesterday daily volume is picking up again and is just over two billion dollars going back to the article that we not the articles about coin Kiko comm rather that's a little bit out of date now ripple sitting at 36 and a half cents nearly so pretty good news for XRP now on top of the momentum that XR P is writing here's a possible explanation as to why we're seeing this positive price action the momentum may have driven by yesterday's announcement that uk-based rational FX a money transfer company with over 180,000 registered clients has partnered with ripple for international payments and here is a tweet from at rational FX we've partnered with hashtag ripple to make your money transfers faster easier and more secure during the thousands of clients currently using a rational FX to manage their international money transfers that from the 4th of April 2019 and that's a pretty convenient segue into this piece on crypto ripple XRP price prediction ripples X bar P stability is getting attractive for governments and financial institutions in a nutshell here the technology and the project really provides a smooth cheaper faster and reliable cross-border payment option we have a couple of price predictions here which as always ought to be taken with a grain of salt but considering the above facts which we kind of glossed over here but we've covered them more or less investing Haven believes that XR P can be as high as 20 dollars by 2019 SN as it has many potentials compared to any other relevant Kryptos that's a ridiculous prediction I don't even want to bother dad just to find that with the rest of this article that it is not only a ridiculous prediction but this site continues to have some of the most poorly written pieces I am seeing on the internet so conclusion ripples a great cryptocurrency with much potentials ok let's just skip this one shall we another piece on aetherium world news by Bitcoin itself litecoin abra CEO begs to differ of course we talked about this surge that came yesterday with Bitcoin cash and a light coin but talking about a Bitcoin now and specifically bill Barnett the CEO of abre he recently came to light coins rescue in a segment with cheddar a media start-up the American entrepreneur formerly of NASA I didn't know that the CIA and Goldman Sachs explains that whether it be aetherium XRP or otherwise many other chains are solving problems in their own right with quote light coin is the perfect case point Barnett explains that like coins move to integrate nimble Wimble a privacy solution and the chains classification as the quote perfect bitcoin testbed cements its value in the ever-changing ecosystem we talked yesterday about how light coins it's really the 31st of December January 1st that kind of time frame is up about 200 percent so you're doing very well if you invested in litecoin it's tripled its value and Charlie Lee thinks that says some good things are on the horizon as well in a recent tweet the litecoin creator fought back against LTC pears Lee a former coinbase employee explains that light coin has a value especially when Bitcoin has high transaction fees in fact with a platform called bolts a cross chain a submarine swap can allow users to send light coin to fill up their BTC wallet this being a use case for the former in and of itself so Charlie Lee here taking on the haters light quite a glorified test net Bitcoin lightning network makes LTC useless can't be more wrong hi Bitcoin fees with both stock exchange just do a cross chain a submarine swap from LTC on chain to Bitcoin send LTC to fill up your BTC wallet fast about 2.5 minutes and cheap it's cost pennies in terms of fees I continue to be a big fan of light coin I like seeing Charlie Lee come to the defense of the project obviously it's his baby so why wouldn't he but they've got some pretty good things going for them and I continue to be a bag holder full disclosure but you know what I keep picking up light coin on the cheap anyway as the prices go down I'm happy if the price soars I'm happy if the price decreases because I'm only buying more so let us know whether or not you agree with that in what you think in the comments below and finally also on a theory world Bitcoin could surpass Visa MasterCard and PayPal in 10 years according to research a recently published study by data light concluded that during the bearish streak of 2018 where several crypto currencies lost more than 90% of their capitalisation the number of transactions increased considerably revealing that there is not necessarily a correlation between the price of Bitcoin and its acceptance or popularity among traders and users the study indicates that Bitcoin surpassed a visa in the average amount of transactions however data light decided to compare the results with other payment service providers such as MasterCard and PayPal the results were described as quote surprising and show a rather optimistic outlook for the future here's a quote in 2018 an average Bitcoin transaction volume was 450 times higher than average while the total of three point four trillion dollars transferred with Bitcoin in 2018 is five point eight times higher than that of PayPal data light experts investigated Bitcoin as a payment system and compared it with the economic indicators of Visa MasterCard and PayPal provided in their 2018 annual reports the results are very surprising and in a nutshell it shows that these are the metrics they showed that Bitcoin does win in some areas against the visa as the master cards and the PayPal's of the world and the potential is therefore much more Bitcoin is many thousands of times ahead of the competition in certain aspects it's a $40,000 is 450 times larger than visas this tells us that bitcoins network is more suitable for larger probably international payments Bitcoin was the first cryptocurrency ever and it's code is so imperfect however with all of its imperfections it is still many hundreds of times faster than the existing wire transfers bitcoins fees are so small that you can transfer millions of dollars for a dozen cents this is the reason many financial organizations find it so attractive for more information here you can see the graphic that's available total number of transactions per year you have Bitcoin vs. Visa MasterCard and PayPal and you will change in the number of transactions transactions over capitalization as of the end of 2017 and your final stat transactions over capitalizations as of the end of 2018 promising times lie ahead I am the eternal optimist that I know many of you out there in the altcoin buzz army will agree with me I think this is a good way to close it out with this quote in 10 years just ten years Bitcoin has managed to compete with the leaders of the payment system industry bitcoins development is occurring exponentially if it maintains this pace in another ten years it will surpass all competition check out this page for more information I know we kind of glossed over it here and I would recommend exploring the report in full it's very encouraging and again it speaks to you know not the state of where we are today there is some discussion of that but really what's more important is where are we going to be ten years from now given that so many smart minds are lending themselves to the improvement of this system and this infrastructure I think a decade from now things are gonna be very interesting and much more bigger and expansive than they are today so with that everybody do be sure you're following us on all the regular social media channels check in to our website as always altcoin buzz at dot IO stay tuned today we're gonna announce the winners of the dohaeris or ether night giveaway check back to our website for an article that'll showcase who those are if you enjoyed this video guys go ahead and like subscribe share and hit the bell to receive notifications I wish you only the very best of luck if you choose to invest but enjoy your Friday everybody have a great start to your weekend and we do hope to see you again soon in our next video take care

22 thoughts on “Bitcoin To Surpass Visa, Mastercard and PayPal, Ripple News, EU Launches INATBA, BTC Price”

  1. XRP is centralized because there are very few mining master nodes. Who fo you image runs those servers. They get the TPS by having very few servers. BEING OPEN SOURCE HAS NOTHING TO DO WITH DETERMINING IF A COIN/PROJECT IS DECENTRALIZED. Swartz is tied to the oligarchs that run media and banks – their agenda is to transition world economy to a coin that they control. Nepotism at its worst.

  2. I have been a fan of this site for over a year and a half. You guys do such a great job can we really appreciate you and hopefully we can all be in a good situation in the next 5–7 years

  3. Many people expected we would bottom out at the end of December 2018 based on the cycle which many thought will repeat itself. Same thing was expected in January with same shocker result. A lot of people also are waiting for btc to drop below the $3000 mark which I so don’t see happening. Now, its March and the chances are, we may see a reversal and start bulling or we may experience a further decline or experience a stagnation for a while. There is actually more to forecasting price action by reading the news. This is because the relationship between them is not one on one. Bearish news doesn’t always result to decline in price while bullish news doesn’t always lead to increase. What to do is study historical patterns, news and scenarios. Upon understanding these well enough, you may be able to predict a reoccurrence of the circle if it ever shows up again. In addition to this, it’s extremely paramount you understand technical analysis which will form the basis of whatever decision you make in your trades. One step to making great profit would be to take your time and learn the ropes of trading which may take your time and perhaps still lose. Another would be to use the system of a very successful trader and copy signals/strategies. This option actually has made me a lot of money since I started trading with the guidance of Ronald Abassid. We started off by him giving me very sound advice on how best to invest my time and money in cryptocurrencies. I then started trading demo using his signals and when I was comfortable enough, I went live and the result has been amazing. The greatest thing about him is his willingness to help and solve problems of others. His contact Mail: ([email protected]) if you need his assistance or guidance with any aspect of trading and earning consistently in cryptos.

  4. Majority of BTC transactions are NOT for merchandising, which Visa and Mastercard and Paypal are mostly used for. Let's stay level headed and push for real adoption instead.

  5. Ripple is a Bankers coin, they will promise something that you want to hear then change the rules when it is convenient & most profitable for them. Don’t say I didn’t warn you. EOS is another weird coin that is structured in way that it is controlled by a few groups.

  6. I have Bitcoin showing 5,020.00 on Coinbase Friday the 5th at 3:00pm CST where’s the 4840 price you’re quoting

  7. Bitcoin Rhodium is a new crypto commodity, rare, limited and resistant cryptocurrency to store value for the future. It aims to provide not just a payment method, but a real, valuable commodity

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