Ian King Explains the Immense Value of Upcoming Crypto Assets

Over the past few years, Bitcoin has gone from being an obscure project tailored towards libertarians to a household name and major investment platform. However, the technology behind Bitcoin may already be considered outdated in comparison to many more recent crypto assets. Ian King explains how upcoming crypto assets are quickly breaching $1 billion valuations and threatening Bitcoin’s throne.

Bitcoin is Taking it Slow, and Other Crypto Assets are Catching Up Quickly

To the average investor, gains of almost 1,500 percent over the past year would never be considered “taking it slow.” However, in the crypto world, a number of assets are rocketing up at supersonic speeds, with assets such as Ethereum making gains of nearly 13,000 percent, exceeding the speed of Bitcoin’s gains by a factor of roughly eight-and-a-half. Moreso, Ethereum has caused, either directly, via its own systems, or indirectly, by inspiring aspiring blockchain developers, the creation of more than 1,000 blockchain-based projects since its inception in 2013.

As aspiring blockchain programmers and entrepreneurs find new and exciting ways to utilize the blockchain for real-world applications, new capital continues to flood into the crypto market from upcoming investors and perhaps Wall Street as well, which, in a strange turn of events, has arrived late to the crypto party. Currently, there are more than 40 crypto-based projects which are valued in excess of $1 billion. But perhaps more surprising, Bitcoin has lost its throne to Ethereum, with its market share dropping from 100 percent at its inception, to roughly 30 percent today. With coins like Ethereum, Litecoin, Ripple, and, of course, Bitcoin Cash rivaling Bitcoin itself, the lucrative crypto market may threaten its status as the crypto giant. Read this article at ZeroHedge about Ian King

Is Crypto the Future, or Just Another Bubble?

Many think that it’s both. During the dot-com bubble of the early 2000s and late 90s, there may have been a vast multitude of flops and failures, but there were also websites like Amazon and Google, which came out of the crash to eventually become some of the largest companies in the world. In much the same way, crypto assets are likely in a bubble, but that bubble still has a long way to go before it pops, and there will still be a number of crypto assets that survive, and go on to become giants larger than one could possibly imagine.

While Jesus Coin and Dentacoin may not go on to dominate the world economy, there’s certainly a massive amount of value in the crypto asset market, even after the current investment mania ends. Read:https://www.investopedia.com/contributors/82716/

 

Financial Journalist Jeff Yastine

Jeff is a financial journalist with a deep knowledge and experience in the field of financial markets. His ability to analyze markets is amazing seeing that it is almost impossible for him to make a wrong prediction. Jeff has received praise whenever his prediction favors the parties involved as well as high criticism when it doesn’t favor them.

After analyzing the Whole Food integration with Amazon, Jeff predicted a poor outcome for the two. He was highly criticized and seen as a pessimist with personal concerns about the alliance. Gradually, the effect of the agreement between the two started being felt when customers started complaining of poor quality products and customer service from Whole Food.

The leadership of Whole Food started expressing dissatisfaction indirectly. From his point of view, Jeff had argued that the food industry is based on both customer and employee satisfaction which are contrary to Amazon which focuses on sales volume and lowered prices. The outstanding quality and creativity of Whole Food has been compromised and customers tend to move away from the company for better options. Learn more at Seeking Alpha about Jess Yastine

For the Amazon stock exchange, it has done poorly as compared to its competitors who ventured in other fields. In other words, Jeff sees the agreement between the internet company and the fresh food company as just mediocre and none of the parties involved is experiencing a solid benefit.

In his advice, the internet company could have integrated with another industry that does not deal with perishable goods rather than the Whole Food. On the other hand, Whole Food should focus on interacting more with its customers physically to be able to listen to their demands and in return be able to deliver products in good shape. Read more about Jeff Yastine at investmentu.com to know more.

As a financial journalist, Jeff is in a position to give wise advice to the investors on which markets to invest in. He does this through his analytical skills and his perfect understanding of the market. His wide understanding of the market has seen him nominated for the Emmy Award of financial journalism.

Jeff  Yastine currently serves at the Banyan Publishing Hill as the editorial director. He joined Banyan in 2015 with 20 years of experience in financial journalism and stock market analysis. As an editor, Jeff edits and contributes to different journals, helping the investors to understand the business realm. He has also learnt a lot about the financial markets from interviews he had made to some of the most prosperous investors.

For more information, CLICK:https://plus.google.com/+JeffYastine