SALT (SALT) November 2018 Price Predictions, Exchanges and Announcements

What is SALT (SALT)?

Salt is a membership-based lending and borrowing network which facilitates you to use your blockchain assets to acquire fiat currency cash loans. This enables you to leverage the value of your digital currency, offset tax events, avoid exchange fees and controls your cryptocurrency holdings. If you own some Bitcoin and you need some cash for the down payment for a house or to start a business. Salt allows you to put up your as collateral in order to secure a loan which you can use as you please. Salt is available to both individuals and corporate customers.

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SALT (SALT): History

Salt was founded in Denver USA in 2016 and has a successful ICO in August 2017, where the company gained over US$55 million dollars. It was one of the most successful ICOs of all time, based on the amount raised at ICO. The salt coin is made off the Ethereum network and the loans themselves will be an Ecr20 smart contract. Development is run by SALT Lending Holdings, inc. It began with 5 original members and now it has grown to 25. Salt has a strong team and the team is led by CEO Shawn Owen, a self-proclaimed serial entrepreneur, and early Bitcoin advocate.

How Does SALT (SALT) Work?

Salt financing offers non-purpose cryptocurrency collateral-based loans. This means that the borrower would only need to put up their own cryptocurrencies as a collateral and fully removing the need for a credit check. The borrower will be able to see the profits on any gains in the collateral itself. To get the loan through salt, a borrower must first send their chosen collateral to salt’s secure multi-signature wallet. Salt will require a collateralized ratio of 125%, meaning that in order to get a $1,000 loan, $1,250 worth of collateral would need to be provided. After that, the borrower will receive $1,000 of fiat currency sent to their account, at which time the borrower would also be required to begin making monthly payments plus interest. The monthly payment will be according to the length of the loan.

How to Buy SALT (SALT)?

Salt is available on a few popular exchanges such as Bittrex and Binance It can be purchased with either Ethereum or Bitcoin. Salt doesn’t have its own wallet and it is yet to release. But there are a number of multi-token wallets which can support Salt named Jaxx, Exodus or MyEtherWallet. You can save your coins on MyEtherwallet as it supports every cryptocurrency.

SALT (SALT) Price Prediction 2018

SALT can be a profitable investment option. SALT price equal to 8.096 USD at 2018-01-22. If you buy SALT for 100 dollars today, you will get a total of 12.351 SALT. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-17 is 297.362 US Dollars. With a 5-year investment, the revenue is expected to be around +3572.73%. Your current $100 investment may be up to $3672.73 in 2022SALT (SALT) price today is $8.12 and have the current supply of 71,105,820 SALT (SALT). The market cap value is $577,296,777 and the volume is marked as $11,925,100.

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Steem (STEEM) November 2018 Price Predictions, Exchanges and Announcements

What is Steem (STEEM)?

Steem (STEEM) is a cryptocurrency used to power the platform Steemit – an incentivized blockchain social media platform. It is the token currency of the social network Steemit which is built over the blockchain mechanism and where people earn money (STEEM tokens) for posting, sharing, curating and commenting contents.

Steem (STEEM): History

Steemit is a blogging and social networking website on top of the Steem blockchain database.  The Steem blockchain produces Steem and Steem Dollars which are tradeable tokens users obtain for posting, discovering, and commenting on compelling content. On July, 4th, 2016, Steemit, Inc officially launched Steemit, a social media with virtual currency rewards that run over the Steem blockchain. Steemit, Inc is a privately held company based in New York City and headquartered in Virginia. The company was founded by Ned Scott and Dan Larimer, creator of BitShares, and EOS. Steem is based on the Smart Media Tokens (SMT) protocol, developed by Steemit. As of December 2017, CoinMarketCap.com listed Steem with a $475 million market capitalization and ranked Steem tokens 32nd of 1,358 cryptocurrencies. Steem began with a highly inflationary supply model, doubling roughly every year.

How does Steem (STEEM) work? 

Steem has two different tokens, both of which are measured against STEEM, the base token for the network.STEEM Power is the STEEM which has been put into Smart Contract mode, and it helps users to gain more influence on the network.Steem Dollars are STEEM tokens which are more like an actual cryptocurrency and can be converted to Fiat currencies or used for payments and transactions.
Exactly 50% of whatever the user earns is given to them as STEEM and the remaining 50% as Steem Dollars.
The network also has an internal conversion exchange where STEEM can be used to purchase Steem Dollars and vice versa. The process takes 3.5 days, approximately.
Steem offers 75% of the reward to the authors and 25% of the reward to the curators.
Steem also offers a wallet where the users can store their Steem Dollars or use for transactional purposes.

How to buy Steem (STEEM)?

There are two ways to get STEEM is to earn or to buy it. There are several popular exchanges to buy STEEM like Binance, Bittrex etc… Earning STEEM is done by engaging with the Steemit community, posting content, commenting, sharing and networking. The more valuable contributions you make, the more STEEM you should earn. First of all, you have to get a wallet to make your coin safe.

Steem (STEEM) Price Prediction 2018

Steemit has been growing exponentially since its inception. STEEM can be a profitable investment option. Steem price equal to 3.986 USD at 2018-01-17. If you buy Steem for 100 dollars today, you will get a total of 25.089 STEEM. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-13 is 13.469 US Dollars. With a 5-year investment, the revenue is expected to be around +237.93%. Your current $100 investment may be up to $337.93 in 2022. The price today is $3.95 and  market cap value of $976,176,861. The current supply is 246,929,587 STEEM and the volume is $31,542,000. Steem (STEEM) price today, Steem (STEEM) price chart, where to buy Steem (STEEM), how to buy Steem (STEEM), Steem (STEEM) mining, Steem (STEEM) exchanges, Steem (STEEM) wallets, Steem (STEEM) history.

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Litecoin Price High: Leaps to 30%

Litecoin price has leapt high up to 30% which is the largest cryptocurrency to a new all-time high. It was on monday that the Litecoin price leapt by nearly a third.

What is Litecoin?

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, the global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

Litecoin Price Touches $185

For most of the December, the litecoin price was not raised which was traded between $90 and $100. On Monday suddenly it jumped to $130 and it continued to rise heading into the weekend. For the first time, the litecoin price was leapt to $160 on Saturday. But on Sunday there came a slight variation in the rise and the litecoin price downed to below $125.

However, as it pillowed by the optimistic sentiments among the futures traders made the cryptocurrency markets to post a comprehensive advance on Monday. Thus the litecoin has been the day’s top performers among them. For the first time, the litecoin price touched $185 on Bitfinex, represented a single-day rally of more than 30%.

 

More than one-third of litecoin’s trading volume is concentrated in USD and USDT trading pairs. At the same time, LTC/KRW accounts for another 12%.

Factors Behind the leap

The Litecoin price has leapt breaking all the previous records. There are some factors that contributed to its leap. The most important thing was that the litecoin has benefited disproportionately from Coinbase’s rapidly- selling user base. Bitcoin and Ethereum are the other two cryptocurrencies that Coinbase currently supports. Unlike them, litecoin has more publicity outside of the industry. As the litecoin is cheaper than bitcoin and Ethereum, it is available on the brokerage platform. So, many new Coinbase users are purchasing a small amount of litecoin.

Another factor is that Charlie Lee, the creator of the Litecoin is invited on several prominent programmes to discuss the bitcoin futures and other developments within the cryptocurrency industry. And he used these opportunities to raise litecoin as a solution for everyday payments that complements bitcoin’s utility as a store value.

Recently two announcements were made a great change and confirmation about the thesis of Lee. One announcement was made by gaming giant Steam, stated that it will not accept bitcoins as payments. He cited that the transaction fees rising that currently, the bitcoin is impractical to use for small purchases. Opposite to this Bitrefill which is a top-up service for prepaid mobile phones announced that they will accept the litecoin. Now the LTC advocates believe that many other companies also will follow it in the near future.

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