CKB Prediction 2022 by Ryan Matta

What problems does Nervos CKB tend to solve and how is its popularity?

How many times will the price of CKB go up in 5 years?

How much CKB do you need to become a millionaire?

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In a Youtube video entitled CKB PRICE PREDICTIONS 2022,  Ryan Matta gave us his answers. 

Ryan Matta is a cryptocurrency enthusiast and long time investor, with over 8 years of experience of mining, trading, and investing in cryptocurrency. He first started mining Ethereum at the price of $2.34, and less than 6 years later Ethereum broke record highs of 4,500 dollars.

Ryan published this video on Aug 28, 2021, and by now, it has attracted 25,890 views with more than 780 thumb ups and 114 comments.

In this video, Ryan begins with a Messari Screener Fund Analysis, showing that Nervos CKB ranks the third on the most commonly held liquid assets across crypto venture and hedge fund portfolios. As these crypto ventures and hedge funds have specialized teams to do their research and find out what cryptos are most likely to be the best investment in a long term, Nervos CKB is going to be one of those long-term players.

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The Nervos Network is an open-source public blockchain ecosystem and collection of protocols creating the foundation for a universal internet-like publick network. Early internet applications lived on segregated networks needing different ways to access and interact. Now, in today's decentralized world Nervos again sees this segregation into different ecosystems with poor interoperability.

The Nervos Network solves this problem by offering a suite of integrated solutions that allow the developer to build Universal Apps. For example, Nervos has built cross-chain bridges to Ethereum and BSC (Binance Smart Chain), and the bridge to connect Cardano is on the horizon.

In the roadmap, Nervos has accomplished many important milestones in 2018, 2019, 2020 and 2021, with more exciting things to come.

How much CKB do you need to become a millionaire?

The price of Nervos CKB got up to $0.043 in this bull run and then it went down to a penny and a half now (at the time of Ryan making the video). If it does kind of follow that same pattern or things really pick up, the price of Nervos CKB will rise to five pennies next year (2022) and then to 10 cents (2023), 20 cents (2024), 50 cents (2025) and a dollar (2026). 

The market cap, which is calculated by supply in circulation times price, of Nervos CKB is 400 million dollars (at the time of Ryan making the video, the newest data is $330 million as the crypto enters a bear market). Ryan says in the video that if we compare the market cap of Nervos CKB to that of Bitcoin, Ethereum, Binance, Cardano, Dogecoin and Ripple, the price of CKB can easily be 2x, 5x, 10x, even 100x.

So, to become a millionaire, you need to accumulate: 

• 67 million CKB if the price remains at $0.015. 
• 33 million CKB if the price goes up to $0.03.
• 10 million CKB if the price goes up to $0.1.
• 4 million CKB if the price goes up to $0.25.
• 1 million CKB if the price goes up to $1. 

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Lunar Crush tracks cryptocurrencies based on popularity. Nervos CKB ranked No. 1 the other day and now it is 278 out of 2866. The barrier is around 300. If Nervos CKB can get above 300 or 350 consistently, it will hugly expand its popularity during the next bull run. Another tool CoinMarketCal tracks the events of cryptocurrencies and Nervos has accomplished many things.

One more impressive thing is that “CKB price prediction” breaks out on Google trends.

CKB is now accessible on nearly 50 exchanges and it’s not listed on Coinbase US or Coinbase Global. Once listed, it is accessible to more people and the price will surge.

In the end, Ryan also goes deep dive into the market structure and technical analysis. He concludes that CKB has the huge potential to go up. 

In this video, Ryan has made a small mistake on the inflation rate of Nervos CKB, which can be found on CKB explorer. The actual nominal inflation rate of CKB is 16.5% at launch and it drops every year, not 27.58% shown in the video. 

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If we compare the inflation rates of Bitcoin, Ethereum and Nervos CKB, we will find that in the early years, the inflation rates of Bitcoin and Ethereum were much higher than CKB.

“It took 4 years for Bitcoin to lower the inflation rate to below 20% (click to see Bitcoin inflation rate) and it took about 3 years for Ethereum to lower the inflation rate to below 10% (click to see Ethereum inflation rate). The nominal inflation rate of CKB is below 20% (16.5%) at launch, and if you stake your CKB into the Nervos DAO, the real inflation rate for you drops to below 10%.”

Despite the small error Ryan made, his video is very worthy to watch at https://www.youtube.com/watch?v=X_KJGwb81-o.

Earn hundreds a month playing a game that's really fun

You may have heard of play to earn games where you make money while playing a game. Sounds great right?

Well I've tried several and most of them are not fun. And people play games for fun first.

But there is one p2e game that I've tried that I really like that I'd even play if I didn't earn money from it. I play it every day and I look forward to it.

It is Coinhuntworld which is a Pokemon-Go-like geolocation game where you collect keys, open vaults, answer trivia, earn bitcoin and ethereum, and build your own vaults and structures. You can do this as you go about your day.

I like CHW because you earn BTC and ETH rather than some random token and I like collaborating with people in my area to build up our neighborhood.

You earn $0.10 of BTC or ETH per blue vault, $1 of BTC or ETH per green vault, $10 of BTC or ETH per yellow vault, $100 of BTC or ETH per red vault and $1k of BTC or ETH per purple vault. (Red and purple vaults are only during certain events). You have to answer a trivia question correctly to get the crypto. The trivia isn't super hard.

Depending on your area, it's not hard to collect $100+ of crypto a month playing casually. If you go a little harder, you can earn hundreds a month. People who have been playing awhile have benefitted from crypto appreciation, too, although you can also cash out to USD if you want to.

If you wanna try coinhuntworld, download it here to get extra rewards💰 ... That's my Coinhuntworld referral link. You can also reach out to me with any questions!

Australia’s Largest Bank Looking to Offer Additional Crypto Services

Sophie Gilder – Head of Blockchain and Digital Assets at Commonwealth Bank of Australia (CBA) – revealed that the financial institution could start offering more cryptocurrency services to clients. She further disclosed that the organization seeks to double the size of its blockchain team in the months to come.

‘Crypto is Here to Stay’

Australia has been gradually expanding its presence in the cryptocurrency universe in recent months. At the end of 2021, the nation’s biggest financial institution – Commonwealth Bank of Australia (CBA) – announced it will enable its customers to buy, sell, and hold digital assets, including bitcoin and ether. Thus, it became the first Aussie organization to provide such opportunities.

Speaking at Australia’s Blockchain Week conference, Sophie Gilder – a top executive at the CBA – said users have displayed huge enthusiasm towards the initiative:

“We launched CommBank crypto in December, and so far, the response has been extremely positive. The biggest complaint we’ve had is customers who haven’t been let into the pilot yet.”

Moreover, Gilder outlined that the bank intends to provide additional cryptocurrency services to reach the ”full spectrum of consumer needs.” She also added that CBA plans to double the size of its blockchain division throughout 2022, predicting that the asset class will further evolve in the future.

Anthony Jones – Head of Innovation and Fintech at Visa Australia – opined similarly to Gilder. In his view, the cryptocurrency industry has gone “truly mainstream:”

“This widespread mainstream adoption is very much here, and we believe it’s here to stay.”

Subsequently, Jones claimed that digital assets have a role as a “hedge instrument or a store of value that’s uncorrelated and diversified.” That thesis has been supported by numerous prominent individuals for a while now. Such names include the likes of Barry Sternlicht, Dr. Saifedean Ammous, and Jordan Peterson.

Who Else Thinks ‘Crypto is Here to Stay’

Among the people who believe cryptocurrencies are not a temporary craze that will disappear in the following years is BlackRock’s CIO – Rick Rieder. In 2020, he claimed that bitcoin plays an essential role in digitizing the world, predicting it “is here to stay:”

“I think that digital currencies, and their receptivity, particularly millennials’ receptivity of technology and cryptocurrencies, is real. Digital payment systems are real.”

Bitcoin bull Meltem Demirors described the market crash in the summer of 2021 (when bitcoin dipped to $30,000) as a beneficial event for the digital asset sector. Specifically, she said such dumps could wipe out people with “paper hands,” and the space would clean itself from insecure investors. In her view, price corrections are something normal, concluding that “bitcoin is here to stay” and “is not going anywhere.”

Earlier this year, Umar Farooq – CEO of JPMorgan’s digital asset unit Onyx – said BTC has been in a cognitive mode during its first 13 years of existence. He forecasted that now more people realize its merits and it will develop more rapidly in the years to follow.

The post Australia’s Largest Bank Looking to Offer Additional Crypto Services appeared first on CZcalls Crypto Marketing..

https://www.czcalls.com/crypto-news/australias-largest-bank-looking-to-offer-additional-crypto-services/

Mar 14 - Mar 21 Good Crypto Weekly Market Summary

Quick weekly news:

• Spotify, the latest tech giant to support NFTs?: Read more here.
• Bored Ape Yacht Club Ethereum NFT Sales Surge as ApeCoin Price Pops, Then Drops: Read more here.
• US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid: Read more here.

Other notable events include:

• Binance is officially operating in Dubai
• Cryptocurrency assets are legalized in Ukraine

Binance is officially operating in Dubai

Binance, a cryptocurrency exchange, received a licence to operate in Dubai, United Arab Emirates. The company's position in the Middle East has been growing recently, with the addition of a crypto service provider licence in Bahrain earlier this week.

Binance will be able to open an office in Dubai and provide digital asset exchange services to pre-qualified investors and companies under the recently accepted regulatory standards under the Dubai virtual asset provider (VASP) licence.

On March 15, the cryptocurrency exchange said that it has been granted a licence to operate in Bahrain, another Gulf country. It will allow Bahraini clients to trade, custody, and manage their portfolios on the world's largest exchange by volume.

Both Bahrain and the UAE (and, in particular, Dubai) promote an innovation-friendly attitude and fight for the title of most crypto-friendly state in the region. The Central Bank of Bahrain (CBB) successfully tested JP Morgan's crypto payment system in January 2022.

Cryptocurrency assets are legalized in Ukraine

Despite the continuing conflict with Russia, Volodymyr Zelensky, the President of Ukraine, has signed a law "On Virtual Assets" that legalizes bitcoin assets in the nation.

The approved law establishes who can provide cryptocurrencies and how they must be registered in Ukraine, as well as naming the National Bank of Ukraine and its National Commission on Securities and Stock Market as crypto regulators.

Ukraine's National Commission on Securities and Stock Market will work to develop a national cryptocurrency policy and grant licences to authorized cryptocurrency distributors.

Also, make sure to check out top altcoin gainers and losers of the week 📍

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A History of Money, Cryptocurrency, and Blockchain

The concept behind establishing a permanent, decentralized ledger, like blockchain, was first discussed in 1991. However, the
first actual blockchain implementation was designed in 2008, by Satoshi Nakamoto. It was his initial design that was used as the
underpinning technology that runs the digital currency known as bitcoin.
The blockchain that was engineered by Mr. Satoshi serves as the public ledger for all bitcoin transactions. Bitcoin, if you don’t
already know, is a Cryptocurrency, that is now worth roughly $38,000, that runs on blockchain technology. The most wellknown blockchain on the market today is that for Bitcoin, with the Ethereum blockchain coming in a close second.

The technology that allows bitcoin to serve as a digital currency, as a store of value, and as a medium of exchange is blockchain
because bitcoin transactions are recorded in a blockchain ledge.
This means blockchains are not limited to running bitcoin; rather blockchain application can span the entire gamut of trade,
finance, healthcare, legal operations, records management, gaming, online exchanges, probability, and more.
Before you can get started understanding blockchain technology, you have to know how it fits in with our current currency and
digital currency.

Money

Money is nearly as old as humanity. Many books have been written on the subject. One that is worth checking out if you are
interested in the matter is The Ascent of Money: A Financial History of the World by Niall Ferguson. Money, to work, has to be
both a store of value as well as a means of exchange. In the past, we’ve used many different items for money, including gold, silver,
cattle, beads, and salt. No matter the form it takes, money has to execute these two essential functions. Also, there has to be trust
that these roles can be fulfilled by the money.

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Cryptocurrency

A cryptocurrency is a form of currency that has become popular over the last several years. Cryptocurrency is created by using
the encryption techniques of computing and mathematics. These techniques allow us to transfer funds and verify that the transfer
did, in fact, occur. Another essential aspect of cryptocurrency is that it is independent of governments and central banks, making
them decentralized.

These days, many important banks are becoming increasingly involved with the same kind of technology that underlies
cryptocurrency. However, it is essential to understand that any currency that arises from their endeavors won’t be true
cryptocurrency because it will be controlled by the banks. The most reliable and most dedicated advocates of cryptocurrency are
determined that it will not be centralized.

How Did Cryptocurrencies Develop?

Bitcoin is the most well-known cryptocurrency on the market. It has been the recipient of hype, fame, and publicity. The general
public has been fascinated by its extraordinary increase in value over the last several years. They have been awe-struck by the
tales of significant wealth that has been generated with bitcoin, for those who acquired it in its infancy, when it was cheap.
Despite its novelty, people quickly realize that bitcoin is genuine money. In addition to bitcoin, there are many other
cryptocurrencies, who like bitcoin, have had massive increases in their dollar value. Legitimate government and businesses are
pursuing an increasing involvement in cryptocurrency. Despite critics, the market for these currencies is thriving.

Cryptocurrencies, Fiat Currencies, and Stocks

Fiat currencies are the currencies we use daily, like the dollar, yen, euro, and renminbi. Despite having the word currency in the
word cryptocurrency, they are more similar to stocks and shares of the stock market than between fiat currencies and
cryptocurrency. When you purchase cryptocurrency, you get some of the coins for that cryptocurrency, which acts like a
technology stock and a digital entry into a ledger, known as a blockchain.

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Blockchains

Blockchains are digital ledgers and can be formally defined as a continuously-growing list of records that are linked tougher and
secured using advanced cryptography. In more simple terms, a blockchain is literally a chain of blocks. Each record in the list of a
blockchain’s chain is called a block that contains specific types and pieces of information. Each block will usually include some
sort of pointer as a link to the previous bock, transaction data, and a timestamp, which can take a variety of forms.
Another way to look at is that a blockchain is much like a database where each entry is linked to the previous and next
entry. This means that the information contained within the blockchain can’t be changed, once a block with specific data is
added to the chain. Depending on the chain that you are looking at, there are often useful tools for exploring that will allow you to
scan the transaction data.

Blockchains are resistant to being modified because of their inherent design. This allows blockchains to record transactions
between different parties efficiently. These transactions are not only verifiable but permanent as well. Once information is
recorded in a blockchain, the data cannot be altered after-the-fact without altering the subsequent blocks by having the majority of
nodes on the network agreeing to the change.
This inability to change the data within a blockchain make illegal or unfair actions almost impossible to carry out. If a hacker wished
to alter information within a blockchain, they would have to gain control of every node. This security is one of the most useful
characteristics of the blockchain.

Since blockchains are designed to be verifiable and permanent, they are especially suitable for recording events, maintaining
medical records, drawing up agreements, fundraising, and keeping track of other documents.

My original article

#cryptocurrency #cryptonews #cryptowallet #cryptomining

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Has nano ever experienced a downtime event?

I know the semi-recent spam event created a bottleneck in the network, but the nano network wasn't down per se during that time. The reason I'm interested to know is because Bitcoin's security is often touted due to the network never having been down, but that is untrue as it had suffered downtime and exploits early on.