Home / Crypto News / Forecast by EOS Founder: Bitcoin Price will exceed $ 8 trillion in gold capitalization plus Ripple XRP Update, Ethereum, Litecoin and Cardano News

Forecast by EOS Founder: Bitcoin Price will exceed $ 8 trillion in gold capitalization plus Ripple XRP Update, Ethereum, Litecoin and Cardano News

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Brendan Blumer is co-founder of cryptocurrency EOS and CEO of Block.one. At this year's DC Blockchain Summit, Blumer also commented on Bitcoin (BTC) in an interview.

bitcoin price and capitalization vs. Gold

Blumer said Bitcoin was revolutionary but slow and expensive as well. In addition, it has “huge scaling limits.” So he said:

“Take a look at the first blockchain. Let's say that's Bitcoin. It means a fundamental change in how we will do things in the future. In truth, one transfer takes an hour. He is expensive. If you look at the dilution we're paying each year with new inflation, we're talking about $ 50 to $ 100 per transaction. To do this, [the Bitcoin Blockchain] can only do about three transactions per second per person on the network. “

On Twitter, Blumer had already been asked if he did not distribute FUD on Bitcoin. Blumer responded that he still believed that Bitcoin would be the world's largest value store. That even applies if no technological improvements were introduced.

Further, he recalled the estimated total market capitalization of gold. This amounts to about 8 trillion USD. If Bitcoin reaches the same height one day, every bitcoin would be worth $ 380,000, it said. He tweeted:

“Over the next two decades, Bitcoin Gold will replace gold as a leader in value storage.”

CEO of https://t.co/oxZfkUbjGr @BrendanBlumer spreading ridiculous mixaracterizations about Bitcoin at a @DigitalChamber event. pic.twitter.com/h5bB8ybC6X

– vake (@vakeraj) April 6, 2019

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Ripple Labs and Ripple XRP

Fintech start-up MoneyMatch is a partner of Ripple. Now, MoneyMatch has been granted permission to execute digital money order services in Malaysia. This approval applies to business and private services, Reuters reported.

MoneyMatch said they wanted to use the ripple solution xVia to make the payments. MoneyMatch did not comment on Ripples xRapid.

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Litecoin News

Litecoin founder Charlie Lee and Anthony Pompliano held a panel discussion at CIS in Los Angeles. It was about the future of cryptocurrencies and the legality of Initial Coin Offerings (ICOs).


Joseph Lubin is the founder of the Ethereum development studio ConsenSys. In a presentation, Lubin said he believes that Ethereum will become the leading settlement level in a decentralized global economy. So he explained:

“Ethereum is in many ways the largest blockchain environment. To keep it growing and to become a fundamental plane for the settlement of the planet, we are working on some things. These include easier user onboarding, the user interface, the user experience, privacy, confidentiality and scalability. We are making great progress in each of these areas. “


Tron has released his latest weekly report. These include the listing of the BitTorrent Token (BTT), Tron's acquisition of CoinPlay and other topics.


IOHK's CEO and co-founder, Charles Hoskinson, is featured in the latest issue of the podcast, Analysis in Chains.

Hoskinson talks about Cardano's core methodology and the goals of the platform. He also explains how to further develop privacy protection, corporate contracts and the native cryptocurrency ADA.

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Source: Pixabay

Author: Peter Joost – Source Post: https://www.kryptovergleich.org/prognose-von-eos-gruender-bitcoin-kurs-wird-goldkapitalisierung-von-8-billionen-usd-uebertreffen-plus-ripple-xrp- update-ethereum-Litecoin and-cardano-news /

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