What is cryptocurrency?

Cryptocurrency or cryptocurrency (Saxon cryptocurrency) is a virtual currency that serves the exchange of goods and services through an electronic transaction system without any intermediaries. The first cryptocurrency to start trading was Bitcoin in 2009, and since then many others with other features have emerged, such as Litecoin, Ripple, Dogecoin, and more.

What is the advantage?

The difference when comparing a cryptocurrency with the money on the ticket is:

Removed from the center: not controlled by the bank, government or any financial institution

You are anonymous: your privacy is protected during transactions

They are international: everyone has an opera

Secure: your money is yours and no one else’s, only your personal wallet with non-transferable codes you know

There is no mediator: operations are carried out from person to person

Fast transactions: receive interest for sending money to another country and approval takes days; just a few minutes with cryptocurrencies.

Irreversible transactions.

Bitcoins and any other virtual currency can be exchanged for any world currency

It is impossible to fake, because they are encrypted with an advanced cryptographic system

Unlike currencies, the value of e-currencies is governed by the most ancient rules of the market: supply and demand. “Currently, it’s worth more than $ 1,000, and like stocks, that value can go up or down for students and supply.

What is the origin of Bitcoin?

Bitcoin is the first cryptocurrency created by Satoshi Nakamoto in 2009. Decided to release a new currency

The feature is that you can only perform operations within a network of networks.

Bitcoin refers to both the currency and the protocol, as well as the red P2P it trusts.

What is Bitcoin?

Bitcoin is a virtual and intangible currency. That is, you cannot touch any form like coins or banknotes, but you can use them as a means of payment in the same way.

In some countries, you can earn money with an electronic debit card page that exchanges money with cryptocurrencies such as XAPO. For example, we have more than 200 bitcoin terminals in Argentina.

Undoubtedly, it is decentralization that distinguishes Bitcoin from traditional currencies and other virtual payment instruments such as Amazon Coins and Action Coins. Bitcoin is not governed by a public or private government, organization, or financial institution, such as the US Federal Reserve or the dollar-controlled euro.

In Bitcoin, indirectly for transactions, users manage reality through a P2 P (Point to Point or Point to Point) exchange. This lack of structure and control makes it impossible for any body to manipulate value or cause inflation by producing more. Production and value are based on the law of supply and demand. Another interesting detail in Bitcoin is the limit of 21 million coins, which will reach 2030.

How much is a Bitcoin?

As we have pointed out, the value of Bitcoin is based on supply and demand and is calculated using an algorithm that measures the volume of transactions and transactions with Bitcoin in real time. Currently, the price of Bitcoin is 9300 USD (as of March 11, 2018), although this value is no less stable and Bitcoin is classified as the most volatile currency in the foreign exchange market.

Which cryptocurrencies are best to invest in?

This year, the value of Bitcoin has risen even if it exceeds an ounce of gold. There are even more surprising new cryptocurrencies on the market, bringing the value of cryptocurrencies to more than a hundred billion. On the other hand, the longer-term cryptocurrency outlook is a bit vague. Among its key developers, there is a lack of progress that makes it less attractive as a long-term investment and payment system.

Bitcoin

Bitcoin, which is still the most popular, is the cryptocurrency that started it all. It currently has the largest market value of $ 41 billion and is available in the last 8 years. Bitcoin is widespread around the world, and it is not easy to exploit the vulnerability in the method that has worked so far. Bitcoin, both as a payment system and as a stored value, allows users to easily receive and send bitcoin. The blockchain concept is based on Bitcoin. To understand what cryptocurrencies are related to, you need to understand the concept of blockchain.

Simply put, a blockchain is a database distribution that stores each network operation as a collection of data called a “block.” Each user has blockchain copies, so everyone on the network knows when you send 1 bitcoin to Alice Mark.

Litecoin

Litecoin, an alternative to Bitcoin, seeks to address many of the issues that have deterred Bitcoin. It is not as robust as Ethereum, with the value it derives from the acquisition of mostly solid users. It should be noted that Litecoin is headed by Charlie Lee, a former Google. It also applies transparency to what it does with Litecoin and is quite active on Twitter.

Litecoin has been Bitcoin’s second instrument for some time, but things have started to change since early 2017. Initially, it was adopted by Coinbase along with Litecoin, Ethereum and Bitcoin. Litecoin then fixed the Bitcoin problem by using Separate Witness technology. This allowed us to reduce operating costs and do more. However, the decisive factor was Charlie Lee’s decision to focus solely on Litecoin and even leave Coinbase, where he was the engineering director for Litecoin alone. Therefore, the price of Litecoin has risen in the last two months, the strongest factor being that it could be a real alternative to Bitcoin.

Ethereum

Vitalik Buterin, a superstar programmer, thought of Ethereum, which can do everything Bitcoin can. However, the goal is primarily to be a platform for creating decentralized applications. Blockchains are where the differences between the two are. Basically, the Bitcoin blockchain refers to a type of contract that indicates whether funds are transferred from one digital address to another. However, there is a significant expansion with Ethereum because it has a wider language script and a more complex, wider field of application.

Projects began to sprout on Ethereum as developers began to see its better qualities. Some have made millions of dollars with engagement crowd sales, and this is a trend that continues to this day. Making amazing things on the Ethereum platform makes it almost like the internet itself. This has pushed up the price, so if you bought Ethereum for a hundred dollars earlier this year, it wouldn’t be worth almost $ 3,000.

Monero

Monero aims to address the issue of anonymous transactions. While this currency is perceived as a method of money laundering, Monero aims to change it. Basically, the difference between Monero and Bitcoin is that Bitcoin has a transparent blockchain that is recorded and recorded in each transaction. With Bitcoin, anyone can see where and how money is transferred. However, Bitcoin has a somewhat imperfect anonymity. In contrast, Monero is more opaque than a transparent operating method. No one is sold enough with this method, but Monero is willing to stay here because some people love privacy for any purpose.

Zcash

Unlike Monero, Zcash also aims to solve Bitcoin’s problems. The difference is that Monero is only partially transparent in blockchain style, rather than completely transparent. Zcash also aims to solve the problem of anonymous transactions. After all, no one likes to show how much money Star Wars actually spend on souvenirs. So the bottom line is that this type of cryptocurrency really has an audience and demand, although it’s hard to say which cryptocurrency will pay the most for privacy.

Bancor

Also known as a “smart token”, Bancor is a new generation cryptocurrency standard that can store more than one token in reserve. Basically, Bancor seeks to make it easier to trade, manage, and generate tokens by increasing liquidity levels and gaining an automated market value. At the moment, there is a product on the front of the Bancor that involves creating a wallet and a smart token. There are also features in the community such as statistics, profiles and discussions. In short, Bancor’s protocol allows it to find a liquidity mechanism for smart contract signs through a price and an innovative reserve mechanism. With a smart contract, you can immediately cancel or remove any mirror in the Bancor reserve. You can easily create new cryptocurrencies with Bancor. Who doesn’t want that now?

EOS

EOS, another competitor to Ethereum, promises to address Ethereum’s scale by offering a range of more powerful tools for creating and creating applications on the platform.

Thesis

Tezos, an alternative to Ethereum, can be upgraded without much effort. This new blockchain has been decentralized in the sense of self-government through the establishment of a true digital unity. Formal verification simplifies the so-called mathematical technique and has the features that increase the security of the most financially heavy, sensitive intelligent contract. Definitely a big investment in the coming months.

Judgment

It is very difficult to predict which Bitcoin will be the next superstar on the list. However, when it comes to cryptocurrencies, user adoption has always been one of the key success factors. Both Ethereum and Bitcoin have it, and while there is more support than any early cryptocurrency implementer on the list, some have yet to prove their mettle. However, these are the ones to invest in and look to in the coming months.

How do cryptocurrencies complicate the divorce process?

If you have not invested in cryptocurrency personally, you probably have friends, family or colleagues at the moment. Cryptocurrencies have risen from a highly niche market almost entirely to the mainstream, and they did so in a very short time. Now that they are everywhere, there is a new question to be debated, and how to manage cryptocurrencies in the divorce process.

Determining and distributing financial debts, as well as determining alimony payments, are key issues that need to be addressed in most divorce proceedings. There are many tools at the disposal of a lawyer to disclose financial assets, but when you combine a divorce with Bitcoin, something completely new remains.

Working with Bitcoin and divorce is different from other financial assets for many big reasons. One is the very variability of their value. Bitcoin and other cryptocurrencies are known to undergo completely upward and downward fluctuations in value. Therefore, the value must either continue to be tracked and updated immediately, or it must be determined at a time when it may be worth something different. In either case, it is less than ideal for assigning and distributing assets or assigning alimony.

Another key understanding between cryptocurrency and divorce is that these markets and transactions are designed to be both anonymous and secure. Looking at an individual’s owners, accounts, or transactions is not the same as looking at a bank account, pension account, or fund portfolio. It will be difficult at best to track a person’s crypto accounts, and it will not be difficult to see if the courts have the power of any summons to date.

Obviously, this is just the beginning of the Bitcoin and divorce issues, as all cryptocurrencies are still rising. As more people begin to use or continue to use them, and as they become more widespread and accepted, they will continue to be the focus of attention as they act as financial assets during the divorce process. To begin with, their rapid rise has made many people today wonder how they would be treated in such matters. Remember that Bitcoin started less than a decade ago.

As always, be sure to consult an experienced professional in your area. While there is still a lot of uncertainty about how Bitcoin and divorce will be handled and what kind of decisions we can expect in the future, an experienced divorce lawyer can guide you through this process and make financial discoveries and so on. all aspects of the case under consideration.

Crypto Currencies Variability, A Profitable Rollercoaster

This year, we can see that cryptocurrencies tend to move up and down, even with 15% of the daily value. Such a change in price is known as volatility. What if … this is completely normal and sudden changes are a feature of cryptocurrencies that allow you to make a good profit?

First of all, cryptocurrencies have recently become the mainstream, so all the news and rumors about them are “hot”. We are witnessing huge price movements after every statement by government officials about regulating or banning the cryptocurrency market.

Second, the nature of cryptocurrencies is more like a “storehouse of value” (as in the gold past) – many investors see it as a backup investment option in stocks, physical assets such as gold and physical currencies. The transfer rate also affects the volatility of the cryptocurrency. With the fastest ones, the transfer only takes a few seconds (up to a minute), which makes it an excellent asset for short-term trading, if there is currently no good trend in other assets.

What everyone should consider – this speed is also good for life trends in cryptocurrencies. Trends in regular markets can last for months or even years – even here for days or hours.

This takes us to the next point – even if we are talking about a market worth hundreds of billions of dollars, the daily trading volume is very small compared to the traditional currency market or stocks. Therefore, a single investor trading 100 million shares on the stock exchange will not cause a big price change, but it is an important and noticeable transaction on the scale of the cryptocurrency market.

Because cryptocurrencies are digital assets, they are subject to technical and software updates of cryptocurrency features or expand blockchain partnerships that make them more attractive to potential investors (activation of SegWit basically doubles Bitcoin).

Combining these elements, these are the reasons why we observe so many price changes in the price of cryptocurrencies in a matter of hours, days, weeks and hours.

But answering the question in the first paragraph – one of the classic trading rules is to buy cheap, sell a lot – so having short but strong trends every day (instead of weak ones lasting weeks or months like stocks) gives a lot more chances if used properly to make a profit.

Things that look positive for cryptocurrencies

Although the cryptocurrency market will be adjusted in 2018, everyone agrees that the best still needs to come. There have been many activities in the market that have changed the wave for the better. With the right analysis and the right dose of optimism, anyone investing in the crypto market can make millions from it. The cryptocurrency market is here to stay for a long time. In this article, we present you five positive factors that can further develop innovation and market value in cryptocurrencies.

1. Innovation in measurement

Bitcoin is the first cryptocurrency on the market. It has the maximum number of users and the highest value. The crypto-currency system dominates the entire value chain. However, it is not without problems. The main drawback is being able to handle only six to seven operations per second. In comparison, credit card transactions amount to several thousand per second. As can be seen, there is ample scope for development on a scale of operations. With the help of peer-to-peer operating networks on top of blockchain technology, it is possible to increase the volume of transactions per second.

2. Legal ICOs

Although there are cryptocurrencies on the market with a fixed value, newer coins are being created to serve a specific purpose. Coins like IOTA are intended to help exchange power currencies in the Internet of Things market. Some coins solve the problem of cyber security by providing encrypted digital safes to store money.

New ICOs offer innovative solutions that disrupt existing markets and add new value to transactions. They also gain authority in the market with easy-to-use exchanges and reliable back-end operations. They innovate both in terms of technology and the use of specialized equipment for the mining and financial markets, giving investors more freedom and choice.

3. Clarity on regulation

In the current scenario, most governments are studying the impact of cryptocurrencies on society and how their benefits can be shared with society as a whole. We can expect reasonable results as a result of research.

Few governments are taking the path of legalizing and regulating crypto markets, like other markets. This will prevent ignorant retail investors from losing money and protect them from losses. The rules that increase the growth of cryptocurrency are expected to emerge in 2018. This will lead to widespread adoption in the future

4. Growth in application

There is great enthusiasm for the application of blockchain technology in virtually every industry. Some startups offer digital wallets, debit cards for cryptocurrencies, and more. As they offer innovative solutions. This will increase the number of traders willing to trade in cryptocurrency, which will increase the number of users.

The reputation of crypto assets as a transactional tool will be strengthened by more people trusting this system. While some startups may not survive, they will make a positive contribution to the overall health of a competitive and innovative market.

5. Investment from financial institutions

Many international banks are watching the cryptocurrency scene. This could lead institutional investors to enter the market. The inflow of significant institutional investment will accelerate the next phase of cryptocurrency growth. It has captured the imagination of many banks and financial institutions.

As the surprises and bottlenecks in cryptocurrencies decrease, there will be more profit by traditional investors. This will lead to much-needed dynamism and liquidity for emerging financial markets. Cryptocurrency will be the defacto currency for transactions around the world.

Staying out of FOMO – How to choose a winning ICO project for long-term value

In a world ruled by rumors and FOMO [Fear Of Missing Out]It is becoming increasingly clear that a hard-working cryptocurrency must pass a litmus test to choose a sign to support in a world where real life projects are hard to find and long-term good projects are harder to separate from making money. ‘shitcoins’.

With recent developments where most new cryptocurrencies have reached record levels and not justified the noise of new ICO Projects after Crowdsale, we have avoided blaming ICO promoters on Social Media rather than blaming disappointed “investors”. Because they did not make the necessary effort to select the most likely after-sales winner before receiving a token during the ICO.

From my extensive observations, it became clear that most crypto buyers received money during the ICO on the basis of FOMO (Fear of Missing) created by the whimsical masters behind these coins. Many bought the coin without understanding its post-ICO purpose or what the token would do after Crowdsale. If nothing happens after the ICO, as in many ICOs now, they will jump on social media to shout bloody murders.

I and my team recently completed a tour of some parts of Africa and the United States to promote the Nollycoin ICO. We organized and sponsored different conferences, held live AMA (Ask Me Something) press conferences, and had very one-on-one meetings with crypto whales, small investors, and crypto millionaire wannabes of all colors.

Because of all of this, what amazes me most of all is that there is NO IDEA about the business or project behind the brand sales that MOST brand owners are involved in.

Even the strangest person I observed was the fact that many could not tell you the project’s value proposition, goals, or plan to disrupt the company’s market and gain a foothold in the industry. They just bought the ICO because a few telegrams or Facebook pages they visited called them ‘Buy’. Buy Hodl and more. ‘ Most acted with herd instinct rather than objective discussion.

If most of the people I met now were just teenagers or uneducated people, I wouldn’t be so surprised at the level of ignorance of so many crypto ‘investors’. On the contrary, most of the people I met were college graduates and people with some opportunities. Still, less than 10% of them were able to easily explain why they bought a coin, expecting it to increase in value over time. Everywhere I went, very few in the crowd could tell me the names, experience, and abilities of the corporate managers of the company that sold the coins.

The only thing most could point out was that the money was recommended by ‘respectable’ influencers; the facts proved that most of them gave money to create FOMO and to respect other useless shitkoins.

Apart from the so-called fake influencers, many crypto buyers knew that the names of the team leaders were Russian, Chinese or Korean, but they knew nothing about them. To have a successful ICO was to list the names of people from Korea, China or Russia that no one could verify with a simple Google search.

While I certainly agree that there are many things to decide whether a project’s tokens will increase in value over time, I think the acid test and the most immediate evaluation criteria should be the benefits of the coin itself beyond what will happen. in crypto exchanges.

While most cryptocurrency owners I’ve met don’t know this, the reality is that if you buy a token from most ICOs, you don’t really ‘invest’ in that company. You will not buy shares in the company and you will not receive any security from the company.

And at best, what you do when you buy a token at most ICOs is to ‘donate’ to a project in exchange for giving an auxiliary token or coin that has no real value outside of the business ecosystem controlled by the project company.

So, there is not much you can do with a miracle other than using the utility that was added to it by the ICO, except if you hope the price of the miracles will be ‘a month’ or rise to make you a millionaire.

Because no one can really predict exactly how a crypto will perform in a crypto exchange when it finally gets there, and recent experience shows that the prices of many tokens would most likely sink into the nose in the first few weeks of a stock exchange hit (big by speculators). due to sales discounts) it would make sense to look at what other value or benefits you can get from your schedule outside of the ‘mooning’ expected on the stock exchange.

As the crypto revolution continues to adapt, change, and adapt to different developments in the market, the only way to ensure that your money is not thrown into the pit is to make sure you can use these verses to gain great value and benefits. even if you can sell it immediately to make a profit on the stock exchange.

When making this decision, you should ask yourself this key question: What is the value, product, or service of the company that sells the tokens that will give me enough value to make this purchase on time?

In the world of falling prices for tokens on different exchanges, the more opportunities you have to take advantage of real life with a miracle outside the expected list on the crypto exchange, the better your chances of not getting upset or staying closed. verses that are useless to you.

So you have to ask again and again: if IF had never traded this coin on the stock exchange, would I still be happy to support the vision? If this miracle has lost 70% of its value on the stock exchange, can I still use it and get value for my money elsewhere?

If you haven’t been able to answer these questions positively after looking at WHITEPAPER and investing in the company’s claims, you should think twice before buying that coin.

A Recent Research

Take an existing ICO like Nollycoin, which is a sign that blockchain is strengthening the effective film distribution ecosystem. Coin promoters have created different benefit scenarios for coin buyers to ensure that their supporters and token owners continue to smile, no matter what happens with Nollycoin in the crypto exchange.

There are some great benefits added to the Nollycoin token in the Nolly Entertainment ecosystem

• Ability to use Nollycoin tokens to watch exclusive movies in cinemas and movie theaters

• Netflix-on-steroid blockchain Ability to use Nollycoin tokens to access 1000 movies in movie streaming.

• Ability to use Nollycoin tokens to buy products and services at NollyMall, which is similar to the Amazon platform for entertainment-based products.

• Ability to use Nollycoin tokens to pay school fees on the NOLLY Academy platform and partner companies

As you can see, beyond the normal expectations that miracles can be displayed on a crypto exchange platform, beyond the intercession of an ico, you need to explore the immediate and promising benefits of the miracle and the vitality of the underlying project behind it.

5 Benefits of Cryptocurrency Trading

When it comes to trading cryptocurrencies, you need to anticipate whether the value of the market you choose will increase or decrease. And the interesting thing is that you never have a digital presence. In fact, trading is done with derivative products such as CFDs. Let’s look at the advantages of cryptocurrency trading. Read on for more information.

Variability

Although cryptocurrency is a new market, it is highly volatile due to short-term speculative interest. The price of Bitcoin fell from $ 19,378 in 2018 to $ 5,851 in just one year. However, the value of other digital currencies is very stable, which is good news.

What excites the world so much is the volatility of the value of cryptocurrency. Price movements offer many opportunities for traders. However, this also comes with many risks. Therefore, if you decide to research the market, make sure you do research and develop a risk management strategy.

Working hours

Typically, the market is open for trading 7/24 because it is not regulated by any government. In addition, transactions are carried out between buyers and sellers around the world. There may be short breaks when infrastructure upgrades occur.

Improved liquidity

Liquidity refers to how quickly digital currency can be sold for cash. This feature is important because it allows for faster operating times, better accuracy, and better pricing. In general, the market is a kind of liquidity because financial transactions take place on different exchanges. Therefore, small trades can bring about big changes in prices.

Leverage exposure

Since CFD trading is considered a leverage, you can open a position called “margin”. In this case, the value of the deposit is part of the trading value. So you can make a good impact on the market without spending a lot of money.

Losses or gains will reflect the value of the position at the time of closing. Therefore, if you trade with a margin, you can make a big profit by investing a small amount of money. At the same time, it also increases the losses that can exceed your deposit in trading. Therefore, before investing in CFDs, make sure you consider the total cost of the position.

It is also important that you follow a strong risk management strategy that includes appropriate restrictions and stops.

Quick Account Opening

If you want to buy cryptocurrencies, make sure you do so through an exchange. All you have to do is sign up for an exchange account and keep the currency in your wallet. Keep in mind that this process can be restrictive and takes a lot of time and effort. However, once the account is created, the rest of the process will be fairly smooth and uncomplicated.

In short, these are one of the most notable benefits of cryptocurrency trading here and now. I hope you will find this article very useful.

How does cryptocurrency gain value?

Cryptocurrencies are the latest ‘big thing’ in the digital world and are now recognized as part of the monetary system. In fact, enthusiasts labeled it a ‘money revolution’.

Cryptocurrencies are, in a clear sense, centralized digital assets that can be exchanged between users without the need for a centralized authority; most of them are created by special calculation methods called ‘mining’.

The adoption of currencies such as the US dollar, the British lira and the euro as legal debt, because they are issued by the central bank; digital currencies, such as cryptocurrencies, do not trust the public’s trust and confidence in the issuer. Thus, its value is determined by several factors.

Factors determining the value of cryptocurrencies

Fundamentals of Free Market Economy (Mainly Demand and Demand)

Supply and demand are key factors in determining the value of any value, including cryptocurrencies. Because if more people want to buy cryptocurrency and others want to sell it, the price of that cryptocurrency will increase, and vice versa.

Mass adoption

The mass adoption of any cryptocurrency can lower its price for months. This is due to the fact that the supply of many cryptocurrencies is limited, and according to economic principles, an increase in demand without a corresponding increase in supply will lead to an increase in the price of that commodity.

Many cryptocurrencies have invested in more resources to ensure mass adoption; some have focused on the application of cryptocurrencies to current personal problems and important issues in everyday life in order to bring them to the forefront in everyday life.

Fiat Inflation

If a Fiat currency such as the USD or GBP is inflated, the price rises and purchasing power decreases. This will lead to an increase in cryptocurrencies (let’s use Bitcoin as an example) associated with this fiat. The result is that you can get more fiat with each bitcoin. In fact, this situation has been one of the main reasons for the rise in the price of Bitcoin.

History of Scammers and Cyber ​​Attacks

Fraudsters and hackers are the main factors influencing the value of cryptocurrencies, as they are known to cause wild changes in valuations. In some cases, the team that supports cryptocurrency can be scammers; they will undoubtedly hit the price of cryptocurrency to attract people, and when the hard-earned money is invested, the price is reduced by fraudsters and then disappears without a trace.

That’s why it’s important to be wary of cryptocurrency scammers before investing your money.

Some other factors that will affect the value of cryptocurrencies include:

  • Rules of conduct in which cryptocurrency is maintained, as well as its benefits, security, ease of access and cross-border acceptance

  • The strength of a cryptocurrency-supported society (including funding, innovation, and member loyalty)

  • Low-related risks of cryptocurrency accepted by investors and users

  • News

  • Market liquidity and volatility of cryptocurrency

  • Country regulations (including the banning of cryptocurrencies and ICOs in China and their adoption as legal tender in Japan)