3 strong foundations for the world of digital currency – cryptocurrency

Welcome to the “crypto” world!

– A domain of blockchain technology

– Cryptocurrency market

– A closet in the Bitcoin payment system.

So, here’s the trend or what you might call a “digital currency world” with a great move to get into the game.

If you avoid Bitcoin and Cryptocurrency today, you will fall into a bad pit tomorrow. It doesn’t really know how to stop the current and future of the currency. From its inception to the present day, it has been growing and helping many people around the world.

Erc20 token wallet for defining rules and policies for bitcoin systems or Ethereum tokens to manage transactions, whether blockchain to record transactions or complete payment structures – everything is going hand-in-hand and moving to the new currency of the world.

Sounds great, doesn’t it?

Moreover, with the advent of such successful currency mode, many companies prefer to be a part of this game. In fact, it helps a business or organization to get blockchain technology or cryptocurrency without any hassle through a reliable blockchain development company. With a lot of knowledge and potential, these companies develop these currencies and play an important role in the digital economy.

Just for a nano-second, what if we assumed that cryptocurrency would no longer exist?

Maybe, time will counter-attack your thoughts!

Introduced very early by Satoshi Nakamoto, Bitcoin was colonial and from that beginning, an innovative digital currency was developed with a spectrum of good things.

So, the question arises – will cryptocurrency development or its promoter cryptocurrency development company be dissolved or will it end?

Of course, the future is not predictable, but we can say that cryptocurrency or Erc20 or blockchain or bitcoin wallet development companies will have the same enthusiasm and passion to reach out to business verticals and companies.

“Digital currency is going to be a very powerful thing,” said John Donaho, former eBay CEO.

And, over time, that is likely to change.

Indeed, there are some valid reasons behind the success of this concept.

Fraud-proof:

Blockchain associated with cryptocurrency. Thus, every transaction is recorded on this public ledger, avoiding any fraud. And, all identities have been encrypted to prevent identity theft.

Erc20 takes care of all rules and protocols, so does not violate rules and commands. If you are, be sure to contact the Erc20 development company and be sure to make it within the rules.

You are the sole owner:

There is no third party or other assistant or electronic system to evaluate what you are doing. Only you and your client will maintain the end-to-end experience. Isn’t that a great idea?

With, the settlement is instant and it’s all without any other barrier between you and your seller. At the end of the day, it’s your call.

Easily available:

The Internet has made everything within reach. It plays an essential role in the digital currency market or exchange market. You will have a better option for exchanging currency instead of using the traditional and time consuming method. And, a great way to cloud-in as a cryptocurrency sphere enthusiast.

If you are a business owner and expect to welcome cryptocurrency into your zone, always go ahead with a resolution. Go to a trusted dealer or discuss everything with cryptocurrency exchange development opening all the cards and then hit the ball court.

A market mania stage

What is a mania? It is defined as a mental disorder characterized by agitation, agitation, delirium, and excessive activity. In the case of investing, it translates into investment decisions driven by fear and greed without analysis, reason or balance of risk and mood with reward results. Mania usually runs parallel to the business development of the product, but time can sometimes move diagonally.

The technology dot boom of the late 90’s and today’s cryptocurrency boom are two examples of how a mania works in real time. These two facts will be highlighted at each stage in this article.

Idea stage

The first stage of a mania begins with a great idea. The concept is not yet known to many, but the potential for profit is huge. This is usually translated as unlimited profit, since “something like this has never been done before”. The Internet was one such event. People who used paper systems at the time were skeptical that “how could the Internet replace such a familiar and accessible system?” The backbone of the concept begins to form. It has been translated into modems, servers, software and web sites that are needed to make the concept a reality. Investments in the concept stage start lazily and are made by people to “inform”. In that case, it could be dreamers and people working on projects.

In the cryptocurrency world, the same question is being asked: how can a piece of crypto code replace our currency system, contract system and payment system?

Possibilities

The first web sites were crude, limited, slow and annoying. The skeptics would look at the word “information superhighway” that dreamers were blowing and saying “how can this be really useful?” The forgotten element here is that ideas start from their worst and then evolve into something better and better. This is sometimes due to better technology, more scale and cheaper cost, better application for the product in question, or more familiarity with the product combined with great marketing. In terms of investment, early adopters are entering, but there is still no surge and astronomical return. In some cases, investments have made decent income, but not enough to make the public jump. This is similar to the slow internet connection of the 1990’s, the crash of Internet sites or the incorrect information in search engines. In the cryptocurrency world, this is being perceived by high mining costs for coins, slow transaction times, and account hacking or theft.

Acceleration

Word started to come out that this is the internet and “.com” hot new thing. The product and precision are being built, but due to the wide scale involved, the cost and time spent will be extensive before everyone uses it. The investment aspect of the equation begins to precede the development of the business as the market discounts the business potential with the value of the investment. The tide has begun to turn, but only among early adopters. This is happening in the cryptocurrency world with the explosion of new “altcoins”, and the big media press that is gaining ground.

The Euphoria

This stage is influenced by the parabolic return and potential offered by the Internet. Don’t think too much about implementation or problems because “returns are huge and I don’t want to miss out”. The words “irrational outburst” and “mania” are becoming commonplace because people are buying out of sheer greed. Negative risks and negatives are widely ignored. Mania’s symptoms include: dot com red hot with any company name, analyzes thrown out the window for optics, new entrants have less and less investment knowledge, expectations of 10 or 100 bagger returns are common and very few people actually know how the product works or Doesn’t work. It has played into the cryptocurrency world with great returns towards the end of 2017 and the company’s shares popping up hundreds of percentage points using “blockchain” in their name. There are also “reverse takeover offers” where shell companies that are listed on the exchange but inactive change their name to join the blockchain and the shares are suddenly actively traded.

Crash and burn

The business landscape of new products is changing, but not as fast as the investment landscape. Eventually, a switch of mindset appears and a huge sales game begins. Instability is widespread, and many “weak hands” have been removed from the market. Suddenly, the analysis is being used again to justify that these companies have no value or “overvalue”. Fear spreads and prices go down. Companies that have no earnings and who survive on hype and future prospects are blown away. Fraud and scams are uncovered to take advantage of greed, which causes more fear and sells securities. Businesses that have money are silently investing in new products, but the growth rate slows down because the new product is “an ugly word” unless profits are guaranteed. This is starting to happen in the cryptocurrency world with the high incidence of cryptocurrency lending schemes and coin theft. Some marginal currencies are falling in price due to their speculative nature.

Survivors

At this stage, the investment landscape is burned by the story of loss and bad experience. In the meantime, the great idea is coming to clarity and it’s a roar for businesses that use it. It continues to be implemented in daily activities. The product began to become standard and dreamers were quoted as saying that the “information superhighway” was real. The average user notices an improvement in the product and it starts to take over widely. Businesses that had real profit strategies hit the crash and burn stage, but if they had the cash to survive, they went on to the next wave. This has not yet happened in the world of cryptocurrency. Expected survivors are those who have a real business case and corporate backing – but it remains to be seen which company and coin it will be.

The Next Wave – Business Catch Up to the Hype

At this stage, the quality and profitability of new products is becoming apparent. Business lawsuits are now based on earnings and scale rather than concept. A second investment wave starts with these survivors and extends to another early stage mania. The next stage was identified by social media companies, search engines and online shopping which is the derivative of the original product – the internet.

Conclusion

Manius works in a pattern that moves in the same fashion over time. Once one recognizes the stages and thought processes one by one, it becomes easier to understand what is happening and investment decisions become clearer.

DigitalTalks Exchange – An advanced cryptocurrency exchange

DigitalTicksExchange: An Advanced Cryptocurrency Exchange !!!

DigitalTicksExchange is not another crypto-crypto trading platform. It is designed by traders for traders. The concept was launched again in December 2017. DigitalTicksExchangeteam is launching a commodity crypto exchange for the first time. The team’s goal is to provide the best trading platform for the cryptocurrency market.

DigitalTicksExchange’s mission and vision

With the main goal of being in the top 3 cryptocurrency exchanges in terms of market capitalization, the team has established a strong, more powerful and best-in-class technology needed for an advanced cryptocurrency trading exchange 2018 with the aim of being the best online trading. Platform for cryptocurrency. Our team is dedicated to offering traders and brokers the most customizable exchange platforms and has come one step closer to the goal of becoming the only user-friendly exchange with ease of trading cryptocurrencies and crypto commodities.

With the increase in the number of crypto exchanges around the world, many new users in the cryptocurrency exchange market have been attracted to these currency swap transactions but the big challenge for any cryptocurrency exchange is to deal with the security of the exchange and build trust. Confidence in the minds of end users. DigitalTexExchange’s multi-cryptocurrency wallet exchange and advanced security audit system and regular vulnerability testing are planned to be one of the most trusted digital currency exchanges worldwide.

The DigitalTicksExchange team consists of businessmen and industrialists. Entrepreneur, blockchain enthusiast. To make the exchange a success, DigitalTicksExchange innovative developers have put in all the extra effort to understand the needs and requirements of traders, from beginners to professionals. The platform has been customized in such a way that it is easy to use by all market participants, be it hedgehogs, scalpers, arbitrageurs or speculators.

Here is a list of some of the unique features that will be offered on DigitalTicksExchange

Semi-algorithm functionality

View single order portfolio

Hot key function

Multiple trading instruments

Multiple device compatibility

DigitalTicksExchange Token (DTx)

DTx is the DigitalTicksExchange UTILITY token. DTx utility tokens can be purchased using Bitcoin, Ethereum and Bank Wire Transfer. Pre-sale of this token started on March 25, 2018 and public sale started on April 15, 2018. Token sales ended on June 15, 2018

The team is happy to announce its successful token sale. The team sold a total of 64 million tokens during the token sale, an increase of 30 30 million. DigitalTicks currently has over 30,000 community members and the number is growing rapidly.

The advantage of trading on DigitalTicksExchange

DigitalTicksExchange’s trading platform is very smooth and offers a great user interface with multiple functionalities that traders need. A big advantage of using our platform is that the exchange will not charge any transaction fees for the first few months. This can be a great profit opportunity for high-frequency traders. We will also offer volume-based incentives to those high-frequency merchants. We love our users and want to create a fair market for all our registered users by providing regular research reports prepared by our team of expert researchers to make cryptocurrency transactions for their benefit.

Conclusion

With incentives such as volume-based models, the Maker-Taker Concept DigitalItics exchange provides ease of doing business and charges a fair price for a trade. To stay on top, DigitalTicksExchangeteam is dedicated to providing all the tools and support its traders need to trade in the cryptocurrency market. The exchange will be fully developed and will be launched on or before the end of August 2018. The team believes that DigitalTicksExchange will be the most advanced cryptocurrency exchange platform for trading in various crypto-crypto as well as commodity to crypto. !!!!

How cryptocurrency works

Simply put, cryptocurrency is digital money, designed to be secure and in some cases anonymous. It is closely linked to the Internet which uses cryptography, which is basically a process where clear information is converted into a code that cannot be cracked so that all transfers and purchases made can be dealt with.
bitcoin price
The history of cryptography dates back to World War II, when communication was required in the most secure way. Since then, it has undergone an evolution and is digitized today where various elements of computer science and mathematical theory are being used to secure online communication, money and information.

The first cryptocurrency

The first cryptocurrency was launched in 2009 and is still well-known around the world. Many more cryptocurrencies have been introduced in the last few years and today you can find many more available on the internet.

How they work

This type of digital currency uses technology that is decentralized to allow different users to make secure payments and save money without necessarily using a name or even going through a financial institution. These are basically driven by a blockchain. A blockchain is a public ledger that is universally distributed.

Cryptocurrency units are usually created using a process referred to as mining. It usually involves the use of a computer power. The math done in this way solves problems which can be very complicated in making coins. Users are only allowed to buy coins from brokers and then store them in a cryptographic wallet where they can spend very easily.

The application of cryptocurrency and blockchain technology is still in its infancy when it comes to financial matters. More uses may emerge in the future because there is no telling what else will be invented. Stocks, bonds and other types of financial assets can be traded very well in the future using cryptocurrency and blockchain technology.

Why use cryptocurrency?

A key feature of these currencies is that they are protected and they offer an anonymous level that you may not find anywhere else. There is no way a transaction can be reversed or forged. This is by far the biggest reason why you should consider using them.

The fee charged on this type of currency is quite low and this makes it a highly reliable alternative to conventional currency. As they are decentralized in nature, they can be accessed separately from any bank where accounts are opened only with approval.
live crypto prices
Cryptocurrency markets are offering brand new cash forms and sometimes the rewards can be great. You can make a very small investment just to find out that it has turned into something great in a very short time. However, it is still important to note that the market can also be volatile and there are risks associated with buying.

Can I create my own cryptocurrency?

To be in a position to create your own cryptocurrency, here are some things to follow.

Create a blockchain

The first step in creating the best cryptocurrency is to create a blockchain. Blockchain technology is the background and every cryptocurrency you see in the world today. A blockchain contains details of each cryptocurrency.

This is a book that shows the background of each cryptocurrency you have. It also shows more details about who owned the cryptocurrency coins before you One of the best cryptocurrencies has a very effective blockchain technology

Code

All the software you see on the internet is made with a code. The same is true of cryptocurrencies. Fortunately, most cryptocurrencies are created using the same code. Primarily, cryptocurrencies are created using C ++ code. You can outsource all the code you need from GitHub and use it to create your cryptocurrency. However, the code will vary from your specified. If your blockchain is long and fast, you must add programs for it. Typically, programs can vary from a week to a few months when creating a blockchain.

To create the best cryptocurrency, one must ensure that he has the best level of security. There are hackers everywhere and isolating hackers is always your role. One powerful tool that has been used to isolate hackers is the use of private and public keys. Because each key is made from the previous key. Using cryptography, each key can be traced from the first transaction.

You need to make sure you build a pool of miners. For a stable cryptocurrency like Bitcoin? Anyone can be a miner. A miner does two jobs.

-Makes crypto coins

-Cryptocurrency authentication.

You need to create an ideal way to create and authenticate your cryptocurrency.

Access market requirements

Many cryptocurrency experts say that the most important part is accessing the market demand. You should be interested in and observe what other cryptocurrencies are not offering and offer them yourself. If we look at the largest cryptocurrency on the market today, Bitcoin.

It was created to bring fast transactions in the online world. Bitcoin also gained a lot of recognition because it was able to hide the identities of users. They remain anonymous but anyone can still make a valid transaction. These are the most important part to consider when creating a cryptocurrency.

To create a highly successful cryptocurrency, you need to make sure that you are able to properly market your cryptocurrency. This means going to merchants and asking them to accept your cryptocurrency as a method of payment. These are usually some of the best ways to create cryptocurrencies.

Beginners Guide: Introduction to Cryptocurrency

Introduction: To invest in cryptocurrency

The first cryptocurrency to come into existence was Bitcoin, which was built on blockchain technology and was probably launched in 2009 by a mysterious man, Satoshi Nakamoto. At the time of writing this blog, 17 million bitcoins were mined and it is believed that a total of 21 million bitcoins could be mined. The other most popular cryptocurrencies are Etherium, Lightcoin, Ripple, Golem, Civic and Bitcoin hard forks such as Bitcoin Cash and Bitcoin Gold.

It advises users not to keep all money in one cryptocurrency and to try to avoid investing in cryptocurrency bubbles. It has been noticed that prices have dropped sharply while at the top of the crypto bubble. Since cryptocurrency is a volatile market, users must invest the amount they can lose because there is no government control over cryptocurrency because it is a decentralized cryptocurrency.

Apple co-founder Steve Wozniak predicts that Bitcoin is a genuine gold and that it will dominate all currencies like USD, EUR, INR, and ASD in the future and will become a global currency in the coming years.

Why and why not invest in cryptocurrency?

Bitcoin was the first cryptocurrency to come into existence and since then about 1600+ cryptocurrencies have been introduced with some unique features for each currency.

Some of the reasons I have felt and want to share are that cryptocurrencies have been created on decentralized platforms – so users do not need a third party to transfer cryptocurrencies from one destination to another, as opposed to fiat currency where a user needs to transfer money from one account to another. Bank-like platform for. Cryptocurrency is built on a very secure blockchain technology and the chances of hacking and stealing your cryptocurrency are almost nil unless you share some important information.

You should always avoid buying cryptocurrencies at the high point of the cryptocurrency-bubble. Many of us buy cryptocurrencies at the top in the hope of making quick money and fall prey to bubble hype and lose their money. It is good to do a lot of user research before investing money. It is always better to keep your money in multiple cryptocurrencies instead of one because it has been observed that some cryptocurrencies increase more, some average while other cryptocurrencies go into the red zone.

Cryptocurrency to focus on

In 2014, Bitcoin occupied 90% of the market and the remaining 10% occupied cryptocurrency. In 2017, Bitcoin still dominated the crypto market but its share fell from 90% to 38% and Altcoins like Litecoin, Ethereum, Ripple grew rapidly and occupied most of the market.

Bitcoin still dominates the cryptocurrency market but is not the only cryptocurrency you should consider when investing in cryptocurrency. Here are some key cryptocurrencies you must consider:

Bitcoin

Litecoin

Wave

Etherium

Tron

Citizens

Golem

Mind you

Where and how to buy cryptocurrency?

Although buying cryptocurrencies was not easy a few years ago, users now have many available platforms.

In 2015, there are two major bitcoin platforms in India, Unocoin wallet and Zebpay wallet where users can only buy and sell bitcoin. Users only need to buy Bitcoin from the wallet but not from another person. There was a price difference between purchase and sale rates and users had to pay a nominal fee to complete their transaction.

In 2017, the cryptocurrency industry grew exponentially and the price of Bitcoin rose spontaneously, especially in the last six months of 2017 which forced users to look for Bitcoin alternatives and surpassed 1.4 million in the Indian market.

Since Unodax and Zebpay are the two major platforms in India that dominated the market with 90% market share – which only traded in Bitcoin. This allows other companies to grow with other altcoins and even force Unocoin and others to add more currencies to their platform.

Unocoin, one of India’s leading cryptocurrency and blockchain companies, has launched UnoDAX Exchange, an exclusive platform for its users to trade multiple cryptocurrencies in addition to trading Bitcoin in Unocoin. There was a difference between the two platforms – Unocion was only offering instant buy-sell of Bitcoin where on UnoDAX, users could place an order for any of the available cryptocurrencies and the order would be executed if it matched the recipient.

Other major exchanges available for cryptocurrency trading in India are Koinex, Coinsecure, Bitbns, WazirX.

Users need to open an account on any exchange by signing up with email id and submitting KYC details. Once their account has been verified, anyone can start trading the coin of their choice.

Before investing in a coin, users need to be well-researched and not fall into the cryptocurrency-bubble trap. Users must research the reliability, transparency, security features of the exchange and much more.

All exchanges charge a nominal fee for each transaction. There are two types of charges – maker fee and taker fee. In addition to the transaction fee, one has to pay a transfer fee if you want to transfer your cryptocurrency to another exchange or to your personal wallet. Charges depend only on coins and exchanges because different exchanges have different price modules for coin transfer.

Major Altcoins other than Bitcoin

As mentioned above, Bitcoin dominates the market with a 38% market share, followed by Ripple, Ethereum, Litecoin, Bitcoin Cash. Exchanges such as UnoDAX, Bitfinex, Kraken, Bitstamp have listed other currencies like Golem, Civic, Raiden Network, Kyber Network, Basic Attention, 0X, Augur, Monero, Tron and many more. If any coin matches your portfolio then you must buy it.

But, you must keep the money in the market that you can lose because the cryptocurrency market is very volatile and there is no government control over it.

When to buy?

There are no hard and fast rules when it comes to buying your favorite cryptocurrency. But we need to do research on market stability. You shouldn’t be at the top of a cryptocurrency bubble or when prices are constantly crashing. The best time is always considered when prices remain relatively low for some time.

Cryptocurrency storage methods

Before you buy any cryptocurrency you must understand how to keep your cryptocurrency safe.

Generally, all exchanges offer storage facilities where you can safely keep your coins. When you place cryptocurrencies on an exchange, no one must share their username, password, 2FA.

Paper Wallet, Hardware Wallet, Software Wallet are some of the channels where anyone can save their cryptocurrency.

Paper Wallet: Paper Wallet is an offline cold storage system for keeping your cryptocurrency. It prints your private and public keys on a piece of paper where the QR code is also printed. One has to scan the QR code for their future transactions. Why is it safe? No need to worry about your account being hacked or any malicious malware attack. All you have to do is secure your piece of paper in a locker and keep two to three pieces of paper wallet under your complete control if possible.

Hardware Wallet: A hardware wallet is a physical device where you keep cryptocurrencies safe. Hardware wallets come in many forms, but the most commonly used hardware wallet is USB. When you put your cryptocurrency in a hardware wallet, you just have to remember that you should not lose your hardware wallet because once it is lost you will not be able to recover your cryptocurrency.

A famous case where one person digs up 7000+ bitcoins, saves them in hardware wallet and puts another in hardware wallet. One day he threw away that hardware wallet so that he could save his cryptocurrency instead of the damaged hardware and he lost all his bitcoins.

What can be bought from cryptocurrency in India?

Most people assume that buying and selling a cryptocurrency is only for investment and for high returns in the long and short term. Influential and Bitcoin investors believe that in the coming years Bitcoin will dominate all Fiat currencies and be adopted as an international currency.

Dell is one of the largest e-commerce businesses that accepts Bitcoin as a payment. Expedia and UNICEF are other examples.

In India, Dream Book Mall was accepting Bitcoin as payment using Unicoin Merchant Services. People were booking movie tickets through BookMyShow or recharging their mobiles using the Unocoin platform. According to reports, they have stopped the service but are planning to resume it in the near future.

Conclusion:

Cryptocurrency is one of the growing investment sectors and it has given better returns than real-estate, gold, stock-markets, etc. in the past. You can buy cryptocurrencies and hold on to the long term to get excellent returns or go short term for quick profits as we have seen many coins grow at 1000% + in the past. Since cryptocurrency is a volatile market and the government has no control over the industry. One must invest in any cryptocurrency the amount they can lose.

You can save your cryptocurrency in hardware wallet, paper wallet, software wallet if you do not want to keep it at the exchange where you are trading.

Bitcoin risk

Bitcoin risks that investors need to be aware of
Risk one- Bitcoin volatility
Everyone knows how volatile Bitcoin is and those who invest in it will see the value of this cryptocurrency fluctuate dramatically. If you can’t cope with the rise and fall of Bitcoin, then investing in Bitcoin is not for you. There is no profit if you lose sleep due to loss of your capital. I can’t stress enough the importance of using your discretionary spending money to play in the cryptocurrency market.
What is discretionary expenditure?
This means money spent on travel, eating out, recreation, hobbies and sports.
You should never spend rent or money set aside for your leisure activities such as a day off at a race so you should not use that money to play cryptocurrency market.
Risk two-hacking
A company called “Cryptopia” which was an online bitcoin trading platform raised funds to invest in bitcoin. It was hacked and those who invested in Bitcoin with Cryptopia lost their money. There were some sad stories about some people losing huge sums of money. Person
It must be said again and again that your cryptocurrency money should never play with funds that you cannot lose or put too many eggs in a basket as many of these investors have done.
The other thing I need to add is that the actual amount of money lost by cryptocurrency investors due to the rising value of Bitcoin is likely to swell drastically. If someone invests $ 1,000 in Bitcoin and it reaches $ 10,000 in a few years just to lose a lot for them. It will go on record that this person lost 10k when in fact, they lost only 1k.
Risk of losing three passwords
An Australian man has been locked out of his Bitcoin wallet because he can’t even remember his password. The website that contains his bitcoin will permanently lock him out of his wallet if he has made ten failed login attempts. He did eight. He has more than 300k in his bitcoin wallet.
The lesson here is to write down your password and keep it locked in a safe place.
The other part of the advice is to diversify your portfolio so that you don’t lose too much in one hit if something goes terribly wrong.
Risk four-government control
The government has the power to ban crypto trading; China has done just that. Several Chinese agencies have joined forces to ban what is described as “illegal” cryptocurrency activity. This is not to say that other countries will follow suit, but it only points to the point that governments have the power to do so.
Risk five-tax
Two things are certain in life, death and taxes. You can be sure that at some point the taxpayer will want a portion of your bitcoin pie. Be it in the form of capital gains tax or increased value of bitcoin. It should be noted that if your Bitcoin capital gains are taxed, it may be possible to claim a tax refund on any capital loss. A good accountant will be able to advise you here.
Whatever form of capital gain you are investing in, always keep in mind that when there is a chance of capital gain, there is also the possibility of capital loss. Investing in cryptocurrency is risky so, it cannot be stressed enough that the money you invest in Bitcoin must be money that you can lose.

Why trade in your cryptocurrency?

The modern concept of cryptocurrency is becoming very popular among traders. As a side product, Satoshi Nakamoto has introduced a revolutionary concept to the world. Decoding cryptocurrency We understand that crypto is something hidden and currency is a medium of exchange. It is a form of currency used in block chains created and stored. This is done through encryption techniques to control the creation and verification of the traded currency. Bitcoin was the first cryptocurrency to come into existence.

Cryptocurrency is just one part of the process of running a virtual database in the virtual world. The identity of the real person cannot be determined here. Also, there is no centralized authority that conducts cryptocurrency business. This coin is thought to be the equivalent of hard gold stored by humans and whose value continues to skyrocket. The electronic system set up by Satoshi is a decentralized one where only miners have the right to change by confirming the proposed transaction. They are the only human touch provider in the system.

Cryptocurrency fraud is not possible because the whole system is based on hard core math and cryptographic puzzles. Those who are able to solve this puzzle can change the database which is impossible. Once a transaction is confirmed, it becomes part of a database or blockchain that cannot be returned.

Cryptocurrency is nothing more than digital money that is created with the help of coding techniques. It is based on a peer-to-peer control system. Let us now understand how to make a profit by trading in this market.

Cannot be reversed or duplicated: While many people may refute the notion that transactions are irreversible, the best thing about cryptocurrency is that once the transaction is confirmed. A new block is added to the blockchain and then the transaction cannot be forged. You become the owner of that block.

Online transactions: It not only makes it convenient for anyone sitting in any part of the world to transact, but it also simplifies the speed of transaction processing. Compared to real time where you need a third party to come to the picture to buy a house or gold or take a loan, in the case of cryptocurrency you only need a computer and a potential buyer or seller. The idea is simple, fast and full of potential for ROI.

The fee per transaction is less: Miners do not charge low or no fees during the transaction as it is taken care of by the network.

Accessibility: The idea is so real that anyone with access to smartphones and laptops can access the cryptocurrency market and trade anywhere at any time. This accessibility makes it even more profitable. While the ROI is commendable, many countries, such as Kenya, have introduced M-Pesa systems that allow bitcoin devices that now allow 1 in 3 Kenyans to carry a bitcoin wallet with them.

Crypto Trend – Second Edition

In the first edition of CRYPTO TREND we have introduced Crypto Currency (CC) and answered various questions about this new market space. There is a lot of news in this market every day. Here are some highlights that give us a glimpse of how new and exciting this market place is:

The world’s largest futures exchange to create a futures contract for Bitcoin

Terry Duffy, president of the Chicago Mercantile Exchange (CME), said: “I think you’ll see us in the second week of December. [bitcoin futures] Deal out for list. Today you can’t shorten bitcoin, so that’s the only way it can go. You either buy it or sell it to someone else. So you create a two-way market, I think it’s always more effective. “

The CME regulator plans to launch Bitcoin Futures by the end of the year pending review. If successful, it will give investors an effective way to go “long” or “short” in Bitcoin. Some sellers of exchange-traded funds have also filed for Bitcoin ETFs which track Bitcoin futures.

These developments are likely to allow CC to invest in the cryptocurrency space without full ownership of CC or using the services of CC Exchange. Bitcoin futures can make digital assets more useful by allowing users and intermediaries to hedge their overseas-exchange risks. This may increase the acceptance of cryptocurrency by traders who want to accept Bitcoin payments but are wary of its volatile value. Institutional investors are also accustomed to trading regulated futures, which is not plagued by money laundering concerns.

The move by CME also suggests that Bitcoin has become too big to ignore, as the exchange appears to have canceled crypto futures in the recent past. Bitcoin is all about brokerage and trading firms that have suffered in a growing but unusually quiet market. If the futures of an exchange are closed, it will be almost impossible for another exchange like CME to capture it, as scale and liquidity are important in the derivatives market.

“You can’t ignore the fact that this is going to be a story that won’t go away,” Duffy said in an interview with CNBC. There are “mainstream companies” who want access to Bitcoin and there is “huge paint-up demand” from clients, he said. Daphne thinks that bringing Bitcoin into the market by institutional traders can make it less volatile.

Japanese village to use cryptocurrency to raise capital for municipal revival

The Japanese village of Nishiyavakura is researching the idea of ​​having an initial currency offer (ICO) to raise capital for the revitalization of the municipality. This is a very fancy method, and they can ask for help from the national government or private investment. Several ICOs have had serious problems, and many investors are skeptical that any new tokens will be worth it, especially if the ICO turns into another joke or scandal. Bitcoin was certainly no joke.

Initial Currency Offer – (ICO)

We didn’t mention ICO in the first version of Crypto Trend, so let’s talk about it now. Unlike the initial public offering (IPO), where a company has an actual product or service for sale and you want to buy shares of their company, an ICO may be for anyone who wants to start a new blockchain project with the intention of creating one. A new token in their chain. The ICO is uncontrolled and there have been several complete shutdowns. A legitimate ICO, however, can raise a lot of cash for a new blockchain project and network funding. It is common for an ICO to create a high token value near the beginning and then soon return to reality. Because having an ICO is relatively easy if you know the technology and have some money, there have been many and today we have about 800 tokens. All these tokens have a name, they are all cryptocurrencies, and with the exception of very well known tokens like Bitcoin, Etherium and Lightcoin, they are called alt-coins. Crypto Trends does not recommend participating in ICOs at this time, as the risk is extremely high.

As we said in Issue 1, this market is now “Wild West” and we are advising caution. Some investors and early adopters have made huge profits in this market space; However, there are many who have lost a lot or everything. Governments are considering regulations because they want to know about every transaction so that all of them are taxed. They all have huge debts and are stuck for cash.

So far, the cryptocurrency market has avoided the financial problems and shortcomings of many government and conventional banks, and blockchain technology has the potential to solve many more problems.

One of the great features of Bitcoin is that the entrepreneurs chose a limited number of coins that could ever be made – 21 million – thus ensuring that the cryptocurrency would never inflate. The government can print as much money (fiat currency) as it wants and inflate their currency till death.

Future articles will discuss specific recommendations, however, make no mistake, the initial investment in this sector is only for your most speculative capital, money that you may lose.

If you are ready to invest in this market space then Crypto Trend will be your guide.

Stay tuned!

Planning to trade Monero Cryptocurrency? Here are the basics to get you started

One of the key principles of blockchain technology is to provide users with confidential privacy. Bitcoin relied on this premise as the first decentralized cryptocurrency to market itself to a wider audience which then needed a virtual currency free from government interference.

Unfortunately, along the way, Bitcoin has proven to be fraught with a number of vulnerabilities, including unproven and variable blockchain. All transactions and addresses are written on the blockchain making it easy for anyone to connect the dots and disclose their personal details based on existing user records. Some government and non-government organizations are already using blockchain analysis to read data on the Bitcoin platform.

Such flaws have led developers to look for alternative blockchain technology with improved security and speed. One of these projects is Monero, usually represented by the XMR ticker.

What is Monero?

Monero is a privacy-based cryptocurrency project whose main goal is to provide better privacy than other blockchain ecosystems. This technology shields users’ information through stealth addresses and ring signatures.

Stealth address refers to the creation of a single address for a single transaction. No two addresses can be pinned in a single transaction. The coins received go to a completely different address so that the whole process is obscured to an external observer.

Ring signatures, on the other hand, refer to the combination of account keys with public keys thus creating a “ring” of multiple signatories. This means that a monitoring agent cannot link a signature to a specific account. Unlike cryptography (the mathematical method of securing crypto projects), the ring is not a new kid in the signature block. Its principles were explored and recorded in a 2001 study by The Weizmann Institute and MIT.

Cryptography has certainly won the hearts of many developers and blockchain fans, but the truth is, it is still a new tool with a handful of uses. Since Monero uses already tested ring signature technology, it has distinguished itself as an acceptable legitimate project.

Things to know before you start Monero trading

The market of the mind

Monero’s market is similar to other cryptocurrencies. If you want to buy it then Kraken, Polonix and Bitfinex are some of the exchanges to visit. PoloniX took it first, followed by Bitfinex and finally Kraken.

This virtual currency appears to be mostly pegged to dollars or to peer-to-peer cryptocurrencies. Some available pairs include XMR / USD, XMR / BTC, XMR / EUR, XMR / XBT and many more. The trading volume and liquidity record of this currency are very good statistics.

One of the great things about XMR is that anyone can take part in mining, either in person or by joining a mining pool. Any computer with remarkably good processing power can dig Monero blocks with some hiccups. ASICS (Application-Specified Integrated Circuit) which is currently mandatory for bitcoin mining.

Price disbelief

Despite being a strong cryptocurrency network, it is nothing special when it comes to volatility. Virtually all altcoins are highly volatile. This should not be a concern for any interested trader as this factor makes them profitable in the first place – you buy when prices are low and sell when they are on an upward trend.

In January 2015, the XMR was going at $ 0.25 then in May 2017 some jogging made $ 60 and it is currently bowling above the 300 mark. The Monero currency hit its ATH (all-time high) of $ 475 on January 7, before hitting 300 300 with other cryptocurrencies. At the time of writing, virtually all decentralized currency is in the process of price correction.

Functionality and acceptance

Thanks to the ability to offer reliable privacy, XMR has been adopted by many people that can be easily replaced with other currencies. Simply put, Monero can easily be traded for anything else.

All bitcoins in the Bitcoin blockchain are encrypted, and therefore, when something like theft occurs, every coin involved will be prevented from being treated unchanged. With Monero, you cannot distinguish one currency from another. Therefore, no seller can reject any of them because it is associated with a bad event.

Monero blockchain is currently the most trending cryptocurrency with a significant number of followers. Like other blockchain projects, its future looks great because of government crackdowns. As an investor, you need to do your due diligence and research before trading in any cryptocurrency. Where possible, seek the help of financial experts to guide you in the right direction.