Cryptocurrency Trading Tools you Need

Cryptocurrency Trading Tools you Need

 More and more people Start to understand that trading cryptocurrencies might be a great alternative for just having their money stashed on the bank account. With no interest in receiving nothing in return, except providing the bank with additional tools for trading themselves.

Now, Trading cryptocurrency is not exactly the same as investing in Cryptocurrency. They are clear differences between the 2 you have to be aware of those in order to be successful in either one of them.

When you look to invest in Cryptocurrency, or an IO, it's like making any other investment. You have to understand who is running the show in the history of these particular people. What kind of partnerships these crypto currencies have or plan to have in the near future. And most important who are the developers that are developing this particular software.

Like any investment strategy this is something that you basically do for the long term.

On the other hand, for those that don't have patience for their investment strategy to pay off in let's say 5 years, there is a short term alternative.

Here you actually have to be looking for volatile and High Liquid Crypto currencies, where the market keeps on moving on a daily basis.

From what we have seen since November 2017, is can be extremely lucrative and also very risky. Cryptocurrency at this stage, which is still in its infancy when it comes to trading. Gives in higher potential but also much higher risk than trading in stocks and some currency.

This is where good trading tools coming in. The more you are able to predict the market, the better you are able to actually see all the changes predict where they price is going to bed are you able to trade. since cryptocurrencies behave little bit different than the standard Stocks or  forex Trade-able assets,

It also requires different tools.

 There's no shortage in trading tools offered. This does not mean that many of them are good or give you the results you require. It largely depends on the trading strategy you intend to apply.

First, after the side of course, which cryptocurrency you want to trade. Now, with the news today. It's easy to find those that present themselves with the best training opportunities. The next step is to create very good trading strategy through technical analysis of this news that you been reading about this particular cryptocurrency.

For this process you need to take your time. Using the tools that will be presented to you. Is fundamental in order to give you the best chance of success?

 

TradingView

Is one of my favorites and I'm using it everyday.

This is a technical analysis training portal. That I've been using for trading forex for the last couple of years. Now, since the Crypto currencies have taken its entry into this industry, Then also provide enough technical analysis information about These Tradeable assets. It will give you all the information about chart patterns and candle sticks and much, much more.

In addition, we have a social aspect to it. There are numerous traders It had been treated for years and can be considered professionals That show what they are trading. Why they are trading and how they are trading crypto currencies?

This tool is number one on the list for reason. You from ation you will be able to find provided by these traders. Is crucial and beyond anything you will be able to find anywhere else.

On top of that they are free you able to access them anywhere in the world and you be able to use the tools that charged and anything else that you find on the website for no cost whatsoever.

There widgets are used by webmasters all over the Internet because of their value and accurate information.


These are these Best Brokers to trade Cryptocurrencies


CoinMarketCap

Resources another must use for those that are serious about trading. If you have been trading already for sometime. It's most likely one of those sources you already have been using. If we don't get our new trading crypto currencies. Believe me, you will use this more than you would think.

For some part II consider this the website to be directed padya of Cryptocurrency. They have all the information all the social channels and everything you need to know about every cryptocurrency that has any place on the market.

You will find that this portal is resource for many, many of the other sites that display information concerning this industry.

Cryptocurrency News and Review Sites

This is not as much a tool as it is a resource you will find that many, many questions. You might find answers on numerous websites that are out there. These websites are often managed by traders them self. And you will find here the answers as to what broker would suit you best call in this depends of course on the trading platform. You looking for the broker your location in the budget you have in order to trade.

Some of the Better sites are:

Coin360

Coin360 is a platform run by the guys from CoinTelegraph, that takes the most recent cryptocurrency values and shows them in a very cool way. This  visualization explains itself more or less and will give you great indication if you re in the right direction with your trades.

The rate changes are displayed by use of color that will show you a overview of the movement for this cryptocurrency. Green means the price goes up and red of course means the price went down.

It is an instant review of the crypto you are or are planning to trade and a tool ne should use.

CoinCheckup

The very informative and good site to analyze the  crypto currency you plan to trade

This research platform provides you with a lot of information that you will be able to use in your strategy

  • Charts & Detailed Analysis
  • Market Data
  • Predictions
  • Github Analysis
  • Coin Specs
  • Cryptocurrency News
  • Investment stats
  • and a lot more

this platform you need to play with in order to find yourself with the information you need , but the more you are using it the faster it will give you want to are looking for, the information is there you just need to get it out.

More tools out there and we could make a list a mile long. But that would not really help you here. These are the tools that give you the most without visiting too many websites. All of them. Are of the highest quality and used by even international in high financial companies.

Let us Know

If there are smore tools more tools that you would like to have us focus on drop as a note and we will check them out, most likely we know them. We just decided that this is enough with the moment. There's no need, If you are new trader to get swamped by different services and tools which in the end of the day will make your trading even harder.

No, the moment you actually went through the information you have your strategy decided on which cryptocurrency you wanted to trade in you actually are ready to go for it. You still need a broker or a trading platform where you able to do this. Part of the decision, which broker is right for you depends also on the location where you are in the world in the US. You have different kinds of brokers. Then you would have otherwise in this trailer, or Asia and Europe. A lot of them are regulated so much used to go for non regulated.

Either way, the forex brokers that are offering trading in crypto or cryptocurrency brokers that are their main business is a trading platform that basically only offers trading in cryptocurrencies trading.

You are also able to trade with a lot of the exchanges but coming from the Forex world and being trading in Forex for years. I feel more comfortable working with Forex brokers that I know have worked in this financial industry for years and those are able to provide me with the additional services.

And since I like to trade besides Crypto Currencies also Stocks some Indices and regular currencies. I really a stick to the forex brokers, but this is a personal decision.

These are these Best Brokers to trade Cryptocurrencies

Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Bringing DLT Specialists Together:

 

 On September 11, Sweden will host Blockchain & Bitcoin Conference Stockholm organized by Smile-Expo – international coordinator of business events.

The conference will introduce various topics regarding blockchain and will drive attention to the most topical problems of the cryptocurrency market today.

Key speakers:[yasr_overall_rating]

One of the invited experts is the Member of Swedish Parliament Mathias Sundin who is involved in the Tax Committee and the Finance Committee. The specialist has co-founded a revolutionary technological organization Warp Institute and joined financial company Goobit. At the event, the speaker will analyse the power of decentralized systems, evaluating its long-term strenghts.

Head of Digital and Innovation at Landshypotek Bank Merete Salmeling will deliver the presentation, too. She will explain how DLT can be integrated into the real estate, and what advantages it brings.

President of Blockchain Alliance Europe Tanja Bivic Plankar will join the conference as well. Being an initial coin offerings expert, she will share knowledge about ICOs, describe recent innovations in the token sale sphere and talk about the regulatory framework.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

Regulatory and legal challenges coming with innovations will also be discussed by Dr. Guenther Dobrauz-Saldapenna – Partner & Leader PwC Legal Switzerland. The speaker is a lawyer, VC investor, and banking specialist. He provides business consultations and has already written 10 books discovering innovative processes, money and technology.

See the full list of Key speakers here

Blockchain & Bitcoin Conference Stockholm is the second crypto event in Sweden carried out by Smile-Expo. The company has already held 40 successful crypto conferences in 25 countries.

Use an opportunity to meet leading DLT specialists, ask questions and learn new topical information about the blockchain industry at first hand at the conference!

Blockchain & Bitcoin Conference Stockholm

Details of the event and registration are available on the official website of Blockchain & Bitcoin Conference Stockholm.

Go Visit the Blockchain & Bitcoin Conference Stockholm

Go Visit the Blockchain & Bitcoin Conference Stockholm

The Blockchain & Bitcoin Conference Stockholm is a highly anticipated crypto event in Sweden.  and is being held for the second time.

after the success of the first one they look to make this event a annual one.  since the crypto industry is going more and more out of the shadows and becomes more mainstream you will find that the quality of people involved also grows.

this is clearly displayed in the extensive list of speakers at this event.

Event goals:

bringing together the international business community in order to share their experience of integrating blockchain and cryptocurrencies; discussing blockchain industry issues and finding ways to solve them; encouraging a balanced growth of the cryptocurrency market.

Conference topics: 

  • blockchain in various sectors: energy industry, real property, newsmaking etc.
  • Legal regulation of the blockchain sector
  • token models and their application
  • ICO regulation.

Speakers:

the list of world-renowned blockchain experts, including government officials, foreign investors, entrepreneurs, lawyers, and developers is impressive and should get this event the notice it deserves.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

who should not miss this Event :

investors, business people, lawyers, startup founders, and those aiming to launch a token sale.

why should not miss this Event :

:to receive full information with case studies about the blockchain application, to discover how to comply with the legal norms in the blockchain industry, to find business partners, and to enhance your brand awareness.

Prices of the Event

Standard ticket  - 240 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

Student ticket - 121 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

A valid student ID should be presented at check-in. No refunds on the day of the event.

Buy Your ticket Now


Blockchain & Bitcoin Conference Stockholm is a part of the series of Blockchain World Events held in 25 countries. The organizer is Smile-Expo International Company.

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Local bitcoin Trader Jailed for Money Laundering

Indicted: Local bitcoin Trader Jailed for Money Laundering

Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison.

She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.

money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.

Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.

The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.

Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.

Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.

She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.

According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.

The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.

Just One of Many

That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.

One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.

Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.

He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.

Article Originally Published:

By ELIZABETH GAIL at Coincentral

 

RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:

BTCUSD, ETHUSD, BCHUSD, DSHUSD, LTCUSD, and XRPUSD.

The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

EOS Crypto currency

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker's focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).

 

What Is BitGold?

What Is BitGold?

Bit gold was one of the earliest attempts at creating a decentralized digital currency, proposed by blockchain pioneer Nick Szabo in 1998. Although the Bit gold project was never implemented, it’s often regarded as being the direct precursor to Satoshi Nakamoto’s Bitcoin Protocol. 
Nick Szabo BitGold

Bitcoin and BitGold

There are many similarities between Bitcoin’s architecture and the Bit gold proposal, particularly in the technical mechanisms used to process transactions and secure the decentralized network.
Both Bitcoin and Bit gold are powered by a POW-based consensus algorithm in which computing power is spent to solve cryptographic puzzles. The solution to those puzzles is then processed through a Byzantine Fault Tolerant (BFT) peer-to-peer network. Finally, a cryptographic hash chain is created to link the most recent puzzle’s solution to the outcome of the following one, thereby validating blocks of transactions. This process for posting transactions to the network is consistent between Bitcoin and Bit gold.  
Consensus POW Bitgold
Bitcoin is distinguished for solving the double-spending problem, which the Bit gold proposal could not at the time. Bit gold’s proposal called for a Byzantine method that relies on a quorum of network addresses rather than a quorum of (hash) computing power. This made the Bit gold network overly vulnerable to Sybil attacks. Bitcoin, on the other hand, added block confirmations to successfully protect against double-spending.
Bitcoin successfully realized the intent of Bit gold and is currently a fully functional protocol, serving roughly 20 million users globally, as of May 2018. The two protocols draw such close parallels that people often speculate about Nick Szabo being the anonymous Bitcoin creator, Satoshi Nakamoto(despite his denial.)

Why Was BitGold Created?

Bit gold was inspired by inefficiencies of the traditional financial system and the use of precious metals as currency.

Traditional Financial System Inefficiencies 

Szabo points out that the traditional financial system requires parties to invest a great deal of trust in order for transactions to take place. For example, If somebody were to accept a loan from a bank, the bank must then trust that person with repaying the loan as agreed. Similarly, clients of a bank must trust that their money is properly secured and not being misappropriated by the bank. 
trust-based traditional financial system | What Is BitGold?
Transacting through trust-based systems leaves opportunity for costly problems such as fraud or theft. A study conducted by Lexis Nexis in 2009 showed that merchants in the United States are losing approximately $190 billion a year to credit card fraud. The traditional financial system’s consistent large cost of losses and siloed architecture motivated Szabo.
Bit gold was introduced to provide a more trustless model for transacting. Szabo’s presentation at the 2015 Bitcoin Investor Conference helped highlight the underlying purpose of Bit gold as being“software to minimize vulnerabilities of all parties to each other.” 
When asked about the intent of Bit gold, Nick Szabo explained, “I was trying to mimic as closely as possible, in cyberspace, the security and trust characteristics of gold, and chief among those is that it doesn’t depend on a trusted central authority.” Szabo’s response was describing the defining characteristics of a decentralized network, which Bitcoin successfully implemented a little over a decade later. 

BitGold as an Improvement to Precious Metals as Currency

Bit gold was an attempt to replicate the economic properties of gold (gold’s unforgeable value) while improving its security properties. 
Szabo argues that gold has historically lacked security. He references historical events such as the Spanish looting of the Aztecs and the English looting of the Spanish to acknowledge that physical gold can be acquired through force. Szabo also discusses contemporary political threats, giving the example of President Franklin D. Roosevelt’s executive order of 1933, which required Americans to surrender much of their gold to the federal government. 
The Bit gold proposal was revolutionary in that it utilized advanced principles of computer science (likeencryption) to devise a new, trustless financial system. The proposed decentralized network offers individuals a degree of monetary sovereignty that physical gold could not. Bitcoin expert Trace Mayer describes monetary sovereignty for individuals as “a way that people can hold the private keys to their own wealth.” 
Possessing your wealth first-hand is quite directly the purpose of owning gold, but decentralized financial networks, like that proposed by Bit gold, suggest that personal wealth control can be accomplished in a more secure, digitized, and trustless manner.

 Benefits Proposed By BitGold

Bit gold’s trustless financial model proposed a set of unprecedented benefits for users. In particular, Szabo envisioned two key features of a trustless system:
  1. Independence From Financial Institutions
Through a decentralized Bit gold network, users could transact securely without needing to trust or pay a financial institution to administer those transactions. The Bit gold network itself would provide the functionality of accurately tracking user account balances and processing legitimate transactions. Additionally, users are in possession of the private keys to their own wealth (monetary sovereignty.)
These characteristics in combination meant that transactions and storing money could take place virtually and independently, removing the dependence from financial institutions.
  1. Seamless Operation Across Borders
The traditional financial system has many silos. Sending money across borders can take anywhere from a couple of days to weeks to fully go through. This is because banks must undergo a very rigid and regulated process to send money to other financial institutions before those funds can reach the intended party. 
traditional banking silos
Decentralized networks like Bitcoin and Bit gold remove these silos and create the ability to process cross-border transactions within minutes. Again, these benefits were not realized with Bit gold since the model was never implemented, but are currently being realized through Bitcoin’s Protocol.

Final Thoughts

After discussing the inefficiencies of both precious metals and trust-based financial systems, Nick Szabo puts forth the vision for Bit gold: “Thus, it would be very nice if there were a protocol whereby unforgeably costly bits could be created online with minimal dependence on trusted third parties, and then securely stored, transferred, and assayed with similar minimal trust. Bit gold.”

Key Takeaways

  • Bitgold was the first feasible proposal of a decentralized financial network.
  • Nick Szabo conceived of Bit gold after addressing inefficiencies of the traditional financial system and the use of precious metals as currency.
  • A decentralized financial network (Bit gold) could remove dependence from financial institutions while providing seamless operation across borders
  • The vision of Bit gold was realized by Bitcoin over a decade later and the two protocols share a very similar architecture. 

To find out more, check out Nick Szabo’s Bit gold post on his blog Unenumerated.

Finding the Next Bitcoin and do not miss its Payday

Finding the Next Bitcoin

Three Strategies for Choosing What Cryptocurrency to Invest in Next.

 

You’ve probably thought it at one point or another: “I missed the Bitcoin payday. How do I decide what cryptocurrency to invest in now that I know about the market?”what will be the Next Bitcoin

The bad news: It’s unlikely that any other cryptocurrency will see the same astronomical growth that Bitcoin experienced over the last few years, and impossible to predict it.

The good news: There’s still plenty of opportunities to invest in up-and-coming cryptocurrencies that could potentially bring you 10-100x returns. This comes with a heavy note of caution, because as you may know, cryptocurrencies are incredibly volatile. This is not investment advice, and you should gain/lose money on your own research and intuition.

In this article, we’ll go over some basic strategies you can follow when searching for what cryptocurrency to invest in next. We’re focusing on high risk, high reward options here. If you’re looking for general investment tips, you should check out our article on how to build a proper cryptocurrency portfolio instead.

Scour Initial Coin Offerings (ICOs)

Initial Coin Offerings (ICOs) have quickly become the standard for blockchain startups to raise funding for their project. In an ICO, the team hosts a crowdsale in which you purchase tokens that you can use on their platform. You can also trade these tokens in the secondary market (exchanges) after the ICO.

For example, Golem held an ICO to distribute the first GNT tokens. The purpose of these tokens is to purchase computing power in the Golem network, but traders also buy and sell them on exchanges.

Participating in ICOs can be a lucrative trading strategy. If you invested in the NEO crowdsale (at the time the project was called AntShares), your return on investment (ROI) would be ~160,000% currently. Populous, about 5,000%. OmiseGo, around 4,000%. You get the picture.

ICO ROIs | Finding the Next Bitcoin

Source: ICOBench

ICO gains do come with the highest amount of risk, though. The majority of ICOs will fail, and already almost half have done so already.

ICO Research

It’s important that you do your due diligence when picking what cryptocurrency to invest in pre-ICO. There are a ton of things to look at when evaluating a cryptocurrency, but the most important attributes are:

  • Team and advisors – The team should have experience in blockchain technology or at least the industry that they’re targeting. Preferably both. Having reputable advisors is also a strong sign that the ICO could succeed.
  • Clear problem/solution – The project’s white paper should clearly define what problem the project is aiming to solve and how the cryptocurrency solves it. Make sure it’s not just a document full of marketing BS.
  • Token distribution –  The team should be distributing over fifty percent of the tokens to crowdsale participants if not much, much more. Be hesitant about projects in which the team and advisors keep a significant proportion of tokens.

Other things to take note of are: any notable partnerships, whether the team has already created a product, and the size of the industry they’re targeting. All of these things could lead to a favorable investment.

Check Lesser Known Exchanges

Even if you missed your chance to participate in an interesting ICO, you can still invest once the coin hits exchanges. At this time, there’s often a brief spike followed by an immediate dump as ICO investors look to cash-in on short-term gains. This is a prime opportunity to get coins you’re interested in for ICO-level (or even lower) prices.

Beyond the short post-ICO period, you still have time to invest in a coin before major exchanges begin to list it. Cryptopia and decentralized exchanges such as IDEX are goldmines for these types of coins. The same research strategies mentioned above apply to coins in this category as well.

IDEX exchange | Finding the Next Bitcoin

Search through coins with a small market cap (<$100 million) that haven’t been listed on a large exchange like Binance yet. You can check CoinMarketCap to see which exchanges coins are on. Make sure you research appropriately and find coins that you believe to have solid fundamentals.

Once you’ve found a coin you’re confident in, purchase it, and (this is the hardest part) wait. It could take days, weeks, or even months for your coin to reach a respectable amount of awareness. If you truly believe in the fundamentals of the coin, though, this time-frame shouldn’t matter. Once the coin joins a major exchange, feel free to trade it accordingly.

Time Important Events

Another popular strategy in selecting what cryptocurrency to invest in is to choose coins based on project roadmaps and event calendars. This is a short-term strategy and usually much harder to execute than the other ones that we’ve covered.

The price of cryptocurrency tends to rise after an important partnership announcement or development milestone. If you follow certain projects on Twitter or are active in their Telegram channel, you usually find out about these announcements ahead of the less involved general public.

With that information, you can sometimes buy into a project early and ride the wave up following the announcement. This has some potential downsides, though. Correct timing is incredibly difficult to accomplish. And, in a bear market, even the most impressive announcements can get crushed under the negative sentiment.

Additionally, the rest of the market may not react to the news the way that you expect. A recent example of this is Verge’s PornHub partnership announcement. While some supporters saw this as positive news, the majority of the market didn’t, and the price crashed accordingly.

Stay Vigilant

Most importantly, you just need to stay vigilant when looking for the Next Bitcoin and  to find what cryptocurrency to invest in. New investment opportunities occur every day when you’re actively looking for them. Join subreddits, follow crypto traders on Twitter, constantly research new projects – in essence, engulf yourself in the blockchain space. You never know what gems you’ll stumble upon.


" Finding the Next Bitcoin"  Originall Published at Coincentral here

Written by

Steven Buchko

Steven is a managing editor at Coin Central and a blockchain investor. He's also the co-founder of Coin Clear, a mobile app that automatically turns your daily spending habits into cryptocurrency investments.

 

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Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.

 

Why You Need to Get Onboard With Blockchain!

Blockchain Disruptions | Why You Need to Get Onboard With Blockchain!


Why You Need to Get Onboard With Blockchain!


Visit bitfortune.net . for more interesting Infographics

Guys did an amazing job and was allowed to share.


 

Why trade Cryptocurrency

Why trade Cryptocurrency

Why do people trade Cryptocurrencies

Cryptocurrencies are a form of a virtual currency, it purpose is to function as a medium of exchange making it the same as regular money in many regards.

The normal fiat currency everyone knows is controlled by the banks and the governments and altogether you have no control on this. This is where cryptocurrencies are different.

They work on the concept that the cryptocurrency is decentralized and works through a blockchain, a public transaction database which functions as a distributed ledger.

The time for cryptocurrenies is NOW

Of course we can go in deep and write a 600 pages book on this. But i expect you do not have the patience for reading that.  so let's just say that it is important to know that everyone is using them already. maybe they are not aware of it but they are everywhere and money that goes from your pay-slip to your bank is as virtual as this.

One of the Main difference is that every other cryptocurrency is based on the absolute consensus of all the participants with regard to the legitimacy of the transactions and balances.

2017 was the year of the cryptocurrencies, they went big. At the start of 2017, the market cap of all the cryptos combines stood at already amazing mount of $18 billion.  But if we move 12 months forward this amount had surged by over 250,000% to surpass a market capitalization of $520 billion. The most famous Crypto currency Bitcoin took care of around 50% of this growth after that ethereum and Litecoin and then the rest follows  Bitcoin.

This went of course with a huge amount of noise, with banks and governments screaming and threatening as they lost some control on their financial situation.

At the same time this growth has attracted many institutional and individual traders and investors.

To just name one of the most famous ones, JP Morgan & Chase bank announced in late 2017 that it would start accepting Bitcoin. Cryptocurrencies had reached a growth stage where traders are actively looking for the best cryptocurrency brokers who will help them make a profit just like it is the case in Forex, Indices, Commodities and stocks trading.

So Why trade Cryptocurrency?

there are a few reasons for this ,

if we look at why trade Cryptocurrency as to why not only forex  ? there are a few key differences and these have less to do with the actual trading and more with the conditions of trading

Location:

You can trade cryptocurrency from anywhere on this planet and a . A person in France can trade their crypto coins with a person that sits in Chile or Antarctica. Since the price & rates of the cryptocurrency are not related to the country someone is sitting in everyone is able to trade it. The local economy is not related.

Volatility:

It is very volatile. The price moves sometimes faster than on regular forex ad when it moves it is able to move much more then in regular forex. This make sense as in forex the price is related to an economy and for a currency to double or collapse some enormous dramatic events have to be taken place.

Trading Hours:

It can be traded 24/7. Trading cryptocurrency wholly depends on an individual trader and not on time. This is what sets it apart from for example the stocks that one are able to be traded during normal business hours of the stock exchange.

There are of course many more reasons, but these are the operational reasons that set the cryptocurrencies apart from the forex and other financial instruments that you are able to trade online.

The market also has shifted that today online you are able to find broker that the only thing they offer for trading are cryptocurrencies. I am not talking about forex brokers offering now Bitcoin , but  Cryptocurrencies Broker that offer numerous Crypto's for Trading  and thus you as a trader are able to trade so many different pairs and crypto's that everyday at any hours you will be able to find a trading opportunity.

here are 2 of the Best Crypto-currency Broker for your convenience

 

XCoinBroker (xcoinbroker.com)

Why trade Cryptocurrency with xcoinbroker cryptocurrency Trading

is a new cryptocurrency friendly CFD investment brokerage that operates under the supervision of Zed Consult Ltd and was introduced to the online marketplace on November 7th, 2017.the offer trading in Numerous cryptocurrencies and you are able to also fund your account in crypto.

 

Weber finance (https://weberfinance.com)

Why trade Cryptocurrency with Weber Finance  a cryptocurrency Broker in the truest form. they offer several cryptocurrencies trading on a dedicated Trading Platform.

 

 

 

 

Why trade Cryptocurrency |  and should you start trading too ?

Last words :

for beginners there is the simply logic of learn before you trade, trading brings the risk of losing your investment. so never put more then %5 of your portfolio on one trade and read and learn , many brokers have demo accounts 

More resources:

Statements and Thoughts about Cryptocurrencies

Statements and Thoughts about Cryptocurrencies

Cryptocurrencies are in a bubble and regulators could burst this at a whim.

  • Eight years after the introduction of Bitcoin, there are now over 900 cryptocurrencies and their prices are at all-time highs.
  • Richard Schiller categorizes bubbles as an underlying story driving the market forward, as opposed to the fundamentals of the assets. Cryptocurrencies are riding on a narrative of economic empowerment and freedom.
  • Despite the widespread attention that cryptocurrency receive, many of the actors involved in the market are not fully informed. Debate tends to turn to hype and naive investors are buying crypto-assets without fully understanding what they are.
  • Banks spend 73% of the market capitalization of Bitcoin each year on regulatory compliance. Crypto-assets are currently unregulated and free of these restrictions. As such, the market has thrived but also developed some bad habits.
  • Regulators cannot necessarily shut down cryptocurrencies, but they can restrict liquidity into them from fiat currencies and hamper their growth. The global derivatives market, for example, is worth $1.2 quadrillion, dwarfing Bitcoin’s $100 billion market cap.

Statements and Thoughts about Cryptocurrencies

Market manipulations in crypto markets are undermining their credibility.

  • Due to low liquidity, no regulation, and a lack of clear understanding of the markets, pump and dumps are widespread in crypto markets. This is where a speculator can artificially sell while concurrently buying their own currency, wait for the market to rise, and then dump their holdings.
  • Frontrunning is also a common occurrence in ICOs, where early investors—who are used to show initial faith in the enterprise—buy discounted tokens before immediately selling them on. 

As with historic bubbles, scams are exploiting naive investors.

ICOs can have the characteristics of vaporware. Entrepreneurs are raising hundred of millions of dollars purely on concepts. Money is being raised from investors who do not truly understand the technical concepts being proposed to them, let alone whether they are feasible.

  • The actual asset structures of ICOs are not only complex but also new forms of assets in their own right. This further confuses investors, which is compounded by the "FOMO" mentality of rushing into investments and following the crowd.
  • The use of celebrities to promote ICOs further demonstrates the use of manipulative marketing techniques used to cajole immature investors into participating in ICOs.
  • The current ICO craze is reminiscent of the South Sea Bubble of the 18th century, a speculatory period that involved crazed investment into enterprises in the New World. Once one of the highest valued companies of all time, the South Sea Company’s bubble burst and the company disappeared almost as quickly as it appeared.

Blockchains are still not proven technology, and more work is required.

  • Blockchains are still new concepts and their technology has not yet been proven on a consumer-wide scale. Attention should be focused on developing this, not speculating on short-termist projects.
  • The security of blockchains is a concept that most investors in crypto-assets do not understand. The onus is on them to protect their assets, which, on the basis of the amount of thefts and frauds in the space, is not being done properly.

There are some solutions to these issues.

  • A less polarized mentality of "us against the world" is needed; this could be enforced by the promotion of self-regulatory standards. These could also help to highlight the bad actors in the ecosystem.
  • More development is required into the underlying technology of blockchains. In the long run, this would be far more valuable than ICO moon-shot projects.
  • Awareness and discussion needs to be promoted. Conferences should present balanced debates from both sides of the crypto-view and more emphasis should be placed on educating investors instead of soliciting their investments.

Originally Published here at https://www.toptal.com

written by

Copy Fund Dash and Other cryptocurrencies for the New way of Investing.