Tuesday, 19 September 2017

Top 10 Cryptocurrencies To Invest In 2017 and 2018


Digital coins are revolutionizing the way we trade today. Since Satoshi Nakamoto unveiled his cryptocurrency in 2008, we have witnessed the creation of different companies that have created digital coins. Using its public accounts book, dozens of promising digital coins have emerged. However, only a select group of these have proven to be worthy contenders for bitcoin.

The digital coins, bitcoin and altcoins that have been created, have brought a new panorama to the global economy. They allow us to carry out one-to-one transactions, without the need for third parties conditioning. Bitcoin introduced the blockchain, but other developers have already proposed and applied improvements on the Nakamoto concept. Some currencies have focused on instant transactions, such as Ripple and Litecoin. Others have done the same for privacy. Even currencies like Zcash have even managed to have private and untraceable transactions. Each altcoin has its strengths and weaknesses. Probably the future brings us more features or better currencies, but for now, these coins are among the top 10 of the digital coins. Things could change just by tossing a coin.

As of today, the following list is top 10 altcoins in CoinMarketCap.

Ethereum


J.P Morgan Chase, Microsoft and Intel partnered to create the biggest rival in circulation for bitcoin today: Ethereum. The main purpose of this initiative was to schedule binding agreements within the network of block chains as such. This became the popular feature of smart contracts.

It should be noted that Ethereum is not just a coin. It is a platform of block chains which is driven by the Ether cryptocurrency. The New York Times described the technology as "a shared computer which is managed by the network of users and in which resources are distributed and paid for with Ether."

Ripple


Ripple attracted a lot of venture capital during its creation. The Google-backed altcoin company managed to collect beyond USD 50 million of banking institutions, even raising USD 90 million in total. Ripple is unique because it allows you to process any unit with value, from conventional currencies to travel miles.

"Ripple provides solutions for payment settlements and financial services globally to enable the world to trade and redeem value units as if it were exchanging information, which creates an Internet of Value (IoV). Ripple's solutions lower the total costs of terminating deals by allowing banks to directly and instantly process any deal, "says the company's mission on its official website.

Although at first, it was only a medium contender, recently it has gained much presence in the market of the cryptocurrencies. In fact, Ripple experienced a 100% increase in price from overnight to late March.

Litecoin


Charles Lee, a former engineer at Google, created this altcoin as a way to create something better than Bitcoin. In particular, the speed to generate new blocks was dramatically improved. Transactions are much easier. By its very quality, this speed makes Litecoin's blockchain larger and more prone to produce orphaned blocks.

Dash


Dash, whose name is a combination of the words "digital" and "cash", is the cash of the internet. Dash is fast. Your transactions are instantaneous. "Your time is valuable. Payments made with InstantSend are confirmed in less than a second, "says Dash. By comparison, bitcoin payments can take up to an hour to process.

Mineral with GPU / CPU is no longer profitable. To be able to mine it, you need specific hardware, computers known as ASIC to complete Dash algorithms.

NEM


NEM is written in Java; developed from a code separate and completely different from that of Bitcoin. It also has other differences in how it works compared to bitcoin. With NEM, "harvesting" is not mined. In principle, it is the same as mining in bitcoin, only that instead of benefiting a person from a block, they benefit several, albeit in smaller quantities.

NEM introduced the "proof-of-importance" algorithm to the account book. Which places the money information and the number of transactions performed by a user.

NEM has had sustained and rapid growth in value since the beginning of 2017.

Ethereum Classic


A parallel platform of Ethereum, which contains a significant number of users and a market capitalization of over USD 600 million.

Why are there two versions of the same platform?

The Ethereum community was divided by disagreement over how a technically legal theft should be handled. Most users wanted to change the code to get the funds back. A minority believed that the Ethereum code should not be altered by third parties. Even in cases where users misused the feature of intelligent contracts to deceive others, the chain of blocks had to remain "immutable." For this reason, this minority created the "classical" version of Ethereum, which is still standing today in day.

Monero


Monero is aimed at those who wish to have more anonymity in networks. The Cryptocurrency allows you to "send and receive funds without your transactions being visible in the blockchain." Transactions are impossible to track due to the ring signatures characteristics of Monero. Unfortunately, because of this, Monero is widely used in darknets and criminal organizations.

Zcash


Just like Monero, Zcash offers more privacy to its users. However, unlike Monero, transactions in Zcash are not completely private but protected. Which means that the details of the transaction, such as the users and the amount exchanged, are hidden. Zcash accomplishes this by using a concept called "zero-knowledge" that allows the parties to trade and exchange their funds without revealing the identity of each other.

Decred


Decred's main objective is "community input, transparent management and financing and sustainable development." The coin combines proof-of-work and proof-of-stake mining algorithms to ensure that a minority of users do not take majority ownership of the funds and that decisions are made by community agreements rather than by a small group of developers or investors.

PIVX


PIVX stands for "Private Instant Verified Transactions". Another open-source and decentralized blockchain currency. Like Zcash and Monero, PIVX boasts more security and privacy.

"We believe that you have the right to trade privately and securely, without interference and pressure from the governmental influences, spies and individuals or wicked movements," says PIVX.

PIVX is very volatile, the past month of March experienced great peaks in a volume of commerce and in its quotation. As well as money, its emphasis on privacy makes it very valuable for criminal organizations.



Monday, 18 September 2017

Best Bitcoin or Cryptocurrency Exchanges To Buy and Sell coins


Bitcoin is a digital currency that allows payments and transfers of securities through the Internet without the use of any kind of intermediary. Bitcoin is a digital currency where issuing and verifying transactions are executed without the intervention of a central bank or clearinghouse.

Regularly when the subject of Bitcoin arises in any conversation, within five minutes of explanation the mandatory question is:

"Ok, and how can I buy bitcoins?"

To get bitcoins there are three ways:

a) Bitcoins mines – You need to mine them to collect bitcoins
b) Purchasing bitcoins through online exchanges
c) Purchases directly from person-to-person in exchange for cash (Localbicoins)

There are numerous trading platforms with bitcoin, many of them besides being able to operate with bitcoin they also allow to operate with several other cryptocurrencies like litecoin, ETH, NEM, ....

Trading platforms with European bitcoin


Trading with bitcoin in Bitstamp


Bitstamp is without a doubt the leading trading platform in Europe in terms of trading volume. With an average daily volume of around 15'000 bitcoins, Bitstamp is backed by investment firm Pantera Capital, which gives traders the peace of mind of being able to operate with a well-established and capitalized company. It strictly complies with the AML / KYC legislation, so traders have to declare their entity and no one can operate anonymously. It should be mentioned that he suffered a hacking in early January 2015 with the consequent theft of about 19,000 bitcoins. The company said that none of its customers were affected by this theft, the company assumed all the losses. Following this hack and in order to improve the security of the platform, Bitstamp implemented a multi-signature system to prevent a single person from seizing the bitcoins, such a system requires the explicit acceptance of the user when removing the bitcoins. In terms of functionality, Bitstamp is a bit short on its competitors. It offers very few types of orders, the only thing we can highlight are the limit orders. Like all other trading platforms with bitcoin, Bitstamp has an API, allowing you to write programs to interact remotely with the platform.

At European level, it is also worth mentioning the following trading platforms:

CEX.io is widely used by trading bots via its API.
Kraken that allows trading with several currency pairs (BTC / EUR, BTC / USD, BTC / GBP and BTC / JPY).
Coinfloor if you live in the UK and want to trade primarily with Sterling Pounds.

Asian trading platforms with bitcoin


Trading with bitcoin in Bitfinex - You can consider Bitfinex as the trading platform with bitcoin par excellence. This platform was founded in 2013 and operates from Hong Kong. Bitfinex traders are the leaders of the bitcoin BTC / USD price with respect to the other platforms, they are the trendsetters of the price evolution with respect to the Dollar. It has an average daily trading volume that exceeds 50'000 bitcoins and offers the most liquidity with a minimum bid / ask spread. In addition to the bid and ask orders, we can operate with limit orders, stop, trailing stop and fill or kill orders. Bitfinex was also one of the first platforms to introduce features such as margin trading (short / long) and swaps. Like all rival platforms it offers an API that allows us to remotely implement trading algorithms, bots, etc ...

Three platforms that fight to conquer the Chinese market of bitcoin trading. We talk about OKCoin, BTCChina and Huobi. OKCoin is the one that usually brings more volume of the three – But currently china regulators asked all these exchanges to stop operations by sept 30th 2017.

American bitcoin trading platforms


Trading with bitcoin in Coinbase- Coinbase was made known with its payment processor in bitcoin, and recently also offers a trading service with bitcoin. Coinbase is one of the most recognized and leading companies within the Bitcoin world. It received investments of more than 75 million dollars. Although its payment processor is available in many countries, its exchange is currently reserved for residents of the United States. Coinbase takes great care of the legislation and has received the necessary licenses from the US monetary authorities to operate as a trading platform.

Bittrex is one of the largest exchange in which you can buy and sell Crypto Coins and digital assets quickly, has a large number of users and is regulated with possession of BitLicense, a business license for encrypted activities issued by the State Department of New York. This regulation defines the business activity of companies and entered into force in August 2015. Another of the companies that obtained approval for this license is Coinbase, many others were denied.

Trading with bitcoin at Gemini- Gemini is emerging as a serious competitor to Coinbase for the US market. It was created by the famous Winklevoss brothers. It is not yet open to the public, it is addressed to both private US residents. as well as institutional clients. Gemini pays close attention to complying with current US legislation. It promises to be a hard opponent against Coinbase in the battle of platforms of trading with bitcoin to dominate the American market.

If you live in Mexico and would like to trade with Bitcoin and Mexican Pesos, there are two trading platforms in this country that are meXBT and Bitso.



Wednesday, 13 September 2017

Cryptocurrency Markets Are in Panic - US, China and many countries declare war on Cryptocurrencies



After prices of the most widely distributed virtual currencies hit their all-time highs, a decision by the Asian giant's authorities plunged its prices. Some fell to 40%.

What is the main fear of central banks?

Uncertainty seized global investors who bet on the so-called "virtual currencies."

And not for less, since in many of them suffered a real collapse after the Central Bank of China hit a hard blow.

Specifically, he made it known that the initial currency offerings (ICO) are illegal and even demanded that all fund-raising activities be halted immediately.

Thus, the entity launched the strongest regulatory challenge in the booming virtual currencies market and erased one of the most active markets developed by companies in that country to obtain financing.

How were companies made of money?

In the Initial Coin Offerings (ICO), the company offers tokens and its investors pay with digital currencies such as Bitcoin or Ether.

What is a token? It is a value unit created by an organization to govern its business model and empower customers to interact with their products.

In addition, it facilitates the distribution and distribution of benefits among its shareholders.

This process has marked differences with a traditional financing round. Also, with a Public Sale Operation (OPV).

The measure taken by the Central Bank of China did not go unnoticed among investors in the world. Still less, among those who follow closely the evolution of the cryptocurrencies.

It punishes one of the most avid markets for this type of asset and exposes the fear of this entity (and other central banks) to the risks that bring virtual currencies to the global financial system.

"Digital tokens cannot be used as currency in the market," said the authorities in China.

For the time being, the growth of the Initial Coin Offerings promoted by several companies to be financed has been exponential. In just one month (July 2017) 43 ICO were accounted for only in that country.

That is not all, the Chinese government is now investigating some 60 Crypt-Coin exchange markets and also two of the big platforms to buy tokens, which have suspended their services.

Although the measure is directed at new issues, it caused a fear in the crypto world.

Some of the cryptocurrencies lost its value like

- The Neo collapsed by 50%
- IOTA lost its value by 40%
- The Ether sank almost 20%
- Litecoin, 18%
- BitcoinCash was precipitated by 17%
- Bitcoin plunged 20%, after touching the $ 5,000 per unit.

The collapse in the price of the largest online currency by market capitalization caused a loss close to $ 30 billion if the accumulated of all digital assets is taken.

The latter decided that to go to the market in the form of an ICO, interested parties should request prior authorization and comply with the same requirements as those required for a share issue or corporate bonds of any company.

Another issue that gives markets a share of suspense (and fear) is "retroactivity".

Following the decision was taken by the People's Bank of China, individuals and organizations that raised funds through the ICOs should take steps to return the funds.

This requirement was clearly reflected in the statement issued by the Asian entity jointly with securities regulators, banks and other government departments.

"Regulators worldwide are struggling and trying to figure out what the risks are and how to reduce them,"

Saturday, 9 September 2017

Monaco Token Price Sky Rocketed After The Fake News About VISA Partnering


As we all know that Monaco sky rocketed after the fake news about VISA partnering and app release. No wonder Chinees government banned all ICO this week. 


People who ever brought this token during ICO sales made a very good profit but people who bought during its peak price over $20 already under a huge loss. Prices already corrected around 60% from its highest price. 


These kinds of fake news and some whales are fully manipulating cryptocurrency markets. I want to clear things up with Monaco. I will be honest and brave enough to say that we got cheated by Monaco team. It turned out that MCO has NO partnership with VISA whatsoever yet. Due to the fact that MCO rocket was fueling by rumours and led by weak hands - massive dump occurred. FUD (fear-uncertainty-doubt) came to market and took it down.


However, I suggest you not to sell at loss and just be patient. This is a perfect example how immature and wild crypto market is. How some fake news and couple of whales can manipulate the price in a matter of hours. To our turn, that is good news since we are able to make a good profit in a  month just because of that. 


Always remember that don't invest more than 10% of your total balance on any single coin. Experts always say that don't put all your eggs in one basket. That is called diversification. With proper diversification, you save money in these kinds of fake news losses.


Because of this fake news and app releasing this token price has went up almost 2600% from the token release to the markets. That's many people say that if you invest on correct ICO then you can become rich within a short time but if failed to judge the correct ICO then you can also become poor within no time. So never invest all your money in any single investment even though you're very sure about the product. 

Friday, 8 September 2017

Bitcoin Prices Crushed Or Dips Again Due To China Ban Rumors On Cryptocurrency


China is now and then giving a hard time to all cryptocurrency investors so many times. We have already seen that in 2017 and even back to 2013. You just need to understand that no one can ban Bitcoin. That is virtually impossible since cryptocurrency is Decentralised meaning there is no centre you can shut down.

As of now little or no evidence that China bans crypto currency. It's more likely that whales are dumping in order to buy back cheaper. And do you know why they succeeding on this? Because of some weak hands or new investors who can sell in a panic.

When this news came out saying China banned bitcoins it was a night in China and Government officials may be sleeping or out of the office. No one banned the Bitcoin. That is all rumours to make you panic.

Do not do sell Bitcoin now in a panic instead now it is already weekend so just go and enjoy your weekend come back to see some recovery in the Bitcoin prices.

Now it is time to enjoy not to worry much because you got a chance to buy coins at a lower price compared to yesterday prices. Remember that real money is made when people are selling in a panic and now is the right time to buy and hold.

Bitcoin has a story ahead and all these are small down turns and don't get panic for these small things and lose a chance to make huge profits in the future.

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Tuesday, 5 September 2017

XAPO Debit Card Will Stop Working On Oct 15th - Cryptocurrency Online Wallet


You all guys should be knowing that XAPO online wallet once was very popular to receive and send bitcoins at free of charge. So this wallet was quite popular to receive faucet earning instantly from all faucet sites. But recently they have stopped that facility due to high Bitcoin transactions fees. Now they charge slightly higher transaction fee compared to other online wallets like blockchain online wallet.

Another best feature they were providing until now was their debit card. This debit card you can use to buy online some items and also you can use it to withdraw cash from ATM's. They usually charge some fee for each and every transaction you do with these cards. But it was very convenient if someone wants to withdraw cash instantly. 

In order to buy or withdraw cash one must first send bitcoins to your XAPO wallet then only you can do these transactions.

But just received an email from XAPO. Wave Crest Holdings Limited, will no longer maintain or issue Visa® Cards to cardholders outside of the European territory.

If you stay outside of the Wavecrest European territory your card will still function until 15 October 2017 11:59 PM GMT. After that, your card will not function but your account will be still active and you can able to use Xapo products and services except using your debit card functions.

Your current debit card still functions normally until October 15th so you can still do a normal transaction of withdrawing funds or other transactions as usual.

If you have any debit card charges which came in after 15 October 2017, those charges will be charged to your wallet accordingly.

If you are a resident of a European territory then you can continue using this card without any issues but you need to prove that you belong to European Territory. For that you need to login into your XAPO account and submit the required proof otherwise you will lose your debit card facilities after 15th of October.

I was using this card for more than two years without any issue but now need to find another good Bitcoin debit cards to withdraw cash.

Welcome your comments and suggestions to improve this blog posts.......