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The stages of a market mania

What is a mania? It is defined as a mental illness characterized by great arousal, euphoria, delirium, and hyperactivity. When investing, this translates into investment decisions motivated by fear and greed without tempering them with analysis, reason, or balance of risk and reward results. The craze usually runs parallel to the business development of the product, but the timing can sometimes run the other way around.
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The technological boom of the late 1990s and the current cryptocurrency boom are two examples of how a real-time craze works. These two events will be highlighted with each stage of this article.

The stage of the idea

The first stage of a craze begins with a great idea. A lot of people still don’t know the idea, but the benefit potential is huge. This usually translates into unlimited benefit, as “something like this had never been done before.” The Internet was one such case. People who used the paper systems of the time were skeptical as to “how can the Internet replace such a familiar and ingrained system?” The backbone of the idea is beginning to build. This translates into the modems, servers, software, and websites needed to get the idea to something tangible. Investments in the idea stage start poorly and are made by people “in knowledge”. In the case, they can be the visionaries and the people working on the project.

In the world of cryptocurrencies, the same question arises: how can a piece of cryptographic code replace our monetary system, contract system, and payment systems?

The possibilities

The first websites were rude, limited, slow and annoying. Skeptics would observe the words “information highway” that visionaries were spitting out and saying “how can it really be so useful?” The element forgotten here is that ideas start at worst and then evolve into something better. Sometimes this goes for better technology, more scale and cheaper costs, better applications for the product in question or more familiarity with the product combined with great marketing. In terms of investment, early adopters are getting into it, but there is still no euphoria or astronomical returns. In some cases, investments have yielded decent returns, but not enough to incite the masses to enter. This is similar to the slow internet connections of the 1990s, the failure of websites or the wrong information in search engines. In the world of cryptocurrencies, it is witnessing high mining costs for currencies, slow transaction times and piracy or account theft.
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Acceleration

The news is starting to come out that this Internet and “.com” are the most interesting news. Products and tangibility are being built, but due to the massive scale involved, the cost and time invested would be massive before everyone uses it. The investor aspect of the equation is beginning to advance business development as markets discount a company’s potential with the price of investment. The euphoria begins to materialize, but only among the first adopters. This is happening in the world of cryptocurrencies with the explosion of new “altcoins” and the big media press that space is getting.

The euphoria

This stage is dominated by the parabolic yields and potential that the Internet offers. Not much thought is given to implementation or problems, as “the returns are huge and I don’t want to miss it.” The words “irrational exuberance” and “mania” are starting to become commonplace as people buy because of greed. Negative risks and negativity and largely ignored. Symptoms of mania include: Any company that has.com in its name is hot, the analysis is thrown out the window in favor of optics, the knowledge of the investment becomes less and less evident among the new entrants, the expectations of returns of 10 or 100 packers are common and few people really know how the product works or not. This has occurred in the world of cryptocurrencies with stellar returns in late 2017 and incidents of the company’s shares appearing hundreds of percentage points by using “blockchain” in its name. There are also “reverse takeover bids” in which shell companies that are listed on a stock exchange but are inactive change their name to something involving blockchain and the shares are suddenly actively traded.

The Crash and Burn

The business landscape of the new product is changing, but not as fast as the investment landscape is changing. Finally, a change of mentality appears and a great defeat begins. Volatility is massive and many “weak hands” are wiped out of the market. Suddenly, the analysis is re-used to justify that these companies have no value or are “overvalued”. Fear spreads and prices accelerate downward. Companies that have no income and that survive on advertising and future prospects are exploited. Incidents of fraud and increasing scams to take advantage of greed are exposed, causing more fear and selling stocks. Companies that have the money quietly invest in the new product, but the pace of progress slows because the new product is “an ugly word” unless the profits are convincingly demonstrated. This is starting to happen in the world of cryptocurrencies with the folding of lending systems through cryptocurrencies and major incidents of currency theft. Some of the marginal currencies are falling in value due to their speculative nature.

The survivors

At this stage, the investment landscape is charred with stories of losses and bad experiences. Meanwhile, the big idea goes into tangibility and for the companies that use it is a boom. It begins to be implemented in day-to-day activities. The product is starting to become the standard and visionaries are quoted as saying that the “information highway” is real. The average user notices an improvement in the product and mass adoption begins. Companies that had a real profit strategy are successful during the burning stage, but if they have money to survive, they get to the next wave. This has not happened so far in the world of cryptocurrencies. Expected survivors are those who have a tangible business case and corporate support, but it remains to be seen what companies and currencies will be.

The next wave: the business puts up the hype

At this stage, the new product is the standard and the benefits are increasingly evident. The business case is now based on profits and scale rather than idea. A second wave of investment appears that begins with these survivors and extends to another initial craze. The next stage was characterized by social media companies, search engines and online shopping, which are derived from the original product: Internet.

The conclusion

Manias work similarly over time. Once the stages and thought process of each are recognized, it becomes easier to understand what is going on and the investment decisions are clearer.

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Crypto TREND – Second edition

In the first edition of CRYPTO TREND we introduced Crypto Currency (CC) and answered several questions about this new market space. There is a lot of NEWS in this market every day. Below are some highlights that give us a look at the new and exciting space in this market:
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The largest futures exchange in the world to create a futures contract for Bitcoin
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Terry Duffy, president of the Chicago Mercantile Exchange (CME), said, “I think at some point in the second week of December you’ll see our [bitcoin futures] contract for the list. Bitcoin cannot be shortened today, so there is only one way. Either buy it or sell it to someone else. So create a bilateral market, I think it’s always a lot more efficient. ”
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CME intends to launch Bitcoin futures later this year pending a regulatory review. If successful, this will provide investors with a viable way to go “long” or “short” to Bitcoin. Some exchange traded fund sellers have also requested bitcoin ETFs that track bitcoin futures.
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These developments have the potential to allow people to invest in the cryptocurrency space without owning CC, or using the services of a CC exchange. Bitcoin futures can make digital assets more useful by allowing users and intermediaries to hedge their exchange rate risks. This could increase the adoption of cryptocurrency by traders who want to accept payments with bitcoins, but distrust its volatile value. Institutional investors are also accustomed to trading regulated futures, which are not affected by money laundering concerns.
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The CME move also suggests that bitcoin has become too big to ignore, as the exchange seemed to rule out cryptocurrency futures in the recent past. Bitcoin is pretty much everything anyone talks about in brokers and trading companies, which have suffered amid growing but unusually placid markets. If futures on one stock market soared, it would be nearly impossible for any other stock market, such as CME, to catch up, as scale and liquidity are important in derivatives markets.
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“You can’t ignore the fact that this is increasingly becoming a story that won’t go away,” Duffy said in an interview with CNBC. There are “major companies” that want access to Bitcoin and there is a “huge accumulated demand” from customers, he said. Duffy also believes that incorporating institutional traders into the market could make bitcoin less volatile.
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A Japanese people will use the cryptocurrency to raise capital for municipal revitalization

The Japanese people of Nishiawakura are investigating the idea of ​​holding an Initial Coin Offering (ICO) to raise capital for municipal revitalization. This is a very new approach and they can ask for help from the national government or seek private investment. Several ICOs have had serious problems and many investors are skeptical about the fact that any new testimony has value, especially if the ICO turns out to be one more joke or scam. Bitcoin was certainly no joke.
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INITIAL CURRENCY OFFER – (ICO)

We didn’t mention ICO in the first edition of Crypto Trend, so let’s mention it now. Unlike an initial public offering (IPO), in which a company has an actual product or service for sale and wants you to buy shares in their company, any ICO can have an ICO that wants to start a new Blockchain project with the intent of a new witness in his chain. ICOs are unregulated and several have been a total disgrace. A legitimate ICO, however, can raise a lot of money to fund a new project and Blockchain network.
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It is typical for an ICO to generate a high token price near the beginning and then return to reality. Because an ICO is relatively easy to maintain if you know the technology and have a little money, there have been many and today we have about 800 tokens at stake. All of these tokens have a name, they are all cryptocurrencies, and except for the well-known tokens, such as Bitcoin, Ethereum, and Litecoin, they are called high currencies. At this time, Crypto Trend does not recommend participating in an ICO, as the risks are extremely high.

As we said in No. 1, this market is the “wild west” right now and we recommend caution. Some investors and early adopters have made huge profits in this market space; however, there are many who have lost a lot, or all. Governments are considering the regulations as they want to know all the transactions to tax them all. They all have huge debt and are charged cash.

To date, the cryptocurrency market has avoided many problems and financial pitfalls from government and conventional banks, and Blockchain technology has the potential to solve many more problems.

A great feature of Bitcoin is that the creators chose a finite number of coins that can never be generated (21 million), thus ensuring that this cryptocurrency can never be inflated. Governments can print as much money (fiat currency) as they want and inflate their currency to death.

Future articles will delve into specific recommendations, but make no mistake, as early investment in this sector will be only for your most speculative capital, money you can afford to lose.

CRYPTO TREND will be your guide if and when you are willing to invest in this market space.

Stay tuned!

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How to exchange cryptocurrencies: the basics for investing in digital currencies

Whether it is the very idea of ​​cryptocurrencies or the diversification of their portfolio, people from all walks of life invest in digital currencies. If you don’t know the concept and are wondering what’s going on, here are some basics and considerations for investing in cryptocurrencies.

What cryptocurrencies are available and how do I buy them?

With a market cap of about $ 278 billion, Bitcoin is the most established cryptocurrency. Ethereum is the second with a market capitalization in excess of $ 74 billion. In addition to these two currencies, there are also several other options, such as Ripple ($ 28 million), Litecoin ($ 17 million) and MIOTA ($ 13 million).

Being the first to trade, there are many exchanges for Bitcoin trading around the world. BitStamp and Coinbase are two well-known exchanges based in the United States. Bitcoin.de is a consolidated European stock exchange. If you are interested in trading other digital currencies along with Bitcoin, an encryption market is where you will find all digital currencies in one place. Here is a list of exchanges according to their 24-hour trading volume.

What options do I have for storing my money?

Another important consideration is the storage of coins. One option, of course, is to store it on the exchange where you buy them. However, you should be careful when selecting your exchange. The popularity of digital currencies has given rise to many new unknown exchanges appearing everywhere. Take the time to do your due diligence so you can avoid scammers.

Another option you have with cryptocurrencies is that you can store them yourself. One of the safest options for storing your investment is hardware portfolios. Companies like Ledger also allow you to store bitcoins and various other digital currencies.

How is the market and how can I get more information?

The cryptocurrency market fluctuates a lot. The volatile nature of the market makes it more suitable for a long-term game.

There are many established news sites that report on digital currencies, including Coindesk, Business Insider, Coin Telegraph, and Cryptocoin News. In addition to these sites, there are also many Twitter accounts that tweet about digital currencies, including @BitcoinRTs and @AltCoinCalendar.

Digital currencies seek to alter the traditional market for foreign exchange and commodities. While these currencies still have a long way to go, the success of Bitcoins and Ethereum has shown that there is a genuine interest in the concept. Understanding the basics of investing in cryptocurrencies will help you go in the right direction.

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Cryptocurrency: stay informed

Cryptocurrencies seem to be the most popular investment products. Listen to any conversation from your friend, it’s bitcoins. All workplace chat also deals with virtual currencies. Nowadays, the buzzword about online chat rooms also deals with cryptocurrencies. There is a silent economic revolution, thanks to the growing popularity of these virtual currencies.

Needless to say, if you want to make it big in the bitcoin world, you have to have your nose for the news. Now that you’ve narrowed down your list to a few cryptocurrencies, you’ll need to analyze and decide which ones have the potential to trade higher and faster than the rest. This is why you need to keep track of the news. Find out about blockchain trends from multiple sources. Currently, several business channels devote exclusive time to these trends.

Another potential source of information may be others engaged in virtual currency trading. Get to know some of them who are very good at trading and choose your brain for valuable information. The internet is a great way to get in touch with these experts. You can find them through online forums. Keep in touch with them regularly. Similarly, you can also subscribe to websites that specialize in cryptocurrency trading. That way, you can make sure you don’t miss any important news.

Good sources of information on cryptocurrencies can be obtained from different organizations. They offer a lot of information about the blockchain ecosystem. The website of this organization offers extremely detailed information about digital currencies.

Keep your coins safe

Security is another thing that is of crucial importance whenever it comes to cryptocurrencies. Because you will need to create and use multiple passwords for different accounts, it is recommended that you use a password manager. Make sure you are using a strong antivirus on your computer. A good firewall is also required to ensure the perfect security of your data and online transactions.

Another important thing to follow is to never reveal how much you traded in online cryptocurrencies. This is true both offline and online. You should also never make a mistake in clicking on links in any of the cryptographic groups. You could end up downloading a virus so easily to your computer. Most pages in these groups are known to contain viruses.

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What is Bitcoin and why is cryptocurrency so popular?

Bitcoin has been the buzzword in the financial space. In fact, Bitcoin has exploded into the scene in recent years and many people and many large companies are jumping on the Bitcoin or cryptocurrency that want a share of the action.

People are totally new to the cryptocurrency space constantly asking this question; “What is Bitcoin really?”

Well, for starters, bitcoin is actually a digital currency that is out of the control of any federal government, used around the world and can be used to buy things like your food, your drinks, real estate, cars and other things.

Why is Bitcoin so important?

Bitcoin is not susceptible to things like government control and fluctuations in foreign currencies. Bitcoin is backed by the full faith of (you) of the individual and is strictly equal to equal.

This means that anyone makes transactions with Bitcoin; the first thing they realize is that it is much cheaper to use than trying to send money from bank to bank or using any other service that requires sending and receiving money internationally.

For example, if you wanted to send money to say let’s go to China or Japan, you would have to have a commission from a bank and you would have to spend hours or even days for that money to arrive.

If I use Bitcoin, I can easily do so from my wallet, mobile phone, or computer instantly without any of these charges. If I wanted to send, for example, gold and silver, it would require a lot of guards, it would take a lot of time and a lot of money to move the ingots from one point to another. Bitcoin can do it again with one finger.

Why do people want to use Bitcoin?

The main reason is that Bitcoin is the answer to these destabilized governments and situations where money is no longer as valuable as it used to be. The money we have now; the paper fiat currency in our portfolios is worth nothing and in a year it will be worth even less.

We’ve even seen big companies show interest in blockchain technology. A few weeks ago, a survey was conducted of a handful of Amazon customers whether or not they would be interested in using a cryptocurrency if Amazon creates one. The results of this showed that many were very interested. Starbucks even hinted at the use of a blockchain mobile app. Walmart has even applied for a patent on a “smart package” that will use blockchain technology to track and authenticate packages.

Throughout our lives we have seen many changes in the way we shop, the way we watch movies, the way we listen to music, read books, buy cars, look for houses, now how we spend money and banking. . The cryptocurrency is here to stay. If you haven’t already, it’s time for someone to fully study cryptocurrency and learn how to make the most of this trend that will continue to thrive over time.

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6 Tips to Help You Improve Your Investment Strategy When Trading BTC

If you want to invest in Bitcoin, be sure to consider many factors. This decision should be based on sound technical evaluation and thorough analysis. You don’t want to risk your very earned money. Instead, the goal of all investors is to get the most out of their investment dollars. Here are some tips that can help you improve your investment strategy. Read on for more information.

1: Know the basics

The first step is to make sure you can get a return on your investment, which is only possible if you know the basics. Sometimes, if you don’t fully understand the basics, you may end up making the wrong decisions.

So the terms you need to know include the exchange of cryptocurrencies, private keys, public keys, wallets and digital currencies, to name a few. Knowing these basic terms is important to make better investment decisions.

2: Be consistent

It often takes us too long to make important decisions for many reasons. In fact, even experienced investors may end up making this mistake. It is important to understand that it is paramount to adjust your strategies to market conditions. The value of Bitcoin continues to change, which means you need to change your investment strategies from time to time.

3: Use technology

The concept of digital currency depends on technology, which means that you should be able to use technology for your investment decision. For example, you can try automated robots as they help in forex currency trading. Therefore, it is not necessary to intervene much.

These types of tools can help you save a lot of time and effort during the decision making process. So using them is a stroke of genius.

4: Consider exchange charges

When opting for a cryptocurrency change, make sure you are quite selective. In fact, different stock exchanges have different tariff rates, which can have a big impact on your ROI. This is important if you are involved in many small businesses, as each transaction is charged based on the rules and regulations of the stock exchange. Therefore, you need to make sure that you opt for the best change to reduce the commission.

5: Do not transmit in excess

At first, some investors tend to engage in excessive trading. They do several trades a day, which is a serious mistake. You may want to avoid this, as the results can be devastating. Therefore, you should take your time and make every negotiation decision after careful thought.

6: Think of alternatives

In some ways, your investment in BTC can be quite productive. You may want to opt for an alternative that can minimize the risk and maximize the benefits. Therefore, what you need to do is opt for an alternative that involves low risk and higher profitability.

In short, investing in BTC can be quite productive, especially if you follow a careful and measured approach. So make sure you learn the basics and compare different alternatives to make the best decision. I hope this helps.

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What is a cryptocurrency ICO?

ICO is the abbreviation for the initial supply of coins. When they launch a new cryptocurrency or cryptocurrency, developers offer investors a limited number of units in exchange for other major cryptocurrencies such as Bitcoin or Ethereum.

ICOs are amazing tools for rapidly pouring development funds to support new cryptocurrencies. The tokens offered during an ICO can be sold and exchanged on cryptocurrency exchanges, assuming there is sufficient demand.

Ethereum’s ICO is one of the most notable hits and the popularity of the initial coin offerings grows as we speak.

A brief history of ICOs

Ripple is probably the first cryptocurrency distributed through an ICO. In early 2013, Ripple Labs began developing the Ripple payment system and generated approximately 100 billion XRP tokens. These were sold through an ICO to fund the development of the Ripple platform.

Mastercoin is another cryptocurrency that has sold several million tokens for Bitcoin during an ICO, also in 2013. Mastercoin aimed to symbolize Bitcoin transactions and execute smart contracts by creating a new layer on top of the existing Bitcoin code .

Of course, there are other cryptocurrencies that have been successfully funded through ICOs. In 2016, Lisk raised approximately $ 5 million during its initial coin offering.

Still, Ethereum’s ICO that took place in 2014 is probably the highlight so far. During its ICO, the Ethereum Foundation sold ETH for 0.0005 Bitcoin each, raising nearly $ 20 million. With Ethereum harnessing the power of smart contracts, it paved the way for the next generation of initial coin offerings.

The ICO of Ethereum, a recipe for success

Ethereum’s smart contracting system has implemented the ERC20 protocol standard that sets the ground rules for creating other compatible tokens that can be transmitted to the Ethereum blockchain. This allowed others to create their own tokens, which meet the ERC20 standard which can be exchanged for ETH directly on the Ethereum network.

The DAO is a notable example of successfully using Ethereum smart contracts. The investment company raised $ 100 million in ETH and investors received DAO tokens in return that allowed them to participate in the governance of the platform. Unfortunately, the DAO failed after being hacked.

Ethereum’s ICO and its ERC20 protocol have described the latest generation of blockchain-based crowdfunding projects through Initial Currency Bids.

It also facilitated investment in other ERC20 tokens. Simply transfer ETH, paste the contract into your wallet, and the new tabs will appear in your account so you can use them as you wish.

Viously, obviously, not all cryptocurrencies have ERC20 tokens that live on the Ethereum network, but almost any new blockchain-based project can launch an initial coin offering.

The legal status of ICOs

When it comes to the legality of ICOs, there is a bit of jungle. In theory, tokens are sold as digital assets and not as financial assets. Most jurisdictions have not yet regulated ICOs, so assuming the founders have an experienced attorney on their team, the entire process should be paperless.

However, some jurisdictions have become aware of ICOs and are already working to regulate them in a manner similar to sales of stocks and securities.

In December 2017, the U.S. Securities and Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC was preparing to stop ICOs that they believe are misleading investors.

There are some cases where the testimony is only a useful testimony. This means that the owner can only use it to access a certain network or protocol, in which case it may not be defined as financial security. However, equity tokens that aim to appreciate their value are very close to the concept of security. The truth is that most tile purchases are made specifically for investment purposes.

Despite the efforts of regulators, ICOs still persist in a gray legal framework and until a clearer set of regulations is imposed, employers will try to benefit from the initial Currency Offers.

It should also be mentioned that once the regulations reach the final form, the cost and effort required to comply with them could make ICOs less attractive compared to conventional funding options.

Final words

For now, ICOs continue to be an amazing way to fund new cryptography-related projects and there have been many successful ones and many more to come.

Still, keep in mind that everyone launches ICOs today and many of these projects are scams or don’t have the solid foundation they need to thrive and make the investment worthwhile. For this reason, you will need to do a thorough research and research the equipment and background of any cryptography project you want to invest in. There are several websites that list ICOs, just do a Google search and you will find some options.

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In which cryptocurrencies is it good to invest?

This year, the value of Bitcoin has skyrocketed, even after an ounce of gold. There are also new cryptocurrencies on the market, which is even more surprising, bringing the value of cryptocurrencies to more than one hundred billion. On the other hand, the long-term cryptocurrency prospects are somewhat blurred. There are disputes over lack of progress among its core developers that make it less attractive as a long-term investment and as a payment system.

Bitcoin

Still the most popular, Bitcoin is the cryptocurrency that started it all. It is currently the largest market capitalization, with about $ 41 billion and has existed for the past 8 years. All over the world, Bitcoin has been widely used and so far there is no easy-to-exploit weakness in the method that works. Both as a payment system and as a stored value, Bitcoin allows users to receive and send bitcoins easily. The concept of blockchain is the basis on which Bitcoin is based. You need to understand the concept of blockchain to get an idea of ​​what cryptocurrencies are.

To simplify, blockchain is a database distribution that stores all network transactions as a piece of data called a “block.” Each user has blockchain copies, so when Alice sends 1 bitcoins to Mark, everyone on the network knows it.

Litecoin

An alternative to Bitcoin, Litecoin tries to solve many of the problems that hold Bitcoin back. It is not as robust as Ethereum, with its value derived mainly from the adoption of solid users. It’s worth noting that Charlie Lee, a former Googler, leads Litecoin. He also practices transparency with what he does with Litecoin and is quite active on Twitter.

Litecoin was Bitcoin’s second violin for quite some time, but things started to change in early 2017. First, Litecoin was adopted by Coinbase along with Ethereum and Bitcoin. Litecoin then solved the Bitcoin problem by adopting Segregated Witness technology. This gave him the ability to reduce transaction fees and do more. The deciding factor, however, was when Charlie Lee decided to focus solely on Litecoin and even left Coinbase, where he was the director of engineering, only for Litecoin. Because of this, the price of Litecoin has risen in the last two months, with the strongest factor being the fact that it could be a real alternative to Bitcoin.

Ethereum

Vitalik Buterin, superstar programmer, thought Ethereum, that it can do everything Bitcoin can do. However, its main purpose is to be a platform for building decentralized applications. Blockchains are the differences between the two. Basically, the Bitcoin blockchain records a type of contract, which determines whether funds have moved from one digital address to another. However, there is a significant expansion with Ethereum, as it has a more advanced language script and has a more complex and broader scope of applications.

Projects began to emerge on top of Ethereum when developers began to notice their best qualities. Through the sales of symbolic people, some have even reached millions of dollars and this is a trend continued even to this day. The fact that you can create wonderful things on the Ethereum platform makes it almost like the Internet. This caused a price increase, so if you buy Ethereum for $ 100 percent earlier this year, it wouldn’t be valued at nearly $ 3,000.

Currency

Monero aims to solve the problem of anonymous transactions. Even if this currency was perceived as a method of money laundering, Monero intends to change it. Basically, the difference between Monero and Bitcoin is that Bitcoin features a transparent blockchain with all public and registered transactions. With Bitcoin, everyone can see how and where the money moved. However, there is a somewhat imperfect anonymity to Bitcoin. In contrast, Monero has a more opaque than transparent transaction method. No one is sold with this method, but since some people love privacy for any purpose, Monero is here to stay.

Zcash

Unlike Monero, Zcash also aims to solve the problems that Bitcoin has. The difference is that instead of being fully transparent, Monero is only partially public in its blockchain style. Zcash also aims to solve the problem of anonymous transactions. After all, not everyone loves to show how much money they’ve actually spent on Star Wars memorabilia. So the bottom line is that this type of cryptocurrency really has an audience and a demand, although it’s hard to pinpoint which cryptocurrency that focuses on privacy will end up coming out on top of the stack.

Bancor

Also known as “smart token”, Bancor is the next-generation cryptocurrency standard that can hold more than one token in reserve. Basically, Bancor tries to facilitate the trade, management and creation of tokens by increasing their level of liquidity and letting them have an automated market price. For now, Bancor has a product on the front that includes a portfolio and the creation of a smart token. There are also features in the community such as statistics, profiles, and discussions. Simply put, Bancor’s protocol allows for the discovery of a built-in price, as well as a liquidity mechanism for smart contract tokens through an innovative booking mechanism. With a smart contract, you can instantly settle or buy any of Bancor’s booking tokens. With Bancor, you can easily create new cryptocurrencies. Now, who wouldn’t want that?

EOS

Another competitor of Ethereum, EOS promises to solve the problem of Ethereum scale by providing a more robust set of tools to run and create applications on the platform.

Tezos

An alternative to Ethereum, Tezos can be upgraded by consensus without too much effort. This new blockchain is decentralized in the sense that it is self-governing through the establishment of a true digital community. It facilitates the mathematical technique called formal verification and has features that increase the security of the financially heavier and more sensitive smart contract. Definitely a great investment in the coming months.

Verdict

It’s incredibly difficult to predict which Bitcoin on the list will become the next superstar. However, the adoption of users has always been a key success factor when it comes to cryptocurrencies. Both Ethereum and Bitcoin have this, and even though there is a lot of support from the first adopters of all the cryptocurrencies on the list, some have not yet demonstrated their staying power. However, they are the ones that need to be invested and monitored in the coming months.

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How can cryptocurrency predictions be found?

If you have invested in cryptocurrency, you will know that taking into account market conditions is of utmost importance. As an investor, you need to be aware of what is happening with the different currencies and what other traders are saying about the future.

Therefore, if you want to make the right investment decisions, it is best to consider cryptocurrency predictions. Fortunately, there are many sources on the web that allow you to research and search for predictions. This can help you stay ahead of others in the market. Be sure to stay away from fraudulent people and other systems that claim to enrich you overnight. Here are some credible sources of predictions that can help you succeed as an investor.

TradingView

If you are looking for a reliable source of predictions, see TradingView. This platform offers excellent graphics tools that anyone can use. It doesn’t matter if you are a beginner or an advanced user. This platform lets you know how different types of cryptocurrencies behave over time. Therefore, you can predict their behavior on the road.

One of the main reasons why this platform offers reliable predictions is that it has a vast community of experienced investors who are always willing to share their knowledge. In fact, more than 3.3 million active investors are part of this platform.

Cercador.com

Finder is your ideal source if you want to get valuable information about the future of cryptocurrency from different trusted authorities. In fact, Finder regularly consults with finance and cryptocurrency experts and publishes its predictions for other investors.

In addition, the platform works with speakers from different industries, such as news, finance and technology. Based on discussions with these professionals, Finder can make accurate predictions.

Bitcoin Wolf

Bitcoin Wolf is another great platform that can provide accurate predictions about cryptocurrencies. By joining the chat room of this platform, you can chat with other experienced investors throughout the day. Apart from that, you can benefit from other excellent features offered by the platform, such as real-time alerts, peer-to-peer counseling centers, technical analysis, and more.

This site is the best platform to talk about the future of these currencies. And most importantly, the experts will provide you with a deeper insight into this world and help you make informed decisions.

When it comes to investing in cryptocurrency, make sure you do your homework first. It is a good idea to consider predictions so that you can make the right decisions along the way. You need to consider what other experienced investors think about the future. Other than that, you may want to get the perspective of industry experts.

Final thoughts

Therefore, by consulting the above sources, you will be able to get an idea from the mind of other investors in the industry. By doing this, you can make better decisions, which will make your business profitable. It is best to check the predictions periodically.

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What is Bitcoin and the blockchain and why is it important to invest now

Nowadays, there is more and more interest and animation around Bitcoin. You may have heard of it before or not. Either way, it’s a multi-trillion-dollar financial industry that practically flies under the radar of most people (only 2% of the population is aware of its existence), making it a prime time for position before it reaches the main stream. And now is the time for cryptocurrency awareness to go viral. Some universities even teach classes on bitcoin, cryptocurrencies and blockchain technology.

What exactly is Bitcoin?

Bitcoin is a digital currency (or digital money) that is maintained electronically, which means it is not as tangible as the fiat currency (dollars, euros, yen, etc.). It was created cryptographically and is therefore a cryptocurrency. It works with open source software and is not controlled by entities. It is decentralized and is not governed by banks or governments.

What is the Blockchain?

Blockchain technology is where bitcoins and other cryptocurrencies exist. The blockchain is also used for applications other than cryptocurrencies, such as executing smart contracts, for example. Simply put, the blockchain is a decentralized digital book. It stores records of all transactions that occur within it and is managed by a peer-to-peer network. This means that companies and businesses use it to transfer digital assets over the Internet without the need for third parties (i.e. banks, governments).

The Importance of Blockchain Technology and Investing in It

From a business perspective, blockchain technology can improve business processes and significantly reduce costs. It will also allow companies to offer more customer service benefits. For example, financial institutions could use blockchain technology to improve processes related to settlements and insurance.

From an individual perspective, blockchain technology offers opportunities to achieve significantly high returns on investment in cryptocurrencies compared to traditional investments.

Blochchain technology and cryptocurrencies are fast proving to be an inevitable part of the future of money and finance in the global economy. It is something that will soon become the global financial market, and those who invest so soon in adopting this amazing innovative technology will be among the newest millionaires in the years to come and beyond.

We are in the third big wave of the internet. The first are websites and domain names (dotcom boom), the second are social media (dating sites, Twitter, Facebook, YouTube, etc.) and the third is blockchain technology, bitcoin and other cryptocurrencies. It’s a good time to position yourself.