Tag Archives: Cryptocurrency

1xBit Brings Fun to Cryptocurrencies while Increasing Adoption

1xBit Brings Fun to Cryptocurrencies while Increasing Adoption

 

 

In 1994, Today Show hosts Bryant Gumbel and Katie Couric famously had a lot of trouble understanding this new ‘internet’ thing.

At that time, the internet was as obscure and incredible as cryptocurrencies are for most people right now. In those early days of the internet, many people didn’t really think it would last or have much of an impact, just like many are saying now about cryptocurrencies. But it was also in 1994 that the first online casino opened, enticing millions of users to log in and giving the internet its first real bump of broad appeal.

And just like in 1994, cryptocurrencies now are getting a lot of interest from gambling sites building on the power of cryptocurrencies borderless, decentralized money built for the internet. One such site, 1xBit, is right now aggressively positioning itself to become the premier online betting site based exclusively on cryptocurrencies. 1xBit was established in 2016 and since then has become one of the largest and most recognizable gambling sites. Since their inception, the 1xBit team has been pouring their resources and creativity into the most modern, varied and exciting betting experience for their customers. And of course, their bets are provably fair.

Key features include:

  • Betting on the latest sports matches, pre-match and live, for both casual and advanced players
  • More than 50 types of sports to bet on, including exotic sports like Gaelic football, greyhound racing, eSports, etc.
  • Slot games from more than 100 different providers, suitable for anyone’s taste
  • Live dealers for all manner of casino games, including roulette, blackjack, baccarat, etc.
  • More than 90 different casual games created by the 1xBit team
  • And of course, 1xBit is a big supporter of cryptocurrencies. Users of their platform can deposit Bitcoin, Ether, Dash, Litecoin, ZCash, Tron, Verge, and more as well as the stable coins Tether, USD Coin, True USD, and Paxos ST. There are no fees for deposits or withdrawals. In total, there are almost 30 cryptocurrencies supported.
  • Utilizing the power of the blockchain, the games are provably fair.
  • The platform is truly international as 62 languages are supported.

1xBit also reaffirms their commitment to becoming the premiere crypto-betting site by offering many ongoing promotions and bonuses. They are currently offering a Welcome Package of up to 7 bitcoins, a massive bonus compared to what other casinos are able to offer. New users can get 100% welcome bonus of up to 1 BTC for their first deposit. They can then get continuing bonuses for subsequent deposits:

  • 50% bonus up to 1 BTC on the second deposit
  • 100% bonus up to 2 BTC on the third deposit
  • 50% bonus up to 3 BTC on the fourth deposit

Normally, bonuses like this are only offered to new customers, but uniquely 1xBit makes this bonus available to both current and new users!

Article Produced By
Bitcoin Warrior

https://bitcoinwarrior.net/2019/08/1xbit-brings-fun-to-cryptocurrencies-while-increasing-adoption/

TP

Become e-Resident and start the company in Estonia

Become e-Resident and start the company in Estonia

 

 

Did you hear about e-Residency program in Estonia? Let us introduce you to the tailor made solutions for digital nomads. Use our service and pay for our services in BTC with discount.

EESTI CONSULTING OÜ

Eesti Consulting offers several different services including: company formation in Estonia with the prestige legal address in the heart of Tallinn, contact person service, assistance in the bank account opening, assistance concerning the obtaining of the e-Residency card, assistance concerning obtaining the cryptocurrency services for the client.

We offer a 5% discount if you are paying in cryptocurrency way. If you have a business that offers a Bitcoin discount and would like to be featured on Bitcoin Warrior, please click on the Submit a Bitcoin Business link at the top of the page.

Article Produced By
BitcoinWarrior

https://bitcoinwarrior.net/2019/08/become-e-resident-and-start-the-company-in-estonia/

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Digital Asset as the Next Stage of Development of Financial Technologies

Digital Asset as the Next Stage of Development of Financial Technologies

The concept of assets was formed a long time ago.

The notion “digital asset” gained popularity relatively recently. This was the product of the development of the financial industry in general and the growing significance of digital technologies. The Blockchain technology’s emergence in particular, has contributed to that situation. An increasing number of innovative competing business entities using these solutions indicated the development of an original information economy based on the Blockchain technology. Then, the growth of the digital economy and methods has revealed the need for a new notion of the “digital asset”.

Blockchain’s Role in Creating Digital Assets

The Blockchain technology’s development opens a door for the creation of the first assets. Indeed, the first full-fledged digital currency was bitcoin, which appeared in 2009. The Blockchain technology was created in the same time period. This has significantly improved the transaction security. Therefore, this technology has begun to be effectively applied in many areas. The improvement of security has promoted confidence in this segment and, consequently, its rapid development.

The concept of “Blockchain” refers to a distributed ledger consisting of transaction blocks connected like a chain. In doing so, the content of the next block includes the data about the previous one. The Blockchain technology makes the digitization and subsequent secure information passage possible. This technology has the following key benefits:

· invariability,
· security,
· transparency.

Legal Regulation of Digital Assets

For starters, let’s introduce the concept of a digital asset. So far, there is no clear definition of the term, but experts have concluded that it is an information resource derivative of the right to a value, which circulates in a distributed ledger, where it takes the form of a unique identifier. According to experts of the Simcord company, the asset alone cannot be considered a right to a value. However, it has all the properties derivative of this right. One may wonder about the concept of “derivative of the right”. Using the “divide and conquer” principle, we get the following conclusions:

· “derivative” means “originated from another object”;
· “right” means a degree of possible behavior prescribed by the state.

Thus, a subjective interpretation of the concept “right” should be applied when defining the digital asset, which specifies the type and degree of the possible behavior of persons, which are regulated by legal standards. It is worth noting that the legal regulation model, which is embedded in the controlled ecosystem for digital assets, meets all applicable international standards. Consequently, it does not require the adoption of other laws and regulations.

Actual Technologies Based on Digital Assets

Next, we’ll look at the Bitbon system as an example of using such values as information resources through the asset digitization procedure. The Bitbon information system operates on the basis of the Blockchain technology and has an integrated decentralized structure. It gives users the full ownership of assets. This means that they can: Confirm proprietary right to assets receiving unique digital copies of assets. This ability is provided through asset digitization. Exchange assets with other users without intermediary services or using money. The main system component is Bitbon, which is also used as an exchange value unit of any digital asset. The valuables of the Bitbon system are used as information assets through digitization and the concept of “right to the right”.

The regulatory aspect of the system is founded on three principles:

1. The system of statutory regulation of assets.

2. A clear explanation of legal relations between system users. The Bitbon asset is a token and gives users access to the system. Accordingly, it provides access to all the system capabilities and resources. This asset has the exchange value of any system asset. It creates mutually beneficial relations between users.

3. The notion of “right to the right”. It is about the right to an information asset. At that, the value is in the possession of the owner, and the user has the right to the value. Consequently, the exchange of assets between system users is provided by the right to the value. This is made possible through the asset digitization procedure and the concept of “right to the right”.

Therefore, the Bitbon system is considered appropriate for use in almost all aspects of modern life: economic, insurance, legal, financial, business, trading, etc. Consequently, digital technologies are the future of humanity. Their development is impossible without the usage of assets. That’s why it’s important to consider the general idea of the concept “digital asset” and regulate its essence at the legislative level.

Article Produced By
Dean

Owner, Editor, and lead writer for Cryptorials. Cryptocurrency writer and trader since 2014.

https://cryptorials.io/digital-asset-as-the-next-stage-of-development-of-financial-technologies/

TP

How will the new Ethereum economic model influence Ether’s price next year?

While Ethereum is often considered to be one of the most promising crypto currencies in the market,

there are still some technical issues to deal with. In order to improve the crypto-currency’s adoption rate, issues such as scalability, ease of use, speed and fungibility are still to be addressed. For analysts such as Jeff Reed, the Ethereum network will almost certainly become more important than Bitcoin’s in the future, as the Ethereum ecosystem is better equipped to overcome the challenges mentioned.

The migration from Ethereum 1.0 to Ethereum 2.0 could greatly improve the network and boost Ether’s price next year

The creation of new blocks is at the core of every blockchain network. Rewarding miners, or “stakers” to validate transactions and create new blocks is the way a network can create new coins. These rewards are incentives to help people stay motivated in securing the network and avoiding any network attacks. On the current Ethereum network, new Ether coins received by miners who create a new block follow a Proof-of-work (PoW) protocol. To be involved in the mining process, members put their computational power to work in solving complex mathematical problems. These rewards help them finance their operational costs and turn them a profit (depending on the price of Ether).

Next year, the Ethereum network will likely rely on a Proof-of-stake (PoS) protocol. This means that to be able to validate block transactions, a member will have to first own coins in order to stack them. The more Ether coins a given member has, the more staking power he will have. Regarding potential attacks, this consensus algorithm is considered to be less risky than the Proof-of-Work protocol. Ethereum 2.0 has mainly been designed to improve the scalability of the Ethereum network. Going from a proof-of-work to a proof-of-stake model to validate transactions and issue new blocks should improve the network’s scalability and security, while bringing down costs and improve transaction speed.

After being postponed several times, the date of the next hard fork of the Ethereum network (called Istanbul) is finally confirmed and scheduled for December 4

This implies that all the technical upgrades and improvements of Ethereum 2.0 should be introduced next year. Many analysts and investors expect this event to have an impact of Ethereum’s adoption, which should be seen in Ether’s price. There is a hope that Ethereum will trigger a 2020 altcoin boom, propelling Ether’s price to new highs. There are many possible ways of making money with Ethereum crypto. It all depends on your knowledge of the crypto world and how much time you have to dedicate to it. Among the most rewarding and exciting ways you can get involved are 1) trading Ether through CFDs, 2) buying Ether through an exchange to store them on a wallet, as well as 3) mining (soon staking) Ethereum.

The launch of a public main network for this updated version of the Ethereum’s ecosystem must follow a multi-stage process

‘The way that Eth 2.0 will be rolled out is that it starts off being separated Eth 2.0 chain. Then there’s a link between the two chains and then eventually the kind of existing Ethereum chain gets kind of fully merged into the Eth 2.0 chain’ explained Ethereum’s founder – Vitalik Buterin to Angie Lau from Forkast News. ‘But it’s definitely this multi-stage process. And the reason we did this is to be safer and more conservative. Like you don’t want to move the entire existing ecosystem onto the fancy new thing before you’ve proved the fancy new thing can work. And the fancy new thing here includes proof of stake. So it’s not just a technology change, it’s also an economics change’, he added.

Article Produced By
Zerocrypted

https://zerocrypted.com/how-will-the-new-ethereum-economic-model-influence-ethers-price-next-year/

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Ripple Vs Stellar: Which Is the Better Cryptocurrency?

In the latest cryptocurrency news, we have witnessed exciting products in the industry.

Notably, some projects are unique while others tend to look similar. For crypto lovers, it is not hard to notice that projects like Ethereum and NEO have some striking similarities. Despite the industry witnessing an increase in the number of projects, Ripple and Stellar appear to stand out from the pack.  These two projects are gaining interest and are appealing to future-minded individuals. Both Ripple and Stellar have some similarities in identity and technologies. And the thing about these is that both cryptocurrencies had awesome cryptocurrency news in the past. Both of them want to solve the issue of a crossborder payment system. However, the two projects tend to differ in terms of philosophies and the general purpose within the cryptosphere. Here is a breakdown of the similarities and differences between the two projects. In this ripple vs stellar comparison, we will try and compare both and see which one has a better consensus mechanism for international transfers. Our comprehensive guide is the ultimate comparison between ripple and stellar and will help you understand which digital asset is used where and what’s so special about it. 

Understanding Ripple (XRP)

Brad Garlinghouse is the CEO of Ripple protocol. The blockchain technology created by ripple is used by banks on operations such as transferring money worldwide. Basically, it is a crossborder payment solution with a close to 0 fee that doesn’t involve so many third partys and that allows banks to send money from a place to another in seconds. Ripple emerged first in 2012. The project is a product of Chris Larsen and Jed McCaleb alongside Brad Garlinghouse. Developers of Ripple intended to make the system support a crossborder payment instantly for free, almost.  Its started as a payment protocol, to ease the transfer of money between borders. Traditionally, international money transfer is outdated, slow and costly. Ripple wants to change this model.

They are trying to change this by using xRapid – which already have a lot of banks that are using it – and probably soon Binance will use it too. To have a better understanding about xRapid, you may check the xRapid explained article. Same for xCurrent or xVia. Ripple digital asset grow in 2017 to as much as $3 and had a market capitalization of $130 billion at its all time high price. It wasn’t the largest cryptocurrency at the time and its not now, but its however widely used as a payments solution for transferring money using blockchain technology.  Ripples XRP is the cryptocurrency that the ripple protocol uses. The Ripple protocol was build to send money abroad and have Ripples XRP as the cryptocurrency for it. However, banks can use it to send money from one to another one in just a few seconds and for a fee of less than 1/10th of a cent. Ripple labs are working hard to establish more partnerships and have more banks join their network. If we take a closer look at the XRP price analysis , we can see that XRP decreased to $0.20 lately – after it had a value of $0.46 in 2019. Ripple XRP price decreased a lot mostly due to Bitcoin fluctuations and cryptocurrency trading.

Understanding Stellar (XLM)

Stellar emerged a few years later after Ripple with Jed McCaleb being one of the project co-founders. Jed McCaleb worked with Brad Garlinghouse at Ripple Labs also. Stellar also deploys the use of blockchain to process payments. It is important to note that the code bases for Ripple and Stellar are all similar. Stellar’s entire project goal strikes some similarities to Ripple. It seeks to enable the ability of an instant international payment . Stellar Network add its transactions to a shared, distributed ledger that its available for anyone to check. The Stellars XLM is powered by the Stellar Development Foundation – who are working on improving the Stellar consensus protocol. Stellar wants to solve the international transfers issue by created a crossborder payment system focused on people, not banks – unlike Ripple’s XRP. The Stellar Lumens XLM is the cryptocurrency that its used on the stellar lumens blockchain. 

Stellar stands out a bit because its primary focus is on individuals unlike Ripple’s target for institutions like banks. Stellar network is a bit more flexible than current payment options – such as PayPal. The fee of using Stellar’s service is low too – a merely 0.00001 XLM per transaction.
The developers came up with Stellar Lumens or XLM as the native cryptocurrency. Stellar also had the biggest cryptocurrency airdrop to date – with $125 Million USD distributed among the people that verified their identity on blockchain.com. Stellar’s price analysis doesn’t look too good either, as Stellars XLM lost over half of its value in 2019. However, the stellar network is still one of the most used ones and stellar lumens XLM  is still in top 15 based on its market capitalization. The price forecasts for Stellars XLM are not so favorable lately, but with the right catalyst – Stellar lumens can be one of the solutions for a perfect crossborder payment solution.

XRP vs XLM –  Similarities Between Ripple and Stellar

When it comes to Stellar vs Ripple, we have had some fundamental similarities to point out. It is not a surprise that they strike some similarities considering that their code base is the same. Additionally, the two projects were co-founded by Jed McCaleb. It is important to note that Ripple and Stellar do not depend on miners. Lack of miners means that both projects stand out compared to other PoW cryptocurrencies. Furthermore, the blockchain used by Ripple and Stellar claims to be decentralized. The truth is, the cryptocurrency enthusiasts have solid points when they claim that both of them are more centralized than decetralized. However, both don’t permit running of nodes by the public. Developers of the project kept the nodes private and operate their nodes on many servers. When it comes to authentication of payments, the two projects use a distributed ledger technology. They have a reputation for instant payments at a lower cost.

Ripple and Stellar have prioritized keeping the value of the coins low. Maintaining the value will enable both projects to have affordable services with the aim of supporting cheap cross border payments. Both XRP or XLM are listed on more than 10 top  crypto exchange. The cryptocurrencies are used for cryptocurrency trading as well as their main purpose – creating a reliable crossborder payment system based on a distributed ledger technology.  XRP or XLM can be stored on hardware wallets, such as Ledger nano or a Trezor. So if you’re looking to hodl any of these two, its really easy if you own a Trezor or Ledger Nano.

XRP Token vs Stellar XLM – Key Differences between Stellar Lumens and Ripple

At a glance, Ripple and Stellar vary from each other based on their philosophies. Ripple labs focused on making the project the solution to instantly and cheaply conduct a  crossborder payment one bank to another. The XRP distributed ledger technology is not public, as they work mostly with banks. The system has the XRP token as the fuel for these transfers. On the other hand, Stellar focus on individuals. The project targets people in developing countries who lack access to financial services. According to Stellar’s developer Jed McCaleb, he was motivated by his passion for helping people. A key difference between Ripple and Stellar is the fact that the Stellar code is open-source and can be found on Github.

Unlike Ripple, which is built mostly for banks.  The two projects also differ on nodes consensus. A conses model is a system that is used to validate payments without the use of any intermediaries. For Stellar, it deployed a protocol dubbed Stellar Consensus Protocol. On the other hand, Ripple implements the Proof of Corrections protocol to validate payments.  All these protocols are different from the popular PoW and PoS models popular among other crypto projects.

XRP or XLM – Which is the best project?

Before determining the better holding in the Stellar vs Ripple debate, we have some factors to consider. After Bitcoin and Ethereum, Ripples XRP is the third most valuable token based on its market capitalization.  Because Ripple joined the market two years after Stellar, the latter has managed to ink key partnerships with more than 100 banks. Such collaborations plays a crucial role in enhancing the trust in Ripple while at the same time improving the project’s market liquidity. Generally, Ripple stands out due to its notable success. The platform has proven a point while attempting g to revolutionize the cross border payments system.

Stellar looks like an underdog when compared to Ripple due to its plan to enable affordable financial services across the globe. It is evident that Stellar still lags behind Ripple in terms of success, but it has managed to maintain its position in the market. The Stellars XLM is ranked 11th, but its among the cryptocurrencies with a good use case and usage around the globe. We also have a possibility that Stellar will attract more customers in the coming days as it sets base in developing countries. This model makes it easier for people to transact globally using XRP. So, XRP or XLM? Who would win in the XRP vs Stellar battle?

If we look at the market capitalization, the XRP token is way far ahead. However, its latest technical analysis and price prediction doesn’t show any sign of recovery too soon. But the project is still solid and has a valid use case for the future. Stellar and Ripple have their similarities and differences. Both want to solve the money transfer issue – but each for a separate client. Stellar’s focusing more on individuals while Ripple was created for banks. Now, its all about understanding ripple and understanding stellar to know which one to pick – XRP or XLM.  Both of them can be easily swapped to fiat currency so the liquidity is not really a problem for neither. 

XRP vs XLM Conclusion

It is important to note that both Ripple and Stellar are on course to be among top global projects. Despite being a product of one individual, Ripple and Stellar have different ideologies with a concentration on a diverse customer base. For the Ripple vs Stellar debate, it is only noble to note that each project comes with its strength and weaknesses. Before settling on any token, conduct research and decide on a project that will give you value for your money. We believe that both project have a crucial role in the cryptocurrency field development and both would probably succeed. Which one will have a higher price in the future? That will depends on the business decisions each company will take, adoption and the user base of the companies. If you think about buying XLM or XRP – keep in mind that there’s a big risk as the market is extremely volatile these days.

Article Produced By
Amisi Paul

https://zerocrypted.com/ripple-vs-stellar/

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THE INCENTIVIZED LOAN PROGRAM (I.L.P) A Powerful Way To Spread The Wealth.

THE INCENTIVIZED LOAN PROGRAM (I.L.P) A Powerful Way To Spread The Wealth.

The Incentivized Loan Program is a powerful and beneficial way to spread the wealth. The ILP is essentially a loan and is regulatory friendly and in compliance with the UCC Code, in that, they can be compliant even with the most stringent regulatory frameworks around the world when it comes to fraud and money laundering. 

The ILP is like a convertible note which is defined as a type of short term debt financing used in early-stage capital raises. You can think of it as an IOU. 

It is essentially a legitimate way to finance projects via the blockchain and has been created and utilized by Markethive as an alternative crowdfunding means of raising funds.  Markethive is the first to offer the Incentivized Loan Program and will be one of the first companies to raise capital by decentralized crowdfunding of debt. 

ILP holders also share in the success of the company and enjoy a form of a return via interest from the net profit of the company which is 20% of the net revenue paid monthly and a balloon payment to be paid at the end of the duration of the note of 20 years. 

Here is a bullet point breakdown…

  • An Incentivized Loan Program creates a legally binding and conforming loan agreement. Because it is a debt instrument, it is not subject to tax and is compliant with the USA UCC code governing debt instruments. 

  • It is open to individuals around the world as loans are allowed almost everywhere.

  • The company doesn’t need to create tokens that are speculative and actually have no use. 

  • Markethive onboard operational capital through this debt structure. ILP holders are issued a transferable secure blockchain token.

  • The maximum amount of ILPs is limited to 1000, although we are targeting to distribute less than 1000. 1 share equals 1 full ILP.

  • Revenue generated from Markethive’s multiple revenue streams will fund the interest payments, paid through the ILP via the blockchain in MHV which can then be converted into the currency of your choice via the Markethive Coin Exchange.

  • 20% of the Net Revenue is paid to all ILP token holders per their pro-rata share as interest payments, as long as the principal is outstanding. A balloon payment is then paid out after 20 years and can be extended upon mutual agreement.  

  • The ILP Blockchain will securely, efficiently and accurately pay the interest payments on a periodical monthly basis. There can be no tampering with blockchain technology. 

  • ILP tokens are sellable through Markethive’s peer to peer auction-style exchange. This gives the ILP token holder control over their exit plan. 

  • ILPs can be broken down into fractions thereof. This can be down to 1/1000th of an ILP. There is a dedicated internal ILP Markethive Exchange being built where members can buy and sell their ILPs or fractions of their ILPs. This turns the ILP into a cash cow. 

  •  ILPs can also be obtained by upgrading from a free member to one of the Entrepreneur Loyalty Programs currently priced at $100 per month. A 1/10th of an ILP is allotted to you after 12 months of consecutive payments and for every year thereafter that you are an active subscriber. 

Imminent Growth – Lucrative Outcome

Based on the continual exponential growth according to internal and external data sources as well as ongoing development along with achieving every single milestone over the past 5 years, we are super confident we will exceed 5 million members within the next 2 years.

This is a very conservative estimate, however, based on this data, let’s play around with some figures. We can expect the following growth…

With just 10% of Markethive’s 5 million members upgrading to one of our Loyalty Programs at $100 per month equates to a monthly income of $5 million per month. 20% of the net revenue would be approximately $10 million per month. Divided by the maximum number of 1000 ILP shares, would represent a monthly income of $10,000 per month. For the holders of 1/10th of an ILP that represents a cool $1000 per month for a subscription payment of $100 per month. 

As the company grows the revenue will reflect that growth for a projected duration of 20 years before the loan becomes due which is regarded as a balloon payment. When we initially offered ILPs to our members, they were listed at $10,000, but as a growing amount of ILPs has already been acquired, the ILP is now listed at $100,000 per ILP.  As Markethive gets closer to exponential growth the value of the ILP will continue to increase along with the monthly interest payments. 

An ILP is like owning an Oil Well, as described by Thomas Prendergast, the Founder, and CEO of Markethive. 

Markethive is making it easy to access the ILPs for our rank and file members as we believe and embrace making Markethive everyone’s company. The Markethive coin along with the micropayment faucet is another process of giving our members long term wealth and revenue with a true ecosystem to make use of our coin beyond valuable.

Creating a “Universal Income” for entrepreneurs. Using our state-of-the-art integrated inbound marketing platform, social network, artificial intelligence, business services, ewallet, coin exchange, mining datacenter, incubator and blockchain income platforms for success in the crypto-preneurial and entrepreneurial markets.

View Markethive’s White Paper https://markethive.net/Markethive.Whitepaper.V4.pdf

 

So how do you get your hands on your share of an ILP? You can choose from the following 3 ways…

  1. You can wait for the ILP exchange to be completed and the Markethive wallet in place and then buy ILPs or shares from other members in the exchange.

  2. You can purchase ILP shares or partial shares from us (Markethive) directly. We sell full shares and fractions thereof as small as 1/100th for $1000. Purchase an ILP outright by contacting Douglas @ cfo@markethive.net (priorities are given to ILP purchasers) 

  3. You can upgrade to Entrepreneur One and receive a 1/10th share every year for up to 10 years, which works out to $1,200 a year and receive a 1/10th share. And once you have an Entrepreneur One account and stay current, you keep that account as long as you want.

Conclusion

Markethive’s growth and ever-improving Alexa Ranking, community involvement, the fact Markethive is a Social Network with continued interaction and engagement on the platform, becoming more prevalent each day moving forward. 

A social media platform with all the essential inbound marketing tools needed for growing a business, along with a cryptocurrency ecosystem to ensure universal income for its members. This company is not only poised for a successful launch of its system and Consumer Coin, but it is also set for long term growth and is the next generation of how we interact and conduct business online. 

Markethive is currently in Beta and start-up and the advantages you get today will not last long. You can be considered an early adopter.  Secure your future with the next generation Social Market Network offering you the perfect system for real long-term success, financial freedom, and a place you can call home. This web 3.0 model of social media, inbound marketing, and eCommerce is coming to fruition. This is truly the complete ecosystem for entrepreneurs. 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 
 

 

 

TP

Scammers Are Using the Faces of Financial Analysts to Promote Phony Crypto Programs

Scammers Are Using the Faces of Financial Analysts to Promote Phony Crypto Programs

Scammers Are Up To Their Same Old Tricks

New advertisements featuring the face and likeness of Martin Lewis – an alleged financial expert in the London area – have been discovered on Instagram promoting potential cryptocurrency scams. These scams discuss a “revolutionary bitcoin home-based opportunity” that can change your life (and the lives of others) forever. One of the other tactics these scammers are utilizing to ensure unsuspecting readers believe their phony ads is by dressing them up to look like newspaper clippings. Some users claim that the ads mirror posts from The Mirror, a popular British news source. However, Lewis has already taken to Twitter to warn everyone that these advertisements are not real, and that he has never given permission for his likeness to be used in the ads. He’s warning everyone to steer clear and avoid getting pulled in.

Lewis is a well-known individual in Britain’s world of finance. Regularly appearing on television, Lewis discusses what investment opportunities are available for everyday citizens. He also talks about how to save money, new government incentives, and which bank accounts offer the best interest. His biggest claim to fame was a website he founded called MoneySavingExpert.com. This site sold in the year 2012 for a record $133 million. Despite a new year, it looks like many scammers still believe using celebrity images to promote their cryptocurrency schemes are the best way to go. One of the most prominent cases of using a celebrity’s face to scam people out of their digital assets involved one which occurred in late 2018. Hackers were allegedly using the likeness of SpaceX and Tesla CEO Elon Musk as a means of promoting a phony digital currency donation program.

These scammers acted as though they, themselves, were Elon Musk, and went around asking people to donate bitcoin to his various causes. The real Musk eventually came out and told everyone that these messages were not coming from him, though at that point, many donations had sadly been garnered illicitly. In addition, last September saw Dutch creator of the famed reality television program “Big Brother” John De Mol seeking legal advice regarding Facebook’s consistent publishing of fake cryptocurrency ads utilizing his likeness. Despite years of trying to work with Facebook to get the ads removed, the social media conglomerate did little to nothing to adhere to his requests.

Nothing Came of the Case

He ultimately sought out the assistance of lawyers to bring his situation to court in Amsterdam. The ruling was a rather lackluster one: Facebook and Del Mol must work out the issue themselves. While the ads have been removed at the time of writing, many Dutch residents have lost out, as the ads led to more than $2 million in donations or investments that have not yet been returned.

Article Produced By
Nick Marinoff

https://www.livebitcoinnews.com/scammers-are-using-the-faces-of-financial-experts-to-promote-phony-crypto-programs/

 

TP

Bitcoin Price Analysis: BTC Dips Present Buying Opportunities

Bitcoin Price Analysis: BTC Dips Present Buying Opportunities

Bitcoin price is gaining bullish momentum

  • Bitcoin price rallied recently above the $8,400 and $8,500 resistance levels against the US Dollar.
  • The price traded to a new yearly high at $8,900 and settled above the 55 simple moving average (4-hours).
  • There is a crucial bullish trend line forming with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
  • The pair remains well supported and dips towards $8,420 and $8,315 might prevent buy opportunity.

Bitcoin price is gaining bullish momentum and it recently jumped towards $9,000 against the US Dollar. BTC is correcting lower, but it is likely to find support near $8,420 or $8,315.

Bitcoin Price Analysis

In the past few days, bitcoin price started a steady rise above the $8,000 resistance against the US Dollar. BTC broke a few key resistances near $8,420 and $8,500 to continue higher. Moreover, there was a close above the $8,420 level and the 55 simple moving average (4-hours). Finally, the price surged towards the $9,000 level and a new yearly high was formed near $8,900. The price is currently correcting lower below the $8,800 level. There was a break below the 23.6% Fib retracement level of the recent rally from the $7,947 low to $8,900 high. On the downside, there many supports for bitcoin, starting with $8,420. Besides, the 50% Fib retracement level of the recent rally from the $7,947 low to $8,900 high is also near the $8,420 level to provide support.

More importantly, there is a crucial bullish trend line forming with support near $8,420 on the 4-hours chart of the BTC/USD pair. If there is a downside break below the trend line, the price could test the $8,310 support. Any further losses may perhaps lead the price towards the $8,100 support area and the 55 simple moving average (4-hours). On the upside, there are hurdles near the $8,800 and $8,900 levels. The main hurdle is near the $9,000 level, above which the price is likely to climb towards $9,200 and $9,250. Any further gains might push BTC towards the $10,000 level in the near term.

Bitcoin Price

Looking at the chart, bitcoin price is showing a lot of positive signs above the $8,420 and $8,310 levels. Therefore, there are chances of more upsides above $8,900 unless the bears push the price below $8,420 and $8,310.

Technical indicators

4 hour MACD – The MACD is currently reducing its bullish slope.
4 hour RSI (Relative Strength Index) – The RSI is currently correcting lower from the overbought zone.
Key Support Levels – $8,420 and $8,310.
Key Resistance Levels – $8,800, $9,000 and $9,200.

Article Produced By
Aayush Jindal

https://www.livebitcoinnews.com/bitcoin-price-analysis-btc-dips-present-buying-opportunities/

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Ripple CEO & Team Speak Their Hearts Out on Blockchain in 2020

Ripple CEO & Team Speak Their Hearts Out on Blockchain in 2020

Ripple Executives share their views on Crypto Industry

in the last decade in the latest Ripple Drop episode. The team also spoke about their predictions in 2020. The festive holiday episode of Ripple Drop had CEO Brad Garlinghouse, CTO David Schwartz and their VP Breanne Madigan speaking their hearts out about crypto and blockchain in 2020.

Ripple Executives’ Take on Blockchain

Ripple CEO Brad Garlinghouse believes that the crypto industry is going to be consolidated into fewer cryptos as

the world does not need 3000+ crypto. 

“I think you are gonna continue to see consolidation. Yeah, the world doesn’t need 3,000 plus cryptocurrencies out there, and I think the utility will bear out that there will be a migration to quality if you will.”

Moreover, Quality migration is what he sees in the coming future he adds. CTO David seems to consider blockchain having newer use cases. These cases might provide

a solution to actual problems.

“I think we’re going to see more growth of blockchain into different use cases. I think the focus is going to be can you solve an actual problem, not do you have a solution that someone might be able to use for something.”   

Ethan Beard, the SVP of Ripple’s investment arm Xpring, is convinced that blockchain and crypto could potentially replace the global financial infrastructure. While VP Breanne believes that the banking and financial sectors will adopt blockchain in 2020. On the other hand, Marcus Treacher seems too convinced that Blockchain will be integrated into most of the technologies leading to an Industrial revolution. This announcement created a stir of excitement on Twitter. Many supporters of Ripple came forward to stand forth with the executives’ statement. Well, 2020 seems to be an exciting year for Ripple executives. The team has a lot of hopes on the blockchain. Only time will tell whose prediction comes true. But its interesting to know what such great influencers think of the crypto industry. Isn’t it? Let us know your views on Facebook and Twitter pages.

Article Produced By
Qadir AK

Qadir Ak – Co-founder of Coinpedia Blog – His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

https://coinpedia.org/news/ripple-team-speaks-about-blockchain-2020/

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Rory Brown Speaks On The Composition And Appearance of Lydian Coins

Rory Brown Speaks On The Composition And Appearance of Lydian Coins

There may not be a more distinctive, or visually-engaging coin than the Lydian stater.

Introduced in the middle of the seventh century BCE, the stater was the first coinage system. He was the one to receive a government-backed insignia, securing its value as a means of trade. After King Croesus converted to a then-groundbreaking bi-metallic minting process, the stater became the basis for nearly every coinage system to follow. So what made the stater so innovative? Rory Brown, the Managing Partner of Nicklaus Brown & Co., discusses the composition and appearance of

Lydian coins below. 

Lydian Coins are considers to be the First Coins ever produced and used.

The alloy of gold and silver would appear a very poor choice for coinage since its natural gold content varies and is tough to measure with precision. This Article suggests that the uncertainty of the worth of electrum, and Thus, the close control that the Lydians had over its gold content in coin form, that was the keys to the advantage of its coinage. It also suggests that the next decision by the Greeks to silver was driven by the government’s decision to subsidize the lower denomination coins, perhaps so as to economize its own transaction costs in its budgetary affairs.

Precision

Early staters mint with electrum, the same metallic alloy than other coins of the day used. Electrum is a naturally-occurring mix of gold and silver. This mixture offers coins the inherent value of precious metals paired with the durability of an alloy. However, because the exact proportions of the constituent metals weren’t knowable, it was never fully clear what a given coin was inherently worth. Croesus, the last and most famous Lydian king, realized that using pure metals was a more reliable means of matching inherent value to ascribed value. He switched to a coinage system that used pure gold and pure silver coins. Using pure metals and exact weights, the value was easy to establish.

Composition

The new gold and silver staters were made to be as pure as possible. Coins at that time were measurable in terms of weight, as opposed to value. The gold stater weighed 126 grains or grains of wheat. The silver stater weighed 168 grains. This was a deliberate choice on Croesus’s part. It is because he wanted to create a consistent exchange rate between the gold and silver versions of his coins. A gold stater was worth exactly ten silver staters. Also, this clean exchange between the two metals helped the stater’s adoption. Basically, as a regional currency in the ancient Aegean world.

The Lion and The Bull

The shape of a Lydian stater didn’t match the flat, circular piece of metal we generally think of as a coin shape. In fact, the shape wasn’t regular at all. Staters usually had a semi-flattened, blob-like form that resembled a range from oval to bean-shaped. The exact shape didn’t matter because the coin’s value was based on weight, not presentation. It was because the stamp was a far more important visual element than its shape.

Lydian staters were decorated with the image of a lion squaring off against a bull. This was a long-standing motif in the ancient world, but Lydian kings adopted it as their sigil. Also, by stamping it on their coinage, they established an indelible connection between the stater and their kingdom. This wasn’t something that had been done before, and it afforded the stater a level of credibility unsurpassed in ancient history. It was the combination of the Lydian state seal and the pure, precise composition of the metals in the coins, along with a simple exchange rate that allowed the Lydian stater to dominate trade in Western Asia Minor for decades.

About

Mr. Rory Brown is a Managing Partner of Nicklaus Brown & Co., the Chairman of Goods & Services, Nearshore Technology Company, and a member of the board of directors of Desano. Mr. Brown has focused on financial technology and investment management over the course of his career. He was a Founder and Chairman of one of the first Internet Banks, a Founder and Chairman of a $50 billion investment management platform, and the Chairman of a Registered Investment Advisor focused on high net worth individuals and families. Mr. Brown was named Financial Services Entrepreneur of the Year by Ernst & Young and has been a founder of multiple companies that have been included in the INC 500. Mr. Brown received a Master of Business Administration from the University of Charleston and is a Certified Public Accountant.He is passionate about delving into the history of money and how our modern currency has evolved into what it is today. In his spare time, he writes about the history of the Lydians – the first civilization to use gold and silver coinage.

Article Produced By
Coinpedia Staff

This is an official account of Coinpedia.org, used to publish guest posts including Press releases and other related news. It is also used to update information on wallet, tools and DEX.

https://coinpedia.org/information/rory-brown-lydian-coins/

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