Is Bitcoin Harvesting Over? Active trading for those who bet on the Link

The inflow of institutional cash is delayed by all accounts, and the purchase of Bitcoin is currently only an inflow of USDT tokens.

The days of energetic shoppers maxing out charge cards to buy Bitcoin may be over. In fact, the Korean markets have also calmed down. Anyway, trading profits, this time saving Tether (USDT) resources. At first glance, Bitcoin’s value levels are bountiful at $6,743.53. While Altcoins slide, Bitcoin maintains its position, and its value strength once again expanded to 43.2% of the aggregate market capitalization of all coins and tokens.

In any case, the purpose of this can be a liquidity full of tokens. The printing of USDT coincided with the rapid movement of Bitcoin that began in mid-2017. In any case, each USDT infusion thus far has also resulted in exciting buying through every other possible means. Today, newcomers are looking sideways, or most have given up hope of making faster additions to crypto. However, for committed brokers, using USDT is another source of income.

Although over 2.7 billion USDT were made, not all of them found their way to the BTC exchange. Not long ago, USDT bid on BTC exchanges was close to 20% and below, with strong levels of Japanese Yen, US Dollar, Korean Won and various other currency standards. However, now the picture changed quickly, the journey of a couple of days was over.

As information from CryptoCompare indicates, more than 54% of all BTC exchanges are Tether trades, due to the high supply of the Bitfinex exchange. It seems that the crypto market has now moved to a stage where all trades are inbound, and in the coming years costs will move based on the activities of crypto insiders, and not institutional brokers in the universe of traditional funds.

Half a month ago, Tether was included in a bunch of altcoins, and now it seems that the pickups are diverted to Bitcoin. While this may be certain in costs, however you look at it, it also means that for new Bitcoin buyers, once again offering in fiat welfare is problematic, and they may end up with USDT tokens. in principle, claiming for money, however it is a moderate procedure and there is a value penalty.

Meanwhile, crypto asset TrueUSD (TUSD) saw its supply contract jump from 88 million to 81 million tokens, as if the tokens were singing and turning into money. For TUSD, reverse trading should be easier; however, this also implies a drain on digital market assets.

6 incredible advantages of cryptocurrency

In recent years, people have been talking a lot about cryptocurrencies. At first, this business was scary but people started to develop confidence. You may be familiar with Ether and Bitcoin. Both are cryptocurrencies and use Blockchain Technology for maximum security. Today, these currencies are available in various forms. Let’s find out more.

How can cryptocurrency help you?

In terms of fraud, this type of currency cannot be counterfeited as it is in digital form and cannot be returned or counterfeited unlike credit cards.

Immediate settlement

Third parties such as lawyers and notaries are involved in the purchase of real estate. Therefore, delays may occur and may result in additional costs. On the other hand, Bitcoin contracts are designed and enforced to include or exclude third parties. Transactions are fast and settlements can be made instantly.

Lower fees

Usually, there are no transaction fees if you want to exchange Bitcoin or any other currency. To verify a transaction, there are minors paid by the network. Although there is zero transaction fee, most buyers or sellers hire the services of a third party such as Coinbase to create and maintain their wallets. If you don’t know, these services work like Paypal which offers a web based exchange system.

Identification of the theft

Your merchant will receive your full credit line when you give them your credit card. This is true even if the number of transactions is very small. What actually happens is that credit cards work based on a “pull” system, where the online store withdraws the required amount from the account linked to the card. On the other hand, digital currencies have a “push” mechanism, where the account holder sends only the required amount without any additional information. So there is no chance of theft.

Open access

According to statistics, there are about 2.2 billion people who use the Internet, but not everyone has access to a regular exchange. So they can use the new payment method.


In terms of decentralization, an international computer network called Blockchain technology manages the Bitcoin database. In other words, Bitcoin is under the administration of the network, and there is no central authority. In other words, the network works on a peer-to-peer basis.


Since cryptocurrency does not rely on exchange rates, transaction costs or interest rates, you can use it internationally without any problems. So you can save a lot of time and money. In other words, Bitcoin and other such currencies are recognized worldwide. You can count on them.

So, if you are looking for a way to invest your extra money, you can consider investing in Bitcoin. You can become a miner or an investor. However, make sure you know what you are doing. Safety is not an issue, but there are other things to consider. Hopefully, you will find this article helpful.

Cryptocurrency: the new sensation

The concept of cryptocurrency was created in 1991. However, the first real implementation was done in 2008 by Nakamoto. The first question arises, what is cryptocurrency. Currency is a financial setup that is transferred between two parties. Initially, problems such as the double-error method arose, although the problem was later solved by concepts such as blockchain technology. The entire process is governed by cryptographic algorithms. The set of public and private keys is being transferred between the two parties. Details of each transaction are stored in each block and for each customer; A block chain forms a complete list of transactions. All the blocks together make up the block chain. These blockchains are nothing more than a financial ledger. The power of this new currency transaction system depends on the power of the cryptographic algorithm. With the implementation of algorithms like DES, the secrecy (block chain) of every financial transaction has been strengthened. However, the concept has not yet been adopted by many countries. The data in each block cannot be changed retroactively or without network consensus. The share of cryptocurrency is not that much today, but it is expected to increase over time.

Some of the characteristics of cryptocurrency are:

• Decentralized

• Distributed

• Public record

The most important aspect of cryptocurrency is the above, but the technology needs security for effective use. Issues such as double error have occurred in the past, although this issue has now been resolved. The biggest advantage of cryptocurrency is the feature of updating without touching the central server. That way, we don’t have to make any changes to the server. Also, the transaction can be done between two or three or more members of the network.

So, the various benefits you get through cryptocurrency include:

• Safe

• Fast

• Reliable

• Accurate

However, the technology has developed, although not all countries support it. The biggest sensation in cryptocurrencies is bitcoin. They are being accepted in many countries. You can also find many more cryptocurrencies. Each of them uses a unique type of algorithm. All these, you can learn through cryptography. It is a broad topic and its application in the form of cryptocurrency is one of the major advances of the last decade. The use can increase fourfold in the coming years, no doubt.

Digital currency is also used as part of dubious settings such as illegal online businesses, such as Silk Street. The first Silk Street was closed in October 2013 and since then two other forms have been used. In the year following the closing of Silk Street, the number of dark markets in unmistakables expanded from four to twelve, while the size of drug shipments expanded from 18,000 to 32,000.

Darknet markets present legal challenges. Bitcoins and different types of digital money used as part of dark markets are not known or legally mandated everywhere in the world. In the US, bitcoins are referred to as “virtual assets”. This dubious arrangement gives weight to law enforcement offices around the world to accommodate the mobile exchange of black market drugs.

Stages of a Market Mania

What is mania? It is defined as a mental illness characterized by excitement, euphoria, delusion and overactivity. When investing, investment decisions are driven by fear and greed, without analysis, reason or balance sheeting the results of risks and rewards. The craze usually runs parallel to the development of the product business, but the timing can sometimes be wrong.

The boom of the late 90s and the cryptocurrency boom of today are two examples of a craze operating in real time. These two events will be highlighted at each stage in this article.

Ideas stage

The first stage of a mania starts with a big idea. The idea is not yet known to many people, but it is a great opportunity to make a profit. It is usually translated as unlimited profits, because “nothing like it has ever been done.” The Internet was one such case. People who used the paper systems of the time were skeptical “how can the Internet replace such a well-known and entrenched system?” It begins to build the backbone of the idea. The idea came back to the modems, servers, software and web sites needed to access something tangible. Investments made at the idea stage start out looking poor and are made by “knowers”. In that case, they can be viewers and people working on the project.

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

The options

The first websites were crude, limited, slow and annoying. Skeptics would look at the words “information superhighway” being thrown around by the auditors and think “how can that really be useful?” The overlooked element here is that ideas start out as the worst, and eventually evolve into something better. Sometimes this is due to better technology, greater scale and cheaper costs, better applications of the product in question, or product familiarity combined with great marketing. On the investment side, early adopters are coming in, but there is still no euphoria and astronomical returns. In some cases, the investments have yielded a decent return, but not enough to get the masses to jump on the bandwagon. It’s similar to slow internet connections in the 1990s, internet website crashes, or incorrect information in search engines. In the world of cryptocurrencies, high mining costs of coins, slow transaction times, and account hacking or theft are common.


The internet starts saying this and “.com” is the hot new thing. Products and tangibility are being built, but due to the massive scale involved, it would be a huge expense and time before everyone could use it. The investment side of the equation begins to precede business development, as markets discount the potential of the business at the price of the investment. The euphoria is starting to materialize, but only among the first-timers. This is happening in the cryptocurrency world with the explosion of new “altcoins” and the huge media press that is getting the space.


This stage is dominated by the parabolic and potential returns that the internet offers. Not much thought is given to implementation or issues because “the returns are huge and I don’t want to miss out.” The words “irrational exuberance” and “mania” are starting to become commonplace as people are buying out of sheer greed. Bad and negative risks and largely ignored. The symptoms of the mania are: any company in its name is red hot, analytics are thrown out the window in favor of optics, investment knowledge appears less and less among new entrants, there are expectations of 10 or 100 bagger returns. common and few people actually know how the product works or works. This has happened in the world of cryptocurrencies with the return of late 2017 and fluctuations in the shares of companies that have appeared hundreds of percentage points using “blockchain” in their name. There are also “reverse takeover offers,” where shell companies listed on an exchange but dormant change their names to something involving blockchain, and the shares are suddenly actively traded.

The Crash and Burn

The new product business scene is changing, but not as fast as the investment scene is changing. Eventually, a change in mentality appears and a huge sales spree begins. Volatility is huge, and many “weak hands” and removed from the market. Suddenly, analytics are being used again to justify that these companies are worthless or ‘overvalued’. Fear spreads and prices accelerate downward. Companies that don’t make a profit and survive on hype and future prospects implode. Incidents of scams and fraud to capitalize on greed come to light, causing more fear and selling of securities. Businesses with money are quietly investing in the new product, but the pace of progress is slowed because the new product is an “ugly word” unless the profits are convincingly demonstrated. This is happening in the cryptocurrency world with the collapse of loan schemes using cryptocurrency and larger incidents of coin theft. Some marginal coins are failing in value due to their speculative nature.


At this stage, the investment landscape is littered with stories of losses and bad experiences. Meanwhile, the great idea is becoming tangible and for the companies that use it, it’s a boom. It begins to establish itself in daily activities. The product starts to become the standard and viewers say it’s a real “information superhighway”. The average user notices the improvement in the product and starts taking it en masse. Companies with a real profit strategy take a hit in the crash and burn phase, but if they have the cash to survive, they make it through the next wave. This has not happened in the cryptocurrency world yet. The expected survivors are those with a tangible business case and corporate backing, but it remains to be seen who the companies and coins are.

The Next Wave – Business catches up with the ups and downs

At this stage, the new product is standard and the profits are obvious. The business case is based on profit and scale rather than the idea. A second wave of investment appears, starting with the survivors and expanding into another initial mania. The next phase was social media companies, search engines and online shopping, all of which are derivatives of the original product – the internet.


Manias work in a pattern that behaves in a similar way over time. Once you know the stages and thought process of each one, it’s easier to understand what’s going on and investment decisions become clearer.

Why did banks ban cryptocurrency purchases using their credit cards?

The wave of banks banning the purchase of cryptocurrency using credit cards is growing as Wells Fargo joins these types of bans. Several other banks such as Chase, Bank of America, Citigroup and more are part of this new trend that is limiting the purchase of cryptos.

Debit cards can still apparently be used to buy crypto (check with your bank to confirm their policy), but using credit cards to buy crypto has taken a turn with these bans on purchases by these banks, and it probably won’t be long before this ban becomes standard. until

Apparently, overnight purchases began to be canceled when credit cards were used to buy crypto, and people who had never had a problem with credit cards before buying crypto began to notice that they were not allowed to make such purchases. Volatility in the cryptocurrency market is the culprit here, and banks don’t want people to spend a lot of money that will turn into a fight to get back if there is a big cryptocurrency drop like earlier this year.

Of course, these banks will also lose the money to be made when people buy cryptocurrency and the market is booming, but they seem to have decided that the bad outweighs the good when it comes to taking this gamble with their credit cards. This also protects the consumer by limiting their ability to get into financial trouble by using credit to buy something that could leave them with cash and poor credit.

Most investors who used credit cards to make cryptocurrency purchases were probably looking for short-term gains, and had no intention of staying long-term. They expected to get in and out quickly, then pay off their credit cards before the high interest started. But with the constant volatility of the cryptocurrency market, many who bought, considering this plan, lost a huge amount. assets with market decline. Now they are paying interest on their lost money, which is never a good thing. This, of course, was bad news for banks, and led to the current and growing trend of banning crypto purchases with credit cards.

The lesson here is that you should never have the highest line of credit to invest in crypto, and only use a percentage of your hard assets to make crypto purchases. These funds should be funds that you can lock away for the long term without hurting your budget.

So don’t get caught out only to find that a downturn in the cryptocurrency you’ve been putting money into that you’ll soon need has taken money out of your pocket. There’s an old saying, “Don’t gamble with money you can’t afford to lose,” and that’s the lesson banks want people to learn as they venture into this new frontier of investing.

Cryptocurrencies To Get Started

Investing in the cryptocurrency market space is complex, especially for traditional investors. This is because investing in Cryptocurrency directly requires using new technology, tools and adopting some new concepts.

If you decide to dip your toes into the world of CryptoCurrency, you need to have a clear picture of what to do and what to expect.

Be it Bitcoin, Litecoin, Ethereum or any of the 1300 tokens, buying and selling cryptocurrencies requires choosing an Exchange that deals in the products you want.

As the most famous decentralized cryptocurrency, Bitcoin dominates the crypto space so much that the terms crypto and bitcoin are sometimes used interchangeably. However, the point is that there are other cryptocurrencies for crypto investments.


Litecoin, also referred to as the “gold of silver Bitcoin”, is an open source decentralized payment network that works without the involvement of intermediaries.

How does Litecoin compare to Bitcoin? Well, both are similar in many ways, however Litecoin’s block generation is much faster than Bitcoin’s. This is opening investors around the world to accept Litecoin.

Charlie Lee, a former Google engineer founded Litecoin in 2011. Although Litecoin lacks the anonymity technology of Bitcoin, recent reports have shown that Litecoin is favored behind bitcoin due to its durability. Another factor that favors Litecoin is the Bitcoin SegWit technology, which means secure peer-to-peer currency trading without exchange participation.


Launched in 2015, Ethereum is a decentralized software platform that enables distributed applications and smart contracts to operate without third-party interference. The coin is like an accelerator within the ethereum platform. Ethereum’s top cryptocurrency sites. It is the second most preferred option after Bitcoin.


Zcash gained attention in the latter part of 2016 and focuses on solving the problem of anonymous transactions. To understand the currency, let’s consider “if bitcoin money is like HTTP, Zcash is HTTPS”.

The currency offers the option of protected transaction to maintain transparency, privacy and security of transactions. This means that investors can transfer data in the form of encrypted code.


Originally known as darkcoin, Dash is a more selective version of bitcoin. It was launched in January 2014 by Evan Duffield under the name Xcoin. Also known as Decentralized Autonomous Organization or simply DAO. The coin wanted to eliminate all the limitations that prevailed in Bitcoin. Today, Bitcoin has gained a prominent position in the cryptocurrency space.

Cryptocurrency is an alternative to virtual currency that promises secure and anonymous transactions through a peer-to-peer network. The key to making a lot of money is making the right investment at the right time. Compared to everyday money making, the cryptocurrency model works without involving any middle man as a decentralized digital mechanism. In this distributed cryptocurrency mechanism, continuous activity is issued, managed and accepted by the peer-to-peer network of the community. Cryptocurrency is known for fast transactions in any other form, such as digital wallets and other media.

Apart from the one discussed above, other major cryptocurrencies are Monero (XMR), Bitcoin Cash (BCH). EOS and Ripple (XRP).

Although Bitcoin is the trendsetter and the leader of the race, other currencies have also made their significant position and are growing in preference every day. Given the trend, other cryptos will have a long way to go and will soon give Bitcoin a real tough time to maintain its position.

If you have decided to make a speculative investment in this disruptive technology and want to have all current and future recommendations, connect with “The Top Coins”.

Thinking of investing? Think Bitcoin Road

What is Bitcoin?

If you’re here, you’ve heard of Bitcoin. It’s been one of the most frequent news stories of the last year or so – as a get-rich-quick scheme, the end of finance, the birth of a truly international currency, the end of the world or improved technology. world. But what is Bitcoin?

In short, it could be said that Bitcoin is the first decentralized monetary system used for online transactions, but it will probably be useful to dig a little deeper.

We all know, in general, what ‘money’ is and what it is used for. The most significant problem seen in the use of money before Bitcoin is that it is centralized and controlled by a single entity: the centralized banking system. Bitcoin was invented in 2008/2009 by an unknown creator nicknamed ‘Satoshi Nakamoto’ to bring decentralization to money on a global scale. The idea is that the currency can be traded on international lines without any difficulty or fees, checks and balances would be distributed around the world (only on the books of private corporations or governments), and money would become more and more democratic. equally accessible to all.

How did Bitcoin start?

The concept of Bitcoin, and cryptocurrency in general, was started in 2009 by an unknown researcher named Satoshi. The reason for the invention was to solve the problem of the centralization of the use of money, which was based on banks and computers, which many computer scientists were not happy about. Decentralization has been attempted since the late 90s without success, so when Satoshi published a paper in 2008 providing a solution, it was well received. Today, Bitcoin has become a popular currency for internet users and has spawned thousands of ‘altcoins’ (non-Bitcoin cryptocurrencies).

How is Bitcoin made?

This is done through a process called Bitcoin mining. Just as paper money is obtained through printing, and gold is extracted from the ground, Bitcoin is created through “mining”. Mining involves solving complex mathematical problems about blocks using computers and adding them to a public ledger. When it started, a simple CPU (like your home computer) was all that was needed to mine, however, the level of difficulty has increased significantly and now you’ll need specialized hardware, including a high-end Graphics Processing Unit (GPU). withdraw Bitcoin

How do I invest?

First, you need to open an account with a trading platform and create a portfolio; You can find some examples by searching Google for “Bitcoin trading platform” – they generally have names with “coin” or “market”. Once you enter one of these platforms, you click on assets, then click on crypto to choose your desired currency. There are many very important indicators in every platform, which you should observe before investing.

Just buy and hold

While mining is the safest and, in some ways, the easiest way to earn Bitcoin, there is too much fuss involved, and the cost of electricity and specialized computer hardware makes it out of reach for most of us. To avoid all this, make it easy for yourself, enter the amount you want directly from your bank and click “buy”, then sit back and watch your investment grow as the price changes. This is called a trade-off and it happens often. exchanges platforms available today, with the ability to trade between fiat currencies (USD, AUD, GBP, etc.) and different crypto coins (Bitcoin, Ethereum, Litecoin, etc.).

Bitcoin trading

If you are familiar with stocks, bonds or forex exchanges, then you will easily understand crypto trading. There are Bitcoin brokers such as e-social trading, FXTM and many others that you can choose from. Platforms offer you Bitcoin-fiat or fiat-Bitcoin currency pairs, for example BTC-USD means exchanging Bitcoins for US dollars. Keep an eye on price changes to find the perfect match based on price changes; The platforms offer price among other indicators to give you the right trading advice.

Bitcoin as a stock

There are also organizations that allow you to buy shares in companies that invest in Bitcoin – these companies trade back and forth, and you just invest in them and wait for your monthly benefits. These companies pool the digital money of different investors and invest on their behalf.

Why should you invest in Bitcoin?

As you can see, investing in Bitcoin requires some basic knowledge of the currency, as explained above. As with all investments, there is risk involved! The question of whether to invest or not depends entirely on the individual. However, if I were to give advice, I would favor investing in Bitcoin, with one reason why Bitcoin continues to grow; Although there has been a significant boom and bust, it is very likely that Cryptocurrencies as a whole will continue. increase in value over the next 10 years. Bitcoin is the largest and most popular of all cryptocurrencies today, so it’s a good place to start, and the safest bet, today. Although volatile in the short term, I suspect you will find Bitcoin trading more profitable than most other businesses.

Preparing for a Cryptocurrency World: China Edition

Over the past year, the cryptocurrency market took some heavy punches from the Chinese government. The market took the hits like a warrior, but the combinations have affected many cryptocurrency investors. The market’s poor performance in 2018 pales in comparison to 2017’s stellar 1,000 percent gains.

what happened

Since 2013, the Chinese government has taken steps to regulate cryptocurrency, but nothing compared to what was enacted in 2017. (See this article for a detailed analysis of the official statement issued by the Chinese government)

2017 was a busy year for the cryptocurrency market with all the attention and growth it received. Extreme price volatility forced the Central Bank to take more extreme measures, including a ban on initial coin offerings (ICOs) and restrictions on domestic crypto exchanges. Soon after, Chinese mining factories were forced to shut down, citing excessive electricity consumption. Many exchanges and factories have moved overseas to avoid regulation, but have remained accessible to Chinese investors. However, they still do not escape the clutches of the Chinese Dragon.

In the latest government-led efforts to monitor and ban cryptocurrency trading among Chinese investors, China rolled out “Eagle Eye” to monitor foreign cryptocurrency exchanges. Companies and bank accounts suspected of transacting with foreign crypto exchanges and related activities face measures ranging from limiting withdrawal limits to account freezes. There have also been persistent rumors among the Chinese community of stricter measures to be imposed on foreign platforms that allow trading among Chinese investors.

“We will have to wait for orders from higher authorities to know whether there will be further regulatory measures.” Excerpts from an interview with the team leader of China’s Public Information Network Security Supervision Agency under the Ministry of Public Security, February 28.


Imagine your child investing their savings in a digital product (in this case, cryptocurrency), with no way to verify its authenticity and value. He could get lucky and get rich, or he could lose everything when the crypto bubble bursts. Now scale that up to millions of Chinese citizens and we’re talking billions of Chinese Yuan.

The market is full of scams and useless ICOs. (I’m sure you’ve heard the news of people sending coins to random addresses and nonsensical ICOs with promises to double). Many unknown investors are in it for the money and could care less about the technology and innovation behind it. The value of many cryptocurrencies comes from market speculation. In the crypto boom of 2017, participate in any ICO with a famous advisor, a promising team or a decent hype and you are guaranteed at least 3X your investments.

A lack of understanding of the business and the technology behind it, coupled with the proliferation of ICOs, is a recipe for disaster. Members of the Central Bank have reported that almost 90% of ICOs are fraudulent or involve illegal fundraising. My guess is that the Chinese government wants to make sure that cryptocurrency remains “controllable” and is not too big to fail in the Chinese community. China is taking the right steps towards a safer and more regulated cryptocurrency world, albeit aggressive and controversial. In fact, it may be the best move the country has made in decades.

Will China issue an ultimatum and make cryptocurrency illegal? I highly doubt doing that as it is quite pointless. Currently, financial institutions are prohibited from holding any crypto-asset while individuals have permission, but are prohibited from trading in any form.

A State Cryptocurrency Exchange?

The annual “Two Sessions” (the two main parties: the National People’s Congress (NPC) and the National Committee of the Chinese People’s Political Consultative Conference (CPCC) are both named because they participate in the forum held in the first week of March. meet to discuss the latest issues and make the necessary changes to the law.

NPCC member Wang Pengjie delved into the prospects of a state-owned digital asset trading platform, as well as launching educational projects on blockchain and cryptocurrency in China. However, the proposed platform would require an authenticated account to enable trading.

“With the establishment of related regulations and the cooperation of the People’s Bank of China (PBoC) and the China Securities Regulatory Commission (CSRC), a regulated and efficient cryptocurrency exchange platform would serve as a formal way for companies to raise funds (through ICOs) and investors for their digital assets. to achieve content and capital appreciation” Excerpts from Wang Pengjie’s presentation in both sessions.

March towards a Blockchain Nation

Governments and central banks around the world have struggled to deal with the growing popularity of cryptocurrencies; but one thing is certain, everyone has accepted the blockchain.

Despite the cryptocurrency crackdown, blockchain is gaining popularity and adoption on many levels. The Chinese government is supporting blockchain initiatives and embracing the technology. In fact, the People’s Bank of China (PBoC) has been working on a digital currency and has conducted simulated transactions with some of the country’s commercial banks. It is yet to be confirmed whether the digital currency will be decentralized and offer cryptocurrency features such as anonymity and immutability. It wouldn’t be surprising if it was just a digital Chinese Yuan, anonymity is the last thing China wants in its country. However, created as a close replacement for the Chinese Yuan, the digital currency will be subject to existing monetary policies and laws.

Governor of the People’s Bank of China, Zhou Xiaochuan. Source: CNBC

“Many cryptocurrencies have experienced explosive growth, which can have a huge negative impact on consumers and retail investors. We don’t like (cryptocurrency) products that take advantage of the huge opportunity for speculation that gives people the illusion of getting rich overnight” Zhou Xiaochuan interview on Friday, March 9 .

In a media appearance on Friday, March 9, the governor of the People’s Bank of China, Zhou Xiaochuan, criticized cryptocurrency projects that took advantage of the crypto boom to cash in and fuel market speculation. He also stated that the development of digital currency is “technologically inevitable”.

Regionally, many cities in China are promoting blockchain initiatives to promote growth in their region. Hangzhou, known for being home to Alibaba, has announced blockchain technology as one of the city’s top priorities in 2018. They have also proposed to the local government of Chengdu city to build an incubation center to promote the adoption of blockchain technology. city ​​financial services.

Local conglomerates Tencent and Alibaba have also formed partnerships with blockchain companies or started projects of their own. Blockchain companies like VeChain have also secured multiple partnerships with Chinese companies to improve supply chain transparency in China.

All signs point to China working towards a blockchain nation. China has always had an open mentality towards emerging technologies such as mobile payment and Artificial Intelligence. Going forward, China will undoubtedly be the first blockchain-enabled country. Will we see the Chinese government back down and allow citizens to trade again? Probably when the market matures and is less volatile but definitely not in 2018.

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

One of the basic precepts of blockchain technology is to provide users with complete privacy. Bitcoin as the first decentralized cryptocurrency was based on this premise to market itself to a wider audience that then needed a virtual currency without government intervention.

Unfortunately, along the way, Bitcoin proved to have several weaknesses, including a lack of scalability and a fickle blockchain. All transactions and addresses are recorded on the blockchain, making it easier for anyone to connect the dots and reveal private user details based on existing records. Some governmental and non-governmental agencies are already using blockchain analytics to read data from the Bitcoin platform.

Bugs like these make developers look for alternative blockchain technologies with better security and speed. One such project is Monero, commonly represented by the ticker XMR.

What is Monero?

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

Address stealth refers to the creation of a single address for a single transaction. Cannot pin two addresses in a single transaction. The received coins are deposited into a completely different address, so that the whole process is not clear to the outside observer.

Ring signature, on the other hand, refers to mixing account keys with public keys, thus creating a “ring” of multiple signers. This means that a monitoring agent cannot associate a signature with a particular account. Unlike cryptography (the mathematical method of securing crypto projects), ring signature is not the new kid on the block. Its principles were studied and documented in a 2001 paper by the Weizmann Institute and MIT.

Cryptography has won the hearts of many developers and blockchain enthusiasts, but the truth is that it is still a nascent tool with little use. Since Monero uses the already proven Ring signature technology, it has distinguished itself as a legitimate project worth adopting.

Things to know before starting to trade Monero

The Monero Market

The market for Monero is similar to other cryptocurrencies. If you want to buy, Kraken, Poloniex and Bitfinex are some of the exchanges to visit. Poloniex took over first, followed by Bitfinex and finally Kraken.

This virtual currency is mostly shown pegged to the dollar or against other cryptos. Some of the available pairings include XMR/USD, XMR/BTC, XMR/EUR, XMR/XBT and many more. This currency records very good trading volume and liquidity statistics.

One of the good things about XMR is that anyone can participate in mining either individually or by joining a mining pool. Any computer with reasonably good processing power can mine Monero blocks with some bugs. Don’t worry about ASICS (Application Specific Integrated Circuits) which are now mandatory for Bitcoin mining.

Price volatility

Despite being an awesome cryptocurrency network, it is not that unique when it comes to volatility. Almost all altcoins are very volatile. This should not worry avid traders, this factor is what makes them profitable in the first place: you buy when prices are down and sell when they are up.

In January 2015, XMR was trading at $0.25 and in May 2017 it hit $60 and is currently hovering above the $300 mark. The Monero coin recorded an ATH (all-time high) of $475 on January 7th, before starting to fall along with other cryptocurrencies to $300. At the time of this writing, almost all decentralized currencies are in a price correction phase between $10-11k of Bitcoin from its glorious ATH of $19,000.

Fungibility and adoption

Thanks to its ability to provide reliable privacy, many people have adopted XMR to easily replace their coins with other currencies. In simple terms, Monero can easily be exchanged for something else.

All Bitcoins on the Bitcoin Blockchain are recorded down, so when an incident such as a theft occurs, all the coins involved are no longer functionally exchangeable. With Monero, you cannot tell one coin from another. Therefore, a seller cannot reject any of them because it has been associated with a bad incident.

The Monero blockchain is one of the most trending cryptocurrencies today with a huge number of followers. Like most other blockchain projects, its future looks bright, even in the face of government crackdowns. As an investor, you should do your due diligence and research before trading in any Cryptocurrency. Whenever possible, seek the help of financial experts to get you on the right track.

Best ICO of 2018 – This Cryptocurrency Will Disrupt Wall Street

As we begin to see the rise of cryptocurrency trading, more and more new digital assets are being built every day. The concept of this is absolutely brilliant, we are left with a big problem for many, they will find less and less real quality investment opportunities in the crypto market. It seems more and more public that only 15% of the major cryptocurrencies will retain a significant value over time.

The reality of the ICO is a new idea, but we need to see a big change unfold to offer the security seen with traditional investment tools. The fact that we are in a playing field where governments or authorities cannot regulate these digital assets opens the door to fraudsters and contrarians. This is the main problem with ICOs, even companies that may offer a legitimate product or service can end up wasting investors’ money and leaving token owners stuck with an asset that doesn’t really have any value. This is what the Dibbs ICO promises to solve along with many other promises, to change the state of the world through blockchain development.

Dibbs ICO is introducing to the public an erc20 token with some special features. These tokens are able to be sold to the issuer for payment in bitcoin or ether. This will be managed through smart contracts, which will increase the level of security for investors by providing a sure source for liquidating their holdings! The concept is simple and genius! The reason for this development is for Dibbs llc to demonstrate its ability to create digital assets that offer the same and certain benefits as traditional investments, but with higher returns, immediate liquidity and the ability to create new benefits that may be unique. to each token. Dibbs will manage the startup as they oversee companies looking to launch on their platform, ensuring that what is promised is delivered as we embark on the final phase of making the entire system autonomous.

With Dibbs token you are able to get a part of every offer that will be launched from this platform! That’s the added bonus behind the Dibbs token, it’s a no-brainer to see huge returns in the future. The point is that no other offer will ever come with such incredible benefits. With the release of am altcoin through an ICO, a portion of the total supply is set aside and also used to pay Dibbs company for its asset production service. In turn, these holdings are distributed to Dibbs token holders in proportion to their holdings.

All I have to say is wow! I’ve gone ahead and made this company a focal point for my partners in the financial sector, and it’s been well received by all. I have personally invested over $5,000 USD in this offering by buying tokens at presale prices. The ICO won’t start until September 2018, but if you join today you’ll benefit greatly by saving up to 200%.

To learn more about this company, check out their website at

Dibbs Coin Offer –