Is now a good time to buy bitcoins?

If you’ve been following the news at all over the past month or so, you’ve undoubtedly seen a story or two about Bitcoin. For years, this cryptocurrency has been a favorite among fans of Magic The Gathering and those who want to deal with their chemical addiction without being caught by the authorities.

Bitcoins are finding their way into the mainstream markets with each passing day and are poised to become a true alternative to government issued money. On top of that, there’s an ever-growing Bitcoin “stock exchange” that makes savvy day traders a fortune. Could you be one of these day traders? Will Your Favorite Online Store Ever Accept Bitcoins? Let’s take a look below to better understand why you should buy Bitcoins now.

Exchange rates are favorable for now

Most people who choose to buy bitcoins do so because of the value of the investment. A little over a year ago, bitcoins were worth about $40 each. Last month, the currency hit an all-time high of around $206 and is currently holding steady in the $100 range. The fortune is made by buying bitcoins and selling them at the right time.

Bitcoin’s mini-bubble burst last month, and it scared off a few novice investors; but this is actually a consistent phenomenon. The important thing to realize is that every time the currency recovers, it jumps to an even higher value. It is volatile; but very profitable. Plus, with a limited number of bitcoins in existence, the value is expected to continue to rise for the foreseeable future.

New websites are taking bitcoins every day

But what is driving this growth? This is not just speculation, it would cause Bitcoin to collapse like many other cryptocurrencies of the past. Bitcoin survives and continues to grow because it is actually accepted online. This is currently limited to individual outlets. Online clothing stores, service providers (coding, design, etc.) and other “new” products make up the majority of Bitcoin adopters so far; but they are only the first wave.

PayPal is currently trying to find a way to accept Bitcoin in its current model, and that could mean partner eBay isn’t far behind. This will lead to an explosion of Bitcoin usage online. But it also has an offline presence, with the first Bitcoin ATM opening earlier this month. Content aggregation site Reddit had a post earlier this week depicting a convenience store that had its own “We Accept Bitcoins” sticker, the only thing holding them back is better implementation.

Bitcoin is still in the “ground floor” stage.

The biggest reason why you should buy Bitcoin is that this currency is still on the ground floor. All indicators point to the currency seeing huge jumps in value and adoption in the near future. Those who have already invested in Bitcoin and those who are getting involved in the near future will see a huge return on their investment.

Will you make the wise choice, or kick yourself for missing out on the next big thing?

Two secrets to increasing revenue in your small business

If you are a small business owner and want to grow your business quickly, there are two ways you can do it without spending extra money on advertising. Continue reading to learn more.

Many small business owners are not marketing experts. They are entrepreneurs, the people with ideas and inspiration for everyone else they come in contact with. The default response for many small business owners is to go out and pound that pavement if they want more business. After all, if you want more money, you need more customers, right? Well, not always.

There are two other things you can do where you don’t need to increase the number of customers. In fact, many small businesses are maxed out and cannot accommodate more customers in their workload. Try these two things instead:

1. It’s growing the dollar amount of each customer’s order“This is where you’re really going to get in there, roll up your sleeves, and find out what else the customer wants.” Find out what their problem is and offer them MORE products or services that will solve that exact problem.

Suppose you own a hardware store. A customer walks in looking for a screw for 39 cents. You help them find it by spending 15 minutes with them and they leave happy. What if you ask them about the problem they are trying to solve. Maybe they were trying to hang a rusty bird feeder. You could show them your full line of rust-resistant bird feeders as well as a bag of premium seed, increasing that order from 39 cents to $39.

When you already have a customer in your business and they’ve already made a commitment to buy, that’s the time to work on solving their exact problem. The customer will be grateful and you’ll make a lot more money in the process.

2. Increase the frequency with which your current customers return to make another purchase– This is where you need to become a master of direct marketing. Using your current customer list, you will need to contact them regularly. Create call-to-action opportunities that get the customer off the couch and into your business. This can be achieved through limited-time coupons, contests, free consultations, entertainment and much more, all designed to bring them back. Loyalty programs would also fall into this category.

By doing just these two things, some businesses have doubled or tripled their revenue in just a few months. All you have to do is solve the customer’s problem perfectly and remind them often that you’re still in business.

International cryptocurrency regulations will create win-win situations

The background

Initial coin offerings on blockchain platforms have painted the world red for tech startups around the world. A decentralized network that can distribute tokens to users backing an idea with money is both revolutionary and rewarding.

Profit-spinning Bitcoin proved to be an “asset” for early investors, giving multiple returns in 2017. Cryptocurrency investors and exchanges around the world jumped at the opportunity, which gave them huge returns, leading to the rise of numerous online exchanges. Other cryptocurrencies such as Ethereum, Ripple and other ICOs have promised even better results. (Ethereum grew by more than 88x in 2017!)

While international commodity organizations brought millions of dollars into the hands of start-ups within days, the ruling governments initially chose to keep an eye on the fastest fintech development ever, which had the potential to raise millions of dollars in a very short period of time.

Countries around the world are considering regulating cryptocurrencies

But regulators have grown wary as the technology and its underlying effects have gained traction, as ICOs have begun to consider billions of dollars worth of funds — also on proposed plans written in white papers.

In late 2017, governments around the world jumped at the chance to intervene. While China has banned cryptocurrencies entirely, the SEC (Securities and Exchange Commission) in the US has highlighted the risks they pose to vulnerable investors and proposed treating them as securities.

A recent cautionary statement from SEC Chairman Jay Clayton issued in December cautioned investors by mentioning,


“Please also note that these markets span national borders and that significant trading may occur on systems and platforms outside of the United States.” Your invested funds can quickly travel abroad without your knowledge. As a result, risks may be increased, including the risk that market regulators, such as the SEC, may not be able to effectively prosecute bad actors or recover funds.”

This was followed by India’s concerns, with Finance Minister Arun Jaitley in February saying that India does not recognize cryptocurrencies.

A circular sent by the Reserve Bank of India to other banks on April 6, 2018, asked banks to sever ties with companies and exchanges involved in cryptocurrency trading or transactions.

In the UK, the FCA (Financial Conduct Authority) announced in March that it had formed a cryptocurrency task force and would take help from the Bank of England to regulate the cryptocurrency sector.

Different laws, tax structures in different nations

Cryptocurrencies are primarily coins or tokens launched on a cryptographic network and can be traded globally. While cryptocurrencies have more or less the same value around the world, countries with different laws and regulations can provide different returns for investors who may be nationals of different countries.

Different laws for investors from different countries would make calculating returns a tedious and cumbersome exercise.

This would involve investing time, resources and strategies, causing unnecessary prolongation of processes.

The solution

Instead of many countries creating different laws for global cryptocurrencies, there should be the constitution of a single global regulatory body with laws to apply across borders. Such a move would play an important role in improving legal cryptocurrency transactions around the world.

Organizations with global purpose like UN (United Nations), World Trade Organization (WTO), World Economic Forum (WEF), International Trade Organization (ITO) are already playing an important role in uniting the world on various fronts.

Cryptocurrencies were created with the basic idea of ​​transferring funds around the world. They have more or less similar value in the exchanges except for the minor arbitrage.

A global regulatory body to regulate cryptocurrencies worldwide is the need of the hour and can establish global rules to regulate the latest way of funding ideas. Currently, each country is trying to regulate virtual currencies through laws that are in the process of being drafted.

If the economic superpowers with other countries can build a consensus to introduce a regulatory body with laws that know no national boundaries, then this will be one of the biggest breakthroughs towards designing a crypto-friendly world and will encourage the use of one of the most -transparent financial technology system ever - blockchain.

A universal regulation consisting of subsections related to cryptocurrency trading, refunds, taxes, penalties, KYC procedures, exchange-related laws and penalties for illegal hacks can give us the following advantages.

  1. It can make calculation of profits extremely easy for investors worldwide as there will be no difference in net profits due to uniform tax structures

  2. Countries around the world can agree to share a certain portion of profits as taxes. Therefore, the states’ share of taxes collected will be the same throughout the world.

  3. It can save the time required to set up multiple committees, draft bills followed by deliberations in the legislative arena (such as the Parliament in India and the Senate in the US).

  4. You don’t need to go through the strict tax laws of every country. Especially those involved in multinational trade.

  5. Even companies offering tokens or ICOs will comply with the said “international law”. Therefore, calculating the income after tax would be easy for companies

  6. A global structure will require more companies to come up with better ideas, thus increasing job opportunities around the world.

  7. The law could be aided by an international watchdog or regulatory body for global currencies, which could have the power to blacklist an ICO offering that doesn’t adhere to the norms.

These are not all the advantages when it comes to a law to govern cryptocurrencies around the world. There are certain disadvantages as well.

Getting the world’s financial leaders to come together and draft a law could take time. Discussions and bringing them to consensus can be challenging

  1. Countries or economies providing tax-free structures may not agree to adopt the law that provides for a universal tax policy

  2. Global watchdog or regulatory intervention in monitoring ICO-related regulatory developments may not go down well with some countries

  3. Universal law can cause the world to split into factions. Countries that do not support cryptocurrency like China may not be part of it.

  4. The law may be a figment of the imagination of economically powerful nations who could design it to suit their best interests.

  5. This law will be centralized with a global regulatory body unlike cryptocurrencies which are decentralized in nature.

Conclusion

The world was together for the better. Whether it’s creating a peaceful world after World War II or uniting for better trade laws and treaties.

The International Trade Organization (ITO), the World Trade Organization and the World Economic Forum have some of the best minds defining the global economy.

They can come together and be part of a body that will determine the economic prosperity of the world. They will help draft global cryptocurrency norms and may be part of the regulatory body that will be a guide and beacon for thousands of ICOs around the world for the better. This may take time initially, but it will make things easier for later times.

Will crypto-based e-commerce destroy the banking industry dinosaur-style?

Banking as we know it, has been around since the first currencies were minted – perhaps even before that, in one form or another. Currency, specifically coins, is derived from taxation. In the early days of ancient empires, an annual taxation of one pig may have been reasonable, but as empires expanded this type of payment became less desirable.

However, since the Covid situation, it seems that not only have we moved to a ‘cashless’ society (as in who wants to handle potentially ‘dirty money’ in a shop) and with ‘contactless’ levels of credit card transactions now increased up to £45, and now even accepted small transactions, such as a daily newspaper or a bottle of milk, are paid for by card.

Did you know that there are over 5,000 cryptocurrencies in use already, and of these, Bitcoin features heavily in this list? Bitcoin, in particular, has had a very volatile trading history since it was first created in 2009. This digital cryptocurrency has seen a lot of action in its relatively short life. At first, Bitcoins were traded for almost no money. The first real price increase occurred in July 2010, when the valuation of one bitcoin went from around $0.0008 to around $10,000 or more per coin. Since then, this currency has seen some major ups and downs. However, with the introduction of so-called “stable” coins – those backed by the US dollar or even gold – this cryptocurrency volatility can now be brought under control.

But before we explore this new form of crypto-based e-commerce as a method of controlling and using our assets, including our “FIAT” currencies, let’s first look at how banks themselves have changed over the past 50 years.

Who remembers the good old checkbook? Before bank debit cards appeared in 1987, checks were the primary way to transfer assets with others in commercial transactions. Then with bank debit cards along with ATMs, acquiring your FIAT assets became much faster for online trading transactions as well.

The problem that has always been present with banks is that most of us need at least 2 personal bank accounts (a checking account and a savings account) and one for each business we own. Also trying to move money from your bank account “quickly” to say an overseas destination was sort of like SWIFT!

The other problem was the price. Not only did we have to pay a regular service fee for each bank account, but we also had to pay a hefty fee for each transaction, and of course, on very rare occasions, we would not receive any worthwhile interest on the money in our checking account.

On top of that, Overnight Trade, every night, with the help of expert financial traders (or, more recently, artificial intelligence (AI) trading systems), all OUR assets will be traded and with the economies of scale, the banks became the main earner of our assets – but not us! Explore the potential business that can be made from “OVERNIGHT Trading”.

So to sum up, not only are banks charging a hefty fee to store and move our assets, through the use of clever trading techniques, they are also making hefty profits from trading our money in the Overnight scheme that we don’t see advantage .

The other question is – do you trust your bank with all your assets?

How about what the Bank of Scotland, which was the National Bank of Scotland, now owned by Lloyds Banking Group, recently noted in a press release in September that read “Lloyds Bank asset fraud – the most serious financial scandal of modern times.”

Why not Google this website and then decide for yourself?

So, let’s now look at how a crypto-based e-commerce system should work and how the benefits enjoyed by banks with OUR money can become a major profit center for asset holders – the US!

10 years oldth October 2020 saw the launch of a major new crypto-based e-commerce company – FREEBAY.

In short, FreeBay, based in Switzerland, is a company incorporating its own Blockchain technology, with its own SAFE Crypto Coin (based on V999 technology) and allows its members to transfer their FIAT assets into Gold Bullion, removing the need to involve any BANK.

V999: blockchain-authorized digital gold; digital token backed by physical gold V999 Gold (V999) is a digital asset. Each token is backed by one-tenth of a fine gram of gold bullion held in vaults. If you own V999, you own the underlying physical gold that is being held. Additionally, FreeBay members can purchase packages that include powerful intelligence-based automated trading robots.

So now you can not only achieve complete independence from a standard BANK, but you can also trade, like banks, your digital gold assets, in the form of V999 Crypto tokens, on the OVERNIGHT systems, only now you, the owner of the asset, get the rewards, not the banks.

But there is another great advantage of trading V999 tokens. As you would be Generic owner of the token, so, like banks, every time a V999 token is traded (i.e. sold), say to buy Bitcoin or another crypto currency, a transaction fee is charged. Every time a transaction is made, the common owner of the V999 token receives a small percentage of this fee.

Note that once a trade is made and a V999 token is sold in exchange for, say, Bitcoin or another crypto coin, a small percentage of that transaction fee is paid to COMMON OWNER of that token (ie YOU). Because Freebay’s goal is to make V999 Token one of the most sought-after safe crypto coins, even after your Token has been sold to another merchant, as you are still Common owner of the V999 tokeneach time that Token is traded by another trader, you are the common owner of this token who receives trading commission.

This can not only create great Passive income to you, for life, but is Willable to your descendants – and not a conventional bank involved anywhere.

So, the more V999 tokens you buy and get into circulation, the bigger and better your residual income – not only for your life, but possibly for your dependents – can become a reality.

Interested enough to learn more? Then click here.

Crypto Signal Services – Choosing the Best

Crypto trading can be profitable when a trader manages to monitor the market around the clock. However, this is something that can be challenging, but luckily there are crypto signal services that can be used to offer the necessary trading assistance. They offer signals so that traders can make the right decisions with their trading at the right time for that matter. With cryptocurrency trading so popular, a number of crypto signal services have emerged. So how do you choose the best to offer valuable information to make your trading the most successful?

Quality of service

This is one of the most important factors to consider when choosing the services. A trading platform should have an impressive success rate and should also offer relevant signals to guide you through trades and market trends. Signals must also be sent in a timely fashion so that they match actual market activity. Check that they are generating alerts as quickly as possible; that makes all the difference.

Reliability

Remember that you will be trusting them to guide you with your trades and therefore you want to choose someone you can fully rely on to make a safe choice. This means that you should choose a provider that is 100% legitimate. A provider that says how it generates the signals is more reliable, whether they are expert traders or automated software. In a world full of scams, you really have to be careful who you choose to work with.

Free trial period

One of the best ways you can tell if a provider is genuine is by offering you a free trial of their services. This is true even when it comes to crypto trading. A provider that offers free signals for a certain period of time gives you a chance to determine the quality and reliability of the service. By trying before you invest, you enter the services with full trust and confidence. Legit signals will have no problems, giving you the freedom to decide whether to work with them or look elsewhere in case you are not happy with what you are getting.

Pricing

Even with a free trial, you’ll definitely need to subscribe to the services at some point. Avoid providers offering the signals for free as they may not be legitimate. However, you should also not be tricked into paying huge amounts for the subscription. Pricing should be reasonable for the quality of service you can enjoy. Do the math and do some research to make the right decisions in the end.

supports

Besides being available 24/7 for your assistance, they should be familiar with the digital currency exchange and the application they are offering you. Without this kind of support, you will still have trouble enjoying the value that the services are intended to add to you.

Evaluating ICO Tokens and the Misplaced Emphasis on Blockchain Technical Experts and ICO Advisors

The statistics could no longer be ignored. Most ICOs book and stay booked once the tokens hit the crypto exchanges, once the frenzy and “FOMO” attending the crowdsale has ended.

Most observers following the ICO phenomenon agree that the trend over the past few months has been for ICOs to lose value after the crowdsale, with many buyers waiting in vain for their promised “moon” once the cryptocurrency reaches an exchange portal.

What is not discussed, however, is the main reason why we are witnessing this phenomenon and what crowdsale participants, including the rating companies that most of us rely on to make our choices, must be wrong in choosing which ICO has the most value, or is most likely to increase in value after the crowdsale is over.

While there are many reasons one could legitimately propose for the phenomenon, there is one fact that I believe is probably more responsible for it than most other debatable reasons: the ICO token valuation and the undue emphasis on “blockchain experts,” “ICO advisors’ or ‘tech assistants’ for erc20 tokens.

I’ve always felt that the need for blockchain technical experts or ICO technical advisors is overstated or even completely irrelevant when a project is judged by these criteria, unless the project is actually trying to create a brand new coin concept. For most ERC20 tokens and clone coins, the really important consideration should be the business plan behind the token and the management background and executive profiles of the team leaders.

As anyone involved in the industry should know, creating an ERC20 token from Ethereum or similar tokens from other cryptocurrencies does not require great technical skills or some overpriced blockchain wizard (in fact, with the new software, an ERC20 Token can be made for -less than 10 minutes from a complete technical novice.

So the technical features should not be a big deal for the tokens anymore). The key should be the business plan; level of business experience; the competence of the project managers and the business marketing strategy of the main fundraising company.

Frankly, as a lawyer and business consultant for over 30 years to several companies worldwide, I cannot understand why people continue to look for some Russian, Korean or Chinese “Crypto Whiz” or “Crypto Advisor” to determine the strength of an ICO for what is essentially a crowdfunding campaign for a BUSINESS CONCEPT…

I’m of the firm opinion that this is one of the main reasons why most ICOs never live up to their pre-launch hype. In an age where token creation software, platforms, and freelancers abound, a disproportionate focus on the blockchain experience or technical ability of organizers is mostly misplaced. It’s like trying to gauge the likely success of a company based on the ability of its staff to create a good website or app. That train left the station long ago with the proliferation of tech workers on freelance sites like Guru; Upwork, Freelancer and even Fiverr.

People seemed too engrossed in the hype and technical qualifications of people promoting ICOs, especially ERC20 based Ethereum tokens, and then wondered why a technically superior Russian, Chinese or Korean could not fulfill the company’s business objective after the fundraising campaign.

Even many of our ICO rating companies seem to give a disproportionate number of points to the team member’s crypto experience, how many crypto advisors they have, and the ICO success experience they have on their team, instead of focusing on the core business model to be created with the funds collected

Once one realizes that over 90% of cryptocurrencies and ICOs out there are simply tokens created to crowdfund an idea and not just a token for the token’s sake, then people’s emphasis will shift from technical angles to more relevant work by assessment the business idea itself and a corporate business plan.

Once we move into this era of evaluation, before deciding whether to buy or invest in a cryptocurrency, we will then begin to evaluate the future prospects or value of our tokens based on sound business considerations such as:

– Swot analysis of the company and its promoters

– Managerial competence and experience of team leaders

– Strength of business idea beyond token creation

– The company’s marketing plan and strategy for selling these ideas

– The ability to supply the basic products to the market

– The customer base for the products and services that the company will create

– and a basis for projecting market acceptance

What most people fail to realize is that the potential for their tokens to increase in value post-ICO is not so much dependent on anything technical, but on good things happening in the company raising funds and the perceived increase in valuation of the company as he unfolds his business plan and delivers his business products.

Of course, buying cryptocurrency is not buying stock and it is not buying securities of any company. We understand this, but tokens react in much the same way that stocks react to good or bad news about a company. The only difference is that in the case of crypto, the effect is magnified 100 times.

So when a company reaches some kind of financial or business milestone, the price of its token on the exchange will rise… and fall rapidly when nothing good happens. So what the company will do and how it will do it after the ICO should be of utmost importance to anyone who doesn’t want to see the value of their tokens plummet and stay down forever.

Of course, the tokens most tokens will drop sharply after the tokens reach the crypto exchange after the ICO due to those who want to take immediate profits, but whether it will ever come back to give you the expected multi-digit profits will always depend on the criteria Now I outlined above. Once you have purchased a token, the value of “crypto advisors” and “tech assistants” goes to zero in terms of the potential of your moon tokens.

Following this reality, I think a smart crypto buyer or investor should focus less on how many crypto advisors a project has or how technically sound the team is (unless the highlighted business of the company is technical in nature) and focus more on management, marketing and potential customer base of the company raising funds through ICO.

In other words, allocate more points to the business and management side of the ICO rather than the technical jargons that won’t help your token in the market when the money is raised!

How to make money from bitcoin online

It is now the eve of 2018 and Bitcoin is on top of the mountain. The bad days seem to be over, and although a Bitcoin bubble could happen at any time, there is no disputing that the cryptocurrency is here to stay. The sooner you get involved in making money from Bitcoin, the better positioned you will be in 5 years when it becomes an established currency globally.

And if the bubble scares you, investing in Bitcoin is just one option, but not the only one. Bubble or not, you can still make tons of money from Bitcoin. And bubble or not, the value will go up in the future because people are just getting into it.

Make your own bitcoin faucet

Earning Potential: $50 to $800 per month.

A bitcoin faucet is a project where you create a website or app for users to visit. You earn from the site with ads that pay in bitcoins. Ads pay a small amount of bitcoins for a page view, click or conversion.

To encourage a large number of visitors to continue browsing the site on a daily and hourly basis, you offer to split the ad revenue with them by paying in satoshis, which are effectively bitcoin cents. To claim their winnings, the user needs to earn a certain amount of satoshis and payouts are made on a weekly basis.

Faucets pay between 100,000 and 400,000 satoshis per hour. Some offer premium payments for seniority or task achievements.

The faucets started working by solving the captcha and nothing else. Very boring passive income task. New faucets are built in games when users kill aliens, feed creatures or kill robots to earn satoshis, the more they progress in the game, the more they earn. So this is a great idea for your own faucet.

The day when every video game player gets paid to play is just around the corner.

Take into account that Bitcoin faucets tend to default due to insufficient funding or liquidity. Faucet owners aren’t getting paid fast enough to pay a rapidly growing user base. They also tend to be hot targets for hackers.

Generate passive income from your bitcoin blog

Since bitcoin is so new compared to other targeted content, there is a lot of room for new bloggers and sites. New Bitcoin related businesses are popping up every day; everything from bitcoin exchanges, trading, play money sites, faucets, online stores and mining are keen for your ad space.

Bitcoin blog creation and monetization may be slow at first, but consistently posting rich content will get some advertisers interested in no less than 9 months.

You can join some affiliate programs or create your own bitcoin store. Bitcoin faucets, wallets and exchanges pay large commissions per referred user.

Small profits from bitcoin faucets

My first tip was to create your own faucet. If that is too difficult, then try joining one and reap its benefits. Instead of making around $800 a month, it would be more like $30 to $100 a month from a monotonous task, but it’s still money and a first step to start building your bank.

Note that bitcoin faucets are usually faulty and disappear very quickly. So be sure to join some reputable ones like Robotcoin.com and BitcoinAlien.com. They are also fun because you can play games while earning, my biggest recommendation is robotcoin.

Create an online store for a bitcoin product or service

Bitcoin is still difficult to monetize in USD and other hard currencies. Not that it’s extremely difficult, but it does add some fees and taxes to the process. Although it is still one of the cheapest ways to send money anywhere in the world.

Buying things with Bitcoin is a great way to make something useful out of it and helps to skip the exchange fees and taxes. Especially if you can then resell those goods and turn them into hard cash.

There is a great business opportunity in selling goods paid in bitcoins at low prices or in bulk. All you need is a Bitcoin merchant for your Shopify or WooCommerce store like BitPay.com. Shopify now comes with BitPay.

What is blockchain?

Blockchain is an irrefutable inventive invention that is practically revolutionizing the global business market. Its evolution has brought with it a greater good not only for the business but also for its beneficiaries. But since it is a revelation to the world, the vision of its operational activities is still unclear. The main question on everyone’s mind is – What is Blockchain?

To begin with, Blockchain technology serves as a platform that allows the transit of digital information without the risk of copying. It somehow laid the foundation for a strong backbone of a new kind of internet space. Originally created to deal with Bitcoin – trying to explain to the layman the functions of its algorithms, hash functions and digital signature properties, today technology enthusiasts are finding other potential applications of this impeccable invention that could pave the way to the beginning of a whole new business process in the world.

Blockchain, by definition in all respects, is a type of algorithm and data distribution structure for managing electronic money without the intervention of any centralized administration, programmed to record all financial transactions as well as everything of value.

Blockchain work

Blockchain can be understood as a Distributed Ledger technology that was originally created to support the Bitcoin cryptocurrency. But after heavy criticism and rejection, the technology was retooled for use in more productive things.

To give a clear picture, imagine a spreadsheet that is practically magnified tons of times in multiple computing systems. And then imagine that these networks are designed to update this spreadsheet from time to time. That’s exactly what blockchain is.

The information stored in a blockchain is a shared sheet whose data is matched from time to time. This is a practical way that speaks of many obvious advantages. To be together, blockchain data does not exist in one place. This means that everything stored there is open to public inspection and inspection. Also, there is no centralized information storage platform that hackers can damage. In practice, it has access to over a million computing systems side by side, and its data can be viewed by anyone with an Internet connection.

Blockchain sustainability and authenticity

Blockchain technology is something that minimizes the internet space. It’s a chic, robust character. Similar to offering data to the general public via the World Wide Web, blocks of authentic information are stored on a blockchain platform that is equally visible across all networks.

It is important to note that blockchain cannot be controlled by a single person, entity or identity and has no single point of failure. Just as the Internet has proven to be a durable space for the past 30 years, blockchain will also serve as an authentic, trusted global stage for business transactions as it continues to evolve.

Transparency and incorruptible nature

Industry veterans argue that blockchain lives in a state of consciousness. In practice, it is checked from time to time. It’s similar to a self-auditing technology where its network reconciles each transaction, known as a block, that happens on board at regular intervals.

This gives birth to two main properties of the blockchain – it is very transparent and at the same time it cannot be damaged. Every transaction that takes place on this server is embedded in the network, making everything visible at all times to the public. Furthermore, editing or omitting blockchain information requires a huge amount of effort and strong computing power. Against this backdrop, frauds can be easily identified. Therefore, he is called incorruptible.

Blockchain users

There is no set rule or regulation on who should or can use this flawless technology. Although its potential users are currently only banks, trading giants and global economies, the technology is also open to everyday transactions of the general public. The only drawback blockchain faces is global adoption.

Benefits of Panaesha Capital Exchange (PCEX).

The cryptocurrency market boomed in 2017-2018; the total market cap of cryptocurrencies reached $700 billion last year. With the huge market potential offered by cryptocurrencies, digital currency trading is booming and several crypto exchanges have been launched within a year and more are under development. Crypto exchanges are platforms where traders can exchange cryptocurrencies for other cryptocurrencies or fiat money.

Panaesha Capital Exchange (PCEX) is a cryptocurrency trading platform due to launch in Q3 2018. PCEX is secure, fast, provides high liquidity and uses a brokerage channel for added security. The platform is a one-stop trading solution; offering both cryptocurrency to cryptocurrency exchange and cryptocurrency to fiat currency trading.

Advantages of PCEX

A multifunctional exchange platform

Many crypto-exchanges, even well-known platforms, only support crypto-to-crypto transactions, forcing traders to conduct their activities on multiple exchanges. Crypto traders first buy cryptocurrencies for fiat money on a certain platform and then spread the currencies across several trading platforms to provide liquidity and profit. To convert digital currencies to fiat, traders have only a few platforms to choose from. PCEX is a complete solution offering high liquidity; crypto-traders can do all their trades on one platform and substantial returns will also be ensured.

High liquidity

To promote the liquidity of PCEX digital assets, the platform embodies all the key attributes of a fast-growing exchange;

Easy user interface to simplify the transaction process. PCEX is built similar to the format of the National Stock Exchange for familiarity.

Low transaction fees (PCEX insists on very few trading fees on the platform).

Advanced buying and selling process through a superior matching engine. Trade orders will be matched quickly on the platform.

High caliber order matching

PCEX users are offered the limit trading procedure so that they can buy or sell assets at a price determined by them; the matching engine will try to improve the sale by matching the user’s trade with a better price for a limited time. The limited time will be set by the traders, after which the trade order will be removed from the platform. PCEX has the ability to quickly match orders through a superior order matching engine.

Affordable fees

To trade on PCEX, crypto traders will only pay two fees: transaction fees and withdrawal fees. The transaction fee of PCEX is much lower than the fees of other platforms offering similar services. A significant portion of transaction fees go to PCEX brokers and sub-brokers; the platform will receive a smaller portion of the cut.

Broker and sub-broker channels

Crypto-trading brokers and sub-brokers is a unique feature of the PCEX trading platform. Traders on crypto exchange platforms usually face poor customer support and slow response times. PCEX addresses this shortcoming by employing a range of brokers and sub-brokers to personally assist traders with each trade. PCEX traders will be assigned a single point of contact that they can contact at any time for assistance. No dark period of no reaction will ever be associated with PCEX.

Through the brokerage channel and exceptional services, PCEX aims to build long-term relationships with users. The brokerage channel also adds a layer of security to the platform.

High security

By the way, PCEX has several levels of security. The platform has a Clark-Wilson model of security architecture to ensure data integrity. The security system will check the reception of PCEX information so that data breaches can be prevented together. Secure platform operations require auditors to cooperate; devices and identities are available to protect the website. PCEX provides crypto-traders with a level of security that is impenetrable and keeps traders’ identities and digital assets safe from hackers and accidental loss.

All PCEX users, brokers and sub-brokers must complete a KYC/AML protocol; PCEX prepares in advance for any regulations that may arise in the future. Traders can also be sure of the legitimate behavior of the platform.

Conclusion

Cryptocurrency trading is a volatile atmosphere with price peaks and troughs almost every day. Price volatility depends on government or state regulations, security, acceptance of digital currencies by sellers, major players, etc. Cryptocurrency trading provides a much higher return on investment than the traditional stock market; early cryptocurrency investors made millions in profits in 2017-2018.

To support the growing demand for digital currencies and digital currency trading platforms, PCEX adopts an advanced framework with full-service tools. Everything a crypto-trader would need to trade smoothly and hassle-free is available on PCEX. In fact, PCEX goes the extra mile.

Check out the new and exclusive crypto exchange at http://www.pcex.io.

What is Bitcoin and why is cryptocurrency so popular?

Bitcoin is the most popular word in the financial space. In truth, Bitcoin has blown up the scene in the last few years and many people and many large companies are now jumping on Bitcoin or cryptocurrency wanting a piece of the action.

People who are completely new to the cryptocurrency space constantly ask this question; “What exactly is Bitcoin?”

Well, for starters, Bitcoin is actually a digital currency that is outside the control of any federal government, is used all over the world, and can be used to buy things like food, drinks, real estate, cars, and more.

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) the individual and is strictly peer-to-peer.

This means that anyone who transacts 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 other services out there that require sending and receiving money internationally.

For example, if I wanted to send money to, say, China or Japan, I would have to have a fee from a bank, and it would take hours or even days for that fee to get that money there.

If I use Bitcoin, I can do it easily from my wallet, mobile phone or computer instantly, without any of these fees. If I wanted to send, for example, gold and silver, it would require a lot of security, it would take a lot of time and a lot of money to move bullion from point to point. Bitcoin can do it again with the tap of a 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 that is in our wallets is worthless and will be worth even less in a year.

We are even seeing large companies showing interest in blockchain technology. A few weeks ago, a survey was conducted among a handful of Amazon customers to see if they would be interested in using a cryptocurrency if Amazon created one. The results of this showed that many were very interested. Starbucks has even hinted at using a blockchain mobile app. Walmart has even filed for a patent for a “smart package” that will use blockchain technology to track and authenticate packages.

Throughout our lives we have seen many changes take place from the way we shop, the way we watch movies, the way we listen to music, read books, buy cars, look for homes, now how we spend money and bank. Cryptocurrency is here to stay. If you haven’t already, it’s time for everyone to fully explore cryptocurrency and learn how to take full advantage of this trend that will continue to thrive throughout time.