Current Cryptocurrency News: Cryptocurrency info

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Showing posts with label Cryptocurrency info. Show all posts
Showing posts with label Cryptocurrency info. Show all posts

Thursday, February 15, 2018

CryptoCurrency increases (Investment Or Not?)

February 15, 2018 19

Most of the classics (comfortable and playing in stocks, bonds, precious metals and cash) when hearing Bitcoin, Ethereum and Digital currencies tend to ignore it. They consider this too risky with their money. But please note, this is probably your current wetlands.

In this article, I will tell you, why you should not be afraid of the digital currency. Do not be the one who fails to recognize the chance of a lifetime to maximize your profits.

Here are some reasons why you should put digital currency into your portfolio.
 

Large with market capitalization
Bitcoin's market capitalization currently stands at $ 68 billion, close to the market capitalization of some of the most popular stocks such as Caterpillar, FedEx, BlackRock Inc. and more. A few weeks ago, Bitcoin's market capitalization almost ranked 72 market values in the S & P 500.

Powerful
Bitcoin and other digital currencies are not limited to ledger technology; Even the United Nations has used Blockchain Ethereum to send aid to Syria.

Not only that, various central banks across Europe and Asia can now be said to be looking for loopholes, conducting various studies for crypto use.
IBM has now joined Nestle, Unilever, and Walmart in an effort to fight food contamination using Blockchain technology. In addition, other companies are also researching the use of Blockchain technology for various purposes.
Japan: I think Japan is a brave country that is very sprightly in adopting digital currency. In April of this year alone, Japan established Bitcoin as a legitimate payment method. Soon other countries began to follow Japan and validate Bitcoin as a legitimate currency.

Bitcoin instability has been the concern of traditional investors since a few years ago. However, the chart above clearly shows that Bitcoin's volatility has declined as a large number of mainstream investors are now beginning to adopt cryptocurrency. As more institutional investors enter, Bitcoin's volatility tends to decline over the next few quarters. 
Long-lived 
It's been eight years since Bitcoin was first mined. Many do not suspect that Bitcoin can achieve its goal now. Every year, Bitcoin continues to grow and grow stronger.

Renowned blogger and financial advisor at Ritholtz Wealth Management, Joshua M Brown wrote an article in his blog post,

"Bitcoin, if it's just a shit, maybe Bitcoin is dead right now. But seven years since Bitcoin is booming - with all the volatility activities and criminal activity you can see yourself - Bitcoin is still here. Despite several hacking incidents, theft and malfunctions and crashes, Bitcoin still exists. Less Tangguh What? There is no other way to kill me ... .. "

RISK
When building a stock portfolio, blue-chip stocks are usually preferred, because they are considered lower risk.

What is a blue-chip stock? The blue-chip stock is the inventory of a large, well-established and financially operated company over the years. Blue-chip stocks usually have a market capitalization of billions. "
Now, compare with Bitcoin.
Bitcoin now matches the bill equivalent to blue-chip.
If Bitcoin includes a large investment medium, will experienced investors also buy it?The answer of course.Mike Novogratz, a former hedge fund manager at Fortress Investment Group and Goldman Sachs partner listed as Forbes billionaire in 2008, has said that 10 percent of his net worth is in cryptocurrency. He also mentioned, "Crypto is the best investment of his life." 
Bitcoin investments risk-free?
 All investments must be at risk. Actually similar to managing risk in a conventional portfolio, you should be able to manage the risk of crypto-currency.

The point is, do not let you tempted by the temptation of making money easily and quickly. Invest in crypto-currency backed by powerful technology with a clear future.

Do not invest all your money into crypto-currency. Allocate your money according to your risk appetite and your goals.
okay so many articles, for now,
do not forget to follow me for the next article useful in crypto business  😃😃

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Friday, September 15, 2017

AMD Launches A Driver Software For Mining

September 15, 2017 20
The warm news from Advanced Micro Devices (GPU) graphics processing unit (GPU) manufacturer has unveiled its new software driver called Radeon Software Crimson ReLive Edition Beta for Blockchain Compute in mid-August 2017.

This software is specifically designed to improve the performance of GPUs used in crypto-currency mining.

The software is released to address the increasing demand for GPU for digital currency mining worldwide. This increase in GPU demand is driven by price spikes from Bitcoin and Ethereum.
What is mining and what is the role of GPU in mining?
Digital currency mining is a method of processing, recording and securing virtual currency transactions, as well as the process of creating new cryptocurrency tokens using a computer.

During the mining process, a transaction will be added to the ledger or often called Blockchain. Meanwhile, miners who do this will be rewarded with new tokens for their work.

Due to the intensive energy needs, digital currency mining also requires a strong computer to increase their production. This is very profitable for GPU manuf
acturers like AMD and Nvidia.
Meanwhile, AMD's rival Nvidia also used the crypto mining turmoil to boost profitability in the second quarter of 2017.

The company's GPU division had generated revenues of $ 1.9 billion in the quarter, up 59 percent.

According to Jen-Hsun Huang, CEO of Nvidia, they are very confident about the future of digital currency, as well as Blockchain technology.
"CRYPTO IS BEING AND WILL BE LIVING, AND THE MARKETS WILL GROW BEING GREAT. THIS IS NOT MAY BE LOST IN TIME NEAR. WILL BE MORE MORE CURRENCIES ARISING, THEY WILL ARRANGE FROM VARIOUS COUNTRIES ... WE ARE VERY CLOSE WITH MARKETS, AND UNDERSTAND THIS DYNAMICS WITH VERY GOOD. "

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Wednesday, September 13, 2017

UGANDA CAN BE THE FIRST COUNTRY WHICH REGULATES AUTHORIZED BITCOIN USE

September 13, 2017 10

UGANDA is currently preparing to receive Bitcoin officially and has official rules, probably the first country to receive Bitcoin officially.

Unlike other African countries that tend to wait, Uganda is more proactive toward digital money and open discussions to officially accept. In contrast to South Africa has just announced a warning in using Bitcoin.

Not only Bitcoin, another digital currency is also currently being reviewed by the Ugandan government as mentioned by the official report of The United Nations African Institute for the Prevention of Crime and the Treatment of Offenders (UNAFRI).

…Given the plethora of decentralised virtual currencies like Litecoin, Ripple, Etheruem, zerocoin and Bitcoin, the focus on Bitcoin, was because it was a cryptocurrency of choice for conducting a range of transactions in Africa including in Uganda, South Africa, Nigeria (the Igot Bitcoin exchange) and Ghana (the Kitiwa exchange)…

The main point in the study of the use of Bitcoin because it is more widely used in various countries, especially in Africa.
Current discussions in Uganda on issues related to technology, official government policy, pluralism, ethics and legal provisions in the use of this digital currency. Uganda knows the advantages of using digital money and feels the need to make a precaution for possible losses.

The initial discussion in this official report is already very advanced and will be sharpened in the next discussion.
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Tuesday, September 5, 2017

What is the Banker ICO

September 05, 2017 22

Banking For The Blockchain Era


Bankera is building a digital bank to last for the blockchain era. As a traditional bank, Bankera's services fit into three groups.


Payments including payment accounts with personal IBAN, debit cards, interbank foreign exchange rates and payment processing. All services will support both traditional fiat currencies as well as cryptocurrencies such as Bitcoin, Ethereum, DASH, NEM, ERC20 compliant tokens and others. In the long term, Bankera will implement innovative solutions such as gross-domestic-product (GDP) linked currencies and the use of equity traded funds as a substitute for money.

Loans and deposits will be a key competitive edge as well as core service of Bankera. Current deposits will receive interest just as savings do. All Bankera clients will be able to benefit from higher interest rates due to proprietary information about borrowers' cash flow, as most loans will be given to business clients who use the payment processing solution.


Investments will consist of low-cost investment products such as equity traded funds (ETFs), crypto-funds (a portfolio of various cryptocurrencies and crypto tokens) as well as roboadvisory solutions for wealth management. Eventually, Bankera will offer investment banking services including financing corporate strategies of our business clients.


How the Hankera work ?

Development of IT infrastructure Completed.
The required IT infrastructure to facilitate payment processing and issue personal IBANs or payment cards have already been developed and are available as a minimal viable product (MVP) in the form of SpectronCoin.

pre-ICO August 28th - September 28th

10% of the tokens will be distributed to determine the price of the ICO.

E-MONEY CAPABILITY September-October

Support of full P2P transfers, mobile wallets and the start of membership application of the major payment networks such as card schemes and remittance networks.

Initial Coin Offering mid-October

30% of the tokens will be distributed to solve the capital issue so that we can build a successful bank for the blockchain era.

BANKING CAPABILITY early 2019

After the ICO, a banking license will be obtained. This will allow us to offer loans and deposit services.

Investment solutions late 2019

The launch of services related to low-cost investment solutions such as equity traded funds (ETFs), cryptocurrency and crypto token funds as well as robo advising.

NEW TYPES OF MONEY 2020

The synergy between investment and payment products will offer new types of money such as economic growth linked currency or usage of ETFs as a medium of exchange.
Initial Coin Offering (ICO)
To implement Bankera's vision, we are launching an initial coin offering (ICO) to issue Bankera tokens on the public blockchain. The tokens called Bankers (BNK) will be issued during the pre-ICO and ICO. The pre-ICO will be launched to determine the hardcap (how many tokens to be issued totally) for the ICO, only 10% of the tokens will be distributed during pre-ICO. The HARDCAP during pre-ICO will be 2.5bn Bankers (BNK) tokens.
On the 28th of August 2017 at 12PM London time, Bankera will launch its pre-ICO to distribute 10% of the token supply to determine the price and HARDCAP (the total supply of tokens) for the ICO. The price of a token during the pre-ICO will be 1 euro cent (there is no minimum purchase amount), and the price during the ICO will depend on the total number of tokens issued during the pre-ICO according to the table below:

The pre-ICO will be conducted at SpectroCoin exchange, so to be able to participate in the Bankera's pre-ICO and get Bankers (BNK), you should open an account at SpectroCoin. Bankers (BNK) tokens will be issued as ERC20 compliant tokens for Ethereum blockchain and as NEM mosaics for NEM blockchain. The proportion between Ethereum and NEM tokens will be determined during pre-ICO and ICO depending on contributors' preferences.
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