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Showing posts from April, 2020

Why is it so Difficult to Earn Bitcoin?

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It is so difficult to earn bitcoin because it’s about 10k and will only raise. We are now witnessing some kind of “standstill”, but there are some reasons for this. You need to look at the situation considering what has happened this year and what are the reasons. They differ significantly from those that were a catalyst for growth 2 years ago. In 2017 it kept everything on speculation. Bitcoin (BTC) rate grew daily and was based on the confidence of people that tomorrow it will be even higher. They built the classical financial pyramid. Now the situation is different. People who made such mistakes are already suspicious of the growing market, so this growth factor was not as significant as a couple of years ago. Now everything is based on institutional investors, on professional market players, who carefully analyze everything before investing their millions, and do not expect growth only because bitcoin was lower yesterday and the day before today. We can rely on their ac...

Which Cryptocurrencies Have the Potential to Top 50?

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From this perspective, only 6 cryptocurrencies outside the top 200 have potential to that will make it to top 50. However, it is very possible that 2 of those 6 will fail or enact an exit scam. Still, some of them have tiny market caps of only $300k. Also, these coins can lose 90% within a few months easily, as Relex and Payfair have done over the last couple of months. This could mean they are a good buy or not. Compared to the rest, I see only APPC and POE as safe, but then they also have comparatively high market caps already. Appcoins  at rank 393 and market cap $7M APPC is the best outside top 200 coins. This is one of the most serious cryptocurrencies that have the potential to top 50. They also launched their mainnet recently to their 200M users.  Today, the two players dominate the entire app store market: Google Play and the App Store. In the first three months of 2017 alone, consumers worldwide spent over $15 billion in iOS and Android stores. In 20...

What Top 3 Cryptocurrencies Can Make You a Millionaire?

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There are cryptos that can make you a millionaire this year. There are 3 cryptocurrencies that can make you a millionaire but only if you have $10,000 invested in them each. This would require them to go 100x, so that your $10,000 turns into $1,000,000. All of those cryptos can go 1,000x with the next bull run. However, this bull run will probably take 3–5 years, so for this year a 100x is possible. There are only 3 cryptocurrencies that can make you a millionaire. DENT $30M to $3B = 100x return For this to happen, DENT would need to enter the top 30 of the world’s biggest telco, for which it would need 50M total users and get $300M in data packages sold/gross-revenue. Right now, DENT has 11M users and $48M in data packages sold/gross revenue. It doesn’t look too bad. BAT $100M to $10B = 100x return For this to happen, BAT would need to become a serious competitor to Google and Facebook and get $300M in ads served/gross-revenue. Elastos, Zilliqa, Holochain or Quarkchain fro...

Did You Knew What are Cryptocurrencies?

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Did you knew what are Cryptocurrencies? Cryptocurrencies are the digital media of exchange which use cryptography and shared transaction ledgers to create a secure, anonymous, traceable and potentially stable monetary system. Cryptocurrencies take their name from their use of cryptography. Cryptography is the study of the methods of encrypting information, primarily intending to send a message securely and privately but also for tasks such as data security and authentication. Crypto, the prefix in both words, comes from the Greek word kruptos, which means “secret.” Cryptocurrencies incorporate many of the technologies and theories developed by cryptographers to create a digital money exchange system resistant to both censorship and fraud. In the two decades prior to 2008, there had been several attempts at creating a decentralized currency that would rely on cryptographic protocols and distributed networks. It is only with the launching of Bitcoin, however, that the idea has real...

Most Important Cryptocurrencies Bitcoin Alternatives

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Cryptocurrencies have been in the news a lot lately. Almost every person around tends to be speaking about these non-stop. The main reason for this sudden new interest has been the spike in the prices of Bitcoin and other cryptocurrencies. Naturally, people have been intrigued by this entirely digital currency platform and have been wondering how to make money out of it. First things first, there’s something important you MUST know. Investing in Bitcoins or cryptocurrencies is a highly speculative activity. The ups and downs follow no specific pattern and the market is unregulated. Therefore, you should be aware of this ground reality before processing any further. People should know by now that there are other ways of making more on Bitcoin and other cryptocurrencies. example, investing on platforms like coinstation (www.coinstation.tech) where you get 100% ROI on invested cryptocurrency after 7days. With that, you can’t lose on cryptocurrency. Thank me later To start ...

Why Invest in Cryptocurrency Now

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The best time to invest in cryptocurrency is 2012, the next best time is every other day since then” In business, every added day is an investment might be too late. The best time to invest is still now. I will give you just four reasons why invest in cryptocurrency now. 4 Reasons Why to Invest in Cryptocurrency   Now The cryptocurrency market has been growing at an exponential pace and making several people very rich. But is it all about making money? The technology underlying cryptocurrency – called Blockchain technology – has the potential to change our lives for the better. What does the crypto world have in store for you? Here are 4 reasons get on board and invest in cryptocurrency.   Returns You Could Never Have Imagined Let us just compare Bitcoin’s rate of return with that of S&P 500 stocks, which is the leading indicator of performing U.S. equities from the year 2016. I wish I can say that we’re dreaming. Bu...

What is Bitcoin Cryptocurrency?

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Advent of Bitcoin System For the first time a domain name, named  bitcoin.org  registered on 18 August 2008. In January 2009, the bitcoin network came into existence using the pseudonym ‘Satoshi Nakamoto’. However, despite many speculations, it is not known who that was, and interestingly, that person or group does not have control over the bitcoin network today. According to Satoshi’s blueprint, the total supply of bitcoin will be capped at about 21 million coins. Of the 21 million in bitcoin due to be mined, about 16.74 million, or roughly 80%, are in circulation. In the past, most bitcoin cryptocurrency trading was made in the west, but nowadays the leader share is China (and traded versus the Chinese Yuan). According to website bitinfocharts.com, in 2017 existed 9,272 bitcoin wallets with more than $1 million worth of bitcoins. Running of Bitcoin Cryptocurrency Operations The bitcoin network runs on a software system named ‘blockchain’. The blockchai...

Be Careful with Tether

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USDT  is a cryptocurrency known as Tether. It’s controlled by a sister company of one of the biggest crypto exchanges in the world,  Bitfinex . Tether is what is known as a “stable coin” but you should be careful this cryptocurrency. It tries to emulate the price of real fiat currency at a 1:1 exchange rate. In Tether’s case, it’s the US Dollar. This is practical The reason this is practical is because fiat currencies are subject to more intense scrutiny by governments. It’s quite difficult to buy crypto directly with them, depending on where you reside. Tether acts as a gateway so that you’ll be able to purchase a “token” that is worth one dollar, and that token is accepted in most exchanges at a value of one USD without the hassle of fiat currency regulations. Because it’s a “tether” to real money, whenever you feel bearish about crypto you can convert it back to USDT instead of cashing out completely to USD (which is harder and slower), and you won’t los...

What is Cryptocurrency Tether USD?

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Tether USD  (USDT for short). Tether Company, which issued USDT, formerly known as Realcoin, is registered in Isle of Man and Hong Kong. In 2014, Realcoin changed its name to Tether. In 2015, tether was launched on the Bitfinex and Poloniex trading platforms, and then launched on more major trading platforms. The company said: “Tethers, a digital currency linked to the legal currency, all tethers are first issued as tokens on the Bitcoin blockchain via the Omni Layer protocol. Each issued tether is pegged to the U.S. dollar, and the corresponding U.S. dollars are stored in Hong Kong Tether Co., Ltd. Stable coin Tether is a cryptocurrency that is classified as a Stable Coin. Stable coins are cryptocurrencies that are pegged and backed by something traditional that has value. In Tether’s case, it is backed by the US dollar. 1 Tether should always equal 1 US dollar, and according to the creators of cryptocurrency Tether, all of the Tether in circulation is 100% bac...

How to Make Money from Cryptocurrency in 2020?

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Ideally, you want to invest and make money from cryptocurrency in 2020 when it is nice and cheap, then sell it after the price has risen substantially. For example, if you bought 300,000 Stratis at $0.01 on August 12th, 2016 you would now have $300,000 at it’s current price of $1.10. If you sold during January 2018, you would be a millionaire, having have gained over $4.2 million from an initial $3,000 investment at the price of $14 per coin at the time. If you are not an early investor and missed out on the bottom prices, you can still buy during the occasional dips, however just because you didn’t buy a coin at it’s the lowest price that does not mean you are late. Many projects take years to reach their full potential due to development and user adoption which naturally takes time. Again patience will help you more than hurt you as long as you have invested in a cryptocurrency. Let’s go back to Rule 2 : “Be Fearful When Others Are Greedy and Greedy When Others Are Fe...