2018年 11月 の投稿一覧

Technical Analysis of Tron

Launched in 2017, TRON is a blockchain-based entertainment content sharing platform that aims to transform the global entertainment industry. TRON has own cryptocurrency known as Tronix (TRX) and lots of technical specialists are already supporting this cryptocurrency. According to some estimates, TRON has a bright future because this network allows users to create content, websites and applications without having to rely on centralized services. The positive thing is that lots of partners are already supporting the TRON network, TRON partners include the likes of Gifto, Game.com, oBike, Peiwo among others (on the official website, you can find all TRON partners). In my opinion, this is a highly speculative cryptocurrency and still very risky but lots of analysts agree that TRON (TRX) is currently at a point where it has the potential to make very big gains. As long as TRX is below $0.05 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $0.010 and $0.020 – If the TRX jumps above $0.020 that would be a “BUY” signal and the open way to $0.025. If the TRX jumps above  $0.05 that could be a strong signal of the trend reversal and the open way to $0.08. On the other side, if the TRX falls below $0.010 that will be a strong signal “SELL” signal and the next target could be around $0.0050.

Advice: This is a highly speculative cryptocurrency and still very risky but TRX has a very good risk/reward ratio in the market right now which means you stand to gain a lot more for taking a comparatively smaller risk. Yes, it is true that the price could fall even more but the current price of TRX stands around $0.014 and this is very close to strong support which stands at $0.010. As for the technical picture, TRX remains in bearish phase but if the price advances above $0.020 next targets could be located around $0.025 and $0.030. On the other side, if the TRX falls below $0.010 that will be a strong signal “SELL” signal and the next target could be around $0.0050. I would invest only a small sum of money in this cryptocurrency
 

Technical Analysis of Basic Attention Token (BAT)

The Basic Attention Token (BAT) is a cryptocurrency designed specifically for use with the Brave web browser. The Basic Attention Token improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It pays publishers for their content and users for their attention, while providing advertisers with more in return for their ads. According to some estimates, the Basic Attention Token has a bright future and this cryptocurrency might still be undervalued despite all the problems. In my opinion, this is a highly speculative cryptocurrency and still very risky. The BAT will face a huge competition from other big companies, it is also important to have in mind that Google and Facebook will probably fight to keep its share of the ad market. As long as BAT is below $0.5 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $0.13 and $0.20 – If the BAT jumps above $0.20 that would be a “BUY” signal and the open way to $0.25. If the BAT jumps above  $0.5 that could be a strong signal of the trend reversal and the open way to $0.8. On the other side, if the BAT falls below $0.13 that will be a strong signal “SELL” signal and the next target could be around $0.10.

Advice: In my opinion, this is a highly speculative cryptocurrency and still very risky, I would invest only a small sum of money in this cryptocurrency. As for the technical picture, the Basic Attention Token remains in bearish phase but if the price advances above $0.20 next targets could be located around $0.25 and $0.30. On the other side, if the BAT falls below $0.13 that will be a strong signal “SELL” signal and the next target could be around $0.10.
 

Technical Analysis of NEO

NEO is a platform and China’s first-ever open-source blockchain in which users can issue and trade assets. This cryptocurrency is previously known as Antshares and is often considered China’s response to Ethereum. NEO cryptocurrency represents an ownership of the NEO platform and allows users to vote on protocol changes on the NEO blockchain. My opinion is that NEO could be a very good investment opportunity and putting a reasonable amount of money into NEO could potentially turn out to be an excellent investment. The team behind NEO is very good and its founder Da hongfei is a great expert and a good leader. Another positive thing for NEO is that the Chinese government has embraced the platform, while simultaneously distancing itself from other cryptocurrencies like Ethereum and Bitcoin. When we look at the 1-year chart we can see that NEO is moving in “downtrend”. As long NEO is below $40 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $5 and $10 – If the NEO jumps above $10 that would be a “BUY” signal and the open way to $15 or even $20. If the NEO jumps above  $40 that could be a strong signal of the trend reversal and the open way to $60. On the other side, if the XRP falls below $5 that will be a strong signal “SELL” signal and the next target could be around $3.

Advice: NEO can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $100 in the next several years. Yes, it is true that the price could fall even more but the current price of NEO stands around $7.5 and this is an excellent entry level for the long-term investors. As for the technical picture, the NEO remains in bearish phase but if the price advances above $20, short-term traders can enter the position with the stop loss at $18 and take profit at $25 or even $30.

Bitcoin in Islamic bank and finance

To begin with, the world today is or can be said to have rapidly changed over the last few decades. The new Millennium ushered in a much more sophisticated way of doing things which owed its success to the technological inventions and innovations as well as a paradigm shift into the world of Information Technology.
Nine years ago, the Bitcoin AKA cryptocurrency or electronic money was introduced by Sakoshi Makamoto and had been a force to reckon with in the international economic market. Bitcoin tends to give its users a self-independent trading status. In other words, there would be absolutely no controlling body like the Central Bank to help regulate your affairs. Thus, one can transact as many businesses and trades as you like. This flexibility goes a long way in making Bitcoin a household name on the lips of everyone.

THE ISLAMIC BANKING AND FINANCE

The Islamic banking and finance as an economic institution that conforms and withholds the economic practices of the Shariah had been in existence for a very long time. Its wings had spread from Islamic countries to even the Western world since the last millennium. Islamic Banking follows a strict adherence to pure Islamic economic policies like the Mudarabah (Profit and Loss sharing), Wadiah (Safe Keeping), Musharakah (Joint Venture), Murabarah (Cost-plus), and the Ijara (Leasing).
Financial practices like Riba or Usury (Interest on loans) is highly prohibited and seen as Haram. Notwithstanding, investing in Haram investments and businesses like a liquid store or pork meat shop or stand are also prohibited and tagged as Haram.

IS BITCOIN HALAL OR HARAM?

To a very large extent, Bitcoin can be viewed as two sides of the same coin. As a payment gateway, Bitcoin is very halal. But it doesn’t meet the requirements of being called money in Islamic Banking, thus it is Haram.

BITCOIN INTRODUCTION INTO THE ISLAMIC BANKING SYSTEM

After all said and done, we all would agree that Bitcoin is the new face of online international market and business. After its introduction, it had generally received a great number of accolades and overwhelming likes with millions of people all over the world transacting and conducting their businesses with the new virtual money.
Meanwhile, the Islamic Banking had made quite an impression in the world economic growth. Even the stiff competition it Western counterparts seem to throw on its path, it had still managed to sail past the storm. The first ever International Monetary Fund’s executive board meeting on Islamic Banking and Finance is a very good example. The fusion of the Bitcoin and Islamic Banking and Finance was first perceived by Charles W. Evans in his research paper, “Bitcoin in Islamic Banking and Finance”.
According to the paper “Bitcoin in Islamic Banking and Finance” by Charles W. Evans, “The relationship between a distributed, autonomous Blockchain management systems (BMS) like Bitcoin—also referred to as a ‘virtual currency’—and Islamic Banking and Finance (IBF). It shows that a BMS can conform with the prohibition of riba (usury)—as Bitcoin does—and incorporate the principles of maslaha (social benefits of positive externalities) and mutual risk-sharing (as opposed to risk-shifting). With regard to maslaha, the world’s unbanked number in the billions and represent the majority of the world’s adults.”
Therefore, the operation of Bitcoin in the Islamic Banking system is a great idea which promises to thrive and adapt with the system. This can be seen in the United Arab Emirates, with the introduction of BitOasis which serves as the Bitcoin exchange. The BitOasis also operates in other Islamic countries like Qatar, Kuwait, Bahrain, and Saudi Arabia. This had been highly successful since its establishment and had cemented the fact that both the Bitcoin and the Islamic Banking and Finance can coexist in one environment.
To sum it up, Bitcoin does not only provide a stress free trading and transaction but also an assurance over your business. It is safe and particularly fast. All these attributes make it one of the fastest growing payment gateway and virtual currency in the world at large.

5 Super Ways Blockchain can help your Business Grow

We have all heard about the Cryptocurrency bubble. In the recent years, it has brought with it an unprecedented boom that will still continue into later years. A simple description of Cryptocurrency would be that it is a currency for the future. Cryptocurrencies have enjoyed the fame for a long period of time now and there have been little recognition given to the importance of Blockchain technology. There are amazing uses of the Blockchain tech. You would be right to assume that cryptocurrency projects need Blockchain in order to function but you would be wrong if you think that it holds no benefit for your startup.
Every person intent on starting up a business, no matter how small or large, should definitely consider the use of Blockchain technology because it holds exquisite benefits. Without further ado, let me show you five dynamic uses of Blockchain.
 

#1 Blockchain Can Help You With Funding

This is obviously one of the biggest ways that Blockchain can help your business. Funding is one of the most important needs that a business requires in order to begin. At the same way, lack of it can impede its growth and lead to a quick end. Cryptocurrency startups are often able to raised millions of dollars from their Initial Coin Offerings (ICO) due to Blockchain because it allows people from all parts of the world to contribute. Most businesses are currently making use of traditional ways to raise funding and this is mostly restricted to people within the country. With Blockchain technology, you can efficiently pitch your business ideas to people across the globe and get the necessary funds that will allow the business start.
 

#2 Accountability

One of the major reasons that will make your business thrive is transparency. Succinctly put, a good business is one that the business process is very transparent. Blockchain technology guarantees this feature in your business as it helps your startup to store data in public ledgers. At all times, every accounting and operational data is immediately kept secure and accessible to everyone. This makes it easier for every stakeholder in your business to view the progress of the company since there is no chance of account manipulation. It would also help you to monitor the activities of employees within the business.
 

#3 Trace of Transactions

The use of Blockchain technology within your business helps you to easily travel every transaction you have made since the startup point. This solves the issue of lost accounting details and it is a perfect way to help your business catalog every detail of your product so as to facilitate easy recall of information whenever it is needed

#4 Better Security for User Data

Another super incredible way that Blockchain Technology helps your business is the great security for every user data.
There is no getting around the fact that many people want to know if you can be able to protect their information when they give it to you. People do not want anyone intruding on their private data and with the use of Blockchain technology, you can promise them that and stick to your promise. Blockchain technology works in a way that it is independent from the control of governments and large corporations. Prior to its existence, many startups that had online presence had to store their User data on cloud files that were kept in large corporations. The data, at that time, could be subject to hack or government inquiry. With the independence of the Blockchain, all clients would be safe and the details of your business practice can also retain that safety from prying eyes
If startups that are oriented towards Networking such as B2B businesses, Uber etc, the protection of user data is very important as any exposure to hack may reduce the reputation of the business. In order to ensure the strict confidentiality of your User Base, Blockchain Technology provides top security
 

#5 Excellent Outsourcing of Customer Support

Customer service is an aspect of business that either influences the growth of the business when great, or reduces the patronage when bland and terrible. Every business owner aims to provide the best customer service and that is where Blockchain Technology comes in.
The era of traditional customer service is fast coming to an end and you can save a lot when using Blockchain technology to outsource your customer service to a freelancer that is available every time of the day.
 
I could go on listing more reasons why Blockchain Technology can prove to be a game changer in your business but what good would words do. That is why you have to start right this minute to incorporate Blockchain tech in your existing business or make plans to use it when you begin your business

How to trade on BitMex

BitMEX, which stands for Bitcoin Mercantile Exchange, is a cryptocurrency exchange and derivative trading platform. The platform specialises in sophisticated financial operations like margin trading which entails trading with leverage.
At BitMEX, crypto derivative instruments such as commodities, precious metals, currency, bonds, stocks, stocks indices, etc are bought and sold on margin trading.By way of explanation, margin trading is the practice of borrowing additional money or cryptocurrency by leveraging the number of cryptocurrencies that you already have to purchase more cryptocurrencies.
I believe this practical example will suffice: supposing you set out to invest $2000 in BTC, but only $1000 is at your disposal. To get the extra $1000, you can borrow that via  the margin of 2:1 ( this basically implies that for every dollar you own ,you will get extra one dollar to invest. This is what is termed leverage or extra margin).

It will interest to know that BitMEX is the only exchange in the market that offers 100x leverage.This implies that for every BTC you have, you can leverage up to 100x and trade as though you have 100 BTC at your disposal.Hence, Leverage gives the opportunity to place orders that are larger than the users’ existing balance. This could result into a higher profit when compared with placing an order with only the wallet balance
 

Types Of Contracts On BitMEX


Traditional Futures:

Traditional futures contract is a derivative product involving a consensus  to purchase or give out a currency, commodity or other instruments at a predetermined price at a an indicated time in the future. This is open for BTC and other supported altcoins


Perpetual Contracts:

unlike traditional futures contract, perpetual contracts don’t have expiration and settlement. Perpetual contracts have a lot to do with a margin-based spot market.However, this is exclusively open for BTC.


BitMEX Upside Profit Contracts:

buyers of the contract to participate in the potential upside of the underlying instrument. This is available only for BTC.


BitMEX Downside Profit Contracts:

its importance lies in the fact it permits buyers of the contract to get involved in the potential downside of the underlying instrument. This is equally available only for BTC



Deposit and Withdrawal


Bitmex only accepts deposits through Bitcoin, which which can then be utilised to buy a variety of other cryptocurrencies. Of course,  all profit and loss numbers are rendered also in BTC terms. This explains why it only makes provision for BTC wallets for deposit and withdraw.
 
Note that BitMEX does not charge payment or fees on deposits or withdrawals. But when withdrawing Bitcoin, the minimum Network fee is dependent on blockchain load. Thus, the only costs incurable are those from the quarters of the banks or the cryptocurrency networks.

It is noteworthy BitMEX only accepts deposits in Bitcoin.Hence, Bitcoin effectively functions as collateral on trading contracts. The minimum deposit is 0.001 BTC. Also, there is no limit to which you can withdraw but withdrawals are only in Bitcoin. In order to withdraw,  users only need to insert the amount they want to withdraw and the wallet address to facilitate the transfer.

Deposits can be undertaken on the basis 24/7.Withdrawals can also be processed by hand at a recurring time once per day..
 

BitMEX Fee

BitMEX fee is not a fixed one.It greatly varies depending on the cryptocurrency you are trading in and the type of contract it is. The fact is that BitMEX does not charge fees on deposits or withdrawals. When trying to withdraw from Bitcoin, the minimum Bitcoin network fee is set dynamically with respects to the blockchain load.
 
Regarding traditional futures trading, BitMEX has a simple fee schedule. In line with the leverage offered, BitMEX provides up to 100% leverage, with the amount off leverage varying from product to product..

How to register on Bitmex

 
In the bid to own an account on BitMEX, users are under compulsion to register with the website. The process is not tedious and tasking.Registration just requires an email address.In most cases,  an anonymous email address is preferable for registration. However, the email address must be a true address; this is because users will receive an email to confirm registration in order to verify the account. The moment the users are registered, there are no limits to trading. Traders must be at least 18 years of age to sign up.
 

It should however be noted that BitMEX does not allow any US-based traders and will definitely employ IP checks to ascertain that users are not based in the US. Though some US users have circumvented this rule with the use of a VPN, it is not advisable that US individuals opt for BitMEX service.This is due to the fact that alternative exchanges are available to meet the needs of US customers that operates within the US legal framework.
 

How to trade on OOOBTC

Characteristically, OOOBTC is a cryptocurrency exchange platform that provides trading in a great deal of obscure altcoins like Golem, Zilika, Status, Rchain and so on. Note that Ether is the most recognizable coin in OOOBTC’s portfolio. OOOBTC is a viable and reputable trading platform that provides the traders and potential ones with charts, graphs, indicators and some analysis tools. Of course , lots of traders will find the intitative very useful , worthwhile and helpful.
OOOBTC endears itself to traders owing to the fact it has a fascinating selection of rare altcoins. It is an effective platform with attractive features like low trading and fairly favouarable withdrawal fees.
Interestingly, OOOBTC makes provision for wallets designed for the supported altcoins. These can be very convenient especially for highly obscure altcoins for which there are not many wallets available. It is noteworthy that fiat is unacceptable on this platform.It only provides the opportunity to exchange the supported cryptocurrencies for each other. As a matter of fact, they cannot be sold or bought for fiat currencies.
 

No Leveraging

OOOBTC does not integrate leveraging in its operational framework. To put it simply, it does not offer leveraged trading. People whose interest is in leveraged trading and are not concerned about owning the coins should rather opt for a regulated forex broker that provides CFDs on cryptocurrencies. Over there, the clients can freely and legitly trade on margin.
 

Anonymity is Highly Prohibited

OOOBTC unlike other platforms like BitMEX does not allow the practice of anonymity in trading. Clients are under compulsion to reveal their true identity and are required to verify thememselves when signing up for the platform. The exchange platform only requires a copy of an ID document and selfie. Obviously, OOOBTC partners with verification services provider named Jumio.
 

Fees and Deposits

The platform is known for low trading fees. It runs a relatively low fee of 0.25% which is quite reasonable and favourable. However, OOOBTC does not require deposit fees for crypocurrencies. But for crypto withdrawal, it charges miners fee. Well, this is perhaps the standard practice for many exchange platforms with respects to cryptocurrency deposit.
 

Withdrawal

OOOBTC sets withdrawal limits with a view to preventing fraudulent practices and theft. In the same vein, the new unverified accounts cannot withdraw at all. Consequently, accounts having basic verification can withdraw 0.4 or equivalent BTC per day. Those referred to as ” enabled accounts” can withdraw up to 100 or (equivalent) BTC per day given the enablement of two factors.
 

Reliable Safety and Security

Interestingly, OOOBTC provides 2-factor authentication and encryption of the users’ information. Funds are stored in offline cold storage, which makes them inaccessible to hackers. This fosters a high degree of security.

How to Register on OOOBTC

The steps below will ultimately guide you to register and sign up on the OOOBTC exchange platform.The steps are simple and straightforward:
 

Step 1


Make your way to OOOBTC. Just click that particular link below. More importantly, ensure that when you are navigating the site, you can see the green lock symbol just like the image below.
 
This is the way to ensure that you are on the official, valid website of OOOBTC. In case the site is fabricated or replicated, this green symbol will not be there. Always ensure you see this on any site which will invariably demand the insertion of your personal info before proceeding.
 

Step 2:

At this point, you are on the OOOBTC homepage. Click “Sign Up” in the upper right-hand corner

Step 3

You will then be taken to this section where you will be required to insert your details. Fill in your email address, a strong password that requires you repeating the same password and insert the verification code written below. Once you have followed this procedure, click, “Create Account”

Step 4

After creating your account, you are supposed to see this screen

Just as you can see, it requires that you to authenticate your email address. You must finish this step before forging ahead. Now, open your email, click on the verification link required. Note, it must look something like image the below. You can engage the new window that just displayed up to move on to the next step

If you can’t see the email in your box, ensure that you check your junk/spam folder
 

Step 5:

At this point, click “security” on the left hand side

Now click, “verify” next to Google authenticator

Step 6

Then , you will be referred to a screen that displays to you a unique QR code for Google Authenticator. You must download the Google Authenticator app on your smartphone by using the same email you entered in to sign up and register on OOOBTC
 
Once you scan the code on your phone, Google will give you a 6 digit code which is like the image below

Insert that code into the “verification code” field, your OOOBTC password below and click the green “verify” button below.
 
Once that is done, you are good to go. You are ready to trade your DGTX tokens on OOOBTC.

Africa Citizens Continue with Massive Adaptation of Cryptocurrencies amidst Tax and Regulatory Issues

It is fascinating to notice that despite cryptocurrencies having been conceived far from the Africa continent, they are swiftly following the trends of Europe’s Malta into becoming a significant part of key cryptocurrency exchanges, tokens, and wallets. For instance, we can look at what happened in the recent past in Uganda, South Africa, and Kenya.
 

Uganda

 
Binance is a giant exchange which recently commenced a fiat-crypto exchange at the core of the country and registered more than 40,000 users within the first few months after launching. Before the exchange landed in the country, 70% of citizens in Uganda had difficult in banking the digital currencies because of the rigorous registration process. Now, excited cryptocurrency users in Uganda are thankful of Binance for making transactions of the system swift and easy to use.
 

South Africa

 
Despite the South African Reserve Bank (SARB) hindering the legalization of cryptocurrency tenders, recent studies revealed the spike in the demand of digital currencies among citizens as more users invest in the same. The trend has been spearheading with the enthusiasts of the sector including the founder of the Civic coin, Vinny Lingham who introduced South Africans to the possible breakthrough of digital currency and blockchain.
 

Kenya

 
Earlier this year, the Treasury Secretary in the country, Henry Rotich was issued with an ultimatum of two weeks to decide on the regulation of the cryptocurrencies. And despite not giving any updates to date, the finance CS acknowledged the increase of cryptocurrency activities in the country and indicated that the innovation had a significant impact on the financial sector.
 
During the first half of 2018, Sureremit which is an unregulated exchange raised $7 million through ICOs notwithstanding several other ATM bitcoin machines that have started operations in the country. More so, independent individuals such as the “roasted meat” trader in Nyeri, a town in Kenya reveals of currently using Bitcoin in the business.
 
Other countries currently running cryptocurrency ATMs include South Africa, Zimbabwe, and Djibouti. In Nigeria, the Central Bank has been reluctant in regulating cryptocurrencies, but key exchanges such as Luno have witnessed an increase of user base whereby more users are deciding to invest in the sector.
 

Bitcoin ATMs in Africa

 
Some time back, it was rare to find a cryptocurrency ATM in Africa, but currently, various countries have commenced making strides in establishing the facilities mainly for Bitcoin. The first ATM was set up in South Africa four years ago, and as of now, users of digital currencies across the continent particularly in Zimbabwe, Kenya, and Djibouti can enjoy several Bitcoin ATMs in various Cities.
 
General Bytes and Genesis Coin which lead in Bitcoin ATMs in the globe have contributed significantly in setting similar facilities in Africa. The process involves more than 30 manufacturers of Bitcoin ATMs which are currently run by over 400 operators. The cryptocurrencies ATMs are increasing in demand, and it’s the matter of time before other countries such as Nigeria and Ghana follow suit.  
 

African Bitcoin Exchanges

 
At present, Africa has several exchanges that offer users with the opportunity to trade in cryptocurrencies while using the local currencies. Luno, NairaEx, Ice3X, and Golix are the most established and the longest-standing exchanges in the continent, and since the beginning of 2017, other exchanges such as Remitano, CoinDirect, and Belfrics saw a fertile ground and launched activities in the continent.
 

Spreading of Cryptocurrency

 
The idea of governments in Africa not regulating cryptocurrencies may have spurred the growth of the same, but with the current trend, there is no guarantee that the authorities will not change their mind.
 
For instance, alarmed with the fall of the banking sector or arbitrary finance appropriation by the governments, citizens who cannot access to banks in the continent and who dwell in politically unstable countries have high chances of choosing cryptocurrencies.
 

Cryptocurrency/Blockchain in Africa

 
Despite some progress in digital currency awareness and adoption in Africa, the majority of people in the continent still view it with anxiety. However, it might pick up with more user experience and awareness on the same. Social media is offering cryptocurrencies a huge shot with various articles and videos depicting flourishing users of the technology. There is also adequate information online about cryptocurrency and blockchain and how to invest and trade fruitfully in the field.
 

The Future of Blockchain/ Cryptocurrency in Africa

 
The cryptocurrency market in Africa is set to open up. The continent has big potential with the big number of users currently switching off from the traditional financial services to cryptocurrency sector which provides huge returns quickly.

 

Top 10 Cryptocurrency Influencers to Follow On LinkedIn

Cryptocurrencies and their underlying blockchain technology may be a simple topic to crypto citizens but newbies have a hard time decoding the basics.
Hitting the bookshelves to dabble in this technology is certainly recommended. However, the only way to stay ahead of the game is to follow prominent cryptocurrency influencers on common social media pages like Twitter, Facebook, Slack, Instagram amongst others.
Let’s take a look at some of the names worth following Linkedin.

Michael Novograt

https://www.linkedin.com/in/michael-novogratz-04b40a16
Novogratz is known for putting his money where his mouth is. According to his tweets, a large portion of his wealth is in crypto projects. Michael owns Galaxy Digital, a cryptocurrency firm and may be the best person to follow for both short-term and long-term investment advice.

Tim Draper

https://www.linkedin.com/in/timothydraper
Draper is a traditional venture capitalist and the man behind VC firm. He loves cryptocurrencies and has been regarded as one if its fervent evangelists. Even when the markets are crashing, he doesn’t see that as the cause for alarm. Draper owns a large amount of Bitcoin, Ripple and several other crypto coins.

Vitalik Buterin

https://www.linkedin.com/in/vitalik-buterin-267a7450
Vitalik is a programmer, entrepreneur and more, so one of the brains behind the Ethereum project and Bitcoin Magazine. Despite the current success enjoyed by ether, it has been through volumes of challenges but thanks to Vitalik and other members’ efforts, the project is now the second best with millions in market cap. If you want a crypto enthusiast who is always posting on social pages, you should follow this one.

Adam Back

https://www.linkedin.com/in/adam-back-043342?originalSubdomain=mt
Adam is a programmer and the president of Blockstream-a blockchain-based venture. He loves toying around with programming algorithms and protocols that power online currencies. Before lending his services to Bitcoin and other blockchains, Adam was in charge of e-Cash protocols since 1995. He is the best person miners should follow as he was the first to apply mining functions and algorithms in the Bitcoin network.

Michael Terpin

https://www.linkedin.com/in/michaelterpin/
Michel Terpin is a successful entrepreneur and marketer in the cryptocurrency ecosystem. Some of his developments in this field include Coinagenda, Bitcoin Syndicate, and BitAngels. His PR company, Transform has dealt with over 30 Crypto coins. We will need a slightly larger page to describe all his accomplishments. To cut to the chase, this is the guy to follow if you want someone with a clear picture of the cryptocurrencies.

Chris Burniske

https://www.linkedin.com/in/burniske
All right, here is the man making the waves when it comes to unraveling cryptocurrency mysteries. Every crypto article (and books) this investor activist writes gets overwhelming views, likes, and shares across all the major social media arenas. He’s got videos on YouTube and top-selling books on Amazon to help anyone get a dapple of this field.

Juthica Chou

https://www.linkedin.com/in/juthica
MIT graduates are held in high regard and Juthica is no different. She graduated with a degree in mathematics and computer science and thus quite useful in cryptography and programming world. She is the founder of LedgerX-a futures trading platform and also worked in cryptocurrency department at Goldman Sachs. Follow her for some undiluted advice regarding cryptocurrency mining and trading.

Erik Voorhees

https://www.linkedin.com/in/erikvoorhees
Erik is another early investor in cryptocurrencies and has appeared in top publications several times for being a key contributor in the blockchain sphere. He was the marketing head at BitInstant and later on established Coinapult, and Shapeshift. He currently heads Shapeshift, a platform that facilitates cryptocurrency swapping.
Follow Erik to know what’s happening in the world of cryptocurrencies.

Vinny Lingham

http://www.linkedin.com/in/vinnylingham
Vinny founded incuBeta, Silicon Cape, Gyft, and Yola. Each of these investments occupied a favorable position in their niches. His blockchain-relevant initiative is Civic and deals with data encryption especial account logins. As a believer in Bitcoin and other disruptive digital currencies, Vinny always writes useful posts that can benefit green investors.

Ari Paul

https://www.linkedin.com/in/ari-paul-8895a57
If you want to learn more about ICOs, cryptocurrencies, blockchain, decentralized apps and generally how to invest your wealth in online assets, follow Ari Paul. His ideas are solid and usually spoken from an analyst’s point of view. However, you don’t need to agree with him as he is always looking for smarter people to prove him wrong.

Simple Guide to BitcoinCash

What is Bitcoincash

Bitcoin cash, an alternate coin, was created on August of 2017 following complains by bitcoin users of the long time it took for transactions to be completed on the bitcoin block. The pioneer cryptocurrency, bitcoin, had been having issues, following its 1MB block size that made it more difficult for bitcoin owners to complete transactions fast, so it was important that a hard fork took place. Bitcoin cash, has since 2017 gone on to become the fourth largest cryptocurrency behind bitcoin, ethereum and litecoin.
 
Bitcoin cash (BCC) has a market capitalization of 1,480,229BTC which is $9,449,765,513 USD (November 9 2018) with 17,449,488 BCH in supply.
A total of 21 Million BCH was created on August 1 2017.
Bitcoin was created with a 1MB block size in order to prevent spam attack on the currency. But this strategy worked cause of the low demand for the coin. With increasing demand and transactions however, the small block size was incapable of dealing with the thousands of transactions going on simultaneously around the world. Some people complained of having to wait for four days before transactions were confirmed.
 

Early Rise of Bitcoincash

Divergent opinions on how to improve bitcoin – whether or not to increase the block size or block capacity (SegWit) – led to the creation of bitcoin cash. SegWit (Segregated Witness) was a proposal to help improve the transaction time on bitcoin. The SegWit system functions by removing the signature information from the main block, storing it outside.
This does not do anything to the transaction ID but there was a likelihood that signatures could be tampered with.
Even though using SegWit would mean more transactions on the block, it was kicked against.
This suggestion did not augur well with the bitcoin community who believed that it was going against the original idea of a single block storing the transactions information.
This led to a Hard Fork.
A hard fork is when a cryptocurrency splits into two, like a parallel universe. For example bitcoin was the “Universe 1” getting splited and forming “Universe 2”, Bitcoin cash. The transactions from Universe 1 when it splits would be automatically copied into Universe 2. So of I had coins with universe 1 before it split, I could still use it as Universe 2, but after the splitting they are both separate Universe, doing separate operations.
 
The bitcoin hard fork birthed the Bitcoin cash.
The new coin, BCH or BCC, was an improvement from the bitcoin classic. It had a block size if 8MB compared to the 1MB of the bitcoin classic. It also removed SegWit, which was proposed as the solution to the bitcoin classics’ problem of slow transaction confirmation.
Bitcoin cash, as a means of financial transactions and not just a value holding currency, was created to rival the likes of PayPal in speed and volume of transactions carried out.
Even though the coin provides faster rates for transactions, it is however criticised for its large block size needing bigger and expensive systems to mine. The mining community believes that with this increased mining power needed, smaller miners would soon be out of business as bigger companies who can afford these expensive systems would take over the mining.
There has however been a fall out between the two main figures of BCC, Craig White and Roger Ver, over the November 15 hard fork of Bitcoin Cash.
The feud, alleged feud, has seen the coin drop in price over the last three days – November 5 to November 8, dropping from 628.51USD to 574.43USD.

 
It was not accepted as a means of payment when it was initially created, merchants and companies citing fears if its acceptability. It however made its way to exchange platforms and became accepted as a means of payment when there was a High demand for the coin.

Exchangers For Bitcoincash

The exchange platforms that accepts bitcoin cash are:
CoinBase, Bittrex, Binance, Poliniex, Coinex, BOA exchange, Panda Exchange, Kraken and a host of other.
Although the coin has since grown in acceptance, it still pales behind in price and acceptability compared with bitcoin.
The proposed hard fork of BCH would give birth to Bitcoin Cash ABC and Bitcoin Cash CV. The warring parties – Wright and Ver – favour the different coins. While Ver favours Bitcoin ABC, wright favours Bitcoin Cash CV.