The "Experts" Are Getting Crypto All Wrong

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Bitcoin peaked about a month ago, on December 17, at a high of nearly $20,000. As I write, the cryptocurrency is under $11,000… a loss of about 45%. That’s more than $150 billion in lost market cap.

Cue much hand-wringing and gnashing of teeth in the crypto-commentariat. It’s neck-and-neck, but I think the “I-told-you-so” crowd has the edge over the “excuse-makers.”

Here’s the thing: Unless you just lost your shirt on bitcoin, this doesn’t matter at all. And chances are, the “experts” you may see in the press aren’t telling you why.

In fact, bitcoin’s crash is wonderful… because it means we can all just stop thinking about cryptocurrencies altogether.

The Death of Bitcoin…

In a year or so, people won’t be talking about bitcoin in the line at the grocery store or on the bus, as they are now. Here’s why.

Bitcoin is the product of justified frustration. Its designer explicitly said the cryptocurrency was a reaction to government abuse of fiat currencies like the dollar or euro. It was supposed to provide an independent, peer-to-peer payment system based on a virtual currency that couldn’t be debased, since there was a finite number of them.

That dream has long since been jettisoned in favor of raw speculation. Ironically, most people care about bitcoin because it seems like an easy way to get more fiat currency! They don’t own it because they want to buy pizzas or gas with it.

Besides being a terrible way to transact electronically – it’s agonizingly slow – bitcoin’s success as a speculative play has made it useless as a currency. Why would anyone spend it if it’s appreciating so fast? Who would accept one when it’s depreciating rapidly?

Bitcoin is also a major source of pollution. It takes 351 kilowatt-hours of electricity just to process one transaction – which also releases 172 kilograms of carbon dioxide into the atmosphere. That’s enough to power one U.S. household for a year. The energy consumed by all bitcoin mining to date could power almost 4 million U.S. households for a year.

Paradoxically, bitcoin’s success as an old-fashioned speculative play – not its envisaged libertarian uses – has attracted government crackdown.

China, South Korea, Germany, Switzerland and France have implemented, or are considering, bans or limitations on bitcoin trading. Several intergovernmental organizations have called for concerted action to rein in the obvious bubble. The U.S. Securities and Exchange Commission, which once seemed likely to approve bitcoin-based financial derivatives, now seems hesitant.

And according to Investing.com: “The European Union is implementing stricter rules to prevent money laundering and terrorism financing on virtual currency platforms. It’s also looking into limits on cryptocurrency trading.”

We may see a functional, widely accepted cryptocurrency someday, but it won’t be bitcoin.

… But a Boost for Crypto Assets

Good. Getting over bitcoin allows us to see where the real value of crypto assets lies. Here’s how.

To use the New York subway system, you need tokens. You can’t use them to buy anything else… although you could sell them to someone who wanted to use the subway more than you.

In fact, if subway tokens were in limited supply, a lively market for them might spring up. They might even trade for a lot more than they originally cost. It all depends on how much people want to use the subway.

That, in a nutshell, is the scenario for the most promising “cryptocurrencies” other than bitcoin. They’re not money, they’re tokens – “crypto-tokens,” if you will. They aren’t used as general currency. They are only good within the platform for which they were designed.

If those platforms deliver valuable services, people will want those crypto-tokens, and that will determine their price. In other words, crypto-tokens will have value to the extent that people value the things you can get for them from their associated platform.

That will make them real assets, with intrinsic value – because they can be used to obtain something that people value. That means you can reliably expect a stream of revenue or services from owning such crypto-tokens. Critically, you can measure that stream of future returns against the price of the crypto-token, just as we do when we calculate the price/earnings ratio (P/E) of a stock.

Bitcoin, by contrast, has no intrinsic value. It only has a price – the price set by supply and demand. It can’t produce future streams of revenue, and you can’t measure anything like a P/E ratio for it.

One day it will be worthless because it doesn’t get you anything real.

Ether and Other Crypto Assets Are the Future

The crypto-token ether sure seems like a currency. It’s traded on cryptocurrency exchanges under the code ETH. Its symbol is the Greek uppercase Xi character. It’s mined in a similar (but less energy-intensive) process to bitcoin.

But ether isn’t a currency. Its designers describe it as “a fuel for operating the distributed application platform Ethereum. It is a form of payment made by the clients of the platform to the machines executing the requested operations.”

Ether tokens get you access to one of the world’s most sophisticated distributed computational networks. It’s so promising that big companies are falling all over each other to develop practical, real-world uses for it.

Because most people who trade it don’t really understand or care about its true purpose, the price of ether has bubbled and frothed like bitcoin in recent weeks.

But eventually, ether will revert to a stable price based on the demand for the computational services it can “buy” for people. That price will represent real value that can be priced into the future. There’ll be a futures market for it, and exchange-traded funds (ETFs), because everyone will have a way to assess its underlying value over time. Just as we do with stocks.

What will that value be? I have no idea. But I know it will be a lot more than bitcoin.

My advice: Get rid of your bitcoin, and buy ether at the next dip.

HashFlare

Source by Ted Bauman

Reviews of ICO (Initial Coin Offerings)

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What is the Definition of ICO?

Initial Coin Offering (ICO) is a crowdfunding method used by new cryptocurrency companies to raise capitals. In ICO, some percentages of the newly issued cryptocurrencies are sold to people who are interested in supporting the project. They are sold to exchange for other established cryptocurrencies such as Bitcoin, Fiat and Ether.

Backers purchase the new cryptocurrency with an intention to make a profit when it increases in value. It is similar to the principle of people making a profit when the share they bought at the stock market increases in value. ICO is different than purchasing shares at a stock market because you don’t get a share of the ownership right when you invest in the new tokens.

Brief History on ICOs

In the beginning stage, ICO was conducted by companies such as Mastercoin, Ethereum and Karmacoin. Ethereum conducted one of the biggest ICO in 2014 by raising a total of $18 millions in the early stage of 2014. They break the record by raising 3,700 Bitcoins which is equivalent to $2.3 million dollars within the first 12 hours of the campaign. Kik conducted the first mainstream ICO in September 2017 but the project was interrupted by a phishing scam via the circulation of a false URL in the social media. Ripple sold $1 billion worth of XRP tokens to investors in exchange for bitcoins and fiats in 2013.

Today, ICO sales have become increasingly popular with around 50 token sales being conducted every month. Starting from 2017, ICO has been growing at a fast pace with at least $2 billion worth of token sales successfully conducted. This proves that it is not going to be a temporary method used by new cryptocurrency company to raise funds but it is here to stay for long term.

Nowadays, ICO token sale is so popular that at least a few ICO begins every day. It has been predicted that over $4 billion worth of token sales will be conducted this year. Genesis Vision, a Russian based company, conducted an ICO campaign that runs from the 15th October 2017 to the 15th November 2017. They manage to raise a total of $2.3 million in the token presale.

How Does ICOs Fundraising Work?

A cryptocurrency company that wants to raise capitals through ICO must provide a few details including project description, project purpose, amount need to be raised, percentage of tokens the company will keep, types of virtual currencies accepted, and the timeframe of the ICO campaign. Backers who are interested can email the seller and ask for more details of the project before performing a transaction. If they successfully raise the amount for the campaign, they will carry out the scheme to complete the project. If not, they will return the money back to the backers.

How Scammers Use ICO to Carry Out Fraud?

ICO can be conducted to help raise funds for various types of businesses and charity organization. It has also been used as a tool by scammers to conduct frauds. Scammers would use means to increase the ICO value temporarily and abandon the project afterwards to make a quick profit. Scams happen because of the lack of regulation by the government. Just like any investment, there is a risk when coming to invest in the initial coin offering.

No statistic on the company that runs the ICO is given so it is hard to make a prediction. Backers usually would only check out data such as who will receive the collected money, and the social media profile. To make a successful investment in ICO, one needs to be patient and willing to spend time to conduct research on the company.

Conclusion

In conclusion, ICO has helped many startups to raise the funds they need for their projects. With ICO, startups can easily raise a large amount of money within a short timeframe of just a few seconds or minutes. Entrepreneurs will continue to take advantage of ICO to raise capitals until it comes under government regulation.

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Source by Zirkon Kalti

Forex Trading Strategies Or Forex Trading System? Which One Proves to Be More Profitable

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There are plenty of available trading systems available on the internet but did you know that most experienced traders would rather have a trading strategy that is suited to their trading style, financial situation and their objectives than to have a trading system?

These strategies can vary from scalping on the one minute charts as well as the position trades on the weekly charts and pretty much everything else in between.

Many successful traders became that way due to the fact that they based their trading on trading principles but the methodologies vary from trader to trader.

It would require that the trader be familiar with the ways of the trading markets and at the same time have a system that has a specific entry as well as exit rules for detecting market movements or the specific characteristics of the financial products involved with the trade.

In a way, as you develop your forex trading strategies you are also developing your trading systems. There are some cases wherein there would be a good trading system available in the market but no matter how good these trading systems are, if they are not suitable to your trading strategies as well as objects then it will not work as well for you.

However, if your trading systems are compatible with your goals and objectives, the things become easier because it would be easier to follow through as they match what your goals are.

In short, the two should work hand in hand. They also must be very compatible with each other for them to work well and efficiently towards generating profits for the trader.

So having a very efficient automated software such as the Forex Funnel and Forex tracer, combined with personalized strategy would be really advantageous to your goal of becoming a more profitable trader in the foreign currency market.

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Source by Garima Bajoria

Igniting The Fuel That Turns Prospects Into Customers

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Every sale is powered by the fuel of emotion. By a complex mix of beliefs, feelings and desires that mesh together to become the Core Buying Emotion – the feeling that compels us to break out our wallets.

Your job as a marketer is to trigger that emotion in your prospect and get it worked up to the point that she buys what you're selling.

So how, exactly, are you supposed to do that?

Know Where You're Going

Stimulating the wrong emotion is just as bad as not stimulating any at all. So the first thing you have to do is know your prospect. Know how she's already feeling about the problems your offer will solve.

In other words, you have to identify her Core Buying Emotion before you can even dream of triggering it.

Start The Ignition

Look beyond your product or service. Look beyond the benefits it offers. Think about where your prospect is emotionally, and where she'll be after she takes you up on your generous offer.

Now you've got to show her how your product will get her from where she is to where she wants to go.

There are as many different ways of triggering emotions as there are emotions to trigger – and then some. But here are some ideas to get you started:

  • Tell a story. Let it read like a novel, with quotations and all. Let your prospect get involved briefly with a character that shares her problem – and then watch as your product solves that problem. Stories not only evoke intense emotion, they're remembered longer than any other pitch you can make.
  • Paint a vivid picture with your words. Use details to stimulate as many of her senses as possible. Smells are especially tied to memory and emotion. If you're trying to make her feel nostalgic, mention the smell of Grandma's fresh baked bread, or of the grass she played in as a child.
  • Feel the emotion as you write. Let your words be arranged with it to the point that it sees into your copy copy. If you want your prospect to be angry, then be fighting mad while you write.

Channeling The Energy

Once you've ignited the fuel of your prospect's emotion, you've got to channel it. Just getting angry or nostalgic is not good enough – it has to produce action. So be sure you give your prospect something to do with her feelings, like calling your 1-800 number, filling out your handy order form, or clicking your "Buy It Now!" Button.

Emotion is a powerful fuel. Use it wisely, and your marketing can power your business for a long time to come.

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Source by Lisa Packer

The "Experts" Are Getting Crypto All Wrong

HashFlare

Bitcoin peaked about a month ago, on December 17, at a high of nearly $20,000. As I write, the cryptocurrency is under $11,000… a loss of about 45%. That’s more than $150 billion in lost market cap.

Cue much hand-wringing and gnashing of teeth in the crypto-commentariat. It’s neck-and-neck, but I think the “I-told-you-so” crowd has the edge over the “excuse-makers.”

Here’s the thing: Unless you just lost your shirt on bitcoin, this doesn’t matter at all. And chances are, the “experts” you may see in the press aren’t telling you why.

In fact, bitcoin’s crash is wonderful… because it means we can all just stop thinking about cryptocurrencies altogether.

The Death of Bitcoin…

In a year or so, people won’t be talking about bitcoin in the line at the grocery store or on the bus, as they are now. Here’s why.

Bitcoin is the product of justified frustration. Its designer explicitly said the cryptocurrency was a reaction to government abuse of fiat currencies like the dollar or euro. It was supposed to provide an independent, peer-to-peer payment system based on a virtual currency that couldn’t be debased, since there was a finite number of them.

That dream has long since been jettisoned in favor of raw speculation. Ironically, most people care about bitcoin because it seems like an easy way to get more fiat currency! They don’t own it because they want to buy pizzas or gas with it.

Besides being a terrible way to transact electronically – it’s agonizingly slow – bitcoin’s success as a speculative play has made it useless as a currency. Why would anyone spend it if it’s appreciating so fast? Who would accept one when it’s depreciating rapidly?

Bitcoin is also a major source of pollution. It takes 351 kilowatt-hours of electricity just to process one transaction – which also releases 172 kilograms of carbon dioxide into the atmosphere. That’s enough to power one U.S. household for a year. The energy consumed by all bitcoin mining to date could power almost 4 million U.S. households for a year.

Paradoxically, bitcoin’s success as an old-fashioned speculative play – not its envisaged libertarian uses – has attracted government crackdown.

China, South Korea, Germany, Switzerland and France have implemented, or are considering, bans or limitations on bitcoin trading. Several intergovernmental organizations have called for concerted action to rein in the obvious bubble. The U.S. Securities and Exchange Commission, which once seemed likely to approve bitcoin-based financial derivatives, now seems hesitant.

And according to Investing.com: “The European Union is implementing stricter rules to prevent money laundering and terrorism financing on virtual currency platforms. It’s also looking into limits on cryptocurrency trading.”

We may see a functional, widely accepted cryptocurrency someday, but it won’t be bitcoin.

… But a Boost for Crypto Assets

Good. Getting over bitcoin allows us to see where the real value of crypto assets lies. Here’s how.

To use the New York subway system, you need tokens. You can’t use them to buy anything else… although you could sell them to someone who wanted to use the subway more than you.

In fact, if subway tokens were in limited supply, a lively market for them might spring up. They might even trade for a lot more than they originally cost. It all depends on how much people want to use the subway.

That, in a nutshell, is the scenario for the most promising “cryptocurrencies” other than bitcoin. They’re not money, they’re tokens – “crypto-tokens,” if you will. They aren’t used as general currency. They are only good within the platform for which they were designed.

If those platforms deliver valuable services, people will want those crypto-tokens, and that will determine their price. In other words, crypto-tokens will have value to the extent that people value the things you can get for them from their associated platform.

That will make them real assets, with intrinsic value – because they can be used to obtain something that people value. That means you can reliably expect a stream of revenue or services from owning such crypto-tokens. Critically, you can measure that stream of future returns against the price of the crypto-token, just as we do when we calculate the price/earnings ratio (P/E) of a stock.

Bitcoin, by contrast, has no intrinsic value. It only has a price – the price set by supply and demand. It can’t produce future streams of revenue, and you can’t measure anything like a P/E ratio for it.

One day it will be worthless because it doesn’t get you anything real.

Ether and Other Crypto Assets Are the Future

The crypto-token ether sure seems like a currency. It’s traded on cryptocurrency exchanges under the code ETH. Its symbol is the Greek uppercase Xi character. It’s mined in a similar (but less energy-intensive) process to bitcoin.

But ether isn’t a currency. Its designers describe it as “a fuel for operating the distributed application platform Ethereum. It is a form of payment made by the clients of the platform to the machines executing the requested operations.”

Ether tokens get you access to one of the world’s most sophisticated distributed computational networks. It’s so promising that big companies are falling all over each other to develop practical, real-world uses for it.

Because most people who trade it don’t really understand or care about its true purpose, the price of ether has bubbled and frothed like bitcoin in recent weeks.

But eventually, ether will revert to a stable price based on the demand for the computational services it can “buy” for people. That price will represent real value that can be priced into the future. There’ll be a futures market for it, and exchange-traded funds (ETFs), because everyone will have a way to assess its underlying value over time. Just as we do with stocks.

What will that value be? I have no idea. But I know it will be a lot more than bitcoin.

My advice: Get rid of your bitcoin, and buy ether at the next dip.

HashFlare

Source by Ted Bauman

The Cardinal Bird Feeder – What Works Best?

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The intention of a cardinal bird feeder, of course, would be to attract the cardinal. This bird, of course, is probably the single most popular bird for backyard bird watchers. However, to the dismay of many, there really is no cardinal feeder per se. But, the bird certainly has both feeder and seed preferences. Let’s take a look!

First, what doesn’t work that well.

The tube feeder is quite popular. However, don’t make the mistake of thinking it a favorite of the cardinal. I’ve been watching birds for years and years and I can tell you with complete certainty that this is not your best choice for the cardinal. He has virtually no neck and is forced to turn his whole body sideways to eat from a tube. In addition, he’s just a smidgen too big for most perches.

Some people will advise you to add a tray to the bottom. Granted, you will see the bird more often if you do this. Just keep in mind that Droll Yankees trays fit Droll Yankees tube feeders; Aspects trays fit Aspects tube feeders; Bird Quest trays fit Bird Quest tube feeders.

Do you know which brand you have?

Also, keep in mind that trays attract lots of other birds like grackles and starlings. If these birds visit your tube feeder, you won’t see many cardinals (or any other birds for that matter). Keep in mind the purpose of a tube feeder is to provide for small birds like the tufted titmouse and Carolina chickadee.

Add a tray, in come the medium and large birds, away go the small birds-just like that, you’ve defeated the purpose of the tube.

So what does work?

A proper cardinal bird feeder is any feeder whose design accommodates the cardinal’s preference to “bend at the hip” or not at all when feeding. You want a feeder that doesn’t force the bird to turn its body. A basic hopper feeder is a great choice as a cardinal bird feeder. So is any fly-through bird feeder (a fly-through feeder is open on all sides and has ample space). Also, platform feeders on the ground are ideal cardinal feeders.

There are manufacturers of feeders who describe their product as “cardinal feeder.” The no-no is one such example. Though this feeder does accommodate the cardinal, be careful! Many bird feeders do not do what the manufacturer claims.

The Droll Yankees squirrel proof feeder called the whipper is designed to be a cardinal feeder. The curved perch is a fantastic innovation that accommodates the bird perfectly. The Brome Care “squirrel buster” squirrel proof feeder, with its detachable ring, also serves the bird, though the bird does not appear as comfortable on this feeder as he does on the whipper (make no mistake, though, the Brome Care Product is equal and even superior to the Droll Yankees product in many ways).

Seed

What seed should you feed the cardinal? Hands down, safflower. This is a bitter tasting seed that squirrels, grackles and starlings tend not to eat.

If you don’t have these pests floating around, any quality bird seed will do. Black oil sunflower seed and sunflower hearts (chips) are favorites of the cardinal. He’ll eat most blends, too but don’t use big box blends–they’re full of filler that birds don’t eat.

I’ve seen cardinals eat fruit–you’ll need a fruit feeder for this.

So, what is my favorite cardinal bird feeder?

You know, my advise to bird watchers desiring to attract cardinals to “get back to basics.” I recommend either a wooden hopper feeder or a fly-through platform feeder serve as their cardinal bird feeder.

If you follow this advise and are patient, I promise that you’ll be visited by this beautiful bird year round!

HashFlare

Source by Robert Kegebein

The "Experts" Are Getting Crypto All Wrong

HashFlare

Bitcoin peaked about a month ago, on December 17, at a high of nearly $20,000. As I write, the cryptocurrency is under $11,000… a loss of about 45%. That’s more than $150 billion in lost market cap.

Cue much hand-wringing and gnashing of teeth in the crypto-commentariat. It’s neck-and-neck, but I think the “I-told-you-so” crowd has the edge over the “excuse-makers.”

Here’s the thing: Unless you just lost your shirt on bitcoin, this doesn’t matter at all. And chances are, the “experts” you may see in the press aren’t telling you why.

In fact, bitcoin’s crash is wonderful… because it means we can all just stop thinking about cryptocurrencies altogether.

The Death of Bitcoin…

In a year or so, people won’t be talking about bitcoin in the line at the grocery store or on the bus, as they are now. Here’s why.

Bitcoin is the product of justified frustration. Its designer explicitly said the cryptocurrency was a reaction to government abuse of fiat currencies like the dollar or euro. It was supposed to provide an independent, peer-to-peer payment system based on a virtual currency that couldn’t be debased, since there was a finite number of them.

That dream has long since been jettisoned in favor of raw speculation. Ironically, most people care about bitcoin because it seems like an easy way to get more fiat currency! They don’t own it because they want to buy pizzas or gas with it.

Besides being a terrible way to transact electronically – it’s agonizingly slow – bitcoin’s success as a speculative play has made it useless as a currency. Why would anyone spend it if it’s appreciating so fast? Who would accept one when it’s depreciating rapidly?

Bitcoin is also a major source of pollution. It takes 351 kilowatt-hours of electricity just to process one transaction – which also releases 172 kilograms of carbon dioxide into the atmosphere. That’s enough to power one U.S. household for a year. The energy consumed by all bitcoin mining to date could power almost 4 million U.S. households for a year.

Paradoxically, bitcoin’s success as an old-fashioned speculative play – not its envisaged libertarian uses – has attracted government crackdown.

China, South Korea, Germany, Switzerland and France have implemented, or are considering, bans or limitations on bitcoin trading. Several intergovernmental organizations have called for concerted action to rein in the obvious bubble. The U.S. Securities and Exchange Commission, which once seemed likely to approve bitcoin-based financial derivatives, now seems hesitant.

And according to Investing.com: “The European Union is implementing stricter rules to prevent money laundering and terrorism financing on virtual currency platforms. It’s also looking into limits on cryptocurrency trading.”

We may see a functional, widely accepted cryptocurrency someday, but it won’t be bitcoin.

… But a Boost for Crypto Assets

Good. Getting over bitcoin allows us to see where the real value of crypto assets lies. Here’s how.

To use the New York subway system, you need tokens. You can’t use them to buy anything else… although you could sell them to someone who wanted to use the subway more than you.

In fact, if subway tokens were in limited supply, a lively market for them might spring up. They might even trade for a lot more than they originally cost. It all depends on how much people want to use the subway.

That, in a nutshell, is the scenario for the most promising “cryptocurrencies” other than bitcoin. They’re not money, they’re tokens – “crypto-tokens,” if you will. They aren’t used as general currency. They are only good within the platform for which they were designed.

If those platforms deliver valuable services, people will want those crypto-tokens, and that will determine their price. In other words, crypto-tokens will have value to the extent that people value the things you can get for them from their associated platform.

That will make them real assets, with intrinsic value – because they can be used to obtain something that people value. That means you can reliably expect a stream of revenue or services from owning such crypto-tokens. Critically, you can measure that stream of future returns against the price of the crypto-token, just as we do when we calculate the price/earnings ratio (P/E) of a stock.

Bitcoin, by contrast, has no intrinsic value. It only has a price – the price set by supply and demand. It can’t produce future streams of revenue, and you can’t measure anything like a P/E ratio for it.

One day it will be worthless because it doesn’t get you anything real.

Ether and Other Crypto Assets Are the Future

The crypto-token ether sure seems like a currency. It’s traded on cryptocurrency exchanges under the code ETH. Its symbol is the Greek uppercase Xi character. It’s mined in a similar (but less energy-intensive) process to bitcoin.

But ether isn’t a currency. Its designers describe it as “a fuel for operating the distributed application platform Ethereum. It is a form of payment made by the clients of the platform to the machines executing the requested operations.”

Ether tokens get you access to one of the world’s most sophisticated distributed computational networks. It’s so promising that big companies are falling all over each other to develop practical, real-world uses for it.

Because most people who trade it don’t really understand or care about its true purpose, the price of ether has bubbled and frothed like bitcoin in recent weeks.

But eventually, ether will revert to a stable price based on the demand for the computational services it can “buy” for people. That price will represent real value that can be priced into the future. There’ll be a futures market for it, and exchange-traded funds (ETFs), because everyone will have a way to assess its underlying value over time. Just as we do with stocks.

What will that value be? I have no idea. But I know it will be a lot more than bitcoin.

My advice: Get rid of your bitcoin, and buy ether at the next dip.

HashFlare

Source by Ted Bauman

An Introduction to the Blockchain Technology for the Beginners

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These days, technology is scaling newer heights of success at an unbelievably fast pace. One of the latest triumphs in this direction is the evolution of the Blockchain technology. The new technology has greatly influenced the finance sector. In fact, it was initially developed for Bitcoin – the digital currency. But now, it finds its application in a number of other things as well.

Coming across this far was probably easy. But, one is yet to know what is Blockchain?

A distributed database

Imagine an electronic spreadsheet, which is copied umpteen number of times across a computer network. Now, imagine the computer network is designed so smartly that it regularly updates the spreadsheet on its own. This is a broad overview of the Blockchain. Blockchain holds information as a shared database. Moreover, this database gets reconciled continuously.

This approach has its own benefits. It does not allow the database to be stored at any single location. The records in it possess genuine public attribute and can be verified very easily. As there’s no centralised version of the records, unauthorised users have no means to manipulate with and corrupt the data. The Blockchain distributed database is simultaneously hosted by millions of computers, making the data easily accessible to almost anyone across the virtual web.

To make the concept or the technology clearer, it is a good idea to discuss the Google Docs analogy.

Google Docs analogy for Blockchain

After the advent of the eMail, the conventional way of sharing documents is to send a Microsoft Word doc as attachment to a recipient or recipients. The recipients will take their sweet time to go through it, before they send back the revised copy. In this approach, one needs to wait till receiving the return copy to see the changes made to the document. This happens because the sender is locked out from making corrections till the recipient is done with the editing and sends the document back. Contemporary databases do not allow two owners access the same record at the same time. This is how banks maintain balances of their clients or account-holders.

In contrast to the set practice, Google docs allow both the parties to access the same document at the same time. Moreover, it also allows to view a single version of the document to both of them simultaneously. Just like a shared ledger, the Google Docs also acts as a shared document. The distributed part only becomes relevant when the sharing involves multiple users. The Blockchain technology is, in a way, an extension of this concept. However, it is important to point out here that the Blockchain is not meant to share documents. Rather, it is just an analogy, which will help to have clear-cut idea about this cutting-edge technology.

Salient Blockchain features

Blockchain stores blocks of information across the network, that are identical. By virtue of this feature:

  • The data or information cannot be controlled by any single, particular entity.
  • There can’t be no single failure point either.
  • The data is hold in a public network, which ensures absolute transparency in the overall procedure.
  • The data stored in it cannot be corrupted.

Demand for Blockchain developers

As stated earlier, Blockchain technology has a very high application in the world of finance and banking. According to the World Bank, more than US$ 430 billion money transfers were sent through it only in 2015. Thus, Blockchain developers have significant demand in the market.

The Blockchain eliminates the payoff of the middlemen in such monetary transactions. It was the invention of the GUI (Graphical User Interface), which facilitated the common man to access computers in form of desktops. Similarly, the wallet application is the most common GUI for the Blockchain technology. Users make use of the wallet to buy things they want using Bitcoin or any other cryptocurrency.

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Source by Arnabesh Ray

Where to Buy Investment Properties

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So, you’ve decided to invest your money in property – good for you! There are a range of things you’ll have to consider, but one of the most important factors in your investment’s return potential is location, location, location! The area in which a property is situated is a major determining factor in that property’s value-a two-bedroom apartment in a good location can be worth three times as much as a four-bedroom house in a less desirable one. When it comes to choosing an area for your property investment there are several factors you must consider, and depending on your long-term plans for your investment, your location needs may vary considerably.

The quick sale

If you’re planning on playing the market and buying to quickly sell again, it’s a good idea to choose an area that you believe is on the verge of a boom. Of course, this is the holy grail of real-estate and everyone would like to catch something on the verge of a boom, but if your plans are to buy and sell your way to profit there are a few indicators which could lead you to a boom area. For example, there may be a mine or factory opening nearby-this would bring employment to the area and in a lucrative industry like mining, property prices would skyrocket for the time in which the mine was active.

The solid rent-generator

If your property investment goals are to generate a steady stream of rental income without ever having to search too hard for tenants, you need to consider buying somewhere near a university or close to the city. A university is a constant source of people who need to live nearby and are not in the position to buy, so if you choose property close by there will be no shortage of tenants.

The sure bet

If what you are looking for from your investment is a safe, steady asset that will retain its value and grow over time, there are several areas to choose from where this is the case, but be prepared to pay a big premium-and once you’re into the market in that area, STAY IN!

The Gamble

There are certain areas that begin as working class or rough areas that have the potential to become high-value areas over a longer period of time. Places close in to the city are usually good candidates for this, and just a little attention from the council in the form of a makeover can usually do the trick on these locations. On the other hand, sometimes areas stay ‘dives’ forever, in which case you’re stuck with a house at the dodgy end of town…

The decision of where to purchase property is never one to be entered into lightly, and the best way to prepare for it is to arm yourself with as much property investment advice as you can and hope that a combination of luck and good research leads you to the money.

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Source by Sam Khalil

PSP Downloads

HashFlare

Having been a big fan of my own psp for quite some time I felt it would be a good idea for some of the newer PSP owners to be introduced to an awesome website that the rest of us know and love.

You see, I remember when I first got my psp. I was sooo excited. I couldn’t wait to explore its wonders. The wrapping never stood a chance. I just held it in my hands for what seemed like forever… it was love at first sight. The promise of endless psp videos, psp games and psp music had me drooling.

A few months passed by and I had completed the games I had bought and watched the videos I’d purchased and… my poor little psp started losing its sheen. It became close friends with the dust particles in my home and started looking very sorry for itself.

Seasons passed and new gadgets were bought. A new digital camera, a digital camcorder, an ipod (at last!) and my poor little psp sat quietly in my cupboard dreaming of its day in the sun.

Until one day, a friend of mine introduced me to a website that brought tears to my eyes. I couldn’t believe I hadn’t known about it. Why had nobody told me?

That day, my psp was restored to chief gadget as I filled it up with the latest psp videos, music and games. And when I got bored of those, I just downloaded more! It was a never ending treasure trove of up to the minute media delights.

Me and my psp have not looked back since. I only regret those days I hadn’t realised how amazing my little psp could be.

If you haven’t discovered this website yet… then dust off your psp and get ready for psp download heaven.

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Source by Eddie Baker