Learn Bitcoin and Cryptocurrency Investment

I am glad that you will find this post helpful so bitcoin was first introduced as an open-source software by an anonymous programmer, or a group of programmers, under the alias Satoshi Nakamoto in 2009.

There has been a lot of rumours about the real identity of BTC’s creator, however all of the people mentioned in those rumours have publicly denied being Nakamoto.

Nakamoto himself once claimed to be a 37-year-old male living in Japan. However, because of his perfect English and his software not being labeled in Japanese, there are reasonable doubts about this. Around mid-2010, Nakamoto moved on to other things, leaving Bitcoin in the hands of a few prominent members of the BTC community. Also Satoshi named Gavin Andresen a lead developer.

It has been estimated that Nakamoto owns around one mln Bitcoins, which amounts to approximately $3.6 bln as of September 2017.

Now Let’s Start If you want to know what is Bitcoin, how you can get it and how it can help you, without floundering into technical details, this is for you. It will explain how the system works, how you can use it for your profit, which scams to avoid. It will also direct you to resources that will help you store and use your first pieces of digital currency. If you are looking for something even more in detail please check out these blockchain courses on bitcoin.

Small wonder that Bitcoin emerged in 2008 just after Occupy Wall Street accused big banks of misusing borrowers’ money, duping clients, rigging the system, and charging boggling fees. Bitcoin pioneers wanted to put the seller in charge, eliminate the middleman, cancel interest fees, and make transactions transparent, to hack corruption and cut fees. They created a decentralized system, where you could control your funds and know what was going on.

Bitcoin has come far in a relatively short time. All over the world, companies, from REEDS Jewelers, a large jewelry chain in the US, to a private hospital in Warsaw, Poland, accept its currency. Billion dollar businesses such as Dell, Expedia, PayPal, and Microsoft do, too. Websites promote it, publications such as Bitcoin Magazine publish its news, forums discuss cryptocurrency and trade its coins. It has its application programming interface (API), price index, and exchange rate.

Problems include thieves hacking accounts, high volatility, and transaction delays. On the other hand, people in third world countries may find Bitcoin their most reliable channel yet for giving or receiving money.

Buy Bitcoin Guide

What is Bitcoin in-depth?

At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. The purchaser decodes the code with his smartphone to get your cryptocurrency. Put another way; cryptocurrency is an exchange of digital information that allows you to buy or sell goods and services .The transaction gains its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file-sharing system.

Bitcoin Transactional properties:

1.) Irreversible: After confirmation, a transaction can‘t be reversed. By nobody. And nobody means nobody. Not you, not your bank, not the president of the United States, not Satoshi, not your miner. Nobody. If you send money, you send it. Period. No one can help you, if you sent your funds to a scammer or if a hacker stole them from your computer. There is no safety net.

2.) Pseudonymous: Neither transactions or accounts are connected to real world identities. You receive Bitcoins on so-called addresses, which are randomly seeming chains of around 30 characters. While it is usually possible to analyze the transaction flow, it is not necessarily possible to connect the real world identity of users with those addresses.

3.) Fast and global: Transaction is propagated nearly instantly in the network and are confirmed in a couple of minutes. Since they happen in a global network of computers they are completely indifferent of your physical location. It doesn‘t matter if I send Bitcoin to my neighbour or to someone on the other side of the world.

4.) Secure: Bitcoin funds are locked in a public key cryptography system. Only the owner of the private key can send cryptocurrency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme. A Bitcoin address is more secure than Fort Knox.

5.) Permissionless: You don‘t have to ask anybody to use cryptocurrency. It‘s just a software that everybody can download for free. After you installed it, you can receive and send Bitcoins or other cryptocurrencies. No one can prevent you. There is no gatekeeper.

Where can I find Bitcoins?

First, I would recommend you read this in-depth guide for buying Bitcoin.

You can get your first bitcoins from any of these four places.

A cryptocurrency exchange where you can exchange ‘regular’ coins for bitcoins, or for satoshis, which are like the BTC-type of cents. Resources: Coinbase and Coinsquare in the US & Canada, and BitBargain UK and Bittylicious in the UK.

A Bitcoin ATM (or cryptocurrency exchange) where you can change bitcoins or cash for another cryptocurrency.

A classified service where you can find a seller who will help you trade bitcoins for cash. Resources: The definitive site is LocalBitcoins.

You could sell a product or service for bitcoins.

Caution! Bitcoin is notorious for scams, so before using any service look for reviews from previous customers or post your questions on the Bitcoin forum.

Without getting into the technical details, Bitcoin works on a vast public ledger, also called a blockchain, where all confirmed transactions are included as so-called ‘blocks.’ As each block enters the system, it is broadcast to the peer-to-peer computer network of users for validation. In this way, all users are aware of each transaction, which prevents stealing and double-spending, where someone spends the same currency twice. The process also helps blockchain users trust the system.

“Unlike traditional currencies, which are issued by central banks, Bitcoin has no central monetary authority. Instead it is underpinned by a peer-to-peer computer network made up of its users’ machines, akin to the networks that underpin BitTorrent, a file-sharing system, and Skype, an audio, video and chat service. Bitcoins are mathematically generated as the computers in this network execute difficult number-crunching tasks, a procedure known as Bitcoin “mining”. The mathematics of the Bitcoin system were set up so that it becomes progressively more difficult to “mine” Bitcoins over time, and the total number that can ever be mined is limited to around 21 million. There is therefore no way for a central bank to issue a flood of new Bitcoins and devalue those already in circulation.”

How can I store my bitcoins?

To see how the system works, imagine someone called Alice who’s trying out Bitcoins. She will sign up for a cryptocurrency wallet to put her bitcoins in.

The Bitcoin Wallets

There are three different applications that Alice could use.

Full client – This is like a standalone email server that handles all aspects of the process without relying on third-party servers. Alice would control her whole transaction from beginning to end by herself. Understandably, this is not for beginners.

Lightweight client – This is a standalone email client that connects to a mail server for access to a mailbox. It would store Alice’s bitcoins, but it needs a third-party-owned server to access the network and make the transaction.

Web client – This is the opposite of “full client” and resembles webmail in that it totally relies on a third-party server. The third party replaces Alice and operates her entire transaction.

You’ll find wallets that come in five main types: Desktop, mobile, web, paper and hardware. Each of these has its advantages and disadvantages.

Bonus: The Most Comprehensive Digital Wallet Guide: Step-by-Step Examples

How do I buy and sell stuff with Bitcoins?

Here’s the funny thing with Bitcoins: there are no physical traces of them as of dollars. All you have are only records of transactions between different addresses, with balances that increase and decrease in their records that are stored on the blockchain.

To see how the process works, let’s return to Alice.

Example of a Bitcoin transaction

Alice wants to use her Bitcoin to buy pizza from Bob. She’d send him her private “key,” a private sequence of letters and numbers, which contains her source transaction of the coins, amount, and Bob’s digital wallet address. That “address” would be another, this time, the public sequence of letters and numbers. Bob scans the “key” with his smartphone to decode it. At the same time, Alice’s transaction is broadcast to all the other network participants (called “nodes”) on her ledger, and, approximately, ten minutes later, is confirmed, through a process of certain technical and business rules called “mining.” This “mining” process gives Bob a score to know whether or not to proceed with Alice’s transaction.

The transaction between Alice and Bob

What is Bitcoin Mining?

Mining, or processing, keep the Bitcoin process secure by chronologically adding new transactions (or blocks) to the chain and keeping them in the queue. Blocks are chopped off as each transaction is finalized, codes decoded, and bitcoins passed or exchanged.

Miners can also generate new bitcoins by using special software to solve cryptographic problems. This provides a smart way to issue the currency and also provides an incentive for people to mine.

The reward is agreed-upon by everyone in the network but is generally 12.5 bitcoins as well as the fees paid by users sending transactions. To prevent inflation and to keep the system manageable, there can be no more than a fixed total number of 21 million bitcoins (or BTCs) in circulation by the year 2040, so the “puzzle” gets increasingly harder to solve.

What do I need to know to protect my Bitcoins?

Here are four pieces of advice that will help your bitcoins go further.

As you’d do with a regular wallet, only store small amounts of bitcoins on your computer, mobile, or server for everyday uses, and keep the remaining part of your funds in a safer environment.

Backup your wallet on a regular basis and encrypt your wallet or smartphone with a strong password to protect it from thieves (although, unfortunately, not against keylogging hardware or software).

Store some of your bitcoins in an offline wallet disconnected from your network for added security. Think of this as a bank, while you, generally, keep only some of your money in your wallet.

Update your software. For added protection, use Bitcoins’ multi-signature feature that allows a transaction to require multiple independent approvals to be spent.

Spending some time on these steps can save your money.

I recommend the Nano Ledger S – Hardware Wallet

Nano Ledger S is just as secure as the other two hardware wallets. It is popular because of its relatively low price of $65 compared to its competitors. Being smaller than KeepKey, it is more portable and easier to carry around. It is a hardware wallet that comes at a very competitive price.

What else do I need to know?

Protect your address: Although your user identity behind your address remains anonymous, Bitcoin is the most public form of transaction with anyone on the network seeing your balances and log of transactions. This is one reason why you should change Bitcoin addresses with each transaction and safeguard your address. You can also use multiple wallets for different purposes so that your balance and transaction history remain private from those who send you money.

Government taxes and regulations: Government and local municipalities require you to pay income, sales, payroll, and capital gains taxes on anything that is valuable – and that includes bitcoins. The legal status of Bitcoin varies from country to country, with some still banning its use. Regulations also vary with each state. In fact, as of 2016, New York state is the only state with a bitcoin rule, commonly referred to as a BitLicense. Zero is the least with the number 3 being the most reliable for average bitcoin transfers. If you’re sending or paying for, something valuable, wait until you, at least, receive a 6.

What are the disadvantages of Bitcoin?

Bitcoin got off on the wrong foot by claiming an apocryphal person (or persons), Satoshi Nakamoto as its founder. Nakamoto has never been found.

Regarding more practical concerns, hacking and scams are the norms. They happen at least once a week and are getting more sophisticated. Bitcoin’s software complexity and the volatility of its currency dissuade many people from using it, while its transactions are frustratingly slow. You’ll have to wait at least ten minutes for your network to approve the transaction. Recently, some Reddit users reported waiting more than one hour for their transactions to be confirmed.

Scams to watch out for:

The four most typical Bitcoin scams are Ponzi schemes, mining scams, scam wallets and fraudulent exchanges.

Ponzi Scams: Ponzi scams, or high-yield investment programs, hook you with higher interest than the prevailing market rate (e.g. 1-2% interest per day) while redirecting your money to the thief’s wallet. They also tend to duck and emerge under different names in order to protect themselves. Keep away from companies that give you Bitcoin addresses for incoming payments rather than the common payment processors such as BitPay or Coinbase.

Bitcoin Mining Scams: These companies will offer to mine outrageous amounts of bitcoin for you. You’ll have to pay them. That’s the last you’ll see of your money (with no bitcoins to show for it, either).

Bitcoin Exchange Scams: Bitcoin Exchange Scams offer features that the typical bitcoin wallets don’t offer, such as PayPal/Credit Card processing, or better exchange rates. Needless to say, these scams leave you in the hang while they siphon your dollars.

Bitcoin Wallet Scams: Bitcoin scam wallets are similar to online wallets – with a difference. They’ll ask you for your money. If robbers like the amount, that’s the last you’ll see of your deposit. The address, in other words, leads to them, rather than to you.

Of all of these, wallet scams are the most popular with scammers managing to pinch millions.

What are the advantages of Bitcoin?

The best thing about Bitcoin is that it is decentralized, which means that you can settle international deals without messing around with exchange rates and extra charges. Bitcoin is free from government interference and manipulation, so there’s no Federal Reserve System‍ to hike interest rates. It is also transparent, so you know what is happening with your money. You can start accepting bitcoins instantly, without investing money and energy into details, such as setting up a merchant account or buying credit card processing hardware. Bitcoins cannot be forged, nor can your client demand a refund.

It’s small wonder that users call Bitcoin “Money 2.0” or that Bill Gates called it “a techno tour de force.”

What is Bitcoin: Conclusion

Where do I go from here?

Here are various resources that will direct you to best places for finding wallets, stores that accept bitcoins, exchanges for trading Bitcoin, and Bitcoin news, prices, charts, guides and analysis among other information.

Bitcoin.org – Choose your Bitcoin wallet from 12 different mobile, desktop and hardware applications.

Coinmap – For bitcoiners who want to spend their BTC at brick-and-mortar locations, Coinmap refers you to hundreds of retailers who accept bitcoin at their physical store locations.

Blockchain Explorer | BTC | ETH – Blockchain info is the go-to place for checking transactions on the ledger. You can check how much money your wallet contains, or, for that matter, how much BTC is stored at any particular wallet address.

Bitnodes – Run by the Bitcoin Foundation, Bitnodes estimates and visualizes the size of the bitcoin network.

Wizbit – Wizbit shows all transactions and newly mined blocks in real time on an eye-catching spinning globe.

We Use Coins – What is Bitcoin? Introductory video and current Bitcoin price. is a list of credible exchanges for trading Bitcoins worldwide or in the U.S.

Buy Bitcoin Worldwide – Get help finding a Bitcoin exchange.

 

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TOP 10 Cryptocurrency Coins You should INVEST and HOLD

Now Bright Time To HODL 10 Coins !! These below ten coins will soon going to boom the entire cryptocurrency market so here’s my top 10 favorite cryptocurrency coins that I have invested for long term whether its 2019 or 2020 or 2021 or 2022 or whatsoever be the year of upcoming future :-

1.XRP

In my Top of the list the number 1 coin which I will highly recommend is the Xrp coin because of its great technology specifically used for making cross border payments to other countries and you can easily buy ripple Xrp from changellyhere which is one of the best secure platform to buy the cryptocurrency with your credit/debit card and if changelly does not work for you then you can first buy btc’s from localbitcoins here which is also a secure platform to buy the cryptocurrency coins which almost supports all the countries of world and then you can easily buy XRP coins with your btc’s from binance here.Now talking about XRP so XRP is not decentralized, full stop. It is not a trustless network, it is a trusted network.

As a bank, you can use Bitcoin, Ethereum, Dogecoin right now and have the same usefulness as XRP. You can send huge amounts of money overseas and have it arrive within a few seconds/minutes

Personally I have invested $50,000 in xrp by buying through changelly because I see xrp as a great future.The only thing that XRP does it converting it out of crypto back into FIAT again immediately.

Banks don’t have that many huge cross-border transactions. The 100 banks that use XRP maybe do 100 transactions like this each per day, which amount to 10,000 per day, which is a measly 0.2 TPS per day. Any crypto can handle this tiny amount. So because of its huge partnerships with some of world’s greatest leading banks and soon they are going to list on platforms like Bakkt and Nasdaq in first quarter of 2019 which eventually leads to increase in prices of Xrp. Xrp is right now at 2nd place in the coinmarket cap list and I think it will soon surpass bitcoin in few months. So I will not advise you to invest in other altcoins right now because I think they are still evolving and their implementation will take longer time. So make your investments wisely so that you won’t suffer the loss in future.I will also recommend you to get in touch with the latest market trends so I generally follow this news media to know about the ongoing market updates and news happening in cryptocurrency space. So do your own research and analysis and invest wisely.

2.Elastos(ELA)

So second is Elastos because it is probably the best out of all 2,000 cryptocurrencies but its implemenation will take longer time and if you want to buy it then first you have to buy some BTC’s from changelly here and then you can transfer your BTC to Kucoin exchange and from Kucoin you can easily buy your Elastos coin (ELA).

Top reasons you should buy ELA:-

1.Genuine and strong team of 100+ with ex Microsoft core team leader Rong Chen.

2.Unique idea which is 18 yrs in development,connecting all smart devices IOT and vehicles.

3.BTC security of network operating sistem with merge mining.

4.Small circ.supply of 7,9 mil ELA and total 33mil where 16 mil is gonna be used to fund the projects to be build on Elastos.

5.Scalability Main Chain + Sidechain Structure,Elastos carrier,Elastos runtime

6.Alpha stage working product ,Beta by end of the year.

7.Strong Parnerships already in film industry,file sharing industry etc.

8.Elastos is not a blockchain project but rather a network operating system project so Elastos is not directly competing with any other blockchain projects but It can work together with them to form this new ecosystem where the decentralized applications run directly on the device instead of running on the blockchain along with decentralized peer to peer network to transfer assets in a completely closed sandboxed environment, thereby solving the three pillar issues that are prevelant in the internet of today – security, scalability and decentralization.Having ability to work together and connect with other projects is big advantage.

9.Elastos = Trustworthy Ledger + Smart Contracts + Monetizable Dapps and Digital Assets.

10.Only few exchanges at the moment,I dont wanna imagine price movement when added on others.

3. EOS

On my list the 3rd coin is EOS which is a Ethereum competitor that aims to dethrone Ethereum as the new king of DApps and token launches. EOS can solve almost all of the ETH problems, with biggest focus on scalability so if you want to buy it then first you have to buy some BTC’s from changelly here and then you can easily buy it with your BTC’s.

Top reasons why you should buy EOS:-

The aim of the project is to provide a decentralized platform. This should be a kind of OS (Operating System), which is characterized by the following features:

1) EOS is a blockchain OS

It takes care of cryptographic aspects and takes over authorizations – developers of dApps should take care of the business logic of their product without having to deal with the system on a cryptographic level.

2. EOS provides dApps own databases with schemas

In addition, different database indices can be used – this means that data can be sorted in different ways, for example, and can be processed more efficiently.

3. EOS utilizes integrated user management

There are accounts on the platform that can be assigned different rights.

4. Parallel versions

As an OS, EOS allows parallel execution of programs – for example, it would be possible for Steem and Bitshares to run in parallel on the platform.

4.Binance

Binance is the biggest cryptocurrency exchange in the world right now.And as we go into 2019, I can only see it becoming bigger.More people are going to be investing in cryptocurrency, which means Binance’s user base could grow.Asthey’re so well established, it’s the first port of call for rookie cryptocurrency traders.And because of people’s reliance on Binance, the BNB token is one of the most traded coins on the market.Why?Because when you trade with BNB coin, you get a discount on exchange fees.They also have a decent affiliate referral scheme that has contributed to the company’s growth.Plus the exchange is pretty easy to use and hasn’t had any serious security problems yet, unlike other high profile cryptocurrency exchanges. Binance is one of the biggest cryptocurrency exchanges in the world.They have a huge audience to market the coin towards. BNB a clear use case – mainly because users discounts on exchange fees if they trade via Binance.They have a great team that’s ambitious and experienced in the cryptocurrency world. BNB coin have a smart referral scheme that’s helped grow their platform’s adoption.They’re expanding their user base – and that could continue throughout 2019

Their customer service is pretty responsive – unlike many competing exchanges

BNB coin is creating an ecosystem within Binance – rewarding customers for their loyalty

It’s an easy to use exchange platform

They already have an established brand and a strong marketing strategy.

5.Bitcoin

Bitcoin dominates the cryptocurrency market.It’s the main trading pair for every other altcoin out there:

So if you want to trade OmiseGo for example, you need Bitcoin to buy it.

And if BTC prices go up, so does the rest of the market. If Bitcoin goes down, every other altcoin is affected.Bitcoin also has the highest market cap, the world’s biggest cryptocurrency community and it’s the most talked about brand in crypto right now.

In other words, Bitcoin is one of the best cryptocurrencies to invest in 2019.

Whilst BTC’s dominance is gradually falling, right now it’s still king of the crypto world.Bitcoin is the most dominant cryptocurrency on the market right now

It’s the most well known brand in the blockchain world

Whilst most people outside the crypto world don’t understand how Bitcoin works, it’s extremely well known

Bitcoin tends to dictate the rest of the market’s value

BTC is a store of value – you can measure the rest of the market’s value by comparing the price of Bitcoin

Lightning network updates are being to released to increase Bitcoin’s scalability for real world transactions

BTC has a huge community of followers and it’s an open source project that anyone can contribute to

BTC Core development team is constantly striving to improve the Bitcoin network.

6.OmiseGo

OmiseGo is a payment platform.Launched in South East Asia, it’s aiming to create a cryptocurrency exchange where customers and merchants can easily transfer cryptocurrency assets.It’s like a cryptocurrency version of Stripe or PayPal.They’re part of the Omise group, a company that’s had years of experience delivering payment technology.They’ve also announced partnerships with McDonald’s Thailand and the Thai Government.With 2 billion people around the world still without bank accounts, OmiseGo could be a very useful alternative. This project could completely disrupt the financial sector.Plus, they’re soon releasing the Plasma Protocol. This could make OmiseGo capable of handling thousands of transactions, driving more users to the platform.OMG makes it much easier for people to exchange fiat into cryptocurrency – driving more mainstream adoption of cryptocurrencies

It allows people without bank accounts to hold digital assets

OmiseGo could completely transform the financial landscape in 2019

Their Plasma Protocol upgrade should make OmiseGo a more scalable platform

You don’t have to worry about a third party financial institution handling your financial information

It cuts out the middleman for transactions (e.g. banks) – decentralizing payments

They’ve partnered with some of the biggest institutions and corporations in Thailand

They’ve strategically located their operation within South East Asia – where the financial sector could seriously benefit from cryptocurrency.

7.Lisk

Lisk is a platform for creating decentralized apps.There are going to be thousands of entrepreneurs with ideas for the blockchain, but they’ll need an easy way to create decentralized apps.And that’s where Lisk comes in.Lisk makes it easy for developers to launch their own cryptocurrency token.How?Well, mainly because developers can use Java to program their blockchain applications.If you look at cryptocurrencies like Ethereum, you need to know or hire someone who understands how to program with Solidity. And that’s no easy or cheap task.Plus, with new updates constantly being released, Lisk is expected to have a great year in 2019.They’re constantly releasing new updates for the project

Lisk is receiving hundreds of thousands of new wallet sign ups every month

Their mainnet has been around for over 2 years now – that’s a long time in the crypto world

They’re serious about growing the brand – Lisk has over 15 members of staff in their marketing team (way more than most cryptocurrencies)

There’s a lot of investor confidence in the coin – they are one of the most successful ICOs of all time

You can create your own sidechain with Lisk with Javascript – millions of developers already know how to program with Java

You don’t need to learn Solidity to program via Lisk – meaning it could be easier to build decentralized apps with this cryptocurrency than Ethereum

It solves a lot of the problems with Ethereum’s platform

They’re hiring and investing in the growth of their development team

They have their own mainnet/blockchain

The Lisk project is fairly well established.

8.Ethereum

Ethereum is another platform designed for launching decentralized applications.Despite facing a lot of competition in the decentralized apps industry, Ethereum’s total market cap is higher than their competitors.2019 will about making Ethereum more scalable.Why?Because scalability is the biggest barrier to the growth of ETH.And many users have complained that Ethereum is too slow to handle mass volumes of transactions.So what’s in store for their roadmap?Well, Ethereum has already developed it’s first version of Casper Protocol, which is currently being tweaked.This will make Ethereum a Proof Of Stake blockchain – making it more secure and scalable.Plus, their development team is planning to introduce Sharding around 2019/2020.Ethereum is one of the biggest names in cryptocurrency

They have a massive community and a huge following

A lot of investors are very confident in Vitalik Buterin’s leadership skills (founder of Ethereum)

Ethereum is the most popular platform for launching ICOs – so they’re dominating the market

They’re actively working on making their blockchain more scalable

Sharding and Casper Protocol will be two massive updates for the Ethereum blockchain in 2019

Ethereum’s Smart Contract functionality is one of the most powerful features in the blockchain world

It’s an extremely versatile decentralized app platform that could be used for launching almost any type of blockchain related idea

Ethereum is one of the most trusted blockchain projects in the world.

9.IOTA

Founded by David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov in 2015, IOTA is going to be among the most-talked-about cryptocurrencies in 2018. Thanks to its unique blockchain architecture, transactions made on IOTA are completely free regardless of the ticket size of the payment.

This is an extremely useful feature especially for a cryptocurrency which aims to become a payment mode that’s adopted by startups and tech corporates alike.

IOTA also operates the IOTA Foundation and has already tied up with companies like Deutsche Telekom, Fujitsu, and Microsoft. Considering all these factors, IOTA is among the cryptocurrencies to watch out for in 2018 as it aims to integrate itself better with mainstream payments. IOTA also aims to get heavily integrated into the Internet-of-Things (IOT) ecosystem so that’s another space worth watching out for.

10.Steemit

Steemit is a blogging and social media platform that has now integrated itself into the world of cryptocurrencies. On the Steemit platform, users get awarded tokens for writing comments, creating blogs, and for generating content which can be used for payments on the internet. This is, therefore, an excellent way of mining cryptocurrency by generating online content.

As of now, Steem dollars and tokens can be used for payments only within the platform. However, as Steemit grows, we can soon expect to see this cryptocurrency gaining wider traction for payments made on the internet using blockchain technology.

If you are not able to buy these above 10 coins from changelly then I will recommend you to first buy the btc’s from localbitcoins here and then you can easily buy those above mentioned coins with your btc’s from binance here.

And if you are new to cryptocurrency world and does not know anything about it then I will strongly recommend you can start here which will help you a lot.

Best of Luck!

How to Start with Cryptocurrency Coins

Let’s introduce you to the Digital currency revolution which is future of entire world also known as cryptocurrency.

Making online money will give you the financial freedom. You can earn unlimied money online and you do not have to depend on anything because i will only tell you the legit stuff which works very fast and very secure.

I will not mind if you don’t say thank you to me in future as i know that you will be ofcourse a happy person that you know that you can earn a big amount of dollars in just a week or in just a month.. 🙂

Don’t waste your precious time and energy on writing blogs, doing surveys, completing offers and tasks and fake paid to click websites as they won’t give you any money and only leave with you disappointment and failure.

You don’t even need to work on freelancing sites like upwork, fiverr etc.

So let’s start now and get right to the point..

The Digital currency is the future of entire world and for the upcoming generations and most of the countries are already using Digital currencies.

The Bitcoin is the first digital currency and you know that Bitcoin costs very large amount of dollars and the cost is increasing day by day.

So I am not telling you to buy the bitcoin. Ofcourse you will not buy it if you don’t have enough money.

But you can easily earn a bitcoin by mining it for free or by just investing $100 to $300.Yes this is really true.

Let’s take Example :- You only have $100 to $300 to invest or any higher amount (Most Recommended)

Now if you are new to Cryptocurrency then I will suggest you to first have a look at CoinMarketCap so that you can decide on which top coins you should trust to invest your precious money.

Now some of the answers or posts on internet may have suggest you to go for mining those coins. But I will not recommend you to go for mining because then you need to buy that mining hardware which costs very expensive so better is to just instead of buying that mining hardware you invest that money into your favorite top coins.

So let’s say you decided that you want to invest your money into Xrp which is 2nd topmost coin in the coinmarket cap list and I personally also like xrp. So you need to do some research on xrp that Is this coin worth investing or Does this xrp coin have any real world utility so that it can benefit for the people around the world and What are the pros and cons of this xrp coin. So keeping this factors in mind you should make your investment.

I personally have invested 75 percent of my money into xrp because of its great technology. So decide any Cryptocurrency coin that you wish to buy and then wisely invest.

And if you want to know why i have invested in xrp and you also want to make your investment into xrp then you can read here Top Reasons to invest in XRP

So next step is to buy the Cryptocurrency coin for which I will recommend you to buy from localbitcoins here which works globally almost supports all the countries of world or you can also buy from coinbase in case your country support it . So just try both of them and see which works best for you to buy your cryptocurrency coins.

If you don’t able to figure out on how to buy coins on localbitcoins then just search on youtube “buy on localbitcoins” and similarly “buy on coinbase” then definitely you can see some videos which will be helpful to you.

And in case if both localbitcoins and coinbase does not work for you then you can go for buying from remitano here and changelly here.

And similarly you can search on youtube “buy on remitano” and similarly “buy on changelly” which will help you a lot in order to buy those coins after watching those videos.

But first you need to understand the addresses related with Cryptocurrency coins.

There are two types of address associated with bitcoin or any other cryptocurrency coin available in market which helps to send and recieve:

1.Deposit Address

2.Withdraw Address

So let’s say you want to buy bitcoin or xrp or any cryptocurrency coin.

And after buying bitcoins from localbitcoins here then you can buy or trade some other coins which are available on binance here according to your wish.

And if you don’t want to trade or buy some other coins and only want to keep bitcoins then you can just have them hold on localbitcoins and you have to do nothing.

So here’s the below procedure on how to proceed further:-

First scenario you need to buy the bitcoins from localbitcoins here because its the secure platform to buy any cryptocurrency like bitcoin,ethereum,xrp. Then you need to have an bitcoin(btc) wallet which you can open at binance here free and there you can transfer your bitcoins from localbitcoins to binance using your wallet address. So on localbitcoins just put your binance bitcoin depositing wallet address in the withdraw address field and then just finish. Now your bitcoins are transferred from localbitcoins to binance.

Second scenario you want to recieve bitcoins from another person .So just in that case open your bitcoin (btc) wallet on binance here free and tell that person your depositing bitcoin (btc) wallet address. So that person will now transfer the bitcoins to your binance’s depositing bitcoin wallet address.

Now talking about trading on binance This will give you results fast like running tiger so binance is the digital currency exchange platform and offers low cost exchange. This will be the most powerful thing you have ever seen.So whenever the price is low you can easily buy any cryptocurrency coin in which you are interested and you can sell them at higher price as per the market price on binance and can gain some huge nice profits. You can also search and watch “ Binance trading” tutorial videos on youtube on how to do trading in binance so that you can easily learn trading which is not so much difficult to understand.

The Top Reasons to invest in XRP

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XRP is the only digital asset with a multi-trillion dollar use case. Picture this; you send an email to a family member in another country. The email includes pictures and even video and maybe a few documents. You can literally send that information to your family member located thousands of miles across the sea, in seconds, and for free. Now, you also want to send a thousand dollars to your family member. With today’s banking technology, it takes about 5 days for your family member to receive that money to the point that they can withdraw the cash from an ATM. It would have also cost you about 5% of that $1,000. So in a day and age that you can send video across the world instantly and for free, you would be better off jumping on a plane to deliver that $1,000 in person (in regards to the amount of time it takes). We live in the 21st century, this is not acceptable. Money/value should travel as fast as information, and at almost no cost.

XRP, combined with a company called Ripple, are providing a massive upgrade to the existing banking system (note that this statement is important and intentional). Ripple isn’t trying to replace the banking system (which is what Bitcoin is hoping to do). Ripple is working with the banking system to provide them with an upgrade to the slow and expensive ‘Swift’ system (Swift is owned by tier 1 banks and all other smaller banks of the world must pay the larger banks to use Swift). When you send money across the world, chances are, you used Swifts system to do so. Swift is slow, expensive and has a fail rate of about 6%.

Ripple can send value (money) across the globe within 4 seconds, at a cost of a fraction of one cent, and with a 0% fail rate.

So, not only does Ripple and XRP save banks time and money, but if a bank in Mexico wants to send money to a bank in Thailand, that bank must have funds tied up in that foreign country. These are called Nostro/Vostro accounts. Trillions of dollars are currently locked up in these Nostro accounts. This is wasted money that banks must keep in every country they wish to transact with. XRP eliminates the need for these Nostro accounts, so banks that sign up for Rippes xRapid (which uses XRP for settlement) can unlock those funds and put them to better use. So why would a bank use Ripple:

1): The banks save 60% or more by switching to Ripple/XRP.

2): Banks can send money across the globe instantly, versus waiting 3 to 5 days.

3): And probably the most important, is the fact that banks can now take those locked up funds that they have had to keep stashed away in Nostro accounts and invest them.

Before you invest in crypto, do yourself a favor and spend a day or two researching Ripple, the company, and XRP, the digital asset.

So may be you are lucky today or may be the time is right for you. So everything starts with the vision and its upcoming potential in the near future so did anybody had an idea that one day organizations like apple google yahoo amazon facebook will gonna rule this entire world but the people who had great visions saw this as an opportunity and invested their money because they know their input will become someday a great output and they will be proud of investing and spending their money on the right thing at the right time and at the right place.

So right now almost 30 percent of my investments which is nearly $150,000 dollars because soon cryptocurrency will going to rule this entire world and if you are one of those who has the ability to see the future in cryptocurrency then I must say you also have a great vision.

Personally I have invested almost $50,000 dollars out of $150,000 dollars in xrp and buy them through changelly which is one of the best secure platform to buy the cryptocurrency coins with your credit/debit card . So if you want to buy xrp coins and you don’t have credit/debit card then you can first buy btc’s from localbitcoins here which is also a secure platform for buying cryptocurrency coins and supports almost all the countries worldwide. So after buying the btc’s from local bitcoins you can easily buy xrp coins with your btc’s from binance here.

I see ripple xrp as a great future because of its huge partnerships with some of world’s greatest leading banks and because of its great technology specifically used for making cross border payments to other countries. Xrp is right now at 2nd place in the coinmarket cap list and I think it will soon surpass bitcoin in few months. So xrp has real usecase with specific utility in real life to solve the real world problems. So if you want to spend your money make sure you do some wise investments because money generates more money and most of the rich people do that way. So I will highly recommend you that if you want to spend your precious money then go ahead buy some xrp as liitle as $100 or more depends upon how much you can afford to invest and buy from secure platform like changelly and hold them for few years and enjoy the fruitful results which you have never imagined and never expected.

Coinbase planning to add 30 more Crypotcurrencies

Coinbase is a all over the world secure online platform for buying, selling, transferring, and storing digital currency make buying and selling digital currency easy. Sending or receiving digital currency between online wallets, friends, or merchants on Coinbase is free and they handle security and backups so you don’t have to worry.

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  • Most popular U.S. cryptocurrency exchange, known for its slow and careful nature when adding tokens to its platform, is looking to add 30 new ones.
  • XRP is notably on the list. Speculation that it might be added to Coinbase boosted prices earlier this year.
  • Coinbase only offered a handful of cryptocurrencies last year as bitcoin and crypto mania took hold of retail investing.
  • The exchange did not guarantee that all of the assets will ultimately be listed for trading.

All of the 30 assets still require significant exploratory work from both a technical and compliance standpoint. The company did not guarantee that all the assets will ultimately be listed for trading. Other digital currencies under consideration include EOS, Cardano, Stellar, Tezos, ChainLink, Mainframe and Dai.

 

XRP, the second largest cryptocurrency by market cap, had notably been left off of Coinbase’s small but growing list of options. Fans of the cryptocurrency constantly call for its addition to Coinbase, which many say would boost volume and as a result, prices.

The speculation reached a fever pitch in March ahead of an appearance by Ripple CEO Brad Garlinghouse and Coinbase President and Chief Operating Officer Asiff Hirji on CNBC’s “Fast Money.” The two executives were scheduled to appear in separate, unrelated interviews.

Still, the cryptocurrency spiked 10 percent that day on rumors on Twitter and reports by other news outlets that XRP would finally make its debut on Coinbase. There was no such announcement.

Working with the regulators

Coinbase, recently valued at $8 billion, like most other crypto start-ups has been on high alert to stay on the right side of regulation.

The U.S. Securities and Exchange Commission has repeatedly warned cryptocurrency founders that initial coin offerings, aside from bitcoin and ether, are classified as securities and have to register accordingly.

In November, the SEC had its first settlement with an exchange for not registering with the agency. In addition to settling with crypto exchange EtherDelta, it also settled its first civil penalties solely for initial coin offering, or ICO, for a registration violation.

San Francisco-based payment company Ripple, which owns roughly 60 percent of the XRP in existence and uses it for its cross-border payments products, has been in talks with Coinbase since at least April about adding the cryptocurrency. But whether or not XRP was a security, and its regulatory status was never discussed, Ripple’s chief market strategist Cory Johnson told CNBC at the time.

Right now, Coinbase lists nine cryptocurrencies in the United States, up from just four options earlier this year.

After notching a record high of $3.84 in January, XRP has pulled back significantly to around 29 cents, according to CoinMarketCap.com. It was down 10 percent Friday as bitcoin dropped to a 15-month low.

 

So these 30 new (potential) assets might not be the digital security tokens that Coinbase is moving to add, but the fact that the exchange is exploring so many new assets in one go shows how much wider the company’s vision is now.

The crypto community has already reacted strongly to this deluge of new assets. As you might expect, it is a mix of naive optimism from those invested in “under-performing” projects (shitcoins) who think a Coinbase listing could turn everything around, and criticism from crypto watchers who voiced concern that Coinbase is throwing its prestige and support behind less-than-deserving cryptocurrencies.

Bitcoin – Why should you start investing in Digital currency – The fact to make money with Cryptocurrencies

We are heading towards future and at some point in time fiat won’t exist anymore in the world so businesses are all about money with profits at right place and I think you need to follow the right direction and basically so there is no wastage of your precious time and no wastage of your precious energy. Yes you heard this right. And trust me this is the only legit and trusted stuff available online.
So I introduce you to the Digital Currency Revolution which is future of entire world also known as Cryptocurrency.

I will not mind if you don’t say thank you to me in future as I know that you will be of course a happy person that you know that you can earn a big amount of dollars in just a week or in just a month.. 🙂
Sounds too good to be true.. Well give it a try and make yourself proud..
Enough of talk done..

So let’s start now and get right to the point..
The Digital currency is the future of entire world and for the upcoming generations and most of the countries are already using Digital currencies.
The Bitcoin is the first digital currency and you know that Bitcoin costs very large amount of dollars and the cost is increasing day by day and sometimes decreases as per the market trend .
So I am not telling you to buy the bitcoin.Of course you will not buy it if you don’t have enough money.
But you can easily earn a bitcoin (btcs) by trading.
So in trading you need to invest at least $300 or $1000.
So basically there are two scenarios for you which are
Investing money and Without Investing money:-
Changelly– (Investment needed)
I made huge amount of money by just investing $1000 in just three months. Changelly  is the right place for buying cryptocurrency like bitcoin ,ethereum ,ripple xrp, cardano  so just start by investing $1000 or if you don’t have enough money so just start by investing $300 and then buy the BTC and then you can easily buy the other crypotcurrencies very easily with BTC. So whenever the price is low you can easily buy any cryptocurrency in which you are interested and you can sell them at higher price as per the market price and you can do this trading on Binance . You can also search and watch “ Binance trading” tutorial videos on youtube on how to do trading in binance so that you can easily learn trading not so much difficult to understand.

This will give you results fast like running tiger. Binance is the digital currency exchange platform and offers low cost exchange. This will be the most powerful thing you have ever seen. I will highly recommend you to first join Changelly here free in order to buy cryptocurrency and then second join Binance here free and after that you can earn a bitcoin and other digital currencies simply by trading here. Changelly and Binance works globally and highly secure all over the world. Changelly and Binance works very fast on mobile and desktop so it is easy for you to use. Changelly and Binance will offer you low cost fees after joining which is really excellent. Its really important to verify your email address and complete identity verification by submitting documents when doing signup on Changelly and Binance so that you can achieve the maximum profits and results.

You can easily earn $500-$1000 in just a month by only working for 20 minutes in a day. Now it depends on you that do you want to earn fast as running tiger or earn like as slow moving tortoise.If you choose tortoise then you need to be very much patience for a long time.I prefer to run like tiger.Give it a try and you will find yourself the best results.

I highly recommend that you join Changelly and Binance here so that you can be successful to achieve the results.

Happy Earnings and Happy Profits. This is just the ultimate path for your financial independence and also for your family and you will become one of the happiest person of the world.. 🙂

Xrp can replace bitcoin and be the top Cryptocurrency of the world

XRP remains as one of the most resilient cryptos in the last market dip.

XRP Could be the Largest Cryptocurrency

During the last week, one of the hot topics was XRP surpassing Ethereum as the second most valuable crypto. However, the market continues to fall and XRP remains one of the most stable currencies. While Bitcoin and Ethereum have lost 22% and 27% respectively, XRP has lost around 5.2% in the last 7 days.

After surpassing Ethereum, the XRP community remained very bullish about the future of this altcoin. The Twitter user The Ripple Shadow said that in the next year, XRP could be surpassing Bitcoin as the most valuable cryptocurrency in the market.

Nevertheless, this is not the first influencer in the crypto community to support XRP. Binance CEO, Changpeng Zhao, hinted that they could consider to include XRP as a base virtual currency for Binance. This exchange is the largest in the market in terms of trading volume.

Mr. Zhao asked the community to start shilling XRP under the tweet he wrote. He said on Twitter:

“The XRP base shill is strong. Let’s get it out of your system, and put all your shills under this one tweet, and let’s see how much we get.”

So the total market cap for Cryptosphere is at $215B and remains significantly below where even the lowest positive conservative estimates are projecting.

It appears the growth and excitement of XRP news and increased token price and the anticipation of the hard fork of BCH have really spurred this latest run up.

XRP is within $.5B of overtaking ETH for the number 2 position in market capitalisation once again.

For those who don’t believe market capitalisation is important, consider the % allocations of financial products (ETF) makeup when approved. ETF’s will be based on a basket of tokens to mimic the overall market to reduce risk.

Additionally, Bitcoin dominance is trending back to closer to the 50% range.

I am hopeful XRP will continue its’ run and we see continual increases until we put ETH in the rearview mirror in regards to market cap and broader acceptance,

While I am hopeful for big jumps, I think we will continue to see a slow and steady rise as we move forward and prices like .50 will be a sweet memory.

Good luck to all and be patient and keep the faith in the Ripple team, XRP as they transform the current remittance system and you into wealthy early adopters!