How to Buy a Small Amount of Bitcoin | Paxful Blog

What will undoubtedly happen from a macroeconomic (big picture) perspective... idiots

OKAY. So demand has been reduced dramatically around the world, our $21 trillion GDP has basically been paused for 2 months, so to keep it afloat (rough math), the government had to add $3.5 trillion to keep the economy running somewhat smoothly. That's a lot of printing, you idiots probably expect inflation. Wrong, step away from the US and look at what other countries are doing, the ECB (European Central Bank) and BOJ (Bank of Japan) are having to print trillions of dollars worth of EURO and YEN to keep their economies going, along with every other country getting pounded. Not only that, but since the US dollar makes up 70% of global transactions, in liquidity terms, trillions worth of euro and yen is MUCH MUCH more than any amount Jpow feels like printing, there's no way our printing could offset what the rest of the world is doing, so inflation isn't coming. If you want proof, just look at the euro/usd (going lower) and literally ANY emerging market currency is getting absolutely clapped vs the dollar.

Furthermore, not only is US corporate debt at an all time high, but emerging markets, the eurozone, and asia has borrowed more dollars than ever before at any point in history, basically everyone around the world's debt is denominated in US DOLLARS. So what's about to happen? It's already happening, demand for US dollars is going up because everyone around the world wants to borrow more to offset cash flow concerns and pay off existing debts, which will cause the dollar to increase in value. What happens when the whole world has debt in dollars and the dollar goes up in value? DEBT BECOMES MORE EXPENSIVE. This is DEFLATION, and in particular and even more terrifying DEBT DEFLATION, a phrase that would make Jpow absolutely shit himself (and he knows its coming). This has already started before the whole beervirus nonsense, look at Venezuela and Zimbabwe, they had too much dollar debt, no one wanted to lend to them anymore and whoops, their currency is worthless now. It's going to be like a game of musical chairs for people trying to get access to dollars, starting with emerging markets and eventually moving into the more developed economies. The result: massive corporate bankruptcies, countries defaulting on debt (devaluing their currencies) and eventually a deleveraging of massive proportions. This WILL occur and no amount of printing can stop it, it's already too far gone.

It doesn't matter what the stock market does, other markets around the world will be fucked, honestly it might cause the market to go up because of all the money fleeing other countries trying to find a safe place to live. Here are the plays assholes. TLT will go up because no matter what Jpow says, he doesn't control the fed funds rate, the market does, and US treasury bond yields have already priced in bonds going negative. CPI shows that we may see up to -3% inflation (3% deflation), meaning at .25% fed funds rate, the REAL rate is 3.25%, that is the worst thing possible during a deleveraging because it makes it harder to stimulate the economy, the fed has no choice, rates MUST go lower. Rates go lower, bond prices go up, TLT 12/18 $205c. Remember how I said scared foreign money will want to find a nice safe place to go when we go into the biggest debt crisis the world has seen in over 300 years? GLD 12/18 $240c. Finally, the dollar will rise in value as well so UUP 12/18 $28c.

As far the actual market, we hit a high of SPY 339.08 in February, fell to a low of 218.26 by mid March, and have since then retraced EXACTLY to the 61.8% Fibonacci retracement level at 290, and started to bounce lower from there. I'm no technical analyst, but I do know history. During the greatest crashes in stock market history, 1929, 2001, 2008, the Nikkei in 1989 (Japan) this exact same thing happened, market got scared and fell to lows, then smoked that good hopium for a few weeks or month to retrace between 50% and 61.8% back to previews highs, then absolutely fell off a cliff. If you don't believe me, go look at the charts. Now, I'm personally not going to be betting on the US market falling because of the fact that its just straight up not reflecting reality and there are much better ways to trade on what's occurring (see trades above), but I PROMISE, that we will not be seeing new highs at any point any time soon.

TLDR; The world is going to shit due to the dollars over-dominance of the world market, we will soon see the worst deleveraging in human history, and may very well have to come up with a new fiat money system (probably not bitcoin, but it wouldn't hurt to have some). TLT 12/18 $205c, GLD 12/18 $240c, and UUP 12/18 $28c. If you wanna be an autist and buy weeklys, I can't help you, but I basically just gave you the next big short, so you're welcome.

DISCLAIMER: I didn't say what price to buy at for a reason, timing is extremely important for trades like this, so don't FOMO in and overpay, you will get clapped.
submitted by Rezuwrecked_ to wallstreetbets [link] [comments]

PayAccept functionalities

submitted by ugur2222 to Crypto_General [link] [comments]

The Paper Network: an option for your grandma to adopt Bitcoin

Imagine not having to explain what Bitcoin is to your grandma and she still being able to use it. Imagine going to your computer and being able to literally print bills for your grandma: 100,000 Sats / 50,000 Sats / 10,000 Sats / 1,000 Sats or any denomination. Yep, just like Dollars or Euros. And she can go to the store and pay in cash (actually cash backed by Bitcoin). I know what you're thinking: "that's a paper wallet". Well... not really. What I'm proposing is a "Smart Bitcoin Bill" to avoid fakes and double spending.
How would it work? Just like an encrypted paper wallet, this bill will be protected by a passcode (a pin, a password, or even a fingerprint). To create it, you just deposit Bitcoin into the Paper Network just like you would do with the Lightning Network or WBTC. Once you do it, you can divide your BTC into several denominations and then print the bills. Once you have the bills, you could go to the store and pay using them and you can use your PIN number or fingerprint to change the ownership of the encrypted private key (from your grandma's point of view, she's just paying in cash and scanning her finger, or putting a PIN number). This way, if you ever had copies of these bills, once you've spent them only the new owner of the passcode recognized by the Paper Network would be able to redeem the Bitcoin and send it to a standard wallet, or spend it again.
The Paper Network is very similar to WBTC, but I think that even though obviously I'm not an expert and I'm just one more Juan on the internet talking about something that I don't 100% understand, I think that if something like this was possible and we made it 100% trustless, it would be huge for third world countries and older individuals to reach massive BTC adoption.
How would you implement it?
Is it even possible to make it 100% trustless? How?
What implications could it have?
What other implementations can you think of?
I'd love to hear your opinions. Thank you!
submitted by OneMoreJuan to Bitcoin [link] [comments]

Analysts predict that dollar will get weaker and Peter Schiff called bitcoin a financial pyramid

Analysts predict that dollar will get weaker and Peter Schiff called bitcoin a financial pyramid

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Peter Schiff: bitcoin is a financial pyramid

Euro Pacific Capital broker company president Peter Schiff goes on with his criticism against bitcoin.
This time the businessman called BTC a financial pyramid whose participants protect the idea of bitcoin because they are personally interested in its efficiency.
"The very nature of Bitcoin requires owners to encourage new buyers to enter the market. Without new buyers coming in, there is no way for existing HODLers to get out. As with any pyramid scheme, success is only possible for those who get in early if lots of others get in late", Schiff wrote in his Twitter account.
Earlier he had worded the idea that BTC price would drop down to zero.

Weak dollar will strengthen the position of bitcoin and gold

DTAP Capital investment fund co-founder Dan Tapiero thinks. The policy of the US Federal Reserve System will weaken dollar in the nearest future, which will supposedly affect bitcoin, gold and stocks.
The analyst's position is based on data from the FRS that they plan to weaken their struggle with inflation in order to support commercial activity. Tapiero points out that if the level of inflation exceeds 2%, the dominating role of dollar in the world economy will be undermined.
"Dollar consolidating for one month but now on verge of benign selloff that further supports equity, gold and Bitcoin", the analyst worded his opinion.

The Morgan Creek co-founder urged everyone to move out of dollar

Morgan Creek co-founder Anthony Pompliano thinks that currencies are prone to inflation so it is necessary to move funds to other assets.
Central banks regularly print new batches of cash, which will cause an instant spike in inflation at one moment. Pompliano notes that it is especially true for US dollar since the US Federal Reserve System has recently been issuing a large number of new banknotes.
"There is a devaluation of currency. The whole secret to building wealth is to get out of cash and get into assets that are denominated in dollars that will continue to go up in value over long periods of time — stocks, real estate, gold, Bitcoin, all this stuff", the expert advised.
submitted by bestchange_pr to bestchange [link] [comments]

TkeyNet: release date, a brief analysis of the system, future plans

TkeyNet: release date, a brief analysis of the system, future plans

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During the development of the project, we published 3 documents about the technology that we are developing and preparing for the market. Some decisions were changed, but the main idea and goal remained the same — effective financial management.
Since the ICO boom, several years have passed, blockchain and cryptocurrencies have become synonymous and are perceived only as a means of earning money and the obvious advantages of using the technology itself in combination with others are of little interest to anyone. A user, business representatives, or some government officials associate the word “blockchain” directly with cryptocurrency or Bitcoin, without thinking about using systems built on a distributed registry in the current reality.
As we mentioned above, during the development of the project, several documents were published in which we announced our technology and clearly said that we are mixing modern concepts and approaching the market from an economic and scientific point of view, borrowing the best from Bitcoin, Ethereum, DASH, and other alternative currencies.
It is important to note that the concept of Bitcoin or Monero will be different from the concept of TkeyNet. These are other areas and practical application that some market participants may perceive as similar, but this is far from the case.
“When you innovate, you must be prepared for a prolonged lack of understanding of your actions on the part of your environment. You can do something you believe in, but for a long time, people who only wish you well may criticize your endeavors. When faced with such criticism, ask yourself — Are they right? And if you answer this question positively, accept the criticism and adjust your work accordingly. If the answer is negative, if you are firmly convinced of your rightness, you should prepare for a long defense, defending your positions. This approach is a key component of innovation.” ©
The idea of Bitcoin is beautiful, even if it has not yet been accepted by society as planned, but at least the idea of using Bitcoin as a means of accumulating value and storing savings has a place to be. Bitcoin actively strives for a high price mark and dominates the market by more than 50%, and this is a great result. Bitcoin set the necessary vector for many developers around the world, people were able to review the systems used and make their own decisions based on the Bitcoin core, for example, DASH or Ethereum, and users, in turn, learned about such a phenomenon as cryptocurrency.
In General, what was this introduction for? That TKEY should be considered as a universal asset, without defining it as a cryptocurrency. The question may immediately arise, why is this so? It doesn’t have explicit currency properties? Bitcoin also does not have the properties of cash but is called a cryptocurrency, and the types of applications of the peer-to-peer payment system Bitcoin and TkeyNet can differ significantly from each other.
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The purpose of this publication is to tell you about the new features of TkeyNet, when the official transition to the new Protocol will take place, and why TKEY is a universal asset that simply needs liquidity? In General, we will talk about the clear advantages of switching to new technologies that we have been striving for so long and about your benefits of using them accordingly.

What is TkeyNet, and what are its advantages?

TkeyNet is an infrastructure that combines various solutions for users, businesses, and the public sector. Secure corporate networks, payment processors, liquidity, cross-border payments, trading tools, information security, instant exchanges, investment tools. One platform — millions of opportunities.
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When creating TkeyNet, we immediately turned to e-cash protocols, concepts of electronic currencies, considered the movements of Bank international transfers, and also drew attention to the obvious complexity of these systems. Therefore, to build a high-quality architecture of TkeyNet, the team took as a basis — blockchain technology, cryptography, payment and banking system, electronic cash protocols, exchanges, stock markets, DHT, and other p2p networks.
Now more than ever, businesses, users, and most financial market participants need reliable and modern systems that will meet the needs of the market.
For example, a user wants to quickly send funds to another user, and they do not want to think about how the blockchain works and who the “miners” are and what they do for the network. Any of us want to open the app and click a few buttons on the screen to pay for a particular service or send money to relatives abroad and the most importantly, know that the funds will reach you quickly and with a minimum Commission. Or let’s say you came to India, you have some funds in Bitcoin, but you would like to pay for your purchases in the local currency — the Indian rupee without extra conversions.
You are the owner of a payment system or Bank, and you want to receive % for conversion transactions, or banks want to create their consortium for cross-border payments. Either you are an entrepreneur and plan to open an exchange or trading platform for trading various assets, not necessarily digital, but, for example, gold and diamonds, or you are a young and purposeful startup team and want to quickly launch your Digital Bank, or you do not want to do business, and you have several million euros or dollars, you want to get % of their use.
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TkeyNet makes these features available to all participants.
As we can see with you, there are quite a lot of use cases, and it may seem that TKEY is again torn into 100500 different directions, but this is far from the case. Here, a specific and clear direction is Finance and its movement.

How TkeyNet works

Remember, we said that — “to develop the platform on a global level, it is necessary to reach a consensus between government regulation, business, and society. We understand that it is impossible to achieve 100% of this, but it is possible to create favorable conditions favorable to all parties.”
How will the system work? All participants are connected to the system using TkeyNet technology that allows the financial gateway to control their transactions with increased speed, transparency, and efficiency. Independent verification servers constantly compare their transaction records. To hack the system, you will need to get access to all the devices that are logged in.
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TkeyNet solutions offer a cryptographically secure, end-to-end payment flow with the immutability of transactions and redundancy of information contained in them. It is developed to meet each financial gateway’s risk, privacy, and compliance requirements. Since the software is developed to be easily integrated into the existing financial infrastructure, it minimizes any integration costs and failures, and also meets international standards (ISO, etc.).

TkeyNet can be a neutral utility for financial institutions and systems

A gateway is an organization that allows users to invest money and take money out of a pool of liquidity. The gateway accepts currency deposits from users and issues balances to the TkeyNet blockchain.
TkeyNet Protocol provides a single source of truth for counterparties while maintaining the confidentiality of payment data of Bank clients.
TKEY is a universal bill (digital obligation) in the distributed registry TkeyNet.
Gateways install specialized software for interacting with the distributed registry and other system participants. Users, brokers, and other participants interact with the system via mobile or web interfaces. Gateways act as a link between the distributed registry, brokers, users, and other services that allow you to make quick transactions.
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The participants of the system make payments between themselves by using cryptographically signed transactions denominated in digital obligation. This type of transaction uses an internal registry.
In the case of working with Fiat currency and other assets, such as securities and precious metals, the registry records the amounts owed with assets presented as debt obligations. All accounts and transactions are cryptographically secure and verified algorithmically. Payments can only be authorized by the account holder, and all payments are processed automatically, without any third parties or intermediaries. The TkeyNet Protocol checks balances and accounts inside the system for transferring payments and sends payment notifications with minimal delay, which ensures fast calculations in the system.
For more specialized solutions can be created by the Central gateways and the gateways just. A Central gateway is an organization that allows users to invest money and take money out of the liquidity pool. Gateway is an organization that interacts with the Central gateway. Accepts and exchanges digital liabilities for other assets, such as securities.
TkeyNet globally reduces the number of different expenses and automates operational tasks, simplifies and reduces the cost of conducting monetary transactions, and improves traditional financial services.
We understand that it is not easy to tell all the principles of the TkeyNet system in a single publication, especially one that deals with neither one nor two issues. Therefore, you should consider this material as a basis, a base that will help you learn the information that is related to the TkeyNet Protocol most easily after the release of TkeyNet.
Moving a little away from corporate solutions, we suggest you recall some theses from our roadmap, which was published on the official website in the period from September 2018 to November 2019:
“The introduction of the exchanger in web wallets and the app will allow users to send money in one currency, and the recipient will receive it in another currency. For example, a user can buy Tkeycoin for dollars and exchange it for euros or Bitcoin or Ethereum at the current exchange rate.This functionality provides full control of funds through a single trusted and most secure source. Users no longer need to create multiple accounts on third-party resources to make an exchange into a particular currency.With the development of the network, it is possible to implement a multi-exchange that works on the principle of a payment bridge, when the user sends funds to Tkeycoin, and the recipient chooses the receiving currency, let’s say Litecoin, the funds are automatically converted” ©
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We wrote above that TKEY can in principle be used as a universal asset, acting as a digital obligation or an asset as an exchange. By the way, references to this were also published on the official website — tkeycoin.com. In simple words, using one of our web interfaces, you can access TKEYRUB or TKEYUSD or any other asset, such as TKEYGOLD.
TKEYUSD, TKEYRUB, and TKEYGOLD are symbols and can be called differently in the system, for example, TKUSD or GOLDTKEY, so now they should be considered as an example.

Why is TKEY a universal asset?

As before, you can easily and quickly send TKEY to any member of the network and TKEY will have liquidity on the exchange also, TKEY allows you to fast exchange for euros, dollars, or other currencies.
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For the interface, the applications will display functions of digital assets 1:1 to a particular currency, for example, TKEY to RUB, TKey to EUR, or TKEY to Dirhams or TKEY to the pound and vice versa, respectively.
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Therefore, as we said above, TKEY should not be regarded as a cryptocurrency, it is a universal unit inside the system TkeyNet, which may refer to transaction information as exchanges of obligations between banks and transaction TKEY -> TKEY between users, or to carry information about the exchange on the exchange or the exchange of digital assets or gold variations quite a lot, for most of the functions we describe in the release day TkeyNet.

What are the advantages for companies and developers?

First of all, we strive to open the doors for all platform participants. Only through synergy and cooperation can we accelerate the pace of development of the entire system and the introduction of new technologies in the market.
The platform will open doors for developers, who in turn can create technological solutions based on TkeyNet. A working environment will be created, and integration with the TkeyNet platform will be as easy as with the documented SDK or plug-ins. In the course of development, API documentation and ready-made SDKs for developers will be published.
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This will make it easy to use and implement TkeyNet technology in various types of applications, for example, you want to create fast exchanges, we provide you with a framework, back-end, and API, and you create a front-end and launch your service, get your Commission, and are an independent project in the market. An important point is that integration into the existing infrastructure takes place while maintaining the decentralization of the TkeyNet system so that all its internal and external operations remain confidential and verified at the same time.

What are the advantages for users?

This means getting a universal tool for working with financial markets and easily converting an asset into any other asset: euro, dollars, or gold.

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Also, TKEY owners should clearly understand that the more the system develops and there are more participants, namely the corporate segment, projects, and partners, the company will be more stable and thus the project assets will grow stronger.
The popularity of the platform and trust in it directly affects the price of assets, these are the key points of growth signs, the wider and more influential the spread of the company in various areas, the higher its performance in the market.

When will the long-awaited transition to TkeyNet take place?

What changes will be made to the products?

As you understand, everything will change, and this is for the better. At a minimum, products will become faster, lighter, safer, and more versatile.
Changes and new releases will be released as soon as they are ready. In TkeySpace, the TKEY libraries will be rewritten under TkeyNet. A web version of the wallet will appear, and eventually, an application with an exchange interface will be released for quick trading and exchange of various assets, not limited to digital ones. The Tkey Messenger will be adapted for TkeyNet and will be released for previously announced platforms: iOS, Android, Linux, macOS, Windows immediately with the ability to translate directly in the messenger. We will tell you about the messenger architecture on the release day.
All changes and releases will be published and announced after the release of TkeyNet.

What is radically new in TkeyNet?

There will be funds, the Protocol will become much more universal, as well as the TKEY itself. The Protocol will also exclude the possibility of attacks that could have been in Core 1.0, also, the principles of the platform will change. We will publish all technical specifications on the day of release.

Timeline for switching to TkeyNet

The transition to TkeyNet will not take place until August 2020. We will release news and instructions for switching to TkeyNet, so we recommend that you subscribe to the newsletter immediately: https://tkeycoin.com/en/newslette.

Listing on crypto exchanges

The liquidity of the TKEY asset is urgently needed for the development of the entire TkeyNet system, so the company will provide trading platforms for TKey trading and exchange.

Conclusion

The introduction of technologies using digital currencies will create the fastest transition of users and the corporate market to a new level.
FinTech direction makes it possible to manage finances in the most efficient and secure way, without violating the law. This system simplifies, reduces the cost of conducting monetary transactions, and actually improves traditional financial services.
The solution is interesting to everyone who works with money and is used to getting maximum efficiency from it: business, investors, traders, users of banking solutions, the corporate segment, etc. When using the system, large businesses get solutions for interacting with customers online, without using specialized points.
We, in turn, are open to various offers and cooperation on flexible terms. If you have any suggestions or interesting concepts, please contact us at [[email protected]](mailto:[email protected]).
submitted by tkeycoin to Tkeycoin_Official [link] [comments]

Digital Gold Token; A stable coin that helps you save for the dry season

Digital Gold Token; A stable coin that helps you save for the dry season
In 2019 Bitcoin continues to grow. This has led to many early adopters of innovation. The starting of the cryptocurrency finance enterprise may be tough to characterize over the years. A few human beings don't forget bitcoin to be worldwide cash, but others see it as a store of wealth like gold. I believe that digital cash revolutionized each project organizations and the finances tool.
Therefore these superior resources can connect to actual sources like "Gold" and rather than replacing them. In different words, many ahead and reverse desk and agent jobs can be bought in lieu of Gold held in digital wallets.

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Gold has been used to keep the rich solid via financial instances. Many cryptocurrency watchers be given that cryptocurrencies will in truth update gold as a store of treasured cost that is vital in the international financial stage.
Updated block chain can record random exchanges, song products and minimize looting, making it appear appropriate for a warehouse commercial enterprise. Innovation isn't always restrained to a fixed of clues, it's miles full of an encrypted and everlasting database and may be made to be had to all contributors.
Cryptocurrency speculators lose loads of wealth in weeks after becoming a chaebol within the medium term and just want to discover the fact. While this could take a look at power, it shows the very suspicious nature of digital cash, specifically cash for products and joint ventures.

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INTRODUCTION OF GOLD STABLECOIN.
GOLD Stablecoins are a complicated asset of some other era deliberately entrusted or dependent on real gold deposited in a blanketed save. Stablecoin Gold is primarily based at the Ethereum Block Chain `` ERC 2.0 ''.
Many strong currencies are traded at a 1: 1 ratio with sure denomination standards inclusive of US greenbacks or Euros, however Gold Stable coins are fixed as Gold assets.
Gold Stable coin is a automated cryptocurrency subsidized by way of actual gold, bought on every occasion the token is issued and enlisted in a danger-free safe in Singapore.

IMPORTANCE OF STABLECOIN.
The an increasing number of appealing stable coin is largely more fixed than the conventional shape of cryptocurrency. This is based totally on evidence that nice is tied to other sources (like US greenbacks or gold).
Therefore, stable coins appreciate the many advantages of getting no passwords (easy, comfy, secure, no unique measurement related to most cryptocurrencies).
Stable coins are a easy, balanced, flexible and at ease exchange approach for using digital shape planning methods.
As a simplified, balanced, flexible and comfortable method of alternate. All matters taken into consideration, maximum companies, evidently, are not interested by accepting a coins like bitcoin that might be valuable the following day.

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THE STABLECOIN GOLD FOUNDATION.
Stable coins represent all factors of real interest in the money-associated administrative surroundings.
By empowering a secure and strong decentralized framework, the whole lot from cross-lending to monetary preparations may be moneymaking. For instance, with decentralized lending, stable coins can assist make sure a strong domain for P2P exchanges that occur with out the desire of the use of an unstable virtual foreign money like Bitcoin to achieve this.
Broadly, this can exchange the programs which might be related to applications on the cryptocurrency area, speculators and blockchain-based totally agencies.
They can provide cryptocurrency holders with, for example, hiding locations within the occasion of a market crash, as they could convert their belongings from mainly unpredictable kinds of virtual cash into stable coins. .
Gold-backed Stable coin holders essentially preserve an unmistakable useful resource of proper price - some thing that most cryptocurrencies do not have. These wars can also even be admitted in an incentive after a time frame, which offers an expanded impetus for individuals to preserve and use those currencies.
On the account of pledged stable coins, anyone in the world can positioned assets into precious metals like gold, or maybe land in Switzerland. These styles of benefits are frequently saved for prosperity, however stable coins open up new comprehensible results of task projects for ordinary human beings around them.

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The basics of losing tokens in evaluation to the one of a kind types of cryptocurrencies, reduce the ability of economic professionals to surrender possibilities for monetary buyers. You can change this token for Gold. After that, speculators have to not lose all cash because of marketplace events.
To get further information, news updates and developments regarding new listing on exchange or perhaps increased total supply in tokens and vault, use the links below:
Official Website: https://gold.Storage/ White paper: https://gold.Storage/wp.Pdf Telegram: https://t.Me/digitalgoldcoin Twitter: https://twitter.Com/gold_erc20

Author: cytpoway121 https://bitcointalk.org/index.php?action=profile;u=2202709
submitted by cytpoway to ICOAnalysis [link] [comments]

buying crypto currency at Degiro

Hello ,
In the last couple of days I have been considering to buy cryptocurrency. The plan is to invest a small amount around 50 to 75 euro into the cryptocurrency. I chose to invest a small amount because of the high volatility and the positive asymmetric risk involved. I also want to invest in it because I believe that it is a good hedge against the institutionalized system. With institutionalized system I mean the financial system and all the institutions that are connected with it. Why hedge against the financial system? Because given the current macro-economic trajectories and the possible action of central bank (CB) There is a possibility that the world of tomorrow might be looking a lot different then the world of today including the financial system => revaluation???:
https://moderntimesinvestors.com/economics/debt-cycle-financial-crisis/
https://www.piie.com/sites/default/files/documents/pb19-18.pdf
interesting invest talk: https://www.youtube.com/watch?v=WA1Ji-Hj1qo&feature=emb_rel_end
Now that I have some grounds to base my decision on and have decided what to do , I need to invest in cryptocurrency. There are of course multiple ways to invest in cryptocurrency, but given the fact that I use Degiro , my options will be limited.
What I found on investing in cryptocurrency using Degiro :
shares:
price : 29,80 euro
currently not able to buy
price : 0,182 euro
ETF - ETP:
price: 422,73 euro (fund is denominated in Swedisch Croner)
AMUN BITCOIN CRYPTO SINGLE : https://21shares.com/product/abtc
price: 48,02 dollar
Warrants:
OE Part.Z17(18/unl.) Bitcoin
MiniL O.End Bitcoin 6390 , 10600, 6190,2835, 3374 ,
When I look at the options, I already want to leave out the warrants because they are expensive due to the high volatility. So no Warrants, the only two that remain are ETF's and shares. If we look at shares Bitcoin group SE is the better one of the two in my opinion given the fact that it is more vertically integrated into the bitcoin economy while cryptologic only does mining and is a penny stock which has had his high days I presume. Now I am less inclined to invest into a business than Bitcoin itself, because of the idiosyncratic risk that a company faces., but I must commit that Bitcoin group SE is a promising company : https://www.bitcoingroup.com/userfiles/downloads/HB2019/BitcoinGroup_HJB2019_EN.pdf
This only leaves us to the ETF's or rather the ETP's . I cannot buy the Bitcoin tracker one because of the price thus this leaves only AMUN Bitcoin Crypto single in my options.
Now I have only one options left which is not really a choice in my opinion: I cannot compare different ETF or Stocks with each other and cannot really decide if this is a good ETF or Stock compared to the rest of the market. So I was hoping if some of you guys can help me in:
Already a big thanks in advance,
OKONOX
submitted by okonox to eupersonalfinance [link] [comments]

Bitcoin and virus-fueled money printing

This is a topic that I've been thinking a lot about and guess that others have, as well.
Central banks have responded to the economic interruptions caused by the Coronavirus by trying to money-print the virus to death.
US Measures:
I don't even claim to fully understand the implications of all of these policy changes.
What I do understand is that Fiat money is now totally free-- if you're the right person or the right company.
To me, this is the most bullish possible thing for Bitcoin, even though we're likely to suffer various interim price disruptions like the recent drop to $3.8k. It's not just the US taking these moves. Berkshire Hathaway just issued a billion dollars in Euro-denominated debt at 0% interest.
Will Bitcoin end up as the only money which retains its time-value?
What is your personal opinion about interim (during the corona chaos) price moves for Bitcoin?
submitted by loverofcoins to Bitcoin [link] [comments]

Crypto as a Global Reserve Currency

This is all ridiculously hypothetical; and is probably best ignored. Bust, having had the thought, I can’t stop thinking about it. So if you are in to detailed descriptions of low probability events, please enjoy the rabbit hole.
I know people like the idea of a gold standard, but it is unpalatable. Having worked in mining, there is a tail risk a deposit can be found which devalues existing assets. It is pegging your finances to the unknown, and it was abandoned for a reason.
This is why, since World War II, the USD has been a global reserve currency. And it kept this role after it abandoned the gold standard in the 1970’s. This has remained the case for a number of reasons:
1) The US has been a surprisingly large chunk of global GDP: in the post WWI world under the Bretton Woods system, the US at one point represented 50% of GDP, crucially at a time when other countries were getting their financial house in order. US treasuries, particularly when the dollar was still backed by gold, were one of the safest investments. A reminder that US debt isn’t just about profligacy, but also about long-term yields.
2) This created a built-in house wins effect - when the US removed the gold standard, countries stayed with the USD because it was still so stable compared to other options - and they were already heavily invested. As a fiat, the US can run higher deficits because other counties hand it cash for their own stability stability (you can almost think of US debt like tribute to a dominant political power, or protection money to the mafia).
3) No competitors. I understand the skepticism about fiat in this community - but if you had to choose a fiat, what would be the alternative to the USD? The Renminbi’s value is manipulated by Chine. The Euro lacks a body like the US federal reserve to intervene in the event of inflation, and the block is increasingly unstable.
The US government has supported its currency as the global reserve currency because it vastly strengthens its hand in international diplomacy. US sanctions against countries like Iran are effective because the US can enforce financial penalties via soft power through other countries banking systems. This is why there is increasing pressure from countries like Russia and China to find another reserve currency.
But it is bad for the US economy to be the reserve currency. Think about manufacturing. If your currency goes through inflation, then your exports cheapen relative to other markets. This is why the Chinese government tries to peg the Renminbi at a little over 8 yuan to the USD. Thus they can Incentivize manufacturing to move to their county. The US cannot play the same game - because it is the denominator for other countries financial systems, it is guaranteed to be on the losing side of the equation every time. Thus despite its strong post-war economy, manufacturing was always doomed to leave, which has introduced instability in the US political system. Allowing the USD to inflate (as all fiats want to do) relative to a global currency would incentivize manufacturing to return. Or, at minimum, stem the bleeding. That said, there would be significant disruption from the higher deficits the US has run for decades.
Crypto As The Global Reserve
For a global reserve currency, the following conditions must be met (there are others, but this is the minimum):
Crypto, despite its short life, is capable of achieving these. The system designed by Satoshi and adopted by others is as strongly counter-inflationary as possible. From the viewpoint of a global reserve currency, this structurally removes the need for a body like the US federal reserve. The deflation side of the coin would potentially convince the US government to let go of its global financial role for the sake of economic growth.
The big negatives of using crypto as a global reserve are its current volatility and its slow transaction times. The latter is a technological problem that can be solved either by speeding up times or guaranteeing value at time of transaction. The first I suspect may be a self-fulfilling prophecy. Once a currency is the global reserve denominating debts, confidence would follow out of political and financial necessity. Power resides where people think power resides. This would be a long term road for Crypto if it continues for the next two decades.
Ideally; a slowly deflating world reserve would provide inflationary benefits to all counties. It would also potentially stabilize fiat currencies barring government manipulation. But in that case, government manipulation would be more obvious and less an us-vs-them scenario given the current financial system.
Any such transition, should it happen, would taken one of two form. Either a) a significant economic crisis forces the US to accept a shock on its high deficits or b) the transition to crypto occurs slowly enough over decades to allow a battleship-style course realignment.
The biggest obstacle I see to crypto is climate change. Most countries take it very seriously (imho, as they should), and crypto has a high energy cost, thus a high carbon cost. Most countries are bound by diplomatic and treaty agreements to hit certain targets. A crypto system would need to resolve this to have a chance at being the global reserve. Or, renewable energy infrastructure would be built fast enough so that a given crypto is at least carbon neutral.
Lastly, it is possible that this transition could happen after mining is no longer profitable. If Bitcoin, for example, exists in 2050 and is still undergoing slow deflation while block rewards are infinitesimally small, it may behave in ways that satisfy concerns about stability.
tl;dr: Structural deflation in crypto could satisfy political and economic needs for a global reserve currency in a multi-polar world.
submitted by Thalesian to CryptoCurrency [link] [comments]

At what price will 1000 Satoshi = 1 USD?

1 BTC = $10,000 USD 10,000 Satoshis = $1.00 USD
1 BTC = $100,000 USD 1000 Satoshis = $1.00 USD
1 BTC = $1,000,000 USD 100 Satoshis = $1.00 USD
So this summefall 2019 we were bouncing around a value of about $10,000 USD. This put us at the 10,000 satoshi per USD point.
In order to be able to speak about things in satoshis, (or really any unit of currency) people need to have an idea of what the value of that unit is. A satoshi will never be equivalent to 1 USD, and for a satoshi to be referred to like USD cents would require a BTC value of $1,000,000 USD... which is possible but very far off if it ever did happen. I think that in order to use the subdivided values of BTC it would be helpful to have a better way of talking about satoshis.
So let's say I want to sell a book online for $20 USD. Currently if I wanted to sell that book for the equivalent value of satoshis... (lets say for ease of illustration that we use the recent value floor of 10,000 USD) then the listed price is going to look something like:
"Bitcoin Book - 20,000 SATS"
Just in terms of initial point of perception, 20,000 seems like a high number. If we could standardize using a unit of 100 SATS with a catchy denominator, this could make prices look more like this:
"Bitcoin Book = 200 cSATS"
To me 200 of something is a manageable value. But this is largely because I am used to USD or Euro standards. One would ideally like to match up to standard denominations used by people day to day, so there might be an instinct to use some unit which creates the most analogous crossover to say, dealing in 10s and 100s like USD/Euro. But many other countries deal in denominations of the 100s and 1000s... so setting the cutoff at 100 satoshis might make the system recognizable in both types of native economies.
Also...using the 100 sats denomination as a base unit of value also means that bitcoin can be explained to the uninitiated as "Every bitcoin is a token for 1 MILLION cSATS." One million is a simple, easy to remember, and easy to conceptualize number for most people. This means it can transmit faster as a meme.
Edit: Apparently there is already a name for this (100 satoshis), but I dont think "BITS" is great. Its too easily confused with such a common computer term.
Edit2: Let's call it a centi-satoshi, then we can use "cSAT" which is normal enough, but then soon people will start to call it a "cat" for short because internet people love cats.
Edit3: Maybe kilo-sats... kSATs?)
Tl;dr: Let's normalize talking about 100 satoshi units of value, and find a catchy/memeable name for it.
submitted by WillMattWood to Bitcoin [link] [comments]

Seed CX Expands European Presence With Euro-Crypto Order Books

Seed CX Expands European Presence With Euro-Crypto Order Books


Seed CX is expanding its European services with the addition of eight order books for its spot-trading market.
Seed Commodities Market, the Chicago-based firm’s spot market, announced Monday it has created euro trading pairs against bitcoin, ether, litecoin, bitcoin cash, Paxos dollar, TrueUSD, USDC and the U.S. dollar. It's also expanding trading hours to 24/7.
The new order books were launched in response to demand from Seed’s European traders, said Brian Liston, president of the spot market division.
“We have a lot of traders who are in Europe and Asia and we wanted to cater to those clients and make it extremely relevant,” he told CoinDesk. “People who are predominantly focused on euro books like our liquidity, our prices, our infrastructure but they just want to trade these order books.”
The company will now focus on building volume for the new books, which have already been live for a week. Further down the line, Liston envisions adding yen-denominated pairs – including an order book for YEN/USD.
“That creates an interesting strategy because not many places offer FX [foreign exchange] in more than one denominated book,” he said.
submitted by Log1515 to u/Log1515 [link] [comments]

Which are your Top 5 favourite coins out of the Top 100? An analysis.

I am putting together my investment portfolio for 2018 and made a complete summary of the current Top 100. Interestingly, I noticed that all coins can be categorized into 12 markets. Which markets do you think will play the biggest role in the coming year?
Here is a complete overview of all coins in an excel sheet including name, market, TPS, risk profile, time since launch (negative numbers mean that they are launching that many months in the future) and market cap. You can also sort by all of these fields of course. Coins written in bold are the strongest contenders within their market either due to having the best technology or having a small market cap and still excellent technology and potential. https://docs.google.com/spreadsheets/d/1s8PHcNvvjuy848q18py_CGcu8elRGQAUIf86EYh4QZo/edit#gid=0
The 12 markets are
  1. Currency 13 coins
  2. Platform 25 coins
  3. Ecosystem 9 coins
  4. Privacy 10 coins
  5. Currency Exchange Tool 8 coins
  6. Gaming & Gambling 5 coins
  7. Misc 15 coins
  8. Social Network 4 coins
  9. Fee Token 3 coins
  10. Decentralized Data Storage 4 coins
  11. Cloud Computing 3 coins
  12. Stable Coin 2 coins
Before we look at the individual markets, we need to take a look of the overall market and its biggest issue scalability first:
Cryptocurrencies aim to be a decentralized currency that can be used worldwide. Its goal is to replace dollar, Euro, Yen, all FIAT currencies worldwide. The coin that will achieve that will be worth several trillion dollars.
Bitcoin can only process 7 transactions per second (TPS). In order to replace all FIAT, it would need to perform at at least VISA levels, which usually processes around 3,000 TPS, up to 25,000 TPS during peak times and a maximum of 64,000 TPS. That means that this cryptocurrency would need to be able to perform at least several thousand TPS. However, a ground breaking technology should not look at current technology to set a goal for its use, i.e. estimating the number of emails sent in 1990 based on the number of faxes sent wasn’t a good estimate.
For that reason, 10,000 TPS is the absolute baseline for a cryptocurrency that wants to replace FIAT. This brings me to IOTA, which wants to connect all 80 billion IoT devices that are expected to exist by 2025, which constantly communicate with each other, creating 80 billion or more transactions per second. This is the benchmark that cryptocurrencies should be aiming for. Currently, 8 billion devices are connected to the Internet.
With its Lightning network recently launched, Bitcoin is realistically looking at 50,000 possible soon. Other notable cryptocurrencies besides IOTA and Bitcoin are Nano with 7,000 TPS already tested, Dash with several billion TPS possible with Masternodes, Neo, LISK and RHOC with 100,000 TPS by 2020, Ripple with 50,000 TPS, Ethereum with 10,000 with Sharding.
However, it needs to be said that scalability usually goes at the cost of decentralization and security. So, it needs to be seen, which of these technologies can prove itself resilient and performant.
Without further ado, here are the coins of the first market

Market 1 - Currency:

  1. Bitcoin: 1st generation blockchain with currently bad scalability currently, though the implementation of the Lightning Network looks promising and could alleviate most scalability concerns, scalability and high energy use.
  2. Ripple: Centralized currency that might become very successful due to tight involvement with banks and cross-border payments for financial institutions; banks and companies like Western Union and Moneygram (who they are currently working with) as customers customers. However, it seems they are aiming for more decentralization now.https://ripple.com/dev-blog/decentralization-strategy-update/. Has high TPS due to Proof of Correctness algorithm.
  3. Bitcoin Cash: Bitcoin fork with the difference of having an 8 times bigger block size, making it 8 times more scalable than Bitcoin currently. Further block size increases are planned. Only significant difference is bigger block size while big blocks lead to further problems that don't seem to do well beyond a few thousand TPS. Opponents to a block size argue that increasing the block size limit is unimaginative, offers only temporary relief, and damages decentralization by increasing costs of participation. In order to preserve decentralization, system requirements to participate should be kept low. To understand this, consider an extreme example: very big blocks (1GB+) would require data center level resources to validate the blockchain. This would preclude all but the wealthiest individuals from participating.Community seems more open than Bitcoin's though.
  4. Litecoin : Little brother of Bitcoin. Bitcoin fork with different mining algorithm but not much else.Copies everything that Bitcoin does pretty much. Lack of real innovation.
  5. Dash: Dash (Digital Cash) is a fork of Bitcoin and focuses on user ease. It has very fast transactions within seconds, low fees and uses Proof of Service from Masternodes for consensus. They are currently building a system called Evolution which will allow users to send money using usernames and merchants will find it easy to integrate Dash using the API. You could say Dash is trying to be a PayPal of cryptocurrencies. Currently, cryptocurrencies must choose between decentralization, speed, scalability and can pick only 2. With Masternodes, Dash picked speed and scalability at some cost of decentralization, since with Masternodes the voting power is shifted towards Masternodes, which are run by Dash users who own the most Dash.
  6. IOTA: 3rd generation blockchain called Tangle, which has a high scalability, no fees and instant transactions. IOTA aims to be the connective layer between all 80 billion IOT devices that are expected to be connected to the Internet in 2025, possibly creating 80 billion transactions per second or 800 billion TPS, who knows. However, it needs to be seen if the Tangle can keep up with this scalability and iron out its security issues that have not yet been completely resolved.
  7. Nano: 3rd generation blockchain called Block Lattice with high scalability, no fees and instant transactions. Unlike IOTA, Nano only wants to be a payment processor and nothing else, for now at least. With Nano, every user has their own blockchain and has to perform a small amount of computing for each transaction, which makes Nano perform at 300 TPS with no problems and 7,000 TPS have also been tested successfully. Very promising 3rd gen technology and strong focus on only being the fastest currency without trying to be everything.
  8. Decred: As mining operations have grown, Bitcoin’s decision-making process has become more centralized, with the largest mining companies holding large amounts of power over the Bitcoin improvement process. Decred focuses heavily on decentralization with their PoW Pos hybrid governance system to become what Bitcoin was set out to be. They will soon implement the Lightning Network to scale up. While there do not seem to be more differences to Bitcoin besides the novel hybrid consensus algorithm, which Ethereum, Aeternity and Bitcoin Atom are also implementing, the welcoming and positive Decred community and professoinal team add another level of potential to the coin.
  9. Aeternity: We’ve seen recently, that it’s difficult to scale the execution of smart contracts on the blockchain. Crypto Kitties is a great example. Something as simple as creating and trading unique assets on Ethereum bogged the network down when transaction volume soared. Ethereum and Zilliqa address this problem with Sharding. Aeternity focuses on increasing the scalability of smart contracts and dapps by moving smart contracts off-chain. Instead of running on the blockchain, smart contracts on Aeternity run in private state channels between the parties involved in the contracts. State channels are lines of communication between parties in a smart contract. They don’t touch the blockchain unless they need to for adjudication or transfer of value. Because they’re off-chain, state channel contracts can operate much more efficiently. They don’t need to pay the network for every time they compute and can also operate with greater privacy. An important aspect of smart contract and dapp development is access to outside data sources. This could mean checking the weather in London, score of a football game, or price of gold. Oracles provide access to data hosted outside the blockchain. In many blockchain projects, oracles represent a security risk and potential point of failure, since they tend to be singular, centralized data streams. Aeternity proposes decentralizing oracles with their oracle machine. Doing so would make outside data immutable and unchangeable once it reaches Aeternity’s blockchain. Of course, the data source could still be hacked, so Aeternity implements a prediction market where users can bet on the accuracy and honesty of incoming data from various oracles.It also uses prediction markets for various voting and verification purposes within the platform. Aeternity’s network runs on on a hybrid of proof of work and proof of stake. Founded by a long-time crypto-enthusiast and early colleague of Vitalik Buterin, Yanislav Malahov. Promising concept though not product yet
  10. Bitcoin Atom: Atomic Swaps and hybrid consenus. This looks like the only Bitcoin clone that actually is looking to innovate next to Bitcoin Cash.
  11. Dogecoin: Litecoin fork, fantastic community, though lagging behind a bit in technology.
  12. Bitcoin Gold: A bit better security than bitcoin through ASIC resistant algorithm, but that's it. Not that interesting.
  13. Digibyte: Digibyte's PoS blockchain is spread over a 100,000+ servers, phones, computers, and nodes across the globe, aiming for the ultimate level of decentralization. DigiByte rebalances the load between the five mining algorithms by adjusting the difficulty of each so one algorithm doesn’t become dominant. The algorithm's asymmetric difficulty has gained notoriety and been deployed in many other blockchains.DigiByte’s adoption over the past four years has been slow. It’s still a relatively obscure currency compared its competitors. The DigiByte website offers a lot of great marketing copy and buzzwords. However, there’s not much technical information about what they have planned for the future. You could say Digibyte is like Bitcoin, but with shorter blocktimes and a multi-algorithm. However, that's not really a difference big enough to truly set themselves apart from Bitcoin, since these technologies could be implemented by any blockchain without much difficulty. Their decentralization is probably their strongest asset, however, this also change quickly if the currency takes off and big miners decide to go into Digibyte.
  14. Bitcoin Diamond Asic resistant Bitcoin and Copycat

Market 2 - Platform

Most of the cryptos here have smart contracts and allow dapps (Decentralized apps) to be build on their platform and to use their token as an exchange of value between dapp services.
  1. Ethereum: 2nd generation blockchain that allows the use of smart contracts. Bad scalability currently, though this concern could be alleviated by the soon to be implemented Lightning Network aka Plasma and its Sharding concept.
  2. EOS: Promising technology that wants to be able do everything, from smart contracts like Ethereum, scalability similar to Nano with 1000 tx/second + near instant transactions and zero fees, to also wanting to be a platform for dapps. However, EOS doesn't have a product yet and everything is just promises still. Highly overvalued right now. However, there are lots of red flags, have dumped $500 million Ether over the last 2 months and possibly bought back EOS to increase the size of their ICO, which has been going on for over a year and has raised several billion dollars. All in all, their market cap is way too high for that and not even having a product.
  3. Cardano: Similar to Ethereum/EOS, however, only promises made with no delivery yet, highly overrated right now. Interesting concept though. Market cap way too high for not even having a product. Somewhat promising technology.
  4. VeChain: Singapore-based project that’s building a business enterprise platform and inventory tracking system. Examples are verifying genuine luxury goods and food supply chains. Has one of the strongest communities in the crypto world. Most hyped token of all, with merit though.
  5. Neo: Neo is a platform, similar to Eth, but more extensive, allowing dapps and smart contracts, but with a different smart contract gas system, consensus mechanism (PoS vs. dBfT), governance model, fixed vs unfixed supply, expensive contracts vs nearly free contracts, different ideologies for real world adoption. There are currently only 9 nodes, each of which are being run by a company/entity hand selected by the NEO council (most of which are located in china) and are under contract. This means that although the locations of the nodes may differ, ultimately the neo council can bring them down due to their legal contracts. In fact this has been done in the past when the neo council was moving 50 million neo that had been locked up. Also dbft (or neo's implmentation of it) has failed underload causing network outages during major icos. The first step in decentralization is that the NEO Counsel will select trusted nodes (Universities, business partners, etc.) and slowly become less centralized that way. The final step in decentralization will be allowing NEO holders to vote for new nodes, similar to a DPoS system (ARK/EOS/LISK). NEO has a regulation/government friendly ideology. Finally they are trying to work undewith the Chinese government in regards to regulations. If for some reason they wanted it shut down, they could just shut it down.
  6. Stellar: PoS system, similar goals as Ripple, but more of a platform than only a currency. 80% of Stellar are owned by Stellar.org still, making the currency centralized.
  7. Ethereum classic: Original Ethereum that decided not to fork after a hack. The Ethereum that we know is its fork. Uninteresing, because it has a lot of less resources than Ethereum now and a lot less community support.
  8. Ziliqa: Zilliqa is building a new way of sharding. 2400 tpx already tested, 10,000 tps soon possible by being linearly scalable with the number of nodes. That means, the more nodes, the faster the network gets. They are looking at implementing privacy as well.
  9. QTUM: Enables Smart contracts on the Bitcoin blockchain. Useful.
  10. Icon: Korean ethereum. Decentralized application platform that's building communities in partnership with banks, insurance providers, hospitals, and universities. Focused on ID verification and payments. No big differentiators to the other 20 Ethereums, except that is has a product. That is a plus. Maybe cheap alternative to Ethereum.
  11. LISK: Lisk's difference to other BaaS is that side chains are independent to the main chain and have to have their own nodes. Similar to neo whole allows dapps to deploy their blockchain to. However, Lisk is currently somewhat centralized with a small group of members owning more than 50% of the delegated positions. Lisk plans to change the consensus algorithm for that reason in the near future.
  12. Rchain: Similar to Ethereum with smart contract, though much more scalable at an expected 40,000 TPS and possible 100,000 TPS. Not launched yet. No product launched yet, though promising technology. Not overvalued, probably at the right price right now.
  13. ARDR: Similar to Lisk. Ardor is a public blockchain platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. A child chain, which is a ‘light’ blockchain that can be customized to a certain extent, is designed to allow easy self-deploy for your own blockchain. Nxt claims that users will "not need to worry" about security, as that part is now handled by the main chain (Ardor). This is the chief innovation of Ardor. Ardor was evolved from NXT by the same company. NEM started as a NXT clone.
  14. Ontology: Similar to Neo. Interesting coin
  15. Bytom: Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.
  16. Nxt: Similar to Lisk
  17. Stratis: Different to LISK, Stratis will allow businesses and organizations to create their own blockchain according to their own needs, but secured on the parent Stratis chain. Stratis’s simple interface will allow organizations to quickly and easily deploy and/or test blockchain functionality of the Ethereum, BitShares, BitCoin, Lisk and Stratis environements.
  18. Status: Status provides access to all of Ethereum’s decentralized applications (dapps) through an app on your smartphone. It opens the door to mass adoption of Ethereum dapps by targeting the fastest growing computer segment in the world – smartphone users.16. Ark: Fork of Lisk that focuses on a smaller feature set. Ark wallets can only vote for one delegate at a time which forces delegates to compete against each other and makes cartel formations incredibly hard, if not impossible.
  19. Neblio: Similar to Neo, but 30x smaller market cap.
  20. NEM: Is similar to Neo No marketing team, very high market cap for little clarilty what they do.
  21. Bancor: Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.
  22. Dragonchain: The Purpose of DragonChain is to help companies quickly and easily incorporate blockchain into their business applications. Many companies might be interested in making this transition because of the benefits associated with serving clients over a blockchain – increased efficiency and security for transactions, a reduction of costs from eliminating potential fraud and scams, etc.
  23. Skycoin: Transactions with zero fees that take apparently two seconds, unlimited transaction rate, no need for miners and block rewards, low power usage, all of the usual cryptocurrency technical vulnerabilities fixed, a consensus mechanism superior to anything that exists, resistant to all conceivable threats (government censorship, community infighting, cybenucleaconventional warfare, etc). Skycoin has their own consensus algorithm known as Obelisk written and published academically by an early developer of Ethereum. Obelisk is a non-energy intensive consensus algorithm based on a concept called ‘web of trust dynamics’ which is completely different to PoW, PoS, and their derivatives. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycion a smear campaign launched against it, though they seem legit and reliable. Thus, they are probably undervalued.

Market 3 - Ecosystem

The 3rd market with 11 coins is comprised of ecosystem coins, which aim to strengthen the ease of use within the crypto space through decentralized exchanges, open standards for apps and more
  1. Nebulas: Similar to how Google indexes webpages Nebulas will index blockchain projects, smart contracts & data using the Nebulas rank algorithm that sifts & sorts the data. Developers rewarded NAS to develop & deploy on NAS chain. Nebulas calls this developer incentive protocol – basically rewards are issued based on how often dapp/contract etc. is used, the more the better the rewards and Proof of devotion. Works like DPoS except the best, most economically incentivised developers (Bookkeeppers) get the forging spots. Ensuring brains stay with the project (Cross between PoI & PoS). 2,400 TPS+, DAG used to solve the inter-transaction dependencies in the PEE (Parallel Execution Environment) feature, first crypto Wallet that supports the Lightening Network.
  2. Waves: Decentralized exchange and crowdfunding platform. Let’s companies and projects to issue and manage their own digital coin tokens to raise money.
  3. Salt: Leveraging blockchain assets to secure cash loands. Plans to offer cash loans in traditional currencies, backed by your cryptocurrency assets. Allows lenders worldwide to skip credit checks for easier access to affordable loans.
  4. CHAINLINK: ChainLink is a decentralized oracle service, the first of its kind. Oracles are defined as an ‘agent’ that finds and verifies real-world occurrences and submits this information to a blockchain to be used in smart contracts.With ChainLink, smart contract users can use the network’s oracles to retrieve data from off-chain application program interfaces (APIs), data pools, and other resources and integrate them into the blockchain and smart contracts. Basically, ChainLink takes information that is external to blockchain applications and puts it on-chain. The difference to Aeternity is that Chainlink deploys the smart contracts on the Ethereum blockchain while Aeternity has its own chain.
  5. WTC: Combines blockchain with IoT to create a management system for supply chains Interesting
  6. Ethos unifyies all cryptos. Ethos is building a multi-cryptocurrency phone wallet. The team is also building an investment diversification tool and a social network
  7. Aion: Aion is the token that pays for services on the Aeternity platform.
  8. USDT: is no cryptocurrency really, but a replacement for dollar for trading After months of asking for proof of dollar backing, still no response from Tether.

Market 4 - Privacy

The 4th market are privacy coins. As you might know, Bitcoin is not anonymous. If the IRS or any other party asks an exchange who is the identity behind a specific Bitcoin address, they know who you are and can track back almost all of the Bitcoin transactions you have ever made and all your account balances. Privacy coins aim to prevent exactly that through address fungability, which changes addresses constantly, IP obfuscation and more. There are 2 types of privacy coins, one with completely privacy and one with optional privacy. Optional Privacy coins like Dash and Nav have the advantage of more user friendliness over completely privacy coins such as Monero and Enigma.
  1. Monero: Currently most popular privacy coin, though with a very high market cap. Since their privacy is all on chain, all prior transactions would be deanonymized if their protocol is ever cracked. This requires a quantum computing attack though. PIVX is better in that regard.
  2. Zcash: A decentralized and open-source cryptocurrency that hide the sender, recipient, and value of transactions. Offers users the option to make transactions public later for auditing. Decent privacy coin, though no default privacy
  3. Verge: Calls itself privacy coin without providing private transactions, multiple problems over the last weeks has a toxic community, and way too much hype for what they have.
  4. Bytecoin: First privacy-focused cryptocurrency with anonymous transactions. Bytecoin’s code was later adapted to create Monero, the more well-known anonymous cryptocurrency. Has several scam accusations, 80% pre-mine, bad devs, bad tech
  5. Bitcoin Private: A merge fork of Bitcoin and Zclassic with Zclassic being a fork of Zcash with the difference of a lack of a founders fee required to mine a valid block. This promotes a fair distribution, preventing centralized coin ownership and control. Bitcoin private offers the optional ability to keep the sender, receiver, and amount private in a given transaction. However, this is already offered by several good privacy coins (Monero, PIVX) and Bitcoin private doesn't offer much more beyond this.
  6. Komodo: The Komodo blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol and decentralized crowdfunding (ICO) platform to remove middlemen from project funding. Offers services for startups to create and manage their own Blockchains.
  7. PIVX: As a fork of Dash, PIVX uses an advanced implementation of the Zerocoin protocol to provide it’s privacy. This is a form of zeroknowledge proofs, which allow users to spend ‘Zerocoins’ that have no link back to them. Unlike Zcash u have denominations in PIVX, so they can’t track users by their payment amount being equal to the amount of ‘minted’ coins, because everyone uses the same denominations. PIVX is also implementing Bulletproofs, just like Monero, and this will take care of arguably the biggest weakness of zeroknowledge protocols: the trusted setup.
  8. Zcoin: PoW cryptocurrency. Private financial transactions, enabled by the Zerocoin Protocol. Zcoin is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy via Zero-Knowledge cryptographic proofs.
  9. Enigma: Monero is to Bitcoin what enigma is to Ethereum. Enigma is for making the data used in smart contracts private. More of a platform for dapps than a currency like Monero. Very promising.
  10. Navcoin: Like bitcoin but with added privacy and pos and 1,170 tps, but only because of very short 30 second block times. Though, privacy is optional, but aims to be more user friendly than Monero. However, doesn't really decide if it wants to be a privacy coin or not. Same as Zcash.Strong technology, non-shady team.
  11. Tenx: Raised 80 million, offers cryptocurrency-linked credit cards that let you spend virtual money in real life. Developing a series of payment platforms to make spending cryptocurrency easier. However, the question is if full privacy coins will be hindered in growth through government regulations and optional privacy coins will become more successful through ease of use and no regulatory hindrance.

Market 5 - Currency Exchange Tool

Due to the sheer number of different cryptocurrencies, exchanging one currency for the other it still cumbersome. Further, merchants don’t want to deal with overcluttered options of accepting cryptocurrencies. This is where exchange tool like Req come in, which allow easy and simple exchange of currencies.
  1. Cryptonex: Fiat and currency exchange between various blockchain services, similar to REQ.
  2. QASH: Qash is used to fuel its liquid platform which will be an exchange that will distribute their liquidity pool. Its product, the Worldbook is a multi-exchange order book that matches crypto to crypto, and crypto to fiat and the reverse across all currencies. E.g., someone is selling Bitcoin is USD on exchange1 not owned by Quoine and someone is buying Bitcoin in EURO on exchange 2 not owned by Quoine. If the forex conversions and crypto conversions match then the trade will go through and the Worldbook will match it, it'll make the sale and the purchase on either exchange and each user will get what they wanted, which means exchanges with lower liquidity if they join the Worldbook will be able to fill orders and take trade fees they otherwise would miss out on.They turned it on to test it a few months ago for an hour or so and their exchange was the top exchange in the world by 4x volume for the day because all Worldbook trades ran through it. Binance wants BNB to be used on their one exchange. Qash wants their QASH token embedded in all of their partners. More info here https://www.reddit.com/CryptoCurrency/comments/8a8lnwhich_are_your_top_5_favourite_coins_out_of_the/dwyjcbb/?context=3
  3. Kyber: network Exchange between cryptocurrencies, similar to REQ. Features automatic coin conversions for payments. Also offers payment tools for developers and a cryptocurrency wallet.
  4. Achain: Building a boundless blockchain world like Req .
  5. Req: Exchange between cryptocurrencies.
  6. Bitshares: Exchange between cryptocurrencies. Noteworthy are the 1.5 second average block times and throughput potential of 100,000 transactions per second with currently 2,400 TPS having been proven. However, bitshares had several Scam accusations in the past.
  7. Loopring: A protocol that will enable higher liquidity between exchanges and personal wallets.
  8. ZRX: Open standard for dapps. Open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.

Market 6 - Gaming

With an industry size of $108B worldwide, Gaming is one of the largest markets in the world. For sure, cryptocurrencies will want to have a share of that pie.
  1. Storm: Mobile game currency on a platform with 9 million players.
  2. Fun: A platform for casino operators to host trustless, provably-fair gambling through the use of smart contracts, as well as creating their own implementation of state channels for scalability.
  3. Electroneum: Mobile game currency They have lots of technical problems, such as several 51% attacks
  4. Wax: Marketplace to trade in-game items

Market 7 - Misc

There are various markets being tapped right now. They are all summed up under misc.
  1. OMG: Omise is designed to enable financial services for people without bank accounts. It works worldwide and with both traditional money and cryptocurrencies.
  2. Power ledger: Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. Unique market and rather untapped market in the crypto space.
  3. Populous: A platform that connects business owners and invoice buyers without middlemen. Invoice sellers get cash flow to fund their business and invoice buyers earn interest. Similar to OMG, small market.
  4. Monacoin: The first Japanese cryptocurrency. Focused on micro-transactions and based on a popular internet meme of a type-written cat. This makes it similar to Dogecoin. Very niche, tiny market.
  5. Revain: Legitimizing reviews via the blockchain. Interesting concept, though market not as big.
  6. Augur: Platform to forecast and make wage