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HOW TO TRADE BINARY OPTIONS ON THISOPTION BINARY EXCHANGE
Some people say cryptocurrency trades are hard. Some others hold the view that trading cryptocurrencies can be one of the sweetest ways of making money. Whichever way you view it, the truth is that cryptocurrencies have a lot of potentials. Besides, you will soon realize that Binary trading is one of the easiest only if you understood what it takes to trade cryptocurrencies that way. ADDRESSING THE CHALLENGES Considering the challenge some cryptocurrency traders have (I guess you may be having the issues) with binary trading; I deemed it fit to seek some viable solutions. I later found a veritable platform where you can trade on binary options without having to rack your brain or take more time than required to figure out the market direction. The name of that platform is Thisoption, and in this review, I will show you how you can start trading binary options on the platform. GETTING STARTED In this section, I will show you all you need to know about trading binary options, cryptocurrencies, FOREX, and stocks on Thisoption. It all starts with creating an account and following the subsequent steps; Step 1: Create an Account As mentioned earlier, everything you need to become a professional binary options trade starts with signing up for an account on the Thisoption binary exchange. To do that, you will need to provide your accurate details, as: -Full name -Email address -Create a new password and -Confirm your email address Have in mind that the Thisoption binary exchange has many things in store for you. For example, you stand a chance to receive a gift, as well as granted access to multiple trading tools immediately you sign up for an account. Step 2: Fund Your Account Once you’ve confirmed your email address and have access to your Thisoption binary exchange account, the next step would be to fund your account. Interestingly, it wouldn’t take you more than a few minute to do that because Thisoption has many payment methods that will work for you. Step 3: Do the Work This is where the major work starts. With the trading tools you already have, you can use the same to predict the movement of the market. By predicting the market direction, you will be qualifying yourself to make some money if your prediction comes out as expected. How to Predict Markets Predicting the direction of the binary market isn’t tasking as you might have been made to believe. Instead, it is one of the easiest things you can do. For example, there are 2 major ways you can predict market directions/movements. The first method is to use your many years of experience and the trading tools. The other is to seek the help of binary trade specialists on Thisoption who will help you make an accurate prediction. The Excellent Market Prediction Guide There are no two ways of predicting the movement of a binary market. As you may have known, it is all about buying and selling. Therefore, your major task is to predict whether a particular binary market will go up to make profits or go down to cause losses. Advantages of Predicting Binary Markets on Thisoption You can now see how easy it is to predict the direction of binary markets on Thisoption. Yet, there are some other things I think you should know about the platform. The first is that you can predict on many markets because Thisoption provides you with up to 100 assets. The second is that you can be confident of not being defrauded because the Thisoption binary exchange is regulated in some places. Finally, Thisoption has one of the fastest payout systems pegged at 1 hour. Therefore, withdrawing your earnings on binary predictions will be processed at the speed of light. Wrapping Up Thisoption just made binary trading easier and simpler for everyone. If you have been looking for ways to become a binary trader without many issues, Thisoption is the platform to rely on. The YouTube video below will also give you a proper guide to the Thisoption exchange; USEFUL LINKS ▶ ️ Extons: https://www.extons.io ▶ ️ THISOPTION: https://thisoption.com ▶ ️ Whitepaper: https://www.extons.io/whitepaper ▶ ️ Telegram: https://t.me/thisoption ▶ ️ ANN : https://bitcointalk.org/index.php?topic=5263768 ▶ ️ Medium: https://email@example.com AUTHOR’S DETAILS Bitcointalk Username- Vunchan Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784;sa=summary https://preview.redd.it/f0rivf1w2ck51.jpg?width=1080&format=pjpg&auto=webp&s=14cb21972b5af5d52d51390cf5b9d02f7ca88969 https://preview.redd.it/3fokoems2ck51.jpg?width=1080&format=pjpg&auto=webp&s=e86d18f111d8d34f4c885b41d2d9480fc0482659 https://preview.redd.it/4qhua7um2ck51.jpg?width=1080&format=pjpg&auto=webp&s=079be71d4d5ec10c2c9fc6ffc394573983d6e366
Can you help me to identify a good career to support myself whilst I commit my youth to training to attempt to become a professional boxer?
I realise this is a really long post, there is a TL, DR at the bottom for those that are not interested in the details of my life.
So firstly, some context about me - if you're interested:
Disclaimer: I'm really sorry if I sound incredibly arrogant here, but the truth is I can't be as 'intelligent' as I think I am if I have made as many mistakes as I have in my past to end up where I currently am - just take it as though I’m selling myself for a job interview. I would consider myself to be the absolute definition of a neurodiverse generalist-specialist - in fact when I was 16 (I'm currently 20) my psychology teacher would always refer to me as the "master of all trades" (and despite as flattering as that was, there was obviously an element of hyperbole there). I am fairly autonomous; however, I am also a neophile (and my theory is that this element of myself is the biggest reason for why I am the way that I am). I am either incredibly hyper focused or completely distracted - however I have been working on developing an element of moderation to these two extremes of my character. Just to clarify though, I don't consider myself 'good at everything' - I'm actually usually the WORST at a lot of things when I first begin, and in all honesty the only thing a lot of people I know would say I'm genuinely naturally 'good at' is learning (which I really, really have come to appreciate over the years) - but I wouldn't say I have any 'innate talents' or any 'elite endowments'. For example: I'm not the best at Maths, I don't have a gift for music, I can't speak multiple languages, and I'm not the fastest or the strongest - BUT, despite whatever disadvantages I have, I have always had the supreme confidence that if I really try, and if I really dedicate myself I can reach the top ~5% of most things. In other words, I can at least do the things that don't require talent that will close the gap between myself and those at the most elite level of a particular discipline. I know this isn't unique to me, however it is something that I have had a good comprehension of since I was very young. However, the super-power I discovered is this: if I can reach the top ~5% of most disciplines, then I have the LARGEST advantage in the most multi-disciplinary subjects. The more versatility, variety, and integration a subject requires - the higher and higher I have noticed my potential to be within it (and I will relate this to boxing soon). To vaguely illustrate the point, I spend A LOT of time researching very high level multi-disciplinary subjects such as Bio-Chemistry and Physiology; Neuroscience and its connections to computation, reality, consciousness, and the practical applications of novel cognitive and neural strategies in sports and the acquisition of new 'abilities/skill'; Data science, artificial intelligence, human history, neurobiology, and systems engineering and how they could shape a society better fit for humans, their needs, desires, and purpose etc. etc. etc. I have been employed since the age of 13 and have grew up in a poor part of inner-city Birmingham, UK, from birth. My parents are 'un-skilled labourers' however have had to care for my disabled brother since before I was born, and their opportunities to progress their material conditions were, and still can be, incredibly limited; for these reasons my parents are unable to give me more support than they already do (I appreciate and love my parents a lot; they give me shelter rent free, and are always supportive of me and my ambitions). I've also always worked 'low-skilled', poor rate of pay jobs that require a lot of time investment in order to change my material circumstances: Hair salon cleaner, Fish and Chip shop, Go-kart track race Marshall, and currently I am an apprentice mechanic (21 months into the 36months required to fully qualify) - I also sold weed for some supplemental income when I was 17/18 but those days are behind me.
The 'problem' though, is this:
Despite my attraction to 'novelty' and my history of what appears to be 'commitment issues' - I've finally settled on a path that I am willing to commit my entire youth towards - but I am unable to support myself financially (and therefore at-all) if I am to make the sacrifices I need to make to be serious about this lifestyle. The main problem is time, and the second is money (go figure!). So essentially, where I'd like to be right now is: spending approximately up to 7 hours a day training (preferably most of that time in the mornings), AND saving enough money to where I have options 5-7 years from now if my efforts unfortunately do not pay off. At this point you can see why I'm having difficulty... I'm pretty sure that it's literally everyone's goal ever to earn enough money to depend on, in a minimal amount of time- however I don't need to earn a lot - just whatever is sustainable for the next 5-7 years... as long as I am able to pay for my abstract needs, with some disposable income I will be happy. THE ONLY OTHER CRITERIA is that it just can't be something monotonous. I'm here because I'd still like to develop a career suited for my skills alongside boxing if possible - but if the best case scenario is that I have to just work a minimum wage job for now, it has to be something that allows me to progress into more meaningful work that is more intellectually stimulating. Basically, a part-time job in a field that I’m interested in, where there is a very real possibility of me attaining more skilled and better paying roles.
What makes all of this complicated (sort of):
Due to a lack of personal responsibility, and a past struggle with depression I dropped out of my tertiary education (the step before getting a degree) before I received any qualifications. I do have a very, very exceptional set of secondary education qualifications - but those are only good for FURTHER education and aren't really beneficial when trying to gain employment - at least if I already had some tertiary education qualification(s) it would open up some doors to a set of slightly higher paying jobs that would (with an assumed degree of flexibility) at least enable me to work less hours and be closer to my ideal situation. I'm slightly adverse to going back into education for now, only because it will reduce the amount of time to generate some capital and train at the same time. I actually really would love to go to University (for something like Physiology with Neuroscience), but I don't want to slow down my current progress in Boxing - as time is of the essence and I will reach my biological prime fairly soon. I am fairly certain that whether my boxing career takes off or not, I will almost certainly end up going to university at a later point in my life, just because I genuinely have an interest in attaining a degree, however, as I already stated, I currently do not possess the qualifications to be accepted into University - and gaining those qualifications would also set me back in my boxing progression further. DESPITE THIS, I would be willing to complete a degree apprenticeship (so long as it’s in a field I'd consider a degree in), because I will be able to save money and sort out my finances from now, and only have to slow down my training for the next 3 years (and in all honesty that's at a push) until I'm able to (hopefully) establish a better work-life balance to, again, attain my ideal situation. At this point, I’m expecting to receive replies that will tell me to continue with my apprenticeship - especially because of the fact that I'm more than halfway through - however I will throw some spanners in the works (lol). I am already on a wage that would just about be in that range where I am able to pay for my abstract needs, with some disposable income (which is actually less than NMW here because it's an apprenticeship) - however I have gotten into debt because for the first year I was on an even lower rate of pay that was just not sustainable to meet my needs and therefore I made the sacrifice to accrue some debt, thinking it would be a worthwhile investment. Furthermore I must (and have been) buy(ing) an adequate collection of tools before my apprenticeship ends to retain employment - and tools are not cheap so this further reduces my take home pay (and will continue to do so for the duration of the apprenticeship). Not only that, but once I finish the apprenticeship, I would not like to continue my 40-hour work week - nor would I choose to stay on with my employer. Despite this, there is good potential to be more autonomous and flexible, and earn quite a lot of money by being a self-employed mechanic - but the amount of money I will have to spend to acquire the tools and facilities required to be a profitable mechanic will take me some time, further delaying my progress in boxing. Furthermore, it would be great if I had the knowledge and experience to be a self-employed mechanic, but attaining the qualification is the sole purpose of the apprenticeship - not becoming a good mechanic; I only work on newer models of a certain brand and therefore my exposure to different configurations of mechanisms, and diagnosis and rectification of different issues is limited also, which will make it difficult to have a large enough volume of potential customers to be worthwhile, unless I spend additional time in a 'backstreet' garage. I did have the thought of applying to a 'backstreet' garage and gaining these experiences and knowledge NOW, so that when I do finish, I could potentially have an easier start becoming self-employed - however I have sacrificed the amount of time that I spent being active before and this is what led me to my previous stage of being deeply depressed, and I do not want to make that same mistake again - athletic development really is my self-designated purpose in life. Disclaimer: Obviously I don’t NEED to train extensive hours every day for my mental health - but I DO need to make sure that I do not reach the age of 30/40 with regret wondering what could have been if I was courageous enough to risk it all- that's literally it. I just won't be able to live with myself if I don't at least do everything I can to try to succeed whilst I still have the opportunity. Once I’m beyond my prime, I can deal with spending my time differently, but I wake up with a sense of urgency towards becoming the most athletically developed as I possibly can every morning. I've thought about doing something like Forex or content creation - but I don’t think it's very smart to invest both my plan A and B in risky 'gig economy' style careers. I've also thought about having a career within boxing - however I don't know of any good opportunities other than competing and I'm scared anything else will kill my passion for my desire to compete also. A possibility that I have just recently began playing with though, is to begin creating an online boxing profile for myself on various social media websites - to share high quality videos of my training and performance in the hopes that I may gain a following that will enable me to gain sponsorship(s) of some sort. The only reason I hadn't done this sooner is because I have only just started to attain a level of skill and ability that I feel is 'rare' - I still have so much to work on, and this is my point, that I have no time to waste. A lot of guys will just throw themselves out there too early but, as some of my greatest idols, I follow the philosophy of Mike Tyson and Cus D’Amato - Amateurs should take their time before they start competing (I am only just about to start competing in amateurs, but coronavirus lol) because we want to dominate, and not compete. I know it may seem silly to be so, so, so focused on Boxing as a career - especially when I am not that 'tried and tested' but I know I can't just give up because I haven't yet proved myself to other people. If you've made it this far, I am incredibly impressed by your ability to focus your attention on someone else's self-absorbed first world problems for this long - and I am incredibly thankful that you continued despite my lack of concision and the horrible formatting of this huge boring wall of text. <3 What would your advise be for me?
I have a good history of low-skill employment; (In my opinion) I'm under-qualified for my level of 'intellectual capability' (through no faults other than my own), and I feel like I am already prepared for a higher-skill job - so long as I was given the opportunity to prove my ability - however I am a choosing beggar in the sense that I am trying to create a great work-life balance despite my large demands as to what constitutes 'life'; despite this I'm willing to live frugally for a while in order to make my dream a reality - but do need some disposable income to pay off some debts I have accrued and also to prepare myself financially just in-case I am unable to make my dream of becoming a professional boxer a reality once all is said and done. Therefore, with these circumstances what do you think is the best course of action to reach my ideal situation of: working part-time for (up to) 30 hours a week to begin building a career that will not feel like a form of mental torture due to the monotony of - and one that has good potential to increase earnings without increasing my commitments to work (mainly time) - something that pays me because of the extra value I can provide (funny how hard this seems - not sure if this says something about me hahaha). I have interests in all the sciences (mainly life science, but the STEM and Natural sciences are good too), public health, using tools (as long as they're not as expensive as a mechanic's hahaha), and anything that allows me to be more autonomous and learn about novel things - or at least contribute to the development of knowledge. The only thing I know is that I DO need to make sure that I do not reach the age of 30/40 with regret wondering what could have been if I was courageous enough to risk it all- that's literally it. I just won't be able to live with myself if I don't at least do everything I can to try to succeed whilst I still have the opportunity. Once I’m beyond my prime, I can deal with spending my time differently, but I wake up with a sense of urgency towards becoming one of the best boxers the world has ever seen. Edit: It's funny how one of the first things I mentioned is that I'm a 'generalist-specialist'... and then this whole post is about spreading myself too thin hahaha.
T3 Newsbeat Live is run by Mark Melnick, a 20-year veteran trader from New York. According to him, he made his first million at the age of 19 during the dot-com boom back in the late 90s. He claims that his trading room is the fastest growing trading room at T3 and also the Wall Street’s #1 trading room. You can see this in the description of his videos on Youtube. He is a big proponent of reaching the highest win rate possible in trading. He openly shares some of his trading strategies in free videos and claims that some of his strategies are batting over 70% or even 80 %. He also often says that some of the members enjoy a win rate over 90% using his strategies. I will let you be the judge of this. Self-Promotion He makes a lot of videos to attract new people into his trading room. His daily videos are uploaded on Facebook and Youtube almost daily even on Weekends (mostly excluding Friday evening & Saturdays). In so many videos you’d hear him talking about how his trading room has an edge over other trading rooms while bashing other trading rooms as a whole. He often talks about how his trading room bought stocks/options at the near bottom or shorted at the near top using his “algorithmic analysis” which can be applied to all markets (stocks, future, forex, crypto). Piques your curiosity, right? In fact, that’s how I got to give his trading room a try. “Who in the hell wouldn’t want to catch the top & bottom in the markets, right?” So, you would think people in his room and himself are making a killing using his algorithmic analysis? Not so fast… (in fact, his algorithmic analysis is just drawing trendlines and identifying the most probable support and resistance) When it works (of course, nothing works 100% of the time), you are able to catch just few cents off the top and bottom when it works if you follow his trade. However, you have no idea how long you’d have to hold your position. Mark doesn’t know either. So, he usually goes for nickels and dimes and rarely holds a position longer than 5 minutes. Even if he’s good at picking bottoms and tops, you’d often risk more than nickels and dimes just to make nickels and dimes. Make sense, right? ……. ……. ……. Also, because he gets out of his positions fast, he misses out on riding some potentially big trades. Oh, how I wish stay in that position a bit longer. He doesn’t say but one can surmise that he often leave too much on the table. Of course, it’s important to take your profit fast when you scalp but you consistently leave too much on the table like he does, one has to wonder if he has any system for taking profits (otherwise, it’s all discretionary guessing). This type of bottom/top picking is not his main strategy, though. The strategy that makes him the most amount of money might surprise you. I will get to this later. How Mark Trades (Mark’s Trading Setups and Strategies) Mainly, he scans the market in the morning for earnings reports, analysts’ upgrades/downgrades and other catalysts that have potential to make moves in the market. He openly shares his mockery or insult of analysts, calling certain analysts “idiots” or “imbeciles”. He puts on his first trade(s) early in the morning (from 9:30AM to 10:00AM Eastern Standard Time) when the market move is the most volatile. Some of his strategies use market order during this period of volatile time using options. You can see why this can be very risky and especially on thinly traded options with side spread. He does point out this but sometimes you hear people in the room stuck in an options position that they can’t get out. Just like his trades from calling the top/bottom of a stock, he gets in and gets out of a position within minutes if not seconds while going for nickels and dimes while staring at 1minute and 5-minutes charts. That applies to most, if not all of his strategies. (Yes, sometimes he does catch bigger moves than nickels and dimes.) When you trade during the most volatile time in the morning, you’re subjected to wild moves in both directions. If you’re overly prudent or inexperienced in trading, your stop (unless very wide), has a very high chance of hitting. A lot of times it might stop you out and go in the direction that you predicted. So, when you’ve been trading during this time, you’d probably don’t set a stoploss order or a hard stop to avoid getting fleeced. You do have to be proactive at cutting your loss as quickly as possible. Otherwise you’d find yourself scrambling to get out your position while the bid keeps dropping. I have to say that Mark is very cautious and he does get out of trades very fast if he has doubt. A lot of times he lets out exhausting, heavy sighs and even murmurs some swear words when things don’t seem to go the way he wants in a trade. Besides calling certain analysts, “imbeciles” and “idiots”, this is quite unprofessional but no one in the room has the gut to point things out like this. The irony is that he is the “head of trading psychology” at T3 and it doesn’t seem like that he doesn’t have much control over his trading psychology and let alone his emotion. People in trading chatrooms, like a herd of sheep, as a whole exhibit herd mentality. Even in an online chatroom, you don’t often see someone ruffling feathers and say what they really want to say. This is probably because of the certain amount of people believing whatever he says without questioning the validity and quality of his comments. He has several strategies and according to him all of them have win rate over %70. However, he also comes up with new strategies as often as every month. He either comes up with new strategy or tweaks his existing strategies. According to him, the reason is that the market is always evolving and you need to constantly adapt yourself to the ever-changing market environment. What do you think? Does this sound like someone with an edge? And for someone who scalps for nickels and dimes, he claims to have the highest Sharpe Ratio that he has ever seen in the industry. I’m NOT making this up. He often utters remarks like “My Sharpe Ratio is one of the highest I’ve seen in my twenty-year trading career.”, “I want to create a of traders with a very high Sharpe Ratio. How can you achieve a high Sharpe Ratio when you scalp all the time? And let’s not even talk about commissions generated from frequent scalping. Who cares about commissions when you can be a scalper with high Sharpe Ratio? Now, I want to talk about something controversial about his most profitable strategy. Chatters According to him, he makes the most amount of money using what he calls “Chatters”. He admits he bets on this kind of trades heavily. His chatter trades are based on the “newsflow” of big funds making a move in certain stocks and piggybacking on the same trade before others catch on. No one knows how he exactly gets his “newsflow” and he doesn’t give a straight answer when asked. Maybe he pays a lot for this kind of information or maybe it’s given to him for free. Who knows? But it makes sense. The name of the room is Newsbeat Live. Without this the name wouldn’t be the same. This is probably the only real edge that he has and it’s understandable that he doesn’t want to reveal how he get this kind of newsflow and from where. By joining his trading room he’ll make a callout on these trades for you to take advantage of. In order to do this kind of trade, you have to be very quick on your trigger finger. Almost always the initial move is done within a couple of minutes, if not seconds. If you get in late, you find yourself a sucker buying at or near the top. Also, because you want to get in as soon as you hear his “chatter” announcements, he advised people to get in within 5 seconds of each chatter announcement and use market order to get in. He said that if he had a small account, he’d bet 100% on this kind of “high-octane” chatter trades and get in and get out fast for “easy” money. This was how chatter trades were done …Until one they when many people got burned badly. Back in September or October of 2019, a lot of people in the room lost a lot money because they market ordered call options contracts on a chatter trade. The spread on that trade was something like BID: 0.5 ASK: 5.00 few seconds after he announced it. I didn’t take that trade. No way, I’m going to buy something that has a spread like that. If you’ve been trading options you know that this kind of spread can happen. Many people that day in the room marketed-in on the trade, taking the offer at ASK. They found themselves buying at $5.0 per contract when someone probably bought the same contract at $0.40 or $0.50 just few seconds ago. Someone walked away with decent profits on that trade. This was the biggest trading chatroom fiasco I’ve ever seen. People in the room grieving and throwing numbers of how much they had just lost. 10K, 20K, 30K and even $60K. Could it be also that someone who lost more and didn’t want to talk about it because it’d hurt too much? And how embarrassing to talk about such a loss. I give credit to people who spoke up about it. People were obviously distressed and what did Mr. Mark Melnick do at this moment? Initially, he didn’t say much. But what he said he was going to walk away from the trading desk to clear his mind. It took a while for him to come back and he mentioned that it hurt him a lot that people lost a lot of money and encouraged people not to hesitate to contact him. I don’t think he ever said anything about that he made a mistake insinuating to load up on chatter trades. No apology since everyone who took the trade did it at their own risk. He advised people to reach out to their broker and do whatever it takes to get their trades annulled because the market makers in that trades were despicable crooks and evil. But let’s get one thing clear. Perhaps the cold hard truth. Since Mark is the one who announces chatter trades. he basically frontruns everyone who gets in on these trades after him. There were times when he doesn’t take his own chatter trades and lets the room have it. But when he does, it’s a guarantee win for him. He has some sycophantic followers in his trading room and these people are always hungry for chatter plays. I can imagine drooling over the idea of next chatter trades. It’s human to naturally seek the least path of resistance and this type of trade requires no skill but having fast trigger finger and a platform that allows fast execution. By taking his chatter trades, you are most likely to make money as long as you act fast to get in and get out. The thing is, you don’t know when it’s exactly the next chatter trade is going to happen. If you take a bathroom break, you just miss it. If you take a phone call or answer a door bell, you just missed it. So, it requires you to be glued to your monitor(s) if you want to make the most of your subscription. So, we went over Mark’s most profitable strategy. But wait we haven’t yet to talk about his overnight swing trades. Mark’s Swing Trades His overnight swing trades jokes. Yes, jokes. A lot of his overnight trades are done just before earnings announcements when implied volatility is at the highest. You’ve ever bought a call option just before earnings, predicted the right direction but only to find out that you still lost money next morning? This is because of the implied volatility crush post earnings. A lot of people new to options don’t know this and get taken advantage by veterans this way. I don’t know if Mark knows or not but I witnessed him buying options this way. I think he understand the concept of implied volatility but why he gets on such trades is a mystery. I haven’t exactly checked the result of all of his swing trades but I wouldn’t be surprised if people lost more money following his swing trades than anything in the room. Final Word Mark offers “free-consultation” on the phone for people who struggle in their trading. He said that he takes a lot of phone calls but often you’d get the feeling that he is distracted, unable to give an undivided attention for his consultation. “How would you like to get on a free consultation with a millionaire scalper who can take your trading to the next level?” Appealing isn’t it? But would you want to get on the phone with someone who is going to give a consultation, even if he or she is distracted? Oh, it’s a free consultation. Ok, why not? What do I got to lose? In his videos, you’d hear him saying that he cares for everyone in his trading room and considers them as part of his family. And he runs the trading room out of his good heart and intention more than making money. Besides he says that he makes more money from his trading than running the room. My suggestion is that you have a look and you’d be the judge. He does hold “open house” for his trading room from time to time. Also, I believe that if you try his trading room for the first time, you try it for a month for about $50. As for me, he’s just another front runner using his trading room to profit with a bad sense of humor and exaggeration that make you cringe.
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
Currency 13 coins
Platform 25 coins
Ecosystem 9 coins
Privacy 10 coins
Currency Exchange Tool 8 coins
Gaming & Gambling 5 coins
Misc 15 coins
Social Network 4 coins
Fee Token 3 coins
Decentralized Data Storage 4 coins
Cloud Computing 3 coins
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:
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.
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.
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.
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.
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.
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.
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.
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.
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
Bitcoin Atom: Atomic Swaps and hybrid consenus. This looks like the only Bitcoin clone that actually is looking to innovate next to Bitcoin Cash.
Dogecoin: Litecoin fork, fantastic community, though lagging behind a bit in technology.
Bitcoin Gold: A bit better security than bitcoin through ASIC resistant algorithm, but that's it. Not that interesting.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
QTUM: Enables Smart contracts on the Bitcoin blockchain. Useful.
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.
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.
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.
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.
Ontology: Similar to Neo. Interesting coin
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.
Nxt: Similar to Lisk
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.
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.
Neblio: Similar to Neo, but 30x smaller market cap.
NEM: Is similar to Neo No marketing team, very high market cap for little clarilty what they do.
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.
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.
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
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.
Waves: Decentralized exchange and crowdfunding platform. Let’s companies and projects to issue and manage their own digital coin tokens to raise money.
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.
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.
WTC: Combines blockchain with IoT to create a management system for supply chains Interesting
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
Aion: Aion is the token that pays for services on the Aeternity platform.
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.
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.
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
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.
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
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.
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.
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.
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.
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.
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.
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.
Cryptonex: Fiat and currency exchange between various blockchain services, similar to REQ.
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
Kyber: network Exchange between cryptocurrencies, similar to REQ. Features automatic coin conversions for payments. Also offers payment tools for developers and a cryptocurrency wallet.
Achain: Building a boundless blockchain world like Req .
Req: Exchange between cryptocurrencies.
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.
Loopring: A protocol that will enable higher liquidity between exchanges and personal wallets.
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.
Storm: Mobile game currency on a platform with 9 million players.
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.
Electroneum: Mobile game currency They have lots of technical problems, such as several 51% attacks
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.
OMG: Omise is designed to enable financial services for people without bank accounts. It works worldwide and with both traditional money and cryptocurrencies.
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.
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.
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.
Revain: Legitimizing reviews via the blockchain. Interesting concept, though market not as big.
Augur: Platform to forecast and make wagers on the outcome of real-world events (AKA decentralized predictions). Uses predictions for a “wisdom of the crowd” search engine. Not launched yet.
Substratum: Revolutionzing hosting industry via per request billing as a decentralized internet hosting system. Uses a global network of private computers to create the free and open internet of the future. Participants earn cryptocurrency. Interesting concept.
Veritaseum: Is supposed to be a peer to peer gateway, though it looks like very much like a scam.
TRON: Tronix is looking to capitalize on ownership of internet data to content creators. However, they plagiarized their white paper, which is a no go. They apologized, so it needs to be seen how they will conduct themselves in the future. Extremely high market cap for not having a product, nor proof of concept.
Syscoin: A cryptocurrency with a decentralized marketplace that lets people buy and sell products directly without third parties. Trying to remove middlemen like eBay and Amazon.
Hshare: Most likely scam because of no code changes, most likely pump and dump scheme, dead community.
BAT: An Ethereum-based token that can be exchanged between content creators, users, and advertisers. Decentralized ad-network that pays based on engagement and attention.
Dent: Decentralizeed exchange of mobile data, enabling mobile data to be marketed, purchased or distributed, so that users can quickly buy or sell data from any user to another one.
Ncash: End to end encrypted Identification system for retailers to better serve their customers .
Factom Secure record-keeping system that allows companies to store their data directly on the Blockchain. The goal is to make records more transparent and trustworthy .
Market 8 - Social network
Web 2.0 is still going strong and Web 3.0 is not going to ignore it. There are several gaming tokens already out there and a few with decent traction already, such as Steem, which is Reddit with voting through money is a very interesting one.
Mithril: As users create content via social media, they will be rewarded for their contribution, the better the contribution, the more they will earn
Steem: Like Reddit, but voting with money. Already launched product and Alexa rank 1,000 Thumbs up.
Rdd: Reddcoin makes the process of sending and receiving money fun and rewarding for everyone. Reddcoin is dedicated to one thing – tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public.
Kin: Token for the platform Kik. Kik has a massive user base of 400 million people. Replacing paying with FIAT with paying with KIN might get this token to mass adoption very quickly.
Market 9 - Fee token
Popular exchanges realized that they can make a few billion dollars more by launching their own token. Owning these tokens gives you a reduction of trading fees. Very handy and BNB (Binance Coin) has been one of the most resilient tokens, which have withstood most market drops over the last weeks and was among the very few coins that could show growth.
BNB: Fee token for Binance
Gas: Not a Fee token for an exchange, but it is a dividend paid out on Neo and a currency that can be used to purchase services for dapps.
Kucoin: Fee token for Kucoin
Market 10 - Decentralized Data Storage
Currently, data storage happens with large companies or data centers that are prone to failure or losing data. Decentralized data storage makes loss of data almost impossible by distributing your files to numerous clients that hold tiny pieces of your data. Remember Torrents? Torrents use a peer-to-peer network. It is similar to that. Many users maintain copies of the same file, when someone wants a copy of that file, they send a request to the peer-to-peer network., users who have the file, known as seeds, send fragments of the file to the requester., he requester receives many fragments from many different seeds, and the torrent software recompiles these fragments to form the original file.
Gbyte: Byteball data is stored and ordered using directed acyclic graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains, such as blocksize issue.
Siacoin: Siacoin is decentralized storage platform. Distributes encrypted files to thousands of private users who get paid for renting out their disk space. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via "smart" storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid.
Maidsafecoin: MaidSafe stands for Massive Array of Internet Disks, Secure Access for Everyone.Instead of working with data centers and servers that are common today and are vulnerable to data theft and monitoring, SAFE’s network uses advanced P2P technology to bring together the spare computing capacity of all SAFE users and create a global network. You can think of SAFE as a crowd-sourced internet. All data and applications reside in this network. It’s an autonomous network that automatically sets prices and distributes data and rents out hard drive disk space with a Blockchain-based storage solutions.When you upload a file to the network, such as a photo, it will be broken into pieces, hashed, and encrypted. The data is then randomly distributed across the network. Redundant copies of the data are created as well so that if someone storing your file turns off their computer, you will still have access to your data. And don’t worry, even with pieces of your data on other people’s computers, they won’t be able to read them. You can earn MadeSafeCoins by participating in storing data pieces from the network on your computer and thus earning a Proof of Resource.
Storj: Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Your files are encrypted, shredded into little pieces called 'shards', and stored in a decentralized network of computers around the globe. No one but you has a complete copy of your file, not even in an encrypted form.
Market 11 - Cloud computing
Obviously, renting computing power, one of the biggest emerging markets as of recent years, e.g. AWS and Digital Ocean, is also a service, which can be bought and managed via the blockchain.
Golem: Allows easy use of Supercomputer in exchange for tokens. People worldwide can rent out their computers to the network and get paid for that service with Golem tokens.
Elf: Allows easy use of Cloud computing in exchange for tokens.
Market 12 - Stablecoin
Last but not least, there are 2 stablecoins that have established themselves within the market. A stable coin is a coin that wants to be independent of the volatility of the crypto markets. This has worked out pretty well for Maker and DGD, accomplished through a carefully diversified currency fund and backing each token by 1g or real gold respectively. DO NOT CONFUSE DGD AND MAKER with their STABLE COINS DGX and DAI. DGD and MAKER are volatile, because they are the companies of DGX and DAI. DGX and DAI are the stable coins.
DGD: Platform of the Stablecoin DGX. Every DGX coin is backed by 1g of gold and make use proof of asset consensus.
Maker: Platform of the Stablecoin DAI that doesn't vary much in price through widespread and smart diversification of assets.
EDIT: Added a risk factor from 0 to 10. The baseline is 2 for any crypto. Significant scandals, mishaps, shady practices, questionable technology, increase the risk factor. Not having a product yet automatically means a risk factor of 6. Strong adoption and thus strong scrutiny or positive community lower the risk factor. EDIT2: Added a subjective potential factor from 0 to 10, where its overall potential and a small or big market cap is factored in. Bitcoin with lots of potential only gets a 9, because of its massive market cap, because if Bitcoin goes 10x, smaller coins go 100x, PIVX gets a 10 for being as good as Monero while carrying a 10x smaller market cap, which would make PIVX go 100x if Monero goes 10x.
Improving Trading IQ - Strategy Tool Kits for Market Conditions
We had a single person voting in the poll of topics to be covered for followers, 6 up-votes. One voter. So in what can only be described as a very one way vote, we'll cover; 2 - Market conditions strategy tool kit overview Personally, I think the other one is much more interesting. It usually goes like this, "You seen that candle ... didn't you? Read that on Babypips, right? Hmmm hum. Here are 10 reasons that does not work." Strategy tool kit is easier to do, though. This is largely a consolidation post since I've already posted much of the material in other posts. When Right is Wrong You must understand that you can create spectacular strategies, and no matter how well you've done with them there will be times they will betray you. Firstly, the strategy can only deal with all the variables you have had the foresight and pragmatism to allow it to cope with. You can not account for everything, because you can not know everything. From moment to moment you have no idea what is going to happen in the market. You can prepare for what you're prepared. Nothing more. This is something that we do with everything. Not just trading strategies. We devise strategies based upon our experience to meet objectives and they work flawlessly as long as no critical aspect of the circumstances change. When you drive somewhere often, you know the strategy to get there fastest. When there are accidents blocking up the roads, this strategy fails. It remains overall a good strategy, but will betray you when critical variables change. We'll stick with the driving analogy for understanding this. Although accidents by their very nature happen unexpectedly, you can know certain conditions in which there are more accidents. On days like this, if it's important you get somewhere in time you can leave early to account for possible detours, you can check road reports and see if there is anything to be aware of. You may even find out before getting there the road is closed, and in that case you'll take an alternative route (deploying a contingency strategy). Since you know your strategy for doing this so well, you know the good and bad points of it. You know it's risk factors, and you know contingencies. When it comes to profiting in trading this is the part that is important. A part too often glossed over and neglected. See, anyone can know the best route ... but not everyone can avoid being stuck in a 4 hour pile up when they're late for (insert most important thing). I can post entire strategies, literally covering everything for you. Starting with things to do before even considering a trade, moving on the specific things needed to make a trade valid for watch list. Precise requirements when price meets "potential entry area". More precise requirements for confirming and placing orders. Specifically how to place stops and targets. Indeed, I already have posted this. This is a Sat Nav. It's reasonably effective, and sometimes it will tell you to take an immediate left while you're driving along a straight bridge. You have to understand all trading strategies do this, and the better you get at understanding market conditions the more you learn about that, the more it becomes common sense not to take a nose dive off a bridge. You can learn to be discerning. You can find filters. This plugs leaks in your profit/loss and makes you a better trader. Let's refer to the common trading mistakes setups. Here we can see in a more practical sense how this applies to trading strategies (and although this is a hypothetically mock up, I have shown in other posts very specific practical use of this. It is practical in this market condition). https://preview.redd.it/ugjxoydspni31.png?width=1330&format=png&auto=webp&s=c8954294729e022b33e3d247b4b1d225a6462f05 You can create a really good trend following strategy, have it profit for months and then have it lose everything in a losing streak. This can have a crushing feeling to it. A feeling you were never right, always stupid and back to square one. https://preview.redd.it/9n96mxihqni31.png?width=714&format=png&auto=webp&s=1483c0cac8d6fd76a832a30e7e91517e912f28ce Source: https://www.reddit.com/Forex/comments/ct5r1t/constructively_dealing_with_failure_doubts_and/ When you learn that this consolidation and spike low pattern warns us very clearly there can be strong counter trend action and you learn to wait for a 61.8% retracement before engaging this style of strategy again - your results go linear. I feel I've already extensively shown that the switch of one market condition to another is one that can be seen. I won't be going over that again. It's covered in multiple posts and most recently here. What I've presented in these setups is what happens in a trend. When the market is ranging for a long time, none of that works. Nothing. Everything I am teaching you with this stuff will lose money in a ranging market. So no matter how good you get at doing that, and no matter how well the strategy is designed; if part of that goodness and design does not involve sitting out of ranges ... got some bad news for you. We have trending markets now (really easy to make money) , and this is why I am talking about all this stuff now. I am not going to get into range trading strategies because it's largely redundant at this point. There will be some intra day ranges, but probably overall trends. It's best to take advantage of what is there. We're here to make money from the markets - I am, anyway - not just talk about ideas. I've already shared with you much of my "Strategy Tool Kit" to trade this broad move. I've explained how I look at things in the perspective of trending week, corrective week or ranging week. https://preview.redd.it/5f684gatsni31.png?width=1016&format=png&auto=webp&s=19b7eed5ae9ab4120a218f29feb55c2e8e06b41a I've explained in detail a template you can use for preparing trade plans going into these. https://www.reddit.com/Forex/comments/cuzm4f/planning_for_profit_things_to_now_to_trade_bette When following the trend, I've explained a common mistake people make when entering into corrections. I use the inverse of this mistake to follow a trend, entering at the end of corrections. https://preview.redd.it/xo0tnhpctni31.png?width=711&format=png&auto=webp&s=4ce1741d4583e5b2401949bda1b8d531931b7f35 When the market is in correction I use a rather standard pattern of entering into false trend continuation moves. I've shown this pattern and how it works in my "Strategy to make 50% -100% a year Trading One Day a Week" series. I've shown you how I look for certain conditions to occur when price is getting close to the level that I think the trend may start to really continue. https://preview.redd.it/4g98buo1uni31.png?width=726&format=png&auto=webp&s=934149affe2a25ec4dcb1eba76e64aecdce16d74 Source: https://www.reddit.com/Forex/comments/cv1hf4/preparing_for_the_impulse_gbpusd_traps_to_expect/ Also, if the analysis I have done suggests that there might be a big candle in the move, I've shown you how without caring about what the news events actually are, I can watch for indicators and design my position placement to trade the move even if it's "unexpected news". It's not unexpected to me. I started to plan three weeks ago. https://preview.redd.it/qmjur2tguni31.png?width=746&format=png&auto=webp&s=e4bc502f5b6275b3833672534a48b3bce4527439 From this level, there are a few things that can happen. 1 - 'Gasp' drop (the move I am positioning for) 2 - Steady and progressive trend to new lows (the move I'll adapt to position for as it happens if there's no gasp drop) 3 - Strong bullish breakout (I will flip my short term trend trading strategies and trade the other direction) So with this tool kit of strategies and this overview of the market from my analysis style, I've known from the start of the month what sort of trading I'd be wanting to do this month. I've shown progressively how I made an initial swing analysis on GBPUSD 3 weeks ago, and then from there have slotted in meta analysis and strategies to profit from the price swings. Source: https://www.reddit.com/Forex/comments/cv1hf4/preparing_for_the_impulse_gbpusd_traps_to_expect/ I've made forecasts of what I think wee'll see in the coming month, and I've also prepared contingency plans so if it turns out my strategies have told me to take the "Left turn" ... I at least know how to swim. Your greatest enemies in trading can be: Anxiety, confusion and reaction. There are many people to be philosophical about these things but the solid core fact is if you do not remove them, they ruin you. You lose money, or you go through mental hell. It can be easier to bounce back from losing money than the sustained stress of not being prepared and working things out "on the hop". The best way to deal with this is to understand your battlefield. You need to stop seeing things in overly broad senses based just on what the market is doing right now. Rather you want to be able to try to work out what the "mood" of the market will be in the coming trading sessions. If it is in that mood ... what will that look like, and what do you do when the market looks like that? There is no such thing as bad weather ... only the wrong choice of clothing.
WolfpackBOT - The World's Fastest Crypto Trading Bot https://preview.redd.it/s5j8hgsgsi131.png?width=799&format=png&auto=webp&s=e0e5597fa32aa74f78fcfbb5cc08d143f8b8ca3b There are basically two different ways you can make mazuma from digital currencies. You can purchase a couple of coins currently, hold them for an extensive period and offer them after the esteem has risen significantly or you can get started with exchanging digital forms of money, here once more, you can exchange physically or run with the best crypto exchanging bots. While holding cryptographic money for a more drawn out term has turned out to be fulfilling, it takes a bounty of time and tolerance for you to optically observe the estimation of your speculation increase.If you are somebody, who does not have the persistence to hang tight for so long, at that point digital currency trading provides you with the immaculate chance to make some mazuma. Numerous prosperous digital currency dealers do recommend you purchase low and sell high. In any case, this is easier verbalized than done. Digital currencies have been cosmically unpredictable since the earliest reference point. They are the main tradable resources whose esteem shifts in twofold digit rates every day. The cost does not generally go up either. Along these lines, timing the market is the way to turning into a prosperous cryptographic money merchant. Exchanging digital money isn't any advanced science. All you require is a record on a digital money trade and some cryptographic money in your wallet. This would have been the situation, had you started exchanging these computerized resources route in 2010. Presently, on the off chance that you try to put in any limitation request on any famous cryptographic money trade, you will outwardly see another application set appropriate above you're, putting forth a superior arrangement. Hence, you are constrained to put orders at market esteem. The way that a superior offer quickly negated your offer does not assign that somebody is continually crushing before the PC. You just set off crypto exchanging bot when you submitted your request. The best bitcoin exchanging bots have surmounted the whole cryptographic money exchanging biological system, and this is primarily because of the way that they are more effective than people, particularly when it comes down to exchanging. Presently that you ken that bots have surmounted the crypto exchanging market, you more likely than not understood as of now that the chances of making mazuma when piled facing a great many bots are cosmically svelte. You could ace all the distinctive specialized investigation strategies and exceed the bots. In any case, in addition to the fact that this is tedious withal very tedious. So instead of investing more energy finding out about the specialized investigation, you can set up the crypto exchanging bots all alone. By the end of this article, not exclusively will you ken probably the most profitably rewarding cryptographic money exchanging bots out there, yet moreover will be enabled with the intelligence of winnowing your very own exchanging bot later on. Variables to Look for When Culling the Best Crypto Trading Bots
A standout amongst the most vital viewpoints to consider is the dependability of an exchanging bot. You would not operate to lose on a brilliant open door because your crypto bot went disconnected or stopped working for quite a while. You may contend that there is no real way to make sure about the dependability of a specific exchanging bot. Notwithstanding, you aren't the just a single using a bot. Scan for what alternate clients who have used a particular bot need to verbally express about its consistent quality or basically allude to our rundown of the best bitcoin exchanging bots underneath.
With regards to cryptographic forms of money, you can't inculpate anybody yet yourself if there should be an occurrence of a hack. When you initiate using an exchanging bot, you are giving the bot access to your mazuma. This can be very jeopardous, particularly if the exchanging bot is beginning in the field. There is no telling how secure a specific bot is. In this way, while separating an exchanging bot, complete quintessential research and winnow a bot that has been broadly extolled for its security.
Everything comes down to this fundamental part. Is the bot profitably worthwhile or not? An inquiry for which it is elusive an answer. The primary reason you chose to run with an exchanging bot is to benefit over its exchanging ability. There is no influential pertinence in using a bot that isn't profitably rewarding. In this way, discover the productivity of a bot up to you put both your time and mazuma into it.
The fundamental motivation behind why digital currency rose to acclaim is that the entire system is plenarily straightforward. There is the wrong spot for any injustice. The equivalent ought average even from the exchanging bot that you choose to run with. Attempt to winnow a bot whose engineers are unmistakable for their work in the network. Straightforwardness benefits to fabricate trust as well as also profits you to connect with the ideal individuals to adjust any issue.
Simplicity of profit
The entire cogency of running with a robotized bitcoin exchanging is to make the whole procedure of transferring cryptographic forms of money simple for everybody. A bot which accompanies a simple to use interface is the one that is exceptionally well known. Having the capacity to control the bots with only a couple of snaps of the mouse is something you should pay individual mind to, in the bot that you choose to use. Considering every one of the variables we have arranged a rundown of the best ten digital currency exchanging bots in 2019, the review will be unendingly refreshed with the goal that data remains apropos. Top 10 Best Crypto Trading Bots in 2019
This may be a new bot in the crypto exchanging market. In any case, this newcomer has figured out how to blow some people's minds because of the comprehensive exhibit of highlights that this bot gives. One of the defeats of most exchanging bots is that they kept running on your neighborhood machine. This betokens they run just when you have turned on your PC. With the lift in enthusiasm for cloud-predicated advancements, Cryptohopper uses cloud innovation to keep the bot running day in and day out. By running the bot on a cloud, clients will most likely put in exchange requests notwithstanding amid the night. In this manner, no open door is missed. Another critical reason that prompted the lift in the notoriety of Cryptohopper is its simplicity of usage, particularly for the tyro. The bot has incorporated with an outside exchanging signaller. This assigns anybody can initiate using this bot by running it on autopilot. This is a help to the nascent dealers, who need not stress over setting exchanging signals for their bot. The bot withal gives progressively experienced clients a chance to mess around and set their own exchanging signals. Along these lines, it is satisfying the desiderata of both. Aside from this, the bot is incidentally outfitted with highlights, for example, trailing stops, specialized examination, formats, and backtesting. Formats benefit you to design a nascent setting for your bot quickly, and specialized investigation sanctions you to redo and arrange your own settings. Like every extraordinary thing, the crypto container comes with a sticker price fastened to it. The cost starts from $19 every month for the fundamental arrangement and goes up to $99 per month if you operate their most extravagant arrangement. When you buy into any of the organizations, you can start using the bot on prominent trades like Binance, Huboi, Kucoin, Bittrex, Coinbase, Poloniex, Kraken, Cryptopia, and Bitfinex. On the off chance that you are slanted to spend the additional buck on an exchanging bot, at that point Cryptohopper is an extraordinary separate.
Even though 3Commas bot is nascent to the exchanging bot scene, it could give its clients huge increases, notwithstanding amid the crypto bear showcase. The new element that dissevers this bot from other bots is its workforce to trail any crypto advertise. This authorizes the bot to close the exchange at the most profitably excellent position, yet the objective addition set by the utilizer had just been come to. This element benefits enormously amid the crypto bull run. Additionally, the bot adventitiously endorses clients to exchange numerous cryptographic forms of money simultaneously. In this manner, it is not passing up any great exchanging opportunity that goes along the way. The bot is set up on the cloud and is available through the site. This betokens the bot runs 24X7. The bot can be designed with Binance and Bittrex at this moment and increasingly legitimate trades, for example, BitFinex, Poloniex, KuCoin, and so forth will be coordinated anon. The 3Commas comes with a sticker price appended to it. The starter plan will cost you $24, and the most luxurious genius pack would set you back by $82. On the off chance that you operate to give crypto bot exchanging a go, at that point, you could use the 3Commas starter plan and later peregrinate to the more rich schemes.
This is another mainstream exchanging bot with more than 6000 dynamic merchants using its lodging on a quotidian substructure. Good with a few exchanging stages including Binance and GDAX, it very well may be kept running on your nearby PC. This can keep running on Windows, Linus, and the Mac stages, so running on your neighborhood machine would not be a bind. The bot has 32 diverse pre-arranged exchanging systems which give clients a wide cluster of choices to induce some automated revenue. Among these techniques, the three most well-known ones are the Bollinger band, step addition, and ping pong. Numerous clients have detailed having made a bounty of benefits with the BB procedures. Gunbot isn't in freedom to use and accompanies a one-time level rate running from 0.1BTC to 0.3BTC, contingent upon the highlights that you would savor to optically observe in the bot. Aside from this, the bot supplementally comes as a Lite rendition that has encircled highlights yet can be habituated to test around with the lesser measure of mazuma. The post-buy support given by the organization is truly surprising. Clients get their issues settled in less than multi-day. The main pickle with regards to this bot is that you ought to in every case reliably outwardly look at the present market state. If the instability of the crypto advertise is high, at that point you ought to most likely turn the bot off to shun any misfortune
This is the most diverse digital money exchanging bot in subsistence at present. For any individual who needs to gain proficiency with some things about exchanging bots and not spend any mazuma getting one, at that point Gekko is the bot for you. The Gekko trading bot is an open source bitcoin exchanging bot venture that is accessible for anybody to use for nothing. The way that it is in freedom to use is the fundamental purpose behind its wide prevalence. Like some other open-source ventures, Gekko is free of for all intents and purposes all bugs and even the ones the pop are fixed up at lightning speeds. The Gekko bot can collaborate with a few trades, including Bitfinex, Polonix, and BitStamp. The bot uses a web interface to associate with the clients and can keep running on a neighborhood machine with Windows, Linux, or the Mac OS. The bot comes pre-designed with some exchanging system. You can initiate using the bot on autopilot as anon as you introduce and design it with a trade. In any case, if you would savor to use your very own exchanging system, the bot withal endorses you to design it to your savoring. While the present design is respectable for trying different things with the bot, there are a few other exchanging techniques accessible online that would benefit you make an all the more profitably worthwhile wager. The bot will withal send you a notice at whatever point it executes a specific exchange. This is finished by incorporating it with the Telegram envoy. Consequently, you will dependably ken how well your bot is performing. The main drawback to the Gekko exchanging bot is that it isn't very utilizer-heartfelt. There are a few aides in the digital world that direct you through the underlying setup process. Be that as it may, this procedure isn't extremely direct and you would presumably hit a barricade at any rate once amid the underlying setup.
Another allowed to use digital currency exchanging bot, Zenbot can be considered as a further developed form of the Gekko exchanging bot. Nonetheless, as Gekko has been around for a more extended time, it is all the more generally used. Much the same as Gekko, Zenbot programming can be downloaded from Github and introduced on your neighborhood PC. The product is perfect with Windows, Mac just as the Linux working frameworks. The bot comes pre-arranged with an entirely nice exchanging system. In any case, its real potential can be opened only when you initiate executing your exchanging order. The primary bind with the allowed to use bots is that they are frequently not very utilizer-genial. In any case, this isn't the situation with Zenbot. The entire setup process is extremely effortless, and you can have the bot fully operational in all respects speedily. The bot chips away at all prevalent trades, for example, Bitfinex, Poloniex, Bittrex, and so on. As it is an open source venture, it is without now of a few bugs, and regardless of whether one springs up, it will be adjusted all around speedily. The Zenbot can effortlessly actualize with a few informing stages, for example, slack, Telegram, and so on to give you the updates of any exchange that was executed. Adventitiously, the Zenbot withal braces high-recurrence exchanging. This is a component that outlined the personnel of the Gekko bot. The Zenbot is being refreshed, and more highlights are being incorporated traditionally. Hence, making it a bot for you to reliably outwardly analyze.
WolfpackBOT: WolfpackBOT is a cryptographic money exchanging programming application that has been created with the most developed highlights of any robotized exchanging programming of its sort. The WolfpackBOT has been intended to execute exchanging directions with the usage of restrictive numerical calculations, and specialized investigation bespeakers predicated on the client's predefined assignments.
The cryptographic money advertise as of now bearish, and many exchanging bots easily miss the scarcest vacillations. WolfpackBOT has been built to execute trading directions at a lightning speed and is fit for making up to a large number of exchanges every day, relying upon the states of the market. WolfpackBOT is among the few cryptographic money exchanging bots that give crypto aficionados full self-governance, security, and control of their exchanging bot and its related API keys. A large portion of the crypto trading bots out there are cloud-predicated stages that are constrained by outsider frameworks. While these stages guarantee dealers of outright wellbeing and security, insightful brokers ken that in the crypto space, outsider frameworks like trades and other cloud-predicated steps are hacked proximately consistently. Since WolfpackBOT programming and your related API keys are put away individually PC or devoted VPS, WolfpackBOT can sidestep a significant number of the security issues related to cloud-predicated frameworks. WolfpackBOT has been created for the whole crypto network, from experienced merchants to novices, with three in all respects reasonably valued membership levels. WolfpackBOT accompanies a few membership bundles that authorize clients to exchange with a wide scope of chances predicated on their favored membership.
cryptotrader_reviewAlmost all digital money merchants would have aurally seen about the crypto dealer exchanging bot. The across the board fame of this bot is because it was one of the absolute first bots to be kept running on the cloud and accessible to the clients day in and day out. The crypto broker bot is plenarily web-predicated and in this manner, open from anyplace you can associate with the digital world. The bot can be easily designed with a few well-known trades, for example, Poloniex, Bittrex, Kraken, and so on. This bot does not come for nothing out of pocket. You can operate from the few organizations accessible. The valuing initiates with 0.003BTC every month for the most simple arrangement and this goes up to 0.0472 BTC every month for their excellent arrangement. While all plans do offer clients support for programmed exchanging, the early highlights and as far as possible for the more indulgent plans is higher than that given the basic arrangement. Any early component that is caused is most readily accessible on the higher bundle designs and are later accessible on the basic plans. On the off chance that you would simply savor to exchange on a solitary trade and with exceptionally delineated mazuma, at that point the basic arrangement will get the job done. Be that as it may, on the off chance that you are outwardly looking at the higher volume of exchanges, at that point run with the higher bundle. This bot additionally sustains algorithmic exchanging. In this manner, I am making it effortless for clients to execute their very own arrangements. The bot can be effortlessly modified. In this manner, I am making it a broadly utilized cryptographic money exchanging bot.
btcrobotWe simply needed to incorporate the pioneer of digital currency exchanging bots on our rundown of the best crypto exchanging bots. The Bitcoin robot started as a Bitcoin exchanging bot. In any case, it can now withal be designed to exchange different digital currencies, for example, Ethereum and Litecoin. The bot is accessible as a product and should be downloaded and keep running on your neighborhood machine. This betokens the exchanges will be executed just as long as you keep your PC turned on. The bot can effortlessly work with a few digital money trades and is by and large broadly utilized even today. The bot isn't accessible free of expense and costs you a premium. The cost of the bot ranges from $19.99 every month for the principal plan. In any case, clients usually buy the platinum plan that costs just $399 one time charge and offers utilizer unlimited access to every one of the highlights. The benefits made by individuals using this bot verbalizes for itself. Supplementally, they do offer a 60-days mazuma back assurance. Along these lines, you should look at them once.
This can't be considered as a bot. In any case, the USI tech BTC settlement promises mechanized benefits for your BTC speculations. The USI Tech was at first intended for Forex exchanging. In any case, after the raise of the ubiquity of Bitcoin, they additionally offer BTC bundles. Not at all like some other BTC exchanging bot where you require to give the API key of your trade account to execute exchanges, on USI Tech, you will require to winnow from among the few BTC master exchanges. At that point, you will begin accepting your segment of benefits at whatever point exchange is made. The USI Tech stage basically ensures extraordinary comes back to your speculations. The entire procedure of purchasing your absolute first BTC bundle is withal simple and pellucidly elucidated on their site. You can explore different avenues regarding the benefits that you gain. In any case, the number of bundles you purchase, the more dominant will be your benefit
Margin.De (Leonardo Bot)
Edge LeonardobotThis is a cryptographic money exchanging bot with the most utilizer-genial interface. The GUI of the bot is easy to use, and the highlights gave are extremely puissant. The bot was structured with two exchanging techniques ping pong and Margin exchanging actualized into it. In any case, you can withal modify it with your very own custom settings. This bot lays incredible complement on the visual parts of exchanging. The specialized examination done by the bot is immensely simple to break down. What more? The bot has an astonishing component called visual exchanging. This interface feels rich smooth to use and offers clients the most extreme authority over the exchanges. The bot was at first evaluated at 0.5 BTC consistently. Notwithstanding, presently, it is accessible at a one-time cost extending from $89 to $1999 with the most elevated arrangement offering a bigger number of highlights than th
Why traditional exchanges will not convert to OMG and why it doesn't matter
Something that keeps coming up is the idea that OMG will grab a slice of forex and crypto trading. In this rather excellent post Civilian- suggests that OMG might grab a slice of the daily 3 trillion forex trade and the yearly 10 trillion Crypto Exchange Trade. This type of speculation has been further stoked by the news that MUFG (a partner of Omise) is planning to build an exchange and maybe they will build it on OMG... I’ve promised a few folks here on the omise_go subreddit that I would explain why that is highly unlikely to happen as expected... and also to explain why that does not matter. As you read through this, you may get a little disheartened, but don’t, because I’ve got some great news at the end that makes up for the debbie downer stuff at the start. HFT The first important point to note is that most exchange liquidity is created by high frequency trading HFT. These HFT bots are always running. They make trades every second. With each trade they try to gain just a fraction of a percentage point and as a result they usually make large trades to make money on those very small gains. This means that just about any time a regular day trader wants to make a trade it is instantly snapped up. Which is great for day traders! There are many HFT companies that are market makers and collectively give electronic marketplaces huge amounts of liquidity. The world of HFT is conducted in milliseconds. Trades MUST be able to execute within the shortest time possible (sub 1 second end-to-end). It is, after all, computer against computer. This is why many HFT companies pay huge amounts of money to get the fastest possible connection to an exchange. In many cases they even get an office right next to the exchange and wire a fiber through the wall, directly to the exchange’s network, to try to get a competitive advantage. So, to recap, HFT traders are market makers, they create the liquidity that makes it very convenient for other traders to be on the system. Confirmations For a transaction to complete on a DEX like OMG, it must be confirmed by multiple nodes. Each node will be at a different location in the world. We don’t know how distributed nodes will be geographically, but, presumably there will be enough distance to help add security to the network. Perhaps different cities, different countries, or, at the very least different regions of the same city. You can imagine how a network like that could not work very well for HFT... based on the simple constraint of the speed of light! In the traditional model the HFT firms buy a single direct connection to a centralized exchange with a ping time of 10ms. When they place the trade no confirmations are required. So just one wire and one api endpoint and a few milliseconds. If they try to make that same trade on a DEX the trade would require multiple nodes to be discovered and confirm the transaction with each node incurring it’s own 100ms? 200ms? network latency. It seems almost impossible to imagine a system like that enabling sub second trades end-to-end. Reason #1 So, DEX confimrtatons and network latencey is reason #1 why it is very unlikely any traditional exchange would move to run on the OMG network. After all, they would jeopardize their relationship with HFT traders and the fees they bring. They would also jeopardize the liquidity that their other customers rely on so much. You may say, but wait, the OMG DEX will give them the liquidity they need, but that is a moot point because a) for them it will be unproven and b) they will not want to lose the huge amount of revenue they make from HFT to another exchange that didn’t switch. Keep in mind the bulk of the 3 trillion daily trading is created by these types of exchanges. Exchange Architecture I’m not sure if this is common knowledge, but running an exchange can be disgustingly lucrative. The per trade cost is basically zero. This is due to the core architecture of an exchange. Essentially, when fiat or crypto is deposited into an exchange, it goes into a large global wallet that the exchange owns. Then a number of that same amount is assigned to a customer record. From that point forward all the “trading” is simply swapping numbers in a database. There is no actual money, or value, of any kind swapping hands per trade. The money remains in the large global wallet and is not touched. For example, at its most basic, the database code it takes to make a single trade might look something like this:
UPDATE customers SET USDT = USDT - 25 WHERE customer_id = 1; UPDATE customers SET OMG = OMG + 1 WHERE customer_id = 1;
Those two simple SQL statements tell a database to subtract 25 and add 1 to a customer record. In this case the record says USDT and OMG but don’t let that fool you, it’s not really USDT or OMG it’s just database columns, with convenient names. Additionally, for every trade something like this happens:
UPDATE customers SET USDT = USDT - (25 * 0.0025) WHERE customer_id = 1; UPDATE exchange_profits SET USDT = USDT + (25 * 0.0025);
THAT is the exchange taking a 0.25% fee per trade. For example, yesterday bittrex (the 7th busiest crypto exchange) did a total volume of $1,027,873,751. We can calculate how much they made by doing this:
VOLUME * 1.0025 = TOTAL VOLUME - TOTAL = PROFIT
So, from their 0.25% Bittrex made $2,569,684 yesterday. Ignoring the fact that a DEX is not fast enough for HFT trading, let’s imagine that bittrex did decide to run on the OMG network. In this case Bittrex could use the OMG infrastructure and add a surcharge on top of every trade. Let’s imagine a best case scenario that OMG trades cost 0.1% per trade and that Bittrex could then add 0.15% on top. This means that Bittrex would be losing $1,027,8737 per day vs what they could be making by running their own infrastructure. Reason #2 I hope you can see there is no “infrastructure savings” that OMG could bring that could offset the level of profit exchanges make. With the amount of money that exchanges make they can easily hire developers to fix any scaling issues or other technical problems that they may have. All that is to say, loss of profits is reason #2 why it is very unlikely that any existing exchange would switch to run on the OMG network. This is also why it is highly unlikely a traditional bank like MUFG would build a new exchange on the OMG network. Why would they? When they can literally make billions of dollars of extra profit by running it on their own infrastructure! Disruption Patterns So, right about now, you’re probably feeling depressed because it feels like we just lost trillions and trillions of earning potential from our beloved OMG :( Well, let’s talk about why that doesn’t matter by looking at patterns of disruption... Many people think Uber makes all it’s money by replacing Taxis. Wrong! They made it so easy, cheap and addictive to use on-demand transportat that customers use Uber in ways that they never used Taxis. For example, before Uber came along I personally used Taxis about one time a year but now I use Uber about 4 times a week! Uber created a completely new market. Very few people ever used Taxis 4 times a week but, now, lots of people use Uber 4 times a week. This equates to a staggering amount of new money that has nothing to do with “replacing” Taxis. The same pattern can be seen with Slack. Before Slack came along there were plenty of competitors doing what Slack did. Sure Slack took some of that business away, but the real money they made was by bringing in hundreds of thousands of new companies who had never used a product like that. They just made Slack so easy to get started with and then so easy to continue to use. Even my mum uses slack! The same can be said for Google. Google literally brought a whole new set of people to the internet because it made it easy to find stuff. OMG Disruptions It’s a little bit difficult to see where or how disruption might play out. For example, Microsoft always had the lofty goal of everyone getting a computer. But, it was actually the iPhone that ended up being the reason (and disruption) that caused everyone to get a computer. For this reason it’s hard to predict specifically where OMG might take us and what new markets will come to exist because of it. That said, one thing that a lot of disruptions to have in common is that they make something easier and/or cheaper. So, perhaps if we explore what OMG makes easier and cheaper, we might get some ideas of new markets it could create. Easier for Developers In the same way that etherium makes it easy to create new alt-coins and as a result we have LOTS of alt-coins now. The OMG network and SDK will make it easier to build... exchanges… like Bittrex! Now, don’t get mad at me. I know I just convinced you that exchanges won’t be run on OMG... but I was talking about existing exchanges not new ones created by indie developers. OMG makes it wayyy easier for a solo indie developers to build something like an exchange because all they need to do is build the front end and plug it into OMG. It would not be useful for HFT traders. It would not rake in the kind of profits that Bittrex does. It may even only make $1.99 in the app store. But, that is still worth it to an indie developer! In this way, hundreds, or perhaps even thousands, of new exchange style apps will be created that run on the OMG network. There are many reasons that a consumer might use an app like this vs Bittrex. For example, if exchange fees were 0.1%. Or if the app had automation built in. Or perhaps the app had a UI that was much more pleasing to use. In the same way that Uber created a whole new type of transportation customer, these new apps might create a new type of crypto and forex trader. Of course, it will not just be exchange apps that OMG makes easier for developers, but since that is what we are talking about, that is why I mentioned it. Other things that will be easier will be cross border payments, cross cilo payments (paypal -> venmo), cross currency payments, in game payments, etc. Each new type of “easiness” that is passed on to developers will end up spawning a new set of apps and markets. Easier for Consumers The simple fact of being able to easily move money around will create thousands of possibilities. Far to many to mention here. Cheaper for Consumers Nothing is better than cheaper AND easier. With OMG we get a lot of that. Also, too many possibilities to mention here. Perhaps that should be another post... Conclusion HODL
"Satoshi Nakamoto" the mysterious creator of Bitcoin is no other than the CIA
Bitcoin has surged to all time highs, Who created Bitcoin, and why? The creator of Bitcoin is officially a name, “Satoshi Nakamoto” – very few people believe that it was a single male from Japan. In the early days of Bitcoin development this name is associated with original key-creation and communications on message boards, and then the project was officially handed over to others at which point this Satoshi character never appeared again (Although from time to time someone will come forward saying they are the real Satoshi Nakamoto, and then have their posts deleted). Bitcoin could very well be the ‘one world currency’ that conspiracy theorists have been talking about for some time. It’s a kill five birds with one stone solution – not only is Bitcoin an ideal one world currency, it allows law enforcement a perfect record of all transactions on the network. It states very clearly on bitcoin.org (the official site) in big letters “Bitcoin is not anonymous” : Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once. Another advantage of Bitcoin is the problem of Quantitative Easing – the Fed (and thus, nearly all central banks in the world) have painted themselves in a corner, metaphorically speaking. QE ‘solved’ the credit crisis, but QE itself does not have a solution. Currently all currencies are in a race to zero – competing with who can print more money faster. Central Bankers who are in systemic analysis, their economic advisors, know this. They know that the Fiat money system is doomed, all what you can read online is true (just sensationalized) – it’s a debt based system based on nothing. That system was created, originally in the early 1900’s and refined during Breton Woods followed by the Nixon shock (This is all explained well in Splitting Pennies). In the early 1900’s – there was no internet! It is a very archaic system that needs to be replaced, by something modern, electronic, based on encryption. Bitcoin! It’s a currency based on ‘bits’ – but most importantly, Bitcoin is not the ‘one world currency’ per se, but laying the framework for larger cryptocurrency projects. In the case of central banks, who control the global monetary system, that would manifest in ‘Settlement Coin’ : Two resources available almost exclusively to central banks could soon be opened up to additional users as a result of a new digital currency project designed by a little-known startup and Swiss bank UBS. One of those resources is the real-time gross settlement (RTGS) system used by central banks (it’s typically reserved for high-value transactions that need to be settled instantly), and the other is central bank-issued cash. Using the Utility Settlement Coin (USC) unveiled today, the five-member consortium that has sprung up around the project aims to help central banks open-up access to these tools to more customers. If successful, USC has the potential to create entirely new business models built on instant settling and easy cash transfers. In interview, Robert Sams, founder of London-based Clearmatics, said his firm initially worked with UBS to build the network, and that BNY Mellon, Deutsche Bank, ICAP and Santander are only just the first of many future members. the NSA/CIA often works for big corporate clients, just as it has become a cliche that the Iraq war was about big oil, the lesser known hand in global politics is the banking sector. In other words, Bitcoin may have very well been ‘suggested’ or ‘sponsored’ by a banker, group of banks, or financial services firm. But the NSA (as we surmise) was the company that got the job done. And probably, if it was in fact ‘suggested’ or ‘sponsored’ by a private bank, they would have been waiting in the wings to develop their own Bitcoin related systems or as in the above “Settlement Coin.” So the NSA made Bitcoin – so what? The FX markets currently represent the exchange between ‘major’ and ‘minor’ currencies. In the future, why not too they will include ‘cryptocurrencies’ – we’re already seeing the BTC/EUR pair popup on obscure brokers. When BTC/USD and BTC/EUR are available at major FX banks and brokers, we can say – from a global FX perspective, that Bitcoin has ‘arrived.’ Many of us remember the days when the synthetic “Euro” currency was a new artificial creation that was being adopted, although the Euro project is thousands of degrees larger than the Bitcoin project. But unlike the Euro, Bitcoin is being adopted at a near exponential rate by demand (Many merchants resisted the switch to Euros claiming it was eating into their profit margins and they were right!). And to answer the question as to why Elite E Services is not actively involved in Bitcoin the answer is that previously, you can’t trade Bitcoin. Now we’re starting to see obscure brokers offering BTC/EUR but the liquidity is sparse and spreads are wacky – that will all change. When we can trade BTC/USD just like EUUSD you can bet that EES and a host of other algorithmic FX traders will be all over it! It will be an interesting trade for sure, especially with all the volatility, the cross ‘pairs’ – and new cryptocurrencies. For the record, for brokers- there’s not much difference adding a new symbol (currency pair) in MT4 they just need liquidity, which has been difficult to find. So there’s really nothing revolutionary about Bitcoin, it’s just a logical use of technology in finance considering a plethora of problems faced by any central bank who creates currency. And there are some interesting caveats to Bitcoin as compared to major currencies; Bitcoin is a closed system (there are finite Bitcoin) – this alone could make such currencies ‘anti-inflationary’ and at the least, hold their value (the value of the USD continues to deteriorate slowly over time as new M3 introduced into the system.) But we need to pay Here’s some interesting theories about who or whom is Satoshi: A corporate conglomerate Some researchers proposed that the name ‘Satoshi Nakamoto’ was derived from a combination of tech companies consisting of Samsung, Toshiba, Nakayama, and Motorola. The notion that the name was a pseudonym is clearly true and it is doubtful they reside in Japan given the numerous forum posts with a distinctly English dialect. Craig Steven Wright This Australian entrepreneur claims to be the Bitcoin creator and provided proof. But soon after, his offices were raided by the tax authorities on ‘an unrelated matter’ Soon after these stories were published, authorities in Australia raided the home of Mr Wright. The Australian Taxation Office said the raid was linked to a long-running investigation into tax payments rather than Bitcoin. Questioned about this raid, Mr Wright said he was cooperating fully with the ATO. “We have lawyers negotiating with them over how much I have to pay,” he said. Other potential creators Nick Szabo, and many others, have been suggested as potential Satoshi – but all have denied it: The New Yorker published a piece pointing at two possible Satoshis, one of whom seemed particularly plausible: a cryptography graduate student from Trinity College, Dublin, who had gone on to work in currency-trading software for a bank and published a paper on peer-to-peer technology. The other was a Research Fellow at the Oxford Internet Institute, Vili Lehdonvirta. Both made denials. Fast Company highlighted an encryption patent application filed by three researchers – Charles Bry, Neal King and Vladimir Oksman – and a circumstantial link involving textual analysis of it and the Satoshi paper which found the phrase “…computationally impractical to reverse” in both. Again, it was flatly denied. THE WINNER: It was the NSA The NSA has the capability, the motive, and the operational capacity – they have teams of cryptographers, the biggest fastest supercomputers in the world, and they see the need. Whether instructed by their friends at the Fed, in cooperation with their owners (i.e. Illuminati banking families), or as part of a DARPA project – is not clear and will never be known (unless a whistleblower comes forward). In fact, the NSA employs some of the best mathematicians and cryptographers in the world. Few know about their work because it’s a secret, and this isn’t the kind of job you leave to start your own cryptography company. But the real smoking Gun, aside from the huge amount of circumstantial evidence and lack of a credible alternative, is the 1996 paper authored by NSA “HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH” The NSA was one of the first organizations to describe a Bitcoin-like system. About twelve years before Satoshi Nakamotopublished his legendary white paper to the Metzdowd.com cryptography mailing list, a group of NSA information security researchers published a paper entitled How to Make a Mint: the Cryptography of Anonymous Electronic Cash in two prominent places, the first being an MIT mailing list and the second being much more prominent, The American Law Review The paper outlines a system very much like Bitcoin in which secure financial transactions are possible through the use of a decentralized network the researchers refer informally to as a Bank. They list four things as indispensable in their proposed network: privacy, user identification (protection against impersonation), message integrity (protection against tampering/substitution of transaction information – that is, protection against double-spending), and nonrepudiation (protection against later denial of a transaction – a blockchain!). It is evident that SHA-256, the algorithm Satoshi used to secure Bitcoin, was not available because it came about in 2001. However, SHA-1 would have been available to them, having been published in 1993. Why would the NSA want to do this? One simple reason: Control. As we explain in Splitting Pennies – Understanding Forex – the primary means the US dominates the world is through economic policy, although backed by bombs. And the critical support of the US Dollar is primarily, the military. The connection between the military and the US Dollar system is intertwined inextricably. There are thousands of great examples only one of them being how Iraq switched to the Euro right before the Army’s invasion. In October 2000 Iraq insisted on dumping the US dollar – ‘the currency of the enemy’ – for the more multilateral euro. The changeover was announced on almost exactly the same day that the euro reached its lowest ebb, buying just $0.82, and the G7 Finance Ministers were forced to bail out the currency. On Friday the euro had reached $1.08, up 30 per cent from that time. Almost all of Iraq’s oil exports under the United Nations oil-for-food programme have been paid in euros since 2001. Around 26 billion euros (£17.4bn) has been paid for 3.3 billion barrels of oil into an escrow account in New York. The Iraqi account, held at BNP Paribas, has also been earning a higher rate of interest in euros than it would have in dollars. The point here is there are a lot of different types of control. The NSA monitors and collects literally all electronic communications; internet, phone calls, everything. They listen in even to encrypted voice calls with high powered microphones, devices like cellphones equipped with recording devices (See original “Clipper” chip). It’s very difficult to communicate on planet Earth in private, without the NSA listening. So it is only logical that they would also want complete control of the financial system, including records of all electronic transactions, which Bitcoin provides. Could there be an ‘additional’ security layer baked into the Blockchain that is undetectable, that allows the NSA to see more information about transactions, such as network location data? It wouldn’t be so far fetched, considering their past work, such as Xerox copy machines that kept a record of all copies made (this is going back to the 70’s, now it’s common). Of course security experts will point to the fact that this layer remains invisible, but if this does exist – of course it would be hidden. More to the point about the success of Bitcoin – its design is very solid, robust, manageable – this is not the work of a student. Of course logically, the NSA employs individuals, and ultimately it is the work of mathematicians, programmers, and cryptographers – but if we deduce the most likely group capable, willing, and motivated to embark on such a project, the NSA is the most likely suspect. Universities, on the other hand, didn’t product white papers like this from 1996. Another question is that if it was the NSA, why didn’t they go through more trouble concealing their identity? I mean, the internet is rife with theories that it was in fact the NSA/CIA and “Satoshi Nakamoto” means in Japanese “Central Intelligence” – well there are a few answers for this, but to be congruent with our argument, it fits their profile. Where could this ‘hidden layer’ be? Many think it could be in the public SHA-256, developed by NSA (which ironically, was the encryption algorithm of choice for Bitcoin – they could have chosen hundreds of others, which arguably are more secure): Claims that the NSA created Bitcoin have actually been flung around for years. People have questioned why it uses the SHA-256 hash function, which was designed by the NSA and published by the National Institute for Standards and Technology (NIST). The fact that the NSA is tied to SHA-256 leads some to assume it’s created a backdoor to the hash function that no one has ever identified, which allows it to spy on Bitcoin users. “If you assume that the NSA did something to SHA-256, which no outside researcher has detected, what you get is the ability, with credible and detectable action, they would be able to forge transactions. The really scary thing is somebody finds a way to find collisions in SHA-256 really fast without brute-forcing it or using lots of hardware and then they take control of the network,” cryptography researcher Matthew D. Green of Johns Hopkins University said in a previous interview. Then there’s the question of “Satoshi Nakamoto” – if it was in fact the NSA, why not just claim ownership of it? Why all the cloak and dagger? And most importantly, if Satoshi Nakamoto is a real person, and not a group that wants to remain secret – WHY NOT come forward and claim your nearly $3 Billion worth of Bitcoin (based on current prices). Did the NSA create Satoshi Nakamoto? The CIA Project, a group dedicated to unearthing all of the government’s secret projects and making them public, hasreleased a video claiming Bitcoin is actually the brainchild of the US National Security Agency. The video entitled CIA Project Bitcoin: Is Bitcoin a CIA or NSA project? claims that there is a lot of compelling evidences that proves that the NSA is behind Bitcoin. One of the main pieces of evidence has to do with the name of the mysterious man, woman or group behind the creation of Bitcoin, “Satoshi Nakamoto”. According to the CIA Project, Satoshi Nakamoto means “Central Intelligence” in Japanese. Doing a quick web search, you’ll find out that Satoshi is usually a name given for baby boys which means “clear thinking, quick witted, wise,” while Nakamoto is a Japanese surname which means ‘central origin’ or ‘(one who lives) in the middle’ as people with this surname are found mostly in the Ryukyu islands which is strongly associated with the Ry?ky? Kingdom, a highly centralized kingdom that originated from the Okinawa Islands. So combining Nakamoto and Satoshi can be loosely interpreted as “Central Intelligence”. Is it so really hard to believe? This is from an organization that until the Snowden leaks, secretly recorded nearly all internet traffic on the network level by splicing fiber optic cables. They even have a deep-sea splicing mission that will cut undersea cables and install intercept devices. Making Bitcoin wouldn’t even be a big priority at NSA. Certainly, anonymity is one of the biggest myths about Bitcoin. In fact, there has never been a more easily traceable method of payment. Every single transaction is recorded and retained permanently in the public “blockchain”. The idea that the NSA would create an anarchic, peer-to-peer crypto-currency in the hope that it would be adopted for nefarious industries and become easy to track would have been a lot more difficult to believe before the recent leaks by Edward Snowden and the revelation that billions of phone calls had been intercepted by the US security services. We are now in a world where we now know that the NSA was tracking the pornography habits of Islamic “radicalisers” in order to discredit them and making deals with some of the world’s largest internet firms to insert backdoors into their systems. And we’re not the only ones who believe this, in Russia they ‘know’ this to be true without sifting through all the evidence. Nonetheless, Svintsov’s remarks count as some of the more extreme to emanate from the discussion. Svintsov told Russian broadcast news agency REGNUM:“All these cryptocurrencies [were] created by US intelligence agencies just to finance terrorism and revolutions.”Svintsov reportedly went on to explain how cryptocurrencies have started to become a payment method for consumer spending, and cited reports that terrorist organisations are seeking to use the technology for illicit means. Let’s elaborate on what is ‘control’ as far as the NSA is concerned. Bitcoin is like the prime mover. All future cryptocurrencies, no matter how snazzy or functional – will never have the same original keys as Bitcoin. It created a self-sustained, self-feeding bubble – and all that followed. It enabled law enforcement to collect a host of criminals on a network called “Silk Road” and who knows what other operations that happened behind the scenes. Because of pesky ‘domestic’ laws, the NSA doesn’t control the internet in foreign countries. But by providing a ‘cool’ currency as a tool, they can collect information from around the globe and like Facebook, users provide this information voluntarily. It’s the same strategy they use like putting the listening device in the chips at the manufacturing level, which saves them the trouble of wiretapping, electronic eavesdropping, and other risky methods that can fail or be blocked. It’s impossible to stop a cellphone from listening to you, for example (well not 100%, but you have to physically rewire the device). Bitcoin is the same strategy on a financial level – by using Bitcoin you’re giving up your private transactional information. By itself, it would not identify you per se (as the blockchain is ‘anonymous’ but the transactions are there in the public register, so combined with other information, which the NSA has a LOT OF – they can triangulate their information more precisely. That’s one problem solved with Bitcoin – another being the economic problem of QE (although with a Bitcoin market cap of $44 Billion, that’s just another day at the Fed buying MBS) – and finally, it squashes the idea of sovereignty although in a very, very, very subtle way. You see, a country IS a currency. Until now, currency has always been tied to national sovereignty (although the Fed is private, USA only has one currency, the US Dollar, which is exclusively American). Bitcoin is a super-national currency, or really – the world’s first one world currency. Of course, this is all great praise for the DOD which seems to have a 50 year plan – but after tens of trillions spent we’d hope that they’d be able to do something better than catching terrorists (which mostly are artificial terrorists)
BCNEX exchange platform will be the best among all other crypto-currency exchange platform.
Bcnex exchange is a stock exchange that can be used both on mobile phones and through Internet Browser. Thanks to this stock market, you can evaluate your digital assets quickly and reliably. The mobile and internet interface of the stock market aims to be one of the fastest interfaces ever. In this way, users will never miss an opportunity and will be able to trade quickly with ease. The technical infrastructure of the stock market is designed in a robust way so that it can accurately perform millions of exchanges per second. It has only Bcnex in existing stock markets with such a strong feature and that is what makes it special. Stock markets are very important instruments for the crypto world. Because we keep all our digital assets here, evaluate them here, and withdraw them from here. As blockchain technology develops, the market values and functions of the stock market are increasing and will continue to increase. Bcnex, which I'm about to talk about soon, aims to be a better stock market than the stock market we know. He especially wants to establish a platform that wants to perfect customer service. In addition to this, as much as possible, transparent aims to be the leader in the market by providing advanced crypto exchange, which holds the security of its customers above all else. The Bcnex stock market wants to give users a complete security experience. The software of Bcnex developers is knowledgeable, experienced and skilled. These programmers who want to lay the foundations of the architecture they will build in a very solid way are aiming to take all measures to ensure that the system works perfectly. What makes Bcnex special is that they are also dominated by traditional investment tools. The software developers and designers embodied by Bcnex have created the infrastructure of world-famous systems and have been chosen from experienced ones. With decades of experience, they want to build Bcnex very strongly. This means they want to set up a fast, effective and reliable platform with a user-friendly interface, minimizing vulnerabilities. Bcnex's programmers are special individuals who have already built large markets such as Forex. Therefore, they have the experience and the equipment necessary for the construction of Bcnex. Over the years we have seen huge growth in the development of crypto-currency exchange platform but unfortunately only few of these exchanges have really solved the existing problem in the financial industries. Existing crypto-currency exchange platform have been trying to solve the issues of crypto-currency exchange but hasn’t been successful in their quest simply because there is lack of real technicality behind the success exchange platform. The issue of technicality arises from the developers and programmers that are just ready to make quick money from the launch of a crypto-currency exchange. Development of crypto-currency exchange is not just something you wake in a day and completed it with an hour or two. Crypto-currency exchange platform needs lots of planning before it can be developed and there is need for good programmer that understand the concept of crypto-currency exchange and not just someone that want to make quick money within hours. As a result of this technicality, lots of crypto-currency exchange platform has been closed down as a result of bugs and glitches which has posed a security threats in the platform. Today I’m glad to introduce to you the best crypto-currency exchange platform known as “BCNEX” Most of the exchanges work to make money, and they hardly care about the user and the investor. Because of these poorly designed stock exchanges, almost billions of dollars of crypto money is being stolen, hacked. The reason for this is that the software, interfaces and infrastructure of these stock exchanges are poorly prepared. That's why people dont rely on blockchain technology and stop investing. However, the presence of projects such as Bcnex is planning to revolutionize the stock market. Bcnex wants to create its own stock exchange to respond to all the concerns of users and wants to start a new revolution. WHITEPAPER: https://www.bcnex.net/docs/BCNEX_WP_ENG.pdf WEBSITE: https://www.bcnex.net/
Crypto asset are very volatile where traders need more technical and fundamental analysis before venturing into such career taking trading as source of income . the market capitalization is trading approximately 130billion USD as the time this article was published. This shows that there are lot of money to make out from the crypto market but unfortunate many traders have lose all most all their asset on their portfolio since inception of bitcoin and altcoin trading was introduce to the global community , trading hasn’t been easy especially trying to understand the different candle patterns and the time frame, this has be tedious and difficult for traders to comprehend , the worst scenario is that most trader sit down with their laptops and phone monitoring trading chart that which looks complex for them to make profit . This is just simply spending wise time and earning no or little profit. This is the reason the artificial intelligence such as BOT are introduce to save time and maximize profit for traders and am glad to introduce one of the best , most secure and fast trading BOT to you called the WOLFPACKBOT. The wolfpackbot is an automated secure trading software design by great teams that have lot of experience on the forex market, and crypto market which helps trader to predict and forecast the price action movement of crypto asset on exchange marketplace such bitmex, binance and the rest of the crypto exchanges that is compatible with wolfpackbot API . The wolfpackbot WHY THE WOLFPACKBOT THE MOST FASTEST AND SECURE TRADING BOT WOLFPACKBOT is the only and first trading bot allow traders to do a live scanning of their trading position whether long or short positions and simultaneously partially fills orders with ease according to the trader settings decision on the bot. this means there no way the bot allow traders to miss out of the trade . The bot works with technical indicators such as the RSI and MACD with respect to the smallest time frame of candles that is 1minute candle. The Bot have the capability to process more than 10,000 trading per day which makes it more reliable for trading. The security of the Bot was design with high infrastructure and model cyber security tools that prevent hackers from gaining access to users account. Features of the wolfpackbox
WOLFPACKBOT AUTOMATED TRADING SOFTWARE.
WOLFBOX HARDWARE CONSOLE
IS THERE A LANGUAGE BARRIER ON THE BOT There is no language barrier on the bot it has a friendly and amazing user’s graphics interface which features lot of language such English, Dutch, English, French, German, and Spanish. WHAT ARE THE SUBSCRIPTION ON THE BOT The wolfpackbot has three distinct subscription packages for all traders. They listed below Ø WolfBOT Ø PupBOT Ø WerewolfBOT The subscription have different services allow that to utilizes the Bot effectively and maximize returns of their investment in the bot and also enhance their trading skills while making profit as fun. The wolfpackbot has it own native token called the wolfcoin which is built on the ethereum smart contract. For more details on how to buy the wolfcoin and update with regards to the wolfpackbot kindly visit any of the link below WOLFPACKBOT WEBSITE WHITEPAPER Bountyox username : myshawn.
Best Trading Plans Are Built Around Anticipation INTRODUCTION Practicing and following some strategies can earn you money through trading. It is quite easy to recognise an experienced or a professional trader by the way they trade. Wait patiently for a better trading opportunity even for weeks together is one of the virtues of a professional trader. Trading can be a form of gambling, so professional traders handle it with intelligence and some tricks. They make sure not to get addicted to the market by avoiding trading all the time. Gathering knowledge by carefully analysing the market instead of indulging in trader is what make them professionals. WHO IS A WINNING OR A LOSING TRADER The person who is addicted to trading is probably the one who losses the trade. Frequent trades are executed to overcome these recurring losses by the trader. A trader who is motivated by emotions rather than anticipation is heading towards addiction. On the contrary, a professional trader knows how to handle his emotions and trade sensibly. Whatever the market conditions are, the one who doesn't get carried away by emotions can only be a successful trader. Anticipation is an essential talent to mature as a skilful and professional trader. OUTLINES TO BUILD A TRADING PLAN BASED ON ANTICIPATION PREPARATION Prepare yourself for the trade without any doubts and with a clear mindset that will pay you off. Evaluate yourself and get to know where you lack. Be mentally prepared, set a perfect entry, form strategies, set your stop loss, set risk levels, set perfect exists. MAPPING THE CURRENT MARKET The one way of anticipating your trade would be advanced mapping. What precisely you are doing is getting a broader picture of the weekly trend well in advance. Performing daily and weekly charts analysis will help the trader understand the market situation in a better way. Most of the professional traders follow the same modus operandi thus it is recommended for all those you want to be successful traders. DISCOVER THE ENTRY POINTS TO MARK FOR Since an entry is more important than anything, review the charts that you have already recorded, each time you traded. Noticing the pattern will make it easy for you to pick a perfect trade entry. When you observe an entry triggers in an area that you have earlier mapped in the charts, you can rest assure to execute the trade without any doubts. RISK MANAGEMENT While trading a trader is risking his hard earned money, so it is necessary to dedicate significant time to analyse the risk involved and manage it efficiently. Assessing the risk involved, identifying it and managing or moulding the trading strategy a trader will be able to make appropriate decisions and execute the trade. Following other traders might not help all the time, self-belief and calculated risk management will mould you as a better and safe trader. CONCLUSION To become an anticipatory trader might not be easy can take several years to become one, but creating and following a routine will help. Practice the above stated “Methods to build a trading plan on anticipation” regularly and upgrade your trading skills in the market. Try our options trading platform which is one of the fastest, most reliable, and most secure trading platforms for currency options trading in the forex market.
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