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Market Turns Green

June J, 2017

Market Turns Green The cryptocurrency market takes a turn to the green, led by Ethereum and Bitcoin. After two days of the so-called ‘crypto correction’ in the final days of June, the wider cryptocurrency market is seemingly back on a comeback trial as all top ten cryptocurrencies by market cap make gains over a 24-hour period. According to CoinMarketCap, all but two of the top 50 cryptocurrencies have taken a positive turn during Tuesday’s trading period. At press time, only…

Why Just Holding Cryptocurrency Will Change the World

June J, 2017

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Why Just Holding Cryptocurrency Will Change the World Cryptocurrency, digital assets run by blockchain distributed ledger technology, have some pretty revolutionary features and use cases. They can cheaply and permanently send wealth faster than anything else. They can cryptographically prove your identity. They can run self-executing smart contracts instead of relying on an enforcement mechanism when people don’t keep to their deals. But what if I told you that one of the most world-changing things about digital currencies is…

Cryptocurrencies Continue Recovery, Resume 2017’s Growth Trend

June J, 2017

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Cryptocurrencies Continue Recovery, Resume 2017’s Growth Trend Cryptocurrencies continued their recovery from last week’s massive price fallout, resuming the upward trend that has characterized 2017. All but 12 of the top 100 cryptocurrenices posted gains in the last 24-hour period. Market leaders bitcoin and Ethereum had the smallest gains the last 24-hour period, with the former adding 0.88 points and the latter 1.15 points and market caps of $45 billion and 31.7 billion, respectively. Bitcoin’s price reached $2,760.61, attempting…

Cryptocurrency: How We Hook the Masses

June J, 2017

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Cryptocurrency: How We Hook the Masses In this opinion piece, Svinkin argues that using cryptocurrencies for rewards schemes can demonstrate the value of the technology and ultimately help bring mass adoption. Before the hype and before the price explosions of the past year, I sat down and looked at cryptocurrencies from a UX perspective. That post, published on CoinDesk, offered a simple central premise: the entire bitcoin project was envisioned, designed, built and released as a peer-to-peer value exchange system.…

Bitcoin Will Make Lots of Millionaires Before âReturning Down to Earthâ: Economics Professor

June J, 2017

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ï¿¼ Bitcoin Will Make Lots of Millionaires Before “Returning Down to Earth”: Economics Professor Despite its price volatility, Bitcoin is likely to make more millionaires. Panos Mourdoukoutas, chair of the department of economics at LIU Post in New York City, whose works are published by Forbes and The New York Times, thinks Bitcoin is likely to turn more individuals into millionaires before its price dives again. Bitcoin recently reached an all-time high of $3,000 this June after a huge…

Teenage bitcoin millionaire can see the cryptocurrency’s value shooting as high as $1 million

June J, 2017

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Teenage bitcoin millionaire can see the cryptocurrency’s value shooting as high as $1 million If this teen entrepreneur, high-school dropout and bitcoin millionaire has any predictive powers at all, then we’ve hardly seen the top of the market for the hot cybercurrency. Meet Erik Finman, who started picking up bitcoin at $12 apiece back in May 2011, when he was just 12, riding a hot tip from hits brother Scott and a $1,000 gift from his grandmother, he told CNBC.…

How To Grow Bitcoin

June J, 2017

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How to grow Bitcoin Bitcoin is the leading chryptocurrency and is starting to change the way people use money and invest in the future. The coin is a limited resource which some compare to Gold and certainly at the moment it is holding its own value wise. Unlike traditional coins chryptocurrencies have many more decimal places which mean you can purchase sell or earn a bit of a coin, just like in ancient times where physical coins were cut…

Ethereum Tokens Are All the Rage. But What Are They Anyway

June J, 2017

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Ethereum Tokens Are All the Rage. But What Are They Anyway Ethereum wants to create an ecosystem where everything works together seamlessly as part of its vision for a 'world computer' – and that includes the tokens required to power it. Launched in 2014 by a band of coders and an upstart teenager, ethereum was designed to make it possible for anyone to code nearly any type of app and deploy that on a blockchain. Many of these decentralized apps…

Top 3 Reasons Not to Use an Exchange Wallet to Participate in a Cryptocurrency ICO

June J, 2017

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Top 3 Reasons Not to Use an Exchange Wallet to Participate in a Cryptocurrency ICO Even though cryptocurrency ICOs have been going on for quite some time now, a lot of basic questions continue to show up. It appears there is a lot of confusion as to why one should never send funds to an ICO from their exchange wallet directly. There are several good reasons as to why this should not be done, though, as we outline below. 3.…

Hedge Funds Are Quietly Investing in Bitcoin

June J, 2017

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Hedge Funds Are Quietly Investing in Bitcoin Bitcoin’s price has gained over 180 percent this year, while hedge funds have only returned 3.5 percent on average. Most hedge fund managers have stayed away from bitcoin. However, the few that have included it are significantly outperforming their peers. Average Hedge Funds Return 3.5% This Year Hedge fundsHedge Funds Are Quietly Investing in Bitcoin are investment funds whose clients are accredited or institutional investors. They are less regulated than mutual funds since…