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 on: April 16, 2018, 09:03:21 AM 
Started by olayinka - Last post by olayinka
Just this morning the 16th of April, 2018, the price of Bitcoin rose to $8,450 recording a huge buy volume across major cryptocurrency exchanges. As the first runner up performer of the day is Cardano which has risen by 11% and it is at $300 billion region.
Movement without Restrictions
Almost all cryptocurrencies have traded the path of bitcoin price amidst periods of extreme volatility. The most populous cryptocurrency in the market ended up as the best till date is Bitcoin thereby performing way better than other small market caps cryptocurrencies.
Investors now a days consider bitcoin as a harmless haven asset in global market which leads to high demands of bitcoin and bad performance altcoins. Note, Bitcoin has deepest market, highest liquidity and largest number of users.
The market is stable and recovering from independent movement and unwillingness of traders to match the price trend of bitcoin. Now, in the calls to start and acquire more small cap cryptocurrencies as well as Bitcoin and Ethereum investors and traders have become more ambitious.
Since January Bitcoin and Ethereum perform greater than small cap cryptocurrencies in the market. Allocation of investors and traders funds in assets that are highly volatile and risky when investors feel not sure about the future.
A day ago, the price of Cardano(ADA), rose by 12% against the USD and 13% against bitcoin. The price of South Korea's Ethereum called ICON(ICX) has put down great profit against USD and Bitcoin.
Trend of Bitcoin
A week ago, price of bitcoin skyrocketed to $8,000 coming from $6,900 within a 30 minute period of time. An unexpected rise in buy volume of Bitcoin occured. Within one week, the bitcoin price increased to $8,450.
Bitcoin is not oversold at the current rate this was proven by Two momentum oscillators( Williams Percent Range and the Relative Strength Index (RSI) ).
Bitcoin has recorded a minor drop over a day but traders are gong to recover from yesterday losses. Hopefully, Bitcoin will rise to $9,000 in the future.

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 on: April 16, 2018, 06:24:56 AM 
Started by olayinka - Last post by olayinka

At the Billionaire self-named Draper University in San Mateo, California He stated that Bitcoin price target will be $250,000 in 2022 He said this on April 12,2018.
Amazing, the venture capitalist correctly forecast Bitcoin to top $10,000 by the end of 2017 and Bitcoin rose to above $13,000 on December 31,2017 this made market observers not take his prediction as a joke considering the fact that he has a fairly good history for for-casting right.
Blockchain is Transformational
Draper says Blockchain is totally good and it will tremendously affect all sectors and many industries positively.
Draper has this strong confidence for blockchain and this confidence is known to many.
He told the San Mateo Daily Journal that Blockchain is part of the most transformational technologies in the world and it's deserves celebration.
In order to help entrepreneurs launch blockchain-based businesses the Rockefeller family has invested in CoinFund.
Making a long-term investment in Blockchain is what David Pakman, a partner in Venrock- the venture-capital arm of the Rockefeller family wants.
Lot of crypto traders in the market and cryptocurrency hedge funds looks a bit like venture capital, Pakman said.
How to get $600 piece of Bitcoin purchase 30,000 Bitcoin
Originating from a long family line of venture capitalist, Draper has succeeded with a MBA and undergraduate degree from Harvard and Stanford University respectively.
Belongings seized during criminal raids are frequently auctions off by the Justice Department. Four years ago(2014), Draper bought 30,000 bitcoins for $600 apiece(total  price paid: $18.5 million ) at an auction by a law-enforcement arm of the Department of Justice,U.S. Marshals Service.
A token of Bitcoin costs $8,000 as at now, The billionaire stake is worth about $240 million as now. For a four-year investment that is not bad.
The technology behind bitcoin is here to stay.
 Bitcoin, crypto and Blockchain has been included in classes in Draper's alma mater Stanford business school.

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 on: April 13, 2018, 07:58:34 AM 
Started by olayinka - Last post by olayinka
We see a great future of Bitcoin regardless of it's dip says Bitcoin large investors.
Still, retail investors foresee a great opportunity to enter the cryptocurrency market regardless of Bitcoin price decline since January.

Putting down 72% drop in value in the recent deadline from $19,000 to $6,000. Bitcoin has been updated since its 10 year history.
Bitcoin has the ability to recover from its losses in some years time, Each update of Bitcoin is similar to the previous, started by Tom Lee and Peter Thiel.
Across the Board  Lee explained that they could invest in the space after a 72 percent. Regarding the recent correction analyst agree that the cryptocurrency market will start to see new volumes coming in, from new investors.
In order to invest in the most dominant cryptocurrency in the market, recently the co-founder of Augur(the successful blockchain project), stated the investors in over-the-counter(OTC)  markets looking for multi-billion  dollar bids.
Allocating billion of new  dollar into the cryptocurrency market, leading to the increase of Bitcoin will cause lot of money in dollar not to have impact on the cryptocurrency exchange market.
Gardner stated " OTC market demands for large chunks of Bitcoins."

Bad Event occurrences
  Cboe and CME GROUP are Strictly regulated markets investors in the bitcoin market and they are expected in the  bitcoin and cryptocurrency to enter the cryptocurrency market by major financial instructions for example Goldman Sachs enter the nearest future stated by Jon Matonis, an  expert in cryptocurrency and co-founder of Bitcoin Foundation.
Matonis stated that Soon futures markets,  options markets, interest rate markets will be created around  Bitcoin. However, the index for Bitcoin interest rates is Bibor.
A corrective rally was began by bitcoin for a short period which led to short-term recovery, as at now bitcoin lacks speed, traders  expects bitcoin bottomprice in the $6,000 mark. However, retail investors  have placed large money on Bitcoin and other cryptocurrencies inn some Asian countries like Japan and South Korea.

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 on: April 13, 2018, 05:11:53 AM 
Started by olayinka - Last post by olayinka
Worst Season are over and the Future is bright and colorful  for Bitcoin Pantera says.
Now is the season for bitcoin to shine and glow, Pantera(a top cryptocurrency fund) says. It is going higher and higher.
In a letter written by Panteera Capital Management, a top cryptocurrency fund with $800 million-plus in assest under management.
In the words of Pantera's Dan Morhead and Joey Krug in the note, "I have not seen a  strong conviction on timing.I don't say want I did not see, but bitcoin will drive the market  much higher. "
Observing historical data, pantera has made a single recommendation in the past seven years in their note since when they first gained exposure to bitcoin in 2014.  Show casing long-term trend, bitcoin has breached its pivotal 200-day moving average at the latest call of a bottom.
Is Pantera saying the truth the it is time  for bitcoin investors to sparkle, the news  came after the bitcoin price had been unfavorable and unstable since a month ago.
Soon the bitcoin beast record price will be close $20,000. Bitcoin investors asks what bottom will be for 2018 bear market and pantera replied that the floor was $6,500.
Worst Seasons are over
Worst Season is over for bitcoin and this made Pantera happy, by which in 2017 generated profits of some 25,000% since the fund  began. Since March pantera has struggled with the bear market.
the volatility in the price of bitcoin that rocked the fund,“which was the worst in [their] model’s 27-month history,” as per Pantera’s Krug cited in last month’s investor letter.The value of its Digital Asset Fund was nearly halved last month when it lost 45.7% of its value.
Krug is no doubt breathing a sigh of relief as all of the crypto community can do now that this technically important level has been achieved.

Fast-forward to the last couple of months, the media has been in a frenzy. As an early Bitcoin enthusiast, this has been exciting, but admittedly also a quite sad experience. Everyone is talking about making a quick buck by investing, and even the smart people who understand the technology often throws around vague statements that blockchain will change the world but never really are able to say more than this.
It’s difficult to run from the fact: Bitcoin is pretty complex. Because most people rather want to be right and precise, they can’t make “easy to understand explanations”. I plan to do the opposite. Some details will be bent, but I will try to explain everything so it’s very understandable.
Let’s start with the white paper. In academia, new research is published in the form of a white paper. A white paper is basically a pretty short report that is very compact, often very difficult to read and full of formulas.

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 on: April 12, 2018, 08:45:48 AM 
Started by olayinka - Last post by olayinka

At the Onset
It's almost five years since J.R Willet launched his "Mastercoin" in July 2013 which was the first Initial coin offering in history. Since then, Mastercoin has generated close to $3.7 billion of dollars until the last month of the year 2017. Last year saw it rise in result with this platform. Later that time when the amount of VC transaction had decreased by almost 50%  close to 10,000 transactions in 2017.  Last year saw rose in result with this platform. Later that time when the amount of VC transaction has decreased by almost 50%  close to 10,000 transactions in 2017. The truth that the money invested in VC has not declined by the same amount, as clear as pure water that the traditional VC is now focusing on less but huge transactions. Implying that VC does not accomplish the early funding needs of start-ups which then have converted to ICOs in order to raise funds.

Comparing ICOs to crowrdfuding there exist some disadvantages. Some startups have not succeded in raising money less than a million USD with crowdfunding campaign and succeded in raising millions in the first day ICOs were used. for example-Kickstarter( a crowdfund that is succesful)-in eight years raised lot of money in dollars . we say Kickstarter is succesful but the same amount of money it used eight years to raise ICOs will raise in two years.
Why create an ICOs?
First, An ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today. ICOs provide a way for cryptocurrency project creators to raise money for their operations. Most ICOs raise money in Bitcoin or other cryptocurrencies. It is important to know that ICOs are esstential access to a liquid market. it makes digitizing/tokenizing any assets and trade it on a global market.

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 on: April 11, 2018, 07:28:57 AM 
Started by olayinka - Last post by olayinka
First quarter Goes Wrong For Bitcoin. Why Are Cryptocurrency Analysts Hopeful About The Second Quarter?

It has reportedly been bad times for cryptocurrency market. Ever since the beginning of the first quarter of 2018, the dip in bitcoin price has continued gotten any better.

However, a week has not gone by in the second quarter and the price of bitcoin still remains the same but cryptocurrency analysts are looking at the future of bitcoin with so much optimism. While there might be a lot of reason for this, if we are to follow the course of history, the second quarter of the year should hold more promise for bitcoin.

What actually led the first quarter to where it is now is the pressures mounted on cryptocurrencies by the system in a bit to crack down on digital currencies. But these pressures are beginning to wear off and regulators are holding off on clamping down on cryptocurrencies. But that's not all. Even weirder things are happening in the world of cryptocurrencies like the end of Chinese new year which can influence the second quarter very positively.

 Reason for the ugly season?
Bitcoin performed great when looking at of most coins drop from their all-time highs from December and January, Bitcoin is first and the best of the cryptocurrency in the market.
 $13,412.44 on Jan.1 to $7,266.07 on March 30 is how the price of bitcoin slopes down. Bitcoin drooped 50% in the first three months of 2018 in first quarter. At the end of the first quarter, $114.9 bln of market capitalization had been erased off.

Right placement
 The reasons are including the Chinese New Year which occurs in early February.Over the first quarter of the year in its seven years prior bitcoin has done poorly.
Bitcoin grew by 588% in three months, Bitcoin has had four negative starts to the year with 2018's 50 loss being the worst.

Why the slope?
for Bitcoin 2018 was foreseen to be interesting, and other  cryptocurrencies, considering 2017 price and mainstream adoption which was a historic one. In the last December Bitcoin reached its all-time high of $20,000 as the cryptocurrency market thrust itself into the mainstream.

Suddenly, Everyone talks about Bitcoin and people were investing in it in a wrong way such as with debt.
A control was set to be placed over this decentralized form of Finance which brought the interest of regulators and government who saw that this was like a fad.
How Bitcoin and other cryptocurrencies should be governed has been a slew of different rules, laws and recommendations from different countries .

 Growth and interest for investors were affected by the strictness of other regulators.

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 on: April 11, 2018, 07:13:50 AM 
Started by olayinka - Last post by olayinka
Regulation of South Korea Cryptocurrency Market
The form of South Korea cryptocurrency is not comparable. Out of the country population , two millon traders comprises the Largest markets for Bitcoin and Ethereum last summer. THe CEO of major crypto exchange Coinone, Cha Myunghun says speculative spirit has helped his company grow from 20 employee to 100 employee today. In Korea, Coinone has skyrocketed to the top three cryptocurrency exchange,  in monthly revenue last December reaching 23.4 billion and 643,000 users.
Speculation are not needed in making a healthy market. he said the investors are been educated about the technology and market. In time past, the channel of sending money abroad was not available. Cha appreciated how blockchain technology helps in sending money aborad cheaply while eliminating the middleman. Cha, a white-hat hacker and cybersecurity engineer, realized massive benefits and impart of cryptocurrency and blockchain after going through Bitcoin's white paper at about four years ago and give birth to Coinone in February 2014. Issusing statement and raising the bar for technological standardson the technological aspect of each coin it lists by Coinone has pulled in front of rival exchanges.
In Ethereum trade, Korea has became one of the top markets.  Regulations has implemented some security and identity verification requirements while banning all foreigners from trading with fiat on the exchanges. Cha said he was confident that despite comments, regulators would never go as far as banning cryptocurrency trade, the core service of his company. The government is always concerned with cryptocurrency. Against the global trends  is shut  down of exchanges, he says.
Cha syas drug trade or the transfer of large money abroad should be focused on by regulations. He sees ICOs problem and the spreading of the concept that the government will have to regulate. He says the system is still in a gray area, if the system is more instittutionalized, it will be easier to report problems. Cha and his colleagues in the industry believe the government has reacted harsly because regulators are not knowledgable about cryptocurrency.
Technology's popularity only picked up aftr Korea's crypto boom last year along side that not much innovation in korea's blockchain scene. In last than a year companies seem to rush their white papers as they target ICO's, Cha says.
this is part of the reason why Cha can not recruit. A workplace with passionate people about their job likewise cryptocurrency.

Cha says he want to create a culture for people to be happy and enjoy they work and he pays lot of attention to benefits at coinone, he said as the company grows, people will be brought in.
However, the regulators have been trying to balance bitcoin to fit into the financial regulation that currently exist. At a G20 meeting last month, task forces are working to submit proposals.

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 on: April 11, 2018, 06:57:16 AM 
Started by Rita Ojieh - Last post by Rita Ojieh

The world might have been overwhelmed with the advent of online advertising and marketing methods due to the fact that it is one of the fastest, reliable and effective means to reach out to a wide audience. Nevertheless, the word-of-mouth communication is still one of the best methods of effectively disseminating information. This is because most times, people who adopt this method of communication are relating from their experience which appeals to people most of the time. According to a research carried out in consumer psychology, consumers tend to pay more attention to advertisements that have emotional undertones and most times, word-of-mouth advertising almost always achieves this because it does a great deal at convincing consumers.

Why? IT is because it connects to customers at a more personal level.
Although, these methods might be really applicable when dealing with products and services so it might be a little different in the case of cryptocurrency ads and marketing because most people do not really know the basics about this concept.
As a result of the drop down of cryptocurrency social media ads, more effort has to be infused in widening their word-of-mouth marketing horizons. Although, this has been really effective amongst cryptocurrency traders and investors who consciously and subconsciously find themselves discussing about cryptocurrency, disseminating information about cryptocurrency, and making testimonials about it.
Nevertheless, there is a blockchain that serves as a platform by being a market that contains all professional information you can ever think of: conferences, books, seminars and a host of others. It goes a long way in helping the educational/informational and other professional sectors. Putting all these information on the blockchain makes it accessible to all and sundry. It is decentralized, therefore no regulatory body can decide to do a drop down of all the adverts and information situated on the blockchain. This is very innovative as it would be used as a means of disseminating important cryptocurrency information to the world at large without any hitch. Blockchains are really important places to reach out to a much wider audience and enhance audience participation about cryptocurrency investors and other prospective investors.

Also, telegram might be a wonderful platform for disseminating information that concerns cryptocurrency. Discussions and other interviews can be made and viewed on telegram.

What exactly is traditional marketing and what are its significance?
It is simply looking for efficient ways to market your products and make it available to its target audience through television, radio, print, word-of-mouth advertising, door-to-door advertising and the likes. Its advantages are that it enhances adequate exposure, gives you a wider audience and a broader audience participation.
Of a truth, cryptocurrencies are doing really well in marketing and advertising system despite various bans. Invariably, they would perform so well in traditional marketing which will be highly informative and relevant to the world of today.

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 on: April 11, 2018, 03:38:15 AM 
Started by Rita Ojieh - Last post by Rita Ojieh

It becomes a cliche when you try to continuously comment about rigging and other electoral related issues because it is expected. About 99% of elections can be said to have been manipulated. This is despicable because in the end, the sole purpose of the reasons behind having elections has been defeated. The sole purpose is TRANSPARENCY. But when elections are being rigged, where then does transparency set in?   It is to this regard that a platform called VoteWatcher surfaced.

Nick Spanos, a  co-founder of Zap, founder of Blockchain Technologies Corp which ushered in the Blockchain Apparatus, DAVE bitcoin ATM and lastly Votewatcher gave the world an opportuity to have  free and fair elections through the use of VoteWatcher which is a platform built upon blockchain technology.

VoteWatcher: What is its mission?
This platform is out to create an overhaul in the systematic ways elections are being run all around the world by using a technologically advanced mechanism which promises to be dependable and trustworthy. This will go a long way in reforming the electoral systems all around the globe. As to this effect, about 10,000 scanned ballots have been acquired and efforts are being put into covering the elections in Sierra Leone, Russia and Virginia.  This platform had already been tested at lower levels in the US and it was very efficient so plans are being made to take this platform to the next level by widening its horizons.How does this platform operate?   The ballot papers that will be used will still remain the normal ballot paper used by the government in question, but the processes would be quite meticulous so as to ensure clarity at each procedure of the electoral process using a hardware which runs codes openly.   Also, some customized ballot which have distinct codes are being used in order to avoid the repetition of an already used ballot. Afterwards, the paper ballot is scanned by a voting machine and then it is moved safely to the candidate in question through the blockchain.
Can VoteWatcher Be Used in All Countries?
According to its founder, it could be used anywhere as long as it is called for. He pointed out that the obscurity in elections have been a major problem and this platform will go at any length in tackling these problems all around the world.The use of this platform in developing continents like Africa would actually be a huge step because there is a dire need to pay particular attention to countries with budding democratic practices.

In a nutshell, this platform seems like a very effective one as it has its main aim as wiping out corrupt practices in the running of electoral systems all around the world.

 on: April 10, 2018, 05:31:14 AM 
Started by Rita Ojieh - Last post by Rita Ojieh

  Following the drop down of ads, questions as regards how information would be passed across to the audience was an infinity, since cryptocurrency was the "hot topic" on all media platforms. Fortunately, some higher institutions have deemed it fit to educate interested and inquisitive ones on the significance of digital currencies by introducing courses that relate to digital currencies and then admitting interested students to come and learn a great deal that might change the world for good.
Although, cryptocurrency teaching in schools have been going on for a while in some institutions but had not surfaced. Professor Dan Boneh, a professor in Computer Security in Stanford University had been teaching cryptocurrencies since 2015 and has taught so many students in that discipline. In his words, cryptocurrencies is an insight into teaching cryptography and this goes a long way because digital currencies hold high value which attracts so many people to  it. It was made known that one of the top applied and studied courses is "Security and Cryptography". Actually,  Stanford University is not the only institution that offers crypto-related courses, so many schools have embraced it quite recently.
Another example is the Australian tech-university RMIT which has shown interest in introducing "Blockchain Strategy" as a course which would be taken on a short-term basis. An institution in Pittsburgh has been teaching "Special Topics In Crytography'. The name of the school is Vipul Goyal. This course is pretty famous as it has aroused the interests of so many scholars in the academic field.

Other universities that have deemed it fit to introduce cryptocurrency activities into their curriculum include:

Massachusetts Institute of Technology offers an education on blockchain which is called the Digital Currency Initiative

University of California has a class called "cryptocurrency decal" which has been ongoing for quite some time.

University of Washington has a blockchain society where students and other people can make researches , share them and have an in-depth knowledge on digital currency.
These institutions give students the opportunity to choose and optimize their digital career and then gives them the adequate and substantial knowledge and information they need to keep their ambitions going.
    Why is this a positive growth?

These also goes a long way in igniting and arousing the attention and interest of prospective clients in the cryptocurrency world. This will give the digital world an impression  that they have come to make adjustments in the financial world.
In addition, this will encourage the  education of digital currencies to students at a much mire younger age which will go a long way in giving them an early exposure. Exposing a child to a concept at early age will trigger so much growth, and this is what these institutions are trying to instigate, so that the upcoming generation will not cease to change the financial world through diverse means.
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