In bull markets like cryptocurrency, savvy entrepreneurs and deceitful con men have adopted an array of creative approaches to create value for their projects. One such method that has recently been shown as very successful is the act of rebranding. If you weren’t involved in cryptocurrency at least two years ago, you’ll likely have no idea what DogecoinDark (DOGED) is. However, most everyone has at least heard of its current nomenclature, Verge (XVG). Verge is simply the rebranded version of DogecoinDark – same coin, same protocol, new name, new logo. In fact, despite what you may have heard, the realityPowered by WPeMatico
The number of existing and upcoming Bitcoin hard forks continues to grow at an alarming rate. In fact, it seems the next fork is always just around the corner. Bitcoin Private, for example, is one of those upcoming forks, but these tokens will not be issued to BTC holders. That in itself is a rather remarkable decision. Whether or not anyone will care about this fork remains to be determined, though. Bitcoin Private Uses ZClassic Technology It is evident that Bitcoin lacks privacy and anonymity traits. Although some government officials like to label Bitcoin as anonymous, it is anything but.
Make your Bitcoin (BTC) work for you For all you hard-core believers in Bitcoin (BTC) out there, I have a simple proposition. As you wait your turn for Bitcoin (BTC) to explode alongside 2018’s new, much higher, coin market-cap (sitting comfortably over $750 Billion as I write these words), there’s another way to make serious gains with crypto’s original (and best known) HODL. BitConnect is a tried-and-true way to make interest on your Bitcoin (BTC) capital. Quite simply, BitConnect is a lending service on the blockchain, exclusively utilizing your stashed Satoshi’s as principal. As most of us sat and watched the
It seems there will be a major influx of new Ethereum-based investment opportunities/semi-Ponzi schemes very soon. Following CryptoKitties and EtherTanks, we now have a new browser-based game called EtherRacing. All three concepts are virtually the same, although the gamification element is certainly a nice touch. Whether or not people will keep investing in projects like these remains to be determined, though. After all, people will quickly lose interest as more of these “opportunities” arise. EtherRacing Sells Virtual Racing Cars for Ether People who are familiar with the concept of CryptoKitties will immediately understand how EtherRacing works. The concept is very similar, as interested parties can purchase
Today, there are close to 1,500 active cryptocurrencies, and that number continues to grow each day. Ultimately, it is best to understand as many of them as possible. Of course, a good place from which to start researching is the very top. Here is a brief overview of what each of the top ten cryptocurrencies has to offer: Bitcoin (BTC) Created as a response to the global financial crisis in 2008, Bitcoin is the grandfather of cryptocurrency. Bitcoin was created as a method of transferring wealth and power from financial institutions and governments to individuals. Bitcoin seeks to provide this autonomy with a decentralized
Trading cryptocurrencies has always been a rather complicated matter. For those people who don’t care much for technical analysis, it’s an even steeper uphill climb. Additionally, some individuals prefer to copy other traders’ strategies and hope for the best. With CopyMe, emulating such strategies in real time should become a lot easier. Now is a good time to see what this platform has to offer. Can CopyMe Work for Novice Traders? In the world of cryptocurrency, there are a few unwritten rules people should take into account. The first rule is that everyone should do their own research and not rely on others to do so. Rule
Near the end of 2017, the cryptocurrency world was treated to a project known as CryptoKitties. Issuing unique virtual cats on the Ethereum blockchain proved to be a pretty interesting concept. Sadly, it also crippled the network for several days, but that was only to be expected. Ethertanks is a similar project with a slightly different approach, as it is more of a game than an investment. Ethertanks is the Next big Thing Although the Ethereum network is still recovering from the onslaught brought upon it by the CryptoKitties, people are already moving onto the next thing. It is evident that gamifying blockchain technology
Imagine that you had over US$100 million worth of Bitcoin rotting away in a landfill and there was nothing you could do about it. Welcome to the world of James Howells, a Welsh IT worker who threw away a hard drive containing Bitcoin he’d mined back in 2009. The Newport South Wales City Council has repeatedly denied his requests to commence digging operations in the trash heap for his treasure trove of digital gold. One Man’s Treasure Is Literally Trash “You know when you put something in the bin, and in your head, say to yourself ‘that’s a bad idea’?” James Howells rhetorically
Don’t get me wrong, Coinbase was a godsend when I first got into crypto, as it is for most fledgling investors. It’s painless to set up, it’s user-friendly, and it offers a variety of payment options. But between the 1.49% fee for bank transfers and its 3.99% fee for debit/credit card payments, you might be looking for an exchange with lower rates. Well, you’ve got some options, so why not explore them? Top Exchanges for Fiat Trading Pairs A few notes before we dive in: This list is not exhaustive, as it is based on the top 15 exchanges by
During a remarkable year for Bitcoin, and especially the past six months, many altcoins have seen an ever-dwindling BTC price. In response, many traders have shifted their focus to prioritizing dollar profits rather than Bitcoin. While it is much easier to be USD-profitable while Bitcoin surges, there are still a number of strategies traders employ to continue to accumulate BTC, even while most alts have struggled to keep up with Bitcoin’s massive surge. Here are five strategies that allow traders to continue to profit while altcoins are red across the board. Trading on small exchanges In past altcoin bear trends, those coins that are traded on