Showing posts with label btc. Show all posts
Showing posts with label btc. Show all posts

Tuesday, December 04, 2018

What will happen to bitcoin in ten years?

What will happen to bitcoin in ten years?

What will happen to bitcoin in ten years?

It has been almost ten years since bitcoin appeared-the first block was generated on January 3, 2009, and the first transaction took place on January 12. Despite the fantastic UPS and downs, which bitcoin has experienced during this decade, it still remains the most famous and popular cryptocurrency with a market capitalization of more than $112 billion, occupying the first place in all ratings.

Will bitcoin be able to hold a leading position in ten years? Most of the crypto-enthusiasts are sure that it will be so.

However, there are skeptics whose arguments look convincing. So, Nigel green, founder and CEO of consulting company deVere Group, believes that the next ten years are unlikely to be a time of triumph of bitcoin.

It is quite obvious that bitcoin has changed our view of money forever. However, tectonic shifts in the global economy associated with both bitcoin and digital assets in General have not yet occurred. Nevertheless, it is already clear: neither governments, nor financial regulators, nor wall street, nor the banking sector as a whole can afford to ignore the crypto-currency industry.

But, being the cause and the basis of the upcoming revolutionary changes, bitcoin is likely to lose its leading position sooner or later.

One explanation is very simple — competition.

"I believe that the dominance of bitcoin will decrease dramatically in the second decade [of its existence], — said Nigel green. — This is due to the massive development of the industry: more and more different digital assets will be launched in both the private and public sector. This will increase competition and reduce bitcoin's market share."

In his opinion, the total market capitalization of digital assets over the next ten years will grow by 5000% and will amount to $20 trillion.

The main competitors of bitcoin will be Ethereum and Ripple (XRP), suggests Nigel green.

"I think that XRP will become one of the main digital assets, which will lead to a reduction in the market share of bitcoin in the next few years due to its obvious focus on integration with banks and other financial institutions," he says.

Another contender for the first place is ether: Ethereum blockchain is more often than other solutions used by developers of decentralized applications, and crypto currency as a means of payment is used by almost all ICO projects.

In our opinion, not everything is so simple. The authoritative American economist, Professor of Economics at new York University, Nouriel Rubini, for an unknown reason, so disliked Ethereum and its creators that he once even said that "75% of applications [based on the Ethereum blockchain] are crypto-kittens, fraudulent Ponzi schemes and casino games". Of course, this is a strong exaggeration. But the fact that the Ethereum network now has serious problems with scaling, almost no one denies, including Vitalik Buterin. So the future of ether largely depends on how the development team will be able to cope with them.

The situation with Ripple is even more controversial. Despite the fact that banks have been actively testing the Ripple solution for a long time, which allows to reduce the speed of cross-border transfers from a few days to a few minutes, and three weeks ago the company announced the commercial launch of xRapid, Ripple's technological successes are not always positively correlated with the cost of the XRP token. Add continuing until the SEC USA reflections on the theme: "to Count or not tokens XRP securities?". In addition, (someone will think this is a conspiracy version) is not necessarily in the banking sector happy to perceive the success of Ripple-otherwise we would see a widespread refusal to use the interbank system of information transfer and making payments SWIFT, the logic of which has not changed dramatically since the 70 — ies of the last century.

Why isn't this happening? And who can definitely say that somewhere in the bowels of wall street or the R3 consortium is not currently developing a technology like xRapid? The banking community is known to love not only money, but also (perhaps even more) the impact on the economy and the power that money guarantees.

In short, the probability that bitcoin will give way to the palm in one way or another, in our opinion, is very high. But who will take his place? Even with the current problems of Ethereum and Ripple, it could be them. Equally, the first place can take stablecoin issued by the us Federal reserve Or other Central Bank-why not? Or Alcon that maybe haven't even created a private company, anything is possible.

But hardly anyone knows the exact answer. However, bitcoin will surely celebrate its twenty-year anniversary.

Bitcoin's 'death spiral'

Bitcoin's 'death spiral'

Bitcoin's 'death spiral'

The fall of Bitcoin below the cost of production may delay investors and miners in the "spiral of death", according to Finance Professor Atulia sarin. A teacher of the Department of Finance of the University of Santa Clara is sure that the cost of cryptocurrency will fall to zero, ruining everyone who invest in this market.

The main reason for the fall is the lack of the concept of traditional value in Bitcoin, unlike any other asset, the digital currency is a set of numbers distributed among users ' computers.

Oil, gold, shares of enterprises, any other financial and banking instruments have a clearly defined value and value. If, for any reason, the cost of produced or produced goods is higher than the current rate – this will not lead to a drop in their value, even with a complete stop of production.

Cryptocurrency can not exist without mining, as it supports transactions and ensures the security of the network. If this process is stopped – Bitcoin will cease to exist, so miners are drawn into the spiral of death – the process of mining to the complete ruin of the business.

Proof of the decline of the mining industry is the fall in the complexity of the pow mining algorithm, which automatically adapts to the current load. After another recalculation, it collapsed by 15% – the second largest drop in the history of the crypto currency. The previous decline occurred in 2011, when the network was just beginning its development.

According to the observations of Atulia sarin Bitcoin miners independently drive themselves into the spiral of death:
• Selling futures to hedge the cost to ensure the sale of mined Bitcoin in the future
* Giving away almost free old models of ASIC equipment
Judging by the hashrate schedule, which indirectly indicates the number of operating mining facilities, the death spiral "killed" about 50% of the capacity of mining mines.

Atulia sarin advises not to wait for the arrival of institutional investors-none of them will invest in "technology", which can not really be estimated. Therefore, the market will be at the mercy of speculators, who can "drop" the rate of cryptocurrencies to zero values for the sake of profit by trading with a shoulder.

Monday, October 15, 2018

Manipulation on major exchanges: Coinbase even overstates the volume of trading

Manipulation on major exchanges: Coinbase even overstates the volume of trading

Manipulation on major exchanges: Coinbase even overstates the volume of trading

The report of the Prosecutor of the state of new York (OAG) "Initiative to ensure the cleanliness of virtual markets" says that several platforms have resorted to artificial increase in trading volume, including Coinbase. On these exchanges there were discrepancies with the actual volumes.

This is a phenomenon of own trading, when the company for its own benefit conducts transactions instead of trading on behalf of its customers for a Commission. Own trading not only provides income, but also serves as a factor in increasing liquidity, For example, the chance to execute a client's order is higher if real buyers or sellers do not place offers. The OAG document says: "Such activities [.....] requires increased customer protection and transparency of transactions to comply with the law."

The problem is that the user can suddenly lose liquidity and generally have a false idea about trading volumes.

The entire text of the investigation is presented in an official document.


The new York city Prosecutor's office has checked 13 exchanges, including such large sites as Coinbase and Bitfinex. As a result, five exchanges are seen in unfair trades on their platforms. The volume of trading activity does not correspond to the actual indicators. At Coinbase it is 20% of the wound orders at the expense of transactions on own platform. Some exchanges, such as Kraken, did not participate in the investigation and publicly announced it. OAG States that half of the audited exchanges admitted in an artificial increase in trading volume.

The investigation also considers other factors: service availability via VPN, Fiat pairs, verification.

Another message from Satoshi Nakamoto

What's in Satoshi Nakamoto's new message?

What's in Satoshi Nakamoto's new message?

Members of the crypto community are already aware that in the hash of the first block, the father of bitcoin placed the following lines "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". Now it turned out that a similar text is duplicated. It contains his version of hex, placed in the code comments.

Each BTC block contains its own coinbase transaction. It is added by cryptocurrency miners when they start to mine the block. It is intended to receive a reward for the extracted block.

The developer has included a second version of the famous headline from the Times in the coinbase transaction in the Genesis block, but it must be read from right to left.

"Sknab rof tuoliab dnoces fo knirb no rollecnahC 9002 / naJ / 30 semiT ehT", — said in the Easter egg.

This summer, the site Satoshi Nakamoto there was a record from an anonymous author. He claimed that he was involved in the creation of bitcoin, and promised to publish a book in the near future, which will reveal all the secrets associated with the emergence of BTC.

Unknown presented " an excerpt of the literary work, consisting of two parts." According to him, the book will be a "short story, which will raise the most common questions and answers."

"I want to give publicity to some facts and names," said anonymous.

Curiously, the author offered readers a cryptogram, deciphering, which will be possible to find out the name of the future work. And, it seems, the work will be called "Honne and tata(e)mae", which in Japanese means "the contrast between the true intentions of man and the external manifestations of these intentions."

The book will feature well-known cryptographers and cipher banks. The author will share information about the fact that the Genesis block of bitcoin, in fact, is not the first block in the blockchain.

Sunday, October 14, 2018

Die 11 besten Dokumentarfilme über Bitcoin

Die 11 besten Dokumentarfilme über Bitcoin

Die 11 besten Dokumentarfilme über Bitcoin

Was ist Bitcoin? Warum braucht er ihn? Wer sind seine Schöpfer? Wie wird es das traditionelle Finanzsystem beeinflussen? Was erwartet die kryptowährung in der Zukunft? Diese Filme werden viele Ihrer Fragen über die Welt der kryptowährung beantworten.

Seit dem Aufkommen von Bitcoin im Jahr 2009 wächst das Interesse daran ständig. Bis heute ist die Kapitalisierung des kryptorynks fast 220 Milliarden Dollar.

Dank Bitcoin wurden die Menschen Millionäre. Aufgrund der Leidenschaft um die kryptowährung nutzten viele Produzenten und dokumentalisten die Gelegenheit und beschlossen, über die vor - /Nachteile dieser Technologie und Ihren Beitrag zur digitalen Revolution zu sprechen. Hier sind die 11 besten Filme über Bitcoin (zuerst ins russische übersetzt).

1. Banking on Bitcoin ("Rate auf Bitcoin»)

Dieser Film ist sehr ähnlich zu the Rise and Rise of Bitcoin (»Aufstieg und Aufstieg von Bitcoin"). Er stellt die Zuschauer mit den ersten Enthusiasten der neuen Technologie vor und betrachtet Ihre Höhen und tiefen. Während des Films versuchen die Autoren, die Frage zu beantworten: ist das Gleichgewicht zwischen Regulierung und Innovation möglich? Der Film diskutiert verschiedene Fragen im Zusammenhang mit Bitcoin und spricht über den Beitrag der Pioniere der Technologie zur Bildung von blockchain. Es wird für diejenigen empfohlen, die sich für das Problem der Regulierung und Innovation in CRYPTO-Mining interessieren.

2. Bitcoin: the End of Money As We Know It ("Bitcoin: Das Ende des üblichen Geldes für uns»)

Da blockchain weitgehend ein Rätsel für ein breites Publikum bleibt, ist der Zweck der meisten Dokumentarfilme eine Erzählung über diese erstaunliche Technologie. In diesem Sinne unterscheidet sich dieser Film nicht von anderen. Es erzählt, wie Bitcoin sich von den anderen Währungen unterscheidet und warum er die Köpfe vieler Menschen eroberte. Sein Dezentrales und glaubwürdiges Gerät revolutionierte den Finanzsektor. Bitcoin hat traditionelle Bank-und Finanzsysteme herausgefordert. Der name des Films ist mit diesem Prozess verbunden. Der Regisseur versucht zu zeigen, wie stark die neue kryptowährung beeinflusst und beeinflusst die traditionellen und uns üblichen Finanzsysteme.

3. The Rise And Rise of Bitcoin ("Aufstieg und Aufstieg von Bitcoin»)

In der Welt gibt es Menschen, die eng mit Bitcoin verbunden sind, die es aktiv kaufen und anwenden. Sie alle werden Ihnen sagen, dass die Entwicklung der kryptowährung mit einer Achterbahnfahrt verglichen werden kann. Die monumentalen Erfolge folgten vernichtenden Dips. Die Reise war völlig unberechenbar, mit unerwarteten Wendungen der Handlung. Der Regisseur versuchte, all dies der öffentlichkeit zu zeigen, daher der name. "Aufstieg und Aufstieg von Bitcoin" ist ein Film, der über die Geschichte von Bitcoin erzählt. Es deckt alle damit verbundenen Ereignisse ab, die jemals in die Schlagzeilen der Medien gekommen sind.

4. Bitcoin Gospel ("Bitcoin Gospel»)

Haben Sie sich für das Gerät Bitcoin interessiert? Wie kann es für Zahlungen verwendet werden? Dieser Niederländische Film sollte eine umfassende Antwort auf diese Fragen geben. Es beginnt mit der Leistung von Bitcoin-Engel Roger Vera. Er erklärt, wie die kryptowährung funktioniert. In der Tat ist der Film dem Leben des Glaubens gewidmet. Es beschreibt, wie es Bitcoin fördert, sowie Bitcoin Mining in China. Darüber hinaus haben die Autoren Informationen über andere bekannte Bitcoin-Enthusiasten wie Andreas Antonopoulos in das Bild aufgenommen. Also dieser Film ist für diejenigen, die besser über das Leben der Bitcoin-Evangelisten lernen möchten.

5. The Bitcoin Story ("Geschichte über Bitcoin»)

Die Handlung dieses Films entwickelt sich schnell. Es enthält alle Geheimnisse, die mit dem auftreten von Bitcoin verbunden sind, und erzählt auch über die Grundlagen der Technologie, des politischen Hintergrunds und der Fähigkeit von Bitcoin, den Finanzsektor zu transformieren. Darüber hinaus haben Regisseure in das Bild der Meinung von Risikokapitalgebern über kryptowährungen aufgenommen.

6. History of Bitcoin ("Geschichte von Bitcoin»)

Der Film erzählt über die Geschichte der Schaffung einer einzigartigen Technologie, präsentiert Varianten seiner Anwendung, und verfolgt die Entwicklung von Bitcoin von der Gründung bis heute.

7. Magic Money « " Magisches Geld»)

Dieser Film wurde geschaffen, um einige der populären Fragen über Bitcoin zu beantworten. Es beschreibt, was eine kryptowährung ist und was Ihre Auswirkungen auf die Gesellschaft ist, beschreibt die Bildung des ersten wirklich globalen digitalen Zahlungsmittels. Bitcoin wird nicht von modernen Finanzinstituten kontrolliert, sondern von Menschen, die es verwenden. Das Bild beschreibt den Ursprung der kryptowährung und Ihr Gerät; es wird untersucht, ob es wirklich ein Schritt nach vorn für die Gesellschaft ist. Die Autoren untersuchen im Detail den mysteriösen Ursprung von Bitcoin und versuchen, seine Zukunft zu präsentieren.

8. The Bitcoin Experiment ("Experiment" Bitcoin′′)

Dieser Film kam im Jahr 2016 heraus und stellt ein Soziales Experiment zur Legitimität der digitalen Währung dar. Die Autoren gingen nach Skandinavien, um zu sehen, ob Sie bereit für Bitcoin ist. Der Film wurde Ihr eigenartiges Tagebuch. Die betrachteten the Bitcoin Experiment weisen darauf hin, dass dies eine ausgezeichnete Einführung ist

Bitcoin. Es zeigt, wie die digitale Währung dem gewöhnlichen Menschen die Freiheit von bestehenden Finanzstrukturen bietet und über die Vorteile dieser revolutionären Technologie spricht.

9. Life on Bitcoin ("Leben mit Bitcoin»)

Bitcoin wird seit seiner Entstehung kritisiert. Einige argumentieren, dass es unmöglich ist, zu Leben, indem Sie alles kaufen, was Sie nur für die kryptowährung benötigen, und Sie vollständig durch Kreditkarten und Bargeld ersetzen. Um das Gegenteil zu beweisen, entschied sich ein familienpaar für ein ungewöhnliches Experiment. Innerhalb von 100 Tagen mussten Sie Leben und nur die kryptowährung bezahlen. Der Film beschreibt Ihr faszinierendes Abenteuer. Die hauptintrige ist, dass Sie das Experiment sofort nach der Hochzeit begonnen haben. Das Bild zeigte deutlich, wie selten die kryptowährung außerhalb der großen Städte vorkommt und wie schwer es war, Verkäufer davon zu überzeugen, Bitcoins als Zahlung zu akzeptieren.

10. Bitcoin Heist ("Entführung von Bitcoins»)

Die Handlung dieses Kämpfers ist auf Bitcoin und Hackern verbunden, die den Stich der modernen kryptowährungswelt nennen. Agent Interpol versucht, den legendären Cyberkriminellen namens Ghost zu fangen, indem er ein Team aus kryptowährungen zusammenfasst. Bald entdeckt der Agent, dass Sie das Konzept wie Ehre nicht kennen.

11. Bitcoin Rebellion-the Beginning ("Bitcoin-Aufstand: Anfang»)

In diesem Bild wird Bitcoin als die sechste größte Innovation in der Geschichte des Geldes bezeichnet. Niemand kontrolliert ihn und niemand besitzt ihn. Der Film wurde im Rahmen des Programms Partnerschaft und Innovation der Singularity University (Singularity University) gedreht.

Saturday, October 13, 2018

10 facts about the blockchain, you don't want to believe

10 facts about the blockchain, you don't want to believe

10 facts about the blockchain, you don't want to believe

Despite the fact that everyone is talking about the blockchain, many have the wrong idea about the possibilities and purpose of this technology.

Even in 2017, the excitement around the blockchain was just huge. People believed that this technology would affect all sectors of the economy, change the face of our planet and simultaneously bring millions to investors in ICO.

All this hype has led some to believe in completely crazy ideas about the blockchain and its capabilities. Many people have the wrong idea about the potential of this technology — they consider it something that it is not really.

Blockchain is just a database with some distinctive features. It allows multiple users to record and share information in real time, with the parties not having to trust each other as the correctness of the records is controlled by the participants receiving the reward in the form of tokens/coins. These features are very specific and really useful only in certain circumstances.

For example, they are perfect for cryptocurrencies like bitcoin — its blockchain allows you to send money to anyone in the world with minimal costs without the need for a Bank or other intermediary.

However, block chains are not really suitable for storing all types of data and certainly should not be used to solve far-fetched problems.

Today we will talk about 10 common myths about the blockchain and its applications (like bitcoin) both from haters and from ardent enthusiasts.

1. Bitcoin isn't the biggest Scam in history, it's not rat poison, and it's not dead

In 2017, against the cryptocurrency were some well-known financiers, including Warren Buffett, Charlie Munger and the head of JP Morgan Jamie Dimon.

Yes, blockchain and bitcoin based on it — like any new revolutionary technology-have their drawbacks. The proof-of-work consensus mechanism consumes huge amounts of electricity; cryptocurrency is actively used for speculation and illegal activities.

But to say that this technology is going to fail is like saying in 1995 that the Internet will not work because it is clumsy and unorganized.

Bitcoin lives and lives for 10 years, although he has repeatedly predicted the death. At first glance it may not seem credible, but says Navale Ravikant:

"Bitcoin is a tool for liberating humanity from oligarchs and tyrants, served as a scheme of rapid enrichment."

Concentrating on the shortcomings of this technology and calling bitcoin a Scam, we completely forget about its advantages and potential.

2. Blockchain will not increase the value of your company's shares

Kodak, Long Island Iced Tea and on-line Plc are excellent examples of using the hype around the blockchain to raise the value of shares. At the same time, none of the companies has anything to do with technology.

3. The blockchain is not a pyramid scheme

Although the financial pyramid on the basis of this technology meet. For example, PonziCoin is a typical Ponzi scheme (and don't mention Bitconnect).

4. Cryptocurrencies are not just for scammers

There have been many cases where investors and companies have suffered from break-ins and scams. This is a big problem for the industry, but not a sentence. It is anonymity-one of the main advantages of the blockchain — that allows hackers and scammers to go unpunished. But this is an unpleasant side effect of the technology, not its task.

Terrorist groups like ISIS (banned in Russia) are looking for recruits on social networks, but this does not mean that we should abandon Facebook and Twitter.

Pablo Escobar was so rich that he burned American dollars to warm his daughter. The entire drug industry is held solely on cash. Does that make them bad?

5. Blockchain is not intended for fundraising

The fact that some unknown company attracted millions of dollars during the ICO does not mean that its behavior should be copied.

The purpose of the ICO is not only to raise funds, but also to distribute tokens between potential users of the project. Ultimately, they must perform a function. If the startup has nothing to do with the blockchain, then the need for tokens disappears. They should not be used for banal fundraising.

6. Blockchain will not change your business

If the company does not have a real need for the advantages that the blockchain can offer, it is better not to communicate with it and store data in the old way.

7. Blockchain will not change absolutely all industries

Heard the phrase"it's like Uber for (a certain industry)"? It's funny, but it even penetrated the blockchain ecosystem. Some companies are literally trying to create Uber on the blockchain.

A small problem with this venture is that not every industry needs blockchain. Let's say you don't like Uber's attitude towards employees, and instead of switching to Lyft, you're inventing a blockchain solution?

"Decentralized, peer — to-peer taxi service" sounds really cool. But this idea completely ignores all the shortcomings of the blockchain.

By definition, there is no Central authority managing the public blockchain. Who will make decisions in such a company? How about dispute resolution? Once the data has been loaded into the block chain and validated, it cannot be changed. Paid for a trip you didn't take? The driver behaved disgustingly and it needs to be reported? Alas, you are not lucky, because there is no one to complain.

What about development? How will a distributed company without executives compete with one of the richest startups in history with a well-established market share?

Even if a decentralized Uber can overcome all the problems and create a working service, how much better will it be? Uber and other similar centralized apps are already working quite well. The alternative will probably fail to exceed them.

The potential benefits of moving many existing industries to blockchain are not high enough for users to decide to change their habits.

8. The blockchain is not intended for sacrifices of Cthulhu

We will just leave this link here and not go into details.

9. Blockchain is not a platform for memes

10 facts about the blockchain, you don't want to believe
Dogecoin is the most famous cryptocurrency-meme. It was created on the bitcoin code base in 2013 as a joke, but this did not prevent its capitalization from growing to $ 2 billion last year.

10. Blockchain is not useless

Unless, of course, a token based on it was created intentionally.

So what is blockchain?

We have listed all the cases for which the blockchain is not suitable. Now it is time to talk about the scope of its potential application. The blockchain will fit perfectly into the project that needs:

  • Distributed and immutable database;
  • Supports multi-user recording;
  • Does not require trust between the parties;
  • Able to eliminate unnecessary intermediaries;
  • Able to provide consensus and verification.
  • Money fits perfectly into this category. Cryptocurrencies such as bitcoin meet the above criteria and are perfectly compatible with the blockchain.

Unfortunately, at the present time there are not so many other areas that are suitable for mass application of the blockchain. This does not mean that they will never be — we just have not found them yet.

Summing up, we can say that blockchain is a useful technology, but it is not a Savior of business, economy or humanity. We all need to know the true potential of this technology and understand what it can actually achieve.

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

What fate awaits the current market leaders, if only two of the top 10 cryptocurrencies of 2013 could remain in the list?

Since its birth in 2009, bitcoin has dominated over other cryptocurrencies. Over the years, his example has led to the emergence of numerous altcoins, whose trends, value and value were determined by the dynamics of the oldest and most famous cryptocurrency.

May 26, 2013 on the website CointMarketCap was only 15 cryptocurrencies. Their total capitalization slightly exceeded $ 1.5 billion.

Forbes magazine called 2013 the "year of bitcoin". In that year, the cryptocurrency won the hearts of many investors, hit the headlines and was ahead of the price of gold, reaching a price of $1,242 per coin.

The interest in bitcoin has jumped. Thematic conferences, forums and seminars have started to be held. Some considered cryptocurrency a Scam, others-a promising and attractive project. The truth is that both positions were surprisingly convincing. And-due to the high volatility of the crypto currency in the following years, the attitude towards it was constantly changing.

Here's what the top 10 cryptocurrencies looked like in 2013 — and in what condition they are today.

1. Bitcoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
On January 3, 2009, Satoshi Nakamoto received the first 50 bitcoins (Bitcoin) for generating the Genesis block. In subsequent years, his brainchild has experienced many UPS and downs and is still famous for its extreme volatility, high risk and resistance to interference of the authorities and financial regulators.

In 2013, the total value of bitcoin was $ 1.477 billion, and it still remains the largest cryptocurrency with a capitalization of $ 114 billion.

2. Litecoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Peer-to-peer cryptocurrency is open source, allowing instant payments to any country in the world. Litecoin was founded on October 7, 2011 by former Google employee Charlie Lee. Surprisingly, just 24 hours after the start of trading, the value of the cryptocurrency soared twice. In November 2013, its market capitalization has reached $ 1 billion. However, then the second place in the list was taken by another project, Ethereum.

Currently, the capitalization of litecoin (LTC/USD) is 3.4 billion dollars; it is on the seventh position in the list of the largest cryptocurrencies.

3. Namecoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Namecoin is another cryptocurrency based on the Proof-of-Work consensus algorithm. It is distinguished by separate data storage in the blockchain. Namecoin appeared on April 18, 2011 after a preliminary discussion at the Bitcointalk forum, which started in December 2010. In may 2013, the total cost of Namecoin was 5.3 million dollars.

Currently, the cryptocurrency, is situated on 126-e a place in the list with a market capitalization of 36,455 million dollars. Its third place in the ranking is now for Ripple (XRP/USD) with a capitalization of 19 billion.

4. Peercoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Peercoin uses Proof-of-Work and Proof-of-Stake algorithms. In 2013, the cryptocurrency was on the fourth place in the list of the largest. Peercoin was developed as the most secure and secure digital currency. For its storage, a reward of 1% per year was supposed, while Peercoin could also be mined with the help of mining.

Today, the fourth place in the ranking is Bitcoin Cash (Bitcoin.Cash). It appeared in August 2017 as a result of bitcoin fork and was designed to speed up and facilitate transactions. Peercoin moved to the 190th line.

5. Novacoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Novacoin introduced some unique features of the generating units that have separated target limits. The author of the crypto currency is a Balthazar, in 2013 its total cost was 1,198 million dollars. Today, the project is almost dead (at CointMarketCap it ranks 366th), and some signs indicate that it is a fraudulent project.

Today, the fifth place in the ranking of cryptocurrencies is EOS (EOS/USD), launched in June 2018 after an ICO lasting 12 months.

6. Terracoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Unlike bitcoin, the blockchain Terracoin in 2012 provided increased security and speed of transactions. In may 2013, the total value of the cryptocurrency was $ 0.919 million. In July of the same year, it was hacked and the reputation of Terracoin was destroyed. Hackers managed to increase the speed of network hashing and put it under control.

Today, Terracoin is on the CointMarketCap 730th place, and the sixth position in the list of the largest cryptocurrencies from Stellar with a capitalization of 4.6 billion dollars.

7. Devcoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Devcoin was introduced in 2011. This project tried to create a cohesive community of developers, programmers, musicians, writers and filmmakers.

In 2013, its capitalization grew to $ 0.9 million, along with popularity. Then the project began to fade away until finally died. Currently, the seventh place in the list is litecoin, five years ago, the former second.

8. Freicoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Freicoin developers followed in Satoshi Nakamoto's footsteps and created a cryptocurrency based on the Proof-of-Work algorithm. The project was distinguished by the original model of mandatory redistribution of coins on the network.

In 2013, its capitalization was 0.669 million dollars; in 2018, it shows no signs of activity. Its eighth position is now occupied by a stable cryptocurrency Tether with a capitalization of 2.6 billion.

9. Feathercoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Feathercoin was conceived as an improved version of bitcoin based on litecoin and using a similar decentralized blockchain. Four months after its introduction, the total value of Feathercoin reached $ 0.658 million. Currently, the project does not feel too good, occupying the 370th line with a capitalization of 8,798 million dollars.

Its place in the list is now taken by Cardano, a cryptocurrency seeking to rid the industry of problems with scalability, stability and compatibility of blockchains. Its market capitalization is $ 2.2 billion.

10. CHNCoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
As Feathercoin, CHNcoin based on lateline. In may 2013, CHNcoin closed the list of the ten largest cryptocurrencies with a capitalization of 0.367 million dollars. The project is long dead. Today, 10th place goes to Monero (XMR/USD) — another open source cryptocurrency. At the moment, the total cost of Monero is 1.8 billion.

In 2013, the cryptocurrency of the list of the top 10 were of great interest, however, only two managed to stay in it in 2018. Digital currencies suffer from FUD (fear, uncertainty and doubt) and FOMO (fear of missing out on your chance). FUD has a strong negative impact on projects, spreading rapidly through forums and social networks.

The future of cryptocurrencies depends on regulation in different countries. We will have to be patient to find out which cryptocurrencies will be among the winners and achieve mass recognition.

Pampa auf Yobit endete. Die Börse wählte PutinCoin

Pampa auf Yobit endete. Die Börse wählte PutinCoin

Pampa auf Yobit endete. Die Börse wählte PutinCoin

Wer will nicht schnell und einfach Geld verdienen? Sie hatten die Gelegenheit, genug an der Pampa an der Börse Yobit teilzunehmen (darüber haben wir auf dem Kanal geschrieben). Und obwohl die offizielle Windel einer zufälligen Münze Wut und Verurteilung in der kryptokomunition verursacht hat, konnte jemand immer noch gut aufsteigen.

Diesmal Börse wählte Münze PutinCoin. Es ist In der coinmarketcap-Rangliste, wo es 1083 Platz mit einer Marktkapitalisierung von 161 tausend Dollar einnimmt. Wir werden bemerken, dass der Präsident der Russischen Föderation nichts mit der kryptowährung zu tun hat.

Pump it!

Die Geschichte stammt aus dem 11. Oktober. An diesem Tag erschien auf dem offiziellen Twitter-Account Yobit Informationen über die bevorstehende Pampa zufallsmünze an der Börse. Viele nahmen die Nachricht als Witz auf, aber die Vertreter des tauschers hatten ziemlich ernste Absichten.

Das» Opfer " der Pampa war die PUT-Münze (PutinCoin). Während 10 Minuten kaufte die Börse eine bestimmte Anzahl von Münzen im Wert von 1 BTC. In dieser Zeit wurde 10 BTC für den Windeln ausgegeben. Das Ergebnis-PutinCoin stieg um 1400 Prozent (von 118 auf 1768 Satoshi). Darüber hinaus sind die Handelsvolumina der kryptowährung in nur 40 Minuten auf 130 BTC gestiegen.

Alles, was scharf nach oben zieht, sollte genauso dramatisch fallen. Es scheint das Grundgesetz der kryptoindustrie zu sein. Nachdem Yobit aufgehört aufzukaufen PutinCoin, Kurs Münzen entlud sich in nur wenigen Minuten.

Abbildung Quelle-Bitcoinist

Wie auch immer, Yobit schaffte Es, die Marke von 28 Millionen US-Dollar an Handelsvolumina zu überwinden. Höchstwahrscheinlich verwendet der Tauscher nicht mehr zum ersten mal solche Taktiken. Früher wurde das Management der Börse wegen versteckter Windeln von Münzen angeklagt. Laut einer unabhängigen Studie ist Yobit der bevorzugte Ort für altcoins-Machenschaften. Vielleicht wird die Börse in Zukunft weiterhin» offiziell " zufällige kryptowährungen kaufen.

Der Kurs von Ethereum und Ripple stieg in 5 Minuten um 10%, der Markt erholt sich?

Der Kurs von Ethereum und Ripple stieg in 5 Minuten um 10%, der Markt erholt sich?

Der Kurs von Ethereum und Ripple stieg in 5 Minuten um 10%, der Markt erholt sich?

Die Preise für Ethereum (ETH) und Ripple (XRP) sind in den letzten fünf Minuten um mehr als 10 Prozent gestiegen, trotz des Mangels an Dynamik seitens der größten kryptowährung der Welt — Bitcoin. Das Wachstum des Kurses von XRP und ETH wurde ungefähr zur gleichen Zeit auf Bitfinex initiiert, was andere große digitale devisenbörsen beeinflusst.

Mögliche Wachstumsfaktoren für XRP

Früher heute haben wir berichtet, dass xRapid, ein System, das das XRP-Token für schnelle und sichere grenzüberschreitende Zahlungen verwendet, in Kürze gestartet wird.

Kurzfristige Aufregung um Ripple schwingt auch mit falscher Erwartung auf eine potenzielle Auflistung auf Coinbase Anfang 2018. Keine glaubwürdigen Quellen oder geschätzten Daten auf dem kryptowährungsmarkt haben große Partnerschaften oder Ereignisse für Ripple gemeldet, was darauf hindeutet, dass die XRP-Bewegung ausschließlich vom Markt initiiert wurde.

Verdächtige Volatilität Astraleums

In der Regel ist Ethereum unabhängig von der Entwicklung der Branche, da Die zweitgrößte kryptowährung auf dem Markt ein großes ökosystem dezentraler Anwendungen (dApps) darstellt.

Es ist selten, dass ein bestimmtes Ereignis den Preis der ETH beeinflussen kann. Daher wurde ein starker Anstieg der ETH-Preise eher durch eine Gruppe von Investoren verursacht, die auf eine korrigierende Rallye Bestand, nachdem Ethereum einen starken Rückgang von 220 auf 190 Dollar verzeichnete.

Bank of America named 9 companies that will earn billions on blockchain

Bank of America named 9 companies that will earn billions on blockchain

Bank of America named 9 companies that will earn billions on blockchain

The market associated with the introduction of blockchain technologies is able to grow to $7 billion.the Mass use of innovative technology makes it possible to repeatedly improve its financial position to high-tech giants and major players in the real estate market.

The large-scale introduction of the blockchain will provide an opportunity for large high-tech corporations to earn billions, says an analyst at Bank of America Kash Rangan.

The expert suggested that at some point in the future 2% of the existing corporate servers will run on the blockchain. If we take into account that the operational maintenance of only one such server will be $5,500 thousand per year, the total volume of the blockchain technology market can reach $7 billion.

The potential beneficiaries of the implementation of distributed registry technologies are such companies as Amazon, Microsoft and Oracle, the analyst noted.

"Amazon will benefit from the introduction of blockchain from the demand for cloud services, while improving the efficiency of supply chain tracking will improve Amazon's retail trade," the CNBC expert quotes.

Also, the analyst of Bank of America mentioned the Microsoft Azure platform, which is a catalog of solutions and cloud services ready for rapid automatic deployment. The technology giant can offer users the BaaS blockchain model, i.e. a ready-made business model from the cloud based on innovative digital technology.

Such well-known in the FINTECH industry companies as Oracle, IBM, and VMware is also able to capture its share of the emerging market. In addition to high-tech giants, great prospects to earn on the development of the blockchain appear among the major players in the real estate market and mortgages. The expert identified three companies in this sector: Redfin, Zillow, and LendingTree.