First time here? Checkout the FAQ!
x

You May Also Like

4 Online
0 Member And 4 Guest
Today Visits : 123
Yesterday Visits : 560
All Visits : 137410
just a test

Cryptocurrencies: Time to reconsider? [poll]

Related questions

1 like 0 dislike
1 answer
1 like 0 dislike
446 views

The price of Cryptocurrencies have been tumbling with their mama BitCoin, as China closes local exchanges, but some experts have predicted the cryptocurrency will bounceback and stage a recovery.

Bitcoin's price crashed below $3,000 on Friday for the first time in almost eight weeks, as fears over the cryptocurrency's future prompted a sell-off. It comes as China launches a crackdown on bitcoin by closing local exchanges, with BTCC annoucing an end to trading by the end of the month.

JP Morgan boss Jamie Dimon also fuelled sell offs by calling the bitcoin a fraud.

But despite the short-term price crash - the digital currency has fallen from near $5,000 at the start of the month - BitCoin and other Cryptos will recover, according to experts.

When Jamie Dimon warns against bitcoin, it’s usually a good time to consider buying some

BitCoin is nothing without Jamie Dimon. According to experts, Jamie's -ve comments have been a ploy to get the Cryptos down - after BitCoin kissed it's all time highs of $5000. A correction was always on. Experienced Crypto traders know, the Crypto market does correct upto 40% - after a big bull run. It was indeed helped by Jamie and the Chinese events.

Don't forget Cryptoes like Litecoin - had a huge spike - at around 12 P.M. UTC time - once it kissed it's low of $32. It was indeed from USA. laugh

Litecoin Price chart

Now, where does all the Cryptoes go from here? David Coker, Lecturer at Westminster Business School, said: "While the Chinese regulator's crackdown in Bitcoin exchanges was not surprising – China has been trying to put a stop on capital flight for several years now – its actions simply won't be effective for three reasons."

"First, anyone in China with a valid public key - a large numerical value that is used to encrypt data and is generated by a software program or provided by a designated authority - can still receive and sell Bitcoin. Keys are freely available for the asking. The Great Firewall of China won't be able to block Bitcoin traffic originating on Blockchain's decentralised network."
 
"Second, it is well known foreign travel by Chinese citizens has surged in response to the crackdowns on capital flight. Any Chinese citizen traveling to the United States or Western Europe can easily purchase Bitcoin at any one of several thousand public ATMs selling the cryptocurrency."
 
"Third, the history of economics teaches us capital always finds a way."

Etherium will chase BitCoin

September is usually BIG for Crypoos. 2017 is not an exception. We have several technical upgrades coming for some important Cryptocurrencies - Metropolis for Etherium, Escrow for Ripple.

Future Ethereum – Metropolis, Serenity, Raiden

News from Etherium developers is that - The Metropolis (Ethereum 3.0) hardfork upgrade is scheduled for late September. By end of this month - Metropolis will be locked in. This time, there is ALMOST NO CHANCES of a split (like the one we had for Etherium Classic). Thus, this could result in a big bull run for Etherium.

Experts say, this could result in new highs for Etherium - breaching well past it's earlier highs of $418. If we follow the last upgrades, which was back in October 2016, Etherium was in single digits that time. Though the prices are much higher now, but considering the changes that Metropolis upgrades are slated to do - this may well kiss $1,000 - according to the experts.

And after BitCoin, if there's anything that "Altcoins" follow - it's Etherium. So expect a big rise in some other coins as well. Here's a graph that explains the correlation among the Cryptocurrencies.

Ripple and Escrow lock

Then comes Ripple. XRP is surging alongside bitcoin and ether as well as smaller digital currencies like dash and monero. They're all benefiting from the growing interest in blockchain, a distributed electronic ledger that makes all transactions trackable. Unlike other cryptocurrencies on the market, XRP is tied to — and majority-owned by — a single company.

Ripple and ethereum have emerged as the early leaders in enabling business arrangements, with Ripple trying to build the digital payments standard for the financial sector.

Distributed financial technology firm Ripple is on the verge of locking up billions of dollars worth of its native XRP cryptocurrency inside dozens of smart contracts designed to hold value in escrow until a certain time, or certain conditions are met.

Ripple Pledges to Lock Up $14 Billion in XRP Cryptocurrency

Though the timeline for this is not released by the company yet - but this is more than expected to happen within a month or 2.

One of the major fears about Ripple has been uncertainty about their supply and what if Ripple releases too much of their supply into market, thereby suppressing price.  Although, Ripple being a Licensed, Regulated, and Registered company that can be 'Sued' in court for fraud has eliminated much of this worry.

But seems like Ripple wants to be world class in every aspect. Escrow is an extensive lock-up agreement spanning a whole decade and more, removing all market worries about supply.

Make money social trading - Cryptocurrencies

What does this mean?
1) Suddenly All worries about supply will be defeated in one official move.
2) The supply available will only be the current supply.
3) Overnight will make XRP lot more precious, valuable and most probably will spike up price greatly given so many use-cases and no more new supply in the horizon.

Additionally, as a remainder unlike Bitcoin, ETH etc which are "Inflation" currencies that increase their supply over time, Ripple is Deflationary. Meaning, NO new coin can ever be mined/created, and Supply reduces over time as every transaction destroys certain amount of XRP.

And it does not end there. Its also rumored that Ripple will use their on-platform escrow feature to enforce this lockup and show off the feature to their customers. (Ripple has on-platform cryptographically secure escrow that does not depend on 'any' external services)

There is no doubt that this would be a segwit-level event for XRP. I would say 1 USD instantly after the announcement and even more in the future.

Choices:
I'll consider buying cryptos now (1 vote, 50%)
There's still worry. I'll choose to stay away (1 vote, 50%)
Chinese have October end to complete sell off. Cryptos will be down. I'll consider short positions (0 votes)
Don't like cryptos (0 votes)
Thanks & Regards,
Admin Team
asked Sep 17, 2017 in Share market strategies by puremoneymaking (380 points)
edited Sep 17, 2017 by puremoneymaking

2 Answers

1 like 0 dislike

The banks really do everything for money.
This article explains the spike sad


Bitcoin Price Increases to $3,680, Chinese Exchanges and Experts Remain Optimistic

But I personally like the current fall. Keeping the current upcoming technical upgrades in mind, this is a real buying opportunity.

Though the Chinese events can disrupt the developments a bit, but Japan's evolution as a big Crypto player - really helps the proceedings.

Considering Metropolis will be taking effect from tomorrow - really looking forward to the coming weeks.

Thanks for the post though.

answered Sep 17, 2017 by getfreefollowers (260 points)
1 like 0 dislike

This will give an idea on how things are progressing for Metropolis:

Metropolis milestone

Thanks & Regards,
Admin Team
answered Sep 18, 2017 by puremoneymaking (380 points)

SMS marketing services

How to income from home?

  1. Mobile marketing definition
    If you are interested in generating new revenue stream, we recommend that you consider the new mobile marketing programs.
  2. Mobile marketing strategies
  3. History of SMS marketing
  4. Affiliate how to
    1. False advertising
    2. What is multilevel marketing?
    3. Trademark infringement
    4. Typosquatting
      A questionable technique used by cybersquatters to attract traffic by redirecting common typos of popular search terms or sites to their own sites.
  5. Mobile marketing trends
  6. Importance of SMS marketing
    Consider the millions of people using SMS communications daily and the countless applications this technology can have.
  1. Make money on YouTube
  2. Get cash for surveys
    1. Free online surveys
    2. What are the advantages of a survey?
    3. Survey scams
    4. Problems with surveys
  3. Earn by reading emails
  4. Get paid to search
  5. Paid sign up
  6. Make money with Twitter
  7. Get paid to answer questions
  8. Pay to surf
  9. Get paid to post
  10. Get paid to upload
  11. Paid Reviews
  12. Get paid to shop
  13. Get paid to promote
  14. Get paid to play


Blog Engage

Socializer
FREE service to make updating your social networks a snap!
Polls
The Main factors for any kind of website is Traffic , Networking and Back links. Blog Engage is a top blogging community, and the master in providing such things. If You're passionate towards blogging then Blog Engage will help you to achieve your passion.

You cant explain the happiness when pro bloggers comments on your blog. Comments not only brings traffic it also improves the engagement of your blog. Note that - quality comments will plays a vital role in SEO.

Get Free Followers helps you boost your Blog Engage popularity in 2 ways :

  1. Add URL for Blog Engage
    Get to know how to add URL for Blog Engage and get it posted, as well as voted by thousands of our users.

    Easiest way to get recognition in Blog Engage is by getting your content upvoted as many times as possible, as well as getting positive comments on your submitted contents. But this is not always easy to do it all manually.

    Get Free Followers does this job for you. So if you want to save your time from contacting all the Blog Engage users yourself to vote up your content, you can add your site in Get Free Followers and let our users do the job for you - all for FREE - don't worry! You'll soon see the number of votes increasing in few days.

  2. Submit / Vote others' content in Blog Engage
    Read on to find out how to earn Coins by Blog Engage submit and how it helps increasing your Blog Engage popularity.

    Here in Get Free Followers, we also reward you by paying you while you submit / vote others' posts on Blog Engage. You gain coins by doing so - an added benefit. Then you can convert these coins to REAL money from the "Coins to Cash" section.

Above 2 sections will take you through a detailed how-to article to explain how you can get connected with Pro Bloggers in Blog Engage. Blog Engage will distribute your content and put in front of over 7000 bloggers between Facebook, Twitter, Linkedin and Blog Engage. They help create new relationships, increase blog traffic, your online brand and blog authority.

If you want to be successful then you need to choose the combination of Blog Engage and Get Free Followers. You have the Path (Blog Engage) to rock on. Use it and all the best for your Internet Marketing Life.


Social Bookmarking

 

Vimeo music videos

  1. BizSugar
  2. Blokube
  3. Delicious Bookmarks
  4. Design Float
    Are you looking to get your content posted in Design Float? It's a social bookmarking site where users submit and discuss latest news in the worlds of technology, social media and programming.
  5. Design Shovel
  6. Diigo Bookmarking
  7. Blog Engage
  8. How to make money on LinkedIn?
  9. NewsMeBack
  10. Stumbleupon marketing
    One single statement will tell you why it'll be a mistake to overlook Stumbleupon : in 2011, Forbes published findings that Stumbleupon had surpassed even Facebook as a source of social media traffic in the United States.
  11. XING
 
  1. Vimeo for business
    As an artist, business owner or just a creative individual, you would like to stream videos in HD quality, and that is exactly what you get at Vimeo!
  2. Vimeo Videos
    Willing to get real Vimeo Comments for FREE? Then you are at the right place. Make your video look viral over the web. Get real Vimeo Comments instantly at Get Free Followers from active users to increase video popularity.
  3. Vimeo promotion
    There is more than one reason why you should be looking to increase Vimeo Likes for your videos. A video which receives large number of likes from many people is seen as trustworthy in comparison to that one which receives less likes.
  4. Increase Vimeo views
    As of December 2011, Vimeo attracts 65 million unique visitors per month and more than 8 million registered users. Get Free Followers is the perfect tool for unlimited video plays and push your video in Vimeo's most viewed charts.
...