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With Eid just around the corner across the globe...
Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?
Yes, Off course its affect market because of Muslim fest. Here is related info: https://coinpedia.org/news/mosque-bitcoin-donations-ramazan/ |
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I harboured some hopes of a huge exodus from all these big Polos, Bittrexs, Coinbases to fast, cheap, user-secured decentralised exchanges when I first learnt about them last year. The hype started in 2016 apparently, but after participating in once ICO (yes, I was a newbie too) and trying out trades faithfully on two DEXs for a time (Waves and Counterparty), I think I was way too optimistic.
Meeting plenty of newcomers who still want to choose centralised wallets, centralised exchanges, for the benefit of having someone to talk to and help them out as they learn to use bitcoin/crypto, I'm now thinking that these big exchanges still have a lot of years left in them. In fact, they'll probably continue to grow for as long as we remain in the phase of mainstream adoption.
Survival implies that they're facing extinction, but other than regulatory compliance and hacking risks, I have a feeling the big exchanges still responsible for the majority of volume are here to stay for the foreseeable future.
Asides from the benefit of having someone to talk to, I fell we are not just there yet with DEX. One thing is that newbies will still always find them a little bit hard to use as a result of the complexities which may even make them to lose money in the process unless they are smart enough to quickly get around how to make use of it. I still believe though, that we will get to see a lot of decentralized exchanges coming up and getting better, we are not just there yet. Counterparty is a platform that extends Bitcoin in many ways including allowing users to create their own digital tokens and these can be exchanged peer-to-peer on a DEX. The platform launched in January 2014. https://coinpedia.org/decentralized-exchange/counterparty-dex/ |
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I think for now there are quite few of them, I won't call IDEX decentralised, neither is Wave DEx and there are some other exchanges like these that claim they are decentralised. I will pick EtherDelta and ForkDelta as the two functional decentralised exchange. Kyber is coming on board their beta platform is on
thank you, it's boring all those paid promoters polluting topics  . I love bisq but it's soooooo expansive. Want to know more about bisq DEX https://coinpedia.org/decentralized-exchange/bisq-dex/ |
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From my little knowledge. Cryptocurrencies are primarily used to buy and sell goods and services, though some newer cryptocurrencies also function to provide a set of rules or obligations for its holders.They possess no intrinsic value in that they are not redeemable for another commodity, such as gold. Unlike traditional currency, they are not issued by a central authority and are not considered legal tender.
I need help in understanding the crypto market and investment advice in order to invest effectively on bitcoin market
The one and only, the first and most famous cryptocurrency. Bitcoin serves as a digital gold standard in the whole cryptocurrency-industry, is used as a global means of payment and is the de-facto currency of cyber-crime like darknet markets or ransomware. For detail information about cryptocurrency market click here |
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A decentralized exchange is an exchange market that does not rely on a third party service to hold the customer's funds. Instead, trades occur directly between users (peer to peer) through an automated process. This system can be achieved by creating proxy tokens (crypto assets that represent a certain fiat or crypto currency) or assets (that can represent shares in a company for example) or through a decentralized multi-signature escrow system, among other solutions that are currently being developed. This system contrasts with the current centralized model in which users deposit their funds and the exchange issues an IOU that can be freely traded on the platform. When a user asks to withdraw his funds, these are converted back into the cryptocurrency they represent and sent to their owner. Here is some decentralized exchanges: OpenLedger Dex, Waves Decentralized Exchange, Stellar DEX |
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The South Korean regulators and officials plans to endorse its approach towards cryptocurrencies policies. Basically, it is coming up with new rules to regulate cryptocurrency in every aspect of business. These guiding regulations of cryptocurrencies are termed as “financial assets”. https://coinpedia.org/news/south-korean-regulators-crypto-icos/ |
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 Coinpedia is a trusted crypto organization for News, Information, Exchange, PR and other crypto-related reports. It provides basic information on all cryptocurrency and Bitcoin-related news all over the world. The company is featuring blockchain events and provides an arena for individual authors and editors. Basically, Coinpedia is known as Crypto Brand for listing different crypto-related information on it. The company gives more genuine information on digital currencies. Coinpedia publishes and promotes the publication all across the social media. How to submit PR? The user must visit the link provided below and submit his PR https://coinpedia.org/submit-your-press-report/OR The user can personally contact the team by mailing to info@coinpedia.orgThe PR listing costs $199 that can be transferred on their BTC address Benefits for publishing articles on Coinpedia:-
· The article is published and promoted on various social media websites. · Article will provide authenticated information for users · Coinpedia avoids plagiarized content in the article · The article is read by many users all over the world. · Coinpedia has millions of visits who deal with cryptocurrencies. Conclusion:- This is a golden opportunity for crypto, Coinlisting, Exchange listing, and ICO related companies to partnered with Coinpedia. The companies can get good publications on the product all over the world. |
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Radoslav Albrecht of German established an online bank, Bitbond. It provides clients to transfer loans to any part of world utilizing Bitcoin. Bitbond utilizes digital currency like Bitcoin to circumvent the international transfer system. It lends finance all over the world and the service is fast at an affordable price. Read more:- https://coinpedia.org/news/bitbond-provide-loans-bitcoin-cryptocurrency/ |
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Gray Cohn, former president of Goldman Sachs and also former chief economic advisor to US President Donald Trump. Cohn believes that world will have global cryptocurrency in future but it will not be a Bitcoin. Cohn told on CNBC on May 8th Squawk interview. The future will have simpler global cryptocurrency
In an interview with Squawk on the Street, the former president of Goldman Sachs, Gray Cohn said, “I'm not a big believer in bitcoin. I am a believer in blockchain technology. I do think we will have a global cryptocurrency at some point where the world understands it and it's not based on mining costs or cost of electricity or things like that”.
Even after a rapid growth in bitcoin there are several issues like it price volatility, high transaction volumes. Accordingly, the Cohn’s believes that global cryptocurrency in the future will be simplest and easier to understand compared to Bitcoin. He said,
“It will probably have some blockchain technology behind it, but it will be much more easily understood how it’s created, how it moves and how people can use it”.
Furthermore, he thinks that the global cryptocurrency in the future will not be on mining costs or electricity cost. However, Bitcoin mining is completely depending on miner’s system to solves hashes in return to get rewards via PoW protocol. In last October, bitcoin mining required 56 million kilowatt-hours of electricity per day at an expense of $6.7 million. On the note, Cohn was asked about the Goldman Sachs recent reports like it is offering Bitcoin contracts and aiming to open a trading desk. He replied, Goldman Sachs must consider only the best interests of their shareholders. Later on, he also mentioned saying that he owns no share in Goldman Sachs. Additionally, he said about his March departure from the Trump administration, that he was considering running a regulated bank, but in digitized world. “I do have an idea for a company. It would be an interesting concept playing on the knowledge I know from the banking world”.
Simultaneously, bitcoin price is floating towards the mark of $10,000, still many believes and hopes that bitcoin will hit the heights. Also Read here: Goldman Sachs Predicts a Global Cryptocurrency Other Than Bitcoin
Do you think there will be other global cryptocurrency in the future? Let us know in Twitter and Telegram.
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Romania’s oldest crypto exchange, BTCxChange declared that it is closing all its services today i.e., May 1st, 2018. BTCxChange is the first ever crypto exchange in Roman to trade Bitcoin in an easy and fastest way. Here is source link: https://coinpedia.org/news/btcxchange-roman-close-services/ |
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