End of commodities

After my university, my first car was a hatchback Toyota Corolla. The engine was a beautifully designed machine. I would like to say the same thing for body boards that have a quick rusty Swiss cheese look; holes that are expanding year by year.

Thanks to such episodes, automakers began to use zinc steel – "hot" immersed body panels in corrosion-resistant zinc.

However, car companies from the world's most populous countries did not commemorate this. At least not until recently.

The result? At the time that most leading analysts in the world were least expecting, the zinc market was hit by a huge bull …

Bloomberg & # 39; s The latest headline is titled "China and Rust Machines Sustainable Rally for 2016" & # 39; Best Metal. Reactions to zinc prices have risen by 60% since the beginning of this year.

Only one-third of the 19 million cars and trucks produced in China last year were made of zinc steel.

It is the same in India, where last year, consumers received a record 2 million vehicles; According to the Indian Institute of Technology Bombay, only 20% is made of galvanized steel.

Vehicle sales forecast in any country by 2020 (China 24 million, India 5 million) is very sinking.

Watch now, but …

Zinc mining resources are not for exhaustion and acquisition. It is worth noting that the demand for commodities is fulfilled in a way that no one expects until all of the price increases are noticeable.

Take a look at what happened with Nickel.

The Philippines is a major supplier of raw nickel ore. The new Duterte administration, acting in the summer, is in the midst of a "review" of three or more landmines in the nation, threatening to be removed from some commissions for environmental violations.

It's not entirely "love," but it certainly helps to love the long-running nickel price. Analysts at UBS Group AG see nickel prices up 25% next year (after gaining 20% ​​so far this year).

Of all the major industrial metals, copper is one of the most sought after. The price of red metal has been difficult all year. Since 2011 it has decreased by 50%.

Japan's largest producer, Pan Pacific Copper, sees a 40% increase to $ 7,000 per tonne by 2020. Citigroup recently made a similar forecast. Why not?

All supply and demand.

China, the world's No. 1 copper consumer, has slowed economic growth in recent years, but copper demand remains relatively stable.

But copper supplies are another matter.

At the end of last year, Glencore, one of the largest copper miners in the world, decided to make one of Africa's largest mines, producing 400,000 tonnes of copper in the global market. In Chile, the only copper supplier in the world, the state-run copper commission has announced major investment discounts by 2025, eliminating eight mining projects worth about $ 23 billion.

Now you can see where these copper price forecasts come from. Analysts at Citigroup see a widening gap between copper supply and demand. In the aforementioned Pan Pacific Copper Company, the company's head said, "Due to the absence of new mine supplies, the product will not be able to meet demand – unless prices reach $ 7,000 / tonne." He said.

With a copper price below $ 5,000 at the moment, it provides a lot of potential benefits – there is another reason to pay attention to this class of "most hated" goods.

Drones and their use by government and private bodies

A drone is a remotely controlled unmanned flying vehicle that can also be used for specific jobs in addition to being able to fly. Drones are used for photo and video recording from above. Some are used to perform scientific or technical measurements. Some carry weapons and are used as combat tools. Still others are used to transport cargo and mail between locations. The latest developments are drones that carry tools for installation and repair.

The basic technology in a drone consists of some kind of power plant, some propulsion mechanism, some kind of steering mechanism, some kind of sensor to recognize location and path and a sender-receiver unit to transmit and receive signals for direction and recording. Drones are found in all shapes that you can find on larger airplanes and also in all kinds of exotic shapes such as oblong aircraft, discs, triangles, donuts, stars or they can look like large insects or birds.

Small or light drones are usually driven by propellers connected to battery-powered electric motors. Increasingly, very light drones, powered by solar panels, are produced that can fly in the air for several weeks in principle. Some drones are held in the air by an air-gas lighter, such as an airship, which also makes the drone able to stay in the air for a long time. Larger or heavier drones are mainly driven by some type of combustion engine, such as piston engines, turboprop engines or turbojet engines.

It is also possible to build nuclear-powered drones that can remain in the air for days or weeks, and especially if these drones are partially manufactured as gas-filled airships. Such sources of nuclear energy need not be what is considered atomic reactors. The power source may be special isotopes that radiate intensely and thus produce enough heat to power the drone. Some of these isotopes primarily radiate alpha or beta rays that can be protected without heavy armor.

Since most uses of drones are kept secret or simply not publicly announced, it is difficult to give a full explanation of the extent of their use and who is using them, but a very clear picture comes from official sources, journalistic articles. and scientific, drone producer commercials, and stories of people coming into contact with drones in use.

Most drones are probably used by civil authorities and homeowners for home surveillance of various types such as border control, road traffic surveillance, fire detection, aerial photography, geographic mapping, pipeline control, power grid control and surveillance of crowd behavior. Drones are increasingly used to convey visions of sports championships. Police use drones to detect and investigate crimes, a practice that also appears to involve direct spying by drones on private citizens in their homes.

Since then, military forces have used drones for surveillance of foreign territories and combat zones. The use of small tactical drones for bomb delivery, missile launching and projection is old but is becoming increasingly important. Until 2014, these drones are widely used to guard terrorist bases, bomb these bases and kill individuals suspected of terrorism. A classic surveillance drone used by both military and civilian authorities is the global Hauk RQ-4. The Northrop-Grumman MQ-8 small helicopter drones (A, B and C) are examples of small surveillance combat drones used in local operations and launched from small vessels or ground troops.

Larger long range drones, comparable to bomber planes, are in use for both surveillance and ground and sea level targets. Well-known examples of them are the Atomics MQ-1 predator, the Atomics MQ-9 Reaper capable of carrying a heavier weapon load and the even more advanced Atomics Avenger stealth jet combat drone. The Isreeli Eitan drone is a large, long-range ground-level surveillance drone capable of being airborne for 70 hours.

Effective laser guns have already been invented and laser-armed drones are probably a reality until 2014, at least in experimental versions, but these drones must be of some size because the laser needs a large power generator powered by a laser. turbine engine.

The technical control mechanisms, however, by 2014 are unlikely to be so advanced that fully reliable supersonic drones can be built with fighter aircraft capabilities. However, unmanned supersonic stealth fighter planes have been under construction for some time and have been in 2014 for a long time since they were tested. Of these, the Northrop-Grumman x47B stealth bomber drone is about to be deployed in 2014 for realistic testing of carrier combat operations.

British company BAE is developing a supersonic stealth bomber fighter drone in a project called Taranis. French producer Dessault, along with other European participants, are working on a similar project called nEUROn. Both projects produced experimental versions that will be tested by 2014. There is speculation that the sixth generation of fighters will not be manned or could be manned or drone, depending on the choice. Lockheed-Martin Skunk Works and Boeing Corporation Phantom Works are the leading US combat vehicle developers, including unmanned aircraft.

Available information seems to indicate that Lockheed Martin is developing unmanned fighter jets that use much of the same technology as the F35B, stealth vertical takeoff and landing, supersonic fighter aircraft and that they are also developing a high-flying hypersonic unmanned spy plane. . It is logical to think that this hypersonic plan will also have bombing capabilities.

Drones that mimic birds or other small animals have been developed and can be used for spying, projecting or injecting poison into targets. It is rumored that these drones are already being used by certain authority units. Rumors may say that even spy and attack drones, which resemble insects in shape and size, are being developed. Probably microtechnology has not gone so far that such drones can be manufactured, but the physical possibility of making these drones is there.

The US has plans to allow the permanent construction of balloon-powered drones powered by solar panels in the upper atmosphere for surveillance. These drones can be built at lower altitudes to avoid clouds and patrol an area, something you can't do with satellites. But possibly high flying drones operating in the air for days or weeks, powered by nuclear power, have been in use for a long time. Certain UFO observations seem to point in that direction.

One may ask how often people see drones in flight or in use by 2014. Of course there are no statistics on this. Sometimes people see flying objects that are clearly recognized as drones. Most of the time, it will be difficult to decide what is seen. Most UFO reports in 2014 are probably caused by drones.

Because at least larger drones are comparable to other air traffickers, they are required to keep flashlights and other means to warn of a collision, but as government agencies operating drones often want to keep the flight secret, these drones Flashlights may only light when there is other traffic in the vicinity or when operators want eye contact. This type of intermittent light emission is typical of many classic UFO sightings.

In addition, the flying pattern of a drone used for surveillance and investigation will mimic the pattern seen by objects in UFO reports: Sometimes they fly at varying speeds, sometimes stop and just hover, change direction, often change. steering. above, do some maneuvers near the ground and then fly up and away.

Also drone lights can be used to illuminate targets, usually on the ground, for image recording, which is also seen in classic UFO stories. Many drones also have the form of a classic UFO. In addition, drones will only make little noise, which is also characteristic of so-called UFOs.

Cryptocurrency and tax challenges

Cryptocurrencies have been in the news lately, as tax authorities believe they can be used to launder money and evade tax. Even the Supreme Court has appointed a special Investigative Panel on Black Money to recommend trading in such currency. Although China has been banned by some of the largest Bitcoin trading operators, countries such as the US and Canada have laws that restrict cryptocurrency trading.

What is Cryptocurrency?

Cryptocurrency, as the name implies, uses encrypted codes to perform a transaction. These codes are recognized by other computers in the user community. Instead of using paper money, an online account is updated with regular accounting entries. The buyer's account is debited and the seller's account is billed in that currency.

How Do Cryptocurrency Transactions Work?

When a transaction is initiated by a user, his or her computer sends a common password or public key that interacts with the recipient's personal password. If the recipient accepts the transaction, the initiating computer connects a piece of block to a few such encrypted codes that are known to each user in the network. & # 39; Miners & # 39; Customers called additional code can add cryptographic puzzles to the shared blockchain and gain more cryptocurrency during this time. Once a miner approves an operation, the mark on the block cannot be changed or deleted.

BitCoin, for example, can also be used on mobile devices for shopping. All you have to do is allow the recipient to scan a QR code from an application on your smartphone or face them using Near Field Communication (NFC). Note that this is very similar to regular online wallets like PayTM or MobiQuick.

Die-hard users swear by BitCoin's decentralized nature, international acceptance, anonymity, transaction continuity and data security. Unlike paper currency, no Central Bank monitors inflationary pressures on cryptocurrency. Transaction books are stored on the Peer-to-Peer network. This means that each computer chip and database copies of computing power are stored in each such node on the network. Banks, on the other hand, store operational information in central deposits held by the firm's hired individuals.

How can Cryptocurrency be used for money laundering?

Lack of control over cryptocurrency transactions by central banks or tax authorities means that transactions cannot always be labeled with a specific person. We do not know if this tractor is legally acquired. The Transactor's shop is also in doubt because nobody knows what currency is taken into account.

What does the Indian Law say about such virtual currencies?

Virtual Currencies or cryptocurrencies are generally viewed as application pieces and are therefore classified under the Goods Sales Act of 1930.

They can be used for sale or purchase, as well as good, indirect taxes, such as GST on the services provided by the miners.

There is still some confusion as to whether cryptocurrencies in India are currency-friendly, and RBI, which has powers over clearing and payment systems and prepaid negotiation tools, of course, does not permit trading through this exchange.

Any cryptocurrencies acquired by a resident in India will thus be subject to the Foreign Currency Management Act 1999, as it imports goods into that country.

India has allowed BitCoins to trade with tax evasion or money laundering activities and special safeguards to comply with your customer's standards in Private Exchange transactions. These exchanges include Zebpay, Unocoin and Coinsecure.

For example, those investing in BitCoins are responsible for the dividends earned.

Capital gains resulting from the sale of securities related to virtual currencies also need to be taxed as income and then require the submission of IT documents online.

If you have a large investment in this currency, it's better to get personalized tax help. Online platforms have long simplified the tax compliance process.

Here are 4 things to do about Bitcoin

Almost everyone knows about Bitcoins and Bitcoin trading. While most people succeed in currency, there are some who are also struggling. If you are planning to enter the market, beware of some things.

Bitcoin wallet

You need a digital wallet to use coins. It can be based on an application, hardware or cloud. Some Bitcoin companies help startups automatically prepare wallets for them. You can save your wallets online or offline. For your own safety, register yourself online and secure your password. Avoid online wallets because it can be hacked easily. If you need to use the department, keep a limited amount of money.

Where do you get the currency?

You can always buy them in the market if you do not want to go the hard way to extract coins yourself. When shopping, beware of the people who advertise that you will pay a commission. Also, beware of the site you are shopping for. Buy from a site that is not reliable because it is money-driven. This only invites you to purchase from a non-HTTP site. This way, you will be sure that web traffic is secure and encrypted.

Technical details

No need to worry about the technical details unless you are concerned about coin extraction. If your main goal is to make money, you don't have to spend too much time worrying about the mining process, block size and other confusing aspects of the process. Find a reputable company to order currency and order.

Currency changes

As in other foreign exchange markets, the Bitcoin market is developing at a rapid rate for coins. You should note that the market is similar to the stock trading market – long-term. Therefore, if you do not plan to sell your coins the same day, you should not worry about price changes. The value of Bitcoin is increasing every year; so you shouldn't panic when you see a big price change in one day.

Although this is the case, it does not mean that you should not exchange the market prices. Regularly visit the forums and related places to find the current prices of coins. Who knows that you can afford to sell at current prices?

How Cryptocurrency Works

Simply, cryptocurrency is digital money, which in some cases is credible and anonymous. It is mainly linked to the Internet, which uses cryptocurrency, which is a process that has become an insufficient coda to touch on all the transfers and purchases made.

Cryptography has a post-World War II history when it needs to communicate in the most reliable way. The same evolution has taken place since then, and has now become digital, where various elements of computer science and mathematical theory are used in the Internet for communication, money, and information.

The first cryptocurrency

The first cryptocurrency was introduced in 2009 and is still popular around the world. Many more cryptocurrencies have been introduced in recent years, and today you can find so much on the internet.

How it works

This kind of digital currency uses decentralized technology to make reliable payments to different users and at the same time save money without making a name or even crossing a financial institution. They are basically working on a blockchain. A blockchain is a public booklet that is widely distributed.

Cryptocurrency units are created using a process commonly referred to as mining. This generally involves the use of computer power. Doing so will solve math problems that can be very complex in the creation of coins. Users are only allowed to receive currency from brokers and store them in cryptographic wallets where they can easily spend them.

Cryptocurrencies and blockchain technology are still in their infancy when thought of financially. More use may occur in the future, as there is no information about what to invent. The future of transactions with stocks, bonds and other financial assets can be very well sold in the future using cryptocurrency and blockchain technology.

Why Use Cryptocurrency?

One of the main features of these currencies is their reliability and offer a level of anonymity that you will not be able to get anywhere else. There is no way that an operation can be reversed or false. This is the biggest reason why you should use them.

The fees charged on this type of currency are also quite small, making it a much more reliable choice than conventional currency. Since it is not centralized in nature, it can be accessed by anyone other than banks where accounts are opened only with authorization.

Cryptocurrency markets are introducing a new form of money, and sometimes the gains can be overwhelming. You can only invest in a very small amount of time to find out that something big has hit the mushroom in a very short time. However, it should be noted that the market may also be volatile and there are risks associated with the purchase.

Mining Company Risk

In the past, I have discussed some of the risks associated with the small mining industry. In this article, it is important to recognize what has been said in the past regarding mining operations in Venezuela.

When countries have significant real assets, these mines or mining projects are likely to be under increasing political pressure. For example, Australia recently announced a 40% tax on mine production. At this point, though, there is a suggestion, a confirmation of my point.

For a historical example, an article published by International Business Times a few years ago says that Hecla Mining's gold mine in Isidora is the third operation in Venezuela's mineral-rich Bolivar to block a week-long traffic. The gold miner demanded that President Hugo Chavez's cultural nationalization be in bad working condition. "

I met with Laura Skaer from the Northwest Cultural Association to look at some potential mining laws proposed in the US. But I said that we would have more difficulty in the mining industry than in the world. The situation was resolved, but it did not benefit Hecla or the mining industry. I think it is my duty to give you a great view and a long-term perspective. Most people are not closely following the mining industry, but some of the proposed changes have a potentially long-term impact.

Every now and then, the US House of Representatives proposes a bill that could affect the mining industry. This "jobless" period is very important for anyone interested in any area within the United States during a recovery period. For those who are bent on the "green" sector, let them agree – at the same time – "Mines to grow when it's impossible to grow."

There are numerous misinformation and outright lies related to the mining industry. In today's world, most mining activities are carried out in the least environmentally friendly manner, and in almost all cases (according to US standards) the property is returned to its natural state upon completion of mining. This is a fact that very few other people in the industry actually know.

There are still exceptions, but most are true that modern life requires the work of metals and rare earths. A perfect exploration of the current state of mining is a documentary called "Do Your Own Work". If you can rent this DVD, it is highly recommended to tell the true story of mining from a completely independent source.

"What's preventing Mexico, South America, Canada, or Australia from enacting new mining legislation that will benefit the government and impede the mining industry?" When I ask, my concern goes out of the United States. It is clear who will follow in Australia, as previously said?

We suggest that those in the industry take our lead and reach this message to the press, radio and even business television audiences. In our opinion, this is the most important issue in the mining industry today, and it is hard for anyone to talk about it. This may be one of the reasons why only small miners work so poorly. Maybe the market will feel some harmful laws over the next few years.

Tips for Choosing a Hajj Package

Hajj, which cleanses man from all sins, is a very sacred journey whose spiritual aspect can be overshadowed when confronted with logistical problems. Therefore, choosing the "perfect" hajj package is crucial to allowing you to focus on the spiritual aspect of the wholehearted journey.

Here are some things to consider when choosing a hajj package:

1. Choosing a Hajj Ministry-registered agency over a subagent increases your chances of a smooth journey. Registered agencies are more aware of the latest visa processing rules and regulations, can contact the Hajj Ministry to resolve a problem, are accountable to the Ministry if pilgrims lodge a complaint and have more resources within the organization. By air, hotel and transportation. They are also cheaper because travel arrangements in Saudi Arabia can only be done by authorized agencies. Subagents need to buy services from these agencies and therefore sell the package at an increasing price.

Despite all the advantages of the above mentioned licensed agents, you can choose a subagent if you have heard good things about them. All authorized agents may not provide a good service while some subagents are very professional. Therefore, you must choose a referral-based hajj package provider.

3. The company of an experienced and experienced guide in your group is required. No matter how much information you have accumulated in books and lectures, you may face questions you had never anticipated before. It is also important to know if the travel agency seeks guidance with the guide. To facilitate logistics, some agents may plan to depart for Arafat and Muzdalifah ahead of time recommended by Islamic law. Choosing an agency that plans travel under a reputable magnet can reduce the risk of taking shortcuts or going against Sunnah.

4. Be sure to check that the magnet will hajj with the pilgrims from the package you have selected. It is difficult to contact Imam if he is staying at a different hotel, traveling on a different bus or living in a different tent in Mina. This problem is especially common in agencies that offer a wide range of packages under the guidance of one or two magnets.

5. Having a female guide would be an added benefit to the pilgrim sisters.

6. It is helpful to check if the travel agency has a full time employee in the US and Saudi Arabia. The more an agency relies on external resources, the more likely it is to be mismanaged. In addition, the longer an agency provides Hajj services, the better equipped it is to provide organized service.

7. Most Hajj packages advertise fare prices from New York to Jedda. If you live elsewhere, be sure to include the cost of domestic airfare to New York when choosing a package. Also add the cost of Hajj and Zabiha taxes to get an estimate of the exact amount you will spend per person.

8. Accommodation on a convenient site is very helpful. Hotel near Haram and Masjid – e- Nabwi is more important than the star rating of a hotel as it would reduce travel time, save energy for worship and save time by not having to stand in long lines to do wudu or use toilets. You may want to share your room with 4 people in a hotel near Haram and not share the room with someone else, but at a greater distance from Haram. In addition, hotel ratings are in accordance with Saudi government standards, which differ from US hotel rating standards.

9. Don't worry too much if a hajj package doesn't offer meals in Mecca and Medina. There are many options around Haram for eating and drinking between prayer times, but it can take a long time waiting in line. Hotel buffets can save time or distract as people often spend a lot of time socializing too much. However, it is good to receive food in Mina and Arafat, as options will be limited. If you are practicing Hajj with your family, you may want to choose a package that offers meals throughout the trip.

10. Choosing hajj packages arriving first in Medina can save time spent on immigration lines. Pilgrims arriving at Jedda can spend 14 to 18 hours immigration before leaving for Mecca. However, choosing a package where pilgrims land in Jedda opens up much more flight options and may be cheaper. The same goes for leaving Saudi Arabia. Medina as the port of entry or exit can save a lot of time.

11. Ask the agent about the location of the tent in Mina. VIP tents are mostly (if not all) within walking distance of Jamarat. However, regular tents at the American camp are a 50-minute walk from Jamarat. In fact, some tents are not even set up in Mina. They are located beyond huge signboards that say "Mine ends here"!

12. Hajj packages that promise access to private apartments during your stay in Mina are a plus. The tents in Mina are small with enough space for people to sleep. So pilgrims can leave their luggage in the rooms during their stay in Mina. It also opens the option to use the room's toilets and showers rather than those created in the Mina camp.

13. Hajj packages that offer free shuttle service from Mina to Haram can help you save money. Taxi fares increase exponentially during Mine days. Attracted by profits, many people come from other cities to work as taxi drivers and may even get lost while trying to drive pilgrims to Haram. But the cheapest buses take a long time to arrive. Therefore, a shuttle service provided by your agent would be faster and free.

14. Most hajj packages deal with SIM cards. This can also save time. Otherwise, you may have to wait in line to get a SIM card.

Given these logistical issues when choosing the perfect hajj package, we hope to reduce your mundane worries of performing hajj and allow you to focus on your worship of your heart's content.

Cloud Mining Contracts – Is It a Good Investment?

As readers of my blog know, I will only promote products and / or services that I use or invest in. I wanted to provide an update to the cloud mining contracts I recently received. Cloud culture works differently than traditional mining where you do not buy any equipment for mining. This means that you will have to pay a high price for having your own car. Everything is done by others and you just buy a pool. When I opened them on May 23, I wasn't sure what I was expecting.

Two weeks later I thought I could give you some good information. The first contract I started was with Hashing24. Only Bitcoin mining offers. The way to work with them is to buy the hashing power you want (see my "mine" section for more info). They have plans of up to 100 GHz and cost up to $ 18, and they pay a small daily repair fee of $ 0.03 per 100 GH / s because they offer indefinite contracts.

Hashing24 & # 39; The disadvantage of the model is that you can collect your daily payments forever after paying the down payment. This is like getting an annuity immediately.

For full disclosure, I received 4,500 GHz ($ 800). I make $ 7 a day depending on the daily payments and the cost of Bitcoin. If we extrapolate it, it would be about $ 210 a month with a break in just four months. This is not a bad investment, because in four months everything will be a net gain. And don't forget that in the future, your mining profit will increase.

On May 25, I wanted to sign a contract for Ethereum culture. Ethereum blockchain technology is mastered by all major cryptocurrencies and I really believe Bitcoin's value will be gone one day. It is currently about half of Bitcoin's market value of $ 20,505,000,000, compared to $ 41,888,000,000.

I got Ethereum cloud mining contracts through Hashflare.io. First I bought 35MH / s and then decided to add another 15MH / s. The contracts are one year. Hashflare also allows you to change the percentage of hash power you want in each pool. If you see a pool doing better, a higher percentage can be imposed.

The 50MH / s cost was $ 1,090, but I paid for Bitcoins and got more bang for the buck as the value of my Bitcoin purchase was assessed. This meant that my Bitcoins went even further and it cost me $ 900. Let's be conservative and get $ 1090 higher.

The calculator on their site predicts that I will earn $ 2358 from my current $ 1,090 investment at Ethereum's current price ($ 223). This kind of turn makes me risk it.

Again, since I'm a long-term investor in both Bitcoin and Ethereum, I see this as a solid opportunity to diversify your portfolio and at the same time generate some passive income. Remember that cryptocurrencies are extremely volatile and can have a devastating effect on your potential profit. Do your homework first. If you are a long-term investor in Cryptocurrency, it seems like a worthwhile game.

Things that look good for cryptocurrencies

Although there are market adjustments in the cryptocurrency market in 2018, everyone agrees that the best is yet to come. There are many activities on the market that can change the tide for the better. Anyone investing in cryptocurrency with the right analysis and the right dose of optimism can earn millions from it. The Cryptocurrency market is here to stay for a long time. Here in this article we present five positive factors that can drive cryptocurrencies to further innovation and market value.

1. Innovation in the field of measurement

Bitcoin is the first cryptocurrency on the market. Has the maximum number of users and the highest value. It dominates the entire value chain of the cryptocurrency system. But it's not without problems. Its main difficulty is that it can handle only six to seven operations per second. By comparison, credit card transactions averaged several thousand per second. Apparently there are opportunities to improve the scale of operations. With the help of peer to peer to Transaction networks, blockchain technology can increase the amount of transactions per second.

2. Legal ICOs

While there are cryptocurrencies with fixed value on the market, new coins are being created that serve a specific purpose. Coins like IOTA aim to help exchange power currencies in the Internet Things market. Some coins are addressing cyber security issues by providing cryptocurrency digital cash desks.

New ICOs offer innovative solutions that disrupt the existing market and bring new value to operations. They also gain access to the market with easy exchange and reliable return transactions. The stock exchange is also technologically innovative in the use of special equipment for mining and financial markets, giving investors greater freedom and choice.

3. Clarification on regulation

In the current scenario, most governments are exploring the impact of cryptocurrencies on society and how their benefits will be communicated to the community. One can expect reasonable results from the research.

Many governments, like any other market, are pursuing the legalization and regulation of cryptocurrencies. This will prevent ignorant retail investors from losing money and protect them from losses. The abling regulations that boost Cryptocurrency growth are expected to appear in 2018. This will open the way for further expansion

4. Increase in application

Almost every document has great motivation for the application of blockchain technology. Some startups have digital wallets, debit cards for cryptocurrencies, and so on. They act as innovative solutions. This, in turn, will increase the number of traders seeking to trade with cryptocurrencies, which increase the number of users.

As a result of people's trust in the system, the reputation of cryptocurrencies as an operational environment will be strengthened. While some startups have survived, it will have a positive impact on the overall health of the market, creating competition and innovation.

5. Investment from financial institutions

Many international banks are following the cryptocurrency scene. This could lead to institutional investors entering the market. The influx of significant institutional investments will push for the next phase of cryptocurrency growth. It has captured the dreams of many banking and financial institutions.

As surprises and problems around cryptocurrencies become less common, more and more investors will be drawn to traditional investors. This will result in a lot of the dynamic and liquidity needed for any growing financial markets. Cryptocurrency will be the defacto currency for transactions around the world.

Bitcoin: Hyped as All Will Be?

If you spent $ 27 on Bitcoin when it was created by Satoshi Nakamoto in 2009, your investment will now be more than $ 37,000,000.

Bitcoin, regarded as the largest investment vehicle of all time, saw an increase in meteor in 2017 from $ 777 to $ 17,000 along the way.

Bitcoin, which has freed its financial institutions by making millionaires from opportunistic investors, has responded to its critics at every stage this year, and some think it is just the beginning.

On December 10, Bitcoin futures allow investors to enter the Bitcoin market for a first time through a highly regulated US exchange, signaling that we have just started.

The reason Bitcoin is so valuable is because it is so up-to-date. There will be up to 21 million Bitcoins, and unlike normal fiat currencies, you can't print more of them at any time. The reason for this is that Bitcoin works on one piece of work protocol: to create it, you need to minimize it by using computer processing power to solve complex algorithms in the Bitcoin blockchain. Once you do this, you will be rewarded for your "business" with Bitcoin. Unfortunately, your mining premium has declined almost every year since the creation of Bitcoin, which means that for many people, the only possible way to acquire Bitcoin is on the stock exchange. Is it worth taking a risk at today's price levels?

Many believe that Bitcoin is just a foam. I spoke with Duke Randal, a cryptocurrency specialist and long-time investor who thinks the asset is overvalued: "I would compare it to many supply and demand bubbles like Lala Mania in the Netherlands and the late 90s. Bitcoin & # 39; You see, it is embarrassing. "For those who don't know, the com com is a period between 1997 and 2001 when many internet companies were established and overly optimistic. Estimates based on the assumption that Bubble began to collapse in the early 2000s, which subsequently dropped 80-90%. Some companies, such as eBay and Amazon, have recovered and are now sitting much longer than these reviews, but for others it's the end.

Bitcoin was originally created to take power from our financial systems and control people with their money, cut the average person and enable peer-to-peer transactions. However, it is now one of the slowest cryptocurrencies on the market, sliding four times faster than Litecoin, the fifth largest cryptocurrency, and its nearest competitor for payment solutions. Immortal privacy coin Monero, with a block average of just two minutes, has about one-fifth of the time Bitcoin can do this, and makes these transactions faster without anonymity. Ethereum, the world's second-largest cryptocurrency, has a higher transaction volume than Bitcoin, although Bitcoin costs only $ 676 per $ 166 compared to Bitcoin.

So why is Bitcoin worth so high? I asked the same question to Duke Randala. "It's all back to the same supply and demand economy, with relatively little Bitcoin, and recent price increases have attracted a lot of media attention, with the launch of Bitcoin futures that many see as the first. Bitcoin is widely accepted by the mass market. As with any asset, prices go up when it is more demanding to sell. New investors are entering blockchain and the market is likely to burn without understanding the basic principles of these currencies. "

Another reason is that Bitcoin is so volatile that in less than a minute it has been found that thousands of dollars are swinging up or down, causing less experienced investors to panic and lose, if you don't get used to it. This is another reason why Bitcoin will struggle to accept it as a form of payment. Bitcoin prices can vary significantly between vendors' time to buy Bitcoin and exchange for local currencies. This erroneous move can erase all their profitability. Will this instability disappear anytime soon? Most likely: Bitcoin is a relatively new asset class, and despite increasing awareness, only a small proportion of the world's population owns Bitcoin. The volatility will continue until it becomes wider and liquidity improves significantly.

So if Bitcoin is really useless as a real currency, what are their applications? Many believe that Bitcoin has become a repository of the value of being a paid form. Bitcoin is like "digital gold" and will only be measured and used as a criterion for other cryptocurrencies and blockchain projects. In recent times, high-inflation countries, such as Zimbabwe, have stories about how much wealth Bitcoin is getting, rather than seeing its centralized banking system fall in value.

Is it too late to participate in Bitcoin? If you believe in what these cryptocurrencies will do for the world, it's never too late to get involved, but because Bitcoin's value is so high, it is now a boon for some of them. You can do better than look at Ethereum, which has reached Litecoin 6908% a year or an incredible 7521% a year. These new, faster currencies are hoping to achieve first to rebuild Bitcoin in 2009 and to replace the government-run fiat money.

Who knows what the value of these currencies will be in ten, fifteen, or twenty years? Although it is clear, we close ourselves better so we can go for a wild ride.