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Category Archives: Cryptocurrency
Dash (cryptocurrency) – Wikipedia, the free encyclopedia
Posted: March 29, 2016 at 3:44 am
Dash (cryptocurrency)
Official Dash logo
Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency that uses a system called Darksend to add privacy to transactions.[1] It was rebranded from "Darkcoin" to "Dash" on March 25, 2015, a portmanteau of "Digital Cash".[2]
One of the features of Dash is decentralized governance of the network, making it a decentralized autonomous organization.[3] Token fungibility and user transaction privacy is another feature,[4] which is provided by a service called Darksend, a decentralized coin-mixing service provided by the network.
Dash uses a chained hashing algorithm approach called X11 for the proof-of-work. Instead of using the SHA-256 (from well-known Secure Hash Algorithm family) or scrypt it uses 11 rounds of different hashing functions.[5] The main reason for X11, was to duplicate the maturation cycle of the mining economy, which was originally important to Evan Duffield.
As of 2016, Dash is among the top-5 most popular cryptocurrencies.[6]
Darksend is a coin-mixing service originally based on CoinJoin. Later iterations used a more advanced method of pre-mixing denominations built into the user's wallet. The implementation of Darksend also allows masternodes to submit the transactions using special network code called DSTX,[7] this provides additional privacy to users due to the deadchange issue present in other CoinJoin based implementations such as DarkWallet and CoinSuffle.[8]
In its current implementation it adds privacy to transactions by combining identical inputs from multiple users into a single transaction with several outputs. Due to the identical inputs, transactions usually cannot be directly traced, obfuscating the flow of funds.
Darksend's mixing is performed by Masternodes, servers operating on a decentralized network which have the responsibility of signing the transactions. For each round of Darksend, the user selects two to eight (or even more) rounds of mixing which vary the degree of anonymity achieved. Random Masternodes are then elected to perform the coin mixing. Masternodes are trust-less cryptographic technology, in the sense that they cannot steal user coins, and the combination of multiple Masternodes ensures that no single node has full knowledge of both inputs and outputs in the transaction process.
To avoid the possibility of sybil attack, a process where a peer-to-peer network is overtaken by "bad actors", collateral requirements have been added to the process of joining the Masternode network second tier. These are presently 1000 DASH [9] and allow secure network communication in via signed messages. As an incentive for operating a Masternode, chosen nodes currently earn 45% of the mining rewards.[10]
InstantX is a service that allows for near-instant transactions. Through this system, inputs can be locked to only specific transactions and verified by consensus of the Masternode network. Conflicting transactions and blocks are rejected. If a consensus cannot be reached, validation of the transaction occurs through standard block confirmation. InstantX purportedly solves the double-spending problem without the longer confirmation times of other cryptocurriencies such as Bitcoin.[11]
X11 is a hashing algorithm created by Dash core developer Evan Duffield. X11s chained hashing algorithm approach utilizes a sequence of eleven cryptographic hashing algorithms for the proof-of-work. This is so that the processing distribution is fair and coins will be distributed in much the same way Bitcoins were originally.[citation needed]
With chained hashing, high end CPUs give an average return similar to that of GPUs. Another side effect of the algorithm is that GPUs run at about 30% less electrical power than scrypt and 30% to 50% cooler, putting less stress on the computing setup and ensuring lower energy bills for miners.[12]
Dark Gravity Wave (DGW) is a mining difficulty adjustment algorithm created by Dash core developer Evan Duffield to address flaws in Kimotos Gravity Well. It uses multiple exponential moving averages and a simple moving average to smoothly adjust the difficulty, which is re-targeted every block. The block reward is not adjusted strictly by block number, but instead uses a formula controlled by Moore's law: 2222222/((Difficulty+2600)/9)2.[13][14]
Dash is the first decentralized autonomous organization powered by a Sybil proof decentralized governance and funding system.[3] DGBB or Decentralized Governance By Blockchain as it's called is a decentralized process by which the network determines where money is spent. Each Masternode operator is given the ability to use 1 vote on each governance proposal, which is a completely open and decentralized process.[15] Community interaction with proposal submitters is done usually through community driven websites, like DashWhale.[16] These websites allow proposal submitters to provide multiple drafts, then lobby for community support before finally submitting their project to the network for a vote. After the submitter has enough support, the network will automatically pay out the required funds in the next super block, which happen monthly.
Although, only in use a few months, the funding system has seen growth of it's month revenue, from originally ~$14 thousands in September 2015, to nearly $30 thousands in March 2016.[17] Eventually the budget system can theoretically scale to $9M per month at a market cap of $500M.[18]
Since it's inception, the project has used the system for important assets like acquiring dash.org,[19] adoption into the Lamassu ATM[20][21] and the Dash N' Drink instant soda machine,[22] along with funding many public events.[23][24][25]
Masternodes utilize a cryptographic bond model, which results a supply and demand market between the interest rate Masternodes are paid and the risk of holding the underlying asset. Early on in the history of the asset, the high return caused a massive uptake of Masternodes, starting from about 500 in Oct 2014 and increasing to 3650 in March 2016.[26]
Dash was originally released as XCoin (XCO) on January 18, 2014. On February 28, the name was changed to "Darkcoin". On March 25, 2015, Darkcoin was rebranded as "Dash".[2]
I discovered Bitcoin in mid 2010 and was obsessed ever since. After a couple of years in 2012 I started really thinking about how to add anonymity to Bitcoin. I came up with maybe 10 ways of doing this, but I soon realized that Bitcoin would never add my code. The developers really want the core protocol to stay the same for the most part and everything else to be implemented on the top of it. This was the birth of the concept of Darkcoin. I implemented X11 in a weekend and found it worked pretty well and it would give a completely fair start to the currency. What I really was aiming for with X11 is a similar development curve where miners would fight to create small advantages much like the early start of Bitcoin. I think this a requirement to create a healthy ecosystem.
Within the first hour of launch, approximately 500,000 coins were mined, followed by another 1,000,000 coins in the next 7 hours and finally another 400,000 in 36 hours. All told 1.9 million coins were mined in 48 hours, or approximately 32% of a current supply (as of October 2015) of approximately 5.9 million,[28][29] generating controversy regarding the initial distribution of coins. According to Duffield, this was the result of an error in the code "which incorrectly converted the difficulty, then tried using a corrupt value to calculate the subsidy, causing the instamine".[30] At the time, Duffield was working a full-time job and coding for Dash on the side, so it's not surprising that there were errors in the initial code.[30] Duffield claims in the official bitcointalk.org thread (mirrored) that "Dash has no premine and was fairly and transparently launched".[31]
At the time Dash (then called Xcoin) was launched, the cryptocurrency space was riddled with scams. People were creating new currencies, hyping their value, then dumping them and abandoning the project. Many likely feared the same for Dash. However, since Dash's launch, there has been over two years of development, leading to a cryptocurrency that has over 50 volunteers and has solved such vexing issues as slow confirmation times, block size increases, decentralized governance, and a self-funding development budget.
According to CoinMarketCap, in March 2016 the daily trade volume of Dash was ~1% of the total trade of all cryptocurrencies,[32] and the market capitalization of Dash was ~40 millions of US dollars.[33] Since then, Dash has become the most active community on BitcoinTalk reaching nearly 6000 pages, 118k replies, 5.9M reads.
Zerocoin and Cloakcoin also have built in the mixing services as a part of their blockchain network.[34]
The Dark Wallet client software for bitcoin was built to natively mix transactions between users.[35]
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CryptoJunction: Cryptocurrency News, Prices, Charts …
Posted: March 28, 2016 at 12:42 pm
News
Andrey Zamovskiy from Ambisafe has raised his concern on the Ethereum forums about the rising gas price. Ambisafe is a company that created the first live Ehtereum currency, Elcoin and is currently building the next government voting system for Ukraine using the Ethereum blockchain. According to Andrey large-scale decentralized applications need fast confirmation times and
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In the Bitcoin space ASIC miners has dominated the scene since early 2013. ASIC chips vastly improves hash-rate generation and thus becomes more competitive than its counterparts , and . Until now we have only seen ASICs being produced for SHA256d and Scrypt mining algorithms. When it comes to DASH mining the ASIC chips has
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So you have installed your mobile bitcoin wallet from blockchain.info and now you want to learn how to use it. Blockchain.info is an extremely simple application to use. In this tutorials we will go over how it all works and what all buttons and features are for. Type in the 4 digit pin code that
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So you have decided that you want to start use Bitcoin, what a better way to start using bitcoin than on your mobile phone. You can carry it around, pay for day to day stuff and show your friends what this magic internet money really is. Blockchain.info provides a online mobile wallet where you control
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Lisk is a decentralized application and sidechain platform, providing a full stack solution for the most widespread programming language in the world JavaScript. Lisk aims to provide one of the best cryptocurrency user experience with its easily manageable user interface and its integrated Dapp Store. Lisk is prepared to become the de facto standard
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NeuCoin is a decentralized cryptocurrency designed for online microtransactions. NeuCoin aims to reach mainstream adoption by strategically distribute and reward participants in the ecosystem. The cryptocurrency has 2.25 million of initial funding from its founders and strategic angels that will help NeuCoin forge strategic partnerships and drive consumer adoption further. In-App Tipping NeuCoin Value Cykle
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SimpleFX is a robust online trading provider, offering trading with Forex CFDs on Bitcoins, Litecoins, indices, precious metals and energy. With their mission and motto keep it simple! SimpleFX has set out to change the way people trade Forex and cryptocurrency. SimpleFX currently provides over 60 currency pairs with no minimum depostist to be traded
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Poloniex is a cryptocurrency exchange, founded in 2014 and based in Montana, United States. The service is very similar to other cryptocurrency exchanges like Bittrex & Cryptsy as it focuses on altcoins and only offers cryptocurrency exchange options. Currently Poloniex covers more than 170 trading pairs with Bitcoin (BTC) as a base and another 15
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Mining pools are a common tool used by cryptocurrency miners to stabalize and maximize their payouts. What is it like to run one? How much can you make? What are the capital requirements? Co-founder of ProHashing Steve Sokolowski tells all. This video is brought to us by Amanda B. Johnson and TheDailyDecrypt, a Monday to
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It is only in the real world meatspace that we currently work and trade for lifes necessities of food, shelter, clothing, etc. Because in-game currencies and basic virtual reality software/hardware already exist, would sufficient blockchain-based advances enable the transfer of scarce digital property within virtual reality? The video was brought to us by
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If you are into cryptocurrency you probably have heard about Ethereum by now. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In many ways Ethereum is how the Internet was supposed to work. Free, open and uncensored.
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While many people have some thing to say about Bitcoin, one can simply not portrait or foresee the full picture of what it will become. This can be said about all open source software. Open source code is not a one mind creation. Its ideas and code that is added, subtracted and iterated to be
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MyEtherWallet.com is a Ethereum web wallet developed by kvhnuke and tayvano. The wallet is currently in beta mode and the use of small amounts of Ether is advised. Security Measures & Application Behavior Control Over Your Money The MyEtherWallet.com wallet gives you full control over your Ether. This means no third party can freeze or
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EthereumWallet.com is a Ethereum web wallet developed by kryptokit. The wallet is currently in beta mode and the use of small amounts of Ether is advised. Security Measures & Application Behavior Control Over Your Money The EthereumWallet.com wallet gives you full control over your Ether. This means no third party can freeze or lose your
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BitNation is a decentralized governance platform that provides individuals with common government services ranging from identity (proof-of-existence), voting, business registration, insurance, and dispute resolution. BitNation is built on top of the Bitcoin and uses Bitcoin as the currency for paying for these services. An example where BitNation could be used is in land and ownership
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A decentralized social networking app built on Counterparty.
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Alleged cryptocurrency scam took in $21Mwith nominal …
Posted: March 26, 2016 at 3:43 am
Further Reading In a new report, the court-appointed receiver assigned to investigate an alleged cryptocurrency scam has found no evidence of "any legitimate Gemcoin or other viable business."
In October 2015, the Securities and Exchange Commission announced that it had sued a Southern California company over an alleged Ponzi scheme resulting in a loss to investors of at least $32 million. If the governments accusations are correct, that would make Gemcoin one of the largest digital-currency-based financial schemes ever.
Thelawsuit came days after the United States Marshals Service and the Arcadia Police Department froze assets and raided corporate officesin Arcadia, north of downtown Los Angeles. Alliance Finance Group and its assets were promptly put into the hands of a court-appointed receiver, whose job it remains to examine what went wrong.
Numerous online promotional videos in many languages claim that Gemcoins parent company Alliance Finance Group and subsidiary United States Fine Investment Arts (USFIA) controlled $50 billion in amber mine assets in Latin America. The companies touted the fact that because Gemcoin was "backed" by these amber mines, this cryptocurrency had inherent value.
According to the February 2016 report, the receiver, Thomas A. Seaman, located over $21 million in gross receipts through the end of 2015. He wrote:
At this point, due to the volume of electronic data and disorganized manner in which it was kept by the Receivership Entities, the Receiver has not yet been able to identify the entire scope of the USFIA enterprise, the number of investors, or specific amounts invested by investors and distributed to them. The Receiver's work to analyze and better understand the investor data, with the assistance of his forensic computer specialist, is ongoing.
Aside from some income generated by the hotel and rental properties, the Receivership Entities had no significant source of income other than money raised from investors. The Receiver has verified that virtually none of the assets described in online and written marketing materials actually exist. Instead of mines located around the world, millions of dollars in precious gems, and houses and cars available to be awarded to investors, the Receiver has found only costume jewelry, boxes of rocks, and bins filled with tens of thousands of little rings of nominal value.
Steve Chen and the companies associated with Gemcoin also face a proposed class-action lawsuit on behalf of alleged victims filed in state court in Los Angeles.
The lawyer who brought the state case, Long Liu, did not immediately respond to Ars request for comment.
"Before it was just speculation, but now we have concrete evidence to show where the money went and how it was transferred," Liu told the Pasadena Star-News this week. "All of these companies were set up to defraud investors and to hide the money."
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Badbitcoin.org – Helping you stay Safe in the World of …
Posted: March 20, 2016 at 12:45 pm
Bitpyramid.ml "Don't trust us?" Er, no we don't actually. All ponzi's are scams. 3/19/16
Organica.fund They do like a different theme for these hyips, here's another one. 3/19/16
Bitcoinx10.yolasite.com Dirty deeds done cheap. Freehosted fraud. 3/19/16
Bitcloner.com A doubler fraud using this domain was inevitable. 3/19/16
Ultimabitcoin.com A very worn out style of hyip scam. 3/16/16
Instantgenuinepaying.com Instantgenuineloseyour.bitcoin 3/16/16
Double-btc.info What have we told you about btc multipliers? They are ALL scams and there are NO exceptions. 3/15/16
Envestrade.com Another hyip/fraud to add. 3/15/16
Bitmines.info Just another ponzi fraud. 3/15/16
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Topmine.io Yet another fake mining scheme. There are no special algorythms, just a ponzi. 3/15/16
Btcshares.org If you want btc shares, buy some btc, then you have a share. Simple. 3/15/16
Free-shares.com These may be the most expensive free shares you've ever (never) received. 3/15/16
Hyip.com But seriously, hyips are scams - pure and simple frauds, so this site takes the biscuit. 3/15/16
Mybtc.bid I'm starting to get double vision - probably the safest way to double my wealth. 3/12/16
Nelektronicy.pl Yet another attempt at a scam doubler. 3/12/16
Nexus-investments.com If these serial thieves had any sense, they'd stay away from bitcoin, then we wouldn't bother them. 3/10/16
Btcsinon.com Don't let this hyip/fraud fool you. Just lies and more lies. 3/10/16
Earntory.com What an odd site title, and that is the best part. 3/8/16
Investmega.com This scam looks like it was put together by an idiot, but we'd better list it in case a bigger idiot sees it. 3/7/16
X10multiplier.com Only in your dreams does bitcoin double. 3/7/16
Bitboom.info Boom, and your bits are gone. If Cillit did bitcoin scams.... 3/7/16
Btc-e.black The old worn out 'flaw in the blockchain' better known as the Bitatt scam. 3/7/16
Fxacc.com A hyip/scam from the usual offenders. 3/6/16
Rixosfinance.com Just another faker after your dosh. 3/6/16
Bitcoinside.com Don't risk it. You don't need to, there are plenty of legit exchanges 3/6/16
Bitcoin-ex.com Or Ex-bitcoin? 3/3/16
Mybitcoinmania.com Don't download that malware from these crooks. You will sorely regret it, Gen:Variant.Strictor.101663 3/3/16
Hourlytim.com He's a busy boy is young Tim, avoiding Jail. 3/3/16
Bitsdoubler.me.pn Seriously, does anybody still fall for these multiplier scams? 3/3/16
Fastcury.com If you want a fast curry, order one from your local takeaway. Dodgy doesn't even begin to describe this amateur fraudster. 3/3/16
Crypto-investment-experts.biz & Swiss-cryptocurrency-experts.com A free Cuckoo Clock for every sucker. 3/3/16 & 2/18/16
Slushcoin.com Your bitcoin may as well be slush if you send it to this faker. 3/1/16
Profitown.com Another hyip/fraud 3/1/16
These are just the most recent badsites. Click below for these and more Cryptocurrency badsites In alphabetical order.
** Important Announcement** The wife of our admin has just undergone a double organ transplant, and so updates and personal responses to emails will be a little erratic for a few weeks. Please bear with us during this unusual but amazing time. Thanks.
The Badbitcoin project was launched in Feb 2014. "The Badbitcoin Team" is made up of volunteers worldwide, and we welcome new contributors and sponsors.
You may read negative comments about this project, but this is the scammers only route to fight back, and a great many of these scammers are the same people who are Senior, and Gold members of forums. Forums relating to bitcoin are the best source of conflicting information ever invented, which is why we keep it plain and simple, we tell you it's a badsite, and thats all you need to know.
It's really easy to misunderstand the bitcoin environment when it's all new to you, and it will take you some time to grasp some of the rules and concepts. This leaves you vulnerable to the swathes of scams and ponzis that try to lure you into their promises of easy money, and doubling or even 100 times multiplying your new 'Magic Internet Money' It doesn't work like that. It isn't magic, it's just very efficient, very secure, and much sought after by thieves the world over. If you have bitcoin, you need to learn to look after it, or these crooks will soon take it from you.
Don't make it easy for them. Contribute by reporting suspect sites when you find them, and we'll do the rest. You can also help by donating bitcoin or litecoin to the project, and If you run a website or blog, you could add a link to this project and help spread the message. We have banners and logos to suit.
That's it - nothing to add, nada.
To report Internet Fraud to IC3 - Click Here To report Internet Fraud to the FBI anonymously - Click Here To report Internet Fraud to the UK Police - Click Here
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You can help us to help others by making a donation to this project. However modest, it will help us to continue. We spend nearly all of the donations on advertising in the same space as the scamsites, so we can reach and warn the most users. We also use some expensive investigation tools, but we all give our time for free.
A Ponzi is any scheme which pays interest to "Investors" from Bitcoin coming in from new Investors. A HYIP (high yield investment program) is just a Ponzi. All Ponzi/Hyips will fail The later Investors will lose everything when the scheme folds and leaves with the Bitcoin. Most HYIPS just steal it immediately - Due diligence is your own responsibility. There are plenty of good sites out there where your Bitcoin and your work are safe. You just need to do your homework, including checking here. If it isn't in our Badlist, email us, and we'll check it and get back to you.
Heres the psychology behind the typical ponzis & HYIP's run by the professional scammers. They know most people will do this.
You deposit a small amount, you want to be cautious, you cant quite figure out how they do this but they double it (or pay promised interest) and pay you. You think Ah thats great, so you either redeposit the entire amount, or just your profit. You get that back and think wow, it works, so you deposit a much larger amount and in the worst case, even get your friends involved in this wonderful money making scheme.
Then one day it doesnt get returned there is some issue with your account, or your withdrawal is stuck or something similar, so you keep emailing the site and gradually it dawns on you that youve been scammed.
Even if you just put your initial profit back in, the conman hasnt lost anything and the depositors who think they are playing the ponzi do try that, and most of them dont get it back either.
Some people empty their savings into these scams, and they are the ones the scammers are really after. Once they get that big depositor, they move on and create a new ponzi, just leaving the old one alive for a while to mop up any new mugs Some even return after a 3 or 6 month absence to catch a fresh load of hits, they will never run out of victims. Its what they do, and they are expert at it.
Declaration of Interests. We c
urrently have personal and project investments in VIP and Mining shares at Miningsweden.se, and mining shares at Hashnest We would not invest in anything we considered to be a Ponzi or Scam. As a project, we are not directly funded by any organisation and depend on ad revenue, our own, and other donations, and our external investments. We also provide links including referral links to trusted 3rd party sites, not including advertisements beyond our control. Updated August 2015 PS - As a friendly tip, we probably aren't the people to generally ask about good bitcoin investments. We are pretty good at what we do, but so far, like yourselves no doubt, we aren't really that succesful when it comes to our own investments. Mintsy being our latest fail.
The high costs of running this site are helped by adverts. We also have to advertise in the same places as the scamsites. We have little control over the content, and consequently we do not directly endorse any advert. Some adverts will even appear in our Badlist. But at least the Bitcoin they spend on ads is coming back into the Bitcoin Industry.
Footnote. The evolution of society beyond the demise of the failed capitalist neo-liberal experiment, first needs the evolution of it's means of trade and exchange. The current financial system, and system of fiat currency, is not fit for present or future purpose, and for all intents and purposes is already obsolete. Bitcoin is our first financial step towards a fairer, more benefecial society for all. Bitcoin is incorruptible, decentralised, concensus led, and above the influence of conventional politics and economics. A parallel currency with which you can begin to trade, and no middleman to take their slice or to gamble with your asset. When you deposit money to a Bank, it becomes the Banks property to do with what they choose, bitcoin is different, and you are your own Bank. It is up to you to take care of your bitcoin, and also to use it, not hoard it, and to be an important part of helping to build this fair and open global society. Bitcoin is worth what somebody is prepared to exchange it for, be that USD, Yuan, PC-hardware, Webhosting or anything that 'money' might buy. You can even get a bitcoin Debit Card. However, the bitcoin Blockchain, and it's potential is a much much bigger subject.
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Definition of Cryptocurrency | Coin Pursuit
Posted: March 8, 2016 at 9:43 pm
What exactly is cryptocurrency, how did it get its name, and how is it coded? Take a look at Coin Pursuit's plain-English definition of the term.
When you see the word root crypto in the English language, it comes from the Greek, meaning hidden or private. From it, we get words like encryption and decryption, which relate to the coding of a message, and its decoding once it's received. Even the English word cryptwhich uses the Greek root in its purest formrefers to a private hiding place, a sanctuary for the remains of a loved one.
Cryptocurrency, then, means money that is made hidden and privateand therefore secureby means of encryption, or coding. All aspects of cryptocurrency are protected by long and complicated blocks of code, each of which is unique to the item or person it's protecting. As an investor, or someone taking part in a transaction, you're identified by a one-of-a-kind code, as is the person or company with whom you're doing business. Each coin of cryptocurrency itself has its own code, and smaller denominations have their own, as well, depending on what amount is needed for a transaction. Finally, the transaction itself is identified with its own code. Layer upon layer of encryption is one of the things that makes cryptocurrency unique, secure and anonymous, if you so choose. And all that coding and concealment is what gives cryptocurrency its apt name.
As is true in any technical field, the industry of cryptocurrency not only has its unique jargon, but often terms that have synonyms that are used interchangeably. Therefore, we'd like to clear the air on that specific point right here: when you see the terms digital currency or alternative currency hereor in any other source, for that matterthose are just additional terms for cryptocurrency. As a matter of fact, you'll more than likely see digital currency used more often, as it has a less-technical and more user-friendly feel to it.
Next Introductory Topic: Cryptocurrency Origins
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Cryptocurrency Analytic Company: Arbitrage – Bitcoinist.net
Posted: at 9:43 pm
We started early stage testing on our system around November of 2013. During the period of November to January our company took on about five clients for our Alpha period. After a successful alpha period, we incorporated in early January as a Delaware C corporation. We then began our beta period, where we have been open to clients for services.Since then we have added 10 more clients, and continue taking on about one client every week or two weeks. We began with one market pair(bitstamp vs btc-e using BTC) and have since expanded our selection of markets to four, with each pair able to connect to each of the other exchanges ( ie bitstamp vs bitfinex, bitstamp vs kraken, ect).
Allow me to answer number 3, which will take care of the Ponzi scheme question. Suffice to say we are MUCH different than any other tradingpool or fund that directly takes BTC from their clients.
Our system was designed by myself to get around a few problems that exist in the field of Bitcoin proprietary trading:
Here is how we address all of those concerns:
The risk factors are holding your BTC or LTC on an exchnage, whichshould be profiled before trusting them. The second risk factor isholding BTC as 50% of your portfolio, which may change in price to thedownside, but may also change in price to the upside. Our trading itselfintroduces no risk as when it buys 1 BTC it also sells 1 BTC. For amarket neutral position. If our models are very off during trading wemay lose money to exchange fees, but our system is designed so that thishas never happened, and foreseeable will never happen.
We are able to consistently execute this strategy because once anaccount is set up we are 100% automatic. Our system is well tested andhas an excellent tech team backing it for great up-time.
Currently we are operational, are taking new clients, and have fourmarket open for trade including Bitstamp, Bitfinex, Btce, and the newlyintroduced Kraken. In our older markets pairs in BTC we have beenshowing between 2-4 % a month from the USD deposited. Our newestaddition has been the same trade in LTC and it has blown by expectationsreturning over 8% in its first month of operations.
Our future development plans include an event that should behappening very soon. We hope to introduce a full client log-in, withpersonalized returns displayed with live data. This already under heavydevelopment and should be released at the end of July. For people interested, you many want to know a minimum of $5000 is required per account. Also, they charge a fee of 20% monthly which is payable via USD or Bitcoin. Do note during their trial period its only 15%.
For more information visit :https://www.cryptocurrencyanalytics.com/Photo Source: Bing Images
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Cryptocurrency Analytic Company: Arbitrage - Bitcoinist.net
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A Complete Guide for CryptoCurrency Investors & Traders …
Posted: at 9:43 pm
There's so much noise, so much chatter, so much conflicting information out there about the world of digital currency. Even people who are used to investing can find their heads spinning as they try to sort out all the information they're bombarded with about cryptocurrency. And if you're new to investing, wellit can be downright confusing and intimidating. If only there was an unbiased source of clear information a potential investor could really use, a place to sort the facts from all that noise.
Look no further, folks; you're there.
Coin Pursuit was created with one goal in mind: to help the alternative currency investor navigate the minefield of information that's swirling around this new and robust industry. We're investors ourselves, and we discovered early on just how difficult it was to find straightforward info about even the basics of investing. The facts are out there, but they're scattered all over the Internetand they're often drowned out by people with skin in the game who have agendas and products to market. We realized the average investor doesn't have hours and hours of spare time to scour the web for the facts they need. We also saw the need for a comprehensive and thoroughly-researched site that could be bookmarked and referred to by both the new and experienced investor alike.
From this perceived need, Coin Pursuit was born. We'll be doing thorough research, and will sort out the facts from the rumors. The information we find will be put into clear and easy-to understand language, and will be passed along to you. We'll cover the full spectrum of the cryptocurrency industry, from its basic concepts to its most current trends. Here, you'll also find links and details about all the resources you'll ever need to make your investment experience enjoyable andhopefullyprofitable.
There's also another way we're helping traders cut down on the noise and distractions they often find online, and that's our exclusive and interactive SliceFeeds portal. Those of you who use Twitter or Facebook, or try to sort through the content on forums or sites like Reddit, know it can take a lot of time as you try to locate a specific piece of information, or connect with one person directly. SliceFeeds eliminates all that hassle by concentrating all your contacts and cryptocurrency information in one place. Its network is divided into three easy-to-use sections: the network page shows statistics at a glance; the feeds page displays updates as they happen; and your profile page allows you to customize your own personal network-within-the-network. Members will also be able to monetize their unique contributions to the community; for example, bloggers can offer subscriptions (payable in digital currency, of course) for access to their exclusive content, and merchants will be able to advertise their companies and products through SliceFeeds, as well. With SliceFeeds, the days of sorting through dozens of unrelated tweets and forum posts are over; you'll be able to find the digital currency info you need, when you need it.
It's our mission to be the most expansive and expanding resource for digital currency information. And that means fresh information, so stop by often; we're constantly updating our content. So, if you've just got a casual interest in alternative currencies, or you're a hardcore investoror if you fall anywhere in betweenCoin Pursuit will be your trusted resource.
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A Complete Guide for CryptoCurrency Investors & Traders ...
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Cryptocurrency Data Directory (Coins A-Z) – Crypto Junction
Posted: at 9:43 pm
NeuCoin is a decentralized cryptocurrency designed for online microtransactions. NeuCoin aims to reach mainstream adoption by strategically distribute and reward participants in the ecosystem. The cryptocurrency has 2.25 million of initial funding from its founders and strategic angels that will help NeuCoin forge strategic partnerships and drive consumer adoption further. In-App Tipping NeuCoin Value Cykle
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On the 19th of July 2014 the Shadow Project sprung up from a group of like-minded people that wanted to anonymize and decentralize trade and communication. With that mission in mind they started to create the next truly anonymous and decentralized platform with components to facilitate just that. The open source project is now in
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GameCredits is a cryptocurrency that seeks to merge the gaming industry with a socially interchangeable token ideal for in-game currency, play money and boundless applicable implementations. The GameCredits API provides developers and gamers with robust in-game monetization options that are not bound by national borders. GameCredits Foundation Unified Governing Structure Team behind GameCredits consists of
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In many ways Ethereum is how the internet was supposed to be. Free, open and uncensored. In some aspects its design is very similar to Bitcoin. Miners hash blocks
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Viral is the worlds first decentralized and fully native social advertising platform. Participants in the Viral network allow high quality, targeted advertising into their social network feeds and receive 100% of the generated revenue. Earnings are weighted by the quality and reach of their social network on Twitter (and other social networks in the future).
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Nxt is a peer-to-peer cryptocurrency that was released in late 2013. Like most other digital currencies Nxt is decentralized, no one controls Nxt. It is free of the constraints and restrictions normally seen in traditional currencies. Unlike most other cryptocurrencies Nxt is not a fork of a previous coin such as Bitcoin. Nxt is the
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I/O Coin is a strong, secure, and easy-to-use cryptocurrency designed for mass market and merchant adoption. To achieve this, I/O Coin will focus their efforts on increasing overall ease-of-use and user experience. I/O Coin uses Proof of Stake (PoS) a concept that has expanded in recent years, including implementations such as Reddcoins proof-of-stake velocity and
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Stellar is a cryptocurrency based on technology that enables money to move directly between people, companies and financial institutions as easily as email. This means more access for individuals, lower costs for banks, and more revenue for businesses. News Videos Wallets Mining Exchanges Use Stellar Specs Stellar News & Articles (view all) Latest Stellar Videos
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Launched in May, 2014, Vericoin is a Proof-of-Stake Digital Currency that features a variable interest rate which fluctuates depending on how many coins are staking. As more coins are used to stake and support the network, the interest rate climbs. VeriCoin was created to specifically address the glaring issues other Digital Currencies were faced with.
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Primecoin is an innovative cryptocurrency, a form of digital currency secured by cryptography and issued through a decentralized mining market. Derived from Satoshi Nakamotos Bitcoin, Primecoin introduces an unique form of proof-of-work based on prime numbers, and is the first cryptocurrency in the world designed with scientific computing as its work. The innovative prime proof-of-work
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Cryptocurrency Data Directory (Coins A-Z) - Crypto Junction
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Definition of Cryptocurrency | Coin Pursuit
Posted: at 7:47 pm
What exactly is cryptocurrency, how did it get its name, and how is it coded? Take a look at Coin Pursuit's plain-English definition of the term.
When you see the word root crypto in the English language, it comes from the Greek, meaning hidden or private. From it, we get words like encryption and decryption, which relate to the coding of a message, and its decoding once it's received. Even the English word cryptwhich uses the Greek root in its purest formrefers to a private hiding place, a sanctuary for the remains of a loved one.
Cryptocurrency, then, means money that is made hidden and privateand therefore secureby means of encryption, or coding. All aspects of cryptocurrency are protected by long and complicated blocks of code, each of which is unique to the item or person it's protecting. As an investor, or someone taking part in a transaction, you're identified by a one-of-a-kind code, as is the person or company with whom you're doing business. Each coin of cryptocurrency itself has its own code, and smaller denominations have their own, as well, depending on what amount is needed for a transaction. Finally, the transaction itself is identified with its own code. Layer upon layer of encryption is one of the things that makes cryptocurrency unique, secure and anonymous, if you so choose. And all that coding and concealment is what gives cryptocurrency its apt name.
As is true in any technical field, the industry of cryptocurrency not only has its unique jargon, but often terms that have synonyms that are used interchangeably. Therefore, we'd like to clear the air on that specific point right here: when you see the terms digital currency or alternative currency hereor in any other source, for that matterthose are just additional terms for cryptocurrency. As a matter of fact, you'll more than likely see digital currency used more often, as it has a less-technical and more user-friendly feel to it.
Next Introductory Topic: Cryptocurrency Origins
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Definition of Cryptocurrency | Coin Pursuit
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A Complete Guide for CryptoCurrency Investors & Traders …
Posted: at 7:47 pm
There's so much noise, so much chatter, so much conflicting information out there about the world of digital currency. Even people who are used to investing can find their heads spinning as they try to sort out all the information they're bombarded with about cryptocurrency. And if you're new to investing, wellit can be downright confusing and intimidating. If only there was an unbiased source of clear information a potential investor could really use, a place to sort the facts from all that noise.
Look no further, folks; you're there.
Coin Pursuit was created with one goal in mind: to help the alternative currency investor navigate the minefield of information that's swirling around this new and robust industry. We're investors ourselves, and we discovered early on just how difficult it was to find straightforward info about even the basics of investing. The facts are out there, but they're scattered all over the Internetand they're often drowned out by people with skin in the game who have agendas and products to market. We realized the average investor doesn't have hours and hours of spare time to scour the web for the facts they need. We also saw the need for a comprehensive and thoroughly-researched site that could be bookmarked and referred to by both the new and experienced investor alike.
From this perceived need, Coin Pursuit was born. We'll be doing thorough research, and will sort out the facts from the rumors. The information we find will be put into clear and easy-to understand language, and will be passed along to you. We'll cover the full spectrum of the cryptocurrency industry, from its basic concepts to its most current trends. Here, you'll also find links and details about all the resources you'll ever need to make your investment experience enjoyable andhopefullyprofitable.
There's also another way we're helping traders cut down on the noise and distractions they often find online, and that's our exclusive and interactive SliceFeeds portal. Those of you who use Twitter or Facebook, or try to sort through the content on forums or sites like Reddit, know it can take a lot of time as you try to locate a specific piece of information, or connect with one person directly. SliceFeeds eliminates all that hassle by concentrating all your contacts and cryptocurrency information in one place. Its network is divided into three easy-to-use sections: the network page shows statistics at a glance; the feeds page displays updates as they happen; and your profile page allows you to customize your own personal network-within-the-network. Members will also be able to monetize their unique contributions to the community; for example, bloggers can offer subscriptions (payable in digital currency, of course) for access to their exclusive content, and merchants will be able to advertise their companies and products through SliceFeeds, as well. With SliceFeeds, the days of sorting through dozens of unrelated tweets and forum posts are over; you'll be able to find the digital currency info you need, when you need it.
It's our mission to be the most expansive and expanding resource for digital currency information. And that means fresh information, so stop by often; we're constantly updating our content. So, if you've just got a casual interest in alternative currencies, or you're a hardcore investoror if you fall anywhere in betweenCoin Pursuit will be your trusted resource.
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A Complete Guide for CryptoCurrency Investors & Traders ...
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