Major cryptocurrencies are getting stronger

If you are interested in digital art, you are on the right page. In this article, we will introduce Paul AKA: Bitmark. He is one of the best digital artists from Merseyside, England. For more than 5 years, he has been doing great things in the world of crypto space. Let’s learn more about him.

Over the past two years, Paul has shown great interest in 3D Art. According to him, he is a fan of all types of digital art. In addition, he has great respect for the talented artists he sees from time to time.

In fact, she draws a lot of inspiration from the talented artists she meets through social media accounts and a business website. So, if you want to contact Paul, you can visit his website. His website is a platform where he demonstrates his digital art and receives offers from interested buyers. So, if you want, you can look at his digital art collection on his website.

He created works of art for the NFT market, especially for social audiences and people who want to be a part of NFT. Most of these people had no idea how to do it. So, if you are one of these people, we suggest you contact him and he will guide you through the whole process.

If you are interested in digital art and want to have a few original works of his art, you can take advantage of the opportunity offered by Paul. The beauty of these works of digital art is that they can be bought for a fraction of the price of art set by competitors.

Bitmarque artwork does not have an unlimited supply of this digital artwork. Therefore, the demand for his works of art is high. In addition, it is a win-win deal for both buyers and the artist. If you own one of his digital works of art, you will soon see the value of your investment increase.

So, if you want to watch Bitmarque’s next work of art, we suggest you sign up for its mailing list. If you register, you will receive a notification of his new work of art at least two days before the deadline.

As for the startup, most of his artwork is on Mintable. In addition, there will be only two collections per year. Release dates have been postponed due to the ongoing pandemic.

The quarantine regime in the UK was scheduled to be lifted on July 19. Therefore, Paul decided to present his next collection as soon as quarantine was lifted. Therefore, if you want to be part of the list, we suggest you send an email to Paula. You will receive an email two days before the start. This will give you a chance to buy one of his works of art.

Finally, there is nothing to worry about with these delays. Bitmark works on art forms during locking. We hope that they will release two collections by the end of this year.

In short, if you want to know more about Bitmarque, we suggest you take a look at the website that showcases their new collections.

If you want to be more active and engaged in the blockchain era, it’s time to be part of a supportive cryptocurrency community. But before you do that, you must learn about communities.

1. Bitcoin (BTC) Community

Blockchain’s leading asset was Bitcoin. The creator of the so-called bitcoin is said to be in the hands of one million bitcoins that have not yet been released into the crypto space. The community enjoys a large and loyal audience. They are experienced in both quantity and quality.

It is said that society has countless highly skilled cryptocurrency influencers. The community remains one of the largest networks in the cryptocurrency world.

2. Ethereum (ETH) Community

The community has strong networks with prominent investors. These investors continue to finance its projects. It is provided by the Ethereum Community Fund, the brain of network startups. It was noted that the Community Foundation attracted a large audience. The community finances projects trying to build infrastructure on the Ethereum network.

The platform is flexible and able to achieve several goals, making it an advantage for developers.

3. Substratum (SUB) Community

The main goal of the society is to decentralize the Internet. This goal helped to gain a large number of followers. He intends to decentralize the Internet by changing the centuries-old Internet monopoly. It does not use centralized servers.

SUB is known to focus on society as part of its core vision.

4. Bytecoin (BCN)

Bytecoin is among the leading privacy coins. This cryptocurrency existed before it was well known. Through the efforts of the society, the successful creation of virtual currencies has become possible through its forks. This increased the popularity of Bytecoin. Therefore, the society supports the work of the platform with great confidence.

5. Wave Platform (WAVES)

WAVES is one of the platforms trying to make token issuance and crowdfunding processes more accessible to the masses. Its main goals are to revolutionize token issuance and crowdfunding.

The community gets great traces from passionate designers and the community. In addition, Waves Community Token (WCT) has improved the community’s relationship with the Waves team. The token allows the owner to evaluate new projects that join the platform to receive future awards.

6. Lisk (LSK)

LSK is a decentralized project that enjoys the pursuit of a strong society. The platform focuses on software development. In addition, it focuses on the real improvement of complaints about price dynamics.

The platform uses high-level community participation in the management of its structure. The platform already gains a lot from community participation.

Cryptocurrency culture is already gaining enthusiasm and acceptance every year. Those interested in blockchain-era activities should know more about the crypto space. In addition to these communities, there are others such as Dogecoin, Monero, Nano, EOS and Ripple.

The growth of cryptocurrency unions is explained by Metcalfe’s law, which states: The value of a network increases in direct proportion to the number of participants in that network.

“Crypto” – or “crypto-currencies” – is a type of software system that provides users with the function of the Internet. The most important feature of the system is theirs decentralized nature – usually provided by blockchain database system.

Blockchain and cryptocurrencies have recently become key elements of the global zeitgeist; usually as a result of a stormy rise in the “price” of Bitcoin. This has led to millions of people entering the market, and many “Bitcoin exchanges” have come under great infrastructural stress as demand has grown.

The most important thing to understand about crypto is that even though it actually serves one purpose (cross-border transactions over the Internet), it does not provide any other financial benefit. In other words, its “intrinsic value” is strictly limited by its ability to deal with other people; NOT in maintaining / spreading value (as many people see it).

The most important thing you need to understand is Bitcoin and things like that payment networks – NOT “currencies”. It will be covered more deeply in a second; The most important thing to understand is that “getting rich” with BTC does not give people a better economic position – it is simply a process of buying “coins” at a lower price and selling them at a higher price.

For this purpose, when looking at “crypto”, you must first understand how it actually works and where its “value” is …

Decentralized Payment Networks …

As mentioned, the main thing to keep in mind about Crypto is that it is basically a decentralized payment network. Consider Visa / Mastercard without a central processing system.

This is important because it highlights the real reason why people are really starting to explore the Bitcoin offer more deeply; it allows you to send / receive money from anywhere in the world, as long as they have the address of your Bitcoin wallet.

The reason for attributing this to various “coins” is the misconception that Bitcoin will allow you to make money as a “crypto” asset. It won’t happen.

The ONLY The reason people make money with Bitcoin is because of the “rise” in its price – by buying “coins” at a lower price and selling them at a higher price. While it worked well for many people, it was actually based on a “bigger stupid theory” – essentially saying that if you could “sell” the coins, it would be “more stupid” than you.

This means that if you want to deal with the “crypto” space today, you can mostly buy cheap (or cheap) “coins” (even “bottom” coins) and the price goes up until you sell them later. None of the “coins” are backed by real-world assets, and there is no way to predict when / if / how it will work.

Future growth

Bitcoin is a force expended for all purposes and purposes.

The epic rally in December 2017 showed mass adoption, and while its price is likely to continue to rise to the $ 20,000 + range, buying one of the coins today will be a big gamble that will largely happen.

Smart money already has a relatively low price, but looks at the majority of “bottom” coins (Ethereum / Ripple, etc.), which are constantly increasing in price and acceptance. The main thing to consider in the modern “crypto” space is the actual use of different “platform” systems.

This is a rapidly evolving “technology” space; Ethereum and Ripple look like the next Bitcoin – focusing on a way they can provide users with the ability to use “decentralized applications” (DApps) on their main networks to gain functionality. work.

This means that if you look at the next level of crypto growth, it will almost certainly come from different platforms that you can identify there.

In the first days of its launch in 2009, several thousand bitcoins were used to buy pizza. Since then, the cryptocurrency has risen by about 70 percent in mid-2018 to $ 6,000 and then risen to $ 65,000 in April 2021, much to the chagrin of many cryptocurrency investors, traders, or just anyone else. missed the boat.

How it all started

Note that dissatisfaction with the current financial system has led to the development of digital currency. The development of this cryptocurrency is based on blockchain technology by Satoshi Nakamoto, a pseudonym probably used by a developer or a group of developers.

Despite numerous opinions predicting the death of the cryptocurrency, the performance of bitcoin has inspired many other digital currencies, especially in recent years. The success of the crowded financing brought about by the blockchain fever has undoubtedly attracted those who try to deceive the public, and this has attracted the attention of regulators.

Beyond Bitcoin

Bitcoin has inspired the release of many other digital currencies, with more than 1,000 versions of digital coins or tokens currently available. Not all of them are the same, and their values, such as liquidity, vary greatly.

Coins, altcoins and tokens

Suffice it to say that at this point there are wonderful differences between coins, altcoins and tokens. Although altcoins such as Ethereum, litecoin, ripple, dogecoin, and dashes belong to the “basic” category of coins, they are mostly traded on cryptocurrency exchanges, meaning that altcoins or alternative coins generally describe something other than advanced bitcoin.

Coins serve as a storehouse of currency or value, while tokens offer active or utility use, such as a blockchain service to manage the supply chain to inspect and track wine products from winemakers to consumers.

It should be noted that low-value tokens or coins offer positive opportunities, but don’t expect similar meteoric increases like bitcoin. Simply put, lesser-known tokens are easy to buy, but hard to sell.

Before you start cryptocurrency, start by studying the value proposition and technological considerations, i.e. the commercial strategies outlined in the white paper that accompany each initial coin offer or ICO.

For those who are familiar with stocks and stocks, this is no different than an initial public offering or IPO. However, IPOs are issued by companies with tangible assets and business experience. All this is done in a regulated environment. An ICO, on the other hand, is based solely on an idea proposed on a white paper by a business – which is still active and has no assets – looking for funds to start.

Uncontrolled, so buyers be careful

“The unknown cannot be regulated” probably concludes the situation with the digital currency. Regulators and regulations are still trying to catch the ever-evolving cryptocurrencies. The golden rule in the cryptocurrency space is “caveat emptor”, let the buyer be careful.

While some countries focus on blatant fraud, they are open to adopting policies that are accessible to cryptocurrencies and blockchain applications. However, there are regulators in other countries who are more interested in the disadvantages than the advantages of digital money. Regulators are generally aware of the need to strike a balance, and some are looking at existing securities laws to try to manage the many flavors of cryptocurrencies globally.

Digital wallets: The first step

Wallet is important to start cryptocurrency. Consider e-banking, but exclude the protection of the law in the case of virtual currency, so security is the first and last thought in the crypto space.

Wallets are digital. There are two types of purses.

• Hot wallets connected to the Internet, which put users at risk of breakage

• Cold purses that are not connected to the Internet and are considered safer.

In addition to the two main types of wallets, it should be noted that there are wallets for only one cryptocurrency, and others for multi-cryptocurrencies. There is also the opportunity to have a multi-signature wallet, to have a joint account with a bank.

The choice of wallet depends on the user’s choice, whether it is pure bitcoin or ethereum, because each coin has its own wallet or you can use a third-party wallet that contains security features.

Wallet notes

Cryptocurrency wallets have public and private keys with personal transaction records. The public key contains a reference to the cryptocurrency account or address, as opposed to the name required to receive the check payment.

The public key is accessible to all, but transactions are only verified during verification and verification based on a consensus mechanism applicable to each cryptocurrency.

The private key can be considered a PIN code widely used in e-finance transactions. It follows that the user should never disclose the private key to anyone and should not back up this information, which should be kept offline.

It makes sense to have minimal cryptocurrency in a hot wallet, and a larger amount should be in a cold wallet. Losing a private key is as good as losing your cryptocurrency! From strong passwords to malware and phishing awareness, the usual precautions for online financial transactions apply.

Wallet formats

There are different types of purses according to individual preferences.

• Wallets made by third parties and to be purchased. These devices work as a USB device, which is considered somewhat secure and can be connected only when the Internet is needed.

• For example, web-based wallets provided by cryptocurrency exchanges are considered hot wallets that put users at risk.

• Software-based wallets for desktop computers or mobile phones are mostly free and can be provided by coin issuers or third parties.

• Paper-based wallets can be printed in QR code format, containing relevant information about cryptocurrencies that are public and have private keys. They should be kept in a safe place for as long as required during cryptocurrency transactions, and copies should be made in the event of accidents, such as water damage or fading of print data over time.

Cryptocurrencies and markets

Cryptocurrencies are trading platforms for those interested in virtual currencies. Other options include websites for direct trading between buyers and sellers, as well as brokers that do not have a “market” price but are based on concessions between the parties to the transaction.

Thus, there are many cryptocurrency exchanges located in different countries, but with different security practices and infrastructure standards. They are those that allow anonymous registration, which requires only an email to open an account and start trading. However, there are others that require users to verify their international identity, known as Customer Identification, and to comply with anti-money laundering (AML) measures.

The choice of cryptocurrency depends on the user’s choice, but those who are anonymous may have restrictions on the permissible limits of trading or may be subject to sudden new rules in the country where the exchange resides. Minimal administrative procedures with anonymous registration allow users to trade quickly and go through more KYC and AML processes.

All cryptocurrency trades must be properly processed and approved, which can take anywhere from a few minutes to several hours, depending on the coins or tokens and the volume of the trade. Scalability is known to be a problem with cryptocurrencies, and developers are working on ways to find a solution.

Cryptocurrency exchanges fall into two categories.

• Fiat-cryptocurrency Such exchanges provide direct transfers from bank or credit and debit cards or purchase of fiat-cryptocurrency through ATMs in some countries.

• Cryptocurrency only. There are only cryptocurrency exchanges that deal with cryptocurrency, meaning that customers must already have a cryptocurrency – for example, bitcoin or ethereum – to be “exchanged” for other coins or tokens at the market rate.

Fees are charged to facilitate the purchase and sale of cryptocurrencies. Users should conduct research to determine which payments they are comfortable with, such as satisfaction with infrastructure and security measures, as well as different rates charged by different exchanges.

Don’t wait for the total market price for the same cryptocurrency with different exchanges It may be advisable to spend time researching the best price for the coins and tokens you are interested in.

Online financial transactions are risky, and users should consider alerts such as two-factor authentication or 2-FA, keep up to date with the latest security measures, and be aware of phishing scams. One of the golden rules of phishing is not to click on links provided, no matter how original the message or email is.

In the first issue of CRYPTO TREND, we introduced Cryptocurrency (CC) and answered several questions about this new market area. There is a lot of NEWS in this market every day. Here are some points that give us an idea of ​​how new and exciting this market space is:

The world’s largest futures exchange to create a futures contract for Bitcoin

Terry Duffy, president of the Chicago Board of Trade (CME), said: “I think that in the second week of December, you will [bitcoin futures] sign a contract for enrollment. Today, you can’t shorten bitcoin, so there’s only one way it can go. You either buy it or sell it to someone else. So you’re creating a two-way market, and I think it’s always more efficient. “

CME intends to launch Bitcoin futures by the end of the year, awaiting regulatory review. If successful, it will give investors a convenient way to go “long” or “short” over Bitcoin. Some Exchange-Traded Funds sellers have also applied for bitcoin ETFs that track bitcoin futures.

These developments have the potential to allow people to invest in the cryptocurrency space without having to directly own a CC or use CC exchange services. Bitcoin futures can make digital assets more profitable by allowing users and intermediaries to hedge foreign exchange risks. This could increase the acceptance of the cryptocurrency by traders who want to accept bitcoin payments but are wary of its volatile value. Institutional investors are also accustomed to trading regulated futures without the hassle of money laundering.

The CME’s move also shows that bitcoin is too big to be overlooked, as the exchange has ruled out cryptocurrency futures in the recent past. Bitcoin is everything that everyone is talking about in brokers and trading firms that are suffering against the backdrop of rising but unusually calm markets. If futures rose on the stock exchange, it would be almost impossible for any other stock exchange, such as the CME, to grow, as scale and liquidity are important in derivative markets.

In an interview with CNBC, Duffy said, “You can’t help but notice that this is becoming a story that will not go away.” According to him, there are “major companies” that want to access bitcoin, and there is a “huge reduced demand” from customers. Duffy also thinks that bringing institutional traders to market can make bitcoin less volatile.

The Japanese village will use cryptocurrency to raise capital to revitalize municipalities

The Japanese village of Nishiawakura is exploring the idea of ​​holding an Initial Coin Proposal (ICO) to raise capital to revitalize municipalities. This is a very new approach, and they may seek support from the national government or private investment. Several ICOs have serious problems, and many investors are skeptical that any new token will gain value, especially if the ICO turns out to be another joke or scam. Bitcoin was certainly not a joke.

FIRST COIN OFFER – (ICO)

We didn’t talk about the ICO in the first issue of Crypto Trend, so let’s mention it now. Unlike an Initial Public Offer (IPO) in which a company has an actual product or service for sale and you want to buy shares in their companies, it can be held by anyone who wants to start a new Blockchain project with the intention of creating an ICO. a new sign in their chain. ICOs are unregulated and some are completely fake. A legitimate ICO, but can raise a lot of money to fund a new Blockchain project and network. It is typical that the ICO creates a high token price near the beginning and soon returns to reality. If you know the technology and you have a few dollars, there are many because the ICO is relatively easy to maintain, and today we have about 800 tokens. All of these tokens have a name, they are all cryptocurrencies, and with the exception of very popular tokens such as Bitcoin, Ethereum, and Litecoin, they are called sub-coins. Currently, Crypto Trend does not recommend participating in the ICO, because the risks are very high.

As we said in Issue 1, this market is currently a “wild west” and we recommend caution. Some investors and early practitioners have made huge gains in this market space; however, there are many who have lost most or all. Governments are reviewing regulations because they want to know about every transaction to tax them all. They all have huge debts and are stuck for cash.

So far, the cryptocurrency market has escaped the financial problems and pitfalls of many state and traditional banks, and Blockchain technology has the potential to solve many more problems.

A big feature of Bitcoin is that the creators chose a limited number of coins that could never be created – 21 million – thus ensuring that this cryptocurrency would never be inflated. Governments can print as much money (fiat currency) as they want and kill currencies.

Future articles will focus on specific recommendations, but make no mistake, an early investment in this sector will only be for your most speculative capital, the money you can lose.

KRYPTO TREND will be your guide when you are ready to invest in this market space.

Stay tuned!