Understanding the Cryptocurrency Trading Phenomenon ...

@binance: Newly added to the @BinanceAcademy Glossary: - Bid-Ask Spread - Commodity Futures Trading Commission (CFTC) - Hashed TimeLock Contract (HTLC) - Mainnet Swap - Wei Visit the Binance Academy Glossary to expand your crypto-vocabulary. https://t.co/ddVO453J8J

@binance: Newly added to the @BinanceAcademy Glossary: - Bid-Ask Spread - Commodity Futures Trading Commission (CFTC) - Hashed TimeLock Contract (HTLC) - Mainnet Swap - Wei Visit the Binance Academy Glossary to expand your crypto-vocabulary. https://t.co/ddVO453J8J submitted by rulesforrebels to BinanceTrading [link] [comments]

How to Day Trade and Win in the Crypto Space - No Fluff, No Fancy Vocabulary, No BullCrap - The Crypt #35

How to Day Trade and Win in the Crypto Space - No Fluff, No Fancy Vocabulary, No BullCrap - The Crypt #35 submitted by Cyberdemon531a to CryptoCurrency [link] [comments]

Beginner's Guide to Trading Crypto. Part 5

Beginner's Guide to Trading Crypto. Part 5

Talk The Trader Talk: A Journey Into The Realm Of Trader Slang

Slang is a natural evolution of a language under working conditions. Every industry has its own slang vocabulary, which may or may not be composed of morphologies of words directly related to the job. Sometimes situations related to the job may evolve or devolve into adjectives, verbs, nouns of even completely new words that reflect the object in question. To the uninitiated, such terms may sound like gibberish and could well resemble the talk of thugs that has been so vividly presented many times over in television series and movies.
Whether it is pidgin, slang, argot, or a dialect, industries have their own ways of expressing their ins and outs. For instance, the exhaust system of automobiles is often called the "puffer" among mechanics, a "fat finger" is a larger than intended trade among bankers, a "gat" is a weapon among street gangs, and "all day" is a life sentence among prisoners. The lists of slang terms are endless and are an extremely interesting read.
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The Trader Lingo

To make sure that MoonTrader users get into the feel of what it is like to be part of the crypto market, we have compiled a comprehensive summary of some of the most widespread slang terms used by traders. Knowing these terms is an important part of working on an exchange, as understanding what traders are talking about is half the job of becoming one of them and being able to delve into the processes taking place. To talk the talk and walk the walk, traders must understand each other and, most importantly, shorten their speech into a mixture of phrases comprehensible only for the initiated and mystical to outsiders.
Babysitting: A slang term used by traders all over the world from Wall Street to the most obscure exchanges in Africa. The term means holding a trade that has been losing out for a while in hopes that it will gain in price, usually in vain. For example: “You’ve been babysitting that option for way too long, it’s a hopeless cause.”
Crunching: A situation in which a stock’s or asset’s price starts falling rapidly and has no support levels. For example: “The XXX stock is going down the drain. It’s crunching, leave it!”
Jig Out: This is a situation when the market makes a sudden turn for the worse and an investor or trader loses out as a result. For example: “The YYY stock jigged out on me today. Lost half a mil.”
Learning Curve: A fairy common expression meaning the amount of time and effort someone, such as a budding new trader, has to put into something to master the art and “learn the ropes”. For example: “The learning curve for Forex is pretty steep.”
Melt: Another fairly common expression that can be encountered in the world of finance, which signifies that a lot of money has been lost and an account has been depleted. For example: “My account melted through today after the market jigged me out on that nut.”
Nut: While nuts may be tasty as a snack or very useful for keeping things bound together with bolts, in trading a nut is the total amount of commissions that have to be paid for a certain trade. For example: “The nut on ZZZ is crazy these days.”
Permabull / Permabear: Since bullish markets are positive and bearish markets are sleepy, the traders working on such a market are called bulls or bears. There are some optimists who believe that such markets are always there. These traders are called permabulls. The opposite are permabears. For example: “Even if the market is dead and floating, he will still act like a permabull”.
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Printing on the “O”: If we consider that O is an extreme abbreviation of the term “Override”, then the phrase means that the price of an asset is below the bid price and there is an urgent need to sell it. “XYZ is printing on the Os all day!”
ScalpeScalping: The idea of scalping is opening hundreds and thousands of small trades in a short amount of time in hopes of generating a large amount of small profits. Scalpers are traders who engage in scalping. For example: “He’s a heck of a scalper.”
Slippage: A common situation for inexperienced traders who lose on assets that are insoluble and cause losses due to higher or lower prices. For example: “He’s been slipping on ZZZ for three weeks in a row.”
Squiggly Lines: Technical analysis consists of graphs and indicators that traders use to make sense of market dynamics. The lines on graphs are never straight, which would mean that the market is comatose, thus they are called squiggly, or uneven lines. For example: “I’ve been staring at the squiggly lines all day and my eyes are popping out.”
Tank: A tank is not only a military machine or a container, but also a verb, which could either mean to fill something up, like a container or a stomach, and also a drop. In this case, tanking means a market collapse. For example: “The market’s tanking! All is lost! All is lost!”
Unicorn, Vulture, Whale: The trading terminology bestiary is full of terms that have gained animalistic form. A unicorn is a situation reminiscent of the mythical beast, when a startup has reached a $1 billion valuation. A vulture is a trader who preys on falling assets and buys them up in hopes that they will rise in the future. A whale is a holder of a large amount of capital or an asset.
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Stick: The US dollar has a lot of synonyms from bucks and dough to aces and greenbacks. The stick is another synonym for the US currency used in trading. For example: “Made a K load of sticks today trading XYZ.”
Whack: A fairy straightforward term meaning that a trader has lost a fair amount of money. For example: “I got whacked trading ZZZ the other day.”
Bottom Fishing: There are traders and there are speculators. When a market has “tanked”, assets usually cost much lower and a certain breed of traders emerges who start buying up assets that have lost in value in hopes of selling them off at higher prices later. Such actions are called bottom fishing, or scooping up assets that have floated to the surface of a market like dead fish after a bomb goes off underwater. For example: “The market has sunk today and the sharks are bottom fishing.”
Choppiness: The market is never a calm place and its trials and tribulations are often compared to storms and waves. Since waves can be choppy, or rough in terms of the height of their crests, it is fair to compare market volatility to wavy seas. For example: “The choppiness of the market is not allowing institutional investors to enter with their capital.”
Dark Pools: There is always liquidity on the market that is hid away from average traders. Such liquidity is called a dark pool, which is usually in the hands of special groups. In essence, these are trading volumes created by orders placed by institutional investors. For example: “The dark pools are buying up Bitcoins real quick.”
Dead Cat Bounce or Rubber Band Effect: Since markets are unpredictable, it is often possible for markets to suddenly rebound after seeming dead for a long time. Such a situation is called a dead cat bounce, or a rubber band effect, which is quite figurative in itself. For example: “The market is preparing for a possible dead cat bounce after the recent wave of news.”
Hodl: A bastardization of the term Hold, misspelled by a drunk BitcoinTalk user, which simply means holding an asset in hopes that it will rise in price. For example: “Hodl Bitcoin! Hodl it!”
Short squeeze: There are situations when an asset suddenly rises in price and forces traders to close their positions. For example: “The holders were forced to short squeeze after the price of ZZZ suddenly spiked”.
Resistance Zone: In technical analysis, this is the area between the current support and resistance areas. Prices usually start resisting other prices in such areas and may start falling. For example: “The resistance area of $120 has been reached for ZZZ and we can expect a decline to areas of $100.”

Fallen Angel: Assets that may have reached price heaven are not guaranteed to stay there and it often happens that a highly valued asset has suddenly lost in price. Usually, this biblical analogy refers to high yielding bonds that once had investment grades. For example: “ZZZ has turned into a fallen angel after the US introduced sanctions against country YYY.”
Fat Tail: In statistics, such cases are called outliers and signify that a value has moved away from the mean and has gained a high degree of riskiness. For example: “ZZZ is showing fat tails and will soon reach non-investment levels.”
Flavor: Given the abundance of types of orders and assets on the market, traders often do not distinguish between them and simply call them different flavors. For example: “How about some ZZZ flavor?”
Hit The Bid: A rather straightforward expression meaning that someone has decided to sell an asset. For example: “The price just hit the low, so go and hit the bid”.
Odd Lot: A lot is usually considered to be a million dollars. An odd lot is anything under a million dollars. For example: “I sold that odd lot of ZZZ yesterday.”
Smoke And Mirrors: The poetic expression has made its way onto the market and means that a corporate entity is distorting the market image in hopes of attaining its own goals, usually to make an asset seem more attractive. For example: “The market is all smoke and mirrors after ZZZ flushed its stocks on.”
The list of trading slang terms is endless in its variety and the only way to fully immerse one’s self into it is trading actively and gaining experience. Years of work on any market in any industry will eventually saturate a participant’s mind with the necessary skills and terminology turn any greenhorn into a pro.
Check us out at https://moontrader.io
Facebook: https://www.facebook.com/MoonTraderPlatform
Twitter: https://twitter.com/MoonTrader_io
LinkedIn: https://www.linkedin.com/company/19203733
Reddit: https://www.reddit.com/Moontrader_official/
Telegram: https://t.me/moontrader_news_en

Originally posted on our blog.
submitted by MoonTrader_io to Moontrader_official [link] [comments]

Cryptocurrency Vocabulary You Need To Know

Cryptocurrency Vocabulary You Need To Know
Trading jargon might appear as complex as blockchains are, so we thought we'd put together a small article to clarify with some common vocabulary you need to be informed about this Digital Currency Revolution!
First things first, these are the list of six things that every cryptocurrency must be in order for it to be called a cryptocurrency:
| Digital - only exists on computers, no coins, no notes.
| Decentralized - don’t have server. They are transmitted across a network of (typically) thousands of computers.
| Peer-to-Peer - distributed from person to person online.
| Pseudonymous - means that you don’t have to give any personal information to own and use cryptocurrency.
| Trustless - users are in complete control of their money and information at all times.
| Encrypted - user has special codes called cryptography and it’s nearly impossible to hack.
| Global - can be sent all over the world without borders.
Let's get started! Now here are some of the most common words in the industry.
  1. Cryptocurrency - decentralized digital money
  2. Mining - where miners try to solve mathematical puzzles first to place the next block on the blockchain and claim a reward.
3.Exchange - an exchange is a business (usually a website) where you can buy, sell or trade cryptos.
  1. Wallet - crypto wallets are software programs that store public and private keys which enable users to send and receive digital currency.
  2. Blockchain - all cryptocurrencies use distributed ledger technology (DLT) to remove third parties from their systems.
  3. Hash - it identifies a block like fingerprint.
  4. Bitcoin - most popular digital currency, can be traded for goods or services with vendors who accept BTCs.
  5. Satoshi -smallest indivisible unit of the Bitcoin, like a cent.
We hope you find this list useful. Along your journey, we will be posting more about different type cryptocurrencies for your education.
To start trading today, sign up here: https://app.redeeem.com/login#/signup

https://preview.redd.it/dk1muvovb6u31.png?width=579&format=png&auto=webp&s=5cd865935bd4d871d8530464af5d87ee807c58b8
submitted by levi_d-19 to Redeeem [link] [comments]

How did you get into trading?

I thought it would be interesting - and fitting for the random discussion thread - for willing contributors to share the story about how they got into trading. We all obviously share a passion for making money but I am sure that we each have a different story about how we found this path. I’ll go first!
I have always had a fascination/ obsession with trading. The idea of being able to trade up - starting with something small and snowballing it into something larger, bigger, better has always attractive to me.

My first opening bell

Trading for me started in childhood. I have had the opportunity to have moved around a lot as a child due to my father’s career. We moved to Milan as a family when I was 8. This was my first time living in a non-english speaking country.
When the bell rang at the beginning of recess on my first day at my new school, all of the school children flooded into the playground and huddled around each other in groups. I peered over shoulders to see that everyone was swapping decks of football (soccer) stickers, assessing each other’s inventory and segregating all the cards that they wanted to trade for.
“Ce l’ho, ce l’ho”. These were the first words of my italian vocabulary and the only words that the kids would say as they rifled through each others desks. “I have it, I have it.” Once the rejects had been discarded, negotiations could begin.
The next day, the 10:20 bell marked the beginning of recess; market open! Trading football stickers was the only thing that mattered those days and my best way to start making new friends. Unfortunately I had none but the boy who shared my desk in class was kind enough to give me his worst cards - a couple duplicates of the goalkeeper from Chievo, a team that consistently places at the bottom of the Serie A league. Everyday the market would open at 10:20 sharp for a 20 minute session and would open again at 12:45 - 2pm. At the end of the year I had hundreds of stickers - and I never spent a cent.
At that age, we all lived for this! The football stickers eventually fell out of fashion as interest shifted to pokemon cards, then magic cards and even yugioh. Nevertheless, these playground interactions were my formational experiences in trading.
After school, I also started playing online games like Runescape and socialising on Habbo hotel - a virtual world chat room where people would hang out in rooms they designed and filled with furniture that would be bought with ‘real world’ currency. Without paying for membership - I was able to collect hundreds of HC sofas - the currency by which every other piece of furniture in the game was valued. Trading up.
While at the time I am sure that my parents thought I was wasting my time on the computer I personally feel that these online games, which were each centred on a system of exchange, were an amazing way to learn the fundamental dynamics and features of markets. I am also convinced that business in the real world is nothing more than a more bureaucratic evolution of these playground/ online games.

2008 - let’s get rich

After several years in Milan, we moved again to Paris. New school, new friends. As teenagers there were no trading cards to facilitate the transition. I had been playing Runescape but was not interested in the game anymore and started to look into ways of converting the virtual in-game currency I had amassed into real money to ‘cash out’. I came across forums where people were selling leveled up accounts for good old American Dollars. I came to the fateful realisation that my countless hours of toil in the virtual world did not amount to much in ‘real life’ - I could not catch a bid - so I started to look to other ventures and pursuits that would allow me to earn money.
I have a twin brother and both of us have always had an artistic/ creative bent and excellent drawing skills etc. Now at age 13, we decided to leverage this talent to make some money. This was in 2007, which marked the emergence of the gig economy just before its true expansion post-2008. The beginning of my quest began with a google search: “how to use photoshop to make money”. Clicking through the initial results, I stumbled upon a very low traffic forum where users would initiate logo competitions for their small businesses and submissions would be made with image links in replies. I then found Sitepoint - the precursor to 99designs - and my brother and I started to make logos there under the pseudonym - Pixelsoldier.
We were able to win one of our first competitions within a month - $250 in the bank. We would come home from school, finish homework and then scan through the available competitions and start to sketch out ideas for logos. Within a couple more months we had made $2000. Age 13. The internet can be a marvelous thing. The organisers of the 2008 Singapore Property Awards (who would use the same logo for the next 7 years on highly publicised events) certainly did not know that the ‘design professionals’ they were working were teenagers.
Having won that first $2000 we decided to open a Scottrade account to trade in stocks. Our only guide was “Stock trading for dummies” which I bought but never read. The answers to all of our questions lay with ‘Omnitron2000’ on a yahoo stock chat room. So, following tips from some random dude on the internet, we decided to make our first stock purchase in RDN which returned $250 within 10 minutes. Oh, this is easy! We are going to make it to the cover of Forbes in no time!
The first hit is free. Our next trades were not so inspiring. The next ticker we traded - on a “tip” - was TMA, which soon became THMR and then THMRQ. As per the google description, “Thornburg Mortgage was a United States real estate investment trust that originated, acquired and managed mortgages, with a specific focus on jumbo and super jumbo adjustable rate mortgages.” Was being the operative word. This was 2008. I knew nothing.

The rebirth

I lost interest in trading after our swift blow-up. Nevertheless, my brother and I continued to try to make some money on the side by designing logos throughout high school.
A couple years later, when it came to selecting university courses I decided to study Architecture although at the time I wouldn’t have been able to give you a good reason why other than the typical “it is a good mix between the sciences and the arts”. I had never had difficulty at school and was always at the top of my class; a classic “insecure overachiever” - the kind that corporate employers love to target as they always strive to please. My brother instead choose to study civil engineering.
I completed my undergraduate Architecture degree with a 4.0 GPA and gained entry for my Masters although I decided to defer a year because I was not convinced that it was what I wanted to do.
After working for a couple of years in various Architecture practices both in the US and Europe I was able to confirm my doubts: Architecture was not my passion. If anything, what I enjoyed about Architecture was the creative problem solving but not the actual profession.
During one stint of working at a practice in LA, I had had to find accommodation through Craigslist. My roommate there had been talking to me about bitcoin (late 2016 and before crypto investor was an instagram profession) as well as other investments he had made. He was somewhat of a fashionista and had actually sold his last 2 bitcoins to at around $800 to fund his distorted tastes. In any case, he introduced me to options in an extremely cursory manner - simply saying “I’ve had some success with options”.
My brother had also graduated and while waiting to start a well-paying job in consulting was tutoring by the hour and earning some cash while living at home, which he poured entirely into a trading account to play around with ‘FDs’. I moved to a new architecture practice and continued to have serious doubts about Architecture. Not having found any alternative, I then started my Master program. Around this time, my brother started his job and put his signing bonus into the trading account for me to take over when I was not studying. Around November of 2017 I started to focus most of my attention on trading SPX options and really neglected my architecture work. The workload in architecture is immense, particularly at Postgraduate level. With divided focus and a much stronger interest in trading than in my degree, I quit after the first semester. That was a year ago.
I took a leap of faith and broke away from the path I did not want - without much of a parachute.
Here I am today. To be frank, it has been a year of learning. Negative YTD. But as they say there is a price for education. The account is small but I still have dreams. I am at somewhat of a crossroads. There is a lot of pressure on me to quit but I feel that beyond trading, I have little idea what I want to do.
To that end, I am curious to know how each of you came onto trading and how it factors into your life. When did you open your first brokerage account. Do you work to be able to trade or is trading something that features in addition to your career?
submitted by Worldbuild3r to thewallstreet [link] [comments]

The Ethereum Ecosystem: A Basic Guide to ERC Tokens

The world of cryptocurrencies can be daunting to newcomers: the concept of a decentralized network and blockchain tech is enough to confuse the casual observer. The alphabet soup of acronyms and specialized vocabulary used to describe different coins, tools and concepts can leave a novice reeling. However, Ethereum and its wide variety of applications and impressive effect on the market as a whole provide an interesting and useful starting point. Ethereum is one of the most highly traded crypto coins across all markets. This popularity is due to a unique aspect that Ethereum brings to the table: the ability to write smart contracts on the blockchain. The ability to store logic on the blockchain opened the door for all kinds of new possibilities, most notably the ability to create decentralized apps (Dapps) with a seemingly endless variety of functions.
Read more about this post on KuCoin Blog:
https://blog.kucoin.com/etheruem-ecosystem-guide-to-erc-tokens-kc-of
submitted by kucoinofficial to kucoin [link] [comments]

Introductions to the misuse of Technical Analysis (for both TA practitioners and hater)

Brief introduction: I'm an undergraduate student getting my bachelor degree in Electrical Engineering & Computer Science (joint degree). I joined the cryptocurrency world after having seen my brother making so much money on Ethereum's way up from worthless to $400 (he's a really early ETH miner, and hasn't been participating in any kind of investing or speculating). By the time I noticed cryptocurrency, ETH was already $400 (I didn't even know what cryptocurrency was at the time). Trying to catch up to my brother's wealth, I started learning to speculate, then speculating. I made a fortune not enough to make me famous but it's an amount no student can ever dream of. I've retired from speculating and shifted my attention to my bachelor degree (not to get a job, but because that's what I love to know). I've withdrew from crypto and converted them to physical assets, but I’m still an enthusiast)
Disclaimer: This post is written based solely on my experience as a speculator and might not sound correct to some people.
The reason for this post: Misuse of TA floating around and people (mostly the developers themselves and some others) look at TA in disgust, saying it's stupid and delusional to predict the price with TA. I'm here to clear all this.
I’ll keep it simplest so anyone can understand. Simple Moving Average will be the tool I use and the trigger to buy/sell is when the price cross the SMA line upward/downward.
Price does not go up when it cross the SMA line upward. However, there’s something else that’s always true. Price have to cross the SMA if it’s going up (because SMA is laggy comparing to the price and always try to follow the price direction. See the link above for further explanation). To illustrate, you want to accumulate 5 XRP when it goes up. When price cross SMA, you buy 1 XRP,
_Scenario 1 : price continues to go up after that, you can buy more and more until you’ve stocked up all your 5 XRP, then enjoy the appreciation of your 5 XRP holding.
_Scenario 2 : price drops after crossing SMA, which is completely normal because the future is unpredictable. In this case, stop loss kicks in and you lose a fraction of 1 xrp. Then you wait for the next time price cross the SMA.
After repeating the same process for 10 times (just a random number), price actually goes up. You’ve lost 9 times a fractions of 1 XRP, which is nothing compare to the appreciation of your current 5 XRP holding during the appreciation.
In order to make money out of speculating, you have to stick to facts and facts alone, don't enter the market because you feel or think that the price will go up/down. If you can’t understand or verify the fundamental facts, stick to other facts. In the example above, I stick to the fact that “Price have to cross the SMA if it’s going up”.
You might be asking what’s the point of TA if you still wrong 9 out of 10 times with it?? The answer is that you will be wrong 9,999 out of 10,000 times guessing without it, and profit from 5 XRP cannot cover for the 9,999 fractional loss however small those fractions are.
Under normal circumstances HOLDING will make you much much much more money than jumping in and out. When bitcoin rises from $1 to $20,000 holders enjoyed the rise from 1 -> 20,000, speculators only profited from 1$ to $20, then $30 to $100, then $1000 to $16,000. What I mean is that speculators miss part of the rise in value, plus various small losses resulted from speculation, BUT . . . .
1/ Speculating gives you certainty that you will make money. Contrary to general belief, speculating is safer than holding. In exchange for missing part of the up move, speculators will also never suffer from a complete crash, in which case holders lose everything.
2/ Speculating can outperform holding even in normal conditions, with the help of leverage buying and short selling. Assuming that the speculator operates correctly and their speculating will surely generate them profit, what leverage trading does is only amplify the winning and losing in speculating, while short selling help speculators profit from the downside during which holders suffer. Leverage trading is a tool to make money for speculators, and a tool to suicide faster for the average men who think they are speculating but they aren’t.
To summarize:
Note*: I’m not native English speaker, so pardon my vocabulary and grammar. Also, good luck at your holding and speculating. Stay safe.
submitted by zzyamuraihazz to Ripple [link] [comments]

Stablecoins in 2019 (Part 2)


Yesterday, we covered three of the latest stablecoins introduced to the market in 2019. The huge spike of stablecoins released this year has proven its popularity amongst crypto traders, and it seems unlikely that the intense interest in cryptocurrencies of this sort will dissipate soon. With the number of options continuously expanding in the market, we feel that it would be useful to offer you a quick overview of the more popular stablecoins released this 2019, and why 1SG continues to be the better option amongst them all.
KRWB

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KRWb (Korean Won on the Blockchain) is an electronic token issued against a safe depositdenominated in Korean won (“KRW”), the legal currency of the Republic of Korea(“Korea”). Issued using blockchain technologies, the KRWb electronic token can be stored and exchanged using Ethereum’s ERC20 protocol, with all the information on its transaction details and issued volume publicly recorded on an open distributed ledger. All KRWb tokens in circulation are pegged to KRW fiat currency at a 1-to-1 ratio as a key mechanism to support price stability.
Advantages
Disadvantages
1SG aims to make trading more unrestrained and the world more trusting. Naturally, exclusivity is not part of 1SG’s vocabulary. Anyone can buy 1SG and start their trading journey today.

PHDC
PHDC is a stable currency issued by Hong Kong based Asia Premier International Limited, mother company of NiuEx Exchange. The company has received the Offshore Virtual Currency Exchange license issued by the Cagayan Economic Zone Authority (CEZA) in the Philippines last year, which permits it to “launch blockchain operations such as crypto currency mining, initial token offering, and exchanges”. PHDC aims to facilitate local financial transactions in Philippines, including the Filipino maid industry and assist in international trade payment services.
Advantages
Disadvantages
The latest information on Asia Premier International Limited seem to has stopped with its official press releases by local media as a recipient of the Offshore Virtual Currency Exchange license. Dropping off the face of the earth appears to be the company’s recent move, which does more harm its reputation than anything else. Thankfully, distributor of stablecoin 1SG, Mars Blockchain Group has been keeping up with its social media, and even ensured presence at the prominent Binance’s inaugural Blockchain Week when it was last held in Singapore. You’ll never run out of updates when you follow 1SG’s social media channels.

HDKC

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HKDC is a cryptocurrency asset issued on the Ethereum blockchain, in which a single HKDC unit is backed by a Hong Kong Dollar held in the reserves of the Hengsheng Group Limited. The main business of HKDC's entertainment ecology covers China, Hong Kong, Macau and Southeast Asia.
Disadvantages
Compare HKDC's lack of information to that of 1SG where all sorts of detailed information is provided: from its partnered exchanges to individual profiles for each team member working on the project, and the regular updates posted on its social media channels: Instagram, Telegram, Twitter, Reddit and Weibo, it is safe to say why 1SG is the more reliable cryptocurrency.

In essence...

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Stick with 1SG, and there is a likelier chance that you will make it out of the crypto winter alive. With transparent circulation of currency, efficient and convenient KYC/AML review process, frictionless spendability and high liquidity, 1SG will outlast her competitors and remain the best stablecoin the world has to offer.
For more details, check out www.1.sg
To trade 1SG now, head over to these exchange platforms:
P2PB2B: https://p2pb2b.io/
BitMart: https://www.bitmart.com/
TOP.ONE: https://top.one/index
Kryptono: https://kryptono.exchange/k/home
OEX: https://www.oex.com/index
For more information on 1SG, keep up with its following social media:
Telegram: https://t.me/SGone
Medium: https://medium.com/@support_34903
Twitter: https://twitter.com/1SG_2018
Instagram: https://www.instagram.com/1sg_sg/
YouTube: https://www.youtube.com/channel/UC_p_8y1geOe0lmB4F3i6Fpg

submitted by 1-SG to 1SG_ [link] [comments]

Cryptocurrency Terms And Definitions - Common Crypto Words To Know

The blockchain community is not left out when it comes to the use of jargon and phrases. The use of words that look strange to those who are not involved in crypto is totally inevitable. It’s definitely going to be difficult for anyone not in this space to understand words like “ERC20, ICO or gas. So in order to help such people out, we have made a list of the most common cryptocurrency terms and definitions. Please sit back and enjoy your ride.

Cryptocurrency Terms And Definitions
One can categorize these terms into various parts. First of all, we will deal with general cryptocurrency terms and definitions.

Blockchain
Blockchains are distributed ledgers which are secured by cryptography. Everyone has access to read the information on every blockchain which means they are essentially public databases but the data update can only be done by the data owners. In the case of blockchains, data doesn’t remain on a single centralized server, they are copied across hundreds of thousands of computers worldwide. Projects such as Ethereum, Vechain, EOS etc. fall under this class of technology.
Mining: The means of trying to ‘solve’ the next available block. One needs huge amounts of computer processing power to carry this out effectively. There is always a reward for doing this.
Mining rig: A specially designed computer that processes proof-of-work blockchains such as Ethereum. They consist of multiple high-end graphic processors (GPUs) so as to maximize their processing power.
Node: This is a computer that has a copy of the blockchain and is working to keep it in a good shape.
PoW: The full meaning of this is Proof-of-work. The Ethereum network currently makes use of this algorithm.
PoS: Its full meaning is Proof-of-stake. It is the proposed future algorithm for Ethereum. Those that own ETH will be able to lock up all or a portion of their ether for a given amount of time in order to ‘vote’ and generate network consensus instead of mining in its current form. Stakeholders will get rewards in form of ETH by doing so.
Fork: This takes places when a certain blockchain splits into two different chains. This usually happens in the crypto space when new ‘governance rules’ are infused into the blockchain’s code.
Software wallet: A crypto-currency storage that exists purely on a computer as software files. You can generate these kinds of wallets for free from diverse sources. MyEtherWallet (MEW) is one of the most popular sources around.
Hardware wallet: A device that one can securely keep cryptocurrency. People often say that these wallets are the most secure way to store cryptocurrency. Examples of the most common hardware wallet models around are Ledger Nano S and Trezor.
Cold storage: This is a way of moving your cryptocurrency from an online wallet to an offline one, as a means of safekeeping them from hack. There are a lot of ways to carry this out. Some methods that are commonly used include:
· Using a hardware wallet to store your cryptocurrency.
· By printing out the QR code of a software wallet and keeping it somewhere which is safe.
· You can also move the files of a software wallet onto an external storage device such as USB drive and keeping it somewhere safe.

Trading Related Cryptocurrency Terms And Definitions
Exchange: These are websites where people trade (buy and sell) their cryptocurrencies. Some of the popular crypto exchanges we have around include Binance, Poloniex, Bittrex etc.
Market order / market buy / market sell: A sale or purchase which is made on an exchange at the current price. A market buy acquires the cheapest Bitcoin available on the order book while a market sell fills up the most high-priced buy order on the books.
Limit order / limit buy / limit sell: These are orders which are placed by traders to buy or sell a cryptocurrency when the price reaches a certain amount. They are pretty much like ‘for-sale’ signs you see on goods.
Sell wall / buy wall: Cryptocurrency traders are able to see the current limit buy and sell points using a depth chart. The chart’s graphical representation is very much like a wall.
FIAT: Refer to a government-issued currency. An example is the US dollar.
Whale: A person who owns huge amounts of cryptocurrency.
Margin trading: This is an act of increasing the intensity of a trade by using your existing coins. It is very risky for an inexperienced trader to partake in this. Stay safe!!
Going long: This is a margin trade that gives profit if the price goes up.
Going short: It is a margin trade that gives profit if the price goes down.
Bullish: Being optimistic that the price of cryptocurrency is going to increase.
Bearish: This is an expectation that the price of cryptocurrency is going to decrease.
ATH: This simply means All-Time-High. This is the highest point that has been reached by a particular coin or token. Take for instance, Bitcoin’s ATH is about $20,000 and this was achieved around December 2017 and January 2018.
Altcoin: A word used to qualify other cryptocurrencies which is not Bitcoin. Examples of altcoins are Ripple, NEO, EOS, Vechain, Electroneum etc.
Tokens: These are ‘currency’ of projects which are hosted on the ethereum network. They raise money by issuing their own tokens to the general public. Tokens have a significant use in the project's ecosystem. Examples of tokens are Enjin Coin (ENJ), Zilliqa (ZIL), OmiseGO (OMG), Augur (REP) etc.
ICO: The full meaning is Initial Coin Offering. This is synonymous to an IPO in the non-crypto world. Startups give out their own token in exchange for Bitcoin or ether.
Shilling / pumping: An act of advertising another cryptocurrency. It is mostly done in a way that tricks as many people as possible into believing that a coin or token will get to a higher price in the future.
Market Cap: This is the total value of a cryptocurrency. To calculate this, one has to multiply the total supply of coins by the current market price. You can get a run-down of several cryptocurrency projects on Coinmarketcap.
Stable coin: This is a cryptocurrency which has an extremely low volatility. You can use a stable coin to trade against the overall crypto market.
Arbitrage: A situation where a trader takes advantage of a difference in the price of the same coin / token on two different exchanges.
FOMO: Simply means Fear Of Missing Out. That overwhelming feeling that one needs to get on board when there is a massive rise in the price of a commodity. This is also applicable in the crypto space.
FUD: Fear, Uncertainty, and Doubt. It is a baseless negativity which is spread intentionally by someone or a group of people who want the price of cryptocurrency to decrease.
FUDster: A person who spreads FUD.
Pump And Dump: This happens when an altcoin gets a ton of attention, leading to a massive increase in price, and likewise followed by a big price crash of that altcoin.
ROI: Return on Investment. The percentage profit a trader makes on an initial investment (i.e. A 100% ROI simply indicates that a trader doubled his money).
TA: Trend Analysis or Technical Analysis. A way of examining current coin charts so as to make predictions for the next market movement.

Next, we will be moving on to crytocurrency terms and definitions that are ethereum related.
Dapp: Decentralized Application. It is an application that uses a decentralized peer-to-peer network like Ethereum smart contract as its back-end code.
Bagholder: A person who still holds on to a particular altcoin despite having a pump and dump crash.
Smart contract: This is a code that is deployed onto the Ethereum blockchain, it often helps with the direct interaction of how money flows from one point to another.
The Flippening: A future event showing the capacity of Ethereum’s market cap (or some other cryptocurrency) surpassing Bitcoin’s market cap, making Ethereum the most ‘valuable’ crypto-currency.
Gas: It is a measurement of the amount of processing needed by the ethereum network to execute a transaction. More complex transactions like deploying a smart contract onto the network requires more gas than sending ether from one wallet to another which is obviously a simpler operation.
Gas price: This is the amount of ether an initiator of a transaction is willing to spend for each gas unit on a transaction. The higher the gas price, then the faster the processing of the transaction.
Wei: It is the smallest denomination of ether.
Gwei: This is a denomination of ether (ETH). Gwei is the unit for measuring gas prices. 1 Ether = 1,000,000,000 Gwei (109).
MEW: MyEtherWallet is a site where users can generate ethereum wallets for free.

We also have a handful of cryptocurrency terms and definitions that are memes. See some of them below;
Hodl: People use this word when signifying that a person is keeping his coins / tokens for a long period of time. A couple of years back, someone on a Bitcoin forum made a post with a typo HODL in place of HOLD. Ever since then, this term has become one of the most popularly used term in crypto.
Mooning: In crypto, this term comes to play when the price of cryptocurrencies move up astronomically.
Lambo: This is highly synonymous with crypto. You can't leave out this word when discussing about cryptocurrency terms and definitions. This is the car we’re all goona buy when crypto makes us rich.
This is gentlemen: People use this phrase when pointing out positive things that are currently taking place in the cryptosphere.

Now that you are conversant with some of the commonly used cryptocurrency terms and definitions, you can now go out there and showcase your new crypto vocabulary to the world.
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What did I find out after researching 610 coins/tokens from EtherDelta: the overview

It was like looking for a needle in a haystack, searching for a hidden gem. Taking part in an expedition to the interior of the Earth. Well, frankly speaking it was not; I and my team just researched more than 600 coins/tokens listed officially on EtherDelta.
What did we found out?
That every second project was “the FIRST”, some of them where even “the FIRST AND ONLY”. After reading about 50 of them, I just thought that it’s funny. After reading 100 of them, I thought that maybe it’s because it’s a very small community with a low amount of projects (in comparison to all internet projects) and they are so focused on themselves that they don’t read about others. After reading 150 of “the first and only” I just had one question in my head: “who is this one vocabulary teacher who taught all people involved in cryptocurrency?” Don’t get me wrong - it was also my mistake when I joined a blockchain-based startup, I thought that everything we do were “the first and only” (and some of the things we did probably as the first; like first tokenized real object, an ikea rat, 1st of August 2017) but who really care if we did it as the first?
Our excel sheets contained those fields: smart contract address, decimals, symbol, website, general token information, e-mail contact, medium, blog, Reddit, Twitter, whitepaper, GitHub, SlideShare, Facebook, telegram, video, linkedin, bitcointalk, Vkontakte, Instagram, discord, glitter, CrunchBase, chat, slack and others.
And what are our conclusions?
a) Description of the project
I already know why Twitter was created: it’s the only way for startups to fit into 140 characters to explain their project. Sometimes it was really hard to understand what those projects are about, so if the claim didn’t say anything, we were searching for it in the whitepaper, twitter, sometimes Facebook or on Reddit.
b) Hello, it's me: e-mail addresses
Only 282 from 610 projects gave an e-mail address on their website. I don’t know that to think about that. I like to have an option; I like to know that there is a real person behind a project who will help me when I have a problem with a product. Don’t you?
d) Whitepapers
Only 321 projects had whitepapers (or light papers). Is it okay or not? It was harder for me to to understand do I want to buy their tokens. But still: 321 from 610 is 52,6 % - so let’s say it’s a half of projects who resigned from informing their communities about their next steps, the vision, the background and so on. Well, we’re at the moment where anything can happen with crypto, so why not - there is no The 10 Commandments about crypto, no “official” standards, so everyone are choosing what is best for them,
e) social media:
all those above are per 610.
Those data were really interesting for me! Look how many of those projects own a Twitter account: 452 of them! And only 215 of them have a github. I’m amazed how many of them (29) are using discord - it’s getting more and more popular concerning blockchain community - and not all of them were connected to gaming industry!
Why did we research those tokens?
We were collecting a useful content for our (beta)platform for crypto-investors trivial.co where users can get information about different coins/tokens, you can check it here:
TOKENS: If you would like to check for example ZRX- 0x tokens you can do that here: https://trivial.co/t/0xe41d2489571d322189246dafa5ebde1f4699f498 (the number in the link is just a smart contract number of ZRX - you can check it with any different token on Ethereum blockchain).
ACCOUNTS: If you would like to check the balance or tokens of any address - you can do that here: https://trivial.co/profile/XXX - where XXX is any account number. So basically it’s working like etherscan - we don’t collect any data, it’s always on users’ site.
We had to research each of them listed on EtherDelta manually, which means reading everything about those projects one by one, so we could get as much knowledge as possible on every token and team behind it.
I don’t know if any token creator will update their projects’ websites with a good description, I know that researching those websites helped me a lot to find few tokens which I bought and will keep it for a longer time (I don't buy for trading, I decided to have less tokens but well researched and "safe"). Take care!
submitted by Martyna_anytraM to ethereum [link] [comments]

Blockchain Online Training

Blockchain Online Training Hyderabad | Blockchain Course
What is Blockchain?
The blockchain is like the tracking tool which helps the users to track the records of the transactions on all the digital currency without any kind of central recording. Every lump is connected to the computer thereby a copy is recorded automatically.
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Blockchain Class 1 | What is Blockchain |Concepts in Blockchain

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Why should you take this Blockchain Online training
1 BlockChain developer ranked 2nd among 20 fastest growing skillsets. 2.salary of “Blockchain Developer” ranges from $85k for Application Developer to $115k for Senior Software Engineer as per indeed.com 3.Bill & Melinda Gates Foundation goals to use Blockchain technology to help the two billion people worldwide who lack bank accounts 4. As per the World Economic Forum, In 2025 18% of the world’s GDP will be on Blockchain associated technologies
Financial Institutions, Insurance Sectors as well as Government Sectors are all using Block Chain technology steadily to roll-out multiple services to the customers
Who can Learn blockchain Technology Online?
Blockchain Online Training can learn everyone based on interest from any platform. 1.System administrators and DBA 2.Software Programmers/Developers 3. Students/Fresher’s 4. Software developers 5. Specialists in the banking and financial sector 6. Media and Entertainment Sector 7. Government and Public Sector 8. Healthcare and Life science sector 9. Anyone can learn interested in new technology can take this Blockchain course
Blockchain Pre-Requisites:📷
· Should have a fundamental knowledge of Linux and Command Line.
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· knowledge of programming languages like python. But not compulsory.
· Trainers of VLR training will start with all the required basics of Online Training
Objectives of the Blockchain Online Training course:
· Work with Ethereum BlockChain.
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· Work with Multichain and private BlockChain.
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· Installing Hyperledger composers.
Which Industries use the blockchain
As per the reports, the Blockchain Technology market is segmented in various fields such as 1.Insurance Sectors. 2.Banking Sector. 3.Media and Entertainment Sector. 4.Financial Institutes. 5.Government and Public Sector. 6.Automotive Sector. 7.Healthcare and Life science sector. 8.Banking Sector. 9.Retail and ECommerce Sector. Others as well.
The scope of Blockchain Market:
· By 2030, significant developments in the world’s standard of living will be attributable to the development of blockchain technology.
· Managing World trade with the help of Blockchain Technology
· By the end of 2030, most of the world trade will be conducted advantage blockchain technology.
· Blockchain will remove the requirement of the third party By the end of 2030, there will be extra trillion-dollar tokens than there will be trillion-dollar companies.
· Blockchain in Cyber Security
· By 2030, maximum governments around the world will create or adopt some form of virtual currency.
Benefits of Block Chain Technology?
Transparency: Block Chain technology maintains transparent business transactions. There is nothing like a centralized system of transactions in the block chains. Accounting: Recording and maintaining the transactions through the blockchain technology is very high. Faster Transactions: In Block Chain technology the currency is digitized and transacted within seconds. Reduces the transactional costs: In blockchain, the users can transact the digital currency with each other the sender without any intermediates like banks.
Block Chain Course Content
Decentralized Money

· Exploring Blockchain
· Bitcoin & Blockchain
o Bitcoin and its History
o Why use Bitcoins?
o Where and how to buy bitcoins




· Ethereum
· What is Ethereum?
· Ethereum Private Blockchain and Smart contracts
· Solidity basics
· Advance Solidity
Client-side signing and remotes nodes for Dapps
· Deploying DAPP using Truffle and Web3J
Running the DApp on the Ethereum node using Metamask
For Blockchain online Training contact us VLR Training 998526951
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Blockchain online training

Blockchain online training

Blockchain originally blockchain, is a growing list of called blocks, which are linked using Each block contains a cryptographic hash of the previous block, and transaction data (generally represented as a Merkle tree root hash).

https://preview.redd.it/a1zwz5waty821.jpg?width=480&format=pjpg&auto=webp&s=b9b6d3f8953094e933597acfef463283f9066114

a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. for best blockchain training visit follow link

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Blockchain course content:

Decentralized Money
·
· Transformation in trading units
· Cryptography and Crypto-currency
· Anonymity and Pseudonymity in cryptocurrencies
· Digital Signatures
· Cryptocurrency Hash codes
· Distributed networks
Exploring Blockchain
· Introduction to Blockchain.
· Why Blockchain is crucial?
· Key vocabulary while discussing Blockchain
· Distinction between databases and blockchain
· Explaining Distributed Ledger
· Blockchain ecosystem
· Blockchain structure
· Working of blockchain technology
· Permission and permission-less blockchain
Bitcoin & Blockchain
· Bitcoin and its History
· Why use Bitcoins?
· Where and how to buy bitcoins
· How to store bitcoins?
· How and where to spend bitcoins?
· Selling bitcoins
· Bitcoin transactions
· How bitcoin transactions work
· What happens in case of invalid transactions
· Parameters that invalidate the transactions
· Scripting language in bitcoin
· Applications of bitcoin script
· Nodes and a network of bitcoin
· Various roles you can play in the Bitcoin Ecosystem
Ethereum
What is Ethereum?
· What is Ether?
· How to use Ethereum?
· The Ethereum ecosystem, DApps, and DAOs
· How Ethereum mining works
· Learning Solidity
· Contract classes, Functions, and conditionals
· Inheritance & abstract contracts
· Libraries
· Types & Optimization
· Global Variables
· Debugging
· Future of Ethereum
Ethereum Private Blockchain and Smart contracts
· Private and public blockchain
· Various blockchain setup platforms
· Using Ethereum to set up private blockchain
· Steps to build a blockchain solution.
· Smart contract on Ethereum
· Compile, deploy and instantiate contracts
· Configuring, running and working with the go-Ethereum client
· Account management and mining
· Understand the different stages of a contract deployment
· How to interact with a contract once deployed?
Solidity basics
· Introduction to Solidity
· Learning Solidity
· Basics (version pragma and comments)
· Structure of a contract
· Keywords
· Data Structures (Arrays, Mapping, Structs)
· Data Types (signed and unsigned int, strings, boolean, address)
· Looping and Conditional Statements
· Inheritance
· Polymorphism
Advance Solidity
· Imports and libraries
· Extended String Functionality and Bytes
· Custom Modifiers and Error Handling
· Creating and deploying your own tokens
· Event logging, handling
· Parameter Mapping and Returning multiple variables
· State Modifiers (Pure/View/Constant/Payable)
· Transferring Ether between contracts (ERC20 and ERC223)
· Deployment
· Contract ABI
· Introduction to the Truffle Framework
· Communicating between smart contracts and HTML pages using web3.js and Metamask
· Setting up event-driven Interfaces
· Client-side signing and remotes nodes for Dapps
Deploying DAPP using Truffle and Web3J
· Creating a project structure on Truffle
· Writing the smart contract
· Compiling and migrating the smart contract
· Publishing the DApp
· How web3.js and truffle work with ReactJS
· Deploying smart contract services on the test blockchain network
· Running the DApp on the Ethereum node using Metamask
submitted by nandhani4321 to u/nandhani4321 [link] [comments]

Blockchain is the Future!

https://preview.redd.it/jyueag7hi7m21.png?width=1125&format=png&auto=webp&s=1fe2102db192a3765c778c170b0516b090765b80
Blockchain Technology, two words that have been gradually incorporated into the vocabulary of daily conversations and news headlines. Once relatively obscured, it has now entered popular discourse and turned into conversation starters. Banking behemoths and stock exchanges like JP Morgan and Swiss Stock Exchange have also chimed into the conversation alongside Telegram and Facebook. With so much buzz surrounding its hood, one can’t help but wonder just what’s so special about this technology and why the fuss about it? Here’s a simple article explaining why.

First, Let’s Get Down to the Grit. What Exactly is Blockchain Technology?
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Blockchain technology, also known as distributed ledger technology, is a virtual network that maintains and updates ledgers of data in blocks separated by cryptographic links and unique timestamps. Its first debut came with the release of Bitcoin in 2009 by an anonymous being “Satoshi Nakamoto” who used blockchain technology as a ledger to store all data culminated from financial transactions involving Bitcoin. These data records are secure and immutable, and are rendered impossible to change once contained within the chain.
After Bitcoin came a surge in projects looking to explore the the usage of blockchain technology in areas beyond data storage. One famous instance would be JP Morgan bank’s introduction of the JPM Coin in a bid to resolve slow remittance and cross-border payments.

Okay, But So What?
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At a single glance, it is difficult to identify the advantages of blockchain technology. Using a Google document for example, every user given access to the document is allowed to write any form of entry or add any data within the shared document and amend or edit the data freely. The same goes for data stored on blockchain. However, while both run on distributed networks like the Internet, Google documents are stored on the World Wide Web (WWW) model which is a client-server based network. This means that any user with the rightful authority accorded by the centralised organisation is able to amend information stored on the network. Also, when amendments are made by other users, the authority is presented with the master copy and can overwrite any changes made to the entry by other users and limit their access to the information given.
In short, blockchain technology allows everyone to have a clear transparent view of what is taking place on the server at any point of time. WWW, in contrast, allows certain privileges to administrators or higher-ups to have full say and control over transactions happening on their ledger.

How Will It Affect The Future?

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Transparency is important in cultivating digital trust and everyone knows that. The development of the Internet has shifted to the virtual network with many countries identifying blockchain technology as the key catalyst for a decentralised economy. An unspoken competition now exists amongst countries as they rush to release blockchain-friendly policies and attract potential businesses to invest in their economy.
United States, for instance, released a bill on 28 January 2019 recognising the effectiveness of the Distributed Ledger Technology (DLT). Amendments were made to the “Purpose and Structure” and “Definition” portions in the Washington State Electronics Certification Act which was in compliance with Digital Signatures and License Law to encourage the development of distributed ledgers and blockchain technology in the state.
Most recently, however, Thailand’s Securities and Exchange Commission (SEC) has approved a portal for Initial Coin Offering (ICO) in the country. According to news source Finance Magnates, director of the fintech department at the SEC Archari Suppiroj said: “In the future, the SEC will issue a criteria that allows companies to apply tokenization to securities and other assets [which] will help bridge the digital asset royal decree and securities law.”
Conclusion?
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Not everyone believes that blockchain technology will have a bright future. Still, there remains little room for doubt that to a certain extent, blockchain technology will affect all fields and industries with its ability to create a safe and secure environment for financial transactions. By itself, blockchain technology can ensure higher efficiency rates and true-blue transparency in any data sharing process.
As blockchain technology and cryptocurrency gain rapid traction all over the world, what better way to enter the crypto market than with one of the best stablecoins available, 1SG?

About 1SG:
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submitted by 1-SG to 1SG_ [link] [comments]

Walmart Is Adopting Blockchain Technology

Walmart Is Adopting Blockchain Technology

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When a lot of people got food poisoning from romaine lettuce, Walmart simply cleared every shred off its shelves. Walmart is stating that it is now equipped with a better system for knowing exactly which batches of veggies might be contaminated.
After two years of testing, Wallmart announced that it will start using blockchain in order to monitor each vegetable.
Around this time next year, more than 100 farms that supply Walmart with verdant green vegetables will be required to enter definite data about their food into a blockchain database created by IBM for Walmart and a few different retailers investigating comparable moves.
The thriving blockchain industry has created a lot of buzzes, venture, and experimentation. National banks are investigating whether it would be useful for following cash streams. Eastman Kodak has investigated a blockchain stage that could enable photographers to manage their collections and record ownership of their work, while a gathering of reporters and financial specialists are utilizing the innovation to begin a series of news publications.

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Be that as it may, basically the main genuine uses have come from digital forms of money like bitcoin, which utilize their own blockchains to store exchanges. Walmart is presently endeavoring to carry blockchain into the vocabulary of ordinary customers.
Brigid McDermott, vice president of IBM Blockchain, stated:
“It is the first real instance of doing this at scale.’’
For Walmart, the activity fits unequivocally into two key techniques: reinforcing its digital savvy and underlining the quality of its fresh food to customers. The blockchain could likewise save Walmart cash. At the point when another food-borne illness hits, the retailer would just need to dispose of the food that was at risk.
IBM is attempting to position itself as a pioneer in the developing innovation of blockchains. It is contending with established companies like Microsoft and startups like Ethereum, which have created projects in regions as varied as financial trading and music rights.
The Walmart exertion will set aside the opportunity to take off. Meanwhile, it is probably going to confront inquiries from critics of the innovation, who are suspicious of whether the blockchains being created by corporations are really that different from old-fashioned online databases.
David Gerard, the author of “Attack of the 50 Foot Blockchain’’, stated:
“I can’t see how doing this in a blockchain data format will make this magical in any way. I think it’s mostly a PR move, so these companies can sell themselves as blockchain leaders.’’
A year ago, Walmart conducted an experiment trying to follow the wellspring of cut mangos. It took seven days for Walmart workers to find the ranch in Mexico that grew mangos. With the blockchain programming created by IBM, the mangos could be tracked in a matter of seconds, as per Walmart.

https://preview.redd.it/0ikbjvdvqpw11.png?width=800&format=png&auto=webp&s=6ff8f73d1eb593918dad8d2b652623bb9ceacc9b
“The food chain is not always linear,” said Frank Yiannas, vice president for food safety at Walmart.
The blockchain is supposed to keep updated databases possible without anyone being in charge. But now, all of the data is stored on IBM’s cloud computers. This raised questions as to whether the blockchain technology is actually needed.
Simon Taylor, the co-founder of 11: FS, a consulting firm that advises companies on blockchain adoption, stated:
“The idea is right but the execution seems off. IBM took new tech that doesn’t need a middleman and made themselves the middleman.”
McDermott said that the information would be encoded in a way that will make it unimaginable for IBM to access or change it.
submitted by TokenDashboard to u/TokenDashboard [link] [comments]

Introductions to the misconceptions of Technical Analysis (for both TA practitioners and haters)

Brief introduction: I'm a undergraduate student getting my bachelor degree in Electrical Engineering & Computer Science (joint degree). I joined the cryptocurrency world after having seen my brother making so much money on Ethereum's way up from worthless to $400 (he's a really early ETH miner, and hasn't been participating in any kind of investing or speculating). By the time I noticed cryptocurrency, ETH was already $400 (I didn't even know what cryptocurrency was at the time). Trying to catch up to my brother's wealth, I started learning to speculate, then speculating. I made a fortune not enough to make me famous but it's an amount which can support me for the rest of my life and an amount no student can ever dream of. I've retired from speculating and shifted my attention to my bachelor degree (not to get a job, but because that's what I love to know). I've withdrew from crypto and converted everything to physical assets, but I’m still an enthusiast)
Disclaimer: This post is written based solely on my experience as a speculator and might not sound correct to some people.
The reason for this post: Misuse of TA floating around and people (mostly the developers themselves and some others) look at TA in disgust, saying it's stupid and delusional to predict the price with TA. I'm here to clear all this.
I’ll keep it simplest so anyone can understand. Simple Moving Average will be the tool I use and the trigger to buy/sell is when the price cross the SMA line upward/downward.
Price does not go up when it cross the SMA line upward. However, there’s something else that’s always true. Price have to cross the SMA if it’s going up (because SMA is laggy comparing to the price and always try to follow the price direction. See the link above for further explanation). To illustrate, you want to accumulate 5 XRP when it goes up. When price cross SMA, you buy 1 XRP,
_Scenario 1 : price continues to go up after that, you can buy more and more until you’ve stocked up all your 5 XRP, then enjoy the appreciation of your 5 XRP holding.
_Scenario 2 : price drops after crossing SMA, which is completely normal because the future is unpredictable. In this case, stop loss kicks in and you lose a fraction of 1 xrp. Then you wait for the next time price cross the SMA.
After repeating the same process for 10 times (just a random number), price actually goes up. You’ve lost 9 times a fractions of 1 XRP, which is nothing compare to the appreciation of your current 5 XRP holding during the appreciation.
In order to make money out of speculating, you have to stick to facts and facts alone. If you can’t understand or verify the fundamental facts, stick to other facts. In the example above, I stick to the fact that “Price have to cross the SMA if it’s going up”.
You might be asking what’s the point of TA if you still wrong 9 out of 10 times with it?? The answer is that you will be wrong 9,999 out of 10,000 times guessing without it, and profit from 5 XRP cannot cover for the 9,999 fractional loss however small those fractions are.
Under normal circumstances HOLDING will make you much much much more money than jumping in and out. When bitcoin rises from $1 to $20,000 holders enjoyed the rise from 1 -> 20,000, speculators only profited from 1$ to $20, then $30 to $100, then $1000 to $16,000. What I mean is that speculators miss part of the rise in value, plus various small losses resulted from speculation, BUT . . . .
1/ Speculating gives you certainty that you will make money. Contrary to general belief, speculating is safer than holding. In exchange for missing part of the up move, speculators will also never suffer from a complete crash, in which case holders lose everything.
2/ Speculating can outperform holding even in normal conditions, with the help of leverage buying and short selling. Assuming that the speculator operates correctly and their speculating will surely generate them profit, what leverage trading does is only amplify the winning and losing while speculating, while short selling help speculators profit from the downside during which holders suffer. Leverage trading is a tool to make money for speculators, and a tool to suicide faster for the average men who think they are speculating but they aren’t.
To summarize:
Note*: I’m not native English speaker, so pardon my vocabulary and grammar. Also, good luck at your holding and speculating. Stay safe.
submitted by zzyamuraihazz to CryptoCurrency [link] [comments]

CNBC: 'Bitcoin at Session Lows'

CNBC is going to need to learn some new vocabulary for the coming crypto revolution. There is no BTC trading 'session'. It's 24/7, you vapid teleprompter-readers.
submitted by arBettor to Bitcoin [link] [comments]

[uncensored-r/CryptoCurrency] New to Cryptocurrency? This will guide you

The following post by MrCryptoC is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7p75q3
The original post's content was as follows:
Hi guys I see alot of new faces around here and since cryptocurrency was my life the past 10months I made a page with all the information and my experiences about cryptocurrencies. feel free to DM me for more information because it is not allowed to advertise here
INDEX of my page
BEGINNER:
  • cryptocurrencies will explain you the DEFINITION of cryptocurrencies
  • different-currencies shows you which COINS that are AVAILABLE ON THE MARKET
  • crypto-vocabulary are all the words you need to know (JARGON) who-am-i is the place where you decide WHICH TRADER YOU ARE. What is your purpose??
  • different-news-sites will show you where you can find your daily NEWSUPDATES
  • where-to-buy will explain what you have to do to so you can BUY them
  • where-to-store shows you where you can safely STORAGE your cryptocurrencies
  • where-to-track-coins will make you find the sites where you watch the %CHANGES of your coins
  • where-to-trade gives the different kind of EXCHANGES and their information + conclusion
  • experiences-stories is the place where you can read some PERSONAL EXPRIENCES of people
  • golden-rules THE THINGS TO KEEP IN MIND
ADVANCED:
  • daytrading
  • coinhopping
  • coins-to-watch shows you which COINS are very ATTRACTIVE at this time
CHATS:
  • general-chat for all the questions/conversations about the different currencies
  • advanced-trading-chat for more advanced traders who want more info on daytrading and the coins to watch carefully
  • binance-help-chat for help and information about binance**
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

"The limits of my language mean the limits of my world." My proposal for a new crypto word.

The quote in the title is from Ludwig Wittgenstein, my favorite mathematician/philosophelogician/mad genius. Wittgenstein became obsessed with language and its importance in forming our realities. I quote him because we are suffering from what I believe to be a language problem in the crypto space. That is, there are too few meaningful words to describe what we are doing here. Thus the limits of the space.
On Wall Street, there are words for positions like options and futures and swaps and shorts and longs, and on and on. They also have words for assets like securities and bonds and mutual funds. Some of these will help explain our trades but we also have new asset classes we are dealing with.
Our problem is everything is a coin. We need to differentiate the purpose of these assets so that we can more adequately explain the difference between digital assets. This is essential to evangelize the public.
My proposals for standardized vocabulary is as follows:
Coin: Most fundamental asset unit of a system. Does not depend on underlying projects to succeed. It lives on its own chain. A traditional example would be the US dollar inside the United States. The Euro inside the EU. Crypto examples are Bitcoin, Ethereum, Lisk etc. Coins can be exchanged for goods or services. Many of these coins can continue to exist an exchanges from coin to coin will be needed to move between chains.
Token: Built on top of another chain or depending on another chain. Not the most basic unit asset. It is used to operate a function on its chain. It has utility of some sort. These are hard to compare to traditional assets. I like to imagine them as a crypto arcade token. But instead of games there are a variety of technologies these tokens may operate. Traditional examples are difficult because there is not really a 1:1 example that makes sense with traditional assets. Perhaps gold, if gold was required to operate a machine or technology of some sort. Golem will be a token.
(My proposed additional asset class) Ticket: Tickets are a subset of Tokens (built on top of another chain) that don't do anything. They would just be tokens from Ethereum's point of view. They represent a promise of function or represent a promise of value. They don't have utility on chain. You can't use them to operate any "machine". These are similar to growth stocks. The only utility is a store of wealth but are only useful if exchanged for a base unit coin or token on chain, or some off chain value. Tickets depend on the real world basically. Where tokens have uses even if no people on earth were left, that is not true of tickets. A ticket may be a literal ticket to a concert.
This may be helpful in ICOs where some teams are actually building real products and others are selling promises. This does not mean tickets are a scam. It just means that public faith or cooperation are required for tickets to have value. Digix is a good example of a legit ticket. Tokens are different. If no one wants to buy my gold I can still use it. If no one wants to buy my token I can consume it through some activity. An asset may be a ticket at first, then once a product is built using it, it can function as a token.
submitted by tangent20 to ethtrader [link] [comments]

[Discussion] Coinone price inflation

So I have a theory on what's going on. Lets first get our vocabulary aligned though.
Gateway Exchange: These are local exchanges that transfer your fiat to btc/eth
Altcoin Exchange: These are exchanges that allow trades between btc and altcoins.
So, the process to join the crypto marketspace first involves injecting fiat into a gateway exchange so to get btc/eth. In the US we use Coinbase, Gemini, etc. Once we have our coins we can move them to an altcoin exchange, and start trading in monero, iota, ripple, etc.
Now lets take a scenario:
1 btc = 1000 Usd
1 btc = 1000 mIOTA
1 btc = 1000 Euro
So the European trader would have to invest more for the same amount of btc given that Euro is stronger than the USD. Assuming there is only one exchange in the US and one exchange in the EU, they can set the price for btc. The European trader would feel worse about investing in IOTA because the US trader could get better value for USD/IOTA given that their btc was cheaper.
Ok now lets add one piece at a time to the above scenario. The EU adds a domestic Alt Coin exchange. This EU exchange lists: 1btc = 1000mIOTA at the start. Nothing changes. Crypto traders in the EU feel the same pain trading on an international altcoin exchange vs a domestic crypto exchange.
Now what if the EU exchange only allowed citizens of the EU to trade within it. Such a simple change does a few things. Now because the EU altcoin exchange has closed it's door to the outside world, only EU citizens will trade. Eu citizens will say, you know what. I had to pay a premium for my bitcoin, I should get more mIOTA for each btc. So some time passes and while the international Altcoin exchange still lists 1btc = 1000 mIOTA, the EU exchange lists 1btc = 1500 mIOTA. The traders in the EU are incentive to not trade outside the EU because they'll get a worse rate on their "Euro".
Now lets take this a step further and combine the domestic exchange with the altcoin exchange in Europe. Now the EU exchange acts as both an altcoin exchange and a gateway exchange however it's closed it's doors to non-EU citizens. EU traders must still go through the EU gateway exchange to convert Euro to BTC and are still not incentive to trade on the international altcoin exchanges. However because the EU exchange, due to closing it's door on the rest of the world, has a limited supply of all their altcoins. You can't get an injection of supply because your market is closed off to the world. Demand increases but supply stays the same, causing price to go up. The price of mIOTA now increases to 1btc = 800 mIOTA. At this point the EU traders never trade outside of the domestic exchange because they'll never get the same value as US traders.
Now of course this scenario never plays out because competition exists. Multiple exchanges can appear in EU all with slightly different price points, and this is what is used to stabalize the market. Some of these exchanges recognize that the 1Euro = 2 USD so they sell btc at 500 Euro = 1 btc. and suddenly your european traders have the right value to take to international altcoin exchanges.
But.... What if the exchanges are working together? Or What if the other exchanges, recognize that they are gateway exchanges and can as a whole increase the price of btc, which them causes the a segregated market within EU.
More than likely this is instead a result of country policy with crypto. Similar to how your League of Legend acocunt is tied to the Skorean equivalent of SSN, which means the korean server is exclusive to korean citizens, the crypto market is probably the same way. This would explain why uniformally across korean based crypto exchanges the price of both BTC and IOTA is inflated in comparrison to the rest of the world.
TLDR: Korean exchanges are exclusive to Koreans and create a market with a static supply but increasing demand. Koreans then have no reason to trade on international exchanges because their in house exchanges offer the altcoins they need.
Thoughts?
Edit: Formatting
submitted by RedPaperCranes to IOTAmarkets [link] [comments]

Quadriplegia and Bitcoin have nothing in common....

But at least it does for one person on this planet. Just a little story I want to share with our community. January 2013 I came across an article about Bitcoin. I don't remember what article but that was the start of my spiral down the rabbit hole. A little bit about me I'm not the most knowledgeable, computer savvy person. I consider myself smart enough to get by. I learn by reading and a lot of trial and error. Slightly above average IQ and a closet nerd. I'm college educated with an entrepreneurial heart at birth. Since I had never heard about Bitcoin before my curiosity took me to a couple more pages and eventually to the white paper. From what I understood I knew this could be big and I wanted to be part of the future. I'll admit I read the whole paper but it was brutal since I felt I needed a PhD to truly grasp the whole meaning. With more exposure from other sources I was able to piece together a solid understanding of S.N creation. I was hooked and felt I needed to be involved. I then downloaded the client but I felt alone until I found Reddit and sub/r's.
I stumbled across it all at the right time because I was fed up with social networking sites and was looking for a new community. I have easily spent several hundred hours reading articles and watching videos and immersing myself in Bitcoin and now other crypto-currencies. I know enough by scratching the surface a little every day. I guess what I'm saying is that Bitcoin and crypto-currencies has brought a new interest in my life.
The world that I wake up in everyday now is different than the world I saw 11 years ago. I was a passenger in a single car wreck that left me paralyzed from the neck down. From a fully capable able-bodied person to a dependent wheelchair user became my reality in a split second. Because of my physical limitations there are not many things that bring enjoyment to my life. But that one evening when Bitcoin entered my vocabulary, I started my journey and felt different in the sense that I'm excited every morning to look at the price whether it's up or down. I have saved and bookmarked several pages that contain valuable information that I've retained from this community.
I've dabbled of course nothing that I can't afford to lose into Bitcoin and a couple other alt coins. I've taking very good advice from those with more experience to the point that I now have cold storage wallets. I learned how to use a live bootable USB to do my bidding LOL. I am a long-term holder by nature there's nothing in our current physical world that I want more than to be able to gain my independence back. So I hope one day I will take my cold storage paper wallet and exchange One Bitcoin for a iron Man exoskeleton or spend a night in one of Elysium's magic healing beds.
I've also enjoyed learning about other platforms that may incorporate Bitcoin or are completely separate systems on their own. (Ripple, Namecoin, Etherium, etc.) I am unemployed but would love to one day work at home supporting myself with crypto-currencies. So if anybody is out there with ideas I would love to hear some opportunities that people are working on. Smart contracts is an area that I have just been exposed to and find myself trying to think ways of a career path for me. I've thought about day-trading but I know better I am not the one person that actually makes money from it. I know it's too early to tell but Bitcoin/ Blockchain technology is amazing. Anyway, I hope the boat is wheelchair accessible, To the Moon!
submitted by MazdaAhura to Bitcoin [link] [comments]

9 Simple Techniques For Forex Trading & Training Cryptocurrency VOCABULARY, LINGO, & MEMES Blockchain and Crypto: Past, Present, and Future  Douglas ... Cryptocurrency - The Lingo 3 Crypto-Language Definitions - Crypto-Speak - Episode 1

A DEX is a Decentralised Cryptocurrency Exchange. A DEX operates without a central authority like most famous crypto exchanges like Binance, Coinbase, etc. But with a decentralised exchange there are no trading fees lining any pocket of the rich. Often DEXs are built without the huge funding and the user experience of them might be less developed. Online Degree™ on Cryptocurrency & Trading is an online program with the provision of concise and effective comprehension of Cryptocurrency & trading. Cryptocurrency, notably hyped among techies and investors, is a global phenomenon that has been proved as a revolutionary headway in the journey of currency evolution. Crypto Vocabulary for Beginners 0. By Ethan Hunt on August 19 , 2018 ... FOMO has a big influence in crypto as trading is an emotionally driven decision making. FUD; ... The usual cycle in crypto when the price spikes is followed with a nearly similar fall for example, at the time of writing this post there is more than 70% drop in the Bitcoin ... airdrop – a free giveaway of new digital assets; normally used to raise awareness about a project alts – any digital asset other than Bitcoin. This can have a negative connotation – where Bitcoin is it and everything else is something less.; bag holder – someone holding an investment.Normally used when the investment has recently been under-performing its peers. Crypto trading hours; Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money. Crypto A to Z: Cryptocurrency glossary

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9 Simple Techniques For Forex Trading & Training

Earn cryptocurrency with the Bitles Crypto Trading Platform. Get start as low as $20 Up to over $250,000. ... Vocabulary Terms from the Real Estate Exam PrepAgent - Duration: 21:32. 🤣 Cryptocurrency VOCABULARY, LINGO ... An effective and highly profitable trading strategy - Duration: 26:48. SMB Capital Recommended for you. 26:48. TrustToken - Cryptocurrency Motion ... Read the blog post: https://www.warriortrading.com/ask-price-definition-day-trading-terminology/ FREE eBook: "How to Day Trade" Download Now: http://webina... The first three crypto word definitions in our new series Crypto-Speak. In this episode, Mr. Crypto defines and discusses blockchain, altcoins, and mining. This is just scratching the surface ... Understanding blockchain and cryptocurrency in a historical context. Douglas J. Pepe is a partner in New York litigation boutique Joseph Hage Aaronson. By da...

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