Cryptocurrencies back on the rise

The last Few days the media made a frenzy of the little dip in price in the Cryptomarkets!!

My inbox has been non stop since, all I could say to everyone is please do not worry!!! STOP PANIKING was and is my message to everyone who wanted to know are the markets safe? 

I knew it was just a dip and today just showed why the cryptomarkets are the most amazing concept since sliced bread. The currencies are too strong to stay in a downturn for long. 

When a currency is a fixed supply and there is a huge demand for the product, it can only go one way & that is back up. There are literally thousands of people joining the Cryptocurrency communities each day. The eco system is in full swing now and you can not stop it. Experts are saying Bitcoin will go to $10,000 a coin or more in the next few years and beyond. 

Ethereum is said and believed to take over the spot as the no 1 public Cryptocurrency in what the industry is calling the flippening. This is where ethereum will overtake Bitcoin and have the biggest market cap in the industry of public coins. ,

 In fact actually ETH Went No 1 on Poloniex today. 

  

  • Bitcoin  up 
  • Ethereum up 
  • Litecoin up 
  • Ripple up 
  • NEM up 

 

Hope you get the picture about this industry and just how special it is. Yes it can be a little volitile but it will explode again very soon. There is nothing to panick about, so please do not sell your coins. This industry is an opportunity like no other out there and could potentially change yours and families future forever!! 

Why would you sell your coins now?

If anything when it does take a little dip in value, I always look to BUY MORE!!  

BUY LOW SELL HIGH..

With my knowledge & Knowing the industry it does help to my advantage and the more you get educated about it, the more you will see the opportunities out there and will be able to benefit more too. 

Play it safe, take action, the choice is yours .- 

Disclaimer:  I offer no financial advise or guarantees in anyway, I am not a financial advisor. If you chose to play the markets, you play it at your own risk. 

The Crypto Pro’s

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What is the Exodus wallet and how does it work? 

Many people in the Cryptocurrency space have no idea what is the best way to store their digital assists in a safe and secure manner. 

When you purchase your Cryptocurrency from any exchange like Coinbase,BitPanda,Bitstamp,Bittrex, Poloniex just to name a few, the best thing you can do is to take them off the exchange ASAP!!

Always Keep your digital assets safe and secure. 

Even though the exchanges are safe and offer high security, this is your money at the end of the day. You never know what could happen, the exchange could receive a cyber attack just for example. Then your coins would be in danger or worse case lost. 

Not that would be your fault, but it is always better to be safe than sorry is all I am saying. 

One of the ways I like to know that my coins are safe is storing my coins on the EXODUS WALLET which is an app you can download onto your computer. 

You can download this for free on your desktop here https://www.exodus.io/   ( No mobile version just yet)

Exodus is a slick and very user friendly app. It costs nothing to download and you can store multiple Cyptocurrencies on there from, Dash, Litecoin,Golem,Ethereum,Bitcoin ,Augur, Dogecoin & Decred.  

Exodus was created to shift power back to you to control your assets – with no banks, no brokers or institutional oversight. Store your coins on your computer and know they are safe & secure. 

My number one advise for storing coins on your computer  though is to please, please back them up. Purchase yourself and external wallet like Trazor  –  https://trezor.io/  ( I will cover this more in another post soon) 

Once you have downloaded the app,  time to set up your wallet. 

  • Set up your profile under Portfolio
  • Chose your theme/ many different styles & backgrounds
  • Click on Wallet to open up the coins available right now as listed above
  • Chose which coin/ wallet you want to fund. 
  • Deposit Funds 
  • For e.g Bitcoin -click on receive , copy address and take that to your external wallet where you purchased your coins. You will need to enter your Exodus Recieve wallet address into your send section e.g Coinbase and you can then send your coins across to Exodus to keep them secure and safe on your computer.

I really love Exodus because it is the only wallet that I know that has Shapeshift (more to come on this soon too ) intergrated already in to help you can swap any of the currencies on the fly,.

 This is very easily, very fast, no hassle or technical knowledge required. 
Exodus is designed to make exchanging blockchain assets easy. Similar to exchanging currencies when traveling to a foreign country, Exodus allows you to choose the amount you want to exchange and all the details of the exchange are automated behind the scenes.
Once an exchange begins Exodus sends your assets to our exchange partner ShapeShift. ShapeShift processes your deposit and sends back your receiving assets. Exodus shows this process in two steps, with a spinning activity circle, highlighting your current progress as the exchange takes place.

Step 1 – Sending

This is the first step once the exchange begins. During step 1 Exodus packages up the exchange order and sends your assets to our exchange partner ShapeShift. This step typically takes under a minute.
Once this step is complete, and the progress circle moves to step 2, you will see your Exodus balance temporarily decrease for the amount of your exchange. 

This process is similar to going to a bank to exchange dollars for euros. 

There is a brief moment of time when you hand over your dollars and are waiting for your euros back. It is during this time you no longer have possession of your dollars and your Exodus balance reflects this decrease while waiting for the exchange to complete.
This is normal behavior and your balance will increase back up again once the exchange process completes and your new assets are deposited into your Exodus wallet. 

Step 2 – Exchanging

This is the second step in the exchange. This process takes the longest and is where you will spend most of your time if you are watching the exchange process. When exchanging, each asset has a settlement time that ranges between 30 minutes up to 1 hour. What this means is there are different wait times for your exchange to complete. The slowest of these wait times is Bitcoin with the fastest being Ethereum. Your wait time for the exchange to complete is based on what asset you are sending in or exchanging and NOT what asset you are receiving. 

   
Exodus offers one the best wallets out in the market place in my opinion to Keep track of your portfolio, exchange coins on the fly. You can have multiple coins all in one place that you can control. Your Future Wealth really is secure with this All-in-one app that allows you to manage and exchange your blockchain assets is just brilliant. 

TIP – BACK UP YOUR ASSETS – JUST IN CASE SOMETHING EVER HAPPENED TO YOUR COMPUTER.. 

if you would like to know anything else out about how Exodus works, please get in touch and we will be happy to help you in anyway. 

The Crypto Pro’s

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Google & Richard Branson help Bitcoin wallet Blockchain raise $40 million 

Cryptocurrency is the hottest trend in the world right now and is really grabbing the attention of some of the works biggest names, who are really paying attention to this space. 

CNBC reported that Google and Richard Branson have just helped the Bitcoin Wallet BLOCKCHAIN raise $40 million to help expand the project to new heights.  

The Blockchain platform has nearly 15 million sign-ups with “billions of dollars worth of monthly consumer wallet activity” The money will be used to expand the team further and invest in more research and development.. 

The financing round was led by venture capital firm Lakestar and GV, Google’s investment arm, and included billionaire Richard Branson all in the mix , really does add tremendous value to the funding of this start up.

Blockchain Wallet is one of the most popular wallets in the market place, which is easy to use and offers users a very friendly user experience.

Blockchain was founded in 2011 and now has users in 140 countries. Its last funding round came in 2014 when it raised $30.5 million. Other investors in its latest round include Nokota Management, Digital Currency Group and existing investors Lightspeed Venture Partners, Mosaic Venture Partners, Prudence Holdings, Virgin, and Richard Branson. 

With backers like Google & Richard Branson now behind the Bloockchain Wallet confirms the seriousness of this platform.

It is exciting times ahead and I really loook forward too sseeeing what they have in store for the future ahead.

You can check out BLOCKCHAIN Wallet here- 

https://blockchain.info/wallet

The Crypto Pro’s

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You may also like this article – 

https://thecryptoproezine.com/2017/06/22/what-is-an-ico/

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What is an ICO

There is so much talk in the Cryptocurrency space right now about The ICO, but what is it? 

ICO first of all stands for Intial Coin Offering.

An ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today. ICOs provide a way for cryptocurrency project creators to raise money for their operations. Most ICOs raise money in Bitcoin or other cryptocurrencies.

The ICO usually takes place before the project is completed, and helps fund the expenses undertaken by the founding team until launch. For some of the larger projects, part of the ICO money goes into a foundation that provides ongoing support to the project. They also work as an initial distribution model for the cryptocurrency tokens.

 The ICO participants are investing in the success of the project. They can help get the word out and raise awareness in the broader community. They also provide early liquidity for the cryptocurrency tokens when they start trading. The ICO participants are also usually motivated by a profit potential if the project takes off and the tokens become worth more than the ICO price.

ICO “coins” are essentially digital coupons, tokens issued on an indelible distributed ledger, or blockchain, of the kind that underpins bitcoin, a crypto-currency. That means they can easily be traded, although unlike shares they do not confer ownership rights. […] Investors hope that successful projects will cause tokens’ value to rise. 

ICO’s are clearly the hottest topic right now. Please do your own due diligence and research into the product that you are looking to enter with. After all no one wants to lose their Cryptocurrency coins, they can be very high risk. 

Not all the ICO’s have worked out and you could be swimming with the sharks in very murky water.

Saying that though Initial Coin Offerings are now going to open opportunities that companies they have never had before. Investors will have the chance to add to projects that are gaining success and adding to a good cause that is already worth while.

 Disclaimer – Any investment you make is solely your choice, and we take no responsibility of your actions. This can be a very risky space, do your research. 

The Crypto Pro’s 

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You may also like this – https://thecryptoproezine.com/2017/06/21/monaco-visa-card-launched-for-bitcoin-ethereum/ 

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Monaco Visa Card Launched for Bitcoin & Ethereum

The new Monaco Visa Card has been launched

Introducing Monaco – The world’s best cryptocurrency card. Spend and send money globally at perfect interbank exchange rates, saving EUR30-40 on every EUR500 equivalent spent.

 Successfully just passeing through an ICO (Intital Coin Offering) this company have everything in place to create abrilliant piece of technology. This card will allow you to spend  your ether and bitcoin anywhere in the world that accepts Visa card. (ERC20 tokens coming soon) 

Just so you understand this a bit clearer – You will be spending Cryptocurrency, the retailer will be receiving the local currency of choice. This will help all involved in the Cryptocurrency community, especially those who hold ether and bitcoin. 

Monaco Card

Every time you spend with Monaco VISA® Card, you will be given perfect interbank exchange rates without markups or fees. You’ll never have to worry about exchange rates again, always getting the best deal physically possible. Amazing value and peace of mind!   

 
Fund your card with ETH/BTC

You can top-up your card with BTC/ETH and soon other ERC20 tokens. When you swipe the card, we convert an increment of your BTC/ETH/ERC20 tokens on the fly, just enough to settle the VISA® transaction. The rest sits securely in your wallet, potentially appreciating in value. 

Send money

Sending money between Monaco App users is free & real-time, with the money being instantly available for the recipient on their Monaco Card.

Stay secure

Industry leading card security features available from Monaco App – including card blocking, unblocking, setting up geographical security, online shopping capability and more.

Onboarding

Customer onboarding can be done entirely via the Monaco App – and takes less than 3 minutes. 

Connect with your money

Get instant spending notifications, add receipts to your purchases, manage your budget, and more.

Earn up to 10% Instant Cashback As You Spend

Monaco Card holders will be entitled to up to 10% Cashback Reward when spending at participating merchants. The Cashback will be settled instantly after a succesful transaction by crediting our native currency MCO to your app wallet. You will be able to trade MCO on multiple exchanges and easily convert it to BTC, ETH or fiat currencies. The Instant Cashback program will be subsidised by participating merchants.

The Monaco Visa Card wants to disrupt and make bitcoin and ethereum payments easier thanks to a debit card that can be used worldwide and wherever VISA® cards are accepted. In fact, you can pay anywhere VISA® cards are accepted. Your card will always be treated as a local currency card, you will receive interbank exchange rates without any markup and cross-border fees.

Monaco Fees

Compared to a normal debit card issued by banks, with the Monaco Visa® Card you will save 30-40 EUR on every 500EUR spent because you can fund your card with Ether and Bitcoin, instantly and for free.

Only the exact amount that you spend with your Monaco Card will be exchanged from ETH and BTC in real-time, with rest being securely stored in your wallet.
So, users can load the Monaco Card with digital currencies in real-time and free of charge and have the funds immediately accessible.
Also, users can set up rules to automatically top-up your bitcoin debit card card whenever the balance drops below a specific level you can set up anytime. 

Monaco Visa® Card is linked to your own bitcoin and/or ether wallet, and you will pay very low fees.But the very good news about Monaco is that it is free of charge when you ask for the debit card and you will pay only the 1% licensing fee on transactions.

Also, you can always change the currency of your card, as you can use it worldwide: your Monaco Visa card will always be treated as a local currency card.
  
Over all this looks incredible and I highly advise everyone to get the app when it is ready from the App Store for your desired devise. It will be available in IOS & Android very soon. Complete your e-Kyc and activate your app to order your card and start spending your Bitcoin and ether any where in the world. 

This will transform your Cryptocurrency experience making it much easier to liquidate your Cryptocurrency portfolio. Here is a video that explains it all for you 

Sources

The White Paper – https://mona.co/monaco-whitepaper.pdf

Website – https://mona.co/#section-2

What is the Blockchain 

We are probably looking at the most important invention in our lifetime and a technology that will change our economy forever!!

Experts are saying this is the biggest invention since the internet was created! 

 

The Blockchain is a public ledger that will record and verify transactions. Just like a banking ledger that records Plus and Minuses in a book this does the same with a recorded digital transfer of ownership that gets recorded into the network. So any computer in the network has a recorded document of the digital transfer that took place.

Most Blockchains follow the Bitcoin protocol and every 10 minutes the Blockchain (ledger) is updated by every computer in the system for the data or transactions will be verified accordingly. 

Then every computer in the network will have a copy of that verified time-stamped transactions. Each Block contains a piece of the last blocks data attached forming a chain of the transactions or the data that was entered. 

 

When every single computer has a copy of that Block, you know 100% the transfer has been recorded and the receiver will have their money, contract,loan,school results, votes  what ever it maybe the value has been sent and received.

You can not lie cheat or manipulate the Blockchain in anyway. Once the transaction has been verified it is irreversible.
A book starts at page 1, page 2, page 3, etc., etc. So the Blockchain is like a story in a book, and every block of data is then tied to each other one block after another.

This is run on a consensus based verification where the network has to verify the transaction giving 100% trust and validation.
The Blockchain, in theory = ONE TRUE SOURCE OF INFORMATION.

This technology is so powerful it is like having an audit company verify the books every time a transaction is made.That gives vendors security knowing that accepting the currency that any transaction is 100% verified and complete with 10 mins or faster depending on the Blockchain that is being used.

The Blockchain allows no chargebacks or fraud,no more high merchant fees ever again. Transactions can now be sent instantly with low fees. We no longer need a bank system to make a transaction.We can conduct bankless transactions outside of a controlling authority. 

The Blockchain is the middle man. 

When something is so secure, to physically hack this system is cryptographically impossible you know you are in safe hands and your money is very secure. If you would want to attack the Blockchain you would have to attack every single computer at the same time and within a ten-minute window. Which is physically impossible. Making transactions far safer and secure than any bank. The Bitcoin Blockchain is 280 times stronger than all the Supercomputers combined in the USA. 

The effect of creating a chain of blocks from the very first Genesis Block to the current block is simply huge. Each block is guaranteed to come after the previous block chronologically because the previous block’s data would otherwise not be known.
This means we cannot double spend money as the Blockchain would recognise the serial number on the coin and see that the coin has already been used and would reject that transaction. 

So we now have money that cannot be counterfeited cheated or manipulated in any way. The Blockchain would not allow any more coins to be created than is designed to create.

Each block is also practically impossible to modify once it has entered in the chain because every block after it would also have to be regenerated. These properties are what make double-spending of CryptoCurrency very difficult. All valid transactions of the blocks are transparent, and they cannotp be modified because a block,can only reference one previous block, and is impossible for two chains to merge.

It is also possible to use the Blockchain algorithm for non-financial purposes. The Blockchain is broadcast to all computers on the network that anything recorded there can be kept for safekeeping on the public ledger. This is now the safest and most secure way you could ever transact money, legal documents, loans, personal ID and much much more. 

Your money is now more secure and safe than any bank using the technology.!! 

The time is now to start learning more about this genius invention to help you get a better picture here is Don’t Tapscott who is a best selling author with the book Blockchain Revolution – explaining the Technology for you in laymen s terms.

If you would like to know more please get back to us we would be happy to answer anything for you.

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The Crypto Pro’s 

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Vladimir Putin wants to dump fiat currency for Cryptocurrency 

Vladimir Putin  seems like he loves the concept of etherum and sees at asa new solution to the outdated banking system that is tired and in desperate need for an uplift. 

 Putin even met with Ethereum founder Vitalik Buterin, and has now his sights set on becoming the first country to operate a national cryptocurrency system instead of  using the traditional banking ways.

Cryptocurrency is boardless, more safe, more secure & offers instant transactions. When you can transact a digital transfer of ownership of any value with a system that is 100% a true source of information via the blockchain technology  and smart contracts that ethereum offer, takes trust to a whole new level.

It is easy to see why Putin maybe interested in the ethereum platform as it is the blockchain of blockchains. Etherum has the power to be the next Internet with Microsoft, Intel, Jp Morgan, Samsung just to name a few all aligning with the platform really speaks for it self. (More about that in another blog to come) 

Ethereum is going to be a world computer and is designed to be able to let anyone design decentralised apps (Dapps for short),smart contracts that will revolutionise every industry in the world.  

Russia are leading the charge to change the banking system and looks like they will be using Cryptocurrency very soon. 

Ethereum really looks like it will be the choice of platform for Russia because of the advanced technology that it offers.  

“The digital economy isn’t a separate industry, it’s essentially the foundation for creating brand new business models,” Putin said.

In short, it looks like Russia has plans to deal a massive blow to the banking class and they are looking for the best ways to go about it — with Gold and Cryptocurrency. Which tthey are wasting no time about moving forward with. 
As Bloomberg reports, Russia’s central bank has already deployed an Ethereum-based blockchain as a pilot project to process online payments and verify customer data with lenders including Sberbank PJSC, Deputy Governor Olga Skorobogatova said at the St. Petersburg event. She didn’t rule out using Ethereum technologies for the development of a national virtual currency for Russia down the road.  

https://www.bloomberg.com/news/articles/2017-06-06/putin-eyes-bitcoin-rival-to-spur-economic-growth-beyond-oil-gas?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social 

Russia’s central bank has already deployed an Ethereum-based blockchain as a pilot project to process online payments and verify customer data with lenders including Sberbank PJSC, Deputy Governor Olga Skorobogatova said at the St. Petersburg event. She didn’t rule out using Ethereum technologies for the development of a national virtual currency for Russia down the road.

Last week, Russia’s state development bank VEB agreed to start using Ethereum for some administrative functions. Steelmaker Severstal PJSC tested Ethereum’s blockchain for secure transfer of international credit letters.

“Blockchain may have the same effect on businesses that the emergence on the internet once had — it would change business models, and eliminate intermediaries such as escrow agents and clerks,” said Vlad Martynov, an adviser for The Ethereum Foundation, a non-profit organization that backs the cryptocurrency. “If Russia implements it first, it will gain similar advantages to those the Western countries did at the start of the internet age.”

Times are moving fast and money is changing before our very eyes & If Russia are taking a serious look then so should you. 

The Crypto Pro’s