Bitfinex exits the USA after tough new regulations

The USA government regulations are getting worse and worse towards Cryptocurrency & making it harder for anyone to partake, it's becoming a joke now as Bitfinex trading platform gets shut down from USA members.

More sad news for USA Cryptocurrency trading fans which really makes me angry to hear such a good platform like Bitfinex is now not allowed to operate in the USA because of these new regulations that are being implemented.

I swear they just make up rules as they go along.

Members have 90 days to clear all their portfolios and if you have and US holders of ethereum ERC20 tokens have only 5 days to stop trading them on the exchange.

Leading bitcoin exchange by USD volume, Bitfinex, announced on Friday that it is exiting the U.S. retail marketplace. Effective immediately, the exchange no longer accepts verification requests for U.S. Individuals.

Now with a current backlog of verification requests and ongoing difficulties in providing USD deposit and withdrawals for U.S. individuals, we feel that the time has come to begin disengaging from U.S. retail customers.

The bankers are a running scared to what Cryptocurrency is going to achieve & do them and are doing everything they can to try and keep their power.

This is a clear sign of what is going within the industry inside of the US right now!!

” Bitfinex admitted that “compliant banking solutions for U.S. individuals remain elusive.” Consequently, the exchange stated.

Bitfinex expects the U.S. Regulatory landscape to be even more challenging in the future. “Exchanges based in the U.S. are better positioned to properly service retail U.S. Customers,” it wrote.

In addition, the exchange also announced that U.S. customers will no longer be able to trade ERC20 tokens issued through initial coin offerings (ICOs) on the exchange. This part of the changes will commence at noon UTC on August 16.

The U.S. regulatory agency, the Securities and Exchange Commission (SEC), announced in a report the organization conducted research on the current state of Initial Coin Offerings (ICO) which reported the days of all these token sales and the “Wild West” ICO period is likely coming to an end.

The report conveyed a few key statements that established that U.S. federal securities laws would apply to ICOs and digital token sales. Due to the past six months of ICO excitement, raising millions of dollars in crowdsales based off of the Ethereum protocol.

Any Organization Failing to Comply With U.S. Securities Laws Will Be Held Responsible..

"The SEC’s decision reinforces what the blockchain industry already knew: Federal securities laws apply to all new types of technologies,” Nerayoff told Bitcoin.com.  

If anything sold has the characteristics of a security, one must follow U.S. securities laws. This is the case for all technologies. And it should be expected that any organization that fails to comply with the requirements of U.S. securities laws will be held responsible.

It is now clear that some digital currencies will be viewed as securities, depending on how the tokens or coins are structured. Now we’ll see what happens as companies attempt to fit within the SEC’s guidelines.

CONCLUSION

It seems we can not even breathe without the SEC wanting a slice of the pie in today's Crypto world. The US is shooting themselves in the foot with all these regulations and rules that they just keep making up & spoiling what could be so beneficial for millions of people.

Will they look back and regret these decisions in the future as they fight the Crypto world now, but will only have one choice in the future to join and praise the Crypto concept.

What are your thoughts on Bitfinex getting shut down and all these rules the US have to play by?

The Crypto Pro's

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Bitcoin moves into new realms and Bitcoin cash is born

The day has finally come that has been on the cards for so long, which sees Bitcoin moves into new realms and Bitcoin Cash (BCH) is born.

In this blog post I will cover what all this means and works for you. So do not worry by the end of this you will get a better understanding and will learn about the future of Bitcoin.

Earlier today a subset of bitcoin's miners began operating a different software in order to create a competing cryptocurrency called Bitcoin Cash. The move would effectively find a minority of users forging ahead with their own blockchain, one that shares a transaction history with bitcoin.

As previously reported, Bitcoin Cash – which raises the size of the network's transaction blocks while doing away with other capacity upgrades – is being advanced as an alternative to existing scaling efforts. Some of those who backed prior efforts aimed at raising the block size have since moved to support Bitcoin Cash.
Yet the split is far from complete.

Thus far, that hasn't happened, and some observers believe that it could take hours or more for that block to be created. In the meantime, the original bitcoin chain has continued.

So the fork has begun and the chain has split in two, this means we now have the original Bitcoin – BTC which price still sits around $2700 a coin. Considering that everyone thought the price would drop dramatically it holds tight for now.

Only time will tell how this will be effected.

Bitcoin Cash has started trading around $200 a coin and hopefully it will grow just like its daddy BTC. As normal for now you can see a slight decline in price, but that is normal on first day of trading so no need to panic. just yet.

Many of the Bitcoin community are selling coins to get into Bitcoin cash such as Roger Ver who is liquidating thousands to partake into the new realm of Bitcoin Cash.

What is Bitcoin cash & does it offer more?

Bitcoin was designed back in 2009 & I don't quite think anyone could have expected what has happened and the success it has gained since, but there was some major processing problems and the System could not handle and process transactions fast enough to handle the community demands.

So a solution was needed and the core developers, miners, investors come up with Bitcoin Cash and the platform was born.
Bitcoin has now split into two different platforms.

Here are some FAQ from the Bitcoin Cash website
https://www.bitcoincash.org/

What is Bitcoin Cash?
Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate.

Is Bitcoin Cash different from 'Bitcoin'?
Yes.  Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash.  It is a fork of the Bitcoin blockchain ledger, with upgraded consensus rules that allow it to grow and scale.

If I own Bitcoin, do I automatically own Bitcoin Cash too?
Yes.  Because Bitcoin Cash is a fork of the ledger, that means you own the same amount of Bitcoin Cash as you did Bitcoin at the time of the forking block.  However, if your Bitcoins are stored by a third party such as an exchange, then you must inquire with them about your cash.

How is transaction replay being handled between the new and the old blockchain?
Bitcoin Cash transactions use a new flag SIGHASH_FORKID, which is non standard to the legacy blockchain.  This prevents Bitcoin Cash transactions from being replayed on the Bitcoin blockchain and vice versa.

Why was a fork necessary to create Bitcoin Cash?
The legacy Bitcoin code had a maximum limit of 1MB of data per block, or about 3 transactions per second.  Although technically simple to raise this limit, the community could not reach a consensus, even after years of debate.
 
Was the 1 MB blocksize causing problems for Bitcoin?
Yes, In 2017, capacity hit the 'invisible wall'.  Fees skyrocketed, and Bitcoin became unreliable, with some users unable to get their transactions confirmed, even after days of waiting.

Bitcoin stopped growing.  Many users, merchants, businesses and investors abandoned Bitcoin. Its marketshare among other cryptocurrencies  quickly plummeted from 95% to 40%. 

Does Bitcoin Cash fix these problems?
Yes.  Bitcoin Cash immediately raises the blocksize limit to 8MB as part of a massive on-chain scaling approach.  There will be ample capacity for everyone's transactions.

Low fees and fast confirmations will resume with Bitcoin Cash.  The network will be allowed to grow again.  Users, merchants, businesses, and investors will return.

Why didn't Bitcoin raise the blocksize if it was easy?
Some of the developers did not understand and agree with the original vision of peer-to-peer electronic cash that Satoshi Nakamoto had created. Instead, they preferred Bitcoin become a settlement layer.

Many miners and users trusted these developers, while others recognized that they were leading the community down a different road than expected. 

These two very different visions for Bitcoin are largely incompatible, which led to the community divide.

Which Development Team is In Charge of Bitcoin Cash?
Unlike the previous situation in Bitcoin, there is no one single development team for Bitcoin Cash.  There are now multiple independent teams of developers. 

This decentralization of development (and decentralization of software implementations) is a much needed and important step forward.

There are a few exchanges and wallets accepting the new technology where you will be able to attain your new BCH.

(If you would like any help understanding this move, please feel free to reach out and we will be happy to help you any way you can.)

Conclusion
Bitcoin Cash offers a new solution to speed up transactions that was needed to enhance this technology and concept of Bitcoin.

Another huge Crypto went through the same process with a hard fork last year and created two platforms which was Ethereum creating the classic and Ethereum platforms.

This has not stopped them creating success and moving forward.

I think that both Bitcoin communities will now continue to grow, but only time can tell what will happen.

No matter what the outcome Cryptocurrency will change the world as we know itAs time goes on technology evolves and becomes better so I think that Bitcoin maybe the time was right for an upgrade/ update to a system that was limited on what it could achieve.

Now we have to see if the community have made the right choice?

What are you thoughts on this move?

Please leave a comment and let us know.

Many thanks
The Crypto Pro's

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-Will Ethereum take over Bitcoin?

The talk is In the Crypto community across all platforms, forums, meet ups and around the Crypto space is wether Ethereum will take over Bitcoin or not?  

In this post I will cover this topic and hopefully give you a good vision of what is to come in the Cryptocurrency arena very soon.

For those of you who do not know Bitcoin is the media darling right now and everyone Loves Bitcoin, but is there a new Sherrif in town?


Bitcoin was an innovation & a technology the world was crying out for as the banking system is in real trouble, it is old, dated and it’s time for a change

Bitcoin started back in 2009 and  has created something that will change the world as we know it. 

Digital currency has evolved beyond anything it ever had been achieved before. The Blockchain technology was born and we will never look back now. This has provided us with a system that is more secure, transparent than anything we have ever seen before. 

We can now send value anywhere in the world just  like sending an email. This is possible all because of the Blockchain technology. Satoshi Nakamoto who was the creator of Bitcoin, we salute you for all you have done and what this will create in the future too.  

What the internet did for information the Blockchain will do to Money!!

Bitcoin has now paved the way for over 850 other Cryptocurrencies that are being designed by Entrepreneurs & Tech geeks who are all trying to create something special in this space.  There are so many different concepts and each has its own philosophy and reason for their cause of entering the market place. 


One of the leading designers is Vitalk Buterin who created the Ethereum platform after being involved with Bitcoin for many years. Vitalik was actually the chief editor of the Bitcoin magazine and is an expert programmer. The Ethereum platform was born in 2013 & is designed as a world computer. 

Ethereum is how the internet is supposed to be & a platform where anyone can come and design Decentralised Apps (dapps for short) & smart contracts that can self execute with set rules pre programmed in. 

You can Build unstoppable applications- 

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. 

The Technology is simply Mindblowing and has caught the attention of the likes of Microsoft, IBM, JP Morgan, Samasung, Mercedes just to name a few. Ethereum’s technology will transform human behaviour as we know it .There are now many Fortune 500 companies using the platform for their own  purpose to secure data using the Ethereum Blockchain. This speaks volumes for what this platform is all about. 

What is Ethereum –

Fortune 500 companies would not put their names to it unless it was really special and they see it could benefit them as well.  Ethereum is leading the charge in bringing about potentially radical transformations of business and society of the blockchain revolution.

The growth of ethereum has not even started yet & only a couple of years old the potential for growth is pretty prominent. 

When I joined Ethereum it was around the $2 mark now it is about $200 a coin. The currency is called Ether, which is actually a gas to help power the platform. (More about this in another blog)

Ether is gaining huge value due to the high demand of speculators now joining the space and all wanting a piece of the hottest trend in the world right now which is Cryptocurrency..

When Bitcoin first started the value was just 0.10c a coin. It is now around $2500 a coin. Can you imagine if you put just $100 in Bitcoin back then. Today you would be a multimillionaire. That is a fact. 

Here is the problem with Bitcoin, it is quite limited alouthgh excellent for secure peer-to-peer financial transactions but tricky to build whole businesses on. The Blockchain is limited on how many transactions it can process every ten mins, or even longer in some cases due to its huge que  & demand slows down processing times across the network.

I actually sent a Bitcoin transaction the other day for a purchase I made and it took 50 mins to be processed. That is not good if you was the merchant or like me the customer waiting for the transaction to be cleared. 

“Ethereum was designed from the outset to enable the creation of software applications that are decentralized – running on computers all over the world simultaneously. This could lead to the building of a new generation of decentralized businesses, networks and organizations, which some people believe could eventually challenge the status quo in everything from finance to government, media and manufacturing”

Ethereum is about to launch platforms that will disrupt, Uber Air BNB with a a peer to peer app service that allows the customer to interact with the driver or owner directly. No middle men needed at all which will create the ultimate sharing platform. The financial industry is about to be radically changed by this technology as well. 

Consider Ethereum’s first killer app: ICOs, or so-called initial coin offerings. These are basically crowdfunding sales; investors purchase bits of blockchain software called “tokens.” These tokens can represent anything from an interest in a company’s products to a share of future profit.

What is an ico –

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


In 2017, blockchain entrepreneurs have already raised $750-million through these ICOs. About two-thirds of them used Ethereum’s ERC20 token standard, and now the projects and organizations existing on top of Ethereum are worth billions.

Yes we love Bitcoin it has created something truly magical, it is the godfather of Cryptocurrency  and with the big decision coming on Aug 1st 2017 wether bitcoin will fork or not ,will only lend a huge hand to Ethereum rising and the Flippening taking place.  

Ethereum taking over Bitcoin looks imminent but only time can tell…

CONCLUSION

With a technology this powerful, advanced & designed as a world computer, Knowing Ethereum is also being backed by the likes Of Microsoft, Samsung, IBM, JP Morgan to name but a few,I think there will be only one winner in my opinion in the Crypto space between Bitcoin & Ethereum.

Imagine this – If it does really achieve what they say it will and surpasses Bitcoin, are you going to be one that profits from the explosion, or one that looks back and says only if I took that chance? 

What is it to be? 

The choice is yours. ..

What do you think will happen between Bitcoin & Ethereum? Do you think Ethereum will pass Bitcoin? 

Please leave your comments below. If you also get value from this please Like Share & Comment on this post. 

The Crypto Pro’s 

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If you would like to work with us please also get in touch& we will arrange someone to get back to you. 

Germany’s leading food delivery service now accepts Bitcoin

In this post we are going to talk about Germany’s leading food delivery company now accepting Bitcoin.

The world is changing and Digital payments are here to stay. 
Germany’s leading food delivery service Lieferando.de who have over 11,000 restaurants are now accepting Bitcoin as payment. 

Lieferando announced this week that it has added bitcoin as a payment option. In addition to having over 11,000 partner restaurants, the company claims to have 3.9 million users and 17.3 million orders with an average order value of €19.68.

The sales are in the millions across Germany using this service.They are dominating the market place & are now leading the charge in their region. The parent company to this business is Takeaway.com. So the millions of customers who use this service will now see Bitcoin as a payment method .

This will bring huge attention to the Cryptocurrency space & just shows you that this is growing super fast & the future of payments is here. 

Lieferando.has already included information about how to pay with bitcoin on its website. Bitcoin payment is facilitated by Bitpay, just like other Takeaway.com brands that accept the cryptocurrency. Users paying with bitcoin will be redirected to Bitpay and back after payment has been made. “The bitcoin amount is always converted according to the current exchange rate of Bitpay,” the site detailed. 


In addition, Lieferando.de added, “when paying with bitcoin we do not charge any additional costs.” Paying with credit cards and Paypal, however, will incur a fee of 6%, according to Takeaway.com.
CONCLUSION-  

Bitcoin will now be gaining huge exposure across German with its leading food delivery service Lieferando.de which has over 11,000 restaurants on board. This will grow exposure to millions of people and brings huge credibility to Cryptocurrency space. 

Payments are moving to a digital form and and the new money is here to stay. The journey for any Cryptocurrency is really just getting started & if you would like to know the best Ines to buy right now please go to this post I wrote all about the industry 

https://thecryptoproezine.com/2017/06/07/the-top-cryptocurrencies-you-should-be-purchasing-right-now

How do you think this will effect the Bitcoin market & would you use this service leave a comment below and let us know what you think? 

The Crypto Pro’s 

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What is Cryptocurrency 

There is a frenzy across the world right now and it is making people go nuts, but what is it all about and why is the world CRAZY on Cryptocurrency. Everyone’s lips right now are all talking about it and it is Hot Hot Hot!!!!

In this post I will take you on a journey into Cryptocurrency & the Blockchain technology which some Experts are saying “is the biggest invention in economic history since the internet was created”

I never thought I would see anything like this in my lifetime. A movement so big it will change Money and they was go about our every day lives forever!!

A few of the smartest people on the planet who create industries and multi-billion dollar companies are all backing and putting their reputation fully behind this revolution.

Let us have a look at what they have to say about this idea, concept and technology that is changing the world as we know it!!


BILL GATES –
“THIS IS THE TECHNO FORCE OF TECHNOLOGY.”

Bill Gates just invested 400 million dollars into Microsoft in adapting this technology& have partnered with Ethereum as well. 


SIR RICHARD BRANSON-
“THIS IS THE PIONEER OF THE GLOBAL CURRENCY”

Sir Richard Branson holds a yearly Cryptocurrency event on Necker Island.


MARC ANDRESSON –

invented the Web Browser, who is the biggest investor in digital money space, Co-Founder and General Partner of Silicon Valley firm Andresson Horowitz. He sits on the Board of Directors of Facebook, eBay, and Hewlett-Packard Enterprise.invested over a billion dollars into the Blockchain technology.  


PETER THEIL – FOUNDER OF PAYPAL –
“THIS WILL CHANGE EVERYTHING”


ERIC SCHMIDT – CEO OF GOOGLE –
“THIS HAS THE POTENTIAL TO CHANGE THE WORLD AND SOMETHING THAT CAN’T BE DUPLICATED IN A DIGITAL WORLD HAS HUGE VALUE. ”

When you see the ‘Smart Money’ moving into this new industry and space with tremendous confidence and openly talking about this concept, you really should listen and take their advice. 

“What the Internet did for information, this will do to money!!”

This is more than just a currency, though it is a Technology, a Network, and a Community combined, that will change the human culture just like Google, Facebook, YouTube has done to the world already, but on a much larger scale.  

You and I now have an opportunity to be part of a change, a shift, a movement so big it will change our monetary believe’s forever. This will make a difference to our lives is such a way it will impact us for generations to come.

A system that is so positively impactful to the world it will change the way we use and transact money as we know it.. A new currency that can be sent instantly anywhere in the world just like sending an email but without the banks taking a slice of your transaction is changing money as we know it all around the globe.

If you own a Mobile phone you can start using the new currency today!!

How does that sound and I have I got your attention yet??  
Ok,stick with me and I will now talk a bit more on how this all come about? 

Money is just a language we use to say thank you as a means of exchange, and no matter where you are from you are told you have to use that currency because it’s the Country’s Currency where you were born. You have never had a choice of the currency you must use. 

That is until now!!  
In 2008 after the huge economic crash happened, an Anonymous called Satoshi Nakamoto announced he had found a way to make a financial transaction with a peer-to-peer (P2P) network that could achieve a Consensus agreement without any central controlling platform, i.e., Banks. These included instant transactions and practically no fees. Which allowed you to now become the bank and control your own money so if there were another Financial crash in the future, you would protect yourself from any further harm to your money and income and hard earned savings.


Everyone thought Satoshi was crazy!!
‘Satoshi created a white paper proving just this and in 2009 he released the software to create a decentralized cryptocurrency called Bitcoin. Satoshi proved everybody wrong and the evolution of money begun.

Bitcoin is not a company though nor is it an organization, it is far more than that. It is a Technology a Community and a Currency.

Similar to the internet; as it is not owned by anyone or tied any bank or government. It is a group of supercomputers running on mathematical laws that solve complex equations. When a sum is solved a coin is rewarded.

The first ever Bitcoin/Cryptocurrency transaction was recorded was for 2 pizzas. 
There were 2 guys, 1 from Florida and the other from London.

The Guy from Florida put a message out on the bitcoin forum who wanted to test this out.

(A reminder they had thousands of coins due to it being so low in price at just 10¢ a coin).

The guy from London replied he would make the payment for the 2 pizzas. So he rung the guys local Florida Papa Johns and ordered two pizzas. The guy from Florida sent him 10,000 coins which I think he may have regretted a few years later on as that transaction now goes down in history as the most expensive Pizza in the world valued at $20MILLION DOLLARS +.
How would that make you feel giving away something of that value??

I for one was offered Bitcoin back in 2011 but I didn’t understand it then as it was very complex and it was made for very smart IT savvy guys.

Probably one of my biggest mistakes not taking that opportunity.

When I look at Bitcoin it is amazing to see how far it has come and now valued well over $2500 a coin. Yes you read that right from 0.10 c – $2500 a coin. This goes down as the biggest returning investment of our lifetime. If you had put just $100 into Bitcoin back then you would now be a multi millionaire. 

Bitcoin is the first mover of this technology and sometimes that is not always the best place to be when it comes to technology especially when it comes to the common man. They have not reached that yet, I believe if your Grandparents Or Parents can not use the technology easily it is not going to hit mass market very easily.

When Netscape first come about Yahoo was the next mover, but that was very unorganized. Then Google came along and organized the content and made it easier for people to use.

Myspace was the first main social media to come along, and now the common man uses Facebook, and that has Billions of users now in a global market.  


Bitcoin was not really designed for the mass market, it was an experiment that gained growth very quickly. Now you can not get rid of it and you have a huge opportunity to create a lot of wealth if you play it right. There are no guarantees though it can go down in value aswell.

Every Cryptocurrency created can only ever produce a finite number of coins and is run on mathematical laws that cannot be changed. Once the number of coins is set to be created and written into the code, you can not create any more coins unless you change the code and algorithm all together. 

Each coin has a unique serial number attached that will be linked to an individua like a DNA it is unique and can not be copied in anyway. Counterfeit money is now a thing of the past Money can not be copied it is unique to the owner..There is Zero identification fraud with encrypted money hence Cryptocurrency.  Simply it is encrypted money.

Making your money much more safe and secure than any bank is the goal of this concept. 

There is only a finite number of coins available, making the new currency inflation proof. When there is a greater demand for this currency it will then drive the value up. Your money is now an appreciating asset. Unlike the usual Fiat money that will lose purchasing power every year with inflation. 

Cryptocurrency can increase in value and put money back into your pocket.

 

(This is just a demo to show Cryptocurrency increasing in value, there are no guarantees you will get a Lamborghini.)

When a transaction is made with Cryptocurrency, the transaction is recorded in a public ledger called a Blockchain. Each transaction is time stamped and dated. Every computer in the network must agree on the transaction, which then allows the sender to issue currency to the receiver, so the receiver now has the money.

In theory, this is just one true source of information and a trust value is now added to your money and transactions. That is very very powerful when you understand that.


I wrote an article on the Blockchain not so long ago which you can see here….

https://thecryptoproezine.com/2017/06/19/what-is-the-blockchain/

Cryptocurrency operates on mathematical rules. It is a computer programme and code. When Satoshi created the code for Bitcoin, he created it with 21 Million coins that could only ever be made. 

Each coin created is one sum that has been solved by a process of the computers solving the equations. The Creation of coins is called MINING. 

This is when computer programmes and algorithms solve the mathematical equations. So the mining is the computers solving the mathematical problems and creating the coins.You put in the capital to run the hardware with Electricity and the energy needed to pick away at the equations that need to be solved by the super computers. 

The more capital you put into the mining operation The more discount you receive on the return of your coins. You are in theory buying your coins at wholesale and then can sell at retail price.

If a currency has 21 Million coins like Bitcoin has that is 21 million sums that need to be solved.
For example and the easiest way for me to explain this is:

if the equation was to find a number 5 we could find 3 coins.
1+ 4 = 5 so that is one solution to the sum so that would create 1 coin.

3+ 2 = 5 that is another solution to the code so would make 1 more coin.

0 +5 = 5 ….

If I was to send my money to a friends account in this P2P decentralised network every 10 minutes, the Network agrees on what transactions have happened by a simple election that happens electronically through the Blockchain.

The Blockchain is about to change everything.This is the technology that will change human culture as we know it!! This is far more important than anything you can imagine. 

This is the start of a new form of trust we have never had in the world or in our lives before.

Nothing like this has ever been created before.When you know you have simply 100% trust on Money,votes,school grades,Loans,mortgages,cars, the list is simply endless, but when you have 1 true source of information you can never be cheated lied to or manipulated again.

This is a Multi-Trillion Dollar market just as the banking and finance sector iis today..We no longer need the banks to make transactions though. Bankless transactions are now the way we can conduct business and purchase goods and services from around the world as we choose.

We have never been able to control our money like this before it is a Social-Political Revolution (SPR) upon the world and people are waking up to the ways the banks operate by overcharging individuals for everything we do, taking money out of our pockets and putting into theirs.

People now want a better solution, and Cryptocurrency is just what the world needs right now to evolve and become a better place for us and our children to live in.

Cryptographic Currencies are Just like when the internet begun. We had no idea how it worked, and we had to learn how to use it with a learning and education process. The same comes with Digital money we have to learn how to use this and adapt to our world. We need to accept the new global currency as it is coming like a bullet train upon the world. 

You cannot un-invent this technology it is here to stay. So we can either learn about it now and position ourselves correctly so we can make some incredible profit from it. Or we can wait 5 years when we have no choice but to learn about it as it will be part of everyday life anyway.

Imagine in 5 years after reading this today and you did not take this opportunity. Then you are forced to use the new currency. Every time you place an order a product or service from anywhere or online merchant in the world. 

This is the perfect money for the I-age. It is not the money of the internet it is the internet of money. The bigger picture of what this technology can do for the world and what it can create for the people is simply incredible.This is the biggest movement in our lifetime, and I do not think we will ever see anything this important to our world economy ever again.

Start your journey today and contact The Crypto Pro’s for more information.  

Conclusion – 

Cryptocurrency is about to hange the way we use and transact money forever. It is the biggest movement of our life time It can not be hacked,or stolen. Cryptocurrency has a fixed supply, it can be sent anywhere in the world instantly with practically no fees, it can not be duplicated, it is inflation proof & it can increase in value and create you a lot of wealth. What is not to like ..

If you would like more information please contact us today and we will get back to you asap. 

The Crypto Pro’s 

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

P.S 

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If you would like to connect and or work.with us please do so here – 
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Twitter @TheCryptoPros

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Website – www.thecryptopros.com 

  

 

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

P.S 

Please like, share and comment if you get value from this. 

If you would like to connect and or work.with us please do so here – 

FB –  https://www.facebook.com/cryptopros11/

Twitter @TheCryptoPros

Youtube-  ‪https://www.thecryptoprostv.info‬

Blog – www.thecryptoproezine.com  

Website –  www.thecryptopros.com