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Te History Of CRYPTOCURRENCY

 The emergence of cryptocurrency is already taking over in our daily transactions. Cryptocurrency is a digital asset that exists in the crypto world with many referring to it as ''digital gold''. But what really is cryptocurrency? You must be wondering. This is a digital asset intended to be used as a medium of exchange. Clearly, this is a close substitute for money. However, it uses a strong cryptography to secure financial transactions, to verify the transfer of assets and control the creation of additional units. All cryptocurrency is either virtual currency, digital currency or alternative currency. It is imperative to note that all cryptocurrencies use a decentralized system of control as opposed to the centralized systems of banks and other financial institutions. These decentralized systems work through a distributed ledger technology that serves a public financial database. Normally, a blockchain is used. What is a blockchain? This a continuously growing list of...

Bitcoin Brokers - Understand the Benefits of CryptoCurrency Trading

Bitcoin is a cryptocurrency, which can be spent, saved, or invested, and it can be stolen too. Trading with Bitcoins was considered to be risky, but the current trends show that it has become a big hit the binary options sector. This decentralized currency is not regulated by any Government, or by any central authority. What determines the price of Bitcoins? Bitcoin's price is determined according to the supply and demand ratio. Price increases when the demand increases, the rates plummet downwards when the demand falls. Bitcoins in circulation are limited, and new ones are created at a very slow rate. Since it does not have enough cash reserve to move the market price, its price can be extremely volatile. Bitcoin trading is popular because of - Low inflation risk - Inflation is the biggest issue for traders, because all the currencies lose some of their purchasing power when the reserve banks keep printing more currency. With Bitcoin minting system being limited to just 21 million...

The Most Dangerous Threat to Your Staff and Business Survival

 Being involved with technology solutions professionals see things that could be a real threat to you, your staff or even your business; while the internet can be seen as a wonderful tool (cloud based communications and solutions for example) and all of the other great achievements that the internet has created there is a far darker side to it all; of that there is no doubt and it can be a real threat. And factually you have in your business nowhere to run or nowhere to hide; sooner or later it becomes a high odd's bet that employee, you or your company will suffer and in severe cases the effects could even close your company overnight. Don't believe this? Read on where examples of actual major threats are shown below. Not worried? You should be! It's so dangerous that Deloitte opened a cyber threat hunting service! But on an everyday level to ordinary SME's just like your business there really is no amount of anti virus this or anti malware that available that is reall...

Prepping for a Cryptocurrency World: China Edition

 Over the past year, the cryptocurrency market took a series of heavy punches from the Chinese government. The market took the hits like a warrior, but the combos have taken its toll in many cryptocurrency investors. The market lackluster performance in 2018 pales in comparison to its stellar thousand-percent gains in 2017. What has happened? Since 2013, the Chinese government have taken measures to regulate cryptocurrency, but nothing compared to what was enforced in 2017. (Check out this article for a detailed analysis of the official notice issued by the Chinese government) 2017 was a banner year for the cryptocurrency market with all the attention and growth it has achieved. The extreme price volatility forced the Central bank to adopt more extreme measures, including the ban of initial coin offerings (ICOs) and clampdowns on domestic cryptocurrency exchanges. Soon after, mining factories in China were forced to close down, citing excessive electricity consumption. Many exchang...