Posts by business
Binance Delisting Another Few Coins
Binance, one of the most popular crypto exchanges on the world is decided to delist another five coins from their platform. Here and there when some coin doesn’t have enough volume (as they like to say “continues to meet the high level of standard we expect”), they delist it; “to protect users”. So, generally, they doesn’t do that just because of the VOLUME, but the other reasons too.
This time the list contains 5 coins: CLOAK, MOD, SALT, SUB and WINGS. It is interesting that some of these coins have significant volume (in comparison to some other altcoins listed on Binance), for example, CloakCoin have daily volume over $1,000,000 USD and majority of the volume is at Binance.
Read MoreSilver Will Bypass Gold? Ethereum Over Bitcoin?
A lot of people think that he is Satoshi, he predicted some really important stuff in the past, he was popular trader of silver and gold and then he discovered Bitcoin. Call him lucky because got early in BTC is more than unreasonable, he is now multi millionaire with a lot of investments in crypto world and a lot of influence in it. He is also called as “Bitcoin maximalist”, but he has investments in other markets, so that also can’t be true.
DavinciJ has been interviewed by SGTreport Youtube channel about crypto and generally about investments today. They discussed about a wide-range of topics like financial crisis, market manipulations by governments and politicians, promise of man, changing the rules, etc. Will silver go extremely high and be more valuable than gold? Will Ethereum bypass Bitcoin in price? This and more other interesting questions and answers are here on the table.
Definitely, it is worth a time to watch this amazing video with great person as DavinciJ is. Open your mind to all possible scenarios and maybe it will help you with your financial status. Don’t blindly follow anyone and always do your own research before investing your money.
Enjoy in the video!
Read MoreIs Bitcoin Legal World Wide?
Did you know that BTC (and cryptocurrencies) is not legal everywhere in world? On one side, it is normal because the technology is still very young, but on the other side, is that really a reason for bans?
In some countries cryptocurrencies are explicitly allowed for use and trade, while others are either banned, restricted or just waiting with decisions to make it legal (or ban them). Strictly illegal countries are Algeria, Egypt, Morocco, Bolivia, Colombia, etc. According to Wikipedia, it is also illegal in China, which is really surprising because a lot of crypto stuff is coming exactly from there.
Check the map with details of legality of Bitcoin at this moments. Now, it is like this, but governments all around the world have to solve legal issues in following months/years. It looks that bankers want to last that as long as possible, but public is pressuring politicians to solve this issue.
I have found this map at Facebook.com
Germany: Facebook To Stop Tracking Users!
The German antitrust office ruled that Facebook has to stop combine personal data from multiple sources.
The Commission announced that Facebook is ordered to not use data that it is collected from third-party services and websites on Facebook’s user profiles. This is a very common practice that allows them to present more attractive products from advertisers to FB users.
At this moment Facebook collect data from a wide-range of services like Instagram, WhatsApp and others.
Gambling Rush on Cryptocurrency World
If we take just a simple look to current dApps on the market (for example at dApp radar) we can notice that the majority of the dApps are gambling oriented, created in the last 2-3 months. What happened over night that provoked this? Is it really a “game changer” producing online gambling website on blockchain? We will try to give few reasons why that happened and why is this still happening…
If we look from the usual gambler point, what is different? At ordinary online gambling website, players are compete against other players, or against the “house”. You can win, or you can lose, and that’s it. You have a lot of “house” rules, like capping your winning, probability of win (which is usually not on your side) etc.
On the other side, if you are gambling on crypto betting website, some of those rules are different. The majority of crypto gambling websites offer dividends for every stake that you take. In short words said, even if you lose you get “house coins” which you can use for collecting daily dividends from the website. More you are playing, you are getting more involved as “house owner”, and you receive significant percent of user losses in dividends.
For example, one of the most popular betting website on Tron network is TronBet.io which have their own coin called ANTE (you can stake it for dividends). Collecting and freezing ANTE, website pays dividends in TRX every day to their stake owners. New games and improvements are added almost every week, like Moon game, Ring (you can play it against the house or against other gamers) and lately they added SuperBowl betting also. Improvements like burning “lost ANTE coins” are helping in stability of ANTE coin price in the future.