What is BitShares and is it a Good Investment?

What is BitShares
and is it a Good Investment?

The recent exuberant rally in the cryptocurrency market

has brought altcoins such as ether, litecoin, and ripple into the limelight. However, there are dozens of other promising digital currencies and assets that have not only gained in substantial value in the last six months but have the potential to continue to do so over the years to come. One of these digital tokens is bitshares (BTS). In this guide, you will learn what the BitShares Project is and whether its native cryptocurrency, bitshares (BTS), could potentially make a good investment or not.

What is BitShares?

BitShares leverages blockchain technology to create “free market solutions by leveraging the power of globally decentralized consensus and decision making.” According to its founder, Daniel Larimer, however, it is more than that. In a blog post, Larimer explains that BitShares is a software, a network, a ledger, a bank, an exchange, and a currency.  

BitShares is a software that provides “a distributed multi-user database with update permissions managed by a predefined set of rules as well as public key cryptography.” BitShares is also a decentralized network run by users around the world, which keep their databases synchronized as per the rules defined by the BitShares software. This allows the BitShares network to run as long as there are at least two participants in the network communicating with each other over the Internet. Finally, a distributed ledger that records all transactions that take place on the BitShares blockchain, and it is the company behind the BitShares project.

Larimer also explains the analogy of a bank as it can fulfill the role of a bank by maintaining a distributed ledger that tracks debt collateralized by other assets. In the case of BitShares, dollar denominated debt is collateralized by BitShares’ cryptocurrency BTS. “This dollar denominated debt is a BitAsset known as BitUSD. BitShares supports any number of BitAssets including BitGold, BitSilver, BitOil, etc. Whereas normal banks practice the unsustainable business of fractional reserve banking, BitShares uses at least 200 percent reserve and is often over 300 percent reserve. Whereas normal banks use illiquid assets to back (collateralize) debt payable on demand, BitShares uses highly liquid BTS as collateral.”

Despite its broad definition and multi-faceted features, BitShares is most known for being a decentralized exchange for “smart assets” that are backed by BitShares’ cryptocurrency and can be pegged against traditional assets such as the USD or gold. The smart assets platform also allows for the creation of user-issued assets (UIA) so anyone can create digital assets on the BitShares blockchain. These digital assets can be specified to be used for a wide variety of things including crowdfunding with equity, for property rights, or as tickets for events.

BitShares’ Blockchain and Cryptocurrency

BitShares’ native cryptocurrency is also called bitshares and carries the ticket BTS. It is currently in the top 20 largest digital assets and has a market capitalization of around $400 million. The BitShares blockchain uses a Delegated Proof-of-Stake consensus mechanism, which means that voting on consensus issues can be done democratically by stakeholders. “All network parameters, from fee schedules to block intervals and transaction sizes, can be tuned via elected delegates,” the company states on its website. There are 101 elected delegates in the BitShares network who secure the network and, therefore, receive transaction fees as rewards. DPoS allows for ten transactions per second, making the BitShares network one of the fastest in the industry.

New bitshares are created in each block, and the maximum number of new shares per block decreases over time as it is the case with Bitcoin. New shares are given to BitShares’ workers who have been elected by the shareholders to run the company. The current circulating supply of bitshares is just under 2.6 billion BTS, and there is a 1 billion BTS reserve fund held by BitShares. The BitShares reserve pool is used to pay workers and receives an income from transaction fees. The total supply of BTS will not exceed 3.6 billion. Since its launch in October 2014, bitshares’ price was trading in the range from below one cent to under 4 cents and did not bring significant gains for investors. However, when the digital assets rally of spring 2017 started, the value of bitshares increased substantially along with the rest of the altcoin market to peak at its all-time high of $0.45 on June 10. At the time of writing this article, the value of bitshares stood at $0.15 per coin.

The weekly chart for BTS-BTC on the Bittrex exchange is shown below. For the week beginning July 31, BTS-BTC hit a fresh low at 0.00003977 and a bullish Doji candlestick was formed, suggesting that the downward trend may be over. A fractal buy level will form at 0.00003977; as long as the price of BitShares remains above this level until August 21. Once confirmed, we look to buy BTS-BTC, as the base line (red) indicates equilibrium at 0.00008690. Moreover, we see that the Ichimoku cloud remains green in color and the price remains above the cloud, suggesting the long-term uptrend is intact. The green part of the cloud indicates a long-term equilibrium zone around 0.00008600-0.00009400 for early 2018, suggesting BTS-BTC will revisit this area over the long run. However, a weekly close below 0.00004530 will point to further losses and suggest that a test of the support provided by the Ichimoku cloud 0.00001300 to 0.0000700 may occur. The altcoin's volume is also an attractive factor for investors, as it enjoys high interest from crypto traders and speculators, regularly in the top ten cryptoassets according to daily volume.

BitShares Crowdsales

According to Smith&Crown, BitShares ran two crowdsale campaigns to fund the development of its platform, one using protoshares and one using angelshares. Protoshares was a new cryptocurrency that used Proof of Work and was sold with the promise to give token holders a share of future products created by Invictus Innovation, the predecessor company of BitShares. The second fundraising took place in 2014 and was in the form of donations in bitcoin and protoshares to Invictus Innovation. During the crowdsale, the company managed to raise between $7 million to $15 million in exchange for angelshares to further its development. Protoshares (PTS) later turned into the cryptocurrency bitshares (BTS) while angelshares holders were also able to claim their bitshares. Both protoshares and angelshares now no longer exist.

Should You Invest in BitShares?

Like with most cryptocurrency projects, the investment story for bitshares focuses on the success or failure of its platform. BitShares has been around since 2014 developing its platform that allows users to digitize “real world” assets and trade them on the blockchain in a decentralized manner. If the digitization of traditional assets and securities becomes industry standard in the financial industry and if BitShares manages to become the go-to platform for this, then the value of bitshares (BTS) will skyrocket.

An emerging platform of interest is the OpenLedger Decentralized Conglomerate, the world’s first blockchain powered conglomerate, which is based on BitShares technology. OpenLedger hosts several projects, such as GetGame, eDEV.one, and Apptrade; GetGame is based on game-related ideas with a focus on VR, AR and blockchain-based creations, while eDEV.one is a freelancing platform based on blockchain technology.

Having said that, the competition from established international exchanges who are working on a similar blockchain-based solution could become a threat to BitShares success story. There are also other competitors in the blockchain space who are working on similar solutions such as the Waves platform, which has gained substantial momentum in the past six to twelve months and is positioning itself as a tough competitor for BitShares. If BitShares does not manage to outcompete other market participants, then it will be unlikely for its native cryptocurrency to “go to the moon.”

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

Bitcoin Bonanza: This Is Why the Initial Coin Offering Market Could Be the Next Bubble to Explode

Bitcoin Bonanza:
This Is Why the Initial Coin Offering Market Could Be the Next Bubble to Explode

There has been noise that the market for an initial coin offering (ICO) is at risk of becoming a bubble.
Should you be wary of Bitcoin?

Bitcoin has been hot.
How SEC Regulations Could Affect Cryptocurrency ICOs

There has been noise that the market for an initial coin offering (ICO) is at risk of becoming a bubble. Coins are being sold rapidly and at prices for which there is no fundamental financial statement support. It is believed that many buyers have a speculative interest and will seek to resell securities quickly on a coin exchange. What are the risks? Why are ICOs being dubbed the next bubble?

Trace Schmeltz, a partner in the Chicago and Washington, D.C. offices of Barnes & Thornburg LLP, warns there are a number of risks to be aware of when considering the ICO market. Schmeltz explains: "Some of the basic risks are, 'Will this investment appreciate in value?' 'Is the enterprise a new cryptocurrency, for example, really worth anything at all?' 'Is the white paper describing the enterprise and its expected value-proposition worth the electronic paper on which it is printed?' 'Can the offeror or the exchange through which the offering is made be hacked?'"

  • Why Bitcoin Cash Prices Are Likely to Dive Again

The U.S. Securities and Exchange Commission (SEC) moved in on the "Wild West" world of ICOs by making them subject to federal securities laws. Schmeltz stresses that there is a fundamental regulatory risk that the SEC will deem the ICO to be an unregistered offering of securities and shut it down altogether. So are ICOs here for the longterm? Yes, Schmeltz says.

"ICOs provide a valuable additional tool for anyone looking to raise capital," Schmeltz says. "But, as the SEC has made clear, anyone seeking to offer a profit-interest in their business through an ICO must ensure they follow rules for offering securities found in the Securities Act of 1933 and regulations relating to the 1933 Act."The possibility of a bubble may well stem from the general dearth of information investors and company founders embarking upon an ICO have about the market.

"I think the main common characteristic between ICOs and 'bubbles' is the lack of clear understanding of the concepts and models of the companies selling tokens by some of the token buyers," said Eddy Travia, CEO of Coinsilium, a firm that finances and manages the development of early-stage blockchain technology companies. "Some token buyers may be following trends and disregard doing a proper due diligence on the companies issuing tokens. The past price performance of some tokens may encourage speculative purchasing but there are also very promising technologies and applications being built through ICOs and token price may only be one measure of their utility."

Bitcoin has been hot.

That hazy understanding contributes all the more to potential frothiness in the ICO market. "Tokens are usually generated by early-stage companies so there is a high risk associated to the capacity of these companies to succeed, and that risk may be reflected in the token price," Travia added. "However, there are many cryptocurrency holders who understand the market and the technology and want to support it — they consciously wish to recycle cryptocurrency profits to help new blockchain companies to thrive. There are also several talented entrepreneurs who choose this method to fund their company as opposed to traditional VC funding which can come with strings attached." Token buyers, of course, should do their homework and run a due diligence process before making ay token purchase decision.

  • Bitcoin Mania Setting Up for Greatest Financial Crash in 400 Years

Jerome Rousselot, of blockchain microfinance startup Jita Ltd., believes there seems to be no end to the growth of ICO. It appears ICOs are becoming the new way to raise capital. In that sense, the accusations of a bubble market may be overblown. That's not to say there are no risks.

So what else should we be aware of?

"ICOs are a new way to raise capital for projects and a new investment vehicles for individuals and businesses," Rousselot said. "It seems ICO is, as of now, the main use case for Ethereum and many Ethereum early investors are reinvesting their wealth into ICO." Rousselot explains anyone can setup an ICO and anyone can send funds to an ICO smart contract. "Recently Bitfinex, a major crypto exchange, launched a dedicated exchange for ERC20 ICO tokens: ethfinex.com," adds Rousselot. "The ERC20 standard facilitates the development of an ICO smart contract and make it easier to trade on a market." Last year, blockchain startups raised around $200 million in ICO, which is also considered a new form of crowdfunding based on cryptocurrency.

How do ICOs differ from crowdfunding?

Schmaltz explains that crowdfunding is regulated by, and must be done according to rules promulgated by, the SEC. Accordingly, anyone attempting to conduct an ICO as "crowdfunding" must carefully follow those rules – including offering coin through an SEC registered portal, ensuring that individuals do not invest more than allowed and limiting the overall fundraising to $1,000,000 in any calendar year.

"Compared to crowdfunding, ICOs are much more liquid," Rousselot said. "This attracts a highly speculative demand. Typically, early ICO investors, founders and team get better rates. Large investors and experienced blockchain traders can also "jump the queue" by paying high fees and get tokens first. This can make ICO unfair for small investors who enter the ICO at the last stage, or buy the token only after the ICO on exchanges."

Rousselot also adds that some ICOs definitely fund great teams with good projects. Some of them are very well managed from a legal point of view. Some others are only a few web pages, a whitepaper and an ethereum address, with no real product or prototype behind, and even less product market fit. Sometimes some projects seem to raise too much money. Rousselot believes that maybe in the future we will see more capped projects, with a maximum amount to raise.

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

How to Buy Your First Cryptocurrency Coins (Ethereum, Bitcoin, Litecoin, and Ripple)

How to Buy
Your First Cryptocurrency Coins
(Ethereum, Bitcoin, Litecoin, and Ripple)
Here's a basic guide and recommendations for where to safely buy digital currencies like Ethereum.

Cryptocurrency (digital currency) is taking off this year.

New millionaires are being made almost daily as Ethereum, Bitcoin, Litecoin, Ripple, Stratis, and other cryptocurrencies reach all-time highs. It is becoming somewhat of a modern-day gold rush. As I write this, Bitcoin's "market cap" is $37 billion, with a value of $2,281 per Bitcoin. For a coin that was once worth only pennies, Bitcoin investors have made serious money in the past few years.

Bitcoin might be the oldest, but it's not the only cryptocurrency on the block. In fact, the majority of people getting into cryptocurrency are flocking to Ethereum. Ethereum has had the most impressive gains this year after recently being the first cryptocurrency to be backed by major corporations such as Microsoft, Samsung, JPMorgan Chase, and others in what's being called the Enterprise Ethereum Alliance. Ethereum does for code and programming what Bitcoin did for financial transactions. For simplicity's sake, think of Ethereum like a more advanced and sophisticated Bitcoin backed and utilized by major corporations because of its technological advances and clear pathway to building a decentralized internet.

One Ether (Ethereum's crypto token) was worth as little as $12 earlier this year, but the cryptocurrency is now worth $228 per coin with a total market cap of $21 billion. Ethereum is slowly but surely making gains on Bitcoin's market cap. Many spectators believe that "the flippening" will happen sometime this year, in which Ethereum becomes the most valuable (market cap) cryptocurrency in the world, overtaking Bitcoin in total value (total number of coins times price per coin). Ethereum isn't the only new coin on the block, but it is definitely the most promising. Others to watch that I will explain and write about in future articles include Ripple, Litecoin, Statis, and Siacoin. All these coins have something unique and technologically innovative about them.

How to Buy Your First Cryptocurrency Coin

Buying cryptocurrency is confusing for a lot of people. It's not a stock or a typical "investment." It's not like anything most people have ever seen or experienced. You don't get shares; instead you get digital coins or tokens. The coins are "better" than a paper dollar bill because they actually support a greater cause, as in Ethereum's case, to build a decentralized internet and host code and apps on a decentralized platform. And coins help "fuel" that cause, so to speak, without getting technical.

For most people in the U.S., Coinbase would be the easiest option to buy Ethereum, Bitcoin, or Litecoin (it doesn't support any others yet). After verifying your account, you can add a number of payment methods including credit or debit cards, U.S. bank accounts, or even wire transfers of funds. Other options for exchanges that will take U.S. dollars for coins are Kraken, and Gemini in the U.S. Typically you will need to verify your account with a driver's license and add other details to expand your buy limits. Since cryptocurrencies are "hard currencies," the exchanges don't want to risk getting ripped off, since you can't reverse a cryptocurrency transaction once it's done.

If you are looking for some of the newer coins that are making big movement but haven't made their way to the aforementioned exchange sites, you can look into Poloniex or Livecoin. You can transfer Bitcoin or Ethereum to these platforms from Coinbase and then exchange it for any other digital currency that you want. If you are outside the U.S., here are a few options for exchanges that take your local currency: BTC Markets (Australia), Bitthumb or Coinone (Korea), CHBTC or Huobi (China), and QuadrigaCX (Canada.)

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

Coinbase to Let Users Withdraw Bitcoin Cash After Outcry

Coinbase to Let Users Withdraw Bitcoin Cash After Outcry


The world’s most popular digital currency exchange,

Coinbase, reversed course on Thursday and announced it would accept a new bitcoin offshoot that was issued to every bitcoin owner. The reversal comes after days of tumult as angry Coinbase customers demanded to know why the company had not released their new currency, called Bitcoin Cash, to them. The exchange rate for the currency, which began trading on August 1, briefly reached $700 on Wednesday and is currently trading around $400. Coinbase announced the decision in a blog post, explaining it wanted to first ensure the company could safely support Bitcoin Cash before developing technology to support it. The exchange said it would start supporting Bitcoin cash begining

on Jan. 1, 2018.


Over the last several days, we've examined all of the relevant issues and have decided to work on adding support for bitcoin cash for Coinbase customers. We made this decision based on factors such as the security of the network, customer demand, trading volumes, and regulatory considerations. We are planning to have support for bitcoin cash by January 1, 2018, assuming no additional risks emerge during that time.

While the decision to support Bitcoin Cash may placate some Coinbase customers, others are likely to question why the company will take months to do so, even as other digital exchanges support the new currency. It’s also unclear how Coinbase’s announcement will affect a campaign by a group of customers who had vowed to file a class action lawsuit if the company did not permit them to withdraw their Bitcoin Cash. In the days preceding the arrival of Bitcoin Coin cash, Coinbase made clear it did not intend to support the new currency and advised customers who objected to the policy to withdraw their bitcoins. This position, however, appeared to trigger a stampede of withdrawals, akin to a bank run, that led many customers to complain about long delays in getting access to their funds.

Meanwhile, reports suggest a large percentage of Coinbase’s customer base elected to leave prior to August 1, which is when a so-called fork in bitcoin’s underlying software took place that gave rise to Bitcoin Cash. A graph published by analytics company BlockSeer suggests customers withdrew over half of the $1 worth billion bitcoins stored in Coinbase’s “vault” storage service:

It’s unclear how many of the departing Coinbase customers elected to cash out their bitcoins into dollars or instead to transfer it to other digital wallet services where they would be eligible to receive the Bitcoin Cash immediately. One such company, London-based Blockchain, suggested most customers chose the latter course. “It’s been a record week for Blockchain,” said a spokesperson for the company. An earlier version of this story incorrectly suggested customers had withdrawn half of 1 billion bitcoins, not $1 billion worth of bitcoin.

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

How Blockchain Technology Will Disrupt Financial Services Firms

How Blockchain Technology Will Disrupt Financial Services Firms



Creating Value through Platforms, People and Technology,”

authors Barry Libert, Megan Beck and Jerry (Yoram) Wind look at how blockchain technology will prove to be a major disruptor to the public and private sectors, starting with the financial services industry. Libert is CEO of OpenMatters and Beck is the chief insights officer. Wind is a Wharton marketing professor and director of Wharton’s SEI Center for Advanced Studies in Management. They also wrote a book called The Network Imperative: How to Survive and Grow in the Age of Digital Business Models. The authors would like to thank LiquidHub for sponsoring the research for this series.

“There are hundreds of startups with a lot of brains and money working on various alternatives to traditional banking.” — Jamie Dimon, JPMorgan Chase

The basic rules of the game for creating and capturing economic value were once fixed in place. For years, or even decades, companies pursued the same old business models (usually selling goods or services, building and renting assets and land, and offering people’s time as services) and tried to execute better than their competitors did. But now, business model disruption is changing the very nature of economic returns and industry definitions. All industries are seeing rapid displacement, disruption, and, in extreme cases, outright destruction. The financial services industry, with its large commercial and investment banks and money managers, is no exception.

“Silicon Valley is coming,” JPMorgan Chase CEO Jamie Dimon warned in his annual letter to shareholders. He said startups are coming for Wall Street, innovating and creating efficiency in areas that are important to companies such as JPMorgan, particularly in the lending and payments space. The payments startup Stripe has a multibillion-dollar valuation and a partnership with Apple Pay. Bitcoin companies and exchanges such as 21 and Coinbase are attracting tens of millions of dollars from venture capitalists. Peer-to-peer lending is booming in the small loan market with many players, including Upstart, Prosper, Funding Circle, and more. And the financial-planning startup LearnVest just got acquired for more than $250 million.

Many of these organizations are in the lending business, but are using big data and cloud technologies rather than tellers and branches to speed lending and customer acquisition. Others are leveraging network business models, such as peer-to-peer lending, to bring together would-be lenders and borrowers. According to Dimon, “We are going to work hard to make our services as seamless and competitive as theirs.” His underlying thought is this: If his company doesn’t keep pace with today’s well-capitalized upstarts, they will begin to lose relevance in a platform-centric world.

“In lots of areas, it looks like the blockchain will replace the current centralized business model of the financial services industry.”

There are many innovative, network business models that are coming after traditional financial services and banking organizations, and big banks are beginning to realize they must evolve in response if they want to remain viable in a digitally centric world — whether it comes by acquiring, partnering or developing leading-edge technologies. But what’s less clear is why, exactly, these new entrants are so disruptive and powerful. What enables them to skirt perceived constraints of these once ‘too large to fail’ incumbents and exploit unseen possibilities? In short, it is network-centered thinking with platform-based business models.

Control Shifting Away from Central Banks

In London’s Canary Wharf, a team of technologists and executives are trying to understand how to use blockchain technology to change the future of banking globally. Their leader is Blythe Masters, an ex-Wall Street commodities trader turned digital entrepreneur focused on turning the mental model and business model of the massive financial services industry and all its related parties (consumers, lawyers, accountants) on its head.

Bank executives worldwide are trying to figure out what this evolution in technology will mean for their firms. “We could go the way that file transfer technology changed music, allowing new businesses like iTunes to emerge. That is why there is such feverish activity at the moment,” said Michael Harte, chief operations and technology officer at Barclays, according to a recent article in The Financial Times. For the massive financial services sector, blockchain technology (the software behind the digital currency, Bitcoin) offers an opportunity to overhaul its existing business model, including its banking infrastructure, approach to settlements and customer interactions. But acting on this opportunity, and making the most of the blockchain, is no easy task given the core beliefs and reinforcing systems that are embedded in the industry.

Networks Are Taking Over

What is the blockchain? It is a distributed database of computers that maintains records and manages transactions. Rather than having a central authority (such as a bank), blockchain uses the network to approve “blocks,” or transactions, which are then added to the “chain” of computer code.  Cryptography is used to keep transactions secure, and the distributed nature of transaction approval makes the system harder to tamper with.

“It is only a matter of time before the broader financial services and banking industries shift to blockchain and network-based approaches.”

Blockchain technology has been hailed by its VC supporters as having revolutionary promise for all involved. “You should be taking this technology as seriously as you should have been taking the development of the Internet in the early 1990’s. It’s analogous to email for money,” said Masters, according to The Financial Times. And blockchain enthusiasts believe that the application possibilities are endless — improving the way we hold and transfer secure goods from money to deeds to music to intellectual property. In fact, blockchain, as a pure platform technology, may be able to cut out the middlemen (or middle companies) everywhere, even disrupting other disruptors like Airbnb or Uber.

In the present financial services business model, a central ledger most often acts as the custodian of that information (such as the Federal Reserve and its member banks). But in a blockchain world, the information regarding each transaction is transparently held in a digitally shared database in the cloud, without a single central body acting as the middleman. This lack of central authority is the very feature that is turning the current mental and business models of traditional financial institutions on their heads.

In a lot of areas, it looks like the blockchain will replace the current centralized business model of the financial services industry and it is easy to see how it could revolutionize all of Wall Street. The ability of the technology to provide an unforgeable record of identity, including the history of an individual’s transactions, is one area being eagerly explored. David Grace, head of global finance at PwC, said that “if you have a secure distributed ledger, it could be used to store validated ‘know your customer’ data on individuals or companies. … It’s a potentially global application that could provide more security over identity data and where that data are stored.”

It seems that the code can perform better than a real middleman in most cases.”

Clearly, we are entering a period of rapid evolution, as the financial services industry determines blockchain and what it means for their business models. Or, another scenario: A slew of startups identifies the possibilities and pulls the rug out from under big institutions. Traditional perceptions about the roles of financial players are already under attack — as it seems that the code can perform better than a real middleman in most cases. Old business models will soon fall prey to the quickly evolving technology and mental models. The network is about to do its magic: Grow and evolve without central control.

Network Business Models Will Dominate

Blockchain is already seeing use outside of the financial services sector, where it got its start. Technology and services giant IBM is adapting the blockchain methodology to develop a currency-less system that could be used for any purpose — for example, executing contracts upon delivery.

Arvind Krishna, senior vice president of IBM Research, believes that in the long run, this technology could facilitate transactions between banks or international businesses. “I want to extend banking to the 3.2 billion people who are going to come into the middle class over the next 15 years,” he said. “So I need a much lower cost of keeping a ledger. Blockchain offers some intriguing possibilities there.” A firm-centered or centrally controlled banking system clearly will not get him there, and the blockchain will allow him to leverage a digitally-enabled network as the way forward.

Join the Network Revolution

With companies such as IBM and JPMorgan Chase, as well as preeminent venture capitalist firm Andreessen Horowitz, backing this new way of facilitating financial transactions, it is only a matter of time before the broader financial services and banking industries shift to blockchain and network-based approaches Twitter  to complement, or replace, the current centralized approach. The question is not whether network business models supported by blockchain technology will disrupt these organizations, but when. So if you are a member of the current financial services industry elite — or a local bank or credit union — it’s time to become part of the digital revolution and join the network and platform-emerging world.

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

What is Siacoin and is it a Good Investment?

What is Siacoin and is it a
Good Investment?

Sia is a platform for decentralized cloud storage.

By allowing the formation of storage contracts with peers, Sia permits its users to store data across a wide network of participants in a secure, private, reliable and fault-tolerant manner. Contracts define the conditions under which a storage provider keeps user data, and require the provider to periodically submit proof of storage to reassure the client that their data is in safe hands. These contracts are stored on the blockchain such that they are publicly auditable. Sia is considered a Bitcoin derivative that includes specialized contract support. Sia’s settlement currency is aptly named Siacoin, and in the future a two-way peg will be implemented in order to financially connect the Bitcoin and Siacoin blockchains.

Sia’s Objective

Sia aims to break into the cloud storage market. The team believe this multi-billion dollar endeavour can be facilitated through blockchain technology. Offering a cheap, reliable and highly redundant cloud storage solution may prove itself worthy of competing with extortionate storage providers at both the individual and enterprise level. Sia’s primary objective is to introduce storage into the sharing economy. As the old adage goes, ‘unused memory is wasted memory;’ the team believes it is possible to liberate the unused storage of the world and unite it into a free market. Under this configuration, data is distributed across a vast network in a highly redundant manner.

This new paradigm for the cloud, where a decentralized network of ad-hoc data centers comprise a global storage solution, is extremely promising. Data remains secure through strong cryptography, storage is far more affordable, and any single point of failure is eliminated through a network of redundant nodes, ensuring the highest possible uptimes. Sia’s affordability and innovation engages competition with even the most venerable service providers.

The Mechanics


Sia transactions are somewhat a simplification of Bitcoin’s. They strip away the pay to script mechanism, opting for the multisignature M-of-N scheme for all transactions, the motive being to reduce complexity and therefore attack surface. Some extensions are made to the transaction format to allow for the enforcement of storage contracts, as detailed in the Sia whitepaper. Fundamentally, the concepts are similar to Bitcoin’s; outputs comprise some volume of coins, and inputs are used to reference coin origins.

Proof of Storage

File storage with Sia involves dividing files down into segments of constant size, then hashing them into a Merkle tree. The Merkle tree, along with the size of the file, is used to verify storage proofs. Hosts prove that they have a file in their possession by reporting hashes from that file’s Merkle tree, along with a randomly selected segment of the file itself. The random number generator used to select which segment to send as proof is seeded by the hashed concatenation of the contract ID and the previous block header.

It is assumed that, if a host consistently produces valid proofs, they are storing the whole file. The mathematics here is simple — a ‘cheating’ node storing only 50 percent of a large file will fail to produce a storage proof in 50 percent of cases, meaning that it will take an average of 13 storage proofs until you can be 99.99 percent sure the node is dishonest. The more successful storage proofs, the more confident we are that the node is honest. Nodes are financially deterred from cheating the system because, as we will learn in the next section, if the contract terminates unsuccessfully the node loses its deposit.


Contracts are formed between storage providers (otherwise referred to as hosts) and clients. This contract defines the conditions for the storage of data — specifically, the regularity with which the host is required to submit a proof of their continued storage of client data. These proofs must be continually submitted until the contract expires. Contracts are facilitated through a blockchain similar to Bitcoin, but with a few modifications. Hosts are compensated for submitting correct proofs and penalized for incorrect or missing proofs. These proofs are publicly verifiable and present on the blockchain, so network consensus can automatically enforce these contracts. This is significant, since it means that clients do not need to verify their own proofs; the network can do it for them.

Contracts are supplied with some initial funding from both the renter and the host. The money supplied from the renter is to subsidize the host for storing their files, whereas the money supplied from the host is a deposit, that the host will be forced to forfeit if the contract does not complete successfully.

As well as specifying the frequency of proof submission, file contracts define a duration, valid proof reward, invalid proof penalty, and a maximum number of proofs that can be missed. If this number is exceeded, the contract is terminated. The contracts create ‘challenge windows,’ in which hosts are obliged to submit their proofs of storage. These challenge windows work like this; if the host is able to supply a valid proof in the allotted time, an automatic payment is triggered to their ‘valid proof’ address. If they submit an invalid or late proof, the payment instead directs funds to a provably unspendable address, where the coins cannot be recovered. This mechanism is in place to prevent denial of service attacks on Sia nodes.

Feasibility of Attacking the Network

Two attack vectors in particular are mentioned in the Sia whitepaper. These are the so-called “block withholding attacks” and “closed window attacks.” The first of the two attacks, named “block withholding,” exploits the deterministic nature of random numbers on the blockchain. In short, since the execution of file contracts have to be deterministic, miners need to be able to reproduce random numbers with the same seed. Often, previous block header hashes are used as this seed. The idea with a block withholding attack is that an attacker could withhold blocks until they find one whose hash produces a favourable random number, allowing cheating nodes to produce valid proofs without having to store the entire file. This attack is unlikely, due to the fact that over 50 percent of the network needs to withhold blocks to manipulate 50 percent of the challenges.

Fundamentally, this kind of attack is financially unfavourable so they are uncommon in practice. Nevertheless, clients are able to avoid victimization in such a manner by specifying a high proof frequency in their storage contracts. The second, and perhaps more formidable, attack against the network is the “closed window attack.” Consider the scenario where miners decide to maliciously exclude valid storage proofs, resulting in the unnecessary burning of funds. Additionally, where malicious miners dominate the network, it would be possible for them to charge inordinate transaction fees for proofs to be included in blocks. These attacks are called “closed window attacks,” since the window in which clients are required to submit a proof of storage is artificially closed by malicious actors.

This attack is remedied by using a large window size, giving hosts a longer time to have their proofs acknowledged. Hosts can reasonably assume that the majority of the network acts in good faith, and therefore given enough time somebody will include their valid proof in a block. Not only this, but ultimately hosts are free to reject and deny storage contracts as they see fit — if they believe a contract opens them to closed window attacks, they are free to reject it.

Economics of Siacoin

Sia’s settlement currency is Siacoin. Siacoin is an inflationary currency, where supply will increase permanently. Sia uses, and will continue to use, a proof of work scheme. Like Bitcoin, newly minted Siacoins are awarded exclusively to miners as an incentive to keep the network secure. The target block time is approximately 10 minutes, congruent with Bitcoin. The genesis block reward was 300,000 Siacoin, and the network is configured such that this reward decrements until the reward reaches its absolute minimum of 30,000 coins per block.

A post regarding the coin supply from Sia's forum explains:

"By March of 2021, the inflation is about 3.4 percent. by March of 2026, the inflation will be about 2.9 percent. by March of 2036 it will be about 2.2 percent. In the long run, the inflation will be about 2 percent for long time. So in the long run, the inflation rate will probably be lower than the Sia network growth rate besides the lost coins.

In v1.2.x, Sia will implement a host Proof of Burn mechanism in which hosts have to burn certain siacoins to show that they are real and sincere for business to counter the sybil attack. When Sia network is getting mature, the estimate annual burned siacoins can be 0.1 to 0.5 percent of total available siacoins. The burned siacoins will offset the inflation in the long run. At some point, it could result in a deflation of siacoins."

The authors of the Siacoin whitepaper warn of its volatility, with particular reference to its early adoption phase. The volatility in the coin’s value might result in more expensive storage contracts being formed, where hosts hedge against potential losses by increasing their pricing in response to price fluctuations. It is expected that this unpredictability will be tamed once Siacoin and Bitcoin are connected via a two-way peg.

There are two avenues through which somebody can contribute to the Sia network and earn coins. The first, and perhaps the most obvious, is to mine them. Mining coins keeps the network secure by validating transactions. The second method is to become a host. By renting out spare storage, you will be subsidized in Siacoin in accordance to the contracts you agree to. Sia is developed by Nebulous Incorporated, a for-profit organization. The company have expressed their intent to make Sia their primary source of income, which concerns some members of the community. That said, the Sia platform is entirely open-source under the MIT license. The MIT license is renowned for being particularly lenient when it comes to forking and modifying the source code, so perhaps these concerns are unwarranted.

Siacoin and Siafunds

An important distinction between Siacoin and Siafunds needs to be made. Siacoin refers to the coin used, earned and mined by contributors to the Sia platform. On the other hand, Siafunds refers to a different premined coin. This coin represents a stake in the Sia platform as a business venture, rather than an internal currency used by the Sia network. Siafunds are how the Nebulous Corporation aim to generate revenue from Sia’s success as a platform.

Siafunds are used to generate profit proportional to the value of Sia as a platform. Specifically, this is done by imposing a contract creation fee of 4.9 percent. This fee is redistributed to Siafund holders. Siafunds are premined, where approximately 88 percent are held by Nebulous Corporation and the remaining 12 percent by early crowdfund backers of the project. Siafunds are a transferable asset, like Siacoin, but they cannot be used to finance storage contracts or miner fees. In a sense, Siafunds encapsulate a quantity of Siacoin. When Siafunds are transferred from one address to another, a transaction output is generated which contains the number of Siacoin generated from that particular Siafund since its previous movement. So, Siafunds can be thought of as an entitlement to some growing quantity of Siacoin.

The Outlook for SC-BTC

The ticker for Siacoin is SC, and with most of the traded volume coming from the Bisq, Bittrex, Cryptopia, HitBTC, Poloniex, and Yunbi exchanges. The weekly price action is displayed below for SC-BTC on the Poloniex exchange. At the time of writing, SC-BTC traded very close to an important fractal support at 0.00000253, around 0.00000321. The most recent fractal resistance lies at 0.00000838, and given a fractal support just recently formed, we expect SC-BTC begin to trend toward this level. Stronger bullish confirmation will be given if there is a weekly close higher than the base line (red), which lies around 0.00000433. Alternatively, a weekly close below the fractal support at 0.00000253 will point to a long-term bearish outlook for SC-BTC and we recommend to wait for a new floor to be established before committing to a long-term buy in this case.


Sia offers a scalable solution to cloud storage which introduces free memory into the sharing economy. By allowing its users to financially benefit from their spare computer memory, Sia offers unprecedented opportunities for the future of data storage. Blockchain technology has proven to be proliferating in industries where centralized solutions are withering under their deficiencies. Sia has genuine potential to democratize cloud storage, similar to how BitTorrent liberated file sharing. With its high redundancy, infrangible privacy and financial incentivisation, Sia presents an new model for the safekeeping of information where the customer has complete control of their data.

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

Bitcoin cash is crashing

Bitcoin cash is crashing


Bitcoin cash, the new cryptocurrency, is crashing.

Bitcoin cash has dropped 33%, to $290 a coin, over the past day, according to data from Coinmarketcap.com. That's down from its all-time high of $727 set on Wednesday, a day after its debut. Meanwhile, bitcoin is up 1.92%, to $2,852. On Tuesday, bitcoin split in two after a years-long battle in the cryptocurrency community over the rules that should guide bitcoin's network.

That split resulted in the creation of bitcoin cash, which was spun out of the same blockchain network as bitcoin — almost like a copy of it — but built to process more transactions more quickly. Many folks in the community think bitcoin cash's price has been inflated by issues with the technology underpinning the coin. When the cryptocurrency split, investors who stored their bitcoin in digital wallets that supported bitcoin cash received one bitcoin cash coin for every bitcoin. But many of them can't access their bitcoin cash coins, so they can't transfer them to exchanges where they can actively be bought and sold.

According to Aaron Lasher, the CMO of Breadwallet, a bitcoin wallet, the price of bitcoin cash could drop even further once those coins enter the exchanges, based on simple economics — when more people look to sell a good than to buy it, the price falls. Samson Mow, the chief strategy officer at Blockstream, told Business Insider the bitcoin cash house of cards could fall apart and that the cryptocurrency was unlikely to "survive at prices above $100 in the long term."

Sebastian Quinn-Watson, a venture partner at Blockchain Global, a bitcoin exchange operator based in Australia, said, "We have some of our key traders telling us that they will be getting out of their BCC positions by 8 August." August 8 is when SegWit, a software update for the original bitcoin blockchain, is set to go into effect. "We see 8 August as the day the bell tolls for bitcoin cash," Quinn-Watson said. "If the prices of BCC remain strong post the 8th then it is likely to be a currency for a long period. "Alternatively, we could see a consolidation in bitcoin and see it run well past its peak," he concluded.

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

The Blockchain: What It Is and Why It Matters

The Blockchain:
What It Is and Why It Matters

Chances are that you’ve heard of bitcoin, the digital currency

that many predict will revolutionize payments – or prove to be a massive fraud – depending on what you read. Bitcoin is an application that runs on the Blockchain, which is ultimately a more interesting and profound innovation. The Blockchain is a secure transaction ledger database that is shared by all parties participating in an established, distributed network of computers. It records and stores every transaction that occurs in the network, essentially eliminating the need for “trusted” third parties such as payment processors. Blockchain proponents often describe the innovation as a “transfer of trust in a trustless world,” referring to the fact that the entities participating in a transaction are not necessarily known to each other yet they exchange value with surety and no third-party validation. For this reason, the Blockchain is a potential game changer.

In 2008, Satoshi Nakamoto, the pseudonymous person or group of people credited with developing bitcoin, released a whitepaper describing the software protocol. Since then, the network has grown and bitcoin has become a recognized unit of value around the globe. Bitcoin is extremely important because it provides a mechanism for accessing the Blockchain – but it’s not the only application that can leverage the platform. Bitcoin has also been on the receiving end of some bad press, such as around the collapse of the Mt. Gox bitcoin exchange earlier last year. The Mt. Gox story is not necessarily an indictment of bitcoin. For the purposes of this post, simply remember this: bitcoin is just a mechanism for transacting on the Blockchain and the Blockchain is the key innovation.

The Blockchain: Trustworthy Transactions in a Trustless World

The Blockchain enables the anonymous exchange of digital assets, such as bitcoin, but it is not technically dependent on bitcoin. The elegance of the Blockchain is that it obviates the need for a central authority to verify trust and the transfer of value. It transfers power and control from large entities to the many, enabling safe, fast, cheaper transactions despite the fact that we may not know the entities we are dealing with.The mechanics of the Blockchain are novel and highly disruptive. As people transact in a Blockchain ecosystem, a public record of all transactions is automatically created. Computers verify each transaction with sophisticated algorithms to confirm the transfer of value and create a historical ledger of all activity. The computers that form the network that are processing the transactions are located throughout the world and importantly are not owned or controlled by any single entity. The process is real-time, and much more secure than relying on a central authority to verify a transaction.

There are many analogous concepts both ancient and modern. Technology has and will continue to transfer power and control from central authorities and distribute them to the masses. For example, time used to be determined and communicated by large clock towers that were expensive to build and maintain. Engineering innovations ultimately decentralized the quantification of time to the individual. Likewise, WhatsApp, a popular cross platform messaging app, cut the transaction cost of sending messages globally – and cut profits for the carriers. The central authority (phone carriers) lost to the application (WhatsApp) built on a decentralized network (i.e. the Internet).

Similarly, third parties that currently verify transactions (the central authority) stand to lose against the Blockchain (the decentralized network). As such, the Blockchain essentially disintermediates these third-party transaction verifiers: auditors, legal services, payment processors, brokerages and other similar organizations. While you may not be convinced that exchanging bitcoin is an invaluable service, there are many other examples of value transfer that are critical – and currently very slow and expensive. Consider the exchange of property: numerous intermediaries are currently involved in this process, such as a third-party escrow service that works for both parties to ensure a smooth transfer. The escrow service, like other services built solely on trust and verification, collect fees that would be mitigated by performing the transaction on the Blockchain – as would wire transfer fees, third party financial auditing, contract execution, etc.

The use case of the Blockchain enabling a decentralized currency exchange – such as bitcoin – is well defined and will likely be the dominant use case near term, however there are a multitude of innovative and disruptive use cases. Companies are already building their own Blockchains for various applications such as Gridcoin that leverages the Blockchain to crowdsource scientific computing projects. Gridcoin uses its own protocols that require much less computing power and electricity to manage than traditional bitcoin networks.

The Blockchain: and Why it Matters (Let’s Not Mess it Up)

The Blockchain is a foundational technology, like TCP/IP, which enables the Internet. And much like the Internet in the late 1990s, we don’t know exactly how the Blockchain will evolve, but evolve it will. Similar to the Internet, the Blockchain must also be allowed to grow unencumbered. This will require careful handling that recognizes the difference between the platform and the applications that run on it. TCP/IP empowers numerous financial applications that are regulated, but TCP/IP is not regulated as a financial instrument. The Blockchain should receive similar consideration. While the predominant use case for the Blockchain today is bitcoin currency exchange that may require regulation, this will change over time.

Had we over-regulated the Internet early on, we would have missed out on many innovations that we can’t imagine living without today. The same is true for the Blockchain. Disruptive technologies rarely fit neatly into existing regulatory considerations, but rigid regulatory frameworks have repeatedly stifled innovation. It’s likely that innovations in the Blockchain will outpace policy, let’s not slow it down.

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

Bitcoin has split in two, so you can have double the cryptocurrency

Bitcoin has split in two, so you can have double the cryptocurrency

What the split means for you


Bitcoin was split into Bitcoin Cash

A little after 8AM ET today, Bitcoin was split into Bitcoin Cash, an alternative cryptocurrency, in a chain split that had been anticipated for months. The split, called a “hard fork,” comes out of a bitcoin group’s desire to combat high transaction fees and a bitcoin size limit that made mining larger blocks invalid. This has a nuanced implication for Bitcoin owners. If you own Bitcoin and control your private keys, the same private keys can be used to spend your newly minted Bitcoin Cash.

If you own Bitcoin but don’t control the keys, then it depends on whether you’ve chosen to keep your bitcoins on a Bitcoin Cash-friendly platform or digital wallet. Each platform is treating the new Bitcoin Cash differently. To enjoy this extra currency, you should check with your platform and wallet to see what the company policy is.the world’s most popular cryptocurrency exchange has rejected the new Bitcoin Cash As a prelude to the split, Bitcoin trading platforms like CEX.io suspended Bitcoin withdrawals beforehand. CEX.io will allow both cryptocurrencies and split the coins for its customers. CEX.io chief marketing officer Eugene Kovalyk says, “Whether we will list Bitcoin Cash as a new trading pair depends on the demand. If demand is big we should consider adding it definitely…No one should lose Bitcoin Cash on our platform.”

Meanwhile, the world’s most popular cryptocurrency exchange, Coinbase, has rejected the new Bitcoin Cash to some customers’ chagrin. It argues that their systems can’t support Bitcoin Cash without a major system rework that is currently not worth the unknown value of Bitcoin Cash. A spokeswoman for CoinBase says, “If this decision were to change in the future and Coinbase was to access Bitcoin Cash, we would distribute Bitcoin Cash to customers associated with Bitcoin balances at the time of the fork. Coinbase would not keep the Bitcoin Cash associated with customer Bitcoin balances.” The exchange allowed a brief window of time before August 1st for users who wished to access Bitcoin cash to withdraw their funds from Coinbase.

National police forces in Europe are seeking new cash for research on how to tackle cybercrimes involving cryptocurrencies.According to an evaluation report released late last month, the Swedish Police Authority and its counterparts in Austria and Germany are preparing to bid for funding from a program called Horizon 2020, a European Union research initiative.Specifically, the funds would be sourced from Secure Societies, a sub-section of that program focused on cybercrime initiatives. Through Horizon 2020, which was launched in 2014, the EU has made a total of €80 billion ($94.6 billion) available to cover a wide range of research areas.Setting out the law enforcement agencies' plans,

The report states:

"At present, the Swedish Police are participating in a consortium with the [Federal Police Force] in Austria and its counterpart in Germany to prepare a bid for Secure Societies on virtual currencies and the Darknet."

While the report didn't reveal the amounts to be solicited by the three police agencies, it highlights the Internal Security Fund (ISF) – a European Commission funding pool with a total of €3.8 billion allocated for member countries' police forces over the seven years until 2020. The basic allocation for Sweden under this fund currently is €21 million, according to the ISF.

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

Bitcoin to surge nearly 80% to $5,000, ethereum to double, Standpoint’s Moas predicts

Bitcoin to surge nearly 80% to $5,000, ethereum to double,
Standpoint's Moas predicts

  • Analyst Ronnie Moas said in early July he bought some bitcoin and expects it to roughly double and reach $5,000.
  • He published a full report on his findings this weekend.
  • Moas said he's bought bitcoin, ethereum, litecoin and several other major digital currencies.


After testing out digital currencies earlier this month,

independent stock research analyst Ronnie Moas on Sunday published the first two parts of his 122-page report on bitcoin and other digital currencies. "In my view, the genie is out of the bottle, and cryptocurrencies will continue to rise and take market share away from stocks, other precious metals, bonds and currencies," Moas, founder of Standpoint Research, said in the report. "I think investors should take a shot on this and hold for a few years. If you lose a few bucks, at least you took a shot," he said. "In life, you miss every shot that you do not take. It will probably be more upsetting to watch it (from the sidelines) go up another 1,000%."

Moas gave bitcoin a $5,000 price target for 2018, reflecting nearly 80 percent upside from Monday's price of about $2,800. He also expects rival digital currency ethereum to more than double in value from just under $200 to reach $400 in the next year, and another digital currency, litecoin, to double from about $40 to $80. In the next week or two, Moas said he plans to issue the third part of the 122-page report about how a fourth and much smaller digital currency could rise a few hundred percent in the near future. The stock analyst said he's bought 10 of the top 20 digital currencies by market capitalization in order to be diversified, marking the first time in 20 years he's put money into his own recommendations.

"In my view, 10-15 years from now, the charts on a few of the top 20 names will look like the Amazon, Apple, Tesla, Facebook, Netflix and Google charts look today," Moas said in the report. Moas' report comes just before a possible split in bitcoin Tuesday, if some developers go ahead with a scheduled upgrade known as Bitcoin Cash. Direct owners of bitcoin will then hold two versions of the digital currency. "The market is telling you right now that we will get through this event tomorrow," Moas told CNBC in a phone interview Monday, noting bitcoin traded close to its all-time high. The digital currency hit a record $3,025 in mid-June, fell to $1,837 in mid-July, before recovering about $1,000 to trade near $2,800 on Monday, according to CoinDesk.

Back on July 5, Moas told CNBC he bought some bitcoin, ethereum and litecoin and expects bitcoin could reach $5,000 "in a few months." He subsequently published an article on Reddit outlining his views on digital currencies. Since then, institutional attention on bitcoin has only increased. Fundstrat co-founder Tom Lee became the first major Wall Street strategist to publish a report about bitcoin on July 7. Less than a week later, Switzerland's financial market regulator authorized the first Swiss bank to manage bitcoinfor clients, while the U.S. Commodity Futures Trading Commission last Monday approved the first bitcoin options platform.

Last Tuesday, the U.S. Securities and Exchange Commission also issued a report and investors bulletin on initial coin offerings, or sales of new digital coins. I have little doubt that 1% of the money in cash, bonds, stocks and gold will end up in cryptocurrencies," Moas wrote in his report. Since the $80 billion cryptocurrency market right now is a 25th of 1 percent of the $200 trillion in gold, cash, stocks and bonds, Moas pointed out digital currencies will need to increase by 25 times in order to reach 1 percent of the overall capital market. If cryptocurrencies become part of asset allocation models and take 2 to 4 percent of capital markets, then the digital currencies will likely increase 100 times in value, Moas said

To be sure, Moas also laid out a host of risks for investing in digital currencies, including inherent high volatility, large-scale hacks on cryptocurrency firms and potential regulation, especially in China, that could cause prices to "collapse." In addition, Moas pointed out the lack of customer support for online digital currency products. "There is no telephone support," he said in the report. "You must go to the FAQs section and spend a long time looking for the answer to whatever question you may have — and then you may not be happy with the answer. Your only other option is to send an email to customer support which could take anywhere from one-to-seven days to get a reply."

Coinbase, a popular website for buying and selling digital currencies in the U.S., has repeatedly reported website loading delays or outages in the last few months due to high customer traffic. All that said, the stock analyst said he believes the time to buy digital currencies is now. He described in his report how investors can buy bitcoin, and why financial institutions are interested in the blockchain technology behind bitcoin and other digital currencies. "I watched from the sidelines for a few years and it felt recently as if the train is leaving the station," Moas said. "I think we are still in the first quarter of a four quarter game and that even though I missed out on significant gains (2014 – 2016), it is not too late to get in."

Chuck Reynolds

Marketing Dept
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden