In this video I look at a few cryptocurrencies and try to explain why they are experiencing rapid growth or may be having corrections. I also provide tips on why currencies may be performing well, or poorly, including some advice on long term investment strategy.
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Disclaimer: I am not a financial adviser, nor am I an accountant. This is my personal opinion based on my own experience and interpretation. Everyone is responsible and accountable for their own research and financial decisions they make.
Nice video. Much appreciated, I just have something for those who are interested. "If you wake up deciding what you want to give versus what you're going to get, you become a more successful person. In other words, if you want to make money, you have to help someone else make money." - Russell Simmons, Bitcoin if you ask me would be the perfect option because analyzing the long term benefits of controlled circulation, there is a hike in the value which brings maximum profits from limited flow. I've been trading for a long time now and I've taught it wise to help others too grow, so why not be among the few in control? message my box and I'll be more than willing to show you how I got mine working.
Hi Beau, just wondered re the DMarket ICO. Almost brand new to crypto, with a minute piece of bitcoin, and 1 litecoin. Oh well gotta start somewhere. For the newbies, how and where do you go in Australia to buy these ICOs? A very basic tutorial (if you havent yet done one as still working through your previous videos), would be great. A few of the people I watch talk about them from an American view point. Thx
Thanks for the reply...would be great but keep in mind it needs to be buying ICO s for dummies..and from the point of view of Australia. I would like to try ICO s but just dont know which exchange to use or where to get them from, or what to watch out for. Many thanks for your work....:)
Hi Clearskies, good move getting into Cryptocurrencies, and by the way there is nothing wrong with Litecoin and Bitcoin, these are two of the safest cryptos to get into! A video on ICO's is a great idea and I might even do one for my next major vid. Perhaps in a day or two. Appreciate the idea! Cheers, Beau
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.