Important: This position should not be considered as an investment council. The author focuses on the best coins in terms of actual use and adoption, not from a financial or investment perspective. In 2017, cryptographic markets set the new standard for simple profits. Almost every piece or chip made incredible returns. 2017 was a deluge. The increase in prices has created a positive feedback cycle, which is attracting more and more capital into Crypto. Unfortunately, but inevitably, this galloping market is leading to a massive investment. Money has been thrown indiscriminately in all kinds of dubious projects, many of which will not bear fruit. In the current bearish environment, hype and greed are replaced by a critical assessment and prudence. Especially for those who have lost money, marketing promises, endless shillings, and charismatic oratorios are no longer sufficient. Well, basic reasons to buy or hold a coin are Paramount once again. Although the technology of a cryptocurrency or ICO business plan may seem surprising without users, they are just dead projects. Essentially, Bitcoin transactions involve spending inputs (which can be thought of as Bitcoins "inside" a Bitcoin address) and then getting some change back. This way, there is a sort of chain that can be created for all Bitcoins from the initial mining transaction. When Bitcoin core does a transaction like this, it trusts that it will get the 9 BTC change back, and it will because it generated this transaction itself, or at the very least, the whole transaction won't confirm but nothing is lost. It can immediately send on this 9 BTC in a further transaction without waiting on this being confirmed because it knows where the coins are going to and it knows the transaction information in the network. However, this assumption is wrong. If the transaction is mutated, Bitcoin core may end up trying to create a new transaction using the 9 BTC change, but based on wrong input information. This is because the actual transaction ID and related data has changed in the blockchain. Had you spent $27 on Bitcoin when it was created by Satoshi Nakamoto in 2009 your investment would now be worth over $37,000,000. Widely regarded as the greatest investment vehicle of all time, Bitcoin has seen a meteoric rise during 2017 going from $777 all the way to $17,000. Creating millionaires out of opportunistic investors and leaving financial institutions open-mouthed, Bitcoin has answered its critics at every milestone this year and some believe this is just the beginning. The launch of Bitcoin futures on December 10th, which for the first time will allow investors to enter the Bitcoin market through a major regulated US exchange, implies that we are just getting started. What makes Bitcoin so valuable is that there is a finite amount in existence. There will only ever be a maximum of 21 million Bitcoins and unlike normal fiat currencies you can't just print more of them whenever you feel like. When you trade in a cryptocurrency, you are actually buying the digital assets upfront with the speculation of an increase in value. However, when you trade on the asset’s price, you get the flexibility to leveraging the market that is rising or falling. This is referred to as going short in cryptocurrency trading. You can also choose to go long, depending on the market conditions and volatility. How easily and quickly you can convert a cryptocurrency into fiat money, without affecting its market price, is called liquidity. This is an important factor because it aids in improved accuracy, faster transactions and better pricing. Typically, the crypto market is regarded as illiquid. This is because the trading transactions are widely spread across different exchanges. That means smaller trades may have a remarkable impact on the market prices of the cryptos. This is one reason why the crypto market is so volatile. Bitcoin cash is a cryptocurrency fork of Bitcoin classic. It was created in august 2017. It is worth noting that Bitcoin cash increases the size of blocks, which allows more transactions to be processed. Bitcoin mining is the process by which transactions are verified and added to the public ledger (known as the block chain). It is also the means through which new bitcoins are released. The process of mining bitcoin cash. You must be wondering how bitcoin cash is mined. 1. Mining for blocks. 2. Addition of transactions to blocks. When mining for blocks, miners use their computing power to find new blocks. The new blocks are to be added to the block chain. The entire process is under 'proof of work' protocol. When a new block is discovered, the miners who made the discovery are rewarded handsomely. Currently the reward goes at 12.5 bitcoins. There are other incentives available too. A website script that is developed with all the features and plugins of Korbit exchange is known as Korbit clone script. Korbit is a leading digital assets exchange launched in 2013 in South Korea. It mainly supports for BTC, ETH and also allows users to buy ripple. Korbit allows for pairing with KRW and the most active pairing are BTC/KRW, XRP/KRW, ETH/KRW, etc. The trade volume of Korbit exchange is $18,742,383 USD ie., 1,474 BTC. It is a script to develop an exchange as like Bitflyer with lot more additional factors and APIs. As launched in 2014,Bitflyer is a Japan based crypto asset exchange platform that posses the highest trade volume in Japan. It is known for its trustworthiness and low fees, which makes its traders and trade volume higher and higher. It is a website script to start your own cryptocurrency exchange as like Coincheck platform. Coincheck is one of the secured platforms to transfer cryptos globally as it involves two-way verification, cold wallet and system security for easy and secured transactions. It is a website script that consists of all the characteristic features of the top exchange platform Gemini. Gemini is one of the regulated New-york based crypto exchange Platform that is so safe, powerful, trusted, a faster platform to buy and sell digital currencies. Gemini involves APIs for crypto cybersecurity and it is also known as custodian. Website Script to start a platform like Bitmax. Bitmax is a cryptocurrency trading platform that supports multi trading platform access. It provides margin trading, minning and other features for their registered traders. Bitmax allows for crypto pairing and most active crypto pairing on Bitmax is BTMX/USDT.
