The Multilayered Cryptocurrency

Questions have arisen unto whether bitcoin is turning into a multilayered system. Well, the answer is yes. This article seeks to outline the various layers onto which bitcoin lies on. It’s all yours!

Have you heard of those who refer to bitcoin as digital gold? Clearly, the crypto-currency is quickly gaining popularity and acceptance in the crypto world. The value of the coin is estimated to rise higher. However, it is also noted that the coin can gain or lose 50% of its value overnight. This causes speculations amongst investors but the coin is nevertheless a ”digital gold”. And to the question of whether bitcoin is a multilayered system, it should be known that bitcoin exists on two main layers. These are the mining and the semantic layers.

The mining layer

This is the layer in which the coin is created. Besides bitcoins, ether is also created in this layer. After creation of the coins, valid blocks of bitcoins are transferred to the ledger. Here, currency generation is done. It should be noted that the currency is generated from transactions which are contained in the blocks of bitcoins. The blocks are known as transaction fees. The currency can also be generated from the network itself, or you can say ”from the thin air”. The main advantage of generating currency from the network is that is provides incentives to the miners.

The Semantic Layer

This provides a very important platform. The semantic layer is the layer in which bitcoins are used … Read more

Beginners’ Manual to Own Bitcoin Cryptocurrency

Bitcoin Cryptocurrency is buzzing all more than the earth, whether you are on the web or any media. It is a single of the most interesting and craziest matters took place that comes into existence in the last couple many years only. A lot more importantly, you can make an brilliant return by bitcoins investing or you can continue to keep it for a long term.

You may well be heard about Shares, Commodities, Fx, and now a new currency identified as Bitcoin trading that impacts greatly on our lives. In this beginner’s guide to Bitcoin cryptocurrency, you will get to know the A B C of Bitcoin.

About Bitcoin Cryptocurrency

The emergence of Bitcoin is however not known but a paper was posted in Oct 2008 less than the pseudonym Satoshi Nakamoto held from Japan. His id is continue to not known and thought to have close to one million bitcoins valued additional than $6 billion USD as of September 2017.

Bitcoin is a digital currency commonly recognised as cryptocurrency and is free from any geographical boundary. It is not regulated by any governing administration and all you will need is an internet relationship. As a newbie, Bitcoin know-how may possibly confuse you and a minor little bit tricky to know about it. On the other hand, I will aid you dig it further and how you can also do your first Bitcoin buying and selling at simplicity.

Bitcoin Cryptocurrency will work on blockchain technological know-how which is a … Read more

The Best Books on Cryptocurrency

The Sovereign Individual ~ by James Dale Davidson and William Rees Morg

The Sovereign Individual is one of those books that forever changes how you see the world. It was published in 1997 but the degree to which it anticipates the impact of blockchain technology will give you chills. We’re entering the fourth stage of human society, shifting from the industrial to an information age. You need to read this book to understand the scope and scale of how things are going to change.

As it becomes easier to live comfortably and earn an income anywhere, we already know that those who truly thrive in the new information age will be workers who are not tethered to a single job or career and are location independent. The pull to choose where to live based on price savings is already more appealing, but this goes beyond digital nomadism and freelance gigs; the foundations of democracy, government and money are shifting.

The authors predicted Black Tuesday and the collapse of the Soviet Union, and here they foresee that the rising power of individuals will coincide with decentralized technology nibbling away at the power of governments. The death toll for the nation states, they predicted with extraordinary prescience, will be private, digital cash. When that happens, the dynamic of governments as stationary bandits robbing hard-working citizens with taxation will change. If you’ve become someone who can solve problems for people anywhere in the world, then you’re about to enter the new cognitive elite. … Read more

4 Most Important Cryptocurrencies

Bitcoin has been known by many to be the most famous decentralized cryptocurrency. However, besides bitcoin there exists other altcoins that confer a great value as well. Are you interested in learning about other cryptocurrencies? Well, bitcoin is not alone. Here are others.

1. Litecoin (LTC)

Statistics show that as of July 2018, Litecoin had per token value of $87.56. The coin was created by former Google engineer and MIT graduate named Charlie Lee. Just like bitcoin, Litecoin is not controlled by any central authority. It uses ”scrypt” as proof of work. Different from bitcoin, Litecoin has got a faster block generation rate. This means that it offers a faster transaction confirmation.

The coin is based on an open source global payment network. The coin is generally accepted by merchants with the number growing each day. In July 2018, it had a market cap of $5.03 billion.

2. Ethereum (ETH)

It was launched in the year 2015. ETH is a decentralized software platform. It enables Distributed Applications and Smart Contracts to be built and run without downtime, fraud, control or third party interference. There exists a component called ether which acts like a vehicle within the ethereum platform. Developers seeking to develop and run applications within ethereum and investors aiming to purchases other digital currencies are the most interested parties in ether.

Value per token of ethereum as of July 2018 was $474.66 and a market cap of $ 47.84. Ethereum is the second most important cryptocurrency from bitcoin.

3. Read more

Fundamental Analysis for Trading Stocks

Fundamental analysis, the study of profits, revenue, income, assets, etc. etc. It was the mainstay of stock market investing for decades and decades. Finding a diamond in the rough, was what investors looked for, it is what mutual fund managers use today as their main tool. It is what is done by hundreds, if not thousands of brokerage houses, stock market investor services, and mutual fund managers every day of their lives. Numbers poured over, fed into software programs, then analyzed again. So much so that there is not one single fundamental analysis surprise left to be found in large cap stocks. That is so fundamental to the success of our large cap philosophy (www.livingonlargecaps.blogspot.com) that it bears repeating again. There is nothing new to be learned in fundamental analysis of large cap stocks. Everything is already known.

I suppose we should thank the countless analysts who put in countless hours fundamentally analyzing the numbers for us so we don’t have to. Because without them, we would have no beginning point. So is that to say fundamental analysis has a purpose? Of course it does. Do we use it? You bet. It is one of the first things we do use. We use in it screens, and we also use analyst’s recommendations that are based largely on fundamental analysis. We buy no stock without corroboration of analyst’s reports, and many of our screens have an analyst’s reports factor to them. So in a sense fundamental analysis is THE most important … Read more

Understanding a Stock’s PEG Ratio

A PEG ratio cannot be used alone but is a very powerful tool when integrated with the basics (price, volume and chart reading). You must enjoy crunching numbers and have a calculator handy to estimate your own PEG ratio. Access to quality statistical information from the web such as past earnings and future earning estimates is essential to calculate this fundamental indicator. A variety of websites produce a PEG ratio but I have not found one site that has a reliable PEG ratio that I can use for my own research, so I calculate it myself, ensuring accuracy with the final number.

I am going to use the definition from investopedia.com as it makes complete sense and doesn’t get too confusing (below the definition is further explanation and a current real time example, using Apple Computer).:

The PEG Ratio:
“The PEG ratio compares a stock’s price/earnings (“P/E”) ratio to its expected EPS growth rate. If the PEG ratio is equal to one, it means that the market is pricing the stock to fully reflect the stock’s EPS growth. This is “normal” in theory because, in a rational and efficient market, the P/E is supposed to reflect a stock’s future earnings growth.

If the PEG ratio is greater than one, it indicates that the stock is possibly overvalued or that the market expects future EPS growth to be greater than what is currently in the Street consensus number. Growth stocks typically have a PEG ratio greater than one because investors are … Read more