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A REVIEW ON EXERGLOBAL AND CURRENT IMPRESSIVE FEATURES

A REVIEW ON EXERGLOBAL AND CURRENT IMPRESSIVE FEATURES

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Blockchain technology emerged into the mainstream market because of cryptocurrency. Bitcoin was the first digital currency to adopt blockchain for it's transactions, overtime the potential of this technology was discovered to be more than a medium of transaction for cryptocurrencies. Several industries can benefit from the use of blockchain technology. Despite the finance industry being first to adopt this technology, other prestigious startups and industries have also started incorporating blockchain after noticing it's excellent features and qualities. Today, blockchain continues to transform conventional business models in different ways, thus acknowledged as the foundation for numerous development. Startups are more focused on harnessing the potential of blockchain to provide technical and innovative solutions to problems of current society. Integrating this technology into activities of modern business and startups creates pathways for gaining competitive advantage in the market. ExerGlobal is an example of such companies that have researched and adopted this technology which secures more advantage to move ahead of the competition. WHAT IS EXERGLOBAL? ExerGlobal, a worldwide affiliate and investment business venture that offers various services in Mining, Cannabis CBD products, Digital Currencies Education and Investment. The company was founded in 2017, since then, expanded it's services into cultivation and sales of cannabis in Switzerland. ExerGlobal became involved in cannabis production due to Swiss new legislation declared in 2017. This changed legislation allowed companies to manufacture and sale cannabis including associated products if only it contains less than 1% THC. Therefore, ExerGlobal aims to allow investors make huge returns from established legal cannabis farms in Switzerland via introduced secure and profitable cryptocurrency (VIRIDI coin), fully supported by viable and successful cannabis industry. MAIN FEATURES OF EXERGLOBAL - Viridi Coin A cryptocurrency created and launched by ExerGlobal in 2018. The Viridi coin is built on POW/POS, for the cannabis industry and enables users to invest as well receive good returns easily.
Benefits of Viridi Coin - Viridi coin serve as Crypto to one solution which possess cryptocurrency based digital economic system. - Available cross platform wallet named Viridi wallet. - Gives investors access to various types of investments, exchanges, wallet and transactions. - Viridi coin is developed on Explorer Blockchain that permit users to evaluate wallet balances and obtain simpler access to the wallet. - Inbuilt ecosystem enables Viridi coin owners to perform online and offline transactions.
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- Exer School This is another interesting project from ExerGlobal. The mission of Exer School is to educate interested individuals about cryptocurrencies and their impact in modern economy. Anyone can easily join and become an expert on digital currencies by learning through Exer School and it's incredible innovation. - Exer Mining Exer Mining plays a unique role of being an excellent mining program from ExerGlobal. This allows users to mine Ethereum and Monero digital currencies and can be stored in personal online account. The mined digital currencies can be traded for Litecoin. ExerGlobal team have announced that users can mine Viridi coin from the year 2020. - XPC Coin XPC coin was designed by ExerGlobal to be a proof of stake coin, which produces returns from Trading, Exer Games and Forex Trading. XPC is made available in three forms such as Life, Premium and Invest. - Exer Games A Game development branch from ExerGlobal company. Exer Games was introduced in mid 2019 and focuses on developing proprietary Casino and Smart phone games recognized as Youniq Games. The developed games is connected to XPC coin and owners will receive micro dividends from Casino and Adventure games including Viridi Forex. CONCLUSION The ExerGlobal project have introduced a new dimension of profitable investment that is unrivaled by competitors. These innovative products and services available within the expanded network of Exer Global will help propel the project ahead of the competition in the market, hence ExerGlobal requires more attention from investors because it will definitely become successful in the future.
For more details, kindly visit the official links below ; Website: https://exerglobal.com/ Mining: http://exermining.com/ White Paper: https://exerglobal.com/Download/pdf/sv/eXer%20Presentation%207lvl.pdf Facebook: https://www.facebook.com/youniqexerglobalgroup Twitter: https://twitter.com/YouniqG Telegram: https://t.me/youniq\_exerglobal\_group WRITER DETAILS, Bitcointalk Username : Johnson Knight Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary Telegram username : @crimson_osito
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Which are your Top 5 favourite coins out of the Top 100? An analysis.

I am putting together my investment portfolio for 2018 and made a complete summary of the current Top 100. Interestingly, I noticed that all coins can be categorized into 12 markets. Which markets do you think will play the biggest role in the coming year?
Here is a complete overview of all coins in an excel sheet including name, market, TPS, risk profile, time since launch (negative numbers mean that they are launching that many months in the future) and market cap. You can also sort by all of these fields of course. Coins written in bold are the strongest contenders within their market either due to having the best technology or having a small market cap and still excellent technology and potential. https://docs.google.com/spreadsheets/d/1s8PHcNvvjuy848q18py_CGcu8elRGQAUIf86EYh4QZo/edit#gid=0
The 12 markets are
  1. Currency 13 coins
  2. Platform 25 coins
  3. Ecosystem 9 coins
  4. Privacy 10 coins
  5. Currency Exchange Tool 8 coins
  6. Gaming & Gambling 5 coins
  7. Misc 15 coins
  8. Social Network 4 coins
  9. Fee Token 3 coins
  10. Decentralized Data Storage 4 coins
  11. Cloud Computing 3 coins
  12. Stable Coin 2 coins
Before we look at the individual markets, we need to take a look of the overall market and its biggest issue scalability first:
Cryptocurrencies aim to be a decentralized currency that can be used worldwide. Its goal is to replace dollar, Euro, Yen, all FIAT currencies worldwide. The coin that will achieve that will be worth several trillion dollars.
Bitcoin can only process 7 transactions per second (TPS). In order to replace all FIAT, it would need to perform at at least VISA levels, which usually processes around 3,000 TPS, up to 25,000 TPS during peak times and a maximum of 64,000 TPS. That means that this cryptocurrency would need to be able to perform at least several thousand TPS. However, a ground breaking technology should not look at current technology to set a goal for its use, i.e. estimating the number of emails sent in 1990 based on the number of faxes sent wasn’t a good estimate.
For that reason, 10,000 TPS is the absolute baseline for a cryptocurrency that wants to replace FIAT. This brings me to IOTA, which wants to connect all 80 billion IoT devices that are expected to exist by 2025, which constantly communicate with each other, creating 80 billion or more transactions per second. This is the benchmark that cryptocurrencies should be aiming for. Currently, 8 billion devices are connected to the Internet.
With its Lightning network recently launched, Bitcoin is realistically looking at 50,000 possible soon. Other notable cryptocurrencies besides IOTA and Bitcoin are Nano with 7,000 TPS already tested, Dash with several billion TPS possible with Masternodes, Neo, LISK and RHOC with 100,000 TPS by 2020, Ripple with 50,000 TPS, Ethereum with 10,000 with Sharding.
However, it needs to be said that scalability usually goes at the cost of decentralization and security. So, it needs to be seen, which of these technologies can prove itself resilient and performant.
Without further ado, here are the coins of the first market

Market 1 - Currency:

  1. Bitcoin: 1st generation blockchain with currently bad scalability currently, though the implementation of the Lightning Network looks promising and could alleviate most scalability concerns, scalability and high energy use.
  2. Ripple: Centralized currency that might become very successful due to tight involvement with banks and cross-border payments for financial institutions; banks and companies like Western Union and Moneygram (who they are currently working with) as customers customers. However, it seems they are aiming for more decentralization now.https://ripple.com/dev-blog/decentralization-strategy-update/. Has high TPS due to Proof of Correctness algorithm.
  3. Bitcoin Cash: Bitcoin fork with the difference of having an 8 times bigger block size, making it 8 times more scalable than Bitcoin currently. Further block size increases are planned. Only significant difference is bigger block size while big blocks lead to further problems that don't seem to do well beyond a few thousand TPS. Opponents to a block size argue that increasing the block size limit is unimaginative, offers only temporary relief, and damages decentralization by increasing costs of participation. In order to preserve decentralization, system requirements to participate should be kept low. To understand this, consider an extreme example: very big blocks (1GB+) would require data center level resources to validate the blockchain. This would preclude all but the wealthiest individuals from participating.Community seems more open than Bitcoin's though.
  4. Litecoin : Little brother of Bitcoin. Bitcoin fork with different mining algorithm but not much else.Copies everything that Bitcoin does pretty much. Lack of real innovation.
  5. Dash: Dash (Digital Cash) is a fork of Bitcoin and focuses on user ease. It has very fast transactions within seconds, low fees and uses Proof of Service from Masternodes for consensus. They are currently building a system called Evolution which will allow users to send money using usernames and merchants will find it easy to integrate Dash using the API. You could say Dash is trying to be a PayPal of cryptocurrencies. Currently, cryptocurrencies must choose between decentralization, speed, scalability and can pick only 2. With Masternodes, Dash picked speed and scalability at some cost of decentralization, since with Masternodes the voting power is shifted towards Masternodes, which are run by Dash users who own the most Dash.
  6. IOTA: 3rd generation blockchain called Tangle, which has a high scalability, no fees and instant transactions. IOTA aims to be the connective layer between all 80 billion IOT devices that are expected to be connected to the Internet in 2025, possibly creating 80 billion transactions per second or 800 billion TPS, who knows. However, it needs to be seen if the Tangle can keep up with this scalability and iron out its security issues that have not yet been completely resolved.
  7. Nano: 3rd generation blockchain called Block Lattice with high scalability, no fees and instant transactions. Unlike IOTA, Nano only wants to be a payment processor and nothing else, for now at least. With Nano, every user has their own blockchain and has to perform a small amount of computing for each transaction, which makes Nano perform at 300 TPS with no problems and 7,000 TPS have also been tested successfully. Very promising 3rd gen technology and strong focus on only being the fastest currency without trying to be everything.
  8. Decred: As mining operations have grown, Bitcoin’s decision-making process has become more centralized, with the largest mining companies holding large amounts of power over the Bitcoin improvement process. Decred focuses heavily on decentralization with their PoW Pos hybrid governance system to become what Bitcoin was set out to be. They will soon implement the Lightning Network to scale up. While there do not seem to be more differences to Bitcoin besides the novel hybrid consensus algorithm, which Ethereum, Aeternity and Bitcoin Atom are also implementing, the welcoming and positive Decred community and professoinal team add another level of potential to the coin.
  9. Aeternity: We’ve seen recently, that it’s difficult to scale the execution of smart contracts on the blockchain. Crypto Kitties is a great example. Something as simple as creating and trading unique assets on Ethereum bogged the network down when transaction volume soared. Ethereum and Zilliqa address this problem with Sharding. Aeternity focuses on increasing the scalability of smart contracts and dapps by moving smart contracts off-chain. Instead of running on the blockchain, smart contracts on Aeternity run in private state channels between the parties involved in the contracts. State channels are lines of communication between parties in a smart contract. They don’t touch the blockchain unless they need to for adjudication or transfer of value. Because they’re off-chain, state channel contracts can operate much more efficiently. They don’t need to pay the network for every time they compute and can also operate with greater privacy. An important aspect of smart contract and dapp development is access to outside data sources. This could mean checking the weather in London, score of a football game, or price of gold. Oracles provide access to data hosted outside the blockchain. In many blockchain projects, oracles represent a security risk and potential point of failure, since they tend to be singular, centralized data streams. Aeternity proposes decentralizing oracles with their oracle machine. Doing so would make outside data immutable and unchangeable once it reaches Aeternity’s blockchain. Of course, the data source could still be hacked, so Aeternity implements a prediction market where users can bet on the accuracy and honesty of incoming data from various oracles.It also uses prediction markets for various voting and verification purposes within the platform. Aeternity’s network runs on on a hybrid of proof of work and proof of stake. Founded by a long-time crypto-enthusiast and early colleague of Vitalik Buterin, Yanislav Malahov. Promising concept though not product yet
  10. Bitcoin Atom: Atomic Swaps and hybrid consenus. This looks like the only Bitcoin clone that actually is looking to innovate next to Bitcoin Cash.
  11. Dogecoin: Litecoin fork, fantastic community, though lagging behind a bit in technology.
  12. Bitcoin Gold: A bit better security than bitcoin through ASIC resistant algorithm, but that's it. Not that interesting.
  13. Digibyte: Digibyte's PoS blockchain is spread over a 100,000+ servers, phones, computers, and nodes across the globe, aiming for the ultimate level of decentralization. DigiByte rebalances the load between the five mining algorithms by adjusting the difficulty of each so one algorithm doesn’t become dominant. The algorithm's asymmetric difficulty has gained notoriety and been deployed in many other blockchains.DigiByte’s adoption over the past four years has been slow. It’s still a relatively obscure currency compared its competitors. The DigiByte website offers a lot of great marketing copy and buzzwords. However, there’s not much technical information about what they have planned for the future. You could say Digibyte is like Bitcoin, but with shorter blocktimes and a multi-algorithm. However, that's not really a difference big enough to truly set themselves apart from Bitcoin, since these technologies could be implemented by any blockchain without much difficulty. Their decentralization is probably their strongest asset, however, this also change quickly if the currency takes off and big miners decide to go into Digibyte.
  14. Bitcoin Diamond Asic resistant Bitcoin and Copycat

Market 2 - Platform

Most of the cryptos here have smart contracts and allow dapps (Decentralized apps) to be build on their platform and to use their token as an exchange of value between dapp services.
  1. Ethereum: 2nd generation blockchain that allows the use of smart contracts. Bad scalability currently, though this concern could be alleviated by the soon to be implemented Lightning Network aka Plasma and its Sharding concept.
  2. EOS: Promising technology that wants to be able do everything, from smart contracts like Ethereum, scalability similar to Nano with 1000 tx/second + near instant transactions and zero fees, to also wanting to be a platform for dapps. However, EOS doesn't have a product yet and everything is just promises still. Highly overvalued right now. However, there are lots of red flags, have dumped $500 million Ether over the last 2 months and possibly bought back EOS to increase the size of their ICO, which has been going on for over a year and has raised several billion dollars. All in all, their market cap is way too high for that and not even having a product.
  3. Cardano: Similar to Ethereum/EOS, however, only promises made with no delivery yet, highly overrated right now. Interesting concept though. Market cap way too high for not even having a product. Somewhat promising technology.
  4. VeChain: Singapore-based project that’s building a business enterprise platform and inventory tracking system. Examples are verifying genuine luxury goods and food supply chains. Has one of the strongest communities in the crypto world. Most hyped token of all, with merit though.
  5. Neo: Neo is a platform, similar to Eth, but more extensive, allowing dapps and smart contracts, but with a different smart contract gas system, consensus mechanism (PoS vs. dBfT), governance model, fixed vs unfixed supply, expensive contracts vs nearly free contracts, different ideologies for real world adoption. There are currently only 9 nodes, each of which are being run by a company/entity hand selected by the NEO council (most of which are located in china) and are under contract. This means that although the locations of the nodes may differ, ultimately the neo council can bring them down due to their legal contracts. In fact this has been done in the past when the neo council was moving 50 million neo that had been locked up. Also dbft (or neo's implmentation of it) has failed underload causing network outages during major icos. The first step in decentralization is that the NEO Counsel will select trusted nodes (Universities, business partners, etc.) and slowly become less centralized that way. The final step in decentralization will be allowing NEO holders to vote for new nodes, similar to a DPoS system (ARK/EOS/LISK). NEO has a regulation/government friendly ideology. Finally they are trying to work undewith the Chinese government in regards to regulations. If for some reason they wanted it shut down, they could just shut it down.
  6. Stellar: PoS system, similar goals as Ripple, but more of a platform than only a currency. 80% of Stellar are owned by Stellar.org still, making the currency centralized.
  7. Ethereum classic: Original Ethereum that decided not to fork after a hack. The Ethereum that we know is its fork. Uninteresing, because it has a lot of less resources than Ethereum now and a lot less community support.
  8. Ziliqa: Zilliqa is building a new way of sharding. 2400 tpx already tested, 10,000 tps soon possible by being linearly scalable with the number of nodes. That means, the more nodes, the faster the network gets. They are looking at implementing privacy as well.
  9. QTUM: Enables Smart contracts on the Bitcoin blockchain. Useful.
  10. Icon: Korean ethereum. Decentralized application platform that's building communities in partnership with banks, insurance providers, hospitals, and universities. Focused on ID verification and payments. No big differentiators to the other 20 Ethereums, except that is has a product. That is a plus. Maybe cheap alternative to Ethereum.
  11. LISK: Lisk's difference to other BaaS is that side chains are independent to the main chain and have to have their own nodes. Similar to neo whole allows dapps to deploy their blockchain to. However, Lisk is currently somewhat centralized with a small group of members owning more than 50% of the delegated positions. Lisk plans to change the consensus algorithm for that reason in the near future.
  12. Rchain: Similar to Ethereum with smart contract, though much more scalable at an expected 40,000 TPS and possible 100,000 TPS. Not launched yet. No product launched yet, though promising technology. Not overvalued, probably at the right price right now.
  13. ARDR: Similar to Lisk. Ardor is a public blockchain platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. A child chain, which is a ‘light’ blockchain that can be customized to a certain extent, is designed to allow easy self-deploy for your own blockchain. Nxt claims that users will "not need to worry" about security, as that part is now handled by the main chain (Ardor). This is the chief innovation of Ardor. Ardor was evolved from NXT by the same company. NEM started as a NXT clone.
  14. Ontology: Similar to Neo. Interesting coin
  15. Bytom: Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.
  16. Nxt: Similar to Lisk
  17. Stratis: Different to LISK, Stratis will allow businesses and organizations to create their own blockchain according to their own needs, but secured on the parent Stratis chain. Stratis’s simple interface will allow organizations to quickly and easily deploy and/or test blockchain functionality of the Ethereum, BitShares, BitCoin, Lisk and Stratis environements.
  18. Status: Status provides access to all of Ethereum’s decentralized applications (dapps) through an app on your smartphone. It opens the door to mass adoption of Ethereum dapps by targeting the fastest growing computer segment in the world – smartphone users.16. Ark: Fork of Lisk that focuses on a smaller feature set. Ark wallets can only vote for one delegate at a time which forces delegates to compete against each other and makes cartel formations incredibly hard, if not impossible.
  19. Neblio: Similar to Neo, but 30x smaller market cap.
  20. NEM: Is similar to Neo No marketing team, very high market cap for little clarilty what they do.
  21. Bancor: Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.
  22. Dragonchain: The Purpose of DragonChain is to help companies quickly and easily incorporate blockchain into their business applications. Many companies might be interested in making this transition because of the benefits associated with serving clients over a blockchain – increased efficiency and security for transactions, a reduction of costs from eliminating potential fraud and scams, etc.
  23. Skycoin: Transactions with zero fees that take apparently two seconds, unlimited transaction rate, no need for miners and block rewards, low power usage, all of the usual cryptocurrency technical vulnerabilities fixed, a consensus mechanism superior to anything that exists, resistant to all conceivable threats (government censorship, community infighting, cybenucleaconventional warfare, etc). Skycoin has their own consensus algorithm known as Obelisk written and published academically by an early developer of Ethereum. Obelisk is a non-energy intensive consensus algorithm based on a concept called ‘web of trust dynamics’ which is completely different to PoW, PoS, and their derivatives. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycion a smear campaign launched against it, though they seem legit and reliable. Thus, they are probably undervalued.

Market 3 - Ecosystem

The 3rd market with 11 coins is comprised of ecosystem coins, which aim to strengthen the ease of use within the crypto space through decentralized exchanges, open standards for apps and more
  1. Nebulas: Similar to how Google indexes webpages Nebulas will index blockchain projects, smart contracts & data using the Nebulas rank algorithm that sifts & sorts the data. Developers rewarded NAS to develop & deploy on NAS chain. Nebulas calls this developer incentive protocol – basically rewards are issued based on how often dapp/contract etc. is used, the more the better the rewards and Proof of devotion. Works like DPoS except the best, most economically incentivised developers (Bookkeeppers) get the forging spots. Ensuring brains stay with the project (Cross between PoI & PoS). 2,400 TPS+, DAG used to solve the inter-transaction dependencies in the PEE (Parallel Execution Environment) feature, first crypto Wallet that supports the Lightening Network.
  2. Waves: Decentralized exchange and crowdfunding platform. Let’s companies and projects to issue and manage their own digital coin tokens to raise money.
  3. Salt: Leveraging blockchain assets to secure cash loands. Plans to offer cash loans in traditional currencies, backed by your cryptocurrency assets. Allows lenders worldwide to skip credit checks for easier access to affordable loans.
  4. CHAINLINK: ChainLink is a decentralized oracle service, the first of its kind. Oracles are defined as an ‘agent’ that finds and verifies real-world occurrences and submits this information to a blockchain to be used in smart contracts.With ChainLink, smart contract users can use the network’s oracles to retrieve data from off-chain application program interfaces (APIs), data pools, and other resources and integrate them into the blockchain and smart contracts. Basically, ChainLink takes information that is external to blockchain applications and puts it on-chain. The difference to Aeternity is that Chainlink deploys the smart contracts on the Ethereum blockchain while Aeternity has its own chain.
  5. WTC: Combines blockchain with IoT to create a management system for supply chains Interesting
  6. Ethos unifyies all cryptos. Ethos is building a multi-cryptocurrency phone wallet. The team is also building an investment diversification tool and a social network
  7. Aion: Aion is the token that pays for services on the Aeternity platform.
  8. USDT: is no cryptocurrency really, but a replacement for dollar for trading After months of asking for proof of dollar backing, still no response from Tether.

Market 4 - Privacy

The 4th market are privacy coins. As you might know, Bitcoin is not anonymous. If the IRS or any other party asks an exchange who is the identity behind a specific Bitcoin address, they know who you are and can track back almost all of the Bitcoin transactions you have ever made and all your account balances. Privacy coins aim to prevent exactly that through address fungability, which changes addresses constantly, IP obfuscation and more. There are 2 types of privacy coins, one with completely privacy and one with optional privacy. Optional Privacy coins like Dash and Nav have the advantage of more user friendliness over completely privacy coins such as Monero and Enigma.
  1. Monero: Currently most popular privacy coin, though with a very high market cap. Since their privacy is all on chain, all prior transactions would be deanonymized if their protocol is ever cracked. This requires a quantum computing attack though. PIVX is better in that regard.
  2. Zcash: A decentralized and open-source cryptocurrency that hide the sender, recipient, and value of transactions. Offers users the option to make transactions public later for auditing. Decent privacy coin, though no default privacy
  3. Verge: Calls itself privacy coin without providing private transactions, multiple problems over the last weeks has a toxic community, and way too much hype for what they have.
  4. Bytecoin: First privacy-focused cryptocurrency with anonymous transactions. Bytecoin’s code was later adapted to create Monero, the more well-known anonymous cryptocurrency. Has several scam accusations, 80% pre-mine, bad devs, bad tech
  5. Bitcoin Private: A merge fork of Bitcoin and Zclassic with Zclassic being a fork of Zcash with the difference of a lack of a founders fee required to mine a valid block. This promotes a fair distribution, preventing centralized coin ownership and control. Bitcoin private offers the optional ability to keep the sender, receiver, and amount private in a given transaction. However, this is already offered by several good privacy coins (Monero, PIVX) and Bitcoin private doesn't offer much more beyond this.
  6. Komodo: The Komodo blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol and decentralized crowdfunding (ICO) platform to remove middlemen from project funding. Offers services for startups to create and manage their own Blockchains.
  7. PIVX: As a fork of Dash, PIVX uses an advanced implementation of the Zerocoin protocol to provide it’s privacy. This is a form of zeroknowledge proofs, which allow users to spend ‘Zerocoins’ that have no link back to them. Unlike Zcash u have denominations in PIVX, so they can’t track users by their payment amount being equal to the amount of ‘minted’ coins, because everyone uses the same denominations. PIVX is also implementing Bulletproofs, just like Monero, and this will take care of arguably the biggest weakness of zeroknowledge protocols: the trusted setup.
  8. Zcoin: PoW cryptocurrency. Private financial transactions, enabled by the Zerocoin Protocol. Zcoin is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy via Zero-Knowledge cryptographic proofs.
  9. Enigma: Monero is to Bitcoin what enigma is to Ethereum. Enigma is for making the data used in smart contracts private. More of a platform for dapps than a currency like Monero. Very promising.
  10. Navcoin: Like bitcoin but with added privacy and pos and 1,170 tps, but only because of very short 30 second block times. Though, privacy is optional, but aims to be more user friendly than Monero. However, doesn't really decide if it wants to be a privacy coin or not. Same as Zcash.Strong technology, non-shady team.
  11. Tenx: Raised 80 million, offers cryptocurrency-linked credit cards that let you spend virtual money in real life. Developing a series of payment platforms to make spending cryptocurrency easier. However, the question is if full privacy coins will be hindered in growth through government regulations and optional privacy coins will become more successful through ease of use and no regulatory hindrance.

Market 5 - Currency Exchange Tool

Due to the sheer number of different cryptocurrencies, exchanging one currency for the other it still cumbersome. Further, merchants don’t want to deal with overcluttered options of accepting cryptocurrencies. This is where exchange tool like Req come in, which allow easy and simple exchange of currencies.
  1. Cryptonex: Fiat and currency exchange between various blockchain services, similar to REQ.
  2. QASH: Qash is used to fuel its liquid platform which will be an exchange that will distribute their liquidity pool. Its product, the Worldbook is a multi-exchange order book that matches crypto to crypto, and crypto to fiat and the reverse across all currencies. E.g., someone is selling Bitcoin is USD on exchange1 not owned by Quoine and someone is buying Bitcoin in EURO on exchange 2 not owned by Quoine. If the forex conversions and crypto conversions match then the trade will go through and the Worldbook will match it, it'll make the sale and the purchase on either exchange and each user will get what they wanted, which means exchanges with lower liquidity if they join the Worldbook will be able to fill orders and take trade fees they otherwise would miss out on.They turned it on to test it a few months ago for an hour or so and their exchange was the top exchange in the world by 4x volume for the day because all Worldbook trades ran through it. Binance wants BNB to be used on their one exchange. Qash wants their QASH token embedded in all of their partners. More info here https://www.reddit.com/CryptoCurrency/comments/8a8lnwhich_are_your_top_5_favourite_coins_out_of_the/dwyjcbb/?context=3
  3. Kyber: network Exchange between cryptocurrencies, similar to REQ. Features automatic coin conversions for payments. Also offers payment tools for developers and a cryptocurrency wallet.
  4. Achain: Building a boundless blockchain world like Req .
  5. Req: Exchange between cryptocurrencies.
  6. Bitshares: Exchange between cryptocurrencies. Noteworthy are the 1.5 second average block times and throughput potential of 100,000 transactions per second with currently 2,400 TPS having been proven. However, bitshares had several Scam accusations in the past.
  7. Loopring: A protocol that will enable higher liquidity between exchanges and personal wallets.
  8. ZRX: Open standard for dapps. Open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.

Market 6 - Gaming

With an industry size of $108B worldwide, Gaming is one of the largest markets in the world. For sure, cryptocurrencies will want to have a share of that pie.
  1. Storm: Mobile game currency on a platform with 9 million players.
  2. Fun: A platform for casino operators to host trustless, provably-fair gambling through the use of smart contracts, as well as creating their own implementation of state channels for scalability.
  3. Electroneum: Mobile game currency They have lots of technical problems, such as several 51% attacks
  4. Wax: Marketplace to trade in-game items

Market 7 - Misc

There are various markets being tapped right now. They are all summed up under misc.
  1. OMG: Omise is designed to enable financial services for people without bank accounts. It works worldwide and with both traditional money and cryptocurrencies.
  2. Power ledger: Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. Unique market and rather untapped market in the crypto space.
  3. Populous: A platform that connects business owners and invoice buyers without middlemen. Invoice sellers get cash flow to fund their business and invoice buyers earn interest. Similar to OMG, small market.
  4. Monacoin: The first Japanese cryptocurrency. Focused on micro-transactions and based on a popular internet meme of a type-written cat. This makes it similar to Dogecoin. Very niche, tiny market.
  5. Revain: Legitimizing reviews via the blockchain. Interesting concept, though market not as big.
  6. Augur: Platform to forecast and make wagers on the outcome of real-world events (AKA decentralized predictions). Uses predictions for a “wisdom of the crowd” search engine. Not launched yet.
  7. Substratum: Revolutionzing hosting industry via per request billing as a decentralized internet hosting system. Uses a global network of private computers to create the free and open internet of the future. Participants earn cryptocurrency. Interesting concept.
  8. Veritaseum: Is supposed to be a peer to peer gateway, though it looks like very much like a scam.
  9. TRON: Tronix is looking to capitalize on ownership of internet data to content creators. However, they plagiarized their white paper, which is a no go. They apologized, so it needs to be seen how they will conduct themselves in the future. Extremely high market cap for not having a product, nor proof of concept.
  10. Syscoin: A cryptocurrency with a decentralized marketplace that lets people buy and sell products directly without third parties. Trying to remove middlemen like eBay and Amazon.
  11. Hshare: Most likely scam because of no code changes, most likely pump and dump scheme, dead community.
  12. BAT: An Ethereum-based token that can be exchanged between content creators, users, and advertisers. Decentralized ad-network that pays based on engagement and attention.
  13. Dent: Decentralizeed exchange of mobile data, enabling mobile data to be marketed, purchased or distributed, so that users can quickly buy or sell data from any user to another one.
  14. Ncash: End to end encrypted Identification system for retailers to better serve their customers .
  15. Factom Secure record-keeping system that allows companies to store their data directly on the Blockchain. The goal is to make records more transparent and trustworthy .

Market 8 - Social network

Web 2.0 is still going strong and Web 3.0 is not going to ignore it. There are several gaming tokens already out there and a few with decent traction already, such as Steem, which is Reddit with voting through money is a very interesting one.
  1. Mithril: As users create content via social media, they will be rewarded for their contribution, the better the contribution, the more they will earn
  2. Steem: Like Reddit, but voting with money. Already launched product and Alexa rank 1,000 Thumbs up.
  3. Rdd: Reddcoin makes the process of sending and receiving money fun and rewarding for everyone. Reddcoin is dedicated to one thing – tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public.
  4. Kin: Token for the platform Kik. Kik has a massive user base of 400 million people. Replacing paying with FIAT with paying with KIN might get this token to mass adoption very quickly.

Market 9 - Fee token

Popular exchanges realized that they can make a few billion dollars more by launching their own token. Owning these tokens gives you a reduction of trading fees. Very handy and BNB (Binance Coin) has been one of the most resilient tokens, which have withstood most market drops over the last weeks and was among the very few coins that could show growth.
  1. BNB: Fee token for Binance
  2. Gas: Not a Fee token for an exchange, but it is a dividend paid out on Neo and a currency that can be used to purchase services for dapps.
  3. Kucoin: Fee token for Kucoin

Market 10 - Decentralized Data Storage

Currently, data storage happens with large companies or data centers that are prone to failure or losing data. Decentralized data storage makes loss of data almost impossible by distributing your files to numerous clients that hold tiny pieces of your data. Remember Torrents? Torrents use a peer-to-peer network. It is similar to that. Many users maintain copies of the same file, when someone wants a copy of that file, they send a request to the peer-to-peer network., users who have the file, known as seeds, send fragments of the file to the requester., he requester receives many fragments from many different seeds, and the torrent software recompiles these fragments to form the original file.
  1. Gbyte: Byteball data is stored and ordered using directed acyclic graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains, such as blocksize issue.
  2. Siacoin: Siacoin is decentralized storage platform. Distributes encrypted files to thousands of private users who get paid for renting out their disk space. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via "smart" storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid.
  3. Maidsafecoin: MaidSafe stands for Massive Array of Internet Disks, Secure Access for Everyone.Instead of working with data centers and servers that are common today and are vulnerable to data theft and monitoring, SAFE’s network uses advanced P2P technology to bring together the spare computing capacity of all SAFE users and create a global network. You can think of SAFE as a crowd-sourced internet. All data and applications reside in this network. It’s an autonomous network that automatically sets prices and distributes data and rents out hard drive disk space with a Blockchain-based storage solutions.When you upload a file to the network, such as a photo, it will be broken into pieces, hashed, and encrypted. The data is then randomly distributed across the network. Redundant copies of the data are created as well so that if someone storing your file turns off their computer, you will still have access to your data. And don’t worry, even with pieces of your data on other people’s computers, they won’t be able to read them. You can earn MadeSafeCoins by participating in storing data pieces from the network on your computer and thus earning a Proof of Resource.
  4. Storj: Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Your files are encrypted, shredded into little pieces called 'shards', and stored in a decentralized network of computers around the globe. No one but you has a complete copy of your file, not even in an encrypted form.

Market 11 - Cloud computing

Obviously, renting computing power, one of the biggest emerging markets as of recent years, e.g. AWS and Digital Ocean, is also a service, which can be bought and managed via the blockchain.
  1. Golem: Allows easy use of Supercomputer in exchange for tokens. People worldwide can rent out their computers to the network and get paid for that service with Golem tokens.
  2. Elf: Allows easy use of Cloud computing in exchange for tokens.

Market 12 - Stablecoin

Last but not least, there are 2 stablecoins that have established themselves within the market. A stable coin is a coin that wants to be independent of the volatility of the crypto markets. This has worked out pretty well for Maker and DGD, accomplished through a carefully diversified currency fund and backing each token by 1g or real gold respectively. DO NOT CONFUSE DGD AND MAKER with their STABLE COINS DGX and DAI. DGD and MAKER are volatile, because they are the companies of DGX and DAI. DGX and DAI are the stable coins.
  1. DGD: Platform of the Stablecoin DGX. Every DGX coin is backed by 1g of gold and make use proof of asset consensus.
  2. Maker: Platform of the Stablecoin DAI that doesn't vary much in price through widespread and smart diversification of assets.
EDIT: Added a risk factor from 0 to 10. The baseline is 2 for any crypto. Significant scandals, mishaps, shady practices, questionable technology, increase the risk factor. Not having a product yet automatically means a risk factor of 6. Strong adoption and thus strong scrutiny or positive community lower the risk factor.
EDIT2: Added a subjective potential factor from 0 to 10, where its overall potential and a small or big market cap is factored in. Bitcoin with lots of potential only gets a 9, because of its massive market cap, because if Bitcoin goes 10x, smaller coins go 100x, PIVX gets a 10 for being as good as Monero while carrying a 10x smaller market cap, which would make PIVX go 100x if Monero goes 10x.
submitted by galan77 to CryptoCurrency [link] [comments]

Which are your top 5 coins out of the top100? An analysis.

I am putting together my investment portfolio for 2018 and made a complete summary of the current Top 100. Interestingly, I noticed that all coins can be categorized into 12 markets. Which markets do you think will play the biggest role in the coming year?
Here is a complete overview of all coins in an excel sheet including name, a full description, market, TPS, risk profile, time since launch (negative numbers mean that they are launching that many months in the future) and market cap. You can also sort by all of these fields of course. Coins written in bold are the strongest contenders within their market either due to having the best technology or having a small market cap and still excellent technology and potential. https://docs.google.com/spreadsheets/d/1s8PHcNvvjuy848q18py_CGcu8elRGQAUIf86EYh4QZo/edit#gid=0
The 12 markets are
  1. Currency 13 coins
  2. Platform 25 coins
  3. Ecosystem 9 coins
  4. Privacy 9 coins
  5. Currency Exchange Tool 8 coins
  6. Gaming & Gambling 4 coins
  7. Misc 15 coins
  8. Social Network 4 coins
  9. Fee Token 3 coins
  10. Decentralized Data Storage 4 coins
  11. Cloud Computing 2 coins
  12. Stable Coin 3 coins
Before we look at the individual markets, we need to take a look of the overall market and its biggest issue, scalability, first:
Cryptocurrencies aim to be a decentralized currency that can be used worldwide. Their goal is to replace dollar, Euro, Yen, all FIAT currencies globally. The coin that will achieve that will be worth several trillion dollars.
Bitcoin can only process 7 transactions per second (TPS) currently. In order to replace all FIAT, it would need to perform at least at VISA levels, which usually processes around 3,000 TPS, up to 25,000 TPS during peak times and a maximum of 64,000 TPS. That means that this cryptocurrency would need to be able to perform at least several thousand TPS. However, a ground breaking technology should not look at current technology to set a goal for its use, i.e. estimating the number of emails sent in 1990 based on the number of faxes sent wasn’t a good estimate.
For that reason, 10,000 TPS is the absolute baseline for a cryptocurrency that wants to replace FIAT. This brings me to IOTA, which wants to connect all 80 billion IoT devices that are expected to exist by 2025, which constantly communicate with each other, possibly creating 80 billion or more transactions per second. This is the benchmark that cryptocurrencies should be aiming for. Currently, 8 billion devices are connected to the Internet.
With its Lightning network recently launched, Bitcoin is realistically looking at 50,000 possible TPS soon. Other notable cryptocurrencies besides IOTA and Bitcoin are Nano with 7,000 TPS already tested, Dash with several billion TPS possible with Masternodes, Neo, LISK and RHOC with 100,000 TPS by 2020, Ripple with 50,000 TPS, Ethereum with 10,000 TPS with Sharding.
However, it needs to be said that scalability usually goes at the cost of decentralization and security. So, it needs to be seen, which of these technologies can prove themselves decentralized while maintaining high TPS.
Without further ado, here are the coins of the first market. Each market is sorted by market cap.

Market 1 - Currency:

  1. Bitcoin: 1st generation blockchain with currently bad scalability, though the implementation of the Lightning Network looks promising and could alleviate most scalability and high energy use concerns.
  2. Ripple: Centralized currency that might become very successful due to tight involvement with banks and cross-border payments for financial institutions; banks and companies like Western Union and Moneygram (who they are currently working with) as customers customers. However, it seems they are aiming for more decentralization now.https://ripple.com/dev-blog/decentralization-strategy-update/. Has high TPS due to Proof of Correctness algorithm.
  3. Bitcoin Cash: Bitcoin fork with the difference of having an 8 times bigger block size, making it 8 times more scalable than Bitcoin currently. Further block size increases are planned. Only significant difference is bigger block size while big blocks lead to further problems that don't seem to do well beyond a few thousand TPS. Opponents to a block size argue that increasing the block size limit is unimaginative, offers only temporary relief, and damages decentralization by increasing costs of participation. In order to preserve decentralization, system requirements to participate should be kept low. To understand this, consider an extreme example: very big blocks (1GB+) would require data center level resources to validate the blockchain. This would preclude all but the wealthiest individuals from participating.Community seems more open than Bitcoin's though.
  4. Litecoin : Little brother of Bitcoin. Bitcoin fork with different mining algorithm but not much else.Copies everything that Bitcoin does pretty much. Lack of real innovation.
  5. Dash: Dash (Digital Cash) is a fork of Bitcoin and focuses on user ease. It has very fast transactions within seconds, low fees and uses Proof of Service from Masternodes for consensus. They are currently building a system called Evolution which will allow users to send money using usernames and merchants will find it easy to integrate Dash using the API. You could say Dash is trying to be a PayPal of cryptocurrencies. Currently, cryptocurrencies must choose between decentralization, speed, scalability and can pick only 2. With Masternodes, Dash picked speed and scalability at some cost of decentralization, since with Masternodes the voting power is shifted towards Masternodes, which are run by Dash users who own the most Dash.
  6. IOTA: 3rd generation blockchain called Tangle, which has a high scalability, no fees and instant transactions. IOTA aims to be the connective layer between all 80 billion IOT devices that are expected to be connected to the Internet in 2025, possibly creating 80 billion transactions per second or 800 billion TPS, who knows. However, it needs to be seen if the Tangle can keep up with this scalability and iron out its security issues that have not yet been completely resolved.
  7. Nano: 3rd generation blockchain called Block Lattice with high scalability, no fees and instant transactions. Unlike IOTA, Nano only wants to be a payment processor and nothing else, for now at least. With Nano, every user has their own blockchain and has to perform a small amount of computing for each transaction, which makes Nano perform at 300 TPS with no problems and 7,000 TPS have also been tested successfully. Very promising 3rd gen technology and strong focus on only being the fastest currency without trying to be everything.
  8. Decred: As mining operations have grown, Bitcoin’s decision-making process has become more centralized, with the largest mining companies holding large amounts of power over the Bitcoin improvement process. Decred focuses heavily on decentralization with their PoW Pos hybrid governance system to become what Bitcoin was set out to be. They will soon implement the Lightning Network to scale up. While there do not seem to be more differences to Bitcoin besides the novel hybrid consensus algorithm, which Ethereum, Aeternity and Bitcoin Atom are also implementing, the welcoming and positive Decred community and professoinal team add another level of potential to the coin.
  9. Bitcoin Atom: Atomic Swaps and hybrid consenus. This looks like the only Bitcoin clone that actually is looking to innovate next to Bitcoin Cash.
  10. Dogecoin: Litecoin fork, fantastic community, though lagging behind a bit in technology.
  11. Bitcoin Gold: A bit better security than bitcoin through ASIC resistant algorithm, but that's it. Not that interesting.
  12. Digibyte: Digibyte's PoS blockchain is spread over a 100,000+ servers, phones, computers, and nodes across the globe, aiming for the ultimate level of decentralization. DigiByte’s adoption over the past four years has been slow. The DigiByte website offers a lot of great marketing copy and buzzwords. However, there’s not much technical information about what they have planned for the future. You could say Digibyte is like Bitcoin, but with shorter blocktimes and a multi-algorithm. However, that's not really a difference big enough to truly set themselves apart from Bitcoin, since these technologies could be implemented by any blockchain without much difficulty. Their decentralization is probably their strongest asset, however, this also change quickly if the currency takes off and big miners decide to go into Digibyte.
  13. Bitcoin Diamond Asic resistant Bitcoin and Copycat

Market 2 - Platform

Most of the cryptos here have smart contracts and allow dapps (Decentralized apps) to be build on their platform and to use their token as an exchange of value between dapp services.
  1. Ethereum: 2nd generation blockchain that allows the use of smart contracts. Bad scalability currently, though this concern could be alleviated by the soon to be implemented Lightning Network aka the Raiden Network, Plasma and its Sharding concept.
  2. EOS: Promising technology that wants to be able do everything, from smart contracts like Ethereum, scalability similar to Nano with 1000 tx/second + near instant transactions and zero fees, to also wanting to be a platform for dapps. However, EOS doesn't have a product yet and everything is just promises still. There are lots of red flags, e.g. having dumped $500 million Ether over the last 2 months and possibly bought back EOS to increase the size of their ICO, which has been going on for over a year and has raised several billion dollars. All in all, their market cap is way too high for that and not even having a product. However, Mainnet release is in 1 month, which could change everything.
  3. Cardano: Similar to Ethereum/EOS, however, only promises made with no delivery yet, highly overrated right now. Interesting concept though. Market cap way too high for not even having a product. Somewhat promising technology.
  4. VeChain: Singapore-based project that’s building a business enterprise platform and inventory tracking system. Examples are verifying genuine luxury goods and food supply chains. Has one of the strongest communities in the crypto world. Most hyped token of all, with merit though.
  5. Neo: Neo is a platform, similar to Eth, but more extensive, allowing dapps and smart contracts, but with a different smart contract gas system, consensus mechanism (PoS vs. dBfT), governance model, fixed vs unfixed supply, expensive contracts vs nearly free contracts, different ideologies for real world adoption. There are currently only 9 nodes, each of which are being run by a company/entity hand selected by the NEO council (most of which are located in china) and are under contract. This means that although the locations of the nodes may differ, ultimately the neo council can bring them down due to their legal contracts. In fact this has been done in the past when the neo council was moving 50 million neo that had been locked up. Also dbft (or neo's implmentation of it) has failed underload causing network outages during major icos. The first step in decentralization is that the NEO Counsel will select trusted nodes (Universities, business partners, etc.) and slowly become less centralized that way. The final step in decentralization will be allowing NEO holders to vote for new nodes, similar to a DPoS system (ARK/EOS/LISK). NEO has a regulation/government friendly ideology. Finally they are trying to work undewith the Chinese government in regards to regulations. If for some reason they wanted it shut down, they could just shut it down.
  6. Stellar:PoS system, similar goals as Ripple, but more of a platform than only a currency. 80% of Stellar are owned by Stellar.org still, making the currency centralized.
  7. Ethereum classic: Original Ethereum that decided not to fork after a hack. The Ethereum that we know is its fork. Uninteresing, because it has a lot of less resources than Ethereum now and a lot less community support.
  8. Ziliqa: Zilliqa is building a new way of sharding. 2400 tpx already tested, 10,000 tps soon possible by being linearly scalable with the number of nodes. That means, the more nodes, the faster the network gets. They are looking at implementing privacy as well.
  9. QTUM: Enables Smart contracts on the Bitcoin blockchain. Useful.
  10. Icon: Korean ethereum. Decentralized application platform that's building communities in partnership with banks, insurance providers, hospitals, and universities. Focused on ID verification and payments.
  11. LISK: Lisk's difference to other BaaS is that side chains are independent to the main chain and have to have their own nodes. Similar to neo whole allows dapps to deploy their blockchain to. Like most cryptocurrencies, Lisk is currently somewhat centralized with a small group of members owning more than 50% of the delegated positions. Lisk plans to change the consensus algorithm for that reason in the near future.
  12. Rchain: Similar to Ethereum with smart contract, though much more scalable at an expected 40,000 TPS and possible 100,000 TPS. Not launched yet. No product launched yet, though promising technology. Not overvalued, probably at the right price right now.
  13. ARDR: Similar to Lisk. Ardor is a public blockchain platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. A child chain, which is a ‘light’ blockchain that can be customized to a certain extent, is designed to allow easy self-deploy for your own blockchain. Nxt claims that users will "not need to worry" about security, as that part is now handled by the main chain (Ardor). This is the chief innovation of Ardor. Ardor was evolved from NXT by the same company. NEM started as a NXT clone.
  14. Ontology: Similar to Neo. Interesting coin
  15. Bytom: Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.
  16. Nxt: Similar to Lisk
  17. Aeternity: We’ve seen recently, that it’s difficult to scale the execution of smart contracts on the blockchain. Crypto Kitties is a great example. Something as simple as creating and trading unique assets on Ethereum bogged the network down when transaction volume soared. Ethereum and Zilliqa address this problem with Sharding. Aeternity focuses on increasing the scalability of smart contracts and dapps by moving smart contracts off-chain. Instead of running on the blockchain, smart contracts on Aeternity run in private state channels between the parties involved in the contracts. State channels are lines of communication between parties in a smart contract. They don’t touch the blockchain unless they need to for adjudication or transfer of value. Because they’re off-chain, state channel contracts can operate much more efficiently. An important aspect of smart contract and dapp development is access to outside data sources. This could mean checking the weather in London, score of a football game, or price of gold. Oracles provide access to data hosted outside the blockchain. In many blockchain projects, oracles represent a security risk and potential point of failure, since they tend to be singular, centralized data streams. Aeternity proposes decentralizing oracles with their oracle machine. Doing so would make outside data immutable and unchangeable once it reaches Aeternity’s blockchain. Aeternity’s network runs on on a hybrid of proof of work and proof of stake. Founded by a long-time crypto-enthusiast and early colleague of Vitalik Buterin, Yanislav Malahov. Promising concept though not product yet
  18. Stratis: Different to LISK, Stratis will allow businesses and organizations to create their own blockchain according to their own needs, but secured on the parent Stratis chain. Stratis’s simple interface will allow organizations to quickly and easily deploy and/or test blockchain functionality of the Ethereum, BitShares, BitCoin, Lisk and Stratis environements.
  19. Status: Status provides access to all of Ethereum’s decentralized applications (dapps) through an app on your smartphone. It opens the door to mass adoption of Ethereum dapps by targeting the fastest growing computer segment in the world – smartphone users.
  20. Ark: Fork of Lisk that focuses on a smaller feature set. Ark wallets can only vote for one delegate at a time which forces delegates to compete against each other and makes cartel formations incredibly hard, if not impossible.
  21. Neblio: Similar to Neo, but at a 30x smaller market cap.
  22. NEM: Is similar to Neo. However, it has no marketing team, very high market cap for little clarilty what they do.
  23. Bancor: Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.
  24. Dragonchain: The Purpose of DragonChain is to help companies quickly and easily incorporate blockchain into their business applications. Many companies might be interested in making this transition because of the benefits associated with serving clients over a blockchain – increased efficiency and security for transactions, a reduction of costs from eliminating potential fraud and scams, etc.
  25. Skycoin: Transactions with zero fees that take apparently two seconds, unlimited transaction rate, no need for miners and block rewards, low power usage, all of the usual cryptocurrency technical vulnerabilities fixed, a consensus mechanism superior to anything that exists, resistant to all conceivable threats (government censorship, community infighting, cybenucleaconventional warfare, etc). Skycoin has their own consensus algorithm known as Obelisk written and published academically by an early developer of Ethereum. Obelisk is a non-energy intensive consensus algorithm based on a concept called ‘web of trust dynamics’ which is completely different to PoW, PoS, and their derivatives. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycion a smear campaign launched against it, though they seem legit and reliable. Thus, they are probably undervalued.

Market 3 - Ecosystem

The 3rd market with 11 coins is comprised of ecosystem coins, which aim to strengthen the ease of use within the crypto space through decentralized exchanges, open standards for apps and more
  1. Nebulas: Similar to how Google indexes webpages Nebulas will index blockchain projects, smart contracts & data using the Nebulas rank algorithm that sifts & sorts the data. Developers rewarded NAS to develop & deploy on NAS chain. Nebulas calls this developer incentive protocol – basically rewards are issued based on how often dapp/contract etc. is used, the more the better the rewards and Proof of devotion. Works like DPoS except the best, most economically incentivised developers (Bookkeeppers) get the forging spots. Ensuring brains stay with the project (Cross between PoI & PoS). 2,400 TPS+, DAG used to solve the inter-transaction dependencies in the PEE (Parallel Execution Environment) feature, first crypto Wallet that supports the Lightening Network.
  2. Waves: Decentralized exchange and crowdfunding platform. Let’s companies and projects to issue and manage their own digital coin tokens to raise money.
  3. Salt: Leveraging blockchain assets to secure cash loands. Plans to offer cash loans in traditional currencies, backed by your cryptocurrency assets. Allows lenders worldwide to skip credit checks for easier access to affordable loans.
  4. CHAINLINK: ChainLink is a decentralized oracle service, the first of its kind. Oracles are defined as an ‘agent’ that finds and verifies real-world occurrences and submits this information to a blockchain to be used in smart contracts.With ChainLink, smart contract users can use the network’s oracles to retrieve data from off-chain application program interfaces (APIs), data pools, and other resources and integrate them into the blockchain and smart contracts. Basically, ChainLink takes information that is external to blockchain applications and puts it on-chain. The difference to Aeternity is that Chainlink deploys the smart contracts on the Ethereum blockchain while Aeternity has its own chain.
  5. WTC: Combines blockchain with IoT to create a management system for supply chains Interesting
  6. Ethos unifyies all cryptos. Ethos is building a multi-cryptocurrency phone wallet. The team is also building an investment diversification tool and a social network
  7. Komodo: The Komodo blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol and decentralized crowdfunding (ICO) platform to remove middlemen from project funding. Offers services for startups to create and manage their own Blockchains.
  8. Aion: Today, there are hundreds of blockchains. In the coming years, with widespread adoption by mainstream business and government, these will be thousands or millions. Blockchains don’t talk to each other at all right now, they are like the PCs of the 1980s. The Aion network is able to support custom blockchain architectures while still allowing for cross-chain interoperability by enabling users to exchange data between any Aion-compliant blockchains by making use of an interchain framework that allows for messages to be relayed between blockchains in a completely trust-free manner.
  9. Tenx: Raised 80 million, offers cryptocurrency-linked credit cards that let you spend virtual money in real life. Developing a series of payment platforms to make spending cryptocurrency easier.

Market 4 - Privacy

The 4th market are privacy coins. As you might know, Bitcoin is not anonymous. If the IRS or any other party asks an exchange who is the identity behind a specific Bitcoin address, they know who you are and can track back almost all of the Bitcoin transactions you have ever made and all your account balances. Privacy coins aim to prevent exactly that through address fungability, which changes addresses constantly, IP obfuscation and more. There are 2 types of privacy coins, one with completely privacy and one with optional privacy. Optional Privacy coins like Dash and Nav have the advantage of more user friendliness over completely privacy coins such as Monero and Enigma.
  1. Monero: Currently most popular privacy coin, though with a very high market cap. Since their privacy is all on chain, all prior transactions would be deanonymized if their protocol is ever cracked. This requires a quantum computing attack though. PIVX is better in that regard.
  2. Zcash: A decentralized and open-source cryptocurrency that hide the sender, recipient, and value of transactions. Offers users the option to make transactions public later for auditing. Decent privacy coin, though no default privacy
  3. Verge: Calls itself privacy coin without providing private transactions, multiple problems over the last weeks has a toxic community, and way too much hype for what they have.
  4. Bytecoin: First privacy-focused cryptocurrency with anonymous transactions. Bytecoin’s code was later adapted to create Monero, the more well-known anonymous cryptocurrency. Has several scam accusations, 80% pre-mine, bad devs, bad tech
  5. Bitcoin Private: A merge fork of Bitcoin and Zclassic with Zclassic being a fork of Zcash with the difference of a lack of a founders fee required to mine a valid block. This promotes a fair distribution, preventing centralized coin ownership and control. Bitcoin private offers the optional ability to keep the sender, receiver, and amount private in a given transaction. However, this is already offered by several good privacy coins (Monero, PIVX) and Bitcoin private doesn't offer much more beyond this.
  6. PIVX: As a fork of Dash, PIVX uses an advanced implementation of the Zerocoin protocol to provide it’s privacy. This is a form of zeroknowledge proofs, which allow users to spend ‘Zerocoins’ that have no link back to them. Unlike Zcash u have denominations in PIVX, so they can’t track users by their payment amount being equal to the amount of ‘minted’ coins, because everyone uses the same denominations. PIVX is also implementing Bulletproofs, just like Monero, and this will take care of arguably the biggest weakness of zeroknowledge protocols: the trusted setup.
  7. Zcoin: PoW cryptocurrency. Private financial transactions, enabled by the Zerocoin Protocol. Zcoin is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy via Zero-Knowledge cryptographic proofs.
  8. Enigma: Monero is to Bitcoin what enigma is to Ethereum. Enigma is for making the data used in smart contracts private. More of a platform for dapps than a currency like Monero. Very promising.
  9. Navcoin: Like bitcoin but with added privacy and pos and 1,170 tps, but only because of very short 30 second block times. Though, privacy is optional, but aims to be more user friendly than Monero. However, doesn't really decide if it wants to be a privacy coin or not. Same as Zcash.Strong technology, non-shady team.

Market 5 - Currency Exchange Tool

Due to the sheer number of different cryptocurrencies, exchanging one currency for the other it still cumbersome. Further, merchants don’t want to deal with overcluttered options of accepting cryptocurrencies. This is where exchange tool like Req come in, which allow easy and simple exchange of currencies.
  1. Cryptonex: Fiat and currency exchange between various blockchain services, similar to REQ.
  2. QASH: Qash is used to fuel its liquid platform which will be an exchange that will distribute their liquidity pool. Its product, the Worldbook is a multi-exchange order book that matches crypto to crypto, and crypto to fiat and the reverse across all currencies. E.g., someone is selling Bitcoin is USD on exchange1 not owned by Quoine and someone is buying Bitcoin in EURO on exchange 2 not owned by Quoine. They turned it on to test it a few months ago for an hour or so and their exchange was the top exchange in the world by 4x volume for the day because all Worldbook trades ran through it. Binance wants BNB to be used on their one exchange. Qash wants their QASH token embedded in all of their partners.
  3. Kyber: network Exchange between cryptocurrencies, similar to REQ. Features automatic coin conversions for payments. Also offers payment tools for developers and a cryptocurrency wallet.
  4. Achain: Building a boundless blockchain world like Req .
  5. Centrality: Centrality is a decentralized market place for dapps that are all connected together on a blockchain-powered system. Centrality aims to allow businesses to work together using blockchain technology. With Centrality, startups can collaborate through shared acquisition of customers, data, merchants, and content. That shared acquisition occurs across the Centrality blockchain, which hosts a number of decentralized apps called Scenes. Companies can use CENTRA tokens to purchase Scenes for their app, then leverage the power of the Centrality ecosystem to quickly scale. Some of Centrality's top dapps are, Skoot, a travel experience marketplace that consists of a virtual companion designed for free independent travelers and inbound visitors, Belong, a marketplace and an employee engagement platform that seems at helping business provide rewards for employees, Merge, a smart travel app that acts as a time management system, Ushare, a transports application that works across rental cars, public transport, taxi services, electric bikes and more. All of these dapps are able to communicate with each other and exchange data through Centrality.
  6. Bitshares: Exchange between cryptocurrencies. Noteworthy are the 1.5 second average block times and throughput potential of 100,000 transactions per second with currently 2,400 TPS having been proven. However, Bitshares had several Scam accusations in the past.
  7. Loopring: A protocol that will enable higher liquidity between exchanges and personal wallets by pooling all orders sent to its network and fill these orders through the order books of multiple exchanges. When using Loopring, traders never have to deposit funds into an exchange to begin trading. Even with decentralized exchanges like Ether Delta, IDex, or Bitshares, you’d have to deposit your funds onto the platform, usually via an Ethereum smart contract. But with Loopring, funds always remain in user wallets and are never locked by orders. This gives you complete autonomy over your funds while trading, allowing you to cancel, trim, or increase an order before it is executed.
  8. ZRX: Open standard for dapps. Open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.

Market 6 - Gaming

With an industry size of $108B worldwide, Gaming is one of the largest markets in the world. For sure, cryptocurrencies will want to have a share of that pie.
  1. Storm: Mobile game currency on a platform with 9 million players.
  2. Fun: A platform for casino operators to host trustless, provably-fair gambling through the use of smart contracts, as well as creating their own implementation of state channels for scalability.
  3. Electroneum: Mobile game currency They have lots of technical problems, such as several 51% attacks
  4. Wax: Marketplace to trade in-game items

Market 7 - Misc

There are various markets being tapped right now. They are all summed up under misc.
  1. OMG: Omise is designed to enable financial services for people without bank accounts. It works worldwide and with both traditional money and cryptocurrencies.
  2. Power ledger: Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. Unique market and rather untapped market in the crypto space.
  3. Populous: Populous is a platform that connects business owners and invoice buyers without middlemen. Furthermore, it is a peer-to-peer (P2P) platform that uses blockchain to provide small and medium-sized enterprises (SMEs) a more efficient way to participate in invoice financing. Businesses can sell their outstanding invoices at a discount to quickly free up some cash. Invoice sellers get cash flow to fund their business and invoice buyers earn interest.
  4. Monacoin: The first Japanese cryptocurrency. Focused on micro-transactions and based on a popular internet meme of a type-written cat. This makes it similar to Dogecoin. Very niche, tiny market.
  5. Revain: Legitimizing reviews via the blockchain. Interesting concept, though market not as big.
  6. Augur: Platform to forecast and make wagers on the outcome of real-world events (AKA decentralized predictions). Uses predictions for a “wisdom of the crowd” search engine. Not launched yet.
  7. Substratum: Revolutionzing hosting industry via per request billing as a decentralized internet hosting system. Uses a global network of private computers to create the free and open internet of the future. Participants earn cryptocurrency. Interesting concept.
  8. Veritaseum: Is supposed to be a peer to peer gateway, though it looks like very much like a scam.
  9. TRON: Tronix is looking to capitalize on ownership of internet data to content creators. However, they plagiarized their white paper, which is a no go. They apologized, so it needs to be seen how they will conduct themselves in the future. Extremely high market cap for not having a product, nor proof of concept.
  10. Syscoin: A cryptocurrency with a decentralized marketplace that lets people buy and sell products directly without third parties. Trying to remove middlemen like eBay and Amazon.
  11. Hshare: Most likely scam because of no code changes, most likely pump and dump scheme, dead community.
  12. BAT: An Ethereum-based token that can be exchanged between content creators, users, and advertisers. Decentralized ad-network that pays based on engagement and attention.
  13. Dent: Decentralizeed exchange of mobile data, enabling mobile data to be marketed, purchased or distributed, so that users can quickly buy or sell data from any user to another one.
  14. Ncash: End to end encrypted Identification system for retailers to better serve their customers .
  15. Factom Secure record-keeping system that allows companies to store their data directly on the Blockchain. The goal is to make records more transparent and trustworthy .

Market 8 - Social network

Web 2.0 is still going strong and Web 3.0 is not going to ignore it. There are several gaming tokens already out there and a few with decent traction already, such as Steem, which is Reddit with voting through money is a very interesting one.
  1. Mithril: As users create content via social media, they will be rewarded for their contribution, the better the contribution, the more they will earn
  2. Steem: Like Reddit, but voting with money. Already launched product and Alexa rank 1,000 Thumbs up.
  3. Rdd: Reddcoin makes the process of sending and receiving money fun and rewarding for everyone. Reddcoin is dedicated to one thing – tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public.
  4. Kin: Token for the platform Kik. Kik has a massive user base of 400 million people. Replacing paying with FIAT with paying with KIN might get this token to mass adoption very quickly.

Market 9 - Fee token

Popular exchanges realized that they can make a few billion dollars more by launching their own token. Owning these tokens gives you a reduction of trading fees. Very handy and BNB (Binance Coin) has been one of the most resilient tokens, which have withstood most market drops over the last weeks and was among the very few coins that could show growth.
  1. BNB: Fee token for Binance
  2. Gas: Not a Fee token for an exchange, but it is a dividend paid out on Neo and a currency that can be used to purchase services for dapps.
  3. Kucoin: Fee token for Kucoin

Market 10 - Decentralized Data Storage

Currently, data storage happens with large companies or data centers that are prone to failure or losing data. Decentralized data storage makes loss of data almost impossible by distributing your files to numerous clients that hold tiny pieces of your data. Remember Torrents? Torrents use a peer-to-peer network. It is similar to that. Many users maintain copies of the same file, when someone wants a copy of that file, they send a request to the peer-to-peer network., users who have the file, known as seeds, send fragments of the file to the requester. The requester receives many fragments from many different seeds, and the torrent software recompiles these fragments to form the original file.
  1. Gbyte: Byteball data is stored and ordered using directed acyclic graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains, such as blocksize issue.
  2. Siacoin: Siacoin is decentralized storage platform. Distributes encrypted files to thousands of private users who get paid for renting out their disk space. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via "smart" storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid.
  3. Maidsafecoin: MaidSafe stands for Massive Array of Internet Disks, Secure Access for Everyone.Instead of working with data centers and servers that are common today and are vulnerable to data theft and monitoring, You can think of SAFE as a crowd-sourced internet. It’s an autonomous network that automatically sets prices and distributes data and rents out hard drive disk space with a Blockchain-based storage solutions.When you upload a file to the network, such as a photo, it will be broken into pieces, hashed, and encrypted. Then, redundant copies of the data are created as well so that if someone storing your file turns off their computer, you will still have access to your data. And don’t worry, even with pieces of your data on other people’s computers, they won’t be able to read them. You can earn MadeSafeCoins by participating in storing data pieces from the network on your computer and thus earning a Proof of Resource.
  4. Storj: Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Your files are encrypted, shredded into little pieces called 'shards', and stored in a decentralized network of computers around the globe. No one but you has a complete copy of your file, not even in an encrypted form.

Market 11 - Cloud computing

Obviously, renting computing power, one of the biggest emerging markets as of recent years, e.g. AWS and Digital Ocean, is also a service, which can be bought and managed via the blockchain.
  1. Golem: Allows easy use of Supercomputer in exchange for tokens. People worldwide can rent out their computers to the network and get paid for that service with Golem tokens.
  2. Elf: Allows easy use of Cloud computing in exchange for tokens.

Market 12 - Stablecoin

Last but not least, there are 2 stablecoins that have established themselves within the market. A stable coin is a coin that wants to be independent of the volatility of the crypto markets. This has worked out pretty well for Maker and DGD, accomplished through a carefully diversified currency fund and backing each token by 1g or real gold respectively. DO NOT CONFUSE DGD AND MAKER with their STABLE COINS DGX and DAI. DGD and MAKER are volatile, because they are the companies of DGX and DAI. DGX and DAI are the stable coins.
  1. DGD: Platform of the Stablecoin DGX. Every DGX coin is backed by 1g of gold and make use proof of asset consensus.
  2. Maker: Platform of the Stablecoin DAI that doesn't vary much in price through widespread and smart diversification of assets.
  3. USDT: is no cryptocurrency really, but a replacement for dollar for trading After months of asking for proof of dollar backing, still no response from Tether.
EDIT: Added a risk factor from 0 to 10. Significant scandals, mishaps, shady practices, questionable technology, increase the risk factor. Not having a product yet automatically means a risk factor of 6. Strong adoption and thus strong scrutiny or positive community lower the risk factor.
EDIT2: Added a subjective potential factor from 0 to 10, where its overall potential and a small or big market cap is factored in. Bitcoin with lots of potential only gets a 9, because of its massive market cap, because if Bitcoin goes 10x, smaller coins go 100x.
submitted by galan77 to ethtrader [link] [comments]

What Futures Are, How They Relate To BTC and How To Make A Little Money - a brief treatise. Fuck Danny.

Wrote a brief ELI5 here that brought to my attention a lot of folks in my new BTC family don't understand the concept of a futures contract (and likely derivatives in general) or are just generally traditional-financial-instrument ignorant and so I'd like to do this new family a little service and write up a simple guide. You all can wikify it if you like and I might make a video because I have a very good explainy-voice and can do fun accents and maybe someone would like to animate it or something.
The recent opening of the CBOE and CME futures markets - and the first of the big investment brokers allowing trading on their hugely popular platform (TDA I am so proud of you!) - is a huge deal. It's a giant step forward to legitimizing Bitcoin as a financial instrument / tradeable asset in the eyes of the general public. It's about as big as the Japanese government endorsing Bitcoin and installing ATMs in their train stations, which was the catalyst that set off the meteoric bull market we saw in the last few months.
More futures exchanges will be opening soon, including an international exchange between Japan and the USA(!!!!), and so you can expect to see a LOT more trading activity. I would not be surprised to see actual Bitcoin-deliverable managed contracts within three years at the latest. I'm not psychic, I've been wrong before, but I generally keep my guesses conservative and so I've been lucky enough to be right more than wrong. It seems to me that worldwide, cross-border trading is not far away. The good news here is that this will cause international arbitrage opportunities caused by wide price gaps to vanish quite quickly. That is also the bad news. The other good news is that this will make Bitcoin quite a lot more stable. This is also the bad news. Ha... everything's perspective, after all. But the great news? We're getting to the point where we will soon be able to sit back on our fat American and European asses and buy chocolate directly from an African farmer, Coffee directly from a South American and sell our electronics to each other without middlemen or interference and give everyone a much, much fairer price. We can start to end the slavery of imbalanced capitalism... ah what a time to be alive. Alright folks, enough of a foreword. Fuck Danny, let's begin.
This will be in two parts.
  1. What Are Futures (and how they relate to bitcoin)
  2. How To Make A Little Money
What Are Futures?
The simplest way to put it is that a futures contract is an agreement to buy a thing (a commodity) at a specific price on a specific date. The date comes, you pay that price, you get that thing. For example you promise to buy Gold at $1000 an ounce on January 18 (one month from this posting) and someone else promises to sell you gold at $1000 an ounce on that same day. Come 1/18 the price of gold is $900 you're paying a $100 premium on it and the seller made an easy $100. Same day comes but the price is $1,100 and your positions are switched. It is you who gets $100 extra gold instead of paying $100 for the same amount. Reread that last few sentences until you get it.
OK, so a futures contract can be written between any two people or entities like any contract, right? Right. Right, right? Right! OK. Do not go to a bar and sign a contract written on a napkin because it is fucking binding. It may not hold up in court without witnesses but technically it is a legal contract. So you've probably heard of futures exchanges. What are those? Simply put, it's a big marketplace. But there's more to it than that. A futures exchange is regulated by the laws of the financial departments of the country it operates in. The contracts they agree to buy and sell are standardized within that exchange and, in the case of internationally traded commodities like gold, chocolate, coffee, sugar, cotton and a million other things these contracts are standardized across exchanges as well. Each commodity has its own conventions. One may be settled every three months with the prices being announced every month, another may settle every six months. They may represent 1 ton or 100 tons and they all have their own personalities. Some are frenetic, some placid. Some change with the weather - like agricultural - and some change with news - like steel.
So, exchanges. Exchanges create a big market where everyone knows they can go to buy and sell futures. This creates traffic and trade volume. The exchange facilitates the trading of contracts between parties but they don't only match buyers and sellers up - they are buyers and sellers, on mass. You see, they offer these standardized contracts that you 'sign' by agreement (clicking or phoning it in). If 1000 people are buying contract X every day and 900 are selling contract X every day then the exchange can be pretty darn sure if it buys contract X now that the price will be rising and it will be able to offload them to the eager buyers. And since it is the exchange, it gets those sexy first dibs.
Exchanges do their business for a lot of reasons but the most straightforward one is commissions. Every trade creates money for them and they take no risk on it as long as they can offset a buy with a sell and vice versa. They may hold a buy or sell on contract X for a millisecond and meanwhile only change the price every hour. This is great money. On the other side of the coin since they have all the information on all the data of buying and selling they are in a prime position to do some high volume trading and make money. Do not make the mistake of thinking the exchange is necessarily your friend. They want the trading to continue and so of course they want people to make money but this is one game where the casino can sit at the table. And they do have that edge. They can get rid of any position at any time, so they have no fear in buying or selling.
OK, so how does a futures contract relate to BTC? BTC contracts are settled in cash, not in goods. That means the competing parties on a contract only exchange money relating to the price difference of the bitcoin not the bitcoin itself. This bears repeating: If you buy a JAN18 contract for bitcoin at $19,000 and JAN18 comes and Bitcoin costs $20,000 you will receive $1000 cash (in your account) not 1 BTC and $1000. Make sure you get that. Make sure you understand that. SERIOUSLY. It's super important for the 'how to make money' bit coming up shortly.
So in the past (and present day, which is seeming more and more like the past as time marches on implacably towards the heat death of the universe and woe betide mortal man for we know not what we doooo) futures contracts were a way for a producer and a consumer to agree on a price later. Baker has his formula down so he makes money on his buns if wheat flour costs $1 a bag. Miller agrees to sell it for that $1 a bag for 1 bakers full of flour (say 1 ton or whatever). Miller goes to farmer and agrees to buy 1 tons of flour's worth of wheat for 90 cents a flour bags worth. Harvest comes, farmer delivers to miller, makes flour, baker buys flour, everyone wins. Everybody makes money. Farmer says he needs another 10 cents per bag next year, miller passes that on to baker at the next negotiation and the price adjusts. And so on the steady march of inflation and industry.
Now think about gold. Say the primary reason to buy the gold contract was to immediately sell the gold for money, not hold it to make watches or gangster teeth. In fact it would be a pain in the ass to have to take possession of a ton of gold. OK, just pass the money back and forth instead. Such is the case with bitcoin.
So now you understand that if you go to an exchange to buy or sell a futures contract what you're buying or selling: A standardized contract for the price of bitcoin at a future date (say 1, 2 or 3 months from now). Now understand the data you're presented with will be the current price, trade volume (or at least you should be, haven't looked) and the changes from one minute (or few minutes) to the next. You understand you're buying from or selling to the exchange itself and they will find a counterpart for your buy/sell or hold the opposite position themselves because they think they'll make money off it. You also understand that you do not deliver or receive bitcoin but only the difference between the price of the coin and the settlement price of the contract on the settlement date. Last thing to understand is that you don't have to keep the contract. That's the part that makes it 'trading.' The contract ends in 1 month. Cool. So you buy it when the price for JAN18 is $20,000 and then Bitcoin itself rises in the interval and the price of JAN18 futures goes up as well, you can sell that. You can sell it right the fuck away. Or hold it. Depends what you think will happen later. What's this mean for bitcoin?
Well, as you can probably put together from the previous paragraph what futures (and other derivatives) are great for is measuring market sentiment. Remember the exchanges need people to buy and sell. If they are able to sell a lot of contracts they get a lot of commissions. If not, not. And the more trading the less risk they have on their own positions because they can liquidate at any time. Think of it like if you have a ton of cocaine. Cocaine is expensive as heck, sure, but you notice the price goes down in gross or bulk right? Because it's fucking hard to move cocaine, isn't it? Nobody really wants to have a ton of cocaine. They want to SELL a ton of cocaine. Of course with cocaine the price will probably always be high and getting higher. With something like Bitcoin that might not be the case. I am bullish on Bitcoin for the long term, but still - it's a risk. So the exchanges price their futures to move. They find that sweet spot where an equal(ish) number of people will buy and sell. So the future price of a contract, you can assume, is where most of the market believes the price will be at the time of expiration.
How else does it relate to bitcoin? Ah, you will soon see because here is part 2 - how to make a little money.
Part 2 - How To Make A Little Money
Now, this part of the lesson isn't really aptly named because, truly, you could get insanely rich with at least one of these strategies if you're highly liquid. Let's do a short thought experiment. First, have a sip of coffee or water or tea or your beverage of choice and clear your mind a little.
I want you to imagine you are standing in front of an green grocer selling spices. You are looking at whole dried black pepper, called the king of spices because it is, as a commodity, the most widely traded and stored and sold spice in the world. It never spoils if stored properly and it's beloved around the world. You can buy this pepper for $100 a barrel. You believe this pepper is great and the price may rise so you buy 10 barrels on the spot - heck you can always cook with it, if you can't sell it - and give the happy grocer $1000 and go on your way expecting delivery at your gourmet spice shop tomorrow morning. On the way to the cafe to meet your sexy belly dancer date you spy an importer exporter with a sign in his window: Buying black pepper (whole) $150 a barrel on January 18. That's just 1 month away. You can make $50 a barrel on the pepper you already bought and all you have to do is hold it in the back of your shop for 29 days. Hot damn!
You march right into the office, sign a contract to deliver 10 barrels and leave $500 richer. You're walking with a big smile on your face just ready to brag to your belly dancer about the new nipple tassles you'll be buying her when you stop short. The grocer... You can go back there right now and repeat the process. As long as that grocer has pepper and this exporter is hungry for it you're the middle-man king of Calcutta! Hell there are farms everywhere, you can get rich this month!
So it is with Bitcoin. You can buy bitcoin right now. And you can sell it right now for more than you bought it for. And just like with cocaine, black pepper or dragon piss you're limiting your profit but guaranteeing it. Your black pepper, in the barrel and sold by the 1 oz bag is worth much, much more money than the 50% profit the exporter offers. The cocaine? Holy shit. Dragon piss I don't know, I prefer unicorn. But if you think about it - what's the stop you, other than your liquidity, from infinitely churning the contract?
The high price on the JAN17 contract during yesterday's trading was $20050. All through yesterday you could have bought bitcoin itself on coinbase for between $18,000 and $19,000 meaning you could have hypothetically bought 1 bitcoin and turned around and sold the JAN17 contract and made $2,000 ~ $1,000. And the amount of times you could have done that would be limited solely by the amount of money you have to do it with. And, yeah, the rules of the CBOE which has a limit on the number of contracts you can have, how much margin you need, etc. However, you should be able to post your BTC to them to show you have no issues with margin. After all - you own the coin itself. Your risk is limited. The price shoots up to $100,000 on JAN17 you can cry that you sold the contract on your beautiful coins but pay the difference all you have to do is sell those coins and use your 20 $100 bills to dry your tears. Conversely if the price of BTC should fall to 0 in that same time then some poor shmo owes you $20,050 and you still have the BTC to hold on to at night to keep you warm as it again rises in price. Get it?
OK, so that's one way to make a little guaranteed money. The price of the future is higher than the asset, buy the asset sell the future. Guess what you do if the price of the future is lower than the price of the asset?
So now let's say that the market is bearish on bitcoin and the JAN17 futures price is $15,000 and the current price of BTC is $17,000. Let's say you sell 1 BTC and buy the JAN17 contract. Well you've just spent $15,000 and made $17,000 for a profit of $2,000 and... now... you... wait. JAN17 comes and the market was right. Fuck Danny. The price of Bitcoin on JAN17 is lower than $15,000. Sheeeeit. Fucking Danny. Good news though, you have $2,000 to comfort you. Since you promised to buy the Bitcoin for $15,000 and the price is over $13,000 your $2000 is enough to cover your loss and leave you a bit of profit to boot. Nice. Naturally, if the price fell below $13,000 you'd have to eat the difference.
Perhaps you're starting to see how you can adjust your position with futures and assets to account for any market condition that may arise to secure yourself a profit no matter what may transpire. Sure enough, this is true. The only thing limiting you is your liquidity - aka how much filthy dirty evil money you have - and of course that's why the rich can't lose unless they gamble out of their depth. And it's also what makes it so hard for regular folks to do the sort of things I'm describing. Until an exchange comes along with micro-contracts or regular folks get together to create bitcoin funds together that's just the way the cookie crumbles.
Don't forget - you can hold the contracts or liquidate them along the way. Of course, if the price is moving in the direction favorable to your position you make money closing the position... and won't want to. And if it's moving the opposite way you lose money closing the position... and will want to. Such is the irrational nature of the speculator.
Next time: "Net Short vs. Net Long, You Should Know This Shit Already."
submitted by DeucesCracked to Bitcoin [link] [comments]

List of Lightning Network Coins

Here’s a list of coins that have or will have Lightning Network this year according to the coin’s roadmap. I also outlined some basic stats.
I couldn’t find a list of all the Lightning Network coins anywhere, so I decided to create one. Let me know if I’ve missed coins in the comments and I will make an update.
Source: Coingecko.com, coinmarketcap.com and specific coin websites sited beneath each coin. Current price and rankings are as of earlier today, 7-16-18.
BITCOIN
LITECOIN
VERTCOIN
VIACOIN
STELLAR LUMENS (2018)
BITCOIN PRIVATE (2018)
RAVENCOIN (2018)
DECRED (2018)
Other Coins added from comments with Lightning Network pipeline:
From comments: (thank you soldat-iop)
CHIPS:
• ⁠Lightning Network enabled
• ⁠Microtransactions – used for betting or any other micro-transaction application
• ⁠Will be used widely in betting platforms within the Komodo Ecosystem
• ⁠Will be the only currency supported in Komodo Platform’s Pangea Poker
• ⁠Can be integrated into any other gaming system such as online casinos, betting, or incentivized gaming of any type
• ⁠Supply: 21,000,000
• ⁠Proof of Work phase
• ⁠10 second block time
• ⁠Exchanges: CoinExchange, BarterDEX via atomic swaps.
• ⁠Wallet: Agama
submitted by Kayjay4 to CryptoCurrency [link] [comments]

Derivatives will kill us all!

My first RI!
I brought this up here a few weeks ago but I thought it was worth expanding on. Our exhibit of badeconomics:
BIS says there are $1 quadrillion in derivatives right now on earth. The last time there was this much in derivatives was before 2008. The banks made sure they can take your money if they crash in the last budget bill passed by U.S. How much is $1,000,000,000,000.00? If one dollar = one second. one million dollars = 12.5 days one billion dollars = 30 years one trillion dollars = 30,000 years one quadrillion dollars = 30 million years When derivatives collapse, you will finally understand that sea level and earth temperature rises will be the least of your worries, unless a resilient high pressure block parks its ass over the mid-west this summer. Because if it does, world starvation will begin. Don't forget that the U.S. government sold off its grain reserves in the last recession.
Admittedly this comes from /collapse, so I feel almost mean picking on this (the other post I made was criticizing Bloomberg News for misusing the figure we're going to talk about). Also apparently agriculture will collapse in 50 years. But I wanted to talk with you about derivatives, because I worked with them for 6 years and I find them endlessly fascinating.
The Biggest Number You'll Ever Hear
One thing that is true about this (and perhaps the only thing) is that the notional value of the world's derivatives is probably the single largest money value you can meaningfully talk about in finance and economics. The world's total debt, for perspective, is about $200 trillion, or 2.86 times global GDP.
If you google "derivatives quadrillion" you will get a lot of posts from people sharing our friend's view with varying degrees of breathless panic that the sheer size of this number will bring down the global economy. (Saying that it will end civilization, though, is new to me.) This quadrillion figure purports to be the notional value of the world's derivatives, and our friend is kind enough to cite the BIS, the Bank for International Settlements. The BIS is an international financial institution predating the IMF and World Bank sometimes called a "Central Bank's Bank" because it, well, settles international finances. If you've heard of the Basel Agreements (such as Basel III), which are at the core of international financial regulation, the reason they're called "Basel" is because the BIS lives in Basel, Switzerland.
Anyway, one thing the BIS does is count up all those derivatives. You can see the BIS data here. Indeed, you will see an eye-wateringly large number there: $552 trillion notional value for the world's derivatives (again, compare that with $200 trillion in global debt). That is down from $710 trillion in 2013 but a far cry from one quadrillion dollars.
That $552 trillion figure refers to OTC (over the counter) derivatives. There is another variety of derivatives - "listed" or "exchange-traded" derivatives. The BIS calculates an additional $63 trillion open interest in listed derivatives. Open interest is a comparable figure to notional value for listed derivatives.
If you don't know what OTC and listed derivatives are, don't worry, the difference is an important part of our story that we'll get to.
The BIS excludes certain types of popular listed derivatives from this total for some reason, including the kind of derivative that most people have heard of: stock options. The Office of the Comptroller of the Currency (OCC) provides reports on US derivatives exposure: out of $181 trillion in notional value US derivatives, $3.4 trillion are stock and commodity derivatives, so we aren't missing much.
I've Got a Notion Of A Notional
So what is notional value and why is it coming to kill you?
Financial derivatives are about being derived from something. The something is called the underlying of the derivative. Roughly, the value of that underlying is the notional value.
There are many fancy variations of derivatives, but there are three basic kinds: forwards, options, and swaps. The simplest one is a forward contract, which is just an agreement to buy something at a certain price at some point in the future. I'll give the same example I gave a few weeks ago:
Say we have a forward contract for one barrel of oil. This agreement says you will buy a barrel of oil for $30 from me in three months. The notional value of this contract is $30. If oil ends up costing $31 when the contract is due, you are able to pay $30 for something worth $31. The value of the contract then is...not $30 (the notional value), not $31 (the spot price), but...$1.
At the time the contract expires and you have to pay for the oil, this contract is just a coupon for $1 off on a barrel of oil. You're still obligated to pay $30 for the oil, but the derivative itself is only worth that $1 coupon.
If you had wanted just the option (not the obligation) to pay, you could have bought...an option. I won't get into options because this is already really long although options are way more fun.
I Just Wanna Sit Back And Unwind (My Forward Contract)
You might say, "Well, Sporz, fine - the contract itself is worth $1, but I'm still obligated to pay up $30 (notional value) for the oil. So it's still relevant?"
Yeah, and if you actually do hold it to maturity, you have to accept delivery of that barrel of oil and pay. But there is a way to get out of it and just pocket your $1 without actually getting a barrel of oil: Sell the contract. In fact, sell it back to the person who's giving you the oil for that $1 that it's worth (who will just rip it up, what's the point of delivering oil to himself?) Now there's no $30, just that $1 that changed hands - and nothing to do with the notional value!
"Sporz, that's insane!"
It is a little convoluted but it works. It works so well that the vast majority of contracts are unwound this way.
You may be wondering why you would bother doing this if you didn't actually want to buy or sell oil. One answer is that you could be just speculating on the price. The other is if, say, you're an airline that wants oil, or an oil producer selling oil - you get the ability to fix the price ahead of time rather than worrying that, when you need oil the price will be sky high or rock bottom. This reduces your risk substantially. A lot more oil producers would be bankrupt now if it weren't for these handy little hedges. This is why derivatives are so important and valuable and how they can make the world safer.
"But I still need oil!"
Yes, but not oil in Cushing, Oklahoma.
Back To The Future (Contract)
"Why are we in Oklahoma, Sporz?"
So, a forward contract like the one we made is an over-the-counter (OTC) derivative. OTC derivatives are nifty because you and I get together, decide on a custom price, and a custom location for delivery. The problem is that this is expensive (we're hammering out a very custom contract and I am a very expensive banker), you're dependent on me still being in business when the contract is due (I may be very expensive, but I also could be very incompetent), and if you want to get out of it, either I'm feeling nice, or you have to find someone else to take this very special contract and that can be hard. People still do this sometimes (Pemex, the Mexican national oil company, hedges using OTC oil derivatives) but you can see some problems.
Futures contracts are closely related to forward contracts. The difference is that they are listed derivatives - instead of calling me up and hammering out this very custom contract, you go to a big exchange, like the New York Mercantile Exchange (NYMEX) and buy the contract there.
The contract is completely standardized: the oil (West Texas Intermediate) gets delivered on specific dates, and at a specific place (Cushing, Oklahoma).
"But I want oil in Ohio."
The price of oil in Ohio is going to be pretty close to what it is in Oklahoma. (The difference is called basis risk). But close enough. So you close out your NYMEX contract and pocket your $1 and pay about $31 in Ohio for oil. Net, you still managed to pay $30.
The benefit is: Because the contract is standard, many people want to buy and sell them, so you shouldn't have a hard time getting out if you want. Also, you aren't contracted with me specifically. If you want to buy, and I want to sell, the exchange will contract with us both. Your counterparty isn't me, the incompetent banker who might disappear tomorrow, but with the entire pool of buyers and sellers at the exchange.
The other thing is margining and daily settlement. Obviously the exchange doesn't want to pick up the tab for me being a deadbeat if I can't pay in three months for that $31 barrel of oil. So I have to keep some amount of cash in a margin account at the exchange to cover me. Each day, the contract is settled as if I had closed it - if the price went up, I have money taken out of my account. If the price went down, money gets put in from yours. If I don't have enough money in my account, I face a margin call. (Awesome movie by the way, you should see it - ironically there is no margin call in it). If I don't make the margin call and top up the account, my position is closed immediately for being naughty.
"What does this have to do with notional values?"
It doesn't. It has to do with making derivatives safer (almost to the point of paranoia at times). So derivatives won't blow the world economy up like our friend thinks they might.
So, how big is it? Really?
So we've talked about the benefits of derivatives (being able to hedge risk), things that can make derivatives less risky (margining, daily settlement, and central clearing - we'll come back to those). And that notional value is not a good way to measure the size or risk of derivatives. So what is a good measure?
One way to think about it is, if we see that notional value can vastly overstate the size of a derivative (our $30 notional, $1 value forward contract again), we can think about the market value. Our forward contract has a market value of just $1.
It's also worth noting that notional value could (in rare cases) be less than the market value. If oil had risen to $90, the contract would be worth $60 - on a $30 notional. But this is rare and (for reasons I'll get to) statistically impossible for derivatives as a whole.
If we go back to our favorite BIS report you'll see a figure for "Gross Market Value" which is just $15 trillion rather than the $552 trillion for OTC derivatives. That's a huge difference, I don't have to tell you - $15 trillion is a big number but not nearly as mind-boggling as half a quadrillion. This is essentially the difference between the $1 and $30 values for our forward contract.
But it gets better. Let's look at our favorite OCC report, the one that talks about American derivatives.
We start with that $180 trillion notional, and there's a "Gross Positive Fair Value" (this is like "Gross Market Value") of $4 trillion. So, great the US's derivatives are a lot smaller than notional would suggest too.
But let's imagine that you're a bank now and you have lots of deals. Lots of these deals offset each other, though - one derivative I have with you might be worth $1M, the other might be worth -$500,000. If you or I go bust, it isn't $1.5M down the drain - just the difference, $500,000. This difference is net current credit exposure (NCCE).
That NCCE is just $500 billion for the US. So out of that $4 trillion worth of derivatives out there, there's enough offsetting going on that there's only $500 billion on the hook.
NCCE can change dramatically (It went up to $800 billion during the crisis) but it's pivotal to estimating the magnitude of derivatives as a potential economic risk.
You just make me wanna SWAP!
"So, Sporz, I was reading your favorite BIS report and I noticed you haven't talked the biggest part - $434 trillion in interest rate contracts. WHAT ARE YOU HIDING!?"
Calm down! I'm getting there!
The fun thing about derivatives is that they mix and match. You want a forward contract buying Euros intead of oil? You got it. An option on a commodity? Sure. An option on a future on a basket of options on a basket of stocks? Go nuts.
As you may know, interest rates are kind of important in finance. Like the oil price, interest rates move, and like people sometimes want to bet on the oil price or lock in a price that they find preferable to tons of risk, people want to do this with interest rates. A lot.
By any measure, interest rate derivatives are more popular than any other category of derivative. More popular than the rest of them combined, even.
So it's worth talking about them.
The characteristic feature of a swap is paying repeatedly for something. Our forward contract just had us pay once; a swap on oil would have me paying each month for a barrel of oil for say $30. (Like the forward contract, this is rare for crude oil - you'd rather buy a bunch of crude oil futures and pay those each month for that sweet, sweet Oklahoma oil).
A typical interest rate swap will have two sides - one will pay floating, the other will receive fixed. These are called the "legs" of the swap. The floating leg will pay every three months whatever the chosen interest rate is (say, 3 month LIBOR - yes, that LIBOR) The fixed leg will pay a fixed amount over the life of the swap. This is useful because if - say - you're being paid a lot of variable rates and worried they'll crash, you can trade that out for a known fixed rate and then you are safe and happy.
This is very common but swaps (like all derivatives) can get super fancy. Add in a few more legs, a collar, a call, some cross-currency risk, and now we're talkin'.
Interest rate swaps are important not just because of their enormous size, but because they are OTC. Like our original forward contract, these get sketched out between counterparties and are highly customized. In the past, these had some of the problems are forward contract had - you may find it hard to get out of this swap if you want to, and you're dependent on me, your sole counterparty, to pay up and if I don't show up then you are sad, lonely, and out of a lot of money.
Some of those things that make listed derivatives safer have been applied because of The Recent Unfortunateness to OTC swaps. There are now Swap Execution Facilities to, er, facilitate swaps. Specifically, swaps now have to be centrally cleared (kind of like the listed derivatives) which reduces dependency on a single counterparty. There are also margin requirements to make sure that the swap gets paid. This is intended to reduce the systemic danger of swaps blowing up.
So credit. Very risk.
Even if you've never thought much about interest rate swaps, you might have heard of credit default swaps.
These have a fun story. Swaps have been around in bulk since the 70s; options around the same time (thank you Black-Scholes); forwards are ancient. Modern credit default swaps were invented by a lady named Blythe Masters at JPMorgan in 1994 because they were worried that Exxon wouldn't pay a debt to them because of the Exxon Valdez disaster.
Credit default swaps (CDS) are usually described as insurance. They're called "swaps" in the name but they do not taste like swaps. The typical interest rate swap will see both sides make money at various points during the life of the swap (usually) and it will not be very much (remember - you make the difference between two different rates, which is unlikely to be very much). A CDS looks like this in that one side pays for protection ("protection buyer") and the other side sells it. The protection is on some debt some company owes (say, Exxon). As long as Exxon keeps paying its debts, the protection seller just keeps getting paid, and if everything is hunky dory, the protection buyer might never get paid back anything at all.
If things go pear-shaped, though, the protection buyer gets to cackle with glee and sell some worthless bonds for full price to the protection seller. Then the swap ends, and the protection seller is very sad.
One thing that makes this different from insurance is that I can't insure your house (unless I live there. Can I?) And I can't insure it multiple times hoping that it burns down.
"Well that's creepy."
Yep.
It's not quite as creepy as it sounds, though. For every "I hope his house burns down" there is an equal and opposite "I hope his house stays pristeen and perfect and only lightly singed." This is not academic - there are things like The Curious Case of the CDS and the Spanish Casino in which the company was made to technically default, trigger the CDS, and go on happily. It has been described as "objectively beautiful." It made The Daily Show.
No talk of CDS is complete without AIG, though. You'd think an insurer would have done better than insure the hell out of all the bad debt in the world, but that happened.
I bring this up not to bury CDS but to praise it. Derivatives are tools. They can be used for good and ill. The key is to make them good rather than throw out a potentially valuable tool.
The main challenge with CDS is that (unlike normal swaps) they have the potentially to blow up in a big way. For years you make a few pennies a month selling protection then one day you discover you've been protecting Lehman and then you are sad in a big way.
Since 2008 CDS was changed to be more standardized (helping you get out of one if you're in trouble). They now have to have fixed coupons (and, making them even less like normal swaps, there is an upfront payment to compensate) making them similar to one another. They also have margining and central clearing now. The goal here being entirely "Let's not let these derivative blow the world up, shall we?"
Oh, and Blythe Masters (inventopopularizer of CDS) went on after inventing these things to prank the California energy market and is doing stuff with bitcoin now. Bon voyage.
So long, and thanks for all the derivatives
So this is incredibly long but I've had my thoughts on derivative percolating for a while and I wanted to illuminate some of it. So we covered how notional value vastly overstates the economic relevance of derivatives; we illustrated it with a forward contract; talked about how certain innovations in the listed market make derivatives less fragile; and discussed how those innovations have been applied to certain interest and credit derivatives since The Great Unfortunateness.
I do want an excuse to talk about mortgage backed securities and stuff because those are fun too.
"Wait, you owe me a barrel of oil!"
Dammit.
submitted by Sporz to badeconomics [link] [comments]

Price manipulation using Algorithms! (cooking the books in the 21st Century)

Price manipulation using Algorithms! (cooking the books in the 21st Century)
CryptoCurrency Exchanges—WOW, Price manipulation using Algorithms! By B. Yarbrough—Copyright©SunshinePublishing 2018—All Rights Reserved.
21st Century \"book cooking\"
Are Exchange owners using Algorithms to manipulate EOS, BITCOIN and virtually all crypto-currency prices?
by Benjamine (Ben) Yarbrough Author of "Linear Fractal Mathematics".
—Copyright© Sunshine Publishing 2018—All Rights Reserved.
Ever wonder about the peculiar "in sync" activity that you see on crypto-currency exchanges --where VIRTUALLY ALL prices move up and down TOGETHER? To me, it threw up a red flag indicating that the exchanges were being controlled through the use of algorithms.
Bear with me and I'll share my very simple explanation, however improbable sounding, that fits the observed BIZARRE crypto market performance being seen on a daily basis. (AFTER POSTING THIS LAST WEEK and sharing it with the Joe Cutler --the chief counsel representing BITTREX (one of the major US crypto Exchanges)-- I have seen the first NORMAL looking daily activity in months--where a believable distribution of some crypto prices are seen moving down hiler others are seen moving up. Is there any connection to be seen? Further, did I, or this article, have anything to do with the suspension (at least temporarily) of the wacky crypto price activity that has been seen in recent months? Who knows?
When did this algorithmically enhanced market behavior begin to rear its head?
This movement of crypto prices has been seen happening roughly since December of 2017, which I imagine is when the participating exchanges decided to begin employing this sinister set of price enhancing and deflating algorithms. It was, before this time, that there were huge disparities of price between the Far East exchanges and exchanges for example in the USA. Have you noticed that those great price gaps in the exchanges' value of Bitcoin, have stopped happening? Interesting?
Watching the performance of crypto prices being posted daily, since December in 2017, reminds me of watching a flock of birds flying through the air like a school of fish swimming in the water. The birds appear to move with a single mind-- flying through the air in a unison that seems carefully rehearsed and choreographed. Yet, as we all know, this kind of price movement across all the varying types of crypto, at the same time, and changing direction not only from day to day but even from moment to moment, simply does not happen IN ANY MARKET without being controlled by people standing to gain from this manipulation.
In fact, the general crypto-currency market behavior seen during the last 10 months, doesn't seem to make much sense at all. It also doesn't seem to follow the general market behavior norms that one sees with other investment markets (NYSE or NASDAQ for example). Yet, there should be really strong parallels –where stocks in companies of one type or another, surge and others falter. However, it appears that these normally seen Ups and Downs are being controlled, tempered and exaggerated by some overriding control that can frankly only be generated by the use of an algorithm to control the impact of daily buys and sells.
I am talking about crypto price performance that seems to be tied, not to specific market factors or investor actions but rather to algorithms impacting general market behavior.
[Although many market analysts have attempted to use a kind of mumbo-jumbo nascience to explain not only what is happening, but also to predict what the future may hold].
Before getting into the specifics of exchanges manipulating prices, I should provide a thumbnail sketch of what algorithms are and what they can be designed to do (in very basic terms). An Algorithm is a set of instructions usually used in computer programs. These instructions form a recipe of sorts, telling the computer "step by step" what should be done.
ALGORITHM EXAMPLE 1: Algorithms are used in the programming of slot machines. telling them HOW OFTEN and HOW MUCH to payout.
ALGORITHM EXAMPLE 2: As I'm guessing that by now, everyone knows that online casinos are almost always crooked. the following story should come as no surprise.
A man was playing on an online casino every day for months, perfecting his blackjack game playing for low stakes $1 to $15 per hand. he was winning regularly. Finally, he decide to take his game up several notches, and bring out his "big bankroll". His basic bet went from $1 to $50 and it would go up as high as $500 (in the event he encountered consecutive losses). When the online casino's computer saw that he was betting much larger amounts, it called up a different algorithm to determine when and if he should win a hand. Long story short, upon escalating his bet amount to the $50+ level, he proceeded to lose 37 bets in a row. Now for those of you who are not into mathematics or probability, the odds of losing 37 hands in a row at the game of blackjack are in the "BILLIONS TO ONE" range. Meaning his consecutive losses were not a FLUKE. In that case, the repeated incidence of losing was being controlled by a computer algorithm. One which was basically written with the general rule in place, "if the player is betting big money, they ARE NOT going to be allowed to win."
[The algorithm I am referring to in this article would do something very different, but the constant is that the thrust of algorithm involvement, is still "to control the results being obtained in an often unseen manner--think of a politician's hidden agenda".]
THE OVERRIDING SITUATION:
Each day's trading activity is not consistently weighted and reflected in the prices of the listed cryptos reported from one day to the next AND EVEN FROM ONE HOUR TO THE NEXT.
Let me give an example:
Let's pretend for a moment that I have one million EOS, next, we'll pretend that I'm the only trader on this hypothetical Exchange.
Now, we will, "ON MONDAY", for example, imagine that I sell my 1,000,000 EOS. When I do, we watch the price of EOS go from $6.00 to $5.90. So the impact of that sale on the "UP ALGORITHM enhanced MONDAY" is going to cause the price of EOS to drop only $.10 . Later that day I am going to turn around and buy 1,000,000 EOS and that sale is going to cause the price of EOS to rise by $.50 (from $5.90 o $6.40). [The net result of the algorithmically enhanced BUY activity on Monday is exaggerated upward price movement.]
Imagine this behavior being instantly repeated on the activity of all cryptos on an exchange. at the same time and you can see how it would create the "in sync" movement of exchange crypto prices. As a result GREEN (demonstrating upward price movement) price increases are INSTANTLY seen in virtually all crypto prices rippling across the exchanges (as the algorithm employed on Monday has the effect of causing token price to be "Up-enhanced" when EOS (for example) is purchased, and the impact of EOS dumping—during THAT SAME DAY CAUSES "downward price movement" to be minimized-- but not eliminated.)
No other viable theory explains the crazy market behavior being seen.--
(I'll spare the reader the tedium of extrapolating the step by step explanation of how the DOWN-ENHANCING ALGORITHM HAS THE OPPOSITE EFFECT ON MARKET PRICES).
A DOSE OF Undeniable logic:
It's like watching an apple fall from a tree to the ground, you can't actually see the size of the planet one is watching this "FALLING APPLE EVENT" taking place on, but you can accurately gauge the size of the planet based on the speed at which the apple falls. --A planet's gravity (and hence its' size) is key to the rate that things fall at ON THAT PLANET.
Further if you see that the speed at which the apples you observe falling varies from day to day. If it does, you can be sure that the observation is taking place on different planets-- just as "the price fluctuation differences of same volume trading" from one day to the next, to a different algorithm being in place in what should be sessions showing identical price movement. ]
The obvious architects (or willing participants) of such a plot to PLAY the market's investors, can be none other than the owners of the top crypto-currency exchanges. In any event, this absurdly fantastic sounding possibility seems to be the only explanation that makes any sense of the bizarre market movement we crypto-currency investors have been victimized by in 2018.
* * *
Ben Yarbrough is the author of Linear Fractal Mathematics and a recognized expert in the prediction of unexpected "micro movements and events"; events previously seen as simply "random". His secured website isBaccaratTraining.Com and visitors there will see why he is regarded by some as the top trainer of High Stakes gamblers in the world today (as well as a pioneer in the field of Linear Fractal applications).
https://preview.redd.it/152x2ir96to11.png?width=1280&format=png&auto=webp&s=c116f03008a79f178362f0c255991c9a841f3b3d
submitted by LinearFractals to u/LinearFractals [link] [comments]

List of all crypto currencies that have ever existed

I've attempted to list all the crypto currencies ever, which took many hours and much searching. If I missed any, which I'll be extremely surprised if I didn't, please tell me and I'll add it to the list.
365Coin
502Coin
6coin
21Coin
42Coin
66 Coin
AIRcoin
Alcohoin
Alienwalkerx
Alphacoin
AlphaOmegaCoin
Amazon Coin
Americancoin
AmKoin
AndroidsTokens
Animecoin
Anoncoin
Antikeisercoin
ApeCoin
Applecoin
Argentum
AsicCoin
Astrocoin
AuroraCoin
Babycoin
BaconBitsCoin
Barcoin
BaseCoin
BatCoin
Battlecoin
BBQcoin
BeaoCoin
Beecoin
Beertokens
Belicoin
Bells
Benjamins
Betacoin
Billioncoin
BitBar
Bitcoin
Bitcoin sCrypt
Bitgem
Blackcoin
Bladecoin
Blakecoin
Bosscoin
Bottlecaps
BountyCoin
Burbucoin
Butterflycoin
Bytecoin
CacheCoin
CageCoin
Carboncoin
Cashcoin
CasinoCoin
Catcoin
Chaincoin
ChiCoin
CHNcoin
Chococoin
CinammonCoin
Clockcoin
Cloudcoin
C-Note
Coiledcoin
Coin
Coin2
Coino
CoinyeCoin
Colossyscoin
CommunityCoin
Continuumcoin
Copper Bars
Copperlark
Corgicoin
CosmosCoin
Counterparty
Craftcoin
Credits
CPU2coin
Crimecoin
Cryptobits
CryptoBuck
CryptogenicBullion
Cryptographic Amomaly
Cryptonium
CthuluhuCoin
Cubits
Darkcoin
Datacoin
Deutsche eMark
Devcoin
Diamondcoin
DigiByte
Digicash
Digitalcoin
Dimecoin
DNotes
Dobbscoin
DollarPounds
Doubloons
Dougcoin
DogeCoin
Dopecoin
Dragoncoin
Dubstepcoin
Duckduckcoin
EagleCoin
Earthcoin
eCash
EcoCoin
EdisonX3
Ekronacoin
Elacoin
Electronic Benefit Transfer
ElectricCoin
ElephantCoin
Emerald
Emunie
Error502coin
Execoin
Exilecoin
eToken
Extremecoin
EzCoin
Fairbrix
FairQuark
Fastcoin
FCK BANKS COIN
Feathercoin
FedoraCoin
FerretCoin
FireFlyCoin
Flappy coin
Florin coin
FoxCoin
Franko
FreeCoin
Freicoin
Friendshipcoin
Frozen
Frycoin
Galtcoin
Gamecoin
GalaxyCoin
GayCoin
Geist Geld
GeoCoins
GiftCoin
GIL
Glaricoin
GlobalCoin
Globe
Goatcoin
Gold Coin
Gold Pressed Latinum
GPU Coin
Grain
Grandcoin
GridCoin
Groupcoin
Growthcoin
Grumpycoin
Heavycoin
HelixCoin
Hobonickels
Hotcoin
Huitong
HunterCoin
Hypercoin
Icecoin
iCoin
I0coin
Imperial Coin
Incakoin
Infinitecoin
iXCoin
Insanity Coin
Insertcoin
ItalyCoin
J-Coin
Jerkycoin
JKC
Jupitercoin
Joulecoin
Junkcoin
Kakacoin
Karmacoin
Kimoto Gravity Well
KingCoin
Kittehcoin
Klingon Darsek
KlondikeCoin
Krugercoin
Kudos
Leafcoin
Lebowskis
Lemoncoin
LeproCoin
Liquidcoin
LiteBar
Litecoin
LiveCoin
Lottocoin
Lottery Tickets
Lucky7Coin
LuckyCoin
Machinecoin
Magic Internet Money
Majorpiece
Marscoin
Maples
Mason Coin
MasterCoin
Mavro
MaxCoin
Mazacoin
Mediterraneancoin
Megacoin
Memecoin
MemoryCoin
Metiscoin
microCoin
Milancoin
MinCoin
Mint coin
MMM coin
Molecule
Monacoin
Mooncoin
Moviecoin
Murraycoin
Myriadcoin
NaanaYaM
Namecoin
NanoTokens
NBCOIN
Neocoin
NetCoin
Networkcoin
Nybble
Noblecoin
No Coin
Noirbits
NoodlyAppendageCoin
NovaCoin
NuCoin
Nuggets
NutCoin
Nxt
Nyancoin
Ocoin
Oilcoin
OilGasCoin
OlympicCoin
Onecoin
One last coin
OnionCoin
OnlineGamingCoin
Opencoin
OpenSourcecoin
Orbitcoin
Orobit
Paccoin
Pandacoin
Pangucoin
Particle
PayCoin
PeaceCoin
Peercoin
Penguincoin
Pennies
PeopleCoin
PesetaCoin
PhenixCoin
Phicoin
Philosopherstone
Pikacoin
Piratecoin
PixelCoin
PKR coin
Platinumcoin
PlayToken
Pokercoin
Popular Coin
PotCoin
PowerCoin
PPcoin
PremineCoin
PrimeCoin
Prospercoin
Protoshares
PyBy Coin
Quantumcoin
Quark
Qubic
Qubit
Quick Quick Coin
Rabbitcoin
Radioactivecoin
Rainbowcoin
Rare Coin
RastaCoin
RealCoin
Realpay
RealStackCoin
Redcoin
ReddCoin
RichCoin
Riecoin
Ripple
RonPaulCoin
RoyalCoin
Rubycoin
Rucoin
Saturncoin
Sauron Rings
SavingCoin
sCoin
SecondsCoin
SecureCoin
Seedcoin
Sexcoin
Sherlockcoin
ShillingCoin
SHIT coin
Sifcoin
Skeincoin
Skycoin
Smallchange
SmartCoin
Snowcoin
Sochicoin
Socialcoin
SolarCoin
Solidcoin
Spots
StableCoin
StacyCoin
StalwartBucks
Starcoin
STLcoin
StoriesCoin
Sun Coin
Swiftcoin
Suncoin
Sunrisecoin
Supercoin
Swansoncoin
Syncoin
TakeiCoin
TagCoin
Teacoin
TekCoin
Tenebrix
Terracoin
Tescoin
TeslaCoin
Thorcoin
Tickets
Tigercoin
TimeKoin
TittieCoin
TopCoin
TradeCoin
TurboCoin
UFC StarTrek
UFO coin
UltraCoin
Union Coin
Unitecoin
UnitedScryptCoin
UnityCoin
Unobtanium
UScoin
USDe
ValueCoin
VelocityCoin
Vendettacoin
Vertcoin
Visacoin
WEEDS
Wikicoin
Worldcoin
Xcoin
XenCoin
Xivra
YAcoin
YinYangCoin
Yuan Bao Coin
ZcCoin
Zedcoin
Zeitcoin
ZenithCoin
Zetacoin
Zeuscoin
ZurCoin
submitted by turtlecane to dogecoin [link] [comments]

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Trading Bitcoin - Bitcoin Pops to $5,800, now what? - YouTube

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