What are Smart Contracts? Explained By CoinsIQ

Dec 31,2017 / By harishr / No Comment

Smart contracts for cryptocurrency

Smart contracts or the self-executing contracts includes the terms of the agreement between buyer and seller these are directly written into lines of code. The transaction between buyer and seller are trackable and irreversible. All the actions are executed automatically.

The idea behind smart contracts

Smart contracts were first proposed in 1994 by Nick Szabo, an American computer scientist who invented a virtual currency called “Bit Gold” in 1998. Bitcoin consists of the basis of contracting the blockchain technology. Szabo defined the main principles of its work at that time, but there was no appropriate environment to realize those contracts at that time. A lot has changed over time with cryptocurrency emerging.

How does smart contract work?

Smart contracts work on the blockchain technology principles the terms of contracts are coded and put into the blockchain. These contracts are looped multiple times between the lines of codes. This contract is executed when the trigger happens. All this works under the terms of a contract.

Using digital currency is more fun! Use the below link to buy your first bitcoin safely and get $10 extra in to your account. If you buy bitcoin for $100, you get $110 worth of bitcoin Buy Bitcoin

To create a smart contract, you need

Subject of the contract

To lock and unlock the program automatically program you are choosing under the contract must have access to all goods and services suiting the contract terms.

Digital signatures

The agreement of the contract is initiated by sign of the participants in the form of the primary key

Contract terms

These terms show the exact sequence of the operation and every participant has to follow these terms.

Decentralized platform

The smart contract is deployed to the Blockchain of this platform and distributed among the nodes of the platform.

Real life use

Smart contracts can be used in different real-life fields and provide great help for the same.

Elections

Results of voting can be put in blockchain; and then distributed among the nodes of a network. An advantage is all the data is encrypted and anonymous. This avoids manipulation of votes.

Logistics

Smart contracts ensure transparency in the contract terms, fraud protection. It can also provide shipments tracking; with the integration of the Internet of Things. There are some other possible applications; i.e., in management, bank system, insurance, estate, IoT, and others.

Smart contract benefits

Smart contracts use all the benefits of Blockchain technology. Smart contracts provide:

• Security

The smart contract guarantees that it will not be lost or changed without your permission. It is encrypted and distributed among nodes.

• Economy and speed

Intermediaries are eliminated; as the process is automated.

• Standardization

The contracts are standardized according to needs as there are different types of contracts available.

Where can I create a smart contract?

Smart contracts are implemented in blockchain with varying degrees.

• Complete support for deals

The support team is there to help you during the whole cycle; answering your questions and solving your queries.

• Being suitable for non-programmers

Almost all platforms require programming skills or programming services.

• Arbitration availability

The third party involvement requires additional unnecessary waste of time and resources.

Image Source

Bitcoin Cryptocurrency Invest

The Best Way to Invest in Bitcoin – CoinsIQ

Dec 29,2017 / By harishr / No Comment

Bitcoin is the cryptocurrency and the worldwide payment system. Some thought of this as a fad but Blockchain technology, Bitcoin, Ethereum they are all in the news right now, and there is no end to their sight. The fever of cryptocurrency is all upon people, and each of them is trying to take full advantage of this “Crypto fever.”

In this blog post we will cover a better way to ride the crypto wave and show a best way to invest in bitcoin. Just keep reading !

Setting The Stage But How? (What is Bitcoin)

Now the question arises how? Besides the ability to change rapidly and unpredictably mainly for the worse some of the most significant risks right now have the lot to do with the exchanges and result of breaking security.

Outside of this, there are also some scenarios where 10%, 30%, or even 50% of the value of things like Bitcoin or Ether can be lost in slight of a moment. For the novice crypto trader, this gets an alarming situation where tens of thousands of accounts were hacked.

And so, companies like Global Blockchain Technology Corp (BLKCF) come into action to make investment more comfortable and safer for novice crypto traders. This company includes a team of well-trained advocates to target some of the biggest wealth drivers in the digital currency market by investing into different cryptocurrency mixes. This could be the best way to invest in bitcoin or any other cryptocurrency.

What Global Blockchain Technology Corp (BLKCF) Does?

BLKCF includes investments directly into “blue chip” cryptocurrencies like Bitcoin. It is gaining direct exposure to some of the biggest booms in crypto till date including sub-section of initial coin offerings or ICOs.

For all the novice crypto investors this is the vast opportunity to hedge into the growing bunch of cryptocurrencies. But this is just beginning; to be honest of those looking directly at Global Blockchain Technology Corp (BLKCF).

The cryptocurrency hedge has shown enormous expansion to date. Cryptocurrencies hold market capitalizations at or above $1 billion; while the total market sits well around $100 billion. BLKCF is providing investors with the access to the basket of growth volunteered by the expert team of industry pioneers and the best part there is no need for the account. You can buy it online from the broker or even have an investment account like IRA or 401(k). Just like any other investment, you can invest in bitcoin.

The Surge Of the Magic Coin!

People looking at the overall landscape of bitcoin and hearing about the unstoppable growth some have made. It seems very considerate that those who thought of a bitcoin as a fad in 2009 and 2010 are kicking themselves now. The value of bitcoin has increased dramatically from 0.30$ in 2011 to 7000$. This has led to some companies creating similar tokens like bitcoin and ether to raise their funds.

Changing Waves In The Sector

The ways that cryptocurrency can be accessed, mined, or traded blockchain technology and ICOs, are massively transforming the financial scene of the marketplace. The cryptocurrency market is next to being the top of the financial world. Several Investors and Consumers have turned their preferences towards it; and are expecting almost 2000% returns coupled with the liquidity factor of their additional investments. The consumers of this technology have changed from simple geeks wanting to make money to serious-minded VCs and hedge funds planning their next play and add up to their wealth.

Firms And Their Stories

This latest blockchain-backed phenomenon has garnered attention from many firms although the most that they delve into is in the mining and the exchange route thinning a slice of it for them. MGT Capital is involved in mining, a business that demands lots of cash. Although it clocks a revenue of $2 Million in a month; almost half of it goes into the expenditure of buying rights, building sites, and powering the extensive facilities. A second company called Overstock.com (OSTK) is an e-commerce company that sells everything under the sun; has started accepting cryptocurrency as its online payment. Bitcoin price

Bitcoin Investment Trust (GBTC) is one of the rare pure players in the market that directly deals with on hand bitcoin price. GBTC allows its investors to follow the trends in them without buying bitcoins and storing them.

The Take – Away

Global Blockchain Technology Corp has strategically covered 75% of its holdings in cryptocurrencies. It invests only in tokens that provide functions of security and fundamental utility. The opportunities for cryptocurrency and its usage are endless. The question is “Will you ride this wave?”

Image Source 1 & Image Source 2

Altcoins Cryptocurrency Guide Invest

Difference Between Price, Value: How to Assess an ICO

Dec 23,2017 / By harishr / No Comment

By visiting this blog post, you would be able to figure out the difference as in between price and value. We often are guiding you that how you should be accessing the ICO. Scroll down and get the complete information in this regard.

Investing – Buying and Holding:

It may not be incorrect to cite that there has been a necessary involvement of the investors in the cryptocurrency. It does come up with some of the fortunes that are being made and somehow lost rapidly too. For the beginners, sometimes, it is much easy to miss out the differences as in between the price and so as the value. Some of the investors have been all completely focusing on the top of the quick flip as they would buy the “hottest” ICO.

How to assess an ICO

They even do this with the aim of where they are hoping to sell the large sum of profits as they would be ending up with the crowd-sale. In this condition of how to assess an ICO, some of the approaches would come about with the favorable results, but many of them would shape into the failure signs too. It is suggested that it would be much easier and sure also to get the profits of buying or holding. But for that reason, it is essential for the investor that they should be figuring out the actual difference as in between the token’s price and its value.

Some of the tokens and so as the currencies would be coming over with one such kind of the projects that had a more significant amount of potential. Many of them would be standing as in disruption of the traditional ways by carrying out different kinds of things.

ICO investing pro-tip

Hence, at the end of the project, it would be bringing out with some higher profits in their account. Let’s share a protip with you! As you would start flipping your investors, then it would instead be possible that the ICO tokens would begin flipping as well. In favor of the long-term potential, some of the higher profits should be coming your way.

To be successful in this business, it is vital to have a complete know-how by the side of the investor’s category. You should be asking yourself that what would be the current and the potential value of the projects which they have been evaluating. If you want to lose money quickly, then the best way out would be buying an overpriced token. Make sure that particular token should be having little potential and must be low in terms of value. At the same side of the story, investors should be having enough score of the foresight to purchase the woefully underpriced Bitcoin or also the quality altcoins.

All in all, we would say that the need and hence the proper vetting of a team’s business model should not be at all overemphasized. So did it made your mind clear with is the upholding of buying and holding in this whole process.

ICO – Difference Between Price, Value:

It is much essential for you to figure out What is an ICO and the actual difference as in between the driving demand for the token inside the marketplaces. This would be demanding as in terms to have the honest as well as an unbiased assessment of the project. Some of the projects would hence be requiring the idea where they are correctly executing the order to be successful.

In the same timeline, the investors would be considering the means of perfection that hence occurs most rarely in the entire world. At some stage of the playing mode, the market factors would be coming all into your way as well. In all such elements would highlight the name of crypto adoption. The concept of What is an ICO would remain in future too. But it is not certain. Investors should not be taking into consideration any project which had the token value that is hinged purely on speculation. Plus, they should not be carried away with the means of hype.

How to Evaluate an ICO Investment

It is just the side of investors, as where they should be paying attention to the limitations that is all the more as beyond the commonalities of tokens. They must be paying all the more attention straight to the project’s unique proposition. Investors should think about taking a step back as the new project would be starting off as coping with the existing ones. You mainly do not need to follow any other investor regulations and rules until and unless you do not know the fact that for what purpose they have invested some money in the project. It is a rule that every single investor would be assessing the current and so as the future value of the project in which they invest.

Altcoins Cryptocurrency Invest

Two Explosive Altcoins That are Undervalued

Nov 26,2017 / By harishr / No Comment

By checking out with this blog post, you would be able to get some of the insight information as about two explosive altcoins that are undervalued. Get some detail information about how to buy the dip easily and that too without any hurdles.

Undervalued Altcoin 1: NLC2:

If you would search around for the high market cap cryptocurrency coins, then there is much you can get to know about it at best.

Reasons to Watch:

There are so many reasons as right through which you should be watching out for the altcoins!

NoLimitCoin is presently placed on the ranking of 146 as according to the Coinmarketcap. As the coin would be making its way into the top 100 list ranking, it would probably be able to get some attention. But as it would start hitting the timeline of 50, it would be in the eyes of so many investors as they would start analyzing it.
It would rather be a good idea if you would be positioning the coin as it before it might cross the limit of 50. If you would be looking at the rankings, you will be catching most of the coins as inside the range that has just gotten hammered this week from the upcoming bitcoin fork.

no-limit-coin

NoLimitCoin has been present in the custody timeline of the beta product out that is said out to be used so currently. It is to be mentioned that the industry has gotten hold over the 80% of altcoins has not come about with the product released yet that is one of the good signs.
NoLimitCoin has not brought about with the most significant exchange hits yet. It has been presently holding with the market cap that is about $42,020,962 currently. It is being expected around that they will be rising as they will be hitting the major exchange such as Bittrex or Finance.

You should never be buying the coin when it is at the highest point. You probably do not need to look over at the undervalued altcoins as it does have the potential to explode up as in the state of the parabolic rise as something bizarre will be happening around. As we had already mentioned that NoLimitCoin has never hit down the major exchanges yet so therefore it would rather be an excellent chance to hence market cap and jump over considerably.

It is defined as the working product and has come about with the release of the user interface. This has come across to be partly contributed to some of the spike holdings. It is all the more a known fact that NLC2 has a strong level of community as behind it. But until now some of its best and biggest projects of the marketing planning has not yet implemented at this point of the stage.

Undervalued Altcoin 2: PIVX:

If you would be carrying out with some research work on PIVX, you will probably be finding a downtrend inside it. Most of the undervalued altcoins do have the same nature. This is another one of the major coins that have been undervalued so many times. As you would be looking at the monthly chart, the MACD line would be hence crossing upwards over the signal line.

The signal line is hence witnessed out to be 9-day EMA. EMA is the abbreviation of Exponential Moving Average. MACD is calculated through the method of subtracting the 26-day exponential moving average (EMA) as from the 12-day EMA. It is to be highlighted that MACD and Signal are the two lines that are always present as under the candle chart. These two indicators are much useful at the time of studying the coin charts. It would be assisting you to decide the current direction of the coin.

PIVX

Reasons to Watch and Buy:

PIVX is the abbreviation of Private Verified Instant Transaction. PIVX is defined as the course of privacy coin. So many kinds of coins such as Monero, Dash, and ZCash, Verge is part of this category. PIVX is a 100% Proof of Stake coin.
It would not be relying on the miners and also the rewards that are coming into the way of Proof of Stake. It would be all depending on the master nodes as to verify transactions. As you would be buying so many of the coins, you would probably be eligible to own a master node.
PIVX is said out to be the true privacy coin. PIVX has been all implemented a protocol named as Zerocoin. It would let the system of block-level chain anonymity.
PIVX is hence considered by the side of the Binance.com that is placed straight into their exchange. This will show some of the effects over the price.

Bitcoin Invest Lending P2P

Bitbond Small Business Loans Review November 2017

Nov 13,2017 / By harishr / No Comment

Right through the use of this Bitbond review, you would be able to borrow the amount of about $25,000, to fund your small business. It is much easy to apply for it. Bitbond is free and usually comes around with no obligation or credit inquiry. Mostly it does happen that Bitbond would be reviewing your application by getting along with the connected business accounts with business such as Amazon or the PayPal. The process will overall assist them to let know about the risk rating terms and conditions.

How Are Bitbond Small Business Loans Unique?

Bitbond business loans are mainly known as the peer to peer, a lender, offering some of the unique ways of taking the funds. These funds would at the end be helping you to increase your business improvement inside the marketplaces. You can get such kind of money by submitting your application through Bitbond. Investors from all over the world will review your application and business profile to understand your business and whether you should be getting a loan or not. Bitbond loans can be in the form of bitcoins, or fiat currencies like the US dollars, euros or Kenyan shillings.

Top bitcoin investment sites to get 20% ROI

What To Know About Bitbond Small Business Loans?

In this Bitbond review we shall discuss how Bitbond has come up with the introduction of the business concepts of funds for the investors and borrowers. Right through this fun process, they can get small business loans that range from $1,000 to $25,000. Repaying conditions of the loan is about from the duration of 6 weeks to 36 months. You can decide whether you want to make use of the money for buying inventory, expand marketing, invest in equipment, hire a staff and much more to go.

Benefits of Bitbond Small business loans

Through the Bitbond P2P lending or small business loans, you would be getting the amount from the investors. You can get the funds from the investors from all over the world.
They are all attached with the fewer and yet the transparent fees. Bitbond does favor making the use of the bitcoin blockchain for the sake of the payment processing. This would be helping you to avoid wire transfer and also the exchange fees. It might result in a lower-than-average fee and interest rates.
You do not need to have any bank accounts. This is the reason that Bitbond does not have any bank account. They do offer the funds to the small businesses even in underserved regions.
It does not involve any credit card checking modes. Loans do not need to be featured with minimum credit score and will not be showing any effect on your credit.

Profitable bitcoin lending for regular income and profit

Important Points To Remember with Bitbond business loans

While taking Bitbond business loans, you need to be alert and conscious. You should be checking one-time origination fee as well. According to the standard, you are supposed to pay the loan amount back along with a 1% to 3% of the total loan amount; that hence slightly lower than fees that are to be paid by competing companies. Bitbond does charge the borrowers with the less origination fee.

It would let the borrowers to get connected with eBay, PayPal, LinkedIn, Twitter and Facebook account to access creditworthiness. Typically the rate does depend on the loan which you have selected and also by the borrower rating. Bitbond performs much of their functions through the middleman. They do not directly provide funds to the borrower. They connect small business owners to funding sources.

Who is Eligible to Get Bitbond Loans?

Bitbond does consider so many factors; to offer the small business loans to their customers. They, first of all, check your business revenues. This would even let them learn that whether you are eligible for the loan or not. You do not have to provide with any audited financial statements or a minimum credit score. You just need to be careful when you are filling the borrower application that takes about 15 minutes to get finish off.

So without any delay, get connected with the Bitbond P2P lending now and get their premium services for small business loans right now!

Get small and medium business loans for less interest

If you liked this blog post, please follow us on Twitter @coins_iq and also make sure to subscribe to our e-newsletter to receive the best and latest information on bitcoin, cryptocurrency, crypto trading and bitcoin investment!

1 2 3

Category : Invest