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Showing posts with the label Cryptocurrency

How I'm making 250% profit with one Cryptocurrency

As we exit the cryptocurrency bear market and start to enter a new bull market I've seen one of my individual holdings profiting by 250% with much more growth projected. And before you guess Bitcoin, it's not Bitcoin. Back in 2018 I started investing in cryptocurrency and I made the mistake of getting caught up in the HODL movement that I forgot to take profit in the 2019 Bull Run. One of the projects that really caught my eye was Digibyte, Digibyte has such a passionate and dedicated community, and they up hold themselves to high standards. The Digibyte coin solves a lot of problems in the current cryptocurrency ecosystem, with a strong focus towards cyber security, and a platform with extremely strong foundations. Since 2018 I have invested a total of $440 across a broad buy range from 1.2 cents to 11.4 cents and the price is only trading at 4.2 cents currently. Pictured a 245% or $1078 profit from Digibyte From my investment of a $440 I'm currently ma...

Could we be in for another Bitcoin bull run in 2020?

A cryptocurrency YouTuber I follow Louis Thomas posted a video titled "We're about to witness another Bitcoin bubble.." and upon watching it I can certainly see it happening based on the charts. The original tweet posted by Twitter user "truenomic" shows two charts examining previous bull runs and bear markets, as compared with the volume, looking at these charts it's clear that we could be starting to approach a new bull run. $BTC : I don't think it makes sense to deny the similarity of these cycles, and that we are at the foot of a new bubble. @woonomic @kenoshaking @ColeGarnerBTC @filbfilb pic.twitter.com/C6orV2If9a — Nik Jaremczuk (@truenomic) October 4, 2019 Pictured above is the chart that was posted in the original tweet, the red rectangles depict bear markets or areas of capitulation, and the yellow rectangles depict the area coming out of a bear market and into a phase of accumulation. In the chart you can see a correlati...

Deeper integration of Ethereum Blockchain by Microsoft Flow

News articles having coming out about Microsoft and Amazon integration of blockchain solutions into thier respective Cloud products for a little while now, however this morning I discovered a new integration by Microsoft which could prove very powerful. For those that don't know Microsoft Flow is a automation platform developed by Microsoft which allows you to automate processes, similar to IFTTT. The new integration with Microsoft Flow will allow the possibility of creating automated workflows that can publish smart contracts, read the state of a smart contract, or trigger a flow when a contract updates. These new features are in preview stage and are available for developers to tinker with if you have access to Microsoft Flow which is typically accessed through an Office 365 subscription, however it is also available on personal Microsoft accounts as well. Check out the new features documented on the Microsoft website at  https://docs.microsoft.com/en-au/connectors/blo...

BREAKING: Two Australian Bitcoin Exchanges Shut Down

This is breaking in Australian cryptocurrency news, AUSTRAC has just shut down to Australian cryptocurrency exchanges in a series of Federal Police raids across Melbourne. The names of the cryptocurrency exchanges are unknown at this time however a 27 year-old associated with the exchanges has been arrested. More than 2 million dollars in assets have also been seized by the Australian Federal Police following a court order. The two cryptocurrency exchanges will not be permitted to operate until further notice. Read the full article at: https://micky.com.au/two-australian-bitcoin-exchanges-shut-down-following-arrest-of-key-executive /

South Australian Government to use Blockchain Technology in Election

An interesting development in government blockchain news, the South Australian government is planning to use blockchain technology to power the next election using Horizon State. Horizon State is a blockchain company based in Melbourne, and their token HST Powers their blockchain voting platform. It's an interesting development considering that the digital transformation agency recently came out again stating that blockchain technology didn't really have a use in government services at this stage due to it's inability to edit or delete records. However for voting it makes perfect sense to use blockchain to verify voters and prevent fraudulent votes and tampering. You can read the full article from Micky at the link below. https://micky.com.au/blockchain-technology-used-by-south-australian-government-to-conduct-election/

Digibyte Launches Mobile Wallets, Previews DigiID, Digibyte Price Expected To Grow

Digibyte has recently launched a mobile wallet which is expected to be have a stable release in the coming months, the app is currently in beta and it's not a good idea to store large amounts of digibyte in the wallet just yet. I was super impressed with the wallets UI and design, with a redesign planned for the future Via a community competition, the winning design will be applied to the digibyte wallet app in time. This week we also saw digibyte release a preview of DigiID on Twitter, DigiID is expected to make signing into websites as simple as scanning a QR code in your mobile wallet app. You can check out the preview here  https://twitter.com/DigiByteCoin/status/984597350730493952?s=19 Did you buy I have also put forward a proposal for the digibyte coin to be used in Venezuela as part of David Hay's project to provide two weeks worth of wages in crypto to 300,000 Venezuelan residents. Check out the proposal here  https://twitter.com/DigiByteCoin/status/985028805222739968?...