Bitcoin Cash started to gain prominence when thousands of Bitcoin owners saw a sudden hype in their wealth due to a simple change – Coinbase started showing balances of Bitcoin cash in peoples’ wallets. These Bitcoin Cash holders had no idea of its technical usability and they also had no idea if using their newfound wealth.

This intrigued them to find out the answers to the questions like What is Bitcoin Cash? How is it different from Bitcoin, and how can you invest in it?

Bitcoin Cash has been an intriguing coin since its launch in the cryptocurrency market and it is still really being widely accepted. This coin is a good investment opportunity to get in on this cryptocurrency – and it could even compete with what investors have been seeing with the original Bitcoin.

To start your journey with Bitcoin Cash, you need a digital wallet. Coinbase could be a good and reliable option for this. Also, you should be fully aware of the risks involved in using Bitcoin Cash. Let’s start our discussion and learn about its investment in detail.

What Is Bitcoin Cash?

Bitcoin Cash is a hard fork released from the Bitcoin blockchain. This split occurred on August 1, 2017. It is very important to know for the new people in Bitcoin Cash investment with an immediate edge that a hard fork is basically a split from the original blockchain. You can understand it with an example from olden times As in ancient times Catholic Church was a central point and there were multiple “hard forks” along the way. The most prominent of them was Protestantism splitting from Catholicism. This is very similar.

The algorithm used by both Bitcoin and Bitcoin Cash is the same but they have different ways of representing it. After splitting off. They both started to use their own protocols.

How Bitcoin Cash Is Different?

Speaking technically, Bitcoin Cash needed even bigger block sizes than Bitcoin. The size of the block increased to 8MB. However, all else is pretty much the same.

The last common block of Bitcoin and Bitcoin Cash was Block 478558. At the time of this split, the owners of Bitcoin (on the blockchain) also received an equal value of Bitcoin Cash. That was shockingly good news for Bitcoin holders. All the holders of Bitcoin at that split received Bitcoin Cash.

It is also the fact that accessing Bitcoin Cash was a hard task especially for non-tech savvy investors until Coinbase made it visible onto its wallet publicly. Bitcoin Cash is not a costly coin rather it’s much cheaper than Bitcoin. 

How To Invest In Bitcoin Cash?

For the people who are planning to invest in Bitcoin Cash, they should remember that Bitcoin Cash is a currency. You cannot use it as a stock or bond. So when you are buying shares of Bitcoin Cash, you are in a way, swapping your currency for Bitcoin Cash currency.

Like we can say that $1 USD is equal to about $4,329 in Bitcoin Cash. Here, the target for Bitcoin Cash is to rise in value, in which case, you could exchange your coins back to dollars.

Now the point is where to do this in a good way? You can not invest in Bitcoin Cash at your stockbroker. You need to have Instead, a digital wallet. You can choose any wallet available on the web allowing you to buy and sell Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, etc.

Another option to invest in Bitcoin Cash is through the eToro platform which is a full-service brokerage offering cryptocurrency investment.

Final Thoughts

Bitcoin Cash is one of the newly introduced cryptocurrencies available to consumers. Although it is a new currency, you should not forget that it originated from Bitcoin which is one of the oldest. It is getting more and more popular due to its easy to access feature, its adoption by world-leading finance companies, and also by famous Hollywood celebrities. The same is the case with the coin Ripple , which is not easy to access, but as that changes, you might see an explosion in popularity.

Investing in Bitcoin Cash is full of risks. You can only earn or If you’re thinking about investing in Bitcoin Cash, remember, there is an incredibly high degree of risk involved. You can make money only when you see that the price is going up.- meaning other people are willing to buy it from you. This isn’t an asset, but more of a gamble on price. 

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Cryptocurrency What the bitcoin cash is and is it worth anything? 03 Aug 2017 by OneStopBrokers Early yesterday morning bitcoins blockchain forked meaning a separate cryptocurrency was created called bitcoin cash. The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates a duplicate version that shares the same history. So all past transactions on bitcoin cashs new blockchain are identical to bitcoin cores blockchain, with future transactions and balances being totally independent from each other. For practical matters, all this really means is that everyone who owned bitcoin before the fork now has an identical amount of bitcoin cash that is recorded in bitcoin cashs forked blockchain. But its not exactly this easy. If you control your own private keys, or hold your bitcoin in an exchange that said it would credit users balances with bitcoin cash, youre fine and can access your newfound cryptocurrency right now. If you held your bitcoin with a provider like Coinbase, which said before the fork they arent planning on distributing bitcoin cash to users or even interacting with the new blockchain at all, then you may be out of luck. To be clear this doesnt mean companies like Coinbase and Gemini are taking your bitcoin cash for themselves. Its just that they think its a distraction and not really going to be worth anything in the long run. If this proves to be false and the coins hold value, these companies will most likely end up distributing them to users. Whats so special about bitcoin cash? If you know anything about cryptocurrencies you know there are a ton of them. Like thousands of them. Some are legitimate and substantially different (arguably better) than bitcoin, and some are pretty much just copycats trying to make a quick buck. Bitcoin cash is just another modified cryptocurrency. But its getting more attention right now for a few reasons: First, it was created as a result of forking bitcoin core, and not created from scratch. But this isnt new other cryptocurrencies have also forked from bitcoin in the past, and are nowhere near as valuable as bitcoin cash currently is. That being said, it does mean that anyone who held bitcoin before yesterday now potentially has access to an equal amount of bitcoin cash, which is giving it a lot of attention, as people are saying its free money. Secondly, its getting attention because the hard fork was timed to coincide with bitcoin core activating a change in its code called BIP 148, which was a highly publicized event in itself. This Bitcoin Improvement Proposal was the result of months of negotiation among major players and activated Segregated Witness, something that will help bitcoin core scale going forward. Is it worth anything? Right now, bitcoin cash is actually worth quite a bit on paper at least. Some are trading it at around a value of $400 per coin, which makes it the fourth-largest cryptocurrency by market cap right now. But heres the thing its currently really hard to sell bitcoin cash. While some exchanges have added the new currency for trading, liquidity is super low, which is why some say the price is being artificially inflated. Because most exchanges arent accepting deposits yet, the only bitcoin cash available to trade is currency that was credited by exchanges after the fork. Users holding bitcoin cash outside of exchanges, or in exchanges that dont support trading, are stuck waiting. So the moral of the story is that theres probably a ton of bitcoin cash waiting to be sold, as soon as people can transfer it. Thats because theres not a whole lot of incentive to keep the coins, especially when people think it is overvalued and want to quickly cash out. And the price has already fallen take a look at the price moment today in USD. Its already down from a high of $680 to around $350 on Bitfinex, one exchange that is offering a market for the new currency. Now this isnt to say its going to be worthless. Just look at Ethereum Classic, a hard fork of Ethereum. After that fork it dropped to about $1 per ETC, but a few months later is now worth around $15 per ETC. Of course, this price pales in comparison to the $220 that regular Ethereum currently trades at. By the way, if youre wondering why exchanges arent accepting deposits of bitcoin cash, its because its nearly impossible to send bitcoin cash over the blockchain right now. This is because the newly forked blockchain hasnt yet adjusted its difficulty, which happens automatically every 2016 blocks. So its taking way too long to mine blocks and confirm transactions. For reference, one block today took 10 hours to mine, compared to the 10 minutes it should. Most exchanges require 6 or 7 block confirmations before they credit a deposit, so you can see how its basically impossible to move around bitcoin cash. Now what? So whats next? The general consensus in the cryptocurrency community is that most people are just going to sell bitcoin cash as soon as they get the chance to which, if happens, will further drive down the price. But theres always a chance that people will flock to this coin and it actually retains or appreciates in value. Essentially, like everything else in crypto, no one knows whats about to happen next. Source: TechCrunch WTF is bitcoin cash and is it worth anything? Leave a Comment Please Login to add a post 99129', { 'providers': ['google','linkedin'], 'callback_uri': (window.location.href + ((window.location.href.split('?')[1] ? 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There is nothing wrong with always leaving room for doubt, and if you are here to provide yourself with more insight into the Bitcoin Trading Industry, then that is totally understandable. Why would someone invest in an industry that would not be worth it in the long run?

With businesses, you must always know its history, how it now works, and any risks that come with it. Learning those would be beneficial in figuring out if the business really is worth your time and money.

How Did Bitcoin Start?

A man who went by the pseudonym “Satoshi Nakamoto” first programmed Bitcoin to provide an easier transaction with sending money across the globe. The goal of Bitcoin was to send and receive money directly from the sender and to the receiver, which means that no third-party is involved in the process.

Proving Bitcoin to be reliable and promising, people have started to use it and have gradually trusted it, as well. It was not long before individuals also realized that Bitcoin provided a good opportunity for businesses, and so, they started to trade their Bitcoins and profited off of it.

In fact, a lot of people had also made Bitcoins their only source of living. Some have become successful in life, while some did not face good results with their investments. Until now, the number of Bitcoin users still continue to increase, and it is expected to continue increasing as long as the industry can still support them.

How Do People Earn in the BTC Industry?

It is either by mining or by trading, both that do not require much legwork to get started with. If you are interested in mining, you have to start searching for GPUs and computers, which will be your only requirement. After signing up for a mining pool and installing a suitable program on your computer, you could immediately start with your work.

Traders, however, only require one functional gadget and a stable internet connection for their job. After that, they are free to purchase cryptocurrencies online and then wait for the perfect opportunity to put the bitcoins up for sale again. If they are not careful with their processes, though, they might earn more losses than gains.

What are the Risks of Trading?

Since the Bitcoin Trading Industry takes place online, it is no surprise that traders face threats of cybercriminal and virus attacks. Such threats could lead to the fall of their investments—their digital money can be stolen with a few clicks, and it would be hard (and at times, impossible) to retrieve what they have earned.

Aside from that, since there are no third-parties involved in the industry, cryptocurrencies have no permanent price. Think of the actual money you have in hand. Let’s say you have one dollar. That dollar in your hand will continue to be one dollar only, even until a decade passes. The opposite goes for bitcoins.

Take into example this situation: You purchase a bitcoin for $20,000. A few seconds may pass, however, and that bitcoin’s price may fall to $6,000. It could be a bummer, but there are techniques that offer advantages to the volatility of a bitcoin’s worth, which is to buy when the prices are low and sell when the prices rise high again.Even though a lot of people are encouraged to join Bitcoin, there are also people who do not see the industry as something worthy of their time and disregard it in the end. For more information you can go through this site Bitcoin Union

Bitcoin Cash is both a cryptocurrency and a payment network that controversially came into existence in August 2017 as a result of a hard fork from Bitcoin’s blockchain. Its cryptocurrency ticker is BCH. 

The fork occurred due to the long-standing disagreement among the Bitcoin community members around how best to increase the block size. One group of miners and developers was in favor of the proposed SegWit2x. This soft fork was due to be implemented to the Bitcoin blockchain in 2017 with an aim to free up the network’s storage capacity to handle more transactions. Those who disagreed were in the BCH fraction, who were concerned about Bitcoin’s ability to scale effectively with the growing number of Bitcoin users. 

This split led to the creation of Bitcoin Cash, at block 478559 of the Bitcoin blockchain. 

The primary impetus for creating Bitcoin Cash was to indirectly increase the transaction time by increasing block size. Bitcoin’s maximum block size is 1MB, and by most technological standards, that’s not a lot of data. Bitcoin Cash increased the block size of its network to 8MB to facilitate transactions quickly.

Additionally, the total amount of data required to be verified in each transaction was reduced to further speed up the process. These changes enabled Bitcoin Cash to process over 116 transactions per second compared to Bitcoin’s seven transactions per second. 

Bitcoin Cash supporters supporters maintained that Bitcoin had failed to scale enough to keep up with Satoshi Nakamoto’s original vision for the cryptocurrency, which was that it would be used as digital cash, as described in his original white paper, “Bitcoin, a Peer-to-Peer Electronic Cash System.”

Similar to Bitcoin, a block of the transaction on the BCH blockchain is confirmed by the miners every 10 minutes. The current reward for each block is 6.25 BCH, which will be halved to 3.125 in April 2024. In addition to block rewards, miners can also earn the transaction fees paid by the users while transferring funds on the network. 

The platform has introduced Replay and Wipeout Protection to protect its user if another fork occurs. These technologies allow two chains to exist at the same time to minimize user disruption. BCH also added a new transaction type to the network with features like prevention of the quadratic hashing issue. 

As a fork of Bitcoin, Bitcoin Cash has the exact same total coin supply as BTC, namely 21 million BCH that will be mined for the next century. 

In 2018, the Bitcoin Cash community split into two groups, once again largely caused by block size. Bitcoin’s first “civil war” was driven by two camps:

Bitcoin ABC (Adjustable Blocksize Cap)- this faction enjoyed the support of Bitmain chief Jihan Wu and “Bitcoin Jesus” Roger Ver, and wanted to retain the BCH block size at 32MB (the block size had been increased to 32MB in 2018), as they believed that the network didn’t scale enough at that point. 

Bitcoin SV (Satoshi’s Vision)- led by the controversial Craig Wright, whose claims that he was Satoshi had been largely debunked, and billionaire businessman Calvin Ayre, BSV wanted to increase BCH’s block size to 128 MB. 

On Nov. 15, 2018 the split took place. With the majority of miners adopting Bitcoin ABC, it was given the BCH ticker by most exchanges, while Wright’s “Faketoshi” defamation lawsuits against crypto industry members caused BSV to be kicked off most exchanges. BTC ABC retained the BCH ticker until the BCHN hard fork. 

On Nov. 17, 2020 Bitcoin Cash went through another fork, splitting the network into two new blockchains, the Bitcoin Cash ABC (BCH ABC) and Bitcoin Cash Node (BCHN). The hard fork came about following a proposal by a team of developers led by Amauri Sechet who wanted to upgrade the BCH network to include a “coinbase rule.” According to this rule, 8% of the BCH in circulation to be redistributed to Bitcoin Cash ABC to finance the protocol development. 

Another community group, known as Bitcoin Cash Node, opposed this rule and wanted to remove the “coinbase rule” from BCH’s network source code. Critics of the rule felt that the financial support is not warranted and were concerned about the increasingly centralization of BCH ABC. BCH maximalist, Roger Ver, also criticized the “Coinbase Rule” and considered it as “a Soviet-style central planner’s dream come true”. 

The disagreement between both the developers led to the emergence of two new cryptocurrencies, with the last common block mined at 661647. Antpool mined the block that split the BCH blockchain, while Binance mined the last common block of the network. 

Since the hard fork, BCHN has been receiving most of the support, with Bitcoin Cash’s price reaching new heights and miners mining more blocks on the network compared to BCH ABC. It was bound to happen, because 80% of miners were signaling support for BCHN before the fork. 

A BCH address is created by a user’s wallet. Although Bitcoin Cash is decentralized, each transaction made by a user via its wallet is stored on a public blockchain which gets updated constantly. These transaction details can be accessed by anyone. BCH users are guaranteed pseudo-anonymity; however, the transactions can be traced using users’ wallet, or in some cases, IP address. 

Those looking to protect their privacy can consider some of the following methods (please adhere to financial regulations and laws in your jurisdiction at all times) : 

Just like ERC-20 tokens are created on the Ethereum network, Simple Ledger Protocol (SLP) tokens are created, traded and managed on the Bitcoin Cash blockchain. The development of SLP tokens is bringing decentralized finance (DeFi) to the BCH network. These tokens are an obvious and natural fit for three applications: 

A crypto wallet is essentially required to store or trade BCH tokens. Three main types of wallets exist today: hardware, software and paper. They can be further categorized as cold or hot wallets, depending on their work. 

Below is a list of the highest-quality Bitcoin Cash wallets: 

The Ledger Nano S and Nano X hardware wallets are the leading cold storage wallets on the market. A Ledger wallet resembles a USB drive that can be connected to a device via USB. Although the device is a hardware wallet, the Ledger team has created a user-interface software called Ledger Live — which anyone can access to see their holdings. This allows users to add new wallets for different assets and manage their portfolios better. 

Trezor is another popular hardware wallet like the Ledger, but it allows users to access third-party exchanges directly on its web interface. It also offers an option to its users to connect their devices via USB and is protected by a code. Trezor comes with a USB Type-C cable so that anyone can connect it with a smartphone. Similar to Ledger, the Trezor wallet features a built-in display that users can look at the transaction details. 

The CoolWallet launched in 2016 as the world’s first Bluetooth mobile hardware wallet. It resembles a smart card and has an embedded e-paper screen.  It has supported each Bitcoin Cash hard fork and offers multiple ways to trade and exchange BCH on decentralized marketplaces like Binance DEX, Changelly, BitPay and UniSwap via their app. 

Electron Cash is a Simplified Payment Verification (SPV) wallet for Bitcoin Cash. It is a fork of Electrum wallet, and is available for Linux, Windows and OS X systems, while an android app also exists for mobile users. The wallet allows users to retain control of their private keys as well as provides an option to back them up with a mnemonic seed phrase. Additionally, Electron Cash supports multisig functionality for an extra layer of security. 

TrustWallet is a very popular software wallet application bought by Binance in 2018 that offers users multi-coin support, including for Bitcoin Cash and TrustWallet Token (TWT). The app also allows users to stake crypto and use decentralized exchanges (DEX) to trade and exchange their assets.

Jaxx is another popular cryptocurrency wallet to store BCH which allows users to control their private keys. The wallet has an intuitive user-interface and presents all the necessary information required to send, receive, and store BCH in a simple manner. Jaxx wallet supports multiple cryptocurrencies and is worth considering for a diverse portfolio. 

Coinomi is a lightweight, multi-coin HD wallet for storing BCH. The wallet allows users to control their private keys from the ease of a smartphone. In addition to a desktop version, Coinomi wallet is available for both Android and iOS users. It supports more than 100 cryptocurrencies and allows users to exchange their coins from within the wallet.

As discussed above, BCH is simply another name for a modified Bitcoin protocol. It doesn’t really have any new features or capabilities, other than a different block size from Bitcoin. Though it’s named Bitcoin Cash, it doesn’t really deal with fiat at all. In addition to its network consensus, BCH operates on the SHA-256 hash function and also has the same amount of total supply of 21 million tokens as Bitcoin. However, it does differ from Bitcoin in a few meaningful ways. 

Bitcoin wants small blocks on its blockchain, whereas BCH wants to use big blocks. The current size of BTC blocks is 1MB, and the current size of BCH blocks is 32 MB. BTC wants to increase scalability off-chain by using layer 2 technologies, while BCH wants to scale on-chain by increasing the size of each block. 

BCH network has a lower average transaction fee than the Bitcoin network ($0.0011 vs. $11.71 as of Feb. 11, 2021). The low fees are attributed to the larger blocks of the BCH blockchain. 

BCH has a higher transaction speed, thanks to its block height. The BCH network can facilitate 116 transactions per second compared to Bitcoin’s seven transactions per second. 

BTC is clearly a popular choice among all the cryptocurrencies in terms of adoption. The long history of Bitcoin is certainly a helping factor. BTC has been around for 10 years, while BCH has only been around for about three years. 

The hashrate of a network represents the computing power used by miners to validate transactions. More the hash rate, the better the security! As of writing, there is a 50x difference between the hash rates of BTC and BCH. This means Bitcoin Cash is more susceptible to attacks compared to Bitcoin as its hash power is easier to acquire. 

In November 2018, BCH experienced a hard fork of its blockchain, resulting in the emergence of a new coin called Bitcoin SV (BSV), which stands for Bitcoin Satoshi’s Vision. This version was led by Craig Wright, who aims to keep it close to the original version of Bitcoin as he understands it. There isn't a major difference between Bitcoin Cash and Bitcoin SV, except the block size. 

Bitcoin Cash increased its block size initially to 8 MB, then later to 32 MB. On the other hand, Bitcoin SV increased its block size limit from 32 MB to a whopping 128 MB. 

Both Bitcoin Cash and Bitcoin SV follow a similar consensus model to mine blocks, which means that neither has an advantage when it comes to speed. 

With a median fee of $.00011, Bitcoin Cash is costlier than Bitcoin SV, which has a median fee of $.0002 (as of Feb. 11, 2021). 

A fully confirmed transaction on an average on both BCH and Litecoin is about the same, i.e. 30 minutes. However, the number of confirmations required by a merchant/exchange to process a transaction significantly affects the transaction speed. 

The transaction fees on the BCH network have been consistent to date. Litecoin network, on the other hand, has a transaction fee that has been constantly dropping for the past few years. 

Over the last few years, BCH’s hashrate has been consistent while Litecoin’s hashrate has been constantly decreasing. This indicates that miners are leaving the Litecoin network, making it susceptible to “51%” attacks. 

Bitcoin Cash is meant to be a secure form of payment, whereas Ethereum is a platform for both payments and decentralized applications. BCH network has only one use-case: to be a peer-to-peer payment system. Ethereum, on the other hand, offers a wide range of flexibility to its users thanks to its smart contract functionality.

BCH fees have always been lower than those of Ethereum. However, lately, Ethereum transaction fees have increased dramatically. The reason could be the growing usage of the Ethereum blockchain in creating decentralized platforms. 

At the time of the hard fork, everyone who owned Bitcoin was awarded Bitcoin Cash. People who missed the launch can still claim their BCH reward — even three year later. There are two methods to claim depending upon the wallet of a user: 

If you weren’t holding any BTC at the time of the hard fork, you can still buy BCH.

After getting a wallet, you’ll need your BCH address, which is a long string of numbers and letters. You’ll need to enter this address during your purchase. This leads us to the next step of finding an exchange where you can buy BCH tokens.

I. Find a BCH Exchange 

Whether you want to purchase, trade, or hold BCH cryptocurrency, the following exchanges are the best:

Coinbase is a fully regulated and licensed exchange that allows users from over 40 countries in the world to buy and sell Bitcoin Cash with several payment methods. In addition to high security, Coinbase offers insured custodial wallets to traders and investors to store their BCH investments. 

Fees: $0.99 to $2.99 

Though the exchange is just three years old, Binance has become a popular name in the crypto trading system. Users around the world can buy BCH tokens with bank transfers and credit cards. The exchange uses two-factor authentication as well as CryptoCurrency Security Standard (CCSS) to provide optimum security to its users. 

Fees: 0.5% buy/sell fee; 0.1% spot trading fee.

Kraken is a crypto spot exchange that offers BCH tokens in addition to future contracts and marginal trading. The exchange allows you a minimum order of 0.025 BCH to help gain exposure to multiple assets. You can also execute large buy orders if needed. You can fund your Kraken account using SWIFT, SEPA and domestic wire transfers. 

Fees: 0.16% maker fee; 0.26% taker fee.

Coinmama allows you to buy BCH tokens with your credit card, through Apple Pay, as well as by wire transfer. The company supplies brokerage service for Bitcoin Cash, meaning it will sell you the tokens directly as opposed to trading platforms.

Fees: 5.9% brokerage service fees + 5% credit card processing fees

CEX.io exchange is both a trading platform and a brokerage service which accepts credit/debit card, wire transfers and SEPA (for EU customers) or ACH (for US residents). The platform is registered with FINCEN and applies standard AML and KYC policies to verify your identity before selling BCH tokens.

Fees: The charges vary as per the service used by you to buy/trade BCH. 

Once you’ve bought BCH tokens, it is recommended you transfer them to a wallet by adding your wallet’s address while buying. 

Remember to always do your own research before buying cryptocurrencies!

Beyond the U.S. election, a potential coronavirus vaccine, Bitcoin's resilience, and its recent leap in hash power (up 42% in two days), a lot of the talk in the crypto community is surrounding the upcoming Bitcoin Cash hard fork. The fork will be contentious with neither side in agreement and it's highly likely that two chains will emerge. So, what will this mean for the most famous Bitcoin fork and will it affect its longevity moving forward? Let's take a look. In any development project, there are always differences of opinion over which features are the most important, what upgrades are needed, whose opinions should be taken into account, and how to continuously and sustainably fund the project. All these challenges are par for the course and all cryptocurrency projects face them every day, implementing different solutions that best suit the needs of their projects and communities. With the growing protagonism of governance tokens, we're seeing more and more blockchains trend away from hard forks and put the decisions about development direction directly in the hands of community members who accumulate voting rights and reach an agreement on proposals. However, when it comes to Bitcoin Cash, no such mechanisms exist and, if the developers cannot reach an agreement, the only option is to stage a hard fork. With a hard fork over block size already occurring exactly two years ago, that saw the emergence of Bitcoin SV, Bitcoin Cash is becoming notorious for being unable to settle its disputes. The upcoming hard fork on November 15 will take place between developers in disagreement over the funding of Bitcoin Cash. On the one side, you have a group of developers, proponents of Bitcoin ABC, who are proposing an upgrade to the network that would, among other things, redirect 8% of mining rewards to the development team. This may seem like a plausible way of funding the development of this popular altcoin, after all, popular coins like Zcash have had a similar system in place for years; but it's been met with more than a little opposition. Most notably, Roger Ver, heading up the opposite faction for BCHN, is against the miner tax, believing it to clash with Bitcoin Cash's decentralized ethos and likening it to a "Soviet-style central planner’s dream come true," on Twitter. BCHN is also planning to make some changes but in the form of an algorithm and uncontroversial upgrade that will end variations in Bitcoin Cash's difficulty and hash rate and ensure a fairer profit share between steady Bitcoin Cash miners and ones that mine across different networks. It also has security measures against Replay attacks baked in. At the current moment, more than 80% of miners are signaling support for BCHN by adding messages to newly mined blocks, such as "Powered by BCHN." Just 0.3% of miners are currently supporting Bitcoin ABC's proposal, which means it looks very likely that BCHN will emerge as the dominant chain. If this happens, exchanges will agree to assign the Bitcoin Cash name and BCH ticker to the chain with the most hashing power and highest price. You can read the details of OKEx's policy toward the Bitcoin Cash hard fork here. Bitcoin Cash hasn't exactly put in a stellar performance when compared with Bitcoin in 2020. In fact, at a time when Bitcoin is gaining momentum and posting YTD gains of 115%, Bitcoin Cash is trading at record lows against BTC, even lower than in 2018. And while other altcoins like Ethereum and up-and-coming DeFi protocols and tokens have seen outstanding results and registered record gains, Bitcoin Cash seems to be sliding in popularity. Yet another contentious hard fork may rattle Bitcoin Cash investors and hurt the coin's prospects for the long term. As we can see from the declining price and hash rate, this certainly appears to be affecting the altcoin right now. However, the key to longevity lies in iteration and coins must seek to improve and upgrade as they evolve. It could also be that the hard fork serves to finally resolve the miner tax issue that's been dogging the BCH community for too long, repairing developer differences, and shoring up the network, making it more robust, secure, and less susceptible to attacks. In short, it could be good for Bitcoin Cash in the long term. Either way, just like the rest of the crypto community, OKEx will be watching with interest as the latest drama unfolds. This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. The pioneer digital currency hit a new multi-year high at $16,491 and settled above the critical resistance of $16,000. At the time of writing, BTC/USD is changing hands at $16,350. 

XRP price – XRP price – XRP price – Bitcoin: what precisely is the stock-to-flow mannequin? | Fintech Zoom | Fintech Zoom

XRP price – XRP price – Bitcoin: what precisely is the stock-to-flow mannequin? | Fintech Zoom

More and extra teams of traders are keen on Bitcoin. The newest worth rally has confirmed this curiosity. Compared to the value a yr in the past, the crypto asset has elevated greater than nine-fold. It has nearly doubled because the starting of the yr.

While Bitcoin homeowners get pleasure from these programs, worth traders and different traders are nonetheless struggling to guage Bitcoin and different cryptocurrencies. Opinions have been divided on an applicable valuation methodology for Bitcoin for a very long time. The crypto asset generates neither curiosity nor money stream, which is why a mannequin, quantitative evaluation is troublesome. The so-called stock-to-flow mannequin is meant to treatment this.

There at the moment are quite a few valuation approaches. Probably probably the most outstanding try was made by a Twitter consumer utilizing the pseudonym PlanB launched. His mannequin is predicated on the so-called stock-to-flow determine. This guideline worth measures the connection between the prevailing provide of any uncooked materials – gold, silver, platinum, oil and even Bitcoin – to its annual new creation or manufacturing.

In this sense, the stock-to-flow ratio is initially an financial idea. This was utilized by PlanB to mannequin the Bitcoin worth so as to have the ability to make statements about future worth developments. After preliminary criticism, the pseudonymous monetary analyst duplicated and printed an tailored model of his stock-to-flow mannequin. With “price predictions” of as much as $ 288,000 by the top of 2024, he made music within the ears of Bitcoiners.

But even his changes didn’t persuade critics. These insisted on the flawedness and incoherence of his mannequin. Others believed that with their very own revisions they’d made the mannequin extra coherent and due to this fact extra convincing. The debate in regards to the usefulness of making use of the stock-to-flow mannequin to Bitcoin due to this fact stays fiercely contested.

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Which statements can really be derived from the stock-to-flow ratio? The economics of financial concept, the place the stock-to-flow situation has its origin, is sort of clear on this regard: the ratio measures the “hardness” and thus the suitability of a factor as cash. Because cash is by definition probably the most salable good and due to this fact has the best exchangeability.

In financial phrases, that is expressed in the truth that cash has the least reducing marginal utility in comparison with different items. So you’re blissful about each extra unit of cash, whereas in some unspecified time in the future you’ll really feel saturation with different items. The cause for that is exactly the excessive marketability of cash, which is universally exchangeable for all different items.

The extra salable and thus exchangeable a factor, the extra worthwhile it’s to maintain it. This exhibits the tautology of cash: is hoarded as a result of it’s simply exchangeable and it’s merely exchangeable as a result of it’s straightforward to hoard. There are outstanding makes an attempt in financial concept to resolve this round argument. Ultimately, it’s at all times paradoxical market processes that resolve these contradictions in follow, in that trigger and impact are sometimes unclear, however however gas one another.

The potential to hoard cash is thus expressed in a excessive stock-to-flow ratio, as giant quantities of it are hoarded and comparatively few new models come into circulation. The “perfect” cash additionally exhibits rising marginal prices in manufacturing. That means: the extra you need to produce, the extra pricey the extra manufacturing turns into. This truth is also known as shortage.

A excessive stock-to-flow ratio will be translated into on a regular basis language as follows: On the premise of a excessive inventory, i.e. stock, it may be assumed that each one models of a very good which have ever been created are doubtlessly nonetheless obtainable someplace. That is as a result of the great can in all probability not be consumed or consumed, however any inventory is a possible provide (see gold). At the identical time, the stream can solely be expanded with issue as a result of rising marginal prices in manufacturing.

Based on this, one can conclude that items with a excessive stock-to-flow ratio are solely comparatively scarce. There is definitely no such factor as an absolute shortage. Because shortage is because of the relationship between provide and demand certainly. The provide or gross sales quantity, in flip, outcomes from new manufacturing (stream) and present shares (inventory). If shortage prevails, provide and demand aren’t in “equilibrium”. What is supposed is that the inventory of the mentioned good is closely hoarded and never provided available on the market. Because the stream element is troublesome to affect, it’s hardly doable so as to add extra stream to the market by creating new ones to compensate for the “scarcity”. This expresses the hardness of a very good with a excessive stock-to-flow ratio.

A excessive stock-to-flow ratio is a needed however not a adequate situation for cash. A excessive stock-to-flow ratio can also be a required attribute for a very good to function arduous cash. At the identical time, the important thing determine doesn’t say something about how the market members price the mentioned good.

But what does this need to do with Bitcoin? Bitcoin’s excessive stock-to-flow ratio is a sign of its hardness as cash. Due to its excessive diploma of divisibility, uniformity, sturdiness, portability and “scarcity”, the crypto asset additionally has these properties that make it appropriate cash. It is these details that at the moment make folks uncover Bitcoin as financial.

This discovery course of is way from over. The extra folks uncover Bitcoin for themselves as a financial various, the upper the value is prone to rise. However, the truth that the stock-to-flow mannequin, in no matter model, can appropriately predict future worth growth primarily based on previous knowledge factors is excluded by definition. Past outcomes can by no means be transformed into future revenue with absolute certainty.

Ultimately, that’s in all probability not the intention behind such fashions. Rather, they serve to provide traders (hopeful) indications. It may also be assumed that the mannequin is confirmed right here and there within the sense of a self-fulfilling prophecy, because the previous correlation exhibits.

The following ought to be thrilling to look at: In cash concept, a excessive stock-to-flow ratio ought to regularly translate into low volatility. Due to excessive shares, the chance is increased ceteris paribus that unfavourable provide shocks or optimistic demand shocks will be compensated within the worth. Potential provide within the type of shares can go away the hoard at any time and have a stabilizing impact on the value.

Examples and counterexample deliver Oil and gold. The stock-to-flow ratio of crude oil may be very low, therefore the big worth fluctuations in terms of distortions on the availability facet. In the case of gold, then again, the excessive stock-to-flow ratio has a price-dampening impact. For Bitcoin, this might imply in concrete phrases: Once its monetization part, which follows an S-shaped curve, is “completed”, the Bitcoin worth also needs to turn out to be much less risky because of the steadily rising stock-to-flow ratio.

Does Bitcoin’s excessive stock-to-flow ratio prophesy worth stability in the long run? In any case, an accurate interpretation of financial concept and its ideas would recommend that.

XRP price – XRP price – XRP price – Bitcoin: what precisely is the stock-to-flow mannequin? | Fintech Zoom | Fintech Zoom Tags: XRP price

XRP price – XRP price – Bitcoin: what precisely is the stock-to-flow mannequin? | Fintech Zoom

More and extra teams of traders are keen on Bitcoin. The newest worth rally has confirmed this curiosity. Compared to the value a yr in the past, the crypto asset has elevated greater than nine-fold. It has nearly doubled because the starting of the yr.

While Bitcoin homeowners get pleasure from these programs, worth traders and different traders are nonetheless struggling to guage Bitcoin and different cryptocurrencies. Opinions have been divided on an applicable valuation methodology for Bitcoin for a very long time. The crypto asset generates neither curiosity nor money stream, which is why a mannequin, quantitative evaluation is troublesome. The so-called stock-to-flow mannequin is meant to treatment this.

There at the moment are quite a few valuation approaches. Probably probably the most outstanding try was made by a Twitter consumer utilizing the pseudonym PlanB launched. His mannequin is predicated on the so-called stock-to-flow determine. This guideline worth measures the connection between the prevailing provide of any uncooked materials – gold, silver, platinum, oil and even Bitcoin – to its annual new creation or manufacturing.

In this sense, the stock-to-flow ratio is initially an financial idea. This was utilized by PlanB to mannequin the Bitcoin worth so as to have the ability to make statements about future worth developments. After preliminary criticism, the pseudonymous monetary analyst duplicated and printed an tailored model of his stock-to-flow mannequin. With “price predictions” of as much as $ 288,000 by the top of 2024, he made music within the ears of Bitcoiners.

But even his changes didn’t persuade critics. These insisted on the flawedness and incoherence of his mannequin. Others believed that with their very own revisions they’d made the mannequin extra coherent and due to this fact extra convincing. The debate in regards to the usefulness of making use of the stock-to-flow mannequin to Bitcoin due to this fact stays fiercely contested.

Guide: Buy Ripple (XRP) – defined rapidly and simply

You need to put money into Ripple however don’t know the way? We will assist you select probably the most appropriate supplier for you and clarify what to look out for!

To the information >>

Which statements can really be derived from the stock-to-flow ratio? The economics of financial concept, the place the stock-to-flow situation has its origin, is sort of clear on this regard: the ratio measures the “hardness” and thus the suitability of a factor as cash. Because cash is by definition probably the most salable good and due to this fact has the best exchangeability.

In financial phrases, that is expressed in the truth that cash has the least reducing marginal utility in comparison with different items. So you’re blissful about each extra unit of cash, whereas in some unspecified time in the future you’ll really feel saturation with different items. The cause for that is exactly the excessive marketability of cash, which is universally exchangeable for all different items.

The extra salable and thus exchangeable a factor, the extra worthwhile it’s to maintain it. This exhibits the tautology of cash: is hoarded as a result of it’s simply exchangeable and it’s merely exchangeable as a result of it’s straightforward to hoard. There are outstanding makes an attempt in financial concept to resolve this round argument. Ultimately, it’s at all times paradoxical market processes that resolve these contradictions in follow, in that trigger and impact are sometimes unclear, however however gas one another.

The potential to hoard cash is thus expressed in a excessive stock-to-flow ratio, as giant quantities of it are hoarded and comparatively few new models come into circulation. The “perfect” cash additionally exhibits rising marginal prices in manufacturing. That means: the extra you need to produce, the extra pricey the extra manufacturing turns into. This truth is also known as shortage.

A excessive stock-to-flow ratio will be translated into on a regular basis language as follows: On the premise of a excessive inventory, i.e. stock, it may be assumed that each one models of a very good which have ever been created are doubtlessly nonetheless obtainable someplace. That is as a result of the great can in all probability not be consumed or consumed, however any inventory is a possible provide (see gold). At the identical time, the stream can solely be expanded with issue as a result of rising marginal prices in manufacturing.

Based on this, one can conclude that items with a excessive stock-to-flow ratio are solely comparatively scarce. There is definitely no such factor as an absolute shortage. Because shortage is because of the relationship between provide and demand certainly. The provide or gross sales quantity, in flip, outcomes from new manufacturing (stream) and present shares (inventory). If shortage prevails, provide and demand aren’t in “equilibrium”. What is supposed is that the inventory of the mentioned good is closely hoarded and never provided available on the market. Because the stream element is troublesome to affect, it’s hardly doable so as to add extra stream to the market by creating new ones to compensate for the “scarcity”. This expresses the hardness of a very good with a excessive stock-to-flow ratio.

A excessive stock-to-flow ratio is a needed however not a adequate situation for cash. A excessive stock-to-flow ratio can also be a required attribute for a very good to function arduous cash. At the identical time, the important thing determine doesn’t say something about how the market members price the mentioned good.

But what does this need to do with Bitcoin? Bitcoin’s excessive stock-to-flow ratio is a sign of its hardness as cash. Due to its excessive diploma of divisibility, uniformity, sturdiness, portability and “scarcity”, the crypto asset additionally has these properties that make it appropriate cash. It is these details that at the moment make folks uncover Bitcoin as financial.

This discovery course of is way from over. The extra folks uncover Bitcoin for themselves as a financial various, the upper the value is prone to rise. However, the truth that the stock-to-flow mannequin, in no matter model, can appropriately predict future worth growth primarily based on previous knowledge factors is excluded by definition. Past outcomes can by no means be transformed into future revenue with absolute certainty.

Ultimately, that’s in all probability not the intention behind such fashions. Rather, they serve to provide traders (hopeful) indications. It may also be assumed that the mannequin is confirmed right here and there within the sense of a self-fulfilling prophecy, because the previous correlation exhibits.

The following ought to be thrilling to look at: In cash concept, a excessive stock-to-flow ratio ought to regularly translate into low volatility. Due to excessive shares, the chance is increased ceteris paribus that unfavourable provide shocks or optimistic demand shocks will be compensated within the worth. Potential provide within the type of shares can go away the hoard at any time and have a stabilizing impact on the value.

Examples and counterexample deliver Oil and gold. The stock-to-flow ratio of crude oil may be very low, therefore the big worth fluctuations in terms of distortions on the availability facet. In the case of gold, then again, the excessive stock-to-flow ratio has a price-dampening impact. For Bitcoin, this might imply in concrete phrases: Once its monetization part, which follows an S-shaped curve, is “completed”, the Bitcoin worth also needs to turn out to be much less risky because of the steadily rising stock-to-flow ratio.

Does Bitcoin’s excessive stock-to-flow ratio prophesy worth stability in the long run? In any case, an accurate interpretation of financial concept and its ideas would recommend that.

XRP price – XRP price – Bitcoin: what precisely is the stock-to-flow mannequin? | Fintech Zoom Tags: XRP price

XRP price – Bitcoin: what precisely is the stock-to-flow mannequin?

More and extra teams of traders are keen on Bitcoin. The newest worth rally has confirmed this curiosity. Compared to the value a yr in the past, the crypto asset has elevated greater than nine-fold. It has nearly doubled because the starting of the yr.

While Bitcoin homeowners get pleasure from these programs, worth traders and different traders are nonetheless struggling to guage Bitcoin and different cryptocurrencies. Opinions have been divided on an applicable valuation methodology for Bitcoin for a very long time. The crypto asset generates neither curiosity nor money stream, which is why a mannequin, quantitative evaluation is troublesome. The so-called stock-to-flow mannequin is meant to treatment this.

There at the moment are quite a few valuation approaches. Probably probably the most outstanding try was made by a Twitter consumer utilizing the pseudonym PlanB launched. His mannequin is predicated on the so-called stock-to-flow determine. This guideline worth measures the connection between the prevailing provide of any uncooked materials – gold, silver, platinum, oil and even Bitcoin – to its annual new creation or manufacturing.

In this sense, the stock-to-flow ratio is initially an financial idea. This was utilized by PlanB to mannequin the Bitcoin worth so as to have the ability to make statements about future worth developments. After preliminary criticism, the pseudonymous monetary analyst duplicated and printed an tailored model of his stock-to-flow mannequin. With “price predictions” of as much as $ 288,000 by the top of 2024, he made music within the ears of Bitcoiners.

But even his changes didn’t persuade critics. These insisted on the flawedness and incoherence of his mannequin. Others believed that with their very own revisions they’d made the mannequin extra coherent and due to this fact extra convincing. The debate in regards to the usefulness of making use of the stock-to-flow mannequin to Bitcoin due to this fact stays fiercely contested.

Guide: Buy Ripple (XRP) – defined rapidly and simply

You need to put money into Ripple however don’t know the way? We will assist you select probably the most appropriate supplier for you and clarify what to look out for!

To the information >>

Which statements can really be derived from the stock-to-flow ratio? The economics of financial concept, the place the stock-to-flow situation has its origin, is sort of clear on this regard: the ratio measures the “hardness” and thus the suitability of a factor as cash. Because cash is by definition probably the most salable good and due to this fact has the best exchangeability.

In financial phrases, that is expressed in the truth that cash has the least reducing marginal utility in comparison with different items. So you’re blissful about each extra unit of cash, whereas in some unspecified time in the future you’ll really feel saturation with different items. The cause for that is exactly the excessive marketability of cash, which is universally exchangeable for all different items.

The extra salable and thus exchangeable a factor, the extra worthwhile it’s to maintain it. This exhibits the tautology of cash: is hoarded as a result of it’s simply exchangeable and it’s merely exchangeable as a result of it’s straightforward to hoard. There are outstanding makes an attempt in financial concept to resolve this round argument. Ultimately, it’s at all times paradoxical market processes that resolve these contradictions in follow, in that trigger and impact are sometimes unclear, however however gas one another.

The potential to hoard cash is thus expressed in a excessive stock-to-flow ratio, as giant quantities of it are hoarded and comparatively few new models come into circulation. The “perfect” cash additionally exhibits rising marginal prices in manufacturing. That means: the extra you need to produce, the extra pricey the extra manufacturing turns into. This truth is also known as shortage.

A excessive stock-to-flow ratio will be translated into on a regular basis language as follows: On the premise of a excessive inventory, i.e. stock, it may be assumed that each one models of a very good which have ever been created are doubtlessly nonetheless obtainable someplace. That is as a result of the great can in all probability not be consumed or consumed, however any inventory is a possible provide (see gold). At the identical time, the stream can solely be expanded with issue as a result of rising marginal prices in manufacturing.

Based on this, one can conclude that items with a excessive stock-to-flow ratio are solely comparatively scarce. There is definitely no such factor as an absolute shortage. Because shortage is because of the relationship between provide and demand certainly. The provide or gross sales quantity, in flip, outcomes from new manufacturing (stream) and present shares (inventory). If shortage prevails, provide and demand aren’t in “equilibrium”. What is supposed is that the inventory of the mentioned good is closely hoarded and never provided available on the market. Because the stream element is troublesome to affect, it’s hardly doable so as to add extra stream to the market by creating new ones to compensate for the “scarcity”. This expresses the hardness of a very good with a excessive stock-to-flow ratio.

A excessive stock-to-flow ratio is a needed however not a adequate situation for cash. A excessive stock-to-flow ratio can also be a required attribute for a very good to function arduous cash. At the identical time, the important thing determine doesn’t say something about how the market members price the mentioned good.

But what does this need to do with Bitcoin? Bitcoin’s excessive stock-to-flow ratio is a sign of its hardness as cash. Due to its excessive diploma of divisibility, uniformity, sturdiness, portability and “scarcity”, the crypto asset additionally has these properties that make it appropriate cash. It is these details that at the moment make folks uncover Bitcoin as financial.

This discovery course of is way from over. The extra folks uncover Bitcoin for themselves as a financial various, the upper the value is prone to rise. However, the truth that the stock-to-flow mannequin, in no matter model, can appropriately predict future worth growth primarily based on previous knowledge factors is excluded by definition. Past outcomes can by no means be transformed into future revenue with absolute certainty.

Ultimately, that’s in all probability not the intention behind such fashions. Rather, they serve to provide traders (hopeful) indications. It may also be assumed that the mannequin is confirmed right here and there within the sense of a self-fulfilling prophecy, because the previous correlation exhibits.

The following ought to be thrilling to look at: In cash concept, a excessive stock-to-flow ratio ought to regularly translate into low volatility. Due to excessive shares, the chance is increased ceteris paribus that unfavourable provide shocks or optimistic demand shocks will be compensated within the worth. Potential provide within the type of shares can go away the hoard at any time and have a stabilizing impact on the value.

Examples and counterexample deliver Oil and gold. The stock-to-flow ratio of crude oil may be very low, therefore the big worth fluctuations in terms of distortions on the availability facet. In the case of gold, then again, the excessive stock-to-flow ratio has a price-dampening impact. For Bitcoin, this might imply in concrete phrases: Once its monetization part, which follows an S-shaped curve, is “completed”, the Bitcoin worth also needs to turn out to be much less risky because of the steadily rising stock-to-flow ratio.

Does Bitcoin’s excessive stock-to-flow ratio prophesy worth stability in the long run? In any case, an accurate interpretation of financial concept and its ideas would recommend that.

XRP price – Bitcoin: what precisely is the stock-to-flow mannequin? Tags: XRP price

Many people are aware of Bitcoin and Cash cryptocurrencies. They are trading and earning massive amounts of money through these digital currencies. Everyone knows that Bitcoin was initially known and popular virtual currency, introduced by Satoshi Nakamoto in 2008.

Many people get confused between Bitcoin and Cash. These terms sound the same but are different in terms of everything. The Cash is the update of the BTC with additional changes. It is not only virtual currency but also has its blockchain. The BTC transaction is relatively secure and fast.

The price is increasing day by day, and many people cannot afford to invest in it. On the other hand, BCH is available with slight modifications, and people can afford it. Visit  bmmagazine.co.uk  to know some differences between these two cryptocurrencies that sounds similar.

In the following write-up, we will discuss more Bitcoin and Bitcoin Cash, including their differences. It is crucial to determine the comparison to invest in a better commodity and earn a massive amount in the future. Let us discuss how these cryptocurrencies are helpful for your investment.

Let us compare these two digital currencies by knowing their massive differences:

No cryptocurrency can beat Bitcoin in terms of price. With time, the BTC price is rising. According to the records, the price is increasing more than 120 million percent. After 2010, the economy of the world went into a significant recession. At that time, the value increased, and people invested their assets.

The financing world is changing a lot after the invention of this digital currency. On the other hand, BCH is stagnant, and there is no such increase in the price. The existence is not much sturdy like Bitcoin. There is a total increase of almost 65% from its time of invention.

But many people are showing their interest in the investment. If you are a beginner and cannot afford much on virtual currencies, it is the best option for making any small investment.

Again, BTC is the winner if we talk about the hash rate. It defines the mining power, and hence, the network of Bitcoin is quite powerful than the Cash one. Many miners are dealing with a crypto asset to safeguard their network, as well as validate all the transactions.

If we compare these two virtual currencies in terms of exhalates, then BTC is 100 and BCH is 2. Whenever you think about investing your money between these two, ensure that you consider their hash rate. It is a significant thing that one must consider before any money investment.

People across the globe are dealing with different cryptocurrencies, and everyone has adopted Bitcoin. If an investor knows how to invest and achieve profit, then he can earn a massive income. It is crucial to determine the correct method and the right way of implementation.

In the end, the investor can get a sum in return. If you check the daily transactions, you can observe that people worldwide have faith in it, and they are investing too. In case of adoption, BTC is beating BCH.

People do not rely much on BCH, and hence, they are not getting enough profits. The transaction cost is relatively minimum in Bitcoin. It is one of the biggest reasons for investing and exchanging currency in it.

If we compare the speed of the transaction in both cryptocurrencies, then BTC is faster than BCH. High transaction speed is the massive reason for many people to adopt it. The blocks are placed in a queue, and all the transactions take place in an order.

If you want to prioritize the blocks, then you have to pay extra money. If you pay more, the exchange will be done quickly. On the other hand, BCH can carry more transactions in blocks. The cost of the transaction is comparatively less than BTC.

Therefore, many people prefer investing in it. Many individuals think it is hard to meet their requirements if they use BTC for millions of transactions. It is a significant factor where the Cash is leading Bitcoin.

In Bitcoin, the block size is small, and in Cash, the size is large. According to different sizes, it can hold a different number of transactions. With the advancement in technology, both cryptocurrencies need to scale up.

They want to increase their block size and utilize more technologies for increasing efficiency. If we talk about the size of the block of BTC, then it is one megabyte. It can hold millions of transactions at the same time.

Whenever any user asks for the exchange, his request gets attached in the queue. All the miners require high computing power to solve complicated algorithms and equations of these cryptocurrencies. The block size matters a lot when you are deciding to make any investment.

It is crucial to get enough knowledge about the block to know how various methods take place. The size of the block plays a vital role in dealing with transactions efficiently.

Comparing Bitcoin and Bitcoin Cash is quite crucial before making any investment. If you are planning to buy any asset, you must know whether it is profitable for you or not. Many people are aware of various cryptocurrencies, but some differences make them decide to invest differently.

Undoubtedly, no digital currency can beat BTC, but BCH is the similar one with variant functionalities. It is crucial to understand their common differences for deciding on the investment. Go through complete details to make a wise decision. If you want to make frequent transactions at a low price, you must decide which one is better.

Every person has different requirements, and you can choose any digital currency that fulfills your needs. Make the right choice to get massive profits in your future. Initially, if you make the right decisions, then only you will have a better future.

When it comes to cryptocurrency, everyone has a different opinion about it. While some people think cryptocurrency is the future of finance and will leave banks obsolete, others think that it is just a timely thing that will eventually lose its value.

Bitcoin is the first and the biggest cryptocurrency out there. When it started back in 2009, Bitcoin was worth only a few cents, but as of today, one bitcoin is worth more than $45,000 and is constantly on the rise. While some people still don’t want to believe that cryptocurrency is here to stay, the numbers suggest otherwise. People who were sleeping on it have started to wake up, and the $1 trillion market cap of bitcoin is clear proof of that.

If you were ahead of the curve and bought the bitcoin for cheap a few months back, then you made an excellent move. Bitcoin has skyrocketed since the June of 2020 and is still looking bullish. However, if you think you entered the trade at a low price and want to unload your bitcoins, then you have stumbled on the right blog. In this article, a few ways to sell bitcoin in a safe and secure way are emntioned. Let’s take a look:

What’s the Selling Process for Bitcoin?

Selling bitcoin is actually easier than what a lot of people think. As long as you hold your bitcoin in a secure wallet, you will be able to sell it without any hurdles.

The most popular way of selling bitcoin is to do it via a cryptocurrency exchange. There are plenty of cryptocurrency exchanges out there, and you can use any of them to sell your bitcoin in a secure way. Some of the most trusted cryptocurrency exchanges include:

(The above cryptocurrency are ranked by 24hr trading volume)

If you want to be in Australia, you don’t necessarily have to turn to exchanges as you can sell bitcoin easily by browsing over to the highlighted text.

However, if you want to sell it through cryptocurrency exchanges, you can sell it in the following ways:

Credit Card Payment

The most convenient way of selling your bitcoin is to do it through your credit card. With the rise in cryptocurrency adoption, exchanges have started to accept credit cards for bitcoin transactions. You can instantly sell bitcoin with your credit card and use it for any kind of transaction you like or transfer it into your bank account.

Exchanges like Cex.io and Binance allow you to sell your bitcoin directly via Mastercard.

PayPal Payment

We all love PayPal because it makes internet shopping easier for us, but when it comes to bitcoins, PayPal still hasn’t accepted it completely. PayPal doesn’t accept bitcoin directly because they cannot offer their customers any security on digital currencies.

However, there are still ways in which you can sell your bitcoin and get money in your PayPal account. 

You can do this by signing up on Coinbase and selling your bitcoin there. Once you have sold your bitcoin on the exchange, you will be able to convert it into money that you can receive on PayPal. You must keep in mind that this method only works for selling bitcoin, not buying it, and is only available in Europe, UK, and the US.

Selling Bitcoin for Cash

If you want to sell bitcoin for cash, then you can do that by the following two methods:

Bitcoin ATMs

Yes, you heard it right; Bitcoin ATMs are a thing now. You won’t be able to withdraw all your bitcoins through these ATMs as they have a limit, but it’s a great way of converting your bitcoin into cash.

However, for this method, you will have to find a Bitcoin ATM first, and they aren’t very common

P2P Transfer

P2P transfer technically transfers the amount in your bank account, but you can withdraw cash from any ATM as soon as it has been transferred into your account. 

For P2P trading, you can use an exchange like Binance or Paxful as escrow and can sell your bitcoins safely. You can initiate a trade on the exchange and can transfer your bitcoin to the buyer as soon as you have received cash in your bank account. P2P is quite secure as long as you are doing it on a trusted exchange like Binance.

Disclaimer: This article is a paid post and must not be considered as news/advice. 

YEAY launches LA influencer house to bring down barrier to blockchain adoption for GenZ

XRP, Cosmos, BAT Price Analysis: 15 March

Having studied Chemical Engineering, Akashnath's focus is on the UK and Indian markets and especially crypto assets. He is devoted to technical analysis and is always on the lookout for investment opportunities.

Bitcoin has been synonymous with cryptocurrency — it has paved the way for the thousands of altcoins flooding the market, all competing for people’s investment and trust. Bitcoin seems to have broken into the mainstream, with household names such as Tesla and Microstrategy openly announcing their use of Bitcoin as a reserve asset.

No surprise then that Bitcoin crossed the $60,000 mark in early March, and in spite of what some call “market corrections”, investors, both retail and corporate, are still bullish. 

Bitcoin being listed on Paypal also contributed to its seemingly-endless climb. If there’s one thing that’s always rung true about the history of financial markets, though, it’s that what comes up must come down.

Some people think that Bitcoin is a wave, and they intend to ride it until it breaks. 

Some investors believe that Bitcoin isn’t only worth it, they are betting their bottom dollars on the idea that Bitcoin will reach $100 within the year. COVID 19 has opened the stage for the transition to a global economy. 

Faced with the uncertainty of a global pandemic as well as economic instability, some countries such as Venezuela and Colombia have led the world when it comes to Bitcoin adoption. It has provided individuals with a way to shield their hard-earned money from dismal local market conditions.

More and more people are realizing just how much crypto can change the world. The idea that we want to challenge, however, is whether Bitcoin’s tvision of the future is one that we should be investing on.

There is no question that Bitcoin is an excellent store of value. However, the biggest problem is in its inability to get on with the times. Bitcoin’s averages around 7 transactions per second, meaning, it takes around 10 minutes to process a single transaction on average. Depending on how congested the network is and the size of  your transactions, users sometimes wait for more than a day.

Bitcoin transactions are also expensive. Not to mention the notorious volatility that has rendered it unusable for real-life payment use-cases. There is no way to truly determine the value of Bitcoin, and so  

More than that, Bitcoin’s long-term repercussions on the environment is severe. According to Digiconomist, Bitcoin mining accounts for 37 million metric tons of carbon emissions every year. 

With these factors considered, Bitcoin doesn’t really sound like such a revolutionary digital currency that some maxers make it out to be. If it doesn’t function in the way that it’s designed, what is it for then? 

The answer might be hiding inside Bitcoin’s distribution: 99% of all Bitcoins are owned by a startling 1% of all users (cryptocurrency enthusiasts call these users “whales”). Another case in point: one of the world’s biggest Bitcoin wallets, Coinbase, gets to know who’s buying what, and when — basically, the opposite of the decentralised future promised in the Satoshi Nakamoto whitepaper. The majority of Bitcoins are owned by a few.

Bitcoin is performing well because it’s in the holders’ best interest to keep it as valuable as it is. The value of an archaic coin will be inflated and stretched to its limits. After all, as the wave rises, they have billions worth BTCs to sell with a few billions more left to keep on risking. The question is, what happens when the market sways to a different direction, or when these whales have decided to take their spoils somewhere else?

If everything goes well, some people get to cash out on their BTCs. However, the harsh reality is that most will keep hodl-ing until the bubble bursts and they lose more than they bargained for.

The question is, do you find value in this vision of the future, or would you want to invest in something that distributes the earnings (something that a lot of altcoins are actually designed to do), shields you from the indecipherable volatility of the market, and actually adds value to the world instead of destroying it?

Only you can decide.

On Sunday, the world’s largest digital money peaked right before Monday, when an identical-looking price-drop saw the BTC down into the $50,000 range. It’s worth mentioning that the $3,000 slide represents a huge 4.9 percent drop in the last 24 hours, according to analytics firm Nomics.

The picture was similar for other cryptocurrencies. Ethereum followed a similar trajectory as Bitcoin, losing 4.1% in the last 24 hours.

In the mid-caps – projects valued between $10-$40 billion – a 4% loss meant you were one of the lucky ones.  Cardano ,  XRP , and  Litecoin  all dropped 4%, while  Chainlink  fell 5%, Uniswap shed 7% and  Bitcoin Cash  slid more than 8%.

What’s causing the markets to behave this way? Bitcoin, and the broader crypto market, have a tendency to peak aggressively before pulling back quickly. Trends are picking up pace and there’s a rumor up in the wind that Bitcoin might as well hit the $70,000 mark by the end of this month.

We’ll find out soon enough.

Last Updated March 17, 2021, 03:021 GMT

At the moment, BCH’s price is down $-2.09 (-0.4%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Of note is that the 20 hour changed directions on BCH; it is now pointing down. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

The choppiness in the recent daily price action of Bitcoin Cash continues; to start today, it came in at a price of 529.12 US dollars, up 1.04% ($5.44) since yesterday. As for how volume fared, yesterday’s volume was up 96.01% from the previous day (Monday), and up 172.92% from Tuesday of the week before. Out of the 7 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 5th for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of Bitcoin Cash.

The first thing we should note is that the current price of Bitcoin Cash is sitting close to its 20 and 50 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Volatility for Bitcoin Cash has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 30 days Bitcoin Cash’s price has gone up 15 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin Cash for the past day were:

There exists a social media platform which is paying it’s users $90k a month in free Bitcoin Cash just for using it.The fact that even I, someone who’s into this stuff had no idea this was happening reveals how absolutely horrific the marketing in BCH has been.Stay tuned.

Why Bitcoin Cash, Bitcoin SV, Nano, Dash, etc failed and will continue to:I too thought crypto’s first killer app was as currency.But in 2017, After 4 years of net NEGATIVE adoption as such, i had to admit I was wrong.

Bitcoin forked August 2017 resulting in 2 coins sharing all Bitcoin transactional history, BTC and BCH. Bitcoin Cash BCH is as much Bitcoin as BTC. It’s as simple as that. #bch

As for a news story related to Bitcoin Cash getting some buzz:

Bitcoin Cash is Freedom

That’s right- the system was out of service for over a full week, with the development of events we were just discovering that it was not only that ATM that was not operational but all ATMs that operate with Visa banking system managed by SIMO (Mozambican interbank company) because the company that supplied the System unilaterally decided to shut down its entire powerful system because this same Banking company was indebted to them….Exactly they pulled the switch button off and the whole Mozambican banking system was paralyzed and nobody could withdraw any money from these banks, everything was blackout, huge queues were made in the Banks but all in vain because the company controlled the entire system which is a centralized entity that could demand and enforce what the State owed without even worrying about the customers who were left without access to financial banking services.

Tron – Tron – What Is It, History and How to Buy | Fintech Zoom

Tether: What Is It, History and How to Buy

Tether is a blockchain-based cryptocurrency that has its roots in the U.S. It has some controversial history, as it was one of the first cryptocurrencies to peg its value directly to an existing fiat currency. Originally, each Tether token was said to be valued at $1 in U.S. currency, though that backing has since changed. These tokens, which were formally known as “Realcoin,” currently trade under Fintech Zoom USDT. Investing in cryptocurrency has become very popular, and a financial advisor can help you get started.

What Is Tether?

Tether is an open source, peer-to-peer blockchain digital currency. Blockchain allows data to be stored in multiple locations in chronological order. It’s used to protect the system from being overtaken by a single entity. Many cryptocurrencies use blockchain outside of Tether.

Tether is, in theory, tied to a fiat currency, which is the U.S. dollar. As a result, Tether is referred to as a “stablecoin.” This is different from cryptocurrencies like Bitcoin and Ethereum, whose prices fluctuate significantly and whose value is determined on a more speculative basis. That said, a report from CryptoCompare shows that nearly 80% of Bitcoin trading is done in Tether, making it a major source of crypto liquidity.

This type of crypto is designed to be literally tied to the value of the fiat currency that it represents. In other words, each U.S. Tether token is supposed to be worth $1 at all times. However, this has been the subject of some controversy. In 2019, Tether revealed that it wasn’t 100% backed by fiat currency, and that each U.S. Tether token was backed by closer to $0.75.

Currently, there are four Tether stablecoin currencies: USDT (tied to the U.S. dollar), EURT (tied to the Euro), CNHT (tied to the Chinese yuan) and XAUT (tied to one ounce of gold per token).

How to Buy Tether

Like many cryptocurrencies, you can buy Tether through any global exchange, like Kraken, Binance or Kriptomat, for example. Most global cryptocurrency exchanges work similarly. You create an account, fill out your personal information and fund your account using fiat currency. You can then use the funds you deposit to buy cryptocurrencies such as Tether.

Keep in mind that you’ll be buying Tether from a brokerage and not directly from the blockchain. Once you own Tether on a global exchange, you can trade it at its market value or buy more. You may also want to use a cryptocurrency wallet to store your crypto holdings.

You cannot buy fractional shares of Tether, and there is no fixed amount of the cryptocurrency available. Tether also cannot be mined.

Tether History

Tether tokens are issued by Tether Ltd. It was created in 2014 under the name Realcoin, and it rebranded to Tether thereafter. Brock Pierce, Reeve Collins and Craig Sellars are the co-founders of the cryptocurrency, which first launched on the Omni Layer of the Bitcoin blockchain. It began trading in 2015.

The founders launched three types of Tether, each tied to a different fiat currency with each token said to be worth one unit of said currency. Currently, it is the largest stablecoin in terms of market capitalization. It is also a part of other protocols than the Omni Layer of Bitcoin, including Ethereum, bitcoin cash, TRON, EOS and Liquid Network.

Tether hasn’t been without its issues, though. Most notably, in 2019, iFinex Inc., the parent company of Tether Ltd., was accused of trying to cover up an $850 million loss by taking over around $700 million of Tether’s cash reserves and using it to repay investors. It wasn’t clear if there was any wrongdoing, though Tether vehemently denied it in the court filings. According to the company, the money had simply been seized and safeguarded.

In 2017, Tether went through an alleged hacking where over $31 million worth of tokens were stolen. After this event, the company didn’t perform an audit that was designed to ensure it would have enough in reserves. The company even went as far as to fire its audit team, with the issuing of a subpoena coming not long after.

Should I Trade or Sell Tether?

Tether is less volatile than many other cryptocurrencies, simply because it’s directly tied to a fiat currency. So, if you’re thinking of buying or trading Tether, you shouldn’t expect a windfall or the type of volatility you might see from a cryptocurrency like Bitcoin or Dogecoin.

In addition, there are very little speculative elements to Tether, which makes it a relatively safe and stable cryptocurrency investment. Some even consider it akin to buying and holding cash or another foreign currency. If you anticipate large fluctuations in the market for the U.S. dollar or the Euro, for example, this could be a worthwhile investment.

Bottom Line

Tether is a common type of cryptocurrency, making it one of the more recognizable names in the crypto space. Despite a handful of controversies that the currency and its company have run into, it has still proven to be a rather secure and stable cryptocurrency. Again this is mainly due to the fact that it is tied to the value of existing fiat currencies. That means it’s not subject to intense market swings like Bitcoin can be.

Tether is immensely popular and easy to buy on any cryptocurrency exchange. So if you’re interested in getting into the crypto game, this could be a good place to start.

Tips for Investing in Cryptocurrency

Cryptocurrency investments are extremely attractive, but they’re much harder to understand than a simple stock or bond. That’s where a financial advisor who’s familiar with crypto can be an important partner for you and your family. Luckily, finding the right financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors in your area in just five minutes. Get started now.

Whether you’ve been investing in cryptocurrency for years or are just getting started, it pays to be prepared. SmartAsset’s free investment calculator can help you determine what kinds of returns you need to reach your goals.

Where there’s money being made, you’ll likely find Uncle Sam nearby. Investing is no different, and hitting it big on the stock market can lead to sizable taxes if not handled correctly. Use SmartAsset’s capital gains tax calculator to figure out how to minimize your taxes.

Photo credit: ©iStock.com/primeimages, ©iStock.com/metamorworks, ©iStock.com/ayo888

The post Tether: What Is It, History and How to Buy appeared first on SmartAsset Blog.

Tron – Tron – What Is It, History and How to Buy | Fintech Zoom Tags: Tron

Tron – What Is It, History and How to Buy

Tether: What Is It, History and How to Buy

Tether is a blockchain-based cryptocurrency that has its roots in the U.S. It has some controversial history, as it was one of the first cryptocurrencies to peg its value directly to an existing fiat currency. Originally, each Tether token was said to be valued at $1 in U.S. currency, though that backing has since changed. These tokens, which were formally known as “Realcoin,” currently trade under Fintech Zoom USDT. Investing in cryptocurrency has become very popular, and a financial advisor can help you get started.

What Is Tether?

Tether is an open source, peer-to-peer blockchain digital currency. Blockchain allows data to be stored in multiple locations in chronological order. It’s used to protect the system from being overtaken by a single entity. Many cryptocurrencies use blockchain outside of Tether.

Tether is, in theory, tied to a fiat currency, which is the U.S. dollar. As a result, Tether is referred to as a “stablecoin.” This is different from cryptocurrencies like Bitcoin and Ethereum, whose prices fluctuate significantly and whose value is determined on a more speculative basis. That said, a report from CryptoCompare shows that nearly 80% of Bitcoin trading is done in Tether, making it a major source of crypto liquidity.

This type of crypto is designed to be literally tied to the value of the fiat currency that it represents. In other words, each U.S. Tether token is supposed to be worth $1 at all times. However, this has been the subject of some controversy. In 2019, Tether revealed that it wasn’t 100% backed by fiat currency, and that each U.S. Tether token was backed by closer to $0.75.

Currently, there are four Tether stablecoin currencies: USDT (tied to the U.S. dollar), EURT (tied to the Euro), CNHT (tied to the Chinese yuan) and XAUT (tied to one ounce of gold per token).

How to Buy Tether

Like many cryptocurrencies, you can buy Tether through any global exchange, like Kraken, Binance or Kriptomat, for example. Most global cryptocurrency exchanges work similarly. You create an account, fill out your personal information and fund your account using fiat currency. You can then use the funds you deposit to buy cryptocurrencies such as Tether.

Keep in mind that you’ll be buying Tether from a brokerage and not directly from the blockchain. Once you own Tether on a global exchange, you can trade it at its market value or buy more. You may also want to use a cryptocurrency wallet to store your crypto holdings.

You cannot buy fractional shares of Tether, and there is no fixed amount of the cryptocurrency available. Tether also cannot be mined.

Tether History

Tether tokens are issued by Tether Ltd. It was created in 2014 under the name Realcoin, and it rebranded to Tether thereafter. Brock Pierce, Reeve Collins and Craig Sellars are the co-founders of the cryptocurrency, which first launched on the Omni Layer of the Bitcoin blockchain. It began trading in 2015.

The founders launched three types of Tether, each tied to a different fiat currency with each token said to be worth one unit of said currency. Currently, it is the largest stablecoin in terms of market capitalization. It is also a part of other protocols than the Omni Layer of Bitcoin, including Ethereum, bitcoin cash, TRON, EOS and Liquid Network.

Tether hasn’t been without its issues, though. Most notably, in 2019, iFinex Inc., the parent company of Tether Ltd., was accused of trying to cover up an $850 million loss by taking over around $700 million of Tether’s cash reserves and using it to repay investors. It wasn’t clear if there was any wrongdoing, though Tether vehemently denied it in the court filings. According to the company, the money had simply been seized and safeguarded.

In 2017, Tether went through an alleged hacking where over $31 million worth of tokens were stolen. After this event, the company didn’t perform an audit that was designed to ensure it would have enough in reserves. The company even went as far as to fire its audit team, with the issuing of a subpoena coming not long after.

Should I Trade or Sell Tether?

Tether is less volatile than many other cryptocurrencies, simply because it’s directly tied to a fiat currency. So, if you’re thinking of buying or trading Tether, you shouldn’t expect a windfall or the type of volatility you might see from a cryptocurrency like Bitcoin or Dogecoin.

In addition, there are very little speculative elements to Tether, which makes it a relatively safe and stable cryptocurrency investment. Some even consider it akin to buying and holding cash or another foreign currency. If you anticipate large fluctuations in the market for the U.S. dollar or the Euro, for example, this could be a worthwhile investment.

Bottom Line

Tether is a common type of cryptocurrency, making it one of the more recognizable names in the crypto space. Despite a handful of controversies that the currency and its company have run into, it has still proven to be a rather secure and stable cryptocurrency. Again this is mainly due to the fact that it is tied to the value of existing fiat currencies. That means it’s not subject to intense market swings like Bitcoin can be.

Tether is immensely popular and easy to buy on any cryptocurrency exchange. So if you’re interested in getting into the crypto game, this could be a good place to start.

Tips for Investing in Cryptocurrency

Cryptocurrency investments are extremely attractive, but they’re much harder to understand than a simple stock or bond. That’s where a financial advisor who’s familiar with crypto can be an important partner for you and your family. Luckily, finding the right financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors in your area in just five minutes. Get started now.

Whether you’ve been investing in cryptocurrency for years or are just getting started, it pays to be prepared. SmartAsset’s free investment calculator can help you determine what kinds of returns you need to reach your goals.

Where there’s money being made, you’ll likely find Uncle Sam nearby. Investing is no different, and hitting it big on the stock market can lead to sizable taxes if not handled correctly. Use SmartAsset’s capital gains tax calculator to figure out how to minimize your taxes.

Photo credit: ©iStock.com/primeimages, ©iStock.com/metamorworks, ©iStock.com/ayo888

The post Tether: What Is It, History and How to Buy appeared first on SmartAsset Blog.

Tron – What Is It, History and How to Buy Tags: Tron