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Sunday, 24 September 18:29 (GMT -05:00)



Foreign exchange market

New Bitcoin Cash Instantly Enters TOP3 Cryptocurrencies in Terms of Market Cap


For those of you who don’t know, the world’s first and most popular cryptocurrency Bitcoin split in half on August 1st, 2017. Now, there are 2 versions of it – Bitcoin and Bitcoin Cash. As for, Bitcoin Cash, it instantly became among the leading cryptocurrencies in among market capitalization.
 

 

 

 

Over the last couple of months, the international community has been discussing the ways to accelerate Bitcoin transactions. The thing is that along with getting more expensive, the system slowed down. There has been no consensus between the developers so far. That’s why some of them decided to quit and start Bitcoin Cash. This is how the world’ most popular and expensive cryptocurrency was split in half.
 
What was the reason for the conflict? Back in may 2017, Bitcoin users complained that their transactions took days to be confirmed. The thing is that the speed of adding bitcoins to the block chain is one BTC per 10 minutes.  This limit was introduced in order to prevent DDoS attacks. However, as Bitcoin got more popular and liquid, this limitation turned into a major drawback for Bitcoin users.
 
The community offered 2 solutions – either canceling the 1Mb limit or letting some of data be stored outside of the block chain. The first scenario (Bitcoin Unlimited) was supported mostly by Bitcoin miners. However, the developers warned that this would require scaling up the capacities to process the increasing amount of transactions fast. This is not beneficial for small-scale miners and may result in monopolization, which contradicts the very essence of cryptocurrencies as a decentralized means of payment.  
 
As for the advocates of storing some data outside of the block chain in standalone files (this is known as Segregated Witness, or SegWit for short), they promised to reduce the load and increase the speed of processing transactions.
 

 

As the results of those talks, the advocates of Bitcoin Unlimited and SegWit compromised and created something called SegWit2x (2Mb limit with storing some data outside of the block chain). This solution is now supported by 95% of Bitcoin miners, but a group of insiders started Bitcoin Cash. The limit is 8Mb, which is basically its only difference as compared to Bitcoin.

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Most experts are now skeptical about the future of Bitcoin Cash. However, it is going to make rival to the classic version of Bitcoin. And this is happening now. After the split, Bitcoin saw a minor drawdown. At the same time, Bitcoin cash managed to gain enter the TOP3 digital currencies in terms of market capitalization with almost 8 billion dollars, which means the international community has been getting increasingly interested in Bitcoin Cash ever since it was launched on August 1st, 2017.

 

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NordFX Offers IB Partners Bigger Profit Opportunities

 When it comes to professional moneymaking in today’s Forex environment, everything basically boils down to 2 options:

 
a) You make money directly from trading currencies.
b) You become some kind of an affiliate in the FX business. More specifically, you work as an Introducing Broker (IB) for an FX broker and get paid for inviting traders to join the company. More often than not, IBs get paid 20% to 50% of the spread paid by the trader. The IB pays a certain share of the profit back to the trader as a rebate (that’s a kind of cashback). So, rebate is some kind of an extra profit for the trader. By the way, rebate is something that’s become natural in the international Forex community.
Publication date: 24 September 02:38 PM

Is it Worth Becoming a Bitcoin Investor?

Over the last 12 months, Bitcoin has gained almost 600%. That’s why more and more people all over the world are starting to think about investing in Bitcoin and other digital currencies, Market Leader reports.

Publication date: 24 September 07:50 AM

World’s Best Forex Brokers Revealed: NordFX, Alpari and Dukascopy

When it comes to Forex or any other financial market out there, successful trading and investing depends on a number of components. However, the 3 major pillars are a time-tested trading system, conservative money management, and a reliable Forex broker. If you ignore any of the pillars, FX trading or investing instantly turns into gambling, with no chance to succeed in the long run.

Publication date: 21 September 08:17 AM

NordFX Simplifies Cryptocurrency Trading

NordFX, one of the leading forex brokers, is offering traders a pleasant surprise. Since September 4, any NordFX client can start trading Bitcoin or other cryptocurrencies on their Standard account. For now, the asset index has been expanded with 3 assets – BTC/USD, LTC/USD, and ETH/USD. This means that you can trade those 3 digital currencies through MetaTrader 4. We remind you that previously, NordFX clients had to open a standalone “Crypto” account to start trading those cryptocurrencies.


Publication date: 19 September 04:00 PM

Blockchain Will Oust VISA, Ethereum Co-Founder Says

 According to Vitalik Buterin, co-founder of Ethereum, claims that the blockchain technology is going to oust conventional financial companies like VISA from the market or at least take most of their market share in the near future. The co-founder of Ethereum, which is one of the most popular cryptocurrencies to date, told that during the Q&A for TechCrunch, Market Leader reports.

 

 

 

 
Publication date: 19 September 05:34 AM

Bitcoin to Grow by 30% More in 12 Months, Experts Predict

By mid 2018, Bitcoin is may reach $6000 per 1BTC. This is what Tom Lee, who is the founder of Fundstat, thinks on the matter. According to the respected analyst, the chances of Bitcoin reaching this $6K threshold is pretty high right now. Yet, he assumes that this will not be the limit and the world’s first cryptocurrency will break about the $6K threshold some time later.

 

 

 


Publication date: 18 September 11:38 AM

Pavel Krymov: China’s Bitcoin Ban Is Probably All About Manipulation

Pavel Krymov, a famous expert on financial markets, urges investors to stop panicking about the news that China supposedly banned Bitcoin.

 

 

 

 

Around a week ago, international headlines cried that the People’s Bank of China had banned ICOs. For those of you who don’t know, an ICO stands for an Initial Coin Offering and has to do with crypto currencies.
Publication date: 14 September 12:10 AM

Bitcoin Market Cap Exceeds $150 Billion

Publication date: 09 September 04:10 AM

Cryptocurrency for Investors: Vulnerability Overweighs Profitability?

Cryptocurrencies have been dominating international headlines over the last few months. Unfortunately, there are some unpleasant speculations and manipulations seen in the market despite the continuous growth shown by Bitcoin, Litcoin, Ethereum and other popular digital currencies. 

Publication date: 09 September 03:59 AM

Masterforex-V Expo Names Best FX Brokers for Beginners. August 2017

The first crucial choice anyone has to make when coming to the international forex market is to choose the right forex broker. Most people out there are convinced that all brokers are the same and choosing the broker is something irrelevant, which is not the case.

 

 

 


Publication date: 04 September 01:27 AM