Coin Consult

Crypto info part 7:

In essence, by eliminating hefty fees and middlemen, cryptocurrencies offer society the opportunity to reduce the costs of commerce and limits corruption inside those intermediating institutions.

Iran becomes latest rogue state to develop its own cryptocurrency Iran is considering the development of its own cryptocurrency, following the footsteps of Venezuela. Both countries are the focus of U.S. sanctions.

Crypto & Blockchain Info pt. 6:

What can the public ledger do?

Technically, with this technology of a public ledger, we won’t need financial intermediaries and banks to allow people to form trust between each other.

This technology gives you control of your assets along with responsibility over it.

However, more importantly it gives you a system which creates trust which is necessary for the transaction of money and for money to work in society. It also verifies and makes sure the counter-party is good for their money.

This network-based ledger is called the blockchain for most of cryptocurrencies. And as you will soon come to find out, this is only one small part of blockchain technology that has been discovered or put to use. Blockchain technology will fundamentally shape our future.

A new asset class is coming.

Are you ready..?

Bitcoin and the market are correlated, says Wells Fargo strategist Both took a hit earlier this week and now begin to recover. If the bitcoin bubble bursts, the stock market may go down along with it, he added.

⚠️Part #5 of The Potential of Cryptocurrency & Blockchain Technology:

If you have been paying any attention to cryptocurrencies, you have most likely heard of ICO’s (Initial Currency Offering’s).

These ICO’s are basically IPO’s but instead of stocks they offer tokens or coins for upfront capital before they are listed on the exchanges.

These ICO’s are great opportunities to pick up cryptocurrencies cheap and to simply hold onto them for a while.

Some ICO’s have returned gains that have reached 50%, 120% and even 3700% gains.

Although, beware. Many of these ICO’s are scams or have no intrinsic value (just like the dot-com bubble…).

Check out this graph of DragonChain’s growth since ICO (which we called a BUY in our cryptocurrency consulting group during their ICO):

More than 7200% in 31 days!