Crypto Currency

Is now the right time to invest in Bitcoin?

Everybody is talking about cryptocurrency, and among all the different ones, about Bitcoin. This digital currency, the first of its…

Everybody is talking about cryptocurrency, and among all the different ones, about Bitcoin. This digital currency, the first of its kind and one of the most valued right now, is a very hot investment right now, thanks to its high growth, ease of use and transparency. Newcomers are looking to invest in cryptocurrency as an alternative to foreign exchange, stock trading or other investments.

However, as with all things, the cryptocurrency market is not perfect. For every benefit cyptocurrency investment has, there’s a disadvantage you can’t overlook if you want to start to invest. If you want to know more about this in order to decide if this is the right time for you to invest in Bitcoin, keep reading!

What is, exactly, Bitcoin?

Bitcoin is a cryptocurrency, that is, a decentralized set of tokens supported by a public and transparent transaction system known as a blockchain, not supported by real-life institutions or assets such as gold, but with a market value. In its deepest level, Bitcoins are just bytes of digital information and have no physical value. However, this digital currency created in 2009 has sparked an interest in traders and the general public throughout the years, with an exponential increase in its value and a great share of the digital currency market share.

Bitcoin’s price is predicted to go up in 2018

Most analysts and reports published online predict that the value of one Bitcoin will go up during 2018, following the trend set in previous years. Some sources predict a price of $50000 per Bitcoin, while others go as far as to say that the Bitcoin will surpass the 100 thousand dollars barrier. Of course, this will depend on a lot of variables such as demand, adoption by newcomers as well as government agencies and other businesses, and other cryptocurrencies’ markets.

Bitcoin is not stable

One thing to note is that Bitcoin is not a stable currency by any measure. Recently, the Bitcoin price skyrocketed to $19000 for a few days, only to fall to $12000 in less than six hours, and this kind of crash is not new at all in the Bitcoin market. Investing in cryptocurrencies, such as the Bitcoin, is a really high-risk bet that should only be taken if one considers all the ways it could possibly end on losses. Follow current bitcoin prices at coindesk.

Mass adoption will potentially improve Bitcoin

By the end of 2017, a lot of people were interested in knowing more about Bitcoin and started investing. Not only this, official agencies have been showing an interest in to incorporating Bitcoin into official instances, and there are plans by some governments to create alternative cryptocurrencies. This “popularisation” of the Bitcoin market might give the currency a broader adoption, as well as more stability in the market, making it a better choice to invest into.

In the end, investing in any crypto currency can be a risky choice, but it might also bring the investor many, many benefits during 2018! If you do buy cryptocurrency in 2018 make sure you don’t fall victim to a phishing attack by following our advice article – 5 ways to spot a phishing attack.

 

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Crypto Currency

How much do you know about blockchain, cryptocurrency, and Bitcoin?

How much do you know about blockchain, cryptocurrency, and Bitcoin? mashable.com


How much do you know about blockchain, cryptocurrency, and Bitcoin? mashable.com
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Crypto Currency

The trailer for ‘CRYPTO’ just dropped, and cryptocurrency is good now

With all the exit scams, weird meat obsessions, and cantankerous fan-boy culture, the world of cryptocurrency is kind of a drag. And that’s without even touching on the current and persistent bear market.  But all that has changed, denizens of the internet. Cryptocurrency is good now, and we owe it all to the trailer for…


With all the exit scams, weird meat obsessions, and cantankerous fan-boy culture, the world of cryptocurrency is kind of a drag. And that’s without even touching on the current and persistent bear market. 

But all that has changed, denizens of the internet. Cryptocurrency is good now, and we owe it all to the trailer for the upcoming crypto-themed action flick starring none other than Snake Plissken himself. Say hello toCRYPTO, the film that, like its eponymous subject matter, features a bunch of idiots fighting over bullshit and terrible security practices. 

The trailer for the film, featuring an appropriately bedraggled Kurt Russell, hit the internet on March 11 and oh boy did it get our blood flowing. Go ahead and take a peek. We’ll wait. 

Breathtaking, right? Did you take a moment to bathe in the reflected glory of Luke Hemsworth and Alexis Bledel. Yes? Good, let’s move on.

The story, as much as there appears to be one, follows an anti-money laundering expert’s trip to small town America and a subsequent run in with the Russian mob. But put that aside for a moment, and let’s focus on the verisimilitude of the thing. 

It can only go up.

It can only go up.

Image: screenshot / “crypto”

From the amazing file labeling system (hello “KICKBACKS”), to the apparent Coinbase knockoff DELTA COIN listing bitcoin cash at $983.74 (which, LOL),CRYPTOproves that the true cryptocurrency

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Crypto Currency

9 Questions for Facebook After Zuckerberg’s Privacy Manifesto

presented an entirely new philosophy. For 15 years, the stated goal of Facebook has been to make the world more open and connected; the unstated goal was constructing a targeted advertising system built on nearly infinite data. Yesterday, though, Zuckerberg pronounced that the company is reversing course. The social network of the future won’t be…


presented an entirely new philosophy. For 15 years, the stated goal of Facebook has been to make the world more open and connected; the unstated goal was constructing a targeted advertising system built on nearly infinite data. Yesterday, though, Zuckerberg pronounced that the company is reversing course. The social network of the future won’t be one where everyone connects openly together, as in a town square; it will be one where more connections happen one to one, as in a living room. Instead of data permanence, data will disappear.

Facebook isn’t putting the current platform—worth roughly half a trillion dollars—in the garbage disposal. As Zuckerberg made clear in a Wednesday afternoon interview with WIRED, Facebook as we know it now will still exist. But it will change. And there will also just be something new.

It’s unclear the extent to which Facebook will ultimately push users toward privacy, and in what exact ways. But Zuckerberg controls Facebook, and his manifesto will make its gears start to turn in different directions. As that begins, here are nine important questions the company will have to think through.

1. Facebook knows how to make money in the town square. How does it make money in this new living room?

Private, encrypted messaging is hard to monetize. In our interview, Zuckerberg demurred when asked what the new business model will be after clamping down on the data firehose. The company would, he said, build the product first and figure out the financials later. Facebook does have nascent efforts in commerce and cryptocurrency, but there’s no question that figuring out revenue on the new platform will be a hard problem for Dave Wehner, Facebook’s chief financial officer. A former Facebook employee told me last night, “Mark is like a cartoon character who walks through a bunch of dangerous situations and always comes out on top. Dave is the guy running behind him catching the cat, stopping the ladder from tipping, deflecting the flying axe with a manhole cover.”

2. What does this do to safety on the platform?

Facebook rightly faces endless criticism for all the data it collects. But there are benefits to data collection as well. It can help stop bullies, or even potential suicides. Once those communications become private, Facebook no longer has the same powers to track and moderate. The public—from the media, to nonprofits, to academics, to individuals, to the government—also uses the public nature of Facebook to track bad behavior. If Russian intelligence operatives had just used private encrypted messaging to manipulate Americans, would they have been caught? As Facebook knows from running WhatsApp, which is already end-to-end encrypted, policing abuses gets ever harder as messages get more hidden.

In our interview, Zuckerberg explained that this, not fears about the business model, is what keeps him up at night. “There is just a clear trade-o

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Crypto Currency

Cryptography experts are already laughing at ‘Facebook Coin’

Facebook’s rumored cryptocurrency project hasn’t even launched, and yet it’s already a punchline for the tens of thousands of security professionals, cryptographers, and researchers gathered at the annual RSA conference.  On March 5, in the San Francisco Moscone Center, the hotly anticipated Cryptographers’ Panel met to discuss the future of cryptography, the internet, and e-commerce.…


Facebook’s rumored cryptocurrency project hasn’t even launched, and yet it’s already a punchline for the tens of thousands of security professionals, cryptographers, and researchers gathered at the annual RSA conference. 

On March 5, in the San Francisco Moscone Center, the hotly anticipated Cryptographers’ Panel met to discuss the future of cryptography, the internet, and e-commerce. Of course cryptocurrency came up, with a mention of the so-called Facebook Coin drawing perhaps the biggest laugh of the talk. 

Speaking of the problems inherent in putting even great research ideas into practice, panelist and cryptography expert Paul Kocher (known for, among other things, co-discovering Spectre) told attendees that the blockchain only makes things trickier. 

“[The] idea of combining Bitcoin’s theft mitigation and Facebook’s privacy seems particularly toxic for users.”

“When you add the froth of blockchain into there, these just sort of things that seem crazy just keep amplifying,” he explained. “I think the latest one that I saw is one where you can take Bitcoin where you can lose your money, Facebook you can lose your privacy, and now t

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