In the first issue of CRYPTO TREND we introduced Crypto Currency (CC) and answered a number of questions about this new market. There are so many NEWS in this market every day. Here are some of the ones that give us an idea of how the market is new and exciting:
The largest exchange in the world to form a future Bitcoin bond
Terry Duffy, president of the Chicago Mercantile Exchange (CME) said “I think sometime the second week in December you will see ours. [bitcoin futures] agreement to register. Today you cannot shorten bitcoin, then there is only one way to go. Either you buy or you sell to someone else. That’s why you create a two-dimensional market, I think it’s very useful. “
CME plans to launch the future of Bitcoin by the end of the year pending review. If it goes well, this will give investors a better way to go “long” or “short” on Bitcoin. Other Exchange-Traded Funds traders have also issued bitcoin ETFs that track the future of bitcoin.
These developments can allow people to use crypto currencies without having a real CC, or using CC exchange services. The future of Bitcoin could make digital assets more useful by allowing users and intermediaries to close their risks on foreign exchange. This could lead to the establishment of cryptocurrency by traders who want to accept bitcoin currency but care about its volatile value. Investors in corporations are also used to sell well-managed futures, which are not prone to cost overruns.
The CME move also shows that bitcoin has become too big to ignore, as the exchange seems unlikely to end the future of crypto in the near future. Bitcoin is almost all that everyone is talking about in bottles and trading companies, which have suffered in the midst of rising markets but surprisingly slow. If the future of the exchange has begun, it would not be impossible for any other exchange, such as CME, to be realized, since growth and volume of money are important in the emerging markets.
“You can’t ignore the fact that this is an increasing number of issues that will never end,” Duffy told CNBC. There are “big companies” who want access to bitcoin and there are “many demands” from customers, he said. Duffy also thinks that bringing in market traders can make bitcoin more stable.
A Japanese city using crypto currency to upgrade its capital to urban renewal
The Japanese village of Nishiawakura is exploring the idea of having an Initial Coin Offering (ICO) to raise funds to rehabilitate municipalities. This is a very unusual process, and you may be able to request the assistance of a national government or seek private funds. Several ICOs have had serious problems, and many investors doubt that every new token will be useful, especially if the ICO becomes a joke or a fraud. Bitcoin was certainly not a joke.
FIRST PAYMENT – (ICO)
We did not mention ICO in the first issue of Crypto Trend, so let’s say that now. Unlike Initial Public Offering (IPO), where a company owns a real asset or a sale business and wants you to buy shares in their company, an ICO can be made by anyone who wants to start a new Blockchain business with the goal of making. a new mark on their chain. ICOs are unregulated and several have been completely fraudulent. The accredited ICO can raise huge sums of money to support the new Blockchain project and networks. It’s the same with ICO making the price of a high-end machine near the start and coming back to reality soon. Because ICO is so easy to catch if you know the technology and have a low budget, there have been many, and today we have 800 tokens at play. Both tokens have a name, all with crypto currencies, and with the exception of well-known tokens, such as Bitcoin, Ethereum, and Litecoin, they are called alt-coins. At the moment Crypto Trend does not encourage participation in the ICO, as its risks are very high.
As mentioned in Section 1, this market is “west-west” right now, and we urge caution. Some retailers and early adopters have found great benefits in this market; however, there are many who have lost much, if not all, of it. Governments are considering the law, because they want to know everything that happens to pay taxes. They are all heavily in debt and struggling to make ends meet.
Meanwhile, the crypto currency market has avoided many government and banking problems and pitfalls, and Blockchain technology can solve many problems.
The common denominator of Bitcoin is that its founders have chosen a limited number of currencies – 21 million – and ensured that crypto currencies could not be raised at all. Governments can print as much money (fiat money) as they want and increase their costs until death.
Future articles will explore the real ideas, however, make no mistake, investing early in this session is just your estimate, the amount you can lose.
CRYPTO TREND will be your guide if you are ready to invest in this market.