CRYPTOSILV

Part 8. I have always wondered why the Rich seclude themselves to one area of city. Think Beverly Hills in Hollywood or ShunYi and ChanPing in Beijing, Mitte-Tiergarten or Grunewald in Berlin, Ternes and Monceau in Paris, Maitama, Abuja, Ajah and Lagos Island of the ever busy city of Lagos, then you should understand. These are different cities from different countries but they are all the same when it comes to the rich segregating themselves from the poor. Contrary to what you might be thinking, this segregation is not because of pride or contempt for the poor, many rich people now were sometime hustlers and impoverished. So belittling their days of humble beginnings would be a slap on their own face. They separate themselves because they have activated a strange thing called a "millionaire's mentality". Believe it or not there is a millionaire's mentality and the way it works not only baffles the poor, it irks them too. It's your...

When the game is rigged, you don't have to play by the rules. Once upon a time God created man on a earth filled with beautiful lush resources. To access this wealth, Man created an institution, a system of rules and regulations which determines and controls who had access to the wheels of this power. This institution is the financial market and like it or not, like a Magician waving his wand, it controls a chunk of your life. Money makes the world goes round, it's the wheel  of progress and when you gat no dime in your pockets, getting the basic life necessities becomes a World War. I haven't been in a war mate, but I know it ain't fun. Now how do you get money and sort out your finance? When you were in school you learnt that if you studied well and got a good certificate you would be set in life. Well, that's crap, isn't it. I believed that for a long time, I held on to it for ages. Not until I finished school and I enrolled into the school of ...

Someone ask me on Quora: How do I start investing in crypto currency smartly? Is it too late to start? My Reply: The best was probably in 2011. But you are not too far behind. I can say entering while the weak hands are exiting is a perfect time. The market is red, everyone is panicking. I'll suggest you start with Bitcoin. The reason is not farfetched. It is the first and the most secured cryptocurrency there is. Concerning investing smartly, well continue to ask questions from people who have been there, done it make mistakes and learnt vital lessons along the way. You can't avoid mistakes, but you can minimize it if you follow people who know a lot about cryptocurrencies. Crypto Twitter will be a place to go. Also I answered a question about investing in Bitcoin. You can read it  here . Want to gift your love ones customized watch for this holiday? Visit our  website to order yours.

Bitcoin bull Tom Lee believes that Ether futures trading may hurt the cryptocurrency but could benefit Bitcoin. If there’s one thing you can say about Fundstrat’s Tom Lee, it’s that he’s very optimistic about Bitcoin. In early July, Lee stood by his prediction that the price of the world’s number one cryptocurrency would hit $25,000 by the end of the year. Since then, he has consistently maintained that market trends show that BTC price will rise throughout the latter half of 2018. Now he’s found an unlikely ally in the potential gains of BTC – Ether futures trading. What Hurts Ether… Lee was recently commenting on Cboe announcing that they were close to launching Ether futures trading. He took the approach that such a circumstance could actually harm the altcoin. The main reason why futures trading could be bad for Ether is that it would allow bears to bet against it, thus having the potential to knock its value down quite a bit. Lee cites how the price of BTC fell dr...

Apple co-founder Steve Wozniak, a computer engineer and inventor, is explaining why he trusts Bitcoin and its underlying technology over our current financial system. “Bitcoin caught my attention. It had so many unusual aspects for any technology I had ever heard of. Nobody is really known to be the creator. It doesn’t have any centralized [component]. It’s based on mathematics. There’s a certain number of Bitcoin that can ever exist… Mathematics to me is like nature. It’s much better than human beings… I trust those things of nature more than what man makes up. Man makes up currencies, controls them, and issues new US dollars every year. Bitcoin was immune to that.” https://dailyhodl.com/2018/08/20/steve-wozniak-trusts-math-and-bitcoin-over-humans-and-fiat-backs-blockchain-startup/ F

Traders in the US, Russia and China are the most common victims of cyberattacks targeting cryptocurrency exchanges. Another study has found that the demand for services provided by hackers is much higher than what’s currently on offer. The same can be said for experts in cryptography: China is now hiring a crypto specialist for one of its censorship agencies but Chinese citizens have already found a way to circumvent censorship using blockchain transactions. American, Russian, Chinese Traders – Common Victims of Cyberattacks Users of cryptocurrency trading platforms in the United States, Russia and China have been the most common victims of cyberattacks, according to a new study conducted by Russian cybersecurity experts. They have found that between 2016-2017, cases in which private data of people using crypto exchanges was compromised have increased almost 5-fold, or by 369%. The record was set in January 2018 when the number of incidents rose by close to 700% in comp...

Over the last day, BCH proponents have been celebrating the ‘Bitcoin Cash Independence Day’ which marks the anniversary of the August 1 blockchain split that took place a year ago. During festivities, the BCH community sent a ton of transactions over the course of the day and on August 1, 2018, the Bitcoin Cash network processed 687,000 on-chain transactions. The metric outpaced Bitcoin Core’s (BTC) daily transaction record by over 200,000 transactions showing the world some of the benefits of a chain that utilizes larger blocks. BCH Miners Process 687,000 On-Chain Transactions Bitcoin Cash fans are celebrating an extremely productive year as over the last 365 days the BCH network has had many milestones. One significant watershed moment was the number of transactions processed yesterday, on August 1, 2018, as the decentralized cryptocurrency processed over 197,000 transactions more than BTC’s record setting day (12-14-17) of 490K. The Bitcoin Cash network handled a whop...

Bithumb has suspended issuing new virtual accounts to crypto traders starting on August 1 after failing to renew the contract with its bank. These accounts are part of the real-name system enforced by the Korean government earlier this year. Only three exchanges in the country are now reportedly able to open new virtual accounts for their customers. Bithumb Halts Issuing New Virtual Accounts Crypto exchange Bithumb has announced the suspension of new virtual account issuance starting on August 1. With a 24-hour trading volume of $245,786,110 at the time of this writing, Bithumb currently ranks as South Korea’s largest cryptocurrency exchange by trading volume, according to Coinmarketcap. However, the news outlet noted that “customers who already have virtual accounts can use them for deposit and withdrawal services.” For Bithumb customers, virtual accounts are needed to deposit or withdraw Korean won. https://news.bitcoin.com/korean-crypto-exchange-bithumb-virtual-accounts...

Charlie Lee, the creator of Litecoin (LTC), has been announced as an adviser to the development of HTC’s “Exodus” blockchain phone following Mr. Lee’s recent tweet that stated he had met with the HTC team and that the Exodus phone will natively support LTC. Charlie Lee Announces that HTC’s Blockchain Phone Will Support LTC https://news.bitcoin.com/htc-exodus-phone-support-ltc-lee-advise/

Before it was turned into an investment asset, the invention of Bitcoin promised to usher in a world where anyone can pay for anything they like without a need for getting prior approval from the powers that be. The demand for uncensorable transactions still exists, and the latest example of this comes from Israel where the largest cannabis community market has turned to bitcoin payments. Telegrass, an Israeli community-based cannabis marketplace with over 100,000 members, has announced earlier today on social media that it will start charging merchants for some services, offering discounts for bitcoin payments. The community works to promote the legalization of recreational use of cannabis in Israel and offers a platform to connect buyers and sellers via the Telegram network. Merchants can still list their products for free in one city but will have to pay in order to expand their coverage. The new funds raised with bitcoin are meant to help pay the Telegrass staff, whi...

I saw an article online and it was well articulated about Bitcoin being programmed to pump. I made a video about it. Highlighting the view of the writer. Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come. It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy. Satoshi Nakamoto, 1/17/2009 Here are the reasons 1. The Hard Supply Cap 2. No One is in Control 3. The Lindy Effect

Recently I have been talking about Bitcoin even passionate about it. I went as far as bagging a certificate in Digital Currency from University of Nicosia. I want to talk about something very interesting with Bitcoin. Do you know that with Bitcoin you can make residual income. You can make money while sleeping. Introducing you to Bitclub Network. It is a mining firm. It specialises in mining bitcoin and the major cryptocurrencies. Check the link on this video: http://bitclub.io/silveret Ayobami  # silveretblack