Archive for the ‘cryptocurrencies’ category: Page 11
Jan 3, 2019
Magic Whale Formula
Posted by Samson Williams in categories: business, cryptocurrencies, finance
The 3 key ingredients for attracting investors to your crowdfunding (ICO/STO) campaign
Below is a redacted and slightly edited and updated version of a memo provided to a client regarding how to attract investors to their business, in mid 2017. For background, they’re a 5 year old private investment firm, whose stock is traded OTC and who invest in startups focused on blockchain tech. To further this model they were exploring additional ways to raise capital, specifically to acquire more startups. Below is a high level framework of what investor “whales” are looking for. This is not investment advice. These are redacted insights into what you should be considering if you’re looking to also engage potential investors in your business enterprise.
If you don’t have time to read it all, I’ll summarize: It still takes money to make money.
Note — all crowdfunding campaigns (regardless of if you call them ICOs / STOs) require a legitimate business model, tangible solutions to real problems, market size worth investing in and the potential for 100x returns. Otherwise, whales aren’t interested in 10x returns.
Dec 31, 2018
Virtual Currencies Are As Old As Favors
Posted by Samson Williams in categories: bitcoin, cryptocurrencies, disruptive technology, economics, finance
I owe Jack Shaw a favor. It’s one of those, “This one time in Cambodia…” type of favors. We won’t speak of it beyond perhaps a nod and wink. It’s not written down anywhere; the details of such are so vague as to be almost non existent, while encompassing the known universe. It expires upon death, of the sun; and can be redeemed whenever and by another person who need only walk up to me and say, “Jack Shaw sent me. He says to tell you ________”. And tada, that favor has been redeemed for value.
Jack would call this favor a “marker.” It’s more valuable than your house, the Empire State Building & 100k Bitcoins combined. It can even be redeemed for something even more precious, my time or an opportunity or access to my network. You know, those things that money can’t buy. Well, you can lease my time from time to time.
Favors, markers and promises are humanities’ first virtual currencies.
Continue reading “Virtual Currencies Are As Old As Favors” »
Dec 20, 2018
This Startup Is Challenging Google Maps—and Needs Your Help
Posted by Genevieve Klien in categories: cryptocurrencies, mapping
The mapping company StreetCred wants to pay a volunteer mapping army in cryptocurrency to carry out its data missions.
Dec 16, 2018
Bitcoin Miners Dying, Another Sign Of The Crypto-Currency Crash
Posted by Michael Dodd in categories: bitcoin, cryptocurrencies, finance
It is an eye opening video. In the financial climate we are now I am not shocked that these Miners are losing based on costs.
I wrote an article on the Wave Chronicle regarding the Crypto-Currency Crash and some of the changes that could be made to make this particular market effective for those who actually want to use Crypto-Currency as a vehicle for purchasing.
Continue reading “Bitcoin Miners Dying, Another Sign Of The Crypto-Currency Crash” »
Dec 15, 2018
SEC’s Crypto Czar Signals Some Flexibility on Token Offerings
Posted by Mark Larkento in category: cryptocurrencies
Finally some regulatory clarity. We can build something and ask the SEC if it’s going to be enforced.
No-action letters may be a way forward for crypto startups hoping to avoid securities classifications.
Continue reading “SEC’s Crypto Czar Signals Some Flexibility on Token Offerings” »
Dec 13, 2018
BTC plunge: Why I don’t worry
Posted by Philip Raymond in categories: bitcoin, cryptocurrencies
Join me for a quick review of the spikes & dips in the Bitcoin exchange rate. This time, it’s all about one very simple chart. [continue below graphic]…
The chart below shows a history of BTC price spikes, dips and recovery. Click to enlarge, then start at the top—and move down.
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- Consider the percent-pullback after each spike (red label)
- Think about the stellar rebound after each drop (green label)
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The table at right illustrates why I do not get too worked up over the plunge in the BTC exchange rate. There are no fundamental flaws in Bitcoin math or mechanisms, the market need for benefits conveyed by Bitcoin is terrific, and popular arguments against Bitcoin are severely flawed. Skeptics and Critics typically say this:
Dec 11, 2018
Best Bitcoin wallet: Hardware or hosted?
Posted by Philip Raymond in categories: bitcoin, cryptocurrencies
Dec 11, 2018
How developments in Quantum Computing could affect cryptocurrencies
Posted by Genevieve Klien in categories: bitcoin, computing, cryptocurrencies, economics, mathematics, particle physics, quantum physics
by Eloisa Marchesoni
Today, I will talk about the recent creation of really intelligent machines, able to solve difficult problems, to recreate the creativity and versatility of the human mind, machines not only able to excel in a single activity but to abstract general information and find solutions that are unthinkable for us. I will not talk about blockchain, but about another revolution (less economic and more mathematical), which is all about computing: quantum computers.
Quantum computing is not really new, as we have been talking about it for a couple of decades already, but we are just now witnessing the transition from theory to realization of such technology. Quantum computers were first theorized at the beginning of the 1980s, but only in the last few years, thanks to the commitment of companies like Google and IBM, a strong impulse has been pushing the development of these machines. The quantum computer is able to use quantum particles (imagine them to be like electrons or photons) to process information. The particles act as positive or negative (i., the 0 and the 1 that we are used to see in traditional computer science) alternatively or at the same time, thus generating quantum information bits called “qubits”, which can have value either 0 or 1 or a quantum superposition of 0 and 1.
Continue reading “How developments in Quantum Computing could affect cryptocurrencies” »
Dec 5, 2018
Quantum computers put blockchain security at risk
Posted by Derick Lee in categories: bitcoin, computing, cryptocurrencies, encryption, finance, government, health, internet, quantum physics, security
The longer-term answer is to develop and scale up the quantum communication network and, subsequently, the quantum internet. This will take major investments from governments. However, countries will benefit from the greater security offered13. For example, Canada keeps its census data secret for 92 years, a term that only quantum cryptography can assure. Government agencies could use quantum-secured blockchain platforms to protect citizens’ personal financial and health data. Countries leading major research efforts in quantum technologies, such as China, the United States and members of the European Union, will be among the early adopters. They should invest immediately in research. Blockchains should be a case study for Europe’s Quantum Key Distribution Testbed programme, for example.
Bitcoin and other cryptocurrencies will founder unless they integrate quantum technologies, warn Aleksey K. Fedorov, Evgeniy O. Kiktenko and Alexander I. Lvovsky. Bitcoin and other cryptocurrencies will founder unless they integrate quantum technologies, warn Aleksey K. Fedorov, Evgeniy O. Kiktenko and Alexander I. Lvovsky.