Sponsored : Participating in the IEO of CMA project on IDAX (www.idax.pro) is an amazing investment opportunity that you cannot miss

Crypto News

CMA project is building an Ecosystem for New Era of Decentralized Marketplaces.
CryptoMarketAds.com is the first fundamental product. It is a new marketplace
which solves all crypto advertising and marketing problems by connecting crypto
market publishers (influencers, social media, marketing companies, etc.) and
advertisers (crypto companies) in one place (marketplace is working already and
got over 600+ offers for sale just in 7 weeks after the launch). Also, this will help
crypto companies to promote their decentralized marketplaces which they will
build using other CMA products.
To create a decentralized ecosystem for marketplaces CMA project will develop
additional new products: new blockchain for marketplaces (“internet of goods
and services”to let any marketplace place their business on the blockchain), ICO
platform for marketplaces (to let new/old marketplaces get funding), the visual
drag & drop marketplace builder (to let anyone build their own decentralized
marketplace).
CMA is also world’s first IEO decentralized marketplace ecosystem project. The
IEO will be held on IDAX and at least 6 leading exchanges gradually and upon
Blockchain Research Centre). IDAX was founded in 2017, within several month, it
gained to be in Top 10 exchanges of CMC rank. IDAX provides users from all
around the world with convenient, safe and fast digital cryptocurrency transaction
service.
After launching Foundation in January 2019, IDAX has raised over $10 million
among private investors and is now offering IDAX users the opportunity to
support the BTD project by purchasing BTD (BitDisk) tokens.
In the past year, many blockchain projects staged so-called public sales of tokens
without a concurrent listing on a public exchange, increasing the likelihood of
fraud and security problems. As one of the world’s leading exchanges, IDAX values
every user and uses various ways to create investment value for users, such as
selecting outstanding projects and help users participate in project IEO,
maintaining our relationship with users from a long term perspective.
About CMA (https://www.cryptomarketads.com)
Based on trillions of market value of global marketplaces, CMA welcomes
worldwide marketplaces and users who can become a CMA blockchain nodes by
staking CMA coins in near future. Working together with all nodes of the whole
network, CMA will form specialized blockchain only for marketplaces, to ensure
high amount of transactions verification, characterized by globally-distributed,
always-on, never powered-off, remote disaster tolerant, secure and infinite
scalable capacity.
CMA project helps any marketplace, starting with small local marketplace till big
one such as aliexpress.com to put their business on CMA blockchain. At the same
time, the nodes will get corresponding CMA coins according to its comprehensive
contributions to the stable operation of the whole network. CMA incentive point
represents the total transactions of the whole network. The total amount of CMA
is limited and a part of CMA will be destroyed during the operation process,
therefore, it possesses powerful and inherent value growth impetus.
Anyone and anywhere in the world will build their own marketplaces using this
easy visual tool – visual decentralized marketplace builder. Starting from work at
home moms till big companies.
After building their own marketplace, people will fundraise money using CMA
coin for the new marketplace marketing and operations – ICO platform for
marketplaces.
For crypto advertising and marketing people will be using CryptoMarketAds.com
marketplace to fundraise funds for their new marketplace and get new users.
Marketplace publishers will lock-up up to 5 million coins to get 50% discount on
Fees. (1000 Publishers = 5 Billion tokens locked, huge scarcity)
From April 2019, taking the opportunity of IEO, CryptoMarketAds is attracting vast
new users through rapidly growing development, which drives CMA project into
high-speed growth.
By December 2019, CMA will expand into many new countries – Asia, Europe,
America.
By June 2020, TestNet of new blockchain will be launched.
By October 2020 CMA will be launching new blockchain and swapping CMA token
to CMA coin.
This ecosystem will make CMA coin one of the
rarest ones with highly specialized utility. It will
attract a lot of traders, contributors and holders.

Aion is the first third generation multi-tier blockchain network focused on interoperability between other blockchains on a global scale. There are hundreds of blockchain networks today and it is only logical to premise that they will increase in number. The Aion coin is going to be used for data and value exchanges, by enabling a trust less, smart contract between blockchain systems.

The token was produced by a Canadian blockchain enterprise firm Nuco, which was initially working on a blockchain solution for Deloitte, and in a nutshell the token will transform blockchain into some sort of decentralized internet. That could replace current database solutions as well, such as those used in health, insurance, streaming media, savings products, supply chains, etc. Aion is born out of the Blockchain Interoperability Alliance, in which many other projects on interoperability are underway, such as Ripple, the Fusion platform and the Lightning Network.

Cross chain technology strives to bring together many independent blockchain systems onto a single decentralized, world-class supported platform, using a ‘token-bridge’. For example, if a business is run on a specific blockchain network, clients from other blockchain networks can also transact with that business.

Aion has also partnered with Moog Inc, to build a blockchain solution that will propel the aerospace and defense company into the fast evolving crypto world. The company also partnered with Amberdata, a data processing company specializing in blockchain intelligence, infrastructure, token utilization and transactions, and on-chain decentralized applications. In October 2018, Aion and ICON were both integrated into CryptoCurve Platform, which was the first to be launched through Wanchain’s WanLabs Initiative.

As regards performance, Aion current circulating supply is 291,866,662 out of an estimated supply of 465,934,587. The highest price peaked at $11.10 in January 2018. At the end of the token sale in November 2017, it had raised $20,000,000 worth of Ethereum and was an ERC-2- token on the blockchain. The Aion Bridge (launched in April 2018 and dubbed Kilimanjaro) allows the transfer of ERC-20 token on Ethereum to become native Aion coins. Aion is mined via a modified Equihash algorithm and has a bounty system that rewards community members who contribute technical support.

The token swap from ERC-20 to native lasted until November 30th 2018. It is accepted on several crypto exchange markets like BitForex, DragonEX, CoinBene, Binance, Bilaxy and BCEx, and trades over $4 million on a daily basis.

Aion founders stated that there are five types of users that can use the Aion blockchain:

  1. DApp developers – the lack of interoperability limits blockchain developers from making advised transitions across different platforms.
  2. Enterprises – crypto industries can now be easily connected seamlessly.
  3. Validators – people who monitor and validate blockchain ecosystems can now use a single platform to do the same.
  4. Bridge Builders who can scrutinize interchain transactions.
  5. Start-ups – cryptocurrency and blockchain is steadily being adopted worldwide and providing blockchain based solutions related to their niche will be more efficient via the Aion platform.

Aion’s future seems greatly achievable in terms of replacing the internet as we know it. Third generation blockchain evolution aimed at bridging participating networks is a crucial milestone that will hopefully be achieved by Aion and pave way for further implementation of projects in the background. If this works, cryptocurrencies that are open to adoption will gain value and stabilize.

 

 

 

Digital Asset Financial Exchange is a Chinese cryptocurrency exchange with its headquarters in Singapore. The exchange is owned by the company DigiFinex Ltd which is incorporated in Seychelles and exclusively caters to the Asian market. The exchange has risen to the radar of the online cryptocurrency community due to its heavy trading volumes that exceed $400 million daily, coming into stiff competition with Binance, which has dominated the exchange market for a while now.

This is no mean feat considering that there are over 500 active crypto exchanges worldwide with a user base of more than 34 million crypto wallet holders. DigiFinex was incorporated in 2017 and have astonishingly managed to establish themselves as a trusted digital exchange. Apart from trading their own coin, DigiFinex coin, DFT, the exchange provides trading services for many blockchain based assets, including recently launched Gemini dollar.

The DFT token is an ERC-20 token based on Ethereum smart contract system, with a liquidity value of $2.1 billion according to CoinMarketCap.  One of the reasons why the volume on this platform is so high is that the company’s client base is strictly in Asia, which contributes to the bulk of daily cryptocurrency and digital asset trading more than anywhere else in the world. DigiFinex has a special quality in that its customer protection is its paramount selling point.

Annual audits are conducted by investors, in addition to the fact that the exchange company is one of the few that are SOA audit certified. So far, the company is yet to be subjected to a single security breach event. DigiFinex founder Ned Kee also stated that the company does not delve its resources into marketing but instead the bulk of their budget is spent on security and performing identity verification according to KYC requirements.

This is not only towards their clients but also their listing policy is very strict for interested parties that intend to list their projects on DigiFinex. The potential projects undergo a vigorous verification process which is then submitted for voting and cooperating. In a nutshell, the voting process is based on the volumes of the proposed token to be listed. As such, the token is run for a five day trial and if the trading volume drops below 200,000 CNY per day, it is promptly delisted. This policy is also applied to assets that have lost 90% of their initial valuation.

Another feature of the exchange platform is its real time accounting and transaction processing service. This is the case for single wallet users or multi-layer wallet holders, which is enviable considering the collective different signature addresses. It is probably for this reason that their trading costs are a little friendlier than most crypto exchanges. It charges a standard fee of 0.20% competing with the 0.25% industry average. On Binance, there is a 25% on all fees paid in the DFT token.

DigiFinex also provides a reward system for trading with their native DFT token. Rewards can be obtained when a user locks the tokens and completes specific trading amounts. It also supports 149 trading pairs like BTC/USDT, BCH/USDT, LTC/USDT, ETH/USDT and many more. The trading model is very similar to that displayed on Binance, including the rewards system which depends on the volume of trading accumulated between makers and takers over a 30 day period.

In 2018, the company launched a limited period DFT mining exercise that lasted from April to August 21st. the mining exercise practically catapulted the company from 50th position to 11th in a few months. The reason they halted mining was so as to prevent an overflow of DFT which would lead to a decrease in value, which was a smart move in my opinion.

However, the exchange is not all rosy as there are a few limitations that I need to point out:

  1. The application is only available on iOS based devices meaning a lot of potential clientele is losing a great opportunity to trade on the platform.
  2. The application is not very advisable for seasoned traders due to the fact that their trading features are very limited, such as the fact that there is no stop order or margin trading.
  3. Since the exchange services are geographically limited, there is absolutely no way to open an account from say like the US, which again limits participation and in a way sort of makes Binance a preferred choice, due to global expansion.

What are your thoughts?

 

 

 

 

 

                  The Aerum ecosystem offers a decentralized hub

The Aerum ecosystem is presented to the crypto sector with a platform for the disruption of the sector. In itself, it resembles the increasingly common Hubs. A Hub is a space (virtual or physical) where entrepreneurs come together creating synergies. Their influence is, sometimes, so great that they convert in favor of optimizing the usual model of the sector; see both in its complete remodeling and digital replicas. This creates new paradigms in traditional sectors and opens the door to new sectors due to the great innovation that community work brings. It can be said that it offers a variety of options in most cases. And it can become a turning point for businesses with great possibilities of disappearing due to the obsolescence of their service.

The launch proposal consists of providing a complete infrastructure for financial applications without permission (free participation). These applications can serve a decentralized economy, with transactions in real time and free for consumers. At the same time, the whitepaper talks about “an almost unlimited scalability”.

 

                        Proposing scalability and performance solutions

It has been corroborated in recent years that scalability is a problem in the long term for moments of maximum participation in the network. Aerum offers a service platform ready to launch financial markets, prediction markets, gaming ecosystems through its unique offer of tokens, and more details to unveil. However, Aerum plans to become the number one platform based on Ethereum. It is not an easy challenge and will require giving the best of themselves by every member of the team.

The provision described by the project says that its participants can achieve virtually unlimited scalability. This would happen through the construction of decentralized sidechains networks. All this is due to the high performance of Aerum and the low costs, both of the ecosystem for creation or emission of markets, and of current use for users.

 

                        The Aerum ecosystem does not seek to compete with Ethereum

The goal of Aerum is not to compete with Ethereum, the giant that occupies the Top 2 of Coinmarketcap. In a different approach to competing, complementing Ethereum as a high performance dApp platform with decentralized management is the premise. Instead of a single-operator Plasma side chain. Meaning a symbiosis in the field of market creation and decentralized use cases.

Since the crypto market began its gradual decline, the list of competitors with Ethereum continues to grow. However, this complementation approach preserves the competitive spirit while creating synergy between the platforms. The Aerum roadmap includes the creation of a high-performance cross-chain DEX. So the options to interoperate are a reality. Another striking aspect is the creation of a cross-chain token payment protocol. Without a doubt, a project to take into account. It must be said that the Aerum team has not hesitated to take into account the atomic swaps.

 

                        Aerum ICO enjoys good health

Throughout 2018, the demand of investors combined with a bear market was a time bomb for ICOs. It could be noticed in the activity and volumes. A small percentage of the projects launched in the first half of 2018 reveals that the correction reached each area of ​​the sector. In the ICO model of Aerum, a division by phases or stages is appreciated. During these phases, the incentives to participate as an early adopter are gradually reduced. At the moment of the creation of the article, 4,122,639 dollars of investment in XRM tokens (Erc20) are calculated. Exceeding in a comfortable way the 3 million euros of Soft Cap (minimum collection required in order to continue with normality).

The process, which surpassed the equator of the initial sale phase weeks ago, presents some enviable numbers. The total of initial acquisition phases is 12 (of which 9 have ended). The final stage closes the ICO at a price of 0.4 ETH per 1000 XRM. It would not be surprising that it ends up reaching the Hard Cap (maximum collection). We share here a table of available bonds to reward the strong investments:

 

  1. Obtain Tokens, more than $ 500  +5%
  2. Buy Tokens, more than $ 1000  +10%
  3. Get Tokens, more than $ 5000  +15%
  4. Obtain Tokens, more than $ 10000 +20% 
  5. Buy Tokens, more than $ 20000  +25%
  6. Get Tokens, more than $ 50000  (negotiable)

 

 

Compliance with the Aerum route map

To date, each objective has been rigorously met within its stipulated period. The token can be purchased in two reputable exchanges: Latoken and ExMarkets. In the coming days, the launch of the Mainnet network will be a reality, including the implementations mentioned below:

  • Ortus v1.0.0 dxPoS consensus. 1st step implementation.
  • Delegated nodes
  • Servers for transactional gateway portals.
  • Mobile & web wallet.
  • Blockchain analysis and statistical tools.

 

                        In short, the versatility of the project together with its compatibilities offer a great ecosystem

The system described in the whitepaper facilitates transfers of tokens in a secure environment (including atomic on-chain and off-chain swaps). Therefore, a highly decentralized consensus algorithm, decentralized token exchange, software integration toolkit (fully developed for users / merchants), decentralized applications (dApps), marketplace and various liquidity providers. A complete service that will give a lot to talk about. With Aerum, any company can build a reliable, scalable and decentralized blockchain solution quickly and easily.

In the second part of the year it is estimated to have reached the third implementation of Ortus (version Ortus 1.3.0). With the third implementation, the function that has seemed most interesting is integrated, PetalChains. In short, a turnkey solution of unique scaling for Aerum. This type of scaling allows delegates to launch chains designed to scale even further. After said scaling the performance of the applications rises sharply; up to figures close to 100,000 transactions per second.

 

                        The cover letter stands out for clarity in its approach

Aerum provides an entire ecosystem designed to meet the growth of the next waves of adoption. The use of Aerum PetalChains, a multi-chain escalation solution in combination with atomic exchanges, guarantees revolutionary improvements compared to transactions in the Ethereum network. For technical and ethical reasons, for a large part of the sector it is vital to maintain P2P financial interactions. It is a surprise the choice of configuration, with free transactions in real time, building a highly decentralized platform. The intelligent contract protocol is optimized for tokenization and financial confidence.

 

                        Special features

– Aerum is a decentralized platform targeting enabling small and medium size businesses to build Fintech solutions, tokenize their economies and reward programs, enabling P2P markets.

– Aerum team developed a blockchain protocol that offers free transactions to consumer in a real-time fashion, provides stable performance and high throughput (above 800 transactions per second measured) to business participants for building dependable systems.

– Aerum had developed a cross-chain Proof-of-Stake consensus protocol with economic model built to incentivize business application owners to become Validators on the network and get access to free transaction execution to subsidize transaction costs for their customers.

– Aerum protocol is governed and powered by XRM ERC20 token, used to stake the network though use with Aerum’s governance smart contracts on Ethereum mainnet, there are 1 billion XRM tokens minted and no more can be created.

– Aerum is launching an Aerum blockchain mainnet Ortus 1.0 with its selected partners on March 20th 2019 with a firm goal to implement a first protocol upgrade ahead of schedule, by the end of April 2019, which will add important key protocol elements to the mainnet Ortus 1.1, such as: Masternodes, Aerum Hearbeat protocol, Aerum TrueChain (nothing at stake/forking attack prevention) and Stake Reward facility.

– Stake Reward Facility launching with Ortus 1.1 will be loaded with over 30% of minted tokens that will be distributed on the weekly basis to all network staking participants on pro-rata principle at rate of 0.5% of remaining tokens per week, starting with 1,500,000 XRM tokens first week of May 2019.

– Aerum is preparing to launch a B2B Cloud Blockchain company focusing on providing commercial integration, maintenance and SLA blockchain service provisioning to business participants to speed up the real business case adoption starting with its already impressive partners portfolio.

– Aerum token XRM is currently offered to purchase on LATOKEN and Exmarket launchpads until April 1st 2019, when the full trading will go live and token offering stops.

 

 

                        Connect with Aerum and explore its ecosystem in the following links:

Web – https://aerum.com/en
Whitepaper – https://aerum.com/en/white-paper
Bitcointalk – https://bitcointalk.org/index.php?topic=5039141.0
Reddit – https://www.reddit.com/r/aerum
Aerum Telegram – https://t.me/aerum_official

 

 

 

Due to the increasing popularity of decentralized exchanges, many exchanges like EtherMium aim to offer more features than your standard DEX. With so many “non-feature rich” decentralized exchanges like EtherDelta and IDEX, which provide a very limited amount of features, EtherMium’s primary goal is to allow the same features found on a centralized exchanges within a decentralized platform, thus creating the best possible decentralized exchange available.

Like most other decentralized exchanges, they don’t require KYC from their users. You’ll also be allowed to trade within seconds of registering. The company is getting ready to launch their options trading solution as well as allowing the opportunity to invest in ICOs within their decentralized platform.

Regarding safety, Ethermium never holds any of their customer’s funds. These funds stay within their corresponding smart contracts, which if you’re not familiar with, act as independent programmable bank accounts. Due to this technology, customers are able to manage their funds independently without exchange owner intervention.

Regarding cryptocurrency selection, EtherMium offers a wide range of Ethereum ERC20 tokens that can be traded at any given moment. In the near future, the company plans on launching a derivative trading solution which makes it possible to trade non-Ethereum cryptocurrencies (Bitcoin, Ripple, Litecoin, etc) with up to 10X leverage.

EtherMium will also allow the trading of real world assets like commodities, company stocks, and indices. The company believes that a decentralized futures trading platform with the ability to leverage trades, will revolutionize the DEX trading world forever.

Last but not least, EtherMium plans to offer the ability to invest in ICOs while taking advantage of their security, anonymity, and decentralization.

EtherMium Features

First of all, the company makes it very quick and simple to start trading due to its decentralized nature. No longer do you need to register or complete KYC requirements. Simply create a new Ethereum based wallet, deposit your Ethereum into it, and start trading in minutes.

As you can see from the screenshot below, the EtherMium trading screen is very well-designed. It offers more trading options than any other current decentralized trading platform like stop limits and market orders.

The platform also offers extremely competitive trading fees along with no withdrawal or deposit fees. Their  current trading fee model allows market makers to trade with 0% fees while takers only pay 0.2%.

Future Features

The most revolutionary feature EtherMium plans to release is the ability to trade leveraged futures on a decentralized platform. This is currently unheard of!  This will allow investors to bet on the prices of certain assets including cryptocurrency, stocks, and other commodities.

The company currently plans on offering leverage up to 10X for starters, however this will most likely increase as the platform expands and gains more popularity. Their goal is to start leverage trading with available assets such as Bitcoin, Dash, Litecoin, and Monero. After such, they will deploy other trading channels with a focus on company stocks. After that, commodities will be added such as oil, gold, and other tradable assets.

Another noteworthy feature of EtherMium will be the ability to short an ICO. This is a feature that no other exchange can currently provide. This is yet another feature that will “game changing”, not only with decentralized exchanges, but within the crypto trading community.

EtherMium will soon release a mobile application which allows users to trade on any mobile application like Android and iOS devices.

Conclusion

EtherMium will most certainly change the way decentralized exchanges are perceived. Users will be able to secure their funds on smart contracts as well as the ability to trade other “non-cryptocurrency assets” you can’t currently find on other exchanges. With game changing features like DEX futures leverage trading and the ability to both invest in ICOs as well as short them, will undoubtedly create a frenzy of new users to their platform.

At the moment, the exchange currently has one of the most intuitively designed and easy to use decentralized trading platforms available today. With their soon to be released mobile app looking equally as appealing, I’m quite sure that the company will experience a flood of new traders that will look forward to trading on a decentralized exchange like they’ve never experienced before.

The air feels different during the autumn, which is around the corner here in the northern hemisphere. I must admit, I really enjoy walking down the street when it’s covered in colorful leaves. Can’t really say why, but it has always been one of those guilty pleasures of mine.

Now, more than ever, due to the crypto-market seasonality, I’ve become passionate about this period.

For the bitcoin bull-season is about to begin.

Prices don’t lie and, from experience, bitcoin doesn’t usually stay this stable for such long periods. At the time of writing, bitcoin is still below the USD $7000 levels; nonetheless, if we take into account the contrarian rule for investing, as well as the dynamics of volume and volatility when aligned to a spike in general people’s interest, we may be able to predict a significant rise in bitcoin’s price.

The absolute truth is that we haven’t seen such low volatility in bitcoin since last year, just before the most epic bull-run in history begun.

Plus, I can’t deny my guts.

There’s definitely something peculiar in the air, no denying it.

Is it the smell of fresh cash? Could it be a false sense of hope as some predicted we haven’t reached the bottom?

Whatever happens, the next couple of weeks will make waves that will ripple throughout 2018.

Something big is coming, and I feel it’s now time to play your cards.

–This article isn’t financial advisement as it represents my personal opinion and views only. I have savings invested in cryptocurrency so take whatever I write with a grain of salt. Do not invest what you cannot afford to lose and always read as much as possible about a project before investing. Never forget: with great power, comes great responsibility. Being your own bank means you’re always responsible for your own money—

Bitcoin’s Price Action

bitcoin price
Source: CoinMarketCap

Mati Greenspan, Senior Market Analyst at eToro, just shared with us an amazing piece from the Economist released in 1988 (20 years ago), discussing the need for alternative sound-money like currencies, detached from governments and political ruling. The title was spectacular for its publishing time:  “GET READY FOR A WORLD CURRENCY.”

Sadly, it seems most 21st century economists have put that idea into the let’s-forget-about-that bucket; however, as of 2009 Satoshi Nakamoto made sure we could all benefit from a proper P2P digital permissionless world currency, limited by mathematical parameters which give it sound-money-like properties; and today here we are again, discussing when its value should sky-rocket, like that’s an absolute certainty.

The Value of Bitcoin

The value of bitcoin is entangled to its massive store of value properties, as explained by Jimmy Song, long-time bitcoin developer and maximalist: the fact there’s a limited supply available, while it’s still easy to get and store makes bitcoin the perfect digital asset to use as money. However, nowadays it’s super straightforward to exchange and spend bitcoin, giving it unit of measurement properties as well.

To me, this is a joke. Look at the value of the global financial and assets market when compared to cryptocurrencies. If bitcoin is now worth about USD$115 billion, that simply means when 10 percent of all wealth shifts from stocks and gold into bitcoin, there will be about 7-8 trillion dollars coming into the market.

If a couple of million dollars in volume have such an effect on the cryptocurrency market prices, can you imagine the impact a couple trillion will have? At some point, we gotta ask ourselves: can bitcoin really hit $100k? What about $1 million per bitcoin?

I honestly don’t see why not. Nonetheless, can the opposite also happen?

Absolutely.

There are many factors which could potentially destroy the short-term price of all cryptocurrencies, such as bans, regulatory action, and price manipulation. However, in the long-run, no single entity can have such an impact on bitcoin’s price, as the more people who purchase bitcoin, the more distributed it gets. Right now, if you hold about 0.1 bitcoin, you are part of the top 1 percent who can ever own that much. This is, assuming in the future everyone owns just a tiny bit of bitcoin, due to the 21 million supply upper limit, 0.1 bitcoin becomes the necessary amount threshold to be part of the top 1 percent people in the world with the most bitcoin.

Surprising, right?

Looking at the market through optimistic lenses, I truly believe sooner or later the price of bitcoin will explode. That’s what history tells us, plus, in the long, long-term I personally don’t think any fiat-currency will ever be able to compete with bitcoin’s sound-money logic.

When Will Bitcoin’s Price Rise Again?

World GDP Growth, 1960-2017. During this 57 year period, the world’s wealth 80x in value

I’m usually quite patient and try not spread FUD or FOMO; however, it seems the “planets” are aligning, and we might soon experience a bull run like last year’s.

That alignment can be represented by a couple of historical factors, which have been connected to huge bullish seasons; from seasonality to people’s overall interest in cryptocurrency and powerful TA indicators, there are common grounds for a huge price swing. Let’s discuss them below.

(1) Seasonality

Bitcoin’s price from 2013 to 2018. We can clearly see during most Q4s, price has mostly skyrocketed

The core argument for most people, why bitcoin’s price is about to moon, is linked to the crypto-market seasonality; this is, during the last quarter of the year there seems to be a sudden spike in cryptocurrency prices. It has happened a couple times in the past like from 2013 -> 2014, 2015 -> 2016, 2016 -> 2017 and, finally last year, from 2017 -> 2018.

If we take into account mathematics and the theory of probability, looking at the past 5 years, there’s only a 20 percent chance bitcoin’s price won’t rise; that is, since 2013 to 2018 bitcoin’s price skyrocketed 4 out 5 times.

I mean, those odds are pretty great.

Should we ignore them? Is there some other factor correlated to bitcoin’s price we cannot foresee? Some “randomness,” per se, linked to the price, we cannot comprehend?

(2) People’s Interest

Google analytics: bitcoin

One thing’s for sure: the number of people looking up bitcoin seems to be directly correlated to its price. This is, whenever bitcoin’s price goes up, people go crazy and start looking up bitcoin on google. That’s also a trait of dumb-money, to become interested in an asset after the price skyrockets. What’s the purpose of investing if you’re already sure you’re haven’t caught the bottom or at least a nice price-level that lowers your risk?

That’s the role of smart-money: whales, financial institutions, funds, and whatnot, decide when the price goes up by purchasing directly in the market. If you’re looking to lower your risk, try to buy bitcoin when people’s interest is at its lowest, as historically this is when prices are at their lowest levels too.

If you’re looking to widen your knowledge on how social media predicts bitcoin’s price, you can read this great paper published in 2015, which aims at answering just that. Another report from Business Insider published in late 2017 also came to the same conclusion, that prices and Google searches were highly correlated.

(3) Technical Analysis (TA)

To most of you, this is what matters the most, right? Good old price analysis, the purest form of technical analysis there is.

As this is not my field of expertise, I’ll be borrowing knowledge from some experts like Mati GreenspanAlessio RastaniDatadash, and SunnyDecree. There’s plenty of others you can follow on YouTube, Medium or Twitter, but these are some of my preferred analysts!

The overall sentiment is that we should expect something big to come in the next couple of weeks. There’s an array of factors which contribute to their stance, and I too believe, most are logical and corroborate our previous analysis of seasonality and people’s interest in points 1 and 2 respectively.

What is the Bitcoin Price Telling Us?

For the past few weeks, volatility has been at its lowest levels since 2016. That means price swings are very unlikely to happen, as long as volume stays low.

Although you might think the outlook is that of a bearish market, one thing we need to understand is that tipping points happen whenever you’re not expecting them.

Currently, bitcoin is clearly oversold. The fact there’s not much interest in trading bitcoin (look at volume) also means price swings are very unlikely to happen (look at volatility). Both factors aligned with people not being interested in bitcoin (point 2) shows a very pessimist view.

However, this was the exact outlook of the cryptocurrency market immediately before every major bull-run. Just look at last year’s!

Now, to enter a proper bull-run, a few check-boxes need ticking, as our dear TA experts point out:

  1. Fresh cash must enter the market through exchanges, exponentially increasing volume (sorry OTC traders, it’s time to move into the real world).
  2. With a proper increase in volume, short-sellers will go bust, increasing the short-term price of bitcoin.
  3. Bitcoin needs to break-out and annihilate the current price-wall sitting around the USD $8000 level.
  4. The 100-day moving average needs to surpass the 200-day moving average.
  5. The 50-day moving average needs to surpass the 100-day moving average.

We can obviously infer that a price increase will lead people to regain interest in bitcoin and start purchasing again due to FOMO.

Conclusion

If a bull-run is about to come that would be a great indicator of the current bitcoin seasonality, which may soon be gone, as the more cash enters the cryptocurrencies market, the less impact one single dollar has on the overall price.

Meaning, the higher the overall volume and the more distributed it is, the less likely manipulation of bitcoin prices is to happen, making it a more stable medium of exchange.

Is the bullish season open for business? No one really knows. Looking at different indicators seems to point in that direction.

The only thing we ought to do is to wait patiently and see.

If you’re looking to learn more about different cryptocurrency projects, check this article.

With the explosion of cryptocurrency, more online gamblers have demanded that casinos open up their spending options to this new digital asset, which seems to be a “perfect match” for these type of platforms.

FortuneJack is one of those platforms that not only accepts crypto, but gives you rewards for using it (we’ll cover more on that later). This extremely popular online casino  caters “primarily” towards the crypto industry. With a wide selection of games, deposit bonuses, and a loyalty club where you can earn up to 20% cash back, there’s no dispute as to who is the true “king of the crypto casino”.

FortuneJack is also toted as the biggest Bitcoin gambling site on the internet. At the moment, it has a total jackpot of over 202 BTC with nearly 19 million individual bets placed. With almost more benefits than games, the platform’s latest “Booster Pack” promo package, ensures that new users have an incredible opportunity to make a small fortune while simply learning the ropes of the platform.

So let’s start off this review on the right foot and cover a few of the specials that FortuneJack has to offer.

FortuneJack Specials

Welcome Pack Special – the casino offers one of the best free specials for new players we have seen to date. You don’t have to put a deposit down and you’ll get 25 spins just for registering on the site.

Deposit Bonus – If you want to actually make a deposit, FortuneJack is offering a 110% bonus deposit (as long as the deposit doesn’t exceed 1.5 BTC). They’re also offering 250 free spins as a little “icing on the cake”.

Wednesday Low House Edge – This is probably one of the more unique offers out there. On Wednesdays, they have a special day called “Dive Day” where the house edge is only 0.7%.

Cash Back – They offer a 20% monthly cash back for everything you lose on the site, which is unheard of for most gambling sites.

fortunejack specials and promotions welcome back btc

FortuneJack Registrations

One of the many great aspects to FortuneJack is how easy they make the sign-up process. This is an important component I tend to look for when reviewing any gambling site, as most make it more complicated than it should be. The team over at FortuneJack, has made it extremely accommodating for new users as it’s as easy as clicking the “Join Now” button and filling out a small registration form, in order to be up and running almost instantly. With no deposit requirements for new members, you can get started right away with little to no risk.

FortuneJack Promotions

Another area where FortuneJack stands out above the rest of the competition is the fact that they introduce so many really great promotional offers on a weekly basis. The company also does a lot of holiday promotions, even for dates like Black Friday and Christmas. You can view their most recent promotions by clicking here. There are some promos that other sites would never even consider, like giving new users free play credits without a required deposit.

fortunejack promos and specials

FortuneJack Games

FortuneJack has always gone above and beyond your typical online casino when it comes to offering a wide selection of games to choose from (many of them are  live which adds to the excitement of playing).

For example, they have nearly 900 slot games alone with cool graphics and animations like the Greedy Goblins, which is one of the crowd favorites and is only available on FortuneJack. Some of the other games include Tesla, Frozen Diamonds, Super-Fast Hot Hot, Booming Bananas, Lucky Seven, Rock’s Revenge, Billyonaire, Big Panda and a lot more. Those are just some of the most popular slot games on the site.

evoplay games on fortunajack casino bitcoin gambling

If you enjoy games that are a bit more random or luck based, you’ll want to head over to the lottery section and take a look over their vast selection of Keno games. We have to warn you though, Keno is one of the worst games you can play in terms of odds and this isn’t the fault of FortuneJack. The odds are inherently against you, no matter where you play. However, while composing this review, we found that FortuneJack has some pretty decent odds with regard to their bingo games, if you’re looking for a more “Keno style” gaming experience with better odds.

Many users enjoy the live casinos which can be categorized into 3 different categories.

Bet Games TV – these include games like dice, poker, wheel of fortune, lucky 7, lucky 5 and more.

XPro Gaming – you’ll find a lot of popular card games like different variations of poker, Texas Hold’em poker, Baccarat, Blackjack and if you’re tired of card games, head on over to the roulette table.

Evolution Gaming – this section includes many card games such as blackjack, baccarat and a vast array of poker variations.

FortuneJack is Mobile Friendly

mobile online gambling casinoOne of the things I look for when reviewing an online casino is if the site is truly responsive. You’d be surprised at how many online gambling sites are not, or simply don’t fit within your mobile device properly. Every single website out there should be fully responsive. It’s  2018! We live in the mobile age, so for a reputable online gaming site to not be mobile responsive is pretty unprofessional. We’re happy to report that the site works very well on every single mobile device that’s been run through our list (iOS, Android, Opera, etc).

The user interface is very clean and tidy, so you won’t have to worry about annoying pop-up advertisements blocking your view. You won’t have to click off any unneeded elements that some online gambling portals like to include within their navigational interface.

FortuneJack Payout Methods

crypto payout bitcoin gambling siteBeing that FortuneJack is a crypto casino, you won’t have to worry about absurd fees like PayPal or  local bank fees because you can withdrawal directly to your BitGo account, which is something fairly new to FortuneJack. If you withdrawal 1 BTC or lower, then you won’t pay a fee on the withdrawal, but you’ll pay .1% on withdrawals over 1 BTC, which is a pretty low rate when you compare it to other cryptocurrency casinocs.

Some of the payout methods included are:

  • Litecoin
  • Dash
  • Dogecoin
  • Zcash
  • Monero
  • Ethereum

FortuneJack Customer Support

If there’s an area that we can feel confident about giving a 10/10 recommendation for, it’s that FortuneJack has absolutely the best customer service and support around. The casino has 3 main methods of contacting them. You can either:

  • Send an email through their contact form (this is the slowest option)
  • Send an email to their customer service directly (these are usually answered within 24 hours)
  • The quickest option is to contact them through their live chat and you’ll get a response right away most of the time.

They offer 24/7 customer support, so even if you’re playing at 5 AM, someone will be available to help you.

FortuneJack Overview & Ratings

fortunejack remarks rating reviews commentsOne of the best things about FortuneJack is their game selection, support, and incredible gaming odds. You can play nearly 1,500+ different games with a vast selection of live games to choose from. I’d give them a 10 out of 10 for their selection of games to play as well as the payout of those games. I found that they offer a high payout as compared to other online casinos (especially crypto gambling sites).

Their customer support is always available and ready to help at a moment’s notice. The fact that they offer a live chat support is a great benefit to offer their users as resolving issues as soon as they arise can quickly set your mind at ease. They don’t offer a telephone number for more personal support but their live chat is extremely fast, so we’d give them a solid 9/10 in this area, for most online gambling portals don’t tend to offer phone support.

As far as their payout and banking methods go, there are so many different options that no matter what currency you’re looking to cash out in via BitGo, they can accommodate, at least for all the popular ones. Payouts are quick and painless. The withdrawal fees are extremely minimal as we covered above. There substantially smaller than your typical online casino (and lower than most crypto casinos). Again, they get a solid 10/10 in this area.

The navigation and user interface is really clean, even if you’re playing on a mobile device, the entire site is completely responsive. I love everything about the overall design. You can tell that the graphic design and development departments for FortuneJack are top-notch. They get a solid 10/10 here too.

Regarding bonuses, the company offers a huge variety of specials and holiday promos. They also include a lot more bonuses for newcomers than most sites do, so we give them a solid 9 out of 10 with regard to this aspect of the business.

FortuneJack is one of the most acclaimed cryptocurrency casinos in the world and it’s easy to see why. I can recommend them without any hesitation and have never had any major complaints about them.

Detailed Video Review

Pros

  • There are nearly 1,500+ casino games overall.
  • You get a lot of deposit bonuses, they’ll offer some great matches to your deposit and will allow you to try out the casino for free without making an actual deposit.
  • The casino was established in 2014, so you can rest assured that the management and staff are very experienced as the casino is tightly run.
  • FortuneJack has a very large selection of live casino games within their massive pool of 1,500 games.
  • The company offers one of the most intuitive designs within the online gaming industry.
  • Top-tier technical and customer support for everyone, regardless of how much you’re spending.
  • One of the fairest dice games out there with the lowest house edge and great odds on most of their slots and video games.

Cons

  • You’re pretty limited on your free spins you get, so if you get 250 free spins, you have to do 50x wagers, which only lets you do 5 free spins before you need to deposit money.

For a  review on the Top 3 Online Bitcoin Gambling Sites, check out our detailed comparison here

In my latest couple of articles I’ve been kind of focused on Bitcoin and its underlying technology, the blockchain. I discussed the lightning network, why I see Bitcoin as the King of Kings and, of course, why so many people mistake blockchain for DLTs.

It’s time to take these articles one step further and look into different technologies and projects.

I’m also going to completely ignore price for a while, as I’m not a professional trader (nor investor), and I know technology and price rarely come hand-to-hand.

Also, I’m going to assume a great deal of you have lost during the last couple of months, so I’m going to give you my rather positive outlook for the medium-term and why this technology is unstoppable; meaning, if you hodl your crypto, you’ll eventually see some profits.

Unless you mistakenly invested in absolutely shitty ICOs.

If that’s the case, just do like a proper ship captain would: accept the outcome and go down with it. It’s pointless to sell an asset that’s +90% devalued. If you disagree, repeat after me:

  1. I won’t invest what I cannot afford to lose,
  2. I Will buy low, and sell high.

I tend to see market cycles as mini-bubbles, constantly growing and then exploding, which gives me enough confidence to understand the reality of things is rather generous: if you do follow the above rules, independently of the moment in time you have invested in, there’s a high chance you can still profit from your bags. Just hang on to them a little longer. Some expert crypto-traders agree there could be a rally during October, which could potentially last until the end of the year. Will this be the case? Prices’ history does not repeat itself, but we can surely learn valuable lessons from it.

Now, to the good part.

Which Cryptocurrency Projects Do I like?

As I’ve previously pointed out, some main concerns of people involved in crypto-trading and investing seem to be about scalability and user adoption. Of course, as the two issues remind us of the chicken and egg problem, we could argue: either some major cryptocurrency like Bitcoin or Ethereum scales due to a technological breakthrough, like the Lightning Network, PoS and sharding, or it goes the other way around and people adopt cryptocurrencies due to a number of different reasons, such as the actual need to use a decentralized, peer-to-peer, digital currency – think of Venezuela, Argentina, soon Brazil? – or the fact people like to speculate on highly unregulated markets (as it sort of allows anyone to do major manipulations and just gamble money away).

In line with those issues, I’ll discus two projects which show great potential by promoting different ways to scale: Ethereum and Stellar.

Both remain my top 2 choices, for the time being.

Ethereum

The first real bitcoin contender, as so many of you like to put it.

The playground of ICOs. The magic land of assets tokenization, where anything is possible.

I remember at some point people talking about the flippening, when Ethereum would surpass Bitcoin’s market valuation.

(and then you want me to think we behave rationally? Good lord)

Ethereum was the project that really drove my curiosity about cryptocurrencies. The first paper I actually digested was Ethereum’s; and, oh boy, did I like it!

The concept of tokenizing, virtually anything, made my feeble little brain explode with ideas. And I wasn’t alone, as the more I felt down the rabbit whole, the more projects I would find taking advantage of a new way to create value.

If you’ve been here long enough, you’ve heard about a million master-gurus saying something like:

The Ethereum Ecosystem

Although I do enjoy thinking how wonderful it would be to have a decentralized world where all materials, products and things in general could be registered into a blockchain, I wonder “how useful would that really be?”.

I do not doubt there are projects in ethereum like Modum or Wabi, which aim at actually making a significant impact on how supply-chain management and distribution businesses operate (in terms of transparency, that is). Is it working? How far have they gotten? Is there a real need for these types of applications?

There are quite a few mixed opinions on the matter, but the truth is, success depends greatly on adoption; and adoption depends on either speculation or rewards.

A quick visit to WaBi’s website, for example, shows a business that registers milk-products onto an immutable and transparent ledger, so that citizens in China can feel safe about buying milk for their babies. This is actually a huge deal.

But, what about user rewards? Loyalty points, insurance schemes and other partnerships don’t seem the right way to go, according to some opinions. You might even ask if a blockchain is needed for that sort of rewards distribution. Does this company really need a token in their ecosystem?

If we are to live in a non-authoritarian system, then I see not one  single currency, but a plurality of cryptocurrencies, behaving differently according to its proposed intentions. You can have assets, some behaving like stock (paying dividends and such), others giving its users the power to vote within a given community, or even allowing people to register information (land? deeds? In-game items?) representing a physical  or virtual asset. Whatever end-result you want to achieve if you can do it through decentralization, by giving a proper incentive to your user base, isn’t that what matters?

It’s a win-win scenario. The more companies compete to provide better incentives, the merrier. There are more twists and turns around the proper application of rewards and their ultimate effectiveness, yet, the underlying hypothesis of decentralization and community-driven collaboration is on the assumption the more you give, the more you receive: it has been discovered, apparently, we are not single-minded beings focusing simply on our well-being and maximizing our utility; at least not one hundred percent of the time. Nor we base our decision-making process on rational thoughts.

If by using some application (like sharing resources) I can now  easily receive rewards, loyalty points in the form of tokens, and I can also trade those assets for one another who’s to dictate what the real value of anything is?

To answer the question of Ethereum’s real value (and utility), as a medium to create and exchange value, we need to first understand the goal of its currency.

The Purpose of Ether

Recently, an article arised around the usefulness of Ether. The gist of the whole thing was that the Ethereum network should allow for different tokens to be accepted to pay for gas, which would undermine the need for a native currency.

I admit, at first i saw it as nonsense. Why would anyone want to accept erc20 tokens? They’re just a mask on top of ether, using its core functionalities. In my mind I’ve always seen Ethereum as a framework, or a toolkit, allowing developers to create products on top of a decentralized network. Of course we’re still in its infancy, and due to the “lack” of perceived progress, people tend to come out with strong-minded arguments on the value of things. I remember the exact same line of argumentation when the colored bitcoin update was being discussed.

Still, isn’t the author’s critique valid? What is the value of Ether, if there isn’t a need to pay fees with the network’s appointed currency?

None whatsoever.

If we all choose to not use Ether and instead some ERC20/223/etc token, while at the same time miners also accept those tokens as a payment for including a certain transaction into a block, then there is no purpose for Ether (except if people still want to use it).

As Vitalik puts it:

In Ethereum as it presently exists, this is absolutely true, and in fact, if Ethereum were not to change, all parts of the author’s argument (except the part about proof of stake, which would not even apply to Ethereum as it is today) would be correct.

Ether’s current value is to secure the network. In the long-term, when Casper, sharding and atomic swaps are all in place, then I see no reason for people to be subjugated to using Ether to pay for gas fees. Let them use whatever cryptocurrency they want.

The purpose of Ether is to pay block creators for helping us reach consensus. Hence, even if we allow users to pay fees with tokens, miners will receive block rewards in eth. Which they will need to sell to convert into btc, usd, etc. If there are no buyers, then what happens to the price?

It goes down the sink. And no miner/staker (when PoS arrives) wants to hold a devalued asset. We would then have to allow for multiple tokens to be awarded to miners for creating blocks, as well.

This whole idea seems way too troublesome, to be honest. Why wasting time complicating everything? If there is pressure from both the user and miner communities to allow for other tokens to be paid as gas, then the development team should probably heed the call. Even though my gut tells me the likelihood of said proposal having a devious intent would be great, in fact.

Until then, why bother?

At the end, what do you do with that kind of information? I mean, if that happens to Ether because people prefer to use tokens, then so be it.

Isn’t that the purpose of decentralization? To allow people to chose?

At the same time, I would argue there are few too users who actually care about tokens or dapps.

State Of The Art Decentralized Apps

A mandatory metric for success, as we’ve seen above, is user adoption.

That’s not the case for Dapps, at least during the time of writing.

Just by looking at dappradar, a website focused on showing statistics about decentralized applications, we clearly see there isn’t much adoption yet.

Meaning, although  I absolutely agree with the author’s concern, it seems a tiny bit too soon to jump into any sort of conclusions.

Some takeaways from an amazing data scientist are:

  1. We are orders of magnitudes away from consumer adoption of DApps. No killer app (outside of tokens and trading) have been created yet. Any seemingly “large” DApp (ex. IDEX, CryptoKitties, etc) has low usage overall.
  2. All of the top DApps are still very much about speculation of value. Decentralized exchanges, casino games, pyramid schemes, and even the current collectible games (I would argue) are all around speculation.
  3. What applications (aside from value transfer and speculation) really take advantage of the true unique properties of a blockchain (censorship resistance, immutability of data, etc) and unlock real adoption?
  4. For new protocol developers, instead of trying to convince existing DApp developers to build on your new platform — think hard about what DApps actually make sense on your protocol and how to help them have a chance at real adoption.
  5. We as an ecosystem need to build better tools and infrastructure for more widespread adoption of DApps. Metamask is an awesome tool, but it is still a difficult onboarding step for most normal users. ToshiStatus, and Cipher are all steps in the right direction and I’m really looking forward to the creation of other tools to simplify the user onboarding experience and improve general UI/UX for normal users.

Even my project’s website, Bityond, gets more hits per day than some of these dapps. Why are we so hasty to pass on judgement?

I would think if users are rewarded their incentive would be to participate in as many networks as possible. Hence, crypto-projects might not necessarily be competing for users; there’s loads of room for Ethereum, EOS, IOTA, NEO and others to grow without trying to slam down competition.

There should be little room for maximalism of any kind, as it defeats the purpose of innovation.

Be classy, ladies and gentleman. We’re all on the same boat whether you like it or not. Don’t bash each other’s projects. That adds little value to the community. 

Ethereum’s future?

I know price action is the major roadblock for adoption; but the underlying values Ethereum holds and the constant development being done on its EVM, keep me quite optimistic about this protocol.

This is how cycles behave. When smart-money comes back again and the rest of the herd follows, then we’ll see projects releasing better updates and more positive news coming around. Let us be patient and wait for the bearish cycle to end.

Projects that have no purpose will most likely go away and investors learn two important lesson:

A) companies take time to build and,

B) You’re likely to make some bad choices in your lifetime.

If you still need convincing about the seriousness of this protocol, and you happen to be a big data lover, check out this tool released by our dear friend google, which let’s you run big-data queries on the ethereum ledger. It’s absolutely awesome. 

The purpose of making the Ethereum blockchain data accessible on Google Cloud is to make all data stored on the blockchain easily accessible. While Ethereum’s software contains APIs for functions that can be accessed randomly, such as checking wallet balances, the API endpoints are not easily accessible for all data stored on the blockchain.While API endpoints do not enable viewing blockchain data in aggregate, BigQuery’s OLAP features enable such analysis. The blog displayed a chart showing Ether transfers and transaction costs year to date, aggregated by day. Such visualization supports tasks like prioritizing changes in the Ethereum architecture, should an upgrade be needed.

Bonus: Stellar

I had to throw Stellar into the mix, as I really like how it works. Not only because I’ve played around with stellar labs and the documentation was incredibly detailed, but also because I think it’s a serious contender to Ethereum and Bitcoin – although it is more centralized from a  governance’s perspective.

Not that stellar replaces any, as it clearly doesn’t, but it can be used as an alternative by institutions and corporations to access the power of blockchain and trade amongst themselves; at least for the time being.

The way the stellar blockchain works is that it reaches consensus through slightly different mechanics than proof-of-work – called Stellar Consensus Protocol. It simply builds on the Federated Byzantine agreement which brings open membership and decentralized control to Byzantine agreement = Anyone can join and vote for the Federated nodes.

FBA determines quorums, or groups of nodes sufficient to reach agreement, in a distributed way. Each node decides which others to trust. Different nodes don’t need to rely on the same combination of trusted participants to reach consensus.

In FBA, each participant knows of others it considers important. It waits for the vast majority of those others to agree on any transaction before considering the transaction settled. In turn, those important participants do not agree to the transaction until the participants they consider important agree as well, and so on. Eventually, enough of the network accepts a transaction that it becomes infeasible for an attacker to roll it back. Only then do any participants consider the transaction settled. FBA’s consensus can ensure the integrity of a financial network. Its decentralized control can spur organic growth.”

Parties who have nodes need to be identifiable, not users, and you chose which line of trust you want to enable. It’s not as decentralized as one would hope, but then again we can’t have it all. Rather, i still prefer Stellar’s openness and transparency to NEO’s – especially as the later is not censorship resistant.

And Lumens?

As Stellar is a blockchain it needs a cryptocurrency; the Lumens (xlm),allow users to write transactions onto Stellar’s blockchain. These transactions also work as smart-contracts, in a sense you can create trust-lines to crowdfund a new asset (token) or release company shares, create bonds, or any many other types of financial instruments.

Stellar, as mentioned above, is nowhere close to being similar to Ethereum, or even bitcoin for that matter; a former fork from Ripple with a nicely tweaked consensus protocol and a set of huge corporations backing it up.

A great example of Stellar’s use-case is the partnership with Veridium Labsin order to sell carbon offset tokens on the Stellar blockchain. Each company has a role here with Veridium setting up the structure and determining the value formula. Stellar acts as the digital ledger for the transactions and IBM will handle the nuts and bolts of the trade activity of buying, selling and managing the tokens.

Hope you’ve enjoyed this little piece on two of my preferred projects.

If you’re like me and hate giving up your credit card information to some of these potentially shady online casinos or live in the United States where dealing with online casino transactions can oftentimes be a difficult and painful process. That’s where Bitcoin casinos come into play.

Not only can you gamble with complete anonymity, but you can rest assured that your private information is not released to more nefarious sources, where your information (email, address, phone number) is released but your bank account and credit card information can be sold. Cryptocurrency is perfect for this sort of thing.

Now the only problem is, with so many Bitcoin gambling sites out there today, it’s easy to get lost in all the hype of some of the more “unscrupulous” portals. This is why I’ve composed an updated list of the very best and most noteworthy Bitcoin casinos on the net.

Whether you’re a total novice or experienced gambler, playing on the sites I listed for you below are not only beginner friendly but highly addictive.

To all my US residents…

bitcoin casino gambling sites review cryptocurrency gamingYou’ll realize how relatively aggravating it can be to send over bank wire transfers, while submitting several forms of ID (sometimes including billing statements), taking selfie’s like you’re a self proclaimed convict, to only have your online verification turned down.

Due to the overwhelming demand for bitcoin gambling sites, you can use your money and start enjoying a round of blackjack within a matter of minutes. For those of you more experienced gamblers who have gone through the same arduous process, you’ll really appreciate speed at which you can get started playing your favorite online casino games.

There’s Comfort in Blockchain

With the inclusion of blockchain technology and digital ledgers, online casinos can’t rob us blind like some of the more nefarious ones in the past as everything is recorded on blockchain. This enables players like yourself to check and see if the games are provably fair.

This is truly an amazing time for players who would like to get started playing their favorite casino games, quickly and easily, without all the troubles you have to go through from fiat based casinos.

Sifting Through the Clutter

If you’ve done any research as of late, you’ll realize there are quite a few “suspicious” Bitcoin gambling sites out there. However, there are only a few that are worth mentioning. Many of these casinos are plagued with programming errors, unfair game tactics, lack of customer support, and just look downright cheap.

I’ve created this review in order to clear out all the clutter and differentiate the portals that will stay honest and fair, so you don’t have to filter through all the nonsense I had to before finding a few that were worth their weight in gold.

Here is some of the criteria that I  used to review each site…

  • Provably fair (very important)
  • Available to US residents
  • Payment terms including minimum payouts, accepted payment methods, fees, withdrawals, and deposits.
  • Top-notch customer support. This includes fast ticket response times, open social media channels, as well as online chat support.
  • Ease-of-use. Games load quickly without any glitches or errors.
  • Quality content, selection, and graphics.
  • Anonymous registrations allowing the ability to play without registering your name, address, etc.
  • Deposit and Withdrawal Bonuses/Giveaways

Now that I’ve covered the basic requirements I use to review, let’s take a look at the top 5 Bitcoin gambling sites according to my personal analysis and user reviews.

#1 FORTUNEJACK

FortuneJack was established in 2014 and is the most trusted Bitcoin casino out there. Not only are they provably fair , but they are also regulated by the Curacao government.

The online crypto casino is developed and maintained by Eastern Europe’s top software professionals. They offer the very best when it comes to a high-end, secure online gaming experience.

The developers at FortuneJack created this casino for both newcomers and veterans alike by designing a unique and carefree environment that would ensure consistent entertainment no matter what your gambling preferences might be.

It’s currently one of the most visited Bitcoin casinos to date.

The casino welcomes US gamers with over 720+ various games to play. One things for sure, you’ll never lack from the selection of games or suffer from boredom. If there’s anything bad that I can say about this casino is that they may have too many choices, which can be a bit overwhelming to novice players (34 blackjack variations, 19 live games, 900 slots, etc, etc).

With FortuneJack you can bring the online gaming experience to your smartphone as this casino is compatible with any iPhone, Android, and Windows based smartphone.

Deposits/Withdrawals

Deposits can be made through various cryptocurrency’s like Bitcoin, Ethereum, Bitcoin Cash, Monero, Zcash, Litecoin, Dash, and Dogecoin. Their list of acceptable cryptocurrencies is beyond what any other online Bitcoin casino offers at this time.

Your crypto deposits show up within minutes after a single confirmation. Payouts are processed in a few hours, but I’ve seen these show up as quickly as 30 minutes.

Your initial deposit gets a 100% match bonus up to 0.5 BTC and monthly reloads of 1 BTC.

Customer Support

The company includes a comprehensive online ticketing platform along with online chat. The also stay very active on their social media channels in case you like to get in touch with them there. You’ll even be provided with your own customer support rep as soon as you register.

Conclusion

One of the most updated, comprehensive, aesthetically pleasing Bitcoin gaining sites out there, FortuneJack offers a plethora of gaming options regardless of what your particular poison is.

The site navigation is extremely easy to use, with games that are categorized very well making it as straightforward as they come.

The casino has one of the most comprehensive game selections out of any online casino on the net today, let alone Bitcoin casinos. With your choice of live games, video games, betting games, casino games, lottery games, and many other subcategories of gaming experiences, you’ll undoubtedly never suffer from a variety of choices.

This was one of my personal favorite Bitcoin gambling sites as they simply offered everything that I could possibly look for within an online casino and make it very easy for you to get started. Their support was also top-notch and eager to please, making you feel right at home from the very get-go.

#2 BETCHAIN

betchain bitcoin cryptocurrency gambling site casino players and gamblers gaming
click to enlarge

Another more established Bitcoin gambling site,  BetChain was established in 2014, and was one of the pioneers to the online Bitcoin casino industry, when this phenomenon was relatively new. They recently decided to open their doors to other fiat currencies however the site is still widely regarded as one of the “early adopters” of the Bitcoin casino industry.

The company is also fully licensed by the laws and regulations of the Curacao government. Their security and anti-hack protocol is some of the best in the industry.

Welcome Bonuses

BetChain offers their newer players a nice welcome bonus. They now offer 100% welcome bonus up to 1 Bitcoin + 200 free spins. A minimum deposit of 0.05 BTC is required in order to qualify for this offer.

Deposits/Withdrawals

BetChain gives its players the chance to play using Bitcoin, Ethereum, Litecoin, and Dogecoin currencies. For those outside of the US, you can use both euros and the Russian ruble.

There is no minimum or maximum limits to deposit or withdrawal your funds. They even allow the ability to withdraw to other fiat currencies like the Euro and Russian ruble.

Withdrawals are typically subject to a 24 hour waiting period before processed. This is due to the fact that the casino employees employ a secure socket layer encryption system to ensure that all funds are protected from online threats.

Customer Support

The customer support over at BetChain has been fairly good. I never had to wait more than 24 hours for a response, however there has been a few negative reviews regarding lackluster support as well as wait times for verification.

Regardless if this is true or not, the casino has responded to these negative reviews with an explanation or an apology. This says a lot for their online reputation.

Conclusion

This well established and highly reliable Bitcoin gaming site should be placed high on your list if you love Bitcoin gambling sites as much as I do. They have an extremely large selection of slot machines (probably one of the largest selections out there) and are worthy enough to be considered one of the top online casinos offering both crypto and fiat funding options.

Bc new welcome   banner 728x90

#3 BITSTARZ

Welcome package bitstarz

One of the most popular Bitcoin casinos as of this release, BitStarz, offers 1200+ high quality games. Much like the other 2 Bitcoin gambling sites mentioned above, they were established in 2014, have provably fair games, and are regulated by the Curacao government.

This online casino is powered by the SoftSwiss gaming technology which provides an enhanced gambling experience. These games range from traditional casino games to highly addictive video games. The casino also offers live dealers, where you play in real time and compete against other live players. BitStarz  is also one of the most appealing Bitcoin casinos out there in terms of design.

Deposits/Withdrawals

There are many different ways to fund your BitStarz account. This online casino is to offer multiple currencies including Euro, USD, AUD, and British pound. Take note that there are processing fees involved with depositing funds into your account. Most of the payment outlets charge a 2.5% processing fee which allows your deposit to be processed immediately.

However, you’ll be happy to know that Bitcoin, bank transfers, and SoFort wire transfers do not deduct any transaction fee from your balance. This is yet another reason to utilize Bitcoin for your online crypto gaming needs.

Once you’re ready to withdraw your funds, you can choose whichever payment processor you’d like to have your funds sent to. This is what makes BitStarz  stand out among other online crypto casinos as it has the ability to process your transactions through various payment methods (much like BetChain).

Also worth noting, unlike the deposit fees, BitStarz doesn’t charge you anything for the withdrawals. You simply need to have at least 5 mBTC in order for a BitStarz to process your payout.

Welcome Bonuses

This Bitcoin casino offers their players a 100% match bonus of up to €100 or 1 BTC. That means if you deposit €100, you’ll receive €200 to gamble with. However that’s not all! BitStarz will award your second deposit with a 50% bonus which will be instantly credited to your account.

We’re not done there folks…

They also have a 3rd and 4th deposit bonus as well. As you can see it pays to be a low loyal customer of BitStarz as the more you play, the more bonuses you’ll receive. You can read more about their promotions and bonus specials located here.

Customer Support

BitStarz offers several support channels including live chat support, social media and email support. The company also has a sub Reddit where they quickly respond to user complaints which shows that they care about their customers and are willing to publicly help when called upon.

Conclusion

Overall the online gambling experience over BitStarz is beyond most other online Bitcoin casinos with regard to gaming features and the vast array of payment methods they offer. This company has been around for a very long time so you can rest assured that your gaming experience is not only secure but provably fair.

Deposits and withdrawals were always credited fast along with bonus opportunities that were beyond any that I’ve seen from some of the other Bitcoin gambling sites.

I highly recommend this casino to both novice and advanced gamers as they have a ton to offer both. The graphics and gameplay are beyond any that I’ve seen so far. You can check out some of their Bitcoin games located here.

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#4 CLOUDBET SPORTSBOOK

cloudbet online bitcoin gambling casino sites gaming
click to enlarge

CloudBet isn’t necessarily known for their online casino, however seeing that the 3 casinos mentioned above do not contain a sportsbook, I thought I’d include this in the mix as it’s one of the most noteworthy Bitcoin sports betting sites around.

You can clearly see that the company put a lot of time and money into the product as they not only contain sportsbook betting, but also a full Bitcoin casino and wide selection of live games.

CloudBet was established in 2015 and is one of the most impressive Bitcoin sportsbook gambling sites around. Both online players and industry experts alike agree… CloudBet is one of the best regulated fiat as well as crypto based sports betting sites around. You just can’t compete with the packages that CloudBet offers (covered below).

The company offers one of the most advanced Bitcoin sports betting sites on the planet. Everything about it is authentic, which many other sports betting sites seem to lack. The graphics, gameplay, and interface are just as polished as some of the world’s most elite online sports betting casinos, like William Hill and Pinnacle.

Sports betting includes all major leagues like EPL, Champions League, NFL, NHL, NBA, Cricket, Tennis, and even UFC.

Deposits/Withdrawals

CloudBet sportsbook is one of the very few to offer both Bitcoin and Bitcoin Cash deposits and withdrawals. All deposits are received directly into cold storage where your keys are kept safely off-line and away from potential hackers.

The company maintains a hot wallet which contains enough funds so that players can quickly withdrawal their amounts each day. Withdrawals are instant and typically processed within the same day.

Welcome & Deposit Bonuses

CloudBet offers some of the largest deposit bonuses available for any Bitcoin sports book on the internet today. First time deposits receive a 100% match bonus up to 5 BTC.

This is easily the largest match bonus limit across all online sports betting sites as it can easily award you with thousands of EUR, USD, GBP, or BTC. To top it off, players have a total of 365 days to clear the bonus once it has been applied to their account.

You’ll also be awarded bonuses by earning loyalty points, which CloudBet rewards for using both the sports betting and casino games. An award of 0.01 BTC will be released for every 800 loyalty points earned. As you can see the potential for large bonus amounts are extremely rewarding. This is yet another reason why CloudBet is a cut above the rest of the competition.

Mobile Betting

Even though CloudBet doesn’t offer a particular smart phone app, I found it extremely easy to view on both iPhone and Android devices. The pages are very mobile responsive and fits well within the layout of the screen.

The interface was very well developed to provide players with the best possible experience. All their games can be tested for free on your smartphone before making any deposits.

Conclusion

CloudBet offers the best Bitcoin sports betting platform out there. It’s very hard to find another Bitcoin sportsbook that even comes close to CloudBet offers with their various sports betting options and large deposit bonuses.

Support and live chat are very responsive and get back to you within a timely manner. The company clearly understands the importance of what sportsbook gamblers truly want… convenience and hassle free access to their most coveted sporting events.

Highlights include…

  • Instant withdrawals so that your winnings go straight to your account with the push of a button.
  • Every sport imaginable is covered.
  • The most impressive deposit and wagering bonuses around with a 100% match bonus of up to 5 BTC.

728x90 - Sports

Have Something to Add?

Post a comment below and let us know if you found any hidden gems or newer sites worth mentioning.

Also, let us know about some of your experiences with the sites mentioned above. If you had a negative experience, I highly recommend you take that up with support (or a corresponding subreddit) as most of these grievances can be taking care of internally.

Good luck and happy gaming!

 

The founders of cryptocurrency exchange Cobinhood are commissioning the development of a new blockchain capable of processing 1 million transactions per second, a massive undertaking given that Bitcoin transaction can take hours to complete and Ethereum transactions range from 1-5 minutes, with even Visa’s ~2000 tx/s being dwarfed in comparison.

The company behind the project is DEXON, which is focused on blockchain mass adoption within the banking industry and real-world application requirements.

DEXON reports that the new blockchain technology uses a blocklattice structure that meshes multiple chains together to form what the company claims to be an infinitely scalable, low-latency decentralized transaction processing engine.

The company was launched by the executive team of the zero-fee crypto exchange Cobinhood, and the $20 million funding round that just closed was led by IDG Capital, a venture capital firm which manages over $20 billion in assets. The funding round also drew investments from various angel investors.

While it sounds far-fetched, the company claim to have already recorded test transaction speeds at 50 blocks per second or approximately 1 million transactions throughout 25 nodes, with each block being 2MB and each transaction being 100 bytes on average.

blockchain
DEXON aims to use a so-called “blocklattice” structure to increase transaction capacity.

“Clearly, investors believe in DEXON’s ‘blocklattice’ protocol, which is underpinned by consensus algorithms that allow for transaction speeds competitive with major credit card companies,” said Popo Chen, founder of Cobinhood and co-founder of the non-profit DEXON Foundation. “In fact, we hope to partner with these institutions, as we’re now able to offer the same processing power without a need for centralization. Other than DEXON, current blockchain protocols can only process a few secure transactions per second, leaving them unable to keep pace with traditional solutions.”

Through the use of a blocklattice structure along with a total-ordering consensus algorithm, DEXON claims to be able to make decentralized transactions scalable. Unlike traditional blockchain systems that build encrypted blocks linearly, DEXON’ s blocklattice features multiple blockchains that work together in parallel, which DEXON execs say makes it easier to scale automatically and energy-efficiently.

“With its fundamentally new architecture, the DEXON network is poised to become the world’s first mainstream blockchain,” said Wei-Ning Huang, co-founder of DEXON. “Investors are recognizing that there is a problem with current blockchain technology, and that the protocol most focused on throughput and scalability will form the basis of Blockchain 4.0. These tests prove that the blocklattice works, and this funding is proof that investors trust DEXON’ s strategy over the long term.”

Launched earlier, the DEXON blockchain will be the fastest in the world by a long shot — if it works. The difficulties in scaling blockchains are well-documented at this stage, and with an enormous undertaking like DEXON it remains to be seen whether the block lattice structure can scale as advertised. However, if the design is as advertised, the blocklattice system may be about to make a major impact on the cryptocurrency and blockchain landscape.

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