#Bitcoin_price_in_use
#Bitcoin_price_use
#Bitcoin_INR #Free_Bitcoin
In this video Coti 15x coin for march 2021, I'll go through the the whole events & news of coti with technical analysis & used coinmomo to see event & news for coti.
Visit our site: https://www.youtube.com/watch?v=63k6hGSkuCs&t=20s
3/24/2021
The King buys Bitcoin
Mohammed VI had recently stumbled down a rabbit hole. Bitcoin. Ever since he started following US politicians to see what they were saying and potentially tweet at them in regards to foreign policy position, he had seen a strange number of people promising bits of coins. The idea that 'bigstepper69' or noted entrepreneur 'Elun Mosk' were promoting bits of coins intrigued him so much he did his research, and with his son Moulay Hassan, decided to purchase one bitcoin. Despite it being banned since 2017, Mohammed wondered if it could be the future of global currency, and maybe with time, price increases, and some regulation, could be something useful after all. The time was now, Mohammed would decide its fate soon enough.
This is the interview that crashed the market today and will likely lead to inflation panic and hard sell offs in stocks in the future:
https://www.youtube.com/watch?v=Vf9AjSahONg
This is what panic looks like. Notice how the market racked-up continuous red candle after red candle as Powell and Yellen spoke:
This pattern is preserved across indexes and even gold and silver, which strongly supports the extent of panic and selling the markets showed today. We don't often see a dive in all asset classes, hell, even BTC sold off today too. This behavior is what happens when people panic.
The fed made it clear today why they are still pumping the economy even though it is doing surprisingly well - they need to make it strong enough to withstand a tax hike to justify printing another $2-3T for Biden's infrastructure bill. Politically we know this needs to happen before the 2022 midterms, which is why we are getting mixed signals from the feds at the moment - they say the economy is great and yet are continuing to drown it in money.
What the Feds are actually doing is printing as much money as possible so they can force inflation to pay for US debt and another $3T if this infrastructure bill ever gets done.
I need to split some hairs for a moment to really hammer home the point that taxes will not pay for this bill, and particularly taxing the rich or auditing them more. I still believe taxes should be collected, but once you understand that taxing the rich will not solve our problems you will realize who did all the selling today. Ill give you a hint, rich people are selling because they know they aren't evading their taxes to the extent to pay for another $3T spending bill and what the fed is really doing is inflating the currency on purpose. Last time this happened was in the 60s and 70s, and after accounting for inflation the market had a net loss for almost two decades. Rich people are exiting equities and will be moving into other asset classes.
On to splitting hairs: As much as the current administration wants you to think taxing the rich or holding the rich more accountable will somehow cause all the money to pay for all this debt to magically appear, if you read the fine print of these sensational headlines about the rich evading taxes you will notice many of these figures are generated across decades of evasion, and most of the articles freely available to us somehow leave that part out. So when MSN posts this article today saying the following:
Lawrence Summers, the Treasury Secretary from 1999 to 2001, and director of the White House National Economic Council during the Obama administration, has previously estimated the federal government could collect another $535 billion if it got back to 2011 audit rates and trained its focus on millionaires and billionaires.
The part that was conveniently left out was that the study said the IRS could collect that much over the course of 10 years and that is assuming everyone is doing it and everyone is then caught, requiring a massive increase in the IRS budget to do so (more gov spending, so there needs to be an upfront investment to even try). If you follow the links back to the NBER, you realize they are citing a working paper, as in work that is not yet done, and all of these citations are coming from Lawrence Summers. Here is the paper everyone is referring to.
Lawrence says:
Between 2011 and 2013, the IRS estimates that it failed to collect over $380 billion in taxes per year, across all tax categories. Extrapolating this estimate to present to allow for inflation and income growth, in 2020 the IRS will fail to collect over $630 billion, or nearly 15 percent of total tax liabilities and that the tax gap will total $7.5 trillion over the 2020 to 2029 period.2,3
The $630B is a figure generated from Obama era data, not Trump's new taxes in which many of these loop holes were closed, so that figure is wrong. Lets pretend it's right though. Lawrence then says the following:
Individual tax returns make up the largest share of the tax gap (over 70 percent) and have the highest rate of noncompliance (nearly 20 percent)
Per Lawrence, if we multiple $630B by 70% to remove companies and focus on individuals that gives us and estimated $441B in evaded taxes by all individuals in 2020. That is a lot of money, Lawrence then gives this table showing the amount per income people under report (aka evade):
Lets do some quick calculations to see if this paper is correct or not. To be considered in the 1% in 2017, per this Bloomberg article that does correctly cite the IRS , you need to have made an estimated $515,000 a year. For the sake of convenience, lets say that number is lowered to $500K so it aligns with Lawrence's table, and lets assume it didn't increase from 2017 to now. This will result in more theoretical people to tax and thus give Lawrence a better chance. The average wage for the 1% is $737697, data taken from here. In 2018, we had 157M Americans employed, data from here. Using 2018 gives us the highest number of 1%ers so we can try to exaggerate the figure as much as possible, again trying to help out Lawrence. 1% of 157m people is 1.57m people employed and living the good life.
Based on the total taxable income the 1% earned in this scenario, you get $1.158T. Lets say Biden does increase taxes on these people to 39%, you get $616B of total taxes. Now, according to Lawrence, these people under report by a maximum of 13.9%, though we know it should be a distribution and thus not as high of a number as I am going to calculate. Anyway assuming all these people under report by 13.9% like the 10m+ crowd, that would give us an extra (1.158T*0.139) 161B of taxable income. Now lets multiple that by 0.39 to get $62.1B in uncollected taxes from the rich every year. I find it odd how the rich are ones being crucified when they account for only 62.1/441 = 14% of the evaded taxes from individuals. So we believe Lawrence's numbers, but not his conclusion that this could be solved by focusing on the rich, and all main stream media sources that choose to leave out very relevant details:
IRS could aspire to shrink the tax gap by around 15 percent in the next decade—generating over $1 trillion in additional revenue by performing more audits (especially of high-income earners)
To put this in the context of how this could effect the budget, 62.1B*10 years = 621B maximum taxes lost to evasion. In the context of this post that accounts for 2.8% of our current debt. By taxing the rich for every dollar they owe, we only pay off 2.8% of our debt. And yet, there is no emphasis placed on the other 99% who evade taxes resulting in the other $379B of missing money. Even more perplexing, they will not be be pressured to pay their fair share or have their taxes increased. Instead of trying to get all the $441B back, we are just going after $62 and pretending like it will solve all our problems. If we got it all, that equals $4.41T in ten years - now that makes a dent!
The real rich people know that increasing taxes on them and making them cough up the extra 13.9% of their taxable income will not pay these bills. In fact, if you add another $3T as Biden wants to do, the new US debt hits $25T, and thus taxing the rich more/preventing evasion will only pay for 2.5% of the national debt in ten years. Of course my calculations aren't inflation adjusted or accounting for wage growth, but the point remains, the amount of money even when exaggerated (but not inflation or wage adjusted) is insignificant in the grand scheme of things. Lawrence says he thinks we could maybe get about $1T in evaded taxes from all sources over this 10 year period... still only accounting for 4.5% of our debt in ten years and only 4% if Biden's plan is passed.
Even if we over estimate Lawrence's own numbers and take this wildly out of context, fixing tax evasion and increasing taxes on the rich doesn't solve the problem. If these MSN articles want to continue to skip over the fact that these $500-600B in evaded taxes are actually over the course of a decade, the general public might be inclined to go along with it out of ignorance. Be honest, how many of you would have taken these number at face value and not gone to the actual paper and checked their calculations?
The final conclusion is: either we have elected the dumbest bunch of people to office in a long time, or they are lying to us and will deliberately inflate the dollar to try to get out of this debt. What makes me the most angry is if they just said it, we could prepare and be fine. But instead so many people will be hurt.
Inflating the debt away will likely cause a secular bear market like we had in the 60s and 70s or the 2000s. Rich people will be buying houses, gold, silver, BTC, and other inflation-proof asset classes. And the poor and middle class will suddenly not be able to afford anything and will suffer more, and those who are invested in pensions will also get screwed because they don't get to control the destiny of their retirement anyways.
On top of all that, the Feds also said they agree the market is highly valued by historical metrics, but said investors are speculating on a vaccine and other economic events, which is stupid because all of us know the economy is doing awesome and the Fed literally said so them selves last week at the FOMC.
When you add in our bear porn series to this and the recession predictions, we will have the 2000s and 1970s all over again.
I predict we have downward trending volatility for the foreseeable future as more and more inflation concerns are confirmed. Small caps will keep getting slammed because they need cheap money more than ever. Cash rich large caps will do ok, though will likely be pretty neutral for some time once inflation is adjusted for.
And I used to wonder why people like Michael Burry have been ranting about inflation for over a year now - because it is the only option our gov has left. https://dailyhodl.com/2021/02/22/big-short-investor-michael-burry-issues-warning-on-future-of-bitcoin-and-gold/.
I'll be sure to start including gold, silver and BTC in my future TA posts from now on. Lets take a peak now though, yeah?
Here is what happened to gold during our last secular bear market in the 2000s (up 400%):
And silver (up 1000%):
-PDT
I have been following this market since the late 1990s. Never in that time have I seen the stars align so much for this asset. Besides the strong fundamental case, we have world currencies about to undergo "The Great Reset", a World Economic Forum initiative to basically cover up the poison of FIAT currencies. Let's not forget the attention the metal got through Wall Street Bets and now Wall Street Silver. The latter group will be throwing up billboards promoting the ownership of silver starting next month.
Now let's get to the technical picture. Silver has had two spikes in price up to $50 an ounce. The first was the Hunt Brothers event in 1980 and since that time, the metal has traced out a giant cup and handle pattern, that anyone who has any working knowledge of technical analysis will recognize in this. I am pretty much all in on silver now. The Bitcoin chart looks god awful and the equities markets are teetering in my opinion.
Salesforce - treasury investment manager spotted commenting on Micheal Saylor's event.
https://pbs.twimg.com/media/EtXhEktUUAIekg6?format=jpg&name=large
CEO of SalesForce retweeting some bitcoin stuff about himself https://twitter.com/BTC_Archive/status/1374424132691976194
Bull / Bear market shift
Hello and thanks for reading.Despite knowing about crypto for years, i unfortunatley only got involved recently. I have dove headfirst down the rabbit hole and am constantly learning something new.Every now and then I will see a passing comment stating the bull run is over which got me to thinking, how exactly would you be able to determine if the market is about to shift? Is there writing on the wall that presents itself and if so, how to become aware of it?I often see mentioned that the bull run is about every 4 years, is this purely due to the bitcoin halving event or are there other factors at work?I'm hoping someone more knowledgable than me may be able to enlighten me or point me in the right direction to some further reading on the subject.Appreciate any insight anyone can provide, thanks for reading and have a lovely day :)
Submitted by Erect_Eunuch
If you have never sold or traded but you have sent a little bitcoin and eth to your own software wallet is it a taxable event? Nothing is being sold or traded so I should be fine. I'm a long term holdlr I don't buy to sell lol
Quick weekly news:
Other notable events include:
- First public Bitcoin mining firm has its own power plant
- Coinbase delays their IPO
Greenidge
Greenidge expects to be the first publicly traded mining company with its own power plant.
Bitcoin mining continues to be controversial, with critics citing environmental concerns. Greenidge Generation Holdings (Greenidge) is expecting to be the first publicly traded Bitcoin mining company with a wholly-owned power plant, according to an announcement made.
Bitcoin mining firm Greenidge, which runs a wholly-owned power plant, expects to be listed on Nasdaq through a merger with Support.com
Coinbase
Following the $6.5 million CFTC fine, Coinbase delayed direct stock listing. It will take place when charges of improper reporting on exchange volume and “self-trading” with the CFTC are settled
Between January 2015 and September 2018 the company was operating two automated trading programs, Hedger and Replicator. While the exchange disclosed the use of a trading program, they did not reveal that they were using two that often matched trades.
As a result, the Coinbase API delivered fraudulent trading data to entities such as the CME Bitcoin Real Time Index, and CoinMarketCap, as well as NYSE Bitcoin Index via “direct transmission” from Coinbase.
Also, be sure to check out top altcoin gainers and losers of the week⬇️
The time span for your venture objective of turning into a tycoon will depend in huge part on how you decide to contribute. In the event that you choose today exchange on the crypto trades, the dangers are incredibly high. You can make boundless gains quickly, or lose everything at a tick.
It true that one is Bitcoin enough to possess
1 - 20 BTC will be sufficient to make you set for life in 10 years. that being said bitcoin is important for some reasons, yet the way that few out of every odd tycoon can claim one is only a filtered out insignificant certainty.
The amount of cash is expected to never work again
To not actually stress over the business sectors, and to never need to work again, you shouldn't have over 20% of your abundance put resources into the securities exchange, with the 80% equilibrium in safe fixed-pay bonds, T-bills, and other ensured pay declarations acquiring a to some degree ostensible sum.
Ethereum make you rich
Most financial backers accept that the best way to bring in cash utilizing Ethereum is by buying the Ethereum token and sitting tight for it to increment in esteem over the long run. While this is certainly a reasonable technique that can bring in you cash utilizing Ethereum, it's a long way from the lone worth that the token has.
Tycoons bring in their cash
Most tycoons put their cash into public property — 36.4% of their portfolios were dispensed to this resource class — trailed by private possessions at 35%, fluid resources like money at 26.4%, and land and extravagance resources at around 2.2%. What is an NFT
Might I become a tycoon short-term?
Choose it's OK to need to be a tycoon. Work on envisioning yourself appreciating a bountiful way of life. Spend short of what you acquire (pay yourself 10% of your pay and put in a venture account. Try not to stray into the red)
It conceivable to never work
Indeed, it is feasible to live without a task. Be that as it may, it is beyond the realm of imagination to expect to live, without some kind of admittance to food, water, cover, and presumably attire. Without those things, you will kick the bucket.
You are able to live off 500 per month
You might have the option to get by for a year on $500/month in some little zone or by living with a pal. Be that as it may, you run into issues over the long haul if the sum total of what you have is $500/month. Expenses for everything go up because of expansion. $500 in five years will purchase considerably less than it does now.
A tycoon mean anything
(Spectrem characterizes a tycoon as somebody with total assets of $1 million barring the estimation of the main living place.) That number is 70.1% among the very rich person set, as per 2015 Wealth-X statistics.
It is a good idea for me to purchase Bitcoin or ethereum
Bitcoin is the more standard and stable of the two, albeit the bullish slant among specialists in the field seems to have just developed throughout the most recent year for Ethereum. Similarly, as with most ventures, it's conceivable Ethereum's higher danger carries with it potential for higher prizes.
https://www.bankdeets.com/financial-info-blog/what-are-nfts-and-how-can-you-invest-in-them
What is Secret Network?
Secret Network is an open-source network that protects data for users of decentralised applications. It is the result of the collective effort of its community after over twenty developers launched a new blockchain subsequent to the SEC case against Enigma MPC for an unregistered initial coin offering.
In a world where privacy is scarce, some cryptocurrencies have looked to provide individuals with some privacy, however this largely revolves around the ability to make private payments (on platforms such as Monero and Zcash). However, Secret Network has taken this one step further and developed a platform that allows “secret” smart contracts making the platform the first layer-one blockchain to enable general purpose private computation. This could enable a number of additional applications that can’t be built anywhere else in the blockchain space and potentially bring us one step closer to polling/voting using the blockchain (an MIT paper noted the public nature of the blockchain as one of the stumbling blocks before this could happen).
All transactions on Secret Network are made inside Trusted Execution Environments, more specifically they use Intel SGX. These are a set of extensions to the Intel architecture that aims to provide integrity and confidentiality guarantees to security sensitive computation performed on a computer.
The core feature of Secret Network is the ability to convert a coin or token into its wrapped privacy equivalent. Users are able to mint sSCRT by utilising the Keplr wallet (in exchange for an equivalent amount of SCRT). It should be noted that SCRT itself is not a privacy coin but swapping it to its SNIP-20 equivalent, sSCRT, will convert it into a private token that can thereafter be used for whatever the individual requires.
SNIP-20 tokens are tokens that mimic the characteristics of the token it is paired with, but with the added benefit of ensuring that any transaction and all rolling balances are forever kept encrypted.
Secret Network has developed two bridges that allow a select number of coins across the Ethereum (ERC-20) and Binance Smart Chain (BEP-20). It is expected that upon integration of inter-blockchain communication, this will be extended further to include the Cosmos ecosystem.
Secret Bridges enable coins and tokens from other ecosystems to be transferred to the Secret Network as their SNIP-20 equivalent. Bridge operators watch the chain for new events and propose a transaction once found. This triggers an on-chain event to either mint sETH (or other Secret Tokens) on Secret Network, or unlock ETH (or other Secret Tokens) from the lock contract on Ethereum.
Subsequent to the creation of the Ethereum bridge, a bridge mining event was launched which allowed holders of ERC-20 assets to lock their ETH and ERC-20s assets on the bridge. This provided holders an opportunity to earn 20-40% APY on their assets without risk of impermanent loss. The programme is expected to continue into 2Q21.
SecretSwap is an automated market maker (AMM) that allows SNIP-20 tokens to be traded. The developers state that the Uniswap competitor carried lower costs and higher user security. SecretSwap is restricted both by the number of bridges that are developed and the number of coins or tokens supported by the bridge that are enabled. This means that SecretSwap currently has a smaller offering but is expected to increase rapidly over time which may result in a more user friendly Decentralised Exchange to Uniswap.
In February 2021, Secret Network saw their next major expansion with the launch of Secret Auctions. The auction house represented another blockchain first in creating a platform where bidders cannot see if there are competing bids and sellers can only know if there have been any bids during the auction. Subsequent to the auction closing, the only information revealed is the winning bid. The developers see the primary use for Secret Auctions as being an Over-the-Counter trading market, but also see it as a platform for NFT sales, ICOs and partial split winner auctions. Note that the model mentioned above is a preset configuration but sellers are able to tailor this to their own needs.
Who is Enigma MPC and what happened to Enigma Coin?
Enigma MPC is a blockchain startup created in 2015 with the goal of improving the way data is shared, aggregated and monetised through the use of privacy preserving computation technologies. The team was built with a number of experts in the field from MIT. They created Enigma Protocol, a method to securely share data across silos. In May 2017, Enigma MPC began to shift its business model to market the Enigma Protocol to various industries. In order to raise money for this development, Enigma Protocol offered and sold ENG Tokens through a two-phase initial coin offering.
The two phased ICO saw a total of 75m tokens sold to almost 6,000 investors for a total of $45m.
The US Securities & Exchange Commission viewed the ICO as the sale of securities for three main reasons:
Enigma MPC disputed this stating that the Enigma token carries no ownership rights, no dividend rights and no right to engage with the business. They later settled with the SEC resulting in:
Subsequent to the SEC lawsuit, the Enigma Mainnet rebranded and transitioned into Secret Network. There was a community proposal made to support holders of the Enigma token which allowed for a decentralised token swap of ENG to SCRT opening from 27 June 2020. This was kept open until 1 January 2021, the date that was agreed by the Secret Network community. Note that as a result of the SEC lawsuit, Enigma MPC were not allowed to make their stance on this clear.
Over the six month period, 114m Enigma Tokens were burned in swaps to nearly 2,000 addresses (including swaps by Enigma MPC and Binance). As you may expect, there are groups of people who may have not been aware of this event (even though exchanges were notified and social media channels were presenting this information) which resulted in these people failing to convert their tokens. This has created strong resentment and the source of substantial anger towards Secret Network.
Enigma MPC is now a development company that is one of the core contributors to Secret Network.
Who is in Secret Network’s team?
As mentioned above, Enigma MPC is one of the core contributors to Secret Network. Unfortunately, I haven’t been able to find details on other developers outside of Enigma MPC and the Secret Foundation. It should be noted that Secret Network’s genesis was pretty different to how most other platforms are created and it has been a breeding ground for developers with groups including Secret Nodes and Chain of Secrets.
Guy Zyskind is the CEO and co-founder of Enigma MPC. He spent significant time at MIT where he lectured the first engineering class about blockchains and cryptocurrencies. During his time at MIT, he also was a research assistant at MIT Media Lab which is reportedly where Enigma - Secret Network’s predecessor was born. It should be noted that Guy published two papers whilst at MIT both revolving around privacy on the blockchain. Guy was also the CTO of Endor (formally known as Athena Wisdom) which was a MIT spin-off company focused on network analysis research and big data.
Can Kisagun is also a co-founder of Enigma MPC and like Guy, he studied at MIT where he completed a M.B.A. whilst also spending significant times in technology related societies. After completing his studies Can joined McKinsey & Company as a business analyst where he advised clients predominantly in the media and banking sectors. Can was also the co-founder and CEO of Eximchain Network, a failed business looking to operate in the global supply chain industry using blockchain technology (the same space as VeChain and OriginTrail). Eximchain Network ceased operations in November 2020 due to a reported lack of funding. The developers noted that this was due to the rapid decline in value of Ethereum in 2018 which was what their tokens were sold for in their initial token sale.
Tor Bair is the founder of Secret Foundation. He was previously the Head of Growth at Enigma MPC but left the role in Summer 2020 to create a stable platform to establish effective governance to further the development of Secret Network due to the fact that Secret Network has a number of core contributors as opposed to one entity. Note that the foundation was initially funded by a donation from Enigma MPC. Tor completed a M.B.A. studying at MIT like Guy and Can. Tor’s first experience of business growth was working at Snap, Inc. as a growth and revenue data scientist. Tor is also an advisor to a selection of entities including Numerai, Proof of Stake Alliance and OpenFinance Network.
What is Secret Coin (“SCRT”) required for and how is it distributed?
In essence, SCRT could be described as a utility token as its primary usages are:
Secret Network is an inflationary network and estimates have been provided by Secret Network which shows the distribution of coins as at 1 January 2021 (the date at which the swap was closed).
It was estimated that there were a total of 170m SCRT in existence of which 17.65% of coins were retained by Enigma MPC and their affiliated companies. 21.18% of coins are allocated towards employees (past, present and future employees) which will include Enigma MPC employees as well as the Secret Foundation’s employees. These coins are normally vested for periods between two and four years.
The majority of the network’s coins are held by the community who hold 44.12% of coins between them. Community coins comprise all swapped Enigma tokens, SCRT coins held by genesis parties and the on-chain community pool. The on-chain community pool has led to several successful initiatives including Puzzle Explorer and the Keplr wallet.
To expand on the community pool, Secret Network has developed a dedicated ecosystem pool that will be able to support larger, longer lasting initiatives. The pool will commence with 20m SCRT coins allocated to them which were a portion of the Enigma tokens held by Enigma MPC.
An important thing to note is that the figures above are accurate as at 1 January 2021 and network inflation (by way of staking returns) and the foundation tax (equal to 15% of network inflation) will consistently increase over the life of Secret Network which will increase the proportion of holdings owned by the community and the foundation relative to Enigma MPC and its team.
Who is Secret Network working with?
Secret Network has had a couple partnerships to date. Building the platform has been a priority and therefore I would expect that we will see an uptake in partnerships soon. These include:
Ocean Protocol: Secret Network aims to support Ocean Protocol transition to a model that allows data publishers to not compromise between convenience and privacy; and
Band Protocol: Band Network has been integrated with Secret Network to bring decentralised and scalable cross-chain oracles to Secret Network. Band Protocol supports unrestricted access to over 150 price feeds.
What does Secret Network have in plan for the future?
Secret Network have already established a number of milestones and made announcements of what people can expect for the future:
Sienna Network: Sienna Network is working with Secret Network to create a privacy-first decentralised finance protocol that enables trustless trading and lending;
Private non-fungible tokens: Finalise SNIP-721 standard allowing for private ownership of NFTs as well as creating SNIP-1155 which is a further NFT related standard;
Bridges: Secret Network is currently working towards building bridges for Bitcoin and Polkadot allowing Secret Tokens of coins and tokens on their ecosystem to be created; and
SecretLaunchPad: Create a crowdfunding mechanism that allows participants on Secret Network to anonymously invest in projects.
Conclusions
Secret Network has been one of the platforms and cryptocurrencies that I have strongly grown in admiration for. Although it is only a small part of my portfolio (less than 5%), the mission of Secret Network, it’s the progress it has made, the developers and the community are all factors that have made me appreciate Secret Network.
Upcoming bridges to Bitcoin and Polkadot will be a significant addition to the platform and the introduction of dApps produced by external parties are just one of the milestones that is being ticked off.
I hope this was an insightful introduction to Secret Network for you and if you have any questions, feel free to ask away and either I or other knowledgeable people shall be able to help you.
Graypaper: https://www.securesecrets.org/pages/Secret\_Network\_Graypaper\_2.0.1\_1.pdf
SALT LAKE CITY, March 23, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services, and bitcoin mining company, today announced that it has executed more than 50 new contracts under its residential initiative in less than one month following its acquisition of Solar Watt Solutions (Solar Watt). These additional CleanSpark and Solar Watt contracts for residential microgrids and battery energy storage solutions executed since February 24th have a face value exceeding $1,700,000.
A substantial percentage of the new contracts are related to California's Self Generation Incentive Program (SGIP), which provides a rebate to homeowners in fire-prone areas to add energy storage backup systems. These rebate programs offset a significant portion of the purchase price of battery energy storage systems to provide critical power to homes in the event of a utility grid disruption. CleanSpark and Solar Watt are currently running co-branded marketing campaigns to educate homeowners on the availability of these incentives for home microgrids and battery backup systems. The Company's goal is to provide reliable power solutions in the face of expected and unexpected disruptions or in extreme weather situations for residential and commercial applications.
CleanSpark is actively delivering the existing pipeline of projects and, as discussed in a recent interview with NBC News, has experienced a ten-fold increase in residential microgrid inquiries. Additional marketing campaigns are expected to commence in support of both the Company's residential initiative, as well as the launch of the Company's planned mVoult software and controls solution.
Zach Bradford, CleanSpark's Chief Executive Officer stated, "Acquiring an existing partner was a deliberate move to further our reach into the residential markets as our cross-functional teams already had experience working together. This experience enabled us to decrease our collective teams relative 'learning curve' and accelerate our growth without missing a beat." Adding, "We intend to continue to be focused on SGIP in the near term as we continue our progress towards the planned launch of mVoult, CleanSpark's residential microgrid product line."
What is Secret Network?
Secret Network is an open-source network that protects data for users of decentralised applications. It is the result of the collective effort of its community after over twenty developers launched a new blockchain subsequent to the SEC case against Enigma MPC for an unregistered initial coin offering.
In a world where privacy is scarce, some cryptocurrencies have looked to provide individuals with some privacy, however this largely revolves around the ability to make private payments (on platforms such as Monero and Zcash). However, Secret Network has taken this one step further and developed a platform that allows “secret” smart contracts making the platform the first layer-one blockchain to enable general purpose private computation. This could enable a number of additional applications that can’t be built anywhere else in the blockchain space and potentially bring us one step closer to polling/voting using the blockchain (an MIT paper noted the public nature of the blockchain as one of the stumbling blocks before this could happen).
All transactions on Secret Network are made inside Trusted Execution Environments, more specifically they use Intel SGX. These are a set of extensions to the Intel architecture that aims to provide integrity and confidentiality guarantees to security sensitive computation performed on a computer.
The core feature of Secret Network is the ability to convert a coin or token into its wrapped privacy equivalent. Users are able to mint sSCRT by utilising the Keplr wallet (in exchange for an equivalent amount of SCRT). It should be noted that SCRT itself is not a privacy coin but swapping it to its SNIP-20 equivalent, sSCRT, will convert it into a private token that can thereafter be used for whatever the individual requires.
SNIP-20 tokens are tokens that mimic the characteristics of the token it is paired with, but with the added benefit of ensuring that any transaction and all rolling balances are forever kept encrypted.
Secret Network has developed two bridges that allow a select number of coins across the Ethereum (ERC-20) and Binance Smart Chain (BEP-20). It is expected that upon integration of inter-blockchain communication, this will be extended further to include the Cosmos ecosystem.
Secret Bridges enable coins and tokens from other ecosystems to be transferred to the Secret Network as their SNIP-20 equivalent. Bridge operators watch the chain for new events and propose a transaction once found. This triggers an on-chain event to either mint sETH (or other Secret Tokens) on Secret Network, or unlock ETH (or other Secret Tokens) from the lock contract on Ethereum.
Subsequent to the creation of the Ethereum bridge, a bridge mining event was launched which allowed holders of ERC-20 assets to lock their ETH and ERC-20s assets on the bridge. This provided holders an opportunity to earn 20-40% APY on their assets without risk of impermanent loss. The programme is expected to continue into 2Q21.
SecretSwap is an automated market maker (AMM) that allows SNIP-20 tokens to be traded. The developers state that the Uniswap competitor carried lower costs and higher user security. SecretSwap is restricted both by the number of bridges that are developed and the number of coins or tokens supported by the bridge that are enabled. This means that SecretSwap currently has a smaller offering but is expected to increase rapidly over time which may result in a more user friendly Decentralised Exchange to Uniswap.
In February 2021, Secret Network saw their next major expansion with the launch of Secret Auctions. The auction house represented another blockchain first in creating a platform where bidders cannot see if there are competing bids and sellers can only know if there have been any bids during the auction. Subsequent to the auction closing, the only information revealed is the winning bid. The developers see the primary use for Secret Auctions as being an Over-the-Counter trading market, but also see it as a platform for NFT sales, ICOs and partial split winner auctions. Note that the model mentioned above is a preset configuration but sellers are able to tailor this to their own needs.
Who is Enigma MPC and what happened to Enigma Coin?
Enigma MPC is a blockchain startup created in 2015 with the goal of improving the way data is shared, aggregated and monetised through the use of privacy preserving computation technologies. The team was built with a number of experts in the field from MIT. They created Enigma Protocol, a method to securely share data across silos. In May 2017, Enigma MPC began to shift its business model to market the Enigma Protocol to various industries. In order to raise money for this development, Enigma Protocol offered and sold ENG Tokens through a two-phase initial coin offering.
The two phased ICO saw a total of 75m tokens sold to almost 6,000 investors for a total of $45m.
The US Securities & Exchange Commission viewed the ICO as the sale of securities for three main reasons:
Enigma MPC disputed this stating that the Enigma token carries no ownership rights, no dividend rights and no right to engage with the business. They later settled with the SEC resulting in:
Subsequent to the SEC lawsuit, the Enigma Mainnet rebranded and transitioned into Secret Network. There was a community proposal made to support holders of the Enigma token which allowed for a decentralised token swap of ENG to SCRT opening from 27 June 2020. This was kept open until 1 January 2021, the date that was agreed by the Secret Network community. Note that as a result of the SEC lawsuit, Enigma MPC were not allowed to make their stance on this clear.
Over the six month period, 114m Enigma Tokens were burned in swaps to nearly 2,000 addresses (including swaps by Enigma MPC and Binance). As you may expect, there are groups of people who may have not been aware of this event (even though exchanges were notified and social media channels were presenting this information) which resulted in these people failing to convert their tokens. This has created strong resentment and the source of substantial anger towards Secret Network.
Enigma MPC is now a development company that is one of the core contributors to Secret Network.
Who is in Secret Network’s team?
As mentioned above, Enigma MPC is one of the core contributors to Secret Network. Unfortunately, I haven’t been able to find details on other developers outside of Enigma MPC and the Secret Foundation. It should be noted that Secret Network’s genesis was pretty different to how most other platforms are created and it has been a breeding ground for developers with groups including Secret Nodes and Chain of Secrets.
Guy Zyskind is the CEO and co-founder of Enigma MPC. He spent significant time at MIT where he lectured the first engineering class about blockchains and cryptocurrencies. During his time at MIT, he also was a research assistant at MIT Media Lab which is reportedly where Enigma - Secret Network’s predecessor was born. It should be noted that Guy published two papers whilst at MIT both revolving around privacy on the blockchain. Guy was also the CTO of Endor (formally known as Athena Wisdom) which was a MIT spin-off company focused on network analysis research and big data.
Can Kisagun is also a co-founder of Enigma MPC and like Guy, he studied at MIT where he completed a M.B.A. whilst also spending significant times in technology related societies. After completing his studies Can joined McKinsey & Company as a business analyst where he advised clients predominantly in the media and banking sectors. Can was also the co-founder and CEO of Eximchain Network, a failed business looking to operate in the global supply chain industry using blockchain technology (the same space as VeChain and OriginTrail). Eximchain Network ceased operations in November 2020 due to a reported lack of funding. The developers noted that this was due to the rapid decline in value of Ethereum in 2018 which was what their tokens were sold for in their initial token sale.
Tor Bair is the founder of Secret Foundation. He was previously the Head of Growth at Enigma MPC but left the role in Summer 2020 to create a stable platform to establish effective governance to further the development of Secret Network due to the fact that Secret Network has a number of core contributors as opposed to one entity. Note that the foundation was initially funded by a donation from Enigma MPC. Tor completed a M.B.A. studying at MIT like Guy and Can. Tor’s first experience of business growth was working at Snap, Inc. as a growth and revenue data scientist. Tor is also an advisor to a selection of entities including Numerai, Proof of Stake Alliance and OpenFinance Network.
What is Secret Coin (“SCRT”) required for and how is it distributed?
In essence, SCRT could be described as a utility token as its primary usages are:
Secret Network is an inflationary network and estimates have been provided by Secret Network which shows the distribution of coins as at 1 January 2021 (the date at which the swap was closed).
It was estimated that there were a total of 170m SCRT in existence of which 17.65% of coins were retained by Enigma MPC and their affiliated companies. 21.18% of coins are allocated towards employees (past, present and future employees) which will include Enigma MPC employees as well as the Secret Foundation’s employees. These coins are normally vested for periods between two and four years.
The majority of the network’s coins are held by the community who hold 44.12% of coins between them. Community coins comprise all swapped Enigma tokens, SCRT coins held by genesis parties and the on-chain community pool. The on-chain community pool has led to several successful initiatives including Puzzle Explorer and the Keplr wallet.
To expand on the community pool, Secret Network has developed a dedicated ecosystem pool that will be able to support larger, longer lasting initiatives. The pool will commence with 20m SCRT coins allocated to them which were a portion of the Enigma tokens held by Enigma MPC.
An important thing to note is that the figures above are accurate as at 1 January 2021 and network inflation (by way of staking returns) and the foundation tax (equal to 15% of network inflation) will consistently increase over the life of Secret Network which will increase the proportion of holdings owned by the community and the foundation relative to Enigma MPC and its team.
Who is Secret Network working with?
Secret Network has had a couple partnerships to date. Building the platform has been a priority and therefore I would expect that we will see an uptake in partnerships soon. These include:
Ocean Protocol: Secret Network aims to support Ocean Protocol transition to a model that allows data publishers to not compromise between convenience and privacy; and
Band Protocol: Band Network has been integrated with Secret Network to bring decentralised and scalable cross-chain oracles to Secret Network. Band Protocol supports unrestricted access to over 150 price feeds.
What does Secret Network have in plan for the future?
Secret Network have already established a number of milestones and made announcements of what people can expect for the future:
Sienna Network: Sienna Network is working with Secret Network to create a privacy-first decentralised finance protocol that enables trustless trading and lending;
Private non-fungible tokens: Finalise SNIP-721 standard allowing for private ownership of NFTs as well as creating SNIP-1155 which is a further NFT related standard;
Bridges: Secret Network is currently working towards building bridges for Bitcoin and Polkadot allowing Secret Tokens of coins and tokens on their ecosystem to be created; and
SecretLaunchPad: Create a crowdfunding mechanism that allows participants on Secret Network to anonymously invest in projects.
Conclusions
Secret Network has been one of the platforms and cryptocurrencies that I have strongly grown in admiration for. Although it is only a small part of my portfolio (less than 5%), the mission of Secret Network, it’s the progress it has made, the developers and the community are all factors that have made me appreciate Secret Network.
Upcoming bridges to Bitcoin and Polkadot will be a significant addition to the platform and the introduction of dApps produced by external parties are just one of the milestones that is being ticked off.
I hope this was an insightful introduction to Secret Network for you and if you have any questions, feel free to ask away and either I or other knowledgeable people shall be able to help you.
Graypaper: https://www.securesecrets.org/pages/Secret_Network_Graypaper_2.0.1_1.pdf
What is Secret Network?
Secret Network is an open-source network that protects data for users of decentralised applications. It is the result of the collective effort of its community after over twenty developers launched a new blockchain subsequent to the SEC case against Enigma MPC for an unregistered initial coin offering.
In a world where privacy is scarce, some cryptocurrencies have looked to provide individuals with some privacy, however this largely revolves around the ability to make private payments (on platforms such as Monero and Zcash). However, Secret Network has taken this one step further and developed a platform that allows “secret” smart contracts making the platform the first layer-one blockchain to enable general purpose private computation. This could enable a number of additional applications that can’t be built anywhere else in the blockchain space and potentially bring us one step closer to polling/voting using the blockchain (an MIT paper noted the public nature of the blockchain as one of the stumbling blocks before this could happen).
All transactions on Secret Network are made inside Trusted Execution Environments, more specifically they use Intel SGX. These are a set of extensions to the Intel architecture that aims to provide integrity and confidentiality guarantees to security sensitive computation performed on a computer.
The core feature of Secret Network is the ability to convert a coin or token into its wrapped privacy equivalent. Users are able to mint sSCRT by utilising the Keplr wallet (in exchange for an equivalent amount of SCRT). It should be noted that SCRT itself is not a privacy coin but swapping it to its SNIP-20 equivalent, sSCRT, will convert it into a private token that can thereafter be used for whatever the individual requires.
SNIP-20 tokens are tokens that mimic the characteristics of the token it is paired with, but with the added benefit of ensuring that any transaction and all rolling balances are forever kept encrypted.
Secret Network has developed two bridges that allow a select number of coins across the Ethereum (ERC-20) and Binance Smart Chain (BEP-20). It is expected that upon integration of inter-blockchain communication, this will be extended further to include the Cosmos ecosystem.
Secret Bridges enable coins and tokens from other ecosystems to be transferred to the Secret Network as their SNIP-20 equivalent. Bridge operators watch the chain for new events and propose a transaction once found. This triggers an on-chain event to either mint sETH (or other Secret Tokens) on Secret Network, or unlock ETH (or other Secret Tokens) from the lock contract on Ethereum.
Subsequent to the creation of the Ethereum bridge, a bridge mining event was launched which allowed holders of ERC-20 assets to lock their ETH and ERC-20s assets on the bridge. This provided holders an opportunity to earn 20-40% APY on their assets without risk of impermanent loss. The programme is expected to continue into 2Q21.
SecretSwap is an automated market maker (AMM) that allows SNIP-20 tokens to be traded. The developers state that the Uniswap competitor carried lower costs and higher user security. SecretSwap is restricted both by the number of bridges that are developed and the number of coins or tokens supported by the bridge that are enabled. This means that SecretSwap currently has a smaller offering but is expected to increase rapidly over time which may result in a more user friendly Decentralised Exchange to Uniswap.
In February 2021, Secret Network saw their next major expansion with the launch of Secret Auctions. The auction house represented another blockchain first in creating a platform where bidders cannot see if there are competing bids and sellers can only know if there have been any bids during the auction. Subsequent to the auction closing, the only information revealed is the winning bid. The developers see the primary use for Secret Auctions as being an Over-the-Counter trading market, but also see it as a platform for NFT sales, ICOs and partial split winner auctions. Note that the model mentioned above is a preset configuration but sellers are able to tailor this to their own needs.
Who is Enigma MPC and what happened to Enigma Coin?
Enigma MPC is a blockchain startup created in 2015 with the goal of improving the way data is shared, aggregated and monetised through the use of privacy preserving computation technologies. The team was built with a number of experts in the field from MIT. They created Enigma Protocol, a method to securely share data across silos. In May 2017, Enigma MPC began to shift its business model to market the Enigma Protocol to various industries. In order to raise money for this development, Enigma Protocol offered and sold ENG Tokens through a two-phase initial coin offering.
The two phased ICO saw a total of 75m tokens sold to almost 6,000 investors for a total of $45m.
The US Securities & Exchange Commission viewed the ICO as the sale of securities for three main reasons:
Enigma MPC disputed this stating that the Enigma token carries no ownership rights, no dividend rights and no right to engage with the business. They later settled with the SEC resulting in:
Subsequent to the SEC lawsuit, the Enigma Mainnet rebranded and transitioned into Secret Network. There was a community proposal made to support holders of the Enigma token which allowed for a decentralised token swap of ENG to SCRT opening from 27 June 2020. This was kept open until 1 January 2021, the date that was agreed by the Secret Network community. Note that as a result of the SEC lawsuit, Enigma MPC were not allowed to make their stance on this clear.
Over the six month period, 114m Enigma Tokens were burned in swaps to nearly 2,000 addresses (including swaps by Enigma MPC and Binance). As you may expect, there are groups of people who may have not been aware of this event (even though exchanges were notified and social media channels were presenting this information) which resulted in these people failing to convert their tokens. This has created strong resentment and the source of substantial anger towards Secret Network.
Enigma MPC is now a development company that is one of the core contributors to Secret Network.
Who is in Secret Network’s team?
As mentioned above, Enigma MPC is one of the core contributors to Secret Network. Unfortunately, I haven’t been able to find details on other developers outside of Enigma MPC and the Secret Foundation. It should be noted that Secret Network’s genesis was pretty different to how most other platforms are created and it has been a breeding ground for developers with groups including Secret Nodes and Chain of Secrets.
Guy Zyskind is the CEO and co-founder of Enigma MPC. He spent significant time at MIT where he lectured the first engineering class about blockchains and cryptocurrencies. During his time at MIT, he also was a research assistant at MIT Media Lab which is reportedly where Enigma - Secret Network’s predecessor was born. It should be noted that Guy published two papers whilst at MIT both revolving around privacy on the blockchain. Guy was also the CTO of Endor (formally known as Athena Wisdom) which was a MIT spin-off company focused on network analysis research and big data.
Can Kisagun is also a co-founder of Enigma MPC and like Guy, he studied at MIT where he completed a M.B.A. whilst also spending significant times in technology related societies. After completing his studies Can joined McKinsey & Company as a business analyst where he advised clients predominantly in the media and banking sectors. Can was also the co-founder and CEO of Eximchain Network, a failed business looking to operate in the global supply chain industry using blockchain technology (the same space as VeChain and OriginTrail). Eximchain Network ceased operations in November 2020 due to a reported lack of funding. The developers noted that this was due to the rapid decline in value of Ethereum in 2018 which was what their tokens were sold for in their initial token sale.
Tor Bair is the founder of Secret Foundation. He was previously the Head of Growth at Enigma MPC but left the role in Summer 2020 to create a stable platform to establish effective governance to further the development of Secret Network due to the fact that Secret Network has a number of core contributors as opposed to one entity. Note that the foundation was initially funded by a donation from Enigma MPC. Tor completed a M.B.A. studying at MIT like Guy and Can. Tor’s first experience of business growth was working at Snap, Inc. as a growth and revenue data scientist. Tor is also an advisor to a selection of entities including Numerai, Proof of Stake Alliance and OpenFinance Network.
What is Secret Coin (“SCRT”) required for and how is it distributed?
In essence, SCRT could be described as a utility token as its primary usages are:
Secret Network is an inflationary network and estimates have been provided by Secret Network which shows the distribution of coins as at 1 January 2021 (the date at which the swap was closed).
It was estimated that there were a total of 170m SCRT in existence of which 17.65% of coins were retained by Enigma MPC and their affiliated companies. 21.18% of coins are allocated towards employees (past, present and future employees) which will include Enigma MPC employees as well as the Secret Foundation’s employees. These coins are normally vested for periods between two and four years.
The majority of the network’s coins are held by the community who hold 44.12% of coins between them. Community coins comprise all swapped Enigma tokens, SCRT coins held by genesis parties and the on-chain community pool. The on-chain community pool has led to several successful initiatives including Puzzle Explorer and the Keplr wallet.
To expand on the community pool, Secret Network has developed a dedicated ecosystem pool that will be able to support larger, longer lasting initiatives. The pool will commence with 20m SCRT coins allocated to them which were a portion of the Enigma tokens held by Enigma MPC.
An important thing to note is that the figures above are accurate as at 1 January 2021 and network inflation (by way of staking returns) and the foundation tax (equal to 15% of network inflation) will consistently increase over the life of Secret Network which will increase the proportion of holdings owned by the community and the foundation relative to Enigma MPC and its team.
Who is Secret Network working with?
Secret Network has had a couple partnerships to date. Building the platform has been a priority and therefore I would expect that we will see an uptake in partnerships soon. These include:
Ocean Protocol: Secret Network aims to support Ocean Protocol transition to a model that allows data publishers to not compromise between convenience and privacy; and
Band Protocol: Band Network has been integrated with Secret Network to bring decentralised and scalable cross-chain oracles to Secret Network. Band Protocol supports unrestricted access to over 150 price feeds.
What does Secret Network have in plan for the future?
Secret Network have already established a number of milestones and made announcements of what people can expect for the future:
Sienna Network: Sienna Network is working with Secret Network to create a privacy-first decentralised finance protocol that enables trustless trading and lending;
Private non-fungible tokens: Finalise SNIP-721 standard allowing for private ownership of NFTs as well as creating SNIP-1155 which is a further NFT related standard;
Bridges: Secret Network is currently working towards building bridges for Bitcoin and Polkadot allowing Secret Tokens of coins and tokens on their ecosystem to be created; and
SecretLaunchPad: Create a crowdfunding mechanism that allows participants on Secret Network to anonymously invest in projects.
Conclusions
Secret Network has been one of the platforms and cryptocurrencies that I have strongly grown in admiration for. Although it is only a small part of my portfolio (less than 5%), the mission of Secret Network, it’s the progress it has made, the developers and the community are all factors that have made me appreciate Secret Network.
Upcoming bridges to Bitcoin and Polkadot will be a significant addition to the platform and the introduction of dApps produced by external parties are just one of the milestones that is being ticked off.
I hope this was an insightful introduction to Secret Network for you and if you have any questions, feel free to ask away and either I or other knowledgeable people shall be able to help you.
Graypaper: https://www.securesecrets.org/pages/Secret_Network_Graypaper_2.0.1_1.pdf
MEW wallet utilizes best-in-class multi-facet encryption and detached nearby stockpiling to ensure your assets. To ensure your key is ensured, this scrambled key is encoded again with a key produced from the Android Keystore segment of your gadget, or the Protected Territory in case you're using an iOS gadget.
Mew wallet acceptable
MyEtherWallet is viewed as an exceptionally adaptable UI to get to the Ethereum blockchain network. Instead, it is a go-between that makes it simple for individuals to store Ether and other ERC-20 resources on the Ethereum stage.
Mew protected to utilize
The truth of the matter is this: MEW is protected. All things considered, the crypto world is more perilous than the normal financial universe of stocks and bonds. It's vital to act dependably. In the event that you do, you can consider MyEtherWallet is protected, and perhaps the most secure wallet out there.
The disadvantage to bitcoin
Probably the greatest downside is an absence of a normalized strategy for chargebacks or discounts, as all Visa organizations and conventional online installment processors have. Clients influenced by exchange misrepresentation – for instance, they buy products that the vendor never conveys – can't demand a discount through Bitcoin. Why invest in NFTs
I will be able to confide in Bitcoin Broker
Bitcoin Broker is known to be a genuine and reliable stage that causes you to bring in cash by Bitcoin trading. Demo Mode – When you register on the stage, you can invest your energy in the demo account before you start with live-trading.
Martin Lewis think of Bitcoin
Martin said on The Martin Lewis Cash Show: "Bitcoin is set up as money – non-legislative money – so you're intended to have the option to spend it, yet I'm presuming you're thinking of this not to spend however more as an investment, which is the thing that the vast majority are looking at.
Bitcoin mining awesome 2020
Bitcoin mining started as a generously compensated leisure activity for early adopters who got the opportunity to acquire 50 BTC at regular intervals, mining from their rooms. Effectively mining only one Bitcoin square, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020.
Bitcoin would you be able to mine in a day
What number of Bitcoins Are Mined Ordinary? 144 squares each day are mined by and large, and there are 6.25 bitcoins per block. 144 x 6.25 is 900, so that is the normal measure of new bitcoins mined each day.
Occurs on the off chance that I sell my bitcoin
Adhere to the site's instructions to sell your Bitcoin Money (BCH) or Bitcoin (BTC). On the off chance that you sold it for fiat cash, you can money out the assets into your financial balance. On the off chance that you sold it for another cryptographic money, you can send the coins to your own wallet (ensure your wallet acknowledges those coins prior to sending).
You are able to sell Bitcoin right away
Bitcoin wallet administration Coinbase declared that it's launching Instant Trade, which permits clients to purchase and sell digital money while protecting them from its value vacillations.
https://www.bankdeets.com/financial-info-blog/what-are-nfts-and-how-can-you-invest-in-them
As the world moves quicker with technology development and trending, people can run faster with smartness. Robotic technology, one of the foremost notable technological growth that cuts off human efforts by double and increases the general output by triple.
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We are within the era of cryptocurrency, where trading of crypto coins is becoming a passion among crypto individuals. Now, we are getting to take care of how robotic technology makes the method of crypto trading smarter and more automated.
What is meant by Bot?
Bot, the short-term of Robot, maybe a computer virus that automatically runs over the web or web. There also are some bots that don’t run automatically but require some specific input to execute the mentioned tasks.
Mostly we used different types of bots present in our daily routine, and a few of the general bots include chat room bots, malicious bots, and web crawlers, etc.,
Crypto Trading Bots
As cryptocurrency and crypto trading became more popular among people and also the appliance of robotic technology in every business process made bots enter into the crypto trading process.
In this Crypto trading bot are nothing but computer programs used for an automatic trading process. These bots use various indicators to acknowledge the trends within the market and make the simplest automatic trading execution whenever. These bots quickly made their thanks for staying long within the crypto market.
Types of Cryptocurrency Bots
There are many sorts of crypto trading bots, among which Arbitrage is one of the foremost popular types.
Arbitrage bots are special quiet bots that examine the worth of crypto coins across various exchange platforms and make the simplest trade order to require advantage of discrepancies.
Why bots in crypto tradings?
Here are a number of the advantages of using bots within the process of crypto trading.
1. Non-stop Trading
World crypto trading markets are open for twenty-four X 7, and humans cannot trade for that much time as they need to down. So,cloud-based trading bots
2. Quicker Execution
The price difference can happen in seconds within crypto markets as much as possible. So, an adaptation of Bots in crypto trading can automatically process and act on information that even humans cannot.
3. Elimination of emotion in trading
Effective trading is achieved through planning rather than running with gut feelings. Crypto trading bots eliminate feelings and react, trade only on the idea of knowledge.
4. Backtesting
If you would like to check a trading idea, you’ll use the Bot as a backtest. During which you’ll test your strategies with historical markets. You’ll also paper trade, during which you employ a bot to trade pretend money against the markets.
5. Ability to diversify
You can trade across different trading strategies and on various accounts using crypto trading bots.
How crypto trading bots work?
In this type of bots in crypto trading is so helpful, although there remains an ongoing debate. So as to use the crypto trading bots effectively, the investors should follow the below instructions or steps to trade.
First of all, investors should have a correct account setup in any cryptocurrency exchange platform. Then, they need to stock their accounts with crypto coin holdings. In some cases, most of the users can make decisions like whether to Buy or sell crypto coins. These orders are often executed by bots.
Every crypto trading bot neglects the time and efforts that each trader put in to form trades success by employing a get-rich-fast solution. At the starting stage, each Bot offers marginal returns even for proper functioning. All bots aren’t properly designed, so investors should remember that each of the crypto bot spaces is unregulated because the crypto globe is additionally unregulated.
Then the most vital thing is for correct uses of a bot; investors or traders need a brief knowledge of the crypto markets and a well-supporting investment plan. Since, for many of the investors, a bot could also be a useful gizmo to trade crypto coins.
Top-Most Crypto Trading Bots
As days travel by, there are many crypto trading bots on their thanks to the market, which varies from free software to costly-subscription-based trading bots for all professional and enthusiastic cryptocurrency traders.
The different factors that make all popular crypto trading bots differ from one another involve profitability, usability, and quality. Allow us to have a glance at a number of the famous crypto trading bots prevailing within the crypto market.
3Commas
3Commas, a famous crypto trading bot that supports for automated trading of cryptocurrency on famous Crypto exchange platforms like Binance.In this crypto trading bot offers an easy-to-navigate online-based smart trading dashboard that has in-built features like automatic mean-reversion trades, trailing stop losses, accessing trade processes on supported exchanges, copy trading, found out research, and backtest model, and a lot more.
ZenBot
ZenBot , an open-source crypto trading bot search on GitHub which may be downloaded and coded by anyone for its up-gradation. The download and modification of ZenBot are totally free. It uses a technical analysis-focused approach to perform trading strategies with the support of multiple assets.
ZenBot enables users in-depth high-frequency trade execution, and a paper trading function for real-time testing strategies.
Cryptohopper
Cryptohopper, a cloud-based crypto trading bot that performs trading for twenty-four X 7, albeit the user’s computer is turned off. This Bot also enables users special features like 3Commas, which mainly involves an embedded external signaler, that permits new or inexperienced traders to let their bot trade on autopilot, the configuration of trading supported multiple indicators.
It also executes trades as recommended by trusted and ranked 3rd parties. Cryptohopper offers free trading for the primary month, followed by subscription packages from $19 to $99 per month.
Haasbot
Haasbot, the most famous cryptocurrency trading bot that plays a crucial role within the market today. It furnishes a candlestick chart pattern recognition with which users can combine it with many other trading signals and may develop advanced cryptocurrency trading strategies.
Haasbot allows traders to interact in Arbitrage across various exchange platforms and also to guard their investments using stop-loss limits features. It’s mostly supported by major Bitcoin exchange platforms with a feature to customize it in terms of execution of the trading process.
Autonio
Autonio, the primary decentralized crypto trading bot which performs trading supported AI technology. It also has an easy-to-use trading software that benefits both new and professional traders.
It has a feature that mixes a group of technical indicators to make trade signals which help in automated trading. Additionally,well-performing trading algorithms are often bought and sold on Autonio.
Here may be a video that lists the top 5 crypto trading bots :
Risks within the usage of crypto trading bots
Some of the dangerous factors in using crypto trading bots are as follows:
There could also be an opportunity for the occurrence of scams while using crypto trading bots.
Chance of misconception in fixing and forgetting accounts using bots.
Many bots are coded with poor quality software, which makes Bot use worse.
Some crypto trading bots fail to line stop-loss limits.
It becomes difficult for several bots to research the complexity of the crypto markets.
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Bill Gates. Microsoft fellow benefactor Bill Gates disclosed to Bloomberg he isn't bullish on bitcoin and cautioned against bouncing into the exchange. Individuals who don't have as much cash to extra as Tesla CEO Elon Musk should keep an eye out, he said. The environment extremist thinks that the namelessness behind bitcoin exchanges is certainly not something to be thankful for.
Will the public authority take your Bitcoin?
Bureaucratic law permits the Government to seize and hold – and afterward, eventually, to sell with the returns going to Government coffers – "any property, genuine or individual, engaged with an exchange or endeavored exchange" that abuses certain predefined administrative rules.
Who possesses the most bitcoin?
Satoshi Nakamoto
At the first spot on the list is Satoshi Nakamoto, the originator of Bitcoin, who is reputed to possess around 1 million Bitcoins – albeit nobody knows who he truly is.
What is the most secure approach to purchase Bitcoin?
The most ideal approach to purchase bitcoin with a credit or check card is to discover a stage that offers brilliant security, satisfactory charges and that is advantageous to utilize. eToro is the most ideal approach to purchase Bitcoin with a charge card for the vast majority. It's free, it's helpful, and it's quick. Abra (for US inhabitants) likewise sticks out. NFTs
Would you be able to dodge charges with Bitcoin?
The simplest method to concede or dispose of assessment on your digital currency speculations is to purchase within an IRA, 401-k, characterized advantage, or other retirement plans. In the event that you purchase digital money within a conventional IRA, you will concede a charge on the additions until you start to take circulations.
What amount of charge do I pay on Bitcoin?
On the off chance that you possessed your bitcoin for over a year, you will pay a drawn-out capital increases charge rate on your benefit, which is dictated by your pay. For single filers, the capital increases charge rate is 0% in the event that you acquire up to $40,000 each year, 15% in the event that you procure up to $441,450, and 20% in the event that you make more than that.
How would I money out Bitcoin without settling charges?
The best way to genuinely try not to pay charges on your Bitcoin is to revoke your U.S. citizenship. At the point when you hold U.S. citizenship, you live under IRS charge law regardless and need to pay burdens regardless of where you reside.
Would i be able to purchase a vehicle with Bitcoin?
The truth of the matter is, it has actually consistently been feasible to purchase a Tesla, or any vehicle, for bitcoin. You simply need to sell your bitcoin for money first, at that point utilize that to purchase the vehicle.
How would I convert Bitcoins to dollars?
Step-by-step instructions to transform Bitcoin into USD through Coinbase. After you are in the selling segment of the wallet, you can choose the wallet you wish to sell from and the financial balance you wish to store. Enter the measure of USD that you are needing to get from selling your BTC.
What can execute Bitcoin?
Essentially, there are two kinds of Bitcoin executioners: Governments and programmers. You'll hear things like governments will boycott it or programmers will bring it down. Specialized assaults harm the organization, while political hurt Bitcoin holders.
https://www.bankdeets.com/financial-info-blog/what-are-nfts-and-how-can-you-invest-in-them
Quickbooks*(Support*Number)*☎️ ™+860∺288∺7497 ® Quickbooks Support
Quickbooks) Customer Service +I=860=288=7497 Quickbooks Customer service Number 24/7 for Toll-Free Number USA
(CashApp) CustomerService +I-(860≠288≠7497} CashAppCustomerservice Number 24/7 for Toll-Free Number USA
The purpose of this thread is to find those old games from the past whose title you just can't remember, or even a newer game you can't put your finger on. All questions pertaining to this subject must be asked here.
The old Game Remembrance Thread has been around since July 2008 and reached a titanic size with 58 pages and over 1700 posts and we agreed it would be a good idea to start over with a new one. It will remain available for reference here.
----------------CashApp Gold Customer Support Number{} Customer Support NumberpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O
Table of Contents: ******\*
- How this thread works CashApp Gold
- How to maximize your chances of finding what you're looking for CashApp Gold
Keep an eye on the thread CashApp Gold
Be patient CashApp Gold
If your game is found, say it!
----------------
How this Thread Works:
You come in and post as many details as possible about the game you're looking for, then wait until someone comes up with the answer. It's as simple as that. If no one has replied to your post, maybe it wasn't specific enough (see below), or maybe people are working on it, but don't have any further questions. Be patient.
----------------
How to maximize your chances of finding what you're looking for: CashApp Gold
Follow these simple guidelines:
1) As a general rule, be as much specific as you can, every little detail counts and may help us find what you're looking for.
2) Specify the time frame the game came out, at least the decade . Can't remember? Try thinking of other games you might remember playing around the same time as the one you are looking for.
3) Specify the system you played the game on (which console, PC, operating system). If you're not sure, telling us which systems you owned in your gaming history narrows the field down considerably. If it was a flash game that you played on some website, don't say "PC game", say "flash game" or "browser game".
4) List any distinctive qualities you can remember: what genre of game was it (FPS, RPG, Plat former...)? Was the game 2D or 3D? What did the characters and enemies look like? Was the protagonist a male or a female or multiple characters? Was it first person or third person? If third person, what was the camera angle: behind the character, from the side, top-down, isometric? Was the game really bloody? How many players in multiplayer? Post anything you can remember, even if it sounds insignificant.
Sticking to these ground rules will not only help others find the answer to your request, but ensures that the first answer given is more likely to be what you are looking for.
----------------CashApp GoldError Support Number} } CashApp GoldError SupportpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O
Keep an eye on the thread
Once you've posted a query, remember to periodically drop by to see if anyone was able to help. In that case be sure to say so, so people know the query has been resolved. Did you remember some new details? Add them via a new post, don't just edit your old one if it's older than a few days, or no one will see the edit!
----------------CashApp Gold premierSupportNumber{} } CashApp GoldpremierSupportpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O
Be patient
Just because you don't receive an answer right away it doesn't mean we aren't working on it. Sometimes it takes time for someone to recognize the game you're describing, so check back whenever you see the thread has new replies, they may contain the answer to your request.
Still no replies to your query? Don't assume people didn't try. Don't just repor
2021 A far more modest than anticipated PlayStation seems, by all accounts, to be always a simple choice, yet there's a clarification the PlayStation Classic comes continue to be on the summary of excellent social event consoles. Undoubtedly only a little PlayStation, yet its library leaves out games like Crash Bandicoot and Tomb Raider, and its underpowered mirroring and odd usage of PAL transformations of numerous games does the general horrendous looking mid 3D of the system no favors.
CashappCustomer Support Phone Number CashApp provides you one of the safest, quickest and free way to transfer the money from one bank account to another. It is easy to use app but it is always best to have a support while transacting money. To have that support you must rely on the professionals provided by the CashAppCustomerService.
CashApp is the platform which has been continuously evolving. As they not only allow you to transfer the basic currency but also Bitcoin. This kind of feature makes the app one of its kind.
Using the CashApp is easy and there is list of frequently asked question has been answered in the app only. But there can be some questions in your mind that are not in the list. For those kinds of questions, you can contact the CashAppCustomerService.
CashApp has been proven in the past as one of the safest platforms for money transfer. The data stored in the app is safe with each person having unique username. These kinds of feature have made CashApp fast growing app in the U.S.
They have not stopped there only, as they are providing the 24-hour customer support to their users. It does not matter how you are contacting them weather it is through mail, via app or dialling the CashApp support number. All you need is put the question in front of them and they will answer you as soon as possible.
How do I talk to CashApp representative?
CashApp has always been the all about the customer satisfaction. This is the reason CashApp Support are providing various ways to contact them if you face any problem. Ways through which you can contact the CashAppcustomerService.
With the help of CashApp
In the CashApp there is a circular icon in the top left corner of the app of your smart phone.
There you will find the option of “Cash support”.
After that you will get different options like “access old account”, “missing payment”, and “something else”. If you have the listed problem then you can choose them otherwise select “something else”.
Once you do that you will be getting a list various other common issues, if you are able to find your issue than select that option. But once you have gone through the list and still not satisfied than in the last you will get the option of “contact support”.
After this you will be getting the option of getting in touch with them via e-mail or by phone call. You have to describe the issue best way possible and they will revert you back within 24-hours
Quickbooks*(Support*Number)*☎️ ™+860∺288∺7497 ® Quickbooks Support
Quickbooks) Customer Service +I=860=288=7497 Quickbooks Customer service Number 24/7 for Toll-Free Number USA
(CashApp) CustomerService +I-(860≠288≠7497} CashAppCustomerservice Number 24/7 for Toll-Free Number USA
The purpose of this thread is to find those old games from the past whose title you just can't remember, or even a newer game you can't put your finger on. All questions pertaining to this subject must be asked here.
The old Game Remembrance Thread has been around since July 2008 and reached a titanic size with 58 pages and over 1700 posts and we agreed it would be a good idea to start over with a new one. It will remain available for reference here.
----------------CashApp Gold Customer Support Number{} Customer Support NumberpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O
Table of Contents: ******\*
- How this thread works CashApp Gold
- How to maximize your chances of finding what you're looking for CashApp Gold
Keep an eye on the thread CashApp Gold
Be patient CashApp Gold
If your game is found, say it!
----------------
How this Thread Works:
You come in and post as many details as possible about the game you're looking for, then wait until someone comes up with the answer. It's as simple as that. If no one has replied to your post, maybe it wasn't specific enough (see below), or maybe people are working on it, but don't have any further questions. Be patient.
----------------
How to maximize your chances of finding what you're looking for: CashApp Gold
Follow these simple guidelines:
1) As a general rule, be as much specific as you can, every little detail counts and may help us find what you're looking for.
2) Specify the time frame the game came out, at least the decade . Can't remember? Try thinking of other games you might remember playing around the same time as the one you are looking for.
3) Specify the system you played the game on (which console, PC, operating system). If you're not sure, telling us which systems you owned in your gaming history narrows the field down considerably. If it was a flash game that you played on some website, don't say "PC game", say "flash game" or "browser game".
4) List any distinctive qualities you can remember: what genre of game was it (FPS, RPG, Plat former...)? Was the game 2D or 3D? What did the characters and enemies look like? Was the protagonist a male or a female or multiple characters? Was it first person or third person? If third person, what was the camera angle: behind the character, from the side, top-down, isometric? Was the game really bloody? How many players in multiplayer? Post anything you can remember, even if it sounds insignificant.
Sticking to these ground rules will not only help others find the answer to your request, but ensures that the first answer given is more likely to be what you are looking for.
----------------CashApp GoldError Support Number} } CashApp GoldError SupportpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O
Keep an eye on the thread
Once you've posted a query, remember to periodically drop by to see if anyone was able to help. In that case be sure to say so, so people know the query has been resolved. Did you remember some new details? Add them via a new post, don't just edit your old one if it's older than a few days, or no one will see the edit!
----------------CashApp Gold premierSupportNumber{} } CashApp GoldpremierSupportpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O
Be patient
Just because you don't receive an answer right away it doesn't mean we aren't working on it. Sometimes it takes time for someone to recognize the game you're describing, so check back whenever you see the thread has new replies, they may contain the answer to your request.
Still no replies to your query? Don't assume people didn't try. Don't just repor
2021 A far more modest than anticipated PlayStation seems, by all accounts, to be always a simple choice, yet there's a clarification the PlayStation Classic comes continue to be on the summary of excellent social event consoles. Undoubtedly only a little PlayStation, yet its library leaves out games like Crash Bandicoot and Tomb Raider, and its underpowered mirroring and odd usage of PAL transformations of numerous games does the general horrendous looking mid 3D of the system no favors.
CashappCustomer Support Phone Number CashApp provides you one of the safest, quickest and free way to transfer the money from one bank account to another. It is easy to use app but it is always best to have a support while transacting money. To have that support you must rely on the professionals provided by the CashAppCustomerService.
CashApp is the platform which has been continuously evolving. As they not only allow you to transfer the basic currency but also Bitcoin. This kind of feature makes the app one of its kind.
Using the CashApp is easy and there is list of frequently asked question has been answered in the app only. But there can be some questions in your mind that are not in the list. For those kinds of questions, you can contact the CashAppCustomerService.
CashApp has been proven in the past as one of the safest platforms for money transfer. The data stored in the app is safe with each person having unique username. These kinds of feature have made CashApp fast growing app in the U.S.
They have not stopped there only, as they are providing the 24-hour customer support to their users. It does not matter how you are contacting them weather it is through mail, via app or dialling the CashApp support number. All you need is put the question in front of them and they will answer you as soon as possible.
How do I talk to CashApp representative?
CashApp has always been the all about the customer satisfaction. This is the reason CashApp Support are providing various ways to contact them if you face any problem. Ways through which you can contact the CashAppcustomerService.
With the help of CashApp
In the CashApp there is a circular icon in the top left corner of the app of your smart phone.
There you will find the option of “Cash support”.
After that you will get different options like “access old account”, “missing payment”, and “something else”. If you have the listed problem then you can choose them otherwise select “something else”.
Once you do that you will be getting a list various other common issues, if you are able to find your issue than select that option. But once you have gone through the list and still not satisfied than in the last you will get the option of “contact support”.
After this you will be getting the option of getting in touch with them via e-mail or by phone call. You have to describe the issue best way possible and they will revert you back within 24-hours
