How to Make Money from Trading Cryptocurrency

If you have some money that are unemployed, you will be surprised to see what could be done with that money

Only the amount of money in the form of Bitcoin, you can start trading (buying and selling) digital currency (cryptocurrencies) from now. You do not need to pay a commission to the broker, does not need to pass through a third party, and no longer need to worry about the presence of any obstruction to start trading. You need to have is a little part of Bitcoin. If you dare to sacrifice some percentage of your money, then Invest into the world of digital currency.

I started trading with Bitcoin for less than $ 40 (or 500 thousand rupiah)

But gradually, I Bitcoin trading reached 5.5 Bitcoin (which is roughly a $ 5000/65 million Rupiah at the time) in less than 1-2 months. It should be noted that this does not mean trading cryptocurrency it is very easy to do. Losing some of your money is a natural thing in investing or trading, but you can certainly minimize the risk of loss by applying the correct strategy. The reality is if trading is a way that is very easy to do and without risk, then surely everyone will become a trader. However if you are someone who is patient and act based on an analysis of market trends and strategies mature, then you will surely like digital currency trading.

What the digital currency?

Digital currency (or cryptocurrency) is more than just digital numbers are used by people as money. Technology behind Bitcoin digital currency as the world's first decentralized is a great book that can be accessed anywhere and at any time by the public as long as they are connected to the net. Cryptographic technology called Blockchain that makes Bitcoin, litecoin, Darkcoin and coin-coin alternative to other Bitcoin known as "Cryptocurrency".

Cryptocurrency is actual Wall Street

As ledger decentralized, Blockchain will not be controlled or manipulated by any party, organization or institution. Designs that are in the technology makes all transactions running in virtual and without error, and not only can be used as a tool to transfer the ownership of digital currency, but also for the transfer of assets, shares, contracts, commodities, and escrow services. This technology has the potential to change the future of the financial world, where the market could become more democratic and removes the 'banksters' (a term for dishonest people who work in the banking industry).

If you only ever hear a glimpse of Cryptocurrency, probably technical terms this can leave you confused

It is important for you to learn about cryptocurrency, but if you are only interested in using it as a means of trading and investing, then you just have a basic knowledge of business, consumer demand, and economic law standards to stand in position or even higher than the other trader ( at least for the moment). Most traders that exist today are the people who already use cryptocurrency since its inception, the miners (miners), programmers and people who understand the problem than the technology or the business world market. Because they are more focused on crypto community and the technological innovation that makes coin-coin is getting famous, you could have a greater chance for you to think beyond them.



Get your first Bitcoin to start trading

There are many markets (exchanges) that provides a place to buy and sell cryptocurrency with USD or currencies of other countries, but we recommend you buy Bitcoin cryptocurrency advance than others. With some Bitcoin, you can easily exchange it into another digital currency whenever you want through the markets that serves the sale Bitcoin with alternate coins (other than Bitcoin digital currency). You need to remember that you do not need to buy Bitcoin as a whole (because the price is quite expensive, one Bitcoin is already worth $ 390 at the time this article was written). You simply buy some part of it, or what is known as Satoshi. For example, 500 thousand Satoshi was equal to 0.005 Bitcoin (in other words, to buy 500K Satoshi, your only costs less than $ 2). One of the safest places to buy Bitcoin with coinbase.com USD is passing, but there are many other places that you can choose to buy Bitcoin with a cheaper price or in accordance with your country's currency.

Once you have a Bitcoin, it's time to find a market / exchange is good for your trading

Digital currency market that I think most unreliable is Bittrex.com. Obviously there are many other markets in the world-some good, some bad, and some have gone bankrupt, like Mt. GOX. Many people are reluctant to have cryptocurrency because a lot of bad news affecting these markets such as the case of exchange that suddenly go bankrupt, or coin-coin customers were stolen and lost somewhere. But personally, I see it as a way for new markets appear to be growing at a more mature preparation.

Word spread very quickly in the world cryptocurrency, so continue to monitor the news every day

Follow the news on Twitter to find out the latest developments for companies and markets cryptocurrency often discussed there. You can also read the info on forums devoted to the topic cryptocurrency or follow the related hash tags. Information and news can be your strength, and rumors can also be an opportunity for you!

Once you have a Bitcoin in exchange account, you can start trading

However, before you randomly choose and observe other digital currency charts, I recommend you to at least do some research for a while so as not 'blind' when trading. The best way to learn about each digital currency there is to add the keyword 'ann' after the name of the coin. For example, write "Cannabiscoin ann" in the search box. The word 'ann' here means announcement or news / announcements. With these keywords, you can directly connect to the existing forums in bitcointalk.org and you can mengaksesthread special about the coin.

Thread as it will show the important information you need to know as the total supply of existing coin, detailed technical issues, the development plan, the vision and mission, community speculation, etc. Plus, you can also go back to Twitter because the site is not just a great place to find news, but also to keep track of all the web pages and forums related to coin it.

Trading Basics

In researching a market traders will usually refers to fundamental analysis. If you can look for the right information in the appropriate time and understand exactly how the information relates to the market, it will be easier for you to predict market trends-especially to read whether the coin price will go up or down. In addition to fundamental analysis, you can also use technical analysis. Technical analysis is tantamount importance, but is more focused on how to read charts and find certain patterns in it-for example, when the price reaches a certain point, the coin will decrease the price.

The basic thing that is most important to remember: Buy when prices are cheap and sell it back when the price is high

Why? Because people who do not sell their coin when rates are kept 'pumped' up (pump) will not sell their digital currency at lower prices again. So it is clear that when the price of coin you are buying is moving up steadily, then it is a good time to sell your coin back into Bitcoin. And if you choose this coin has good prospects and you want to invest for the long term, then make sure you buy the coin when the price is down (dump). Sometimes, it is easier if you focus on coin-coin collecting to buy more good than Bitcoin for a nice coin surely the price will rise again.

And that's how the trading process is running.





This article is a translation of "How to Make Money Trading Cryptocurrency" written by Altcoinplayer

Indonesia's largest bitcoin market southeast asia

Jakarta - bitcoin market share in Indonesia is less than 1 percent, however, the weakening of the rupiah and the prospect of bitcoin as an investment instrument can foster the development of the digital currency.
This was conveyed by Oscar Darmawan, co-founder www.bitcoin.co.id bitcoin trading site, to beritasatu.com.
"China is the largest market with 50 percent bitcoin bitcoin circulation, followed by the US with 35 percent. Indonesia and other countries, only 1 percent or less, "said Oscar.
Values ​​bitcoin circulation in Indonesia, according to Oscar, only around Rp 2 billion per month. A very small number in comparison with China, which reached about 230 million yuan per day (Rp 460 billion). Even at its peak, bitcoin transactions in China could reach $ 1 trillion per day.
"If the US and China has been the trend, India and Indonesia could be the next big market. But all of it back to the 'merchant' and the investors themselves, "said the 28-year-old man." While the number of investors and 'merchant' who accept bitcoin is still a bit ".
Investment in bitcoin does look tempting. At the end of 2012, 1 BTC sold for US $ 13.5, but in early December this year, the price goes up to US $ 1,200 per 1 bitcoin. 1 BTC current price is US $ 742, compared to two days ago in the range of US $ 500-US $ 600.
"Yesterday bitcoin prices had fallen by 50 percent as a result of China's central bank banned the Chinese banks do 'clearing' of bitcoin transactions. Bitcoin itself is not illegal, but investors panicked causing a sell-off that makes bitcoin prices fall, "said Oscar.
"It now is a good time to invest in bitcoin because the price again dropped," he added.
In www.bitcoin.co.id, per December 20, 1 BTC traded with buying rate of USD 9.3 million and USD 7.7 million sales.
"The advantage compared to conventional currency bitcoin is no inflation. The condition of a country sometimes makes the central bank to print more currency to inflation. In bitcoin, inflation is unlikely because of the amount fixed, "he said.
He added that investors bitcoin in Indonesia is still small. The number is estimated about 100 people.
"To raise awareness of the bitcoin, we plan to hold seminars and book launches," he said. "My goal is to raise the value of bitcoin transactions in Indonesia of Rp 2 billion per month to Rp 2 billion per day".
Oscar reminded, for those who want to try bitcoin in order to prepare a minimum investment of USD 100 million and should be ready to lose the investment, because bitcoin exchange rate fluctuates widely.
"Set aside money experiment. Do not saving money withdrawn. The risk is, if suddenly demand was dropped once the price drops, "he said.
However, according to beritasatu.com search, not easy to find sites that accept bitcoin. Www.shopify.com sites and WordPress is an example.
However, sites like Amazon, iTunes, and Google Store does not accept bitcoin. Neither is the case with e-commerce sites such as klikbca local and bhinneka.com.
"In Indonesia it is not much to accept bitcoin. Among these are www.republikhost.com and www.ads-id.com. In China, www.taobao.com also had to accept bitcoin, "said Oscar.
Faisal Maliki Baskoro / FMB

Bitcoin Price Hits $420 Amid Sideways Market Movement

Markets Weekly is a weekly column analyzing price movements in the global digital currency markets, and the technology's use case as an asset class.

Though the scaling debate remains in progress, bitcoin enjoyed both price stability and high trading volume in the seven days through 12:00 UTC on 11th March. Market participants traded more than 35m BTC during the seven days through 1:30 p.m. (EST), Bitcoinity figures reveal.
These trends were similar to the prior week, when bitcoin prices fell less than 1% and market participants traded more than 28m BTC.
Elsewhere, bitcoin prices crept higher between 12:00 UTC on 4th March and 12:00 UTC on 11th March, rising from $419.60 to $420.86, according to the CoinDesk USD Bitcoin Price Index (BPI). This represented a 0.2% gain.

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The digital currency did experience some volatility during the week, however, as the community continued to debate whether the network was facing capacity issues.
Data from Statoshi.info shows that many data blocks this week were full to capacity with transactions, a move that industry businesses have asserted is the cause of customer complaints.
Perhaps accordingly, the currency plunged to $393.18 by 16:00 (UTC) on 5th March, a 7% decline from 12:00 UTC on 4th March, but recovered quickly, rising to $408.90 at 15:00 UTC on 6th March. Bitcoin then broke above $410 at 11:00 UTC on 7th March, hitting $414.39 by 03:00 UTC by 8th March.
For the rest of the week, the digital currency’s price mostly fluctuated between $410 and $420.

Blockchain concerns

While differing camps have proposed more than one way to solve the scaling debate, the bitcoin community has yet to embrace any particular solution. Currently, blocks can hold up to 1 MB worth of transactions, and more than one solution has been proposed to increase capacity.
This is a key issue for traders, as the perception that high fees are needed to transactions, the thinking goes, could perhaps discourage new buyers or users.
Whether the fees are 'high' or enough to discourage users remains debatable, but some traders believe that negativity toward capacity issues is being balanced out by other forces.
For example, the amount of rewards paid out by the bitcoin network is expected to halve in July, reducing the seignorage miners receive for 25 BTC to 12.5 BTC. Arthur Hayes, co-founder and CEO of digital currency exchange BitMEX, spoke to this situation in his latest newsletter.
He further outlined the uncertainty over the scaling issue, showing how the network would operate differently depending on how or whether it is addressed.
"Some speculate that the saving grace for miners is higher transaction fee income," said Hayes. "That means either much higher fees due to network congestion (no block size increase), or lower fees but on a higher number of transactions on a network that can support more transactions (block size increase)."
Hayes notably doesn't see the issue being addressed before the July reward halving, at which point some industry observers believe the price of bitcoin could increase as the rate of new coin creation is reduced.
"Either way, battle lines have been drawn and it doesn’t appear a solution will present itself before the July halving," Hayes wrote.
Still, others believe there is still optimism for an eventual solution, and that this is positively impacting price.
Tim Enneking, chairman of Crypto Currency Fund, a digital currency-focused hedge fund, asserted that "the miners, exchanges and traders believe the hard fork matter will eventually be decided."
"There are two competing schools, and they are both releasing code," he said, adding:

"There is enough uncertainty to keep the price down, and there is enough confidence to keep it up, so it’s moving sideways."

Charles L. Bovaird II is a financial writer and consultant specializing in securities markets.
Follow Charles Bovaird on Twitter here.
Sideways candles image via Shutterstock

Markets WeeklyPrices

ETH (Ethereum) COIN

Welcome to the New Beginning

When the grand experiment that is bitcoin began, the anonymous wizard desired to test two parameters- a trustless, decentralized database enjoying security enforced by the austere relentlessness of cryptography and a robust transaction system capable of sending value across the world without intermediaries. Yet the past five years years have painfully demonstrated a third missing feature: a sufficiently powerful Turing-complete scripting language. Up until this point, most innovation in advanced applications such as domain and identity registration, user-issued currencies, smart property, smart contracts, and decentralized exchange has been highly fragmented, and implementing any of these technologies has required creating an entire meta-protocol layer or even a specialized blockchain. Theoretically, however, each and every one of these innovations and more can potentially be made hundreds of times easier to implement, and easier to scale, if only there was a stronger foundational layer with a powerful scripting language for all of these protocols to build upon. And this need is what we seek to satisfy.

Ethereum is a modular, stateful, Turing-complete contract scripting system married to a blockchain and developed with a philosophy of simplicity, universal accessibility and generalization. Our goal is to provide a platform for decentralized applications - an android of the cryptocurrency world, where all efforts can share a common set of APIs, trustless interactions and no compromises. We ask for the community to join us as volunteers, developers, investors and evangelists seeking to enable a fundamentally different paradigm for the internet and the relationships it provides.

Who is Behind Ethereum?

Our primary core devs are:

• Vitalik Buterin → Inventor of Ethereum, protocol developer and researcher
• Gavin Wood →Lead C++ developer
• Jeffrey Wilcke → Lead Go developer

Primary non-development members include:

• Anthony Di Iorio → Founder and Executive Director of the Bitcoin Alliance of Canada, Bitcoin Decentral, KryptoKit
• Mihai Alisie → Founder of Bitcoin Magazine and Egora
• Joseph Lubin → Software engineer, Quantitative Analyst
• Stephan Tual → Founder of Ursium, Communications

A more extensive but non-exhaustive list of team members can be found here.

Our ether sale is available at http://ethereum.org ; the site contains all needed instructions.

The Next Step: Some Links

Welcome to the Ethereum Ecosystem:

• http://ethereum.org/
• http://ethereum.org/ethereum.html
• Enjoy the Code: https://github.com/ethereum
• Whitepaper: https://ethereum.org/pdfs/EthereumWhitePaper.pdf
• Yellowpaper: https://ethereum.org/pdfs/EthereumYellowPaper.pdf
• Blog: http://blog.ethereum.org
• Reddit: http://reddit.com/r/ethereum

DASH INFO

Dash’s Incredible 2015 (And A Gaze Into The Crystal Ball’s 2016)

by Fernando Gutierrez | Jan 6, 2016 | Opinion

Crosspost from Dashtalk. Original post by Ryan Taylor, aka babygiraffe.
The passing of a year is a time of unusual rituals around the world, both to celebrate the arrival of the new year, and to predict what that year might entail. The Spanish eat 12 grapes at midnight – one for each month of the coming year. Sweet ones portend a great month while sour ones predict less favorable ones. The Danish have a propensity to leap from chairs at the stroke of midnight, though I’m guessing this doesn’t do much to predict fortune in the coming year, unless someone ends up in the emergency room. The Chinese go all out, celebrating for 10-15 days, though their new year occurs somewhere between mid-January and mid-February every year.
Despite all the differences around the world of when and how a new year is celebrated, almost all cultures seem to encourage taking stock of the year just past and making resolutions – or at least predictions – for the next one. As I take stock of this past year personally, it includes some good things and some bad things. The biggest change is that I got engaged and married to my best friend, so 2015 was clearly a great one – certainly one I will always remember. Dash was a big part of my 2015, too.
At times, it may have seemed that 2015 was “The Year Of The Troll” as we fought the urge to respond to an incessant organized campaign of misinformation. When you look past the noise, however, and look at our accomplishments and the market’s response, it is clear that 2015 was nothing short of incredible.
It’s worth recalling that Dash is very young for a top-ranked crypto-currency; Bitcoin is over 5 years older. Given where the Dash project is and what has been accomplished already, it is easy to forget that this is Dash’s very first full calendar year in existence. And yet, by almost any objective measure, Dash is doing amazingly well.
Price is certainly one objective way to measure our success. While we’ve repeatedly stated that price appreciation is not an explicit goal of the project, the team believes price appreciation will result from a well-executed strategy.
Dash finished 2014 at $1.91 vs. $3.31 at the end of 2015. Investors have made an astounding 73.3% return. Masternode operators have enjoyed additional rewards throughout the year for their efforts to support the network… Masternode operators that retain their Masternode payments easily achieved over 100% returns. These results compare favorably to Bitcoin’s 36.9% return for 2015.
In terms of market cap, the numbers are even more amazing. We have grown from $9.54 million to $20.18 million, or 111.5% due in part to the growth in the number of coins. Our market cap growth also compares favorably to Bitcoin’s 50.7% increase.
In terms of market cap ranking, we finished 2014 ranked as the #12 crypto-currency, below Dogecoin, Peercoin, Bitshares, Stellar, Nxt, MaidSafeCoin, Counterparty, and yes, even below Paycoin. Today, we have solidly secured the #5 position in the rankings, overtaking all of the previously mentioned coins.
So it appears that the market is beginning to value our achievements and market potential. When you take stock of the accomplishments the Dash community has delivered, it is understandable why. We have the most active and engaged community in crypto. Our community is filled to the brim with contributors helping in a myriad of ways as their time and talents permit, something you just don’t see to the same extent with other coins. There is a strong feeling of comradery, respect, ownership, and appreciation in this community that attracts professional, hard-working, passionate advocates to our project. In addition, there seems to be a real spirit that we are doing something special and transformative that has the potential to literally change the world and people’s lives for the better.
So just what has the community achieved this year? Like I said earlier, it’s truly amazing. There are so many incredible accomplishments, that I am forced to abandon prose in favor of a long bulleted list (that kot compiled… thank you kot!). Even at that, I am certain that many things have been missed, large and small. However, it is worth highlighting some of our key accomplishments.
We had our first Dash-themed music video, which I have to admit, was not hard on the eyes. But, as much as you might have enjoyed that video, we are not all about marketing hype around here. We actually deliver innovation and are building out an amazing ecosystem surrounding ground-breaking technology, so I suppose I should highlight those things as well.
First, we extended the use of our second network tier to perform more than simply mixing services. In February, we added InstantX, which allows instant confirmation of transactions, the first solution of its kind in the crypto space. In the same release, we migrated all of our code base to branch from Bitcoin instead of Litecoin. This allowed us to incorporate many recent improvements incorporated into Bitcoin. In March, we changed our brand from Darkcoin to Dash, which helped better position us for the mass market and align or brand with the broader capabilities we bring to the market besides anonymity. In May, we released the first ever voting by blockchain solution, which enabled yes / no voting on questions posed to the community. I believe the first vote was on whether that famous dress was black and blue, or white and gold. Clearly, the dress was white and gold. In August, we released the broadest set of changes ever deployed in a single release, consisting of some 21,000 new lines of code. It included decentralized governance and a budgeting system, yet another set of firsts in crypto… and that, it seems, has changed everything.
The core team and community are now as empowered as ever. No longer is Dash beholden to the whims (and undue influence) of benefactors to try an idea. Anyone can submit a proposal, receive funding, and implement an idea if they can convince the community of its value. Plus, Masternode owners can more freely support good ideas, because they know that everyone else will be sharing in the burden of funding an initiative right along with them, rather than riding their coattails.
As a result, starting in September, Dash has funded many amazing initiatives and truly accelerated its growth. We have purchased a new domain name, funded attendance at Bitcoin meetups and conferences, funded sponsorships, enabled a small salary for our developers and other contributors, engaged a public relations firm, and initiated integration with Lamassu ATMs to name but a few.
Looking at this longer list of achievements, I am truly in awe and thankful to the community.

Achievements

1. Technical / Development

• Stable implementation of the 2nd tier
• Added InstantX instant transactions: https://www.cryptocoinsnews.com/darkcoin-now-supports-instant-transactions/
• Blockchain based governance and network-funded budgeting system: https://www.cryptocoinsnews.com/dash-implement-decentralized-governance-system/
• Upgrade from Litecoin to Bitcoin Core codebase
• Release of the Dash wallet version 11
• Release of the Dash wallet version 12
• Added support for multi Masternode configurations from a single wallet
• Improved DarkSend speed and efficiency
• Implementation of the project governance framework
• Improvements to Masternode payment frequency
• Implementation of the Electrum-Dash wallet (together with TREZOR implementation): https://dashpay.atlassian.net/wiki/display/DOC/Hardware Wallets
• Implementation of the Apple iPhone wallet: https://dashpay.atlassian.net/wiki/display/DOC/iPhone – DashWallet v.0.8.8
• Implementation of the Android wallet: https://play.google.com/store/apps/details?id=hashengineering.darkcoin.wallet
• Launch of Dash Evolution (3rd Tier, decentralized social data storage, social network functionality, an identity system, a decentralized API): https://www.dash.org/evolution/

2. Marketing

• Re-branded Darkcoin to Dash
• New website coinciding with rebranding. More content, new design and multilingual (Chinese, Russian and Spanish)
• dash.org domain purchase
• Launched new website design project
• Creation of “What is Dash?” video and translated it to 20 languages:

https://www.youtube.com/watch?v=0GACaNvBlwc

• Presentation at Barcelona Bitcoin Meetup:

• Presentation at Bitcoin Wednesday in Amsterdam:
  
  • Dash keynote in October and next two sessions in November and December
  • Dash as a sponsor of Bitcoin Wednesday
  • New contacts and relationships taken from the event
• Presentation at FinTech Amsterdam:

• LaBITconf 2015 in Mexico:
  • Evan’s keynote during the conference
  • New contacts and business relationships with key crypto industry representatives
• Tennis open advertisement
• Multiple community videos and marketing campaigns
• First Dash music video: https://www.youtube.com/watch?v=8EZ8U5F8V1U

3. Business Development

• Establishment of new relationships
  • Bitcoin Wednesday
  • LaBITConf relationship and participation in the conference
  • Koinbanx relationship established during conference in Mexico
  • North American Bitcoin Conference in Miami
  • Transform PR – they will support our PR and marketing efforts
• Merchants and services
  • Initiated project of Dash integration with Lamassu BTMs
  • Trezor hardware wallet for Dash
  • Genesis Mining https://www.genesis-mining.com/ (offering cloud mining services for Dash)
  • Additional merchants, for more details go to: https://dashtalk.org/threads/merchant-directory-listing-updated-oct-2015.3445/

4. PR/Social media

• Extended Social Media Pages:
  • 13 Pages (daily updates)
  • 4-5 Chat Groups (incl, Slack, Telegram, IRC,….)
• China (as they can not access dash.org)
  • Banner Ads on 8btc
  • 8btc Community/ Wallet download page / Dash Section/ translations (100% News)
  • Extended Social Media (QQ Group’s)
  • www.dashpay.cn ready but not launched yet
• Spain
  • Banner Ads
  • Translation / Publishing News / Giveaway
  • Extended Social Media (FB page)
• Portugal
  • Banner Ads
  • Translation / Publishing News / Giveaway
  • Extended Social Media (FB page + Telegram Chat Group)
• Russia
  • http://dash.org.ru
  • Translation / Publishing News / a lot of community PR
  • Extended Social Media (FB page)
• Wiki + YouTube (Guides)
  • YouTube 502 subscribers, 56,132 views, 120 Videos (incl different languages + Subtitles)
  • Dash Wiki (99% up to date, incl Guides, Videos, Explanations, Help, Q n A,….)

5. Organizational

• Dash Strategy: https://dashpay.atlassian.net/wiki/display/OC/Dash Strategy
• Mission and Vision statement: https://dashtalk.org/threads/dash-mission-and-vision-statement.4998/
• New core team members: moocowmoo, fulltimegeek, balu, __kot__ and many others
• Migration to Slack and defined roles in our virtual organization

Kudos go out to the entire community. This list is truly awe-inspiring when you consider the amount of work that went into each of those accomplishments. The list of community members that deserve accolades this year would extend to pages, and I would truly struggle where to draw the line. You know who you are. I would be remiss if I didn’t specifically recognize the vision and commitment of the founder of our project, Evan Almighty. We are lucky to have a leader with as much vision and commitment as he brings to this project.
2015 was not without its challenges, however. The price sank to as low as $1.16 in January, which may have rattled a few believers. For those that have stuck with this project, it has been rewarding both monetarily and otherwise. Another challenge was the trolls, which weren’t all bad. They frequently bumped our BCT thread and provided endless entertainment for those of us that didn’t put them on ignore. We’ve also needed to focus on improving our deployment process for major releases, which has markedly improved already. Bitfinex dropping Dash was a disappointment. At the time, volumes were pretty low, so I can’t blame them for a tough business decision. Time will tell if it was a wise one.
As we turn our attention to 2016, we have many challenges ahead; many we can’t even predict. However, it is fair to say that we are as competitively positioned as any point in our history to continue dealing with our challenges, delivering on our strategy, and capturing market share.
To me, it is plainly obvious why. I don’t think any sane and knowledgeable person would argue that what Bitcoin needs right now – more than anything else – is more security. They already possess the equivalent computing power of over 100 Googles to secure their network. Meanwhile, I continue seeing headlines like “Bitcoin Foundation’s Days May Be Numbered”. Yet Bitcoin – and virtually every other coin out there – continues to explicitly allocate 100% of the network rewards toward that solitary purpose in the form of mining. Dash offers a differentiated solution to the crypto market, one that allocates the network’s resources more efficiently than any other coin, and has the governance in place to change that allocation as needed to address other needs, such as development, marketing, business development, legal, or any number of other priorities. We are currently 0.32% the market cap of Bitcoin, but I don’t see how we could stay there. Considering the sustainable competitive advantages we possess, and the differentiated solutions we offer end-users, I believe Dash will capture sizable markets serving use cases that our network is particularly well-suited to address.
I will stop short of making any specific predictions for 2016. Although the title above promises a crystal ball, alas I do not have one. To be fair, I have already made more of a prediction than Fernando did in Dash’s first birthday post from last January. It read, “…there is no telling what [Dash] will achieve by its 2nd Birthday”. Besides, predictions have a funny way of later making you look quite stupid.
Instead, I will end with my new year’s resolution, one that I do not intend to break. I am increasing my commitment to the Dash project. I will apply substantial time, skills, and resources towards its success in the coming year. I am starting my 2016 commitment with a self-funded trip to Miami, additional responsibilities on the core team, and purchasing another masternode. In a sense, I am also ending with a call to action… I hope to inspire many of you to also find at least one more way you can contribute. Find some additional time in your busy schedule, vote on the proposals, introduce Dash to people you meet, or start your first masternode. If we all made contributions large and small, what will we be saying at the end of 2016? What will the world be saying about us at the end of 2016? Time will tell.
Now go eat 12 grapes. I hope each one is the sweetest you’ve ever tasted. Happy New Year everyone!

Earn Passive Income by Running a Dash Masternode on Raspberry Pi

by Guest Author | Jul 10, 2015 | Opinion

Why would you want to earn passive income as a Dash Masternode?
First, one can get up and running with just a Raspberry Pi (also in a dedicated server or in a VPS), which is small and inexpensive. Second, the return-on-investment (ROI) is currently estimated at 17 % per year.
The Dash blockchain has set itself apart as the world’s only currency to incentive its nodes with regular payment. Masternodes earn 47.5 % of the Dash block reward, which puts their earnings on par with Dash’s miners.
With some initial collateral and around US$50 to invest in hardware, you too can join the savvy group of earners running a Dash Masternode on a Raspberry Pi.

Pi Time

We interviewed two current Masternodes operators about their costs, setups, and recommendations. Dash Talk members Mangled Blue and Fuzzyduck both use the Raspberry Pi 2, which costs about US$40. They’ve added to it an $US8 microSD card (8GB).
Mangled Blue says that he also used an HDMI cable, HDMI monitor, a USB keyboard, and a USB mouse. He indicates that it’s possible to use a cell phone charger for power, or a microUSB-b to USB cable. Lastly, he connects his Pi with an Ethernet cable to his Internet modem, as he doesn’t recommend using Wi-Fi, though he concedes that it could work. He adds:

“I might not know every little detail about DASH or other cryptos, but having a Masternode    keeps me involved. It also forces me to learn something new – I knew nothing about Linux this time last year.”

Fuzzyduck says that the Raspberry Pi 1 only had 512MB of RAM, which may not have been enough to run a Masternode. But the Raspberry Pi 2 – boasting a full gigabyte of RAM – does the trick. He says:

“My Pi2 is running super-stable at the moment, and I hope it remains this way for the coming versions. I would like to see more people just try it.”

Collateral

A collateral of 1,000 Dash is required to run a Masternode. This amount remains in the user’s possession (no private keys are transferred to anyone else). The user can rescind their Masternode status at any time by reclaiming their collateral.
The collateral scheme is designed to make a malicious takeover of the network (a “51 % attack”) cost-prohibitive for an attacker. It also has a side benefit of stabilizing Dash’s price, making it more attractive as a currency.
Interested in running a Masternode, but don’t have the full collateral amount? Not a problem. “Even if you don’t have the 1,000 Dash required, we can find you people to pair up with –  that’s how I got started,” says Mangled Blue. “You’ll find a lot of good info and people in the forums to get you up and running.”

Earnings

“After running the Masternode stable for months now, I can totally say it already paid for itself for sure!” says Fuzzyduck. “Current price is US$3 per Dash. My Pi2 cost about US$35. I earn three Dash every four days. Do the math.”
And the payout isn’t the only perk for Fuzzyduck. He continues, “Since we are all technerds, we love to tinker with hardware and software – just for the fun of it! If I can do it, you can too.”

Proper Security & Risk Management

Dash Talk user Flare chimed in on security. He says:

“Running a publicly accessible host always requires security measures – the same security rules   which apply for a VPS also apply for a home-run Pi (e.g. enable firewall and disable remote root login).”

And in the event that your home network is breached, your 1,000 Dash collateral is still safe, as neither a Pi nor a VPS ever stores your private keys.

Fringe Benefits

A Dash Masternode does more than just provide paid services to the network (namely the hugely important Darksend and InstantX). Each new node also adds to Dash’s decentralization – a key component for any peer-to-peer operation that aims to achieve resilience and staying power.
Just how decentralizing are Dash’s Masternode incentives already? Crunch these numbers: Bitcoin’s market cap is nearly US$4 billion, and it runs on 6,000 nodes. In contrast, Dash’s market cap is only US$17 million – a mere half a percent of Bitcoin’s market – but it runs nearly 50% of the nodes at 2,650 and counting.
Head on over to Dash Talk’s forums to post your questions about becoming a Masternode. Then check out Fuzzyduck’s detailed guide “How to Run a Dash Masternode on Raspberry Pi” to get started.

Dash’s solution to Bitcoin’s public ledger

by Guest Author | Jan 22, 2015 | Opinion

The author of this article is Paul Bleak (AKA ‘pbleak’).
Recent news have provided possible evidence for something every self-respecting post-Snowden internet-user has long-suspected. No, not that the government has taken a keen interest in Bitcoin. We already know they have. Rather than corporations that facilitate the use of Bitcoin are beginning to mirror their FIAT cousins in monitoring consumer behaviour. Users on popular discussion site Reddit have been complaining about bans from Coinbase relating to the use of gambling sites, but perhaps the more shocking reason is the use of localbitcoins as a reason to have an account blocked. What links these events is, quite simply, the fact that Coinbase must be monitoring these accounts in order to ascertain what their users are up to. This is, it must be noted, broadly explained away as ensuring the site remains compliant with regulations (since it is located in the United States). However, what this begins to look like, at least to those of us in the cryptocurrency community, is regulation.
Now we have long been aware that banking institutions keep detailed profiles of our both our financial situations and that corporations develop extensive (and shareable) profiles about our consumer spending and patterns of behaviour. Often we are not in a position, unless we refuse to have a bank account, to avoid this, as with banks. With corporations, we are more likely to hand over our details, through loyalty cards and schemes, or blindly accepting terms and conditions.
Now the structure of Bitcoin has an implicit manner to track users in the same manner, since the blockchain is both public and very closely linked to an identity when a user is using Coinbase as the latter requires verification. This means Coinbase begins to represent something close to a Bitcoin bank account or, at least, a database of sorts. It should not come as a surprise, then, that the company engages in tactics used by those that use FIAT currency. This is the nature of our Big Data culture, centralised to its core as applied to Bitcoin. It is for this reason that users seeking to disconnect from the centralised net ought to look at alternative cryptocurrencies such as Dash, which allows for a truly anonymous and decentralised experience through the use of its DarkSend technology. Used in conjunction with other anonymising tools, it fulfils the promise of a currency that is properly untrackable thereby regaining the user the freedom that Bitcoin had once seemed to deliver.
Furthermore, the Coinbase story is surely only the beginning. Recent years have demonstrated that once we enter a state of centralisation online, government and corporations revert to type, i.e. to constructing patterns and profiles of online users. It is imperative that those of us who embrace privacy practise what we preach by deploying those technologies and decentralised tools that carry our core values intrinsically. Of these Dash remains one of the few remaining options in an increasingly centralised cryptocurrency world. As they say in their community, it might be time for Coinbase users to ‘get into the Dark.’

Darkcoin changed its name to DASH / Darkcoin berubah nama menjadi DASH

Rebranding to Dash

copy by Fernando Gutierrez | Mar 16, 2015 | General, Press Releases

Darkcoin is changing its name/branding to Dash – Digital Cash. The new name will start being used officially and in external services from March 25th onwards.
Dash’s vision has always been to create a trustless, decentralised, private and fast payment platform for the benefit of the majority. We are happy with the progress we are making towards reaching this goal. We’ve been able to release instant transaction confirmations, refine our privacy technology and develop our Masternode network into a strong and truly decentralised platform. We’re building a complete solution and working hard to make crypto more suitable for real world adoption. This is why we believe our new brand Dash will better represent all aspects of our platform and make it more accessible to end users.
We are only changing the name, no technology is affected by this. The coin, the blockchain and the people will be the same. Users don’t need to act on this, the next update of the wallet will have the new brand and it will be a standard update.
A new logo design has been commissioned and it will be made available after the Dash Foundation members vote in around a week’s time. Exchanges, payment processors and other services have been notified so they can prepare in advance.
Our ideals remain intact and we will continue to pursue them under any branding we have, now and in the future.

APA ITU DASH COIN DAN LITE COIN What is Dashcoin? What is Litecoin?

What is Dashcoin?

Dashcoin is another altcoin and alternative to Bitcoin created in 2014.

 It works similar in many ways to Bitcoin.

The system is peer-to-peer; users can transact directly without needing an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain.

The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency.

What is Litecoin?

Acording with wikipedia, Litecoin is a peer-to-peer cryptocurrency
 and open source software project released under the MIT/X11 license.
The system is peer-to-peer; users can transact directly without needing an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain.The ledger uses its own unit of account, also called Litecoin.

Apa itu dash coin ?

Dashcoin adalah cryptocurrency yang memungkinkan bertransaksi

 secara anonim yang memungkinkan untuk bermutasi otomatis

Dashcoin adalah cryptocurrency anonim pertama yang menggunakan teknologi CryptoNote. yang berarti Kode jaringan dash coin selalu up to date dan menghemat biaya dan dekat dengan 0% kesalahan.jumblah supley yang tersedi adi market hanya ada 4 jutaan , ini merupakan sebuah crypto coin yang memiliki nilai investasi yang tinggi.

Dimana saya dapat menyimpan dash coin saya ?

Untuk menyimpan dash coin kita hanya memerlukan tempat penyimpanan 

dash coin sementara yaitu wallet dash coin

Bagaimana saya bisa mendapatkan dash coin ?

Untuk mendapatkan dashcoin ada 3cara , yaitu melakukan pembelian di situs tranding cryto dan yang ke dua dengan datang ke situs faucet dan memasukkan alamat addres dash coin yang anda punya , kemudian masukkan captha dan klik button reward , Dan melakukan minning

Cara cara mendapatkan Dash coin gratis :

1. Melalui situs exchanger

Untuk mendapatkan dash coin cara ini anda hanya perlu mendaftar di situs exchanger , SEPERTI : bleutrade.com , Bitcoin.co.id , c-cex.com Dan lain lain. Kalau untuk negara saya , saya gunakan Bitcoin.co.id karna support mata uang negara saya

2. Melalui situs faucet

untuk mendapatkan dash coin dengan cara ini yaitu gratis , atau tanpa modal . Kita hanya tinggal datang ke situs faucet dan menyelesaikan capta dan reward kemudian coin akan di kirim ke akun faucetbox kita

3. Melakukan minning

Untuk cara ini anda hanya perlu bergabung di situs pool minning dashcoin , Bisa di searching di google ada banyak penyedianya . Tetapi untuk melakukan ini anda harus mempunyai komputer beserta hard ware dan softwarenya untuk mendapatkan hasil yang maksimal  Repleace by Http://isnawan.xyz

What is a Dashcoin faucet?

A Dashcoin faucet is a place where new users can get their first bitcoins. Faucets goal is to promote Dashcoin so people like you can see how Dashcoin works!

To prevent abuses, faucets implements a captcha in order to stop bots, so please don't abuse them using tricks

What is Dashcoin

Dashcoin is an altcoin created on 2014. Dashcoin is a fork of Bytecoin and uses CrpytoNite as algorithm. Dashcoin network code is always upto date with no developer costs and almost 0% margin error.

Specifications

• Algorithm: CryptoNight
• Block time: Near to 2 minutes
• Difficulty retarget time: Each Block
• Reward retarget time: Each Block
• Total coins: 185 Billion Dash and increasing every day

Features

• Untraceable payments
• Unlinkable transactions
• Blockchain analysis resistance

Perbandingan Bitcoin Satoshi dan BTC

 

Perbandingan Bitcoin dan Satoshi

1 Satoshi = 0.00000001 ฿
10 Satoshi = 0.0000001 ฿
100 Satoshi = 0.000001 ฿
1,000 Satoshi = 0.00001 ฿
10,000 Satoshi = 0.0001 ฿
100,000 Satoshi = 0.001 ฿
10,0000,000 Satoshi = 1 ฿

                                          What is a Bitcoin? / Apa Itu Bitcoin ?

Bitcoin is a new kind of money. It's the first decentralized electronic currency 

not controlled by a single organization or government. It's an open source project, 

and it is used by more than 100,000 people. All over the world people are trading hundreds 

of thousands of dollars worth of bitcoin every day with no middle man and no credit card 

companies. It's a startup currency which has never happened before. Bitcoin is the first

 digital currency that is completely distributed. The network is made up of users

 like yourself so no bank or payment processor is required between you and whoever 

you're trading with. This decentralization is the basis for Bitcoins security and freedom.

                              What is a Satoshi?

A Satoshi is the smallest fraction of a Bitcoin that can

 currently be sent: 0.00000001 BTC, that is, a hundredth

 of a millionth BTC. In the future, however, the protocol

 may be updated to allow further subdivisions,

 should they be needed. Or A satoshi is currently the

 smallest fraction of a Bitcoin. The unit has been named

 "satoshi" in collective homage to the founder Bitcoin,

 Satoshi Nakamoto. Satoshi are to Bitcoin

 like Pennies are to Dollars - just smaller

What is a faucet?

A faucet is a site that allows people to earn bitcoin (BTC) 

virtual currency by completing simple tasks, such as viewing

 a webpage for a specified amount of time, viewing ad content, even

 solving CAPTCHAs and playing games. The payout from each

 faucet task is generally quite small, but over time as you

 accumulate bitcoin currency through multiple tasks, 

and as the value of the BTC increases relative to other 

currencies (which it is expected to do), the earnings from bitcoin

 faucets could be substantial. Because bitcoin currency is 

being released on a deflationary schedule, due to laws of 

supply and demand, it is expected to grow stronger over

 time compared to other currencies. In order to receive

 bitcoin currency, either through direct purchase or from 

a faucet, you will first need to have a bitcoin wallet.