Everyday Habit for CryptoMarket Overview

How do we get a better understanding of the new world in a quick way?

There is a simple 6 step process that over time gives an overview

1 – Review the Top 5 Gainers for Coins
2 – Review the Top 5 Losers for Coins
3 – Review the Top 5 Gainers for Tokens
4 – Review the Top 5 Losers for Tokens
5 – Review an individual Coin or Token on Coin MarketCap
6 – Review an Individual Coin or Token Website

Follow the process below

1 – Review the Top 5 Gainers for Coins
Click on https://coinmarketcap.com/coins/views/all/, and
Click on “% 24h” for positive numbers.

2 – Review the Top 5 Losers for Coins
Click on https://coinmarketcap.com/coins/views/all/, and
Click on “% 24h” for negative numbers.

3 – Review the Top 5 Gainers for Tokens
Click on https://coinmarketcap.com/tokens/views/all/, and
Click on “% 24h” for positive numbers.

4 – Review the Top 5 Losers for Tokens
Click on https://coinmarketcap.com/tokens/views/all/, and
Click on “% 24h” for negative numbers.

5 – Review Review an individual Coin or Token on CoinMarketCap
For Example: https://coinmarketcap.com/currencies/irishcoin/

6 – Review Review an Individual Coin or Token Website
For Example: http://irishcoin.org/

This is a daily practice and with time, an overview of the market unveals itself!

Why are Bitcoin Cash and Bitoin Gold Rising so fast?

BitCoin the original currency has split into 6 forks.

6 Coin Forks that have happened so far:

  1. Bitcoin Cash (Forked at Block 478559, 1 August 2017)
  2. Bitcoin Gold (Forked at Block 491407, 24 October 2017)
  3. Bitcoin Diamond (Forked at Block 495866, 24 November 2017)
  4. UnitedBitcoin (Forked at Block 498777, 12 December 2017)
  5. BitcoinX (Forked at Block 498888, 12 December 2017)
  6. Super Bitcoin (Forked at Block 498888, 12 December 2017)

Bitcoin Cash and Bitcoin Gold are having an enormous rise in prices, Why?

Bitcoin Cash (7 Day Chart)

Bitcoin Gold (7 Day Chart)

Generations of Crypto – BitCoin (1st), Ether (2nd), Cardano (3rd)

Last week, I had the pleasure to listen to Charles Hoskinson, the current lead for Cardano (ADA ) and ex-CEO of Ethereum (Ether). His knowledge of crytpo was eye opening and he was taking a mathematical and proof of approach to verify the better ways to improve the blockchain from validation of the cryptography and the sharding of mining, networks and data to a level that can only bring evolution to this area.

1st Generation Crypto [Bitcoin]

2nd Generation Crypto [Ethereum]

3rd Generation Crypto [Cardano]

Listen to the talk if you want the full background

New Crypto Platforms Cardano (ADA) and IOTA

With the surge in Crypto Interest, there are Currencies and Tokens.

Underlying these Currencies and Tokens are Platforms such as
– Ethereum, NEO, NxT, and Omni

2 New Technologies that are entering this market well are Cardano and IOTA.

  • Cardano is lead by Charles Hoskinson and is proposed as the 3rd Generation fo CryptoPlatforms.
  • IOTA is proposing a new Platform for IoT technologies.

CryptoCurrencies other than BitCoin! Ether, Bitcoin Cash, LiteCoin, & Ripple!

Bitcoin is the main CryptoCurrency, most people are hearing about Bitcoin!

BUT it is far from the only cryptocurrency, there are over 1,300 Cryptocurrencies listed.

Here is a list of the Top 10 CryptoCurrencies:

What is driving these different currencies and how can they be interacted with?
What are the advantages of the different currencies?

This space is widening and deepening!

#blockchain #bitcoin #btc #ether #eth #bitcoincash #bcc #litecoin #lte #ripple #xrp

How can I change from from Bitcoin to Ether?

If I have BitCoin and I want Ether, how do I do it?

Firstly, you will have 2 wallets

1 for BitCoin
2 for Ether

Take the Public Keys for both and go to ShapeShift

You will see an option like this:

Choose the currency that you want to send and the one you want to receive:
For example:
Bitcoin and Ether

Press continue and the following page with appear:

Enter the Public key for your BitCoin.
Enter the Public key for your Ether.

Notice the Minimum and Maximum Fees and the Exchange Fee.

Then, if you are happy with what you see, start the transaction!