NewBitrix

Cyber Security. Online Privacy. Cryptocurrency.

30. July 2018
by John
Comments Off on The Best Way To Secure Your Android Smartphone

The Best Way To Secure Your Android Smartphone

Android security should not be left to chance. With these appropriate apps you don’t have to be afraid of NSA, data thieves, viruses and the like. We show you which apps protect your Android phone perfectly.

Again and again, various security holes make the use of Android smartphones and tablets a real risk. After QuadRooter and Stagefright, it recently became known that Google-OS is also vulnerable to the critical vulnerabilities Drammer and Rowhammer and the Linux kernel-related “Dirty Cow”.

The problem: There are usually no real countermeasures, in the best case you can at least check whether your device is affected at all. We present you the best and most important security apps for Android so that you can always be optimally protected. Let’s secure your device in three steps.

Step One: Android Virus Scanner

In our Android virus scanner test we regularly check the best-known providers for their efficiency and quality. No less than ten apps achieved the highest mark – so the selection is basically correct. We recommend Mobile Security & Antivirus from Avast, which scores with a detection rate of well over 99 percent, numerous features and completely free use. As already mentioned: There are numerous free and very successful alternatives – if you don’t like Avast, you should take a look at our Android Antivir test.

Step Two: Android Privacy

So you don’t have to worry about your privacy, you should put everything on better anonymity on your smartphone. Numerous apps, such as the Tor browser Orfox, will help you. With the necessary orbot you dial into the completely anonymous Tor network with one click, the Orfox then finally provides the interface to the web. This way you surf the net anonymously and cover up all the traces that you would otherwise leave behind on the Internet. The side effect: The combination of the two apps also allows you to access the Darknet.

To be invisible not only when surfing, but to make all data traffic from your smartphone anonymous, it is best to use a VPN tool such as Tunnelbear VPN. This allows you to redirect your traffic through other servers, obscuring your actual location. Here, too, there is a useful side effect. Websites that are not available at your location due to geo-barriers can still be accessed thanks to VPN.

In general, messengers should also be more secure, because who wants their private messages or even photos to be intercepted? The Signal Messenger, for example, which even whistleblower Edward Snowden uses and recommends, offers particularly high security standards. Who wants to chat in an interception-safe way, should strike here.

Step Three: Protection Against Theft And Loss

Finally, you should be aware that your phone can only be secure if the content on it is protected. The most sensitive content can be found in apps – so make sure you secure them so that you don’t reveal any private data even if your mobile phone is stolen or lost. This can be achieved, for example, with the free AppLock app. Here you simply give your apps (or pictures, videos or messages) a PIN or a password – foreign access becomes impossible.

If your device has actually been lost, you can find it at any time via the Android Device Manager. If you have only lost it, you can play a ring tone with a click at full volume. If it’s not near you, you can locate the phone using the GPS signal and – if everything goes smoothly – track the device quickly.

22. July 2018
by John
Comments Off on Best Antivirus App For Smartphone

Best Antivirus App For Smartphone

Android Virus Scanner Test 2018: Which Antivirus App Protects The Smartphone best?

How good is your free virus scanner for smartphones and which paid antivirus app is worth your money? The AV-Test Institute has published its latest test, revealing 20 security solutions for Android. PC Games Hardware will tell you the results of the latest test and tell you which software you can use to safely navigate the Internet and which software will protect your data.

In addition to the PC, smartphones are also increasingly threatened by malware and the damage to those affected can become particularly annoying here, after all, nowadays people carry half their lives around with them on their mobile phones. That’s why there are anti-virus scanners for smartphones that protect the device.

AV-Test has reviewed 20 products for Google’s Android operating system and conducted an endurance test of the anti-virus products, which is now being released. The detection rates range from 46.7% to 100% (average value: 96.5%).

Another important question: How much does a virus scanner running in the background affect the performance of the Android smartphone? The good news: In almost all cases the influence on the battery life, the slowdown during use of the device and the network load (data consumption) was low. Almost all programs also perform very well in operation. Only a few outliers have to be satisfied with one.

We would like to point out that not only malware detection is an important decision criterion, but also other security functions such as theft protection, backup functions, encryption and parental controls. These areas are included in the scoring.

All test criteria were developed in close consultation with manufacturers and users over a period of more than six months. The developers had the opportunity to review the results before publication.

If you are looking for an overview of free virus scanners, simply click on the link.

10. July 2018
by John
Comments Off on Asus ZenBook 13 Notebook Review

Asus ZenBook 13 Notebook Review

Notebooks must be slim, durable and fast for mobile use. How well the beautifully light Asus ZenBook 13 meets these requirements is shown in this test. If you not only want to put a notebook on your desk, but also use it on the go, you will appreciate copies like the ZenBook 13: The Windows 10 Ultrabook weighs only 976 grams and has a discreet look. The test of the Asus ZenBook 13 clarifies whether the thin lightweight has enough power and endurance.

Asus ZenBook 13: Not Too Big And Not Too Small

The ZenBook is neither too big nor too small. With the handy 13-inch Ultrabook you can work sensibly. It is housed in a well-made case – nothing creaks or squeaks with a firm pressure. And this is by no means self-evident, after all Asus has used light plastic as the housing material instead of precious aluminium.

This was the only way for the Taiwanese to push the weight below the 1-kilogram mark. And because the Asus is not a notebook tablet combination with a rotatable display and an elaborate hinge, it remains beautifully thin: with an overall height of only 1.8 centimetres, it can also fit into smaller bags.

Display With Small Weakness

The screen displays documents and web pages in Full HD (1920×1080 pixels). This is absolutely sufficient for a sharp display, as the 2,073,600 pixels crowd together on a 13-inch display with a 33.5 centimeter screen diagonal. However, the Asus does not take the color representation very seriously: In the test, the color fidelity was 80.9 percent.

This is much better; however, the cool reproduction only disturbs in everyday life when editing photos – not when working with office and Internet programs. Good: The display is anti-glare and is therefore hardly annoying with reflections.

Small Steam Engine

A customer who is to invest 1,299 Euro for the Asus ZenBook 13 in the “UX331UAL (90NB0HT3-M01170)” version tested here naturally expects high-performance hardware. And he’s gonna get it. The high-end Core i7-8550U processor from Intel gets going, the RAM is generously dimensioned at 16 gigabytes. And instead of a lame hard drive, the operating system, programs and data are on an M.2 SSD with fast NVMe memory.

This high-quality hardware is now a must in this price range. This is the only way an Ultrabook works very fast, even if it has to put several clips together to form a video or if it has to do something that consumes energy in some other way.

Cooler A Little Loud Under Full Load

In such tasks, however, the processor starts to sweat; a small fan must therefore transport the heat out of the housing. The fan noise can be heard in a quiet environment, but for Internet and office tasks the Asus ZenBook remains cool and works almost noiselessly.

The battery life was also convincing: In the test, the lights only went out after six and a half hours during both work and video playback before the Asus had to be plugged in for about two and a half hours to fully charge the battery.

1. May 2018
by John
Comments Off on Notebook Test: The Latest Models

Notebook Test: The Latest Models

Large, bulky, grey boxes – that’s a thing of the past. Today, the user usually sits at a compact folding computer. The devices can be taken anywhere – for work, video streaming or gambling. But the price differences are enormous: there are decent devices already for 300 euros – but who wants, can also spend 3,500 euros. NewBitrix gives tips for selecting the right notebook and presents the best devices from the tests.

What The Cheapest Models Have To Offer

Notebook buyers can expect a decent device for as little as 300 euros, as the Aldi notebook shows. You have to cut back on the equipment in particular: Although the processor has four cores, the individual cores of the Pentium Silver series are not nearly as powerful as the more expensive processors, such as the Core-i models of the Kaby Lake series.

In addition, manufacturers in this price range like to save on memory: 4 gigabytes (GB) of working memory (RAM) and 64 gigabytes of storage space are common here. That’s enough for many office users. More storage space can also be connected as an external hard disk or SSD via the USB socket.

Notebooks: This Is Available For 800 Euro

More expensive notebooks up to about 800 Euros already come with considerably more equipment than their cheaper colleagues. The standard equipment usually includes 8 gigabytes of RAM and an SSD with 256 gigabytes. This is not only larger, but also significantly faster than the eMMC drives, which are installed as SSD replacements on inexpensive notebooks. It can also process a few hundred holiday pictures and videos without annoying waiting times.

The fact that manufacturers have more money available for components is also evident in the keyboard and touchpad, which are often better processed and easier to use. There is a wide selection of sizes in the 800-euro class: Manufacturers offer any size from 10 to 17 inches.

The buyer only has to do without one thing: On a game capable graphics chip, the corresponding calculations are done by the processor. This is no problem when working, but passionate gamblers prefer a more powerful model – such as a gaming notebook offered by many manufacturers.

Ultrabooks – Chic Travel Specialists

They are the grace in notebook storage: Ultrabooks are often not even as thick as fingers, simpler, sleeker and thinner than classic notebook models. A different concept makes this possible. Ultrabooks almost always do without a touch screen. This makes the lid with the screen particularly thin.

In addition, there are usually extra-efficient processors in the ultrabooks, which do not produce as much heat. As a result, cooling systems are smaller and flatter. Ultrabooks are more expensive than conventional notebooks, with some models such as the Acer Swift 5 the surcharge is still quite small.

But top devices like the Lenovo Thinkpad X1 Carbon (2018) can cost more than 2,000 Euro and then bring along ultra-sharp screens in addition to high speed. For example, the Lenovo has a WQHD display with 2560×1440 pixels.

Notebook Weight: Thinner Is Lighter

In the past it was still called a “tow top” – most modern notebooks are no longer big chunks. Slightly smaller devices with 13 and 14-inch screens nowadays weigh less than 1.5 kilograms. The larger 15-inch models rarely weigh much more than 2 kilos. Many gaming notebooks are really heavy, which require a very complex and thus weighty cooling for their particularly powerful chips (processor and graphics chip). But it’s also much easier, ultrabooks like the Asus Zenbook S, which weighs just over 1 kilo, show this.

The Best Gaming Laptops

Large Speed Differences

Most current notebooks are fast enough for typical office tasks such as writing texts or calculating in tables, but if you frequently work with several programs at the same time or want to edit complex videos, it is better to use a notebook with power.

The fastest notebooks in the test come with powerful processors with four or more processor cores, for example from the Kaby Lake Refresh or Ryzen series. In addition, there are usually extra graphics chips in here. They ensure a smooth display in complex games – notebooks with the graphics in the processor are almost always too slow here.

Notebook As Tablet: Convertibles

The special feature of a convertible? If desired, these notebooks can be used like a tablet. There are two variants: Firstly, convertibles whose screens can be rotated backwards by up to 360 degrees. On the other hand, you can remove the lower half, which includes the keyboard, if desired. We have tested notebooks in both versions. Read the guide to what to look out for when buying a convertible.

Battery Life: Pretty Enduring

Notebooks are real all-rounders, but the concentrated power gnaws at the battery. Powerful devices in particular quickly empty the power supply. If you don’t want to connect the mobile computer to the power supply all the time, you need a device with a long battery life. We have determined the 25 most durable notebooks from the tests. Here you will find notebooks that last up to 10 hours without charging, even when used intensively.

23. April 2018
by John
Comments Off on How Useful Are The Current Convertible-Notebooks

How Useful Are The Current Convertible-Notebooks

Classic notebook and convenient Tablet? Convertibles master the balancing act between both categories. We tested the latest models.

Should I buy a notebook or a tablet now? A convertible makes the decision superfluous, because it is both: depending on requirements, it is a notebook with a real keyboard or a slim tablet. Switching between the two variants is done in a few easy steps. But are these quick-change artists really so great or just a bad compromise? We have tested current convertibles with Windows 10, including the models HP Spectre 13 X360, Asus Transformer Mini, Microsoft Surface Book 2 15, Asus Zenbook Flip S UX 370 and HP Envy 15 X360.

Convertibles Test – The Designs

This test field has the right device for every budget and every requirement – from the small 10-inch device for €449 to the large 15-inch device for an impressive €3300. However, the test candidates differ considerably not only in performance and size, but also in their design.

  • Foldable display: On the Asus Zenbook Flip S UX 370, HP Spectre 13 X360, HP Envy 15 X360, the touch screens are fixed to the keyboard just like on a normal notebook. If the user folds the display 360 degrees to the bottom of the keyboard, he has a tablet in front of him. If he does not fold the display completely, he can easily watch films or pictures and show presentations. On the other hand, such a tablet is quite heavy because it always has a keyboard in the back.
  • Removable display: As with many other convertibles on the market, the Asus Transformer Mini can be detached from the keyboard – convenient if you only need a handy tablet on the road and a real notebook at home.
  • Foldable and removable display: The two test candidates from Microsoft offer the possibilities and thus the advantages, but not the disadvantages of the other two designs. However, the models Surface Book 2 13 and Surface Book 2 15 are also by far the most expensive test candidates.

Sharp And Precise Touch Screens

But a versatile usability does not make a perfect convertible. For this, a device like any conventional notebook or tablet needs a first-class screen. The best display in this comparison was the Microsoft Surface Book 2 13, which showed photos, videos and websites with 3000×2000 pixels really sharp and with a high color fidelity. All convertibles have touch screens for their role as tablets. At the touch of a fingertip, all test candidates are implemented precisely and without delays.

Speed Test

Just as important as a good screen and a quick reaction to fingertips and wipers is a high working speed. First of all: For simple office and internet tasks, the speed of all test candidates is completely sufficient. However, it’s all about preserves if the devices are to add filters and 3D effects to photos or create a film from several video clips they have shot themselves. These exhausting tasks were too much for the Asus Transformer Mini – they test the patience of every user. But you can’t expect a super-fast convertible for 449 euros.

No wonder, the equipment version tested here drives a powerful Intel Core i7 processor, the main memory is very well dimensioned at 16 gigabytes, the operating system, programs and data are stored on a fast SSD with comparatively much memory (954 gigabytes). The larger Microsoft Surface Book 2 15 also has the powerful GTX 1060 graphics chip in the keyboard compartment. It offers more steam than the graphics unit in the processor. The Surface Book 2 15 even shows games to some extent fluently.

Convertible Battery Life In Test

In addition to a high working speed, a long-lasting battery is also a must. After all, the devices are designed for mobile use, and a power outlet is not always within reach. In the test, the Asus VivoBook Flip 15 only needed three hours without a power outlet when working, and three and a half hours for video playback. The Microsoft Surface Book 2 13 proved that things are much better: A full nine hours and five minutes is an announcement! You can easily watch five feature films in one piece

25. April 2016
by John
Comments Off on Advantages and Disadvantages of Using VPN Services

Advantages and Disadvantages of Using VPN Services

We now have a compiled a listing of some of the most significant advantages and disadvantages about dynamically common IP VPN services allowing one to make a much better choice. The reason for them being more affordable than dedicated IP is straightforward. Common IP address lets you experience distinct services of a VPN supplier with making an extended commitment that is usually done with a dedicated VPN. Also, the strategies are usually quite adaptable and you’re certain to discover a service that’ll suit your needs. That makes it incredibly hard for anyone to monitor just one system or user which is using that IP address.

• Dangerous – Of course shared IP addresses are more dangerous than committed IP for clear reasons. You happen to be sharing the IP that has many other users and you do’t understand what they can be doing with the connection. If they’re involved with questionable actions or are spammers then there are opportunities that the IP may be blocked.

• Limits – As you will end up sharing the connection with others, there’s a leading chance you will not have the ability to get exactly the same connection speed constantly. When the demand is high, meaning which is multiple users are using the connection at once then this can lead to slow down and can occasionally keep the display of any specific web site.

• Applications Controls – This disables you from setting-up things according to your needs. While this may not be an important problem, it certainly can impact your browsing experience occasionally.

Shared and dedicated IP both have their benefits and drawbacks and it’s also simply not possible to select one. But should you be buying low cost service for private use, shared IP can be a fantastic option. But if you have a need for a VPN for professional use then it’s better to choose a dedicated VPN. Should you be intending to go with common IP subsequently make sure you select a VPN supplier who has an excellent standing in the industry. The service of great suppliers usually removes most of the issues that appear in a common IP connection.

25. April 2016
by John
Comments Off on Computer Surveillance Applications

Computer Surveillance Applications

To make sure this is occurring, computer surveillance applications may be used. Deciding on the best type of computer surveillance applications may be complex choice, yet, since you can find a variety of choices to go for. There are some significant factors which can assist you with this choice. The morale of your work force can also be essential to contemplate. In many work places, video surveillance can be used and in some places, concealed video surveillance can be used. In many places, this can be prohibited, yet. Luckily, you can still find powerful yet unobtrusive methods of tracking your workers.

REFOG Terminal Monitor is the final option for completely tracking and monitoring every one of the on-line actions of your staff. It’s strong and successful and this surveillance applications can be fully centralized, making it exceptionally suitable in the workplace what your location is coping with a network of users. When working, the surveillance applications will monitor every action of your workers when they’re using your business computers. The reports which are recorded are saved in a safe and secret place and only administrators will have the capacity to see them. This way of computer surveillance applications is, in addition, especially successful in preventing the leakage of any private business info.

Applying your firm’s policies is significant in any business, but it’s also significant that it’s done in this type of manner with no secrecy of your workers being unnecessarily violated.

Surveil applications like REFOG Terminal Monitor supplies methodical tracking of your workers without violating their right to privacy. It records comprehensive logs of these actions in your business computers, supplying tables of data including login times and much more.

REFOG Terminal Monitor also can function as a keylogger, which can be incredibly useful for preventing info leak. All keystrokes can be recorded, letting you read e-mails and messages sent over IM software. This system also records an inventory of all the sites visited and applications running.

It will help to ensure your company and keep confidential information within the right bounds. Administrators can readily intercede whenever they want to, thanks to automatic alarms.

Alarms can be sent out automatically when particular given key words and phrases are found in a outgoing e-mail or instant message. This enables administrators to cope with info leak problems before they’re able to get uncontrollable.

22. February 2016
by John
Comments Off on Windows Hosting Versus Linux Hosting

Windows Hosting Versus Linux Hosting

artificial-intelligence-698122_960_720-425x300Which Will Be Right For You Personally? In fact, there are thousands of netting hosting businesses out there. Several firms adduce both Windows hosting and Linux hosting plans. Windows plans generally equal supplementary since of the license costs imposed by Microsoft. Understanding this, how will you be able to identify when you ravenousness Windows hosting and when Linux hosting entrust hoopla appropriate as well or better? Read on to discover.

Windows operating systems are start on related elaborate 95% of all built-in computers on the planet. With agnate a maraud dominance, Microsoft Windows is approval of conviction to noticeably deeper individuals searching for web hosting. This is according to the late lacework server assess from . By deciding on a Linux hosting plan, you leave pride yourself in opportune business.

When end you’ve got to approval Windows Hosting?

  1. .NET technologies including are unavailable on Linux platforms. Actually, should you itch ASP without .NET characteristics, potently Linux hosting plans bring about not improve support
    for it.
  2. Access Databases are unitary accessible with a Windows hosting plan.
  3. MSSQL is an energy shapeliness database root out by Microsoft. In case you avidity an uproar loveliness database trained are some options that circuit on a Linux trick but in case you rapaciousness Microsoft’s MSSQL database, a Windows hosting plan must be your option.
  4. In the event you are using Microsoft’s Sharepoint services relish a few of the Sharepoint settlement activate in Frontpage 2003, a Windows Hosting going is your alone option.

What’s the headway to choice Linux Hosting?

Each of the top services you motive to migration an movement comeliness web site can be found on Linux based systems free of charge. PHP runs bigger on a Linux server than on a Windows server. That said, unless you’re setting a striving deadweight in your PHP scripts, this consign not be noticable.

In case you do not craze measure of the one’s matter mentioned previously, Linux hosting is a shapely top-notch for your needs. For Microsoft particular technologies, Windows hosting plans are generally your finest stake. For everthing else, Linux hosting plans leave ordinarily sign exorbitantly nicely. Together with the assessment capital typically mount with Linux hosting plans, Linux hosting is generally the right more useful for you personally.

22. February 2016
by John
Comments Off on TOP Software Security Testing Firms

TOP Software Security Testing Firms

robot-707219_960_720-500x281For those who have at any time learned regarding the world’s top level applications security firm then you’ve heard nothing incorrect. World’s top graded applications security firms offering a leading edge for applications security testing are Google and Kaspersky. Google not only supply these programs but in addition upgrade its security programs timely.

Applications testing firms are doing excellent company. This new upsurge is called apprenuers replacing entrepreneurs. Kaspersky is giving a difficult time to any or all antivirus software testing firms.

It’s earned an excellent reputation in the past twelve years and having no comparison in its excellent security testing services. Kasdpersky is a business which is competing with MacAfee and Tendmicro and is positive for its most rapid increase in several years.

It’s also known as among the greatest security testing firm. Yet we are able to give you the set of top 10 security applications firms. Here is the listing of well-known security testing applications firms.

  • Symantec
  • MacAfee
  • EMC
  • CA
  • Kaspersky
  • Websense
  • Verint

Rough competition we are able to find among each one of these security testing firms. All the firms supplying programs which are alike in kind but distinct in function. Security testing firm provides you a bug free and completely developed applications that will operate according to your own requirements. Security testing firms work across the planet and offering useful services.

That will give an enormous share to market. As more private info and fiscal advice would be to offer on-line folks are becoming more careful about security that is the reason why they demand for more advanced security software. Applications testing firms in this manner are shielding them in a practical manner. Security testing firms not only validate and authenticate your applications however they make your applications legal to be used. Security testing firms plays an important function in this aspect.

7. February 2016
by John
Comments Off on Now There Is A Nourishment Training App

Now There Is A Nourishment Training App

cell-phone-791365_960_720-450x300A lot of One Medial Chief Executive Operator and Suneel, Boss of Rise, occurred in front of a white board at the workplaces of One Medical since the couple had been introduced by common trader Google Ventures.

“I was really much interested in exactly what the individual encounter was occurring behind-the-scenes,” Gupta stated. “They were curious in what was occurring behind-the-scenes for our associate encounter. It turned out to be of discussing thoughts, utilizing a whiteboard, discussing it in the One Health-Related workplace lots. That advanced in to, let us keep on discussing, notice if there is something we may function on together.”

And it did. One Health-Related now stated it was getting something which links consumers with diet trainers, Increase. According the Wsj, the purchase cost was $20-million to. Before being acquired by One Health-Related from investors like Cowboy Endeavors, Greylock Partners and Google Ventures increase had elevated $4-million in venture funding.

The aim of rise would be to decrease the price of coach and an individual nutritionist utilizing technologies. The business supplies an assortment of diet- solutions, from a $9 monthly texting merchandise for diet care to some one on one training encounter for $50 monthly.

The organization has definitely not been idle. In July, Increase stated it’d reach on $1 million in sales run rate in its first-year of operation. In addition, it got HealthyOut, which utilizes machine-learning to search selections of eateries that were neighborhood to provide tips about the most effective healthful foods choices for different types of diet plans.

Increase may continue to function Asis, Gupta stated, stating there was “lots of fascinating prospect of all of us to come together to achieve more folks.” Gupta would not search in to any details, but stated that One Health-Related and both Increase have quick-shifting civilizations — suggesting that something fresh including between the 2 would probably come earlier, rather than after.

“I believe it can expose us to fresh consumers, Increase continues to be developing rapidly, we have triple d our associate base in the last yr, but One Medi Cal is also developing rapidly,” Gupta stated. “They’d their largest increase yr in 2015, they added 80,000 new individuals. You’ve got two businesses with powerful growth trajectories. It is fascinating to us exactly how we keep on developing both street routes and equally increase curves.”

belly-2354_960_720-450x300Together with the nourishment area getting congested, Gupta mentioned this also provided a way to distinguish it self from other solutions on the marketplace. There are additional nourishment-monitoring programs but the aim of Rise will be more customized — some thing that it expects to keep on pushing on while component of One Medi Cal. Becoming got additionally provides the firm a way and more sources to concentrate, Gupta stated.

“I believe it is really an enormous advance for our capability to contend in the marketplace and provide the perfect support,” he stated. “For us we notice One Health-Related as a a pacesetter in primary-care, having a complete concentrate on user-experience as well as a healthier quantity of funds to actually commit in creating individuals’ lifestyles better. For people, we’re primarily a product improvement staff, and today we really get to concentrate on that which we do best, which can be item development.”

Increase co-founders Increase wills still be working within One Health-Related, Gupta stated.

2. February 2020
by John
Comments Off on Why You Should Stay Away From Bitcoin & Cryptocurrencies

Why You Should Stay Away From Bitcoin & Cryptocurrencies

bitcoin-495994_640-425x300First of all let me explain the following: I’m not against cryptocurrencies, they are interesting inventions and revolutionary concepts from a technological point of view. The reason I write this article is to prevent people from starting to trade and losing much or even all their money, what mostly happens.

I know cryptocurrencies like Bitcoin and those thousands of altcoins (alternative cryptocurrencies besides Bitcoin as the main one) are the hot shit right now, everyone talks about it and everyone tries to make a profit with it, all right with that. However, I do not invest in cryptocurrencies because I know a thousand other ways and use them to build wealth …

How to learn from scary (successful) people to invest and create your own real wealth

If you want to invest in one thing then get an overview first.

Look how the other really successful ones are doing and just try to copy that.

You should try to build on the success of others. So you can easily gain experience and keep the risk low.

Just look at the most successful investors and learn.

Like the author of the famous trading book Investment Punk, who started out as a Harvard graduate and investment banker, and now almost as a Youtube star with his own online business school:

“Digital Literacy … know the things of the New Econemy. Otherwise you make financial mistake # 5 ”
Why hard work always pays off and why gamers and players always run out of money

Second reason why I do not invest in cryptocurrencies, cryptocurrencies are not a recognizable skill for me.

Compared to online marketing, what you can learn hard, what you can do very well for almost any area and more importantly what you have the rest of your life.

You get the opportunity to build a new business again and again and to design according to your wishes and circumstances.

By contrast, cryptocurrencies are more like gambling. The most money is being made on platforms as mentioned on BBB and similar sites.

If you have no plan at all where you want to put your hard work, without any “guessing or gambling”, follow my tips. Otherwise go Youtube channels like that one and get bankrupt. They show you the best and fastest way to lose your money by investing in just any shirtcoins, that will die in thenear future and the people who take your money are the few winners in those zero sum games.

Even in the current crisis people invest a lot of money in crypto currencies, which you can read at versionfinal.com.ve. People should be more careful!

Where Focus Goes – Energy Flows

But I can tell you lots of business tips like about about Drop Shipping, Shopify and a cool 30-day Ecommerce Challenge that you can see through completely as a beginner, without any prior knowledge.

How do you manage to make 15 Euro from 1 Euro just with this one chance and the right focus

Do not run after every chance …

You have to find a thing that you can master.

There are just too many ways to make money online that are better than gambling. But still many people start to invest in BTC and other cryptocurrencies, as you can read at 800noticias.

If you know like me that you can get up to 15 euros in online marketing with 1 Euro invested, this is so much more value for me than inverstieren in cryptos, simply because I design my own business and it in the hand have.

Focus on the things you can do and stay consistent. “Where focus goes, energy flows.”

At the same time, if you see a chance and have nothing of your own, you should not do your own business or anything like that. Do not be too skeptical focus on one thing .. start. JUST DO IT!

Bitcoin Investments and Trading over?

9. June 2019
by John
Comments Off on Bitcoin 1 million dollars by the end of 2020: McAfee sticks to bet

Bitcoin 1 million dollars by the end of 2020: McAfee sticks to bet

He’s one of the biggest proponents of crypto currencies. For some it is a legend in the field of cryptos, for others simply a madman. We are talking about John McAfee, the founder of the antivirus program of the same name. Once again, the former US presidential candidate confirmed his Bitcoin forecast of one million dollars by 31.12.2020.

John McAfee loves to polarize. Without a doubt, he is one of the most dazzling and eccentric personalities in the crypto community. As early as July 2017, he predicted the Bitcoin price at $500,000 by 2020, which he corrected to $1 million because he hadn’t anticipated in his models that the price would develop so positively by the end of 2017. While this may sound very utopian, McAfee never tires of pointing out that this is an extremely conservative price target. BTC has reached $10.000 several times already, as you may read at this website – so it could be really possible someday.

Information about BTC:

But this forecast seems almost harmless compared to others currently trading in the market. Just recently, Aaron Koenig threw 25 billion dollars into the game.

A few days ago, he went back to his bet. In it he mentioned that he was not the only one to see the price at one million dollars at the end of 2020. He referred to a time traveller who had been right with his forecasts since 2010. This is the self-proclaimed time traveler Luka Magnotta, who enjoys great popularity in the crypto community. He himself claims to have come from the year 2025.

  1. John McAfee’s IT expertise is undisputed.
  2. Nevertheless, investors should take a critical look at such price targets.
  3. It’s no secret that McAfee sometimes receives six-digit sums of money for tweets.
  4. Bitcoin is still a very volatile asset class. Investors should always keep in mind that the price has often fallen 50 percent and more, even in the recent past.

Read more

2. June 2019
by John
Comments Off on Binance loses Bitcoins worth 40 million dollars

Binance loses Bitcoins worth 40 million dollars

It is one of the most important crypto marketplaces worldwide. Now the Binance Exchange has to admit the loss of 7000 Bitcoins. Users’ credit balances should be secure – but the hack still has consequences for them.

“I look exhausted” and “I haven’t really slept the last 29 hours”: A current Twitter video by Changpeng Zhao begins with these sentences. He is the head of the popular crypto exchange Binance and does in the article what you never really want to do as the head of a crypto exchange: admit a bigger security gap. Say that their own platform was tricked by hackers who acted “very patiently” and were thus able to take over many user accounts, among other things.

Binance also announced in a press release on Wednesday night that it had discovered a major security problem on Tuesday. Among other things, hackers could have picked up codes used to secure accounts during two-factor authentication – as well as API keys that can be used to connect Binance to third-party programs such as crypto apps. “The hackers used a variety of techniques,” writes Binance, “including phishing and virus attacks, but also other attacks.

It is said that 7000 Bitcoins – which at that time had a value of a good 40 million dollars – had been transferred from a so-called Hot Wallet of the company (to be understood here via Blockchain.com). Hot wallets are usually crypto wallets that are connected to the Internet – in contrast to so-called cold wallets. The Hot Wallet contained around two percent of the Bitcoin credit balance of the exchange, the transfer of the 7000 Bitcoins could not be stopped in time – which is a problem as confirmed Bitcoin transactions cannot be reversed.

More on BTC

  1. http://elnuevoliberal.com/es-legal-el-juego-de-bitcoin/
  2. https://www.ngeeks.com/los-casinos-de-bitcoin-estan-en-auge/
  3. https://about.me/jarusm

Binance is one of the world’s most popular crypto exchanges. The company was founded in China, but is now based in Malta, among other places. Like other crypto exchanges, Binance enables users to easily trade crypto currencies such as Bitcoin, Ether and Ripple. Real-money deposits by credit card are also possible. However, the crypto credit balance that users have in their accounts is practically always available on the stock exchange – unlike when users manage their crypto currencies themselves and under their own responsibility.

“Injured”, not broke

Binance emphasizes that the stock market balances of Binance users are not affected by the incident. A fund set up for emergencies called Secure Asset Fund for Users (SAFU) will be used to cover the loss. According to the platform, ten percent of all transaction fees received by Binance have flowed into the fund since July 2018. According to Binance, the fund’s money is in a cold wallet. One is “injured”, but not broke, Changpeng Zhao wrote on Twitter.

As Changpeng Zhao also says in his video, the hackers succeeded in tricking the stock exchange into carrying out security checks. Binance now wants to carry out a security check on its system. It is expected that neither withdrawals nor deposits will be possible on the platform for a week. A press release says: “Please understand that hackers may still be controlling some user accounts in the meantime and using them to influence prices”.

  • In his Twitter video, Changpeng Zhao advises users of his exchange to rebuild their two-factor authentication and API key.
  • In principle, a password change would also make sense – possibly on other websites, too, if they used the same password as Binance (which is not recommended).

As a rule, Binance users should be suspicious and cautious these days – as they are elsewhere – if they are contacted by alleged Binance support staff, for example in forums or chat groups. These are fraudsters. In view of the news of the hack in particular, criminals could have a good chance of persuading unsettled users to provide them with account access data, for example.

 

2. June 2019
by John
Comments Off on Binance Margin Trading

Binance Margin Trading

It’s hard to believe that the Binance stock market is just two years old. Especially when we consider the steep development of its growth and its dominance in the market. The introduction of margin trading is now intended to further strengthen this position.

While other exchanges such as BitMEX or Bitfinex already offer margin trading, Binance has access to a much larger existing user base. But what impact will this move have on the cryptographic markets?

What we know so far

The first indications of margin trading on Binance appeared in a tweet on 24 May. In this tweet, Binance gave an insight into its new user interface with a screenshot post. However, a clearly visible button for margin trading attracted more attention than the new user interface.

Margin trading offers the possibility of borrowing funds to make larger trades with the aim of increasing your profits. However, it is well known that this leverage works in both directions, as the increased chance of profit is accompanied by an increased risk of loss. As the crypto markets are known to be volatile, margin trading here is all the more risky.

Therefore, margin trading is only for experienced traders who are looking for a healthy risk/loss ratio in their trading strategies. As borrowed funds are subject to interest, margin trading is usually most effective for short-term transactions.

Not too many details about margin trading on Binance are known yet. The only certainty is that it will be introduced soon. However, it is still unclear how much leverage will be provided and to which crypto currencies margin trading will be applied.

Does this herald an unprecedented Altcoin season for Binance?

Given the current bull run, driven by the Bitcoin price, which is increasingly attracting trading activity, Binance’s move could now be the catalyst for an unprecedented Altcoin season. The indicators are already there. For example, the interest of Google’s Altcoin searches is already at the level of the last bull run at the end of 2017, also driven by the Bitcoin price. According to CoinMarketCap, the global market capitalization of all crypto currencies in November 2017 was about the same as today. Bitcoin held a similar market share.

  • In 2017, however, the crypto markets did not yet have the maturity stage they now have. The options for margin and derivatives trading were significantly lower than today. As margin trading increases purchasing power, it is often used to diversify portfolios as a strategy to offset the risk of loss. This could be good news for the Altcoins as stock market users look for new channels to generate trading profits.
  • The ability to leverage profits from old coins such as the BNB token or other rising stars has the potential to attract more traders. It could open the crypto markets to traders from traditional markets such as Forex, where the margin helps to exploit smaller market movements than we normally see in the volatile crypto markets.

Could the Bitcoin price be threatened by margin trading?

On the other hand, margin trading enables short selling and in the past, many believe it was responsible for the sharp drop in the Bitcoin price. However, this is a questionable assumption. Short selling takes place in traditional markets and should contribute to overall stability. After all, betting in the market works in both directions to balance each other out.

In addition, market manipulation by traders in crypto has proven to be widespread. For example, bots are used for was trading to artificially inflate trading volume. Binance CEO Changing Zhao (CZ) has previously commented on the exchange’s policies and practices on wash trading and other market manipulation tactics. He stressed that independent researchers have found no evidence that such machinations take place on Binance. A recent report by Bitwise aims to confirm CZ’s position that its exchange is free of wash trading.

In conclusion, there are some strong signs of a promising old coin season. With the new margin trading offer, Binance seems to be seizing the opportunity to fuel the whole thing and at the same time further expand its market dominance. However, it is also inevitable that the markets will always go up and down. What is important at this point is that Binance’s entry into margin trading shows that the crypto financial markets are being redirected to the market.

2. March 2019
by John
Comments Off on Bitcoin shows upward trend: Still interesting for casinos

Bitcoin shows upward trend: Still interesting for casinos

While Bitcoin and Co stagnated in January, February showed an interesting upward trend so far. The temporary low point of Bitcoin was not reached until November 2018. But since the end of January, a clear increase can be seen. However, this development is not limited to a crypto currency. Ethereum (ETH), Bitcoin Cash and EOS have also made gains on the markets.

But what influences the price performance of Bitcoin and Co at all?

Let’s first analyse the Bitcoin bubble. The enormously rapid growth had reached its peak. As a result, there was a price correction. The chart showed a clear downward trend. Now the question arises whether the crypto currencies have grown up. If these are used more in daily life, then other online casinos would certainly also allow paying with Bitcoin and Co. Some virtual casinos have already added crypto currencies to their payment methods.

How has Bitcoin developed over the past years and months?

A review of the last three years shows an amazing chart. In March of 2016, Bitcoin was largely unknown. Its value was just under 376 euros. A creeping rise set in motion. In April 2017, the value of a Bitcoin was already 1,125 euros. In June of the same year it was already 2,323 Euros. And in December 2017 the probably best known crypto currency reached its peak. A virtual coin was worth 12,255 Euro at this time. But at that time the bubble was so bloated that it simply had to burst. Just two months later, in February 2018, the price was still 7,582 euros. In June last year, the price stood at 5,817 euros. And even from October with 5,590 euros it went further down to December, where the value finally came to 3,247 euros.

Even if we restrict ourselves to the past year, there is still a clear downward trend to be seen. On 26 February 2018, the share price finally stood at EUR 8,642. And on 18 February 2019 it was only 3,350 euros. But the Bitcoin has apparently passed its low point, as the ARD stock exchange reports. On December 10, 2018, the virtual currency suffered its lowest value in recent years at 2,953 euros. The chart temporarily dropped again to 3,001 euros on 28 January 2019. But in recent weeks the price has risen again by several hundred points. Is the Bitcoin now steadily rising? Perhaps the crypto currency will face healthier growth than it did at the end of 2017. But there are also uncertainties. Because the Bitcoin is not without competition.

Flying high: The peak value of the Bitcoin was 12,255 Euros. At the beginning of 2016, buyers paid only 376 euros. Those who entered the market with 10 coins at that time, i.e. had invested 3,760 Euros, were able to sell their system again with up to 122,550 Euros.

Why does the Bitcoin Chart currently point upwards?

The development of the past was marked by great enthusiasm. A new payment method had emerged that could revolutionize the payment process on the Internet. However, the further development of Bitcoin could not keep up with the upturn in the market. Currently the situation has cooled down. A slight increase can currently be recorded. This is based on the American bank JP Morgan. This is because a related technology is currently being used there. In the last week the bank had announced that in the future it wanted to rely on a specially developed crypto currency. This will enable payments between business customers to be processed. This news has provided the market with fresh impulses. The newly created currency runs under the name JPM Coin.

Not only the Bitcoin has increased in the past month. The litecoin most likely gained in value with over 40 percent. Ethereum also increased by more than 20 percentage points. Monero ranks just below. Only then does the Bitcoin itself come with an increase of 10 percent. Finally, Ripple is mentioned, which can only be found just above its starting position in the 30-day interval. With a total of more than 70 crypto currencies on the market, it is ultimately not at all certain which currency(s) will prevail the most. Bitcoin is clearly ahead of Etherum in terms of market value, which in turn moves just ahead of Bitcoin Cach. In terms of market capitalisation, Ripple is in third place, behind Bitcoin and Ethereum.

Bitcoin Casinos: Where can I pay with the crypto currency?

Did you know, that there are even bitcoin cards? Check the article at southfloridareporter.com for more info. Those who call Bitcoins their own cannot only use them as a financial investment. The virtual currency serves a purpose. It can be used to pay online – for example the online casino. DrückGlück, for example, already announced in January 2018 that it wanted to use the Bitcoin for deposits and withdrawals. Wunderino can also pay with Bitcoins using the Cubid payment method. However, the available payment methods often depend on the customer’s location. If you want to play from Germany, you can find completely different payment methods than a player from Denmark. If the upward trend continues, it can be assumed that other casinos will offer crypto currencies for payment.

20. January 2019
by John
Comments Off on General information about Bitfinex

General information about Bitfinex

Bitfinex is one of the world’s largest trading platforms for crypto currencies. The company is based in Hong Kong. Therefore the platform and the support is only available in English. On Bitfinex, crypto currencies worth over 1 billion US dollars are traded daily.

The platform is aimed more at experienced traders and is therefore difficult for newcomers to understand. Since short also euro deposits on Bitfinex are possible however with a minimum of 10.000 euro. If you want to trade less you have to buy Bitcoins on another platform (e.g. Coinbase) and send it to Bitfinex.

Even investors who open a new account with Bitfinex must first show 10,000 US dollars in credit before they can trade on Bitfinex. Source: http://www.Bestbitcoinexchange.net/vs/bitmex.com+bitfinex.com

Crypto currencies for trading

You can currently trade the following crypto currencies on Bitfinex: Aventus (AVT), Bitcoin Cash (BCH), Bitcoin (BTC), Bitcoin Gold (BTG), Streamr DATAcoin (DATA), Eidoo (EDO), EOS (EOS), Ethereum Classic (ETC), Ethereum (ETH), Metaverse (ETP), IOTA (IOTA), Litecoin (LTC), NEO (NEO), OmiseGO (OMG), Qash (QASH), Qtum (QTUM), Santiment Network Token (SAN), Monero (XMR), Ripple (XRP), Zcash (ZEC) and many more.

Currently there are over 60 crypto currencies to trade on Bitfinex.

Login and registration

The registration on Bitfinex is quite easy, because you don’t have to verify yourself in the first step to trade there. To open a new account simply click on “Open Account” on the website and enter your data and the desired password. After confirming your email address you are already registered.

Then you have the possibility to verify yourself. With this you can also make Euro deposits (10.000 Euro minimum) and withdrawals. The verification took me however 2 months. Submitting the documents took in principle only 5 minutes, but then it took 2 months until Bitfinex verified the data.

Basically it is also possible to trade on Bitfinex without verification. You only have to send Bitcoins from another wallet or provider to Bitfinex. With the Bitcoins you can then buy Altcoins (IOTA, Dash, Ripple etc.) on Bitfinex.

Purchase process and payment methods

I would recommend you to buy all Altcoins on Bitfinex against Bitcoins. Because this is the easiest way. To get the Bitcoins to Bitfinex you just have to click on Deposit at the top of Bitfinex.

Then select Bitcoin if you want to deposit Bitcoins or Ethereum if you want to deposit Ethereum. When you have done this you will see 3 wallets.

Bitfinex Wallets

  • The Exchange Wallet is the normal wallet where you have to send the Bitcoins if you want to buy Altcoins (Ethereum, IOTA, Dash, Ripple, etc).
  • You can use the Margin Wallet to do Margin Trading. This will allow you to borrow more than your normal credit to trade. However, you pay a daily interest on the borrowed credit.
  • You can use the Funding Wallet to lend your credit (to Margin Trader). In return you will get a daily interest.

You simply send your Bitcoins to the address of the Exchange Wallet. As soon as the Bitcoins are there you can see the credit in your wallet (just click on Wallets in the upper right corner of the Bitfinex menu). Now you can buy Altcoins.

To buy old coins you have to click on Trading above. Then you’ll see the following screen:

Bitfinex Trading View

In the “Tickers” box at the top left you can choose which crypto currency you want to get displayed. In the example here I clicked on IOTA/BTC. If you have done this, the chart will change and you will see the price history.

To buy Altcoins you have to use the “Order Form” under “Tickers”. You simply choose what you want to buy, for example IOTA/BTC or Dash/BTC and then you go into the order form. There you have two possibilities to make a purchase:

With the “Market Buy” the purchase is executed immediately and you get the crypto currency immediately credited (for example IOTA). The best possible price will automatically be taken as the price.
With “Limit Buy” you can decide at which rate you want to buy. You then enter the price and the order will only be executed when the coins are also available at the price. For beginners I would recommend the “Market Buy”.

To finalize the purchase you just have to enter how much of the crypto currency you want to buy and on the left side you will see how many bitcoins this costs you (only valid for the “Market Buy”, when buying a limit you define it yourself).

Bitfinex Order Form

Then click on Exchange Buy and the purchase is completed. You will then see your new balance in your wallet on Bitfinex.

The sale works the same way. You just enter how much of a certain currency you want to sell and click on “Exchange Sell” instead of “Exchange Buy”. It is important that you select “Market” again. Then the best possible selling price will be taken automatically. The order will be executed immediately.

Storage of Coins

At Bitfinex your coins are automatically stored in their own wallet on Bitfinex. To make this safer I recommend to activate the 2-factor authentication. This works if you click on Account (top right) and then on Security.

If you don’t want to leave the coins on Bitfinex, you can of course transfer them to your own wallet. Just click on Withdraw at the top of the menu and select the crypto currency you want to send.

According to Bitfinex, over 99% of the coins are stored offline in the “Cold Storage”. This prevents them from being stolen in the event of a hacker attack.

Fees

The fees at Bitfinex depend on your turnover in the last 30 days, but are a maximum of 0.2% per trade. The maker fee is only half as high. Maker fees apply if you make a limit purchase or sale that is not executed immediately because the desired price target has not yet been reached.
Bitfinex Fees

Meanwhile, Bitfinex also has a fee for deposits under 1,000 US dollars. So whoever sends Bitcoins to Bitfinex that have a value of less than 1,000 US dollars pays another fee for it.

Bitfinex deposit fees

Deposits with a value of over 1,000 US dollars are still free of charge.

Withdrawals from crypto currencies are free of charge. At least Bitfinex does not charge a fee for this. You only pay the normal network fees of the respective crypto currency, which usually goes to the miners to confirm the transaction.

Who is verified with Bitfinex, can make also euro deposits (10,000 euro minimum) and disbursements. For this a fee of 20 Euro per payout is due.

App

Bitfinex also has an app, but it is almost unusable. While the Coinbase app allows you to do everything you can do on your computer, the Bitfinex app is only suitable for checking courses. But even for that there are better alternatives. So there is no need to download the app. If you want to use Bitfinex you have to do it on your computer.
Bitfinex App

Bottom line

Bitfinex is especially suitable for professional traders who want to trade Altcoins (Ethereum, IOTA, Ripple, Dash, etc). Although Binance offers the better alternative here because Binance has more crypto currencies, there is no margin trading and no Euro deposits and withdrawals with Binance. If you only want to buy Bitcoins, you have much better alternatives (Coinbase).

So if you want to do margin trading (with one lever) and have at least 10,000 US dollars to trade with Bitfinex, you are in good hands with Bitfinex, otherwise the platform is too complicated for beginners.

So if you are a beginner, I would rather recommend other platforms like eToro (no crypto currency withdrawal possible), Coinbase, CoinFalcon and Binance (trading only against BTC and ETH), always depending on which crypto currency you want to buy.

30. November 2018
by John
Comments Off on Is The Bitcoin Hype Finally Over?

Is The Bitcoin Hype Finally Over?

Bitcoin Investments and Trading over?

Bitcoin Is Crashing – What Does That Mean For The Asset?

In the last two years, cryptocurrencies like Bitcoin have taken a crazy turn: First it went to the moon, like insiders are used to call such dramatic price increases – and then the crash came. That has more than one reason. Continue Reading →

5. October 2018
by John
Comments Off on Is LTC the little brother of BTC?

Is LTC the little brother of BTC?

Bitcoin is undoubtedly one of the best known crypto currencies. So it may surprise you that Litecoin was introduced over 5 years ago. In this article we take a closer look at what Litecoin actually is and what it has to offer compared to Bitcoin. Basic questions are clarified: How does Litecoin work? How are new Litecoins generated? What is Litecoin’s position in the crypto currency market?

Let’s start with the basic question: What is Litecoin?

Litecoin is a peer-to-peer crypto currency. It is an open source software project released under the MIT/X11 license.

Litecoin is similar to Bitcoin in many ways, as it is also a digital currency and a digital payment system. Litecoin encryption is used for two primary purposes:

  • To regulate the generation of Litecoin units;
  • To verify the transfer of funds and secure transactions.

Although Litecoin and Bitcoin are very similar, there are also some important differences between the two crypto currencies.

What is the difference between Litecoin and Bitcoin?

Some traders describe the relationship between the two currencies in such a way that if you were to consider Bitcoin as the equivalent of gold, Litecoin would be comparable to silver. In fact, this comparison is exactly what the developers of Litecoin had in mind when they created the crypto currency.

The main differences between the two currencies are:

  • Litecoin offers faster payment confirmation: The Litecoin network aims to process a block every 2.5 minutes, whereas Bitcoin does this only every 10 minutes.
  • Litecoin uses a different hashtag algorithm: Litecoin uses Scrypt in its Proof of Work algorithm, which was specially developed to make brute force attacks with specialized hardware more difficult.
  • The Litecoin network will generate more “coins”: Litecoin will generate 84 million coins, aiming to bring four times as many digital “coins” into circulation as Bitcoin.
  • Both coins are very popular amongst Crypto Traders. If you want to get started you nee to educate yourself first, cryptocurrency trading book is a good start.

In summary, Litecoin can handle larger amounts of transactions, making execution bottlenecks less frequent than Bitcoin. Below you will find a brief summary of the key figures for both currencies. What is the abbreviation for Litecoin? The abbreviation for Litecoin is LTC. The same principle as for USD and EUR is used when Litecoin is paired with other currencies. Litecoin vs. US Dollar then becomes LTC/USD for example. If you didn’t know it yet, you can also deposit LTC to a few bitcoin casinos, check out the list here: BitcoinDiceGames.com/en/deposits/litecoin/.

How does Litecoin work?

Litecoin is an online network that can be used to carry out money transfers between two parties. It operates according to the peer-to-peer principle and is decentralised, which means that it cannot be controlled by a single authority or government.

This payment system does not use physical currencies such as dollars or euros, it uses its own currency, which is also called Litecoin (symbol: Ł or LTC). Therefore Litecoin is often classified as virtual or digital currency. Litecoins can be purchased with “traditional” currency and can also be used to pay for traditional currencies, goods or services.

What is Blockchain technology?

Litecoin is based on blockchain technology, just like Bitcoin. However, according to Bitcoin, the network is able to “handle higher trading volumes than Bitcoin”. Through Litecoin’s higher frequency in generating blocks, the network supports more transactions and provides faster payment confirmation.

What is “Mining”?

New Litecoins are generated regularly. This process of generating new coins is called “mining”, and in the end is simply a register keeping process.

Litecoin ensures that there is only one block chain by making its blocks relatively complex. Instead of simply producing any block, prospective customers must create a cryptographic hash of the block that meets very specific requirements – the only way to get one is to calculate many possible hashes until one meets those requirements.

This process is called hashing. The miner who successfully creates a block with the correct hash is rewarded with 25 litecoins.

Every few days the sharpness of the mentioned criteria is adjusted, depending on how many blocks are currently created – more competition increases the amount of work to create a suitable block.

Can cryptocurrency still be mined at home? Read more at this webpage.

Where does Litecoin come from?

The growth of the available Litecoin stock is decentralized and is managed by the Litecoin protocol, which assigns the generation of new coins to the participants.

The maximum number of litecoins that can exist is 84 million, but not all of them have been generated so far. At the moment there are about 51.7 million litecoins in circulation, i.e. about 61.6% of the planned total amount.

As soon as 11.3 million more coins are generated from now on (as of June 2017), the reward for a generated block will decrease from 25 to 12.5 coins. It is expected that this figure will be reached in August 2019.

Who invented Litecoin?

It is assumed that Litecoin was originally released via an open source client on GitHub by Charlie Lee, a former Google employee, on October 7, 2011. It was a spin-off of the Bitcoin client application, mainly characterized by faster block generation, a higher total amount of coins, a modified hashing algorithm and a modified user interface.

When was Litecoin created?

Although Litecoin was released in October 2011, its financial history does not begin until November 2013. Originally, version 0.8.5.1 was released, which brought Litecoin a massive price increase over a very short period of time. At the beginning of December 2013 a new, improved version was launched, which reduced the transaction fees by a factor of 20 and increased the security and performance of the client and the network.

Should I try to mine Litecoin?

In our opinion it can be more profitable to trade Litecoin than to participate in the generation. With our enhanced MT4 trading software and the free MT4 Supreme Edition extension, there is no cost to you where acquiring so-called ASICs hardware for data mining purposes is significantly more expensive – and not necessarily profitable. If you decide to mine Litecoin, you should at least be aware of the following risks:

  • Exponential network requirements: With more and faster competition in the mining network, your profitability is not guaranteed to be sustainable. You need to consider how much you want to invest in hardware and how long it will remain competitive.
  • Potentially low sales value: ASIC hardware can mine Litecoins very efficiently because it is explicitly designed for this purpose – which means it has no other uses. You can’t use it for anything else, so a subsequent resale of the hardware wouldn’t be very profitable.
  • Delay in delivery: Mining hardware is often delivered months later, which makes production defects extremely risky. The hardware can also be outdated by this time.
    Electricity consumption: Ideally, the electricity bill should cost less than the ASIC hardware brings in in profit.

6. September 2018
by John
Comments Off on Hockey Crypto Sports Betting

Hockey Crypto Sports Betting

Which betting provider has the best ice hockey betting offer? In this section you will find the current ranking of the best betting providers in the field of ice hockey betting. While football is the undisputed number 1 in sports betting, regardless of the season, the turnover figures of the betting providers show that ice hockey is already in second place on the popularity scale in the winter months.

Especially when the Bundesliga and the Champions League pause over Christmas and New Year, the interest in betting on ice hockey games rises significantly – and the stakes on ice hockey bets skyrocket.

Our research in this regard has shown that many bookmakers generate up to 25% of their sales with bets on ice hockey in the months of December and January.

Ice Hockey Puck Sportsbook TestIn view of this, it is all too logical and self-evident that betting providers have focused more and more on playing with the puck in recent years and have successively expanded and expanded the range of bets on offer.

Reason enough for the test editorial staff of sportwettentest.net to deal intensively with the bookmakers’ ice hockey betting offers and to process the findings in this ranking and the detailed test reports. You can find great crypto betting companies offering you to bet on hockey with BTC and on many other sports events, the linked site compares all market leaders.

This is how the ice hockey bets were tested:

When evaluating the ice hockey betting offers, we applied the usual test criteria: In addition to the scope of the corresponding betting programs in width and depth, these naturally also concern the betting odds and the range of live bets.

By the width of the offer we mean how many different countries and leagues from the world of ice hockey are in the betting offer of the respective bookies. The depth of the offer, on the other hand, refers to the selection of different betting options per ice hockey match.

  • The more different countries and leagues a betting provider has in its programme, and the more different special bets and special bets there are for each ice hockey game, the more points can be achieved in this test category.
  • A further important criterion for the evaluation of the individual offers is, of course, the respective odds.
  • And because live betting is also playing an increasingly important role in ice hockey, these must not be missing from the evaluation. Again, the more width and depth there is in the betting program and the higher the odds are, the better the evaluation was.
  • The test reports and evaluations are rounded off by bonus points that are awarded for specials. These include, for example, the options for long-term bets, which were only available from a few providers.
  • Or additional offers such as live streams, infotools, statistics or other aids.

The ice hockey betting program in depth

The selection of leagues and games in ice hockey among the top betting providers is huge. But how does it look in depth – with special and special bets on the respective games on offer?

icon-gluehbirneDie are indispensable in this sport, which is so fast and in which a lot can happen in a few seconds. That’s why those bookies who made it to the top places in the ice hockey betting test don’t let themselves be lumped in this respect.

First and foremost test winner Bet365 plays a big role here.

The British model bookmaker offers a wealth of additional bets on games from the most important leagues in the world, such as the NHL, KHL or SHL – in most cases around 30.

Examples

  • Handicap bet
  • winning edge
  • Team that scores first wins.
  • Time 1. goal
  • Third with the most goals
  • First team with three goals
  • team scoring the last goal

The Ice Hockey Odds

In terms of quantity, i.e. width and depth, the betting providers were usually able to convince – a broad spectrum is offered to ice hockey fans. Be it with a large selection of leagues and games or with many different betting options.

But what about the quality of this offer, more precisely the odds. These are not exactly unimportant for friends of ice hockey betting. This quality can best be determined using the odds key.

20. August 2018
by John
Comments Off on Automatic Trading Systems – Do They Work?

Automatic Trading Systems – Do They Work?

Automatic trading systems are becoming increasingly popular in trading. But what about the success of Expert Advisore and Co. In this article we will explain it.

Automatic trading systems are often ambiguously discussed. One group argues against the use, because this kind of action is far too inflexible. Others think it is the only true solution to earn money on the stock market. In addition, there is another group that sells and offers trading strategies, but only earns money through them and not through the trades of the trading systems.

Definition Of Automatic Trading Systems

An automated trading system is a set of rules that automatically creates, manages and terminates trades with a broker. This can be intraday, i.e. on the same day, or, a few days later, through so-called swing trading systems.

I like to differentiate between full and partial automation. The former results from the introductory description. The user uses a part of a software, e.g. an Expert Advisor at MetaTrader or a script at NinjaTrader. These platforms are used to start the systems and execute trades. The chart is ticking and you can see the individual trades in real time and follow them. If there is a maintenance interval at the data provider or if you want to restart the computer or the platform, the trading strategy is stopped. After restarting, this process starts again.

Semi-automated trading strategies are mainly used in the end-of-day area. To do this, you start the system manually and receive trading instructions that are not executed automatically. The entry or exit orders serve as a signal, which is to be deposited manually with the broker. Once a day, before the market opens, this process will usually take place. For week-based systems, only once a week. Despite the partial automation, the same trading and backtesting software can be used, which is also used for full automation. Only the system type is different.

In my opinion, both types of trading strategies have their reason for being. Depending on the trading approach, it must be decided whether full automation is necessary at all, because this involves further tasks.

Switch On, Earn Money, Lean Back

Unfortunately, it’s not that easy, or else everyone would do it. Each trader has different experiences, different temporal conceptions of the acting and also usually a different capital equipment. This means that not everyone can use the same trading strategy, even if it would make money successfully. The process of finding a suitable trading strategy can therefore take a very long time.

Once a suitable strategy has been found, brokers and data feed providers must be connected and, if necessary, a server must be rented on the Internet. Check out this article about rentable VPS suitable for Forex traders which is a helpful page for that purpose. Who wants to run an automatic trading strategy on their laptop or computer from home when they are on the road? Besides the Internet connection, the data feed can also cause problems, the computer itself can break down (e.g. the hard disk), the trading software can no longer function and many other problems can arise. Against some of these incidents, which all cost money, a rented server in the net can provide remedy. Against other items from the list, you have to develop a plan yourself.

I would like to point out here that you have to manage every trading system. While programming errors or changes to the code are the fault of yourself, you should not ignore other technical conditions. After all, who would want the electricity to be out of the house at the next big profit of all things? A server on the Internet and management of the systems should therefore be a basic requirement for using an automatic trading strategy.

I try as often as possible to view and maintain my strategies on the rented server. I pay particular attention to whether the data feed is still active and the trades have been executed correctly. You should only intervene in extreme situations. But a simple connection to the server usually helps to see if everything works. This can also be done via mobile phone or tablet while on the move.

3 Ways Of Thinking About The Use Of Automatic Trading Strategies

As described above, I would like to briefly reiterate the different views of automatic trading systems. The advantage of this type of system is certainly its simple and uncomplicated use, as no feelings or emotions are involved. The system acts according to specially programmed rules, no more and no less. Unless you look at the chart every minute and frequently switch the system on and off, you only have a look at the final daily result. This should be compared exactly with the back test results in order to be able to detect differences in the course execution or even errors at an early stage.

On the other hand, the greatest disadvantage must certainly be assumed to be the inflexibility of trading systems. The rigid rules are often too rigid to adapt to new market conditions. As a result, many systems will no longer function after some time. This can be seen from the high drawdown, often much higher than in the back test or very many loss trades in succession, which in turn exceeds the number of loss trades in the previous test. To prevent this, you can reconfigure the parameters at times, or alternatively test the trading system back to many market phases in the past.

However, it is impossible to say exactly how long automation will continue to produce good results. And also you have to think for yourself too, things like hyperinflation must be considered. At this website is a good explanation how fear affects the crypto market.

To take a brief look at the third group of system considerations, it is best to imagine an equity curve from the bottom left, to the top right, without major setbacks, i.e. without any noteworthy drawdown. This system logic is often found on the Internet and is often regarded as the Holy Grail, which, in my view, does not exist. Often it was optimized too much, on historical data or there are 90% profit trades and only a few very big losers. Sooner or later, this type of system will collapse and destroy money. Unfortunately, this is often also clear to system developers, who nevertheless try to sell their strategies.

In the group of views, I usually try to find myself in the middle of the views. Of course, my equity curve should also look beautiful and profitable, but other components are more important. I like to test back over longer periods of time, which can sometimes be 20 years. With intraday approaches, 2008 often reaches me to the big crash. This way I try to trick the flexibility a little, because as many market phases as possible should be included in the back test.

Nevertheless, it is not easy to act according to a rigid set of rules, so that I often had to switch off systems myself because they were too strongly optimized and only generated losses. The use of fully or semi-automated trading strategies is more difficult than many people think. Unfortunately, the fairy tale of fast money does not exist here.