Cryptocurrency list

The list of available cryptocurrencies has grown at such a staggering rate that there are more than 1100 cryptocurrencies in circulation with an estimated market cap of $150 billion. The following is a list compiled in no particular order.

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What are cryptocurrencies

Cryptocurrencies are virtual or digital currencies which are used as mediums of exchange in buying of goods and services. The earliest known electronic method of payment was Digicash invented by David Chaum who was an American cryptographer who migrated to Amsterdam. At some point he was offered $180 million by Microsoft to put his invention on every Windows PC but he complained that the money was not enough, the deal never materialised and DigiCash became bankrupt.

Cryptocurrencies are created using Blockchain technology. So what is Blockchain technology? It is a decentralised, digitised public ledger for all cryptocurrency transactions...

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EMA, RSI and Parabolic SAR Strategy

For this strategy you are going to be using 3 indicators on MT4, Exponential Moving Average (EMA), Relative Strength Index (RSI) and Parabolic SAR. This strategy is very profitable for trendy markets. Since this strategy is used with 3 indicators it has a proven to be very successful.

Indicators Required

  • EMA 100
  • Parabolic SAR
  • RSI 50

Getting the signal

Buy Signal – The price must be above the 100 EMA and the candle must close above the 100 EMA. From lower to upper the RSI must close above 50. Parabolic SAR starts dots below candles indicating trend going up. Once all these conditions are fulfilled, this should be your buy signal.

Sell Signal – For this signal the price must be below the 100 EMA and the candle must close below the 100 EMA. From upper to lower the RSI must close below 50...

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Grand Capital $500 no deposit bonus

A $500 no deposit bonus is offered by Grand Capital. You register, get your account verified and then open the account bonus. You are given 5 days to trade on the No Deposit bonus.

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InstaForex $1000 no deposit bonus

InstaForex is offering a $1000 no deposit. That is a huge amount for any forex trader. This offer is only for new clients. I love the feature where you are able to subscribe and copy successful traders. Once you gain 10% of your deposit, trading is suspended until you replenish your account with an amount equal to your 10% profit.

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What is Forex?

What is forex?

Forex is a global currency trading market where foreign currencies of the world are traded. Simply put it is the buying and selling of currencies. Its also called the Foreign Exchange or FX.

$4 trillion is estimated to be traded daily. Forex is the largest and most liquid market on the earth.

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Bitcoin hardware comparison

AntMiner S5

The AntMiner S5 is the entry level Bitcoin miners who aren’t ready to fork out more than a few hundred rands/dollars. Most users who have bought the device are quite pleased with the results. In terms of today’s mining difficulty and decreasing block reward, in my opinion it is an outdated service as you would not make more than 0.05 BTC. In actual fact you’ll need to run it for about a year and 8 months to get 1 full Bitcoin. Other customers complained about the device being too noisy but unfortunately that’s how most miners are, loud and hot.

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Ledger Wallet protects your bitcoins

Avalon 6

Avalon 6’s great contenders are both the S5 and S7 AntMiners. From the limited amount of reviews that can be found online most are of the opinion that the Avalon 6 is not as loud as its contenders and the hash rate is pretty reasonable. At the current price tag I see no reason to choose it over its competitors, it costs a 100 rands/dollars more than the S7 which has more superior results.

With the Avalon 6 you can generate a revenue of around 0.12BTC a month, which is hardly something you can write home about.

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Bitcoin hardware

CPU

In the beginning, mining with a CPU was the only way to mine bitcoins and was done using the original Satoshi client. In the quest to further secure the network and earn more bitcoins, miners innovated on many fronts and for years now, CPU mining has been relatively futile. You might mine for decades using your laptop without earning a single coin.

GPU

About a year and a half after the network started, it was discovered that high end graphics cards were much more efficient at bitcoin mining and the landscape changed. CPU bitcoin mining gave way to the GPU (Graphical Processing Unit). The massively parallel nature of some GPUs allowed for a 50x to 100x increase in bitcoin mining power while using far less power per unit of work.

While any modern GPU can be used to mine, the AMD line of GPU architecture turned out to be far superior to the nVidia architecture for mining bitcoins and the ATI Radeon HD 5870 turned out to be the most cost effective choice at the time.

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Cloud mining

Cloud Mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power. This type of mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware. A large number of experts in Bitcoin do not recommend mining in general because of how competitive it has become and the fact that effective Bitcoin mining equipment has become very expensive. Also a lot of cloud mining companies are just scams waiting to rip you off. Genesis Mining is one of the legit companies with positive reviews but it is really not worth the investment in my opinion.

  • Genesis Mining – This is an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup...
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