Ian King: The Growth Of Crypto Markets

The rising popularity of cryptocurrencies across the world has captured the attention of financial traders everywhere. Ian King, a member of Banyan Hill publishing company, has developed a new cryptocurrency advisory column to help inform everyday individuals about the markets for cryptocurrencies. Ian King has over 20 years in the finance industry and has had several successful trades that have gained him over 5000% returns in just a few months. Using the expertise he has developed over the years in the industry of finance he has lost his column to help educate the masses on the advent of this new and exciting technology. Visit ideamensch.com for more info.

During December 2017 the price of Bitcoin rose towards $20,000 as users around the world continue to buy into crypto mania. This increase in price caused the total market capitalization of cryptocurrencies to surpass $800 billion or more than 5000% higher than the same time from the previous year. This is caused a surge in the amount of individuals who are interested in the exciting asset class to currencies. While it is definitely a valuable asset to have in your portfolio, Ian King Banyan cautions individuals not to put more into the asset class than they are willing to lose. While all indications point towards more significant growth in the future there is no guarantee of returns.

The entrance of new users has caused a disinterest in the decentralization of existing corporations and businesses as they are more interested in chasing the incredible returns the cryptocurrencies offer. As a result during the recent crash and prices, many weekends in the crypto markets have been eliminated. This is good news for long-term holders of these digital assets. As we cans are removed from the markets, the long-term valuations should continue to climb. View Ian King Banyan’s profile on facebook.

As of now both governments and corporations around the world are beginning to take notice of blockchain technology. The promises of decentralized immutable ledger systems have immense implications in a variety of industries from the banking and financial industries all the way to supply chain management. The instantaneous transfer of value amongst members of the world across borders with little to no fees is nothing to laugh at. In King believes that as the number of users continues to grow more and more applications for this new technology will be developed which in turn will cause an increase in the valuations of cryptocurrencies which itself will lead to more users creating a cyclical cycle of increasing value. More info Click here: https://angel.co/ian-king-banyan

 

Ted Bauman suggests solutions to bitcoin’s transaction processing problems

Bitcoin has been making headlines over the past few weeks for all the right reasons. This is one of the reasons that just the other day, Mr. Ted Bauman did an article breaking down the possibilities of Bitcoin being used as currency in future and gave some recommendations on what can be done in an effort to overcome the current challenges. Learn more at Crunchbase about Ted Bauman

The article begins with a depiction of a scenario in which Ted imagines an individual is at an airport parking garage, it is late, cold and raining. The individual is also tired and hungry and cannot wait to get home. In his pocket is his bitcoin wallet and by then hopefully the parking machines can accept cryptocurrency, so the individual pay the fee only to wait for 20 minutes for the ticket to come out. Ted says that this is what will happen if the underlying technology of bitcoin is not improved. He even goes further to doubt if bitcoin’s going to happen at all as a currency if things remain as they are.

Some may ask what bitcoin is to start with. Ted explains it as an encrypted type of currency that only exists within a network of computers meaning that it is decentralized and exists on computers all around the world. This is one of the reasons that make bitcoin private, secure and free from manipulation by governmental authorities.

Every now and then comes a time when new bitcoins are created, this is a very computer resource hungry process that is called mining. Bitcoin’s transactions are all processed at that same time so that anyone trying to transact either by sending or receiving bitcoins while the mining process is going on will have to wait until the mining process is through so that their transactions can then be processed. This also means that as more people join the bitcoin bandwagon, the times they are going to wait for their transactions to go through will also be getting longer.

Ted suggests that in order to reduce these painstakingly long transaction times, the amount of data being processed in each bitcoin mining block must be reduced and or increase the size of each bitcoin mining block in order to have more transaction information being processed at the same time. Learn more at Seeking Alpha about Ted Bauman

About Ted Bauman

Ted Bauman is an expert of low-risk investment and asset protection. He also serves as the Editorial Director at Banyan Hill Publishing.

For more info, Click here: https://twitter.com/TedBaumanGuru