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      "body": "Yes, I agree completely with you. We try to verify airdrops and only then we post about them. You can go to https://coinswitch.co/airdrop for registering for the most genuine airdrops.",
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      "body": "You can also head to - https://coinswitch.co/airdrop\nFor update on latest airdrops.",
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      "body": "Congratulations @coinswitch! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@coinswitch/birthday1.png)](http://steemitboard.com/@coinswitch)  1 Year on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Semi Finals - Day 1](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-semi-finals-day-1)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "**Ru**\nПриветствую. Представляю студию блокчейн-копирайтинга. Предлагаю наши услуги по написанию WhitePaper, созданию видеороликов , написанию уникальных статей и обзоров (в том числе для steemit), переводов.  Огромный опыт и большой штат сотрудников. Списко наших услуг и портфолио в нашем [телеграм канале]( @contentmakerstudio) или на [сайте](http://contentmaker.studio).\n**En**\nHello everyone! I present to you our blockchain copywriting studio. We propose to you next services: writing WhitePaper, creating videos, , translations, writing unique articles and reviews (Including for steemit). Extensive experience and highly qualified team. List of services and portforlio in our [telegram channel](@contentmakerstudio) or on our [website](http://contentmaker.studio).",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://blog.coinswitch.co/the-7-things-you-must-know-about-crypto-mining-2fd1e7402079",
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      "body": "![](https://cdn.steemitimages.com/DQmeBKbxCSHPE6i81PsUWvQTNrjNqmvwU1HbwKvbw1Y94xQ/image.png)\n\n<b>C</b>ryptocurrency mining seems like a complicated process, however, to fully understand how cryptocurrencies work, we must know how mining works as it is the process through which cryptocurrencies are produced.\n\n<h2>How does Crypto mining work?</h2>\n\nAlthough it’s not a mandate to understand the mining process and the technology behind it , unless you want to be a miner yourself, don’t you want to understand the inception of the digital currency which is creating havoc in the world or which might be determining your return on investment.\n\nOf course, yes, you might want to know. Let’s make it simple and short to make it worth reading.\n\nMining cryptocurrencies involve miners who use sophisticated algorithm which releases blocks of coins, free for circulation. One thing we must know is each cryptocurrency uses different algorithm. The more it’s been mined from a single cryptocurrency, the more difficult it is to release new blocks., and hence get new coins. The uniqueness of crypto mining is that cryptos that can be mined are limited, once that’s been exhausted, we’ll be left with none.\n\nFor example, out of 21 million [bitcoins](https://coinswitch.co/coins/bitcoin) that can be mined, 17 million has been mined, where only 4 million is left. The same theory works for all other cryptocurrencies.\n\nMining coins for profit generation is difficult as it requires special equipment which is not advisable on your computer as it’s not compatible and incapable of mining cryptocurrencies.\n\nTo mine, you can do so by doing these three things:\n<b>#</b> <i>The first is to provide a bookkeeping service to the coin network essentially. \n<b>#</b> By providing computer accounting services, you’ll get paid a small reward, that too in fractions of coins- “verifying transactions.”\n<b>#</b> Focus on lowering down the electricity and hardware costs.</i>\n\n<h2>Prerequisites of Mining Cryptocurrencies</h2>\n\nLet’s take the easier accessed currencies, like [Litecoins](https://coinswitch.co/coins/litecoin), Dogecoins, and Feathercoins.\n\n<h3>#1 Crypto Wallet</h3>\nThis password-protected container stores all your earnings, also keeping a ledger of your transactions.\n\n<h3>#2 A mining software package</h3>\nIt can help you carry out the mining process, typically made of cgminer and stratum.\n\n<h3>#3 Online Cryptocurrency Exchange Membership</h3>\nComprised of the community of miners, It helps to exchange the virtual ones with the conventional ones- which can increase profitability and income stability.\n\n<h3>#4 Fast and Reliable Internet Connection</h3>\nNo crypto mining can be successful with poor internet connection. Plus, it has to be reliable.\n\n<h3>#5 A hardware set-up location</h3>\nThere should be a cool environment to place the hardware where it doesn’t get overheated as the mining process generates more substantial heat.\n\n<h3>#6 A custom-built computer</h3>\nYou won’t be able to use your personal computer for mining purposes. There should be a dedicated PC for this purpose. Laptops mobile phones are not advisable to use, as they simply do not have enough power to generate any sort of income.\n\n<h3>#7 An ATI graphics processing unit, or an ASIC chip</h3>\nThe cost will be in between $90 and $3000. The GPU or ASIC will be the workhorse of providing the accounting services and mining work.\n\n[![](https://cdn.steemitimages.com/DQmcnHQLHN75Zt4BvTCKmztJfYN4bKEznQkpoRpxrwn4CoQ/image.png)](https://coinswitch.co/?utm_source=blog_ref_banner)\n\nLastly, let’s point out the <b>pros and cons</b> of mining cryptocurrencies:\n\n<h2>Pros:</h2>\n\n<h3>#1 Can be a part of your hobby</h3>\n\nIf your goal is not to generate profit and just mine as a part of your hobby, then you can go ahead and mine, just keep in mind the overpowering electricity cost.\n\n<h3>#2 Gaining Popularity</h3>\n\nA decade back, who knew there will be an invasion of a new digitized currency known as cryptocurrency. From a couple of years it has been widely known and popularized by its uniqueness and its fantastic blockchain technology. As days are passing by, the more crypto tokens coming into the picture which not only makes the competition better, but will help those in the mining industry.\n\n<h3>#3 It is simple and easy process</h3>\n\nIf you have the means to have the equipment needed for the mining process, nothing can stop you, just that the connectivity has to be trustworthy.The actual process of mining is relatively a simple process. Once you have got the software needed, it can run by itself.\n\n[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n\n<h2>Cons:</h2>\n\n<h3>#1 It is profit generating and makes one greedy:</h3>\n\nIf you are thinking of a second income, mining will not work. As previously stated, if you are looking to make truck loads of money, it is more beneficial for you to buy and sell cryptocurrency instead of mine it.\n\n<h3>#2 Needs huge amount of investment to start and run it</h3>\n\nThis has been stressed heavily throughout the article. Mining can be a part of your hobby, but it does come with a cost, and you have to be dedicated to the hobby to purchase everything that is required to mine successfully.\n\nEarlier only specialized and dedicated miners were responsible for mining. But, as cryptocurrency gained popularity, more and more people started getting involved in mining of cryptos. Consequently, several people and enterprises have started investing in warehouses and hardware.\n\nAs enterprises jumped into the fray, unable to compete, bitcoin miners have begun to join open pools, combining resources to compete effectively.\n\n![](https://cdn.steemitimages.com/DQmT6pZXWbsQqWwUa4JHcQE92QZmUB4Xpm5Vyuih7YWhudM/image.png)\n\n<h2>About CoinSwitch</h2>\n\n<b>CoinSwitch</b> is the [world’s largest cryptocurrency exchange aggregator](https://coinswitch.co/). It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, Bittrex, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at <b>[email protected]</b> if you have any queries.\n\nJoin our [telegram group](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates\n\nHappy Switching :)\n\n<center>.     .     .     .     .</center>\n\n<i>This blog was originally published in</i>  [Coinswitch Blog Page](https://blog.coinswitch.co/the-7-things-you-must-know-about-crypto-mining-2fd1e7402079).",
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      "author": "larik359",
      "body": "**Ru**\nПриветствую. Представляю студию блокчейн-копирайтинга. Предлагаю наши услуги по написанию WhitePaper, созданию видеороликов , написанию уникальных статей и обзоров (в том числе для steemit), переводов.  Огромный опыт и большой штат сотрудников. Списко наших услуг и портфолио в нашем [телеграм канале]( @contentmakerstudio) или на [сайте](http://contentmaker.studio).\n**En**\nHello everyone! I present to you our blockchain copywriting studio. We propose to you next services: writing WhitePaper, creating videos, , translations, writing unique articles and reviews (Including for steemit). Extensive experience and highly qualified team. List of services and portforlio in our [telegram channel](@contentmakerstudio) or on our [website](http://contentmaker.studio).",
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      "body": "#\n# upvote for me please? https://steemit.com/news/@bible.com/2sysip\n#",
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      "body": "![](https://cdn.steemitimages.com/DQmSR61tQiCWHygBNxVe8uXHG44fLqKmJNABn1sRAFhWFZQ/image.png)\n\n<b>A</b>round two years ago, [Bitcoin](https://coinswitch.co/coins/bitcoin) and blockchain technology took the world by storm. Not many knew what they were or what they did. What they did know was that Bitcoins were becoming more valuable by the day and the technology behind it was gaining traction everywhere. Today, after some part of the hype has died down, we have started looking at them more objectively. Blockchain technology, in particular, has come under enhanced scrutiny. People have tried to understand its concept, its flaws and looked for potential applications of blockchain in various fields. As such, a number of different applications have sprung up, some pretty surprising. Many of them are, surprisingly, in the entertainment industry.\nIn fact, Blockchain technology is not only going to be used in the entertainment industry. It is poised to transform and revolutionize it.\n\n<h2>Role of blockchain and cryptocurrency in entertainment industry</h2>\n\nThe entertainment industry and Blockchain technology — Without a doubt, this seems like a very odd pair at first. But as we dig deeper, we get to know about certain qualities of blockchains and cryptocurrencies which can completely change the face of the entertainment industry.\n\n<h3>#1</h3>\nFirstly, Cryptocurrencies makes micropayments possible. This is a big change which can be brought in the entertainment industry. Think about buying a single song for 50 cents. That might be difficult given the traditional systems of payments. The large amount of transaction charges would make it burdensome. However, it is completely possible using Cryptocurrencies.\n\n<h3>#2</h3>\nSecondly, blockchain can be used to create smart contracts. These contracts will only be executed when the system recognizes that certain criteria have been met. As such, no human intervention whatsoever would be required while doing transactions using blockchain technology.\n\n<h3>#3</h3>\nFinally, blockchain makes product tracking possible. So, there can be a giant public repository of records which will help sellers know who has purchased their content and when. Since the entire system will be full-proof and secured by the community itself, it will be very difficult for anyone to break in and change records.\n\n[![](https://cdn.steemitimages.com/DQmcnHQLHN75Zt4BvTCKmztJfYN4bKEznQkpoRpxrwn4CoQ/image.png)](https://coinswitch.co/?utm_source=blog_ref_banner)\n\n<h2>Application of blockchain technology in the entertainment industry</h2>\n\nUntil now, we have seen those qualities of blockchain technology which can change the face of the entertainment industry. Now, let us take a look at the applications of these qualities and how change can be brought about.\n\n<h3>#1 Blockchain solves the problem of content distribution</h3>\nTill a few years back, any artist who was serious about making a career had to be at the mercy of the big labels. Until and unless he could get a contract from them, he would have found it very difficult to break in. No doubt, we have had some changes over the past few years. YouTube has gained popularity. So, artists can showcase their talent there and create a name for themselves. Also, there are certain platforms which allow customers to pay directly for purchasing music of independent artists. However, the issue of a platform persists. Some middleman is always needed, whether it is YouTube or those big distribution companies. Blockchain technology can change that. Using smart contracts, an independent artist can make sure that a customer receives the content as soon as the payment is made.\nAnd bang! It does not require any middleman whatsoever.\n\n<h3>#2 Digital Rights Management</h3>\nAny content online has this common issue related to it; the one regarding intellectual and digital rights. Who owns the content? Who can download it? If someone pays for it and downloads it from some other source, can he keep it? The list goes on. Day in and day out, we keep hearing about some or the other issue regarding digital rights.\nBlockchain technology, using a giant public ledger, can put an end to this menace. Any content created can be tagged and all transactions regarding the content can be tracked. In case of any dispute, all one needs to do is check the history of that content. This will be beneficial for the customer, the artist as well as any middleman involved in the transaction.\n\n<h3>#3 Tracking of tangible goods</h3>\nExpensive and rare goods have a special ring attached to them. People come in droves to check them out. The problem, however, is that they are attractive for fraudsters too. Today, there is rampant copying of artworks. Plus, the technology that we have today has made creating fakes even easier. This is a serious issue and reduces peoples’ faith in the system.\n\nBlockchain can help in solving this problem to a large extent. Any work of art created can be attached with an RFID or similar tag. Now, wherever this artwork goes, genuine buyers will know about its location. In this way, buyers can cross-check the authenticity of the artwork being sold to him.\n\n<h3>#4 Gaming</h3>\nFirstly, blockchain can help in solving issues relating to distribution and ownership as mentioned above. Consumers can sleep better and indie game developers would get a way to distribute their games. For example, any developer creating android apps can directly sell his applications to consumers. But, that is not all.\nBlockchain technology solves the problem of digital ownership. Conversely, it introduces the concept of digital scarcity. Previously, any digital content could have any number of copies. However, that will no more be the case after blockchain technology is used. This scarcity can be used to create games. In fact, games are already being developed on the basis of this concept.\n\n<h2>Use Cases of Blockchain technology</h2>\n\nMany people and institutions have already started putting efforts into the above applications of blockchain technology in the entertainment industry. Many of them have been successful. They have proved that even on a large scale, something like this can be done.\n\n<h3>#1 Imogen Heap released her song on Ethereum</h3>\nImogen Heap has decided to release her song on the [Ethereum](https://coinswitch.co/coins/ethereum) blockchain. She is, in fact, the first artist to have done something like this. In an article, she explains why she did it and why it is a great path to take. According to her, putting her song on the blockchain gives her ability to directly compensate her staff members for every song sale. So, if she wants, she can have a certain percentage of song sales to directly go into the bank account of her production manager. Launching her song on the Ethereum blockchain has also her complete control over the entire marketing process. Now, she can raise prices whenever she wants to. If she wants, she can even give the song away for free. In traditional systems of distribution, once the song goes out of her hand, she would have no control over it whatsoever.\n\n<h3>#2 VeChain and Everledger have tried to track tangible goods</h3>\nVeChain is a startup based in Shanghai. It has a luxury goods management solution which uses blockchain technology. Its software solution helps companies identify it their goods are legit or not. In just two years since its inception, its impact can be felt and companies have started appreciating the product.\nOn, the other hand, Everledger has come to prominence for being one of the first companies to try and solve problems relating to diamond sourcing. Recently, it has also gone into the world of fine arts to combat fraud which regularly happens there.\n\n![](https://cdn.steemitimages.com/DQmRTjtjEAnfJeynUDwnWkdX3qKaKjw3jK4JntQ42x91FeG/image.png)\n\n<h3>#3 Crypto kitties, a game which uses blockchain technology has become popular</h3>\nCrytpokitties is an online game which allows people to collect and breed kittens. The catch point is that it uses blockchain technology to its advantage. Once a cryptokitty is sold, it will stay with the owner forever. It cannot be copied nor can it be stolen. It is secured by Ethereum blockchain. This creates a sense of ownership in the buyer.\nIn December 2017, a CryptoKitty sold for $100000. In fact, the game has become so popular that it has raised concerns over usage of Ethereum blockchain. People have suggested that the game is using too much space on the blockchain.\n\n[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n\n<h2>Why moving to blockchain is a boon to the entertainment industry</h2>\n\nMoving to Blockchain will be extremely beneficial to the entertainment industry. They can delight customers in ways which were not possible before. If used the right way, blockchain technology can help them restore customers’ faith in the system.\n\n<h3>#1 It enables new forms of entertainment</h3>\nBlockchain can easily be used in creating games which are completely different than the ones we know today. Think about the game of Cryptokitties we just mentioned above. It uses the concept of digital scarcity in a very simple way.\nNow, we also have a connecting link between the digital world and real world. Both can have scarce resources. As such, more games connecting the digital to the physical world can be created and popularized.\n\n<h3>#2 It reinforces trust in the system</h3>\nArtistic fakes are a big cause of concern. Moreover, the industry has to bear the brunt of it. For every fake discovered by one person, ten other people stop buying expensive artwork. If blockchain can be used to guarantee the legitimacy of artworks, this problem can be solved to a very large extent. A universal system of identifying original pieces of art can be created. This will go a long way in helping people trust the system more.\n\n<h3>#3 Big labels can identify rising talents</h3>\nBlockchain can help individual artists showcase and sell their work directly. On the face of it, this seems like an issue for big distribution houses. Actually, it isn’t. With this technology, these houses will be able to spot rising talents much more easily. When they publish their songs, they can be surer of success.\n\nTo conclude, we must understand that the applications of blockchain in the media industry are only going to grow over time. As of now, people do not know much about blockchain. Plus, they do not use a lot of Cryptocurrencies. With time, as more people get to know about it and as more people use Cryptocurrencies, we will find many more uses of blockchain technology in this industry. Blockchain really has the capability of solving some very big problems of this field.\n\n![](https://cdn.steemitimages.com/DQmT6pZXWbsQqWwUa4JHcQE92QZmUB4Xpm5Vyuih7YWhudM/image.png)\n\n<h2>About CoinSwitch</h2>\n\n<h3>CoinSwitch</h3> is the [world’s largest cryptocurrency exchange aggregator](https://coinswitch.co/). It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, Bittrex, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at <b>[email protected]</b> if you have any queries.\n\nJoin our [telegram group](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates.\n\nHappy Switching :)\n\n<center>.     .     .     .     .</center>\n\n<i>This article was originally published in</i> [coinswitch blog page](https://blog.coinswitch.co/blockchain-in-entertainment-industry-3ddb12ccbfbe)",
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      "body": "![](https://cdn.steemitimages.com/DQmPfaYpDxnTaXAw2Lyg6EXeEv1kw57GJGA84TCGcpHXt17/image.png)\n\n<b>T</b>he cryptocurrency market has been experiencing major outbreak since few months, starting with the plummeting downfall of [Bitcoin(BTC)](https://coinswitch.co/coins/bitcoin), the strongest crypto identified worldwide.\n\nBitcoin and Ethereum outperformed the top 10 cryptocurrencies with a slight loss of 0.8 percent, while Ripple, [Bitcoin Cash](https://coinswitch.co/coins/bitcoin-cash), EOS, and [Cardano](https://coinswitch.co/coins/cardano) experienced a loss of around 2.5 percent.\n\nCurrently, the issue with low volume in the crypto market stands and the volume of bitcoin has actually decreased from $4.5 billion to $3.5 billion, while Ethereum’s volume has dropped to the lower end of $1 billion.\n\nThe market has dropped down by over $7 billion amidst a minor correction. Major investors and crypto enthusiasts were a bit optimistic after the reversal of cryptocurrency ban by the tech giant Facebook. But unfortunately, nothing positive happened, other cryptocurrencies are following the same downfall as the “Pied Piper was being followed by the rat”.\n\nLet’s point out the major reasons for the plague in the cryptocurrency.\n\n<h3>#1</h3>\nBTC has almost had a massive downfall and reached below $6000 mark. As of now, Bitcoin is trading at $5895.13. Bitcoin price nearly fell by 11% after the South Korean Exchange attack. Ethereum, Ripple and Bitcoin cash had fallen by 5% or more. The historical data from the coinmarketcap shows that there had been decline of nearly $3,00,000,000 in market cap from 8th to 11th of June, 2018.\n\n<h3>#2</h3>\nThe cryptocurrency price fluctuations are to be expected with such a nascent market, according to Matthew Newton, an analyst at the trading platform eToro.\n\n<i>The reality is that emerging technologies carrying radically new ideas will always see swings in their value,” Mr. Newton told The Independent.</i>\n\n>“Market adjustments as we have seen over the past months can help to stabilize prices and move the industry towards a more robust, sophisticated regime. This is good for the long-term future of blockchain and cryptocurrencies, giving the industry time to develop.”\n\n[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n\n<h3>#3</h3>\nOther factors which might have contributed to the sudden downfall of the crypto market might be the regulatory measures introduced in Japan. Bitflyer, the local exchange aggregator announced that they wouldn’t accept new customers due to the regulations imposed by the Financial Services Agency in Japan.\n\n<h3>#4</h3>\nEven [Ripple](https://coinswitch.co/coins/ripple) suffered heavy losses, major reason being the South korean hack, trading at $0.431157 as of now, wherein the percentage decrease in the last one hour is 10%. Ethereum suffered a more tremendous fall, trading now at $411.43, with the percentage decrease in 25% in the last hour.\n\nCryptocurrencies can’t catch a break this week as more negative news continues to crowd the market.\n\n>Traders woke up to the news that the Department of Justice (DOJ) has seized more than $20 million in bitcoin from illicit weapons and narcotics traders on the Darknet, shrouding the cryptocurrency market in a negative light again.\n\n<h3>#5</h3>\nOne more reason is AliBaba’s chairman Jack Ma’s statement where he advises traders against Bitcoin saying that “the digital coin is a bubble will burst.”\n\n>Speaking at a launch event for a new online-payment service for real-time cash transfers between Hong Kong and the Philippines, he said: “Technology itself isn’t the bubble, but bitcoin likely is.\n\n<h3>About CoinSwitch</h3>\n\n<b>CoinSwitch</b> is the [world’s largest cryptocurrency exchange aggregator](https://coinswitch.co/). It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at <b>[email protected]</b> if you have any queries.\n\nJoin our [telegram group](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates\n\nHappy Switching :)\n\n<center>.     .     .     .     .</center>",
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      "body": "Nice work.  BTC will go up soon from what I see.  It may go down slightly more but not  stay very long.",
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      "body": "![](https://cdn.steemitimages.com/DQmNbEyEaiGcjvc57h43avyW5LJoiHiXPZ5aUdAqAjhfLSR/image.png)\n\n<b>T</b>he price of Bitcoin(BTC) has been very volatile since when it was trading between $10 and $15 in the year 2013, after which it went on a parabolic rise of $1163 in the same year. The next 18 months was a downfall for Bitcoin where it went back to the $200 mark after which it went on the upward rise, which persisted globally.\n\nSo, here’s the question? Will it fall down to three-digit figure again or will show up its plummeting pace once again?\n\n<b>#1</b>\nTodd Gordon, founder of TradingAnalysis.com predicted Bitcoin(BTC) to drop to $4,000 prior to a rebound above $10,000 by 2019 on CNBC’s Stock Draft. When asked to explain his estimates, Gordon cited a “beautiful uptrend,” and called the recent correction down from $19,000 “inconsequential” given the gains in BTC price since 2015.\n\nLow prices combined with favorable regulations are precisely the things institutional investors with deep pockets are looking for.\nAs the second quarter of 2018 will soon come to a close, the outlook on the future of the cryptocurrency market remains divided. It is crucial now, more than ever, not to lose touch of the end goal — to create a trustless decentralized financial ecosystem that is available for everyone to use.\n\nLast month, Wall Street analyst Spencer Bogart said that the significant cryptocurrency will trade “at least” above $10,000 by the year’s end. He suggested that the reality of a deeper institutionalization of the crypto space is securing the long-term “story,” and is “overall positive” for Bitcoin’s future.\n\n<b>#2</b>\nThere’s another scenario which explains that miners are still heavily incentivized to mine to obtain increasingly more valuable Bitcoin tokens as a reward before the supply reaches its capacity. As of now, 17 millionth BTC has been mined, only 4 million left to mine before the 21 million BTC market cap is reached. Bitcoin reward for mining a block also halves every 210,000 blocks. As it stands, miners receive a 12.5 BTC reward for unlocking a new block. According to BitcoinBlockHalf.com, the next reward halving will happen in May 2020 — reducing the reward to 6.25 coins. When the 21 million BTC is reached, there won’t be any BTC award left for miners.\n\n<b>#3</b>\n>Implementation of Segwit happened after the consensus of the bitcoin community- just as Nakamoto pointed out in his white paper-\n“They [nodes] vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism.”\n\nThe launch coincided with the lowering transaction fees which have dropped considerably in the past months as Segwit continues to be implemented to nodes around the world.\n\n[![](https://cdn.steemitimages.com/DQmcnHQLHN75Zt4BvTCKmztJfYN4bKEznQkpoRpxrwn4CoQ/image.png)](https://coinswitch.co/?utm_source=blog_ref_banner)\n\n<h2>Analysis of the [Bitcoin Price Prediction](https://coinswitch.co/coins/bitcoin) over the years</h2>\n\nBitcoin has slid 25% since May and around 70% since December, wherein the market cap stands at US$105.65 billion, with US$2.97 billion traded on June 24th, 2018.Mt. Gox announced rehabilitation programme and repayment plan for defunct exchange users. A deadline for the proposal is set to be February, 2019.\n\n><b>The Mt. Gox wallets still hold over 137,000BTC and 137,000 Bitcoin Cash, or an additional 16,753BTC at current prices. Returning these funds to users will likely result in a demand shock, similar to previous government auctions and cause bearish price action. The Bitcoin block reward halving will also result in a supply shock and is slated for May 2020.</b>\n\nTransactions have declined since March, when it was averaged to be 18,000.The Visa payment network processed an average of 1667 transactions per second on an average. The Visa payment network experienced an outrage for two days whereas Bitcoin has been having 99.99 % uptime since its inception. The transaction fee reduction is multifactorial. Although there’s a reduction in transactions, Segwit, which accounts for 37% of the transactions has been a contributing factor in the average fee decline.\n\nSegwit transactions occupy lesser block space than non-Segwit ones, due to which daily usage has spiked, eventually due to the proposed SegWit2x hard fork which failed to activate.\nTransaction batching is the main cause of this decline, where one transaction is sent to many addresses at once instead of each transaction being sent individually.\n\nBefore closing in, let’s see some of the predictions by the crypto gurus:\n\n<b>#1</b>\nMike Novogratz, once known to be famous Wall street hedge fund manager, is betting big on the bitcoin boom in general as his price prediction suggests: “Bitcoin could be at $40,000 at the end of 2018,” Novogratz said. It easily could.”Going much more long-term, Novogratz said it was within the realm of possibility that the bitcoin market cap could one day reach the current market cap of gold, which is around a whopping $8 trillion USD.”\n\n<b>#2</b>\nMax Keiser, firebrand bitcoin Guru projects the bitcoin price target to be $15k soon, and $100,000 on the horizon.\n\n<b>#3</b>\nAdam Back, an OG cypherpunk, opinionated that the bitcoin price will be hitting $100,000, echoing Max Keiser’s aforementioned prediction.\n\n<b>#4</b>\nJohn McAfee, a bitcoin aficionado thinks $1 million per bitcoin will be a reality by the end of 2020.\n\nThe scarce quality of BTC makes it prone for hyperinflation which enunciates that its price will continue to see upward pressure in the upcoming months or years to come. We just have to wait and see who’s predictions come true!:/\n\n[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n![](https://cdn.steemitimages.com/DQmT6pZXWbsQqWwUa4JHcQE92QZmUB4Xpm5Vyuih7YWhudM/image.png)\n\n<h3>About CoinSwitch</h3>\n<b>CoinSwitch</b> is the [world’s largest cryptocurrency exchange aggregator](https://coinswitch.co/). It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, Bittrex, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at [email protected] if you have any queries.\n\nJoin our [telegram group](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates.\n\nHappy Switching :)\n<center>.     .     .     .     .</center>",
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      "body": "# Sell your votes https://steemit.com/news/@bible.com/6h36cq",
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      "body": "![](https://cdn.steemitimages.com/DQmUd7KfhSW9qb6GsP3jZdbe8y1NXfUACBp7gC7EoFgmVeW/image.png)\n\n<b>We</b> have all seen the rise of bitcoin in the past two years. And while everyone has been awed by it, not many know about the technology behind bitcoin, something which many believe is more revolutionary than bitcoin itself. The technology is blockchain and it is one of the hottest topics in the tech world at the present moment.\n\nBlockchain underpins the entire Bitcoin model of cryptocurrency. It is like a giant public ledger which records all transactions which have taken place till date. Unlike traditional accounting systems, it is not stored on a single server. Rather it is decentralized and distributed. All computers on the bitcoin network have a copy of it.\n\nHow are new transactions added to it? Every 10 minutes or so, computers on the bitcoin network pool all the new transactions into a single block and generate a hash out of it. This hash, if accepted by all the computers on the network, gets added to the chain of blocks which make up our giant public ledger. In this way, the blockchain grows.\n\n<h2>How blockchain can be used as a service in various industries</h2>\n\nOkay, so computers on the [bitcoin](https://coinswitch.co/coins/bitcoin) network accept hashes computed from raw transactions. Once these hashes have been accepted by them, they get added to the public ledger. The good thing about this is that no individual computer has the right to change the ledger. It is distributed in nature. Since the right to publish on the public ledger is distributed, so is the trust in the system.\n\nUsers of a bitcoin system do not trust a single third party for their transactions. Rather, they trust the bitcoin community in general. They believe that the honest computers on the network will not accept a dishonest transaction. As such, the system will remain secure. This might sound trivial but has massive consequences. Think about the number of industries which work as a trusted third party to two transacting parties.\n\nStock exchanges serve as third parties between buyers and sellers of securities. Amazon serves as an intermediary between buyers and sellers of goods. Banks serve as an intermediary between paying and receiving parties. The court serves as the enforcer of a contract between two parties. All of these industries will experience a mammoth shift if blockchain technology can be applied well.\n\nNot only this, blockchain is also all electronic. Hence, it does not have to be constrained by the location of a person. Someone present in New York can transact as easily with another New Yorker as he can with a person in Sub Saharan Africa. Hence, blockchain can be used to provide financial services to people in remote corners of the globe.\n\n![](https://cdn.steemitimages.com/DQmTbwB4YfeB2e16xYDVod4GYh8nXrEfsXczm6eMqbmEvT7/image.png)\n\n<h2>How blockchain can be implemented in Private sector</h2>\n\nAs mentioned above, blockchain can be used in a number of ways in a number of industries. Now, let us get to the specifics and learn more about this in detail. Exactly how can blockchain be used in different industries:\n\n\n\n<b>#1 Cryptocurrencies </b>\n\nIt is almost criminal to think about applications of blockchain without starting with Cryptocurrencies. Almost all major Cryptocurrencies in the world today use blockchain in some form or the other. The technology of blockchain is the foundation of their entire model. Using blockchain, these Cryptocurrencies come to know about the transaction history of any bitcoin.\n\n<b>#2 Recording intensive industries</b>\nThere are many industries like health, warehousing etc which require intense record keeping. In health, it is the record of people, their reports, their treatments etc. In the case of warehousing, it is the record of goods, their dispatch dates, their storage periods etc. In these industries, it would be very helpful to have decentralized databases maintained by computers on the network. In this way, the reliance on third parties can be reduced. The transaction processing times can be faster and many times less expensive.\n\n<b>#3 Distributed cloud storage</b>\nThis is another very exciting application of blockchain technology. Until now, we have been used to the client-server model of data storage. We send data over the network to be stored on a particular company’s servers. We, then, pay periodic maintenance charges to the company. Using blockchain, a peer to peer storage system can be created. Any data which one uploads can be hashed and stored with anyone in the world who has some space to spare.\n\n<b>#4 Banking and Financial services</b>\nMoney remittances form an important part of the global banking system. For example: Remittances to Sub Saharan Africa alone totaled $30 billion during 2015. In fact, remittances form a huge part of these countries’ GDP. It forms 26% of Liberia and 19% of Lesotho. However, the cost to transfer these remittances is huge, almost 10% for Sub Saharan Africa. If blockchain technology is used, it won’t be anything much and there can be savings of up to $3 Billion.\n\nThere are just some examples of how blockchain can be used in the private sector. Many more such examples exist and the list is only going to grow over time.\n\n[![](https://cdn.steemitimages.com/DQmcnHQLHN75Zt4BvTCKmztJfYN4bKEznQkpoRpxrwn4CoQ/image.png)](https://coinswitch.co/?utm_source=blog_ref_banner)\n\n<h2>How blockchain can be implemented in Public Sector</h2>\n\nYes, it can be argued that the public sector will take its own sweet time in accepting blockchain as a viable technology. However, that doesn’t mean that blockchain cannot be used here. It can be used in several different ways:\n\n<b>#1 Voting</b>\nBlockchain can really change the way we vote. Increasingly, people around the world are concerned about voter authenticity. They are questioning the quality of our democracies. Blockchain can be used to help people vote online. The votes they cast can then be stored in a public database for all to view. In this way, people can even check if the votes they polled were counted correctly.\n\n<b>#2 Smart contracts</b>\nContracts, a few decades ago, were not very popular. Today, thousands of contracts are executed every second. Along with the increase in volume, they have experienced a rise in complexity. Forwards, Futures, swaps and list goes on. Smart contracts can be created using blockchain technology which will be stored online permanently and will execute as soon as all the conditions are satisfied. For example: a forward contract will be executed as soon as the forward date arrives.\n\n<b>#3 Carbon Credits exchange</b>\nThere are some assets which are very clumsy to exchange like carbon credits, real estate, gold etc. By creating digital tokens and records, these can be easily exchanged between parties and an online record can be created. It will be faster, safer and smoother.\n\nBlockchain technology can create a large difference in the way public institutions work. The reason for this is that public institutions are usually built as keepers of trust. Since people can’t trust each other, they create and trust public institutions: a problem to which blockchain has an efficient answer.\n\n[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n\n<h2>Real-time examples of blockchain being used as a service</h2>\n\nThere are many real-life examples of the use of blockchain as a service. The major part of these, as of now, is taken up by Cryptocurrencies. The other non-cryptocurrency based uses are majorly in development. But we expect them to roll out very soon:\n\n<b>#1 Health</b>\nThe issue with health in cities like Boston, Massachusetts is that they are multiple enterprising provides health recording services. And most of them have different data handling and manipulation procedures. Hence, changing doctors becomes a bigger issue as the new doctor will have to take all data from the previous recording service and translate it according to his recording service. The process becomes clumsy, wastes precious time of medical professionals and any small error here can lead to disastrous consequences.\n\nHowever, the Massachusetts Institute of Technology is working on a blockchain technology-enabled system in which data entered by medical professionals will stay on the servers of individual service providers, but an anonymous link to them will be posted on a blockchain. Next, medical professionals and patients will be given a customized app which can handle all sorts of data. Now, what happens is that any medical professional can access a patient’s medical history from the blockchain without having to worry about any kind of clumsiness.\n\n<b>#2 Voting</b>\nFollow My Vote was launched around a few years back to provide a digital and seamless experience to voters. It has a product by which people can download the voting booth on their computers and verify themselves. Then, they can cast their vote as they wish. The votes are stored on a blockchain so that they cannot be tampered with.\n\nAfter the results are declared, another feature of Follow My Vote comes to light. People can audit their voting booths to check if all votes were counted properly. They can also check if the software has correctly recorded his/her votes.\n\n![](https://cdn.steemitimages.com/DQmRGfJLq6ivWuNxiiYThuga7FvjbmBUz7JwVpZWRjr4Gxj/image.png)\n\n\n<h2>Advantages and the need for blockchain</h2>\n\nNot only corporate giants, even countries have put blockchain in their technology plans. There are specific reasons why blockchain has been gaining so much momentum and traction in recent years.\n\n<b>#1 No intermediary required</b>\nBlockchain eliminates the need for a trusted third party altogether. Hence, the trust in the system is maintained by the users of the system themselves.\n\n<b>#2 Transaction costs</b>\nThe transaction costs are very low for transfers using blockchain. This is because there is no third party required. Hence, the only cost is in the form of infrastructure required to maintain trust in the system.\n\n<b>#3 All electronic</b>\nBlockchain can be applied in the remotest corners of the world. Since blockchain is nothing but data and data can be easily transferred anywhere, it is like a giant system on wheels.\n\nTo conclude, there are indeed numerous advantages of blockchain technology. Probably, that is why it has found so many takers for itself. Every day, blockchain seems to enter a new domain and every day, the belief that it can destroy entire industries only grows stronger. In the coming years, we can only expect a disproportionate amount of growth in the industries using blockchain to their advantage.\n\n<center>.     .      .     .</center>\n\n<h2>About CoinSwitch</h2>\n\n<b>CoinSwitch</b> is the [world’s largest cryptocurrency exchange aggregator](https://coinswitch.co/). It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, Bittrex, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at [email protected] if you have any queries.\n\nJoin our [telegram group](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates\n\nHappy Switching :)\n\n<i>This article was originally posted in</i> [Coinswitch blog page](https://blog.coinswitch.co/blockchain-as-a-service-bc32a7da5fb4).",
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      "body": "@@ -3908,24 +3908,25 @@\n  XRP.%0A%0A%3EThe \n+%5B\n Bitcoin pric\n@@ -3926,16 +3926,54 @@\n in price\n+%5D(https://coinswitch.co/coins/bitcoin)\n  changes\n",
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      "body": "![](https://cdn.steemitimages.com/DQmXkM9FwTYRczxa1HhmCqvB1paTtARg4EFuTPyk7K1Q5Q8/image.png)\n\n<center>Bitcoin vs Ripple</center>\n\n<b>Bitcoin</b>(the very first cryptocurrency) was established with an intention to enable payment for “goods and services” while Ripple(XRP) is a payment and remittance system intended for banks and payment networks.\n\nThe main difference is Ripple(XRP) doesn’t use blockchain technologies like Bitcoin does, wherein Ripple uses a distributed consensus ledger using a network of validating servers.\n\n<b>#1</b>\nBitcoin(a decentralized currency) uses Proof of work with a maximum supply of 21 million coins while Ripple(a centralized transaction network) uses iterative consensus process with a maximum supply of around 100 billion coins.\n\n<b>#2</b>\nRipple tracks information of any kind whereas, Bitcoin network only tracks the movement of Bitcoins. To be noted, that each Ripple transaction has a fee, which is eventually being destroyed. This implies that the fee is not paid to anyone. Bitcoin(BTC) transaction fees, on the other hand, are paid as a reward to the miner to include a transaction in a block formation.\n\n><i>Ripple has solidified its position in the top 5 cryptocurrency list and is almost as well known as Bitcoin. Regardless if Ripple becomes the number one blockchain-for-banks or not, there are plenty of other applications for its technology. Unlike Bitcoin, it is business friendly as it complies with regulation. While Bitcoin relies on user adoption, Ripple is aiming for more widespread adoption in daily commerce. This makes it more attractive to investors that view cryptocurrencies like Bitcoin as vulnerable to future regulatory battles and therefore not likely to be adopted for general commerce.</i>\n\n<b>#3</b>\nAs with all altcoins, Ripple still resides under the shadow of Bitcoin in terms of daily trading volume. That’s because Bitcoin is the most exchanged and offered cryptocurrency in the world. Where Bitcoin is offered on local exchanges, in persons and in ATMs, Ripple exchanges are limited to the following reputable sources: Poloniex, Bittrex, Kraken, Jubi, Bter, Anxpro and some other lesser know exchanges.\n\n<b>#4</b>\nAcceptance Ratio is high for Bitcoin as compared to Ripple. Inspite of Ripple falling under the list of decentralized cryptocurrency, we find that cryptocurrency debit cards don’t accept Ripple as readily as Bitcoin. All in all, Ripple is great for banking infrastructures to connect worldwide, whereas Bitcoin is suitable for all sorts of different use cases.\n\n<b>#5</b>\nBitcoin has an unparalleled amount of different wallet options. However, you’ll find that Ripple has a few different wallet types to use as well. Rippex, for example, is a well respected desktop wallet.\n\nLast, but not the least, Ripple value in USD is far less than bitcoin. As of now, [Ripple token](https://coinswitch.co/coins/ripple)(XRP) price is $0.5244 & Bitcoin (BTC) price is $ 6655.44.\n\n>[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n\n<h2>Which is good for long term investment?</h2>\n\nRipple has certainly gained a lot of momentum and the list of organizations which are using it indicates that the tokens themselves will become valued commodities in their own right. In fact, last year, the increase in value of one XRP token outperformed Bitcoin or any other cryptocurrency.\n\n<b><i>At the start of 2017 one XRP was valued $0.006. They peaked, at the start of this year, at $3.87, before quickly crashing down to their current value of around $1 per XRP</i></b>\n\nXRP are traded on cryptocurrency exchanges such as Binance and Poloniex. Usually, it isn’t possible to buy them with existing government-issued (fiat) currencies — you will have to buy Bitcoin or Ethereum first, then transfer them to an exchange to trade them for XRP.\n\n>The Bitcoin price changes a lot every day and has seen many highs and lows over the last few years. The price of 1 Bitcoin has gone from around $76 (07.09.13) to as high as $20,000 in December 2017. But then after Bitcoin reached its highest point in December, the price of Bitcoin dropped to around $6000 in February 2018.It’s revolving around the $6000 mark.It’s crazy!\n\nConsidering that Ripple is largely governed by a central body, it is hard to argue that it is more secure than the most mined cryptocurrency in the world- Bitcoin.In cryptographic terms, its centralized nature makes transaction reversals far more likely than in the case of Bitcoin.\n\nBitcoin, with it’s current +2000$ USD price, has a massive lead over Ripple, which still trades well under the 1$ mark. So the winner here really is a no-brainer.\n\nThe Bitcoin Bridge is a link between the Ripple and Bitcoin networks. The bridge makes it possible to pay any Bitcoin user directly from a Ripple account without ever needing to hold any bitcoin.\n\nAny merchant accepting bitcoin has the potential to accept any currency in the world. If a Ripple user prefers to keep money in USD and not own bitcoins, a merchant however, may desire payment in bitcoin. The Bitcoin Bridge allows any Ripple user to send bitcoins without having to use a central exchange.\n\nHence, Bitcoin after such fluctuations also is a warrior and no other currency can match with its upheaval.In the long run, Bitcoin is going to prove beneficial as per sources. BTC is going to come back to its original shape.\n\nFor better and informed decision making, with self supervision in the cryptocurrency exchange space, go to Coinswitch page.\n\n>[![](https://cdn.steemitimages.com/DQmcnHQLHN75Zt4BvTCKmztJfYN4bKEznQkpoRpxrwn4CoQ/image.png)](https://coinswitch.co/?utm_source=blog_ref_banner)\n<center>.      .      .      .      .</center>\n\n<h2>About CoinSwitch</h2>\n\n<b>CoinSwitch</b> is the [world’s largest cryptocurrency exchange aggregator](https://coinswitch.co/). It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, Bittrex, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at [email protected] if you have any queries.\n\nJoin our [telegram group](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates\n\nHappy Switching :)\n\n<i>This article was originally published</i> [on Coinswitch blog](https://blog.coinswitch.co/ripple-vs-bitcoin-which-is-better-for-long-term-investment-a132c6a7adc)",
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      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📉 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 6488.080$ | _-1.09%_ | _-4.39%_\n**CVC** | Civic | 0.194$ | _-4.61%_ | _-18.79%_\n**ETH** | Ethereum | 497.929$ | _-1.13%_ | _-6.34%_\n**POLY** | Polymath | 0.378$ | _-4.09%_ | _-22.05%_\n**STORJ** | Storj | 0.560$ | _-2.81%_ | _-7.82%_",
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      "body": "![](https://cdn.steemitimages.com/DQmNzf6S1824JEC6nsobrzi16ucNE36Jde5rRk5VHpgjNgg/image.png)\n\nTokens are one of the most useful innovations in the crypto space, transforming the ways how organizations run and equity is conceptualized. While there are many tokens in this sphere, most blockchain companies emphasize on the usage of “Security” and “Utility” tokens-major tokens in the decentralized crowdsourcing space. <b>This discussion has again gone into mainstream of crypto space after the statement from US SEC official that [Bitcoin and Ethereum are not securities.](https://coinswitch.co/coins/ethereum)</b>\n\nLet’s understand what are these and how are they different from each other.\n\n<h2>Security Tokens</h2>\n\nSecurity Tokens are crypto tokens, issued to the investors, wherein they pay dividends, share profits, which should be compliant with the SEC regulations.\n\n><i>The US Securities & Exchange Commission(SEC) defines securities as — “an investment of money in a common enterprise with a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others”.\nNevertheless, a small percentage of the currently available ICO startups boast the resources needed to issue Security Tokens that can comply with SEC’s securities regulations.\nUsually, a litmus test, called the [‘Howey Test’,](https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co.) is employed to judge whether or not the crypto is a Security Token. Here is what a Howey Test is:</i>\n\nThe <i>“Howey Test”</i>, created by the Supreme Court for determines whether certain transactions qualify as “investment contracts.” If so, then under the Securities Act of 1933 and the Securities Exchange Act of 1934, those transactions are considered securities and therefore subject to certain disclosure and registration requirements.\n\n[![](https://cdn.steemitimages.com/DQmcnHQLHN75Zt4BvTCKmztJfYN4bKEznQkpoRpxrwn4CoQ/image.png)](https://coinswitch.co/?utm_source=blog_ref_banner)\n\nAccording to ‘Securities Regulation: Essentials’ — a book by Stephen Jung Choi, Adam C. Pritchard, a security is found to exist when all four of these elements exist:\n\n* Investment of money\n* In a common enterprise\n* With an expectation of profits\n* From the efforts of others.\n\nIn the ICO world Security Tokens often mean selling shares of the company in the form of tokens.\nExamples of some of the SEC regulated Security Tokens are- tZero, Polymath, etc whereas SEC has cracked down on some of the ICOs like Tezos and Centra(CTR Token).\n\n<h2>Utility Tokens</h2>\n\n<b>Utility tokens, also known as app coins or app tokens, provide the users the access to the organization’s products or services.</b> As it is not an investment asset, it has been exempted from having to comply with federal legislation regulating securities.\n\n>As per Token Report, it has been reported that out of 226 ICOs, only 20 are utility tokens. Companies like Civic and Storj are using utility tokens- Civic has created 1 billion utility tokens providing access to the services in a token-based ecosystem.\n\n[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n\nUtility tokens have two more subcategories —\n\nFungible Utility tokens(that are interchangeable for one another at equal value)\n\nNon-Fungible(tokens which are used to determine ownership of digital assets).\n\nAs Shawn Wilkinson, Chief Strategy Officer of Storj explains “The Storj tokens we released allows people to use space on the network. We raised half a million dollars through the token crowd sale”.\nSome of the examples of utility tokens are Ether, Sia, Filecoin, etc.\n\n<h2>Comparisons</h2>\n\nOne of the main reasons companies would want their tokens branded as utility tokens is the trading restrictions present on securities. On the other hand, Security tokens are less risky because of their increased costs.\n\n>Bloomberg’s Matt Levine compares utility tokens to the Starbucks card: “A Starbucks gift card is probably not a security, even though you pay money to a corporation for the card and expect to get back something in the future, because you are not investing the money in the expectation of profit: You’re investing it in the expectation of coffee”.\n\nGoing through the Howey tests and anti-money laundering inspections allows organizations to accredit whitelist investors eliminating most of the risk.\nFrom the other perspective, it boils down to barring individuals below a certain economic threshold from participating in high-risk securities investment.\n\n<b>To sum up, Security Tokens give the investor ownership rights (company’s share, for example), while utility ones give certain accessibility inside the company’s platform.</b> No surprise, that cryptocurrency, that has billions of capitalization, becomes the subject of government’s interest. Involvement of regulation proves that crypto is an equal partner in today’s world and is going to reach greater heights. Despite specific attempts to control crypto sphere, it gives people financial freedom never been witnessed before.\n\n<center>.    .    .    .    .    .    .    . </center>\n\n<h2>About CoinSwitch</h2>\n\n<b>CoinSwitch</b> is the [world’s largest cryptocurrency exchange aggregator.](https://coinswitch.co/) It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, Bittrex, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at [email protected] if you have any queries.\n\nJoin our [telegram group](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates\n\nHappy Switching :)",
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      "author": "coin.info",
      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📈 24h | 📉 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 6527.020$ | _0.88%_ | _-15.3%_\n**ETH** | Ethereum | 487.985$ | _2.7%_ | _-19.92%_\n**POWR** | Power Ledger | 0.253$ | _3.12%_ | _-24.91%_\n**PRO** | Propy | 0.777$ | _-0.96%_ | _-29.08%_\n**XRP** | Ripple | 0.553$ | _3.36%_ | _-18.89%_",
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      "body": "Cryptizens and Netizens… Gear up! This is how cryptocurrencies are going to shape our future.\n\nScroll down to get into your future, built by cryptocurrencies and blockchain.\n\n![](https://cdn.steemitimages.com/DQmXronDysEQb5BGjKmH6ubWgGwVxfb9TfC3SHTkcHNAczx/image.png)\n\nGuess, you’ve heard about at-least 5 of them.\n\nNow we are in 2018, and several industries are gradually incorporating blockchain, digital assets, and cryptocurrencies. **Let’s discuss the top 5 sectors, whose future will be carved by the blockchain technology.**\n\n>A study conducted by Gartner revealed that the incorporation of blockchain brought about over $4 billion in business value-add in the previous year. It is estimated that this value will grow to $21 billion by 2020 and over $3 trillion in 2030.\n\nAs we know, <i>Banking and Insurance Industry,</i> as evident, is adopting at a faster pace as compared to others. So, let’s start with that, latter ones may raise your eyebrows.\n\n<h2>#1 Banking and Financial Services.</h2>\n\nThe issue with today’s banking systems is that individuals are being forced into unfair deals, due to lack in inclusion and fairness. Even there are many people who have no access to the banks, the fundamental need for humankind.\n\nHere’s where cryptocurrency can play a prominent role. We can eliminate exorbitant interest rates and middleman cost, which can save up to almost $20 billion. [Bitcoin has its first mover advantage, with Ripple](https://coinswitch.co/coins/ripple/ripple-to-bitcoin) drawing attention after its recent partnership with Saudi Arabia’s Central Bank.\n\n[![](https://cdn.steemitimages.com/DQmcnHQLHN75Zt4BvTCKmztJfYN4bKEznQkpoRpxrwn4CoQ/image.png)](https://coinswitch.co/?utm_source=blog_ref_banner)\n\nOmiseGo, an [Ethereum](https://coinswitch.co/coins/ethereum) based platform has focused more in the developing world, where many people doesn’t have a bank account. Their objective is to help people transition from fiat to crypto usage.\n\n<h2>#2 Real Estate</h2>\n\nBlockchain can reduce traditional bookkeeping transferring title deeds for real estate transactions. PayPal’s first COO, David Sacks, believes the $7 trillion real estate market that’s currently under professional management through licensed realtors will be tokenized, using cryptocurrencies. Crypto will enable sellers to transfer the title to crowd source large purchases.\n\nMost recent examples are: Merido- a real estate project in New York, which aims at leveraging blockchain smart contracts that can let average people to own property, and Propy- has created decentralized platform, facilitating transactions, allowing cross-border real estate sales.\n\n<h2>#3 Energy Management</h2>\n\nThe energy sector is unbelievably incorporating the blockchain technology, especially in the area of renewable energy integration on blockchain-based energy grids. Companies like Spectral Energy and Power Ledger have raised over $60 million to test the beneficiaries of the blockchain. Conjoule, which has already raised a funding of over $5 million, has a pilot project running in Germany.\n\nApart from renewables, Smart Contracts are also authenticating energy transactions in order to control the grid networks, thereby making it more robust.\n\n![](https://cdn.steemitimages.com/DQmXkobo1gf4mu9HBZTdzFFoMteHzJfwX18b9861MaNcT6Z/image.png)\n\n<h2>#4 Internet of Things (IoT)</h2>\n\nThis list wouldn’t be complete without mentioning digitization — the greatest innovation. Companies like Samsung and IBM are using blockchain technology for a new concept called ADEPT, which will create a decentralized network of IoT devices.\n\n<h2>#5 Healthcare</h2>\n\nThe blockchain technology has made its way to the healthcare industry, wherein the vision is to create a more convenient way to data sharing in health care.\n\nThe healthcare industry is drowning in complexities in billing and medical research, where adoption of blockchain can help in determining collaboration and governance issues.\n\n>MedRec, one prototype using blockchains, is intending to solve wastage of time and money and duplication of procedures, by allowing patients records to be accessed securely by whoever needs it. This pioneer in the field shows the potential for how dramatically things could change in healthcare by deploying blockchains.\n\nBlockchain can even facilitate drug development, by reducing counterfeit drug implications, which currently cost them $200 billion losses, approximately.\n\n[![](https://cdn.steemitimages.com/DQmRZzLjxj2JXFsqT8g8HxkhQ5zsjromNqKGncgbrUiqwD9/image.png)](https://coinswitch.co/referral?utm_source=blog_ref_banner)\n\nBlockchain has the potential to keep the data private and secure while reaping the benefits of connected medical devices.\n\n<h2>About CoinSwitch</h2>\n\n[**CoinSwitch.co**](https://coinswitch.co/) is the world’s largest cryptocurrency exchange aggregator. It provides exchange service of 300+ coins and over 45,000+ pairs from leading exchanges like KuCoin, Bittrex, HitBTC, Cryptopia, ShapeShift, Changelly, and Changer. It provides an easy way for users to trade coins across multiple exchanges based on price and reliability.\n\nPlease do write us at [email protected] if you have any queries.\n\nJoin our [**telegram group**](https://t.me/coinswitch_community) to stay updated on new coin additions and other updates\n\nHappy Switching :)",
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      "author": "coinswitch",
      "body": "You can also check coinswitch.co/airdrop",
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