Ian King Remains Bullish on Bitcoin

In a recent article written for Banyan Hill Publishing, cryptocurrency expert and trader Ian King addresses the current situation with cryptocurrencies. Bitcoin has gone from a peak of close to $20,000 in December 2017 to around $6,000. That’s quite a big drop. Other cryptocurrencies have also gone down a lot just in the past few months. The market cap for cryptocoins is dramatically smaller than it was. Many voices in the mainstream business media are saying, “I told you so.” They include the prominent economist Paul Krugman. He even coined his own term for how delighted he feels watching the price of bitcoin fall: “cryptofreude.” He even makes it personal by calling bitcoin enthuiasts “nasty” as well as crazy.

King points out he just attended Yahoo Finance’s All Markets Summit: Crypto in New York City, and the atmosphere was anything but doom and gloom. In fact, the crowd was standing-room only. One of the industry leaders in attendance was Adam Ludwin, CEO of Chain. His company has already partnered with Visa and Citigroup to design new, more secure databases for money. He believes that in the future all global assets will run on public blockchains.

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Peter Smith, CEO of Blockchain, still believes in the libertarian politics of bitcoin. He says cryptocoins are necessary to because of the increase in centralized economic and political power. His company hosts a web platform for facilitating financial transactions that already done more volume than Pay Pal.

Not all the cryptoexperts at the summit were outsider rebels. JPMorgan has a head of blockchain, Umar Farooq, and he attended the summit as well. He maintains the blockchain will have a radical impact on some businesses. View more on Ian King at Stock Twits for more updates.

Barry Quintenz is Commissioner of the Commodities Futures Trading Commission. He told the summit crowd government officials asked the Securities and Exchange Commission to work with CFTC to develop a regulatory framework for crypto assets. The United States government does not want to block innovation.

Barry Silbert, CEO of Digital Currency Group, also attended the summit. He’s been a cryptocurrency enthusiast for over five years. He announced the formation of a digital large-cap fund to invest in the top crypto assets, on the basis of the size of their market cap. Silbert also said he expected large amounts of money to flow into crypto assets within the next year or two. The media wants you to believe everybody has already bought their bitcoin, but that’s not true.

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Ian King Master of Cryptocurrency Trading

Ian King is an accomplished financial trading expert. He credits his youthful experience as a lifeguard, in providing him with the basis skills as a financial trader. Ian King explains that his experience as a lifeguard, taught him to immediately analyze a situation and take action. This Ian explains is a fundamental skill, necessary to be a trading expert. While attending college, Ian started his career by trading stocks from the dot.com industry. After receiving a bachelor of science degree in psychology; he ventured into the business world by accepting an internship at Merrill Lynch. Utilizing his knowledge of psychology, he continued his career in the financial industry. Ian King spent ten years of his investment career as an equity trader at Peahi Capital. He also worked as at Salomon Brothers and Citi Credit Group in the derivatives trading department. Learn more on crunchbase  about Ian King

Ian is fascinated by digital currency. With over twenty years of trading experience, he decided to create Intellicoins. This corporation helps the average trader navigate the field of cryptocurrency. As the founder of Ingellicoins he updates the on-line content daily; to assist new traders as the venture into the world of cryptocurrency.

The crypto markets keep advancing, some cryptocurrencies increasing by over five hundred percent. It is common for a cryptocurrency to double, triple or quadruple in value. In 2017 the total market in cryptocurrency trading initial value was sixty-billion dollars, by the end 2017 the total market valuation was close to six-hundred billion dollars. With the market exploding in value, this is the best time to start trading cryptocurrencies. Trading in cryptocurrency has expanded from a small think tank, to a global industry over the last ten years. Ian King provides the knowledge and expertise to start trading cryptocurrencies. Currently only financial trading experts venture into the world of cryptocurrency trading. This market will continue to expand, as institutional investors have yet to enter the crypto trading market. Visit BanyanHill about Ian King for more info.

Wall Street is currently expanding into the cryptocurrency trading market. Currently the Chicago Board Options Exchange,(CBOE) and the Chicago Mercantile Exchange,(CME) started trading bitcoin futures in December of 2017. The outlook for crypto trading is a bright,as the market expands it will continue to increase in value. Check:https://plus.google.com/u/0/101885735581062983847

 

Security, The Key Long-term Benefit of Blockchain Tech

The blockchain is slated to solve more problems and benefits industries where they might be vulnerable. Blockchain technology solves the problem of security attacks from hackers. For this reason, the technology has attracted the attention of large corporations such as Lockheed Martin, Walt Disney, and Credit Suisse to name a few.

While there are many profits to be made from cryptocurrencies built on the blockchain, it could be the underlying technology which makes the ultimate profit. The highly technical nature of the blockchain is secure. The security feature is what will likely make the blockchain last for the long term. The blockchain is what makes cryptocurrency possible.

The blockchain may have been previously viewed as something that only millennials and criminals were interested in, but this could not be further from the truth. Mainstream companies that are recognized across the world are now developing ways to utilize the blockchain to fulfill their client’s needs and for their own security needs. There are a number of banks and insurance companies looking to incorporate the blockchain. The U.S. defense department is currently working on defensive and offensive applications of blockchain technology. This government request is asking to spend $700 billion dollars.

The blockchain is just what it sounds like, blocks of data or transactions linked to a chain of other data blocks. Altering data within a block would essentially send off a red flag where all other linked data blocks will need to be altered too in order to match. Data within a block is encrypted via hashing or random numbers and letters. Blocks on the network are cryptographically sealed and each transaction creates more blocks.

The blockchain is definitely worth paying attention to. The applications are widespread and nearly incalculable. This technology can be used to improve the vast majority of industries in a revolutionary way. Businesses that have not considered the importance and implications of the blockchain are now having to face the fact that their clients, prospects, and competition will be employing the technology. More info at Talk Markets

The blockchain is no longer questionable, but very much a part of the here and now of how transactions are conducted and demands are fulfilled. Transactions stand to benefit hugely from the added security of blockchain technology. It would be easy to assume that more corporations will be developing on the blockchain in order to keep pace with modernity. The banks, governments, and corporations of the world will want to conduct their business securely within the most robust and reliable technology available.

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