Category: Cryptocurrency

2019 Best 5 Bitcoin Free Earning Websites Pays Quickly

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Get paid bitcoins quickly I have included best bitcoin earnings websites which pays you quickly there are many websites the fast and legit way to earn bitcoin is a bitcoin mining Cf they pay you bitcoins in one hour investment starting 0.10 you will love this system

1 Satoshilab

SatoshiLabs (not to be confused with the company SatoshiLabs that made the TREZOR A bitcoin wallet that uses a physical piece of hardware in order to operate and keep it more secure. Examples of hardware wallets are TREZOR, LedgerWallet and Keepkey. A hardware wallet is usually more secure since it’s considered to be a form of cold storage.Hardware wallet is a faucet that allows you to claim 5-15 Satoshis every 5 minutes. Minimum withdrawal is 5K Satoshi. The site also offers a bunch of options to increase your claim amount.

2 Bitfun

BitFun is a website that allows you to claim Bitcoin through playing games, viewing offers or rolling dice. There is a variety of options and for each one the claiming time and payout is different. The site is connected to CoinPot and withdrawal can be made once you’ve reached a minimum of 10K Satoshis.

3 FreeBitcoin

FreeBitcoin was established in mid 2018. It allows users to draw a random number in order to win a certain amount of Satoshis. You can roll a number once every 60 minutes and the prizes range between $0.0003 to $300 Withdrawals can be done once you reach $1 worth of Bitcoin and they are sent directly to your Bitcoin wallet.

4 ICO Aidrops

While it may not be free Bitcoin that is on offer, airdrops are a great way of claiming free cryptocurrency. Most commonly offered by initial coin offerings, airdrops serve to increase awareness about a project. In return for completing simple tasks such as posting on social media and forums, free coins are offered to participating users. Airdrops share some traits with ICO bounties, but their scope is wider.

5 Invest in Bitcoin

Over the years, Bitcoin has developed as a method of investment as is likely considered as an important asset. It involves buying and storing Bitcoins until you see a steady increase in market value enough to turn in a profit. As we know, Bitcoin has a high level of volatility and hence Bitcoin has introduced certain advantages for people choosing to invest. However, a major drawback of this method is the lack of reliability in most exchanges. Although certain better run exchanges are coming up such as Coinbase, which has become trustworthy and sought after option amongst most investors. Another well-known way of investing is to trade it as CFD or contract for difference. CFDs don’t involve purchasing an asset but is based on the price of the asset involved where traders open an investment option with CFD brokers. If used correctly, CFDs are highly profitable because the gains and losses incurred are much higher than other options owing to the high leverage rates.

Follow This 3 Currencies Price Predictions For Bitcoin Ethereum And Ripple

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The European trading week kicks off with good news for crypto asset holders. After months of seeing the value of their investment fall, with prices locked into bearish structures, the situation has changed.

In the last few hours, important resistances have been overcome and cryptos consolidated current levels. The market will enter an entirely new phase now.

I don’t mean that we have already entered a fully bullish phase. After so many months of falls, things are not going to be that simple, but we are entering a period where prices lose their full bearish tone.

The movement is being led by Ethereum, as I mentioned in previous articles, and the bullish signal has been given by the ETH/BTC pair when exceeding the price level of 0.03438 ETH/BTC.

he charts in the daily range confirm the breaks, in the absence of confirmation at today’s close and the pullback of the next few hours. Those indicated in the same term show a long-term bullish development profile, especially in the DMI. According to the development patterns of this indicator, the bulls accelerate and initiate an upward trajectory that will drag the ADX and reinforce the movement. On the other hand, the bears withdraw quickly and are about to visit levels not seen since December 2017.

BTC USD PAIR

The BTC/USD pair is currently trading at the $3,706 price level. Early in the Asian session, it broke the trend line towards the downward channel ceiling from late November and a bit later also exceeded the congestion resistance of the price at $3,690.

Above the current price, the first target price is at $3,900 (price congestion resistance), the second at $4,050 (price congestion resistance) and the third at $4,200 (price congestion resistance). I want to point out that the moving averages on the 4-hour chart all move below the price and thanks to today’s rise with prominent bullish profiles.

As I mentioned in the introduction, the new scenario is not going to be a bullish walk but the fight between bears and bulls is going to be active, and volatility is going to increase. That’s why I expect a possible violent downward movement at any time. These movements will not consolidate.

Below the current price, the first support level is at $3,690 (price congestion support), the second at $3,640 (down channel roof) and the third at $3,600 (price congestion support). Moving averages to watch are $3,580 (EMA50), $3,525 (EMA200) and $3,526 (SMA100).

The MACD on the 4-hour chart goes bullish from an utterly flat situation. This type of movement usually starts with doubts since it is effortless to turn it over, but if it consolidates, it becomes a compelling bullish signal.

The DMI on the 4-hour chart shows a fully bullish profile. Bulls follow a classic pattern, leaning on the ADX as both indicators move higher. A negative point in the high level has been reached by the buyer side, something that can trigger a technical pullback. Bears, on the other hand, fall to minimum levels not seen in months.

ETH/USD 240 Minute Chart

ETH/USD is currently trading at the price level of $138.77, after hitting the relative high at the price level of $140.

The first bullish target is at $142.50 (price congestion resistance), the second at $150.20 (price congestion resistance) and the third awaits at $161.50 (price congestion resistance).

Below the current price, and in anticipation of possible pullbacks, the first support level is at the $130.80 price level. The second support level is at $123.55 (EMA50). The third support level is solid, at $115 (SMA100, SMA200 and price congestion support).

The MACD on the 4-hour chart shows a bullish profile without concessions. It does not have the limitations seen in the BTC/USD pair, although it can provoke some technical pullback due to its extreme position concerning what we have seen in the last months.

The DMI shows a similar profile to the one seen in the BTC/USD although the pattern concerning the ADX is the opposite. The bulls are following the ADX from below without overcoming it, a less powerful structure than the previous one. The bears replicate what was seen in Bitcoin and fall to low levels not seen in months.

XRP/USD 240 Minute Chart

The XRP/USD is currently trading at the $0.312 price level. The level reached will not attract anyone’s attention, but they should pay attention to the breakage of all moving averages. Now the price has removed those obstacles and turned them into supports.

The XRP/USD has a first bullish target at $0.317 (price congestion resistance), the second bullish target at $0.329 (price congestion resistance) and the third at $0.335 (price congestion resistance). Above this level, the XRP/USD can fly higher.

Below the current price, the XRP presents less risk of technical pullbacks, mainly because it has moved little to the upside. The first support level is $0.308 (SMA200 and price congestion support). The second support level is $0.303 (SMA100 and EMA50) while the third support level is $0.29 (price congestion support).

The MACD on the 4-hour chart shows a bullish momentum but weak. It is a fragile figure at the moment although being in the initial stages, in case of a downward turn it would not be very aggressive.

The DMI on the 4-hour chart shows all the aggressiveness that the MACD does not show. Bulls shoot upwards without complexes, getting a massive advantage over bears. These, on the other hand, are going to lows and by the looks of it, for an extended period.

Litecoin Price Prediction [Update]: LTC Leading the Last Market Rally Is Good News — Here’s Why

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Litecoin was the leader in last week’s market rally; this is good news in general as it shows shift towards the importance of currency.

Last week was a fantastic week for Litecoin, once seen as the silver to Bitcoin’s gold, as it rallied 30 percent in a surge that helped many other top coins also pick up some solid gains. The growth for Litecoin could be attributed to the foundation’s partnership with software development firm Beam to explore a new protocol called “Mimblewimble” that will improve privacy and scalability.

But what is more important to note is that this boost for the cryptocurrency that is aimed at being a quick and easy functional cryptocurrency is that there is a lot of excitement surrounding these kinds of improvements.

Bitcoin has so often been the leader in terms of market fluctuations, but when another coin takes the lead in big boosts, it makes sense to dig a little deeper. For Litecoin, the possibility of a better performing digital currency seems to be boosting excitement in the market, much more than the investability, and the ‘digital gold’ status that Bitcoin has had for so long.

Litecoin’s rally

Litecoin had been languishing for a while, slipping down the stakes in the market caps, as well as falling out of favour in the media and news. However, Litecoin jumped to the fourth position by market capitalization following the spike on Feb. 8.

The coin opened at a price of $44.76 the very next day. LTC reached a low of $42.40 before reaching a high of $47.09 and finally closing at a value of $46.83.

Litecoin’s rapid rise saw it overtake first Bitcoin Cash, an offshoot of the original Bitcoin, and then EOS, an Ethereum rival, moving into fourth place on the list.

“We have started exploration towards adding privacy and fungibility to Litecoin by allowing on-chain conversion of regular LTC into a Mimblewimble variant of LTC and vice versa,” Beam wrote in a Medium post. “Upon such conversion, it will be possible to transact with Mimblewimble LTC in complete confidentiality.”

Making cryptocurrency important again

It may seem like a small thing, but the fact that Litecoin has made a big leap in its growth and signed a rather important partnership shows that there is a lot of interest in a workable cryptocurrency coming forward.

Many enjoyed the run Bitcoin had in gaining value as they dove into investing and hoarding the coin as a digital gold. But now, with Litecoin being much more spendable and gaining value, perhaps the perception is changing to people wanting to spend digital currencies, and thus make the market far more liquid and healthy.

All of the World’s Money and Markets Capitalisation

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All of the World’s Money and Markets Capitalisation

This infographic is the updated version of our best-known piece from The Money Project, an ongoing collaboration with Texas Precious Metals. It was first published in late 2015.

Millions, billions, and trillions…

When we talk about the giant size of Apple, the fortune of Warren Buffett, or the massive amount of global debt accumulated – all of these things sound large, but they are actually extremely different in magnitude.

That’s why visualizing things spatially can give us a better perspective on money and markets.

HOW MUCH MONEY EXISTS?

This infographic was initially created to show how much money exists in its different forms. For example, to highlight how much physical cash there is in comparison to broader measures of money which include saving and checking account deposits.

Interestingly, what is considered “money” depends on who you are asking.

Are the abstractions created by Central Banks really money? What about gold, bitcoins, or other hard assets?

A NEW MEANING

However, since we first released this infographic in 2015, “All the World’s Money and Markets” has taken on a different meaning to us and many others. It’s a way of simplifying a complex universe of currencies, assets, and other financial instruments in a way that people can understand.

Numbers represented in the data visualization range from the size of the above-ground silver market ($17 billion) to the notional value of all derivatives ($1.2 quadrillion as a high-end estimate). In between those two extremes, we’ve added many other familiar measures, such as the GDP of California, the value of equities, the real estate market, along with different money supply metrics to give perspective.

The end result? A visually pleasing, but enlightening new way to understand the vast universe of global assets.

Source: https://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

How the US Government Shutdown effecting Bitcoin

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The longest government shutdown in U.S. history is hurting the crypto industry, too.
As the impasse in Washington stretches into its record-breaking fourth week, the closure of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has put key developments – namely, the approval and launch of products and services involving cryptocurrencies – on hold.

Notably, the launch of Bakkt’s bitcoin futures market was delayed in part by the company’s inability to secure approvals before Dec. 22, 2018, when the shutdown began. The platform, created by Intercontinental Exchange (parent of the New York Stock Exchange), is in a holding pattern until regulators can open a 30-day public comment period. A new launch date for the platform, which most recently was set for Jan. 24, has yet to be announced.

When ETF?

Exchanges aside, even certain products are now potentially at risk.

Perhaps one of the most highly anticipated bitcoin-related products is an exchange-traded fund, or ETF. The SEC currently has one rule change proposal sitting before it, filed by VanEck, SolidX and Cboe.

The proposal has already been delayed a number of times, and now faces a final deadline of Feb. 27. If the SEC does nothing, under existing law, the proposal would be approved. Specifically, Title 15 of the U.S. Code states that any proposed rule changes “shall be deemed to have been approved by the [SEC] if … the [SEC] does not issue an order approving or disapproving the proposed rule change.”

However, some legal experts say an approval-by-default is unlikely to happen, even if the shutdown drags on.

Ethan Silver, chair of the broker-dealer practice at law firm Lowenstein Sandler, anticipates that, should the shutdown continue, any staffers who remain on duty would reject the application.

“I think if they were forced to deal with it, they would sooner deny it than be put in a position [where it is approved on a technicality],” he said, explaining that the regulator would likely cite “market integrity” or a similar emergency contingency as a reason for the denial.

Similarly, Jake Chervinsky, a lawyer with Kobre & Kim, said on Twitter that the SEC would likely find some way to reject the proposal during a protracted shutdown, a view also shared by attorney David Silver of the Silver Miller law firm.

The commission has yet to approve any crypto ETFs, rejecting nearly a dozen in 2018. That has not yet deterred companies from trying to be the first to bring such a fund to market, however. Just last week, Bitwise Asset Management announced its intention to launch a bitcoin ETF with NYSE Arca.

While the company has filed an initial registration form, NYSE Arca has not yet submitted the rule change proposal, and so the SEC cannot yet consider the ETF.

Please advise

Beyond launches, the crypto space – at least in the U.S. – is still waiting for increased clarity and official guidance on how to safely handle digital assets.

Vince Molinari, co-founder of the regulated trading platform Templum, told CoinDesk that initiatives the SEC may have planned, such as guidance on custody, are likely to be delayed.

“I think the entire space gets pushed back,” he said. “It could be a quarter or two before things go back, it could be longer depending on how long the shutdown’s in effect.”

Compounding the issue, he noted, is that even after the shutdown ends, staffers have to catch up on anything they missed during the furlough.

“There’s talk about the [initial public offering] calendar being pushed back,” he said.

Mining manufacturer Canaan is at least one crypto firm reportedly considering a U.S. IPO. While the company is said to be in the early stages of this decision, Molinari believes an extended shutdown could postpone IPO approvals “indefinitely.”

The issues mirror those faced by the financial technology sector in the U.S. more broadly, as noted in an analysis piece published by Roll Call, a news site focused on the U.S. federal government.

Roll Call noted that the CFTC, which has requested information on ether and the ethereum network, is unable to review any comments already submitted. In its request for information, the CFTC noted that any submissions would “advance [its] mission of ensuring the integrity of the derivatives markets,” which may indicate the regulator is assessing a potential ether futures market.

How can I invest In Bitcoin in 2019

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Do you want to know how to invest a few hundred pounds in bitcoin. It’s not hard to buy bitcoins, but whether they are an investment or a gamble is another matter

How can I invest in bitcoin? I’d like to invest a few hundred pounds.

There are at least three ways, though only one of them looks rational today. First, you could mine your own bitcoins. Second, you could buy some from an exchange. Third, you could buy shares in a fund that has invested in bitcoins.

Please note that answering your question is not a recommendation, and I am not qualified to give advice on investments. However, as electronic payments expert Dave Birch put it to me on Twitter: “one doesn’t invest in bitcoin, one gambles on bitcoin”.

The problem is that people can make money by buying things that are essentially worthless, such as used postage stamps, Beanie Babies, and (historically) tulip bulbs. Tulipmania operated on the “bigger fool” theory, also known among stock traders as “momentum investing”. For example, tulip bulb prices may be insane but they keep going up. I may be a fool to buy them, but I expect a bigger fool to buy them from me. Simply replace “buy low, sell high” with “buy high, sell higher”. This works until you run out of fools.

However, you can buy things that don’t depend on bigger fools appearing, such as land and gold. Their prices may vary dramatically, but over the long term, they retain real value. When tulip bulb prices were tumbling, everyone wanted to sell. When gold prices tumble, people with money look forward to an “investment opportunity”.

Does Bitcoin have value?

Bitcoin is a digital currency. If you want to buy a camera for £250, then you need a way to transfer £250 to the seller. In theory, it doesn’t matter if you pay cash, write a cheque, email the money via PayPal or use bitcoin. In reality, you have to balance a range of factors including convenience, security and transaction costs. I’d use a credit card, if possible, because bitcoin payments are not reversible and offer no consumer protection.

But if you are investing, does bitcoin have an intrinsic value, like gold? To me, bitcoins look more like tulip bulbs.

The price of a bitcoin may increase because, for example, it is attractive to technology enthusiasts, and because we are all reading stories about how people made – or failed to make – fortunes. But, like tulip bulbs, bitcoins could be worthless when the bubble bursts.

As Henry Blodget told CNBC: “Look, this is a perfect asset for a speculative bubble. There is a finite supply. There is no intrinsic value. If anybody is persuading you that it should somehow be related to some GDP or gold … put down the Kool-Aid and back away.”

You could argue that banknotes don’t have any intrinsic value either. However, banknotes are backed by governments that have a strong interest in keeping their value relatively stable. Governments don’t (yet) care what happens to bitcoins.

Mining for money

Bitcoins are “mined” by people solving problems with computers. In the beginning, the best way to make money from bitcoins was to mine them with a home PC. However, bitcoin mining becomes more difficult the more miners there are. Today, you need specialised hardware, and you need to join a “mining pool” where large numbers of miners work together and share the results. Coins are not pure profit because of the cost of the hardware and the electricity consumed when mining. Also, you don’t know what bitcoins will be worth when you start mining them.

However, there must be dozens of digital currencies besides bitcoin, and the CoinChoose website lists a Top 20. Well known alternatives include Ethereum, Litecoin, Dogecoin and Bytecoin. You might find one that is still worth mining, or that might represent a better gamble than bitcoin. CryptoCompare is another useful website.

Ethereum is interesting because it’s backed by an alliance that includes JP Morgan, Microsoft, Intel, Banco Santander, Credit Suisse Group, UBS and BP. It’s designed to perform transactions very much faster than bitcoin, and its hashing system is decentralised by design. It favours individuals, not mining pools.

Buying bitcoins

You can buy bitcoins from a bitcoin exchange or online broker, directly from another individual, or from an ATM. Coin ATM Radar lists about 50 bitcoin ATMs in London, many of them in convenience stores. As when buying foreign currencies, there’s a fee, which can range from 3.1% to 17.6%. The website covers 56 countries and you can search for an ATM near you.

A bitcoin ATM usually takes cash from your bank card, though some only accept banknotes. It sends your digital currency (bitcoin, litecoin etc) to your wallet, which could be a smartphone app, or to your email address. Some ATMs can print “paper wallets” that you can scan later.

If you buy a digital currency from an exchange, it may well offer you an online wallet, but your money is at risk unless you have the keys. When the Mt Gox bitcoin exchange was hacked, around 850,000 bitcoins went missing. It was a $450m loss at the time, but at today’s exchange rate, it would be $2bn.

Wallets

There are dozens of different wallets for different purposes, with “hot” wallets on smartphones and “cold storage” wallets held offline on paper, on hardware devices (cards, thumbdrives etc) or on separate PCs. These are equivalent to your spending money and your savings account respectively.

You will need to research wallets. However, We Use Coins has a decent guide, and it recommends BitPay’s Copay to beginners. It’s easy to use and it runs on iOS, Android, Windows and Windows Phone, MacOS and Linux. It can also handle shared accounts.

I used my Android phone to search for “bitcoin wallet” on Google Play, and gave up when it produced around 200 results. Copay was near the top. It only took two minutes to create a wallet, and it prompted me to make a backup: “Watch out! If this device is replaced or this app is deleted, neither you nor BitPay can recover your funds without a backup.”

It also warned me that “Anyone with your backup phrase can access or spend your bitcoin”. I dutifully wrote it down.

Once the wallet is set up, you can use the app to buy bitcoins from Coinbase in 33 countries, and from Glidera in the USA. It can take several days to buy or sell bitcoins via Coinbase.

Alternative strategies

Some investors – presumably ones who do not have teenage children – think bitcoin is “for the tech-savvy, difficult to buy and perhaps even harder to store safely”. This has given rise to funds that buy bitcoins or related assets such as mining companies. Last month, The Motley Fool described one ETF as The Worst Way to Buy Bitcoin. At the time, the story said, shares in the Bitcoin Investment Trust cost about twice as much as the bitcoins it owned, but typically they “have traded at an average premium of 39% to underlying value of the bitcoin”.

You could buy dollar bills for $1 each, so why would anyone pay $1.39 to invest in a $1 bill … which is actually worth less than $1, because of the 2% annual management fee? Answer: “the laws of supply and demand”.

Other American investors were conned by a Ponzi scheme that offered shares in bitcoin mining machinery.

Stories like that could be signs of a bubble market, but if so, when and how it will end is impossible to say.

10 Bitcoin-Friendly Countries That Legalized Cryptocurrency

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Bitcoin’s growing acceptance has created a list of countries that are proving to be early adopters of new technology.

The Blockchain is a massive leap in technology that has left regulators playing catch-up. Much like other technological advancements here, most lawmakers are far behind in terms of defining the legal structure around which Blockchain-enabled solutions can work.

Let us first spend a little time defining the problem lawmakers face.

The lawmakers’ dilemma

Traditionally money is issued by the central bank and it has a strong backing in terms of gold/foreign exchange which keeps its value. The advent of Blockchain technology has made it possible for people to get access to currencies which are not issued by the central bank.

The robust and decentralized nature cryptocurrencies also make it difficult to link it’s to an owner as required by regulators. In simple terms, it is difficult to identify criminal transactions.

This is giving lawmakers sleepless nights. While some simply block any use of cryptocurrencies by legislating against it, others noticed the value in Blockchain technology and are supporting it with the proper legal framework.

What is the need for having a cryptocurrency?

In simple terms Bitcoin’s decentralized network allows users to transact directly, peer to peer, without a middleman to manage the exchange of funds. This makes it a very affordable way of transacting as against the legacy banking network.

Bitcoin increases system efficiency and enables the provision of financial services at a drastically lower cost, giving users more power and freedom making it safer, simpler and more robust.

The Bitcoin network is also a system where data is owned users and not by a company or government putting a lot of control in the hands of the users and taking it away from companies. This is important as more and more cases of data misuse are getting highlighted on a regular basis.

We will focus on which countries accept Bitcoins as a legal mode of transaction in this blog post.

Bitcoin popularity by countries

A cryptocurrency is just one of the ways of transacting in a marketplace. The acceptance of such a system is dependent on many factors including Internet access and societies recognition of digital payment modes against physical currency.

Many countries have shown willingness to accept the innovative technology that Bitcoin brings with it. There is no standard way of ranking the acceptance of cryptocurrencies, we only highlight the nations (in random order) that allow its use in regular financial transactions and where people have started using it regularly.

The leading countries that have had a pro-Bitcoin structure are:

– United States of America

– Canada

– Australia

– Select countries of the European Union

A few countries like Belarus have taken the lead in identifying Blockchain technology as a driving force for future innovations and have enacted a law enabling set-up of cryptocurrency-hubs. According to an official press statement,

“Alexander Lukashenko, the President of Belarus, has signed a Decree on the development of the Blockchain-based digital economy, which also implies the official development of cryptocurrency payment acceptance, mining and trading”.

Moreover, tax privileges will be introduced for transactions with cryptocurrencies.

Taking a deeper look, we can list the following 10 countries as the most Bitcoin-friendly countries as of today:

1. Estonia

2. The US

3. Denmark

4. Sweden

5. South Korea

6. The Netherlands

7. Finland

8. Canada

9. The UK

10. Australia

All of these countries now have Bitcoin ATMs and even regular businesses in these countries have started accepting Bitcoins as a mode of payment for goods and services. The legal framework is supportive of the new developments and some countries even provide tax breaks for people using cryptocurrencies.

The push for Bitcoin is also supported by government efforts involving reduction of physical cash-based economies.

Many countries are trying to become 100 percent cashless societies. Select countries in the EU have given Bitcoin a value-added tax-exempt status by classifying it as a financial service. This is speeding up the adoption of such robust and decentralized payment methods in these pioneering countries.

Many countries like Denmark, Sweden and the US allow Bitcoin to be used on exchanges and even on the derivatives market. This is leading to cryptocurrencies being more widely accepted in financial institutions and by the public.

Countries leading the Bitcoin revolution
The United Nations Sustainable Development Solutions Network publishes an annual report called the “World Happiness Report.”

The report ranks 156 countries across six factors including GDP, life expectancy, social support, generosity, freedom, and corruption. We believe that sustained reduction in factors like corruption can lead to growth in happiness the world over.

Now, what is the link between happiness or corruption and Bitcoin? The traditional systems in the world gave power in the hands of a few centralized. This is also a source of corruption and in turn unhappiness.

Technological advances like Blockchain are making the world decentralized giving people control over their data and thus giving more freedom to the masses. In our humble opinion technological breakthroughs like the Blockchain have the potential for reduced centralized control and cost of doing things making more stuff available and affordable to people and thus grow happiness in the world.

It is not surprising then that the UN report on happiness and the top 10 countries adopting Bitcoin have a lot in common. Actually, as many as six countries feature on both the list. These countries are:

– Finland

– Denmark

– The Netherlands

– Canada

– Sweden

– Australia

These countries are defining adoption of technology, they are giving greater control and freedom to their citizens and are mostly corruption free. Thus, the high happiness factor.

The world is still waking up to the possibilities of the Blockchain, regulations have a lot of catching up to do and we are quite sure that technology will continue to move much faster than regulation.

Although Bitcoin is now almost a decade old, countries still do not have explicit systems that restrict, regulate, or ban the cryptocurrency. Most countries are still analyzing ways to properly regulate cryptocurrencies.

Overall, Bitcoin remains in a grey area as laws are still not there. To top this all off, there is a lot of noise around the value of the currency which is generating speculation and negative interference from regulatory agencies.

We believe this to be a passing phase, as more and more people understand the strengths of Blockchain more countries will come forward and accept cryptocurrencies as a legal and required mode of transactions in their marketplace.