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[blockchainbullion-blog]

What You Need To Know About Upcoming ICO Trading And Why It So Popular Right Now

The hype around the term ‘ICOs’ (Initial Coin Offering’s) has been more than present over the past couple of years. This has led to many successful projects being implemented, millions of dollars raised via crowdfunding pages, and a massive potential provided for new startups and companies who are participating in this new model.

Additionally, for the investor, upcoming ICO trading can often provide the opportunity to gain large long-term returns on your original investment. When investing in upcoming ICO’s, it is so important that you have completed your own thorough investigative research, rather than simply following the crowds online. Cryptocurrencies are high risk – high reward, and ICOs are no different. Therefore, it is important for you to learn and understand the concept of ICO’s, which we will discuss in further detail in this article.

What Is An Initial Coin Offering (ICO)?

The term ICO stands for Initial Coin Offerings. It can also sometimes be referred to as initial public coin offerings (IPCO).

To put it simply, the term basically describes when a company offers investors a number of units of a new cryptocurrency or a crypto-token in exchange for a stake in their business.

Before the huge interest in cryptocurrency from the wider public in late 2017, one of the key pain points for tech startups was raising money to support their projects. When the cryptocurrency boom took place, many startups noticed the opportunity where they could raise an immense amount of funds to be able to support their visions and project ideas in the crypto and blockchain space.  ICO’s are now regularly and successfully used to fund the development of a crypto project simply by releasing tokens to investors.

The success of projects such as Ethereum, whose ICO was successfully used to raise a vast amount of money ($18 million USD in Bitcoins in fact), and quickly, for funding their smart contract platform, has influenced more startups to adopt the ICO model. The value of one Ether token was at $0.40 USD in 2014, the project went live in 2015 and in 2016 had an ether value that went up as high as $14 with a market capitalization of over $1 billion.

One of the key benefits for project founders, is that ICO’s allow for startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. For this reason, ICOs are one of the most popular methods used to raise money nowadays, especially after many startups can clearly see the benefits of adopting an ICO as a model – and a tool that can easily revolutionize currency as well as the entire financial system.

To explain the process for when a cryptocurrency startup firm wants to raise money using an ICO, I have outlined the main steps below:

1) Pre-Campaign White-paper:

Before an ICO, a white-paper is released by the startup which informs potential investors with:

A description of the project

The purpose of the project and what need(s) will be fulfilled upon completion

The quantity of money needed to be raised

The amount of virtual tokens that the pioneers of the project will keep for themselves (their stake of the business)

The length of time that the ICO campaign will run for

2) ICO Campaign

During the ICO campaign, enthusiasts and supporters of the firm’s initiative buy some of the distributed crypto coins with fiat or virtual currency.

These coins are referred to as tokens and are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction.

3) Campaign End

After the campaign, there are two possible scenarios:

Scenario 1: The money raised does not meet the minimum funds required by the firm.

In this scenario, the funds raised are returned to the backers and the ICO is deemed to be unsuccessful.

Scenario 2: The money raised DOES meet the minimum fund requirements of the firm.

On the other hand, in this scenario, the money raised is then used to either initiate an launch the new project or to complete it.

As you can see, cryptocurrency startups have shifted the traditional Initial Public Offering (IPO) model with a completely new one that issues their own tokens for the operation of their business.

However, it is important to understand that the tokens issued do not represent equity. Instead, they are more like paid API keys which allow their holders to increase the value of their API keys as the project launches and acquires more users progressively with its demand. A token launch differs from an equity sale, mostly because the latter is regulated by the 1934 Act, and the former is still under regulation.

How To Take Part In Upcoming ICO Trading

If this novel fundraising mechanism seems amazing to you, the best news is that you can take part in it. In fact, you can participate in any ICO that you deem worthy.

There are three main steps to get involved in an upcoming ICO:

1) Obtain Ether – You will need some cryptocurrency in order to participate in an ICO or a crowdsale. This is because these mechanisms don’t usually accept USD or other fiat currencies. Because of that, you should purchase Ether from the Ethereum network – or Bitcoin as one of the most widely accepted cryptocurrencies. The safest way to obtain them is from a secure exchange like Coinbase.

Use the following step-by-step guide: How To Buy Bitcoin

2) Move Your Ether To A User-Controlled Wallet – The best way to store your cryptocurrencies (which you will use for crowdfunding an ICO) is to move them to a wallet. If you send your Ether, for example, from your Coinbase account to an ICO address – you will only make Coinbase richer. Instead, make sure to move your crypto in a user-controlled wallet like My Ether Wallet which you can use to make payments at the right time.

Use the following step-by-step guide: How To Store Offline

3) Take Part In The ICO – The final step is to send your cryptocurrency from your wallet to an ICO address in order to receive your new tokens. Here, you should make sure that you have the correct wallet address from the company to send your investment to. You must check the company’s official website for this information.

Upcoming ICO trading is becoming very popular because there are huge gains to be made if the startup project delivers on its white-paper promises. Early investors in the operation are usually motivated to buy the latest low-cost cryptocurrency tokens in the hope that the project becomes successful after it launches. If all goes to plan, the value of the coins or tokens that investors originally bought will then grow in value as more investors take their stake in the project, and the popularity of the project increases.

The Dangers Behind ICOs (And The Potential Scams)

Still, there are many risks of investing in ICOs, mostly because of the potential scams and projects whose aim is to only take money. The growth in popularity of ICO’s for both startups and investors, has created an influx of scams and inexperienced tech startupswanting their piece of the pie too. Some of the biggest concerns around the dangers of ICOs include crowdfunding for purposes such as money laundering, fraud, terrorist financing and more. Because ICOs are barely regulated, you need to be way more careful than you’d be when investing in an IPO. To ensure you do your own thorough research, make sure you cover at least the following:

Definitely read and understand the white paper

Research and understand who the key players are behind the project, as well as what their incentives are, and make sure they have a history in cryptocurrency,

When it comes to the legality of ICO’s, it is still very much a grey area. The SEC classified tokens from ICOs as securities in December of 2017. The SEC’s recent decision helps to clear up some of the grey area: in certain cases, the token is simply a utility token, meaning it gives the owner access to a specific protocol or network; thus it may not be classified as a financial security. On the other hand, the token can be classed an equity token, meaning that it’s only purpose is to appreciate in value. In this case, it seems more like a security.

In many countries, there is a proper regulatory crackdown that is looming. One of these is Bermuda – with the well-known Digital Asset Business Act 2018.

Digital Asset Business Act 2018 (DABA): The Next Step In Bermuda’s Fintech Sector

The Government of Bermuda has recently tabled all of the companies and LLCs (in the form of ICOs) to introduce a statutory framework for the offering of digital assets by Bermuda companies. The ICO Act provides that all of the Initial Coin Offering (ICO) assets will be treated as a Restricted Business Activity – which is certainly one of the most significant regulations of businesses like this to date.

More importantly, digital asset offerings will be conducted in accordance with all the requirements of published regulation. They will fall under all the relevant supervision and compliance requirements – all part of the initiative to provide regulatory certainty and a reliable legal framework for creating an environment moved by blockchain, cryptocurrencies and other digital assets.

Bermuda’s fintech development and implementation of a globally recognized standard is best seen through the Digital Asset Business Act 2018 under which there are many steps for regulating the fintech sector in the country. Currently, DABA has been approved by both the House of Assembly and the Senate – and it only needs a Royal Assent and a notice by the Minister of Finance.

This way, DABA as a document will regulate digital asset business carried on in or from within the country. In other words, this “Digital Asset Business” will refer to:

Issuing, selling or redeeming virtual coins, tokens or any other form of digital asset;

Operating as a payment service provider business utilising digital assets which includes the provision of services for the transfer of funds;

Operating an electronic exchange;

Providing custodial wallet services;

Operating as a digital asset services vendor.

From all this, an exchange is defined as an entity that means to assume control of digital assets from and on behalf of a client. As such, it can sell, trade or convert (a) digital assets for fiat currency, bank credit or other digital assets or (b) fiat currency or bank credit for one or more forms of digital assets.

A Word From The Blockchain Influencers In Bermuda

In order to clearly preview what the DABA 2018 means to Bermuda as a country, one media outlet named Royal Gazette spoke to Stan Stalnaker who is the founder of the Bermudian-based Hub Culture startup which created the world’s first digital currency, Ven.

According to Mr. Stalnaker, new regulations and legislation in Bermuda is upping the standards for everyone working in the digital asset and FinTech sector. Stan told the journalists:

“The industry for blockchain is going to be a trillion-dollar industry, and Bermuda is positioning itself to be a leader in that front. My hope would be that Bermuda has a role similar to the way it controls the reinsurance industry, but in blockchain,”

What’s more, Mr. Stanlaker believes that the blockchain sector will become much larger than the reinsurance industry – and Bermuda will not be able to get “all of it.” However, as Stalnaker says, it will “hopefully end up with a healthy stake”.

Further Legislation To Be Introduced

The ambitious agenda carried out by the Government of Bermuda is not stopping here. It was announced that further legislation would be also introduced over the course of the coming months. On that agenda, we can now easily see the new Virtual Currency Business Act 2018 which is tabled in the country – as well as a digital identification platform (e-ID) which will come in July 2018, followed by an official Virtual Currency Exchange that is targeted for September 2018.

The entire Virtual Currency Business Act along with all of the published regulations and the code of conduct has now been published in a draft form and is available for download on this link.

A Final Word

In the end, more and more countries are moving forward to regulating ICOs and cryptocurrencies and therefore developing a new business infrastructure through crowd-sale. Even though there are still some risks at present, the authorities are doing their best to regulate them and bring us the safer, hyper-connected environment we deserve.

Remember to do your own research when investigating ICO’s to take part in.

www.blockchainbullion.io 

[blockchainbullion-blog]

Arbitrade - What we know so far..

Arbitrade has been working towards something very unique and far greater than what most other startups have done in the cryptocurrency space thus far.

Arbitrade Are Providing:

A family of tokens backed by precious metals including Gold, Silver, Platinum and Palladium

Collaborating a qualified and experienced board of executive directors

Launching a decentralized exchange for trading not only it’s native backed tokens but other high valued cryptocurrencies

An Investment bank level cryptocurrency arbitrage trading platform

Arbipay – Arbitrade’s very own proprietary payment gateway for business and individuals

Arbicard – a crypto card allowing for major cryptocurrency prepaid debit card transactions

Cryptosync gift cards – the worlds only cryptocurrency gift card redemption program

Dynocrypt – for encrypted data transfer and storage. A decentralized way to transfer protected information through the internet and stored on Arbitrade’s Blockchain for future reference

Dynocrypt for KYC – a decentralized way to share confirmed ‘know your customer’ details through Arbitrade’s blockchain protocol

Fully operational Mining facilities with scope for 65,000 units. View video footage of one of the facilities.

Domicile Head Quarters in Bermuda resulting in full compliance with local & International legislation.

Very first, fully legal, ICO. Arbitrades license expected to be passed during summer of 2018, check Timeline

We will now take a closer look at each of these, to give you a better understanding of how they will revolutionise your future.

1. Creating A Family Of Tokens Backed By Precious Metals Such As Gold, Silver, Platinum And Palladium

Refer to the Cryptobontix Inc. page to learn more about the family of tokens.

Please note: Arbitrade has acquired Cryptobontix and although both have different but complimentary business models, it is a symbiotic relationship benefiting both parties to bring you this technology.

2. Collaborating A Qualified And Experienced Board Of Executive Directors

The Arbitrade board members make all the decisions of the company for advancing structure. The plan is to build a Fortune 50 style company over the next ten years. Some board members may change from time to time, based on experience and needs of the company, and positions may shift as the infrastructure grows. Anyone exiting the board will be replaced with an equally impressive person with similar credentials.

Source: Arbitrade Update

The executive board of directors at Arbitrade includes:

Leonard Schutzman – CEO (Chief Executive Officer) at Arbitrade

Brent M. Longnecker – Chairman of the Compensation Committee at Arbitrade

Charles Woodworth – Director at Arbitrade

Daniel Sweet – Director at Arbitrade

David Sagal – Director at Arbitrade

Jason Springett – Director at Arbitrade

John Macneil – Director at Arbitrade

Larry Meyer – Executive Vice President, Chief Financial Officer, & Director at Arbitrade

Mohammed Markatia – Director and Senior Vice President of Technology at Arbitrade, & President and President of Technology at ArbiPay (Arbitrade’s payment systems subsidiary company)

Leonard Schutzmann

Member of the PepsiCo management team for 18 years.

Consultant of Olie, Inc. since April 2013.

Operating Executive Evercore Capital Partners and Evercore Partners LLC.

Chief Executive Officer and Chairman of Triad Capital Corp.

Brent M. Longnecker

More than 30 years experience in consulting for public and private organizations

Also serves on the board of the National Association of Corporate Directors(NACD).

Larry Meyer

Has a wealth of financial management experience;

10 years with PepsiCo where he expanded Pepsi Cola International and restructured operations.

10 years Chief Financial Officer at Toys R Us International where he expanded the business

CFO of Gymboree where he turned around the company.

A decade Executive Vice President and CFO of Forever 21 growing it from regional to international.

Mr. Schutzman said,

“Larry’s brilliance as a strategic thinker, combined with his deal making ability and formidable international experience, makes him a perfect addition to Arbitrade’s executive leadership team.”

Mohammad Markatia

Arbitrade’s Senior Vice President of Technology.

President and President of Technology at ArbiPay (Arbitrade’s payment systems subsidiary company).

Mr. Schutzman said,

”Arbitrade and our subsidiary company, ArbiPay, are fortunate to have the services of these 5 talented executives. They add strength to a Board of Directors and senior management team that provides experience and capabilities which are unrivaled in the fast growing and dynamic crypto currency and payments industry.”

As well as the board of directors, Arbitrade have appointed two principal consultants to work directly for the company based on contracts.

The Principal Consultants at Arbitrade include:

Hayden Gill

Recognized as one of the world’s top cryptocurrency mining consultants. He has been aggressively negotiating deals to partner with the world’s top manufacturers of mining rigs, chips, and cards as Arbitrade wants to become a dominating leader in the cryptocurrency sector.

2. Troy Hogg

Troy was the visionary and original designer of everything Arbitrade. From the all-in-one merchant banking platform to the bullion-backed tokens to Arbipay and the mining structure, it was his design that has been behind what we have been aggressively building for the future. Troy has overseen the development, acquisitions, government negotiations, bullion partnership and is involved with all significant growth decisions of the overall business. His contract is based on seeing the development and growth of Arbitrade until the ICO ends and the platform officially launches. Troy made a deal with equity partners, the board and development teams that he would be compensated for his vision and efforts upon his resigning from Arbitrade to pursue improving his health and other endeavors. Troy had temporarily left the company prior, but the board and management found that he was an invaluable negotiator and could convey the vision the best, so he was asked to return as a consultant.

Source: Arbitrade Update

3. Launching A Decentralized Exchange For Trading Not Only It’s Native Backed Tokens But Other High Valued Cryptocurrencies

Arbitrade Inc. is planning to launch an all-in-one decentralised exchange from September 2018 with the aim of becoming the no.1 market place for business and investment.Similar to the likes of Coinbase and it’s exchange GDAX, the Cryptobontix and Arbitrade family of tokens are claimed to be:

100% reserve guaranteed

Working with Brinks & Backed by Lloyds of London insurance (unverified June 2018).

Once confirmed, this should give investors peace of mind should any problems arise, such as if the company goes into liquidation, government regulations come into play or hackers steal any tokens.

Issues with centralised exchanges

In today’s current markets all the major exchanges, such as OKEx, Binance, Huobi, Coinbase and Bitfinex, are all centralised. There are advantages to the centralised system, but it adds unnecasary risk;

Hold your funds as a third party in transactions. These large sums of money are prime targets for hackers as we have seen with the Mt.Gox fiasco as well as other leading exchanges. In short, millions of dollars have been stolen from centralised exchanges.

Require a lot of personal information to be submitted creating privacy issues.

Are prone to server down time.

Market manipulation by ‘professional traders.’

“Right now, we are in the middle of incorporating 11 top-level, cross-integrated applications into the Arbitrade platform, which is quite an accomplishment.” Arbitrade Management

Decentralised Exchange Solution

Decentralised exchanges, or DEX as they are commonly known are gaining popularity because they:

Allow regular investors and traders the ability to leverage faster trades whilst allowing you to keep your funds in a secure wallet off the exchange.

Provide anonymity with no server down time and safe from hackers because of the design and security of the respective distributed trading systems.

Vitalik Buterin, Founder of Etherium, said,

“DEXs reflect the same trustless nature of the cryptocurrencies they trade. Transactions are peer-to-peer, without a third-party centralizing funds as an intermediary. Your funds are in your wallet until you trade them, and DEXs also allow for more privacy. But most importantly, DEXs bring fast, fair and easy trading to regular people without wait times.”

In summary, the main differences between centralized and decentralized exchanges are outlined below:

** Please visit www.blockchainbullion.io for additiona info **

4. Investment Bank Level Cryptocurrency Arbitrage Trading Platform

5. Arbipay- Arbitrade’s Very Own Proprietary Payment Gateway For Business And Individuals

6. Arbicard – A Crypto Card Allowing For Major Cryptocurrency Prepaid Debit Card Transactions

7. Cryptosync Gift Cards – The Worlds Only Cryptocurrency Gift Card Redemption Program

Arbitrade has partnered with Next Group Holdings to provide the first pre-paid cryptocurrency gift cards, which will become available in over 30,000 stores.

The goal is to have the pre paid cards in denominations from $25 to $1,000.

The benefits of these pre paid cards are:

Facilitates the purchase and transfer of cryptocurrencies

Buying and trading cryptocurrencies on the Arbitrade exchange

Top retailer gifts card, restaurants and more

Purchasing goods and services through the Arbipay platform

(Source: PRNnewswire)

8. Dynocrypt For Encrypted Data Transfer And Storage

A decentralized way to transfer protected information through the Internet and stored on Arbitrade’s Blockchain for future reference. View patent.

9. Dynocrypt For KYC

A decentralized way to share confirmed ‘know your customer’ details through Arbitrade’s blockchain protocol. View patent.

10. Fully Operational Mining Facility With Scope For 65,000 Units

Refer to the Cryptobontix Inc. page to learn more about the mining facility. View video footage of one of the facilities.

Again, please note: Arbitrade has acquired Cryptobontix and although both have different but complimentary business models, it is a symbiotic relationship benefiting both parties to bring you this revolutionary digital asset.

11. Arbitrade Head Quarters To Be Established In Bermuda

Bermuda is a well regulated country led by the Bermuda monetary authority. The country is making huge steps forward as a pioneering nation in the fintech space, their ambition and drive supersedes nearly all others and can rival Switzerland.The company has been working hard to be approved as a regirstered company in Bermuda and become a legally licensed and insured company.

12. Arbitrade Decentralised Exchange (DEX) Initial Coin Offering (ICO)

Once Arbitrade has it’s license in hand the company will proceed first with their 8-week legally approved ICO, this will be followed by the launch of the Arbitrade platform in late August / early September 2018. Keep track of the progress on the Timeline

Additional Information

Arbitrade is registered in Bermuda where it’s head quarters will be located.

Steve Braverman, who was credited with operating the trading desk at Knight Securities and other investment houses for many years, will oversee the build-out of the Bermuda operations located at Victoria Hall, which is Arbitrade’s new seven-story office tower.

Bermuda is the gold standard for banking and the reinsurance industry.

They have been passing the laws to make Bermuda the gold standard in an additional industry, fintech, primarily based on cryptocurrency, which they wish to refer to from here on as digital assets. Arbitrade has been working with the government of Bermuda to help establish this new industry.

Arbitrade has been in talks with many other countries that could potentially be a subsidiary location for Arbitrade.

It is Arbitrade’s desire to have a license to operate in the United States, Canada, Australia, and the United Kingdom. The teams that have been in these talks will solidify these negotiations between now and September 2018.

Source: Arbitrade news update

[blockchainbullion-blog]

A Sneak Peek At The Airdrop Cryptocurrency Reward Bonanza

There has been rather a lot of conversation around the topic of airdrop cryptocurrency coins recently, yet the same questions keep on propping up time and time again…

What is an airdrop?

Is there something that I need to be doing to be included in the airdrop?

When will Arbitrade do their airdrop? What’s going on?

What does an airdrop mean to me? How will I benefit exactly?

Huh? How does an airdrop work again??

…you get the gist!

Therefore, I have decided to write a short, easy-to-understand guide to help share all you need to really know about the airdrop cryptocurrency process, so that you can be confident that you thoroughly understand it in time for Arbitrade’s airdrop.

What Is An Airdrop Cryptocurrency Process?

Essentially an airdrop is simply a process that provides you with FREE cryptocurrency coins or tokens directly to your wallet.

In order to take part in a blockchain project’s airdrop, you may need to hold their coins in your private wallet, offline. However, this is not always the case, follow the development team’s instruction. The blockchain project will then award existing holders of their tokens, by distributing the  additional free tokens into their wallet. It is important to understand that the new tokens that you will receive will be different from the original tokens.

If you do not currently own a cryptocurrency wallet check out this guide showing you step-by-step how to store your cryptocurrency offline. You can also checkout the recommended hardware wallets on the tools page.

There are generally two motivators behind the crypto airdrop processes that take place in the current cryptocurrency market. Let’s delve a little deeper into both.

1) Hardfork

This is when, at a certain block number, a chain splits into two separate chains. If both chains get miner and community support, then two different coins are created.

For example, some of you may remember when Bitcoin did a hard fork and Bitcoin Cash was the secondary coin that came about after. Another example is Ethereum Classic, which was created from a hard fork of Ethereum.

Essentially developers, miners and the community decide which side of the tracks they want to be on.

2) Marketing campaign

In order to spread publicity about a certain product, coin or exchange in the world of cryptocurrencies, blockchain projects will use an airdrop as a good marketing strategy. Many blockchain projects that offer airdrops are pre-ICO or have just finished their ICO.

It is a successful marketing strategy for the following reasons:

An airdrop creates awareness about an ICO or token; it brings people to the project who may not have otherwise known or heard about it before.

It helps the new coin or token stand out from the thousands of others on CoinMarketCap. Generally, when you know you own a coin, you can’t help but notice it on the list or mentioned in an article, because the seed has been planted and the name will stick with you.

The endowment effect is likely to occur whereby people value a coin or token they own higher than a token they don’t own. This bias can contribute towards price appreciation.

A good tactic to pump a coins value because projects will announce airdrops where coin holders will receive bonus coins proportional to the amount of total coins they hold. Therefore coin investors will have to buy more of the projects coins, if they want to receive a larger quantity of free coins.

Recently, it has become a more popular method due to various social networks, most notably Facebook, refusing to display adverts which promote cryptocurrencies. It’s main purpose should be add additional value to the existing community.

Airdrop marketing campaign announcements

The marketing campaign normally works by the project announcing a certain date and time that they will take a ”snapshot” of the blockchain. You will therefore have to make sure you are holding the project’s tokens off the exchange in your private wallet. Anyone holding their token at that point in time will receive a certain number of free tokens into their wallet.

However, certain projects also nowadays require more from you, usually to benefit their marketing efforts and to help get the word out. So far the only examples of extra requirements I have heard about include:

Having a certain number of Twitter followers and then having to ‘re-tweet’ a specific tweet

Being a member of a particular Telegram group

Airdrop marketing campaign non-announcements

What’s more, some projects don’t even announce their airdrops, and tokens may sometimes just magically appear in your wallet. This creates curiosity and excitement for the holders who are likely to tell friends or research what the token is, hence creating free word-of-mouth advertising for the blockchain project.

What Use Is This Free Token To Me?

The main benefit to you, as a new token holder, is that these free tokens have the potential of increasing in value in the future, at which point you can either decide to sell for profit, or continue to HODL – aka. hold on for dear life!

They are basically giving you an additional free investment, as a thank you for investing in their project. This additional investment could end up increasing in value by rather a lot. You only have to look at Bitcoin Cash as an example of an airdrop token, which was distributed after the Bitcoin hard fork. At the time of writing it is in fourth place on CoinMarketCap. This is pretty amazing in my opinion!

Many blockchain projects that are now the top 40 coins, completed airdrops in their early stages. For example, you will most likely have heard of the recent airdrop executed by EOS.

All You Need To Know About Arbitrade’s Airdrop

Arbitrade has announced in an earlier email to subscribers that they will receive a 1:1 bonus airdrop token for every Dignity (DIG) token they hold in a wallet.

You must hold your Dignity (DIG) tokens off the exchange and in one of the following wallets:

MyEtherWallet (MEW)

Trezor Hard Wallet

Ledger Hard Wallet

They will release more details in the future about the exact date that the snapshot will be taken, so that you have time to purchase your Dignity (DIG) tokens and move them into a secure wallet.

Note: The Contract Swap will happen first and will execute automatically. No action of you is required of you for this process.

In the email, they stated:

“The more DIG you have, the more BONUS token you will receive as long as they’re moved out of the exchanges into a good third-party wallet” – Arbitrade and Cryptobontix

The bonus token sounds like it will be a longterm hold investment, which can potentially increase in value over the next couple of years. In the update they stated:

“We are unsure of the price the bonus token will have in the beginning, but this was structured for a long-term receive and hold type token. This will grow in value over time due to the backing of cryptocurrency mining that daily proceeds are used to build the value of the token. It will really start to see value in a year or two.” – Arbitrade and Cryptobontix

For those of you who did not read the email update and are still waiting in anticipation, the latest information that was received from Arbitrade and Cryptobontix outlined the following points:

“We will provide an adequate window of time for token holders to move their DIG off of the exchanges before the snapshot.

We will also be providing some guidance to assist with making the process go smoothly and to avoid costly mistakes.

If you’ve already moved your DIG off an exchange, you’re fine and should leave your tokens where they are until after the snapshot and airdrop.

Everyone else should wait for the swaps to occur and the guidance to be published.

As stated above, we will be updating the Arbitrade & DIG community as things progress and instructions/guidance will be made available at the appropriate times.”

Final Words

I hope this article has cleared up everything you were wondering about the airdrop process. If you have any further questions, please don’t hesitate to get in touch. We are always here to answer any questions and provide information to you.

Finally, it would be negligent of me to finish this article without warning you of scams. So before you get too excited looking for projects who are offering airdrops, please be cautious of the following.

Never give or send your private keys to anyone. Keep them safe and encrypted!

Don’t send any money to any addresses. Airdrops are free! You just need to hold a certain coin or token in yourwallet. ‘YOUR’ being the key word here, not anybody elses!

Do your due diligence and make sure you feel confident with the project who are offering an airdrop.

[blockchainbullion-blog]

What We Know So Far About Troy James Hogg

UPDATED: 5 July 2018

At the time of writing, and after a quick Google search for ‘Troy James Hogg’ you are most certain to come across a website and a few social forums who are out to slander and make claims against Troy online. I did exactly this, back in early 2018, when his name popped up on our radar.

Obviously the online stories and F.U.D. (fear, uncertainty, and doubt) did make us feel slightly uneasy, as does any negative news or information that is linked to an investment you believe in. In all honesty, based on the online drama surrounding him, Troy James Hogg was written down as one of my personal red flags when choosing to invest in Unity Ingot, now known as Dignity (Ticker DIG).

However, I do also understand that the Internet can amplify lies and exaggerate or bend reality, and so should you. You do have to wonder who in their right mind would set out to create a website dedicated to slandering a single person. It is the first type of website of its kind that I have come across, and quite frankly it does create alarm bells – and not in the way you would expect; IF what they are saying is the truth, then why on earth is it not dealt with privately, professionally and with a legal team? Nowadays, a court case would settle the issues without the need to try and create hatred and negativity towards a person online. After all, the court room would not perceive this to be a smart move, and it could even be detrimental for those who are involved in creating such a website.

Now, regardless of the online rumours, up until Arbitrade’s first press conference on the 28th June 2018, we hadn’t heard anything from Troy James Hogg and his involvement with Arbitrade, only gossip about him. Yet, I was very aware that there are analysts who follow and discuss Dignity ($DIG) on Twitter, and whom have also personally met Troy James Hogg. Therefore, it was only right that I asked one of those reputable contacts what they know about this mystery man.

You can read the full write-up by Xylo, an active member of the community, who discusses his views on Troy James Hogg here: Xylo responds to questions concerning UNY/DIG involvement with Troy Hogg.

Still, throughout the rest of this article, I will refer to both Xylo’s write-up, as well as the comments made online, as I take the key pieces of ‘shrilled’ comments people are worrying about online about Troy James Hogg, and provide you with a balanced view with all that I know from the online sources and members of the Blockchain Bullion network.

Troy James Hogg F.U.D. Number 1: Why Has Troy Changed His Names So Often, “Creating Multiple Email Addresses, Social Media Profiles, Trading Entities Etc To Match Over The Last TEN YEARS?”

Source: troyjamesexposed.com

“Troy has never changed his name. ‘Hogg’ ‘Richard’ and ‘James’ are part of his REAL NAME. Your claims of him changing his name are just not true.” – cryptobolix

“Many of you have been asking about Troy James, Troy Hogg, Troy Richard James, etc. no he’s not changing his name like many claim, this is simply who he is. Troy Richard James Hogg.” – Xylo

As we can clearly see, the ‘haters’ are trying to twist the truth and make out that Troy has used many names as a form of disguise against ‘all the scams he has been involved in.’ Personally, I have several versions of my name that I can, and do, go by. This is by no means a way for me to create different personas and pretend to be different aliases. Yet, if people wanted to, of course they can blame me for trying to hide from something?! Making a mountain out of a molehill online is too easy nowadays, and this is at the epicentre of F.U.D.

Troy James Hogg F.U.D. Number 2: “Troy James Has Taken Money, And Not Delivered Or Launched The Promised Product”

Source: troyjamesexposed.com

“Troy’s only “downfall” was that he had over-extended himself on too many projects at a single time, which led to the delay of many projects getting off the ground or completed. In his pursuit to help people reach a stable online income, he realized he was spread thin and offered to all his customers full refunds for any products they may have pre-purchased and/or partnered with him on.” – Xylo

To summarise the comments from Xylo’s write-up, I have outlined the key points below:

A few customers became frustrated with project timescales and lost faith in Troy.

Those said people decided to pursue their refunds;

“…refunds that they had initially declined and had no legal right to obtain at this point.” – Xylo

One person in the group has personal issues with Troy and started convincing more people to apply for late refunds;

“Keep in mind, they all turned the refunds down that Troy already offered and were well past the 180 days PayPal allows.”– Xylo

The refund group that was formed, soon turned into a hate group creating a witch-hunt against Troy;

“Most of them disputed the charges through PayPal almost in unison totalling to what I believe was over $500,000. It may actually be more, maybe less. Those that had payments within 180 days were refunded automatically by PayPal. A vast majority of the transactions were past the 180 days, so they received no money from PayPal, this was about half of this refund group.” – Xylo

Without any legal obligation, Troy began working on refunding every individual;

“Though Troy failed to execute the business ventures due to over-extension and because of the mass refunds, the refunders forfeited their rights to refund, and he STILL paid them all back. Scammers just don’t do that, and he never stopped…He has since paid back every person, including the man who demanded 4+ years of refunds totaling over $120,000 plus interest.” – Xylo

Troy James Hogg F.U.D. Number 3: “The Affluence Network – It’s A Pyramid Scheme!”

Source: troyjamesexposed.com

Again I will bullet point the main points from Xylo’s write-up which will show you the truth behind these accusations;

Troy started to build ‘The Affluence Network’ (TAN) which was intended to be the first Internet Marketing platform to fully incorporate cryptocurrency.

During the development stage, a few big influencers discovered his idea which created a domino affect;

“Big people know big people, and word begin to spread at high levels that Troy was executing a revolutionary idea. Troy decided that TAN would need to be placed on hold so he could focus on the cryptocurrency side of things with the new “big” people. Thus TAN never fully launched, yet. Many claim TAN was a scam, or a ponzi, which it wasn’t. It simply was put on hold. It never happened.”  – Xylo

“The Affluence Network TAN coins have never launched, neither has TAN launched anything. It’s been nothing but pre-signups. Nobody has been scammed by the TAN coins. You can’t even trade them or buy them anywhere.” – cryptobolix

Troy James Hogg F.U.D. Number 4: Troy’s Involvement In Arbitrade And Crypobontix Will Discredit It From Becoming Successful

A news article was released earlier this morning (5th July 2018) raising concerns about the silence from both Arbitrade and the Bermudan government, following comments made at the first press conference last week. The comments that stood out the most, which are related to Troy Hogg’s involvement with the Arbitrade project are as follows:

“The press comments by Arbitrade raise more red flags than a hurricane on the South Shore.” – M. Dunkley

“If we wish to pursue a legitimate crypto business we need to acknowledge that there are a lot of scam crypto businesses operating and be extra vigilant to weed out these con artists. One misstep this early in the process of properly regulating this business could destroy all of the hard work that has been done so far and damage Bermuda’s reputation. Any of these businesses with even a hint of impropriety should be avoided (and that would include any business with Troy Hogg involvement). We have only one chance to get this right and there are a lot vultures (external as well as local) out there hoping we don’t.” – Robert. X

However, there are always two sides to a speculative debate! It is important that you don’t ever get confirmation biaswhere-by you only listen to what you want to hear and ignore anything that doesn’t fit your point of view. For this reason, take the time to understand the following comments too:

“The past MLMs, to also include The Affluence Network, have nothing to do with Cryptobontix or Arbitrade. Just because Troy had former business ventures that may or may not have gone as planned does not mean they have any bearing on what happens with this venture.  The success and validity of this venture is not determined by Troy’s past projects. Even if Troy did scam people in the past, it has no connection or affect on what is occurring with the cryptocurrency things.” – cryptobolix

“Here’s how we get to Cryptobontix. Troy had now paid back all those who came after him. He knew of the slander and the libel and the exaggerated claims these people assaulted him with. He knew that if Cryptobontix was to succeed, he’d have to resign. If he stayed, then he’d be risking the success of the tokens because of the misinformation on the web about him. Remember this is primarily one website.

If this guy was truly as bad as this one website makes him out to be, with 76000+ customers there would be thousands of hate sites and links.

Troy decided he would first need to do what was best for the new company. He stepped down. He literally stepped down and gave control of his genius idea and inspirations to the newly organized Board of Directors.

He only acts now as a consultant in order to help the completion and launch of the assets. Once this happens I am told he resigns forever. He may never get the credit he deserves. Not only did Troy pay back all the money he wasn’t required to pay, he did it at his own expense. He now sacrificed his pride, his ego, the recognition, the clout…. of being the great mind behind all of this. The mastermind took a back seat in order for the company and its followers to succeed. This act of humility, surrendering it all, was a huge sacrifice. But he did it.

I can personally vouch for Troy’s integrity. I watched him face adversity, pay back his debtors (who had no legal right), make hundreds of people a lot of money, and still be able to launch this crypto project off the ground. He’s the reason any of us involved have this opportunity before us to be financially free. He has changed dozens and dozens of people’s lives, and with the groundbreaking inspirations he’s brought the world of cryptocurrency, Troy Richard James Hogg deserves all the accolades and honor. Without his dedication to do what was right and overcome stark adversity, this growing community of Cryptobontix and Arbitrade patrons would not exist.” – Xylo

Now, to back up what Xylo has said, here is an extract from the official Arbitrade news release that was circulated today (5th July 2018):

“Troy Hogg – Troy was the visionary and original designer of everything Arbitrade. From the all-in-one merchant banking platform to the bullion-backed tokens to Arbipay and the mining structure, it was his design that has been behind what we have been aggressively building for the future. Troy has overseen the development, acquisitions, government negotiations, bullion partnership and is involved with all significant growth decisions of the overall business. His contract is based on seeing the development and growth of Arbitrade until the ICO ends and the platform officially launches. Troy made a deal with equity partners, the board and development teams that he would be compensated for his vision and efforts upon his resigning from Arbitrade to pursue improving his health and other endeavors. Troy had temporarily left the company prior, but the board and management found that he was an invaluable negotiator and could convey the vision the best, so he was asked to return as a consultant.” – Arbitrade

Troy Acknowledges The FUD In His First Public Speech On Behalf Of Arbitrade

During the live press conference call on the 28th June 2018, Troy begins by acknowledging the online rumours that have been slandering his name, as well as the website that was created about him:

He mentioned that he was caught up in an online battle with a group of individuals who he had previously criticised publicly online for their wrong-doings.

He doesn’t have the time to focus on it and defend himself against these people.

He will be publishing his own website and blog listing the full list of occurrences of everything that happened with the help of his attorneys, publicists, and agents who are assisting him.

He will also be proceeding with legal actions against the individuals who continue to slander his name

However, Michael Dunkley, the former Premier, who is now Shadow Minister for National Security, didn’t take these comments lightly and responded with:

“Mr Hogg began his portion of last Thursday’s conference call by defending himself against social media and online attacks. Mr Dunkley felt that making such opening remarks was “a red flag”, he also took issue with the conference call ending with no questions being allowed.” – Scott Neil

Final Words

To put it simply, the main issue that people are afraid of, is that Arbitrade’s project is a well-executed scam. Unfortunately, I have come to realise that it is easy to understand that people will assume the worst when there is a lack of consistent and concrete information and news releases.

However, I hope that both the public speech at the press conference, and this article has helped to clear up some of the main issues as to why the F.U.D.sters believe Troy Hogg’s involvement with Arbitrade’s project could make it a scam. I also hope that you will begin to have a bit more faith when looking at the wider picture of the project, not just the short term lack of information and the noise!

Finally, we now know that Troy is the visionary of the Arbitrade project, and that he had successfully appointed Leonard Schutzmann to head up the company as CEO, and setup a world class team who is responsible for the international growth of Arbitrade.

Regardless of the lack of communication and released information we have had thus far, I personally still have the utmost faith in this project. Besides, the team around Arbitrade are making sure they have everything legally setup properly and with all proper contracts and systems in place before making this information available to the public.

To be frank, who are we, as small investors in the grand scheme of things, to be nagging at and pestering the team, when they are working immensely hard behind the scenes to make Troy’s vision a reality?

At the end of the day, you have to look at how revolutionary the project is, and how it will fundamentally develop the financial systems of the world. You must learn to have faith and patience, rather than simply staring at the daily values of Dignity ($DIG) and listening to the F.U.D. and rumours online. Make sure you read and understand the white-papers, as well as the team behind the project, before choosing to invest.

On that note, for all you fans and believers of the project, like the team and community behind Blockchain Bullion, you can:

Purchase more Dignity ($DIG) tokens while the price is low

Keep up-to-date with the latest updates about the project – remember to check-in frequently with the timeline!

Troy’s official website to follow in the future.

[blockchainbullion-blog]

How to buy Bitcoin, safely & securely

The following guide will outline the steps required to purchase your first Bitcoin.

When you use this guide to buy bitcoin instantly, please take the following advice into consideration during the process:

Only choose the amount you are prepared to invest, and take into account the exchange fees.

Be patient, blockchain transactions are not instantaneous and do require a little bit of time to be processed. Bitcoin transactions can take up to a couple of hours. Take your time and focus when entering addresses for sending/receiving Bitcoin.

Make sure you use the guides provided on this website to learn the process of sending/receiving Bitcoin, as well as safely storing your Bitcoin in a wallet.

1. Desktop Setup

Coinbase has remained a consistently safe and secure exchange to purchase Bitcoin with clean and easy to use interfaces on both web browser and mobile phone applications. Hence why this is our number one recommendation for people getting started.

Go to: www.Coinbase.com and create a new account.

Please note: always check the authenticity of the site before registering or logging in.

Coinbase has designed a clean and easy to use interface for its web browser.

The Dashboard tab features real-time price charts for Bitcoin, Etherium, Bitcoin Cash & Litecoin.

For a broader market view utilize the time frame feature (1H 1D 1W 1M 1Y ALL)

It will show you your recent activity as well as your portfolio showing you a breakdown of your crypto and fist balances.

The price at the top is your total balance.

2. Buy And Sell

Select the “Buy” tab and choose your preferred cryptocurrency

Choose your payment method;

Credit card will deliver your crypto instantly but with higher fees (4%)

Bank Debit cards take 4-5 days but have a lower fee (1.5%)

Input the amount in Fiat or crypto, the conversion works both ways

Available FIAT currencies include USD, GBP & EUR

When you first join your limit will be lower but can easily be increased by additional verification of your account and buying cryptocurrencies on the platform

3. Accounts

This is where you go to SEND and RECEIVE cryptocurrencies as well as DEPOSIT and WITHDRAW FIAT currencies. A vault can receive funds like a normal wallet, but can also prevent stored funds from being immediately withdrawn by adding optional security steps. Users can also choose to split ownership between multiple users and email accounts, requiring these users to approve of a transaction before it can be completed.

Input the recipient's address

Choose which wallet to send from. E.g Bitcoin from the BTC Wallet

Enter the amount in your local currency or Bitcoin. Conversion works both ways

Add a reference note (optional)

Click “Continue”

Tools – This section will show you all the addresses, recurring transaction, reports, and history of your account

Settings – Edit your user profile, preferences, security, API access and limits

TIP: Always double check the recipients address before sending, I personally focus on the first and last two digits of the address. Example:

 0x94F20cCfF70D82d1579D8B11F2985F8De9B287CF

- www.blockchainbullion.io -

[blockchainbullion-blog]

How to Buy Dignity ($DIG), a gold backed cryptocurrency on the blockchain

This guide will show you how to deposit Bitcoin (BTC) on the Livecoin exchange so that you can purchase Dignity (DIG) where it is currently trading.

DIG is scheduled to be listed on up to 14 exchanges during 2018. It is currently only trading on the Livecoin exchange with the roll out onto others still pending. For latest updates visit the Timeline and bookmark kthe page. 

Create An Account.

Remember to always do your due diligence and check the authenticity of the website before registering your details or logging in.

Login to your account and go to the “ACCOUNT” tab

Select “SECURITY” – Change your security level from;

“Level 1: Basic” to “Level 2: Advanced” this will enable Google 2-FA application.

Next, Select the “BALANCE” tab

This will bring up all the available cryptocurrencies.

Select the Bitcoin “DEPOSIT“

Copy the deposit address or use QR scan code

Return to where your Bitcoin is stored (Exchange or Wallet) and Transfer your Bitcoin to the address (paste) provided by Livecoin

When your Bitcoin arrives (may take up to 1 hour) select the “BUY/SELL” tab and select “TRADING”

7. Type in the search bar or locate the DIG/BTC pair

8. Buy DIG for BTC

(Buy) Limit Order:

You choose the price.

For example, a buy limit order can be put in for 0.00001800 when DIG is trading at 0.00001990. If the price dips to 0.00001800, the order is automatically executed.

(Buy) Market Order:

You buy at market price.

The market price is the current price DIG is trading at and will be bought or sold at

9. Once the order has been executed it will show up on your balance

10. It is recommended that you do not leave your digital assets on exchange. To withdraw your DIG tokens click on “BALANCE” find Dignity and select the “Withdrawal”

11. For guidance on how to withdraw DIG to a wallet click here

For our rated and recommended wallets click here. - www.blockchainbullion.io - 

[blockchainbullion-blog]

Everything You Need To Know About The Cryptocurrency Market Cap

‘Market Cap’ is another way of saying Market Capitalization. It is one of the most critical concepts that investors have to understand and is a technical indicator derived from the traditional stock market, we can use a similar approach to show us the estimated net-worth of a specific digital asset.

Not knowing or understanding the Market Cap is a sure way to lose money and miss opportunities in the cryptocurrency markets.

Yet, many new investors overlook it, or just don’t properly seem to grasp what it means and how it is calculated.

Therefore, this article will iron out those creases so that you can feel confident you fully understand everything you need to know about market capitalization.

The topics that will be covered include:

Why are digital assets market caps so important?

How to calculate the cryptocurrency market cap

How to use market capitalization to make better investment decisions

Disclaimer: factors to be aware of

What will be the market cap cryptocurrency value of Arbitrade & Cryptobontix‘ gold backed token: Dignity ($DIG)?

Final words

Further research

Calculating the price

Circulating supply vs. distributed supply

Online platforms which show you the already calculated market capitalization

Investing in low cap cryptocurrency is a high risk investment

A high market cap doesn’t necessarily signify a stable investment either

Additional factors to take into consideration when choosing your investments

Why Are Cryptocurrency Market Cap’s So Important?

Investors should be able to easily monitor, or at least recognise opportunities, based on the market cap of a potential investment.

“Every investor should learn as much about altcoin Market Cap, or market capitalization, as possible for a very basic reason: the market capitalization may tell you how much money you might be able to make from a cryptocurrency.” – cryptoincome.io

It is also important to understand that the market capitalization does not actually represent the true value of a cryptocurrency project.

More often than not, the true value of a cryptocurrency token or coin is falsely undervalued or overvalued as the price can often be easily inflated or manipulated. This is due to both ‘pump and dump’ scams, which directly affects the ranking of a cryptocurrency asset, as well as the following common misconception:

New investors blindly base their trades on the price of a coin or token, rather than the market cap.

However, price is speculative and does not equal value. Therefore, market cap definitely doesn’t equal true market value, which is why it is important to recognise potential opportunities – I will discuss this further in the next section.

It is easy to understand why new investors would fall into the trap of believing that they have found a bargain based on purely the price of a coin; They hope for the price to skyrocket in a similar style to the likes of Ripple. However, this theory is unrealistic and is therefore very unlikely to ever happen.

Taking Ripple as an example, the following quote explains this further:

“Ripple (XRP) is trading at around 1$ right now. You might think this is cheap but if you look closely, you will see that there are over 39 Billion Ripple coins in circulation.

Therefore Ripple already sits on a market cap of over 43 billion $ which is a huge number.

To put this into perspective, Bitcoin currently has a circulating coin supply of under 17 Million with a market cap of around 200 billion $.

So in order for Ripple to reach Bitcoins price, their market cap would have to grow to approximately 464 Trillion $. And that’s just not going to happen.” – J.Smith, Henry Lax Ltd

How To Calculate The Cryptocurrency Market Cap

The market capitalization of a cryptocurrency, stands for the current dollar market value of the currencies circulating coin supply.

It is based on two factors:

The current price per coin

The total quantity of the specific cryptocurrency coins that are circulating in the market.

Therefore, to calculate the market capitalization, also referred to as ‘relative size,’ of a token or a coin within the cryptocurrency market, the following formula is used:

Market Cap = Price X Circulating Supply

As you can see, you simply multiply the Price by the Circulating Supply.

Calculating The Price

Some of you may also be wondering how to calculate the price:

Price = The average of all prices reported at each market*

*Sources for the prices can be found on the markets section on each cryptocurrency page.

Circulating Supply vs. Total Distributed Supply

It is important to note the differences between the circulating supply and the total distributed supply:

The circulating supply includes only the coins or tokens that are being actively traded and held by external investors.

The total distributed supply includes the company’s share of coins, extra coins from mining, and other coins not released into the supply.

It is therefore more accurate to estimate the value of a cryptocurrency based on the following calculation:

Cryptocurrency Value = Total Distributed Supply X Coin Price

Online Platforms Which Show You The Already Calculated Market Captalization

Fortunately, there is an online calculator which can calculate the market cap for you: marketcapcalculator.com

We also recommend the following websites to find out the current market cap cryptocurrency value of a coin or token:

coinmarkets.net

coinmarketcap.com

cryptocompare.com

livecoinwatch.com

How To Use Market Capitalization To Make Better Investment Decisions

Let’s face it, we all strive to find THE cryptocurrency coin or token that will give us a significant return on investment (ROI).

Before we continue, and just to reiterate my point from earlier, it is so important that you stop looking at the price of coins or tokens!

Instead, to be a good investor, you must always make sure that you gather sufficient information about a project before investing in their coin or token. Not only will this save you time, but potentially a lot of money too!

put simply, we tend to research coins and tokens which show:

A low market cap

Opportunities for potential market cap growth

Use someOf course, this is easier said than done.

However, there are a few additional factors that will help you complete thorough investigative research in order to figure out whether there are clear opportunities for growth or not. These include:

The size of the branch that the project is operating in and its future potential

How innovative and unique the technology and idea really is

The quantity of tokens or coins that the development team owns – if they hold a significant amount, they will be able to retain control over the direction of the token

The capability of the team behind the project – level of expertise? Age? Experience? – keep in mind: a billion dollar idea is worthless without the right people working on it.

Press coverage, government regulation, politics, rumours, the behaviour of individual investors, and more!

If you take all of these factors into account, you can certainly find cryptocurrencies that are truly undervalued. If you find the gems and invest in these early on, you will see some significant gains over time and you will not need to be checking the price every minute because you know you’ve got in early and you believe in the vision of the company. You must be aware and not succumb to confirmation bias, you can keep an eye on key global events surrounding blockchain and cryptocurrency affairs, by simply subscribing to a reputable newsletter such as Blockchain Bullion.

Use some simple websites, app and subscriptions to keep current on market news and portfolio performance. We have listed useful tools and resources.

Please also rest assured during times of ‘dumping’ (also known as the price suddenly decreasing). If you are actively investing do not be discouraged by a small pullback. Instead, zoom out on the graph to display the bigger picture and remain patient. The best investment gains are never made by chasing coins, it is the waiting that is rewarded the most.

Disclaimer: Factors To Be Aware Of

Investing in low cap cryptocurrency is a high risk investment

We should all be aware that investing in low market cap coins and tokens comes with high risks. This is because:

The projects may still be in their infancy with a lot of potential roadblocks ahead.

Holders of tokens with small market caps are at risk of being crushed by larger traders. If several whales conspire to sell at the same time, the price of a token can crash to zero instantly.

The lower the market cap, the more volatile the coin, but then the more lucrative the ROI opportunities with ICO’s providing by far the biggest ROI for investors with an appetite for risk.

A high market cap doesn’t necessarily signify a stable investment either

Don’t be fooled into thinking ‘stable’ coins with large cryptocurrency market caps are a safe investment either. This is because they can still be volatile. Take Bitcoin for example. Since June 2017, it has had many price swings between 30-50%. Prior to this, it encountered several rises and falls between 30 and 2.

Most people have heard of Bitcoin but have probably never heard of a lot coin or token, like Dignity. This is one of the primary reasons many alt-coins are not getting the attention they deserve yet from the wider public. I conclude that there is a strong possibility that Bitcoin’s Coin Price and Market Cap will start to decrease as more people become aware of the alternatives.

Additional factors to take into consideration when choosing your investments

As an investor, you must get into the habit of routinely keeping up-to-date with industry changes, whether that is by carefully checking reputable news platforms, subscribing to news websites (like Blockchain Bullion) and by following key analysts and influencers.

We have already witnessed the extent to which news has such a huge impact on the cryptocurrency market fluctuations.

A most noteworthy example was when the price of Bitcoin dropped in mid-2017 after the news reported that the Chinese government was shutting many cryptocurrency exchanges. If you had been following the industry, you will have known that China is the world’s largest market for Bitcoin. Those who failed to keep updated with industry news would have lost out.

Keeping an eye on the news will also mean that if a huge corporation or government announces that they will be accepting cryptocurrency payments, you will want to be one of the first to know, so that you can jump on the investment, before it goes globally viral.

What Will Be The Market Cap Cryptocurrency Value Of Arbitrade & Cryptobontix‘ Gold Backed Token: Dignity ($DIG)?

Nobody knows this yet, but the forecast from our own personal research on Arbitrade and Cryptobontix looks extremely promising.

Keep up-to-date with the progress of this revolutionary project by regularly checking the Timeline.

Final Words

Overall, understanding the Cryptocurrency Market Cap and its limitations can help you make profitable investment decisions in alt-coins.

Yet as we have discussed in the article, when it comes down to choosing where you want to invest your money, there are a lot of other factors to account for during your research.

As an investor, you should make sure that you examine the Market Caps of all cryptocurrencies and estimate what the reasonable growth potential might be for each coin or token you consider investing in.

On a final note, it is always important that you have completed your own thorough due diligence when investigating a project.

Further Research

As we have already mentioned earlier in the article, we recommend the following websites to help you research and monitor cryptocurrency tokens and coins:

coinmarkets.net

cryptocompare.com

coinmarketcap.com

livecoinwatch.com

Please refer to the knowledge base to discover more useful online tools and websites, which will help to deepen your knowledge of cryptocurrency and blockchain technology. WWW.BLOCKCHAINBULLION.IO 

[blockchainbullion-blog]

Nelson Mandela Revisited & the Connection with Crypto Giant Arbitrade

Accomplishments Of Nelson Mandela Revisited: 100 Years July 2018 While we (still) sit tight waiting for more news from Arbitrade, we will celebrate the accomplishments of Nelson Mandela in the run up to his 100 year anniversary this month. 

But first, if you have been keeping up-to-date with the Timeline at Blockchain Bullion, you will have read that Arbitrade has already purchased one piece of  Nelson Mandela art from the Golden Hands collection.“It always seems impossible until it’s done.” – Nelson MandelaConsidering Arbitrade purposely purchased the golden artefacts during the 100th year anniversary of his birth, should we expect to hear some exciting news from the board of directors next month?The anticipation is real!Nelson Mandela’s 100th year birthday is on the 18th July 2018. Add it to your calendar guys! 

It could end up being a significant date in the world of $ DIG. Arbitrade has already publicly expressed their admiration for Nelson Mandela and praises South Africa for all it has done throughout the years in supporting the gold industry. So, it would only make sense to mark the occasion with some huge news… Let’s hope so anyway… 

UPDATE: Today, 3rd July 2018, it has been publicly announced that Arbitrade will host an invitation only presentation on the 18th July to celebrate the 100th year anniversary of the birth of Nelson Mandela. The presentations will be followed by a networking reception and exhibits of the Mandela artifacts, including the US debut of his artwork from Robben Island Prison. Read the details of this occasion on the timeline announcement. 

Golden Hands Nelson Mandela ArtAs you are already aware, Arbitrade currently owns one piece of the golden hands Nelson Mandela art collection. This is a solid life-size gold cast of Mandela’s fist made during his lifetime by the Harmony Gold Mining company at his home in Johannesburg in 1964.“It’s interesting to note that when it came to casting the fist, Mandela insisted on placing his thumb next to his fingers as opposed to in front. He deemed it a less aggressive representation of his victory of apartheid. It was typical of the man.” – Leonard Schutzman, CEO of ArbitradeOriginally, Harmony Gold made a full set of solid gold artefacts to mark each of the twenty seven years Nelson Mandela spent behind bars. However, it is believed that the artefacts which Arbitrade are purchasing are part of the only remaining and surviving set. All others were destroyed by order of Nelson Mandela.You can perhaps understand why each of the remaining pieces cost a whopping $2.5 million each. Mr. Leonard Schutzman confirmed that the purpose of acquiring the iconic Nelson Mandela art collection was because it is an exceptional investment that will be used to back the family of coins that Arbitrade will be producing. Not only this, but Arbitrade believes it is also helps to mark the company’s interests and intentions.“Our set is dedicated to 1964 and 1990, marking the year Mandela was first incarcerated on Robben Island and the year he walked through the prison gates a free man.” – Leonard Schutzman, CEO of ArbitradeMr. Leonard Schutzman has confirmed the complete set and the fist has been authenticated by Harmony Gold and is in the possession of Arbitrade. It is important to remember that back in March 2018, Arbitrade drew up a contract with South African businessman, Mr. Malcolm Duncan, whereby the company agreed to buy the iconic Nelson Mandela art collection from him.Malcolm Duncan is a Canadian entrepreneur who actually knew Mandela, and reportedly paid 3.6 million South African Rand (approx. $ 263,592 USD) for the set to Harmony Gold Mining, which cast the items in 2002.Mr. Duncan wasn’t able to sell them on, until he managed to strike a deal with Arbitrade. 

At first it seems that he was a little nervous about transacting in cryptocurrencies, but the buyer and seller managed to agree upon a contractual deal, which allows Arbitrade to buy one item of the collection at quarterly intervals throughout the course of the year with Bitcoin that is then converted to fiat currency and deposited into the sellers account.Therefore, Arbitrade are still waiting, as per contractual terms, for the purchase of the remaining pieces to be formalised. These include three life size impressions of Mandela’s hand, one additional of his palm and the fist, and precious Nelson Mandela images of making the cast at his home in Johannesburg.Six Accomplishments Of Nelson Mandela1) Organizing the non-violent defiance campaignHe taught the world what activism really is: with no fear in his heart, Mandela stood up to those who sought to oppress others.2) First black and democratically elected President of the countryHe served as President of South Africa from 1994 to 1999. 

He was the country’s first black chief executive, and the first elected in a fully representative democratic election.3) He won the Nobel Peace Prize in 1993 for peaceful termination of apartheidMandela also received more than 260 honours during his lifetime.4) He effectively ended apartheidNelson Mandela was a leading opponent of the 1948 apartheid legislation. Through his relentless passion to end racial segregation in South Africa, creating a future towards true equality in his homeland.5) His speech during the Rivonia Trial is considered one of the great speeches of the 20th century“I am Prepared to Die” Nelson Mandela’s statement from the dock at the opening of the defence case in the Rivonia Trial Pretoria Supreme Court, 20 April 1964.6) Nelson Mandela children’s foundation is the largest foundation in the worldAs well as founding a number of other organizations to promote equality and fight against problems such as AIDS.To finish this list outlining the accomplishments of Nelson Mandela, I have included a couple of very well-written excerpts that I found, which really helps to sum up the world’s opinion of Nelson Mandela, and which also perfectly describes his unique characteristics and journey through life;“Mandela essentially invented the iconography for honourable resistance and overcoming oppression by simply standing squarely in the centre of an unjust culture and not giving an inch of himself over to it. It is probably telling in his years as the President that he often looked as curious and unsure of his situation as he did dignified and revered. It was because it was as fresh and new to him as would freedom to any man who spent most of his life denied it. 

He was legit as they say. And legitimacy was his greatest accomplishment.” – Courtney Kross (source)“For those of us who knew and loved him, he will forever be the man who led his people to freedom, who suffered under and then vanquished the evil of apartheid in South Africa, and who built a new democracy with magnanimity, wisdom and vision. But millions of people are alive today who were not even born when Mandela walked out of prison a free man. What is remarkable, and what gives us hope for the future, is how his life and legacy continue to inspire these younger generations.” – Lauren Crow (source)Final WordsTo celebrate the 100 year anniversary of Nelson Mandela, there are many festivities that have been organised. Check out the Mandela Concerts to see how you can get involved.When reading through the Nelson Mandela accomplishments, you may have been able to witness the slight correlation between what Nelson Mandela has achieved, and what Arbitrade is trying to achieve in terms of helping to change the world for the better:I find it rather profound that Arbitrade are paving the way to change and prosperity against the traditional and unfair monetary system by creating a new era of digital assets, which will provide financial freedom for many early investors. My own personal opinions! If you would like to learn more, check out the following pages:ArbitradeHow to buy DIG $On another note, I do believe that July 2018 could bring us the news we have all been waiting for and that we may witness a wider adoption combined with a price surge for Dignity ($DIG). 

Allow me to reiterate that these opinions are purely my own and it is important that you do your own research and due diligence when deciding on your investments. If my predictions are true, I will certainly mark the occasion with some sort of celebration. Perhaps we will even create and announce an additional feature of the Blockchain Bullion website? What will you do to celebrate the occasion?One last comment (I promise!): Don’t forget to put the 18th July in your calendar – this date could be significant! And if not, well… let’s celebrate our commiserations and the 100 years of Nelson Mandela anyway. Don’t forget to keep an eye on the timeline. And remember, we are all in $ DIG together. So, whenever you are feeling a little angst, join in on the community chat and take a leaf from Mandela’s book:“I never lose, I either win or learn” – Nelson Mandela

[blockchainbullion-blog]

Arbitrade Press Conference Stream + Key Notes

For those of you who were not able to listen into the live stream of the Arbitrade press conference, Blockchain Bullion has outlined the main points in this article.

To Listen To The Recording Click Here.

Speaker 1:

Leonard Schutzmann

Leonard Schutzmann, Arbitrade CEO and chairman, introduces the phone conference discussing how the project first came about. The main points that were covered were:

A brief mention of his career with PepsiCo; spent 30 years at senior and management levels.

Advised that he was approached by a close friend of his to help him with a new startup idea in the crypto and blockchain industry, which has the potential to turn into a multi-billion global dollar business.

He spoke to Troy Hogg who told him his strategy and vision to transform the financial industry. Troy asked Leonard to put together a world-class team, the best experts in the industry with a great track record and international connections, who will be the foundations for the growth of the project.

His motto is to ‘under-promise and over-deliver.’

Has spent most of 2018 building the infrastructure, spending over $15 million in mining, assets, facilities and servers.

Arbitrade now has the capacity in mining to get moving forward.

They are in the process of finishing the exchange software.

They will be doing an ICO in the near future.

Speaker 2: Troy Hogg

Troy Hogg, Visionary of Arbitrade, then follows on from Leonard.

Rumours

He begins by acknowledging the online rumours that have been slandering his name, as well as the website that was created about him:

He mentioned that he was caught up in an online battle with a group of individuals who he had previously criticised publicly online for their wrong-doings.

He doesn’t have the time to focus on it and defend himself against these people.

He will be publishing his own website and blog listing the full list of occurrences of everything that happened with the help of his attorneys, publicists, and agents who are assisting him.

He will also be proceeding with legal actions against the individuals who continue to slander his name.

Arbitrade Exchange

Once the rumours had been cleared up he moved on to discussing the exchange platform that they are working on. He stated:

They have built the most robust system, in the entire crypto sector, using the latest blockchain technology. This will be revealed in early September.

They are building an infrastructure that allows for:

They will insure the entire platform so that everyone including Arbitrade are protected – he announced that they are there for the people.

Full demo has already been seen and it is currently going through beta and bug testing.

It will be revealed at the end of the Summer.

Payment and Merchant services

Trading of cryptocurrencies

interest payments on cryptocurrencies – an ‘all-in-one merchant thinking platform.’

He then announced that they will now be spending all of the summer preparing all legal documentation required to fulfil their licensing with Bermuda for Arbitrade’s ICO

Accomplishments

Next, he went on to discuss the accomplishments they have achieved thus far.

The headquarters at the 7-storey office tower called Victoria Hall, in Bermuda (purchase contracts will be complete over the next two weeks), will create several new jobs in the country. It will be renovated over the summer to accommodate the training of future new employees. All staff will be taught how to handle support and compliance – this is key in the industry, as no trade exchange or merchant service thus far offers multi-lingual phone-in, or direct online, support to traders. The hashtag: #ArbitradeHelp will be used across all social media channels to offer support to users.

In partnership with Scotia International of Nevada (S.I.O.N.) Trading FZE in Dubai, which is one of the only licensed gold traders on the Dubai gold exchange, and whom have a gold mining facility, gold trading facility, inbound asset facility, and trade on open market. They fully support the project and will grant Arbitrade $10 billion of physical gold. Agreements are in place and signed, sitting before him and will be held at Brinks  Corporate (the world’s largest cash management company, serving over 100 countries). Troy introduced a representative from S.I.O.N. Trading FZE, who stated:

“We are 100% committed behind and thoroughly ecstatic about what has been put forward to us and the opportunity to be a part of Arbitrade”

Actions Of Thanks To Bermuda

To extend their gratitude to the people of Bermuda, Arbitrade will:

Allow the people of Bermuda the first rights to a pre-ICO position.

Donate $1 million to help refurbish and launch a new state-of-the-art co-working space and incubator for the FinTech center in Bermuda. This donation will be completed early next week.

Donate $45,000 to the Bermudan government to help develop a violence reduction, therapeutic gardening initiative, where-by the government has been given 5 acres of land to be used to teach gang members farming and plant husbandry skills. As well as providing the opportunity for gang members to be paid to work on the chicken farms. Arbitrade will help assist with the development of the most advanced student and young person learning process into the FinTech sector and help them get off the streets and into education.

Donate $30,000 to the active shooter preparedness initiative taught by the FBI at schools and local charities.

Donate $25,000 to the family center initiative, which is a large community project in Bermuda.

Final Words

There will be a lot more news coming out over the next couple of months as Arbitrade moves into new countries, territories and subsidiary licenses to their home domicile in Bermuda.

They thanked everyone and announced they will not be taking any questions today, but will at a later date.

To Listen To The Recording Click Here.

Official press releases to follow soon. www.blockchainbullion.io