Tag: blockchain

Market Network Meets Blockchain

Market Network Meets Blockchain

A New Way Is Here And Thriving

Market Networks are doing something in an entirely new way. They are unburdened by the traditional confines of any given industry and provide a value that is different from, and maybe even better than, the standard way.  Coupled with the technology of the Blockchain creating a more transparent, immutable and autonomous environment with complete privacy. This new way is more flexible and immediate – for the user and the providers.

Opportunities for these market networks exist wherever there are groups of service professionals supporting an industry vertical. Organizing this way could have a significant impact on how millions of people work and live, and how hundreds of millions buy services.

 

What Is a Vertical Market?

A vertical market is a market encompassing a group of companies and customers that are all interconnected around a specific niche. Companies in a vertical market are attuned to that market’s specialized needs and generally do not serve a broader market.

The Early Vertical Market Networks comprises of groups of resources specializing in the various products, technologies, or services that constitute the inputs of a particular industry, organized around a market that focuses on monitoring and managing the critical contingencies faced by the network participants in that market.
 

What Is A Market Network?

A new business model has emerged. Market-networks are hybrid animals: part social network, part marketplace, part SaaS.

Market networks represent a different way to do business compared to sites like Airbnb or Uber that simply aggregate demand. In that model, neither the seller nor the customer matter. A market network elevates the relationship, the reputation, the value. Fees are lower and contracts are simplified. Market networks have stronger retention and engagement than marketplaces 

These market network businesses have the potential to disrupt traditional markets by doing something in an entirely new way.  They are unburdened by the traditional confines of an industry and provide a value that is different from, and maybe even better than, the standard way.  

Thanks to innovation and new technology Markethive has combined the three pillars of the NEW Market Network including but not limited to having a Marketplace, similar to Amazon, Freelancers, eBay you get the picture. This Marketplace is populated with buyers (Markethive subscribers) and sellers (Markethive Entrepreneurial upgrades) and connected in a social network similar to Facebook and LinkedIn the well known social networks; all integrated with a fantastic advanced proprietary set of Market tools (Inbound Marketing platform) known as SAAS (Software as a Service) the Workflow. 

 

What’s unique about market networks is that they:

  • Combine the main elements of both networks and marketplaces

  • Use SaaS workflow software to focus action around longer-term projects, not just a quick transaction

  • Promote the service provider as a differentiated individual, helping to build long-term relationships

 


 

The Marketplace Defined

  1.  An open square or place in a town where markets or public sales are held. 

  2. The marketplace is the interpreter of supply and demand. 

  3.  Where buyers and sellers connect.

Marketplaces benefit from powerful network effects – supply and demand follow each other – it’s often a high-stakes battle for leadership: when one marketplace achieves undisputed leadership, it can generate huge profits, retain customers and keep competitors at bay.

An online marketplace (or online e-commerce marketplace) is a type of e-commerce site where product or service information is provided by multiple third parties, whereas transactions are processed by the marketplace operator. Online marketplaces are the primary type of multichannel e-commerce and can be a way to streamline the production process.

In an online marketplace, consumer transactions are processed by the marketplace operator and then delivered and fulfilled by the participating retailers or wholesalers (often called drop shipping). Other capabilities might include auctioning (forward or reverse), catalogs, ordering, wanted advertisement, trading exchange functionality and capabilities like RFQ, RFI or RFP. These types of sites allow users to register and sell single items to a large number of items for a "post-selling" fee.

In general, because marketplaces aggregate products from a wide array of providers, the selection is usually wider, and availability is higher than in vendor-specific online retail stores. Also, prices may be more competitive.

Since 2014, online marketplaces are abundant since organized marketplaces are sought after. Some have a wide variety of general interest products that cater to almost all the needs of the consumers, however, some are consumer specific and cater to a particular segment only. Not only is the platform for selling online, but the user interface and user experience matters. People tend to log on to online marketplaces that are organized and products are much more accessible to them.

“Marketplaces” provide transactions among multiple buyers and multiple sellers — like eBay, Etsy, Uber, and LendingClub.

Social Networks

The number of worldwide social media users has reached 2.34 billion and is expected to grow to some 2.95 billion by 2020.

“Social Networks” provide profiles that project a person’s identity, then lets them communicate in a 360-degree pattern with other people in the network. Think Facebook, Twitter, and LinkedIn.

Networks themselves have different purposes, and their online counterparts work in various ways. Loosely speaking, a social network allows people to communicate with friends and acquaintances both old and new.

Definitions of social networks can vary depending on what the network itself offers. One thing that all social networking websites have in common is the ability for users to post a profile. These profiles are basically lists of information that you wish to share with your connections.

Profiles serve to give friends and acquaintances basic information about you at a glance. They list things like your profession and work history, current contact information, likes and dislikes, and your location. Most of this information is protected and can be optional, though it does serve to help others find you more easily.

Social networking is not a static thing. Networks are growing and changing all the time, with new ones popping up at a fast rate. Many networking websites are geared towards users with specific interests and needs, while others encourage everyone to join.

Since this form of networking is always evolving, the definition of a social network will also be fluid. At its heart, however, an online social network is a meeting place for people to extend their reach and stay in contact with their connections.

 

What Is Unique About A Market Network

A market network often starts by enhancing a network of professionals that exists offline. By moving these connections and transactions into software, a Market Network makes it significantly easier for professionals to operate their businesses and clients to get better service.

Market networks target more complex services. In the last six years, the tech industry has obsessed over on-demand labor marketplaces for quick transactions of simple services. Companies like Uber, Mechanical Turk, Thumbtack, Luxe, and many others make it efficient to buy simple services whose quality is judged objectively. Their success is based on “commodifying” the people on both sides of the marketplace.

People matter. With complex services, each client is unique, and the professional they get matters. Would you hand over your tax planning to just anyone? Or your corporate identity program? The people on both sides of those equations are not interchangeable like they are with Lyft or Uber. Each person brings unique opinions, expertise and relationships to the transaction. A market network is designed to acknowledge that as a core tenet — and provide a solution.

Collaboration happens around a project. For most complex services, multiple professionals collaborate among themselves — and with a client — over a period of time. The SaaS at the center of market networks focuses the action on a project that can take days or years to complete.

Market Networks help build long-term relationships. Market networks bring a career’s worth of professional connections online and make them more useful. For years, social networks like LinkedIn and Facebook have helped build long-term relationships. However, until market networks, they hadn’t been used for commerce and transactions very effectively.

Referrals flow freely. In these industries, referrals are gold, for both the client and the service professional. The market network software is designed to make referrals simple and more frequent.

Market Networks increase transaction velocity and satisfaction. By putting the network of professionals and clients into software, the market network increases transaction velocity for everyone. It increases the close rate on proposals and expedites payment. The software also increases customer satisfaction scores, reduces miscommunication and makes the work pleasing and beautiful. Never underestimate pleasing and beautiful.

Market Networks exist wherever there are groups of service professionals supporting an industry vertical. Organizing this way could have a significant impact on how millions of people work and live, and how hundreds of millions buy services.

Markethive – The Ultimate Market Network Meets Blockchain

Markethive is a social marketing platform for entrepreneurs that has the combined power of Facebook/LinkedIn, Marketo/Hubspot and Amazon/eBay along with Crypto News Sites like Cointelegraph/Bitcoin.com.

Delivering a dynamic social network, integrated with Inbound Marketing (SAAS), numerous commerce platforms, multiple traffic portals, built on the blockchain.

Markethive is a next-generation Social Market Network, built on the Blockchain that has positioned itself as a complete ecosystem for Entrepreneurs. Using the latest technology, it provides prosperous solutions for all business owners, marketers who require an online presence.

Markethive's functionalities include SEO features, Analytics, Customer Management System, Traffic Portals, Capture Page and Lead Creation, Profile Page, E-commerce portals, video conferencing, Blogging Platform and much more. Also included are significant training tutorials and weekly live support meetings. 

Creating a “Universal Income” for entrepreneurs. Using their state-of-the-art integrated inbound marketing platform by delivering an infinity airdrop incentive to new subscribers and setting up the entire system to utilize a faucet like rewards for using the system.
Focused on Inbound Marketing, Markethive plugs into all Social Media, simplifying your marketing efforts, with automated email campaigns allowing for lead flow into your designated business. Markethive incorporates collaboration building relationships within the community.

 

 

Market Disruption

Market Networks have the potential to disrupt traditional markets.

Who Loses

With any disruptive idea, like the Internet was, not every company will benefit or embrace this trend. Where are the music stores, the book stores, the video stores, the clothing stores today? Not on Main Street! They, as well as millions of other markets, are now operating on the Internet.

Banks are clearly in the path of the disruption of the blockchain, the Big Data social network systems, the online auction, and shopping centers are as well. And companies that resist these trends, blockchain as well as combining the social network fabric with tools into their services are soon to become relics and a footnote in history.
 

Who Wins

Forward-looking companies that convert to the blockchain to improve the privacy and security of their data and create an environment that is unfettered from political and nefarious agendas, will be the winners on top. As people migrate to better solutions for privacy and security, as the news continues to reveal the agendas of Big Data companies like Facebook and Twitter manipulating their system to favor their agenda and to diminish those who contradict them, as new blockchain companies share the profits via their coins, a new environment will grow with these winners as the losers quickly collapse into obscurity.

 

The Power Of Blockchain Technology

Just about every company that migrates to the blockchain and new companies launch built upon the blockchain, will prosper, as long as they deliver with the benefit of their customers the prime agenda.

Markethive is positioned and dedicated to being a leader in this new business environment of the people, by the people, for the people in this Blockchain revolution.

Market Networks are also becoming mainstream in a wide range of vertical markets, whereas, the social fiber will become integral with any dynamic vital company out there, like Huber, Tesla, eBay, Overstock, Media, news journals, you get the picture. 

Markethive will become the next giant as the next 10 years will be run by blockchain dominated by Market Networks. Markethive is first to market this hybrid in this new brave world.

 

ecosystem for entrepreneurs

 

FOLLOW US ON…

Website: https://markethive.com 

Token Site: http://markethive.io/ 

Telegram: https://t.me/markethive_support

Twitter: https://twitter.com/markethive/

Github: https://github.com/markethive /  

Reddit: https://www.reddit.com/r/markethive/  

Crunchbase: https://www.crunchbase.com/organization/markethive

Medium: https://www.medium.com/@markethive

Bitcointalk: https://bitcointalk.org/index.php?topic=3309067.msg34535452#msg34535452 

Telegram News: t.me/Markethive

LinkedIn: https://linkedin.com/company/Markethive

Facebook: https://facebook.com/MarketHive

Youtube: https://youtube.com/Markethive

 

 

 

 

David Ogden

Entrepreneur @ Markethive, a global Market Network. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 
 

 

David Ogden – Http://markethive.com/david-ogden

If LinkedIn Amazon and Hubspot had a baby

If LinkedIn, Amazon and Hubspot had a baby…

Seizing the full potential of a rapidly expanding Social Market Network Ecosystem. 

Let us ponder for a moment. What would you get if LinkedIn, Amazon and Hubspot had a baby in this new technological era of Blockchain and Cryptocurrency? 

The thought is actually mind-blowing and very much an oil well for Entrepreneurs and Marketers alike. Thanks to the Visionary, marketing guru, and engineering genius, Thomas Prendergast, this has become a reality within Markethive. A complete Ecosystem for Entrepreneurs. 

We have an emergence that represents the evolution of Social Media converging with Content Marketing and eCommerce all under one umbrella. This incorporates collaboration which is the necessary component to businesses achieving and maintaining that competitive edge. It combines social interaction with transactions between multiple buyers and sellers utilizing a complete Inbound Marketing Platform and Marketplace, offering clients both choices in networking hardware and software to meet their specific needs along with how they obtain it. 

Businesses of all sizes can now benefit from networking and marketing in a way that works best for them. This is what is called a Market Network and not just seen as a type of business, but more of a strategic capability for any organization. With numerous vertical platforms, Markethive combines the best elements of Social Networks (like LinkedIn and Facebook) along with Marketplaces (akin to Amazon and eBay) plus a portfolio of software tools (SaaS as with Adobe) complete with blogging, automated and content marketing (like Hubspot and Marketo).

Opportunities for Market Networks exist wherever there are groups of service professionals supporting industry verticals. Organizing business operations in this way can potentially produce a powerfully significant outreach which subsequently influences hundreds of millions of consumers.
 

This Baby Is On Blockchain

The complete Markethive ecosystem is built on the Blockchain with its own cryptocurrency coin (MHV) making it a true eco-center. The Social Media we’ve come to know and use for the last 10 years is now filled with controversy and very limited in what it offers its users. It’s become obvious that social media and marketing platforms has no choice but to evolve facilitating a business and commerce friendly Social Market Network environment on blockchain or risk becoming irrelevant. 

More and more people are getting fed up with the lack of privacy and intrusive behavior of the tech giants and are migrating to Markethive where they are realizing what Markethive has to offer and their potential within this dynamic platform. Also, there are more people than ever trying to make a living online. We are talking about the little guy and gal or the rank and file that up until now have found it extremely difficult to find the business success or financial freedom they seek. Instead, they have lost thousands in some cases and have been on a proverbial merry go round resulting in devastation and a tremendous lack of confidence. 

Markethive is experiencing 30 – 40% growth per month at present and it is still in Beta. It has been developing for over 20 years and was initially the successful Automated Marketing Platform known as Veretek. Since the advent of Blockchain, the company has evolved into a blockchain-based foundation and Markethive was born. This defies the vernacularisms of Social Networks today and is the next generation where privacy, free speech, and personal sovereignty are paramount and the new reality for everyone who becomes part of the Markethive Community. 

 

Markethive Community Is Raking In MHV

Right now we are in the accumulation phase of the Markethive Coin (MHV). Every active Associate in Markethive is currently building their portfolio of coin ready for the launch of the Markethive Exchange and Wallet. This doesn’t mean we just buy the coin. It means we earn it by way of Infinity Airdrops and matching bonuses when inviting new prospects. Also via a faucet system paid for every activity on the platform.

Another upside is Tips instead of Likes. Having your posts and activity “LIKED” has become detrimental to the avid user of Social Media. It’s addictive due to the endorphins released by the attention or notoriety. This is proving to be dysfunctional at an alarming rate. Tipping is more likely to give you a sense of worth on many levels, not to mention a healthier, wealthier looking wallet. I know what I’d rather have. 

 

The Tip Of The Iceberg

This is just the tip of the iceberg. There are so many facets to Markethive, many are operative now and others in the works. Check out this blog to learn about the Faucet and Hive Rank.

There are many more incentives and opportunities to earn and have complete sovereignty and given that Markethive is gamified makes it not only lucrative but also fun. 

With the growth of the crypto industry now getting back on track and the fact that Markethive has survived the crypto winter, the platform is not only stable but thriving. The next few months are focused on bringing many new upgrades, enhancements, also planned and new services. 

It has gone down in history that 2017 was the year of the scams. 2018 was the year of the purge where a great shakeout occurred. Now 2019 is the year where genuine companies will shine. Markethive has survived and is getting ready for takeoff. 

 

Conclusion 

This next-generation baby is a central hub built using Blockchain Technology and an upcoming Media Content Publisher (News and Press Release Site). Markethive is a decentralized, autonomous and fluid environment designed to encourage a reciprocal interchange of ideas, knowledge, and skills, also providing for exchange, sales or purchases of goods, services, and commodities. Whatever your purpose or business, whether you read or write blogs, post or comment on others’ posts, in fact, anything you do in Markethive you will be rewarded with Markethive Coin, in turn creating the velocity and soon to have liquidity through the Markethive Exchange. 

With a history of over 20 years of Inbound Marketing, Including SaaS, CRM, and CMS, Markethive does have the edge and is on track to bring proven products and services to a much needy market. This futuristic model is here now and fully prepared for the future. Hop on board and let Markethive take you to the moon. 

 

To finish off, here’s a sweet little lullaby. This rendition was created by CEO and Founder of Markethive Thomas Prendergast. Enjoy! 

 

FOLLOW US ON…

Website: https://markethive.com 

Token Site: http://markethive.io/ 

Telegram: https://t.me/markethive_support

Twitter: https://twitter.com/markethive/

Github: https://github.com/markethive /  

Reddit: https://www.reddit.com/r/markethive/  

Crunchbase: https://www.crunchbase.com/organization/markethive

Medium: https://www.medium.com/@markethive

Bitcointalk: https://bitcointalk.org/index.php?topic=3309067.msg34535452#msg34535452 

Telegram News: t.me/Markethive

LinkedIn: https://linkedin.com/company/Markethive

Facebook: https://facebook.com/MarketHive

Youtube: https://youtube.com/Markethive

 

ecosystem for entrepreneurs

 

 

 

David Ogden
Entrepreneur @ Markethive, a global Market Network. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 
 

 

David Ogden – Http://markethive.com/david-ogden

How Many of You treat Markethive as Your Business?

How Many of You treat Markethive as Your Business?

 

I ask this question because the majority of you are still free members and if you are involved in a business, it stands or fails on 3 legs. Time, effort and Money. If one of these are missing the business will fail.

Now some people are putting in time and effort and doing quite well collecting MHV. But you also need to have a monetary stake in your business. A Stake marks your intension to take the business seriously.

I showed in a previous post how to change your spending habits, so as to afford $100 a month. So what do you get from your Markethive business.

1. Premium leads and Associates who can join from Customised capture pages.

2. Autoresponders to communicate.

3. Matching bonuses of MHV when people join or upgrade.

4. Unlimited banners to advertise your own or someone's business.

5. 1/10th of an ILP for every completed year of membership.

Each of there five items could cost you at least a $100 month

So come on Guys and Girls, step up to the bar

Your monthly subscription will provide funding to bring the final pieces of Markethive online, including the Multi-facet Wallet.

 

David Ogden

Entrepreneur @ Markethive

David Ogden – Http://markethive.com/david-ogden

The Importance Of The Markethive Link Hub And Tracking

The Importance Of The Markethive Link Hub And Tracking

The Markethive Link Hub is built into the Profile page to enhance and assist in your primary SEO goals. Connected via your Backlink Management system, you have the options to include as many of your backlinks to be displayed via your Profile Link Hub. Optionally included in this Link Hub, are your Word Press blogs, social accounts, and the literally 1000s of other forums, accounts, bookmarks, and miscellaneous systems available throughout the Internet. 

 

What is SEO?

SEO is short for “search engine optimization”. Search engine optimization is a methodology of strategies, techniques and tactics used to increase the number of visitors to a website by obtaining a high-ranking placement in the search results page of a search engine (SERP) — including Google, Bing, Yahoo, and other search engines.

SEO involves a range of tactics which may include blogging, backlinks, changes to your website copy, improving how quickly your website loads and changing how certain things on your website are labeled. When done well, it’s a long term strategy that can drive people to your website without the use of paid advertising.

Search engine optimization is important because users trust search engines and having a presence in the top positions for the keywords the user is searching, increases the web site's trust. SEO is good for the social promotion of your web site.

Top keywords are:

  • markethive

  • markethive blockchain

  • markethive sign up

  • markethive blockchain news

  • markethive coin

It’s recommended you only put a maximum of 3 keywords in each of your blogs or posts. 

 

 

How SEO works:

There are many factors that help a search engine determine what goes on Page One of the search results. A couple of very important factors include:

Backlinks

Backlinks are what gives your website authority. The more high-quality websites that link back to your website, the higher you will rank in search engines. For example, if your business is featured in news.com or yahoo.comand the article includes a link to your website, Google sees this as a backlink and uses it as a ranking factor for your website. Backlinks are a major metric for the ranking of a webpage. A page with a lot of backlinks tends to rank higher on all major search engines. With Markethive’s Backlink Management System, you can be assured this will help towards your goal increasing your presence online.  

NOTE: If a link displays a red cross instead of a tick, it is still working as intended. It means the site has a no-follow link. No-followed links are not a direct impact, but potentially a very powerful, indirect way to get lots of good links and lots of good SEO value. They open up opportunities for you to gain follow links. 

So don’t discount No-follow links. The benefits are twofold. They provide more of a variety in your link profile and Google loves that.  Also, whether it’s found in an insightful tweet, expert advice on Quora or an in-depth blog comment, a No-follow link can make a difference. There’s always someone out there looking for a resource-loaded site to link to.

 

Content

High-quality content whether it be articles, videos and product pages that answer a person's search queries can help your website appear higher in search engines. Publishing unique and quality content is a crucial part of retaining visitors on your blog. It’s not only important to get new visitors. Giving people a reason to come back and visit your website is what is going to give you a good boost in increasing Alexa rank and SEO. Share your content on Social Media. Just about everyone is active on the internet through social media. Also, submit to other sites such as Dig, Reddit, Delicious, Stumbleupon, and Tumbler, etc. Markethive accommodates this sharing facility which will achieve a reach into the millions.   

 

The Backlink Tracking System At Markethive

Backlinks are an important component to achieving and maintaining optimal SEO results. Establishing good backlinks on authority sites can require a committed ongoing effort. But once you successfully do so, it's just as important to monitor that website to confirm your link remains active.
The Backlink Tracking system allows you to organize and catalog each new link account and categorize them according to your marketing campaigns, or country or type of site (social network,  and Target Sites they are associated with. Staying organized is the first step to properly managing your backlink portfolio.
But the system goes one step further and will actually monitor each of your backlinks for you! Each day it will verify that your link still exists and if not, will notify you so you can take corrective action. This cuts down the time normally required to manually verify your links to ensure each one is active.

 

Track It All Through Markethive’s Tracking System

Every aspect of Markethive tracks your incoming tracking and reports. This tracking is built into your Profile page, your blogs, your capture pages, your WP plugins, giving you virtual full data on all your assets. From the daily activity report, Geographic map of connections, Device type, Bounce rate, referrers, Keywords, and Social Networks traffic.

 

 

Asset Map 

Internet assets can be considered to be your social networks, forum posts, WordPress blogs, capture pages, websites, social bookmarks, etc. SEO utilizes these and their backlinks. Proper backlinking optimizes your results. The asset map allows you to visualize your backlinking layers and structures for your SEO strategies and campaigns.

This tool along with the Backlinking tool is invaluable in a sophisticated SEO campaign.

 

 

Markethive Seeing Rapid Growth

  • Given Markethive’s social and collaborative nature, gamification and rewards in MHV coin, the content-rich platform created and published by users, along with personalization have seen exponential and rapid growth to date…
  • Markethive has been in BETA for 4 years and at the end of 2018 had 2,000 members, to date we are approaching 20,000 members.
  • At the end of 2018, Markethive was generating about $1,800 per month in revenue, to date we are approaching $10K in monthly recurring revenue.  We also have added 4 more revenue streams. We are increasing our revenue at a rate of approx. 30%-40% each month.
  • Per Clouldflare.com and Oneall.com, Markethive has members in 187 countries. 
  • Per Worthofweb.com Markethive.com domain’s raw worth is $1.98M up from 950K at the end of 2018.
  • Per CoinRanking.com Markethive’s consumer coin has a market cap of $18.7B.
  • Per Alexa rating, we have risen to 7th in the category of Blockchain Media sites with an Alexa rating of 18,600, up from 50,000 at the end of 2018.
  • According to Cloudflare statistics, Markethive.com is receiving 50,000 unique visitors a day and over 1M page hits each day.

 

Conclusion

Markethive is a decentralized, autonomous, fluid environment which includes manifestations of intellectual achievements, social habits, innovation, music, literature, technology, commerce, and the arts. A central “hub” built using blockchain technology, is designed to encourage “reciprocal interchange” of ideas, knowledge or skills as well as providing for exchange, sales or purchases of goods, services, and commodities. 

With a history of over 20 years in Inbound Marketing, including SaaS, CRM, and CMS, Markethive does have the edge and is on track to bring proven products and services to a much needy market. It is essentially the process of attracting prospects via content creation, creating brand awareness and integrity leading to a healthy relationship with the customer.

This futuristic model is here now and fully prepared for the future, truly representing a prime example of the next generation = Market Networks. Markethive has the road map and is the blueprint of where things are headed.

ecosystem for entrepreneurs
 

 

David-ogden

Entrepreneur at Markethive, a global Market Network. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

FOLLOW MARKETHIVE ON…

Website: https://markethive.com 

Token Site: http://markethive.io/ 

Telegram: https://t.me/markethive_support

Twitter: https://twitter.com/markethive/

Github: https://github.com/markethive /  

Reddit: https://www.reddit.com/r/markethive/  

Crunchbase: https://www.crunchbase.com/organization/markethive

Medium: https://www.medium.com/@markethive

Bitcointalk: https://bitcointalk.org/index.php?topic=3309067.msg34535452#msg34535452 

Telegram News: t.me/Markethive

LinkedIn: https://linkedin.com/company/Markethive

Facebook: https://facebook.com/MarketHive

Youtube: https://youtube.com/Markethive

David Ogden – Http://markethive.com/david-ogden

Millennials Next Financial Investors Going Crypto What Does That Mean For Gold and Fiat?

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Millennials Next Financial Investors Going Crypto. What Does That Mean For Gold and Fiat? 

The CEO of Digital Currency Group, Barry Silbert, clarifies his reasoning why the game changer’s of tomorrow are outfitting to dump gold for Bitcoin and other advanced resources. 

Silbert's Grayscale Bitcoin Trust, which permits regular financial specialists access to BTC, increased 192% in the second quarter of 2019, surpassing all other funds for the first half of the year. As an early Bitcoin speculator, Silbert has a long-term outlook on the rising innovation of technology, having viewed cryptocurrency fluctuate aggressively through many bull and bear cycles. Presently, by checking the quickly thriving enthusiasm among institutional financial specialists, he accepts gold's status is firmly deteriorating. 

The main concern and bottom line as to the state of gold is it’s clunky, bulky, inconvenient and not conducive to smartphones – not really a Millennial thing, who shop on Amazon, hail rides on Uber, search information on Google, make companions on Facebook, get together on Tinder, stream programs on Hulu, tune in to music on Spotify and track their pulses on a Fitbit.

Silbert is sure the appeal that gold did have will relinquish, right along with physical dollars. He states

“It’s clear that money is going digital, and it’s clear that in the future, physical cash is going to go away. And it’s also clear based on history that fiat currency tends to not exist into perpetuity. The average life of fiat currency over the past 500 hundred is 27 years. So what that means is, on average, in 27 years, a government will destroy their currency or devalue their currency, typically through debasement or through war.”

Silbert says he doesn’t see Bitcoin replacing the US dollar in the short term, but he recognizes we are seeing a changing tide in places like Venezuela, Argentina and other countries with struggling economies where cryptocurrencies have certainly gained a place and paved the way for further development in these challenged economies. 

“It’s clear that something other than the local fiat currency would have real demand and real appeal.”

Barry Silbert shares,

“I think what many gold investors don’t seem to appreciate is that the next generation of investors, the next generation of asset allocators, do not view gold the same way that our parents or grandparents did.”

“Over the next couple of decades, there’s an estimated $68 trillion of wealth that’s going to be handed down. That’s just in the US. That $68 trillion is going to be handed down from Baby boomers to Gen X and Gen Y and Millennials. I’m absolutely convinced that whatever of that $68 trillion is currently in gold, it’s not going to stay in gold. I’m not saying it’s going to Bitcoin but I know it’s not going to stay in gold. So if gold stops performing the way gold investors think it should in periods of high inflation or macro-economic dislocation, I think it’s game over. I think the next generation of investors is going to put their money elsewhere.”

While the 487,000 gold bars weighing in at 6,190 tons or around 12.4 million lbs the Federal Reserve Bank of New York holds for its clients such as the US government, foreign governments, central banks, and other institutions, it continues to decline. The growing number of bitcoin and cryptocurrency supporters declare crypto is a far superior way to store wealth. It’s portable, lightweight and traceable and not held by any conglomerate. 

Over the last 10 years since the advent of Bitcoin, Society has gone through 5 different phases. First, there was denial, then skepticism, then an intellectual curiosity coming through to believing in the new currency and finally evolving into evangelists where cryptocurrency is seen for the greater good it can accomplish for the people en masse. 

 

Necessity Is The Mother Of Invention 

Necessity being the mother of invention has brought forth visionaries, architects and originators of technology to rise up with the purpose of benevolently wanting to see the world a better place. This is now proven as the unbanked and struggling countries experience a better economy, autonomy and financial freedom that was sorely lacking. 

We’ve seen how our privacy has been invaded and free speech curtailed to the point where some lost their livelihood due to being deplatformed from the tech giants of social media. Free enterprise is diminished by the monopolies, and yet there are more people than ever trying to create a home-based business. Many of us strive for a better life for our families and endeavor to seek opportunities that the technology of today can bring. But who do you trust? Is there a place of integrity where the entrepreneurial mindset is revered, not just for the elite or professional, but for the little guy and gal looking to free themselves from the tyrannical pressures? Yes, there is. Read on… 

 

Markethive – A Step Ahead Of The Rest

Markethive and its creator Thomas Prendergast envisioned what has come to pass is the balkanization and autocratic style and behavior of the very influential tech giants that have monopolized the social media and marketing space since the early noughties. What may have been good intentions is becoming a disaster for humanity on every level. 

CEO and Founder of Markethive Thomas Prendergast says,

“Markethive is a philanthropic endeavor. To give, not take. To help not exploit. Markethive is a safe, secure, generous, unique and simply the most powerful marketing social network an Entrepreneur could have. Markethive is an easily understood, gamified, monetized and incentivized to bring the connection back to humanity to really help share and grow each other. We have a culture and a system whereby all users are rewarded for their activity instead of being stripped of everything we do by the social media monopolies for their own gain. The Markethive platform can be utilized by everyone.”

Markethive is the first Social Market Network to be built on the Blockchain. What that means your privacy is ensured, freedom of speech and autonomy is paramount. Markethive has listed its coin (MHV) on an exchange while still in beta until its own exchange and wallet is implemented. 

When I asked what impact will this coin have and how is it utilized for the benefit of all in the Markethive Ecosystem, this is what Thomas had to say,

“The Markethive coin will not be dependent upon speculative value as is the case with other cryptocurrencies and platforms, thereby creating eternal economic velocity in the entrepreneur ecosystem within Markethive. This is a fundamental difference to the other systems currently out there today.  The Markethive system has been developed to produce revenue in the traditional sense with the added benefits of the blockchain taking it to the next level.”

He went on to say, 

“The Markethive Coin is a Consumer coin, is being utilized within the Markethive exchange by way of airdrops and the faucet system which rewards associates using the platform, so the coin is used within the commerce of the system thus creating the velocity. The Revenue is a vehicle that is used to buy the Markethive coin back in the free market so it can be redistributed into the economic vortex of the system. Once the Markethive Exchange and wallet are introduced that will allow Markethive Members to convert their coins to a number of strong cryptocurrencies including Bitcoin and fiat. So now is a perfect time to accumulate your coins” 

Thomas concluded by saying, 

 “My vision is to empower and bring prosperity to every living soul with a purpose. Even if that purpose is only to be free from the shackles of the Social Media tyranny we all face. This is a new era with the evolution of technology. It is the next generation.”

“Markethive will be huge. We got things rolling years ahead of others” 

People are now flocking to Markethive. They see what this system is capable of and how they can benefit. Even though Markethive is still in Beta, the Inbound Marketing tools that are forever free, by the way, are operational and the social entrepreneurial culture is alive and well. The launch is set for the 4th quarter of 2019 after 4 years of implementing the Blockchain and perfecting this state of the art system. This is the next generation of all things Social Media and Market Network. 

 

ecosystem for entrepreneurs

 

Published on https://news.livecoinwatch.com/millennials-investors-going-crypto/

 

 

David Ogden
Entrepreneur at  Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

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David Ogden – Http://markethive.com/david-ogden

The Fall of Big Data The Rise of the Blockchain Economy

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The Fall of Big Data, The Rise of the Blockchain Economy

There is life after Google says, George Gilder…

Since becoming famous with the arrival of the international bestseller Wealth and Poverty in 1981, George Gilder has remained an artistic pillar in the world of politics, economics, and more so, as of late, technology/innovation. Gilder is an energetic author and correspondent covering not only where we are as a society today, but where we’re as of now heading also. Previously, Gilder has honed in on the innovations of the future and anticipated the diminution of technology that basically isn’t staying aware of the way society is developing.

As an intense author and maybe a periodical polemicist, Gilder is definitely already known to many perusers from his other works, including titles like Microcosm, Life After Television, Telecosm, and the Silicon Eye. Despite one’s own sentiments on his other work as it identifies with social analysis, there’s no denying Gilder’s poignant presence in the world of financial matters, particularly from the conservative-libertarian side of things, and his tech-focused visions for what is to come. With regards to economics, Gilder has even gone so far as to earn the label of being the most referred to author alive, by former President Ronald Reagan.

In his most recent book, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy, Gilder is now again examining the way humankind relates with technology and how it influences the lives of end-users. We’re existing at a point in history where such a large amount of what we do, what we see, and what we utilize is controlled by an increasingly smaller group of individuals. Gilder doesn’t like that and, more importantly, doesn’t think it’s useful for civilization.  Google appears to dominate nearly every aspect of so many individual’s lives, Gilder sees an essential shift in the future. A move away from centralized authority and domination of so much of the internet today. A shift instead to a decentralized method of connecting and communicating with the world around us; a “great unbundling,” perhaps.

Security, Blockchain, and the Coming Disruption

Eventually, Gilder sees a future beyond Google where things are decentralized and blockchain innovation assumes an indispensable position in the manner in which we interact as a society. For Gilder, one of the other worrying aspects of the centralization in the case of Google is the absence of an emphasis on security. Gilder unequivocally expresses that security in a framework isn’t merely an afterthought. It shouldn’t be a patch or an addition made to a platform, but rather a foundation of the platform to begin with. At the end of the day, the question of security is really one of Architecture to Gilder.

In Google’s case, the organization has possessed the capacity to escape without that foundational basis because of how they’ve inverted the traditional relationship between company and consumer. Gilder sees this as a crucial mistake on Google’s part. Basically, Google has changed the relationship between customers and companies which places the would-be consumers in a position significantly more similar to a commodity.

According to Gilder, there is aspiration with the approach and presentation of blockchain technology (a glaring difference to Google’s framework which isn’t security-established in its engineering). Really, blockchain isn’t so much a “hope” as it is a natural progression. The current model practiced by companies like Google won’t be able to survive on its own. To be sure, we’re in for an incredible  “unbundling.” Big Data ie, Google operates from control and when they can’t control data they will fail.

Unlike Google’s model, Blockchain technology is essentially based on security. Instead of being an afterthought for a network, it’s a crucial component of how the network is formed in the first place, something undeniably more sustainable in Gilder’s eyes. Ultimately, blockchain technology is exactly the kind of impetus that can lead society to a more decentralized, provable, and trustless future. In contrast to huge organizations with walled gardens, blockchain allows for large distributed systems that aren’t controlled by a third party and can remain stable without one crucial failure point.

A distributed system that is unalterable and can’t be tampered with by an overshadowing authority has extensive-scale significance. Whether pertaining to legal records, property deeds, financial transactions, or any other type of data imaginable, blockchain technology can offer a framework more secure and immutable than those before it. Simply put, blockchain is the future:

George Gilder, featured in the video, is one of the tech world’s more famous and controversial prophets, serves on the board of directors of several technology companies. He believes we can say goodbye to today’s internet and welcome a new “system of the world” that enables a new global economy founded on a new form of internet money and micro-payments, where new companies will emerge to lead the new era.

Will This Effect Social Media Platforms?

Decentralized data will also frustrate social media platforms because they will have no control. Should these platforms go the route of incorporating blockchain technology, will probably be to its demise as they thrive on the data they collect. It would also be a monstrous undertaking considering blockchain really needs to be foundationally introduced, not an add-on. It would seem that technology has somewhat left them on the shelf.

We have a future here where we can operate on a platform of decentralized data. The next 10 years will be about Market Networks.

Markethive is a next-generation Social/Market Network, built on the Blockchain that has positioned itself as a complete ecosystem for Entrepreneurs. Using the latest technology, it provides prosperous solutions for all business owners, marketers, commercial artists who require an online presence.

Markethive’s functionalities include SEO features, Analytics, Customer Management System, Traffic Portals, Capture Page and Lead Creation, Profile Page, e-commerce portals, video conferencing, Blogging Platform and much more. Also included are significant training tutorials and weekly live support meetings.

Focused on Inbound Marketing, Markethive plugs into all Social Media, simplifying your marketing efforts, with automated email campaigns allowing for lead flow into your designated business. Markethive incorporates collaboration building relationships within the community.

 

Markethive is a social market platform that is essentially a hybrid between the Social Networks, Inbound Marketing, eBay eCommerce, Crypto Exchanges and now a Digital Media site like Cointelegragh. With a consistently improving Alexa Ranking currently at 19,861, it just makes sense to include every aspect to assist your marketing and collaboration efforts. No other alternative utilizes the blockchain the way Markethive does. 

Inbound marketing is one of the most sought-after attractive marketing strategies in business today, yet managing a successful campaign requires a high demand of human and technical resources. Here is a platform that can enable you to create, advertise and broadcast, plus evaluate your content’s success effortlessly with complete control and privacy. 

Not only are Markethive’s inbound marketing tools free to utilize for your business, you actually get paid for learning and using the system. Markethive embraces gamification thus making it fun and more rewarding by way of the loyalty and bounty program, so not only are you gaining quality leads and customers for your business, you are creating extra income, brand and personal presence in the one and only Ecosystem For Entrepreneurs – Markethive 

 

ecosystem for entrepreneurs

 

David Ogden  Entrepreneur at Markethive

Telegram @davidogden

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Japan’s Next Economic Boom Will Be Bitcoin And Blockchain Fuelled

Japan's Next Economic Boom Will Be Bitcoin And Blockchain Fuelled

 

Japan's economy — which for years has struggled to return to its 1980's growth levels — could be about to boom once again, thanks to bitcoin, cryptocurrency and blockchain technology.

At the Japan Blockchain Conference this week in Tokyo (the first if what's expected to become a yearly event) the chief executive of financial services giant SBI Holdings Yoshitaka Kitao said he is betting that blockchain related technologies will fuel the next boom for the Japanese economy after decades of economic malaise.

In the 1970s, Japan had the world's second-largest GDP after the U.S. and this boom continued through to the 1980s. However, by the early 1990s Japan's economy had stalled, plunging the country into what has been called the "lost decade" of growth.

It has previously been suggested Japan's economy could be kick started by a "technological boom."

Improved mobile connectivity through the long-awaited 5G technology, along with the Internet of Things (IoT), rapid increases in computing power and artificial intelligence, could combine to trigger an economic boom, which Japan is well placed to lead the way in.

SBI is investing in companies in Japan and across east Asia through its $460 million so-called AI & Blockchain Fund, established earlier this year.

"We want to take blockchain beyond financial," Yoshitaka Kitao said. "There's a lot of speculative demand around cryptocurrencies, which is why the price is going up so quickly, but people need to think about how these technologies are being used in real life and how they can improve people's businesses."

Earlier this year it was revealed SBI is planning to launch a cryptocurrency exchange this summer and has also invested in a renewable energy wind farm to begin mining Bitcoin Cash — which Yoshitaka believes is more viable than the original bitcoin.

"Bitcoin is too expensive and people are just holding it and hoping it increase in value," said Yoshitaka.

Aaron McDonald, the chief executive of decentralised app marketplace Centrality (which closed a $80 million initial coin offering (ICO) earlier this year), expects Japan and east Asia to be the core driver of global bitcoin, cryptocurrency, and blockchain adoption.

New Zealand-based Centrality's ICO was predominantly bought by investors from Japan, where one third of adults have used a cryptocurrency wallet.

"We're focused on the region because people in Japan are far further ahead than the rest of the world when it comes to blockchain and crytocurrencies," said McDonald.

A spokesperson for blockchain investment advisory company CTIA, one of Centrality's major investors, said: "If blockchain is integrated into the Japanese market it will be a great tool and prevent the market from declining."

 

This week it was announced Centrality has secured a partnership with China tech giant InfiniVision and Japan-based Jasmy — founded by the former president of the Sony Corporation.

 

However, there are fears heavy-handed regulation could suffocate the blockchain and cryptocurrency industry in Japan, with the government clamping down on crypto exchanges earlier this year in the wake of a number of high-profile thefts.

Fears of a global regulatory crackdown have contributed to a sharp fall in the bitcoin price in 2018, after a rapid rise last year.

The likes of illegal ICOs, money laundering, tax evasion, thefts, exchange outages, excessive speculation have all become a worry for regulators this year.

While Japan has broadly chose a more accommodating approach to blockchain and cryptocurrencies, last year introducing a law that resulted in 16 licensed trading venues, in early March it also cracked down, penalizing six exchanges and telling another to revise its management structure among other changes.

 

Billy Bambrough , CONTRIBUTOR

David Ogden – Http://markethive.com/david-ogden

Blockchain’s Once-Feared 51% Attack Is Now Becoming Regular

Blockchain's Once-Feared 51% Attack Is Now Becoming Regular

Monacoin, bitcoin gold, zencash, verge and now, litecoin cash.

At least five cryptocurrencies have recently been hit with an attack that used to be more theoretical than actual, all in the last month. In each case, attackers have been able to amass enough computing power to compromise these smaller networks, rearrange their transactions and abscond with millions of dollars in an effort that's perhaps the crypto equivalent of a bank heist.

More surprising, though, may be that so-called 51% attacks are a well-known and dangerous cryptocurrency attack vector.

While there have been some instances of such attacks working successfully in the past, they haven't exactly been all that common. They've been so rare, some technologists have gone as far as to argue miners on certain larger blockchains would never fall victim to one. The age-old (in crypto time) argument? It's too costly and they wouldn't get all that much money out of it.

But that doesn't seem to be the case anymore.

NYU computer science researcher Joseph Bonneau released research last year featuring estimates of how much money it would cost to execute these attacks on top blockchains by simply renting power, rather than buying all the equipment.

One conclusion he drew? These attacks were likely to increase. And, it turns out he was right.

"Generally, the community thought this was a distant threat. I thought it was much less distant and have been trying to warn of the risk," he told CoinDesk, adding:

"Even I didn't think it would start happening this soon."

Inside the attacks

Stepping back, cryptocurrencies aim to solve a long-standing computer science issue called the "double spend problem."

Essentially, without creating an incentive for computers to monitor and prevent bad behavior, messaging networks were unable to act as money systems. In short, they couldn't prevent someone from spending the same piece of data five or even 1,000 times at once (without trusting a third party to do all the dirty work).

That's the entire reason they work as they do, with miners (a term that denotes the machines necessary to run blockchain software) consuming electricity and making sure no one's money is getting stolen.

To make money using this attack vector, hackers need a few pieces to be in place. For one, an attacker can't do anything they want when they've racked up a majority of the hashing power. But they are able to double spend transactions under certain conditions.

It wouldn't make sense to amass all this expensive hashing power to double spend a $3 transaction on a cup of coffee. An attacker will only benefit from this investment if they're able to steal thousands or even millions of dollars.

As such, hackers have found various clever ways of making sure the conditions are just right to make them extra money. That's why attackers of monacoin, bitcoin gold, zencash and litecoin cash have all targeted exchanges holding millions in cryptocurrency.

By amassing more than half of the network's hashing power, the bitcoin gold attacker was able to double spend two very expensive transactions sent to an exchange.

Through three successful attacks of zencash (a lesser-known cryptocurrency that's a fork of a fork of privacy-minded Zcash), the attacker was able to run off with about more than 21,000 zen (the zencash token) worth well over $500,000 at the time of writing.

Though, the attack on verge was a bit different since the attacker exploited insecure rules to confuse the network into giving him or her money. Though, it's clear the attacks targeted verge's lower protocol layer, researchers are debating whether they technically constitute 51% attacks.

Small coins at risk

But, if these attacks were uncommon for such a long time, why are we suddenly seeing a burst of them?

In conversation with CoinDesk, researchers argued there isn't a single, clear reason. Rather, there a number of factors that likely contributed. For example, it's no coincidence smaller coins are the ones being attacked. Since they have attracted fewer miners, it's easier to buy (or rent) the computing power necessary needed to build up a majority share of the network.

Estimated Profitability of 51% Attacks

Further, zencash co-creator Rob Viglione argued the rise of mining marketplaces, where users can effectively rent mining hardware without buying it, setting it up and running it, has made it easier, since attackers can use it to easily buy up a ton of mining power all at once, without having to spend the time or money to set up their own miners.

Meanwhile, it's grown easier to execute attacks as these marketplaces have amassed more hashing power.

"Hackers are now realizing it can be used to attack networks," he said.

As a data point for this, someone even erected a website Crypto51 showing how expensive it is to 51% attack various blockchains using a mining marketplace (in this instance, one called NiceHash). Attacking bytecoin, for example, might cost as little as $719 to attack using rented computing power.

"If your savings are in a coin, or anything else, that costs less than $1 million a day to attack, you should reconsider what you are doing," tweeted Cornell professor Emin Gün Sirer.

On the other hand, larger cryptocurrencies such as bitcoin and ethereum are harder to 51% attack because they're much larger, requiring more hashing power than NiceHash has available.

"Bitcoin is too big and there isn't enough spare bitcoin mining capacity sitting around to pull off the attack," Bonneau told CoinDesk.

But, while Crypto51 gives a rough estimate, ETH Zurich research Arthur Gervais argued to take the results with a grain of salt, since it "ignores" the initial costs of buying hard and software. "Thus, the calculations are oversimplified in my mind," he added.

The solution: a longer wait

Gervais further argues it's worth putting these attacks into context. Though a 51% attack is perhaps the most famous cryptocurrency attack, it's not necessarily the worst in his mind.

He pointed to other malicious bugs, such as one found in zcoin, where, if exploited, a user would have been able to print as many zcoin as they would like. But 51% attacks are still troubling since they can still be worthwhile sometimes, impacting exchanges or whoever happens to be in the crosshairs of the attacker.

"As an industry, we have to put an end to this risk," Viglione said, pointing to efforts on zencash to stop this from happening again.

Either way, one way for users or exchanges to make sure they aren't defrauded is to only accept money that's older, or has been buried by more blocks of transactions, called "confirmations." The more confirmations there have been, the harder the funds are to steal in a 51% attack.

Initially, exchanges where bitcoin gold was stolen required only five confirmations, and the attacker was able to reverse all of them with their hashing power. In response to the attacks, they have upped the number of confirmations to 50, which has successfully plugged up the attacks, at least for now.

Because of this, developers and researchers contend bigger blockchains with more hashing power behind them are more secure since they require fewer confirmations.

As bitcoin entrepreneur John Light put it:

"Remember this next time someone tells you they use altcoins because they're 'cheaper' to use."

 

 

Alyssa Hertig Jun 8, 2018 at 04:00 UTC

David Ogden – Http://markethive.com/david-ogden

JPMorgan Looks Into Crypto Months After Their CEO Called Bitcoin ‘Stupid’ and ‘Dangerous’

JPMorgan Looks Into Crypto Months After Their CEO Called Bitcoin ‘Stupid' and ‘Dangerous'

JPMorgan Looks Into Crypto Months After Their CEO Called Bitcoin ‘Stupid’ and ‘Dangerous’

Back in September of 2017, JPMorgan’s CEO Jamie Dimon called Bitcoin “stupid” and “dangerous.” Dimon also said if he caught anyone buying or selling Bitcoin he would “fire them in a second.” His words carry heavy weight as one of the most prominent voices in the global finance world.

However, it appears his opinion changed. JPMorgan is looking into the use of cryptocurrencies despite their purported threat to the bank’s current business model.

Oliver Harris was the bank’s former head of developing new financial technologies – now, he is looking into the risks and rewards associated with digital assets and blockchain technology as Bitcoin moves towards mainstream adoption.

The move may be related to JPMorgan’s competitor Goldman Sachs’ decision to hire Justin Schmidt, a trader specializing in exchanging cryptocurrencies. However, JPMorgan’s decision to look into blockchain assets is surprising, especially considering Dimon’s harsh remarks towards Bitcoin only nine months ago.

In January of 2018, Dimon recanted his prior statements when he told Fox he is open-minded with regards to blockchain assets:

“The Bitcoin to me was always what the governments are gonna feel about Bitcoin as it gets really big, and I just have a different opinion than other people. I’m not interested that much in the subject at all. The blockchain is real. You can have crypto yen and dollars and stuff like that. ICO’s you have to look at individually.”

in addition to researching cryptocurrency assets for the banking giant, Harris will also be leading Quorum, the bank’s in-house blockchain project. According to a report from Reuters’ Anna Irrera, JPMorgan is considering turning Quorum into an independent company.

Bitcoin has been growing at a rate of 165% per year for the past six years, according to Pantera Capital’s CEO Dan Morehead. Cryptocurrencies are becoming a hot commodity, and institutions such as JPMorgan and Goldman Sachs’ are finally looking for ways to get in on the action.

The CME and CBOE recently launched Bitcoin futures trading platforms– now, Goldman Sachs and JPMorgan are investigating cryptocurrencies as well. The acknowledgment of large banks and corporations toward the vast potential of blockchain technology is significant because it will increase awareness of the crypto scene.

 

Author Jacob Tuwiner

 

Posted by David Ogden entrepreneur

David Ogden – Http://markethive.com/david-ogden

Bitcoin Cash makes waves as it becomes available on Coinbase – and then halts trading

Bitcoin Cash makes waves as it becomes available on Coinbase – and then halts trading

Bitcoin Cash makes waves as it becomes available on Coinbase – and then halts trading

Bitcoin Cash, a fork of the more popular cryptocurrency that was created in August, is now fully supported on Coinbase’s exchange, so you can buy and sell the currency there – just not immediately.

Abbreviated as BCH, the currency showed Cash prices at roughly $8,500, or nearly three times higher than the value it commands on other exchanges (Coinmarketcap has it at $3,381 at the time of writing).

TechCrunch noted that the price surge was likely the result of a glitch, as no other exchange reflected a similar increase in value. Coinbase’s US-based sister exchange GDAX noted that it’s clearing BCH markets until 9AM PST on December 20. As such, Coinbase has halted BCH trading on its platform as well – though sends and receives are still possible.

The company noted that you should be able to buy and sell BCH again tomorrow, but didn’t say whether it determined what might have caused the hiccup.

Update: GDAX explained that it paused BCH trading owing to high volatility, and that order books will reopen on December 20 at 9AM PST.

 

Author ABHIMANYU GHOSHAL

 

Posted by David Ogden
David Ogden Cryptocurrency Entrepreneur

David Ogden – Http://markethive.com/david-ogden