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What is IOTA?
IOTA is a cryptocurrency that was born in 2015 by some experienced developers like David Sonstebo, Sergey Ivancheglo with the aim of putting blockchain technology at the service of i.o.t (internet of things, hence the name).
In case you were wondering, the internet of things is nothing more than the intelligent communication of multiple devices through the internet.
Amazon Echo and Google Assistant are examples of devices that can implement i.o.t. in the home environment.
IOTA was created to make these devices work more safely and seamlessly.
The operation is similar to bitcoin and uses a block structure for transaction confirmation called Tangle.
In the description of this video you will find some useful resources to start investing in cryptocurrency immediately in a profitable way.
The main difference of Tangle compared to the Bitcoin blockchain is that in IOTA each transaction constitutes a single block and therefore two confirmations are needed to validate a transaction.
Once again, with IOTA we find a cryptocurrency that guarantees higher transaction speeds than Bitcoin and Ethereum and the speed increases as users increase.
This makes IOTA a highly scalable crypto currency.
IOTA is the first crypto currency with zero transaction costs and currently its market cap is around $10 billion.
Is investing in IOTA Cash worthwhile?
As we always say, before investing in a crypto currency it is good to acquire as much information as possible.
That’s why we did a thorough research for you and collected all the possible advantages and disadvantages.
As you probably already know, the value of a cryptocurrency is closely related to the number of users using it.
Therefore, the more widespread IOTA is, the more its value will increase and this depends on how useful its technology will be.
- Some multinationals like Cisco and Volkswagen are already experimenting with IOTA and the city of Taipei is studying it to create Tangle-based ID cards.
- The Internet of things is a booming sector with a current market cap of about $212 billion with a forecast to reach $1,612 billion in 2020.
This means that if Tangle technology were to take hold, it would certainly have a booming market.
- Another very interesting factor is the IOTA community called ‘IOTA Ecosystem’ which aims to involve new developers who contribute to the development and dissemination of the project.
Despite this, IOTA has some aspects that should be analyzed.
Some illustrious names in the Crypto landscape such as Ehereum founder Vitalik Buterin and John McAfee have expressed their doubts about the validity of the Tangle technology.
In fact, it is a technology in development for which there is great expectation on the part of investors, but which is not yet mature.
Another point against it is its lack of presence on major global exchanges such as Bittrex and Poloniex.
Furthermore, it should be taken into account that IOTA may have competitors in the future and this may influence its diffusion process.
We reiterate the fact that the value of a cryptomoneta in the coming years will depend on the development of its technology, so to date it is difficult to predict exactly how it will develop.
What we recommend is to invest your capital in a diversified way on several cryptomonets in order to reduce the risk.
We also recommend that you rely on a certified and reliable platform for your investments.
To invest in IOTA we recommend that you subscribe to the Plus 500 platform, a world leader in trading with millions of satisfied customers worldwide. (see link in description)
With Plus 500 you don’t run the risk of seeing your capital disappear from one day to the next because it is a CySEC regulated platform officially authorized by the Financial Conduct Authority (FCA) with FRN 509909 license.
This is a transparency factor that few platforms are able to offer you.
The main advantage of Plus 500 is that you can invest both downwards and upwards and this allows you to earn on any market fluctuation.
If you don’t have much experience with trading, Plus 500 offers you a free demo account where you can take your first steps and learn how to trade profitably.
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Because of the abuses in our existing system, Bitcoin has developed a momentum. That momentum is becoming a manifest fate. That fate is that it will take its location together with nationwide currencies as the real world reserve currency.
This device is loaded with SMS(Short Message Service), MMS(Multi Media Service) and EMS(Improved Messaging). These services enable the user to communicate and share messages including text and sound with photo or video. A Predictive text provides easy and fast to use text input message. This handset permits the user to interact with others the messaging service.
You enter your search, press enter, see the results, choose a link and there is the info you were searching for. Simple? No, not easy at all. There is even more to it.
Presume it’s 11am and the EUR/USD currency pair is trading at 1.3480. You believe that it’s going to close at or above 1.3500 by 2pm today. For that reason you buy 10 binary call alternative agreements with that strike price, at an expense of $40 per agreement = $400 expense. You receive $100 for each agreement if the EUR/USD is at or above 1.3500 come expiration time.Listed below Cryptocurrency that you receive nothing.
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On the other hand the fantastic anxiety of the 1930’s in North America was caused by deflation. In the 1930’s the US dollar still had value because it was backed by gold and silver. It was invoice cash. A receipt that was backed by the gold and silver supposedly held in the Treasury vault. Back then the US federal government did not print a lot of money to prevent the depression because it was technically prohibited to do so without including more genuine cash – i.e. gold to the vault.
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Any computer with the right software application can be part of that system, supporting the network and inspecting. We need to open our eyes to what the federal government is attempting to accomplish ideal below our noses.
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