Posted by Crypto TREND Team


What is YOUR government going to do about crypto?

Many nations are now actively considering what to do about crypto currencies (CC’s), as they do not want to miss out on tax revenue, and to some degree they think they need to regulate this market space for the sake of consumer protection.  Knowing that there are scams and incidences of hacking and thievery, it is commendable that consumer protection is being thought of at these levels.  The Securities Exchange Commission (SEC) came into being in the USA for just such a purpose and the SEC has already put some regulations in place for CC Exchanges and transactions.  Other nations have similar regulatory bodies and most of them are working away at devising appropriate regulations, and it is likely that the “rules” will be dynamic for a few years, as governments discover what works well and what does not.  Some of the benefits of CC’s are that they are NOT controlled by any government or Central Bank, so it could be an interesting tug-of-war for many years to see how much regulation and control will be imposed by governments.

The bigger concern for most governments is the potential for increasing revenue by taxing the profits being generated in the CC market space.  The central question being addressed is whether to treat CC’s as an investment or as a currency.  Most governments so far lean towards treating CC’s as an investment, like every other commodity where profits are taxed using a Capital Gains model.  Some governments view CC’s only as a currency that fluctuates in daily relative value, and they will use taxation rules similar to foreign exchange investments and transactions.  It is interesting that Germany has straddled the fence here, deciding that CC’s used directly for purchasing goods or services are not taxable.  It seems a bit chaotic and unworkable if all our investment profits could be non-taxable if we used them to directly buy something – say a new car – every so often.  Perhaps Germany will fine tune their policy or re-think it as they go along.

It is also more difficult for governments to enforce taxation rules given that there are no consistent global laws requiring CC Exchanges to report CC transactions to government.  The global and distributed nature of the CC marketplace makes it almost impossible for any one nation to know about all the transactions of their citizens.  Tax evasion already happens, as there are several countries that provide global banking services that are often used as tax havens, sheltering funds from taxation.  By there very nature CC’s were born into a realm of scant regulation and control by governments, and that has both upsides and downsides.  It will take time for governments to work through all this by trial and error – it is still all new and it is why we tout CC’s and Blockchain technology as “game changers”.

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Acceptance and Volatility – are they related?

Governments and institutions all over the globe are increasingly paying attention to Crypto Currencies (CC’s) and the technology that underpins them all – Blockchain.  Some of the attention is negative, but on balance, it is clear that more and more of the attention is positive, supportive, and exploitive.  As the business and investment world becomes more aware of having a disruptive force in its midst, it becomes imperative to examine business processes in this new frontier and compare them to the relatively old, slow, and expensive processes they have now.  New technologies need new investment capital to grow, and with such growth comes spurts, false starts, and controversy.

Developments in the world of CC’s and Blockchain are coming along fast and furious as governments and institutions make efforts to harness the technology, tax all profits, protect their investments, and protect their constituents and customers – – a complex balancing act that goes a long way in explaining why many seem to be going in different directions, and changing directions frequently.  Here are a few of the latest developments that serve to illustrate that CC’s and Blockchain are gradually being accepted into the mainstream, but still grappling with regulation, control, and stability:

  • Uzbekistan will publish its plans to regulate Bitcoin in September 2018, with a Blockchain “skill center” set to begin operation in July.
  • Kazakhstan has signaled its desire to copy Singapore’s Blockchain permissiveness.
  • Belarus has announced it wishes to create a hospitable environment for Blockchain, as an innovative financial transactions technology.
  • Venezuela has created the “PETRO”, a CC created to raise cash as Venezuela approaches economic collapse.  The hope is that it will be a way around sanctions that prevent Venezuela from raising money in the global bond markets.  President Nicolas Maduro claims that the PETRO raised $735 million on its first day, a claim that has not been substantiated.  Maduro sees the PETRO as “the perfect kryptonite to defeat SUPERMAN” – his analogy of the US imposed sanctions, thinking that this currency frees his country from the grip of banks and governments.  Perhaps he does not see that the PETRO was initiated by a government – his.
  • TD Canada Trust has become the first Canadian bank to join with some UK and US banks in banning the use of credit cards to purchase CC’s.
  • South Korea is heading towards legalizing Bitcoin, indicating that it will be considering Bitcoin as a liquid asset.  Being that South Korea is at the forefront of the CC marketplace, the impact of their decisions will be significant and global.  Japan has already taken those steps, making Bitcoin trades more transparent, more regulated, and 100% legal.
  • BlackRock, the world’s largest investment company, continues its bullish forecast for CC’s, saying it sees “wider use” in the future.
  • Romeo Lacher, chairman of Switzerland’s stock exchange, believes there are a lot of upsides to releasing a crypto version of the Swiss franc, and his organization would be supportive, adding that he “doesn’t like cash.”
  • China’s largest online and brick and mortar retailer has announced the first four startups for its Al Catapult Blockchain incubation program. The Beijing-based program, which has seen candidates from as far afield as Australia and the UK, aims to use the company’s vast Chinese infrastructure to develop new Blockchain and artificial intelligence applications.

With all of the global to and fro activity, it is clear that Blockchain is the disruptive technology of this era, and CC’s are just a facet of the possibilities enabled.  Just like the Internet investment explosion of the 90’s, Blockchain and CC’s investments will have winners and losers, however, we do not want this to turn into the huge bubble that burst destructively with many early DOT COM investments in the 90’s.  What we do want to see is a well reasoned approach to Blockchain developments and investments. Crypto Trend will serve as your guide in this young market space, providing well reasoned recommendations and appropriate cautions.

Volatility will continue to be the norm in this market space for some time, as we see increasing acceptance, innovation, and regulation.  Failures will happen and successes will emerge, driving governments, institutions, investors, and innovators, to continually adjust their processes and their thinking.  Volatility is normal and healthy at this stage.

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If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here

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Can government really shut down crypto currencies?

Crypto Currencies (CC’s) are making inroads into the daily lives of more and more people every week.  While China has taken a contrarian stance, trying to curtail Crypto Coin marketplaces, most other countries are finding ways to embrace this market or at least consider positive ways to deal with it.  Clearly, most governments around the world do NOT want to miss out on the CC market as a rich source of revenue, so it is surprising that China has chosen to head in an authoritarian direction, perhaps believing that strict controls and prohibitions will be better for them.  History has taught us that prohibition does not work, especially when it provides the masses with something they really want – wine, beer, & spirits are still with us – under reasonable control worldwide.

Here is some of the latest evidence that CC’s are rapidly heading towards mainstream status in the investments marketplace:

  • Many Daily News shows now include a market recap segment with a full screen on Crypto Currencies, typically right after the Commodities recap screen.
  • Arizona, Wyoming, and Colorado are preparing to accept CC’s for tax payments.
  • In January, KFC Canada launched a limited time offer of the “Bitcoin Bucket” of chicken – the first major restaurant organization to utilize CC’s.
  • Two entrepreneurs in the UK have sold 50 new luxury apartments in Dubai for Bitcoin.
  • The Canadian Securities Exchange (CSE) has proposed a new blockchain based system of clearing and settling the purchase and sale of securities, aiming to provide real-time clearing and settlement, with low costs and fewer errors, compared to conventional services.
  • Ripple has an agreement with the Saudi Arabian Monetary Authority (SAMA) to support cross-border payment technology with banks in Saudi Arabia, to enable instant settlement of cross-border transactions, lowering barriers to trade and commerce.
  • Western Union is testing transactions with the use of RIPPLE’s (XRP) blockchain based settlement system, anticipating faster, cheaper, and more accurate money transfers.

Of course there are some who fear the integration of traditional fiat currency systems with the newly minted virtual currency systems.  One of those is Augustin Carstens, general manager of the Bank for International Settlements (BIS) who believes that Bitcoin is a bubble, a Ponzi scheme, a speculative mania, and an environmental disaster.  He also believes that CC’s are used a lot for money laundering and other criminal activities. He therefore is recommending strict regulation by all Central Banks, as CC integration could threaten the stability of financial institutions.

We see that we still have a “wild west” range of opinions and views about the CC market space, but we note that there is more and more evidence that the mainstream media and governments at all levels are acknowledging CC’s as a significant part of the financial landscape, a part that cannot be ignored or stifled.  We see the trend is toward having CC’s and Blockchain technology company stocks in a well balanced, forward looking investment strategy.

Investing in Blockchain & other new technologies

Even with all the wild swings in the crypto space, our Crypto Trend Premium portfolio is still up an average of 30.82% at the time of this writing. As the sector goes through its growing pains of weeding out the weaker players, just like in the internet boom, most of the of these players will fall by the way side, but in the end some real winners will emerge.

While there is a great deal of volatility in the crypto space, as an investor, you need to understand that the underlying blockchain technology is a disruptive technology that will impact a great many sectors.  As highlighted in our February 3rd blog, there are currently over 36 industries that are heavily investing in blockchain technology today.

Remember, disruption doesn’t happen overnight. Blockchain technology is still in its infancy, and a lot of the actual technology has yet to be perfected. Blockchain technology will supplement traditional industries, making them more efficient. We are certain that blockchain will transform the banking industry.

As investors, we believe that as blockchain, 5G, and other new disruptive technologies mature, solid long-term gains will be realized for those who are bold enough to be early participants.  We have evaluated dozens of blockchain and new tech companies and have a short-list that we are ready to pull the trigger on as soon as we see more stability in the general markets.

Thanks to the very timely warnings of both The Trend Letter and Trend Technical Trader for a global equity market pullback and/or correction, we have held off issuing any new recommendations until we get a BUY Signal for the general market, which could come anytime in the next few weeks.

If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here

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Visa says you can buy almost anything, except crypto currencies

The news this week is that several banks in the USA and the UK have banned the use of credit cards to purchase crypto currencies (CC’s).  The stated reasons are impossible to believe – like trying to curtail money laundering, gambling, and protecting the retail investor from excessive risk.  Interestingly, the banks will allow debit card purchases, making it clear that the only risks being protected are their own.

With a credit card you can gamble at a casino, buy guns, drugs, alcohol, pornography, everything and anything you desire, but some banks and credit card companies want to prohibit you from using their facilities to purchase crypto currencies? There must be some believable reasons, and they are NOT the reasons stated.

One thing that banks are afraid of is how difficult it would be to confiscate CC holdings when the credit card holder defaults on payment.  It would be much more difficult than re-possessing a house or a car.  A crypto wallet’s private keys can be put on a memory stick or a piece of paper and easily removed from the country, with little or no trace of its whereabouts.  There can be a high value in some crypto wallets, and the credit card debt may never be repaid, leading to a declaration of bankruptcy and a significant loss for the bank. The wallet still contains the crypto currency, and the owner can later access the private keys and use a local CC Exchange in a foreign country to convert and pocket the money.  A nefarious scenario indeed.

We are certainly not advocating this kind of unlawful behavior, but the banks are aware of the possibility and some of them want to shut it down. This can’t happen with debit cards as the banks are never out-of-pocket – the money comes out of your account immediately, and only if there is enough of your money there to start with.  We struggle to find any honesty in the bank’s story about curtailing gambling and risk taking.  It’s interesting that Canadian banks are not jumping on this bandwagon, perhaps realizing that the stated reasons for doing so are bogus.  The fallout from these actions is that investors and consumers are now aware that credit card companies and banks really do have the ability to restrict what you can purchase with their credit card. This is not how they advertise their cards, and it is likely a surprise to most users, who are quite used to deciding for themselves what they will purchase, especially from CC Exchanges and all the other merchants who have established Merchant Agreements with these banks.  The Exchanges have done nothing wrong – neither have you – but fear and greed in the banking industry is causing strange things to happen.  This further illustrates the degree to which the banking industry feels threatened by Crypto Currencies.

At this point there is little cooperation, trust, or understanding between the fiat money world and the CC world.  The CC world has no central controlling body where regulations can be implemented across the board, and that leaves each country around the world trying to figure out what to do. China has decided to ban CC’s, Singapore and Japan embrace them, and many other countries are still scratching their heads. What they have in common is that they want to collect taxes on CC investment profits.  This is not too unlike the early days of digital music, with the internet facilitating the unfettered proliferation and distribution of unlicensed music. Digital music licensing schemes were eventually developed and accepted, as listeners were ok with paying a little something for their music, rather than endless pirating, and the music industry (artists, producers, record companies) were ok with reasonable licensing fees rather than nothing.  Can there be compromise in the future of fiat and digital currencies?  As people around the world get more fed up with outrageous bank profits and bank overreach into their lives, there is hope that consumers will be regarded with respect and not be forever saddled with high costs and unwarranted restrictions.

Crypto Currencies and Blockchain technology increase the pressure around the globe to make a reasonable compromise happen – – this is a game changer.

 Crypto Trend Premium

If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here.

Stay tuned!


36 major industries heavily investing in blockchain

For 2018, the markets started off in a mostly positive direction, and have now started heading in reverse.  A correction is overdue, as discussed in recent editions of The Trend Letter.  The Dow plunged over 665 points, posting the steepest weekly decline in over two years.  As mainstream markets decline, investors immediately start re-assessing their risk tolerance, and Crypto Currency (CC) investors are re-assessing risk even more, given all the discussion about how volatile this market space can be.  It is not the usual mainstream economic drivers causing the CC plunge – it is fear, which is wildly contagious across all investment categories.  Markets are largely driven by human fear and greed, two emotions that cause most investors to be unsuccessful over the long term.  Cold hard analysis, coupled with “smart” Buy/Sell strategies, removes emotion from your investment decisions and paves the way to success.  Strong bull markets need to correct once in a while, to restore balance and set the stage for the next run up.

CC Exchanges can be significantly less nimble than the mainstream stock market exchanges; however, there are several CC Exchanges that accommodate BUY and SELL LIMIT orders. Using those facilities as part of an “Entrance and Exit” strategy is highly recommended.

The news in the CC markets throughout January was mainly focused on the declining prices of almost all the coins.  CC price declines preceded the overall stock market decline and are a reaction to more and more national governments indicating that they want to either ban CC’s, or increase their means to control and tax them.  With all the fear that is now being generated in the mainstream stock markets, this is a perfect storm wherein CC investors have multiple sources generating fear.

Welcome to the world of cryptos, where you can make a fortune in months, and see things crash even faster. Clearly, investing anything more than a small portion of your portfolio in cryptos is a risky proposition. But if you believe, as we do, that the concepts behind Bitcoin and other cryptos, specifically the blockchain distributed database – are sound, then it makes sense to invest in cryptos, and especially indirectly in the blockchain infrastructure that supports Crypto Currencies, a technology that is expanding into many other sectors.

Today, there are over 36 major industries heavily investing in blockchain technology to revolutionize their industry, by cutting or eliminating costs, and dramatically improving efficiency and transparency.  We are talking about a wide spectrum of industries including:

  • banking
  • law enforcement
  • messaging apps and ride hailing
  • IoT (internet of things)
  • cloud storage
  • stock trading
  • insurance
  • healthcare
  • elections
  • global forecasting
  • retail
  • supply chain management
  • gift cards and loyalty programs
  • government and public records
  • charity
  • credit history
  • wills and inheritances
  • and many other industries

We believe that we have years of incredible change ahead of us before this market finally settles on a standard. Yes, we will see many cryptos come and go, but much like Amazon, Apple, Google, and Facebook, there will be a few giant winners.

Let Crypto Trend be your guide to understanding and successfully investing in this new, exciting, and game changing technology.

Crypto Trend Premium

Subscribers to Crypto Trend Premium will soon see new recommendations in their inbox to capitalize on the blockchain technology, as well as the revolutionary 5G mobile network technology. We have held off on these new recommendations as we have adhered to The Trend Letter & Trend Technical Trader warnings of a global equity market pullback and/or correction. We have seen the Dow drop 4% this week, and the S&P 500 lose 3.8%, the worst declines in 2-years, so that caution was well warranted.

These recommendations will use BUY Stops, similar to those used in both The Trend Letter & Trend Technical Trader, so when you receive these recommendations, do not purchase these stocks until the stocks reach those BUY Stops.

If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here.

Stay tuned!


5G – the new era for mobile

As stated in our last update, we are increasing our scope to include discussion of new technologies, and those companies that benefit directly and indirectly from them.  We will cover blockchain projects, and other projects and companies that are involved with today’s game changing technologies.

One of those game changers is 5G – the 5th generation of mobile communication networks, and it looks to be revolutionary.  More than all previous network upgrades, 5G will take us to a completely NEW era in mobile technology.  New phones will be needed in order to use 5G, and here’s what’s in store:

  • more data and higher download speeds – 100 times faster than 4G
  • reliance on cloud storage, reducing the need for and use of internal memory
  • pervasive connectivity, to access the cloud from everywhere
  • latency improvements resulting in 30x the responsiveness of 4G, reducing the need for memory buffers (RAM).

Given that hardware memory needs are reduced significantly, the pricing model for 5G phones could change from being based on hardware memory needs, to being based on cloud memory needs.  The speed improvements alone should tempt us dramatically, and may lead to everyone buying new 5G phones.

We note that several companies are poised to benefit from new technologies like blockchain and 5G, as they are providers and developers of the enabling hardware, software, and firmware.  There is even more technology expansion on the horizon, and we will be zeroing in on the companies that are in the best positions to harness all this activity and innovation, generating potential great returns for investors.  We will include discussion of more emerging and expanding technologies in future editions of Crypto Trend.

Let Crypto Trend be your guide to successful investing in today’s world, where the speed of change continues to accelerate, being made possible by new and exciting technologies.

Crypto update

Another wild day in the world of crypto currencies as Coincheck, one of Japan’s largest crypto currency exchanges, was hacked and had 526 million of the crypto currency XEM ($400 m) stolen, Lon Wong, President of the Foundation stated.

“As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn’t use them and that’s why they could have been hacked. They were very relaxed with their security measures,” Wong said.

Coincheck is looking into compensating its customers, its executives announced.

Just a note that even with all this volatility, the average return for our 5 recommendations is still 62% at the time of this writing.

As we have constantly stated, the crypto currencies are very volatile, and although they can produce massive gains, many of them may be worthless in the years ahead, much like most internet start-ups no longer exist today.

What today’s story highlights is that not all exchanges are the same, and if they do not use all the tools that blockchain provides, they are vulnerable to these kinds of attacks.

It is why we believe it is the underlying blockchain infrastructure and applications that will give subscribers to Crypto Trend Premium the best long-term gains.  Our team is actively analyzing dozens of companies, looking to identify the ones that we believe could be real winners in this game changing technology. Announcements of new recommendations will be sent out to subscribers soon.

If you are ready to make a speculative investment into these disruptive technologies, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00 . To take advantage of this special offer, click here.

Stay tuned!


Crypto update – January 24/18

Last week’s volatility is more proof that the crypto currency (CC) markets are indeed the “wild west” … or the “wild east”.  This volatile week was mainly a reaction to government statements and actions.  Both China and South Korea have been pondering what to do about crypto currencies for a while and last week began issuing statements that clearly indicate that they are concerned.  It doesn’t seem to matter if the government is democratic or socialist, they all want to control the money, in order to levy taxes, control markets, and stay in power.

Crypto currencies are resistant to manipulation, so China has now banned CC trading and South Korea is moving to implement strict regulations and implement proper taxation.  The CC markets reacted to these government activities by moving sharply downward.  Up until recently, South Korea and China were home to some of the largest CC exchanges in the world, and this is now changing, as many exchanges are relocating offshore.  Many clients simply use the internet to continue doing business with these same exchanges, now located offshore, but China goes even further by piling on additional internet restrictions that block access to the offshore exchanges.

From the outset, we have cautioned readers about extreme volatility in this market, while acknowledging the other side of the crypto coin – – very real opportunities to generate extreme profits.  Crypto Trend is your guide to avoid the pitfalls and zero in on the winners, remembering that all markets are volatile to a degree.  With the CC market, the degree is high, but downturns are inevitable in every market, and even “healthy” – – like a forest fire, that on first blush looks to be all devastation, but in reality provides some crucial benefits, like removing dead and decaying vegetation, stimulating new growth, and triggering some plants to release seeds. The CC marketplace is frenzied, and we have seen moves in this market that are extraordinary, with projects initiated that have no long-term future, yet they generate market values in the millions of dollars.  This is the kind of market where a guide is essential in order not to invest in deadwood projects.  This is also the kind of market where a good fire once in a while serves to rid us of the deadwood.  With a competent guide, frenzy is set aside, and useful, actionable assessments and research are provided, leading to understanding, confidence, and investment success.  There is no need to just throw a few frenzied darts at the wall – let Crypto Trend be your guide.

Crypto Trend Premium

 The volatile week had a negative impact on our portfolio, but we are still on average, up 61% for our 5 recommendations to date.

We are increasing the scope of Crypto Trend & Crypto Trend Premium to include technology companies that may not be directly involved in blockchain projects, but are positioned indirectly to benefit from the blockchain technology. In addition, we will include companies that are positioned to profit from other game changing technologies  such as 5G, which will revolutionize mobile communications.

We are currently evaluating a number of companies and hope to have more recommendations out to subscribers soon.

If you are ready to make a speculative investment into these disruptive technologies, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00 . To take advantage of this special offer, click here.

Stay tuned!


Crypto Update – January 19/18

A question that many readers ask is “why do we need or want crypto currency – isn’t there already enough currencies in the world?“

Understanding some of the benefits of crypto currency (CC) in a world of fiat currency helps us to see why developers came up with it in the first place, and keep coming up with more and better CC’s.  Let’s start with some of the problems with fiat currencies:

A. Governments can print as much fiat currency as they want, and throughout history there are many examples of currencies that have been inflated to death.  There are two reasons this cannot be done with crypto currencies …

   1. there is an upper limit on the amount of each coin that can ever be made.  With Bitcoin this upper limit is set at 21 million – no inflation possible here.

   2. governments do not control the issue of crypto currencies.

B. Fiat currency transactions are all centralized, and we all have to trust that our bank teller, our cheque clearing house, our currency broker etc, will do their job honestly and fairly, and at a reasonable cost.  There are several examples where this trust has been violated, and thus, the desire for something better was created.

Here is an illustrative example of a clear violation of consumer trust.  Wells Fargo, a banking giant in the USA, created about 3.5 million ghost accounts so that they could charge customers for services they did not ask for or need.  The unwary customers who did not notice the unwanted extra accounts would continue to pay the fees, trusting that their bank was taking good care of them.  It was later discovered that Wells Fargo was also signing up customers for unwanted insurance policies and again charging customers for services they did not ask for.  This is fraud on a large scale, and here is what was learned … We Cannot Trust the “Trusted” Intermediaries.

We also see that financial institutions have been making record profits for a long time, levying transaction fees that generate large profits.  It’s not hard to see the need for a new technology to enable secure, reliable, cheap, and transparent transactions without the potential for manipulation and rip-offs by governments and large financial institutions.  All of this is what blockchain technology can bring to the realm of financial transactions.

The key difference is that current systems are “centralized”, whereas blockchain is “distributed”.  What really matters is that “trust” is 100% transparent in the distributed model.  Blockchain technology is based on a distributed ledger (a distributed database). It is distributed in the sense that there are complete copies of the whole database scattered all around the world.

In today’s world, almost all financial institutions, companies, governments, and individuals keep their records in a centralized database, usually with a centralized back-up of that one database.  You only get to see the parts of that data that concern you, and you must trust that “privacy policies” are strong and that data integrity standards are high. These centralized databases can be manipulated, records can be altered, hard drives can fail, data can be lost, and the records represent only one party’s view of any given transaction.

In the world of blockchain (distributed ledger technology), the opposite is true. The transactions recorded on the ledger represent a transaction that takes place between the parties involved, and is confirmed by the blockchain network via a consensus. This is “trust” on a LARGE scale.  Once a transaction is written to the ledger, it is immutable – it cannot be changed.  The details of each transaction are visible to everyone, but the identification of the individual parties is protected by the use of private keys.  Private Key owners can identify their own transactions in the ledger, but cannot determine the identity of the parties in any other transaction. The conceptual diagram below shows the difference between a centralized, a decentralized, and a distributed network.

Vive le difference !!

Centralized vs Distributed

It wasn’t long ago that the LIBOR scandal uncovered that many of the most “trusted” financial institutions in the world were manipulating interest rates for their own benefit.  Banks like Barclays, Deutsche Bank, JPMorgan Chase, UBS, Citigroup, Bank of America, and the Royal Bank of Scotland were found to be right in the middle of these manipulations.  The corruption and violations of trust are seemingly endless. Blockchain to the rescue !!

Crypto crash!

We have called the crypto sector the “wild west” and this past week was another great example of the volatility in this space. We saw how governments are paranoid about crypto currencies, as both China and South Korea expressed plans to clamp down, or even ban crypto currency trading.

The South Korean government officials warned that crypto currencies  encourage illicit behavior, such as money laundering, tax evasion, and gambling. It also stated that it needed to protect these investors from losing their money.

South Korea is one of the largest crypto currency traders alongside the US and Japan, and the news of a ban set off panic in the South Korean crypto markets. As we can see, the bitcoin price dropped from $14,444 to $9,477 before recovering some of the losses and trading at $11,275 at the time of this writing.

Bitcoin 0119

But it turns out South Korea is still evaluating the situation and has not made a decision. It is expected to deliver a decision sometime next week.

The threat of a ban has caused quite an uproar from the masses. As of today, an online petition on the website of the presidential Blue House had drawn more than 221,000 signatures opposing the move. Heavy internet traffic briefly crashed the site.

While we welcome a proper regulated oversight, we are not of the belief that politicians and bureaucrats are better qualified to tell the people what they can or cannot do with their hard earned money.

This “wild west” show is going to remain volatile for quite a while. For those who do wish to invest in crypto currencies, this volatility just gave them another opportunity to get in at much lower prices.

If you are ready to make a speculative investment into this disruptive technology, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount. To take advantage of this special offer, click here.

Stay tuned!


The Wild West Crypto show continues – and our 5 picks have an average monthly gain of 109%

Here is a question that comes up often:  How do I choose which crypto currency to invest in – aren’t they all the same ?

There is no doubt that Bitcoin has captured the lion’s share of the crypto currency (CC) market, and that is largely due to its FAME.  This phenomenon is much like what is happening in national politics around the world, where a candidate captures the majority of votes based on FAME, rather than any proven abilities or qualifications to govern a nation.  At Crypto Trend we acknowledge Bitcoin’s FAME, which in many ways is well earned.  Bitcoin is the pioneer in this market space and continues to garner almost all of the market headlines.  This FAME does not mean that it is perfect for the job, and it is fairly well known that Bitcoin has limitations and problems that need to be resolved, however, there is disagreement in the Bitcoin world on how best to resolve the problems.  As the problems fester, there is ongoing opportunity for developers to initiate new coins that address particular situations, and thus distinguish themselves from the approximately 1300 other coins in this market space. Let’s look at two Bitcoin rivals and explore how they differ from Bitcoin, and from each other:

Ethereum (ETH) – The Ethereum coin is known as ETHER.  The main difference from Bitcoin is that Ethereum uses “smart contracts” which are account holding objects on the Ethereum blockchain.  Smart Contracts are defined by their creators and they can interact with other contracts, make decisions, store data, and send ETHER to others.  The execution and services they offer are provided by the Ethereum network, all of which is beyond what the Bitcoin or any other blockchain network can do.  Smart Contracts can act as your autonomous agent, obeying your instructions and rules for spending currency and initiating other transactions on the Ethereum network.

Ripple (XRP) – This coin and the Ripple network also have unique features that make it much more than just a digital currency like Bitcoin.  Ripple has developed the Ripple Transaction Protocol (RTXP), a powerful financial tool that allows exchanges on the Ripple network to transfer funds quickly and efficiently. The basic idea is to place money in “gateways” where only those who know the password can unlock the funds.  For financial institutions this opens up huge possibilities, as it simplifies cross-border payments, reduces costs, and provides transparency and security.  This is all done with creative and intelligent use of blockchain technology.

At Crypto Trend we strive to provide you with up to date and useful information in the quest to understand this new world of crypto currencies.  The mainstream media is covering this market with breaking news stories almost every day, however, there is little depth to their stories … they are mostly just dramatic headlines.

The Wild West Crypto show continues…

The 5 stocks crypto/blockchain picks are up an average of 109% since December 11/17. The wild swings continue with daily gyrations. Yesterday we had South Korea and China the latest to try to shoot down the boom in cryptocurrencies.

On Thursday, South Korea’s justice minister, Park Sang-ki, sent global bitcoin prices temporarily plummeting and virtual coin markets into turmoil when he reportedly said regulators were preparing legislation to ban cryptocurrency trading. Later that same day, the South Korea Ministry of Strategy and Finance, one of the main member agencies of the South Korean government’s cryptocurrency regulation task force, came out and said that their department  does not agree with the premature statement of the Ministry of Justice about a potential cryptocurrency trading ban.

While the South Korean government says cryptocurrency trading is nothing more than gambling, and they are worried that the industry will leave many citizens in the poor house, their real concern is a loss of tax revenue. This is the same concern every government has.

China has grown into one of the world’s biggest sources of cryptocurrency mining, but now the government is rumoured to be looking into regulating the electric power used by the mining computers. Over 80% of the electrical power to mine Bitcoin today comes from China. By shutting down miners, the government would make it harder for Bitcoin users to verify transactions. Mining operations will move to other places, but China is particularly attractive due to very low electricity and land costs. If China follows through with this threat, there will be a temporary loss of mining capacity, which would result in Bitcoin users seeing longer timers and higher costs for transaction verification.

This wild ride will continue, and much like the internet boom, we will see some big winners, and eventually, some big losers. Also, similar to the internet boom, or the uranium boom, it is those who get in early who will prosper, while the mass investors always show up at the end, buying in at the top.

If you would like to step into this wild, but potentially very profitable sector, our Early Bird Special Offer is still available. We offer you Crypto TREND Premium at $175 off the regular rate of $699.95, so you pay only $525.00.

Click here to take advantage of this offer.

Stay Tuned!

Stay Tuned!


Getting started with crypto

Investing in the Crypto Currency market space can be a little daunting for the traditional investor, as investing directly in Crypto Currency (CC) requires the use of new tools and adopting some new concepts.  At Crypto Trend we will continue to provide information and guidance, so if you do decide to dip your toes in this market, you will have a very good idea of what to do and what to expect.

Buying and selling CC’s requires you to choose an Exchange that deals in the products you want to buy and sell, be they Bitcoin, Litecoin, or any of the over 1300 other tokens in play. In previous editions we have briefly described the products and services available at a few exchanges, to give you an idea of the different offerings.  There are many Exchanges to choose from and they all do things in their own way.  Look for the things that matter to you, for example:

– Deposit policies, methods, and costs of each method
– Withdrawal policies and costs
– Which fiat currencies they deal in for deposits and withdrawals
– Products they deal in, such as crypto coins, gold, silver etc
– Costs for transactions
– where is this Exchange based ?? ( USA / UK / South Korea / Japan … )

Be prepared for the Exchange setup procedure to be detailed and lengthy, as the Exchanges generally want to know a lot about you.  It is akin to setting up a new bank account, as the Exchanges are brokers of valuables, and they want to be sure that you are who you say you are, and that you are a trustworthy person to deal with. It seems that “trust’ is earned over time, as the Exchanges typically allow only small investment amounts to begin with.

Your Exchange will keep your CC’s in storage for you.  Many offer “cold storage” which simply means that your coins are kept “offline” until you indicate that you want to do something with them.  There are quite a few news stories of Exchanges being hacked, and many coins stolen.  Think about your coins being in something like a bank account at the Exchange, but remember that your coins are digital only, and that all blockchain transactions are irreversible.  Unlike your bank, these Exchanges do not have deposit insurance, so be aware that hackers are always out there trying everything they can to get at your Crypto Coins and steal them.  Exchanges generally offer Password protected accounts, and many offer 2-factor authorization schemes – something to seriously consider in order to protect your account from hackers.

Given that hackers love to prey on Exchanges and your account, we always recommend that you use a digital wallet for your coins.  It is relatively easy to move coins between your Exchange account and your wallet.  Be sure to choose a wallet that handles all the coins you want to be buying and selling.  Your wallet is also the device you use to “spend” your coins with the merchants who accept CC’s for payment.  The two types of wallets are “hot” and “cold”.  Hot wallets are very easy to use but they leave your coins exposed to the internet, but only on your computer, not the Exchange server.  Cold wallets use offline storage mediums, such as specialized hardware memory sticks and simple hard copy printouts.  Using a cold wallet makes transactions more complicated, but they are the safest.

Your wallet contains the “private” key that authorizes all the transactions you want to initiate.  You also have a “public” key that is shared on the network so that all users can identify your account when involved in a transaction with you.  When hackers get your private key, they can move your coins anywhere they want, and it is irreversible.

Despite all the challenges and wild volatility,  we are confident that the underlying blockchain technology is a game changer, and will revolutionize how transactions are conducted going forward.

If you are ready to make a speculative investment into this disruptive technology, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount. To take advantage of this special offer, click here.
Stay tuned!