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Popular Cryptocurrencies

Cryptocurrency is everywhere. People are talking about it in the news, on message boards, on social media, in documentaries, and on more podcasts than you can shake a stick at. At last count, there were over 1800 cryptocurrencies on the market today. There are so many that it’s easy to feel overwhelmed. Here’s a quick primer on a few of the most popular cryptocurrencies on the market.
Bitcoin (BTC) Bitcoin is the cryptocurrency that started it all. Created by the mysterious entity known as Satoshi Nakamoto, Bitcoin was the first currency to be built on a blockchain and is the most popular cryptocurrency on the market today.
The max supply of Bitcoin is held at 21 million, and there are already over 17 million in circulation.
Bitcoin currently has a market cap of around $127 billion.
Ethereum (ETH) Ethereum is the second most popular cryptocurrency in the world and is often touted as Bitcoin’s main rival. Ethereum is fascinating because it was built to be a “super network” that allows oth…

Why Everyone Needs Diamonds

Diamonds might be April’s birthstone, but everyone should think about wearing more of these gorgeous gems. They’ve been a coveted possession for thousands of years, and that may be because, in addition to looking beautiful, they’re believed to have an intrinsic mystical value. According to the Cape Town Diamond Museum, “From the earliest of times, the diamond was considered a magical intermediary between man and the unseen forces of nature that governed his fate.”
In the Roman Empire and ancient Greece, diamonds were believed to convey invincibility to its wearers. So warriors would wear their diamonds into battle. The ancient Egyptians placed diamonds in the center of the top loop of ankh symbols, which indicated everlasting life. Today, diamonds represent faithfulness, purity, and innocence. What's more, diamonds inspire creativity, ingenuity, endurance, and helps to manifest abundance in all areas of life. A sparkling diamond is the symbol of the richness of the self.
What bette…

A Brief History of Diamonds

Diamonds are nothing new. These magnificent gems were likely first discovered in the 4th Century BC in India. Stones were quickly disseminated across India, China, and Europe via the Silk Road. Diamonds were prized as ornaments, used as cutting tools, and were sought after for their ability to refract light and engrave metal. They were used as talismans to ward off evil and during the middle ages were even considered to have healing properties when ingested.
How Diamonds are Made Even though diamonds can now be recreated in a lab, geologists are still trying to puzzle out how diamonds were formed in the Earth one billion to three billion years ago. According to Live Science, Their best guess goes something like this: 1) Bury carbon dioxide 100 miles into Earth. 2) Heat to about 2,200 degrees Fahrenheit. 3) Squeeze under pressure of 725,000 pounds per square inch. 4) Quickly rush towards Earth’s surface to cool.” Not exactly an easy process, but one that brings us beautiful, multi-facete…

What Is Cryptocurrency Mining?

There are so many new terms to explore when you’re first discovering cryptocurrency. Everything from blockchain to altcoin, to exchange. There’s always something new to learn. Which brings us to cryptocurrency mining. Mining is a common crypto concept, but it might leave you wondering, just what is mining? Do I have to break out a pickaxe and dive into the nearest mine to get started with cryptocurrency? Not so fast. Mining is a crucial part of cryptocoins, but don’t worry, it doesn’t involve any manual labor.

Here’s a deeper look at the basics of cryptocurrency mining from our friends at Lifewire.com:
Mining cryptocoins is an arms race that rewards early adopters. You might have heard of Bitcoin, the first decentralized cryptocurrency that was released in early 2009. Similar digital currencies have crept into the worldwide market since then, including a spin-off from Bitcoin called Bitcoin Cash. You can get in on the cryptocurrency rush if you take the time to learn the basics properl…

A Deeper Guide into Crypto Terms

In addition to all of the interesting new terms that cryptocurrency enthusiasts use within the community, there are also some industry basics that anyone trying to get into the cryptocurrency game should know.
Arbitrage A strategy to take advantage of differences in prices across markets to make a profit.
Bearish An expectation that a coin’s price is going to decrease.
Blockchain Blockchain technology was created as a database to store transactions of the cryptocurrency called Bitcoin. These transactions are placed into timed segments called “blocks,” which incorporate all transactions for that block as well as a cryptographic hash of the preceding blocks, transaction data, and a timestamp. While the data in these blocks are anonymized, and encrypted, for many blockchains, the ledger is still accessible and readable to anyone and everyone who wants to take a stroll through it.
Bollinger Band A Bollinger Band, which developed by famous technical trader John Bollinger, is plotted by two stand…

Your easy crytocurrency definition guide!

So, you’ve decided to jump into the exciting world of cryptocurrency! Congratulations! As you explore this new community, you might find yourself stumbling across all sorts of phrases both familiar and strange. Some of these concepts are used outside of the cryptocurrency community, but many started as inside jokes and are unique.
Here’s a quick list of some of the more obscure terms you might find to get you started:
Altcoin Generally, any coin that isn’t Bitcoin.
ATH “All Time High” price for a cryptocurrency.
Bagholder Refers to someone still holding a coin after a crash.
Fiat (as in Fiat currency) Government-issued currency, such as the US dollar.
Fork When a blockchain splits into two chains.
FOMO “Fear Of Missing Out” when not in a position to take advantage of a coin’s fast price movement.
FUD “Fear, uncertainty, doubt” describes a negative emotion toward a cryptocurrency.
FUDster Someone that is spreading FUD.
HODL A misspelling of the word “hold,” which went viral in the community after an a…

What is an ICO?

Cryptocurrency and blockchain technology are creating new and exciting possibilities across a vast number of industries and unlocking the financial power of the internet in heretofore unknown ways. In the process of building this new world, there are a lot of confusing buzzwords that get thrown around. One of these terms is “ICO,” which stands for Initial Coin Offering, but just what does that mean? Let’s dig in a little and find out.
What’s an ICO? An initial coin offering is similar to an initial private offering (IPO). It’s when a new cryptocurrency offers its underlying tokens for sale to the public. This process generates capital and enables developers to build a platform and get the coin off the ground. There are some benefits to ICOs as it allows token holders to get in on the ground floor. Unfortunately, there’s just not enough regulation in the industry at the moment to ensure that ICOs are a safe investment and the SEC has taken a dim view of ICOs in general as many can’t pass…