Is Ripple a good investment?

Investors are a harried lot. They wish to make long term investments in minimal spending.

Why cryptocurrency you may ask?

New are investors want to change the way conventional investments are made. The old world way to make investments on shares and bonds and commodities do not provide with the same returns cryptocurrencies do. Just to give an idea, as of 2017:

Ethereum is up 2,000%.

Bitcoin is up 744,233%.

Litecoin is up 750%.

Hence, with these kinds of insane numbers, attraction to invest multiplies manifold.

With the floodgates open, early investors got quickly used to four-figure returns. However, there was a flipside to this. With returns, the buying price of the above coins increased too. A viable option needed to be found. In appeared Ripple.

What is Ripple?

To call Ripple just a cryptocurrency would be blasphemous.

Ripple is not the traditional cryptocurrency that investors trade. It is so much more. Ripple is revolutionising the way transactions take place and soon the way we bank and conduct business will change.

It is pertinent to understand that Ripple is primarily two parts.

One it is the Ripple Transaction Protocol or RTXP and XRP the digital currency. XRP operates within RTXP.

The RTXP or Ripple transaction Protocol is the real-time payment gateway, which allows money to be exchanged between individuals irrespective of their positions or banks.

The digital asset or cryptocurrency that runs the Ripple network is XRP. When you are buying Ripple, it would mean you’re also purchasing XRP. If you’re a newbie to investing in digital currency, the best way to think of XRP is as a currency or fuel that powers Ripple.

However, it is also important to know that while it is preferable to use XRP to run the RTXP network, it is by no way mandatory.

An important bit of information for investors, eager to put money in the Ripple network, it is being backed by the following investors:

Andreessen Horowitz, FF Angel IV, Lightspeed Venture Partners, Vast Ventures, and Bitcoin Opportunity Fund.

What makes Ripple unique other than the fact is that it is still being traded at $1 is that it does so much more. It transfers not just cryptocurrencies but money and information too. 

Ripple’s uniqueness lies in the fact that anything can be transacted through its secure pathway. That makes it a powerhouse in the world of cryptocurrencies.

The Other side of the Coin

All along with the Cryptocurrency story, we have heard of individuals minting money. There were rags to riches tales aplenty and earlier cryptocurrency investors made it big. Real big. And why not? A combination of safety and ease of operation, sans the overarching enthusiasm of institutional bureaucracy, made it the darling of the masses.  Blockchain became the byword for a technological miracle and newer areas of its usage we’re being explored. In the meantime, the world of cryptocurrency flourished. And how? After the advent of Bitcoins, numerous cryptocurrencies joined ranks. Litecoin, Thorium became synonymous with tech disruption and staggering profits. However, in 2017, Bitcoin crashed. From a high of $20000, it lists up to 75% of its value and went down under. However, over the years this has not been the only loss story, pertaining to cryptocurrencies. There have been a few others. Let us look at some of them:

Scaling Mt. Gox

The exchange which was handling almost 70% of all Bitcoin transactions, declared bankruptcy in early 2014, on account of a hacking operation which wiped off 850,000 coins or $500 million. The more recent valuation of that would be approximately $5 billion. A Tokyo District Court has directed the authorities to begin a civil rehab program, and that may bring some succour.

The Ripple Effect

Chris Larsen, the co-founder of Ripple, marched into 2018, with a total valuation of $60 billion. Ripple was being traded at $3.65 a unit. However, a golden rule in any business is to diversify which unfortunately did not happen here. Ripple tumbled and went down to almost 45 cents. That meant, almost $44 billion of personal wealth was wiped off Chris Larssen’s portfolio. Even though at $16 billion he is not exactly poor, however, it still remains one of the largest falls in the history of cryptocurrency.

Ripped Van Winkle

The Winklevoss twins are known for their association with Facebook. After moving out of the former they jumped right into the whirlpool called Bitcoin. 120000 coins were bought or 1% of all bitcoins in circulation. The year was 2012 and Bitcoin was valued at only $10. They were worth a whopping $2.34 billion. However, with the crash, they are now valued at $720  million. A loss of $1.62 billion. However, since the coins were bought at $1.2 million the impact had been not much. The brothers never broke a sweat.

In spite, of these setbacks, cryptocurrencies remain the future of financial transaction.

Ethereum: A Colossus in the Making

Right from the time, Bitcoin appeared on the scene, there has been a buzz in the financial market. Based on a peer to over decentralized system, Bitcoin offered unbridled freedom to individuals. There was no third party oversight and regulations that would stifle the system. This bought the turnaround time down and transaction charges were nil. Bitcoin also hit the stratosphere in 2017, when it got valued at $20000. This led to an entire universe of cryptocurrencies or projects, each peddling their own little dreams.

One such project was Ethereum.

This was, like, Bitcoin, an open-ended system allowing transactions across the board and continents, with nil government or third-party intervention. Launched in 2015, ETH soon became the silver to Bitcoin’s gold. And there was plenty of reason for it. Even though Ethereum resembled Bitcoin, or for that matter any cryptocurrency in every way, there was one difference it bought to the fold, Either (ETH), it’s cryptocurrency.

So what made Ether any different from the plethora of cryptocurrencies or Altcoins.

The very fact that Ethereum was programmable, made it a darling to the developers’ community. It meant that programmers can create apps using Either. These apps we’re called DApps or Decentralized Apps because they were being created on a decentralized system.

These DApps gained from the combination of cryptocurrency and Blockchain. It not was secure thanks to the impenetrability of the premise but was also not owned by any single entity. It would also behave in the exact manner it was programmed to, once uploaded.

This became the basis for some of the most interesting developments if recent times.

Many of the apps that we are using right now have been created on the Ethereum platform.

Cryptocurrency wallets that help you make cheap, instant payments with ETH or other assets

Financial applications that let you borrow, lend, or invest your digital assets

Decentralized markets, that let you trade digital assets, or even trade “predictions” about events in the real world

Games where you own in-game assets, and can even make real money

The list is endless.

Given the robustness of the system, there is no doubt that the digital world will one day be ruled by applications created on ETH. To make matters more public and equitable, Ethereum community is the world’s largest blockchain community. And it is quite active too.

Best cryptocurrencies to make a killing on!

You have heard unreal tales of early investors raking in millions from their investments in Bitcoin. However, those were the days when the cryptocurrency was an absolute newbie and was being valued at less than a cent. It has since risen to $20000 and has crashed subsequently, only to stabilise at a shade below $6000. That would mean one unit of Bitcoin would cost you a bit less than $6000, which by every mean, is an extremely costly proposition. For new-age investors, who do not wish to fall for the gamble, but gradually build their baskets would then need to shift their focus on Altcoins, some of which are still peddled at less than $10 a unit. These are the early days for these coins, and can genuinely turn into serious money-spinners, in the near future.

Let us quickly look at some of sub $10 cryptocurrencies to help you make an informed decision:

Nano (NANO)

A purely basic cryptocurrency currently enjoying the trading value of $1, Nano does have a bright future. It currently mimics the bigger cryptocurrencies and has no transaction fee. Point to be noted that Nano does not yet have the full confidence with the crypto ecosystem, but would find its place in the Sun, soon.


Currently being valued at $3, EOS is at present in the centre of a financial embarrassment. It has been linked to a Ponzi scheme, which has been dumping large volumes into Bitcoin. However, it is being expected that EOS will be able to extricate itself out of this mess and start performing. It has been valued at as high as $20 and there is a possibility that it would again.

Ripple (XRP)

Ripple is quite a dichotomy of sorts. It a massively popular cryptocurrency and yet it trades are around 25 cents. The reason it is so ridiculously underpriced is because of the way Ripple is designed. Payment protocol XRP serves requires huge volumes of XRP to function well. Hence the sheer volume of XRP in circulation is keeping the price at rock bottom. However, there is light at the end of the tunnel. As the Ripple protocol will gradually grow and become more merged with real-world payment services, the value too will make a steep rise. It is currently looking at a high of $3.85 and us ideally suited to be invested in.

A Beginners Guide to Tron

Basics of TRON:
Justin Sun founded this TRON or Tronix(trx) cryptocurrency in September 2017 whose headquarter is in Singapore. This is one of the most popular cryptocurrencies in the market nowadays as it is different from other cryptocurrencies. Its main motto revolves around entertainment sector.

How is it different:
• There are no middlemen in between the user and the creator.
• Creators could receive their revenue directly from the consumers.
• This not only eliminates middlemen but also reduces the dependence on different sites.

Advantages of TRON:
This coin lets you spread your data without any restrictions. In fact, if a user uploads any of his/her data they will earn their digital assets too. They will receive their profits according to their contribution, as TRON focuses on individual people rather than an organization. The transactions of this currency are easily traced without any obstacles, as it takes place on public records hence, Tron mining is not possible.

You can store TRON coins in Tron wallet. It is supporting wallets on different websites that are available for different operators like chrome, Mac, Windows, iOS, and Android. You can download your own wallet and just remember your password for it and never share it with anyone. As we have talked about the wallet of Tron then we should be knowing the value of it also, as for now it is 0.058 USD till June 2018 but it is sure it will reach 1USD soon because the rate of TRX is increasing in Asian market exponentially, though cryptocurrency can swing in any direction TRX shows a promising future.

What makes it different is its application power, as they keep a track record of the data privacy and keep collecting information about the general population and use it as a key factor in their business models. They have monetized each and every content on the internet so that they can reward them accordingly. Just like Vamos using the blockchain method for the cryptocurrencies, Tron is also doing the same. And they do not take any help of advertisements on social media because these sites can access our personal data. TRX is a safe option for the investors of a long race though cryptocurrencies world is full of swings.

Using Cryptocurrency On Amazon

It is simple for beginners to go to cryptocurrency exchange websites and exchange cash for the desired cryptocurrency. The payment methods used are simple including the most widely used Paypal.

Once your account is set up, you can start buying cryptocurrency on the exchange. Most exchanges are just like stock-trading platforms: you can buy and hold your cryptocurrency, or you can exchange it for another cryptocurrency.

Some of the most extensively reliable websites to trade in cryptocurrency are Coinbase, Coinmama,, Bitstamp and many more.


How to spend your Cryptocurrency on Amazon?


You cannot buy directly from Amazon using your bitcoin cash. So you need a middleman. A middleman here is, for instance, is that would introduce you to the thousands of users who would accept bitcoins in exchange for their hard cash. But, they wouldn’t be paying you directly and neither would you. They would buy your product from Amazon and send it to your mentioned address and in exchange will be rewarded with a similar amount of cryptocurrency in their crypto wallets.

Here is another very well known way is to purchase a gift card from Amazon for the desired amount. You need to enter the gift card amount and you will be given a bitcoin price to pay. Now you need to go to Amazon, choose your item and add it to your cart. After you are finished packing your cart, go to checkout and enter your delivery address. When you are redirected to payment methods, choose to pay using Amazon Gift Card. Here you enter the Amazon gift card you purchased earlier using your cryptocurrency. These are some of the profoundly used ways to spend your cryptocurrency on Amazon.


Reversing the process?


There’s also another side to You could also earn bitcoins by doing what other users are doing for you. It means you could be listed as a “Shopper” and shop from Amazon for other users using your hard cash and receives bitcoins for that.

This is one of the many ways to obtain some cryptocurrency in your wallet.




Using cryptocurrency at Amazon is not as easy as ordering delicious Spanish Tapas  because of the fluctuating prices of the currency and the user is difficult to cope up with it. But, these were some above-mentioned ways by which you could get yourself to spend your cryptocurrency on Amazon.



Pension Fund Invests In Cryptocurrency


Cryptocurrency has put its legs in every single field and industry. From many years, there are so many funds which are looking forward to the Crypto Industry. Most of the time everything is set but all of them are just afraid to be the first fund to go towards the crypto space.

Two of the American public sector pension funds have recently backed an entirely new fund for cryptocurrency venture capital. The investment in it is very big. The large tranche has a total of $40 Million. All the crypto enthusiasts were waiting for this day to come.

More about the funds

These two funds that are providing the backing for Morgan creek Blockchains are Fairfax County Employees’ pension plan and Fairfax County Police pension plan. They will be directly investing the amount in the companies which are related to the cryptocurrencies or digital assets. Although the investment portion is low, the companies are starting to move towards the crypto industry.

Will more Fund companies go for Crypto?

It has been a long time since many companies were planning to divert some portion of the funds to the crypto. However, everyone was afraid to be the first one. According to Forbes’ article, if some of the funds will for the crypto, there are more chances that most of the other funds will also start going. This is just the start, even the Morgan Creek has invested only a small portion of the total capital it has on the crypto industry. Although, for some of the funds, it will take time soon more funds will go towards it.

There are many doubts and questions when the funds are migrating towards going to crypto industry. As of now, the cryptocurrency prices are increasing and going higher and higher. As for some of them, Crypto has always been doubtful currency, there are many issues. People are afraid whether they are going to have a function room for the 30th birthday of their son or their money are just going to be wasted with no return.

Travel using cryptocurrencies

The success of cryptocurrency and blockchain lies in the wide range of usage of these in many fields. Traveling is one such field that is adopting cryptocurrency. Its main advantage is absolute security because the data is stored in the numerous cells, which are constantly synchronized and checked for accuracy.

Blockchain will benefit both travelers and service providers. This is because blockchain usage doesn’t require any intermediate party to play a bridge between travelers and service providers. Moreover, blockchain allows a much smoother and convenient way to book flight tickets and accommodation.

Already a lot of blockchain technologies have hit the travel and tourism industry and brought many innovative ways to make the trip of its customer safe and sound. For example, if you want to travel to Melbourne which might be a completely alien land to you, then blockchain technologies like Winding Tree Project will allow you to  choose the most suitable flight and accommodation options and book them from the service providers (hotels, air companies, etc.) without paying any commissions to the third parties.

Because of this huge success of cryptocurrency in travel and tourism, a lot of new projects have come up in this sector. The following are some of the top cryptocurrencies in the travel industry.

  1. Aditus:

Aditus is probably the world’s first luxury platform for crypto-affluent. The Aditus token will be used to purchase merchant offers such as those showcased at the event (including travel experiences, rentals, vacations and concierge services) and reward user engagement. The platform will also allow payment in other cryptocurrencies.

  1. Bee Token:

Bee token is a network based on bee protocols which connects the hosts and guests without any commission. It introduced its own cryptocurrency called BEE token and allows the customers to book their accommodation using these tokens.

  1. BitAir:

This is an Ethereum block chain which enables the travelers to book not only their accommodation but also their traveling tickets. They are highly acclaimed for making travel expenses cheaper. It was voted as the most effective payment method by Asia Pacific Travel, one of the most popular online air ticket agencies in Asia.

What is cryptocurrency to a new user

Cryptocurrency in the business sector

Cryptocurrency has been a hot topic in the business world. With the start of this digital currency, investors have taken it as one of the major ways to earn profit. However, cryptocurrency has experienced a huge fluctuation in its rate, lately, whether it’s in bitcoin or other forms. Cryptocurrency has been preferred by the investors due to its decentralized mode of transaction. However, due to some security issues in this mode, there has not been a rapid increase in its use. The cryptocurrency has also been famous in many different fields other than the corporate sector.

Cryptocurrency for personal use

It can also be used for transactions based on personal purpose. For example, you can use cryptocurrency to book the function venue on your birthday. There are many venues which have started this type of currency. In many regions, even the restaurants have started to accept cryptocurrency as one of the modes of transactions. This is because their owners don’t have to worry about the tax. There is no participation of government in the crypto field. This helps the owners to earn a lot more profit than they usually earn.

Features of the Crypto field

There is also blockchain which is the most important part of cryptocurrency. The whole crypto-field is operated in a blockchain. One of the most popular blockchains is Ethereum blockchain. There are also miners who are the basic building block of this sector. With the help of their programming, transactions in cryptocurrency is possible.

Development of Crypto field is increasing rapidly

Earlier, security was a major concern in the crypto-field. However, with more development in this field, users have been found to get attracted overcoming the security barriers. There are many different types of security that have been provided to users. They are able to store their cryptocurrencies in digital wallets. These wallets are based on the crypto-field and provide users with an easy way of transaction. The cryptocurrency field is developing day by day to provide users with a simple yet safe experience.


Crypto Tokens

What is a Crypto Token?

Crypto tokens are a part of cryptocurrencies which has been introduced lately. Crypto tokens have several applications. They can be used in trading crypto coins and in many other activities provided by the blockchain. Users can also use crypto tokens for increasing their loyalty points which is a major part in trading of the cryptocurrency. More the loyalty points of the users, higher will be the chances for them to trade their crypto coins with other users.

Crypto Token can be created through some important crypto department

Crypto tokens can be created by any individual with the help of templates and execution of some codes as well. Crypto token is the best alternative to cryptocurrency as payment for business tools. These codes are the building block of the transaction mechanism involved in the blockchain system. Therefore, through coding, management of the transaction is done by the crypto tokens. Crypto tokens are useful in the execution of transactions that are involved in the apps, related to the crypto field. These apps are not involved with the centralized bodies of the country or region in which the app works. Crypto tokens are created and circulated through funds, offered by some important bodies in the crypto department.

Crypto Token provides tons of facilities to its users

Crypto tokens can provide its users with the time in which they can use a certain facility offered by the blockchain. This can either be the license of software or online streaming of a video for a limited amount of time. Many users get confused between cryptocurrencies and crypto tokens as both provide similar facilities to their users. However, users can use the cryptocurrency only after creating a blockchain whereas they can use the crypto tokens on an existing blockchain. Crypto token also requires the verification for the transaction activities just as done in the case of cryptocurrency. Users can buy these tokens easily in a blockchain and can use it in many different ways. The wide variety of facilities provided by the crypto token is the major reason for its fast growth.