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World Crypto Gold (wcg) Is Proud To Announce The Release Of Its White Paper In Conjunction With Its Sponsorship Of Start Up Societies D10e Summit

World Crypto Gold (wcg) Is Proud To Announce The Release Of Its White Paper In Conjunction With Its Sponsorship Of Start Up Societies D10e Summit

World Crypto Gold (WCG) is Proud to Announce the Release of its White Paper in Conjunction with its Sponsorship of Start Up Societies D10e Summit WCG was honored to be apart of Start Up Societies D10e Summit on Decentralization and Blockchain technology in San Francisco last weekend MALAYSIA, Aug. 24, 2017 /PRNewswire/ --WCG was honored to be apart of Start Up Societies D10e Summit on Decentralization and Blockchain technology in San Francisco last weekend. As one of the featured guest speakers, along with a long list of top names in tech innovation, WCG announced the release of its highly anticipated Whitepaper, giving the public its first peak at the innovative new crypto currency, World Crypto Gold. WCG's blockchain technology is set to revolutionize the Crypto currency world by offering a digital currency backed by real gold. The tokenization of Gold will streamline the gold trading industry, and provide a stable alternative to today's volatile digital currency problem. WCG is a "proof of stake" based currency with its fundamental innovation being transparent forging. This eliminates network speed issues and creates the foundation of a well-established and mature peer-to-peer economy. WCG's own blockchain was built to address current problems faced with bitcoin and etherium and is being hailed as bitcoin 3.0. It has the ability to trim and reduce blocks, which gives it the ability to run on small low powered devices such as mobile phones, vastly improving the overall network and offering unlimited practical applications. WCG was to be used as a stable form of peer to peer payment as well as advanced blockchain technology incorporating Smart Consensus which is an evolution to smart contracts, a decentralized voting system, and the ability to integrate future applica Continue reading >>

Cryptos Down, Stocks Down, Is There A Correlation?

Cryptos Down, Stocks Down, Is There A Correlation?

Cryptos Down, Stocks Down, Is There a Correlation? Almost all digital currencies are down today some 15% or more, but stocks across the world have also seen some of their biggest losses in a year. Dow Jones and many other composites saw a decline of some 5% last week, 2.5% just on Friday, with indications it might continue this Monday, although Shanghai reversed its losses today and ended up on a high. Stocks have seen an incredible bull run for much of last year, adding trillions and trillions to the global market cap. Likewise, cryptos have increased considerably in price, rising to a market cap of $800 billion at the all-time high. Up to the beginning of this year, cryptos and stocks have seemingly moved in the same direction. Albeit digital currencies, like bitcoin and ethereum, have risen a lot faster. In January, most digital currencies took a downwards direction, with stocks now seemingly following too for much of last week, albeit at a far slower speed. If we ignore the speed of rise and fall, therefore, the direction for both cryptocurrencies and stocks seems to be fairly similar. The reason for it might be that digital currencies are now seen as an alternative to stocks, especially perhaps due to the ICOs phenomena. It might also be that investors in crypto and stocks overlap, with both usually attracting a higher level of risk takers trying to earn returns on parts of their savings. In contrast, gold no longer appears to be correlating with cryptos much at all while it had an inverse correlation relationship of sorts with bitcoin previously. The growth of cryptocurrencies has now also seemingly begun to affect some stocks, especially GPU providers. The rise of cryptos, therefore, and by association the rise of demand for more traditional services or products Continue reading >>

Gold May Become Main Winner Once Crypto-currency Craze Ends - | Seeking Alpha

Gold May Become Main Winner Once Crypto-currency Craze Ends - | Seeking Alpha

Gold May Become Main Winner Once Crypto-Currency Craze Ends The exponential growth rate we are seeing in crypto-currencies can only end in eventual global economic disaster, which is likely to happen within a few years. The gold market has been in a half decade slump, with the bottom we saw in late 2015, only yielding a stagnated price at a slightly higher price level. Despite investors being increasingly converted to the concept that gold market manipulation excludes it as a store of value, a new global financial crisis would trigger renewed interest. It was just a week ago that I published an article entitled: " Bitcoin Is An Exponentially Expanding Global Financial And Economic Black Hole " on bitcoin's ( COIN ) market cap appreciation and what its implications are for the global economy and finance. Last week the market cap of bitcoin was $138 billion, while as I write this, it is already $190 billion, just a week later. It is a $50 billion gain in its market cap, which is larger than the ECB's QE efforts for the whole month of November, therefore we are no longer talking about market shifts that are relatively insignificant in relation to global finance & the global economy. I should also mention that while last week there were 13 cryptocurrencies with a market cap of over $1 billion, right now there are already 17 just a week later, so it is not just the effect of bitcoin, but of a growing cryptocurrency market. As I pointed out in my last article on this subject, I believe that this rush of money into cryptocurrencies is having the effect of dampening demand for all other assets. Gold ( GLD ) is one of the main victims of this at the moment. I also think however that it will become perhaps the main beneficiary of the impending collapse. And given the accelerated Continue reading >>

Bitcoin Nipping At Gold Demand

Bitcoin Nipping At Gold Demand

Gold has surpassed many challengers over the centuries as a go-to safe haven investment. Some investors say bitcoin is the challenger with the best chance of dethroning gold as the globe's ultimate store of value. Debbie Carlson, a contributor to ETF.com and ETF Report Published 11:20 AM ET Sat, 21 April 2018 A worker places gold jewelery into a melting furnace at the Austrian Gold and Silver Separating Plant in Vienna, Austria. For centuries, gold has held a unique role: as a form of currency, a store of value and sometimes a speculative or alternative asset to stocks and bonds. No other asset has managed to retain such an allure over time. And over the centuries, there have been other pretenders for gold's throne (salt, florins or ducats, anyone?) but none has survived. The latest potential competitor for gold may be bitcoin, the cryptocurrency created in 2009 as open-source software for a decentralized form of payment. Last year, when bitcoin prices rose from their 2017 starting value of just under $1,000 to over $19,000 by mid-December, market chatter was that bitcoin was usurping gold's role as a store of value and alternative to fiat currencies. After all, bitcoin's price was skyrocketing, while gold was languishing, staying mostly in the $1,200 an ounce range, despite rising geopolitical worries. 10 new energy ETFs to play oil's recovery That price charts showed a near-inverse relationship between the two especially starting in the fall likely added to the speculation that bitcoin was sapping demand from the yellow metal. The fever surrounding bitcoin has died down that happens when the price of an asset falls by more than half in a short time period. But questions remain: Is bitcoin a competitor to gold? And what's the outlook for the precious metal? Pete Thoma Continue reading >>

Why Gold Stocks Could Soon Deliver Crypto-like Gains

Why Gold Stocks Could Soon Deliver Crypto-like Gains

By Justin Spittler, editor, Casey Daily Dispatch But you wouldnt know it by looking at the price of gold stocks. Theyre still down big on the year. The inflows, however, tell a different story. Last week, investors plowed $529 million into the VanEck Vectors Gold Miners ETF (GDX). Thats the most money that went into GDX in one week since September 2013. That alone should grab your attention. But its not the only reason why gold stocks should be on your radar. As youre about to see, gold stocks look poised for a massive breakout. They could even deliver crypto-like returns in the coming months. Ill show you how to set yourself up for those kinds of gains in a second. But let me first say a few words on gold Thats a big move but its hard to pin this rally on a single catalyst. And thats because there are a number of factors working in golds favor. For starters, the U.S. dollar has plummeted over the last few months. Its lost 11% of its value against a basket of major currencies over the past year. And a weak dollar is good for the price of gold. But thats not all. Tiny Company on the verge of a price breakout A tiny company has a rare technology that the U.S. military CANNOT do without. A single memo signed by Donald Trump could thrust this tiny company into the spotlight after March 2018. It could bolt for a potential 1,127% climb. But you can get in today for less than $3. Before the next price surge, I suggest you grab the ticker and place an urgent order . Inflation expectations are also rising. And we appear to be in the early innings of a new commodity supercycle . Now, one would think all this good news would lift gold stocks, too. This isnt supposed to happen. After all, these companies are leveraged to the price of gold. Theyre supposed to move with gold. But th Continue reading >>

Bitcoin Price: Cryptocurrency Expert Explains Why Btc Is Similar To Gold

Bitcoin Price: Cryptocurrency Expert Explains Why Btc Is Similar To Gold

Bitcoin price: Cryptocurrency expert explains why BTC is similar to gold BITCOIN price could reflect that of the gold commodity market because of their similarities, according to co-founder of the Gemini Exchange Cameron Winklevoss. Bitcoin had a market evaluation of $135 billion on Wednesday, according to CoinDesk data, after its price recovered from the plunge of the last few weeks. Cameron Winklevoss, CEO of Gemini Exchange, claimed the cryptocurrency will be worth 40 times its current value. Speaking on CNBC , Mr Winklevoss said: Taking bitcoin in isolation, putting all the other assets aside, we believe bitcoin disrupts gold. Bitcoin news: Cryptocurrency will reach $5 trillion in value, according to CEO Cameron Winklevoss We think it's a better gold if you look at the properties of money. And what makes gold gold? Scarcity. Bitcoin is actually fixed in supply so it's better than scarce and gold. It's more portable, its fungible, it's more durable. It sort of equals a better gold across the board. Bitcoin is actually fixed in supply so it's better than scarce and gold. It's more portable, it's more durable So if you look at a $100billion market cap today, now last week it might have been more like 200, so it's actually a buying opportunity, we think that there's a potential appreciation of 30 to 40 times because you look at the gold market today, it's a $7trillion market. And so a lot of people are starting to see that, they recognise the store of value properties. So we think regardless of the price moves in the last few weeks, it's still a very under appreciated asset. Compare crypto currencies (Ripple, Bitcoin, Ethereum, LiteCoin) on value, market cap and supply for the past year Continue reading >>

Gold Prices May Be Hurting Thanks To Bitcoin Buyers Amid Crypto Rush | Fortune

Gold Prices May Be Hurting Thanks To Bitcoin Buyers Amid Crypto Rush | Fortune

Bitcoin, the heavyweight of the cryptocurrency world, has billed itself as digital golda safe haven for investors to park their assets. Apparently that image is having an impact. While Bitcoins status as a potential substitute investment to the shiny precious metal with thousands of years of human history is debatable , some investors are foregoing physical gold for its significantly younger brethren. As Bitcoin prices inched toward an all-time high price above $19,500 in December , Byron Salamida, 48, of San Diego took some of his gold coins and decided to sell them at a local precious metals dealer. He planned to take the cash and purchase cryptocurrencies including Bitcoinas he had been doing for the past two years. After all, while his gold coins were simply sitting there, with roughly the same value minute after minute, the price of the cryptocurrencies he owned was shooting upseemingly into the stratosphere. Why keep something in gold? Its stable. But why keep it in gold when it stays in a $100 range, when I could buy Bitcoin when it is increasing everyday? Salamida said. He was surprised to find when he got to the precious metals seller where he planned to offload his wares that he wasnt the only gold owner who had the same idea. The shop owner bought the gold from Salamida for about $5 to $10 below spot price, citing low demand. The owner mentioned he had noticed a recent surge in customers who were selling gold in a bid to buy Bitcoin. There was definitely a trend where it seemed like for a month people were selling precious metals for cryptocurrencies, says Michael McConnell, the owner of precious metal seller San Diego Coin and Bullion, where Salamida has been selling his gold coins for the past two years. It seemed like it was every daysome days two or thre Continue reading >>

How I Fell For The Blockchain Gold Rush

How I Fell For The Blockchain Gold Rush

Cryptocurrencies that can make millionaires in minutes are justification enough to get out of bed at 5am to gamble First published on Sat 6 Jan 2018 19.05EST Tokyoites walk past a Bitcoin currency poster at the entrance of an electronics store.Photograph: Franck Robichon/EPA Bitcoin envy, the ultramodern malaise. News reports are full of this magic internet moneys rocketing value currently $16,000 and Facebook is dotted with people who picked some up at $500, $50 or even 50 cents. But the cryptocurrency ship hasnt yet sailed. In the volatile market of alternative cryptos, relatively unknown alt-coins such as ripple , litecoin and ethereum regularly shoot up by hundreds of per cent in a matter of weeks, and plummet just as fast. Bitcoin envy has brought in vast sums of new money, dollar-eyed investors taking a Las Vegas gamble on which of the more than 1,000 alt-coins might rocket next. In September the cryptocurrency market cap was $137bn. Today its $800bn. Its a blockchain gold rush. In mid-December a Facebook friend well-versed in crypto tipped Cardanos ADA , which at 21 cents was just the tip I was after. Little did I know I was riding unarmed into a lawless digital wild west, where fortunes are made and lost on a tweet and every shill, trickster, bot and conman is using all the unregulated tricks in the book to make a fast buck. And this was undoubtedly my first rodeo. For a form of currency designed to wrestle financial control away from centralised banks and governments and back into the hands of the people, there is a surprising amount of red tape involved with buying cryptocurrency online. It took me two days to pass security checks on depository Coinbase and crypto exchange Binance and scour Reddit to find out how a digital wallet worked. One night my wife wok Continue reading >>

Bitcoins Popularity Resembles That Of Gold In 2011 Right Before The Precious Metal Halved In Price - Marketwatch

Bitcoins Popularity Resembles That Of Gold In 2011 Right Before The Precious Metal Halved In Price - Marketwatch

Bitcoin mania is like a modern-day gold rush. This is probably not the first time youre seeing the words bitcoin and bubble in the same article and it probably wont be the last time. A total of $100 invested in bitcoin on July 28, 2010, was worth $28,341,266 on Dec. 12, 2017. Understandably, everybody (and their grandma) wants a slice of that pie, wondering if its too late to get in. No doubt, bitcoin has become a mania. Manias lead to bubbles, and bubbles burst at some point. But could bitcoin be the anti-bubble. Bitcoin has been likened to the tulip and South Sea bubble, but the mere existence of such references seems to suggest that maximum euphoria (and the ensuing crash) has not yet been reached. Elliott Wave Internationals Robert Prechter published the chart below, which plots the price of bitcoin against a Google search for bitcoin bubble. The number 5 with a circle around it at the top right signifies a completed rally leg (to be followed by a significant decline), according to Elliott Wave Theory. Here is Prechters conclusion: A bearish trifecta the Elliott wave pattern, optimistic psychology and even fundamentals in the form of blockchain bottlenecks will lead to the collapse of todays crypto-mania. The only problem: The above research was published July 13, when bitcoin traded at $2,358. Bitcoin has already traded above 18,000 this month. My intention here is not to pan Prechter, but simply to illustrate the tricky nature of picking mania tops. Bitcoin is an alternate currency, and its popularity is partially due to investors distrust of governments (and their currencies). The last time we saw a flight away from paper currency was in 2011, when the U.S. lost its triple-A status, and various European countries were at the brink of going belly up. Similar to b Continue reading >>

Cryptocurrency Price

Cryptocurrency Price

The Holdings Calculator permits you to calculate the current value of your gold and silver. Enter a number Amount in the left text field. Select Ounce, Gram or Kilogram for the weight. Select a Currency. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. If you wish to select a currency other than USD for the Silver holdings calculator. The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown. Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen. The Current and Future Gain/Loss will be calculated. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator. Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator. When you return to goldprice.org the cookie will be retrieved from your machine and the values placed into the calculator. A range of other useful gold and silver calculators can be found on our Calculators page Continue reading >>

My Cryptogold News Archivy - Cryptogold Business Partner

My Cryptogold News Archivy - Cryptogold Business Partner

Real Lifetime Mining of Bitcoins and Cryptocurrencies for Everyone My Cryptogold News Cyptogold Mining. As part of the community My Cryptogold, you can benefit from outstanding career opportunities and top conditions. CryptoGold supports you in your entry into the future market of cryptocurrencies. Sign Up for Crypto Gold Updates and My CryptoGold News and NEWSLETTER. CryptoGold provides access to the future market of cryptocurrencies. Crypto Gold has given each investor a great privilege. The Mining!!!! Mining is the creative process of the cryptocurrencies, i.e. the digging of gold at a digital level. This process requires a certain know-how and costly hardware without Crypto Gold. The brilliant thing about Crypto Gold is that your investment does not only generate profit due to the appreciation of the coins, but your investment also produces parallel coins. You can either purchase a complete mining pool from $ 500 to $ 5000 at Crypto Gold or invest in pool shares which can be purchased starting from $ 50. Once acquired, the pool is yours for A LIFETIME. Currently, large systems are already available and are massively expanded to ensure the computing capacity is distributed proportionally. The Mining profits are credited to your account daily, 50% is paid out and 50% is fully reinvested specifically in the purchase of new mining hardware. This automatically generates more profit. A special Limiter offer for Cryptogold miners and investors in Bitcoin will be launched on 22nd of May! From 22/5, Bitcoins $ 5,000 MINING POOL is available (with 3% higher mining power) + 500 USD FREE. Invest 2 x $ 5,000 in an excellent mining performance worth $ 11,000. This action has never been here in history and the number of packets will be limited! Contact us CRYPTOGOLD operates in t Continue reading >>

As Investors Turn To Cryptocurrencies, Gold Suffers

As Investors Turn To Cryptocurrencies, Gold Suffers

As Investors Turn to Cryptocurrencies, Gold Suffers By Nathan Reiff | July 10, 2017 4:43 PM EDT Investors looking to make an investment in an exciting new area are increasingly turning to cryptocurrencies. It's no wonder why: Bitcoin, the leading digital currency by market capitalization, has gained nearly 200% since the beginning of 2017. Ethereum, the next biggest currency, has gained more than 3,000% over the same period. (See also: Why Ethereum Prices Reached Record Highs .) There are new currencies added to the list every month, and a sharp uptick in the number of initial coin offerings , or ICOs, means there are many other new startups and ventures related to the burgeoning crypto industry as well. As investors move to place their assets in the digital realm, demand in other areas seems to be drying up. In fact, gold may have been the most heavily impacted by the recent gains in the cryptocurrency world. Cryptocurrency supply has actually dropped fairly significantly in recent months, according to a report by Business Insider . The rate of Bitcoins added to the market has more than halved in the past 12 months, from a rate of 9.3% to 4.4%. If mining continues to slow down, Bitcoin won't reach its theoretical maximum number of 21 million Bitcoins until the year 2045, if not later. As supply has dwindled, prices have continued to rise. It seems that the opposite may be true for gold. Gold production has climbed significantly since 2009, now sitting at 3,100 metric tons. This constitutes a record high level of production of the precious metal. Tom Lee, managing partner and head of research for Fundstrat Global Advisors, indicated in a letter to clients that "cryptocurrencies are cannibalizing demand for gold . Bitcoin is arguably becoming a scarcer store of value. I Continue reading >>

Cryptocurrencies Are No Substitute For Gold

Cryptocurrencies Are No Substitute For Gold

Cryptocurrencies are no substitute for gold Bitcoins parabolic price rise was the big story of 2017 putting the spotlight on the cryptocurrency market. While golds performance was a solid 13%, it was a fraction of the 13-fold increase of bitcoin by the end of the year. Some commentators went as far as to claim cryptocurrencies could replace gold. The differences between gold and cryptocurrencies are explained in this short video: Cryptocurrencies may become an established part of the financial system. But, in our view, gold is very different from cryptocurrencies, as gold: trades in an established regulatory framework has a well understood role in an investment portfolio has little overlap with cryptocurrencies on many sources of demand and supply. These characteristics underpin golds role as a mainstream financial asset that will likely continue to resonate in todays digital world. Chart 1: Bitcoins price saw a parabolic rise in 2017* Cryptocurrencies and gold competitors or complements? Despite anecdotal comments from some well-regarded financial commentators that gold prices and demand are suffering from the rally in cryptocurrencies, there isnt any quantifiable evidence to support this. The weakness in physical demand in 2017 for example, the paltry sales of US Eagles is largely explained by the steady march higher of the S&P 500. Other established gold markets such as China saw healthy levels of demand. Overall, the level of the gold price in 2017 appears to be consistent with drivers of the past few years and is showing no signs of suffering from crypto-competition. Another factor to consider is competition within cryptocurrencies themselves. There are currently over 1,400 cryptocurrencies available and, while bitcoin is the largest by far, new technology could h Continue reading >>

Cryptogold Is The Leading Bitcoin Mining Group And Gold Coinmining

Cryptogold Is The Leading Bitcoin Mining Group And Gold Coinmining

CryptoGold is the Leading Bitcoin Mining Group and Gold CoinMining The beginning of real time CryptoGold there is forever! Time to register your free position today hange your life and create personal and financial freedom! ryptoGold Strong and Stable Company that wont collapse in a Many years! At first they founded CryptoGold in 2016 and build the infrastructure. In 2017 they started to hire Top leaders and began pre sale of their mining products. In June the official MLM started the pre launch in which we are still at this time. Right at the moment CryptoGold is aktive in 67 countries with 56.000 partners. The mining equipment is more then 50.Mio $ of worth and will raise up to 100 Mio $ until the end of 2017! CryptoGold owns 4 own mining farms in the USA and one only for big investors from 500.000$ in China. Until the end of the year 2017 CG will And next year announced to be the largest mining company in the world beside China. It is invested in Crypto-currencies such as BitCoin, Ethereum, zCash, Dash or LiteCoin. The existing mining facilities will be massively expanded and investments will also be made in new mining facilities. Get registered and get ready because this is going to be HUGE! We provide CryptoGold with an amount of X with which you buy Mining Hardware again, so we participate in a Mining Pool. Here, of course, there are different entry sizes, which are divided as follows The amounts are always the same, there are differences only in the cryptocurrency for which we decide. We can choose from Bitcoin (BTC), Ethereum (ETH), zCash, Dash and Litecoin (LTC). The daily reimbursement can not be quantified precisely, since it varies daily in mining. There is also a 50/50 rule. 50% of the income is paid directly to your wallet once a week, the other 50% are u Continue reading >>

World Crypto Gold (wcg) Coin

World Crypto Gold (wcg) Coin

Buy, Sell or Exchange World Crypto Gold (WCG) Instantly If you are wondering about World Crypto Gold in terms of technical specifics, look no further. Here are some common questions and additional details about World Crypto Gold (WCG). What type of algorithm does WCG, World Crypto Gold use? Like many older coins, World Crypto Gold uses an older SHA256 as an algorithm. SHA256 hashing is used in over 10% of cryptocurrencies.World Crypto Gold uses a known Proof System.Based on an evaluation of over 2000 cryptocurrencies, fewer than five percent use this combination of algorithm and staking.This combination is fairly unique.SHA-256 is a cryptographic algorithm that turns data into a string of text. This algorithm was created by the NSA and it uses nearly unique 256-bit signatures which must be proven through the use of one of the proof systems. The following coins all use SHA256 SARCoin (SAR*) , Infinity Economics (XIN) , Ar.cash (AR*) , Internet of People (IOP) , Bitcoin (BTC) , UnitedBitcoin (UBTC) , UniversalRoyalCoin (UNRC) , World Crypto Gold (WCG) , ZayedCoin (ZYD) , ALTcoin (ALT) , LitecoinCash (LCC) , XinFin Coin (XDCE) , Credence Coin (CRDNC) , Bitcoin Atom (BCA) , Crave-NG (CRAVE*) , You may have heard of SHA256 because the most popular cryptocurrency that you can buy with a credit card , Bitcoin, uses it. World Crypto Gold has changed in price by 0 in the last 90 days. This represents a 0.00 percent move in the price of WCG. While World Crypto Gold coin price continues to change, so to does the market capitalization of the coin. At this moment the market cap is a product of the current price of $ USD and a total coin supply of 900000000. In the sections below you can find key statistics and information on the current, past and future price predictions as well as Continue reading >>

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