A Bitcoin Auction to Be Conducted by US Marshals Service

There is an auction of approximately 2,170 Bitcoins announced by the US Marshals Service that were seized in the course of different federal criminal, civil and administrative cases, as stated by a press release on the 5th of March.The date for the auction as informed will take place on March 19, 2018, from 8 a.m to 2 p.m.EDT. The bidders interested in participating in the auction will have to go through a registration process, along with a deposit of $200,000 which must be filled by noon EDT March 14.The bitcoins will be divided and offered in 14 different blocks: two blocks of 500 BTC, 11 blocks of 100 BTC, and one block of approximately 70 BTC. A private notification will be sent to the winning bidders on the same day as the auction.The US Marshals Service has posted on their website a list of the range of cases from which the bitcoins are seized in the form of an official notice. Shaun Bridges, one among the record, was convicted of stealing $800,000 in bitcoins in 2015.The US Marshals Service has previously conducted auctions of bitcoins that were seized in the course of civil and criminal proceedings. The agency sold 3,813 BTC on January 22, 2018, a sum worth over $40 mln according to that particular day’s exchange rate.The previous auction was conducted in August 2016 where 2,700 BTC were sold. Estimated market value at the time was nearly $1.6 mln.Coindelite is the most delightful media channel to get you the Latest Bitcoin News, Cryptocurrency News, and ICO Press Releases. Check updated ICO list, Live Cryptocurrency price charts, information Cryptocurrencies and real-time market data. It is the only web platform that includes information regarding live cryptocurrency price charts, Bitcoin price trends, favourability and unfavorability of a trade, Complete list of ICOs, their scopes and functions, Rates of various cryptocurrencies according to distinguished crypto-exchange platforms, Real-time Market Data, Worldwide press releases, Bitcoin and other cryptocurrencies’ news, Blockchain and ICO Events, leading cryptocurrencies’ lists, and list of Top ICOs (Initial Coin Offerings), etcThe best thing about the Coindelite platform is that all the data is getting updated on a near real-time basis. It avails you with latest and brand new trends, trades, and issues regarding the Crypto-world. Subscriber users stay tuned to real-time cryptocurrency price charts, along with the upcoming cryptocurrencies, ICOs (Initial Coin Offerings) and the latest news related to Bitcoin or other altcoins. All of the most recent market prices, reviews, news regarding the cryptocurrency world is being presented in a user-friendly manner.

What Is Bitcoin & Why Is Cryptocurrency So Popular?

Bitcoin has been the buzz word in the financial space. As of a matter of fact, Bitcoin has exploded the scene in the last few years and many people and many large companies are now jumping on the Bitcoin or cryptocurrency bandwagon wanting a piece of the action.People are total new to the cryptocurrency space are constantly asking this question; “What is Bitcoin really?”Well, for starters bitcoin is actually a digital currency that falls outside the control of any federal government, it’s used worldwide, and can be used to purchase things like your food, your beverages, real estate, cars, and other things.Why is Bitcoin so important?Bitcoin isn’t susceptible to things like governmental control and fluctuations in the in the foreign currencies. Bitcoin is backed by the full faith of (you) the individual and it’s strictly peer-to-peer.This means anyone complete transactions with Bitcoin, the first thing they realize is that it’s a lot cheaper to use than trying to send money from bank to bank or using any other services out there that requires sending and receiving money internationally.For example, if I wanted to send money to let’s say China or Japan I would have to have a incur of fee from a bank and it would take hours or even days for that fee that money to get there.If I use Bitcoin, I can do it easily from my wallet or my cell phone or a computer instantaneously without any of those fees. If I wanted to send for example gold and silver it would require many guards it would take a lot of time and a lot of money to move bullion from point to point. Bitcoin can do it again with a touch of a finger.Why do people want to use Bitcoin?The main reason is because Bitcoin is the answer to these destabilized governments and situations where money is no longer as valuable it used to be. The money that we have now; the paper fiat currency that’s in our wallets is worthless and a year from now it’ll be worth even less.We’ve even seeing major companies showing interest in the blockchain technology. A few weeks ago, a survey went out to a handful of Amazon customers whether or not they would be interested in using a cryptocurrency if Amazon creates one. The results from that showed that many were very interested. Starbucks even hinted about the use of a blockchain mobile app. Walmart has even applied for a patent on a “smart package” that will utilize the blockchain technology to track and authenticate packages.Throughout our lifetime we’ve seen many changes take place from the way we shop, the way we watch movies, the way we listen to music, read books, buy cars, look for homes, now how we spend money and banking. Cryptocurrency is here to stay. If you haven’t already, it’s time for anyone to fully study cryptocurrency and learn how to take full advantage of this trend that’s going to continue to thrive throughout time.

5 Advantages of Cryptocurrency: All You Need to Know

If you are looking for a good alternative to cash and credit cards, you can try out cryptocurrency. Today, this currency is quite popular across the globe. A lot of companies now accept payments through cryptocurrency just like a regular currency. Bitcoin is one of the most popular cryptocurrencies, which is why a large number of people have been putting money in Bitcoins. Powered by Blockchain, you can make transactions without any security risks. In this article, we are going to discuss some of the most prominent advantages of cryptocurrency.Easy Transactions If you often deal with legal representatives and brokers, you know that they charge heavy transaction fees against each transaction. Apart from this, you have to pay for a lot of paperwork, commissions, and brokerage services.On the other hand, if you use cryptocurrency, you can eliminate all of the middlemen. You will use a secure network to perform all of your transactions. Each transaction is transparent and won’t involve heavy transaction fees.Asset Transfers It is easy to transfer the ownership of cryptocurrency from one person to another. Blockchain is behind all of the ecosystems. Therefore, you can perform all of your transactions in a safe and secure environment.The good thing about cryptocurrency is that it allows you to add third-party approval for future payments. If you have this currency, you can easily make asset transfer without any problem.Confidential Transactions In the case of cash or credit, there is a record of every transaction. And these records are also stored with the bank that you have your account with. Whenever you make a transaction, your bank maintains a record of it. Even if you are a business owner, your bank knows how much money you have in your bank account. This is not good from the point of view of privacy.The beauty of cryptocurrencies is that every transaction is unique. Every deal involves terms of negotiation. There is a push concept that provides the basis for information exchange. Nothing will be disclosed to the recipient except what you allow. So, you will have complete privacy and identity protection.Low Transaction Fee If you check your bank statement, you will be amazed to see that the bank has charged you a transaction fee for every single transaction that you have conducted so far. If you perform a lot of transactions every day, the total amount of bank fees will be quite high.On the other hand, transaction fees in the case of cryptocurrency are very low. However, if you hire the services of a third party for the maintenance of your crypto wallet, you may have to pay for this service. However, these fees are far less compared to the fee charged by conventional banks.Peace of MindYou can use the internet to transfer cryptocurrency with complete peace of mind. As a matter of fact, anyone can use this service as long as they have access to the internet. All you need to do is have a basic understanding of the cryptocurrency network. In short, these are just some of the primary advantages of using cryptocurrency.

Are You Choosing the Right Stock Market Advisory Company

What do you do if you want to learn driving a car? You will try to find an expert teacher, isn’t it? You do not want to avail the services of a novice individual to help you out, but a professional person can provide you the vital tips and most importantly guide you efficiently. Similarly, when it comes to investing in the stock market for the first time, you require a knowledgeable advice to attain your financial goals and get profitable returns.

If you are a beginner, then it is quite obvious that you may be having no information about the process of buying the right shares in the market. In such a situation, getting the right tips from an experienced financial advisor or a registered advisory company will truly prove to be a great blessing in disguise. However, there are some of the important things that have to be kept in mind while choosing the top stock market advisory company, which are as follows:

How much assistance do you actually require?

Before you make up your mind to hire an advisor, it is imperative that you must first decide about the kind of service you require from them. You may need their help at the beginning or during the time of any issues. This is because an advisor has to formulate a map according to your requirements. Hence, it is suggested to ascertain your needs first and then take further action.

Choose a top ranked advisory company

It is a very important point that has to be taken into the consideration. Availing services of the well known advisory company or a financial advisor is an absolute necessity. Make it a point to carry out a proper background or research work about the company. Check out their credentials, reputation, experience, etc before hiring them.

Asking for a sample financial plan initially makes sense

When hiring a financial advisor, then do not forget to ask for sample plan first. It is imperative to note that there is no such thing called the perfect plan. A sample plan will help you to determine whether an advisory company is actually making sense according your requirements or not.

Conclusion

The financial planners or advisory companies can really turn out to be the greatest asset for you if you choose the best one. They are just like the professional sailors who can help you out to sail through stock investment related problems quite efficiently.

Deepak is a financial advisor who likes to provide quality tips to the people facing any issues with regard to investing in the stock market. He likes to keep himself updated about the stock market by reading articles, news and blogs, etc.

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