Sive Morten is a European bank analyst, author of complete forex trading course available on Forex Peace Army, and a part of FPA's Shoulders of Giants Program where he shares the analytics of Forex market, Crypto market, and precious metals market.
Last time, we touched on the strengths and weaknesses of blockchain technology and showed that it’s not as inflexible as many people think. In the last few years, inspired by Bitcoin’s popularity, developers have not only been improving the existing algorithm but also inventing alternatives. As a result, many new cryptocurrencies have been created although Bitcoin remains #1 by far and Ethereum steadily holds second place.
2014 saw the first big crash in the blockchain and Bitcoin space, drawing the attention even of people who didn’t own Bitcoin and had no interest in it. Mt. Gox, the largest Bitcoin exchange closed without being able to refund their clients’ deposits.
Recent polls by CNN indicate a shift in the global attitudes toward cryptocurrencies. They show that, at present, more than half the people in the world know what cryptocurrencies are and that more than 30% of millennials will buy cryptocurrency in 2018.
In the last article, we talked about the imperfections of the bitcoin and blockchain technologies and looked at some of the myths. As promised, today we will talk about what should be done to fix those flaws and how blockchain technology has already been improved and made to work more efficiently.
Hello, everyone! We continue our look at bitcoin and blockchain technology with the second article in the series. Last time, we explained what the blockchain and bitcoin are. Today, we will discuss some of their important features and debunk a few myths.
Since 2009, and especially in the last two years, we have been hearing curious words such as “cryptocurrency,” “bitcoin,” and “blockchain” thrown about… These evoke a feeling of mystery in most people, as if they were spells or magical incantations for those who are in the “circle of trust.”
By day Sive Morten works for the large European bank. In that roll he evaluates the markets including currencies market managing bank risks and evaluating the bank portfolio.
At the Forex Peace Army, he is known as an author of Forex Military School, which quite unique free forex trading course. We do not know of any other free forex trading education covering such a broad spectrum of forex market concepts in such details while keeping it easy to understand and practically use.
As if that wasn't enough, he is the part of the Shoulders of Giants Program. He shares with his fellow traders at FPA his view and forcast of the Gold Market, Currency Market, and Crypto Market in form of weekly analytics and daily video updates.