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Showing 13 of 13 results by Proassetz Exchange
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Topic
Board Bitcoin Discussion
What makes bitcoin a trending topic? Bitcoin in a nutshell.
by
Proassetz Exchange
on 18/12/2018, 07:33:36 UTC
Bitcoin is a type of digital currency,to be more specific crypto-currency , which is based on cryptographic algorithm. Its generation, verification of transaction everything depends on cryptographic algorithms. Biggest benefit of Bitcoin is that bitcoin transaction between two individuals take place without any third party involvement. It is totally decentralized money. It’s transfer, verification and generation everything is dependent on common public. There is public ledger . You can see your transaction in that public ledger. No one deny that he did not receive money. There is no scam in bitcoins if you have the bitcoins in your wallet it is 100% yours.

Here are a few highlights of its benefit:

· Freedom in Payment / Instant Transactions: With Bitcoin, it is very possible to be able to send and get money anywhere in the world at any given time.

· Very Low Fees: Currently there are either no fees, or very low fees within Bitcoin payments. With transactions, users might include fees in order to process the transactions faster. The higher the fee, the more priority it gets within the network and the quicker it gets processed.

· Information is Transparent: With the block chain, all finalized transactions are available for everyone to see, however personal information is hidden. Your public address is what is visible; however, your personal information is not tied to this. Anyone at anytime can verify transactions in the Bitcoin block chain.

· Fraud: Cryptocurrencies are digital and cannot be counterfeited or reversed arbitrarily by the sender.

· Identity Theft: Cryptocurrency use a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information

· Immediate Settlement: Bitcoin contracts can be designed and enforced to eliminate or add third party approvals, reference external facts, or be completed at a future date or time for a fraction of the expense and time required to complete traditional asset transfers.

Thats all I can say

Thanks for reading.
Post
Topic
Board Beginners & Help
How do we explain a BITCOIN to a small child?
by
Proassetz Exchange
on 17/12/2018, 05:20:52 UTC
Ordinary money is physical like a coin. Bitcoin is like a coin stored on a computer, it is computer money.

When you see ordinary money on a computer, it is basically physical money that is in a bank. But computer money is actually on your computer.

With ordinary money, the government decides how much money there is.  With computer money, a computer formula tells you how much money there is.

With ordinary money you almost always know who you are doing business with. But with computer money you don't need to know who the person is, you just need to connect to his computer.

With ordinary money the government can easily tell how much money you have and how much money you should pay the government, because that money is in a bank. With computer money it is difficult since that money is on your computer.

With ordinary money you need to pay a fee when you send money because the money has to go from one bank to another and those banks have fees. With computer money you don't need to pay a fee because the coins go directly to the other person's computer.

So with ordinary money you need governments and banks, but with computer money all you need is your computer!

This isn't quite true anymore, but it is the closest approximation of the truth I think that would make sense to a small child.
Post
Topic
Board Speculation
WILL BITCOIN EXPLODE IN NEAR TIME?
by
Proassetz Exchange
on 14/12/2018, 14:29:32 UTC
According to my perception, the bull run will be there at the end of this year.Anything can't go up up up it needs to come down (that's called correction) similarly anything can't go down down down it needs to come up (reversal)!!

In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.

I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing.

It’s just a tough phase that cryptocurrency market is going through right now. But in the near future one can expect bitcoin’s price to rise.

Bitcoin has always repeated history. It had always come back. so hope for the best.

Whats your views?
Post
Topic
Board Speculation
What if bitcoin crashes to $1 overnight?
by
Proassetz Exchange
on 12/12/2018, 05:51:07 UTC
Actually the assumption is impossible. No asset class in history I believe has crashed to a $1 “Overnight” . Even if it were to crash to a low price it would take many months, maybe years. When a company’s stocks tumble because of liquidation it takes months, years too until it’s delisted.

If on other less regulated market places it did, short sellers could easily arbitrage and for $5 in insurance would buy 5 Bitcoin and run the token into zero value.


your views?
Post
Topic
Board Speculation
Does Stock market crash effect the price of bitcoin?
by
Proassetz Exchange
on 28/11/2018, 08:11:39 UTC
 A market crash can be a manipulation made by smart players to make money, taking advantage of small investors who panic and sell.

 One of the biggest drivers of the Bitcoin price are low worldwide interest rates, leading individual investors to bet on Bitcoin.

I think stock market crash would effects the bitcoin price because people sell the stocks and search for another investment, like Bitcoin

Moreover, If stock market crashes and a positive news effects the bitcoin, then the price of Bitcoin will raise.

If the stock market crashes and a negative news effects the bitcoin, then the price of Bitcoin will fall.


What’s  your opinion about it?
Post
Topic
Board Exchanges
For DELHI Crypto enthusiast, pack your bags for biggest event
by
Proassetz Exchange
on 25/11/2018, 16:56:12 UTC
Proassetz is a Crypto to crypto exchange and soon we will introduce fiat currency. Currently it has three parameter of trading option which includes Limit, Market, Stop limit.

Proassetz has it's own wallet and doesn't RELY on third party which helps the exchange wallet to be more secure. Withdrawal and deposits methods are faster. Proassetz will introduce many more option for traders. Proassetz soon will launch a Hybrid exchange

Proassetz Launch is just around the corner!!



To mark your presence at our event, please register with us online:-



visit our offical telegram group for the link and be a part of biggest crypto event



Join us at Justia Atrio, on December 8, 2018, Saturday; 11:00 am onwards
Post
Topic
Board Altcoin Discussion
Re: Why new crypto exchanges fails to grow ?
by
Proassetz Exchange
on 23/11/2018, 18:49:07 UTC
Based on blockchain technology, ProAssetz offers a premium Hybrid Exchange that incorporates a decentralized ledger within its proprietary centralized platform bringing large scale crypto trading to a level of quality and transparency that would definitely ease your trading experience
Post
Topic
Board Bitcoin Discussion
What if bitcoin face a ban in INDIA?
by
Proassetz Exchange
on 21/11/2018, 16:40:14 UTC
Bitcoin is a decentralized digital currency, which can be transferred to anyone, anywhere in the world via internet without any mediation any from central authorities like bank or government.

Bitcoin is not controlled by any Government or Institution in the world. Hence no one can’t stop from trading (Buying / Selling) Bitcoins.

Let us assume that bitcoin faces ban in INDIA , then these are the things that will happen:

• People will start doing Hawala via Bitcoin

• An underground market will develop with Bitcoin as currency. People will pay for all sorts of stuff with Bitcoins.

• Government will not be able to track Bitcoin transactions, they will lose on taxes

• Bribes will increase in Bitcoin. As Government does not recognise people will start paying bribes in Bitcoins

• People who want to transfer their funds from India, will convert their wealth in Bitcoins and move to another country

• India will lose to a global phenomenon

Whats your views about it?
Post
Topic
Board Altcoin Discussion
Re: Why new crypto exchanges fails to grow ?
by
Proassetz Exchange
on 19/11/2018, 10:50:56 UTC
Agreed but there are several reasons why crypto is being banned.  Crypto is non taxable and there is a huge risk of money laundering through it , countries are taking some time to develop policies regarding it and they also needs to preserve their existing financial system. Keeping KYC mandatory actually eliminates the risk of money laundering to some extent.  
Exchanges now a days have some flaws, if investors gets an exchange which makes their trading easy and exciting, they will automatically go there.
Post
Topic
Board Altcoin Discussion
Re: Why new crypto exchanges fails to grow ?
by
Proassetz Exchange
on 19/11/2018, 10:07:45 UTC
keeping KYC mandatory is necessary as security is our main concern, moreover we are coming up with our own utility token, we are not using any bot to increase the group count, focused on organic growth and covering the problem areas which investors are facing on other exchange.
Post
Topic
Board Altcoin Discussion
Re: Why new crypto exchanges fails to grow ?
by
Proassetz Exchange
on 19/11/2018, 09:29:43 UTC
Low trading fee, Multilayer security, Liquidity, Multiple language support, Reliable and transparent, Smooth user interface, Fast track verification, Advance reporting, Buy and sell securely, isn't that great if a single exchange comes up with all these features. Proassetz is a solid project which is intended to ease the trading experience of investor. looking for decentralised exchange, we are coming up with a hybrid one.Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.
High graded trade engine and optimised platform for the connection between traders and trading, visit us and feel the difference.
Post
Topic
Board Altcoin Discussion
Why new crypto exchanges fails to grow ?
by
Proassetz Exchange
on 19/11/2018, 08:46:12 UTC
2018 been rough for crypto exchanges as a whole, with lots of exchanges shuts down and general interest in the sphere gradually declining. However, there are a number of projects that keeps hitting the market but didn’t perform well. Every exchange wants to adopt the pace of Binance but unfortunately ends up being low. Here are some of the reasons why new exchanges face downfall:

· Some cannot execute on their product vision and purpose.

· Some never release a real product to the market.

· Some do release a product, but never find a product-market fit. They release a product that there’s no need for, a product that solves a problem that nobody has.

· Some may release a great product but they do it too late and a competitor eats their lunch.

· Some fail as nobody ever hears about them due to the company ignoring sales and marketing.

Moreover, the unfavorable market conditions worsen their adaptation. We are also coming up with a solid project that aims at the problems which investors are facing while trading on exchanges.

Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.

High graded trade engine and optimised platform for the connection between traders and trading. we are about to launch and we will float hybrid exchange.

Do review us and give your valuable suggestions.
Post
Topic
Board Exchanges
Pushing digitalized dimensions across boundaries:
by
Proassetz Exchange
on 11/11/2018, 13:20:16 UTC
Unintuitive user interface , No Fiat support , Limited countries supported , Slow costumer service and limited payment methods are the main issues investor are facing on crypto exchanges. Focusing strictly on these, we come up with a solid project, Proassetz, an exchange incorporated in Europe. Featuring a smooth user interface with a high security assurances and a low trading fee ,we are going to hit the market soon. We care about your money, come and feel the difference. visit www.proassetz.com

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