1.7K Followers
·
Follow

A small but growing industry of luxury boutiques that cater exclusively to cryptocurrency holders has emerged. This article profiles a pioneer in this area: BitDials, which was the world’s first cryptocurrency-only online luxury store.

Check out our new platform: https://thecapital.io/

Image for post
Image for post

Most people who have spent any time in the crypto space are familiar with the “Lambo” meme. It refers to bitcoin enthusiasts’ tendency to buy Lamborghinis as a way of cashing in on the value of their crypto. However, as cryptocurrency pushes into the mainstream a lot more options are becoming available for holders looking to use their coins to buy luxury goods.

Charting the Growth of Cryptocurrencies

BitDials was started by an early crypto adopter and an established watch retailer in Germany in 2016. Instead of offering Lambos, BitDials started with high-end luxury watches. …


By Mina Down on The Capital

The cryptocurrency market is heating up and many are calling 2020 Bitcoin’s next “bull run” year.

But out of the thousands of cryptocurrencies available, it is hard to know which have a future without putting a lot of time and energy into researching them. I have done this research and in this article, I highlight 11 Altcoins I think have the greatest potential for growth in 2020. Please consider using my referral link when signing up for any new exchanges.

Image for post
Image for post

Ethereum (ETH)

ethereum was created in 2015 and it remains my top choice of altcoin. ETH has massive potential and has been called “the most undervalued crypto on the planet.” ETH is incredibly popular for two reasons. First, its smart contract technology makes it extremely versatile. Second, the tools it offers make it easy for developers to build decentralized applications on its network. The use cases for Ethereum are vast and include this like banking and financial contracts, records and data management, prediction markets, escrow, and identity management and privacy. Ethereum transaction time is fast compared to Bitcoin and for the past several years multiple new coins have claimed to be “ETH killers” but have come up short. …


Image for post
Image for post

TL;DR: Staking coins using a staking service like Kucoin’s Pool-X is the easiest way to earn passive income from cryptocurrency.

How to Generate Free Cryptocurrency

One of the most popular ways of earning profit in the cryptocurrency space is through something called “staking.” Staking involves holding a number of coins to help enable the functioning of a blockchain.

As a reward for staking coins (as opposed to selling or trading them) individuals get a portion of the daily transaction fees generated over the entire network. …

About

Mina Down

Writer interested in blockchain projects that will add to the social good

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store