The World of Cryptocurrency How many people here understand the concept of cryptocurrency?
“ How many people here know what the blockchain, alt coins, and ICO’s are?
“ Do I have any fellow cryptocurrency investors in the room?
“ 1 How did it all start?
Satoshi Nakamoto A Bit of Bitcoin History
2007 Satoshi 2009 2011-2012 Nakamoto First Bitcoin Silk Road wants to transaction in opens decentralize block #170 currency $142,904,703,379 Market Cap 16,858,750/21,000,000 In circulation TrumpCoin PandaCoin Coinye DogeCoin
Users faith in the system gives it value
PutinCoin Boats and Bitches “ Coin Alt Coins
◉ Alternate coins are any coins that are not Bitcoin Wallet
◉ Similar to an email Exchange
◉ Used for trading alternate coins, also known as a Hot Wallet
My Referral ID:22561919 2 The Blockchain
The backbone of cryptocurrency How it works
◉ A system of checks and balances ◉ Imagine all of your receipts and income checks are verified by strangers How it works
◉ They are then put into a public ledger where anyone can see the transactions
◉ Your encrypted wallet assures you remain anonymous 3 Mining
How cryptocurrency is generated “ 4 Smart Contracts
My favorite part of the blockchain “ “ 5 ICO’s
The birth of new coins ICO
◉ ICO’s allow you to invest in new coins before they list on exchanges ◉ Very much like an IPO, without an investment bank involved ◉ You buy the coins at a discount and hope that they list at a higher price ICO
◉ ICO’s are like startups, you have to analyze everything from the disruption to the team ◉ There are many scam ICO’s since they aren’t regulated 6 Current Events
Let’s start with the first set of slides Reasons for bear market
◉ Bans ◉ Weak Hands ◉ Hacks ◉ Futures Contracts ◉ Tax Season ◉ Chinese New Year Thanks!
Any questions ?
You can find me at ◉ Sophia Noel in LinkedIn ◉ [email protected]