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Tuesday, July 5, 2016

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Sunday, February 7, 2016

New Era of Cryptocurrency


Bitsvisit



What is  Cryptocurrency

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

Put another way, cryptocurrency is electricity converted into lines of code with monetary value. In the simplest of forms, cryptocurrency is digital currency.

Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.

Most cryptocurrencies are designed to decrease in production over time like Bitcoin, which creates a market cap on them. That’s different from fiat currencies where financial institutions can always create more, hence inflation. Bitcoin will never have more than 21 million coins in circulation. The technical system on which all cryptocurrencies are based on was created by Satoshi Nakamoto.

While hundreds of different cryptocurrency specifications exist, most are derived from one of two protocols; Proof-of-work or Proof-of-stake. All cryptocurrencies are maintained by a community of cryptocurrency miners who are members of the general public that have set up their computers or ASIC machines to participate in the validation and processing of transactions.


History of Cryptocurrency


bitcoin stack


The first cryptocurrency was Bitcoin. Bitcoin was created in 2009 by a pseudonymous developer named Satoshi Nakamoto. Bitcoin uses SHA-256, which is a set of cryptographic hash functions designed by the U.S National Security Agency. Bitcoin is a cryptocurrency that is based on the proof-of-work system.

In April 2011, Namecoin, the first altcoin, was created to form a decentralized DNS to make internet censorship more difficult. In October 2011, Litecoin was released and became the first successful cryptocurrency to use scrypt as its hash function rather than SHA-256. This gave the general public the ability to mine for litecoins without the purchase of specific hardware such as the ASIC machines used to mine Bitcoin.

Litecoin began receiving media attention in late 2013 – reaching a market cap of $1 billion. Ripplecoin, created in 2011, was built on the same protocol as Bitcoin but services as  a payment system – think of it like a Paypal for cryptocurrencies that supports any fiat currency, cryptocurrency, commodity or even frequent flier miles.


Cryptocurrencies & Market Capitalization


Bitcoin is the largest cryptocurrency in both market capitalization, volume, acceptance and notoriety, but it’s not the most valuable coin. NEMstake, while only having a market cap of $1,116,720, trades at $1,117 a coin. Looking at the market cap, Litecoin takes second place after Bitcoin with Ripple close behind.

One coin that you are more than likely familiar with is Dogecoin. Dogecoin ranks, on average, thirds in trading volume, but has a relatively low market cap – ranking number six in the largest cryptocurrency.

What is a Cryptocurrency Hash?


Cryptocurrency mining power is rated on a scale of hashes per seconds. A rig with a computing power of 1kH/s is mining at a rate of 1,000 hashes a second, 1MH/s is a million hashes per second and a GH/s is one billion hashes per second. Every time a miner successfully solves a block, a new hash is created. A hash algorithm turns this large amount of data into a fixed-length hash. Like a code if you know the algorithm you can solve a hash and get the original data out, but to the ordinary eye it’s just a bunch of numbers crammed together and remains practically impossible to get the original data out of.

SHA vs. Scrypt


While Bitcoin and a several other coins are mined using SHA-256, Litecoin and many other coins, use Scrypt. This are the two major hashing functions, but several different kinds exists and are used by other cryptpcurrencies such as scrypt-N and x11. The different hashing functions were adopted to answer concerns with the SHA-256. Before, individuals were able to mine Bitcoin with their GPU’s, which require a large amount of energy. But as Bitcoin grew in popularity, ASIC SHA-256 machine were built which  made GPU mining obsolete.

To give you an idea of just how powerful these machines are, a mining rig running 4 GPU’s would get a hash rate of around 3.4 MH/s and consume 3600kW/h while an ASIC machine can mine 6 TH/s and consume 2200kW/h. This effectively killed GPU mining and left many individuals worried about the security of the network. With less individuals being able to profitably mine from their home computer, the network become less decentralized. Scrypt mining was implemented with the promise of being ASIC resistant due to the memory problem it introduced.

Scrypt hashes require lots of memory, which GPU’s are already designed to handle and ASIC machines were not. However, Scrypt mining require a lot of energy and eventually scrypt-ASIC machines were designed to address this problem. At this point Litecoin considered changing their proof-of-work function to avoid ASIC mining. Scrypt also taut that their proof-of-work is much more energy efficient than SHA-256. Bitcoin blocks are solved at a rate of 1 per 10 minutes while Litecoin blocks are solver at a rate of 1 per 2.5 minutes.

Security Cryptocurrency Security


The security of cryptocurrencies is two part. The first part comes from the difficulty in finding hash set intersections, a task done by miners. The second and more likely of the two cases is a “51%” attack“. In this scenario, a miner who has the mining power of more than 51% of the network, can take control of the global blockchain ledger and generate an alternative block-chain. Even at this point the attacker is limited to what he can do. The attacker could reverse his own transactions or block other transactions.

Cryptocurrencies are also less susceptible to seizure by law enforcement or having transaction holds placed on them from acquirers such as Paypal. All cryptocurrencies are pseudo-anonymous, and some coins have added features to create true anonymity.


http://www.bitvisitor.com/?ref=1CM5EPmu9xkfNF6qaUwffmhHdhcik3EB5E

Cryptocurrency Legality & Taxes


Taxation
Bitcoin Taxation


While cryptocurrencies are legal in most countries, Iceland and Vietnam being an exception – Iceland mainly due to their freeze on foreign exchange, they are not free from regulations and restrictions. China has banned financial institutions from handling bitcoins and Russia, while saying cryptocurrency is legal, has made it illegal to purchase goods with any currency other than Russian rubles.

In the U.S., the IRS has ruled that Bitcoin is to be treated as property for tax purposes, making Bitcoin subject to capital gains tax. The Financial Crimes Enforcement Network (FinCEN) has issued guidelines for cryptocurrencies. The issued guidelines contain an important caveat for Bitcoin miners: it warns that anyone creating bitcoins and exchanging them for fiat currency are not necessarily beyond the reach of the law. It states:

“A person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter.”
Miners seem to fall into this category, which could theoretically make them liable for MTB classification. This is a bone of contention for bitcoin miners, who have asked for clarification. This issue has not been publicly addressed in a court of law to date.

Cryptocurrency Services


There are a host of services offering information and monitoring of cryptocurrencies. CoinMarketcap is an excellent way check on the market cap, price, available supply and volume of crypto currencies. Reddit is a great way to stay in touch with the community and follow trends and CryptoCoinCharts is full of information ranging from a list of crytocoins, exchanges, information on arbitrage opportunities and more. Our very own site offers a list of crypto currencies and their change in value in the last 24hrs, week or month.

Liteshack allows visitors to view the network hash rate of many different coins across six different hashing algorithms. They even provided a graph of the networks hash rate so you can detect trends or signs that the general public is either gaining or losing interest in a particular coin.

A hand website for miner is CoinWarz. This site can help miners determine which coin is most profitable to mine given their hash rate, power consumption, and the going rate of the coins when sold for bitcoins. You can even view each coins current and past difficulty..

Sunday, March 1, 2015

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Saturday, February 21, 2015

Traffic Generation: How To Flood Your Website With New Leads ($99)

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In this course we go over the many different ways to generate traffic online. Online traffic generation is an important tool you need in your internet marketing tool belt, as it allows you to get people’s attention, get more sales, and increase reliability. Online traffic generation is probably the most important thing you could use to make money online.

In this course, we cover some of the main ways to effectively increase the amount of traffic that will go to your website, blog, CPA offer, or just about any online platform. This course is called Insider Traffic Sources for a reason; we are literally giving you the guru quality content. This content is so good, that it would be like stealing it off of one of the top internet marketing guru's desk. Just think about that for a second.

I can’t even begin to explain the raw power of this program, and the immense things you can do with it. The thing that really blows my mind though, is the price of the content. We are not charging 200 or even 300 dollars this course, we should be, but were not. You get it at this insanely reduced price above.

Well is this extremely hard to do you say? No it is not actually, it’s incredibly easy to follow, and we are holding your hand throughout the entire process. That’s right the content is spoon fed over to you in our incredible videos.


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Tuesday, February 17, 2015

2 Marketing Strategies used by the Gurus


2 Marketing Strategies to Make Money Online with Affiliate Programs!


The following strategies are the main money making strategies used by the Gurus. These strategies, implemented correctly will make you money with your affiliate programs.This strategy is the most important step to continue tomake money long term. If you do not already have some type of autorepondersystem you need to get one. Don’t be cheap here either because your entirebusiness will hinge on this one piece of software.  


You can build your list many different ways. You can buyleads from reputable list building companies and get them into yourautoresponder. Most good list building companies will have an option to send anemail to your autoresponder so you don’t have to manually input the lead’sinformation.Another effective way of building your list is from thetraffic that visits your website. This step, which is probably the most effective,does require you to have a website in order to implement an opt-in list form. Of course if your Affiliate program does offer a list management service thenyou can send traffic to the affiliate URL, but I don’t recommend it as you willusually not be able to email the entire list with special offers.   

To make the most of your opt-in form and get the mostsignups, you should place it in your sales page text. It should bestrategically located in the sales text after you present a problem. The titleof your autoresponder email series should address the problem by offering asolution. In the example below we will assume that I am selling a hostingpackage and I want opt-in subscribers to my email course for back-end sales.   

Example: You can use the pre-built websites or build yourown. Many people think that building a website is hard, but I can show you howeasy it really is. Take my 10 day email course “Build a Website with Ease”[signup form here].   


Thesecond strategy to make money online is driving traffic to your website. 

When I say traffic, I don’t just mean any old traffic, Imean targeted traffic, people who are motivated and ready to buy can and willmake you money. You can use programs and techniques such as Google Adwords,bloging, article writing and linking to drive targeted traffic to your website. GoogleAdwords is a resource offered by Google in which you can payfor your site to be show when certain keywords are queried in their searchengine.  

The secret to using Adwords is not to bid high on popular keywords. Instead,what you do is find similar keywords that still describe your website, but are usedmuch less frequent. These keywords will cost much less to bid on and will allowyou to spread your money out over many different keywords, getting the most bangfor your buck. 

Bloging is another greatway to drive targeted traffic to your website. To get the most out of this techniquethe blog should be hosted on the same website as the sales page witch links toyour affiliate program. Once its setup all you have to do is fill your blogwith good quality content.   

I recommend writing your own content which specificallyrelates to your affiliate program and or products. Once you have some contentyou will need to submit your RSS feed to the as many blog search engines as youcan. This will put your blog out there for other webmasters to use as content feeds on their websites.   

This win-win situation allows webmasters to have qualitycontent on their website, which increases the value of that website whiledriving targeted traffic directly to you. This is done by the URL link that youconveniently placed under your name after the blog was written. That means that your link is on a blog feed that is onthousands of websites. Not only do people click those links but Google seesthese links pointing back to you and thinks that you’re popular and you arerewarded with a higher page rank.   

Articlewriting is basically the same as bloging except theinformation in an article will need to have more useful content and be pepperedwith keywords that the webmasters are looking for. After completing yourarticle you will submit (syndicate) it to content sites as opposed to blogsearch engines.  

Content sites are places where webmasters go to findspecific content to offer their readers. If you are a good writer you may atsome point build up a name for yourself and finagle a deal with a webmaster towrite exclusives for his site. His readers get great exclusive content and youget highly motivated targeted traffic.  

Linking is perhaps themost widely used form of increasing traffic and page rank. However, if doneincorrectly you could end up hurting your Google page rank and ultimatelyloosing potential buyers. You will need your own website for this technique asyou will need a ‘links’ page to place your reciprocal links on.   

Many people go and submit their URL links to link farms inan attempt to trick Google into giving them a better page rank. This does NOTwork; in fact Google has been known to penalize websites for engaging in theseactivities.   The secret to linking is to find websites in your nichemarket which have a Google page rank of 4 or above and enticing the webmasterto list your link on their website. You may think that you would be helpingyour competition, well you would be. But your competition would be helping youas well. It’s better to send leaving traffic to a partner than just having themclose their browser window, and remember that works both ways.      

The strategies listed in this article do work and they willincrease you sales and residuals it done correctly. Reciprocal linking, Blogingand Article writing are great ways to bring massive amounts of high qualitytargeted traffic to your website. Those strategies combined with an effectivesales page with an integrated opt-in email list can make your business soar tonew heights. You can and will make money with this system, Guaranteed!


Monday, December 15, 2014

"5 Ninja Secrets For Success Make Money Online"



How To Make Money Online Fast From Your Online Home Business


How to make money online fast from your online home business. This is the thought on the minds of all new and struggling online entrepreneurs. Actually, one fact that I know is that you can't make fast money online unless you have correct marketing strategies that work. Then you act on them every day. I know it is not easy starting a new online home business. It is also painful when you are struggling in your online home business. I have been through both situations and I know what they mean. Therefore you must learn the 'Exact blue print the world leaders in home business training and development use to turn new and struggling network marketers into 6 & 7 figures earning entrepreneur'. Below are just 5 of the many "Ninja Success Secrets" that you must use in your online home business. That is, if you want to make fast money online.

 1. Have A Simple Landing Page: One secret most marketers don't know is that their advertisement, articles, blog posts etc have already done the convincing for them. That is why prospects clicked their links. There is no need to create complex landing pages because you want to convince a prospect who has already read your advertisement. When you do so you create doubt in the minds of potential leads. They will be wandering whether they are on the right page. Learn this, simple landing pages have more leads and conversion rate than 'space-science' landing pages. When you set this right then I assure you that you'll make fast money online.

 2. Find Common Ground With Your Prospects/Leads/Applicants: Did you know that people who share similar interests /stories relate quicker and better than those who don't? Ask your leads questions regarding their decision to sign-up. Then listen to their stories and in the process pick out certain interest you share together. Use this to relate with your leads. People will do business with you if they can relate with you.

 3. Always Sell Success In Your Online Marketing Campaigns: You see, people buy the end result of your product or services. Whether it is online marketing education, health products and so on. Always try as early as possible,in your advertisement, to convey one message to readers. That is, the end result that customers will enjoy after using your product or service. Don't waste time explaining the chemical components of your product. Most people want to know how to make money online fast from their online home business, they don't have time for irrelevant stories. 

 4. Always Connect With Your Leads Through Phone Calls: Nothing is more powerful in leads conversion than calling your leads. You must call your leads within 30-60 minutes after they sign-up. You know, calling your leads ASAP makes them feel important. Your call is merely to create rapport with them. What happens next? That feeling changes to excitement and motivation. The chances of leads converting into sales are higher when they are first contacted on phone.

 5. Bribe For The Sales: Actually when I say 'bribe' I mean to offer bonuses that prospects cannot reject. This is what I call 'give some and take some'. When you offer the right bonuses to the right people at the right time you'll get the right result. Read more detailed "Ninja Secrets For Success" that will show you how to make money online fast in your online home business. You can even download the whole ebook at the link below. You are going to love it!

Zulkronz.

Sunday, December 14, 2014

How to Considerations for the Home Worker to Make Money Online

5 Considerations for the Home Worker to Make Money Online

With a computer and high speed Internet access, the potential for the home worker to make money online is virtually limitless. When it comes to finding the right home based business opportunity, there are several things to consider. Here are the top five:

1. Are You a Salesperson?

Some people have a natural talent for sales, while others couldn't sell water to someone stranded in the desert. For the home based worker who has the ability to sell, network marketing may be the perfect home based business. Network marketing typically involves selling products in one or more niche markets, as well as selling the opportunity. Also known as multi-level marketing, network marketing pays commissions based on a percentage of your sales and on the sales of your "downline," or those you have recruited to sell the product. Each opportunity has its own commission plan, and many pay bonuses on top of commissions.

2. Are You Experienced? 

If you have years of experience being a home worker, you probably have a good idea of your strengths and weaknesses. On the other hand, if you're new to being an entrepreneur, you probably need training. Look for a company that offers the tools and training you need in order to succeed. The type of training you receive can encompass everything from weekly conference calls or webinars (Internet-based seminars), to one-on-one coaching from your upline, to training manuals and other written materials.

3. Are You Internet Savvy?

If you know your way around the Internet and know something about setting up and hosting websites, the possibilities are endless. You can create your own websites, for example, and start generating affiliate revenue and Google AdSense revenue. 

If you haven't the foggiest idea of how to set up and host a website, be sure to find a company you can partner with who will do the heavy lifting. There are many Internet-based opportunities for the home based worker from companies that provide what are called "replicated sites." They'll design and host your websites for you, so that all you have to do is work on marketing in order to drive traffic to your site. 

4. How Much do You Want to Work?

Before selecting a home based business opportunity, honestly assess how much you want to work. If a stay-at-home mom needs extra money, she may only want to work two or three hours a day. If someone wants to quit the rat race and work full time as a home worker, money for moms simply won't be enough income. Sometimes a single home based business will provide all of the revenue a person needs, while other times you have to embark on several opportunities to diversify and multiply your revenue streams. 

5. How Hands-On do You Want to Be?

Some home based business opportunities require that you be actively involved on a day-to-day basis, either in order fulfillment and customer service or in marketing your websites or businesses. Other opportunities are more passive in nature, in that you have to spend a lot of time initially, but they become self-perpetuating. If you're a home worker who enjoys being an ongoing active participant, choose an opportunity that requires you to interact with other people. If you prefer to be hands-off, select a business that will basically run itself.

Saturday, December 13, 2014

5 Characteristics An Entrepreneur Must Have


5 Characteristics of an Entrepreneur


What is an entrepreneur? According to Wikipedia, an entrepreneur is a person who has possession of an enterprise, or venture, and assumes significant accountability for the inherent risks and the outcome. To translate it into simple terms, an entrepreneur owns a business of which the entrepreneur is responsible for the risks and outcomes. To be an entrepreneur, one has to possess defined characteristics of an entrepreneur.

What are the characteristics of an entrepreneur? Are these characteristics vital? It's a no-brainer actually, of course it's important! Your chances of business success is significantly lower if you do not possess these characteristics. The characteristics of an entrepreneur consists of:

1. Good leadership


Leadership is a rare characteristic. It is very hard to find individuals with good leadership qualities. This is because not many people dare to take responsibility, or take the lead. Alan Keith of Genetech once said, "Leadership is ultimately about creating a way for people to contribute to making something extraordinary happen." Precise and right to the point. 

To be a good entrepreneur, you must be a leader. You must be able to guide, direct, influence and affect people. This way, all your business problems can be overcomed with ease.

2. Risk taker

All businesses involve risks. There is not a single business in the known world right now that is 100% risk-free. You can't make money if you are not willing to take risks. If you are not willing to take risks, then you are bound to fail in the business world.

But, a successful entrepreneur does not take all the risks he faces. All risks must be evaluated first, before taking the dive. You wouldn't want to dive into some unknown waters, would you?

3. Honest and Trustworthy

This is an undeniable characteristic that all entrepreneurs MUST have. Let's face it, would you give your money to some stranger that guarantees you to make 1000% profit on the street? No you would not. Maybe if that stranger asked for $10 dollars or he convinced you with hard facts, you would, but that's out of the case. As the saying goes,"Honesty is the best policy." Every one likes honest and trustworthy people.

Being honest and trustworthy is considered one of your most important characteristics. It would take years to build your credibility and honesty, but it would take just a few seconds to totally destroy your image should you do something dishonest.

4. Your Passion

Your passion fuels your actions. And your actions make money. Any entrepreneur should be passionate about their business to be able to perform well. You must maintain your enthusiasm and interest in your field. For example, when making money online is your passion, you wouldn't feel working even if you stick yourself to the monitor 24 hours a day.

Your passion makes it easy for you to act. Working no longer means working when you work with your passion. It just means doing something you like. If you like to play games and playing games is your 12-hour job, it certainly wouldn't feel like working 12 hours a day.

5. Intelligence


No, I don't mean you need to have exceptionally high IQ to success. But what I mean is that an entrepreneur should be clever and witty in all your business dealings. You have to show that you are concentrated and 100% focused on your job to be able to gain your clients' respect and trust.

The world is a mean one. Scammers are out there somewhere, preying for a weak target everyday. To resist being scammed or being duped, an entrepreneur should be smart and be alert of who you are dealing with. If not, you would eventually suffer some uncalculated losses.

These are one of the few characteristics of a successful business entrepreneur. These characteristics will, no doubt, help you overcome obstacles you may have to face when you are operating a business. And without these characteristics, your business may eventually fail and you will have to bear the losses.

What if you have the main characteristics of an entrepreneur already? Then study the market, find a solution or make a product, get some capital and you're ready to make a killing in the ever-changing world of business.

Friday, December 12, 2014

Steps To Building An Online Psychic Business Using Mainly Free Methods






In everything I read the internet gurus' kept telling me that I needed money to make money. Let me tell you that you do need a small amount of money but not much. For under $40 I have built a very successful online business and my website is ranked No 1 on Google for psychic jobs and business and, No 3 for psychic business development. All my others sites are in the top 20 and I'm working on getting them to the first page. They are all making me a healthy living. Not bad for a newbie!

Although my business is focused on the psychic industry the principles apply to any business idea and I have proved that by working with family, friends and now some of you to set up online businesses in a range of areas. 

I did all of this using mainly free resources after I had learnt about the basics – niche markets, websites and webpage design, creating my own products and online marketing. I knew nothing about the internet and even less about building websites and web-pages. 

I ha a good idea what business area I wanted to focus on – psychic and spiritual matters. I also knew that the psychic business industry was booming. From earlier research I also knew that there was a lack of good quality information for those seeking psychic answers. The next question then was where do I start to build an online psychic business? 

Where do you start? Well that answer is easy - let me tell you in brief the 5 steps I took.

Step 1 - Determine what you want to sell or promote – is there a market for what you want to offer? Are people buying things and what are they buying? How much competition is there? If there are more that 1million businesses listed you will need to learn a lot more before you move into this market. Refine your search. For example, psychic is too wide a term so being more specific I drilled down to psychic development and psychic ability. 

I started to develop my own psychic online business focusing on the more specific terms and then I started to look at what was offered by others in the market. I found there were lots of gaps and the quality of what was on offer wasn't very good. I reviewed a whole range of psychic products and services in order to get to this point. 

Step 2 – It struck me if there were some good products out there how could I compete with them. Then I found affiliate marketing. I could sell the good products I had found and they would pay me to do it. So I turned my reviews into sales pitches – only promoting products I was happy with. 

Step 3 – Websites and webpages were a mystery to me and then I learnt about them. I thought I would need to know web language in order to build an online business but soon realised that I didn't need to and there are lots of free and effective ways of building website and web pages. Once I got the bug I built a whole range of website and web-pages and now I can do this in less than 3 hours.

Making my site interesting for visitors I thought was going to be a challenge and then I found my Google treasures. I found all sorts of fun, interesting and informative things to build up my sites and as I searched I found more and more.

Step 4- Encouraging people to my site was always going to be a challenge- nobody was aware of me and I had a fair amount of competition. I need to learn how to get onto the first 2 pages of Google and I did. The proof is there for you to see. I found the formula after reading and trying different methods. I use article marketing, links, blogs and social marketing to get me there. 

Step 5 – I had always wanted to write my own book and never ever thought it would happen but they say knowledge is power and now I know how I have been developing my own products and they have been selling fast. I made my first sale within 7 hours of my site going live. 

I've made it work with my 5 step process and used mainly free online resources to get me here. I found that there was free information, free site content and free ways to generate traffic to my site and I have used them very successfully. I also found very cheap ways of doing things where I had no choice but to pay. 

You can build a successful online business with some knowledge and a small amount of investment.

Zulkronz.