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CryptoCurrency

Trading Bots will Lend Stability to the Cryptocurrency Market

Trading Bots

Source: Twenty20

Bitcoin and cryptocurrency trading, similar to stock trading, is a mode of earning income from the financial markets. However, many bitcoin traders continue to view bitcoin trading as a side business rather than their main vocation. This may be largely due to the fact that bitcoin exchanges are not yet ready for the big time. Crypto-enthusiasts hope that the big and bulge-bracket financial firms will soon buy and sell bitcoin like any other asset such as stocks, bonds, gold, or currency. However, such trading would entail large volumes, scale, and scrutiny that crypto asset exchanges are not equipped to handle today. Many cryptocurrency exchanges are coming under strain due to home-grown technologies and they face costly technology upgrades or an ugly meltdown. Market shifts happen so fast that you could end up losing money if you don’t act fast. The explosion of trading bots has to be viewed against this background.

DASCOIN: THE CRYPTO COIN YOU CAN TRUST

As an avid investor in cryptocurrency myself, I have seen many coins come and go in the very short time that blockchain has been in existence. A lot of coins claim that they can make blockchain technology better than what it currently is. DasCoin (DASC) is one such coin that appears to strive to make blockchain technology better. Its primary objective is to make the storage and exchange of cryptocurrency more viable for security and performance. DasCoin expects to accomplish this feat by implementing their own ecosystem known as the DasEcosystem. Access to the DasEcosystem is provided by Net Leaders, which empowers a network of users through various applications and services. Users can own a Net Leaders license that can allow them access to network cycles. DASC is considered a “store of value” coin that serves to bring all positive aspects of both a centralized and decentralized system and its main premise is to build a coin and system built on trust with the following principles: Liquidity, Utility, Security and Capital Appreciation. In this article, we will summarize some of the key features of DASC which outline the benefits of participating in the DasEcosystem.

DasCoin

DASC has implemented a “Proof of Value” system that assures that the distribution of coins is monitored by "cycles", which are directly purchased from a system license. This assures that coins cannot be distributed carelessly to executives or developers. With implementation of this system, the quantity is fixed at 8.5 billion which never increases. This way, a fair and equitable amount of coins is distributed among investors and developers.

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