30 Mar

Bitcoin, Ethereum and The Ripple; Which is Best for You?

Today’s world is all about cryptocurrency. Cryptocurrencies have become a global asset known to most people. While still somehow the currency is not understood by most people, banks, governments. So in this article, you will get all the essential information about cryptocurrency.

Starting from the first, “WHAT IS CRYPTOCURRENCY?

If you take all the noises of cryptocurrencies and deduce it to a simple definition, then it turns out to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem very easy at first, but believe it or not: this is precisely the best way to define a currency.

Now let me tell about the specific and by far the best cryptocurrency in time.


The one and only, from which the era of cryptocurrency started bitcoin. BITCOIN provides you with a digital gold standard in the whole cryptocurrency industry and is used as a universal means of payment and is the de-facto currency of cyber crime like the darknet markets or any other ransomware.

After it crossed the period of seven years, Bitcoin’s global price has increased from zero to 850 Dollars, and its transaction volume reached more than 210,000 daily transactions.

There is not much more to say as the analyzed price say it all: Bitcoin is here to stay. If you want to know more about bitcoin future, do read this guide: Bitcoin Futures on Delta Exchange


The mindchild of young crypto-genius Vitalik Buterin has achieved second place in the hierarchy of cryptocurrencies. Other than the previous its blockchain does not only validate a set of accounts and balances but of so-called states. This explains that there can not only process transactions but complex contracts and programs.

This accessibility makes Ethereum the most magnificent instrument for blockchain applications. But you have to pay for it. After the hack of the DAO- an Ethereum based intelligent contract- the developers decided to do a hard fork without consensus, which resulted in the emerge of Ethereum classics.

Moreover, there are several clones of Ethereum, and Ethereum itself is the host of DigixDAO and Augur. This makes the second cryptocurrency more a family of cryptocurrencies than a single currency.


Not the most liked – or most hated – project in the cryptocurrency community is Ripple. While Ripple has a neighboring cryptocurrency -XRP-  it is more about forming a network to process IOUs than the cryptocurrency itself.

This currency does not serve as a medium to store and exchange values, but more as a community to protect the network against spam. Banks are more likely to have a medium like Ripple. At least they accepted the system with some increasing pace.

Comparison – Bitcoin, Ethereum and The Ripple

There are a few distinct differences between the top three cryptocurrencies. The critical issue for the markets and the competitiveness of a cryptocurrency is its blockchain transaction speed and associated price.

Bitcoin’s heavy price and slow transactions velocity have certainly limited its use in the actual world as an alternative to fiat money.

In stark contrast, Ripple’s transactions speed had resulted in the Ripple’s team success in the actual world, with both the financial and non-financial organization adopting Ripples platform for purposes of cross border transactions.

Now, when it comes to Ethereum, some will look to classify Ether as another alternative to fiat money and in straight competition with Bitcoin. Ethereum was not started to compete with bitcoin but is known for its smart contract offerings. Transaction speeds and price is more favorable than Bitcoin, and another feature is provided in which you can transact with Ether coins.

While these currencies sit well below the record highs seen on through December and early February, all the interests remain high with traders switching from more mature asset classes to the cryptocurrency industry. Many other industries are asking for it as these are becoming a field with big and vast future.

One of the biggest markets is Admiral market and is a reputable broker that supports the trading of cryptocurrencies through CFDs, with continued volatility within the cryptocurrency market creating a platform in bringing traders that are looking to trade in a more regulated environment.

The Final Verdict

The community of cryptocurrency is brilliant as well as broad. Nearly every day a new cryptocurrency is born, and every day a dies. Early investors make money, and new investors lose.

Every cryptocurrency comes up with a promise, a promise a changing the world. Few survive a few months and are pumped and dumped by speculators. These currencies live on as zombie coins until the last bagholder loses hope ever to see a come back of his investment.

Cryptocurrency will be gaining legitimacy as a protocol for business transactions and overtaking western union as preferred remittance tool. This has already begun. The people all over the world buy bitcoins to protect themselves against devaluation as these currencies are the first real-world application of blockchain technologies.…

13 Mar

To Succeed in Business: Sell Lemons

Heard about Michael Gotmurk? He is the CEO of payfirma, a company that is a multichannel payment processing and cloud-based platform for people.

The company has been one of the biggest ventures. But more than that, Michael has an interesting story that will give you some insight as to how you can make your company the biggest success.

Michael is from Turkey and he attributes his business lessons to his grandfather who was a reputed entrepreneur himself. Every kid loves the summer holidays.

Take a break and chill, that is what it is meant for, right? But that was not the thing for Michael. His family was well off, but Michael’s grandfather wanted him to sell lemons. Yes, selling lemons and that too from door to door.

Why did his grandfather want him to do so? Read on to find out.

Michael went to the markets with his grandfather on Sundays to buy lemons.

All this in the gruelling heat. They would negotiate and get a good rate for the bulk of lemons they would buy. When Michael returned home, he would package them in tissue paper that was reusable. After this, he would go on to distribute them in his neighbourhood on a cart.

What was the trick? Turkey’s staple food ingredients included lemon, so people used them in every meal of theirs. Of course, they could get the lemons themselves, but who would want to take that much pain when there was someone who was delivering it to them to their door and that too with a good packaging.

Michael not only learnt a great lesson regarding entrepreneurship, but he even got a loyal client following.

The valuable lessons that his grandfather taught him through this lemon selling crash course have helped him become the successful entrepreneur he is now.

Look at those lessons

The first lesson that he learnt was that investing in your reputation matters a lot. That is the first investment of a person.

One should build a reputation first, the rest follows.

The reputation he builds among his neighbours was the first thing that he needed. When people rely on you and you deliver them on time and the best service, the feeling of joy is mutual.

You will certainly feel more responsible, and this made Michael work even more diligently.

Keep your words and your reputation as they matter a lot in building a long time bond with your customer.

This is the first commitment that you need to make, and it will help you in building a great business as people will trust you when they look back at your record of always being punctual and on time.

The second lesson that Michael learnt was to say ‘no’.

This one matters in every domain of life but in business it becomes tough to say no, especially at a point when you are just growing, and you are young in the market.

But this lesson also was learnt by Michael when he was selling lemons. He learnt all about people and their choices, values that would later help him build his venture.

He learnt how to negotiate and decline the offers that would neither help him nor the customer. Instead of doing bad business, he just said no (it is tough).

The third and the most valuable lesson was the work ethics.

Yes, it may sound old fashioned but it is the one that will finally differentiate you from the other 100 people who are trying to make it and fail.

It is true that every company today is coming up with a startup. People are giving in everything they can. But the problem with the unsuccessful ventures lies in the fact that every idea of theirs just fizzles out, and they give up.

Never give up!! We have heard of this term million times but the more we hear it, the less effective it gets. So, what will get you going in the world where people give up early, and your dreams will be hindered by the many voices that say “you can’t do it”. Well, the one thing that will get you going is the indomitable spirit and the willpower. Once your plan and ideas fail, instead of relenting, start over and with double the zeal!!

This is what will get you going.

The successful CEOs of companies that started as oblivious organizations and ideas of college dropouts are the ones who had shed a lot of tears and sweat out in the sun like Michael before they made it big. This is what matters. In the end, your spirit and the never say die attitude along with the work ethics of the cavemen will help you become the most successful venture that is out there.…

27 Nov

Fake 80 Hour Work Week

Many workers are faking 80 hours work weeks in the USA suggests a research study.

The work culture of America is going through a strange period at this time.

The variety in the work ethics of the companies has made the case interesting. These firms, as they set up their rules individually, keep no universal way to call one job rightfully executed. Some companies are stressing on the work hours while others have allowed to divide and finish up their job at anywhere, anyhow, within time. Now a recent study says that many of those highly speaking, motivated workers might not tell the truth about their working span. They might fake it!

How do we know!

The pioneer of the investigation in this regard is Erin Reid, professor of Boston University’s Questrom school of Business.

She has conducted one professional research regarding the work culture of Americans in an anonymous American firm. The surprising result that she came up with is the main source of knowledge here. She was provided with the access to the personal and professional details. She also track the Human Resources files and interviewed the workers. Finally, she came up with the fascinating findings of the experiment.

What has been known?

Under the study, it has been found that many companies like to give more importance to the work accomplished. This scenario tends to divide the workers into three groups.

The first group are amongst the top performers. They pull their socks up and just do the job by giving it the more preference than anything. The second group surrender in the first place and go for a less flexible work hours with less travelling. The third group is the topic of conversation as they like to create a false impression of their super activity and enjoy the much less work pressure.

Why do they do it?

The trend of faking 80 hours workweeks is not some job of a misguided idealist, but its roots are deep down. Some of the main reasons can be considered in his context are

The main reason obviously would be the mentality of the higher authorities. The appreciation and advantages one get in keeping an 80-hour streak is valuable to the workers.
There are some companies available in the market whose high command give more importance to the time ranges rather than the quality and quantity of work. If one can’t make it in a real way, they opt to go for the abstract way.
The fear of degradation, bad performance review and not getting promotion and remuneration up-to the mark have pushed the workers unable to pull it in reality, for hey take the liberty of false commands.
Why don’t the companies take the advantages nowadays? The fear has been belittled.
How do they do it?

There are some real workers and slow learners in the part of their lessons. Those people just find and keep a distance from them. The other people however eventually welcome them in the vicinity.

Some of those people need to attend a job or work in an interview. Though they have the answer, sometimes use it to be more effective.

The important part is obviously taking the locality close for scrutiny. Then you need to find a group of similar minded people to cover up for one other and enjoy flexible work hours as a whole.


The point that one is getting enough appreciation without doing that amount of job is tricky. At one hand it indicates how you have to lie to the company by managing 50-60 hours at most each week; on another hand they excel at the job what they i.e. they usually deliver the targets and more.

Because most of the company will demote the personnel of less working hours despite being fruitful, the stand of the fake workers seems more pointed. They (who fake 80 hours) get all the appreciation and promotion and all as normal people who are workaholic.

This comparison might seem unfair but for the people not able to perform at an extreme level, this method provide with an opportunity. The importance of his point can’t be ignored.

It can be concluded finally that, the working structure in USA needs a reformation. The mindset of the directors and heads should be changed so that they can appreciate not the work hour, but the substances in it. If one can both be happy in work and personal lives, it is very usual to get the maximum benefit out of him or her. Hence, the structure should be changed, and this tendency shows us the main concept to take into consideration here.Fa…

22 Oct

4 Profit-Boosting Strategies for Wealth Managers

After a chaotic tenure of tumbling asset prices along with downward-spiralling of proceeds during the financial crisis in world’s leading firms, the global wealth management is considerably gaining some of the grounds it went astray off.

wealth Managers

After four years of the financial crisis, most of the economies like one of North America are now rising in Assets under Management (AUM) around world markets.

Booz & Company recently conducted out a global study based on quantitative market analysis through the insights from in-depth interviews with more than 150 wealth managers, regulators and senior financial advisors.

The study was concluded to three reasons behind rising AUM. The first reason is the expanding market economies while the second one is attributed to rebounding equity markets worldwide.

These equity markets are getting greater inflows of assets from the potential investors. The third reason is an obvious little one- the number of individuals with more than US $ 1 million are growing with relative high pace of 2-3 times than the gross domestic product in most of the world markets.

However, new global regulations like the ones for greater scrutiny of undeclared assets kept offshore, rapid advancement in digitization, changing customer behaviour and fluid competitive landscape have resulted into fell in the pretax profit margins for most of the wealth managers across the globe.

This fall is likely from 37 percent to 16 percent in Europe, from 30 percent to 12 percent in Asia and from 29 percent to 21 percent in North America for the years from 2007 to 2012.

All these factors have permanently altered the rules and have lead to a significant rise in the cost of doing business.

The On-going Transitions in Industry

The financial industry is facing an unprecedented degree of regulations in the capital, derivates, liquidity, corporate governance, transparency in income and assets kept off-shore and proprietary trading.

The only good news is that one can prepare in advance, as there is a somewhat certainty of the shape of global rules these days. Talking specifically, the climate in tax havens has radically changed because of these international compliance and transparency rules.

The other significant change that has erupted is from the new transparency laws by U.S. Foreign Account Tax Compliance Act that puts a compulsion on outside banks to disclose the bank accounts of U.S. nationals.

Besides transparency and taxation issues, other few regulations to improve customer’s “suitability” like compensation and altering traditional distribution are bringing changes to the wealth management industry.

Moreover, the retro cession’s are about to be banned which would ensure reduced costs for clients with a reduction in profits of banks.

Furthermore, client protection initiatives such as elimination of conflicts in interests and documentation of clients meetings are being pushed by national and international regulators to match the investment risk with client risk tolerance.

Also, customers experience on websites such as Amazon and Google or Tablets and Smartphone’s like devices- influences the expectations of industries for their wealth management.

Additionally, digital providers are focusing on wealth management market from all new angles leading to investment advisors providing real-time personalized advice along with innovation tools for better setting of revenue goals, rebalancing of investments and to monitor the performance of one’s investments.

These new digital entrants have furthermore pushed forth bitter challenge towards established wealth managers.

The Basic Four Responding Priorities

Believing that wealth managers can maintain good terms to changing dynamics in industry, we put forth four priorities that wealth managers should focus on:

Applying a capability lens: Initially to begin with- the priority is to decide that wealth managers would like to play whether in on-shore, off-shore or both types of market. Profit in high-growth markets is made much elusive with the promise of underlying growth, and one needs the patience to deal in such markets.

Next the big thing is to apply a capability lens that will help them identify the markets where one can provide a distinguished set of products and services; one is good at.

Value Proposition- Rethink! : Wealth managers should improve the way they pack products and services to various customer segments, and should go in compliance with new regulations that deal in client suitability.
The price needs to be effectively modeled as customers are becoming much aware towards what they are likely to invest in.

Digitization: This aspect varies significantly as per the region. It is likely that digitization is much needed in countries like US whereas at some places this demand leverages only for big players.

Digitization gives greater prospects of what the customers requires and desires. Ultimately superior customer experience is the thing that guides growth.

Adoption of an Approach that Well-Fit to Growth: For long, wealth managers have been incapable of lowering their costs to escalate the cost of business. A fit-for-growth is ensured through proper articulation on cost agenda.
Thus, wealth management practices should progressively be made to adapt to these new environments.…

18 Oct

First Look at Sapphire RX470 8GB Mining Edition Cards

I finally got my hands on Sapphire RX470 8GB Mining Edition Cards.

Let’s get straight to the point of gpu mining.

what’s the hashrate it can give on stock and when modded

How it looks?

It looks like a normal gpu just like nvidia mining card but with no port. and sapphire nitro rx470 mining edition is equipped with dual fan and as far as i know they provide 1 year warranty opposed to 3 months warranty for P106 Nvidia Mining Cards.

So let’s get started building. here are the parts I used for building.

GPU : 4 x Sapphire RX470 8GB Mining Edition Cards

MOBO: Gigabyte H110-D3A Motherboard

CPU : G4400

SSD: WD Green 120GB

RAM: Adata DDR4 4GB Ram

PSU: Corsair HX1000 Platinum

Rack and Riser V007S

Installing OS and Getting the 4 GPU to be detected in the Gigabyte H110-D3A Motherboard was a breeze (just enabled 4g decoding while mining mode is disabled)

This is the GPU-Z for the Sapphire RX470 8GB Mining Edition Card.

with release date of August 4, 2016 I thought to myself this could be defective refurbished card which can’t be used for gaming anymore and that’s why they made this for mining edition card by removing the VGA/HDMI/DP Ports, but i could be wrong.

All 4 Cards I tested was equipped with Hynix Memory and on stock settings it only ran at 21mh/s (GPU Driver used that time was Crimson Relive 17.7.1) for ethereum mining. (disappointed)

Then i found out that there is an rx driver that has fix for the dag difficulty of ethereum although it’s unofficial version. I gave it a try.

One thing to note, when installing this driver from device manager, you will see asterisk beside your GPU name (!) and it needs to be fix. applying atikmdag-patcher solved this problem for me.

after installing the new beta driver i tested the hashrate of this mining edition card and i got roughly around 2mh/s increase per card.

and for the last method, hoping to bring the hashrate to at least 27-28mh/s by bios modding this card at 1500 straps, I’ve used atiflash and polaris bios editor to make this happen. but to my dismay everytime the memory goes above 1840 it crashes and wont go above 1800 for stable mining. then i keep getting incorrect shares for the cards when it reached around 26mh/s

25.3-25.5 was the best hash i could get from each card by adding -dcri 5 in the claymore bat config file. (single mining eth)

if you’re interested in downloading the modded file, i have attached in this post and feel free to share your hashrate of this card in the comment section and let’s try to improve this card’s hashrate by sharing the best setting for this.