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ICO Industry News

21st Aug, 2018

John Wright

ICO Desk is an ICO industry news website that has many guides and info on cryptocurrencies. Although the name implies ICO which usually stands for Initial Coin Offering, the site does cover a lot of the mainstream discussion of Bitcoin and main cryptocurrencies as there are a lot of skeptics of ICOs themselves. ICOs tend to have a bit of a bad reputation as many feel they are going to collapse and leave investors hung out to dry. At least with a site like icodesk.io they have articles that help users separate the good from the bad so users can make better decisions on investing and getting involved in cryptocurrencies.

Why follow ICO Desk?

Sites like icodesk.io are very useful because they cover topics that you won't see commonly talked about in the mainstream media. The majority of the discussion around the world for those that don't know much about cryptocurrencies are all about Bitcoin and the price of it.

Yes, Bitcoin is the main story to follow but it's far from the only story to follow and there is certainly a lot more happening that doesn't even include Bitcoin at all.

There are just so many products and services that are launching right now and there is going to be a wave of products and services to come as more investment money comes into the space. No doubt there will be more people launch companies and create products.

Knowledge is the key to success in cryptocurrencies

For those that haven't taken the time to study what cryptocurrencies are, they will look at it from the outside like a giant ponzi scheme is going on and they want in but don't want to get ripped off. On the other hand, there are many people that are going into this blindly and they might get ripped off if they encounter the wrong site, service or are simply careless when it comes to protecting themselves.

The basic understanding of cryptocurrencies, blockchain and mining are essential for getting started as when you take this info out of the hands of the users, it then becomes a ponzi scheme. However when you add this knowledge to your arsenal, it's when people realize that there is something happening that is real.

After learning about the basics, it helps to stay on top of all the news coming out related to cryptocurrencies. There is still a big opportunity to profit from this new industry and it's about knowing about what is trending and what is around the corner for the future.

To learn more about ICO Desk visit their about page or add icodesk.io to your favourites to get up to date news on cryptocurrencies.

Bitcoin and its popularity worldwide

Bitcoin is a digital and global money system currency that has become one of the most popular platforms when it comes to making transactions nowadays.

There are many reasons as to why this digital currency has become so wildly known and used.

It starts from the fact that Bitcoin does not force you to reveal your real identity at the moment you are making a transfer, yet, it is not unsafe or unreliable in any way.

You are able to make transactions on this platform without the risk of losing your funds.

Another reason that has made Bitcoin so popular is that it is a cryptocurrency.

What exactly is a cryptocurrency?

Cryptocurrencies are digital currencies that are secured by cryptography, making them nearly impossible to counterfeit or double-spend them.

Bitcoin, as well as most cryptocurrencies available nowadays, are decentralized networks based on blockchain technology.

This means that these currencies are not controlled by any entity or government.

They are not even ruled by their own creators.

The fact that they are decentralized makes it impossible for these currency systems to be affected by horrible economic phenomena such as inflation.

This indicates that Bitcoin and the rest of the decentralized cryptocurrencies are unable to be devalued at any point, allowing you to save up as much as you want without worries.

Bitcoin and the iGaming industry

When it comes to online gambling, Bitcoin has an even bigger relevance for the players, this is because this cryptocurrency is not only reliable, but also quick to process the transfers you make.

As an online gambler, it is certain that you must have felt annoyed or anxious waiting for your deposits or withdrawals to be processed successfully.

In some other cases, the banking platform you chose charged a considerate amount of money that you cannot comprehend in any way.

This is what happens most of the time when you use credit/debit cards or bank transfers as your methods for depositing and withdrawing.

Well, thanks to Bitcoin, the players worldwide have the opportunity to make deposits or withdraw their well-deserved earnings without having to wait for more than a couple of days.

Sometimes, you even get to receive your payment within an hour of requesting it without being charged a scandalous fee.

Bitcoin and its high price

Another important factor to take into account when it comes to Bitcoin, is how high its value has gone since its creation.

Bitcoin has reached top values that not many economists were able to predict.

It is incredible to notice how this cryptocurrency has become so popular and relevant in today’s society that even investing on it has turned into the most obvious yet intelligent move you can make.

One single Bitcoin is set to go over $40,000. Its value increases practically every day, and investors are going crazy over getting as many Bitcoins as they can.

The value and importance of this cryptocurrency is such that several banking platforms are adapting their services to Bitcoin, allowing their customers to deposit and save up their Bitcoins on their platforms without having to make a separate account.

Many of them work as exchangers as well. You are able to exchange your dollars ($) or any other existing currency for Bitcoins (BTC) without having to go to third party sites, where you are charged additional fees.