Merchants No Longer Pay Merchant Fees. So Stop Paying Them.

Zero Fee Solutions Now has the absolute best program for merchants in the entire United States

We are a Michigan based merchant services company
changing the way that merchants do business.  

Our program is saving merchants thousands one swipe at a time.

Merchants can now pass on their merchant processing
fees to the consumer. Sit down with one of our reps to
hear about our ZERO FEE SOLUTIONS. We are powered
by one of the largest processing companies in the United States.
They process over $100 billion dollars in card volume per year.

 

With over 30 years of experience and
offices throughout the U.S., we offer a
simple solution to age old processing
experience 
Built on cutting-edge technology,
security, and always putting our
​ customers first. 
  • No gimmicks
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Chris Corey

Zero Fee Solutions

(810)308-0872

ccorey@zerofeesolutions.com

 

Alan Zibluk Markethive Founding Member

Merchants No Llonger Pay Merchant Fees. So Stop Paying Them.

Zero Fee Solutions Now has the absolute best program for merchants in the entire United States

We are a Michigan  based merchant  services company
changing the way  that merchants do  business.  

Our  program is saving merchants thousands  one swipe at a time.

Merchants can now pass on their merchant processing
fees to the consumer. Sit down with one of our reps to
hear about our ZERO FEE SOLUTIONS. We are powered
by one of the largest processing companies in the United States.
They process over $100 billion dollars in card volume per year.

 

With over 30 years of experience and
offices throughout the U.S., we offer a
simple solution to age old processing
experience 
Built on cutting-edge technology,
security, and always putting our
​ customers first. 
  • No gimmicks
  • No catches
  • No asterisk

Chris Corey

Zero Fee Solutions

(810)308-0872

ccorey@zerofeesolutions.com

 

Alan Zibluk Markethive Founding Member

Poloniex Altcoin Exchange Review

Poloniex Altcoin Exchange Review

Poloniex Certainly Has Its Merits

Poloniex is by far the superior altcoin exchange, base don trading volume and the number of users. The customer support is its Achilles heel, though, and the verification procedure can take longer than needed. Moreover, a few recent server and API outages have caused a fair bit of issues.In this day and age of cryptocurrency exchanges struggling with their partnering banks, the number of platforms unaffected by issues are fairly limited. So far, the Poloniex exchange has successfully avoided most problems, which allows them to continue generating significant amounts of trading volume. They are also the premier cryptocurrency exchange for altcoins traders, but is everything as good as people want the world to believe?

Trading on a cryptocurrency exchange is always a matter of positive aspects and compromises. For the Poloniex exchange, it appears the benefits far outweigh the downsides as of right now. They list a good amount of alternative cryptocurrencies and also actively remove trading pairs that are no longer relevant. Poloniex is also offering multiple exchange markets, including Bitcoin, Monero, and Ethereum. Alternative trading markets are always interesting to take notice of, even though not all coins can be traded against these three currencies.

Poloniex has been around for some time now and even underwent a major overhaul in early 2015. Ever since that time, some notable features were added, including cryptocurrency lending. Speaking of the lending service, not all supported coins are listed here either, but it does cover the most prominent currencies as of right now. It is a useful feature for traders who want to earn a passive interest on their Poloniex balances, although one should never store too much money on an exchange in the first place.

On the security front,

Poloniex seems to check the right boxes as well. Two-factor authentication is possible – and advised – which is a positive touch. Then again, nearly every cryptocurrency exchange offers this feature, as 2FA has become somewhat of the norm in the crypto world right now. Volume-wise, Poloniex seems to generate a fair amount of revenue every single day, as it is way ahead of its closest competitor Bittrex.

Unfortunately, no cryptocurrency exchange is without its issues, and Poloniex is no exception. The platform has suffered from slow trading, order book issues and even plain outages every time there is an unusually high trading activity on the exchange. Most recently, the site and its API utterly crashed when Ripple was seeing significant trading volume all of a sudden. This affected quite a lot of traders and a fair bit of money was lost due to trades not executing properly.

Moreover, some users have complained about horrible customer support from Poloniex staffers. Exchanges have a big problem in this regard, as it appears a lot of platforms suffer from bad customer support at all times. That is not acceptable by any means, and we can only hope things improve sooner rather than later.  Especially considering how the platform supports fiat currency support, aiding customers in a quick and convenient manner becomes even more important.

Speaking of support,

Poloniex conducts a thorough AML and KYC procedure for all users, even if they do not deposit or withdraw fiat currencies. This means users will need to upload documents to verify their identity, a process that can take days, if not weeks, for some users. It seems evident everyone’s mileage will vary when dealing with the Poloniex exchange. For the most part, the company does the job just fine, but there are obvious areas that need improvements.

Chuck Reynolds
Contributor

Alan Zibluk Markethive Founding Member

This Is How Cryptocurrencies & Blockchain Could Solve Asia’s Financial Inclusion Issue

This Is How Cryptocurrencies & Blockchain Could Solve Asia's Financial Inclusion Issue

  

In 2016, staff members within the International Monetary Fund (IMF)

suggested that virtual currencies could promote financial inclusion. The IMF issued the standard cautions about how virtual currencies (VCs) might be used for money laundering, terrorism and other nefarious purposes. But it also wrote that, “VCs offer many potential benefits, including greater speed and efficiency in making payments and transfer–particularly across borders–and ultimately promoting financial inclusion.”

The “across borders” benefits have led to the launch of Bitcoin startups in places like the Philippines, where remittances from overseas Filipino workers (OFWs) contribute more than $26 billion to the economy. Such was the case with Coins, a mobile-first, blockchain-based platform that facilitates remittances, bill payments and mobile airtime top-ups. “I was initially looking for a way to solve the issue of expensive cross-border payments, which lead me to blockchain technologies and how they could be used to provide widespread financial access in general,” said Justin Leow, head of business operations for Coins.

Since its launch in 2014,

Coins has signed up half a million users and partnered with retail outlets, banks, and other financial service institutions to create a distribution network of more than 22,000 cash disbursement and collection locations in the Philippines. In late 2016, the company raised $5 million in a Series A fundraising round. “Our mission is to make sure our customers are able to access the financial services that they need, and building our platform on top of the blockchain has been an important component of that effort,” Leow said via email. “As long as people will continue to need cheap remittances [and] money transfers and access to financial services, we see blockchain technology as a growing area that would be able to affect positive change.”

Leow said Coins has been able to lower remittance costs from 7-8% to about 2-3% for its customers, including those who use it for bill pay and remittances, as well as merchants and service providers who accept bitcoin. The company’s ultimate goal is “to increase financial inclusion by delivering financial services directly to people through their mobile phones.”

Experts see remittances as an area that could be ripe for VC disruption. The Philippines is not the only country with a high population of overseas workers whose families depend on their remittances. High transaction fees and slow or inconvenient transfer services create extreme hardships on people who can’t afford to spend hours claiming one payment, or who live far from banks or shops that manage remittance payments.

The costs of these transactions 

which can average as high as 12% in Sub-Saharan Africa – hit the poor the hardest. Technological advances like cryptocurrency and distributed ledgers may offer a solution,” Dr. Garrick Hileman, a cryptocurrency researcher at the Cambridge Centre for Alternative Finance, told Phys.org. "It would be surprising to me if in 30 years from now we aren't looking back and saying yes this was a watershed moment for financial inclusion, and that cryptocurrency and distributed ledgers played a significant role in opening up access to the financial system in developing economies."

A 2016 KPMG article indicated that more than 70 percent of the population in Southeast Asia is unbanked, leaving hundreds of millions at steep disadvantages for achieving financial security. Not having a bank account excludes people from a range of financial products, but fintech companies see mobile technology as a means of closing that gap. Startups like Coins, which use cryptocurrencies behind the scenes to offer fast, low-cost services to their customers, may be on the front lines of improving financial inclusion in Southeast Asia and the rest of the world. Thanks to growing mobile phone penetration, even low-income consumers can take advantage of their services.

“One of the important ways to increase financial inclusion is facilitating the transition from people being purely cash-based to be able to access and use [their] money online. In this regard, cryptocurrencies work very well as railways for seamless fund transfers and being able to pay for services,” Leow said. “The advantage that cryptocurrencies provide relative to other closed-loop systems is that anyone can be connected to the payment network very easily and services can be made available to anyone else on the network.” Remittances and mobile payments aren’t the only ways blockchain technology facilitates inclusion.

“I think payments will continue to be a key functionality for blockchain technologies with adoption continuing to increase as more businesses recognize its advantages,” Leow said. “At the same time, I think that there are also a lot of application-specific solutions using the blockchain for purposes such as digital identity management and smart contracts that are actively being explored that are causing us to rethink how many (typically expensive) business processes are being done.”

For instance, Acudeen, a Filipino fintech startup that helps small businesses by streamlining the invoicing process, uses blockchain technology to ensure that its clients’ contracts are secure. If cryptocurrency does become mainstream, it will likely do so quietly, at least as far as the average consumer is concerned. Luis Buenaventura,  chief technology officer of Bloom Solutions and author of Reinventing Remittances With Bitcoin, told me for a previous article that Bitcoin is “probably best off as a backend technology." Similar to the protocols behind email systems, blockchain technology may drive common services, but users won’t ever interact with it.

Leow shared a sentiment similar to Buenaventura’s. “The challenge from a financial inclusion standpoint is how to facilitate access to these technologies in such a way that easily transitions people from using purely cash,” he said. “We should remember that at the end of the day, people want to get things done and generally care less about the actual implementation of how that happens.”

Chuck Reynolds
Contributor

Alan Zibluk Markethive Founding Member

Meet Bitcoin Plus – The Next Great Cryptocurrency

Meet Bitcoin Plus –
The Next Great Cryptocurrency

  

Let’s face it,

Bitcoin is currently dominating the market, but altcoins cannot be just brushed off, they are maturing as well and are ready to provide a keen and tough competition. There is one coin, however, which, as claimed by its founders, cannot even be called an “altcoin.” Meet Bitcoin Plus – the next great cryptocurrency.

Bitcoin, but “reincarnated”

The history of Bitcoin Plus goes back to early 2014 when the coin was launched through an ICO held on the Poloniex Exchange. However, it turned out that the ICO was carried to fund not the cryptocurrency but holidays of the original developer who escaped with collected funds somewhere in the south direction. Later on, Bitcoin Plus went into rehab as a few truly dedicated community members formed a team, hired a coder to fix the wallet and introduced the sustainability plan.

Yule Mills, one of the team leaders at Bitcoin Plus, explains to Cointelegraph:

“The original developers created a great coin but it appeared they had ulterior motives, therefore they soon abandoned the coin. I was the original investor and have loved it since I first found out about it in May 2014. I think it is Bitcoin but reincarnated with many improvements and rarities, hence the added Plus in the name of the coin.”

How it will drive the market wild

The cryptocurrency has evolved greatly, especially during the last year. Originally, XBC was purely a Proof-of-Stake coin, however, a bunch of recent updates included the ability to secure the network using Proof-of-Work, therefore Bitcoin Plus is what is now known as a hybrid POS/POW. This means that if the network ever faces a serious issue, things can be moved along manually by switching on Proof-of-Work for a short period.

Bitcoin Plus has one mln coins to respond to 21 mln Bitcoins, it is characterized by a much faster block processing time and can handle eight times more transactions than Bitcoin. Mills points out that the best feature of Bitcoin Plus is the 20 percent annual staking until all one mln coins have been staked. In his opinion, this feature alone is currently driving the market wild.

Mills comments:

“Bitcoin Plus went from $.08 in January 2016 to a high of $131 just last month. That's serious.”

Bitcoin Plus, scalability issues minus

There is an opinion that what is good for Bitcoin has a positive impact on other cryptocurrencies. But what about the problems currently faced by Bitcoin, are they any relevant in the rest of the cryptocurrency space? Scalability has always been an issue for Bitcoin but recently the network has been running out of capacity, transaction fees have been getting higher, while the speed of processing was significantly decreasing.

The SegWit vs. BU debate has been going on and on for months and it doesn’t look like we are going to see a conclusion any time soon. How do these block games affect Bitcoin Plus? Well, XBC has a much shorter average block processing time – 60 seconds compared to that of Bitcoin, therefore the Bitcoin Plus network is able to handle 10 times more transactions every 10 minutes. Besides, the block size limit of Bitcoin Plus is much larger standing at 1.5 MB. The average transaction size of Bitcoin Plus is very similar to its predecessor, therefore every block is able to fit as many as 3,030 transactions or 50.5 transactions per second.

The Bitcoin Plus team assures that it will take a long time before users have to start worrying about any scalability issues.

Mills says to Cointelegraph:

“Regarding scaling issues, the original Bitcoin can handle, as fact, less than seven transactions per second compared to Bitcoin Plus which can handle 50+ transactions per second. We are keeping a close eye on SegWit vs. Unlimited and, truthfully, I don't think either idea is a good one. The thing about Bitcoin Plus that works is we have a team that agrees on things. If Bitcoin Plus needs to scale we will scale to Visa level if needed.”

Engaging community into development of the coin

The current team of Bitcoin Plus consists of several community members who run the website, BitcoinTalk Forum Thread, Block Explorers, 24/7 nodes and ensure the sustainability of the coin. The team is open, accessible and their intentions are transparent. It also seems that they are trying to engage the community in the development of the coin, offering ideas for updating of the network for voting and extensively reporting on the completion of upvoted ideas.

Isn’t it what the cryptocurrency space is all about? Absolute freedom, flexibility and the ability to reach consensus? With all this packaged in Bitcoin Plus, it is expected that the project will attain great success.

Mills concludes:

“Bitcoin would be an altcoin if it wasn't so successful. I don't consider Bitcoin Plus an altcoin. It's a force to be reckoned with, and you are going to see Bitcoin Plus on a mass scale soon.”

Chuck Reynolds
Contributor

Alan Zibluk Markethive Founding Member

Q1’s Top Performing Cryptocurrencies Saw Big Gains

Q1's Top Performing
Cryptocurrencies Saw Big Gains

   The first quarter of 2017 saw dramatic price gains

for the top cryptocurrencies, as the total market added nearly $7bn in value. The so-called 'blue chip' cryptocurrencies – those with a market cap greater than $30m – saw aggressive growth in the first quarter, as bitcoin's waning dominance set the stage for new players to assert themselves. Others, too, saw impressive gains that occurred relatively quickly in recent weeks. All told, the cryptocurrencies posted a median price increase (in USD terms) of 180.56% over the course of the quarter.

Top performers

The two top performers from Q1 2017 were Decred (DCR) and Golem (GNT), which gained 2,410.6% and 835.5%, respectively. Decred is a cryptocurrency that uses a hybridized consensus system instead of relying on either solely proof-of-work (POS) or proof-of-stake (POW). Similar to bitcoin, the DCR protocol sets a 21 million cap to the number of coins generated on the network.

Currently, the largest trading pair for DCR is DCR/BTC. Poloniex serves as the largest marketplace for DCR trading. The majority of DCR’s gains came toward the end of the quarter, and the highest daily volume was achieved on 27 March with $14.03m. As for Golem, most of its gains came during the latter half of Q1. Cryptocurrency exchange announced markets for the token on 17th February, and following the announcement, the price rose approximately 100% with 48 hours, from $.02 to $.04 on 19th February, with a volume of $6.67m.

Prior to the Poloniex announcement, average daily volume was between $20k and $100k per day. A second spike in price occurred on 21st March, following the release of news that GNT would be integrated into Shapeshift.io, an altcoin exchange platform. That particular day, the price increased approximately 22% from $0.045 to $0.055 on $5.28m in 24-hour volume. The final day of Q1, Golem developer Grzegorz Borowik published a blog post announcing Golem for macOS. The news buoyed the market, which boosted GNT to an all-time-high of $0.094 on volume of $11.4m.

Bitcoin struggles

Bitcoin's performance in the first quarter was more muted. The CoinMarketCap's Bitcoin Dominance Index – which measures bitcoin's market share relative to other cryptocurrencies – shed nearly 20%, ending the quarter at 68%. A weakening Bitcoin Dominance Index points to investor preference for alternative cryptocurrencies. Bitcoin (BTC) gained just 7.8% over the course of the quarter. This was a noticeable decrease from its 35.4% gain in Q4 2016.

General fear, uncertainty, and doubt has permeated the bitcoin community and can arguably be blamed for the anemic performance of the cryptocurrency in comparison to alternatives. Furthermore, bitcoin's volatility has tapered off as a result of its maturation, coupled with the evolving narrative that the cryptocurrency is a safe-haven asset.

Chuck Reynolds
Contributor

Alan Zibluk Markethive Founding Member

OneCoin Claims To Have Largest Cryptocurrency Market Cap After Doubling Event

OneCoin Claims To Have Largest Cryptocurrency Market Cap After Doubling Event

OneCoin Is A Scam Regardless Of What They Tell You

Yesterday was quite an interesting day in the world of Bitcoin scams and Ponzi Schemes. OneCoin, the world’s biggest pyramid scheme to date, doubled all user coins last night. This brings the total supply of “coins” to 2 billion, which is ridiculous. In fact, this means that OneCoin is now a bigger cryptocurrency than Bitcoin, according to OneCoin CEO, Ruja Whatsherface. The allure presented by this global pyramid scheme should not be underestimated. People from all over the world are falling for what OneCoin promises, even though they have no blockchain or coins in existence to speak of. The scheme entails the distribution of incoming funds to early investors, whereas new members have to recruit hard to make money.

Now that all of the non-existent Onecoin balances have been doubled, the Ponzi Scheme camp is over the moon regarding its success. Creating a 100% value increase out of thin air is ludicrous, yet millions of people seem to fall for it anyway. In fact, the team claims that their market cap is now bigger than Bitcoin’s. To put this into perspective, OneCoin’s new “blockchain” will allow for 50,000 new coins to be generated every minute. The team is also planning to “go public” with the coin come 2018. How this will be achieved is anybody’s guess, as there is no OneCoin blockchain or coins to speak of in the first place.

What is rather worrisome is how every OneCoin is valued at nearly 7 euros per piece. Keeping in mind how this is all vaporware, one can see that the team is making big money off the backs of gullible people. In this day and age, fooling people with financial promises has become very easy, especially when it’s related to “virtual currencies”.

Anyone who still believes OneCoin is a legitimate scheme will be in for a rude awakening very soon. Governments and law enforcement agencies all over the world are looking to investigate what this cult is offering its members, and it will be shut down sooner or later. Everyone who has funds in OneCoin should pull them out as soon as possible and see if they can pay out. In most cases that will not be possible.

Chuck Reynolds
Contributor

Alan Zibluk Markethive Founding Member

Bitcoin Price Tripled in Last Year

bitcoin price trippled in last year

A collection of Bitcoins stand in this arranged photograph in Danbury, U.K., on Thursday, Dec. 10, 2015. Bitcoin, the digital currency, climbed on Wednesday to hit its highest levels since early November, amid fresh speculation that the identity of Satoshi Nakamoto — the virtual currency’s creator — may have finally been revealed. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Bitcoin Price Tripled in Last One Year

A collection of Bitcoins stand in this arranged photograph in Danbury, U.K., on Thursday, Dec. 10, 2015. Bitcoin, the digital currency, climbed on Wednesday to hit its highest levels since early November, amid fresh speculation that the identity of Satoshi Nakamoto — the virtual currency’s creator — may have finally been revealed. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

In April of 2016, Bitcoin price averaged at around $420 on most major Bitcoin exchange markets. Since then, over a period of 12 months, Bitcoin price tripled, increasing from $420 to $1257.

As previously reported, Bitcoin price is nearing its all-time high price set at $1,277, primarily due to the explosive growth of the Japanese Bitcoin industry.

Analysts expect Bitcoin price to increase consistently in the mid-term if key markets such as Japan and the US sustain their growth and if relatively small markets like India experience a massive change in regulatory frameworks for Bitcoin trading and usage.

Two key factors: India and Japan

For years, India was considered to be one of the more important markets for Bitcoin to penetrate because of the country’s poor banking system, declining financial platform and weak infrastructure. Today, local analysts and researchers note that 40 percent of Indian population remains unbanked.

The vast majority of households and individuals in India do not rely on banks or established financial institutions to manage their money for a few reasons.

Recently, the demonetization of 500 and 1,000 bank notes initiated by the Indian government led to a nationwide financial crisis, as banks and ATMs ran out of cash to dispense. Both the banked and unbanked populations of India have been struggling to obtain cash to fund day-to-day operations and basic necessities ever since.

Moreover, research and professional services firms such as PwC revealed that by October of 2015, 233 mln Indians had no access to bank accounts. According to Times of India, a prominent local publication, a UN report further revealed that 43 percent of adults in India made no deposits or withdrawals in banks.

“I have nearly Rs 20,000 saved up from the last so many years. I never knew how to do bank work, so I never had an account. I’ve had no need for one, and now I am stuck with all the cash but can’t use it to buy my supplies. I have some money saved but all in cash at home, as I did not know how to deposit in the bank,” said a full-time professional who resides in India.

Over the past few years, major Bitcoin exchanges and service providers in India were not able to demonstrate an exponential rate of growth in terms of user base and daily trading volume. It was only by early 2016 that exchanges such as Zebpay and Unocoin began to see a spike in their user base and trading volumes.

One key factor that would allow the Indian Bitcoin industry to grow at a rapid rate similar to China, South Korea and Japan is the legalization of Bitcoin as legal tender and currency. The central banks of the Philippines and Japan most recently legalized Bitcoin as legal tender, to help their local industries to grow and allow the general consumer base to utilize bitcoin.

For Bitcoin to achieve mainstream adoption in India, a legalization of the digital currency by local authorities is necessary. If Bitcoin becomes legalized by the end of May as many predicts, and millions of new users from India emerge as a result, Bitcoin price will likely surge in the mid-term. Therefore, for the mid-term, the performance of the Japanese, US and Indian markets should be considered as reasons to hold onto Bitcoin as an investment.

David Ogden
Entrepreneur

 

Source : Cointelegraph

Alan Zibluk Markethive Founding Member