Bitcoin Investors are Getting Greedy Again and It’s a Bad Thing for BTC

Bitcoin Investors are Getting Greedy Again, and It’s a Bad Thing for BTC

Bitcoin has seen some lackluster price action in recent times,

struggling to garner any decisive momentum in either direction as both buyers and sellers reach an impasse.The cryptocurrency does appear to be positioned to make another big movement in the near-term as its consolidation phase persists. One factor that could have some influence over which direction Bitcoin goes next is the fact that its investors are growing increasingly greedy. This sentiment shift is rarely positive for BTC — as it often acts as a counter indicator that suggests it will see some near-term downside. Analysts are also noting that the benchmark cryptocurrency is currently in a precarious position from a technical perspective as well. These factors all suggest that it is poised to see downside in the days and weeks ahead.

Bitcoin Investors Grow Greedy as Price Consolidates Around $9,700

Earlier this week Bitcoin incurred some massive momentum that caused it to rally up to highs of $10,400 before reeling to lows of $8,600. From this point BTC was able to post a sharp rebound, and it has since been trading sideways around $9,700. At the time of writing, it is trading down marginally at its current price of $9,740. It did attempt to post a breakout rally yesterday, but it met heavy resistance around $7,800. From a fundamental perspective, growing positive sentiment amongst the cryptocurrency’s investor base seems to indicate bears may have the upper hand over bulls. Arcane Research spoke about this in a recent report, explaining that investors are growing increasingly greedy as BTC ranges below $10,000. They note that movements into the “greed” range

tend to be short-lived.

“The Fear & Greed Index has been ranging between neutral and greedy lately… The greedy periods have been short-lived, and something investors should monitor if we finally stabilize above the neutral state,” they said.

This doesn’t necessarily mean BTC will see any sharp short-term decline, however, as the cryptocurrency could still climb higher and trap more buyers before dipping lower.

BTC’s Technical Outlook Weakens 

Technical analysis may support the notion that the cryptocurrency is poised to see some further near-term downside. One trader recently explained that he is still waiting for Bitcoin to set fresh 2020 lows, offering a chart showing a massive descending trendline that has been leading it lower over

a year-long period.

“BTC 3D TF- Still eyeing new lows patiently in 2020.”

While looking at the chart he offers, it does appear that the cryptocurrency is positioned to decline first towards $7,900 before finding any strong support.It could then decline even lower if this support is not ardently defended by buyers.

Article Produced By
Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

https://www.newsbtc.com/2020/06/05/bitcoin-investors-are-getting-greedy/

Own A Piece Of Markethive — Lifetime Income Opportunity

Markethive, the first Social/Market Network built on the Blockchain, introduces The Entrepreneur Program

The Entrepreneur program is designed to leverage your system. Your free Markethive system is a market network, like a social network, but with powerful inbound marketing tools integrated into the system.

This premier hybrid social network includes news feeds, blogging platforms, video channels, chat channels, groups, image sharing, link hubs, resume, profile page and peer to peer commerce.

But more than a social network, we have also delivered to you “Inbound Marketing tools” like broadcasting, capture pages, lead funnels, autoresponders, self-replicating group tools, traffic analytics, and more.

Plus, we are built on the Blockchain which allows Airdrops of 500 Markethive Coin (MHV) worth $100, upon joining and micropayments for using the tools mentioned above. This is all free to you.

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India’s Crypto Trading Volume Soars Amid Economic Crisis

India's Crypto Trading Volume Soars Amid Economic Crisis

India's Crypto Trading Volume Soars Amid Economic Crisis

 

Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of the crypto-economy.”

Record-Breaking Growth Across the Indian Crypto Industry

Cryptocurrency trading volume has been growing by leaps and bounds across many exchanges in India despite the coronavirus pandemic and economic crisis. Peer-to-peer (P2P) bitcoin marketplace Paxful announced Thursday its record-breaking performance in India.

From January to May, Paxful reported an increase of 883% in bitcoin’s trading volume over the same period last year, from approximately $2.2 million to $22.1 million. In May, the bitcoin trading volume on the platform was $6.2 million, a 41% increase, and new user signups increased by 12% for the month. On a monthly average, new user signups increased by 28%.

India's Crypto Trading Volume Soars Amid Economic Crisis

P2P marketplace Paxful reported a significant increase in bitcoin trading volume on its marketplace in India. Global and local cryptocurrency exchanges are seeing a similar trend.

Recently, global cryptocurrency exchange Okex also revealed in a report that its “visits from India saw the highest increase, reaching 545.56%. According to Okex, newly registered users from India rose 4,100% during the same period,” the report states. “After the policy was loosened, the increase in trading volume was not only reflected in local exchanges, but also the major global exchanges.”

Several local crypto exchanges in India have independently told news.Bitcoin.com that they have been seeing huge growth in trading volumes and new users on their platforms, especially during the nationwide lockdown. The growth was fueled by the country’s supreme court quashing the banking ban by the central bank, the Reserve Bank of India (RBI), in March. Wazirx and Unocoin recently said their trading volumes increased 10-fold. Zebpay also saw substantial growth in trading volume and new users during the lockdown. Meanwhile, new crypto exchanges are launching in India, while global exchanges are expanding in the country and venture capitalists are investing more in Indian crypto startups.

 

Great Potential for the Indian Crypto Industry

Paxful detailed that it “sees India as a center for innovation and is excited to see the growth and contribution Indians will bring to the industry.” The platform, which recently expanded operations in India, aims to use cryptocurrencies to “expand the financial inclusion and fiscal independence of a new generation of Indians.” Paxful CEO and co-founder Ray Youssef commented:

The Indian market holds great potential and importance for the future of the crypto-economy. People in India are betting big on bitcoin presenting an opportunity for greater financial returns.

“We are actively focussing our efforts on bringing cryptocurrency to the masses across the nation to aid in the eradication of poverty, boost economies, and create jobs, especially in the post-covid-19 economy,” he continued.

The Indian crypto sector is flourishing despite the covid-19 crisis and severe economic conditions throughout the country. Former Finance Secretary Subhash Chandra Garg recently said that he expects the Indian economy to contract by 10% this fiscal year. Global rating and research agency CRISIL said last week that India’s worst recession is here, concurring with Goldman Sachs’ prediction that the current recession is the country’s worst.

What do you think about the growth of India’s crypto sector? Let us know in the comments section below.

Blockchain and Smart Contracts Have a Dark Side’ Says Researcher

Blockchain and Smart Contracts Have a ‘Dark Side,’ Says Researcher

The immutability of blockchain ledgers and smart contracts have a “dark side,” argues UPenn professor Kevin Warbach.


Blockchain technology crystallizes the rise of “algorithmic power” that today presents a major challenge to traditional forms of sovereignty, legal authority and state-led governance.

So goes the argument in a new post on the Oxford University Faculty of Law blog on Monday by Kevin Warbach, a professor of legal studies and business ethics at the Wharton School of the University of Pennsylvania. Warbach’s forthcoming book After the Digital Tornado: Networks, Algorithms, Humanity will argue that blockchain technology could wreak unintentional havoc if its characteristics are not understood and tackled directly. For Warbach, the immutability of blockchain ledgers and the use of smart contracts — self-executing software code — have an implicit “dark side.” While they are designed to overcome the weaknesses of human or institutional intermediaries, the alternative they create has

its own inherent tensions:

“Contracts of any consequence are generally incomplete; that is to say, they do not precisely specify outcomes for every possible scenario. Smart contracts magnify this incompleteness. They can only express their terms in sharp-edged software code, eliminating the interpretive discretion of human judges and juries.”

While traditional contracts “backstop” human commitments with the legal force of the state, smart contracts use automated, code-enforced decision-making to establish confidence between parties. Attempting to do away with fallible human governance can be “seductive,” he states. Yet too strong a belief in the “perfectly rational vehicle” of computer code to regulate imperfect real-world behavior can have bad results — without any clarity as to who

has the power to resolve them:

“The dark side to immutability is that valid transactions cannot easily be reversed on a blockchain, not that invalid or illegitimate ones cannot be. Immutability creates the potential for catastrophic failures with no clear means of remediation.”

Blockchain technology more broadly should be addressed as a method of governance, poised on the “knife edge of freedom and constraints,” he writes. The paper concludes by recommending an approach that Warbach calls “governance by design.” This means recognizing that “perfect immutability creates systems with unacceptable fragility” that will require integrating governance mechanisms systematically — not as an afterthought — as the technology evolves.

Article Produced By
Marie Huillet

Marie Huillet is an independent filmmaker, with a background in journalism and publishing. Nomadic by nature, she’s lived in five different countries this decade. She’s fascinated by Blockchain technologies’ potential to reshape all aspects of our lives.

https://cointelegraph.com/news/blockchain-and-smart-contracts-have-a-dark-side-says-researcher

Own A Piece Of Markethive — Lifetime Income Opportunity

Markethive, the first Social/Market Network built on the Blockchain, introduces The Entrepreneur Program

The Entrepreneur program is designed to leverage your system. Your free Markethive system is a market network, like a social network, but with powerful inbound marketing tools integrated into the system.

This premier hybrid social network includes news feeds, blogging platforms, video channels, chat channels, groups, image sharing, link hubs, resume, profile page and peer to peer commerce.

But more than a social network, we have also delivered to you “Inbound Marketing tools” like broadcasting, capture pages, lead funnels, autoresponders, self-replicating group tools, traffic analytics, and more.

Plus, we are built on the Blockchain which allows Airdrops of 500 Markethive Coin (MHV) worth $100, upon joining and micropayments for using the tools mentioned above. This is all free to you.

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2020 The Year of Markethive

2020 The Year of Markethive

Markethive is the first Market Network and leading the way for marketers, business owners, all entrepreneurs, offering all the tools needed to facilitate any business along with a spirited community advocating collaboration in a blockchain-driven environment assuring privacy, autonomy, and sovereignty and all for free. This is a complete ecosystem where being able to generate an income is a reality. The Markethive system pays you to learn, it pays you to use it and it pays you to promote it.

How is this possible? That’s easy. Markethive, with its own proprietary technology, built on the Blockchain with its own coin (MHV) is creating its own ecosystem. This allows Markethive to pay you in MHV for every activity you perform in the system.

It also runs on multiple engines. What does that mean?

Markethive started out and is fundamentally an inbound marketing platform given to you for free, much like Marketo which charges up to $25,000 per month to use its services. Geared for huge enterprise-scale companies, Marketo sold for $4.75 billion to Adobe and faring well for the B2B market.

But Markethive is much more than that. It’s geared for everyone, whether you’re just starting out in the online world or a business owner, writer, blogger, creative artist, an entrepreneur on any level. It not only plugs into all other social media platforms, but Markethive is also its own social media platform and digital news site. This lends itself to massive exposure and traffic required to succeed in any business online.

WHAT ARE THESE ENGINES?

Social media and online marketing platforms or digital media sites typically only have one engine. LinkedIn, for example, only has a subscriber engine meaning they get their traffic through people subscribing to them so basically you have to log in to LinkedIn to see their platform. CoinTelegraph, a high profile digital media site, is predominantly a traffic engine.

Markethive has both engines driving it and the engine’s speed and power are measured by Alexa and WorthOfWeb. Both these engines are growing daily in an exponential fashion as shown in the image below.

MarketHive is a social marketing platform for entrepreneurs that has the combined power of Facebook, LinkedIn, Marketo and Amazon.

100% Free to everyone

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Increased Demand Requires Increase in Nodes Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

 

As bitcoin adoption soars during the global crisis, miners are needed.

Here’s how you can cash in on crypto while staying at home. The novel coronavirus has brought about a new way of living in almost every conceivable regard. To how we interact with friends and loved ones, to how we work, and how we earn an income. In its wake, the virus has already begun to cripple our collective health and the health of many economies, which has left a number of us looking for better ways to earn a living, comfortably from our homes.

It has also left many heading online to begin trading in digital currencies. Focused exchange platforms, like Bitvavo, have noticed a stark uptick in existing user interaction, as well as new accounts. Whether this is due to a faltering trust in standard global financial systems, or just because we all have a bit more time on our hands is so far unknown. What is known is that with increased interaction and user adoption- more transactions will need to be validated and added to the blockchain than ever before. Which translates to a need for miners. This comes as great news, as bitcoin is realistically the only financial asset that can operate and maintain remotely. In fact, that’s the entire basis of the network’s structure.

What is Mining?

Mining is a term used to describe how transactions are validated and added to the blockchain. To appropriately expand on that, you’ll need a bit of knowledge on how bitcoin works at its core.

Decentralized Public Ledger System

The blockchain is bitcoin’s ledger system. It’s where the checks and balances are stored, each and every transaction that occurs on the network is stored within the blockchain- effectively making the transactions public, transparent, and verifiable. All without the need for a centralized authority. Each time a transaction is made on the network, independent computers that function as part of the entire network (nodes) work to solve complex mathematical equations. If these equations are able to be solved, it proves that the transaction was real and unique. Verifying the transaction itself. As each transaction is verified, it is added to the blockchain, where it can be publicly viewed by anyone on the network. Each verified transaction is completely immutable and time-stamped. Ensuring continued transparency and authenticity.

Verifying Transactions

The nodes that work to verify transactions are owned by people. Those people are called “miners”. They get this name because each time a transaction is verified, the person that owns the node that solved the equation is rewarded in newly minted bitcoin. Sort of like a prospector mining gold from a vein.

Payment for Work

This payment helps to incentivize people to continue to relegate their computing power to verify transactions. Further distributing the responsibility of verification throughout the entire network. Solidifying the decentralized nature of bitcoin.

Source: BitcoinWiki

This system of verification is called “Proof of Work”. In a proof of work system, all nodes on a network race to be the first to solve the mathematical equation. The node that comes up with the solution first, reaps the reward. In proof of the work environment, it’s not necessary for anyone node to be in any one place. Which makes it easy to mine at a distance, or even comfortably from your own home.

How to Mine Bitcoin

Mining bitcoin can be a bit tricky to get started if you’re not particularly tech-savvy. Tricky, but not impossible. The equipment needed to mine bitcoin has evolved nearly as quickly as bitcoin itself- in little over 10 years, time-consuming, energy-gobbling, clunky hardware has been replaced with a sleek and efficient purpose-built piece.

Source: BusinessInsider

While innovations in mining technology continue to emerge, it seems that the industry may be slowing down as it comes closer to reaching an equilibrium. Currently, two options of mining exist Cloud Mining and Personal Hardware Mining.

Source: bitmoneytalk.com

With the cloud mining route, hopeful miners choose a company through which they “rent” mining hardware. Essentially, through these companies, cloud miners will pay for someone else to mine for them using their own hardware. Similar to a type of crowdfunding. This “rental” investment will generally be paid out in bitcoin. When choosing a cloud mining company, it’s important to do your research and personally vet any company you plan on working with. Each company will have a different setup for how their operation works, rental terms, and how you will be paid. Each company will walk you through their process and lead you through the necessary steps you will need to take to begin cloud mining.

Personal Hardware Mining

Choosing to mine with personal hardware is an expensive choice if you don’t already have access to cheap electricity supply, powerful network connection, and decent access to hardware. Before you begin the process of purchasing a personal mining setup, it’s advisable to use a bitcoin mining calculator to see if the cost of investment versus payout from mining will be profitable. Modern mining is almost exclusively done using ASIC hardware. This Application-Specific Integrated Circuit hardware is a microchip that is purpose-built for mining. While these processors are extremely efficient, even the best hardware only produces about $10-$30 of profit per day. So expensive setups and high energy costs can make it cost-prohibitive to choose this route.

Article Produced By
Ionela C.

https://theccpress.com/increased-demand-requires-increase-in-nodes-heres-everything-you-need-to-know-about-bitcoin-mining-during-lockdown/

Own A Piece Of Markethive — Lifetime Income Opportunity

Markethive, the first Social/Market Network built on the Blockchain, introduces The Entrepreneur Program

The Entrepreneur program is designed to leverage your system. Your free Markethive system is a market network, like a social network, but with powerful inbound marketing tools integrated into the system.

This premier hybrid social network includes news feeds, blogging platforms, video channels, chat channels, groups, image sharing, link hubs, resume, profile page and peer to peer commerce.

But more than a social network, we have also delivered to you “Inbound Marketing tools” like broadcasting, capture pages, lead funnels, autoresponders, self-replicating group tools, traffic analytics, and more.

Plus, we are built on the Blockchain which allows Airdrops of 500 Markethive Coin (MHV) worth $100, upon joining and micropayments for using the tools mentioned above. This is all free to you.

Free here :  Click here

 

What you need to know about Bitcoins

What you need to know about Bitcoins

The world has come to an era where most people prefer making transactions

and payments in a digital setting. This involves carrying out digital transactions from one account to another. The FIAT currency refers to a system of money accepted all around the world. Different types of FIAT currency have established exchanges within the system. Cryptocurrencies are a new system, just like the FIAT currency system except that it is digital. Generally, cryptocurrencies refer to Bitcoins due to their popularity in the world. Here are some of the Bitcoin details.

Digital Currency

Bitcoins are decentralized digital currencies without a central bank or single administrator. It is electronic cash that is used to make transactions that include purchasing items and also conducting trade. As said before, the Bitcoin system does not have any central governing principles involved; therefore, digital tokens are sent directly from the sender to the recipient.

History of Bitcoins

Satoshi Nakamoto published a paper on Bitcoin in the year 2008. This paper suggested the establishment of a method for carrying out financial transactions in a peer to peer mode using electronic cash. As FIAT currency stays in personal bank accounts, Bitcoins also have a place to be kept. Cryptocurrency wallets such as the mobile wallets, paper wallets, desktop wallets, online wallets, and hardware wallets are used to store Bitcoins. These wallets not only keep your Bitcoins but also ensure security and give an allowance of executing transactions with your Bitcoins and other cryptocurrencies.

Blockchain Network

It is essential to know that the Bitcoins are not real assets to store; instead, they are virtual addresses stored. The whole system involves a built network called Blockchain, whereby there is the addition of individual blocks whenever a transaction is carried out. It is, therefore, easy to follow the entire history of transactions. Moreover, no one can interfere with the sequence of the chain or even remove a block. The chain only adjusts when there is an addition of a new block. Another thing to note is the presence of the private key, which is a link to your cryptocurrency account or wallet. The role of the private key is to maximize security for your assets.

Exchanges via Bitcoins

You can acquire Bitcoins by looking for credible exchanges via Bitcoins ATMs and Bitcoin mining. It is only the owner of Bitcoins that can make any Bitcoins transactions. During the initiation of a transaction, the validity of the chain would be verified to ensure that no one uses expired Bitcoins. After the transaction is approved, there is usually the addition of a new block to the chain.

Conclusion

In conclusion, the increased demand for Bitcoins has caused the scarcity to supply. This makes the value of Bitcoins to appreciate, making it a big deal to have and to use it now. Bitcoins have already made it big, and it is, therefore, advisable to invest now.

Article Produced By
Dean

Owner, Editor, and lead writer for Cryptorials. Cryptocurrency writer and trader since 2014.

https://cryptorials.io/what-you-need-to-know-about-bitcoins/

Own A Piece Of Markethive — Lifetime Income Opportunity

Markethive, the first Social/Market Network built on the Blockchain, introduces The Entrepreneur Program

The Entrepreneur program is designed to leverage your system. Your free Markethive system is a market network, like a social network, but with powerful inbound marketing tools integrated into the system.

This premier hybrid social network includes news feeds, blogging platforms, video channels, chat channels, groups, image sharing, link hubs, resume, profile page and peer to peer commerce.

But more than a social network, we have also delivered to you “Inbound Marketing tools” like broadcasting, capture pages, lead funnels, autoresponders, self-replicating group tools, traffic analytics, and more.

Plus, we are built on the Blockchain which allows Airdrops of 500 Markethive Coin (MHV) worth $100, upon joining and micropayments for using the tools mentioned above. This is all free to you.

Free here :  Click here

 

THE TECHNOLOGY USED FOR THE DIGITAL CURRENCY

THE TECHNOLOGY USED FOR THE DIGITAL CURRENCY

A currency that does not have a mediating institution like governments or banks is completely free.

As a result, a government cannot stimulate its inflation, for example, by “printing” more bills. For this reason, the market itself with its supply and demand law will dictate the dynamics of Bitcoin.The lack of mediation on the part of a financial institution also reduces the values ​​for transactions and speeds up the speed of the procedures.You spend on transport to the bank and in addition to the time spent on transportation Currently online transactions require mediation from financial institutions, with Bitcoin the process will be as simple when buying a product with a banknote in a physical store: Imagine buying a shirt for R $ 50.00 at a physical store: you hand over a ballot with that amount, withdraw your product without the need for a bank to mediate the purchase. Likewise, it is the virtual transaction with cryptocurrency, that’s why it has become more popular; it is cheap and fast because it is P2P.

Bitcoin blockchain and way to use it

Just as a Real note has protection technologies, virtual money must also have it. Real’s new banknotes have holographic stripes, high relief, fluorescent elements, security wire, watermark, puzzle, microprints and a hidden number; it’s a lot of technology to prevent counterfeiting isn’t it!? Likewise, so that virtual money is not cloned, it is protected by a set of principles and techniques called cryptography. Cryptography: it is a set of techniques that aim to encrypt information so that it can only be read by those who know the code, ensuring the security of the information. To make a metaphor, it would be like sending a locked chest to a friend by means of a messenger: he will take the chest to the other person, but he cannot open it, only his friend who has the key will be able to see what is inside. Use bitcoin-up.live for the all kind of the bitcoin trading needs.

Why does Bitcoin use the P2P system?

Bitcoin is an online currency with P2P (peer to peer) payment traffic, meaning that it does not need a central intermediary server. What is the advantage of this? Think of traditional financial transactions In addition, the data related to the transactions are stored until they can be validated by the so-called miners and this process happens in a transparent way: the code is free, so it is possible for anyone to access the information to check its validity. In the digital environment, data can be copied, changed and exchanged. The blockchain was the solution to eliminate the first two characteristics: a person cannot spend 1 BTC twice or say that he sent you 10 BTC but transfer only 0.01 BTC Essentially, the hash takes a large amount of data and turns it into a small amount of information. It is the “fingerprint” of some file, or, in the case of the blockchain, of a block. In this chained block system, this fingerprint is essential.

The hash will sign the contents of the block; if any information is changed, the hash changes. When you generate a new block that also contains the hash of the previous one, it creates a kind of seal: it is possible to check and signal if any block has been altered, to then invalidate it. So P2P (peer to peer) system used in bitcoin make it easy to do transactions. Each blockchain network also has “nodes”, which group participants who have the same interest; in bitcoin, it’s transferring money. These nodes can be either transactional, which write or generate blocks, or miners, who check whether the written block is valid. The computational process required for mining actually involves adding hardware that continually and The blockchain is so secure by a proof of work consensus (PoW) mechanism that uses processing power to solve very complicated mathematical calculations to ensure that the block’s cryptographic hash is valid. When someone solves the operation and manages to validate the block, he receives a reward — the other people in the network can also confirm that the result is correct.

Article Produced By
Zerocrypted

https://zerocrypted.com/the-technology-used-for-the-digital-currency/

Own A Piece Of Markethive — Lifetime Income Opportunity

Markethive, the first Social/Market Network built on the Blockchain, introduces The Entrepreneur Program

The Entrepreneur program is designed to leverage your system. Your free Markethive system is a market network, like a social network, but with powerful inbound marketing tools integrated into the system.

This premier hybrid social network includes news feeds, blogging platforms, video channels, chat channels, groups, image sharing, link hubs, resume, profile page and peer to peer commerce.

But more than a social network, we have also delivered to you “Inbound Marketing tools” like broadcasting, capture pages, lead funnels, autoresponders, self-replicating group tools, traffic analytics, and more.

Plus, we are built on the Blockchain which allows Airdrops of 500 Markethive Coin (MHV) worth $100, upon joining and micropayments for using the tools mentioned above. This is all free to you.

Free here :  Click here

 

HOW CAN YOU IMPROVE ON YOUR MARKETING EFFORTS?

HOW CAN YOU IMPROVE ON YOUR MARKETING EFFORTS?

MARKETING HAS EVOLVED OVER THE LAST 100 YEARS, SO WHAT'S NEW?

I came across an interesting theory by Mark Schaefer, Blogger, and Keynote Speaker of all things marketing, and I thought it was quite on point. This puts a broader perspective on how we conduct our marketing efforts and how things have changed over the last 100 years. 

The role of marketing is changing dramatically. We are in the third rebellion where consumers are now in control. The customers are telling our stories. The customer is the marketer.

Back in the 1950s, advertising was a promise to consumers. An extraordinary promise and generally people just took the advertisers at their word. They’ve believed their claims. Advertising started to heat up and as the competition became more fierce, these claims became more remarkable until they became just lies. So the first consumer rebellion was "the end of lies". 

 

The advent of the second rebellion came around the mid-’90s by the sound of a phone line dial tone connecting to the internet signal. It was the dawn of the information age and enabled by technology, where anybody could gather info on any company or government that left the companies terrified. Now the consumers can do their own research, compare products and claims. This was the second rebellion, led by technology, "the end of secrets".

Now we’re in the third rebellion, "the end of control". Today we are experiencing that consumers are now in control. They are a lot more skeptical about what they’re are being told through bold advertisements, so now what? What does a business do to win over a customer these days? 

Before the internet, we mostly kept our brand experiences to ourselves. Maybe we told a few people in our innermost circles. Only a minority of people were motivated to complain or compliment the brand, wrote, or called the company. Once the internet arrived, a few more emailed companies their thoughts.

Then came social media.

Image by contentgroup 

 

In the mid-2000s as Facebook, Twitter, and YouTube launched, marketers discovered that not only could they advertise there, but consumers could express their feelings and share their experiences with brands there. Suddenly consumers had the same kind of broad media platform that brands had enjoyed for years. Social media reversed the communication flow of brand messages and turbocharged it.

Social media is producing little pockets or groups of consumers engaging and sharing positive or negative information about their experiences of any given brand or company.  Markets are now conversations and customers are in control of those conversations. Businesses can no longer buy their way in, they need to be invited and that’s what marketing is about today. 

 

How Can We Connect With Potential Customers?

We can go to the core of where our customers are who are sharing their thoughts or grievances with their peers. By listening and engaging more on channels such as social media, customer support, forums, and the like, we can experience and understand the consumers’ point of view. 

Connecting with them through writing blogs and articles, consistently, of interesting and relevant information will create an authoritative presence, perhaps meet a customer’s need and provide a solution that perhaps can’t be recognized in a short advertising message. This is otherwise known as content marketing which can create conversations and is a good way to be invited into the consumers’ hearts and minds. 

We can’t always control what people think of our brand, but we are able to influence it and reduce any negative experiences by being present and mindful of consumers’ perspectives. It’s a known fact that solving problems can have a greater impact on the individual who will sing your praises and even become a loyal advocate. The humanity that causes consumers to brand experiences also promotes understanding, forgiveness, and enthusiasm. 

BE MORE HUMAN in everything you do and every engagement you make. It’s about building relationships and connecting at an authentic and genuine level. The most human company wins. 

  • It’s not just about our “why.” It’s also about their “why.”
  • What is their “purpose”? Many people only buy based on their beliefs.
  • Technology should be used to help your company be more compassionate, receptive, fascinating, and useful.
  • Marketing isn’t about making promises. It’s about keeping promises.

 

Content Marketing Of All Types Still Rule

There are many different forms of Content Marketing, such as blogging, video tutorials, digital media, email newsletters, white papers, free reports, etc, and yet many people are confused about the entire concept. 

Content Marketing means creating and sharing valuable free content to attract and convert prospects into customers, and customers into repeat buyers or loyal followers. The type of content you share is closely related to what you sell, whether it’s a product, a belief, a cause, or a corporate or personal brand. In other words, you’re educating people so that they know, like, and trust you enough to do business with you. 

All businesses are now coming online as part of the next normal searching for different and various ways to not only make their presence known but also to offer the best experience for their prospects. Content marketing is a proven way to build an audience that builds your business. Here are some basic principles to note;

  • People generally don’t want “advertising” when making purchasing decisions, they want valuable information. 
  • It’s content that people desire and seek out, and it’s great content that Google wants to rank well in the search results so those people can find your business. 
  • It’s content that spreads via social networks, generating powerful word-of-mouth exposure for savvy content marketers. 
  • It’s beneficial content that is the best way to achieve what advertising is supposed to achieve but doesn’t do so well online getting people to know, like, and trust your brand.

 

Remember, content drives the Internet, and consumers are looking for information that solves a problem, not an immediate sales pitch. Think about how to create content that makes your customers’ lives better, then the trust, credibility, and authority that content marketing creates knocks down sales resistance, all while providing a baseline introduction to the benefits of a particular product or service. 

If your content looks like an advertisement, it will be overlooked or thrown away. Make your “advertising” too valuable to throw away by wrapping it in wonderfully beneficial, readable content.

The individuals and businesses that are having the most success online tend to have a high ratio of valuable content that seemingly has no sales agenda, and mixed with periodic promotional messages. They tend to build on a number of blogs answering any questions or allaying any objections they feel a reader or prospective buyer might have even before they realize they need or want to buy a product or service. 

You will still need a strong call to action to close the sale, the trick is to keep the balance right. Use your content to build a desire for your product and create a steadfast relationship with your audience, then ask for the sale. 

Producing stellar content for your marketing is great, but that’s only one part of the equation…

 

The Other Part Of The Equation

Your content must then be properly leveraged to help you acquire customers. Even great content doesn’t distribute itself. It needs a vehicle for people to pass it along or share it, discuss its merits, hash over its controversies, blog it, mash it, tweet it, and even swipe it. 

Social media is a prime platform to distribute your content along with digital media, and the vehicle to get your content out to multiple platforms across the internet is the next generation inbound marketing platform and social network, Markethive. But blockchain-driven Markethive is more than just a vehicle, it’s a place to call home when writing your content. It’s your property and cannot be confiscated.   

As Markethive moves forward with its integrations, and upon joining, you receive a (CPanel), control panel, and WordPress system built into your assigned domain, a subdomain of hivesfeed.com AKA username.hivesfeed.com. This way you control all your content, without the worry or hassles of government overreach, and anti-freedom regulations designed to stifle the start-ups and the small entrepreneur. And let’s not forget digital sharecropping…

Digital sharecropping is a term coined by Nicholas Carr to describe a peculiar phenomenon of Web 2.0.

“One of the fundamental economic characteristics of Web 2.0 is the distribution of production into the hands of the many and the concentration of the economic rewards into the hands of the few.”

In other words, anyone can create content on sites like Facebook or LinkedIn, but that content effectively belongs to the company. The more content we create for free, the more valuable the company becomes. We do the work, they reap the profit. So effectively, these companies become your landlord.

What if you moved all of your marketing to a site like Facebook? It’s local, it’s free to sign up, and it makes businesses feel like they’re doing something avant-garde.

But what happens when Facebook thinks you’ve done something that violates their terms of service and deletes your account? Or changes the way you’re allowed to talk with your customers?

“If you’re relying on Facebook or Google to bring in all of your new customers, you’re sharecropping. You’re hoping the landlord will continue to like you and support your business, but the fact is, the landlord has no idea who you are and doesn’t actually care.”

 

Build Assets You Can Control

Many content creators and bloggers have put millions of hours into their craft only to find it deleted and their internet presence and followers wiped out… myself included. But providing you have a safe haven to create and publish your content, then platforms like Facebook, Google, LinkedIn, Twitter, Pinterest, and many more search and social sites are all superb tools to add to your marketing mix.

The thing is you will want to spend most of your time and creative energy building assets that you control.

 There are three assets you should be building today and should continue to focus on for the lifetime of your online business or creative passion you want to share and continually build a following, which Markethive can help you with…

  1. A well-designed website or storefront with your own domain.
  2. An opt-in email list with a high-quality autoresponder
  3. reputation for providing impeccable value

Info : Click here to join for free

Free System — Free Speech — Autonomy

What makes Markethive different is that it’s built on a transparent blockchain system, the platform is completely decentralized delivering on our principles of privacy, transparency, autonomy, and free speech. Markethive is not spying on you, shadow banning you, or terminating accounts because of your opinions or beliefs. 

Whether you’re a Trump supporter or cryptocurrency enthusiast Markethive has no hidden agendas. We are a collaborative community that wants everyone to succeed in their own right. Furthermore, with the KYC and wallet coming into play soon, fake and hacking accounts that can result in the termination of an unwitting and innocent individual along with years of their hard work, will be a thing of the past and left behind with the social media of Web 2.0. 

Info : Click here to join for free

Monetizing Your Personal Brand On The Internet

Monetizing your personal brand can take a considerable amount of time. Many aspiring bloggers and podcasters have the misconception that they can make money from their newly created blog or podcasting platform in a matter of weeks or months, but you need to build a sizable audience that cares about you and that just can’t happen overnight. 

Successful people across a wide range of industries have stated it takes tenacity, persistence, and resilience and you need to adopt a three-year mindset to achieve meaningful success with your personal brand. You just establish your voice, create that content, and keep grinding it out, year after year. Eventually, if you work hard and stick with it, you can gain enough critical mass to monetize an audience. It’s not that easy.

 

Monetizing Your Personal Brand On Markethive

By utilizing Blockchain Technology, Markethive is able to reward the hardworking content creators by paying you for writing and publishing your blogs instantly and continuously. This is all part of the micropayment faucet system within Markethive. Additional benefits include receiving MHV Coin by your readers which adds more value to bloggers who have increased subscriber levels.

Furthermore, Markethive pays you to sign up, it pays you to use the social media platform with every post and activity you perform. It also pays you to promote it. Remember Markethive is built on the Blockchain and this is why they can pay you and offer you the security and privacy other platforms don’t. This makes it so much easier to earn an income online while furthering your influence and building your personal brand with no fear of ever having it taken away from you. 

Go sign up, it is free to use all the marketing and blogging tools, get paid 500 MHV Coins on joining and enjoy the tipping feature. Yes, that’s right, we at Markethive “Tip” Instead of “Like”. It stands to reason if they tip you they like you. This is creating universal income for all entrepreneurs who are active.

Info : Click here to join for free

 

The Complete Social Market Network of Web 3.0

Markethive, The Complete Social Market Network that is built for the people, is becoming well-known for its generous Infinity Airdrops and continuous micropayments faucet system so it really does PAY to be active and engaged. 

By joining Markethive you build relationships with thousands of other like-minded individuals who are actively building a business, blogging, researching, building an audience and their personal brand, etc. basically being “entrepreneurs” and advancing their businesses. You can join with these people as friends, group members, and subscribers of theirs via Blog Casting, Blog Sharing, and Blog Swiping. 

The Markethive Community is exploding and at the heart is a collaborative and supportive ethos that gives a real helping hand to those that are just starting out and is a treasure trove of new technology revenue-generating systems for the seasoned marketer. 

Info : Click here to join for free

 

ecosystem for entrepreneurs

 

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 

Resources: Mark SchaeferCopyblogger

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