An Introduction to Binary Options

Binary options are becoming more and more popular – Trading, which is already possible with a few Euros, has convinced many traders in the past. Below you will find all the relevant facts and information you need for a rough understanding of binary options.

What are binary options used for Bitcoin profit?

Binary options are a type of financial trading that are characterized primarily by Bitcoin profit. Therefore, this type of options is often referred to as digital options.

The trader, as the word binary suggests, has only the possibility to choose between “zero” and “one”. This means, in terms of the financial sector, that traders have the choice of either betting on a falling price or on a rising price.

Depending on how the trader decides and how the price develops, the trader can expect a corresponding return or a loss.

The main feature of binary options is that binary options are easy to trade. This probably makes binary options particularly popular as a type of financial trading.

Overview of the advantages of binary options for Bitcoin profit

Binary options offer many Bitcoin profit advantages over other types of financial trading. An important point is that binary options offer a certain degree of transparency:

The derivatives are also easy to trade and have allowed the popularity of binary options to increase in recent years. To achieve long-term success, however, it also requires a certain amount of experience.

Binary options, which have become more and more popular, are also characterised by the fact that there are no option premiums. On the other hand, option premiums have to be paid for many other types of financial trade.

The advantage of binary options is also that the trader does not have to accumulate knowledge about many different, complicated key figures beforehand. Likewise, it is not necessary for the trader to analyze complex key figures. However, this is exactly what is recommended for long-term success.

In summary, the characteristics of binary options can be presented as follows:

Decision only between falling and rising course
no complicated key figure analysis absolutely necessary
Trading possible with little use
Call and put options as variants of binary options
trading easier and less complicated than many other types of financial trading
Disadvantages of binary options at a glance
Trading binary options is quite easy, but in order to achieve long-term success, there should be some basic knowledge. Without the Know How one plays otherwise nothing else than Lotto.

An entrance into an option takes place mostly relatively short term, since the traders usually offer the options at the end of the day.

A wrong tip leads to the total loss of the bet.

IBM Announces Food Collaboration

IBM announces in a press release a Blockchain cooperation for higher food safety. The announcement included the introduction of the first fully integrated IBM Blockchain platform designed to ensure the rapid adoption of Blockchain technology.

A group of leading companies in the global food supply chain yesterday announced a Blockchain collaboration with IBM. The goal is to further strengthen consumer confidence in the global food system. The consortium includes Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, NestlĂ©, McLane Company, Tyson Foods, Unilever and Walmart. Together with IBM, the companies are working to identify new areas of application for blockchain in the global supply chain.

According to the World Health Organization, one in ten people get sick each year from contaminated food and around 400,000 people die as a result. Many food safety issues, such as contamination-related diseases, waste and expensive food recalls, are exacerbated by lack of access to information and poor traceability. It can now take weeks to find the exact cause of contamination. As a result, more people become ill.

Blockchain technology is now being used to find a way of dealing with these Bitcoin trader problems

It offers all participants a trustworthy environment in which Bitcoin trader transactions can be processed more transparently like this Participants in the global food supply chain, such as farmers and producers, suppliers, the processing industry, retailers, government agencies and consumers, can use a blockchain network to obtain secure and reliable information on the origin and condition of food for their transactions.

The cooperating companies want to take advantage of this. Marie Wieck, IBM General Manager Blockchain, says:

“Blockchain technology is changing the way like-minded organizations can work together. Because everyone involved has exactly the same view of things, a single view of the truth, mutual trust increases enormously. Our work with organizations across the food ecosystem, as well as IBM’s new blockchain platform, will help companies realize the full potential of this promising technology. Organizations of all sizes and industries can move faster from the concept phase to productive operations and run business processes more efficiently with Blockchain.”

New Integrated IBM Blockchain Platform for the crypto trader

The IBM Blockchain Platform for the crypto trader is accessible via the IBM Cloud and facilitates all steps in building a blockchain network: it enables multiple crypto trader parties to jointly develop, control and operate blockchain networks. This enables organizations to put their own business networks into operation very quickly.

The platform incorporates IBM’s experience from more than 400 customer projects in industries such as financial services, supply chain and logistics, retail, government and healthcare.

Already thoroughly tested, the IBM Blockchain Platform addresses all the security, performance, collaboration and data protection challenges that organizations face – both technically and organizationally. It offers innovations that are the result of open source collaboration in the Hyperledger community. These include the latest Hyperledger Fabric v1.0 framework and the Hyperledger Composer Blockchain tool, both hosted by the Linux Foundation.

Californian lawyer accepts Bitcoin for election campaign

Christina Gagnier is the youngest Krongress candidate to accept Bitcoin donations for her election campaign.

The Democrat represents the 35th Congress District in California and is professionally active as a successful entrepreneur and lawyer specializing in technology and Internet law. Gagnier said that some voters have approached her and increasingly asked whether she also accepts Bitcoin. She was happy to do so and the decision of the FEC (Federal Elections Committee) to accept Bitcoin as a donation came just in time.

Gagnier: “My campaign is aimed at meeting my voters there as they happen to be. I also like to go to my voters and ask them where I can help or try to involve them in my campaigns through the Bitcoin acceptance”.

To launch the Bitcoin news, Gagnier has partnered with Coinbase

Gagnier says that politicians who speak publicly about their positive experiences with digital currencies can accelerate and consolidate popular acceptance. She also believes that Bitcoin news needs representatives to bring technological progress to the country’s regulators.

“Technology affects and will affect every industrial sector,” Gagnier said, referring to the constant problem that Bitcoin technology is always faster than the law. “With a congress of members from different backgrounds, we will be able to build a regulation that is workable and beneficial to a wide range of industries”.

Bitcoin news vs. regulation

Gagnier is co-founder of the technology Bitcoin news company Gagnier Margossian LLP. She is also managing director of JobScout, an online platform where job seekers can improve their application skills.

She says she would like to see digital currencies help smaller companies stay competitive, but that requires more clarity and a unified set of rules:

“If each state has its own laws dealing with the transfer of money and now the states start drafting their own Bitcoin laws to regulate Bitcoin, this leads to a lot of confusion among those who want to accept Bitcoin. A single guideline and coherent legal framework would be very helpful.”

The new electoral environment
Gagnier is now one of many MEPs who publicly support Bitcoin. A handful of MEPs are already accepting Bitcoin for whaling campaigns.

Apparently with public support and the FEC’s new guideline, which officially allowed Bitcoin to donate for political purposes, BitPay announced several new partnerships to make it even easier for politicians to accept Bitcoin. The payment processor has partnered with CoinVox, NGP VAN and Targeted Victory. All three companies offer support in conducting election campaigns.

What exactly can we imagine by this?

On your website you can read that BlockState wants to build bridges between the traditional financial sector and the crypto economy

With our products we want to bring together the efficiency gains of blockchain technology with the compliance requirements of the classical financial world and thus build a bridge. Our mission is not to abolish banks and replace them with a regulatory evasive solution. We must not forget: The classic financial world also has a lot of advantages. If I lose my password for my online banking account, then I have a contact person who helps me to recover it. In our opinion, intermediaries are not superfluous per se, especially if they provide a certain level of security. At the same time, my experience in banking is that the structures there often date back to the eighties.

You are planning to make investments in crypto currencies possible for institutional investors – how exactly is that going to work?

So far it has hardly been possible for institutional investors to participate in the crypto currency market for regulatory reasons – we want to change that. We will be launching an index product this year that tracks the 15 largest crypto currencies. This index product will not only be available for private investors, but also for institutional investors, as it meets their regulatory requirements.

How do you solve the regulatory problems that many companies working on crypto funds are currently facing?

One of the biggest problems with crypto funds is cleanly auditable pricing. For Bitcoin and Ethereum there are now consolidated prices due to the futures market. However, this is not the case for other crypto currencies, especially beyond the top 10. This is where we come in and first ensure transparent pricing. Another problem lies in the structure of the products: So far, these products are primarily available to wealthy private clients, as they do not comply with the regulatory requirements of institutional investors. Our products, on the other hand, will meet the UCITS and PRIIP criteria and are therefore tradable on stock exchanges and also suitable for institutional investors for diversification.