Skip to main content

Posts

Showing posts from October, 2017

Professor of Finance from the United States: Crypto Currency Quickly Becomes an Alternative to Gold

According to Aswat Damodaran often referred to as Wall Street’s “Dean of Valuation, a finance professor at the New York Business School, people are increasingly choosing  crypto -currencies rather than gold. In his recent post, the expert noted that, in the final analysis,  crypto -currencies, in the alternative to central banks issued by the central banks, could replace gold in the course of time. He also said: “I don’t believe  crypto currencies are now or ever will be an asset class,” or that they will change the “fundamental truths of risk, investing and management.” Related Posts: Palestine Is Launching Own Cryptocurrency Moscow Exchange and Cryptotrading Federal Reserve and Bitcoin Cryptocurrency Debit Cards are Becoming More Popular Blockchain Will Have a User-Friendly Interface Cryptocurrency Regulation in Russia is Coming!

The cost of Bitcoin Gold collapsed by 62% on the first trading day

The price of  Bitcoin  Gold collapsed by 62% at the end of the first trading day, despite the fact that the exchanges did not open access to deposits. At the time of launch,  Bitcoin  Gold has the same blockage history as  bitcoin .  Bitcoin  Gold developers left the main network on Tuesday morning at block 491.407, “stalling” bitcoin user balances that they will receive on their Bitcoin Gold account. At the same time, the developers have created about 100,000 coins, which, they declare, will be used to support the growth of the ecosystem of the new coin. Bitcoint Strengthens Its Positions Palestine Is Launching Own Cryptocurrency 10 000 USD for a Bitcoin – How Realistic It Is? Lagarde sees no reason to reject crypto-currencies, does not consider them a threat to central banks Sweden Settles a Debt in Cryptocurrency Worthless or Priceless? – Opinions about Bitcoin Value

In Singapore, there are no plans to regulate crypto currency, such as Bitcoin, the head of the Central Bank said.

According to the managing director of MAS Ravi Menon, the currency authority of Singapore, the Central Bank of the country and the financial regulator, will not try to centralize the  crypto  currency, but will consider possible measures to combat money laundering. In an interview with Bloomberg, the head of the central bank said: “We’ve taken the approach that the currency itself does not pose the risk that warrants regulation. Our approach is to look at the activity around the  cryptocurrency  and then make an assessment of what regulation would be suitable.” Related Posts: Federal Reserve and Bitcoin US regulator : Cryptocurrencies is the Risk for Credit Union Lagarde sees no reason to reject crypto-currencies, does not consider them a threat to central banks Digital Australian Dollar – to Be or not to Be? Following Debt Settlement in Bitcoin in Sweden Worthless or Priceless? – Opinions about Bitcoin Value

Bitcoin-platforms Toko Bitcoin and Bytpayer will stop working in Indonesia

The Indonesian Toko  Bitcoin  and Bitpayer platforms are closing down. Such a decision was made by the management of the companies after the central bank of the country refused to recognize bikkoy as a means of payment. Bitpayer will stop working on November 1. The company appealed to clients with a request to withdraw funds from the platform accounts before the beginning of November. Toko  Bitcoin , which previously allowed to buy a prepaid phone or a voucher for electricity for  bitcoin s, stopped accepting  crypto -currencies. The head of the  crypto -currency exchange of Indonesia stressed that the decision to close the two platforms was taken by the site managers themselves. The Indonesian authorities are still only developing laws that allow the regulation of the turnover of the  Crypto -currency. Related Posts: Palestine Is Launching Own Cryptocurrency Professor of Finance from the United States: Crypto Currency Quickly Becomes an Alternative to Gold Cryptocurrency –

Warren Buffett warned of the danger of bitcoin

Bitcoin  is a real bubble. This was stated by one of the most influential investors of the planet Warren Buffett, reports Marketwatch. In the course of the conversation, the speech about  bitcoin  also came up. And the impressive growth in the price and capitalization of the first billionaires’  crypto  currency is not impressive. “People get excited from the big price movements, and Wall Street accommodations,” he was quoted. Related Posts: 10 000 USD for a Bitcoin – How Realistic It Is? What are Bitcoin Futures, Options and CFD’s? Bitcoin may soon be a ‘rational, expected’ part of a portfolio, Bitstamp’s Dan Morehead says Lagarde sees no reason to reject crypto-currencies, does not consider them a threat to central banks Sweden Settles a Debt in Cryptocurrency Worthless or Priceless? – Opinions about Bitcoin Value

Warren Buffett warned of the danger of bitcoin

Warren Buffett warned of the danger of bitcoin Bitcoin  is a real bubble. This was stated by one of the most influential investors of the planet Warren Buffett, reports Marketwatch. In the course of the conversation, the speech about  bitcoin  also came up. And the impressive growth in the price and capitalization of the first billionaires’  crypto  currency is not impressive. “People get excited from the big price movements, and Wall Street accommodations,” he was quoted. Related Posts: 10 000 USD for a Bitcoin – How Realistic It Is? What are Bitcoin Futures, Options and CFD’s? Bitcoin may soon be a ‘rational, expected’ part of a portfolio, Bitstamp’s Dan Morehead says Lagarde sees no reason to reject crypto-currencies, does not consider them a threat to central banks Sweden Settles a Debt in Cryptocurrency Worthless or Priceless? – Opinions about Bitcoin Value

Following Debt Settlement in Bitcoin in Sweden

Following Debt Settlement in Bitcoin in Sweden The first debt settlement that was accepted by the Swedish government to be paid in  bitcoin , that should have changed the course of  cryptocurrency  history. And it did so. As we have already mentioned, the state has infrastructure even if it wanted to keep the  cryptocurrency . As was expected, the  bitcoin s that were paid to settle the debt, were auctioned, moreover, the 0,6 BTC with other  bitcoin  cash, the sum of which hasn’t been disclosed, was sold at an auction for about 6.841 USD. Related Posts: Federal Reserve and Bitcoin US regulator : Cryptocurrencies is the Risk for Credit Union Cryptocurrency Regulation on Global Level Japan Is Winning the Race in Bitcoin Regulation Lagarde sees no reason to reject crypto-currencies, does not consider them a threat to central banks Digital Australian Dollar – to Be or not to Be?

Worthless or Priceless? – Opinions about Bitcoin Value

Worthless or Priceless? – Opinions about Bitcoin Value Bitcoin  is a new currency meant to change the world? Or just a part of science fiction world that meant to disappear? Finance experts have absolutely contradictory meanings about the value of  bitcoin . While other  crypto currencies, like  Ethereum , for example, are limited in use,  bitcoin  is a way to save and to purchase, which means, its application is very wide and embraces all fields of our life. hence, its value may differ significantly from the value of other  crypto currencies. Related Posts: Federal Reserve and Bitcoin Japan Is Winning the Race in Bitcoin Regulation Lagarde sees no reason to reject crypto-currencies, does not consider them a threat to central banks Bitcoin Scaling – Is It Too Bold? Mastercard Is Against Bitcoin! Cryptocurrency Regulation in Russia is Coming!

Vaultbank, or Coin Offering Campaign from Blockchain

Vaultbank, or Coin Offering Campaign from Blockchain Vaultbank is going to merge its portfolio with machine learning, artificial intelligence and  crypto currencies for their financial services offerings. Vaultbank will be the bank offering all options for  cryptocurrency : Vaultbank Debit Card will allow investors a wide range of operations with  cryptocurrency  and for  Forex  traders – more than 17 currencies in digital format available for trading. Related Posts: Cryptocurrency – Apps Can Manage It! 65% of Bitcoin Exchange Krobit Is Purchased by Korean Media Giant Tinkoff Bank plan to issue TinCoin Cryptocurrency Cryptocurrency Regulation on Global Level Japan Is Winning the Race in Bitcoin Regulation Future of Cryptocurrency – Will Bitcoin Keep Leadership?

ICO Ban in Japan a ‘Definite Possibility’

ICO Ban in Japan a ‘Definite Possibility’ Japan is a powerhouse in the  crypto currencies market, trading around 63% of the world’s  Bitcoin . Notwithstanding, ban of  Initial Coin Offering  ( ICO ) by some Asian nations has investors stressed that Japan could go with the same pattern. Related Posts: Cryptocurrency Exchange Licenses in Japan ICO guidance in Australia Securities And Exchange Commission Against ICOs Bitcoin is Dependant on Japan? Japan Is Winning the Race in Bitcoin Regulation

Paypal and Blockchain – Is Collaboration Possible?

Paypal and Blockchain – Is Collaboration Possible? Online payment platforms do not provide a full set of solutions anymore, as none of them include options for operations in  cryptocurrency . Paypal is facing a similar issue, even though this one is the most popular. And now, just imagine how popular would be a platform, something like Paypal, but with  Blockchain operations option. Related Posts: Vaultbank, or Coin Offering Campaign from Blockchain BitcoinIRA – New View Federal Reserve and Bitcoin New Crypto Index Fund To Launch With Backing From Naval Ravikant JPMorgan CEO claim bitcoin currency is ‘fraud’ Cryptocurrency Regulation in Russia is Coming!

Bitcoin Gold, or Another Split of Blockchain

Bitcoin Gold, or Another Split of Blockchain To all who owns  bitcoin s, guys, very soon you will be able to get a new kind of  cryptocurrency  –  bitcoin gold. The project is aimed to improve the technology of  bitcoin , and is going to change all in August through a common process called a “hard fork”. Related Posts: New Crypto Index Fund To Launch With Backing From Naval Ravikant 10 000 USD for a Bitcoin – How Realistic It Is? SegWit2x Is Losing Support Just Two Months Before Scheduled Release Vaultbank, or Coin Offering Campaign from Blockchain Paypal and Blockchain – Is Collaboration Possible? Moscow Exchange and Cryptotrading