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Showing posts from November, 2017

BitFinex and MtGox – What Is Common

BitFinex is compared with MtGox in the light of the last problems that users have already had. bitFinex community is having serious issues with money withdrawal, to such extend that some observers start mentioning the MtGox in this connection.
One more reason for worrying is the connection of Bitfinex and Tether, as some users are claiming that the company is risking with the money of its users and uses fraudulent practices in trading, hence, putting under risk all users` funds.

JPMorgan CEO claim bitcoin currency is ‘fraud’ (3)Goldman Sachs Considering Bitcoin Trading Operation (2)Cryptocurrency Debit Cards are Becoming More Popular (2)Centralized or Decentralized Exchanges? (2)Loyalty Program with Ethereum in University (2)Something Is in the Air – Amazon Is Buying Three New Domain Names, Cryptocurrency Connected (2)

10,000 Barrier is Over – Bitcoin Made It!

Some Cryptocurrency Ventures Promise Token Rewards.

Some cryptocurrency ventures promise token rewards to all users who invests in their tokens. Wow how nice – you may think. Though… If an investor has a token that has some value plus it is rewarding the investors just for the fact that the investor bought it… it definitely creates prerequisites for artificial jeopardy and unpredictable consequences.

Related Posts:10 000 USD for a Bitcoin – How Realistic It Is? (3)Ripple Surprise – XRP Increases in Value for 30% (3)“What Can not Be Seen, it’s not Money”: The Bank of Korea Rejected Bitcoin (3)Saudi Arabia Crackdown – Will That Influence Bitcoin? (3)The End of Bitcoin? Has Bitcoin Reached the End of Its Era? (3)Saudi Arabia – Why We Should Buy Bitcoin (3)

Bitcoin Price Grows Above 8,000USD!

Bitcoin price grew to 8,000USD level, and this is not the end yet. Just some time ago, after the main threat for bitcoin, SegWit2x failed, bitcoin price surged from 7,200USD to 7,800USD. Just a few days after that though bitcoin dropped to 5,500USD, while bitcoin cash grew from 600USD to 2,600USD. Right at that moment, many bitcoins were exchanged to bitcoin cash, this, in turn, made the fees grow enormously.
Though, the bitcoin cash start time hasn’t lasted long. After it dropped in price, bitcoin miners started returning to bitcoin, hence, the digital coin price started growing. though, scalability and regulation issues are still unsolved.

Related Posts:Bitcoin Trades Sideways As Investors Look To China (2)Bitcoint Strengthens Its Positions (2)Government of Crimea fired for bitcoin mining (2)The First Blockchain Government in the World: Dubai (2)

Investors Will Abandon Bitcoin Before It Reaches 196,000 USD

Victims of Confedo Will Be Reimbursed

Bitcoin price

Bitcoin PRICE OverviewBitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency – Its reputation has spawned copies and evolution in the space.

Cryptocurrencies in Russia – Is There Future?

Cryptocurrencies have been passing through hard times in Russia. Periods of acceptance have been changing with periods of rejection, at times the government saw cryptocurrencies as the future of financial world, at times it was ready to ban all that isn’t money officially.
Just a moth ago, Russia announced that it is going to issue its own cryptocurrency that will not be mined, and it will be regulated by the own legislation.
Some weeks ago, the communication minister of Russia Nokilay Nikiforov announced, that bitcoin and bitcoin trade would never be legalized in the country.

Related Posts:Cryptocurrency Regulation on Global LevelRipple Surprise – XRP Increases in Value for 30%The rally continues: $ 6000 is the real price?Sweden Settles a Debt in Cryptocurrency“What Can not Be Seen, it’s not Money”: The Bank of Korea Rejected BitcoinBitcoin Cash Trading Becomes more Popular – Bitstamp Launches Bitcoin Trading Platform

Blockchain Technology and Data Protection in European Insurance Sector

Huge adoption rate of blockchain technology made many institutions think rather how to legalize and regulate it rather than how to ban it.
The latest addition is the insurance, the regulation was accepted by a number of European countries that have been partnering to provide a simple insurance package to insure simple transfers between clients. a good step forward for a technology that is for now not regulated otherwise.
The newest regulation will come in force in 2018. According to it, customer data will be stored in a highly secured system. According to the new law, companies that don’t provide a proper protection for customer data will be fined heavily.
The blockchain platform though is able to do something that others platforms aren’t able to provide regarding data protection. The system is limiting data release of clients to the minimum, with that, the blockchain platform is able to provide something exceptional in data protection, that can be used as a reference by the other system…

Kazakhstan and CryptoTenghe – How Kazakhstan Supports Cryptocurrency

Kazakhstan is making effort to embrace new technologies, including cryptocurrencies. Right now, the country considers the acceptance and legalization of blockchain technology and creation of a cryptocurrency lobby group in order to perform promotion and facilitation of introduction of cryptocurrency.

Related Posts:Federal Reserve and BitcoinCryptocurrency Debit Cards are Becoming More PopularCryptocurrency Regulation in Russia is Coming!Bitcoin-platforms Toko Bitcoin and Bytpayer will stop working in IndonesiaChina’s Huobi Exchange leaves bitcoin industrySomething Is in the Air – Amazon Is Buying Three New Domain Names, Cryptocurrency Connected

Bitcoin Cash vs. Bitcoin – Just one Has Future

Bitcoin cash has to replace bitcoin within the next 6 months – this announcement has been made recently as Bitcoin Classic has confirmed its shutting down. The release manager Tom Zander greeted the bitcoincash and commented that classic bitcoin has fulfilled its promise and hence, its function, bitcoin cash is on the way to market.

Popularity of Crypto Debit Cards Will Encourage Mainstream AdoptionBrazilian Police Arrest ‘Digital Currency’ Pyramid Scheme10 000 USD for a Bitcoin – How Realistic It Is?“What Can not Be Seen, it’s not Money”: The Bank of Korea Rejected BitcoinAmazon just bought three domain names related to cryptocurrencyBitcoin Will Cost 11 000 USD by 2018

Bitcoin is moving forward! Bitcoin exchange Bitstamp ia launching a new bitcoin trading platform. Investors have been sceptical regarding bitcoin when it moved away from the main blockchain fork, though that scepticism has not proven since then. The bitcoin price grew enormously, even above the forecasts.
Nowadays bitcoin has the third place in the world raking and is worth 1200 USD per one coin. Hence, more and more services are offered with bitcoin included, and more and more financial platforms, including trading platforms, are including bitcoin in their offers.

Related Posts:Is China Returning to Cryptocurrency?Future of Cryptocurrency – Will Bitcoin Keep Leadership?Ripple Surprise – XRP Increases in Value for 30%The rally continues: $ 6000 is the real price?Sweden Settles a Debt in CryptocurrencyHyperinflation of National Currency Can Be Advantageous – Venezuela

Initial Coin Offerings are under Fire – from German Side

The Federal Financial Supervisory Authority, the main German financial regulator, has issued a warning about the risk of investing in the Initial Coin Offerings (ICOs). Among the numerous risks listed by the German watchdog there is even the risk of the total loss of the invested sum.
As well, ICO can attract scammers and fraudsters, who may involve investors in their “projects” and then disappear with the investors` money.

Blockchain Companies Will Replace Banks? Adds EthereumBlockchain and AppleBlockchain Will Have a User-Friendly InterfaceSegWit2x Is a Threat to Bitcoin? Xapo Knows BetterBloomberg Reports: Wealth Managers Are Requested to Buy Bitcoins