Showing posts with label bitcoin news. Show all posts
Showing posts with label bitcoin news. Show all posts

15/12/2017

US ISIS Supporter Nabbed for Sending $150k In Laundered Crypto To Syria - Johntechservice

US ISIS Supporter Caught Sending $150k In Laundered Crypto To Syria.


US ISIS Supporter Caught Sending $150k In Laundered Crypto To Syria


Long Island, New York: a girl is facing up to a hundred and ten years in jail when making an attempt to send $150,000 in Bitcoin and altcoins to ISIS.
The new york Post according however Zoobia Shahnaz fooled banks into giving her loans and credit cards, that she then wont topurchase cryptocurrencies. The loan Shahnaz secured amounted to $22,500, whereas many credit cards contributed to an additional$62,000 in cryptocurrency sent abroad to support the FTO.

RECOMMENDED:Bloomberg Adds Ethereum, Ripple and Litecoin to Their Terminal


Shahnaz, a United States subject, antecedently worked as a research lab technician in a very Manhattan hospital. Last year she traveled to Jordan to figure with the Syrian yank Medical Society as a volunteer medic in Syrian expatriate camps wherever, in step with court documents, ISIS had “significant influence.”

In July of this year, the ISIS supporter was stopped and questioned in President Kennedy airdrome, apparently on her thanks to Syria and prevented from boarding. She was then inactive this Wed and charged with bank fraud and multiple counts of cash lavation, Acting​ ​US professional St. Bridget Rohde same in a very statement from the Department of Justice (DOJ) on Th.

The Justice printed Shahnaz’s activities as follows:

“...The suspect defrauded various money establishments and obtained over $85,000 in illicit issue, that she regenerate to Bitcoin and alternative cryptocurrencies. She then laundered and transferred the funds out of the country to support the Moslem State of Irak and al-Sham [ISIS]”

The same statement claims that Shahnaz was prevented from accomplishing her goals in supporting ISIS, although to what extent remains unclear. within the statement, the Federal Bureau of Investigation Assistant Director-in-Charge William F. Sweeney triumphantly stated:

RECOMMENDED: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash Price Analysis December 2017


“The Federal Bureau of Investigation ny Joint act of terrorism Task Force unbroken this girl from her dangerous and probably deadly goal. we are going to do all we will to prevent following person hoping to try and do constant.”

According to the statement, if guilty, Shahnaz faces a most of thirty years for the bank fraud charge and twenty years on every hidingcount.

Crypto’s PR woesThe events area unit a blow to Bitcoin proponents, WHO are making an attempt to defend the cryptocurrency’s name from its birth. Bitcoin skeptics often claim that the cryptocurrency permits illicit activities, as well as hiding and support of act of terrorism.

In terms of act of terrorism, analysts have found that cryptocurrency doesn't play a significant role in funding terrorist organizations. However, Shahnaz’s case, although isolated, definitely works against cryptocurrency’s name.

Following the attacks in Europe this Summer, the eu Union is seeking to grasp the extent to that crypto is involved in funding terrorist teams, and probably to decrease the namelessness of cryptocurrency transactions the maximum amount as attainable.

Source: Cointelegraph
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Bloomberg Adds Ethereum, Ripple and Litecoin to Their Terminal - Johntechservice

Bloomberg Adds Ethereum, Ripple and Litecoin to Their Terminal as they Boom.



Ripple (XRP) has hit Brobdingnagian new incomparable highs because the altcoin joins Ethereum (ETH) and Litecoin (LTC) in debuting on Bloomberg Terminals.

News that Bloomberg had adscititious the 3 cryptocurrency assets to its benchmark value hunter sent XRP soaring to nearly $0.90 per coin - a rise of virtually three hundred p.c in only 3 days.

The publication’s journalist liliaceous plant Katz confirmed the additions weekday.

This week has seen altcoins broadly speaking return to form after many weeks of intense capitalist attention on Bitcoin, that additionallyhit new incomparable highs Friday of virtually $17,900.

ETH and LTC have surpassed short-run expectations in recent days, rising to on top of $750 and $300 severally.

Bloomberg Adds Ethereum, Ripple and Litecoin

READ ALSO: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash Price Analysis December 2017


In addition, Dash nearly claimed the $1,000 tag before correcting down towards $900, all assets following within the steps of Monero, thatsuddenly rallied to a few times its value over the past period.

Markets square measure possible set to check more flux into and out of Bitcoin over the approaching weeks as a number of onerousforks create their debut, investors keen to access duplicate balances tradeable on exchanges.

Super Bitcoin control its network snap in the week, whereas Bitcoin noble metal, Bitcoin God and Bitcoin money and are attributable todo thus before the top of the year.

Bitcoin Silver and Bitcoin metallic element are planned, whereas Bitcoin Diamond futures square measure already being caterpillar-tracked on Coinmarketcap.
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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash Price Analysis December 2017 - Johntechservice

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash December Price Analysis 

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash Price Analysis December 2017


Bitcoin futures area unit a reality. will we tend to before long see Bitcoin ETFs as well? Why not? A Bitcoin ETF can facilitate the plenty, and therefore the institutional investors take a foothold within the new plus category. the extra scrutiny and therefore the rules that keep company with these new offerings will boost the arrogance in cryptocurrencies.

Now, even political heads area unit warning that this industry could also be on its reply.

However, whereas these developments area unit positive for the longer term of bitcoins and altcoins, it's still progressing to be a roller coaster ride to the ultimate destination. Therefore, we tend to believe that borrowing cash to trade or mortgaging the house to take a position in bitcoins isn't an honest strategy.

RECOMMENDED:Bitcoin Price Exceeds $9,500


While the long-run mechanical phenomenon could also be up, the intermittent falls are steep and may cause lots of pain to those whoarea unit card-playing the house to change cryptocurrencies. Therefore, solely trade with the cash that you just will afford to lose and trade safely.

After the sharp rally, Ripple is back to the fourth find time for terms of market capitalisation. as a result of the frequent changes within thepositioning of the highest seven cryptocurrencies, we've got set to incorporate all the seven in our analysis to learn our readers.

After the large run, the traders area unit taking an occasion, that could be a healthy sign. If the digital currency consolidates close to the time period highs, likelihood is that that the bulls can once more conceive to jailbreak of $16,700.

If palmy, Bitcoin can resume its uptrend and move towards its pattern target of $24,291.58.

On the opposite hand, a failure to sustain higher than the highs is probably going to encourage the bears, UN agency can push the virtual currency towards the 20-day EMA.

At this levels, we tend to don’t notice any engaging setup, hence, we tend to don't advocate any trade thereon straight away.

ETH/USDEthereum skint through our target objective of $652 and rose to a high of $784.77. that's a pointy rally of eighty nine at intervals seven days.

ETHEREUM PRICE ANALYSIS


Currently, the digital currency has fashioned a Doji holder pattern, that shows fatigue.

We expect the cryptocurrency to pullback to $643.52 and $599.89, that area unit thirty eight.2% and five hundredth Fibonacci retracement levels of the rally.

The next trade originated can type once the pullback ends or if Ethereum breaks dead set time period highs yet again. Until then, we tend to shall wait.

BCH/USDWe had counseled an extended position on Bitcoin money at $1500 in our previous analysis. Our target objective of $1750 has been exceeded.

BCH price analysis December 2017


While the digital currency skint out of the higher finish of the vary, it couldn't sustain the upper levels. Therefore, traders will book five hundredth profits at this levels and lift the stop loss to breakeven on the remaining position. If Bitcoin money will sustain higher than the higher finish of the vary, it's possible to rally towards its next target objective of $2387.

If the bulls manage to interrupt out of $2387, then a retest of the highs is additionally attainable. Traders ought to book complete profits if the digital currency manages to achieve $2700 levels.

However, if the bulls fail to sustain higher than $1758, the virtual currency can stay vary certain.

XRP/USDRipple is skyrocketing when breaking out of the long-run consolidation. It had kicked off an identical rally in end-April to mid-May of this year.

XRP Price Analysis December 2017


The pattern target on the jailbreak of the vary of $0.12700 to $0.39887 was $0.67074. The digital currency has already up higher than its minimum target objective.

We believe that Ripple can currently face goodly resistance at the $0.86 mark. Therefore, traders UN agency area unit long from lower levels ought to book partial profits at this levels and hold the remainder with an acceptable stop-loss.

RECOMMENDED: Bank of India (RBI) to Ban use of Bitcoin and Ethereum


We will be ready to draw support levels solely when the digital currency stops rising.

IOTA/USDWe were watching for a jailbreak of the pennant formation to initiate long positions. However, the digital currency skint down of the pattern, that could be a pessimistic development.

We, now, expect the bears to require hold of the chance and push the digital currency towards the 20-day EMA, that is near the five hundred Fibonacci retracement of the rally.

IOTA Price Analysis December 2017

Unless IOTA breaks out of the downtrend line, it'll stay harassed.


We shall sit up for the autumn to finish before recommending any recent long positions.

LTC/USD
In our previous analysis, we tend to had mentioned that the amount between $312 and $340 is probably going to act as a robustresistance which is what happened.

LTC Price Analysis December 2017


Litecoin started a pullback when reaching a high of $342.237.
The pullback has sturdy support at $243.86 and $213.473, that area unit thirty eight.2 p.c and fifty p.c Fibonacci retracement levels of the rally from $84.708 to $342.237.

After such a robust rally, we tend to might even see a amount of consolidation or correction. Therefore, we tend to don’t advise any recentlong positions at this levels.

DASH/USDDash skint out of the overhead resistance of $815 on Gregorian calendar month twelve. whereas we tend to had expected a fast rally to $979 levels, the up move is facing commerce higher than $900 levels.

DASH Price Analysis December 2017


If traders have purchased long positions supported our optimistic outlook within the previous analysis, please book five hundredth profits at this levels and lift the stop-loss on the remainder to $736.

The rally is wanting tired. Unless we tend to see a pointy up move at intervals a handful of days, likelihood is that that the digital currency can fall back below $815 yet again. Therefore, we tend to propose to cut back the chance.

However, on the side, if Dash breaks out of $979, it's possible to rally to $1199.01. Hence, we tend to area unit keeping five hundredthpositions open.

BTC/USDAccording to our previous analysis, for the past two days, the daily range in Bitcoin has shrunk.

BTC Price Analysis December 2017

Source: Cointelegrap
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27/11/2017

Bitcoin Price Exceeds $9,500

Bitcoin Price Exceeds $9,500


Bitcoin Price and value has massively increased this weekend with prices exceeding $9,500 on extremely strong volume.

It seems that the market rise to this point has been the result of increasing adoption among individuals, as well as hopes of institutional increases. The rise in Coinbase user accounts (nearly 125,000 per day), as well as the hope for futures trading from two Chicago-based markets (CME and CBOE), appear to be the driving factors in the recent jump.

ALSO READ: Bank of India (RBI) to Ban use of Bitcoin and Ethereum

Bitcoin Continues Running - Now Past $9,500

The market has been pushed by a number of critical news stories regarding the mainstream adoption of the cryptocurrency.

What will Bitcoin future Price Value Look Like?

As the market has continued to run, the fears of a bubble in Bitcoin price have continued. Nevertheless, many investors see a substantial future increase coming as institutional markets begin to open.

ALSO READ: Bitcoin Records 10 Percent Orders at Austria’s Yipbee - Johntechservice


Additionally, increasing stability within the Bitcoin network will likely produce greater levels of adoption, both as a store of value and as a payment network. New payment platforms and businesses willing to accept Bitcoin will move the market forward as well.

Source: Cointelegraph
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07/11/2017

Bank of India (RBI) to Ban use of Bitcoin and Ethereum

Bank of India bans bitcoin, ethereum, cryptocurrencies

India ’s central bank, Reserve Bank of India (RBI), has previously announced its plan to ban the use of virtual currencies as a form of payment across the country.

The central bank, however, has shown its support to Blockchain, which is the technology behind the cryptocurrencies.

ALSO READ: Bitcoin, Litecoin Exchange Platform Currently Under DDOS Attack

At a conference held in Mumbai, India on Nov. 6, 2017, RBI executive director, S Ganesh Kumar, has hinted that the digital currencies such as Bitcoin and Ethereum will not be allowed to be legally used across the country.

“Our current position on Bitcoins is that we will not be using it for any payments and settlements…though the technology underlying cryptocurrencies will not end.”

Positive outlook on Blockchain technology
Despite SBI’s rejection of the cryptocurrencies, the central bank seems to see significant promise in the technology used to power the digital currencies called Blockchain.

 In his comments, Kumar has stated that the technology showed great potential in the financial sector.

As a proof of Blockchain’s great promise,
several banks in India such as ICICI Bank, Kotak Mahindra Bank and Axis Bank are already using Blockchain in such applications as overseas transactions and international remittances.

India’s existing digital currency market


The cryptocurrency market in India accounts for just a very small portion of the country’s financial sector.

Digital currencies are mainly used as an investment option. The leading virtual currency Bitcoin is accepted as a form of payment at only a few restaurants, and several cryptocurrency exchanges allow users to use the digital currencies as payments for books or movie tickets.
However, the possible ban of the digital currencies in India has displeased the players in the country’s virtual currency trade. According to Bitcoin exchange Zebpay cofounder Sandeep Goenka, they will try to educate the government about the cryptocurrencies.

Source: Cointelegraph
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21/06/2017

Bitcoin Records 10 Percent Orders at Austria’s Yipbee - Johntechservice

An Austrian startup now receives 10 percent of its orders in Bitcoin by letting private consumers purchase goods from industry wholesalers Yipbee 


Bitcoin Accounts for 10 Percent of Orders at Austria’s Yipbee

Client base increases and a 15-20 percent monthly growth have peaked investor interest, with the business expanding into Eastern Europe over the next year.

Yipbee this month, announced an investment round worth a suspected minimum of €1 mln, offers payments in euros and Bitcoin via BitPay.

Client base increases and a 15-20 percent monthly growth have peaked investor interest, with the business expanding into Eastern Europe over the next year.

“In March we turned a net profit and are growing 15-20% every month,” Founder Umut Kivrak told German publication Gruenderszene, which reported on the investment.

Yipbee is a still relatively rare example of a more “mainstream” service operating in Europe recording a healthy turnover in the virtual currency.

Kivrak continued that he “noticed quite quickly” that there was a “relatively large group” of potential clients interested in using Bitcoin as a currency over an investment tool.

Last month, major online retailer Alza, based in the Czech Republic, began accepting Bitcoin payments across its network.

BitPay is used, as is common practice among businesses experimenting with cryptocurrency payments, to convert order totals directly to euros.

Visit this link for More Bitcoin News http://www.johntechservice.com.ng/search/label/bitcoin news
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08/06/2017

Bitcoin, Litecoin Exchange Platform Currently Under DDOS Attack

BTC-E announced tweeted on June 6, 2017 about their system overload experience. Due to that, Bitcoin/Litecoin exchange platform has been experiencing an usually slowdown in its Bitcoin network system causing delay in confirming the transactions.



BTC-E Consecutive DDOS Attacks Report


BTC-E company the next day at 5:04 am, the revealed in a follow up tweet announcement that it is under a DDOS attack.

This was most likely due to the congestion that the network received when the there was an overload in the system. Naturally, a lot of BTC-E consumers did not react well to the news as this news was received with a lot of negative feedback from the followers. So far, no news has been made as to whether or not the problem has been fixed or not as BTC-E hasn’t made any follow up tweets after the last one.

With regard to the most recent case, followers and investors are still waiting for a response of BTC-E regarding this incident. These two incidents illustrate that the Bitcoin network system is still quite unstable with regard to ability to process information.

Such incident is not new as the platform experienced a similar back in January 2017 wherein the platform went offline for several hours because of a DDOS attack.

The site was offline for an estimated four hours which sparked a lot of negative feedback from the followers of BTC-E. This incident was due to a sharp increase in the Bitcoin prices in both the CNY and USD markets. On the same month in 2016 , the platform also experienced a similar attack caused the operations for several hours.

Security concerns


When dealing with currency and money, security is a top priority because people’s money is in the system. Without a proper security system that can ensure the safety of the people’s money, companies such as BTC-E may receive a lot of backlash not only from investors but also organizations and institutes that regulate this sector.

It is for this reason that security is extremely important in these types of platforms.

Source: Cointelegraph
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02/06/2017

Greek Lawyer Tops Financial Times Legal Innovators in Europe List

Financial Times’ list of top legal innovators in Europe has been released and a Greek lawyer has made the list for his use of Bitcoin during the country’s financial crisis.



"Panos Giannissis came second on a list of eight finalists shortlisted by the publication, which praised his use of the virtual currency when capital controls appeared in Greece two years ago."

Panos Giannissis last year,helped clients to stay in business by converting some of their working capital to Bitcoin, the virtual currency, when capital controls were imposed during the Greek financial crisis.

“After the Capital Controls were imposed, the deal was activated and his clients continued to receive their supplies as usually, while their suppliers were covered by the Bitcoin collateral.”

“...He negotiated a deal with his clients’ suppliers from abroad to accept Bitcoin as collateral to back importation of supplies in case his clients would not be able to make payments in fiat money,” an accompanying press release further explains.

Source: Cointelegraph
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01/06/2017

Bitcoin Recorded More USD Gain in May Than ‘Gox Month’ November 2013

Bitcoin recorded over $960 last month which is it's highest USD growth ever achieved.


Bitcoin Gained More USD in May Than ‘Gox Month’ November 2013

The timing of price activity was crucial, it could be argued. At the start of the last week in May, Bitcoin suddenly declined to below $2,000, losing more than $1,000 of its peak value in 24 hours.

Since then, a correction has been underway, with one coin worth around $2,300 as the clock ticked over into June.

Despite volatility and a slump at the end of the month, May beat out November 2013 to become Bitcoin’s most successful month in dollars. That month, at the height of Mt. Gox’s fame, Bitcoin climbed $860, data reported on Reddit shows.

However, the action pales in comparison to that witnessed by the Ethereum (ETH) camp. A price of around $78 at the start of May ended up as $220 one month later, despite altcoin rising and falling in line with Bitcoin towards the end of the monitoring period.

according to data from Coinmarketcap, four weeks ago, bitcoin prices stood at around $1,360.

Source: Cointelegraph
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30/05/2017

Ethereum Current Price Analysis

 Ethereum’s price fall of more than 50 percent is said to be caused by Large-volume speculation. Now the question everyone is asking is these " Is the price going to fall again?".


Ethereum price analysis 2017

USDT/ETH
Profitable situation for the bears


Recently, over 80 companies have joined the Enterprise Ethereum Alliance (EEA) and this is definitely good news for the Ethereum community. Many understand this and expect a consequent reaction in the price. But news cannot be a decisive factor in trends. That is exactly because the current situation is profitable for the people looking to take their profits. The large volume of buy deals at the peak of the trend is a great opportunity for big sell deals.

Ethereum analysis 2017


Ethereum Long-term Downward Rebound


Ethereum price has rebounded from the $100 area, given that a long-term reversal has not yet taken place. The entire fall can be considered a correction towards the entire upward trend from $6. The long-term uptrend has ended, which can result in a protracted flat. In regards to the current growth from $97, we can point to a level near $132, where the highest demand is present. Given a new fall, Ethereum price is likely to stop at that resistance line. If a downward reversal doesn’t take place, further growth will have better chances.


Source: Cointelegraph
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24/05/2017

Bitcoin Portfolio Protection Mandatory - CNBC

According to report which we received last week from CNBC, it says that investors should be looking into double assets to avoid US economic uncertainty and financial instability: overseas equities and digital gold Bitcoin .


Bitcoin Portfolio Protection Mandatory - CNBC

Boris Schlossberg of BK Asset Management recently at CNBC’s Trading Nation stated the need of maintaining Bitcoin in a portfolio as a mandatory asset to hedge against an inevitable global economic struggle.


More so, despite raising an important discussion point in regard to the rising adoption of Bitcoin as a safe haven asset, CNBC placed an emphasis on the rejection of the Winklevoss twins’ Bitcoin ETF COIN earlier this year, even though the market has completely recovered from the SEC’s decision after the realization that Bitcoin investors do not require another layer of regulatory intermediary to facilitate the trading of Bitcoin.

Also, at the time the SEC outlined that the lack of overseas regulation on Bitcoin was the reason for its rejection when it clearly was not the case. Countries including China, Japan, the Philippines and South Korea have tighter Know Your Customer (KYC) and Anti-Money Laundering (AML) policies set in place.

 “CNBC Associate Producer Rebecca Ungarino noted that "Bitcoin, prone to frequent fickle swings in value given its unregulated nature, has soared to all-time highs this year as the currency has become more widely accepted as a form of payment. Still, the Securities and Exchange Commission earlier this year rejected a proposed bitcoin exchange-traded fund,” 
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17/05/2017

Ripple Surpass Ethereum Market Cap As Devs Calm Market

Ripple’s market cap has doubled that of Ethereum’s as continued rapid growth sees the asset today’s only altcoin winner.


Ripple Doubles Ethereum Market Cap As Devs Calm Market

Its market cap is over $15 billion compared to Ethereum’s $8 billon.

After the fall of altcoin prices, Ripple is now worth over $0.40 per token, a rise of 39 percent in the 24 hours to press time and two times its value just three days ago.

While altcoin markets are notoriously changeable in the current climate, Bitcoin has recovered from last week’s negative press surrounding the WannaCry cyberattack to near
all-time highs seen previously.
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ShapeShift CEO Says Miners Are Not ‘Winning’ From High Fees

shapeshift ceo erik voorhees recently denied the claim that miners are “winning” from the increase in bitcoin network fees.


According to a post on Reddit,which says fees had increased to “40 percent” of the 12 BTC block reward, Voorhees said it was “narrow-minded” to think that miners were on top.

Three altcoins specifically have now activated Segregated Witness, with Litecoin set to join SysCoin and Vertcoin in facilitating layer two solutions including Lightning Network instant transactions in the near future.

Erik Voorhees said "If BTC price is reduced because of the scaling conflict then, high fees in blocks does not necessarily surpass losses from mining reward due to price suppression,”.

“It would be extremely short-sighted and foolish to block progress which enables Bitcoin to increase and become worth $10k+ per coin merely to get marginally more mining fees.”

So

“Miners are not "winning." While the impasse exists, everyone in Bitcoin is losing. Banks are winning,”

Source: cointelegraph
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14/05/2017

$10,000 Bitcoin Investment in 2010 Now Worth $200 Million, Gold $9,900 - Johntechservice

Bitcoin and gold are considered prominent stores of value and safe haven assets. However, over the past seven years , one experienced a meteoric rise in terms of market cap, user base and value, while the other failed to live up to the expectations of its investors.



StockTwits, the world’s largest financial communications platform for the investing community, revealed one of its users’ growth chart comparing various currencies, bonds and assets. In it, a StockTwits user by the name of Charlie Bilello noted that a $10,000 investment in Bitcoin made in July 2010 would have earned investors a $200 mln return. This revelation was made known as of May 13, 2017.

ALSO READ: INTCoin Next Generation Decentralized Currency to Be Launched

In contrast, a bitcoin investor who purchased $10,000 worth of gold in 2010 would have experienced a negative return of $9,981.


ALSO READ: Breadwallet Guide on Bitcoin $10,000 Bubble

This simply means an investor who purchased $10,000 worth of Bitcoin in 2010 would have earned $201.56 mln.

Also note that since July of 2010, Bitcoin has significantly outperformed the Japanese yen, Canadian dollar, Euro, Silver, Gold, US Dollar, bonds, global stocks, US real estate and US stocks.

Naturally, its decentralized nature, high liquidity and transportability began to appeal to a wide range of investors seeking for alternative assets to protect their wealth with a long-term investment.

In conclusion, Bitcoin’s ownership is evidently portrayed with the use of cryptography. Hence, Bitcoin can not be seized by a central entity because the Bitcoin network itself is decentralized and untouchable.
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13/05/2017

INTCoin Next Generation Decentralized Currency to Be Launched

A new digital currency named  INTCoin will soon be launched on June 7 by an international team of developers.


About INTCoin the Next Generation Decentralized Currency

INTCoin is said to be next generation decentralized Blockchain-based digital currency that takes advantage of the Blockchain technology's capabilities to provide full security and  anonymity for users, with 50 transactions per second being made.

ALSO READ: A Town in Washington DC Where Cannabis are Bought with Bitcoins

According to INTCoin developer, Alessio Evers "Privacy is one of the most significant qualities of digital currencies, but a lot of projects provide the solutions to non-existent problems and neglect this aspect," Evers said. "From our side, we think that user's private payment information has to remain private in all meanings."

INTCoin Key Advantage


One of the key advantages highlighted by INTCoin creators is its protocol AniNote, which, according to Evers, is an improvement on the CryptoNote protocol, which allows the creation of completely anonymous egalitarian . Monero, which has seen a rapid expansion in growth since its development, is one digital currency that uses CryptoNote - Dash is another. Monero is thought to be so popular within the digital currency space because it offers unique privacy features that make it completely anonymous and almost untraceable. 


However, by upgrading the ring signature within the CryptoNote protocol, AniNote eliminates the possibility of identifying a specific user.

Before the launch of the INTCoin currency, the team is undertaking three presale stages. Phase one has ended while phase two is due to end on May 13, which will see the start of phase three, finishing on June 5. At the time of writing, the total number of coins purchased amounts to 1,701,874.45 on the current exchange rate of 2,799 INT for 1 BTC.

During all presale periods, the team expects to sell about five mln coins with the presale money going toward the development of the technology to the point of release and team growth.

Source: Cointelegraph
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12/05/2017

Breadwallet Guide on Bitcoin $10,000 Bubble

Breadwallet recently came up with idea that Bitcoin is in a bubble and it is gaining traction advising users how to recognize it.



“There is a very real chance that the pattern from 2011, early 2013, and late 2013 is about to repeat,” the wallet provider writes referring to the classic S-shape pattern of Bitcoin price growth.

ALSO READ: London's Brexit Major Effect on FinTech TransferWise

“If this happens, you will get to witness the fourth official ‘Bitcoin bubble’ over the next few months.”

Bitcoins huge price rise in recent weeks already has commentators concerned that the floor could soon give way, with Breadwallet’s guide appearing as a subtle acknowledgment.

ALSO READ: Bitcoins Major Influencers - 2017

The guide states four aspects drawn from previous bubbles which it assumes will ring true should another occur.

Bitcoin major bull run has set a new all-time price high, mainstream media attention signals a run is “near the top,” and after a correction - no matter how huge - prices will “settle higher than the previous bubble’s top,” it continues.

Breadwallet predicts a maximum bubble price of $10,000 per coin this cycle.

This is great.
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22/04/2017

London's Brexit Major Effect on FinTech TransferWise

UK-based money exchange company, TransferWise Ltd. Co Founder Taavet Hinrikus recently in his speech which was released by Bloomberg Technology said, I quote “While we’re happily headquartered here in London, if I were setting up TransferWise today I would not choose London.”


Brexit

TransferWise thought about UK Brexit and its Impact


Brexit’s impact unknown
On the question of what impact Brexit will have on the broader money transfer business, a TransferWise spokesperson says:

“Two of the main benefits of being a part of Europe for a Fintech business are passporting but more importantly the free movement of talent. We have no idea yet what the impact of Brexit will be but losing those two things are critical for a Fintech business.”

ALSO READ: Bitcoin Price Rises to $1,200 Ealier Today

The free movement of talent across borders is indeed an issue that would need sorting out post-Brexit.

The Sunday Telegraph’s figures show that there has been a decline in the number of deals that were signed up by the tech industry post the June 23 referendum, with post-referendum deals coming in at 1,583 and pre-referendum at 2,426.

Despite the clouds of Brexit looming, British tech deals hit a high in 2016 according to GP Bullhound . Whether the growth in the tech sector can be maintained post-Brexit is an interesting question.
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18/04/2017

swissgolden.com : How to Buy Gold Bars from Swissgolden Cooporation

Swissgolden corporation is the company, the gold bars producer. It has been working for about 5 years now with more than 200,000 successful clients in 120 countries of the world. It has an online shop at www.swissgolden.com where clients can:


swissgolden online store

1.buy gold bars ranging from 1 to 100g bars. It has its own SG branded gold bars along side gold bars from other renown refiners and producers namely: argor-heraeus (switzerland), degussa (germany), valcambi (switzerland).

2. They can buy back any gold bar bought from them.

3. They can arrange safe keeping for your gold bars. At pro aurum in Germany or VIA MAT in Switzerland which are certified depositor , at 0.1% value of your gold per month.

4. They brokers arrange delivery of your gold bars via insured courier. Cost is around 55€ per delivery. Max quantity to be delivered depends on delivery location due to varying customs laws
Swissgolden holding is a group of companies under which they have:

1. Swissgolden corporation registered in the Virginia islands UK.

2. Golden trade establishment Ltd registered in the European Union last year and is responsible for the production of the SG branded gold bars. EU have issued them the licence to produce the bars.

3. Executive office have been moved from London to Stuttgart Germany and in charge of storages,logistics and mailing of gold bars to partners.

4. Honkong Swissgolden company registered in Hong Kong and responsibly for buying gold for production through gold brokers
5. Swissgolden franchises. This will be rolled out in 2017, where partners can have physical offices for marketing and sell of investment gold. In Nigeria 2 partners have been given the approval so we have the offices in portharcourt and Lagos.

The gold sold by Swissgolden is raw 24karats 999.9 . The highest purity of gold and the SG branded bars comes with special features to protect bullions from counterfeiting.
Swissgolden also have a debit master card and partners can order it at 20€. Card will be linked to your Swissgolden euro account.

How to Buy Gold Bars on Swissgolden.com


So a client who wants to buy gold can register at www.swissgolden.com ,verify account by submitting valid id and document to verify name and address then select gold bars and pay for the order OR if willing to participate in the bonus program, select the program of choice and pay your share for the other.

Swissgolden Bonus Plan


People save money in precious metals such as gold as they are products that hardly loose value. During the last 45years , gold prices increased in 40times and as such makes it inaccessible for majority of people.

The SG bonus plan makes gold bullions available and accessible to everyone willing to participate in the bonus plan. By helping to increase the company's turnover due to your referral, a partner gets 25% of the completed orders by 12 customers to purchase gold bars. The order can be 2400€,7000€,27500€ and 98000€ know as the start, main, vip and vip+ program of orders respectively.

Partners are expected to make a prepayment of 10% contribution toward order of their choice. Admin fee also applies too.

For each of the orders above, there is a preliminary order that cost less and enables ones to earn a bonus that will be used to pay for the main orders.

Please note. Compensations are paid from the company's turn over. So buy your gold and encourage others to do same. That way we generate the required turn over and get gold. 10% of every bonus is used to fund the leadership program which is another income stream in the business where you get paid whenever anyone in your structure gets paid.

More on Swissgolden.com Bonus plans


1. Start total earning is 1800euro. Prepayment(10%) is 180€+Admin fee 20€=200€.

You are expected to complete this table 3 times to complete the contract. Each time you close your table and qualify for earning you are paid 540€
The preliminary to the start is 65€+admin fee 10€=75€.

Complete your table once, qualify and earn 260euro,then 200€ is used to pay for the start order

2. Main order is 700€+40€ Admin fee=740€. 3 tables like the start. But each earning is 2100€ Preliminary to main is worth250€+30€ admin =280€, complete once and earn 1000€. Then 740€ is used to pay for main order (Note this order is currently at 700€+20€admin and 200€+20€ admin...but will soon be at above rates).

3. The vip contact is worth 2750euro+50euro admin fee=2800€. 3 tables per contact and on each qualification and completion you earn 8250€.

The preliminary to this order completed once is 1000€+50€ admin fee. The earning is 4000€ out of which 2800euro will be used to pay for the vip order Lastly.

4. Vip plus order, 9800€+50€ . 3 tables too and each earning is 29400€. The preliminary is 3500€+50€ admin fee. Close table once. Qualify and earn 14000euro. 9850euro is then used to pay for the vip plus table.

Change from preliminary tables are used to buy you gold bars You can choose to upgrade to any order of your choice.

You can have the 4 programs running simultaneously in one account.

Once you qualify and earn your gold. It will be placed in your storage within 4 to 14days based on the orders that closed your tables.

If you have your gold in your storage you can either

1. Keep in storage

2. Request delivery

3. Sell gold back to the company and they will pay the proceeds into your euro account.

Money in your SG euro account can either be:

1. Withdrawn into a bank or okpay or perfect money account(being worked on)
2 . Used to generate coupons and sold to new customers so they can use it to pay for their orders. You will be paid in your local currency in exchange for the coupon (sets of pin number to be applied during payment like our recharge card pin number).

3. You can fund your SG master card and use
Please. Take time to read through and let us know if you have any questions.

How the SG table works and the leadership program will be discussed in subsequent briefs.

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Bitcoin Price Rises to $1,200 Ealier Today


massive bitcoin price increase

Bitcoin price earlier today has risen again.It has passed the $1,200 line once again. As early as 04:00 am GMT it was being sold at $1,207.00. For the second time within a period of a month, Bitcoin price has reached the $1,200s but could but was not strong enough to hold its increase so it retreated back to the $1,100 region.




 I just hope it remains stable or increses more and more instead of reducing. What do you think?
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Bitcoins Major Influencers - 2017

Recently, reports shows that Russia Becomes Bitcoin’s Future Big Influencer Along With China, India.

 

bitcoin influencers 2017
cointelegraph

Commenting on the People’s Bank of China’s desire to create its own digital currency, analysts ExchangeRates wrote Tuesday that even its existence would “revolutionize the cryptocurrency universe and skyrocket its popularity and acceptability worldwide.”

However, traditional Bitcoin powerhouse China is ready to stage a comeback, while India and Russia’s emerging demand and hopeful regulatory future are already unleashing huge potential.

China, India and Russia increasingly look to become the major influencers in Bitcoin prices in the coming years.

In the midst of Japan’s decision to allow cryptocurrency as legal tender in a fully-regulated environment, Bitcoin is again breaking the $1,200 price point.

“China is a major importer and exporter of goods and services. A digital Renminbi can be a gateway for China to internationalize its currency, and offer it as a substitute to the US dollar,” it added. 

In terms of legislation, the Indian environment is on the surface even less certain than China’s.

Meanwhile, Russia’s increasingly soft stance on Bitcoin may see it legalized in 2018, subject to transaction monitoring in forms yet to be understood.

Nonetheless, looking forward, the vast potential of an underbanked, mobile-reliant populace suffering under five months of cash reforms means India is gearing up to find a reliable alternative for everyday wealth control.

Source: Cointelegraph
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