Bitcoin Forum

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Dear forum users!

We are pleased to present you eCoin.eu trading platform/system for buying/selling Bitcoin, Litecoin.
www.ecoin.eu

eCoin.eu is a trading platform/system for cryptocurrency like: Bitcoin and Litecoin with many advanced features including buy, sell and exchange.

Our advantage:
-advanced many functional security system;
-momentary input and output of the popular electronic currency and crypto currencies;
-low Commission on the input and output of electronic currencies;
-vauchery eCoin.

Trading with no commission 0%.
To earn this, to trade without commission, you need to enter www.ecoin.eu website and log in to your account and press the like button on the bottom of the website and you will get a commission-free trade for a week.

On the page of commission you can find all the available directions of input and commissions:
https://www.ecoin.eu/en/info/fees?type=fiat&c=hl

Contacts:
Write to us: http://www.ecoin.eu/en/support/index

Attention!
Posted on: 04/11/2017 19:29

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Please, keep in mind: ecoin.eu does not organize any kind of contests in the forums! Please be careful and do not participate in any kind of contests in forums, do not send your money to fake contests and accounts!

Note: We are working with money ONLY through the Trading platform ecoin.eu. We never offer to do transfers through forums or other websites! We use forums or other websites only for the purpose of sharing information. If you notice any offers within the framework of the forums to make money transfers, doing it not officially through the ecoin.eu website, please immediately report to ecoin.eu support!

Read more: https://www.ecoin.eu/en/news/article/641/ecoin_does_not_organize_any_kind_of_contests_in_the_forums/

Is eCoin.eu safe to use?

See more: https://www.ecoin.eu/en/support/faq
 (https://www.ecoin.eu/en/support/faq)
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We refresh the window of confirmation of bet.
Now, if your bet causes activation of more than one order, you can see information about each of the orders.

Greetings,
eCoin.eu

We have got a new safety feature.

The list of recent entries is included in the personal account.
On this page you can see the history of logging into your personal account for 6 months.

Greetings,
eCoin.eu

www.ecoin.eu

Specific character of the cryptocurrency investments!
Cryptocurrency is a new, modern kind of currency. In general the functions of most of cryptocurrencies are similar like, for example, euro or US dollar, but with some important differences...
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Read the full article here: https://www.ecoin.eu/en/news/article/663/Cryptocurrency-Bitcoin-Litecoin-Ethereum-investment/ (https://www.ecoin.eu/en/news/article/663/Cryptocurrency-Bitcoin-Litecoin-Ethereum-investment/)

We are pleased to present a form of trading 2.0

1) The problem, which existed when you wanted to sell Bitcoin / Litecoin, and randomly indicated the price which was much cheaper in comparison with the rate at the moment and sold at the price which was specified, was solved.

Now you if you make a mistake in the rate of Bitcoin / Litecoin, you can still sell at the highest price in the place where the active stock exchange offers are visible. (When buying such a problem did not exist)


2) Now if you in the place where the active stock exchange offers are visible click any rate, say 5 bet on, in the form of trading you will see in detail how much and at what price your order will functionate.

Greetings,
eCoin.eu

See more: www.ecoin.eu

Bitcoin Can Probably Make It But 90% Of The Altcoins Won’t!

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The Altcoins are springing up on a daily basis, and people might have observed that they regularly appear on the lists of the CoinMarketCap. On the other hand, Ethereum Classic’s Charles Hoskinson foresees that about 90% of the Altcoin that will possibly end its career right on the near and approaching future.

And to be fully certain of the sustainability of the cryptocurrency Charles Hoskinson believes that the Treasury Mechanic measures must be taken sincerely. And in these recent times, there are several Altcoins which have come in the very situation of examination due for employing the pump and dump strategies just to be capable of swindling their holders. For a mere example is the CageCoin which recently rose by 31,000 percentage points but suddenly knocked down just within the 24 hours. The fact that it is relatively essential that the community members fully endure the necessary due to diligence upon investing in any single coin. And this is critical at the moment when the digital currency is scaling and convincing sceptics as well, and it is not a nine-day wonder but has in actual fact of staying.

Right on a divergent circumstance, Charles Hoskinson holds they view that the Bitcoin is not in the variant of the unsustainable coins and the strength of every single currency right in its communities, not its technology per se. And he elaborates that the technology can incentivize more community to come but it fully cannot be able to replace it. The Bitcoin has the well-established community of all of the cryptocurrencies and at the very same time the most resilient. The mere fact that it has survived for over the billion dollars of theft, plus the dozens of death declarations and exchange failures together with several so-called leaders who are trying to hijack to project and the founder leaving. And it is completely astonishing that the Bitcoin has endured and flourished. Furthermore, I do not really deem that the Bitcoin is going to die. To a certain extent, the better question is where it will stop. Beyond doubt, it is the only thing for all of the currencies in which includes the US Dollar. And it is merely strong for the reason that the people accept and take it for the goods and the services. And picture that if they unexpectedly stopped, the dollar would be in dilemma.

Hoskinson states that he does not really think that the Bitcoin is going to die. And to a certain extent, the better question is where it will stop. He also claims that it will either become as a universal payment system or just as simply as a digital gold standard that stores and keep value. And alongside with the standard of measurement enhancing promptly with the infrastructures similarly to the ATMs, debit and credit cards, and there are hundreds of thousands of the merchants, it is quite difficult to dispute. Numerous of the contractors right in the Eastern Europe are now doing the dev work for the Bitcoin and the fact that it is quite known in Ukraine.

Read More: www.ecoin.eu (http://www.ecoin.eu)

It Is All About Litecoin

What is Litecoin?

Litecoin is peer-to-peer or P2P internet currency that facilitates instant; and the close to zero cost of payments to every single person who’s making its transaction at anytime and anywhere in the entire world.

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And Litecoin is an open source, a global payment network that is fully decentralized without having any central authorities. The mathematics sheltered the network and at the same time empowers individuals to take control of their very own finances. Litecoin features a quick and reliable transaction confirmation times and also improved storage efficiency than the leading math-based currency. Together with the strong industry that fully supports, the trade quantity and also the liquidity and Litecoin is a proven medium of the commerce harmonizing to the Bitcoin.

How has Litecoin ever started? Litecoin was released utilizing an open-source client on the GitHub on the 7th of October year 2011 by Charles Lee which is a former Google employee. And it was a fork of the Bitcoin-Qt client in which differing primarily by having a decreased block generation duration period and increased the maximum count of coins, then a different hashing algorithm with the script instead of SHA-256, and lastly with a slightly modified GUI.

And during the month of November in the year 2013 in which the aggregate value of the Litecoin experience an immense growth that covers a 100% leap that happens just within 24 hours. Right after then, Litecoin has reached up to $1 billion MarketCap right in the same month of November year 2013. And as of February this year its market capitalization is at over the summation of $136,512,971 US Dollars together with the price of $3 levels. And then Litecoin version 0.8.5.1 was released in November year of 2013; in which the release include the fixing right for the vulnerabilities and also added a well-improved security right to the Litecoin network.

How the Litecoin development goes? As the Litecoin developer team has released the version 0.8.6.1 in earlier of December of the year 2013. And the new version has offered a 20x reduction right in the transaction fees; along with the other security and the performance upgrading right in the client and the network as well. The source code and also the binaries were being released early to the people in the “#Litecoin” right in the IRC channel and on the official Litecoin forums, and on the Reddit, together with the information for the power users to be able to add a Litecoin super mode right in the configuration file, while the main site was to be updated right after enough of the network was running the new version. And this particular release method was being used to be able to ensure that the small fees of transaction right from the version 0.8.6.1 clients would not be delayed by the customers running the older versions. And in April of the year 2014, a new version of the Litecoin was released with the version 0.8.7.1 in which has fixed some of the minor issues along with important fix associated right to the Heartbleed security bug.

What are the differences of Litecoin from the Bitcoin? The Litecoin Network aims to be able to process a block with every 2.5 minutes rather than the Bitcoin’s 10 minutes in which the developers claim allocates right for a quick and easy transaction confirmation. And a drawback is a higher possibility of orphaned blocks. The advantages can therefore include a greater resistance right to a double spending attack over the same duration period as the Bitcoin. However, a total work that is done is a consideration. Just for an example was if the Litecoin Network has comparatively ten times less computing work done per block than the Bitcoin Network, then the Bitcoin confirmation is around 10 times harder to reverse even though that the Litecoin Network is similarly to add confirmation blocks at a rate four times more rapidly.

The Litecoin uses a scrypt right in its proof-of-work algorithm together with a following memory-hard function requiring asymptotically in which are having more memory than an algorithm in which is not a memory-hard. And the Litecoin Network will be able to produce up to the summation of over 84 million Litecoins or four times as several currency units as will be issued by the Bitcoin Network.

Read More: www.ecoin.eu (http://www.ecoin.eu)

We have again update!

Now you will receive a notice on the page of the trading triggered rates. If your bid is triggered, a window will appear in which the information about the triggered rates will be shown.
You will miss no transaction.

Greetings,
eCoin.eu

And again we have a new feature in the place where the active stock exchange offers are visible!

Now you will see your rates in the place where the active stock exchange offers are visible, marked by the arrow, and you can quickly find your bet.

Attention, in the place where the active stock exchange offers are visible, there are displayed only 30 orders for which there is the most favorable rate. The rest of the orders are below, and you will see no arrows on them until they rise to the top.

Greetings,
eCoin.eu

Special offer: AdvCash USD withdrawal commission 0% + 1% bonus

At the moment, AdvCash USD withdrawal is available with 0% commission! And that is not the only good news, in addition to 0% commission we give 1% bonus! Make the best use of the present moment!

Read More: www.ecoin.eu (http://www.ecoin.eu)

We are pleased to present API ver. 2.0. The description of API is available to the public without registration:
https://www.ecoin.eu/en/info/api?c=hl

The private API functions are available in your personal account:
https://www.ecoin.eu/en/account/login?c=hl

Greetings,
eCoin.eu

How fast are deposits on eCoin.eu?

See more: https://www.ecoin.eu/en/support/faq/ (https://www.ecoin.eu/en/support/faq/)

Our stock exchange has a new partner !!!

Good news for the customers of www.eCoin.eu! From now on, all the customers of eCoin.eu can exchange, sell or buy eCoin codes on www.xmlgold.eu e-currency exchanger, which is cooperating with us and is trustworthy.

www.xmlgold.eu officially gives out a MasterCard, and with the presence of XMLGOLD Prepaid MasterCard you can transfer money from your balance on the card to eCoin.eu MasterCard, and withdraw cash from ATMs worldwide, or pay for your purchases.

How fast withdrawal is processed?

See more: https://www.ecoin.eu/en/support/faq/ (https://www.ecoin.eu/en/support/faq/)

AstroPay Payment Option Added!

Good news for customers from South America, now customer from South America can pay with their local bank by bank link payment which is an instant, the countries which are connected to AstroPay are: Argentina, Brazil, Mexico, Chile, Colombia, Peru and Venezuela, More countries are about to come...

Must Know Right Before Investing In Altcoins…

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Charles Lee,the creator of the Litecoin, has said that most of the Altcoins have no innovation, instead of it they have feeble developers, deceitful marketing or even terrible incentives. And comingfrom in a series of tweets which targets at giving and reaching out his thoughts regarding the cryptocurrencies and how he assesses on upon or not to invest money into any single of Altcoins. As he mentioned that in order to stick out right from the crowd of the Altcoins, there are tons of coins that do a bunch of shady things similarly in making premises that are just even BS; plus there are several of the coins which are only solutions looking right for a problem or even just do not showcase enough innovation at all.

As of these days, there are gatheredalmost 1000 alternative currencies, as based with the CoinMaerketCap.com, only a few of themare being widely used. And the fact that there is a point of view that nearly and almost every single of them were being established and yet also created to fail right in the very first place. And Max Kordek, the CEO of the Lisk, has even said that the biggest oversight of the several creators is to get right to the very bottom of every single thing at once and also trying to execute dozens or even massive different features causing to neglect that even the project with a great vision have also some dilemmas. And a failure rate right for the regular startup is garnering a percentage of 90 in which is probably a way to big than the Blockchain industry in the very first place.

And it takes a long period of time to be able to establish the foundation for a good product, and then the design of a great UX right for hundreds of thousands of the users as to be expected. And there are several causes for which Altcoin market is considered as dangerous and highly competitive, hitherto, beneficial in a way. And also accumulating numerous of new features and tools makes a coin even more triumphant right in the room for the vast profits but at the very exact and same time, there is a similar quantity of risks at stake. And with the year still fresh andlooking somewhat promising, Charles Lee clarifies a quite number of the features that he seeks outfor his assessments. In which includes the innovations, a competent developer, honest marketing and also fair incentives. He also mentbring a lot of innovation and also at the same time as well was trying a lot of greater things just to be able enough to push their innovation.

Charles Lee has even said that without a strong team, there is a small chance that a certain coin will be able to pull it out and succeedin a long term. And when I saw some teams which are spending their resources on their marketing over the tech, I know that they are settling their priorities in the wrong place; he also emphasizes in his tweets that the strong teams he has viewed pertain with the Ethereum, Monero and the Decred. And the fact that he keeps away right from the premines, the instamines or even the ICOs as they are rewarding the developers excessively and he also considers that there are several white papers which arefilled with the technical terms that probably make no sense at all but just confuse the readers.

And without mentioning the Litecoin, he evaluates the Bitcoin, the Monero, and the Decred as the highest coins and citing that the Decred has spent a year span on doing their codes to be enhanced its consensus and also the governance system as well, and Monero which did not have a GUI wallet. And the Ethereum is close; he also said that the decision right into hardfork and turn back right on the “uncensorable transaction” dreadfully hurts. And the fact that he states that if you have something great in you, just work hard and success is right ahead of you. And if you do not, try to lure in with the people in their fancy marketing.

Read more: www.ecoin.eu

We are pleased to present the page of our partners. From all of our partners you can purchase vouchers eCoin.

Take a look: https://www.ecoin.eu/en/site/partners?c=hl

Note: We have changed our vouchers. Now, in the voucher we see the nominal value. Older vouchers are suitable for use without restrictions.

How fast eCoin processes deposits?

See more: https://www.ecoin.eu/en/support/faq/ (https://www.ecoin.eu/en/support/faq/)

Hallo!
0.001BTC is a generally accepted Bitcoin commission standard. It is not our invention.
Our advantage -trade without the commission!

Special offer! We are pleased to inform you that the output of Okpay has become available for 0%!!!

How fast is Bitcoin withdrawal?

See more: https://www.ecoin.eu/en/support/faq/ (https://www.ecoin.eu/en/support/faq/)

Security News.
Withdrawal of funds from the stock exchange, and the generation of vouchers eCoin, now take place through the confirmation in E-mail newsletters.

New security feature.

Information on your entrance in your account will be presented by your email. The letter will contain the information from what IP there was an entrance to your account. The letter will also contain a link, clicking on which you can immediately block your account. To restore access you will need to contact us, and after checking the access will be restored.

New security functions!

We did a protection code on the voucher eCoin.
You can specify the protection code on the voucher eCoin. It may consist of four characters: numbers, lower case letters, capital letters. (0-9, a-z, A-Z).
Protection code will not be displayed anywhere, and only you will know it.
This additional measure of protection ensures that your voucher eCoin, will not be able to be used by a third party, even if it gets the hold of your voucher. The voucher can be used only by you, or someone whom you have indicated the protection code.
You may not specify the protection code, and create vouchers as before without the protection code.
Attention to exchangers which accept vouchers eCoin. In the forms of reception of vouchers additionally add a field for code protection.

Do I have to get verified on eCoin.eu?

See more: https://www.ecoin.eu/en/support/faq/ (https://www.ecoin.eu/en/support/faq/)

The list of our partners: www.ecoin.eu/en/site/partners?c=hl

We are closed because of prevention until morning (31.01.2015)

From now on the customers from: Germany, Austria, Italy, Spain and France can pay using their online internet banking!
The option is available with our partner XMLGold, you need to enter their website www.xmlgold.eu and choose the Currency to sell: Online Bank Transfer to Currency to buy: eCoin.eu Code and follow the steps, the exchange is instant, wont take more than few minutes...After receiving the eCoin Code you can redeem it in your eCoin.eu account menu.

We are pleased to inform you that the output of Okpay has become available for 0%!!!

Perfect Money USD:
- Deposit Fee 0%
- Withdrawal Fee 2%

OKPAY Withdrawal Fee 2%
More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees updates

Perfect Money USD           OKPAY USD
- Deposit Fee 1%             - Deposit Fee 1%
- Withdrawal Fee 1%       - Withdrawal Fee 1%

More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees updates!

Perfect Money USD
- Deposit Fee 2%
- Withdrawal Fee 1%

OKPAY USD
- Deposit Fee 2%
- Withdrawal Fee 1%
More: http://www.ecoin.eu/en/info/fees?type=fiat

Tonight at midnight we are planning technical maintenance and the website will be offline for some time from 21:00  (19.03.2015)  to 05:00 (20.03.2015)(0 GMT)

Changes in the rate!

Perfect Money USD Withdrawal Fee is increased from 1% to 2%

http://www.ecoin.eu/en/info/fees?type=fiat

Perfect Money Deposit Fee is reduced from 2% to 1%!

More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees changes:

- Perfect Money Deposit Fee is increased from 1% to 2%
- Perfect Money Withdrawal Fee is reduced from 2% to 1%
- OKPAY Deposit Fee is reduced from 2% to 1%

More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees changes:
- Perfect Money USD Deposit Fee 1%
- Payeer USD Deposit Fee 2%
- Payeer USD Withdrawal Fee 1%
- WebMoney USD Withdrawal Fee 2%

Fees changes:

- Perfect Money Deposit Fee is reduced from 1% to 0.5%
- Perfect Money Withdrawal Fee is increased from 1% to 1.5%

More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees changes:

Payeer Depsoit Fee 3 %

More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees updates:

- Perfect Money Deposit Fee is increased from 0.5% to 1%
- Perfect Money Withdrawal Fee is reduced from 1.5% to 1%
- Payeer Deposit fee is increased from 3% to 5%

More: http://www.ecoin.eu/en/info/fees?type=fiat

We are pleased to inform you that at the moment the input of OKPAY USD, Perfect Money USD has become available for 0%!!!
More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees updates:

- Perfect Money Deposit Fee 1 %
- OKPAY Deposit Fee 1%

More: http://www.ecoin.eu/en/info/fees?type=fiat

We are pleased to inform you that at the moment the output of Payeer USD has become available for 0%!!!
More: http://www.ecoin.eu/en/info/fees?type=fiat

Payeer USD Withdrawal Fee is increased from 0 % to 2%

More: http://www.ecoin.eu/en/info/fees?type=fiat

Fees updates:

- Payeer USD Deposit Fee 2 %
 More: http://www.ecoin.eu/en/info/fees?type=fiat

From now on we have a small fee on Bitcoin and Litecoin trading 0.2% which applies to all members, ecoin.eu does not work in a beta mode anymore and one year has passed when we had no fees on trading.

anymore the ecoin has no benefits for users. besides when withdrawing you have to pay ten times higher thinking other services. also i am pşrotesting the site not warning the users for trading fees.

Nice trade platform but the fees are to big

Thank You for your comment! Fees undergo changes. Very often fees at our Trading Platform are 0%. I'm sure that our trading platform in general offers one of the lowest fees for sure at the market.

Beautiful and nice platform .......  withdrawal fees are high

Im new to this site and just want to know why others recommend me this exchange site other than the others. Well based on the previous post fees are high. Well for now I will browse more in the site.

well i dont know why others recommend , but i know why i dont recommend.because of withdrawal fees. it is ten times higher here than the others.2-3 weeks ago there was no fee for trading but now there is.

Look like my registration is wrong timing lol. If I registered a long time ago maybe I feel that no fee for trading. But anyways fees are ok to me as long as it is not that high. But for ten times? Hmmm.

no problem for trading fee . it was zero here , % 0.2 everywhere. now it is same % 0.2 like everywhere. the problem is the withdrawal fee : it is then and now 0.001 while it is 0.0001 mostly.

Ah I see. So there was an increase in withdrawal fee. 0.001 satoshis for withdrawal fee? It's really 10 times higher to other exchange site which is normally 0.0001.

no it has been always 0.001 .when there was no fee for trading ,the withdrawal fee was no problem.you might earn more than that but now it is not so certain.

atleast you can still earn something rather than begging and
i hope they reduce the fee or something so that more ppl will be encourage to
trade in their site

so after a few mins later i signed up in their website and browse
and saw the fees they are really high though maybe ill wait for some announcements
of the admin regarding their fees
anyways they have alot of option regarding their payment systems which is good

And by looking at their previous post, they always modify some fees. Well I know they will modify the withdrawal fees in the future. For now, just ride the wave.

yeah lets wait for some update / announcement by mr admin
as time pass by for now stay tune and stay frosty  ;D

They always giving us weekly updates so I will expect that this week or maybe next week they will have an another update even not regarding in fees.

hope they invent something quite useful or do a promo for us future customers that would be awesome :)

Thank You for your comment! Fees undergo changes.

Fees changes:

- OKPAY Withdrawal Fee is reduced from 1.5% to 1%

More: http://www.ecoin.eu/en/info/fees?type=fiat

so fees undergo changes maybe ill just wait for the right time to trade my litecoin
anyways ill recommend this site to some of my friend who are in to bitcoin trading :)

Special offer!!!

 We are pleased to inform you that the output of Payeer USD has become available for 0%!!!

 See more: www.ecoin.eu

Fees changes:

 - Perfect Money Withdrawal Fee is reduced from 3% to 2%
 More: http://www.ecoin.eu/en/info/fees?type=fiat

From now on you can withdraw your ecoin.eu balance to MasterCard for just 2% commission fee by selling/exchanging your ecoin.eu voucher code on xmlgold.eu and top up your existing XMLGold Prepaid MasterCard in USD, EUR or GBP, in case you do not have the XMLGold MasterCard yet, then you can order it now for 15 EUR with delivery included.

More: www.ecoin.eu

Looking forward for the rates to reduce to 1% :)

A new partner(WMGLOBUS.COM) is added to the shortlist of our partners!
 All of our existing partners and newly-added partners can be viewed here: http://www.ecoin.eu/en/site/partners

During the summer, we do not relax, we worked, and here are some new features in our Exchange.


Now Bitcoin and Litecoin wallets have become permanent and it is not necessary each time to re-establish an order and enter the amount of replenishment.
Now You can send coins to your personal address at any time.

Also, now with the help of our partners more than 30 types of input and output means are available for us. Many Russian banks and payment systems.
On these links you can see all the available methods of input and output via our partners and you can choose the most advantageous offer:

https://www.ecoin.eu/en/info/withdraw?c=hl
https://www.ecoin.eu/en/info/refill?c=hl

Google Authenticator

We have added one more step towards for the full security of your account.
We have now enabled the Google Authenticator.
You can use it to log in to your account to withdraw funds, and to change security settings.
We recommend using Google Authenticator to maximum, and use it for all of the above described actions.

https://www.ecoin.eu/en/account/security?sts=googleAuth

Today we are planning technical maintenance and the website will be offline for some time.

For how long? Please let us know the turn around of the maintenance so it would not keep us worried.

Will this be implemented today as well? I don't see it on the site at the moment.

Hey ecoin.eu

I'm trying to get intouch with you guys via ticket functions but it seems that your representative takes awhile to respond. Anyway, I'd like to ask if you'd be accepting payza anytime soon? Also, any promotions about fees especially with perfect money?

Is the google authenticator working well? It doesn't work well on my end.

It must already work.

At the moment we have not plans to work with payza. Possible in the future.
Yes we will have special fees offers quite often. Also with Perfect Money. Just need to follow news.

Make use of the moment while the Payeer USD withdrwal fee is still 0%!
More:http://www.ecoin.eu/en/info/fees?type=fiat

Use the tool offered by eCoin.eu - ARBITRAGE
And see the current situation at the largest Cryptocurrency Stock Exchanges:
https://www.ecoin.eu/en/arbitrage/index?c_btce=1&c_bitstamp=1&c_bitfinex=1&c_coinbase=1

We are pleased to inform you that you can now register and access your account through facebook. For maximum safety, we recommend that you use the dual authentication.

There is a second great news that is even better. Trading with no commission 0%. To earn this, to trade without commission, you need to enter www.ecoin.eu website and log in to your account and press the like button on the bottom of the website and you will get a commission-free trade for a week.

Perfect Money with 0.5%

At the moment, You can withdraw Perfect Money with 0.5% fee!!!
More: https://www.ecoin.eu/en/info/fees?type=fiat

Perfect Money USD Withdrawal Fee is increased from 0.5 % to 1%
More: http://www.ecoin.eu/en/info/fees?type=fiat

Instant Online Bank Transfer!
From now on all verified customers from Germany, Austria, France, Italy and Spain can deposit funds fast, almost instantly their eCoin.eu accounts with an Online Bank Transfer, it works just like the bank link payment in your country with your local bank account...

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Why it is time to take Bitcoin seriously

For years, in financial circles it has been considered that bitcoins are nothing but a stupid technological game, a miracle, a soap bubble.

But it is not quite so.

Today bitcoins are taken seriously and people (including the investors and governments) start paying attention to them.

Bitcoins become expensive very quickly. In the last six months their cost became twice higher. It is checked that in 2015, bitcoins are the most efficient currency in the world. Their price rose for 40%, from $310 to 434. According to the current course, the common cost of all bitcoins in the world is over 6 billion dollars...

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https://www.ecoin.eu/en/news/article/123?title=Why+it+is+time+to+take+Bitcoin+seriously

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Bitcoin showed itself better than marketable securities


The markets of securities, debt bonds and bonds have gone a good way in the last 6 years, after falling to the bottom in 2009. But it seems like “honeymoon” is coming to its end. The reducing of Chinese GDP as well as some other economic indicators triggered a domino effect regarding other world economics.

For the first time we started watching the effects of financial thaw in China in August 2015. From the beginning of the year we were witnessing constant reminders of how fragile the international security markets are, when the case is about the appearing of a bear market in China.

It is also connected with the concern about the healthy international trade because of the European Union that didn’t manage to get out of the recession of 2008. Even such countries like Russia and developing countries like Brazil literally fall into the trend of a negative growth of CDP.

The condition of the macroeconomics in 2016 seems not to be flourishing at all. It is worth expecting a few geopolitical events that will influence the common course and show their authoritative pressure. Even a variant of $10 for a barrel of oil will be possible. But all this is among the fears about deflation pressure and weak global economics that create even more panic than in 2008.

A neutral alternative that works
All basic world currencies have lost against the US dollar and among them the Canadian currency got the most cruel blow – loss of 16% cost. Many currencies of developing countries also were on the line, for example, Russian ruble lost 21% and Brazilian real – 30% of their cost. Bitcoin, a currency without borders that is managed by the mathematicians, has managed to overcome any other currency with its level of growth for 2015.

To 2030, Bitcoin may become the 6th largest currency in trading. The calculations show that banks and financial institutes are ready to spend at least 1 billion dollars for the development of the crypto-currency as well as its technology. Bitcoin attracts the attention of the sharks from Wall Street and we can make a conclusion that Bitcoin is under constant development and improvement and is definitely still alive. Bitcoin became the most productive accept of 2015, if not taking into account the market capitalization.

Why bitcoin?
Bitcoin’s main competitive advantage lies in the very small commissions, which makes it attractive for sellers and consumers. Bitcoins becomes a preferable currency for freelancers as it offers almost instant money transfers with a very small commission. Only a few cents will make your transaction confirmed and you will send any amount wherever you want.

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Bitcoin: Fastest, Reliable and Efficient

People nowadays want to have a quick and easy dealing with their everyday life basis. For an instance of this, a prompt of those along with a little bit of express of things; that eventually fulfills their adequate standard that brought them contentment and satisfaction on their daily lives.

At this moment, Bitcoin offers the not just the fastest means of currency exchanges, method of payments and process of transfers but also reliable and efficient at the exact same time. Bitcoin fits the life of those who are living in the fast lane, the travelers and tourists, and the people who have their businesses, and even those hectic scheduled citizens who only have on click or tap away from their computers and laptops and smartphones, ipad or tablets. Therefore, it truly evolves together with the technology as it develops each and every single day on the market of crypto-currencies

You can exchange currencies all over the globe; pay your utility bills (power and water), credit cards, insurance, cable channel provider, broadband, telecom and other desired payments and even tuition fees in some university that accepts Bitcoin as a scheme of payment; as well as transfer money all across nations; also load and refill your prepaid cards without going to the banks and any other establishments; along with paying commission for the exchange to do it so and furthermore. With just a click or a tap you can do all those things the easiest and the fastest way you could have ever imagined. In Bitcoin, you can also pay your payments or purchase something from the internet or even buy phone cards without cash on your pockets.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Gold Plunged and Bitcoin Arises

Who would have forgotten the statements mentioned by the Winklevoss Twins?

According to the Winklevoss Twins, as they have described the e-currency which is mainly the Bitcoin they have quoted it “as better than gold” as of for some reasons that it experiences ‘a lot less volatility’ and also is a better store of value at this moment. The twins allude to the Wall Street Journal on one of their stories published last May 2016; that describes how the virtual currency had been more stable than gold over the last several days.

Bitcoin has become the “digital gold”, which can reflect as the new age of the currency whose value cannot be driven away by the inflationary guiding principles under the supervision of the government. In May 2016 which the two have shown contradictory trends that affect the global trading and industry. Bitcoin’s worth have arises as far as it can go and gold goes to be declared dilapidated.
Gold has been viewed as safe and secure for an investment during periods of havoc and be apt to go during occasion of crises. As gold has acted as prevaricate against inflation and be inclined to the rise when governments follow an adequate expansions at the monetary policies.
Escalating interest levy may result the fall of the gold prices, for the reason that the money flows on the gold market to the treasures market. That results on lowering the demand of the gold ingots. Since then, the gold’s prices have fallen below $1, 200 an ounce, that have lost more than $100 with a month as the projection of US interest rate climbs.

ED and UBS Wealth Management, Wayne Gordon notifies Bloomberg on his interview:
“The key risk for me now is not whether they will hike once, but actually whether they will hike twice. As a house, we believe they will hike twice in September and December.”

China has an extremely strict capital controls which have lead to the weakening of Yuan. That resulted to the people to look for ways to transfer money out of China and Bitcoin was one of the biggest and trusted beneficiaries of this said incident that have cause of the Bitcoin price arise. Some Chinese investors have frequently shifted their money between asset variants as soon as possible which is aiming of a high return to them and Bitcoin seemed to be the flavor of the new era. The impending block reward halving (in July 2016) which will result in a lower supply of new bitcoins hitting the market has also contributed to the positive sentiment.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin: According to the Gemini’s of the E-Currency Trading Industry

Who are the Gemini’s? For those people who have not known who the Gemini twins are, here is some little sneak peak about them which make a clear out of your minds who really they are. They are the proprietors of Winklevoss Bitcoin Trust; brilliant minds behind the invention and rise of BitInstant; who launched the Winkdex in 2014 and Gemini in 2015.
During one of the interviews of the Winklevoss’, the twins had mentioned a statement that appraises the popularity altitude of one of the e-currencies which lies upon the name of Bitcoin.

According to the Winklevoss Twins, as they have described the e-currency which is mainly the Bitcoin they have quoted it “as better than gold” as of for some reasons that it experiences ‘a lot less volatility’ and also is a better store of value at this moment. The twins allude to the Wall Street Journal on one of their stories published last May 2016; that describes how the virtual currency had been more stable than gold over the last several days.

As one of the twins which named Tyler Winklevoss mentioned:
“So I think investors who have gold in their portfolio and other precious metals have started to look to Bitcoin as a better store of value. It’s got better characteristics than gold itself. So it’s actually better at being gold than gold. We are seeing investors recognize that and that’s what the idea would germinate into.”

In additional to his first testimonial, the licenses are regulated and there is compliance with exchange high capitalization, which is needed to be ensured.

The two co-founders of the Gemini Trust which have stated on one of their interview in the Bloomberg TV, that they see Bitcoin as digital gold or a better version of gold as a store assessment which reacts particularly in the circumstances in which where there is a crisis or when the people wants a safe haven for their assets.
The other one of the twins named, Cameron Winklevoss avowed:
“Historically, when there’s been a crisis, interest in Bitcoins and these types of assets increases naturally because of their fixed supply.”

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Pessimism Was Not Hindrance to Ascend from Its fall

Numerous of times that Bitcoin was proclaimed, dead… Somewhere in June 2011, Forbes magazine declared Bitcoin “dead” with the same year Gizmodo Australia followed in August. “Expired” that is what Wired magazine write ups on one of their pages in December 2012. Ouishare Magazine affirmed, "game over, bitcoin" in May 2013, consecutively New York Magazine have stated Bitcoin was "on its path to grave" in June 2013. “Obituary” in January 2014 was published for Bitcoin by Reuters. In February 2014, Street Insider declared Bitcoin “dead” and so do the others like The Weekly Standard in March 2014, Salon in March 2014, Vice News in March 2014, and Financial Times in September 2014. Bitcoin was "headed to the ash heap" as USA Today stated and "the end of bitcoin experiment" was declared by The Telegraph in January 2015. Lastly in January 2016, the former Bitcoin developer Mike Hearn called Bitcoin “failed project”.

On the obituaries paraphrase Mark Twain saying "reports of Bitcoin's death have been greatly exaggerated" Peter Greenhill, Director of E-Business Development for the Isle of Man, commented.

Not just numerous of deaths that Bitcoin have to deal with even the underestimations and judgments from the different sectors. In year 2013 and 2014, the European Banking Authority and the Financial Industry Regulatory Authority (FINRA), a United States self-regulatory organization, warned that investing in Bitcoins carries significant risks. Bloomberg named Bitcoin one of its worst investments of the year in 2014. On the other hand, Paul Krugman and Brad DeLong have initiated a slip Bitcoin questioning why it should act as a reasonably stable store of value or whether there is a floor on its value; while Bitcoin was criticized as "the final refutation of the efficient-market hypothesis" by John Quiggin, an economist.

Copious of negativity, underestimation and judgments that have been thrown over Bitcoin but it never stand as hindrance to ascend from its fall. Words, expressions and judgments that has been said, that they could never utter back. After all of it, Bitcoin strikes as hard as a thunder when it topped Bloomberg’s table of currencies in 2015. Even the PayPal President, David A. Marcus has stated on one of his interviews Bitcoin is a "great place to put assets". Moreover, Bill Gates, in relation to the cost of moving money from place to place in an interview for Bloomberg L.P. affirmed: "Bitcoin is exciting because it shows how cheap it can be." Forbes praised Bitcoin as “best investment of 2013 and for next years to come”.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Best Time for Bitcoin: Suspended ForEx in United Kingdom

A brisk downgrading and continuous falling off into the grid of the British currency has caused an outcome in the foreign exchange companies operating in United Kingdom which is likely reminiscent of Thomas Cook daunting margins and restrictions upon the sales of the foreign currencies. Despite of these fact, Bitcoin tender and offers a service an improved and an enhance means out for even an ordinary residents in the whole community.
To an ordinary citizen, there is a small group of options that he / she may seek to do regarding of his / her currency which is in the matter of a hasty fall off. As off the British Pound has break its record upon slumping off the ground and soaking low on its trading history, and for the very first time the British community have nothing to do but only gazed on submissively genuine and well dominant possessions mislay it worth value. The costing price of imported goods such like petroleum oil and other merchandise touchstone into the international souk but unlikely gold have increased worth regarding in the GBP and terms. In remedy of the situation, just to keep away from sustain fatalities, there are options and choices like an investment of buying and purchasing gold in exchange of selling their British pounds, next is either exchange their currency into foreign currencies such Euro and the United States dollars.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Take a Good Care of Your Wallet

There are tons of hackers all around the world. And also they are the reason why some businesses were going down to the ground. For example was one of the dominant and most popular trading platforms, Mt. Gox. Since Mt. Gox was one of the most popular its downfall remarks as one of the most unforgettable in the trading market industry.

“One of the largest bitcoin exchanges, Mt. Gox suspended withdrawals citing technical issues in early February 2014. At the end of the month Mt. Gox had filed for their bankruptcy protection in Japan with amid reports of 744, 000 bitcoins had been stolen. Mt, Gox had once been the dominant bitcoin exchange but its popularity had waned as users experienced difficulties withdrawing their funds.”
Recently, a shocking announcement from the CoinWallet.co which is one of the trading platform today which stating the closure of its platform primarily because it has e experienced a breached of data last April 6, 2016.
The company quoted: “This incident prompted us to reassess the viability of running coinwallet.co and it was decided it is just not viable taking into consideration the risk, costs and time involved.”

And for the record, it was the same hacker who has hacked and sells the data of more than 164 LinkedIn million users, more over 360 million e-mails and passwords of MySpace users, which have set the largest leaks of passwords in the entire World Wide Web history. Some of the other data that has been hacked was offered for sale online.
The next record of breaking in was the users of German service which may we have called the TeamViewer, their system allows the customers to log into their computers remotely. A report stated that someone had access a large amount of their valuable accounts such as e-mails, bank and even PayPal accounts.

Even hundreds of Spotify account credentials were not excluded to the hacks which substantiate the emails, usernames, passwords, account types and other details of the accounts were even posted at Pastebin.
This number of these incidents had alarmed the trading platforms in the world, which have aimed to tighten and heightened the security and had become a priority of safety. The two-factor authentication had been a great help. The method of strengthened a mechanism with another safety measures program which enables the watertight protection.

Read More: www.ecoin.eu (http://www.ecoin.eu)

How do it really begun?

The term “Bitcoin” which happened to be in the white paper, that defined Bitcoin published in 2008. Composite of the words bit and coin. The white paper often uses the shorter coin. Technically, there is no standardized of convention for bitcoin capitalization. Some sources may have used “Bitcoin”, capitalized, which is referring to the technology and network and “bitcoin” lowercase, which refers to the unit of account. Somehow, The Wall Street Journal, The Chronicle of Higher Education and the Oxford Dictionary, advocate the lowercase of bitcoin in all particular uses.

Satoshi Nakamoto was the name who has invented Bitcoin as digital asset and payment system and the one who have published the invention in October 31, 2008; in the research paper called “Bitcoin: A Peer-to-Peer Electronic Cash System”. And also the one who has released Bitcoin as open-source software on January 2009. The transaction takes place between users directly without an intermediary and the system is commonly peer-to-peer as it was being described. All the transactions are verified and recorded in a public distributed ledger that has being called the “blockchain” which have been using bitcoin as its unit of account. The system works without a central repository or even a single administrator, which is the main reason why the U.S. Treasury classified it as decentralized virtual currency. Bitcoin was frequently called as the “first cryptocurrency”. Even though the aforementioned systems do even exists and more appropriately depict as the “first decentralized digital currency”. Therefore, bitcoin was the largest of it variety in expressions of the total souk worth.

The reason why bitcoins are created because it serves as a reward for payment processing work in which the users offers their computing ability to validate and record the payments into a public ledger. The activity was called “mining” and the “miners” are rewarded with transaction fees and newly created bitcoins. By being acquired by mining, bitcoins are able to be exchange for other currencies, products and services. Upon sending bitcoins, the users can pay an optional transaction fee to the miners.

A programmer named Hal Finney was one of the first supporters, adopters, contributors to bitcoin and also the receiver of the very first bitcoin transaction. Finney has downloaded the bitcoin software the day it was been released and have receive 10 bitcoins from Nakamoto was the world’s first bitcoin transaction.
Wei Dai which is the creator of bitcoin predecessor b-money and Nick Szabo, the creator of bitcoin predecessor bit gold were the other early supporters of bitcoin.
An exploit in an early bitcoin client was found that allowed the numbers of bitcoins to be created in 2010 and the artificially created bitcoins were being removed and the other chain took over the bad chain. And in 2011, the other cryptocurrencies started to emerge based on the bitcoin’s open source code.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin Prices (Weekdays Edition) July 4 to 8, 2016
“Play Safe and Calm”

It’s a great day Monday, July 4, 2016 and it’s the United States of America’s Independence Day… Will 4th of July will be special day for the Bitcoin prices? Let’s find out what will be the journey of the weekdays edition of Bitcoin prices. To begin the day with the daily range looks promising in $650.089 to $695.194 with the daily change of $45.105 and a 24 hour turnover with $498631.774.

The next rolling of the Bitcoin price the daily range had dropped into $650.089 to $683.143 with the daily change that dipped into $33.054 which is causing the 24 hour turnover to $517202.561 rise in its own little way. After that, another falling went over again which sets the daily range with $650.089 to $679.874 and diminishes the daily change in the phase of $29.785 and so did the 24 hour turnover at $507539.273. Constantly the changing in the digits appears, as the daily range decreases again and lays at $650.089 to $681.760 although the daily range fallback the daily change step forward and stands for $31.671 and so did the 24 hour turnover as it took over and accelerates at $514917.808.

The evolution of prices continuous as the daily range increased in the numbers of $658.813 to $681.760 causing the daily change to have level down a bit in $22.947 but being the reason why the 24 hour turnover escalates at $517625.692. Then the rising were incessant leaving the daily range at $660.760 to $681.760 and setting the daily change to slump in $20.946 in which elevating the 24 hour turnover within $535431.719. Another day has gone by already, it is not that smooth at first but it did have a safe journey back and port.

The following day was Tuesday, July 5, 2016. And it is indeed pleasant as the morning breeze by the ocean as the sun shines the daily range find it spots at $668.046 to $684.308 with the daily change of $16.262 and a 24 hour turnover of $792966.151. For moments and period of times the daily range and the daily change held their heads up high as they were unbeatable, however, the 24 hour turnover bounces from here and there with $793875.091; $791720.313; $800963.046; $800408.176; $801398.147 and $804109.550.

The next escapade of the bitcoin prices gone for a while as it descends at $662.888 to $684.308 after a strong hold over there at the top. Then the daily change kicked in at $21.420 and also the 24 hour turnover with $795320.553. Afterwards the era of holding prevails again, in which the daily range and the daily change have rested the night away on the above mentioned numerical while the 24 hour turnover sways and dances the whole time at $792584.713; $792778.335; $790289.175; $781567.247 and lastly, $785628.008. Truly, the bitcoin prices were being held up for good and pretty much secure on its places.

It’s a Muslim holiday, as all across nations celebrates Eid Al-Fitr which is the end of the Ramadan (a month of fasting during daylight hours and solemnly gathering together the faith for Allah), July 6, 2016. The daily range lay down at $662.888 to the $680.976 with the daily change of $18.079 and a 24 hour turnover of $798905.767. The fact that it’s a non-working holiday almost at all places, the being of “safe and sound” period occurs as the daily range and also the daily change were stagnant and only the 24 hour turnover moves right there and scattered everywhere in the digits of the $801196.241; $801985.616; $797163.123; $799843.012 and also $798514.349.

Perhaps it only moves backwards when the changing takes place and position the daily range into $667.304 to $682.683 with the daily change that back down at $15.379 which has caused the 24 hour turnover to higher up a bit in the $791636.613. The Bitcoin prices today continue to play it safe again as it protects it core.

Everyone says when it’s Thursday that it is a throwback Thursday! Way on my throwback, last week’s Thursday the Bitcoin prices were sharply heading and moving forward and upward, will it be the same for this week? Let us check this out. Today’s daily range placed at $639.015 to $682.683 with its daily change of $43.668 and a 24 hour turnover of $747123.819. There are times that the daily range and the daily change wanted to stay still and be unbreakable as the 24 hour turnover keeps moving around and around at $752066.350; $746935.420; $747556.257 and $743659.231.

The next movement of the daily range it collapsed at $638.569 to $682.683 basis for the daily change to tower in $44.114 which leads the 24 hour turnover to break down in $742864.085. After one dropping of prices, it had been followed again by another plunge as it sets the daily range into $632.532 to the $682.683 in which roots the daily change to spiked in $50.515 and reduces the 24 hour turnover with $741571.346. At this moment, the daily range dwindled at $618.208 to $682.683 therefore the daily change topped in at $64.475 and the 24 hour turnover shrinks at $733279.790. In summation of the movements of bitcoin prices today, I may call it the “drop day”.

It's Friday yey! People used to utter “Thank God, It’s Friday!” and it is July 8, 2016. The daily range was at $616.364 to $675.532 with the daily change of $59.168 and a 24 hour turnover of $602071.278. The motion keeps on giving and hitting it hard as the daily range fell off at $616.364 to $648.778 that lessen the daily change into $32.414 and climbed up the 24 hour turnover at $651750.975. For a couple of hours the daily range and daily change were the same although the 24 hour turnover switches from $657341.981 and $656262.048.

There is a saying if you were down there is the only way but to go up! The daily range amplifies at $616.364 to $655.066 and the daily change does really elevate at $38.702 and also the 24 hour turnover boost up in $667474.903. Then followed by sweet arise in the daily range again at $616.364 to $656.501 so did the daily change have blazed in $40.137 and crazed the 24 hour turnover with $668973.636. Truly there is a rainbow after the rain when the daily range and the daily change settle and takes it rest but the 24 hour turnover shove its madness, as it plays onto the numbers and digits and numerical of $670611.182; $673629.254; $686579.920; $690202.003; $694331.146 and lastly at the $700567.878.
And this is how the journey of the Bitcoin prices has unfolded. There are ups and downs but the prices calmly embraced the change.

Read More: www.ecoin.eu (http://www.ecoin.eu)

 
Will Bitcoin Be The Next Cryptocurrency At Scotland?

Can the Brexit provide and be the cryptocurrency’s period for the Scottish citizens? Meanwhile, Willie Fleming of the Scotcoin Project makes a statement regarding to the issue.
The voting of the United Kingdom to leave the European Union awakes the history of the trading and stock market industry and has set a remarkable decision and move that involves a lot of nature. While Bitcoin skyrockets, which is reacting to the shrinking markets as self-assurance and poise in the European economy temporary chaos and have eventually fall of the grid for some time now.
In the intervening time, Scotland choose and vote to stay with the European Union, which was leading and speculating that the Scots will exit and leave the United Kingdom, despite the fact that it is not necessarily on adopting the euro as their mainframe currency. And this issue could lead to a major and primary situation and status for the cryptocurrency to take a solid and rigid root and basis in Scotland.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin Prices (Weekdays Edition) July 11 to 15, 2016 “Rise, Drop and Get Back!”

It is indeed play safe and calm as we may describe the last week’s weekdays’ edition of Bitcoin prices. And as it continuous to the weekend's’ edition it is stay the same and be secure like. Will this scenario keeps on tagging along on Bitcoin prices? Or will it change for the better?
What comes next was uncertain and what will be the future was unpredictable! Yet we are still here existing and making things happen and today is a pretty good Monday morning, July 11, 2016 and the Bitcoin prices was full of hope as it set its last price of this hour at $657.035 with its daily range that land into the digits of $642.921 to $662.274 with the daily change of $19.353 and the 24 hour turnover at $740837.193 gives hope that there will be a certain stability today. For several hours the daily range and the daily change hasn’t moved at any phase, while the last price and the 24 hour turnover were partners on moving around and round at the last price of $648.585 and its 24 hour turnover at $759897.702; next’s last price was $648.746 with the 24 hour turnover of $758957.848; followed by the last price of $648.131 with the 24 hour turnover of $756121.037; tailed by the last price of $647.757 together with the 24 hour turnover of $756565.843; then chased with the last price of $648.197 and join with the 24 hour turnover of $768061.580.

Finally, as the last price’s move the daily range has moved to a certain number as the last price was $646.871 that tags along with the elevation of the daily ranges at $644.100 to $662.274 that causes the daily change to roll down a bit at $18.174 while the 24 hour turnover rises at $764752.793. Then followed by the rising of the last price at $649.360 and so did the daily range at $644.663 to $662.274 that sends the daily change to decreased at $17.611 together with the 24 hour turnover at $759411.696. Another increasing of the last price occurs in the numbers of $649.410 together with the daily range as it touched down at $644.770 to $662.274 which eventually have diminishes the daily change at $17.504 and so do the 24 hour turnover too at $755952.891. The towering of the prices continuous as the last price lands at $649.675 that took the liberty of adjusting up the daily range with $645.618 to $662.274 that affects the daily change and fall down at $16.656 and leads the 24 hour turnover to arise at $758140.989. It is indeed a pretty good Monday to everyone and to the Bitcoin prices anyway...

Read More: www.ecoin.eu (http://www.ecoin.eu)

Do you have any other altcoin on your platform asides litecoin?

Hallo. No, we don't.

Bitcoin Prices (Weekends Edition) July 16 and 17, 2016 “On a High, Getting Low and Somehow Bouncing Back!”

It is truly wonderful weekdays had passed by. Though the Bitcoin price rise and dropped, it surely have get back right on its track as it rise in the occasion were it really belonged with. Now it is the weekends’ chance to show what they truly got to offer the patricians and also the investors and the potential group of people who are planning to invest and safety their cash upon Bitcoin.

Today it is a great day Saturday, and the sun shines so bright to light the day as the last price hit the mark price of $690.963 with the daily range of $662.030 to $690.102 and with the daily change of $28.072 and a 24 hour turnover of $864086.763. Right after this series of data, the last price may have fall a little in the space in the digits of $666.830 while the daily range elevates somehow in $662.030 going to $700.000 and also did the daily change have climbed in $37.970 and the 24 hour turnover have spiked in $871608.839.The next movement of the Bitcoin prices, the last price decreased again at $662.300 and the daily range have diminished in $660.715 to $700.000 but the daily change took the liberty to rise up in $39.285 while the 24 hour turnover have lessen into $804354.669. After this certain movement the daily range and the daily change went on the stagnant phase, while the last price and the 24 hour turnover have danced the night away as they swing back and off the grid, the last price took place in $661.556 while its 24 hour turnover was $801178.506; followed by the last price which sets in $662.880 and its 24 hour turnover of $841426.334; next is the last price was $664.440 and the 24 hour turnover was $844212.378; subsequently the last price took the position of $664.450 and its 24 hour turnover is $850583.945 and lastly, the last price lands in $664.720 and its 24 hour turnover was at $850583.945. Truthfully, this day is just one of those keep calm and stay the same phase. Just like the last week’s phase…

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin Prices (Weekdays Edition) July 18 to 22, 2016 “From the Moon and Back and Yet Some Fall Apart”

Mondays are the better day to start all over again, and Mondays are new beginnings to remind us that we are blessed for we have the chance to unfold another weekdays again.

It is indeed Monday morning, July 18, 2016 and it is a brand new week for every single creature in the whole wide world as the last price lands on $684.120 and the daily range have set in the numerical of $665.415 to $687.410 with the daily change of $21.995 and the 24 hour turnover of $987030.156. The few hours arrived and the last price hit low at $683.550 then the daily range upgraded at $667.378 to $687.410 causing the daily change to downgrade a bit in $20.032 while the 24 hour turnover spiked at $991346.073. Though the last price diminishes at $682.980, the daily range move up somehow in $667.770 to $687.410 while the daily change may have lessen it digits and touched down at $19.640 and so did the 24 hour turnover when it reached at $977384.979. Moments and hour had passed and the last price were seriously marking low at $682.260, but the daily range have climbing up at $670.800 to $687.410 which causes the daily change to dropped at $16.610 together with the 24 hour turnover at $976241.915. Before the night ends another decreasing in the last price went down at $676.801 and the daily range may have boost in for more at $676.783 to $687.410 that literally causes to melt down the daily change into $10.627 and followed by the 24 hour turnover at $972952.577...

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Small changes in the design of our website!
We have made the Bitcoin 24 hour exchange rate schedule more functional, to make it easier to keep track of Bitcoin exchange rate changes.
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Bitcoin Prices (Weekends Edition) July 23 and 24, 2016 “Stumble and fall, Getting Up and Standing Tall Again”

It is unpredictable in each and every movement. It may stumble and fall. Get up and stand tall again. But there is one thing that we are certain, that the Bitcoin prices were one of the most awaited in each and every single day. Enthusiast keeps an eye on every direction it points. Filling off the charts and lining up the graphs with the remarkable ups and downs.

It is a Saturday, moment of weekends. Time to get some refreshing flash, and when the that moment approaches last price marks at $650.870 and the daily range at $642.340 to $667.540 and the daily change of $25.200 and a 24 hour turnover of $672039.745. After couple of hours the last price elevated at $652.810 while the daily range were starting to drop at $642.340 to $665.796 and so did the daily change when it lessen in $23.456 after all the decreasing the 24 hour turnover rises at the moment at $683377.926. Few hours passed and the last price strikes high again at $654.802 but the daily range diminishes somehow at $642.340 to $664.475 and together with the daily change it also fall at $22.135 then followed by the 24 hour turnover as it slumped in $679177.220. Next thing the last price sets higher as it took place in $655.315, though the last price marks higher the daily range continues to stumble and fall as it crushed at $642.340 to $662.018, the sudden falling chased by the daily change as it sinks at $19.310 while the 24 hour turnover gets up from its fall as it reaches at $682930.610. After that certain movement the last prices shrink at $654.180 as trailed by the daily range as it experienced another episode of falling off the grid as it dumps at $642.340 to $657.000 then the daily change pursue dwindling as it drop off at $14.660 while the 24 hour turnover climbs at the $688181.559. But before the night ends, another set of circulation takes place when the last price declined at $652.700 while the daily range and the daily change choose to settle and rest as the 24 hour turnover hikes at $689602.714...

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Halving Affects the Miners’ Payout

A specific day to block reward halving, as the Hashflare has become one of the first Bitcoin mining companies in the industry to inform and notify their beloved miners that the proposed and anticipated reduction and diminution in the mining reward will certainly affect and distress their payout, even if it do not state by how much and figure.

In a message and statement impost via e-mail, the Hashflare stated and claims that “we would like and akin to remind and hark back all of you that this weekends the Bitcoin mining reward will be reduced and lessen by up to the percentage of 50. In regarding to this process and procedure, which is namely the halving, was a part and fraction of the Bitcoin system script that takes place and occurs on every 210 000 block produced. On the last halving was reportedly and recorded from the past four years ago and the block reward went down and under to 25 BTC from 50 BTC.”
“The said halving take place and occur on approximately 20:30 (UTC+3), which exactly means that the entire Bitcoin network will start getting a reduced and lessen mining reward. This will also be seen and reflected in the payout you will be receiving on Monday.”
This was the stage and part of getting prepared and bracing themselves. As the company says and told that its team has been getting ready and preparing for the certain event for a couple and months already and is recently and currently preparing, getting all nature ready and installing new and more energy-efficient SHA-256 hardware 6nt6 the5r system and program.

It also adds that “we are putting and generating tons of effort and endeavor coming from our side to keep and intact BTC mining profitable and lucrative. In the nearest and upcoming future we will be able and capable to reduce and less the cost and amount of the electricity, and lowering and descending the electricity fees and charges for the SHA-256 contacts and links and associates in HashFlare as a result and outcome. We work as hard as everybody else and get far as we can to make and take our service better and superior and we hope that our efforts and labors will make your cooperation and support with us more profitable and advantageous and yet also enjoyable and pleasurable.
The vagueness and ambiguity stayed and remains. The most of the miners are not sure and certain of what to expect and look forward on after the halving. Also, not many and several mining companies that so far had shown and revealed their identities and individualities or even explained and gave a statement of the dynamics of their operations and maneuvers.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Price of Bitcoin Stays within the Trading Range after the Halving

As the Bitcoin society and community celebrates and feast the second successful and overwhelming quadrennial block reward halving, the market participants and partaker seems to less and not as much of enthusiastic regarding the so-called event. The economics will trump speculation and assumption in the long run, but aimless and drifting precariousness and instability might be here to stay and keep for a while.

The Bitcoin halving was a decisive and influential yet a chronological event that upholds a significant and momentous meaning for almost every single person who’s been involved. It is yet one of the examples of Bitcoin’s pecuniary inevitability and inescapability, and also perfect juxtaposes the legacy and bequest system which has never been good and superior at following all the way through on promises and pledges. And now we are entering and inflowing the new era and period of time of Bitcoin. One in which the economics will reallocate and budge in dramatic and thespian ways and methodology and will accompany in fresh and newly dynamics and statement in Bitcoin markets.

Notwithstanding with the fact that the price has not yet mirrored and reflected these new realities which is mainly and chiefly for technical aspects and reasons, they will be priced and outlay sooner or later as the natural and normal market forces and drive will go to work. In anticipation and then, conversely, we are stuck and jammed trading the market we are given to.

The movements, trends and patterns and outline of the daily chart of the Bitstamp, below and underneath is being the best and finest view of the medium and average term technicalities and technical for the Bitcoin, and above all of the summation and speaking things stayed and remain comparatively and somewhat bullish. We can notice and observe that the $150 to $250 range was a lengthy and extensive term accrual and amassing range, the $350 to $450 was the initial and preliminary consolidation range, and right now at this very moment the market is putting in a pennant and an emblem which triangles the formation that tends and serves to be a bullish and buoyant pattern as a secondary consolidation range.

The Fibonacci analysis was confirming and guaranteeing this hypothesis and proposition as a support has been seen and noticed at the 50%, followed by 61.8%, and lastly the 78.6% levels and stages, which is telling us and unfolding to us that the buyers remain and stayed committed and persistent in as low as the $600’s range. Also observe and become aware that from the $700 going to $775 is a rather substantial an ample resistance area, even though the volume and count was saying that it is not as heavy and profound as would be expected and projected.

In additional from the statements above, the momentum and impetus still looks and figures to certain extent of week with Willy and RSI which is gradually and slowly moving stealthily lower and inferior, and MACD which remains and stays under and below the center and middle line, while the 9/18 EMA cross turns and twists to bearish once again. However, the A/D line (accumulation/distribution line) stays and remains strongly and firmly in an uptrend signaling and gesture demands at the current levels and stages, and the 200-day SMA were still and unbeatably moving and soaring higher intensively.

Over the close and near term, if the bullish and upbeat emblem pennant fails or fall short with around $620 right then we should be looking and come crossing at sub-$600 in the not so too distant future or outlook, and having said that the average and medium term view point and stance will keep on continuing to favor and errand the bulls.

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How to Get the Average and Standard People to Use Cryptocurrency

The Bitcoin was still and at a halt noticed and seen as the tech nerd’s game toy or a plaything to a certain extent than it is everyman’s and everybody’s money and currency. The four cryptocurrency and digital currency adoption and acceptance experts and professionals share and told their tips, guidelines, tricks and actions on how to bring and showcase crypto to the average and standard people or citizen of every nation.

On the 2013 report and testimony in which have stated that the cosmic and immeasurable number of majority of the Bitcoin users are the male, the libertarian, the non-religious which used their coins for donation and charity rather than the illegal activity. While in these demographics and results have certainly and undoubtedly shifted and turned over time and moments, the cryptocurrency far and away the domain and the sphere influence of the coder nerds. The “Main street” adoption and acceptance among the standard and average inhabitants and citizens could be higher and wider.

Several cryptocurrency experts and professionals who were specializing in the adoption and acceptance about the most effective and efficient ways and method to get crypto into the regular use by the ordinary people gives statements on an interview. One of the factors it is tackling was making and using cryptocurrency was easier than the banking apps.

The founder of Dutch cryptocurrency Gulden, Rijk Plasman says that the most and mainly crucial and decisive component and factor of any adoption and acceptance strategy is to remember and bear in mind to make a user-friendly or easy-to-use product than the current and a recent system.
“It is very important and significant to be realistic and to be true, while there are a lot and tons of benefits and remuneration at this very moment already to using cryptocurrency rather than using the fiat, and there is a pretty wide-ranging and extensive learning path for new users. That is what we are doing and making differently, eliminate and remove the learning, and make apps that is so easy and quick to use, that people can use them with a manual or further instructional materials. And when they can use the apps, they will notice and foresee the benefits and the profit of the blockchain instead of just hearing about it. Our apps have to be better and more enhanced than the current and recent banking apps, otherwise the regular and ordinary people would not even give it a chance.”

The Bitcoin advocate and early adopter, Derrick J. Freeman, also thinks that the emphasizing and accentuating of ease of use is imperative and essential to promoting and encouraging Bitcoin.

“I have tell them already that all they need and should use Bitcoin is an app. Here in the New Hampshire, where I’m living, I can point and position to a half dozen Bitcoin vending and retailing machines that convert and exchange fiat and to Bitcoin. No questions and query asked. That kind and variety of financial and pecuniary freedom and privacy is empowering.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin Valued and Worth as a Financial “Safe Haven” As Weigh Against to Other Major Currencies

The Bitcoin has a fair and reasonable amount of mainstream critics and haters and bashers when it comes to its value and worth and also relevance as a globally traded currency. Some and several of this borne and bear out of an equal and equivalent amount of fear, scare, ignorance and unawareness of what the Bitcoin is and represents, while a portion and an part also based and legitimately on the recent events and happenings like the Hash Ocean collapse and fall down.

Be that as it may that the Bitcoin has proven and certified to be quite valuable and worthy and relevant to those looking and seeking to protect and shelter their wealth under these more turbulent and chaotic and in turmoil economic period of times. The people may have stop snickering at the Bitcoin when they actually do the study and research and discover the impressive value and worth of the digital currency has to offer and serve. And when it comes down to it, the smart money has been on Bitcoin for quite awhile now, and the mainstream is beginning to notice and see this fast and this certain reality.

The Bitcoin becomes a financial “safe haven”, in the world economics; the term “safe haven” is a relative term. But from the fall of 2013, through the Mt. Gox collapse and fall down, up to early beginning of the year 2015, the Bitcoin was seen and noticed as a laughing stock, rising at 800%, only to crash back to the previous levels. Well, nobody and no one are laughing now, especially those who invested and put their line in the British Pound and Euro.

As according and stated from Bloomberg, the Bitcoin has become less volatile and fickle than the Pound since the Brexit, and this may not change and move for the same time. The British Pound values and worth have dropped to 30-year lows and the investors are moving quickly into the BTC for relief and reprieve.

The Chief Executive Officer of San Francisco-based Kraken, Jesse Powell, the world’s largest Bitcoin exchange in the Euro volume, stated: “A lot of people are buying and purchasing Bitcoin for Pounds and Euros. Our Euro-based Bitcoin volume has double and twice bigger….. We saw and noticed a huge and immense spiked in that market. People and citizens are seeking and looking for a safe place to store and keep their money and cash, amidst all of this uncertainty and ambiguity.”

Regarding to the world’s best performing currency, for those caught unaware and uninformed of the Bitcoin value and worth equation and figure over the last eighteen months, the Bitcoin was simply and undeniably the world’s best performing currency in the year 2015, gaining and increasing for over 35% against the global reserve currency, in the United States of America’s dollar.
This was about four times the growth and augmentation of the US dollar itself during and the same period of time. In this year 2016 it is proving to be even better and greater, as the Bitcoin started the year in the $430 range, and right now, the trading is in the $600’s, an almost and over 50% in increase in its value and worth.

The Managing Director at the Wedbush Securities Inc., Gil Luria, told the Bloomberg by the means and use of an e-mail: “I believe and think that the Bitcoin has seen and notice some of the benefit from the Brexit over the last few days as the consumers’ are buying and purchasing the Bitcoin as an asset uncorrelated with the global monetary system, much and likely gold. If the other countries and regions in the European Union pursue and urge a similar and the same path, I would expect some and several of their citizens and populace to look and seek at the British experience and want to protect and secure some piece of their funds in the Bitcoin. Even though the Bitcoin is volatile and unstable, volatility and precariousness is better than knowing your money and cash will be devalued by 10 to 30 percentages within the few weeks.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Mending with the Cloud Miners for Bitcoin Halving: Laceration Energy Costs

The Mining software companies and businesses try and attempt to reduce and trim down costs of the Bitcoin mining meeting and conference the challenge and defy brought and inhibit about by the cutting and slashing it in half in regarding of the block rewards.
The energy supply has been a topic issue and main concern of late mining operations and production in particularly and pertaining to the halving period of time as it is a great and vastly determinant to ensure and certain a lower operational and production cost to maximize and emphasize the profit.

A report and statistics says that some of the mining companies and businesses in the parts that locates in China, just recently and currently met to discuss and enclose on how to “share power grid and together with the local power resources” and also as well as the other issues and subject matter such like the hydropower, also the wind energy, the power tariff terms and phrase, which line up specifically on mining company operations and productions.

The offer and propose of cheap electricity will attract and draw an investment from the Bitcoin mining companies and businesses particularly and specifically in the land of China where roughly and estimated of an 82 percentage of the globally-produced hash share in concentrated and focus.
Regarding on the new and innovative products, the mining software companies and businesses in particularly the Bitmain has introduced and brought out a new and fresh products which including all of its latest and most recent Antminer S9 in which has been dubbed and given the title of the world’s most power-efficient and saving Bitcoin miner, into the market to meet and acquaintance and yet face the challenge brought about by the cutting in have of the block rewards.

Just after the Genesis Mining tested and experienced a larger and bigger batch of its X11 ASIC, it upgraded and reinforced all its ASIC X11 clients from one year up to two years of contract with a promise and a word to offer and serve them an electricity cost for the second year free of charge and fee.

As the Hashflare slashed and trimmed down its energy cost to enable and be able to its miners to earn and profit more. In an statement by the means of an email to its SHA-256 contract holders and clients, the mining company informed and updated them.
“As the Bitcoin mining reward halving is now history and olden times, it is our duty and responsibility to keep every single thing running and working smoothly and at ease for all of you. For the last couple of months, we have been working and keeping a hard installing new energy efficient and saving SHA-256 hardware to our data and information centers and portals, which allow us and allocates us to reduce and lessen our electricity expenses and costs.”

“And for that reason and basis, we are proud to announce and declare that the Maintenance and Electricity Fee (MEF) for the SHA-256 contracts is now being reduced and trimmed down by 25%, from the 0.008 USD per 10 GH/s to 0.006 USD per 10 GH/s. The work and progress is not yet done and over yet we are still looking forward to achieve and attain and also accomplish better results in the near future.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

Good News!
From now You can do withdrawal also by using Bank Wire!
www.ecoin.eu

Is It Possible That The Bitcoin Breaking-Out the Charts?

Countless factors and features have guide and take the lead to a rush forward and as well as the heave in the price of the Bitcoin this year 2016. And one of the main factors and aspects that have been constantly affecting the instability and volatility in China and the Bitcoin emerging and engaging as somewhat of a shelter or a safe haven. And the Brexit referendum also led to the price mount in the Bitcoin charts.
There are still and at halt underlying aspects, features and factors present and currently that could give the certain cryptocurrency a further push and urge on-going upwards and forward. As based and according to an article news by the Forbes, the Bitcoin dealings and transactions could double and maybe triple.

Forbes quote and mentioned Jupiter Research, a United Kingdom based company that specializes and best in identifying, classifying and appraising the high and towering growth and expansion of the market sectors and sections as saying, with “the total value and worth of the Bitcoin transactions and dealings is expected and projected to reach and exceed at $92 billion within this year of 2016 until more or less around 240% from within less than $27 billion of the year 2015.”

To tag along with it, Trump’s presidency and the Brexit and also the other global risk and jeopardy are enlisted. The Bitcoin has acted and serves as a pillar of strength and source of capability when it comes to the stability factor and asset in the moment and era of uncertainty and economic turmoil that happened lately and so and on. We have already seen and noticed that the Bitcoin was hitting far from the ground of $780 just before the Brexit referendum.

The BBC News has even reported and stated that based and according to the Economist Intelligence Unit that Donald winning the United States of America’s Presidency has the potential and latent to disrupt and disorder the whole global economy and heighten the political and also the security risk and chaos in the United States of America.

The BBC also mentions and has told that, “He is rated and marked as the riskier than the Great Britain leaving and parting the European Union or an armed clash and conflict in the South China Sea.” And the Economic Intelligence Unit uses and utilizes a risk scale of ranging from 1 up to 25 and Donald Trump as getting elected the United States of America’s president is allude to as having a rating in the range of 12 which is the same and similar as the risk and jeopardy of the Jihadi Terrorism which is destabilizing and making it critical for the global economy as based and according to the BBC reports and data.

Read More: www.ecoin.eu (http://www.ecoin.eu)

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An Investment via Bitcoin: United Kingdom-Based Blockchain Company Hits £100,000!

With the United Kingdom still and on-going on recovering and recuperating from the Brexit, the Stratis which is a London UK based blockchain solutions company and business with the an aim and a goal of building and establishing a Blockchain Development Platform for developing and keeping the progress of blockchain apps has raised and gather for over £100,000 worth and value of the BTC from its ICO.

Having a total blast it's ICO in June, the Stratis offers and serves their blockchain token in which is used to run and facilitate the Stratis blockchain and the sidechain features and characteristics to any participants and patricians of the ICO. The Stratis has over an 84,000,000 Stratis tokens for sale to the investors.

Once developed and progressed, the Stratis will allocate and allow anyone and everyone to create and build and also manage the blockchains within just minutes, take note of it “within just minutes” and with the ability and capability to customize and improvise their very own private sidechains in which will be safe and secured at the same time by the main Stratis blockchain, and allocating and also allowing the developers and also the small companies and businesses to experiment and try with blockchains, not just for the large companies and businesses such as the JPMorgan and Chase Co. and the Deutsche Bank.

The Founder of Stratis, Chris Trew, says in one of his statements: “Our company is principally and primarily on blockchain provisioning and in-line for the business community and society in an increasingly and progressive digital economy and entity. The blockchain is a game changer and an ice breaker but there is still a real need to lower and downgrade the barriers and blockage to entry so that the more people in the society can get involved and surrounded with the technology, discover and find out it’s utility and usefulness and ultimately and also at the end of the day be able and capable to compete and vie in a changing market.”

The changing Blockchain-as-a-Service is one aspect on the Stratis platform itself. And will be a cloud-based and option and will be an open-source of the Bitcoin with full of node framework and mainframe written in the C# and also the Microsoft. The NET framework and structure rather than the Bitcoin’s original C++ node that comes with the several and plenty added features in which allowing and allocating it to be much easier to maintain and balance the existing code and also make it more attractive and fascinating to the developers.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Print the Cryptocurrency, According to the Central Bankers

Ahead and just before the session of the key cryptocurrency specialist and experts in the United Kingdom witnessing and participating before the Economic Affairs Committee of the Parliament on last July 19, year 2016, Tuesday to see the insights and explore the nature and environment the blockchain technology, and the Bank of England has launched and released a research paper and follow line of investigation that studied the macroeconomic cost and consequence of issuing the central bank digital currency or the CBDC.

“I do not see and notice how the banks could compete,” as the former central-banking head of the International Monetary Fund and director of the Stellar Consulting LLC, Peter Stella mentioned about the said issue.
The Wall Street Journal suggests and recommends that a central-bank-issued and released Bitcoin would be a “means and ways for the policy makers and lawmakers to completely and fully take control and organize the quantity and amount of money in the economy and much likely the full-reserve banking.”

Was that the main argument and reason to tell about? Let us take a closer and possible look and gaze at the proposals of the Bank of England.
Regarding the issued digital currencies of the central bank, in using a vibrant and dynamic scholastic general equilibrium or the DSGE model and prototype calibrated to equal and match the pre-crisis United States of America, and also the Staff Working Paper Number 605, that states and apprehends the macroeconomics of the central bank issued digital currencies finds that issuing a CBDC of 30% of the GDP, and against and opposite to the government bonds, could enduringly and also permanently raise and upgrade the GDP by as much and total summation of 3%, in the due to the reduction and dwindling in the real interests rates and worth, and yet the distortionary taxes and also the monetary transaction and dealings costs.
On the July 18, year 2016, Monday issue in which is the paper was by John Barrdear and also Michael Kumhof who studied the macroeconomic consequences of the central bank granting the universal, the electronic, and the 24x7, and also the national-currency-denominated and lastly the interest-bearing access to its balance sheet by the means of the issuance of the CBDC.

And the paper states and proclaims that, “Our findings at our analysis suggests and claims that the only conditions needed to safety and yet secure and the gains and expands are that a sufficiently and amply large stock of the CBDC is issued and released in steady and stable state, and that issuance mechanism and protocol for the CBDC ensures and guarantees that the central bank only trades and vends the CBDC against and opposite to the government debt instruments.”

On the other hand there are the structural issues, in which is in broader and wide-spectrum and also qualitative analysis of the pros and the cons of a CBDC regime and establishment by the researchers distinguished between structural issues, the price and also the output stability and solidity issues and the financial stability and firmness issues.

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Have a look at the current fees!
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An Adventure around the World with Bitcoin!

It is possible to go around the world in 18 months carrying and using only Bitcoins? Well, let Felix Weis unfold a story of his big adventure.

In the early days and breakthrough of the Bitcoin, and when the elusive and mysterious Satoshi Nakamoto declared and announce all over the world wide web the Bitcoin and being adored by Hal Finney, Martti Malmi and also Gavin Andersen who had help and fully give an assistance to work and collaborate on improving and making the Bitcoin better for every single of its code. And not have several would have think and thought that it will be possible to travel and make a journey all around the world using and keeping the Bitcoins on our pockets.

It was only, and until Felix Weis which is a programmer, wanted and desired to find out the answer. On the other hand, the only way to find it out the answer was to undergo and make and experiment and trial himself. And that was the exact and same thing that he did.

He is originally and from the Luxembourg but when he made his escape he is living in Berlin, Felix Weis, was the one who first discovered and find out that the digital currency in the year 2012 and at the moment that his trust and faith in the banks had diminished and lessen after the financial turmoil and crisis. And yet, notwithstanding with the people who had been telling him back in the year 2014 that the Bitcoin did not have and grasp a future, he was still fascinated and awestruck about the possibility and opportunity of a currency that is not being controlled and facilitated and yet also manipulated by a government and that is immediately available and accessible to any country and regions of the world.

With the fact of around the world trip and journey experiment and trial circling in the corners of his mind, he converted and exchanges all of his savings and earning to the Bitcoin. Securing and keeping them safe on his freshly and newly bought and purchased Trezor wallet from the SatoshiLabs in Prague. And packed his bags and stuffs, then Weis began and started his adventure on 12th of January year 2015. In the view of the fact that Weis successfully and fruitfully complete and accomplished his adventure, and somehow of managing to pull out and visit 27 countries and 50 cities in the range of 18 months using and spending only the digital currency to get around his escapades. As you would expect, he is after to that opinion of the Bitcoin is a global currency.

As Felix Weis states and mentioned that he was able to visit 27 countries using the Bitcoin. And he enumerates the following countries as he started uttering Israel, Turkey, Hong Kong, the Philippines, Japan, Ireland, North America, the United States, Mexico, Cuba, Venezuela, Brazil, Argentina, England, and Finland and Romania.

Lastly, he quoted that, “Money is a huge and immense construct and essential as it can be on whatever the people want it to be with. And it is something and somewhat that happens on over generations and generations and I do not see and figure why the Bitcoin cannot be the same. The fact that I was being able to use and spend the Bitcoin in the 27 countries that I visited and been in makes it a global currency for me.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

African Challenges: How the Digital Gold Will Respond?

The Bitcoin may still be less known and popular in some parts of the Africa but it showcases itself as a substitute and an alternative to the numerous and several challenges facing and taking the region and sectors that has been dubbed and hail as the mobile-led continent, based and according to Llew Claasen which is an Executive Director of the Bitcoin Foundation.
Llew Claasen foresee and believes that the recent and current levels and stages of the Bitcoin acceptance and adoption in the African reflect and reveal where the Bitcoin is on its technology adoption curve and camber globally and the continent should not be seen and looked as being behind or left behind.

“The Africa has several and numerous challenges where the Bitcoin offers and serves a viable alternative and substitute and this strong and tough need may notice and see the Africa taking more than its fair share and contribution of the global Bitcoin dividend,” this is what Llew Claasen mentioned and stated by the means of his e-mail.
“It is very much early in the acceptance and the adoption of this certain technology for every single person and all of us that is such difficult and hard to utter to say how it all plays out in some specific and significant regions and sectors,” as an addition and supplementary details from the one that he mentioned earlier.

The African assets and the challenges are the factors and aspects which make the Bitcoin a greater bet for the African countries and nations. As based and according to the fiatleak.com, in which is a site that provides and carry on a real-time overview and outline of the global currencies and their flown into the Bitcoin, the South Africa is one of the top and apex users of the digital money.
The McKinsey Global Institute in which that stands for the MGI described and depicted the potential and progress of the African economies as the “lions on the move” in the year of 2010, and a trend in which has keep on lingering and continued in spite of the fact that the collapse and fall down of the global commodity prices and worth and the political shocks.

Accordingly and based to Punam Chuhan-Pole, which is the World Bank Africa acting Chief Economist and the Author of the latest and newest Africa’s Pulse Report, African countries and nations, “need to accelerate and move forward the pace of the structural reforms and platforms in which aimed and target goal is at boosting and amplifying the competitiveness and diversification.” And the one of the four ways and methods to achieve and attain this certain matter is by reducing and lessening the costs of cross-border trade. And the one another are by making the financial sectors and systems more inclusive and comprehensive.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Canada and Australia Claims That There Are 7000 Newly Released BTMs!

Emergent and development events reveal and showcase a distinct and pronounced step in the expansion and growth development of the Bitcoin in the market of Canada and Australia if the recent actions of the Netcoins are anything to go by and go with.

Having the Bitcoin in a gas station and in the grocery stores? The Netcoins who had recently and just currently claimed and announced its joint venture and partnership with the Flexepin in which is a prepaid paper voucher system which is available and accessible in the denomination of up to $500 United States of America Dollars (USD), claims that this step and move towards them will provide and serve 7000 fresh and new Bitcoin access points in Canada and in Australia.

The Netcoins CEO, Michael Vogel unfolds and mentioned, “The next time you will fill up at the gas station, you possibly will just be able and be accessible to buy Bitcoins there too! The Netcoins’ joint venture and partnership with the Flexepin takes the prepaid Bitcoin vouchers into a variety and sort of a convenience and grocery stores in Canada and in Australia, in which including all of the Esso and the Canadian Tires Gas Stations.”
As based and according to Michael Vogel, the vouchers that consist of a 16-digit code that which can be redeemed into the form of Bitcoins on their website. The vouchers can be bought and purchased using real-money or cash, even the debit / credit cards; the actual in-store purchase and transaction stays and remains anonymous and yet private and the compliance checks are only performed at the time of online redemption.
In regarding the entrepreneurial empowerment subject matter and issue, the Netcoins team and group claim and assert to be inspired and stimulated that the empowering of local entrepreneurs is a great act and way to further its mission and aim in which is to build and create unprecedented and extraordinary of conquering an access to the Bitcoin through the retail channels and circuits.

To wrap up this case and scenario Michael Vogel states on his last statement that, “We are inviting the Bitcoin entrepreneurs to apply and employ for the access to the Netcoins’ flagship which is the “virtual Bitcoin Automated Teller Machine in which stands for the ATM” in which come to a form of a software product. This is designed as a “white-label” software solution for the Bitcoin Automated Teller Machine (ATM) operators that who would like and desire to expand and increase their number of locations, but face the difficulties and hardships in adding fresh and new stores in the reason of the machines worth and costs and cash-handling expenses associated with the physical Automated Teller Machines (ATM). The Netcoins’ virtual Automated Tell Machine (ATM) is simpler and easier to scale because the Automated Teller Machine (ATM) runs and operates on any device, and with most of the store had been using a tablet or a cashier’s existing point-of-sale computer.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

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The Bitcoin Has Attained and Achieved the Constancy, According from Erik Voorhees

As based and according with Erik Voorhees, the Bitcoin has attained and achieved the constancy and the stability! Well find it out as we dig in with the story of how it was stated and utter with.

To begin with the certain topic and entry of an vast and immense description of the digital currency which is the Bitcoin, the ShapeShift CEO has pointed out Bitcoin’s rise and ascends, its stability and constancy, and how that the progresses and developments silences one of the leading and foremost criticisms of the cryptocurrency’s early stages and levels by the means and use of the Twitter:
“The Bitcoin has attained and achieve the constancy and the stability of a large cap stock. And this is immensely and vastly impressive and puts to rest one of the earliest criticisms.”

The Bitcoin’s current and the recent stability and constancy attainment in contrasting with the previous infamous and legendary volatility, the Bitcoin has displayed and showed significant signs of maturing in the industry. Upon during the lead-up to the United Kingdom’s vote to exit the European Union, the Bitcoin tracked and traced gold as a hedge against economic turmoil and uncertainty, solidifying its place and consign as a more reliable option than the traditional financial system.

Straight and right away after the Brexit vote the British Pound’s volatility and instability passes that of the Bitcoin, and making the cryptocurrency a more attractive and striking investment opportunity.

As based and according to the old global financial system that which is not doing so well at this very moment, as the Bitcoin keeps and continues to do better and greater globally, the old financial systems runs into more and more cases and issues. The Japanese Prime Minister Shinzo Abe declared and announced of having a stimulus package for the Japan to the tune of over $265 billion US dollars in which is both a sign of continued economic stagnation and of the future Japanese Yen devaluation and depreciation.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Zimbabwe Central Bank Regarding onto the Bitcoin Use

At the annual Digital payments Conference that was being held and happened at the Meikles Hotel Zimbabwe last July 28, with the same year, 2016, the Reserve Bank of Zimbabwe in which stands for the RBZ warned and presaged the country’s citizens and the public against the various and different level of risks that was being involved and inclined with using the Bitcoin.

Josephat Mutepfa which is the Central Bank’s Senior Executive of the National Payment Systems Department has even told the event’s audience in which is principally and primarily contained of the financial startups, experts, professionals, entrepreneurs and many more, the ins spite of the fact that the popularity and being well-known of the Bitcoin, still the Reserve Bank of Zimbabwe discourages and daunts the use of the Bitcoin. This is due and caused of the lack of regulatory frameworks for exchanges and startups providing digital currency and related financial services.

While the economic benefits and advantages of using the digital currencies such as the Bitcoin are being evident and palpable to the Central Bank, the organization and association thinks and eventually believes that the any type and kind of unregulated alternatives and substitute must be approached with caution and carefulness even if it do provides the unbanked an opportunity to regain the financial control and facilitation.

Josephat Mutepfa exclusively and specifically identified and classified some of the Bitcoin startups in which includes the Bitmari, which is a company that enables and capable the Zimbabweans to send and transfer money all across other countries in the Africa at a substantially and considerably lower costs by using the Bitcoin.

In regarding with the increase of mobile transaction and dealings was the primary concern of the Reserve Bank of Zimbabwe in such manner of justifiable, which is mainly and principally because of the government lacks the necessary information and details to fully understand and regulate the digital currencies like the Bitcoin.

As based and according to the various and different statistics, on the other hand, the rapid and extent growth of the Bitcoin industry and the market in the countries like the Zimbabwe appears and seems to be investable and also predictable. With just a recent and current study which is released by the multi-billion dollar auditing company which is the KPMG demonstrates and shows an unprecedented levels and stages of development and progresses in the mobile payment and compensation space in the Sub-Saharan Africa.
Since from the year of 2014, there are nearly and closed to 95% of the Zimbabwean have used mobile money to pay and compensate the utility bills and the mobile money account penetration rate in the year of 2014 was estimated and summed up to 25% in which was even higher than the bank account penetration rate in the country.
This major and principal shifting and switching in the trend from the banking services to the mobile payments and compensation demonstrates and shows that the financial cases and issues that the majority of the Zimbabwean population struggle and thrash about to deal with when using banking products and also its services.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Maturation of the Bitcoin Economy

A new study reveals and unfolds the maturation of the Bitcoin economy. A recent and new study was conducted by the University of Wisconsin together with the partnership of the UCL Centre for Blockchain Technologies and the Deutsche Bundes Bank has demonstrated and figured that the Bitcoin Economy has significantly grown and has reached the full level of maturity in the past few years when it has begun.

The fact that the Bitcoin evolves and progress and also we need to know how exactly the Bitcoin manage to pull it out with such grace. The research and study has show and also revealed that the number of the Bitcoin transactions and dealings involving the Bitcoin has rapidly increased significantly from approximately and summation of over a 1,000 per day in the year 2011 to 300, 000 per day. As the network has expanded and lengthened and also keeps on doing it so, the need and the hunger to explore how the cryptocurrency evolves and became apparent. And this is the key that largely driven the research and study.

As the study tackles and explains it inch by inch and every bit of it. “At the recent and current exchange rate, the notional worth and value of the daily transactions and dealings in the volume ranges are in between $200 up to $300 million. Therefore, it becomes appropriate and interesting to explore and dig in how the Bitcoin economy is populated and extract the map of payment and compensation relationships, and as well as to trace and track the exact evolution of those relationships over the time.”

For that basis and purpose, the research and study took direction to classify and also identify the interconnection between the economic agents that uses the Bitcoin payment network for transferring and moving or even sending the digital currencies between each one and another. The information and the data from the Bitcoin Core for over the period from the 3rd of January of the year 2009 all the way through to the 8th of May of the year 2015 was imported and managed by the means of the MySQL database in which is designed and created to run high-performing application codes.
The researchers have gathered and collected together publicly accessible and also available individually addressed as the minimum units of the Bitcoin identity and distinctiveness and also grouped them into particular and specifically business categories through analyzing some of their specific Bitcoin transaction patterns and outlines.

Employing and applying the input addressed heuristic, the researchers have grouped for over a 75, 191, 953 unique Bitcoin addresses in which was obtained and gathered from the internet into 30, 708, 660 clusters in which were further filtered to link and associate part of the superclusters to the real world entities coming from the BTC China, Kraken, Xapo and etc., in which belong and fit into the different and various business categories in which inclined to the exchange, the mining, the pool, the online gambling, the black market and the composite. It allocated and allowed the researchers to further create and design a map of payment relationships between them and make conclusions regarding and about the transaction behavior in each and every other business category.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Scotland Independence: Shouts for Bitcoin-like Cryptocurrency?

The “Scottish currency options post Brexit”, a discussion paper in which ha s recently authored by Dr. Craig Dalzell. This said discussion paper was written and aims to be for the Scottish Think Tank that has been commonly called and labeled as the Common Weal.

In the content of the discussion paper, Dr. Craig Dalzell discussed and tackles about the ramifications of a possible and probable Scottish currency after the Brexit. There have been calls and signs for another Scottish referendum regarding on seeking and quest for independence from the United Kingdom, on after the United Kingdom in its very own referendum voted and chose to leave the European Union.

Subsequently and right after the results of the Brexit referendum were made and has been known, the Scotland’s First Minister Nicola Sturgeon declared and announced her intention of holding and exerting a second referendum. Beforehand on the 24th of June year 2016 she had make a statement that says that a second referendum was a statement of the obvious as based and according to the BBC.

The currency is a major issue and case in any bid for independence. Stating in the previous Scottish referendum the question of a future currency weighed and scaled heavily on the votes choice of “No” on the decision of the voters. The paper cited a poll in which is conducted by the Lord Ashcroft in which resulted and found that more than half of the voters casted their votes on the vote choice of “No”. The voters cited and alluded to the currency as of the top three reasons in which influenced and impacted their decision.

Dr. Craig Dalzell hopes and looks forward to examine the various and several scenarios in which can arise out of a Scottish independence vote in the very near and approaching future. As Dr. Craig Dalzell says on one of his statements, “It is the cause and purpose of this discussion paper, the comparative advantages and disadvantages of the reasonable and logical options in which an independent Scotland may take and get, so that the full and objective understanding and knowledge known of the issues and cases can be reached.”

The choices and the options before Scotland are being laid upon. In the first referendum, in which is the pro-independence campaigners and supporters urged for and promoted the idea and thought that the Scotland would retain and keep the British Pound. As based and according to Dr. Craig Dalzell, the thought and idea being that the country would form and create an official currency union with what remained and lingered of the United Kingdom. This would also get the Scotland on the Bank of England Monetary Policy Committee. On the other hand of the fact that, now in the event of another referendum taking place, broadly and narrowing a wide spectrum range, the Scotland has two sets of an option...

Read More: www.ecoin.eu (http://www.ecoin.eu)

United Pharmacies: Now Accepting Bitcoin

The United Pharmacies begun accepting and taking the Bitcoin as payments! The online drug store and also medical platform the United Pharmacies has officially introduced the Bitcoin as its newest and latest payment method, in which offering and serving a 10% of discount for all of the drugs and the medical products enlisted on its store.

The United Pharmacies is one of the few firms in the pharmaceutical industry to offer and serve the Bitcoin as one of its main and major forms of payment because of the strict and stern Know-Your-Customer in which stands for the KYC rules and regulations in which is imposed on the companies in the industry.

The interrogation of the Bitcoin, the customers and clients of the United Pharmacies platform and members of the Bitcoin community and society presume that the United Pharmacies’ interrogation of the Bitcoin will establish and build a positive precedent and outcome for the other companies in the pharmaceutical industry to offer and serve payment methods within a minimal regulation and legal processes.
The typical and commonly companies such as the United Pharmacies offer and serves a limited range of payment methods to comply with the financial rules and regulations they are required to respect and also to accept. Therefore, most of the pharmaceutical companies and the independent drug stores offers and yet also serves the traditional means and method of payments such as the international wire transfer and the international cashier’s check.

It is the advantage and merit of the digital currencies, today. The digital currencies like the Bitcoin provide and showcase two major and principal advantages over the conventional payment methods and means in which are the low transaction fees and also the efficiency. The payment options often recommended and suggested by online drug store in which is specifically the bank wiring, in which requires the users to take certain steps in which is often in the customers and clients either going to the physical branch of setting the transaction over just the phone or via phone call. At the moment that the transaction is completely done, the bank details and the transaction information have to be sent to the company in which then requires and additional verification and authentication in which could usually take anywhere from 3 to 7 days length of time.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Factors Affecting the Bitcoin to Plummet

Aside from the Bitfinex hacking in which is explicable, every single time there is sudden falling in the price and worth of the Bitcoin as we have been in the recent days, numerous unfounded factors tend to crop up to define and yet provide a plausible cause.
This certain article was written to look and detect at the issues and cases that lingers and also affect the Bitcoin price and yet gather a collective reasoning of compromise among several users. A test case that focuses is on between the days of 29th of July, Friday on the same year 2016 until the 1st of August with the same year also, this period of time has said to be that the price of the Bitcoin plummets in which summed by more than $50, from over $655 down to $603.

The very first question that lingers to every single person in the Bitcoin community and society was what was responsible for the price and worth slump of the Bitcoin?
Then the “European Union factor” comes across the table. There is such a view that the recent and current price is a reflection and indication of the proposed regulation that is being considered for the introduction by the European Union. The idea and knowledge is to gather, collect, process and also record the personal data and information and also sometimes to share such data and information of the Bitcoin and the other cryptocurrencies users with the relevant authorities. The anonymity has really worked for the Bitcoin on providing and showcasing necessary freedom for the users. This certain view supports the fact that the scare and fear of the regulation being passed had a total grip on the market these days.

The next thing was the “Yes vote for hard fork”, this one certain case and issue raised is the closed door meeting in between the Bitcoin miners and also the Bitcoin Core developers. Although its summary and brief story has not been publicly released, there are suggestions and implications that the Bitcoin Core did not uphold its alleged and supposed agreement with the Chinese miners on scaling in which has resulted in a total loss in confidence.
As based and according to the Coin Dance Bitcoin Community Opinion Poll Summary, there are over more than 82% of the respondents to the question of “Do you think the Bitcoin network should hark fork to be able to increase and expand the block size limit?” had say “yes” while only over 17% had say “no”. While this certain poll could not be a hint at a growing and spreading disparity.

And there comes after was the Halving Effect, it may be a little surprising that the dip has been linked and tapped to the reality of the halving effect now setting and taking place in the tables. There is a one look of view that the Bitcoin mining has become less profitable and lucrative for the small operations, in especially and specifically since the halving on the 9th of July with the same year 2016, for this reason its effect is being felt recently.
On another way it says that the price of the Bitcoin went up because of the halving hype and it is just readjusting to what should be its normal state and status. It is also said that since the Bitcoin did not fires up to the moon as it was expected and projected to happen so, after the halving, but only moved up a bit based on the speculation, the readjustment in the price and worth created some panic and destructions.

Lastly that tags along was the “market forces the ETH/ETC”, there are insinuations and allusions that the people are using their BTC to perchance and buy the ETC in which is the most attractive and attention catcher digital currency in terms of the 24 hours trading volume and quantity today. Some believe and also thinks that the shift to the newly-shaped, in especially and specifically for its worth and price rise around the days under review and observation is not just a coincidence and not by chance.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Three Regimes in the Bitcoin Economy

Based and relying on a recent research and study that has been conducted in the University of Wisconsin the results of the analysis of transactions and dealings relationships, the researchers measured and tested the relative prevalence and predominance of each and every single general business category and classification in the sample and tracked their evolution and existence over the research and study period. Therefore the research and study identified and yet also classified the three distinguishable regimes that have even occurred and occupied and yet has even evolved in the Bitcoin economy since its inception.

The Period Number 1 in the Three Regimes in the Bitcoin Economy

From the date of January year 2009 all the way through the date of March year 2012, is being identified and yet also classified as a “proof-of-concept period” and has been characterized by the test transactions and dealings among all small number of the users with a very little meaningful commercial activity and motion. The analysis has showed and depicts that this certain period was almost entirely being dominated by the mining.

The Period Number 2 in the Three Regimes in the Bitcoin Economy

From the date of April year 2012 up to the date of October year 2013, was being classified and identified as the “period of early adopters”, shore up and bolstered by the black market usage and gambling factors.
It was no shock and yet no surprise that these certain types of businesses were in the midst of the first responders to the Bitcoin, as they were even attracted and captured by its unique features in such as it is relative anonymity or else has been called pseudonymity, in which is a lack of regulatory and legal oversight and outlook, borderless transactions and dealings and also low transaction and dealing costs in absence from the taxation also.
As the research and study points out, that the Bitcoin as the new form of secure and safe digital cash appeared to be the most ideal for the purchase and sale of the illicit drugs, stolen items and products and also any other activities that could not be easily and quickly be paid and compensated for anywhere else online. On the other hand, there was a concurrent and simultaneous drop in using of the Bitcoin for “sins” activities in the year of 2013 month of October, the time and period when a number of black markets have the largest among them was the Silk Road was being shut down.

The Period Number 3 in the Three Regimes in the Bitcoin Economy

From the date of November year 2013 until now to the present date, was the “period of the Bitcoin network maturation”, in which is being characterized and identified by the departure of the Bitcoin economy from the “sin” enterprise and diversifying into a legitimate payments and compensations, commerce and also services all across the nation and the globe.
The research and study indicates and yet also implies that the period from the date of January year 2014 to the date of May year 2015 was even characterized and also classified by a significant increase in the legal services with the digital currency exchanges and services at the center of this certain process.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Useful Tips on Where to Keep and Store Your Bitcoin!

Just to thwart and avoid more issues and cases of thievery and security breaches in the near and approaching future, the Bitcoin users must put into practice alternative solutions and schematic strategies to facilitate and control their own money and here are some simple and alternative methodologies.

The very first thing to understand about the Bitcoin, the Bitfinex safety and security breach in which that led into the cumulative loss of nearly $70 million US dollars has become a painful but an important realization and awareness for most of the Bitcoin users in the community and the society. And it has served as an urgent wake-up call and lesson for all of the users who have relied on the Bitcoin exchanges to keep and store a large summations and quantity of funds in contempt of several major hacking attacks that have stolen million of dollars worth and value of the Bitcoin from the exchanges.

Before exploring different varieties of methods in securely keeping and storing the Bitcoin and the other cryptocurrencies, it is best and important to understand and have knowledge that the Bitcoin network lacks a central authority or an organization in which can conduct similar operations as the banks.

The decentralized and transparent nature of the Bitcoin network makes it virtually impossible for the users to reverse their funds in an event of a hacking attack or theft. Therefore, the proper methods and schematic strategies must be employed and implemented to protect the user funds from being compromised.

The purposes of the exchanges or the primary purpose of a Bitcoin exchange is to enable customers to trade the Bitcoin with the other assets or currencies such as the USD or the EUR. It also allocates the users to purchase and sell the Bitcoins in using the traditional forms and ways of payments, such like the bank wiring, the credit card transactions and the checks.
While an exchange has the duty to protect users funds safe and securely in their systems, the operations of a Bitcoin exchange heavily and highly rely on instantaneous transactions in which are being performed on a hot wallet because of their requirement to send and receive the Bitcoins upon their settlement of the trade orders.

Consequently, it is important for the users to utilize the exchange for its primary purpose and transfer the funds once they purchase or sell their own Bitcoin to a Bitcoin wallet.
The non-custodial wallets, moving or transferring the Bitcoin to a wallet has proven to be difficult for many users who do not fully understand and knew the technical side of the network. For the beginner users, it is vital and important to remember that the wallets that do not have any control over the user funds are the most reliable Bitcoin wallet platforms. In view of the fact that they do not control your Bitcoin and it is not possible for the hackers to steal them.

Read More: www.ecoin.eu (http://www.ecoin.eu)

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The Bitcoin Operations in Russia

The Russian authorities hold backed and refused the idea of introducing the punishment for the transactions with the Bitcoin. It is indeed an endless discussion all over again. For over 2 years the Russian authorities could still not make up their mind and decide in concerning the bizarre bitcoin. And now finally there might be some spark and twinkling at the very end of this tunnel as the Russian authorities hold backed and refused the idea of introducing the punishment for the transactions with the Bitcoin or the other digital currencies.

Earlier, the Ministry of the Finance had suggested and yet also recommended the introduction of imprisonment for a period of up to 4 years for the use of a quasi-money, as the Bitcoin and alike were being labeled. Remarkably, the managers of banks and the other financial institutions would take a break for over up to 7 years in prison for operations with the Bitcoin, and with the subsequent deprivation of the right to take on the managerial position and place.

In June with the same year of 2016, Alexei Moiseev, the Deputy of Minister of Finance, mentioned in his statement that the Ministry is revising and still reviewing and also reconsidering the terms used in a draft law.

The State Prosecutor General’s Office and the Ministry of Justice both agreed and decided that there is no enough reason for introducing measures of criminal responsibility for trading with the Bitcoin. The Ministry of Finance and the Central Bank of Russia also supported and raised this decision.
The Ministry of Finance was even ordered to revise and review the draft report addressed to the President and also submit it by the very end of the summer.

Let the tax authorities know you play with the Bitcoin. At this very point and moment, the Bitcoin enthusiasts could start praising the state authorities for not banning the Bitcoin. Yet, there is one more thing preventing and cautious them from breathing freely. To sale and also to purchase cryptocurrencies are deemed the currency transaction in which should be reported to the state tax services. The main tax authority of Russia has stated and clarified that the transactions of purchase and sale of the cryptocurrency even the virtual currency between the residents and the non-residents of the country of Russia with the utilization of the currency valuables and or the currency of the Russian Federation are in the fact of currency transaction and so on and so forth.

While the Russian authorities still have not found a clear definition and distinction for the Bitcoin, they found a way and another to go around and also put it inside the regulatory framework. Consequently, it does not really matter if the Bitcoin is a currency, a commodity, a quasi-money, or something else. And as long as the Russian tax residents exchange it to currency, it is regarded as a currency transactions and dealings that should be reported to the tax authorities.

The statement claimed by the State Tax Authority is intended for the informational purposes and use, so far and does not imply in making revisions and the changes into the current legislation. With the Russian state authorities’ eagerness and urge to ban and yet also restrict things in the country of Russia, we are yet to notice the destiny of this initiative.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin prices in the largest BTC Stock Exchanges! The last 24 hours!
http://ecoin.eu/en/arbitrage/index

Captain Drakin’s Show Regarding on Bringing the Bitcoin into the Masses

The Bitfilm Production is the operator and facilitator of a new Bitcoin show in which is called the “Captain Drakins” the very first TV series related and yet also associated to the crypto world. The two characters for this certain show are Captain Drakins himself and his sidekick was Nick the parrot. In each and every episode, they are explaining the main Bitcoin topics in a funny and yet simple way as the show intends to reach a young audience in which includes the students.

The Captain Drakins aim and goal. The show is set in a pirate world to better understand the “anti-system” attitude and behavior of the crypto world. In fact the Captain and his parrot in a 3D studio setting and was decorated as a pirate ship and on the screen behind Captain Drakins there will be several varieties of visuals in which that illustrated the topics he is explaining and addressing to.
The Bitfilm Production wanted to establish and create a documentary in which is useful for the youngest public who have heard of the Bitcoin but are not using it yet. The main goal and aim of Bitalo and the Bitfilm is to make his audience aware and known of the practical advantages of this certain cryptocurrency in the daily lives and as well as it is potential to lessen and yet also reduce the power of the banks.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Three Keys to Fully Complete the Bitcoin Adoption and Acceptance

As the following steps in the revolution and the evolution of the money, the Bitcoin is advanced and superior to the traditional currency in several and numerous ways. It is trustless, private, irreversible, and also efficient and lastly, it is deflationary. On the other hand, even the best and the greatest technological invention and creation is useless unless it is being used and utilized, and at this very moment the fiat currency still holds the title of the “real money” in the minds of the general public and the masses. In order to reverse that factor, the greater adoption and acceptance is needed on the part of the Bitcoin.
To be able to accomplish and fulfill this certain aim and goal, even though it is not any haphazard strategy and method will do so. Just simply by uttering and saying that “Here, Bitcoin is better, start using it instead.” Will produce and gain limited results. Instead by establishing and creating the cryptocurrency’s use in the global economy on one step at a time, and each and every single phase of progress and improvement becomes much more manageable and also realistic.

The Key Number 1: The Bitcoin as Useful [currency – Bitcoin – currency – destination]

The very first key and step is to create and establish the Bitcoin as an intermediary device to develop a progress in the regular financial transactions. This can be purchasing gift cards all the way through the eGifter or the Gyft, purchasing something form Amazon through Purse.io, and sending a remittance payment to another country, or even paying an unbanked contractor.
Neither the party to these certain transactions wants or even has the Bitcoin, but it is obtained and also uses nonetheless to perform a specific function. A user buys the Bitcoin to save money on the gift cards or the Amazon purchases cheaply and yet also efficiently send a remittance or even pay unbanked contractor who otherwise would a limited options and choices for receiving the funds.
On what factor that this shown that the Bitcoin can be useful tool and device in a certain circumstances. Someone who did not view and see the Bitcoin as a money or even as a something worthy and valuable will nonetheless see and notice its usefulness in achieving and also attaining the certain aims and goals and as such will be willing to buy and purchase some for a certain select purposes. This certain plants the idea in the client’s and customer's’ mind, that the “Bitcoin can be useful.”

The Key Number 2: The Bitcoin as Valuable and Worthy [Bitcoin – currency – destination]

At the moment that the cryptocurrency is in a wide-range use and in ready and also capable to supply the next key and step is to set up transactions in which originate as the Bitcoin and are later converted to a currency. Having already benefited from the very first key and step, the Bitcoin is in wide-range use, although no body touches it directly.

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Have a look at the current fees!
At the moment Payeer Withdrawal Fee 0%!!!
More: http://www.ecoin.eu/en/info/fees?type=fiat

The Bitcoin Advantages over the Traditional Investment

The traditional investors have always loomed and approached the digital currencies like the Bitcoin with an additional precaution due to their highly volatile market worth and value. On the other hand, the devastating and great performance of the Bitcoin as an investment and a currency has catch the attention and attracted the likes of a traditional investors over the past few months and counting.
The Bitcoin as an investment means provides investors with the three significant advantages and compensation over the traditional investments, the liquidity, the high market demand and the minimalistic trading.

The Liquidity – Bitcoin is a regarded as one of the most liquid assets and resources in the financial market today for the reason of the global establishment and founding of the Bitcoin exchanges, trading platforms and the brokers.

The investors or the holders of the Bitcoin can easily and quickly trade the Bitcoin for cash or for other assets like gold and other cryptocurrencies right away and instantly; with low fees and charges unlikely the shares of a company or the publicly traded funds and assets that requires the operations of a third party institution like the stock exchange to process and settle the orders and investments. Regions like the Venezuela, Brazil and Argentina that are known and popular for its very strict and rigid financial rules and regulations that disallow and misallocates the trading of the foreign currencies and assets also have their fair share of the Bitcoin exchanges and trading platforms in which enable the holders of the Bitcoin to transfer and move their wealth outside their country and also bypassing the country’s government.
The high range of liquidity of the Bitcoin creates and establishes a viable ecosystem for the investors to trade in and especially and significantly those that are looking for a short-span of term of profit. The digital currency is also a practical and a best way for a long-term investment for the reason of its particularly high market demand and trend.

The High Market Demand – The traditional investors reasonably and quite question the trend and demand and also the value and worth behind the Bitcoin. The investors that have only limited knowledge in technology, struggles and have a hard time to understand and fully get the economics behind the Bitcoin and how its market value and worth is being determined. In due course like any other asset in the market today, the worth and value of the Bitcoin Id directly dependent on its demand trend. Unless, the demand for the Bitcoin completely evaporates and vanished, the worth and value of the Bitcoin will continue to increase. The market cap of the currency that is now close to the $10 billion US dollar was less than the $1.3 billion US dollar only from the last three years ago.

The Founder of the Marc Warne, Bittylicious further explains the details in, “The Bitcoin will be used and utilized more in the upcoming and approaching future because it is the first time that something not fully controlled and manifested by any entity like a government or a bank that has been used over the internet. It has been around for over seven years now without any single fundamental issues and cases.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

Draw More Women into Bitcoin

Garnering a steady decline in the female partaking in the coding arts and several of the early adopters are being male, and there are numerous assumptions that the women will not have an impact in the Bitcoin society and community.
The Founder and CEO of the BitNation, opposes to this certain scenario as she utters that, “The women stands for a specific and also significant part takings on the every single day of the expenditures. And I do really believed that there are several women who are utilizing the Bitcoin for their daily spending that comes or their daily lives and also would profoundly assist to stabilize the worth and prize of it.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

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eCoin.eu Team

The Four Rationales of the Bitcoin Usage Could Fly into a Rage in Thailand

Thailand has the right in the mix if the ingredients for the Bitcoin to triumph in a massive number of the foreign tourists, the inflows of the various foreign currencies and also the tech-friendly banks.

The main deal was what is the catalyst acquired for the Bitcoin to thrive in Thailand?
The far from the ground dependence on the tourism, Thailand is a tourist-friendly nation and the tourism contributes for more and over of the 19 percentage of the directly and the indirectly of the country’s annual GDP. And foe over of the 25 million tourists has visited Thailand each and every year and counting, the spending in the excess of over 40 billion US dollars in the country. The tourism and the travel account for over of the 6% of the country’s direct employment and a noteworthy portion of the country’s informal sector depends on the revenue that has been generated from the foreign tourists...

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New York: Bitcoin is Money

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To be money or not to be money, that is the question when it comes to utter the word of the Bitcoin. Several people all over and around the world have an exceptionally understanding of what money is actually is and this can certainly broaden to the judges at the federal levels who are having to battle with this distinction regarding the Bitcoin.

But in a new case that dealt with the recent hacking of the J.P. Morgan Chase and the other financial companies all over and around the world, the New York District Judge has ruled that the Bitcoin does indeed qualify as money!Based to the Reuter, Anthony Murgio, who is looking to dismiss the charges against him and to his alleged operation of the Bitcoin exchange known as the Coin.mix in which the prosecutors have called unlicensed. Anthony Murgio argues that the Bitcoin cannot qualify as “funds” under the federal law in which also prohibits the operation of an unlicensed money transmitting businesses.
The United States District Judge Alison Nathan, disagreed and stating the following in a written statement of: “Bitcoins are funds within the plain meaning of that certain term. The Bitcoins can be accepted and taken as means of payments for the goods and also services or even bought directly coming from an exchange with a bank account. They then therefore, function as pecuniary resources and are being used as a medium of an exchange and also means of a payment...

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Learn and Finally Embrace the Capability and the Power of the Digital Currency: For Over 100 Female Farmers of Zimbabwe

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The Zimbabwean female farmers will be given out of Bitcoins in which they can exchange for the goods at the selected suppliers. The said Bitcoin giving was put together and an idea coming from the BitMari. In which is the very first black who have the possession and yet owned a Bitcoin startup. And this certain Bitcoin startup is the first ever Bitcoin accelerator program for the female farmers in the entire Africa. And the program regarding for the female farmers was aiming at making the farmers on flourishing and to return the initial investment at the very end of the second harvest. By the means of this that will eventually also tech them onto the path of the usefulness and the power of the Bitcoin and lastly, educate and train the female farmers to be able upon making the Bitcoin transfers and settlements.

Read More: www.ecoin.eu (http://www.ecoin.eu)

As the Chinese Yuan Badges the World’s Fifth Reserve Currency, Can Our Dear Bitcoin Make It in Sixth?

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Last October 1st with the same year, the Chinese Yuan had become the world’s 5th reserve currency. And the question that lingers right at this very moment was, what does it take to become one and can the Bitcoin make it there as well?
What are the reserve currencies? The terminology of reserve currencies today denotes onto the currencies in which form a part of the International Monetary Fund’s SDR or the Special Drawing Rights basket. The SDR was established by the IMF in the year of the 1969 as a reserve asset as there was a certain issue that regards with the shortage of the existing reserve assets in which are the gold and the United States of America dollar and to be able to support the growth development of the word trade. The currencies that which form a portion of the SDR basket are the US Dollar, the Euro, the Japanese Yen, the British Pound Sterling and right from the 1st of October, the Chinese Yuan too. The US Dollar will keep on going to constitute the major currency in the SDR basket within the weight of the 47%.
And now that question the lays beneath this certain fact was how did the Chinese Yuan become one of the reserve currency? The composition of the SDR was being reviewed by the IMF with the time period of every five years...

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TV Series Regarding the Bitcoin-Like Digital Currency was out!

If you are a major Bitcoin advocate and you are doubtless sick and tired of the Bitcoin crime sound bites that are dominating the mainstream news since the year of the 2013. And if the mainstream is only exposed properly in the Bitcoin at all, it is only the underworld of the Bitcoin in which is being exposed and not its industry and its innovation! The world of the digital currency is getting a makeover this season of fall as a new television drama is set to spotlight on the digital currency in a way that the mainstream has never been able to see before.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Real Deal on Africa’s Previous Prime Economy Delays Behind with the Bitcoin!

Nigeria has lost its title as the Africa’s premier economy just about a couple of months ago, right after the falling into the recession. Nevertheless, the Bitcoin use has not been taken an outstanding uptake there when being compared onto the same scale with the other African Bitcoin markets in the South Africa and also in Kenya, and going by the preceding details right from the fiatleak.com and the LocalBitcoins.com and this is for more than quite few reasons. Although it has the market, the biggest populace range on the continent, the remittance competence that badges the ranks in the top five in the whole wide world and a deterioration economic situation status which that lies beneath the faltering of the currency and plummeting oil revenues, one would have anticipated Nigeria to be the happening point for the Bitcoin. On the other hand, that is not the issue yet...

Read More: www.ecoin.eu (http://www.ecoin.eu)

Due to Financial Restrictions in Argentina, Digital Currency Will Strike its Full Potential!

It was indeed year 2011 and in the month of October, and in the middle of the downward spiral of the economic decline, and also the announcement regarding the stringent restrictions to purchase foreign currency and also to send money overseas by the Argentinean President Cristina Fernández de Kirchner. And for the very next four years the media widely reported regarding on how the financial repression made some Argentineans to accept and also adopt the cryptocurrency as an escape route from the government controls. The conventional wisdom held that the Bitcoin was flourishing to the persistent regulations in force.

The financial repression is over! Conversely, the five years and later the financial repression is mostly a part of the past. In the year of 2015 month of December, the traditionalist candidate Mauricio Macri badges the candidacy and was elected as the president and therefore he quickly reverse the monetary restrictions. Then the new context made most of the people question if the impetus for the Bitcoin in the South American country has ever come. In spite of the battling arrival of the Uber in the country and also keeping the tax rates cost higher, Mauricio Macri administration presents itself as a business-friendly government and its officials have constantly boasted regarding the important role of the entrepreneurs and the startups right in the economy...

Read More: www.ecoin.eu (http://www.ecoin.eu)

Falling Chinese Yuan Boosts the Bitcoin Worth in the Market!

The worth of the Bitcoin seems to be mounting again! The price ascend may have to do regarding with the China’s Yuan fall to its lowest level in the six years, in the early Monday of the 10th of October this year just before wiping out the losses on the first day of the trading right after a week-long holiday. Numbers of the China watchers have marveled if there is any single sign of the Chinese Yuan weakness following the holiday that would eventually signal the Beijing was putting the currency right back on a dawdling depreciation path right after holding uptight in steady all the way through September. The CoinMarketCap’s flaunt was consistent as it may seem with its illustrations on the Trading View in which has shown that the trading on the BTCCNY, the Bitcoin has moved right from a low of the 4150/BTC up to the 4260/BTC just right between five in the morning until six, and take note, it all happened in the exact same morning and gaining for over and around or 2.7% increase in the charts! Regarding this height, it was recorded that has reached twice with the recent June and July in this same year of the 2016, right before the Bitfinex attack and between the 2013 of November and 2014 of January.

Is it a hint of Renminbi being included right in the SDR basket? Well, let us just see it then! Following the coming into the effect onto the 1st of October with this year 2016, the inclusion of the Chinese RMB right in the SDR basket have already met the existing criteria and was also approved by the Executive Board of the IMF in the last year’s November. And it is worth noting as according on the IMF’s adopted formula assigned to settle on the currency weights in the Special Drawing Right (SRD). The Chinese Renminbi right at this very moment weighs as the third, right after the US Dollar and the Euro of the top five currencies in which also includes the Japanese Yen and the British Pound Sterling. The US Dollar garners the 41.73%; Euro on the 30.93%; Chinese Renminbi on 10.92%; Japanese Yen on 8.33% and the British Pound Sterling on 8.09%; regarding the percentage of the top five currencies in the SDR basket chart.

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ZebPay Endeavors to Fuel the Bitcoin Mainstream Adoption in India

And Indian Bitcoin wallet provider the ZebPay was all set to secure a worth of $5 million US Dollars in funding right from a prominent US-based venture capital firms. The ZebPay Co-Founder Saurabh Agrawal gives a statement in an interview that the company is perusing major deals together with the leading investors to be able to obtain a multi-million Series A of funding round in which will raise of a total investment in ZebPay of over and around to $6 million. In the early January of these year’s, the Indian Bitcoin startup had secured a worth of $1 million US Dollar investment right from the angel investors in which includes Jindal Worldwide Managing Director Amit Jindal and leading the round with a personal investments.

On regarding the rapidly growing user-base at the moment that the ZebPay’s objective was to be able to establish a count of 25,000 active users in which was significantly high in considering the premature Bitcoin infrastructure and industry in India. But within the certain period of time in which to be exact was 10 months, the ZebPay team has surpass their aim and reached of over 100,000 active user milestone with a hasty user growth at the count of 20,000 users in each month or per month. “The count of over 100,000 downloads is a sign of massive milestone for us. And we are currently accumulating 20,000 users each and every single month that brings us much confidence in regarding on meeting our target of touching of over and around the count of 350,000 downloads by the end of these year’s 2016! Right at this very moment, we are on a mission of spreading the Bitcoins all across India. And we certainly believes that it has the potential to showcase a technological interference right to the financial infrastructure,” as mentioned by the Co-Founder and CTO of the ZebPay, Mahin Gupta.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Which bank are you using for bank deposits ?
For U.S clients who want to deposit in USD, is it via an IBAN/Swift or ABA transfer/wire ?

Thank you.

Norway Will Withdraw a Worth of $15 Billion Right From Its Wealth Fund In Which Can Eventually Put Bitcoin In Portfolio?

Norway was at this very moment planning to withdraw a worth of over and around NOK 121 billion in which is nearly closed to $15 billion US Dollars right from its sovereign wealth fund in order to cover its losses right from the oil revenue. With this certain idea that the Norway’s sovereign wealth fund could be put out in the cryptocurrency right in its portfolio in which now sounds untamed, but in the reality it could really somehow happen and it is approaching real soon!

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Legality of Bitcoin in Zimbabwe Does Not Fond in Multi-Currency

One tricky question that lingers around in Zimbabwe was how legal and useful is Bitcoin in Zimbabwe as the country has been facing difficult economic circumstances for over decades? The South African country has several issues right with its currency that has almost brought it to its knees. And it has found it severely hard to move forward with the prospective to revive the economy.
As according to the compliance officer at the Bitfinance, Simbarashe Machiridza, in which the company is an exchange that serves users all across Africa, as the Bitcoin use is legal in Zimbabwe but it is not a legal tender, as that is and it is “… Even though it is not against the law to have the Bitcoins in your pockets and no one is legally obliged to accept the Bitcoins as means of payments for a debt, goods and even services. In other words, you cannot force anyone to accept your payment if you are paying them in the form of the Bitcoins.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

Cambodia: Bitcoin’s Mass Adoption Still in the Outskirts!

Cambodia is a country that certainly uses multiple currencies and also may hold the key into mass adoption of the Bitcoin. Cambodia uses dollar sets as the main reasons were there is a multi fold. And also one of it was the prices are extremely low, and a dollar can purchase you a nearly 6 to 7 pastries at the local bakery. Second is there were no coins at all, in which means that while you pay in the form of dollar, you can get back your change in the form of Cambodian Riels. And it really seems like the 1 dollar is about the summation of around 4000 Cambodian Riels. While at first getting your change back and also doing the mathematics maybe puzzling, you can also get used to it as the time goes by. In the most non-touristy shops the prices are marked in Cambodian Riels. Divided by into 4000 and you can pay in form of dollars or you can also simply shell out the Riel. Of course at the ATM, you can get either of the two, Riels or dollars; but most ATM’s simply emit dollars. A sort of a big problem though it remain getting change for bigger dollar bills. And if you carry out around the denomination of hundreds that you have freshly withdrawn right from an ATM, it will certainly send you on a struggling point over the time.
Cambodia perhaps is the one and only country in the entire world with its doubtful distinction of blowing up of the national bank. And certainly there are several readers would adore the idea that the national banks just vanish...

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ARBITRAGE

Bitcoin prices in the largest BTC Stock Exchanges! The last 24 hours!
Take a look: http://ecoin.eu/en/arbitrage/index

Now Accepting Bitcoin Donations: Major Tech YouTube Channel Hydraulic Press

The Hydraulic Press Channel is one of the most known and favorite technology-centered YouTube channels with over 1.5 million of subscribers has started to recognize Bitcoin donations through the assistance of the ChangeTip.


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The Live Streaming Video Platform “Twitch” Brings Back the Bitcoin Payments Together with Coinbase!

The Amazon-owned live streaming video platform the Twitch in which is an integrated Bitcoin back in August year 2014 has started to offer and serve the Bitcoin as a payment option in their choices of payments using the Coinbase payment processing gateway since the 21st of August year 2016.
It was already two years ago when the Twitch made a joint venture with the gaming payments giant the Xsolla to offer and successfully provide various payment options right to its users and gamers. Even if the Xsolla network users were able to support and yet also assists their favorite gamers and streamers with the utilization of the Bitcoin, in which requisites them a significantly small transaction cost of fees and the processing time was quick and much easier being compared with the traditional forms of payments. Nevertheless, as the Xsolla development team had eliminated the Bitcoin right from its payment network, the Twitch users were also being disallowed right from using the Bitcoin at the exact and same time. The certain incident of turning down and exclusion of the Bitcoin as payments had brought exasperation with several users and gamers on the network; significantly the patricians of the live streaming video platform in which was the Twitch, who had no accessibility within the conventional forms of payments such as the credit and the debit cards.

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The Netflix Executive Desires Bitcoin as Global Currency!


At the Citi Internet, Media and Telecommunications conference, David Wells who’s the Netflix Chief Financial Officer had spoken his sanguinity towards the Bitcoin and also on how it is molding to become the global currency of the most significant industries. And according to Market Realist, a well-known investment research establishment in which had covered the event, David Wells acknowledge that “It definite would be pleasant to have the Bitcoin in requisites of a global currency that you could use internationally.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

Spread the Bitcoin in Africa, and The United Nations Seeks Volunteers!


The United Nations has been in quest of searching for applications of the volunteers to help spread and increase the Bitcoin adoption and acceptance in Africa. The posted in the advertisement on the OnlineVolunterring.org claims to be the United Nations volunteer portal, the inevitable post calls for the qualified candidates to volunteer their very own time to help educate the youth of the Sierra Leone regarding the Bitcoin...

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China: Turning Into Bitcoin as an Alternative Asset?


The strict financial policies that were being imposed onto the local traders and on investors China prohibits on putting their investments into assets outside of the country’s borders. And the high profile traders and also the traditional investors are now switching their paths and turning into the Bitcoin as an alternative asset. Dissimilarly with the most traditional forms of assets and investment approaches in China, the Bitcoin, is one of its kind in a certain way that the investors and the traders can effortlessly and quickly move the cryptocurrency out of the country regarding with no borders and boundaries. And since the smuggling of the Chinese Yuan, gold or any other precious metals is sternly illegal in China, the investors frequently struggles to be able to deal with the issues in moving or transferring their very own wealth out of the country.
More significantly, the instability of the Chinese Stock Market has already run a substantially massive numbers of investors apart and away right from the local investment opportunities, the stocks and also the assets and opening a mammoth opportunity right for the high liquid international asset like the Bitcoin that carries drastically high exchange rates all over around the world. As a direct outcome of the constricted financial regulations in China, the Chinese Yuan has begun to dominate the Bitcoin exchange markets globally together with the accounting summation of 94% of the Bitcoin trading that is being recorded in August. As according with the Bitcoinity’s comparison chart that was created and established by the Quartz’ Joon Ian Wong right between the United States of America’s dollars and the Chinese Yuan in which the two most dominant currencies right in the Bitcoin exchange market these days and the Chinese Yuan has taken the US dollar-to-Bitcoin pair ever in the late moments of the year 2012 and therefore also keeps on dominating the market since the year of 2015.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Nice website layout I like the website design.I am really very happy to see a new trading site.need to more marketing for this site to get popularity to people.A trading website need to have strong support system and trustworthy. For making trustworthy need time.hope people will got best support system.also need to time trading because people not want to lose a single penny.its my opinion as I see some people post different kinds of feedback.bye the way best luck eCoin.eu  :)

 Thank you for your positive comment and advices! Our aim is to create a simple usage and trustful platform. We want to stay at market for a long term.

The Top 3 Bitcoin-Related Project in Italia: Bari, Milan, and Rome


The old country Italy is way in the lead of the several others when it comes right to the Blockchain technology. Just take a quite shot of the possibility of booking a taxi in Rome with the Bitcoin. On the other hand, there are numerous interesting ideas in Italy these days. There are several of the most important Italian FinTech figures have spilled it out regarding their innovated Bitcoin-related projects.
In Bari, there is a University that certainly supports the Bitcoin education. Right in the Southern Italy, the Bitcoin Foundation Puglia promotes a master class regarding on the Bitcoin and the Blockchain with a particular focal point right on the subject matter of the tax and legal aspects.
These unique even happened last November with the registration the ends last 21st of October. As according with a lawyer Giuseppe Grisorio of which was the President of the Bitcoin Foundation Puglia that,” The course’s goal is to be able to train legal and economic operators to understand fully, negotiate, regulate and also provide an expert advice on regarding the purchase, production and the sales of the cryptocurrencies.” The master endows with seven meetings within the duration of two weeks.

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Sending Physical Products via Blockchain

It was not a very long time ago when the Blockchain was just a glimmer in a Satoshi Nakamoto’s eye right before it launched the transformational decentralized digital currency named the Bitcoin. And right after many successful years of testing, all the way through millions, if not billions of transactions through it around and across the globe, and it appears the mainstream is quite impressed enough to make it jump right into its waters.
The latest exemplar is a new venture right between the Wells Fargo Bank and the Commonwealth Bank of Australia that is utilizing the Blockchain technology at this very moment. This particular joint venture was sending physical goods all across and around the globe together with some of the smart contact that is thrown in for great measure as based with the Bloomberg. And it seems that the maiden voyage of this new use of the Bitcoin’s innovative Blockchain technology has already just begun. And a ship had already left Houston, Texas and heading for Qingdao, China carrying with 88 bales of cotton. And there are not just any other ‘ole bales of cotton. The $35,000 US Dollars worth of Brigham cotton will be the initial test run of a new means of doing the global trade finance. And we all knew that in about the summation of over two weeks if the eagle has already landed right on a Blockchain...

Read More: www.ecoin.eu (http://www.ecoin.eu)

It Is All About Litecoin

Litecoin is peer-to-peer or P2P internet currency that facilitates instant; and the close to zero cost of payments to every single person who’s making its transaction at anytime and anywhere in the entire world.
And Litecoin is an open source, a global payment network that is fully decentralized without having any central authorities. The mathematics sheltered the network and at the same time empowers individuals to take control of their very own finances. Litecoin features a quick and reliable transaction confirmation times and also improved storage efficiency than the leading math-based currency. Together with the strong industry that fully supports, the trade quantity and also the liquidity and Litecoin is a proven medium of the commerce harmonizing to the Bitcoin.
How has Litecoin ever started? Litecoin was released utilizing an open-source client on the GitHub on the 7th of October year 2011 by Charles Lee which is a former Google employee. And it was a fork of the Bitcoin-Qt client in which differing primarily by having a decreased block generation duration period and increased the maximum count of coins, then a different hashing algorithm with the script instead of SHA-256, and lastly with a slightly modified GUI...

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South Korea and Their National Digital Currency

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South Korea is making their best efforts just to be able to gear up right for the “Systematic Groundwork” for the spread of the digital currency. South Korea’s Yonhap agency in which was the country’s host of the recent, 12th FinTech Center Demo Day Event right where the Chairman of the Financial Services Commission or the FSC, Yim Jong-Yong has affirmed that the South Korean government would also offer the summation of over $2.65 billion right in the financial support over the next three years for the development of the FinTech sector. And it has been reported that the new Bitcoin-centric events in South Korea in these recent times and how the things are quite changing swiftly in Korea in sync together with the developments in the United States of America, Japan, and the other nations.

The thrust right for a national digital currency is not that new. Several of the other countries have been toying with the idea particularly including the Netherlands, United Kingdom, Canada and even China. And we all knew right from the Yonhap news release that while a consortium right on the Blockchain will be launched this year by the government. And it is quite significant to point out here that the FSC is the South Korean office was being responsible right for the financial services. And they even recently have also launched the world’s first FinTech open platform to be able to ease the development of the innovative FinTech services. And the FSC describes the future of this particular platform right on their website that, “The Korea Financial Telecommunications & Clearings Institute and the Koscom will be able to provide the virtual data and the simulation environments right for the FinTech firms to be capable of run testing the operations of their FinTech services and to have the ability to offer the technology consulting services. And the Financial Security Institute will ensure every single person the constancy of the FinTech services and the financial consumer’s safety right before the launch of the services.”

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Digital Currency: East Asia is taking the Lead!

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If the South Korea does issue their national digital currency, then it would a revolutionary step, but it would not be the very first country to have it done so. And this has been already done by Ecuador, and it is the very first country to be able to issue digital money. On the other hand, the South Korea’s national push in supporting the Blockchain technology as a pattern right in the 12th FinTech Center Demo Day Event is without a doubt creditable.

South Korea’s neighbor, Japan has taken their step to capitalize right on the Blockchain and the Bitcoin wave. And Japan has ever gone so far as to recognize the Bitcoin and the digital currencies as money. There is beyond doubt a growing interest right in the digital currencies in the East Asia, and with Japan having a well-established culture of currency trading. Bitcoin.com in an article has asked the question of “Is Japan Becoming The New Bitcoin Trading Superpower?” Then the article has read that “Recently, the increasing of the Japanese volumes could also simply be the outcome of a national fascination right with the FX trading and a more lenient regulatory approach to the digital currency business.”

The question is who really will be the very first to come out with an entirely digital currency and would it be embraced by the people too? As the Founder and CEO of Cashaa mentioned that, It appears like more of the raison d'être that there is no developed nation would probably desire to remain last in the game, but have no concrete plan on what to do next. With the United States of America, Japan, United Kingdom and now followed by South Korea, it is too early to say of where exactly it will head. The Bitcoin-based cryptocurrency is still in the experimental state and to utilize it to replace the current monetary system is a significant risk to face. We, as humans, we are in the phase of never evolution, and the growth will keep on happening and taking place sooner and later. And the proclamation made by the Financial Services Commission chairman to gear up and amplify the FinTech sector together with the support right for the Blockchain will political strengthens its place right in the Blockchain technology race.”

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The Bitcoin and the Mobile Payment in Africa

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Indications are ubiquitous that the Bitcoin use will grow in parts of Africa right in the upcoming years in the mobile payment market in which the statistics unfolds and also the Bitcoin is anticipated to increase up to the summation of 101.34 million users in this year of 2016 actually.
The Co-Founder of the Chankura of South Africa, Thabang Mashiloane utters that they have discovered that there is ±13% of the $128 billion that has been flowing within the premises of Africa in terms of remittances and the hefty number of the unbanked Africans are living outside of their home countries that would similarly be served better in the coming years right when the limitations are established by means of lack of infrastructure right for the Blockchain / Bitcoin use cases by the most African countries is addressed. And this, he noted that it would be at the expense of the mobile payment. And Thabang Mashiloane claimed that “I think that the African continent will be one of the top adopters of the Bitcoin.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

Singapore, Australia, and Mexico: Citibank Brings Digital Global Wallet

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As one of the popular global banks that have been zigzagging with the Blockchain technology, Citibank has made an announcement to the public of launching a digital wallet that will offer their customers with an option for an online, an in-application and also in-store payment necessitates. The launch of the Citi Pay accompanies the bank right into the mobile market in which it is dominated by the leading brands similarly to PayPal, Apple Pay and also the Samsung Pay.

The wallet in which was the most recent digital payments statement right from the bank and also will first launch in the countries like Singapore, Australia, and Mexico together with the tap and pay aptitudes, and also a global rollout will follow right for the customers as a digital extension of their current card relationship. And it will also launch right in the United States of America in the early year of 2017, together with an online, the in-app and also the tap and pay capabilities. Right in the United States of America in earlier this year of 2016, Citibank has made a venture with the Early Warning’s clearXchange network to make possible it’s online and mobile banking customers to be able to send or receive a real-time person-to-person or P2P payments to or from the customers of the participating network banks. It also enables the Samsung Pay for its card members residing right in Singapore and Australia at the same time.

With more than and the summation of over 100 million customers coming from the major cities all across and around the rundown of the 19 countries, Citibank has crystallized the idea of the Blockchain technology as a welcome addition right into the bank’s infrastructure. Right in the Blockchain sphere, the bank right in the United States of America Digital Banking, a report in which was published last June, entitled with the, “Could The Bitcoin Blockchain Disrupt Payments?” in which examined on how the technology will threaten the traditional banks’ place right in the economy. And it also elaborates on how the payment system in which was based on the technology behind the Bitcoin and as combined with the other innovations, perhaps it can fundamentally change the financial service sector; and it must be an outlook as a great opportunity.

Right at this very moment, the Citibank was also working right with the Blockchain startups in particularly with the Chain who had built the Blockchain networks. Nevertheless, it has remained and yet still conservative right on continuing the relevance of the centralized, and traditional settlement systems.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Government Seeks Supplementary Control in Paper!

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Right in the midst of India’s sudden currency reforms the cash is facing a global crackdown as the government’s move was to take over the control right over the transactions and the paper in the pockets of the people! While the mayhem keeps on urging right on the Indian subcontinent right after Prime Minister Modi had withdrawn the two of the biggest Rupee notes happened to be on the 8th of November, elsewhere other countries are following suit in which complies with very diverse rationales.

The lesser the cash, was it good for the banks? As all across the Indian Ocean, the Australian banks are calling for the scrapping of the dollars of which was the Australian Dollars or the AUD on its highest-denominated cash notes and even the removal of cash altogether? In a recent report, the investment bank UBS has made the case for scrapping $100 AUD and $50 bills in which accounts for the 92% of circulating AUD by value. It also presented the data in which was showing year-on-year drops right in the ATM usage as compared with the mounting credit card transaction numbers.
And the reports have stated that “We deemed that removing the large denomination note in Australia would have a great outcome right for the economy and also will bring good for the banks as well.” Right in the intervening time, the Citibank’s operations in Australia are set to lead the cashless trend and together with the bank declaring that some of its branches will no longer handle cash at all. As the Head of the Retail Banking says that “This particular move right into cashless branches reflects the Citibank’s commitment right into the digital banking and we are certainly investing in the channels that our beloved customers prefer to use.” And a survey in which was conducted by the local bank Westpac last September had further showcase what is apparently a public preference to eradicate the cash transactions. And it found that there are over the summation of 79% of Australians that totally agree that a cashless society makes a total sense.

The criticism of the cash retirement is frequently heard right within disruptive technology circles in which was the banks reeling in the paper means and there is more control over the costs and the money supply and as well as a greater observation of the populace’s transactions. And at the exact and also the same moment, the reduction of cash is considered an almost impossible task right in the economies such as India, where the vast majority of the population count is unbanked and also relies upon the cash or conceivably, right in the future, and in the mobile-based Bitcoin microtransactions. As an another case in this certain point, Venezuela’s decision or regarding the limiting of the ATM withdrawals to the equivalent of just $5, highlights the desperate attempts of the government to be able to take full control of the uncontrollable. And similarly to India, the country’s economic despair have caused the spike right in the Bitcoin curiosity and interest together with the exchange rates that were showing the consumers who are ready to purchase at a premium. The local new resource Diario Bitcoin noted that the rate of Venezuelan exchange in which is the SurBitcoin is right on the brick around the summation of $875 and over 15% higher than the average market rates.

Read More: www.ecoin.eu (http://www.ecoin.eu)

There Is A New Dollar Currency Right In Zimbabwe!

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Zimbabwe has begun printing bond notes that are purportedly dowelled to the United States of America dollar as a means into a restrain inflation as the other countries have made their way into the Bitcoin. Right in a renaissance of the African country’s currency has not being seen in the last seven years and the central bank is endeavoring to restart a Zimbabwean national currency while simultaneously preserving its very own worth right from the inflation. The new bond notes are dowelled into the US dollar, supposedly backed by a $200 million bond facility together with the Afreximbank as a safeguard against the swiftly losing of its worth into the hyperinflation as was the case right with the nation’s last currency. Zimbabwe has faced a currency predicament beginning in the late 1990s. As the inflationary practices being conducted by the central bank has led into the hyperinflation, and doubling the prices in the year of 2001, and making the prices doubled closely in the every single day basis in the year 2007. And in the year 2009, the government had stopped printing money and has effectively taken the Zimbabwean national currency out of use. And since then, the economy has relied on the foreign currencies for a day-to-day transaction basis.

In spite of this certain effort to be able to curtail the runaway inflation by pegging the nation currency to that of a more stable government and also an established economy, the new bond notes have still reflect a lack of trust in the government’s grounds together with the price that they trade for onto the black market US dollars are still accepted at a higher price rate than the bond notes billed as being worth the very same amount. This market value discrepancy has led into illegal money chargers exchanging notes right in the streets. These money changes dot the streets of Harare in maintaining a quite bright step ahead of the police in which was eager to shut their operations down into the ground. And their continued business has shown that the government’s pledge of the new bond notes being inflation bullet proof ring has to hollow the very minds of the populace.

In the countries where the national currency experiences depreciation and deterioration the consumers normally flocked right into the alternative stores of value, particularly the Bitcoin. And in Zimbabwe, the Bitcoin is not illegal but it is not considered as a legal tender either in which defines, one cannot demand its payment for the goods and the services. And this certainly leaves it open right in the possibility for the Zimbabwean to be able to embrace a more unwavering currency at the very least for the time being. As the India’s recent economic disturbance has also proved that the fertile grounds right for the Bitcoin adoption. And the country’s two highest-denominated banknotes have been taken out right in the circulation in which have caused the hardships for the country’s unbanked as well as twinge those who are not being able to exchange their old banknotes right for the new ones. This absolutely led into a recent surge in the Bitcoin usage all around and across the country. And Venezuela has likely experiencing the currency issues at the same time as a part of a full-blown economic fall down had has also made their way into the shift right into the Bitcoin as well as the Dash to be able to stem the ill effects of a runaway inflation right into the national currency.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The iPayYou Reveals the Bitcoin Payments for the Amazon

The Bitcoin payment gateway iPayYou has stated its Black Friday-inspired Amazon Direct as an integrated tool that is allocating the users to purchase on the Amazon in using their Bitcoin. There are over 100 million of the Amazon products right for the Bitcoin!

The iPayYou in which was launched in this year’s 2016, May, has rapidly amassed the range of tool in which lets the consumers shop right from the mainstream merchants without even touching their fiat currency. As the Founder and the CEO, Gene Kavner has mentioned in one of their press release that, “The Amazon Direct is revolutionizing the means that the consumers are able to spend their Bitcoin by just simply granting them to access to purchase for more than 100 million summations of products at the world’s biggest store.” As the iPayYou previously offered gift cards for the retailers in this includes the Amazon, Starbucks, and iTunes, which the consumers could possibly purchase with their Bitcoin. Its concept is similar right to that of an extant startup Purse.io in which also offers discounts right on the Amazon to the consumers in using its portal to pay with the virtual currency.

Gene Kavner is keenly eyeing a persistent gap right in the market. As a former Amazon Executive, he had noticed that the constant friction right between the customers and the payments is at the very moment that these were conducted by the use of the traditional means. As he mentioned that, “During my time as an Executive at the Amazon, we nearly studied the friction points and also the complication that was being faced by the shoppers in which includes and specifies with the payments.”

Was the Bitcoin is a key solution to do many of those problems? The Amazon Direct tool comes in the form of an integrated tab right in the iPayYou’s platform. The users can fully specify the amount of the Bitcoin to be sent, and whereupon it is completely converted into USD and then added right into their Amazon balance. The users can then shop on the Amazon in using this USD credit line. Gene Kavner wholly describes it as “the most direct means to spend the Bitcoin anywhere and anytime.” And he also stated that “As we want the Bitcoin to be the every single day default currency and the very only way for that to become a reality is to be able to provide the consumers with the practical ways to spend their Bitcoin.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

Venezuela: Bitcoin For Their Basic Goods!

The Venezuela’s national currency in which is the Bolivar Fuerte is hastily bringing up rare value right into the middle of the hyperinflation. And the official foreign exchange or the FX value of the Venezuelan Bolivar is recently at $1 to 9.95 VEF but in the veracity check right in the entire country’s black market, the local inhabitants were paying around the summation of over 5,000 VEF for $1! And to be capable enough of steering clear of the devaluation of the Bolivar and also obtain the essential daily goods at the exact and the very same time, the Venezuelans have begun on relying on the Bitcoin to be able to finance their day by day expenses and needs.

According to into the local exchange rates, the summation of 100 Bolivar is corresponding right into a total of $0.02. As we all have known, the 100 Bolivar is the country’s premier denomination banknote but still the government has demonetized it on the earlier part of last year’s December. And as an outcome, the Venezuelan economy and also their monetary system was experiencing havoc and tragic downfall and the people of Venezuela were struggling to be able to obtain cash right into financing their every single day living basis.

And currently, the largest denomination banknote is the 50 Bolivar in which worth equals with a total of $0.01. So just for a quite example in their situation, the Venezuelans would possibly need a summation of 200 of the 50 Bolivar banknotes to be able to purchase bread or else a meal, in which is around a total of $4. And according to in the Bloomberg News Chief in Venezuela, Nathan Crooks, the citizens of Venezuela are having stacks of cash right into their pockets, purses or handbags just to be able enough upon purchasing the basic needs in which pertains to food, toiletries, water and etc.

And the very reason why the people do switches right into the Bitcoin is… The Bitcoin as a decentralized digital currency showcases enough qualities in which underlying with the high liquidity; unwavering global exchange rates; and most notably was it's transportability. And even if the Venezuelans do purchase the US Dollars on their local black market; the currency controls right in the airports and also into the borders and makes it almost unfeasible to be able to bear foreign currencies outside of the country.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Tips Upon Pulling Off The Mass Adoption For Cryptocurrency!

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The Bitcoin in which is the world’s biggest cryptocurrency keeps on taking its move upon defying all expectations of an early downfall and soar higher right in its value and usage through time to time. And its adoption as the everyday cash was still slipshod in the midst of the ordinary populace and it’s been what, almost eight long years right after the digital currency were born and had first emerged in the global market.

Despite the fact that it was labeled as the “first cryptocurrency” at this very moment it is not making a loud bang anymore, but the title as the “digital cash” still remains uncertain yet also unclaimed, and still on the line to be budged by any other digital money. And to be capable enough to become the widespread medium of the exchange right in the great swaths of the world, and a cryptocurrency foremost requires upon fulfilling a quite number of necessities.

Tip Number One – Trouble-free and low cost of fees per transactions. Just set aside regarding the cryptocurrency for a moment. Right at this period, the ordinary citizens turn to use either of the cash or the card for everyday basis of the transaction. When you talk about the cash, cash has no transaction cost of fees but it acquires you to be physically at hand and also have a sufficient change, while the card transactions are comparatively instantaneous although it has final confirmation and frequently occurring at the very next day, and even though the cost of fees are reasonably expensive it is adequate to be able to disincentivise quite small transactions. And any single cryptocurrency is a massive desire to be able to make inroads together with the ordinary people and hast to beat neither of the two by having quick, reliable and much more affordable cost of fees in each and every single transaction.

And the Bitcoin has been showcasing this quite advantage above all. Although the margin in which it is growing slimmer by the very day, and even if it may not be sufficient to be able to entice the entire public to be capable upon deserting the traditional financial means. And any of those two in which were the cash or the card replacement has to be superior by an outsized enough margin to be able to warrant a change. And it quite the same when it goes regarding the cost of fees. Cash has no required fees. The other money transfer tools pertaining right into the cards and the bank accounts are being capable enough upon charging fees due to the fact that they are always been able to function all across borders and great distances together with a greater quality and efficiency. While the cryptocurrency has those exact and the very same advantages over cash, and as such can be anticipated to have an associated transaction fees at the same time. On the other hand, that certain fee must be notably lower in order to allure your average consumer to keep away right from the banking systems. Big companies can manage to pay for major payment charges to be able to save just a few cents each and every single transaction that they will make right because of the massive scale that they can showcase, but the ordinary populace, sad to say that they cannot afford that much.

Tip Number Two – Progresses Right Into The Bitcoin’s Basic Figure. The Bitcoin maintains a mammoth step ahead when it comes right into the adoption than the other cryptocurrencies. Compared with the traditional financial systems, the Bitcoin can be able to provide adequate benefits and also progresses to be able to warrant a switch. And it a certain currency would desire to beat the Bitcoin as the new money, it has to be independently much better. A quicker, more reliable and much cheaper transactions plus the factor of more anonymity, a much-improved governance structure and also any other features are necessary to be set right in another coin to be able to justify its very own use and also its adoption. And if all of sudden a cryptocurrency can be able to pull out stuff like the Bitcoin in the very exact and also the same way, its chances of taking over as the digital money of the near and approaching future will be tremendously slender.

Tip Number Three – An Aerodynamic Bitcoin Substitution Method. At this very moment, the Bitcoin upholds an immense lead right in the adoption over every other cryptocurrency. And that certain lead has gained an assurance and also its publicity, not just of the Bitcoin alone, but also of the cryptocurrency and at the very same boat is the Blockchain technology. Giving the very best shot to be the finest of the great front-runner of the digital currency right from the scratch and also without a truly confounding altitude of difference right between the two, will not merely take place. The only way to be able to compete and catch up with the Bitcoin, as pointed out beforehand, it to be capable upon providing at the very least as much as the utility and also a hefty chunk of the Bitcoin’s utility is its key right in the adoption lead. And what any other cryptocurrency requires, right then is a quite simple and proficient means to be used right in the Bitcoin’s place in which pertains with an automatic exchange built right into the wallet.

Tip Number Four – A Trouble-Free Fiat Currency Conversion Scheme. Whether you like it or not, the entire world at this time still runs on a government-issued fiat currency. And living a completely off of the cryptocurrency, without any single means of the conversion right into the fiat was enormously hard enough at this very moment and not a feasible choice for the most number of people. The average person will possibly need an effortless way to be able to purchase and also offload a cryptocurrency at the very same time so it will be a convenient option right for them. And most of the cryptocurrencies are only without a doubt accessible upon getting your hands on the Bitcoin, first. And in order to become fully dominant and also extensively accessible at the same time, that crippling dependence right on the Bitcoin wishes to end.
Tip Number Five – A Much Aggressive Adoption Promotion In Which Targets The Common Populace. Finally, to be capable enough to entice the world at a massive extent, the digital currency needs to be presented right in a way where it can resonate with most number of people. And at the same time, some of the technical users will much care about the hash rates, the cryptographic keys, the smart contacts and also the ring signatures, that the average folk will not. In which particularly means that they needed to reach out with the language of a cheaper cost of fees, more rapidly access right into the funds, with extra reliable security and also less paperwork, and etc. And the only way that any single body must know why the cryptocurrency totally makes sense right for them is for someone to tell them why or even how. And to be able to attain that, a flourishing marketing campaign is quite necessary.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Yes To The Bitcoin Investment!

The United Kingdom’s Channel Islands have given their approval right into the Global Advisors Bitcoin Investment Fund or the GABI in which making a mark the launch of the world’s first listed and regulated Bitcoin fund.

GABI in which was first known since the year of 2014 is the Global Advisors’ first innovation and later on the group had launched the COINXBT and the COINXBE in which are both made a remark in pioneering debuts on the Swedish Nasdaq.

People were asking, is it the right time for Bitcoin? Well for GABI, “Time is right for the Bitcoin” in which the Global Advisor Principal Daniel Masters had stated right in a press release. As he continues to reveal that the Bitcoin right now has a market capitalization of over the summation of $12.4 billion in which is an all-time and together with roughly 16 million coins in issue. The Bitcoin is the leading digital currency in which ranks at the 73rd place right in the total amount in the circulation on the global list of the M1 forms of money. He also claimed that the recent analysis in which shows an eight-fold increase right into indirect value by 2026 also lend a hand urge the listing.

And GABI is being supported by the local firm Verras Professional Services, whose Director Jonathan Bale is also the specialist at the alternative asset law firm in which assisted the fund list productively. The pay-off right from the exchange listing is not least enhancement to the funds’ repute, he also affirmed that with GABI right now we’re able to illustrate the oversight based on attentiveness and monitoring that comes together with the regulation and an exchange listing at the same time. He also added that this is the proof right into the hard works that the Global Advisors’ principals… have set into developing an institutionally vigorous contribution.

The fund was already the very first regulated Bitcoin fund at its launch right from the past two years ago; together with Daniel Masters toting up that the new first was nevertheless an outcome of how far the innovation had come. He commented that in today’s listing of GABI on the CISE recognizes how far we have made it over the last two years since GABI was launched as the world’s very first regulated Bitcoin fund as well as the transformational part the Bitcoin is beginning to portray as a global currency and its emergence as a significant, uncorrelated asset class for the investors.

On the other hand, the pursuit right for the dexterity of the Bitcoin instruments is in the intervening time far from over. And in the earlier part of the last year’s 2016, the fellow British territory Gibraltar had launched the very first Bitcoin exchange-traded instrument and it also became the Europe’s very first regulated Bitcoin instrument and the trading on the Gibraltar Stock Exchange and Germany’s Deutsche Börse.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Mexico: Cancun-Based Group Promotes The Bitcoin!

Recently, you cannot go that far together with Bitcoin right in Mexico! But on the other hand, a Cancun-based group in which is the Bitcunner is working to be able enough to change that view and by promoting the use of the Bitcoin and the other cryptocurrencies right in Mexico. The group consists of IT experts, consultants, and also software developers that are pouring their heart and their skills to make the Bitcoin accessible in Mexico. Formed right after the Linux Group concept it is their main concern is to be able to reach all Mexicans with the Bitcoin knowledge and the user support.
A founding member of the Bitcunner, Alejandro Colorado mentioned that they wanted to establish a worthwhile knowledge base right on the way into a better use of Bitcoin and the other cryptocurrencies on and offline. In year of 2014, the Central Bank of Mexico has discouraged the Mexicans right from using the Bitcoin and the other cryptocurrencies by the means of issuing a warning that turned the virtual currencies with an image of being risky and unreliable. The groups similarly with this are consequently well-timed and essential in.A Mexico. As the organization runs a social media network pages, chat groups and forums and according with Alejandro Colorado, they are also doing an offline meetups, interviews right on the traditional media and conferences all across and around various universities at the same time.

Does the Bitcoin have an awful reputation on Mexico? Well, unfortunately, the traditional media has promoted the bad sides of the Bitcoin. That is why we desire to erudite the people regarding what it actually capable with and as a community; plus it could be much easier to showcase more open environment, and having a reputation for being a high technological community makes the people more comfortable with the message. That is why we are also teaching any other communities all across the nation to create their groups as well, as quoted by Alejandro Colorado.
With this certain period, the group’s main agenda is to push for the merchant’s acceptance of the cryptocurrencies as the payment right for the goods and the services as well. And even though that there are hotels and restaurants that accept the Bitcoin; and although the usage of the Bitcoin is still expanding right into the world, further education and enlightenment regarding the digital currency is much needed. And the group still hopes to be able to educate more and more businesses on how to use the Bitcoin in healthier and improved ways.

Bitcunner truly deems that with the proper education regarding the Bitcoin, it could possibly take right into deeper roots in Mexico. And the other aspects in their point of view that will aid the Bitcoin adoption in Mexico are insensitive and unprofessional conduct of the monetary system. And we presume that the constant devaluation of the nation currency of Mexico have been edifice an attestable proof of how smart of an investment is it to get into the Bitcoin. And with President Donald Trump’s administration has set to block the Mexican migrants’ remittances right from the United States of American into Mexico, and supplementary education and also promotion at the same period is quite needed of the Bitcoin to spread in the Latin American country.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin Platform For Natural Disaster Donations!

An Italian startup produces a Bitcoin platform right for transparent disaster donations. HelperBit is the Italian startup that has created the platform to manage the natural disaster donations.

The project was established in the industry in the year 2014, and only now it has started to accept donations and also thanks to its collaboration partner together with an Italian non-profit organization Legambiente for making things possible. And based on the recent press release, HelperBit will fully assist Legambiente to be able to raise funds right for its campaign entitled with “The Rebirth has a Young Heart” in which aims to dedicate to the youth entrepreneurs right in the Italian areas that have been affected by the earthquakes in the year 2016.

A wholeheartedly with gratitude to the Blockchain technology, the HelperBit just add another channel right for the fundraising and it fully showcases to the donors a crystal clear figures and explanation on how the economic flows. Davide Menegaldo in which is the COO of the HelperBit and who is also the Co-Founder of the Blockchain Education Network Italia utters that the Blockchain technology has the very potential to be able to provide the substantial benefits right into the humanitarian sector and together with the HelperBit we aspire at getting a non-profit organization's closer right to this particular innovation to be able to enhance several features of their operative infrastructure. He fully emphasized that he was delighted as the open-minded and popular Italian organization like the Legambiente has adopted this certain technology and he truly look forward that the other organization will soon be able to understand that the Blockchain can take the lead in assisting the reshaping of the charity sector, improving and lessening the suffering of the entire human race.

To embark with “The Rebirth has a Young Heart” endeavor, the Legambiente has relied on the HelperBit to scrutinize the overall summation that was received right from the charity donations and later to ensure of how the money will be spent. The National President of the Legambiente, Rossella Muroni has noted in one of the press release that by with the choices that we made, at this very moment we are leading a non-profit organization in Italy and right among the few in the entire world that are accepting donations all the way through this particular payment method in which was the Bitcoin in which guarantees into the donors a full traceability and transparency of both of their contribution and the outcomes that is being obtained right from it.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Unocoin and BitWage: Cheaper Remittances For The Largest Remittance Market In The World!

India is the largest remittance market in the entire world and in fact, the entire country depends on a great degree on inward remittances since the global economic crisis of the year 2008. And this is not a surprise as the Indians form the world’s largest Diaspora and that is based on the figures that are released by the United Nations. And in the past five years, there are more than two million that have gone and migrated abroad. In total, there are about 15.6 million people that are born in India and now are residing abroad. And according to the Wall Street Journal, the Indians who are working abroad have sent over a record of $72 billion in remittances right into India. And within the last decade, the remittances have made up three to four percent of India’s GDP.

Sending money abroad is a costly business. In countries like India, where the people are unluckily one of its largest exports due to widespread unemployment, poverty and lack of opportunities and also the price of consciousness of the money transfer rates is high. At present, most of the international remittances flow all the way through the commercial banks, the non-bank Money-Transfer Operations of the MTOs, foreign exchange bureaus, post offices and etc.

In a press release by the Indian Bitcoin company in which is the Unocoin tied up a joint venture with the BitWage has proclaimed that a Blockchain powered platform which works on an international payroll. The press release has demonstrated on how the new venture can be able to offer and also provide cost-effective resources of international money transfers into Indians living abroad and it says that the Indians can now fully receive payments coming from the United States of America, Europe and also the United Kingdom at so much better rates than ever it was before. For example, an employee receiving an amount of $1,000 sent to India that could possibly receive an amount of 70250.00 Indian Rupee with BitWage, far more than estimated 64481.60 Indian Rupee all the way and coming through PayPal or approximately around 65660.00 Indian Rupee by the means of the Citibank India.

Unocoin and BitWage are utilizing the Bitcoin as their means to send money right in the background. The BitWage will be able enough to operate with the Unocoin API and the employers will be capable to directly and automatically send the Bitcoin and also the beneficiary will be able to receive Indian Rupees right away and directly in their bank account in India. The CEO of the Unocoin, Sunny Ray said that they simply use the National Electronic Funds Transfer or the NEFT and the other traditional bank rails to be able to move the funds right into the customer’s account; and for the international remittance, they are using Bitcoin. And that is what it makes it much affordable and also quicker as being compared with the traditional rails.

The National Electronic Funds Transfer or the NEFT is an electronic fund transfer system in which is being used by the banks in India.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Is Bitcoin The Venezuela’s Remedy Right Into Their Worsening Economic Crisis?

Right in the middle of the worsening economic predicament and financial chaos, the Venezuelans are seeking for alternative assets and stores of value to be able to finance their everyday lives. The nuisance of the extreme regulation right on the physical assets in which pertains with gold has urged the demand trend right for the Bitcoin right in the struggling country. And the starving Venezuelan children are massively mounting in its size, right into the very point that the military personnel resort right into trafficking the food into the country and the residents are having difficulties upon acquiring the basic needs similarly right into the medical needs too.

As we all have known, the Venezuela is a small market for the Bitcoin industry. And the fact that it accounts for a tiny portion of the global Bitcoin exchange market for the reason that the present financial circumstances right in the country. On the other part of the story, there is an escalating volume of people who are turning right into the Bitcoin in an endeavor right into obtaining a currency that has an actual real-world worth in order to acquire the basic necessities.

The individuals right from the students and to the company owners have reported their accomplishment right into mining the Bitcoin and using the digital currency upon purchasing goods like the food and the medicine all the way through the online marketplaces that fully accept the Bitcoin. And some students were even ordering their food all the way through the Amazon in using their Bitcoin with the assistance of the Bitcoin-accepting service providers such as the Purse.io. And there are several outlets that also reported that there are Google searches right for the keyword “Bitcoin” right in the premises of the Venezuela that doubtless amplified exponentially over the past few months and counting, as the public sought after out for the alternative currencies or assets to be able to support their everyday living.

Right in the contemplation of the present financial trend of the Venezuela, completely possible that a currency in which pertains with the Bitcoin can be able to alternate the national currency in which that does not have any single noteworthy worth anymore. And a decentralized currency does not even necessitate such permission right from the authorities to be able to settle any single transactions and also send payments all across and around the world from one and another.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Fees changes:

- AdvCash EUR Withdrawal Fee is reduced from 4% to 1%
- Payeer USD Withdrawal Fee is reduced from 4% to 1%


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China: A Move Right Into Cashless World…


The Land of the Red Dragon of Asia, which is also the largest FinTech sector based on the records of the International Trade Administration or the ITA, is on its move right into the cashless world; and the consumers are also making their way out from the traditional banking systems right into further competent and also comprehensible financial technologies. The KPMG is one of the Big Four auditors which garners over the total summation of $25 billion of their annual revenue, and in these recent times, they have also released their FinTech 100 directory who are representing the largest and also the lucrative companies right within the global FinTech market all the way across all of the categories.

Based in the several and various research and study in imitative in which pertains with the KPMG’s FinTech 100 and the ITA’s global FinTech report, China is the pinnacle right in the international FinTech sector. Billions and billions of the Chinese users are leaving the restrictive and yet also limited banking systems and making their big move towards the non-banking services and the FinTech platforms. One of the supportive facts came from Johan Nylander who is a premier journalist at the Asia Times and also the trusted Shenzhen Starbucks Café Manager Lily Li that the preponderance of the people is settling their daily basis and expenses and also their expenditures in using their mobile phones. Infrequently, the people are using their cash or even their credit and debit cards, because of their inconvenience and also the high cost of fees. And upon purchasing a simple item such as a cup of latte right from the Starbucks, the Chinese consumers will just effortlessly tap their phones onto an NFC sensor and at the same time transact using their very own mobile FinTech applications. The China’s Alipay which was developed by the country’s largest FinTech company in which is the Ant Financial, that claims to be the most dominant and respective service in which settles the 58% of all payments in China made and done all the way through online.

Right in the fast growing FinTech sector, the Ant Financial is presently worth of over the summation of $60 billion in which larger than the market cap of the global digital currency. The Founder and also the CEO of the Money Bazaar, Mofei Chen has claimed in one of his interviews that the investors and also the users outside of China had unsuccessfully understood the brisk development of the FinTech sector in China. And the FinTech industry of China has made a quite advancement to the certain point that the people do not even remember the moment when they have used their real-time wallets.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Cryptocurrency Mass Adoption: Slowly But Surely!

The Founding Member of the LocalCrypto and also a former Advisor in the Brussels, Matthias Klees has unveiled that the LocalCrypto’s recently released platform is the very first step in advancing the real-world cryptocurrency mass acceptance and adoption.
The group is fully armored towards an urbane geo-location system, together with premier search-engine connectivity. And their main agenda and focus is on fostering and establishing a local cryptocurrency economy, similarly to a local grocery store or a convenient store perhaps.

As he states that the citizens can be able to fully enlist their cryptocurrency accepting business or even proclaim to exchange the Bitcoin or the Altcoins in the old fashioned means which are dedicated for the populace who would not like to engage in the online trading for a free cost of fees. Plus this will endow with the capability to discover the businesses and also the crypto society in your premises. And also you can keep in great communication with the customers and as well as find the crypto accepting establishments or services and like-minded people right in your region. The LocalCrypto is fond of making it easy and simple for each and every single human being to be familiar with who is around and who are to engage with.
There is a different stroke of mindset right for the cryptocurrency mass adoption. To be able to distinguish right from any other organizations that are promoting and showcasing the cryptocurrency acceptance and adoption, the LocalCrypto is prioritizing the local activities and events and also the integration of the cryptocurrency right into the everyday life and daily basis. And the LocalCrypto are the regionalists due to modern associated regionalism are the most natural variety of the social decentralization. And they needed to make decentralization a concept of how they believe, how they feel and even how they deal with the environment, and to be able to establish the mindset right for the cryptocurrency mass acceptance and adoption.

Right in the duration period of the next three months, the LocalCrypto and the group will launch a payment gateway together with a point-of-sales tablet PC system and also a hardware device collection in which supporting the very first Bitcoin, the EuropeCoin, the BitSend as well as the others in the near and approaching future. The LocalCrypto also upholds the sight at a stage where the payment providers have a difficult moment upon reaching out right into the real world economy, and their initiative makes a lot of sense.

Every single person who gets involved right in the initiative will benefit.As the LocalCrypto will continue in establishing not only a one-stop address for all of the crypto business necessities but will gear up every single person right into spreading the word regarding the cryptocurrencies all around and across regions and to even get an equal share right from the victory that the LocalCrypto is building together. The LocalCrypto are about to begin a social driven, global proletariat consultant movement.

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China Going Cashless: Unveils A Worth Of $1.5 Billion Of FinTech Fund

The Chinese consumers are hastily moving towards to a non-bank and cashless alternative which pertains to the Alibaba’s $60 billion financial application Alipay. And to be able to catch up with the swift growth rate of its FinTech industry, the Chinese state-owned companies had released a price of $1.5 billion funds to be able to support the emerging FinTech industry startups and technologies. The conglomerate of the Chinese state-owned companies which pertains with the Hong Kong-listed Credit China FinTech Holdings, the Shanghai Xinhua Distribution Group, the China Huarong International and the 8 other major organizations right in the mainland and also established a fund that is also known as the “Asia FinTech Merger and Acquisition Fund of Funds” to guarantee each and every single market right within the Chinese FinTech industry can be able to operate with a necessary capital.

The Executive Director of the Credit China FinTech, Sheng Jia said that the leveraging right on the fund partners’ experiences and also the competitive advantages right in the brand recognition, and the industry resources and the expertise, and the Fund targets to invest right in an innovative FinTech enterprises right with a potential and also help them to be the FinTech aspiring leaders together with our technical know-how and also the capital resources at the same time as well.

As based on the several sources, the fund will be supporting the startups right in a wide range of varieties right within the FinTech industry which includes the big data, the artificial intelligence, the mobile payments, the supply chain financing and the Blockchain technology, the developing portfolio which fully covers each and every single features of the country’s FinTech industry. Previously, there is a certain subject matter that the Chinese consumers are no longer contingent right on the bank and the fiat-based financial system and also the payment applications, primarily due to their inadequacy right in the payment settlement.

Right from the previous write ups it had revealed that the world’s top 10 biggest FinTech companies which were owned by the Chinese FinTech market and that the massive growth of these companies straightly depicts the ever-changing financial status right within the entire country. Several experts and also analysts right from the mainland have made their statement that the foreigners of the foreign analysts would be overwhelming at the rate of the growth of the FinTech industry due to the fact that it is becoming more aggressively hard to discover the people that still use bank-based system like a credit card or even bank transfer right on their daily lives basis. And with any other alternatives in which pertain with the Bitcoin also attains the mainstream exposure and observing a significant growth right within the Chinese FinTech market and it is likely to notice that the entire country keeps on leading right into a global FinTech environment all the way throughout the year of 2017.

Read More: www.ecoin.eu (http://www.ecoin.eu)

For Young Business Minded People: A Blockchain & FinTech Program

The PricewaterhouseCoopers or the PwC is one of the Big Four auditors and also a multi-billion dollar professional services firm which had released a program being called the “Startup Collider” right in the early September of the last year. The said program which began this early January will be supporting the young business minded people and the startups working within the Blockchain and the FinTech industries.

The Startup Collider that is brought by the PwC CEE upholds opposite features right from the huge major of startup accelerators or venture capital initiatives. The startups chosen and welcomed by the PwC Startup Collider administrative team will cooperate straightly with the PwC, its experts, the analysts and also the partner firms to test, and also implement and commercialize their technologies. The Blockchain or the FinTech-focused companies will be cooperating with the PwC advisors who will guide them all the way through thorny hurdles such as regulatory conflicts and also the market penetration. And more essentially, the PwC connects the startups right within the Startup Collider program together with its partner firms and clients to guarantee the entrepreneurs experience an even procedure of the market penetration. During the three-month program, the startups and the entrepreneurs will be sheltered in a mansion of the PwC right in the city of Warsaw. The mentors and the advisors right from the field of the finance, the FinTech and the Blockchain will visit the mansion to meet the entrepreneurs, also conquer the connections together with the startup and furthermore assist the young companies to pave their path towards a highly competitive market of finance. And the very first cohort of the said accelerator will have its focal point right on the startups with the solutions applicable to the financial sector, where everyone will grasp a great opportunity to take part right in the three-month boot camp. And by the very end of it, the participants will surely embody refined value propositions, the business plans, processes and also possess the knowledge regarding the respective markets, the client necessitates, the regulation and furthermore.

.And by the very end of the said program, the PwC hopes to witness its startups cooperate with the industry leaders and also introduce their technologies to millions of users and consumers at the same time as well. Not likely with the several venture capital firms or accelerators, the PwC also allows the startups to test their technologies together with its multi-billion dollar clients and partner corporations. And if the startups desired to turn away right from their focal point to another market right within the FinTech or the Blockchain, and the PwC will shore up the decision. And it is vital to consider that the valuable proposition of the PwC is showcasing to the young startups as several Blockchain and the Bitcoin companies tend to turn away right from their initial products. Various known exemplary include the itBit’s move right into the Blockchain solutions and Circle’s shutdown of the Bitcoin trading services. At the same time, it is really early to contemplate of what impact these exceptional startup acceleration programs will have right on the global Blockchain and FinTech markets, the flexible programs allow the startups to work in a much friendly and adaptable environment wherein they can freely exploit the perspective of their technologies.

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The Battle Of Interests Over The Bitcoin And The Blockchain

The Co-Founder and the President of the Unocoin Sunny Ray, India’s leading Bitcoin company, has recently shared a quite interesting chart in which shows the levels of the interest of the general population over the Bitcoin and the Blockchain.

And right over from the past two years, there has been a significantly large quantity of the users continuously searching for the keyword “Bitcoin” on the Google which is particularly right in the middle of the strong price rallies. An in the charts provided by Sunny Ray, it is evident that the interest directly correlates together with the performance of the Bitcoin right on the market as the Google searches for the “Bitcoin” peaked globally at the very moment that its price has reached its all-time high right in the late year of 2013. And by the very end of the year 2016, the volume of the searches for the keyword “Bitcoin” has made its tremendous rise all over again and right in the middle of the Bitcoin’s strong price rally which allowed the digital currency to go beyond the multi-year highs. And it also outshines its all-time high market cap of its total sum of $15 billion and reaching for over the sum of $17.5 billion at its crest. And one of the main reasons behind the said interest growth right in the Bitcoin over a particular period of time in which the demand right for the Bitcoin is profoundly reliant on the market. Due to the fact that the Bitcoin has an actual user base that mulls over the digital currency to be a global store of value and also a legal tender at the same time, and its value depends on its investors and traders as well.

In contrast, the Blockchain technology, in spite of the fact that it has vast potential but has failed to be adopted by the big industries and also the major financial institutions. Even though that the billions of dollars were allotted right for the progress of the Blockchain over the past two years and the technology was failed to be commercialized by its early adopters. Sooner or later and without the doubt, the general populace has lost their interest right in the Blockchain due to the non-fulfillment of its hype and the expectation of investors. And all the way through the 2016 in which is a major financial institutions and the banks in which includes the Deutsche Bank and the Santander Bank had confirmed their plans to adopt the Blockchain technology and the interest right in the Bitcoin has slightly climbed and as the general population projected the deployment of at least a few commercially successful Blockchain platforms. On the other hand, the financial institution did not notice the emergence of the successful Blockchain platforms and the interest right in the Blockchain has turned down by the end of the very last year.

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Larry Bates Says That Bitcoin Can Be A Foreign Exchange International Platform!


Larry Christopher Bates of the BitLand actually thinks that the Bitcoin can be the very best international platform for the foreign exchange. To his mind, an agnostic and interoperable monetary exchange platform is a mere example of where the governments must be giving their attention right on the Bitcoin. And right, on the other hand, he deems that it is not quite necessary for any government to give up their control right over its local currency. And it is quite so frequent the Bitcoin community tends to be delighted at the very moment when a country’s currency begins tanking in hopes and the citizens will come rushing right into the Bitcoin as a haven. But Larry Christopher Bates mentioned that the Bitcoin is not an appropriate haven right because of its high rate of instability by its framework and system.

As he utters that if the argument right for the Bitcoin as an agnostic foreign exchange was being laid down on the table of the governments to be able to lessen their trade costs, deduct the necessity right for the tariffs, and then it would be the much more feasible option for the government’s perspective. And it is extremely ludicrous to recommend to any government that they alter their currency with the Bitcoin. And every single persons in the society must stop making that kind of a suggestion right into any country.

In pertaining to the Blockchain technology, his interpretation was it is the most persuasive and useful part of the Bitcoin.And as a great sample, he noted that the M-Pesa is a digital currency that does not utilize the Blockchain, and also has five times the amount of the users as the Bitcoin as well. He also clarifies that the M-Pesa community has made a large amount of an impact regarding how the digital currency is being used, however since they are SMS based and not Blockchain-based, this results that the crypto community keeps upon ignoring the M-Pesa which is a development that he considers as a big mistake. And if only the people can disambiguate the “Blockchain VS Digital Currency” factor and just begin to clear up the banter, and it is quite a crystal clear that both of the digital currency and the Blockchain have their very own place within the industry and on accelerating a paradigm shift which will notice a more competent global economy. Lessening the friction and the tension within the transactions while at the same time reducing the overhead associated with the international transactions will undoubtedly have a great outcome right on the global economy.

However, as based to Larry Christopher Bates, the Altcoins and the Bitcoin and the Blockchain technology still needs to be disambiguated to be certain that the governments are taking them seriously. And the Altcoins will do serve it very own purpose in which concerns the representation of particular interest groups. He also states that one could possibly argue that the Disney Dollars as a particular interest currency figure which has crystal clear benefits and advantages which do concern by giving discounts right into the customers, plus the benefits right into the club members, and giving another revenue stream besides the stocks right into the Disney corporation. And if the legitimate businesses adopted the Altcoin model, then it would not only make the companies such as the Starbucks more proficient and efficient rewards systems and it would give the customers a way to trade out their currency for an Altcoin to another business.

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Bitcoin And Mercedes-Benz: Mercedes Pay On The Run? How Does It Sound?

Perhaps it sounds surprising that the Mercedes-Benz will have a payment service by the brand name Mercedes Pay in no time. And is it acquiring the PayCash Europe SA? Well, let’s see! As we all know the PayCash Europe is operating numerous of services such as the Mobile Payment Solutions, the E-Money Solution, cryptocurrency correlated services, and the Voucher and Loyalty related services as well. The acquisition of the PayCash Europe will be made by the Daimler AG which is the parent of the Mercedes-Benz all the way through the Daimler Financial Services.

The question that lingers is why does Mercedes-Benz all of a sudden need PayCash Europe? Then let’s get right to the bottom of it, in which is the principal endeavor of the Mercedes-Benz upon purchasing a cryptocurrency company that does not appear to be their interest in the Bitcoin although they have not absolutely denied it. As Bodo Uubber, the member of Daimler Financial Services Board Management points out in a company press release Mercedes Pay is the essential component of their mobility and digitalization tactical moves; that Daimler’s new-fangled payment system highlights their aspiration, and as a leading provider of the digital mobility services, and to be able to make the products and the services more captivating, they are offering even more appealing right to the consumers.

The PayCash Europe which will turn right into Mercedes Pay and will be integrated right into the Daimler Mobility Services GmbH which is a further subsidiary of the Daimler Financial Services that also has numerous mobility services in the car-sharing such Car2Go. Daimler even revealed that they have a portfolio that was comprised of over 4 million financed vehicles; and that they even intend to utilize a new-fangled payment system to be able to facilitate all of these and their other financing transactions in the near and approaching future.

Is it the mobility, indeed in the fingertips? Well, to be precise, there are intrinsic synergies right between the Daimler and the PayCash Europe. The PayCash Europe’s system allocates the consumers to be able to purchase products and items all the way through online or even right in a store in using their mobile phones. Their application which is accessible on both Google and Apple App Stores also allows the sending and the receiving of money anytime and anyplace.The E-Money service which was provided by the PayCash allows the businesses to accept the online payments and manage E-money at the very same time. And together with the Daimler’s businesses such as Car2Go, it is quite possible to share cars in using a mobile application. And this particular application allows the users to be able to self-drive a nearby car right to their destination. And just to be particular with Car2Go at this present time, the Car2Go was being used by more than 1.2 million customers.

Read More: www.ecoin.eu (http://www.ecoin.eu)

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Nigeria And Africa: Immense Sign Of Optimism For Bitcoin Trading!

These days, Nigeria and Africa are showcasing an immense sign of optimism for the Bitcoin trading in the upcoming years as mentioned by the Founder of the BitcoinNow, a Bitcoin selling platform which is accessible in five African countries. And based on Davidson Atere-Roberts remarks, the Bitcoin provides a deregulated, borderless and decentralized system of an alternative finance to the Nigerians and Africans, but the increase in its adoption will only come to their senses at the very moment when they realize that the digital currency and the other cryptocurrencies can be exchanged for the goods and the services as well. And they do really believe that in the upcoming years the Bitcoin would be adopted as an alternative to the basic investments and it will soon appear to each and every one as a safe-haven virtual asset. In addition to the statements above, they also anticipate that in the very next few years that the high profile individuals and also the middle class in the society will be investing in the Bitcoins to be capable enough of securing and increasing their capital as a divergent into the stocks, bonds, gold, and etc. And they also assume that more Africans will be able to go right into the Bitcoin trading and there will be countless peer-to-peer transactions as well.

Does the success of the M-Pesa be a great example right into revolutionizing digital transactions?As we all may have know, the M-Pesa is the world’s most triumphant money transfer service that truly makes it possible for the millions and millions of people who have an access to their mobile phone but do not have or only have limited access to a bank account, and to send and receive money, plus top-up airtime and also make their bill payments as well. And just the very last year, the M-Pesa has declared that they have 25 million active global users f. And getting back to the question, politely, Davidson Atere-Roberts simply answered, it is quite possible, due to the fact that they are much enthusiastic regarding the Nigerian market as an influential and leading market in the Africa even though that the Senegal has taken the lead globally upon introducing it's very own digital currency that will be a legal tender right in the conjunction with its currency. And they are also very optimistic right on the subject matter of the East and Southern Africa regions; it will take such period of time but they do really deem that the Bitcoin will follow the M-Pesa line right in the revolutionizing digital transactions.

Right at this very moment, the BitcoinNow is aiming to solve the difficulty of the accessibility as there is still a controlled supply of the Bitcoin in the areas of Nigeria, Ivory Coast, Ghana, Gambia and Sierra Leone. And the scheme is it bridges the gap right between these progressing markets and the Bitcoin access by providing a seamless platform in as manyAfrican markets as its resources can establish. And the fact that he really considers that the Bitcoin can be used as a hedge against the political and economic ambiguity; the capital and foreign exchange controls; the demonetization and also the devaluation and the hyperinflation although the Bitcoin-related business right in Nigeria and Africa are still in the moment of facing major challenges.

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Superb Strategies To Be Able To Maximize Your Profits

Right in these uncertain and unstable, but strikingly bullish markets, it is easy to believe that you are a trading intellect as you gather your profits. Nevertheless, are you outshining the market? As of these days, the cryptocurrency is having such a great year. And in these past few months, the Bitcoin’s price has climbed from the low rate of $700s to $1,260 based on the CoinMarketCap.com as it budged the record as the 2017 starts and at this very moment it keeps upon going upward.

As the Altcoins gains are not to be overlooked either, together with various well-known Altcoins which are almost doubling or even gaining more in value which pertains with the Monero, Dash and the MaidSafeCoin and the less-known Altcoins are also gaining an interest which has been alongside with the trading instability was massively absent in the prior months. And what has been remarkable in these past few weeks is the Pascal Coin that rose from the shadows at the very price of the $0.015 to its peak value of $1.53 together with a trough-to-peak growth of over of 10,000%. Moreover, the Pascal Coin’s daily trade volumes for the duration of the week which ranged between $5 million and $30 million on the Poloniex.com which provides an accurate information right for the traders to be able to exit the market together with enormous profits as well.
Here are some portfolio performances to fully distinguish how they are performing in these past few months, from November 1, 2016, until this present day.

Bitcoin, in which fully gained into the summation of 35.3%. The Bitcoin is the gold of the cryptocurrency; together with the liquid markets and much easier fiat-to-Bitcoin trading all the way through trustworthy exchanges, conceivably there is nothing right in this very world of the cryptocurrency is much simpler than a buy-and-hold the Bitcoin stratagem.

ICONOMI Index which gains for over 19.6%. As we all may have known, the ICONOMI.index was established on way back in July of the year 2016 in which its CEO Tim Zagar has said that to reflect the development of a credible cryptocurrency market. Right in its composition in which pertains with the subjective percentages of the Bitcoin, Ethereum, Monero and the other Altcoins as well.

Smith + Crown Index which have lost for over 5.53% within just a one-month duration of time; and this particular market-cap based index pertains with the 11 biggest cryptocurrencies by the market capitalization which is the Bitcoin, Ethereum, and Litecoin.
With the information that is mentioned above the Bitcoin has recorded a dominance for over the summation of 90%. In general, even though the digital currency sector is still in its infancy, there are a quite few valuable financial metrics right for assessment of the market performance that does really exist. But not only these indexes and metrics are useful in assessing your very own performance, but they can also be helpful right in tracking the value in the several cryptocurrency markets.

Read More: www.ecoin.eu (http://www.ecoin.eu)

As Iran Stops Using The US Dollar, Is It A Perfect Time For The Bitcoin?

On 29th of January this year of 2017, Valiollah Seif who is the governor of the Central Bank of Iran has officially declared in the national television interview that the US Dollar will no longer be used within the country as a response to the United States of America President Donald Trump’s decision regarding the travel ban on the particular countries which includes Iran as one of them.

According to the official statement that is released by the Iranian Central Bank and Governor Valiollah Seif, the government intends to terminate the usability of the US Dollars in Iran and also replace USD with an established reserve currency which is more often used in the foreign trades. And right at this very moment, the Central Bank of Iran is exploring two options; on whether to choose one of the particular foreign currency which is used widely for foreign trades in Iran or to establish multiple currencies, thus allowing the Iranian people to select whichever currency they would prefer to use. And one of the major subject matter that the analysts have right on the elimination of the USD as a legal tender in Iran is that the USD is the groundwork of the oil industry in Iran which accounts over $41 billion in revenue. And the replacement of the USD could possibly lead to rigorous complications right for the local authorities.

The question is does it will have a massive impact on the Bitcoin and its demand. The fact that the Iranian Bitcoin industry has a comparatively shallow Bitcoin exchange market and infrastructure. The BTXCapital which is the country’s first Bitcoin exchange which was launched in the year of 2015, the month of August and entered the Iranian market in hopes to provide an assurance of secure and reliable alternative right into the peer-to-peer trading platforms such as CoinAva and the LocalBitcoins.

And together with a market of over the summation of 50 million users, BTXCapital had stated that Iran has a potential to be able to become the next major Bitcoin market right in the upcoming years. The CEO of Draglet, Ganesh Jung who is the development firm right behind a white label Bitcoin exchange platform being used by the BTXCapital as it foundation infrastructure, accentuated the struggle that the Iranian people are experiencing just to be able to purchase the Bitcoin in the country. And the mere fact that it is really hard enough to be able to get hold of the Bitcoin in Iran. And there were means to purchase the Bitcoin but the procedures are tricky and the amounts it was possible to purchase were just small, and the market is substantial. With a large population together with a high proportion connected right to the internet means that there is a lot of absolutely untapped market potential.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin Can Probably Make It But 90% Of The Altcoins Won’t!

The Altcoins are springing up on a daily basis, and people might have observed that they regularly appear on the lists of the CoinMarketCap. On the other hand, Ethereum Classic’s Charles Hoskinson foresees that about 90% of the Altcoin that will possibly end its career right on the near and approaching future.

And to be fully certain of the sustainability of the cryptocurrency Charles Hoskinson believes that the Treasury Mechanic measures must be taken sincerely. And in these recent times, there are several Altcoins which have come in the very situation of examination due for employing the pump and dump strategies just to be capable of swindling their holders. For a mere example is the CageCoin which recently rose by 31,000 percentage points but suddenly knocked down just within the 24 hours. The fact that it is relatively essential that the community members fully endure the necessary due to diligence upon investing in any single coin. And this is critical at the moment when the digital currency is scaling and convincing sceptics as well, and it is not a nine-day wonder but has in actual fact of staying.

Right on a divergent circumstance, Charles Hoskinson holds they view that the Bitcoin is not in the variant of the unsustainable coins and the strength of every single currency right in its communities, not its technology per se. And he elaborates that the technology can incentivize more community to come but it fully cannot be able to replace it. The Bitcoin has the well-established community of all of the cryptocurrencies and at the very same time the most resilient. The mere fact that it has survived for over the billion dollars of theft, plus the dozens of death declarations and exchange failures together with several so-called leaders who are trying to hijack to project and the founder leaving. And it is completely astonishing that the Bitcoin has endured and flourished. Furthermore, I do not really deem that the Bitcoin is going to die. To a certain extent, the better question is where it will stop. Beyond doubt, it is the only thing for all of the currencies in which includes the US Dollar. And it is merely strong for the reason that the people accept and take it for the goods and the services. And picture that if they unexpectedly stopped, the dollar would be in dilemma.

Hoskinson states that he does not really think that the Bitcoin is going to die. And to a certain extent, the better question is where it will stop. He also claims that it will either become as a universal payment system or just as simply as a digital gold standard that stores and keep value. And alongside with the standard of measurement enhancing promptly with the infrastructures similarly to the ATMs, debit and credit cards, and there are hundreds of thousands of the merchants, it is quite difficult to dispute. Numerous of the contractors right in the Eastern Europe are now doing the dev work for the Bitcoin and the fact that it is quite known in Ukraine.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Russia’s Bitcoin ATM Was Installed In St. Petersburg

A rare addition right into the Russia’s Bitcoin ATM count has been installed and appeared to be seen right in the country’s second city of St. Petersburg.

The particular machine was operated by the cryptocurrency exchange in which is the Bitlish that fully offers Bitcoin, Ethereum, Litecoin and also ZCash purchasing facilities together with an automatically-updating exchange rate. This certain machine can be found right in the shopping center at the Sredny Prospekt V.O. 36, which is located on the city’s Vasilevsky Island.

The installation is a probable outcome of the Bitlish’s urge for further ATMs right in Russia in which us based right into the legal concerns that have hosted only a couple of machines. The exchange has illustrated its fleet of the ATMs at a recent conference held in Moscow, but so far and until this very moment there is no official information that is accessible regarding any of their locations. Still, there are no Russian machines that are enlisted in the current CoinATMRadar’s listings. And there is a request for the confirmation and further information regarding the ATM which did not immediately return a single reply right from the Bitlish.

The said installation in itself is a symbol of shifting epoch regarding the Russia’s relationship with the cryptocurrency. And having previously de facto banned it as a “surrogate” or an alternative to the Russian Ruble, the country’s central bank this year signaled a new perspective. A constructive regulation that fully states that it would be its policy going en route for, and also at the same time an all-out ban would be counterproductive if even possible.

Read More: www.ecoin.eu (http://www.ecoin.eu)

A Government-Backed Blockchain Consortium Was Launched In Switzerland!

A government-backed Blockchain consortium which is the Crypto Valley Association has launched in Zug, Switzerland with the goal of supporting the development of the Blockchain and the cryptographic associated technologies and businesses. The Crypto Valley Association under the leadership of the former UBS Group CIO Oliver Bussmann includes such prestigious members as the PwC and Thomson Reuters, as well as a plethora of the disruptive FinTech startups like the ConsenSys.

An accompanying press release claims that the association will be supporting startups and also established enterprises as well all the through the policy recommendations; and therefore initiating and enabling research and study projects; they will be also organizing conferences and hackathons and any other industry events at the same time.

And the Blockchain and the cryptographic related technologies and businesses are the new set of waves right in the near and upcoming future. And together with the founding of the Crypto Valley Association they are promoting more than a region or a portion; consequently they have founded a worldwide association as a foundation for the sector’s most innovative and forward thinking companies and businesses supplementary strengthening Switzerland’s status as a principal heart of innovation in this sector.

The said launch continues Switzerland’s and also in particularly Zug’s ever forward and escalating tradition of being a heart for the innovative financial technology. As of last year the Canton’s administration has moved to allocate the payment of the government services in the Bitcoin, and against a wider environment of progressively favourable regulation for the Blockchain startups at a national level. David Craig in which is Thomson Reuters President Financial & Risk Business stated that the formation of the Crypto Valley Association has already been engaging the local government, startups, venture capital and also larger corporations. And this fully bestows them an access to a pipeline of the interesting startups, talent and also a chance to be able to participate directly in the initiatives driving the technology.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Must Know Right Before Investing In Altcoins…

Charles Lee,the creator of the Litecoin, has said that most of the Altcoins have no innovation, instead of it they have feeble developers, deceitful marketing or even terrible incentives. And comingfrom in a series of tweets which targets at giving and reaching out his thoughts regarding the cryptocurrencies and how he assesses on upon or not to invest money into any single of Altcoins. As he mentioned that in order to stick out right from the crowd of the Altcoins, there are tons of coins that do a bunch of shady things similarly in making premises that are just even BS; plus there are several of the coins which are only solutions looking right for a problem or even just do not showcase enough innovation at all.

As of these days, there are gatheredalmost 700 alternative currencies, as based with the CoinMaerketCap.com, only a few of themare being widely used. And the fact that there is a point of view that nearly and almost every single of them were being established and yet also created to fail right in the very first place. And Max Kordek, the CEO of the Lisk, has even said that the biggest oversight of the several creators is to get right to the very bottom of every single thing at once and also trying to execute dozens or even massive different features causing to neglect that even the project with a great vision have also some dilemmas. And a failure rate right for the regular startup is garnering a percentage of 90 in which is probably a way to big than the Blockchain industry in the very first place.

And it takes a long period of time to be able to establish the foundation for a good product, and then the design of a great UX right for hundreds of thousands of the users as to be expected. And there are several causes for which Altcoin market is considered as dangerous and highly competitive, hitherto, beneficial in a way. And also accumulating numerous of new features and tools makes a coin even more triumphant right in the room for the vast profits but at the very exact and same time, there is a similar quantity of risks at stake. And with the year still fresh andlooking somewhat promising, Charles Lee clarifies a quite number of the features that he seeks outfor his assessments. In which includes the innovations, a competent developer, honest marketing and also fair incentives. He also mentbring a lot of innovation and also at the same time as well was trying a lot of greater things just to be able enough to push their innovation.

Charles Lee has even said that without a strong team, there is a small chance that a certain coin will be able to pull it out and succeedin a long term. And when I saw some teams which are spending their resources on their marketing over the tech, I know that they are settling their priorities in the wrong place; he also emphasizes in his tweets that the strong teams he has viewed pertain with the Ethereum, Monero and the Decred. And the fact that he keeps away right from the premines, the instamines or even the ICOs as they are rewarding the developers excessively and he also considers that there are several white papers which arefilled with the technical terms that probably make no sense at all but just confuse the readers.

And without mentioning the Litecoin, he evaluates the Bitcoin, the Monero, and the Decred as the highest coins and citing that the Decred has spent a year span on doing their codes to be enhanced its consensus and also the governance system as well, and Monero which did not have a GUI wallet. And the Ethereum is close; he also said that the decision right into hardfork and turn back right on the “uncensorable transaction” dreadfully hurts. And the fact that he states that if you have something great in you, just work hard and success is right ahead of you. And if you do not, try to lure in with the people in their fancy marketing.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin: A Generation Investment Opportunity!


Peter Schiff, a known investor of gold and also the CEO of the Euro Pacific Capital, has been criticized by numerous analysts and experts including Brian Kelly of the CNBC for describing the Bitcoin as the “digital fool’s gold”.
For the most part, Peter Schiff’s ignorance towards the Bitcoin stems from his responsibility to secure the Euro Pacific Capital’s business model, which has almost and entirely relies upon the performance of the gold in the market. Peter Schiff has also unraveled the vast majority of his career triumph in gold trading and thus, it is fundamentally instinctive for Peter Schiff to secure the gold against the Bitcoin. On the other hand, the most innovative and triumphant investors are fully aware that to profit right from an ever-changing market, one needs to beat the market. And one asset or currency in which has beaten the market for three consecutive years is the Bitcoin by outshining all the reserve currencies, the stock markets and also the assets and something like gold has failed to do so.

Currently, the basis of all criticisms right against the Bitcoin is the absence of the network moderators and also its origin of its value. Exclusively, the conventional economists have their difficulties to comprehend the purpose of the Bitcoin’s fixed supply, as it could theoretically lead to the economic issues in the near and upcoming future. Rarity, scarcity, and decentralization are the three features of the Bitcoin which conventional economists including Peter Schiff warn the investor against, are in fact the strongest benefits and advantages of the Bitcoin. And these particular features of the Bitcoin are the main reason why the mainstream analysts like Brian Kelly are devoted to offering a fair and balanced coverage on the Bitcoin.

In a debate with Peter Schiff, Brian Kelly has made a statement which contains that the Bitcoin is not just a digital gold. It is a technology platform that the FinTech is being established on the very top of it. And it is once a life generation investment opportunity which is similar to the internet growing just as fast if not faster. And it is the internet of money, and everyone is being involved in it. The Federal Reserve has released a paper on it. The Bank of England is also being involved in it; as well as the 14 of the top 30 banks that certainly have active projects. Brian Kelly’s statement is fully factual and accurate that the Bitcoin is a technology platform and also an open source protocol in which anyone can establish anything right on top of it. The Bitcoin as a foundation protocol is a payment facilitation tool as well. It manages the payments between the two users without the requirement of having a mediator.

On top of that particular layer one technology, two-layer solutions do really exist, as well as the other technologies which will allow the Bitcoin to transform itself into a settlement system, digital gold, wealth management product and also virtually financial instrument which the investors and the traders may need in the near and approaching future.

Read More: www.ecoin.eu (http://www.ecoin.eu)

To Self-Regulate Bitcoin In India

A number of Indian Bitcoin companies have gathered together to establish the Digital Asset and Blockchain Foundation of India or the DABFI. The Bitcoin has been astonishingly making its moved in the Indian soil after the botched up demonetization that has been executed by the government on last year’s November. And according to the Times of India, Nishith Desai Associates which is an international law firm has been hired to develop the self-regulations for the industry.

The fact that there is still no clarity regarding the legal status of the Bitcoin in India pushes the new self-regulation for the industry. And just recently, in February of 2017, the Indian Central Bank, The Reserve Bank of India, had made an issue of notice to the public the hold or trade in the cryptocurrency. India has strict KYC/AML norms in place even if for the regular banking, the mutual fund and also for the insurance sectors. On the other hand, when it comes to the Bitcoin, the Reserve Bank of India has been fundamentally a dedicated spectator instead of being a participant.

As according to the news agency the ANI, a committee has been established under Co-Founder and CEO of ZebPay, Saurabh Agrawal and the other members that include Sandeep Goenka the COO and Co-Founder of ZebPay, Mohit Kalra the ‎CEO & Founder of Coinsecure, Sathvik Vishwanath the Co-Founder and CEO of Unocoin, Harish B.V. also the Co-Founder and Chief Financial & Compliance Officer of Unocoin, and Vishal Gupta the Founder and CEO of SearchTrade and also Rashmit Gupta the ‎Founder / Chairman and also the CFO SearchTrade.
Sathvik Vishwanath, the Co-Founder and CEO of Unocoin, revealed that the thoughts and the plans of creating an association for the cryptocurrencies have been there and lingering in the corners of the several years, but it was not even getting materialized; and this year, the industry has been taking a strong stance, therefore, it is the right time to make it happen. This coupled with the notice to the public made by the Reserve Bank of India that reiterated the risks and the issues that are being linked to the cryptocurrencies on the 1st of February, this year that has given birth to the Digital Asset and Blockchain Foundation of India or the DABFI.

The Co-Founder and CEO of ZebPay, Saurabh Agrawal also mentioned that the organization aims to drive proper education and to establish a market for the Blockchain and the Bitcoin in the Indian market which is now on its path of the digital economy. He also unveils that the organization’s vision was to work with the regulators and also develop a strong framework for the industry which pertains with the cryptocurrencies and also to provide the required impetus for the growth of the industry at the same time.

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Bank Of Uganda’s Warning Regarding The Digital Currencies Makes The Bitcoin Renowned!

Katherine Atuhari, the representative ot the Uganda Bitcoin Network, says that the recent notice to the public that is released by the Bank of Uganda or the BOU which asked the Ugandans to keep away right from the Bitcoin and other digital currencies and comparing the Bitcoin with the OneCoin has boosted the popularity of the Bitcoin in the East African nation.

A crypto entrepreneur and some may have called her as the Ugandan Bitcoin Queen, Katherine Atuhari deems that such calls are the hint that the Bitcoin has been noticed and the government feels threatened that they have no control over the real cryptocurrency. As she says that the Bank of Uganda has openly come out as another opportunity to market the currencies. And the fact that the human beings are naturally curious to do what they are forbidden to do; therefore, I really presumed that there will be more knowledge concerning the crypto market hence its popularity. However, she guaranteed that the crypto community in Uganda is not scared in view of the fact that the funds cannot be frozen or even plundered by the state, and thanks to the Blockchain for this extraordinary strength and capabilities.
On the other hand, the Founder of the Uganda Bitcoin Network was filled with doubts if her compatriots will pay attention to the warning made by the Central Bank that maintains 8.9% of the inflation rate. She believes that the warning will only amplify the size of the crypto community, as more people will start finding more and more regarding the cryptocurrencies and its numerous benefits and advantages for the Ugandans and for that certain matter that the Africans can gather from it. And the fact that some Ugandans are aware of what the Bitcoin and the Altcoins can offer them as being compared to the fiat.

The Ugandan Bitcoin Queen is calling on the entire attention of the digital currency community in Uganda and beyond to come together as one and begin engaging the authorities, particularly the Bank of Uganda and the key policymakers as well. And she truly emphasized the necessity for an instant Uganda Bitcoin conference to be convened. And the verity that the crypto community ought to explain the advantages and the benefits of the cryptocurrencies and how they can work together with the banks to enhance the financial technology growth within the country. And this is the righteous path since most of the time such directives derives from the
misunderstandings and fear of change. The government of Uganda will do their people a good quality of service by doing an excellent job of finding out what solutions that the cryptocurrency extends to the entire country.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Based On Google Trends The Bitcoin User Base Are Doubling Every 12 Months!

A commentator, Willy Woo has forecast that the Bitcoin user numbers and investments are set to double every 12 months. Citing data from the Google, the rapidly increasing controversial Woo calculates that the Bitcoin doubles its users every 371 days.

As Willy Woo written on his Woobull blog that what we have here is a steady exponential growth baseline with the periodic peaks. And these peaks are inline with the price bubbles where more users start checking the price of their precious coins. And taking the readings from the baseline outcomes within an order of magnitude growth of every 3.375 years or being expressed in terms of time to double the user base of approximately in the duration of 12 months. …Plus anticipate the capital injections into the BTC to be similar for the years ahead.

In the terms of the adoption, Willy Woo has to look forward to a classic S-shaped curve as a trend for the Bitcoin, and similar for the other innovative technologies such as the radio, computers and the internet. As he stated that if he were to deduce the Bitcoin’s adoption curve will be a symmetric S-curve, and we will reach 50% adoption in coming 9 more years, on the other hand, to complete the last half of the S will take 17 more years and 26 years from today!

Willy Woo is setting himself as an increasingly popular source of analysis in the Bitcoin world attracting both praise and criticism for his post on the social media.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Charles Lee: Litecoin To Reach $14

The Litecoin creator Charles Lee deems that the price of the digital currency could achieve the rate of $14 at the time of SegWit’s activation on the network.

It was 2nd of April, Saturday, the F2Pool has mined Segregated Witness or the SegWit blocks for both of the Bitcoin and the Litecoin. Then Charles Lee has tweeted that he perceives that there is 72.34% of chance of another pool signaling for the SegWit in the next seven days. He equates the estimated prices of Litecoin to the level of the signaling the network has gathered thus far of 20% which equivalents with $4 USD; 60% that equals with $9 USD; and 100% that corresponds with $14 USD.

There are indications that the network will activate SegWit as soon as possible. Then it establishes the excitement and thrill even in the Bitcoin camp as well; and for some users to join the Litecoin train. This angle, as well as the understanding that its activation of the SegWit is an experiment for the Bitcoin makes some enthusiasts that probably would like to throw their weight behind it.

They are quite hopeful that the Litecoin will show the Bitcoin community that the SegWit can be good for the Bitcoin although the Litecoin price is likely to fall if and after the SegWit is activated for the Bitcoin. This is due to the facts of a successful implementation will likely amplify the chances of a successful Bitcoin SegWit execution significantly. And in the meantime, the Litecoin price will likely continue to gradually rise until the activation leading through to when the SegWit will go live.

The Litecoin’s capability to coalesce both of the Bitcoin and the Lightning Network for the transactions is a most important feature that could possibly distinguish that it will become more valuable than the top alternative currencies for the reason that it can unlock new possibilities that the industry has not seen yet. And the prospect that the SegWit activation on Litecoin may bring in new users to the fold is also another factor that will affect this particular scenario.

The progress is coming after the time when Charles Lee has written a letter to the Chinese Litecoin miners and the pool operators aimed on convincing them that regards on why the SegWit is good for the network. He fully made it clear to them that the Litecoin is not currently running into a block size problem; and it also has four times of capacity of the Bitcoin; but is bent on activating the SegWit because it has a fix for the transaction flexibility that fully enables the addition of the new technologies such as the Lightning Network and also the signatures or the confidential transactions.
His recommendations that the Litecoin can really outshine if they can get the SegWit on the Litecoin as the Bitcoin keeps upon stalling due to the block size scaling deadlock could appeal to a section of the Chinese investors. And he is very much certain that the market is waiting for the Litecoin to get SegWit and the price will also react positively if the SegWit is activated. And seeing all of these other Altcoins pumps is beyond doubt disheartening.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Samsung: Nexledger Enterprise Platform

Samsung has unveiled a Blockchain-fuelled, Nexledger Enterprise Platform. The Korean computing giant Samsung has divulged three new Blockchain products on the first week of this year’s April as one of its firm moves to become a forerunner in the market.

A local Korean news resource which is The Investor has reported that the firm’s Nexledger formally released on the 6th of April aims to provide an integrated solution to the corporations seeking a cost-efficient means of managing the financial transactions, as well as their data exchange. It is the product of Samsung’s Internet technologies that fully arms Samsung SDS which has also developed a digital identification tool as well as the Blockchain-powered payment service.

Song Kwang Woo, the Samsung SDS Vice President of Finance Consulting and Distributed Ledger Technology, has said in a press conference that in developing their Blockchain platform, they have thought hard regarding on how to merge their strengths and their know-how from their system integration service expertise with the advantages of the Blockchain technology.

Over the past few years, just like several of their competitors such as the IBM and the Microsoft, the corporation has remained active in the Blockchain technology experiments. And having caught up in the mix to those who are interested in the Blockchain and having invested in the Blockchain startup the Blocko in last year’s October, had begun the test phase of the Nexledger in which the platform was applied to its Samsung Card credit card company.
And at the very same time, Samsung Artik cloud network and the Blockchain-based IoT service provider riddle&code had made known their joint venture called “tagtok”, which enables any physical object to become a Blockchain node.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin And Blockchain Security Conference In Malta

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The Bitcoin and the Blockchain have received a dedicated day at a week-long event which highlights the use of the cryptography in the finance and data security.

The International Financial Cryptography Conference which had kicked off in Malta, 3rd of April this year that runs until that Friday, that draws together the industry experts and academics worldwide, who had presented their findings and holds into the discussion on the certain issue.

The Tuesday’s 4th of April this year, had seen a session regarding the Bitcoin and the Blockchain technology together with the HashCash creator Adam Back, Ethereum’s Vitalik Buterin, and Charles Hoskinson. Adam Back is one of the conference’s general chairs. The Program Chair of the Conference, Professor Aggelos Kiayias has mentioned in a press release that the conference is one of a kind opportunity for the world leading researchers in the cryptography, the data security and privacy to come together.

And the findings are also presented in the conference will make a big impact and yet also influence the best practices and therefore contribute to the new standards for the cyber security in the information technology industry. And along with the 5th of April, Wednesday’s session, the research had presented the topics such as the consumer banking app cryptography and also regarding on how the hackers exploit a variety of vulnerabilities.
The main goal of the conference was to showcase the security and cryptography researchers and also practitioners together with the economists, banker, implementers and also the policy-makers.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Segregated Witness Exposure Beholds Litecoin Price Pass $14

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The Litecoin is up for another 30%, riding the wave of excitement and thrill that surrounds the ostensibly looming introduction of the Segregated Witness or the SegWit. Having steady in price and also in the market cap for some time, the trading at just under $4 USD per coin, Litecoin is now at over $14!

The last 5th of April, Wednesday has seen a 70% of the miners that are signalling the SegWit which in the past 24 hours duration of time has given that dropped with a slightly 68.75%. And at 75% support, the SegWit would trigger.
On the social media, twitter, the Litecoin creator Charles Lee or we all have known as Charlie Lee (@SatoshiLite) had capitalized on the record trading of the asset on GDAX to the proposition of the Coinbase CEO Brian Armstrong on adding the fiat purchasing options. Right there, Brian Armstrong responded that he “is in”.

In the intervening time, a blog post which is written by Charles Lee in a way back January in that explains regarding the SegWit has supported and achieved praises from the former Bitcoin Foundation Executive Director, Bruce Fenton who has described it as outstanding. Charles Lee has written that the Litecoin does not have a block size problem at all. And that is right and the SegWit is not just a block scaling solution as well. And he would even say that the block scaling is just a side benefits and advantages of the SegWit. And the main fix is the transaction flexibility which allocates the Lightning Network or the LN to build on the top of the Litecoin.

The Litecoin’s price performance meanwhile echoes that there are several of the top ten Altcoins since the beginning of the year with Dash, Ethereum and most recently Ripple are rising in value.


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In The Year Of 2018, Russia Will Recognize Bitcoin In All Transactions

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Russia has declared that they will recognize the Bitcoin in the year 2018,subject to full transaction monitoring. In line with the most recent statements by the country’s Central Bank Deputy Finance Minister Alexey Moiseev, he has mentioned in an interview which was conducted by the Bloomberg that a wholly legal position was to be taken on the cryptocurrency in this near and approaching future.

Previously, the Bitcoin and the Altcoin had languished in a regulatory gray area with both the users and the entities that are operating in Russia; they were being threatened with the takedowns and even the jail time. Last October, the state communications watchdog the Roskomnadzor has blocked access to a peer-to-peer marketplace LocalBitcoins nationwide, the developers have responded by the means of setting up a dedicated mirror site such as the LocalBitcoins.net.

Central Bank Deputy Finance Minister Alexey Moiseev has said that the state fully needs to be familiar with who at every time stands on the both sides of the financial chain… And if there is a transaction that the people who are facilitating it must understand from whom they have purchased and to whom they were selling, just similar with the bank operations.

Based on the Bloomberg report, at the same time as the cryptocurrency is still yet to receive an official status enshrined in laws, the decision on whether it will be treated as an asset, or cash or a security is due in the middle of the year 2017.

Last January of this year, the Bank of Russia Deputy Olga Skorobogatova has said that the authorities would not like to concretely block anything and instead just understand how to approach the cryptocurrency and also from this, generate a basis for the regulation.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Coffee And Blockchain: Stellar And Bext360

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A technology firm is utilizing the Stellar’s Blockchain network to probably provide a fair coffee sales technology from its grower all the way to its consumer. Bext360 which is a Denver-based startup has built a robot for automatically assessing the coffee bean quality along with the cloud software and also an app that fully tracks the sales process using the technology.

CEO Daniel Jones has told the TechChurch regarding the recent fair trade market in which states that above all, the groups that are working on the fair trade have spent a lot of overhead on tracing materials. And this particular group of people has used the rudimentary tracing mechanism. And the outcome is very imprecise. The people in the field can still get exploited.
The Bext306’s mobile robot is a glorified weighing scale. It practically employs an optical sorting to fully distinguish the coffee beans from the quality of good and bad beans and also deliver a great quality score on a batch. The buyers and the sellers then use the accompanying app to work out a fair price and the goods are then tracked further with the Stellar.

Daniel Jones has claimed that in so doing, the off-touted advantages and benefits of the fair trade are brought to their conclusion together with a party further along the chain able to know down to the cup where the coffee came from and whether a fair price was paid.
This particular concept has already proven popular with the investors in which a previous funding round fully generates the sum of $1.2 million. And the successful implementation is a further boon for the Stellar whose network is seeing a mounting in the updates and international use cases came to fulfillment.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Within 5 Years Period of Time the Banks Will Adopt the Digital Currencies!

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It was not only more than three years ago that the founding and firming the icons of the entire world like the Wall Street Journal and the International Monetary Fund (IMF) were in every manner ignoring the Bitcoin and the world of the digital currency. And it is crystal clear that this certain innovations and the financial advancements such as the Bitcoin’s Blockchain technology that cannot be ignored and set aside anybody else no more.

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The Bitcoin Advantages over the Traditional Investment

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The traditional investors have always loomed and approached the digital currencies like the Bitcoin with an additional precaution due to their highly volatile market worth and value. On the other hand, the devastating and great performance of the Bitcoin as an investment and a currency has catch the attention and attracted the likes of a traditional investors over the past few months and counting.

The Bitcoin as an investment means provides investors with the three significant advantages and compensation over the traditional investments, the liquidity, the high market demand and the minimalistic trading.

The Liquidity – Bitcoin is a regarded as one of the most liquid assets and resources in the financial market today for the reason of the global establishment and founding of the Bitcoin exchanges, trading platforms and the brokers.

The investors or the holders of the Bitcoin can easily and quickly trade the Bitcoin for cash or for other assets like gold and other cryptocurrencies right away and instantly; with low fees and charges unlikely the shares of a company or the publicly traded funds and assets that requires the operations of a third party institution like the stock exchange to process and settle the orders and investments. Regions like the Venezuela, Brazil and Argentina that are known and popular for its very strict and rigid financial rules and regulations that disallow and misallocates the trading of the foreign currencies and assets also have their fair share of the Bitcoin exchanges and trading platforms in which enable the holders of the Bitcoin to transfer and move their wealth outside their country and also bypassing the country’s government.

The high range of liquidity of the Bitcoin creates and establishes a viable ecosystem for the investors to trade in and especially and significantly those that are looking for a short-span of term of profit. The digital currency is also a practical and a best way for a long-term investment for the reason of its particularly high market demand and trend.

The High Market Demand – The traditional investors reasonably and quite question the trend and demand and also the value and worth behind the Bitcoin. The investors that have only limited knowledge in technology, struggles and have a hard time to understand and fully get the economics behind the Bitcoin and how its market value and worth is being determined. In due course like any other asset in the market today, the worth and value of the Bitcoin Id directly dependent on its demand trend. Unless, the demand for the Bitcoin completely evaporates and vanished, the worth and value of the Bitcoin will continue to increase.

The Founder of the Marc Warne, Bittylicious further explains the details in, “The Bitcoin will be used and utilized more in the upcoming and approaching future because it is the first time that something not fully controlled and manifested by any entity like a government or a bank that has been used over the internet. It has been around for over seven years now without any single fundamental issues and cases.”
The high market demand and trend of the Bitcoin guarantees and pledges the Bitcoin investors a bright and vivid long-term future, at very moment the Bitcoin in theory is deflationary currency. The worth and value of the Bitcoin will keep and continue to ascend until its available and accessible supply hits the top and maximizes.

The Minimalistic Trading – The stock trading or any activities in the public stock market require and acquires the investors to hold a license or a certificate that certain and proves their identification and the trading history. To trade a share of a company, an investor has to go all the way through a broker who then creates and establishes an order in the market. The settlement of an order or an investment could take days in duration of time, even weeks or months and it depends in the paper works.

The stock exchanges also demands the submission of various personal information and details and also financial accounts such as the bank statements, the billing statements and lastly the personal identification or identity in which that makes it highly and extremely hard for the unlicensed to put an investment at that certain area. The Bitcoin trading, conversely more of a minimalistic form if an investment, weight against the stock trading. The investors just simply purchases or sells the Bitcoin from the exchanges and keep and store them in their wallets. While some exchanges may ask personal details and information just for the KYC rules and regulations the other local exchanges can carry out orders anonymously.
Above all, the Bitcoin provides and showcases significant advantages and return over the traditional investments in several ways and means, financially and economically. The traditional investors can trade the digital currency with a higher efficiency and low cost of charges and making the Bitcoin a viable short or even long span term of investment.

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Draw More Women into Bitcoin

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Garnering a steady decline in the female partaking in the coding arts and several of the early adopters are being male, and there are numerous assumptions that the women will not have an impact in the Bitcoin society and community.

The Founder and CEO of the BitNation, opposes to this certain scenario as she utters that, “The women stands for a specific and also significant part takings on the every single day of the expenditures. And I do really believed that there are several women who are utilizing the Bitcoin for their daily spending that comes or their daily lives and also would profoundly assist to stabilize the worth and prize of it.”

Then the Founder and CEO of the Krypton, Stephanie Kent, agrees emphasizing that the, “Women do have more purchasing power than ever before.” Steps and moves nevertheless have to be taken to draw more women into the Bitcoin society and the community.

And only one manner of doing this surely was explained further by BitPesa Chief Operating Officer, Charlene Chen, that it is by featuring numbers of women who are already been leading and standing with the Bitcoin and also the Blockchain technology companies, in which will have an assistance to draw more numbers of women into the Bitcoin. And in supplementary with her statement, she adds up that, “The Bitcoin society and community will draw tons of people, not only just the women but also numbers in the population of men too, if we just let them see on how the Bitcoin and the Blockchain technology companies are being relevant in both ways of the developed and also developing countries and even in the third world countries.” She also explains it profoundly deep into the core that there have been ample of people that have even met who are not being involved with the Bitcoin and simply because of they do not really understand how and why they would ever have to use it.

Susanne Tempelhof of the BitNation explicates that the user-friendly and also aesthetically attractive frontend applications would have the assistance in increasing the acceptance and the adoption as most of the wallets and the exchanges are being designed for a male tech audience.
On the other hand, at the moment that the women become involved in the Bitcoin society and community, the reception that they receive is not always that welcoming and warm. With this certain amusing but also insightful post by Arian Simpson, who writes a blog regarding her Bitcoin experiences and is also an active advocate for women in the cryptocurrency highlights and also what it is like for a single woman who attend and participate in the Bitcoin meet-ups.

And a certain question lingers upon the issue that, what obstacles do the women faces in the Bitcoin? As with several areas of the gender inequality, a necessary for a change on a diminutive scale illustrates the numbers of actions was needed to be done for a certain change and also to reach the higher level. Until the privileged role of the early adopters was questioned, and several women are already making their mark on the Bitcoin society and community and will keep on facing struggles based on their gender. And interestingly enough, to some women who had make their gender a key part of their identities in the Bitcoin as such as the Bitcoin wife, nonetheless, not all of the women think and do believed that their gender should come into it.
Susanne Tempelhof mentioned that, “One of the things that really upsets me as a woman in the Bitcoin industry is at the moment that the people ask things like, we wanted you to be on this certain panel because we desire more of the women present. So that the people wanted me only for my gender and not for what are my ideas are, knowledge, skills or even achievements.” In Susanne Tempelhof’s point of view, this is a so-called “positive discrimination” and it is just an offensive as plain and also an act of simpler gender discrimination.

The Founder and CEO of the Krypton, Stephanie Kent, also clarifies that she was recently trolled by a man on a BitcoinTalk after he found her personal phone number and home address. As Stephanie Kent explanations of, “He keeps on posting these certain and also obviously butt hurt by the Krypton’s verdict and decision to put on safety and therefore protect the other investors and also move away from the Ethereum-based chain to a Bitcoin-based chain as a temporary solution and aid regarding of a certain issue in the company.”

And right after suffering a 51% of hacking, the Krypton, and an Ethereum-based Blockchain, had declared that it is moving it token coin KR and Ethereum-based proof-of-work Blockchain to as Bitcoin-based proof-of-stake Blockchain to be cautious and prevent more of KR from being stolen all the way through a double spend. To wrap things up with her statement, Stephanie Kent utters that, “And I, myself, finally had to closed the thread or spend in the entire day by deleting all of his posts, regarding with the issue.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

The Three Keys to Fully Complete the Bitcoin Adoption and Acceptance

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As the following steps in the revolution and the evolution of the money, the Bitcoin is advanced and superior to the traditional currency in several and numerous ways. It is trustless, private, irreversible, and also efficient and lastly, it is deflationary. On the other hand, even the best and the greatest technological invention and creation is useless unless it is being used and utilized, and at this very moment the fiat currency still holds the title of the “real money” in the minds of the general public and the masses. In order to reverse that factor, the greater adoption and acceptance is needed on the part of the Bitcoin.

To be able to accomplish and fulfill this certain aim and goal, even though it is not any haphazard strategy and method will do so. Just simply by uttering and saying that “Here, Bitcoin is better, start using it instead.” Will produce and gain limited results. Instead by establishing and creating the cryptocurrency’s use in the global economy on one step at a time, and each and every single phase of progress and improvement becomes much more manageable and also realistic.

The Key Number 1: The Bitcoin as Useful [currency – Bitcoin – currency – destination]

The very first key and step is to create and establish the Bitcoin as an intermediary device to develop a progress in the regular financial transactions. This can be purchasing gift cards all the way through the eGifter or the Gyft, purchasing something form Amazon through Purse.io, and sending a remittance payment to another country, or even paying an unbanked contractor.

Neither the party to these certain transactions wants or even has the Bitcoin, but it is obtained and also uses nonetheless to perform a specific function. A user buys the Bitcoin to save money on the gift cards or the Amazon purchases cheaply and yet also efficiently send a remittance or even pay unbanked contractor who otherwise would a limited options and choices for receiving the funds.

On what factor that this shown that the Bitcoin can be useful tool and device in a certain circumstances. Someone who did not view and see the Bitcoin as a money or even as a something worthy and valuable will nonetheless see and notice its usefulness in achieving and also attaining the certain aims and goals and as such will be willing to buy and purchase some for a certain select purposes. This certain plants the idea in the client’s and customer's’ mind, that the “Bitcoin can be useful.”

The Key Number 2: The Bitcoin as Valuable and Worthy [Bitcoin – currency – destination]

At the moment that the cryptocurrency is in a wide-range use and in ready and also capable to supply the next key and step is to set up transactions in which originate as the Bitcoin and are later converted to a currency. Having already benefited from the very first key and step, the Bitcoin is in wide-range use, although no body touches it directly.

Now we will use the Bitcoin directly for the financial transactions and dealings with the end party is able to easily convert or even sell it afterwards. This includes the setting merchants up with a processor as such as the BitPay in which can be able to accept and take and immediately convert the Bitcoin transactions and dealings and giving out the Bitcoin tips and gifts and also holding on to the Bitcoin as a store of value and worth.

By practicing this, the idea is built and established that the Bitcoin itself has value and worth. Instead of simply a tool or a device to facilitate and control niche transactions and dealings, now it appears and sees as something that at the moment being received can be liquidated. Where at the moment it was desirable only if one had a specific purpose in their mind, now the Bitcoin is being seen and noticed as desirable no matter the circumstances. Now the idea becomes as the “Bitcoin is worth something.”

The Key Number 3: The Bitcoin as Money [Bitcoin – destination]

The final key and step in the adoption and acceptance path is send the Bitcoin in exchange for goods and services and have it remain as such after reaching and obtaining its very end destination. This would include the offering to pay for the goods and the services directly in Bitcoin as well as convincing a merchant to store and keep a portion to pay an employee just for an example that formerly converted into 100% to currency.
Beforehand, the Bitcoin gained and attained usefulness as a tool and a device to facilitate a certain transactions and dealings, then it also gained value and worth as something that could be turned into money to pay and compensate for the goods and the services. Finally, it can be used directly for those goods and services in completing the idea of the “Bitcoin is money.”

Read More: www.ecoin.eu (http://www.ecoin.eu)

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What is exactly Bitcoin?

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See more: https://www.ecoin.eu/en/support/faq/ (https://www.ecoin.eu/en/support/faq/)

It's a lousy site. I made a ticket many times. The btc transfer took 24 hours to approve.

Hallo, can you give your order number?

Is eCoin.eu safe to use?

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No need anymore. You gave your consent exactly 56 hours later. You are a terrible site. I've done a lot of damage for you.

Give the order number and we will check. Otherwise these words are without background.

Only you can do unfounded work. 38543165, 38543124 order id. I've done it several times. Each time it fell to support's approval. Your team did not approve of your transactions for hours. You are still trying to defend. It's funny how you try to make me look like a liar. I repeat. You are a terrible site.

As you can see in the example below. After withdrawal request, you gave approval after 10 hours and 27 minutes.

2017-09-14 15:08 2017-09-15 05:35

We checked your orders. Longer time for orders completing was related with antifraud filter. It is a part of safety system.

are you kidding me? You add this to the back of your failure? I repeat, you lie!

How fast are deposits on eCoin.eu?

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How fast my withdrawal is processed?

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Attention!
Posted on: 04/11/2017 19:29

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We detected that two of our forum accounts were hacked. Please, keep in mind: ecoin.eu does not organize any kind of contests in the forums! Please be careful and do not participate in any kind of contests in forums, do not send your money to fake contests and accounts!

Note: We are working with money ONLY through the Trading platform ecoin.eu. We never offer to do transfers through forums or other websites! We use forums or other websites only for the purpose of sharing information. If you notice any offers within the framework of the forums to make money transfers, doing it not officially through the ecoin.eu website, please immediately report to ecoin.eu support!

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It Is All About Litecoin

What is Litecoin?

Litecoin is peer-to-peer or P2P internet currency that facilitates instant; and the close to zero cost of payments to every single person who’s making its transaction at anytime and anywhere in the entire world.

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And Litecoin is an open source, a global payment network that is fully decentralized without having any central authorities. The mathematics sheltered the network and at the same time empowers individuals to take control of their very own finances. Litecoin features a quick and reliable transaction confirmation times and also improved storage efficiency than the leading math-based currency. Together with the strong industry that fully supports, the trade quantity and also the liquidity and Litecoin is a proven medium of the commerce harmonizing to the Bitcoin.

How has Litecoin ever started? Litecoin was released utilizing an open-source client on the GitHub on the 7th of October year 2011 by Charles Lee which is a former Google employee. And it was a fork of the Bitcoin-Qt client in which differing primarily by having a decreased block generation duration period and increased the maximum count of coins, then a different hashing algorithm with the script instead of SHA-256, and lastly with a slightly modified GUI.

And during the month of November in the year 2013 in which the aggregate value of the Litecoin experience an immense growth that covers a 100% leap that happens just within 24 hours. Right after then, Litecoin has reached up to $1 billion MarketCap right in the same month of November year 2013. And as of February this year its market capitalization is at over the summation of $136,512,971 US Dollars together with the price of $3 levels. And then Litecoin version 0.8.5.1 was released in November year of 2013; in which the release include the fixing right for the vulnerabilities and also added a well-improved security right to the Litecoin network.

How the Litecoin development goes? As the Litecoin developer team has released the version 0.8.6.1 in earlier of December of the year 2013. And the new version has offered a 20x reduction right in the transaction fees; along with the other security and the performance upgrading right in the client and the network as well. The source code and also the binaries were being released early to the people in the “#Litecoin” right in the IRC channel and on the official Litecoin forums, and on the Reddit, together with the information for the power users to be able to add a Litecoin super mode right in the configuration file, while the main site was to be updated right after enough of the network was running the new version. And this particular release method was being used to be able to ensure that the small fees of transaction right from the version 0.8.6.1 clients would not be delayed by the customers running the older versions. And in April of the year 2014, a new version of the Litecoin was released with the version 0.8.7.1 in which has fixed some of the minor issues along with important fix associated right to the Heartbleed security bug.

What are the differences of Litecoin from the Bitcoin? The Litecoin Network aims to be able to process a block with every 2.5 minutes rather than the Bitcoin’s 10 minutes in which the developers claim allocates right for a quick and easy transaction confirmation. And a drawback is a higher possibility of orphaned blocks. The advantages can therefore include a greater resistance right to a double spending attack over the same duration period as the Bitcoin. However, a total work that is done is a consideration. Just for an example was if the Litecoin Network has comparatively ten times less computing work done per block than the Bitcoin Network, then the Bitcoin confirmation is around 10 times harder to reverse even though that the Litecoin Network is similarly to add confirmation blocks at a rate four times more rapidly.

The Litecoin uses a scrypt right in its proof-of-work algorithm together with a following memory-hard function requiring asymptotically in which are having more memory than an algorithm in which is not a memory-hard. And the Litecoin Network will be able to produce up to the summation of over 84 million Litecoins or four times as several currency units as will be issued by the Bitcoin Network.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Bitcoin Can Probably Make It But 90% Of The Altcoins Won’t!

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The Altcoins are springing up on a daily basis, and people might have observed that they regularly appear on the lists of the CoinMarketCap. On the other hand, Ethereum Classic’s Charles Hoskinson foresees that about 90% of the Altcoin that will possibly end its career right on the near and approaching future.

And to be fully certain of the sustainability of the cryptocurrency Charles Hoskinson believes that the Treasury Mechanic measures must be taken sincerely. And in these recent times, there are several Altcoins which have come in the very situation of examination due for employing the pump and dump strategies just to be capable of swindling their holders. For a mere example is the CageCoin which recently rose by 31,000 percentage points but suddenly knocked down just within the 24 hours. The fact that it is relatively essential that the community members fully endure the necessary due to diligence upon investing in any single coin. And this is critical at the moment when the digital currency is scaling and convincing sceptics as well, and it is not a nine-day wonder but has in actual fact of staying.

Right on a divergent circumstance, Charles Hoskinson holds they view that the Bitcoin is not in the variant of the unsustainable coins and the strength of every single currency right in its communities, not its technology per se. And he elaborates that the technology can incentivize more community to come but it fully cannot be able to replace it. The Bitcoin has the well-established community of all of the cryptocurrencies and at the very same time the most resilient. The mere fact that it has survived for over the billion dollars of theft, plus the dozens of death declarations and exchange failures together with several so-called leaders who are trying to hijack to project and the founder leaving. And it is completely astonishing that the Bitcoin has endured and flourished. Furthermore, I do not really deem that the Bitcoin is going to die. To a certain extent, the better question is where it will stop. Beyond doubt, it is the only thing for all of the currencies in which includes the US Dollar. And it is merely strong for the reason that the people accept and take it for the goods and the services. And picture that if they unexpectedly stopped, the dollar would be in dilemma.

Hoskinson states that he does not really think that the Bitcoin is going to die. And to a certain extent, the better question is where it will stop. He also claims that it will either become as a universal payment system or just as simply as a digital gold standard that stores and keep value. And alongside with the standard of measurement enhancing promptly with the infrastructures similarly to the ATMs, debit and credit cards, and there are hundreds of thousands of the merchants, it is quite difficult to dispute. Numerous of the contractors right in the Eastern Europe are now doing the dev work for the Bitcoin and the fact that it is quite known in Ukraine.

Read More: www.ecoin.eu (http://www.ecoin.eu)

Must Know Right Before Investing In Altcoins…

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Charles Lee,the creator of the Litecoin, has said that most of the Altcoins have no innovation, instead of it they have feeble developers, deceitful marketing or even terrible incentives. And comingfrom in a series of tweets which targets at giving and reaching out his thoughts regarding the cryptocurrencies and how he assesses on upon or not to invest money into any single of Altcoins. As he mentioned that in order to stick out right from the crowd of the Altcoins, there are tons of coins that do a bunch of shady things similarly in making premises that are just even BS; plus there are several of the coins which are only solutions looking right for a problem or even just do not showcase enough innovation at all.

As of these days, there are gatheredalmost 1000 alternative currencies, as based with the CoinMaerketCap.com, only a few of themare being widely used. And the fact that there is a point of view that nearly and almost every single of them were being established and yet also created to fail right in the very first place. And Max Kordek, the CEO of the Lisk, has even said that the biggest oversight of the several creators is to get right to the very bottom of every single thing at once and also trying to execute dozens or even massive different features causing to neglect that even the project with a great vision have also some dilemmas. And a failure rate right for the regular startup is garnering a percentage of 90 in which is probably a way to big than the Blockchain industry in the very first place.

And it takes a long period of time to be able to establish the foundation for a good product, and then the design of a great UX right for hundreds of thousands of the users as to be expected. And there are several causes for which Altcoin market is considered as dangerous and highly competitive, hitherto, beneficial in a way. And also accumulating numerous of new features and tools makes a coin even more triumphant right in the room for the vast profits but at the very exact and same time, there is a similar quantity of risks at stake. And with the year still fresh andlooking somewhat promising, Charles Lee clarifies a quite number of the features that he seeks outfor his assessments. In which includes the innovations, a competent developer, honest marketing and also fair incentives. He also mentbring a lot of innovation and also at the same time as well was trying a lot of greater things just to be able enough to push their innovation.

Charles Lee has even said that without a strong team, there is a small chance that a certain coin will be able to pull it out and succeedin a long term. And when I saw some teams which are spending their resources on their marketing over the tech, I know that they are settling their priorities in the wrong place; he also emphasizes in his tweets that the strong teams he has viewed pertain with the Ethereum, Monero and the Decred. And the fact that he keeps away right from the premines, the instamines or even the ICOs as they are rewarding the developers excessively and he also considers that there are several white papers which arefilled with the technical terms that probably make no sense at all but just confuse the readers.

And without mentioning the Litecoin, he evaluates the Bitcoin, the Monero, and the Decred as the highest coins and citing that the Decred has spent a year span on doing their codes to be enhanced its consensus and also the governance system as well, and Monero which did not have a GUI wallet. And the Ethereum is close; he also said that the decision right into hardfork and turn back right on the “uncensorable transaction” dreadfully hurts. And the fact that he states that if you have something great in you, just work hard and success is right ahead of you. And if you do not, try to lure in with the people in their fancy marketing.

Read more: www.ecoin.eu

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Today (20.02.2018), there will be a tehnical works of about 3-5 hours.
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Specific character of the cryptocurrency investments!
Cryptocurrency is a new, modern kind of currency. In general the functions of most of cryptocurrencies are similar like, for example, euro or US dollar, but with some important differences...
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Read the full article here: https://www.ecoin.eu/en/news/article/663/Cryptocurrency-Bitcoin-Litecoin-Ethereum-investment/ (https://www.ecoin.eu/en/news/article/663/Cryptocurrency-Bitcoin-Litecoin-Ethereum-investment/)

Romania's Oldest Bitcoin Exchange Is Shutting Down Next Week.

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BTCxChange, the first Bitcoin exchange in Romania launched in 2014, will close down starting May 1.
See more: https://www.ecoin.eu/en/news/article/669/cryptocurrency-exchange-BTCxChange-will-end-its-work/

The head of Union Bank of Philippines, Edwin Bautista, says that Cryptocurrency has a potential.
Read more:https://www.ecoin.eu/en/news/article/676/Bitcoin-news-Union-Bank-Philippines/ (https://www.ecoin.eu/en/news/article/676/Bitcoin-news-Union-Bank-Philippines/)

The first bitcoin wallets have been created for the Lightning network

With the launch of Lightning Network,the application developers for the bitcoin network also have livened up. The applications IOS and Android have appeared. LND Think Wallet lets you send and receive bitcoins, scan transaction details, open new channels, and create deposits in the Lighting wallet. The developer is the company Union7 Labs, Inc.
At Google Play ,two Lightning wallets are offered - Bitcoin Lightning Wallet and Atom Lightning Wallet.

See more:https://www.ecoin.eu/ (https://www.ecoin.eu/)

The value of Cryptocurrency is experiencing a sharp drop.
The hack of a cryptocurrency exchange in South Korea is being blamed for a sharp drop in bitcoin and other popular currencies...
Read more: https://www.ecoin.eu/en/news/article/690/Cryptocurrency-value-sharp-drop/ (https://www.ecoin.eu/en/news/article/690/Cryptocurrency-value-sharp-drop/)

Todd Gordon: the price of Bitcoin will drop below $ 5,000, but in 2019, it will reach $ 10 000

See more: https://www.ecoin.eu/en/news/article/694/Todd-Gordon-bitcoin-price-forecasts/ (https://www.ecoin.eu/en/news/article/694/Todd-Gordon-bitcoin-price-forecasts/)

SEC will create a unit to work with cryptocurrency companies...
Read more: https://www.ecoin.eu/en/news/article/764/sec-will-create-unit-finhub-to-work-with-cryptocurrency-companies/ (https://www.ecoin.eu/en/news/article/764/sec-will-create-unit-finhub-to-work-with-cryptocurrency-companies/)