Bitcoin Forum

How is Nilecoin successful?
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=> What are the factors contributing to the success of an ICO?
Actually, Nile has performed the lending program for a long time and achieved positive outcomes.
The upcoming ICO will be our breakthrough. It is believed to be a great success and appeal to many large investors.
website: https://ico.nilecoin.org/

What is that? This is no announcement on anything. There are no details at all. This thread should be deleted.

I didn't find the white paper here and in your website, and the information of the project can be used in many cryptocurrency, what is innovative features of this project?

So, what's the purpose of having your token?

Hello,
Thanks for your interest in Nilecoin.
This is our ANN thread: https://bitcointalk.org/index.php?topic=2506279.msg25633451#msg25633451 (https://bitcointalk.org/index.php?topic=2506279.msg25633451#msg25633451)
The Whitepaper is now updated on the website, please check it out :)
What makes Nilecoin so different from other ICO is that NIL has already been listed and traded on exchanges and has attracted a large community. For this reason, the price will not be fixed in the ICO but subject to change in accordance with market demand.

For more information, please visit our website at https://ico.nilecoin.org/ (https://ico.nilecoin.org/)
Or our social networks:
Facebook: https://www.facebook.com/NileCoin-ICO-141198129935236/ (https://www.facebook.com/NileCoin-ICO-141198129935236/)
Twitter: https://twitter.com/NileCoin_NIL (https://twitter.com/NileCoin_NIL)
Instagram: https://www.instagram.com/nilecoinico/ (https://www.instagram.com/nilecoinico/)
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1372928 (https://bitcointalk.org/index.php?action=profile;u=1372928)

hi, i intresting with youre project, nile coin, but can you tell me about youre team and anythink about this project ? thanks before, good luck

Hello,
Thank you for your recommendation, and we are so sorry for the inconvenience.
This is our ANN thread, please check it out: https://bitcointalk.org/index.php?topic=2506279.msg25633451#msg25633451 (https://bitcointalk.org/index.php?topic=2506279.msg25633451#msg25633451)
For more details, please visit our website at https://ico.nilecoin.org/ (https://ico.nilecoin.org/)
or our social networks:
Facebook: https://www.facebook.com/NileCoin-ICO-141198129935236/ (https://www.facebook.com/NileCoin-ICO-141198129935236/)
Twitter: https://twitter.com/NileCoin_NIL (https://twitter.com/NileCoin_NIL)
Instagram: https://www.instagram.com/nilecoinico/ (https://www.instagram.com/nilecoinico/)
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1372928 (https://bitcointalk.org/index.php?action=profile;u=1372928)

Hello,
Thank you for your interest in our Nilecoin, that makes our day :)
About the team, we think that this may not be the most suitable moment to disclose the team profile. This will be done later on. Should this causes any inconvenience, we are so sorry.

What makes Nilecoin so different is that it has already been traded on several exchanges and has attracted a large community. Therefore, the price in the ICO will not be fixed but subject to change in accordance with market demand.

About the project information, please check our ANN thread (https://bitcointalk.org/index.php?topic=2506279.msg25633451#msg25633451 (https://bitcointalk.org/index.php?topic=2506279.msg25633451#msg25633451))
and our website: https://ico.nilecoin.org/ (https://ico.nilecoin.org/)

Nilecoin's social networks are also active now,  please have a look:
Facebook: https://www.facebook.com/NileCoin-ICO-141198129935236/
Twitter: https://twitter.com/NileCoin_NIL
Instagram: https://www.instagram.com/nilecoinico/
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1372928

We look forward to have you as our investors.
Thank you.

Hello,
Nilecoin has already been listed and traded on exchanges, and has attracted a large community.
The use of Nilecoin on the platform of Nilechain technology demonstrates multiple advantages to users, including the transaction speed, fee and security...

For more information, please visit our website https://ico.nilecoin.org/ (https://ico.nilecoin.org/)
Nilecoin social networks are also active now:
Facebook: https://www.facebook.com/NileCoin-ICO-141198129935236/ (https://www.facebook.com/NileCoin-ICO-141198129935236/)
Twitter: https://twitter.com/NileCoin_NIL (https://twitter.com/NileCoin_NIL)
Instagram: https://www.instagram.com/nilecoinico/ (https://www.instagram.com/nilecoinico/)
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1372928 (https://bitcointalk.org/index.php?action=profile;u=1372928)

Hope that this can raise your interest in Nilecoin. Please stay tuned for the ICO.
Thank you.

Update on Bitcoin price at the end of March 18, 2018

::) ::) The Latest data from Coinmarketcap shows that Bitcoin has been traded at roughly $8.283.

Since the beginning of 2018, Bitcoin has witnessed more decrease than increase in price. The coin has experienced continuous plunges due to external factors, especially the rules, regulations and management made by the authorities of many countries. Bitcoin fluctuation has adversely affected the transaction fees and exchange rate with altcoins.

It is highly recommended that the investors follow Bitcoin price daily at https://coinmarketcap.com/

#NIL (https://ico.nilecoin.org/)
NilecoinTeam (https://ico.nilecoin.org/)

 ::) Taiwan officially supports the mainstream adoption of Bitcoin, ICO and Blockchain  ::)
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Taiwan’s Financial Supervisory Commission (FSC) has expressed its support for the mainstream adoption of initial coin offerings (ICOs), virtual currencies, and Blockchain in the country. The move is similar to Japan’s friendly approach to the disruptive innovations and in contrast to the campaigns by China and South Korea against them.

Based on a report by The News Lense, the Taiwanese government’s support for ICOs, digital currencies, and Blockchain was announced by FSC chairperson Wellington Koo following a request made by Congressman Jason Hsu of the Nationalist Party during a parliamentary session.

In his announcement, Koo said that there would be no outright prohibition on cryptocurrency-related activities in the country. He further claimed that the government will support innovators in their bids to experiment with Blockchain and virtual currencies.

In his comment on Koo’s statement, Hsu said that the parliament will also pass the “Financial Technology Innovation Experimentation Act” to support the government’s action. Under the bill, all financial technology (fintech) activities and Blockchain startup companies will be allowed to freely operate in the country’s deregulated industry.

“Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities.”

#NIL (https://ico.nilecoin.org/)
NilecoinTeam (https://ico.nilecoin.org/)

Japan Warns Binance Exchange Over Licensing Issue

Japan's top financial regulator has issued a warning to cryptocurrency exchange Binance.
In a statement published by the Financial Services Agency on Friday, the agency confirmed Thursday's news that suggested Binance was about to be warned by the financial watchdog given its lack of registration with the regulator.
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Update: Mar 23, 2018 at 03:04 UTC
Link: https://www.coindesk.com/japan-warns-crypto-exchange-binance-licensing-issue/

NilecoinTeam (https://ico.nilecoin.org/)

Identity of Bitcoin creator revealed in an e-book by a notorious criminal
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Cryptocurrency, Blockchain and Bitcoin are gaining in popularity and have become common terms in the world. Who is Satoshi Nakamoto? Is he truly a 37-year-old Japanese man or is there any organization behind him? - These are still unanswered questions.

However, recently, according to ccn.com, a notorious criminal stated that he had met Satoshi Nakamoto in person. This guy even published an e-book to express his impression on Bitcoin creator.

He is Roberto Escobar, the brother of deceased Colombian drug kingpin Pablo Escobar. He served more than 11 years in a maximum security prison for his role as an accountant for the Medellin cartel.

So how could he know the truth about Satoshi Nakamoto? Actually, after a long time of cooperation, Roberto decided to find another way for himself, and cryptocurrency is a potential one.

Most notably, Escobar claims to have met pseudonymous Bitcoin creator Satoshi Nakamoto, who he says wanted to partner with the Escobar family to create a new cryptocurrency. Escobar even included a photocopy of Satoshi’s passport as proof of the meeting.

However, Escobar later discovered that Satoshi was actually an agent of the US government, after which he realized that Bitcoin was a CIA plot.

He wrote as if he could promote the vision of Bitcoin creator:

“I am the first person in the world…to publicly come out and claim that Bitcoin was created by the American Government, and I am not going to be the last person to say this. The world is going to wake up. The world is going to see that this was created by them. And when they see it, it is too late, and when the CIA founds out that the world knows about this, the CIA is going to sell all of their coins, and they will destroy the value of Bitcoin.”

There is a lack of evidence to say that the American Government can destroy everything. We need to take many other factors into consideration. However, it somehow affects the way we view Bitcoin’s origin and urges us to be more careful in cryptocurrency investment

#NILECOIN (https://ico.nilecoin.org/)
#NIL (https://ico.nilecoin.org/)

CURRENT CRYPTOCURRENCY TREND

↘️The blossom of such cryptocurrencies as Bitcoin, Ethereum, Litecoin together with the increase by hundreds of times in many cryptocurrencies' price in 2017 has made crypto an attractive and potential market as well as drawn the attention of investors, big investment funds and individuals. Data at the end of 2017 showed that Bitcoin and ETH prices had increased by 20 ad 120 times respectively. Many other coins also witnessed a bound in price for a short period of time.

↘️It is the fast, great and unpredictable increase in price (up to 50-100 times/day) that attracts the crypto investors. In contrast, it can also plunge quickly, by up to 50-80% of value compared to that in the previous day. The investors view it as a promising field to make an investment in because high risk score means high chance of big profit.

↘️Crypto investment (https://ico.nilecoin.org/)has become a trend. There is a great and dramatically increasing number of investors in this niche, calling for a notable volume of capital invested to earn profits, hold digital assets with a great number of matched transactions and record transaction volume per day. There was the time when Bitcoin price reached the peak at $20,000 then plunged to below $15,000.

↘️Research and evaluation by leading experts in the world shows that 2018 will be another promising year for cryptocurrency with the participation of more cryptos as well as individual investors and investment funds in this market

NilecoinTeam (https://ico.nilecoin.org/)

Report: Russia's Gazprombank to Test Cryptocurrency Service

 ::) Russia's third-largest state-owned bank wants to let its wealthy clients trade cryptocurrencies, an official said.

Gazprombank deputy chairman Alexander Sobol said the bank may launch a pilot program this year, though it is early in the planning stages.

As such, there are no firm details yet on whether Gazprombank itself will invest in cryptocurrencies or just allow its customers to do so. Sobol said his team is "trying to follow the situation actively," according to Russian daily news organization Vedomosti.

;D For more information, click here:  https://www.coindesk.com/report-russian-state-owned-gazprombank-to-trial-cryptocurrency-transactions/


NilecoinTeam (https://ico.nilecoin.org/)

South Korea arrests 14 on suspicion of discount Bitcoin mining
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South Korean authorities have arrested 14 operators allegedly involved in illegally subsidized Bitcoin mining, local media outlet Yonhap reports April 1.

As Yonhap reports, police arrested 14 people suspected of running Bitcoin mining setups using unfairly subsidized electricity since May 2017.

A total of 13 companies were complicit, each using up to 350 machines to mint bitcoins with an energy discount of 10%.

“These companies were found to be able to use electricity at a price 10% lower than that charged for general purposes, as well as rent factory space at a low price,” Yonhap continues.

The events underscore what continues to be a sore point for jurisdictions around the world regarding cryptocurrency (https://ico.nilecoin.org/) miners.

As Cointelegraph reported, lawmakers in several US states and Canada have criticized the lack of perceptible benefits new mining companies bring to them in return for requesting cheap power.

China has significantly scaled back its previously buoyant subsidized mining market, while South Korea continues to push forward with regulatory changes affecting various spheres of the cryptocurrency industry.

The arrested miners meanwhile appear not to be facing significant punishment, with fines on the horizon, according to Yonhap.

#NILECOIN (https://ico.nilecoin.org/)

Security feature and password recovery with 16-word security

In order to serve and support Nilecoin investors with the best, NilecoinTeam has added the Nilechain Wallet Security feature at http://nilechain.info/.

▪️Security Features: secure your Nilechain Wallet account with 16-word security.
▪️Feature Description: The Nilechain system will provide 16-word security for every account on http://nilechain.info/ . Investors can activate this feature on their account and remember that 16 words for later use.
▪️Purpose of the feature:
+ Helps keep your Nilechain account safe
+ Recover account password when forgot

- Access your Nilechain account at http://nilechain.info/ to install this security feature.
- Link for Instruction: https://nilechain.info/document/how-to-install-16-word-security-on-nilechain-info.pdf

#NILECOIN (https://ico.nilecoin.org/)
#NILECHAIN (https://ico.nilecoin.org/)
#NIL (https://ico.nilecoin.org/)

Coincheck officially sold for $ 33.5 million to Monex
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Monex, Japan's No. 3 Online Brokerage Platform, has officially entered the digital currency market by an acquisition with Coincheck for 3.6 billion yen ($ 33.5 million).

Monex has announced that it will acquire 100 percent of shares of Coincheck Inc, which is worth 3.6 billion yen or $ 3.6 billion, according to a Monex press release April 6. The Agreement about this acquisition is also signed on that day.

Monex's current Managing Director, Toshihiko Katsuya, will assume the post of Chairman of Coincheck, while Monex Chairman Oki Matsumoto will personally be a member of the new Board of Directors of this Tokyo-based exchange.

“We recognize blockchain technology and cryptocurrencies as next-generation technologies and platforms which are likely to drastically change the way people approach money,” the company said.


As the world's fifth-largest brokerage platform in 2017, Monex began exploring and developing Blockchain applications through the founding of the Money Cryptocurrency Lab in October 2017 as the way to take the initiative in receiving this new type of financial technology.

Highlighting its efforts to participate in its e-money segment, this online brokerage firm announced:
“The cryptocurrency exchange business plays a core part in a vision of Monex’s new beginning. Therefore, the company has resolved on 100% share acquisition of Coincheck.”

From this incident, Bitcoin price is expected to increase.

#NILECOIN (https://ico.nilecoin.org/)
#NIL (https://ico.nilecoin.org/)

Increase in crypto price and crypto maket value of 22.2%

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According to Coinmarketcap, Bitcoin price suddenly increased to $7,806.44. One of the largest Cryptocurrency investment funds stated that this would be the right time to buy Bitcoin.
Bitcoin price unexpectedly increased by 1,000 USD for 30 minutes to pass through 7,000 USD after consecutive plunges.
The price gains represent a 12 per cent increase since this time yesterday and a 14 per cent increase week-on-week. In the last year, bitcoin has risen by over 500 per cent in value. The total cryptocurrency market cap for the last 24 hours has increased by 310.4 USD, equal to 15% since 24 hours ago. For the past 7 days, the cryptocurrency market cap has grown by 22.2%.

Today’s rise doesn't appear to be driven by any significant news stories. However, some advocated that it is the changes in investors’ mind that led to the increase.
Matt Greenspan, a financial analyst, claimed that Wall Street crypto investment will eventually trigger a stabilization in price. He said: “Definitely Wall Street is getting involved and they are building the bridges as we speak, whether they are going to go full on bull or full on bear, we don’t know. But the important thing is that they’re ready to take on and to inject new liquidity into this market which at least should even things out and stabilize the price.”
However, Cooper, the head of mobile in startup fintech Revolut told The Independent that the investors were advised to be careful with Bitcoin’s temporary rise.
Let’s wait and hope that Bitcoin will come back to its peak as it did in 2017.

#NIL (https://ico.nilecoin.org/)
#NilecoinTeam (https://ico.nilecoin.org/)

Today April 16, Bitcoin price has bounded over $8,100.00

According to CoinMarketCap, Bitcoin is trading at $8,147.05 with an increase of 20% within a week. This is the highest price recorded since Mid March. The total market capitalization will reach 350 billion USD in 2 months after it has been recorded at 335 billion USD.
Bitcoin is predicted to keep increasing in price and NILECOIN price will surely increase, too. Let’s wait and see.

NIL (https://ico.nilecoin.org/)
Nilecoin (https://ico.nilecoin.org/)

The largest Bitcoin Exchange in the world
💫💫💫💫
Recent data from the Japan Financial Services Agency show a great interest of Japanese investors in crypto, with 3.5 million active traders in the country.

The survey was conducted from 17 Japanese Crypto Exchange, indicating that the most traded crypto was BTC, ETH, XRP, BCH, and LTC. Most crypto traders are between the ages of 20 and 40, of which 34% are in their 30s.

Over the past three years, the value of Bitcoin has risen from $ 22 million in 2014 to $ 97 billion in 2017. At some point in the same period, investors witnessed an unbelievable rise from $ 2 million to $ 543 billion. This could be the Golden Mark for both Bitcoin and Cryptocurrency Exchange.

Japan is currently the world's largest Bitcoin trading market. The Government also has their eyes and hands over the Crypto Exchange, maintaining sustaining growth in a controlled environment. Certainly, Japan will be the most promising market for the bright future of Cryptocurrency.


NilecoinTeam (https://ico.nilecoin.org/)

Announcement:  Opening Internal Exchange

Dear Nilecoin Investors,
- Nilecoin Internal Exchange will officially open on April 20th, 2018, serving the purpose of trading BTC and ETH.
- Also, we are delighted to send you a guidance about  NIL Exchange operations:
Link tutorial: http://nilecoin.org/document/how-to-trade-on-nil-exchange.pdf?v=1
- NIL Internal Exchange will be integrated into the Nileoffice system, which will also be added some new feature. Please visit https://www.nileoffice.com  to make a transaction.

Best regards,
NilecoinTeam (https://ico.nilecoin.org/)

India’s Central Bank has been taken to court due to its cryptocurrency crackdown
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India’s complicated relationship with cryptocurrencies and firms dealing with them has now reached the courts.

On April 22, the Delhi high court issued a notice to the Reserve Bank of India (RBI) after a petition challenged the banking regulator’s April 06 order barring lenders from doing business with cryptocurrency exchanges. The RBI directive told banks to wind up their existing business relationships with such firms by July this year, signalling the end of the road for several entities in the Indian virtual currency ecosystem.

The petition was filed by Kali Digital Eco-Systems, which had plans to launch its own cryptocurrency exchange, CoinRecoil, in August 2018. The Ahmedabad-based firm has challenged the RBI order on two grounds: Under Article 19(1) (g) of the Indian constitution, which allows citizens to enjoy the right to carry on any occupation, trade, or business; and Article 14, which prohibits discrimination and mandates equal protection under the law for all.

Besides the banking regulator, Kali’s petition also includes the government of India and the goods and services tax (GST) Council. The petition states that it’s the government that has empowered the RBI to take such drastic measures against exchanges, and the GST Council hasn’t yet formulated the requisite rules for digital currencies, causing the present situation to arise.

The next hearing of the case is scheduled for May 24.

The Narendra Modi government, meanwhile, has set up a committee under Subhash Garg, secretary of economic affairs in the finance ministry, to prepare a draft law for bitcoin and other cryptocurrencies. The panel’s report is likely to be submitted by March 2019.

NilecoinTeam (https://ico.nilecoin.org/)

Bitcoin moves at a rapid pace - Good news for investors
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Bitcoins are trading at $9.246,95.
Many analysts have conducted the same statement that Bitcoin's decline in the past two months is caused by investors selling a large amount of cryptocurrency to pay off taxes for last year profit. Fundstrat Global Advisors' Tom Lee estimates that US households need to pay $ 25 billion (tax) to the tax department. He predicted that Bitcoin would recover after the tax day ended and the peak will be around $ 20,000.

Lee also said in a note for investors that " the U.S. tax day is behind us (April 17th) and since then, the overall tone in the crypto market has improved. We believe the ‘winter’ is ending for Bitcoin (https://ico.nilecoin.org/), as the crypto to fiat pressures from tax day subside, and as headline risks seem to be fading .”

In addition, Bitcoin increased sharply is partly because of loosening policies and open investment environment from major financial institutions in the world.

" policymakers should keep an open mind and work toward ­­an even-handed regulatory framework that minimizes risks while allowing the creative process to bear fruit," statemented in an article from The Guardian by Christine Lagarde, chief executive of the IMF.

Lagarde has presented this recommendation in IMF's annual meeting this week in Washington, amid regulatory authorities in many countries are still figuring out how to manage the Cryptocurrency - the type of asset designed to transact without the need of authorizing of any Central bank.

#NIL
#NILECOIN

NilecoinTeam (https://ico.nilecoin.org/)

Dear Nilecoin Investors
Nilecoin Internal Exchange has been open for almost a week now, do you have any difficulty using it?
For those who have yet known, Nilecoin Internal Exchange is integrated into the Nileoffice system as mentioned in our latest announcement. Please visit https://www.nileoffice.com to make a transaction!
-If you have any questions, please let us know by sending emails to support@nilecoin.org. Thank you!
-Nilecoin Internal Exchange Guidance: http://nilecoin.org/document/how-to-trade-on-nil-exchange.pdf?v=1

NilecoinTeam (https://ico.nilecoin.org/)

The team members should be listed on the website. It's hard to totally believe when I do not have a good know about the team - that should be the first thing on the website.

Binance CEO support ICOs
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Changpeng Zhao, CEO of Binance, claimed that ICOs are the easiest way to crowdfunding and expressed his support for ICO.

Changpeng Zhao also said that ICO works better than the traditional one.

He stated that "ICO can raising fund 100 times easier than traditional mobilization."

Through my own experience and researching hundreds of projects, ICO do make fundraising easier and more efficient.

However, Zhao acknowledged that the current ICO model has yet perfected as there are frauds remained and the risk is still high. Still, it has already surpassed the traditional model in success rate. CEO Binance also believes that compared to traditional investment projects, the ICO has a higher success rate. ICOs is mostly for new projects and has high risk. But the difference here is that investors are aware of and willing to take the risk.

Zhao concludes that investors are gradually putting their bet on ICOs rather than the traditional one.

NilecoinTeam (https://ico.nilecoin.org/)

After one day of launching,  a blockchain-based application on WeChat was suspended

WeChat, a Chinese messaging app, a social media, and an intermediate payment application developed by Tencent, has suspended a third-party Blockchain application to initiate agreements with users, according to local news site Caijing reported on May 9.

Xiao Xieyi, a small showcase launched on last Wednesday, will allow users on WeChat to create contracts and unique social media IDs using Blockchain technology. This app aims to ensure reliability and authenticity of users’ content and identities.

According to Caijing, Xiao Xieyi users can encrypt and record agreements on the Ethereum-based network with a small fee. However, less than a day after the app came into work, the content of the program has been suspended for violating user policies.

The question here is that why let it launched then suspended it? Is it the policy of China that banned blockchain and its applications that caused the situation? Or because of the lacked licensing procedures for operating new apps of Wechat?


#NIL (https://ico.nilecoin.org/)
NilecoinTeam (https://ico.nilecoin.org/)

🛠️🛠️🛠️ ANNOUNCEMENT: NILECOIN SYSTEM MAINTENANCE PLAN
------------------------
Dear NILECOIN investors,

🛡️🛡️NilecoinTeam would like to make an announcement related to our system maintenance as follows: From 19:00 (UTC: -07: 00) 5/16/2018 to 00:00 (UTC: -07: 00) 5/19/2018, we would like to perform maintenance on the entire Nilecoin system (https://ico.nilecoin.org/).
👉Remark:
- No operations can be performed on nileoffice.com, Nilechain.info and Nilecoin Mobile App during the maintenance. When visiting these sites and App, you will see a maintenance announcement.
- Uncompleted transaction should be completed before the start date of the maintenance.

👉This maintenance will provide a totally new turning point. The old Nilecoin (https://ico.nilecoin.org/) system will be replaced with an absolutely new Nilecoin system in details as follows:
1. All users and your account balances will be synchronized with the new system.
2. Other data on the old system will be changed, including wallet addresses.
3. Mining on Mobile devices will be integrated with the new system, thus speeding up and completing the system.

👉Why is it required to perform maintenance and head for a new system?
With the plan announced to the investors right from the initial stages of Nilecoin project, Nilecoin developer team has been trying to build up, complete and upgrade the Nilecoin systems in order to gradually enhance the security, transparency and reduce transaction fees on the system. On the world of Digital money with the daily updated technical and technological advances, we have already captured and conducted researches on advanced development, thus building a new system to replace and synchronize with the old antiquated Nilecoin system.

The new system has been completed and tested on Testnet with the following remarkable functionality:
1. Increase the block size from 1MB to 4MB
2. Optimize the fees of each transaction
3. Increase the transaction speed (unlimited number of transactions)
4. Complete the mining system with the algorithm against the 51% attack, and especially enable Mobile mining
5. Make changes in reward mechanism in such a way that bring more benefits to the miners, thus increasing the number of nodes on the system so that it can operate in a totally secure way.

⚙️We would like to perform the maintenance and transformation under scheule as well as notify you right after it has been completed.

 💡Support email: support@nilecoin.org
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Regards,
NilecoinTeam (https://ico.nilecoin.org/).

I have read 2 Ann about Nilecoin, but I still have not found out in detail about this project, be it a website that explains about this project and whitepaper

I see this is a very good project. This project looks interesting and better than the other project
Egretia

💥💥💥Nilecoin system re-open
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🍀🍀Dear Nilecoin investors,

Nilecoin Team (https://ico.nilecoin.org/) would like to announce the re-open of our system after maintenance. The basic functions have been accomplished. However, we are still working some other functions. We will inform you at the full completion later on.
In the maintenance, we have made some changes to the "Receive" function as follow: The system will generate a new address each time you make a receiving request.

🔊🔊Note: The synchronization is compulsory to be able to login Nilechain system. The system will generate a new wallet address and maintain the balance of your account. Other data like old wallet address and transaction history, albeit backed up for support, will no longer be displayed on the system. A transaction on Nilechain will require at least 1 confirmation to be completed.

🔊🔊Guidelines on data synchronization:
1. Login your Nilechain account here (https://nilechain.info/system/signin)  -> Click on LOGIN
2. You will see a popup asking for confirmation on data synchronization -> Click on YES
3. The system will send you an email which contains a link to confirm your account ownership and a NEW PASSWORD of the account. Please click on SYNCHRONIZE to confirm.
Afterwards, please use your email and new password to login.

The transformation of Nilechain system has marked the boom of the entire system as well as the Nilecoin community. Congratulations on this development of Nilecoin!

Nilecoin Investors, if you have any questions or need any assistance, please contact us at our Support email: support@nilecoin.org.

Sincerely thank you!
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Regards,
NilecoinTeam (https://nilecoin.org/)

Synchronize data to access the new Nilechain system

Dear Nilecoin Investors,
After the announcement, have you synced account data on Nilechain yet?
We would like to reiterate that, to ensure your own benefit, please visit Nilechain and synchronize data as follows.
Step 1: Login to the Nilechain account. If you have yet registered, click Here, follow the steps then Click LOGIN
Step 2: A popup will appear on the screen and ask you to confirm sync data -> Click YES.
Step 3: The system will send to your email address a link requesting confirmation of the account owner accompanied by your new PASSWORD -> Click SYNCHRONIZE to confirm.
Once the data synchronization is complete, you can use your email and the new password to access the system.
Thank you!

NilecoinTeam (https://nilecoin.org/)

Bitcoin Pizza Guy: Laszlo Hanyecz on Why Bitcoin is Still the Only Flavor of Crypto for Him

You may think that you have never heard of Laszlo Hanyecz, a Florida-based programmer working for online retail company GoRuck, but you’d probably be wrong — Hanyecz was behind the inspirational purchase of two pizzas from Papa John’s for 10,000 Bitcoin (BTC) back on May 22, 2010, making this week a celebration of Pizza Day’s eight year anniversary.
 https://cointelegraph.com/news/bitcoin-pizza-guy-laszlo-hanyecz-on-why-bitcoin-is-still-the-only-flavor-of-crypto-for-him

NIL (https://nilecoin.org/)
NilecoinTeam (https://nilecoin.org/)

Nilecoin - Potential and development
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👍👍NilecoinTeam has just made a major improvement in the Nilecoin system recently. The purpose of this change is to create better investing-environment for Nilecoin investors while enhancing security, transparency, and stability of the system. We, investors and Nilecoin Team, together are moving forward to achieve our once set goals. Although words cannot describe our gratefulness, we would like to say thank you for all the support we have received up until now.
👍👍Also, If your account balance has yet updated on your wallet and displays 0, please check your synchronization confirmation on the new Nilechain system.

 🍀If you have any question, please let us know by sending emails to support@nilecoin.org🍀
#NIL
#Nilecoin
NilecoinTeam (https://nilecoin.org/)

💥💥 The UK Government's Official Archive Is Testing Blockchain 💥💥
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The National Archives (TNA), the official record-keeper of the UK government, is investigating the use of blockchain for records sharing.

The research project, dubbed Archangel, is being led by the University of Surrey and involves partners such as the Open Data Institute. Among other goals, the initiative will explore the extent to which blockchain can address pressing questions related to archive management.

In a blog post published Tuesday, Alex Green, the Archives' digital preservation services manager, wrote:
"How can we demonstrate that the record you see today is the same record that was entrusted to the archive 20 years previously?... How do we ensure that citizens continue to see archives as trusted custodians of the digital public record? To address these questions, Archangel is exploring how we can know that a digital record has been modified and whether the change was legitimate so that ultimately it can still be trusted as the authentic record."

"Specifically, the project is investigating how blockchainL (https://nilecoin.org/) might be used to achieve this," Green added.

As one of the world's largest and oldest archives, The Archives is a leader in setting standards and best practices in the field. As such, the project aims to "deliver vertical impact to specific sectors within the Archives and Memory Institutions (AMIs) landscape, driven through end-user partner The National Archives."

ARCHANGEL has a proposed timeframe of 18 months. It is set to prototype a distributed ledger technology (DLT) service that will "collect robust digital signatures derived from digitized physical, and born-digital content," according to Green.

The research is funded by the Engineering and Physical Sciences Research Council, which invests more than £800 million a year in fields such as mathematics, materials science, and information technology.
~By Coindesk~
#NILECOIN (https://nilecoin.org/)
#NIL (https://nilecoin.org/)

🔥🔥ANNOUNCEMENT: NILEOFFICE REOPENING AFTER SYNCHRONIZATION
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"Dear Nilecoin Investor,

↘️NilecoinTeam would like to announce that NileOffice has been re-opened after the Nilecoin and Nilechain system synchronization. You are highly recommended visiting the website https://www.nileoffice.com and updating the wallet address in Profile information section.

↘️How to update the wallet address:
- Step 1: Log in to Nilechain.info and copy the Nilecoin wallet address
https://scontent.fhan4-1.fna.fbcdn.net/v/t1.0-9/34963071_1239597832844345_3926429625642647552_n.png?_nc_cat=0&oh=04c0f97a374dbcb9acb8dd51fed790e2&oe=5BB63211
- Step 2: Log in to Nileoffice and enter Profile information section at https://www.nileoffice.com/Account/Change-Personal-Information  
https://scontent.fhan4-1.fna.fbcdn.net/v/t1.0-9/35069881_1239590089511786_6964460792414470144_n.png?_nc_cat=0&oh=8b6e238286a10d5e728b69ce4a212e6b&oe=5B7C1838
- Step 3: Paste the nilechain address into the Nilecoin Address field
https://scontent.fhan4-1.fna.fbcdn.net/v/t1.0-9/34862754_1239590082845120_7653098312303640576_n.png?_nc_cat=0&oh=9e229fa0da3adf0c0d20b0b5770bcb34&oe=5B7997F2
- Step 4: Click Update Profile
https://scontent.fhan4-1.fna.fbcdn.net/v/t1.0-9/35056297_1239590116178450_7081086201226067968_n.png?_nc_cat=0&oh=3149472174bd4fe99bbb06ea7adb4764&oe=5BC350E9
↘️Should you need any further information, please do not hesitate to contact us at support@nilecoin.org. Sincerely thank you!

Best regards,
NilecoinTeam (https://www.nileoffice.com)

ANNOUNCEMENT: Disabling functions of iOS Nilecoin APP
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Dear Nilecoin Investors,

NilecoinTeam would like to deliver an announcement to all the investors who are using the Nilecoin App on iOS.

Currently, we have been reviewing and evaluating all of the platforms on Nilecoin system. During the process, statistics show that on iOS, processing information and transactions via Nilecoin App has not been fully optimized and functional.

In order to optimize the system and facilitate the investors’ transaction on iOS, we have disabled all the functionality and features available on iOS Nilecoin App. On the Android operating system, all the features and functions of Nilecoin App can still be manipulated as normal.

We would like to apologize most sincerely for any inconvenience. Your understanding would be highly appreciated. We will make an announcement about re-enabling the functionality and features of Nilecoin App on iOS as soon as possible in order to ensure the benefits of Nilecoin investors. Sincerely thank you!
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Best regards,
NilecoinTeam (https://nilecoin.org/)

At the beginning of the week, the coin market has witnessed a slight drop
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👍The electronic money market started a new week with a series of slight declines in the value of digital currencies. Such a tough begin!
👍Market capitalization of all cryptocurrencies is quite stable over a 24-hour period at $ 280 billion. It is such a great rise from the valley of $ 264 billion recorded last week
👍At this time, Bitcoin (BTC) is trading at $6.471,52 with little fluctuation over a 24-hour period. Ethereum (ETH) is also trading around the price recorded yesterday. Meanwhile, top ten cryptocurrencies listed on coinmarketve dropped sharply.
👍However, of the top 20 cryptocurrencies (https://nilecoin.org/) listed on Coinmarketcap, Binance Coin (BNB) and VeChain (VEN) are up the most over the last 24 hours. Binance Coin is trading at $16,71, which is up nearly 8.4% over a 24-hour period. VeChainis is up around 6%, trading at $3,02 at press time.

=>It is expected that there will be much more fluctuation new week. Let’s wait and see!

NIL (https://nilecoin.org/)
NilecoinTeam (https://nilecoin.org/)

https://scontent.fhan4-1.fna.fbcdn.net/v/t1.0-9/35470634_1245352992268829_5109872353265844224_n.png?_nc_cat=0&_nc_eui2=AeE1_UIFFGv_DxwcwNmPLQqtFXd4QpZ2avi6xn36pLmk0nzf-4M2Eas4CdxAJnkHbisBlaJhwve93pwMIRIwmv8EXcVoyy2yucVCvjPIXmm3Kw&oh=40b895887e097708bd1a37d596a75723&oe=5BC04EA9

↘️↘️Winklevoss Brothers Score Another Crypto Investment Patent

Crypto exchange Gemini founders Tyler and Cameron Winklevoss have long sought the creation of a bitcoin exchange-traded fund.

And while that process remains in flux, a company tied to the brothers has won another U.S. patent related to the creation of exchange-traded products tied to cryptocurrencies (https://nilecoin.org/) and digital assets.

The patent was awarded to a firm called Winklevoss IP LLP, and both Winklevoss brothers are included as the inventors along with Evan Louis Greebel, Kathleen Hill Moriarty and Gregory Elias Xethalis.

The patent, awarded on June 19, details a method "for providing an exchange-traded product holding digital math-based assets" as well as the issuance of shares tied to that ETP. It adds to the body of intellectual property the Winklevosses have sought to obtain, though it's not entirely clear when or how the concepts will be applied to real-world products.

An ETP, such as an exchange-traded fund (ETFs), is a type of security, the price of which is derived from other investment instruments - in this case, cryptocurrencies.

As CoinDesk previously reported, the Winklevoss brothers won a patent last month for a system that settles transactions for ETPs tied to cryptocurrencies. Like the other patent, this week's award names a variety of cryptocurrencies, from major ones like bitcoin and monero to more obscure ones like BBQcoin.

Publicly available data shows that this week's patent is the seventh crypto-related patent the Winklevoss brothers have received, with the first being awarded in December of last year.

The U.S. Securities and Exchange Commission (SEC) once denied a bid proposed by the Winklevoss brothers in March 2017 to list a bitcoin-tied exchange-traded fund (ETF), citing "the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest."
BY COINDESK.

NIL (https://nilecoin.org/)
NilecoinTeam (https://nilecoin.org/)

Famous people becoming rich because of Bitcoin, who are they?

💥💥💥Great things sometimes come from a crazy idea. It is evident that many people who spent just a few dozen dollars can now earn a huge fortune - they are the millionaires becoming rich because of Bitcoin, so who are they?
Here are some top famous millionaires:
1. 18-year-old Millionaire, Erik Finman
2. The self-made Millionaire, Jeremy Gardner
3. Barry Silbert - Making a bet on Bitcoin
4. Kristoffer Koch - from a $ 27 investment to a fortune
Let’s search and learn more about them. The way to success is not easy or straight; however, thanks to Bitcoin, they are now famous millionaires.

The "fresh fruits" that these Bitcoin beneficiaries have harvested are really worth it for each of us to crave, right? These millionaires will certainly be the best inspiration for anyone intending to invest in Bitcoin as well as other cryptocurrencies such as Nilecoin - one of the best coins to invest in 2018.
#BTC (https://nilecoin.org/) #NIL (https://nilecoin.org/) #crypto (https://nilecoin.org/)

https://scontent.fhan4-1.fna.fbcdn.net/v/t1.0-9/36189041_1253986011405527_8586322610403409920_n.jpg?_nc_cat=0&oh=44cdfd15dcfef5faa44fab5e236e9d1b&oe=5BB81065

EU Report Says Cryptocurrencies 'Unlikely' to Challenge Central Banks
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Cryptocurrencies (https://nilecoin.org/) will not challenge the economic power of central banks, the European Parliament said last week.

In the latest Monetary Dialogue report issued on June 26, the European Parliament's Committee on Economic and Monetary Affairs said that while cryptocurrencies have made financial transactions "relatively safe, transparent, and fast," they pose no threat to sovereign currencies around the world.
https://www.coindesk.com/eu-report-says-cryptocurrencies-unlikely-to-challenge-central-banks/

NIL (https://nilecoin.org/)
NilecoinTeam (https://nilecoin.org/)

👍👍👍President of Uzbekistan signed the Blockchain Integration Decree - Tax Exclusion for Crypto

~The president of Uzbekistan just signed a Decree about development and integration of Blockchain technology, digital assets, and crypto mining. Its aims are modernizing the current management system of the government and acting as the driving force for the growth of digital economic in domestic. The decree “On measures for digital economics development in the Republic of Uzbekistan” was signed officially by Shavkat Mirziyoyev on July 4th.

~The Decree will be the legal basis for a “digital economic” in Uzbekistan. According to the legal document, the Ministry of Development of Information Technology and Communication will be the one to create and implement a program that boosted the growth of Blockchain in the country from 2018-2020. The department will be monitored and managed by the Government Office.

~Starting from January 1st, 2021, Blockchain as reported will be integrated into the operation of government agencies, particularly in verifying and identifying data in corporate management, as well as clearing transactions. Every individual wanted to participate in trading cryptocurrency need a special license.

~What mentioned in the Decree can be understood as a limited tax regime for crypto assets: “The turnover of crypto assets is regulated by special regulatory legal acts. Operations related to this turnover are not subject to be taxed, while the revenues received are not included in the tax base”.

NIL (https://nilecoin.org/)
NilecoinTeam (https://nilecoin.org/)

Binance  records extremely high profit

Cryptocurrency is at the top of attention at the moment the positive development of the Crypto market and its wide distribution. One Morning Star in Crypto market is the digital currency exchange platform – Binance.

The bearish trend in the first half of 2018 in crypto market seems to be no burden to Binance as this platform revealed its unbelievable high number of profit. According to Changpeng Zhao, CEO of Binance, this world’s largest crypto exchange expects to rake in between $500 million and $1 billion in net profit during 2018.

Its number of users has quadrupled just in 2018. The exchange opened up a new headquarters in Malta, bringing the number 2 million registered users at the start of 2018 to 10 million.

Binance’s first-half revenue was $300 million, an impressive number when compared to the number $200 million in Q4/2017. It is truly a successful year for Binance in 2018.

#NIL
#BINANCE

HOT: 12/12 Korean crypto exchanges got approved
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🔹Last week, it was such great news for South Korea that the Korean Blockchain Association (KBA) has approved 12 cryptocurrency exchanges as having taken sufficient security measures and implemented robust enough internal management systems to operate as exchanges.

The exchanges that have been green-lit by the KBA include:
- Bithumb, UPbit, Korbit, Gopax
- OKCoin Korea, Huobi Korea
- Coineone, CoinZest
- CPDAXX
- HanbitKor, NeoFrame, DexKor

🔹However, it is important to note that according to the report from CCN, Bithumb, which was included on the list of approved exchanges, suffered a highly publicized hack of some $40 million worth of cryptocurrency (https://nilecoin.org/) early this year. The majority of investors in South Korea reacted negatively to the otherwise positive announcement of the South Korea Blockchain Association, due to the controversial decision to approve Bithumb.

“Bithumb, the exchange that has been single handedly reviving the Kimchi Premium, is passed? Not so sure about this,” one investor said.
“Get rid of Bithumb. The exchange created Kimchi Premium again and if the value of cryptocurrencies drop on Bithumb, it could have a negative impact on the global market,” another user added.

🔹Overall: The announcement of the South Korea Blockchain Association solely considered the security systems of crypto exchanges that are in place as of current, not their business practices and operations.

🔹With the release of the findings of the South Korea Blockchain Association, the government of South Korea is planning to tighten regulations in the local crypto exchange market and the blockchain sector, to better facilitate the growth of emerging startups and companies working to advance the cryptocurrency industry.

NIL (https://nilecoin.org/)
NilecoinTeam (https://nilecoin.org/)

Announcement: NIL listed on CREX24 Exchange

Nilecoin Team would like to inform you that Nilecoin has been officially listed on CREX24 Exchange with list code of NIL after a long audit process in the system's security and transparency. NIL’s price at the time of listing is $0.30534254 , and it will change constantly.

The bright future for Nilecoin is close at hand as new development plans will be implemented for a sustainable growth.
Please visit the CREX24 (https://crex24.com/) to exchange
Nilecoin.

Thank you for your support!

#NIL (https://nilecoin.org/)
#CREX24

Cryptocurrency exchange Binance has acquired mobile ethereum wallet Trust Wallet, the startups announced Tuesday. The acquisition will enable Binance to add a mobile wallet to its services, while Trust Wallet will be able to tap into advantages offered by the exchange, including both its existing user base and a proposed decentralized exchange, according to a press release.

NIL (https://nilecoin.org/)
NilecoinTeam (https://nilecoin.org/)

✔️✔️“People’s Money” Crypto to Outlast Fiat “Scam” – Rich Dad, Poor Dad Author

The author of the best-selling book ‘Rich Dad, Poor Dad’, Robert Kiyosaki, has spoken in favor of virtual currencies during a recent podcast. Mr. Kiyosaki described the United States Dollar (USD) as comprising a “scam” and predicted that precious metals and cryptocurrencies will outlast fiat currencies.

** MR.KIYOSAKI PREDICTS “BIGGEST CRASH IN WORLD HISTORY”

Robert Kiyosaki, is predicting that the mainstream financial system is heading toward a crisis of unprecedented size and scale.
Mr. Kiyosaki recently stated: “Unfortunately we had a big crash in 2000, they called it the dotcom crash, then in 2008 it was the subprime real estate crash. The next is going to be the biggest of all. When it’s coming I don’t really know, but the foreshocks are sounding right now.”

** CRYPTOCURRENCIES WILL OUTLAST FIAT CURRENCIES

In an interview with Sane Crypto Podcast, Mr. Kiyosaki recently praised cryptocurrencies, expressing his expectation that virtual currencies will supersede fiat currencies within the near future. “I think the dollar is toast because gold and silver and cyber currency are going to take it out […] The US dollar is a scam,” Mr. Kiyosaki stated, adding, “I think we’re watching the end of the dollar.”

#Crypto
#CURRENCY
#NIL (https://nilecoin.org/)

Indian Government to allow crypto tokens, but not cryptocurrency

The government is considering launching crypto tokens for financial transactions in the country, even as the existing ban on cryptocurrencies is likely to continue.

A committee set up by the finance ministry, under the chairmanship of the Department of Economic Affairs (DEA) secretary, is reportedly working on a set of regulations and roadmap to allow certain crypto assets to be used in India. Once the draft regulations are ready and legally vetted, it will be tabled before Parliament, sources said.

DEA secretary Subhash Chandra Garg, who is heading the committee, is quoted by DNA as saying: “The committee is studying the possibility of using cryptocurrencies or crypto technology (distributed ledger technology) for financial transactions and also what kind of regulations are needed for that…[while] the currency is totally banned, the committee is discussing its other usage and how it can be mainstreamed in India.”

However, they put the trust in Token: “Crypto (https://nilecoin.org/) token operates in a closed system and doesn’t impact the country’s monetary policy unlike cryptocurrency, which interferes with the money supply situation.”

#NIL (https://nilecoin.org/)

✔️✔️ Announcement: Trading pair NIL/ETH added on Crex24 exchange

After being listed on Crex24 exchange, Nilecoin has constituted a solid achievement. Currently, the trading pair NIL / ETH has also been added on Crex24 exchange for convenient transactions.
This improvement contributes to promoting the development of Nilecoin, making it easier to trade Nilecoin (with both BTC and ETH). Additionally, we have been trying to have NIL listed on other exchanges such as Bitlip, Freiexchange, Openledger, Stocks Exchange, Bl3p, Coinfloor.

👍👍Please visit https://crex24.com/en/exchange/NIL-ETH to start trading with NIL / ETH pair!

#NILECOINTEAM (https://nileoffice.com/)