Nice tips around here! A lot of games are going on this weekend and I think there's a lot of opportunity to make some money... So, what's the best tips for this weekend?
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Proposal for A Global Banking Network As A DAODecentralized autonomous organizations hold a lot of promise for the future, as they may end up disrupting many industries over the coming years. It was only a matter of time until someone came up with an idea to take this concept to the financial world, and the Global Banking Network proposal was born... read more
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Bitcoin Price Watch; It’s Lightning Fast Out There!It’s morning time in Europe again, and as such, time to put forward our first analysis of the day in the bitcoin price. We’ve been craving some volatility over the last few days, and action last night finally gave us that volatility. Having initially gained to overnight highs just ahead of 455, price looked pretty solid this morning as the European session opened. However, as we write this, price has collapsed to carve out intraday lows at 451.45. Exactly what is driving this selloff is unclear... read more
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Bitcoin Price Technical Analysis for 05/19/2016 – Bears Trying HarderThe 100 SMA is still above the longer-term 200 SMA so the uptrend could carry on. In addition, the 100 SMA coincides with the channel support, which explains its strength as a floor for now. However, the gap between the moving averages is narrowing, indicating weaker bullish pressure and a possible downward crossover... read more
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Bitwala and Ledger Selected to Compete for Top Honors at Pioneers FestivalPioneers Festival is the major event for future technologies and entrepreneurship where Fintech startups and entrepreneurs come together to present their latest innovations. It also is a celebration of entrepreneurship and future technology, where businesses investors, startups and entrepreneurs meet and form new alliances... read more
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Hacker Sells LinkedIn Users’ Data for BitcoinLinkedIn, the professional networking site now has millions of users’ credentials in the public domain. These credentials from the beginning of this decade are up for sale on the deep web. Nothing is private or secure on the internet. Whether it is your photos stored on a cloud platform, credit card information, banking details or login credentials for your mail and social media accounts. If they are not compromised already, then they may get stolen anytime. The same thing happened with LinkedIn few years ago. But who knew that the user data stolen way back in 2012 will return to bite them in the back... read more
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Bitcoin Price Watch; Live Trade!The Wednesday session is drawing to a close in Europe, and it’s time to take our second look at what the markets presented today, and in turn, use this action to put forward a potential trading strategy as we head into the US afternoon, and beyond that, into the Asian session this evening. In this morning’s bitcoin price analysis, the primary focus was a very tight range, which we said we would use to scalp the bitcoin price, on any breakout action. The range was only a few dollars wide... read more
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Silk Road 3.0 – Reincarnation of the Bitcoin Deep Web MarketplaceSilk Road is reincarnated for the fourth time. The deep web marketplace is back online after its predecessors were forcibly shut down by the law enforcement agencies resulting in the creator’s arrest and incarceration... read more
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Social Messaging App Vodi Now Accepts Bitcoin PaymentsMessaging tools are an interesting area to explore as far as Bitcoin payments are concerned, given the global appeal and reach by both forms of technology. BitPay and Vodi have been thinking along those same lines, and their partnership brings cryptocurrency to messaging tools.... read more
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Bitcoin Price Watch; Today’s Scalp FocusOver the last couple of days, action in the bitcoin price has been relatively flat. We have seen the odd bit of choppy momentum here and there, but nothing sustainable, and this has made it difficult for us to get in and out the markets and draw profits according to our standard intraday breakout strategy. With this in mind, and as we head into the fresh days trading in Europe on Wednesday, we’re going to shuffle things around a bit. Specifically, we’re going to tighten in our intraday range, and use what amounts to a few dollars worth of spread to scalp the markets. First up, and to get an idea of the levels where focusing on initially, take a look at the chart below. It’s an intraday, 15-minute time frame candlestick chart showing action across the last 24 hours or so... read more
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Cheapest Ethereum Cloud Mining Contracts on the Market Offered by HashFlareWith over 3 years experience in the industry, Hashflare is pleased to announce the next batch of its one year Ethereum cloud mining contracts with no maintenance fees. Simply sign up for a free account and use discount code HF16ETHASH25M for 25% off on purchases of 10 MH/s or more: the best value Ether cloud mining to be found. The platform also offers lifetime Bitcoin cloud mining and Scrypt cloud mining contracts with many features including proof of hashrate, mining pool selection, and instant payouts... read more
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Bitcoin Price Technical Analysis for 05/18/2016 – Ready for a Triangle Breakout?The 100 SMA is above the 200 SMA on the 4-hour time frame so a bounce seems more likely. However, the gap between the moving averages is narrowing so a downward crossover could be seen, likely spurring a surge in bearish momentum soon. Stochastic is on its way down but is currently turning around, possibly indicating a return in buying pressure. RSI is also on middle ground, barely offering strong directional clues at the moment... read more
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Why would the fact that China is basically controlling mining do anything to Bitcoin?
The whole concept of bitcoin was based around decentralisation. If China controlls a large % of the hash power then it would only take the collaboration of a few to hit the dreaded 51% control point China owns over 80% from the mining and the trading market as well. China owns over 95% from BTC transactions too. The centralization is a reality. https://blockchain.info/pools?show_adv=nohttp://bitcoincharts.com/charts/volumepie/Even if China controlls 80% of the mining power that doesn't mean that we should fear a 51% attack. Do you actually think that the guys who control mining, being Chinese or not want a 51% attack??? of course not, otherwise their investment would be worth 0....
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Feature Interview: Eric Lombrozo On Bitcoin Core FundingSince the beginning of the bitcoin movement, Bitcoin Core has provided foundational infrastructure. The brainchild of Bitcoin’s mysterious founder Satoshi Nakamoto, the software serves as a validation mechanism for the blockchain, codifying all transactions that have ever taken place in the system. Over the years, the Bitcoin Core project has morphed into an active, open-source development community of volunteers who contribute to the codebase, as well as others who are engaged in research, documentation, testing, translation, and peer review... read more
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Blockchain Announces Thunder Network to Tackle Slow Bitcoin TransactionsBlockchain has announced the alpha release of its latest Thunder Network capable of handling loads of off-chain transactions in a faster and more economical way compared to the present day Bitcoin blockchain... read more
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Bitcoin Price Watch; Range Tightened, Trades ReadyWe are approaching the close of the European session in the bitcoin price, and one look at action throughout the day reveals that there has been very little worth trading. We defined a relatively tight range earlier on this morning as a return to our breakout strategy, but price has traded pretty much flat, and well within our range, throughout the entire session. This sort of flat action is very difficult to work with as it is indicative of indecision. Indecision pretty much always translates to false breakouts, which in turn, translate to choppy and unpredictable action... read more
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The DAO May Not Succeed Despite Crowdsale SuccessOver the past few weeks, the majority of news regarding The DAO has been regarding their successful crowdsale, which has surpassed US$100m already. This is quite a milestone for a concept that has no clear leader and has no physical form either. At the same time, a lot of people see the value of a decentralised autonomous organization, but are they overestimating its potential? read more
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Australian AML Act Revisions Mention Bitcoin Exchanges and WalletsSome people may argue how Bitcoin wallet services are already covered under the AML Act, considering they are labelled as “accounts:, similar to services provided by a bank or credit union. However, the revisions of the AML Act will go much further than that, as new types of digital wallets storing cryptocurrencies are not regulated as of yet... read more
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Acronis to Use Blockchain for Data ProtectionA Singapore-based firm has expressed its interests to experiment with blockchain technology to strengthen its data storage and security services. Acronis, as the name is titled, has recently employed a research and development facility to look into the Bitcoin’s distributed ledger technology, while focusing on creating tools that can be used to protect data from getting corrupted, stolen or compromised... read more
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Bitcoin Price Watch; Scalp Trade Is OnFor this evening’s analysis, we’re going to go at our bitcoin price strategy a little different than normal. A look at the cart below reveals the formation of an upward sloping triangle during the European session, and this has offered up an opportunity to scalp the markets... read more
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