Bitzamp – What Is Cryptocurrency & Blockchain Talking About. We Can Accurately Guess The First Coin You Bought.You Only Need To Answer Few Questions. |
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The recently proposed Schnorr upgrade could become the biggest modification to Bitcoin since Segregated Witness (SegWit). Veteran Bitcoin developer Dr. Pieter Wuille published a Github document on July 6th suggesting a new standard for cryptographic signatures. The proposed standard, which uses 64-bit Schnorr signatures, would allow a user to utilize a single signature to execute transactions from their various different wallets. Bitcoin has traditionally used the Elliptical Curve Digital Signature Algorithm (ECDSA) to authenticate transactions. While these are standardized, they do have a number of downsides compared to Schnorr signatures over the same secp256k1 curve. Wullie asserts that the update would not only improve Bitcoin’s utility but also upgrade its scalability and privacy. Schnorr signatures are provably non-malleable, support multi-signatures and are easily provable in the random oracle model assuming the elliptic curve discrete logarithm problem (ECDLP) is hard. Such a proof does not exist for ECDSA. Adoption of the new standard will employ a number of improvements not specific to Schnorr signatures including signature encoding and batch validation so as to provide higher security. Ultimately, as Wuille states, the Bitcoin community will collectively make the decision to adopt Schnorr and only if the update proves to genuinely improve the Bitcoin protocol will it be implemented. See more information on: https://news.bitzamp.com/how-the-proposed-schnorr-upgrade-could-end-bitcoins-scalability-issues/ |
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Bill Barhydt, CEO of cryptocurrency investment app Abra, has become the latest expert to strike a bullish prediction on Bitcoin price. In an interview with American technology news media Inverse, Barhydt said that the market could see Bitcoin test $50,000 over the “long-term.” Over the year, we have seen massive bullish predictions on bitcoin price from various cryptocurrency expert. Last week, Fundstrat research chief Tom Lee revised an earlier bitcoin price prediction from $25,000 to $22,000. In June, Arthur Hayes, the CEO of UK-based crypto exchange BitMEX stated that a positive regulatory move by the US Securities and Exchange Commision could see bitcoin climb to $20,000 or even $50,000 by the end of the year. However, in stark contrast to other price predictions, the CEO of Abra didn’t specify a time frame, making his expectation of a $50,000 Bitcoin more feasible. Unlike other bullish figures, Barhydt noted that the investing rationale seen in December was rather ambitious, stating that the current prices indicated that “we got way ahead of ourselves.” These predictions and opinions do not come without value, as Abra has quickly become a leading service for mobile-centric cryptocurrency investors. The crypto services firm hopes to accelerate adoption rates, by offering an easy-to-use and accessible service for fiat-to-fiat, fiat-to-crypto, and crypto-to-crypto trades. Most recently, Abra added a new feature that allows users to directly purchase Bitcoin through Visa or Master debit or credit purchases. This new system can facilitate international transactions with values ranging from $50 to $20,000. The firm now supports 25 cryptocurrencies and 50 fiat currencies, using smart contracts to offer trades between supported currencies. It is apparent that the unique features which Abra offers has become a main selling point for the app as Barhydt noted that “Abra’s growth in 2018 has been massive over last year,” adding that Abra’s reach now extends to 75 countries, with its expansive customer base conducting “hundreds of millions of dollars worth of cryptocurrency exchanges this year.” https://news.bitzamp.com/another-wild-price-speculation-abra-ceo-expects-bitcoin-to-reach-50000-in-the-long-term/ |
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Use your referral link to refer traders to bitbegin exchange to earn BITSENSE TOKENS RIGHT NOW and it is credited to your wallet instantly as you refer. Get your referral link here>>>> https://bitbegin.io |
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More than half of cryptocurrency startups that raise money through token sales vanish within the first four months, according to a recent study by researchers at the Boston College. The researchers – Hugo Benedetti and Leonard Kostovetsky – created a dataset of 4,003 ICOs, including 2390 ICOs which were completed before April 30, 2018, and 1613 ICOs which are ongoing as of that date or planned for the future. They found that: “Startups sell their tokens at a significant discount to the opening market price, generating an average return for ICO investors of 179%, accrued over an average holding period of 16 days from the ICO end date to the listing date. Even after imputing large negative returns to tokens that are not listed within 60 days, the representative investor nearly doubles her money by investing in an ICO.”
In an interview with Bloomberg, Kostovetsky said that purchasing coins in an ICO and selling them on the first day is the safest investment strategy. He recommended that investors should sell their coins within the first 6 months stating that “once you go beyond three months, at most six months, they don’t outperform other cryptocurrencies, so the strongest return is actually in the first month”. The researchers analyzed the activity of the official Twitter accounts of these projects for estimating their survival rate. The study found that the “survival rate for startups after 120 days post-ICO is only 44.2%, assuming that all firms inactive on Twitter in the fifth month did not survive.” It added: “83% of the 694 ICOs that don’t report capital and don’t list on an exchange are inactive after 120 days. For the 420 ICOs that raise some capital but don’t list, this figure falls to 52%, and for the 440 ICOs that list on an exchange, only 16% are inactive in the fifth month.” Source: https://news.bitzamp.com/new-study-finds-that-only-44-of-ico-projects-survive-after-the-first-four-months/Date Posted: July 10, 2018. |
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According to reports, four Ukrainians were arrested by the Ukrainian police for allegedly carrying out six fake cryptocurrency exchanges that were used to defraud potential users of their funds. The Ukrainian police made the arrests on June 21. The suspects, aged 20 to 26, have been trapping people and deceiving them into buying cryptocurrencies from online digital currency exchange companies that displayed fake ratings and reviews on their websites. Read More >>>> http://social.bitzamp.com/four-arrested-in-ukraine-for-running-six-fake-cryptocurrency-exchanges/ |
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Sorry but had to say this, who's behind this? I mean the team / Devs?
I hate projects with ghost teams / Devs.
Waiting you reply, coz i won't feel comfortable depositing my crypto there knowing nothing about who's behind it.
We are not Ghost Developers, we are the founders of Bitsense Ads network and Bitzamp one stop crypto hub......Our Team's profile and pictures can be found on https://bitsense.biz/tokenProbably the team update was added after my post. Anyways, good luck with the project & I'll have to wait for it when it hit the exchanges, probably will get it cheaper than ICO price. thanks ....please join our telegram community>>> https://t.me/bitsenseofficial |
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Why Build a Cryptocurrency news Portal?
cryptocurrency prices move up and down every minute due to fluctuations in supply and demand. If more people want to buy a particular cryptocurrency , its market price will increase. Conversely, if more people want to sell a cryptocurrency, its price will fall. This relationship between supply and demand is tied into the type of news/events reports that are issued at any particular moment.
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We at Bitbegin believe that as trading is done in real time; customer’s problems should be sorted out in real time without delay. Hinching on this standard we will be opening the following support channels to serve our community:
1. Telephone support 24/7
2. Interactive Voice Response Representative
3. Live Chat Support
4. Email Customer Service
5. Open Ticket Support
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cryptocurrency industry is a community powered industry which was built for the benefit of the people.If we believe that the industry is for the people then the advancement of any ecosystem in the industry should be beneficial to the people powering it.
Bitbegin.io which is a part of Bitsense Ecosystem is the first community owned cryptocurrency exchange which would revolutionise the way cryptocurrency trading is done.The main purpose of Bitbegin is to build an exchange in which the community would share in the prosperity of the platform.
According to the CEO of Kraken, Jesse Powell, there are many businesses revolving around cryptocurrencies now. This would propel the entire cryptocurrency market to cross a valuation of $ 1 trillion which means more Retail investors/traders would get involved in cryptocurrency industry.Presently the retail investors/traders accounts for the largest traded volume generated daily in the cryptocurrency market space.This retail investors/traders are the target market bitbegin intends to serve.
There are up to 208 cryptocurrency exchanges(Fiat/crypto and crypto/crypto) in which most of this exchange have Poor technical architecture,insecured platform, poor market liquidity,Poor customer service and high trading fees.Bitbegin is built to provide solutions to all these problems.
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Investors have flocked to cryptocurrencies because of the eye-catching returns of bitcoin, which has grown by about 1,500% against the dollar.Currently, the daily average trading volume of top 10 cryptocurrency exchange platforms has already surpassed $500
million and with each exchanges making over $500,000 daily returns and we believe as the market continue to gain mainstream adoption most of this exchanges would end up making millions of dollars in returns for themselves.
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By December 20th 2017 the global volume in cryptocurrency markets has passed $50 billion, close to the average turnover on New York Stock Exchange but it highlights just how hot the cryptocurrency market has become, Unlike the foreign-exchange market, cryptocurrency trading is largely done by small-time, retail investors, making it closer to the stock market (though some huge institutions are playing in the market.)
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I think there is a need of a exchange like yours, I like the idea of a community owned exchange, are you thinking on giving facilities to community-based altcoins to get listed?
Yeah....once the altcoins is 100% community-owned what are the conditions Bitbegin put in place to judge community-owned tokens One big factor is the voting pool...Our voting pool would be different from what the industry have seen how will it look like......Do one need to own some coins before voting? They only need to be register. Thank you for your quick response, incentives to community owned altcoins are basic to this project IMO, a good mechanism of voting pool should be a must! Can you list a few community owned altcoins and what incentives do you suggest |
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I think there is a need of a exchange like yours, I like the idea of a community owned exchange, are you thinking on giving facilities to community-based altcoins to get listed?
Fully support! Listing on the exchange and community of active traders form the trading volume of the coin. This attracts long-term investors. And they do so that the coin does not fall in price. So the exit to the stock exchange is very, very important. A very good exchange of new Kucoin.com. It is better not to apply for a listing for the stock exchange( Please can you explain further on this topic? |
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I think there is a need of a exchange like yours, I like the idea of a community owned exchange, are you thinking on giving facilities to community-based altcoins to get listed?
Yeah....once the altcoins is 100% community-owned what are the conditions Bitbegin put in place to judge community-owned tokens One big factor is the voting pool...Our voting pool would be different from what the industry have seen how will it look like......Do one need to own some coins before voting? They only need to be register. |
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I think there is a need of a exchange like yours, I like the idea of a community owned exchange, are you thinking on giving facilities to community-based altcoins to get listed?
Yeah....once the altcoins is 100% community-owned what are the conditions Bitbegin put in place to judge community-owned tokens One big factor is the voting pool...Our voting pool would be different from what the industry have seen |
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