Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ?

After creating the BISON crypto-trading app, the second-largest stock exchange in Germany continues to embrace cryptocurrency with its most recent initiative.

Boerse Stuttgart is creating an ICO platform, a trading venue and custody for cryptocurrencies and related services.

The BISON app due for launch this autumn will facilitate market access and allow free and secure trading of cryptocurrencies, making it the first app in the world to be backed by a traditional stock exchange. The app will support trading in Bitcoin, Ethereum, Ripple, and Litecoin to begin with.

After the launch the group then plans to extend its activities to the primary and secondary markets. The ICO platform will serve to issue digital tokens in cases like corporate financing or to represent rights and assets as well as launching new ICO projects with what the group describes as “standardised and transparent processes.”

The custody services will include differentiated safety concepts for digital assets and will already be available with the launch of the BISON trading app. The group states that the custody service will later be available for use along the entire value chain as well as the app itself. The news of a major German exchange becoming more involved in crypto coincides with the owner of the New York Stock Exchange launching their own Bitcoin market.

The race is on for who will be the first to "legitimize" cryptocurrency trading and bring it to institutional investors who are getting ready to pounce on the market. It appears the Germans will be the first. If you have a contrary opinion let us know

The truth is that the anticipation for crypto to go mainstream increases as time goes on. In fact there are skeptis who would have nothing to do with crypto unless it goes mainstream. Is 2018 that year when blockchain crypto goes mainstream?

I'm looking for fun games where you can earn Bitcoin or use it within the game. Can you recommend me a list of BTC games that are fun and addicting? Just want to know the list of BTC games that are available as I'm going to use them as an introductory point to teach and attract new people towards Bitcoin at my place. 

We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows :

1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}

The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.

2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.

I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.  

We all want to live in big houses that we cannot afford. 

Do you think the media is trying to destroy Bitcoin and cryptocurrency ? I think they show 95% of the times only bad news. Why is this happening ?

i have been trading and have some pretty decent returns in first week of january and huge losses later on.i think most of people here in same like me.i have been hodling my positions.
what are your ideas on increasing your btc portfolio?BTC

Do you think the media is trying to destroy Bitcoin and cryptocurrency ? I think they show 95% of the times only bad news. Why is this happening ?

According to Brian Kelly at CNBC this is the most positive news for Bitcoin all year: I Agree!


https://ethereumworldnews.com/bitcoin-btc-etf-might-be-possible-with-the-bakkt-announcement-says-cnbcs-brian-kelly/

Is this something we should rejoice over and how will these impact in Crypo Space?




Facebook allows Coinbase to advertize in the social network.
Google includes major coins in the exchange rate converter.
The largest global social network white listed Coinbase from its advertizing ban for cryptocurrency and ICO related companies. The news popped up on Saturday when CEO of the US-based crypto exchange Brian Armstrong posted a tweet with attached Coinbase ad in Facebook:

"Facebook banned ads for crypto earlier this year. Proud to say we've now been white listed and are back introducing more people to an open financial system."

The community cheered the news while the post gathered over 160 comments.

Meanwhile, Google also seems to have warmed up towards digital assets and added Bitcoin, Bitcoin Cash, Ethereum and Litecoin to its online currency exchange converter. If a user searches Google for these coins, the system automatically displays their exchange rates for these coins in user's local currency.

It is worth noting that Google's rates differ from CoinMarketCap data, while the source of quotes is not readily available.

Earlier we reported that Google's co-founder Sergey Brin confessed that he had been mining Ethereum together with his ten-year-old son.

All major cryptocurrencies have started the week in a green zone. Bitcoin is one of the growth leader: the coin gained 4% on a daily basis and jumped above $7,700 handle. Ethereum climbed 1% higher to $467, while XRP settled at $0.4592, 2% higher on a daily basis. Bitcoin Cash is changing hands at $827, up5.5%.

I really wonder to some people who think bitcoin is a ponzi scheme. It has made so many people rich and doing better till now.
But I don't understand the reason behind this type of thought?

Bitcoins distributors are increasing. Indeed, the symbolic bar of the 3 000 distributors in the world has just been crossed, and there are about six new installations each day. So the situation is changing very quickly.

As Bitcoin mining is partially controlled by Chinese miners, I have a feeling that sometime in the near future, Bitcoin can become centralized if no solution against this is proposed.

If BTC could manage to bring a solution towards mining centralization by preventing mining pools with the most hashrate to effectively gain control of the network, then it would aim to become more decentralized over the years.
 
As mining difficulty increases and new ASIC hardware gets developed, it would make it less possible for any average user to mine Bitcoin, thus making it more centralized each day.

Nevertheless, I would like to know your opinion about this, as if BTC becomes centralized, it might cause it to decrease in value, and most of all, violate the principles that it was created for. 

Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.

Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    

Last 3 days crypto currency world has been shaken many times. Many news affecting the price of bitcoin. Still bitcoin is surviving but its an great news for us that world wide many country government is thinking about crypto currency now. Its an positive sign for crypto future.
Here I am gonna share some news that can be flow on bitcoin positive side.

https://www.coindesk.com/mastercard-wins-patent-for-speeding-up-crypto-payments/amp/

Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?

People must stop talking about the death of bitcoin because a currency like bitcoin must not be judged with a change of a day or a month but with a change of a year who agree about that?
I ask too if there is a way to know the 1 year change of bitcoin in cmp or any other site.
Thanks

According to Samsung, the $290 billion behemoth which dominates every major industry in South Korea, smartphones are the safest device to use when transacting using cryptocurrency

Smartphones Over Laptops

Smartphone wallets such as Blockchain and Jaxx are the go-to applications the majority of cryptocurrency users utilize to send and receive payments with digital assets.

Joel Snyder, a senior IT consultant, a contributor to Samsung Insights, explained in a recent paper that smartphones are significantly more secure than laptops and other devices, because of the presence of the Trusted Execution Environment(TEE)

Most smartphones have a native environment called the TEE, which operates as a separate execution environment with its own memory and storage, isolated from the device. Hence, not even the operating system (OS) like Android can reach into the TEE and potentially initiate alterations in its memory.

In an event of a hacking attack or a security breach, attackers cannot possibly break into the TEE and attempt to steal data such as the private keys of cryptocurrency wallets because the TEE exists completely independent of the device.

On laptops or computers that rely on conventional persistent storage units such as a hard disk or an SSD, a hacker can easily break into the storage and steal valuable financial information, including data pertaining to cryptocurrency wallets, that could lead to the loss of funds and holdings stored in digital assets.

Snyder explained:

I recently heard that Brisbane International Airport (Australia) now accepts bitcoin and various cryptocurrency payments. Since it is third busiest airport in Australia and every merchant of airport accepts cryptocurrency payments it will be a great news for crypto enthusiasts. This project lead by Australian payment provider Travelbybit.