Finally, we will see some Scam project go from top20 to ZERO in less them one week. This is great for the cryptocurrency and to anyone that believes in a new economic system. We need that more scam projects fail.

https://thenextweb.com/hardfork/2018/01/16/bitconnect-shut-down-closed/

Following months of red flags, Bitcoin investment platform BitConnect – which has long been suspected of running a Ponzi scheme – has officially announced its platform is shutting down.

In a blog post – titled “Changes coming for the Bitconnect [sic] system – Halt of lending and exchange platform” – released on its official website, the company said that is “closing the Bitconnect [sic] lending and exchange platform.” The website has since gone down.

The statement goes on to suggest that BitConnect will now operate solely “for wallet service, news and educational purposes.”

“We are closing the lending operation immediately with the release of all outstanding loans,” the statement read. “With release of your entire active loan in the lending wallet we are transferring all your lending wallet balance to your BitConnect wallet balance at 363.62 USD [sic].”

This rate has been calculated based on last 15 days averages of the closing price registered on coinmarketcap.com,” it continued. “You are free to withdraw your BitConnect coin currently in QT wallets that was used for staking as well. We are also closing BCC exchange platform in [five] days.”

“In short, we are closing lending service and exchange service while BitConnect.co website will operate for wallet service, news and educational purposes,” it ended.

Those interested to see the full statement can refer to a screenshot captured by independent Twitter sleuth @BCCPonzi, who has been documenting the investment platform’s shady business for months.


% (24h) -85.14%

So you do not have anything until you sell. I do not agree with that, you could have a loss without sell. The thing is what period of time you will account. If you will account for one year ago, nobody has a loss. From 2 months ago, nobody.

https://www.reuters.com/article/us-anglo-debeers-blockchain/de-beers-turns-to-blockchain-to-guarantee-diamond-purity-idUSKBN1F51HV

Anglo American’s (AAL.L) diamond unit De Beers aims to launch the first industry-wide blockchain this year to track gems each time they change hands starting from the moment they are dug from the ground, its chief executive said on Tuesday.

FILE PHOTO: Bruce Cleaver, CEO of De Beers, poses in Hong Kong, China September 14, 2016. Picture taken September 14, 2016. REUTERS/Bobby Yip/File Photo
De Beers, the world’s biggest diamond producer by the value of its gems, has led industry efforts to verify the authenticity of diamonds and ensure they are not from conflict zones where gems could be used to finance violence.

For De Beers, cast-iron guarantees its stones are ethically sourced are vital to maintaining consumer confidence. It sells technology across the industry to help prevent anyone trying to pass off synthetic stones as natural.

The firm also works with the rest of the industry and governments to support the Kimberley Process set up in 2003 to increase transparency and eliminate trade in conflict diamonds.

The firm says blockchain, the technology underpinning cryptocurrencies such as bitcoin, complements its existing methods. It offers a secure way to track diamonds and can provide a digital record they are conflict-free, it says.

“It’s a huge public ledger as immutable as anything invented,” CEO Bruce Cleaver told Reuters in reference to blockchain. “It’s a much more un-hackable system than anything on a single server.”

Blockchain is a shared database of transactions maintained by a network of computers on the internet that is best known as the system underpinning bitcoin.

Other industries are also looking at blockchain to enhance security or create efficiencies in business, such as financial transactions. Bankers say it could be used in trade finance or cross-border payments. But such plans have not gone beyond the pilot stage.


The diamond blockchain, which De Beers says will be the first to span the entire value chain, would be open to everyone in the industry and would offer the potential for monitoring each stone.

Thanks.

So I think anyone who wants more privacy or a faster transaction may still have the option to pay a premium for it. As a see there are tons of options for exchanges to implement that could help Bitcoin become cheaper and faster until Lightning network.

  And the alts a lot more. January will be a red month. There is no indication that we could see a green graphics at the end of the month. Some scams have been hit hard like TRON. I believe that some coins have shown that they are a little more resilient to crashes, they just go back before the others.

  Every news from China is complicated because is hard to know what is going on. There is no discussion. The government just ban or allow what they want and everything is organizing inside the party. In Korea, we have seen that what people want could change what government wanna do.

  You could do both on crypto. You could have coins that you truly believe in the long term and just put on a paper wallet. And others you could
use the exchanges to do scalping.
 Scalping is hard because you need understand the graphics and could never be sad about a loss. Just work harder to put some gains in the
end of the day

  The best thing is to read all the news that you could. Sometimes is just the market correction, but could be something bigger like a massive baning like it was on China. Know what could be affecting the price is better them just start saying hold or things like that.

I could help with portuguese

  Some people are asking for Gemini do this. And I see that is not so common. I know that batching transaction will be slower. But there are other problems for exchanges do this? Is there any risk?

I thought OMG and Kyber would be great working together. But it looks like OMG will offer a lot of the functions of Kyber. As I have both on my portfolio and Kyber have a lot more of % right now. I wonder if I should sell some.

under $10M today is a really low profile project. Everything worth millions and millions today. I just check Rads and they worth a lot more. I checked LcT and looks like a great bet for short term.

  I have only read news about Canada as the new CHina for Miners. But why not other countries too? I think just have a massive concentration in another place will be really bad for the future. WOuld be great have a more decentralization on mining.

 Is there anyone working full time as dev for monero? I Remember reading something about that, but have never read more. WHat would they do? Is there any project for a better mobile wallet that could be used for fast transactions?

  I didn't know about this shitcoins. Will they send using airdrop? I will send my ETH to my wallet, maybe I can receive some of this shitcoins.

 We never know when someone will decide to pump some shit coins and maybe they can worth something. Especially since we still have Bitcoin Gold.

Check everything they have suggested. It is not some projects that are just pumped and them dumped. Everything they have to suggest has gone to top100 and have stayed there.

They have a great historical and I think only Asian Walles has a better historical them they.When they suggest something you could be sure you will have at least 100% without the need to sell in 2 days.

  Tron is just a market scam. People should stop investing in shit like that. They will not survive for more than a year and the founder will make millions because some people just like to invest without know what the project is about. It will be great if they just fail and hit zero in market cap.

I think people will suggest coins that they want to be pumped. But I suggest thinking about sectors and them see the best projects. When I say sector I want to make a difference between what is a currency, what is a platform, what is just a token and what is just a scam.

I believe platform and payment systems will be a great thing to invest. Ethereum and Cardano will be the best in the platform systems and SYS could go to top10.

Payment systems could be OMG, Steller and credit card as Craft.

  ViaBTC has sent emails where they tell that they will change the maintenance fee that is 6% will start to charge 50%. Mining will be a little more expensive but the best part is that maybe we will have more decentralization in the mining.