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221  Local / Новости / Министерство связи РФ заявило о необходиl on: March 01, 2018, 09:25:13 AM
Для применения технологии блокчейн на государственном уровне необходимо создать собственную блокчейн-платформу, которая не подразумевает процесс майнинга. Об этом в ходе форума «Криптосреда» заявил замминистра связи и массовых коммуникаций Алексей Козырев, сообщает RNS.

По словам Козырева, создание такой платформы позволит решить проблему долгосрочного хранения документов и идентификации. Также он отметил, что платформа должна быть единой и универсальной.

«Существующие решения на блокчейне с организационной точки зрения очень и очень нестабильны. По данным Tokendata, более 50% всех блокчейн-платформ, которые были созданы, уже разорились и исчезли. Если мы говорим о том, что государство хочет применять технологию блокчейн, очевидно, что мы не можем рассчитывать на какие-то платформы, которые создаются коммерческими организациями, потому что эти платформы очень и очень ненадежные. Таким образом, мы понимаем, что платформу для технологии блокчейн нам надо создать самим», — сказал он.

Накануне первый замглавы аппарата правительства РФ Максим Акимов заявил, что конвертация криптовалют в реальные деньги вызовет тяжелейшие экономические и социальные последствия для России.

https://forklog.com/ministerstvo-svyazi-rf-zayavilo-o-neobhodimosti-sozdaniya-gosudarstvennoj-blokchejn-platformy/
222  Bitcoin / Press / Re: [2018-02-28] A Bitcoiner's Travel Guide: Prague on: February 28, 2018, 02:30:57 PM
Come on man stop spamming pls
All this news was here already u spamm same news with u project link .
U will get ban u full member for acting like that .
Iam not recommend u to acting like that . Better to post 1-2 news per day  !
Good luck.
223  Economy / Trading Discussion / ETHUSD: Price Still Vulnerable WIthin Triangle? on: February 28, 2018, 10:31:32 AM


During the minor retrace lead by BTC  , this market retested the 872 to 739 major support zone (.618 area of broad bullish structure). Within this area the 824 level (.382 of recent bullish structure) was also tested which lead to an outside bar. This configuration is not only a very bullish sign (the newly formed bullish trend line ) but it was followed by a minor higher low that served as a long trigger within the major support zone .

I did not write about this particular trigger because I was more focused on BTC -0.18% and LTC opportunities, I also did not take this trade because I was not overly enthusiastic about this market's lack of responsiveness. So the big question: Is now still a good time to buy?

The answer depends on your outlook and how much pain you are willing to take. 816 is the current swing low and reference point to measure risk from. And that is the lower risk swing trade perspective. If you are looking to enter for a broader move, you have to be okay with the possibility of price retesting the 739 lower boundary of the broad support zone (it can happen). This increased risk means if you are too aggressive with your size, or too nervous about pull backs, you are more likely to get shaken out if any bearish drama follows.

If the momentum is bullish , shouldn't price just keep going now? Why worry? Speculating in any financial market is like playing a game of musical chairs, once the music stops, you better be close to a chair. In trading this means you must always consider your position if everything falls apart and then ask yourself if you can handle it. What can go wrong in this market? The 921 resistance is still in play and beyond that the broad bearish trend line in the 940 area also stands in the way. With bullish momentum supporting price, these resistances are more likely to break, but IF they don't, especially if price action forms a lower high, that would make this market more vulnerable to bearish catalysts or short term drama.

In summary, the overall market structure at the moment is more of a consolidation than a clear trend (as defined by the converging trend lines ). This broad triangle is one giant continuation pattern in my opinion, and offers plenty of bullish potential if you are able to hang on during the over reactive pull backs. A break of the lower boundary of this broad triangle is not a major bearish sign, but it could lead to the retest of lower supports especially in the face of any newly formed head and shoulders pattern. I only mention the bearish possibilities because they are important to recognize when assessing the type of risk you are willing to take. Overall I am bullish on this market, it is just a matter of waiting for a price that is in line with my criteria, especially since I am holding other positions that are correlated to this market generally.

https://www.tradingview.com/chart/ETHUSD/kk0RfNrB-ETHUSD-Price-Still-Vulnerable-WIthin-Triangle/
224  Bitcoin / Press / [2018-02-28] Bitcoin Brushes $11K as Bull Case Strengthens on: February 28, 2018, 10:30:13 AM
Having tested $11,000 this morning, bitcoin (BTC) is now trading roughly sideways for the day, but could still close the month on a positive note.

CoinDesk's Bitcoin Price Index (BPI) clocked a seven-day high of $11,044 at 06:30 UTC and was last seen around $10,610. Due to the retreat from the intra-day high, the cryptocurrency is now trading largely unchanged on a 24-hour basis, according to data source CoinMarketCap.

With BTC closing last month at $10,221, the cryptocurrency is on track to close the current month with only marginal gains, unless the bulls make progress.

https://www.coindesk.com/bitcoin-brushes-11k-as-bull-case-strengthens/
225  Bitcoin / Press / [2018-02-28]These Guys Just Need Money’: What Do Venezuelan Users Think of Petro on: February 28, 2018, 10:29:23 AM


When the Petro was unveiled to the world by Venezuela’s President Nicolas Maduro, he led the cheering squad about what a groundbreaking and successful idea it would be. A government-backed, oil-pegged, cryptocurrency that would aid the ailing Venezuelan nation in their time of crisis with a hyper-inflated currency.

However, the pomp and promise of the Petro has quickly been dissected and seen through as the feeling coming from those in Venezuela, as well as those who have been exiled or left on their own accord, see the Petro as one big scam.

https://cointelegraph.com/news/these-guys-just-need-money-what-do-venezuelan-users-think-of-the-petro

226  Bitcoin / Press / [2018-02-25] BITCOIN.COM - Trading Tip `The Wall´ – Meet the TA Gods on: February 25, 2018, 02:47:09 PM
Whether TA works or not is a topic discussed ad nauseam in cryptocurrency circles. As a cryptocurrency trader with a fascination for engineering, math and science, I backtested the entire spectrum of the most popular bitcoin TA indicators in early 2015 using the now defunct Tradewave-platform, in search of that magic formula that would allow me to make money on auto-pilot. I did not find it.

Also read: Drop Tokens That Suffer From Overtokenization

Meet the TA Gods
Currently, I’m working on recreating a 2018 version of that experiment, the results of which I’m looking forward to sharing with you in a column post soon. However, I can already reveal that the results are not looking promising. I’ve long been disillusioned with the prospects of earning a steady income using predictive algorithms, to the point where I’ve stopped believing in them completely.

Trading Tip `The Wall´ - Meet the TA Gods

So, while I color myself a TA skeptic, I still tend to marvel at the near-surgical precision of which the market tends to move in certain cases. Observing the above picture, I’m yet again amazed to see the bitcoin price just reaching the descending trend line just under $12,000 before continuing its downward trajectory. How can it be, that while the empirical evidence for TA disproves its relevance, these TA bulls-eye calls appear again and again?


 
Look at the tweet above. That is just one of hundreds of such tweets I’ve seen in the past months; tweets listing various “TA Gods”, each with tens or hundreds of thousands of followers, who seemingly worship the chart analysis bestowed upon them by their holy prophets.

source : https://news.bitcoin.com/trading-tip-wall-meet-ta-gods/
227  Bitcoin / Press / [2018-02-24]bitcoin.com - What to Expect When You Order a Hardware Wallet on: February 24, 2018, 05:13:57 PM
Over the past few months, well known hardware wallet manufacturers have been swamped with sales during and after the holiday season. Hardware wallet deliveries have been backed up and some people have had to wait weeks to get direct shipping from source manufacturers. Much of the demand has stemmed from the typical holiday season, but also because digital assets have gained a lot in value during the course of 2017 and into the new year.

Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten 

Satoshi Labs Discloses the Company’s Processing and Shipping Procedure
This week the Prague-based hardware wallet manufacturer, Satoshi Labs, told the public how a Trezor order is processed utilizing the utmost security practices. The company explains that it puts a lot of focus on the procedure of shipping items that will store valuable cryptocurrencies after being sold and shipped.

What to Expect When You Order a Hardware Wallet

A lot of digital asset investors use hardware wallets to store their cryptocurrencies in a safer location. Most of the reputable hardware wallets are known for having very little vulnerabilities and most of the vectors are due to Man In The Middle (MITM) attacks. MITM attacks consist of an attacker obtaining a relay of the device’s private keys whether it be from extraction or during the shipping process. Satoshi Labs says that when it comes to the processing and shipping of every Trezor order the firm takes security very seriously. The team explains this week that since the company is very transparent with disclosures, and open source code they feel its only right to detail the shipping process and its delivery methods.

After receiving a payment for a new Trezor device, the company prepares to ship the unit and uses the company DHL as its default shipping service. Satoshi Labs also offers delivery by standard post which can be a much slower delivery time depending on the customer’s location. The first part of the processing begins with a logistics team that inspects the goods for a proper seal and makes sure the product is ready for delivery.

Satoshi Labs emphasizes Trezor devices do not have firmware loaded on the device when they are shipped. The device only runs signed firmware verified by a write-protected bootloader and when downloading further firmware updates the device will warn you if the protocol is not correctly signed. Satoshi Labs details that the case is also ultrasonically welded which means if the exterior is broken the device will be difficult to restore.   

If Ledger Wallet Went Out of Business “It Would Only Be An Inconvenience”
What to Expect When You Order a Hardware WalletLedger Wallet has also described in the past how its company protects the security of its devices. The company headquartered in France says that the hardware protocol used in its products uses a “decentralized wallet system.” Much like Trezor, the Ledger Wallet generates private keys during the initialization process and the keys are then stored on a secure ship within the confines of the products shell.

“Ledger never has the opportunity to make a copy of your private keys,” the company explains.

What to Expect When You Order a Hardware WalletBoth Ledger Wallet and Trezors use passphrase seeds (a sequence of 24 random words) during the initialization process which can be used for key restoration. This means if you lose your hardware wallet or the device gets damaged or stolen the seed phrase can be used to access the cryptocurrencies held on the device. Further, these seeds can be utilized to obtain the digital assets using another wallet as well just in case the company closed up shop and ran off into hiding. Ledger Wallet details how customers could handle the situation if the company went out of business.   

“If Ledger shuts down all its activities, the Ledger Chrome app will most probably stop to function as our API servers would be stopped,” the company states on its website.

However, this would only be an inconvenience, as your bitcoins would stay completely safe so long as you have your 24 words recovery phrase. With your recovery sheet and your 24 words, you can anytime restore your balance to another BIP 39.

Responsible Disclosures and Bounties
A hardware wallet’s key generation and the shipping process are very important subjects to customers especially when it comes to storing precious cryptocurrencies. These companies also disclose possible MITM vulnerabilities and offer bounties to the community for testing their products for weaknesses. It’s also good to know that if the manufacturers go out of business you can restore your cryptocurrencies without the devices or using the company’s wallet software. Anyone can test their seeds out today with another wallet just to make sure.

What do you think about the manufacturing process and shipping procedures when it comes to hardware wallets? Do these things matter to you when buying a device like this? Let us know what you think in the comments below.

https://news.bitcoin.com/what-to-expect-when-you-order-a-hardware-wallet/
228  Bitcoin / Press / [2018-02-24]bitcoin.com - Wendy McElroy: Privacy Is the Virtue That Sparked the on: February 24, 2018, 05:13:15 PM
The Satoshi Revolution: A Revolution of Rising Expectations.
Section 2: The Moral Imperative of Privacy
Chapter 6: Privacy is a Prerequisite of Human Rights

Privacy is the Virtue that Sparked the American Revolution, Chapter 6, Segment 2

A general dissolution of principles and manners will more surely overthrow the liberties of America than the whole force of the common enemy. While the people are virtuous they cannot be subdued; but when once they lose their virtue then will be ready to surrender their liberties to the first external or internal invader.

— Samuel Adams

Many people are under attack from an internal invader: their government. Fortunately, history reveals a powerful weapon against the invasion.

Privacy is the revolutionary virtue that caused American colonists to slam the door in the face of British officials, both literally and figuratively. The Third Amendment of the U.S. Constitution prohibits the then-widespread practice of quartering soldiers in private homes, even during peace time, without the consent of owners. The Amendment sounds antiquated to modern ears. But correction of this travesty’s violation of privacy and property was important enough for revolutionaries to rank third in the list of liberties declared by the Bill of Rights. It follows the First Amendment (freedom of speech and religion) and the Second Amendment (the right to bear arms.)

Why? Because the Third Amendment asserted the right of domestic privacy against government intrusion into the most personal of realms – the home. It is the only language in the Constitution that addresses the relationship of the individual to the military, in both war and peace, and it gives priority to the individual. As outmoded as the Amendment may seem, it takes no great leap to apply its underlying principle to the current wars conducted by militarized law enforcement against terrorism and on “treasonous” crimes, such as money laundering. The individual comes first.

The Fourth Amendment also champions privacy. It opens by defending “[t]he right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures.” In terms of crypto-privacy, the important word is “papers.” The reference can be easily extrapolated into the 21st century to cover emails and other computer data. Moreover, the disparate history of how the law has treated “papers” and “effects” reiterates the message of the Third Amendment. When it comes to “papers,” individual privacy prevails. That is, it has until recently.

The Fifth Amendment also asserts the right to privacy by delineating the right of an individual not to bear “witness against himself” in criminal cases.

Fifty-six colonists signed the Declaration of Independence. They knew it was an act of treason, which was punishable by death. If the revolution failed, they would lose their lives, their fortunes, and endanger their families. Even when it succeeded, some paid a terrible price. “Five signers were captured by the British and brutally tortured as traitors. Nine fought in the War for Independence and died from wounds or from hardships they suffered. Two lost their sons in the Continental Army. Another two had sons captured. At least a dozen of the fifty-six had their homes pillaged and burned.” That’s how important the signatories–now called Founding Fathers–viewed the principles of the revolution, including the virtue of privacy.

Privacy was a revolutionary virtue worth dying for.

[Note: this discussion focuses on the U.S., but the principles expressed easily cross national borders and cultures. Also, I do not whitewash the many abuses of the American Revolution; I do not dispute that Loyalists were also colonists; I mean merely to highlight the pivotal role of privacy in the Revolution’s dynamic.]

What a Difference a Word Makes

When government confiscates or surveils smart phones and computers, the purpose is to snatch private information from those devices. In 18th-century parlance, the government seizes your “papers.” Compliant citizens obediently surrender the information on those devices; some even defend the intrusion on the grounds of “security.” Such people have every right to do so; it is their personal information to share or not. But they have no right whatsoever to require anyone else to comply with invasive laws and bureaucrats; they are morally wrong to demonize those who choose not to share. Yet those who say “no” to the gang rape of their privacy are literally treated as criminals.

Happily, history exists. Its invaluable lesson: things were not always this way, and it does not have to be this way now.

The world is experiencing what has been called a “technological crisis in modern legal doctrine.” Namely, the old rules do not always fit the new situation.  Physical-evidence rules do not cleanly apply to digital evidence, and inconsistent rulings by the courts on cryptocurrency further confuse the situation. No one definitively knows the legal status of your crypto-wallet or your private keys. A solution to the growing legal mess may lie in a word within the Constitution, upon which few people remark — “papers.”

Listen to history.

Again, the Fourth Amendment states, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

Aspects of the Amendment are clear. The government assumes the burden of proof before it can legally violate an individual’s privacy and property, for example. One aspect is commonly overlooked, however. It is the deliberate distinction between “papers” and “effects,” between personal information/expression and personal goods. The common law, upon which Western jurisprudence is based, has traditionally granted far greater protection to “papers.”

Law professor Donald A. Dripps opens his pioneering 2013 essay, “Dearest Property”: Digital Evidence and the History of Private “Papers” as Special Objects of Search and Seizure , with two  questions. “Why does the Fourth Amendment distinctly refer to ‘papers’ prior to ‘effects’? Why should we care?”

Dripps asks because he wishes “to ground special Fourth Amendment rules for digital evidence” within statute law in order to protect “the volume of innocent and intimate information that must be exposed [or demanded] before the criminal material is discovered.” Fortunately, a path forward can be found in the past. In the 1760s, the American colonies reflected “a great controversy over general warrants, libels, and seizure of papers that erupted in England.” The controversy resulted in a complex analysis of privacy.

Returning to the Revolutionary Role of “Papers” in America’s Birth

In 1761, the lawyer James Otis Jr. represented several dozen colonial merchants before the Massachusetts Superior Court. The case challenged the Writs of Assistance used by customs officials. The hated Writs were indiscriminate search and seizure warrants that instructed all local law enforcement to assist customs officials in searching private property for contraband or smuggled goods. The warrants expired only upon the death of the issuing authority, and they were often transferrable.

Otis took the case pro bono. Before a packed crowd, he rose in the Massachussetts State Court House to denounce King George III, the British parliament, and the entire English nation for oppressing American colonists. An impressionable young man in the audience was galvanized by Otis’ five-hour oration and by its passionate message. According to future President John Adams, Otis’ courtroom performance sparked the American Revolution:

“Otis was a flame of Fire!….American Independance was then and there born…. Every man of [the]…crowded Audience appeared to me to go away, as I did, ready to take up Arms against Writts of Assistants [sic]. Then and there was the first scene of the first Act of Opposition to the arbitrary Claims of Great Britain. Then and there the child Independance [SIC] was born. In fifteen years, i.e. in 1776, he grew up  to manhood, declared himself free.”

But colonial politics did not focus upon “papers”–letters, diaries, business records–which were not taxable items under customs law. English politics did.

In the 1760s, warrants for “papers” began to issue in Britain against authors and publishers who were suspected of “libel”–that is, sedition. Entick v. Carrington (1765) was, perhaps, the most influential legal case of the day. The presiding judge, Lord Camden, offered the famous dictim: “If it is law, it will be found in our books. If it is not to be found there, it is not law.” The government’s “right” to seize papers was not in the statutes. Therefore, it was not law.

The bare facts of the case: John Entick was the publisher of a paper that vigorously opposed the Crown. In 1762, the King’s Chief Messenger, Nathan Carrington, and three other officers broke into Entick’s home. They stole hundreds of papers in a search for evidence of sedition. Entick sued. Entick won.

Subsequent analysis of the Entick case revealed four aspects of the government’s action to be legally obnoxious. The warrant was indiscriminate, both in terms of the premises to be searched and the papers to be seized; the seizure expropriated the papers and denied use of them to the plaintiff; the warrant was unregulated because there was no neutral oversight or avenue of appeal; the seizure was inquisitorial because it gave the government information about the private workings of Entick’s mind. The latter point had special weight. Serjeant Glynn, counsel for Entick, declared: “[N]o power can lawfully break into a man’s house and study to search for evidence against him; this would be worse than the Spanish inquisition; for ransacking a man’s secret drawers and boxes to come at evidence against him, is like racking his body to come at his secret thoughts.”

American colonists paid close attention to Entick and to similar lawsuits in Britian. Penning the Fourth Amendment was not far behind.

“Papers” Versus “Effects” Plays Out in Law

Dripps explains, “Although the reception of English law in the newly independent American states was not automatic or uniform, a basic pattern emerged. The Americans adopted the English common law together with statutes in force at the time of Independence, unless the English rule conflicted with a natural right or a state constitution’s declaration of rights.” In short, any judge who considered issuing a warrant for papers ran up against the previously quoted principle of Entick‘s presiding judge; if it wasn’t in the statute books, it didn’t exist under law. Moreover, warrants on “papers” ran afoul of an increasing number of state constitutions.

Dripps continues, “America inherited the common law ban on searches for papers, adopted constitutional provisions that mentioned papers distinctly, and refused to modify the common law ban by statute until the Civil War.” The Civil War cost money, and the excise tax became the federal government’s major source of funding; tax evasion ran rampant. A unique statute was passed. An  opinion in the ensuing Boyd v. United States lawsuit stated, “[This] act of 1863 was the first act in this country, and we might say, either in this country or in England, so far as we have been able to ascertain, which authorized the search and seizure of a man’s private papers, or the compulsory production of them, for the purpose of using them in evidence against him in a criminal case, or in a proceeding to enforce the forfeiture of his property.” Seizure of “papers,” or compelled discovery, was now embedded in statute law.  Apparently, war was not the proper time to debate Constitutional protections.

The issue of “papers” versus “effects” legally zigzagged since the end of the Civil War. Arguably, the most important zig came in 1886, when Boyd was decided by the United States Supreme Court. “The story of the Boyd case,” Drips writes, “properly begins with a statute authorizing customs officers to seize the books and papers of importers suspected of evading taxes.”

Fast forward to an incident at the Port of New York. Customs officials seized 35 cases of plate glass for non-payment of import tax. The government required E.A. Boyd & Sons to produce the relevant invoice in order to fortify its case against the company. Boyd did so under protest, saying the involuntary disclosure was a form of self-incrimination that was prohibited by the Constitution; it also constituted unreasonable search and seizure. In short, the violation of “papers” denied due process. When a lower court backed the government, the case went to the Supreme Court.

The Supreme Court ruled in Boyd’s favor. It stated:

“The principles laid down in this opinion affect the very essence of constitutional liberty and security. They reach farther than the concrete form of the case then before the court…; they apply to all invasions on the part of the government and its employees of the sanctity of a man’s home and the privacies of life. It is not the breaking of his doors and the rummaging of his drawers that constitutes the essence of the offense; but it is the invasion of his indefeasible right of personal security, personal liberty, and private property, where that right has never been forfeited by his conviction of some public offense, it is the invasion of this sacred right which underlies and constitutes the essence of Lord Camden’s  judgment.”

The Boyd ruling reinstated greater Constitutional protection to “papers” than to “effects.” It also bears directly upon digital “papers” or information. The protection was never absolute, however, and it has been severely eroded in the last several decades.  Dripps explains, “[D]uring the last quarter of the twentieth century, the Supreme Court began effectively to equate ‘papers’ and ‘effects’. Another line of modern cases established ‘bright-line rules’ that  gave the same constitutional treatment to all ‘effects’.” In short, “papers” not only lost their special status under common and Constitutional law, they also became legally interchangeable with every other “effects.” Nevertheless, the precedent of Boyd prevailed for almost a century, and it is not toothless now.

Conclusion

Digital information was born into a new age of inquisition, in which privacy is viewed as guilt. Dripps observes, “Today, federal agents may obtain warrants to seize and carry away entire troves of digitally stored private papers and peruse those files at remote locations, one by one….[What] the common law condemned as a relic of the Star Chamber, and what no American legislature authorized for the first eighty years of Independence, has become standard law enforcement procedure.” Extracting private information used to require torture or other flexing of muscle. Today, the violation is so politically sanitized that it can be invisible and easy to ignore.

Don’t.

It has not always been this way, and it does not have to be this way.

Government wants people to believe that privacy is the antechamber of crime, a refuge for miscreants, and a danger to the innocent. The opposite is true. Privacy is a virtue upon which due process, freedom, and personal lives are built. Privacy is at the core of what it means to be human, because the essence of privacy is the individual mind as it assesses and experiences life.

The surest protection of privacy is to do exactly what government fears. Assert it; celebrate it; understand its pivotal importance to freedom. Do not respond to the spine-chilling demand — “Your papers!”

[To be continued next week.]

Reprints of this article should credit bitcoin.com and include a link back to the original links to all previous chapters

Wendy McElroy has agreed to ”live-publish” her new book The Satoshi Revolution exclusively with Bitcoin.com. Every Saturday you’ll find another installment in a series of posts planned to conclude after about 18 months. Altogether they’ll make up her new book ”The Satoshi Revolution”. Read it here first.

https://news.bitcoin.com/wendy-mcelroy-privacy-is-the-virtue-that-sparked-the-american-revolution/
229  Local / Новости / Re: За загадочной покупкой биткоинов на миллl on: February 23, 2018, 09:19:43 AM
Хотелось бы верить , что те кто заходит по 10-12к на лярд баксов знают , что делают , т к нам очень нехватает роста битка и что бы рынок весь поправился.
Сам буду ждать и надеяться что 2018 год даст нам профит и новые возможности заработка.
230  Bitcoin / Press / [2018-02-23]Cointelegraph - Learning Automated Crypto Trading Strategy on: February 23, 2018, 09:16:28 AM


In February, Cryptense, a full-stack Blockchain company, introduced a new decentralized platform for creating and executing cryptocurrency trading strategies automatically: Kryll.io. The company has also came up with an explainer on how you can earn big using its solution.

Drag ‘n’ drop strategy blocks
The first step to earning online with Kryll platform is to create a strategy depending on your preferable markets, the cryptocurrencies you are interested in, and your level of involvement. The strategy can be very simple or extremely advanced - it’s up to you to decide.

Kryll offers functional blocks that can help you. One of them, Market Trends, provides market information including price fluctuations, demand versus supply analysis, machine learning based market predictions and other options. In your strategy you can also include your preferable trading actions, such as buying, selling, splitting amounts into subsets, and many others.

Kryll’s most interesting feature is Signals, a combination of recent tips coming from professional traders, Telegram channels or social networks. Notifications by text messages or emails will inform you on the latest market developments, for example, if BTC, Ripple, ETH or other currencies are growing and receiving positive feedback on Twitter.

Proof-test your strategy
How can you test the strategy that you have built to see if it is right for you and your purposes? The best way to do so is testing your strategy against the market. Kryll allows you to safely execute your strategy before using it in the real world. Using the test environment in the platform, you’ll be able to test over the previous six months of recorded data.

Another option is to test the strategy as it was actually running on the market. This option will show how your brainchild performs in the real-time trading environment and, at the same time, will protect you from real world losses in case of mistakes.

As soon as you are confident enough with your chosen strategy, you can start implementing it to build some confidence. For example, you can buy a new coin at a market price and then optimize it using the tools Kryll provides.

Trading 24/7, night or day
If your strategy proves to be successful, the time is right to use the best Krylls feature, which is 24/7 trading. Kryll.io supports exchanges around the globe, including Bittrex, Poloniex, Coinbase, Cryptopia, Binance, HitBTC, and many others. The company also has several dedicated servers in Europe, Asia, and North America.

Cryptocurrencies are bought and sold on many various exchanges and sometimes at different prices. It’s possible to profit from the very tiny fluctuations between buy-price quotations. Kryll founders promise their software will allow to execute trading strategies in the most efficient way. 

There are many risks associated with trading, and you might be worried of cyber security, especially if you are executing your strategy automatically. Luckily, Kryll’s servers are under permanent DDOS protection. The startup founders also plan to have an external security audit every quarter.

Sharing with the community
With Kryll, you can earn while sharing your knowledge and ideas with other people on the platform. “We think collective intelligence is a huge asset that’ll make all of us more successful in the trading market,” the company said in its white paper.

The platform will offer a marketplace section where users can share their strategies for a fee. People with excellent insights can help their fellow traders and generate some profit at the same time.

The marketplace will also feature chats on different strategies, where people are able to interact, collaborate and give advices to each other. Users will rate strategies featured on the marketplace according to their efficiency.

https://cointelegraph.com/news/learning-automated-crypto-trading-strategy-4-steps-to-earning
231  Local / Новости / [2018-02-19] Общее число криптовалютных хедж-фондов on: February 19, 2018, 07:31:19 AM
Специализирующаяся на финансовом секторе исследовательская фирма Autonomous Next заявила об увеличении количества криптовалютных хедж-фондов до рекордной отметки в 226. Об этом сообщает Bitcoin.com.


Как отмечает издание, за последние четыре месяца, с 18 октября по 15 февраля, количество таких фондов удвоилось со 110 до 226. В начале 2017 года их число составляло лишь 37.

По данным Autonomous Next, совокупная стоимость активов под управлением криптовалютных хедж-фондов составляет приблизительно от $3,5 млрд до 5 млрд.

«Несмотря на то, что более низкие цены на криптовалютные активы создают некоторые проблемы для инвесторов, я не думаю, что это остановит появление новых фондов и финансовых предприятий в этой индустрии. Только падение всего рынка на 80% и жесткое регулирование смогут оказать достаточное негативное влияние для смены тренда», — подчеркнул партнер Autonomous Next Лекс Соколин.

Стоит также отметить, что девять криптовалютных фондов, под управлением которых находились активы на общую сумму $1 млрд, продемонстрировали средний доход в 1 477,85% (по данным аналитической фирмы Eurekahedge).

Эти хедж-фонды, как утверждает основатель финтех-компании Bitspread Седрик Джинсон, взимают высокие комиссии с клиентов, вплоть до 1,6% за управление и 17,5% за производительность, несмотря на использование пассивных стратегий в большинстве случаев.

Напомним, еще в сентябре аналитики Autonomous Next насчитали всего 55 криптовалютных хедж-фондов.

https://forklog.com/obshhee-chislo-kriptovalyutnyh-hedzh-fondov-uvelichilos-do-rekordnyh-226/
232  Local / Новости / [2018-02-17] Трейдер из Чикаго украл почти $3 млн on: February 17, 2018, 02:14:10 PM
ФБР расследует уголовное дело в отношении 24-летнего Джозефа Кима, работающего помощником трейдера в компании Consolidated Trading LLC. Молодого человека обвиняют в том, что он украл у фирмы почти $3 млн в криптовалюте, сообщает Bloomberg.

По информации ФБР, Ким торговал облигациями компании Consolidated, и несмотря на указание прекратить всю личную торговлю вне его непосредственной работы, воровал у компании криптовалюту, переводя ее на свои личные кошельки. В общей сложности со счетов компании пропало около 284 биткоинов ($2,8 млн по текущему курсу).

Когда ему предъявили обвинения в краже, Ким признался, что инвестировал биткоины компании в короткие позиции, чтобы покрыть свои личные убытки. Как выяснилось позже, у него были долги по азартным играм.

Сотрудники ФБР отмечают, что дело Кима стало первым в Чикаго, касающимся криптотрейдинга.

Ранее ForkLog сообщал, что киберполиция Украины расследует масштабную фишинговую кампанию, жертвами которой стали пользователи сервиса Blockchain.info. В период с сентября по декабрь 2017 хакерам удалось завладеть средствами в размере 700 биткоинов.

https://forklog.com/trejder-iz-chikago-ukral-pochti-3-mln-v-bitkoinah-chtoby-pokryt-igornyj-dolg/
233  Local / Новости / [2018-02-16] ВТБ: жесткое регулирование отсечет on: February 16, 2018, 08:01:56 AM
В ближайшие годы Россия введет довольно жесткие меры по регулированию криптовалютного рынка, которые позволят снизить спекулятивный эффект цифровых валют. Об этом в эфире телеканала «Россия 24» заявил глава ВТБ Андрей Костин.

«После кризиса весь мир занимался только тем, что пытался отрегулировать финансовые рынки. И вдруг появляется абсолютно независимая валюта, финансовый рынок, который вообще никем не регулируется, не учитывается, где, кстати, не работают правила борьбы с отмыванием денег и тому подобным. И это не может продолжаться долго», — подчеркнул Костин.

Глава ВТБ убежден, что жесткое регулирование отсечет от биткоина большое количество криминальных денег.

Ранее ForkLog публиковал подробный материал о новых трендах в сфере регулирования российского криптовалютного рынка.

https://forklog.com/glava-vtb-v-bitkoin-i-drugie-kriptovalyuty-ne-veryu/
234  Local / Новости / [2018-02-14] У болгарских майнеров украли майнеры on: February 14, 2018, 12:20:53 PM
В болгарском городе Благоевград неизвестные злоумышленники похитили 21 единицу техники, предназначенной для майнинга криптовалют. Трое пострадавших майнеров заявили про ущерб в размере 300 тысяч левов (около 150 тысяч евро). Об этом сообщает местный портал «БНТ Новини».

Техника располагалась на пятом этаже промышленного здания. В день кражи ее оставили с открытой дверью за закрытой железной решеткой и включенной сигнализацией. Сделано это было с целью охлаждения работающего оборудования, пояснили пострадавшие.

Также они сообщили, что похитители вынесли устройства, каждое из которых весило около 10 килограммов, всего за два часа.

Стоит отметить, что для местной полиции эта кража майнингового оборудования стала первой в их практике.

Напомним, в январе правоохранительные органы болгарской столицы Софии провели обыски в офисе компании OneCoin и еще 14 связанных с ней фирм, обвиняемых в создании «централизованной криптовалютной пирамиды».

https://forklog.com/u-bolgarskih-majnerov-ukrali-oborudovanie-stoimostyu-150-tysyach-evro/
235  Local / Новости / [2018-02-13]Три европейских регулятора напомнили on: February 13, 2018, 08:43:21 AM
Сразу три регулятора в сферах ценных бумаг, банкинга и пенсионных фондов выступили с совместным заявлением, предупредив жителей Европы о «высоких рисках», связанных с инвестированием в криптовалюты. Об этом сообщает Coindesk.


В сообщении Европейского управления по ценным бумагам и рынкам (ESMA), Европейского банковского управления (EBA) и Европейского страхового и пенсионного управления (EIOPA) отмечаются высокая волатильность криптовалютного рынка, отсутствие должного регулирования и потенциал для серьезных финансовых потерь. Регуляторы также напоминают инвесторам о «высоких рисках при покупке так называемых виртуальных валют».

«ВВ [виртуальные валюты] и биржи, на которых потребители могут ими торговать, не регулируются в рамках законов Евросоюза. По этой причине покупатели ВВ никак не защищены, в отличие регулируемых финансовых услуг. Например, если ВВ-биржа закроется или потребители потеряют свои деньги из-за хакерской атаки, то в Европе нет законов, в соответствии с которыми убытки могут быть компенсированы», — говорится в сообщении.

В документе отдельно отмечаются криптовалюты биткоин, Ethereum, Litecoin and XRP. Кроме того, по мнению регуляторов, часто монеты продаются без разглашения необходимой информации о их происхождении и связанных с ними рисках.

Частично регуляторы связывают эти риски со сложностью покупки и продажи криптовалют, а также с низкой скоростью подтверждения транзакций. Как говорится в сообщении, пользователи могут приобрести некоторое количество монет по определенной цене, однако перегруженность сети может привести к тому, что в итоге трейдеры получат меньше, чем покупали изначально, и по более высокой цене.

Жителям Европы рекомендуется детальнее изучать техническую сторону криптотрейдинга, а также не инвестировать больше, чем они могут позволить себе потерять. Кроме того, потенциальным трейдерам рекомендуется уделять больше внимания вопросам безопасности своих электронных кошельков.

Как отмечает издание, на прошлой неделе ESMA объявило, что цифровые валюты станут одним из приоритетов ведомства в 2018 году. Позже высокопоставленные чиновники Франции и Германии обратились с призывом обсудить вопрос регулирования рынка криптовалют в ходе саммита «Большой двадцатки», который пройдет в марте в Аргентине.

https://forklog.com/tri-evropejskih-regulyatora-napomnili-o-vysokih-riskah-kriptotrejdinga/
236  Local / Новости / [2018-02-13]Криптовалютная P2P-биржа HodlHodl on: February 12, 2018, 04:37:47 PM
Базирующаяся в Латвии криптовалютная P2P-биржа HodlHodl объявила о запуске бета-версии платформы, ориентированной на безопасные сделки с биткоином и другими криптовалютами.

Ожидавшийся с нетерпением многими представителями биткоин-сообщества запуск проекта HodlHodl состоялся с задержкой на несколько недель, обусловленной необходимостью более тщательного тестирования функционала биржи.

Как говорится в блоге проекта, в настоящий момент пользователям доступны такие функции, как открытие аккаунта, заполнение профиля, установление двухфакторной аутентификации, создание оферов и изучение других возможностей.

В то же время создание контрактов пока недоступно: для этого необходимо формирование полноценного ордер-бука и уверенность в том, что все работает безупречно. Ожидается, что эта опция станет доступной уже на следующей неделе, когда будет запущен процесс реального трейдинга.

Среди ключевых характеристик HodlHodl можно отметить следуюшее:

Безопасность: мультисиг (P2SH)-контракты, благодаря которым пользователи имеют полный контроль над ключами к средствам, находящимся в эскроу-контракте.
Дешевизна: максимальный размер комиссий составит 0.6% за сделку, при этом до конца июня 2018 взыматься они не будут
Децентрализация: P2P-сделки без необходимости проходить процедуры KYC/AML;
Поддержка нативных Bech32 Segwit-адресов
На первоначальном этапе команда HodlHodl планирует вести торги только биткоином и Litecoin.

В дальнейших планах проекта – поддержка протокола микротранзакций Lightning Network, оптимизация структуры комиссионных издержек, добавление новых криптовалют и локализация сайта на другие языки.

Тем временем известные представители биткоин-сообщества сообщают в соцсетях о том, что запуск HodlHodl может действительно статб исключительно важным событием для индустрии.

Так, авторитетный эксперт Туур Демеестер заявил, что это единственный проект, советником которого он на данный момент согласился выступить.

Напомним, в ноябре 2017 года команда HodlHodl провела в Риге масштабную биткоин-конференцию Baltic Honeybadger 2017. В эксклюзивном интервью ForkLog сооснователи HodlHodl Макс Кейдун и Роман Снитко рассказали как о самой конференции, так и о том, что сможет предложить пользователям их биржа.

https://forklog.com/kriptovalyutnaya-p2p-birzha-hodlhodl-zapustilas-v-beta-rezhime/
237  Bitcoin / Press / [2018-10-02]Ledger X President: $50K Bitcoin Bet Saw on: February 10, 2018, 06:37:13 PM
Last year on December 22 a firm purchased a $1 million dollar options trade on the Ledger X platform that wagered the BTC/USD market price will be $50,000 by the last month of 2018. This week Juthica Chou, the president of Ledger X chatted with Jared Blikre at the Yahoo Finance All Markets Summit’s cryptocurrency presentations and explained to the audience how the bitcoin trade was settled for a premium.

Also Read: Coincheck Announces JPY Withdrawals Will Resume Next Week


The Mysterious Bet Placed Last December That Wagered Bitcoin Will Touch $50K By the End of 2018
Last year after the price of BTC hit the $19K region on December 16, the cryptocurrency’s value started tumbling downwards and touched the $15K zone just before the holidays. On December 22 a company surprised a lot of people when they purchased a Ledger X futures contract betting the price of bitcoin would be $50,000 by the last month of 2018. An individual “familiar with the matter” told the publication Business Insider that the $1 million bet on bitcoin was placed by a firm called Blocktower Capital. Blocktower is a well-known hedge fund that has 175 startups under its belt, and was founded by Ari Paul a former executive at Susquehanna. After the Ledger X sale was executed Paul tweeted to his Twitter followers, “I wonder who bought these?”

Ledger X President: $50K Bitcoin Bet Saw a $1M Premium the Same Day

Earning Yield Off of Bitcoin Market Volatility
At the Yahoo Finance All Markets Summit this week the president of Ledger X, Juthica Chou, explained how the call overwrite was executed and some of the reasoning behind the trade.

“This is an example of a call overwrite that was done back in December,” Chou explains showing the audience a chart of the million dollar trade settled on December 22. “So a lot of our market participants are bitcoin holders or have bitcoin on their balance sheet — But they are not really earning any yield off of it, so a common type of trade, even in the stock space to earn yield is something like a call overwrite.”

In this case back then bitcoin was $15,000 USD, the seller deposited 275 BTC with Ledger X. Then they sold 275 of the $50,000 strike call options expiring on December 2018.

Ledger X President: $50K Bitcoin Bet Saw a $1M Premium the Same Day A Million Dollars in Premium Made That Day
Chou explains behind the scenes the trade is very profitable as the contract buyers sold the options for a premium the day the trade took place.        

“So one way to think about it is on trade date they sold these options for $3,600 per option,” Chou reveals to the All Markets Summit’s Jared Blikre. “Given the volatility of bitcoin, it’s a pretty healthy premium which is about 25 percent of the spot price at the time.”

They collected a million dollars in premium that day, and as soon as the trade is done, the premium is in their account and they can withdraw it. Then the trade gets held for a year or until someone trades out of it — So that expiration if bitcoin is above $50,000 then the seller will essentially sell the bitcoin for $50,000 and received another $14 million dollars.



Ledger X President: $50K Bitcoin Bet Saw a $1M Premium the Same Day
Virtual Trading Pits Designed With Digital Currency In Its DNA
The president of Ledger X seems optimistic about the future of digital currencies and explains her firm is adding some of the old aspects of stock trading to the modernized cryptocurrency scene. One of the ideas is a ‘virtual trading pit’ modeled after the ‘pits’ stock traders used in the past to gather and trade shares and options. Most stock exchange pits have since been replaced by electronic trading services, and some of the largest trading floors have closed down.    

“Were actually bringing back the social pit nature of trading and we launched a beta version of what we call ‘The Pit’  and it really harkens back to the pit days,” Chou adds.

A lot of the great elements of the social trading pit, people exchanging market color, knowing who their counterparties are, but we’re doing it in more of a modern way that’s specifically designed with digital currency in its DNA.

What do you think about the million dollar options bet placed on the Ledger X exchange? Do you think the idea of virtual pits would be a good concept for digital currency traders? Let us know what you think in the comments below.

Images via Pixabay, Ledger X, and Yahoo Finance.

https://news.bitcoin.com/ledger-x-president-50k-bitcoin-bet-saw-a-1m-premium-the-same-day/
238  Bitcoin / Press / [2018-10-02] Bitcoin may not be worth all the hoopla: NY Fed on: February 10, 2018, 06:35:50 PM
Bitcoin and other digital currencies have, so far, not been formidable competition for cash, checks or credit cards as a payment method in the United States and other major economies, according to two economists at New York Federal Reserve.

Virtual currencies usually thrive as an alternative form of payment during times of suspicion around traditional forms of payment, they said in a blog post published on Friday.

For example, in 2015, as Greece struggled with its debt problem, Greek interest and trading in bitcoin jumped amid worries over capital controls and a possible exit from the euro zone, the New York Fed economists, Michael Lee and Antoine Martin said.

"Cryptocurrencies arguably solve the problem of making payments in a trustless environment, but it is not obvious that this is a problem that needs solving, at least in the United States and other advanced economies," the post said.

Indeed, bitcoin, ethereum, ripple and other digital currencies, while they have grown in use and popularity, have notable drawbacks, the economists said.

With bitcoin, extreme volatility tends to undermine its function of storing value. This is unlike a traditional currency that is managed by a central bank, they said.

Bitcoin transactions also consume a lot of electricity and it takes time to validate transactions, the economists said.

Right now, bitcoin transactions are estimated to use 48 terawatt hours of energy a year, an amount which could power 4.4 million of U.S. homes, according to Digiconomist, a blog about cryptocurrencies that Lee and Martin cited in their post.

Cash and other traditional payment methods also offer convenience, a formidable advantage relative to cryptocurrencies, the economists said.

"Fundamentally, we wonder whether a payment method designed to function where trust in institutions is completely absent can ever be as convenient as one where trust is required, but also already exists," Lee and Martin wrote.

Bitcoin has seen its value tumble as much as 70 percent from a record peak near $20,000 in mid-December. On Friday, it was at $8,414.34 on the Luxembourg-based Bitstamp exchange.

"In a world where all things were priced in bitcoin, this would likely translate into massive swings in inflation and economic activity," they said.

https://www.reuters.com/article/us-bitcoin-fed/bitcoin-may-not-be-worth-all-the-hoopla-n-y-fed-blog-post-idUSKBN1FT231
239  Bitcoin / Press / [2018-10-02]Bitcoins Worth $4.7 Million Seized in Fake ID Case on: February 10, 2018, 06:33:07 PM
As law enforcement grows increasingly adept at tracking Bitcoin transactions, federal investigators have seized some $4.7 million worth of Bitcoin in what has been described as a “large scale” fake ID operation.

That’s according to the Associated Press, which reports that a district court in Ohio has charged Mark Simon of falsifying identification documents. Authorities seized the cryptocurrencies, along with computers, printers, as well as gold and silver bars inside the home of the alleged fake ID maker.

Still, investigators didn’t find the alleged ID-maker’s trail using Bitcoin—but rather using Reddit. Simon was allegedly peddling his goods via Reddit—leaving a trail leading to a college student who told regulators that a friend bought a falsified ID using the site.

The news comes as criminals are gravitating toward other cryptocurrencies such as Litecoin or Monero instead of Bitcoin, as investigators grow more savvy with tracking the “poster child” of cryptocurrencies. Cryptocurrencies in general are thought to be favored in criminal transactions, as they are pseudonymous and harder to track. Though even with Bitcoin and its peers, the problem of marketing goods is still difficult for those hoping to erase their trail.

http://fortune.com/2018/02/09/bitcoin-seized-fake-id-case/
240  Bitcoin / Press / [2018-10-02]Bitcoin’s Volatility Is a Feature, Not a Bug on: February 10, 2018, 06:31:52 PM
Another suicide has made its way to media scrutiny, and crypto markets plummeting was promptly highlighted as the ultimate cause. It’s time to consider our mental health as investors in light of bitcoin’s infamous feature – volatility.

Also read: Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners

Bitcoin’s ”Death” Is Not the End of the World
Dear Reader, perhaps you’re considering a jump into the bitcoin investing pool. The waters, while choppy, seem warm and inviting. They are in a lot of ways. Prior to laying down any significant sums, it’s right and good to help you orient yourself for what’s ahead. First, you’re valued. That’s right. For decentralized currencies to work, we have to have a strange kind of faith in your being rational an actor enough to expand the network, either as an investor, hodler, or through development and mining aspects. You don’t have to be a good person necessarily, but you do have to possess at least slivers of our ethos, finding value in a trustless, borderless, payment system and currency. And that you do makes you valuable.



Contrary to portrayals in the media or government schooling textbooks, freer markets, quasi-anarchic systems such as bitcoin and crypto aren’t looking to gain at your demise. Just the opposite is true, in fact: everyone needs you to thrive, to do well. The more people having a great experience with cryptocurrencies, finding meaning within it in their own ways, the more innovation, growth, and eventual adoption. People feeling used, stupid, sorted as if this were some great Darwinian struggle for financial existence runs counter to literally everything bitcoin is about. That’s Old World thinking. That’s the Ponzi of fiat’s newer money getting into favored hands first, circulating down to the rubes later through inflation or redistribution schemes. That’s not bitcoin. That’s not us. We want you to see bitcoin/crypto as a long term project, and nothing like a get rich quick idea. You need to be very much alive to help us all get there.  

Bitcoin’s Death is Not the End of the World

The world’s most popular decentralized currency has a large, blunt pimp hand: price volatility. It’s brutal. It slaps down those who swagger into its orbit, hoping to strike it rich. The irony is that its crazy bounces, stair climbs, parabolas are what attracted hordes in the later part of 2017. As we’ve seen, it has since been their undoing. Stories in the popular press around the globe are beginning to emerge about the aftermath, from a Washington Post feature on Kentucky’s heartbreaking community of glossy-eyed, fevered bitcoiners to South Korean news about yet another suicide in relation to crypto losses.

Bitcoin has had a price nearly since its inception, not long after. Tenths of a penny notwithstanding, its balloon in this area has been well documented. Complexity surrounds its value, and while authors such as myself feel the tech is in some ways undervalued, really no one expected the damn thing to be units of magnitude like it is now. Sure, you’ll read a variety of claims, but most of that is marketing hype for media attention. Bitcoin has the hash power. It has the miners. It has user adoption numbers dwarfing all others. It has the brand. Might it continue to be the standout among its asset class is anyone’s guess. No one can say with certainty.

Bitcoin’s Death is Not the End of the World

Bitcoin Can Die
Bitcoin can die. It can be taken to near zero a variety of ways. The same is true for all cryptocurrencies, no matter levels of decentralization or other salient factors. If you’re considering investing in bitcoin, or if someone you know is, it’s a great time to take some giant steps back. Chances are you’ve never invested before formally in any financial realm, and cryptocurrencies are an easy way to get onboarded and make you appear to be a genius.



To be emotionally ready for crypto, however, consider the following. Pay down any consumer debt. That interest stacking up automatically eats at whatever perceived gains you’re calculating, almost defeating the purpose. A double whammy of losing at the crypto market and still having a credit card payment adds stress, to say the least. Gather up something like a budget. For three months stick to it, shaving off about twenty percent of your income as savings. By that first quarter, you should have a nice little nut relative to your earnings. During that time, check-in on the bitcoin price weekly. Read a few stories at News.Bitcoin.com every couple of days to get a sense of where the market is heading, possible trends forming. Read up on the technology: is it improving? Is its market share still there? And so on. The combination of financial discipline and crypto literacy will lessen shock and toughen you as a long term investor.

Bitcoin’s Death is Not the End of the World

After doing your homework, allocate as much as up to half of your savings, not more, into crypto. Buying a basket of currencies is a nice, conservative way to wet your beak. Give yourself a year to see where the money goes, and during that time continue budgeting and replacing your invested savings, taking profits from crypto gains, assuming there are some, and either place those in fiat or reallocate your basket as information on the ground changes.

And do not assume participating in bitcoin and crypto means always having to spend your own money. Participation comes in a variety of ways: people earn digital dough by selling goods and services online; they also begin to take developer courses, teaching themselves the ins and outs of coding; if you’re handy with words, start a blog to educate others. Again, there are a myriad of ways to be part of bitcoin’s pioneering spirit without trying to be a hotshot investor.

Bitcoin’s Death is Not the End of the World

Talk About It
It’s alright to have made financial mistakes. They sting a bit more because of the emphasis we place on money. And money is important. It’s a score keeper of our decision-making ability, all things being equal. It tells us a lot about ourselves. But it doesn’t tell us everything. Stories abound about later successes beginning as failures, and often over and over again. That might be your story too. Realize the best of us is guessing, that literally no one understands exactly where crypto is going, and don’t be so hard on yourself if you do lose.

Feelings of despair are natural during downturns. Just realize you’re not the only one, and that this isn’t the first time something like what’s happening has happened. Gallows humor goes a long way, making fun of yourself and that stupid initial coin offering from a Nigerian prince you sunk too much money into. Chalk it up to experience. And that gets easier to do if you approach crypto investing correctly in the first place. You won’t be completely busted. You’ll instead be wiser for the venture, and hopefully better prepared when the next proposition arises.

Bitcoin’s Death is Not the End of the World

Religious counselors, mentors, a good psychologist, friends, and family can all be great sounding boards. Chances are they too have anecdotes about investments going sour. Hear them. Tell them. Don’t isolate yourself. Don’t believe for a second you’re not valued. You are. I need you as a reader, Dear Reader. The broader community needs your story, as maybe your goofs can help someone avoid such a mistake. But abandoning all hope is so 20th century, so analog, so government issued paper money. You’re here with us now, 21st century pioneers at the hinge of financial history, and we need your bravery to succeed.

How do you deal with price downturns? Let us know in the comment section below!

Images via Shutterstock, Pixabay.

Disclaimer: Bitcoin price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”

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