E-Commerce Retailer Fonq.nl Accepts Bitcoin As The Netherlands Continues To Embrace Cryptocurrency

One of the most powerful forces driving the use of bitcoin as a currency is ecommerce, and one of the world's most bitcoin-progressive countries is the Netherlands. Hence, it comes as no surprise that one of the Netherlands most prominent ecommerce merchants, Fonq.nl, now accepts bitcoin.


Go to www.fonq.nl and you can purchase gifts, housewares and fashion merchandise using bitcoin in addition to a number of other payment options. Shoppers can pay with iDeal (an online payment service), credit card, PayPal and bank transfer, post-delivery, and now bitcoin.

The fact that the Dutch ecommerce retailer didn’t make a big splash about bitcoin might say something about the widespread use of bitcoin in the Netherlands.

At the time of publishing, there is no announcement about bitcoin on the fon.nl website.
BitPay Tweets About Fona.nl

The development came to people’s attention today when BitPay tweeted about it. And as of today, BitPay does not mention fonq.nl on its website either.

Fonq.nl operates four online stores in Europe, according to ecommercenews.eu. In addition to its Netherlands business, the company has ecommerce websites in Belgium, Germany and France. Ecommercenew.eu noted that bitcoin payments are only accepted on the Dutch ecommerce site.

Fonq.nl is part of RFS, which is the second largest ecommerce company in the Netherlands.


https://www.cryptocoinsnews.com/e-commerce-retailer-fonq-nl-accepts-bitcoin-netherlands-continues-embrace-cryptocurrency/

Bitcoin Cloud Mining Provider Genesis Mining Reaches 100,000 Customers, Announces Black Friday Discount



Genesis Mining, the world’s leading bitcoin cloud mining provider, announced their most significant milestone yet today: the acquisition of their 100,000th customer.

Since launching in early 2014, Genesis Mining has separated themselves from the competition with their dedication to transparency, community activism, and constant innovation, which has allowed the company to scale faster and more effectively than many other companies in the industry.

In July of this year, the company announced Genesis Hive, a tool that provides enterprise-level cloud mining management to mining companies and providers.

In August of this year the company announced Life Inside a Bitcoin Mine, which gives users the ability to watch a live stream directly from one of the Bitcoin mines the company operates in Iceland.

In September of this year, the company announced the launch of X11 cloud mining, a service that allows customers to mine via an alternative algorithm.

And in October of this year the company announced their U.S.-based Bitcoin advocacy campaign aimed at raising awareness about Bitcoin for mainstream audiences. The campaign launched in San Francisco, Los Angeles, Miami, Boston, and Chicago and featured a variety of creative taxi ads, billboards, and street signs.

To celebrate this important milestone, lucky customer number 100,000 will receive $1,000 in free hashpower. Additionally, Genesis Mining will be giving all customers a discount of 11% for all orders purchased on Black Friday.


http://www.digitaljournal.com/pr/2757711

E-Coin Black Friday Sale: Bitcoin Debit Cards 40% Off for 48 Hours

Normally, an USD-denominated debit card from E-Coin costs $17 USD with standard shipping. During the two-day Bitcoin Black Friday sale, the same card will be available for $10.20 USD with standard shipping. The E-Coin debit card is hosted by MasterCard, allowing people to use their cards at any store or ATM that accepts regular MasterCard debit and credit cards.

E-Coin offers a substantial suite of services in addition to its debit card. Users have access to a multi-sig bitcoin wallet for funding cards; a virtual debit card can be purchased in place of a physical card; users can use their cards with no spending or ATM withdrawal limits; user funds are protected by insurance; and users can download a mobile app to manage their funds. However, like most Bitcoin debit cards, people in the United States cannot purchase an E-Coin card.

Bitcoin debit cards are a valuable product that serves as a bridge between traditional markets and the cutting edge Bitcoin economy. While bitcoin acceptance is low among brick and mortar stores, enthusiasts can still spend their coins in the physical world using a service like E-Coin. These cards also make using bitcoin feel more like spending fiat currency, which may allow them to serve as transitional aids for people who may be skeptical about fully adopting Bitcoin.

Bitcoin Black Friday is an annual event in the Bitcoin community, and it has gotten bigger every year since its inception. Although the official list of participating merchants is not available as of press time, the community expects big names like Newegg, Overstock, Dell, and Tiger Direct to participate in the event. During Bitcoin Black Friday, shoppers are given the opportunity to get exclusive discounts on items by using bitcoin. While the official Bitcoin Black Friday event will only last during Friday, November 27, E-Coin will offer its 40% discount for 48 hours — as mentioned above.

http://bitcoinist.net/e-coin-black-friday-sale-bitcoin-debit-cards-40-off-48-hours/

Price-Discovery is a Public-Good: BNC Releases Free API's

A public good is a good that is both non-excludable and non-rivalrous, in that individuals cannot be effectively excluded from use, and where use by one individual does not reduce availability to others. For the Bitcoin & Blockchain ecosystem to grow, users need basic building blocks to make things relevant.

Price-Discovery and Currency Conversion is a bedrock for many applications. We already have several leading bitcoin wallets & companies using our API's.

http://bravenewcoin.com/news/price-discovery-is-a-public-good-bnc-releases-free-apis/

Bitcoin said to be key financing channel for ISIL

Islamic State of Iraq and Levant (ISIL), which has used technology to its advantage in recruitment and propaganda, has found a new funding avenue in virtual cash.

According to “hacktivists” at Ghost Security Group (GhostSec), ISIL has millions of dollars parked in several bitcoin accounts that it uses to fund terror operations.

Bitcoin accounts are opened using virtual money, but those digital funds can be cashed in for real money or goods. Bitcoin, said to be the world’s first decentralized currency, can also be sent between parties without the involvement of financial institutions.

“Terrorists need anonymity,” said cybersecurity expert Morgan Wright, a senior fellow at the Center for Digital Government, a national research and advisory institute on information technology policies. “Countries have gotten very good at tracking terror financing in the years since 9/11. Networks have looked for new ways to do it, and it appears they’ve found it in bitcoin.”

The ease with which anyone can send and receive virtual funds is documented on the bitcoin website (bitcoin.org):

“Sending bitcoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.”

http://www.worldtribune.com/bitcoin-said-to-be-key-financing-channel-for-isil/

Experts: Bitcoin is prime cash for terrorists

WASHINGTON (Sinclair Broadcast Group) — With digital currency, customers can buy just about anything and remain anonymous--no coins or paper currency.

Digital currency like Bitcoin is not tied to any country, nor subject to regulation. Experts say it's prime cash for terrorists.

"Things like Bitcoin are representing a means of financing illegal activity, not just terrorism," said Senator John Cornyn (R-Texas).

Steve Bucci of the Heritage Foundation in Washington, D.C. agrees: "It's not just Bitcoin. Bitcoin is the most popular, the most prevalent form of digital currency, if you will."

Financial experts say terrorists could and very likely are using digital currency to spread their jihad anywhere in the world, specifically if their transactions are done in what's known as the "Dark Net," something that can't be found on search engines like Google.

"In the Dark Net in particular you can hire people to do murders, you can buy drugs," says Bucci. "And so things like suicide vests or weapons are definitely available in that area."

Members of the European Union held a "crisis meeting" recently to see what can be done to better regulate digital currency to stop potential terrorists from getting the upper hand.

"The bad guys are not dumb," Sen. Cornyn says. "Many of them are very shrewd, very smart and they'll try to find a weakness and exploit them, whether it's in financing or communications or radicalization."

"Sometimes the bad guys get ahead of us," says Bucci. "But we usually catch up and exceed them when we need to, but it's a constant battle."

http://kutv.com/news/nation-world/bitcoin-proves-to-be-prime-cash-for-terrorists

Bitcoin Price Technical Analysis for 27/11/2015 – Potential Correction Levels


Bitcoin Price Key Highlights

    Bitcoin price recently made a strong upside break from a consolidation pattern, indicating that buying pressure is building up and that an uptrend might take place.
    A bit of hesitation can be seen right now, though, so a correction to the short-term Fib levels might be needed before more bulls come out to play.

Bitcoin price could retreat to any of the Fibonacci retracement levels marked on the 1-hour time frame before resuming is climb to the previous highs or beyond.

Technical Signals Favor Rallies

Even though a bit of selling pressure could come into play as traders book profits off the latest rally, the Fib levels might still hold as support and draw more buyers to the mix. Price is already testing support at the 50% retracement level or $350 and might be due for a climb back to the latest highs at $370.

A larger correction to the 61.8% Fib might still be possible, taking bitcoin price down to $335. RSI is on the move down so buyers might still be taking a break and letting sellers take it from here.

http://www.newsbtc.com/2015/11/26/bitcoin-price-technical-analysis-for-27112015-potential-correction-levels/

Visa Europe Collab & Epiphyte: Private and Alternative Blockchains Are ‘Vapourware’ At This Point

In an interview with CoinJournal, Jon Downing of Visa Europe Collab and Edan Yago of Epiphyte said that while they are interested in other systems, Bitcoin will likely play a role in the future and other blockchains have to be considered “at this point vapourware.” Seemingly a departure from the tone of other institutions that preferred to hype their own blockchain technologies over Bitcoin itself.

Visa and Blockchain stories are nothing new, the payment network has made comment on the technology dozens of times over the past year and whereas the frequency of headlines about bitcoin & financial institutions has reached a boiling point, something we may not have expected 12 months ago, the latest news from Visa Europe Collab is more interesting having announced a proof of concept through their collaboration with Epiphyte Limited.

About Visa Europe Collab

Visa Europe Collab was set up at the beginning of 2015, essentially serving as the innovation hub of Visa Europe. The company is exploring five key areas/questions: How to add value in the smart cities space, how friction can be removed from the consumer retail environment through new innovations, how identity and authentication can be simplified without compromising our own personal security and blockchain technology, specifically at how the technology and cryptocurrencies can provide long-term value for Visa Europe and how they can enable existing services to be delivered in innovative ways.

http://coinjournal.net/visa-europe-collab-epiphyte-blockchain-interview/

Santander Bank: “Distributed Ledger Eliminates the Need for Central Authorities

Santander Innoventures, a US$100 million fund of the billion dollar financial institution Spanish Santander Group, has released a research paper titled “The Fintech 2.0 Paper: rebooting financial services,” to examine the advantages of distributed ledger as a transaction and asset settlement platform.

The decentralized and transparent nature of the distributed ledger technology of Bitcoin, also known as the blockchain technology, allows anyone on the network to record or certify irrefutable and unalterable document or asset autonomously.

Bitcoin is one of many unique applications built on the distributed ledger technology. As security expert and author Andreas Antonopoulos explains, “saying bitcoin is a currency is like saying the Internet is email. Currency is just the first application. Bitcoin as a currency is only the beginning.”

http://www.newsbtc.com/2015/11/26/santander-bank-distributed-ledger-eliminates-the-need-for-central-authorities/

Thanksgiving Session

Bitcoin had a highly volatile Thanksgiving session. On OKCoin we opened at $328.90 and slowly rallied until we hit a high of $369.70 around mid-day. But this $40 dollars rally came to an abrupt stop here as prices tumbled back down to hit $340.55 just few hours later. We are currently quoted at $344.54 on this exchange. - See more at: http://www.forexnews.com/blog/2015/11/26/bitcoin-in-volatile-thanksgiving-session/#sthash.EMv3X4Wr.dpuf

On the chart above we can see today’s trading session on OKCoin. On rival exchange BTC-E we had an equally volatile day, with BTC/USD peaking at $366.50 then crashing to $329.94, all in the span of few hours.

Futures premiums spiked today, with the longer-dated December 25th contract rallying to a high of $382.62. This contract is trading at $363.60 dollars at the moment. But as we’ve written previously, paradoxically futures are somewhat of a lagging indicator. When prices surge like they did today, futures will start to price in a large premium. But this doesn’t say much about future price movements. Futures premiums are more of a confirmation tool then anything else.

Despite the large gains today, the price action and the major reversal point to a blowout top. On OKCoin prices are currently trading at $25 dollars below the top. On BTC-E we’re at $29 dollars. A resumption of the move higher is unlikely in the near future, although stranger things have happened in bitcoin land.

A breakout above the $400 round figure (OKCoin) would technically start a new BTC rally. Under that scenario the new uptrend would be negated by a break below the $307 swing low. The large risk of almost $100 dollars means that trading sizes should be adjusted accordingly, in order to successfully maneuver in this highly volatile trading environment.

On the lower end a break below $290 dollars would start a new downtrend. In this case we have large risk as well, the new downtrend would only be negated on a break above today’s high at $369.70 dollars per coin. The next few days will be critical in determining whether we breakout or go back to boring daily ranges.


http://www.forexnews.com/blog/2015/11/26/bitcoin-in-volatile-thanksgiving-session/

Bitcoin Report: ISIS Utilizing Digital Currency to Fund Terror Operations, Conceal Cash

Based on the discovery of the hacker organization Ghost Security Group, ISIS is using Bitcoin to hide its terrorist activities. Ghost Security Group, which is composed of techies, says it has found several cryptocurrency accounts that the Islamic State uses to fund their terror acts.  One account had more than $3 million worth of virtual money, a Ghost SG member divulged to Michael Smith II, a co-founder of national security agency Kronos Advisory.

 

In an interview with Fox News, Ghost Security Group revealed that it has tracked down several digital currency accounts used by ISIS.  According to Smith, “GhostSec wants to make an impact in the field of counter-terrorism,” stressing that a GhostSec member contacted him because government officials were not paying close attention to the allegations.

http://www.fxpips.com/bitcoin-report-isis-utilizing-digital-currency-to-fund-terror-operations-conceal-cash/

Coinizy Launches Bitcoin to PayPal Exchange Option

Coinizy, a Bitcoin exchange founded by Yannick Losbar, has recently announced the launch of the world’s first Bitcoin to PayPal exchange option.

The platform that enables Bitcoin to PayPal exchange option promises to be the fastest and easiest way to convert Bitcoin to fiat money. Besides, it provides the most diversified cashing out facilities among all Bitcoin exchanges.

“Up until now, 99% of the Bitcoin exchanges only offered the good old wire transfer, when one wanted to withdraw the funds he obtained by converting some bitcoins. This excludes de facto the 2.5bn unbanked people, as well as most of the teenagers, which is very unfortunate since this part of the population could represent the next potential wave of Bitcoin adopters,” explained Losbar.


http://www.coinspeaker.com/2015/11/25/first-ever-paypal-bitcoin-exchange-coinizy/

I'm really hope and waiting that tomorrow

the price rise today but not like many expect that

lets see what will happening tomorrow

sorry for that , moved

he was want to buy a new skin for his game 
I think the site is already scammed him too

Ex Barclays' Chief: Fintech Will Significantly Disrupt Banking Sector

The former Group CEO of Barclays, Anthony Jenkins, predicts a future within the next ten years wherein financial technology or fintech will substantially disrupt traditional banking systems and the banking industry as a whole. He is convinced banking installations and those employed in banking institutions will be reduced by at least 20% in the coming ten years, if not up to as much as 50%.

Anthony Jenkins, former CEO of one of Barclays, the UK’s second biggest bank in assets after HSBC has predicted an “Uber-like” disruption from the Fintech sector to come crashing down on the current banking industry.

    [I’m] a passionate believer in the transformative power of technology. It is an unstoppable force, which often has a hugely positive impact in the way we live and work.

https://www.cryptocoinsnews.com/ex-barclays-chief-fintech-will-significantly-disrupt-banking-sector/

he make another account
https://bitcointalk.org/index.php?topic=1265849.new#new

reported to mod

done and sent address

you didn't reply on me 

neg rep n move on 

PM sent
did you support escrow ?  

American Airlines No Longer Accepts Argentine Peso – Opportunity for Bitcoin

According to the statement released by American Airlines, the company is no longer accepting Argentine Peso payments due to “no inventory available for purchases in this currency due to repatriation issues”. For those who can not read between the lines: American Airlines is having issues when trying to convert Argentine Peso to US Dollar.

Due to this decision, it is impossible to book any flight with Argentine Peso for the time being. However, American Airlines still accepts purchasing made by Argentinians using foreign credit cards denominated in a different fiat currency; It is no secret how the Argentine peso has been losing a lot of its value over the past years, and it looks like there is no improvement in sight anytime soon.

Truth be told, this issue is not entirely American Airlines’ fault either. The company is falling victim to several things going in Argentina itself, which is limiting any business manoeuvrability. With Argentina’s central bank reducing the daily amount of money foreign companies can bring back to the US, there is very little room for major businesses to operate as normal.

To make matters even worse, there are major changes coming to Argentina’s currency. Now that a new President has been elected, major economic reforms have been announced. Among those reforms is ending the government’s currency controls, which can turn out to be either positive or negative.

http://themerkle.com/news/american-airlines-no-longer-accepts-argentine-peso-opportunity-for-bitcoin/