Bitcoin Weekly Recap 1-8-2016India’s Zebpay Receives $1 Million in Funding. Pennsylvania Effort to Declare Bitcoin Money Falls Victim to Budget Impasse. BitStamp Announces Bitcoin Sales via Credit, Debit Cards. New Chinese Capital Controls Not Expected to Impact Bitcoin Exchanges. Booking Your Room with Bitcoin and BookWithBit. http://dcebrief.com/bitcoin-weekly-recap-1-8-2016/
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Question to the Online Wallet: I created several addresses for the different sources I got NOTE from (like Cryptsy, Pool 1,...). After I received them, I transferred them to the main address. I was usually able to transfer the full amount that was stated as balance for this address  Sometimes there appears an error message when I'm trying to do the same like before  What's the reason, what does this error mean? Hi tittiecoiner, I'll go in and take a look to see what I can find. The withdrawal looks fine, so should go through. *Edit: There is a bug, but I manually processed the withdrawal request for you. |
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Nick did an excellent job on the 2015 DNotes year in review, it is impressive to see the major accomplishments lined up in one article, it has indeed been a busy year for DNotes. We will continue building the DNotes ecosystem and growing our community of DNotes stakeholders in 2016. In 2015 DNotesVault has almost reached 20 million in DNotes held for stakeholders, CryptoMoms reached over 15 thousands members, DCEBrief has over 120 stories published and reached over 50 thousand unique readers with high retention and repeat visitor rates, and the DNotes forum thread has been read over 400 thousand times with just over 8600 posts. Thank you to all for your contributions!
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The slideshow that follows this article is really good and worth checking out. Here's why banks are obsessed with a technology that's 'becoming the new internet'2015 was the year of the blockchain for banks. Financial institutions became obsessed with figuring out how to use the blockchain — the software that underpins bitcoin — for everything from "smart" contracts to issuing shares to clearing payments. Blockchain is a name for the software underpinning bitcoin that uses complex cryptography and distributed ledgers — copies of records in multiple places — to regulate, record, and enable transactions using bitcoin. In effect, it lets users — the "crowd"" — police the monetary system without any central bank or regulator. Over 40 top investment banks have joined an industry-wide consortium looking at how the technology can be adapted to traditional finance and Goldman Sachs has declared that the technology could change "well, everything." William Mougayar, a partner at new Toronto-based venture capital firm Virtual Capital Ventures, says the technology has the potential to be the "new internet" for financial services, heralding a huge wave of innovation and re-invention. (He's not the only one who's compared blockchain to the internet.) Mougayar has authored an extensive slideshow on what exactly the impact of blockchain and blockchain companies could be on financial services, complete with advice for banks on how to tackle the tech. He offered to share it with BI — check it out below. Blockchain 2015: Strategic Analysis in Financial Services"At the end of 1999, only 20% of US National banks were offering internet banking, even though it represented 90% of the banking system". "Retrofitting the blockchain will be challenging and may not yield significant results". (On Cryptocurrency Exchanges) "Will a bank purchase an exchange? Or will banks offer a similar service?" "Will the Bloomberg of crypto emerge? "Implementing the blockchain is 80% business / 20% technology (not the other way around)." "Get your own hands dirty, don't outsource the learning." Full slideshow: http://www.businessinsider.com/virtual-capital-ventures-slideshow-on-the-impact-of-blockchain-on-financial-services-2016-1Excellent find Chase! I highly recommend everyone reads through it, though a bit lengthy. What amazes me is how much room there is to grow in the cryptocurrency world. We've said it before, but we are still in the very early stages of what cryptocurrency and blockchain will accomplish and solve for the world. Here are a couple more quotes that struck me. "Will our [software] wallets become our mini banks [in 2016]?" "Will adoption [of hardware wallets] take off?" "Will the killer app for cryptocurrency micro transactions emerge [in 2016]?" "Will we achieve viable market making liquidity [in 2016]?" "Will traditional merchant processors add cryptocurrency to their arsenal [in 2016]?" All very important sectors for cryptocurrency. I know the focus is on bitcoin now, but in these early years that could change very quickly. |
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Great idea! It has a different angle than all the other 2015 recaps done so far and the image with this story is perfect (very eye-catching!).  Glad you like it. Let's hope it draws in some new people to DCEBrief. |
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Coinmarketcap has dumped Cryptsy.
Not reporting trade, hopefully it is just a temporary thing because of Cryptsy being down. |
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This is my favorite article from Evander to date. History has shown that poor regulatory structure and practices can destroy a nation, much less a state, forcing innovators to find freedom elsewhere. Take the advent of the automobile. Britain’s infamous “Red Flag Laws” late in the 19th century forced car owners to have an engineer on board at all times, and a “Flag man” running ahead to warn pedestrians of the impending doom of the combustion engine coming towards them. Such onerous state laws forced the early automobile to Germany and the Unites States, and the British auto industry has never been the same. |
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I'm not seeing the logic here, if any form of payment can be used to fund terrorism and we can't stop them from using the traditional forms of payment, then why create a brand new currency that they have no incentive to use? Unless the ultimate goal is to put fiat on the blockchain and remove all other forms of the fiat currency. |
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I got an email from Allcoin asking me to withdraw all my coins before January 26 as they are being taken over. If I have anything on there, it isn't worth much, but tried to check anyway. My antivirus kept blocking it saying it wasn't a private connection. Just a heads-up.
Doesn't look like they have a security certificate setup. Basically that makes it much easier to see the data transferred over the internet, like your email and password when you login. Proceed with caution. Make sure your password isn't the same as another site, that's a bad practice anyway, but change it on the other site if you do. |
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All, so the idea in progress for the book and accompanying site is this: The book is designed to help small business be successful. Drawing from Alan's schooling and knowledge in business and as a business consultant for hundreds of businesses that needed help.
The book I am writing is dedicated to assist small business owners, including many women small business owners. The vast majority of small business owners and their employees are struggling today in the face of mounting regulations and high cost of doing business. Many small business owners struggle to meet payroll on a regular bases and skip supporting their own retirement savings. Many employees have not see a pay raise in years. We are committed to help in ways we can to foster better employer/employee relationship and improved ways of doing business. We believe that CRISP For Retirement, and CRISP For Employees Incentive Benefits when offered as a package with interactive support by virtual of a dedicated web site will make a difference. We also plan to engage other groups as part of the resources that are beneficial for small business owners. Any suggestions you may have will be very much appreciated.
The book and the site will be utilized in the upcoming business to help fund and grow this business. We will be exploring both publisher options and self publishing options if we cannot make a favorable deal with a publisher. We have also created a model for a marketing plan in the event we do have to self publish to ensure it is a viable option. The site will be a membership site designed to compliment the book, likely with different levels of membership. We intend to keep the cost of membership low in the spirit of helping small business and not becoming a burden, and we plan to over-deliver in terms of value to the customer. The first level of membership will likely include additional content and explore more in depth the concepts within the book via video and articles published on a regular basis. We intend to have articles from Alan directly and approved articles from industry experts. This would also include specific forms, spreadsheets, and materials that would help small businesses, Alan can go into more detail on that than I can. The second level may include access to a forum, where we can help answer peoples business questions, give them advice and guidance, and also use it as an outlet for vetted consultants to help in various aspects of their business. One of the requirements for being a vetted consulted in the forum would be that they spend some time helping answer questions on the forums. So this is the rough idea, I look forward to hearing your comments and suggestions. I like it. It ties crypto/business/economy/money/success and surviving in the future monetary world together in one place. I think this is something currently lacking in our industry. Everyone involved has an idea of how to make their version of crypto or, blockchain (read sequential database here) or whatever part of this new technology they have bought in to work for them but, very few have the vision to pull it all together or, even show how one area effects the others in real world. Again, lets look at "blockchain". How many blockchain projects have been announced in the last year? Hundreds? Certainly there is something under the radar here. Not sinister but fearful. Fear of being left behind. As much as banks and other financial institutions try to "pooh pooh" crypto, behind closed doors they are scared to death but, they need to show the public they are engaged. Large corporations and governments are in the same boat, get involved or, get left behind. All these "blockchain" projects are simply vehicles to get funding to explore the technology using the current "buzz" words that are quickly becoming a part of the Lexicon. A website that could take all this into consideration and perhaps show the way to integration without pain, would be welcome. I feel there are very few places on the Web where professionals can go to discuss the technology and how to best leverage it for their needs. Real world data, working examples, technical input and support, that would be something to get them all in one place. We've decided on the site name and book title. "Calibrate Your Company; The Four Pillars of Business Success" and FourPillarsofBusinessSuccess.com (there is nothing there now). You can see the current cover concept here, you can ignore the graphics for the most part, this is the conceptual phase we will eventually hand off to a designer. So we would love to hear your comments on those. Also, I'm getting ready to get started on the site itself so I can start messing around with the design, logo, and testing the various membership site platforms I've found. If you guys have any suggestions on anything at all, including how the site will look, what to include inside and outside of the member area, or logo please feel free to let me know. I will share as much as I can, but I'm sure it will be a week before I have anything to show. |
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Another excellent write up by Ken, this really caught my attention: "2015 was seemingly filled with pessimistic talk about cryptocurrencies, with special attention paid to better-known digital currencies like Bitcoin. It seemed that nary a week went by without one banking executive, government official, or other personality of note offering a new opinion about how cryptocurrency was doomed to fail. Alex Batlin, Senior Innovation Manager at Zurich-based UBS, recently bucked that trend when he expressed his belief that cryptocurrencies would not only survive but would actually come to dominate the banking industry." [...] To paraphrase a line from Hamlet "The lady doth protest too much, methinks" The louder the critics are, the more scared they are. At some point the public will see the connection and jump on crypto en mass. I wouldn't worry too much about all the noise right now, it will happen soon... Thanks RJF, many of the critics also have something to gain by the digital currency industry taking dive as well, creating a mental road block for seeing the true potential we have here. As the recent article pointed out "The post ultimately concludes that there is a transformation underway that leaves the financial industry with no choice other than to adapt to the changing technologies or be left behind.", I believe we will see a cooperative trend in 2016 where traditional financial services will be open to working with our industry. |
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Another excellent write up by Ken, this really caught my attention: "2015 was seemingly filled with pessimistic talk about cryptocurrencies, with special attention paid to better-known digital currencies like Bitcoin. It seemed that nary a week went by without one banking executive, government official, or other personality of note offering a new opinion about how cryptocurrency was doomed to fail. Alex Batlin, Senior Innovation Manager at Zurich-based UBS, recently bucked that trend when he expressed his belief that cryptocurrencies would not only survive but would actually come to dominate the banking industry." [...] I look at it this way. The technology that will allow anyone to use crypto easily and safely hasn't come out yet, but it will and it's only a matter of time now. Good point Bergman, we are still in the infancy of what digital currency will become as well as tools and ways to utilize it. DNotes will need to get ahead of the curve by focusing on building and growing with the anticipation of what the future will hold and how we can shape it in mind. |
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Another excellent write up by Ken, this really caught my attention: "2015 was seemingly filled with pessimistic talk about cryptocurrencies, with special attention paid to better-known digital currencies like Bitcoin. It seemed that nary a week went by without one banking executive, government official, or other personality of note offering a new opinion about how cryptocurrency was doomed to fail. Alex Batlin, Senior Innovation Manager at Zurich-based UBS, recently bucked that trend when he expressed his belief that cryptocurrencies would not only survive but would actually come to dominate the banking industry." [...] |
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