We know that it will all come to this. Bitcoin Cash has no traction and its just a matter of time before everyone will moved back to bitcoin ecosystem. And yes, it pick up where it left out at around $7500 and now the price is going to $8000. I'm definitely positive that it will test $8000 today or tomorrow and then we will see where its heading. The CME rumor has a great impact on the price plus investors and miners going back to bitcoin really push the price to this level. What could go wrong now?

https://www.forbes.com/sites/laurashin/2017/11/14/squares-cash-app-a-new-place-to-buy-and-sell-bitcoin/#30e3a6934ce3

Some customers of Square's Cash app have gotten a surprise in the past week.

The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin.

Thanks. I sent you PM.

Do it right the first time…
If you have a project and want to issue a token issue a security token.

Get help and do it properly. Work within the rules that offer a framework to get your token purchased by investors that have declared themselves. Get licensed in a jurisdiction that will support your venture, Gibraltar, Jersey, or Isle of Mann to name a few…

Work with ICO platforms that can issue a security because they work with and are integrated with regulated broker firms. Find some that have created token launch assets that work in a regulated market under the guidance of regulators and leading crypto lawyers.  Find platforms that can issue a security, receive cryptocurrency, act as a custodian holding investor monies and are able to move this capital around in the right way.

Founders have an obligation to do it right first time and to ensure investors are protected, including post-ICO services for investor comms and governance. This way they avoid the lawsuits, calls, actions and the ultimate collapse of the project, or where the regulator steps in and demands the money be returned.

After all it isn’t your money, it’s someone else’s.

Can anyone recommend some influencers with a high targeted audience?

Thanks

Some high-profile token issuers are feeling the effects of a vulnerability in an ethereum wallet software revealed this week.

After a developer stumbled upon the bug – "accidentally" deleting a code library for the Parity wallet and freezing more than $152 million-worth of ether – several startups and open-source projects that recently launched initial coin offerings (ICOs) have come forward, stating that theirs are among the 151 addresses impacted by the software failure.

As such, the development has put considerable attention on U.K.-based Parity Technologies, the developer of the software, which also saw $30 million in ether stolen in a July hack.

Further, it comes at a time when ethereum itself is receiving a significant amount of attention for fueling around 10,000 ICO projects, 13 of which have raised over $100 million.

This is great? What's better then mixing weed and bitcoin?

Technology giant IBM has advised the British Columbia (B.C.) government to use blockchain technology to track the entire supply chain of legal marijuana.

As Canada prepares for the legalization of recreational, non-medical cannabis next year, US technology giant IBM has urged the B.C. government to adopt blockchain technology to track the marijuana supply chain, from seed to sale.

UTRUST, the Switzerland-based company that looks to target the 2.5 billion unbanked people globally, has quickly reached its soft cap of $10 million for its ICO, leaving UTRUST on a solid foundation to work from.

The demand continues in footsteps of its pre-ICO, which sold out in 90 minutes, with the $10 million mark reached on the first day of the public ICO, on November 2nd; UTRUST is well on its way to reach the $49 million mark.

Bitcoin developer Jimmy Song has said none of the most common predictions for SegWit2x will in fact come true.

In an analysis Tuesday, Song said that the result of the upcoming Bitcoin hard fork will be more nuanced and that straight cancellation 2x or full surrender by Bitcoin Core were “highly unlikely.”

“Big caveat is that I don’t expect any of these scenarios to come to pass,” he said introducing the current and future landscape.

Warnings surrounding Bitcoin following Nov. 16’s hard fork have tended to center on an all-or-nothing scenario, where the industry selects either the 2x chain or shuns it within a short space of time.

Song says the reality will be more complex, revolving around miner profitability over the next six months.

Can't it be both a legitimate asset and a super-bubble waiting to implode? That's what I think.

(Phys.org)—About the 33rd largest supercomputer in the world right now is the US Air Force Research Laboratory's (AFRL) newest system, which has a core made of 1,760 Sony PlayStation 3 (PS3) consoles. In addition to its large capacity, the so-called "Condor Cluster" is capable of performing 500 trillion floating point operations per second (TFLOPS), making it the fastest interactive computer in the entire US Defense Department.

CME Group’s launch of Bitcoin futures makes it “legit,” the mainstream press reports after the virtual currency hit Wall Street Tuesday.

Describing the impact of the world’s largest exchange owner offering futures trading by the end of 2017, Bloomberg said the “floodgates have been opened.”

“Bitcoin is going legit, for better or worse,” it writes today.

The move is an unexpected one, coming soon after CME said it had no plans to launch Bitcoin integration last month.

Client hunger to get in on the craze, the corporation said, was a key factor in reconsidering its approach.

Even Ethereum’s co-founder has admitted it’s hard to know what interaction the world’s tech giants are planning with cryptocurrency.

Speaking at the launch of Quartz’s What Happens Next film series last week, developer and ConsenSys co-founder Joseph Lubin said that out of Amazon, Google and Apple, no sure signs were present of a major relationship with the technology.

“Apple seems to be largely uncaring and unaware. Google is making investments, but it’s not clear that they have lot of activity going on,” he said. “Amazon, we’ve not seen that much, so we’ll see.”

In the first episode of "the bit," FundStrat Global Advisor co-founder Tom Lee explains different methodologies for valuing bitcoin. Lee shares his short-term and long-term bitcoin price targets based on these valuation methods. Following is a transcript of the video.

Tom Lee: I'm here with Sara to talk about why we believe bitcoin could reach $25,000 in 5 years.

Sara Silverstein: So you actually have a few research notes about this.

Lee: Yes.

Silverstein: And you’re — can you talk about your short-term model first. Where do you see bitcoin going and what valuation method are you using?

Lee: Yeah, in the short-term we think bitcoin has really followed very closely the idea of acting like a social network. Meaning the more engagement there is, the greater the value rises. And in the short-term, we think bitcoin will reach at least $6,000 by mid-2018.

Silverstein: And you’re using Metcalfe’s Law, can you explain that?

Lee: Yeah, so Metcalfe’s a professor. He actually came up with a theorem based on George Gilder, which is the value of a network is the square of the number of users. And so if you build a very simple model valuing bitcoin as the square function number of users times the average transaction value. 94% of the bitcoin moved over the past four years is explained by that equation.

Silverstein: Wow. Just to use an example, so this explains the network effect. Like one fax machine is worthless because there's nobody you can fax. But once all of your friends have fax machines, it becomes very valuable. So has this been effective in valuing things, in the past, that have a strong network but weren't producing any money?

Lee: Yeah, so three use cases — or businesses — where Metcalfe’s Law really explain the growth of the market value, is Facebook, Alibaba, and Google. And these are all examples where the number of users — like if you double the number of users, you're more than doubling the utility value. It's a little bit like the commercial in the 70s, you know, Prell. When you tell your friends, and they tell their friends, and so on.

Silverstein: And so your long-term valuation model — you’re looking at it — bitcoin, as a substitute for gold, as an alternative currency?

Lee: Yes, that’s right, and it's really — what we were trying to do is recognize that the creation of value in the future is in the digital world. I mean, all future great business are going to be digital. And with that concept, bitcoin represents a store of value because it's an encrypted — personal encrypted database, that for seven years hasn't been hacked. I mean, that is a way to store value. And if personal information is our gold, bitcoin is our digital gold. So we think that the gold market, which is 9 trillion, and for a generation of investors gold was their store of value. I think this next generation of young people view bitcoin as their store of value. And if it captures 5% of the gold market, it's worth at least $25,000 per unit.

Silverstein: And that’s the big number, that your — the $25,000 per unit hinges on the 5% of the money going into gold, going into bitcoin. So how do you come up with the 5%?

Lee: We explain this in our research. It's a very —  it's actually the most conservative collection of elements to get to the 5%. Because number one, we assume that gold only appreciates essentially a nominal GDP. So there's no inflation. And we assume that money supply grows at slower rates than it has historically. And then the 5% number, really reflects the assumption that investors will allocate in their blended portfolio only 5% to alternative currencies. Today, that allocation is much greater, it's closer to 10% or 15% in some portfolios. So, but at a 5% allocation that would value bitcoin at $25,000. You could easily get to $100,000, $200,000 numbers.