Over the last couple of weeks, Bitcoin price significantly dropped, losing 70% of its value since September 2017. This bloody bear market seems to be the most severe in a long period of digital currency history. Luckily, the crypto market has started to recover step by step, with Google search trends for Bitcoin rising accordingly.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/google-searches-for-bitcoin-rise-again/

The people of Manila, Philippines’ capital city, will be paid Ethereum (ETH) for tidying a highly polluted beach in the region. The payment is enabled via a decentralized application (dApp) called Bounties Network — on the ETH Blockchain, that also works as a freelance platform for the accomplishment of different key tasks.

Bounties Network allows everyone on the platform to make a bounty and reward all participants involved in cleaning using Ethereum. If the similar project was to be done and participants paid using fiat currency, it would be almost impossible to be accomplished.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/philippines-manila-inhabitants-awarded-ethereum/

The Bitcoin (BTC) price rallied 11% on Thursday, November 29, to over $4,250, setting it on course for its largest daily increase since mid-April 2018, as it forced itself out of the recent breakdown. The global’s largest and popular crypto hit a daily high of $4,296. Other major cryptos also surged. BTC has lost over 1/3 of its value in the past 15 days amidst high selling affliction.

However, on Friday, November 30, as of press time, the price has fallen back to $4 026.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-sees-brightest-day-since-april/

The crypto market is facing a reprieve from the drastically bearish conditions seen over the weekend and the beginning of this week. The market bull — Bitcoin (BTC) has increased from this year’s low of nearly $3,500 (on the weekend) to nearly $4,300 at (+14.35%) on Thursday, November 29.

Dogecoin has also surged, although it found a resistance at $0.0022. This has been a major level for Dogecoin. This appeared to be a very strong support level during the month of June to August of 2018 and price traded before prior to a surge in September that saw Doge rise to around $0.007.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/dogecoin-recovers-amidst-bear-market/

Interview with George Gor, CEO of “CoinIdol” and a Former Chief Editor of “Cointelegraph”: “We are creating a real-world brand”

Today, it is difficult to imagine the crypto industry without vivid information resources, such as “Cointelegraph” and “CoinIdol”. But after all, people are not born stars, they become stars. This is what we will talk about with George Gor, a man who has worked hard to make these two resources outstanding.

Hello, George. Tell us, please, how did your professional career in Blockchain begin, and how did you start working with “Cointelegraph”?

I’m NOT a co-founder of CoinTelegraph, but I’m a co-creator of the business model from its first days. But there is a rule to keep commercial secrets of the company that you’ve worked with. That’s exactly the situation with CoinTelegraph. I have an NDA with the owners of CoinTelegraph. All details that I could disclose are given in this article at Coinidol.

Since I quit the team of CoinTelegraph in spring 2016, our team has started Coinidol.com with an improved business model than our previous project.

We are getting more business results with less resources involved. Moreover, we are creating a real-world brand with a cartoon hero behind it.

The idea of the website is a hero, a knight that is a friend of highlander, who lives for hundreds or maybe thousands of years. He has an eternal mission, which is very good and bright, but almost impossible. He wants to find the best ever money, based on the principles of goodness, fairness, and equality. He wants to find the best ever coin in the universe. He wants to find the coin that is ideal for all people. The one that can be respected and admired very much.

This knight is known as CoinIdol, because of that goal. This knight is the witness of other people on the field of events around cutting-edge financial technologies. He founded that media together with our team. His will is the real origin of this project.

We will develop this project of the Coinidol Video News Channel.

You have mentioned in your story that you are conducting training for employees worldwide. How important is the team for a large-scale resource and what should it look like in an ideal scenario?

People are the most important part of the business. You can not conquer new markets if you don’t have a strong army of well-prepared staff. Even if you have the coolest armor in the world, you can still lose the battle if you don’t have the best warriors behind you. I prefer to build the business on the principles of “Sparta”, where a small number of well-trained people can do big deals. That’s why training every person is the key to success. I prefer to teach people from zero than to hire people that were prepared for the profession by somebody else. Some of the people that were taught by me as team members at CoinTelegraph are top managers in the world of Blockchain projects at the moment. It’s a pleasure for me to know that. But I will not give their names without their permission.

From the perspective of your experience, how long is the period of growth and development of the media? In other words, when creating a resource from scratch, how many years will it take, in your opinion, for it to reach the peak of its development?

It’s sad to say, but a news outlet can die at any moment. There is no guarantee that the resource will grow. Everything depends on the team of top managers, if they have the vision of monetisation for the project or they don’t. If you are doing any mass media business one year and you do not have revenue, you’d better quit the market. That’s the rule. Only 1 in 10 new projects survive.

With the increasing popularity of cryptocurrency, the number of crypto media outlets has increased dramatically. What can you say about this?

There are a lot of projects that appeared after the start of Coinidol.com in June 2016 and they are already dead or half dead today in November 2018.

Most of the newly appearing crypto media outlets are just temporary guests in the market. When we started Coinidol.com we had zero readers and now we have ⅓ million monthly pageviews. Our audience is gradually growing. We will do our best to have 10 million per month by 2020. Our secret is a stable business model invulnerable to market fluctuations. Right now the market is falling. That’s the reason we receive a lot of job applications from people, who were fired from just closed blockchain news outlets and blogs. Mass media is a tough job to be in. You have to be very experienced to sail in that sea. I’ve spent 20 years in the profession of top-manager, mass-media, advertising and public relations. But it’s still a struggle for me to do every new project.

What projects besides “CoinIdol” are you working on now? In which areas, other than cryptocurrency, will we hear about the success of George Gor?

We will develop the brand of Coinidol. We will start an Italian version of Coinidol in December 2018 with a web address: it.coinidol.com.

There are other projects for our team, but we have NDAs with our partners, that’s why I can not discuss them. Our job is to help the biggest international decentralized teams promote the Blockchain and CryptoCoins industry.

We have gathered a huge audience in 174 countries around the world and we will increase the number of our readers with new languages which we will add to Coinidol next year.

Link: https://thecoinshark.net/interview-with-george-gor-we-are-creating-a-real-world-brand/

Nasdaq Inc. is progressing with a plan of listing Bitcoin (BTC) futures, according to two people acquainted with the matter, betting on continuous interest despite crypto’s dramatic fall over the past 12 months.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/nasdaq-to-roll-out-bitcoin-futures/

The Bulgarian Prosecutor’s Office issued a statement on November 26, 2018, disclosing that the local police detained 3 men suspected of crypto theft.

The 3 men successfully stole nearly $5 million worth of crypto, according to the prosecutor in charge, stated areport by 24Chasa, a Bulgarian newspaper.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bulgarian-local-police-arrested-3-men/

Bidooh — The World’s First Blockchain-based Facial Recognition Billboard

Bidooh is the world’s first billboard facial recognition board.

Bidooh offers a revolutionary way to promote advertising using own self-service platform, through which advertisers gain access to a network of digital screens, which makes marketing available to any user. Advertisers can simply download the app or visit the Bidooh portal, create their own ad, choose a placement on the map, set their budget and post an ad.

The advantage of the project is smart devices that will recognize the categories of users and show them relevant ads. Bidooh platform will also collect advertising statistics, and will allow much more accurate assessment of its performance parameters. All data will be recorded in the blockchain, where nobody can juggle them. Due to this, advertisers will be confident in the reliability of statistics, and will be able to change the placement or nature of the ad, based on the collected data.

Read more: https://medium.com/@Vladar49/bidooh-the-worlds-first-blockchain-based-facial-recognition-billboard-d43c9420d741

What will 2019 be Like for Bitcoin? Great Growth or Further Recession?

This year was not the best for crypto traders, let’s hope 2019 will open new opportunities for Bitcoin. Experts predict Bitcoin will largely increase in value by the end of next year. However, one must always be aware of certain risks related to fintech.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/what-will-2019-be-like-for-bitcoin/

The ‘Buckeye State’ is ready to be the first State in the country to accept crypto, specifically Bitcoin (BTC), for payment of tax bills, according to The Wall Street Journal report on November 26. This comes after BTC and other major cryptos have depreciated value over the past week. On Monday, November 26, 2018, BTC was trading below $4,000, down over 80% since the December 2017 all-time-high of around $20,000.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ohio-ready-to-accept-bitcoin-for-tax-bills/

InnovaMinex Comes to ICO: Why? How? When?

InnovaMinex has an innovative business model that uses blockchain technology to ensure the traceability of precious metals. Users of the InnovaMinex platform will be able to trace the entire business process, from when the precious metals leave the mines to commercialization. You can buy gold and other precious metal products at the InnovaMinex stores (e-commerce and ATM’s), as well as, in participant stores. Buyers will be able to verify the origin of the precious metals they acquire, that will allow them to be confident in their legality.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/innovaminex-comes-to-ico-why-how-when/

The Entire Crypto Market Sinks But Bitcoin Cash SV Seems to be Gaining Power

Starting on 14 November, the price of Bitcoin, and in fact all altcoins, has been decreasing. The downward trend is as unexpected as the rise in the value of the recently forked coin, Bitcoin Cash SV. It is trading at $121 per coin now.

To support the brand new virtual coin, CoinGeek has recently partnered with nChain, the blockchain-based research company, on a fintech project called Teranode. They pursue a goal of bringing 1 Terabyte blocks to the SV chain. As a result, the network will have a throughput of seven million transactions per second. If the project succeeds, it will become a game-changer, altering the situation on the crypto market completely.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/entire-crypto-market-sinks/

With the Bear market facing the crypto industry, several investors are asking themselves the crucial question of whether Ripple (XRP) is a security or not. The magnitude of the bear market could even increase more and more if SEC makes a decision on whether or not the second largest digital currency is regarded a security.

Currently, Ripple is trading at $0.356, Bitcoin (BTC) is at $3809, while Ethereum (ETH) $109. The market cap is standing at $128 billion.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-enthusiasts-unsure-if-xrp-is-security/

The whole of last week wasn’t good for the crypto industry globally, and now a sparkle of optimism has come from Thailand, a country in southeastern Asia. Of recent, the country set rules and regulations to make the industry flourish. Most Thailand (Thai) citizens have not been familiar with digital currencies despite being a great player in the crypto sector, to the extent of calling in foreign firms and investments. Thai’s cryptocurrency trade volume is by far higher than larger economies such as Argentina and Turkey.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/thailand-shows-crypto-can-win-adoption/

Bitcoin use for commercial payments has largely dropped in 2018, according to a study conducted by Chainalysis as cited by Reuters.

To conduct this study, Chainalysis purportedly prospected 17 Bitcoin (BTC) payment processors. The total amount of BTC managed by significant payment processors purportedly fell by around 80% since 2018 started, to September.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/making-payments-using-bitcoin/

French tobacco shops, places where customers go to purchase cigarettes and lottery tickets, will begin providing Bitcoins to clients from early 2019 through a deal with Keplerk, a giant French fintech firm.

Keplerk revealed that is has agreed a contract with a native cash register software provider to offer tobacco shops the chance to trade Bitcoin (BTC), the flagship crypto of the world, to their clients, according to LeParisien, a local news outlet.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/french-tobacco-shops-to-start-selling-bitcoin/

Intercontinental Exchange’s (ICE’s) Bitcoin (BTC) futures trading platform has suspended its formal roll out.

Announced on Tuesday, November 20, through a company blog post, Bakkt’s first product, revealed in August 2018, has now been suspended until Thursday January 24, 2019. Warehouse and trading activities are both believed to start on that very date.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ices-bakkt-suspends-bitcoin-futures-roll-out/

Forecast Services Review

It is logical that artificial intelligence is used in the financial area and on Stock Exchanges. In particular, it is used on Cryptocurrency Exchanges, which is one of the newest stock market reincarnations. It has much in common with artificial intelligence. For instance, a total absence of materiality and difficulty in predicting future developments. If nobody cares about the first point, then the second one has become a key issue for the world’s best scientists. Nobody has achieved a 100% forecast accuracy guarantee, but the market leaders claim that their forecasts accuracy is more than 75%.

In this article we are going to tell you about the six most significant public cryptocurrency market analysis and forecast projects: https://coinidol.com/forecast-services-review/

It is logical that artificial intelligence is used in the financial area and on Stock Exchanges. In particular, it is used on Cryptocurrency Exchanges, which is one of the newest stock market reincarnations. It has much in common with artificial intelligence. For instance, a total absence of materiality and difficulty in predicting future developments. If nobody cares about the first point, then the second one has become a key issue for the world’s best scientists. Nobody has achieved a 100% forecast accuracy guarantee, but the market leaders claim that their forecasts accuracy is more than 75%.

In this article we are going to tell you about the six most significant public cryptocurrency market analysis and forecast projects: https://coinidol.com/forecast-services-review/

Tom Lee, the co-founder of Fundstrat, now goes by his reduced 2018-end Bitcoin (BTC) price malnourished target of $15,000, revealing that the rapid fallout from a market collapse in technology stocks is putting a lot of pressure on virtual currencies.

Tom’s new forecast is a dramatic fall from the weighty target price of $25,000 he had earlier set this year when the digital currency market appeared ready for a significant boom.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/tom-lee-lowers-his-new-bitcoin-price-target/