The Central Bank of Samoa has issued a warning against digital currency, including bitcoin, as part of a larger effort to crack down on get rich quick schemes.


The Central Bank of Samoa (CBS) has issued a warning against get rich quick schemes and digital currency such as bitcoin. This is the first time the bank has spoken against digital currency investments.

“It has been brought to our attention that a lot of get rich quick schemes and digital currency investment opportunities are being spread around the country through presentations and through social media,” the bank wrote, citing Facebook as the prime example of a social media venue. The CBS announced this week:

        
Read more - https://news.bitcoin.com/central-bank-of-samoa-issues-warning-digital-currency/

Since the Japanese government started recognizing bitcoin, an increasing number of merchants in the country have adopted it as a payment option. Among them are a couple of Japan’s iconic and popular capsule hotels.


Capsule hotels, sometimes called pod hotels, are found all over Japan. “They’re unlike any other accommodation: Individual pods, sometimes dozens to a room, each a self-contained mini-hotel room, with a bed, lights, and sometimes even a TV,” Forbes contributor Geoffrey Morrison described.

Popular Japanese Capsule Hotels That Embrace BitcoinThe Japanese bitcoin exchange Coincheck provides two capsule hotels with merchant payment solutions. The luxury capsule hotel Anshin Oyado started accepting bitcoin in March, while the Comics & Capsule Hotel Comicap began accepting it as of this Friday.

In an earlier interview, he said that Coincheck “holds 99% of the bitcoin payment market share.” The company charges 1% fee per transaction on bitcoin payments, which is only “1/3 to 1/5 of the credit card transaction fee,” its website details. Payments are converted to yen and deposited in merchants accounts immediately.

Read more - https://news.bitcoin.com/japanese-capsule-hotels-bitcoin/

Our annoying is pretty fair for now i think. We have done our part of job and expect the same attitude from dev. We appreciate that they fix some problems and give satisfaction to investors in first, but it does not interfere set bounty distribution date or at lest talk to us.

Today? Dude, in some bounty campaigns managers do not get in touch about bounty for weeks. Besides it was written that bounty will be distributed at the end of the day, and the day is not over yet.

Jesus Christ, i would not want to be on these 23 y.o guys place. 3 wild black woman`s raped him for 72 hours, holding him on energy drinks. It`s a Pulp Fiction movie.

Tesla e-cars are more reliable in general than cars with internal combustion engine. When something happens with electric car, it is always rises a wave of noise in press, because it is a new technology and meets huge resistance in the eyes of other competitive automakers.

When hospitals administrations will really decide to use blockchain system for recording pacient`s information, PTOY price will rise in x20-30 - n  times. Huge money are in western healthcare. And if i`m not wrong it`s only blockchain project now on this topic.

Price on liqui seems very interesting now to buy ptoy tokens. The token has fallen in price by almost a factor of 2. Ptoy may fall more after bounty reward, than it would be perfect time to buy it.

At last audit have finished and the final payment date strictly determined. I will not sell my tokens in this year. This is a solid project with bright investment future.

Guys, Devs, with all due respect, but what  is going on  . From what sources you got those numbers June 17, please? I am starting to worry about bounty reward payment.

Etherium looks more and more interesting for me than bitcoin. With all respect to BTC it is difficult to utilize this token practically. ETh in its turn have broad support of related young and useful projects. If i would have free money now: 50/50 investment.

People really want to keep what they have in bitcoin untouched for a long long time. But new ico`s that take place looks very interesting, they accept investment in eth quite frequently. This forces to sell bitcoin for the possibility to earn more.

One of my family members began became interested by bitcoin few years ago. Seeing his success in this new area i also started to read about cryptocurrencies, look for interesting investment projects, delve into the subject.

You should write pm to dev  https://bitcointalk.org/index.php?action=profile;u=968666 with ask to change your rank.

If i shall not add custom ETT token to myetherwallet, what will happens with ETT tokens directed to my MEW after bounty distribution? They will be lost or just temporarily not available?

Bitcoin Price Key Highlights

1. Bitcoin price seems to be trending lower on its short-term time frames, creating a new descending channel visible on 2. Price is currently testing the channel resistance around the $2750 level and could be due for a drop to support.
3. Bitcoin is still moving above a rising trend line on the longer-term charts but appears to be having trouble sustaining its bounce.

Bitcoin price could be starting a new downtrend as bears wrestle to regain control and push for a break below an area of interest.

Technical Indicators Signals

The 100 SMA is below the longer-term 200 SMA on this time frame so the path of least resistance is to the downside. Also, the 100 SMA lines up with the channel resistance, adding to its strength as a ceiling. A quick pop higher could still find resistance at the 200 SMA dynamic inflection point at $2800.

Stochastic is on the move up to show that there’s still some bullish pressure left but the oscillator is nearing the overbought zone to reflect rally exhaustion. If buyers book profits around these levels, a dip back to the channel support at $2550 could be underway.

RSI is treading sideways to suggest that further consolidation could be underway. As highlighted in previous articles, bitcoin price is sitting right on an area of interest at a rising trend line and former resistance zone.

Full article available here:

http://www.newsbtc.com/2017/06/09/bitcoin-price-technical-analysis-06092017-new-trend-channel-forming/

Mobile Bitcoin applications are a great way to keep tabs on the current price. Although there are multiple free applications available, some are paid. One of those paid apps is quite popular among iOS users. It is quite nifty to see a paid Bitcoin price ticker app dominate the paid finance apps in the Apple App Store. Things are slowly starting to change in favor of Bitcoin.

It has to be said, a lot of people want to keep an eye on the current Bitcoin price. Given the recent value appreciation, that is not entirely unexpected. A lot of enthusiasts use IOS devices for their everyday tasks. As a result, there are quite a few apps in the Apple Store related to Bitcoin and cryptocurrency. One such app is called Crypto Pro: Bitcoin Ticker, Widget & Complication. On paper, it doesn’t sound like an app most people would pay US$4.99 for.

Paid Bitcoin App Dominates Apple Finance App Charts

However, it appears a lot of people have taken a liking to this app. It can track multiple cryptocurrencies, including Litecoin, XRP, Monero, and Ethereum. All of the information is presented in the form of detailed interactive graphs. It is a beautiful application which allows for full customization. Considering how it tracks the top 100 cryptocurrencies, there are plenty of reasons to like this iOS app. Plus, it is compatible with the Apple Watch as well.

For some unknown reason, this app made it to the top finance apps in the Apple Store. That is quite surprising, even though it offers quite a few interesting tools. Then again, its price point is a bit steep for a lot of people only exploring cryptocurrencies right now. One would expect more traditional apps to dominate the charts. Especially those apps costing around US$2 and less. Interestingly enough, Crypto Pro is topping the charts right now. Quite a spectacular turn of events, to say the least.

This is all especially interesting given the history Apple has with Bitcoin apps. A lot of apps weren’t even allowed in the Apple Store until about two and a half years ago. Ever since, the company had to deal with multiple fake Bitcoin wallets being submitted. Some of these wallets even got through, which made things more complicated. However, it appears the tides are slowly turning in favor of Bitcoin as of late. Seeing a paid price ticker top the paid finance apps on iOS is a significant development.

Source: http://www.newsbtc.com/2017/06/09/bitcoin-price-ticker-top-paid-finance-app-apple-store/

US telecommunications giant AT&T has been awarded a patent for a bitcoin-powered ‘decentralized and distributed home subscriber server’ device.

According to records from the US Patent and Trademark Office (USPTO), AT&T filed its first patent application over two years ago on April 6, 2015, before ultimately being awarded the patent on May 30th.

A ‘home subscriber server’ is the master database that enables the delivery of IP media services on a network for a home user. Details from the patent reveal AT&T’s plan for a decentralized home subscriber system in a peer to peer network of base station devices sharing a database on a blockchain. In the event of a node outage or a cyberattack faced by a node, the distributed home server system would not be affected.

Notably, AT&T is looking at building such an application over the Bitcoin blockchain, rather than opting to choose a private blockchain which is increasingly becoming a common trend among companies adopting the innovative decentralized technology.

“[T] the disclosed decentralized and distributed secure home subscriber server system can leverage the Bitcoin blockchain; the distributed database in the bitcoin infrastructure. Moreover, in accordance with additional and/alternative embodiments, the decentralized and distributed secure home subscriber server system can employ a peer-to-peer network of nodes involved in the decentralized and distributed secure home subscriber server system to operate their own internal distributed block chain,” read an excerpt from the patent filing.

The filing reveals AT&T’s understanding of the robustness of the public Bitcoin blockchain, furthering underlining its aversion to using its own implementation of a blockchain.

The patent application explained:

   
Few other details are known and the patent represents one of the earliest publicly-known efforts of AT&T foraying to explore the use of blockchain technology.

https://www.cryptocoinsnews.com/att-gains-patent-bitcoin-based-subscriber-server/

The US Libertarian Party sharply criticized the sentencing of a bitcoin trader on an unlawful money transmission charge this week.

In a statement, Nicholas Sarwark, who serves as chairman of the Libertarian National Committee, blasted the government's case against Randall Lord, who, along with his son Michael, was sentenced to a prison term late last month following an investigation into their alleged exchange activities.

As CoinDesk reported on 30th May, Randall and Michael Lord were sentenced to prison terms of 46 and 106 months, respectively. Both were charged with running an unlawful money transmission, while Michael Lord was also charged with conspiracy to distribute narcotics.

Sawark said the Libertarian Party "vigorously condemns" the case against Randall Lord, who previously ran as a Libertarian for a House of Representatives seat in Louisiana during elections in 2012 and 2014.

He argued:


Sawark, in his statement, later took aim at the broader political system.

"The problem is overspending by federal politicians, their manipulation and regulation of currencies, and grandstanding prosecutors who get rewarded for convicting people rather than for achieving justice," he said.

He called for the sentencing to be overturned, asking supporters to “add your voice to ours in demanding freedom for Randall Lord”.

Lord's sentencing was a recent example of a trend of cases against bitcoin traders in the US. Similar cases have been pursued against traders in Michigan, New York and Arizona, among other states.

http://www.coindesk.com/libertarian-party-blasts-government-case-bitcoin-trader/

Two members of the US Army National Guard have been convicted of running a credit card fraud scheme involving bitcoin.

According to the US Attorney’s Office in the District of Maryland, the two individuals, James Stewart and Vincent Grant, were indicted for using bitcoins to purchase stolen credit and debit card numbers of individuals and businesses from foreign websites. The two were first prosecuted last year, as previously reported by CoinDesk.

The defendants were accused of using magnetic strip re-encoding tools to apply stolen numbers to dummy cards, after which they would buy merchandise from Army and Air Force Exchange Service stores at US military bases, as well as other locations in Maryland and elsewhere.

The federal jury found Stewart guilty on charges of wire fraud, conspiracy to commit wire fraud and aggravated identity theft. Grant was also convicted for conspiracy to commit access device fraud and aggravated identity theft.

A total of five Army National Guard members were arrested and charged.

Of the other three in the case, Derrick Shelton and Quentin Stewart previously pleaded guilty for committing wire fraud and aggravated identity theft, while Jamal Moody pleaded guilty to conspiracy to commit access device fraud and aggravated identity theft.

Shelton and James and Quentin Stewart face a maximum sentence of 20 years in prison, while Grant and Moody are subject to a maximum seven-and-half year sentence. A mandatory minimum of two years in prison for aggravated identity theft, on top of any other sentence, also apply to all five involved.

http://www.coindesk.com/us-army-guardsmen-convicted-bitcoin-credit-card-fraud/