Bitcoin Forum
September 29, 2024, 08:22:07 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 »
1  Bitcoin / Bitcoin Discussion / Re: It's 1994 In Cryptocurrency on: November 27, 2017, 06:45:51 PM
Visual cryptography is a cryptographic technique which allows visual information (pictures, text, etc.) to be encrypted in such a way that decryption becomes a mechanical operation that does not require a computer
2  Bitcoin / Bitcoin Discussion / Re: Tech troubles knock stocks, bitcoin eyes $10000 on: November 27, 2017, 02:39:10 PM
"The Coinbase data is evidence that adoption is not slowing down," Milne told Reuters. "Breaking $10,000 seems inevitable following the recent price action."
3  Bitcoin / Bitcoin Discussion / Re: What Will happen if all bitcoin already mined ? on: November 26, 2017, 11:43:54 AM
by 2040 most probably all bitcoins will be mined then the price will be around 100000 dollars, after  all bitcoins mine next altcoin ether will touch to 10 thousand dollars price
4  Other / Off-topic / Re: Bitcoin community is rising. on: November 25, 2017, 04:11:25 PM
Bitcoin Community keeps growing as the price increase more and more new members enter into market the main reason for price stability at higher levels new members are increasing due to price increase
5  Bitcoin / Bitcoin Discussion / Re: why some country banned bitcoin? on: November 25, 2017, 12:07:46 PM
Recently MONACO country banned Bitcoin and Venezuela and Bangladesh and Nepal  are in banned list of Bitcoin and Cryptocurrencies even minning and trading and exchange are also banned in these country
6  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][ICO] 🚀 Adbank 🤖: The New World Currency of Online Advertising on: November 23, 2017, 07:23:09 AM
Successfully joined AdBank Signature Campaign
7  Bitcoin / Bitcoin Discussion / 67% of Bitcoin Holders Haven’t Sold It, 10% Want to Hold for 10 Years - Survey on: November 22, 2017, 05:48:40 PM
A survey recently completed by LendEDU—an online provider of student loan services—provides a wealth of information about the sentiment of the average person that has invested in Bitcoin. Out of the 564 American investors into Bitcoin that responded to the survey, 67% of them have not sold their investments at all.

Perhaps the most logical explanation for this phenomenon is that they’re holding onto their investment until they see the price of Bitcoin rise to such a level that they are satisfied with the return they would have on it. Things get clearer as we go over the survey’s data: If we can assume that this large number didn’t come out of the fact that a majority of the respondents were just throwing random numbers, then this means that Americans who invest in Bitcoin tend to be very optimistic about it.

Interestingly enough, more than 80 percent of these proud Bitcoin holders plan to continue holding onto their investment over a year from now. Over 10 percent have said that they would like to hold on for another ten years, suggesting that they are highly optimistic about Bitcoin’s long-term viability.

Last month, LendEDU also asked a thousand Americans about their awareness of ICOs, Ethereum, Ripple, and Bitcoin. After Bitcoin blew the $8,000 mark out of the water this week, it seems as if its popularity will continue to grow among younger investors and people who wish to possess a currency that—for the time being—grows continuously.

https://cryptovest.com/news/67-of-bitcoin-holders-havent-sold-it-10-want-to-hold-for-10-years-shows-survey/
8  Bitcoin / Bitcoin Discussion / Wealth Managers Being Bombarded With Investor Requests to Buy Bitcoin on: November 22, 2017, 10:44:39 AM
Wealth managers around the world are being bombarded by Bitcoin requests, according to a new report by Bloomberg. The spectacular rise in value of the cryptocurrency has caused a run on the investment, with a huge number of investors seeking positions in the new asset class.

Mainstream adoption for Bitcoin, which until this year was still widely considered a black market currency, has grown at remarkable rates. The explosive price increases have led to new vehicles for investment such as Bitcoin futures on the Chicago Mercantile Exchange (CME) and others.
General consensus

While most wealth managers are uncomfortable with the risk associated with a new technologically backed asset class, the bulk are willing to allow clients to enter the Bitcoin market. However, the vast majority of wealth managers suggest removing initial investment as quickly as possible and only leaving gains in the market.

According to Kevin Grimes, president of Grimes and Co., it’s best to sell enough of your position to get your original investment out, but he’s still very strongly advising holding some position in the cryptocurrency. He says:

    "Laughing off Bitcoin could wind up being a big mistake. Bitcoin could go to zero and be a scam, and it could go up to numbers no one has conceived of yet.”

Regardless, the reality that Bitcoin is moving into the mainstream in itself validates the potential for substantial price increases, according to others.

https://cointelegraph.com/news/wealth-managers-being-bombarded-with-investor-requests-to-buy-bitcoin
9  Bitcoin / Bitcoin Discussion / 30 Percent of CFOs Still Call Bitcoin a Bubble: CNBC Survey on: November 21, 2017, 12:10:51 PM
While the general talk of Bitcoin being in a bubble seems to be deflating among those who are in the market, there is still a strong feeling that it could pop with the institutionalized CFOs of a number of key companies. Of those that did almost 30 percent of them said they believed that Bitcoin is ‘real’ but in a bubble.

In the survey, 14 percent of the CFOs stated they believe Bitcoin is "real and still going higher.". When it comes to institutionalized money, as well as companies who operate in the traditional money market, there is still a great divide on the opinion of Bitcoin.

Recent hurdles, such as the canceling of SegWit2x and Bitcoin Cash’s rally, have not slowed down Bitcoin’s rise and even on the altcoin space, huge steps are being made into traditional companies. In fact, Ripple recently partnered with the likes of AMEX and Santander, which saw that digital currency's value rise almost 25 percent.

"If a hypothetical customer comes to us and says, 'I have a bunch of Bitcoins to buy your products,' first thing I'll probably want to do is not turn them away but probably find a way to sell those Bitcoins before I commit to the order and then really make sure we meet the needs of that customer.". From Overstock.com, whose CEO, Patrick Byrne has said: “The disparity between virtually no merchant acceptance and Bitcoin’s rapid appreciation is striking," to Mastercard CEO, Ajay Banga, who calls it ‘junk,’ the opinions vary.

https://cointelegraph.com/news/30-percent-of-cfos-still-call-bitcoin-a-bubble-cnbc-survey
10  Alternate cryptocurrencies / Altcoin Discussion / NEO Price Up 6700% in six months…this crypto is on the move Australia on: November 21, 2017, 06:00:28 AM
Huge, even by crypto standards Over the weekend we saw more bullish moves with a sharp rise from US$28 to a high of US$41.77. The news was that NEO was to be the network of choice for a new project called the Ontology Network.

Like Ethereum, NEO is setting itself up as a base layer crypto. NEO price could go higher A crypto underneath a whole eco-system of innovation in smart contracts.

The world of cryptocurrencies is growing by the day. You can learn more about this exciting new technology here.

Good Investing, Ryan Dinse, Editor, Money Morning   Ryan DinseRyan Dinse is an editor at Money Morning. With an academic background in economics, he believes that the key to making good investments is investing appropriately at each stage of the economic posts by Ryan Dinse

https://www.moneymorning.com.au/20171121/neo-price-6700-six-monthsthis-crypto-move.html
11  Bitcoin / Bitcoin Discussion / CME Group Finally Launches Bitcoin Derivatives Early December, Price Hits $8,250 on: November 20, 2017, 06:17:32 PM
CME Group Inc (CME.O), the world’s largest derivatives exchange operator, has confirmed that it will launch a futures contract for Bitcoin effective December 10, marking a major step in the path to legitimate the cryptocurrency and helping to propel it to fresh record highs.


Bitcoin rose to a record high above $8,240 on Monday, according to data from CoinDesk, after the announcement by the world’s largest futures exchange.

“Effective Sunday 10 December 2017 for trade date Monday 11 December 2017, and pending all relevant regulatory review periods, please be advised that CME will launch Bitcoin Futures,” explains CME Group’s most recent update.

The new contract will be settled in cash, based on the CME CF Bitcoin Reference Rate (BRR), a once-a-day reference rate of the US dollar price of Bitcoin. Bitcoin futures will be listed on the CME as monthly contracts for the nearest 2 months in the March quarterly cycle (Mar, Jun, Sep, Dec) plus the nearest 2 serial months not in the March quarterly cycle.



CME Group announced in late October that it intends to roll out a Bitcoin futures contract in Q4 2017, pending necessary regulatory review periods.

CME’s action not only sparked a big rally in the cryptocurrency, with Bitcoin climbing from $6,000 the day before the announcement to more than $7,900 last week, but it has also generated a lot of buzz in the institutional investment community.

The independent, transparent Bitcoin benchmark that the world’s largest exchange owner may offer will certainly further professionalize the digital asset class and finally bring it some regulatory cover. It also makes cryptocurrency trading a lot more palatable for the institutional players, as the new instrument will allow them to hedge for Bitcoin volatility and avoid some of the hassles of investing in Bitcoin directly.


https://www.financemagnates.com/cryptocurrency/news/cme-group-finally-launches-bitcoin-derivatives-early-december-price-hits-8260/
12  Bitcoin / Bitcoin Discussion / You Think an $8000 Bitcoin Price Is Cool? Wait Until We Hit $12000 in January on: November 20, 2017, 10:27:39 AM
The bitcoin price has broken $8,000 USD – yet another milestone. Now, the price could rise as high as $9,000 before the last round of profit taking occurs ahead of the big rally to $12,000 in early 2018.

Prices left behind a major Elliot Wave movement to arrive at the Gann´s Angle Theory trigger zone, which could launch a rally towards $9,000. Those actions contribute to the likelihood of an imminent rally to a higher bitcoin price.

In addition to having bullish mathematical indicators, the bitcoin price in the mid-term depends heavily on fundamental data. Short-term quotes crossed the Gann´s theory bearish angle to reach the trigger zone, which should launch a bull rally towards $9,000 in the nearby.

From there, sideways trading activity should confirm a new scenario in which the bitcoin price rises to $12,000 as the first technical objective for 2018. What do you think will happen to the bitcoin price?.

https://bitsonline.com/wait-bitcoin-price-12000/
13  Bitcoin / Bitcoin Discussion / Roger Ver Declares Bitcoin Cash to Be True Bitcoin on: November 20, 2017, 04:29:13 AM
After the hard fork, Bitcoin Cash followed a general downward trend following its initial surge post-creation, while Bitcoin continued to smash the roof and set new record-highs repeatedly. This Bitcoin Cash surge has caused formerly-neutral trading platforms like eToro to add Bitcoin Cash to their platform, with members paying a closer attention to developments around the cryptocurrency.

Currently, Bitcoin Cash has a market cap that is just about one-fifth that of Bitcoin, a daily trading volume of over half and a circulating supply that is slightly higher when compared to Bitcoin. Following the recent price fluctuations, the crypto community is beginning to pay closer attention to Bitcoin Cash.

This is why, in my opinion, Bitcoin continued to rally to all-time highs after the Bitcoin Cash fork during the summer; Bitcoin users have realized that "Bitcoin is still Bitcoin" any time a new fork occurs.”. Coe tells Cointelegraph that the activity between Bitcoin and Bitcoin Cash is pure market volatility driven by rumors and speculation, which essentially drives all markets.

Immediately after the hard fork, exchanges such as Bittrex, Kraken, ViaBitcoin and Bter all listed Bitcoin Cash on their platforms, after which its adoption seemed to have reached a plateau. But with more trading platforms listing Bitcoin Cash in the wake of its biggest push since creation, it is only normal to expect more developments around the community as time goes on.

https://cointelegraph.com/news/roger-ver-declares-bitcoin-cash-to-be-true-bitcoin-market-forces-bring-more-attention
14  Alternate cryptocurrencies / Mining (Altcoins) / Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown on: November 19, 2017, 06:08:19 PM
Also Read: China’s Central Television Warns of the Risks of Cryptocurrency OTC Trade Last week, a circulating document indicated that the state-owned power company in China’s Sichuan province would be mounting a crackdown on bitcoin mining. Chinese miner, Akira Cui, recently told the South China Morning Post that many miners “have already paid visit to Vietnam, Laos, Thailand, Russia and the US, negotiating electricity prices with local authorities and buying sites for future use.”.

Mr. Cui argues that “the [mining] business blueprint is bound to go overseas, even if there’s only a 1 percent possibility that China’s crackdown against bitcoin would extend to mining.”. The South China Morning Post states that it contacted four major mining companies, with Mr. Cui being the sole respondee.

Representatives of Chinese mining companies seldom speak with media as many miners are reported to strike private deals with local power companies that are concealed from higher-ranking officials and institutions. Curiously, Mr. Cui forecasts that China’s cryptocurrency crackdown may ultimately serve as a positive for the bitcoin community at large.

Similarly, Mr. Cui believes that the Chinese crackdown on cryptocurrency exchanges will lead to greater decentralization, stating “it’s abnormal to have exchanges globally, as any centralized institution goes against the cryptocurrency’s very nature.”. What impact do you think a crackdown on mining will have now that many Chinese miners are exploring relocation?.

https://news.bitcoin.com/chinese-bitcoin-miners-explore-relocating-abroad-amid-fears-of-crackdown/
15  Bitcoin / Bitcoin Discussion / One of the World’s Largest ATM Manufacturers Announces Bitcoin Support on: November 18, 2017, 03:45:51 PM

One of the World’s Largest ATM Manufacturers Announces Bitcoin Support

Buying bitcoin just keeps getting easier, with vendors of all kinds adding support for the cryptocurrency. Just days ago, Square revealed they were adding the ability to buy BTC within their app. Now Hyosung have gotten in on the act by launching bitcoin ATM support. Soon, customers of the firm’s ATM machines will be able to buy bitcoin at the push of a button.

Bitcoin On Demand

Hyosung have announced they will add bitcoin transaction support with the aid of Just Cash. Once activated, the bitcoin ATM service will operate very similarly to a conventional
One of the World’s Largest ATM Manufacturers Announces Bitcoin Support

transaction. Instead of withdrawing fiat currency, digital currency will be despatched to the recipient’s wallet using a QR scan. While bitcoin is the first cryptocurrency to be added, there is talk of other coins being added in due course.

Hyosung are one of South Korea’s largest industrial companies, boasting over 25,000 employees and revenue of U.S. $17 billion in 2015. ATM manufacture is just a small part of their operations; the company also dabble in construction and chemicals among other things. Within South Korea however they are best known for their ATMs which can be found up and down the country.

First Korea, Tomorrow the World

South Korea’s love of all things bitcoin is well-documented, but Hyosung’s operations aren’t limited to their home turf; the corporation have a global presence, including a huge number of ATMs in the U.S. Hyosung don’t partner with banks to supply ATMs in America: instead, their machines can be found in convenience stores and gas stations, whose owners derive income from the fees generated.

In announcing news of bitcoin ATM integration, Hyosung touted a number of benefits that vendors can expect to enjoy. These include easy implementation, no hardware required, a new revenue stream, and the ability to attract new and repeat customers. Because the feature will be added to ATMs as a software upgrade, bitcoin compatibility should be rolled out quickly. Interestingly, it looks like there will also be the ability to exchange cryptocurrency for cash, although there is no word on how this reverse feature will work.


Bitcoin as a Service

There is no word yet on what the commission and exchange rate will be when purchasing bitcoin from one of Hyosung’s upgraded ATMs. Generally speaking, bitcoin ATMs are more expensive than other methods of purchasing the cryptocurrency such as via an exchange. Customers who struggle to obtain the documentation to complete lengthy KYC procedures, or who simply lack the technical knowledge, however, may find bitcoin via ATM an ideal solution. For those who bank on the cryptocurrency continuing to rise, a few dollars in transaction fees is a small price to pay.
16  Bitcoin / Bitcoin Discussion / Bitcoin Just Surged Past $8000. Here's What's Causing the Spike on: November 17, 2017, 04:10:35 PM
After dipping below $6,000 earlier this month, the price of cryptocurrency Bitcoin surged as high as $8,040 Friday on one of the world’s largest exchanges, Bitfinex. Still, Friday’s surge in Bitcoin’s price comes amid growing institutional investor interest as well as an expected “hard fork” Friday that will introduce a new cryptocurrency for Bitcoin owners.

The Chicago Mercantile Exchange said it would offer Bitcoin futures by the end of the year, potentially opening the coin to a host of institutional investors. The leaders of the SegWit2x hard fork faction said just before Bitcoin’s price slid below $6,000 that they would suspend a proposal to increase the size of Bitcoin blocks from 1MB to 2MB.

But major Bitcoin exchanges say today that they still expect a small group of miners to go forward with the SegWit2x proposal, leading to the creation of a separate network and cryptocurrency. The thinking goes that part of Bitcoin’s price jump in recent months has been thanks to the anticipation surrounding the SegWit2x fork.

As a hard fork results in the creation of a new cryptocurrency, each Bitcoin investor receives an equal number of whatever the new coin may be. For example, in an August hard fork, Bitcoin investors received Bitcoin Cash in addition to their existing cryptocurrency funds.

http://fortune.com/2017/11/17/bitcoin-price-hard-fork-segwit2x/
17  Local / India / Wipro, SAP to develop blockchain use cases for utilities industry on: November 17, 2017, 07:49:41 AM

Wipro, SAP to develop blockchain use cases for utilities industry Indian IT giant Wipro has joined forces with enterprise application software provider SAP to develop blockchain use cases for the utilities industry. The announcement comes as Wipro recently launched industry-specific solutions on SAP Leonardo.

According to the official release, the first set of solutions will focus on the utilities industry, while the next will cover the consumer and manufacturing industries. SAP Leonardo is a holistic digital innovation system that comprehensively integrates future-facing technologies and capabilities into SAP Cloud Platform.

Wipro said it will leverage SAP Leonardo themes such as IoT, blockchain, machine learning, Big Data, insights and analytics to build solutions that will support insight-driven decision-making for customers. It plans to build microservices as extensions to the SAP Leonardo portfolio on SAP Cloud Platform As part of the partnership, Wipro will develop industry-specific analytics “apps” on its insights-as-a-service solution, Data Discovery Platform, leveraging SAP Leonardo analytics, Big Data and data intelligence capabilities, the release said.

“We are keen to leverage SAP Leonardo to drive innovation for our customers. Given our strengths in blockchain, IoT, machine learning and analytics, and our long-standing partnership with SAP, we believe that we are well positioned to build industry-specific digital solutions to power our customers’ transformation journey,” Bhanumurthy B.M., President and Chief Operating Officer, Wipro Limited, said.

https://www.econotimes.com/Wipro-SAP-to-develop-blockchain-use-cases-for-utilities-industry-1015057
18  Alternate cryptocurrencies / Altcoin Discussion / Ethereum: Bitcoin’s Biggest Rival? on: November 16, 2017, 05:55:30 PM
Where Bitcoin is a currency like your dollars or Yens, that you can use to trade and buy commodities in the digital world, but Ethereum is a platform. Ether is the currency which fuels the Ethereum platform, while Ethereum platform is a decentralized stage, powered by blockchain technology, that enables developers and tech entrepreneurs to develop their applications and benefit from the robust security features and powerful technology of blockchain.

Ethereum might be less in value than Bitcoin right now, but the stability and future of Ethereum is brighter because of it being an entire platform, and not just a coin or currency. And the biggest benefit of an application on Ethereum platform is zero downtime.

The applications that are developed on the Ethereum platform, can be funded by public, using ICOs (Initial Coin Offering), in which the companies can release their own tokens, which can be purchased using Ethereum-coin as the currency, thereby energizing the company. Bitcoin has no platform on which developers can develop applications, while Ethereum provides so, which also makes it a diverse player in the market.

In fact, both digital assets will likely hold a place in our future economy, bitcoin as a monetary system and ethereum as a platform for building the next version of the internet. If bitcoin is digital gold then ethereum should be considered digital crude oil, a powerful source of energy for the decentralized apps of the future.”.

https://www.crypto-news.net/ethereum-bitcoins-biggest-rival/
19  Bitcoin / Bitcoin Discussion / One of the largest hedge funds in the world is ready to add bitcoin on: November 15, 2017, 10:57:22 AM

    Man Group, a UK-based investment management firm, said it would include bitcoin in its "investment universe" if bitcoin futures successfully launch.
    CME, the world's largest exchange group, said it would launch a bitcoin futures product by year-end.
    Such a product could open the door to more traditional Wall Street firms entering the bitcoin market.


One of the largest hedge funds in the world might hop on the bitcoin trade.

Luke Ellis, the CEO of Man Group, the UK-based investor with $95 billion in funds under management, said the firm would include bitcoin in its "investment universe" if bitcoin futures successfully launch, according to a tweet by Reuters .
CME announced at the end of October that it would launch a bitcoin futures product by year-end. On Monday, CME chairman and CEO Terry Duffy said such a product would likely be ready by the second-week of December.

http://www.businessinsider.in/one-of-the-largest-hedge-funds-in-the-world-is-ready-to-add-bitcoin-to-its-investment-universe/articleshow/61647865.cms
20  Alternate cryptocurrencies / Altcoin Discussion / UK threatens to shut down popular Bitcoin investment site BitConnect on: November 15, 2017, 08:48:28 AM
It turns out Ethereum founder Vitalik Buterin might have been right to suggest popular Bitcoin investment platform, BitConnect, has been running a Ponzi scheme after all: the UK Registrar of Companies has threatened to shut down the dodgy platform and dissolve its operation.

BitConnect has two months to prove “cause to the contrary” until the decision has been formally enforced, according to an official filing on the British Companies House website. Should the company fail to comply with these terms, the government agency will strike off its registration and seize its assets.

“Upon dissolution all property and rights vested in, or held in trust for, the company are deemed to be bona vacantia, and accordingly will belong to the crown,” the document reads. Many have speculated that BitConnect likely stashes its funds abroad, though there is no evidence to back this up.

While the notice makes no mention of the people behind the shifty Bitcoin investment platform, another filing [PDF] reveals BitConnect was registered by a British man going by the name of Ken Fitzsimmons. According to the same filing, Fitzsimmons holds 75 percent or more of the shares in the company.

Curiously, the name of Fitzsimmons doesn’t appear anywhere on Bitconnect’s site – and nobody seems to know what his involvement in the investment platform is.

Numerous concerned cryptocurrency enthusiasts have since interpreted this lack of information as suspicious, with one user going as far as reporting BitConnect for illegal activity to the British government.

Unfortunately, details about Fitzsimmons continue to remain scarce at this point.

Shortly after the UK Companies House strike-off notice began circulating Reddit, the price of BitConnect Cash (BCC) took a dip from $287 to under $230 – though it has since climbed back up to $245. Here are some stats from Coin Market Cap:


https://thenextweb.com/hardfork/2017/11/13/bitcoin-bitconnect-uk-ponzi-investment/
Pages: [1] 2 3 4 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!