New Bitcoin ETF Effort Launched by Money Management Firm A US-based money manager wants to launch an exchange-traded fund (ETF) tied to the price of bitcoin. VanEck, which is headquartered in New York, is seeking to create the "VanEck Vectors Bitcoin Strategy ETF". The goal, SEC filings reveal, is to have the ETF listed on the Nasdaq exchange. According to a preliminary prospectus published on August 11, the fund won't directly invest in bitcoin as is case with other ETFs tied to the cryptocurrency. Rather, it will purchase stakes in derivatives and financial products that offer exposure to bitcoin market developments. https://www.coindesk.com/new-bitcoin-etf-effort-launched-money-management-firm/
|
|
|
|
Nivida To Focus More On Cryptocurrency Mining MarketSince the beginning of 2017, the cryptocurrency market has grown at an enormous rate. In late 2016 the total market capitalization of the cryptocurrency market was a respectable $14 billion and in the months since has climbed a record-setting $135 billion as of this writing! Bitcoin and Ethereum prices spiked to their ATH (all time high) and mining became profitable for individuals and miners rushed to purchase as many graphic cards as possible in order to profit from the surging prices of both Bitcoin and Ethereum. The mining rush was so severe, that it even caused a national shortage of graphics cards in Russia. The graphics cards shortages made manufacturers like Nvidia and AMD realize that there is another profitable market for graphics cards, and that’s the cryptocurrency mining market. http://bitcoinist.com/nvidia-to-focus-more-on-cryptocurrency-mining-market/
|
|
|
|
Goldman Sachs Warns Investors Not to Ignore Bitcoin any LongerGoldman Sachs has done a complete 180 turn as far as Bitcoin and cryptocurrency are concerned. That is not entirely surprising, as Bitcoin shouldn’t be ignored by anyone. However, the institution is now actively telling their investors not to dismiss Bitcoin any longer. Given the recent price surge, that outcome isn’t surprising by any means. It will be interesting to see if their words have any major impact, though. http://www.newsbtc.com/2017/08/13/goldman-sachs-warns-investors-not-ignore-bitcoin-longer/
|
|
|
|
One of the fastest rising industry is blockchain technology as it promises to reduce costs and increase efficiency, while potentially disrupting an ever growing number of industries, from music, to energy, to finance. Demand for blockchain skills has increased considerably and will probably continue to do so as prototypes, tests, pilots, move on to production, but skills are in very short supply. Companies are competing for blockchain talent not just with each other and start-ups, but with new business models, such as token sales and ICOs, that have allowed some blockchain coders to raise millions for new innovative projects.  List of Universities |
|
|
|
HBO willing to pay hackers $250k bitcoin ransomFollowing a massive cyberdata breach that featured the leaked script of “Game of Thrones” and private information of some of its cast, HBO is reportedly ready to settle. A hacker or group called “Mr Smith” claimed responsibility for the attack and has initially demanded to be paid the equivalent of six months of their salary—claiming they earn between $12 million and $15 million from stealing intellectual property and blackmailing companies. “As a show of good faith on our side, we are willing to commit to making a bug bounty payment of $250,000 to you as soon as we can establish the necessary account and acquire bitcoin,” the email read. http://entertainment.inquirer.net/238299/hbo-willing-pay-hackers-250k-bitcoin-ransom-report
|
|
|
|
Nvidia CEO: Cryptocurrencies Are 'Here to Stay'Nvidia is riding high on the boom in cryptocurrency mining, according to the graphics card (GPU) manufacturer. Revealed yesterday, the California-based company's second-quarter earnings were up 56 percent year over year, with its GPU division taking in $1.9 billion during the second quarter – a rise of 59 percent compared to the same period in 2016. Nvidia CEO Jen-Hsun Huang struck a bullish tone about the prospects for selling to would-be miners, telling VentureBeat: "Cryptocurrency and blockchain are here to stay. Over time, it will become quite large. It is very clear that new currencies will come to market. It’s clear the GPU is fantastic at cryptography. The GPU is really quite well positioned." https://www.coindesk.com/nvidia-ceo-cryptocurrencies-stay/
|
|
|
|
There is a good article from Charles Hugh Smith about Bitcoin on Zerohedge. Really interesting to read. I'll share it here to discuss the content and the opinion of the author. The real demand for bitcoin will not be known until a global financial crisis guts confidence in central banks and politicized capital controls. I am an interested observer, not an expert. As an observer, it seems to me that the mainstream--media, financial punditry, etc.--as a generality don't really grasp the dynamics driving bitcoin and the other cryptocurrencies. What the mainstream does get is speculative frenzy. New technologies tend to spark speculative manias once the adoption rate exceeds the Pareto Distribution's critical threshold of 4%, and opportunities to buy into the new technology become available to the general public. Just as radio and the Internet sparked speculative manias in their boost phase, cryptocurrencies have sparked their own speculative frenzy. Where the mainstream goes wrong is assuming that's all there is to bitcoin: a speculative mania. The Establishment often dismisses transformative technologies as fads or gimmicks; thus the infamous rejection of photocopy technology as only of interest to a dozen large corporations, personal computers belittled as being of limited utility (storing kitchen recipes), and so on. |
|
|
|
|
Today starts the first round in the German DFB Cup. I created this thread because there was an extra thread in the past and I did not want to discuss the cup matches in the league thread.
So, here are my predictions.
1860 Munich vs Ingoldstand # Win of 1860 Munich @ 4.89
Osnabrück vs Hamburg # Win Hamburg @ 1.68
Cottbus vs Stuttgart # Win Stuttgart @ 1.36
Bonn vs Hannover # Win Hannover @ 1.28
|
|
|
|
$100 Million: Coinbase Raises Biggest-Ever Round for Bitcoin Startup Coinbase has raised $100 million in Series D funding in what is the largest single traditional funding round for a public blockchain or cryptocurrency startup, according to CoinDesk data. Announced today, the round was led by Institutional Venture Partners (IVP), a Silicon Valley venture firm that counts some of the biggest tech and digital startups, including Dropbox, GitHub and Netflix, among its portfolio. Also participating are Battery Ventures, Draper Associates, Greylock Partners, Section 32 and Spark Capital. The round's completion raises Coinbase's collective funding to date to more than $217 million, higher than any other industry firm that has raised money from accredited investo https://www.coindesk.com/coinbase-bitcoin-100-million-series-d/
|
|
|
|
Bitcoin Gets Technology Theory Backing, Can Reach $100,000 by 2021
“Moore’s Law” has been identified by a Harvard Scientist in Bitcoin, and as such the belief is that the digital currency can reach $100,000 by February 2021, according to this theorem. With Bitcoin reaching a big milestone in its scaling debate, an issue that has dogged the digital currency for some time, it is now once again breaking records with little slowing it down. Fear and speculation ran rampant leading up to the August 1 hard fork, which saw the creation of a new digital currency called Bitcoin Cash – a fork of the original Bitcoin. However, even since its creation, and rise to third-largest digital currency for a while in regards to market cap, it has not slowed Bitcoin’s growth. http://bitcoinist.com/bitcoin-gets-technology-theory-backing-can-reach-100000-by-2021/
|
|
|
|
|
The most popular social network in Russia is easing restrictions on advertisements related to cryptocurrency.
According to local news source Novaya Gazeta, VKontakte – a regional social media platform akin to Facebook – had previously barred ads related to digital currencies and mining. The primary factor for the ban was cited as uncertainty over the legal status of such services in the country.
VKontakte has now reportedly reversed that policy following legal consultations and, from August 8, clients will be allowed to place ads for cryptocurrency exchanges, blockchain services and educational platforms, as well as for industry media sites.
|
|
|
|
Starving Venezuelans Turn to Bitcoin Mining in DesperationMany people in the troubled South American nation have turned to Bitcoin mining in a desperate attempt to fend off starvation and keep their families alive. The once thriving South American nation of Venezuela has been sliding into an economic apocalypse over the last few years. The socialist regime of Hugo Chavez has been followed by current President Nicolás Maduro, and the economic policies put in place has transformed a country with more oil reserves than Saudi Arabia into a literal hell on Earth. http://bitcoinist.com/starving-venezuelans-turn-to-bitcoin-mining-in-desperation/
|
|
|
|
$3,500: Bitcoin Price Sets Another New All-Time HighThe price of bitcoin continues to climb to new highs, reaching an average of $3,525 across global exchanges today, according to the CoinDesk Bitcoin Price Index. All told, the price of bitcoin has now climbed 250% since the start of the year, rising from just under $1,000 on January first to its all-time high today. Year-over-year, the price gains are even more impressive, with bitcoin increasing nearly 600%. The price of bitcoin on August 8, 2016, was roughly $595, according to BPI data. https://www.coindesk.com/3500-bitcoin-price-sets-another-new-time-high/
|
|
|
|
Shopping Mall Bans Bitcoin and Ether Mining as Merchants Run Up Bills An electronics retail marketplace in South Korea has reportedly taken the unusual step of banning vendors from mining bitcoin in their stores. Yongsan Market, based in Seoul, has told merchants that they aren't allowed to mine cryptocurrencies – bitcoin and ether, specifically – because of electrical costs, rising temperatures and the risk of fire, according to Korea Economic Daily. According to the report, the Yongsan Market's management has also warned merchants that the subsequent jump in electricity costs will be added to their bills. https://www.coindesk.com/korean-mall-bans-bitcoin-ether-mining-merchants-run-bills/
|
|
|
|
Bitcoin Is Now Worth Nearly 3 Times More Than an Ounce of Gold More than five months after bitcoin and gold prices hit parity, bitcoin is now worth nearly three times as much as the more traditional store of value. The price of bitcoin reached a new high above $3,400 during today's session, a figure that was more than $2,000 above the price of gold. At press time, the precious metal was trading for $1,257 according to a spot exchange rate provided by Bloomberg. https://www.coindesk.com/bitcoin-is-now-worth-nearly-3-times-as-much-as-gold/
|
|
|
|
I have used Electrum Cash for almost one week now and I have sent and received multiple transactions. Today I wanted to send a transaction and I got the following message:  I am not able to send a transaction. Tried several times. Any advice? |
|
|
|
The Bank of England has announced more transparency on gold stocks. The first report has now been published The Bank of England holds most of the gold and silver in London, or over 60% of the total gold, and already publishes some details of its holdings. The new LBMA data supposedly also reveals how much private custodians, HSBC, JP Morgan, and ICBC Standard Bank among them, keep in their vaults. The publication of vaulting statistics marks the first step toward the LBMA's promise of greater transparency, which will eventually be enhanced further by trade reporting that is set to also be published later on. respectively. More on Zerohedge
|
|
|
|
Bitcoin Cash Block Production Accelerates as Mining Difficulty Adjusts After a slow start, blocks on the newly launched bitcoin cash blockchain are now being mined more frequently. When the cryptocurrency originally split from the main bitcoin blockchain earlier this week, blocks were crawling in, with the first one taking about five hours to find and another taking nearly 13 hours. This came as no surprise to many, since bitcoin cash has much less mining power (with only a few groups, ViaBTC, Bitcoin.com and other unknowns securing the new blockchain). https://www.coindesk.com/bitcoin-cash-block-production-accelerates-mining-difficulty-adjusts/
|
|
|
|
|
More than $1.5 billion and counting. Call them token sales or initial coin offerings (ICOs), the funding method has quickly emerged as the de-facto way for blockchain projects to raise capital – one that is dominating headlines, as well as a growing portion of CoinDesk's editorial coverage and quarterly "State of Blockchain" report.
And it's easy to see why: ICOs are now contributing significantly more funding to the blockchain ecosystem than traditional venture capital, not to mention skyrocketing in terms of deal volume and size. The landscape is also quickly evolving in terms of deal structures, platform use, perceived legality, investor interest, and more – all leading to a boom in the amount of new data available for analysis.
|
|
|
|
|
Show Posts
