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1  Economy / Trading Discussion / Skrill accepts bitcoin on: December 01, 2016, 01:26:21 AM
If you have a Skrill account you can add funds to it with bitcoin and the fees are 1 % only.
2  Bitcoin / Press / [2016-10-20] Hillary Clinton’s campaign thinks Bitcoin is too “libertarian” on: October 20, 2016, 01:37:54 AM
Might the Democrats want to get in on this new fundraising avenue?

That’s exactly what Stan Stalnaker—a founder of the digital currency “Ven”—asked Hillary Clinton campaign manager John Podesta in an email last year as revealed on Tuesday by WikiLeaks.

“As we discussed, Bitcoin is being used on the Republican side and could be a useful tool, but we think Ven is a better choice for your campaign due to its environmental benefits, identity metrics and closed loop status,” Stalnaker wrote in a May 13, 2015 email to Podesta. The two had met prior at a Clinton fundraiser.

Podesta forwarded the email to campaign tech aide Teddy Goff, adding, “I don’t send all the crazy ideas I hear about at fundraisers your way, but this seems interesting and legit.”

“Essentially digital currency with a green angle as opposed to bitcoin’s libertarian Ayn Rand schtick,” Podesta wrote of Stalnker’s proposal that the campaign use Ven as an alternative.

“Would you get some members of your team to meet with Stan when he’s in NYC later this month to see if it’s worth a real conversation?” Podesta asked. “Apologies for the slow reply – yes, of course, feel free to introduce and we will set up a meeting, “Goff replied three days later.
3  Bitcoin / Press / [2016-10-12] Bitcoin Wallet Recovers from DNS Hijacking Attack on: October 12, 2016, 10:20:25 PM, the largest web-based Bitcoin wallet, suffered a DNS hijacking attack today when users accessing the site were pointed to the wrong servers, exposing visitors to all sorts of attacks.
The incident took place around 11:00 GMT when the site's DNS information changed from CloudFlare to a cheap hosting provider based in Tulsa, USA.

Paranoid Bitcoin users noticed the DNS hijacking right away and started warning each other on Reddit and Twitter. took their website offline as they fought to reclaim their website's DNS records and point them to the right servers.

Blockchain users should change their passwords

DNS hijacks are extremely dangerous since an attacker can point a site's visitors to his server where he runs a clone of the original website.

During the time DNS information led users to the wrong IPs, an attacker could have collected login credentials for everyone authenticating on the fake portal.

Users that accessed today should change their wallet passwords right away.

The same goes for users of mobile or desktop apps that use the API, which makes queries to the same DNS server.

Read more:
4  Bitcoin / Press / [2016-10-08] Brave Offers First Bitcoin Micropayments to Publishers on: October 08, 2016, 07:54:42 AM
Browser software startup Brave has some bitcoin it would like to give to The Wall Street Journal.

The controversial browser that blocks third-party ads, also gives users the ability to offset lost ad revenue in the form of bitcoin micropayments reconciled at the end of each month.

The first of these reconciliation cycles ended last week and Brave has now published a step-by-step process explaining how website owners can claim their bitcoin.

"The Wall Street Journal is number one," Brave co-founder Brenden Eich during a conversation with CoinDesk earlier this week.

Eich added:

"Those funds are piling up. We have an accounting system that says you voted for this publisher this many times and that website you liked."
5  Bitcoin / Press / [2016-10-03] Island of Jersey to Regulate Cryptocurrency on: October 04, 2016, 12:21:49 AM
The island of Jersey is a pleasant, tranquil place known for its rocky beaches, soothing waves, and oh yeah… It’s loose tax regulations and growing Fintech arena. Over the past two years, arrays of financial and tech-related companies have looked to Jersey as a potential home thanks to its limited regulations regarding bitcoin and digital currencies, but all that is about to change.

Presently, there are nearly two dozen established companies and businesses on the island of Jersey that accept bitcoin as a method of payment. Since October of last year, Jersey has expressed its desires to regulate cryptocurrency and implement stricter laws. As ten months have already gone by, very few of us probably took these regulators seriously, but now, it appears the day has finally come.

The new legislation entitled, “Proceeds of Crime (Supervisory Bodies) (Virtual Currency Exchange Business) (Exemption) (Jersey) Order 2016” is Jersey’s way of (what a surprise) trying to crack down on cybercrime, money laundering, and many of the other things people seem to think come about with bitcoin. While a full on BitLicense like in New York is being avoided for the time being, new regulations are ultimately being enforced, especially on larger companies. If the annual profits of a business are equal to 150,000 pounds or more, that business is required to undergo official registration with Jersey lawmakers, and go through additional rigmarole as one of the “big men on campus.” If a company’s annual profits are less, it’s likely to be exempt.

the article link
6  Bitcoin / Press / [2016-09-29] Indian Bitcoin Exchange Unocoin Raises a Record $1.5 Million in on: September 30, 2016, 12:11:42 AM
Indian Bitcoin Exchange Unocoin Raises a Record $1.5 Million in Funding

Unocoin, an Indian bitcoin startup that offers a trading platform for Indian customers to buy, sell and store bitcoins has raised a record $1.5 million in a round of funding, the company announced on Thursday.

Founded in December 2013, Unocoin is headquartered in Bangalore, a city that is commonly deemed the “Silicon Valley of India.” Over the past near-three years, the company has grown to house 30 employees while clocking over 100,000 customers across the country.

the article link
7  Bitcoin / Press / [2016-09-21] Roger Ver on Bitcoin Scalability: Two Bitcoins Are Better Than One on: September 21, 2016, 10:07:13 PM
After months of heated debate over whether the Bitcoin network should scale or not, there seems to be no consensus in sight. The community is at a crossroads with two differing opinions on forking the network from 1MB to 20MB.

Yet, getting most of the validating nodes, miners and the rest of the bionetwork on board in an appropriate manner is a very significant issue. One camp thinks that the current network with its mere 7 transactions per second is debilitating and uncompetitive. However, the other camp believes that promoting a hard fork will revert transactions, which is the opposite of the basic principles of the Blockchain technology and its immutable ledger.

read the full interview here
8  Bitcoin / Press / [2016-09-21]Brothers Face Jail Time for Allegedly Stealing Power to Mine Bitcoin on: September 21, 2016, 09:49:12 PM
Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation, Dutch authorities said this week.

The case dates back to 2014, when the brothers, whose names weren’t disclosed, were caught allegedly stealing electricity from a local utility provider to power bitcoin mining devices at a location in Rotterdam. Prosecutors said this week that, in total, the brothers mined roughly €200k ($223k) worth of bitcoin prior to being caught.

the full article link

never steal electricity when you make money with it Cheesy
9  Bitcoin / Press / [2016-09-15] Explains How Using P2P Exchange Providers Increases ROI on: September 16, 2016, 12:49:31 AM Explains How Using P2P Exchange Providers Increases ROI for Cryptocurrency Traders

How Can Exchanges and Traders Benefit from Alternative Ways to Fund Their BTC Account?

Online exchanges can offer the user alternative ways to fund or withdraw BTC from their bitcoin accounts by cooperating with P2P exchange providers. It will not only enable additional alternative payment options, but will also make them more flexible, resulting in reduced costs and improved delivery speed of services.

Increasing flexibility is just one of the advantages of using online exchange services when trading digital currency. Few other advantages include:

1- Security: All platforms care about their reputation and most of them follow stringent security policies applicable to both technical and financial aspects of the operation. Cooperating with such platforms will automatically ensure better security for the users.

2- Reserves: By collaborating with multiple exchangers, the amount of transactions one can handle becomes practically limitless. A serious P2P exchange service provider holds a much larger reserve of digital currencies than any individual exchanger without a website can ever hold.

3- Cost and Speed: The competitiveness of online exchange market constantly forces the players to make the best offers.

4- Support: One of the advantages to cooperate with exchange services is the support team. People wish to receive high quality services, therefore qualified support of your partner’s service may even increase loyalty to yours.
10  Bitcoin / Press / [2016-09-15] Anonymous Donor Gives 38 Bitcoins to African Water Project on: September 16, 2016, 12:40:12 AM
Bitcoin proponents were thrilled to hear that the Water Project recently received an anonymous donation of 38 bitcoins —  worth $23,000 USD at press time. The charity doesn’t know who sent the funds, but they are very grateful, as the money will go towards providing clean water and sanitation facilities to an entire school.

The Water Project organizers thanked the donor on Reddit, stating:

So we don’t know who you are, but we’re grateful. And so, just in case you hang out here, we want to say thanks! Today you gave enough BTC – totally anonymously – to provide clean, safe water and sanitation facilities to an entire school AND for the monitoring and repair funds to keep it working for years to come.

the article link
11  Bitcoin / Press / [2016-09-13] One of Bitcoin's Biggest Miners is Launching a Second Pool on: September 13, 2016, 05:07:28 PM
As if running the third-largest bitcoin mining pool wasn't enough, China-based Bitmain announced the launch of its second mining pool yesterday.

Unlike the other large mining pools, though, the new offering (launched through its subsidiary will be open sourced to its community of users. According to Bitmain, the pool is not meant as a replacement for its popular Antpool platform (which has roughly 13% of the network's market share) but rather to enhance the stability of the bitcoin network.

In interview, Nisthant Sharma, international marketing manager at Bitmain, explained that the goal is to use this software to "promote decentralization of the bitcoin mining network".

the article link 
12  Bitcoin / Press / [2016-09-08] Bitwala's Altcoin Embrace Sees Service Reverting to Bitcoin on: September 09, 2016, 12:09:05 AM
Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, has been less than impressed by the public’s response to altcoins after embracing altcoins.

While it plans to continue to support altcoins, Bitwala is planning to focus more on bitcoin, according to a recent blog posted on its website.

The company has asked for input on whether people agree with this change in focus. The blog is titled, “Everybody is excited about altcoins, but nobody is using them.”

read the article here
13  Bitcoin / Press / [2016-09-08] University of Kent’s Cyber Research Survey Shows How Big the Online on: September 08, 2016, 03:25:57 AM
University of Kent’s Cyber Research Survey Shows How Big the Online Generation Gap Is..Or Isn’t

The University of Kent’s Cyber Security Center has released a study that shows the 5% of adults have browsed the dark net. It also shows that 1% said they have actually bought something on dark net. An even higher percentage of 14% of 18-24-year old’s said they have used dark net to buy things.

Kent’s survey revealed that 4% of British adults were at one point, victims of ransomware. This is a special kind of malware which encrypted the victim’s computer, only to be unlocked for a hefty fee. 26% of those who took the survey said they paid the ransom to have their computers restored back to normal. A staggering 35% say even after paying the ransom, their systems were never recovered.
14  Bitcoin / Press / [2016-09-07] How Sony's New Show 'Startup' Gets Bitcoin Right on: September 07, 2016, 06:28:13 PM
It was only a matter of time until someone made a TV show featuring bitcoin. Well, that show is here in the form of a 10-episode series called Startup, and, frankly, it does a good job of depicting the weird world of crypto-currency.

The show is set in Miami and (surprise!) involves drug dealers and an FBI agent as well as a brilliant young Stanford drop-out, Izzy Morales, who tries to convince people how digital money will change the world.

The young coder is actually flogging something called “Gen-Coin,” which she claims is better than the original bitcoin, but is based on the same idea of a decentralized digital currency beyond the reach of banks and governments. In Izzy’s eyes, while money can corrupt people, the bigger issue is that “people corrupt money.”

the article link
15  Bitcoin / Press / [2016-09-01] Ad-Blocking Browser Brave Launches Bitcoin Micropayments on: September 01, 2016, 10:57:41 PM
Web browser developer Brave Software has a new weapon in its arsenal against third-party advertisements.

While the Brave browser has been automatically blocking ads that target users based on their browsing habits since earlier this year, the beta version of Brave Payments, launched today, is the latest move to advance a disruptive business model designed to give users control over their web experience – and the data it creates.

Brave founder and CEO Brendan Eich told CoinDesk how the startup's technology can be used to give users the power to reward websites with content they enjoy and practices they agree with.

Eich said:

"You can start funding a user wallet that's associated with your anonymous identity with Brave, and automatically micro-pay your top sites."

the article link
16  Bitcoin / Press / [2016-08-31] Baidu Ban Makes Bitcoin's Fate Unknown in Its Largest Market on: August 31, 2016, 10:27:12 PM
The ban of all bitcoin and virtual currency-related advertising from the online portals of China’s largest search engine, Baidu, has thrown the fate of cryptocurrencies into a dicey state in the world’s largest market for bitcoin trading and mining.

As China literally controls the bitcoin market, this move is likely to have a multiplier effect on the entire ecosystem.

Though the reported reasons behind a blanket cryptocurrency-related advertising ban could still be said to stem from speculation, there is a claim that Baidu’s action was in line with recent efforts by Chinese authorities to combat widespread financial crime.

Aside that the People’s Bank of China (PBOC) had revealed plans to launch its own digital currency, it could be recalled that the China Banking Regulatory Commission had warned financial companies not to use the word “bank” loosely in their names. China’s authorities had also pledged to clamp down on online fraud in March.

the article link
17  Bitcoin / Press / [2016-08-31] Here's How People Are Actually Using Bitcoin on: August 31, 2016, 10:24:28 PM
Bitcoin is a cipher—literally and figuratively. The crypto-currency conjures a William Gibson–esque panorama of dark web Tor servers, masked figures cavorting in Eastern European shipping containers, multibillion dollar South American cartel-laundering operations, gaunt college sophomores picking up Silk Road designer drugs at liberal arts–school mailboxes, and so forth. It's also an indicator of libertarian Silicon Valley utopianism where everyone pins their identity to the blockchain, eschewing the globalist banking Nanny State and spending the rest of their lives blissfully playing video games on a seasteader colony in international waters.

the article link
18  Bitcoin / Press / [2016-08-30] Former CIA Analyst Says Terrorists Utilize Bitcoin to Boost Funding on: August 30, 2016, 10:57:30 PM
A former counterterrorism analyst for the CIA has found that terrorists are utilizing innovative technologies to boost their funding, one of which is through the use of bitcoin.

Yaya Fanusie is the director of analysis for the Foundation for Defense of Democracies’ Center on Sanctions and Illicit Finance (CSIF) who previously spent seven years as both an economic and counterterrorism analyst in the CIA.

Writing on The Cipher Brief, he explained how he recently came across a troubling case of innovative terrorist fundraising.

According to Fanusie, The Ibn Taymiyya Media Center (ITMC), which is an online jihadist propaganda unit located in the Gaza Strip, has been using social media to run a fundraising campaign. Fanusie states that it is the first terrorist group to publicly use the digital currency.

19  Bitcoin / Press / [2016-08-15] Bitcoin Market Report: Top in BTC/USD on: August 16, 2016, 02:55:41 AM
Bitcoin Market Report: Top in BTC/USD


- Bitcoin is down -0.55% on the day, down -4.43% on the week and down -14.89% on the month on a last price of 565.66.
- BTC/USD is trading between a 24hr high of 573.69 and a 24hr low of 554.90 on a Bitstamp 24hr volume of 4553 BTC.
- The weekly trend is sideways.
20  Bitcoin / Press / [2016-08-16] Bitcoin Price Technical Analysis – Short-Term Reverse Pattern ? on: August 16, 2016, 02:47:05 AM
Bitcoin Price Key Highlights

Bitcoin price has sold off sharply recently but it looks like bears may be tired from the dive.
A small double bottom pattern has emerged after price failed in its last two attempts to break below $565.
Price has yet to break past the neckline at $575 before confirming the potential rally.

read the Analysis
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