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1  Economy / Trading Discussion / Trading with crypto or fiats? the right one? Your experience? on: March 12, 2019, 06:28:34 PM
I trade with crypto currencies. I have a small experience in it. The amount of profit i get is very less but yes it depends on the amount of investment i make. I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do. The main thing is, the investment they make is lesser than i make.

Kindly share your experience?
2  Economy / Speculation / What brings to crypto? on: March 12, 2019, 05:00:46 PM
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
3  Bitcoin / Press / [2018-05-02]- BTC Network Hashrate At All Time High Even Among Market Correction on: May 02, 2018, 09:40:12 PM
Bitcoin Network Hashrate At All Time High Even Among Market Corrections

The Bitcoin (BTC) network’s hashrate is continuing to climb today, May 2, according to data from BitInfoCharts. The continuous growth of the hashrate over the past months signals a constantly increasing level of interest from the miners, in spite of Bitcoin’s inability to break the $10,000 price point after the market crash in February.

After BTC’s price reached $20,000 in December of last year, the market began to fall in the wake of the new year, with BTC dipping below $6,000 in February. Although the market has recovered slightly, with Bitcoin currently trading for around $9,144 and up 3 percent over a 24 hour period, the price is still more than 50 percent below its all-time high reached in December.

The rising hashrate - last recorded on May 1 as 31,590 PH/sec - means that new miners are continuously starting to mine for Bitcoin in spite of market fluctuations. This causes a constantly increasing competition between the miners and the resulting improvement of the network’s overall security.

https://cointelegraph.com/news/bitcoin-network-hashrate-at-all-time-high-even-among-market-corrections

How do you see it?
4  Bitcoin / Press / [2018-04-23] - India Divided on Whether to Ban Crypto Use on: April 23, 2018, 08:59:10 PM

As India works on the bill to regulate cryptocurrencies, each government department has its own opinion on whether to ban the use of crypto, including bitcoin. The Finance Ministry, the Reserve Bank of India (RBI), the Income Tax Department, and the Special Investigation Team have voiced their opinions on the upcoming bill.

https://news.bitcoin.com/india-divided-ban-crypto-use/

India is preparing a bill on the regulation of cryptocurrency. “The bill has been drafted and consultation has been started with the concerned agency,” the Navbharat Times reported last week. The news outlet quoted sources explaining that the regulators are divided on whether to ban the use of cryptocurrencies such as bitcoin.

“The finance ministry is in favor of regulating [cryptocurrency],” sources said. The Income Tax Department, on the contrary, is not in favor of regulation, the news outlet conveyed, and quoted sources explaining:

The regulation of virtual currency is almost impossible and it promotes the use of black money.

Your thoughts on it dudes?
5  Bitcoin / Press / [2018-04-22]Bitcoin Versus Government Money: One is Clearly Superior on: April 22, 2018, 08:16:53 PM
Half of nearly all transactions involve money, a medium of exchange (MOE). For almost everyone, one of those halves has always been derived, considered, instituted by governments. Also known as fiat, government money, notes, they appear to us as inevitable, right as rain, plainly self evident. However, for the first time in a long time, those notions are being challenged by cryptocurrency. At least one of the world’s most popular versions has a real chance to take the advance of cash (peer-to-peer, permissionless, final, censorship resistant MOE) and make it a global reality. Digital cash is closer than ever imagined to mimicking its government paper predecessor, without the bother of inherent violence, carrying distinct advantages previously unavailable in history.

What Have Governments Done to Our Money?

If you’re new to thinking about money, welcome. It’s a vast, broad subject, and one that repays upon consideration and review. Chances are you’ve given the subject more thought these days due to wild cryptocurrency price speculation news. And it is thrilling. To think you’re able to invest in a digital asset at any stage, in full or fractions, and ride its swings can fill our heads with dreams of wealth accumulation. And if that’s the spark causing you to click over here, awesome. You should also begin to learn just why this bitcoin thing, this crypto thing, this brave new world is maybe even more important than typical manias or get-rich-quick schemes.

https://news.bitcoin.com/bitcoin-versus-government-money/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Your thoughts on it?
6  Bitcoin / Press / [2018-04-23] - Coindaddy’ Another Crypto-Rapper Rhymes About Bitcoin Life on: April 22, 2018, 07:33:54 PM
Just last month news.Bitcoin.com chatted with the hip-hop artist ‘Lil’ Windex’ the Canadian rapper who made headlines last month for his rhymes about bitcoin cash. Now there is another rapper, from San Francisco, called ‘Coindaddy,’ an artist who has been coined a “Weird Al Yankovic” of cryptocurrency rap.

https://news.bitcoin.com/coindaddy-another-crypto-rapper-rhymes-about-bitcoin-life/

The ‘Crypto Castle,’ Fur Coats, Lambos, and Bitcoin

Arya Bahmanyar is a 28-year-old former commercial real estate broker turned hip-hop artist after allegedly becoming a millionaire from his cryptocurrency investments. According to a recent interview with the columnist Melia Robinson, Bahmanyar decided to devote his time to becoming a new rapper called ‘Coindaddy,’ and he started his own Youtube channel to release his music.

“I’m going to make songs that aren’t that good,” Bahmanyar explains in his recent interview recalling how he got started toward creating his ‘Coindaddy’ persona.

Just for your info. Your thoughts on it?
7  Bitcoin / Press / [2018-04-21] Crypto Markets Experience Slight Price Fluctuations on: April 21, 2018, 06:25:41 PM
Crypto Markets Experience Slight Price Fluctuations After Recent Gains

https://cointelegraph.com/news/crypto-markets-experience-slight-price-fluctuations-after-recent-gains

The crypto markets are experiencing slight price variations after the recent uptick, with Bitcoin (BTC) breaking $9,000 earlier today, April 21, and Ethereum (ETH) briefly over $600, according to Coin360 data.

BTC is now trading for around $8,700, up around 2 percent over a 24 hour period to press time. BTC dominance is slightly up from yesterday, now around 39.9 percent, according to data from CoinMarketCap.
 
Good to hear and see crypto coins values go up. Your thoughts?
8  Bitcoin / Press / [2018-04-16] Major Korean Exchange Launches in Indonesia with Six Cryptocurrenci on: April 16, 2018, 07:38:30 PM
Major Korean Exchange Launches in Indonesia with Six Cryptocurrencies

https://news.bitcoin.com/major-korean-exchange-launches-indonesia-cryptocurrencies/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

One of South Korea’s top three cryptocurrency exchanges, Coinone, is launching an exchange in Indonesia. Initially, six cryptocurrencies will be supported but the exchange plans to add more coins. Coinone is also launching an airdrop event for 10,000 pre-registrants.


Coinone Launching in Indonesia

Coinone announced on Monday that it is launching Coinone Indonesia in Jakarta, “making [it] first among the top cryptocurrency exchanges in Korea to enter the global market,” the company wrote.

Major Korean Exchange Launches in Indonesia with Six CryptocurrenciesThe South Korean exchange is the third-largest crypto exchange in the country after the Kakao-backed Upbit and Bithumb. Its 24-hour trading volume is $63,140,495 at the time of this writing, according to Coinmarketcap. The company also operates a “blockchain 4D zone” called Coinone Blocks, with walk-in customer consultation counters.

Is this another good news ?
9  Bitcoin / Press / [2018-04-09] Proxeus, IBM Register A Business On Blockchain In ‘Record Setting’ on: April 09, 2018, 05:02:32 PM
Proxeus, IBM Register A Business On Blockchain In ‘Record Setting’ Time

Blockchain workflow engine and generator Proxeus and technology company IBM Switzerland have shown how to register a Swiss startup entirely on Blockchain in a “fraction” of the time traditionally required as part of their entry in the digitalSwitzerland challenge, Proxeus told Cointelegraph.

Proxeus, described as the “WordPress for Blockchain,” raised $25 mln in two days during their mid-February Initial Coin Offering (ICO) for their XES token. The company aims to make Blockchain technology accessible to the public, as users without any programming knowledge can use drag-and-drop tools to create their own Blockchain applications.

IBM also recently released a beta version of a “cheaper” Blockchain starter plan for small businesses.

The idea for Blockchain company registration came after Switzerland was ranked 54th and 56th respectively for the time and number of steps to start a business in a World Economic Forum (WEF) ranking of 138 countries, due to an excess in both the number of players involved and the physical paperwork required.

https://cointelegraph.com/news/proxeus-ibm-register-a-business-on-blockchain-in-record-setting-time

What stops a government in adapting bitcoin and blockchain besides other firms in the same country do adapt the same for their business wellness?
10  Bitcoin / Press / [2018-04-01]South Korean Regulators To Release Crypto Tax Framework By June on: April 01, 2018, 03:14:45 PM
South Korea’s Ministry of Strategy and Finance will reportedly release a taxation framework for cryptocurrencies by the end of June, local news outlet Fuji News Network (FNN) reported March 25.

A spokesperson for the Ministry of Strategy and Finance said that although they “do not have a specific time frame,” they are “thinking about announcing a virtual money tax in the first half of the year,” and FNN adds that any taxation would only start next year.

The announcement of the future tax plan came after the Finance Ministers' meeting of the G20 that took place earlier this month from March 19-20.

https://cointelegraph.com/news/south-korean-regulators-to-release-crypto-tax-framework-by-june

South Korea is going to allow traders and others to use bitcoin and tax on them? Really a positive move? Your thoughts?

11  Bitcoin / Press / [2018-03-23] Edward On Bitcoin:World Needs Better Option To Avoid Gov’t Coercion on: March 23, 2018, 09:38:23 PM
Edward Snowden On Bitcoin: World Needs Better Option To Avoid Gov’t Coercion

US whistleblower Edward Snowden voiced concerns over Bitcoin’s long-term prospects in an interview on March 22, saying the cryptocurrency’s public Blockchain made it susceptible to abuse.

Speaking via webcam in an interview with Coin Center director of research Peter Van Valkenburgh at the Blockstack Berlin 2018 conference, Snowden agreed Bitcoin’s ledger was “devastatingly public.”

“The much larger structural flaw, the long-lasting flaw, is its public ledger,” he said of Bitcoin, adding that he nonetheless “may” have used it to buy server infrastructure in 2013.

https://cointelegraph.com/news/edward-snowden-on-bitcoin-world-needs-better-option-to-avoid-govt-coercion

How do you look at this?
12  Bitcoin / Press / [2018-03-] Over $6.2 Mln In Crypto Assets Lost To Fraud on: March 22, 2018, 09:24:00 PM
Over $6.2 Mln In Crypto Assets Lost To Fraud, Hacks In Japan Last Year.

Over $6.2 mln (662.4 mln yen) of cryptocurrency was lost in 2017 due to fraud and theft, according to statistics released from Japan’s National Police Agency (NPA), local news outlet Nikkei reports today, March 22.

This number does not include the over $500 mln hack of NEM from Japanese crypto exchange Coincheck in late January.


https://cointelegraph.com/news/over-62-mln-in-crypto-assets-lost-to-fraud-hacks-in-japan-last-year

How this can be controlled? Your thoughts?



13  Bitcoin / Press / [2018-03-21]Twitter CEO Says Bitcoin Will Become World’s ‘Single Currency’ on: March 21, 2018, 06:43:22 PM
Twitter CEO Says Bitcoin Will Become World’s ‘Single Currency’ Within A Decade

Jack Dorsey, the CEO of both Twitter and payment service Square, has said that he sees Bitcoin (BTC) as the world’s – and Internet’s – single future currency, The Times reports today, March 21.

Dorsey believes that Bitcoin’s leading emergence will take “probably over ten years, but it could go faster”:

https://cointelegraph.com/news/twitter-ceo-says-bitcoin-will-become-worlds-single-currency-within-a-decad

What do you think on this?
14  Bitcoin / Press / [2018-03-16] - PayPal : Bitcoin Is ‘Hedge Against World Falling Apart’ on: March 16, 2018, 05:58:47 PM
https://cointelegraph.com/news/paypals-peter-thiel-longing-bitcoin-is-hedge-against-world-falling-apart

PayPal co-founder Peter Thiel described Bitcoin as “a hedge against the whole world falling apart” in new bullish comments March 15.

Speaking at the Economic Club of New York quoted by CNBC, the Facebook and rumored $20 mln Bitcoin investor said that while he did not foresee Bitcoin fulfilling the role of a currency as yet, its ability to replace gold as a store of value was different.

“I'm not talking about a new payments system,” he said

“It's like bars of gold in a vault that never move, and it's a sort of hedge of sorts against the whole world going falling apart.”

Bitcoin continues to trade around $8000 this week as continued downward pressure from regulators, Google and Mt. Gox sell-offs unsettle markets.

How do you see it?
15  Bitcoin / Press / [2018-03-16] - BTC, ETH See Small Growth After Yesterday’s Fall To Monthly Lows on: March 16, 2018, 03:25:06 PM

https://cointelegraph.com/news/btc-eth-see-small-growth-after-yesterdays-fall-to-monthly-lows

After a drop in the crypto markets yesterday that brought Bitcoin’s (BTC) price down below $8,000 for the first time in over a month, the two biggest coins listed on Coin360, BTC and Ethereum (ETH) have seen slight growth today.

BTC is currently trading around $8,504, up around 2.90 percent over a 24 hour period by press time. ETH is up around one percent by press time, trading for around $617.

Ripple (XRP), which is ranked third on CoinMarketCap, is up by the smallest amount of the top three strongest coins. XRP is trading now for around $0.69, up 0.42 percent over a 24 hour period to press time.

How do you look at it? When the correction is going to end?
16  Bitcoin / Press / [2018-03-15]-Bankers Criticize Crypto, Always Goes Back to the Same Argument: on: March 15, 2018, 07:05:32 PM
https://cointelegraph.com/news/bankers-criticize-crypto-always-goes-back-to-the-same-argument-intrinsic-value

Finance experts in the traditional finance industry often attempt to discredit Blockchain projects and open-source cryptocurrencies like Bitcoin and Ethereum. But, without solid logical arguments, a lot of baseless claims from the finance sector have proven to be ineffective.

In December 2017, Bruce Flatt, CEO at asset management company Brookfield, which is based in Canada and oversees around $250 bln in assets, stated:

“It [Bitcoin] has no intrinsic value. I don’t know what it is. But it has no intrinsic value in our definition of intrinsic value. If someone else wants to speculate on it or invest in it, it’s for them. It’s not for us.”

Banks Will never stop it argument?
17  Bitcoin / Press / [2018-03-15] - Australia Warns of Fake 'Tax Collectors' Demanding Bitcoin on: March 14, 2018, 11:52:16 PM
https://www.coindesk.com/australia-warns-fake-tax-collectors-demanding-bitcoin/

The Australian Taxation Office (ATO) issued a warning about would-be scammers trying to con people out of their cryptocurrency.

Since late last year, scammers have been calling Australians and impersonating the tax office, claiming that the victims owed funds in unpaid taxes, and asking them to pay in bitcoin. So far, more than 50,000 Australian dollars (about $39,400 in U.S. dollars) have been sent to the scammers, according to a press release from the office.

ATO assistant commissioner Kath Anderson said it was "inevitable that scammers would target cryptocurrency," noting its rise to prominence last year. She continued:

"Cryptocurrency operates in a virtual world, and once the scammers receive payment, it's virtually impossible to get it back."

A serious issue to be looked at?
18  Bitcoin / Press / [2018-03-15] - UK Crypto Exchange to Launch Bitcoin Futures Contracts on: March 14, 2018, 10:29:01 PM

https://www.coindesk.com/uk-crypto-exchange-launch-bitcoin-futures-contracts/

A British cryptocurrency exchange is planning to enter the bitcoin futures market.

CoinfloorEX, a London-based exchange founded in 2013, announced Wednesday that it would launch bitcoin futures contracts next month, joining a number of other companies to offer such product to their customers, according to Reuters.

Good move. how do you look at it?
19  Bitcoin / Press / [2018-03-13] - Binance To Launch Decentralized Trading Platform on: March 13, 2018, 11:57:44 PM
https://cointelegraph.com/news/worlds-largest-crypto-exchange-binance-to-launch-decentralized-trading-platform

Binance, the largest cryptocurrency exchange by trading volume, announced that it is officially developing a public Blockchain to create a new decentralized exchange, according a statement on March 13.

Binance’s vision that “centralized and decentralized exchanges will co-exist in the near future, complementing each other” inspired them to develop the Binance Chain, which  will be used for the transfer and trading of Blockchain assets. The move will also push the cryptocurrency exchange toward transforming from a company into a community.

Your thoughts on it?
20  Bitcoin / Press / [2018-03-07] Son Of Wu-Tang Clan’s ODB To Launch Own Coin on: March 07, 2018, 11:47:03 AM
Son Of Wu-Tang Clan’s ODB To Launch Own Coin Via ICO To Support Music, Brand

Hip Hop artist Young Dirty Bastard, the son of late rapper and producer Ol’ Dirty Bastard of the Wu-Tang Clan, is launching his own cryptocurrency in an Initial Coin Offering (ICO), he announced in an interview with Yahoo Finance.

New coin to be launched to support Music!!!

How do you welcome this?

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