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41  Bitcoin / Press / [2016-11-13] Markets Monthly: Bitcoin Tests 2016 Highs as Investors Seek Privacy on: November 13, 2016, 03:10:11 PM
It may seem ironic, but privacy dominated the public digital currency discussion in October.

Spurred by a growing awareness that bitcoin is not as anonymous as it has been advertised by banks and regulators, innovators and speculators are now seeking to capitalize on what they see as an opportunity to create new products for developers and new value for investors.

Propelling this debate to the forefront was the debut of a long-in-the-making blockchain project called Zcash, which generated significant visibility (not to mention market activity) by leveraging claimed advances in bleeding-edge cryptography.

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42  Bitcoin / Press / [2016-11-13] Roger Ver: If IRS is Trying to Tax Bitcoin, That Seems Like Accep.. on: November 13, 2016, 03:07:06 PM
In a reaction to the U.S. government’s renewed commitment to tax Bitcoin transactions, the owner of, Roger Ver, says that while he’s not a fan of taxes and the IRS, he thinks it is a strong sign Bitcoin has come to stay, and governments are coming to terms with that.

Mainstream adoption

While the crypto entrepreneur doesn’t agree that taxing is good for the community, he affirms that it is an indication of mainstream adoption.

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43  Bitcoin / Press / [2016-11-13] Bitcoin's Security Model: A Deep Dive on: November 13, 2016, 03:04:09 PM
When discussing consensus mechanisms for different cryptocurrencies, one issue that often causes arguments is a lack of understanding (and definition) of the security model that they provide for the historical data in the ledger. While each consensus model aims to prevent various theoretical attacks, it’s important to understand the goals for the model.

Every security model has two main parts: assumptions and guarantees. If the assumptions used as inputs hold true, then so should the guarantees that are output by the model.

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44  Bitcoin / Press / [2016-11-13] Donald J. Trump Appoints Bitcoin Investor Peter Thiel to... on: November 13, 2016, 02:58:15 PM
A page in the book of history has turned, and there is an opening to think about some of our problems from a new perspective,” the gay Bitcoin enthusiast, Peter Thiel, who will serve on Donald J. Trump’s presidential transition team, told the New York Times after the election. “I’ll try to help the president in any way I can.”

Since Donald J. Trump assumed the role of president-elect in last Tuesday’s U.S. election, much scrutiny has been put on his statements and team as the transition begins between President Obama and Mr. Trump.

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45  Bitcoin / Press / [2016-11-13] Global Desire for Change Positions Bitcoin for Imminent Surge... on: November 13, 2016, 12:20:23 PM
The global desire for change seems to be growing. It looks like the people just want something different, no matter what. These recent developments  have coincided with the recent rise in Bitcoin price and awareness.

Examples include events such as Brexit, the U.S. elections and even the general elections in Nigeria, after which Bitcoin awareness has become overwhelming in the African nation.

“History has shown us many times that when the economy and the official currency have struggled, people were seeking alternatives,” says Alena Vranova, co-founder and CEO at SatoshiLabs.

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46  Bitcoin / Press / [2016-11-13] Will Trump’s Presidency Spell Good News for Bitcoin? on: November 13, 2016, 10:42:05 AM
The election of Donald Trump as the next president of the United States has evoked few mixed feelings among the population, but will he be good for Bitcoin?

Will Bitcoin emerge as a winner in the United States following the election of Donald Trump as the 45th President of the United States? A significant number of US residents are not happy with the outcome of the recent elections which has created an uncertainty in the market, in turn, reducing the confidence among traders and investors. However, Bitcoin has emerged as a winner in this scenario.

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47  Bitcoin / Press / [2016-11-13] South Korean Bank Creates Cross-Border Bitcoin Service on: November 13, 2016, 10:30:54 AM
One of the oldest banks in South Korea, Shinhan Bank, has revealed it will launch a cryptocurrency remittance service using Bitcoin. A joint effort between the bank and Streami Inc. will oversee the cross-border service between Korea and China.

Shinhan Bank and Streami Plan to Launch South Korean Bitcoin Remittance Platform

According to Pulse, Shinhan Bank will be the first major financial institution in the region to utilize the Bitcoin blockchain. Streami Inc. is a blockchain remittance middleware and infra provider that aims to ensure secure and cheaper cross-border remittance. Additionally, Shinhan Bank helped lead Streami’s investment round last year and the two organizations formed a partnership.

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48  Economy / Services / Restore any deleted email account in hotmail or live or outlook for 0.001 BTC on: November 12, 2016, 10:21:51 PM
I can Restore and create any deleted email account Microsoft in hotmail or live or outlook for just 0.001 BTC.

For more info send me PM.
49  Bitcoin / Press / [2016-11-12] US Treasury Says IRS Needs to Monitor Bitcoin For Tax Purposes on: November 12, 2016, 04:13:22 PM
The Treasury Inspector General for Tax Administration recently released a paper on taxation of virtual currencies including Bitcoin, officially requesting the IRS to provide guidance for tax treatments of digital currencies and develop a strategic approach.

Based on the 2014 tax guidance for virtual currencies released by the Internal Revenue Service (IRS), digital currencies like Bitcoin are considered labeled as property for tax purposes.

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50  Bitcoin / Press / [2016-11-12] Major Bitcoin Exchanges are Targeting Africa as Next Big Market on: November 12, 2016, 04:11:48 PM
BitPesa’s efforts to introduce Bitcoin to largely underbanked populations in several African countries have paved a path for other Bitcoin startups and platforms.

An increasing number of Bitcoin exchanges are beginning to expand their services to the African market, hoping to provide higher liquidity and favorable conversion rates.

African payment, remittance and financial markets are largely dominated by local remittance outlets, banks and mobile networks. Safaricom’s mobile phone-based remittance and microfinancing network in particular has a staggering 86 percent share of the Kenyan market, completely eliminating banks, financial institutions and other money transfer companies from its market.

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51  Bitcoin / Press / [2016-11-12] What's Left Before Bitcoin's Lightning Network Goes Live on: November 12, 2016, 04:09:08 PM
There aren't many steps left before bitcoin's Lightning Network will be finished – or at least an early version of it.

The big picture looked starkly different a year and a half ago when developers Joseph Poon and Tadge Dryja first put forth a white paper outlining a way to expand bitcoin to accommodate millions of transactions per second. It was a cool idea to use hashed timelock contracts (HTLC) to build a top-layer to bitcoin that didn't require any extra trust in intermediaries, but there wasn’t a clear-cut path forward from the theoretical.

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52  Bitcoin / Press / [2016-11-12] Blockchain Startups Look To Profit From Marijuana Election Results on: November 12, 2016, 02:13:29 PM
Tuesday saw eight of nine states, where cannabis legislation was on the ballot, approve initiatives for cannabis regulation either medicinally or recreationally. There are numerous blockchain-facing startups and crypto-currencies who stand to benefit from the normalization of marijuana. In the wake of Tuesday’s “green letter day” for cannabis legislation, we put together a list of some of those blockchain companies in the best position to prosper from the so-called “green rush.”

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53  Bitcoin / Press / [2016-11-12]Cashless Chaos: Life Comes to a Halt in Cash Starved India,BTC can.. on: November 12, 2016, 02:08:43 PM
Cashless Chaos: Life Comes to a Halt in Cash Starved India, Bitcoin Can Help

We are living in a brave new world here in India. Enough has been written about the “end of cash” and how there will be a day when we will all be using digital money. Well that future has arrived for the one bln plus people of India.

Ever since the demonetization of the Rs. 500 and Rs. 1000 banknotes on the midnight of Oct. 9, 2016, life has turned into a ghastly nightmare for billions of teeming masses. Things that we took for granted have become a challenge, not unequal to climbing the highest of Himalayan peaks. Welcome to cashless chaos, the story of a demonetized India.

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54  Bitcoin / Press / [2016-11-12] Will Bitcoin Replace Swiss Bank Accounts as Next Safe Asset? on: November 12, 2016, 02:02:42 PM
Despite its volatility, Bitcoin has been the best performing currency in the world for 5 of the past 6 years. The rapidly increasing value of the digital currency and its decentralized nature have led it to be considered as the global safe asset for investors and traders.

For decades, Swiss bank accounts were the ideal global asset for most entrepreneurs and investors, due to its anonymity and privacy. Prior to the formation of a contract between the EU and Switzerland, anyone could open Swiss bank accounts, store funds and be free of all tax obligations.

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55  Bitcoin / Press / [2016-11-12] China’s Online Insurer ZhongAn Launches Blockchain and AI Incubator on: November 12, 2016, 08:02:48 AM

As China continues applying the pressure of becoming the number one FinTech country, ZhongAn, an online property and casualty insurance company has announced the creation of an incubator designed to focus on blockchain and artificial intelligence (AI), further boosting the country’s intentions of becoming number one.

Founded in 2013 by Ant Financial, which was one of the four Chinese companies that made it in the top five annual FinTech 100 report this year, the China-based online insurance company will explore the technology through its ‘ABCD’ plan, which will focus on four areas: AI, Blockchain, Cloud Computing, and Data Driven technology.

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56  Bitcoin / Press / [2016-11-12] Bitcoin Casinos Are Changing Online Gambling Forever on: November 12, 2016, 07:10:14 AM
Bitcoin casinos are really trending right now, and it’s something that probably won’t be a fad and continue to grow. The topic of Bitcoins has been in the news a lot in the past few years and combined with Donald Trump as president; the currency has shot back up in value as people look to diversify their investments and equity. Bitcoin certainly is an interesting alternative for using the traditional credit cards, direct banking or e-wallets to deposit and withdraw from a casino but you can now add Bitcoin to that list as well.

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57  Bitcoin / Press / [2016-11-12] DOJ Assistant Attorney: US Government Realized They Can’t Shut Down on: November 12, 2016, 07:06:17 AM
DOJ Assistant Attorney: US Government Realized They Can’t Shut Down Bitcoin

Kathryn Haun, Assistant Attorney for the US Department of Justice in San Francisco, admitted in an interview that cryptocurrency bitcoin could not be shut down.
Haun is also a lecturer on digital currencies at Stanford Law School, and responsible for prosecuting her own corrupt colleagues Carl Mark Force and Shaun Bridges during the Silk Road case. She admitted that in 2013, the US Government did not shut down the cryptocurrency since they “recognized you can’t shut down bitcoin.”

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58  Bitcoin / Press / [2016-11-12] Feds Charge Florida Man With Bitcoin Link To Massive JPMorgan Hack on: November 12, 2016, 06:41:53 AM
A Florida man is the latest individual to face criminal charges in connection with what U.S. prosecutors say was an illegal bitcoin exchange. The exchanged was owned by an Israeli accused of being behind hacking attacks on companies including JPMorgan Chase & Co. Ricardo Hill was arrested last month in Florida.

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59  Bitcoin / Press / [2016-11-11] How BigCommerce Integration Could Bring Bitcoin to eBay on: November 11, 2016, 07:37:53 PM
Though eBay does not accept Bitcoin directly as a form of payment, its jointly developed integration with BigCommerce may expose over 165 mln of its active buyers to the top digital currency.

The two companies announced the availability of the new integration on Thursday, Nov. 11 as a way to enable BigCommerce merchants to select products from their catalog and begin selling to millions of eBay users, without the need for third-party apps or custom development.

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60  Bitcoin / Press / [2016-11-11] Theo Chino: NY Authorities Are Using Bitcoiners in New York... on: November 11, 2016, 07:34:14 PM
Theo Chino: NY Authorities Are Using Bitcoiners in New York as Guinea Pigs

Bitcoin entrepreneur and software developer Theo Chino, has accused the New York Department of Financial Services of using Bitcoiners in New York as guinea pigs.

The New York businessman has filed a petition at the Supreme Court of New York, challenging the mandate of the New York Department of Financial Services.

Process burdensome and expensive

In his claim, filed by the Ciric Law Firm PLLC, Theo alleged that the New York Department of Financial Services acted illegally and arbitrarily, and exceeded its regulatory power when it promulgated its controversial “Virtual Currency” regulation in 2015 - Part 200 of Chapter 1 of Title 23 of the New York Codes, Rules and Regulations.

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