https://captainaltcoin.com/first-liechtenstein-bank-directly-sell-cryptocurrencies/Bank Frick has made it possible to trade five crypto currencies with immediate effect, as the Liechtenstein-based bank announced on Wednesday.
Professional investors and financial intermediaries can invest in the digital currencies Bitcoin, Bitcoin Cash, Ether, Ripple and Litecoin once a day via the Frick platform. Cornerbank, Falcon, IG Bank, Leonteq, Swissquote and Vontobel already offer similar services in Switzerland.
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From 9:00 AM to 3:00 PM, BTC price changes by 1%, it's really driving me crazy.
Maybe chill and stop watching the price all the time? Until there is some big news, bitcoin won't move much either way. So take a few days off and recharge your batteries.  |
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Why not rather say... Companies like IBM / Microsoft / Overstock are using Crypto currencies.  All they really use is Bitcoin... None of them are really using cryotocurrencies. They don't seem to understand that there is no point to a private blockchain - it's meant to be a distributed ledger. If it's private you might as well save costs and just keep your existing MySQL database. And you can't have a blockchain without a coin, it's the mining and sending of coins that builds the distributed ledger |
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Not surprised. I think bitcoin's media attention and popularity was at it's peak on December; having frequent news about bitcoin and it's ATH price. Probably caused a lot of people to register on Coinbase and buy some crypto.
Especially as the other exchanges were overwhelmed and closed to new members, and some exchanges like Kraken were buckling under the strain and producing 520 errors, till they managed to finally fix things in the new year. You have to give Coinbase credit - they were the only ones prepared for the surge of new people. |
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This could be a possibility, only as a part of the deal with Circle as Poloniex wouldn't just delist three big coins which have been doing pretty decent over the years. Trade volumes are also considerably large and they wouldn't want to be missing out on the profit they make on fees.
Apparently Poloniex was in the SEC's crosshairs and they only agreed not to take action when they were assured by Circle that Poloniex would file for regulatory approval. See https://www.reddit.com/r/BitcoinMarkets/comments/80pz71/leaked_sec_agreed_not_to_pursue_enforcement/As part of that approval, they may delist coins that can't be tracked, and list some others that can. If I were the developers on Monero, Zcash and Dash, I'd be rushing to get listed on the decentralised exchanges, just in case. |
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Right and i just read that he got 33% from bitcoin alone. LOL. That's why I really doubt what's his real intentions are. I wouldn't invest on such coin. There too much question surrounding the man. Is he really trying to circumvent and used it a backdoor to US led sanctions? Or are there more compelling reasons? He should deal with the deal with the current economic, political and financial issues of his country. Or better yet, he must step down and concede that the populace deserves better and not using 'petro' cryptocurrency as reasons for him to cling to the power.
He has run out of money, and he sees greedy foolish people investing in shitcoin ICOs and thinks, "I'm going to get some of that money". It's that simple. And it appears the strategy is working - look at the people on this thread cheering and suggesting people should invest! They might as well set fire to their money, because they won't see any of it back. Maduro is a crook. |
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I think it depends on whether the name conjures up good feelings and has good associations for members of the public.
I remain astonished that Bitcoin Gold is doing as well as it is, for example. I can only surmise that it's because users like the name "gold" and think it's safer than bitcoin itself.
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https://www.theverge.com/2018/2/27/17058306/coinbase-bitcoin-cryptocurrency-revenueThe digital currency exchange and wallet service Coinbase, founded in 2012 and backed by Silicon Valley investors, recently told shareholders that it booked $1 billion in revenue in 2017. A new independent analysis says about 43 percent of that came in December when the price of bitcoin was surging, and the company’s revenue has plummeted since then.
“By no stretch of the imagination are they continuing that same trajectory,” says Jonathan Meiri, CEO of Superfly Insights, which analyzes data about consumer behavior. “There is a rise up in December. It’s not like it stayed on this plateau into January, February. It came crashing down.”
Superfly Insights’ Coinbase analysis is based on anonymized and aggregated data from user email receipts from about 25,000 users through 2017 and the first six weeks of 2018, Meiri says.
The 43 percent figure lines up with what investors told Recode in January: Coinbase was expected to do about $600 million in revenue over the course of the year, but “bitcoin’s run between Thanksgiving and Christmas boosted the company’s 2017 revenue to over $1 billion.” Coinbase will be crossing it's fingers that bitcoin's price surges back up to $20,000 this year.
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https://www.cryptonewsbulls.com/2018/02/28/rabobank-rabobit-announces-crypto-wallet/Aaaaand another bank bites the dust. This time it’s Dutch multinational bank Rabobank that jumps on the cryptocurrency bandwagon. The Utrecht headquartered Rabobank announced an integrated cryptocurrency wallet called Rabobit. According to the brand spanking new website it will become a wallet that’s “hosted by a trusted party and within the secure online banking environment”. I think some banks are realising that they either embrace crypto and offer online wallets themselves, or Coinbase will take over the space and do to them what Amazon did to the retailers.
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http://uk.businessinsider.com/law-enforcement-problems-with-monero-zcash-dash-cryptocurrencies-2018-2?r=US&IR=TPolice cryptocurrency experts at Europol and London's Met Police told Business Insider that a subset of cryptocurrencies are associated with criminality.
Monero, zcash and dash have all raised flags.
These three currencies have extra privacy features which can frustrate investigations.
Exchanges which deal in these currencies are also less likely to cooperate with law enforcement. I wonder if we'll see exchanges like Poloniex drop Monero and Dash, as part of their deal with Circle?
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Cryptocurrency is just a tool. It's neutral. It's just bits and bytes on the interwebs.
It's less likely to be used for bad actions than cash, because the blockchain is public and traceable, unlike cash.
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It's a waste of money. Just look at the record of the Venezuelan government - they have literally looted their country, siphoned off oil reserves, seized property, not paid wages (and jailed workers for protesting that they weren't being paid).
Everything screams "kleptocracy". You might as well flush your money down the toilet and you'll get the same return as you would from investing in this scam coin.
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At the end of January, Taiwanese capital Taipei had announced that they intended to turn into a ”smart city,” utilizing Blockchain for providing technological advances like pollution sensors and health history tracking to citizens by partnering with IOTA.
This sounds like very good news for IOTA, and good news for Taiwan as well, if they get to do things like pollution tracking more efficiently than they do now. |
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https://www.bitwala.com/bitwala-bank-account-coming-soon/Bitwala accounts will be the perfect solution for those seeking secure and crypto-friendly banking services. We’re hard at work to launch an online bank account that combines all features of traditional banking that you are familiar with an entirely new crypto-first current account.
You will be able to buy and sell cryptocurrencies alongside managing your daily expenses and setting up direct debits.The best of both worlds, all in one place.
This is exactly how I figured banks would enter the space. Custodial cryptocurrency wallets and fiat broker interface linked to your bank account. Bitwala is the first to break into this market.....good on them. They're sort of like the first generation of exchanges (who are apparently now being bought by Goldman Sachs and the like). Good for onboarding new adopters. I'll probably stick with the status quo for a while until a reputable US bank starts offering this kind of service. The traditional banks seem slow to enter the space, so I reckon the "new" banks will be companies like Bitwala and Coinbase. By the time the traditional outfits wake up to what is happening, Coinbase will have achieved Amazon like dominance over the space. |
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Ethereum is more of a threat to JP Morgan than bitcoin. A regulated ICO platform would allow legit businesses to raise new capital easily without paying eye-watering fees to the likes of JP Morgan to create an Initial Public Offering (IPO).
The bulk of JP morgan's fees come from IPO fees, forex dealings and from investment banking fees. Ethereum takes the leg out of the first.
And then there is bitcoin, which means you don't need to bother with forex.
JP Morgan is looking at a shrunken future.
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I think most people are assuming that the next 50 years will be like the last 50 years, just with more connectivity and more stuff online (including currency).
But what if there is a world war, or a plague or some other disaster? In 1914, most people thought the future was like the past - increasing industrialisation, wealth and peace. Instead they ended up with two bloody world wars with more than 20 million dead.
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We have no evidence that they've raised $735 million. Their coin is not trading on any exchange.
Meanwhile Maduro's thugs are arresting people who are doing bitcoin mining and stealing their equipment and their coins. This is hardly the action of a country that supports cryptocurrency.
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I think bitcoin is going to break out to the upside. Look at the following image:  It's been trading within a narrow channel that points downwards - but has just broken the upward wall of the channel. To me that signals a break upwards. If it had broken through the left hand wall downwards, that's when a big dip would have happened. |
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According to the following article, the SEC told Poloniex they'd drop action against them if they got acquired by someone else: https://cryptocomes.com/leaked-sec-agreed-not-pursue-enforcement-action-against-poloniex-if-acquired-circleThe SEC agreed not to pursue any legal action against Poloniex if the exchange was acquired by Circle, according to a leaked PowerPoint slide. Nathaniel Popper of the New York Times posted a screenshot of the leaked slide on his Twitter feed today
Poloniex has made a name for itself as one of the top markets for altcoin trading, spending much of the first half of 2017 as the top crypto exchange in the world, by volume. That spot has since been taken by Binance, but Poloniex is still relevant, particularly in altcoin trading. Of note is the fact that much of Poloniex’s business comes from the trading of ICO tokens, which according to the SEC, may, in fact, be unregulated securities.
The leaked slide states, in part:
“Circle has briefed the SEC on the transaction and indicated that upon closing that we will begin the process of registering the new entity with the SEC and FINRA as a Broker/Dealer and in turn as a licensed ATS (electronic trading marketplace).”
The document continues, saying that “the SEC was very favorable on this approach.” Furthermore, the SEC apparently “indicated that they would not pursue any enforcement action for prior activity.” |
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