Hackers can hack in to the online wallets but first they must gather certain information about you e.g email address and web wallet you are using.
Hacking in to online bitcoin wallets is very hard, it can only be done by professional hackers as you said yourself and most of them don't have the time to be hacking in to the wallets of everybody. I think the only way to save your bitcoins more safer and secure is by using hardware wallets since they are offline, so they are unhackable by any hacker.

I you want to buy bitcoin you are not late even now because the value of bitcoin will grow more in the future.
So, if you are planning on buying more bitcoins now is the right time to buy before the price shoots to the next level.

Yes, I heard it from "Asian Whales Club" channel on YouTube, saying hackers engineered some tool that helped them bypass 2FA security on POLONIEX.
I think the only solution to get rid of this certain issue is by saving your coins in offline/hardware wallet because that will be more safer than web wallet, since hardware wallets are completely offline and no one can have access to it but you and that makes it unhackable at all. 

Easy, dude? South Korea recently banned ICOs but they never banned bitcoin.
I don't why some guys are always confuse the difference between bitcoin and ICO.
Next time whenever you heard something new about bitcoin related news use Google to confirm, please.  

The best wallet to store your coins is offline wallet for maximum security.
For me, I personally using both web wallets and offline wallet for different reasons.
I used web wallet to store small amount of coins for instant buying product online with bitcoin.
And also used offline wallet for saving large amount of coins for long time savings and be more secure since the offline wallet is off the grid.

Bitcoin is like a father to all other cryptocurrencies. Only time will show us if there is a chance of any altcoin to surpass bitcoin. For sure there are some altcoins that have better security and low transaction fee than bitcoin, yet more cheaper e.g Dash, Monero and Zcash. But as I said only time will show us which one.

I think that is left for the China to decide in which world they are living now. Bitcoin will thrive with them or without them
By now they have realized their mistake because bitcoin made more people richer more than anything in China and anything they've ever created!
Saying they banned cryptocurrency exchanges and ICOs in China is almost like banning electricity or mobile phones for their people as investors.
Lucky for them they got their senses back so early... LOL

Never mind these broke journalists! Journalists don't know shit about bitcoin and yet they are the ones talking bullshit about bitcoin on the media every single day. that's funny! I don't know why today's world of journalism is full of scumbags that don't really know anything about the modern world and technology, yet the first people to comment on the things they don't really understand. You should at least understand something fully before you should start talking about it. 

I don't blame you at all because it appears you have so many things to learn about bitcoin for now since you are a newbie.
Bitcoin has so many features and advantages that you can never get it out there from any form of transferring money from one point to another.
And also Bitcoin transaction is fast, secure, low fee and fully decentralized which means you can send and receive money all over the world. no customs, no boundaries and no regulation whatsoever.

Yeah, almost everybody that is in MMO niche knows about Tai Lopez and people don't really like him much, but I think he is a great guy because he helped me a lot when it comes to personal motivations. Tai Lopez is the guy that shows me you can be anybody you want to be if you are willing to invest your time, energy and hard work. Based on my own point of view, Tai Lopez is a great guy that really knows what he is doing and understand how to communicate very well with others. He is successful, smart, and friendly guy. I think people are just hating because of his success.    

Angel investor Roger Ver has placed a $4 million bet that the coins on the SegWit2x blockchain will ultimately be worth more than coins on the original bitcoin blockchain following the proposed November hard fork.

It’s difficult to remember a time when the bitcoin community was not embroiled in a debate about the appropriate way to scale the bitcoin network. That debate has taken numerous forms but currently centers around the disagreement between supporters of SegWit2x and supporters of Bitcoin Core. The war of words — and hashpower — began shortly after the New York Agreement and has escalated throughout the year as November, the scheduled date for the SegWit2x hard fork, approaches.

Litecoin creator Charlie Lee has been one of SegWit2x’s most vociferous opponents. Friday, he put his money where his mouth — and keyboard — is, initiating a chain of events that have ultimately resulted in Roger Ver placing a $4 million bet on the success of SegWit2x.

The saga began when Lee publicly challenged SegWit2x developer Jeff Garzik, ShapeShift CEO Erik Voorhees, and Digital Currency Group CEO Barry Silbert, all SegWit2x proponents, to trade him 250 BTC from the original bitcoin blockchain for 250 BTC from the SegWit2x blockchain following the hard fork. At current exchange rates, this wager equates to more than $1 million.

     Lets do a public 1:1 trade. My Segwit2x 250 BTC for your non-2x 250 BTC after Nov HF. No HF, no trade. @jgarzik @ErikVoorhees @barrysilbert

    
    — Charlie Lee [NO2X] (@SatoshiLite) September 29, 2017

As of the time of writing, neither Garzik, Voorhees, nor Silbert had responded to Lee’s challenge. However, Roger Ver, a New York Agreement signatory who has embraced bitcoin cash, told Lee he would “gladly accept” the offer. “Deal!,” Lee replied.

    Deal!

    — Charlie Lee [NO2X] (@SatoshiLite) September 29, 2017

But Roger Ver did not stop there. His tweet unleashed a flurry of similar offers, three of which he accepted. As he announced on reddit, he will trade 1,000 non-SegWit2x BTC (worth more than $4 million) to Charlie Lee, BitGo CTO Ben Davenport, Chaincode Labs co-founder Alex Morcos, and crypto economist Tuur Demeester, each of whom will purportedly stake 250 coins from the SegWit2x blockchain.

Time will tell which of them live(s) to regret that decision.


Source: https://www.cryptocoinsnews.com/roger-ver-bets-4-million-segwit2x-hard-fork/

European Central Bank ‘Does Not Have Authority’ to Regulate Bitcoin: ECB President

European Central Bank (ECB) president Mario Draghi stated that the agency does not have the authority to regulate bitcoin and other cryptocurrencies.
ECB Does Not Have Authority to Regulate Bitcoin

Draghi made these comments in a meeting of the European Parliament’s Committee on Economic and Monetary Affairs. Although Draghi’s formal statement did not address cryptocurrency, a committee member asked him to reveal what approach the ECB intends to take toward cryptocurrencies, in light of China’s recent ban on initial coin offerings (ICOs), as well as more conciliatory stances from Japan and Mexico, among others.

Draghi replied that the European Central Bank has not yet discussed the implications of cryptocurrency. However, he said that if it later decided to analyze the risks of digital currency, the bank would take the same approach as with all financial innovations: examine the technology’s scale, usage, and impact on the European economy.

He added that it is not within the ECB’s powers to prohibit or regulate bitcoin.

    “Certainly it’s not within our powers to prohibit or to do something of the nature…or to regulate” bitcoin,” he said, “but we didn’t have a discussion on an institutional view of” cryptocurrency.

He added that the ECB’s greatest fear with cryptocurrency and other FinTech projects is the risk of cyber attacks. This latter comment reinforces a recent statement from the European Commission announcing the creation of a pan-European Cybersecurity Agency.

Included within the agency’s directives will be a mandate to “strengthen the ability of law enforcement authorities to tackle [monetary fraud] by expanding the scope of the offences related to information systems to all payment transactions, including transactions through virtual currencies.”
Governments Clarify Positions on Cryptocurrency

Although Draghi declined to issue specific guidance on cryptocurrency usage, many governments have begun to clarify their positions on the growing digital currency ecosystem. China has adopted a strict stance toward cryptocurrency, as evidenced by its blanket ban on initial coin offerings and bitcoin exchanges. Others, however, have been more accommodating.

Earlier this year, Japan adopted cryptocurrency-friendly regulations that have led to a surge in bitcoin adoption within the country. Mexico is working on regulations intended to help the FinTech industry grow at a healthy pace. Malaysia is also reportedly planning to legalize and regulate digital currency usage, potentially introducing millions of new users into the cryptocurrency community.


Source: https://www.cryptocoinsnews.com/european-central-bank-not-authority-regulate-bitcoin-ecb-president/

A rumor has been circulating that claims Amazon will decide to accept bitcoin within the near future, potentially as early as October. Unfortunately, this rumor is based on a misleading blog post and is almost certainly false.
The Rumor: Amazon Will Accept Bitcoin

The report, which was first published by conservative news blog Squawker Media, cites a newsletter purportedly written by entrepreneur and stock researcher James Altucher.

In the newsletter, the author claims complete assurance that Amazon will begin accepting bitcoin payments, initiating a massive disruption in the monetary sector:

I am certain that Amazon WILL ACCEPT Bitcoin. They have no choice. And this will be the tipping point that will create massive generational wealth unlike we’ve ever seen before.

Once this happens, “we’ll see a buying frenzy like never before,” the newsletter continues. “It’ll be like a Black Friday crowd at best buy.”

Moreover, the author speculates that Amazon could make the announcement as early as October 26, which is the date of its next earnings call.
The Facts: This Rumor is the Result of Poor Journalism

However, as CCN has discovered, Squawker misrepresents the source of their article. If the language quoted above sounds like an advertisement, that’s because it is. In fact, the source is actually an advertisement for a subscription to Altucher’s newsletter and cryptocurrency “masterclass.”

When viewed in context, it is clear that Altucher is making a hard sell. He states that he is certain Amazon will accept bitcoin–which very well may be true. However, he does not offer evidence to this effect–other than the trajectory of the crypto markets, nor does he give a specific timetable for Amazon to make the announcement. He states that the company could make the announcement during their October earnings call, but he does not say they will. Most likely, October 26 was just chosen as an arbitrary deadline to give consumers a sense of urgency to obtain their “free cryptocurrency package…and no-risk subscription trial subscription” to Altucher’s newsletter.

Squawker did not immediately respond to a request for comment.
The Reality: Amazon Probably Won’t Accept Bitcoin Anytime Soon

Amazon has long been considered the “white whale” of bitcoin acceptance. As one of the world’s foremost retailers, their decision to accept bitcoin would provide bitcoin with a tremendous credibility boost and would likely increase the rate of mainstream cryptocurrency adoption.

However, Amazon has made no public statements suggesting they will implement bitcoin payments, and frankly there is currently little incentive for them to do so. The company is so ubiquitous that is unlikely they would see a noticeable increase in sales. Amazon’s valuation is nearly four times the size of the combined market caps of all cryptocurrencies, and despite the bitcoin price’s year-to-date surge, its market cap is still more than $15 billion less than the net worth of Amazon founder Jeff Bezos.

Those who are long on bitcoin expect that retail giants such as Amazon will eventually join forward-thinking companies such as Overstock in accepting cryptocurrency payments, but investors should remain skeptical of unverified reports that this will occur in the near future–especially when the person making the claim is trying to sell you something.


Source: https://www.cryptocoinsnews.com/debunked-rumor-amazon-will-accept-bitcoin-fake-news/

North Korean hackers steal bitcoins from South Korea to fund Kim Jong-un's regime!

Cybersecurity firm FireEye said it had traced three attacks on cryptocurrency exchanges in Seoul back to the rogue state this year.

And another company found evidence Pyongyang was using its coal supplies - banned from being exported due to economic sanctions - to power so called "bitcoin mines".

The attacks on South Korea's cryptocurrency took place between May and July last year, and one was successful.

With North Korea being hit with more and more UN sanctions due to its frequent missile and nuclear bomb tests, the country is becoming increasingly cash-strapped.

Experts believe the secretive nation could be targetting bitcoin as a way to circumvent its money worries and continue to build its illicit military arsenal.

Critics have constantly complained that bitcoin makes it far too easy for criminals to launder money.

Jeffrey Dorfman, Professor of agricultural & applied Economics at the University of Georgia, told CNBC: "The ability of regimes like Kim Jong-un's North Korea to mine or steal cryptocurrencies such as bitcoin is a new reason to be cautious in treating these commodities as currencies.

"While rogue states have practiced counterfeiting even longer than they have been computer hacking, counterfeiters are easier to catch.

"Once a cryptocurrency is stolen, it is virtually impossible to stop the new owner from spending it, and doing so in untraceable ways."

Meanwhile, information security firms Recorded Futures and Team Cymru have uncovered activity they believe is bitcoin mining in North Korea.

Bitcoin mining involves supplying huge amounts of electricty to power thousands of computers for "miners" to create fresh bitcoins.

According to Quartz, "the bitcoin network releases 12.5 bitcoins (about $50,000 worth, at the current bitcoin price) every 10 minutes to a miner as an incentive for checking bitcoin transactions and adding them to the cryptocurrency’s immutable, distributed ledger, known as the blockchain.

"Bitcoin mines are generally large server farms containing thousands of machines specifically designed to mine the cryptocurrency."

As North Korea cannot export coal, the website said, "it makes sense that it might put some coal to use generating electricity for a bitcoin mine".

Source: https://www.express.co.uk/news/world/860157/north-korea-bitcoin-hackers-steal-fund-kim-jong-un-south-korea-cryptocurrency

Daring to dream big is part of the deal these days when it comes to pitching a piece of the action on everything from Eminem to Bitcoin.

But before you start seeing dollar signs, know the big risks associated with buzzworthy deals. After all, everyone’s looking for the next cutting-edge thing but don’t lose your money in the moment.

Royalty Flow is a new enterprise that's aiming to "acquire and manage royalty interests in media assets," according to its website.

We're not looking at anything near the frenzy of Bitcoin. But Royalty Flow's "mini-IPO" is building buzz with talk of acquiring royalties from Eminem's recording catalog from 1999-2013 — including the iconic Marshall Mathers LP released in 2000.

"Because of streaming, we believe that the music industry is on the cusp of a bull market that hasn't been seen since the invention of CDs," states Royalty Flow, which is a subsidiary of Royalty Exchange, an online marketplace for music and media royalties.

Finding a hot idea, such as digital music streaming or virtual currency, seems appealing during the height of a bull market as the Dow Jones Industrial Average trades well above 22,000.

What hip-hop investors need to know is that the Royalty Flow deal isn't a typical stock offering. It's an SEC-registered Regulation A+ offering, which went into effect in 2015 to offer a streamlined process that enables upstarts to raise up to $50 million from investors.

The Royalty Flow deal isn't a Kickstarter project. But it's not a stock offering that will undergo more rigorous regulations at the state or federal level, either.

Offering documents will be reviewed by the Securities and Exchange Commission before the company is allowed to sell securities.

Royalty Flow’s offering would begin after the SEC qualifies the filing, which the company expects will happen later in October.

The parent company, Royal Exchange, would own a minimum of 20% of Royalty Flow. But ordinary investors, like you and me, could very much be part of the deal. The company said the minimum investment is $2,250 for 150 shares or $15 a share.

Fans who are interested can go to royaltyipo.com. No money is being solicited now.

The company's fund-raising target is $11 million to $25 million.

Not surprisingly, it helps if a "mini-IPO" has popular appeal, such as hit songs. On the upside, more superstars could come on board at some point, too.

The latest move brings back memories of the old "Bowie Bonds." David Bowie raised $55 million in 1997 by turning to Wall Street to roll out a bond deal involving royalties from his back catalog.

But Eminem is not involved in this offering and has no connection to Royalty Flow, according to a statement that Dennis Dennehy, Eminem's spokesperson, provided to NPR.

But there are Eminem-specific risks in the Royalty Flow campaign.

Something out there could damage Eminem's reputation — and cut into the cash generated through royalties.

What happens if his music is no longer popular?  The cash flow can be highly unpredictable, according to Nanalyze.com, an investment forum.

Kat Liu, research analyst at the Chicago investment firm IPOX Schuster, said the risks to investors are higher with Regulation A+ offerings because the mini-IPOs do not have to comply with state blue sky laws that regulate the offering and sale of securities to protect the public from fraud.  

As for specific risks associated with Royalty Flow, Liu noted that the company will need to acquire more catalog and media assets in addition to Eminem's catalog. Proceeds from the mini-IPO will be used to buy up to 25% of Eminem music royalty rights from producers Mark and Jeff Bass, the brothers who signed the rapper in 1995.

Shares are to be listed on a public stock exchange — possibly NASDAQ or an over-the-counter exchange.

But Liu said the investment itself is likely to be valued more on any future potential dividend payout, not stock growth.

Experts in the Regulation A+ space note that you're not looking at any short-term pop in value, as you might with a typical IPO.

Sallie Jian, vice president for SeedInvest in New York, said investors may need to wait five to 10 years to see shares climb in value.

The potential for making more money exists much later when the company might go through the process for a traditional IPO, repurchases shares or take part in a merger or acquisition, she said.

Read more:

Eminem music shares to hit the stock exchange, as producers line up unique deal

You can lose big on complex investments

Big dreams, of course, aren't limited to the royalties of rappers. We're hearing plenty of buzz about Bitcoin and ICOs — or initial coin offerings — too.

But the Financial Industry Regulatory Authority has issued an alert about the risk of investing in a company trying to raise capital to create and distribute virtual coins. Some ICO pitches may be from unlicensed individuals, according to the SEC.

The Bitcoin buzz is huge — so huge that Yale economics professor Robert J. Shiller, who spoke at the University of Michigan Ross School of Business on Sept. 14, told me then that he'd say Bitcoin was in a speculative bubble.

Bitcoin is a digital currency, created in 2009, that can be used to buy goods or services with relative anonymity and without the need for a central authority, such as a bank or government.

Bitcoin has skyrocketed in value from $1,000 in early 2017 to around $4,165 in late September.

But Shiller, a Nobel Prize winning economist, is worth listening to since he successfully warned of the dot-com stock bubble in his book "Irrational Exuberance," published in March 2000. Shiller is also credited with being able to call the housing bubble well in advance.

Shiller wrote in his column in the New York Times in September that conversations in the financial universe about Bitcoin have gone viral twice, once in 2013, and again this year. But Bitcoin's total market value is less than $100 billion, so Shiller wrote that potential problems in the virtual coin market aren't likely to impact the vastly larger stock market.

But realistically, we're talking about digital angst here, new technologies and a wonderful opportunity for con artists to dupe investors with some virtual currency offerings.

Buzz is one thing — but it's never enough of a reason to part with your money.


Source: http://www.freep.com/story/money/personal-finance/susan-tompor/2017/10/01/eminem-bitcoin-buzz/712105001/

Hi Sergei,

I told you I saw an error on the Facebook spreadsheet and you haven't fix it, why?

Update the error, please: https://bitcointalk.org/index.php?topic=2176546.msg22334196#msg22334196

Thank you for understanding.


Regards,
cybersofts
 

The Guy Who Called Bitcoin a Bubble Now Wants to Help You Store It

Back in the spring, Roy Sebag’s precious metals investment firm Goldmoney Inc. dumped millions of dollars in bitcoins, calling the digital money a bubble. Now he wants to sell you cryptocurrency trading and storage services.

Sebag, who had originally named his Toronto-based company BitGold Inc. when it was founded in 2014, claims he’s not back-tracking. He’s bearish because he expects regulation to weigh on prices as the market matures. Cryptocurrencies fell in overnight trading after South Korea banned initial coin offerings.

“For the industry to succeed, it needs to be regulated, and once it is, prices won’t go up like this anymore,” Sebag said in an interview. “What we’re saying is, you guys want this industry to grow up? Then it needs to have standards, it’s got to be auditable and insurable. What I’m excited about is moving the industry in the right direction.”


Source: https://www.bloomberg.com/news/articles/2017-09-29/the-guy-who-sold-10-million-bitcoin-wants-to-help-you-store-it

Bitcoin traders have got a couple of things right lately. The digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to the market, while limiting the supply of new coin offerings.

Most cryptocurrencies traded sharply higher on Wednesday, following recent news that U.S. and Japanese regulators are getting serious about writing the rules for the cryptocurrency markets. Bitcoin prices held above the $4,000-mark, close to 30% above the recent low.

Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/27/bitcoin-prices-firmly-above-4000-without-china/#27e3bb7e6149

Noted whistleblower Edward Snowden has come out in support of the privacy-oriented cryptocurrency zcash, calling it the "most interesting alternative" to bitcoin.

Writing in response to a tweet from technologist Mason Borda which read: "Zcash is the only altcoin (that i know of) designed and built by professional and academic cryptographers. Hard to ignore," Snowden replied, "Agree."

He continued: "Zcash's privacy tech makes it the most interesting Bitcoin alternative. Bitcoin is great, but "if it's not private, it's not safe.'"

Snowden is a prominent privacy advocate and is most well known for his massive leak of classified NSA documents in 2013. Asked for his thoughts on monero, a competing private currency, Snowden said it was "amateur crypto" and pointed to traceability issues within the tech.

Snowden said that such design errors could put fellow whistleblowers at risk, stating: "Mistakes happen and have huge consequences for people like me."

The statements fed into the existing rivalry between the competing currencies. In the resulting flood of Twitter responses, Monero developer Richard Spagni strongly defended his project's technology, while the creator of litecoin, Charlie Lee, stated: “I own Monero but not Zcash”.

Zcash and monero are both geared towards providing privacy for their users, but use different tools to – arguably it seems – achieve the same end result.

While zcash is based on a cryptographic operation called zk-snarks, monero works by obfuscating information with ring signatures and stealth addresses.


Source: https://www.coindesk.com/edward-snowden-zcash-is-most-interesting-bitcoin-alternative/

The cryptocurrency markets ended the week on a high note following Korea’s ICO ban, indicating that, at least for now, traders are not worried about the government’s posture toward cryptocurrency. The markets were buttressed by positive news from the Japanese government, enabling the ethereum price to climb to $300 and the bitcoin price to approach $4,300.



Earlier this week, Korean regulators announced a ban on initial coin offerings (ICOs). While some reports indicated the prohibition was a blanket ban — such as the one enacted by China — residents still appear to be able to contribute to foreign ICOs and trade for those tokens on exchanges. Consequently, news of the ban only had a minor effect on the markets, and they quickly recovered from that dip.

Hastening the recovery was an announcement by Japan’s Financial Services Agency (FSA) that 11 Japanese bitcoin exchanges — including bitFlyer, one of the highest-volume bitcoin exchanges — had received licensure to continue to operate within the country. Japan has positioned itself as a central hub within the Asian cryptocurrency ecosystem, and this announcement reaffirms that the country will play a prominent role moving forward.


Source: https://www.cryptocoinsnews.com/ethereum-bitcoin-prices-end-week-high-note/