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Author Topic: How is Nilecoin successful?  (Read 822 times)
NileCoin ICO (OP)
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April 16, 2018, 04:29:14 AM
 #21

Today April 16, Bitcoin price has bounded over $8,100.00

According to CoinMarketCap, Bitcoin is trading at $8,147.05 with an increase of 20% within a week. This is the highest price recorded since Mid March. The total market capitalization will reach 350 billion USD in 2 months after it has been recorded at 335 billion USD.
Bitcoin is predicted to keep increasing in price and NILECOIN price will surely increase, too. Let’s wait and see.

NIL
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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April 19, 2018, 02:58:03 AM
 #22

The largest Bitcoin Exchange in the world
💫💫💫💫
Recent data from the Japan Financial Services Agency show a great interest of Japanese investors in crypto, with 3.5 million active traders in the country.

The survey was conducted from 17 Japanese Crypto Exchange, indicating that the most traded crypto was BTC, ETH, XRP, BCH, and LTC. Most crypto traders are between the ages of 20 and 40, of which 34% are in their 30s.

Over the past three years, the value of Bitcoin has risen from $ 22 million in 2014 to $ 97 billion in 2017. At some point in the same period, investors witnessed an unbelievable rise from $ 2 million to $ 543 billion. This could be the Golden Mark for both Bitcoin and Cryptocurrency Exchange.

Japan is currently the world's largest Bitcoin trading market. The Government also has their eyes and hands over the Crypto Exchange, maintaining sustaining growth in a controlled environment. Certainly, Japan will be the most promising market for the bright future of Cryptocurrency.


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April 21, 2018, 03:33:54 AM
 #23

Announcement:  Opening Internal Exchange

Dear Nilecoin Investors,
- Nilecoin Internal Exchange will officially open on April 20th, 2018, serving the purpose of trading BTC and ETH.
- Also, we are delighted to send you a guidance about  NIL Exchange operations:
Link tutorial: http://nilecoin.org/document/how-to-trade-on-nil-exchange.pdf?v=1
- NIL Internal Exchange will be integrated into the Nileoffice system, which will also be added some new feature. Please visit https://www.nileoffice.com  to make a transaction.


Best regards,
NilecoinTeam
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April 24, 2018, 03:00:16 AM
 #24

India’s Central Bank has been taken to court due to its cryptocurrency crackdown
___________________
India’s complicated relationship with cryptocurrencies and firms dealing with them has now reached the courts.

On April 22, the Delhi high court issued a notice to the Reserve Bank of India (RBI) after a petition challenged the banking regulator’s April 06 order barring lenders from doing business with cryptocurrency exchanges. The RBI directive told banks to wind up their existing business relationships with such firms by July this year, signalling the end of the road for several entities in the Indian virtual currency ecosystem.

The petition was filed by Kali Digital Eco-Systems, which had plans to launch its own cryptocurrency exchange, CoinRecoil, in August 2018. The Ahmedabad-based firm has challenged the RBI order on two grounds: Under Article 19(1) (g) of the Indian constitution, which allows citizens to enjoy the right to carry on any occupation, trade, or business; and Article 14, which prohibits discrimination and mandates equal protection under the law for all.

Besides the banking regulator, Kali’s petition also includes the government of India and the goods and services tax (GST) Council. The petition states that it’s the government that has empowered the RBI to take such drastic measures against exchanges, and the GST Council hasn’t yet formulated the requisite rules for digital currencies, causing the present situation to arise.

The next hearing of the case is scheduled for May 24.

The Narendra Modi government, meanwhile, has set up a committee under Subhash Garg, secretary of economic affairs in the finance ministry, to prepare a draft law for bitcoin and other cryptocurrencies. The panel’s report is likely to be submitted by March 2019.

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April 27, 2018, 01:51:44 AM
 #25

Bitcoin moves at a rapid pace - Good news for investors
___________________
Bitcoins are trading at $9.246,95.
Many analysts have conducted the same statement that Bitcoin's decline in the past two months is caused by investors selling a large amount of cryptocurrency to pay off taxes for last year profit. Fundstrat Global Advisors' Tom Lee estimates that US households need to pay $ 25 billion (tax) to the tax department. He predicted that Bitcoin would recover after the tax day ended and the peak will be around $ 20,000.

Lee also said in a note for investors that " the U.S. tax day is behind us (April 17th) and since then, the overall tone in the crypto market has improved. We believe the ‘winter’ is ending for Bitcoin, as the crypto to fiat pressures from tax day subside, and as headline risks seem to be fading .”

In addition, Bitcoin increased sharply is partly because of loosening policies and open investment environment from major financial institutions in the world.

" policymakers should keep an open mind and work toward ­­an even-handed regulatory framework that minimizes risks while allowing the creative process to bear fruit," statemented in an article from The Guardian by Christine Lagarde, chief executive of the IMF.

Lagarde has presented this recommendation in IMF's annual meeting this week in Washington, amid regulatory authorities in many countries are still figuring out how to manage the Cryptocurrency - the type of asset designed to transact without the need of authorizing of any Central bank.

#NIL
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April 30, 2018, 01:50:29 AM
 #26

Dear Nilecoin Investors
Nilecoin Internal Exchange has been open for almost a week now, do you have any difficulty using it?
For those who have yet known, Nilecoin Internal Exchange is integrated into the Nileoffice system as mentioned in our latest announcement. Please visit https://www.nileoffice.com to make a transaction!
-If you have any questions, please let us know by sending emails to support@nilecoin.org. Thank you!
-Nilecoin Internal Exchange Guidance: http://nilecoin.org/document/how-to-trade-on-nil-exchange.pdf?v=1

NilecoinTeam
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May 01, 2018, 03:11:41 AM
 #27

The team members should be listed on the website. It's hard to totally believe when I do not have a good know about the team - that should be the first thing on the website.
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May 09, 2018, 03:40:27 AM
 #28

Binance CEO support ICOs
-----------------
Changpeng Zhao, CEO of Binance, claimed that ICOs are the easiest way to crowdfunding and expressed his support for ICO.

Changpeng Zhao also said that ICO works better than the traditional one.

He stated that "ICO can raising fund 100 times easier than traditional mobilization."

Through my own experience and researching hundreds of projects, ICO do make fundraising easier and more efficient.

However, Zhao acknowledged that the current ICO model has yet perfected as there are frauds remained and the risk is still high. Still, it has already surpassed the traditional model in success rate. CEO Binance also believes that compared to traditional investment projects, the ICO has a higher success rate. ICOs is mostly for new projects and has high risk. But the difference here is that investors are aware of and willing to take the risk.

Zhao concludes that investors are gradually putting their bet on ICOs rather than the traditional one.

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May 12, 2018, 02:44:36 AM
 #29

After one day of launching,  a blockchain-based application on WeChat was suspended

WeChat, a Chinese messaging app, a social media, and an intermediate payment application developed by Tencent, has suspended a third-party Blockchain application to initiate agreements with users, according to local news site Caijing reported on May 9.

Xiao Xieyi, a small showcase launched on last Wednesday, will allow users on WeChat to create contracts and unique social media IDs using Blockchain technology. This app aims to ensure reliability and authenticity of users’ content and identities.

According to Caijing, Xiao Xieyi users can encrypt and record agreements on the Ethereum-based network with a small fee. However, less than a day after the app came into work, the content of the program has been suspended for violating user policies.

The question here is that why let it launched then suspended it? Is it the policy of China that banned blockchain and its applications that caused the situation? Or because of the lacked licensing procedures for operating new apps of Wechat?


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May 16, 2018, 02:25:45 AM
 #30

🛠️🛠️🛠️ ANNOUNCEMENT: NILECOIN SYSTEM MAINTENANCE PLAN
------------------------
Dear NILECOIN investors,

🛡️🛡️NilecoinTeam would like to make an announcement related to our system maintenance as follows: From 19:00 (UTC: -07: 00) 5/16/2018 to 00:00 (UTC: -07: 00) 5/19/2018, we would like to perform maintenance on the entire Nilecoin system.
👉Remark:
- No operations can be performed on nileoffice.com, Nilechain.info and Nilecoin Mobile App during the maintenance. When visiting these sites and App, you will see a maintenance announcement.
- Uncompleted transaction should be completed before the start date of the maintenance.

👉This maintenance will provide a totally new turning point. The old Nilecoin system will be replaced with an absolutely new Nilecoin system in details as follows:

1. All users and your account balances will be synchronized with the new system.
2. Other data on the old system will be changed, including wallet addresses.
3. Mining on Mobile devices will be integrated with the new system, thus speeding up and completing the system.

👉Why is it required to perform maintenance and head for a new system?
With the plan announced to the investors right from the initial stages of Nilecoin project, Nilecoin developer team has been trying to build up, complete and upgrade the Nilecoin systems in order to gradually enhance the security, transparency and reduce transaction fees on the system. On the world of Digital money with the daily updated technical and technological advances, we have already captured and conducted researches on advanced development, thus building a new system to replace and synchronize with the old antiquated Nilecoin system.

The new system has been completed and tested on Testnet with the following remarkable functionality:
1. Increase the block size from 1MB to 4MB
2. Optimize the fees of each transaction
3. Increase the transaction speed (unlimited number of transactions)
4. Complete the mining system with the algorithm against the 51% attack, and especially enable Mobile mining
5. Make changes in reward mechanism in such a way that bring more benefits to the miners, thus increasing the number of nodes on the system so that it can operate in a totally secure way.

⚙️We would like to perform the maintenance and transformation under scheule as well as notify you right after it has been completed.

 💡Support email: support@nilecoin.org
------------------------
Regards,
NilecoinTeam.
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May 16, 2018, 02:58:55 AM
 #31

I have read 2 Ann about Nilecoin, but I still have not found out in detail about this project, be it a website that explains about this project and whitepaper
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May 16, 2018, 03:07:29 AM
 #32

I see this is a very good project. This project looks interesting and better than the other project
Egretia
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May 23, 2018, 10:33:25 AM
Last edit: May 26, 2018, 04:29:14 AM by NileCoin ICO
 #33

💥💥💥Nilecoin system re-open
---------
🍀🍀Dear Nilecoin investors,

Nilecoin Team would like to announce the re-open of our system after maintenance. The basic functions have been accomplished. However, we are still working some other functions. We will inform you at the full completion later on.
In the maintenance, we have made some changes to the "Receive" function as follow: The system will generate a new address each time you make a receiving request.

🔊🔊Note: The synchronization is compulsory to be able to login Nilechain system. The system will generate a new wallet address and maintain the balance of your account. Other data like old wallet address and transaction history, albeit backed up for support, will no longer be displayed on the system. A transaction on Nilechain will require at least 1 confirmation to be completed.

🔊🔊Guidelines on data synchronization:
1. Login your Nilechain account here  -> Click on LOGIN
2. You will see a popup asking for confirmation on data synchronization -> Click on YES
3. The system will send you an email which contains a link to confirm your account ownership and a NEW PASSWORD of the account. Please click on SYNCHRONIZE to confirm.
Afterwards, please use your email and new password to login.

The transformation of Nilechain system has marked the boom of the entire system as well as the Nilecoin community. Congratulations on this development of Nilecoin!

Nilecoin Investors, if you have any questions or need any assistance, please contact us at our Support email: support@nilecoin.org.

Sincerely thank you!
---------
Regards,
NilecoinTeam
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May 26, 2018, 04:18:16 AM
Last edit: May 26, 2018, 04:29:36 AM by NileCoin ICO
 #34

Synchronize data to access the new Nilechain system

Dear Nilecoin Investors,
After the announcement, have you synced account data on Nilechain yet?
We would like to reiterate that, to ensure your own benefit, please visit Nilechain and synchronize data as follows.
Step 1: Login to the Nilechain account. If you have yet registered, click Here, follow the steps then Click LOGIN
Step 2: A popup will appear on the screen and ask you to confirm sync data -> Click YES.
Step 3: The system will send to your email address a link requesting confirmation of the account owner accompanied by your new PASSWORD -> Click SYNCHRONIZE to confirm.
Once the data synchronization is complete, you can use your email and the new password to access the system.
Thank you!

NilecoinTeam
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May 30, 2018, 02:35:01 AM
 #35

Bitcoin Pizza Guy: Laszlo Hanyecz on Why Bitcoin is Still the Only Flavor of Crypto for Him

You may think that you have never heard of Laszlo Hanyecz, a Florida-based programmer working for online retail company GoRuck, but you’d probably be wrong — Hanyecz was behind the inspirational purchase of two pizzas from Papa John’s for 10,000 Bitcoin (BTC) back on May 22, 2010, making this week a celebration of Pizza Day’s eight year anniversary.
 https://cointelegraph.com/news/bitcoin-pizza-guy-laszlo-hanyecz-on-why-bitcoin-is-still-the-only-flavor-of-crypto-for-him

NIL
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June 05, 2018, 01:49:43 AM
 #36

Nilecoin - Potential and development
----
👍👍NilecoinTeam has just made a major improvement in the Nilecoin system recently. The purpose of this change is to create better investing-environment for Nilecoin investors while enhancing security, transparency, and stability of the system. We, investors and Nilecoin Team, together are moving forward to achieve our once set goals. Although words cannot describe our gratefulness, we would like to say thank you for all the support we have received up until now.
👍👍Also, If your account balance has yet updated on your wallet and displays 0, please check your synchronization confirmation on the new Nilechain system.

 🍀If you have any question, please let us know by sending emails to support@nilecoin.org🍀
#NIL
#Nilecoin
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June 08, 2018, 04:34:41 AM
 #37

💥💥 The UK Government's Official Archive Is Testing Blockchain 💥💥
~~~~
The National Archives (TNA), the official record-keeper of the UK government, is investigating the use of blockchain for records sharing.

The research project, dubbed Archangel, is being led by the University of Surrey and involves partners such as the Open Data Institute. Among other goals, the initiative will explore the extent to which blockchain can address pressing questions related to archive management.

In a blog post published Tuesday, Alex Green, the Archives' digital preservation services manager, wrote:
"How can we demonstrate that the record you see today is the same record that was entrusted to the archive 20 years previously?... How do we ensure that citizens continue to see archives as trusted custodians of the digital public record? To address these questions, Archangel is exploring how we can know that a digital record has been modified and whether the change was legitimate so that ultimately it can still be trusted as the authentic record."

"Specifically, the project is investigating how blockchainL might be used to achieve this," Green added.

As one of the world's largest and oldest archives, The Archives is a leader in setting standards and best practices in the field. As such, the project aims to "deliver vertical impact to specific sectors within the Archives and Memory Institutions (AMIs) landscape, driven through end-user partner The National Archives."

ARCHANGEL has a proposed timeframe of 18 months. It is set to prototype a distributed ledger technology (DLT) service that will "collect robust digital signatures derived from digitized physical, and born-digital content," according to Green.

The research is funded by the Engineering and Physical Sciences Research Council, which invests more than £800 million a year in fields such as mathematics, materials science, and information technology.
~By Coindesk~
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June 11, 2018, 10:15:18 AM
Last edit: June 11, 2018, 12:10:56 PM by NileCoin ICO
 #38

🔥🔥ANNOUNCEMENT: NILEOFFICE REOPENING AFTER SYNCHRONIZATION
-------------
"Dear Nilecoin Investor,

↘️NilecoinTeam would like to announce that NileOffice has been re-opened after the Nilecoin and Nilechain system synchronization. You are highly recommended visiting the website https://www.nileoffice.com and updating the wallet address in Profile information section.

↘️How to update the wallet address:
- Step 1: Log in to Nilechain.info and copy the Nilecoin wallet address

- Step 2: Log in to Nileoffice and enter Profile information section at https://www.nileoffice.com/Account/Change-Personal-Information  

- Step 3: Paste the nilechain address into the Nilecoin Address field

- Step 4: Click Update Profile

↘️Should you need any further information, please do not hesitate to contact us at support@nilecoin.org. Sincerely thank you!

Best regards,
NilecoinTeam
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June 15, 2018, 10:10:43 AM
 #39

ANNOUNCEMENT: Disabling functions of iOS Nilecoin APP
-------------
Dear Nilecoin Investors,

NilecoinTeam would like to deliver an announcement to all the investors who are using the Nilecoin App on iOS.

Currently, we have been reviewing and evaluating all of the platforms on Nilecoin system. During the process, statistics show that on iOS, processing information and transactions via Nilecoin App has not been fully optimized and functional.

In order to optimize the system and facilitate the investors’ transaction on iOS, we have disabled all the functionality and features available on iOS Nilecoin App. On the Android operating system, all the features and functions of Nilecoin App can still be manipulated as normal.

We would like to apologize most sincerely for any inconvenience. Your understanding would be highly appreciated. We will make an announcement about re-enabling the functionality and features of Nilecoin App on iOS as soon as possible in order to ensure the benefits of Nilecoin investors. Sincerely thank you!
----------------
Best regards,
NilecoinTeam


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June 18, 2018, 04:36:16 AM
 #40

At the beginning of the week, the coin market has witnessed a slight drop
--------
👍The electronic money market started a new week with a series of slight declines in the value of digital currencies. Such a tough begin!
👍Market capitalization of all cryptocurrencies is quite stable over a 24-hour period at $ 280 billion. It is such a great rise from the valley of $ 264 billion recorded last week
👍At this time, Bitcoin (BTC) is trading at $6.471,52 with little fluctuation over a 24-hour period. Ethereum (ETH) is also trading around the price recorded yesterday. Meanwhile, top ten cryptocurrencies listed on coinmarketve dropped sharply.
👍However, of the top 20 cryptocurrencies listed on Coinmarketcap, Binance Coin (BNB) and VeChain (VEN) are up the most over the last 24 hours. Binance Coin is trading at $16,71, which is up nearly 8.4% over a 24-hour period. VeChainis is up around 6%, trading at $3,02 at press time.

=>It is expected that there will be much more fluctuation new week. Let’s wait and see!

NIL
NilecoinTeam

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