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[beerlover]

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[Best_Change]

My first impression on bestchange.com is like kind of portal for finding better rates for virtual currencies like PM or skrill whereas I am still looking for crypto to crypto exchanges to get better rates for my both popular and unpopular altcoin hoardings. From coinmarketcap itself I do compare prices of one particular trading pair across exchanges, still I want a portal which may efficiently letting me compare and figure out any possible arbitrage opportunities.

I am not sure how many people are still using virtual currencies because after got into cryptos, I have got no time to log in my paypal nor skrill accounts. When I was into forex trading, I was looking for such a portal for encashing my liberty reserves but now I realize that I do live in better environments thanks to cryptos.

I hope people who are all still stuck with virtual currencies may find your portal useful but they too may slowly switch into only-crypto mode over the time as cryptos are time-proven versatile things. Hence, I like to suggest you guys to look for adding more crypto pairs to gain more attention and remaining competitive among this crypto community. Good luck!

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Hidden miners were found in audio files

BlackBerry Cylance threat researches discovered malicious virus – Monero miner embedded within WAV audio files.

When played, some of the WAV had no glitches, others generated white noise. The specialists discovered embedded code Monero CPU miner, as well as the code used to establish a reverse shell to remotely connect to the victim’s network.

NewsBTC analyst: bitcoin dropped down to $7,500

Aayush Jindal, expert for NewsBTC website believes that the world’s main crypto coin will continue falling. The next levels will be $7,800 и $7,500.

According to him, the resistance at supporting bitcoin’s price of $8,000 was a reason behind the new bearish trend on the 4-hours chart.

There is a major bearish trend line forming with resistance near $7,950 on the 4-hours chart of the BTC/USD pair. MACD and RSI indicators also signal the declining movement. Currently BTC is trading around the mark of $7,900.

Are whales to blame for bitcoin’s decline?

On Friday bitcoin lost about 1,8% in price. The dump started at night, and right on the verge of it Whale Alert analysts detected a transfer of 10,000 BTC (around $80 mln) to Binance trading platform.

If these two events are connected is not clear, but the crypto community is actively discussing the topic of bitcoin-whales manipulating the market. Unlike the classic markets, the crypto market has no protection against such activities.




Visa and MasterCard created an Apple Pay competitor for paying for online purchases

Payment systems Visa, MasterCard, American Express and Discover joined their efforts to create a new option to pay for online purchases in “one click”. The joint project Click to Pay will make online checkout easier as all the payment details will be kept in one place. This eliminates the need to enter your credit card number each time.

The new payment service is expected to become the main competitor of Apple Pay and PayPal. A similar function (one-click purchase) is already working on Amazon, but the use is limited only by this online-retailer.

Ex-CFTC Chair: we deliberately collapsed bitcoin

Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission said that the Treasury and the SEC are responsible for bitcoin’s drop in price after reaching its historical minimum in December 2017.

According to him, the regulator intentionally approved the release of bitcoin futures on Chicago Mercantile Exchange to allow to open short positions.

"We saw a bubble building and we thought the best way to address it was to allow the market to interact with it."

Giancarlo said that the US Treasury and SEC decided to collapse the BTC price to prevent the bubble from reaching the dangerous size for the economy. In their time regulators overlooked the beginning of the 2008 financial crisis, that’s why in 2017 they took preventive steps.

Casa start-up solves the problem of passing on crypto assets

Custodial start-up Cassa offers a service of guaranteed passing on of crypto assets.

The gist of the offer is that the owner makes an agreement with Case in which he gives an additional key to his wallet.

Thanks to the fact that the optional key with multisignature is transferred to Casa, this eliminates the theft of bitcoins.

In case the owner of the cryptocurrency passes away, Casa fulfills the last will of the deceased.





Will China buy all the bitcoins?

Xi Jinping, General Secretary of the People’s Republic of China, called for more efforts to advance development in the field of blockchain technologies, which lead to a frenzy in the world of cryptocurrency. For instance, after Xi’s speech, the search volume in the app WeChat for hashtags “Blockchain” and “Bitcoin” increased 12 and 2 fold correspondingly, and Chinese cryptocoins saw a dramatic price boost during the last weekend. For instance, TRX surged by 50%, and Neo almost doubled its value, having fixed it at a little over $11 for a coin.

Against the background of this frenzy, some people saw China's growing interest in cryptocurrencies as a threat. One of them is Anthony Pompiliano, who tweeted: “Someone tell President Donald Trump that there are only 21 million Bitcoin and China is planning to buy them all. This is going to be the real US – China competition. That should get him to pay attention. The guy hates losing and will try to buy them all.”

However, despite this tweet was supported by many people, the majority favor a different opinion on forums dedicated to cryptocurrencies: “If China buys all bitcoins in free circulations, it will acquire nothing more than a large number of empty “candy wrappers”, because, as cryptocurrency owners think “in this outcome the interest to bitcoin will evaporate, and the demand for it will drop to zero”

Crypto Capital Principal indicted

According to court documents, presented to the accused by the Attorney of the Southern District of New York, Crypto Capital Pricnipal Oz Yosef was planning to transfer $ 10,000,000 to a bank located in the Bahamas for the purpose of misappropriation, which falls under the article on bank fraud.

During the investigation, the company’s funds were frozen. It must be noted that $880 of these funds belonged to Bitfinex cryptocurrency exchange.

51 % attack in BCash chain

For a day, in the interval between October 24-25, one or several miners controlled half of all computing power used for mining Bitcoin Cash. During this time the unknown perpetrator(s) managed to mine 73 blocks.

This situation attracted great attention, and the position of the cryptocurrency already not very welcomed in the Internet became even more precarious. For instance, Twitter user Notgrubles suggested delisting Bitcoin Cash from main trading platforms.




The People's Republic of China adopts the first law on cryptography

This law will come into force on January 1, 2020. Interestingly, the law is not connected directly with cryptocurrencies, but is aimed at creating standards for the application of cryptography and passwords management. However, according to experts, passing this law means nothing other than China’s approaching the launching their new national cryptocurrency. It is connected with the fact that cryptography is the main component of cryptocurrency.

TRON dislodged Ethereum in an updated Chinese cryptocurrency rating

CCID of China has presented its fourteenth rating of cryptocurrencies. The leaders occupying the first three positions remained unchanged, but also some reshuffling took place. Ethereum lost 13 points for basic-tech, due to which it ceded the second place in the rating to TRON cryptocurrency.

Bitcoin does not participate in this race to the top and from the moment of publication of the previous rating, having received a small boost to its total index, still occupies the eleventh position.




Actions of one whale could influence on bitcoin surge in 2017 and Stellar has destroyed 55 billion of their token

Bitcoin price surge of 2017 could be fueled by one whale

The University of Texas has published research which shows that a whale was buying a large amount of BTC during drawdowns and additional emission of USDT. It is important that such a “scheme” was used only on the Bitfinex exchange.

Connection between bitcoin growth and USDT have been discussed before. TokenAnalyst experts have already noted an incredible coincidence between bitcoin pump and Tether emission. However, it was believed earlier that this had been caused by actions of lots of independent traders.

A group of researchers analyzed all BTC and USDT transaction between March, 1, 2017 and March, 31, 2018 and came to a conclusion that it had been one large player. At the same time, no similar pattern was detected on other exchanges.

It should be understood that Bitfinex controlled over 20% of the market in 2017-2018, and it is only by 2019 that the exchange’s market share dropped to 7,3%.

Stellar burst into the top 10 cryptocurrencies after destroying 55 billion tokens

Stellar team reported destroying 55 billion of tokens. They took this decision after analyzing the plan of blockchain implementation. The coins that got destroyed were mainly the ones for airdrop (out of 43,5 billion only 6 remained), as well as operational fund (out of 16 billion, 11 remained) and affiliate programs (12 billion out of 25).

This was announced at Meridian conference in Mexico, Stellar Development Foundation announced the burning and in two hours the token rate increased by 16% from $0,069 to 0,083. Currently, correction took place and Stellar’s price is $0.0806.

The developers said that no further coin burning is planned. In total, 55 billion (worth of $4 billion) of XML were destroyed.

Einstein Exchange shuts down with the debt of 16 million

Einstein Exchange clients say that the exchange’s management and employees stopped replying to requests and complaints, and the users cannot get access to their funds.

Currently, the management of the exchange has been transferred to the British Columbia Securities Commission (Canada). The total damage estimate is $16 million.

When the exchange was registered its management provided judicial evidence of possessing assets to satisfy all withdrawal requests, however refused to provide the location of the funds.

Currently the office of the exchange is closed, there is no access to their website and investigators cannot establish the location of Michael Ongun Gokturk, the exchange founder. The pages of the exchange in social networks are buried under complaints of dissatisfied customers.




Ethereum developer confirmed the date of hardfork

The next upgrade of Ethereum blockchain called Istanbul, which the users have been waiting for over six months, will be implemented before the end of the year. This has been announced by their developer Peter Szilágyi in Twitter.

The hardfork is scheduled to take place at block 9069000 which should be generated around December, 4, 2019.Fot this new client Geth has already been launched, which already has hard fork.

The peculiarity of the upgrade will be implementing of ProgPoW, programming algorithm aimed at eliminating the advantage of ASIC-miners over GPU-miners.

But the users look more forward to the next upgrade Berlin which is scheduled for the first half of 2020.

North Korea accused of money laundering with the help of cryptocurrencies

The UN Security Council Sanctions Committee on North Korea led an investigation which discovered the connection between the country and the Hong Kong blockchain company Marine China.

According to the representatives of UK Security Council, the country’s leadership has been using various strategies with cryptocurrency to evade from international sanctions. It is reported that North Korea made at least 5,000 transactions using stolen cryptocurrenies. It was made to make establishing the source of the money more complicated.

It is believed that the North Korean hackers were using phishing attacks and computer viruses to steal digital currencies and then laundered and cashed it in Singaporean banks. The Committee has not named the total amount of stolen funds.




Morgan Creek CEO: sell Amazon shares, buy bitcoin

Morgan Creek Capital CEO Mark Yusko said that bitcoin is the next groundbreaking technology, and that it is currently the greatest wealth-creation opportunity there is. At the same time, he called Amazon shares “dead money for a decade”.

Morgan Creek Capital is known for investing $5 million in Google in 1996. At the time, Google was the sixteenth-most used search engine and not known by many. Later on, this investment turned into $200 million.

BRICS can create its own cryptocurrency

BRICS countries (Brazil, Russia, India, China and South Africa) are considering a possibility to launch a payment system based on cryptocurrency. It would be used for mutual payments between countries – association members.

The idea was introduced by Kirill Dmitriev, the head of the Russian Direct Investment Fund (RDIF) at the BRICS forum in Brazil. According to him, the members of the association's business council supported this suggestion.

Bitcoin keeps falling. When will this stop?

Bitcoin will test again the resistance of $8,600 level, and in case of breaking it, it will carry on falling, according to Aayush Jindal, NewsBTC analyst. The closest targets are marks of $8,500 и $8,300. Jindal thinks that for a full turn, the price needs to settle over $8,880.




Trading volume on BitMEX hit 2019 low

The daily trading volume on the largest crypto derivatives exchange BitMEX has dropped down to 86,850 BTC — lowest since the November 2018. This was brought to attention by CL, Twitter analyst.

“This market is officially lifeless,” — he wrote in his account.

BitMEX is the platform with the highest liquidity in the world for cryptocurrency derivatives trading.

Venezuelan government to gift the retirees with cryptocurrency for Christmas

Nicolás Maduro, the President of Venezuela, said that all the country’s retirees and officials will get 0.5 El Petro (around $30) as a Christmas gift.

El Petro is a national cryptocurrency of Venezuela. As the government of the country says it is fully backed by oil. The government is trying to use El Petro in the country’s economy and for trading with other countries, however, with not much success so far.




USA can launch their own cryptocurrency

The Federal Reserve is looking into developing a digital currency in the US. It was announced by its Chairman Jerome Powell in a letter to lawmakers this week in his reply to the letter from Congressmen French Hill and Bill Foster. They are concerned that the Chinese cryptocurrency on which the Chinese government is already working can jeopardize the USA’s position in the world’s economy.

Powell specified that so far the Federal Reserve “not identified potential material benefits of a general purpose central bank digital currency to the implementation of monetary policy" and is only studying the rationale for creating it.

Tether and Litecoin have the largest portion of whales

IntoTheBlock said what percentage of the most popular cryptocurrencies is owned by the largest owners. Tether and Litecoin turned out to be the most centralized: 63% of USDT is owned by 132 addresses, and 47% of LTC is owned by 131 address.

The data for the other large crypto currencies looks like this: ETH — 151 addresses own 39%,
Bitcoin Cash — 112 addresses own 29%, Bitcoin SV — 103 addresses own 24%, and 39% of Cardano is owned by only 41 addresses.

PayPal CEO said he has bitcoins

Dan Schulman, the CEO of payment processor PayPal, revealed that he owns only one cryptocurrency, bitcoin. He also said that BTC is an “interesting idea”, and blockchain is a “promising technology”.

“As for cryptocurrency, it is still very volatile, and that they do not have much demand for it by merchants because merchants operate on very small margins. What they need to do is to turn it to fiat immediately. There is a charge for turning it into fiat, that is why any advantages in price will be eaten up by this conversion fee”, Schulman said.




Bitcoin crashes below $7,000

Last Friday the world’s first cryptocurrency lost over 10% om price and crashed below $7,000 on a number of exchanges. Such low price of bitcoins is registered for the first time since May this year.

Against this background, the “fear index” has dipped down to extreme values at the level of 20. According to the site Alternative.me it can mean a possible growth of the cryptocurrency.

Binance CEO refutes rumors about the raid in Shanghai office of the exchange

On November, 21 media announced that the largest office of Binance in Shanghai shut down after a police raid. Many analytics connect this news to the cryptocurrencies losing prices, including bitcoin’s dropping below $7,000.

Changpeng Zhao, CEO of Binance, refuted this information, calling this information a FUD block.

“No police, no raid, no office. Hope you didn’t pay to read that FUD block.” — he wrote in his Twitter-account.

The USA can make Facebook’s cryptocurrency a security

The House of Representative of the USA introduced a new bill about acknowledging managed stablecoins such as Libra as securities.

"Managed stablecoins, such as the proposed Libra, are clearly securities under existing law. This legislation simply clarifies the statute to remove any ambiguity. Bringing clarity to the regulatory structure of these digital assets protects consumers and ensures proper government oversight going forward", — stated Sylvia Garcia, one of the bill's authors.




Fraudsters are selling Gram. Telegram warns users

Pavel Durov’s team said that selling of Gram tokens has not started yet, and asked users to not fall for scammers’ tricks.

“Some websites offer Gram for sale and pretend to be connected with Telegram. Please be advised that these sites are not official and have no relation to Telegram. Gram has not yet been given to anyone and Telegram is not selling Gram”, - states the official Telegram-channel of the company.

Cryptocurrency worth of $4.4 billion stolen in 2019

According to the research company CiperTrace, the amount of theft and scamming in the sphere of cryptocurrency reached $4,4 billion since the beginning of the year.

The report says that in Q3 of 2019 criminal have stolen the minimal amount during the past years. However, in comparison with the last year, the losses increased by $2,7 billion.

The company’s experts also named the largest crypto crimes of the year: the cryptocurrency pyramin PlusToken ($2,9 billion) and shutting down of the exchange QuadrigaCX ($195 million).

Andreas Antonopoulos: governments place a damper on bitcoin price

Andreas Antonopoulos, famous bitcoin enthusiast, said that governments act to lower bitcoin’s price, but this is not a conspiracy, it’s just their “job”.

“We know for a fact that when the bitcoin bubble started to go up really fast in 2017, the U.S. Treasury decided to fast-track the deployments of futures markets in order to stop that bubble. A lot of people see that as conspiracy, but if you look at the mandate of institutions like the Treasury, that’s actually their job”, Antonopoulos said in his interview with crypto blogger Ivan on Tech.

According to the analyst, this allowed investors to open positions for on lowering the price of bitcoin which balanced the market, as well as reduced its volatility.




Bank of America named bitcoin the best asset of the decade, billionaires invest into BTC, and ethereum’s volatility is at its lowest

Bank of America: bitcoin is the best investment of the decade

Bank of America Merrill Lynch named bitcoin the best asset for investment of the decade. 1 dollar invested in 2010 would now be $90,026.

For comparison, 1 dollar invested in American stocks during the same period would have the price of $3.46. Myanmar's national currency was named the worst asset, since 2010 $1 invested in it now has a value of just $0.004.

Yet another billionaire bought bitcoins

The number of billionaires investing in cryptocurrencies is steadily growing.

Financial expert Bill Pulte announced his purchase of 11 BTC (around $78,000). He is the CEO of investment company Pulte Capital Partners and is worth about $11 billion. Pulte thinks the main advantage of bitcoin is an opportunity to make a transaction to any part of the world without a middleman. According to the billionaire, bitcoin canmake the life of the poor easier and make the world a better place.

Ethereum’s volatility drops to the level of 2016

Ethereum has been trading in the narrow range of $140-150 for a long time now. According to CoinMetrics.io, ETH’s volatility index dropped to 2016’s lowest.

On December, 8 Ethereum has undergone Istanbul hard fork, which did not lead to the cryptocurrency’s price growth, despite expectations




Ethereum’s price is threatened, and the number of bitcoin hodlers is growing

Ethereum is threatened: Plus Token pyramid’s assets started moving

The organizers of a cryptocurrency pyramid Plus Token moved 789 525 ETH (about $105 million) to an unknown address. Twitter account Whale Alert paid attention to the transfer.

Matteo Leibowitz, the Block’s analyst, thinks that scammers can buy Ethereum futures for sale, crash down the spot price and close future contracts with a profit.

In the summer the Chinese police managed to detain the suspects in the Plus Token ponzi scheme case, but access to wallets could not be obtained.

The price of unspent UTXOs in loss hits a record high

The number of unspent transaction outputs (UTXOs) in loss rose to all-time highs above $45 million, according to a research by Glassnode.

This indicates the rise of the number of “hodlers” - people who hold bitcoin despite its price decrease.

Federal Reserve: over 50% of bitcoin transactions are illegal

Lael Brainard, member of the United States Federal Reserve Board of Governors, said that 25% of all bitcoin users participate in illegal operations.
“One study estimated that more than a quarter of bitcoin users and roughly half of bitcoin transactions, for example, are associated with illegal activity”, — the representative of FR said at an ECB event.

She also said that only a third of exchanges meet the requirements for AML (anti money laundering), CFT (combating the financing of terrorism) and KYC (know your customer) procedure.




Hackers steal 2 million NULS token, Ethereum hard fork scheduled for January,1 and Craig Wright “proved” he is Satoshi Nakamoto

Hackers steal 2 million NULS tokens

Threat actors hacked and official account of the NULS projects and transferred 2 million of tokens. 550 thousand of them have already entered the market, the NULS team says.

At the same time the exchange rate of the coin has stayed almost the same – the currency lost in price just 0.58%. The developers are going to make a hard fork of altcoin to prevent hackers from spending the rest 1,45 million of tokens. The hacking took place because of the NULS 2.2 version security vulnerability.

Ethereum hard fork to take place on January, 1

Ethereum’s hard fork is scheduled for block 9,200,000 which is expected to be mined by January 1, 2020. The update is designed to delay the Difficulty Bomb by 4 million blocks (equivalent to 611 days).

The developers asked nod owners to update their software before December 30, 2019.

Craig Wright “proved” that he is Satoshi Nakamoto

The Australian scientist Craig Wright demonstrated “proof” that he is the bitcoin’s creator Satoshi Nakamoto.

During an interview with Modern Consensus, Wright showed an article to explain the choice the Satoshi Nakamoto pseudonym. The article is about a philosopher Tominaga Nakamoto who lived in 18 century. The printed out document, made according to Wright in 2008, also contained the following handwritten notes:

“Nakamoto is the Japanese Adam Smith. Honest Ledger + Micro Cash. Satoshi is Intelligent History. Not too hard.”

He explained that Tominaga Nakamoto wrote about “honest money and the rational nature of things”. Wright compared his with Adam Smith – one of the founders of the theory of economics.
Craig Right publicly claimed that he was the creator of bitcoin in 2019 about hasn’t yet provided sufficient evidence to prove it.




Tone Vays: bitcoin will kill altcoins

Bitcoin’s hash rate growth will eliminate most of altcoins, trader Tone Vays says.

He noted that since December 2017, bitcoin’s hash rate has grown by 800%, which was not the case with altcoins. The trader has also added bitcoin’s dominance index went from 50% to 70% in 2019, and next year it will be 85%.

“I think we have another 10-15% in Bitcoin to gain on the sh*tcoins as it continues towards 90% and 95% and then 98%”, - Vays said.




Dear beloved subscribers, Merry Christmas and Happy New Year!

Our team wishes you an endless cash flow, sincere kindness, incredible success, interesting ideas and great health for new achievements!

We believe in you and genuinely hope that you will amass wealth, be reasonable with spending and enjoy work-life balance.

As a tradition, we wish hodlers the growth of crypto market, arbitragers – only successful schemes, and we wish miners always work with profits.

Already today you can start building your invincible financial fortress the walls of which will protect you against storms and turmoil. This fortress will help you and your family live the same lifestyle despite all the disruptions behind the fortress wall.

It is time for New Year’s resolutions and goals. Achieving them will make your life interesting, bright and successful.

Happy holidays!




Why will altcoins disappear and what will become of bitcoin in 2020

Tone Vays: all altcoins will disappear

Analyst Tone Vays famous in crypto community thinks that the price of the most popular altcoins will drop to zero because they are worthless and cannot substitute for bitcoin.

“Who will use Litecoin when we have Lightning Network, who will use Ethereum when we have side chain Liquid Network? Will people use Binance token? I don’t know because it’s useless”, — Vays said.

He also added that he doesn’t expect to see bitcoin cost over $10,000 in 2020.

Bloomberg: bitcoin will become stronger in 2020

Bloomberg’s analysts published a report with cryptocurrency predictions, according to which bitcoin will become stronger in 2020. The experts note that bitcoin become more and more popular as investment against a weak dollar and global uncertainties.

According to them, limited number of coins and halving of the block reward in May 2020 will account for increasing price of BTC.

“Bitcoin's initial reaction to the U.S. airstrike was a good test of our premise that the first-born crypto is maturing toward a digital version of gold”, — the report says.
On January 3, bitcoin reached its seven weeks’ maximum after U.S. military attack near Baghdad which killed Iraqi general Qasem Soleimani.




CME launched bitcoin options, and bitcoin network continues to grow

CME Group launched bitcoin options

Chicago exchange CME Group launched bitcoin options trading on January, 13.  The core of the instrument are bitcoin futures contracts introduced by the company in December 2017. After the latter were launched, BTC price started going down from its historic high of $20,000 and hasn’t bounced back to that level yet.

On January,14 bitcoin grew by 4,61%, and the majority of TOP-100 cryptocurrencies by market capitalization demonstrate positive dynamics.

127 million of BTC addresses appeared since the end of 2017

Despite bitcoin market being bullish, since 2017 the network got 127 million addresses. According to Decentralized, sometimes the number of new addresses registered within 24 hours reached over 300,000.

“For a sense of scale, the number of people holding more than 0 bitcoin in Jan 2011 was a mere 70,0000. Today that number is north of 28 million — a 400x growth over the decade”, – the company’s analysts write.

They add that the average day in 2019 saw Bitcoin processing over 300,000 transactions in comparison to a mere 5000 in 2011.




Bitfinex tranferred $1 billion in BTC, and why it is too late to buy BTC

Bitfinex exchange transferred $1 billion in BTC with $80 commission

Cryptocurrency platform Bitfinex confirmed that it was them who made the mysterious transfer of 123,447 BTC (around $1,1 billion) registered by bitcoin enthusiasts. According to the company’s CTO Paolo Ardoino, the transaction was a part of a transfer of 150 thousand BTC to the platform’s hot wallet.

As a result of this operation, the second largest bitcoin address has emerged. It should be noted that the commission for the transfer of $1 B was just $80.

Why it’s too late to buy bitcoin now

In the near future bitcoin’s price will not longer increase, BK Capital Management’s co-found Brian Kelly thinks. He notes that
the growth rate of addresses in the network lags behind bitcoin’s price increase.

"The Bitcoin price got a little bit ahead of the address growth. So, just like I said about Apple, just like I said about the 'triple Qs' in 2000. When an asset goes straight up, that's means a lot of the news is priced in", — he explains.

According to Kelly, back in December the situation was the opposite, when the BTC price was on a decline, the number of addresses continued to increase. He adds that this was a strong buy signal that turned out to be spot-on.




Miners earned $5 billion in 2019, there is a drop of interest to bitcoin as the price rises, and Peter Schiff lost his coins

Miners made an estimated $5 billion in revenue during 2019

As the specialists of The Block counted. Of that figure, $4.89 billion was in the form of block rewards and the rest – some $147 million – was made via transaction fees. The calculations were made based on bitcoin’s price at the time of mining.

For comparison, in 2018 miners got $5,26 billion in revenue, and in 2017 – $3,19 billion. The block reward will be 12,5 BTC until May 2020, and will drop to 6,25 BTC after halving.

Interest to bitcoin is dropping as the price rises

Google Trends is considered as one of the main
metrics of interest in cryptocurrencies among the masses. Almost all the time the number for “bitcoin” searches was growing after the price’s growth, however now the tendency is broken.

This was brought to attention by Twitter user Haejin. Since the beginning of January, BTC has risen in price by $ 2’000, and altcoin capitalization has grown by 50%, while the number of Bitcoin searches in Google has decreased.

Crypto skeptic lost access to his bitcoin wallet

Peter Schiff, CEO of Euro Pacific Capital, famous for his negative feedback about cryptocurrencies, said that he had lost access to his wallet. Interestingly, he blames the wallets software in the loss of the coins.

“I just lost all theBitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad!”, -Schiff tweeted.

Crypto community suggested that the businessman simply forgot his password and does not want to admit it.

[Balthazar]

Over 20000 USD lost.

https://bitcointalk.org/index.php?topic=5219339.msg53659941#msg53659941

Best_Change lists fake exchangers on his monitoring platform and refuses to sanction them.

[Ridwan Fauzi]

Interesting to see what will happen next to this exchange. One side there are some accusation against this exchange that they have scammed some their user as said above but in other side they have opened a promotion on this forum a week ago and the participant have been getting paid.

[Best_Change]

Over 20000 USD lost.

https://bitcointalk.org/index.php?topic=5219339.msg53659941#msg53659941

Best_Change lists fake exchangers on his monitoring platform and refuses to sanction them.

As we have replied in this topic, the exchanger has "frozen" the funds of the user and is holding an investigation. We are following the situation and have switched off the exchanger until the situation is resolved.

Interesting to see what will happen next to this exchange. One side there are some accusation against this exchange that they have scammed some their user as said above but in other side they have opened a promotion on this forum a week ago and the participant have been getting paid.

We have not "scammed" anyone, please read above.

[AbuBhakar]

Interesting to see what will happen next to this exchange. One side there are some accusation against this exchange that they have scammed some their user as said above but in other side they have opened a promotion on this forum a week ago and the participant have been getting paid.

Actually I only know them now due to their bounty program, I think they already put limit in the participants as they pay higher reward than others. Regarding the exchange haven't tried it yet but many threads appear as well their trust reputation. Will try it one of these days to check the support.

[Images21]

Interesting to see what will happen next to this exchange. One side there are some accusation against this exchange that they have scammed some their user as said above but in other side they have opened a promotion on this forum a week ago and the participant have been getting paid.

Actually I only know them now due to their bounty program, I think they already put limit in the participants as they pay higher reward than others. Regarding the exchange haven't tried it yet but many threads appear as well their trust reputation. Will try it one of these days to check the support.

Same here. But after I initially encountered their signature campaign, I tried doing a little searching and reading of their platform. They have been in the business for a good deal of time. They are not an exchange strictly speaking. They are listing exchanges for people to easily browse and make comparison.

[Ridwan Fauzi]

Interesting to see what will happen next to this exchange. One side there are some accusation against this exchange that they have scammed some their user as said above but in other side they have opened a promotion on this forum a week ago and the participant have been getting paid.

We have not "scammed" anyone, please read above.

Hopefully you are not, but who know? I'm not judge that your exchange is scammer directly but I just see some topic that spread up there.

That is why I say it will be interesting to see what will happen next. Perhaps your investigation will be finished as soon as possible.

[Best_Change]

Pornhub added Tether, and the number of wallets with balance over 1 BTC continues to grow

Pornhub is now accepting Tether

One of the world’s largest adult sites added USDT tokens support. Pornhub blog says that it became possible thanks to cooperation with TRON, and if one chooses to pay for the website’s services in USDT, it is recommended to use TRONLink wallet.

Two months ago PayPal stopped supporting payments to Pornhub’s models, which made the platform add new payment system. Justin Sun, Tron’s CEO, said that introduction of payment in Tether is a “a brilliant way to support the victims of centralized payment platforms like PayPal”.

The number of wallets with balance over 1 BTC is growing

Glassnode company experts calculated that number of addresses with one or more bitcoins rose by 10% over 12 months. Now their number is 784’000.

According to the analysts, this key metric shows the number of retail trader. Since the beginning of 2015 this number has double which demonstrates the growing interest to cryptocurrencies.

“The steady rise is the result of accumulation by retail buyers. The rising number of addresses accumulating greater amounts of BTC is a sign that adoption as a store of value is increasing”, — the report says.

[Dalmar]

Just a quick question: What if I use your service for comparing the exchanges and get scammed after trading my Litecoin for Skrill USD? Will my faith be similar to the guy who is the reason you got negative trust by DT? How you filter the scam exchanges and protect the customers?

[coinfinger]

Pornhub added Tether, and the number of wallets with balance over 1 BTC continues to grow

Pornhub is now accepting Tether

One of the world’s largest adult sites added USDT tokens support. Pornhub blog says that it became possible thanks to cooperation with TRON, and if one chooses to pay for the website’s services in USDT, it is recommended to use TRONLink wallet.

Two months ago PayPal stopped supporting payments to Pornhub’s models, which made the platform add new payment system. Justin Sun, Tron’s CEO, said that introduction of payment in Tether is a “a brilliant way to support the victims of centralized payment platforms like PayPal”.

The number of wallets with balance over 1 BTC is growing

Glassnode company experts calculated that number of addresses with one or more bitcoins rose by 10% over 12 months. Now their number is 784’000.

According to the analysts, this key metric shows the number of retail trader. Since the beginning of 2015 this number has double which demonstrates the growing interest to cryptocurrencies.

“The steady rise is the result of accumulation by retail buyers. The rising number of addresses accumulating greater amounts of BTC is a sign that adoption as a store of value is increasing”, — the report says.

[im g]https://sun9-6.userapi.com/c854120/v854120168/1d571e/QZ9uXt5kt2M.jpg[/img]

Mostly the pornhub community was been payed with wire-transfers or paypal/perfect money, etc but most of those ways were stopped being payed and hence pornhub decided to give cryptocurrencies a shot. Tether being a stable coin gives them them a ease of access for easy and quick transactions worldwide without worrying about the transaction fees and the fees is comparatively much smaller than paypal, etc.

This would surely make them stand on profits for sure so they would continue starting to accept few more reliable coins which would make them more popular. Perhaps, the pornhub models might be facing problems in cashing out the tether and your platform might give them the ability to cashout instantly by finding some better exchange.

[Best_Change]

Just a quick question: What if I use your service for comparing the exchanges and get scammed after trading my Litecoin for Skrill USD? Will my faith be similar to the guy who is the reason you got negative trust by DT? How you filter the scam exchanges and protect the customers?

Firstly, its is too early to talk about scam in this situation, the exchanger did not take away the user’s money or embezzle it; it has just frozen it to conduct an investigation, because the transaction was marked as suspicious. The exchange is replying to our emails, and informed us that the issue will be solved in the nearest future. Currently the exchanger is switched off in our monitoring until the situation is solved.

Our service minimized the risks of exchanging funds, because we thoroughly check all exchangers before adding them to our monitor. We have very strict requirements to the exchangers, we check them using dozens of parameters, this is why it is impossible to add a scam to our website.

But in any case we cannot be a so-called “guarantor” because we do not work with users’ money, but only provide the information where they can exchange funds.
We do not see, who exactly left our website and went to the exchanger listed with us, there is no way for us to check that this very person exchanged a certain amount with the exchanger, we do not see what funds go between the client and exchangers and have no control over it. If we cannot control exchanges, we cannot be a “guarantor” of the deals between the client and exchanger.

What we can do (and we are good at it) – is to include only the best and tursted exchangers, help users solve their problems with an exchanger, timely switch off exchangers from the monitor if they start acting suspicious. Also all users can leave a review about their exchange experience. Usually the administration of exchangers values their reputation and swiftly reacts to the reviews of switching off from the monitor.

~~~

We would be happy if our service could help both the models to cash out their earnings and the community for accepted payment ways. 

[ReiMomo]

We would be happy if our service could help both the models to cash out their earnings and the community for accepted payment ways. 

Sounds good and very interesting idea. Through your service scam exchange site would be lessened and the risk might be facing to every user will become less for sure. Regarding the filtration to those exchanges that making fraud is much better and has a good solution to it.

Looking forward to this company and I hope the problem will be solved between the complaint against your company. Probably there are more reputed exchanger will be tied up soon upon having a promotion here. Best of luck bestchange team and staff.

[Best_Change]

Digital yuan could supersede dollar, and cryptocurrency consortium created at Davos forum

Deutsche Bank: Chinese cryptocurrency could erode the dollar’s primacy

Digital currencies, which are being developed by China and India, can change the centers of "global economic strength," according to a report by Deutsche Bank.

The authors point out that China is already developing a cryptocurrency supported by the country's Central Bank, which can be used as a power tool.

”Companies in the country are, in fact, forced to adopt a digital yuan which will certainly erode the dollar’s primacy in the global financial market”, - Deutsche Bank experts write.

They also add that at the current rate of internet development, the number of crypto wallet owners will quadruple to 200 million by 2030.

Davos forum participants create a consortium to regulate cryptocurrencies

During the World Economic Forum in Davos, the world's first consortium was established, whose participants will develop regulation of the crypto industry. It is to include financial institutions, members of governments, large corporations, international organizations and the crypto community.

The founders of the consortium were Klaus Schwab, chairman of the Davos Forum, Mark Carney, head of the Bank of England, Tarman Shanmugaratnam, Minister for Economic Policy Coordinator of Singapore and representatives of the central banks of Egypt and Bahrain.

[jostorres]

Just a quick question: What if I use your service for comparing the exchanges and get scammed after trading my Litecoin for Skrill USD? Will my faith be similar to the guy who is the reason you got negative trust by DT? How you filter the scam exchanges and protect the customers?

Bestchange has really listed a number of exchanges which makes me fear that there might be maximum which would be scam exchanges. We do not have legit exchanges in these huge numbers. We only need few selectable exchanges but those should be reliable and most secure.

I have heard few cases of bestchange which were regarding listing some scam exchanges and those exchanges might have scammed some users which made the DT members leave negative trace on their functioning accounts. They should have some tests or something like this where they could judge each and every exchange and at least they should first transact for themselves to make sure the exchange is secure before letting other people on their platform know about the same.

[examplens]

I am also curious to know what is your mechanism to test exchanger which going to be listed on your service. You (BestChange) plays on the very delicate territory, especially when you have on your website:

You can trust all exchangers listed here. The BestChange.com monitoring service contains only reliable exchangers verified by our administrator. All of them have high business levels, good reserves and enough experience in the exchange business.

This is good advice, but only for noobs. I guess you like a professional has a more precise method to check all before you guarantee for any of them.

Code:

Here are few simple ways:

Take a look at the domain name of the website. Trustworthy exchangers do not work on free hostings with 3-rd level domain names.
Check if the website is in any black lists. Make a search for the domain name of the exchanger you would like to check (for instance, "superchange.com") in a search engine (Google, Yahoo).
Check the domain registration date via whois. If the domain was registered few days ago, mostly likely this is an unreliable exchange service.

[jonatha28]

I am also curious to know what is your mechanism to test exchanger which going to be listed on your service

You reminded me about 1 time when I used their service and numbers were a bit off.
I mean I was doing my own manual research and found out that one exchange was offering better conditions.
It could be lag or my browser or something similar, but still there was that one time

[Best_Change]

There are many questions about how we check exchangers when adding them to the monitor.

You can find the requirements here: https://www.bestchange.com/wiki/rules.html

1. The exchanger's website needs to have been actively working for at least 6 months from the moment of its launching and beginning to work with the clients. It is a very important requirement because we add well-known and experienced exchangers only. Also, it is crucial for the exchanger to have operated before being listed and to have its own customers, reviews and reputation on the Internet;
2. The total available reserve amount must be at least $5000;
3. The exchanger must have an export rates file that meets our standards. The data in the file must be updated instantly after there is a change of an exchange rate, reserve amount or other exchange conditions that are to be rendered in the export file. We do not accept a once-a-minute "crontab" schedule;
Please be informed that the export file must contain actual rates, reserves and all additional data about commissions and tags. The exchanger will be banned in case of invalid data about rates no matter whether it is submitted accidentally or not.
4. The homepage must contain an exchange request form with a calculator available without registration. Every exchange order must have a unique number to track its status;
5. The exchanger must have a partnership program;
6. The name of the exchanger must be unique and unlike any those of listed exchangers;
7. The website must provide a secure HTTPS connection;
8. In some cases, verification of the exchanger owner's identity may be required;
9. The website must have contact information with at least an e-mail address and an online messenger (Skype, Telegram or your own chat) to provide a prompt response for your visitors. It would be great to have a phone number as well. The customer service must respond within 1 hour max during the operating hours. It is crucial to have contacts and the operating schedule highlighted on the website;
10. The website must have a unique and original design and contain comprehensive descriptions of how to conduct exchanges as well as information about commissions. The website must be permanently up and running;
11. The site must have terms of service of processing exchanges  which contain all the necessary conditions of cooperation with clients;
12. It is necessary to have a full-fledged version of the site in the English language, as well as English-speaking customer support. The site must be configured in such a way that the user would at once land on the English version of the site via the link where language identifier is specified, and the rest parts of the service (for instance, emails that are sent out) must also be in the English language.
13. Monitor's  or logo must be placed on the website's main page in a visible place. If you have several buttons on your website, picture with BestChange logo must be placed first.

We have a further system of checking exchangers, we use dozens of parameters we take into considaration. But most importantly, we only add the exchagners that have worked for at least half a year and have earned good reputation on the internet.

We minimize the risks of users wishing to exchanger their money, by providing them various information about exchangers and helping them to select one.



Interest in the bitcoin halving has reached its maximum since 2016, and has dropped for IEO

Interest in bitcoin halving has reached its maximum since 2016

People’s interest in halving is growing - according to Google Trends, the number of “bitcoin halving” searches has grown to its highest level since 2016.

The last halving of the bitcoin block mining reward took place in July 2016, it was then when Google Trends recorded the largest number of related searches. Over the past two months, this figure has increased from 11% to 40%. The upcoming halving will take place in May 2020 - traders have high hopes for it, since previously bitcoin’s price surged some time after the event.

Larry Cermak: IEOs are dead

Initial exchange offerings (IEOs) return is near to zero, The Block analyst Larry Chermak points out. He analyzed the most popular platform and came to the conclusion that the IEO era has passed.

“IEOs are dead. There appears to be a clear relationship between the return and the number of days since the IEO. The average return of IEOs approaches 0% in 200 days. In other words, nearly no one wants to hold IEOs long term,” — he wrote in his twitter-account.

In Q III of 2019, 64% of projects showed positive returns; in Q IV their number dropped to 43%. Now only 23% of companies are in positive territory.




Due to coronavirus, ASIC deliveries from China are delayed, and litecoin surges 17% in 24 hours

Deliveries of ASIC from China are delayed due to coronavirus

Chinese manufacturers of ASIC miners have postponed delivery of equipment due to the coronavirus outbreak. All offices and plants in the country were quarantined at least until February 10, according to Zodd Zverev, the CTO of the mining pool 1Thash & 58COIN.

“Internal logistics is almost completely paralyzed in the country, deliveries of food and strategic goods to fight the virus are in priority. Since it is forbidden to go to work and the police strictly controls this, the delivery and installation of new ASICs is practically impossible, ” he said.

In addition, the top management of mining companies, including Bitmain and Canaan Creative, left the country. They should return no earlier than the end of February — the beginning of March. Zverev believes that the slowdown in the introduction of new equipment will help miners stay in the profitable zone on the eve of halving.

Litecoin surged 17% in 24 hours and approached $70

The world’s seventh cryptocurrency by market capitalization went up by more than $10 in price and came close to $70.

LTC rises in price amid the general growth of the cryptocurrency market, but at a faster pace than bitcoin: in January, the BTC price grew by 30%, whereas litecoin strengthened by 65%.

It is worth noting that the first half of last year was very successful for LTC. Over the period from January to June, the coin added 350% in price - this was due to the halving of the block mining reward which took place in August.




Cryptocurrency hedge funds were the most profitable asset in 2019, and how to earn BTC in Minecraft

Cryptocurrency hedge funds were the most profitable asset in 2019

Hedge funds through bitcoin as their primary asset were the most profitable for the year 2019, according to a study conducted by Eurekahedge.

The profitability of hedge funds with cryptocurrency was around 16% on average, whereas traditional hedge funds only received a profit of 10,4%.

Steve Kurtz, CEO of the Galaxy Digital cryptocurrency fund said that the investors interested in Bitcoin are “getting bigger” as the profitability of bitcoin in a duration of 1-, 3- and 10 years is looking impressive.

The revenue of ethereum miners fell by 75%

In 2019, Ethereum miners have generated $936 million in coins, down 75% in 2018, The Block reports.

ETH hash rate reached peak levels in August 2018 at around 292 TH/s, after which the capacity decreased by 43% and now it stands at about 165 TH/s. Mining was most profitable in January 2018, when ethereum was trading near a historic high of $ 1,400.

For comparison, the total income of bitcoin miners in 2019 was over 5 times higher than that of ethereum miners.

 You can earn bitcoins in Minecraft

In Minecraft, the popular multiplayer game, the SatoshiQuest server has been launched, which allows players to receive prizes in bitcoins.

Each player pays $1 in BTC that goes to the treasure fund. A player who finds the loot on the vast landscape receives 85% of the fund, with 15% going back into the next round’s loot pot.

The first round of SatoshiQuest took place on January 26 and it starts over every time someone finds the treasure.




The price of ASIC miners to rise because of coronavirus, and ethereum surpasses the $200 mark

The number of transactions in the BTC blockchain has reached 500 million

The number of confirmed transactions in the bitcoin network has exceeded 500 million. This was announced by Jameson Lopp, the developer of Bitcoin Core, in his Twitter account.

“Today, as of block 616064, Bitcoin surpassed 500 million transactions confirmed on the blockchain,” Lopp tweeted.

It is worth noting that the network is growing with great acceleration: in 2017, the number of transactions did not exceed 250 million. At the current growth rate, in two years the blockchain can surpass the 1 billion transaction mark.

The price of ASIC miners to rise because of coronavirus

That’s what Chen Feng, Sales Director of Canaan, Chinese mining manufacturer, thinks. Due to the coronavirus outbreak, the country declared quarantine and closed down all enterprises, which forces miner manufacturers to postpone the delivery of equipment.

According to Feng, companies will resume work after February 10-15, and ASIC miners will start rising in price in February-March simply because of short supply. Moreover, he points out that it is not clear at the moment it is not clear when cheap logistics will resume in the country.

Ethereum has surged 10% in 24 hrs and surpassed the mark of $200

The world’s second cryptocurrency by market capitalization continues to strengthen — its price has grown by more than 10% to $210 in 24 hours.

Analysts believe that the price of ETH will continue to rise. Trader GalaxyBTC points out that the ETH/USD pair has approached the two-year resistance line, after breaking which "it’s showtime." And according to analyst Josh Rager, in two years, many will regret that they did not buy ethereum at the price of $ 200.

The majority of crypto assets from the TOP-100 show the positive dynamics over the past 24 hours. Thus, bitcoin has updated the maximum of 2020, having risen in price to the level of $ 9,700.




Cyber criminals netted $ 4.3 billion in 2019, and Japan plans to launch its own cryptocurrency

Japan plans to launch its own cryptocurrency

The country should have its digital currency in two-to-three years, according to Kozo Yamamoto, the head of the commission for the study of banking and financial systems of the Liberal Democratic Party of Japan.

He noted that the government will include this question in the list of medium-term tasks and attach the paramount importance to it.

“The sooner the better. We’ll draft proposals to be included in government’s policy guidelines, and hopefully make it happen in two-to-three years,” Yamamoto said.

He thinks that each country should create a digital platform to control cash flow. This will help better handle crises and stabilize the economy.

Cyber criminals stole $4.3 billion in 2019

Threat actors stole at least $4.3 billion in cryptocurrency in 2019, according to a study by Chainalysis. In 2018, the amount consituted $3 billion.

The dramatic increase of fraud was caused by the spread of financial pyramids, with 90% of the funds stolen through six schemes. The Plus Token platform was among the most notorious ones, it promised customers daily income for storing coins. The creators of the pyramid managed to raise $2 billion, they are currently under investigation.

In 2017, most cryptocurrencies were stolen through ICOs, and in 2018, through hacker attacks.

[examplens]

I have some suggestion for you @BestChange.
I can't find the search option on your website. Search by exchanger name.
Also, why you haven't database of blacklisted exchangers, respectively exchangers which should not be used because of the high risk of losing money. Information like this can help more to keep people's funds safe. It will result in your higher reputation and probably a new customer.

[JeromeTash]

Hi @Best_Change, I also have a suggestion. Why don't you guys make a much more professional and detailed Announcement probably in this board (but i think the Exchanges Sub-Board would even be a more suitable place)

This ANN is not detailed and was opened by a profile which is no longer active so modifying it is impossible.