BitcoinMoschiach (OP)
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July 22, 2018, 10:31:03 AM |
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Blockchain Spending Projected to Hit $11.7 Billion in 2022 The International Data Corporation (IDC) has released the Worldwide Semiannual Blockchain Spending Guide. It is estimated that total blockchain spending in 2018 will be USD 1.5 billion, double the 2017 total. Further, the IDC calculates the compound annual growth rate of the blockchain industry is 73.2%, with nearly USD 3 billion of blockchain spending in 2019, USD 5 billion in 2020, over USD 8 billion in 2021, and USD 11.7 billion in 2022. Read full article at https://bitcoinnews.com/blockchain-spending-projected-to-hit-11-7-billion-in-2022/ |
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July 22, 2018, 10:31:55 AM |
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UK Law Commission Begins Smart Contract Research for Legal Reform The UK Law Commission has begun research into blockchain technology, specifically smart contracts, in order to reform current laws to reflect their legal viability and use cases. The commission published a working paper on Thursday detailing the extent of the agency’s research thus far. Initial research has already begun, according to the paper, with the in-depth study starting this summer. The project is described as working towards formulating laws that sufficiently reflects the nuances of the emerging technology, including providing flexibility in a ”global, digital context” while providing both legal clarity and certainty. Read full article at https://bitcoinnews.com/uk-law-commission-begins-smart-contract-research-for-legal-reform/ |
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July 22, 2018, 10:33:06 AM |
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CoinMarketCap Changing Policies and Design to Reduce Trading Volume Fraud CoinMarketCap, a leading site for cryptocurrency market cap data and crypto exchange ranks, has announced that an update of policies and website design to reduce the impact of trading volume fraud on crypto exchange ranks, in a post titled ‘CoinMarketCap stands for data transparency and clarity‘. Read full article at https://bitcoinnews.com/coinmarketcap-changing-policies-and-design-to-reduce-trading-volume-fraud/ |
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July 22, 2018, 10:34:10 AM |
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Hydro-Québec Sets Out Clear Vision for Crypto Mining Future Quebec, now becoming fast becoming North America’s mining hub due to its cheap energy prices, is under pressure to clarify exactly what Hydro-Quebec has planned for the province’s future; a recent interview with the public utility reveals some of the misconceptions and truths behind recent public criticism. Much of the criticism has come from the non-mining majority, who are concerned about crypto mining activities increasing power costs and small mining operations, resulting in new requests from crypto miners to operate being temporarily suspended, pending the results of a moratorium. Read full article at https://bitcoinnews.com/hydro-quebec-sets-out-clear-vision-for-crypto-mining-future/ |
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Falmera
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July 22, 2018, 10:34:38 AM |
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Hello cryptocurrency enthusiasts, traders, investors, innovators, miners, and advocates! I will be posting BitcoinNews articles and videos in this thread, from https://bitcoinnews.com/ . We cover the full spectrum of Bitcoin, blockchain, and cryptocurrency news with about 10 new stories being published per day. I hope you find the videos educational, and I will always be checking in to answer any questions, comments, or critiques. To start, here is a video about hyperbitcoinization, an optimistic way to start this thread  Hyperbitcoinization: The End Of Fiat Currency, $100M Bitcoin? Hyperbitcoinization is defined Bitcoin commentator ObiWan Kenobit as “a theoretical state wherein Bitcoin displaces legacy currencies and becomes the dominant if not only method to exchange value”. Hyperbitcoinization was first discussed by Nakamoto Institute founder Daniel Kraswisz in 2014, and ObiWan Kenobit thinks it could lead to Bitcoin prices as high as USD 100 million per coin. Read the full article at https://bitcoinnews.com/hyperbitcoinization-the-end-of-fiat-currency-100m-bitcoin/Video: https://www.youtube.com/embed/6SlPtBB-eAwA lot of news about bitcoin and a lot talk about its assurance as to how long will it be used by the people. We all know bitcoin is still here because there are lot of people supporting it. If each of the country will ban bitcoin then I think that will be its end. But I do hope it will not happen. |
ORVIUM Open and Transparent Science
『 https://orvium.io/ 』 Powered By Blockchain |
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BitcoinMoschiach (OP)
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July 22, 2018, 11:17:52 PM |
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VanEck’s Gabor Gurbacs Considers Bitcoin Digital Gold Director of digital asset strategies at VanEck, Gabor Gurbacs, considers Bitcoin to be a safe haven investment like gold and calls Bitcoin, digital gold. He suggests that investors who typically buy gold might diversify and buy Bitcoin, and perhaps 5-10% of the USD 7 trillion invested in the gold market may transfer over to the leading cryptocurrency. This would increase Bitcoin’s value by hundreds of percent to USD 28,000-48,000 since the current Bitcoin market cap is USD 128 billion and 5-10% of the gold is USD 350-700 billion. Read the full article at https://bitcoinnews.com/vanecks-gabor-gurbacs-considers-bitcoin-digital-gold/Video https://www.youtube.com/watch?v=TlWyo0KXV-Q |
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July 22, 2018, 11:19:14 PM |
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Fortune ’40 Under 40′ List Names 5 Crypto Leading Lights in Innovation Cryptocurrency innovators have broken new ground with five now joining the list of 40 young global business disruptors represented on this year’s Fortune under 40’s rankings. The list was introduced in 1999 and ran every year until 2003. It was reintroduced after the global economic crisis of 2008 to celebrate notable innovation by the under 40’s. This year’s list was topped by Facebook founder Mark Zuckerberg in joint first place with Instagram co-founder Kevin Systrom. Cryptocurrency professionals and enthusiasts will notice some more than familiar names on this year’s list including Ethereuem co-founder, Russian-Canadian Vitalik Buterin in 22nd place, who also co-founded Bitcoin Magazine. Remarkably at only 24 years of age, this was not his first time listed in the prestigious rankings as he also featured in 2016 and has now made three in a row. Read the full article at https://bitcoinnews.com/fortune-40-under-40-list-names-5-crypto-leading-lights-in-innovation/Video https://www.youtube.com/watch?v=q1zPZQ0jkRI |
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July 22, 2018, 11:22:46 PM |
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Ukraine’s Proposal for Steps to Regulate Crypto Revealed as Popularity Grows The Ukraine National Securities and Stock Market Commission (NSMCS) has indicated that the Financial Stability Council (FSC) is considering further crypto regulation in that country. The FSC is the Ukrainian body responsible for assessing and minimizing risk in the country’s national financial sector. The council comprises of the Governor of the National Bank of Ukraine, the Minister of Finance, heads of the National Securities and Stock Market Commission and the National Commission for State Regulation of Financial Services Markets and Managing Director of the Deposit Guarantee Fund. Read the full article at https://bitcoinnews.com/ukraine-proposal-for-steps-to-regulate-crypto-revealed-as-popularity-grows/Video https://www.youtube.com/watch?v=GNj-jUc6qiM |
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July 22, 2018, 11:23:55 PM |
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Now You Can Tokenize Your Classic Car On the Blockchain The Mobility Open Blockchain Initiative (MOBI) could well be the next big blockchain experience for car owners. But, Proexus, a new startup is taking it to the next step, showcasing where blockchain technology can take the automotive industry. MOBI aims to speed up the adoption of blockchain in the motor industry and with 30 companies on board including BMW, Ford, Renault and General Motors it packs a punch. Its website describes the platform as working with : “…forward thinking companies, governments, and NGOs to make mobility services more efficient, affordable, greener, safer, and less congested by promoting standards and accelerating adoption of blockchain, distributed ledger, and related technologies.” Read the full article at https://bitcoinnews.com/now-you-can-tokenize-your-classic-car-on-the-blockchain/Video https://www.youtube.com/watch?v=a-SUQw_Oofw |
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BitcoinMoschiach (OP)
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July 22, 2018, 11:27:19 PM |
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Is Coinbase Turning Political With Its New Action Committee? The U.S. Federal Election Commission revealed this week that Cryptocurrency exchange giant Coinbase has formed a Political Action Committee (PAC). The role of PACs in the US is that of a fundraiser for candidates running for public office. At the U.S. federal level, an organization becomes a PAC when it receives or spends more than $1,000 for the purpose of influencing a federal election and registers with the Federal Election Commission, according to the Federal Election Campaign Act. Read the full article at https://bitcoinnews.com/is-coinbase-turning-political-with-its-new-action-committee/Video https://www.youtube.com/watch?v=cRX7T6-qCOw |
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July 22, 2018, 11:29:21 PM |
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HashFlare Cloud Mining Service Terminates All Bitcoin Mining Contracts HashFlare was one of the most popular services offering Bitcoin cloud mining until they abruptly terminated all Bitcoin mining contracts on 20 July 2018. Apparently, there is a clause in their terms of service that if maintenance and electricity fees become higher than mining revenue then they have the right to permanently terminate mining contracts. HashFlare claims that as of 18 July 2018, Bitcoin mining had been unprofitable for 28 consecutive days and they began disabling SHA-256 mining hardware on that day. And now, they are claiming that all of their mining equipment is shutoff and obsolete for the time being. Read the full article at https://bitcoinnews.com/hashflare-cloud-mining-service-terminates-all-bitcoin-mining-contracts/Video https://www.youtube.com/watch?v=MPYVdnTiZh0 |
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BitcoinMoschiach (OP)
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July 22, 2018, 11:30:58 PM |
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Bitcoin Futures Trading Volume up 93% From Q1 to Q2 in 2018 on CME Bitcoin futures contract trading volume on the Chicago Mercantile Exchange (CME) is up 93% from Q1 to Q2 in 2018, with average contracts traded per day increasing from 1,854 to 3,577. Each contract is equivalent to 5 bitcoins, so in Q2 an average of 17,885 bitcoins were transacted per day on the CME futures market, making 536,550 bitcoins worth of future contracts traded per month. This is a sign of increasing institutional investment, since Bitcoin futures contracts are the only regulated Bitcoin investment product available on the stock exchange. Read the full article at https://bitcoinnews.com/bitcoin-futures-trading-volume-up-93-from-q1-to-q2-in-2018-on-cme/Video https://www.youtube.com/watch?v=_j49_crQldk |
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July 22, 2018, 11:33:58 PM |
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BitMEX CEO Calling For Extreme Bitcoin Price Volatility During 2nd Half Of 2018 Arthur Hayes, the CEO of the Bitcoin Mercantile Exchange (BitMEX) which is recording billions of dollars in daily trading volume, thinks there will be extreme volatility in the Bitcoin market during the rest of 2018. He believes that the July 2018 Bitcoin rally which started with a price rise from USD 6,200 to USD 7,500 will be similar to the April-May 2018 rally where Bitcoin prices rose from USD 6,500 to USD 10,000. He says this is a strong rally with good volume and Bitcoin’s price could rise to the USD 8,000-10,000 range, but thinks Bitcoin will crash after that. Arthur Hayes says, “I would like to see us test USD 5,000 to really see if we put a bottom in”. Read the full article at https://bitcoinnews.com/bitmex-ceo-calling-for-extreme-bitcoin-price-volatility-during-2nd-half-of-2018/Video https://www.youtube.com/watch?v=oCLFGHhpuiQ |
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July 22, 2018, 11:35:49 PM |
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China’s Bitcoin Rich Desert China for Overseas Real Estate China’s Bitcoin nouveau riche are taking their profits overseas in search of the perfect real estate opportunity, according to Coindesk. It appears that California and the UK, notably London, are on top of successful Chinese entrepreneurs’ hit list of favorite locations for an investment in property or second residence. This choice is reported to be motivated by innovative fintech activity in these areas. Other popular locations are Hong Kong and Dubai. Read the full article at https://bitcoinnews.com/chinas-bitcoin-rich-desert-china-for-overseas-real-estate/Video https://www.youtube.com/watch?v=GZ1qqcV_8x8 |
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July 22, 2018, 11:38:12 PM |
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Costa Ricans Happy To Receive Crypto Paychecks in Growing Trend Costa Ricans are disregarding banks in the Central American country and increasingly employees are turning to Bitcoin for paychecks. According to a report in the Costa Rica News, the popularity of cryptocurrency is on the rise, with ATMs readily available and more businesses now accepting Bitcoin, despite the government’s declaration that digital currencies are outside of Costa Rica’s banking system and therefore not an official currency. Read a full article at https://bitcoinnews.com/costa-ricans-happy-to-receive-crypto-paychecks-in-growing-trend/Video https://www.youtube.com/watch?v=N3bv3O_Symk |
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July 23, 2018, 12:06:51 AM |
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Facebook Partially Reverses Crypto Ads Blanket Ban, Whitelists Coinbase Earlier in 2018, Facebook, Twitter, and Google banned cryptocurrency related advertisements in an effort to reduce crypto scams. According to Coinbase’s CEO Brian Armstrong, Facebook has partially reversed its blanket ban of all cryptocurrency ads by whitelisting Coinbase, the top cryptocurrency exchange based in the United States. This is positive news for the crypto space, since this sets a precedent for additional legitimate crypto companies to be whitelisted by Facebook in the future. Read the full article at https://bitcoinnews.com/facebook-partially-reverses-crypto-ads-blanket-ban-whitelists-coinbase/Video https://www.youtube.com/watch?v=5F7CnH3Yegw |
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