Nigerians Are Taking A Cue From Venezuela And Running To Bitcoin For Safety

Be Your Own Bank 2.0 !

Protect & Profit from Debt Collapse & Cashless Society

 

FINANCIAL EDUCATION = YOUR BEST INVESTMENT

Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology

 

LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0

https://markethive.com/group/cryptocoin 

 

To your success,

DrJADelgado

                    SUCCESS = MINDSET + LEARN + APPLY + TEACH           

David https://markethive.com/david-ogden

Cryptocurrency News Roundup 02.0917

 
Sure, PayPal is an OK service but they're 'Old School' for sending money. Wait til the average Filipino farmer has a crypto wallet on his/her smartphone. Bye Bye PayPal!PayPal Fee Increases for Foreign Currency Exchange
Got an email notice the other day from PayPal regarding various changes to their terms and conditions that will take effect March 29, 2017. [emoji288] As I read into the linked document,…
Look for a monetary crash in Greece. And there are other countries teetering on the edge of disaster. The people in Greece who have cryptocurrency will be gladEU faces crisis as IMF warns Greek debts are on 'explosive'...
Beyond the long-running concerns over Greek debt, Europe is currently locked in a fierce internal struggle over how to "refound" the European Union in the wake of Brexit and the apparent…
Trapped inside the US or outside the US. Both are bad but the people with some cryptocurrency might at least be able to protect some of their assets.IRS Travel Ban For U.S. Citizens: "Due Process Undermined...
This article was written by Shaun Bradley and originally published at The Anti-Media.org. Editor's Comment: These days, it might not take as much as you think to rack up $50k in back…
 
If the US dollar crashes, Colombia will probably be a country a lot of Yanks will head for. And they'll be glad they had some 'crypto' because their 'dollars' won't be worth much.2017 Update on Security in Medellín With Safety Tips for Expats
Security in Medellín is a major concern for expats planning to move to the city as well as for expats living in the city. Several readers asked us to provide an update about security in…
When American expats start heading abroad because things are too chaotic in the US, Portugal will definately be a top European choice. Don't forget your crypto-wallet either because your dollars might not be worth much.What It Costs to Live in Portugal
I've sung the praises of traveling for cheap in Portugal before after being impressed by how reasonably priced it was when I visited last year. But what does it cost to actually live there…
 
 
It's amazing how progressive the 'Old World' is toward cryptocurrency. Check this out.Poland Officially Recognizes Trading in Bitcoin and Other...
Poland has officially recognized the trading and mining of virtual currencies as an 'official economic activity' according to the Central Statistical Office of Poland, hereinafter GUS….
It looks like the innovative Winklevoss twins might pull off their Bitcoin ETF.Bitcoin Price Gets Ready to Factor In Winklevoss Bitcoin ETF...
Speculation is growing about the consequences for Bitcoin if the Winklevoss twins' Bitcoin ETF gets regulatory approval in March. After almost four years of waiting, the US Securities and…
 

Thanks for reading. Like to read or write about crypto news? Join our Markethive Cryptocoin Group via the button below.

 
 
 
created in Publicate

David https://markethive.com/david-ogden

OneCoin Leads Top 3 Scam Coins List, S-Coin, EarthCoin Follow

A lot of individuals have fallen victim to cryptocurrency scams by investing in what they thought were real and genuine cryptocurrencies. Despite several campaigns by enthusiasts of already proven cryptocurrencies, altcoin vendors and investors have insisted on the genuineness of their preferred coins.

Popularity and followership are definitely not among the properties that qualify a given entity as a real cryptocurrency. As a matter of fact, these characteristics reveal the extent to which these altcoins can be negatively rated at their levels of scam.

Do your homework

Lead Consultant at One27 Global Consult, Solomon Barnabas tells Cointelegraph about his ordeal at the hands of vendors of scam coins.

Barnabas says that such coin vendors always sold more referral programs to unsuspecting members with claims that the crowdfunding is necessary for adoption. This he said has caused him a lot of losses both in cash and credibility.

Barnabas says:

“The problem with such programs is that they do not only end up with losing your money, they mess up your relationship with friends and loved ones. The people that you refer to most from these programs are predominantly those who join because they trust and believe in you. Imagine having to struggle to rebuild a reputation that was built over almost a lifetime.”

Angelina Lazar, a rogue economist, ideologue and cryptocurrency revolutionary, advises anyone who intends to join a company that acquires or invests in any altcoin, to first seriously research what the cryptocurrency is, then study all the aspects of the coin itself. For example, such self-education has been made available and affordable by institutions such as Nexxus University.

#1, OneCoin

For Angelina Lazar, OneCoin takes the day as the current number one scam coin in the world. Lazar, who has become popular for her war on OneCoin, tells Cointelegraph that she is expecting conclusive information on OneCoin’s dealings within the next month.

This is after, what she refers to as, a nasty war between her camp and that of OneCoin. According to Lazar, her camp succeeded in getting all of OneCoin’s bank accounts shut down and even China's UnionPay is not interested in dealing with them anymore.

One common position adopted by the propagandists of OneCoin in recent times is the claim that OneCoin is not a cryptocurrency yet. This argument always seems to arise as soon as they realize that their product does not possess the fundamental characteristics of a genuine cryptocurrency. How these followers tend to pursue the cause of OneCoin like a religion is a development that is becoming a subject of keen interest.

To this effect, Lazar points out that the leaders at OneCoin have not relented in making efforts to convince their followers around the world that they are now going public.

She explains to Cointelegraph:

“Which exchange on the planet besides Nibiru would take that company public when their whole management team is being investigated and their CEO is both on bail and on probation simultaneously. That's two different cases in two different countries, mind you. And when they have not one bank account in their name and even all their tertiary accounts which they used for money-laundering in various other names were all shut down as well?”

#2, S-coin, OneCoin surrogate

Second is S-Coin (Coinspace). Packages for S-Coin range up to 12,000 euros. Lazar tells Cointelegraph that this is yet another pyramid scheme with, as she believes, an unsustainable compensation plan, just like OneCoin.

Another characteristic of S-Coin which resembles that of OneCoin is the promise of hope. The Coinspace community run what could be easily referred to as a pyramid scheme with the promise of releasing a cryptocurrency in the future. One major promise of theirs that raises some suspicion is the act of attaching a price of one Euro to the said cryptocurrency. At this point, the question of attaching value to an entity without the basic science of supply and demand comes to the forefront.

They ask the public to pay Bitcoins for S-Coins and claim they will mail the coins to their clients, a scenario that Lazar considers ridiculous because cryptocurrencies are supposed to be digital coins. Lazar says that if they were real and legit, they would be part and parcel of a real Blockchain and be only digital, so that they're spoken for, encrypted, ultimately secure, transparent, and safe and visible.

#3, EarthCoin: beware the set-up

The third top scam coin identified by Lazar is EarthCoin. Although a quick search on coinmarketcap.com reveals a market cap of $935,638 and an available supply of 9,346,468,332 EAC, Lazar does not seem convinced that the coin is genuine.

This coin also has its superblocks, whose coins were vastly pre-mined and even instamined, suggesting that some or all of a coin’s initial supply is generated automatically by the developer at, or prior to, the public launch, rather than being generated over time through a form of mining. Such tricks are usually applied in a pump and dump set-up schemes.

Nawaf Abdullah, CEO of a Ghana-based Bitcoin exchange eBitcoinics, tells Cointelegraph about his reluctance towards accepting EarthCoin.

Abdullah says:

“It is just one of those pump and dump coins which probably would have its HYIPs and all, right after getting the recognition it needs, they just dump it and it's back to the nothing, that’s what it is.”

With no good website, neither any robust information to tell what the coin really is or intends to achieve and a current volume, Nawaf says that all visible factors justify the coin as an element that can be dumped at any given moment.

“Seriously if you ask me I have no vivid info what to even tell you rather than what it is really and that's a big scam a coin it is. Not every cryptocoin is worth the try and EarthCoin is a stay away from type,” he concludes.

We may not see the last of creations that are characterized by unclear processes. However, it is the responsibility of every individual or group of investors to carry out proper due diligence ahead of venturing into new areas of investment.

Bryan Tuck
Partner
Markethive Inc.

(231) 487-2032

bryanhead

Join our Cryptocurrency Group. Time is running out.
https://markethive.com/group/cryptocoin

 

P.S. Learn how regular JOES are earning up to 1 bitcoin every 24 hours using our proven system

 

Originally published at www.cointelegraph.com – February 7, 2016

David https://markethive.com/david-ogden

Chinese Influence on Bitcoin

Reports of a ‘closed-doors’ meeting surfaced yesterday, one wherein the PBOC was said to have met with representatives of Chinese bitcoin exchanges. While details were scarce at the time, the Beijing branch of China’s central bank has shed further light into the private meeting and its participants.

Having previously inspected and conducted on-site checks of Beijing-based exchanges Huobi and OkCoin, PBOC Beijing revealed that similar talks were held with the heads of 9 bitcoin exchanges.

Today  Huobi and OkCoin Exchanges suspended Bitcoin withdrawals for a month which caused a crash ending what had been a rising market. One of the problems with Bitcoin is that China also  is the home of the majority  of bitcoin miners and can wave a knock on effect on the market. Bitcoin has a major latency problem maybe this might help it catchup.

Yuan deposits and withdrawals are not affected, the exchanges said.

Markets had been hovering around $1,063 when the news broke, though this has now changed as the market seeks to price in the news.

According to the CoinDesk USD Bitcoin Price Index (BPI), prices fell as much as $80, hitting a low of $958.56. BPI data shows that prices had previously hit a high of $1,077.76 earlier today.

At press time, bitcoin prices are at an average of $988.

CNY-denominated markets were down more than 13% from their peak on the news at one point, according to the BPI, falling from a high of ¥7,598.92 to an average of ¥6,755.52.

However, the price was up 5% on the day at press time, indicating traders were perhaps viewing the news as a buying opportunity.

Real-time response

So far, market observers appear to be reacting with a mixture of surprise and concern.

David Ogden
Entrepreneur

David https://markethive.com/david-ogden

Crypto Blockchain Article Roundup

Utah May Soon Dump the Fed?

Art says – Utah May Soon Dump the Fed?

 
Utah May Soon Dump Federal Reserve
People in Utah have a reputation for being pretty smart with money and they're tired of the Fed. Could the state actually dump the Fed? Who knows…but the idea is indicative of a growing public awareness. Click to read the article.
 

Art says – Humans are so creative in turning technology into aggression and/or an excuse to make money.

 
Blockchain developers Guardtime to design next-generation NATO...
The Estonian based security software company Guardtime has been awarded a contract by the Estonian Ministry of Defence and NATO, to design a next generation system, including a blockchain,…
 

Art says – One service and consulting niche that is surely getting a boost from the crypto-craze is "Security". Here are some expert tips for a more secure crypto-life.

 
Bitcoin Security Made Easy: simple tips for non-experts
This is the first article in a series discussing general security practices that become essential when your money is digital. I have a confession. While today I work to help people and…
 

Art says – When big-name consultants like Deloitte get into blockchain, you know it's because they see a growth industry. 

 
Irish Funds, Deloitte and State Street launch blockchain project
The Irish Funds Industry Association (Irish Funds) recently announced a new regulatory reporting blockchain project, in collaboration with Deloitte, and industry participants including…
 

Art says – Yes it's complimentary that the Governor of the Bank of England speaks positively about "virtual currencies". But notice that his vision still assumes central bank involvement. They just don't understand that we don't want any more of their help, do they?

 
Central Bank Governor says Digital Currencies could displace...
The Governor of the Bank of England (BoE) and Chair of the Financial Stability Board and Monetary Policy Committee, Mark Carney, recently gave a speech about FinTech, financial inclusion,…
 

Art says – What effect will blockchain ultimately have on the way banks operate? This expert implies that it might allow banks to be regulated in a more positive way. You'll like his humorous comments about the chaotic way banks interact with regulation now.

 
Bank regulations change every 12 minutes
I recently spent a day in a meeting discussing Governance, Risk and Compliance (GRC) … yawn. Well, it is a bit of a dull area, but highly important. In fact, what gets me is that…
 

Art says – I do admire this "Fed" employee's entrepreneurial spirit but what pisses me off is the light slap-on-the-wrist he (an "insider") got in comparison to what happens to non-government employees (AKA: "outsiders") when they do things much less egregious. But it's a funny story.

 
Employee mined bitcoins on Federal Reserve servers for two years...
The Federal Reserve Bank is the Central Bank of the United States and issuer of the US Dollar. However, wielding the power to print just one currency may not have been enough for one former…
 

That's enough news in this round-up. I hope you enjoyed the information. If you're interested in the blockchain and crypto world, join one of our groups at Markethive.

 
 

Need a Case Study done? Or some email copywriting? Give me a call at 713 701 1853

 
 
created in Publicate

David https://markethive.com/david-ogden

John McAfee on bitcoin and cybersecurity

Be Your Own Bank 2.0 !

Protect & Profit from Debt Collapse & Cashless Society

 

FINANCIAL EDUCATION = YOUR BEST INVESTMENT

Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology

 

LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0

https://markethive.com/group/cryptocoin 

 https://markethive.com/group/cryptogoldmoney 

https://www.facebook.com/cryptogoldmoney/ 

 

To your success,

Dr. José Angel Delgado

HTW Program & Financial Freedom

www.hightrafficwealthprogram.com   

                         SUCCESS = MINDSET + LEARN + APPLY + TEACH                         

David https://markethive.com/david-ogden

Bitcoin’s Price is Back Within $100 of its 2017 High

The price of bitcoin keeps creeping higher.

Bolstered by buoyed sentiment (and the increasing unlikelihood that China’s central bank will again step in and correct the market), bitcoin breached $1,050 at 13:00 UTC amid a near-3% increase for the day so far.

The total marked the highest point observed on the CoinDesk Bitcoin Price Index (BPI) since 6th January, just a day after the price dropped nearly $200 within hours of hovering near all-time highs set in late 2013 (a move that was widely attributed to the widespread use of market leverage).

The price movements come amid an uptick in volume that followed a substantial decline in volume at major exchanges.

Data from Bitcoinity shows the market is up slightly since three major China-based exchanges to begin imposing fees on both sides of bitcoin trades, a market change that is still being widely felt.

Yet, there is still some tepid sentiment in the market, as put forward by China-based OTC trader Zhou Shouji.

He maintains that "no one knows" if further actions will be taken, though he indicated some may be preparing for this scenario.

Shouji suggested China-based traders see the increasing price as a potential red flag for domestic regulators, even while others positioned it as a more natural recovery.

Bryan Tuck
Partner
Markethive Inc.

(231) 487-2032

bryanhead

Join our Cryptocurrency Group. Time is running out.
https://markethive.com/group/cryptocoin

 

Originally posted at Coindesk.com – February 7, 2017
Image via Shutterstock

David https://markethive.com/david-ogden

Investors Need to STOP Ignoring Bitcoin & Cryptocurrencies!

Be Your Own Bank 2.0 !

Protect & Profit from Debt Collapse & Cashless Society

 

FINANCIAL EDUCATION = YOUR BEST INVESTMENT

Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology

 

LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0

https://markethive.com/group/cryptocoin 

 https://markethive.com/group/cryptogoldmoney 

https://www.facebook.com/cryptogoldmoney/ 

 

To your success,

Dr. José Angel Delgado

HTW Program & Financial Freedom

www.hightrafficwealthprogram.com   

                         SUCCESS = MINDSET + LEARN + APPLY + TEACH                         

David https://markethive.com/david-ogden

Will $1,000 become new baseline for Bitcoin

Recently, the price of bitcoin surpassed US$1,000 for the first time since the first few days of January. It stabilized at the $1,020 margin in most global markets and exchanges. Some regions like South Korea, Japan and China demonstrated arbitrage opportunities, with bitcoin being traded at around 7~8% premium.

bitcoin being traded at around $1,100 in South Korean #bitcoin exchanges including Korbit & Coinplug. Nearly 7% premium. pic.twitter.com/NeuWFzhn9f

— Joseph Young (@iamjosephyoung) February 3, 2017

Although many factors can be analyzed to explain the recent price surge of bitcoin, the most evident factor is the decline in the value of US dollars. Previously, when both the mainstream and bitcoin media reported that the Chinese market controlled approximately 93% of the global bitcoin exchange market, analysts and investors closely looked at the development of the Chinese market and regulations. As such, events like the devaluation of the Chinese yuan or introduction of tightened policies such as the imposition of regulation on Wealth Management Products were perceived as major factors behind the increasing value of bitcoin.

However, due to the requests of the Chinese central bank, Chinese bitcoin exchanges came to a consensus to add trading fees. As a result, inflated volumes were eliminated and the Chinese bitcoin exchange market began to demonstrate legitimate trading volumes.

Upon the “clean up” of Chinese bitcoin exchanges as the People’s Bank of China (PBoC) like to describe it as, it was revealed that the USD/BTC pair is more liquid than the USD/CNY pair. In other words, major USD supporting exchanges like Bitfinex, Kraken and Bitstamp represent a larger trading volume to that of the Chinese bitcoin exchange market.

According to bitcoin trading data providers like CoinMarketCap, the BTC/USD pair is currently demonstrating a daily volume of $41 million, while the BTC/CNY pair is demonstrating roughly half of that, at around $21 million.

Therefore, it can be said that economic uncertainty, financial instability or political events in the West or the US in particular will have a larger impact on the price of bitcoin and its trend.

There is also news that Bitcoin’s price jumped by around $30 just yesterday shortly after it became clear that Bitcoin Unlimited had overtaken segwit in hashrate share.

In other news Infinity Economics opened it new wallet to some 80,000 owners, who can now send and recieve XIN to one another. The next stage to be implimented with be the voting system, which will allow owners to formulate the direction of the coin.

David Ogden

 

David https://markethive.com/david-ogden

Bitcoin is back above $1,000

 

Bitcoin is back above $1,000

Bitcoin is is back above $1,000 for the first time since January 5. The cryptocurrency was higher by 1.5% at $1,000.10 a coin as of 11:39 a.m. ET.

It's been a wild year for bitcoin. It began 2017 with a 20% rally during the first five days of the year before crashing 35% on concerns of a crackdown on trading in China.

Thursday's gains have extended bitcoin's winning streak to a sixth straight session as trade appears to be benefitting from uncertainty surrounding Donald Trump's presidency. The cryptocurrency has gained nearly 10% since Trump was inaugurated on January 20.

I believe that is the $1,000 level can be maintained  we will see a rise again later in the year. The recent trend has been upwards but it wil peak and then fall again.

I have been earning free bitcoins at Bitearn , by completing surveys, the rewards are not great , the equivalent of less than a pound a day, which I transfer to my wallet. This adds interest to tracking the market both in Bitcoin and other Cryptocurrencies.

Today Infinity Economics Launched thier wallet to members. The next few weeks will see added functions, as it is much more than a wallet.

David Ogden

Earn Free Bitcoins Here

 

 

David https://markethive.com/david-ogden