Bitcoin Exchanges and China’s PBOC Meeting

China’s PBOC Meeting With Bitcoin Exchanges: On A Bright Side?

The price of Bitcoin has been growing steadily in what seems to be a recovery from the setback it suffered on Wednesday, January 18 following reported allegation of irregularities in the operations of major exchanges in China by the People’s Bank of China (PBOC).

Officials of the Bank had met with key exchanges – BTCC, OKCoin and Huobi – on January 11 to remind them of their responsibility to conduct their activities according to the laws of the country. The news of the meeting dipped the price of Bitcoin from the $916 range to as low as $761 due to panic selling which emanated from fears that the onsite inspection could jeopardize investment in the digital currency.

However, after a review of messages from all indications – the PBOC, the exchanges and cryptocurrency insiders, nothing new came out of what was misconstrued for a ban in some quarters aside reiterating what the Chinese government had earlier established about Bitcoin and other digital currencies not being legal tender in China.

It is not new for a ban on cryptocurrency-related activities to come to mind when it comes to China as the country is estimated to be handling about 90% of the world’s Bitcoin operations and holdings. This is a view that has been held for long and hinged on the need for the digital currency’s distribution to be considered a geopolitical risk exposure.

The PBOC’s involvement in bitcoin trading could lead to regulation of the industry. Image from Shutterstock

Rather than a ban in this instance, the government called for a “self-examination” which, in retrospect, means the exchanges and other stakeholders’ need to manage the digital currency’s price fluctuation responsibly owing to the price sudden rise in the first few days of 2017.

The CEO of Decent, Matej Michalko, blamed the “bad players” for the situation. He says in a chat:

“The heated discussion about BTCC compliance with People’s Bank of China showed a palpable misunderstanding of context. The point was to adopt the set of regulatory policies called AML/KYC, that calls for detailed anti-corruption due diligence information sharing and anti-money laundering. Bitcoin came under fire because of the outright abuse of the technology. Various people avoided capital outflow laws and transferred large sums of money, what grabbed the attention of financial agencies. Fault isn’t precisely on the state, nor currency itself, but on the bad players.”

The Chinese government’s expressed concern seems to indicate that it wants to see the price of Bitcoin remain stable. And that was what has been seen in the market for the following days. After the dramatic drop, the price started building up again from January 13 moving between the $801 and $831 range for four days when Theresa May’s speech on the Brexit plan triggered interest in Bitcoin.

It gained more than $80 in the less than 24-hours that followed until the news came out that the results of the PBoC probe into China exchanges would be released on Friday, January 20. The $913 height was back to $864 but has been climbing back to $877 (according to CoinMarketCap) as at the time of this writing.

While it is clear that China has not come down hard on Bitcoin and its recent involvement could be seen as a legitimate concern that could obliquely publicize Bitcoin as recognized by the government, what would happen in the next few days would be critical for Bitcoin owing to the caution that is being exercised presently by the three most influential exchanges in China as well as observing Bitcoin investors.

It is unclear whether the price stability that is currently at play will be sustained for longer to bring about the real growth that is anticipated in the long term based on predictions that 2017 would be a better year for Bitcoin. However, what is clear is that the quick spike to over $1000 in the first five days of the year has put all the major stakeholders on alert and we just have to wait to see what the year would bring for Bitcoin.

Source: https://www.cryptocoinsnews.com/pboc-bitcoin-exchanges-bright-side/

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Dennis Roeder
Markethive Member
skype: daroeder

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

The Rise of CryptoCurrency

MyCryptoCoin  MCC

The world is changing. FAST

Worldwide, we are becoming more and more interdependent
on each other everyday.

Anyone who is informed about cryptocurrency knows that
it is the future of world commerce.

Although many cryptocurrencies exist already, all but a handful
of coins are merely bitcoin copies which have deficiencies with
respect to transaction speed necessary for use in daily commerce.

Those inside the cryptocoin scene know, when the copycat
coins have come and gone, that there will be a handful of
coins remaining that will provide everyday use cryptocurrency
to the entire world.

They are, bitcoin (BTC), Ethereum (ETH), Ripple (XRP), NXT, 
and the soon to launch MyCryptoCoin (MCC).

Thankfully, during growth our members have enjoyed
enormous gains every step of the way.

Of these top few, MCC is the coin designed for mass distribution
and usage due to its “heavy load” blockchain technology that
improves its lightning speed performance with each new user.

This separates MCC from the rest, making it a perfect fit for 
everyday transactions.

MCC features a Universal wallet which allows for worldwide
bridge payments and transactions using any type of currency
including fiat paper money, electronic payment systems, and
cryptocurrency.

Advanced capabilities in smart contracts, micro-services, and
decentralized applications are a few of the amazing possibilities
interwoven within the MCC core technologies.

Take the first step now by registering your interest at  http://wavefour.cryptocoin20.com/

Then remember to come to our webinar @ 1400Hr hrs MT on Monday 26th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars Every DayFor times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

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

As Bitcoin Price Surges, Phishing Attacks on Cryptocurrency Wallets Intensify

As Bitcoin Price Surges,
Phishing Attacks on Cryptocurrency Wallets Intensify

Today's Bitcoin to US Dollar exchange rate has reached $902, the first time Bitcoin price has gone above the $900 mark since January 2014, almost three years ago. Nobody knows what's driving this sudden surge of Bitcoin popularity, but cyber-criminals won't bother looking into macroeconomic factors when deciding that the market is ripe and ready for the taking again.

Bitcoin price surge reverberates through cybercriminal landscape

Over the past couple of months, as the Bitcoin price was slowly coming out of the $200-$400 price range where it spent almost two years, cyber-criminals took notice.

The first to do so were ransomware authors, who had to cut down the ransom demands they asked from victims. They had to do this because a ransom of 2 Bitcoin that once meant $400, all of sudden became $1,200, or more, a sum that very few users could afford to pay.

But ransomware victims are occasional Bitcoin users. A more lucrative operation is the phishing market sector, where crooks have yet again turned their full attention to Bitcoin wallet services.

The culprits behind these phishing pages targeting Bitcoin users are your regular career phishers. The Cisco OpenDNS team has tracked the operators of some of these Bitcoin phishing sites to numerous other phishing domains, used for collecting credentials for other services, such as Google, Dropbox, Apple, Amazon, and others.

What Any Cryptocurrency Needs to Achieve Mass Adoption

    5 Things Any Cryptocurrency Needs to Achieve Mass Adoption

Bitcoin, the giant in the world of cryptocurrency, continues to defy all expectations of an early demise and rises higher and higher in value and use. Its adoption as everyday money, however, remains negligent among the common people, almost eight years after the digital currency first emerged.

While the title of “ the first cryptocurrency” is no longer up for grabs, the title of “digital cash” still remains unclaimed, ready to be seized by another up-and-coming digital money. In order to become the common medium of exchange for large swaths of the world, a cryptocurrency first needs to fulfill a few crucial requirements.

Easy and inexpensive transactions

Forget about cryptocurrency for a second. Right now, regular people use either cash or card for day-to-day transactions.

Cash has no transaction costs but requires you to be physically present and have adequate change, and card transactions are relatively instant, though final confirmations often happen the next day, although fees are relatively high it is enough to disincentivize very small transactions. Any cryptocurrency wanting to make inroads with the common people has to beat this by having faster and cheaper transactions.

Bitcoin already offers this advantage, though the margin by which it does is growing slimmer by the day, and even now it may not be enough to entice the public to abandon traditional financial means. Any cash or card replacement has to be better by a large enough margin to warrant a change.

The same goes for fees. Cash has no fees. Other money transfer tools, like cards and bank accounts, are able to charge a fee because they are able to function across great distances with greater efficiency. Cryptocurrency has those same advantages over cash, and as such can be expected to have an associated transaction fee. However, that fee must be significantly lower in order to entice your average consumer away from banking systems. Large companies can afford to make major payment changes in order to save a few cents per transaction because of scale, but regular people cannot.

Improvements to Bitcoin’s basic model

Bitcoin retains an enormous lead in adoption ahead of other cryptocurrencies. Compared to traditional financial systems, Bitcoin provides enough benefits and improvements to warrant a switch. If a currency wants to beat Bitcoin as the new money, it has to be objectively better. Faster or more inexpensive transactions, more anonymity, a better governance structure, and other features are needed to set another coin apart to justify its use and adoption. If a cryptocurrency does similar things as Bitcoin in the exact same way, its chances of taking over as the digital money of the future will be extremely slim.

A streamlined Bitcoin substitution mechanism

Right now, Bitcoin maintains a massive lead in adoption over every other cryptocurrency. That lead was earned on the promise and hype, not of Bitcoin alone, but of cryptocurrency and of the Blockchain technology itself.

Attempting to best the great front-runner of digital currency from scratch, and without a truly staggering level of difference between the two, simply won’t happen. The only way to compete with Bitcoin, as previously mentioned, is to provide at least as much utility, and a large chunk of Bitcoin’s utility is its adoption lead. What another cryptocurrency needs, then, is an easy and efficient way to be used in Bitcoin’s place such as an automatic exchange built into the wallet.

An easy fiat currency conversion system

Like it or not, the world still currently runs on government-issued fiat currency. Living entirely off of cryptocurrency, without any method of conversion into fiat, it is extremely difficult at the present time, and not a viable option for most people. The average person will need an easy way to buy and offload a cryptocurrency for it to be a practical option for them. Most cryptocurrencies are only easily accessible through first acquiring Bitcoin. In order to become dominant and widely accessible, that crippling reliance on Bitcoin needs to end.

An aggressive adoption campaign targeted at the common people

Finally, in order to entice the world at large, the digital currency needs to presented in a way that resonates with most people. While some technical users will care about hash rates, cryptographic keys, smart contracts, and ring signatures, the common folk will not. They need to be reached with the language of cheaper fees, faster access to funds, more security, less paperwork, etc. The only way anyone will know why cryptocurrency makes sense for them is for someone to tell them why. In order to achieve that, a successful marketing campaign is needed.

The cryptocurrency world, while new, is wildly diverse. However, in terms of a tool for everyday use in financial transactions, Bitcoin has almost exclusive reign. In order to dethrone the king of digital cash, any competitor has to bring their A-game.

David Ogden
Contributor

 

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

Make Money with Cryptocurrency

The past few day has seen bitcoin reaching towards the $1,000 per coin level after more than doubling its value this year. People in the know have been transfering some of their saving into Cryptocurrency to ride the wave. Citizen in the like of India, Venezuela, Brazil, Nigeria have started to purchase coins to protect themselves from losing their savings as government play around with fiat currencies declaring some notes as no longer legal tender. The Philippine government is thinking about its need to license exchanges in its country where many overseas workers  use bitcoin so send money to their families, rather than expensive bank transactions. Banks are starting to get concerned and are starting to look at blockains,. the software technology  behind Cryptocurrency to protect their business.

Now the question is  if you have money in you bank, is now the time to buy bitcoin. $1,000 is a barrier which may take a month or or more to breach with bitcoin trading at $847-915. In the longer term the coin is expected to rise.  The problem is that Bitcoin is not perfect and will not become a mainstream product until it resolves its latency issues, because commerce  in this fast moving world and cannot afford to wait minutes or hours for transaction to be completed. Time is Money.

One short/ long term option is to place your savings into another coin which is running a crowd funding campaign and ICO for mycryptocoin (you can see a white paper here) This coin has not only resolved the latency issue but will revolutionise the way customers wallets work. The tokens are valued at $0.1 but on first day of trading coins will trade at $1.0. If you put your money into the crowdfunding project the gains will be enormous however due to the fact the project closes at the end of the month you need to take action  now to complete the purchase of tokens.

Take the first step now by registering your interest at  http://wavefour.cryptocoin20.com/

Then remember to come to our webinar @ 1200Hr hrs MT on Friday 23rd December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars Every DayFor times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

 

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

Will Latency Slow Bitcoins Rise?

 

Will Latency Slow Bitcoin Rise

Yes bitcoin has doubled in value over the past year, however as more people turn to bitcoin then more miners are required to ensure transactions are completed quickly. China has a large share in mining pools, however in the past months some pf them have been shutdown for stealing electricity to power the computers required to solve the mathmatics which builds blocks in the blockchain. the longer it takes to produce blocks the slower the transaction becomes.

There has been talk of fork to update the blockchain but there is no consences for this. Implimentation might also prove challenging due to its widespread distribution which perversly adds to it security.

Waiting in the wings is a new coin Mycryptocoin (MCC), which brings together the best of bitcoin and ether, but using Proof Of Stake(POS) to replace mining as all coins will be allocated at launch. Smart contract and application csn be run on the blockchain. Owners walletscan hold MCC and these can be brought and sold within the wallets with links to all other ccyptocurrencies, banck accounts, cards and other payments sytems such as paypal. Truely a one stop wallet complete with its own Visa card.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

 

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then remember to come to our webinar @ 1000 and 1300Hr hrs MT on Thursday 22rd December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars Every DayFor times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

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

Bitcoin Investing A Smart Long Term Move

http://BSR483414033.cryptocoin20.com

Bitcoin Investing, A Smart Long Term Move

Source: http://howtomakemoneywithbitcoin.net/investing-in-bitcoin/

We're going to talk about Investing in bitcoin, and if it’s a smart play or not. There’s a few factors at play other than the price of bitcoin that you should be aware of before making your decision. We’ll also cover a few ways to invest in the digital currency.

Bitcoin has been one of the most amazing currencies to watch in the history of mankind.

First of all, the value of Bitcoin is only as strong as the trust that the Bitcoin community places in it, which means it holds an intrinsic value and not a real value such as gold, silver or land. Those commodities will always hold value, and can be traded no matter what happens in the world. If someone were to pull the plug on our power grid, bitcoin would literally become absolutely worthless in an instant. So would paper currencies however, so their existence has actually provided precedence for the creation of the new digital currency.

So while the faith we maintain as a society in our technological advancement grows, it also paves the way for this new phenomenon of Bitcoins and all other alt-coins.

The value of a single bitcoin rose quickly in 2013 to a record $1200 per bitcoin. This was mainly due to a large number of quick profit opportunists jumping on the new gold rush. It’s value has since fallen to less than half of it’s high, while the world still tries to figure out what exactly is bitcoin, and how it will become useful to the general public.

However the speed at which the currency is being adopted by huge corporations is staggering. Some of the compaines accepting bitcoin include:

  • Amazon
  • Subway
  • Victorias Secret
  • Fiverr
  • Zappos
  • Tesla Motors
  • Home Depot
  • Sears
  • Kmart
  • Expedia

This coin is simply not going away anytime soon. The true value of the coin is still yet to be seen. Until the entire world understands how the coin works, and what it really is useful for, we won’t know what a bitcoin will be worth in a stable manner.

Should You Invest In Bitcoin?

That’s a decision you’ll have to make on your own, but what you should consider are the fact that Bitcoin still remains one of the most watched and speculated currencies of all time. Here are a few very interesting facts regarding bitcoin, and something to think about when pondering if this coin will rise to astrnomic heights, or shrivel and fade away.

It’s had it’s fair share major setbacks such as the Silk Road scandal, Mt Gox collapsing, which was one of the worlds biggest Bitcoin Exchanges, and a host of other problems. Yet it remains a new method of payment solution for a quickly growing number of large companies around the world. There are only so many Bitcoins available in the world. We cannot create more bitcoins, like we do with money, which only serves to deflate the actual value of paper currencies. Once all the Bitcoins are released into the systems, they will actually go UP in value do to supply and demand. If bitcoin is adopted on a mass scale, it’s value WILL in fact go up. Just how much no one knows. Bitcoins work as a payment solution like Paypal, Payza or those types of sites. It eliminates the need for the typical banking transaction fees associated with large volume transfers of money. With Bitcoin, any two parties can do business without borders, and without fees. The general public still doesn’t understand this fact. Bitcoin is now processing more transactions than Paypal, and is less than 1/10th of it’s age.

Deciding on whether to invest in Bitcoins or not, should not be based on it’s USD-Bitcoin pricing valuation at the moment. That number is no where near it’s real mark.

Research Bitcoin, what it is used for, what it would do for society, and if you believe it’s going to be adopted, then invest in it. Never purchase what you cannot afford to lose, and don’t take more risk than you are comfortable with.

Decide how you want to invest in bitcoin as there are many ways to acquire it. You can buy and sell bitcoin, and ride it’s price value. Many currency traders use Bitcoin Bots to handle their trades for them automatically. You can buy a select amount of coins, and hold onto them. You can try your hand at mining bitcoins and generate them that way.

No matter what you do, Bitcoin is sure a fun and interesting thing to watch!

There is still a few more days left to participate in a new and upcoming entity in the cryptocurrency world. That is the ICO (Initial Coin Offering) of MyCryptoWorld. This offering for MyCryptoCoin will end on December 31, 2016. If you hurry you can still get in. For more information go here.

Dennis Roeder
MyCryptoCoin
Skype: daroeder

  

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

Time is running out to complete MYCryptoWorld ICO

Time is running out to complete MYCryptoWorld ICO

MyCryptoWorld is a crowdfunding venture, behind the ICO launch, which closes on the 31st December and the billion mycryptocoins will be fully allocated in January to people holding it tokens.

The ICO has to be paid in bitcoins which may require payment by wire or international transfers which can take a number of days, on top of that you may need a wallet or wish to to use a cryptocurrency exchange to purchase bitcoins a the best price.

If you are interested in the ICO you need to take action now

Living in the UK or Europe I would open an account with Kraken.

For the USA I recommend Gemini

Both of these will take 1-3 days to verify your email, phone,ID and where you live needing for example passport,driving licence, Social security no (USA) and a recent utility bill or bank statement (kraken).

Exchanges only accept payment by wire so this again can delay you by up to 3 days before you can purchase bitcoins.

One alternative is to open up a blockchain wallet which takes a day to become verified after which you can purchase up to £200 of bitcoins a day via credit card instanltly or large amount via wire transfer requiring 3-4 working days.

The value of Bitcoin is on the rise so even if you miss the ICO deadline you will have a cryptocurrency which you can iether use or sell later at a profit.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

 

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then remember to come to our webinar @ 1000 and 1300Hr hrs MT on wednesday 21th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars everyday days: For times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

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

2017 Will Be The Year For Cryptocurrency

2017 Will Be The Year For Cryptocurrency

The world is becoming more aware of how using cryptocurrency can not only save you money but is the quickest way to transfer money around the worlds on top of that the actual value of the coins rises over time compared with paper currencies.

Many governments do not recognise cryptocoins as currency with the result that they are not taxed, until such time as you move them from your wallet and place them in a bank account.

There are  a growing number of South American, African and Asian counties who are starting to use the like of bitcoin because all they need is a phone and internet connection to use cryptocoins.

January 2017 will see the launch of Mycryptocoin, which has developed a new blockchain ,built on the experience of bitcoin and etherium. Which will enable faster transaction speeds, no need for miners, plus a number of built in applications for commerce, which some people are referring to as bitcoin 2.0

MyCryptoWorld is a crowdfunding venture, behind the ICO launch, which closes on the 31st December and the billion mycryptocoins will be fully allocated in January to people holding it tokens.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then remember to come to our webinar @ 100hrs MT on Tuesday 20th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars everyday days: For times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

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

Third World Is Adopting Bitcoin

Third World is Adopting Bitcoin

Third world countries are growing in their use of Cryptocurrency like bitcoin. In Nigeria especially since the economy fell into recession earlier this year following much lower global oil prices. The economy’s contraction by 2.06% between April and June 2016 has increased concerns regarding Nigeria’s banking system, with the nation’s currency greatly devalued, sending bitcoin at an all-time high of $1,228.09 in Nigerian money, according to the lowest offer on local bitcoins. There are generally no restriction of holding cryptocurrencies unlike fiat currency which are normally controlled by central banks.

Philippine overseas workers who send money to their homes in the Philippines are also using bitcoin as a method of transferring money back home to save on traditional high transfer fees using the services of sites such as Rebit where bitcoin can be converted into Peso and deposited into local banks or pawnshops where they recipiants can pick up cash for a small fee.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained Tomorrow

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then come to our webinar @ 1000hrs MT on Tuesday 20th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars on other days: Events and Webinar logins on the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

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

Will Cryptocurrency save the economy?

http://BSR483414033.cryptocoin20.com

Will Cryptocurrency save the economy?

Source: http://www.newsbtc.com/2016/12/16/chinese-regulators-shut-bonds-market-trading-avoid-complete-collapse/

On December 12, 2016, the Chinese government made another decision that makes their economy look weaker. Trading in bond futures is no longer possible every since the market crashed in spectacular fashion. It only took the market a few hours to wipe out all bonds market gains made in the past 18 months. China has a volatile market, and it looks like things go from bad to worse.

It was not entirely unexpected the Chinese bonds market would collapse sooner or later. The PBOC has been making very strange decisions as of late, all of which hint at an uncertain financial future for the country. One could argue China has dug their own bond market grave and now they have to sleep in it.

Unfortunately, it appears this crash is only a sign of what is to come in the future. The Chinese economy is in a bubble that can go poof at any given time. Increasing capital outflows, and a heightened government concern over local assets, are only fueling further speculation. Moreover, injections of capital in short-term money markets have not helped matters either.

Chinese Bonds Market Collapse Is Only The Beginning

To put this into perspective, the 10-year Chinese Treasury bond future crashed by 2%. That is quite a significant number, and also the largest daily drop in history to date. Authorities panicked after this trend became apparent, and shutting down the market seemed to be the only course of action. However, in doing so, the government only adds more reasons for investors to look for alternative financial solutions.

For now, it remains unclear what all of this means for the Chinese economy moving forward. But one thing is certain: more money will flow into alternative assets than ever before. It is very likely the bonds market crash will bring more attention to Bitcoin as a safe haven asset in the future. If that is the case, the price per BTC will only go up even more in the coming weeks.

It is safe to say the Chinese economy is very sensitive to any local and foreign interference. Now that the Federal Reserve has hiked the interest rates, more trouble is looming for China’s economy. It will be interesting to see how all of this plays out in the coming weeks. All of these changes have only pushed the Bitcoin price up, and cryptocurrency holders are not complaining by any means.

And, this is going to help a new crowd sourcing program sponsored by MyCryptoworld. It is a new ICO (Initial Coin Offering) and time is running out for you to get in on it. The dead line to get in on the offering is December 31, 2016. You can purchase tokens which will convert to bitcoins on January 10, 2016.

For more information click here.

Dennis Roeder
MyCryptoWorld
skype: daroeder

  

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