Bitcoin Magician

CryptoKitties Game Launches On The Ethereum Blockchain CryptoKitties is an interesting new gaming experiment for desktop computers, allowing users to breed, collect and trade virtual cats on the Ethereum Blockchain. Cats and the internet would appear to be synonymous, so it comes as no surprise to see cutting edge technology and technologists embracing our feline friends as part of their development focus. CryptoKitties , which launched earlier in the week attempts to gamify the experience of using the Ethereum blockchain, aiming to entertain and hopefully inform users of use case scenarios whilst also providing experience using blockchain driven applications. According to CryptoKitties Marketing Director Elsa Wilk : Blockchain technology could be the biggest technology revolution since the Internet, but opportunists, investment froth, and a lack of consideration for everyday consumers is distracting folks from the technology’s long-term potential. Other more lighthearted attemp

ICOBox’s Clients Have Raised $200 Million through ICOs ICOBox, a premier provider of fixed-price SaaS ICO solutions founded earlier in 2017, has helped its clients collect over $200 million via their ICOs in the first five months of its operations. And there’s more to come – a number of ICOs are still in progress, so the final total will be even higher. Although the advent of ICO technology has significantly simplified and streamlined the process of finding supporters, it still requires significant resources. To address this issue, ICOBox has recently conducted its own ICO to bring in funds to cover the cost of the ICOs of promising but underfunded startups. These startups will then launch their ICOs using the tools developed by ICOBox . In exchange, the company gets a certain number of newly minted tokens. ICOBox’s Track Record Speaks for Itself To date, ICOBox has worked with over 30 companies. The best ICO results were achieved by Paragon, a company which applies blockchain techn

ECB Tells Banks to Implement Instant Payments in Order to Compete with Bitcoin Banks and financial institutions might need to embrace instant payments and bank transfers in order to be able to compete with Bitcoin and other cryptocurrencies. Competing with Cryptocurrencies One of the main reasons why cryptocurrencies have gained such popularity is their ability to instantly send payments worldwide cheaply and quickly – usually within a couple minutes. Banking transfers currently require 2-3 days to process and often times are more expensive than Bitcoin transfers. Many experts believe that this might push more people to use cryptocurrencies like Bitcoin and Ethereum instead of traditional bank transfers. In an article by Reuters Yves Mersch, a member of the European Central Bank’s executive board ( ECB ) advised banks to embrace instant payments in order to offer consumers a competitive alternative to cryptocurrencies. Mersch stated: Banks need to implement instant payments as

Why Slowing ICO Avalanche Benefits Blockchain's Image ICOs are a promising funding method, but mixing traditional best practices with a dose of self-regulation benefits all. The onset of Blockchain into the world’s financial markets has brought with it many new ideas, introduced rapidly to wide-eyed market participants over the last few years. Despite how far we’ve come, however, all the progress we can currently boast about was predated by a simple product called Bitcoin . Revolutionary at the time (and still today), Bitcoin showed people that a safe financial ecosystem is possible without centralized authority figures , and that cryptocurrency is a great way to invest and trade. The idea caught on like a brush fire, and a new industry was born that seeks to forever change how we define money. Bitcoin quickly spurred other projects like Litecoin , a more efficient clone, and Dash , which added a governance model and instant transactions. The industry stayed quiet until aroun

Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established Unlike many bankers, Goldman CEO maintains neutral view of Bitcoin, cites both benefits and risks. Goldman Sachs ’ CEO Lloyd Blankfein has been one of the most open-minded Wall Street CEOs on Bitcoin. He isn’t a Bitcoin bull like Michael Novogratz ; but neither has he derided the currency as has JP Morgan Chase CEO Jamie Dimon . In fact, Blankfein has even pointed out that people distrusted paper currency when it was first introduced and later accepted it. The implication of his statement is that Bitcoin could become an acceptable means of exchanging value in the future, even if it isn’t widely accepted today. In an interview with Bloomberg , Blankfein said: [Bitcoin] is not for me. But there is a lot of things that there weren't for me in the past that have worked out very well. If it was 20 years forward and it worked out, I could tell you why it worked out. But based on everything that

Libra Just Made It Easier For Exchanges To Remain Tax Compliant As Bitcoin breaches fresh all-time highs, compliance with the tax authorities becomes a confusing, yet key, priority for anyone booking profits.  The Tax Man Cometh With Bitcoin having broken the $10,000-mark yesterday and currently sitting just shy of that level as of the start of play on Thursday, many holders will be considering cashing out some of their portfolios and converting it to fiat so as to book profits on their longer-term coins. Sure, the longer term hodlers will denounce the necessity to cash out but in reality, bills can’t be paid in crypto just yet (well, for the most part) and there is no shame in taking a few percentage points (or more) off the top of any holdings to mitigate risk a little bit. Indeed, as we learned last week, even Charlie Shrem holds just one-third of his net worth in cryptocurrency. One of the major concerns when converting crypto to fiat, of course, is tax liability. For most peop

Bitcoin Cash Plans to Increase Its Block Size, Again Bitcoin cash developers have made “tentative” plans to increase the cryptocurrency’s block size again next year. At least, that’s according to a new, rough 6–12-month roadmap released yesterday by the bitcoin offshoot’s main developer team, Bitcoin ABC. #bitcoin http://ift.tt/2AuTuMc

Investors Taking a Risk Buying Bitcoin, Says ECB Vice President While the value has since dropped closer to $10,0000, the meteoric rally has prompted many in the finance space to say bitcoin is in a bubble. Even so, Constancio told CNBC that the ECB is not in a position to regulate the cryptocurrency, saying, “We … #bitcoin http://ift.tt/2jyELVZ

Trade.io Trade Token to be Listed on HitBTC Exchange Zug, Switzerland –  trade.io has announced the launch of its partnership with HitBTC Exchange , one of the largest cryptocurrency exchanges in the world, exceeding upwards of half a billion in daily volume, and operating since 2014. Having just finished an extremely successful PRE-ICO period which resulted in well over $10M in funding, trade.io is proud to provide its loyal contributors with this added value partnership, demonstrating the company’s continued intent to cooperate with the highest caliber participants in the blockchain field. Trade.io will announce shortly when the Trade Token (or TIO, which is how it will be listed on the HitBTC exchange), will start trading. TIO will trade against the counters, Bitcoin (BTC) & Ethereum (ETH). On the listing, CEO, Jim Preissler commented: trade.io pledged at a very early stage to Trade Token holders to be listed on a major exchange within 30 days following the ICO.  To hav

Goldman Sachs: Bitcoin Volatility Means Hands-Off ‘Today’ And ‘For Lifetime’ “Not today” and “not in our lifetime” are two ‘deadlines’ for Goldman Sachs to deal with Bitcoin, according to CEO Lloyd Blankfein and Michael Bloomberg. Blankfein: Volatility Killed The Cat Speaking in a joint interview on Bloomberg’s TV network, the two veteran economic voices said that in view of Bitcoin’s continued volatility, the virtual currency first needs to calm down. “Have to have [a Bitcoin strategy]? Not today,” Blankfein replied on the topic. …Something that moves up and down 20 percent in a day doesn’t feel like a currency, doesn’t feel like a store of value. If it works out – and it gets more established, and it trades more like a store of value, and it doesn’t move up and down 20 percent, and there is liquidity to it – we’ll get to it. Bitcoin has become a talking point on Wall Street in recent months, and its reputation received a noticeable boost when CME Group announced it would offe

FANG Stocks Lose Nearly $60 Billion as Bitcoin Claws its Way to the $10k Mark While the world (or at least most of it) was watching Bitcoin’s roller coaster ride into 10k territory, FANG stocks collectively lost nearly 20 times as much as their Bitcoin counterparts through their biggest market cap drop yet. The hours leading up to Bitcoin’s historic five-figure milestone were filled with hope, excitement, and probably a few sour grapes for those ever-present cynics. Even though the currency reached this milestone , it continued its trademark volatility, flirting wildly between $9,700 and $11,500.  It eventually ended up losing just over $3 billion in market cap on its record-breaking day. A $3 billion loss is painful, but not nearly as much as that of FANG stocks, which suffered their biggest collective loss ever, losing close to $60 billion – nearly 20 times more than Bitcoin. Kind of takes a little bit of a sting out of the popular digital currency’s loss, doesn’t it? And here we

The Motley Fool: Bitcoin’s Biggest Competition Is Litecoin Bitcoin should fear Litecoin as its biggest competition according to the Motley Fool. It appears when perusing CoinMarketCap that the biggest competition for  Bitcoin would be number two -  Ethereum . However, according to the Motley Fool, the biggest risk for Bitcoin may actually come from somewhat lower -  Litecoin . Litecoin was created by  Charlie Lee in 2011 and uses similar protocols as Bitcoin. According to the analysis, Bitcoin and Ethereum are really after completely different marketplaces. Bitcoin is really designed as a currency and store of value protocol built on consensus, while Ethereum is more of a functional platform that also provides a cryptocurrency for internal transactions. However, per the analysis, Litecoin is essentially the same as Bitcoin - a currency and a store of value. While Litecoin has already completed the SegWit upgrade, and offers rapid transaction times, like Bitcoin, the platform allo

Bitcoin Not Threat to Global Economy, Says Bank of England Bank of England Deputy Governor, Sir Jon Cunliffe, has claimed that Bitcoin poses no real threat to the global economy despite its current phenomenal performance. Bank of England Deputy Governor, Sir Jon Cunliffe, has claimed that the leading cryptocurrency Bitcoin poses no real threat to the global economy and financial institutions despite its current phenomenal performance in the market. The most famous digital currency has recently surpassed the $11,000 level as of late November 2017. In an interview with BBC Radio 5 Live, Cunliffe reasoned out that Bitcoin was too small to present any threat to the worldwide economy. He added that investors should do a comprehensive analysis of the reasons behind the virtual currencies phenomenal rise to avoid risks. This is not at a size where it’s a macroeconomic risk to the global economy, but when prices are moving like that, my view would be investors need to do their homework

Bitcoin, Ethereum ‘Not Suitable’ For Muslims, Says Turkish Government The Turkish government has advised cryptocurrencies are not “suitable” for Muslims. Turkey has claimed Bitcoin is in fact “not compatible” with Islam due to its government being unable to control it. In a statement from a meeting of the state Directorate of Religious Affairs (Diyanet), lawmakers said that Bitcoin’s “speculative” nature meant that buying and selling it was inappropriate for Muslims. “Buying and selling virtual currencies is not compatible with religion at this time because of the fact that their valuation is open to speculation. They can be easily used in illegal activities like money laundering, and they are not under the state’s audit and surveillance,” Euronews translates the statement republished by local news outlet Enson Haber . Diyanet issued the guidance Nov. 24, several days prior to Bitcoin’s latest bull run which saw the virtual currency top $11,000 before falling 15 percent. Turkey

Between Bitcoin Bulls and Bears an Academic Weighs In Fiery opinion often dictates Bull and Bear opinions, but an Assistant Professor has offered a learned approach. When Bitcoin is down, the Bearish come out and berate the bubble-linked digital currency. Then, when things turn around, the Bulls  stampede out the gates and proffer their emotional reasoning of how this is the money revolution. All in all, it can be quite hard to find a learned and practical opinion, but Daniele Bianchi , an assistant professor of Finance of Warwick Business School , has given his thoughts on the recent rally and  why it has happened . A lot of thought and introspection was given when Bitcoin crossed the $10,000 mark . Questions were asked as to how and why Bitcoin reached this mark, and how it did it so quickly. The digital currency even raced on past $11,000 . Now it looks to be correcting itself. How did we get here? Despite the correction back below $10,000, it is important to understand how B

How to Explain Bitcoin to Your Parents Explaining Bitcoin and cryptocurrencies to your family may not be that difficult after all. Here’s a primer. With Bitcoin recently reaching a high water mark of an all-time high of $11,500 , it’s inevitable that relatives will start asking questions. tried to convince parents to buy me bitcoin in 2010, they laughed at me and i never got bitcoin because of it. — EvolaKid (@EvolaKid) November 29, 2017 When your parents ask questions, it somehow ends up either they don’t agree with your idea or relate it to their younger years. Of course, that’s not a problem, except if you talk about new innovation that has a potential to change their perspective. Bitcoin is one of the hottest topics today, but not everyone can grasp its full potential, especially when you talk to the oldies like your parents. So how can you explain it to them without getting a blank stare? First point: Its money, just digital Don’t go explaining Bitcoin using jargons like

South Africa Prime For Crypto Revolution: Economist A South African economist believes cryptocurrencies will thrive in the country. Cryptocurrencies have taken the world by storm in the past few years and that has led to larger countries like Russia  and China  imposing bans on their trade. While those superpowers flex their muscles to the detriment of various virtual currencies, emerging markets are starting to catch on to the wave and their governments and financial institutions seem slow on the uptake. As a relatively young democracy, South Africa is one of those countries. Ongoing political dramas have hammered the South African rand and have led to recent credit downgrades- which has seen wealthy South Africans look to take their money out of the country. No rules, no problem Economist Dawie Roodt  has warned other South African’s to do just that amid the recent political and economic instability in the country. Speaking to Cointelegraph, Roodt believes Bitcoin and other cr

Pound up as Britain coughs up, Bitcoin rockets LONDON (Reuters) – Signs of progress with U.S. tax cuts and Europe’s Brexit negotiations brought fresh highs for world stocks on Wednesday, while bitcoin topped $10,000 in a frenzy for cryptocurrencies.and more » #bitcoin http://ift.tt/2jyZYPA

Infamous Discarded Hard Drive Holding 7500 Bitcoins Would be Worth $80 Million Today Unfortunately, he realized several months later that the drive held 7,500 Bitcoin mined back in 2009. At the time, with Bitcoin approaching and finally just exceeding $1,000 in price, the scrapped hard drive would have been worth over $7 mln. The story …and more » #bitcoin http://ift.tt/2i6e9v6

Bitcoin tops $10000, taking 2017 gains to 940 percent Created in 2009, bitcoin uses encryption and a blockchain database that enables the fast and anonymous transfer of funds outside of a traditional centralized payment system. It has soared more than 900 percent so far this year, posting the largest gain …and more » #bitcoin http://ift.tt/2i3bVfV

John McAfee Doubles Down, Predicts $1 Mln BTC, Bets His D**k On It Outspoken John McAfee has made the bold claim that Bitcoin will be worth $1 mln by 2020. John McAfee , founder of McAfee Associates a well-known software company has always been Bullish on Bitcoin, in fact, he has even been confrontational on the fact. In July, with a lot of fear and uncertainty surrounding Bitcoin ahead of its Aug. 1 chain split, McAfee came forward and stated boldly that he was willing to stake his name and up to $10 mln on a bet that the Bitcoin price will move above $500,000 within three years or he would " eat my d**k on national television ." That prediction was seen as ludacris at the time, and many were left wondering how his on-screen promise would play out - however, now that Bitcoin has crossed $11,000 , McAfee is not sitting back smugly, but rather raising the bar. The outspoken tech mogul has now said: “When I predicted Bitcoin at $500,000 by the end of 2020, it used a model

Coinbase ‘Unprecedented Victory’ Sees 14k Transactions Head To IRS An “unprecedented victory for the industry” is how Coinbase describes the likely culmination of its year-long legal battle with US tax authorities this week. $20k Or Nothing, Court Tells IRS In a digest of the most recent events from court, communications director David Farmer said the exchange’s resolve to “take a stance” against the Internal Revenue Service (IRS) request for customer data prevented them being “unfairly targeted.” The court ruled that only transactions over $20,000 must make their way to the IRS, in reality corresponding to around 3% of the total records requested last year or 14,000 transactions. “Although we are disappointed not to be able to entirely defeat the summons, we are proud to fight for our customers and in the result we were able to achieve as a small company against a large government agency,” Farmer wrote. As Coinbase’s joust with the IRS has lumbered on, the government’s position

CRYPTO20 Exceeds $35m Raised With Less Than 24 Hours To Go CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to mainstream investors. It is an index fund that holds and autonomously rebalances a data science optimized portfolio of the top 20 cryptocurrencies. The fund has recently surpassed the $35m milestone in its ongoing token sale. Monday (27/11/2017) saw the CRYPTO20 fund perform its second successful divestment/rebalancing procedure. A period of exceptional growth has led to the total fund value exceeding $35m with a NAV (net asset value) of over $1.3 per token due to the appreciation of the underlying assets. The token price is currently just $1.10. The initial three (BTC/LTC/ETH) contribution cryptocurrencies were divested into the top 20 on the 21st of November. The weekly rebalance enforces the 10% component cap and mitigates risk and volatility by ensuring no single asset (and thus source of risk) dominates the fund. This functionality was released sever

Just More FUD: Citadel CEO Wary of Bitcoin Bubble Citadel CEO warns that confusion between Bitcoin and its Blockchain could burst the bubble. With the $11,000 milestone newly etched onto its belt, Bitcoin continues its rise in value while a chorus of voices sings contrasting melodies. For some , the Bitcoin price surge over the past two weeks has been nothing short of miraculous, vindicating “outlandish” predictions made months ago. The more-wary pundits are staying at an arm’s length, watching nervously as what they describe as a bubble continues to grow. Speaking to CNBC's Leslie Picker earlier this week, Citadel hedge fund founder and CEO Ken Griffin echoed the sentiments of JPMorgan CEO Jamie Dimon , likening Bitcoin to the historical ‘Dutch tulip bulb mania’ in the 1600s. Griffin’s main concern is that people enticed by the hype of the Bitcoin bull run don’t have an understanding of the intrinsic value of the Blockchain technology it is based on. "Blockchain's

Coinbase: ‘Partial Victory’ Appears To Put End To 12-Month Legal Battle Coinbase will only need to send three percent of the original data summons to US tax authorities, a court has ruled. Coinbase has hailed as a “partial victory” a court order to hand over transaction details of almost 15,000 customers to the government. In a summary of the US exchange’s now year-long legal battle with the Internal Revenue Service (IRS), communications officer David Farmer confirmed previous hints that only three percent of the original data demands would be sent to lawmakers. The issue focuses on IRS suspicions that Bitcoin holders transacting through Coinbase were not paying appropriate taxes on profits. After Coinbase ignored a request to inspect every transaction made through the company from 2013-2015, a court summons saw months of posturing before the IRS’ position finally became untenable. The tax authority’s request, commentators and now legal entities confirmed, was too “broad” in i

“Ban Bitcoin!” Says Nobel Prize Winner, While Ignoring FANG Losses Bitcoin should be banned, but what about FANG stocks, Joe? In a statement that will be widely approved and vilified by opposing camps, Joseph Stiglitz said on Bloomberg TV that cryptocurrencies like Bitcoin should be banned . His commentary is based on analysis saying that the market for Bitcoin is driven mostly by its potential to circumvent government agencies. His rant continued, stating that the Bitcoin market will ‘go up, and then come down,’ leaving many investors injured, and therefore it should be banned, adding that it doesn’t serve any ‘socially useful function.’ Ban it all, Joe, ban it all Apparently, Dr. Stiglitz may also desire to ban the famous FANG stocks ( Facebook , Apple , Netflix, and Google), which, on the same day as the recent price decline for Bitcoin, faced far greater losses . In fact, while Bitcoin lost around $3 bln in market cap, the FANG stocks lost $60 bln - twenty times as much. If

Ronnie Moas Raises Bitcoin Target Again: $20,000 By Start Of 2018 Ronnie Moas, quite happily, keeps changing his mind on where Bitcoin will be in the new year. November has been a busy week for famed stock picker Ronnie Moas who, on Nov. 4, predicted that by the beginning of 2018 Bitcoin would hit $11,000 . That was recently blown out the water, but before the target was hit, he adjusted to $14,000 . Now, Bitcoin is on its way to smashing that new target causing Moas to readjust for the third time in a month as the digital currency revels in a new era of adoption and acceptance. Moas looks at Bitcoin as a whole, incorporating all the chain splits in his split-adjusted price is and considering the price of the forked Bitcoin chains alongside the original was $12,740 when Moas made his new prediction, $14,000 looked undervalued again. $20,000 is a month away Moas now puts the line in the sand at $20,000 for the split-adjusted price when the new year hits. Looking at how things have

Video Content Disruptor Flixxo Will Be Listed On KuCoin: Trading Starts On Thursday November 30 KuCoin’s offerings in the cryptocurrency and token space extend well beyond the typical reaches of online exchanges, adding far and away the most high-quality projects and priding itself on unique variety and token excellence. On November 30, 2017, Flixxo will join that prized list of tokens. KuCoin traders will have access to  FLIXX/BTC and FLIXX/ETH trading pairs upon listing. Users can start depositing and trading FLIXX on KuCoin November 30, 2017, at 13:00 (GMT +1). About Flixxo Flixxo combines BitTorrents and smart contracts to create the first legal, decentralized content distribution network. Flixxo creates a P2P network where authors can distribute and monetize their own content. They incentivize the distribution of their media and remove unnecessary intermediate parties by sharing their revenues with the “seeders” – a term coined in the torrents environment that refers to thos

On the Way to the Moon – BANKEX Reaches Soft Cap on First Day of Token Sale A FinTech startup providing the technology for asset tokenization through its Proof of Asset (PoA) protocol, BANKEX accomplished its targeted soft cap (20 000 ETHs) collecting in cryptocurrency equivalent of 53 000 ETHs ($23M) by now. The BANKEX Token Sale will be live for one calendar month and will close on December 28th or when the hard cap of 140 000 ETH is reached. BTC, ETH Waves, TIME, Litecoin and SALT are all accepted as forms of payment in exchange for BANKEX Tokens (BKX). The price starts at 625 and will gradually decrease to 500 BKX per 1 ETH. BANKEX aims to work with various financial institutions – in order to facilitate operations a substantial amount of tokens (280 000 ETH worth) was reserved. Chief Strategy Officer of BANKEX Constantine Kurbatoff says:  Starting from November 28 you can buy BKX tokens, which may be used just after public token sale, because the ecosystem will not only su

Ethereum Poker ‘Pokereum’ Demo Released by SuperDAO, Fundraising Now Pre-ICO Only with Bonus SUP Rewards Pokereum, a decentralized poker DApp that uses smart contract and client-side cryptography to provide efficient, provably fair, secure and decentralized global poker, has released a demo that is now open to the public. Pokereum is the first poker DApp to be announced and is the most mature poker program in the Ethereum ecosystem – factors that have attracted interest from a number of major brands in the online poker industry. SuperDAO (Pokereum’s sponsor DAO) currently has an open pre-ICO / token pre-sale to support its expanding team – including newly acquired developer alumni from Uber, the New York Times, and Google. The pre-sale is the only funding round for the organization’s development activities. The decentralized poker solution was first conceived by SuperDAO’s founder Oladapo Ajayi in 2013 – ahead of Ethereum’s public release – and was later revised for the genesis of

Opec likely to extend oil production cuts; bitcoin plunges below $10000 – business live Whilst traditional assets are experiencing historically low levels of volatility, the whipsaw action of the bitcoin is drawing the attention of traditional traders. Meanwhile existing traders and new comers are increasingly interested in fear of …and more » #bitcoin http://ift.tt/2ne7eoW

Bitcoin swings from bull to bear and back in a day After Lehman Brothers toppled in September 2008, it took 24 days for US stocks to slide more than 20 per cent into official bear market territory. Bitcoin, the new age cryptocurrency that has been breaking bull market records, did the same on Wednesday …and more » #bitcoin #crypto #makemoneywithbitcoin http://ift.tt/2ng804R

Bitcoin Recovers From Sudden Selloff as Large Swings Persist Bitcoin rallied as much as 20 percent from its Wednesday low, easing concern that an abrupt selloff in the cryptocurrency might spiral into something deeper. The digital currency climbed as high as $10,787.99 in Asian trading hours Thursday, after … #bitcoin http://ift.tt/2zDlj16

How Asian Companies are Benefiting From the Current Bitcoin Rally Speculators and cryptocurrency traders might not be the only ones that are benefiting from the current Bitcoin rally. Many stocks of Asian companies have rapidly risen today, as Bitcoin managed to hit a new all-time high. Asian Company Stocks are Rallying The whole financial and technology world is watching today, as the popular decentralized cryptocurrency Bitcoin managed, for the first time to reach the astonishing price of $11,517 and a total market cap valuation of over $176 billion. Ethereum, another cryptocurrency that has also rapidly risen in the last couple of days, reached a new all-time high price of $522 and a total valuation of over $45 billion on Wednesday. In contrast, the total cryptocurrency market has currently reached the valuation of over $309 billion. Cryptocurrency traders and investors aren’t the only ones that are excited by this rally. Asian technology stocks have also risen in the last coupl

Cryptonetix ICO Hits Soft Cap Milestone – Adds Justin Jovanovic COO, investFeed, Inc. As ICO Crypto Community Advisor Cryptonetix.com is a web-based investment application platform that incorporates methods such as Fibonacci, Harmonics, Elliott Wave, Price Action, AI and more. November 29, 2017 –  Cryptonetix.com was pleased to announce that the injection of some private investment funds helped push them over the top of their Soft Cap target. They will be added to select exchanges in coming days. This is still a great opportunity to take advantage of special discounts on CIX tokens. Having met their Soft Cap places Cryptonetix in a better category of ICO’s that are in it for the long term. The project is going full steam ahead and will relaunch Cryptonetix.com after the conclusion of the ICO. The new site will be unique with its News and Education sections. It will become the place to go for the latest cryptocurrency news and to expand one’s knowledge of the blockchain. A company

Pundits Queuing Up To Predict The Fabled $1 Million Dollar Bitcoin Pundits including self-help guru and former hedge fund manager James Altucher and MGT Capital Investments CEO John McAfee are already predicting the fabled $1 million dollar Bitcoin as soon as 2020. Self Help Guru, hedge fund manager, and top LinkedIn influencer James Altucher spoke to CNBC’s “Squawk Alley”  predicting that Bitcoin could easily get to a $1 million valuation by 2020: I’ll say $1 million by 2020, as well, easily. There’s 15 million millionaires around the world. All their financial advisors are going to say, ‘Hey, buy a bitcoin. You need some exposure. Wences Casares’ Prediction Xapo CEO Wences Casares, who is also a member of PayPal’s board of directors, joins an elite few who are bold enough to make claims on the still further potential gains of the world’s best-known cryptocurrency. Casares made his claim earlier this year at the Consensus 2017 event, where he advised attendees to invest 1% of t