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Showing posts from December, 2017

TravelFlex ICO Round Continue Until 12th Jan 2018

TravelFlex ICO Round Continue Until 12th Jan 2018 Today, the founders of TravelFlex cryptocurrency announced, that the ICO of the project will continue until 12th January 2018 23:59 GMT. TravelFlex is a product for global travelers, based in blockchain technologies, developed by a Hong Kong-based company. During this round, the company is offering to sell 95M TravelFlex coins $0.28 each for funding the project. Funds raised by the ICO offering will be used to develop the blockchain further and to establish additional traveler-specific services to facilitate the growth of traveling industry. TravelFlex is a working coin and not a token. It’s a coin that can be actively mined and it runs on its own decentralized network, it will be listed on exchanges straight after the ICO. Don’t be confused by the name Travelflex since the coins can be used for almost anything payment related, not just traveling. According to estimations used by the founders, the amount of global nomads and travele

I Got a Ledger Nano S for Christmas, Now What? 7 Steps to Set Up Your New Hardware Wallet

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I Got a Ledger Nano S for Christmas, Now What? 7 Steps to Set Up Your New Hardware Wallet Like a lot of crypto enthusiasts, you got a shiny new hardware wallet for Christmas to store your digital assets, but you aren’t sure how to go about setting it up. Not to worry! This 7-step guide will help you set up your Ledger Nano S safely and securely. 7 Steps to Setting up Your Ledger Nano S Santa came down the chimney and left you a brand-new Ledger Nano S under the tree! Hurray! Now it’s time to set it up and secure your funds, but how? Not to worry. This easy to follow guide will have you up and running in no time. Step 1 – Read the Manual Seriously. The first thing you need to do is read the manual. Many people have the mentality of “ah I’ll figure it out myself,” but we’re talking about money here. This isn’t some new gadget you got where figuring out just what the hell it does is half the fun. This is important. Step 2. Connect Your Ledger Nano S Connect your Ledger Nano S to you

3Commas – Smart Tools for Intelligent Cryptocurrency Traders

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3Commas – Smart Tools for Intelligent Cryptocurrency Traders 3Commas is a suite of “smart tools” to help cryptocurrency investors minimize risks, limit losses, grow profits, and manage their portfolios across multiple exchanges. Saint Petersburg, Russia-based 3Commas offers experienced and beginning traders alike a suite of “smart tools” designed to help them manage their portfolios across multiple cryptocurrency exchanges while maximizing profits and limiting losses. Before test-driving the platform, Bitcoinist sat down with 3Commas CMO Mike Goryunov to talk about what prompted the team to develop the platform in the first place: It’s kind of a funny story because we originally built this platform for our own use only. When we showed our project to friends in the crypto community, we saw a big need for the kinds of tools 3commas has and so we decided to open the project to everyone. 3Commas opened to the public in September 2017 and, primarily through word of mouth, has grown t

Ring In the New Year for a Bitcoin with Singapore Bar Party Package

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Ring In the New Year for a Bitcoin with Singapore Bar Party Package Skyline, a bar in Singapore, is offering a party package for celebrating New Year’s Eve that costs a single Bitcoin. We’re getting closer and closer to watching the ball drop in Time’s Square, heralding the end of 2017 and ushering in 2018. Around the world, people will be celebrating with friends and families, probably while singing an off-key version of Auld Lang Syne. Crypto enthusiasts will remember 2017 as the year that Bitcoin and other cryptocurrencies exploded and became a part of the public consciousness. If you really want to ring in the New Year with a crypto bang, you could sign up for the Bitcoin Baller Package being sold by Skyline, a popular bar in Singapore. The cost? A single bitcoin . Should Auld Acquaintance Be Forgot Partygoers should have a great view during the Skyline party, dubbed Bianco, on New Year’s Eve. The bar sits on the 45th floor of a skyscraper and looks out on the city’s waterfront.

ICOs Raised $4 Bln in 2017, What 2018 Has in Store

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ICOs Raised $4 Bln in 2017, What 2018 Has in Store In 2017 ICOs raised less than 2% of global IPO proceed but almost 40 times more than year ago 2017 has definitely been a record-breaking year for ICOs: a fiat equivalent of some $4 bln have been raised, and the number of successful token placements have increased to a couple of hundreds globally. Yet, in the same year, traditional IPOs are estimated to have raised $188.8 bln in total of 1,624 deals, according to E&Y IPO Global trends report . Only in third quarter, 2,645 venture capital deals amounted to $42 bln. ICOs have raised less about two percent of global IPO proceeds, but ICOs not IPOs, and not venture capital deals, are the talk of the street these days. Why? In one year only ICOs proceeds have surged almost 40-fold, from $96.3 mln in 2016. In 2014- 2015 the amount was microscopic. More than 180 new ICOs are scheduled to launch in 2018, according to ICObench listing . It would be superficial and arrogant to explain th

Bitcoin Core ‘Suicide’? Roger Ver Says Tips Mean Bitcoin Cash Is ‘Working’

Bitcoin Core ‘Suicide’? Roger Ver Says Tips Mean Bitcoin Cash Is ‘Working’ Bitcoin.com owner and pro-Bitcoin Cash figure Roger Ver has highlighted interview tips as apparent proof that Bitcoin Cash is “working well.” Currency-Focused Ver Continues Bitcoin Crusade Linking to his appearance on a November episode of online political talk show The Rubin Report, Ver said that Bitcoin Cash wallet tips outnumbering Bitcoin tips 76-1 afterwards showed Bitcoin itself was “committing suicide.” After @RubinReport had me on, they received: 76 Tips via Bitcoin Cash 1 Tip via Bitcoin Core Bitcoin Cash is working well. Bitcoin Core is committing suicide. https://t.co/a0C2BFFfuw — Roger Ver (@rogerkver) December 30, 2017 The Rubin Report has followed the likes of mainstream media outlets, such as CNBC , in selecting the increasingly contentious Roger Ver as a spokesman on Bitcoin for non-cryptocurrency viewers. Confusion In Numbers For Mainstream Consumers The hour-long interview came at

Crypterium Tops the ICO Hit Parade in Fourth Quarter

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Crypterium Tops the ICO Hit Parade in Fourth Quarter It looks like Crypterium will be the most popular ICO to have started in the last quarter of 2017. The tokens of the nascent cryptobank, which went on sale on October 31, were an immediate smash hit with buyers, hitting the company’s soft cap in a mere five hours. Even more interesting was the widespread distribution of the sales – buyers flocked in from 143 countries all over the world. The largest purchases came from the United States and Russia, but countries such as the Czech Republic, Malaysia, Turkey, Japan and the UK were also notably represented. In contrast to some other offerings, where a few major institutional investors buy up the bulk of tokens, by November 19 there were more than 17,000 registered token holders. Even after the substantial initial boom, buyers continued to show interest in the company’s project. A bit more than a month after the first results were announced, records showed that by December 24 the numbe

Culture Shock: Bitcoin a Part of All Walks of Life in 2017

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Culture Shock: Bitcoin a Part of All Walks of Life in 2017 2017 saw Bitcoin permeate all walks of life, from Google searches to sold-out graphics cards. 2017 will go down as the biggest year in Bitcoin’s history - with meteoric highs paving the way for the preeminent cryptocurrency bursting into mainstream consciousness. December will forever be remembered for Bitcoin’s massive price correction after hitting the $20,000 milestone , but a lot happened in the lead up to the climactic end of the year. Rewind to January 2017. Bitcoin had just broken through the $1,000 barrier and the talk among crypto enthusiasts was that the virtual currency was set for a bullish year. It’s fair to say that no one anticipated an eventual 2,000 percent growth before the market correction, but the statistics will tell a different story. Google stats A quick glance at Google Trend’s analytic graph shows that interest in Bitcoin had a small peak in May, while it really started to garner interest worldwi

Kidnapping of Bitcoin Exchange Executive Showed Importance of Financial Privacy

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Kidnapping of Bitcoin Exchange Executive Showed Importance of Financial Privacy UK-based Bitcoin and cryptocurrency exchange Exmo Operator Pavel Lerner, who was kidnapped outside of his office in Kiev, Ukraine, on Dec. 28, has paid $1 mln in ransom to be set free. The recent abduction of UK-based Bitcoin and cryptocurrency exchange Exmo Operator Pavel Lerner has demonstrated the importance of financial privacy for cryptocurrency users. Earlier this week, BBC initially reported that Lerner kidnapped outside of his office in Kiev, Ukraine, on Dec. 28, by a group of individuals who dragged him at knife point to a black Mercedes and drove off the scene. At the time, Anatoliy Larin, the spokesperson of the exchange, stated: "Despite the situation, the exchange is working as usual. We also want to stress that nature of Pavel's job at Exmo doesn't assume access either to storages or any personal data of users. All users' funds are absolutely safe." Within two days

Investors Still Wary of Bitcoin

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Investors Still Wary of Bitcoin Bitcoin is established, but many investors are still wary according to industry experts. Setting aside a massive December price correction, Bitcoin has pushed its way into the minds of ordinary people all over the world. Google stats for 2017 have Bitcoin as the second most searched news term of the year, as everyone from plucky investors, cryptocurrency newbies and diehard technologists look for the latest news and price updates on the lucrative cryptocurrency. With a market capitalization of over $11 bln, Bitcoin has made many a millionaire with its rapid appreciation in value this year. Investors flocked to buy Bitcoin during its most recent bull run which started in November which saw the price skyrocket to an eventual high of $20,000 . The almost  inevitable correction  in the lead up to Christmas sent jitters through the market and many investors will have lamented the dramatic drop in price. It's not surprising to hear financial analysts

Bitcoin Headed ‘Below $5k,’ Is ‘One Of Silliest Things’ - Dennis Gartman To CNBC

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Bitcoin Headed ‘Below $5k,’ Is ‘One Of Silliest Things’ - Dennis Gartman To CNBC New bear warnings on Bitcoin have come from ex-commodities trader Dennis Gartman, who thinks it is going below $5,000. Gartman Letter creator and former trader Dennis Gartman has said Bitcoin will trade “below $5,000” and that it is “one of the silliest things in a long time.” In two appearances on newly Bitcoin-bearish TV network CNBC , Gartman stressed the implausibility of the virtual currency and said he would have no contact or exposure to it. “I'm very bearish on Bitcoin, I think it's one of the silliest ideas I've heard in a long time," he told its Futures Now segment Saturday. Speaking on Worldwide Exchange previously, Gartman added Bitcoin makes “no sense whatsoever.” “I won't trade it. I won't be long of it. I won't be short of it,” he announced, failing to see the merits of “some sort of an asset that has no real asset value behind it.” The Wall Street vete

Bitcoin Will Give Japan’s Economy a Substantial Boost

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Bitcoin Will Give Japan’s Economy a Substantial Boost Bitcoin and cryptocurre ncies had a year of exceptional growth in 2017.  The cryptocurrency market cap managed to surpass the valuation of $638 billion and many experts believe that it will further increase. The Cryptocurrency Job Market 2017 was one of the most exciting and interesting years for the cryptocurrency market. Bitcoin and Ethereum had a spectacular bull run and managed to make huge gains for investors and traders. We also had a huge number of Initial Coin Offerings and a record-breaking amount of funding. ICOs managed to raise over $3.7 billion in funding for blockchain and cryptocurrency-related projects. Most of these startups were successfully able to raise their funding goals and are now on a hiring spree. An article by Fortune mentions that the number of Bitcoin and blockchain-related job listings grew by over 5,753%. Experts believe that this is just the start and that the number of Bitcoin jobs will rise f

Crypto Market Crash - Not The New Year’s Present Everyone Hoped For

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Crypto Market Crash - Not The New Year’s Present Everyone Hoped For Most of the cryptocurrencies have lost a lot of value over the past two days, including the majority of top-20 by market cap, followed by a slight recovery today. The cryptocurrency market has experienced a powerful drop this Friday and Saturday. Coins were losing value across the board, with just three of the top twenty by market capitalization displaying growth of over 10 percent: Cardano , Qtum and Neo . Bitcoin, on the other hand, has dropped from a Friday high of $15,266 to as low as $12,350 on Saturday. The past two weeks have been very volatile for the original cryptocurrency, as it has achieved an all-time high of $20,000 on Dec. 17, 2017, only to hold it for a single day and consequently lose about 32 percent of that value, as of press time. The latest fall seems to be the continuation of that trend, with no recovery in sight yet. Ripple , which has just recently displaced Ethereum as the highest alt

Teenage Bitcoin Millionaire Plans on Building ‘World’s Best University’ in Dubai

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Teenage Bitcoin Millionaire Plans on Building ‘World’s Best University’ in Dubai Erik Finman, the teenage Bitcoin millionaire, plans on creating the ‘world’s best university’ in the city of Dubai to combat outmoded teaching methods. Most of the time when a person decides to head down the path less traveled, it usually ends in disaster. Yet there are times when a person perseveres and then prospers. Such is the case of Erik Finman, the teenage Bitcoin millionaire. He’s only 19, but he’s parlayed his initial Bitcoin investment into millions of dollars. Now he plans on building the “ world’s best university ” in the city of Dubai. Grandma’s Gift Leads to Millions The tale of the teenage Bitcoin millionaire is fascinating. Back when he was 12 (in 2011), his grandmother gave him a gift of $1,000. His brother Scott gave him a tip about getting into Bitcoin. Back then, a single Bitcoin was only worth $12, so he bought as much as he could and then decided to hodl them. However, the story g

Bitcoin Interest Fork Slated for End of January

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Bitcoin Interest Fork Slated for End of January There have been a handful of forks from the main Bitcoin Network over the past few months, and that seems to be continuing into the new year. Bitcoin Interest plans to fork at block 505083, on January 22, 2018. Bitcoin Forks Bitcoin Interest is the recently announced fork of the Bitcoin network, including full replay protection. They’re planning on changing a few things, but keeping more of the protocol together. For those of you who don’t know, a fork is a split in the two networks. At the time of the fork, everyone who owns Bitcoins will have the same balance of BCI if they’re holding when the fork happens. The fork will form two separate networks, with their own coins, users, merchants, and miners. There have been several since August, the first being Bitcoin Cash. Many followed that were questionable, such as Bitcoin Gold, Bitcoin Diamond, and some others that have gained absolutely no traction. Bitcoin Cash and Gold are the only

Protect Your Online Bitcoin Transactions Using a Multisig Escrow Wallet

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Protect Your Online Bitcoin Transactions Using a Multisig Escrow Wallet As Bitcoin and other cryptocurrencies gain popularity as a mode of payment transfer, it has become common for the average Bitcoin user to be scammed by an anonymous identity who requests payment for some work is then never heard from again. The decentralized nature of cryptos certainly has a tradeoff – unlike a credit card or bank transaction that can be reverted, a cryptocurrency transfer once confirmed is permanently recorded on the Blockchain. This is where multi-signature (multisig) wallets come to our rescue. A multisig wallet is a special bitcoin wallet that requires more than one private key to sign transactions. Most multi-signature setups usually involve three parties – the sender of the payment, the recipient, and an escrow agent. Each of the three parties holds one private key, and to send any transaction, at least two private keys must be used. Typically, escrow agents are trusted members of the Bitc

As EOS Tops $8 Is the Sun About to Set on Ethereum’s Reign?

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As EOS Tops $8 Is the Sun About to Set on Ethereum’s Reign? EOS hype is off the chart, but does the company have the capacity to outperform Ethereum? We answer that question and several more as we do a deep dive into the company, its management, and its business model. It’s easy to proclaim the latest technology the next internet, [insert crypto] killer, or even the next generation blockchain. But will it hold up to the hype? That is the question EOS is about to answer. To understand EOS, think of it as an IBM PC running Linux to Ethereum’s Commodore 64. The former being faster, more scalable and able to accommodate a wider variety of applications. That’s not a knock on Ethereum as the Commodore 64 has outsold every computer in history, but it does speak to the Ethereum’s current capabilities. If you ask EOS founder Dan Larimer , the biggest obstacle to widespread Ethereum adoption is the speed and scalability of the platform. But can’t Ethereum solve those issues and snuff out E

EdTech Pioneers Offer 10% Bonus Tokens in ICO for Peer-to-peer Tutoring Platform

EdTech Pioneers Offer 10% Bonus Tokens in ICO for Peer-to-peer Tutoring Platform NTOK.io has created a new platform for delivering education opportunities across the globe. Why is that worth mentioning? The brand-new model, based on blockchain technologies, could help the project to get a fair share of the fast-growing online education market. The service enables students to get in touch with tutors for online teaching or training sessions, which is a perfect alternative for language of programming courses. Of course, the direct peer-to-peer model does not completely remove the need for commercial schools, study centers, and tutoring agencies, but for a lot of people, this could be a perfect option, which makes education more affordable and accessible. This couldn’t come at a better time as EdTech spending will reach $252 billion by 2020 . Online tutoring remains an untapped market, with only 3 to 5% of all tutoring taking place over the internet. NTOK.io is poised to reverse this

US Dollar Will End 2017 as Worst Year Since 2003, While Bitcoin is Up 1372%

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US Dollar Will End 2017 as Worst Year Since 2003, While Bitcoin is Up 1372% Long-time Bitcoin investors and cryptocurrency researchers believe that the rise of cryptocurrencies as a new emerging asset class is playing a small role in the decline of fiat currencies across the globe, by separating money and state. For many … #bitcoin http://ift.tt/2ClAiRQ

Why Bitcoin Could Fall Lower From Here

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Why Bitcoin Could Fall Lower From Here Bitcoin broke below critical support in the upper $13,000s this morning ($13,500 - $13,800) and is now sitting around $13k at the time of writing this. Bitcoin has consolidated around these levels for the majority of the past week and has found significant support there. Steemit Post: http://ift.tt/2BY1lPR Last time we broke below this level, Bitcoin bounced back at the lower $13,000s. This time, Bitcoin broke below $13k. As a result of this, I suspect the upper $13k levels will now act as substantial resistance which will be difficult to push past. Given these factors, I suspect it is more likely Bitcoin continues to the downside rather than upside in the short-term. I forgot to mention in the video, but I will NOT be selling any Bitcoin. I might end up buying more if we continue lower, although I won't at these current levels. Furthermore, Ether has breached a critical resistance relative to Bitcoin at 5.5m Satoshi (0.055 BTC). I've sta

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30 Our last price analysis this year. See what price movement to expect and what orders to make during the holidays. The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. Cryptocurrencies have generated wealth for the traders like no other asset class. While Bitcoin has garnered most of the attention, it is not the only one to have risen in 2017. There have been scores of winners. Ethereum was the second leading currencies aiming to overtake Bitcoin as the dominant leader of the year; it could never really achieve the feat. However, within the past two weeks, Ripple has skyrocketed from a low of $0.22 on Dec. 10, to a high of $2.47 today. That’s a whopping rally of 1024 percent within a span of

US Dollar Will End 2017 as Worst Year Since 2003, While Bitcoin is Up 1,372%

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US Dollar Will End 2017 as Worst Year Since 2003, While Bitcoin is Up 1,372% The US dollar is set to end 2017 recording the largest decline in its value since 2003, while Bitcoin is en route to ending the year with a 1,372 percent increase. The US dollar has recorded the largest annual decline in value since 2003 and is forecasted to end 2017 at a three-month low against other major currencies like the Chinese yuan and Japanese yen. Separating money and state Meanwhile, Bitcoin, the most valuable cryptocurrency in the market with a $227 bln market valuation, is en route to ending the year recording a 1,341 percent increase in value, as one of the most profitable cryptocurrency in the global market behind Ripple , Litecoin , Dash and Ethereum . Several analysts such as Chris Gaffney, president of World Markets at EverBank, told Reuters that the value of US dollar would likely further decline throughout 2018, with no signs of short-term recovery. “The dollar will face more headw