Bitcoin Magician

NASDAQ plans to let investors bet on Bitcoin’s rise and fall Bitcoin is back in the news as its price continues a meteoric rise, with the cost of a single coin breaking $10,000 yesterday. Today, it was reported by several major publications that NASDAQ, the second largest stock exchange in the world, plans to … Bitcoin Bull Vs. Bear At $10000 Take a flight on a private jet and then take a good look at the floor of a public bathroom — those are my mental images of the private and public sector respectively. With a few small exceptions, I much prefer goods and services allocated according to …and more » http://ift.tt/2ipcCUG

Bitcoin too small to threaten world economy, says Bank of England … Sir Jon Cunliffe’s comments come amid fears of bubble as cryptocurrency’s price passes the $10000 barrier.and more » Bitcoin plunges after hitting record Why this matters: The price of Bitcoin is up more than 800% this year (it passed $10,000 for the first time earlier today) while at the same time facing criticism from some in the financial community, like JP Morgan CEO Jamie Dimon who called it a fraud.and more » http://ift.tt/2jwJjfz

James Altucher predicts bitcoin will reach $1 million by 2020 Outspoken libertarian and MGT Capital Investments CEO John McAfee tweets he predicts bitcoin will reach $1 million by the end of 2020, double his previous forecast. “I’ll say $1 million by 2020, as well, easily,” James Altucher says on CNBC’s “Squawk … Bitcoin’s Wild Ride: A Rally, a Rout and Outages on the Exchanges Coinbase, one of the biggest platforms, earlier tweeted traffic was at an all-time high after bitcoin surged to a record $11,434 at 9:11 a.m. in Bloomberg composite pricing. The cryptocurrency is extremely volatile and susceptible to major dips — it’s …and more » http://ift.tt/2ipcoNk

Bitcoin has been a staggering investment Is a crash coming? Whether you think bitcoin is a new path to wealth or the biggest bubble since Beanie Babies, the cryptocurrency was the talk of the financial system Wednesday as it smashed through $11,000 per coin — up $1,000 in 24 hours and up a blistering 900-plus … Bitcoin ‘Ought to Be Outlawed,’ Economist Joseph Stiglitz Says “Bitcoin is successful only because of its potential for circumvention, lack of oversight,” Joseph Stigliz, currently a professor at Columbia University, said in an interview on Bloomberg Television today, as the cryptocurrency reached new all-time … http://ift.tt/2ipsAhq

House and Senate Tax Bills Kill Cryptocurrency “Like Kind” Exchanges: Expert Blog Trades between two cryptocurrencies may or may not qualify as nontaxable “like kind” exchanges, but new bill would nix that possibility. Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com. Broadly stated, a 1031 exchange (also called a like-kind exchange or a Starker) is a swap of one business or investment asset for another. Under US tax code, most swaps are taxable as sales . In fact, the IRS has actively gone after the barter community, trying to tax goods and services that are exchanged. Section 1031 is an exception to the rule that swaps are generally fully taxable. If you can manage to come within 1031, you’ll either have no ta...

The Abyss Platform to Change Marketing Rules in the Gaming Industry The Abyss is launching its Token Sale. The project team is creating a revolutionary digital distribution gaming platform, where competition and struggle for clients are transformed into a  mutually beneficial cooperation. Game developers will be able to push their projects forward with maximum efficiency and earn money not only from in-game payments but also from referrals and other activities. Players will also have numerous earnings opportunities. Competition in the gaming industry is growing rapidly. In order to deliver their products to a broad audience, developers have to increase their marketing expenditures constantly. Thus,  the competition between developers shifts from providing a quality product to the size of advertising budgets. This damages the whole gaming industry. The Abyss project offers a solution – a next-generation gaming platform with a flexible and diverse product promotion and analyt...

Coinsilium Acquires 30% Interest in StartupToken Limited Coinsilium Group Limited (NEX: COIN), the blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce it has acquired a 30% equity stake in StartupToken Limited (“StartupToken”), a provider of accelerator and advisory services to technology start-ups and companies looking to undertake Token Generation Events (“TGEs”), sometimes referred to as Initial Coin Offerings (“ICO’s”). Agreement Highlights Under the terms of the Agreement, Coinsilium will: Acquire 300 shares representing 30% of the equity in StartupToken Limited, for a total consideration of £360,905.28 at a valuation circa £1.2m to be satisfied by way of a combination of shares and cash payments; Pay £276,694.05 to be satisfied through the issue of 3,255,224 Coinsilium shares at 8.5p, representing a 3% premium to the 28-day VWAP, and a further cash payment of £84,211.23; The ...