Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




please help me with the secure and affordable site to buy I buy $5 bitcoin

thanks

Read More Read More, Posted by: abaye
[Image: Game-of-Thrones-poster-450x300.jpg]

Last week, CCN reported that hackers had blackmailed HBO for bitcoin, as they threatened to release 1.5 TB of company data, including episodes of the hit series Game of Thrones. The hackers, going by “Mr. Smith” demanded “6 months worth of salary”, or about $6 million according to their own claims.


At the time, the hackers released about 3-4 GB of data to prove they actually hacked HBO. The data included network administrator passwords, emails, and other sensitive data. HBO recognized that “proprietary information” had been stolen, and added that it was investigating the case along with security experts and police.

Now according to a leaked email from an IT employee that various news outlets had access to, it has been revealed that the network offered the hackers $250,000 in exchange for a one-week deadline extension on the ransom. The payment was offered as a “bug bounty” payment, a type of payment companies usually offer hackers that reveal exploits without taking advantage of them.
In the email sent by an HBO senior vice president, the network claims to be working hard to review all stolen material, and that it hasn’t yet been able to do so. As such, in the “spirit of professional cooperation”, HBO asked for a one-week deadline extension, and as a sign of good faith it would hand over $250,000. The email reads:
Quote:“As a show of good faith on our side, we are willing to commit to making a bug bounty payment of $250,000 to you as soon as we can establish the necessary account and acquire bitcoin.”


According to reports, a source close to the investigation stated that the email was a stall tactic, and that HBO didn’t really plan on handing over $250,000.


The hackers had previously claimed to make between $12 million to $15 million per year blackmailing organizations whose networks they managed to compromise. HBO was allegedly their 17th victim, and only three refused to pay so far.
According to the Hollywood Reporter, only one hack victim actually paid for the ransom demanded by hackers. Companies that pay hackers bitcoin ransoms usually don’t reveal they were even hacked, as they fear an admission will make them a target for future attacks.

Notably, HBO said the $250,000 were a bug bounty payment. These aren’t uncommon and, in fact, companies are more than willing to pay hackers who discover bugs in their networks and help fix them. Major tech companies including Google and Facebook have bug bounty programs in place.

source

Read More Read More, Posted by: taxidojak

.png   Screenshot_1.png (Size: 91.28 KB / Downloads: 308)

Bitcoin dominates over other digital currencies today, but the data suggests its market share will drop significantly in the next few years.

When it comes to the future of money, there is a growing consensus that cryptocurrencies are set to play a major role. One cryptocurrency, in particular, has entered the public lexicon as the go-to digital asset: Bitcoin.





But the cryptocurrency market is significantly more complex than the public lexicon might suggest. And while there have been plenty of studies examining the role and future of Bitcoin, there have been few that explore the broader cryptocurrency market and how it is evolving.

Today that changes thanks to the work of Abeer ElBahrawy at City University in London and a few pals who have examined the cryptocurrency market as a whole and say that it is significantly more complex and mature than many had thought. The evolution of this market even bears a remarkable similarity to the evolution of ecosystems in many other areas, providing some insight into the way the cryptocurrency market might change in the future.

[Image: cryptocurrency.jpg?sw=600&cx=0&cy=8&cw=815&ch=458]





First some background. The big challenge with digital currency is to prevent unauthorized copying. Cryptocurrencies use two mechanisms to prevent this. The first is to publish every transaction in a public record and to store numerous copies of this ledger online in a way that allows them all to be automatically compared and updated. This prevents double spending—using the same bitcoin to buy two different things.

The second mechanism is to protect the ledger cryptographically. Every update collects together a range of new transactions and adds them to the existing ledger. But to do this, the earlier version of the ledger is first frozen and encrypted.

The new version of the ledger—called a block—includes the encrypted copy of the earlier ledger. Anybody can use this encrypted data to generate a number that can be used to check the veracity of the block. However, it is extremely hard to generate this number computationally in an attempt to game the system. It is this feature—that the blocks are easy to check but extremely hard to copy—that secures the system.

Of course, as the ledger continues to be updated, new blocks must be created, piggybacking on the old ones and creating an unbroken chain of blocks. Hence, the term blockchain technology.

Bitcoin is by far the most famous of these cryptocurrencies. It is also among the oldest, having first emerged in 2009. But it is by no means the only cryptocurrency. So an interesting question is how the cryptocurrency market is evolving.

To find out, ElBahrawy and co analyzed the behavior of 1,500 cryptocurrencies that have emerged since 2013 and say that some 600 of them are actively traded today. They say this market has recently entered a period of exponential growth and is currently worth $54 billion. (By comparison, the total amount of money in the world is about $60 trillion.) 

But while this cryptocurrency market is growing rapidly, ElBahrawy and co show that certain aspects of it are stable. For example, the number of active cryptocurrencies has remained about the same since 2013 as has the market share distribution, which follows a well-known power law.

The team also shows how this distribution can be reproduced using a standard model of evolution in which they plug in figures for the rate at which currencies emerge and die away.

This power law distribution occurs in a wide range of systems. For example, the same law describes the size of religions, of languages and even of wars (by number of deaths). In none of these systems is there are any favored religion or language or war. But all things being equal, they all form this type of distribution.

The fact that size distribution of cryptocurrencies follows the same law is significant. It implies that as far as the market is concerned, all currencies are essentially the same. “The fit with the data shows that there is no detectable population-level consensus on what is the ‘best’ currency or that different currencies are advantageous for different uses,” say ElBahrawy and co.

Whether that is true is up for debate. Various critics have pointed out a number of technical limitations associated with Bitcoin, and this has inspired a new generation of cryptocurrencies, such as Ethereum. Whether this will influence the market remains to be seen.

While this exponential growth is ongoing, Bitcoin’s market share is falling. The top five biggest currencies—Ethereum, Ripple, Litecoin, Dash, and Monero—now account for 20 percent of the market. And the trend for Bitcoin is clear. “This would predict Bitcoin market share to fluctuate around 50 percent by 2025,” say the team.

Another factor in the market is that cryptocurrencies aren’t used only as currency. Bitcoin is also widely used for speculation and can also be used for nonmonetary uses such as timestamping.

For many of these applications there is a clear benefit to having a single currency that everyone agrees on. “While the use of cryptocurrencies as speculative assets should promote diversification, their adoption as payment method (i.e., the conventional use of a shared medium of payment) should incentivize a winner-take-all regime,” say Bickell and co.

But experience with other ecosystems suggest that this is by no means certain to happen. For example, a single computer operating system has never been able to outcompete all others, regardless of the ruthlessness of its deployment. Neither has any human language or religion or fashion wiped out all others.  
That’s not to say it can’t happen. But unless there is significant external manipulation of this market, the likelihood is that there will be significant diversity in the cryptocurrency market for the foreseeable future.

Sourch https://www.technologyreview.com/s/60794...nentially/

Read More Read More, Posted by: taxidojak
[Image: bitcoin1314-large_600x400.jpg]

AMD Inc.'s (AMD) strong second-quarter earnings report provided additional evidence that Ethereum mining activity has provided a major boost to global GPU sales. But there are already signs that the craze is waning, and that AMD was quite justified in taking a cautious approach to forecasting its mining-related sales for the coming months.

"Miners" of cryptocurrencies such as Bitcoin, Litecoin and Ether -- the currency linked to the technology known as Ethereum -- verify new transactions involving a given blockchain technology, often while as part of a "pool" of miners that jointly process transactions. The verification process requires performing some complex, computationally-demanding math, and the processing power needed keeps growing as more transactions are verified and more miners join the fray. And assuming one is keeping a mining "rig" running much or all of the day, it's bound to run up a large electricity bill.


After a transaction has been verified, it gets added to a blockchain -- that is, a secure, distributed, transaction ledger featuring a long set of connected digital "blocks." In return for their work, miners are paid a small transaction fee from the parties requesting verification -- offering a larger fee guarantees miners will verify it quickly -- and are given a tiny portion of the new digital "coins" that are issued each day for a particular cryptocurrency. In the case of Ether, about 36,000 new coins (current value of $7.1 million) are issued each day for miners to compete over.

Unlike Bitcoin, which is now mostly mined using specialized chips (ASICs), Ethereum was built from the ground up to be friendly to GPU mining. Moreover, whereas mining Bitcoin and various other blockchain technologies merely involves verifying transactions related to the exchange of a cryptocurrency, Ethereum mining can also involve the verifying of various smart contracts executed by apps supporting the platform. This has led a number of big-name companies, including Microsoft Corp. (MSFT) , JPMorgan Chase & Co. (JPM) and Mastercard Inc. (MA) , to back the Enterprise Ethereum Alliance, a consortium dedicated to commercializing apps supporting Ethereum.

Mining-related sales of graphics cards running AMD's mid-range Radeon RX desktop GPUs have soared in recent months as Ether prices and transaction activity -- more related to Ether exchanges than smart contracts for now -- took off. Some miners are relying on cards optimized for mining, such as Asus' Mining Series cards, but many are using general-purpose hardware.

Sales of certain mid-range Nvidia Corp. (NVDA) GPUs, such as the GeForce GTX 1060 and 1070, have also gotten a boost. But overall, AMD's cards are more popular with miners. And from a financial standpoint, the fact that AMD's quarterly sales are over 30% lower than Nvidia's means that its top line receives a greater benefit (on a percentage basis) from a given amount of mining-related sales.

Demand among certain large-scale miners still appears to be pretty strong -- especially in places like Russia and China, where lower electricity costs improve mining's economics. A recent Quartz column noted that some large-scale miners are even resorting to leasing Boeing 747s to procure graphics cards.

But it looks as if enthusiasm among small-scale miners has begun declining. Last week, Vice's Jason Cross observed there has been a major uptick in recent weeks in the number of Ethereum mining PC rigs being listed in eBay, as well as in the number of AMD graphics cards being unloaded by miners. "I was going to build a mining rig but realized it was not going to be profitable." one eBay seller offering an AMD RX 580 card told Cross.


https://www.thestreet.com/story/14248092...nding.html

Read More Read More, Posted by: taxidojak
[Image: BTC-es-Haircut-Plan-Half-the-Balances-an...8x1068.png]
Last week, news.Bitcoin.com reported on the cryptocurrency exchange BTC-e announcing how the organization plans to repay customers who lost funds during the trading platform’s recent dealings with the FBI. Since then the exchange has revealed new arrangements which will introduce new tokens called BTCT and offer free trading for that specific market.

Also Read: Bitcoin Cash Thrives During Its First Two Weeks of Life[img=300x0]https://news.bitcoin.com/wp-content/uploads/2017/08/DQmcSbfZqm2FENe5U6oqfTj8miGQw8dG6inVkqvBTnYyAnB-300x75.png[/img]

On August 14 the cryptocurrency exchange BTC-e revealed new plans to redistribute the funds left on the trading platform after the recent U.S. law enforcement takedown. Last week we detailed that the exchange told all of its customers each one of them will deal with a “haircut loss” and BTC-e would create a new token to pay back the remainder of funds. A “haircut loss” essentially socializes the entire loss of funds among every BTC-e user who held funds on the platform. Basically, the exchange is taking the same path Bitfinex took back in August of 2016, when the Hong Kong-based platform was hacked for millions. Now the exchange has provided customers with a new update stating;

“We [BTC-e] have read feedback about our proposal to handle the recent situation, and we decided to revise our decision in favor of community opinions,” explains BTC-e’s latest post. “We believe that this is a good way out of the situation and is fairer for the holders of cryptocurrency and fiat funds on our exchange. For each currency, a recalculation will be made taking into account the currently available assets. Currently, 55 percent of funds are available, so 55 percent will remain in ‘currency,’ and 45% will be converted to our specific currency ‘token.’ For tokens of all currencies, free trading on a separate page will be opened.”
Quote:
Quote:
You can trade them at any price, but no more than their face value. We pledge to redeem all the tokens. You can also sell your tokens to other users and get currency, or wait and exchange tokens at face value.

BTC-e explains that users will need to comply with AML/KYC guidelines as the exchange will be working with a firm to process user verifications. Last week the exchange detailed that it was in the process of rebranding and relaunching a new cryptocurrency exchange. It’s currently unknown who has partnered with the trading platform or what the exchange will be called.  
The new details also warn of scams and phishing sites pretending to be official BTC-e websites or representatives. The exchange says all of its “official information” can be found on the company’s Twitter page and its official account on the Bitcointalk.org forum.


What do you think about BTC-e’s haircut loss and BTCT token idea? Do you think they will be successful like Bitfinex, and repay their customers back? Let us know your thoughts in the comments below.

Read More Read More, Posted by: JoseRizl
Imagine you had money which wasn’t kept in a bank, wasn’t controlled by the government, which you could use anonymously, and which you will never hold.

Would you be willing to use it?

Several internet users already do, so much so that the most popular cryptocurrency, bitcoin, has shot up in value from a few cents in 2009 to $4,114 as of this writing.

While cryptocurrencies like bitcoin seems like an alien concept to many, it’s patterned after how any other currency works. It has a real-world value and this value increases or decreases depending on the market.

James Florentino and Joseph Ross Lee of web development company Merge Commit believes Filipinos can benefit from using it, whether it be in everyday transactions for both the public and private sector.

They share that Filipinos already use it to receive payment from foreign employers while working in the Philippines, especially if you are in the tech industry; to make remittances, or in gambling.

Read on for a quick background on cryptocurrencies, and why they may be the currency of the future.

How did it start?

The first cryptocurrency, bitcoin, first surfaced in 2009, allegedly created by a certain Satoshi Nakamoto. However, no one knows this person’s actual identity, whether they’re a single person or a group.

Mainly, what drove its invention is people who wanted to control money on their own without being beholden to the rules—and fees—of a central authority.

What makes cryptocurrencies different from physical money?

Cryptocurrencies are fully digital, meaning they have no physical form and only exists on the internet. However, they have an exchange rate and can be accessed as a physical currency through certain banks.

The term cryptocurrency means that cryptography is used to protect the digital currency. Information on transactions can only be accessed through math algorithms or keys—more on that later.

One misconception is that cryptocurrencies like bitcoin is data on the internet. It isn’t a file that is being exchanged. The data that is involved is an online global ledger called a block chain, which is accessible online and is updated with every single bitcoin transaction.

How do cryptocurrencies have value?

With physical currencies, we use banks to make transactions, and their job is to keep track of how much money goes in and out, and if there are any fraudulent activities. In that sense, currencies are centralized, since there is one authority keeping tabs on it. It is also through them that the value of a currency is determined, depending on its supply.

Bitcoin, on the other hand, is a decentralized currency. Exchanges are done on a peer-to-peer network, meaning that a person with a bitcoin account (called a wallet) does not need to go through an authority to make a transaction.

How do people know how much bitcoins are being exchanged? Whenever one makes a transaction, they need to announce it to a network with the following information: your account number, the account number of the person you’re sending bitcoins to, and how many bitcoins you’re sending.

Thousands of volunteers around the world note this on ledgers using special computers that can solve a certain type of algorithm to keep the block chain updated.

How can I use cryptocurrencies?

Just like physical currencies, there are multiple kinds of cryptocurrencies in countries or regions. The two most popular ones are bitcoin and ether.

If you want to use bitcoins, you first need to create a wallet on a bitcoin network. Florentino shares that you can download a wallet app software either on your phone on your computer.

Unlike online banking where you can access your account from any device, your wallet only exists on that device. Users even back up the data on a hard drive just in case something happens to the device.

When you have a wallet, you receive two unique keys, one private and one public. The key consists of long alphanumeric symbols only known to you, and they need to be kept in a secure location. Lee shares that some even write them down—a friend lost his once and could never retrieve his wallet and the bitcoins in it.

With the wallet, your identity remains anonymous. To ensure that an actual person is behind the transaction and that you hadn’t hacked an account, the private key acts as your signature. The advantage of it is no one can forge it, unlike with physical currency transactions.

So when you want to send bitcoins, you have to announce to the network that your account number is sending a certain amount to another account number. You enter the private key to act as your signature and send it to the network. Everyone else can use your public key to verify that your private key is correct. If the transaction checks out, then it is added to the block chain.

Is it better than physical money?

Like any currency, cryptocurrencies have their pros and cons.

“Having control of your own money is the number one motivator,” says Florentino. You can trade to anyone in the world for a minimal processing fee, unlike banks or other institutions which constantly charge transaction fees.

It is also safer than money in a bank. Hackers target banks because they know where the money is. Since cryptocurrencies are decentralized, the only way wallets can get hacked is if they have access to the private keys.

According to Florentino, accounts can get hacked through third party subscriptions which people use to store their keys in so that they can access their wallet through multiple devices. However, this is similar to trusting your money to a bank, and this is the only way a hacker will know where they can access cryptocurrencies.

Since cryptocurrencies are still relatively new and are not controlled by authorities, it tends to be extremely volatile.

There are still no concrete regulations on its use. Both Florentino and Lee agree that the likes of the Bangko Sentral ng Pilipinas can regulate it “as long as it [benefits] the users.”

While the anonymity makes transactions faster and safer, they can also be abused, like when hackers demanded payment from HBO through bitcoin for leaked data.

Lee’s tip to using cryptocurrencies is that you shouldn’t be greedy and that you must have a specific purpose for it. For instance, if you want cheaper transfer of funds, you can create a wallet purely for remittances.

What’s next for cryptocurrencies?

“You will need to shut down every computer in the world if you want to stop it,” says Florentino. While it still has its naysayers, the tech industry has already embraced it, and it shows no signs of slowing down.

In fact, Merge Commit is more interested in another type of technology called ethereum, which has more applications than bitcoin. While bitcoin is focused on payment technology, ethereum opens the use of cryptocurrencies in banking and big corporations. In the Philippines, the company is interested for it to be used in the government down to sari-sari stores.

Our next report will tackle how ethereum can make cryptocurrencies more accessible in the real world. JB



Sent from my ASUS_Z00LD using Tapatalk

Read More Read More, Posted by: sanuk
[Image: UBVXJi1.png]
Hey! I'm Alexis, a French IT student and Stellar holder since 2k14 8)
I've been working on BlackWallet the last weeks/months, tried many things, started over again and again (dev routine :laughing:) but finally, today, I'm proud to be here, introducing the first, but not least version of BlackWallet!

LINK
------
https://blackwallet.co/


THE PROJECT
------

BlackWallet is a web Stellar Lumens wallet, it was built using javascript & stellar horizon. I like to describe it as an enhanced account viewer as it doesn't require users to create an account - all you need is a private key.
However the stellar's account viewer and blackwallet share no code at all, I built blackwallet from scratch.

My goal is to create an easy but powerful wallet with as many features as possible. The idea is that blackwallet could be used by new users for its simplicity while at the same time being used by the confirmed users for its advanced features.
That's ambitious I know. But I truly believe this can be achieved - at least, I'm doing my best to make it a better wallet everyday.

As I said, blackwallet is a web wallet, but can be used on any device that can execute javascript code - it can also be used as a web-app on iOS (by simply enabling the mobile mode in the settings and adding blackwallet to the screenboard).

I'll post here what I'm working on, the changelogs and what may come in the future - feel free (and I'd love that you do so) to post some feedbacks, ideas, bug reports here, this would really help! Many brains are better than one!


FEATURES
------

• No registration
• Sending and receiving Lumens, Assets, Tokens
• Multiplatform
  - *Usable on any device that can execute javascript*
  -* iOS webapp*
• Multiple accounts
  - *You can add as many accounts as you want and give them names to keep it organized!*
  (requires mobile mode to be enabled)
• Mobile mode
  - *Enable this mode in the settings to make your wallet(s) persists until logout*
• Assets/Tokens support
  - *Sending & receiving*
  - *See your balances*
  - *Change trust lines*
• Real time balances (+USD balance)
  - *Your balances update in real time, whenever a transaction is made,
  your balances will update + your balance's worth is displayed in USD.*
• Market choice for USD price
  - *You can choose the market to be used for the XLM<->USD rate.*
  *currently 2 choices: coinmarketcap & kraken*
• Address inspector
  - *You can inspect the holdings of a public address by
  entering it in the inspector tool.*
• Settings
  - *BlackWallet can be customized in the settings page*
• Set inflation destination
• XLM/BTC/XRP data & charts
  - *Volume, market cap, usd/btc price, charts etc.*
• Community integration
  - *Various links to Stellar related boards, social networks, exchanges...*
  - *Stellarchain.io links are also used in some cases to provide more informations.*
• Path payments
• Open federation
• Sending lumens to mail
• Merge account operation 
• Multi languages  (english, french, italian)

WIP & Planned features
------
~~• Sending Lumens/Assets to email addresses~~ (done)
• blackwallet pay, a payment interface to easily get paid in Lumens (delayed)
~~• Merge account operation~~ (done)
~~• Federations (need to learn more about that)~~ (done)



KNOWN BUGS
------

[fixed] ~~(**_low_**) stuck on loading when browsing blackwallet with private navigation activated on iOS 10 devices. (probably related to localStorage)~~
[fixed] ~~(**_severe_**) mobile mode broken~~    



DOCS/API
------
I am updating regularly the "Get Started" page, it's a FAQ for both Stellar & BlackWallet.
You can find it here: https://blackwallet.co/getstarted



CHANGELOGS
------
(not all changelogs are here, current version is: 0.1.7)

> blackwallet v0.1.2 changelog (07/11/2017)
> - improved webdesign, new color scheme, new landing page
> - new icon & screenboard's icon
> - changed tooltips location from top to bottom
> - bug fixes & non-working links fixes
> - new settings: you can now choose which market you'd like to use for the USD balance display. (coinmarketcap & kraken for the moment)
> - the settings are now saved differently, it will now be easier to add new settings (code related only)
> - clicking on your public address will now select it
> - added current version in the settings
> - added a message to notify users their account doesn't exist on the network and the amount they need to send to fulfill the minimal balance
> - blackwallet pay ALPHA will be tested soon (read more: https://blackwallet.co/pay)
> - added more docs in the get started page
> - added a 404 error page


> ***blackwallet v0.1.7 changelog (07/14/2017!)***
- improved wallet design
- textboxes improvements (disabled autocomplete, spellcheck for some of them)
- checkboxes, radioboxes and selects are now blue instead of green
- tokens are now supported, you can see your holdings / send and receive tokens.
- tokens: you can now add/remove a trustline for a given asset
- you can now set your inflation destination address (settings>money)
- improved account inspector, results are now displayed in a table
- improved design on mobile devices & tablets, the tools are now displayd at the bottom of page (iOS like)
- improved slide animation
- fixed the bug with private browsing on ios, blackwallet now works in private mode too!

Read More Read More, Posted by: 0wnix
[Image: Bitcoin-Flies-Past-New-All-Time-High-of-...8x1068.png]
The price of bitcoin has climbed to another all time high of $4,000 per BTC across global exchanges on August 12 at approximately 9:40 pm EDT. It was just seven days ago when bitcoin’s price surpassed the $3,000 zone gaining $1,000 in value in just one week.


Also read: Lightning Network Wallet Zap Launches Beta Release

Bitcoin Gains $1000 in Value Over the Course of One Week
Last week news.Bitcoin.com reported on how bitcoin crossed the $3K price range just five days after the network split. Now a week later the decentralized currency has continued to rise relentlessly and now commands a weighted average of $4140 per BTC at the time of writing. Most of the current demand for bitcoin is stemming from the U.S., Japan, China, South Korea and India, but the cryptocurrency is growing more popular in nearly every country worldwide according to Google Trends. Local Bitcoins volumes are also soaring in every nation state recorded by Coin Dance data.   

[Image: 20839709_1911444722453200_447635970_o-1392x783.jpg]

At this price, bitcoin’s entire market capitalization is roughly $66B and dominates 47 percent of the entire $134B cryptocurrency market cap. Further, since our last price analysis, BTC trade volume has increased from $1.7B to $2.3B over the past 24-hours. The $4K bitcoin price also follows in line with Goldman Sachs recent BTC predictiontwo months ago. Goldman Sachs chief technician, Sheba Jafari said at the time;

Quote:
Quote:
[Bitcoin] has a minimum target that goes out to 3,212. There’s potential to extend as far as 3,915. It just might take time to get there.  

[Image: 4kday-1392x497.png]

Brace Yourselves, Pictures of Bitcoin Price Tickers and the ‘Roller Coaster Guy’ Are Coming

Bitcoin’s value has gained $1000 per BTC over the course of the last week, and it wasn’t so long ago when the price surpassed $2K back in May. At the time bitcoin’s average 24-hour trade volume was roughly $1B, and since then volumes have doubled worldwide. Moreover, when bitcoin’s price reached the $2K milestone the network hashrate was 4.2 exahash per second, and now miners are processing at 6.1 exahash per second. Mining revenue is also doing quite well reaching its highest point in history, making mining a very profitable business in 2017.


[Image: DHCOc5_VwAAvJoU.png-large-1392x700.png]

Of course, cryptocurrency enthusiasts are very pleased with bitcoin’s price performance. Social media and forums are littered with pictures of people’s price tickers at $4K with plenty of funny ‘roller coaster guy’ memes as well. There have been some individuals who feel like these rises are no big deal anymore and new all time highs are just like any other day in bitcoin-land. One forum post nonchalantly says, “Meh — Getting boring, wake me up when we’re at $10k please.”

Where do you see the price going from here? Let us know in the comments below. 

Read More Read More, Posted by: JoseRizl
[Image: Circle-Financial-CEO-We-Trade-Over-1B-in...8x1068.png]
The Boston-based bitcoin startup, Circle Financial, announced last year they would stop buying and selling bitcoin from users, but the company claims to still be the “second largest crypto asset trader in the world,” according to CEO Jeremy Allaire.
Also read: Markets Update: Bitcoin Rallies While Traditional Assets Tumble Worldwide
Circle Financial Claims to be the ‘Second Largest Crypto Trader Worldwide’
[img=153x0]https://news.bitcoin.com/wp-content/uploads/2017/08/offer.png[/img]Last December, the company Circle Financial announced that it would stop servicing direct consumer bitcoin trades. The company surprised many bitcoiners as it pivoted its business model to handle cross border cryptocurrency payments and Over the Counter (OTC) trading. According to Circle’s founder, Jeremy Allaire, even though the startup stopped managing direct bitcoin services for consumers, the company still maintains a lion’s share of cryptocurrency trading. When recently asked what Circle has been up to lately Allaire responded by saying;
Quote:
Quote:
We use bitcoin and ether, and we are the second largest crypto asset trader in the world. We directly trade over $1B in crypto per month.
Circle Provides ‘Significant Scale in OTC Trading With Large Natural Buyers’
[img=300x0]https://news.bitcoin.com/wp-content/uploads/2017/08/997a57b87f14a97752da2c930c95a2fd-300x200.jpg[/img]
Circle’s CEO Jeremy Allaire says the company is still very much involved with bitcoin.
Circle announced its decision to create, “Spark,” a cross border payment system aimed at citizens in the Philippines and Korea. Alongside this, the company would deal with OTC exchanges between large financial institutions and would eliminate the Circle app’s direct bitcoin purchases and sales. In response to Allaire’s comment about being the second largest crypto trader globally one individual asks, “Where? Your app has forbidden bitcoin for almost a year now.”
“We don’t enable direct consumer trading, we market make on all major exchanges, and provide OTC liquidity services to institutions,” explains the Circle founder.
This July the company announced “free cross border payments” and explained that the company was growing exponentially in Europe. According to the company, over the past few years Circle created a treasury to ensure customers can transfer money instantly. With it’s OTC services, the startup also “actively trades and provides significant market liquidity for bitcoin, ether, xrp and increasingly nascent tokens and ICOs.”  
Quote:
Quote:
We actively make markets on nearly all major exchanges globally, and provide significant scale in over the counter (OTC) trading with large natural buyers and sellers of crypto assets.
It seems Circle is still very much involved with bitcoin these days and has even opened up to multiple cryptocurrencies as well. Most of Circle’s business model is now working with the decentralized currencies from behind the scenes, and the last few months “growth has been significant,” explains Circle.
What do you think about Circle working behind the scenes with bitcoin and other crypto assets? Let us know your thoughts in the comments below.

Read More Read More, Posted by: JoseRizl



Mobius ICO web-site: https://goo.gl/D2f9U6
Mobius ICO "White Paper": https://goo.gl/SPZy24
Mobius ICO BitCoinTalk: https://goo.gl/tjBGuF
✅ Telegram channel with ICO reviews + crypto news: https://t.me/itubermoney
✅ Steemit marketing chat: https://t.me/itubersteemit
✅ Cryptocurrency (BTC & ETH) Investment & Trading Course 2017 : https://goo.gl/Zp3UL1
⇓ ⇓ ⇓ ⇓ ⇓ ⇓ IMPORTANT [PUSH HERE] ⇓ ⇓ ⇓ ⇓ ⇓ ⇓


=============HOW TO CONTACT ME=================

➜ SUBSCRIBE: https://goo.gl/lsz7Gl 
☎ Steemit: https://steemit.com/@ituber
☎ Telegram chat about passive income and smart investments: https://t.me/itubermoney
☎ Facebook: https://www.facebook.com/andrew.pogor...
☎ Instagram: https://www.instagram.com/itubertm



==========OTHER PROFITABLE COMPANIES=============
✅ British Company LEO [My revenue/month 3000 EUR]: https://goo.gl/CR62Ku
✅ IPO company Questra World [My revenue/month 2800 EUR]: https://goo.gl/JcUSFU
✅ Cryptocurrency exchange Ethtrade [My revenue/month 2500$]: https://ethtrade.org/@109298
✅ Cryptocurrency exchange TradeCoinClub [My revenue/month 4000$]: https://goo.gl/iLqUkf
✅ Earn money passively listening Bitrad.io from 0.00$ investment: https://goo.gl/mtMTZP
✅ Register on Coinbase [Refer a friend and both gets 10$ for free]: https://goo.gl/UFXaio
✅ Earn passively from over 100 PoS cryptocurrency with PoSWallet: https://goo.gl/Ysooeg


===============HIGH-VALUE WEBSITES==================
✔ Youtube promotion: https://goo.gl/cIYLB5
✔ URL shortener: https://goo.gl/F7TZUq
✔ Offshore card Advcash: https://goo.gl/2EeG4L
✔ Offshore card Okpay: https://goo.gl/0X17OF
✔ Perfect Money: https://goo.gl/4BfpOc
✔ Best BitCoin + Etherium wallets: https://goo.gl/P8Iai6
✔ Best exchange website: https://goo.gl/VGhorI
✔ Earn money by changing money online on Bestchange: https://goo.gl/SqNozH

Read More Read More, Posted by: cryto


Mobius Co-Founder David Gobaud explaining why the MOBI token had to be on the Stellar Network instead of Ethereum in order to truly enable decentralized commerce - in short: faster, more secure, and lower cost than Ethereum and all other ERC20 tokens. August 9, 2017

Read More Read More, Posted by: cryto
What smart contracts
(Smart Contracts)
The technology of plucchin has become much wider than just petcin. It has proven to the world that this new wave of Lucent technologies can provide efficiency and technological advantages that are very similar to what the Internet has done. However, BlockChen is a very powerful technology, capable of performing complex operations, able to understand much more than just how much of your homeowner currently has in a digital wallet. 
This is where the idea of smart contracts comes. Smart contracts have actually become the cornerstone of Blockkin's enterprise applications and will likely become one of the pillars of Blockchin's technology. Below we explore what the nodes are smart and how it works, and how to use it 

Smart Contracts
A contract is a term used to describe the code of a computer program capable of facilitating and executing the negotiation or performance of an agreement (ie contract) using Blockkin technology.
The entire automated process can act as a supplement or alternative to legal contracts, where the terms of the smart contract are recorded in the computer language as a set of instructions. 
Smart contracts provide an effective way to issue ownership tracking of unique digital representations of value, which we call money   . 

Smart contracts (also called self-executing contracts, blockchin contracts, or digital contracts) are simply computer programs that act as agreements where the terms of the agreement can be programmed with the ability to self-implement and self-enforce. The main goal of smart contracts is to enable the parties to anonymous trade, and do business with each other, usually online, without the need for an intermediary. 
The origin and history of smart contracts is much older than Betcuen and dates back to the 1990s. The term 'smart nodes' for the first time was coined in 1993 by one of the alleged Betquin creators, Zabo Nick, and referred to a self-automated software program that could implement any contract terms. 


Future of smart contracts
The future of smart contracts will likely be to deposit a sample of hybrid paper code where contracts are validated to verify their authenticity through the proxy, but the backup papers are also deposited for traditional asylum purposes. 


The difference between conventional contracts and smart contracts
Traditional contracts
Such as those created by legal professionals today, contain legal language for huge amounts of printed documents and are heavily relied upon by third parties for law enforcement. This kind of law enforcement is not only too long, but also very vague. If things go wrong, where parties to the contract often have to rely on the public judicial system to address this situation, which can be very expensive and time-consuming. 

Smart Contracts
Often created by computer programmers by helping tools develop smart, digital and linear nodes using code from programming languages such as C ++, Python, Java. This code defines rules and consequences in the same way as a traditional legal document, stating the obligations, benefits and penalties that may be caused by either party in different different circumstances. This code can then be executed automatically


How do intelligent contracts work on Blocchin? 

In order to understand how smart contracts work, it is important to first make a distinction between smart contract code and how this code is applied correctly. As described in the article Smart nodes can be divided into two separate elements: 

1. Smart contract code - The code that is stored, verified and executed on the blockkin. 
2. Smart Contracts Law - Use of the Smart Contract Code which can be used as an integral or alternative element to obtain legal contracts. 

The mechanism of smart contracts step by step
1- Coding 
Because smart contracts work like computer programs, it is very important to do exactly what the parties want them to do. This is achieved by introducing common sense when writing your smart contract. The code behaves in a predetermined manner, and does not have language differences for human languages, therefore, it is now automatically "if this happens then does it" part of the traditional contracts. 

2 - distributed books (how to send out smart contracts) 
The codes are then encrypted and sent to other computers over a distributed network of notebooks (ie, distributed account records). If this is done by generic blockcin such as Bitquin, the nodes are sent out similar to the way an update will update the Betquin network traffic.This can also be done in a ledger distribution platform (Blockkin permissions) or mixed as a Distributed R3 Ledger. 

3. Implementation (how to be addressed) 
One of the computers in this network of distributed notebooks receives the code, each of which reaches an individual agreement on the implementation results of the code (the network updates the distributed notebooks to record the execution of the nodes, and then monitors compliance with the terms of the smart contracts.) In this type of system, By the parties because control of the implementation of smart contracts is no longer possible because the implementation is no longer in the hands of one party. 

Read More Read More, Posted by: elsherbeny
There are so many ways to win Betquin or any currency today than ever before, which makes this article easy to write. It is not difficult to figure out how to win a bet, but on the other hand it may be difficult to write because there is no one-size-fits-all approach or profit.

Important Tip: The best way to win Betquin is the depth of visibility you see for this currency because many see Pitcone as a coin that is different from the regular money we use in our daily lives.Do we get money to work and provide services right? , And this is the way to get e-currencies as well 
from Taps)

[img=0x0]https://image.jimcdn.com/app/cms/image/transf/dimension=170x1024:format=jpg/path/s34876f86e8017f5b/image/ifb3c7e762466c4be/version/1467802982/%D8%AD%D9%86%D9%81%D9%8A%D8%A7%D8%AA-%D8%B5%D9%86%D8%A7%D8%A8%D9%8A%D8%B1-%D8%A7%D9%84%D8%A8%D8%AA%D9%83%D9%88%D9%8A%D9%86.jpg[/img]Taps and taps
If you are looking for a quick and easy way to get a small amount of petequin, the faucets are exactly what you need. The Pitquin faucet is a site that offers a certain amount of currency per visitor. You only have to pass the CAPTCHA test to prove that you are not a computer trying to manipulate the site system. When you reach the minimum payment, the site sends you your share of the Bitquin. The minimum is different from one location to another. .What is important is that you need only the title of your wallet and they will send you the recipe, and these sites were found in its beginnings only to encourage and introduce people to the currency of Betquin and electronic currencies, but now they are supporting themselves by placing Google Adsense ads


The following is a collection of the best Btc taps
1 - Bitcoin Space Collect the Bitquin every hour and get the highest amount provided by the faucet in the Internet




[size=undefined]
2 - Fieldbitcoin You can collect Bitquin every 5 minutes to speed up profit or once a day until your profits are gathered[/size]




[size=undefined]
3- Bit Fun In this tap encrypt your IP and double your profits[/size]




[size=undefined]
4- Freebitco.in Theoldest and most reliablefaucet in the world ofinternet profit  [/size]




[size=undefined]
5 SwissAdsFaucet a good faucet will help you get a bitcoin  [/size]



[size=undefined]
6 BitcoFram   Great location to get a coin for a pitcoin  
[/size]

Read More Read More, Posted by: elsherbeny
[Image: DGhC6HoW0AE4H5y.jpg]
The price of bitcoin has exceeded its previous all-time high of $3,000, soaring to $3,200 for the first time.
[Image: coinbase-logo.jpg]
Figures from Coinbase show the market started moving around 03:00 a.m. when bitcoin’s price climbed above $2,900. At 10:30 a.m., bitcoin recorded a new historic high when it reached $3,200.

Today’s new high pushes the the market value of bitcoin up to $52.1 billion with the entire market now worth $108.9 billion. Over a 24-hour period, the number one digital currency increased its value by 10.19 percent while its value rose by 15.40 percent over the past seven days, according to CoinMarketCap.

It marks a new milestone for bitcoin as it hasn’t seen $3,000 figures since 12 June.

Low Support for Bitcoin Cash

Amidst a user activated hard fork (UAHF) which saw the creation of a new cryptocurrency called bitcoin cash, the new price for bitcoin signals a significant step. A lack of support for the new currency has seen its position fall from third down to fourth, behind ripple.



Bitcoin cash now has a market value of $3.8 billion while its price has dropped by over 20 percent in 24 hours to trade at $231. The highest it has reached, so far, was on the 2 August when it peaked at $727.



   

Some industry leaders have also come out against bitcoin cash saying that it is a ‘non-event.’

According to Sheffield Clark, CEO of Coinsource, he is reported as saying:

Quote:When we look back 30 days from now, this is essentially going to be a non-event.

Whereas, Perry Woodin, CEO of Node40, a blockchain service provider, specializing in infrastructure hosting and blockchain accounting, said:

Quote:People who are going to benefit from Bitcoin Cash are the ones who see it as free money, so they can then invest in something else. It’s going to be a race to see who can sell it the fastest.



Will Bitcoin Reach $5,000?

With bitcoin’s price achieving a massive leap it begs the question: can it reach $4,000 or even $5,000?

Last month, Sheba Jafari, Goldman Sachs chief analyst, made the prediction that the digital currency could get as near as $4,000.



However, Keiser Report Host Max Keiser has taken a more bullish approach and thinks a $5,000 price is ‘within sight.’
At the time of publishing, the price of bitcoin is currently trading at $3,167, according to CoinMarketCap.

source

Read More Read More, Posted by: julian

.png   Screenshot_1.png (Size: 120.24 KB / Downloads: 254)

Fresh off $100 million in new funding, expectations are high that Coinbase – the largest and most visible US cryptocurrency startup – will use its new investment to improve services that have succumbed to the stress of a growing industry.

So, while praise rolled in quickly for Coinbase in the mainstream press this week, just as quick were the social media criticisms, with users refraining from any reticence in describing their dissatisfaction with certain aspects of its service.

On Twitter, Coinbase users openly grumbled about the startup's struggles with uptime, as well as technology decisions that some felt have left them, unlike the company, short on funds. Not that this should be a surprise on either side – from site outages to shoddy customer support, Coinbase has struggled to keep users happy.

And to be fair, the company has been open about where it believes it has fallen short in adjusting to a market that went from cold to hot virtually overnight as the total market capitalization of the asset class exploded at the start of 2017.

"Over the past six months, Coinbase and GDAX have seen unprecedented growth," said a Coinbase spokesperson in an email. "As a result, our systems have been pushed to the limit and [this] has resulted in a negative experience for customers."

While a blog post about the raise suggests Coinbase will be using the money to address some of these concerns, increasing the size of its customer support teams, it's yet to be seen how successful it will be in correcting them.

The spokesperson continued:
Quote:
"We understand how frustrating this can be, and we are committed to improving the experience for our customers. We haven't done enough to keep up with our growth and now we are taking steps to correct it."
Hopeful this proves true, but until then, here are some of the biggest questions the startup will have to answer in the months ahead.

1. Will exchange uptime improve?
Perhaps the most visible problem of late, Coinbase's exchange, GDAX, has proven to be problematic at times of high volume, going down when users arguably most need it to function. (A criticism that could just as likely be volleyed at CoinDesk itself).

But given the influence of Coinbase's brand, those outages and slip-ups generally have had a negative impact on cryptocurrency prices, leading users to be denied economic opportunities, such as the ability to capitalize on volatility.

The latest incident happened in June when a multimillion dollar sale of ether was placed on GDAX, pushing the price down drastically and automatically executing a few hundred margin calls and stop losses. Stop losses allow users to limit their loss on a position by ordering the sale should the price of the asset reach a certain price, but it's not typically put in place for exchange slippage.

That flash crash, when ether prices plunged from more than $300 to $13, resulted in GDAX blocking withdrawals and disabling trading of the ETH/USD pair.

Because the site was inaccessible, traders that wanted to cancel their stop losses and margin calls were unable to do so. Here on Coinbase's community forum, one user talks about losing $5,000 worth of ether after the flash crash.

In response, Coinbase moved quickly, crediting the accounts of those directly affected, and is now looking to put trading safeguards in place. But for some, the inability to participate in a market movement was painful.

In an email, a Coinbase spokesperson said the exchange has "committed to using funds from this round to increase the size of our engineering and support teams to improve customer experience on Coinbase."

2. Will customer service improve?
As Coinbase expands into new markets, issues have also arisen in its communication of its coverage area. For instance, the startup has an influx of customer support tickets, even in areas where it doesn't operate.

For instance, CoinDesk has talked to about a dozen people who have been locked out of their Coinbase accounts after accessing their account in Cuba. In July, Coinbase told us it was working through backlogged support tickets, but CoinDesk continues to get messages from users that have yet to hear about their Cuba-related ticket.

And their Twitter feed shows an underlying problem with support in general.
In early June, Coinbase committed to decreasing first response times to less than six hours, and cases concerning large balances in under two hours.

The spokesperson reiterated this pledge in statements for this article.

3. Will Coinbase list 'forked' coins?
Coinbase has said it would like to add more assets for users to trade, but just where it draws the line is unclear.
Cautious not to upset regulators, Coinbase likely spends a significant amount of time and money integrating a new coin into its exchange. But here, too, this has sometimes rubbed users the wrong way, especially when they could benefit economically from such listings.

Most recently, Coinbase indicated it would not support the new cryptocurrency "bitcoin cash," when it was suddenly created through a fork of the bitcoin network. Holders of bitcoin would automatically receive an equal amount of bitcoin cash as part of the process – 
if it was held in a wallet or exchange that supported bitcoin cash – but Coinbase told users interested in receiving their new funds to withdraw their coins.

Some, even with Coinbase's advanced notice, didn't take their bitcoins off the platform and are now upset that they can't reap the rewards of bitcoin cash's current price of around $330, especially when a quick sale could mean they could invest more in bitcoin.
Not only is this a missed opportunity for users, but Coinbase also stands to lose since it has access to bitcoin cash without having the ability to make money off those reserves through trading.

The exchange recently followed up on its statement about bitcoin cash support, pledging to enable withdrawals of the new cryptocurrency by January.

The question then becomes whether stalls in listing the new cryptocurrency are resource constraints that the new raise could help shore up, as the company is looking to fill many open positions.

And with another potential fork ahead, it remains to be seen whether the company will, or should, take steps to respond to this complaint.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Coinbase.


Read More Read More, Posted by: julian

FINANCE with a MISSION to FIGHT POVERTY


Help us Spread the News and Stellar Lumens XLM (Formerly known as STR)
Banner Rules Posting