Wednesday, December 13, 2017

A blockchain for capacity among the possibilities

The executive thinks blockchain can help in several areas, including providing trust among parties and eventually helping with truck utilization as more visibility into truck locations is gained. To illustrate, Emahiser used the analogy of making a dinner. If you look in one cupboard, you may have one ...

from Google Alert - Blockchain

The Blockchain Consortia Train Continues To Roll

This time last year, industry experts begin dolling out their predictions for 2017. Deloitte, itself an investor in the technology, predicted ongoing creation of blockchain consortia as more innovators, FinTechs and large institutions collaborate to explore use-cases and begin to create working solutions ...

from Google Alert - Blockchain

Bitcoin, blockchain, valuations and bubbles

NASTASSIA ARENDSE: When you talk to a lot of people who claim to be Bitcoin experts, they all talk about this underlying technology, this blockchain. And if you are not investing in Bitcoin and you don't believe in this powerful technology that we have, my question then is, it then that I'm investing in the ...

from Google Alert - Blockchain

BitcoinTV: by BitcoinMeister on YouTube

The 1 Bitcoin Show- Accept failure & move on! Protect against it, don't participate in it & prolong
Failure should be embraced in the Bitcoin space. There are no bailouts here. Failure teaches a lesson. There are going to be many failures in the space and there will be people who unwisely try to delay the failures of flawed projects. Do not be a part of endeavours that are on the road to failure. Don't blindly believe everything you hear and read in this space. Be your own expert. I try to clear up some crypto-dividend confusion plus much more! Andy Hoffman- All BTC crypto-dividends here- Tuesday's show- Monday's show- Sunday's show- Saturday- This week in Bitcoin- Thursday's show- WCN Podcast- Bitcoin people you need to know- Birth of the Crypto-dividend- Email the Disrupt Meister intern- and tell us why you want to be an intern! -------------------------------------------------------------------------------------- CryptoHWwallet affiliate link- "MeisterFreeHW1Over200" This is the coupon that is for people who spends over $200 (exclude shipping) to get a free H.W1. Ledger hardware wallet. Limit 10 pcs only coupon use at first, first come first serve basis only. 1 per customer for up to 10 uses. BUY Cryptograffiti shirts here and use the "Meister" discount code to get 10% off anything in the store! UPVOTE THIS- Buy your Bitcoin Trezor storage device here: Buy Bitcoin at Coinbase here: CryptoHWwallet affiliate link- Adam's Twitter- Adam's Minds- Support the cause if you like what I have to say: BTC: 3HZngc6ASzt3deDm582u8xJRFAwmz7YTwG ETC: 0xb28CD007E0495b34BA6030859030322b7bE8422B Monero: 49broKTMLfFBZtzFFWptyqbuTF4rm7Pp6HZj4ReRuKQf3Z6uFjCbWgs6n4ymX5aYTsczoELGd3vYSD4XUQrjvy3S5qTsN3s LTC: LQm55H4oUCoVPiBd25A4v2jHXLtC9oo9Jg ETH: 0x0feb7bCd89C4Ea0c14FC7D94b9afBDE993034AD5 DASH: Xjcpo8Lh6NKQoV3F12pGpXUiK4XRoQyudN Decred: Dsoq2ZPcqQDj5TSBLMAFX2SxCMHaYFnDty4 BGold: AN6p1tD2KwRKvhiinprN9wCqGe4KUqPsY5 My latest Steemit post: My Steemit page: Value of every cryptocurrency- Watch more of my Bitcoin videos here: Adam Meister is available for an hour long Bitcoin/cryptocurrency consultation where he can walk you through the Trezor installation process and help you move your Bitcoins to the Trezor. He will answer all your questions in that hour. Trezor is just one Bitcoin topic that Adam can help you with, you can ask his advice on anything cryptocurrency related. From marketing and promotion to Altcoins to storage and the buy and hold philosophy. Adam's hourly rate is 0.11 Bitcoin. Feel free to email: Adam AT TrezorHelp DOT com to set up a Skype/phone consultation or to arrange an in person appearance or speaking engagement. Adam is available to speak at conferences around the world. Buy your Bitcoin Trezor storage device here:

View on YouTube

Tax Investigators Raid Bitcoin Exchanges Across India

Tax Investigators Raid Bitcoin Exchanges Across India

Investigators from the income tax department of India have conducted onsite searches at the offices of the country’s top nine bitcoin exchanges early on Wednesday morning.

Also Read: Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with Litecoin

Tax Investigators Raid Bitcoin Exchanges Across IndiaGovernment officials told the Indian news agency PTI that multiple teams of detectives from the tax department, under the command of the Bengaluru investigation wing, surveyed the trading venues in Delhi, Bengaluru, Hyderabad, Kochi, and Gurugram.

This action was taken under section 133A of the Indian Income Tax Act for “gathering evidence for establishing the identity of investors and traders, transaction undertaken by them, identity of counter-parties, related bank accounts used, among others,” according to the quoted officials.

The teams of detectives are said to be armed with various financial data and inputs about the workings of the exchanges. Reports called this the first big action against the exchanges operating in the country, suggesting that more is to come.

Regulations Are in the Works

Tax Investigators Raid Bitcoin Exchanges Across IndiaReports from India indicate that the authorities are preparing a regulatory and legal framework to try and deal with what they see as the challenges bitcoin trading poses, led by the country’s central bank in cooperation with other government agencies.

In November India’s finance minister Arun Jaitley said: “Recommendations are being worked at. The government’s position is clear, we don’t recognize this as legal currency as of now.” This came after the Supreme Court of India issued a notice to the nation’s central bank and related financial ministries to hasten their regulatory mechanisms with regard to bitcoin.

It is feared among the local bitcoin community that these upcoming regulations will define trading activities as illicit. However, there are also indications that they might focus instead on ICO ponzi schemes as those have been getting more heat lately.

Bitcoin trading soared in India recently with some of the country’s top exchanges Zebpay, Coinsecure, Unocoin, and Bitxoxo reporting a huge influx of new users as well as massive trade volumes. Some of the new interest in bitcoin comes from ‘high net worth’ individuals which might have pushed the tax authorities to send a signal with this latest action.

Are tax authorities around the world going to follow their U.S. IRS and Indian counterparts soon? Share your thoughts in the comments section below!

Images courtesy of Shutterstock.

Want to create your own secure cold storage bitcoin paper wallet? Check our tools section.

The post Tax Investigators Raid Bitcoin Exchanges Across India appeared first on Bitcoin News.

from Bitcoin News

Vanguard Group makes $1.15-trillion AUM bet on blockchain technology that eliminates giant daily ...

The number three thing people might know about bitcoin is that it is built on the technology known as blockchain. Maybe one in 10 RIAs could give you a Jeopardy-level answer to what blockchain is. (I put it in the article.) But only one "RIA business" company is actually completing a mission critical task ...

from Google Alert - Blockchain

Ethereum-based Blockchain Game 'CryptoKitties' is Coming to Mobile

But what the heck even is CryptoKitties? Basically, it's game of collectable, trade-able, breed-able cats, that all live as smart contracts on the Ethereum blockchain. This is an unbelievable over-simplification of the whole thing, but that's the best way to compress it into a sentence. For more details, take a ...

from Google Alert - Blockchain

You Could Have Been A Bitcoin Billionaire (And Other Myths)

Had you invested the miserly sum of $1,000 on that date, you would have received 333,333 Bitcoins. I'm sure you see where this is going. As of December 12, 2017 at precisely 8:33 am ET, Bitcoin is trading at $17,106.58. (Note my precision; wait a few seconds at Bitcoin can rise like a rocket or fold like ...

from Google Alert - Bitcoin

3 reasons to doubt bitcoin, ethereum, litecoin and other cryptocurrencies

Bitcoin's euphoric rise has spread, something like cancer, into other "alt coins," pushing up the value of ethereum and litecoin, among other cryptocurrencies. Ask the regular Joe diving into cryptocurrencies via credit cards the difference between regular bitcoin and various bitcoin "forks" like bitcoin cash, ...

from Google Alert - Bitcoin

Bitcoin Has Gone Mainstream. That's a Very Big Deal

Last week, my eighth-grader came home saying that all the boys at school were talking about bitcoin. Some might describe this vignette, and many others like it from the past few weeks, as a 2017 version of that ominous 1929 moment when shoeshine boys started giving stock tips. But whether or not ...

from Google Alert - Bitcoin