There are so many benefits to using a cryptocurrency, that it would seem foolish to neglect such an invention. For example, it allows you to send money anywhere in the world in an instant, with basically no fees involved. Everyone can be included in the financial system, it will change the way we interact with money, it can prevent fraud, and much more.
Thursday, November 30, 2017
BitcoinTV: by Cryptocurrency Market on YouTube
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BitcoinTV: by Cryptocurrency Market on YouTube
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Bitcoin 'ought to be outlawed'
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Horizons ETFs Reveals Plans for Blockchain ETF
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Bitcoin is already dwarfing some of the largest financial market bubbles of all time
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Bitcoin value crashes more than $2000 amid rollercoaster day of trading
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Bitcoin Price Declines to $9200; Factors For Another Strong Rally?
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How to buy bitcoin: A beginner's guide to getting involved in cryptocurrency and avoiding scams
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Blockchain Technology: A Primer for Government
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BitcoinTV: by Crypt0 on YouTube
👍 Thank You Very Much For Watching This Video! Don't forget to smash those LIKE & SUBSCRIBE buttons :D ►Become a Crypt0's News Patron: http://ift.tt/2vDXHXD Coinbase's Statement Following The IRS Court Battle: http://ift.tt/2ioeEoc Senate Committee Hearing (Fast Forward To 01:26:00 For Crypto Comments): http://ift.tt/2AqYmSv ECB Wants To Compete With Bitcoin: http://ift.tt/2AooWvr 🚩🚩🚩A MUST HAVE ►Ledger Nano S (Top Multi-Asset Hardware Wallet): https://goo.gl/wZUVES (Official Site) http://amzn.to/2A9jD2k (Amazon) ►Hardware Wallet Superstore (5$ Off With Promo Code "Crypt0" - Orders Of $100 Or More): https://goo.gl/ftZL3w ►Hey!! Do You Enjoy Crypt0's News? 🚩Hit the "🔔" icon, after subscribing, to get notifications as soon as I upload a new video! 🚩Subscribe To My New VLOG For More Casual Crypto Content! https://goo.gl/kJnP4C 🎉Join The Crypt0's News Group: https://goo.gl/7zxDrt 🌎Follow Us On Steemit (Decentralized Social Media Platform) https://goo.gl/YNAK2u ►💎Donate Ether and Ethereum-Based (ERC-20) Tokens: 0x97f32d97D6Ce4dee3429279F04D5b96Aba7C969B ►💎Donate Bitcoin: 17nFpuYFBxjtGbXgoMbyFGFHemkC5ayz6D ►💎Donate Bitcoin Cash: 1GPoDy749fLUfWV9aKH5Zd17ZQ94cfi81Y ►💎Donate Dash: XdhemiKBeBCzJFq3v3WNggVRTgd8S4ys9J ►💎Donate Using Paypal: https://goo.gl/7m1X4Z 📔___RECOMMENDED READING ►The Singularity Is Near: When Humans Transcend Biology- http://amzn.to/2rHXGjQ ►The Creature From Jekyll Island: http://amzn.to/2sWZLfa ►Think and Grow Rich - Napoleon Hill: http://amzn.to/2t1nHOT ►📺Introduction to Crypto Playlist: https://goo.gl/YZTwvc 💻FOLLOW US HERE: ►Instagram: https://goo.gl/tV9kZh ►Twitter: https://goo.gl/fY2W2k ►Snapchat: minamarie0012 ►Crypt0's News Official Site: https://goo.gl/mnWvPL ►Steemit: https://goo.gl/YNAK2u -~-~~-~~~-~~-~- Please watch: "Cryptocurrency- An Introduction: Featuring Elle & Crypt0! (Basics, Tips, Resources, & Much More!)" https://www.youtube.com/watch?v=h9B52U6tsvo -~-~~-~~~-~~-~-
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Bitcoin Price Analysis: A Potential Correction Could Be Coming
The market is swinging to more and more aggressive highs as bitcoin has traversed down the length of the macro, parabolic bull market. In a very rare event, bitcoin actually managed to break the upper parabolic curve and squeeze out a new all-time high in the upper $11,000s:
Figure 1: BTC-USD, 1-Day Candles, Macro Parabolic Trend
Although bitcoin broke the parabolic trend on the smaller timescales, the chart above shows that bitcoin is still being governed by the parabolic resistance — an outlier in an otherwise parabolic trend. Something very important to note about the parabolic breakout is the amount of volume on the move: It was the highest volume seen at top of a trend in the last two years — it’s continuing to increase.
Figure 2: BTC-USD, 1-Day Candles, Zoomed-in View of Macro Trend
Taking a closer look at the daily candles near the edge of the upper parabolic curve, we see a textbook reversal candle called a “Reversal Doji” (often just called “Doji”). This is a point where volume is high but overall price movement is low. Thus, supply is approximately equal to demand and it poises the market for a potential reversal. Although the current daily candle is still forming, it’s showing an increase in supply (downward price movement) and the volume is continuing to grow as the day moves on.
Figure 3: BTC-USD, 1-Week Candles, Macro Parabolic Trend
And so the story goes on the weekly candles. Sitting at the top of our 2.5 year bull market, a reversal candle is in the process of being formed. Thus, the higher timescales are indicating a balance of supply and demand and offering an opportunity to the market for a reversal. It should be noted that the current weekly candle still has a couple more days left on it and is in the process of forming. For those playing the macro markets, keep a close eye on this candle as it will give hints as to the likely direction of the market in the coming weeks/months.
On a macro scale, support lies on the linear and parabolic trendlines shown in Figure 1 and are likely to alleviate any potential downward movement in the coming days and weeks. As with any market setup or potential trend reversal, wait for confirmation of candle closes before acting and expect the unexpected.
Summary:
-
Bitcoin managed to establish another new all-time high in the upper $11,000s.
-
As of the time of this article, the parabolic envelope is providing solid resistance while the market tries to find solid support.
-
Macro time frames are beginning to show signs of supply dominating the market. Should the market continue to pull back further, support can be found on the parabolic and linear trendlines outlined in Figure 1.
Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.
The post Bitcoin Price Analysis: A Potential Correction Could Be Coming appeared first on Bitcoin Magazine.
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Ubisoft looking for mobile AR, blockchain start-ups
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Bitcoin Is a Delusion That Could Conquer the World
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Bitcoin investors beware: The IRS wants its cut and you may not know it
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PR: Spectiv VR Featured on Fox Business’ Innovations Aired to over 100mm Viewers: Pre-Ico Dec. 8th
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Showcasing Advances in Virtual Reality
DMG Productions uncovers the latest technological breakthroughs in virtual reality.
Jupiter, FL — In an upcoming episode of Innovations w/Ed Begley Jr., the award-winning producers will explore the revolutionary world of virtual reality. This is slated to air first quarter 2018 on FOX Business. Check your local listings for more information.
With the growing development of virtual reality, previously unreal possibilities have become realities. As such, many speculate virtual reality will become the next revolutionary tech boom. This segment of Innovations will focus on the technology behind Spectiv, a platform that enables users and organizations to stream their unique virtual reality experiences to the world.
The Signal Token (SIG) Protocol is designed to decentralize the buying, selling, and rewarding of attention across media platforms by removing centralized intermediaries from advertising transactions.
“Spectiv’s mission is to make the virtual reality experience for everyone through community-driven VR streaming. We feel VR is one of the most exciting technological innovations ever, but the industry is experiencing some short-term friction in adoption. Spectiv is directly addressing this challenge by integrating a decentralized advertising system that will accelerate mainstream VR adoption,” said Dylan Senter, CEO and Founder of Spectiv. “He continued to say, “we are achieving this through our Signal Token Protocol, a blockchain solution that directly connects advertisers with content publishers, viewers, and curators, and are very excited to present our vision for the future of VR on the Innovations Series.”
Spectiv will act as the first adopter for this protocol, generating real-world application data to support future adoption by other media platforms.
“The cutting-edge technology behind the SIG Protocol will change the space of virtual reality as we know it,” said Michael Devine, Senior Producer for the Innovations series. “We look forward to enlightening the public about this technology.”
Signal Token Protocol
Spectiv is the creator and first adopter of the Signal Token Protocol. This protocol decentralizes the interaction between advertisers, content publishers, viewers, and curators. Using the Signal Token Protocol, advertisers can initiate Ad Campaign Smart Contracts that autonomously reward users for driving attention to advertisements. Every ad view and click that occurs is communicated to the Ad Campaign Smart Contract, triggering a token reward disbursement. This is an open-source protocol built for any media platform to implement. Spectiv will pioneer this protocol through its own media platform, Spectiv VR. This will provide a crucial real-world foundation for other platforms to learn from and build upon.
Token Purchasing Opportunities
Signal Tokens can be purchased in our Pre-ICO December 8th 2017, with early bird bonus opportunities for qualifying participants. The sale will have a maximum expected receipt of $40 million in Signal Tokens, priced at 650 Sigs/Eth. This open sale will be hosted at www.spectivvr.com. Email subscribers will receive early access to the token sale and exclusive 60% token bonus, so make sure to sign up to our email list.
About Innovations and DMG Productions:
Innovations, hosted by award winning actor Ed Begley, Jr., is an information-based series geared toward educating the public on the latest breakthroughs in all areas of society. Featuring practical solutions and important issues facing consumers and professionals alike, Innovations focuses on cutting-edge advancements in everything from health and wellness to global business, renewable energy, and more.
DMG Productions (responsible for creating the Innovations show) includes personnel specialized in various fields from agriculture to medicine, independent films to regional news and more. Field producers work closely with experts in the field to develop stories. This powerful force enables DMG to consistently produce commercial-free, educational programming that both viewers and networks depend on.
Contact Email Address
Dylan@spectivvr.com
Supporting Link
www.spectivvr.com
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: Spectiv VR Featured on Fox Business’ Innovations Aired to over 100mm Viewers: Pre-Ico Dec. 8th appeared first on Bitcoin News.
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Court Ruling Grants the IRS Personal Data of 14,000 Coinbase Users
America’s Internal Revenue Service has gone fishing. Its target? Every single Coinbase user who ever placed a $20,000 trade. The huge dragnet exercise, spanning 2013-2015 and incorporating over 14,000 users, was awarded by a court yesterday, November 29. This is despite the best efforts of America’s largest bitcoin broker, which has fought back against what it sees as a shameless data grab and privacy violation. In a bid to save face, Coinbase has claimed a “partial victory” in its running battle with the IRS.
Also read: Nasdaq to Debut Bitcoin Futures by Mid 2018
Deep Sea Fishing on a Taxpayer Mission
There’s no such thing as a quiet day in bitcoin. The last 24 hours has witnessed record-breaking trading volume, widespread exchange outages, all-time-highs, the largest red candle ever witnessed on a BTC chart and the fastest recovery in dollar terms ever seen. Much of that drama circled around Coinbase, a broker which dominates the bitcoin market, both in the U.S. and abroad.
Whilst dealing with unprecedented demand, with traffic levels hitting 8x their peak from June, the platform – whose iOS app has surged into the top ten, passing Netflix and Spotify – has had its hands full fighting an ongoing dispute with the IRS. Coinbase has been pushing back against what it believes to be an unjustified investigation into the actions of hundreds of thousands of its users.
A Pyrrhic Victory for Coinbase
In a blogpost filed November 29, Coinbase claimed a “partial victory” over the IRS, though many commenters would be less charitable, and award the latest round to the taxman. Coinbase was nevertheless keen to stress reasons to be happy, noting:
Thanks to Coinbase’s efforts, more than 480,000 customers’ records were preserved from disclosure. This is a 97% reduction in the number of customers impacted by this summons. Second, the quantity of data we must produce for the approximately 14,000 customers who remain in scope has been significantly reduced.
In what could be interpreted as sarcasm, CEO Brian Armstrong tweeted the following:
The Coinbase case stems from tax authorities realizing there was a woefully low number of tax returns being filed that included gains due on virtual currencies, despite their soaring popularity. To atone for this reporting black hole, the IRS took it upon itself to do some digging, and by digging read: investigate the finances of half a million Coinbase customers. In defense of the exchange and its customers, cryptocurrencies, as an emerging asset class, were vaguely defined at the time, and it would be unrealistic to have expected Americans to include them in their tax returns en masse.
The latest Narrow Summons request now pertains to 14,355 account holders who bought, sold, sent, or received more than $20,000 between 2013 and 2015. The IRS filing specifies “far fewer, but still more than 10,000, Coinbase account holders.”
Gross Governmental Overreach
Yesterday, a California court ruled in the IRS’ favor, almost a year after the case was first filed. While Coinbase has tried to spin the ruling as a victory, it may prove to be a pyrrhic one that will leave the bitcoin broker licking its wounds and counting the cost. Financially Coinbase is fine, with record customer numbers, trading volume, traffic, and every other metric that constitutes a thriving business.
The greatest loss the company faces however is one of trust. Despite Coinbase struggling valiantly against the IRS, it will now be forced to hand over a swathe of customer data. Had a similar request been granted spanning the present day, it would have effectively included every single customer who ever bought or sold more than 2 BTC at a time. Despite being accused of gross overreach, the IRS has remained undaunted. The court ruling sends out a clear warning to U.S. customers: buy or sell even moderate quantities of cryptocurrency, and the authorities will be watching.
Do you think the IRS has any right to demand the details of thousands of Coinbase customers? Let us know in the comments section below.
Images courtesy of Shutterstock.
Need to calculate your bitcoin holdings? Check our tools section.
The post Court Ruling Grants the IRS Personal Data of 14,000 Coinbase Users appeared first on Bitcoin News.
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BitcoinTV by World Crypto Network on YouTube
Donate Bitcoin: 1NX6ijFGErktMGNYUHayD5iHDcZSFHdAwe Be a Patreon: http://ift.tt/2pyyM8u Listen to WCN Audio Podcasts: http://ift.tt/2zjirWG Check out the brand new http://ift.tt/1kez5IZ $9,246.52USD / BTC | Winkdex http://winkdex.com/ http://ift.tt/1oi6ENn Nasdaq Plans to Introduce Bitcoin Futures - Bloomberg http://ift.tt/2jxa5V0 Bitcoin slides amid rollercoaster ride - BBC News http://ift.tt/2AoD4Vz Tuur Demeester on Twitter: "WSJ front page this morning. I like the comparison of BTC market cap to USD cash in circulation. https://t.co/q1Lh9OvVGx" https://twitter.com/TuurDemeester/status/936240423017775104 Mad Bitcoins on Twitter: "Today’s @PhillyD show opened with #bitcoin. Reminded me of a MadBitcoins episode. Exciting! https://t.co/RUeqCrBRgf #10K" https://twitter.com/MadBitcoins/status/936102158650322944 Jade Rose {#HODL} on Twitter: "@WorldCryptoNet I'm so grateful for the platform you created 4 our #bitcoincommunity" https://twitter.com/sunabovemoon/status/936083825607798784 CO฿IE IS RETIRED on Twitter: "Satoshi just moved his Bitcoin Cash 😱😱😱 Block explorer: https://t.co/fi9OObc0RU Looks like the address is owned by BitFinex! https://t.co/4AUZBhOPV3" https://twitter.com/CryptoCobain/status/935963608449736704 Mad Bitcoins on Twitter: "It’s time for everyone to join @alansilbert ‘s quiet campaign asking @coinbase and @bitpay when they will adopt #Segwit #Bitcoin. Be louder. https://t.co/J5YN2YKNNj" https://twitter.com/MadBitcoins/status/936256777141624833 Alan Silbert on Twitter: ".@brian_armstrong @spair https://t.co/8jd9U8lYEt" https://twitter.com/alansilbert/status/936254932520448000 Adam Back on Twitter: "@alansilbert @brian_armstrong @spair I'm noticing an odd comparison: segwit is a simple and safe upgrade and yet they are "no ready", yet 2x was an incompatible and complex to s… https://t.co/o7kiXrEU42" https://twitter.com/adam3us/status/936267375938174976 Mad Bitcoins on Twitter: "@Emmonspired @SlackHQ Dood you should DM me your email and we could add both you and your emoji to @WorldCryptoNet @SlackHQ! Anyone can join. =[8-)" https://twitter.com/MadBitcoins/status/936265678029336577 Follow WCN on Twitter: https://twitter.com/WorldCryptoNet
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BitcoinTV: by BitcoinMeister on YouTube
What a wild 24 hours in Bitcoin. This is why I preach strong hand. I told you there would be $1000+ drop days in our future. There will be more. It does not bother me at all BitFlyer has been approved and it will soon open up a Bitcoin exchange in the USA! This could be huge news for Ethereum Classic. Yay for competition! Dash is straight up challenging Ethereum. Coinbase is doing exactly what a logical person knew it would do. Dash- http://ift.tt/2iLZANM https://twitter.com/lightningasic/status/936166616294768640 irs coinbase- http://ift.tt/2Ao4VVJ Tulips- https://twitter.com/Ferdinando1970/status/935888756455936000 IN USA approved! BitFlyer- https://twitter.com/TuurDemeester/status/935927671669841921 Bcash- https://twitter.com/woodmanyourmom/status/936226014455386112 WSJ- https://twitter.com/TuurDemeester/status/936240423017775104 Wednesday's show- https://www.youtube.com/watch?v=bjQM97rzXU4 Tuesday's show- https://www.youtube.com/watch?v=jdDmGfq_8Rk Monday's show- https://www.youtube.com/watch?v=KFS8LAWzUjg Sunday's show- https://www.youtube.com/watch?v=jc2PJcgUfjc Saturday Night's show- https://www.youtube.com/watch?v=lstTR1N3QFo This Week in Bitcoin- https://www.youtube.com/watch?v=XDAB_FxA4m8 WCN Podcast- http://ift.tt/2Ab0yxo Bitcoin people you need to know- https://www.youtube.com/watch?v=YuWlWnJqHn4 Birth of the Crypto-dividend- https://www.youtube.com/watch?v=rg86clOEd3A Email the Disrupt Meister intern- clark@disruptmeister.com and tell us why you want to be an intern! -------------------------------------------------------------------------------------- CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 "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! http://ift.tt/2wQKAm7 UPVOTE THIS- http://ift.tt/2AbsErT Buy your Bitcoin Trezor storage device here: http://ift.tt/2l8wT08 Buy Bitcoin at Coinbase here: http://ift.tt/2frK5re CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 Adam's Twitter- https://twitter.com/TechBalt Adam's Minds- http://ift.tt/2r6vSJk 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 I ACCEPT EVERY ALTCOIN! This video explains what to do to get me to list, talk about, and create a payment address for your favorite Altcoin: https://www.youtube.com/watch?v=VD9GOslS4zg Very Important Bitcoin and Altcoin storage video you need to watch- https://www.youtube.com/watch?v=aulSblKDeIU My latest Steemit post: http://ift.tt/2BjJodv My Steemit page: http://ift.tt/2eAQkeJ https://www.youtube.com/c/BitcoinMeister http://ift.tt/2fIBPWR Value of every cryptocurrency- http://ift.tt/1oKjfXP Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp 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: http://ift.tt/2zPV8aW
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Central Bank Round-Up: Brazil & New Zealand Issue Statements, Cryptos are Assets or Securities in Canada
During November, several central banks addressed bitcoin and cryptocurrencies. New Zealand’s central bank has issued a statement seeking to educate citizens of the fundamentals underpinning cryptocurrencies, as well as the implications of such on monetary policy. The senior deputy governor of the Bank of Canada has stated that cryptocurrencies comprise assets or securities, rather than currencies. Brazil’s central bank also addressed cryptocurrencies during November, issuing a warning to investors.
Also Read: 1 Million Yen, 100 Million INR – Bitcoin Sets New Price Milestones on International Markets
Reserve Bank of New Zealand Does Not Believe Cryptocurrencies Pose Existential Threat to Mainstream Financial Institutions
The Reserve Bank of New Zealand (RBNZ) has published a paper on cryptocurrencies titled “Crypto-currencies – An introduction to not-so-funny moneys.” The 44-page document seeks to “increase public understanding these technologies, highlight some of the risks involved in using crypto-currencies, and discuss some of the potential implications of these technologies for consumers, financial systems, monetary policy, and financial regulation.” The document also details the fundamental underpinnings and history of cryptocurrency, and provides definitions for terminologies relevant to the industry.
The document states that “Crypto-currencies expand the mechanisms by which people can transact with each other, strengthening competitive pressures on payment systems providers.” Despite such, the RBNZ states that due to the “relatively small volume of transactions” conducted using cryptocurrencies, “These new payment mechanisms are unlikely to completely supplant traditional payment systems.” The document also emphasizes the “incompatab[ility] of “the (pseudo) anonymity… of crypto-currency” with credit issuance – concluding that such prevents cryptocurrencies from posing a threat to many functions of traditional financial institutions.
Canada Views Cryptocurrencies as Assets or Securities, Not Currency
Earlier this month, Bank of Canada’s senior deputy governor, Carolyn Wilkins, stated that “so-called cryptocurrencies actually aren’t currencies at all, they’re not money.” Speaking with Bloomberg, Mrs. Wilkins stated “If you look at standard monetary theory… this is really an asset, or a security. And so it should be treated that way, and in fact, that’s the way it’s treated in Canada.”
When asked specifically of ICO’s Mrs. Wilkins stated “I’m not a securities regulator, and it’s not the Bank of Canada’s role to comment on any specific ICO, but… these look more like securities to me than a currency and they should be regulated as such.”
Mrs. Wilkins also expressed enthusiasm for blockchain technology, adding “What is promising… is… the distributed ledger technology that underpins it, because it provides the opportunities to create efficiencies in financial markets and other places that could actually be beneficial to market participants, businesses, and households.”
The Banco Central Do Brazil Issues “Alert on [the] Risks Arising From Custody and Trading Operations of So-Called Virtual Currencies”
The warning emphasizes the lack of protections afforded to investors choosing to trade cryptocurrencies, stating that virtual currencies “are not issued or guaranteed by any monetary authority.” Brazil’s central bank states that “the purchase and safekeeping of virtual currencies” exposes investors to “imponderable risks, including… the possibility of loss of all capital invested.”
Despite the dire tone of the warning, the document states that “the need to regulate [cryptocurrencies] has not been identified to date by international organizations”, adding that “In Brazil, for the time being, no significant risks are observed for the National Financial System.”
What do you make of the central banks’ statements regarding crypto? Share your thoughts in the comments section below!
Images courtesy of Shutterstock, Bank of Canada
Want to create your own secure cold storage paper wallet? Check our tools section.
The post Central Bank Round-Up: Brazil & New Zealand Issue Statements, Cryptos are Assets or Securities in Canada appeared first on Bitcoin News.
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Want to implement Blockchain? Here's everything you need to know
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Tieto establishes blockchain business solutions unit
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PR: Bcshop.Io Implements Bancor Protocol to Provide Bcs Tokens with Decentralized Liquidity
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
BCShop.io is happy to announce that it will integrate the Bancor Protocol into its project to enable all users to convert BCS tokens directly on-chain. This means that no centralized exchanges need be involved, liquidity is available at any given time and very low fees are applied if at all.
According to BCShop.io Founder Vladlen Manshin, “The Bancor protocol integration enables great versatility for BCS token holders in their choice to buy, sell, or exchange tokens for ETH, BNT, or any other token in the newborn ecosystem. The BCShop.io team is proud to be among the first to implement a truly decentralized liquidity.”
Bancor gathers different project tokens into a single network where each project maintains a balance in its smart contract in order to use the BTN (Bancor Network Token) as a “Connector.” Tokens can be bought or sold with the use of BNT, ETH, or any other token in the network at a continuously calculated price based on the Bancor formula, which balances the buy and sell volumes.
Users can discover new projects which have already joined the network by browsing the Web App’s discovery page: https://goo.gl/AdZ335. The Bancor-compliant BCS Token Relay will be launched in the week following the successful completion of the Token Sale.
The integration of the Bancor Protocol into the BCShop.io project provides BCS token holders the following advantages when converting their tokens:
• No Spread – With Bancor’s non-profit automated market maker, BCS token holders can buy and sell their tokens at the exact same price.
• No Registration Required – Users can convert an Ethereum token to another type of token directly on-chain with the use of their Web3 compatible wallet.
• Continuous Liquidity – Users can convert any token (including ETH) in the network at any time regardless of the buyers and sellers and trade volume.
• Predictable Price Slippage – The Bancor Formula ensures price transparency by incorporating the transaction size and needs into the order book.
• No Counterparty Risk – The conversion of tokens comes with no risk, as they can be converted directly with a smart contract.
• Backward Compatible – Any existing ERC20 token can integrate into the Bancor Network with no code changes or fees.
After the BCShop.io token sale’s completion on January 31, 2018, 2% of all issued BCS tokens will be allocated to the BNT connector in order to enable conversions at any time via the Bancor network.
About BCShop.io: The BCShop.io project aims to reinvent the way digital commerce works today. It aims to enhance e-commerce with the fast-growing opportunities in blockchain technologies and cryptocurrencies.
The BCS Token Presale is currently ongoing, and applications are accepted at https://bcshop.io/. Early contributors receive a 50% bonus.
About Bancor: Bancor Protocol™ is a standard for the creation of Smart Tokens™, cryptocurrencies with direct built-in convertibility through smart contracts. It utilizes an innovative token “Connector” method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. For more information, visit their website at http://ift.tt/2oSNln9.
Contact Email Address
32mve32@gmail.com
Supporting Link
https://bcshop.io/
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: Bcshop.Io Implements Bancor Protocol to Provide Bcs Tokens with Decentralized Liquidity appeared first on Bitcoin News.
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Wednesday, November 29, 2017
Why It's 1994 In Cryptocurrency
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BitcoinTV: by BitcoinMeister on YouTube
It feels like we are in a new Bitcoin realm. Going up by the 100's is so passe. :) People are still confusing Bcash with BTC. People from all over the world are sending me BTC stories. The Bplatinum crypto-dividend appears to be real now (it is not the same as the original reddit thread). Bdiamond gives an update. Much more to cover in this episode! Bplatinum looks real this time- https://twitter.com/BTCPLT All BTC forks- http://ift.tt/2hCmEhf India- https://twitter.com/kadhirvelavan/status/935792078793015297 Bclash- https://twitter.com/BitcoinClashic/status/935360791515226112 Burma- https://twitter.com/BitcoinBudgie/status/935834331552952321 Bcash forks- https://twitter.com/TuurDemeester/status/935887570784915457 Bdiamond- https://twitter.com/BitcoinDiamond_/status/935811476475977729 Bcash confusion- https://twitter.com/MrChrisEllis/status/935615786311471105 Bill Still- https://www.youtube.com/watch?v=ubgK_K3LUJo Tuesday's show- https://www.youtube.com/watch?v=jdDmGfq_8Rk Monday's show- https://www.youtube.com/watch?v=KFS8LAWzUjg Sunday's show- https://www.youtube.com/watch?v=jc2PJcgUfjc Saturday Night's show- https://www.youtube.com/watch?v=lstTR1N3QFo This Week in Bitcoin- https://www.youtube.com/watch?v=XDAB_FxA4m8 Thursday's show- https://www.youtube.com/watch?v=kRVwTus3_90 WCN Podcast- http://ift.tt/2Ab0yxo Bitcoin people you need to know- https://www.youtube.com/watch?v=YuWlWnJqHn4 Birth of the Crypto-dividend- https://www.youtube.com/watch?v=rg86clOEd3A Email the Disrupt Meister intern- clark@disruptmeister.com and tell us why you want to be an intern! -------------------------------------------------------------------------------------- CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 "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! http://ift.tt/2wQKAm7 UPVOTE THIS- http://ift.tt/2AbsErT Buy your Bitcoin Trezor storage device here: http://ift.tt/2l8wT08 Buy Bitcoin at Coinbase here: http://ift.tt/2frK5re CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 Adam's Twitter- https://twitter.com/TechBalt Adam's Minds- http://ift.tt/2r6vSJk 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 I ACCEPT EVERY ALTCOIN! This video explains what to do to get me to list, talk about, and create a payment address for your favorite Altcoin: https://www.youtube.com/watch?v=VD9GOslS4zg Very Important Bitcoin and Altcoin storage video you need to watch- https://www.youtube.com/watch?v=aulSblKDeIU My latest Steemit post: http://ift.tt/2BjJodv My Steemit page: http://ift.tt/2eAQkeJ https://www.youtube.com/c/BitcoinMeister http://ift.tt/2fIBPWR Value of every cryptocurrency- http://ift.tt/1oKjfXP Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp 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: http://ift.tt/2zPV8aW
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