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I have been reflecting a lot about the peer to peer money for the world movement. One thing that really strikes out to me is that many of these heroes are mostly ordinary folks, doing extraordinary things above and beyond, changing the world one step at a time. As the saying goes, extraordinary people are just ordinary people doing extraordinary things. And this article is dedicated to each and every single one of you, whose names I may not know, but whose purpose binds us together. Life is short and I think it is not so much what you have in life, but what you left behind in life that impacts others in a positive way, is more valuable and everlasting. In some religions, this is what is known as enlightenment. In fact, you probably won’t recall as much the millionaires of the past century but you might know the names of people like Martin Luther King, Mother Teresa, Nelson Mandela, Rosa Parks, etc. They may be gone but their legacy lives on forever. And I think that is true of your work in some ways. For that, you have my respect. For the folks working in the background pushing adoption and growing the Bitcoin Cash ecosystem, I am sure that I am not the only one who has been privately inspired by your actions, so please keep up the good work. Know that revolutionary movements that are worth doing seldom comes easy, but just like Martin Luther King, it has to start with someone with a dream. And this article is dedicated to you, whose dreams may be the same as mine, a world where ordinary people are in control of their own financial sovereignty, with freedom and liberty, where wars are a thing of the past (because governments can no longer fund wars through printing money), where corrupted governments no longer suppress their citizens like what they did in Venezuela, where the world is so much better off for billions of born and unborn children. This article is an ode to you, Bitcoin Cash supporters, because you inspires me. Thanks for making a difference and thanks for doing what you are doing, even if your efforts may at times been overlooked and underappreciated. This is my ode to you. Source: https://localbitcoincash.org/news/30/An_Ode_To_You,_Bitcoin_Cash_Supporters,_Heroically_Growing_The_Peer_To_Peer_Cash_For_The_World_Movement._Huge_Massive_Respects!
Hey Cryptonauts ! Thanks for joining me. Today we are going to be talking about how to securely store your bitcoin. As we all know, it can be quite a challenge to manage several different accounts, passwords. But when it comes to cryptocurrency never has it been more important than now to document and keep records of this kind of information. As I’m sure you have all heard, there are people who have been unable to access large sums of cryptocurrency because they do not have their seed words, or otherwise known as “private keys.” What is a private key ? A private key is; is really just like it sounds. A key, but instead of being for a door - it’s for information…  So lets say you have a bitcoin wallet; and someone wants to send you some bitcoin, how do they do that? You provide them you “public key” or bitcoin deposit address. It’s safe to share your public key with anyone, because the only thing they could ever do with it is send you more Bitcoin! It’s not safe to share your private key with ANYONE. EVER. FOR ANY REASON. In crypto, private keys are powerful. In theory you could memorize your seed words and travel anywhere in the world, without getting harassed by airport security, or having to report any assets because technically you aren’t ‘taking’ any with you. I’m not saying don’t follow the laws, you should. But crypto changes the way we think about money, ownership, and security. With Bitcoin, and cryptocurrency if you control your private keys NO ONE can ever do anything to take your magic internet money away from you. You control your keys, you control your Bitcoin. Just something to think about – Do you know what happens to your money when you put it in a bank? Really? So if you have your cryptocurrency on an online exchange consider moving it to a more secure location such as a ledger Nano S hardware wallet. It’s one of the more popular solutions. There’s also the ledger Blue which I personally use and recommend. Another popular one is the Trezor hardware wallet.  These devices store your private keys in the most secure fashion and cannot be hacked due to the way the keep your private keys in "cold storage" or offline. Don’t get me wrong it’s okay to keep small amounts on the exchange, for trading purposes or what have you but if you keep a whole bitcoin there you’re asking for trouble. Thanks for reading and stay cryptic !
Un Geek en la cárcel es la historia del pionero de Bitcoin, Charlie Shrem donde cuenta su experiencia de pasar de ser una fuerza promotora de la adopción de Bitcoin mucho antes de que el mundo oyera hablar de criptomonedas a su temporada de 15 meses en una prisión federal por vender a la gente equivocada. En su entusiasmo por correr la voz sobre Bitcoin, Charlie se vio en problemas con la ley y reconoce que cometió la falta. Desde entonces fundó Crypto.IQ, una firma educativa y de inversión. El 30 de marzo de 2015, me entregué al Campamento de Prisiones Federales de Lewisburg (Pensilvania) después de que fui sentenciado a dos años de prisión por ayudar e instigar a un negocio de transmisión de dinero sin licencia, del cual era culpable. En mi caso, lo único que podía hacer para prepararme era abrazar la idea de que, en un futuro próximo yo no estaría disponible. Pero era optimista porque la única forma de superarlo es abrazar la idea completamente y asumirla. Y es lo hice. He temido escribir esta publicación en el blog, y desde que la escribí, ha estado en borrador durante algunas semanas. Sin embargo, es momento de que lo haga. El 30 de marzo, me entregaré al campo de prisioneros federales de Lewisburg en Pensilvania. Ha sido una pelea larga y dura, desde ser arrestado en el aeropuerto JFK mientras aterrizaba, hasta el confinamiento solitario y estar bajo arresto domiciliario durante los últimos 14 meses. Cuando el gobierno me acusó y solicitó 30 años, mantuve la cabeza en alto con la ayuda de amigos, familiares y la comunidad Bitcoin. Mientras algunos se distanciaron, la mayoría se mantuvo firme y luchó. Le debo mi vida a esas personas. Por supuesto que no busco simpatía. Cometí un crimen y cumpliré mi sentencia. Dicen que aquellos que te apoyan en los malos tiempos merecen estar contigo en los buenos tiempos. Se avecinan buenos tiempos, y estoy deseando que lleguen pronto. Optimismo No importaba lo triste que me sentía, tenía que mantener una actitud positiva con la cabeza en alto, porque si llegaba a caer en una espiral de autocompasión y depresión, no podría salir. Así que comencé a tomar notas de otras personas que habían estado en Lewisburg para averiguar todo lo posible para prepararme para esta experiencia. - Mantén los libros/ periodicos en menos de 13 oz (370 gramos). Mantenlos en 4 por paquete. - Compra la suscripción con entrega al USA Today. Se entrega directamente. - Siempre utiliza Amazon para comprar libros. - Lleva contigo una lista de personas con las que puedas comunicarte: Nombre / Dirección postal / Dirección de correo electrónico / Número de teléfono. - Comprende que tienes 300 minutos mensuales maximo para usar el teléfono. En noviembre y Diciembre son 400 minutos. - El servicio de correo electrónico y el teléfono, están mucho más ocupados después de la cena. - Consigue un reloj. - $360 (USD) al mes es lo máximo que puedes gastar en la tienda de la prisión, sin incluir el teléfono y el correo electrónico. - Compra zapatos deportivos. - Intenta conseguir un trabajo educativo, enseñando a otros reclusos. - Nunca apuestes. - Llega a las 8:45 a.m. Luego completa la búsqueda de objetos desnudo, consigue ropa temporal, realiza el examen médico, firma los formularios y busca a un consejero. - Consigue la aplicación Corrlinks app para iPhone, se convierte en algo como mensajería instantánea. Puedes imprimir correos electrónicos. - Escribe cartas a mano. - Mantente optimista. Pero, ¿cómo sería la prisión? ¿En qué iba a consistir mi día a día desde que me despierte hasta que me vaya a dormir? Nadie podría responder estas preguntas, excepto yo mismo. Necesitaba aceptar que iba a estar en la cárcel e iba a usar ese tiempo sabiamente. Había mucho que hacer. ¿Qué hago con mi cuenta de correo electrónico? ¿Cómo aseguro mi monedero Bitcoin? ¿Cómo conservo mi número de teléfono? ¿Cómo mantendré la relación con mi familia? Todas estas preguntas me ardían en la cabeza y no pude encontrar nada en online que me ayudara. El 19 de diciembre de 2014, me levanté frente al juez y dije: "Bitcoin es lo que amo y todo lo que tengo. Es toda mi vida. Es mi misión en la tierra, la cual es ayudar al mundo a ver un sistema financiero que no discrimine y prevenga la corrupción, y creo que Bitcoin hará con el dinero lo que el correo electrónico le hizo al servicio postal. Permitió que todos sean iguales. La gente en África, Medio Oriente, Asia, tendrá las mismas oportunidades ahora con Bitcoin, y debido a Bitcoin, porque puedes mover dinero e información instantáneamente y en un sistema de igual a igual. Y creo que eso es realmente importante. Y si tu señoría me lo concede, me encantaría estar allá afuera, ayudando al mundo y asegurándome de que la gente no haga cosas estúpidas como yo lo hice". En una carta al juez unos días antes, mi abogado escribió: "Si los griegos conocieran las criptomonedas y ciertos vecindarios provinciales de Brooklyn, podría haber escrito una tragedia sobre un chico que, a través de la pasión dionisíaca y un poco de arrogancia, ayudó a nutrir una nueva idea —Bitcoin— al mundo y que podría cambiar cómo el mundo entero, puede transmitir valor de una persona a otra". Esta nueva idea tomaría al niño de barrio. Este niño se vería a sí mismo como un guardián casi sagrado de esta nueva idea, con la gran responsabilidad de sacarla de la oscuridad y llevarla a la luz de la aceptación generalizada. Sin embargo, en el caos de desarrollar la nueva idea, dejaría caer su guardia y permitiría que las fuerzas oscuras la ensombrecieron. Él sería el culpable. Sería visto no como su protector, sino como su destructor, el destructor de una cosa, la idea que más amaba. Sería enviado de regreso a su vecindario provincial y, durante un tiempo, viviría en los sótanos de sus padres, mientras soñaba con el momento en que podría volver a su tarea de toda la vida de ayudar, de ser uno de tantos, a traer esta nueva idea a la luz. El resto de la historia aún esta por escribirse. Sin embargo, como el destino lo marcaría, me dirigía a la cárcel. La sala del tribunal se despejó, mientras yo retrocedía para asimilarlo todo. Poniendo todos los factores sobre la mesa, así como todos los demás hechos bajo la Sección 3553 (a), que la Corte había considerado, en la ecuación. El Tribunal consideró que la sentencia apropiada es de dos años. En consecuencia, el acusado será sentenciado a dos años de prisión, 24 meses. Dos años en una prisión federal. En este punto, yo había estado bajo arresto domiciliario por unos 18 meses, y pensé que obtendría libertad condicional o tal vez otro año de arresto domiciliario, ¿pero dos años? El New York Times escribió: Antes de la audiencia del jueves en la corte federal de Nueva York en el centro de Manhattan, el Sr. Shrem, vestido con jeans y una chaqueta oscura, estaba sentado solo en un banco fuera de la sala 14B, con la pierna derecha cruzada sobre la izquierda mientras leía un libro. Parecía tranquilo, apenas un poco inquieto una vez que ingresó a la sala del tribunal. Conocido por su carisma, era más bien estoico, su voz era firme. Mirando hacia atrás, este día, 19 de diciembre de 2014, fue uno de los días más importantes de mi vida e incluso uno de los más felices. ¿Por qué? Finalmente hubo luz al final del túnel. Estaba enfrentando 30 años y me fui a dormir todas las noches desde mi arresto domiciliario pensando que pasaría el resto de mi vida adulta en prisión. Cuando el juez dijo dos años, suspiré de alivio. Después de un buen comportamiento, sería tan solo poco más de un año. Puedo hacerlo, creo Fue acordado. Tendría 90 días para ordenar mi vida y prepararme para entregarme el 30 de marzo. En este momento, Courtney y yo vivíamos en la ciudad de Nueva York, disfrutando de cosas que no podría hacer una vez que estuviese en la cárcel. Pasamos los días y las noches viviendo como si fuera el último. Continué siendo parte de la comunidad de Bitcoin, participé en conferencias y consultas para diferentes compañías pasando el tiempo hasta mi inminente encarcelamiento. Dos meses después, era el 1 de marzo, y no estaba listo. Había estado viviendo la vida como si no pasara nada, y como si no fuera a ir a la cárcel. ¿Cómo te preparas mentalmente para eso? No es posible. Te preparas físicamente, conduces hasta la prisión y entras. Entonces eso es lo que hice. Llame a la compañía de mudanzas y empaqué mi vida en cajas. Cancele mi contrato de arrendamiento, suspendí mi número de teléfono celular, agregue múltiples factores de seguridad a mis cuentas de correo electrónico, cuentas de Bitcoin, y recé a Dios que un hacker no ingresara a ninguna de mis cuentas mientras yo estaba "fuera". - Teléfono móvil: llamé a Verizon y mi número de teléfono fue suspendido. Necesitaba mantener mi número y muchas compañías de teléfonos móviles te permiten pagar $10 USD por mes para mantener la línea en estado suspendido. - Gmail: me aseguré de que el factor de doble verificación funcionara y le di códigos de respaldo a mis seres queridos. Era importante asegurarse de tener suficiente espacio de almacenamiento para cubrir el correo electrónico de un año. Tuve que pagar a Google $10 USD al mes por almacenamiento adicional en mis varias cuentas de correo electrónico. - Monedero de Bitcoin: sin decir mucho, tuve que asegurar varios monederos. Incluso configuré monederos honeypot suponiendo que alguien intentaría entrar (Spoiler, alguien lo intentó). - Cosas físicas: en nuestro departamento, se alquilaron los muebles, por lo que programar una recolección fue fácil. Tuvimos un camión un día antes y recogimos el resto de nuestras cosas. - Cuentas bancarias: hablé con mi banco y les hice saber mi situación. En ese momento, trabajaba para la Internet Archive Credit Union y era un buen amigo de su staff. Entendieron perfectamente y suspendieron cualquier transferencia dentro o fuera de mi cuenta. Poder notarial: muy importante antes de ir a prisión o incluso una cirugía. Haz que alguien pueda tomar decisiones en tu nombre. 30 de marzo, 5:30 a.m. Hacía mucho frío en la ciudad de Nueva York. Todos nos acomodamos en el automóvil y fuimos a Lewisburg, Pennsylvania. Después de un desayuno rápido en Panera, que sería mi último como hombre libre, fuimos a la prisión. Mi despedida a Courtney fue rápida. Le dije que la amaba y que la vería en la primera visita. No lloré, aunque quería hacerlo. Necesitaba ser fuerte. Atravesé esas puertas y no miré hacia atrás. Pasarían 13 meses antes de que volviera a cruzar esas puertas otra vez. …Próxima publicación: Día de la prisión 1 Charlie Esta es una traducción al español del texto en inglés publicado por Charlie Shrem en A Geek in Prison — A Life Series by Charlie Shrem (Part 1) Donaciones PIVX: DQ4qe1ZaL7sx9J4DTYxgzvaNFAHSW81sM4 BTC: 3DQWUPcG32Vtt4javYGEuNmPwo5cdPFLKh BCH: qp6a9k73mydhvhykpsmgy5n4hplmruml9y0hkd0fwh DASH: XuS6sf5eP24gMLqqp91W3gVRBmBsMPXDxb ETH: 0x7e0A3cC5e33f0392D504F3b0453e585f5b84e405 LTC: LR69WA64JS7SecZzVQZkCzZcsfUokXnoiU SMART: Sa2TdEcohw5seps98v4WsB4hDqSQfwqKHf ZEN: znjFgSgcHhTw9r4JmR3cyLqFnB9FrVkVtyc
El pasado jueves, los Bitcuners invitaron a toda la cripto-comunidad de Cancún al Jueves de Criptomonedas donde todos los jueves hablamos de Bitcoin, Altcoins y Blockchain, les decimos cómo mantenerte alejado de los multiniveles y estafas piramidales y como participar en la criptoeconomía y la era del dinero digital. Invitando a la comunidad a todas a acompañanos, preguntar y aprender. Nuestra pasada reunión fue patrocinada por $PAC, acrónimo en inglés de "People’s Alternative Choice". El principal objetivo de $PAC es convertirse en el criptomoneda más eficiente y fácil de usar que está disponible a nivel mundial. Ven y únete a nuestra misión de construir la más grande del mundo de la red digital de pago. PAC (People’s Alternative Choice) una nueva forma de dinero del Internet. Las cuatro C's: Choice (Elección) - Content (Contenido) - Charity (Caridad) - Community (Comunidad), conoce más sobre $PAC coin en su pagina web https://paccoin.net Descubre más acerca de los Bitcuners en nuestra página web Únete a la conversación en Discord Únete a la conversación en el Telegram Síguenos en Twitter Síguenos en Facebook Síguenos en Instagram Suscribete a nuestro canal oficial de YouTube ¡A toda la comunidad Bitcuner, sientan libertad de hacer RESTEEM a este artículo! Sigamos difundiendo la palabra de nuestro salvador Satoshi Nakamoto ¡Piensa en Cripto! Donaciones: PAC: PNiLFTk7kDqVhHJe7ZKzA1Y1n4q83rTf6A PIVX: DQ4qe1ZaL7sx9J4DTYxgzvaNFAHSW81sM4 BTC: 3DQWUPcG32Vtt4javYGEuNmPwo5cdPFLKh BCH: qp6a9k73mydhvhykpsmgy5n4hplmruml9y0hkd0fwh DASH: XuS6sf5eP24gMLqqp91W3gVRBmBsMPXDxb ETH: 0x7e0A3cC5e33f0392D504F3b0453e585f5b84e405 LTC: LR69WA64JS7SecZzVQZkCzZcsfUokXnoiU SMART: Sa2TdEcohw5seps98v4WsB4hDqSQfwqKHf ZEN: znjFgSgcHhTw9r4JmR3cyLqFnB9FrVkVtyc
https://youtu.be/sCxUq9_9820 Reddit sucks. It's supposed to be a place for online communities to curate a feed of user submitted content, and also curate the discussion of that content. The mechanism by which that curation occurs is the upvote-downvote system where, if you have an account on reddit and you see a post that you think is relevant and useful to the community (and so deserves to be higher up in the feed), you upvote it, and if you think the opposite then you downvote it. The same goes for comments on that content, which are arranged in a tree structure with highest upvoted replies at the top of each collapsible branch. This curation system might seem like a pretty good idea until you realize that it's easy to make multiple accounts on a site like reddit, and then manipulate both the voting system and the discussions in the comments themselves. Because it's going to be in some people's self-interest to manipulate the system by either upvoting content to the top that doesn't belong there or preventing content that does belong at the top from getting there, you can be 100% sure that it's happening. Assholes with nothing better to do are doing it, companies that want free advertising are doing it, and governments that want to sway public opinion and suppress dissent are definitely doing it. The root of the problem, however, is arguably not that there are bad people who want to manipulate others. That's more so a given of the human condition. The problem is that we are operating within a system in which the cost of performing that manipulation is worth the benefit to the manipulator. If it were impractically difficult or expensive to manipulate the system, people either wouldn't do it, or would try and fail. I believe that the friction-less, worldwide, low-fee nature of Peer to Peer electronic cash has the potential to catalyze a revolution in online social networking, leading to systems in which manipulating online interactions for personal gain becomes much less viable. The foundation of such a system, and the part which requires a low fee, worldwide payment system, is micropayment upvoting and downvoting. If, on a site like reddit, it were to cost half a cent to upvote or downvote a post, most users would be unaffected, doing small enough amounts of upvoting or downvoting that the cost is negligible. A company or government running a large scale astroturfing campaign, however, would have a much higher burn rate, needing to consistently, repeatedly out-vote hundreds, thousands, or even millions of individual users. While a paid voting system will cost manipulators significant amounts of money, it might also discourage regular users from voting, in spite of the negligible cost. Distributing the vote-payments to previous voters, similar to yours.org and honest.cash, provides users with the incentive to vote (potentially making them a profit on popular posts). Also, as long as all vote payments are distributed to all previous voters, regardless of whether those votes were upvotes or downvotes, such a system distributes a well-funded vote manipulator’s funds to the actual members of the community, and puts the incentives in the right place for downvoters: they still get paid from later voters, but they are making the post less likely to be seen by downvoting it. Of course, it’s entirely possible that some especially well-funded manipulator will still be willing and able to out-fund the general voting public, especially if their entire profit model is put at risk by the healthy function of an online forum. In order to combat these well-funded meddlers, what I think is needed is a user-specific vote weight system, like is described in an article of mine on honest.cash, linked in the description. The basic idea, though, is for the vote system to weigh votes from users with whom you’ve have coinciding votes in the past more highly than those with whom you’ve haven’t, or have had contradictory voting history. Such a system (with some subtle tweaks and extensions) would cost even more money to subvert, potentially infinitely more, depending on the calibration of the vote weighing. Finally, to make sure that there are no central points of failure, the community/topic differentiation should be 100% tag based. Any time a user posts, they’ll tag their post as being relevant to any number of topics and, when one votes for or against the post, they will be actually voting for or against a given tag on that post, and will have the opportunity to vote on all other tags associated with the post. For example, say you search the site for the tag #BitcoinCash and one of the results at the top of that tag’s feed is a post about bch that’s tagged both #Bitcoin #BitcoinCash. You could then upvote the post’s #BitcoinCash tag if you think it’s a good post, and also its #Bitcoin tag if you think it’s relevant to people searching for the tag #Bitcoin. If others upvote it on both tags, you’ll make money on having voted for both tags. If the #Bitcoin tag ends up being controversial, you’ll still make money from the downvotes it got from you helping it get higher in the first place! A tag-based system like that would be much lower maintenance than Reddit’s current moderation based subreddit system, and would be invulnerable to manipulation via squatting of moderation positions for popular topics, since there are no topic specific moderation positions. That tag-based system, in combination with the user-specific vote weight system, could lead to communities developing naturally and organically not as subsections of the website, but instead via users using of more and more specific tags to hone in on posts that interest them, and then their votes connecting them to other users who vote in agreement. While I think that a social network with all those features would totally kick ass, I unfortunately do not have the skills, nor the funds to make it a reality. If you also think it would kick ass, please let me know if you’d be interested in adding to a bounty for its development. If there’s enough support, maybe we can make it happen.
https://youtu.be/AIMlzia3rUU?t=9
Back in 2014, a group led by a woman named Ruja Ignatova created a Ponzi scheme called Onecoin which, together with the organization Onelife, defrauded billions from 3 million people. At peak popularity, the group declared that Onecoin would be a “Bitcoin killer” but the pyramid scheme is now in ashes and many of its founders are in hiding after being charged with fraud and money laundering.The Fall of Onecoin and the $4B Global Pyramid Scheme In 2019, many Onecoin affiliates are being charged with crimes by law enforcement agencies from multiple nation states after the Ponzi scheme crumbled to pieces. On Feb. 17, Florida-based attorney Mark Scott was arrested for being a suspect in the $4 billion dollar pyramid operation. Allegedly Scott laundered $400 million that was tied to the Onelife association and operations. U.S.-based federal investigators say that Scott moved the money through hedge funds set up in the Cayman Islands and then sent a great portion of the funds to elite Onecoin members. Last August, Scott was indicted by a federal grand jury on money laundering charges stemming from Onecoin and on the same day a warrant was also issued for his arrest.Since 2014, Onecoin proponents have claimed the Ponzi scheme was a real cryptocurrency with a blockchain and it would be considered the “Bitcoin killer.” Onecoin’s leader Ruja Ignatova who started the project in 2014 has been reported as missing for well over a year. Ignatova and high up associates made off with billions when reports detailed back in January 2017 that affiliate withdrawals exceeded new investments. Not too long after, the official Onecoin ‘exchange’ closed its doors. Before Ignatova went into hiding, investigative journalists noted she bought a yacht worth $15 million for traveling and a mansion in the Bulgarian seaside town of Sozopol for $2.5 million. The newly purchased home has custom-made furniture imported from Germany, a private beach, vineyard, and a large playground. Even though it is was publicly known that Ignatova bought these luxury items in the tourist town of Sozopol, Bulgarian law enforcement has not been investigating the founder’s purchases. Although police in Sofia did raid the Onecoin offices last January as part of a global law enforcement effort to take down the “centralized cryptocurrency pyramid scheme” that defrauded over 3 million individuals. The offices of “One Network Services” and approximately 14 other related firms were searched and evidence was seized.Ruja Ignatova is a gypsy who has always been on the move. Ignatova has been missing in action for well over a year after she purchased a $15 million dollar yacht and a vacation home in Bulgaria.Onecoin Leaders on the Run and Global Investigations Even though Onecoin operations have slowed to a grinding halt and many leaders have fled, the official takedown could still last for years according to Gerald Rubsam, a general prosecutor based in Bielefeld, Germany. Onecoin is being investigated by German law enforcement, but also by authorities in Britain, Ireland, Ukraine, the Baltic States, Italy, U.S., Canada, and other regions. “[Our] investigation is being conducted against eight suspects, mainly employees of one of the companies of the Onecoin group registered in Germany,” explainedRubsam last October. The Bielefeld prosecutor further detailed that law enforcement cannot find Onecoin’s leader. “We have no information on where Ruja Ignatova is currently at the moment,” Rubsam noted.Bulgarian police images from the Onecoin raid. Bulgarian prosecutors have admitted that Onecoin operations were not totally shut down when they raided the offices in Sofia. This is because Onecoin Ltd. is officially registered in the United Arab Emirates and a small group of founding individuals from various countries. Since the beginning of this blatant scamcoin, news.Bitcoin.com has reported and investigated Onecoin many times and well known bitcoin proponents have been adamant in fighting this fraudulent Ponzi. Our investigative report and interview called “Buyer Beware! The Definitive Onecoin Ponzi Exposé” has been viewed hundreds of thousands of times and translated into various languages.Onecoin “Dealshaker” paperwork found during the Onecoin raid on Jan. 18, 2018. The reason most bitcoiners wanted Onecoin exposed is because the scheme was never a real cryptocurrency and didn’t even operate on a blockchain. However, in the long run, it seems most law enforcement agencies have discovered the difference between legitimate cryptocurrencies and this fraudulent pyramid scheme. Even though the project is in ruins today with 3 million victims and many high up leaders on the run, it will still take years to clean up the mess. news.bitcoin.com
This is probably a little known fact, but Kim Kardashian is a hardcore HODLer. After talking to her fellow Kardashians (Khloe, Kylie, Kourtney, Kendall and Kris), Kim decided to call her next child “BitKoin”. She even turned Kanye into a crypto enthusiast. In fact, Kanye recently wrote a tweet asking Roger Ver to take his MAGA hat in exchange for a “BCH please” shirt. Kim has something in common with Bitcoin. Bitcoin’s ledger is public. Just like her behind used to be when that video was released. The most famous Kardashian is also a big crypto evangelist. Last year, she tried to promote Bitcoin on her Instagram account. Sadly, her audience wouldn't buy something they can’t show in a selfie. Something people don't know about her is that she’s an early contributor to the original Bitcoin project. She decided to leave after they rejected her proposal for adding ‘likes’ and ‘followers’ to the Bitcoin protocol. In a recent interview with E!, Kim admitted attending the Anarchapulco conference every year disguised as an old man. She also admitted to having a Liberland diplomatic passport. However, she doesn’t think she could live there because her L.A house is bigger than the entire country. As of her vision for Bitcoin, let’s all remember when she tweeted : “We need bigger blocks. Bitcoin needs to do the highest number of squats so it can have the biggest block. That's how we're going to scale.” God bless Kim. *This is a fake article*
The level of traffic on the bitcoin blockchain took a sharp dive during the price crash of 2018, but a gradual and steady recovery has already taken us to new heights. Learn more in this 2-minute video: https://youtu.be/0N5Crg2_z4U
In what some view as a landmark move, Google developers have added the bitcoin currency symbol to the iOS keyboard. Vitalik Buterin’s public request to add an ethereum symbol, however, was met with an unceremonious blow-off. The** move, by a company so successful it’s evolved its domain name into a verb, reflects Bitcoin’s mainstream trajectory.** An Unlikely Love Story: Apple, Bitcoin and a Currency Symbol The bitcoin symbol, which has seen deployed in a shortcuts app to aid Siri with command execution, is available on the Google Keyboard on iOS devices. Apple’s native keyboard does not have this functionality. Standing tall among the world’s greats, behold Google’s new bitcoin currency symbol. A Reddit user explained how to produce the key manually: “If any of you guys want to be able to type it, the Unicode code point it: U+20BF. For me, on Linux this means hitting Ctrl-Shift-U then releasing and typing 20BF or 20bf since caps don’t seem to matter which produces a nice ₿.” For Windows, another user proved just why an Android symbol would be very welcome indeed: “On windows, you first have to edit the registry. In order to enable a universal (independent of language settings) input method in Windows, one can add a string type (REG_SZ) value called EnableHexNumpad to the registry key HKEY_CURRENT_USER\Control Panel\Input Method and assign the value data 1 to it. Users need to log off/in on Windows 8.1/8.0, Windows 7, and Vista or reboot on earlier systems after editing the registry for this input method to start working. Then, holding ALT and typing “+20BF” should give ₿.” It’s unclear why Google has opted to add the bitcoin symbol to Apple’s interface and not yet to that of Android. Apple’s penchant for privacy is a good fit for bitcoin users, yet its wallet-gobbling insistence on proprietary software is in direct contrast to Bitcoin’s – and Google’s, for that matter – open-source nature. With most privacy-minded individuals opting for Android over iOS, it’s thus slightly ironic that the bitcoin symbol, a currency arguably geared towards the privacy-conscious, is available exclusively on iOS. Even more ironic is the fact that most iOS users tend to use the native Apple keyboard as opposed to the Google version, pointing to Google’s permissions requirement as an adoption deterrent. Yes to Bitcoin Currency Symbol, But Everything Else Is a No-Go Ethereum founder Vitalik Buterin responded to the news by tweeting Google: “I would like to discuss with you regarding the possibility to add an ‘ETH’ icon.” The search engine-turned-everything-else was quick to reciprocate with a Dear John letter: Thank you for your interest regarding our keyboard product. We regretfully have to inform you that Google will not add any other crypto icons to the keyboard besides Bitcoin because we believe everything else is legally questionable and long-term not viable. Buterin has since deleted his tweet. The Ethereum founder previously reported to have received a job offer from the search megalith in 2018, taking to Twitter to poll his followers on whether he should accept. This time, it was Google who had the last say. From Brand Recognition to Brand Adoption in a Single Keystroke If brand recognition is any indication of eventual mainstream acceptance then Google’s addition of a bitcoin currency symbol to its native iOS keyboard is a sizeable arrow pointing in the right direction. The symbol now features on the Google keyboard currency strip alongside the dollar, euro, yen, pound, Korean won, Russian ruble, Indian rupee, and the cent symbol. It’s alluring to fall into the honey trap that this spells significant news. The tech conglomerate, which under the guise of parent company Alphabet co-founder and president Sergey Brin once admitted that it “failed to be on the bleeding edge [of blockchain]” is finally coming around. That Alphabet is going Bitcoin, and then – just maybe – crypto. (Especially in light of Google’s AI defining bitcoin as a “collapsed economic bubble” or making the cryptocurrency industry the butt of a launch joke.) After all, in the period 2012-2017, Google placed second as the most active corporate investor in the blockchain space. And rumors regarding a cryptocurrency of Google’s own making have been circulating for a while, but that seems far-fetched, with Brin admitting as recently as last year that he doesn’t know “a whole lot about cryptocurrency” save for an amateur ethereum mining rig he’d set up with his son. Offering a Window Into the World’s Collective Conscious While the addition of a bitcoin currency symbol certainly shows Google isn’t turning a blind eye on the world of crypto, this latest news is unlikely to signal Alphabet’s foray into the land of cryptopia. Instead, for a company that makes billions out of listening to us ask questions, it’s only natural that they would give us what we want. According to Google Trends, the search query “What is bitcoin” was the year’s top in the U.S. and U.K. in 2018. A company that, in layman’s terms, “owns the internet” can only stay top by doing what it does best: playing host to the globe’s digital hive mind. And if that collective mind wants bitcoin, then bitcoin is what it’ll get. The ivory tower where cryptocurrency ads go to die or currency symbols to be born. Google has a significant effect on the cryptocurrency market. Unlike other movers and shakers holding the stock market in the palm of their hands, it’s primarily a content ledger, whether that content is organic or paid. Yet when the bitcoin price dropped by 11 percent after Google announced it would follow in Facebook’s footsteps and restrict the display of crypto ads in 2018 (a ban that’s since partially been lifted), it drove home the reality that Google has more of a say in crypto-land than many would like. Time will tell what cascading effect the addition of the bitcoin symbol will have in the minds of everyday iOS users. And, of course, when Android users will get to greet the new family member.
@honest_cash Hrrmmmmss…. How does this work? If I switch pages will it save the draft?.. It did not save my bio when I clicked submit. So I will have to rewrite my bio. All good. Aha, this draft has been saved!! Most excellent. Where to start. I Have been in Crypto since dec 2013. I first started acquiring "private money" or "p2p cash" when I finally understood what was going on and the market was crashing. The first three times I heard about Bitcoin and what it was being used for, the market price was climbing and I looked the other way. I knew something was up but I couldn't put my finger on it. I wrote it off as E-gold which was squashed almost as soon as it was created. At $30, $50 and $80 I was disinterested. But at $1200 and crashing It was all the talk. Shady news travels fast. The saying goes a lie travels faster than honest news can put its shoes on, or something like that, so the first 3 times I heard about Bitcoin I was skeptical. For most people i know they enter the space anywhere from the 7th to the 10th time they hear about bitcoin or they've overheard me ramble on about protecting wealth on many occasions, or in some negative news which seems to be the mainstay with new ideas or news in general. All in all very new to me still at that point, I could see there was more to understand and learn than the headlines were leading on because of this monstrous climb in price, I had to know what this was all about. I started my personal finance story off as a gold bug or further back in college in economics class, but there's much more to that story which I can get into in another post. I find myself educating people on most topics, I do read a lot, more like all day long, more than most it seems and I needed to acquire all the information I could, so 6 years later and its past midnight in NYC, you can understand my sentiment and why my never ending search for knowledge has lead me here sparked by the right idea. Protecting ones wealth and having a future were at odds in NY then and I regret not hearing or taking the news more seriously as most do in this space earlier. My thoughts were radical at that point according to the mainstream media and Ron Paul wasn't well received by the major players in the political discourse. He is my hero and volunteerism is my guiding principle so coming of age for me was riddled with minor setbacks. The future is hard to predict so I won't flog myself publicly much longer but I could not have made a better choice when I took the first leap of faith at $700 and I bought a quarter of a bitcoin. This was most of my monies at that point but I kept acquiring all the way down, even picked two up at around $170. Most of my acquisitions were squandered one way or another with alter coins or a hack, but I held on to some BTC. I have since figured out how to trade with intellect rather than emotions and instinct rather than fear and the light is brighter than ever. If there is a truth to be had, it is have some conviction in life no matter the naysayer, stay strong and hodl on. This is my crypto story, this is my truth. I hope yours is just as excellent. "Our greatest joy is not in never falling but in rising every time we fall" a saying on a plaque in my kitchen growing up. Thanks to everyone who helped me become a better man and thanks to people like you guys who allow us to share ourselves with the help of technology to keep the playing field honest. My sincerest appreciation. BCH gang! Or w/e provides more freedom to the world. #tobehonest#HCT simpleledger:qpu82de974jvcd2wcrg57s88eu4waenjqvjugknksm
**In an age where governments are trigger happy at censoring or shutting down networks, it is reassuring to know that Bitcoin can operate sans internet. **Network censorship, after all, is not some dystopian storyline but a power exercised by many democratic governments across the world. Thankfully, there are solutions that enable people to send and receive bitcoin even in a worst case scenario. For an advanced technology, it turns out that cryptocurrency can get surprisingly low-tech. Send Bitcoin by Radio and Circumvent Network Censorship Imagine waking up one morning to find that the internet is down. Not because the wifi’s been disconnected: instead, your government has pulled the plug . You’ve no idea when it’ll be back online, and in the meantime, you’re cut off from life as you know it, ranging from contact with loved ones abroad to paying for anything by card. Since society isn’t big on keeping cash these days, and ATMs stock up on only so much paper money at a time, chances are you’ll have to sidestep – or engage in – a few fistfights if you’re to put a meal on the table. Since bitcoin is, itself, a form of digital currency, it takes a good amount of preplanning to set up a transaction, but in theory, it could still operate even when conventional options are forcefully removed from the equation. While most of us will hopefully never experience a dystopian world of intermittent internet, the productivity sages remind us that a failure to plan is planning to fail. Knowing how to transact with cryptocurrency in a chaotic world is the sort of knowledge that might just come in handy one day, and in the meantime will make you the most interesting guest at the dinner party. Depending on the political stability of your geographic location, learning how to send bitcoin without internet could be nothing more than a fun Saturday afternoon science project. Then again, it could provide the way out of a tight spot one day, whether it’s transferring funds to a buddy stuck in the middle of the ocean or bribing a zombie to feast on the coins stored in your brain wallet instead of devouring your brain. Bitcoin Over Airwaves 2014 saw the earliest mentions of bitcoin being sent via the airwaves. Hamradiocoin was one of the early vanity altcoins, geared at the ham radio industry. While it wasn’t entirely clear why said niche industry needed a dedicated currency, its current $794 market cap – unchanged since May 2017 – adds to crypto’s rich historical arsenal of questionable coins. But the idea of marrying Marconi and Satoshi was bound to lead to more useful experiments. A step in the right direction saw Finnish company Vertaisvaluutta.fi propose the creation of a P2P half-duplex CB/HAM radio cryptocurrency. Also in Finland, Kryptoradio partnered with a national broadcaster to pilot a cryptocurrency data transmission system that broadcasts bitcoin transactions, blocks, and currency exchange data via national DVB-T television networks in real time. The project failed to launch its commercial phase, with founder Joel Lehtonen explaining: The project raised huge audience and there has been some serious commercial interest but nothing I am really interested in because they would destroy the original idea of Kryptoradio – distributing the Bitcoin ledger autonomously without internet connectivity. Come 2018, there was a new experiment in town. Ingredients: Brooklyn-based gotenna, a mobile, long-range, off-grid consumer mesh network, and bitcoin privacy wallet Samourai Wallet. A New Zealand developer transported crypto from a distance of 12.6km away, entirely offline, using only a network-disconnected Android phone and four portable antennas. Though as his Twitter recount acknowledges, it took one heck of a prep, including setting up relay stations. Fast forward to this year, and in perhaps the most simplistic effort yet, Coinkite founder Rodolfo Novak managed to move BTC some 600km away from Toronto, Canada to Openbazaar co-founder Sam Patterson in Michigan, USA. And in that moment, Bitcoin-by-sky went international. Advocates for Bitcoin by Air In 2017, computer scientist Nick Szabo and PhD researcher Elaine Ou delved into the topic at Stanford’s Scaling Bitcoin conference, introducing a research project that proposed tethering bitcoin to radio broadcast to secure consensus proofs using weak signal radio propagation. (View their talk, a copy of the presentation, and our coverage of the event for further information.) With Novak and Patterson’s latest feat, crypto Twitter went wild. Szabo, showing that he’s still a firm proponent of taking bitcoin skyward, chimed in to congratulate the duo for a successful sendoff that not even a snowstorm could stop. How to Send Bitcoin by Radio As Novak and Patterson have illustrated, you don’t need to overload on gear or make space for satellite storage in your backyard to send bitcoin by air. Accompanying an SDR ham on this quest was nothing more than a 40m 7Mhz antenna and the JS8call application. While the setup seems simple enough (Google “ham radio for beginners” for a primer), in practice this is probably not something you’ll dive into unless you’re just messing around or, in real life, shit gets real. Gearing up is as easy as H-A-M In truth, there are restrictions aplenty when it comes to sending bitcoin by radio. First off, legalities. To stay on the right side of the law, some countries require you to be a licensed ham operator, and even then you’re unable to send any encrypted messages or use the airwaves for commercial purposes unless so licensed. At this point, it’s not yet clear which governmental task force will join the SEC and co in clamping down on illegal apocalyptic bitcoin-via-radio transactions. Since legal restriction is the mother of all invention, Novak and Patterson circumvented this by broadcasting their experimental, non-commercial wallet encryption sendoff via public cypher. Then there’s prepping it all. For this to be a viable – albeit last resort – solution in an actual nail-bite situation, sender and receiver would have to set it all up in advance. Novak and Patterson were able to execute their experiment by communicating and collaborating in lieu of the transfer, using a brain wallet. (The brainwallet, which is simply storing your mnemonic recovery phrase in your brain, is not to be confused with the recent more nefarious version – the deathwallet popularized by CEO Gerald Cotten who took the keys to Quadriga’s crypto kingdom to his grave.) Thus, if you’re going to use this as a backup plan for when stuff hits the fan, you’d better secure a right-hand wo/man and a fool-proof project management blueprint while things are still web-friendly. If this process seems as though it walked off the pages of a James Bond novel, yes. It’s decidedly more involved than a mere intra-wallet send-off. However, if you’re gung-ho on testing out alternative bitcoin transports, don’t let the naysayers stop you. Yours might well be the next proof of concept the interweb is waiting for. The blog Better Off Bitcoin, for one, offers a run-through protocol tutorial. Scalability Is a Big Bottleneck Clearly, scaling is a non-issue here. For the foreseeable future, sending bitcoin by radio happening unless it absolutely has to. According to Australian crypto trader Boss Cole, “As Bitcoin and other cryptocurrencies are moving into the future, it is an interesting concept to think about what would happen if we instead went into the past. It is possible and easy to transfer Bitcoin without an internet connection, but it is not convenient. There are a number of projects working on this with satellites or their own infrastructure, however at the time of this writing they are not “popular” simply because there is no real demand.” He continues: In the case of government censorship, the infrastructure would change rapidly. If we were dealing with serious problems, the infrastructure would follow. Because it is possible. If we went into the dark ages, the main way to transfer Bitcoin would be transferring private keys between individuals. This would be simple, but not convenient. Not even extreme weather conditions can deter the determined from sending bitcoin via radio waves So while it’s theoretically possible to take to the skies and send crypto wallets around the world and all the way into space, DIY bitcoin ionosphere amateurs won’t soon be sending satoshis to the dark side of the moon any time soon. Why Radio Wave Transmission Might Be Necessary We tend to associate worst-case scenarios in which the main character has nothing but a walkie talkie and an old ham lying around with Hollywood’s portrayal of doomsday. Yet for unstable regimes like Zimbabwe and Venezuela, internet blackouts were how 2019 got its start. In reality, network censorship is an all-too-common control tool for many governments around the world. India leads the pack with 288 shutdowns between 2012 and 2019, with 134 instances in 2018 alone. The Middle East and Africa aren’t strangers to forcing citizens into offline mode, either. Under the Communications Act 2003 and the Civil Contingencies Act 2004, the U.K. has an internet kill switch, which could be enforced in light of a serious threat such as a significant cyber attack. The U.S. has had, for the past 85 years, the power to kill electronic communications under the Communications Act of 1934. And with talks of Russia considering a test run to decouple from the global internet, we risk taking a rude awakening if we assume the world’s 72,558 Google searches every second to be an unquestionable given. Bitcoin for Every Situation It might have taken a mini-library worth of code to get NASA astronauts to the moon, but sending bitcoin there won’t be nearly as hard. All you need is a radio. Okay, that and a moon rocket. But the point is, this new technology can be just as comfortable – or accessible – even when when the tech you’re using is decidely old school. Bitcoin might have been invented on the internet for the internet, but it can straddle both the digital and analog worlds. Cryptocurrencies like bitcoin walk the line between money under the mattress and cash in the bank. As these trailblazers show, bitcoin can straddle those worlds not only functionally, but also technically. Thanks to the efforts of the pioneers profiled here, crypto has shown it can survive in even the most challenging environments. Sending bitcoin by radio isn’t quite carrier pigeon, but in tech terms it might as well be. Which, says crypto developer John Villar, is “probably the most low end you can get before smoke-signaling a brain wallet.” news.bitcoin.com
**The cryptocurrency markets have produced several days of bullish price action, with BTC testing resistance near $4,000 for the time in five weeks today. In doing so, it’s broken the 100-day moving average for the first time in 272 days. In other market action, both BCH and ETH rallied to test resistance near $150, and EOS spiked to again rank as the fourth largest cryptocurrency by market capitalization. ** BTC Tests $4,000 for First Time in 5 Weeks The cryptocurrency markets made a second bullish leg-up today, with only two of the top 50 crypto assets by market cap posting a drop in price during the last 24 hours as of this writing. BTC rallied to test resistance at the $4,000 area today, marking the first time that BTC has entered $4k territory since Jan. 10. Today’s gains were also driven by a slight uptick in volume when compared to yesterday. BTC/USD – Bitfinex – 1D In the last two weeks, BTC has gained approximately 16.25% since bouncing off local support at approximately $3,350 to currently trade for approximately $4,000 on Bitfinex and $3,900 on Bitstamp. BTC now has a market cap of $68.91 billion and a dominance of 51.50%. When looking at the stochastic RSI on the weekly chart, BTC is at its strongest since December 2017. BTC/USD StochRSI BCH and ETH Test $150 Bitcoin cash produced the second strongest gains of the top 50 cryptocurrencies by market cap today, rallying to test $150 for the first time since Jan. 10. BCH/USD – Kraken – 1D Since bouncing off support at $100 on Feb. 18, BCH has gained 38.5% to currently trade for nearly $146. When measured against BTC, BCH is currently trading for 0.0375 BTC, an 11% gain in two days. BCH is currently the sixth largest crypto asset with a capitalization of approximately $2.61 billion and a dominance of 1.94%. BCH/BTC – Bittrex – 1D Ethereum is currently trading for $150. In the last two weeks, ETH has gained roughly 43% over the dollar after establishing support at the $100 area. ETH/USD – Bittrex – 1D When measured against BTC, ETH is currently testing resistance at the major long-term price level of 0.0375. Ethereum is the second largest crypto asset with a capitalization of $15.53 billion and a dominance of 11.62%. ETH/BTC – Bittrex – 1D XRP Attempts to Convert $0.34 Resistance Into Support Ripple has gained 11.5% in two days, with the markets currently attempting to establish support at the recent resistance area of roughly $0.34. XRP/USD – Poloniex – 1D When measured against BTC, XRP is currently trading for nearly 0.000085 BTC after gaining more than 1% in a single day for the first time during February. XRP is currently the third largest cryptocurrency with a market cap of $13.86 billion and a dominance of 10.37%. XRP/BTC – Bitfinex – 1D EOS Overtakes LTC by Market Cap Of the top 50 markets by capitalization, EOS produced the strongest gains of the day, with the price of EOS increasing 16.9% over the dollar in the last 24 hours. Over the course of the last two weeks, EOS has gained nearly 55% to currently trade for $3.66. EOS/USD – Bitfinex – 1D When measured against BTC, EOS has broken above 0.0009 BTC for the time since Sep 20, 2018. Eos is currently the fourth largest cryptocurrency with a capitalization of almost $3.27 billion and a dominance of 2.44%. EOS/BTC – Bitfinex – 1D Eos’ gains have seen LTC slide one rank by market cap, with LTC currently ranked fifth with a capitalization of $2.95 billion. Despite this, LTC is testing long-term resistance at the $50 area for the first time since Nov. 14, 2018. LTC/USD – Bitfinex – 1W When measured against BTC, LTC is against testing resistance at a major long-term price area, with Litecoin currently trading for 0.012 BTC each. LTC/BTC – Bitfinex – 1W source: news.bitcoin.com
A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed. Explaining Peer-to-Peer Electronic Cash to Bankers Banco de España, Spain’s central bank and supervisor of the Spanish banking system, recently published a report aiming to explain how Bitcoin works. The document details the functions of the cryptocurrency, as well as analyzing its strengths and weaknesses from the point of view of the established financial order. It also explains that the best way to understand the aims of the new system is by consulting the original Bitcoin whitepaper written by Satoshi Nakamoto. The report mentions that according to Nakamoto the world needs “an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.” Thus the goal is to create an electronic payment system similar to cash which allows remote payments without the need for the intermediation of institutions such as banks. This is meant to enable truly irreversible payments and reduce intermediation costs. A System Without Censorship The report concludes that cryptocurrency was envisioned as a payments system without the possibility of transaction censorship or a central authority with the power to authorize or reject transactions. It states that “bitcoin is an imaginative and elegant solution to this problem” of “the creation of a system without censorship.” However the central bank’s report also determines that traditional payment systems do not seek to resolve this problem and therefore cryptocurrency is not an alternative to them. In line with the common position usually expressed by central bankers, the report ends by saying: “Taking into account that for most agents the existence of trusted intermediaries is not a problem, along with the costs and inefficiencies generated when an attempt is made to eliminate these intermediaries, it does not seem that bitcoin, as it currently stands, is going to have a significant impact for the financial sector as an alternative payment system to the traditional channels.” news.bitcoin.com
In Tuesday’s installment of The Daily, we begin by checking in with a couple of the leading exchanges in the cryptosphere. Kucoin has unveiled a new look and a slew of new features, while Binance is poised to launch the testnet of its long-awaited DEX. We’ll finish by examining an integration between sentiment analysis service The Tie and Trading View that will allow traders to correlate markets with moods. Kucoin 2.0 Goes Live On Feb. 18, Kucoin underwent scheduled downtime to ready the exchange for a major overhaul. Upon the platform’s return, traders were greeted by a new login page, new wallet addresses, new trading engine, and new dashboard. To celebrate the upgrade, traders can enjoy zero fees for the next three days. In a tweet, CEO Michael Gan noted that his team was working to further improve the platform based on user feedback. Stablecoins have a dedicated section in the redesigned exchange, where they now nestle under a tab simply marked “SC.” The new-look Kucoin supports more order types, incorporates new APIs, and has a clearer dashboard that makes it easier for users to determine their security and account verification level. Upon logging in to the exchange for the first time since the upgrade, users will be prompted to set a trading password. Other features incorporated into Kucoin 2.0 include a tiered trading fee discount program designed to increase liquidity, and the ability for users to unilaterally freeze and unfreeze their accounts. D-Day Looms for Binance DEX Binance’s decentralized exchange (DEX) is inching closer to its public release. Tomorrow, Feb. 20, the testnet will launch ahead of the mainnet going live. In an announcement, the exchange explained: “Infrastructure-wise, the testnet of Binance Chain will start with 11 test nodes. We will test various combinations of nodes to optimize performance. While many have asked, the number and selection criteria of mainnet nodes are yet to be decided. At this stage, we simply want to develop a best-in-class DEX as fast as possible.” The DEX will launch with the Binance-owned Trust Wallet integrated, before adding support for third-party hardware wallets such as the Ledger Nano S. Binance coin (BNB), which will be used as a primary trading pair and to cover fees on the DEX, has surged in price in recent weeks in the build-up to the platform’s launch. The Tie Integrates Trading View Technical analysis and sentiment analysis have traditionally been separate disciplines that haven’t easily intersected. The former entails staring at charts, while the latter requires gauging what communities are saying or “feeling” about particular assets, before taking an educated guess as to where the market is likely to move. Sentiment analysis service The Tie has now completed Trading View integration, enabling users to overlay charts from both disciplines. Its BTC chart, for example, shows sentiment closely correlated with price, but with some divergence over the last three days. Alongside the traditional Trading View dashboard are metrics such as sentiment, hourly sentiment, one-hour price projection and the accuracy of this prediction expressed as a percentage. “On top of the technical indicators Trading View already offers, The Tie has added the ability to chart 13 custom indicators including sentiment, NVT ratios, relative tweet volume, and more all on the same chart,” explained the platform. news .bitcoin. com
The Bitcoin project is a topic I’ve been interested in for a while now. I like several other cryptocurrencies and blockchain projects, Bitcoin in particular never ceases to amaze me. There are hundreds of influencers already in the Bitcoin universe and more appearing each day, new tools, sites, videos, reports, tons comments from self-proclaimed experts and much more; too much content and opinions for a normal person to review. I decided to analyze the conversation in Twitter about the three predominant Bitcoin implementations: Bitcoin Core (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV). The particular questions to be addressed with this study are: - Who are the most connected influencers? - Who are the most mentioned among the Bitcoin crowd? - Who is the most loved/hated? - What is the behavior of users talking about each implementation? I started by defining a list of keywords to search: - btc - bitcoin core - bcore - bch - bitcoin cash - bcash - bitcoin sv - bsv The terms 'bcash' and 'bcore' are included in the search as I consider highly interesting the use of this kind of social attacks (removing ‘bitcoin’ from the name of the project) from conflicting user groups. A search using the Twitter API was performed for each keyword on February 14th, 2019; it resulted in 424 tweets. The number of tweets and number of different users appearing in each term search is reported in the bar plot below: From the bar plot charts we can see that there is rampant attack to the Bitcoin Cash project by the use of the ‘bcash’ term just by looking at the disproportion of users to tweet count; it is the term with more results, with 41% more tweets in the sample than ‘bch’, but almost the same number of users. The smallest group is the people using the term ‘bcore’, possibly meaning that only a few users attack the Bitcoin Core project this way. There’s a total of 337 different users in the data set, and 28 users appearing in more than one group. It is important to quantify this number as it may affect the conclusions of the analysis, but given that is only 8.3% of users that repeat among groups, the errors of the analysis should be minimal. Group behavior To go deeper, I proceeded to retrieve the timeline for users in the search term results limited to 1,400 tweets per user and the last 7 days. This resulted in a data set with 69,804 tweets. The term ‘bcore’ was dropped from the analysis because statistics for a population of size 7 are pretty much irrelevant. The tweets were grouped by users and the following features were computed: - Average number of users mentioned per tweet - Average number of characters per tweet - Average number of Tweets per user per day From these features we can observe the particular behavior of each group, just take a look at the density estimation plots below. For context, the Gaussian density estimation charts used in this analysis display characteristics of the population distribution in a similar way to a histogram, but easier to read when comparing populations. Users Mentioned per Tweet First curious thing is that the users of groups ‘bcash’, ‘bitcoin core’ and ‘bitcoin cash’ lead the pack in terms of user mentions per tweet. However, the ‘bitcoin cash’ and ‘bitcoin core’ populations seem to be composed of two sub-groups, one mentioning more users than the other. It shouldn’t be so wild as to assume that, given the higher number of tweets resulting from the ‘bcash’ search, the ‘bitcoin cash’ users are trying to repel the attack of the former by calling the project with the proper name. Tweet Length Users from the ‘bcash’, ‘bsv’ and ‘bitcoin core’ groups display a shorter tweet length; while users from the ‘btc’ group type longer tweets. The abnormal case is the ‘bitcoin sv’ crowd as users in this group produce tweets very close to 120 characters. Tweets per Day Even more strange is the fact that the ‘bcash’ group produce less tweets per day in average despite being a predominant term in the search results. The ‘bsv’ crowd seems to be the more active by producing around 20 tweets per day. Looking at the cumulative user percentage by this variable we see that 20 tweets per day is another abnormally common value. As a curious fact, that 80% of people in these topics tweet less than 60 times a day. User Interactions The interactions among users are interesting as well. I quantified the users mentioned in every tweet (if any) and obtained the sentiment score of the tweet as positive, neutral or negative using the Python library TextBlob. There are 8,549 users mentioned at least once in the data set. The first thing to obtain was the number of mentions of each user, a very simple calculation. This feature is particularly sensitive to things like polls and prone to manipulation, for example: bots designed to position a particular user or set of users. The next feature is the number of different users that mentioned each user; the analogy in a mesh network would be the number of connections to a node regardless of the connection weight. This value gives an idea of the number of people that consider a particular user as relevant. Finally, the sentiment score is calculated as follows: This value should be a large positive when the tweets to the user ranked as positive outnumber the rest, when the negative tweets prevail should be a large negative, and when tweets are mostly neutral it should tend towards zero. Number of Mentions The table below shows the top 20 users sorted by Number of Mentions. The most mentioned user is ‘ProfFaustus’, the account of Craig S. Wright who claimed to be Satoshi Nakamoto, inventor of Bitcoin, himself. Quite interesting is the fact that some users in this list have a large number of mentions, but most mentions come from a small crowd. From the top five users, tweets to ‘ProfFaustus’ display the highest positive sentiment. Users Mentioned by the Largest Number of People (a.k.a. most connected nodes) Craig Wright is also the user mentioned by the largest number of people, followed closely by ‘jack’ (Jack Dorsey co-founder and CEO of Twitter), ‘APompliano’ (a BTC supporter), ‘rogerkver’ (Roger Ver, CEO of Bitcoin.com and Bitcoin Cash supporter), and ‘LukeDashjr’ (BTC developer). It is much more obvious in this table that there is a big disproportion of the number of mentions of Craig Wright to the number of people that mentions him. This raises suspicions, at least for me, if the conversation about him is genuine. User ‘jack’, co-founder and CEO of Twitter, received a lot of attention from cryptocurrency fans when he passed the ‘Lightning Torch’. Given the importance of Jack Dorsey on Twitter, is not surprising that he is among the most connected users in this analysis. Roger Ver is among the top 5 users by this metric but its sentiment score is the lowest. It is well known that he receives a lot of criticism from the BTC and BSV crowds for supporting Bitcoin Cash (BCH). Most praised/loved users The sentiment score allows us to see which users are the most loved. We should be careful with this metric as it is very sensitive to the size of the crowd following a particular user. The table below shows only the top 20 users with highest score sentiment, but only from those in the top 100 places when sorted by the size of the crowd that mentions the user. We find ‘lightning’, the account for Linghtning Labs, developers of the Lightning Network at the top of the chart with a significantly large sentiment score. ‘TiKawamoto’, a BTC supporter and maximalist in second place and ‘sklyark_cash’ supporting Bitcoin SV in third. As you can see, the rank of the influencers changes with every metric. Conclusion Through this study, we can see the different characteristic behaviors of the crowds when segregated by the topic they talk about. We also found the most relevant influencers in the Bitcoin sphere using different metrics. It is important to highlight the importance of investigating the validity of the sources of information we consume to avoid falling in the multiple manipulations tactics used to deceive and increase the popularity of a topic or character. My intention was to present more facts than personal opinions about this topic, so you can draw your own conclusions. I will release the code used for this study once I find the time to clean it up, the data sets will be included as well. A big thank you if you read this far! bitcoincash:qpk9k4ut9thk2elnjlwmhw7tnxlzryljxv65kpp3qv
People are using the BTC blockchain to secure other tokens and software projects. They seem to need the base layer (rather than lightning) for the best security. It appears these uses may make the failure to scale even worse for BTC. I see this making fees rise without actual transaction volume increases. A flippening where BCH (or another mined blockchain token that can scale) grows higher in price than BTC will be needed to move miners to a chain that scales (hash power follows coin value if coin reward numbers are equal). Will high fees be enough to destroy the value of BTC? I'd rather see a rise in BCH than a fall in BTC, but, they may not have much time left to raise the blocksize of BTC (or some other drastic solution?) if they want to save it's value. https://news.bitcoin.com/more-than-30-of-btc-traffic-stems-from-the-veriblock-project/ Thanks for considering my ideas, - Big Bubbler
Hello everyone For everyone who is interested, I am going to keep track of my struggle to win back my losses. I got acquainted with cryptocurrency about a year and a half ago. My start with crypto was anything but good, haha. One day I saw a video on YouTube about Bitconnect. Of course I knew what Bitcoin was, had heard a lot about it but it did not really interest me at that moment until I came across the Bitconnect movie. Like many, I could not believe it was so easy to make money. Blinded by greed, I bought Bitcoin ($ 50,000 in total value) and started Bitconnect. Now that I think back to it, it is total madness that I risked all my savings that I had built up in 1 second. From this savings I wanted to have a super holiday the next year with my 2 little sons. My goal with Bitconnect was to make this holiday cheaper by earning extra money, total madness of course. It's funny to think back now that all those years that I was saving, paid attention to every dollar and felt bad when I only took $ 10 of my savings while with Bitconnect I blindly put in my total $ 50,000. .. madness madness madness when I think back to it now. In the meantime that I had invested in Bitconnect, I started to seriously deepen myself into cryptocurrency. During this period I started to seriously wonder whether it is possible at all what Bitconnect did, where did that money come from? That is also the moment when I started to shit in my pants and already knew a little bit about what was going to happen (I wish I was so good at estimating when I entered the lotto numbers haha). I'm not sure what date it was and frankly I do not want to know that anymore but that one morning I woke up and I suddenly saw 111 BCC (Bitconnect Token) in my wallet. At first I was actually happy because I knew that BCC had a price of $ 450 per piece, that joy became less when I saw that the price had collapsed to $ 9 / $ 8 each. Bye-bye savings. AND WHAT NOW? Now I have set up a roadmap for myself to recoup this $ 50,000, this is going to be my goal for this year. And I want to update it here as much as possible for everyone who likes to read. I wish everyone a nice day and watch out! Do not let the same thing happen to you as what happened to me. Holla guys!
According to a study by CNBC, which talked about the profitable business that Coca-Cola Company shares acquired ten years ago with respect to their acquisition price and the current profitability that they could report, it was indicated that they showed growth up to three times its nominal value. In that post, they talk about a $ 1,000 investment in a Coca-Cola share ten years ago, which would bring to $ 15,000 as a final price by February 15, 2019, allowing the money invested to be multiplied by almost three. Now if instead of acquiring an action of that type, that same amount would have been destined to acquire $ 1,000 in the Bitcoin cryptocurrency, on February 15, 2019 would report the not inconsiderable sum of $ 9.2 million USD at the average price of $ 3,600 per spot. Bitcoin for the year 2010, had an average price of $ 0.39 per unit. Although the traditional markets are less volatile than the cryptocurrencies, the historical price of Bitcoin shows us that despite the stake anchored to the cryptocurrency by investors and traditional economists reluctant to the new markets of crypts, they are not so profitable nor Even when the boom of the nineties occurred with the so-called "dot.com" actions or in Spanish, the boom in the actions of the web companies when this disruptive technology was emerging. Even the actions of major technology companies such as Amazon, Google and Apple, have historically not reported such performance in the same period of time from the time of their appearance until today. The case more similar to Bitcoin in growth, expansion and contraction, has been Amazon. The company of Jeff Bezos managed to rise up to 1.066% at the close of 1998 before falling back by 82.59%. Bitcoin experienced something similar in 2017, growing by 1,400% and then falling by 80% at the beginning of 2018. Even so, Bitcoin in terms of profitability and prices maintains better profit margins in relation to Amazon. And this is just the tip of the iceberg. If that investor had bought his $ 1,000 in Bitcoin at the beginning of 2010, when the first transastions of the cryptocurrency occurred at an average price of $ 0.003 cents each; that same amount would today be the astronomical sum of $ 1,200 million dollars at the current price of February 15, 2019. The scenario is even more interesting if that same amount had been sold at the beginning of December 2017, when the Bitcoin reached its maximum peak of $ 19,500 per unit. The $ 1,000 investment would report to the new criptomillonario the not inconsiderable sum of $ 6.5 billion. Despite all the reluctance about the cryptocurrency and its accusations of fraud, hacking, volatility and financial bubbles to which it has been cataloged lately; Bitcoin has shown that it has generated a new finance model that has already touched large corporations, financial groups and traditional investors, by applying uses of its underlying technology to generate new financial solutions and 'modern' ways of generating wealth. What emerged as a crypto-synchronism, has become an appealing asset for great institutional whales, who wait for the opportune moment to enter the game in an 'open' manner, which would imply historical maximums of their prices and therefore, for those investors of Bitcoin's early age and / or the current winter crypto; generate very decent returns in the next ten years. All this indicates that in spite of its volatility and all the bad publicity surrounding Bitcoin, investing in crypts responsibly is much more profitable than an action of any company that is listed on the big stock exchanges of the world. After all, actions also go up and down and are manipulated as traditional economists say, to Bitcoin. https://www.cnbc.com/2019/02/15/if-you-put-1000-dollars-in-coca-cola-in-2009-heres-what-youd-have-now.html http://www.coinmarketcap.com www.nasdaq.com
On Feb. 15, the Dallas-based mobile gifting company Swych announced it will be accepting cryptocurrencies for payments. Starting next week, instead of using traditional payment processors, Swych users will be able to pay using decentralized digital assets such as BCH, LTC, ETH, BTC, and ETC. Swych Mobile Gifting App to Add Support for 5 Cryptocurrencies The popular mobile application Swych allows people to give virtual gift cards from over 600 well known retailers and if the person receiving the gift doesn’t like the store they can easily swap the virtual funds for another retailer. Swych was founded in 2015 by Deepak Jain and is backed by capital investment from UAE Exchange Group, a global money transfer exchange, and payment solutions provider. The gift cards available stem from retailers such as Toysrus, Old Navy, Macy’s, Nike, Target, Best Buy, Gap, Banana Republic, Sephora, Nordstrom, Amazon, and more. Essentially Swych allows users to purchase and send gift cards similarly to platforms like Egifter and Gyft. However, the mobile application allows people to effortlessly switch gift cards if they don’t appreciate the particular brand originally gifted. Swych uses payment providers like Apple Pay, Paypal, Amazon Pay, and Google Pay. But according to an announcement on Friday, the company will be accepting five cryptocurrencies next week. Swych users will be able to pay with bitcoin cash (BCH), litecoin (LTC), ethereum (ETH), bitcoin core (BTC), and ethereum classic ETC. Deepak Jain, CEO of Swych, explained during the announcement that gift cards are a de facto choice among consumers and some of the same consumers also want to spend digital currencies. “We feel we are ahead of the game considering most retailers have not yet chosen to accept crypto payments,” Jain stated. “In keeping with Swych’s mission of providing our consumers with choice and flexibility, we’d like to provide new options based on our customers’ needs — crypto integration is one of the many requests we’ve received. ‘Cryptocurrencies: The Go-to Choice for Consumers’ Jain says Swych is the only application that allows consumers to send gift cards by simply using a mobile phone number. Swych also got into blockchain technology last year and has rolled out a cross border gifting platform that’s built on top of the Stellar network. Jain believes blockchain technology and cryptocurrency solutions will make the digital gifting platforms’ operations become far more efficient. “While digital gifting is undoubtedly an amazing use case for blockchain, so is payments and I think cryptocurrencies are gradually going to become the go-to choice for consumers to make purchases on the internet,” Jain emphasized. “For crypto holders, this means they can essentially use their crypto holdings for gift cards that are spendable at hundreds of different retail outlets,” Jain conceded. “There’s no doubt that this will be attractive to a large portion of the community, irrespective of whether the market is up or down.” news.bitcoin.com