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  EBay 'Seriously Considering' Adding Bitcoin Payments
Posted by: admin - 3 hours ago - Forum: News From Cryptocurrency Market - No Replies

On eBay right now, you can buy a Complete Cryptocurrency GPU Mining Rig for $2,586, or a “Just Hodl” (a bitcoin inside joke) hoodie for $33.99, or a “collectible bitcoin gift coin” for 99 cents. There are hundreds of bitcoin-related items, but you can’t pay in bitcoin. Yet.
Scott Cutler, senior vice president of eBay Americas, told Yahoo Finance in an interview this week that the online retailer is “seriously considering” accepting bitcoin, but “we’re not quite there yet.”
[Image: 0ab05aae7845998fae2fa5511cf7d8ea]
A collectible bitcoin gift coin on eBay. (Not a real bitcoin! Bitcoins are intangible.)

More

Not many retailers accept cryptocurrency as payment, but for one that does accept bitcoin, it’s been a boost to shares. Overstock.com (OSTK) is up more than 250% in the last six months, as it rides the bitcoin phenomenon. The web retailer is a pioneer in the cryptocurrency space, as it became the first major retailer to accept bitcoin in early 2014.
Payments in bitcoin aren’t exactly becoming commonplace, but they are slowly becoming more common: even a New York City preschool is accepting bitcoin for tuition. At some point in November, mobile-payments company Square (SQ) quietly rolled out a new feature to a small number of users on its Square Cash app: the ability to buy and hold bitcoin. Square CEO Jack Dorsey (also CEO of Twitter) told Yahoo Finance in October, “There’s nothing more impactful to our business than digital currency.”
As for eBay, it is currently focused on delivering a strong holiday season, as it tries to compete with Amazon. The retailer is working on expanding its offerings, shipping times, and return process.

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  Soccer Star Leo Messi Promotes Ultra-Secure New Crypto Phone
Posted by: admin - 12-11-2017, 09:18 AM - Forum: News From Cryptocurrency Market - No Replies

With the incredible price rise of bitcoin this year the world is seeing the emergence of a new class of consumers and investors, the bitcoin generation. As such it is no surprise that businesses are now tailoring new products aimed specifically at this demographic. The latest example of this is an ultra secure mobile device promising to keep your crypto transactions private.
Also read: Reports of Israeli ICO Ban Are Fake News, Entrepreneurs Look to Create ‘Crypto Nation’
Messi Business
Israeli serial entrepreneur and bitcoin advocate Moshe Hogeg revealed on Thursday that one of his ventures, Sirin Labs, has signed up soccer superstar Leo Messi to promote an upcoming mobile phone and operating system for paranoid cryptocurrency users. The company hopes that by bringing in the FC Barcelona and Argentina forward it could reach a wider global audience and attract them to the world of crypto.
[Image: messi-facebook.png]
Messi wrote to his almost 90 million Facebook fans that: “I am usually busy trying to decentralize defences and after digging deeper into Blockchain and decentralized systems, I’m excited to join SIRIN LABS as an ambassador to make blockchain more friendly with their upcoming operating system for smartphones.” The post got over 200,000 reactions and almost 2000 shares so far, showing the company might have bet right on the star’s social media prowess.
As he earns an estimated $650,000 per week at Barcelona alone, as well as recently having received a $100 million bonus, signing Messi is also a sign from the company it is ready to spend big bucks to support its new offering.
Security First
[Image: Paranoid-300x300.png]Growing out of the privacy-focused cryptography world, the bitcoin community is always concerned with cyber security issues. In addition, frequent hacks to crypto wallets and exchanges, as well as governments around the world threatening to ban or regulate the use of bitcoin, give users real cause to worry about keeping their dealings private.
Trying to answer this demand, the developers of the new open-source operating system say it is designed to offer built-in support for secure applications, such as crypto wallets, secure exchange access, encrypted communications, and a P2P resource sharing ecosystem. Other security features include: Trusted Display, IP Address Hiding, MAC Address Randomization, and a physical security switch.

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  Coin Place - The right Place!
Posted by: admin - 12-09-2017, 07:28 AM - Forum: Reviews - No Replies

Quote: Money News Online

"CoinPlace first though, in many ways it’s quite a traditional style standard HYIP. Nothing too complicated but still professionally organised and set up with a decent operational and advertising budget, and a couple of plans I think a lot of investors might like. CoinPlace is brand new and came straight to my monitor’s Premium List almost immediately after it launched. So let’s get started and see if you might want it in your portfolios.

Starting with the investment plans then, there are three plans to choose from in CoinPlace. Two of them make daily interest payment while the other just pays you once on expiry. It’s the less attractive of the three options, but I’ll start with it anyway as it’s also the cheapest and shortest term plan. CoinPlace require a $10 minimum to join. Your principal is then locked in for a term of 15 calendar days. At the end of the term the CoinPlace admin then offers a single payment of 110% back to you, principal included. That’s your own money back plus an extra 10% net profit for yourself. So were you to let’s say invest $100 with this plan, the hope is that CoinPlace would give you back $110 on expiry of the 15 day term. Maximum investment limits are capped at $500 per deposit.

On expiry plans in the HYIP industry are rarely popular when the program offering them has daily paying alternatives. I would expect that to be the case in CoinPlace as well. So the second option will cost you a $25 minimum to join, and runs for a slightly longer term of 20 calendar days. The interest rate is 6% per day for the term’s duration, principal included. That adds up to 120% in total by the last day of the term, made up of your own money back plus 20% net profit. If we say then that a $100 deposit is made in your account CoinPlace offer to repay you at a rate of $6 per day. You reach the break even point and see your first profit after 17 payments, that is to say you earn back a sum equivalent to your principal therefore making it impossible to lose money, and complete the cycle with $120 in total. The maximum limit for deposits in this plan is capped at $10,000 per deposit.

The list of investment plans is rounded off by you third option which runs for a term of 30 calendar days. CoinPlace require a $50 minimum to join, so it’s still within a reasonable grasp for most investors. The term length is 30 calendar days during which the CoinPlace admin is offering investors a daily interest rate of 5%. Lower than the previous plan which means it takes a little longer to reach the break even point (20 days this time) but with more payments is ultimately more profitable. Your final return comes to 150% out of which CoinPlace is also including your principal. That means your own money back plus the maximum possible 50% net profit. The maximum spend is again capped at $10,000 per deposit.

If any of that is of interest to you and you’d like to join, then the next thing we need to look at are what are your payment options. The processors CoinPlace are currently dealing with are slightly more focused on digital e-currencies. You can use either PerfectMoney, AdvCash or Payeer if you favour the more traditional style payment processors, or BitCoin, Ethereum, LiteCoin, and Dash if you want to use a more modern digital e-currency. If using any of the digital currencies you will be using the CoinPayments interface. In this case technically speaking your actual investment will be made in BitCoin, you simply have the option to pay for it using Ethereum, LiteCoin, and Dash. Your interest payments will then all be made via BitCoin, so you won’t really have a choice in that.

I guess a lot of you will be pleased to hear that most withdrawal requests are paid instantly. That’s up to a maximum value of $500 which is going to be the overwhelming majority of transactions. For security reasons anything bigger than that will have to be handled manually by the admin, but either way they will all need to be submitted from within your CoinPlace member’s account area. In the event of instant payouts being delayed for some reason (and there are plenty of perfectly valid ones, such as account replenishment, security, etc.) the admin asks you allow him a further 24 hour waiting period to ensure all transactions are completed. BitCoin investors however please pay very special attention to this – you are required to have at least a $10 minimum withdrawal request before it is accepted by CoinPlace. I don’t know how long this will continue for but to be fair here the conditions are largely outside the admin’s control. With a backlog of transactions and the poor value users are getting on the fees required going through the Blockchain network it’s totally understandable that CoinPlace would need to introduce such a rule. Obviously it doesn’t suit the program any more than it suits the members, so hopefully the situation will change before too long. If this is a problem for you then don’t forget that CoinPlace have several perfectly good alternatives to BitCoin where this is not an issue.

Moving on then to the more technical aspects of the CoinPlace website such as design and security, the first item of note is the secure Extended Vallidation SSL encrypted connection by Comodo to allow for safer browsing and more secure transactions. They have the above average Green Bar version, which is superior and a bit more expensive than standard. Hosting is on a dedicated server with support and protection provided by OVH. As for the script, it’s a unique and custom made product developed especially for meeting the needs of CoinPlace. Despite that it still manages to give the CoinPlace website a familiar easy-to-navigate feel, and it’s very user friendly throughout. Aside from English the CoinPlace website can also be viewed in Russian, Spanish, Italian, German, French, Portuguese, Polish, and Vietnamese. Just use the flag icon at the top of the page to switch between whichever version you are most fluent in. It’s also nice to see CoinPlace making use of other promotional tools, specifically some recorded videos where you can now watch the main one on the MNOVision page here and some other video reviews on the program’s own website."

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  Goldman Sachs Will Trade Bitcoin Futures For Clients
Posted by: admin - 12-08-2017, 10:04 AM - Forum: News From Cryptocurrency Market - No Replies

Goldman Sachs, the global finance market’s second largest investment bank behind JPMorgan, will begin trading bitcoin futures for its clients, once major exchanges list bitcoin futures in the upcoming weeks.
According to Bloomberg, a source familiar with the company’s bitcoin futures trading plan stated that in the short-term, bitcoin future trades made by Goldman Sachs on behalf of its clients will be processed on a case-by-case basis. 
In a statement, Goldman Sachs spokeswoman Tiffany Galvin said:
“Given that this is a new product, as expected we are evaluating the specifications and risk attributes for the bitcoin futures contracts as part of our standard due diligence process.”
Goldman Sachs CEO Enthusiastic
Lloyd Blankfein, the Goldman Sachs chairman and CEO since 2006, said “if bitcoin works, we’ll get to it.” Last month, in an interview with Kayla Tausche from CNBC, Blankfein noted that he is open minded towards bitcoin, because many assets and technologies he viewed as “stupid and wrong” turned out to perform and work well. Blankfein stated:
“I have an open mind about these things [bitcoin and cryptocurrencies] because there are a lot of things that work really really well today that I thought was stupid and wrong. I have a much more open mind about this and I know a lot of history of finance and I pointed out that there was a time wherein people only took gold coins.”
More importantly, Blankfein emphasized that the abrupt shift from the gold standard to the fiat currency system was rejected and failed to be adopted in the beginning. If bitcoin is a natural progression from hard money to digital money, Blankfein explained that bitcoin holds the potential to become the next gold and reserve currency of the world.
“A five dollar gold coin was worth five dollars because it had five dollars worth of gold in it. Then they issue paper money that is backed by gold in the treasury. Then one day, they issue paper money that does not have the backing of gold. There was no pledge that if you turn it in, I’ll give you five dollars of gold. It is fiat money. I say this piece of paper is worth five dollars and so therefore it is five dollars and a lot of people did not take that for a long time. But, now they do without question. You move a little bit further and you get bitcoin that is not a fiat currency so I don’t trust, it and I don’t like it. On the other hand, if it works, I say maybe it was a natural progression from hard money to digital money, explained Blankfein.
CBOE’s Bitcoin Futures Launch on December 10
The bitcoin futures exchange of the Chicago Board Options Exchange (CBOE), is set to launch on December 10, merely two days from today. Large-scale investment banks and hedge funds such as Goldman Sachs and Man Group plan to invest in the cryptocurrency upon the launch of CBOE and CME’s bitcoin futures exchanges, given that those two markets are expected to significantly increase the liquidity of bitcoin.
Goldman Sachs and its clients will likely utilize CBOE and CME bitcoin futures trading platforms to invest in bitcoin by mid-December.
With Goldman Sachs and JPMorgan optimistic in regards to the growth of bitcoin as the new gold and robust store of value, other major banks and financial institutions will inevitably follow.

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  More Bitcoin Fork Clones on the Way: Bitcoin God Will Be Born Xmas Day
Posted by: admin - 12-06-2017, 02:41 PM - Forum: News From Cryptocurrency Market - No Replies

It seems forking bitcoin has become a new cryptocurrency obsession lately as a myriad of bitcoin clones are joining the economy. Now two more bitcoin fork ‘snapshots’ seem to be on the horizon, called “Bitcoin God” and “Bcash”.
Also read: Bitcoin-Based Ethereum Smart Contract and Sidechain Rival RSK Launches
Chandler Guo Wants to Give a Symbolic Gift by Launching ‘Bitcoin God’ on December 25
[Image: ewHfnU-Z-300x300.jpeg]

Chandler Guo

We continue to hear about new bitcoin snapshot clones called diamond, rubies, gold, lightning, and now there’s allegedly a ‘Bitcoin God’ network coming. A network snapshot is basically a clone of the bitcoin blockchain taken at a precise block height. This means the new chain shares the exact same history as the legacy blockchain, up until that specific time. From there the new blockchain splits off and records its own transactions and blocks mined going forward. Further, the new network can have entirely new characteristics like bitcoin gold’s equihash consensus mechanism; which is different than bitcoin’s proof-of-work (PoW).  
The well-known Chinese cryptocurrency investor Chandler Guo has revealed he is launching a bitcoin-based fork that will use the ticker ‘GOD.’ Guo details the project is coming December 25 and explains there will not be a premine.
“Bitcoin God (GOD) will be forked off the main bitcoin chain at the block height of 501225, which will happen on December 25th to be symbolic of me giving candy to all bitcoin holders — The total amount will be 21 million — No pre-mine,” explains Chandler Guo via Twitter.
After Guo made the announcement, one of the investor’s Twitter followers asked him if the fork was a joke, or if it was real. Guo replied by detailing the fork was “real” and has tweeted about bitcoin god a few times since he announced the project.
Is Someone Creating a Bitcoin Clone Called ‘Bcash’?
[Image: 34149988-300x300.png]Further, there have been talks about another bitcoin fork that may spring up in the near future. Just recently someone noticed a Github repository is being worked on for a forked token called ‘Bcash.’ The repo was initiated on December 1, but the project was initially announced this past August, a few days after the bitcoin cash hard fork.
“Bcash is a new cryptocurrency that uses the existing Bitcoin ledger combined with Zcash privacy technology,” explains the Github repository.
The person or group behind the bitcoin/zcash clone does have a Twitter handle as well but has only tweeted twice. The developer who claimed to be creating the token is an early cryptocurrency developer who goes by the name “Freetrade.” The developer said he had launched blockchains like Protoshares, Memorycoin, Hodlcoin, and other projects within the space. The developer emphasizes in his announcementthat Bcash is not associated with bitcoin cash and the project is an entirely different network in the making. Freetrade explains:
Quote:
Quote:There are a number of scammers trying to cash in on the Bcash name. Be very cautious of anyone using the ‘Bcash’ name at this time. Bcash is not available for purchase or sale at this time.
Of course, the cryptocurrency community doesn’t know what to make of these new bitcoin snapshot projects. Although some bitcoin cash supporters seem pleased there is another token being created that will use the name Bcash, which also may essentially remove the disliked name from the BCH community. BCH supporters have also recently created a website called “What Is Bcash” that is dedicated to informing people that some individuals are deploying the word Bcash as a “social attack.”

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  Japan Increases Lead – Approves Another Four New Cryptocurrency Exchanges
Posted by: admin - 12-04-2017, 11:23 AM - Forum: News From Cryptocurrency Market - No Replies

More Crypto Exchanges Approved by FSA
[Image: fsa-300x112.png]The Japanese Financial Services Agency (FSA) has posted on its website the details of four new cryptocurrency exchanges which the agency approved on December 1. This is the second time the FSA has approved a list of crypto exchanges. The first time was on September 29 when 11 exchanges were awarded registration.
The FSA explained that only the digital currencies handled by the approved 15 exchanges are confirmed to “correspond to the definition under the fund settlement law,” based on information provided by each exchange. The fund settlement law went into effect on April 1.[Image: shutterstock_687394963-4-300x201.jpg] It legalizes bitcoin as a method of payment in Japan and requires cryptocurrency exchanges to register with the FSA.
The four companies approved in this round are recently established exchanges: Tokyo Bitcoin Exchange Co. Ltd, Bit Arg Exchange Tokyo Co. Ltd, FTT Corporation, and Xtheta Corporation.
According to the FSA’s website, three of the four companies above have only been approved to trade bitcoin (BTC). Only Xtheta Corporation has been approved to trade additional cryptocurrencies: ether (ETH), bitcoin cash (BCH), ripple (XRP), litecoin (LTC), ethereum classic (ETC), NEM (XEM), monacoin (MONA), and counterparty tokens (XCP).
More Applications Being Reviewed
[Image: shutterstock_704922310-300x200.jpg]The FSA is still reviewing a number of applications. At the end of September, on top of the 11 exchanges approved at the time, Nikkei reported that 17 companies were under “ongoing review.” Twelve companies did not meet the agency’s registration requirements and subsequently closed down their exchange operations.
Among the applications currently being reviewed is one from Japan’s second largest bitcoin exchange, Coincheck. The exchange issued a statement on Friday clarifying that its application to register as a “virtual currency exchange trader” was submitted on September 13 and is still currently “under review.” Nonetheless, Coincheck assured its customers that “we are still able to provide the service as usual.”
Last month, the FSA published a document clarifying its administrative policies including on cryptocurrencies and initial coin offerings (ICOs). It outlines how cryptocurrency exchanges will be monitored. This follows the agency’s announcement that it has begun monitoring the eleven exchanges which were approved in September.

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  In Vinom Veritas - The valuation of vintage wines
Posted by: admin - 12-03-2017, 07:01 AM - Forum: Reviews - No Replies

Security

- SSL Certificate 

Evaluation: 3/5

Design

- Good and unique design template and members area

Evaluation: 3/5

Investment Plans

3 investment plans are present:

The BREEZY plan offers a daily return of 0.8% for 7 daysWith a minimum deposit of $5, this plan offers a net profit of 5.6%.  In this plan the principal is back after 7 days, so for a deposit of $100, after 7 days you will get $105.6

The TASTY plan offers a daily return of 14% for 8 days[b]W[/b][b]ith a minimum deposit of $251,[/b] this plan offers a net profit of 12%.
The principal is included in payments with a total ROI of 112%

The GORGEOUS plan offers a daily return of 15% for 9 days. With a minimum deposit of $2001, this plan offers a net profit of 35%[b]The principal is included in payments with a total ROI of 135%[/b]

In conclusion, very good concept and low returns for all plans, the last plan, I think will have the less demand, due to the high minimum amount required to invest. The medium/long term is well present here.

So, far we are monitoring this program for 25 days and already we completed 3 cycles in the 1st plan. However the lifetime of the program is 136 days, so we can say, that has been a great performance so far.

Evaluation: 5/5

Features

- Custom Script

- Telegram

Evaluation: 3/5

Social Networks

-
Even with Telegram present, the only social network that is present is the mainly Russian VK social network.

Evaluation: 3/5

In conclusion, I give to this program a Evaluation of 3.4 out of 5.

Remember, invest all you can afford to lose!

You can join here:


[Image: Pr5TRb8.gif]

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  US Federal Court Orders Coinbase To Hand Over Customers Details To IRS
Posted by: admin - 12-01-2017, 09:50 AM - Forum: News From Cryptocurrency Market - No Replies

[Image: pexels-photo-209137-documents.jpg]
Digital asset broker Coinbase will be forced to submit details of some 14,000 US-based customers between the period of 2013 to 2015 to the Internal Revenue Service (IRS), as ordered by a US federal court. The announcement was made on the Coinbase blog on November 30, alerting customers of the decision following court appearances by Coinbase in the same month.
Coinbase, however, reflected on the decision as a “partial victory”, noting that it had successfully fought to hugely reduce the scope of affected customers as well as to limit the level of details provided. It said that it was proud to have accomplished two victories:
“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 narrowing the scope of the summons, we are pleased that the Court acknowledged the privacy rights at stake in this matter.”
Coinbase’s legal battle with the US government over customer privacy began over a year ago on November 17, 2016, when an initial court order on behalf of the IRS was issued to the San Francisco-based exchange, demanding copies of essentially all its US customer records.
According to the court papers, fewer than 1,000 taxpayers had reported gains related to Bitcoin in each of the years from 2013 to 2015, while more than 14,000 Coinbase users had been known to transact at least $20,000 worth of Bitcoin annually. This led the IRS to believe that many US-based users had failed to report Bitcoin gains to the federal government.
While the exact details of documentation Coinbase will deliver to IRS is unclear, the announcement does specify that “we intend to notify impacted users in advance of any disclosure.”.

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  Market Update - Bitcoin Hits $10,000!
Posted by: admin - 11-29-2017, 09:16 AM - Forum: News From Cryptocurrency Market - No Replies

Yesterday, Bitcoin achieved a historic milestone, surpassing the $10,000 mark for the first time in its short history.
At the time of writing, the Bitcoin price is sitting at $10,625, representing a gain of 7.8% in the last 24 hours. The total market capitalization of Bitcoin is over $177.5 billion, following the establishment of a new all-time high of roughly $10,744 earlier today. More than $1.3B worth of BTC were exchanged in the BTC/USD market, representing a 19.5% share of daily volume, second to the JPY at 63.8%.

Currently sitting at $471, the Ethereum price has dropped 0.5% in the last day. Over $320M worth of Ether were exchanged in the past 24 hours on the ETH/USD pair which has a 30.5% market share of the daily trading volume.

Bitcoin Cash dropped 2.5% over the last 24-hours, with BCH currently trading at $1,524. More than $190M worth of BCH were exchanged on the BCH/USD pair and the current market cap for Bitcoin Cash is $25.6 B

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  John McAfee Warns Of The Danger Of Visiting Unsecure Websites, ICO Investing And How
Posted by: admin - 11-27-2017, 12:47 PM - Forum: News From Cryptocurrency Market - No Replies

[Image: simon.jpg?resize=696%2C464&ssl=1]
John McAfee explains more about his ICO Investing, why Pornhub is great place to investigate new viruses, and how to stay safe online.
In an exclusive interview with Cryptocoin News John McAfee explained more about the risks you might be taking by browsing using Android based smart phones. McAfee first started out as a developer for NASA in the late 60s before working in a variety of innovative and cutting edge companies through the next three decades. The legendary anti virus developer who built the McAfee antivirus software which he ultimately sold to Intel is now an active advocate for internet security and white hat hacking. More recently in 2016 he became involved in the emerging cryptocurrency space. This year he has also become an investor, advisor and mentor to range of new blockchain based companies, who are looking to launch ICOs (initial coin offerings) including Hacken and BitIndia and others.
In our conversation (see link below to watch the whole interview) John explained that he is looking to invest in those companies which are working to solve problems close to his own heart. McAfee has said on previous occasions that he is probably the person who receives the most hacking attempts as other, up and coming hackers attempt to showcase their talents. He is particularly concerned about a number of vulnerabilities in the operating systems of many flavours of Android on a variety of smart phones. He claimed that apart from the Samsung S7 all other types of phones have serious defects that make users a risk when visiting risky websites and even accessing wifi hotspots. McAfee explained that blockchain based solutions now offer solutions to existing problems that can make a real difference to the quality of people’s lives, and their online security

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