Bitcoin flirts with $16,000, alarm bells ring louder

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

LONDON/NEW YORK (Reuters) – Bitcoin rocketed to a lifetime high just shy of $16,000 on Thursday after climbing some 60 percent over one week, magnifying the debate about whether the cryptocurrency is in a bubble about to burst. SUBMIT IMAGE: Bitcoin (virtual currency) coins put on Dollar banknotes, next to computer keyboard, are seen in this illustration photo, November 6, 2017. REUTERS/Dado Ruvic/Illustration/File Image The largest U.S. cryptocurrency exchange had a hard time to keep up with record traffic as the price rose, with an approaching launch of the first bitcoin futures contract even more fuelling financier interest. Proponents state bitcoin is an excellent circulating medium and a method to shop value, much like a valuable metal. They also argue it is preferable to traditional currencies because it is exempt to main bank adjustment. The supply of bitcoin will eventually be capped at 21 million, and some 16.7 million have already been launched. Critics say that the cost run-up is a bubble that has actually been driven primarily by speculation, leaving bitcoin vulnerable to a sharp turnaround. JPMorgan Chase & & Co () Chief Executive Jamie Dimon notoriously called bitcoin a fraud in September. “Bitcoin stays a significant gamble as …

What’s the Plan, Federal Government– Bitcoin or No Bitcoin For India?

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

Bitcoin or no Bitcoin for India? Let’s analyze the views of the Govt of India, its Supreme Court and the Reserve Bank of India. Find out more– > click on this link all material is copyright CoinTelegraph.Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own expert Bitcoin or cryptocurrency press release CLICK HERE. Powered by ABITCO.IN Read More

Millions of dollars might have been taken in bitcoin hack

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

Hackers have performed a heist on a leading digital currency platform, stealing an unspecifiedamount of swiped about 19,000 bitcoins after burglarizing European exchange Bitstamp.Cybersecurity company FireEye alerted just recently that North Korean hackers are stepping up theirefforts to steal bitcoin in order to support Kim Jong Un’s authoritarian program.

Bitcoin blows past $16,000 as cryptocurrency market NiceHash gets robbed of $70 MILLION

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

Bitcoin is revealing no signs of slowing down.On the very same day the digital currency topped $16,000 for a single system, a massive digital heist happened that emptied out $70 million (₤ 51 million) worth of the digital currency from a marketplace based in Slovenia.NiceHash was the victim of cyber hackers that cleared 4,700 Bitcoins from its digital wallet.The business says it has actually taken its service down while it investigates the break-in and hasn’t made it clear whether or not clients were affected.Read More Reports on the Korean peninsular claim the deceptive state has stolen countless dollars worth of bitcoin this year “Plainly, this is a matter of deep concern and we are striving to rectify the matter in the coming days,” it stated in a declaration. “In addition to undertaking our own investigation, the event has actually been reported to the appropriate authorities and law enforcement and we are co-operating with them as a matter of urgency.” On the other hand, the cryptocurrency continues its meteoric increase – with some market experts anticipating that the bubble will burst.One of the world ‘s most popular Bitcoin exchanges, Coinbase, has actually suffered with record amounts of internet traffic as speculators …

I bought $250 in bitcoin. Here’s what I learned

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

let investorstrade bitcoin futures, which may draw in more professional investors. Yet an essential reason the rate of bitcoin keeps going up is, well, since it keeps going up. Little financiers like yours truly have a fear of losing out on a chance to obtain abundant quick. When the worth of your bitcoin doubles in a week, as it did for me, it’s simple to think you’re a genius. However you can get burned assuming it will keep increasing. Some financiers have book a hotel on Expedia( EXPE). If I use bitcoin to purchase$25 worth of sockson Overstock today, and the price of bitcoin quadruples next week, I’ll feel like those socks actually cost me$ 100. Again, if bitcoin crashes, at least I’ll constantly have the socks. Rather than a currency, bitcoin is being treated more like an property, with the hope of gaining terrific returns in the future. So is there anything really important about bitcoin? Yes, the innovation behind it. Bitcoin is developed on the blockchain, a public journal consisting of all the transaction information from anybody who uses bitcoin. Transactions are included to”blocks”or the links of code that make up the chain, and each transaction should be …

T.V Landing on EXX

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

In the stiff-competition crypto market, T.V is getting major Exchanges support. When a practical idea is taking shape into a project and gets early Exchange attention, the pledges are simply brilliant. It’& rsquo; s the story of Ti-Blockchain’& rsquo; s project. A tale of combining the best of both worlds. Job at a look Ti-Blockchain is a public Blockchain environment advancement platform that utilizes the capabilities of and into user-ready applications. The latter are intended for fixing problems in the financial sector, in education, health care, source tracing and details sharing, and the list goes on.As of press time, Ti-Blockchain is developing an exclusive ERC-20 Token on the EthereumBlockchain: it’& rsquo; s branded “T.V for & ldquo; Ti-Value & rdquo;. The token uses the Blockchain file encryption signature and time measurement to confirm commodity info. In other words, it can validate the report, trace the source and tape the examination while serving as a fuel (or a cryptocurrency) of the Ti Blockchain.In reality, an innovative transparent Blockchain technology will incentivize the creation of a healthy market while promoting integrity, and securing copyright info. The stakes are high and many, therefore are Ti-Blockchain & rsquo; s company opportunities.We are speaking about …