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Cryptocurrency discussions / Plan B Responds to Bloomberg Editor's Outburst On Stock-To-Flow

« on: December 25, 2019, 12:48:33 PM »

Plan B, the crypto trader who made stock-to-flow charts for Bitcoin famous in the decentralized space has responded to the criticism from Bloomberg Market's editor Joe Weisenthal on the reliability of Stock-To-Flow ratio for determining Bitcoin's price. Plan B in his tweet called out Bloomberg's editor for his limited knowledge on the chart and also pointed out to the blunder of 2018 where he has predicted the value of Bitcoin to reach zero. He wrote,
"Last year (2018) you compared bitcoin to tulips and predicted BTC would go to zero in 2019 or 2020. Have You No Shame?"

Cryptocurrency Trading / China Looking to Incorporate Regulations for Forex

« on: December 24, 2019, 02:25:18 PM »

China's deputy head of the State Administration of Foreign Exchange (SAFE), Lu Lei during a forum in Beijing announced that they are ready to expand the Blockchain Pilot program to study foreign exchange regulations, reported Reuters. The plan is to integrate emerging fintech businesses with foreign exchanges to capture the evolving market.
China recently made its plan clear for accelerated adoption of blockchain technology, however, the crackdown on crypto service providers just weeks after the announcement confused the world on China's stance towards cryptocurrency. Right after the President's call for becoming the world leaders in blockchain technology, the state propaganda machinery bombarded the public with numerous articles praising blockchain technology.

Cryptocurrency discussions / Justin Sun Promotes a Potential Pyramid Scheme Game on Tron Network

« on: December 23, 2019, 02:27:52 PM »

Justin Sun, CEO of Tron Network has recently promoted a game, in which people can earn rewards by just getting a box from “just.game” website. The game, however, appears to be a Ponzi scheme.
Justin Sun has ensured that the launch of this game would bode well for the DApp industry. According to him, choosing a Tron blockchain this moment is the best app on the DApp platform.
But Even Justin Sun Is Not Sure
It seems that Justin Sun’s proposal is related to the launch of the game to get into action. Despite the CEO’s regular attempt to buy the box, the website is presently showing an error message. The game has also overwhelmed Justin, as he was unable to obtain the box for himself.

Cryptocurrency discussions / ECB Builds CBDC Payment System on Corda Blockchain

« on: December 18, 2019, 02:29:56 PM »

The European Central Bank (ECB) released a report on Tuesday outlining the details of its Central Bank Issued Digital Currency (CBDC) payment system focused on partial anonymity and complete compliance. The new payment system is built on Corda blockchain and makes use of Proof-Of-Concept (POC) to promote anonymity to a certain degree. The new system would allow the users to send small transactions via Central Bank without having to reveal their identity.

The newly developed CBDC payment system would make use of anonymity vouchers for small transactions, but the same won't be applied for more significant transactions. The report notes,

Cryptocurrency discussions / PlusToken Dump Could be Behind Bitcoin Price Drop

« on: December 17, 2019, 09:04:13 AM »

Bitcoin price fell below the key support level of $7,000 on 16th December and was trading at $6,940.82 at press time. The fall did not come as a big surprise for traders as the king coin has been registering daily lows in the past week. The next support is at $6,800 and if fails to hold that ground then $6,400 could be the next support level. Bitcoin started the year near $3,500 and then continued to rise in the second quarter and again started to fall in the final quarter.

Many investors were predicting that the BTC price would again touch the roof after a prolonged winter in 2018, however, analysts warned that 2019 could be the consolidating year, and actual bull run might start after the Block Reward halving in early 2020. Now a Chainalysis report has suggested that the reason behind the falling price of Bitcoin could be the dump made by PlusToken holders.

Cryptocurrency discussions / Blockchain and Crypto News Sites You Should Be Aware Of

« on: December 16, 2019, 11:10:18 AM »

Blockchain and cryptocurrency are developing at a swift pace. They are different from each other. Several new crypto-related startups are opening each day, launching new cryptocurrencies that promise more innovative features than the previous ones. There exist more than 1500 cryptocurrencies that are currently operating in the market. Today, the internet is flooded with blockchain and crypto news sites that are providing the most accurate updates happening in the crypto world. In this article, we will have a look at some of the best crypto and blockchain news sites.

sources>>https://www.thinsquare.com/blog/blockchain-and-crypto-news-sites-you-should-be-aware-of/

Cryptocurrency discussions / NEXT Block Summit at Bangkok / Interview with Eran Tirer by no spamming your site, use signature instead

« on: December 13, 2019, 01:04:23 PM »

#EranTire is CEO of Ledgertech. He is Former CEO and founder of EZSource, an IBM company, has held executive positions in the IT industry for over 25 years. Ledgertech was established in 2018 with the goal of driving digitalization and automation in insurance leveraging new technologies including blockchain, AI and machine learning. Stay tuned for videos of the NEXT Block Summit at Bangkok.

Cryptocurrency discussions / NEXT Block Summit at Bangkok | Interview with Narinrit Prem by no spamming your site, use signature instead

« on: December 12, 2019, 08:52:56 AM »

Starting December 12th, 2019 people in Brazil and Argentina can buy and sell cryptocurrencies with its respective local fiat currencies through the Binance Fiat Gateway; Binance reveals plans and the new gateway during the LaBitconf in Uruguay.

Latin America (LaBitConf 2019)--December 12th, 2019--Binance, the leading global cryptocurrency exchange by trading volume and users, today announced the launch of its fiat gateway for Latin America. The new platform, Latamex, under the Binance Fiat Gateway will enable direct fiat purchases of cryptocurrency for Latin American users on Binance.com in partnership with Settle Network, the largest digital assets settlement network in Latin America.

The new platform for Latin America will initially launch in Argentina and Brazil for direct purchases of cryptocurrencies, including BTC, BNB, ETH, and stablecoins such as BUSD, with the Argentine Peso (ARS) and Brazilian Real (BRL) through the Binance Fiat Gateway channel.

Cryptocurrency discussions / Bitcoin Rising From The Slump In Fiat Currency

« on: December 11, 2019, 12:41:21 PM »

Bitcoin rising its value by $4500 in a week, after surging greater than 900 % this year. Many investors were unhappy with this fact, but the other market analyst was ok with the increase in the value. Market rates might go high, and people might be unsatisfied with this news, but the ones who have invested might be satisfied with the information. Rising from the ashes of fiat inferno is a tough job, and the ones that have lived up to this expectation are the winning parties. This has led many people to consider it as breaking news, but the others have not taken it much seriously. This excellent value increment is going to be a trademark for the industry. This has been a static change in the sector of bitcoins, but still, many people are getting settled with this fact. Fiat inferno is the real reason behind the difference in the bitcoin prices.

Cryptocurrency discussions / Top Reasons Why You Should Trade In Cryptocurrency

« on: December 09, 2019, 01:15:01 PM »

The idea of cryptocurrency is gaining importance among investors. Satoshi Nakamoto is credited for bringing the concept of cryptocurrency in this world. Cryptocurrency can be referred to as a virtual currency using the blockchain network. Blockchain is the backbone technology behind cryptocurrency and is responsible for its security and transparency features. This blockchain is a decentralized peer-to-peer network of computers spread worldwide. The first currency that came into existence was Bitcoin. Bitcoin and other cryptocurrencies are influencing the market, and in this article, we will give you top reasons.

Cryptocurrency discussions / Top 10 Free Guest Posting Sites For Cryptocurrency

« on: November 27, 2019, 01:12:27 PM »

In the last ten years since Bitcoin was launched, cryptocurrencies have gained a lot of popularity and value in social media, generating fascination among the people. The use of cryptocurrency has come into existence since the bitcoin was created on January 3, 2009, by Satoshi Nakamoto. Industrial leaders believe that cryptocurrency will change marketing and finance forever in the near future. Lots of crypto enthusiasts and bloggers are now coming and posting on free guest posting sites for cryptocurrency.
Cryptocurrency is a booming industry with lots of experimentation and exploitation always going on, so there is a huge demand for accurate, up-to-date, and timely information. Also, there is also the demand for the latest blockchain updates, which is the underlying technology of blockchain. So, for this reason, bloggers are competing with each other to provide top-quality information and are always in a look for the best guest posting sites. In this article, you will be guided to some of the best guest posting sites where you can publish blogs on cryptocurrency.

Source>>crypto kmowmics

News related to Crypto / China’s Government Closes 173 Exchanges and Token-Issuing Platforms

« on: November 26, 2019, 08:02:31 AM »

The Chinese government has reportedly closed all cryptocurrency exchanges operating in the country, according to a Twitter update from Chinese blockchain outlet CnLedger. Additionally, according to the People’s Bank of China’s (PBoC) financial report, the country will continue to crack down on “unlicensed payment” businesses; including online lending firms and other financial companies operating online.
PBoC Vows to Crackdown Crypto Exchanges.
Ideally, the move means that China has finally shut down every competitor in the cryptocurrency sector. This has the door open for its soon-to-be-released CBDC. The PBoC had notified the general public on the legality of digital currencies; and its plans to curb illicit bitcoin trading, last week. The central bank vowed to shut down all exchanges. As per the announcement, the agency stated it would use measures such as inspections and a ban on crypto trading activity to “resolve related risks in a timely manner.

Contact us>> Crypto knowmics

Blockchain Technology / Blockchain Revolution: Oceanex Launches New USD Gateway Merchant Portal

« on: November 20, 2019, 07:39:00 AM »

Cryptocurrency is making a big wave globally and fast revolutionizing fiat and paper money extensively. OceanEX, a cryptocurrency and merchant gateway platform, has announced the launch of an entirely new USD Gateway Merchant Portal fiat for users.
With this development, users can make USD fiat currency deposits to their OceanEx wallet through the use of bank cards.
This is applicable to every user in every region except for those blacklisted from transacting on the platform. Hence, every user must have a verified batch stipulating they are genuine with OceanEX’s AML as well as conforming with the KYC processes before beginning to trade on the platform.
Also, considering the platform’s trading engine with the capability of processing as many others as there is, users can trust the platform for thoroughly high pitch trading with efficient liquidity.