Friday, 16 February 2018

Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit ₦14.6 Mln ($40,000,) 90% Of Altcoins Will Fail


The executive director of the Bitcoin Foundation Llew Claasen predicted that the buying price of Bitcoin will hit $40,000 by the conclusion of 2018, while 90% of other cryptocurrency projects will fail, Business Insider reported Feb. 15.

As Claasen stated at the Startup Grind conference which took place Feb. 12-14, this failure will undoubtedly be due to investors taking an excessive amount of risk buying cryptocurrency projects which later prove to be scams.

Wednesday, 14 February 2018

What is a DAICO?


What is a DAICO?

1. It’s an improvement on the ICO fundraising model that incorporates certain aspects of DAO’s.

 The idea was suggested by Vitalik Buterin in January 2018 and is aimed at making ICO’s more secure by involving investors in the initial project development process.

It will further enable token holders to vote for the refund of the contributed funds if they are not happy with the progress being made by developers.

Tuesday, 6 February 2018

What is Venezuela’s Petro? It’s socialism to bitcoin’s rescue


by Ramin Mazaheri
The simplest way to answer that question is: The Petro is a bond sale for foreign investors, with the proceeds going to pay the infrastructure costs required to implement the first-ever mass national adoption of crypto-currency.
Now that is a government taking on “good debt”, unlike the West’s banker bailouts….

Monday, 5 February 2018

How to Boycott China's central Government Ban on BTC/Altcoins or ICOs' Website



In September 2017, China banned both ICOs and cryptocurrency exchanges. Some of these businesses responding by relocating off the mainland to Hong Kong. Now, Sina reports, Chinese government plans to mitigate that by banning domestic and foreign “virtual currency exchange websites.”
Meanwhile, the South China Morning Post news site reported that after the terms, in Chinese, “bitcoin,” “cryptocurrency,” and “ICO” were searched on Chinese search-engine Baidu and microblog Weibo, no paid sponsored content came out alongside the expected organic results.

Friday, 2 February 2018

Highly Regulated, Gov. Issued Cryptos to Challenge Bitcoin in 2018?


Calls for cryptocurrency regulation were a resounding theme at the World Economic Forum in Davos last week. The world's most prominent financial institutions remain wary of going all in on cryptocurrencies, amid fears of future regulation leading the marketplace to tank.

Pressure Drives Crypto Markets Down Almost 20% (Fact Or ‘FUD’?)


All of the top 50 cryptocurrencies fell by as much as 18.05 percent in the 24 hours to press time, Thursday, Feb.1, as fresh volatility in Bitcoin undermines previous sideways growth.
Cross-exchange data from CoinMarketCap shows the broad copycat effect of Bitcoin’s drop on altcoin markets. Only six altcoins in the top 50 had made 24-hour gains at press time, with these nonetheless trending downwards.

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