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Bitcoin: Creation, Circulation, Usage, Problems & Advantages - Currency of Internet
 
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Expect atleast one question in your exam from this lecture! Dr. Manishika Jain explains tCreation, Circulation, Usage, Problems & Advantages of Bitcoins - Cryptocurrency "If you can't explain it simply, you don't understand it well enough." - Albert Einstein Why Use Bitcoin? Peer to peer Account cant be closed On digital wallet Simple as email Secured by Miners (rewarded for maintaining ledger) Changing finance Minimize transaction fee Cannot be frozen & blocked Cryptocurrency - Anonymous Crypto = Hidden Key Signature Bitcoin/Altcoins – 1st decentralized cryptocurrency in 2009 Why Use Bitcoin? @4:014 Cryptocurrency – Anonymous @6:49 Double Spending Problem @8:15 Open Ledger @10:27 Distributed Open Ledger @11:47 Miners @12:53 Block Chain @17:37 Block Chain – Public Distributed Ledger @21:30 Bitcoin Circulation @22:48 History of Cryptocurrency @23:04 Algorithms @24:11 SHA-2 @24:14 Scrypt @24:33 Bitcoin (BTC, XBT) @24:48 Satoshi @25:58 Why Bitcoin Fluctuates @27:33 Who Accepts? @29:37 Global Scenario @30:04 Bitcoin in India @31:18 Bitcoin Thefts @32:52 Mt. Gox @33:09 Bitfinex @ 33:49 #Bitcoin #Ledger #Centralized #Anonymous #Decentralized #Transaction #Frozen #Rewarded #Einstein #Manishika #Examrace Double Spending Problem Open Ledger Chain of transactions Open & public Decide valid/not valid Centralized place Block Chain New group of accepted transactions 6 times every hour – blocks made Nonce: Arbitrary number may only be used once Block Chain – Public Distributed Ledger Its not bitcoin but backend of bitcoin Ledger is open and public Ledger exists in many nodes - decentralized Removes dependency on 3rd party No trusted entity Faster/Immediately Cheaper For new block – 12.5 BTC Every hour 12.5×6=75 BTC After 2.1 lakh block (4 years), amount of BTC is halved – ultimately zero BTC – only transaction fee Bitcoin Circulation 21 million bitcoins in 100 years About over 13 million bitcoins in circulation by 2014 8 million bitcoins will be mined in next 95 years History of Cryptocurrency 1998: We-Dai – b-money – distributed electronic cash system BitGold by Nick Szabo 2009: Bitcoin - used SHA-256, a cryptographic hash function, as its proof-of-work scheme 2011: Namecoin 2011: Litecoin - used scrypt as its hash function Peercoin: proof-of-work/proof-of-stake hybrid 2014: Treasury Algorithms SHA-2 (Secure Hash Algorithm 2) by NSA - cryptographic hash functions Scrypt: Password-based key derivation function – make it difficult to do hardware attacks Bitcoin (BTC, XBT or ) Key and Signature Signatures are unique By Satoshi Nakamoto 31 May 2017: 1 bitcoin = $2257.96 or Rs. 143126.45 Mathematically limited to 21 million bitcoins Satoshi Satoshi / Austrian – one hundred million of BTC (smallest unit) Japanese character シ ("shi") - proposed Katakana symbol サ ("sa") - proposed Circled shi (㋛) Hiragana shi (し) Why Bitcoin Fluctuates? Rate in 2010 ($0.08) USA (buy – uptick) Zambia (sell – downtick) 30 minutes later Decrease in Bitcoin rate by: Merchants accepting Bitcoin Miners “cashing out” to pay bills with fiat Redemption of transmission bitcoin Conversion of bitcoin salaries to fiat (increase in unused bitcoin) Who Accepts? More than 1 lakh retailers Wallet applications Apple Dell Newegg e-Bay Dish Network Global Scenario Japan – Bitcoin made legal (law passed) Australia – removed double tax on bitcoin users Bangladesh – Illegal – 12 years in jail Kyrgyzstan – Illegal (no prohibition from buying and selling) Ecuador – banned (creating its own virtual currency) Bolivia – Banned Vietnam – prohibits credit institutions from dealing in cryptocurrency Bitcoin in India BTCXIndia: 1st bitcoin exchange in India with KYC and AML guidelines Unocoin Zebpay – 5 lakh app downloads & 2,500 users per day are added Fiat is needed to purchase Bitcoin to enter market in India – entry by donations, services or mining Still researching on bitcoin to make it legal Market acceptance, customer trust, investment security, money laundering, hawala Bitcoin Thefts Mt. Gox –mtgox.com, short for "Magic: The Gathering Online eXchange’ in 2006. World’s leading bitcoin exchange in 2013-14 - 850,000 bitcoins were stolen which amounted to $450 million & finally bankruptcy declared Bitfinex - $72 million stolen in Hong Kong based exchange - customers would forfeit 36% of their holdings and be given "BFX tokens" instead that could be redeemed by the exchange or converted to shares in its parent company iFinex. Join our fully evaluated UPSC Geography optional test series at - https://www.doorsteptutor.com/Exams/IAS/Mains/Optional/Geography/Test-Series/, Post evaluation get personalized feedback & improvement call for each test. Ready-made fully solved questions for GS at https://www.doorsteptutor.com/Exams/IAS/Prelims/ Don't miss preparing for IAS CSAT Paper II - http://www.examrace.com/IAS/IAS-FlexiPrep-Program/Postal-Courses/Examrace-IAS-CSAT-Prelims-Paper-II-Series.htm
Views: 8344 Examrace
Circulation of Bitcoins and Their Denominations
 
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This is a short video that answers how many Bitcoins are currently in circulation and how their denominations breakdown. If you want to get started with Bitcoins, get your wallet here...http://cur.lv/6b08a
Views: 92 indmoss
The Five Most Important Graphs in Bitcoin
 
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The number of bitcoin in circulation, the number of transactions per day, Google search interest, the value of one bitcoin, and the hash rate of the bitcoin network. Transactions: https://blockchain.info/charts/n-transactions Hash Rate: https://blockchain.info/charts/hash-rate I'd rather you share, comment, or ask a question, but if you want to tip: 1No4UR5ef6XR6Ayn361AQQtmSmP4zQqn47 Google search interest: https://www.google.ca/trends/explore#q=bitcoin&date=today%201-m&cmpt=q&tz= Thanks for watching!
Views: 2351 Alex Millar
Virtual currency bubble begins to burst
 
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Sign up for a free trial of News Direct's animated news graphics at http://newsdirect.nma.com.tw/Reuters.aspx For story suggestions please contact [email protected] The value of Bitcoin, a digital currency that was created four years ago, suffered a sudden crash in value this week. Bitcoins have surged in value almost 20-fold this year, but plunged 60 percent on Wednesday in just five hours. They hit US$266 earlier in the day, dropping to $105 in afternoon trading before bouncing back the next day, fluctuating around 35 percent below the $266 high point. Bitcoin is a currency created by an anonymous hacker. It aims to eliminate the need of a third-party to mediate online transactions. Bitcoin users trade anonymously as the currency is transferred between addresses. Each address is a randomized string of 25 to 34 characters. Cash is required in order to acquire Bitcoins. Users can exchange traditional currencies, such as US Dollars, Australian Dollars and Euros for Bitcoins via online trading accounts. Another way of acquiring Bitcoins is through "mining". Bitcoin-mining means users have to generate the number that the Bitcoin network is looking for by running a software called Bitcoin Miner. Twenty-five Bitcoins will be rewarded to each successful decryption. The total number of Bitcoins will never exceed 21 million. Currently, there are around 11 million Bitcoins in circulation and 25 new bitcoins are produced every 10 minutes. This animation explains how Bitcoins are acquired and how to perform online transactions. -~-~~-~~~-~~-~- Please watch: "Crying dog breaks the internet’s heart — but this sad dog story has a happy ending" https://www.youtube.com/watch?v=4prKTN9bYQc -~-~~-~~~-~~-~-
Views: 320 TomoNews US
Let's Talk Bitcoin!
 
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http://bit.ly/Join-BitClubNetwork What is Bitcoin? - We Use Coins! Bitcoin (sign: BitcoinSign.svg; code: BTC or XBT[7]) is a distributed, peer-to-peer digital currency that functions without the intermediation of any central authority.[8] The concept was introduced in a 2008 paper by a pseudonymous developer known as "Satoshi Nakamoto". Bitcoin has been called a cryptocurrency because it is decentralized and uses cryptography to control transactions and prevent double-spending, a problem for digital currencies.[8] Once validated, every individual transaction is permanently recorded in a public ledger known as the blockchain.[8] Payment processing is done by a network of private computers often specially tailored to this task.[9] The operators of these computers, known as "miners", are rewarded with transaction fees and newly minted Bitcoins. However, new Bitcoins are created at an ever-decreasing rate.[8] In 2012, The Economist reasoned that Bitcoin has been popular because of "its role in dodgy online markets,"[10] and in 2013 the FBI shut down one such service, Silk Road, which specialized in illegal drugs (whereupon the FBI came into the control of approximately 1.5% of all bitcoins in circulation).[11] However, Bitcoins are increasingly used as payment for legitimate products and services, and merchants have an incentive to accept the currency because transaction fees are lower than the 2 to 3% typically imposed by credit card processors.[12] Notable vendors include WordPress, OkCupid, Reddit, and Chinese Internet giant Baidu.[13] Secure Strong cryptography Bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications. Fully decentralized Bitcoin is open-source. Nobody owns it; the most popular client is maintained by a community of open-source developers. Using the Bitcoin network is free!
Views: 159 youcanget3
Bitcoin price plunges after gov't bans its circulation
 
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Authorities said Thursday that Chinese financial and payment institutions should not accept bitcoins as legal tender, warning of the risks related to the digital currency. Within one hour following the warning, the price of bitcoins plunged by 35 percent.
Views: 135 New China TV
Gresham's Law and the Cycle of Moneys
 
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The price of bitcoin is going up and the US Dollar is going down. History shows corrupt money pushes honest money out of circulation... until a tipping point introduces a new currency
Views: 3538 Alex Millar
Using Bitcoin in Under 4 Minutes
 
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Sign Up Using This Link Please: http://tiny.cc/start-using-bitcoin Setting up a Bitcoin Account to purchase things securely and easily is EASIER than opening up a Bank Account with a Big Evil Banking Corporation. Paying someone with Bitcoin is easy. Just use their e-mail OR unique Bitcoin ID, and chose the amount of BC/$ you wish to send. So easy! No Billing Address, No City State Zip, No 16 digit number, No name as it appears on the card, no expiration date or CCV code... it's so EASY. Just TWO THINGS. The Amount and the Email/ID. EASY to set up for Receiving payments with Bitcoin super-tiny transaction fees of 0.05% instead of 4-5% to Visa or MasterCard. No need for Paypal or another merchant to collect personal information, go through a 3-5 day approval process, send banking statements, etc, to approve (or deny) your company to accept payments online. Also, no government database of your purchase transactions. And by using Bitcoin, you are supporting a Peer-to-peer regulated marketplace, rather than allowing Ben Bernake and President Obama to decide HOW MUCH MONEY TO PRINT INTO CIRCULATION and when to create "booms" and "busts". All the Stock Market crashes were ORCHESTRATED and PLANNED. By using Bitcoin you are preventing the powers that be from CONTROLLING the money supply. "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863 "Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" — Sen. Barry Goldwater (Rep. AR) "This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill." — Charles A. Lindbergh, Sr. , 1913 "From now on, depressions will be scientifically created." — Congressman Charles A. Lindbergh Sr. , 1913 The #1 Form of Currency that Criminals, Drugdealers, and Fraudsters have used to commit their Crimes is FEDERAL RESERVE NOTES - NOT BITCOIN. With Bitcoin, there is a transaction timestamp, so there is a "papertrail". With Federal Reserve Notes ("cash"), there is no papertrail, and that is how people ultimately can get scammed. If your against the Illuminati, then STOP using their currency with their Pyramid and "New World Order" written on the back in Latin. http://UnderstandContractLawAndYouWin.com
Chinese are buying Bitcoins as investments - China Beat - Nov 20,2013 - BONTV China
 
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BON, China, Video, News, Chinese, Buying, Bitcoin, Virtual Currency, Investment, Trading platform, Transaction
Views: 258 bontvchina
David Andolfatto, How Big Is Bitcoin, and Is It Stable?
 
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St. Louis Fed Economist David Andolfatto briefly explains some of the benefits and drawbacks to virtual currency. So, how big is the bitcoin realm? Currently, there are about $7 billion bitcoins in circulation worldwide, compared to about $1.2 trillion in U.S. dollars. About 40 transactions happen per minute, compared to about 200,000 Visa transactions per minute. However, the average bitcoin transaction size is about $2,000, compared to about $80 in the average Visa transaction. While it's relatively small now, there is potential for growth. Andolfatto then discusses the trends concerning the price of bitcoin. Is bitcoin a bubble? He defines "bubble" as a liquidity premium; examined this way, bitcoin is a bubble. So is bitcoin a good investment? Perhaps, but the outlook depends on a host of factors, Andolfatto explains. Things such as how rapidly and extensively it penetrates the market, how government regulations might evolve over time and what competing products might emerge in the future. Is bitcoin a "good money"? A good money, Andolfatto says, should maintain stable purchasing power over short periods of time. Price-level stability depends both on money supply and money demand. He then provides a look at purchasing power of currencies—including bitcoin, gold and the U.S. dollar. Next, he examines the idea of "nominal exchange rate indeterminacy"—how the market exchange rate between two intrinsically useless objects is determined—and examines the fundamental economic forces that dictate the exchange rate between competing currencies. What would happen in a world of multiple, unregulated, competing virtual currencies? Likely, he says, we'd see excess volatility.
Bitcoin and the history of money
 
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You've probably heard a lot about Bitcoin in the news lately. But what is it and why does it matter? Let's take a look at the evolution of money to find out. If you'd like to help translate this video into other languages download the original English subtitle here http://xapo.d.pr/WIji/2NQvre6L and send your translated version to [email protected]
Views: 80350 Xapo
SmartMetric to Launch World's First Bitcoin Card With Biometric Fingerprint Protection
 
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NEW YORK, NY--(Marketwired - Jan 10, 2014) - SmartMetric, Inc. (OTCQB: SMME), a developer of patented biometric products, announced today it has developed and will soon launch the SmartMetric Biometric Bitcoin Card, the world's first biometric, fingerprint secured, off-line storage platform for bitcoins. "SmartMetric's bitcoin card can significantly accelerate the growth and rate of adoption for bitcoins as the new global currency. By applying our patented biometric technologies to a bitcoin payment card, we offer the world's first fingerprint-secured method to safely store and use bitcoins," stated SmartMetric President and CEO Chaya Hendrick. The SmartMetric Biometric Bitcoin Card uses the Company's patented biometric fingerprint technology, the world's smallest fingerprint reader. The card offers the benefits of bitcoins such as peer-to-peer transactions and card-to-card direct bitcoin sending anywhere in the world, while enabling real-time, in-person standard payment transactions at merchants and compatibility with standard ATMs around the world. Advanced patented fingerprint technology uses the cardholder's unique biometrics to lock and unlock the SmartMetric Biometric Bitcoin Card, providing safety and discrete portability. Bitcoins are becoming more widely used around the world, driven by government non-intervention and merchant and consumer demand. In the U.S., Federal Reserve Chairman Ben Bernanke recently sent a letter to the Senate noting that bitcoin may "hold long-term promise... if the innovations promote a faster, more secure and more efficient payment system." Japan, Germany, and Singapore have also recently taken an open stance on bitcoin, choosing to keep the digital currency unregulated for the time being. According to www.blockchain.info there are an estimated 12 million bitcoins in circulation today. With Bitcoins trading at approximately $925 per bitcoin on January 6, 2013, there is an estimated $11 billion worth of bitcoins in circulation. About SmartMetric SmartMetric, Inc. (OTCQB: SMME) develops patented biometric technologies used for security and identification, including the world's smallest fingerprint reader. The Company's proprietary advanced miniature electronics technology uses sub-micro computers to create fingerprint and security applications that were not previously possible. The world's smallest fingerprint reader is designed to fit inside standard payments cards as well as ID cards. Because of the miniature size of the electronics it is ideal for use in a broad array of products requiring an enhanced identification system. SmartMetric's products include biometric credit card and biometric debit card technologies, a medical emergency biometric card, and a MedicalKeyring™. For information on SmartMetric and its technology please go to www.smartmetric.com.
Views: 4553 CorporateProfile
what is bitcoin? know in just 5mins (start your business career using Addsix and earn money 100%)
 
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What is Bitcoin? how does it works? and is it profitable in 2017? what is Adssix? how to do business with Adssix? what is Zebpay? everything you need to know! Bitcoin is a digital asset and a payment system. It is commonly called a decentralized digital currency. It was invented by Satoshi Nakamoto in 2009. It is an open source software. This means, that no person, company or country owns this network just like no one owns the Internet. The system is peer-to-peer, that is, users can transact directly without an intermediary like a bank, a credit card company or a clearing house. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. Supply The successful miner finding the new block is rewarded with newly created bitcoins and transaction fees. As of 9 July 2016, the reward amounted to 12.5 newly created bitcoins per block added to the blockchain. To claim the reward, a special transaction called a coinbase is included with the processed payments. All bitcoins in existence have been created in such coin base transactions. The bitcoin protocol specifies that the reward for adding a block will be halved every 210,000 blocks (approximately every four years). Eventually, the reward will decrease to zero, and the limit of 21 million bitcoins will be reached 2140; the record keeping will then be rewarded by transaction fees solely. In other words, bitcoin's inventor Nakamoto set a monetary policy based on artificial scarcity at bitcoin's inception that there would only ever be 21 million bitcoins in total. Their numbers are being released roughly every ten minutes and the rate at which they are generated would drop by half every four years until all were in circulation. Bitcoin value History Date USD : 1 BTC Jan 2009 – Apr 2010 basically none May 2010 less than $0.01 July 2010 $0.08 Feb 2011 – April 2011 $1.00 8 July 2011 $31.00 Dec 2011 $2.00 Dec 2012 $13.00 11 April 2013 $266 May 2013 $130 June 2013 $100 Nov 2013 $350 — $1,242 Dec 2013 $600 — $1,000 Jan 2014 $750 — $1,000 Feb 2014 $550 — $750 Mar 2014 $450 — $700 Apr 2014 $340 — $530 May 2014 $440 — $630 Mar 2015 $200 — $300 Early Nov 2015 $395 — $504 May–June 2016 $450 — $750 July–September 2016 $600 — $630 October–November 2016 $600 — $780 January 2017 $800 — $1,150 5-12 January 2017 $750 — $920 2-3 March 2017 $1,290+ How to earn money from bitcoins? simply by using www.adssix.com where i can get my bitcoins earnings directly? By using Zebpay wallet or www.zebpay.com Is bitcoin real or fake? Watch ZeeNews https://www.youtube.com/watch?v=tgls4wTD-Js&ab_channel=ZeeNews If you are looking to start a business and you want to be rich just like other business icons then you're at right place. Email me: [email protected] or follow me: Facebook: www.facebook.com/shaibaz.d.xboie Instagram: Iamshabx if you like this video please subscribe, like and share. and feel free to comment below and tell us what you think?!
Views: 251 MA'SH_4E4
MAKING MONEY MINING BITCOINS - See How Some People Are Getting RICH from BITCOIN Miners
 
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PLEASE DONATE BITCOIN or LITECOIN to Support our Efforts BITCOIN: 18TndrqgZfHjPf7vv78jygxKF6vPfGwA7K LITECOIN: LSxSujEYKCG6T78DrDpnpzwDusgzca27as SUBSCRIBE http://www.youtube.com/BitcoinResearch MAKING MONEY MINING BITCOINS - See How Some People Are Getting RICH from BITCOIN Miners In my previous post on How to mine Bitcoin on your Mac I recommended MacMiner as my Bitcoin miner of choice. Like Bitcoin itself, the mining hardware and software space moves at the speed of light and shortly after I posted my mining piece I switched to a new OS X mining client called Asteroid. Although the screenshots below show Bitcoin (BTC) mining, Asteroid is also a capable Litecoin (LTC) miner, which, as I blogged over the weekend, is a better choice if you're just getting into mining crypto-currencies. The BTC difficulty rate is far too high to make any ROI mining with the GPU in your Mac and BTC mining requires dedicated hardware (ASIC) that's both expensive and constrained. xtremeTech has done some sleuthing, and it found last week that certain GPUs (graphics processing units) were no longer available at many retailers, likely having been bought out by Litecoin miners. High-end AMD Radeon GPUs were cited as one of the sold-out models. Newegg and Amazon, among many other retailers, have recently found their high-end GPU shelves empty. Litecoin mining is definitely a factor, but it is also a temporary spike. To avoid inventory issues, AMD and AMD AIBs don't have a habit of stocking up, hence they are probably unable to cope with the sudden spike in demand. AMD orders the silicon from TSMC in Taiwan, PCBs and memory chips come from Taiwan, China and Korea, along with coolers, VRMs and other components, so making sure the supply chain works efficiently is a delicate balancing act. For many people willing to try litecoin mining, Radeons are the equivalent of a gold shovel in mid-19th century California. bitcoin "bitcoin mining" "bitcoin miner" litecoin cryptocurrency virtual money software algorithm mine "litecoin miner" computer "graphics card" gpu percent "make money" investment software mathematical technology tech gadget future cooling rich wealth "accept bitcoin" cash trading forex risk reward 2013 2014 china chinese bank banking "bank account" "bitcoin trading" trending trendy viral new currency "foreign exchange" computer windows microsoft linux power "graphics card" "agendanwo" bitcoin atm vancouver alex jones max keiser inventor jp morgan chase patent infowars gerald celente trends in the news lindsey williams global currency reset rothschilds bankers bitcoin trends bitcoin research Billed as the ideal Christmas present for the bitcoin user in your life, the Neptune mining rig claims to produce 2.1 coins per day - meaning you'll have $2,000 worth by Boxing Day. The Neptune was initially available exclusively to KnCMiner's previous customers, who ordered $8 million worth of the new rig in 24 hours. Now available to the general public, the company expects the rig's limited production run of 2,400 units to sell out before Christmas. Spokesman Ian Chaffee told IBTimes UK: "By KnCMiner's own estimate, the Neptune can mine up to 2.1 bitcoins per day. This is about a 3.5x improvement on the [old mining rig] Jupiter, which could mine up to 0.6 bitcoins." As bitcoin's value soared from less than $50 to more than $1,000 per coin through 2013, demand to purchase faster and more powerful mining equipment soon became a booming industry in itself. LONDON -- Christmas came early for the Winklevii this year. Tyler and Cameron Winklevoss, the twin brothers who famously sued Facebook founder Mark Zuckerberg, own about 1% of the roughly 12 million bitcoins in circulation. Though its value has fluctuated considerably and continues to do so, the digital currency recently hit a high of $1,240, up from $13 a year ago -- a more than 9000% increase. Not everyone is sold on bitcoins as an investment. Detractors argue that bitcoins have little or no real-world utility outside transactions on online black markets. Earlier this month, former Dutch central bank president Nout Wellink compared rising bitcoin exchange rates to the Dutch tulip craze of the 17th century, during which the value of certain tulip bulbs rose to several multiples of workers' annual wages before the price abruptly crashed. Indeed, most current bitcoin owners are believed to be speculators -- estimates range from just over 50% to as high as 90% of the total. Sustained speculation may advance an upward price spiral, but bitcoin has already experienced several price readjustments in recent years. And it remains volatile: just three days after topping out over $1200 earlier this month, the currency plummeted to $650 after China banned its financial companies from handling bitcoin transactions, though the currency has rebounded somewhat since.
Views: 18022 Bitcoin Trends
Bitcoin
 
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Bitcoin is a purely online currency created from computer code, in circulation since 2009. The identity of its creator or creators remains a mystery.VIDEOGRAPHIC
Views: 127 AFP news agency
L3/P8: Bitcoins- mechanism, money laundering, RBI’s stand
 
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Language: Hindi, Topics Covered: 1. Need for a “decentralized” digital currency 2. Satoshi Nakomoto and the origin of bitcoin 3. How does Bitcoin system can operate? 4. mining of bitcoins, hashrate, computer technology 5. Bitcoin E-wallet or Digital wallet transactions- why and how are they anonymous? 6. Compare and contrast: RTGS-NEFT-Bitcoins 7. how can Bitcoin be used in money laundering, terrorism and drug trafficking 8. Casestudy: Silkroad website & illegal trade of coccain using bitcoin currency 9. Bitcoin vs Dollar: historic fluctuations in exchange rate 10. officers stand of People’s Bank of China and reserve bank of India (RBI) on bitcoins 11. How does Bitcoin violate FEMA and Prevention of money laundering act? 12. US’s official stand on bitcoins and capital transaction tax on them. 13. Misc. developments: Laxmicoin and fall of Mt.Gox bitcoin exchange website 14. possible questions for interviews from this topic. Powerpoint available at http://Mrunal.org/download Exam-Utility: UPSC CSAT, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
Views: 136984 Mrunal Patel
Bitcoin farms raise environmental concerns
 
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(7 Feb 2018) LEAD IN Despite a rollercoaster ride in the price of Bitcoin  - the farms which mine the cryptocurrency are continuing to boom in Iceland. But the extra computer power required for them to stay competitive has raised concerns over their long term environmental impact. STORY-LINE This desolated peninsula in southwestern Iceland has emerged as a frontier in the global rush for Bitcoin and other energy intensive cryptocurrencies. The blockchain system behind Bitcoin is programmed so that everyone can hypothetically profit from its maintenance. The incentive has spiralled to a frenzy with the price of one Bitcoin rising at one point to nearly US$ 20,000 over the past year, only to fall below US$6,000 this week. Ever more computing power is needed to beat the competition, creating a competitive cycle that is raising concerns about Bitcoin's environmental toll. Data centres around the world competing for new Bitcoins (a process known as mining) are expected to consume as much electricity as Argentina this year, according to analysts at the American bank Morgan Stanley. At the edge of the Arctic, Bitcoin miners seek natural cooling and competitive prices for Iceland's abundance of renewable energy. The Associated Press visited the largest of three Bitcoin facilities on the outskirts of Keflavik, known as "Mjolnir" after the hammer of Thor, the Norse god of thunder. This cryptocurrency farm is doubling in size, with five 50-metre (55 yards) warehouse buildings under construction. "What we are doing here, like Bitcoin mining, is like gold mining," says Helmut Rauth, manager at Genesis Mining, one of world's largest Bitcoin mining companies, according to own accounts. Inside the mine, rows of computer rigs line the walls, each powering about six graphics cards, run around the clock. The computers are tasked with solving maths problems whose solutions are used to validate new Bitcoin transactions. In return, miners claim a fraction of a coin not yet in circulation. Bitcoin's algorithm limits the total amount of coins ever available to 21 million. About 80 percent of Bitcoins have already been mined, or nearly 17 million. The validation process was a garage-operation on private computers at the early age of Bitcoin when returns were low. Genesis Mining, founded in Germany, was an early adopter of industrialising the process, first moving to Iceland in 2014 when the price of Bitcoin fluctuated from 350 US Dollars to 1000 US Dollars. Today the Bitcoin is valued at around 7,000 US Dollars, after peaking at around 19,000 US Dollars in December last year. The currency took a hit in January when China announced it would move to wipe out its Bitcoin mining industry, following concerns of excessive electricity consumption. Rauth says Bitcoin should not be singled out as environmentally taxing. Computing power always demands energy, he argues, comparing Bitcoin to credit card transactions and internet research. "How much energy is needed for that? This is the same global impact," he explains. Keflavik's Bitcoin farms are powered with electricity from the Svartsengi geothermal energy plant about 20 kilometres away. Currently, 50 megawatts are estimated to be used for mining Bitcoin and other cryptocurrencies in Iceland. Compared with data from Iceland's National Energy Authority, that equals about half of what the island nation of 340,000 people use to power its homes. An energy expert at Svartsengi told the AP that the cryptocurrency industry would likely double its usage this year, given the current growth and interest from foreign investors. Johann Thor Jonsson, director of Data Center Iceland, a business organisation, says Iceland had all the 'ingredients' for a successful Bitcoin base. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/266f8eece58610fd06c37ed6e06681ab Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 146 AP Archive
Largest bitcoin exchange stops trading after hacking attacks
 
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Originally published on February 26, 2014 Sign up for a free trial of News Direct's animated news graphics at http://newsdirect.nma.com.tw/Reuters.aspx ------------------------------------------------------------------------------------------------ Mt. Gox, the world's biggest bitcoin exchange, stopped trading on Monday after losing a large amount of the virtual currency in apparent hacking attacks that went unnoticed for years. Users can generate bitcoin transaction requests using computers or mobile devices. Every request enters the blockchain, a public ledger of sorts. The transaction is then confirmed by the other computers on the bitcoin network, usually within 10 minutes. Just like any other currency, users must trade their fiat currencies via exchanges like Mt. Gox to get bitcoins. However, in the case of certain exchanges like Mt Gox, these transactions are not verified on the bitcoin network, which can make the exchange vulnerable to hacking. Exchanges, including Mt. Gox, have a hot wallet that works like an ATM machine, or "cash float", in a register to pay customers. Mt. Gox used offline "cold storage" as a safe to deposit bitcoin reserves. The Japan-based exchange is believed to have been hit by repeated hacking attacks over the past few years, which eventually wiped out its entire cold storage. Citing a leaked document, Wired reported that the exchange had a leak in the link between its hot wallet and cold storage reserves, which are only online at limited times to transfer bitcoins between the two systems. The hacker reportedly used a known bug in the bitcoin protocol that had been fixed in the past, but Mt. Gox failed to update its own software running the exchange, which allowed the hacker to empty its entire cold storage. According to the New York Times, Mt. Gox has lost 744,000 bitcoins, worth around $418,400,000 at the current exchange rate, which constituted 6 percent of all bitcoins in circulation. Mt. Gox has received a subpoena from federal prosecutors in New York. Japanese authorities have also launched an investigation into the alleged theft. ------------------------------------------------------------------------------------------------ Next Media Animation's News Direct service provides daily, high-quality, informative 3D animated news graphics that fill in for missing footage and help viewers understand breaking news stories or in-depth features on science, technology, and health. To subscribe to News Direct or for more info, please visit: http://newsdirect.nma.com.tw/Index.aspx
Views: 12615 News Direct
Will THIS Book Turn Me Into a Bitcoin Maximalist?
 
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After watching several of his lectures and interviews online, I've decided that I'm gonna read "The Bitcoin Standard" by Saifedean Ammous to see if it can convince me to become a Bitcoin Maximalist. Let me know if you've read the book, and what you think of it. DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make. ▲▲▲▲▲ Looking to get started with cryptocurrencies? Check out my crash course here: https://louis-thomas.teachable.com/p/buying-bitcoin-crash-course/ DONATIONS ♥ ETH: 0xc12f59c4e23dccd369437bbdb09470879d8c0825 ♥ BTC: 1L2LswVmTobmEK8dy6Yw9nWx93Z1zZ1jb3 ♥ LTC: LRXk5EwrR6VJYJcLYZLNY5B1uhoiUchtF5 ♥ GBYTE: 5QRFNHCHE4FN3OR5REYDM7BFJP7EPWIU ♥ Dash: XyAPcaHdZJKuXiruHkAXkKgCMWHfaPFVgc ♥ ETC: 0x3bec3f9e112e719330d1732d60b02724b1b5a76c ♥ ZEC: t1gGY496794uEC4dTPiXitU8nYgXGLm78HH ♥ DGE: DFoVXJTiGKXTPUeztrpmYEWaHtXrBK452y ESSENTIAL CRYPTO RESOURCES ♦ Recommended place to buy Bitcoin/Ethereum: COINBASE - Sign up here: https://www.coinbase.com/join/5897724... ♦ Recommended Wallet: LEDGER NANO S - Available here: https://www.ledgerwallet.com/r/3c47 ♦ Recommended Exchange: (TBA) SOCIAL MEDIA LINKS ● Facebook: https://www.facebook.com/LouisThomasC... ● Twitter: https://twitter.com/LouisThomasYT ● Instagram: https://www.instagram.com/louisthomas... ● Snapchat: louisxthomas ● Steemit: https://steemit.com/@louisthomas CHANNEL RESOURCES ■ My Book: How to Choose a University Available here: http://tinyurl.com/y87e2ce6 ■ Camera: Nikon D5100 (old but affordable) Available here: http://tinyurl.com/y9cslp2u ■ Microphone: RODE VideoMic GO Available here: http://tinyurl.com/y9rceoer ■ Tripod: Polaroid 184cm Available here: http://tinyurl.com/yarefpr9 Panama Hat No Voice by Audionautix is licensed under a Creative Commons Attribution License (https://creativecommons.org/licenses/...) Artist: http://audionautix.com/
Views: 3826 Louis Thomas
Prof. Bernard Lietaer On Bitcoin
 
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Recording date: 23. April 2014 Location: School of Business and Economics, Maastricht University Speaker: Prof. Bernard Lietaer Title: In conversation What is money? And how successful is it in solving society's ills and meeting its needs? Currency expert Bernard Lietaer states that the fundamental problem with our present-day monetary system is that it is not sufficiently diverse. It dams and bottlenecks our creative energies, and keeps us trapped in a world of scarcity and suffering. But we actually have the capacity to create a very different reality by enabling our energies to move more freely where they are most needed, including towards cleaning up our environment, building adequate housing and providing good quality healthcare, etc. Prof. Lietaer will show that we need an upgrade of our monetary systems as a systemic solution to our global economic, financial and sustainability crisis. He will show that we need the circulation of different types of currencies for different types of purposes. About the speaker: Following his studies at the Massachusetts Institute of Technology (MIT), Professor Lietaer held various positions in the Netherlands and abroad. For instance, he worked for the National Bank of Belgium, where he was involved in developing the system that facilitated the convergence of the different currencies into the Euro. Lietaer was also the managing director of the Gaia Hedge Fund and he was responsible for the success of GaiaCorp, an investment vehicle for financing green start- ups. In the academic world, he worked as a professor at KU Leuven and as a guest lecturer at Sonoma State University and Naropa University. He has also done research for the University of California (Berkeley). Currently, his main line of work is in advising governments and multinationals about monetary systems. Last January, he appeared in the VPRO television programme Tegenlicht, in the episode 'De biecht van de bankier' (The banker's confession). Lietaer has written several books about complementary currencies and how they can contribute to a sustainable world: The Future of Money, Money and Sustainability -- the Missing Link and Rethinking Money. More information: Prof Bernard Lietaer: http://www.lietaer.com/ More interviews: https://www.youtube.com/watch?v=2S5bN5Hj7j8 Full Lecture: https://www.youtube.com/watch?v=iO9bRjhV_Bo Q and A: https://www.youtube.com/watch?v=vDVHQiJwOQs Studium Generale event: http://www.sg.unimaas.nl/programma.asp?action=detail&id=1068&lang=en Talkin'Business Online Magazine: http://www.talkinbusiness.net/ School of Business and Economics: http://www.maastrichtuniversity.nl/sbe SCOPE Economics: http://scope-economics.nl/ Pendo International: http://www.pendo.cc
Tim Draper Predicted Bitcoin's Explosion & Predicts 250K By 2022
 
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Tech investor Tim Draper predicts bitcoin will reach $250,000 by 2022 - Venture capitalist Tim Draper confirmed Friday afternoon that he predicts bitcoin will reach $250,000 by 2022. Fundstrat Global Research's Tom Lee, the only major Wall Street strategist to issue bitcoin price targets, expects the cryptocurrency will reach $20,000 by the middle of the year and $25,000 by the end of 2018. Venture capitalist Tim Draper predicts bitcoin will multiply by 30 times within four years. "It sounds crazy," Brian Kelly, founder and CEO of BKCM, an investment firm focused in digital currencies, told CNBC on "Fast Money" Friday. "But think about it this way: that's four years from now. That's a 3,000 percent return from here. But over the last two years bitcoin has had a 4,000 percent return. It would be a continuation of that trend." Bitcoin traded near $8,100 on Friday afternoon, up more than 18 percent for the week, according to Coinbase. The cryptocurrency suddenly shot 17 percent higher Thursday morning. Many traders attributed the spike to investors covering their shorts, or buying back into the market after betting against bitcoin. Fundstrat Global Research's Tom Lee, the only major Wall Street strategist to issue bitcoin price targets, expects the cryptocurrency will reach $20,000 by the middle of the year and $25,000 by the end of 2018. Draper is founding partner of Draper Associates and DFJ, an early investor in Skype and Chinese search giant Baidu. He bought nearly 30,000 bitcoins in a 2014 U.S. Marshals Service auction, all of which he told CNBC in December he was still holding. If that is still the case, Draper's bitcoin investment is worth roughly $243 million at Friday's prices. He said on CNBC's "Fast Money" in early March that in five years bitcoin and other cryptocurrencies will be the primary means of payment. Music: The Hullabaloo Hustle by Dhruva Aliman https://dhruvaaliman.bandcamp.com/album/what-must-be http://www.dhruvaaliman.com/ Spotify - https://open.spotify.com/artist/5XiFCr9iBKE6Cupltgnlet
Views: 10178 Wisdom Land
How Many Bitcoins Are In The World?
 
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Bitcoin data total xbt in circulation chart coindesk. 25 bitcoins per block for 4 years until next halving. Many people innovative bitcoin can be trading at. Three primary ways to all too many. Unlike traditional currencies such as dollars, 18 dec 2016 the question is not whether you should buy bitcoin, but how much. Of bitcoins in the market for each american or rich person of world where do i find total number currently out there? If you are running bitcoin core, can see amount circulation using 29 jun 2017 has gained too much popularity due to digitalization. Bitcoin millionaires how many people hold all the world's bitcoins bitcoin wikipediathe weekly standardhow in world own at least 100 btc? reddit. Money supply how many bitcoins are there currently in circulation the world? Man buys $27 of bitcoin, forgets about them, finds they're now worth 80% all will have been mined a year from faq bitcoin. As of june 1st, 2017 there are 16,366,275 btc out a total 21,000,000 in theoretical supply, which has yet to be mined. Reward schedule how many bitcoins will there eventually be bitcoin's big challenge in 2016 reaching 100 million users. Bitcoins per block (approximately every ten minutes) until mid 2020, and then afterwards 6. Bitcoin is controlled by all bitcoin users around the world since bitcoins are being regularly rewarded to miners, will number every block introduces 50 new coins in system. In a whitepaper published by satoshi nakamoto, the inventor of bitcoin explained 8 dec 2015 norwegian man discovers $27 investment now worth more than on 29 october, world's first atm also went online in 1 feb 2017 world is for quite reality shock about year from amount bitcoins being mined every day much compared to nobody owns network like no one technology behind email. This number does not reflect bitcoins in circulation blockchain fo charts total url? Q webcache. How many bitcoins are currently in circulation? Quora. How many bitcoins is 'enough' for you? ) bitcoin talk. Googleusercontent search. This number does not reflect bitcoin charts & graphs blockchain. Ripples market cap now many How bitcoins are currently in circulation? Quora. This halving continues until 2110–40, when 21 million bitcoins will have been issued 5 mar 2014 once it was released into the wild, bitcoin currency ecosystem operated we know exactly how many there are in existence today 3 jul 2017 a fully decentralized monetary system, is no central authority satoshi has never really justified or explained of these constants 29 jun 2016 internet distributed, worldwide, digital money. Bitcoins in circulation blockchain fo. See, there far, were approximately 285,000 bitcoin. The total number of bitcoins that have already been mined; In other words, the current supply on network 15 sep 2016 how many people hold all world's bitcoins? Today, let's look at a fun, kind competitive economic scoreboard for global bitcoin. Who owns the world's biggest bitcoin wallet? The fbi what happen
Views: 3 SS Insure Facts
Bitcoin: Know the risks before you buy
 
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Even though Bitcoin hit a record high of about $19,200 for each coin on December 17, the cofounder of the Bitcoin.com website said that "Bitcoin is right now the riskiest investment you can make ... as soon as people realise how it works, they will start to sell".. Here are some of the things you should consider before you jump on the bandwagon.. What is Bitcoin? Cryptocurrency: Bitcoin is a digital form of money that you can use to pay for some transactions online. It is the most popular of the so-called "cryptocurrencies".. As with "real" currencies (like the US dollar), you can own one, 10, or millions of Bitcoins. Unlike real currencies, cryptocurrencies only exist online and are not backed by any government or central bank.. Cryptocurrencies depend on complex computer software to verify, validate and secure transactions between people exchanging this virtual money online. . The software running Bitcoin was first released in 2009, together with the website, Bitcoin.org, by a programmer self-identified as Satoshi Nakamoto. He announced Bitcoin as "a Peer-to-Peer Electronic Cash System".. Regulation. In March 2014, the IRS, the US government agency responsible for tax collection, stated that all virtual currencies, including Bitcoins, would be taxed as property rather than currency. . South Korea is reportedly also looking to tax the money made from trading in cryptocurrencies. The government will also ban minors from opening accounts on virtual coin exchanges, and propose a bill to allow only eligible exchanges to operate.. How does it work? Blockchain: The financial system to validate Bitcoin transactions is known as the Blockchain, and depends on a decentralised network of computers connected over the internet.. Like peer-to-peer (P2P) networks where unidentified people upload and download music and films, the blockchain depends on a growing community of people and institutions online. . Those peers run the Bitcoin software to verify Bitcoin transactions, independent of any bank or treasury.. Every time people exchange Bitcoins online, the whole network gets updated with the new information, creating new "blocks", i.e. long chains of data for computers to solve.. Mining farms: Like printing new bank notes, new Bitcoins are created by solving "blocks" of mathematical equations that are created each time Bitcoins are exchanged online.. Even though the Bitcoin software can crunch all those equations automatically, it requires a lot of computing power to do so. . This automatic process is known as "mining" and requires a lot of computing power. For this, large data centres, known as "mining farms", have been set up. Many of the largest farms are located in Russia and China.. Blockchain.info counts 16 million Bitcoins in circulation, while there can only be up to 21 million Bitcoins. This limit is set in the Bitcoin algorithm.. Where can you buy it? Costs more than gold. At December's peak rates, one Bitcoin costs as much as $18,000. For this m
Dogecoin: cryptocurrency passes Bitcoin to reach the moon
 
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Hey everyone! Leave a comment and your address and we'll tip you 100 Doge! If you like our animation, please feel free to tip us at DLCBAmgvDCkMFa4TukbeCc5ehWxWbPMv8Q The Bitcoin bubble has given rise to a host of imitators hoping to cash in on the cryptocurrency craze. The source code for Bitcoin and Litecoin is readily available and easy to duplicate. That has given rise to more than 100 altcoin currencies hoping to benefit from demand for digital currencies. Billy Markus of Portland, Oregon, and Jackson Palmer of Australia started Dogecoin in December as a joke and didn't take it seriously. The currency is based on Litecoin and features the Shiba Inu from the Doge internet meme. The currency quickly found a following on Reddit. Dogecoin differs from Bitcoin and other altcoins. Whereas altcoin investors are aiming for capital appreciation, Dogecoin supporters see the currency as a force for social good. They've raised funds to send athletes to the Winter Games. First, there is an active community of supporters who tip each other and worthwhile causes freely. The cryptocurrency is worth just a fraction of 1 US cent, perhaps because of this, Dogecoin has surpassed Bitcoin in daily transaction volume, though not in dollar value. The most recently development is that Dogecoin will have built-in inflation rate of about 5% per year. By the end of 2014, Dogecoin will have 100 billion units in circulation and issue about 5.2 billion additional units annually. This differs from Bitcoin and many other altcoins, which are capped. Detractors say this will hinder Dogecoin's ability to appreciate. But supporters say inflation will allow Dogecoin to grow with demand. This will make it more viable as a currency, as inflation will discourage hoarding. ----------------------------------------­----------------------------------------­ Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off. For news that's fun and never boring, visit our channel: https://www.youtube.com/user/TomoNewsUS Subscribe to stay updated on all the top stories: http://www.youtube.com/subscription_center?add_user=TomoNewsUS Stay connected with us here: Facebook http://www.facebook.com/TomoNewsUS Twitter @tomonewsus http://www.twitter.com/TomoNewsUS Google+ http://gplus.to/TomoNewsUS Instagram @tomonewsus http://instagram.com/tomonewsus -~-~~-~~~-~~-~- Please watch: "Crying dog breaks the internet’s heart — but this sad dog story has a happy ending" https://www.youtube.com/watch?v=4prKTN9bYQc -~-~~-~~~-~~-~-
Views: 9231 TomoNews US
BTC CHINA Interview - BITCOIN CRASHES Due to CHINA Banking Ban. Not the END of BITCOIN
 
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PLEASE DONATE BITCOIN or LITECOIN to Support our efforts to waken the masses to the NWO Agenda. BITCOIN: 18TndrqgZfHjPf7vv78jygxKF6vPfGwA7K LITECOIN: LSxSujEYKCG6T78DrDpnpzwDusgzca27as BTC CHINA Interview - BITCOIN CRASHES Due to CHINA Banking Ban. Not the END of BITCOIN China has blocked the country's Bitcoin exchanges from accepting new inflows of cash, a move that imperils the much-hyped virtual currency in its biggest market. The head of BTCChina, the world's largest Bitcoin exchange by trading volume, said he had received word at midday on Wednesday that his platform would no longer be able to accept renminbi from would-be Bitcoin buyers. "As of right now, we have received notice from our third-party payment company that they will disallow customers from making deposits into our exchange," Bobby Lee, a former Yahoo developer who co-founded BTCChina this year, told the Financial Times. As of early afternoon the Bitcoin price in China had fallen more than 25 per cent on the day to Rmb2,800 ($461) per unit. It has been a rollercoaster ride for the virtual currency, which soared as high as Rmb7395 per unit in early December, up some 50-fold since the start of the year. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/6707013a-67af-11e3-8ada-00144feabdc0.html#ixzz2nvbS47Kc With its booming market for commerce, China had been seen by Bitcoin enthusiasts as fertile ground for the virtual currency. However, regulators were concerned that people could use Bitcoins to skirt the country's capital controls. They also grew alarmed at the rampant speculative demand for Bitcoins, warning it had the makings of a bubble. The Chinese central bank took a hard line two weeks ago, banning the country's financial institutions from handling Bitcoin transactions. Although the People's Bank of China said individuals were still free to trade it at their own risk, the ban on third-party payment service providers from doing Bitcoin business effectively makes new purchases of the virtual currency impossible. "I'm not that surprised," said Hong Hao, chief China strategist at Bank of Communications. "Even if the amount of Bitcoin in circulation wasn't that large yet, it was a potential threat to the monetary system." Mr Lee of BTCChina said the emphasis of the notice was on deposits, meaning that customers with existing renminbi balances would still be able to withdraw their cash from the exchange. "They are completely safe," he said, adding that people with money already deposited on the exchange still had the option of buying Bitcoins. Bitcoin plummets as China's largest exchange blocks new deposits Digital cryptocurrency has lost almost 50% of its value overnight after BTC China said it could no longer accept deposits in the Chinese currency bitcoin china "btc china" "accept bitcoin" war exchange currency "virtual currency" bubble "record high" fever ban bank banking "3rd party payment" "payment processing" "start up company" "bitcoin payment" government business market account funds usd rmb "chinese rmb" "rmb account" forex "forex trading" "gold bullion" "gold trading" silver 2013 2014 u.s. "united states" usa america virtual tech technology buy sell trade freedom "agenda nwo" regulation central bank china crash collapse future asset volatile speculation volatility alex jones infowars litecoin rig graphics card gpu mine mining jsnip4 rawdoglet max keiser lindsey williams david icke currency reset bitcoin trends Although some investors believed investing in litecoin would help to broaden and stabilize their portfolio, the events of the last 24 hours appear to have proven them spectacularly wrong. Litecoin crashed too, almost as if it was pegged to bitcoin, which in some sense it is. Many exchanges do not offer LTC/USD services and as a result much of the volume is coming from LTC/BTC trades. In other words, when bitcoin goes down, it drags litecoin down with it. In fact, litecoin charts from the past 48 hours look like a carbon copy of their bitcoin counterparts
Views: 604 Bitcoin Trends
Largest bitcoin exchange stops trading after hacking attacks
 
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Originally published on February 26, 2014 -------------------------------------------------------------------------------------- Mt. Gox, the world's biggest bitcoin exchange, stopped trading on Monday after losing a large amount of the virtual currency in apparent hacking attacks that went unnoticed for years. Users can generate bitcoin transaction requests using computers or mobile devices. Every request enters the blockchain, a public ledger of sorts. The transaction is then confirmed by the other computers on the bitcoin network, usually within 10 minutes. Just like any other currency, users must trade their fiat currencies via exchanges like Mt. Gox to get bitcoins. However, in the case of certain exchanges like Mt Gox, these transactions are not verified on the bitcoin network, which can make the exchange vulnerable to hacking. Exchanges, including Mt. Gox, have a hot wallet that works like an ATM machine, or "cash float", in a register to pay customers. Mt. Gox used offline "cold storage" as a safe to deposit bitcoin reserves. The Japan-based exchange is believed to have been hit by repeated hacking attacks over the past few years, which eventually wiped out its entire cold storage. Citing a leaked document, Wired reported that the exchange had a leak in the link between its hot wallet and cold storage reserves, which are only online at limited times to transfer bitcoins between the two systems. The hacker reportedly used a known bug in the bitcoin protocol that had been fixed in the past, but Mt. Gox failed to update its own software running the exchange, which allowed the hacker to empty its entire cold storage. According to the New York Times, Mt. Gox has lost 744,000 bitcoins, worth around $418,400,000 at the current exchange rate, which constituted 6 percent of all bitcoins in circulation. Mt. Gox has received a subpoena from federal prosecutors in New York. Japanese authorities have also launched an investigation into the alleged theft. --------------------------------------------------------------------------------------- Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off. http://www.youtube.com/subscription_center?add_user=TomoNewsUS Check out our official website: http://us.tomonews.net/ Stay connected with us here: Facebook http://www.facebook.com/TomoNewsUS Twitter @tomonewsus http://www.twitter.com/TomoNewsUS Google+ http://plus.google.com/+TomoNewsUS/ Instagram @tomonewsus http://instagram.com/tomonewsus -~-~~-~~~-~~-~- Please watch: "Crying dog breaks the internet’s heart — but this sad dog story has a happy ending" https://www.youtube.com/watch?v=4prKTN9bYQc -~-~~-~~~-~~-~-
Views: 2959 TomoNews US
How Much Money is There on Earth?
 
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Thanks to Grey for his help on this video: http://www.youtube.com/user/CGPGrey Thanks to Jack for helping with the intro: http://www.youtube.com/user/jackvslife LINKS AND SOURCES TO LEARN MORE BELOW. music by http://www.youtube.com/JakeChudnow GlobalRichList.com: http://www.globalrichlist.com/ Type currency symbols: http://currencies.typeit.org/ money changing hands [PDF]: http://www.swiftinstitute.org/sites/default/files/upload/The%20Statistics%20of%20Payments_v15%20-%20Chapter%204%20How%20fast%20is%20that%20buck.pdf murder states in the US: http://www.fbi.gov/about-us/cjis/ucr/crime-in-the-u.s/2011/crime-in-the-u.s.-2011/persons-arrested Bank robbery average [PDF]: http://www.cops.usdoj.gov/files/ric/publications/e03071267.pdf currency left laying around: http://www.moneyweb.co.za/moneyweb-economic-trends/how-much-cash-do-you-have-lying-around http://highstreetmoney.co.uk/2012/11/lloyds-tsb-campaign-targets-320-million-of-household-change/ http://www.nhscleveland.org/blog/post/2012/11/20/Roll-Your-Change-Week-Returns-to-Cleveland!.aspx cost of Arrested Development on Netflix (one season): http://www.wired.com/underwire/2013/03/netflix/ Money supply articles: http://dollardaze.org/blog/ http://www.straightdope.com/columns/read/719/how-much-money-is-there Money Supply on wikipedia: http://en.wikipedia.org/wiki/Money_supply http://en.wikipedia.org/wiki/Fractional_reserve_banking amazing fake US money (SUPER DOLLARS): https://blog.hypovereinsbank.de/schoener-schein-banknoten-und-blueten-im-museum-fuer-druckkunst-leipzig/ is burning money illegal? http://www.nbcnews.com/id/7148966/ns/business-answer_desk/t/it-crime-burn-money/#.UW1MlSsa_50 KLF burns a million quid [videos]: http://www.youtube.com/watch?v=p5mNzOtm24I http://www.youtube.com/watch?v=i6q4n5TQnpA KLF burns a million quid [articles]: http://blog.fxcc.com/the-klf-were-lightweights-at-burning-money-the-swiss-know-how-when-and-why-to-do-it/ https://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid money burning on wikipedia: http://en.wikipedia.org/wiki/Money_burning burn money the Steve Spangler way: http://www.stevespanglerscience.com/experiment/burning-money Tyga eats money [video]: http://www.youtube.com/watch?v=7eaaTQnhF0M Dirty Money: http://en.wikipedia.org/wiki/Contaminated_currency http://www.scientificamerican.com/article.cfm?id=cocaine-contaminates-majority-of-american-currency court case about drugs on money: http://caselaw.findlaw.com/us-9th-circuit/1441755.html termite eat money: http://www.dailymail.co.uk/news/article-2165354/Termites-eat-32-000-womans-safe-Taiwan.html "money" on wikipedia: http://en.wikipedia.org/wiki/Money fiat money: http://www.forbes.com/sites/pascalemmanuelgobry/2013/01/08/all-money-is-fiat-money/ http://en.wikipedia.org/wiki/Fiat_money "fiat" etymology: http://www.etymonline.com/index.php?search=fiat monopoly money color comparrison to US currency: http://25.media.tumblr.com/927603e8c482f52e9bf9ef4b135ae998/tumblr_mkecbeRSf41qch7b8o1_1280.jpg tinkerbell effect: http://en.wikipedia.org/wiki/Tinkerbell_effect http://www.reddit.com/r/RedditDayOf/comments/17mx51/til_that_the_tinkerbell_effect_is_a_term/ http://www.robbieparks.com/2011/08/26/the-tinkerbell-effect/ RELATED "Thomas Theorem": http://en.wikipedia.org/wiki/Thomas_theorem REVERSE tinkerbell effect: http://www.volokh.com/2003_01_26_volokh_archive.html http://www.volokh.com/2009/03/11/tinkerbell-returns/
Views: 7384313 Vsauce
What Is Bitcoin and How Does It Work? | Mashable Explains
 
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It's hard to deny that Bitcoin is changing the way we use money, and our concept of how currency should work. So what is Bitcoin exactly? Credits: Photo of different currencies: http://simplecurrencyconverter.blogspot.com/p/currencies.html Decentralized/Centralized Illustration: Mashable composite. iStockphoto, betamax; nicoolay; johnwoodcock; retroimages; aristotoo; 4x6; Patrick Damiano Blockchain: Courtesy of Silicon Angle; Blockchain.info Miner 1: http://bitell.sinaapp.com/show.php?tid=938 Miner 2: http://bitcoinexaminer.org/20-insane-bitcoin-mining-rigs/ Miner 3: http://www.openmobilefree.net/?p=1308 Bitcoin Stock Video: iStock, Movie Elements Bitcoin Stock Photo: http://www.coindesk.com/information/what-can-you-buy-with-bitcoins/ Bitcoin Creation Rate Chart: Wikipedia Bitcoin ATM: ABC 10 News http://www.10news.com/news/worlds-first-bitcoin-atm-coming-to-san-diego-050213 Bitcoin Value Graph: Blockchain.info TechKNOWledgy you can use from Verizon http://www.youtube.com/watch?v=nq1cUYYvoTI&list=PLrbQTM5j6LLDQ1ll81ryTW6bVtGvOZeRU http://www.mashable.com LIKE us on FACEBOOK: https://www.facebook.com/mashable FOLLOW us on TWITTER: https://twitter.com/mashable FOLLOW us on TUMBLR: http://mashable.tumblr.com FOLLOW our INSTAGRAM: http://instagram.com/mashable JOIN our circle on GOOGLE PLUS: http://plus.google.com/+Mashable Subscribe!: http://bit.ly/1ko5eNd Mashable is the leading independent news site for all things tech, social media, and internet culture. http://www.youtube.com/mashable http://www.mashable.com LIKE us on FACEBOOK: http://facebook.com/mashable.video FOLLOW us on TWITTER: http://twitter.com/mashablevideo FOLLOW us on TUMBLR: http://mashable.tumblr.com FOLLOW our INSTAGRAM: http://instagram.com/mashable JOIN our circle on GOOGLE PLUS: http://plus.google.com/+Mashable Subscribe!: http://bit.ly/1ko5eNd Mashable is the leading independent news site for all things tech, social media, and internet culture. http://www.youtube.com/mashable
Views: 707740 Mashable
Bitcoin: The Game Old Money Doesn't Want You To Play Bitcoin Mindset
 
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Thank for watching my channel. I strive to bring you value every single day. Bitcoin - Open source P2P money https://bitcoin.org/ Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org. ‎Introduction · ‎Resources · ‎Innovation · ‎Participate Bitcoin.com | Bitcoin News and Technology Source https://www.bitcoin.com/ Get started with Bitcoin: find a wallet, buy bitcoin, shop with bitcoin, read bitcoin news, and get involved on the forum. Bitcoin (USD) Price, Market Cap, Charts, News - CoinDesk https://www.coindesk.com/price/ Wednesday was a tough day for the cryptocurrency market at large, as several data points collected by CoinDesk illustrate. ... Bitcoin Outlook Sours As Price Sheds 70% of Recent Rally. ... Bitcoin's price has surrendered more than 70 percent of the rally seen in July, putting the bears in ... Bitcoin - Wikipedia https://en.wikipedia.org/wiki/Bitcoin Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator. Bitcoins can be sent ... Original author(s)‎: ‎Satoshi Nakamoto ​1⁄100000000‎: ‎satoshi ​1⁄1000‎: ‎millibitcoin Latest release‎: ‎0.16.2 / 29 July 2018 (8 days ago) Latest News on Bitcoin | Cointelegraph https://cointelegraph.com/tags/bitcoin Read the latest news about Bitcoin to learn more about the most popular cryptocurrency. The most recent events, price fluctuations, points of view... Videos 0:54 Bitcoin price falls CNBC.com - 12 hours ago 6:53 Does bitcoin need an ETF to make a comeback? Crypto hedge fund ... CNBC.com - 4 hours ago 9:08 Bitcoin: What is it? (video) | Bitcoin Khan Academy Khan Academy - Aug 31, 2013 14:12 When Will Bitcoin Bounce? | Bitcoin Shorts Are Increasing Rapidly!! The Moon YouTube - 3 hours ago 12:23 Bitcoin Market Meltdown - Today's Crypto News Altcoin Buzz YouTube - 11 hours ago 39:32 Is Bitcoin and Cryptos DEAD? - Daily Bitcoin and Cryptocurrency ... CryptosRUs YouTube - 19 hours ago 43:38 Bitcoin and the Next Market Crash - Andrei Polgar on the Age of ... Alessio Rastani YouTube - 2 hours ago 5:26 How Bitcoin Works in 5 Minutes (Technical) CuriousInventor YouTube - Apr 14, 2014 10:20 Bitcoin ETF .. do we really need it? Boxmining YouTube - 1 day ago 35:06 BITCOIN 12 MONTH BEAR MARKET REALLY CONFIRMED ... Forflies YouTube - 12 hours ago People also ask Are Bitcoins legal? What is a Bitcoin and how does it work? How do you earn bitcoins? How do you get bitcoins? Feedback Web results Bitcoin (BTC) Price Index | $ 6305.01 | Charts, History | Cointelegraph https://cointelegraph.com/bitcoin-price-index Current bitcoin price is $ 6305.01. Рresent value of 1 bitcoin (BTC) to dollar (USD) in real time. Charts, index, bitcoin price history. Bitcoin price, charts, market cap, and other metrics | CoinMarketCap https://coinmarketcap.com/currencies/bitcoin/ $6,295.32 Get Bitcoin price, charts, and other cryptocurrency info. Web results Beyond the Bitcoin Bubble - The New York Times https://www.nytimes.com/2018/01/16/magazine/beyond-the-bitcoin-bubble.html Ethereum belongs to the same family as the cryptocurrency Bitcoin, whose value has increased more than 1,000 percent in just the past year. 'I Forgot My PIN': An Epic Tale of Losing $30,000 in Bitcoin | WIRED https://www.wired.com/.../i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin... Veteran tech journalist Mark Frauenfelder tries everything, including hypnosis, to recover a small fortune from a locked bitcoin device. How Does Bitcoin Mining Work? | Investopedia https://www.investopedia.com/tech/how-does-bitcoin-mining-work/ For example, as of the time of writing this piece, there were about 17 million Bitcoin in circulation. Aside from the coins minted via the genesis ... Searches related to bitcoin
Views: 8 CryptoCeej
This week in Bitcoin- 7-6-2018- Vortex, BTC Benny, & Francis Pouliot! Bitcoin Rodeo!
 
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The Bitcoin Rodeo will take place on Monday and Tuesday in Calgary! Today all of the guests on the show will end up being speakers at the event. Get pumped for Alberta and learn about what went on in the cryptocurrency space this week! Tune in at 2PM EST! Vortex- https://twitter.com/theonevortex Francis- https://twitter.com/francispouliot_ Benny- https://twitter.com/BTCbenny Rodolfo- https://twitter.com/nvk BITCOINMEISTER JULY in ALBERTA! July 9 and 10 Adam in Calgary!- https://www.eventbrite.ca/e/bitcoin-rodeo-an-introduction-to-cryptocurrency-tickets-42515974424?discount=Meister30 July 11 in Red Deer- https://www.meetup.com/Red-Deer-Beer-Meetup/ July 12 in Edmonton- https://www.meetup.com/yegbitcoin/events/250779875/ August 18- Philadelphia- Use code: bitcoinmeister45 for a $45 ticket price- http://www.cryptocoincon.com/ Thursday's show- https://www.youtube.com/watch?v=1osjeLf6KGk Wednesday's Venezuela Show- https://www.youtube.com/watch?v=XAmawVCotcg Tuesday's show- https://www.youtube.com/watch?v=M0zzVez4jcQ Monday's show- https://www.youtube.com/watch?v=v4SDo0mT9MM Craig Shipp Sunday Interview- https://www.youtube.com/watch?v=RTHi0FQTkcw The Sunday Bitcoin Special- https://www.youtube.com/watch?v=lMVNTDNOt00 Saturday's Beyond Bitcoin show- https://www.youtube.com/watch?v=CWx9nXYyMkA Last week in Bitcoin show- https://www.youtube.com/watch?v=yAXyf_wz1Nc WCN Podcast- https://www.acast.com/world-crypto-network Bitcoin people you need to know- https://www.youtube.com/watch?v=YuWlWnJqHn4 Email the Disrupt Meister intern- [email protected] & tell us why you want to be an intern! -------------------------------------------------------------------------------------- Get anonymous VPN and PROXY at Torguard! https://torguard.net/aff.php?aff=3899 CryptoHWwallet affiliate link- https://www.cryptohwwallet.com?acc=a87ff679a2f3e71d9181a67b7542122c "MeisterFreeHW1Over200" This is the coupon that is for people who spends over $200 (exclude shipping) to get a free H.W1. Ledger hardware wallet. Limit 10 pcs only coupon use at first, first come first serve basis only. 1 per customer for up to 10 uses. UPVOTE THIS- https://steemit.com/bitcoin/@bitcoinmeister/live-at-noon-est-the-1-bitcoin-show-cryptocurrency-in-venezuela-what-is-really-going-on-dash-petro Buy your Bitcoin Trezor storage device here: https://shop.trezor.io/?a=c81d29b7bbf1 Buy Bitcoin at Coinbase here: https://www.coinbase.com/join/528aa4ec443594782100003a CryptoHWwallet affiliate link- https://www.cryptohwwallet.com?acc=a87ff679a2f3e71d9181a67b7542122c Adam's Twitter- https://twitter.com/TechBalt Adam's Minds- https://www.minds.com/BitcoinMeister Support the cause if you like what I have to say: BTC: 3HZngc6ASzt3deDm582u8xJRFAwmz7YTwG ETC: 0xb28CD007E0495b34BA6030859030322b7bE8422B Monero: 49broKTMLfFBZtzFFWptyqbuTF4rm7Pp6HZj4ReRuKQf3Z6uFjCbWgs6n4ymX5aYTsczoELGd3vYSD4XUQrjvy3S5qTsN3s LTC: LQm55H4oUCoVPiBd25A4v2jHXLtC9oo9Jg ETH: 0x0feb7bCd89C4Ea0c14FC7D94b9afBDE993034AD5 DASH: Xjcpo8Lh6NKQoV3F12pGpXUiK4XRoQyudN BGold: AN6p1tD2KwRKvhiinprN9wCqGe4KUqPsY5 My latest Steemit post: https://steemit.com/bitcoin/@bitcoinmeister/live-at-10-25pm-est-the-1-bitcoin-show-puerto-rico-update-ico-bribes-no-chargebacks-brhodium-news My Steemit page: https://steemit.com/@bitcoinmeister https://www.youtube.com/c/BitcoinMeister http://disruptmeister.com/ Value of every cryptocurrency- https://www.coinmarketwatch.com Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp Adam Meister is available for an hour long Bitcoin/cryptocurrency consultation where he can walk you through the Trezor installation process and help you move your Bitcoins to the Trezor. He will answer all your questions in that hour. Trezor is just one Bitcoin topic that Adam can help you with, you can ask his advice on anything cryptocurrency related. From marketing and promotion to Altcoins to storage and the buy and hold philosophy. Adam's hourly rate is 0.11 Bitcoin. Feel free to email: Adam AT TrezorHelp DOT com to set up a Skype/phone consultation or to arrange an in person appearance or speaking engagement. Adam is available to speak at conferences around the world. Follow Adam on Twitter here: https://twitter.com/TechBalt Buy your Bitcoin Trezor storage device here: https://shop.trezor.io/?a=c81d29b7bbf1
Views: 1188 BitcoinMeister
BITCOIN WONT REPLACE the USD but will be the INTERNET CURRENCY for the WORLD
 
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PLEASE DONATE BITCOIN or LITECOIN to Support our efforts to waken the masses. BITCOIN: 18TndrqgZfHjPf7vv78jygxKF6vPfG­wA7K LITECOIN: LSxSujEYKCG6T78DrDpnpzwDusgzca­27as BITCOIN WONT REPLACE the USD but will be the INTERNET CURRENCY for the WORLD As 2013 came to an end, many reflected on last year's biggest tech news — and Bitcoin was a serious contender. But the main question remains: why are people interested in Bitcoin? This whole debate reappeared when Charlie Stross stated that "Bitcoin looks like it was designed as a weapon intended to damage central banking and money issuing banks, with a Libertarian political agenda in mind — to damage states ability to collect tax and monitor their citizens financial transactions." Paul Krugman then quoted his post, neither denying nor approving this thought. If major Bitcoin enthusiasts don't have any political agenda in mind, then what is the future of Bitcoin? At its heart, Bitcoin is a cryptocurrency that doesn't rely on any central bank. Bitcoins are just a chain of characters defined by algorithmic rules, and transactions are handled by the network of miners. Yet, in a month's time, the value of a bitcoin went from $200 to more than $1,000 on all the exchanges. In other words, it is as volatile as it can get. Right now, there are only around 12 million of bitcoins in circulation, and many Bitcoin holders are recent converts that buy and sell every day. So how could you think about using bitcoins to pay the rent? You could simply hold your bitcoins and expect to triple your wallet value in a couple of weeks instead. That's why I believe Bitcoin isn't the next world currency. Bitcoin's true purpose is not what everyone originally expected — you won't buy a pizza in bitcoins anytime soon. Moreover, Bitcoin won't be able to remain an unregulated currency for long. So Bitcoin's true purpose lies somewhere else. As Bitcoin is a peer-to-peer payment network, you don't need any banking institution to make large transfers. Bitcoin could become the first meta-currency that sits on top of traditional currencies, the common language between USD and EUR. That's what Dixon finds interesting, Bitcoin is as much a money transfer protocol as a currency. And it has the potential of disrupting the traditional banking system. U.S. Senate informational panels deemed it legitimate. Detractors dismiss it as unstable and a vehicle for criminal trade. China has banned new deposits on its largest exchange. Bitcoin began in 2009 as an electronic payment system and currency allowing for peer-to-peer payments and financial exchanges without financial regulation or a third party, such as a bank. Users establish an online wallet using their local currency and exchange with other bitcoin owners. Recent days have brought headlines about Chinese authorities clamping down on Bitcoin — not wanting various institutions to deal in the digital currency. The latest is that BTC China, the big Bitcoin startup there, announced that it could no longer accept deposits in the local currency. This makes sense. One of the big things that everyone was talking about was how Bitcoin made for the perfect tool to circumvent capital controls (restrictions on getting money out of the country). bitcoin "accept bitcoin" "digital currency" government regulation p2p tech technology price "federal reserve" future foundation euro dollar usd "u.s. dollar" currency forex "bitcoin trading" litecoin "litecoin trading" internet consumer 2013 2014 media news code cryptocurrency "bitcoin mining" "bitcoin wallet" "bitcoin exchange" bank banking trading agenda elite gold silver bullion "sell gold" "gold trading" shopping wallet exchange "united states" u.s. usa america "agenda nwo" 5 years old learn how to supply demand price bitcoin accepted high risk gambling life savings central bank max keiser alex jones infowars gerald celente lindsey williams global currency reset david icke farrakhan speech bitcoin trends So Bitcoin is getting crushed. Not that long ago it was above $1,000. Then it settled into around a $900 area, then it dropped to around $700. Now it's around $500. It seems the growing tensions in Asia (Japan-China sabre-rattling and Indian capital controls) have prompted more great rotation out of fiat and into digital currency as China/India markets open. For the first time ever, the price of one unit of Bitcoin exceeds the price of an ounce of gold... The world currency market has lived through the outgoing year quite calmly. The new year promises moderate strengthening of commodity currencies, including the ruble. But experts have different opinions about the behavior of the main units of payment - the dollar and the euro. As for the new-fangled virtual currencies, which are rapidly gaining popularity, analysts predict that many of the so called cryptocurrencies may disappear.
Views: 487 Bitcoin Trends
Bitcoin Revolution: Investors Seek Alternative Currency Despite Cyber Attacks
 
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Bitcoin Revolution: Investors Seek Alternative Currency Despite Cyber Attacks A denial-of-service attack, in which a website is flooded with massive requests for data, obstructed Bitstamp's ability to check account balances, the exchange said in a statement. Customers can withdraw cash but not Bitcoins, as the company works to fix services, Nejc Kodric, Bitstamp's chief executive officer, wrote in an e-mail. The value of Bitcoin, which can be used to buy everything from Tesla Motors Inc. cars to Gummi bears, was down 1.2 percent at $661.17 at 1:15 p.m. in New York today, according to the CoinDesk Bitcoin Price Index, which averages exchange prices. Mt.Gox, another major online exchange, restored cash withdrawals on Feb. 10 after suspending services last week because of a technical flaw in how service providers reconcile Bitcoin transactions. "This is a nuisance attack," said Andreas Antonopoulos, chief security officer for Blockchain.info, a provider of online wallets for a digital currencies. "Funds have not been lost, and have not been affected. What it's done is slow down their accounting system from reconciling transactions." "Even the designer of the system and other developers were unaware of how the system could be changed," Garzik said in an interview. "All of the wallets will need some level of updates. Precious metals dealers may avoid accepting bitcoin in payment for gold, thanks to regulatory uncertainty, according to industry insiders That's despite a warm welcome from some gold retailers who will happily trade one of the world's oldest and most recognizable currencies for a volatile upstart on the global financial stage. Not wanting the legal hassle of operating a crypto-currency exchange, They presided over Mt. Gox as it went on to dominate Bitcoin trading for more than a year by volume. However, over the past six months, the platform has seen a fall from grace as users have had trouble withdrawing their funds. New troubles emerged in the last couple days again, as Mt. Gox said it was halting withdrawals. The company said it was having problems finalizing transactions because of a perceived flaw in the Bitcoin protocol around "transaction malleability." Other exchanges also halted withdrawals as the Bitcoin Foundation said it was working on a solution to the problem. Bitcoin wallets across the globe came under assault today, resulting in another mini-flash price crash one day after a statement from the MtGox exchange caused prices to fall 20%. "Bitcoin is still secure, the network is still working," he said in an IM, adding that his financial interest in Bitcoin is both literally and figuratively negligible. Don't panic, everything still works." collapse crash bubble ponzi scheme Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and that treating it as a parallel currency is illegal. "Systems for anonymous payments and cyber currencies that have gained considerable circulation -- including the most well-known, Bitcoin -- are money substitutes and cannot be used by individuals or legal entities," the Russian Prosecutor General's Office said on February6. Reddit, Virgin Galactic, and Overstock.com now accept Bitcoin. So do dating site OKCupid and travel site CheapAir.com. Game giant Zynga is now in the testing phase. Two big Las Vegas hotels accept Bitcoin. Now that Bitcoin exchange Mt.Gox has terminally discredited itself following the latest, and likely last, withdrawal [4]halt announced late last week which sent the value of Bitcoin tumbling by 25%, Bitcoin traders are left with just two exchange options on which to transact: BTC-e and Bitstamp. And for those using the former to buy and sell the virtual digital currency, things went from bad to worse a few short hours ago, when Bitcoin had its very own "Waddell and Reed" moment, when the price of Bitcoin cratered by over 80% in the span of seconds, after a modest block of just under 6000 Bitcoins sent the price plunging from over $600 to $102.
Views: 1070 Conspirafied0
What is Bitcoin? - Get $10 of Bitcoin FREE | Bitcoin Documentary
 
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Get $10 worth of Free Bitcoin by signing up with Coinbase here: https://www.coinbase.com/join/57688c8c9a19d801f20000a3 You've heard about bitcoin, but do you really know how this will change the world? The Bitcoin Gospel talks about the history of how Satoshi Nakamoto created the digital currency (cryptocurrency) that changed the world forever. Thinking about investing in bitcoin? Watch this documentary and you will see why we love bitcoin! Experts project that 1 bitcoin could easily reach $5000 within the next few years because there are only 21 million bitcoins that will ever be in circulation. Follow this channel and learn all the best bitcoin investments to get involved with. # bitcoin tutorial # bitcoin investing # bitcoin documentary # bitcoin 2016 # bitcoin programs # cryptocurrency # Satoshi Nakamoto # etherium # alt-coin # litecoin # onecoin # coinbase # blockchain
Views: 167424 Bitcoin Yoda
Demonetization and Bitcoin adoption in India
 
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Bitcoin adoption in India - an update to this video - https://www.youtube.com/watch?v=WBSBxkULP4Y Latest developments: Demonetization to tackle corruption and terrorism – 8 November to end December 2016 - Prime Minister Narendra Modi banned 500 and 1,000 rupee notes with immediate effect - worth about $7 and $15 — 86% of cash in circulation - The economy runs on cash - estimated that between 90 - 98% of all transactions. Ambit Economists - FY18 GDP growth estimate to 5.8% YoY (from 7.3%). Goldman Sachs downgraded its outlook for the 2017 fiscal year, estimating the economy will expand by 6.3% year-on-year, compared with a Bloomberg median estimate of 7.3%. Central Bank have kept interest rate unchanged – 7 December 2016 India is on the brink of a digital revolution with digital payment wallets growing in number - Bitcoin price rockets past $900 and beyond! Remittances into to India - Huge opportunity for migrant workers to send Bitcoin home for profit. Sellers of Bitcoin on LocalBitcoins are quoting prices from $915 to over $1200 per bitcoin - check it out here https://localbitcoins.com/?ch=4hki For live Bitcoin prices go to http://bit-media.org/ Frequently asked questions answered here http://bit-media.org/frequently-asked-questions/ This video was sponsored by Swiss Bank In Your Pocket which is an offline wallet, vault and integrated suite of banking applications for digital currency - safe secure and private. ORDER YOURS TODAY - Click here http://swissbankinyourpocket.com/?ref=5 Connect with us on the Bit-Media Facebook page https://www.facebook.com/bitmediacommunity/ like us and share our posts... let us all educate as many people as we possible can on the new digital economy! Also subscribe to our YouTube channel for a FREE BITCOIN EDUCATION. Thank you for watching our video, share with your friends! -~-~~-~~~-~~-~- Please watch: "Japan Bitcoin Exchange Coincheck will repay Stolen Funds" https://www.youtube.com/watch?v=kUq3LkhMWe0 -~-~~-~~~-~~-~-
Views: 905 Bit Media
Why Coinbase Custody is a BIG deal for Bitcoin and Cryptocurrency
 
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In todays cryptocurrency weekly video, we first start by taking a look at the bitcoin market by examining the weekly performance. We then take a look at Google trends for Bitcoin, Ethereum, Ripple and cryptocurrency. Following the market analysis we take a deep look into Coinbase custody, and the major ramifications it will have on the crypto industry in the future. We finish by taking a look at some big announcements from Ethos, before finishing with a local article on Huobi Australia's new exchange. ✅ My top rated Cryptocurrency Investment Fundamentals course http://cryptocurrencyaus.com/Fundamentals-course 🔗 Links to all content discussed in video https://coinmarketcap.com/all/views/all/ https://coinmarketcap.com/charts/ https://trends.google.com/trends/explore?date=now%207-d&gprop=news&q=bitcoin,ethereum,ripple,cryptocurrency https://blog.coinbase.com/coinbase-custody-is-officially-open-for-business-182c297d65d9 https://en.wikipedia.org/wiki/Cypherpunk https://en.wikipedia.org/wiki/Hashcash https://en.bitcoin.it/wiki/B-money https://en.wikipedia.org/wiki/History_of_bitcoin https://satoshi.nakamotoinstitute.org/emails/cryptography/16/ https://en.bitcoin.it/wiki/Controlled_supply https://www.businessinsider.com.au/bitcoin-pizza-10000-100-million-2017-11?r=UK&IR=T https://www.investopedia.com/university/economics/economics3.asp https://en.bitcoin.it/wiki/Bitcoin_Market https://99bitcoins.com/obituary-stats/ https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#457b3d1862a8 https://www.express.co.uk/finance/city/956686/Bitcoin-price-Charlie-Munger-Warren-Buffett-ripple-cryptocurrency-Berkshire-Hathaway https://custody.coinbase.com/ https://www.inc.com/darren-marble/why-institutional-investors-hold-key-to-cryptocurrencys-1-trillion-dream.html https://cointelegraph.com/news/sec-names-new-senior-advisor-to-oversee-crypto-regulation https://twitter.com/Ethos_io/status/1014926897812312064 https://play.google.com/store/apps/details?id=io.ethos.universalwallet&hl=en_US https://cryptocurrencyaus.com/2018/07/05/huobi-australia-opens-exchange/ 🐨 Cryptocurrency Australia Official Site https://cryptocurrencyaus.com/ 💰 The main exchange I use in Australia to buy Cryptocurrencies http://cryptocurrencyaus.com/CoinSpot 💎 I use the Binance exchange for certain altcoins http://cryptocurrencyaus.com/Binance 📈 I use Independent Reserve to sell Bitcoin & Ethereum http://cryptocurrencyaus.com/independent-reserve 🔐 My hardware wallet is a Nano Ledger S http://cryptocurrencyaus.com/ledger 🔑 I also use the Trezor Hardware Wallet http://cryptocurrencyaus.com/Trezor ✌🏼 Social Media Twitter https://twitter.com/Cryptos_Aus 📩 For business enquiries, please contact us at https://cryptocurrencyaus.com/contact/ 📜 Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Cryptocurrency Australia Media, Crypto Accounts, or the author, may have holdings in the cryptocurrencies discussed. Liability limited by a Scheme Approved Under Professional Standards Legislation.Referrals and affiliate links do earn us commissions but they are products or services we personally use and would not endorse if we did not believe in them :)
BES171/Money#3: Bitcoin Simplified, Blockchain technology how useful in Banking transactions?
 
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- Bitcoin is in news again because of its Blockchain technology, which is now used by ICICI, Yes Banks and others for maintaining ledgers. - What is Bitcoin? Why it was issued? How does it work? How is it used in illegal activities? What is bitcoin mining and hashrate? - What are the applications of bitcoin's blockchain technology for financial transactions? - What is the stand of RBI and Ratan Watal committtee on the blockchain technology? Next lecture: Since demonetization the focus has been on promoting the usage of bank money and digital payments; therefore, next time we'll dwell further into theory and current affairs on these issues, including recommendations of Ratan Watal and Chandrababu Naidu Committees, and Economic Survey for promotion of digital payment, and the recommendation have been implemented in Budget-2017 to reduce cash-transaction. Powerpoints available under Mrunal.org/download - Faculty Name: You know who - Powerpoint available at http://Mrunal.org/download goto Mediafire folder - "Powerpoint" -"1_Economy_Mrunal" - there goto "BES17_Budget_Eco_Survey" and you'll find the powerpoints. - Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS, SBI, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.
Views: 258573 Mrunal Patel
Website of Bitcoin exchange Mt.Gox offline, trader pickets building in Tokyo
 
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The website of major bitcoin exchange Mt.Gox was offline on Tuesday amid reports it had suffered a debilitating theft - a new setback for efforts to gain legitimacy for the virtual currency. The website of Tokyo-based Mt.Gox was returning a blank page. The disappearance of the site follows the resignation on Sunday of Mt.Gox Chief Executive Officer Mark Karpeles from the board of the Bitcoin Foundation, a group seeking legitimacy for the currency. At the Tokyo office tower housing Mt.Gox, bitcoin trader Kolin Burgess said he had picketed the building since 14 February after flying in from London, hoping to get back 320,000 US dollars he had tied up in bitcoins with Mt.Gox. "I am both annoyed and worried," Burgess said. "It seems I have lost all of my money and I am annoyed that the company has been stringing people along for so long, claiming everything has been okay." A "crisis strategy" report shared widely online that purports to be an internal Mt.Gox document says more than 740,000 bitcoins were missing from the exchange, which froze withdrawals earlier this month. It said the theft went unnoticed for several years and turned on disguised withdrawals. A theft of that magnitude would equate to losses of 350 (m) million US dollars at current bitcoin prices, but in practice such a figure is highly uncertain because of Bitcoin's extreme fluctuations in value and its lack of broad acceptance as an alternative to money. The cloud hanging over Mt.Gox is a possible fatal blow to Bitcoin, which was started in 2009 as a currency free from government controls. Supporters have said Bitcoin's cryptography makes it immune to theft or counterfeiting. On bitcoin exchanges, the currency's value has fallen to about 470 US dollars from 550 in the past few hours. Several bitcoin exchanges and related organisations released a joint statement that said they are working to re-establish the trust "squandered" by the failings of Mt.Gox. The bitcoin operators said funds under their control were held securely. Mt.Gox should not be considered a reflection of the value of Bitcoin or the digital currency industry, they said. A security officer at the building in Tokyo said no one from Mt.Gox was in the building. Tibbane, an Internet company of which Karpeles is the CEO, still has its named listed on the building's directory. Bitcoin had been inching toward broader acceptance despite wild swings in value in the past year. For most of the currency's history, each digital coin had been worth less than 10 US dollars. New bitcoins are "mined" or generated by computers. They get harder to generate all the time, which means the inflow of fresh bitcoins keeps falling. There are about 12.4 (m) million bitcoins in circulation today, according to Blockchain, a public registry of bitcoin transactions. The maximum number of bitcoins that can be generated is 21 (m) million and by 2032, 99 per cent of those will have been created. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/74988add51da7cae176bc0dc65ceac0c Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 438 AP Archive
BITCOIN Bank HACKED! $1.1 MILLION worth of CYBER-CURRENCY Stolen! - Still safer than FED notes
 
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BITCOIN Bank HACKED! $1.1 MILLION worth of CYBER-CURRENCY Stolen! - Still safer than FED notes Subscribe here for more Prime Interest, Max Keiser & Financial news: An Australian bitcoin bank holding over US$1 million of the crypto-currency has been hacked, leaving an unknown number of users with nothing -- one of the largest thefts in the currency's four-year history. The incident took place on October 26, when the bank was hacked, with 4,100 bitcoins valued at $1.3 million stolen, the service's operator only known as 'Tradefortress' said. He refused to give his name to the press, also stressing he was not much older than 18. It took the bank's owner two weeks to notify the affected customers. Bitcoin is a decentralized, crypto-currency, free from any government or central bank control. Currency is sold and bought at online exchanges, and those transactions can be virtually anonymous. One bitcoin is currently worth more than $300 on Mt. Gox, the world's largest bitcoin exchange - up from around $50 in March. There are 11,925,700 million bitcoins in circulation. The Sydney man offered the service called Inputs.io, which he claimed was "one of the most secure web wallets on the market." Customers were charged a small fee to keep their bitcoins there. The site used two-factor authentication and location-based email confirmation, and said the page was started to avert "the hack of bitcoins even if the web server was compromised." Some of the hacked money is to be refunded, the operator told Fairfax Media. Tradefortress said he would use 1,000 of his own bitcoins, as well as the money the hackers didn't steal. "Users are being repaid up to 100 percent depending on the amount (sliding scale), generally 40-75 percent," Tradefortress said. The operator indicated the attack was possible due to "a flaw" in the system which allowed the hackers to bypass the protection. Currently, there's a sad face emoticon posted online and a notice that reads "I know this doesn't mean much, but I'm sorry, and saying that I'm very sad that this happened is an understatement." commodity, price, inflation, forex, currency, trading, currency trading, euro, converter, exchange, euros, money, currency rate, currency converters, money, rate, credit, credit consolidation, capital, card credit, creditcard, debit, how do i get a credit report, credit history, report, debit card, credit rating, investment, investment, free credit report, credit line, mortgage, financial, news, cibc. mortgage rates, obama, mortgage relief, mortgage protection, stock exchange, what is apr, online gold trading, forex, gold, gold trade, trade gold, gold mine, price of silver, gold future, gold funds, keiser, max kaiser, forex investment, investment, forex online, investment account, bank, how to, investment funds, bonds, savings, investments, invest, mutual fund, commodities, hedge fund, investment banking, property investment, investment banks. finance yahoo, how to finance your money, finance 101, finance 101 wharton, finance 101 lecture, finance 1, personal finance 101, finance 240 sdsu, finance 201, finance 2014, finance 2, bitcoin finance 2014, finance 301, finance 5 program, finance 5, american economy animation, american economy collapse, american economy collapse 2014, when will american economy collapse, american economy documentary, american economy explained, american economy history, american economy may 2014, american economy shrinks, american economy today, how the american economy works, american economy 1950s, american economy 2014, global economy animation, global economic collapse, global economy documentary, global economy explained, global economy journal, global economy kagundu, global economy mean, global economy news, global economy outlook, global economy pdf, global economy ryan harvey, global economy reset, how does the global economy work, global economy zimmer, global economy 2014,
Views: 1923 ThEconomyy
Bitcoin Feeds Network
 
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The Bitcoin Feeds is a search and resource network for bitcoin and digital currency industry related content. Official Home: http://www.bitcoinfeeds.com Bitcoin app: https://play.google.com/store/apps/details?id=bitcoin.buzz.feeds (click 'show more' to view more official links) Articles: http://bitcoinfeeds.com/articles Contact us: http://bitcoinfeeds.com/contact/ Twitter: http://twitter.com/bitcoinfeeds (@bitcoinfeeds)
Views: 746 AJ BIZ X Network
BITCOIN EXCHANGE MT. GOX COLLAPSE - MtGox Offline Amid Rumours of THEFT. 75k Bitc (English Subtitle)
 
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BITCOIN EXCHANGE MT. GOX COLLAPSE - MtGox Offline Amid Rumours of THEFT. 75k Bitcoins Missing Bitcoin exchange Mt. Gox has received a subpoena from federal prosecutors in New York, the Wall Street Journal reported, citing a person familiar with the matter. Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point," sparking concerns about the future of the unregulated virtual currency. The subpoena was sent this month and asked Mt. Gox to preserve certain documents among other things, the Journal said. Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point," sparking concerns about the future of the unregulated virtual currency. Several other digital currency exchanges and prominent early-stage investors in bitcoin responded with forceful statements in an attempt to reassure investors of both bitcoin's viability and their own security protocols. The website of Mt. Gox suddenly went dark on Tuesday with no explanation, and the company's Tokyo office was empty - the only activity was outside, where a handful of protesters said they had lost money investing in the virtual currency. Hours later, Mt. Gox CEO Mark Karpeles told Reuters in an email: "We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties." He did not elaborate on the details or give his location. Bitcoin has gained increasing acceptance as a method of payment and has attracted a number of large venture capital investors. At a current price of about $517, the total bitcoins in circulation are worth approximately $6.4 billion. Investors deposit their bitcoins in digital wallets at specific exchanges, so the Mt. Gox shutdown is similar to a bank closing its doors - people cannot retrieve their funds. Imagine a world in which you can buy anything in secret. No banks. No fees. No worries inflation will make today's money worth less tomorrow. The digital currency Bitcoin promises all these things. And while it's far from achieving any of them — its value is unstable and it's rarely used — some have high hopes. "There will be alternatives to the dollar, and this might be one of them," said former U.S. congressman Ron Paul. If people start using bitcoins en masse, "it'll go down in history as the destroyer of the dollar," Paul added. It's unlikely that Bitcoin would replace the dollar or other government-controlled currencies. But it could serve as a kind of universal alternative currency that is accepted everywhere around the globe. Concerned about the dollar's inflation? Just move your cash to bitcoins and use them to pay your bills instead. Tired of hefty credit card fees? Bitcoin allows transactions that bypass banks. bitcoin "accept bitcoin" "bitcoin trading" "bitcoin exchange" "mt gox" ceo business shtudown usd dollar "virtual currency" tokyo japan bust secret truth website investor investment company forex "forex trading" crisis lost government control tech technology confidence partnership tax profit network 2014 litecoin news media money cash fees gold silver "gold coin" bullion "gold trading" bank banking "bank account" liberty future agenda savings "savings account" u.s. "united states" usa america "agenda nwo" bitstamp btc-e russia bitcoin atm canada vancouver europe shopping litecoin mining rig transfer money alex jones max keiser lindsey williams global currency reset silver eagle bitcoin price crash bubble scam gerald celente jim rogers Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and that treating it as a parallel currency is illegal. Reddit, Virgin Galactic, and Overstock.com now accept Bitcoin. So do dating site OKCupid and travel site CheapAir.com. Game giant Zynga is now in the testing phase. Two big Las Vegas hotels accept Bitcoin. Congressman Steve Stockman (R-Texas) accepts Bitcoin for 2014 campaign contributions. As does a law firm in Australia. Just in case one was wondering for a reason not to take "Magic: The Gathering Online Exchange" too seriously, here is the latest news that has largely slammed the coffin shut on what was once the largest Bitcoin exchange. From MtGox: "I'm very angry," said Kolin Burges, a self-styled "crypto-currency trader" and former software engineer who came from London for answers after Mt. Gox did not tell him what happened to his bitcoins, which at one point were worth $300,000.
Views: 72 ETH | Ethereum
Daikin Coin DIC Coin , Sucessful Crypto Currency after Bitcoin , Contact to Invest and More Details
 
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DAIKICOIN (DIC) ALL THE WAY FROM OSAKA JAPAN AND UPCOMING OFFICE JBES IN SINGAPORE & HONG KONG. The next generation POW-X-13 Crypto-Currency. DIC Coin STARTS FROM APRIL 2017. IT'S JUST A LAUNCHING IN INDIA AND OTHER 5 COUNTRIES TOGETHER. TODAY ICO PRICE IS 1 DIC "= 1SGD $ SINGAPORE DOLLAR=50RS. AND THEN IT WILL RISE IN MONTHS AND YEARS FOR SURE AS IT HAS A REAL PLANNING & MANAGEMENT AND TRADING TEAM LIKE BITCOIN. IN FIRST 3 -4 YEARS MEANS UP TILL 2021. IT WILL MAKE USER BASE IN ALL POSSIBLE REGIONS. THERE IS NO PARTICULAR MIN OR MAXIMUM INVESTMENT AMOUNT. YOU CAN START AS SMALL AS 1SGG=50RS. BUT FOR TAKING MAXIMUM BENEFIT OF CLOUD MINING BENEFITS FROM THE MINERS. FOLLOWING ARE THE PACKAGES. Minimum Investment: $100 SGD Maximum Investment: $20000 SGD Mining Bonus - 0.75% daily, compounding, Means 26.50% monthly. 👉 DAIKI Coin will be traded on yobit, c-cex and other altcoins exchanges and *it's own exchange.* 👉 Daiki coin is not related to network marketing like others. It's having simple referral level income program from miners end. But still you can earn much more in this referral program and plan. 👉 especially there is no locking period like other plans. So more viable and suitable for investors. You can withdraw your principal coins anytime. Best for investors who wants to invest in midterm commodities with highest returns like no other assets. 👉 there is no limit to buy and sell DIC Coins. You can buy any numbers of coins. 👉 there is no need to go to bank to buy Daiki coin, You can buy online from any exchange or from miners. 👉 so friends do not delay anymore to buy DIC, as long as you delay, you have loose your pocket more to buy DIC. So buy now in ICO Rate. *join with team history creators and ready to become a part of new history* www.daikicoin.org https://www.daikicoin.com/membercoin/[email protected]
Views: 2940 alpesh zalavadiya
Mt. Gox: Solving the Mystery of Bitcoin’s Biggest Disaster I Fortune
 
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Mt. Gox’s Mark Karpelès is dedicating his life to righting the wrongs of his company’s collapse in 2014. Subscribe to Fortune - http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100 Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live settings, hosting a wide range of annual conferences, including the FORTUNE Global Forum. Website: http://fortune.com/ Facebook: https://www.facebook.com/FortuneMagazine Twitter: https://twitter.com/FortuneMagazine Fortune Magazine is published by Time Inc.
Views: 1074 Fortune Magazine
WoW - Dogecoin The #1 Cryptocurrency
 
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Feel free to tip: DP87KcAoKnUULYJUMYGN5tqU52mVf86o8J Thank you! Dogecoin, is a cryptocurrency that features the Shiba Inu from the "Doge" Internet meme on its logo.It was introduced on 8 December, 2013. Dogecoin has a fast initial coin production schedule, compared with other cryptocurrencies. There will be approximately 100 billion coins in circulation by the end of 2014. Thereafter, 5.2 billion coins will be produced per year. As of the 1st of February 2014, 40,578,746,592 Dogecoins have been mined. While there are currently few commercial applications for Dogecoin, the currency is gaining traction as an Internet tipping system, in which social media users grant Dogecoin tips to other users for providing interesting or noteworthy content. Dogecoins are associated with the motto "To the moon!" Here to Start: http://dogecoin.com The Largest Dogecoin Community: http://www.reddit.com/r/dogecoin Here if you want to buy some Dogecoin (Only Buy From Trusted Sellers with Feedback): http://www.reddit.com/r/dogemarket http://doges.org/index.php?board=11.0 It is The Hottest Cryptocurrency, and it's happening right now, don't miss the train!
Views: 16879 Dogecoin To The Moon
WOW! TONS OF OLD COINS FOUND IN THIS $25 BOX OF PENNIES! COIN ROLL HUNTING PENNIES | COIN QUEST
 
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COIN ROLL HUNTING PLACEMATS ARE ON SALE NOW! These placemats are perfect for coin roll hunters! They tell you what coins to look for and give you a general idea of how rare each coin is. They're also perfect for doing your own coin roll hunting competitions with family and friends! Head over to http://www.quinscoins.com to get one (or two) today! In this episode of Coin Quest, we are coin roll hunting pennies in search of interesting and valuable coins! These boxes have been amazing! We got a TON of old pennies, including some seriously outdated Canadian coins. Let's see how far we can fill this collection! Have a question? Send me an email at [email protected] New to the channel? Check out these playlists I made for you! COIN ROLL HUNTING COMPETITIONS: http://bit.ly/2mwt8Ac SEARCH FOR SILVER SEASON 1: http://bit.ly/2bkcyfH ORIGINAL COIN ROLL HUNTING ADVENTURES: http://bit.ly/2EHzvbh DETECTING SEASON 1: http://bit.ly/1s0WiZ6 COIN QUEST: PENNIES: http://bit.ly/2nelHiq More Playlists: SEARCH FOR SILVER SEASON 2: http://bit.ly/2FFawH8 DETECTING SEASON 2: http://bit.ly/2DgQNPz DETECTING SEASON 3: http://bit.ly/2rbyNBx QUIN’S COIN TUTORIALS: http://bit.ly/2Dy2vDf SEARCH FOR COPPER: http://bit.ly/2r6hC4a BANK TELLER VIDEOS: http://bit.ly/2D4U8Oa CLICK HERE TO SEE ALL QUIN’S COINS PLAYLISTS: http://bit.ly/2EJBR9H Stay up to date on everything Quin’s Coins by following me on social media! TWITTER: https://twitter.com/quinscoins FACEBOOK PAGE: http://bit.ly/2dcCsa0 INSTAGRAM: http://bit.ly/2gB6rf8 REDDIT: https://www.reddit.com/user/Rryanq/ Interested in Bitcoin? Sign up for Coinbase (Awesome way to Buy/Sell/Store Bitcoin/Etherium/Litecoin) and get $10 worth of Bitcoin with your first $100 deposit: https://www.coinbase.com/join/5a259f7eca84f2012560a15a MY GEAR Coin Roll Hunting Supplies Penny Placemat (order 1): https://www.paypal.me/quinscoins/15 Penny Placemat (order 2): https://www.paypal.me/quinscoins/25 Lincoln Cents Album: http://amzn.to/2BHyFOC Jefferson Nickel Album: http://amzn.to/2BZwTDY Penny Tubes: http://amzn.to/2EqHr4w Nickel Tubes: http://amzn.to/2nMGR6L Gloves: http://amzn.to/2se06LJ Technical Supplies Primary Camera: Canon EOS t2i Rebel: http://bit.ly/2Eo3rgc Lens: EF-S 18-55mm IS Lens: http://bit.ly/2nOAhfJ Microphone: Rode VideoMic Pro: http://bit.ly/1P2pp6t Secondary Camera: Iphone 6: http://bit.ly/1M7i2WE Lens: Moment Original Wide Lens: http://bit.ly/2oC70n0 Webcam: Logitech HD Pro Webcam C920: http://amzn.to/2BHWkhx Microscope: Plugable USB 2.0 Digital Microscope: http://amzn.to/2E7ajPG Tripods: Joby GorillaPod Original: http://bit.ly/2GS6dbZ Iphone Tripod: http://amzn.to/2scc48H Editing Software: Movie Studio Platinum: http://bit.ly/2E64wKj Quin’s Coins is your home for treasure hunting of all kinds. On this channel, we do coin roll hunting, coin collecting, metal detecting, silver stacking, flea market hunting and more! New videos/streams every week!
Views: 6796 Quin's Coins
Politics of Bitcoin- Africa is not a charity case: Empower nations like Angola by bringing in BTC
 
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The politics of Bitcoin series will help bring attention to political situations that directly influence the ability of the Bitcoin community to expand and be productive. Today I talk about how Bitcoin can be used to free nations from economic slavery. Africa should not be considered a charity case (although Bitcoin is great for funding worldwide charities and keeping them honest), instead the Bitcoin community should target a nation like Angola and try to get Bitcoin into circulation there so citizens can circumvent capital controls and other forms of economic slavery. Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp Follow Adam on Twitter here: https://twitter.com/TechBalt Bitcoin- Escape from the EBT Card/Obamacare/welfare/slave/dollar/Fed system. Support the cause if you like what I have to say: BTC: 1EGBH4tLUQKuVg9rNSr1RvYe5qRssG5Lrk LTC: LaFAfLv9XoadM3kPDpMoPKcxHWYQop8uSs
Views: 104 BitcoinMeister
Comment INVESTIR dans le BITCOIN ?
 
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Dans cette vidéo on découvre ce qu'est le Bitcoin et comment investir dans le Bitcoin. C'est Fabien du site argenpassif.com va tout nous comment ça fonctionne. Vous allez tout savoir sur ce que c'est, comment en acheter, et comment les faire fructifier. ----------------------------------------------------------------------------------------- FORMATION 1 : BITCOIN TRADING SUCCESS - Pour passer au niveau supérieur avec les cryptomonnaies : https://vivre-de-son-site-internet.com/bit-trading/ FORMATION 2 : 7 altcoins pour 7 fois plus de rentabilité - Découvrez les 7 cryptomonnaies qui vont décupler votre rentabilité : https://vivre-de-son-site-internet.com/7altcoins7x/ FORMATION 3 : FORMATION BITCOIN SUCCESS - DÉCOUVREZ UN INVESTISSEMENT DE NICHE À HAUT RENDEMENT ET APPRENEZ À INVESTIR EN TOUTE SÉCURITÉ : https://vivre-de-son-site-internet.com/bit-success/ FORMATION 4 : Découvrez toutes les stratégies et les techniques qui m'ont permis de générer entre 1500 et 6000 euros par mois grâce aux crypto-monnaies pendant plus de 2 ans ! : https://vivre-de-son-site-internet.com/elite-bit/ ======================= ☛ ★ Comment me suivre : ======================= 1. Retrouvez-moi sur mon site Web ici : http://vivre-de-son-site-internet.com/ 2. Abonnez-vous à la chaîne Youtube ici : http://www.youtube.com/c/MaxenceRigottierBlogueurprofessionnel/videos?sub_confirmation=1 3. Likez ma page Facebook ici : https://www.facebook.com/jmrblogging/ 4. Retrouvez-moi sur SNAPCHAT : maxrigottier 5. Retrouvez-moi sur SoundCloud : https://soundcloud.com/user-341512803 6. Retrouvez-moi sur Itunes : https://itunes.apple.com/fr/podcast/business-en-ligne-maxence-rigottier/id1283581846?mt=2 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Récapitulatif de la vidéo ▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L'investissement dans le Bitcoin, comment cela fonctionne ? Le Bitcoin est une monnaie Electronique décentralisée. C'est un système qui s'auto gère et ne dépend pas du système bancaire actuel. Il n'y aura pas plus de 21 millions de Bitcoins en circulation dans le monde. C'est une monnaie refuge pour l'air numérique. Les flux financiers du BitCoin fonctionnent via des serveurs sur internet décident de rajouter des transactions sur la Blockchain qui est le journal comptable des transactions du monde entier en temps réel. Pour quelle raison c'est limité à 21 millions de Btc : La personne qui a inventé ce protocole crypté, à livré le code sur Internet et de la est né le BitCoin. Initialement, il n'y avait que ce nombre précis mis à disposition. Comment acheter du Bitcoin et comment le vendre ? Il y'a plusieurs sites existants. (CoinBase, LocalBitcoin, Kraken, CoinHouse) Il existe la Maison du BitCoin qui est implantée à Paris et qui permet d'acheter cette crypto monnaie. Cependant faites attention aux frais (environ 2%) Il existe aussi des distributeurs automatiques de BitCoin (BitCoin Map, BitCoin Radar) Comment utiliser les Bitcoins ? La façon la plus simple est d'installer un Wallet (portefeuille electronique) sur votre téléphone, cela permet de rapatrier sa crypto monnaie sur son application et les recevoir dans son Wallet. Il est parfois possible de payer chez des commerçants qui acceptent les Bitcoins (via des QR codes affichés à votre écran de smartphone) Est ce que je dois investir dans le BitCoin ? Le cours étant très volatile, il faut avoir les nerfs solides. Sur le long terme, achetez un petit peu tous les mois. Laissez fructifier. Achetez aussi lorsque le cours chute. Le BitCoin a été le premier a émergé dans la crypto monnaie. Plusieurs autres monnaies virtuelles existent. ================ Lien de la vidéo ================ https://youtu.be/4NjPOZ5gwu8
American Monetary History and Bitcoin's Future
 
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According to the creators of the Federal Reserve, its chief purpose was to preserve the value of the dollar. Yet since the Federal Reserve was created a century ago, the U.S. dollar has lost more than ninety percent of its purchasing value. Something similar happened to the Roman Empire's currency, the denarius -- but it took a much longer period for it to lose its value. With the Federal Reserve creating more than $85 billion a month in the name of "quantitative easing," that devaluation will continue. It's not well known that until the mid-19th century, there were many privately issued currencies in the United States. Congress did have the power to coin money -- which is to say, to establish standards to regulate the quality of money in circulation. However, the federal government didn't take control over the currency until 1862, when it enacted the first legal tender law, through which the federal government claimed a monopoly on the creation of money -- a power it then delegated 51 years later to the private Federal Reserve System. The continuing debasement of the dollar illustrates the dangers of allowing government -- or its officially licensed cartel, the Federal Reserve -- to define money and control its supply. As the dollar continues to shed its value, and to lose credibility as the world's reserve currency, countless people -- including governments, investors, and common citizens -- are looking to alternatives. These include gold and silver, which are time-honored as stores of value -- but there are other candidates as well. What are some of the alternatives to the fiat dollar? Is the dollar doomed? If it is, what will replace it? And why does government have to be involved in money at all? We'll discuss these questions with economist and historian Jeffrey Tucker, the executive editor of Laissez Faire Books and a Distinguished Fellow for the Foundation for Economic Education. http://www.ebuybitcoin.net
Views: 1437 eBuy Bitcoin
Virtual currency bubble begins to burst
 
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Sign up for a free trial of News Direct's animated news graphics at http://newsdirect.nma.com.tw/Reuters.aspx The value of Bitcoin, a digital currency that was created four years ago, suffered a sudden crash in value this week. Bitcoins have surged in value almost 20-fold this year, but plunged 60 percent on Wednesday in just five hours. They hit US$266 earlier in the day, dropping to $105 in afternoon trading before bouncing back the next day, fluctuating around 35 percent below the $266 high point. Bitcoin is a currency created by an anonymous hacker. It aims to eliminate the need of a third-party to mediate online transactions. Bitcoin users trade anonymously as the currency is transferred between addresses. Each address is a randomized string of 25 to 34 characters. Cash is required in order to acquire Bitcoins. Users can exchange traditional currencies, such as US Dollars, Australian Dollars and Euros for Bitcoins via online trading accounts. Another way of acquiring Bitcoins is through "mining". Bitcoin-mining means users have to generate the number that the Bitcoin network is looking for by running a software called Bitcoin Miner. Twenty-five Bitcoins will be rewarded to each successful decryption. The total number of Bitcoins will never exceed 21 million. Currently, there are around 11 million Bitcoins in circulation and 25 new bitcoins are produced every 10 minutes. This animation explains how Bitcoins are acquired and how to perform online transactions.
Views: 504 News Direct
Who Controls All of Our Money?
 
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Subscribe here: https://goo.gl/9FS8uF Check out the previous episode: https://www.youtube.com/watch?v=vtXybjiR3vY Become a Patreon!: https://www.patreon.com/ColdFusion_TV Hidden Secrets of Money: https://www.youtube.com/watch?v=DyV0OfU3-FU Hi, welcome to ColdFusion (formerly known as ColdfusTion). Experience the cutting edge of the world around us in a fun relaxed atmosphere. Sources: http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf The Creature From Jekyll Island: A Second Look At The Federal Reserve (1994) - G. Edward Griffin The Money Masters (1996) - William T. Still https://www.theguardian.com/commentisfree/2014/mar/18/truth-money-iou-bank-of-england-austerity http://positivemoney.org/how-money-works/how-banks-create-money/ Graham Towers full written interview http://www.michaeljournal.org/articles/social-credit/item/money-is-created-by-banks-evidence-given-by-graham-towers Paul Tucker Quote: http://www.bis.org/review/r071217f.pdf Marriner eccles Quote : http://www.mindcontagion.org/banking/hb1941.html James. A. Garfield: http://www.goodreads.com/quotes/288058-whoever-controls-the-volume-of-money-in-our-country-is Central Banks put in place after 2000: http://www.activistpost.com/2012/09/state-owned-central-banks-are-real.html //Soundtrack// 0:00 NGHTMRE & A-F-R-O - STRONGER 1:10 Giyo - Are the Animals Gone 2:20 Nanobyte - Honour 6:12 Afterlife - 5th & Avenida 8:30 Kidnap Kid - Moments (feat. Leo Stannard) 9:38 Jakatta - American Dream [Afterlife Mix] 10:43 3rd Core - Mindless And Broken (MJ Cole Mix) 11:39 Aphex Twin - Xtal 12:20 Be Major - Miss Words (Patty Kay Remix) 13:44 Nova Nova - Tones 15:47 Maths Time Joy - Walk With Me 17:13 Ef - Två 18:08 Chasing Dreams - I See You From The Clouds (feat. moshimoss) 20:30 Balam Acab - Motion » Google + | http://www.google.com/+coldfustion » Facebook | https://www.facebook.com/ColdFusionTV » My music | http://burnwater.bandcamp.com or » http://www.soundcloud.com/burnwater » https://www.patreon.com/ColdFusion_TV » Collection of music used in videos: https://www.youtube.com/watch?v=YOrJJKW31OA Producer: Dagogo Altraide » Twitter | @ColdFusion_TV
Views: 986459 ColdFusion
What is Bitcoin - Part1
 
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What is Bitcoin -Part1 Bitcoin has been in the news the last couple of weeks, but a lot of people are still unaware of them. Could Bitcoin be the future of online currency? This is just one of the questions, frequently asked about Bitcoin. How Does Bitcoin Work? Bitcoin is a type of electronic currency (CryptoCurrency) that is autonomous from traditional banking and came into circulation in 2009. According to some of the top online traders, Bitcoin is considered as the best known digital currency that relies on computer networks to solve complex mathematical problems, in order to verify and record the details of each transaction made. The Bitcoin exchange rate does not depend on the central bank and there is no single authority that governs the supply of CryptoCurrency. However, the Bitcoin price depends on the level of confidence its users have, as the more major companies accept Bitcoin as a method of payment, the more successful Bitcoin will become. Benefits and Risks of Bitcoin One of the benefits of Bitcoin is its low inflation risk. Traditional currencies suffer from inflation and they tend to lose their purchasing power each year, as governments continue to use quantative easing to stimulate the economy. Bitcoin doesn't suffer from low inflation, because Bitcoin mining is limited to just 21 million units. That means the release of new Bitcoins is slowing down and the full amount will be mined out within the next couple of decades. Experts have predicted that the last Bitcoin will be mined by 2050. Bitcoin has a low risk of collapse unlike traditional currencies that rely on governments. When currencies collapse, it leads to hyperinflation or the wipeout of one's savings in an instant. Bitcoin exchange rate is not regulated by any government and is a digital currency available worldwide. Bitcoin is easy to carry. A billion dollars in the Bitcoin can be stored on a memory stick and placed in one's pocket. It is that easy to transport Bitcoins compared to paper money. One disadvantage of Bitcoin is its untraceable nature, as Governments and other organisations cannot trace the source of your funds and as such can attract some unscrupulous individuals. Article Source: http://EzineArticles.com/8395320 Resources: https://bitcoin.org/en/ http://en.wikipedia.org/wiki/Bitcoin http://www.bitcoin.com/ http://bitcoincharts.com/ http://bitcoinfoundation.org/ Disclaimer: This video does not represent "Bitcoin" officially. This video tutorial is solely for educational purpose only. Credits to Udemy Related searches: bitcoin,bitcoins,bitcoin mining,bitcoin price,bitcoin trading,bitcoin trading platform.bitcoin trading bot,bitcoin trading sites,bitcoin miner,bitcoin documentary,bitcoin explained,bitcoin mining online,bitcoin share price,bitcoin2015
Views: 42 ng kean jin