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Bitcoin Cash – The New King of Cryptocurrency

August J, 2017

Bitcoin Cash – The New King of Cryptocurrency Less than a month ago, a few new lines of code and a verbal agreement forked the Bitcoin blockchain, creating a newer, more nimble version called Bitcoin Cash. Since its arrival on Aug. 1, the infant cryptocurrency has more than doubled in value from $300 to a price north of $600, and investors are now wondering if its popularity poses a serious threat to the Bitcoin throne. Bitcoin Cash is essentially a…

Miners Are Milking Bcash’s Difficulty Adjustments

August J, 2017

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Miners Are Milking Bcash’s Difficulty Adjustments Bitcoin Cash (Bcash or BCH) has been more profitable to mine than Bitcoin (BTC) on multiple occasions over the past week or two. This is creating a new dynamic within Bitcoin’s ecosystem — one which is not really beneficial for either coin. In Bitcoin Magazine's previous article on this topic, we explained why Bcash mining should normally not affect Bitcoin too much, aside from the incidental higher fees and slower confirmations. We also…

Cryptocurrency Trading Helps Make Traditional Wall Street Traders Millionaires

August J, 2017

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Cryptocurrency Trading Helps Make Traditional Wall Street Traders Millionaires Wall Street’s traders Mike Komaransky and Chase Lochmiller have achieved greater financial success by trading cryptocurrencies like Bitcoin and Ethereum. They’re the only ones withdrawing their funds from stocks. In fact, CNBC reports that many stock traders are pulling out their billions from the stock market. One of the traders, Komaransky, has reportedly done so well that he already announced his retirement at the age of 38 in the summer of…

Monero Price Up 15% as World’s Largest Cryptocurrency Exchange Prepares Integration

August J, 2017

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Monero Price Up 15% as World’s Largest Cryptocurrency Exchange Prepares Integration Monero, the world’s second largest anonymous cryptocurrency, is up 22 percent again today, on August 26. For many years, Monero has been regarded as one of the few cryptocurrencies that is highly legitimate, backed by an experienced and talented development team. It had no pre-sales or controversial mining deals for its miners. The Monero development and community have shown unity since it forked off from Bytecoin, with almost…

Standpoint Founder – Bitcoin Asset Class Will Grow Into $2 Trillion Market

August J, 2017

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Standpoint Founder – Bitcoin Asset Class Will Grow Into $2 Trillion Market Forget $5,000. At a time when many are making short-term bets on the price of bitcoin and other cryptocurrencies, one bitcoin bull is going a step further. Ronnie Moas, founder of Standpoint Research, is making the case cryptocurrencies will not only be a decade-long trend, but a viable asset class. In fact, he's going so far as to call for a massive rise in the market cap…

1,000 Universities: IBM’s Ambitious Plan to Fill Vacant Blockchain Jobs

August J, 2017

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There's a staffing problem in the blockchain industry: simply, there are too many open positions and too few blockchain specialists. Now, to help meet that rapidly increasing demand, IBM is partnering with Baruch College, Fordham University, University of Arkansas, University at Buffalo and the University of British Columbia to establish a series of grants, design blockchain curricula and more. In addition, IBM has added new blockchain resources to it's IBM Academic Initiative, an ambitious effort that opens resources from the global tech giant to…

No it is not New Years Eve but here is a promise I am making

August J, 2017

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What is it with working online that is so great … the possibility of flexible hours, working on cutting edge technlology projects, meeting thousands of people spread across the globe ??? That of course does happen but at what cost to your sanity? I have met some amazing people online, that is a fact, but I have also met some real assholes and snakes too. From unfilled promises, to downright abuse of trust is the tip of the iceberg. I…

$154 Billion – Bitcoin Price Rally Carries Crypo Markets to New Record

August J, 2017

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$154 Billion – Bitcoin Price Rally Carries Crypo Markets to New Record The bitcoin price rallied on Wednesday, leaping 9% to cross $4,200. The wider crypto markets followed bitcoin’s lead, with 93 of the top 100 cryptocurrencies marching into positive territory for the day. This near-universal advance added more than $10 billion to the total cryptocurrency market cap. After entering the day at $142.5 billion, the total value of all cryptocurrencies burst through the $150 billion threshold to set a…

Estonia could offer âestcoins’ to e-residents

August J, 2017

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Estonia could offer ‘estcoins’ to e-residents The proposal to issue crypto tokens would make the Republic of Estonia the first country with an Initial Coin Offering (ICO). What would happen if a country, such as Estonia, issued its own crypto tokens? This radical question is at the heart of an ambitious new proposal that, if implemented, has the potential to benefit both the country and its fast growing community of e-residents. ‘Estcoins’ could be managed by the Republic of Estonia,…

Cryptocurrency Mining – What It Is, How It Works And Who’s Making Money Off It

August J, 2017

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Cryptocurrency Mining – What It Is, How It Works And Who's Making Money Off It NVIDIA Corporation's second-quarter earnings released earlier this month, though exceeding expectations, elicited cautionary reaction from the investor as well as analyst communities. Traders bid down the stock by over 5 percent on Aug. 11. One of the reasons cited for the negative reaction was cryptocurrency contributing to much of the outperformance. Why should it be a cause for alarm? Analysts Blayne Curtis and Christopher…