Bitcoin Exchanges and China"s PBOC Meeting

China’s PBOC Meeting With Bitcoin Exchanges: On A Bright Side?

The price of Bitcoin has been growing steadily in what seems to be a recovery from the setback it suffered on Wednesday, January 18 following reported allegation of irregularities in the operations of major exchanges in China by the People’s Bank of China (PBOC).

Officials of the Bank had met with key exchanges – BTCC, OKCoin and Huobi – on January 11 to remind them of their responsibility to conduct their activities according to the laws of the country. The news of the meeting dipped the price of Bitcoin from the $916 range to as low as $761 due to panic selling which emanated from fears that the onsite inspection could jeopardize investment in the digital currency.

However, after a review of messages from all indications – the PBOC, the exchanges and cryptocurrency insiders, nothing new came out of what was misconstrued for a ban in some quarters aside reiterating what the Chinese government had earlier established about Bitcoin and other digital currencies not being legal tender in China.

It is not new for a ban on cryptocurrency-related activities to come to mind when it comes to China as the country is estimated to be handling about 90% of the world’s Bitcoin operations and holdings. This is a view that has been held for long and hinged on the need for the digital currency’s distribution to be considered a geopolitical risk exposure.

The PBOC’s involvement in bitcoin trading could lead to regulation of the industry. Image from Shutterstock

Rather than a ban in this instance, the government called for a “self-examination” which, in retrospect, means the exchanges and other stakeholders’ need to manage the digital currency’s price fluctuation responsibly owing to the price sudden rise in the first few days of 2017.

The CEO of Decent, Matej Michalko, blamed the “bad players” for the situation. He says in a chat:

“The heated discussion about BTCC compliance with People’s Bank of China showed a palpable misunderstanding of context. The point was to adopt the set of regulatory policies called AML/KYC, that calls for detailed anti-corruption due diligence information sharing and anti-money laundering. Bitcoin came under fire because of the outright abuse of the technology. Various people avoided capital outflow laws and transferred large sums of money, what grabbed the attention of financial agencies. Fault isn’t precisely on the state, nor currency itself, but on the bad players.”

The Chinese government’s expressed concern seems to indicate that it wants to see the price of Bitcoin remain stable. And that was what has been seen in the market for the following days. After the dramatic drop, the price started building up again from January 13 moving between the $801 and $831 range for four days when Theresa May’s speech on the Brexit plan triggered interest in Bitcoin.

It gained more than $80 in the less than 24-hours that followed until the news came out that the results of the PBoC probe into China exchanges would be released on Friday, January 20. The $913 height was back to $864 but has been climbing back to $877 (according to CoinMarketCap) as at the time of this writing.

While it is clear that China has not come down hard on Bitcoin and its recent involvement could be seen as a legitimate concern that could obliquely publicize Bitcoin as recognized by the government, what would happen in the next few days would be critical for Bitcoin owing to the caution that is being exercised presently by the three most influential exchanges in China as well as observing Bitcoin investors.

It is unclear whether the price stability that is currently at play will be sustained for longer to bring about the real growth that is anticipated in the long term based on predictions that 2017 would be a better year for Bitcoin. However, what is clear is that the quick spike to over $1000 in the first five days of the year has put all the major stakeholders on alert and we just have to wait to see what the year would bring for Bitcoin.

Source: https://www.cryptocoinsnews.com/pboc-bitcoin-exchanges-bright-side/

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Dennis Roeder

Markethive Member

skype: daroeder

Steven Cavan

The Rise of CryptoCurrency

The world is changing. FAST

Worldwide, we are becoming more and more interdependent

on each other everyday.

Anyone who is informed about cryptocurrency knows that

it is the future of world commerce.

Although many cryptocurrencies exist already, all but a handful

of coins are merely bitcoin copies which have deficiencies with

respect to transaction speed necessary for use in daily commerce.

Those inside the cryptocoin scene know, when the copycat

coins have come and gone, that there will be a handful of

coins remaining that will provide everyday use cryptocurrency

to the entire world.

They are, bitcoin (BTC), Ethereum (ETH), Ripple (XRP), NXT, 

and the soon to launch MyCryptoCoin (MCC).

Thankfully, during growth our members have enjoyed

enormous gains every step of the way.

Of these top few, MCC is the coin designed for mass distribution

and usage due to its “heavy load” blockchain technology that

improves its lightning speed performance with each new user.

This separates MCC from the rest, making it a perfect fit for 

everyday transactions.

MCC features a Universal wallet which allows for worldwide

bridge payments and transactions using any type of currency

including fiat paper money, electronic payment systems, and

cryptocurrency.

Advanced capabilities in smart contracts, micro-services, and

decentralized applications are a few of the amazing possibilities

interwoven within the MCC core technologies.

Take the first step now by registering your interest at  http://wavefour.cryptocoin20.com/

Then remember to come to our webinar @ 1400Hr hrs MT on Monday 26th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars Every Day: For times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

Steven Cavan

Make Money with Cryptocurrency

The past few day has seen bitcoin reaching towards the $1,000 per coin level after more than doubling its value this year. People in the know have been transfering some of their saving into Cryptocurrency to ride the wave. Citizen in the like of India, Venezuela, Brazil, Nigeria have started to purchase coins to protect themselves from losing their savings as government play around with fiat currencies declaring some notes as no longer legal tender. The Philippine government is thinking about its need to license exchanges in its country where many overseas workers  use bitcoin so send money to their families, rather than expensive bank transactions. Banks are starting to get concerned and are starting to look at blockains,. the software technology  behind Cryptocurrency to protect their business.

Now the question is  if you have money in you bank, is now the time to buy bitcoin. $1,000 is a barrier which may take a month or or more to breach with bitcoin trading at $847-915. In the longer term the coin is expected to rise.  The problem is that Bitcoin is not perfect and will not become a mainstream product until it resolves its latency issues, because commerce  in this fast moving world and cannot afford to wait minutes or hours for transaction to be completed. Time is Money.

One short/ long term option is to place your savings into another coin which is running a crowd funding campaign and ICO for mycryptocoin (you can see a white paper here) This coin has not only resolved the latency issue but will revolutionise the way customers wallets work. The tokens are valued at $0.1 but on first day of trading coins will trade at $1.0. If you put your money into the crowdfunding project the gains will be enormous however due to the fact the project closes at the end of the month you need to take action  now to complete the purchase of tokens.

Take the first step now by registering your interest at  http://wavefour.cryptocoin20.com/

Then remember to come to our webinar @ 1200Hr hrs MT on Friday 23rd December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars Every Day: For times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

 

Steven Cavan

Will Latency Slow Bitcoins Rise?

 

Will Latency Slow Bitcoin Rise

Yes bitcoin has doubled in value over the past year, however as more people turn to bitcoin then more miners are required to ensure transactions are completed quickly. China has a large share in mining pools, however in the past months some pf them have been shutdown for stealing electricity to power the computers required to solve the mathmatics which builds blocks in the blockchain. the longer it takes to produce blocks the slower the transaction becomes.

There has been talk of fork to update the blockchain but there is no consences for this. Implimentation might also prove challenging due to its widespread distribution which perversly adds to it security.

Waiting in the wings is a new coin Mycryptocoin (MCC), which brings together the best of bitcoin and ether, but using Proof Of Stake(POS) to replace mining as all coins will be allocated at launch. Smart contract and application csn be run on the blockchain. Owners walletscan hold MCC and these can be brought and sold within the wallets with links to all other ccyptocurrencies, banck accounts, cards and other payments sytems such as paypal. Truely a one stop wallet complete with its own Visa card.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

 

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then remember to come to our webinar @ 1000 and 1300Hr hrs MT on Thursday 22rd December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars Every Day: For times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

Steven Cavan

Time is running out to complete MYCryptoWorld ICO

Time is running out to complete MYCryptoWorld ICO

MyCryptoWorld is a crowdfunding venture, behind the ICO launch, which closes on the 31^st December and the billion mycryptocoins will be fully allocated in January to people holding it tokens.

The ICO has to be paid in bitcoins which may require payment by wire or international transfers which can take a number of days, on top of that you may need a wallet or wish to to use a cryptocurrency exchange to purchase bitcoins a the best price.

If you are interested in the ICO you need to take action now

Living in the UK or Europe I would open an account with Kraken.

For the USA I recommend Gemini

Both of these will take 1-3 days to verify your email, phone,ID and where you live needing for example passport,driving licence, Social security no (USA) and a recent utility bill or bank statement (kraken).

Exchanges only accept payment by wire so this again can delay you by up to 3 days before you can purchase bitcoins.

One alternative is to open up a blockchain wallet which takes a day to become verified after which you can purchase up to £200 of bitcoins a day via credit card instanltly or large amount via wire transfer requiring 3-4 working days.

The value of Bitcoin is on the rise so even if you miss the ICO deadline you will have a cryptocurrency which you can iether use or sell later at a profit.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

 

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then remember to come to our webinar @ 1000 and 1300Hr hrs MT on wednesday21^th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars everyday days: For times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

Steven Cavan

Bitcoin Investing A Smart Long Term Move

Bitcoin Investing, A Smart Long Term Move

Source: http://howtomakemoneywithbitcoin.net/investing-in-bitcoin/

We"re going to talk about Investing in bitcoin, and if it’s a smart play or not. There’s a few factors at play other than the price of bitcoin that you should be aware of before making your decision. We’ll also cover a few ways to invest in the digital currency.

Bitcoin has been one of the most amazing currencies to watch in the history of mankind.

First of all, the value of Bitcoin is only as strong as the trust that the Bitcoin community places in it, which means it holds an intrinsic value and not a real value such as gold, silver or land. Those commodities will always hold value, and can be traded no matter what happens in the world. If someone were to pull the plug on our power grid, bitcoin would literally become absolutely worthless in an instant. So would paper currencies however, so their existence has actually provided precedence for the creation of the new digital currency.

So while the faith we maintain as a society in our technological advancement grows, it also paves the way for this new phenomenon of Bitcoins and all other alt-coins.

The value of a single bitcoin rose quickly in 2013 to a record $1200 per bitcoin. This was mainly due to a large number of quick profit opportunists jumping on the new gold rush. It’s value has since fallen to less than half of it’s high, while the world still tries to figure out what exactly is bitcoin, and how it will become useful to the general public.

However the speed at which the currency is being adopted by huge corporations is staggering. Some of the compaines accepting bitcoin include:

• Amazon


• Subway


• Victorias Secret


• Fiverr


• Zappos


• Tesla Motors


• Home Depot


• Sears


• Kmart


• Expedia

This coin is simply not going away anytime soon. The true value of the coin is still yet to be seen. Until the entire world understands how the coin works, and what it really is useful for, we won’t know what a bitcoin will be worth in a stable manner.

Should You Invest In Bitcoin?

That’s a decision you’ll have to make on your own, but what you should consider are the fact that Bitcoin still remains one of the most watched and speculated currencies of all time. Here are a few very interesting facts regarding bitcoin, and something to think about when pondering if this coin will rise to astrnomic heights, or shrivel and fade away.

It’s had it’s fair share major setbacks such as the Silk Road scandal, Mt Gox collapsing, which was one of the worlds biggest Bitcoin Exchanges, and a host of other problems. Yet it remains a new method of payment solution for a quickly growing number of large companies around the world. There are only so many Bitcoins available in the world. We cannot create more bitcoins, like we do with money, which only serves to deflate the actual value of paper currencies. Once all the Bitcoins are released into the systems, they will actually go UP in value do to supply and demand. If bitcoin is adopted on a mass scale, it’s value WILL in fact go up. Just how much no one knows. Bitcoins work as a payment solution like Paypal, Payza or those types of sites. It eliminates the need for the typical banking transaction fees associated with large volume transfers of money. With Bitcoin, any two parties can do business without borders, and without fees. The general public still doesn’t understand this fact. Bitcoin is now processing more transactions than Paypal, and is less than 1/10th of it’s age.

Deciding on whether to invest in Bitcoins or not, should not be based on it’s USD-Bitcoin pricing valuation at the moment. That number is no where near it’s real mark.

Research Bitcoin, what it is used for, what it would do for society, and if you believe it’s going to be adopted, then invest in it. Never purchase what you cannot afford to lose, and don’t take more risk than you are comfortable with.

Decide how you want to invest in bitcoin as there are many ways to acquire it. You can buy and sell bitcoin, and ride it’s price value. Many currency traders use Bitcoin Bots to handle their trades for them automatically. You can buy a select amount of coins, and hold onto them. You can try your hand at mining bitcoins and generate them that way.

No matter what you do, Bitcoin is sure a fun and interesting thing to watch!

There is still a few more days left to participate in a new and upcoming entity in the cryptocurrency world. That is the ICO (Initial Coin Offering) of MyCryptoWorld. This offering for MyCryptoCoin will end on December 31, 2016. If you hurry you can still get in. For more information go here.

Dennis Roeder
MyCryptoCoin

Skype: daroeder

  

Steven Cavan

2017 Will Be The Year For Cryptocurrency

2017 Will Be The Year For Cryptocurrency

The world is becoming more aware of how using cryptocurrency can not only save you money but is the quickest way to transfer money around the worlds on top of that the actual value of the coins rises over time compared with paper currencies.

Many governments do not recognise cryptocoins as currency with the result that they are not taxed, until such time as you move them from your wallet and place them in a bank account.

There are  a growing number of South American, African and Asian counties who are starting to use the like of bitcoin because all they need is a phone and internet connection to use cryptocoins.

January 2017 will see the launch of Mycryptocoin, which has developed a new blockchain ,built on the experience of bitcoin and etherium. Which will enable faster transaction speeds, no need for miners, plus a number of built in applications for commerce, which some people are referring to as bitcoin 2.0

MyCryptoWorld is a crowdfunding venture, behind the ICO launch, which closes on the 31^st December and the billion mycryptocoins will be fully allocated in January to people holding it tokens.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then remember to come to our webinar @ 100hrs MT on Tuesday20^th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars everyday days: For times and Webinar logins on go to the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

Steven Cavan

Third World Is Adopting Bitcoin

Third World is Adopting Bitcoin

Third world countries are growing in their use of Cryptocurrency like bitcoin. In Nigeria especially since the economy fell into recession earlier this year following much lower global oil prices. The economy’s contraction by 2.06% between April and June 2016 has increased concerns regarding Nigeria’s banking system, with the nation’s currency greatly devalued, sending bitcoin at an all-time high of $1,228.09 in Nigerian money, according to the lowest offer on local bitcoins. There are generally no restriction of holding cryptocurrencies unlike fiat currency which are normally controlled by central banks.

Philippine overseas workers who send money to their homes in the Philippines are also using bitcoin as a method of transferring money back home to save on traditional high transfer fees using the services of sites such as Rebit where bitcoin can be converted into Peso and deposited into local banks or pawnshops where they recipiants can pick up cash for a small fee.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained Tomorrow

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then come to our webinar @ 1000hrs MT on Tuesday 20^th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars on other days: Events and Webinar logins on the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

Steven Cavan

Will Cryptocurrency save the economy?

Will Cryptocurrency save the economy?

Source: http://www.newsbtc.com/2016/12/16/chinese-regulators-shut-bonds-market-trading-avoid-complete-collapse/

On December 12, 2016, the Chinese government made another decision that makes their economy look weaker. Trading in bond futures is no longer possible every since the market crashed in spectacular fashion. It only took the market a few hours to wipe out all bonds market gains made in the past 18 months. China has a volatile market, and it looks like things go from bad to worse.

It was not entirely unexpected the Chinese bonds market would collapse sooner or later. The PBOC has been making very strange decisions as of late, all of which hint at an uncertain financial future for the country. One could argue China has dug their own bond market grave and now they have to sleep in it.

Unfortunately, it appears this crash is only a sign of what is to come in the future. The Chinese economy is in a bubble that can go poof at any given time. Increasing capital outflows, and a heightened government concern over local assets, are only fueling further speculation. Moreover, injections of capital in short-term money markets have not helped matters either.

Chinese Bonds Market Collapse Is Only The Beginning

To put this into perspective, the 10-year Chinese Treasury bond future crashed by 2%. That is quite a significant number, and also the largest daily drop in history to date. Authorities panicked after this trend became apparent, and shutting down the market seemed to be the only course of action. However, in doing so, the government only adds more reasons for investors to look for alternative financial solutions.

For now, it remains unclear what all of this means for the Chinese economy moving forward. But one thing is certain: more money will flow into alternative assets than ever before. It is very likely the bonds market crash will bring more attention to Bitcoin as a safe haven asset in the future. If that is the case, the price per BTC will only go up even more in the coming weeks.

It is safe to say the Chinese economy is very sensitive to any local and foreign interference. Now that the Federal Reserve has hiked the interest rates, more trouble is looming for China’s economy. It will be interesting to see how all of this plays out in the coming weeks. All of these changes have only pushed the Bitcoin price up, and cryptocurrency holders are not complaining by any means.

And, this is going to help a new crowd sourcing program sponsored by MyCryptoworld. It is a new ICO (Initial Coin Offering) and time is running out for you to get in on it. The dead line to get in on the offering is December 31, 2016. You can purchase tokens which will convert to bitcoins on January 10, 2016.

For more information click here.

Dennis Roeder
MyCryptoWorld

skype: daroeder

  

Steven Cavan

Bitcoin Fees Have Increased By 1,013% in 2016

Bitcoin Fees Have Increased By 1,013% in 2016

Bitcoin mining fees have skyrocketed this year, increasing by 557% from 14 to 78 satoshis per byte, which translates to an eye-watering 1,013% increase in dollar terms in just one year, according to research by Jameson Lopp, engineer at BitGo.

Now you may think this is nothing to worry about but what is happening is that transactions in bitcoin are taking much more time to complete. There is also a growing danger that larger mining pools based in the likes of China will be able to take control of mining and control of what is meant to be a decentralised system.

Perhaps the future lies in the hands of a new blockchain and a cryptocoin that does not need mining and can process transaction in a second.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then come to our webinar @ 1500hrs MT on Sunday18^th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars on other days: Events and Webinar logins on the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

Steven Cavan

Cryptocurrencies

Cryptocurrencies are digital gold. Sound money that is secure from political influence. Money that promises to preserve and increase its value over time. Cryptocurrencies are also a fast and comfortable means of payment with a worldwide scope, and they are private and anonymous enough to serve as a means of payment for black markets and any other outlawed economic activity.

But while cryptocurrencies are more used for payment, its use as a means of speculations and a store of value dwarfs the payment aspects. Cryptocurrencies gave birth to an incredibly dynamic, fast growing market for investors and speculators. Exchanges like Kraken or Shapeshift which is one of the easiest to change from one cryptocoin to another, enables the trade of hundreds of cryptocurrencies. Their daily trade volume exceeds that of major European stock exchanges.

In this rich ecosystem of coins and tokens, you can experience extreme volatility. It‘s common that a coin gains 10 percent a day – sometimes 100 percent – just to loose the same at the next day. If you are lucky, your coin‘s value grows up to 1000 percent in one or two weeks.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

Take the first step now by registering your interest at  http://information.cryptocoin20.com/

Then come to our webinar @ 1000hrs MT on Friday 16^th December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars and special guests: Events and Webinar logins on the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

Steven Cavan

Financial Education 2.0 | Why MyCryptoCoin (MCC) is Bitcoin (BTC) 2.0

MYCRYPTOCOIN•BITCOIN 2.0

"The People Digital Currency"

Be Your Own Bank !

 

MYCRYPTOCOIN•BITCOIN 2.0

FREE MCC MYCRYPTOCOIN DIGITAL WALLET AND TRAINING

http://higtrafficwealth.cryptocoin20.com/

 

 

Are you a newbie in FINANCIAL-ECONOMY 2.0 ? Learn about here ... 

Watch Videos about HIDDEN SECRETS of MONEY | FREE Financial Education Training  

https://markethive.com/group/cryptogoldmoney/blog/financial-education--100-failure-fiat-currencies-vs-100-success-goldsilver

https://markethive.com/group/cryptogoldmoney/blog/financial-education--big-reasons-for-debt-collapse

https://markethive.com/group/cryptocoin/blog/financial-education-20--blockchain--bitcoin--currency

https://markethive.com/group/cryptogoldmoney/blog/financial-education--fast-and-simple-steps-to-be-your-own-bank

https://markethive.com/group/cryptogoldmoney/blog/financial-education-20--frequent-questions-about-cryptocurrencies

To be updated visits links below ...​

NEW CryptoCurrency & Bitcoin 2.0 

MYCRYPTOCOIN•BITCOIN 2.0

MCC is going public (ICO) on 10th of January 2017 

Until 31th - Dec - 2016 you can adquire Pre-ICO MCC 

For details : http://higtrafficwealth.cryptocoin20.com/

For webinars (on the right column of this page) and contact me

https://markethive.com/group/cryptogoldmoney

 

To your success,

José Angel Delgado

http://www.ibosocial.com/htwprogram

http://financialfreedom.freehightrafficwealth.com/

HTW Program & HighTrafficWealth

 

How To Protect & Increase Your Wealth

FREE Financial Education Training  

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MYCRYPTOCOIN & BITCOIN 2.0

Uses Public "hybrid" blockchain digital ledger

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Bitcoin : The best investment return in last 5 years        

    

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Gold : The world"s oldest asset class and the XXI century"s best performing currency                                 

Steven Cavan

Buy Bitcoin in UK

Buying Bitcoin

I have purchased a few bitcoins from a couple of different sources, unfortunately the easiest one to use Circle no longer allows purchase or sales. I have discovered the best prices to be on the exchanges and it can be a little daunting. I traded currencies in the distant past and you can quickly lose your money.

Now if you are looking for a bargain you can place a limit order where you specify the maximum amount you are prepared to to purchase say for example I BT @£622 . If you use Kraken you will see the last traded rate and the max and min for the past 24 hours. At the moment with the bitcoin rising in value I will buy at minimum. If you do not put a limit on you order will be filled at the market rate. A limit order will remain open until the market reaches the level you set

One think I did notice is that any numbers of traders will help fill the order

03-12-16 09:10:24 +0000	buy/limit	XBT/GBP	£613.000	1.55366297	£952.395
T3BIOXW	03-12-16 09:09:03 +0000	buy/limit	XBT/GBP	£613.000	2.00000000	£1,226.000
TLW713	03-12-16 09:06:24 +0000	buy/limit	XBT/GBP	£613.000	0.00410000	£2.513
TKO45Y	03-12-16 07:46:59 +0000	buy/limit	XBT/GBP	£613.000	0.04330000	£26.542
TIQEls	03-12-16 07:44:47 +0000	buy/limit	XBT/GBP	£613.000	0.04550000	£27.891
TLZGP7	03-12-16 07:26:56 +0000	buy/limit	XBT/GBP	£613.000	0.04780000	£29.301
TAKDNA4	03-12-16 07:17:23 +0000	buy/limit	XBT/GBP	£613.000	0.01540000	£9.440
T74KP2	03-12-16 07:10:13 +0000	buy/limit	XBT/GBP	£613.000	0.05030000	£30.833
TJTGpQ7	03-12-16 07:07:39 +0000	buy/limit	XBT/GBP	£613.000	0.10640000	£65.223
TTLEKZ	03-12-16 07:00:13 +0000	buy/limit	XBT/GBP	£613.000	0.02030000	£12.443
TVWKAGK	03-12-16 06:55:21 +0000	buy/limit	XBT/GBP	£613.000	0.15060000	£92.317
TJ7MAI	03-12-16 06:55:05 +0000	buy/limit	XBT/GBP	£613.000	0.02580576	£15.8

If all the above sound to difficult you could go to a site such CoinCorner who are based in the IOM they will accept debit cards or bank transfer but the rate they offer is £703 compared to Kraken high for the day at £639 which to me is too costly, the reason being they have affiliates to pay.

Another site in the UK I might consider is https://bitbargain.co.uk/ Here you will find private traders will to sell on set terms using escrow accounts for buyers and seller rates currently offered @ £644

It looks easy to use but trader terms will include identity checks or proof of previous trading. but at the moment it would be my my first option for small amounts  at Kraken involves International Bank transfer cost.

Now you may ask why I am buying bitcoin at the moment, well it is increasing in value so could be a good investment. However I need them to crowdfund an ICO from MyCryptoWorld, which has a lucrative offer at the moment which is going to be explained on Friday.  The ICO closes on 31st December by which time all tokens have to be paid up in bitcoin.

Take the first step now  by registering your interest at  http://information.cryptocoin20.com/

Then come to our webinar @ 1000 MT on Friday

Join our live Webinars and special guests: Events and Webinar logins on the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

Steven Cavan

Crytocurrency was boosted As Key Figure Joins Bitcoin Startup

Crytocurrency was boosted As Key Figure Joins Bitcoin Startup

ForexNewsNow | Published on December 13, 2016 at 2:00 am

A key figure in the mainstream financial services sector is backing Bitcoin, a move that is now seen as another crucial seal of approval for the cryptocurrency world. Antony Jenkins, a former CEO of Barclays (BCS), has joined the board of Blockchain, a startup that provides bitcoin and digital currency technologies.

The startup, based in London, is named after the core technology on which bitcoin and most other digital currencies are built. Blockchain’s services and solutions are used by cryptocurrency exchanges such as Coinbase. Investors can also use Blockchain’s native mobile app and website to trade digital currencies. The startup is further working on a number of other technologies, some revolving around identity tracking.

Blockchain is betting on widespread adoption of cryptocurrencies, especially as they are now seen as an alternative to traditional safe-haven assets such as gold. Uptake of Bitcoin and other digital currencies soared in the lead up to and after the U.S. presidential election last month. Investors worried about the outcome of the election and its potential implication on global economies given that the Republican candidate Donald Trump’s inflammatory remarks on the campaign trails. In Mexico, demand for Bitcoin has spiked since the surprise election of Trump as the next president of the U.S.

Bitcoin prices and market capitalization have soared in the recent times amid a strong demand for digital currencies. Source: Coinmarketcap.

Monetary regulators studying cryptocurrencies

Besides growing acceptance of Bitcoin and other cryptocurrencies or altcoins by consumers, central banks are also taking notice of the digital currency phenomenon. Some monetary regulators have even expressed interesting in minting their own digital currencies to replace the legacy banknotes and coins. Central banks in Sweden, the U.K., China, and Russia are some of the monetary agencies studying blockchain technology in what could pave the way to the modernization of monetary systems in these economies.

The central bank in Sweden, for instance, may move quickly to introduce digital currency given a sharp drop in hard cash transactions in the country.

A storm brewing for banks

As for Jenkins who has taken up a seat on the board of Blockchain, he believes a major storm is brewing for traditional banking industry amid a rise of fintech firms. He compares the disruption the banks would face to the shakeup Uber is causing in the taxi services industry.

A signal of growing adoption of cryptocurrencies, Blockchain’s co-founder Peter Smith recently said the startup is on track to do transactions worth $50 billion this year. The startup is particularly seeing strong demand for its services from institutions, which it expects to contribute a third of its transaction value.

Blockchain’s initial fundraiser netted $30 million in 2014. The startup is backed by several investors, including Lightspeed Venture Partners’ Jeremy Liew. On the board of Blockchain, Jenkins joins Liew and the startup’s cofounders Nick Cary and Peter Smith among others.

Besides Blockchain, Jenkins is also associated with several other fintech startups including 10X Future Technologies and Currencies Direct.

Jenkins becomes the latest of former major bank leaders to join startups working on shaking the foundations of traditional banks – their earlier employers. Anshu Jain, a former CEO of Deutsche Bank, is joining Social Finance, an online lending firm, and John Mack, a former executive of Morgan Stanley, joined LendingClub.

Banks see opportunities and threat in the rise of cryptocurrencies. The opportunities include tapping on blockchain technology to simply transactions and cut operating. But banks are worried they could lose their middleman role in money distribution if regulators adopt a system that allows citizens to open accounts with the central directly.

A new paradigm begins January 10, 2017. That is the Inital Coin Offering (ICO) by MyCryptoworld.com. The coin will be known as MCC (MyCryptoCoin). It is going to change the way currency in exchanged around to world. Pre-enrollment ends December 31, 2016. You can get more information here.

Dennis Roeder
cryptocoin

Skype: daroeder

  

Steven Cavan