Bitcoin News Feed [10 Jan 2017] - Phase II
Top 3 Types of Bitcoin Mining Malware
Although mining Bitcoin with regular computer hardware is no longer profitable, that isn’t keeping criminals from giving it a try. Over the past few years, there have been several types of Bitcoin mining malware, infecting computers all over the world. Three different types stand out so far, although it is expected more strains of this malware will pop up in 2017 and beyond. ....... [Read Full News]
Bitcoin Scam Site Warning – Bustafunds
Investment sites dealing with cryptocurrency deposits will usually run off with people’s money rather quickly. Bustafunds is one of those scam sites, as there are plenty of warning sites indicating investors will never see their money again. In fact, the site template even refers to a different scam site, which is probably run by the same people. ......
Bitcoin Network Sets New Daily Transaction Record
The year 2017 can become quite a good one for Bitcoin, although it is still a bit early to tell. One milestone has already been reached, as a new record has been set on January 6th. On that day, the Bitcoin network processed a record-high number of transactions, which indicates Bitcoin is coming to maturity. Although this number pales in comparison to traditional financial systems, things are looking positive. .........[Read Full News]
Bitcoin can Become a new Foreign Reserve Currency for Governments
Governments all over the world are dealing with dwindling foreign currency reserves. China is an excellent example of how the government and central bank have been forced to spend large amounts of foreign reserves to keep the Yuan somewhat stable. It is not unlikely to think some nations will start to buy Bitcoin reserves in 2017 and beyond.
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Scammy Waters: The Differences Between an IPO and an ICO
The industry for Initial Coin Offerings (ICOs) has exploded recently. Startups are able to raise money directly from the public, without going through the rigorous process required of venture capitalists and banks. While there are legitimate ICOs, the industry has also attracted many scammers. ........ [Read Full News]
Kickstarter-backed Board Game Bitcoin Empire Ships
Board games are back in style not only among families with kids but also millennials looking to socialize with friends. A Kickstarter recently combined the age-old way to pass time with what many claims will be the future of money, bitcoin. ......... [Read Full News]
Ark Invest Reveals New Data on Bitcoin Asset Classification
Last summer executives from Ark Invest and Coinbase released a paper called “Bitcoin: Ringing the Bell for a New Asset Class,” which defines the cryptocurrency as a new asset class for the 21st century. The paper written by Ark Invest’s Chris Burniske and Coinbase Vice President Adam White has recently been updated to reflect 2016’s end of the year data. ........ [Read Full News]
An Introduction to Bitcoin Trading and Technical Charts
Bitcoin trading is a popular market that has been growing in recent years. There are many who obtain bitcoin to hold for long periods of time. However many people trade their bitcoin regularly with intra-range strategies, day trading, leverage trading and more. Often times trading can sometimes be confusing, and there are many things to consider when participating within the exchange environment. ........ [Read Full News]
How The New Rally Improved Bitcoin’s Upside Potential
Recently, bitcoin’s price grew more than 50 percent in less than a month before taking a dip. What goes up comes down, how does the rally affect the bitcoin ecosystem? Bitcoin.com asked Spencer Bogart, Equity Research analyst at Needham & Company, his opinion on the recent bitcoin rally. .... [Read Full News]
Charlie Shrem Speaks About His New Investment Fund
Charlie Shrem, a well-known individual in the cryptocurrency space, recently returned to the industry after a year-long hiatus. Shrem has partnered with entrepreneur Jason Granger to create Intellisys Capital LLC, and Mainstreet Investment LP. The companies will manage a securities investment fund built on top of the Ethereum blockchain based on real world assets like real estate, as well as bitcoin and blockchain businesses. .. [Read Full News]
This post has been ranked within the top 80 most undervalued posts in the first half of Jan 10. We estimate that this post is undervalued by $4.00 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jan 10 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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thx for the updates
Good roundup - but the person that wrote about Governments using Bitcoin as a Reserve Currency obviously does not understand what he is suggesting. As an example he suggests that Governments would need to be careful of the volatility of BTC if they invest in it. If Governments truly invested in BTC it would push the price through the roof due to demand. Further, foreign exchange reserves are used by governments in balancing trade between each other - BTC is not currently in that framework and does not stand as a currency, either locally or internationally. Personally, I would be happy to do all my transactions locally and internationally with BTC (or a comparable crypto-currency).