Bitcoin News Feed [31 Dec 2016]

in #bitcoin8 years ago

Suspense Lingers as Bitcoin's Price Eyes $1,000

 Bitcoin prices pushed higher this week, benefiting from strong market  sentiment, but ultimately failed to break through key resistance and  reach $1,000. For those who weren't watching eagerly, the digital currency rose to a  nearly three-year high of $982.87 on 29th December, CoinDesk USD Bitcoin Price Index (BPI) data reveals, before declining to a press time value of $960. ...... [Read Full News]

Like an ‘Uber for Traders’: How Cashaa Drives Remittance Costs to Zero

Bitcoinist spoke with  Kumar Gaurav, CEO of Cashaa, a blockchain-powered P2P marketplace that  makes it possible to send and receive cash anywhere in the world with  zero fees.  ..... [Read Full News]

Supload Will Pay You in Bitcoin to Host Your Images

New addition to the Bitcoin ecosystem Supload will see users paid to host images and gifs in a new form of content creation platform. ...... [Read Full News]

Still Time to Make Bitcoin Donations and Give Less to the IRS

The US Internal Revenue Service (IRS) has committed  to cracking down on bitcoin users that may have been evading paying  taxes. However, there is still time to make charitable donations to your  favorite charities and thereby give a little less to the tax man. ...... [Read Full News]

How to Use Bitcoin to Become a Perpetual Traveler

This past spring the creator of the Dollar Vigilante publication and podcast Jeff Berwick gave instructions  on how to become a perpetual traveler and legally avoid paying taxes.  Berwick is an anarcho-capitalist that believes a government is an  unnecessary evil and that taxation is theft. Bitcoin is one tool that  can be utilized to accomplish the goal of not paying taxes and a great  currency for people constantly traveling. ..... [Read Full News]

DOJ lawyers argue Coinbase customers can’t challenge the IRS’s summons

On November 17, the IRS filled a “John Doe” summons targeting transaction records  of prominent bitcoin company Coinbase’s bitcoiners registered between  January 2013 and December 2015. At the time, the exchange argued it  takes user privacy very seriously, and as such it would work towards  protecting it. .... [Read Full News]

Decentralized Platform Teams With Moscow Incubator for Fintech Startup Program

A Moscow  business incubator, in partnership with Waves, a decentralized platform  for crowdfunding and community management, launched the second round of  a fintech program to develop projects with blockchain technology,  particularly for banks and fintech products. The focus is on Blockchain 2.0. ..... [Read Full News]

Vinny Lingham: Bitcoin Price Will Reach $3,000 in 2017

Vinny Lingham, co-founder and CEO of Civic.com released a highly anticipated blog post entitled “Bitcoin 2017: A Currency Devaluation Hedge for Emerging Markets”  on December 28 to share his thoughts on Bitcoin and its price trend in  2017. In his analysis, Lingham predicted that the Bitcoin price will  double or triple within the next 12 months. .....

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Roger Ver: 2017 Will Be the Best Year for Bitcoin

With Bitcoin price rising like an eagle, albeit a slight slump on Christmas, it ricocheted back impressively heading to $1000. In fact, next month is precisely eight good years since the  first Bitcoin block was mined.  In less than a week, the price rose  more than 12 percent and looking at some factors the prospects in 2017  are all auspicious. .....

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John McAfee to Make Email Systems Great Again With Blockchain

As the world goes through the digital era, more and more  content has been put online. This has resulted in numerous data breaches  across the globe, with email still being one of the most vulnerable due  to middle-man interception. .....

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This post has been ranked within the top 50 most undervalued posts in the first half of Dec 31. We estimate that this post is undervalued by $5.07 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Dec 31 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

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