🗞 Daily Crypto News, November 7th 💰

in #bitcoin7 years ago

  • Steemit reached 18,66mn visits in October ALONE.
  • SEC Warns Celebrity-Endorsed Initial Coin Offerings Could Be Illegal
  • Blockchain Will Really Disrupt Silicon Valley Once Consumers Control Own Data
  • Deutsche Bank’s Jim Reid Fears Fiat Currency Will Disappear Rather Soon
  • How to Stop Worrying and Love the Fork
  • BTCTrading Update by @cryptopassion

🗞 Steemit Statistics & Big Data: 🚀 End of October Update 🚀

We reached 18,66mn visits in October ALONE.

The number of Daily visits was quite consistent between 400k and 600k in August and September. It has been improving in October at 600k+.

When we think about it this is quite surprising considering the number of network issues we have experienced in October (DDOS attacks…).

Read more & Source: https://steemit.com/steemit/@vlemon/steemit-statistics-and-big-data-end-of-october-update

🗞 SEC Warns Celebrity-Endorsed Initial Coin Offerings Could Be Illegal

In a statement that was released by the agency in early November 2017, the SEC claimed that celebrities should disclose any compensation they have received for endorsing token sales to avoid violating the anti-touting laws.

"Celebrities and others are using social media networks to encourage the public to purchase stocks and other investments. These endorsements may be unlawful if they do not disclose the nature, source, and amount of any compensation paid, directly or indirectly, by the company in exchange for the endorsement."

Read more & Source: https://cointelegraph.com/news/sec-warns-celebrity-endorsed-initial-coin-offerings-could-be-illegal

🗞 Blockchain Will Really Disrupt Silicon Valley Once Consumers Control Own Data

The mantra “If the service is free you are the product!” has become the common battle cry for Silicon Valley.

Consumers on the lookout for freebies have flocked to these free services and signed away their data rights to access these cool and “indispensable” services. However, with AI, microtargeting and next best action algorithms becoming ever more pervasive, things can now feel a little creepy for many consumers.

Read more & Source : https://cointelegraph.com/news/blockchain-will-really-disrupt-silicon-valley-once-consumers-control-own-data

🗞 Deutsche Bank’s Jim Reid Fears Fiat Currency Will Disappear Rather Soon

There have been a lot of discussions as to what Bitcoin and other cryptocurrencies may be able to achieve in the long run. This new form of money has a lot of potential, although that doesn’t mean it will replace fiat currency anytime soon. The latter category may not be around forever, though. Deutsche Bank’s Jim Reid, for one, firmly believes fiat currency will cease to exist soon.

The technology is currently utilized by VeriCoin and Verium, although it is possible we may see other altcoins embrace something similar in the future.

Read more & Source : https://themerkle.com/deutsche-banks-jim-reid-fears-fiat-currency-will-disappear-rather-soon/

🗞 How to Stop Worrying and Love the Fork

November is going to be a nail-biter for bitcoin.
It's unclear whether the Segwit2x hard fork, expected to take place around Nov. 18, will leave us with one or two cryptocurrencies. And with more than $110 billion of value on the line, it's far from assured investors will come out ahead.
But let's take a deep breath, step back and appreciate the beauty of the situation. Because while in the short term hard forks can be stressful, they may be a blessing in disguise.

Read more & Source : https://www.coindesk.com/stop-worrying-love-fork/

BTC Trading Update by @cryptopassion

The BTC continued his nice correction to reach $6930 level and we are no doing a little pause with a reversal :

I put the red circle around the MMA13 which is my objective and traced another red line which should allow us to go touch that objective.

So you understood it, I don't think the correction is yet finished.

🗞 Daily Crypto News, November 6th💰
🗞 Daily Crypto News, November 5th💰
🗞 Daily Crypto News, November 4th💰
🗞 Daily Crypto News, November 3rd💰
🗞 Daily Crypto News, November 2nd💰

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curious about if other platforms using steem have increased traffic

Which ones are you thinking about?

I looked briefly and they do not have a lot of visits yet (between 15-20k).
Busy.org around 500k!

Dang! Stemmit got sub19Million bangs in Oct alone huh? Not too shabby.....do you have the statistics for the months before?

Up-Voted for Important Steem Stats....well reported @vlemon

Thank you, here is the full analysis with previous months and WAY more datas:

Enjoy ! Click Here
or here: https://steemit.com/bitcoin/@vlemon/daily-crypto-news-november-7th

This post is upvoted by Polsza for 42 %.
If you want help us growing upvote this comment.
Thanks !

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Mr.Lemon from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

This post has received a 0.11 % upvote from @drotto thanks to: @banjo.

Great post again buddy. Yesterday i sold a few bitcoins at 7200 levels. In my opinion this downtrend should bring it to around 6500 levels. Upvoted and following u as always.
Regards Nainaz
#thealliance

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