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28/11/2018

Hello Viewers,

Regardless of whether or not you currently own Bitcoin, it’s hard not to feel the price drop tremors caused by recent shifts in the market.

Naturally, we wonder whether now is the time to panic—or if this will all soon blow over.

A period of Crypto-Capitulation?

Yes, cryptocurrency market prices have been on a gradual decline recently: the charts speak for themselves.

The reasons behind this downward trend are complex, but the big question is: what does it mean for the future of Bitcoin?

To get a better understanding, it's best to take a look at the past.

Price changes, purpose doesn’t

If we wind the clocks back to Bitcoin’s beginnings, we’re reminded of why this decentralized digital currency was always destined to skyrocket into mainstream appeal.

Bitcoin’s original value was rooted in the fact that it provides a more successful monetary system than fiat currencies like the U.S. dollar, which consistently fail to provide people with a fair monetary system.

High fees, inflation, and corruptible centralized bodies in control of a country’s wealth are just a few examples of fiat’s failure as a monetary system. And, despite these blatant flaws, there was no alternative way for people to send and receive money—until the creation of Bitcoin, that is.

Failure playing on repeat

The failures of the fiat money system plague people's finances. Worse still, as new fiat currencies come and go, these flaws repeat over time.

The debasement of Rome’s ancient fiat currency is a prime example of this. Its coins, which were originally made from pure silver, contained only 0.02% silver by the time Rome fell. Inevitably, people ceased to accept this diluted coin as money.

Compare this with the falling purchasing power of the U.S. dollar today, and it’s clear that the history of fiat failures is repeating itself once more.

More power to every person

Today, people are suffering because of these fiat currency failures. It’s very clear that the amount of economic freedom a country closely links to our quality of life.

The economy in Venezuela, for instance, is falling into ruin as the purchasing power of the country’s fiat money is crushed by hyperinflation. This leaves people struggling to pay for essentials like food, water, and electricity.

So, what is the future of Bitcoin?

Whether you choose to see Bitcoin as a digital asset or the future of money is your own decision.

But, despite recent price volatility, the purpose of Bitcoin remains unwavering: to reverse the damage done by fiat currencies by putting people in control of their own money.

Learn more about the recent successful upgrade to the Bitcoin Cash network and stay up to date with our daily news update.

20/03/2018

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24/02/2018

We welcome you all.

19/01/2018

Just a couple of days ago we reported how the Canadian province of Quebec is trying to leverage its cold weather and cheap hydro-electric power to attract bitcoin miners, specifically those from China. Now we can say that Quebec-based companies are already enjoying this new boom in business that the Chinese miners are bringing to the province.

Speaking with bitcoin news, Fooad Nejad, the vice president of Montreal-headquartered data-centers consulting firm Kelvin Emtech, described how “very time-constrained” Chinese firms with deep pockets are swooping in to the area with a demand to start operations as soon as possible, bringing with them thousands of mining rigs. He said that the uptick in Chinese interest started 6 months ago and increased significantly over the last month.

The Canadian company have already signed contracts for several megawatts and are in negotiation for several others. Nejad also said that the Chinese investors explained that they want to move mining operation to Quebec “because electricity rates and climatic conditions are very favorable.”

Bitmain Eyeing Quebec
Big Chinese Miners Like Bitmain Are Turning to Quebec, CanadaOne of the biggest players in this industry, the Beijing-headquartered bitcoin mining machines (ASIC chips) producer Bitmain Technologies Ltd., is now publicly known to be looking to establish a presence in Quebec. The company’s spokesperson Nishant Sharma told the Reuters news agency on Friday that Bitmain was examining possible sites in the province and is also talking with regional electric power authorities. The company has just recently established a branch in Zug, Switzerland as part of its global expansion plans.

The report also tied this development to the possible government clampdown on the industry in China. “We, and from what I understand many of our peers, are already making plans to go overseas,” said Li Wei, CEO of ZQMiner, a bitcoin mining equipment company which operates mines in three Chinese provinces.

Is this a signal for things to come in the Chinese bitcoin industry? Tell us what you think in the comments section below.

12/01/2018

It’s a new year and investors are eager for growth in their crypto investments. But first, let’s visit some of the emerging language in cryptoworld

This past year bitcoin, bitcoin cash, ripple and other big coins blasted off for the moon. The term simply refers to a cryptocurrency’s meteoric rise in price. Whenever any coin goes on a bull run, everyone gets excited and you’ll often hear the expression that it’s about to “go to the moon”.

HODL (hold on for dear life) is an intentional misspelling of “hold” and refers to someone who holds on to their crypto asset without selling or trading, no matter what. Anyone hodling their cryptocurrency has faith that someday, their investment will make their financial dreams come true.

Altcoin stands for alternative coin but these small tokens are often mocked as “sh**coins” in forums and social media. Basically, any coin that is not established or doesn’t have sufficient market capitalization can be considered an altcoin. Many tokens are outright scams, reflecting a pejorative attitude towards speculative tokens that carry high risk.

If you’re not careful, you could get (wrecked).

Among the wackiest coins out there are Titcoin (adult industry), Trumpcoin, Cannabiscoin and Insanecoin. To each’s own, I guess. Did you buy PutinCoin?

If you don’t know that ICO stands for initial coin offering then you’ve probably lived under a rock the past couple of years. It’s a fundraising method like Kickstarter but on steroids. There are so many ICOs these days that it’s often hard to tell which ones are actually worth the investment.

Anyone who invests in cryptocurrency knows that on any given day, the value of their investment could plummet. You’re up 10% one moment and down 15% just minutes later. Volatility often feels like a wild roller coaster ride and, unfortunately, there can be steep valleys referred to as FUD: fear, uncertainty and doubt. As soon as people see bad media coverage or a sudden downswing, panic selling can ensue out of fear that they’ll lose their money.

Which leads to the opposite phrase: BTFD or buy the f***ing dip. When people are scared, it’s the right time to buy. As the saying goes, buy low and sell high.

These days, many people are skeptical of the media and public forums. And who can blame them? With cryptos, there are financial incentives to provide great coverage of a coin in order to boost its perception in the eyes of potential investors. Shills are people who endorse a cryptocurrency in public in an effort to increase its price.

Many skeptics have completely missed the boat on becoming a bitcoin or crypto millionaire. These are the types who keep warning family and friends that the industry is Tulip Bubble 2.0.

But each day, there are more believers. FOMO refers to fear of missing out, thus you find more people stepping outside of their comfort zone and buying cryptos. One side-effect of FOMO is that you often lose hours of sleep researching various tokens and setting up wallets.
The designer of bitcoin is the mysterious Satoshi Nakamoto. No one really knows who he actually is, but everyone knows of him. Since many transactions involve fractions of a bitcoin, people often refer to prices in Satoshi units. One thousand Satoshis is equivalent to $0.15 USD at current prices.

So there you have it. You now know these slang terms and are in a better position to share your investment ideas in the blogosphere. Just make sure you don’t get .

Contact us for more update and enlightenment of the cryptoworld

We created this community for cyptocurrency users in other to trade safely and report scam açtivities and bring the offender to justice.

16/11/2017

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04/11/2017

As the world is taking it shape, many opportunities beings to germinate add value to what gives value the btc is more valuable than USD.
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The opportunity is still open as something bigger is about to happen. Don't let it go

27/10/2017

We created this community for cyptocurrency users in other to trade safely and report scam açtivities and bring the offender to justice.

27/10/2017

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29/09/2017

15/09/2017

This coming too fast for those who can take the bull by the horn but mind you JP Morgan cant handle it..
This coming from our trending force.

Hello Members,

Today, the Chief Executive of JP Morgan, Jamie Dimon, called Bitcoin “a fraud” and “worse than tulip bulbs.”
However, as TechCrunch reports, the criticism is ironic considering the fraudulent and immoral actions of JP Morgan and other financial institutions which lead to the 2008 financial crisis.
At its core, Bitcoin eliminates the middleman, the bank, by providing a means to safely transfer money directly from one individual to another.
So it's in the bank's best in interest to refute technology they can't profit from.
The Blockchain ledger ensures that Bitcoin will always be a currency free from Wall Street corruption that brought about events like the subprime mortgage housing bubble.
JP Morgan received a $13 Billion government bailout, which Bitcoin will never need. To the Bitcoin community, Dimon’s criticism simply falls flat and misses the point of a decentralized currency.
Bitcoin’s price has been volatile, reaching record breaking highs last month and then dipping down again recently amid fears on China’s ruling. But many experts see this as a great buying opportunity.
Bottom line: regardless of fluctuation, nothing will change the foundation and true value of Bitcoin, transparency and decentralization, which makes Wall Street uncomfortable.

We created this community for cyptocurrency users in other to trade safely and report scam açtivities and bring the offender to justice.

18/08/2017

Bitcoin cash surged above $700 today, passing a notable milestone amidst a two-day rally during which the price of the cryptocurrency more than doubled.

Heading into weekend trading sessions, bitcoin cash has emerged as the third-largest cryptocurrency by network value, behind bitcoin and ethereum. And while it might still be too early to compare bitcoin cash to these more established networks (there remain unanswered questions about its particular economics), traders are proving it might have staying power.

Overall, the development is the latest in a narrative that began when bitcoin cash split off from the main bitcoin blockchain earlier this month because a group of miners and developers moved to adopt software with new network rules that were incompatible with bitcoin.

The result: bitcoin "forked" into two distinct blockchains, each with their own freely-traded digital assets. But while bitcoin surged past $4,000 to set new all-time highs, bitcoin cash stayed largely stagnant this week – trading in the $300 range. Yet, at press time, bitcoin cash was trading around $750 per coin.

So what's driving these jumps? And will these drivers continue to propel price movements, both up and down, in the future?
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Driver 1: New exchange volume

While both bitcoin and bitcoin cash share a transaction history, there's at least one major differential that changes their markets – bitcoin cash didn't inherent bitcoin's expansive global exchange network.

This means while bitcoin is widely available for trading across continents, only a few major players stepped up early to add Bitcoin Cash.

Still, signs suggest more exchanges could soon see a value in doing so. Case in point, the trade volume in bitcoin cash observed during the recent run was largely denominated in the South Korean won today.

Earlier this afternoon, about $1.2 billion of the $2 billion in total bitcoin cash trade volume, or around 56%, appeared to be transacted in won on just three South Korean exchanges – Bithumb, Coinone and Korbit – according to data from CoinMarketCap.

Such a strong regional showing could indicate pent up demand – but whether it's from sellers seeking to sell, or buyers looking to buy, that remains unclear.

Prior to the increase, though, bitcoin cash trading volume was relatively light earlier this week, and it increased roughly tenfold earlier this afternoon.

Driver 2: Miner mechanics

The value of cryptocurrencies is driven by technology and economics, and bitcoin cash is no exception.

So, just like with its nascent exchange network, it remained unclear how much infrastructure support bitcoin cash would inherit following the split. Remember, for a blockchain to be successful, it must attract miners willing to devote computing power to securing the ledger on which its users transact.

In this way, on August 1, bitcoin cash was at a disadvantage. But that may be changing, too.

At the time of the split, bitcoin cash had far fewer miners, and because of the messy mechanics of the split, it remained difficult to mine. With the price hovering around $300, many miners weren't earning as much as they could have on the other chain.

But, the network difficulty has been slowly decreasing since (the difficulty adjusts to the number of miners mining on the chain), and it's now set to decline further. This weekend, the mining difficulty of the bitcoin cash network is expected to decrease by an estimated 50%.

Many believe this will make the cryptocurrency easier to mine, and with the recent price upticks, profitable to mine.

What happens from there is anyone's guess – the exact incentives are still murky. If today is any indication, though, the narrative may just be getting interesting.

Bitcoin on a fork image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Interested in offering your expertise or insights to our reporting? Contact us via our page

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