27-03-2017
04:41 am
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Tag: bitcoin

bitcoin ponzi bitclub. newsbtc

Indian Politician Thinks Bitcoin Is a Ponzi Scheme No Comments

A recent statement made by one of the Indian politicians shows the lack of awareness about the digital currency among many. The politician in question is Kirit Somaiya, a Member of Parliament from the ruling party. He was reported calling Bitcoin a “hypothetical currency” and a “Ponzi scheme”. Bitcoin is one of the first and most widely used cryptocurrencies in the world. The decentrali...


SWIFT Vulnerable Hacking

Apple Denies Turkish Crime Family Hack, New Ransom Details Emerge No Comments

Earlier this week, there were reports on the media outlets stating a hacking incident affecting millions of iCloud and Apple Mail accounts. The accounts were said to be compromised by a hacker group calling themselves the “Turkish Crime Family”, who have claimed to now possess the capability to access these compromised accounts to wipe the devices associated with them. However, Apple has categ...


Bitcoin Price Watch; More Weakness Ahead? No Comments

There we go then, the end of the week is here, and it's been a pretty dull experience. Price stayed relatively flat throughout the first half of the week, with the breaking of our 1100 support coming in as the only real key event of note, and we've had a lot of consolidation type action. This action can be fine, and it can serve up some pretty decent entry opportunities, quick profits, etc., but i...


Bitcoin Price Watch; Here’s What’s On This Morning No Comments

Well, it seems as though price just doesn’t want to go where we want it to go. We were hoping for some upside action yesterday evening, and quietly looking at a break of the 1100 level to get us moving in a bullish direction. As things turned out, that wasn’t what happened. Price pretty much collapsed through the evening and then into this morning's early session out of Europe, and we sa...


Bitcoin Price

Bitcoin Has Grown beyond Volatility Issues No Comments

The volatile nature of Bitcoin and other cryptocurrencies has worked both ways. Traders peg their hopes on volatility to make money while those who prefer investing long-term dread the price fall. The very nature of cryptocurrencies has also forced various central banks across the world to issue warnings in public interest against its use. But as Bitcoin matures, the problem of volatility may be a...


Bitcoin Price Watch; Here’s What We’re Looking At Right Now No Comments

In this morning's bitcoin price analysis, we rushed into our daily take as price was moving fast (we were looking at an upside gap as the piece was being put together) and we didn’t want to waste any time looking at overnight action. This evening, we're going to mimic that approach. Action today has been relatively flat anyway, and other than a bit of sideways trading carving out a pretty ...


Bitcoin Taxation Italy

Newly Launched Node40 Balance to Make Tax Calculations and Reporting Easier for Bitcoin Community No Comments

The cryptocurrency community in the United States is coming under the IRS scanner lately. The taxation authority has been exploring ways to find defaulters who have failed to report the gains obtained from their cryptocurrency holdings. It even went as far as issuing a John Doe summons to Coinbase, the leading cryptocurrency platform, asking them to furnish all the details of its customers includi...


NewsBTC Trezor Visual updates

Trezor Unveils Major Visual Upgrade With Many Improvements No Comments

When it comes to finding a popular bitcoin hardware wallet, Trezor is one of the top contenders. This product has proven to be quite secure and powerful. Earlier this week, the company announced a major wallet redesign that caters to customer needs. Storing cryptocurrency in a secure place is important, yet Trezor wants to make the experience even better. The Trezor team has made quite some cha...


Bitcoin Price Watch; Live Trade Entry! No Comments

Ok then things are starting to move as we right this, so instead of messing about and covering the previous night's action in the bitcoin price, we're going to get right in to things and set ourselves up for the day. As ever, take a quick look at the chart below to get an idea of what's on, what's happening right now, and where we are looking to get in and out of the markets as price matures th...


NewsBTC Bitcoin-infinity

Bitcoin-Infinity Patch Combines Support for Segregated Witness And Blocks Scaling Up to 32MB No Comments

It appears yet another solution to scale bitcoin is being developed as we speak. A "bitcoin-infinity" patch is in the world for the Bitcoin Core client. This patch will maintain support for Segregated Witness and bigger blocks at the same time. Although this concept may sound appealing, the community's opinions on this patch are divided. On paper, the activation of SegWit will eventually intro...


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