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Unibright Announce New Partners for their Blockchain Integration Venture

UniBright-Press-Release-1

Bitcoin Press Release: Unibright has announced two new strategic partnerships in the lead up to the official launch of their Blockchain integration framework.

March 27, 2018, Bingen, Germany – Creating strong partnerships will bring Unibright together with the bright minds behind well-known service provider, Zühlke Engineering, while also combining the Unibright framework with the global equity market being created by popular Blockchain startup, Chainium. Zühlke, the international service provider for innovative projects, showed interest and commitment in the Unibright platform at an early stage.

Their cooperation will ensure Unibright’s access to potential customers as well as the long-standing experience that has been curated by Zühlke over the last 50 years. Additionally, the two will collaborate in the fields of marketing and sales, as well as the exchange of software developers between the two companies.

“To us, Blockchain Technology holds immense potential to fundamentally transform existing work processes and business models. We are therefore proud to further advance the long-term integration of Blockchain solutions in digital business processes alongside Unibright.” said Stefan Grasmann, Member of the Executive Board at Zühlke.

Chainium, reinventors of the global equity market and the world’s first dual blockchain equities network, has also committed time and resources to aid in Unibrights effort to bring Blockchain accessibility to the world stage. Combining the frameworks of both Unibright and Chainium will open businesses to the raw power of this dual blockchain equity network, allowing corporations to operate without native protocol developers. The power of the Blockchain will be harnessed by simply choosing the correct template, then watching as Unibright’s framework generates everything else automatically.

“The guys of Chainium inspired us by their vision and clear ideas. With Unibright Templates, focusing the Chainium client portfolio we will strengthen the go-to-market strategy of both teams. A clear win-win!” said Unibright CEO, Marten Jung.

About Unibright

Unibright is one of the first technology service providers worldwide that is able to integrate existing business processes with Blockchain technology. The company was founded in 2016 by managing directors Marten Jung and Stefan Schmidt from the well known German consulting company, SPO Consulting GmBH. The team is comprised of SAP and process integration veterans with more than 20 years of experience in the field. Learn more about Unibright’s Blockchain Integration venture at https://unibright.io/

Facebook: https://www.facebook.com/Unibright.IO
Telegram: https://t.me/Unibright_IO
Twitter: https://twitter.com/Unibrightio
Medium: https://medium.com/@UnibrightIO

Media Contact
Contact Name: Marten Jung
Contact Email: team@Unibright.io

UniBright is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

The post Unibright Announce New Partners for their Blockchain Integration Venture appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Unibright Announce New Partners for their Blockchain Integration Venture

Bankera ICO is Now Live: Be Part of the Banking Revolution

November 30, 2017, Vilnius, Lithuania — In September, Bankera (https://bankera.com/) completed one of the biggest pre-ICO sales to date after raising 25 million Euros and gathering more than 16,000 contributors. Now, after much anticipation, its’ ICO sale officially opened to the public on November 27th.

Bankera is building a revolutionary bank for the blockchain era, which will eventually become a one-stop store for all financial services. It is an operational fork of SpectroCoin (https://spectrocoin.com), a cryptocurrency solution service with an existing base of 490,000 clients and more than 64,000 cards issued.. Since it has already developed a core infrastructure equivalent to traditional banks, a natural extension of the company is to leverage its’ existing technology to build Bankera.

Bankera’s Updates

Bankera has built a team of over 50 talented professionals with expertise in diverse fields. Audrius Ziugzda, an expert banker, is the latest addition to company’s advisory board. He brings with him over 20 years of experience in the banking sector, mainly in the M&A, banking operations and strategic fields. He joins names such as Lon Wong, president of the NEM.io foundation, Antanas Guoga, a member of the European Parliament, and Eva Kaili, also a member of the European Parliament.

Bankera’s Services

In order to operate in a spectrum of different fiat currencies and to facilitate cross-border transactions, Bankera will seek banking licenses in several key jurisdictions. This will help to lower the number of counterparties, resulting in reduced costs for the end consumer.

It will also offer core banking services, such as savings and loans accounts, as well as low-cost investment products, such as exchange-traded funds (ETFs) and crypto funds. Through Bankera’s MVP, SpectroCoin, contributors and clients can already use its services including fiat and cryptocurrency wallets, exchange and payment processing services. They can also order cryptocurrency debit cards, which can be linked to Bitcoin, DASH, Ethereum, or NEM wallets.

Bankera’s business development strategy, led by Craig Grant, who formerly worked at the Paysafe Group and Currencycloud, continues to deliver innovative and unique results. Most recently, the team released the demo version of Bankera’s exchange platform and the ability for its users to claim International bank account numbers (IBAN).

Bankera’s Own Exchange Platform

As the world of blockchain technology continues to grow and diversify, Bankera realised that was a demand for a viable product that would address the needs of all of its users. SpectroCoin’s #1 focus has been on giving its users a platform to purchase, sell and trade Cryptocurrency, which has therefore led to a solution tailored for that in regards of user experience, interface and cost structure. As trading becomes more widespread, Bankera continues to adapt to the always-changing market. As such, they have developed an in house, cost-effective exchange platform that will give its users the ability to trade at a most lower cost.

Bankera’s exchange will support most cryptocurrencies, such as Bitcoin, DASH, Ethereum, NEM, Litecoin to name but a few as well as ERC20 and NEM mosaic tokens. The company will be working closely with ICO contributors and cryptocurrency users throughout the project development, since it aims to develop a product that fits the needs of the community.

How To Buy Tokens

On November 27th Bankera has launched its main ICO sale which together with pre-ICO has already raised over 30 million euros with over 23,000 investors and counting. During the ICO, 30% of the tokens are available for sale to the public at the price of 0.017 EUR on SpectroCoin platform. ICO contributors can choose from more than 20 payment methods when to purchase their BNK tokens. These include a variety of cryptocurrencies, such as ETH, BTC, DASH and XEM, and fiat currencies like EUR, GBP, and USD.

Throughoutthe ICO, Bankera will continue to offer a weekly net transactional revenue share for all token holders. After the ICO, the company aims to obtain a banking license and transition to a fully operational banking service for both, fiat and cryptocurrencies.

Website: https://bankera.com/
White paper: https://bankera.com/Bankera_whitepaper.pdf
BitcoinTalk: https://bitcointalk.org/index.php?topic=2091093.0
YouTube: https://www.youtube.com/channel/UC3lEI3rq1W4fPFYPu9ZezFg
Facebook: https://www.facebook.com/bankeracom/

Media Contact
Contact Name: Ruta Cizinauskaite
Contact Email: ruta@bankera.com

Bankera is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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The post Bankera ICO is Now Live: Be Part of the Banking Revolution appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Bankera ICO is Now Live: Be Part of the Banking Revolution

Bid4CC Spearheads the First-Ever Online Cryptocurrency Auction

Bitcoin Press Release: Determined to take the cryptocurrency sphere by storm on its day of launching, Bid4CC breaks ground online as the world’s first cryptocurrency auction site.

Cayman Islands, November 27, 2017 – Determined to take the cryptocurrency sphere by storm on its day of launching, Bid4CC breaks ground online as the world’s first cryptocurrency auction site. The virtual money bidding portal packs a punch with its digital currencies any user can afford making a bid for. Surprisingly, any bidder may win huge amounts of Bitcoin, Dash, Litecoin, or Bitcoin Cash just by making unique bids.

A unique twist to winning the top 4 cryptocurrencies
While boasting its record as the first company of its kind in the crypto auction community, Bid4CC invites initial coin offering (ICO) enthusiasts to take part in its time-based online bid-and-win event that goes on a daily, weekly, and monthly basis. Great deals are at stake, especially big sums of the top four cryptocurrencies that await the winning bidders. But unlike any other public sale, the auction that the company hosts takes on a reversed bidding mechanism.
Instead of awarding the win to the highest bidder, Bid4CC gives it to whoever enters the lowest unique bid. If there is a mega auction in which the prize is 1 BTC, for instance, and 8 bids are made at 1.02, 4 bids at 1.05, 1 bid at 1.08, and 1 bid at 1.06; the one who shall get the prize by the end of the bidding period is he who bid at 1.06.
This proceeding does not only tender surprises to long-time users but also gives the uninitiated more encouragement for them to be part of the cryptocurrency ecosystem. This means that even those who are not in the know in terms of ICOs now have a chance to acquire digital assets just by making as many bids as they can afford.

Big bid packages to welcome new Bid4CC members
As the Bid4CC kick-starts its operations, it fully extends its arms to welcome more bidders across the globe. Its all-new website provides enthusiasts with an easy way to join the auction. Anyone who wants to make the most of the opportunity to win virtual monetary units simply needs to sign up. And yes, registration is free of charge.
Once officially registered, bidders are treated to 5 free bids in order for them to get the feel of the bid-and-win platform introduced by the website. They can bid as many times as they want. But, of course, to gain access to more bids, they will have to pay a certain amount via Bitcoin. Here are the packages new members can get the most of:

  • 0.0030 BTC for 100 bids
  • 0.0061 BTC for 250 bids
  • 0.0120 BTC for 650 bids

As Bid4CC brings forth the cryptocurrency auction, it looks forward to racking up new members who will seize the opportunities that await. Be part of the auction group now. Sign up with Bid4CC.
About Bid4CC
Bid4CC is a bidding evolution, wrapped up into one intelligent action-packed lowest unique bid discounted cryptocurrency auction site. For more information, please visit https://www.bid4cc.com/.

Media Contact:
Name: Mukund Joshi, Business Head
Email: info@bid4cc.com
City and Country Location: Cayman Islands

AML Bitcoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Bid4CC Spearheads the First-Ever Online Cryptocurrency Auction appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Bid4CC Spearheads the First-Ever Online Cryptocurrency Auction

Fintech Volatility Regulators MINEXBANK Hit the Exchanges with their Autonomous Algorithm Project, See a 9-Fold Increase in Price

Bitcoin Press Release: Minexcoin celebrate their third week of being officially exchange listed, and announce a 900% increase in price over that time frame, seeing recognition from CoinMarketCap as one of their “Biggest Gainers”

November 22nd , Hong Kong, China – About three weeks ago Minexcoin was listed on exchanges and presented a Memorandum of the autonomous algorithm for volatility regulation, known as MinexBank. We took a second look at this project to see how’s it going.

In a matter of weeks, MNX managed to achieve a 9-fold increase in price, and got into the “Biggest Gainers” list on CoinMarketCap, and strengthened at the price of $11. Now, as developers explain, the algorithm is being calibrated and the control over volatility will be ensured after reaching a price of $20 per coin. For those who are looking for mid- and long-term investments, it would be useful to read the Memorandum again.

MINEXBANK MEMORANDUM

for the period of 2017-2018

Dear members of Minexcoin community and the cryptomarket participants.

While entirely recognizing our responsibility to reach the main goal of Minexcoin project, namely, securing MNX with the status of reserve currency on cryptomarket, we at MINEXBANK would like to address you with this Memorandum.

From the moment of starting MNX trade at the stock exchanges on November 1, 2017, MINEXBANK is going to consistently process complex financial policy which aims to ensure the following macroeconomic indicators:

  • Reach the exchange rate of 20 USD/MNX in the near future – average rate through the basket of the top 10 cryptocurrencies.
    Provide an increasing exchange rate of MNX to USD upon reaching the above-mentioned rate by the end of 2017 on the basis of 42,7% annual growth. This level corresponds to average annual growth of market capitalization of the top 10 cryptocurrencies in 2016 – Q1 2017.
  • Next revision of the MNX growth rate to USD will be effected on March 1, 2018.
  • After March 1, 2018, the average annual growth rate of MNX to USD would be revised upwards based on realities of cryptocurrency market development. This is characterized by the significant growth of joint market capitalization in 2017 as compared to 2016.
  • The base annual parking rate of MNX will be reviewed every 6 months based on the assessment of changes occurring in the cryptocurrency market for the expired period. Based on the analysis of the growth rate of the cryptocurrency market for the last 6 months, the base annual parking rate is set at 85% now.
  • Special reservation: During the three months from November 1, 2017, there will be a period of creation and development of the MNX exchange market. The market will be formed in stages due to different terms of trades launching on various exchanges. In addition, there will be a process of testing and debugging the algorithm of Minexbank’s operation in real conditions (the development of a database and response tools). Therefore, deviations from the real macroeconomic parameters declared in the Memorandum are possible in the first three months.
    MINEXBANK will seek to achieve the above-mentioned indicators using corresponding parking rates of MNX or with direct BTC or MNX interventions, if necessary.

The total volume of preliminary MNX emission is 5 500 000 MNX. MINEXBANK’s reserve is 1 500 000 MNX out of the above-mentioned amount. The developers’ compensation is 1 000 000 MNX.

Developers have decided not to bring their coins to the market until the end of 2017. Hence the net money supply is 3 000 000 MNX while MINEXBANK reserve is 50% out of the net money supply. This testifies high level of the Bank procedures’ durability provided to stabilize the MNX market.

With the increase of the MNX volume in the market due to additional emission (work and miners’ reward) a gradual replenishment and increase of the reserves amount will be required. This growth will be ensured by a progressive percentage of deductions in favor of MINEXBANK for each unit unraveled by the miners:

  •   Blocks       1 – 900 001 = 20%
  •   Blocks       900 001 – 1 800 000 = 30%
  •   Blocks       1 800 001 – 2 700 000 = 40%
  •   Blocks       2 700 001 – 3 600 000 = 50%
  •   Blocks       3 600 001 – 4 500 000 = 60%
  •   Blocks       4 500 001 – 5 400 000 = 70%
  • After the coin issue is completed, starting from block number 5 400 001, miners will deduct a fixed 70% in favor of MINEXBANK.

We’d like to pay special attention of the MNX market participants to the following circumstance. MINEXBANK’s activity will be aimed at keeping the MNX quotes to USD within the 5% range of fluctuations relative to the representing the estimated growth rate of 42,7% per annum from the rate of 20 USD/MNX.

MINEXBANK urges all market participants to refrain from making deals outside the 5% corridor of  the exchange rate fluctuations in order to avoid possible financial losses.”

About MinexSystems

Minex Systems Limited”, a Hong Kong registered company, specializes in the blockchain product development. The company offers solutions which include the best of both conventional financial system and cryptocurrency ecosystem, and works on the unified Minex Platform. To date, the flagship product is an autonomous algorithm for controlling the volatility of MinexCoin named MinexBank.

Visit the Minex Systems Website: https://minexsystems.com/
View the Memorandum:https://minexbank.com/index.php?r=site%2Fmemorandum

 

Disclaimer: Minex Systems is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. ROI cannot be guaranteed. Readers are urged to make investment decisions at their own discretion and the company will not be responsible for the outcome of such decisions. This press release may contain certain forward-looking statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations they are based on will occur.

The post Fintech Volatility Regulators MINEXBANK Hit the Exchanges with their Autonomous Algorithm Project, See a 9-Fold Increase in Price appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Fintech Volatility Regulators MINEXBANK Hit the Exchanges with their Autonomous Algorithm Project, See a 9-Fold Increase in Price

PlusCoin Token Holders Will Get a Massive 20% Discount in Black Friday Sales, Nov. 24

22nd November 2017, Moscow, Russia – The PlusCoin team has exciting news for PLC token holders and DS Plus users. The Marketplace is opening once more for its Black Friday sale, making it the perfect time to try PlusCoin. PLC token holders will get a 20% discount on all purchases for 24 hours. This will give token holders ample room to get all the items they need on their wish lists.

If there are any PLC holders who missed the last sale, now is their second chance to enjoy a 20% discount. November has never been a better time to get into PlusCoin. This month, the Black Friday sale falls on Nov. 24. As Black Friday is one of the busiest shopping days, PLC token holders can avoid the crowds and the stress by shopping online, where shoppers can check the various deals from DS PLUS partners.

PLC holders are sure to look forward to the last Friday of each month until Marketplace launch. Using PlusCoin, Black Friday continues even after November. Be sure to act quickly, however, as this may be the second-to-last sale of this kind, this year.

Moving Forward: Excitement for PlusCoin Holders

The PlusCoin project gives a modern twist to loyalty promotions by using DS Plus, the first fully user-friendly crypto cash-back system. DS Plus gives businesses a convenient way to attract and retain customers. PLC token holders can look forward to products from various corporate partners, such as KFC, Reebok, Burger King, X5 Retail Group, and more. Users earn PlusCoin rewards whenever they make a purchase from partners.

What’s in Store for PlusCoin?

The excitement continues with key features under development such as a native P2P platform, so that PlusCoin holders can trade PLC with one another. This is the first step to integrating PLC into the wider market and eventually into mobile marketing applications worldwide.

Another feature to look forward to is the Marketplace aggregator tool, which enables the conversion of fiat into PlusCoin, and vice-versa. When the tool is complete, it will allow people who have no background of cryptocurrency to purchase items and services using PlusCoin, as fiat currency will be converted on the spot.

Then there is the upcoming “cryptoscoring” feature; an analytical platform for scoring users. It allows partners to use crediting for different purposes, such as P2P lending and credit institutions. Upon completion, these features will enable PlusCoin token holders to buy more and do more with PlusCoin.

About PlusCoin and DS Plus

The PlusCoin project was launched to popularize blockchain technologies, giving the average user a gateway to using cryptocurrency in everyday life. DS Plus is a platform where the PlusCoin currency is integrated. It is based on the Ethereum Blockchain.

Visit the PlusCoin Website: https://pluscoin.io/
Read about the ICO: https://pluscoin.io/#about
Meet the Team: https://pluscoin.io/#team
Read the Blog: https://medium.com/@DSPlus.io

Media contact
Contact Name: Denis Golub
Email: market@pluscoin.io
Location: Moscow, Russia

Pluscoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

The post PlusCoin Token Holders Will Get a Massive 20% Discount in Black Friday Sales, Nov. 24 appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
PlusCoin Token Holders Will Get a Massive 20% Discount in Black Friday Sales, Nov. 24

Bitcoin Cash Up As Original Chain’s Price Recedes

by shahabranaa

The fork of Bitcoin from August 2017 known as Bitcoin Cash (BCH) surged over 30% on Friday according to industry price analysts at Coinmarketcap. This corresponded with a marked drop in the price of the original Bitcoin’s (BTC) price to its lowest point since the start of November. Analysts are attributing the redistribution to the failed Segwit2x fork which was scheduled later this month. However, interestingly there seems a lack of consensus as to why traders are moving from BTC to BCH.

Some believe that it’s simply a matter of those traders who were holding Bitcoin to receive a dividend of new coins like what happened in August selling and moving back into various altcoins. Looking at the sea of green over Coinmarketcap immediately following the decision would suggest there’s a fair bit of truth in their opinion too. For them, part of the huge run up in price was caused by people buying in to get free coins. Now that there are no new coins, the money is flowing elsewhere. Chris Burniske, author of Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond believes this to be the case. He told CNBC:

You can see people playing back and forth between bitcoin and bitcoin cash trading depending on where they think near-term catalysts may be. It’s been a battle of investors versus traders that were stockpiling bitcoin to get their ‘bitcoin2x dividend’.

However, not all see it like this. There are some analysts who interpret the shift towards Bitcoin Cash as a belief in that version of the code, rather than the original – known in the industry as Bitcoin Core. For proponents of BCH like Roger Ver, the use of bigger blocks as a scaling method are closer to Satoshi Nakamoto’s original vision. Second layer scaling solutions like Segwit are not in line with the whitepaper which the mysterious Nakamoto published before disappearing early in the life of Bitcoin.

For those like director of XTB, Joshua Raymond, Segwit2x was an important step towards scaling the chain to be able to handle more transactions per second. More pragmatic than many of the hard coding, computer science-orientation anti-Segwit2x crowd, Raymond told Business Insider:

Everyone was hoping the Segwit2x would address this [transaction cost and time] but unfortunately, the delay due to a lack of consensus on the mechanics has affected confidence. Confidence on transaction speed in Bitcoin has deteriorated significantly in recent months. As Bitcoin Cash enjoys much faster transaction speeds, we have started to see a recycling of positions out of Bitcoin into Bitcoin Cash as a consequence.

For now, it’s unclear which interpretation of the numbers holds most truth. However, what is curious is that today, many alt coins like ETH and NEO are in the red as Bitcoin Cash moves higher. This casts doubt over the thesis that Bitcoin’s decline is simply down to people selling their BTC positions because there’s no longer a free dividend up for grabs. The negative growth of the rest of the market combined with the speed that BCH is rising suggests something more monumental might be afoot.

Source Link

The post Bitcoin Cash Up As Original Chain’s Price Recedes appeared first on CryptoCurrency News Magazine.

Source: Science of Crypto
Bitcoin Cash Up As Original Chain’s Price Recedes

The ‘Satoshi Coins’ Would Make Bitcoin’s Creator One of the Wealthiest People in the World

by writer
The ‘Satoshi Coins’ Would Make Bitcoin’s Creator One of the Wealthiest People in the World

The “pseudonym” Satoshi Nakamoto is worth more than $7 billion. Nakamoto’s potential bitcoin stake would be extremely high and would put the anonymous creator among the wealthiest people in the world.

Fiat currency’s fluctuation can easily be regulated by Government and Banks. But when it comes to cryptocurrency like Bitcoin, even big Banks are in handcuffs due to the secret identity of its founder and its decentralized nature.

Probing around the web, “Satoshi Nakamoto” is the only named revealed as the founder of Bitcoin, a computer programmer who invented Bitcoin and the currency’s cryptography with a decentralized nature. The identity is constrained in such a way that it points “pseudonym” which doesn’t specify whether it’s a man, woman, person or a group of people.

In 2008, the whitepaper appeared at metzdowd.com entitled “Bitcoin – A peer-to-peer Electronic Cash system.” Later in 2009, bitcoin has been launched with version 0.1 bitcoin software on Sourceforge.

However, it is still unclear who the real identity or identities behind “Satoshi Nakamoto” are, but the name was materialized across mailing list of whitepaper as the author. With increased popularity, Sergio Demian Lerner determined an estimate of how many bitcoin Satoshi Nakamoto held in 2013. Though he was unknown to everyone, in 2015, UCLA has announced him for the Nobel prize in a stream of Economic Science.

Bitcoin is continued reaching new milestone without valid evidence as to who invented it. Its decentralized volume has alleviated the new pace for country’s currency regulators to run the fiat currency in a more stabilized manner across the nation. Even though investor’s discussion, trader’s controversy and government’s regulation, Bitcoin is continuously trading with high volume.

Nothing prevents Bitcoin from breaking out the new record every time; few say it is a Bubble, others say it is a fake currency. There is no doubt that “cryptocurrency concept” originated with Bitcoin and now it has been used and continuing emerging across all businesses including banking, retailing, and media entertainment.

Nakamoto’s Bitcoin has a limit of 21 million where one million bitcoins are count for just under five percent of the total supply of the cryptocurrency. A bitcointalk post from 2011 elaborates on how the estimate of Satoshi’s worth was determined:

“the majority of the coins mined in 2009 (73 percent, 1,191,852 BTC) are still in possession of the original miner… Therefore I think we can safely assume that the people that mined the early coins in 2009 (likely “Satoshi Nakamoto and some friends”) did not sell or otherwise give away the majority of these coins. The coins that were moved (27 percent) might also well be still in their possession.”

John Hopkins University professor Matt Green has certainly described Satoshi’s power of overhauling the cryptocurrency market if they wish to do so. He further described Bitcoin as follows:

“The thing about bitcoin is if you control a million of them, you have the ability to flood the market at any point. Think of them as rare baseball cards. They’re valuable because they’re rare. If somebody could dump hundreds or thousands of Mickey Mantle trading cards, rare ones, onto the market, they wouldn’t be worth so much anymore.”

If Nakamoto would exist then his major share in Bitcoin would be much higher and would become a renowned person with the highest income in the world.

Accordingly, San Francisco’s investor expressed his opinion:

“If bitcoin fulfills its role of becoming a global currency, than Satoshi Nakamoto would likely be the richest person in the world and also hold a proportionately higher share of the ultimate supply of bitcoin than something like the U.S. government holds in gold today.”

However, Nakamoto said “Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone,” and it may be possible that these holdings are actually a very generous, initial donation whether intentionally or by accident, removing more than one million coins from the available supply forever.

Source

The post The ‘Satoshi Coins’ Would Make Bitcoin’s Creator One of the Wealthiest People in the World appeared first on Bitcoins Channel.

Source: Science of Crypto
The ‘Satoshi Coins’ Would Make Bitcoin’s Creator One of the Wealthiest People in the World

Bitcoin Cash Up As Original Chain’s Price Recedes

The fork of Bitcoin from August 2017 known as Bitcoin Cash (BCH) surged over 30% on Friday according to industry price analysts at Coinmarketcap. This corresponded with a marked drop in the price of the original Bitcoin’s (BTC) price to its lowest point since the start of November. Analysts are attributing the redistribution to the failed Segwit2x fork which was scheduled later this month. However, interestingly there seems a lack of consensus as to why traders are moving from BTC to BCH.

Some believe that it’s simply a matter of those traders who were holding Bitcoin to receive a dividend of new coins like what happened in August selling and moving back into various altcoins. Looking at the sea of green over Coinmarketcap immediately following the decision would suggest there’s a fair bit of truth in their opinion too. For them, part of the huge run up in price was caused by people buying in to get free coins. Now that there are no new coins, the money is flowing elsewhere. Chris Burniske, author of Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond believes this to be the case. He told CNBC:

You can see people playing back and forth between bitcoin and bitcoin cash trading depending on where they think near-term catalysts may be. It’s been a battle of investors versus traders that were stockpiling bitcoin to get their ‘bitcoin2x dividend’.

However, not all see it like this. There are some analysts who interpret the shift towards Bitcoin Cash as a belief in that version of the code, rather than the original – known in the industry as Bitcoin Core. For proponents of BCH like Roger Ver, the use of bigger blocks as a scaling method are closer to Satoshi Nakamoto’s original vision. Second layer scaling solutions like Segwit are not in line with the whitepaper which the mysterious Nakamoto published before disappearing early in the life of Bitcoin.

For those like director of XTB, Joshua Raymond, Segwit2x was an important step towards scaling the chain to be able to handle more transactions per second. More pragmatic than many of the hard coding, computer science-orientation anti-Segwit2x crowd, Raymond told Business Insider:

Everyone was hoping the Segwit2x would address this [transaction cost and time] but unfortunately, the delay due to a lack of consensus on the mechanics has affected confidence. Confidence on transaction speed in Bitcoin has deteriorated significantly in recent months. As Bitcoin Cash enjoys much faster transaction speeds, we have started to see a recycling of positions out of Bitcoin into Bitcoin Cash as a consequence.

For now, it’s unclear which interpretation of the numbers holds most truth. However, what is curious is that today, many alt coins like ETH and NEO are in the red as Bitcoin Cash moves higher. This casts doubt over the thesis that Bitcoin’s decline is simply down to people selling their BTC positions because there’s no longer a free dividend up for grabs. The negative growth of the rest of the market combined with the speed that BCH is rising suggests something more monumental might be afoot.

The post Bitcoin Cash Up As Original Chain’s Price Recedes appeared first on NEWSBTC.

Source: Science of Crypto
Bitcoin Cash Up As Original Chain’s Price Recedes

Coinvest Project by Microsoft Employees Announces ICO

Bitcoin Press Release: Coinvest, a blockchain project led by former Microsoft employees, has announced an ICO to raise $30 million to fund development of its decentralized stock market for cryptocurrencies.

November 10, 2017, Dallas, TX — Coinvest, an emerging startup comprised of Microsoft alumni, is announcing that it will offer a crowdsale of $30 million in COIN tokens to seed the world’s first decentralized stock market for cryptocurrencies, built on blockchain technology.

Crowdsale funds will be leveraged to continue the development of its products and drive the company’s mission of:

“Creating decentralized tools for the world to seamlessly, securely, and safely invest and use cryptocurrencies.”

Frustrated with the complexity, fragmentation, and quality of cryptocurrency investment options available on the market, Coinvest is determined to democratize cryptocurrencies by creating tools to:

  • Provide mechanisms for consumers to seamlessly, securely, and safely invest and use cryptocurrencies
  • Empower anyone to create investment vehicles for a personally curated index of cryptonized assets using one platform, one wallet, and one coin.

 

At the core of its product portfolio is the Coinvest protocol: A blockchain protocol defining investment transactions between users and the Coinvest smart contracts. Supporting the protocol is the Coinvest DAPP. The Coinvest DAPP empowers anyone to virtually invest in individual assets or a curated index of cryptonized assets through one coin. To do so, users create virtual portfolios and trade their favorite cryptocurrencies using market buy, limit buy, sell, and short orders. Orders are executed with the COIN token which are sent and held in escrow by the Coinvest smart contract.

The Coinvest DAPP and smart contracts keep track of all investment data including assets, distributions, etc. Upon executing sell orders, the smart contract releases invested funds and any profits back to the Coinvest DAPP. Users can then spend cryptocurrencies directly from the DAPP using their wallet or Coinvest debit account. All transactions and funds are digitally automated by open-source computer code and are never touched or managed by any third-party.

Coinvest is creating a future where users have one platform, one wallet, and one token (COIN), that enables anyone to create a digital investment portfolio to invest in multiple cryptocurrencies. Thereby reducing the cost, risk, and complexity associated with investing in cryptocurrencies on centralized exchanges or investment funds. Centralized third parties that are often needed in traditional investment use cases are replaced with smart contracts that act as autonomous agents and programmatically compensate all users, investors, and owners within the entire Coinvest ecosystem.

“By leveraging blockchain, smart contract, and Coinvest technology, investors now enjoy reduced transaction costs, autonomous investment options, and complete trust. For the first time, we are placing the power back into the hands of the public, and empowering them to invest in cryptocurrencies using the most decentralized, cost-effective, and seamless process possible,” says Coinvest founder and executive director Damon Nam.

Coinvest is offering contributors the opportunity to purchase COIN Tokens at http://coinve.st during its crowdsale this winter. Raising the crowdsale max cap of $30 million will create two reserves to ensure liquidity and collateral to back all user investments. Additionally, accelerate the development of additional tools to help investors all across the world.

 Website — http://coinve.st/
Whitepaper — https://goo.gl/3zhLHd

About Coinvest

Coinvest is the world’s first decentralized stock market for cryptocurrencies. Coinvest empowers anyone to virtually invest in individual or a curated index of cryptonized assets through one coin. The company’s mission is to create decentralized tools for the world to seamlessly, securely, and safely invest and use cryptocurrencies. For more information about Coinvest and COIN token, please visit:  http://coinve.st

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Source: Bitcoin Press Releases
Coinvest Project by Microsoft Employees Announces ICO

ASTEROID Ltd. Launches ICO: DEMOCRATIZING SPACE – One BlockClaim® at a Time…

Bitcoin Press release: All indicators suggest that Asteroid Mining will become mainstream in the foreseeable future. Those individuals, companies and nation states that avail themselves of this inevitability will enjoy the significant projected financial rewards.

November 10, 2017, Hong Kong — Asteroid, Ltd. (“Asteroid”) made international headlines today with the announcement of a highly anticipated ICO.  A Blockclaim®, which resides on the Ethereum network, is Asteroid’s proprietary platform, the world’s only mechanism to establish claiming rights to the 600,000 Asteroids already identified in our near celestial orbit.  Asteroid will provide this platform registry, using a state-of-the-art blockchain distributed ledger.

NASA says, by their estimates, there is over $700 Quintillion Dollars in mineral resources in asteroids available to humankind.  That is over $100 Billion for every human being alive today.  But who owns it and how do we make our claim?

Asteroid, Ltd., through its proprietary BlockClaim® ecosystem will make it possible to Democratize Space and allow anyone the ability to lay claim to space. “The Outer Space Treaty” declared and ratified this in 1967.  Essentially, it said Space is for all humankind, no Nation State or Sovereignty may claim space as their own.

Simply put, The Stars Are Ours!

In essence, BlockClaims® may likely be to Space what Domains are to the Internet.

Asteroid, Ltd. proposes a unique implementation, using our proprietary mechanism called a BlockClaim®. The described system will be deployed worldwide to record mining claims both in a terrestrial environment and a non-terrestrial space environment. The proposed system will leverage smart contract techniques to automate a process whereby the dataset will define a mining claim.  Asteroid, Ltd. recognises, that to truly democratize space, a decentralized system must be established that will allow any individual, corporation or nation state the ability to easily and efficiently make their claim. Each BlockClaim® is essentially an immutable and secure smart contract utilising the blockchain to store a BlockClaim®. The platform will also combine solutions for searching and paying the registration fee for claims using ASTR® Tokens (“ASTRCOINS®”).

Each Blockclaim® will be secured via a token called ASTR® (ASTRCOIN®) within the Ethereum platform. This will ensure significant usage of the ASTRCOIN® currency, giving liquidity and growth in the value of the currency.

As Space exploration grows so will the value of ASTRCOIN®.  Immediate liquidity is achieved through the consistent registration of BlockClaims®.

Asteroid, Ltd. was founded in November of 2015 at Cyberport in Hong Kong, a significant facility dedicated to the incubation of technology leaders.  Our innovation team is stellar and provides the backbone to the technical, financial, creative and marketing expertise necessary to ensure the ongoing stability and financial viability of the technology.

The Asteroid ICO is not only unique but it allows for a heartfelt and enchanting opportunity, whereby the dreams of our youth may become the reality of our future.

A BlockClaim® may only be registered using an ASTRCOIN®.  Hence, the intrinsic liquidity of each ASTRCOIN® is a part of the ecosystem itself.  As each of us recognise our right to claim space, the BlockClaim® ecosystem using the ASTRCOIN® will enable millions of ongoing transactions.

Our ICO Pre-Sale is open. The Pre-Sale event is from 6th November 2017 and will run through 20th November 2017. The ICO will open to the public on 21st November 2017 through 18th December 2017. Only 100,000,000 tokens will be issued. The Pre-Sale discount is 75% to early contributors. Week 1 through week 4 provide a scaled bonus provision as seen on https://www.astrcoin.io/.

ASTRCOIN®, a new currency with sustainable liquidity. 

ASTRCOINS®, upon completion of the Token Generation Event will freely trade on cryptocurrency exchanges.  Beyond this ASTRCOIN® may be used to register BlockClaims®.

To learn more about the ASTEROID ICO or contribute before it is too late, visit the official website at: https://astrcoin.io/

Pre-Sales: 06/11/2017 –  20/11/2017

ICO: 21/11/2017 –  20/12/2017

 Join us on:
• Website: https://www.astrcoin.io/
• Email: info@asteroidltd.com
Twitter: https://twitter.com/ASTRcoin
• Facebook: https://www.facebook.com/Asteroid-Ltd-708459336013729/?ref=bookmarks
• Medium: https://medium.com/@ASTRcoin
• Telegram: https://t.me/joinchat/HMExBUumuJYKJnghdMqQUA
LinkedIn: https://www.linkedin.com/company/asteroid-ltd/

Media contact:
Contact Name: Mr. J Walsh Jr. – COO
Phone: +852.6779.1787
Email: jwalshjr@asteroidltd.com

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

 

The post ASTEROID Ltd. Launches ICO: DEMOCRATIZING SPACE – One BlockClaim® at a Time… appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
ASTEROID Ltd. Launches ICO: DEMOCRATIZING SPACE – One BlockClaim® at a Time…