How to Bitcoin #5 – Ways to Make Money with Bitcoin

NEW ZEALAND – Guest Writer –The fifth in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Here is an overview of how to make money with BTC.   Buying and Selling A way to make money is to buy BTC/alt-coins at a low value and to sell at a higher value on an Exchange. Selling BTC as mentioned above can be done in any currency. Most large Exchanges allow users to trade back to US dollars. Another method would…

Read More

How to Bitcoin #4 – Storing Bitcoin

NEW ZEALAND – Guest Writer –The third in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Here is an overview of how to store your Bitcoin.   You can store Bitcoin or altcoins in the following ways:   Paper Wallet Offline Online Encrypted Hardware Device   Each method offers both pros and cons.   A paper-wallet is just that, a special code (address + keys) that is then printed out on a piece of paper. You can load BTC…

Read More

How to Bitcoin #3 – Bitcoin Trading

NEW ZEALAND – Guest Writer –The third in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Here is an overview of the buying and selling aspect of Bitcoin, trading.     BTC can be traded on Exchanges (online companies regulated/non-regulated and are located all over the world) to buy other alt-coins. Exchanges may also trade commodities and currencies. Some large BTC Exchanges that mostly trade against the US dollar are Bitstamp, Coinbase, and Bitfinex. Click here to view the…

Read More

BitVault®, World’s First Blockchain phone hones in on Enterprise market – Cointelegraph

  It was reported on Cointelegraph that BitVault®, the World’s First Blockchain smartphone are making strides in the Enterprise market.   According to the article, the company said that it is currently focussing on three sectors and are in advanced discussion with prospective partners and customers.   Defence Technology Financial Technology Manufacturers of mobile communication devices   Full article – Click here to CoinTelegraph      The enterprise market is huge and potential BitVault® sales could amount to millions. The Indian defence market, in which the company has already made some…

Read More

Forbes Journalist Predicts Bitcoin Crash below $ 1000!

In a recent article Chuck Jones, a Forbes contributor, cited his reasons why Bitcoin could fall to below $ 1000.     Here are the reasons listed in the article:   Regulation could have the biggest impact South Korea Japan China U.S. regulation There is no “value” to it Volatility can create nervousness A shakeout is coming ICOs (Initial Coin Offerings) Hacking theft of CCs FOMO or Fear of missing out Bitcoin mining scams Becomes too associated with criminals and rogue states Third parties changing their minds Bitcoin & Blockchain…

Read More

Will Regulators and Banks kill Bitcoin?

2018 has not started well for Bitcoin as the cryptocurrency started the year with 2 weeks of losses and last week we had four days of straight losses from Monday to Thursday.     Shock News for Bitcoin Banking   The year started off with a shock as Visa suspended a number of prominent cryptocurrency card providers without any notice, leaving some customers without cash. Some of the well-known companies affected were Cryptopay, Bitwala, Xapo, Bitstamp and many others. Bitwala also reported that their bank facilities were suspended with immediate…

Read More

Krambu Releases Cryptocurrency Mining Platform, Blockchain Hosting and Supercomputing Services

LAS VEGAS, Jan. 12, 2018 /PRNewswire/ Krambu, the industry leader in cryptocurrency mining, blockchain hosting and high-performance computing announced the release of their new app, website, and mining simulator.     “We are extremely excited to offer this emerging market a completely different sector that will allow the normal mining customer the best enterprise-level performance. We are equally excited to start offering blockchain hosting as a service to enterprise clientele,” said Dan Edwards, CEO of Krambu. “Working with a team who has the experience and knowledge from multiple technology industries…

Read More

Jamie Dimon Flip Flops on Bitcoin

The JPMorgan Chase & Co. chief executive officer, who last year called the cryptocurrency, Bitcoin a “fraud,” said in an interview with Fox Business he wishes he hadn’t dismissed the technology in such broad terms.     “I regret making” those comments, Dimon said “The blockchain is real. You can have crypto yen and dollars and stuff like that.”     Initial coin offerings, however, “you have to look at individually,” he said in the interview.   See the full article on Bloomberg – Click here         Bitcoin…

Read More

Xunlei OneThing Cloud wins Most Popular Product at CES 2018

Xunlei OneThing Cloud: Innovation of Shared Computing and Blockchain, Winning CES Most Popular Product Award Powered by GeekPark – BEIJING, Jan. 10, 2018 /PRNewswire/ — OneThing Cloud, launched by Xunlei, is the first product that leverages user’s idle computing resources and organizes them into a massive cloud computing infrastructure. This technology is called Shared Computing.   OneThing Cloud became one of the most popular products in 2017 intelligent hardware circles. Xunlei not only keeps breaking records of distributed cloud computing but also leads in commercializing blockchain in consumer use. Therefore,…

Read More

How to Hack Bitcoin

Bitcoin users are quick to point out that Bitcoin cannot be hacked but the sad fact is that millions of dollars worth of bitcoins have been stolen by hackers over the last few years and the problem is on the increase.     Recently $64 Million worth of Bitcoin was stolen from Slovenian mining operation, Nicehash. Full story – https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords   What are the most popular ways to hack Bitcoin?     Stealing Private Keys; The first thing to understand is that no one really owns a Bitcoin. The public bitcoin ledger…

Read More