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…

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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…

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Forget Korea… Bitcoin Rocks in Japan – Literally

Korea has been in the news lately for regulation or banning Bitcoin but meanwhile in Japan… Each of the eight girls represents one of the larger digital monetary formats. Yes, you’re supposed to cheer for bitcoin… or swoon over Ethereum (what, no Litecoin?). The group played its first concert on January 12th, and naturally, you had to pay in cryptocurrency to be one of the few members of the general public to get in.     Full Story – Click Here     The group’s first single, “The Moon and…

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Why Bitcoin is not for you

Bitcoin or cryptocurrency is certainly not for everyone and might not be for you if:     You believe in the system and trust banks: Some people cannot help themselves and have to believe that we can trust in the system or do not want the responsibility being in control of their own money. That way, if something goes wrong, you can blame someone else…   Fact is the system is broken and governments worldwide are running huge deficits.  The problems of the 2008 financial crisis have still not been resolved. …

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Shock Announcement – Bitwala and Cryptopay Card issuer WaveCrest Holdings Ltd immediately suspend Visa Debit Cards after instruction from Visa Europe

A shock announcement from Bitwala to their clients has been received.  The announcement went into effect immediately without delay.   Bitwala is a popular and growing blockchain banking service where many clients used Bitcoin to send & receive money, pay bills, and convert to load their VISA prepaid card.         The announcement states “Yesterday our Bitwala Card issuer WaveCrest Holdings Ltd received direction from Visa Europe to immediately suspend all Bitwala cards effective immediately. Unfortunately, neither Visa nor WaveCrest were able to provide us or you with more…

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CryptoBridge review – Trade EOT and Popular Altcoins

CryptoBridge is a decentralized exchange (DEX) in the hands of BridgeCoin owners.  BridgeCoin is a scrypt-compatible coin that was created in July 2017 in order to finance the development of the decentralized exchange. You can start using the decentralized exchange now at https://wallet.crypto-bridge.org/     The difference between Centralized and Decentralized With a centralized exchange, the exchange holds the private keys to your assets, and therefore you are at risk from anything that happens to the exchange. Look at what happened with Mt. Gox, for example, where it was hacked and…

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How to Keep your Passwords Safe

Passwords… we have so many to remember these days!  Passwords and pins to log onto our computer, phone, bank accounts and most recently, cryptocurrency wallets which are getting a lot of attention as the market cap value increases.  Low and behold if you lose one of these passwords.  There have been some horror stories lately where people who bought Bitcoin years ago when it hardly cost anything, now realize they could be a whole lot richer if they could at least remember their password!     “I’ve tried to ignore…

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Bankers, Investors and Economists on Bitcoin during 2017

2017 has been the year that Bankers, Investors, and Economists have had a lot to say about Bitcoin and cryptocurrency in general.  Some views are bearish, some are bullish and some confess to not understanding this new market at all and prefer to stay away.     Watch this short video, read their quotes and consider their views.  Decide which direction you will follow.         Read the full article – Click Here     Perhaps the cybercrime during 2017 is concerning to some – 2017 Blockchain and Cryptocurrency…

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More Bullish Bitcoin Price Predictions for 2018

Tom Lee, a market strategist from Fundstrat, is buying in this so-called “Bitcoin pullback”.  He has now increased his mid-2018 Bitcoin price target to $20000 from the initial prediction of $11,500.   No doubt the price has dipped due to profit taking, however, newcomers to this market could be running scared thinking they have already lost.  For fear of losing out (FOMO), some people have mortgaged their homes, while others bought on credit – consider this, the rule of thumb is never to invest more than you can afford to lose in…

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Gibraltar Blockchain Exchange and QUOINE Announce Strategic Partnership

TOKYO, Dec. 22, 2017 /PRNewswire/ — The Gibraltar Blockchain Exchange (GBX) and QUOINE are pleased to announce that they are forming a strategic partnership, built on industry best practice and proven technology to provide the cryptocurrency markets with a robust global liquidity alliance.   GBX’s ambition is to build a world-leading institutional-grade token sale platform and cryptocurrency exchange. As a subsidiary of the Gibraltar Stock Exchange (GSX), GBX and GSX have a unique proposition, to be the global listing and trading exchange for utility tokens and tokenised securities that have satisfied a strict due diligence process…

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