2017 Blockchain and Cryptocurrency Hacks, Scams and Attacks

As the total cryptocurrency value continues to rise, so do the hacks, scams, and attacks in our new digital economy.   From false ICO’s, wallet hacks and deliberate scams, approximately $490 million was taken from the unsuspecting. CoinDesk examines the seven biggest cybercrimes involving the blockchain and cryptocurrency.  Watch this short video to learn more.       Read the full article – Click Here  How to hack Bitcoin Is Bitcoin a pyramid scheme or Ponzi? Get your copy of What is Bitcoin This e-book on Amazon explains what Bitcoin…

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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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Cryptocurrency Craze – Bitcoin Price Predictions for 2018

The world has gone crazy for Bitcoin and cryptocurrency in general… a current marketcap of $600Billion.  When did this all begin?  Bitcoin prices started to rise after Japan made Bitcoin a legal payment system on 1 April 2017, a perfect example of Government adoption.  This gave rise to the Japanese Yen dominating Bitcoin trading ranging from 50% to 60% in 24 hour periods according to Cryptocompare analysis … thus giving rise to the “Mrs. Watanabe” investor adoption.     On closer inspection according to Deutsche Bank and reported by Bloomberg, ……

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Bitcoin News 28 August 2017 – Bitcoin EFT’s Become More Likely as New ETF’s filed with SEC

Bitcoin News today with the leading story reporting that two more Bitcoin ETFs have been filed with the U.S. Securities and Exchange Commission (SEC). “Rex Bitcoin Strategy ETF” and “Rex Short Bitcoin Strategy ETF”. Their investments will include US-listed Bitcoin derivatives. Once ETF’s are listed on stock exchanges, this will open up the opportunity for thousands of investors such as institutions, banks, pension funds, insurance funds, hedge funds and any individual who has an account with the stock exchange. This could put a fire under Bitcoins price. According to a…

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Bitcoin News 2 August 2017 – Bitcoin Price Holds ground, Bitcoin Cash surges over 200% and Rising

Bitcoin News Today and the dominating story is the creation of Bitcoin Cash after a hard fork of the Bitcoin Blockchain on 1 August 2017. Bitcoin Cash Next process – splitting of Bitcoin and Bitcoin Cash to trade either way. Note: The Bitcoin Cash price has surged over 200% since recording the news.   This article from Bitcoin.com announces “Bitcoin Cash miners initiated the beginning of the fork on August 1 at 12:37 p.m. UTC at block height 478558. Now, six hours later Viabtc mined the first Bitcoin Cash block…

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Bitcoin News 1 August 2017 – Bitcoin Hard Forks, Bitcoin Cash Created

Today is a momentous day for Bitcoin – the day that the UASF, User Activated Soft Fork, activated. The Bitcoin price almost touched $3000 but dropped down around $2700 a little later. The Bitcoin hard fork, MAHF, Miner Activated Hard Fork, occurred at 12:20 UTC – miners that are mining Bitcoin Cash created a transaction block greater than 1 MB in size and forked the Bitcoin network – the creation of Bitcoin Cash.   Bitcoin.com reported “This past March Bitcoin.com launched its mining pool which has garnered quite a bit…

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What is Bitcoin Cash – BCH?

What is Bitcoin Cash?  Bitcoin History was made on 1 August 2017 – The Bitcoin Blockchain underwent a User Activated Hard Fork (UAHF) creating two cryptocurrencies – Bitcoin and Bitcoin Cash.     LATEST BITCOIN CASH NEWS On 15 November 2018, Bitcoin Cash underwent a hard fork which resulted in at least two blockchains without replay protection – one of these chains will be the dominant chain. Why is there a Bitcoin Cash fork? The Fork is the result of conflicting consensus between different Bitcoin Cash development teams. No consensus…

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Bitcoin News 31 July 2017 – Bitcoin Scaling D-Day, Protect Your Private Keys

Bitcoin news today and the dominating story is that today is D-Day, the day before the Bitcoin upgrade and potential fork which will create the much discussed, Bitcoin Cash. Some businesses have decided not to support Bitcoin Cash but either way, clients need to make alternate arrangements ensuring they control their private keys vs the business or exchange having control.         In an article posted by Bitcoin.com, there are two cardinal rules for the time during the SegWit upgrade and potential split in the blockchain creating two…

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Bitcoin News 29 July 2017 – Inching Closer to Bitcoin Upgrade, are You Ready?

Bitcoin News Today – We are inching closer to 1 August activation of Bitcoin Scaling, BIP91 – will we have a fork and create BCC (Bitcoin Cash) or will it be a non-event? Final signaling by all miners to implement SegWit has taken place while exchanges are still deciding to suspend trade during this time or not.  In the meantime, the Bitcoin price is strong as support has not waived. The Ethereum price has dropped somewhat, under $200, however, development in the Ethereum network continues, a good sign.    …

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Bitcoin News 26 July 2017 – Bitcoin Price Slumps as Bitcoiner Fear Rises ahead of BIP91

Bitcoin News today – As we approach 1 August and the implementation of BIP91 scaling solution, it appears that Bitcoiners are fearful of what might just happen in terms of a UASF (User Activated Soft Fork) and the possibility of creating Bitcoin Cash. Prepare yourself by making sure you have control of your private keys – use an offline hardware wallet at all times to protect your digital assets.   While this development is hot news that gets everyone excited, hopefully, the big news of the week does not go…

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