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…

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How to Bitcoin #2 – How is Bitcoin Processed

NEW ZEALAND – Guest Writer –The second in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Some hints and tips are provided, including some links to websites in order to guide you in your endeavour to understand Bitcoin, the “Internet of Money”.   How is Bitcoin Processed?   BTC is processed by computing power where a network of user-computers becomes a financial public ledger that will process the use of BTC. This is a network of computers and is…

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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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How to Bitcoin #1 – Introduction

NEW ZEALAND – Guest Writer – A series of articles will be published to introduce you to Bitcoin and what you can do with the cryptocurrency.  Some hints and tips are provided, including some links to websites in order to guide you in your endeavour to understand Bitcoin, the “Internet of Money”.     Firstly, what is Bitcoin?  Bitcoin (BTC) is a virtual currency, digital not physical, and independent of banks. It is a peer-to-peer network supported by its users via computing power with no central authority. It was designed…

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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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EOT, the Year in Review – 2017

What is EOT?  EOT is a new cryptocurrency started in July 2017. EOT can be used for Peer-2-Peer payments and confirmations are lighting fast with a new block mined every 90 seconds. In addition to the use of EOT as a currency, the main innovation behind EOT, is to use it for the encryption of devices connected to the internet also known as IoT [The Internet of Things]. IoT devices have increasingly become a target for online hacking and security breaches.   Thus the phrase:  IoT needs EOT   Below is…

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Limerick Blockchain Mastermind – Bank of Ireland, University of Limerick Campus

IRELAND – 6 December 2017 / Embedded Downloads announced today that they will host the next  Limerick Blockchain Mastermind at the Bank Of Ireland, Limerick University Campus.  The event will be held monthly with the next meeting scheduled for January 2018.   The aim of the Limerick Blockchain Mastermind is to bring blockchain experts from the financial, technology and other sectors together to explore opportunities presented by this new technology. The group will also be inviting blockchain companies and associated groups from Galway, Cork and Dublin.   The subject of…

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BitVault® introduced to FinTech community at London event

Embedded Downloads officially introduced BitVault®, the world’s first blockchain phone and crypto communicator at an event on 31 October 2017. The event was held at an exclusive London venue with Kash Amini, global brand representative and ambassador for BitVault®, welcoming selected guests from the banking, fintech and corporate community to an evening of food, drinks, and entertainment. The event was also attended by representatives of VVDN Technologies from India, the design and manufacturing partner for the BitVault®. According to Embedded Downloads the product was well received and the company and…

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Bitcoin Pushes Past $7000, is this sustainable?

Bitcoin one year ago was trading at $733, today Bitcoin is over $7000, an increase of more than 860% in 12 months.   source – Cryptocompare   Numerous questions arise as to the resilience of Bitcoin and why the price is driving towards new highs, some predicting from $10,000 by end of 2017 to the prediction of $27,000 in a few months time by Trace Meyer.   As reported by bitcoin.com, Economist Jeffrey Tucker believes that Bitcoin will not be controlled or limited by governments.  Tucker says “Bitcoin is the application…

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World’s Biggest Options Exchange (CBOE) Embraces Bitcoin

A 1.6 Billion Bitcoin Opportunity for Wall Street Exchanges detailed by a cryptocurrency report by the Bank of America Merril Lynch. Bitcoin can no longer be ignored as more investors want exposure to the cryptocurrency. Futures Options and ETF’s are the focus points for a collaboration between Gemini Bitcoin Exchange and the Chicago Board Options Exchange – when this comes to fruition, it could put a fire under the Bitcoin price and value.     In a recent Coindesk article on Bitcoin Futures Trading – “Among CME Group chairman and CEO…

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