Exploring The Diversification Benefits With Bitcoin - Binance

Hoo.com Founder Ruixi Wang: Dive into Blockchain with Great Ambition

We are counting down for Bitcoin halving 2020.
But this time, the halving seems much more special compared to the previous two with the COVID-19 pandemic and its aftermaths. Bitcoin is facing its first real challenge as well as opportunity.
“The confidence the halving brings is more important than its actual market performance. The COVID-19 pandemic might accelerate the downmarket, but it will also cause a quick reverse of the economy. From that perspective, the halving together with the pandemic will possibly have a positive influence on the crypto space. My prediction is that Bitcoin price will skyrocket to $100,000 by 2021.”
That’s how Ruixi Wang views the Bitcoin halving under the circumstances of the COVID-19 pandemic. What insights and cognition the 30-year-old entrepreneur has on the crypto and blockchain sphere? Why did he predict boldly that the Bitcoin price would reach up to $100,000?
Blocklike had a conversation with Ruixi Wang, founder of Hoo.com, who shared his opinion on the blockchain industry and the “evolution history” of Hoo.com.
The 30-Year-Old “Veteran”
“Not being content with the status quo and always staying curious with new things were the two incentives that got me involved in blockchain. I have a technical background, so I’ve always been keen on technology and its progress, trends and development. I got to know cryptocurrency by chance years ago, and I was deeply attracted by its novel concept right away. But I was in the wave of big data start-ups at the same time. I was a big fan of that too. So I got myself into a dilemma — which one should I pick? But after a few strugglings, I turned to crypto in the end,” Ruixi Wang recalled how he ended up in crypto.
Although he stepped into the space in its infancy, Wang’s blockchain career was not always smooth.
Starting his blockchain trip by building a Bitcoin information navigator, Wang then worked for the mining team of a young talent Kaomao. He took over his mining machines and built his own company when Kaomao suddenly vanished. He also bought out PoW8.com, a cloud computing platform, and established an ICO investment platform before founding Hoo.com. The rapid changes forced Wang to challenge and to break himself. Now Wang has become a true “veteran”with his 8 years experience in the industry .
Looking back on the past, he summed up his experience with “diving into blockchain with great ambition”. He said that his inherent curiosity drove himself forward, during which he had to face more challenges but also gained more opportunities than his fellow peers. At the same time, it is precisely because of his persistence and full confidence in the future of crypto that enabled him to adjust his positioning and quickly adapt to a firm foothold in the rapid change of the industry.
Talking about his feelings about his 8 years in the sphere, Wang said: “What impressed me most was the volatile ups and downs of this industry. I withdrew from a stable job and quickly plunged into a new space. I’ve seen so many new faces pouring into the industry while so many old players leaving at the same time. Only those who are in my shoes would comprehend.”
The “get rich quick” myth is fading away, which leaves a bunch of outstanding companies and talents in the blockchain space. For that, Wang believes that perseverance and confidence are vital. “For the better development of the industry, we need companies and people who are confident in themselves but are always willing to correct themselves at the same time.”
“And it turns out true. Huobi, OKex and Binance merged immediately after BTCC, the first Chinese Bitcoin exchange, fell down. These top exchanges made the industry bigger and better. On the other hand, crypto wallets like Bitpie, have also made great contributions to the safe and sound development of the industry. I believe these people are persistent and confident in what they are doing and I also believe that they will have a bright long future,” explained Wang.
The Road to Hoo.com
When it comes to his latest start-up Hoo.com, Wang feels lucky that he seized the opportunity to do the right thing.
In 2017, Wang ran into the ICO heat when he was seeking for a transformation from the mining industry. With a technical background, he chased the wave and invested in quite many projects and tasted blood until ICOs were completely banned on September 4.
He had to seek another way out. Wang found that there were still gaps to be bridged in the asset management and financial system. He believed “asset management” will be a long-term inflexible demand in the industry. Therefore, Hoo Wallet was born. And that’s the mission of Hoo — to solve the safety issue of asset management as a basic service.
Focusing on the mission, Hoo Wallet launched a Co-management feature, Hoo Custody, Deposits and Lending services, etc. In June 2019, Hoo.com was officially launched as a crypto exchange along with two acquisitions. It aims to be a one-stop blockchain asset service platform covering trading, savings, lending, asset custody and DEX, etc.
There are much more competitors in the exchange field than wallets. How will Hoo stand out given the fact that Huobi, OKEx and Binance have shared almost all of the market? Wang explained that even though Hoo seemed to be a new player as an exchange, they have explored for two years in the savings and lending business as well as the node service for over 20 blockchains.
“The threshold for building an exchange is relatively low. There are too many propogandas and speculations. In fact, exchanges depend heavily on technology and marketing. It is hard to “graduate” in the end. As for Hoo.com, we are well-equipped on the technical side. Apart from that, Hoo.com had a good starting line when we spent $10 million on the acquisition of Chaince and OAX and migrated their users directly,” added Wang.
Besides, Wang is of the opinion that the top exchanges are greatly affected by the pandemic and the March 12 Black Swan event. All the exchanges are back to the starting point to some degree. What they will compete for next would be “service”. It is true that the top players have taken up the market, but from the perspective of the whole crypto financial market, there is still much space to explore. Which means that there’s still a lot to grow for top exchanges and there are huge opportunities for tier 2 and tier 3 exchanges.
The Ambitious Hoo.com
In Wang’s opinion, there are often times when those who speak louder or make more noise seem to be more impressive. As a matter of fact, a start-up cannot live without good products and services.
Calling himself an entrepreneur, Wang now has something to await for the business he built. From savings, lending to spot trading and perpetual contracts, the ambitious Hoo never stopped being just a wallet.
He pointed out: “So far, users seem to be satisfied with our savings, lending and derivatives products. But we still have a long way to go. We are aware of our problems. Anyway, facing up to your shortcomings is the first step to move forward.”
What Hoo.com wants to build as a platform, and what kind of products and services will it provide?
Wang reveals to Blocklike that Hoo.com has two different goals in the medium and long term:
In the medium term, Hoo.com will focus on derivatives including futures, contracts and options. It will not be limited to the crypto space. They will build partnerships with well-known traditional financial organizations.
In the long term, the plan is to build a clearing system, which refers to the clearing between fiat and cryptocurrency. Hoo aims to be a bridge that gaps between the traditional market and the crypto market.
The reason why Wang wants to build this clearing system is also based on his positive expectation on the blockchain industry.
He told Blocklike: “There is a lot of favorable news lately. The central bank accelerated its pace in DCEP adoption. BSN, the state level blockchain service network, is about to be commercialized. Ant Financial open chain was officially launched… Compared to the development of the Internet, blockchain technology will welcome a more competitive state involving companies, countries and even the whole world in the next period and it will prosper like the Internet.”
submitted by Hooexchange to u/Hooexchange [link] [comments]

Cryptocurrency Software Market Top-Vendor and Industry Analysis by End-User Segments 2026

The Analysis report titled “Cryptocurrency Software Market 2026” highly demonstrates the current Cryptocurrency Software market analysis scenario, impending future opportunities, revenue growth, pricing and profitability of the industry.
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Key Companies Analysis: Binance, Coinbase, Poloniex, LocalBitcoins, BTCC, Bittrex, Kucoin, Bitfinex, Kraken, Cryptopia, and Electroneum
CLICK TO GET SAMPLE REPORT OF CRYPTOCURRENCY SOFTWARE
New vendors in the market are facing tough competition from established international vendors as they struggle with technological innovations, reliability and quality issues. The report will answer questions about the current market developments and the scope of competition, opportunity cost and more.
This report focuses on the global Cryptocurrency Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cryptocurrency Software development in United States, Europe, China, Japan, Southeast Asia, India, Central & South America.
The Cryptocurrency Software market is a comprehensive report which offers a meticulous overview of the market share, size, trends, demand, product analysis, application analysis, regional outlook, competitive strategies, forecasts, and strategies impacting the Cryptocurrency Software Industry. The report includes a detailed analysis of the market competitive landscape, with the help of detailed business profiles, SWOT analysis, project feasibility analysis, and several other details about the key companies operating in the market.
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Table of Contents:
Global Cryptocurrency Software Market Size, Status and Forecast 2020-2026
Chapter One: Report Overview
Chapter Two: Global Growth Trends
Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
Chapter Five: ​ United States
Chapter Six: ​ Europe
Chapter Seven: ​ China
Chapter Eight: ​ Japan
Chapter Nine: India
Chapter Ten: Central & South America
Chapter Eleven: International Players Profiles
Chapter Twelve: Market Forecast 2020-2026
Chapter Thirteen: Analyst’s Viewpoints/Conclusions
submitted by techreport12 to u/techreport12 [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to btc [link] [comments]

Top 10 Richest People in the World, in Bitcoin

Bitcoin has been given the nickname “digital gold”. This is because of its characteristic as a store of wealth. Many big investors are resorting to Bitcoin as a good place to put their money. The reason for this is not just because it can be sustained, but also because of the high tendency of appreciation in value. Here we shall be considering the top 10 richest people in the world, in Bitcoin.
We will take a look at their net worth, and how much that amounts to in Bitcoin. We will also consider their primary business and a little bit of their history. How they started out in the Bitcoin ecosystem and what they have achieved so far will also enable us to understand more about them.
So, here is a list of the top 10 richest people in the world, in Bitcoin.
10. Matthew Roszark
Matthew Roszark is the founder of Tally Capital, and co-founder of Bloq. Roszark is widely known as the man who gave Richard Branson and Bill Clinton their first Bitcoins. Roszark made it early into the Bitcoin space and participated in the very first ICO in 2013. Although that wasn’t what it was called at the time.
Roszark has investments in 20 startups in the cryptocurrency ecosystem, some of which have gone ahead to do great things. Some of the startups that he invested in include Coinbase, Kraken and BTCC.
Roszark’s net worth is $1 billion, which amounts to 102,712.94 BTC (at the time of writing).
  1. Anthony Di Iorio
Anthony Di lorio is the founder of Jaxx and Decentral, and co-founder at Ethereum. Having studied a bit of economics and trying to find out the true essence of money after the recession of early 2000, Di lorio discovered Bitcoin and decided to explore. He started a Toronto Bitcoin-meetup, where he met his eventual co-founder of Ethereum, Vitalik Buterin.
Di lorio contributed his personal funds towards the coding of Ethereum, and has since been involved in a number of other crypto assets. Some of them include Qtum, VeChain and ZCash.
Di lorio is a serial investor who commits to projects at an early stage, then after levelling up, he pulls his funds and moves on to something new. His net worth of $1 billion is the equivalent of 102,712.93 BTC.
  1. Michael Novogratz
This CEO of Galaxy Digital is also popular in the field of macro hedge fund management. Novogratz started investing in cryptocurrencies in 2013 and two years later he left his position at Fortress Investment Group to focus on crypto.
In the cryptocurrency industry, Novogratz is known as a seasoned trader who believes that the crypto market as it is today is a bubble. According to him, his aim is to make as much money as possible from the bubble before it bursts.
Novogratz is worth $1 billion which is the equivalent of 102,712.92 BTC
  1. Cameron and Tyler Winklevoss
The Winklevoss twins arrived in the face of the public through the controversial law suit against Facebook for intellectual property theft. They eventually won the case and were paid $11 million in compensation.
With many Silicon Valley startups not wanting to get into Facebook’s black book, the twins seemed to not have where to invest their money. They were introduced to Bitcoin by Brooklyn-based investor David Azar in 2012, and found their new investment ecosystem.
Over the years, the astronomic rise in Bitcoin price has turned their $11 million investment to a $1 billion portfolio of 102,712.91 BTC.
  1. Matthew Mellon
Matthew Mellon’s money started as old money which he inherited from family sources. However, through his “crazy” investment approach, he has been able to build a fortune out of his family inheritance.
Having bought into Bitcoin some years ago, Mellon abandoned his early investments and sold his Bitcoins at some point. His attachment with the banking industry and the XRP feasibility attracted him to the coin.
Mellon spent $2 million to acquire XRP tokens a few years back. That investment has grown to $1 billion, in the equivalence of 102,712.90 BTC.
  1. Zhao Chaopeng
Zhao Chaopeng popularly known as CZ, is the founder of cryptocurrency exchange, Binance. Within one year of its launch, Binance became the largest cryptocurrency exchange in terms of volume.
The platform’s tokens were sold at a price of 10 cents during its ICO. At the time of writing, the price of the coin has risen to over $27 and CZ owns a huge volume of the coins.
In 2014, CZ sold his house in Shanghai, which was practically all he had, to go all out into Bitcoin. Today, his net worth is $1.3 billion, which is equivalent to 133,523.65 BTC.
  1. Brian Armstrong
Brian Armstrong is the CEO of Coinbase, the largest cryptocurrency exchange in America. Coinbase was founded in 2012, and is the most patronized cryptocurrency exchange in the US. The exchange has also expanded, and is now available in many countries of the world.
In 2018, the exchange embarked on a financing round that saw it raise $300 million, and the company is now valued at $8 billion.
Armstrong’s net worth stands at $1.3 billion, with equates to 133,523.64 BTC.
  1. Jihan Wu
Johan Wu is the co-founder of Bitmain, a China-based Bitcoin mining giant. Together with Micree Zhan Ketuan, they have grown Bitmain to become a household name in the industry, and the main supplier of ASIC-chip miners. Wu is also popular for his open support of Bitcoin Cash.
Wu is estimated to be worth up to $1.5 billion, which translates in Bitcoin to 154,065.75 BTC.
  1. Chris Larsen
Chris Larsen is the co-founder of Ripple, a company which was founded in 2012 with Jed McCaleb, the founder of Mt Gox.
Larsen is regarded as a self-made billionaire, with the bulk of his wealth coming from cryptocurrency enterprises. Ripple boasts many top end customers in its portfolio. Among the list includes Bank of America, Santander and Mitsubishi Financial.
Larsen’s net worth is estimated at $1.5 billion, which is equivalent to 154,065.74 BTC.
  1. Micree Zhan Ketuan
Zhan is the co-founder of Bitmain technologies. Bitmain is regarded as the biggest Bitcoin mining company in China. The company is also known to specialize in the sale of ASIC-chip miners.
Zhan is an electrical engineer by training and is the builder of the ASIC chips on the Bitmain hardware. He is an acclaimed self-made billionaire whose source of wealth is the manufacturing and sales of cryptocurrency mining chips.
Zhan’s net worth is estimated at $2.7 billion, which when converted to Bitcoin is 215,692.05 BTC.
Conclusion
The dominant investment industry concept is evolutionary. At different eras of existence, different industries have produced different money magnates. Serial investors at the same time have found ways of aligning with the prevailing markets as the times change.
With the advent of Bitcoin and blockchain technology, the digital assets ecosystem appears to be making a strong statement in the wealth sector. The number of self made billionaires within this sector is a testimony to the impact of this concept in today’s world.
The top 10 richest people in the world, in Bitcoin, parades some names that can stand side-by-side with money magnates of traditional industries. With more developments likely to emerge in the crypto ecosystem, it will not be surprising to see the number of crypto-made billionaire skyrocket in the near future.
https://medium.com/@4kingsocials/top-10-richest-people-in-the-world-in-bitcoin-94183268189b
submitted by OliAustin101 to CryptoNewsandTalk [link] [comments]

Cryptocurrency Software Market Boosting The Growth | Leading Key Players Forecast 2019 – 2024

Cryptocurrency Software Market Research:
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Top manufactures include for Cryptocurrency Software market such as: Binance, Coinbase, Poloniex, LocalBitcoins, BTCC, Bittrex, Kucoin, Bitfinex, Kraken, Cryptopia, Electroneum
Cryptocurrency Software Market Segment by Type: Cloud Based, Web Based
Applications can be classified into: Large Enterprises, SMEs
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The report Cryptocurrency Software market lists down some of the key players and analyzes their share in the Cryptocurrency Software market. Insightful information about the key players such as business Cryptocurrency Software Market overview, product offerings, and Cryptocurrency Software industry revenue segmentation has been provided in the report. The Worldwide Cryptocurrency Software Market report forecasts the growth of the key players in the coming years. Recent developments in the Cryptocurrency Software market have been taken into account while projecting the growth of the key players according to Cryptocurrency Software market scenario.
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09-23 06:33 - 'After IEO, SIEO will lead the new trend in the industry' (self.Bitcoin) by /u/btcc100 removed from /r/Bitcoin within 48-58min

'''

The rise and fall of IEO

IEO(Initial Exchange Offering) is the practice of Offering stock to the users of an Exchange as a platform for raising capital.
In 2018, the emergence of IEO caused a frenzy of popularity, especially the launch of a number of IEO projects in the leading exchanges such as Binance, Huobi and OKE, as well as the high investment returns in a short period of time, which made IEO a hit.

[ IEO ]1
The biggest drawback of Initial Coin Offering is its freedom and lack of supervision. Since its flourishing in 2017, about 70% of ICO projects have failed to go online and investors have lost all their money.ICO is gradually pre-cooled and even abandoned under the lack of trust, which directly leads to the “cold winter” of blockchain industry.
IEO is endorsed by the exchange, and the exchange is responsible for the review of the project, which can exclude most “fraudulent projects”. At the same time, the exchange will also become the main trading market of the project in the secondary market. The emergence of IEO is a good solution to the trust crisis of ICO.

[ IEO project ]2
The above is part of the IEO project data collected by the author.In terms of ROI, the investment value of IEO projects has declined, with about 75% of projects down about 50% and 39% down more than 75% since the IEO project was born.So many projects are broken, what are the problems with IEO?

The pain points of IEO

The first pain point: the currency rules are not transparent, exchange weight is high, not conducive to the development of the industry.
In the whole IEO process, the exchange has the absolute right of speech, the project manager and the user must participate in IEO under the rules of the exchange.
Driven by interests, the rights and interests of the user and the project side cannot be effectively guaranteed. Most of the broken projects are the game between the exchange and the project side, and the user pays the bill in the end.For example, Binance announced that COCOS, a premium project that does not require online currency service fees, plummeted by 70% within two days of its launch.Some media pointed out that the main purpose of COCOS online is to sell currency for cash.
The second pain point: low success rate, high cost of user participation.
Almost all exchanges have set a threshold for participating IEO users, most of whom must hold their platform tokens, and the success rate is extremely low.On August 25, Binance released subscription data for the latest installment of its IEO project, Perlin(PERL).According to the announcement, the PERL success rate for this issue was only 5.46%.
Third pain point: lack of hematopoietic capacity, difficult to sustain the value of the project.
Due to the influence of environmental and technological factors, the conditions for the application of blockchain technology are not mature. Most IEO projects lack self-profitability and rely solely on the pull of users, without project feedback, the value of platform tokens cannot be sustained.

[ BitCentury ]3

A better solution, SIEO, was born

SIEO(Sustainable Initial Exchange Offerings) is a Sustainable extreme deflation model pioneered by Bit Century Exchange(BTCC).A certain amount of discount platform tokens are released to apply for purchase quota every day. Users can obtain subscription qualification and quota through registration, sharing and holding platform token BTCC, etc. and participate in daily subscription at a very low discount price to obtain income.

[ SIEO ]4
What are SIEO’s advantages?
First, the mechanism is fair and transparent:
All data rights of SIEO are open and transparent, and users can participate equally.
Second, 5–30 discount subscription, earnings controllable
The subscription price is determined by the average price of the previous trading day, the price is transparent, the expected income is reliable, and the user’s investment is more secure;
Third, high frequency
Users can participate in SIEO subscription every day with high frequency, which can avoid the impact of single IEO on the secondary market.
Fourth, the deflation mechanism
SIEO has a mechanism of extreme deflation, daily earnings, platform earnings and so on will be used to buy back deflation.
Fifth, platform support
SIEO has the support of the platform, the platform has a variety of profit models, with a strong hematopoietic capacity.
Sixth, drainage advantage
SIEO is more suitable for exchanges to attract new, suitable for a wider range of people, more traffic is the key factor driving the development of the industry.
SIEO is an innovation of modern science and technology finance theory. Relying on the trading platform, it can guarantee the continuous appreciation of the platform tokens through the repo deflation mechanism under the fair and transparent rule system.
SIEO is an updated version of IEO that will lead the industry in a new direction.
BitCentury’s official website: [[link]6
'''
After IEO, SIEO will lead the new trend in the industry
Go1dfish undelete link
unreddit undelete link
Author: btcc100
1: i.red****/8p8*cm7q5ao31**ng 2: **re*d.it*o*x7woi*5ao31*png 3: i.redd*i*/r*i***zu5ao*1.png 4: *.redd.it/5rel*sx*5*o3*.p** 5: ww*.btcc100***m/ 6: w**.bt*c1*0.c*m/]^^5
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to Bitcoincash [link] [comments]

Top 10 Richest People in the World, in Bitcoin

Bitcoin has been given the nickname “digital gold”. This is because of its characteristic as a store of wealth. Many big investors are resorting to Bitcoin as a good place to put their money. The reason for this is not just because it can be sustained, but also because of the high tendency of appreciation in value. Here we shall be considering the top 10 richest people in the world, in Bitcoin.
We will take a look at their net worth, and how much that amounts to in Bitcoin. We will also consider their primary business and a little bit of their history. How they started out in the Bitcoin ecosystem and what they have achieved so far will also enable us to understand more about them.
So, here is a list of the top 10 richest people in the world, in Bitcoin.
10. Matthew Roszark
Matthew Roszark is the founder of Tally Capital, and co-founder of Bloq. Roszark is widely known as the man who gave Richard Branson and Bill Clinton their first Bitcoins. Roszark made it early into the Bitcoin space and participated in the very first ICO in 2013. Although that wasn’t what it was called at the time.
Roszark has investments in 20 startups in the cryptocurrency ecosystem, some of which have gone ahead to do great things. Some of the startups that he invested in include Coinbase, Kraken and BTCC.
Roszark’s net worth is $1 billion, which amounts to 102,712.94 BTC (at the time of writing).
  1. Anthony Di Iorio
Anthony Di lorio is the founder of Jaxx and Decentral, and co-founder at Ethereum. Having studied a bit of economics and trying to find out the true essence of money after the recession of early 2000, Di lorio discovered Bitcoin and decided to explore. He started a Toronto Bitcoin-meetup, where he met his eventual co-founder of Ethereum, Vitalik Buterin.
Di lorio contributed his personal funds towards the coding of Ethereum, and has since been involved in a number of other crypto assets. Some of them include Qtum, VeChain and ZCash.
Di lorio is a serial investor who commits to projects at an early stage, then after levelling up, he pulls his funds and moves on to something new. His net worth of $1 billion is the equivalent of 102,712.93 BTC.
  1. Michael Novogratz
This CEO of Galaxy Digital is also popular in the field of macro hedge fund management. Novogratz started investing in cryptocurrencies in 2013 and two years later he left his position at Fortress Investment Group to focus on crypto.
In the cryptocurrency industry, Novogratz is known as a seasoned trader who believes that the crypto market as it is today is a bubble. According to him, his aim is to make as much money as possible from the bubble before it bursts.
Novogratz is worth $1 billion which is the equivalent of 102,712.92 BTC
  1. Cameron and Tyler Winklevoss
The Winklevoss twins arrived in the face of the public through the controversial law suit against Facebook for intellectual property theft. They eventually won the case and were paid $11 million in compensation.
With many Silicon Valley startups not wanting to get into Facebook’s black book, the twins seemed to not have where to invest their money. They were introduced to Bitcoin by Brooklyn-based investor David Azar in 2012, and found their new investment ecosystem.
Over the years, the astronomic rise in Bitcoin price has turned their $11 million investment to a $1 billion portfolio of 102,712.91 BTC.
  1. Matthew Mellon
Matthew Mellon’s money started as old money which he inherited from family sources. However, through his “crazy” investment approach, he has been able to build a fortune out of his family inheritance.
Having bought into Bitcoin some years ago, Mellon abandoned his early investments and sold his Bitcoins at some point. His attachment with the banking industry and the XRP feasibility attracted him to the coin.
Mellon spent $2 million to acquire XRP tokens a few years back. That investment has grown to $1 billion, in the equivalence of 102,712.90 BTC.
  1. Zhao Chaopeng
Zhao Chaopeng popularly known as CZ, is the founder of cryptocurrency exchange, Binance. Within one year of its launch, Binance became the largest cryptocurrency exchange in terms of volume.
The platform’s tokens were sold at a price of 10 cents during its ICO. At the time of writing, the price of the coin has risen to over $27 and CZ owns a huge volume of the coins.
In 2014, CZ sold his house in Shanghai, which was practically all he had, to go all out into Bitcoin. Today, his net worth is $1.3 billion, which is equivalent to 133,523.65 BTC.
  1. Brian Armstrong
Brian Armstrong is the CEO of Coinbase, the largest cryptocurrency exchange in America. Coinbase was founded in 2012, and is the most patronized cryptocurrency exchange in the US. The exchange has also expanded, and is now available in many countries of the world.
In 2018, the exchange embarked on a financing round that saw it raise $300 million, and the company is now valued at $8 billion.
Armstrong’s net worth stands at $1.3 billion, with equates to 133,523.64 BTC.
  1. Jihan Wu
Johan Wu is the co-founder of Bitmain, a China-based Bitcoin mining giant. Together with Micree Zhan Ketuan, they have grown Bitmain to become a household name in the industry, and the main supplier of ASIC-chip miners. Wu is also popular for his open support of Bitcoin Cash.
Wu is estimated to be worth up to $1.5 billion, which translates in Bitcoin to 154,065.75 BTC.
  1. Chris Larsen
Chris Larsen is the co-founder of Ripple, a company which was founded in 2012 with Jed McCaleb, the founder of Mt Gox.
Larsen is regarded as a self-made billionaire, with the bulk of his wealth coming from cryptocurrency enterprises. Ripple boasts many top end customers in its portfolio. Among the list includes Bank of America, Santander and Mitsubishi Financial.
Larsen’s net worth is estimated at $1.5 billion, which is equivalent to 154,065.74 BTC.
  1. Micree Zhan Ketuan
Zhan is the co-founder of Bitmain technologies. Bitmain is regarded as the biggest Bitcoin mining company in China. The company is also known to specialize in the sale of ASIC-chip miners.
Zhan is an electrical engineer by training and is the builder of the ASIC chips on the Bitmain hardware. He is an acclaimed self-made billionaire whose source of wealth is the manufacturing and sales of cryptocurrency mining chips.
Zhan’s net worth is estimated at $2.7 billion, which when converted to Bitcoin is 215,692.05 BTC.
Conclusion
The dominant investment industry concept is evolutionary. At different eras of existence, different industries have produced different money magnates. Serial investors at the same time have found ways of aligning with the prevailing markets as the times change.
With the advent of Bitcoin and blockchain technology, the digital assets ecosystem appears to be making a strong statement in the wealth sector. The number of self made billionaires within this sector is a testimony to the impact of this concept in today’s world.
The top 10 richest people in the world, in Bitcoin, parades some names that can stand side-by-side with money magnates of traditional industries. With more developments likely to emerge in the crypto ecosystem, it will not be surprising to see the number of crypto-made billionaire skyrocket in the near future.
https://medium.com/@4kingsocials/top-10-richest-people-in-the-world-in-bitcoin-94183268189b
submitted by OliAustin101 to CryptocurrencyToday [link] [comments]

A Summary of Recent Events (9/14/2017)

Hello Everyone,
I know I had mentioned earlier that I would be doing these reports weekly, however, I had mentioned if there was a slew of information, that I would do an impromptu post just so things dont get stretched too far apart or some news is lost.
That being said, I have decided to do an early post for now and will do a recap on Sunday to include any other news that comes up! Before reading the latest news, check out my previous three recaps which are quite full of information. They can be found here:
Please note, any comments I make about news events are of my own personal opinion. As always, I recommend every person to do their own due diligence and research each event when they find the chance! So lets get to it! (news is in no particular order)
Please comment below as to have a civil discussion, I always love hearing other peoples ideas and thoughts about this!
If you are new to cryptocurrency and want to purchase some NEO, check out this guide by peacheswithpeaches at:
https://buyneo.info/
If you are new to NEO but have been in crypto for a bit, check out my other post on some things to know and getting started!
https://www.reddit.com/NEO/comments/6su31n/here_are_some_things_you_should_know_if_you_are/?st=j79j497u&sh=bd949ddc
Also, I was approached about including a tip address and will do so, however, please keep hold of your hard earned NEO! If you really do wish to send anything, I will accept GAS. Thank You! AFu5zvPCNZbX8bd7nRt3kUBrHorsNXo4cU
EDIT: https://www.reddit.com/NEO/comments/7032bi/inno_x_austrade%E4%B8%AD%E6%BE%B3%E5%8C%BA%E5%9D%97%E9%93%BE%E9%AB%98%E7%AB%AF%E4%BA%A4%E6%B5%81%E4%BC%9A%E5%9C%86%E6%BB%A1%E4%B8%BE%E5%8A%9E/?st=j7l8qne8&sh=20070602 This link has great information on the INNO x Austrade China (read the first comment with main bullet points from the translation)
submitted by ychok to NEO [link] [comments]

Evolution of Exchanges

Swap.Online delves into the background of centralized and decentralized cryptocurrency exchanges. As decentralization is our name for the game, we would primarily like to find out whether it was inevitable or not.

From Childhood to the Golden Age: DCEs and CEXs

The first centralized cryptocurrency exchanges had two main pre-historical roots of origin. Ideologically, they originated from the e-commerce exchange services of the early 2000s. Digital Currency Exchanges, or DCEs, were particularly popular in the U.S. and Australia. GoldAge Inc., E-Gold Inc., Liberty Reserve were frequently seen in the headlines mostly due to legal issues, as the U.S. SEC, as well as the Australian ASIC failed many times over to figure out whether the e-gold exchange was a form of banking, money laundering, non-licensed remittances or illegal entrepreneurship. These services exchanged fiat money on different digital currencies (1MDC, E-Gold, eCache etc.) and, in a way, fulfilled the demand of New World and EU citizens for anonymous transactions of digital and fiat money.
But, in fact, the first significant cryptocurrency exchange arose from a surprising source… The website of the online game “Magic: The Gathering Online”. This game’s name refers to a magical world, where the currency system is represented in the form of cards. Jed McCaleb, the programmer from San Francisco and future contributor for Ripple and Stellar, developed the Mt.Gox project with the purpose of trading these cards like traditional stocks. In January 2007, he purchased the domain name mtgox.com, but in 2008, he abandoned the project as a premature venture. One year later, he used this domain to advertise his own online game. In the year of 2010, he read about the concept of Bitcoin and decided to launch the Mt.Gox exchange and exchange rate service allowing to trade Bitcoin freely. The project was released on July 18, 2010.
Rapid commercial growth started when the product was sold to the French-Japanese developer Mark Karpeles in January 2011. It was the year 2011 when Mt.Gox demonstrated the main security challenges that traditional centralized exchanges will encounter all along their development path in the future. These included direct thefts from the platform’s wallets, attacks with multiple ‘ask’ orders, malefactor invasions resulting in price drops (one day, in the spring of 2011, 1 BTC was worth less than 0.01 USD) etc. By the way, the dramatic collapse of February 2014, with more than 750K BTC lost and the $65M civil suit in Tokyo court were still to come. During the years 2012–2013, every 3 of 4 Bitcoins in the world was sold via Mt.Gox, and it was a real success story.
The years 2011–2012 gave birth to the bulk of top centralized cryptocurrency exchanges. BTCC was founded in June 2011 as the first exchange for the Chinese market. At the same time, American developer Jesse Powell had spent a month visiting Mt.Gox offices to offer assistance in the aftermath of the first hack. He was unsatisfied with the level of business organization, and that was how Kraken was founded in July 2011. The infamous BTC-e platform for exchanging rubles for BTC was also launched in July 2011. In late 2011, the largest American exchange BitInstant was founded and started selling Bitcoin via WalMart and Walgreen. 2012 became the year of origin for Bitfinex, Coinbase (first Ethereum marketplace) and LocalBitcoins.

Pros and Cons of Centralized Exchanges

We are now six or seven years away of those days. Today, hundreds of centralized exchanges are offering the services of exchanging BTC, ERC-20 and another cryptos. We can even hardly classify them. Usually, specialists speak about three mainstream types of centralized exchanges.
Trading platforms. They connect buyers and sellers to each other, allowing them to publish trading orders and take some transactional fees (most commonly 0,3 per cent from the taker of the liquidity). For example, Cex.io, BitFinex, BitStamp belong to this group. Usually, these platforms are characterized by a complicated interface, which is not suitable for newbies.
Cryptocurrency brokers. If a trading platform is a local market where you buy goods from their producers, the broker is a small player on the market. They sell coins at definite prices while setting high fees, but allow acquiring cryptos in a simpler manner. Moreover, most of them support a broad range of payment tools. Coinbase, Coinmama, Coinhouse are among the most popular brokers.
Peer-to-peer-services. They simply allow their users to publish announcements about operations with cryptos. The buyer and the seller directly negotiate the prices. It is even possible to find one selling crypto for cash in your neighborhood. The most remarkable example here is LocalBitcoins.
As one can see, now the range of services offered is truly broad. By the way, there is a list of common complaints regarding centralized exchanges both from traders and crypto theoreticians.
Safety. Even a single point of centralization can lead to the massive theft of users’ funds and keys. More than a million BTCs have been stolen by the time of writing of this article.
Regulation. If the center (or even one of the centers) of a CEX is physically located in some country, the position of this country’s government on ICOs and crypto related issues becomes crucial for the future of the project. Legal restrictions in this sector are now imposed in the U.S., China, South Korea, India etc. When your exchange is centralized, the officials can arrest your cryptos for no reason. Moreover, the administration of the exchange can be involved in fraud with your private information and money.
Speed. We have conducted some particular research on the speed of popular CEXs (Binance, Huobi, Poloniex, see p. 11). The results are sad: you can wait dozens of minutes waiting for the pending of your transaction.
KYC/AML. There is nothing to talk about in this regard, we suppose. If you must send someone your photo, a scanned copy of your ID or even proof of income wanting nothing in return but to withdraw your own funds, it is not OK.

Decentralization: The Solution

Decentralization, as the initial meaning and internal essence of blockchain, smart-contracts and cryptocurrencies, was first italicized by Satoshi Nakamoto and even Nick Szabo in 1990–2000-s. The rise of CEXs resulted in an obvious contradiction, because blockchain-based currencies are being operated via centralized mechanisms just like Visa or MasterCard, but much slowly. Is it normal? Where is the next stage of evolution or, does it even exist in the first place?
The answer was the main point of arguments in the crypto community during the year of 2017. In February, Vitalik came out with the suggestion about the nature of blockchain’s decentralization: “Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point of failure), but they are logically centralized (there is one commonly agreed state and the system behaves like a single computer)”.
The only possible expression in the commercial implementation of ‘architectural decentralization’ is the decentralized exchange of cryptocurrencies.
And the most advanced technology in this case is that of the Atomic Swaps — the direct peer-to-peer instant cross-chain transaction.
CEXs were the natural and inevitable stage of development for cryptocurrency exchanges. By the way, the DEXs are coming: we found them (namely IDEX, EtherDelta and Waves DEX) on the list of the top-100 exchanges on Coinmarketcap.
So, the Swap.Online team is on the right track. Get ready for ERC-20 ⇔ BTC, ETH ⇔ BTC, USDT ⇔ BTC, EOS ⇔ BTC trading directly from your browser with neither middlemen nor a centralized infrastructure.
See you on the mainnet on August 27, 2018,
Swap.Online Team
submitted by noxonsu to SwapOnline [link] [comments]

Lets answer this once and for all: Which exchange is stable and secure?

We all have our own favourite exchanges but they all seem to have their issues. I've written down the issues I hear about most often below for each of the top exchanges ordered in market volume and am interested as to all your viewpoints as to which is the least bad of the bunch.
My summary of issues (in order of volume):
  1. Bithumb - Based in Korea so if there's an issue western customers might be shit out of luck
  2. BitFinex - whole exchange might be printing money to try to stay solvent (tether drama), and they got cut off from traditional banking which isn't exactly a good sign
  3. Bittrex - no real USD, only tether which means USD funds would be destroyed if BitFinex goes under
  4. Poloniex - Seems to keep getting hacked, also got cut off from traditional banking which isn't a good sign
  5. Coinone - Based in Korea so if there's an issue western customers might be shit out of luck
  6. GDAX - Ethereum flash crash indicated some underlying problem with their trading system, they claim to be FDIC insured up to $250k but this (1) probably only applies to US customers and (2) I read that it's in truth only insured for a total of $250k for the exchange, not per customer. Also, only has Bitcoin, Litecoin and Ethereum.
  7. HitBTC - Got hacked and didn't disclose how much got stolen
  8. Binance - no real USD, only tether which means USD funds would be destroyed if BitFinex goes under
  9. Korbit - Based in Korea so if there's an issue western customers might be shit out of luck
  10. Kraken - Can't keep itself online for more than 5 minutes at a time, stop orders fail and some orders go through double.
  11. Bitstamp - Got hacked. Only has Bitcoin, Litecoin, Ethereum and Ripple
  12. Bitflyer - Based in Japan so western customers might be out of luck if there's an issue. Only has Bitcoin, Bitcoin Cash and Ethereum.
  13. Huobi - no real USD, only tether which means USD funds would be destroyed if BitFinex goes under
  14. OKEx - Based in China so western customers will be 100% fucked if there's an issue. Got hacked.
  15. BTCC - Based in China so western customers will be 100% fucked if there's an issue. Only has Bitcoin, Bitcoin Cash, Ethereum and Ethereum Classic. That's the top 15 at least. Interested to everyones thoughts. Which is the least bad option?
submitted by blahehblah to CryptoCurrency [link] [comments]

Cryptocurrency Exchanges - Bullseye.io

Bithumb Binance OKEx ZB zbg DigiFinex HuoBi Pro Bit-Z Exx UPbit Coinbene Bitfinex Coinw BitForex Bibox Hitbtc BW KKCoin FUBT LBan XTRA HHT.one coineal star KEX Exrates BitMart Fcoin Coinbase Pro Kraken Coinsuper AEX IDAX Fatbtc DragonEx CoinTiger IDCM
Cryptonex Bitbank bitker ZG.top Quoine TOPBTC Bitstamp RightBTC BihuEx CoinEgg Chaoex Gate.io
OCX
U-COIN Sistemkoin BCEX Simex DobiTrade Bitinka
PK.TOP Bittrex QBTC Yoexs bitalong Hubi Hotbit Allcoin Bitlish Asbtc OEX
B2BX EXB Poloniex
144$34,413,7290.16%AmericaStock71
📷 TOKOK LATOKEN 66OTC AlphaBit CryptoCurrency Bitflyer Coinone Coinsban ZT.COM Coinhub Gemini Exmo Monster LocalTrade BitGoG YoB BYE Bg ItBi Kryptono Korbit BTCBOX ZNN.com Open Asset Exchange BtcTradeIm Coinbe Qryptos 60.CO Bitinf Coincheck Bila Ubit LiveCoin CoolCoin MBAex HOTCOIN.TOP KuCoin CEO CEX.IO SOK.TOP BitBay HADAX Neraex LakeBTC HCoin Coinsquare BZX Fe InfinityCoin Exchange BTCTurk Mercatox Gopax Zaif Bitsane TradeByTrade Vebitcoin coinmex Coinroo BitRabbit Ethfinex C2CX CoinEx Bitcoin Indonesia/Indodax WEX TOP.ONE Paribu Liqui Coindeal Bitso Luno Instantbitex.Com BTC Alpha CEX Tidex OOOBTC TDAX zgcom
BTCMarkets
SZ.COM
BX Thailand CoinMate Chinawkb QuadrigaCX EtherDelta (ForkDelta)
DSX Btc98 Altcoin Trader BBX Negocie Coins Ovis ACX Stocks.Exchange Coinfloor OasisDEX OkCoin Koineks Independent Reserve Cryptopia Mercado Bitcoin Rfinex Cobinhood GetBTC BigONE VBitEX CoinExchange Bancor Network Bithesap BL3P IDEX BitMarket VNBIG LiteBit.eu CryptoBridge Waves Decentralized Exchange Crex24 JBEX Bitonic CZC Exchange Tidebit Bitbns BitcoinToYou EttEx BitcoinTrade CoinEx Market OTCB Ethex Paradex BITNOAH Stellarport Lykke Exchange 123Token 0i Kuna Stellar Decentralized Exchange Gatehub Koinex Braziliex Trade Satoshi Bitex.la RippleFox VVVEX Bleutrade S.TOP ESCODEX Yiia CoinYee Koinim Bits Blockchain CoinCorner DDEX OpenLedger DEX Bud TradeOgre AidosMarket CryptoMarket Coinrail Bittylicious bitk C-CEX BitAsiaEx graviex xBTCe Bit2C Radar-Relay CoinFalcon Stronghold BitFlip WINBITEX Coinut BtcTrade BitShares Asset Exchange Iquant Switcheo Network Ripple China kkex Coinnest CRXzone LongEx Zebpay Bisq Fisco Token Store Nocks Paymium Cryptohub Coingi SouthXchange Bitmaszyna Tripe Dice Exchange TherockTrading Nanex Cryptox C-Patex Gatecoin Cryptomate LuckyBi mgcex HiB8 BitKonan RuDEX EzBtc Novaexchange Ore.Bz GuldenTrader FreiExchange Tux Exchange BTCC ISX Heat Wallet BarterDEX Coinrate ExcambrioRex OneChain eBtcBank BitGrail Asdbi(Closed) UCX BitStar COSS Fargobase Coinsecure Ourdax(Closed) Foxbit Cfinex ETHEXIndia(Closed) Bitcny(System Maintaining) CryptoDerivatives Coinhouse Dgtmarket LEOxChange Abucoins Octaex Omicrex coinlim Bitmex QUBI UB Dcoin 58COIN VirtualWorldLand
submitted by jarze to Bullseye_io [link] [comments]

Blockchain in FinTech — Investor’s View

Blockchain in FinTech — Investor’s View
https://preview.redd.it/k7v7xgw0gqs11.png?width=749&format=png&auto=webp&s=1f796daca7993397d17e8535cde3649b184ebf5c
As the inflated expectations around blockchain technology have retraced back to the realistic development around it, we stride forward towards reaching the plateau of productivity in realizing the true power of Blockchain Technology.

https://preview.redd.it/6fvunm82gqs11.jpg?width=650&format=pjpg&auto=webp&s=c12c70df52db8499f01dc0d1c734b1a2a5305f83
Thus far, blockchain has been the largest crowdfunding exercise in history. A blend of VC funding & IPO but yet a standalone entity with its own quality embedded, ICOs have been garnering the required capital for blockchain companies to produce blockchain enabled solutions.
FinTech companies create an ecosystem that fosters the collection of vast amounts of data and builds trusted relationships with clientele. Financial Institutions have realised the importance of these ecosystems and are attempting to engage with and bring innovation inside their companies.FinTech solutions on the other hand are exploring various possibilities of incorporating blockchain technology in its core in order to stay ahead in the curve of financial revolution. Legend believes this century to be of Financial Revolution and blockchain enabled fintech is the way forward to achieve this.

https://preview.redd.it/2ysd9yr4gqs11.png?width=800&format=png&auto=webp&s=d5e6c8807f4c6ea2b8363699d85e3f47c51e1088
FinTech companies are driving market changes by focusing on emergent technologies that will provide a renewed experience for their customers. One specific technology is Blockchain. The most likely business use cases of blockchain, as seen by 55% of respondents, is in Payments Infrastructure, followed by Fund Transfer Infrastructure (50%), and Digital Identity Management (46%). In fact, the latter is being explored as a possible area of blockchain use by various government services. We have also witnessed growing interest in the technology from insurance companies in areas such as personal and marine insurance, including claims processes.
Though the coherent system in Blockchain-FinTech is yet to be put in place, there are several nations across the world who’ve embraced this evolving technology. Let’s have look on the top three countries leading the race of Blockchain — FinTech startups. Singapore Popularly known as the financial hub of the world, it is of no surprise that Singapore is the global innovation leader in the Blockchain-FinTech space. The third largest ICO market in the world, Singapore, is an early advocate ofblockchain technology and crypto. Singapore’s strategic position is to let the crypto market grow with minimal intervention, provided that crypto market does not qualify as regulated market and, hence, fall under existing financial markets and securities regulations. If the latter is the case, the company may be subject to full blown regulatory regime set forth by MAS (as for any other Fintech business). It would nevertheless be slightly cheaper to step up a fully compliant business in Singapore compared to Europe. Gibraltar An early advocate of crypto — Gibraltar is popularly known as ‘the crypto-harbour’. Earlier this year, the government started drafting legislation to regulate ICOs. As a result, Gibraltar has already attracted a lot of cryptocurrency exchanges, among them BTCC, CEX and eToro. This spring the Gibraltar Blockchain Exchange (GBX) successfully completed its Rock Token sale. There are multiple applications for a DLT license at Gibraltar at the moment, and more than 200 applications for an ICO to hold at GBX. Gibraltar is a home to gambling, insurance and fintech companies, a mix that promises to keep the nation ahead in the technology curve. Malta The ‘Blockchain Island’, Malta is producing comprehensive law drafts to regulate the Blockchain Market. This has attracted major crypto businesses like Binance & OKex. Malta’s Parliamentary Secretary stated, “Malta has become a natural point of reference on the international sphere and companies such as Binance will continue to look into Malta to further expand their operations or establish a base.” If you’re keen to find out more, the upcoming Malta Blockchain Summit runs from November 1–2 and spans four conferences hosted over two days.
As Forbes reports, these are top three Blockchain companies, bringing innovative solutions to transform the world. These companies have garnered worldwide trust and following amidst the turbulent sea of uncertainty regarding crypto regulations.
The Bitfury Group, Amsterdam Produces both hardware and software for Bitcoin mining and security, as well as a wide range of software to support blockchains in government, supply chains and insurance. Blockchain, London. World’s most popular cryptocurrency wallet, enabling users to manage private keys for Bitcoin, Bitcoin Cash and Ether. Its Expansion to U.S. now allows crypto trading in 22 states, including California.
Chain, San Francisco Offers blockchain technology for financial institutions, as well as ledger balance software for fintech and ecommerce companies
In India, the stellar growth Blockchain Technology has sprung a new breed of blockchain startups across the nation. While many who have been early adopters, are now incubating this growing breed believe blockchain to be as revolutionary as the internet. Top Indian companies who’ve also made considerable footprints worldwide in the blockchain domain are:
Auxesis Group Auxesis Group, world’s leading blockchain company who is closely working with several Indian state governments to incorporate Blockchain enabled solutions in various sectors including EHR, Land Records, Supply Chain, Invoice Financing among others. They are progressively building a platform, Auxledger, which brings the next generation features of Customization and cross-chain communication enabling Blockchain in mainstream enterprise adoption.
CoinSecure Coinsecure is one of the early movers of Bitcoin and blockchain technology in India. They provide an easy to use Bitcoin exchange, merchant services, a blockchain explorer, as well as a hosted wallet. They have a simple and single motto of “Connecting India to Bitcoin”. They seem to be doing just that and show no signs of stopping.
Trestor Trestor is an India’s first blockchain startup, which has created “Trest” a secure, digital, store of value. Using the power of Trestor’s blockchain and their decentralised network of trustless nodes ‘Trests’ can be transferred directly from person to person anywhere across the globe.
These are early days yet, with blockchain still in an exploratory phase.
It’s the startups of today that will give rise to the solutions of tomorrow, and for the second time in one generation, we have the opportunity to watch an industry growth everest north — Industrial Revolution 2.0, enabled by Blockchain.
submitted by Nikcollet to Auxledger [link] [comments]

Cryptocurrency Exchanges - Niuyan

Bithumb Binance OKEx ZB zbg DigiFinex HuoBi Pro Bit-Z Exx UPbit Coinbene Bitfinex Coinw BitForex Bibox Hitbtc BW KKCoin FUBT LBan XTRA HHT.one coineal star KEX Exrates BitMart Fcoin Coinbase Pro Kraken Coinsuper AEX IDAX Fatbtc DragonEx CoinTiger IDCM
Cryptonex Bitbank bitker ZG.top Quoine TOPBTC Bitstamp RightBTC BihuEx CoinEgg Chaoex Gate.io
OCX
U-COIN Sistemkoin BCEX Simex DobiTrade Bitinka
PK.TOP Bittrex QBTC Yoexs bitalong Hubi Hotbit Allcoin Bitlish Asbtc OEX
B2BX EXB Poloniex
144$34,413,7290.16%AmericaStock71
📷 TOKOK LATOKEN 66OTC AlphaBit CryptoCurrency Bitflyer Coinone Coinsban ZT.COM Coinhub Gemini Exmo Monster LocalTrade BitGoG YoB BYE Bg ItBi Kryptono Korbit BTCBOX ZNN.com Open Asset Exchange BtcTradeIm Coinbe Qryptos 60.CO Bitinf Coincheck Bila Ubit LiveCoin CoolCoin MBAex HOTCOIN.TOP KuCoin CEO CEX.IO SOK.TOP BitBay HADAX Neraex LakeBTC HCoin Coinsquare BZX Fe InfinityCoin Exchange BTCTurk Mercatox Gopax Zaif Bitsane TradeByTrade Vebitcoin coinmex Coinroo BitRabbit Ethfinex C2CX CoinEx Bitcoin Indonesia/Indodax WEX TOP.ONE Paribu Liqui Coindeal Bitso Luno Instantbitex.Com BTC Alpha CEX Tidex OOOBTC TDAX zgcom
BTCMarkets
SZ.COM
BX Thailand CoinMate Chinawkb QuadrigaCX EtherDelta (ForkDelta)
DSX Btc98 Altcoin Trader BBX Negocie Coins Ovis ACX Stocks.Exchange Coinfloor OasisDEX OkCoin Koineks Independent Reserve Cryptopia Mercado Bitcoin Rfinex Cobinhood GetBTC BigONE VBitEX CoinExchange Bancor Network Bithesap BL3P IDEX BitMarket VNBIG LiteBit.eu CryptoBridge Waves Decentralized Exchange Crex24 JBEX Bitonic CZC Exchange Tidebit Bitbns BitcoinToYou EttEx BitcoinTrade CoinEx Market OTCB Ethex Paradex BITNOAH Stellarport Lykke Exchange 123Token 0i Kuna Stellar Decentralized Exchange Gatehub Koinex Braziliex Trade Satoshi Bitex.la RippleFox VVVEX Bleutrade S.TOP ESCODEX Yiia CoinYee Koinim Bits Blockchain CoinCorner DDEX OpenLedger DEX Bud TradeOgre AidosMarket CryptoMarket Coinrail Bittylicious bitk C-CEX BitAsiaEx graviex xBTCe Bit2C Radar-Relay CoinFalcon Stronghold BitFlip WINBITEX Coinut BtcTrade BitShares Asset Exchange Iquant Switcheo Network Ripple China kkex Coinnest CRXzone LongEx Zebpay Bisq Fisco Token Store Nocks Paymium Cryptohub Coingi SouthXchange Bitmaszyna Tripe Dice Exchange TherockTrading Nanex Cryptox C-Patex Gatecoin Cryptomate LuckyBi mgcex HiB8 BitKonan RuDEX EzBtc Novaexchange Ore.Bz GuldenTrader FreiExchange Tux Exchange BTCC ISX Heat Wallet BarterDEX Coinrate ExcambrioRex OneChain eBtcBank BitGrail Asdbi(Closed) UCX BitStar COSS Fargobase Coinsecure Ourdax(Closed) Foxbit Cfinex ETHEXIndia(Closed) Bitcny(System Maintaining) CryptoDerivatives Coinhouse Dgtmarket LEOxChange Abucoins Octaex Omicrex coinlim Bitmex QUBI UB Dcoin 58COIN VirtualWorldLand
submitted by jarze to NiuYan [link] [comments]

Announcement of global exchanges about BTC Segwit2x fork

Binance – No announcement on Segwit2x as of yet.
Bitfinex – Tentative support for honoring Segwit2x balances . New chain will be listed as B2X.
bitFlyer – No announcement on Segwit2x as of yet.
Bithumb– No announcement on Segwit2x as of yet.
BitMEX– As of now, will not support Segwit2x. Original chain will still be listed as BTC.
BitPay– Will follow the chain with the highest accumulated difficulty. Will refer to the minority chain as BC1 (if Segwit2x is the majority) or BC2 (if Segwit2x is the minority) with no further support for the minority.
Bitso – No formal announcement, but will be supporting Segwit2x .
Bitstamp – No announcement on Segwit2x as of yet.
Bittrex – No announcement on Segwit2x as of yet.
Blockchain.info – Tentative support for Segwit2x. Hash power will decide which chain Blockchain follows.
BTCC – Will support Segwit2x. Hash power will decide which chain is listed as BTC.
BTC Markets – Will support Segwit2x if there is sufficient community and miner support. Hash power and/or market capitalization will decide which chain is listed as BTC.
CEX.IO – Will honor Segwit2x balances as well as enable trading . New chain will be listed as B2X.
Coinbase – Will honor Segwit2x balances as well as enable trading . Hash power will decide which chain is listed as BTC.
Coinfoor – No announcement on Segwit2x as of yet.
Coinnest– Full Segwit2x support .
Coinone – Planning on full Segwit2x support.
CoinsBank – Reported to Bitcoin Magazine that they will not be supporting Segwit2x.
Gatecoin – Will not support Segwit2x.
GDAX – Will honor Segwit2x balances as well as enable trading . Hash power will decide which chain is listed as BTC.
Gemini – No explicit support for or against. Hash power will decide which chain is listed as BTC.
Exmo– No announcement on Segwit2x as of yet.
HitBTC – Tentative support of supporting Segwit2x . New chain will be listed as B2X.
Huobi Pro – Will honor Segwit2x balances as well as enable trading .
itBit– No announcement on Segwit2x as of yet.
Kraken – No announcement on Segwit2x as of yet.
LakeBTC – No announcement on Segwit2x as of yet.
Liqui – No announcement on Segwit2x as of yet.
OKCoin/OKEX– Will support Segwit2x .
Poloniex– No announcement on Segwit2x as of yet.
Quoine – No announcement on Segwit2x as of yet.
The Rock Trading– As per Bitcoin Magazine, they are unsure as to if they will support Segwit2x. If they do, it will be listed as B2X.
Vaultoro – No explicit support for or against Segwit2x .
WEX – Will not support Segwit2x .
Whalepool – Will not support Segwit2x.
Xapo – Full support for Segwit2x. Hash power will decide which chain is listed as BTC.
YoBit – No announcement on Segwit2x as of yet.
[COINIGY]https://blog.coinigy.com/2017/10/comprehensive-list-of-exchange-segwit2x-stances/
submitted by ddwwbb502 to onchain [link] [comments]

COSS is Currently 93rd in Exchange Volume

Rank 101st Rank 100th Rank 99th Rank 98th
(Higher than title because I added ~20 exchanges)
Rank Exchange Name 24hr Exchange Volume ($)
1 Bithumb $ 5,300,000,000
2 Bitfinex $ 3,800,000,000
3 Bittrex $ 3,490,000,000
4 Binance $ 3,210,000,000
5 GDAX $ 1,593,000,000
6 BitMEX $ 1,503,000,000
7 Poloniex $ 1,453,000,000
8 OKEx $ 1,332,000,000
9 Coinone $ 1,049,000,000
10 Huobi $ 956,000,000
11 HitBTC $ 938,000,000
12 Bitstamp $ 697,000,000
13 Coincheck $ 662,000,000
14 Kraken $ 607,000,000
15 ZB.COM $ 477,000,000
16 Korbit $ 470,000,000
17 BTCC $ 435,000,000
18 bitFlyer $ 318,000,000
19 EXX $ 264,100,000
20 Coinnest $ 255,500,000
21 Gemini $ 233,000,000
22 Bit-Z $ 196,300,000
23 Zaif $ 188,100,000
24 LakeBTC $ 164,400,000
25 Exmo $ 147,300,000
26 BTCBOX $ 144,500,000
27 CoinsBank $ 135,800,000
28 Gate.io $ 134,500,000
29 WEX $ 123,700,000
30 Fisco $ 116,100,000
31 Quoine $ 111,300,000
32 Liqui $ 97,100,000
33 Lbank $ 93,400,000
34 Bitcoin Indonesia $ 87,700,000
35 CEX.IO $ 86,700,000
36 YoBit $ 83,300,000
37 BitBay $ 65,300,000
38 Cryptopia $ 64,300,000
39 BTC Markets $ 60,700,000
40 ACX $ 57,100,000
41 Livecoin $ 52,800,000
42 Luno $ 48,900,000
43 BX Thailand $ 43,100,000
44 Tidex $ 42,400,000
45 CoinEgg $ 38,800,000
46 BTCTurk $ 38,500,000
47 QuadrigaCX $ 33,600,000
48 GetBTC $ 32,700,000
49 Mercado Bitcoin $ 32,700,000
50 Koinex $ 32,100,000
51 AEX $ 30,630,000
52 Paribu $ 28,880,000
53 CoolCoin $ 26,520,000
54 itBit $ 26,150,000
55 RightBTC $ 26,100,000
56 BCC Exchange $ 24,210,000
57 EtherDelta $ 23,450,000
58 Allcoin $ 19,840,000
59 DSX $ 19,330,000
60 CoinExchange $ 19,140,000
61 Kucoin $ 18,510,000
62 Neraex $ 18,150,000
63 BigONE $ 17,590,000
64 Bitso $ 17,330,000
65 OkCoin Intl. $ 15,480,000
66 Exrates $ 13,620,000
67 Bitonic $ 13,180,000
68 xBTCe $ 13,080,000
69 Coinfloor $ 13,070,000
70 CoinFalcon $ 12,790,000
71 Independent Reserve $ 12,430,000
72 TOPBTC $ 12,260,000
73 Coinsquare $ 12,140,000
74 Koineks $ 12,020,000
75 Coinrail $ 10,490,000
76 Foxbit $ 9,470,000
77 BL3P $ 9,090,000
78 Gatehub $ 8,970,000
79 BitMarket $ 8,230,000
80 Mercatox $ 8,040,000
81 The Rock Trading $ 7,950,000
82 BTC-Alpha $ 7,640,000
83 LiteBit.eu $ 7,120,000
84 BitGrail $ 7,050,000
85 Altcoin Trader $ 6,690,000
86 Gatecoin $ 6,570,000
87 Waves Decentralized Exchange $ 6,500,000
88 Qryptos $ 5,810,000
89 Negocie Coins $ 5,080,000
90 Lykke Exchange $ 4,840,000
91 Coinut $ 4,450,000
92 LocalTrade $ 3,930,000
93 Bancor Network $ 3,710,000
94 C-CEX $ 3,420,000
95 Tidebit $ 3,370,000
96 TDAX $ 2,923,000
97 Abucoins $ 2,748,000
98 COSS $ 2,067,000
99 Coinroom $ 1,554,000
100 SurBTC $ 1,322,000
101 Kuna $ 1,159,000
102 CryptoBridge $ 566,000
103 Bitlish $ 538,000
104 ETHEXIndia $ 409,000
105 BCEX $ 366,000
106 Tux Exchange $ 270,900
107 Cryptomate $ 142,400
108 Trade Satoshi $ 124,800
109 Novaexchange $ 77,900
110 SouthXchange $ 33,200
*Updated 12/19/17 3:00AM PST
These are all the exchanges that trade at least one of the following: (Bitcoin, Ethereum, Litecoin, Ripple, Neo, Iota, Tron, Zcash, Verge) on coinmarketcap.
submitted by WretchedLout to CossIO [link] [comments]

Chinese marketing 中国市场

Since gridcoin 格雷德币 has a Chinese version wallet now(translated by me),we should contact Chinese exchanges 中国交易所 to add gridcoin!That will promote the price for sure!
For most exchanges,using English in your email is OK. Most of the employees are well-educated, they can read and write English well.
I will make a list,but I think the contacting work is better done by the dev and marketing team,because they know more technique details than me.
List of main Chinese exchanges:
1: www.btc38.com 比特时代 It's one of the oldest altcoin exchanges in China. Email:[email protected]
2: www.bter.com 比特儿 It's another classical exchange,with less volume. Service Email: [email protected] Master Email: [email protected]
3: yunbi.com 云币网 A relatively new exchange with more ICO coins. The boss is Xiaolai Li李笑来,the richest bitcoin owner in China. Haven't found the Email,you can directly contact the twitter:https://mobile.twitter.com/yunbicom
4: https://dax.btcc.com BTCC DAX The altcoin branch of the oldest bitcoin exchange in China. Now trading only ETC-BTC pair. Will add more coins hopefully. Email:[email protected] You can send the message directly at https://www.btcc.com/contact
5: www.binance.com 币安 A new coin-to-coin exchange opened by Changpeng Zhao赵长鹏,the former CTO of okcoin.com Will begin trading at 2017.7.15. Twitter:https://mobile.twitter.com/binance_2017
submitted by mrip01 to gridcoin [link] [comments]

When US Entrepreneur Meets Chinese Crypto Group Chat

When US Entrepreneur Meets Chinese Crypto Group Chat
If you happened to read my previous post, you would know WeChat group chats plays a phenomenal role to connect the Chinese crypto circle. The night of July 12th, a unique interview took place in one of those WeChat groups. You may even say the first of its kind.
On the one end is my friend Matthew Roszak, co-founder and chairman of Bloq; on the other, there are 499 women--all of them blockchain entrepreneurs and journalists from different parts of China.
I worked as the host of the event. Questions were collected from all members in advance. During the next hour and half, we discussed with Matt his experience as an investor, his insights on the future of blockchain, and the launch of his latest project, Metronome.
https://preview.redd.it/m1o89yit3cd11.png?width=350&format=png&auto=webp&s=3203cb1edb87872caf7a7468e19fc6fd07d1d86f
Here is the complete interview. I have tried to keep it as close to the chat history as possible, though minor tweaks were made for easier reading. Enjoy!
Matt: So cool to be here -- and talk about my favorite subject in the world :-)
Bianca: It is my favorite subject as well and glad to do this with one of my favorite people in this field.
Matt: I am so thrilled you asked me to be a part of this special chat -- ever since you produced that blockchain documentary, your star has been rising higher and higher -- congrats Bianca! I see so many amazing women entrepreneurs on this channel -- super impressive!
Bianca: Many incoming questions. We have selected a few. First of all: You’re an experienced blockchain investor. How did you start investing in cryptocurrency? By contrast, what’s your view on the future of Wall Street?
Matt: When I started out I was so inspired by bitcoin -- it was a true innovation, an invention (on the scale of a Nobel prize for Satoshi) and became a social movement.
https://preview.redd.it/ea30tjsv3cd11.png?width=350&format=png&auto=webp&s=77a71ff0c873ced7e782c7e5759d9fbec3e63b74
I initially invested in bitcoin, then invested in over 20 companies in the blockchain space -- bridges, roads and tunnels -- think wallets, exchanges, miners, payment processors, software layers, etc. -- that helped me create a mental roadmap on this space back in 2012/2013. More importantly, I met some of the most amazing entrepreneurs in this ecosystem -- folks like CZ at Binance, Ted at Xapo, Charlie at Litecoin, Bobby at BTCC and even my co-founder Jeff Garzik.
My co-founder Jeff is a rare bird -- he worked on the Linix kernel with Linus Torvalds (creator of Linux) -- and worked on the Bitcoin kernel with Satoshi -- these are two of the most important open source projects in history -- so grateful to have him on my team and as my dear friend…
I hosted dinners in every city I traveled to -- about 20-40 people -- that helped me build great relationships and guide my thesis in this space.
I thought Wall Street/institutional investors would have been in crypto more substantially by now -- there is very little institutional money in our space -- the infrastructure to accommodate them, namely custody platforms, is being built however not in the format nor risk tolerance they are comfortable with -- that will change and we will see a lot of money flowing in by the end of this year with 2019 being a breakout year for institutional adoption.
Bianca: You participated in the first ICOs. What are the lessons you learned from those experiences?
Matt: I originally was a bitcoin maximalist -- I was lucky to change that thinking as it would have made me miss other networks like Ethereum, Qtum EOS and many others -- this space is a movie, and not a static picture -- the innovation is rapidly developing and it creates unprecedented opportunities for entrepreneurs and investors.
Another key point is that I am an investor, and not a trader -- so I buy and hold for the most part -- and that discipline has served me well.
https://preview.redd.it/oy765oi04cd11.png?width=350&format=png&auto=webp&s=c29c40c6633f7a6c04bf9d1a36aab7bf39c13109
Bianca: Compared to bitcoin or ETH, what are some innovations of Metronome?
Matt: From a tech standpoint, Metronome (MET) is an autonomous network -- meaning there is no author or founder influence or control on the code since its launch -- autonomous networks will be some of the most powerful and valuable networks in all of crypto -- they are also very hard to build as we saw first hand with the DAO, which broke ETH in half -- that project was way different, very complicated and poorly built, hence it's fate -- but getting autonomous networks right is in many ways a key part of this decentralized future we are all building and investing in.
The other key tech component is that MET is the world's first cross-chain crypto -- meaning MET is born on Ethereum but will be able to move to any other EVM (Ethereum Virtual Machine) -- think ETC, QTUM, RSK/BTC, etc. -- like a boxcar on a railroad that you can move to another track -- this creates a new dimension and relationship between the user and MET where you self govern where your MET resides -- we even called our whitepaper an Owner's Manual :-)
I do not think people will be moving their MET around from track to track, but from a longevity and durability standpoint -- it has staying power even if ETH or any other underlying rail goes away in the future (as you can move it).
So we created MET as an expression of many years of watching the crypto space and believed there was room for more innovation.
The other thing that I am proud of is that the proceeds from the auction didn't go to a foundation or a company, they went into code (a smart contract) -- and all that smart contract does is provide liquidity and price support to the MET community through a decentralized exchanger -- all engineered for the benefit of the MET users/community.
https://preview.redd.it/gtn3zeu24cd11.png?width=350&format=png&auto=webp&s=08239f7dda379e731db99b5da3fc68bfa564aa8d
Bianca: Talking about the auction, Metronome used the descending price model during Initial Supply. Did you observe a lower auction price (for instance, due to buyers using bots to do last-minute biddings), thus bringing fewer funds to the pool than you had expected?
Matt: The auction raised about $12MM USD in proceeds during the most difficult week in crypto in 7 months -- we are very proud of the fact that the network launched, the system works, and there were no security issues -- the future is incredibly bright for Metronome!
Most other projects raise money and launch several years out -- MET was made alive at launch! -- again, very difficult to build and create these systems -- I am so proud of the team!
Bianca: What are the differences between working at private equity and crypto investment? How do you normally evaluate a blockchain project?
Matt: OMG sooooo different -- private equity (and even traditional venture) and crypto are two different planets.
The common denominator in how you approach people in PE or VC or crypto is people -- you always back people -- no whitepaper or product roadmap is going to build themselves.
We are in the early days, so great people are raising lots of money with just a whitepaper -- pretty soon the bar will be raised to ensure projects have a working product/protocol -- the bar will raised even further to have users and utility and metrics on that network.
With the total crypto market cap of $250 billion, we are still in the stone ages for crypto -- we have a lot of building and adoption ahead of us -- feels like early Internet or early mobile days -- big fun ahead!
https://preview.redd.it/av8sxmu44cd11.png?width=350&format=png&auto=webp&s=4c9f925974372f126dadb4c545a436a241dde879
Bianca: Vitalik just commented “I definitely hope centralized exchanges go burn in hell.” What’s your take on centralized exchanges such as Bitfinex, Binance, and Fcoin?
Matt: Oh boy, good question -- well I think we are watching the evolution of all of this -- we need certain infrastructure to get from A to B in crypto adoption -- even centralized exchanges and wallets -- they are not for everybody but serve an important purpose and address a market need for folks that have no clue how to manage private keys.
In the exchange space I love watching innovators like CZ and team at Binance -- they created an incredible platform, with a tokenized model that many are trying to emulate -- imitation is the greatest form of flattery ;-) they also have a strategy on how to construct a decentralized exchange.
So if you are not innovating and looking to decentralize, your business model may be at risk in the future -- however decentralized applications like this are hard to build and rely on infrastructure and tech that has not been built or not ready for prime time -- decentralization is a journey.
https://preview.redd.it/jbyfe7l64cd11.png?width=350&format=png&auto=webp&s=54fdc23caa27b1fac15e0d3770282a03b87bb5e4
Bianca: Many governments are tightening on crypto regulations. Where do you think the government policy on crypto can go?
Matt: Historically technology innovation has always outpaced regulations -- we are seeing that play out big time in crypto.
I am inspired by what Singapore, Switzerland, Malta, Barbados and other countries are doing to attract projects and innovation to their boards in our industry.
Lots of jurisdictional arbitrage is playing out -- countries smell the crypto ;-) and want to bring jobs, innovation and investment to their borders.
This happened before with online gaming, hedge funds, etc. -- however with crypto, these networks can be trillion dollar blood vessels of value.
Bianca: Given the current market situation, what suggestions do you have for investors, entrepreneurs, and service providers?
Matt: Never has a technology frontier like crypto had the potential to impact power centers like Wall Street and Silicon Valley -- that is and will continue to be tested with crypto.
MONEY = POWER (old adage)
MONEY = TECHNOLOGY (with crypto)
TECHNOLOGY = POWER (new adage)
https://preview.redd.it/suyc16f84cd11.png?width=350&format=png&auto=webp&s=7a4a906d87a9d519569f60ed3e2ef37f0d265de6
Bianca: Any story you can share when you sent bitcoins to Clinton and Branson? What were their attitudes towards crypto and blockchain?
Matt: Several years back bitcoin was so abstract to people outside of our industry -- I used to always keep a physical bitcoin on me to use as a conversation starter -- I love the Kialara physical bitcoins -- they are works of art and exposes a cool reaction when I give them to people -- the physicality always helps in a discussion over dinner or a drink -- gives tangible to the intangible ;-)
I was fortunate to meet some great people and try to open their minds to this new technology frontier -- I gave bitcoin to: Richard Branson, Bill Clinton, Steve Wozniak, Robin Wright and many more -- Branson is an inspiration for me in how he conducts business and gives so much back to society and the environment.
Bianca: Last question from the group member: do you think the market value of many digital coins will return to zero?
Matt: My sense is that about 90%+ will go to zero -- I think BTC and ETH will continue to do very well as they are the two "gateway cryptos" for new money (institutions) coming into this ecosystem -- that logic will spread to the top 10-20 large and mid-cap cryptos -- speculative network effects will kick in -- we are still in the investment and speculative phase crypto (like it or not) -- once there is real utility, transactions and throughput, we will see which networks wil remain for the long haul -- the potential here is tens of trillions of value -- we have a long way to go…
https://preview.redd.it/6kwrwjja4cd11.png?width=350&format=png&auto=webp&s=b91c4a9be963b771ac8879ef8da9ac4b2343bd95
Bianca: Before you go, would you like to share your feelings today? Do you have any other words for the ladies in the 499 WeChat Group? :)
Matt: Once more, I am so honored to spend time with you all -- super impressed by the women in this group -- this is the best time to build, invest and be a part of one of the most important societal shifts in history!
submitted by ox3tv to u/ox3tv [link] [comments]

Recent Mainland China Bitcoin News

I have a question for everyone on this board as the price of BNB continues to plummet due to the news out of China (other then the reversal late today). The news out of China as everyone is aware, is a complete halt to ICO's as well as strong rumors of exchanges being shut down, bitcoin trading ceasing by month end, etc. Certain mainland China exchanges have already stated their intention to shut down their Chinese operations.
Wouldn't this action to regulate bitcoin, ban ICO's, and outlaw exchanges (at least without licenses for now) be extremely beneficial to Binance by moving the trading and ICO volume offshore to Hong Kong where Binance is incorporated? The Chinese government is essentially wiping out (at least temporarily) Binance's direct competition, i.e. exchanges which are located in onshore mainland China, who are more likely to service clients from the Asia/Pacific region. So if I am a trader on BTCC located n Vietnam, I now need to move my funds to another platform, possibly Binance. If I am a young innovator with a new ICO idea in Malaysia, I will need to launch it on possibly the Binance exchange instead of BTCC which is closing.
Do people agree that down the road, China wiping out mainland exchange competition should be extremely beneficial to the company by increasing its bitcoin and alt coin trading volume? Or do people believe the loss of mainland Chinese citizens' ability to move currency outside of the country to place it on an offshore exchange would offset this? I am curious of people's thoughts on this.
Many thanks,
submitted by mgerber123 to BNBTrader [link] [comments]

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