Bitcoin $9766.650 – CryptoCurrency Trading Report – 24.02.2018 16:42

Bitcoin $9766.650 – CryptoCurrency Trading Report – 24.02.2018 16:42

Hot news:

There were a lot of happenings in the last 60 minutes on the Crypto stock exchanges.

Bitcoin is leading the rank on the most popular crypto-currency, it has an downturn of -0.41% in its exchange rate, which means 9766.650 dollars from the 9806.858 dollars earlier. BitcoinNext in rank to Bitcoin is Tether, with a recorded fall on its exchange value of -0.18% compared to its previous price at 1.003 dollars now at 1.001 dollars. TetherAn hour ago, with a recorded decrease of -0.34%, Ethereum is on the third position as the most popular digital currency in the market: from 839.187 dollars to 836.334 dollars. EthereumNext in line is Ethereum Classic occupying the fourth most popular digital currency in the trading market, a recent increase change of 0.28% percent in its value last 60 minutes ago was recorded from 38.975 dollars now 39.084 dollars. Ethereum ClassicTop 5 on the list of most popular digital currency is Litecoin. In the last one hour, the value rise up from 204.539dollars to 204.702 dollars a 0.08% up change. LitecoinThe sixth position is Ripple, with a -0.13% decrease in its value in the exchange market, which means from 0.952 dollars now 0.951 dollars. Ripple

The biggest stock raisings of the last one hour are:

  1. LLToken969.07%: rose from 0.133 dollars to 1.424 dollars.
  2. SafeCoin74.56%: increased from 0.000112 dollars to 0.000195 dollars.
  3. GulfCoin62.8%: is standing by 0.00282 dollars after the previous 0.00459 dollars rates.
  4. NamoCoin49.62%: according to the 0.000196 dollars from earlier it is going up to 0.000293 dollars.

The biggest share falls of the last one hour are:

  1. Bitz-57.58%: rose from 0.391 dollars to 0.166 dollars.
  2. Royalties-50.13%: increased from 0.000196 dollars to 0.000098 dollars.
  3. MACRON-38.61%: is standing by 0.00175 dollars after the previous 0.001074 dollars rates.
  4. Peerguess-37.262%: according to the 0.00358 dollars from earlier it is going up to 0.00225 dollars.

Join our party in the next hour too.

Date: 24. February 2018 04:42 PM (GMT)

Published at Sat, 24 Feb 2018 16:47:46 +0000

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Wendy McElroy: Privacy Is the Virtue That Sparked the American Revolution

Wendy McElroy: Privacy Is the Virtue That Sparked the American Revolution

Privacy Is the Virtue That Sparked the American Revolution

Featured

The Satoshi Revolution: A Revolution of Rising Expectations.
Section 2: The Moral Imperative of Privacy
Chapter 6: Privacy is a Prerequisite of Human Rights

Privacy is the Virtue that Sparked the American Revolution, Chapter 6, Segment 2

A general dissolution of principles and manners will more surely overthrow the liberties of America than the whole force of the common enemy. While the people are virtuous they cannot be subdued; but when once they lose their virtue then will be ready to surrender their liberties to the first external or internal invader.

— Samuel Adams

Many people are under attack from an internal invader: their government. Fortunately, history reveals a powerful weapon against the invasion.

Privacy is the revolutionary virtue that caused American colonists to slam the door in the face of British officials, both literally and figuratively. The Third Amendment of the U.S. Constitution prohibits the then-widespread practice of quartering soldiers in private homes, even during peace time, without the consent of owners. The Amendment sounds antiquated to modern ears. But correction of this travesty’s violation of privacy and property was important enough for revolutionaries to rank third in the list of liberties declared by the Bill of Rights. It follows the First Amendment (freedom of speech and religion) and the Second Amendment (the right to bear arms.)

Why? Because the Third Amendment asserted the right of domestic privacy against government intrusion into the most personal of realms – the home. It is the only language in the Constitution that addresses the relationship of the individual to the military, in both war and peace, and it gives priority to the individual. As outmoded as the Amendment may seem, it takes no great leap to apply its underlying principle to the current wars conducted by militarized law enforcement against terrorism and on “treasonous” crimes, such as money laundering. The individual comes first.

The Fourth Amendment also champions privacy. It opens by defending “[t]he right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures.” In terms of crypto-privacy, the important word is “papers.” The reference can be easily extrapolated into the 21st century to cover emails and other computer data. Moreover, the disparate history of how the law has treated “papers” and “effects” reiterates the message of the Third Amendment. When it comes to “papers,” individual privacy prevails. That is, it has until recently.

The Fifth Amendment also asserts the right to privacy by delineating the right of an individual not to bear “witness against himself” in criminal cases.

Fifty-six colonists signed the Declaration of Independence. They knew it was an act of treason, which was punishable by death. If the revolution failed, they would lose their lives, their fortunes, and endanger their families. Even when it succeeded, some paid a terrible price. “Five signers were captured by the British and brutally tortured as traitors. Nine fought in the War for Independence and died from wounds or from hardships they suffered. Two lost their sons in the Continental Army. Another two had sons captured. At least a dozen of the fifty-six had their homes pillaged and burned.” That’s how important the signatories–now called Founding Fathers–viewed the principles of the revolution, including the virtue of privacy.

Privacy was a revolutionary virtue worth dying for.

[Note: this discussion focuses on the U.S., but the principles expressed easily cross national borders and cultures. Also, I do not whitewash the many abuses of the American Revolution; I do not dispute that Loyalists were also colonists; I mean merely to highlight the pivotal role of privacy in the Revolution’s dynamic.]

What a Difference a Word Makes

When government confiscates or surveils smart phones and computers, the purpose is to snatch private information from those devices. In 18th-century parlance, the government seizes your “papers.” Compliant citizens obediently surrender the information on those devices; some even defend the intrusion on the grounds of “security.” Such people have every right to do so; it is their personal information to share or not. But they have no right whatsoever to require anyone else to comply with invasive laws and bureaucrats; they are morally wrong to demonize those who choose not to share. Yet those who say “no” to the gang rape of their privacy are literally treated as criminals.

Happily, history exists. Its invaluable lesson: things were not always this way, and it does not have to be this way now.

The world is experiencing what has been called a “technological crisis in modern legal doctrine.” Namely, the old rules do not always fit the new situation.  Physical-evidence rules do not cleanly apply to digital evidence, and inconsistent rulings by the courts on cryptocurrency further confuse the situation. No one definitively knows the legal status of your crypto-wallet or your private keys. A solution to the growing legal mess may lie in a word within the Constitution, upon which few people remark — “papers.”

Listen to history.

Again, the Fourth Amendment states, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

Aspects of the Amendment are clear. The government assumes the burden of proof before it can legally violate an individual’s privacy and property, for example. One aspect is commonly overlooked, however. It is the deliberate distinction between “papers” and “effects,” between personal information/expression and personal goods. The common law, upon which Western jurisprudence is based, has traditionally granted far greater protection to “papers.”

Law professor Donald A. Dripps opens his pioneering 2013 essay, “Dearest Property”: Digital Evidence and the History of Private “Papers” as Special Objects of Search and Seizure , with two  questions. “Why does the Fourth Amendment distinctly refer to ‘papers’ prior to ‘effects’? Why should we care?”

Dripps asks because he wishes “to ground special Fourth Amendment rules for digital evidence” within statute law in order to protect “the volume of innocent and intimate information that must be exposed [or demanded] before the criminal material is discovered.” Fortunately, a path forward can be found in the past. In the 1760s, the American colonies reflected “a great controversy over general warrants, libels, and seizure of papers that erupted in England.” The controversy resulted in a complex analysis of privacy.

Returning to the Revolutionary Role of “Papers” in America’s Birth

In 1761, the lawyer James Otis Jr. represented several dozen colonial merchants before the Massachusetts Superior Court. The case challenged the Writs of Assistance used by customs officials. The hated Writs were indiscriminate search and seizure warrants that instructed all local law enforcement to assist customs officials in searching private property for contraband or smuggled goods. The warrants expired only upon the death of the issuing authority, and they were often transferrable.

Otis took the case pro bono. Before a packed crowd, he rose in the Massachussetts State Court House to denounce King George III, the British parliament, and the entire English nation for oppressing American colonists. An impressionable young man in the audience was galvanized by Otis’ five-hour oration and by its passionate message. According to future President John Adams, Otis’ courtroom performance sparked the American Revolution:

“Otis was a flame of Fire!….American Independance was then and there born…. Every man of [the]…crowded Audience appeared to me to go away, as I did, ready to take up Arms against Writts of Assistants [sic]. Then and there was the first scene of the first Act of Opposition to the arbitrary Claims of Great Britain. Then and there the child Independance [SIC] was born. In fifteen years, i.e. in 1776, he grew up  to manhood, declared himself free.”

But colonial politics did not focus upon “papers”–letters, diaries, business records–which were not taxable items under customs law. English politics did.

In the 1760s, warrants for “papers” began to issue in Britain against authors and publishers who were suspected of “libel”–that is, sedition. Entick v. Carrington (1765) was, perhaps, the most influential legal case of the day. The presiding judge, Lord Camden, offered the famous dictim: “If it is law, it will be found in our books. If it is not to be found there, it is not law.” The government’s “right” to seize papers was not in the statutes. Therefore, it was not law.

The bare facts of the case: John Entick was the publisher of a paper that vigorously opposed the Crown. In 1762, the King’s Chief Messenger, Nathan Carrington, and three other officers broke into Entick’s home. They stole hundreds of papers in a search for evidence of sedition. Entick sued. Entick won.

Subsequent analysis of the Entick case revealed four aspects of the government’s action to be legally obnoxious. The warrant was indiscriminate, both in terms of the premises to be searched and the papers to be seized; the seizure expropriated the papers and denied use of them to the plaintiff; the warrant was unregulated because there was no neutral oversight or avenue of appeal; the seizure was inquisitorial because it gave the government information about the private workings of Entick’s mind. The latter point had special weight. Serjeant Glynn, counsel for Entick, declared: “[N]o power can lawfully break into a man’s house and study to search for evidence against him; this would be worse than the Spanish inquisition; for ransacking a man’s secret drawers and boxes to come at evidence against him, is like racking his body to come at his secret thoughts.”

American colonists paid close attention to Entick and to similar lawsuits in Britian. Penning the Fourth Amendment was not far behind.

“Papers” Versus “Effects” Plays Out in Law

Dripps explains, “Although the reception of English law in the newly independent American states was not automatic or uniform, a basic pattern emerged. The Americans adopted the English common law together with statutes in force at the time of Independence, unless the English rule conflicted with a natural right or a state constitution’s declaration of rights.” In short, any judge who considered issuing a warrant for papers ran up against the previously quoted principle of Entick‘s presiding judge; if it wasn’t in the statute books, it didn’t exist under law. Moreover, warrants on “papers” ran afoul of an increasing number of state constitutions.

Dripps continues, “America inherited the common law ban on searches for papers, adopted constitutional provisions that mentioned papers distinctly, and refused to modify the common law ban by statute until the Civil War.” The Civil War cost money, and the excise tax became the federal government’s major source of funding; tax evasion ran rampant. A unique statute was passed. An  opinion in the ensuing Boyd v. United States lawsuit stated, “[This] act of 1863 was the first act in this country, and we might say, either in this country or in England, so far as we have been able to ascertain, which authorized the search and seizure of a man’s private papers, or the compulsory production of them, for the purpose of using them in evidence against him in a criminal case, or in a proceeding to enforce the forfeiture of his property.” Seizure of “papers,” or compelled discovery, was now embedded in statute law.  Apparently, war was not the proper time to debate Constitutional protections.

The issue of “papers” versus “effects” legally zigzagged since the end of the Civil War. Arguably, the most important zig came in 1886, when Boyd was decided by the United States Supreme Court. “The story of the Boyd case,” Drips writes, “properly begins with a statute authorizing customs officers to seize the books and papers of importers suspected of evading taxes.”

Fast forward to an incident at the Port of New York. Customs officials seized 35 cases of plate glass for non-payment of import tax. The government required E.A. Boyd & Sons to produce the relevant invoice in order to fortify its case against the company. Boyd did so under protest, saying the involuntary disclosure was a form of self-incrimination that was prohibited by the Constitution; it also constituted unreasonable search and seizure. In short, the violation of “papers” denied due process. When a lower court backed the government, the case went to the Supreme Court.

The Supreme Court ruled in Boyd’s favor. It stated:

“The principles laid down in this opinion affect the very essence of constitutional liberty and security. They reach farther than the concrete form of the case then before the court…; they apply to all invasions on the part of the government and its employees of the sanctity of a man’s home and the privacies of life. It is not the breaking of his doors and the rummaging of his drawers that constitutes the essence of the offense; but it is the invasion of his indefeasible right of personal security, personal liberty, and private property, where that right has never been forfeited by his conviction of some public offense, it is the invasion of this sacred right which underlies and constitutes the essence of Lord Camden’s  judgment.”

The Boyd ruling reinstated greater Constitutional protection to “papers” than to “effects.” It also bears directly upon digital “papers” or information. The protection was never absolute, however, and it has been severely eroded in the last several decades.  Dripps explains, “[D]uring the last quarter of the twentieth century, the Supreme Court began effectively to equate ‘papers’ and ‘effects’. Another line of modern cases established ‘bright-line rules’ that  gave the same constitutional treatment to all ‘effects’.” In short, “papers” not only lost their special status under common and Constitutional law, they also became legally interchangeable with every other “effects.” Nevertheless, the precedent of Boyd prevailed for almost a century, and it is not toothless now.

Conclusion

Digital information was born into a new age of inquisition, in which privacy is viewed as guilt. Dripps observes, “Today, federal agents may obtain warrants to seize and carry away entire troves of digitally stored private papers and peruse those files at remote locations, one by one….[What] the common law condemned as a relic of the Star Chamber, and what no American legislature authorized for the first eighty years of Independence, has become standard law enforcement procedure.” Extracting private information used to require torture or other flexing of muscle. Today, the violation is so politically sanitized that it can be invisible and easy to ignore.

Don’t.

It has not always been this way, and it does not have to be this way.

Government wants people to believe that privacy is the antechamber of crime, a refuge for miscreants, and a danger to the innocent. The opposite is true. Privacy is a virtue upon which due process, freedom, and personal lives are built. Privacy is at the core of what it means to be human, because the essence of privacy is the individual mind as it assesses and experiences life.

The surest protection of privacy is to do exactly what government fears. Assert it; celebrate it; understand its pivotal importance to freedom. Do not respond to the spine-chilling demand — “Your papers!”

[To be continued next week.]

Reprints of this article should credit bitcoin.com and include a link back to the original links to all previous chapters


Wendy McElroy has agreed to ”live-publish” her new book The Satoshi Revolution exclusively with Bitcoin.com. Every Saturday you’ll find another installment in a series of posts planned to conclude after about 18 months. Altogether they’ll make up her new book ”The Satoshi Revolution”. Read it here first.

Published at Sat, 24 Feb 2018 16:00:06 +0000

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Bitmain Mining Company Has Reported Higher Profits than GPU Producer Nvidia

Bitmain Mining Company Has Reported Higher Profits than GPU Producer Nvidia

We know the giant Chinese mining enterprise, Bitmain, and also the American technology company that produces graphic processing units, Nvidia. According to CNBC, Bitmain, has reported higher profits in 2017 than Nvidia. Nvidia, a company that was founded 24 years ago made $3 billion dollars in profits while the four-year-old Bitmain reported between $3 and $4 billion dollars in 2017.

Bitmain Mining Company Growing

Bitmain is the most known Application-Specific Integrated Circuit (ASIC) seller and producer on earth. The cards created in order to mine Bitcoin and other cryptocurrencies have been increasing in demand after the prices of the cryptocurrency reached new all time highs in December 2017. bitmain

According to a report conducted by Bernstein, Bitmain holds 70 to 80 percent of the Bitcoin mining hardware. Most of the revenue has come from selling mining rigs. The other part of the revenue came from fees from the mining pools that Bitmain operates and from the rent of mining power of its mining farms through cloud services.

The Nvidia graphic cards have been used for mining cryptocurrencies too. But the main difference is that these cards have been used by “hobby miners.” These GPU’s are less expensive than the ASIC powered rigs that Bitmain sells, like the AntMiner. Of course the mining power is also less for GPU miners.

Bernstein has also reported that when Bitcoin reached $20,000 dollars, the price of Bitmain’s Antminer S9 hit almost $5000 dollars. “Bitmain shrewdly adjusts the prices of miners according to bitcoin prices.”

Bitmain has been searching new places in order to settle its operations after rumours that China was going to ban bitcoin miners. Bitcoin mining activities consume a lot of energy, meaning that several industrial zones and cities have been facing price increases and shortages.

Switzerland and Canada may be the next places where Bitmain will have part of its cryptocurrency mining farms. Furthermore, Bitmain has opened a mining pool subsidiary in Israel, and a regional headquarter in Singapore.

If there is a crash in the cryptocurrency market, Bitmain has an important cash position and also sells chips to miners.

Image: Cryptoconsulting

Published at Sat, 24 Feb 2018 17:02:58 +0000

Cryptocurrency News

Lafayette Blockchain Bootcamp [Mar 12-April 5, 2018] | Blockchain Training | Bitcoin Training | IT | Training | Ethereum | Solidity | Hyperledger | Distributed Ledger | Smart Contracts | Cryptocurrency | ICO Offerings | Weekday Evenings

Lafayette Blockchain Bootcamp [Mar 12-April 5, 2018] | Blockchain Training | Bitcoin Training | IT | Training | Ethereum | Solidity | Hyperledger | Distributed Ledger | Smart Contracts | Cryptocurrency | ICO Offerings | Weekday Evenings
Features & Benefits 8 sessions, each session of 2 hours spread over 4 weeks 16 hours of LIVE Instruction spread over 4 weeks Training material with lab exercises provided Each session is recorded and recordings are provided to students over Microsoft Cloud Build a real-life blockchain application Take this survey to save $50 off the published ticket price Course dates: March 12 – April 5, 2018 Weekly Schedule Monday and Wednesday, every week 6:00 PM – 8:00 PM (US Pacific Standard Time) each day Please confirm your local time Other Upcoming courses: Weekends Only: February 3 – February 25, 2018, Sat/Sun 8:30 AM – 10:30 AM (US Pacific Standard Time) each day March 3 – March 28, 2018, Sat/Sun 8:30 AM – 10:30 AM (US Pacific Standard Time) each day Weekday Evenings: February 5 – February 28, 2018, Mon/Wed 6:00 PM – 8:00 PM (US Pacific Standard Time) each day Video Conference Link Will be sent upon registration and payment Training Provider: Omni212 Omni212 IT Training https://www.omni212.com/services/training/ Course Overview This course starts as a level 100 course for beginners and builds up into a level 200 course. The course provides an overview of the Blockchain technology including its history, evolution and the future. Students learn about bitcoin, which is powered by blockchain technology, bitcoin mining, other cryptocurrencies such as Ethereum, Block, Hash, cryptography, how to develop a simple blockchain application. Why Blockchain? Blockchain is once in a lifetime revolutionary technology that was invented after the 2008 financial crisis. Bitcoin is powered by the Blockchain technology. There is a lot of hype around bitcoin. However, the technology behind bitcoin, Blockchain is here to stay and is the biggest technology revolution after the internet. Blockchain transactions are secure, immutable, hacker-proof, protect privacy. Why Blockchain Training? Just as computers and internet have taken over our lives, Blockchain is going to be a part of our everyday life in the coming years and decades. Blockchain Training will help you understand the underlying mechanisms of Bitcoin transaction systems, Ethereum & Hyperledger. Together with learning to setup your own public/private blockchain environment, you’ll also master the concepts like Cryptography & Cryptocurrency, Blockchain Networks, Bitcoin Mining & Security, Multichain, developing smart contract on Ethereum & Hyperledger Platform. Why Blockchain training from Omni212? Our Blockchain training is very hands on. Our training material and lab exercises have been prepared by Blockchain pioneers. Since blockchain technology is continuously changing, we are constantly updating our curriculum to reflect the latest advancements in the Blockchain technology. Our students are provided with class recordings, training manuals and lab exercises on Microsoft Cloud. Who can take this course Anyone aspiring to learn new technology can take this the course. Students and professionals interested in a career in the blockchain technology should opt for the course. Other professionals who should take this course are: Banking/Finance professionals Software developers Corporate Executives looking to connect corporate strategy to technology Government Executives looking to better understand Blockchain opportunities High school & college students Supply Chain Managers CEO's, Boards, and Senior VP's Entrepreneurs looking to launch a blockchain technology startup Consultants and Professional Service Providers Prerequisites Programming knowledge is desired but not required. It would be nice if you already have knowledge of Python, JavaScript, NodeJS and ReactJS. Those who have no programming knowledge will still get a lot of value from taking this course just as a beginner would learn a lot from watching someone cooking a meal or changing a flat tire.  What will you learn in this course In this course you will learn to: Define Blockchain Technology, in your own words Understand the implications of Blockchain technology for your life, job and how it could potentially impact your business and industry. Understand blockchain use cases and industry potential of Blockchain technology. Enable you to have intelligent conversations about Blockchain Technology with your customers, co-workers, business colleagues and friends You will learn to develop a strategy to prepare your business or your clients for the emerging Decentralized Economy Join a community of economists, business leaders, entrepreneurs, and technologists that are shaping this technology as we speak. Identify which aspects of Blockchain Technology seem most important and relevant to you Walk away with a strong foundation in where blockchain is going, what it does, and how to prepare for it  Course Objectives After completing this Training, you should be able to: Understand the importance of Blockchain technology Perceive, how bitcoin transactions are validated by miners Create and use bitcoin account effectively Have a deep insight into bitcoin and its network Understand Ethereum blockchain Comprehend the cryptography and cryptocurrency concepts Learn Solidity: Prominent language to develop smart contracts Deploy your private blockchain on web where you can visually see your chains Develop private Blockchain in MultiChain Discuss the compelling use-cases of the blockchain Interpret the prospects of blockchain Assess, how blockchain can improve your business standards Course Outline Blockchain, Cryptocurrency, Bitcoin and Ethereum Overview Blockchain Technology and Architecture Blockchain Data Structure, Distrubuted Ledger, Decentralization, Storage and Mininig, Security & Encryption Software Development with Blockchain and Ethereum Blockchain Use cases and applications Blockchain and Digital Wallet Blockchain and Smart Contracts Private and Public Blockchain Blockchain Disruptive Use Cases and applications Learn How to Build a Blockchain App Different types of blockchain  Hyperledger  Multichain  Openchain  Corda  IOTA Refund Policy 1. There are no refunds.2. If for any reason the course has not been taken, class is cancelled or rescheduled, the payment can be applied towards any future course by Omni212.
starting on 2018-03-12 20:00:00

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Instructor led Online | Video Conference
Online – please disregard address & map locations.
Lafayette
United States

SoonCoin price jumps 2,224.51% in 24 hours

SoonCoin price jumps 2,224.51% in 24 hours

SoonCoin price skyrockets 2,224.51% in 24 hours

Thanks a lot for subscribing!
Thank you for watching this video.

Sources:
sooncoin.com
coinmarketcap.com

What Is Ambrosus?

What Is Ambrosus?

This article was originally posted on The Merkel – with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, you can find anything from how to make money with bitcoin to how to create your own cryptocurrency. For more check the link below.

Blockchain technology can make a big impact on our society in many ways. Especially when it comes to supply chains, there is a lot of progress to be made. Ambrosus aims to do exactly that, as it plans to combine sensors, blockchain technology, and smart contracts to offer quality food and medicine.

What is Ambrosus Exactly?

Ambrosus is quite an intriguing project which envisions very different use cases for blockchain technology and smart contracts. It aims to transform globalsupply chainsby creating a trusted ecosystem where entire product histories can be recorded in a transparent manner. Additionally, its chain will be capable of supporting commercial transactions without too many problems. In the long run, this should lead to autonomous supply chains and improve distribution processes.

How Will This be Achieved?

TheAmbrosusecosystem consists of many tools. First of all, there are the sensor systems, which generate valuable data on goods and shipments to be recorded and monetized on the blockchain. The blockchain will also be used to power direct deals between users, rather than having to rely on centralized intermediaries along the way.

The Ambrosus team aims to build a commodity exchange platform and a decentralized marketplace to introduce a new era of commerce. Their technology will need to be able to record vast amounts of data and ensure the integrity of this information. This is where smart contracts come into the picture to execute all of these tasks accordingly.

Last but not least, there are the developer tools. A project such as Ambrosus won’t get far without the right tools and applications being built for the ecosystem. Several modules will be offered to the community in the future which can be used to build extensions, dApps, and protocol upgrades. It is evident this project heavily relies on community involvement to shape a better future.

The Amber Token Explained

Ambrosus, like every other blockchain project, has a native token to add value to the network. In this case, that token goes by the name Amber. It is used to trace products throughout the value chain, as well as to access other network services in the future. Moreover, the Amber tokens interact with the proprietary sensor systems and can be used for commercialized smart contract-based ventures as well. It is worth mentioning that this token has been created with the help of Parity Technologies, a company most Ethereum users will be rather familiar with.

What Comes Next?

The Ambrosus project is a long-term initiative, and the developers will have their hands full until at least 2020 until all functionality is accessible. For now, an alpha version of the decentralized storage solution is available. Next month, the marketplace will go into beta, as well as the exchange platform and the product checker software. The first generation of sensor systems will come to market in June or early July, which is certainly something to look forward to.

To read more from The Merkel follow this link.

Published at Sat, 24 Feb 2018 17:00:28 +0000

ambrosus

BitQuick reintroduces its Bitcoin Compliance API

BitQuick reintroduces its Bitcoin Compliance API

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BitQuick, a US instant buying and selling Bitcoin marketplace has relaunched its Compliance API. Initially released in 2015, it allows state and federally regulated businesses to access customer data in order to remain compliant…

BitQuick reintroduces its Bitcoin Compliance API was published on CryptoNinjas.

Published at Wed, 21 Feb 2018 13:26:49 +0000

Bitcoin

More Gains Push Nano Price Well Beyond $15

More Gains Push Nano Price Well Beyond $15

As was to be expected, all cryptocurrency markets suffer from massive bearish pressure once again. The weekend is a notorious time of the week for unusual market movements, and it seems we will see some big losses this week. Some currencies are still successfully bucking this trend, as the Nano price simply continues its solid momentum without batting an eye.

Nano Price Remains Uber Bullish

It is uncanny how the Nano price continues to soar to new heights all week along. Whereas most other cryptocurrency markets are not exactly doing all that well, Nano is showing some uber bullish momentum as of right now. With another 43.71% gain over the past 24 hours, no one can deny things are looking pretty good for this currency. This trend is all the more important given the recent BitGrail issues which could have effectively crippled this market accordingly.

More specifically, the Nano price now sits comfortably above $15. Even though it hit close to $17 a few hours ago, that massive uptrend could not be sustained for very long. Especially with Bitcoin and most altcoins effectively declining in value as we speak, it is evident there will be some interesting shakeups moving forward. For now, none of that negative momentum has spread to Nano, although one never knows what the future may hold.

This solid 43.71% gain is not just thanks to any Bitcoin price movements either, mind you. The Nano/BTC ratio has improved by another 49.42%, pushing the Nano value to 0.001559 BTC in the process. Thanks to this improvement in the BTC ratio, the nano price is effectively soaring as we speak. With this trend remaining in place for the third time in a row, it will be interesting to see how long it takes until things turn around as far as the Nano price is concerned.

With $351.57m in 24-hour trading volume, things are certainly picking up for Nano as we speak. This has been a rather intriguing development as well, as this coin had just $100m worth of trading volume two days ago. It seems everything is trying to get in on the nano price action as of right now, even though it is very well possible we will see a price reversal at some point in the future.

Binance still continues to dominate the Nano trading volume as we speak. More specifically, their BTC and ETH pairs are in the top three, and the BNB market is in fifth place. KuCoin and RightBTC are the only two other exchanges in the top five right now, which means there are no fiat currency markets to take advantage of as of right now. So far, that has not been much of a problem for Nano, but it would be nice to see some fiat currency pairs added to this list in the future.

It is unclear how high the Nano price will go before the momentum effectively reverses. Given the fact this trend has remained in place for a few days in a row, it is possible we will see some interesting developments in the coming hours or days. Reaching $20 seems virtually impossible right now, yet few people expected the Nano price to surpass $15 this week. Anything is possible in the world of cryptocurrency, although all good things will come to an end eventually.

Published at Sat, 24 Feb 2018 17:19:46 +0000

USA versus Stetkiw: Is Bitcoin Money?, Detroit – United States

USA versus Stetkiw: Is Bitcoin Money?, Detroit – United States

*** This is Detroit Michigan ***

Both side agreed to change the date to April 23rd, 2018. A hearing on Bitcoin will take place at the Federal Court house in Detroit Michigan. This is a real trial like those on television. It’s not a conference where one can ask questions. Lawyers from both side will argue for real, and the life of a Bitcoin trader will be hanging in the balance.

https://www.courtlistener.com/docket/6182321/united-states-v-stetkiw

This will be a quick hearing where they will give some instructions. Lot of wait time as there is 5 case to get a judge assignment.

Published at Fri, 16 Feb 2018 00:00:00 +0000

BTSR Staff 2017 Video Edit

BTSR Staff 2017 Video Edit

Videos of the BTSR staff me and the rest of the 2017 staff messing around and having fun. I changed it from the last one, so enjoy!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The song is “Homecoming by Jinsang” on Soundcloud. The audio in no way belongs to me, go check out the official artist and support them for more cool music!

Bitcoin: Buy Bitcoin. Sell Bitcoin. Trade Bitcoin. Explore Bitcoin. Research Bitcoin.

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