Skip to main content

Posts

Showing posts from December, 2017

A high rated discussion on bitcoin , logically explained by ethxpay COO

Bitcoin Markets Wobble ,While  Fees Keep Soaring. A lot of people had a lot of things to say about Coinbase this week, and most of it was negative. Whether it was raging about  insider trading , disastrously introducing bitcoin cash, or slowness to adopt Segwit, Coinbase was taking flak from all sides. It’s a remarkable change in public sentiment towards an exchange that was once regarded so highly by many. Could Coinbase be in danger of becoming bitcoin’s Google – a monopoly that winds up doing more evil than good? Bitcoin never sleeps or slows. With the holidays approaching, there was zero chance of the world’s leading cryptocurrency taking a break so we could tend to last-minute shopping and drinking. Like the primadonna that she is, this week in bitcoin continued the year’s trend of hogging the limelight, with tales of rising fees and Coinbase misbehavior fueling much of the action. "The trend over nearly a decade is this: as much as bitcoin is propped up by huckster

ONE MORE STEP#BITCOIN..

$240 Bln Japanese Company To Pay Employees in Bitcoin... Japanese company GMO Internet will start offering employees a portion of thеir salaries in Bitcoin, as of February 2018. The company, a holding of businesses that employs over 4,000 people total, will give employees the option to receive up to 100,000 yen ($890) monthly in BTC. According to The Guardian, a  spokesperson for GMO, Harumi Ishii, says the company is exploring the applications and capabilities of Bitcoin. In paying employees in Bitcoin, they hope to get a better understanding of how the virtual currency can be used in real-world scenarios: “Employees can receive salaries by Bitcoin if they want to. We hope to improve our own literacy of virtual currency by actually using it.” According to their site, the company has shown interest in the Blockchain and cryptocurrency space prior to their decision to pay employees in BTC. Having successfully launched a Bitcoin exchange earlier this year, GMO is l

BITCOIN WILL DO TO BANK, WHAT EMAIL DID TO POSTAL INDUSTRY......

  This statement completely make sense as now a days lots of computer user are aware of email procedure that has dissolved the postal culture from the society like this ,the  coming generation they are also getting some what getting inclined towards this new type of digital currency that is a making a possible room for himself for the future of all types of currencies ...     India has been looked as one of the nations that would shape Bitcoin’s future in the coming years. Bitcoin is merely another method of spending money with another person that has a Bitcoin Client as well. If more people just use Bitcoin then there wouldn't be any need for the companies that work in-between Banks and Customers/Businesses because people could just spend their money whenever they please if they have it already with them.

Will it be possible that if Blockchain Technology can remould Global Payments System?

Payments are synonymous with a transaction that is guaranteed by a central authority which can be a bank, a payment wallet or an escrow service. Keeping the chronological timeline under consideration blockchain happens to be at the helm of technological advancement in the financial domain.   A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database. Each time a block gets completed, a new one is generated. “Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole.” The core value of a blockchain is that it enables a database to be directly shared without a central administrator. Rather than having some centralized application logic, blockchain transactions have their own proof of validity and authorization to enforce the constraints. Hence, with the blockchain acting as a consensus mechanism

IMPACT OF BITCOIN IN INDIA

Crypto currency exchange operators remain untaxed of  RBI warning that beware of Bitcoin " if India had to ban virtual currencies they would have done by now. in last 3 years, the RBI 's statement has been the same: they are uncomfortable with it and people should invest at their own risk . But tell me who is at risk everyone who has invested in it are making money  and richer now.crypto currency is reality of the power of digital currencies which fast gaining popularity in India & world wide. It is now almost a decade since the first crypto currency, BITCOIN was developed in 2008 by Satoshi Nakamoto, but still, it is believed that we are in the nascent stages of crypto currency and block chain technology. It’s either gifted as an economic saviour of mankind or a complete annihilator of fiat currency. so visit the following links for more expert opinion  of bitcoin. In the last couple of years there has been significant growth in the trading of variou

Bitcoin a 'dangerous speculative bubble ,is it?

Mo n e y   is   a   m a tt er   o f   f a ith,    Bits of paper and computer bytes change hands billions of times a day as a measure of value because we trust the promise that they represent .in today's era of fiat money ,those promises rest ultimately on a guarantee by governments that they are valuable .  that guarantee , as we have seen , is being questioned as the willingness of governments to live up to the promises of fiat currencies is called into question by the deterioration in public finances    We often discuss the ways that new technologies and techniques are being used to improve the digital scenario consecutively  To   t r e at   the   debate   about   the   f ut u re   of  mo ne y   as   a   battle   between econo m i c  truths  is   to   mi s und e r stand   the   nature   of   money  itself.   M oney   is   not something   absolute.   It   is  a   technology   that   has   changed   over  m il l e n nia   to   meet our   evolving   need   f o r