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How You Can Spend Your Bitcoin Fortune wisely

How You Can Spend Your Bitcoin Fortune wisely

http://bargeldwillkommen.com/wp-content/uploads/2014/06/BellaVista_sample.jpgLet’s face it: Having only crypto will not make for a good life. And crypto now is high, very high. A correction is in the cards, so why not lock in the insane profits and convert it to something you can touch, see, feel and use? At  a bargain?

A friend of mine is offering this one-of-a-kind real state in the Caribbean, a true mansion, your neighbors will be Schmid from Google, and other hi-flyers. Cabarete, one of the six important surf and kite surf locations in the world is just 5 minutes by car.

He is very motivated to sell as he needs to go back to Europe to take care of his elder parents.

Go and have a look for yourself

Or here first a video:

 

Africa and the Middle East: Crypto and Blockchain News Roundup, 13th to 19th April 2018

Africa and the Middle East

Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.

 

South Africa

Tax authority may be wrong about crypto: Tax Authority in South Africa, SARS, has announced that cryptocurrencies cannot be considered as currency for tax purposes but will be taxed on assumption that they are “intangible assets”. The move is not welcomed by cryptocurrency traders as intangible assets are subject to “capital gains” taxes and “currencies” are not subject to capital gains at all.

Startup UBU targets poverty: A South African cryptocurrency payment project called Project UBU is aiming to get as many users as possible. The project aims to provide participants with 100 UBU coins per day (equivalent to a few dollars) to individuals living below the poverty line. This program will thus create the world’s first welfare cryptocurrency that is transparent enough for those at the bottom of the economic pyramid.

 

Kenya

Central bank warns against cryptocurrency: The Central bank of Kenya (CBK), through its governor, has once again warned against trading in cryptocurrencies. Its governor, Patrick Njoroge, appeared before a parliamentary committee on finance and gave statements in response to a question from one of the lawmakers.

He said that it was not the first time that the CBK has warned against trading in cryptocurrencies. Back in December 2015, the bank also gave out stern warnings against virtual cryptocurrencies like Bitcoin. However, the governor is at the same time interested in trying out blockchain as a technology.

IBM deploys blockchain-based microfinancing service for food kiosk owners: IBM announced on 18 April that its researchers will soon roll out a new blockchain-based microfinance solution in Kenya later this week in partnership with Twiga foods. Twiga Foods is a B2B coordination platform for kiosks and food stalls in Africa and had previously expressed interest in using innovative financial service offerings to its customers.

According to IBM researcher Isaac Marcus:

“We analyzed purchase records from a mobile device and then apply machine learning algorithms to predict creditworthiness, in turn giving lenders the confidence they need to provide microloans to small businesses. Once the credit score is determined, we used a blockchain, based on the Hyperledger Fabric, to manage the entire lending process from application to receiving offers to accepting the terms of repayment.”

 

Zimbabwe

Bitcoin trading gains ground with new crypto exchange and ATM: Cryptocurrency trading is becoming a popular trading option in Zimbabwe with the addition of a new exchange and ATM in the country. Exchange Golix was already operating in the country for some time and now the competition has increased with Styx24 also accepting applications for cryptocurrency trading.

The cryptocurrency scene is a welcome respite for Zimbabweans that are facing hyperinflation with the government recently printing 100 trillion dollar bills that can only buy basic items. It is a widely held consensus that the fiat system has destroyed the economy and people are now looking at cryptocurrencies to help quell this hyperinflation.

 

Israel

Tightening crypto regulation: The Israeli financial watchdog Israel Securities Authority (ISA) is tightening control over cryptocurrency asset companies registered in the capital Tel Aviv’s stock exchange.

The companies have been given documents that are seen as tightening of crypto-related developments in the country. According to the government agency, the move was done to protect investors from the volatility and risk that comes with investment in cryptocurrencies. As of now, all cryptocurrency setups that deal, hold, invest or mine are being told to keep away from the public.

 

The post Africa and the Middle East: Crypto and Blockchain News Roundup, 13th to 19th April 2018 appeared first on BitcoinNews.com.

South America: Crypto and Blockchain News Roundup, 13th to 19th April 2018

South America

Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.

Chile

Crypto exchanges fight back on bank blockade: Chilean cryptocurrency exchanges have filed cases in Chilean appeal courts in an attempt to overturn the government’s forced shutdown of cryptocurrency exchanges through three of the largest banks namely Bank of Nova Scotia, Itau Corpbanca and state-owned bank Banco El Estado de Chile.

Three of the country’s largest cryptocurrency exchanges Buda.com, Crypto Market (Crypto MKT) and Orionx are currently blocked from using banks at all. At the time of the ban, the state-owned Banco del Estado de Chile said that it will stop operating “with companies that are dedicated to the insurance or creation, brokerage, intermediation or serve as a platform for the so-called cryptocurrencies”.

Cryptocurrency trading in Chile is significant with Buda alone handling USD 1 million worth of cryptocurrency trades on a daily basis. The defense lawyer was of the opinion that this decision was a gross exploitation of a situation of economic independence.

The reasoning provided by banks has little or no details and the exchanges are buoyed by this lack of detail in securing back their operations in the South American country.

Chile trials transparent blockchain-based energy data for the public: Chile’s national energy organization, Nacional de Energía de Chile (CNE), has announced that it is launching a new pilot project to utilize Ethereum blockchain smart contracts to store energy products and their data from the nation’s abundant reserves.

The CNE issued a press release recently that detailed benefits of using a decentralized system rather than an easily manipulated central security database. The data will be stored in a distributed ledger on EnBenergía Abierta, a database that is stored in hundreds of servers around the country. The public can see and account for the energy data, making for a smooth and transparent government process.

 

Panama

Blockchain embassy in Panama City: Panama has moved forward with a Blockchain Embassy planned for crypto enthusiasts, entrepreneur, activists and connoisseurs opened for the general public. The location is at Balboa Boutiques Strip Mall of Balboa Avenue in Panama City.

Crypto merchandise is available for sale in the new setup as well as themed drinks, new hardware wallets, a coffee ship and a co-working space. In a press release posted on Bitcoin.com, the embassy will also host cryptocurrency workshops, presentations and other events with the general public being welcomed in the Panama crypto community. According to the press release:

“The embassy accepts payments in cash and crypto, and has become an emblematic tourist site in Panama. It receives visitors from all over the world. It is one of the projects created by startup Cryptobuyer.io, known for being the first company in the world to install ATMs in commercial banks, as well as integrating its system Cryptobuyer Pay that allows any commerce to accept payments in Bitcoin and other currencies.”

The site is easily accessible by card and the administration has smartly integrated all of its amenities.

 

Venezuela

Petro cryptocurrency declared as legal tender: The Venezuelan government led by President Maduro has recently decreed state Petro cryptocurrency to be legal tender. The country’s official gazette on 9 April 2018 reported this latest development and President Maduro has also announced that all state institutions will start accepting Petro as legal tender.

Bolivar sees 454% inflation as President Maduro banks on Petro: Venezuela’s stricken economy continues to see hyperinflation of up to 454% in the first quarter of 2018. The Venezuelan Bolivar (VEB) has weakened by an astonishing 8900% in the last 12 months alone. President Maduro, instead of focusing on the hyperinflation, is banking on the new cryptocurrency Petro to quell the ever-increasing hyperinflation in the country.

The hyperinflation has brought the government to the brink of economic collapse and Venezuelans are fleeing the country by the thousands but the focus on Petro, which is at least theoretically backed by oil products, is continued to be seen by the government as an escape route.

Petro awarded Satoshi Nakamoto Prize: Venezuela’s Petro continues to make the headlines despite many problems hawking its development with the first state cryptocurrency recently awarded the Satoshi Nakamoto Prize by the Russian Association of Cryptocurrency and Blockchain (RACB) in Moscow. Russia’s alleged help in launching this cryptocurrency was also reported in previous weeks so this prize comes as little surprise.

 

Brazil

Brazilian crypto businesses, exchanges create rival associations: Top Brazilian cryptocurrency exchanges BitcoinTrade, Mercado Bitcoin, Foxbit and others have recently joined hands to create a new cryptocurrency association Associação Brasileira de Criptoeconomia (ABCripto), whose purpose is to defend the interests of cryptocurrency users and development of the decentralized economy.

Another rival group of like-minded companies have also launched their own platform – the Associação Brasileira de Criptomoedas e Blockchain (ABCB). This group is led by fintech firm Atlas Project.

XP Investments launches crypto exchange: Brazil’s investment giant XP Investimentos Bank that takes care of more than USD 35 billion for over 500,000 clients, has announced the launch of a new cryptocurrency exchange. The new exchange is called XDEX INTERMEDIACAO LTDA and its registered capital is set at USD 7.3 million.

 

The post South America: Crypto and Blockchain News Roundup, 13th to 19th April 2018 appeared first on BitcoinNews.com.

PR: UHIVE The Next-Gen Social Networking App Announces Token Event

Bitcoin Press Release: UHIVE next generation social networking app introduces a hybrid concept and launches token generation event (TGE).

LONDON, UK, April 11th, 2018: A novel social media network introducing its innovative hybrid centralized/decentralized concept is poised to inaugurate the new digital life era. UHIVE, the project that is being developed by UHIVE Ltd., is about to reach its next milestone, which is the launch of its Pre-TGE and Crowdsale TGE for its proprietary, eponymous digital token (UHIVE).

UHIVE tokens are the fundamental currency powering the UHIVE social network, which has been described as “a new hybrid blockchain system which uses the best of both worlds (centralized and decentralized)”. More specifically, the UHIVE social network will be comprised of two worlds, the Civilized World, and the Grey World, which differ in terms of governance, freedom of expression, and even the presence of an element of surprise.

On the one hand, and in terms of the Civilized World, UHIVE creators have adopted the model of current, civilized societies in terms of rules and governance, to create a centralized online space where users have their individual profiles (walls-spaces) and connect with others while sharing their personal information, interests, and affinity for certain spaces on the network (e.g. “fashion”, “politics”, etc.)

On the other hand, the Grey World is a wholly anonymous and non-regulated blockchain-powered space where members can freely express their thoughts and feelings, and create undisclosed groups where they can mingle with other, anonymous members. Since the Grey World is largely uncharted, users will be able to stumble upon areas by chance, and discover new things that might interest them.

Mr. Muayyad Shehadeh, UHIVE Ltd. CEO stated:

“UHIVE is the first social network built from the start to be mobile-based and support Virtual Reality, while it is also the first of its kind to be controlled by advanced A.I. technology”

“Our goal is to add a new, intuitive dimension to social networking, where users can find things that interest them beyond using keywords, hashtags and suggestions – which is what they have been doing so far. UHIVE community members will be able to discover communities based on their interests, and zoom in and out of spaces that draw their attention, much like when our eyesight does in real life when we find something intriguing. UHIVE’s smart A.I. algorithm will evaluate spaces based on traffic, audience engagement and affinity, and create a thriving “real estate” scenery, which individuals and businesses can take advantage for promotional purposes, or flip in exchange of lucrative payments in UHIVE tokens.”

The UHIVE Dimension
The UHIVE platform adds a new dimension to digital marketing, offering significant benefits to marketers, influencers, and consumers alike. Brands and strategists will now have the chance to select UHIVE spaces with high traffic, as well as influencers-members of the UHIVE platform, to target their audiences with improved specificity.

What’s more, a significant portion of the UHIVE advertising revenue will be given back to UHIVE social network users, in the form of UHIVE tokens, so as to contribute in sustaining the UHIVE economy, create user loyalty, and organically promote the token’s growth.

A maximum of 3 billion UHIVE tokens will be made available for purchase during the company’s Pre-TGE, which will take place April 11, 2018 – April 30, 2018; while a further 14 billion in total will be up for sale during the company’s Crowdsale TGE, from May 2, 2018 – July 15, 2018. During the latter, the company will also be awarding a total of 3 billion tokens in bonuses to UHIVE token buyers, bringing the total of UHIVE tokens released during these two phases to 20 billion. The remaining 60 billion out of the total 80 billion tokens issued are expected to be released to exchange platforms, to the UHIVE team and company advisors.

UHIVE has shared that the UHIVE beta app release for Android and iOS is expected sometime in October, 2018.

UHIVE currently runs a promotional offer, giving 1,000 to 10,000 free UHIVE tokens to anyone who joins its Telegram group and remains a member of it until the end of the company’s TGE. Those interested in doing so can join through here.

Visit the Website: https://ico.uhive.io/
Read the Whitepaper: https://ico.uhive.io/wp-content/uploads/UHIVE_Whitepaper.pdf
Facebook: www.facebook.com/uhivesocial
Follow on Twitter: www.twitter.com/uhivesocial
Instagram: www.instagram.com/uhivesocial
BitcoinTalk: https://bitcointalk.org/index.php?topic=3248342.0
Follow on YouTube: https://www.youtube.com/watch?v=kTYmbFAv8XM&t=9s
Chat on Telegram: http://www.t.me/uhivesocial.
Team LinkedIn:
https://www.linkedin.com/in/muayyad/
https://www.linkedin.com/in/hazem-bustami-148b1131/
https://www.linkedin.com/in/stfamanda/
https://www.linkedin.com/in/lana-khayri-22b15817/
https://www.linkedin.com/in/zaidamir/
https://www.linkedin.com/in/ahmad-bushnaq-bb4bbb40/
https://www.linkedin.com/in/noor-daoud-53270076/
https://www.linkedin.com/in/zeidsoufan/
https://www.linkedin.com/in/firassaba/

Media Contact:
Company Name: UHIVE
Address: 3, Shortlands, Hammersmith – London, United Kingdom – W6 8DA
Country: United Kingdom
Email: hazem@uhive.io
Telephone: +44 207 1931 415
Contact Person: Hazem Bustami

Hazem Bustami is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only.

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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“Big Bitcoin Heist” Escapes on Icelandic PM’s Plane

Robbery suspect Sindri Thor Stefansson has escaped from custody and fled to Sweden on a plane which was reported to have been carrying Icelandic Prime Minister Katrin Jakobsdottir.

Stefansson was being detained on suspicions of being the mastermind behind what has become known in Iceland as “the big Bitcoin heist”, the robbery of 600 computers used to mine Bitcoin.

He escaped from the Sogn open prison in rural southern Iceland early on Tuesday and boarded a plane at Keflavik International Airport some 95km away. He was only reported missing after the flight to Stockholm had taken off.

Stefansson’s plane was also reported to have been carrying the Icelandic prime minister who was on her way to a meeting in Stockholm with five Nordic prime ministers and India’s Prime Minister Narendra Modi.

In what is thought to be Iceland’s biggest theft, the 600 computers worth 200 million Icelandic krona (ISK) – about USD 2 million – were reportedly stolen in four separate burglaries. Stefansson, thought to have been the brains behind the heist,  was one of 11 people arrested. Police have arrested 22 people including a security guard.

Iceland has now become a centre for cryptocurrency mining due to the combination of plentiful renewable energy sources and a cold climate, suited for mining due to low electricity tariffs and low cooling costs. Lower costs generate higher profits for cryptocurrency miners, which have created a situation in Iceland where electricity consumption for mining has overtaken household use.

As yet, the computers haven’t been recovered and the owners have put out a USD 60,000 reward for their recovery. An international warrant has been issued for Stefansson’s arrest and Swedish police are now involved in the search. Several people, including the suspect’s wife, have been questioned by police but no arrests have been made, according to local media.

Iceland with its population of only 340,00 is reputed to have one of the world lowest crime rates.

 

The post “Big Bitcoin Heist” Escapes on Icelandic PM’s Plane appeared first on BitcoinNews.com.

Nobel Laureate Shiller Concedes Bitcoin May Be with Us for a While

Robert Shiller, the winner of the 2013 Nobel Prize in Economics, has recently softened his stance on Bitcoin. While still perceiving it as a bubble, he now believes it may ”be with us for a while”.

Shiller previously spoke out on his view that Bitcoin was representative of the cryptocurrency market as a whole, in that they were an economic bubble. He appears now to have a slightly more positive outlook on the future of Bitcoin, however.

Speaking with CNBC, Shiller said: ”I’m interested in Bitcoin as a sort of bubble. It doesn’t mean that it will disappear, that it’ll burst forever. It may be with us for a while”.

While he was keen to comment that he was not entirely dismissive of the idea of cryptocurrencies, he noted his belief that the popularity of the concept was more of a psychological trend than something that could be explained by a computer science department.

Influenced by politics

Shiller went on to discuss the political element of Bitcoin often neglected by economists, referring to a significant fraction of society that simply no longer trusted the government. For these people, part of the appeal of Bitcoin was that the government was not involved in its creation. Rather, it was developed by a qualified computer scientist.

As Shiller put it, ”It’s a great story for today’s markets”.

There are indeed a number of self-proclaimed libertarians that follow cryptocurrencies, as they believe it has the power to reduce unnecessary government intervention in peoples economic lives.

Yale University currently enrolls Shiller as professor of economics. He was one of the only major economists to correctly predict the housing crisis bubble in the US.

The value of Bitcoin is steadily recovering from its depreciation at the beginning of this year. The value of one Bitcoin at the time of writing stands around USD 8,150, after reaching just shy of USD 20,000 in December of last year.

 

The post Nobel Laureate Shiller Concedes Bitcoin May Be with Us for a While appeared first on BitcoinNews.com.

Bitcoin Price Analysis, 18th April 2018: Volatile BTC/USD Markets Back Above $8,100

Bitcoin markets are yet again going through a period of increased volatility. With a decent but not unheard of increase in trading volumes, a few bullish breakout patterns can now be observed. Notable events through the day’s trading session would be a couple of bearish breakouts and responding pullbacks, all contributing to the increase in volumes.

The day’s signals

  1. Volatility continues to rule for yet another day with large buy and sell orders seemingly being able to handle Bitcoin markets.
  2. A bullish market sentiment seems to be the winner through today’s trading session with BTC/USD prices now moving up after consolidations.
  3. Most of the day’s trading volume’s come from a few condensed trades. Support for the reached price levels remains questionable.

BITCOIN bitfinex-btcusd-Apr-18-2018-24-58-45

GDAX BTC/USD charts are indicative of the battleground Bitcoin markets were throughout the day. Traders went through a major bullish breakout, with prices being pushed from USD 8,100 levels down to a low of USD 7,800. After an extended consideration period, a bullish pullback got prices back above USD 8,100 levels. The market didn’t show resistance to the upward spike. However, that wasn’t until another selloff would occur. Prices briefly dipped below USD 8,000 again only to recover briefly after a couple of hours. Through the more recent hours, another spike caused prices to jump above USD 8,200 briefly.

BITCOIN okcoin-btcusd-weekly-futures-Apr-18-2018-24-58-48

OKEX BTC/USD weekly futures charts still showcase anguish from Bitcoin futures traders. The divide between futures prices and live market prices remains. Today’s volatility doesn’t seem to have improved the landscape for futures prices as the divide increased at times. Futures traders are of course pricing in the bullish pullbacks but appear to be all too skeptical. It appears as though volatility doesn’t impress futures markets anymore, even if it’s followed by a bullish sentiment.

All in all, many bullish signals made rounds through Bitcoin markets through the day. However, the outcome of such a trading session is quite uncertain without any support showcased. Today’s consideration periods were accompanied by low volumes, with only breakouts appearing to make decisive moves. All in all, it remains to be seen if the bullish market sentiment contrasting previous trading sessions will be sustained.

 

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