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71
Latest Bitcoin News / Australia post office now accepts Bitcoin
« Last post by administrator on June 30, 2020, 12:43:16 PM »
It looks like the massive adoption of Bitcoin has begun in Australia. The Aussie citizens can now deposit BTC at the post office due to the collaboration of Bitcoin.com.au and 3,500+ post offices in Australia.

 

Source: https://cointelegraph.com/news/australians-can-now-pay-for-bitcoin-at-the-post-office
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We are living in very interesting times, 2020 has been quite exceptional so far. The global pandemic has seen huge shifts economically in many countries.

Yet still the modern era which has seen huge leaps in technology, from flatter televisions to the ability to create new and exciting cashless systems in the Cryptocurrency sector - business and science still has a problem solving economic downturn during and after a crisis.

Cash just does not flow the same in a climate such as we see in 2020, where many people are just not able to switch hands with cash physically due to lockdown rules.

Stores are still closed in high numbers in cities and towns globally, jobs have been list and industry is in turmoil. Politics does not seem to have answers to the problems of 2020 in which people are limited in physical contact due to health measures, and the ability to drive the economy upwards - the travel industry being effected more than most.

Whole economies rely on tourism... But is there really any need in modern world for Travel Agent Stores?

One answer to the problem of cash flowing through the travel industry could be via Cryptocurrency such as Bitcoin.

Imagine a world in which you did not have to use your credit card or cold hard cash to book a flight or a taxi? Where one simple transaction, secure and quick books your entire vacation through one easy network...

There Bitcoin could make booking and travel interesting - Bitcoin could bring endless possibilities from bookings to food in simple micro crypto transactions or large amounts, with greater speed than regular cash, much more securely. However one such snag could be the 'invisibility' of a customer during transactions. This would have to be overcome, in order to progress Cryptocurrency and travel.

In my opinion, the more industry does not need human workers and moves towards Artificial Intelligence, also automation and robots Cryptocurrency will find its way one way or another. It is the future of a modern world. In any case... Who likes jogging to catch a taxi at the airport and losing your change all over the ground? I don't...
73
Latest Bitcoin News / bitcoin.org , in danger of being compromised??
« Last post by administrator on June 30, 2020, 09:58:13 AM »

https://decrypt.co/33703/bitcoin-orgs-secret-owner-kicks-out-the-sites-maintainer
Quote


Bitcoin.org’s secret owner kicks out the site’s maintainer
The pseudonymous owner of Bitcoin’s oldest website—created by Satoshi Nakamoto himself—has fired its maintainer after a verbal dispute.
By Liam Frost



Jun 26, 2020


Cobra, the pseudonymous owner of the Bitcoin.org domain, has cut ties with its maintainer Will Binns over a disagreement.

Cobra said that Binns was trying to claim partial ownership of the site—that was originally set up by Bitcoin inventor Satoshi Nakamoto—when he was just a contractor. Binns maintained that Cobra unfairly dismissed him, and is now looking for funding for legal action.

“I have removed Will Binns as the site's maintainer, during a conversation on Twitter he had claimed that his work contributing to bitcoin.org conferred on him more authority than what I had agreed with him,” Cobra stated.

Apparently the guy was contacted by Mozilla and they did struck a deal of 75,000$ worth of investment in their stake in his company , but Apparently they were already warned beforehand by cobra that , this does not mean that they will somehow own the website.

Quote
“It needs to be clear that they [Mozilla] are supporting you personally, and your own personal work (a grant is preferred here), but if they want some ownership over your company, they have to know that this company doesn’t have any ownership over Bitcoin.org,” Cobra told Binns.

Apparently Mr. Binns words are:

Quote
After Binns was fired, he took to file sharing platform GitHub to complain.

“Bitcoin.org [...] is now in danger of becoming compromised, if it hasn't just happened. @Cobra has removed my access and seized control of the site and accompanying code repositories. I do not believe Cobra is the sole and lawful owner, nor does he have any right to do these things without just cause,” Binns wrote on June 24.  

Not only that now Binns wants to set up a fund legally so that the sites ownership will be with a trusted third party because he believes that Cobra wants to give the ownership of the site to someone else without legal process and such .

Quote
Gregory Maxwell, a former Bitcoin Core developer and the former chief technology officer of Blockstream, corroborated Cobra’s statements.

“Your position appears to be a misplaced and inappropriate response to Cobra suggesting that he was considering not handing you unilateral control of Bitcoin.org. I hope you reconsider your approach,” wrote Maxwell.  

I do think the guy is not taking into account how since years the site has been managed by Cobra , we never did have any problems regarding the same , it might be a simple case of de-faming the man but I do believe as long as the site is owned by someone good who does know the essence of cryptocurrencies as a whole , we are good to go .

This site is in no way owned by anyone , it's owned by every single person out there which helped create it , centralization is never the option when we are talking about Bitcoin.org specially , we have already seen other sites being taken down .

Is someone behind all this ?

But then again what Binn is asking is not wrong  He might be saying statements way over the top and accepting payment for the stakes might have alerted Cobra , because we all know how companies like these works , if Mozilla tries to own this , they will make sure at least there part is centralized.

It's not about money !

________________________________________________________________

What is your take on this ?

 
74
Latest Bitcoin News / Bitcoin performance in first half of 2020
« Last post by administrator on June 30, 2020, 09:58:09 AM »
The first of 2020 has been roller-coaster ride for Bitcoin and the overall cryptocurrency market. The outbreak of the Coronavirus pandemic world-wide has the dynamics of global economics as well as for the crypto markets.

Besides, we also have some important events from the crypto space like the Bitcoin halving in May 2020 and the accelerated development of ETH 2.0. Let’s take a look into the performance of Bitcoin and other top-five altcoins in the crypto market.

Bitcoin Performance in First-Half of 2020

2020 started on a pretty good note for the Bitcoin investors as the BTC price appreciated over 40% just in the first 45 days of the year. Bitcoin went all the way from $7000 to over $10,000 by mid-February.

However, Bitcoin couldn’t cross its major resistance at $10,500 levels and soon after the outbreak of COVID-19, BTC price plunged more than 50% from its 2020-high to go below $5000 levels just in a month’s time by mid-March 2020.

If we look at the BTC year-to-date chart, BTC’s performance has been very similar to the traditional stock markets. BTC’s price collapse is in tune with the global market collapse in March 2020. Thus, Bitcoin failed to live to its image of being the ‘Digital Gold’ and a safe haven for traditional market investors.

On the other hand, the price of physical Gold continued to rise with the global markets plunging. Soon after this price crash, Bitcoin investors yet again started accumulating the world’s largest cryptocurrency.

But investors’ hopes remain up and alive for the Bitcoin halving event in May 2020. Investors once again started accumulating BTC and BTC price started. Just before the scheduled Bitcoin halving data of May 11, BTC price touched $10,000 surging 100% from its 2020-low.

Pots the Bitcoin halving, Bitcoin price has remained volatile moving back-and-forth in the range of $8800 (support) and $10,500 (resistance).

If we compare the year-to-date graphs for Bitcoin and the overall cryptocurrency market, they are largely identical showing that BTC still decides the over crypto market momentum single-handedly.

Currently, BTC is trading at 30% year-to-date premium around $9200 levels.

A Look At the Altcoin Performance

The world’s second largest cryptocurrency and the most popular altcoin - Ethereum - has remained on investors’ radar for 2020. The Ethereum community has been eagerly waiting for the launch of Ethereum 2.0.

As Ethereum prepares to move from the PoW to the more efficient PoS consensus model, investors are accumulating ETH to participate in the staking process in Ethereum 2.0. In ETH 2.0 investors need to have a minimum of 32 ETH to participate in staking.

Of lately, developments with respect to ETH 2.0 have been in an accelerated mode. Last week, blockchain engineering firm ConsenSys announced its Codefi staking platform to offer institutional-grade, exchanges, and wallets, its ETH 2.0 staking as a service.

Ethereum has been one of the best performing altcoin trading at 80% premium year-to-date. At press time, Ethereum is trading at $228 with a market cap of $25 billion.

Stablecoin Tether (USDT) has managed to climb up the ranks and is currently the third-largest cryptocurrency by market cap. Thanks to the poor performance of other altcoins like XRP, Bitcoin Cash (BCH), and Litecoin (LTC).

One altcoin which has turned very popular and given massive returns is Chainlink (LINK). The price of LINK cryptocurrency has surged over 3000% year-to-date. Chainlink is an oracle service provider which helps to transfer off chain data to other blockchain networks. Recently, Chainlink partnered with China’s Blockchain Services Network (BSN) to transfer real-word data using the interchain service hub IRITA. 

Source: https://www.worldcoinindex.com/news/a-look-at-the-performance-of-the-top-cryptocurrencies-in-the-first-half-of-2020


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76
Latest Bitcoin News / FREE 17$ IN BITCOINS - INSTANTLY WITHDRAWAL
« Last post by administrator on June 30, 2020, 03:38:02 AM »

Hey

This website: https://divicoins.com/ provides a free bonus of $ 16 0.0017 BTC

How can I get this bonus?

- After registering, go to this page: https://divicoins.com/profile#promocode_page and enter this code: 4ZCUrZdDG , after entering this code, 0.0017 BTC will be credited to your balance.

Before withdrawing, you need to play at least one roulette game, using the bonus money that you received after entering the code.

The withdrawal takes place automatically. The withdrawal process takes no more than a few minutes.

What is the reason for the site to give me a free bonus? This is a lie? - not. This website is absolutely unique and has no analogues. Players playing against other players, not versus website, and the website will to receives a commission of 10% for each game and each withdrawal, 5% of this commission is invested by the website to invite new players.

77
Latest Bitcoin News / Just fell for a phishing scam! Please Help!
« Last post by administrator on June 30, 2020, 01:33:34 AM »
 I received an email from what I thought was my wallet provider and gave my seed words, name of wallet, and password. Now all my bitcoin is gone! I have to pay 40k for school next year but I am broke!
I feel very bad for asking, but can anyone contribute to my school year fund. Maybe a few dollars. I can try to make the rest. If you cant or just don't want to. Please share.
Thank you.                   
                              bc1qpa5ulujut3zhv37alrl4864ryntnzathvhm4fy
If you are skeptical as any sane person would be. You can email me or we can talk on Skype.
78
Latest Bitcoin News / Nigerian SEC warns about iBSmartify investment
« Last post by administrator on June 30, 2020, 12:24:36 AM »
Re: Activities Of An Illegal Operator IBSmartify Nigeria

Quote
The attention of the Commission has been drawn to the activities of iBSmartify Nigeria the promoters of a Blockchain known as iBledger (iBcashcryptocurrency) and InksNation.

The general public is hereby advised that neither the promoters of iBSmartify Nigeria nor the illegal products they offer are registered or regulated by the Commission.

In view of the above, the general public is hereby WARNED that any person dealing with the said entity and others in the same business in any manner whatsoever, does so at his/her own risk.

https://sec.gov.ng/re-activities-of-an-illegal-operator-ibsmartify-nigeria/

For our Nigerian crypto enthusiast out there, just be careful of this iBSmartify, they are not registered to Nigerian SEC so chances are, the people behind can pull a exit scam and then BOOM, all your money gone.

79
Latest Bitcoin News / Created an app to promote ₿itcoin
« Last post by administrator on June 29, 2020, 11:16:20 PM »
Hello guys! I know I've been inactive over here for a while. Well, I've been cooking something. Promoting Bitcoin has always been the primary goal. There may be secondary goals but that doesn't change what the main focus is. I wrote some codes to create an app which informs and educate people in regards to Bitcoin. In addition to that, I decided to add some info relating to bounty hunting (to make it more interesting for users). However, this doesn't change the main aim of the app (to promote Bitcoin and give a clear explanation of what it is). Most people have always seen Bitcoin as a source of making money but that isn't true. In this app, I also explained that concept of Bitcoin not being a money making scheme but a currency (means of payment) for goods and services. This app is still under development and hasn't been uploaded to play store hence, you'd be warned by play protect. But before I upload it to Google Play Store, is there something you think that needs to be added or removed? Every opinion is helpful!
Link to app: https://drive.google.com/file/d/1IbNFRYFnEG4n58bEDTtqVzyR2OK-3sHT/view?usp=drivesdk



NOTE: This app is still under development.
80
Latest Bitcoin News / MOVED: BitKKTex - Anyone heard of this new exchange?
« Last post by administrator on June 29, 2020, 07:07:30 PM »
This topic has been moved to [Altcoin Discussion] because its topic about new currencies.
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