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Latest Bitcoin News / CFTC-registered crypto exchanges?
« Last post by administrator on September 24, 2020, 07:27:42 PM »
CFTC-registered crypto exchanges? A new bill proposes a voluntary path for that

New legislation has been proposed that, if passed, would create an opt-in pathway to regulate U.S. cryptocurrency exchanges under a new, national-level framework.

The Digital Commodity Exchange Act (DCEA) endeavors to “regulate the trading venues which list emerging digital commodities, such as Bitcoin, Ether, their forks, and other similar digital assets, for trading.” The wide-ranging legislation — introduced by Representative Michael Conaway — is the first of its kind to emerge from Congress, which to date has largely focused on adding definitions for digital assets to the federal code.

At the center of the bill is a proposed designation for crypto exchanges: a registered Digital Commodity Exchange, or DCE. Under the auspices of the Commodity Futures Trading Commission (CFTC), such a designation would exist alongside classifications for Swap Execution Facilities and Designation Contract Markets. What’s more, the designation would offer an alternative to the state-by-state, money transmitter-centric approach that prevails today. The CFTC has considered cryptocurrencies like bitcoin to be commodities since 2015.

The bill outlines how such exchanges would be required to have safeguard measures in place, shielding customers from potential harm and manipulation on their trading venues. It also includes language about information reporting requirements for DCEs and procedures for a potential wind-down, including how much financial resources a DCE must have on hand at a given time.

On the question of asset custody, the bill also provides for certain firms to be designated “Qualified Digital Commodity Custodians,” for which the CFTC would “set minimum standards for supervision and regulation a regulator would have to impose for an entity regulated under the regime to be deemed ‘qualified.”

In sum, Conaway’s bill attempts to cast a wide net and, if successful, would represent a novel framework and provide the kind of regulatory clarity that many U.S. crypto businesses have long sought.
Latest Bitcoin News / "Former Portuguese currency" and "bitcoin" symbols
« Last post by administrator on September 24, 2020, 07:27:39 PM »
In the last century the Portuguese currency was called "escudo" and its symbol resembled the dollar sign but instead of having only one vertical line across the "S" it had two vertical lines across the "S". Like the bitcoin currency symbol.
The currency was called "escudo" that in Portuguese means protection and its symbol was called "cifrão" (cypher).

I find this curious.
Latest Bitcoin News / Bitcoin ATMs and the Companies backing it.
« Last post by administrator on September 24, 2020, 08:53:28 AM »
The number of bitcoin ATMs installed worldwide have crossed the 10000 count. This is a big step forward in the growth of the cryptocurrency market.

Countries having Bitcoin ATM - 71
Mall Kiosks & Convenience Stores selling Bitcoin - 211270

Countries with large number of Bitcoin ATM

USA - 8004 Locations
Canada - 879 Locations
UK - 281 Locations
Austria - 152 Locations
Spain - 105 Locations
Switzerland - 81 Locations

Leading Bitcoin ATM manufacturers

Genesis coin - 3574 machines
General bytes - 2964 machines
Bitaccess - 1040 machines
Coinsource - 632 machines
Lamassu - 518 machines

As of now the bitcoin ATMs are located majorly on very few countries. Based on the level of cryptocurrency acceptance and legal support from the government can expect distribution of more number of bitcoin ATM all around.

As for concerned the usage isn't big as the Bank ATMs, but people have been looking for it for several reasons. At present the manufacturers of these ATMs too function on selected region. When the blockchain technology and the need for the bitcoin in the global market we can experience the global expansion from these companies.

Source :
Latest Bitcoin News / Anyone know a dice game that is actually fair?
« Last post by administrator on September 24, 2020, 07:37:40 AM »
All of these supposedly statistically fair games seem to rape you when you cash anything out or just when you decide to bet bigger than some micro level.

Curious if anyone has ever beat one without getting crushed the second they take some off the table?
Latest Bitcoin News / Bitcoin 0.2 được phát hành!
« Last post by administrator on September 24, 2020, 04:37:09 AM »
Các tính năng mới

Martti Malmi
 - Tùy chọn thu nhỏ vào khay hệ thống
 - Tự động khởi động trên tùy chọn khởi động để bạn có thể tự động chạy trong nền
 - Bố cục hộp thoại tùy chọn mới để mở rộng trong tương lai
 - Chương trình thiết lập cho Windows
 - Phiên bản Linux (thử nghiệm trên Ubuntu)
Satoshi Nakamoto
 - Hỗ trợ đa bộ xử lý để tạo tiền
 - Hỗ trợ proxy để sử dụng với ĐKTC
 - Đã sửa một số lỗi chậm trong quá trình tải xuống khối ban đầu.

Nhờ có Martti Malmi (sirius-m) vì tất cả công việc viết mã của anh ấy cũng như lưu trữ trang web mới và diễn đàn này, và New Liberty Standard đã giúp anh ấy thử nghiệm phiên bản Linux.

Latest Bitcoin News / Finally, a Bitcoin ETF.... but in Bermuda
« Last post by administrator on September 24, 2020, 04:37:05 AM »
Bermuda Stock Exchange (BSE) announced that it has approved Friday that it has approved the Hashdex Nasdaq Crypto Index ETF on its trading platform. This ETF is a joint venture with Hashdex, a Brazil-based fund manager, and American stock exchange Nasdaq.

BSX News

Admission to Listing Announcement: Hashdex Nasdaq Crypto Index ETF Class E Shares

HAMILTON, BERMUDA:  September 18, 2020- The Bermuda Stock Exchange announces the admission of the following securities to its Official List.

 ·         Name of Issuer: - Hashdex Nasdaq Crypto Index ETF
·         Description of Securities: - Participating Class E Shares
·         Nominal Amount of Securities: - 3,000,000 shares.
·         Listing Classification: - Section IV –Collective Investment Vehicles.
·         Method of Listing: - Private Placement.
·         Date of Admission to Listing: - September 18, 2020.
·         Listing Sponsor: - Clarien BSX Services Limited, Bermuda.

Oh well, at least we have official heard that a Bitcoin ETF has finally landed and perhaps this could gauge how it could really affect the market in the long run. Everybody is hoping for US to get approval first, but still this is still positive news for crypto enthusiast.

Here is speculation thread though: Bitcoin ETF by 2nd quarter of 2021? by @bbc.reporter
Latest Bitcoin News / Brand new to bitcoin and need some help
« Last post by administrator on September 23, 2020, 09:59:20 PM »
I just started with Bitcoin and it's a bit confusing. Naturally, after creating a wallet, I want to buy bitcoins and load the wallet. The first thing I'm asked for is my wallet address. How do I find that, please? I don't see it immediately when I open the wallet or any of the tabs.

Latest Bitcoin News / private key doesn't work
« Last post by administrator on September 23, 2020, 09:59:16 PM »
Has anyone ever had an issue with a private key not working.

I've personally never had that happen, but I am curious if anyone had a paper wallet private key not work not from physical damage or negligence but from it simply not working.
I was never a fan of gold anyway 

Crypto Is Beating Gold as 2020’s Top Asset So Far
(Bloomberg) -- A cryptocurrency mania known as decentralized finance has helped to turn digital currencies into this year’s best-performing asset by far.

The Bloomberg Galaxy Crypto Index of digital coins is up about 66% in 2020, exceeding gold’s jump of more than 20% as well as returns from global stocks, bonds and commodities. A key reason for the move higher is a surge in Ethereum, which accounts for more than a third of the crypto gauge’s weight.
Aside from DeFi, proponents of digital currencies such as Bitcoin argue they offer a store of value amid concern that huge stimulus injections to counter the pandemic will stoke inflation and weaken the dollar.

Latest Bitcoin News / Less Volatile Coins
« Last post by administrator on September 23, 2020, 02:53:46 PM »
I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
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