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  1. #31
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    At the moment, doss attack has been made against ecoin.eu website. So there can be possible some short-term connection problems for users with ecoin.eu.

  2. #32
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    Bitcoin: Fastest, Reliable and Efficient

    People nowadays want to have a quick and easy dealing with their everyday life basis. For an instance of this, a prompt of those along with a little bit of express of things; that eventually fulfills their adequate standard that brought them contentment and satisfaction on their daily lives.

    At this moment, Bitcoin offers the not just the fastest means of currency exchanges, method of payments and process of transfers but also reliable and efficient at the exact same time. Bitcoin fits the life of those who are living in the fast lane, the travelers and tourists, and the people who have their businesses, and even those hectic scheduled citizens who only have on click or tap away from their computers and laptops and smartphones, ipad or tablets. Therefore, it truly evolves together with the technology as it develops each and every single day on the market of crypto-currencies

    You can exchange currencies all over the globe; pay your utility bills (power and water), credit cards, insurance, cable channel provider, broadband, telecom and other desired payments and even tuition fees in some university that accepts Bitcoin as a scheme of payment; as well as transfer money all across nations; also load and refill your prepaid cards without going to the banks and any other establishments; along with paying commission for the exchange to do it so and furthermore. With just a click or a tap you can do all those things the easiest and the fastest way you could have ever imagined. In Bitcoin, you can also pay your payments or purchase something from the internet or even buy phone cards without cash on your pockets.

    Read the full article here: https://www.ecoin.eu/en/news/article/139

  3. #33
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    Gold Plunged and Bitcoin Arises

    Who would have forgotten the statements mentioned by the Winklevoss Twins?

    According to the Winklevoss Twins, as they have described the e-currency which is mainly the Bitcoin they have quoted it “as better than gold” as of for some reasons that it experiences ‘a lot less volatility’ and also is a better store of value at this moment. The twins allude to the Wall Street Journal on one of their stories published last May 2016; that describes how the virtual currency had been more stable than gold over the last several days.

    Bitcoin has become the “digital gold”, which can reflect as the new age of the currency whose value cannot be driven away by the inflationary guiding principles under the supervision of the government. In May 2016 which the two have shown contradictory trends that affect the global trading and industry. Bitcoin’s worth have arises as far as it can go and gold goes to be declared dilapidated.
    Gold has been viewed as safe and secure for an investment during periods of havoc and be apt to go during occasion of crises. As gold has acted as prevaricate against inflation and be inclined to the rise when governments follow an adequate expansions at the monetary policies.
    Escalating interest levy may result the fall of the gold prices, for the reason that the money flows on the gold market to the treasures market. That results on lowering the demand of the gold ingots. Since then, the gold’s prices have fallen below $1, 200 an ounce, that have lost more than $100 with a month as the projection of US interest rate climbs.

    ED and UBS Wealth Management, Wayne Gordon notifies Bloomberg on his interview:
    “The key risk for me now is not whether they will hike once, but actually whether they will hike twice. As a house, we believe they will hike twice in September and December.”

    China has an extremely strict capital controls which have lead to the weakening of Yuan. That resulted to the people to look for ways to transfer money out of China and Bitcoin was one of the biggest and trusted beneficiaries of this said incident that have cause of the Bitcoin price arise. Some Chinese investors have frequently shifted their money between asset variants as soon as possible which is aiming of a high return to them and Bitcoin seemed to be the flavor of the new era. The impending block reward halving (in July 2016) which will result in a lower supply of new bitcoins hitting the market has also contributed to the positive sentiment.

    Read the full artcile here: https://www.ecoin.eu/en/news/article/150

  4. #34
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    Bitcoin: According to the Gemini’s of the E-Currency Trading Industry

    Who are the Gemini’s? For those people who have not known who the Gemini twins are, here is some little sneak peak about them which make a clear out of your minds who really they are. They are the proprietors of Winklevoss Bitcoin Trust; brilliant minds behind the invention and rise of BitInstant; who launched the Winkdex in 2014 and Gemini in 2015.
    During one of the interviews of the Winklevoss’, the twins had mentioned a statement that appraises the popularity altitude of one of the e-currencies which lies upon the name of Bitcoin.

    According to the Winklevoss Twins, as they have described the e-currency which is mainly the Bitcoin they have quoted it “as better than gold” as of for some reasons that it experiences ‘a lot less volatility’ and also is a better store of value at this moment. The twins allude to the Wall Street Journal on one of their stories published last May 2016; that describes how the virtual currency had been more stable than gold over the last several days.

    As one of the twins which named Tyler Winklevoss mentioned:
    “So I think investors who have gold in their portfolio and other precious metals have started to look to Bitcoin as a better store of value. It’s got better characteristics than gold itself. So it’s actually better at being gold than gold. We are seeing investors recognize that and that’s what the idea would germinate into.”

    In additional to his first testimonial, the licenses are regulated and there is compliance with exchange high capitalization, which is needed to be ensured.

    The two co-founders of the Gemini Trust which have stated on one of their interview in the Bloomberg TV, that they see Bitcoin as digital gold or a better version of gold as a store assessment which reacts particularly in the circumstances in which where there is a crisis or when the people wants a safe haven for their assets.
    The other one of the twins named, Cameron Winklevoss avowed:
    “Historically, when there’s been a crisis, interest in Bitcoins and these types of assets increases naturally because of their fixed supply.”

    Read the full article here: https://www.ecoin.eu/en/news/article/151

  5. #35
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    Deposit fee at the moment is 2%(for all e-currencies)!
    More: https://www.ecoin.eu/en/info/fees?type=fiat

  6. #36
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    Pessimism Was Not Hindrance to Ascend from Its fall

    Numerous of times that Bitcoin was proclaimed, dead… Somewhere in June 2011, Forbes magazine declared Bitcoin “dead” with the same year Gizmodo Australia followed in August. “Expired” that is what Wired magazine write ups on one of their pages in December 2012. Ouishare Magazine affirmed, "game over, bitcoin" in May 2013, consecutively New York Magazine have stated Bitcoin was "on its path to grave" in June 2013. “Obituary” in January 2014 was published for Bitcoin by Reuters. In February 2014, Street Insider declared Bitcoin “dead” and so do the others like The Weekly Standard in March 2014, Salon in March 2014, Vice News in March 2014, and Financial Times in September 2014. Bitcoin was "headed to the ash heap" as USA Today stated and "the end of bitcoin experiment" was declared by The Telegraph in January 2015. Lastly in January 2016, the former Bitcoin developer Mike Hearn called Bitcoin “failed project”.
    On the obituaries paraphrase Mark Twain saying "reports of Bitcoin's death have been greatly exaggerated" Peter Greenhill, Director of E-Business Development for the Isle of Man, commented.
    Not just numerous of deaths that Bitcoin have to deal with even the underestimations and judgments from the different sectors. In year 2013 and 2014, the European Banking Authority and the Financial Industry Regulatory Authority (FINRA), a United States self-regulatory organization, warned that investing in Bitcoins carries significant risks. Bloomberg named Bitcoin one of its worst investments of the year in 2014. On the other hand, Paul Krugman and Brad DeLong have initiated a slip Bitcoin questioning why it should act as a reasonably stable store of value or whether there is a floor on its value; while Bitcoin was criticized as "the final refutation of the efficient-market hypothesis" by John Quiggin, an economist.
    Copious of negativity, underestimation and judgments that have been thrown over Bitcoin but it never stand as hindrance to ascend from its fall. Words, expressions and judgments that has been said, that they could never utter back. After all of it, Bitcoin strikes as hard as a thunder when it topped Bloomberg’s table of currencies in 2015. Even the PayPal President, David A. Marcus has stated on one of his interviews Bitcoin is a "great place to put assets". Moreover, Bill Gates, in relation to the cost of moving money from place to place in an interview for Bloomberg L.P. affirmed: "Bitcoin is exciting because it shows how cheap it can be." Forbes praised Bitcoin as “best investment of 2013 and for next years to come”.

    Read the full article here: https://www.ecoin.eu/en/news/article/154

  7. #37
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    The Best Time for Bitcoin: Suspended ForEx in United Kingdom

    A brisk downgrading and continuous falling off into the grid of the British currency has caused an outcome in the foreign exchange companies operating in United Kingdom which is likely reminiscent of Thomas Cook daunting margins and restrictions upon the sales of the foreign currencies. Despite of these fact, Bitcoin tender and offers a service an improved and an enhance means out for even an ordinary residents in the whole community.

    To an ordinary citizen, there is a small group of options that he / she may seek to do regarding of his / her currency which is in the matter of a hasty fall off. As off the British Pound has break its record upon slumping off the ground and soaking low on its trading history, and for the very first time the British community have nothing to do but only gazed on submissively genuine and well dominant possessions mislay it worth value. The costing price of imported goods such like petroleum oil and other merchandise touchstone into the international souk but unlikely gold have increased worth regarding in the GBP and terms. In remedy of the situation, just to keep away from sustain fatalities, there are options and choices like an investment of buying and purchasing gold in exchange of selling their British pounds, next is either exchange their currency into foreign currencies such Euro and the United States dollars.

    Read More: https://www.ecoin.eu/en/news/article/157

  8. #38
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    Take a Good Care of Your Wallet

    There are tons of hackers all around the world. And also they are the reason why some businesses were going down to the ground. For example was one of the dominant and most popular trading platforms, Mt. Gox. Since Mt. Gox was one of the most popular its downfall remarks as one of the most unforgettable in the trading market industry.
    “One of the largest bitcoin exchanges, Mt. Gox suspended withdrawals citing technical issues in early February 2014. At the end of the month Mt. Gox had filed for their bankruptcy protection in Japan with amid reports of 744, 000 bitcoins had been stolen. Mt, Gox had once been the dominant bitcoin exchange but its popularity had waned as users experienced difficulties withdrawing their funds.”
    Recently, a shocking announcement from the CoinWallet.co which is one of the trading platform today which stating the closure of its platform primarily because it has e experienced a breached of data last April 6, 2016.
    The company quoted: “This incident prompted us to reassess the viability of running coinwallet.co and it was decided it is just not viable taking into consideration the risk, costs and time involved.”
    And for the record, it was the same hacker who has hacked and sells the data of more than 164 LinkedIn million users, more over 360 million e-mails and passwords of MySpace users, which have set the largest leaks of passwords in the entire World Wide Web history. Some of the other data that has been hacked was offered for sale online.
    The next record of breaking in was the users of German service which may we have called the TeamViewer, their system allows the customers to log into their computers remotely. A report stated that someone had access a large amount of their valuable accounts such as e-mails, bank and even PayPal accounts.
    Even hundreds of Spotify account credentials were not excluded to the hacks which substantiate the emails, usernames, passwords, account types and other details of the accounts were even posted at Pastebin.
    This number of these incidents had alarmed the trading platforms in the world, which have aimed to tighten and heightened the security and had become a priority of safety. The two-factor authentication had been a great help. The method of strengthened a mechanism with another safety measures program which enables the watertight protection.
    Read the full article here: https://ecoin.eu/en/news/article/161

  9. #39
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    How do it really begun?

    The term “Bitcoin” which happened to be in the white paper, that defined Bitcoin published in 2008. Composite of the words bit and coin. The white paper often uses the shorter coin. Technically, there is no standardized of convention for bitcoin capitalization. Some sources may have used “Bitcoin”, capitalized, which is referring to the technology and network and “bitcoin” lowercase, which refers to the unit of account. Somehow, The Wall Street Journal, The Chronicle of Higher Education and the Oxford Dictionary, advocate the lowercase of bitcoin in all particular uses.

    Satoshi Nakamoto was the name who has invented Bitcoin as digital asset and payment system and the one who have published the invention in October 31, 2008; in the research paper called “Bitcoin: A Peer-to-Peer Electronic Cash System”. And also the one who has released Bitcoin as open-source software on January 2009. The transaction takes place between users directly without an intermediary and the system is commonly peer-to-peer as it was being described. All the transactions are verified and recorded in a public distributed ledger that has being called the “blockchain” which have been using bitcoin as its unit of account. The system works without a central repository or even a single administrator, which is the main reason why the U.S. Treasury classified it as decentralized virtual currency. Bitcoin was frequently called as the “first cryptocurrency”. Even though the aforementioned systems do even exists and more appropriately depict as the “first decentralized digital currency”. Therefore, bitcoin was the largest of it variety in expressions of the total souk worth.

    The reason why bitcoins are created because it serves as a reward for payment processing work in which the users offers their computing ability to validate and record the payments into a public ledger. The activity was called “mining” and the “miners” are rewarded with transaction fees and newly created bitcoins. By being acquired by mining, bitcoins are able to be exchange for other currencies, products and services. Upon sending bitcoins, the users can pay an optional transaction fee to the miners.

    A programmer named Hal Finney was one of the first supporters, adopters, contributors to bitcoin and also the receiver of the very first bitcoin transaction. Finney has downloaded the bitcoin software the day it was been released and have receive 10 bitcoins from Nakamoto was the world’s first bitcoin transaction.
    Wei Dai which is the creator of bitcoin predecessor b-money and Nick Szabo, the creator of bitcoin predecessor bit gold were the other early supporters of bitcoin.

    An exploit in an early bitcoin client was found that allowed the numbers of bitcoins to be created in 2010 and the artificially created bitcoins were being removed and the other chain took over the bad chain. And in 2011, the other cryptocurrencies started to emerge based on the bitcoin’s open source code.

    Read the full article here: https://ecoin.eu/en/news/article/163

  10. #40
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    Bitcoin Prices (Weekdays Edition) July 4 to 8, 2016
    “Play Safe and Calm”

    It’s a great day Monday, July 4, 2016 and it’s the United States of America’s Independence Day… Will 4th of July will be special day for the Bitcoin prices? Let’s find out what will be the journey of the weekdays edition of Bitcoin prices. To begin the day with the daily range looks promising in $650.089 to $695.194 with the daily change of $45.105 and a 24 hour turnover with $498631.774.

    The next rolling of the Bitcoin price the daily range had dropped into $650.089 to $683.143 with the daily change that dipped into $33.054 which is causing the 24 hour turnover to $517202.561 rise in its own little way. After that, another falling went over again which sets the daily range with $650.089 to $679.874 and diminishes the daily change in the phase of $29.785 and so did the 24 hour turnover at $507539.273. Constantly the changing in the digits appears, as the daily range decreases again and lays at $650.089 to $681.760 although the daily range fallback the daily change step forward and stands for $31.671 and so did the 24 hour turnover as it took over and accelerates at $514917.808.

    The evolution of prices continuous as the daily range increased in the numbers of $658.813 to $681.760 causing the daily change to have level down a bit in $22.947 but being the reason why the 24 hour turnover escalates at $517625.692. Then the rising were incessant leaving the daily range at $660.760 to $681.760 and setting the daily change to slump in $20.946 in which elevating the 24 hour turnover within $535431.719. Another day has gone by already, it is not that smooth at first but it did have a safe journey back and port.

    The following day was Tuesday, July 5, 2016. And it is indeed pleasant as the morning breeze by the ocean as the sun shines the daily range find it spots at $668.046 to $684.308 with the daily change of $16.262 and a 24 hour turnover of $792966.151. For moments and period of times the daily range and the daily change held their heads up high as they were unbeatable, however, the 24 hour turnover bounces from here and there with $793875.091; $791720.313; $800963.046; $800408.176; $801398.147 and $804109.550.

    The next escapade of the bitcoin prices gone for a while as it descends at $662.888 to $684.308 after a strong hold over there at the top. Then the daily change kicked in at $21.420 and also the 24 hour turnover with $795320.553. Afterwards the era of holding prevails again, in which the daily range and the daily change have rested the night away on the above mentioned numerical while the 24 hour turnover sways and dances the whole time at $792584.713; $792778.335; $790289.175; $781567.247 and lastly, $785628.008. Truly, the bitcoin prices were being held up for good and pretty much secure on its places.

    It’s a Muslim holiday, as all across nations celebrates Eid Al-Fitr which is the end of the Ramadan (a month of fasting during daylight hours and solemnly gathering together the faith for Allah), July 6, 2016. The daily range lay down at $662.888 to the $680.976 with the daily change of $18.079 and a 24 hour turnover of $798905.767. The fact that it’s a non-working holiday almost at all places, the being of “safe and sound” period occurs as the daily range and also the daily change were stagnant and only the 24 hour turnover moves right there and scattered everywhere in the digits of the $801196.241; $801985.616; $797163.123; $799843.012 and also $798514.349.

    Perhaps it only moves backwards when the changing takes place and position the daily range into $667.304 to $682.683 with the daily change that back down at $15.379 which has caused the 24 hour turnover to higher up a bit in the $791636.613. The Bitcoin prices today continue to play it safe again as it protects it core.

    Everyone says when it’s Thursday that it is a throwback Thursday! Way on my throwback, last week’s Thursday the Bitcoin prices were sharply heading and moving forward and upward, will it be the same for this week? Let us check this out. Today’s daily range placed at $639.015 to $682.683 with its daily change of $43.668 and a 24 hour turnover of $747123.819. There are times that the daily range and the daily change wanted to stay still and be unbreakable as the 24 hour turnover keeps moving around and around at $752066.350; $746935.420; $747556.257 and $743659.231.

    The next movement of the daily range it collapsed at $638.569 to $682.683 basis for the daily change to tower in $44.114 which leads the 24 hour turnover to break down in $742864.085. After one dropping of prices, it had been followed again by another plunge as it sets the daily range into $632.532 to the $682.683 in which roots the daily change to spiked in $50.515 and reduces the 24 hour turnover with $741571.346. At this moment, the daily range dwindled at $618.208 to $682.683 therefore the daily change topped in at $64.475 and the 24 hour turnover shrinks at $733279.790. In summation of the movements of bitcoin prices today, I may call it the “drop day”.

    It's Friday yey! People used to utter “Thank God, It’s Friday!” and it is July 8, 2016. The daily range was at $616.364 to $675.532 with the daily change of $59.168 and a 24 hour turnover of $602071.278. The motion keeps on giving and hitting it hard as the daily range fell off at $616.364 to $648.778 that lessen the daily change into $32.414 and climbed up the 24 hour turnover at $651750.975. For a couple of hours the daily range and daily change were the same although the 24 hour turnover switches from $657341.981 and $656262.048.

    There is a saying if you were down there is the only way but to go up! The daily range amplifies at $616.364 to $655.066 and the daily change does really elevate at $38.702 and also the 24 hour turnover boost up in $667474.903. Then followed by sweet arise in the daily range again at $616.364 to $656.501 so did the daily change have blazed in $40.137 and crazed the 24 hour turnover with $668973.636. Truly there is a rainbow after the rain when the daily range and the daily change settle and takes it rest but the 24 hour turnover shove its madness, as it plays onto the numbers and digits and numerical of $670611.182; $673629.254; $686579.920; $690202.003; $694331.146 and lastly at the $700567.878.
    And this is how the journey of the Bitcoin prices has unfolded. There are ups and downs but the prices calmly embraced the change.

    Read more: https://ecoin.eu/en/news/article/164

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