Why Bitcoin cannot be threatened by Quantum Computing attacks
Home » Quantum Computers Do Not Threaten Bitcoin (And Maybe Never Will) Quantum computers have long been dubbed as the Achilles? heel of Bitcoin and the whole cryptocurrency industry. As the name itself suggests, the whole industry revolves around cryptography. This is how a decentralized system can actually be built ? using cryptographic methods to shield users from attacks, misappropriation and counterfeit. Bitcoin and all of the other cryptocurrencies represent a piece of software that has certain rules to enable a specific kind of trustless system for its users. If these rules are in any way broken, then the software becomes unreliable and unusable. As such, any value the software might provide to its users immediately vanishes. This posting was retrieved by us on January 15, 2019 1:08 PM. Check out beincrypto.com for more from this source.
Why Bitcoin cannot be treated by Quantum Computing attacks
Home » Quantum Computers Do Not Threaten Bitcoin (And Maybe Never Will) Quantum computers have long been dubbed as the Achilles? heel of Bitcoin and the whole cryptocurrency industry. As the name itself suggests, the whole industry revolves around cryptography. This is how a decentralized system can actually be built ? using cryptographic methods to shield users from attacks, misappropriation and counterfeit. Bitcoin and all of the other cryptocurrencies represent a piece of software that has certain rules to enable a specific kind of trustless system for its users. If these rules are in any way broken, then the software becomes unreliable and unusable. As such, any value the software might provide to its users immediately vanishes. This data was obtained by us on January 15, 2019 1:07 PM. Browse beincrypto.com to find more similar content.
Cryptopia Exchange Hacked: 'Significant' Losses Reported - Bitcoinist.com
Reading: Cryptopia Exchange Hacked: ?Significant? Losses Reported Georgi Georgiev | Jan 15, 2019 | 04:00 Georgi Georgiev | Jan 15, 2019 | 04:00 Cryptocurrency exchange Cryptopia has been hacked. The team confirmed the security breach, outlining that the losses are ?significant.? New Zealand-based cryptocurrency exchange Cryptopia has suffered a security breach and is going through unscheduled maintenance. The announcement was just posted on the exchange?s official twitter page, outlining that the losses have been significant. We apologise for the delay in keeping you updated and appreciate your patience. This entry was obtained by us on January 15, 2019 12:28 PM. Browse bitcoinist.com for more from this source.
Bitcoin as Money
Everyone uses money in order to obtain services and goods they need. Throughout history, a broad spectrum of objects (such as precious metals, livestock, seeds, etc.) have been used as money. In the relatively recent past, however, paper money emerged as the most prevalent and preferred form of money. With the rise of the internet and advancements made in cryptography, we may be witnessing a crucial period in time when Bitcoin and various other digital currencies will start presenting a challenge to paper money dominance. Every form of money has to tick three important boxes before it can be widely used in a society. It has to function as a store of value, since it has to retain value long enough to be practical for its users. If you earn 50 dollars today, you have a certain expectation that in a week, or even in a year, its purchasing power remains more or less the same. However, sooner or later, inflation erodes the value of a single unit of money, thus making fiat money a bad option for long-term saving. This posting was obtained by us on January 15, 2019 12:25 PM. Browse coincodex.com for additional posts.
Bitcoin (BTC) Price Analysis January 15. Bearish Sentiments Dominate
BTC/USD 1D Chart / Bitfinex / Bitcoin Price Analysis Following the correction move, it seems ended. The strong $4200 lies the battle. Once broken, a bullish trend is signaled. Watch out! Resistance levels: $4300, $5600, $6500 Support levels: $3200, $2800, $2500, From the structural appearance: Bitcoin is yet to signal the much-anticipated bull-run. At the 2018 low ($3100), the green bars shoots to $4200. Since then, the price has been flagging to the trend line; the daily MACD just swing low to the negative. Yesterday, the price shoots to $3800 after sitting at $3500 on the trend line. This could be a bullish signal. But until $4200 strong resistance is broken before another uptrend could be confirmed which might last to $5600 resistance. As of now, the bearish scenario is still dominant. This item was discovered by us on January 15, 2019 12:19 PM. See www.cryptovibes.com for more from this source.
'Bitcoin Baby' Needs Money for College
In a recent issue of the UK newspaper The Times, in the "Births, Marriages and Death" section, there was an announcement from a couple who had given birth to a baby girl (Izabella). There was one thing, though, that distinguished this announcement from the other thousand or so birth announcements in The Times every year: the couple was asking for Bitcoin (BTC) donations for the baby's "college fund." Here is a photo of this announcement from a Bitcoin.com news report: As you can see, it seems that the parents, Wioletta and Peter, decided that, given the high cost of a college education (around $50,000 for a three-year Bachelor's degree in the UK) and the current relatively low price of Bitcoin, this might be a perfect time to start asking people for donations in Bitcoin for the college fund of baby Izabella (who was born on January 6th, just three days Bitcoin's 10th birthday). This share was first found by us on January 15, 2019 12:17 PM. Have a look at www.cryptoglobe.com for more.
How Is Bitcoin Driving The Russian National and Foreign Economic Policy | BTC Wires
Catch up with all the buzz in the world of crypto with BTC Wires. Here, we bring all the breaking stories, feature announcements, public statements and multinational plans of well-known industry investors. Explore more about how and where Blockchain Technology is making headlines! Away from the cryptocurrency, BTC Wires has got something for you out of this world of fascinating fancies and ideas. Let your queries be sorted out by some brilliant minds of Blockchain Ecosystem! BTC Wires has this syndicated interview column that has up-close and personal interviews of some of the game changers in the world of cryptocurrency. Know what they have in their sack for you. This post was obtained by us on January 15, 2019 12:08 PM. Visit www.btcwires.com for more similar content.
Twitch Streamer Receives a Donation of 20 Bitcoins while Playing Runescape
Home » News » Twitch Streamer Receives a Donation of 20 Bitcoins while Playing Runescape An anonymous donor surprised popular Twitch streamer Sick Nerd with a donation of 20 bitcoins. He was streaming Old School RuneScape at the time to his 109,000 followers. Initially, Sick Nerd received a donation of 4 BTC. He received more BTC throughout his stream. While the gamer at first thought that someone was messing with him, he received more throughout the session. He received a total of 20.49 BTC (approx. $73,000 at the time) by the end of the day. Sick Nerd was surprised, as it was the largest donation he had ever received. He took to Twitter to thank the mysterious benefactor. He added that he would be responsible with the money. This entry was first seen by us on January 15, 2019 11:58 AM. Browse www.ccn.com to find more similar content.
Market Weekly: Ethereum & Bitcoin Price Action Update [Jan 2019]
Disclaimer: This ideas presented in this article should not be taken for investment advice, and are simply the views and opinions of the author This report will be the first of the weekly collaborations between Eric Crown & MangoResearch. Eric is, by far, one of the few technical traders in the space that really knows what he?s doing. He has over 10 years of experience trading traditional markets and market-making for equities. What we like about Eric the most is that he doesn?t simply trade technicals ? he trades the crowd psychology & behaviour derived from the technicals. We?re excited about this collaboration and will hope you enjoy & learn as much as I have from Eric. This publication was retrieved by us on January 15, 2019 11:30 AM. You may want to visit www.mangoresearch.co for additional posts.
[Analysis] Over the last 30 days 30.7 % of the combined estimated transferred value of Bitcoin and USDT may be attributed to Tether
In 2015 Tether created TetherUS tokens to represent US Dollar as digital token. It has become the dominant ?stable coin? in the cryptocurrency space and it?s one of the most active tokens using our platform. The TetherUS tokens were one of the first 50 created digital tokens on the Omni Layer. It was created as token with manageable supply. With this token type, an issuer can increase or decrease the number of outstanding units. Whenever there is more demand for TetherUS tokens, the issuer can grant new tokens and when tokens are converted back into USD, tokens can be revoked and destroyed. This has happened on regular basis, as indicated by TetherUS? ever changing market capitalization. This share was first seen by us on January 15, 2019 11:14 AM. Visit medium.com for more from this source.
Bitcoin Price Analysis: BTC/USD Stronger Bounce Underway
Bitcoin managed to keep its head above the key $3,600 barrier but is still facing plenty of nearby resistance levels. After all, this might be a mere pullback from an ongoing downtrend. The price is inside a descending channel with its lower lows and lower highs. Support held and a correction to the resistance may be underway. In addition, the Fibonacci retracement tool shows where more bears might be waiting. Bitcoin is closing in on the 38.2% Fib that lines up with the mid-channel area of interest. A larger pullback could last until the 61.8% Fib near the top of the channel, a broken short-term rising trend line, and the $4,000 major psychological mark. If any of the Fibs hold as resistance, the price could slump back to the swing low or the bottom of the channel closer to $3,500. This entry was obtained by us on January 15, 2019 11:02 AM. Have a look at bitcoinerx.com for additional posts.
Russia Taking Major Step Towards Bitcoin Investment Countering US Sanctions - KOINPOST
Blockchain & Cryptocurrency News US dollar as a reserve currency might soon be largely replaced by Bitcoin which has started to show its acceptance by the Russian government in a move to tackle US sanctions that have hit the Russian rouble. This step will have a strong impact on the draconian and unilateral economic sanctions and trade tariffs imposed by Donald Trump?s regime. Recently, a well-known economist and a lecturer at Moscow?s Russian Presidential Academy of National Economy and Public Administration, Vladislav Ginko, indicated that the Russian government is opposing the hostile attitude shown by the Donald Trump?s government and possibly musing to acquire $470 billion bitcoins to curtail the blow of American power which is in the form of foreign policy as a forceful US sanction. This item was discovered by us on January 15, 2019 10:58 AM. You may want to visit koinpost.com for more.
On the Brink of...College 'Bitcoin Baby' Receives BTC From Ad in The Times
Reading: On the Brink of?College? ?Bitcoin Baby? Receives BTC From Ad... Georgi Georgiev | Jan 14, 2019 | 23:00 Georgi Georgiev | Jan 14, 2019 | 23:00 A rather interesting listing has popped up in The Times of parents seeking to raise money for their newborn baby via Bitcoin donations. Little Izabella Anna Bowles was born on January 6th, 2019. Her parents, however, have decided to waste absolutely no time in saving up for her college fund. Unlike regular parents, however, Wioletta and Peter, have decided to ask the cryptocurrency community for their financial support. A listing published in The Times reads: This share was retrieved by us on January 15, 2019 10:48 AM. Browse bitcoinist.com for more similar content.
Tron (TRX), Revain (R), and Chainlink (LINK) Are Back, Lead Crypto Bull With Over 8%, 23%, 19% Respectively - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
The cryptocurrency market is at present experiencing a slight recovery with some certain digital assets leading the way. With the presence of green in the cryptocurrency chart, it is easy to predict that if the trend continues, there is indication that all coins will see massive increment in value. While almost all digital assets are showing signs of recovery, cryptos like Tron (TRX), Revain and Chainlink amidst other digital currency like Ethereum (ETH) and Bitcoin which is changing hands at $3,706.38, gaining over 3% in the last 24 hours, have been performing extraordinarily. Since yesterday, Tron (TRX) has been showing sign of great improvement. At the time of writing, the digital currency is changing hands at $0.024877 USD, witnessing over 14.88% growth in the last 24 hours. This piece was first seen by us on January 15, 2019 10:38 AM. Visit todaysgazette.com for more.
Blockchain Jobs Now Command Higher Salaries, Bitcoin Transaction Rates Hit The Highest In Almost A Year
?This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro Rising jobs and salaries are always a healthy sign for an emerging industry and the same seems to be happening for blockchain. A recent report released by Janco and eJobDescription.com shows that the salaries for blockchain developers are up with the average annual pay rising by more than $4,000 over the past 6 months for developers that hold jobs in the top bracket. Not just the salaries, even the jobs for distributed ledger technology are seen rising during the same period. The median annual salary for a blockchain developer is now $132,000, with experienced workers command a much higher pay of around $176,000 a year when they move to new organizations, according to Janco Associates, a management consulting firm that conducts regular salary surveys and updates its report biannually. This article was first seen by us on January 15, 2019 10:36 AM. Check out www.coinfi.com for additional posts.
Bitcoin Latest Update: Huge Setback for Bitcoin (BTC) As International Bank Makes Warning -BTC This Week - BTC/USD Price Today
Over the last 12 months, top cryptocurrency Bitcoin (BTC) has suffered major setbacks in price actions and developmental stalls. The result of this has been reduced investment and interest in the crypto market. With the mind lifting increase in the price of Bitcoin (BTC) and other cryptocurrencies in 2017, many investors thought that usage of digital currencies would be fully possible as well as more adoption. However, the Bank of International Settlements (BIS) in the new study has warned against such hope. According to the report, the future of crypto is quite insignificant. Furthermore, BIS has also warned investors and traders alike regarding the potential risk of investing in traditional digital currencies like Bitcoin(BTC). This information was retrieved by us on January 15, 2019 9:39 AM. Check out smartereum.com for more from this source.
Bitcoin A Dead Cat Bounce or the Start of a Bull Run - FX Empire
Bitcoin jumped by 4.41% on Monday, reversing a 3% fall from Sunday with interest, to end the day at $3,749.3. While managing to reverse Sunday?s fall, there?s still a long way to go to reverse last week?s 13.9% slide that pulled Bitcoin into the red for the year. A relatively range bound first half of the day saw Bitcoin rise from an intraday low $3,580 to a morning high $3,668.0 before finding support from the broader market. Tracking the broader market, Bitcoin rallied to a mid-afternoon intraday high $3,799.4, breaking through the first major resistance level at $3,690 and second major resistance level at $3,789 before easing back. This item was obtained by us on January 15, 2019 9:10 AM. See www.fxempire.com to find more similar content.
Malaysia Starts Regulating Cryptocurrencies Today
Malaysia?s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country?s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Malaysian Finance Minister Lim Guan Eng said on Monday that his country ?will regulate initial coin offerings (ICOs) and the trade of cryptocurrencies,? Reuters reported, adding: An order to recognize digital currencies and digital tokens as securities will come into force on Jan. 15, under the regulation of the Securities Commission Malaysia [SC]. This entry was obtained by us on January 15, 2019 8:15 AM. See news.bitcoin.com for more.
"Bitcoin: Important Support & Resistance of the 3rd Cycle" by trader StrivingYogi published January 14, 2019
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD PACIFIC GAS & ELECTRIC CO., PHI GROUP, INC., GENERAL ELECTRIC COMPANY, BANK OF AMERICA CORPORATION, ISHARES MSCI EMERGING INDEX FUND, SPDR S&P 500 S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100 Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver This item was first found by us on January 15, 2019 8:01 AM. See www.tradingview.com for more similar content.
Giga Watt: Bitcoin Mining Company Closing Amid Unpaid Power Bills
Home » Bitcoin Mining » Giga Watt: Bitcoin Mining Company Finally Shutting Down Amid Unpaid Power Bills and Bankruptcy Hearings: Token To Be Worthless A user contacted CCN with information related to Giga Watt, a Bitcoin mining company finally going out of business after declaring bankruptcy in November 2018. The firm lasted a little over a year, launching with an ICO model in September 2017. The business model of Giga Watt was slightly different than other hosted mining solutions. Clients owned the mining hardware and paid for upkeep out of their earnings. Giga Watt offered competitive power rates which turned out to be unsustainable. A representative for the company told clients on their Customer Support Telegram channel that users could pay to have their mining hardware shipped home. This piece was discovered by us on January 15, 2019 7:02 AM. See www.ccn.com to find more similar content.
$1000000 giveaway join fast
The following terms and conditions govern your participation in PrimeXBT Giveaway Program, which we?ll call the Giveaway here for short. Our users are very important to us. We do our best to treat you with the fairness and respect you deserve. We simply ask the same consideration from you. We have written the following giveaway agreement with you in mind, as well as to protect our company's good name. So please bear with us as we take you through this legal formality. This agreement sets forth the terms and conditions for participation in the giveaway administered by Prime XBT Trading Services Ltd. (hereinafter referred to as ?Prime XBT? or ?Company?) This item was obtained by us on January 15, 2019 6:58 AM. Have a look at primexbt.com for more similar content.
LedgerX Launches Volatility Index (LXVX) to Track Bitcoin's Volatility
The CFTC-regulated crypto asset management platform LedgerX has built an index that tracks Bitcoin?s price volatility. The LedgerX Volatility Index (LXVX) will provide cryptocurrency traders with insights into Bitcoin?s expected volatility, and is alternatively known as a ?Bitcoin fear index.? The firm will use data drawn from their regulated Bitcoin options contracts, in which various financial institutions have been trading over the past year. Announcing the LedgerX Volatility Index (LXVX) ? index data from @ledgerx regulated bitcoin options on https://t.co/0IQins7lU0 https://t.co/tgeVRQRdyg ? LedgerX (@ledgerx) January 14, 2019 This share was first found by us on January 15, 2019 6:38 AM. See www.investinblockchain.com for additional posts.
January 14th Market Update: Bitcoin Surges to $3,700, Validating $3,550 as a Level of Support
Following this past weekend?s volatile trading period that led many altcoins to plunge 10% or more, the cryptocurrency markets bounced today, recovering much of its recent losses. Today?s bounce also seemed to confirm $3,550 as a strong level of support for Bitcoin. Analysts are now claiming that this latest move up is significant from a technical and a fundamental standpoint, as it signals that the markets have been forming higher lows ever since they touched the low-$3,000 region in mid-December. As discussed in last Friday?s market update, analysts previously speculated that Bitcoin had established a new trading range between $3,550 and $4,200 after it was unable to trade above $4,000 for an extended period of time. This entry was first seen by us on January 15, 2019 5:20 AM. Check out ci.covesting.io to find more similar content.
Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto
Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. OTC trading is popular with institutional investors who trade in large volumes of cryptocurrencies. This form of crypto trading happens between two parties, and it takes place away from the exchanges. OTC trades are often handled via brokers, who offer high-volume traders a trading desk to execute large trades with a faster settlement and lower fees. Bittrex will offer users ?guaranteed pricing? for large block trades starting at $250,000 or more. This entry was first found by us on January 15, 2019 5:15 AM. See www.coinfi.com for complete listings from this source.
$1 Million in Bitcoin Ransom Paid, American in Costa Rica Still Missing
Home » News » $1 Million in Bitcoin Ransom Paid, American in Costa Rica Still Missing Twelve people suspected to be involved in the kidnapping of the American businessman William Sean Creighton Kopko in Costa Rica have been arrested. Nine of the suspects were arrested in Costa Rica while three were nabbed in Spain, according to Television New Zealand. It?s now three months since the American businessman was kidnapped in the Central American country. Kopko?s family paid a ransom of nearly $950,000 in bitcoin which was demanded shortly after he disappeared. However, Kopko, who owns the online gambling platform 5Dimes, was never released and is still missing. This publication was retrieved by us on January 15, 2019 5:14 AM. Browse www.ccn.com for complete listings from this source.
Bitcoin 10-year anniversary commemorative cold-storage wallet
The first Bitcoin was mine 10 years ago; celebrate Bitcoin with the Commemorative Edition 1 BTC note! Images show the front as well as the back of the note. *There will be no further releases of the Bitcoin Series 2030 wallets. This piece measure 2.61 inches by 6.14 inches, the same aspect ratio as Untied States Fiat Currency. Each note is printed onto a plastic-like material. These notes are UNFUNDED. There is NO crypto value on any of these designs. There are also NO generated keys. For the utmost privacy and security, we believe you should be in charge of and responsible for your own keys. Thus, you are welcome to generate your own, affix them to the note, and seal them with the provided hologram, should you choose to do so. Simply generate a crypto key, print it out to be slightly smaller than the size of our provided hologram, and place it FACE DOWN on the note (with the unprinted side UP). Then, place the hologram over it. The hologram is tamper-evident so once it is peeled off, it will leave a trace behind showing that it has been peeled. This post was first seen by us on January 15, 2019 5:10 AM. Browse lynxartcollection.com for more similar content.
Bitcoin and Crypto Ransom: A Rapidly Growing Trend
-Bitcoin news, price, information & analysis Between wild price volatility, the fear of Bitcoin-stealing malware, the risk of having assets left on an exchange that could become a target of hackers, and so much more, crypto investors are stuck looking over their shoulder at every turn. Cyber criminals are pulling out all the stops, doing everything from creating fake websites, to hacking Twitter accounts of or impersonating public figures, in order to separate an investor from their crypto assets. Last year, cryptojacking cases spiked, and social media platforms were rife with cryptocurrency giveaway scams. Now, cyber criminals are increasingly turning to crypto ransom schemes, demanding a sum of Bitcoin or other cryptocurrency, or else the cyber criminals will follow through with a serious threat. This publication was found by us on January 15, 2019 5:10 AM. You may want to visit www.newsbtc.com for more from this source.
No, IBM s Quantum Computer won t break Bitcoin, but we should be prepared for one that can.
The Verge said it best with ?IBM?s new quantum computer is a symbol, not a breakthrough.?. It?s important to expand on that and what it means to Bitcoin, and blockchain in general. What we shouldn?t do is turn a blind eye. Anytime there?s an advancement in Quantum Computing, like Intel?s 49 qubit chip at last year?s 2018 CES show, or this years CES show with IBM?s 20 qubit commercial quantum computer, blockchain news outlets are always there to assuage worries, with ?No, [this] Quantum Computer won?t break bitcoin?, often accompanied by the sentiment that the looming quantum computing threat is being blown right out of proportion. This entry was obtained by us on January 15, 2019 4:39 AM. Have a look at medium.com for more similar content.
Announcing the very first New Orleans Bitcoin Cash Meetup! If youre in the area, come join me at Luna Cafe this Friday!
Fake News: Russia's Alleged $10 Billion Bitcoin Investment
Recent news that ?Russia will buy $10 billion in Bitcoin and ditch the U.S. dollar? is backed by the flimsiest of evidence. Publications such as The Telegraph, Bitcoinist, and the Daily Hodl been duped? The airwaves were abuzz when news that Russia would buy $10 billion in Bitcoin surfaced. Allegedly, that work was ?underway? to transfer deposits in U.S. Treasuries to BTC. Multiple publications ran the story, Including the British newspaper The Daily Telegraph. Today, CCN raised questions as to whether the story was ?fake news.? However, the source of those claims, tweets form Vladislav Ginko, are questionable, at best: This posting was retrieved by us on January 15, 2019 4:34 AM. You may want to visit cryptoslate.com to find more similar content.
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