- BITCOIN COURSE CHALLENGE Week 2!
- President of the World Bank talks positively about Blockchain!
- Seoul and Munich against SegWit2x!
- Cointed Token - An Austrian Company Starts its own ICO!
Today starts the 🏆BITCOIN COURSE CHALLENGE Week 2🏆 Play now and WIN 💰20 Whaleshares💰!!!
The RULES are simple, write the Bitcoin Price USD for the next Sunday 14:00 UTC time and your Bitshares or OpenLedger account name ( like this $ 4,459.44 danyelk1 ) in the comment section of this post. I will accept your answers till Friday 14:00 UTC time.
The one who has the right Bitcoin price or has the closest guess will be the WINNER and gets the 20 WHALESHARES.
The WINNER will be announced next Sunday.
If you are new with WHALESHARES please click HERE!
If you have no Bitshares or OpenLedger account click HERE!
In case the WINNER has no Bitshares or OpenLedger account you can provide me with the URL of one of your posts and get a 20% upvote from @officialfuzzy himself.
For more information and questions about WHALSHARES go to the WHALSHARES DISCORD CHANNEL!
Let me see your Bitcoin forecast skills!
☘ Best of luck to all of you ☘
BIG THANKS go to @akrid & @officialfuzzy who make that all happen by sponsoring the BITCOIN COURSE CHALLENGE!!!
@zararina you are the WINNER of the BITCOIN COURSE CHALLENGE Week 1!!!
During a TV appearance the President of the World Bank spoke positively about the blockchain.
In an interview with CNBC, Jim Yong Kim said that everyone would be enthusiastic about the technology. However, he cautioned also in dealing with crypto currencies.
Jim Yong Kim said to CNBC:
The World Bank has already worked with the Blockchain in the past. Last summer, she opened an investigation center to examine the use of technology for capital formation.
Kim compared crypto currencies with unfavorable payment systems, such as the Chinese platform Alibaba. "It only takes three seconds, three seconds, to transfer up to $ 160,000 to someone who is also part of the Alibaba network. This is because they check the creditworthiness in just three seconds, "he said.
SegWit2x simply does not win the heart of the community. Now the Meetups of Seoul and Munich clearly vote against the Hardfork. It looks as if the deal had already failed.
Yesterday two big city meetups published a statement against the Hardfork SegWit2x: the Korean capital Seoul, and the Bavarian capital Munich.
The Meetup of Munich is very short in the printed and photographed statement:
A controversial hard fork is dangerous; after SegWit doubles the block size, another hard fork appears to be overridden; it also threatens to further centralize the mining. A hard fork should be planned longer and also contain reasonable further changes from the hard fork wish list. The core developers reliably provide Bitcoin with quality software, which they develop according to high ethical standards. Core is the true bitcoin client. According to a participant of the Meetup, 29 people voted for the statement, 3 against and 15 abstained. Very clear.
Most of the arguments of the Munich paper are also found in the open letter of the Seoul Meetup: It is wasteful to use a hard fork only for a small block size increase; SegWit2x does not support Core. In addition, the SegWit2x agreement came about in a way that is contrary to the Bitcoin ethos. If a group of bosses and miners can change bitcoin as they wish, Bitcoin loses what makes its value. SegWit2x also has no replay protection.
What can I say? SegWit2x does not seem to have the support that would have been desirable. This, as well as the weak performance of the BT2 token on BitFinex, which currently stands below 0.15 Bitcoin, suggests that SegWit2x will not be the update that the participants of the agreement have hoped for, but another altcoin. But whether this is still worthwhile at all is questionable. Do you really need two Big Block Fork Altcoins? Probably not. So I think it would be best to simply drop the hard fork. Let's make something more meaningful.
Many in the Bitcoin community are celebrating this increasingly probable failure of SegWit2x as a success. Bitcoin can not be tampered with and changed, Bitcoin resists the CEOs and miners who want to change it. I think Bitcoin with SegWit2x had the best chance so far to end a long-standing dispute, to clarify the issue of scalability for a few years, to reunite the split communitiy, to devote itself to constructive things, and perhaps the most important thing to me: censorship , Cyber bullying and uncompromisingness. All this has probably not happened, and I find it disappointing.
But this last paragraph is my opinion, and I do not intend to ponder on it or ride a dead horse further. The price, which has now risen to more than $ 5,581 and shows that I am probably wrong anyway, or that the market even welcomes this.
The established Tyrolean company Cointed starts with 20.10.2017 point 00:00 clock its own Initial Coin Offering, in order to take with their own Cointed Token in the crowdfunding 120 million euro. With these funds, the internationalization of the company is to be accelerated and further advanced.
What makes the Cointed ICO so unique?
Cointed does not merely present an idea that is to be implemented in an uncertain period of time. The company presents an already completed and functioning concept (http://cointedtoken.com/). The venture is thus already on solid legs and starts immediately after the conclusion of the financing round!
Milestones since 2014
- A crypto currency exchange with more than 15,000 users
- Own mining sector with more than 400 GH / s (18,000 computing units) in 2 countries
- 55 BTC ATMs in 4 countries and thus the largest BTC ATM provider in Europe
Financial Review:
- 2015 € 6 million sales € 100 k profit
- 2016 € 25 million sales € 520 k profit
- 2017 est. € 150 million sales ~ 5% profit
Cointed's main focus is on the connection of the analogue to the digital crypto-world. This is to bridge the gap between the two worlds and to make the complicated exchange process of crypto currencies in fiat money and vice versa as easy as possible.
In particular, new ATMs, more efficient mining equipment and proprietary software will be developed and produced in-house.
Cointed has also developed an online wallet for its own Exchange, which is constantly improved and extended by additional Altcoins. This greatly simplifies and speeds up the processing of payments and the exchange of crypto-currency in money.
In particular, for the creation of a legal structure, some of the funds will have to be spent. In order to meet the regulatory requirements of the various countries worldwide, Cointed is already applying for an international financial service license.
Thanks to the successful course of Cointed since 2014 - which was possible without external financing - the team of the dynamic company from Austria sees a very good and profitable opportunity for investors.
Investing in the company is therefore part of a success story.
Benefits of the ICO for investors:
- With Ethereum smart contract, it is possible to get started with the least possible resources.
- The Pre-ICO starts on 01.11.2017 at 00:00 and ends on 30.11.2017 at 23:59.
- The ICO itself starts directly after the Pre-ICO and runs until the investment goal has been reached or maximum until 28.02.2018
- For the first 1,000 investors (minimum investment 20 ETH) there will be special bonuses and a special surprise.
- Each investor receives additional discounts on the platform in the following areas:
Exchange, Mining, Software, Online shop
This ICO has the potential to redesign the largest areas in terms of crypto currencies. The goal is to involve the community in the project and to participate in the growth of the Cointed Project.
Disclaimer:
The information presented in this post is not a recommendation for purchase or sale. It is only an opinion of me the author. They serve merely to describe the project and are not to be understood as an investment analysis.
I wish you all a lovely Sunday and a great start in the new week!!!
ⓁⓄⓥⒺ & ⓁⒾⒼⒽⓉ
Best regards
@danyelk
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