Bitcoin Market: 2015 bitcoin investment has reached $9 billion

Bitcoin Market: 2015 bitcoin investment has reached $9 billion

Bitcoin prices on Thursday (September 10th) the disc under pressure again, the continuation of yesterday’s weak performance.

BITSTAMP公布的报价显示,比特币/美元(XBT/USD)昨日自244下挫至238水平,本交易日亚盘更是跌至238水平下方。

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday from 219 continued to decline to around 214, the trading days the Asian plate fell further to 213 level.

(bitcoin / $chart source: Peng Bo, FX168 financial network)

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)

The industry, PWC and Coindesk released data show that in 2015 a total of bitcoin investment has reached $9 billion 160 million, compared with the same period last year growth of 262.5%.

In this regard, chief commercial officer Bitpay Singer said, “the rapid growth of bitcoin investment, the most important number is this year compared to the same period last year investment rose by nearly 3 times.”

Coinometrics and Statistita report, bitcoin has taken similar remittance, digital money transfer and settlement platform Xoom global financial services companies and remittances.

At the same time, more and more well-known international companies such as DELL, Microsoft and Overstock are expanding application of bitcoin in ordinary businesses.

Beijing time 13:13 on September 10th, bitcoin / USD / Euro 237.60, bitcoin at 213.15.

Coinbase company for the expansion of bitcoin services began to enter the Canadian market

Coinbase company for the expansion of bitcoin services began to enter the Canadian market

Coinbase is a bitcoin industry leader, after the four round of venture financing, the company won a total investment of $106 million 700 thousand. In January this year, Coinbase completed C $75 million round of financing, the platform’s chief executive officer Blaine? Armstrong released rhetoric, said before the end of 15, the service extended to 30 countries.

In September 1st, Coinbase announced its entry into the Canadian market, so far, the number of countries in the company’s service has been extended to 27.

This also means that Canadian residents can use Canadian dollars to buy and sell bitcoins, in addition, they can also be stored in the Canadian Coinbase bitcoin wallet, and CAD / bitcoin trading platform Coinbase.

In an interview with reporters, Armstrong said, although the company has launched in more developed regions is successful, will expand its services to the development of the market, still need positive efforts.

Armstrong said:

“This is not our hope to launch the market, this is actually more factor partners. But to be sure, there are a lot of people Canada bitcoin is interested in, and they had no simple way of trading.”

It is worth noting that the platform of the CAD/BTC trading orders will be independent, it is said that American exchange users will not be able to use your account to access the transaction on u.s..

“Multiple currency transactions to have certain advantages, but we consider the more regulatory problems,” said Armstrong.

In addition, Coinbase also said that the platform will be removed from service bitcoin economy retail exchange fee, the deadline for September 6th.

business model

The long-term profit model, about Coinbase Armstrong said that the company may add extra financial products, including derivatives.

However, he also admitted that the entire industry, including the wallet and exchange, to increase revenue is difficult, but he believes that Coinbase occupy a very favorable position, because the company has established a trusted reputation in the industry.

“This is more than apple and WAL-MART,” he said, “I think the consumer business will be tenable, and are profitable, this enables us to provide a free platform for developers.”

Finally, he reiterated that Coinbase is seeking to establish an open and efficient payment network for global users, and stressed that the company in Canada, is another step to achieve this goal

Some misunderstandings in the mainstream media bitcoin news

Some misunderstandings in the mainstream media bitcoin news

Some mainstream media reported each bitcoin news, exactly is actually make things confusing.


Although the bitcoin penetration rate than the early promotion of improvement, but with the news reporter also added bitcoin news and digital currency and the underlying technology reported that the fault began to be exposed.

From the beginning of the content of the report is not accurate and even don’t date.


1, find the Cong

Nakamoto So has represented the founder of bitcoin, the mainstream media also began to join the army to find in the Cong.

In early 2014, “Newsweek” he thinks he has found a true Nakamoto, Dorian Nakamoto (? DoranNakamoto, Nakamoto is the Japanese name), an obscure unemployed engineer, apparently he had no cryptography background.

Afterwards, he quickly denied that he is the true creator bitcoin. Nevertheless, “Newsweek” and author LeahMcGrath has not issued an apology, on the contrary, once again stressed that their statement is just a hypothesis is proposed, but the report was directed at Mr. Nakamoto bitcoin play the role in the creation of

At that time, the president and his lawyer said publicly to sue the publishing house, but they need more money. In an attempt to raise funds in the process, created the name “Newsweek” lie “website, website that holds Dorian? A sign reads” Newsweek article hurt my family. “.

Nakamoto’s lawyer Ethan said base?:

“These people come to his house, frightened his elderly mother, made his email address by deception, and falsely quotes from him and his brother dialogue. They were published about his health, economy and employment information. They need to pay for yourself

In the past, Dorian is not the only one to be imposed on the identity of bitcoin founder of the mysterious man.

At the end of 2013, blogger Gray links the sky? Nick? Saab bitcoin analysis paper. Through Stylometric analysis, the use of language style of study, to determine the anonymous or controversial author file.

Hal? Finney, the pioneer of cryptography is the first (except Nakamoto) using bitcoin protocol, may be associated with nakamoto.


2, bitcoin CEO

We all know that bitcoin is a decentralized network, but it has been mistaken for a company. In March last year, media reports said bitcoin CEO suspected Dutch act. But in fact the victim aotom? Rick, just a virtual currency trading platform FirstMeta CEO

Rick is not the first by the media for “bitcoin ceo”. Bitcoin payment processing company GoCoin CEO Steve Beauregard was also wrong? (SantaMonicaMirror) “Santa Monica mirror” reporter called bitcoin ceo.

最近,《雅虎新闻》还将倒闭的比特币交易所MtGox的首席执行官马克?开普勒,称为“比特币首席执行官”。

3, bitcoin is gone

Earlier this year, “CBS sports” out of a “bitcoin gone” is the beginning of the article, and further pointed out that “in Florida, St Petersburg held a bitcoin football game after only one year, the sponsor will give up bitcoin”.

However, because bitcoin is not real, but not that many people, so it can not be separated from any kind of social activities.

This article reflects the bitcoin payment processing company BitPay has agreed to give up in college football sponsorship.


4, bitcoin is dead

If it is true, so bitcoin in its short history has killed several times.

Reporters have been hastily predicted digital currency death on various occasions, some read like a bitcoin obituary, indeed formed no small trouble.

Admittedly, crypto currency on the road is not flat, but the media are too focused on their volatility.

This is not to be attributed to a misunderstanding of the media is attributed to the Internet information dissemination speed.

Although some false reports for the encryption community to provide some entertainment, but some reports have angered the digital currency has been adhering to the loyalty of the bitcoin enthusiasts.

Why bitcoin slow growth in Asia

Why bitcoin slow growth in Asia

   


Compared to Europe and North America, is still scanty in Asia by bitcoin, although a large part of the bitcoin trading volume from Chinese. Despite the increase of bitcoin remittance services, but the encryption currency payment in this area has not been sufficiently attractive.

Some countries such as Philippines and Indonesia have from bitcoin transactions inside income, but Philippines is largely rely on remittances, Indonesia is shown on the approval of non interest financing needs of islam. Even so, few businesses are willing to accept encrypted monetary payment, but also did not install the bitcoin ATM machine available.

Bitcoin in Asia

Limit bitcoin is the lack of supervision in one of Asia’s development factors, investors in the investment of money or be used for encryption when conventional transactions will be more cautious. However, bitcoin exchange Coinbase has decided to set up shop set up branch in Singapore, one of the largest financial center in Singapore is asia.

The price fluctuation is the limiting factor, the price change radically to become an unreliable medium. The lack of awareness and education is also a factor, especially the bitcoin is used for underground market and money laundering.

The experts suggest that the encryption currency company if you want to enter the Asian market, the first to do a good job of education, share the potential benefits of the use of bitcoin. For example, compared with the traditional way of lower transaction costs and so on.

As with other areas, need time to increase the encryption currency rate. Bitcoin may be a small step in the Asian mainstream applications, encryption currency enthusiasts think it will happen sooner or later.

Bitcoin Market: US $800 thousand agents pleaded guilty to illegal bitcoin

Bitcoin Market: US $800 thousand agents pleaded guilty to illegal bitcoin

Bitcoin prices on Tuesday (September 1st) the disc highs yesterday, taking part in.

BITSTAMP announced the price display, bitcoin / $(XBT/USD) yesterday from 225 near the start of a strong rebound, had risen above 232, but the trading days the Asian plate highs again fall to below the 230 level.

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday from 202 levels continued to rise to around 208, the trading days the Asian plate continued to drop, return to below 205.


(bitcoin / $chart source: Peng Bo, FX168 financial network)

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)


The industry, American secret service agent ShaunBridges before the beginning of the week in federal court in San Francisco admitted on money laundering and obstruction of justice charges in court.

Previously, ShaunBridges has been charged, said its investigation into online drug market “Silk Road”, to more than $800 thousand worth of bitcoin to personal account.

The silk road was closed in October 2013. Allegedly, the “Silk Road” completed more than $214 million in trading drugs and other illegal goods, traders often use bitcoin. The founder of the RossUlbricht website in May this year, was sentenced to life imprisonment.

Beijing time 13:25 on September 1st, bitcoin / USD / Euro 229.32, bitcoin at 204.79.

Bitcoin price below $200

Bitcoin price below $200

Bitcoin prices fell below $200, this is the first time since January 18th this year, a 6 month low.

According to the CoinDesk bitcoin price index, the average price of the whole network bitcoin, the minimum fell to $198.23, the largest decline occurred in the BTC-e platform, the lowest point reached $192.

As of press time reporter, bitcoin prices have recovered from their lows to $203, and in some parts of the market, the price is still lower than the $200, such as BTC-E.

According to CoinDeskBPI, $198 in the past six months, the lowest average price of bitcoin (not including the individual exchange daily price volatility).

It is reported that the bitcoin market turmoil and the global stock market may widely fall.

In the Chinese stock market, also ushered in a sell-off, reported that the Shanghai Composite Index this week experienced a sharp fall in history 8.49%.

Bitcoin Market: hold half the development of virtual currency in UBS

Bitcoin Market: hold half the development of virtual currency in UBS

Bitcoin prices on Wednesday (September 9th) the disc choppy, finished lower yesterday after the remaining half rose.

BITSTAMP announced the price display, bitcoin / $(XBT/USD) yesterday from the 240 level to rise to above 246, then dropped to around 242. The transaction is choppy Nichia disc, now for the pupil in the vicinity of 244 line.

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday from below 215 higher to 220 above, then fell to 217 levels. The shock disk transaction Nichia interval, now trading at around 218 levels.

(bitcoin / $chart source: Peng Bo, FX168 financial network)

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)

    

It is reported that the industry, UBS is developing a prototype of virtual currency, hope to provide banking and financial institutions use.

This virtual currency will provide convenience for the financial institutions trading platform using the blockchain technology, while the blockchain is the core technology of the bitcoin.

However, the difference between the virtual currency bitcoin is proposed: UBS is a kind of “practical settlement currency”, hoping to real currency and central bank account together.

Beijing time 12:52 on September 9th, bitcoin / USD / Euro 243.99, bitcoin at 218.70.

Bitcoin Market: 5 reasons to bitcoin prospects

Bitcoin Market: 5 reasons to bitcoin prospects

Bitcoin prices on Monday (August 31st) the disc of low volatility, the overall continuation of yesterday’s decline pattern.

BITSTAMP announced the price display, bitcoin / $(XBT/USD) yesterday from 233 near the high exchange rate fell below 226, the transaction was mild disc Nichia rebounded to above 229, but eventually fall to near the 226 level.

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday continued above 208 fell to 203 level, the transaction Nichia disc was rebounded to above 205, but still fell to 203 levels.

(bitcoin / $chart source: Peng Bo, FX168 financial network)

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)


Foreign media industry, the author gives 5 reasons about the bitcoin market outlook:

The 1. increase in the size of the limelight

In 2012, bitcoin related venture capital scale only $2 million. 2013 is $95 million, 2014 is increased to nearly $350 million. To know the Internet just started in 1996 when the venture capital scale only $250 million. And now, bitcoin total industrial investment and more than $550 million, which is a few years.

2. bitcoin influence

Venture capital size is more important to investors. Like Netscape founder Marc Andreessen (Netscape) such technological change also in the bitcoin project invested more than $50 million. Richard Branson, Reid Hoffman, NYSE, Citibank’s former CEO, Reuters and the associated bitcoin industry.

Bitcoin transactions increased 3.

Bitcoin industry has two core indicators: account number and volume. In 2013, only 13000 of a bitcoin account, now the number is more than one million, an increase of nearly 8000%. In addition, bitcoin transactions per month at a new high. Since 2013, the volume of its basic pace, reached nearly 100 thousand bitcoin daily trading volume.

4. to expand the scope of the use

Overstock.com, Expedia, Microsoft and DELL are now accepting bitcoin. The world to accept bitcoin payments more than 90 thousand businesses.

5. industry talent capital

Huffington Post said, “when you laugh at bitcoin, in fact, are you laughing at, the young genius of hundreds of thousands of hungry entrepreneurs”. The original mathematicians involved in bitcoin industry. VISA and PAYPAL executives have also created their own bitcoin company.

The entrepreneur is to solve the previous problems failed to solve the. Bitcoin now is there? You bet。 But a group of the world’s most intelligent people will compensate for these problems.

Beijing time 11:08 on August 31st, bitcoin / USD / Euro 226.95, bitcoin at 203.60.

Proof: Sarah

Stanford University will provide online digital currency tutorial

Stanford University will provide online digital currency tutorial

School of Engineering Stanford University will open a new course in this year, the new curriculum will take “encryption currency: bitcoin and his opponents” as the theme. Teaching time: September 21, 2015 to December 9th.

DanBoneh as a professor of computer science professor Standford School of engineering of the new curriculum. He thinks:

“Bitcoin and other encryption technology is behind the digital currency protection information is very important and indispensable means”. He felt that the virtual currency has the potential to change the existing payment industry.

该课程可以在线观看教学视频,但必须要注册斯坦福大学网络安全研究生资格证书项目。

Boneh said:

Stanford University is committed to solve the safety problems of the global network, can let users and together we learn the skills needed to protect the network security”

The course mainly focuses on bitcoin Technology

According to the course of interpretation, new curriculum covers how to write secure software (code programming), digital encryption currency system (system) in terms of the interaction and the reliability of distributed consensus. The subject includes: competitive currency, bitcoin transactions, consensus protocol, encryption world currency, elliptic curve, hash function, mining strategy and incentive system and supervision, no cash currency bitcoin.

In August 25th, will be released in advance for a free webinar, the meeting time for the morning of 10 a.m. to 11 p.m. (PST), 1 pm to 2 pm (Eastern standard time).

During the seminar, Boneh will carry on the development in the field of computer security and encryption currency to answer. Boneh is an expert in network security, has been committed to using the method of interdisciplinary research, create easy to use and deployment of security mechanism.

Standford is also co director of the Boneh Laboratory of computer security. In 2015 the White House Network Security and consumer protection, he also invited to attend the summit.

The course is a part of the network security project

This new curriculum is a part of the network security project, the project is to provide professional and technical advances in information technology perspective.

Including other network security courses:

Computer and network security

An Introduction to Computer Networks

introduction to cryptography

Operating system and system programming

Technology and national security

The registered students can browse the specific content of the project on the Internet

 

Bitcoin Market: Bitcoin Group IPO bitcoin company

Bitcoin Market: Bitcoin Group IPO bitcoin company

Bitcoin prices on Tuesday (September 8th) the plate down, the recent trend of increased volatility.   


BITSTAMP announced the price display, bitcoin / $(XBT/USD) yesterday continued fluctuated in 239-242 interval, the trading days the Asian plate was ascribed to 243 above, but then fell to 242.

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday in the range of 214.50-217.50 swings, the trading day was higher to 218, but then dropped to around 216.50.

(bitcoin / $chart source: Peng Bo, FX168 financial network)

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)

The industry, the Ministry in Melbourne bitcoin’s BitcoinGroup program on the Australian Stock Exchange (ASX) IPO to raise $20 million (about $13 million 820 thousand), is expected to be released on November 11, 2015.

BitcoinGroup plans to issue 100 million new shares, issue price of 0.2 Australian dollars, to raise $20 million of funds.

As of June 30, 2015, the following BitcoinGroup financial situation: total revenue of $1 million 740 thousand, gross profit of $431 thousand, net profit of $10 thousand, a comprehensive income of $69 thousand.

Beijing time 11:32 on September 8th, bitcoin / USD / Euro 241.83, bitcoin at 216.56.