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50 Cent Admits He Never Had A Bitcoin Fortune But Played Along For Show

50 Cent Admits He Never Had A Bitcoin Fortune But Played Along For Show

50 Cent Admits He Never Had a Bitcoin Fortune But Played Along For Show Sorry, but 50 Cent isnt sitting on a secret fortuneof forgotten bitcoin riches after all.Last month, TMZ reported that 50real name Curtis Jacksonhad accepted online payment in bitcoinfor the release of his fifth album Animal Ambition in2014, well before cryptocurrency became a hot speculative investment. The revenue, TMZ claimed, wasas high as700 bitcoin, then worth a few hundred thousand but,with the coinsvaluespike over the past year, now theoretically valuedat as much as $8.5 million. But in a Friday courtfiling first obtained by The Blast , lawyers representing50 in his recently concluded bankruptcy case admitted that hesnever owned, and does not now own, a bitcoin account or any bitcoins, and to the best of his knowledge, none of his companies had a bitcoin account. Fans wereable to buyAnimal Ambitionin bitcoin on 50s website, the filling states, but the currency was paid to a management company andcontemporaneously converted to U.S. dollars by another independent third party before it wastransferred to 50s company G-Unit. At the time, one bitcoin was worth $657, according to TechCrunch , which examined transactions listed in the court filing and concluded that cryptocurrency sales ofAnimalAmbition probably only brought in around 6 or 7 bitcoin totaljust a few thousand bucks. Not that 50 let that stop him from boasting about his supposed bitcoin fortune: In a now-deleted Instagram post, he citedTMZs story and commented, Im a keep it real. I forgot I did that shit. Inthecourt filling, 50 says mediareports of his bitcoin windfall were not accurate, but that he played alongbecause he felt the story would boost his image: As a general matter, so long as a press story is not irreparably damaging to Continue reading >>

Bitcoin Drops Below $9,000 On (potentially) Bad News From India

Bitcoin Drops Below $9,000 On (potentially) Bad News From India

Bitcoin drops below $9,000 on (potentially) bad news from India After several short-lived drops under $10,000, it looks like the price of Bitcoin finally yielded under pressure. The largest cryptocurrency by market cap is currently trading at $8,947, down 11 percent in the last 24 hours according to CoinMarketCap . The trigger for the price drop is likely the news from India, where finance minister Arun Jaitley expressed a largely negative view towards cryptocurrencies in his 2018 budget speech. The Government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system, Jaitley said according to Fortune . The price of Bitcoin fell significantly from its December heights of around $20,000. Several outlets, including Fortune and Quartz , interpreted this as a country-wide ban on Bitcoin and other cryptocurrencies. However, that's impossible to deduct from this single quote, which merely states that the government is against two things: crypto-assets financing illegal activities, and crypto assets being used as part of the payment system. In other words, Bitcoin won't soon become legal tender in India, but there's nothing here about an outright ban. In fact, according to several outlets, Jaitley actually uttered a couple of positive words about cryptocurrencies in that same speech. According to Hindustan Times , he said the government "will explore the use of blockchain," and Unocoin, a crypto exchange based in India, has an expanded version of that quote, in which Jaitley says the government will look into blockchain tech "proactively for ushering in digital economy." Based on the #UnionBudget2018 announcement, there is no change in governm Continue reading >>

Remixpoint | Bitcoin Insider

Remixpoint | Bitcoin Insider

Updated news about bitcoin and all cryptocurrencies READ ALL NEWS AND EVERYTHING ELSE ABOUT REMIXPOINT AND BITCOINS & CRYPTOCURRENCIES Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange... Japanese renewable energy provider, Looop, has announced an electricity plan aimed at reducing costs for bitcoin and other cryptocurrency miners. The plan charges a flat monthly fee for electricity... Remixpoint, a Japanese company engaged in a number of energy-related businesses, has recently launched a new electricity service with bitcoin payments integrated to serve customers all over Japan.... Japanese bitcoin exchange Bitpoint has been activelyexpanding into the Greater China region. After launching operations in mainland China and Hong Kong, on Friday the company announced its launch in... Japanese companies continue to benefit from embracing Bitcoin, following its approvalby the government as a form of payment. Small businesses listed on stock exchanges that offer bitcoin-related... Bitpoint has recently partnered with Peach Aviation to providebitcoin payment tech to the company, and now plans to do the same at hundreds of thousands of Japanese retail outlets.Also read:... Continue reading >>

Self Directed Ira For Bitcoin

Self Directed Ira For Bitcoin

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Bitcoin Cash (bch) Price Spike Leads To Coinbase Insider-trading Probe Quartz

Bitcoin Cash (bch) Price Spike Leads To Coinbase Insider-trading Probe Quartz

Bitcoin cash, a bitcoin offshoot, is soaring. But its not changing hands for $9,500, as the price displayed on Coinbases exchange suggests. Its real gain for the day is more like 64%, around the $3,400 mark, according to data provider Coinmarketcap. The picture is complicated by the fact that the bitcoin cash price likely rose because Coinbase made a surprise announcement that it would start trading the cryptocurrency on its GDAX exchange. But the trading was short-lived. Just two minutes after it began, GDAX put restrictions on trades, preventing orders from being filled. A little over an hour later, orders were cleared and the market was taken offline. Trading will resume on Dec. 20 at 9am PT, GDAX reported to its users on its status log . GDAX price for bitcoin cash-US dollars on Dec. 19, 2017 (GDAX) Heres what the bitcoin cash price looks like on Coinmarketcap, which takes a volume-weighted average of bitcoin cash prices from 150 exchanges. Bitcoin cashs price in 2017. (CoinMarketcap) Bitcoin cash began trading on GDAX in post-only mode, which restricts traders to orders that are not immediately matched. Its to let an order book develop to avoid more crazy price gyrations, says Jacob Eliosoff, who runs the New York City-based cryptocurrency fund Trevi Digital Assets Fund. But the post-only mechanism fell short of its task. After about an hour of post-only orders, GDAX lifted the restriction. As orders were matched, demand likely greatly outstripped supply, causing the price to jump. Two minutes later, post-only restrictions were imposed again because of significant volatility , according to Coinbase. The result of the bitcoin-cash trading launch: A price of $9,500 displayed on GDAX, representing a spread of $6,000 with other exchanges. So much for avoiding those cr Continue reading >>

Getting Started - Bitcoin

Getting Started - Bitcoin

Using Bitcoin to pay and get paid is easy and accessible to everyone. Bitcoin is different than what you know and use every day. Before you start using Bitcoin, there are a few things that you need to know in order to use it securely and avoid common pitfalls. You can bring a Bitcoin wallet in your everyday life with your mobile or you can have a wallet only for online payments on your computer. In any case, choosing your wallet can be done in a minute. You can get Bitcoin by accepting it as a payment for goods and services. There are also several ways you can buy Bitcoin. There is a growing number of services and merchants accepting Bitcoin all over the world. You can use Bitcoin to pay them and rate your experience to help honest businesses to gain more visibility. Bitcoin does not require merchants to change their habits. However, Bitcoin is different than what you know and use every day. Before you start using Bitcoin, there are a few things that you need to know in order to use it securely and avoid common pitfalls. You can process payments and invoices by yourself or you can use merchant services and deposit money in your local currency or bitcoins. Most point of sales businesses use a tablet or a mobile phone to let customers pay with their mobile phones. Merchants often deposit and display prices in their local currency. In other cases, Bitcoin works similarly to a foreign currency. To get appropriate guidance regarding tax compliance for your own jurisdiction, you should contact a qualified accountant. There is a growing number of users searching for ways to spend their bitcoins. You can submit your business in online directories to help them easily find you. You can also display the Bitcoin logo on your website or your brick and mortar business. Continue reading >>

Build Your First Smartcontract

Build Your First Smartcontract

If youve seen technology news lately, youve likely noticed that Bitcoin and other cryptocurrencies have skyrocketed in price. In just 2017 alone, Bitcoin has seen a 2035.3% increase in price at the time of this writing. And, because many coins in the cryptocurrency market are highly correlated with Bitcoin, currencies such as Ethereum and Litecoin have seen equally spectacular jumps in price. Ethereum, for example, has seen a 6365.3% increase and Litecoin a 2775.49% increase. We know that Bitcoin is the king of crypto as of today, but its primary use at the moment is solely that of a currency. This is great for day-to-day payments, but we want more functionality; we want the ability to write software that will run ontop of a large, decentralized network like Bitcoins. To do this, we could create Bitcoin smart contracts, but Bitcoins smart contract language is limited and not very extensible. To get our smart contracts running on a vast decentralized network, well create smart contracts for the Ethereum blockchain. Ethereum is special, because its the first blockchain implementation to have a Turing Complete virtual machine built ontop of it. This means that an Ethereum smart contract can (theoretically) be used to accomplish any computational task. In more simpler terms, nearly any program can be run on of Ethereum. In this post, well walk through making a simple counter smart contract. The contract will be written in a programming language called Solidity , a language similar to JavaScript. Before we get started, you must have Ganache installed, which will be the tool well use to create a private blockchain that runs on our machine only. Youll also need to download your own copy of MyEtherWallet (the URL-hosted website wont work in this case). Note: Download etherwall Continue reading >>

Cramer Remix: Yes, Allergan Is The Anti-bitcoin

Cramer Remix: Yes, Allergan Is The Anti-bitcoin

You are using an older browser version. Please use a supported version for the best MSN experience. Cramer Remix: Yes, Allergan is the anti-bitcoin "Mad Money" host Jim Cramer pointed to the drug player for its lack of volatility, and said none of its redeeming qualities really matter to investors anymore. Cramer also sat down with the CEO of Boeing for a wide-ranging conversation on tax reform, growth, space and a more. In a separate segment on bitcoin, Cramer listed his five major worries about the digital currency. The stock of AllerganAGN seems to be on a one-way path of struggle and endless competition, CNBC's Jim Cramer said on Thursday. "It can't catch a break," the "Mad Money" host told a caller in the lightning round . " Sage Therapeutics has got a competitive drug to something that they may be doing for depression. The other day we saw another company, Revance [Therapeutics] , have a competitive product to Botox. Doesn't matter that the CEO, Brent Saunders, just bought a lot of stock. Nothing matters. This stock is a one-way stock." Cramer even compared Allergan's stock to bitcoin , the wildly popular digital currency that also seems to be on a "one-way" path to $20,000 and possibly beyond. Provided by CNBC Marc Benioff, Salesforce.com Chairman & CEO It's easy to call the market "crazy" or "irrational" in the face of an unexpected sell-off like the one that happened in the technology stocks this week, Cramer said on Thursday. "But the market's not crazy, nor is it irrational," he said. "In reality, traders tend to make wild over-generalizations. They act fast, they paint with too broad a brush and it's a mistake to assume that they really know what they're doing. In short, the market's often wrong." Even as tech stocks recovered later in the week, Cramer want Continue reading >>

Steam Puzzle Game Offering 1 Bitcoin To The First Person Who Can Beat It

Steam Puzzle Game Offering 1 Bitcoin To The First Person Who Can Beat It

Steam Puzzle Game Offering 1 Bitcoin to the First Person Who Can Beat It A puzzle game coming out soon on Steam promises to offer a single Bitcoin to the first person who can beat it. The developers of Montecrypto: The Bitcoin Enigma, Gem Rose Accent, will launch the $2 USD game on Steam on February 20. Players must traverse a maze in first-person and solve 24 different puzzles. The first player to finish all of the puzzles will receive one Bitcoin, which is currently worth a little over $9,800 USD. Montecrypto: The Bitcoin Enigma Screenshots Montecrypto: The Bitcoin Enigma Screenshots You can work with others to solve these puzzles, leave hints and clues behind for other players, or lead them down dead ends if you so choose. Motherboard reports the developers of the game want to remain anonymous until a winner is crowned. "We are trying to keep our identities secret for now," Gem Rose Accent said in a press release. "But we can say we are a group of game developers and that we had a crazy idea for a game." Gem Rose cite the infamous real-life On the Trail of the Golden Owltreasure hunt as a source of inspiration forMontecrypto.On the Trail of the Golden Owlis a French treasure hunting book published in 1993. Those who can unlock its clues and mysteries would find a buried golden owl, but it has remained unsolved all these years later. In related news, Steam has recently added updates to Steam Wishlists. You can read more about them here . Alex Gilyadov is a freelance writer for IGN. Be sure to check out his YouTube channel and follow him on Twitter . Continue reading >>

Bitcoin Cnn - Found Your Query On Forum Casinocobrasfc.com

Bitcoin Cnn - Found Your Query On Forum Casinocobrasfc.com

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Remixpoint Adds Bitcoin Payments With A Discount

Remixpoint Adds Bitcoin Payments With A Discount

Subscribe for our daily recaps of the ever-changing Crypto-currency market. Remixpoint Adds Bitcoin Payments With a Discount Remixpoint Adds Bitcoin Payments With a Discount One of the leading energy supplier of Japan Remixpoint is now supporting bitcoin payment. The service is integrated with bitcoin and the one who pays out the bill via Bitcoin payment shall be getting discount. Further bitcoin payment will be processed by companys crypto exchange subsidiary BitPoint. Remix point with TEPCO and Bitcoin payment service Remixpoint is established in March 2004 by listing itself in Tokyo Stock exchange. Present market capitalization of company is approximately 57 billion yen. Company involves in energy -related business operation including developing and selling energy management systems, selling energy-saving equipment, electricity retailing and energy conservation consulting. The RemixPoint has introduced retail electricity business centered on high voltage clients in TEPCO service area. The Tokyo electric Power Company Service area was developed in Feb 2016 and expanded across japan in August. Consequently, the company processed it in action on Oct 1 (the retail electricity business to service low-voltage consumer). Corporations, retailers and households shall come under low voltage consumers. With TEPCO service, company has introduced its new mode of payment via Bitcoin. It is now integrating Bitcoin as a payment to pay off electricity bill. The company furthermore offer this service at a discount those who are paying with cryptocurrency. Payment of utility bills in virtual currency has already been introduced. Bitpointcryptocurrency exchange is in consideration In order to complete virtual currency payment procedure, Bitpoint is adding support. Ir is a companys subs Continue reading >>

Coinbase Halts Trading After Volatile Bitcoin Price Fluctuation (updated)

Coinbase Halts Trading After Volatile Bitcoin Price Fluctuation (updated)

Coinbase halts trading after volatile bitcoin price fluctuation (updated) Bitcoin's price dropped from a high of $15,800 last night to a low of $10,800 this morning. At 11:11 AM ET, the cryptocurrency marketplace Coinbase temporarily disabled buying and selling for all currencies on its site. This came after wild surges in bitcoin's price in the last 24 hours: It plunged from a high of $15,800 late last night down to a low of $10,800 hours ago. Bitcoin's price has climbed back up to around $12,800 as of the time of publishing, and Coinbase noted that buying and selling may still be blocked. The latest update on the site's status page , which went up at 11:35 AM ET, reads , "Due to today's high traffic, buys and sells may be temporarily offline. We're working on restoring full availability as soon as possible." Coinbase had disabled buying and selling yesterday at 5:57pm ET according to its status page, but that issue had been resolved within 15 minutes, with no indication of cause. While other occasional temporary blocks in the last month have been logged, the last few days have seen an uptick in holds put on bitcoin, bitcoin cash and ethereum. Some of these incidents weren't explained, while others were explicit processing delays due to high transaction volume. Update: As of 1:44 PM ET, buying and selling bitcoin on Coinbase has been re-enabled . An update on the exchange's status page says the team is "monitoring for stability." [status] Monitoring: Buys and sells have been re-enabled. We are monitoring for stability. Continue reading >>

What Is A Blockchain? Explaining The Technology Behind Bitcoin

What Is A Blockchain? Explaining The Technology Behind Bitcoin

The tech industry is loaded with buzzwords. This app disrupts this, this program gamifies that. So when you hear about the blockchain you might assume that its similar jargon. Another hot term which no one really understands. But though the latter part of that sentence might be true, the word blockchain is indeed a thing. In fact, its one of the key technologies underlying Bitcoin . Blockchain is based on a simple idea: Creating an online ledger shared with everyone who uses a program that logs where things go and how theyre used. Its totally public and open, and the implications of the technology are fascinating. Blockchains are the tokens of trust in the cryptocurrency world: A blockchain is basically a tracking system. From the moment a Bitcoin or a Litecoin or any cryptocurrency is mined, its entered on the blockchain. Whenever its bought and sold, divvied up into bits, or anything else happens to it, its entered on the ledger. And everybody involved in the currency has a copy of this ledger, so you cant pretend you have someone elses coin; they can just pull out the ledger and see where it really is. For any trade to happen, in a cryptocurrency, the ledgers have to match exactly. In other words, blockchains let you swap things directly with confidence: Think about it: When you use money, theres usually an institution in the middle, a government issuing a currency, a bank doing the accounting and issuing a debit card, and so on. Blockchains take out the institution in the middle, and automate all the stuff they normally do, like checking for forgeries and ensuring the buyer and the seller are on the up-and-up. Its not perfect, but it is useful. Blockchains probably arent replacing your bank, but that doesnt mean they arent important: It doesnt really take a lot to Continue reading >>

Offset Is Trying To Figure Out Bitcoin, Too

Offset Is Trying To Figure Out Bitcoin, Too

Offset is trying to figure out Bitcoin, too The rapper mentioned his investments, which may include cryptocurrency, when speaking with Rolling Stone in December. Cryptocurrencies, which experienced a surge of popularity in late 2017, have seen their value plummet since January began. The massive loss of value could have included investments from Migos member Offset , who expressed an interest in Bitcoin during an interview with Rolling Stone , conducted in December. "I don't want to be one of those rappers who had it but right now they be on a TV show to keep them going," Offset told Rolling Stone. "I would rather be out the scene, getting my money on Bitcoin." The rapper declined to disclose how much he had invested in the cryptocurrency, but did summarize a $170,000 profit he made flipping five houses in Atlanta. No matter how much money Offset invested, it's unlikely to make a significant dent in his personal finances: the new Migos album Culture II is out January 26, with its single "MotorSport" peaking at No. 6 on the Billboard Hot 100. The album follows Without Warning , Offset's collaborative project with Metro Boomin and 21 Savage. Continue reading >>

What Is Bitcoin? Everything You Need To Know About How Bitcoin Works

What Is Bitcoin? Everything You Need To Know About How Bitcoin Works

If youve read any news about Bitcoins value surging, its likely that the terminology alone might have complicated your understanding. But when you start from the beginning of the cycle, the terms start to make a lot more sense. Using Bitcoin starts with installing a Bitcoin wallet (also digital, of course) on your computer or mobile devicebecause you cant have money unless you have somewhere to store it. Once installed, your wallet will generate your first Bitcoin address. This address, according to Bitcoin.org , functions like an email addressyou can give it out to friends so that they can pay you and vice versa. The key difference is that you should only use an address once for security purposes. How does Bitcoin trace balances of individual wallets? By using what is known as a blockchain, a shared and continually growing public ledger that connects the entire Bitcoin network. Each record is called a block and is securely linked using cryptography. Transactions in Bitcoin are completed by transferring value between Bitcoin wallets. Each transaction is deemed legitimate with a secret piece of data called a private key. Each wallet has a private key, which acts like a signature on individual transactionssimilar to signing a check before you deposit it. Its more pseudonymous than anonymous. If youre using Bitcoin to pay for something online, for example, your addresswill appear when sending and receiving transactions, much like your email address appears when you send or receive emails. If wanting to maintain anonymity with your Bitcoin purchases, its recommended that you use a new address with each transaction to keep the process from being linked to a common owner. Keep in mind that all transactions on the blockchain are a part of a public ledgerthat means everyone ca Continue reading >>

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