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  • The Single Easiest Way To Understand Precious Metal’s Value, par Bethel, 27 June 2017

    Tuesday 27 June 2017 :: Silver For The People - The Blog » bitcoin :: RSS
    milesfranklin.com / by Andrew Hoffman / Jun 27, 2017
    I have lots of “PiMBEEB,” or Precious-Metal-bullish, everything-else-bearish, topics to discuss – to the point that I could easily pen three or four articles.  And trust me, I could easily do so; as in my quest, and the Miles Franklin Blog’s in general, to disseminate TRUTH – and in the process, end the gold Cartel’s world-destroying reign – I have indisputably published more Precious Metal commentary than anyone on the planet.  As in, roughly 250 articles per year, atop at least 100 podcasts, for many, many years.
    No matter how much ignominy I am forced endure – like yesterday’s paper gold “flash crash” – which the captive, brain-dead MSM actually called a “mistake” – it’s been worth every second of it; as the Precious Metal community, a “band of monetary rebels” with an iron constitution; and unwavering desire to end the greatest ill the planet has ever known, fiat currency; has introduced me to some of the best people I have known.  And better yet, now that I am an equally passionate Bitcoin devotee, I have found a whole new cadre of anti-establishment, anti-fiat currency “freedom fighters” to network with, making it doubly exciting to awaken each morning.
    I cannot wait to get to today’s principal topic – so much so, I actually considered putting it ahead of the day’s extremelyPiMBEEB events.  However, in the spirit of structure; the virtue of anticipation; and most importantly, the necessity of focusing on the political, economic, and monetary dangers facing us, I’m going to hold off until the end.  Trust me, after reading the “preliminaries,” you’ll be better mentally prepared to embrace it!  Starting with…
    READ MORE
    The post The Single Easiest Way To Understand Precious Metal’s Value appeared first on Silver For The People. Read more Bethel
  • Poloniex May Have Known Trouble Was on the Horizon, 27 June 2017

    Tuesday 27 June 2017 :: Alltop RSS :: RSS
    Poloniex bitcoin Exchange Issues may have been foreseen by staff as much as 30 days prior to events unfolding. A May 16th Post hints at issues.
    The post Poloniex May Have Known Trouble Was on the Horizon appeared first on CoinStaker | Cloud Mining Services Monitor. Read more
  • Poloniex May Have Known Trouble Was on the Horizon, 27 June 2017

    Tuesday 27 June 2017 :: Alltop - bitcoin :: RSS
    Poloniex bitcoin Exchange Issues may have been foreseen by staff as much as 30 days prior to events unfolding. A May 16th Post hints at issues.
    The post Poloniex May Have Known Trouble Was on the Horizon appeared first on CoinStaker | Cloud Mining Services Monitor. Read more
  • See you in 2023 – Bitcoin exchange Coin.mx bigwig gets 66 months in the slammer, par Shaun Nichols, 27 June 2017

    Tuesday 27 June 2017 :: The Register :Bitcoins :: RSS

    Murgio gets off easy in money laundering case


    A kingpin of the ill-fated Coin.mx Bitcoin exchange was today handed a 66-month prison sentence for conspiracy, fraud, and money laundering. Read more Shaun Nichols
  • gmaxwell commented on pull request bitcoin/bitcoin#10631, par gmaxwell, 27 June 2017

    Tuesday 27 June 2017 :: gmaxwell’s Activity :: RSS
    Jun 27, 2017 gmaxwell commented on pull request bitcoin/bitcoin#10631 @sipa I thought the value of adding override is catching some bugs that would arise through renames. As a result blinding adding it wouldn't be a g… Read more gmaxwell
  • Russia's Crypto-Winter Shows Signs of a Thaw in Saint Petersburg, par Aaron van Wirdum, 27 June 2017

    Tuesday 27 June 2017 :: Bitcoin Magazine :: RSS
    stpetersburg.jpg

    A mixed crowd of denim jeans and custom-tailored suits, typical for crypto-events, is standing across the vertical aisle of the the main conference area at the Blockchain & Bitcoin Conference in Saint Petersburg, blocking the line of sight for those lucky enough to have snatched themselves a chair in the back. The hall, while spacious — high ceiling, tall arched windows partly covered with ASIC mining billboards — still isn’t quite large enough to fit all interested visitors.

    The speaker on stage works for Alfa Bank, one of the biggest banks in Russia. The financial sector in the former Soviet block is taking as much interest in Bitcoin and, of course, blockchain technology as anywhere else is. Having skipped Russia’s second-biggest city for the past two years, Smile-Expo re-introduced its Eastern European conference tour in Saint Petersburg last Thursday.
    “The event had over 600 visitors, 25 exhibitors and some 20 speakers. Four of those work for Russia’s largest financial institutions,” event organizer Pavol Likhomanov told Bitcoin Magazine. “Entrepreneurs and finance professionals are increasingly taking this technology seriously. This is evident from the turnup here in Saint Petersburg; and we’ve seen year-over-year growth in interest at our Moscow event as well.”
    This interest is not necessarily self-evident. It was only in 2014 — indeed, around the time of the last Saint Petersburg conference — that Russia seemed to emerge as one of the most crypto-hostile nations on the globe. In an attempt to curb criminal activity, the Putin administration introduced draft legislation that would essentially ban any use of cryptocurrencies. Not much later, access to a number of Bitcoin websites, including bitcoin.org, was blocked in the country.
    But so far, the proposed law has never actually been implemented.
    “Bitcoin and cryptocurrencies still have no legal status in Russia,” Artem Tolkachev told Bitcoin Magazine. The director of Deloitte Russia’s legal services for technology projects was one of the headline speakers at the event, where the legal implications of blockchain technology represented a big chunk of the morning program.
    “The central bank considers cryptocurrency like bitcoin a money surrogate, which is a progressive stance. But the Ministry of Finance is more conservative. They don’t like anything they don’t understand and cannot control,” he said. “And Russian policymakers are not always very open-minded. They prefer to have their own internet … their own currency.”
    Needless to say, Bitcoin is not a great fit in such a worldview.

    The Thaw


    But the initial icy stance on digital currencies seems to be getting a bit less frosty these days.
    It was only a couple of weeks ago that Russian president Vladimir Putin met Ethereum creator Vitalik Buterin at the International Economic Forum, also held in Saint Petersburg. In the widely reported event, within the crypto-sphere at least, the president was said to have “supported the idea of establishing ties with possible Russian partners” — referring to Buterin’s technology pitch.
    The announcement has been interpreted as a sort of preliminary green light for Russian blockchain entrepreneurs and investors. While not quite an official endorsement from the Kremlin, let alone formal regulation, it’s been a hopeful sign nonetheless.
    But until it’s official, Russian cryptocurrency users across the halls in the historic Vedensky Hotel, the site of last week’s event, remain reserved.
    “The Russian market is volatile,” Timur, a former forex trader, told Bitcoin Magazine. He offers a platform that allows Russian brokers to trade on behalf of their clients, Russian cryptocurrency speculators. Speaking from his exhibit stand in Saint Petersburg, he explained: “We never know for sure if what’s accepted today will be legal tomorrow. Official policy could change at a whim.”
    That’s why his company sets customers up with foreign bank accounts in Switzerland, or Lithuania, or maybe offshore. The coins themselves — bitcoin, litecoin, ether — never leave the exchange where they are traded.
    And these exchanges are not in Russia either … at least not officially. Incorporating abroad is a typical strategy for Russians and their cryptocurrency startups.

    Mining


    It’s not just traders and the finance sector that are taking an interest. Bitcoin mining is growing in Russia too.
    This is perhaps most evident from the rise of mining pool BitClub Network over the past months. While officially established outside of Russia, the team works from Kazan, a city to the east of Moscow. Already one of the biggest non-Chinese miners on the Bitcoin network, BitClub Network’s founder — he’s casually wearing a T-shirt emblazoned with an image of Putin — assured Bitcoin Magazine his will be a top-five pool by the end of the year. At least, that’s what one of his employees translated into English, his smartphone showing videos of data centers full of humming ASIC miners.
    Russian miners are now setting up data centers such as these in the east of Russia, Alex of mining service provider MyRig told Bitcoin Magazine. “The temperature in Irkoetsk, for example, is ideal for Bitcoin mining: it can be -40 degrees Celsius. Meanwhile, electricity is cheap. There’s a big raw material industry, but with the crisis, some factories are out of use. With energy to spare, miners are starting to fill that void.”
    MyRig, a rebranding of Bitmain Warranty (not to be confused with Bitmain), is not the only mining business at the Saint Petersburg conference. The company is vying for attention with several competitors in one of the exhibition rooms. One of them sells entire containers full of equipment, not unlike BitFury’s mobile data centers. Another is re-selling Antminers, the best-selling Bitmain machines.
    “But to mine bitcoin in Russia at scale, you do still need to have the right connections,” Alex continues. “If you don’t know your way around local policymakers you risk being shut down.” Though with the increase in profits that the mining sector has seen over the past half year or so, the “big dicks” are entering the space, Alex said. “The guys with lots of money — and lots of connections. I’d expect mining in Russia to continue to grow significantly over the next year.”
    And official regulation should be coming too, Deloitte’s Tolkachev said. A draft bill for cryptocurrency should be introduced within a few months, and could be approved by early 2018. This could bring some much-desired regulatory clarity for Russians wanting to open cryptocurrency-related businesses and otherwise openly engage in the industry without needing to work around the existing legal structure.

    That is, visitors in the Vedensky Hotel generally seemed to agree, unless Putin changes his mind.

    The post Russia's Crypto-Winter Shows Signs of a Thaw in Saint Petersburg appeared first on Bitcoin Magazine. Read more Aaron van Wirdum
  • Comment clarifications in coins.cpp, par morcos, 27 June 2017

    Tuesday 27 June 2017 :: Commits - bitcoin:master :: RSS
    Comment clarifications in coins.cpp Read more morcos
  • Six quick facts to know about the Petya global ransomware attack, par Zack Whittaker, 27 June 2017

    Tuesday 27 June 2017 :: bitcoin on zdnet :: RSS
    This is what you need to know -- right now. Read more Zack Whittaker
  • Bitcoin Exchange Operator Sentenced to Five-and-a-Half Years in Prison, par Stan Higgins, 27 June 2017

    Tuesday 27 June 2017 :: CoinDesk :: RSS
    The former operator of the now-defunct bitcoin exchange Coin.mx has been sentenced to five-and-a-half years in prison.
    Source Read more Stan Higgins
  • gmaxwell commented on pull request bitcoin/bitcoin#10653, par gmaxwell, 27 June 2017

    Tuesday 27 June 2017 :: gmaxwell’s Activity :: RSS
    Jun 27, 2017 gmaxwell commented on pull request bitcoin/bitcoin#10653 A pity no one brought this up at the IRC meeting two weeks ago when this was discussed 12:46 BTW, did we consider a generic JSON-RPC … Read more gmaxwell
  • gmaxwell commented on pull request bitcoin/bitcoin#10679, par gmaxwell, 27 June 2017

    Tuesday 27 June 2017 :: gmaxwell’s Activity :: RSS
    Jun 27, 2017 gmaxwell commented on pull request bitcoin/bitcoin#10679 Please document how it's not DER conformant too. Read more gmaxwell
  • sipa commented on pull request bitcoin/bitcoin#10684, par sipa, 27 June 2017

    Tuesday 27 June 2017 :: sipa’s Activity :: RSS
    Jun 27, 2017 sipa commented on pull request bitcoin/bitcoin#10684 ACK, can always be added back later if needed. Read more sipa
  • sipa commented on pull request bitcoin/bitcoin#10558, par sipa, 27 June 2017

    Tuesday 27 June 2017 :: sipa’s Activity :: RSS
    Jun 27, 2017 sipa commented on pull request bitcoin/bitcoin#10558 This does not look like valid C++. Read more sipa
  • ‘NotPetya’ Ransomware Locking Down Computers Across the World, par Ryan Whitwam, 27 June 2017

    Tuesday 27 June 2017 :: ExtremeTech » Bitcoin :: RSS
    notpetya

    The highest rate of NotPetya infection appears to be in Ukraine, where multiple government systems have been locked down.
    The post ‘NotPetya’ Ransomware Locking Down Computers Across the World appeared first on ExtremeTech. Read more Ryan Whitwam
  • Add belt-and-suspenders in DisconnectBlock, par morcos, 27 June 2017

    Tuesday 27 June 2017 :: Commits - bitcoin:master :: RSS
    Add belt-and-suspenders in DisconnectBlock These extra variables were previously checked before the move to per-txout database. Read more morcos
  • Bitcoin Mining graphics cards released by ASUS, Sapphire with NVIDIA, AMD inside, par Chris Burns, 27 June 2017

    Tuesday 27 June 2017 :: SlashGear » bitcoin :: RSS
    It would appear that one of the biggest names in PC hardware has joined the Cryptocurrency universe with their own mining-friendly graphics cards. ASUS Mining RX 470 and Mining P106 both use NVIDIA GeForce GTX technology to run as efficiently as possible to mine the most cryptocoin for the smallest cost. These cards are “engineered especially for coin mining” and … Continue reading Read more Chris Burns
  • sipa commented on pull request bitcoin/bitcoin#10685, par sipa, 27 June 2017

    Tuesday 27 June 2017 :: sipa’s Activity :: RSS
    Jun 27, 2017 sipa commented on pull request bitcoin/bitcoin#10685 ACK Read more sipa
  • Clarify CCoinsViewMemPool documentation., par TheBlueMatt, 27 June 2017

    Tuesday 27 June 2017 :: Commits - bitcoin:master :: RSS
    Clarify CCoinsViewMemPool documentation. Thanks to @sdaftuar for correcting my misunderstanding. Read more TheBlueMatt
  • Florida bitcoin processing boss gets 5 1/2 years in prison, 27 June 2017

    Tuesday 27 June 2017 :: CNBC bitcoin :: RSS
    NEW YORK— A Florida man was sentenced to 5 1/ 2 years in prison by a judge who said he used a "pyramid of lies" to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa, pleaded guilty earlier this year to conspiracy charges, admitting he knew he was acting illegally when he enticed friends and... Read more
  • Supremes Approve Trump Travel Ban 9-0, par Stefan B, 27 June 2017

    Tuesday 27 June 2017 :: FSN » bitcoin :: RSS
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    from The Still Report

    – Trade Genius: The safe, sure way to trade.
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    Good afternoon, I’m still reporting on: Supremes Approve Trump Travel Ban 9-0, 1687
    Synopsis: This morning on Fox & Friends, Judge Andrew Napolitano explained genius of how Chief Justice Kennedy structured the rare unanimous 9 to zero decision by the US Supreme Court in upholding the constitutionality of President Trump’s travel ban.
    Although the decision stated that the case would be revisited by the court after the summer recess – like probably in October – wait until you see the loophole they used to in effect make this approval of President Trump’s ban permanent.
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    Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the “Still Report”, the quintessential report on the economy and Washington.
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  • Something called Ethereum is suddenly all over the news — here's what the bitcoin rival is all about, par Frank Chaparro, 27 June 2017

    Tuesday 27 June 2017 :: Business Insider: Bitcoin :: RSS
    Screen Shot 2017 06 27 at 9.51.31 AM

    Just when you thought you had your head around bitcoin, along comes Ethereum.

    The word has been in a lot of headlines lately — as the cryptocurrency world's new favorite thing soared in value. To be more specific, the price of something called an ether token is up over 3,000%.

    Bitcoin, which is far more widely known as an alternative 'currency', is up about 141% so far this year. 
    But what exactly are ether tokens and Ethereum? And how is it different than bitcoin? We've broken it down for you. 

    Is it just like Bitcoin?


    The reason you've been hearing about bitcoin for years, but Ethereum only recently is that the latter was only developed two years ago while bitcoin's been around for almost eight years. Ethereum was created by Vitalik Buterin, a young programmer who was told about bitcoin by his father and decided to create a platform for smart contracts; which bitcoin is not designed to do. The Moscow native began working on Ethereum after he dropped out of college, according to CNBC.

    Ether tokens and bitcoin are called cryptocurrencies because they can be only be bought and sold digitally, are used to pay for things (including pre-school tuition), and because they fall outside of the control of central banks and other government entities that might control a national currency.

    They're b
    uilt on a technology called blockchain. That's a kind of ledger that records and verifies transactions made on it. All transactions made on these so-called decentralized networks are public and not controlled by one governing entity. Lately, the idea that both sides of a party — say two banks that buy and sell shares from each other — can get an accurate and verifiable record of the transaction instantly, has gripped Wall Street and other institutions as something that can be used in lots of ways.
    There are multiple ways you can acquire ether tokens. You can buy them on an exchange just like you would any investment. Or you can use a computer to "mine" for them by solving complex math problems using computer software. These math problems get more complex as more coins are mined, in order to control the supply.

    There's a key difference between ethereum and bitcoin. Bitcoin was designed to be a currency from the start. 

    But Buterin conceived of Ethereum as a platform on which two parties could enter into a contract without a third party, according to Paul McNeal, a Bitcoin Evangelist and long-time cryptocurrency investor.
    These so-called smart contracts create trust between two parties. The Ethereum platform is powered by ether tokens, according to The Huffington Post, and can be used as both a currency and can "represent virtual shares, assets, proof of membership, and more." Its numerous applications are partially responsible for its popularity and recent rise.

    Gaining Steam


    Screen Shot 2017 06 27 at 11.22.47 AMIn June, Ethereum was positioned to surpass bitcoin as the world's largest cryptocurrency by market cap, according to Coindesk. Ether currently trades at $233, but in mid-June it was trading at nearly $400. It's market value got close to 82% of bitcoin's. That number has since shrunk to less than 70%.
    Its upward march was underpinned by a spike in interest by big Wall Street and tech firms into the cryptocurrency. According to Coindesk, JPMorgan Chase, Microsoft, and a number of other firms joined forces in February to create the Enterprise Ethereum Alliance. The collaborative venture aims to use the Ethereum platform to integrate blockchain solutions into their infrastructures. 
    survey recently cited by Nathaniel Popper in The New York Times indicates that businesses are far more bullish on Ether, and the future usage of ethereum, than bitcoin. Almost 94% of surveyed firms said they feel positive about the state of Ether tokens. Only 49% of firms surveyed had a positive feeling about bitcoin. 
    MGT Capital, the company run by John McAfee, is one such firm. It said it would start to mine Ethereum in its latest bid to turn a profit. "We are more convinced each day of the growth and value of digital currencies, and our company is uniquely positioned to be a leading provider of processing power to relevant blockchains," McAfee said in a statement.
    Join the conversation about this story »
    NOW WATCH: A $16B hedge fund CIO explains what it takes to work at a hedge fund today Read more Frank Chaparro
  • Anti Trump is Collapsing, par Stefan B, 27 June 2017

    Tuesday 27 June 2017 :: FSN » bitcoin :: RSS
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    Good morning, I’m still reporting on: Anti Trump is Collapsing, 1686
    Synopsis: I love it when Tucker Carlson has on his program on Fox, military historian, professor Victor Davis Hanson, to provide the 50,000-foot view of ongoing events.
    Well, to me, the dam-breaking event was the Supremes providing President Trump with a unanimous victory on the constitutionality of his travel ban on the same day that three CNN reporters were drummed out of Fake News headquarters as though that’s going to mend their ways.
    Savvy Democrats are starting to jump ship before it’s too late – first of all, turning on former Attorney General Lynch, and now even turning on their previous fake Commander-in-Chief, President what’s-his-name Obama.
    And that’s where Tucker and Prof. Hanson came last night.
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    Considered by informed insiders’ as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and today’s United States political climate. Please Like, Comment & Share.
    Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the “Still Report”, the quintessential report on the economy and Washington.
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    https://youtu.be/LxDxf7Op5qI Read more Stefan B
  • New ransomware attack quickly spreads to 65 countries, par Eric David, 27 June 2017

    Tuesday 27 June 2017 :: SiliconANGLE » bitcoin :: RSS
    Updated Wednesday Numerous businesses and government organizations across Europe and elsewhere have been hit by another major ransomware attack, which locks down vital files unless the victim pays the attackers money to release them. Reports put the number of countries to which the malware had spread to 65 countries, according to an assessment by Microsoft Corp. There was […]
    The post New ransomware attack quickly spreads to 65 countries appeared first on SiliconANGLE. Read more Eric David
  • Keiser Report: Green Gold (E1089), par Stefan B, 27 June 2017

    Tuesday 27 June 2017 :: FSN » bitcoin :: RSS
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    from RT

    Check Keiser Report website for more: http://www.maxkeiser.com/
    In this episode of the Keiser Report from Mexico City Max and Stacy discuss ‘green gold’, grasshoppers and inflation in Mexico. In the second half Max interviews Jose Rodriguez, VP of payments at Bitso, about bitcoin and other cryptocurrencies impact on the Mexican markets. They discuss initial coin offerings, hard forks, soft forks and crypto euphoria.
    WATCH all Keiser Report shows here:
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    RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark. Read more Stefan B
  • Remove no longer used mempool.exists(outpoint), par morcos, 27 June 2017

    Tuesday 27 June 2017 :: Commits - bitcoin:master :: RSS
    Remove no longer used mempool.exists(outpoint) Read more morcos
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