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Bitcoin News Feed [07 Jan 2017] - Phase II by arnob

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· @arnob ·
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Bitcoin News Feed [07 Jan 2017] - Phase II
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<h1>Top Trends Pushing Bitcoin Towards The Mainstream</h1>
<p><img src="https://news.bitcoin.com/wp-content/uploads/2017/01/trend-mainstream-bitcoin-640x426.png" width="640" height="426"/></p>
<p>&nbsp;Like a pack of predators in the night, bitcoin is creeping up &nbsp;into mainstream use from multiple different angles. From the poorest in &nbsp;developing countries to the top banks alike, the digital currency is &nbsp;being used in every stratum of humanity. Bitcoin.com explores some of &nbsp;the biggest use cases that could propel bitcoin to mainstream usage. .......... <a href="https://news.bitcoin.com/top-trends-pushing-bitcoin-mainstream/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Is Bitcoin the Currency of Artificial Intelligence?</h1>
<p><img src="https://news.bitcoin.com/wp-content/uploads/2017/01/shutterstock_545099938-640x427.jpg" width="640" height="427"/></p>
<p>&nbsp;What if robots are self-sovereign entities and they can own property, own money, have legal rights and so forth? “There’s actually a lot of precedence &nbsp;for that,” says Jeff Garzik, bitcoin developer and CEO of Bloq, &nbsp;enterprise blockchain developer with emphasis on networks like bitcoin. &nbsp;“It’s been assumed as inevitable that robots will exist and they will &nbsp;own property.” &nbsp;Mr. Garzik believes&nbsp;robots could one &nbsp;day be considered legal persons, and even trade bitcoins. The bitcoin &nbsp;developer cites&nbsp;how corporations enjoy legal personhood. ..... <a href="https://news.bitcoin.com/bitcoin-currency-artificial-intelligence/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Director Cannucciari on Making “Banking on Bitcoin”</h1>
<p><img src="https://news.bitcoin.com/wp-content/uploads/2016/12/shutterstock_544099954-1-640x428.jpg" width="640" height="428"/></p>
<p>&nbsp;A feature film on Bitcoin, called “<a href="https://www.facebook.com/bankingonbitcoin/">Banking on Bitcoin</a>”, &nbsp;is set&nbsp;to be released on January 6, 2017.&nbsp;Produced by Gravitas &nbsp;Ventures, the film will cover many of the space’s best-known players, &nbsp;such as&nbsp;Charlie Shrem,&nbsp;Barry Silbert, Erik Voorhees, Nathaniel Popper &nbsp;and more. .... <a href="https://news.bitcoin.com/director-cannucciari-on-making-banking-on-bitcoin/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Chinese Bitcoin Exchange BTCC Responds to PBOC’s Statement</h1>
<p><img src="https://media.coindesk.com/uploads/2016/10/btcc-bitcoin-e1477325469125.jpg"/></p>
<p>&nbsp;Following a meeting between the &nbsp;People’s Bank of China and representatives of BTC China, OKCoin and &nbsp;Huobi, which in combination account for some 90% of bitcoin trading &nbsp;volumes, BTCC has e-mailed CCN an official statement in reply to our &nbsp;request for comments: “BTCC regularly meets with the People’s &nbsp;Bank of China and we work closely with them to ensure that we are &nbsp;operating in accordance with the laws and regulations of China. ..... <a href="https://www.cryptocoinsnews.com/chinese-bitcoin-exchange-btcc-responds-pbocs-statement/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Vinny Lingham: Bitcoin is Close to Being the Global Currency</h1>
<p><img src="https://i.ytimg.com/vi/ATD-KVjJVI8/maxresdefault.jpg" width="1296" height="819"/></p>
<p>&nbsp;The last 12 months have solidified &nbsp;bitcoin’s crucial role in the global economy. Investors and traders have &nbsp;relied on the digital currency to protect their wealth and avoid &nbsp;economic and financial crisis resulting from excessive government &nbsp;monopoly over current monetary systems. &nbsp;Indian government’s decision to &nbsp;demonetize 500 and 1,000 rupee banknotes led to one of the worst &nbsp;economic disasters in recent history, essentially halving the economy’s &nbsp;cash circulation and causing a nationwide financial turmoil. .... <a href="https://www.cryptocoinsnews.com/vinny-lingham-bitcoin-close-global-currency/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Bitcoin Exchange Huobi’s Staff Threatened by Disgruntled Trader</h1>
<p><img src="https://www.okchanger.com/trading-platforms/preview-file/1404" width="380" height="220"/></p>
<p>&nbsp;Huobi, one of the biggest and &nbsp;most liquid bitcoin exchange, stands accused of “intentionally pull[ing] &nbsp;off the network cable” whenever “the market is hot.” The site is so &nbsp;slow during market moves, the accuser says, “traders can’t do anything &nbsp;but shed tears.” .... <a href="https://www.cryptocoinsnews.com/huobis-staff-threatened-over-exchange-trading-trickery/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Breaking: China’s Central Bank Weighs in on Bitcoin Price Rollercoaster</h1>
<p><img src="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i3bJa5nefnf4/v1/-1x-1.jpg" width="630" height="420"/></p>
<p>&nbsp;Reports are coming in that officials &nbsp;from the People’s Bank of China (PBOC) jointly with the Shanghai’s &nbsp;Financial Office met with the head of BTC China. Following “abnormal &nbsp;price fluctuations” and “to guard against risks and maintain financial &nbsp;stability,” the Chinese authorities wanted to understand the operation &nbsp;of the trading exchange and: ....&nbsp;</p>
<p><a href="https://www.cryptocoinsnews.com/china-pboc-bitcoin-btcc/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Time for a Blockchain Digital Currency, Says Indian Central Bank’s Research Arm</h1>
<p><img src="http://im.rediff.com/money/2012/jan/11rbi1.jpg" width="450" height="287"/></p>
<p>&nbsp;In a significant endorsement of &nbsp;blockchain technology, bitcoin’s underlying innovation, the research arm &nbsp;of the Reserve Bank of India (RBI) – India’s central bank – has tested &nbsp;blockchain solutions for core banking processes in the country. More &nbsp;notably, researchers have determined that blockchain technology has &nbsp;“matured enough” to be the core technology to support the digitization &nbsp;of India’s fiat currency, the rupee. .... <a href="https://www.cryptocoinsnews.com/blockchain-digital-currency-india/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>2017 - The Year Bitcoin Finally Breaks Free</h1>
<p><img src="https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy82MDAxOWU0ZDMyOWFlMWI4YWVhNTE2ZDZkMDBmZmU3My5qcGc=.jpg" width="725" height="483"/></p>
<p>&nbsp;Bitcoin is set for a bullish market, <a href="https://cointelegraph.com/news/ethereum-to-become-worlds-best-performing-currency-in-2016-bitcoin-second">Ethereum is here to stay</a>, &nbsp;traditional investment vehicles and cryptocurrencies will marry and &nbsp;Blockchain awareness shall grow globally, according to an expert. The year 2016 saw an influx of Blockchain startups, with &nbsp;Ethereum showing a lot of promise before the DAO breach. As 2017 begins, &nbsp;<a href="https://cointelegraph.com/news/btccs-bobby-lee-bitcoin-can-reach-7000-if-it-breaks-ath-1300">Bitcoin has broken the $1000 mark</a> and will achieve a new level of market capitalization. ..... <a href="https://cointelegraph.com/news/2017-the-year-bitcoin-finally-breaks-free">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Study: Bitcoin’s Volatility to Level With Fiat by 2019</h1>
<p><img src="https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kOGQ0Nzg1NmI5NzIyYmFlOTY0ODUwZmJiZmUwMmIxOC5qcGc=.jpg" width="725" height="483"/></p>
<p>&nbsp;The <a href="https://cointelegraph.com/tags/volatility">volatility</a> &nbsp;of Bitcoin is forecasted to reach a similar level as other current fiat &nbsp;currencies by 2019, says a new study by Chappuis Halder &amp; Co. It &nbsp;looked into whether the digital currency’s price can be forecasted like &nbsp;any other asset. ..... <a href="https://cointelegraph.com/news/study-bitcoins-volatility-to-level-with-fiat-by-2019">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Hope is Priceless: Why Bitcoin’s $1000 Value Matters</h1>
<p><img src="https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9lMGQyM2YwZjEyM2Y5ZmZiYzczMGJmMmRhOTI2MjIwOC5qcGc=.jpg" width="725" height="483"/></p>
<p>&nbsp;The end of 2016 and the beginning of 2017 was a cause for &nbsp;celebration for Bitcoin users. In January the price went as far as &nbsp;$1,161 <a href="https://cointelegraph.com/news/bitcoin-price-surges-past-1178-chinese-exchanges-break-all-time-high">surpassing the highs seen in 2013</a>. The euphoria in the Bitcoin community is obvious. However, does this level of $1000 matter? ...... <a href="https://cointelegraph.com/news/hope-is-priceless-why-bitcoins-1000-value-matters">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Scaling in 2017: Coinbase’s Brian Armstrong Lends Support to SegWit</h1>
<p><img src="https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kMWRjOTUyZWQ4MDEwYTBiNmI1M2JiZDAzMzI3MWE0Ny5qcGc=.jpg" width="725" height="483"/></p>
<p>&nbsp;Coinbase CEO Brian Armstrong is the latest cryptocurrency industry figure to lend support to <a href="https://cointelegraph.com/news/bitcoin-block-size-and-scaling-issues-may-be-solved-with-this-new-solution">Segregated Witness</a>, hereinafter SegWit, technology as <a href="https://cointelegraph.com/news/the-human-impact-of-bitcoins-scaling-problems">Bitcoin’s future</a>. In a tweet Thursday, Armstrong stated he thought the technology, which has traditionally struggled to find <a href="https://cointelegraph.com/news/segwit-great-for-bitcoin-says-btcc-coo-as-major-exchange-supports-the-solution">wider community support</a>, can “help the industry move forward.” ....&nbsp;</p>
<p><a href="https://cointelegraph.com/news/scaling-in-2017-coinbases-brian-armstrong-lends-support-to-segwit">[Read Full News]</a></p>
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vote details (43)
@cryptocash ·
nice post!!!
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@rossenpavlov ·
nice comment!!!
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@screenname ·
Re: Bitcoin News Feed [07 Jan 2017] - Phase II
<p>This post has been ranked within the top 80 most undervalued posts in the first half of Jan 07. We estimate that this post is undervalued by $4.02 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-jan-07---part-i">The Daily Tribune: Jan 07 - Part I</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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