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[](http://steemitboard.com/@manu85) Award for the number of comments received
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)
If you no longer want to receive notifications, reply to this comment with the word `STOP`
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title | "CryptoDigest@Steem Friday, September 22, 2017" |
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body | "<a href="http://zentrade.online/bitcoin-news-digest-friday-september-22-2017/"><img alt="CryptoDigest@Steem Friday, September 22, 2017" src="http://zentrade.online/wp-content/uploads/2017/09/btc_steem-21.png"></a><br><br><p>Dear Steemians!<br><br>Here is the daily press review for bitcoin and other crypto currencies.</p>
<p><b>Form Support | JotForm Online Form Builder</b><br>At JotForm, we want to make sure that you’re getting the online form builder help that you need. Our friendly customer support team is available 24/7. We believe that if one user has a question, there could be more users who may have the same question. This is why many of our support forum threads are public and available to be searched and viewed. If you’d like help immediately, feel free to search for a similar question, or submit your question or concern. (jotform.com)</p>
<p><b>Dimon Knocks Bitcoin Again: Crackdown Likely on 'Worthless' Cryptocurrency</b><br>"We already have digital currencies ... you can have digital rupee, so I am not against digital currencies," he said. Expanding on his recent criticism of bitcoin, the CEO of JPMorgan Chase bank is again out in the media warning "it will end badly" for the tech. Notably, Dimon is now being accused of spreading false and misleading information in a market complaint by Blockswater, a company in Sweden. "Governments now look at it like it's a novelty but the bigger it gets the less of a novelty it becomes." The new remarks follow a polarizing statement made by Dimon last week, when he openly called bitcoin a "fraud" and that he would fire any employee for trading it. (coindesk.com)</p>
<p><b>Radical Academy: Amir Taaki's New Hacker Team Is Spreading Bitcoin in Syria</b><br>"And to people's personal sense of fulfillment, and bitcoin ... is a big tool that we use to challenge the power of central banks." In his first interview about a new unnamed project – which he simply calls "the academy" – Taaki laid out his plan to convert an entire region in northern Syria to a bitcoin-based economy. Central banks, though, he does have a beef with. Lugging an AK-47, fighting ISIS in Syria – Amir Taaki has seen some shit. Now, emerging from his latest chaotic period, he's promoting the idea that the cryptocurrency needs to be taken back from central banks, governments and other powers that be. (coindesk.com)</p>
<p><b>Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon</b><br>Meanwhile, a company called Blockswater has filed a market abuse complaint in Sweden against Dimon and JPMorgan. JPMorgan Chief Executive Jamie Dimon has laid into bitcoin and digital currencies once again, warning that governments will shut them down if they grow too large. Dimon was concerned that with bitcoin, ethereum and various Initial Coin Offerings (ICOs), there are now cryptocurrencies everywhere. Blockswater claims Dimon deliberately spread false and misleading information, according to a report by City A.M. These are the latest comments from Dimon attacking bitcoin. (cnbc.com)</p>
<p><b>Former US Futures Commission Chair Says Regulation Solves Bitcoin Volatility: CNBC</b><br>The recent weeks of Bitcoin volatility, with Bitcoin price hitting an all-time high of $5,000, only to plummet back below $3,000, and then stabilize near $4,000, are a signal of what Bitcoin really needs - regulation. Recent comments by Julian Assange reflect a more traditional Bitcoin perspective regarding the dangers of governmental power and regulation. Chilton says that the Bitcoin community needs visionary leadership who can shift the focus of Bitcoin development away from the anti-government stance it has taken, to a more regulated environment, producing stability. The former financial regulator stresses that Bitcoin has a ‘big blind spot’ in its lack of regulation, and the government crackdown by China should send a message to Bitcoin investors and developers that regulation is needed. This, at least, is the opinion of the former US Trading Commissioner Bart Chilton in an article published on CNBC.Chilton has been chair of the US Commodity Futures Trading Commission (CFTC), the financial regulatory agency tasked with overseeing the U.S. derivatives markets. (cointelegraph.com)</p>
<p><b>Bitcoin Price Continues Downward Momentum Toward $3,500</b><br>The month of September 2017 is not all too positive for the Bitcoin price right now. That is pretty peculiar, considering China plays no major role of importance in the world of Bitcoin trading right now. With the Bitcoin price dropping below $3,700, it is very difficult to tell what the future will hold moving forward. In most cases, the weekend has proven to be disastrous for the Bitcoin price. Until the trading volume picks up, it is unlikely the Bitcoin price will increase anytime soon. (themerkle.com)</p>
<p><b>Bitcoin Developers Reveal Roadmap for 'Dandelion' Privacy Project</b><br>The developers behind a bitcoin privacy solution called Dandelion have unveiled a new roadmap that addresses previously discovered code issues. An improved Dandelion BIP may still be a while away, though, according to those involved. Originally launched in January, Dandelion modifies the bitcoin network's payment protocol to conceal the original IP address behind a transaction. As pointed out by Bitcoin Core contributor Greg Maxwell, various faults in Dandelion could lead to its deanonymization over time. The proposal was originally opened up for scrutiny as a Bitcoin Improvement Protocol (BIP) back in June, but issues were discovered that ultimately delayed the project. (coindesk.com)</p>
<p><b>Major Japanese Travel Agency Accepts Bitcoin and Offers Bitcoin-Exclusive Deals</b><br>One of Japan’s largest travel agencies, H.I.S., will start accepting bitcoin payments at some of its stores via Japan’s largest bitcoin exchange, Bitflyer. The companies claim that H.I.S. is the first major company in the Japanese travel industry to accept the digital currency. Bitflyer recently helped one of Japan’s largest department stores, Marui, accept bitcoin on a trial basis, in addition to helping the country’s electronics giant, Bic Camera, accept bitcoin nationwide since July. The company will give 5,000 yen worth of bitcoin to the first 10 buyers of bitcoin promotional packages at the head office. In June this year, Japan Tourism Agency (JTA) provided an analysis of 49 major Japanese travel agents. (bitcoin.com)</p>
<p><b>Doug Casey on Why Bitcoin Is Money</b><br>It allows you to transfer something that is accepted as money outside of the banking system, and outside of fiat money currencies. You’ve got two kinds of currencies: commodity currencies and fiat currencies. It will become more and more accepted as most government fiat currencies approach their intrinsic values—essentially zero—over the next business cycle. To answer this question, I called up Casey Research founder Doug Casey. The bottom line, Bitcoin passes the medium of exchange test for the moment and store of value test for the moment. (caseyresearch.com)</p>
<p><b>This Ransomware Demands Nudes Instead of Bitcoin</b><br>Now, someone has added a new, perverse twist to this tried and tested scheme: demanding naked photographs instead of Bitcoin. This story has been updated to note that this ransomware doesn't actually encrypt files. Researchers at MalwareHunterTeam, a research group focused on ransomware, spotted the software, called nRansomware on Thursday. It's not clear how many people have been hit with this ransomware, or how serious the hackers behind it really are. Hackers have for years used malware to spy on women and steal their nudes or access their webcams. (vice.com)</p>
<p><b>When 95% of all cryptocurrencies are gone Bitcoin will still be there</b><br>If you’re investing a dollar in Bitcoin, it represents more than $1.00 lost business to JP Morgan; the implications of any future transactions you perform further cut out middle-men, like JP Morgan. But why would JP Morgan — or anyone else for that matter — want to convince you that Bitcoin is bad but blockchain is good? When JP Morgan’s CEO declares Bitcoin a fraud it’s important to remember that the company has a blockchain department. The Wall Street Journal article, like many others, points out that Bitcoin is a great currency for drug dealers. You could also point to the cryptocurrency developers who insist that Bitcoin doesn’t play by the same rules as fiat currency. (thenextweb.com)</p>
<p><b>Crypto chatter on Reddit is up 930% this year. So... is THIS the top?</b><br>Here’s the raw data chronicling the growth of crypto on Reddit this year, compiled via CrowdTangle. On average, interactions on the major crypto subreddits are up 930% this year, according to a MarketWatch analysis of data from CrowdTangle. Of course, if you take a look at some of the other crypto hot spots on Reddit, then the growth on the bitcoin forum seems tame. So boasted a post this week on the largest Reddit forum about bitcoin, touting the group’s substantial growth recently. It has also seen interactions go up by 1,000% this year. (marketwatch.com)</p>
<p><b>Former CFTC Commissioner: Regulation Would Solve Bitcoin Volatility</b><br>At press time, the price of bitcoin is trading at around $3,651, according to the CoinDesk Bitcoin Price Index (BPI). A former US markets regulator says he is concerned by the volatile prices seen in cryptocurrency markets – and that he believes regulation can solve the issue. Writing for CNBC, Bart Chilton – who served as a commissioner for the Commodity Futures Trading Commission (CFTC) from 2007 to 2014 – wrote today that big fluctuations in the price are worrisome. Earlier this month, bitcoin shot above the $5,000 mark, subsequently tumbling amidst a spate of bad news developments. The jumps in price, in particular, should serve as a warning to users that bitcoin's price may being artificially inflated, Chilton argued. (coindesk.com)</p>
<p><b>If bitcoin dies, it'll be from its own missteps</b><br>The headlines at the time were things like Mt Gox Meltdown Spells Doom for Bitcoin and Mt Gox Hack could be the end of Bitcoin (Vice Feb. 2014). Get the latest Bitcoin price here. We have seen a tremendous rise in the price of Bitcoin in 2017 rising to $5,013 on September 1, 2017. In 2014, Bitcoin saw its largest exchange Mt. I would like to take a moment to remind people that ICOs and Bitcoin and other cryptocurrencies are not the same thing. (businessinsider.com)</p><br><br>More on these and other related news can be found at http://zentrade.online/bitcoin-news-digest-friday-september-22-2017/" |
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