Day: January 3, 2018

The New York State Court granted a motion to dismiss a two-year one-man lawsuit that tried to overturn the existing New York bitcoin law.

Trading cryptocurrencies has always been a rather complicated matter. For those people who don’t care much for technical analysis, it’s an even steeper uphill climb. Additionally, some individuals prefer to copy other traders’ strategies and hope for the best. With CopyMe, emulating such strategies in real time should become a lot easier. Now is a good time to see what this platform has to offer.

Can CopyMe Work for Novice Traders?

In the world of cryptocurrency, there are a few unwritten rules people should take into account. The first rule is that everyone should do their own research and not rely on others to do so. Rule number two is that blindly following signals or technical analysis will get you “rekt” at some point. Unfortunately, it seems the number of people interested in copying other traders’ strategies is only growing as time progresses.

This is where services such as CopyMe come into the picture. It is designed for people who want to get their feet wet when it comes to cryptocurrency trading rather than put in the necessary effort to learn everything right away. Instead, they can copy others’ trading strategies in real time and – hopefully – make a profit from doing so. It is evident that copying a strategy without fully understanding it will always remain a risk.

No one can deny being able to copy someone’s trading strategy is not easy these days. Even the people who provide daily trading updates through social media or YouTube can’t necessarily be copied right away. Moreover, the cryptocurrency industry is subject to so many external factors that one must adapt their strategy on a regular basis. Failing to do so will eventually lead to major financial losses. These markets are inherently unstable and should always be treated as such.

With CopyMe, expert traders can share their existing strategies with other investors. It is an interesting concept, although it will probably only lead to more speculation in the cryptocurrency world. Whether or not that is a good thing remains to be determined. This platform certainly has a lot of appeal for people attempting to score a quick buck, and investors are always looking for new trading strategies to maximize their earnings.

Having launched on January 1, CopyMe still has everything to prove. It certainly provides a service people are looking for, although the mileage of individual investors will always vary. Bringing expert and novice traders together is always an interesting approach. The world of cryptocurrency has welcomed a lot of new people in 2017, and there’s no reason to think 2018 will be any different. 

Until expert traders start sharing their strategies, however, this new service won’t get much traction. People who are genuinely successful when it comes to trading cryptocurrencies may be less than eager to share their secrets. Then again, expert traders can set their own price for services rendered, which opens up some interesting business opportunities. It will be interesting to see if this service gains any traction before the year is over. Always do your own research before relying on someone else’s trading signals, though.

Extra Credit has announced the launch of its XTRA token sale, starting January 1, 2018, as the platform strives to educate people about cryptocurrencies and drive its adoption while helping them grow with the ecosystem.

Cryptocurrencies and their underlying blockchain technology can easily be labelled as the most disruptive technology of this decade. While it is making waves in the technology sphere, many people are still unaware of many things about them, as their exposure to the crypto-world has so far been only through the mainstream media outlets. However, on many occasions, the information presented by these outlets aren’t always accurate, which causes more damage than good.

Extra Credit recognizes the need to educate the masses about Bitcoin, other cryptocurrencies, and their underlying blockchain technology. At present, there is no single ecosystem that is designed exclusively for such purpose. Most of the online course platform offer one or two courses on cryptocurrencies and sometimes include complex jargon, mathematical equations, and even code snippets. These courses, not only adds to the confusion but makes it more complicated for the users. But with a dedicated course delivery platform specializing in cryptocurrencies, things will be different and Extra Credit is doing just that in association with BitcoinHomework, a leading cryptocurrency learning platform.

Extra Credit is an initiative of a 9-member team, whose main goal is to make cryptocurrency education easily accessible to everyone, irrespective of their prior exposure to the digital currencies. By joining forces with BitcoinHomework, the team aims to offer comprehensive courses on the technology and the sector starting from what are cryptocurrencies, how to use cryptocurrencies and more.

Extra Credit is currently in the process of raising the necessary funds through the ongoing crowdsale. The funds raised from the token sales will be utilized to set up an educational store with BitcoinHomework gear and other tools to encourage learning among the students. Apart from adding new courses, Extra Credit will also incentivize newcomers to learn about cryptocurrencies. The token sale is Extra Credit’s first step towards fulfilling its vision to empower everyone with the knowledge required to invest and manage their cryptocurrencies with ease.

The Extra Credit Pre-sale went live on January 1, 2018 and will continue for a period of one month, before coming to an end on February 1, 2018. Following the completion of Pre-sale, the public token sale of Extra Credit tokens will be held later in Q1, 2018. Those interested to take part in the crowdsale can do so by visiting https://extracredit.io/

More information about BitcoinHomework is available at – https://bitcoinhomework.com/

Media Contact: [email protected]

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A new report by a Royal Bank of Canada analyst outlines potential use cases for blockchain technologies while predicting a $10 trillion industry.

Near the end of 2017, the cryptocurrency world was treated to a project known as CryptoKitties. Issuing unique virtual cats on the Ethereum blockchain proved to be a pretty interesting concept. Sadly, it also crippled the network for several days, but that was only to be expected. Ethertanks is a similar project with a slightly different approach, as it is more of a game than an investment.

Ethertanks is the Next big Thing

Although the Ethereum network is still recovering from the onslaught brought upon it by the CryptoKitties, people are already moving onto the next thing. It is evident that gamifying blockchain technology has the potential to be huge. Some of the simplest browser-based games have attracted millions of players throughout the years. Combining this concept with blockchain technology is well worth looking into. The big question is whether or not Ethereum will be able to handle this load moving forward.

Ethertanks is the new kid on the block in this regard. It is a browser-based game which runs on top of the Ethereum blockchain. Users can purchase tanks from its website and have these digital assets transferred to their Ethereum wallets in real time. It sounds pretty simple and perhaps somewhat bland at first, but there’s a lot more to the concept of Ethertanks than one would assume.

More specifically, every tank bought is also an investment opportunity. Anyone who purchases this tank after you did will earn you a small kickback. No one should expect to become a millionaire right away, mind you, but it’s nice to see some of the earnings being shared with the people who make Ethertanks popular. There’s also a marketplace – set to go live on January 7 – where users will be able to buy, sell, and upgrade their tanks. Additionally, it’s another revenue stream, which players will certainly appreciate.

Unlike CryptoKitties, Ethertanks is about more than “breeding” and trading assets. It has a set of mini-games in which players can participate using their purchased tanks. This battle aspect will not go live until January 14, yet it seems pretty interesting despite the lack of information. Letting players battle one another would certainly be interesting, although it remains unclear if such a feature can be successfully implemented on top of the Ethereum blockchain.

As one would expect, the Ethertanks project is also attracting some negative attention. Many people feel it is a Ponzi scheme, even though it remains to be seen if there is any truth to that. To their credit, the project’s developers took community feedback regarding a code bug to heart and patched the vulnerability pretty quickly. With a limited “supply” of up to 121 different tanks, it is evident there is some sort of scarcity involved as well. New tanks are introduced when the existing supply is purchased a set amount of times. It will be interesting to see if the smart contract can handle this aspect of Ethertanks without too many problems.

In the end, it is good to see innovative projects like Ethertanks come to market. We can only applaud the team for coming up with a new version of CryptoKitties which offers a bit more interactivity. Whether or not people will remain interested in this type of project is anybody’s guess right now. Grabbing someone’s attention is one thing, but holding onto it is something else entirely. This is especially true in the world of Bitcoin and other cryptocurrencies.

TORONTO, Jan. 03, 2018 (GLOBE NEWSWIRE) — (TSX Venture:FTI) FTI Foodtech International Inc. (“FTI”) announces that it intends to arrange a private placement for up to $3,000,000.

The proposed private placement would be a non-brokered offering of 6,000,000 units of the Issuer (the “Units”), at a price of $0.50 per Unit.  Each Unit will be comprised of one Common Share and one common share purchase warrant (a “Warrant”), each Warrant being exercisable to acquire one Common Share at a price of $1.00 per Common Share for a period of one (1) year following the closing date of the private placement.

The proceeds will be used for costs related to the integration of the Flash crypto-currency with the barter industry, to fund liquidation projects, to evaluate other opportunities, to cover the company’s operating expenses and to reduce company debt.   A further press release will be issued once the financing has been completed.

The TSX Venture Exchange Inc. has not approved the contents of this press release.  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, contact: William Hullah, President, FTI at (416) 444-1058.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

The last week of 2017 and the first days of 2018 have not been too kind to Bitcoin. Although the price didn’t collapse by any means, there’s a clear lack of bullish momentum in place. Most people assume that 2018 will be an even bigger year for the world’s leading cryptocurrency. So far, it seems speculators will need to be more cautious than ever before. David Stockman, a Wall Street veteran, fears 2018 may not be stellar for Bitcoin whatsoever.

What is Next for the Bitcoin Price?

Having the answer to that question is almost as good as knowing the next winning lottery numbers. Everyone with an interest in cryptocurrencies hopes to see the Bitcoin price go up. After all, such momentum would mean big things for most altcoins as well, as their values heavily hinge on the Bitcoin price these days. At the same time, we’ve seen how Bitcoin has struggled on the technical front, reducing its appeal to people looking for a currency to use rather than hold.

Speculating on the Bitcoin price can be quite lucrative, even though it carries a lot of risks as well. Moreover, it has become a bit easier to speculate on the Bitcoin price thanks to futures contracts offered by CBOE and CME. Unlike what most people had expected, these contracts have not pushed the Bitcoin price up, but rather have brought it down. That’s a very interesting development to monitor, especially considering that Bitcoin price speculation will only become more popular moving forward.

If Wall Street veteran David Stockman is to be believed, however, going long on the Bitcoin price is one of the worst options right now. That’s because, in his opinion, Bitcoin will see a “spectacular crash”. It is not the first time we’ve heard such statements, as quite a few financial experts are thinking along these lines. So far, they have been proven wrong, even though the bearish Bitcoin price momentum is far from over. There’s no clear indication as to what the future will hold for the world’s leading cryptocurrency, which is both worrisome and exciting at the same time.

While it is true that speculating on the Bitcoin price is a big risk, a crash seems a bit far-fetched. It is true that we are far away from Bitcoin’s all-time high, but no one expected anything else at this point in time. After all, the year 2017 was extremely kind to all early Bitcoin investors, and a lot of people simply cashed out profits in December. It is the natural order of things, after all. Given the volatile nature of cryptocurrencies, taking profits whenever the opportunity arises is always the correct answer.

Although it may not be a popular opinion, the launch of “mainstream” Bitcoin futures may not have been the best decision. Giving more anti-Bitcoin people a way to short Bitcoin will only hinder the growth of this market. The world’s leading cryptocurrency has proven its naysayers wrong for nine years now, but all streaks will eventually come to an end. For now, no one knows for sure what the future holds, nor is it certain Bitcoin will remain the world’s leading cryptocurrency in 2018 or beyond.

Regardless of what one’s personal opinion may be, the prediction by David Stockman shouldn’t be taken lightly. Although there is still plenty of belief in Bitcoin as a store of value, the currency aspect is becoming less important to most speculators. How all of this will affect the Bitcoin price moving forward remains to be determined. A lot of interesting things will happen in 2018, for better or worse.

Total crypto market cap hits record high over $700 bln, spurred on by rises in altcoins, while BTC dominance drops to record lows

Ripple hit a new all-time-high above $3 today, up more than 200 percent from its value just a week ago.