Day: January 17, 2018

Voise has recently announced entering into an agreement with Bitcoin PR Buzz, a cryptocurrency-focused PR marketing agency, the first of its kind. This is the second partnership of the PR agency with an altcoin, the first being ARK. Like Voise, ARK has a productive year in front of them, and this strategic enterprise will ensure that their successes are made known the widest audience possible. Ivan Rossetti – CEO and Founder of Voise commented on the partnership:

“We are proud to partner with Bitcoin PR Buzz. Their know-how and professionalism will showcase our 100%-fair distribution model and blockchain music platform to a pivotal global audience.”

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Voise to Revitalize Stagnating Music Industry

Voise looks to help the situation that the music industry is in due to technology advances: falling revenue. While the music industry is still large, it is nowhere near the size it used to be, thanks to the rise in popularity of streaming music, vs owning it. Voise looks to change this with its revolutionary music streaming platform, decentralized in nature since it is a ERC20 token, compliant with Ethereum protocols.

Voise To Implement First Use of Masternodes

The platform will use the world’s first Masternodes on the ETH blockchain, allowing musicians to finally take the lion’s share of revenue, which they rightfully deserve. Typically labels as well as the platforms themselves would take their cuts before leaving the creator with the scraps, but Voise looks to reverse this trend by cutting middlemen out of the equation entirely.

The nature of the music streaming platform allows for the first time ever for musicians to receive 100% of the proceeds made, minus a small transaction fee paid to the Ethereum network. The platform even allows musicians to set their own prices and provide sample audio clips for users. They even have the option to make the music free in return for donations, allowing for ultimate flexibility when it comes to pricing.

Voise tokens would be used to pay musicians for their music, or could be donated by fans as a way to show appreciation for their efforts. As use of the ecosystem increases, the tokens would increase in value as well, benefiting users of the token.

Future for Voise

Voise’s roadmap is fully transparent, and can be seen with this Trello link that they have posted on their website. Voise looks to do everything from create a mobile client of the platform to implementing fiat, all within the year of 2018. VOISE is already up 40% within the last 24 hours, and still has a lot of potential to grow if things continue the way they have been. The Bitcoin PR Buzz team had this to say:

“Here at Bitcoin PR Buzz we are excited to start this official partnership with Voise. Having observed Voise and analysing their roadmap, we believe that Voise offers a blockchain based solution to the music industry like no other. It is because of this, we consider Voise a top tier blockchain project and are proud to offer our continued support in the coming year.”

About Bitcoin PR Buzz

Bitcoin PR Buzz is the world’s first cryptocurrency and blockchain PR agency. With over 4 years experience and over 500 clients, their press release services include guaranteed publication on CryptoCoinsNews, The Merkle, Coinspeaker, CoinIdol, many international BTC news sites, and 200–400 other online news outlets including Nasdaq, MarketWatch, Yahoo Finance, Digital Journal, International Business Times, Boston Globe, Forbes, Bloomberg, and much more.

For more information please visit: https://www.voise.com/ or http://bitcoinprbuzz.com/

What’s up with all these ‘proof-of-something’? #EXPLAINED

Whenever new research surfaces regarding Bitcoin and other cryptocurrencies, interesting things are bound to happen. The latest publication of such research on Hacking Distributed points out some interesting aspects of Bitcoin and Ethereum. None of it is actually surprising, but it does show that some things will need to change very soon. That’s especially true in regards to Bitcoin, as it is clearly underutilizing the potential of its technology right now.

Addressing Bitcoin’s Flaws is not Easy

The research posted on Hacking Distributed points out some very interesting things about both Bitcoin and Ethereum. Although people familiar with these projects know all too well that things have not necessarily evolved in the right direction, it’s always good to see independent researchers come to similar conclusions. More specifically, the state of both Bitcoin’s and Ethereum’s networks is anything but optimal right now. Changing that situation will not be easy either, as there are quite a few things that will need to be addressed.

First of all, the research shows how Bitcoin is not utilizing its network to its full potential. More specifically, there is nothing preventing the Bitcoin network from using on-chain scaling solutions such as an increased block size. Contrary to what some people expect, such a block size increase will not necessarily increase CPU and disk space requirements in a major way. That’s because the hardware needed to process such transactions has become a lot cheaper in price. There is no “quantitative argument” in regards to Bitcoin’s maximum block size.

In a way, that alone validates what Bitcoin Cash is doing. Rather than use a solution such as SegWit, the developers simply increased the maximum block size to 8MB. Many Bitcoin Core supporters assumed this was the wrong course of action, but it turns out there is no sound argument against such a decision. In fact, there is no reason not to increase the Bitcoin network block size in the future, even though most developers have decided not to pursue this option right now. Whether or not they have made the right call will always remain subject to debate.

Additionally, the research shows neither Bitcoin or Ethereum is as decentralized as people would like to think. Mining operations for both currencies mainly originate from one country, which is no big surprise. Everyone wants access to cheap electricity, but very few countries will ever provide it. It is evident that decentralization in cryptocurrency is a lot harder to come by than most people would like to think.

Over the past few years, researchers have pointed out how Bitcoin mining is extremely wasteful. Electricity can be used for many different purposes, and it seems this waste is not unique to Bitcoin. Ethereum is not in a better place in this regard, although it seems its waste comes in a different form. More specifically, the network suffers from a higher rate of uncle blocks compared to Bitcoin. That is by design, but it may very well become a problem over time. Less mining power is used to secure transactions, which is something the developers will need to look into at some point.

In the end, studies like these will always bring information to light that most people are more than willing to ignore. The majority of people involved in crypto right now only care about the price of their coins rather than the technical aspect of things. Words like decentralization, distribution, and fairness have far less meaning to them right now. All of the problems outlined in the research will have a negative impact on both Bitcoin and Ethereum if left unchecked.

Israel’s government has published draft circular outlining possible approaches to taxing the proceeds of initial coin offerings (ICOs).

Gimmer is an innovative automated cryptocurrency trading platform that has just launched the Alpha version of their platform in the final quarter of 2017. The platform has developed a range of special features for everyone, from experienced traders to complete beginners, making Gimmer uniquely positioned to launch automated cryptocurrency trading into the market.

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Gimmer has a number of unique features, such as automated user trades made possible through Ethereum blockchain technology. Expert traders can build and loan trading strategies to other users. Gimmer also has trading bots that are available for beginners. Currently, the live Alpha platform has over 800 active users,

Gimmers token (GMR) is the fuel behind the platform, allowing trading bots to take the emotion out of trading. Gimmer trades directly via the user’s exchange, no currency is held on site.

Only a few platforms offer automated trading, but they also require an expert level in computer programming skills and knowledge of the cryptocurrency market. This only caters to a small portion of the cryptocurrency market. Gimmer has taken the next step, using AI and trading bots that have the capability to create and test different strategies and will recommend the best course of action based on the user’s risk profile.

The Gimmer roadmap is transparent and clearly outlines to the public exactly what aspects of the platform the funds raised from the token sale are being used to develop, and when they will launch.

This outlines the next steps for Gimmer: decentralising and releasing it as a DAPP. In turn, this will make it cheaper and faster to use and will give the user the capability to run multiple bots at the same time. The team are in the process of creating automated arbitrage and automated lending bots. The development team is experienced in fintech, private equity, and trading and come from sectors across the globe, bringing international cross-industry expertise to the Gimmer project.

Gimmer Token Sale

Gimmer (GMR) tokens will be on sale February 1st – 28th, with he pre-sale starting January 17th. Gimmer’s maximum supply for the token sale is 110 million GMR, with a soft cap 4,800 ETH, and a hard cap 35,000 ETH. These are ERC20 compliant tokens. You can also look forward to some two stages of bonus rounds, 40% in pre-sale and 20% bonus on the public token sale. Tokens will be tradable on authorized exchanges.  

Given the recent increase – and subsequent decline – of the Bitcoin price, most people think it’s too late to make big money with cryptocurrency. Nothing could be further from the truth, though. If the Bondi brothers are to be believed, they make an average of AUD$2,000 per day just by trading various cryptocurrencies. It doesn’t take much effort to become a millionaire once you get the hang of how markets work. Nor does it require a ton of startup capital to make any meaningful impact.

A Closer Look at the Bondi Brothers

While their looks may be deceiving, Daniel Colosi and Stephen Lenoci have become cryptocurrency trading experts. Unlike most people who spend 12 hours a day looking at price charts, the self-proclaimed Bondi brothers have taken a slightly different approach. Even though they only bought their first cryptocurrency in 2017, they quickly turned a AUD$5,000 investment into just under AUD$200,000. If they can keep up their current daily profits, they will become millionaires before the year 2019 comes to a close. It may not be the fastest way of getting rich, but it’s certainly a nice revenue stream.

Moreover, anyone can get involved in cryptocurrency trading with a bit of effort. Granted, there are some things people will need to learn. The first few trades may even go horribly wrong, but they will all provide valuable lessons. For the Bondi brothers, their efforts have paid off in spades over the past few months. Turning AUD$5,000 into AUD$200,000 is no easy feat, especially considering these individuals had no clue about cryptocurrency until very recently. The markets have been rather crazy in the past six months, but making money is still not guaranteed whatsoever.

It took a meeting with a mutual friend to convince the Bondi brothers to get involved in cryptocurrency trading. There is a lot of good money to be made in this industry, even though a lot of money can be lost as well if one is not careful. As a result of their earlier successes, Colosi and Lenoci have quit their day jobs and are effectively full-time cryptocurrency traders. It is a very risky move, as crypto will not automatically generate a steady income.

With their daily earnings averaging AUD$2,000, things are heading in the right direction for the Bondi brothers. The recent crypto boom has made it possible for these gentlemen to turn their smaller amounts of money into a very large pile. However, the crypto markets are still highly volatile, and there is no reason to think things will continue along the same path in the future. In fact, a major correction is setting in as we speak, and it will be interesting to see how it affects the Bondi brothers’ trading strategy moving forward.

Unlike what one would expect, these friends are not trading cryptocurrencies directly. Instead, they use a third-party service provider who trades cryptocurrencies on their behalf. It is a risky venture, as you never know if such companies will give you your money or stick around long enough to ensure that you actually turn a profit. The Bondi brothers decided not to disclose which company they are using, but a Google search will quickly turn up a list of potential candidates. It is evident that making money with cryptocurrency takes a lot of time and effort, although third parties will gladly take care of the work on your behalf in exchange for a modest fee.

If things go according to plan, the Bondi brothers will relocate to Thailand in late February. At that point, they will focus even more on trading cryptocurrencies and may even take matters into their own hands. Their current goal is to become millionaires in the near future, but doing so will not be easy. For people who are wondering if there is money to be made with cryptocurrency, the obvious answer is “absolutely”. However, if you aren’t willing to put in the effort, your best option may lie somewhere else entirely.

Numerous users complained on social media they couldn’t cash out their BCC tokens on BitConnect’s site following the shutdown of its lending platform.

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