8 expert insights on what will happen with Bitcoin in 2019

From the dramatic price plunge of Bitcoin BTC and other digital assets to the regulatory crackdown on initial coin offerings (ICOs) and the continued trail of crypto-exchange hacks, the cryptocurrency industry put behind a very turbulent year. But does it mean that Bitcoin is ready for a period of calm and recovery, or is it headed for rougher times? We asked cryptocurrency experts on what they think Bitcoin’s highlights will be in 2019. As it happens, like many other things in crypto-land, predictions are very difficult, and there’s little agreement on what Bitcoin will look like in the year ahead. Lightning network will be Bitcoin’s main highlight The Lightning Network will dominate the conversation surrounding Bitcoin in 2019. It promises greater utility for Bitcoin as not only a settlement layer but also a means of exchange. However, as the network’s size and capacity grow, I fully expect users to run into usability issues due to uneven capacity and nascent decentralized routing technologies. These issues, being ideological in nature, have the potential to create another Segwit-level disagreement if not handled proactively. I plan to watch this story closely as the community doggedly explores scaling solutions. Kyle Samani, Multicoin Capital 2019 will be Bitcoin’s year of building Regarding Bitcoin’s price, I think we are at the bottom here. There are too many big players getting involved and too little BTC available for large purchases without pushing the price up. 2019 is definitely a building year to support the next big wave. I think we have one more big wave of adoption on the hockey stick before it levels out for a gradual rise. I don’t see any major protocol-level updates coming to Bitcoin anytime soon such as mining algorithm changes or major protocol upgrades. The ecosystem is too big and at this
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Cryptocurrency: Yay or Nay?

Cryptocurrencies, such as Bitcoin, have had a roller-coaster past year or so. It seemed that they could do no wrong in 2017, with Bitcoin leading the way with a $20,000 USD valuation per token at one point in December. The price plummeted from there, as Bitcoin struggled to maintain a value of $3,500 by December of 2018. Crypto enthusiasts still believe in the underlying technology, while opponents cite the recent trend as evidence that the bubble has burst. In truth, most people do not know enough about cryptocurrencies to truly count themselves as advocates or opponents. The following article aims to present both sides of the debate without bias, allowing you to decide for yourself whether digital currencies are the future of commerce or a passing fad. The case for cryptocurrency Supporters of cryptocurrency and its underlying blockchain technology cite numerous arguments for their position. One of the most popular is that cryptocurrency is decentralized, meaning that there is no government or financial institution manipulating its value behind the scenes. This allows the free market to value tokens however it wants to, a far more democratic approach to finance. The decentralized nature of cryptographic tokens also means that hackers have no central hub to get millions of people’s worth of financial information in one shot. All cryptocurrency transactions are recorded on a public ledger called a blockchain. Volunteer “miners” use powerful computers to make sure that new transactions are valid according to what came before them, making the blockchain virtually hack-proof. The blockchain can also facilitate financial features that competing money systems cannot keep up with. For instance, Ethereum’s blockchain is programmable. This allows developers to all work to improve one existing system rather than each devising their own, creating one central hub for technological innovation. One of the coolest
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Quadrigacx Saga: Founder’s’ Widow Owns Million-Dollar Properties – Bitcoin News

Troubled Canadian cryptocurrency exchange Quadrigacx may be newly armed with a 30-day stay from creditors, following the Feb. 5 bankruptcy hearing, but its late CEO’s widow, Jennifer Robertson, is on shifting ground as her affidavit is being picked apart by customers, experts and conspiracy theorists. Also read: Report Claims Quadrigacx Never Held More Than 1,000BTC Cotten’s Death Births Several Conspiracy Theories Quadrigacx, until last year the largest Canadian exchange by traded volume, gained notoriety when it filed for bankruptcy protection, claiming that its founder and chief executive officer, Gerald W. Cotten, died in India on Dec. 9 without revealing the keys to cold wallets containing CAD $190 million (~US $145 million). A Nova Scotia Supreme Court judge on Tuesday granted Quadriga’s request for creditor protection from as many as 115,000 customers. The late Gerry Cotten The shifting narrative is now being challenged on multiple fronts, with skeptics claiming that the 30-year old CEO faked his death to evade paying customers. A recent report in The Times of India confirms that Cotten did die on Dec. 9 and his widow was granted a death certificate and police clearance to take his body back to Canada. The article claims Cotten was admitted to Fortis Escorts hospital in Jaipur on Dec. 8 and diagnosed with “septic shock, perforation, peritonitis and intestinal obstruction.” Cotten allegedly died hours later of a cardiac arrest. He was known to suffer from Crohn’s disease. Without DNA confirmation, though, the report will do to little to douse the skepticism surrounding the saga. Cotten is thought to have methodically gone about his “death,” naming his wife the sole executor of his estate 12 days before passing, and bequeathing properties from a jointly operated company to his in-laws. A Widow’s Fortune On a related note, it has been revealed by Canadian broadcaster CBC that
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Crypto exchange mistakenly sends 103 bitcoin to wallet it’s locked out of

DisclosureEvery product here is independently selected by Mashable journalists. If you buy something featured, we may earn an affiliate commission which helps support our work. And they’re gone.Image: Malte Mueller / getty By Jack Morse2019-02-13 00:04:26 UTC When it comes to cryptocurrency, things can always get worse.  Earlier this month, news broke that QuadrigaCX, a Canadian cryptocurrency exchange, lost access to $190 million worth of customer crypto after the founder died — taking sole knowledge of the account passwords to the grave.  Now, it looks like it screwed up again. According to a preliminary report filed by Ernst and Young, which is acting as a court-appointed monitor for the company, QuadrigaCX sent a so-called cold storage wallet 103 bitcoin (worth more than $460,000) after it had been locked out.  SEE ALSO: He had sole access to $190 million worth of customers’ crypto. Then he died. Essentially, because founder Gerald Cotten died, no one — not QuadrigaCX and not its customers — can retrieve the majority of the crypto held by the exchange. It looks to be lost forever.  This news, it should be noted, became public following a Jan. 31 affidavit filed by Cotten’s widow Jennifer Robertson and published by Coindesk. And yet, despite knowing the company couldn’t access the cold wallets in question, QuadrigaCX still sent them a bunch of bitcoin. “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately $468,675 to Quadriga cold wallets which the Company is currently unable to access,” reads the report. “The Monitor is working with Management to retrieve this cryptocurrency from the various cold wallets, if possible.” That’s a monumental screw up for a company already reeling from a catastrophic screw up, and a number of the estimated 92,000-plus QuadrigaCX account holders with cash or cryptocurrency balances are taking the
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Atrium, Justin Kan’s legal tech startup, launches a fintech and blockchain division

Atrium, the legal startup co-founded by Justin Kan of Twitch fame, is jumping into the blockchain space today. The company has raised plenty of money — including $65 million from a16z last September — so rather than an ICO or token sale, this is a consultancy business. Atrium uses machine learning to digitize legal documents and develop applications for client use, and now it is officially applying that to fintech and blockchain businesses. The division has been operating quietly for months and the scope of work that it covers includes the legality and regulatory concerns around tokens, but also business-focused areas including token utility, tokenomics and general blockchain tech. “We have a bunch of clients wanting to do token offerings and looking into the legality,” Kan told TechCrunch in an interview. “A lot of our advisory work is around the token offering and how it operates.” The commitment is such that the company is even accepting Bitcoin and Bitcoin Cash for payments through crypto processing service BitPay. While the ICO market has quietened over the past year following huge valuation losses market-wide, up to 90 percent in some cases with many ICO tokens now effectively worthless, there’s a new anticipation around regulatory-friendly security token offering (STO) options. Coinbase, for one, has backed STO platforms and its CEO Brian Armstrong has spoken of his belief that the cap table of the future is tokenized, allowing company tokens to be freely traded worldwide. According to Armstrong, Coinbase could potentially host “millions” of STOs in the future. If even a fraction of that number is to exist, companies will need advisors to help with structure and regulatory compliance. Many legal firms are already making a proverbial killing and, just like its core business, Atrium wants to use its tech-centric platform to offer a more efficient and cheaper alternative
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Jack Dorsey is tweeting about his love of bitcoin: ‘Bitcoin is resilient. Bitcoin is principled. Bitcoin is native to internet ideals.’ (BTC)

Twitter CEO Jack Dorsey. Associated Press Jack Dorsey has tweet stormed about his love of bitcoin. “I don’t see it as an investment,” he wrote. It’s a “currency.” It’s a strong endorsement for the cryptocurrency that’s had a rough 12 months. He added: Bitcoin will “probably be the native currency.” Twitter CEO Jack Dorsey has restated his love of bitcoin. In a strong endorsement of a cryptocurrency that’s had a rough 12 months, Dorsey said he holds bitcoin and he thinks it’s the future of money. “I don’t see it as an investment,” he wrote in a flurry of tweets on Tuesday. It’s a “currency,” he added. In messages and responses to crypto fans, Dorsey outlined his reasoning: “Bitcoin is resilient. Bitcoin is principled. Bitcoin is native to internet ideals. And it’s a great brand.” He added: Bitcoin will “probably be the native currency.” It’s not the first time Dorsey has noted his admiration for bitcoin. His fintech company Square has supported bitcoin for nearly five years, adding the currency to its Cash App in early 2018, letting users send bitcoin to one another. “Would love to see a digital currency thrive,” Dorsey tweeted in 2016. Investors in the digital currency saw its price explode in 2017 as cryptomania swept over the world. Bitcoin began 2017 worth less than $1,000 a coin, before soaring more than 2,000% to a high of $19,511. However, the year of 2018 was a different story. See the chart below: Markets Insider Get the latest Bitcoin price here.>> More: Jack Dorsey Bitcoin Twitter Tweets Popular Bernie Sanders explains how at 77 he expects to lead a diverse, young Democratic revolution Popular Howard Schultz slams ‘far-left activists’ for ‘forcing’ Amazon to abandon its New York HQ2 plans Popular Amazon warehouse employees speak out about the ‘brutal’
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Crypto Exchange Says It Can’t Repay $190 Million to Clients After Founder Dies With Only Password

A metal token representing a bitcoin. File photo.Photo: Rick Bowmer (AP)Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million in client holdings after its 30-year-old founder Gerald Cotten, the only person who knew the passwords to its “cold storage,” unexpectedly died in India in December 2018, Coindesk reported on Friday.In a sworn affidavit with the Nova Scotia Supreme Court, widow Jennifer Robertson said that QuadrigaCX owes its customers some $190 million in both cryptocurrency and fiat money. QuadrigaCX has filed for creditor protection because it says it cannot access the funds stored in “cold storage,” just the comparatively smaller amount in a “hot wallet” used for transfers, CoinDesk wrote:The exchange holds roughly 26,500 bitcoin ($92.3 million USD), 11,000 bitcoin cash ($1.3 million), 11,000 bitcoin cash SV ($707,000), 35,000 bitcoin gold ($352,000), nearly 200,000 litecoin ($6.5 million) and about 430,000 ether ($46 million), totaling $147 million, according to the affidavit.It was not clear what portion of the exchange’s crypto holding were kept in cold storage, versus its hot wallet. In the affidavit, Robertson explained that “only a minimal amount of coins” were stored in the hot wallet, but specifics were not provided.Robertson also said that Cotten held “sole responsibility for handling the funds and coins” and no other members of the team could access the stored funds. QuadrigaCX announced Cotten’s death in mid-January, saying he had died “due to complications with Crohn’s disease on December 9, 2018 while travelling in India, where he was opening an orphanage to provide a home and safe refuge for children in need.”While Robertson has Cotten’s laptop in her possession, CoinDesk wrote, she says she does not know the password, and a technical expert recruited by the firm has been unable to bypass its encryption. She also says Cotten left behind no business
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Spencer Golden on Bitcoin Trading

Spencer Golden Shares his experience in Bitcoin Trading. Trading Bitcoin features statuary caution, sometimes from one’s very own instincts– and occasionally– from the governments’ empathetically composed circulars. The electronic gold has indeed swept a large area of global traders and investors towards its scrumptious– as well as high-risk– volatility. And as with any speculative market, Bitcoin has its shares of ills when it pertains to injecting nightmares inside the investors’ mind.

Yet if you are still interested, here is what you need to know prior to jumping in.

What is Bitcoin Market?
A market where Bitcoin gets proactively traded with various other value-carrying assets is, in basic words, a Bitcoin market. It resembles any other Forex exchange where one purchases a currency with an additional. But unlike fiat money, which are produced under the self-confidence of nations’ financial and also economic status, Bitcoin is created without keeping such influential factors in mind. The electronic currency is merely created with a procedure called “mining”, where miners concurrently fix a block of 50 BTC via mathematical calculations. The produced Bitcoins are either stored or are further offered to the controlled exchanges or individuals for fiat loan.

The functioning of a Bitcoin market is like that of some product (coffee, gold, etc.) that is brewed/mined and offered right into the markets, its cost fluctuating as per the need and supply.

Where Do You Trade Bitcoin?
For us non-miners, getting Bitcoin is currently simpler than it was a year ago. Now, one only needs to be in an ideal nation to purchase and sell Bitcoins, where exchanges lawfully function as middlemans for money deals– something that also secures your funds from being mishandled by external and also interior attacks. These exchanges instantly convert your Bitcoin into USD or other fiat money, as well as based upon the price variations in between these two, one can simultaneously sell and also acquire their holdings and make good earnings– a process we understand as arbitrage (described further below).

Points Required to Trade Bitcoin.
Bitcoin Exchange Account.

All you need to do is find a trusted Bitcoin exchange, subscribe as well as give the needed individual information– it would just make you eligible to acquire and also sell Bitcoin straight from/to the markets.

Speaking of the individual details, you require to find out about a certain KYC and also AML requirement prior to registering. According to some recent regulatory frameworks, the governments have asked Bitcoin exchanges to follow specific identification treatments (similar to those practiced by banks) where an individual is required to send their secret information. These measures are taken to make certain that customers do not use Bitcoin for anti-social activities such as loan laundering, funding terrorism, medicine trafficking, and so on

. Trusted Bitcoin Exchange.

We suggest you to go across check Bitcoin exchanges with their city government authorities, prior to signing in. Do check whether the Bitcoin Exchange is totally complied with the policies and whether they are regulated or otherwise; also examine whether it has actually been involved in any kind of harmful and also dishonest activity prior to or otherwise. You may additionally choose to read independent evaluations, available online before making any type of choice. We advise http://bitcoinexchangeguide.com.

Some Forex Trading Understanding.
There will certainly be risks, and there will certainly be benefits– all you would need to be is, a mindful trading expert to stay clear of the former, and bring in the last. We would certainly for that reason advise you to discover a little bit about Forex strategies and indications– so as to predict the possible rate actions prior to making any profession. You might likewise select to check out NewsBTC daily Bitcoin cost updates.

We are nonetheless supplying you with a fundamental glossary that would certainly help you understand the Forex language a little bit. Below it is:.

Ask Rate: It is the minimal price at which people in a certain trading site are willing to sell their Bitcoins.

Quote Cost: It is the most you agree to pay for the Bitcoins.

Volume of Trading Site: It is the number of monetary devices offered during a provided duration.

Market Deepness: It is the variety of Bitcoins that individuals have actually put up for sale on a trading website, and also have actually not yet been acquired (therefore much, no person is willing to pay the cost).

Speculator: It is somebody that is attempting to earn a profit by buying Bitcoins at a small cost and also selling at a higher one.

Arbitration: It is the activity whereby you try to make a profit by making the most of the distinction in rate that may exist in between the various trading websites.

High Regularity Trading: It is the task where you attempt to make a profit by forecasting price motions in the short term.

Bubble: It takes place when, for one reason or another, an increased need for Bitcoins takes place; hence, the cost skyrockets and drops eventually because of the lack of “structure” for this need. This has actually occurred between the December 2013 and February 2104.

Margin Trading: It is a risky kind of supposition in which Bitcoins are traded making use of borrowed cash. This enables greater profit margins, yet in danger of forced liquidation.

Leverage Trading: Is a kind of trading on the underlying product, or agreement for difference allowing you to trade greater than your first investment.
Some bitcoin brokerage firms supply 20-1 leverage.

Precautions and Risks.
Financial investment Threats.

As we specified at the beginning of this write-up, Bitcoin financial investments are undoubtedly high-risk as well as not for the weak stomachs. You really need to make sure enough before actioning in.

A huge part of this threat is credited to Bitcoins’ non-traditional price changes. Unlike the fiat markets, where variations are restricted to a few pennies, Bitcoin sees distinctions in whole dollar amounts. It can be perfectly shown in Bitcoin’s fall from some $1,000 to the current $225. Investors nonetheless think that the electronic currency was in a speculative state where it suffered a lot of adjustments from bad actors. With expanding fostering, this manipulative strategies are being reduced as well as Bitcoin is obtaining a steady worth. With stable, they indicate a $10-20 change on a bad day.

To prevent such volatilities, we recommend investors to short their funds on the very first chance. A tiny reward is still far better than a maximum loss.

Budget Protection.

Another element that sends out shivers down the Bitcoin market is continuous attempts to hack the Bitcoin exchanges’ hot budgets. The interested instance of Mt.Gox has actually been the largest example, where a $450 million well worth of Bitcoin amount was swiped. Later, several other exchanges came to be sufferer to the comparable burglaries, including BitStamp, BitFinex and lots of others.

It is for that reason recommended to just maintain the minimal minimum requisite fund on your exchange’s hot wallet, while maintaining the remainder offline in a chilly pocketbook. To learn the rate of Bitcoin ,you could use Spencer P Golden Bitcoin App.

Attorneys, Politicians and a Bitcoin Entrepreneur: The 23 People Running for Public Advocate

ImageJumaane Williams, a Brooklyn city councilman, is one of 23 candidates running for public advocate in a special election next month.CreditCreditHilary Swift for The New York TimesIf you need evidence that next month’s special election for New York City public advocate is vastly different than any ordinary election, look no further than Theo Chino — though you will no longer see his name on the ballot.Just four minutes before the Jan. 14 midnight filing deadline, Mr. Chino submitted his petitions to run for the position — one of the last of 24 potential candidates to do so.Because ballot order in the Feb. 26 special election is determined by order of petition submission, Mr. Chino, 46, a self-described bitcoin entrepreneur, was slated to be listed toward the very bottom of a ballot that is likely to rank as one of the longest in city history.But after ballot challenges and other technical reasons, Mr. Chino and six other candidates were disqualified, leaving 17 challengers in New York City’s first citywide special election, which was necessitated by Letitia James’s win in the race for state attorney general in November. The contest is nonpartisan, so there will be no party primaries, and candidates must run under their own party lines — often hinting at a candidate’s priorities.The CandidatesThe field for the Feb. 26 contest is extraordinarily deep.It begins with one of the presumed front-runners, the former City Council speaker, Melissa Mark-Viverito, who was the first to submit her petition signatures (candidates must have at least 3,750 signatures to qualify to run).Ms. Mark-Viverito is running on the Fix the M.T.A. line; Michael Blake, a Bronx assemblyman who will appear second on the ballot, is running on the For the People line.Here is the rest of the field, in the preliminary ballot order (although court challenges
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Samsung’s Galaxy S10 may come with a cryptocurrency wallet

According to a new leak, you’ll be able to store your cryptocurrencies in a native wallet on Samsung’s Galaxy S10.Image: Mashable By Stan Schroeder2019-01-24 08:49:14 UTC Samsung might be embracing crypto in a big way.  Photos posted by leaker of mobile things Ben Geskin allegedly show a Samsung Galaxy S10 feature called the “Samsung Blockchain KeyStore,” which allows users to import a cryptocurrency wallet or create a new one.  SEE ALSO: Leaked images show what Samsung Galaxy S10 might look like The feature is located in the phone’s “Biometrics and security” menu. Its description says “Samsung Blockchain KeyStore is a secure and convenient place for your cryptocurrency,” and it appears to support only Ethereum at the moment.  The existence of such a feature was first reported by SamMobile, which claims the wallet will also support Bitcoin, Bitcoin Cash, and Ethereum-based ERC20 tokens.  While there are plenty of third-party cryptocurrency wallets to choose from on Android, a built-in crypto wallet from Samsung is a pretty big deal. It comes at a time when several companies, including Sirin Labs, Sikur and HTC, are starting to sell cryptocurrency-oriented phones. And even though the crypto market is in a big slump, price-wise, things are moving forward in terms of development and adoption. The new leak also gives us another good look at the phone, with the hole-punch camera clearly visible in the upper right corner. It’s nothing we haven’t seen before, though, and Geskin didn’t share any additional new info about the phone.  As for the S10’s specs and features, here’s a quick rundown: It’ll come in three sizes (see leaked photo above), with the most powerful of the bunch being a 6.4-inch phone with three rear cameras, a dedicated Neural Processing Unit (NPU) as part of a new Exynos chip, wireless charging, and
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