Contk

[contact-form-7]

The post Contk appeared first on How to Get Free Bitcoins - Earn Bitcoin Fast in 2018 - BTC Investing.

Bitcoin gradually gaining popularity among Japanese spenders

Bic Camera one of the most lucrative electronic good stores has started to accept the Bitcoin in a limited capacity after the Japanese Government put forward new regulations. Bic Camera’s Chief revealed that most of the digital currency spenders in Japan were young males.

The Chief stated that when they setup the digital currency payment system in their stores they believed that most of the customers will be foreigners but this did not turn out to be the case. Bic Camera felt that digital currency is quite a popular choice once they setup the digital currency payment system in their stores.

Once the Japanese Government announced that the Bitcoin was a legal mode of payment Bic Camera felt more comfortable in offering this mode of payment. Currently, the trend is that most of the customers are quite willing to pay in Bitcoin.

Bic Camera noticed this trend when they started to allow the Bitcoin payment in two of their top stores in 2017. When Bic Camera identified the demand of the customers, they decided to accept the bitcoin payment in about 40 of their stores.

Apart from this Bic Camera also conducted a study so that they could identify the potential Bitcoin users. Additionally, the store also asked its cashier to check out the relevant sales records when accepting payment in bitcoin.

The actual trend in Japan is that most of the young males in their early 30’s purchase tablets and digital cameras from Bic Camera and use bitcoin as a mode of payment. The interesting part is that the percentage of bitcoin spenders is gradually increasing with the passage of time. This means that the bitcoin payment trend is bound to last by all means for sure.

At the moment this electronic store is not concerned about the security issues as well and there is a reason behind it. Bic Camera has partnered with Bitflyer which is one of the top digital currency exchanges in Japan.

Bitflyer is an exchange that has been approved by the Financial Service Agency so it does enjoy credibility. This means that all the bitcoin payment processing will be transparent. Moreover, the store will not have to face any issue in processing these payments.

All this shows that people are gradually gaining awareness about the perks of digital currency and this trend is bound to continue for a long time to come. There is also a possibility that more stores may offer digital currency as a mode of payment.

The post Bitcoin gradually gaining popularity among Japanese spenders appeared first on How to Get Free Bitcoins - Earn Bitcoin Fast in 2018 - BTC Investing.

Upbit rewards users for reporting crypto frauds

Upbit is one of the largest cryptocurrency exchanges at the moment and this platform does promote transparency. This is one of the reasons that this exchange rewarded 6 people who reported crypto related fraudulent schemes.

Way back in March Upbit established a bounty system. The users can easily identify fraudulent activities with the help of this system. This system can easily identify multi-level digital currency scams as well. At the moment Upbit pays about 1 million won to all those who report the digital currency scams.

Once this system was implemented, then about 10 cases have been reported so far. However, the users who wish to receive the reward have to submit the evidence documents as well. The objective of this practice is to create a scam free digital currency ecosystem.

Upbit is also making efforts to improve its digital currency operations. This is one of the reasons that Upbit has created a system by the name of World-Check. The basic objective of World-Check is to support the transparent digital currency operations.

World-Check aims to meet the regulatory requirements. When a user decides to register with Upbit, then the membership data of the user is checked against the data of World-Check. If the system is not satisfied with the user membership data, then the registration of the user is terminated on an immediate basis.

Now, this approach can prove to be quite useful to nip the evil in the bud and eliminate the digital currency scams. Since Upbit has created a very strong system to verify the user information, there are little chances of any fraudulent activities taking place.

The users who want to be associated with Upbit know that they have to provide satisfactory information to the system otherwise their membership will not be acceptable. It is important that other exchanges should also follow in the footsteps of Upbit and provide the same transparency as offered by Upbit.

Apparently, it seems that Upbit will be making more efforts in the near future to improve its security system. This is one of the reason that Upbit has been able to establish its place in the top digital currency exchange list.

One thing can be said for sure that any user who decides to register with Upbit will be buying his peace of mind because the user will not have to worry about the fact that his investment will be on the line.

The post Upbit rewards users for reporting crypto frauds appeared first on How to Get Free Bitcoins - Earn Bitcoin Fast in 2018 - BTC Investing.

Massive developments in the field of digital currency in different parts of the world

Massive progress has been taking place in the field of cryptocurrency. Bitpanda which is currently one of the reputed exchanges in Europe has made big plans and is adding two new coins. These coins are Komodo and Iota. This announcement was made once BitPanda 2.0 was launched.

The team has also promised the fact that new listings will be available on a regular basis. At the moment these two digital currencies will be offered through the trade only buy and sell option. Both the digital currencies are supposed to be added in June 2018.

Bitpanda has also committed to the fact that the variety of the new digital currencies is going to be increased in the near future. Bitpanda mentioned that Iota has been introduced due to the growing demand of the Bitpanda community.

Currently, the Iota foundation and Bitpanda are working in collaboration so that they can introduce the digital currency wallet. This wallet will support the send and withdrawal functions.

Japan is also quite active in the field of digital currency at the moment. Couger is a Japan based startup. It is working on a project to create the Virtual Human Agent. The company is also making use of the blockchain technology for materializing this project.

Couger feels that linking two technologies holds a lot of significance particular the blockchain technology and artificial intelligence. Well, Couger has also decided that it will store the learning records on the blockchain.

Microsoft has also got a lot of plans which can possibility contribute to the development of digital currency. What Microsoft has planned is that is to come up with an underwater data centre. This project is known as Project Natick.

This project is powered by tidal, solar and wind installations. The data centre is created using 864 servers and all these servers are placed in a container. The electricity is supplied to this data centre using an undersea cable.

Microsoft has decided that it will operate Natick for a period of 12 months. The infrastructure of this data centre is such that it will surely require less electricity and maintenance. The servers will initially go through a number of tests so that the power consumption can be evaluated.

What needs to be mentioned here is that the idea of an underwater data centre can be quite useful for digital currency miners and it does offer value to the miners. All these developments show that digital currency is bound to achieve more success in the near future.

The post Massive developments in the field of digital currency in different parts of the world appeared first on How to Get Free Bitcoins - Earn Bitcoin Fast in 2018 - BTC Investing.

Apple App store redefines digital currency rules

The Apple App store is quite popular among the users. The app store offers about 783,000 gaming apps to the users. Apart from this the app store has about 2.3 million non-gaming apps as well.

Just recently App store made some amendments to the guidelines related to digital currency apps. The guidelines stated that the exchange apps can facilitate the digital currency transmission on approved exchange only and this transmission facility needs to be offered by the exchange.

The mining applications that require an iPhone’s chipset cannot be used for mining. The new rules also state that applications that require currency for completing tasks cannot be used. These tasks may include downloading the applications and posting on other social media networks as well.

Apple Play Store has defined strict rules for applications offering ICO’s as well. The rules state that all the applications that offer ICO’s have to come from approved financial institutions. These rules apply to trading platforms and wallets as well.

What the users need to remember is that Apple’s rules are stricter in comparison to Google Play. This is the reason that these rules need to be followed by all means for sure.

If we look at the past records of Apple App store, then 4 years back all the digital currency related applications were removed. Two years back the Apple App store asked the users to remove all the digital assets like dash from the Apple App Store.

Now, there is a possibility that these rules may affect the applications that currently exist on Apple Play store and the applications that plan to be published on Apple Play Store in the near future. These new rules might sound very frustrating for the digital currency community.

The better approach should be that Apple Play Store should give the reasoning to the users regarding why they have imposed the guidelines. This way the users will be able to understand the situation in a much better way.

Eventually all these rules are meant for the security of the users. There is a possibility that Apple Play Store might bring about some relaxation in these rules provided there is more transparency in the digital currency system.

Ideally, what the user should do is that they should go through the guidelines in detail before opting for any digital currency app. This way the user will not have to deal with any disappointment.

The post Apple App store redefines digital currency rules appeared first on How to Get Free Bitcoins - Earn Bitcoin Fast in 2018 - BTC Investing.

Coinone Facing Legal Charges

South Korea’s exchange Coinone is currently facing a lot of trouble. The exchange is facing charges at the moment, and these charges are against the margin trading service of this exchange.

Now, this surely spells trouble for Coineone. The reason is that Coinone is considered to be the third largest digital currency exchange after Bithumb and Upbeat. This is why the reputation of this exchange is surely on the line.

At the moment the charges have been launched against the CEO of Coinone and 20 other members. The authorities are of the opinion that the exchange has been providing gambling services. The gambling services are considered to be illegal in South-Korea.

The authorities claim that the exchange allowed the users to trade three to four times more than initial deposit. The authorities also state that exchange charged commission for these transactions. This is why Coinone is under the fire at the moment.

Margin trading is quite similar to the credit trading in the stock market but the margin trading done by Coinone is more gambling oriented. The authorities did their bit of research and found out that about 19,000 Coinone users make use of the margin trading services offered by Coinone.

The users are in the age group of 20 to 50 years. Three of the members were also able to trade more than 3 million won. The Coinone’s stance on the issue is that they have not been a part of any illegal activity. However, the truth is yet to be revealed.

Coinone states that the trading activities that they offer are already available in the market. If we view the picture from Coinone’s perspective, then a lot is on the line for this exchange. It is very essential that the exchange clarifies its position.

The reason is that the charges will prevent the users from opting for this exchange and this will not turn out to be a favourable situation for Coinone. The picture will be clear once the authorities finish up with their research. Till then the users need to be very careful about their investments.

It is important that Coinone should be willing to come up with a satisfying statement against the charges. It seems that the charges are bound to put off many users, and they may become skeptical when opting for the services of the exchange.

This is also a red flag alert for all those exchanges who are currently offering margin trading service similar to Coinone.

The post Coinone Facing Legal Charges appeared first on How to Get Free Bitcoins - Earn Bitcoin Fast in 2018 - BTC Investing.

Coinmint Willing To Invest About $700 Million in New York Based Mining Centre

There are new developments in the field of digital currency now and then. The latest news is that Coinmint has got sufficient capacity to operate the biggest mining firm in the entire world.

Now, Coinmint is all set to invest about $700 million in the new site in Massena. The good news is that this development will be able to create more than 150 jobs in just about 18 months. At the moment Coinmint offers low electricity costs and this is why it is all set to compete the in the developing digital currency market.

The New York Power Authority has also approved the allocation of about 15,000 kilowatts of the hydroelectric power for this mining venture. This is bound to boost the employment. The best part is that the Massena site will operate around the clock.

This is one of the reasons that this site will be able to accommodate about 75 employees who will be working on a full-time basis. The job opportunities that will be offered on the site are meant for the operational staff, IT technicians, and electricians.

These workers can look forward to a wage of about $46000. It seems that Massena is all set to welcome Coinmint with open arms. The reason Massena community is willing to welcome Coinmint is that 150 job opportunity is bound to bring prosperity to the area.

The town supervisor also stated the fact that they are willing to provide all the cooperation to Coinmint to make the venture a success. Now, this positive reaction exists because Coinmint investment in Massena is a winning situation for all.

However, Coinmint will have to plan things well so that there are zero chances of failure. It needs to have a fool-proof strategy in hand. If the Massena venture goes well, then this will be yet another milestone in the field of digital currency development.

The positive side of the picture is that Coinmint has all the necessary facilities to make the venture a success. Plus, the job opportunities offered will create a positive perception of digital currency and mining in the mind of people.

For the success of digital currency and mining, it is important that this venture should go well. If the Coinmint venture achieves its milestone, then there is a possibility that other companies will also be encouraged to make massive investments in a similar venture. This will further pave the way for the success of digital currency.

The post Coinmint Willing To Invest About $700 Million in New York Based Mining Centre appeared first on How to Get Free Bitcoins - Earn Bitcoin Fast in 2018 - BTC Investing.