🔥 President of Xapo: Bitcoin Will Become The Global Reserve Asset
Ted Rogers, president of the cryptocurrency giant, Xapo, believes that Bitcoin will become a global reserve asset, similar to the role the U.S. dollar plays today.
Rogers further stated that he has “very little doubt about that one (price prediction)… It’s a question of when not if Bitcoin is going to become the global reserve asset for individuals, institutions, and governments. It is going to replace gold and it may also become a ubiquitous global currency.”
Long has Bitcoin been called “digital gold” and the aforementioned quote made by Ted Rogers has given even more credence to Bitcoin actually fulfilling the role as an online store of value. However, Rogers took it one step further, by saying that Bitcoin will replace traditional gold, an advantageous, but hopeful statement to say the least.
Such sentiment coming from such a large player in the cryptocurrency industry has inspired many. Xapo is one of the world’s largest cryptocurrency companies, as it now holds over $10 billion worth of Bitcoin for millions of customers worldwide.
Xapo’s wallet app also has millions of downloads across IOS and Google app stores, further cementing itself as a reliable way for users to store cryptocurrencies.
However, the president of Xapo did note that he believes that recent allegations of manipulation may be justified, due to the low liquidity in cryptocurrency markets. However, he did imply that this manipulation, if it exists, will only exist for a short period of time as the market eventually matures and regulators begin to crack down on manipulators.
He also dismissed the act of short-term price speculation, saying: “I think Bitcoin is a long-term investment and I personally wouldn’t get into it for short-term trading”
The market has become increasingly harder to trade as prices jump around in a seemingly random and uncontrollable manner. But if you are in it for the long run, Roger’s statements made yesterday make it sound like low prices should be of no worry.
Ted Rogers, president of the cryptocurrency giant, Xapo, believes that Bitcoin will become a global reserve asset, similar to the role the U.S. dollar plays today.
Rogers further stated that he has “very little doubt about that one (price prediction)… It’s a question of when not if Bitcoin is going to become the global reserve asset for individuals, institutions, and governments. It is going to replace gold and it may also become a ubiquitous global currency.”
Long has Bitcoin been called “digital gold” and the aforementioned quote made by Ted Rogers has given even more credence to Bitcoin actually fulfilling the role as an online store of value. However, Rogers took it one step further, by saying that Bitcoin will replace traditional gold, an advantageous, but hopeful statement to say the least.
Such sentiment coming from such a large player in the cryptocurrency industry has inspired many. Xapo is one of the world’s largest cryptocurrency companies, as it now holds over $10 billion worth of Bitcoin for millions of customers worldwide.
Xapo’s wallet app also has millions of downloads across IOS and Google app stores, further cementing itself as a reliable way for users to store cryptocurrencies.
However, the president of Xapo did note that he believes that recent allegations of manipulation may be justified, due to the low liquidity in cryptocurrency markets. However, he did imply that this manipulation, if it exists, will only exist for a short period of time as the market eventually matures and regulators begin to crack down on manipulators.
He also dismissed the act of short-term price speculation, saying: “I think Bitcoin is a long-term investment and I personally wouldn’t get into it for short-term trading”
The market has become increasingly harder to trade as prices jump around in a seemingly random and uncontrollable manner. But if you are in it for the long run, Roger’s statements made yesterday make it sound like low prices should be of no worry.
🔸 eToro CEO: Investing in blockchain now like investing in internet 10 years ago
Yoni Assia, Founder and CEO of eToro, who has been trading since the age of 13, believes that ideas right now are much bigger in scale than they were in the dotcom era. He feels this is the explanation behind the obscenely large amounts of money raised at ICOs.
Since the start of this year alone, over $9 billion has been raised as funding for ICOs (Initial Coin Offering), according to consultancy firm Autonomous NEXT.
ICOs are fraught with risk because the industry is just not regulated tightly. A lot of the venture capitalist funded coins have flopped. Yet, investing in cryptocurrencies now is ‘as good as an investment in the internet 10 years ago,’ Assia, who holds Bitcoin and Ethereum, said.
The end of last year was a period of madness for cryptocurrencies, and the fervor seems to be going strong this year. For a layperson looking in, the meteoric rise of Bitcoin might seem to be an opportunity too good to pass up on.
Yoni Assia, Founder and CEO of eToro, who has been trading since the age of 13, believes that ideas right now are much bigger in scale than they were in the dotcom era. He feels this is the explanation behind the obscenely large amounts of money raised at ICOs.
Since the start of this year alone, over $9 billion has been raised as funding for ICOs (Initial Coin Offering), according to consultancy firm Autonomous NEXT.
ICOs are fraught with risk because the industry is just not regulated tightly. A lot of the venture capitalist funded coins have flopped. Yet, investing in cryptocurrencies now is ‘as good as an investment in the internet 10 years ago,’ Assia, who holds Bitcoin and Ethereum, said.
long-term view is selling crypto now is like selling Apple in 2001. You do it if you have to do it, you don’t do it if you don’t have to do it. That’s my personal view, again, every person has to decide for themselves. If you’re into this technology, you’re like, why hasn’t everybody moved on to this technology? It’s an endless opportunity to move things on to the blockchain. You have an insane amount of very smart people who are envisioning this future and trying to build products for it.
The end of last year was a period of madness for cryptocurrencies, and the fervor seems to be going strong this year. For a layperson looking in, the meteoric rise of Bitcoin might seem to be an opportunity too good to pass up on.
🔥 New Era of the Crypto World
Simple shopping and safe pay with PAYERA crypto platform.
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Our vision is to become the crypto enterprise with the biggest number of users worldwide, the place where crypto owners can do online-shopping worry-free. We are also seeking to become the leading global and universal crypto platform.
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Our mission is, to be our customer’s first choice. The place, where you preferably buy with crypto. We have committed ourselves to perform all our actions economically
🔸 Concept
PAYERA is based on the concept of the most successful and most known e-commerce enterprise in the Asian region, but much easier to handle. Combined with SHOP- & CARDERA we offer a multifunctional solution which in this form does not exist on the crypto market yet.
WebSite
Whitepaper
Simple shopping and safe pay with PAYERA crypto platform.
🔸 Vision
Our vision is to become the crypto enterprise with the biggest number of users worldwide, the place where crypto owners can do online-shopping worry-free. We are also seeking to become the leading global and universal crypto platform.
🔸 Mission
Our mission is, to be our customer’s first choice. The place, where you preferably buy with crypto. We have committed ourselves to perform all our actions economically
🔸 Concept
PAYERA is based on the concept of the most successful and most known e-commerce enterprise in the Asian region, but much easier to handle. Combined with SHOP- & CARDERA we offer a multifunctional solution which in this form does not exist on the crypto market yet.
WebSite
Whitepaper
payera.io
PAYERA - NEW ERA OF THE CRYPTO WORLD
PAYERA, the only, safe and simple crypto-payment-system with buyer- and sellerprotection, SHOPERA, the easy to use shop and marketplace solution and CARDERA, the Crypto-Card for everyday use, are the three pillows of our holistic concept. A revolution for…
Ripple’s (XRP) Exec Elected To A Federal Reserve Taskforce
Read full: https://ift.tt/2tjli0q
Read full: https://ift.tt/2tjli0q
Ethereum World News
Ripple's (XRP) Exec Elected To A Federal Reserve Taskforce - Ethereum World News
News reaching Ethereum World News indicate that Ripple is making major strides with their Head of Research on the Business Development team, Ryan Zagone, being elected to the Federal Reserve’s Faster Payments Task Force Steering Committee. The Steering committee…
Bring to notice Visa! PumaPay is going to modify the type of the industry of settlement, removing restrictions of Bitcoin, Litecoin and other cryptological currencies
Lear more:https://cryptoangel.space/pumapay/
Lear more:https://cryptoangel.space/pumapay/
Crypto Angel
Bring to notice Visa! PumaPay is going to modify the type of the industry of settlement, removing restrictions of Bitcoin, Litecoin…
At the present time, a greater part of retailing, both interactive and offline, rotates around credit cards: either straight…
EARN FROM PROPERTY. ENJOY INSTANT, MONTHLY DIVIDENDS
Global REIT is the first ever blockchain based real estate investment trust. It will work on the same mechanism as a traditional REIT but will offer additional benefits including monthly dividends, future access to all Assets Under Management (AUM’s) and Fund Management Income.
We will provide investors with dividends within the first year and will reduce the barriers to entry associated with normal REIT’s.
Our ICO will help us raise the funds necessary to purchase our first asset in the UAE before expanding globally.
The ICO will offer Dual Utility tokens to its subscribers.
1. Global REIT Fund Manager Token (GREM)
2. Global REIT Asset Token (GRET)
This means that each subscriber will receive a share in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both tokens. Ethereum (ERC-20), Bitcoin (BTC) and Fiat Currency will be accepted for subscription to these tokens and in return, the dividends will be paid in USD and USDT (Tether).
Pre ICO : 1st may - 31st May
ICO : 1st June - 30th June
Website: https://www.globalreit.io/
ANN THREAD: https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Telegram: https://t.me/GlobalReit
Global REIT is the first ever blockchain based real estate investment trust. It will work on the same mechanism as a traditional REIT but will offer additional benefits including monthly dividends, future access to all Assets Under Management (AUM’s) and Fund Management Income.
We will provide investors with dividends within the first year and will reduce the barriers to entry associated with normal REIT’s.
Our ICO will help us raise the funds necessary to purchase our first asset in the UAE before expanding globally.
The ICO will offer Dual Utility tokens to its subscribers.
1. Global REIT Fund Manager Token (GREM)
2. Global REIT Asset Token (GRET)
This means that each subscriber will receive a share in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both tokens. Ethereum (ERC-20), Bitcoin (BTC) and Fiat Currency will be accepted for subscription to these tokens and in return, the dividends will be paid in USD and USDT (Tether).
Pre ICO : 1st may - 31st May
ICO : 1st June - 30th June
Website: https://www.globalreit.io/
ANN THREAD: https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Telegram: https://t.me/GlobalReit
❤❤❤hello community❤❤❤
We have opened a new office in Bermuda and all staff will move in there. This is another pilllar of great success.
Come be a part of the journey!!
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Visit vivanetwork.org NOW!!!
We have opened a new office in Bermuda and all staff will move in there. This is another pilllar of great success.
Come be a part of the journey!!
VIVA 🚀🚀🚀
Visit vivanetwork.org NOW!!!
Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] Price Analysis for the Week 11 June to 17 June
https://bit.ly/2LW0uUa
https://bit.ly/2LW0uUa
Coingape
Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] Price Analysis for the Week 11 June to 17 June
The week of 11 June to 17 June 2018 has been a soft week for major cryptocurrencies and tokens. The sentiment has been negative but a few midweek news did give a positive push to a lot of cryptocurrencies.
Want to monetize your personal data you are producing every day anyway? How about selling it on the Opiria-Platform to companies worldwide and receive PDATA tokens in return that you can cash out for real money?
Why?
Because companies worldwide desperately need your personal data to understand your needs and requirements and to design better products and services that fuel desire. This is why personal data is the oil of the 21st century and a 250 billion USD/year industry. Today your personal data is being stolen from you by intermediaries and sold for big money to companies worldwide - and you get nothing in return.
We set out to change that. With Opiria-Platform & PDATA Token we make you and your data count! You own and control your personal data and Opiria-Platform enables you to exchange it with companies for PDATA tokens. You can sell your personal data such as your opinion about topics of interest, your feedback on how you use and like products and services, data about how you browse the internet, data from wearables and smart devices, smartphone usage, what you buy online and more … in return you receive PDATA Tokens that you can cash out for real money.
Who we are?
Opiria was founded in 2015 and has its headquarters in Ingolstadt, Germany, having an experienced team of developers and data analysts. Opiria is a strong partner for many Fortune500 companies worldwide including Mercedes-Benz, Audi, Volkswagen, GM and BMW. Our vision is to directly connect consumers and companies worldwide and to become the world´s largest decentralized personal data marketplace.
Links:
Website: https://opiria.io/
Medium: https://medium.com/pdata-token
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCHlYIEsxIhTVwVCxxr_JTXw
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.new#new
Reddit: https://www.reddit.com/r/PDATA/
Why?
Because companies worldwide desperately need your personal data to understand your needs and requirements and to design better products and services that fuel desire. This is why personal data is the oil of the 21st century and a 250 billion USD/year industry. Today your personal data is being stolen from you by intermediaries and sold for big money to companies worldwide - and you get nothing in return.
We set out to change that. With Opiria-Platform & PDATA Token we make you and your data count! You own and control your personal data and Opiria-Platform enables you to exchange it with companies for PDATA tokens. You can sell your personal data such as your opinion about topics of interest, your feedback on how you use and like products and services, data about how you browse the internet, data from wearables and smart devices, smartphone usage, what you buy online and more … in return you receive PDATA Tokens that you can cash out for real money.
Who we are?
Opiria was founded in 2015 and has its headquarters in Ingolstadt, Germany, having an experienced team of developers and data analysts. Opiria is a strong partner for many Fortune500 companies worldwide including Mercedes-Benz, Audi, Volkswagen, GM and BMW. Our vision is to directly connect consumers and companies worldwide and to become the world´s largest decentralized personal data marketplace.
Links:
Website: https://opiria.io/
Medium: https://medium.com/pdata-token
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCHlYIEsxIhTVwVCxxr_JTXw
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.new#new
Reddit: https://www.reddit.com/r/PDATA/
🔥 Swiss Bank Lambastes Crypto: slow, costly and will break The Internet
In a recent report the Bank for International Settlements (BIS) condemned cryptocurrencies with some scathing comments about the collapse of the internet among other things.
It is not unusual for a bank to be critical of crypto. It is not surprising either since decentralized money competes with and goes against a bank’s business model which is to make money from its customer’s money. They will often fuel FUD harping on about terrorism funding and criminal activity but breaking the internet really is going a bit far.
In its Annual Economic Report, the Swiss-based central banker’s bank argued that the decentralized technology underpinning cryptocurrencies is no substitute for trusted fiat money. The report stated that the bank was prompted to look ‘beyond the hype’ following ‘intense interest’ in Bitcoin and virtual currencies. Predictably the authors were overtly critical.
For a bank to say crypto transactions are slow and costly is absurd, anyone that has tried a cross-border transaction between two different banks in two different countries will know the meaning of ‘slow and costly’.
The report went on to attempt a calculation on what it would take the current Bitcoin blockchain to process the current level of retail transactions taking place at the moment.
What it doesn’t consider is that the industry is embryonic and gradual adoption will lead to evolution in the technology. There are already several blockchains and digital currencies that are far more efficient than Bitcoin and more will follow. Would networks in 1994 been able to handle the current level of information flowing around the internet? No, they have evolved along with the technology and adoption.
In a recent report the Bank for International Settlements (BIS) condemned cryptocurrencies with some scathing comments about the collapse of the internet among other things.
It is not unusual for a bank to be critical of crypto. It is not surprising either since decentralized money competes with and goes against a bank’s business model which is to make money from its customer’s money. They will often fuel FUD harping on about terrorism funding and criminal activity but breaking the internet really is going a bit far.
In its Annual Economic Report, the Swiss-based central banker’s bank argued that the decentralized technology underpinning cryptocurrencies is no substitute for trusted fiat money. The report stated that the bank was prompted to look ‘beyond the hype’ following ‘intense interest’ in Bitcoin and virtual currencies. Predictably the authors were overtly critical.
For a bank to say crypto transactions are slow and costly is absurd, anyone that has tried a cross-border transaction between two different banks in two different countries will know the meaning of ‘slow and costly’.
The report went on to attempt a calculation on what it would take the current Bitcoin blockchain to process the current level of retail transactions taking place at the moment.
What it doesn’t consider is that the industry is embryonic and gradual adoption will lead to evolution in the technology. There are already several blockchains and digital currencies that are far more efficient than Bitcoin and more will follow. Would networks in 1994 been able to handle the current level of information flowing around the internet? No, they have evolved along with the technology and adoption.
