BitPesa - EverybodyWiki Bios & Wiki

Amazing news you might have missed (partnerships, new tools, new relationships)

I wanted to make this post right now when moral is (once again) at a low point. NANO is such a coin that is amazing and has an amazing community, yet it has to pass through many trials and tribulations to prove its own worth. Still NANO and the NANO FOUNDATION keeps on chugging, overcome each obstacle while only getting better. Yet the battle hasnt been won yet and we might face yet another dry season before rain season starts to happen.

A lot of you are well aware of the upcoming technical updates (V19 and V20) as this usually is the main focus of both the foundation and this sub. Because of that and the whole LIBRA annoucement overwelming the community at large, the latest news on business opportunities, new relationships and even partherships that brings direct exposure to the (targeted) public have been overlooked. All of this has been talked about in the weekly update (this medium post).

Now a quick note here (and a small jab to the community manager too) is that almost zero hype has been created from all of these GREAT news. If it was any other coin, even 1/10 of all these great changes would have been enough to cover the frontpage of CC and talked about in various blogposts/vlogs etc. We are talking about several Universities here that can have the option to use nano to pay for their lunch/coffee. That alone is HUGE and can be a great real life adoption as universities are places that usually are more friendlier towards innovation.

Lets dissect the weekly post a bit more and follow the links up to see what the announcements really mean. In the light of focussing mainly on business orientated news (partnerships, exposure, new relationships etc.), some things ofc will be skipped:

Interview Financial Times
First what is mentioned is the interview of Colin with financial times currency correspondent Eva Szalay. Here is her page on the official website of the Financial Times UK: https://www.ft.com/stream/ff54f58c-6708-45fa-8c26-5b5baa7eb794
Now i cant find the interview yet, so i take it hasnt been published yet. Still, if this happens, it would mean great exposure as the FT is seen as a credible source of news. This would expose NANO to real investors alone.

WIREX
Afterwards, the CEO of WIREX spoke:
Wirex CEO Pavel Mateev took to the stage afterward to discuss some of the challenges his company has faced in working to bridge the gap between cryptocurrency and traditional fiat currencies over the last five years. Pavel also took some time to outline Wirex’s intent to expand its services beyond Europe — to North America, Asia, and even Africa.

The fact that Wirex, which also have adopted NANO, speaks at a NANO conference already speaks of measures. Wirex on that note alone can be seen as a 'partner' of NANO, i.e. one of NANO's partnerships. Its interesting to note Wirex also intends to expand in to Africa.
For those who dont know what Wirex is, its a creditcard where you pay with crypto (and it says its accepted everywhere were visa is accepted too): https://wirexapp.com/ Within that context, NANO can already be used to buy regular things with through a creditcard from Wirex. This is yet another step for mainstream adoption.

Kappture
Still these are small things to consider (even though they do start to stack up!), the biggest announcement must be the partnership/adoption from Kappture:
Cutting-edge electronic point-of-sale device company, Kappture, presented their alpha integration of Nano into its merchant devices. The integration will mark the forward-thinking company’s first venture into offering users the opportunity to pay with cryptocurrency. With highly regarded institutions such as Saïd Business School and the University of West London among the users of the EPoS system, this integration will represent a significant step forward in the discovery of natural use cases of secure and decentralized cryptocurrency — with the ultrafast and fee-less transactions of Nano leading the way.

This might have been the biggest news of the week if Libra announcement didnt came out. Kappture adoption for NANO means exposure to a WILD range of publics. Please go to Kappture own website and see where there devices are being used. We are talking about:

- The Championships Wimbledon
- Football stadiums
- Opera house
- Cricket
- Rugy
- multiple universities (including Oxford) and business schools
- Several business clients including Peugeot

This is true adoption and major exposure to such a variety of people. These are mainly Europe/London based, which means NANO is set for adoption in the West (Europe). With wirex being a visa card where you can pay with NANO all over the world (as long as they accept visa), Kappture will give you the oppertunity to directly sell your NANO on several events/places through their ePOS system.

If that wasnt enough the FOUNDATION has come with its own ePOS system, that is crypto agnostic (i.o.w. it accepts all crypto) yet still is secure and private:

Appia
The much-anticipated unveiling of the Appia payment ecosystem capped the days' proceedings. Appia is a crypto agnostic service providing, amongst many other things, signed payment requests for strong customer protection. Built on the new Manta protocol, Appia focuses on security, privacy, and multi-channel capability. Appia will help simplify the process of both paying with cryptocurrency as a consumer and accepting it as a merchant.

This is not only amazing news for NANO, this is amazing news for the WHOLE crypto community! If it is cheap to make and easy to setup (targets that can be worked on), it could spread adoption all over the world.

Africa
Colin himself have said that developing countries will also become a business focus for the NANO foundation. Certain African countries already use digital cash called m-pesa and some have already become the first cashless society of earth. Its one of the reasons why Africa is very promising for blockchain currencies (as they can be trustless/permisionless/secure unlike m-pesa). Not only that, with Appia, Wirex and ofc the current (mobile/web) wallets and its tech, NANO FOUNDATION has strong tools for adoption in Africa.

Possible second layer privacy option
Now just think about NANO having a second layer privacy mixer (copying from the BANANO devs), and its hard not to be exited: https://medium.com/banano/introducing-camo-banano-bananos-privacy-layer-98a5bb0ecdb1. The library is already there. It can't be that hard to implement it, though its smart to first wait out and see how it works on BANANO (ironing all the bugs out) before implementing it on NANO. This is a fine example why it is extremely good for NANO to have a fork like BANANO, as it can become a testing ground for new tech (we really should be happy and Co exist/co work with each other in that front in my opinion).

This is part from the BANANO medium post, but its well worth to mention, especially the last part:
First of all, Camo BANANO Phase 1 as described here and available for now allows for confidential transactions, but not for real privacy yet. At the current stage, Camo BANANO is the equivalent of opening 20 BANANO accounts on your BANANO Vault and using all 20 accounts to do transactions, meaning that any person you’d interact with only knows 1/20th of your stack. Camo BANANO allows to make this process easier (as kind of a manual mixer) and thereby in its Phase 1 adds confidentiality to BANANO transactions as proof of concept.
Camo BANANO will, however, be further developed, and Phase 2 of Camo BANANO requires adding a new block type to the BANANO protocol, finally allowing for sum-of-squares private transactions.
Of interest for developers: Also released recently under MIT License and open to use for everyone, for every purpose (though it’s not guaranteed to be suitable for any purpose of course): BANANOjs library with Camo capability V 1.0 (check out the readme for the supported API and camo commands). BANANOjs is a JavaScript library that can be used to convert seeds to public keys, sign blocks, and more. It also has Camo BANANO functions, meaning any developer can send and receive transactions using the Camo BANANO L2 protocol, without doing this manually by using the Camo BANANO website.

These all on their own are worthy of their own medium post and should be talked about in vlogs/blogs etc. And i do wonder, with such wonderful news, why this all has been kept in a short medium post with not that even a lot of claps. These are major announcement yet are being kept quite for some reason. Maybe there is a reason for it though. As Libra has come and Bitcoin is taking off, maybe the marketing crew is abiding their time before dropping these bombs in to the public. Also, like i said, NANO is going to have to endure one last test, one last difficult price depression, before it has the chance to spread it wings.

TLDR:
- Financial times UK interview (exposure to serious investors)
- Wirex being a serious partner of NANO (also, paying with NANO world wide everywhere VISA is accepted!)
- Kappture partnership that includes exposure to several football/cricket/rugby clubs, theaters, universities (including Oxford), and other business (like Peugeot) - with this a good part of the Western/UK demography gets targeted, meaning immense exposure in the UK.
- Appia device, agnostic crypto ePOS to lower the bar accepting crypto in your store World Wide
- Oppertunities in Africa
- Possible second layer mixer for privacy option (through BANANO development)
submitted by Redac07 to nanocurrency [link] [comments]

Most successful mobile-phone-based financial service in the developing world M-Pesa fees are 0.26-3.19 USD (if registered user) Bitcoin Cash: No registration, fee 0.0009 USD, instant transfer.

Just found this interesting.
Transaction charges depend on the amount of money being transferred and whether the payee is a registered user of the service. The actual cost is a fixed amount for a given range of transaction sizes; for example Safaricom charges up to 66 KShs (0.64 USD) for a transaction to an unregistered user for transactions between 101-500 KShs (0.98–4.84 USD) and 27 KShs (0.26 USD) for a transfer to a registered user for the same amount. At the highest transfer bracket of 50,001-70,000 KShs the fee for a transfer to a registered user is 110 KShs (1.06 USD). The maximum amount that can be transferred to a non-registered user of the system is 35,000 KShs (338.59 USD), with a fee of 275 KShs (2.66 USD).
BCH fee: 0.0009 USD
Source: https://en.wikipedia.org/wiki/M-Pesa
Bitcoin Cash median fee: https://bitinfocharts.com/comparison/median_transaction_fee-eth-ltc-bch.html#3m
Now what I fail to understand is, what currency is the M-Pesa tied to?
submitted by SwedishSalsa to btc [link] [comments]

37Coins - Bitcoin Wallet for 3rd World

Hi there!
check out 37coins.com, a set of tools to bring SMS Bitcoin wallets to any mobile network. An Android application acts as gateway to the internet, while the clients can use 'dump' feature-phones. The challenge is making compromises to bring as much security as affordable to allow a client on an untrusted network to control the hosted wallet.
What you see is a prototype, it allows sending an receiving Bitcoins via SMS shortcodes. A voice-pin service is in place that validates big transactions, while a onetime token is used for small amounts. Anyone can open a gateway and advertise his number to people, for every transaction through your gateway you'll receive a fee. In this way 37Coins is different to mPesa or Kipochi because it can operate without a network provider's agreement and easily expand to new countries.
I'd be happy if people with old android phones would take a minute and set up a gateway. The more gateways there are, the more testing I can do. The wallet is also an easy way to get people to use Bitcoin, like a friend or your grandma, just send a small amount to their number, and they are in.
Please have a look at the page. Any feedback is very welcome!
submitted by johba to Bitcoin [link] [comments]

PaymentCoin ($POD) - Mobile simplicity of a system such as M-Pesa merged with cryptocurrencies.

PaymentCoin ($POD) is a modern digital currency inspired by M-Pesa and Bitcoin. WHAT-IF mobile payments simplicity merged with cryptocurrencies? We have been working on our project for a while and have the following roadmap:
Phase 1.0 = Build coin foundations Phase 2.0 = Enhance crypto access Phase 3.0 = Develop 'mobile' apps Phase 4.0 = Ecosystem modules: + Crypto navigator + Payment portal + Social trade.
So far we have developed the coin foundations and built a good little community. This has been 100% self funded including generous donations. We have some creative new developments in the works and on the roadmap which will all be delivered without any ICO etc. Our goal is to help expand the overall cryptocurrency userbase globally. More information can be found at www.podbitcoin.com
submitted by podbitcoin to u/podbitcoin [link] [comments]

letter to matt miller

Doing it here and open so the community can comment.

Matt, I wasn't at first interested in the 12 days of bitcoin series because I expected a lot of noobery and didn't recognize how involved you were getting with the community. After seeing some of your posts though I checked one out and was/am extremely intrigued; and now, I wait with bated breath for the next one to come out.
What turns out to be the most fascinating to me is your clear change in perception; from skeptical to clearly a bitcoin defender. It may be early to call you an enthusiast(?) but seeing your visceral reaction and reasonable defenses against the knee-jerk negativity of the other.. do we call them anchors? is A+ entertainment from someone who used to get excited anytime bitcoin was even mentioned on the news.
The videos are sadly shorter than I would hope; always seeming to be cut off due to what I assume are network television constraints. If it's at all within your pull, I highly encourage you to make web-only cuts a la the way the daily show deals with longer-form interviews.
I think your animations are hilariously terrible; but your target audience is not myself (nor most of the people here).
With all the intro out of the way, I want to say:
Wow dude, good fucking job. I'm extremely impressed with your attitude, the things you say, and your tone with the others you are talking to.
I'd like to see, and would recommend a segment on 'real' bitcoin security. You talk about how it's untouchable by governemnt, etc.. but how secure is your bitcoin stash.. how much third party risk are you exposed to.. how much third party risk do you need to be exposed to in order to use bitcoin.. how does this compare with a fiat bank? Some bits on cold storage (why not put .1 btc away for retirement?) in paper wallets, electrum seeds, etc..
I'd really like to see more of a debate between you and one of the more skeptical hosts.
Something I keep seeing again and again, both in your segments and the media at large is this store-of-value vs means-of-transaction dichotomy. I think it would serve you well to really grok the fact that bitcoin fundamentally cannot be a means-of-transaction without it being a store of value. In the same way one of these alt-coins with tiny market caps cannot transmit significant amounts of value over their network without severely affecting exchange rate; bitcoin is limited in its ability to exchange value by it's total market cap. Consider trying to exchange 15 billion dollars with bitcoin; to acquire/sell that much bitcoin is essentially impossible since it is bigger than the total market cap. Thus, with a market cap of zero, you are limited to zero ability to transact. Similarly, transactions in bitcoin are actually limited to a small (uncalculated afaik) fraction of total market cap of bitcoin to be considered useful.
That is not to say that bitcoin needs to be used as a store of value by everyone who wants to transact with it; just that bitcoin is only useful as a transactional mechanism if someone is storing value in it. Conversely, bitcoin as a store of value is directly linked to it's use as a transactional mechanism. Luckily the world seems to be full of people willing to speculate on / hold bitcoin for those who just want to use it to transmit.
When people say that bitcoin is a commodity and not a currency; logically bitch slap them and remind them that anything that acts like a currency is a currency. Take a quick peak at : http://en.wikipedia.org/wiki/Commodity_money and remind people that just because they don't want to use bitcoin as a currency doesn't mean that when I buy plane tickets / cars / food / drugs / electronics / services / hotel rooms / cocktails; I am not literally using bitcoin as a currency. If you can spend something to buy something it is a currency; regardless of any old-paradigm-clinging pundit's notion of what the world ought to look like.
You talk a lot about how the bitcoin community is different than wallstreet is trained to think; with people generously tipping you and others; I think a shout-out to Seans Outpost would be a good thing.. the way he/they have leveraged bitcoin to do insane amounts of good can maybe help some to get this bitcoin=drugs/child-porn/terrorism notion out of people's heads and into reality.
Talk about remittances; m-pesa loaded with bitcoin as a concrete example, but also the general notion of wellsfargo fees compared with average remittance size; and how bitcoin can compete with that.
Maybe this isn't ready for bloomberg tv, but for yourself, consider the implications of cryptocurrency as an idea for the long term. Consider the (extremely unfair?) divide that is created by those with access to essentially free federal reserve sourced capital and what it means for the world if the source of money is literally hashing power; what happens to the institutions what make up like 20% of GDP and 40% of all profits if this source of free capital dries up? What happens to the world's "have-nots" if the parasitic version of the "haves" have less?
Those who have seen the light see that cryptocurrency (not necessarily bitcoin.. though it appears IMO to be a long-term player) will change the world as dramatically as electricity, combustion engines and the internet. There are zero signs of decreased adoption; and looked at long term an S-curve adoption is all but imminent. Do you see it yourself? Do you see how this idea, a distributed proof of work, guaranteed-fair, block-chain ledger is just too-good and too obvious to EVER go away without something better coming along? What you are reporting on now will almost certainly go down in history as one of the most fundamental changes in human society.
That is not to say that fiat currencies will go away soon or ever; but bitcoin is a new class of thing; not to be compared as silver vs gold; but apples vs oranges. Comparing gold to bitcoin or bitcoin to dollars is like comparing a Model-T with a horse-drawn buggy; or a wind-powered mill (windmill) vs AC power in general.
Importantly, this same argument applies to the deflationary aspect of bitcoin.
First and foremost, bitcoin is still inflating, how this point gets missed by all the nay-sayers (and advocates) is beyond me, but its important to note that over the next year ~1.3 million new bitcoin will be minted; a horrendously large >10% rate of inflation!
Secondly, and more to the point; every single anti-anti-inflation argument is tied up in the notion that the non-inflating currency is the only available currency. There is no reason to think that this is, or ever will be, the case; or the goal. Bitcoin can and will run in parallel with fiat currencies for a long, long time to come.
And those who argue that people won't spend bitcoin because it's deflating, and is therefore useless.. push them to the logical extreme of the argument... if it's useless isn't it valued at 0?
Wont it inevitably go to zero? If it will inevitably go to zero, won't there be a period of time where it is going down in value? Won't people then be encouraged to spend their bitcoin?
Why do people buy cellphones today at 3x the cost of what they will cost them in 6 months?
Why do people spend bitcoins at all, which they clearly do (100MM through bitpay alone).. if this infallible economic argument is accurate? Push on them and see what they say. If a physicist says that "when i drop a ball it will fall at a certain rate" and someone drops a ball and it falls at a different rate; the physicist has to change his underlying theory. When an economist says "people wont spend bitcoin", and people actually do spend bitcoin, why are they not forced to change their underlying theory?
submitted by eof to Bitcoin [link] [comments]

[uncensored-r/Bitcoin] Bitcoin is fraudulent and nothing but insider Trading ...NO, Researchers find that one person lik...

The following post by Theguy3993 is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7qqmjt
The original post's content was as follows:
Yeah ok keep pumping out the articles about this so funny I would bet the articles stating bitcoin went to 1000$ on fraudulent money is 100% posted by insider traders or Wall St.. And Its no secret Wall St is driven by insider trading. Heck you can watch a documentary that shows how they do insider trading using loopholes of having a couple people down the line get the info that they "donate" money to for information. But anyways I just wanted to post another rant and laugh... Also, if you want to claim bitcoin is fraudulent based on a couple people who traded 36 million dollars worth of a coin worth 250 Billion on average give or take 50 billion or 0.000144% of bitcoin then I guess all banks should close tomorrow since 90% of all money banks handle have traces of cociane on them and clearly came from fraudulent places.
Again, I will state bitcoin will rise and fall like it always does pretty much only falling from fake news pumped in sync with sell offs to try to get more for cheap, and thats fine its so obvious to me also I have traded since before Mt.Gox and the coins never went to its peak and stayed there untill after the fall of Mt.Gox. The timeline may show that right before Mt.gox froze the price of BTC was going up. Until around that time but anyone who used MT.Gox knows that no one could move, trade or withdraw there funds long before it was froze and it finally froze from the lawsuits regarding this so essentially Mt.Gox was out of the game.
And for those who like facts here you are I will include the links also
https://en.wikipedia.org/wiki/History_of_bitcoin#2013
"On 15 May 2013, the US authorities seized accounts associated with Mt. Gox after discovering that it had not registered as a money transmitter with FinCEN in the US.[52][53]
On 17 May 2013, it was reported that BitInstant processed approximately 30 percent of the money going into and out of bitcoin, and in April alone facilitated 30,000 transactions,[54]
On 23 June 2013, it was reported that the US Drug Enforcement Administration listed 11.02 bitcoins as a seized asset in a United States Department of Justice seizure notice pursuant to 21 U.S.C. § 881.[55] It is the first time a government agency has claimed to have seized bitcoin.[56][57]
In July 2013 a project began in Kenya linking bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to spur innovative payments in Africa.[58] During the same month the Foreign Exchange Administration and Policy Department in Thailand stated that bitcoin lacks any legal framework and would therefore be illegal, which effectively banned trading on bitcoin exchanges in the country.[59][60] According to Vitalik Buterin, a writer for Bitcoin Magazine, "bitcoin's fate in Thailand may give the electronic currency more credibility in some circles", but he was concerned it didn't bode well for bitcoin in China.[61]
On 6 August 2013, Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are "a currency or a form of money" (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction,[62][63] and Germany's Finance Ministry subsumed bitcoins under the term "unit of account"—a financial instrument—though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.[64]
In October 2013, the FBI seized roughly 26,000 BTC from website Silk Road during the arrest of alleged owner Ross William Ulbricht.[65][66][67] Two companies, Robocoin and Bitcoiniacs launched the world's first bitcoin ATM on 29 October 2013 in Vancouver, BC, Canada, allowing clients to sell or purchase bitcoin currency at a downtown coffee shop.[68][69][70] Chinese internet giant Baidu had allowed clients of website security services to pay with bitcoins.[71]
In November 2013, the University of Nicosia announced that it would be accepting bitcoin as payment for tuition fees, with the university's chief financial officer calling it the "gold of tomorrow".[72] During November 2013, the China-based bitcoin exchange BTC China overtook the Japan-based Mt. Gox and the Europe-based Bitstamp to become the largest bitcoin trading exchange by trade volume.[73]
In December 2013, Overstock.com[74] announced plans to accept bitcoin in the second half of 2014. On 5 December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoins.[75] After the announcement, the value of bitcoins dropped,[76] and Baidu no longer accepted bitcoins for certain services.[77] Buying real-world goods with any virtual currency has been illegal in China since at least 2009.[78]"
In fact I was trading the Down swings around this time and remember it quite clearly and the price most deffinatly did not shoot up with any relation to Mt.Gox if anything Mt.Gox was the reason for the fall from the news and panic!
Also, WAKE UP PEOPLE. Wall St's total value is what 2.7 Trillion that took like 100 years to get. Does no one else realize the magnitude of Bitcoin to them. Bitcoin in 10 years or less including its many other Coins under it is worth 658-758Billion or 0.65-0.75T in 1/10th the time Wall St did it and its getting bigger all the time.
I've said it before and Ill say it again there scared because Bitcoin, (and altcoin), traders are used to volatility, We can loose 70% of our gains or investment in a day or an hour and still keep on truckin. But that type of volatility scared the pants off the big traders because they also have investors to explain these situations to and they have no merits to base there explanations on since nothing in the real world short of good and bad news or money in and money out of coins affects the prices very much. And for this reason Wall St will never like it and the fact its outside of there nice controlled systems they designed that benefit the rich and rape the poor. And this new system which does not allow credit, or BS is a new realm to them. Sure there might be some insider trading some of the time but the order books and live stats are available to anyone and everyone equally, unlike stocks where you need crazy memberships just to get short 15 minute delayed stats on the live markets and only the top accounts with over 50,000$ invested can even dream about getting anything better. And you have to pay 6.99-24.99 Per trade the lesser being for the 50k investor, leaving no learning curve for the small guys. So in my opinion its still a way better system and anyone can easily do some research like I have today and not panic sell from every little BS article and simple trade for yourselves. And Bitcoin to Altcoin trades BTW will cost you 0.06-0.08% and Bitcoin/Altcoin to USD (Or your Currency) will cost you 0.18-0.24% on most exchanges or platforms.
If you've read my rant this far I thank you for your time. Some article just really grind my gears :D
PS - Below is some handy trading platforms and tools
I would also like to take a moment just to say anyone interested in a FreeTrading Platform should check out Qt Bitcoin Trader from source forge. Or if your a bit more advanced there is a nice program you can try for free and the trial is the the same as the full version (I have used both since I bought it shortly after) and that is called LeonarDo by margin software a very talented German company.
Qt Bitcoin Trader - https://sourceforge.net/projects/bitcointrade Leonardo - https://marginsoftware.de/product.html
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

01-16 16:43 - 'Bitcoin is fraudulent and nothing but insider Trading ...NO, Researchers find that one person likely drove Bitcoin from $150 to $1,000 ....NO. Try more FUD' (self.Bitcoin) by /u/Theguy3993 removed from /r/Bitcoin within 564-574min

'''
Yeah ok keep pumping out the articles about this so funny I would bet the articles stating bitcoin went to 1000$ on fraudulent money is 100% posted by insider traders or Wall St.. And Its no secret Wall St is driven by insider trading. Heck you can watch a documentary that shows how they do insider trading using loopholes of having a couple people down the line get the info that they "donate" money to for information. But anyways I just wanted to post another rant and laugh... Also, if you want to claim bitcoin is fraudulent based on a couple people who traded 36 million dollars worth of a coin worth 250 Billion on average give or take 50 billion or 0.000144% of bitcoin then I guess all banks should close tomorrow since 90% of all money banks handle have traces of cociane on them and clearly came from fraudulent places.
Again, I will state bitcoin will rise and fall like it always does pretty much only falling from fake news pumped in sync with sell offs to try to get more for cheap, and thats fine its so obvious to me also I have traded since before Mt.Gox and the coins never went to its peak and stayed there untill after the fall of Mt.Gox. The timeline may show that right before Mt.gox froze the price of BTC was going up. Until around that time but anyone who used MT.Gox knows that no one could move, trade or withdraw there funds long before it was froze and it finally froze from the lawsuits regarding this so essentially Mt.Gox was out of the game.
And for those who like facts here you are I will include the links also
[link]1
"On 15 May 2013, the US authorities seized accounts associated with Mt. Gox after discovering that it had not registered as a money transmitter with FinCEN in the US.[52][53]
On 17 May 2013, it was reported that BitInstant processed approximately 30 percent of the money going into and out of bitcoin, and in April alone facilitated 30,000 transactions,[54]
On 23 June 2013, it was reported that the US Drug Enforcement Administration listed 11.02 bitcoins as a seized asset in a United States Department of Justice seizure notice pursuant to 21 U.S.C. § 881.[55] It is the first time a government agency has claimed to have seized bitcoin.[56][57]
In July 2013 a project began in Kenya linking bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to spur innovative payments in Africa.[58] During the same month the Foreign Exchange Administration and Policy Department in Thailand stated that bitcoin lacks any legal framework and would therefore be illegal, which effectively banned trading on bitcoin exchanges in the country.[59][60] According to Vitalik Buterin, a writer for Bitcoin Magazine, "bitcoin's fate in Thailand may give the electronic currency more credibility in some circles", but he was concerned it didn't bode well for bitcoin in China.[61]
On 6 August 2013, Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are "a currency or a form of money" (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction,[62][63] and Germany's Finance Ministry subsumed bitcoins under the term "unit of account"—a financial instrument—though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.[64]
In October 2013, the FBI seized roughly 26,000 BTC from website Silk Road during the arrest of alleged owner Ross William Ulbricht.[65][66][67] Two companies, Robocoin and Bitcoiniacs launched the world's first bitcoin ATM on 29 October 2013 in Vancouver, BC, Canada, allowing clients to sell or purchase bitcoin currency at a downtown coffee shop.[68][69][70] Chinese internet giant Baidu had allowed clients of website security services to pay with bitcoins.[71]
In November 2013, the University of Nicosia announced that it would be accepting bitcoin as payment for tuition fees, with the university's chief financial officer calling it the "gold of tomorrow".[72] During November 2013, the China-based bitcoin exchange BTC China overtook the Japan-based Mt. Gox and the Europe-based Bitstamp to become the largest bitcoin trading exchange by trade volume.[73]
In December 2013, Overstock.com[74] announced plans to accept bitcoin in the second half of 2014. On 5 December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoins.[75] After the announcement, the value of bitcoins dropped,[76] and Baidu no longer accepted bitcoins for certain services.[77] Buying real-world goods with any virtual currency has been illegal in China since at least 2009.[78]"
*** In fact I was trading the Down swings around this time and remember it quite clearly and the price most deffinatly did not shoot up with any relation to Mt.Gox if anything Mt.Gox was the reason for the fall from the news and panic!
Also, WAKE UP PEOPLE. Wall St's total value is what 2.7 Trillion that took like 100 years to get. Does no one else realize the magnitude of Bitcoin to them. Bitcoin in 10 years or less including its many other Coins under it is worth 658-758Billion or 0.65-0.75T in 1/10th the time Wall St did it and its getting bigger all the time.
[link]2
I've said it before and Ill say it again there scared because Bitcoin, (and altcoin), traders are used to volatility, We can loose 70% of our gains or investment in a day or an hour and still keep on truckin. But that type of volatility scared the pants off the big traders because they also have investors to explain these situations to and they have no merits to base there explanations on since nothing in the real world short of good and bad news or money in and money out of coins affects the prices very much. And for this reason Wall St will never like it and the fact its outside of there nice controlled systems they designed that benefit the rich and rape the poor. And this new system which does not allow credit, or BS is a new realm to them. Sure there might be some insider trading some of the time but the order books and live stats are available to anyone and everyone equally, unlike stocks where you need crazy memberships just to get short 15 minute delayed stats on the live markets and only the top accounts with over 50,000$ invested can even dream about getting anything better. And you have to pay 6.99-24.99 Per trade the lesser being for the 50k investor, leaving no learning curve for the small guys. So in my opinion its still a way better system and anyone can easily do some research like I have today and not panic sell from every little BS article and simple trade for yourselves. And Bitcoin to Altcoin trades BTW will cost you 0.06-0.08% and Bitcoin/Altcoin to USD (Or your Currency) will cost you 0.18-0.24% on most exchanges or platforms.
If you've read my rant this far I thank you for your time. Some article just really grind my gears :D
PS - Below is some handy trading platforms and tools
I would also like to take a moment just to say anyone interested in a FreeTrading Platform should check out Qt Bitcoin Trader from source forge. Or if your a bit more advanced there is a nice program you can try for free and the trial is the the same as the full version (I have used both since I bought it shortly after) and that is called LeonarDo by margin software a very talented German company.
Qt Bitcoin Trader - [link]3 Leonardo - [link]4
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Bitcoin is fraudulent and nothing but insider Trading ...NO, Researchers find that one person likely drove Bitcoin from $150 to $1,000 ....NO. Try more FUD
Go1dfish undelete link
unreddit undelete link
Author: Theguy3993
1: https://en.wikipedia.org/wiki/History_of_bitcoin#2013 2: www*w***dcoinind*x.*om/ 3: s*u*c*forge*ne*/*roje*ts/bitc*intr**e 4: ma**insof*ware.de*p**duct.ht**
Unknown links are censored to prevent spreading illicit content.
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uk,.,bitcoin,.,ethereum,.,bitcoin,.,explorer,.,bitcoin,.,exchange rate uk,.,bitcoin,.,euro,.,bitcoin,.,exchange rate chart,.,bitcoin,.,exchange rate history,.,bitcoin,.,e wallet,.,,.,bitcoin,.,e.g. crossword,.,bitcoin,.,e.g. crossword clue,.,bitcoin,.,e commerce,.,bitcoin,.,e-currency,.,bitcoin,.,e money,.,bitcoin,.,e card,.,bitcoin,.,ebook,.,bitcoin,.,e-voucher,.,bitcoin,.,e pill,.,bitcoin,.,fork,.,bitcoin,.,forecast,.,bitcoin,.,faucet,.,bitcoin,.,forum,.,bitcoin,.,for dummies,.,bitcoin,.,farm,.,bitcoin,.,fees,.,bitcoin,.,founder,.,bitcoin,.,future,.,bitcoin,.,fund,.,f#,.,bitcoin,.,price of,.,bitcoin,.,brother john f,.,bitcoin,.,bh f,.,bitcoin,.,msil,.,bitcoin,.,miner-f,.,bitcoin,.,gbp,.,bitcoin,.,graph,.,bitcoin,.,growth,.,bitcoin,.,generator,.,bitcoin,.,gambling,.,bitcoin,.,github,.,bitcoin,.,games,.,bitcoin,.,guide,.,bitcoin,.,google finance,.,bitcoin,.,global capital,.,g,.,bitcoin,.,price,.,g,.,bitcoin,.,charts,.,g,.,bitcoin,.,value,.,g,.,bitcoin,.,mining calculator,.,bitcoin,.,guiminer,.,ghash,.,bitcoin,.,g coin,.,bitcointalk,.,g cash to,.,bitcoin,.,bitcoin,.,miner.g,.,bitcoin,.,hard fork,.,bitcoin,.,hardware wallet,.,bitcoin,.,history,.,bitcoin,.,historical price,.,bitcoin,.,hack,.,bitcoin,.,how to buy,.,bitcoin,.,halving,.,bitcoin,.,how it works,.,bitcoin,.,hashrate,.,bitcoin,.,hardware wallet uk,.,bitcoin,.,h/s,.,c&h,.,bitcoin,.,main.h,.,bitcoin,.,hash.h,.,bitcoin,.,coins.h,.,bitcoin,.,best b#$h -,.,bitcoin,.,best b#$h -,.,bitcoin,.,lyrics,.,h&r block,.,bitcoin,.,h-not-zero,.,bitcoin,.,bitcoin,.,investment,.,bitcoin,.,in gbp,.,bitcoin,.,investment trust,.,bitcoin,.,index,.,bitcoin,.,inventor,.,bitcoin,.,in usd,.,bitcoin,.,india,.,bitcoin,.,inflation,.,bitcoin,.,in dollars,.,bitcoin,.,investment uk,.,i,.,bitcoin,.,in usd,.,i,.,bitcoin,.,in inr,.,i,.,bitcoin,.,to pkr,.,i,.,bitcoin,.,to dollar,.,i,.,bitcoin,.,to naira,.,i,.,bitcoin,.,in rs,.,i,.,bitcoin,.,= satoshi,.,i,.,bitcoin,.,is equal to,.,i,.,bitcoin,.,berapa rupiah,.,i,.,bitcoin,.,in inr in 2009,.,bitcoin,.,japan,.,bitcoin,.,jobs,.,bitcoin,.,japan legal,.,bitcoin,.,jesus,.,bitcoin,.,jobs london,.,bitcoin,.,jobs uk,.,bitcoin,.,july 2017,.,bitcoin,.,jokes,.,bitcoin,.,june 2017,.,bitcoin,.,jihan,.,bitcoin,.,j,.,bitcoinj tutorial,.,bitcoinj micropayments,.,mary j,.,bitcoin,.,belle,.,mary j,.,bitcointalk,.,j maurice,.,bitcoin,.,mary j,.,bitcoin,.,j p morgan,.,bitcoin,.,,.,bitcoin,.,j vty,.,обменник,.,bitcoin,.,bitcoin,.,kurs,.,bitcoin,.,kraken,.,bitcoin,.,koers,.,bitcoin,.,knots,.,bitcoin,.,key,.,bitcoin,.,kopen,.,bitcoin,.,korea,.,bitcoin,.,knowledge,.,bitcoin,.,kaufen,.,bitcoin,.,kurz,.,bitcoin,.,k line,.,bitcoin,.,k,.,bitcoin,.,k value,.,bitcoin,.,k chart,.,john k,.,bitcoin,.,bitcoin,.,k-market,.,k-market jätkäsaari,.,bitcoin,.,k čemu,.,bitcoin,.,bitcoin,.,live price,.,bitcoin,.,latest news,.,bitcoin,.,login,.,bitcoin,.,logo,.,bitcoin,.,ledger,.,bitcoin,.,live,.,bitcoin,.,local,.,bitcoin,.,lottery,.,bitcoin,.,london,.,bitcoin,.,loan,.,bitcoin,.,l-39,.,l-39,.,bitcoin,.,jet,.,bitcoin,.,l'altra faccia della moneta,.,l'ambassade,.,bitcoin,.,l'avenir du,.,bitcoin,.,l'histoire du,.,bitcoin,.,l'inventeur du,.,bitcoin,.,l'évolution du,.,bitcoin,.,l'avenir des,.,bitcoins,.,l'origine du,.,bitcoin,.,bitcoin,.,market,.,bitcoin,.,millionaire,.,bitcoin,.,mining software,.,bitcoin,.,meaning,.,bitcoin,.,mining hardware,.,bitcoin,.,machine,.,bitcoin,.,mining pool,.,bitcoin,.,magazine,.,bitcoin,.,mining rig,.,m,.,bitcoin,.,meaning,.,m.bitcoin2048,.,bitcoin,.,m of n,.,bitcoin,.,m of n transactions,.,siriusxm,.,bitcoin,.,triple m,.,bitcoin,.,m lhuillier,.,bitcoin,.,m pesa vs,.,bitcoin,.,m.bitcoin2048.com отзывы,.,mercado,.,bitcoin,.,bitcoin,.,news uk,.,bitcoin,.,network,.,bitcoin,.,net worth,.,bitcoin,.,news reddit,.,bitcoin,.,nodes,.,bitcoin,.,network fee,.,bitcoin,.,near me,.,bitcoin,.,nedir,.,bitcoin,.,news india,.,bitcoin.n,.,bitcoin,.,n.ireland,.,n&p,.,bitcoin,.,consulting,.,shares in,.,bitcoin,.,piotr_n,.,bitcointalk,.,piotr_n,.,bitcoin,.,m of n,.,bitcoin,.,bitcoinspot.n,.,bitcoin,.,or ethereum,.,bitcoin,.,owner,.,bitcoin,.,online,.,bitcoin,.,original price,.,bitcoin,.,offline wallet,.,bitcoin,.,online wallet,.,bitcoin,.,outlook,.,bitcoin,.,official site,.,bitcoin,.,on amazon,.,o,.,bitcoin,.,e seguro,.,o,.,bitcoinu,.,bitcoin,.,o'reilly,.,bitcoin,.,to aud,.,bitcoin,.,o'reilly pdf,.,bitcoin,.,to euro,.,bitcoin,.,to btc,.,sve o,.,bitcoin,.,o'reilly,.,bitcoin,.,and the blockchain,.,bitcoin,.,price gbp,.,bitcoin,.,predictions,.,bitcoin,.,price uk,.,bitcoin,.,price prediction,.,bitcoin,.,paper wallet,.,bitcoin,.,pizza,.,,.,bitcoin,.,price live,.,p np,.,bitcoin,.,r.i.p.,.,bitcoin,.,p-free,.,bitcoin,.,win32/bitcoinminer.p,.,bitcoin,.,qt,.,bitcoin,.,qr code,.,bitcoin,.,quote,.,bitcoin,.,quantum computing,.,bitcoin,.,que es,.,bitcoin,.,quora,.,bitcoin,.,questions,.,bitcoin,.,qt update,.,bitcoin,.,qt wallet location,.,bitcoin,.,quantum,.,bitcoin,.,q,.,bitcoin,.,q es,.,q son,.,bitcoins,.,q es un,.,bitcoin,.,q son los,.,bitcoins,.,q es el,.,bitcoin,.,q comprar con,.,bitcoins,.,bitcoins que significa,.,bitcoin,.,q significa,.,bitcoin,.,rate,.,bitcoin,.,reddit,.,bitcoin,.,review,.,bitcoin,.,rival,.,bitcoin,.,rate gbp,.,bitcoin,.,rise,.,bitcoin,.,regulation,.,bitcoin,.,rich list,.,bitcoin,.,rate history,.,bitcoin,.,regulation uk,.,r,.,bitcoinmarkets,.,r,.,bitcoin,.,uk,.,r,.,bitcoin,.,canada,.,r,.,bitcoin,.,cash,.,r,.,bitcoin,.,package,.,r,.,bitcointalk,.,r,.,bitcoin,.,mining,.,r,.,bitcoin,.,abc,.,r,.,bitcoin,.,analysis,.,bitcoinxt,.,bitcoin,.,share price,.,bitcoin,.,stock,.,bitcoin,.,split,.,bitcoin,.,segwit,.,bitcoin,.,stock price,.,bitcoin,.,shares,.,bitcoin,.,symbol,.,bitcoin,.,suisse,.,bitcoin,.,scams,.,bitcoin,.,stock market,.,bitcoins value,.,bitcoin,.,s 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chart,.,bitcoin,.,value history,.,bitcoin,.,value gbp,.,bitcoin,.,vs ethereum,.,bitcoin,.,vs usd,.,bitcoin,.,volatility,.,bitcoin,.,vs litecoin,.,bitcoin,.,value 2010,.,bitcoin,.,vs gold,.,bitcoin,.,v litecoin,.,bitcoin,.,v dollar,.,bitcoin,.,v euro,.,bitcoin,.,v gold,.,bitcoin,.,v blockchain,.,bitcoin,.,v onecoin,.,bitcoin,.,hack v.2,.,bitcoin,.,worth,.,bitcoin,.,wiki,.,bitcoin,.,wallet uk,.,bitcoin,.,what is it,.,bitcoinwisdom,.,bitcoin,.,whitepaper,.,bitcoin,.,wallet online,.,bitcoin,.,wallet address,.,bitcoin,.,wallet download,.,bitcoin,.,miner.w,.,bitcoin,.,w polsce,.,bitcoiny w polsce,.,bitcoin,.,w niemczech,.,bitcoin,.,w chmurze,.,bitcoin,.,w żabce,.,bitcoin,.,w polsce legalny,.,bitcoin,.,w chinach,.,bitcoin,.,w prawie polskim,.,bitcoin,.,w górę,.,bitcoin,.,xe,.,bitcoin,.,xbt,.,bitcoin,.,xt,.,bitcoin,.,xbte,.,bitcoin,.,xapo,.,bitcoin,.,xrp,.,bitcoin,.,xt price,.,bitcoin,.,xpub,.,x,.,bitcoin,.,generator,.,bitcoin,.,yahoo finance,.,bitcoin,.,year chart,.,bitcoin,.,year,.,bitcoin,.,yield,.,bitcoin,.,ytd,.,bitcoin,.,yubikey,.,bitcoin,.,yoda,.,bitcoin,.,yahoo finance chart,.,ybitcoin,.,magazine,.,bitcoin,.,y control de cambio,.,y combinator,.,bitcoin,.,ecuador y,.,bitcoin,.,bitcoin,.,by paypal,.,bitcoin,.,y el lavado de dinero,.,bitcoin,.,y deep web,.,bitcoin,.,y lavado de dinero,.,bitcoin,.,y litecoin,.,bitcoin,.,and blockchain,.,bitcoin,.,zebra,.,bitcoin,.,zerohedge,.,bitcoin,.,zimbabwe,.,bitcoin,.,zar,.,bitcoin,.,zcash,.,bitcoin,.,zapwallettxes,.,bitcoin,.,zarabianie,.,bitcoin,.,zug,.,bitcoin,.,zero,.,bitcoin,.,zero confirmations,.,bitcoin,.,z value,.,titan z,.,bitcoin,.,mining,.,titan z,.,bitcoin,.,z cash,.,bitcoin,.,nvidia titan z,.,bitcoin,.,mining,.,nvidia titan z,.,bitcoin,.,nakup zlata z,.,bitcoini,.,sklep z,.,bitcoinami,.,trgovanje z,.,bitcoini,.,co z,.,bitcoinem,.,bitcoin,.,0 confirmations,.,bitcoin,.,0.1,.,bitcoin,.,0.1.0,.,bitcoin,.,0 active connections,.,bitcoin,.,0 transaction fee,.,bitcoin,.,0 fee,.,0.15,.,bitcoins,.,0 25,.,bitcoins,.,0.05,.,bitcoin,.,in euro,.,bitcoin,.,2.0,.,0.1,.,bitcoins,.,0.21,.,bitcoins,.,bitcoin,.,1st august,.,bitcoin,.,1 million,.,bitcoin,.,101,.,bitcoin,.,10 year chart,.,bitcoin,.,10000,.,bitcoin,.,148,.,,.,bitcoin,.,10 year prediction,.,bitcoin,.,100k,.,bitcoin,.,100 dollars,.,bitcoin,.,10 years ago,.,1,.,bitcoin,.,in gbp,.,1,.,bitcoin,.,in pounds,.,1,.,bitcoin,.,in £,.,1,.,bitcoin,.,to dollar,.,1,.,bitcoin,.,in inr,.,1,.,bitcoin,.,to euro,.,1,.,bitcoin,.,in gdp,.,1,.,bitcoin,.,in eur,.,1,.,bitcoin,.,to myr,.,1,.,bitcoin,.,in sterling,.,bitcoin,.,2010,.,bitcoin,.,2017,.,bitcoin,.,2020,.,bitcoin,.,2018,.,bitcoin,.,2009,.,bitcoin,.,2013,.,bitcoin,.,21 million,.,bitcoin,.,2012,.,bitcoin,.,2014,.,2,.,bitcoin,.,to usd,.,2,.,bitcoin,.,price,.,2,.,bitcoin,.,to inr,.,2,.,bitcoin,.,wallets,.,2,.,bitcoins to dollars,.,2,.,bitcoins free,.,2,.,bitcoins a month,.,2,.,bitcoin,.,qt,.,bitcoin,.,2 year chart,.,bitcoin,.,2 paypal,.,bitcoin,.,3000,.,bitcoin,.,31st july,.,bitcoin,.,3 confirmations,.,bitcoin,.,3.0,.,bitcoin,.,3 year chart,.,bitcoin,.,3 month chart,.,bitcoin,.,300,.,bitcoin,.,365 club,.,bitcoin,.,3000 usd,.,bitcoin,.,30 confirmations,.,3,.,bitcoins in gbp,.,3,.,bitcoins,.,3,.,bitcoins to usd,.,3,.,bitcoin,.,in euro,.,3,.,bitcoin,.,to eur,.,bitcoin,.,3 unlimited,.,bitcoin,.,3 day chart,.,bitcoin,.,3 address,.,bitcoin,.,4000,.,bitcoin,.,4chan,.,bitcoin,.,4 billion,.,bitcoin,.,401k,.,bitcoin,.,4 backpage,.,bitcoin,.,43,.,bitcoin,.,40000,.,bitcoin,.,4k,.,bitcoin,.,4 year chart,.,bitcoin,.,48,.,4,.,bitcoins,.,4,.,bitcoins to usd,.,4,.,bitcoins in gbp,.,4,.,bitcoin,.,to eur,.,bitcoins 4 backpage,.,bitcoin,.,4 igaming,.,bitcoin,.,4 u,.,bitcoin,.,4 november,.,bitcoin,.,4 cash,.,bitcoin,.,5 year chart,.,bitcoin,.,51 attack,.,bitcoin,.,500,.,bitcoin,.,5 year,.,bitcoin,.,500 000,.,bitcoin,.,5000,.,bitcoin,.,50000,.,bitcoin,.,5 year price,.,bitcoin,.,5 years ago,.,bitcoin,.,5 year forecast,.,5,.,bitcoins in pounds,.,5,.,bitcoins,.,5,.,bitcoins to usd,.,5,.,bitcoin,.,free,.,5,.,bitcoin,.,in euro,.,bitcoin,.,5 years,.,bitcoin,.,5 minutes,.,bitcoin,.,5 min,.,bitcoin,.,5 unlimited generator,.,bitcoin,.,666,.,bitcoin,.,6 months,.,bitcoin,.,6 confirmations,.,bitcoin,.,6 month chart,.,bitcoin,.,6000,.,bitcoin,.,60 minutes,.,bitcoin,.,6 confirmations time,.,bitcoin,.,6 month price,.,bitcoin,.,6 years ago,.,bitcoin,.,60 day chart,.,6,.,bitcoin,.,network confirmations,.,,.,
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Hybrid Mobile money platforms the bridge between the unbanked and the crypto world.

New player to launch to the marketplace of crypto currency to the unbanked via Mobile Money Services, This Hybrid platform is built over the top of an existing Mobile Money platform using the the Blockchain to provide more security on all transactions.
With recent announcements of companies in the bitcoin space like 37coins with the decentralized gateway app, Coinapult that only days ago announced about sms Bitcoin globally along with their locking function to block the value of bitcoin against gold which should enable a more secure remittance into lower economies.
The big question is how much access to the end users for cashing out or in is there in the marketplace for such services based on bitcoin and how does this really benefit the unbanked?
Bitpesa is not the same as 37coins or Coinapult due to the fact they are actually using bitcoin as the remittance tool which is then converted to M-Pesa locally in Kenya. 17 million Kenyans (70% of the adult population) use M-Pesa through its network of 40,000 agents. This therefore gives Bitpesa a unique opportunity as they are using the existing services for people to convert bitcoins into M-pesa money which in turn gives a staggering 40,000 outlets to convert to real Kenyan Shillings.
What makes the difference between a hybrid mobile money platform and (37coins-Coinapul-Bitpesa). What effects will this have on the Altcoin arena and not just Bitcoin?
A platform that is already used in Africa, Regulated and compliant used by the financial industry along with a mobile money licence on the core of the platform already makes this one step ahead of 37coins and Coinapult. Functionality of being able to use Fiat and Crypto currency along with one major leap forward via tokenization this Hybrid platform can take any mobile money service, remittance company, payment processor and banks further by cross networking globally in a manner they are able to understand and use the benefits of the blockchain in a controlled and regulated manner.
Question is where will this leave bitcoin platforms like Bitpesa? will they exist or be extinct? Naturally they will exist as the hybrid platform is a network service provider to mobile money services, remittance company, payment processor and banks, In the same way swift works for fiat. Bitpesa unique resource in the Kenyan market is Bitcoin to M-Pesa, this therefore makes Bitpesa the ideal solution for the hybrid platform for the local communities in Kenya to cash out and with added value of new users and business. The Hybrid platform will be so easy to connect to via API supporting the real world and crypto world and using the blockchain as its secondary ledger which provides even more security to users.
Most of all what will make a hybrid platform more viable and really increases the concept of Bitcoin and Altcoins is the fact of the structure is based on swift
20% of the platform will be divided up between 20 Telcos 1% each. 5% of the platform will be divided up between 5 Payment processors 1% each 5% of the platform will be divided up between 5 Banks 1% each 5% of the platform will be divided up between 5 Remittance partners 1% each
The reality is could this be more damaging for the Bitcoin and Altcoin scene or a huge jump ahead in the marketplace based on 35 separate corporates from 4 different sectors also having a piece of the system linking the world together. “Reaches over 2 Billion users without counting china”
Question is what is the advantages and why would 35 corporates from 4 sectors even conceive of using such a system with no benefits to themselves for their marketplace along with the regulatory issues based on decentralisation etc.
It’s a very simple and straightforward solution to adoption called Tokenization and monetisation, By providing a solution that enables speed and reducing costs along with more product service in the global market is all that needs to be presented.
Why does Tokenization play a very large role in this platform and strategy, By using the blockchain and 2.0 technology which will make the future more clear and transparent also wider adoption of Bitcoin and Altcoins more viable and understandable from a user, corporate and regulatory aspect.
Tokenization means any real legal asset can be tokenized like some current project due to go via the hybrid platform of Carbon Credit, Gold and Fiat currency.

Hybrid and Original Sin (Economics)

http://en.wikipedia.org/wiki/Original_sin_%28economics%29 http://www.nber.org/papers/w10036
Most countries are not able to borrow abroad in their domestic currency. Due to "Original Sin" the developing countries are not able to trade their currency in international markets,“Hybrid and Hybrid Social Media” which empowers netizen to use their native currency for global trade via fiat currency conversion into crypto currency; and exchanging the crypto tokens instead of fiat currency in remittance market makes global usability of local currency. The objective of Hybrid is creating truly "global village currency" through bridging of crypto technology into real world banking.
Now we come to the real question what blockchain technology is being used? Yes we will say bitcoin? or is it going to be a mixture of Technologies? Yes it will be a mixture of blockchains due to the fact no blockchain has been tested or even put through it’s limits of stress testing for transactions per second.
Why is the TPS so important? very simple to date no blockchain has handled more than 1 million transactions per day “not even Bitcoin” so it could be said crypto currency has not yet seen it’s full potential or breaking point.
So we have discovered tokenization, but what platform will provide this? Counterparty? Bitshares? NXT? Dogeparty? Coloured Coins? Ethereum?
It’s very logical and simple to be able to do tokenization it must be built into the core of the blockchain so the only real option is NXT unless Ethereum starts tomorrow. NXT is launching the monetary system enabling networks to create their own backed tokens via the Hybrid platform backing it with there own Fiat or assets to endorse the value.
How does this benefit Bitcoin and Altcoins? very simple the tokenization of fiat currency in the format local partners can accept as its based on their local currency values enables more and faster adoption to crypto currency along with easier in and out areas users are commonly use to.
Now we come to the subject of what the Bitcoin and Altcoin world speak of as Pump and Dump! for the success of bitcoin it’s need and fact of survival is to stabilize its value for mass adoption, Based on the fact the Hybrid platform will be using function from the NXT Technology and core it is highly important that NXT as Coin does not go out of control as the value the coin could risk the transactions costs within the bridge of the real and crypto world.
The due fact is NXT was chosen to be the core baseline with the flexibility to add functions from other blockchains for the Hybrid platform was due to many situations, POS algorithm, Core integration of features and the community acknowledgment that the coin is simply a medium of reward to the network supporters which sets it aside to other Altcoins.
35 corporates can point nodes supporting the blockchain also they can obtain a small amount of the coin to preserve its value alongside supporting the network without any real cost. 1% = 10 Million NXT “200,000 USD” 0.1% = 1 Million NXT “20,000 USD” it’s all about simplicity and practicality, Bitcoin is very valuable as a currency and medium of value like an asset in the form of a crypto currency.
Question is? have we actually discovered what makes the hybrid platform different to 37Coins and Coinapult? will it benefit Bitcoins and Altcoins? will the exposed venture of 35 corporates benefit from the technology? Is the platform unique?
Again with a bit of mystery? What is behind the mystery of the hybrid platform why it sets itself aside to 37coins and coinapult? what’s the name of the platform? is it the only platform or is there more to come in the future? Do you know who is behind it?
The 35 corporates will be announcing themselves in their own time! But we can say Coinstructors a consultancy business advising the two main companies in which come from South Africa and the UK to bring the marketplace this hybrid platform which is a 1 piece of 11 piece puzzle.
Coinstructors consultancy provides the followwing services to the business world: Experienced lawyers, accountants, business advisors and technology consultants with particular understanding of digital currency/token technology and its potential application for businesses.
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06-10 14:52 - 'Videos in this thread: [Watch Playlist ▶] / VIDEO|COMMENT -|- [R. Kelly - The World's Greatest]|[1] - Bitcoin is the first universal currency and that reality is getting more real day by day / [M-Payer, M-p...' by /u/Mentioned_Videos removed from /r/Bitcoin within 47-52min

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Videos in this thread: [Watch Playlist ▶]1
VIDEO COMMENT
[R. Kelly - The World's Greatest]2 [1]3 - Bitcoin is the first universal currency and that reality is getting more real day by day
[M-Payer, M-pesa and a solar powered kiosk- Technology pays in Innovate Africa]4 [1]5 - Mpesa is changing Kenya in the most positive way.
[Pumping is like coming!! - arnold schwarzenegger - Pumping Iron.flv]6 [1]7 - Good on ya, must feel great!
I'm a bot working hard to help Redditors find related videos to watch.
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Author: Mentioned_Videos
1: su*t*et*.c**/_r4nbne*?f**ture=*layli*t 2: https://youtube.com/watch?v=WgcovIu3k9o 3: https://reddit.com/Bitcoin/comments/4nbnee/_/d42km4l?context=10#d42km4l 4: https://youtube.com/watch?v=mkmBPlwdI7I 5: https://reddit.com/Bitcoin/comments/4nbnee/_/d43jt5n?context=10#d43jt5n 6: https://youtube.com/watch?v=7nZ1v96-veM 7: https://reddit.com/Bitcoin/comments/4nbnee/_/d4389dw?context=10#d4389dw 8: https://np.reddit.com/SubtleTV/wiki/mentioned_videos 9: https://chrome.google.com/webstore/detail/mentioned-videos-for-redd/fiimkmdalmgffhibfdjnhljpnigcmohf 10: addo*s*mozil*a*org***-US*fir*fox/addon/me**ioned*v*d*os-*o*-reddi*
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Why the blocksize limit keeps BITCOIN free and decentralized Ufanyaji Wa biashara ya bitcoin kwa siku JINSI YA KUPATA PESA ONLINE HADI 15$ KWA SIKU Kutoa Bitcoin kwenda Bank Visa Card BITCOIN ni nini? Kwanini imekuwa biashara maarufu duniani? Fahamu yote ya muhimu

BitPesa является цифровой иностранной валюты и платежной платформы.. история. BitPesa была основана в ноябре 2013 года на Элизабет Rossiello со штаб - квартирой в Найроби, Кения и офисов и персонала в Лагос, Лондоне, Люксембурге ... From Bitcoin Wiki. Jump to: navigation, search. This is a directory of sites and services where account-to-account (A2A) transfers are possible. Bitcoin Accounts. The following are sites and services where bitcoins may be transferred from one user account to another, internally, without there being an external transaction (e.g., blockchain, bank network, etc.). Redeemable codes are bearer ... BitPesa provides wholesale cryptocurrency liquidity for individuals and institutions across Africa. In addition to fast settlement and number of currency options, BitPesa also boasts state-of-the-art security and the deepest liquidity of any African exchange. Luglio in Kenya è iniziato un progetto storico che collega bitcoin a M-Pesa, un popolare sistema di pagamenti mobili, in un esperimento concepito per stimolare pagamenti innovativi in Africa. Durante lo stesso mese il Dipartimento per L'Amministrazione e la Politica dei cambi in Thailandia ha dichiarato che bitcoin non ha alcun quadro giuridico e sarebbe quindi illegale, il che ha ... 1 PESA = 0.09 USD: Tokens: 250,000,000 PESA: Tokentype: ERC20: Hardcap: 18,500,000 USD: Softcap: 5,000,000 USD: Platform: Ethereum: Distributed: 50%: Accepting: ETH, BTC: We’re building a blockchain for business credit data. SmartPesa Credible is the only global distributed ledger to store business identity, self-declared attributes, and transactional statistics on the blockchain. This new ...

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Why the blocksize limit keeps BITCOIN free and decentralized

Karibuni sana kwenye tutorial yangu tena hii tutorial ita kufundisha jinsi ya kupata pesa online hadi 200$ kwa wiki kwa kufanya survey usisahau kusubscribe youtube channel yangu ilikuwa wa kwanza ... CoinSutra - Simplifying Bitcoin & Cryptocurrency Recommended for you 8:32 Fahamu jinsi ya kutengeneza pesa kupitia biashara ya mtandao, na mitandao feki ya Bitcoin - Duration: 26:29. Bila shaka umewahi kuona ama kusikia kuhusu kitu kiitwacho BITCOIN. Na hapa Tanzania BITCOIN imekuwa biashara maarufu sana. Lakini, wengi wetu hatuna ufahamu mkubwa sana kuhusu biashara hii ... Recorded at the Athens Bitcoin and Blockchain meetup on Jan 31st 2018. About chamas: "https://en.wikipedia.org/wiki/Chama_(investment)" About ChamaPesa: http... Habari ndugu Leo ntawaonesha jinsi gani unaweza kujaza na kupata token zako za harambee zenye thamani ya dollar 70 USD , fuatilia YouTube channel yangu ntakufundisha hadi kutoa pesa hizo benki ...

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