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Topics - mayuri27

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News / Bitcoin price will go up?
« on: February 04, 2018, 04:38:55 pm »
Is the price is going up and up ?
Will it touch the 40000k $ ?

Cryptocurrencies Discussion / Is bitcoin will go under 4.5k ?
« on: February 02, 2018, 07:40:00 pm »
Bitcoin is going down and down.
Still it is going down.
Is it touch the 4.5 k?

News / Is bitcoin replace?
« on: February 01, 2018, 07:00:56 pm »
There are lots of cryptocurrency in the market which gives you more profit than bitcoin.
So bitcoin will replace by these ?

News / Bitcoin is too much risky?
« on: February 01, 2018, 06:51:18 pm »
Right now price is going down and down.
Is it too much risky to invest in it ?

Cryptocurrencies Discussion / Bitcoin is dangerous or not ......
« on: January 31, 2018, 01:57:16 pm »
Some people think bitcoin is too dangerous now a days.
What you think about it.

News / Bitcoin is still not legal in India ?
« on: January 30, 2018, 10:26:43 am »
Bitcoin is not still legal in India and there is no proper guideline for it in government.
Recently Income Tax department capture and sealed some of the account who are dealing with bitcoin.
What will the future of bitcoin In India no body knows..

Cryptocurrencies Discussion / Is ripple coin price going high ?
« on: January 30, 2018, 10:15:57 am »
Right now ripple coin is booming in the market.
Though it is not a cryptocurrency but still doing well.
What about the price of ripple in near future?

Politics & Society / What things make you happy?
« on: January 30, 2018, 10:11:45 am »
There is lots of things in our life which make up happy.
According to me happiness to see on other face makes me happy.
What's yours?

Bitcoin is holding the number position since long.
But right now bitcoin in the market place going low day by day.
What you think this will affect the market place of bitcoin?

Cryptocurrencies Discussion / Is bitcoin risky?
« on: January 30, 2018, 10:07:59 am »
Right now price of bitcoin is going down and down everyday since last couple of weeks.
Is it risky to invest in bitcoin now ?

Politics & Society / Man compare with woman ?
« on: January 29, 2018, 07:11:10 pm »
I think according to muscle power man are better than woman.
In management woman are better in organising things.
What you think?

Mining / Is bitcoin mining profitable right now?
« on: January 29, 2018, 07:08:33 pm »
Bitcoin mining is become tougher and tougher day by day.
What you think still it is profitable?

The US Federal Bureau of Investigation (FBI) has warned Internet users about false death threats as a new method of cryptocurrency extortion, ABC California reported on Friday Jan. 26.

One of the victims, introducing themselves as Christiane, used FBI’s Internet Crime Complaint Center (IC3) to inform the agency that she received an email with a death threat. The email said: “I’ll be short. I’ve got an order to kill you,” and demanded Christiane to pay $2,800 in U.S. dollars or Bitcoin in order be spared by the would-be assassin.

Even though she realized that it was a scam, Christiane told ABC7 that she found the message distressing enough to make her look over her shoulder in fear of a potential threat on the way to work.

According to FBI agent Laura Eimiller, the case represents a new method of online extortion that is specifically increasing in frequency in California right now, ABC reports.

Eimiller also emphasizes the fact that the emails are structured and written in a way that is likely to make the target feel deeply affected, even if they are able to recognize them as a hoax.

Thus, FBI warns Internet users and encourages potential victims to provide information about any new cases, given that the number of reports is “about 15 percent of the scams that are actually taking place,” according to Eimiller. She added that the crimes like these are “heavily underreported.”

Texas regulators have issued an unconditional cease and desist order to the self-described ‘cryptocurrency bank’ AriseBank on Friday, Jan. 26, ordering it to halt any services to the state’s residents.

In a formal press release Friday, the Texas Banking Commissioner Charles G. Cooper implied the business, which has generated considerable controversy with its alleged offerings, does not in fact offer “banking services.”

The release explains:

“The Cease & Desist Order was based on the Commissioner’s finding that AriseBank violated Texas Finance Code Chapter 31 by using the term “bank” in its name and marketing materials to imply that it is in the business of banking in this state”

“The order requires AriseBank to cease and desist from implying that they engage in the business of banking in Texas. AriseBank is further required to clearly disclose that they do not offer their services to consumers in Texas,” it continues.

Arise came to prominence late last year when an alleged partnership with BitShares and a launch of an ICO were decried as a scam in cryptocurrency circles.

Describing itself as “the first ever decentralized banking platform,” the project was led by Jared Rice, a figure who himself has attracted negative publicity for defrauding business partners according to complaints portal Ripoff Report.

Arise’s ICO and partnership sparked a dedicated review of the website’s activities, researchers similarly concluding the business was a “total scam.”

Earlier, Cointelegraph reported that the state of Texas had similarly ordered the now-defunct platform Bitconnect to cease and desist in the selling of unlicensed securities.

According to the Texas order, Arise must now comply with the terms and adopt a 100% hands-off approach to Texas consumers by January 26, after failing to reply to the original order issued January 5.

Cointelegraph was unable to verify the situation with AriseBank due to its website no longer functioning as of press time Monday.

What is causing this Ripple in the market?
Ripple, a token created by the company of the same name that aims to facilitate transfers between major financial corporations. In this goal, it has seen much success over 2017 with a few major banks partnering with it.

Despite working with central banks, it is the centralized nature that has many up in arms. When the system was created in 2013, the development team removed many of the key features you find in most other cryptocurrencies.

This was done in so that the token could be geared towards these major financial institutions, which is fine and probably necessary, but it becomes problematic when Ripple is counted in the same breath as Bitcoin and other very decentralized digital currencies.

Ripple issues its token in a centralized fashion, unlike other coins which are mined and incentivized by people dedicating computing power to accumulate them.

“It’s not a cryptocurrency”
Many in the community, including creators of other coins, have slammed Ripple’s definition as a cryptocurrency.

“For the most part, I’m not frustrated or angry with Ripple, I’m frustrated with the community’s general lack of knowledge these days (i.e., Ripple is a symptom, but not the problem itself),” Reddit user thieflar, a moderator of the Bitcoin subreddit, tells Inverse.

“The fact that Ripple is labeled as a “cryptocurrency” and included on sites like CoinMarketCap has been, for the most part, seen as misleading and inaccurate for many years now,” thieflar adds.

Litecoin creator, Charlie Lee, has said that he does not believe that Ripple should even be considered a cryptocurrency.

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