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According to Grayscale analyst, Zcash could reach $63K by 2025

An analyst at the investment firm behind Bitcoin Investment Trust predicts that the price of Zcash could reach $63,000 by 2025 if investors start using it to replace traditional offshore banking services.

Investment that offers the opportunity to invest in cryptocurrencies firm Grayscale Investments published the investment thesis for Zcash Trust, the newest fund in crypto-based investment products, last week.

Grayscale analyst Matthew Back, in his 20-page thesis, stated that Grayscale’s “first globally accessible fund”

Beck also stated that the offshore banking sector has declined in recent years due to tax evasion and increased competition.. He writes that Zcash has the potential to expand this opportunity to everyone, as well as fill the vacuum created by the declining offshore banking sector.

Even if it takes 1 percent of the wealth held offshore, it could increase by 1500 percent

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Beck’s calculations could increase significantly if Zcash captures even a small percentage of the wealth held in offshore accounts. should increase to $6300. If Zcash manages to capture 10 percent of the offshore wealth, it could go up to $63k.

But Zcash also has a formidable competitor like Monero.

On the other hand, Bulletproofs and Lightning The expected innovations in the Bitcoin network, such as the Network, can increase the privacy of Bitcoin transactions and reduce the demand for privacy-oriented altcoins.

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Is China the real threat to Bitcoin?

What is the real threat to Bitcoin? Bitcoin has suffered the biggest wound in the past, Mt.. Got it from the Gox crisis. In the future can it buy from China?

The real threat to Bitcoin: China

Bitcoin China problem is one of the main agenda items of popular social media platform reddit these days.. In fact, it was the user with the nickname u/malia912 who is obviously new to the Bitcoin industry.. The user shared that he just realized that the lion’s share of the Bitcoin mining industry is in China.

This is actually not confidential information.. There are many reports revealing that about 70% of BTC mining is done in China.. It is quite natural for new entrants to be worried about the Chinese monopoly in the industry after encountering this information.

Please See: Bitcoin news, agenda and last minute developments

China’s undisputed dominance in the BTC mining industry has brought the continuation of Bitcoin’s survivability issue with it.. Some users participating in the discussion claim that this problem can be fixed with a change to the blockchain algorithm.. According to this view, it will be sufficient to add an add-on to the Bitcoin mining algorithm that will prevent ASIC miners from working.. For example, Monero is trying to take a similar action in October. The Random X package to be added to the software will serve exactly this purpose.

According to another view, the current situation is so dire that it can bring the end of Bitcoin.. The main threat to Bitcoin is essentially the Chinese government.. Because there are extremely large mining pools operating on Chinese soil. Cheap labor, cheap ASIC production, and low electricity costs are driving pools in China to grow.. Putting a gun to the heads of the few people who manage the mining pools and forcing the network to double-spend. The legend of Bitcoin can be ended by the hand of the Chinese monopolist, which has reached the size of a 51% attack. the suggestion came. He talked about rewinding the Bitcoin network to bring back $41 million. Let alone the action, this sick thought itself will do heavy damage to the soul of Bitcoin.. As a matter of fact, CZ also realized his mistake and later apologized for voicing such an opinion.

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Raising $1.16 million in pre-sales, IQeon is ready for ICO

Building a revolutionary ecosystem for the PvP gaming platform, IQeon launches its main ICO. The startup is among the first to offer its users easy ways to monetize in-game earnings.. Based on Ethereum Blockchain technology, the platform has an infrastructure that is extremely reliable and provides transparency in financial transactions.. A crypto wallet has also been developed on the platform in order to store the currency of the system, whose symbol is IQN, and to convert it to other cryptocurrencies and classical currency.

The Main Round of IQeon ICO started on January 30, 2018 until March 13, 2018 will last. The number of tokens put up for sale for October 1 was 6.5M and the determined token value was 1 Ethereum = 325 IQN. Apart from ETH, IQN tokens can also be purchased using BTC and LTC.

IQeon developers offer the opportunity to purchase tokens at a discount of up to 30% during the main ICO period, which is about to start on January 30, 2018.

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1 of ICO. 30% off on the day

Week 1 of ICO, 25% off

ICO 2. Week, 20% off

ICO 3. Week, 15% off

ICO’s 4. 10% off in week

Week 5 of ICO, 5% off

IQeon team successfully completed two preICOs (pre-sale). Having raised a total of $1,165,000 during the pre-sale, the team closed the preICO before the end date.. One of the IQeon investors, a company responsible for 100 million euros.

The IQeon team states that they are working hard for the success of the IQeon decentralized gaming platform. It seems that they are doing their best to provide a stable and secure solution for gamers, game developers and investors.

IQeon team:

We welcome everyone to participate in the main token sale! To learn more about the project and the upcoming ICO, you can visit the IQeon official website or follow the project on social media channels.

Tartu mnt 83-205, Tallinn,
Estonia, Harju maakond,
10115
[email protected]

[email protected]
https://iqeon.io

Krypto Money Haber is not responsible for any damage, profit or loss or loss related to the information contained in the article and related products or services.. Cryptocurrency news recommends that readers carefully do their own research about the company, product or service mentioned in the article.

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Facebook Lifts Cryptocurrency Ad Ban

Facebok is changing its ban on cryptocurrency ads with its latest decision..

The social media giant will ease its precaution against crypto money and crypto money service advertisements by one level with its new “crypto money products and services request form”..

According to the report it published on its official blog, Facebook seems to have changed its decision a few months ago in line with social media channels such as Google and Twitter.

*Note: Google announced that it would ban cryptocurrency ads in June. , but we still come across ICO and crypto money ads on Google;

Although the report states that Facebook will not be allowed to promote ICOs or similar investments, I’m on my Facebook account “probably just like you guys”. I’ve been encountering ICO ads for a long time, like” Although it states that its ads will not be allowed, I have been encountering these ads for a long time.. Facebook is actually announcing that it has given up fighting against crypto money ads that it does not control / cannot control with its latest report.. At the same time, it gives up on turning a big advertising industry down.

You can get detailed information about the subject by reading this legal requirement indicator published by Facebook for cryptocurrency ads.. The indicator includes information that Facebook has learned about whether crypto money services are meeting their legal obligations..

In addition, it is stated that the published report may be updated in the coming weeks..

Facebook’s director of product management, Rob Leathern, also makes this statement on the subject;

“With the new regulations, we do not guarantee that we will publish ads for the entire cryptocurrency industry.. On the other hand, after listening to the requests and explanations of users and checking their compatibility with our wishes, we can publish these ads and innovate in our regulatory requirements.”

The Cryptocurrency Advertising Industry Welcomes the Decision

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Speaking on the subject after the decision and working on cryptocurrency marketing/marketing, the names emphasized that this development is very positive news for the cryptocurrency industry..

Ditto PR founder Trey Ditto commented on the decision, speaking to CoinDesk;

“With this decision, Facebook gives the green light to quality blockchain, cryptocurrency and ICO projects. And we can say that it attracts potential investors to our industry.

At the same time, Facebook will greatly mobilize and grow its own advertising revenues with this decision.. There is great interest in this area and projects are very eager to spend their advertising revenues.”

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The sale of a football club was made with crypto money

25 percent of Rimini FC 1912, which is in the Italian Serie C league, was bought by a company. But Quantocoin made the purchase with cryptocurrency. Thus, Rimini FC 1912 football club won the title of the first club to be bought with crypto money. It was said that we want to reduce corruption in football by doing these operations on our platform.

Football is a very big factor for the spread of cryptocurrencies

Previously, UEFA has UEFA provided for match tickets Blockchain system. Football, which is loved by almost everyone all over the world, from 7 to 70, and billions of dollars are returned, can act as a catalyst for the spread of cryptocurrencies. signed an agreement and the costs of these partnerships were paid to the clubs with Bitcoin .

If we talk about the use of crypto money in Turkish football, Harunustaspor joined Ömer Faruk Kıroğlu, who he added to his team at the beginning of the year. He paid half of the transfer fee of .

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Global shipping giant UPS can accept Bitcoin

Global shipping giant UPS may be considering accepting Bitcoin.

According to newly published patent filings, the company is examining a safe deposit box system that accepts payments in digital currencies. In addition to traditional payment systems, Bitcoin is listed as a payment method in the patent filings.

In more than 20 patent files published by the US Patent and Trademark Office in 2017, Bitcoin was mentioned as a possible payment option. This number has slightly decreased compared to 2016.

There are more than 50 patent files published by the brand office in the last two years showing Bitcoin as a payment method.

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The famous Youtuber who earns Bitcoin with his Nintendo Game Boy!

The increasing popularity of Bitcoin also increases people’s interest in Bitcoin production.. Stacksmashing, one of the famous faces of Youtube, is one of the ones who have increased interest in Bitcoin!

Excavating Bitcoin with Nintendo Game Boy

The growing popularity of digital assets is forcing people to explore different ways to mine cryptocurrencies. Stating that he became interested in Bitcoin mining after Tesla CEO Elon Musk learned that he would sell Tesla for Bitcoin, Stacksmashing said what He reports that unfortunately he could not find an affordable GPU in online stores, so he decided to use his gaming hardware for this business.

Mining Bitcoin on Game Boy

Original and unmodified to mine Bitcoin Youtuber, who chose the Nintendo Game Boy, talked about the steps he took.

“To mine, we need to somehow communicate with a Bitcoin node that communicates with the bitcoin network and gives us the data needed for mining.. But the Game Boy doesn’t have Wi-Fi or anything, so how do we get it to communicate with the Bitcoin node?

To solve this problem, we connect our Game Boy with a Raspberry Pi Pico. we can connect it to computer.”

”Game Boy has a connection port which is normally used for Pokemon trading and other very important things, we can use this port to connect our device to computer using Raspberry Pico. I decided to use the Raspberry Pi Pico because it makes it really easy to implement all kinds of IO protocols and I’ve been wanting to test this device for a long time.”

Having a Nintendo Game Boy and using these devices for Bitcoin mining People who want can follow the remaining steps in the video below.. However, we regret to say that even if you do this, you will not be able to earn a single Bitcoin in your lifetime.

Unfortunately, Game Boy cannot go beyond about 0.8 hash rate per second.. Current Asic devices can reach about 100 terahash per second.. This means that the Game Boy hash rate is 125 trillion slower than a current Asic device.

In short, mining a Bitcoin at this rate several trillion years will take. However, this method still takes its place in the archives as a method that can be tried in terms of gaining Bitcoin mining experience.

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How to mine cryptocurrencies at the lowest cost?

Contents

  • How to mine cryptocurrencies at a lower cost?
  • Generate electricity with solar energy
  • Mining using wind energy
  • Using shared electricity

How to do mining, cryptocurrency mining or Bitcoin mining at the lowest cost? Cryptocurrency mining is not as easy as it seems, as a profession that many people around the world have acquired as a new profession and is shown as a method of making easy money.. While it is one of the reasons why people mining cryptocurrencies for the sake of a single whim or for the sake of short-term money enthusiasm is one of the reasons that is completely inappropriate and increases the risk of completely losing money, if you are not careful, it can have consequences up to the money in hand.

Crypto The person who will be mining money should have some knowledge and knowledge about cryptocurrencies, as well as a number of information on how to earn money and what to pay attention to while mining, properly and with full accuracy.. Classically, people’s words “I will do anything, I will do anything” in ordinary jobs is not as easy as it seems when it comes to Bitcoin mining because it requires both cost, expense and knowledge.

This profession, which causes many people to have a positive opinion about cryptocurrencies, is known as only one and the most important fact that can not be missed, that thousands of people in the world provide for their homes and make thousands of people earn money.. This word is often confused with ordinary physical mining, as mining can be defined as a job or a profession.. Just as a miner working in a coal mine today spends hours and has to spend a lot of physical power to mine coal, cryptocurrency mining can be defined as digital mining with the management of hardware parts, on the contrary.

How to lower mining cryptocurrencies with cost?

There will be a number of requirements to mine cryptocurrencies at low cost. If you live in one of the countries with high energy prices like Turkey, you should know very well that mining cryptocurrencies using household energy in the first place will not benefit you.. In this regard, among some people in Turkey, “We will earn with dollars, what happens if electricity is high?” He knows what they are saying and he needs to be warned about it.. As one of the countries with the most expensive energy price in the world compared to its income, Turkey raises energy prices at intervals according to the dollar rate increases, and the 10% more profit you will earn from mining may cause you to lose 10% in your hand due to the dollar rate hike in the energy price.

To talk about the legal ways how you can do mining at the lowest price in order to do mining, it is necessary to say that you only have 2-3 different chances in Turkey.

Generating electricity with solar energy

Getting efficiency from solar energy and mining cryptocurrencies with solar energy are among the easiest legal ways to do crypto currency mining with the cheapest cost in Turkey and in the world.

The mining devices with solar energy panels that you will install as a full installation on the roof of your house or in a certain area to extract its energy (p anels won’t be enough) you may have gotten cryptocurrency mining almost for free after the first few months. For this, panels should be in a large area and in an area that receives as much sun as possible.. In order to transfer the energy to be produced in these panels to household electricity or to store it in a certain way, this will not be possible in an ordinary apartment, since you need to set up a full installation.

Areas where solar energy can be used actively if you have a field of your own or If you have a reliable place like an empty land with title deed, you can mine cryptocurrencies with much more affordable prices and lower costs by taking the necessary precautions.

Mining using wind energy

If you have wind power, if you have tribunes that you can use the electricity you produce for yourself instead of selling it to private energy companies, and in this way, you can mine cryptocurrencies with a cost close to free.. Let us remind you that although many crypto money miners in the world have such thoughts, they do not have the necessary money and they evaluate these thoughts because there are too many crypto money miners in foreign countries, and Iceland and Ireland are two countries that are very well known in this field. .

If you are a person who owns wind energy panels or if you have the money to have them, you can consider mining with near free energy.. What should not be forgotten here is that since the electricity obtained from wind energy is sold at very high prices in Turkey and in many countries of the world, people who own wind energy turbines sell the energy they obtain directly from their own energy panels to private energy companies instead of dealing with mining, and this is much more expensive in return for the energy they sell. It should not be forgotten that they make a lot of money.. It can be easily seen that the reason why the businessmen, who own many wind power turbines, are not in great demand despite the fact that the income they earn from them is very high, is due to the costs, location problems and similar issues, which are usually at the first stage.

Common electricity use

There are houses with “non-meter” shared energy use, which is still valid in Turkey and some Middle Eastern countries.. These houses can sometimes be in the city, sometimes outside the city.. Considering that 8 flats are using energy with a single meter in common, you may have done crypto money mining at a much cheaper price.

Calculate that there are 4 flats in case of a monthly electricity bill of 1000 TL in common energy usage areas. If we do, 250 TL will fall to you.. Unfortunately, although this will be a practice that may cause many people to pay more energy money than they use, it can be considered as normal since other residents of the flats do not have a special hour for themselves about the future energy amount and do not have a good idea about the use of their rights.. Due to this method, it will perhaps be possible to see in the future that there may even be homeowners who connect a private watch to their own apartment. It is of great importance for people to act by paying attention to this and to do Bitcoin mining with a more affordable price.

*Some applications may differ regionally.

** The individual is responsible for all issues such as whether these applications are legal or not, and for all issues such as security, Bitcoinsistemi.com will not accept any responsibility for the damages that may arise due to these suggestions.

***This article, which is prepared for information purposes, is not a recommendation, A certain set of current/non-current energy consumption products prepared and based on how to obtain a cheaper profit with cheaper energy costs. prepared by calculating the fees. It should be taken into account that the data and energy prices may vary regionally, and it is important to act carefully and apply after good research.

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Why Is The Price Of Bitcoin Falling?

Price fell from $7700 to $5500

Bitcoin reached a new record of $7700, right after the cancellation of the expected fork on Wednesday. While everyone was making optimistic predictions about the price, the price of Bitcoin started to decrease on Friday.

While investors who do not follow the market closely could not make sense of the situation, some news sites said, “Is Bitcoin dead?” The news with the title naturally created panic.. The reason for the drop is as follows:

According to common belief, with Segwit2x’s cancellation, S2X supporters turned to Bitcoin Cash. Bitcoin Cash’s biggest supporter CEO Roger Ver and Mining firm owner Jihan Wu also took advantage of the situation. Big investors (whales) started a flow here by exchanging their Bitcoins to buy Bitcoin Cash.

BTC.top CEO Jiang Zhuoer, who has a serious mining power behind him, said before:

I will do my best to support Segwit2X. Even if I can’t make a profit.

MultiCoin Capital’s managing partner Samani evaluated the situation as follows:

“Many big investors who are supporters of Bitcoin Cash are looking forward to seeing what happens with Segwit2x. Bitcoin was waiting for. Now they’re making their move. I know many people who sold their $10 million worth of Bitcoin and bought Bitcoin Cash.”

BCH, which peaked at $2426, is at the time of writing $1465.

Bitcoin Cash emerged with a fork from Bitcoin.

Their goal was to reduce the lengthy bitcoin sending times and transaction fees, with the increasing demand for Bitcoin, but it has been recognized by the majority of the Bitcoin community. was not adopted. Segwit2x was also going to leave Bitcoin with a fork, and similarly, it aimed to “become real Bitcoin”.

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Bitcoin warning from the world’s largest asset management company

Isabelle Mateos Y Lago, one of the top strategists of BlackRock, the world’s largest asset management company with $5.7 trillion in assets managed, answered questions as a guest at Bloomberg.

Also on Bitcoin and cryptocurrencies. strategist making statements; He said that cryptocurrencies such as Bitcoin, Ethereum and Blockchain technology are not a recommendable area for investment at the moment, but it is worth watching, justifying it with the following words:

“There are big problems at this stage. There are security problems, there are liquidity problems… Besides, there are regulatory risks. This is very new and not an investment grade asset class at the moment.”

Mateos Y Lago also cautioned investors to be cautious when entering the Bitcoin market, noting that the volatility is very high.