Category Archives: Cryptocurrency

BITCOIN JP MORGAN - BLYTHE MASTERS CRYPTOCURRENCY FUTURE
BITCOIN JP MORGAN - BLYTHE MASTERS CRYPTOCURRENCY FUTURE http://www.businessinsider.com/blythe-masters-bitcoin-startup-ceo-2015-3.

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#ViccSjc_The Bitcoin Success Story - OneCoinOneConcept - OneCoin - CryptoCurrency
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The Los Angeles-based IP specialists Gibson Dunn & Crutchers recent seminar on virtual currencies indicated the digital currency is here to stay, although bitcoins may not be the cryptocurrency de jour.

Gibson Dunn partner Judith Alison Lee, based in the firms DC office said digital currency would remain a recurring trend. Lee is also the co-chair of the International Trade Practice Group within the firm, also explained, We think this type of technology, this method of payment, has so many advantages over fiat currency. Its unlikely to completely go away.

According to Lee, the company holds interest in other applications of blockchain, bitcoins underlying technology. Lee believes blockchain has uses outside of cryptocurrency, and it may be applied to other scenarios as soon as by the end of this year.

We think that some of the most interesting applications, from a legal perspective, are the potential use of blockchain technology for smart contracts, securities, property registers, IP and the storage of other data, she stated following the webinar.

In regards to the future of virtual currencies, Lee confirmed with certainty that 2015 will be highlighted by continued growth and increasing popularity among large businesses.

With increasing popularity, however, Lee believes criticisms will also increase, as many opponents of bitcoin will continue to point to volatility, illegal usage, and security breaches to turn potential adopters away.

Furthermore, Lee feels that with more popularity will come increasing regulation in regards to the digital currency in the near future. We do think there is going to be increased regulation at both the federal and state level especially in New York, where you have a very active and aggressive regulator, she claimed.

Another participant of the webinar, Arthur Long, specifically mentioned regulation throughout New York State, as well as for the entire nation.

A partner of the New York office, Long touched base on the BitLicence proposed by the state. New York really wants to reach out and firmly establish control over virtual currencies. Long also mentioned that he has suspicion that other states will attempt to exert the same control through similar approaches.

Long stated: I expect, however, that the pace of state regulation will differ by jurisdiction, and we will not see rapid implementation of 50-state schemes like New Yorks. That said, New Yorks will be influential, and given the reach of the scheme, it will likely require many out-of-state companies to be licensed in New York.

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Cryptocurrency Here To Stay But Will Bitcoins Remain?

OneCoinOneConcept | OneCoin CryptoCurrency | The Best Home Business 2015
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E-Cig Cryptocurrency (QUIT Dough)
Quick overview of QUIT Dough a new cryptocurrency catering to buying Vape pens and accessories. QUITdough website: http://quitdough.com/ EcigArcade: https://...

By: doctorkayne

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E-Cig Cryptocurrency (QUIT Dough) - Video

The popular BitTorrent client uTorrent is facing a backlash after trying to turn a buck through cryptocurrency mining.

On Thursday, users started reporting that uTorrent had silently installed cryptocurrency software from Epic Scale as part of version 3.4.2 build 28913. Once installed, Epic Scale uses some of the computer's spare processing power to generate cryptocurrency (such as Bitcoin or Litecoin).

In response to user complaints, a uTorrent manager confirmed parent company BitTorrent's partnership with Epic Scale, saying the software generates revenue for uTorrent while also contributing some funds to charity. In the future, Epic Scale plans to contribute CPU cycles to other initiatives, such as Genome mapping and other academic studies that require a great deal of processing power.

However, the manager denied that EpicScale was installing without the user's permission, claiming that uTorrent could not reproduce the issue. That's despite complaints from five users on uTorrent's forums who say the software was installed automatically in the latest update.

Update:BitTorrent supplied PCWorld with this comment:

"We have reviewed the issue closely and can confirm there is no silent install happening. It is in fact impossible for partner software to be installed without user permission. We are continuing to look at the issue. But it is almost certain these users accepted the offer during install...

In terms of user complaints in our forums, we always take these claims seriously. We highly value our users, they are a passionate and tech savvy group. In the last 24 hours we have received less than a dozen inquiries out of several million offers. That should put things into perspective."

In any event, users can partially uninstall EpicScale through the Add/Remove Programs menu in Windows. A registry modification will remain in the ProgramData/Epicscale folder, though users can safely delete this folder once the uninstall is complete. That hasn't stopped dozens of outraged users from swearing off uTorrent in favor of alternatives such as qBittorrent, Deluge, and Transmission.

Why this matters: Cryptocurrency mining burns more than just spare system resources. By making the CPU work harder than it normally would, it also consumes more energy, potentially raising users' electricity bills. While it's ironic that users are aghast at an act of leeching from a program that facilitates media piracy, that doesn't let uTorrent off the hook for a lack of transparency. Some quick backtracking seems likely.

Jared writes for PCWorld and TechHive from his remote outpost in Cincinnati. More by Jared Newman

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uTorrent quietly installs a cryptocurrency miner on users ...

uTorrent 3.4.2 turns your PC into cryptocurrency miner...Bye Bye
uTorrent 3.4.2 build 38913 installs EpicScale software for some users, without consent. This turns your PC into a slave cryptocurrency miner while it idles. ...

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uTorrent 3.4.2 turns your PC into cryptocurrency miner...Bye Bye - Video

Bitcoin Cryptocurrency Automated Arbitrage
Bitcoin automated trader with arbitrage overseeing 3 markets out of 30 in scope. Output from the console.

By: codemasterPL

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Reggie Middleton on cryptocurrency and earnings season
Erin sits down with Reggie Middleton CEO of Veritaseum. Reggie tells us how the earnings season been for US banks and what it says about their longer term earnings. He believes earnings...

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Reggie Middleton on cryptocurrency and earnings season - Video