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Ripple, Ethereum and Iota – Altcoins in bull mode

In the third week of January, the three Altcoins Ethereum (ETH), Ripple (XRP) and Iota (MIOTA) continue to impress. The aforementioned relief rally continues and could turn into an Altcoin rally in the coming weeks if prices continue to rise. Even in times of crisis, it is a good idea to invest in crypto as you can read here.

The price of Ethereum can increase further and managed to break out of the blue downward-trend-channel on January 14th. Currently, the price trades at $172.30, which is nearly 21 percent higher than a week ago. The exponential moving average (red) of the last 20 days (EMA20) at $138 gave support to the price and still acts as an important support. It is time to invest in altcoins, check out the best five altcoin trading sites.

Bullish version (Ethereum) (favored)

The dynamics with which the ether course was able to break out of the trend channel is truly remarkable. The price ran directly up to the 170 US dollar mark. Here, the 50 Fibonacci retracement of the downward movement takes place as well as just above, the decisive exponential moving average (blue) of the last 200 days (EMA200). Thus, the price has now corrected a good stretch of the downward movement to the upside. Currently, the price corrects slightly and tests the broken trend channel from above. Ideally, the bulls will take straight breath for the breakthrough of the EMA200 with a return to the $153, in order to rise towards the $183. This is where the 61 Fibonaccci retracement runs.

However, a breakthrough to the $192 level, where an important resistance zone is waiting, does not seem unlikely. In this area, it remains to be seen whether the bullish camp has enough strength to make a breakthrough in the direction of $210. At the 235 US-dollar mark at the latest, it will be decided whether Etherum can start a new bullish rally or whether it is just a retest of this relevant zone. In this zone at the latest, increased resistance from the bears should be expected.

Bearish variant (Ethereum)

For the time being, the breakthrough of the downtrend channel acts like a broken neck for the bears. However, the fact that the price bounced off the 50s retracement leaves a residual spark of hope. As long as the price is not trading above the EMA20 from the weekly chart at the end of the week, a false breakout on the upper side would be conceivable. A first sign of the bulls’ weakness would be the price falling back into the downward trend channel. The decisive mark for the bulls is now in the USD 153 range. If the price falls beneath it and the EMA20 from the daily chart at 144 US $ does not provide any support either, the green upward-trendline could come into focus. At least at $ 133, it will be decided if the bears will get a new chance to go lower at $ 117 or lower.

Indicators (Ethereum)

RSI as well as MACD continue to provide buy signals on the daily chart. Although the RSI is currently correcting somewhat, as long as it is trading above the 55 level, the bulls are still fully on the trigger. On a weekly basis, the RSI and MACD are also close to generating buy signals. At the latest when the EMA200 breaks on the daily chart, these bullish signals will continue to have a positive impact on the price of ether.

After a sentimental relief rally in Ripple last week, XRP also looks to be performing well. The share price can increase by almost 20 percent over the week. However, the bull camp has now been trying for three days to break through the resistance at USD 0.236 on a daily basis, but so far in vain.

Bullish variant (ripple)

  1. The price can still hold within the blue trend-channel, however failed so far at the lower edge of the green resistance-range at $0.245.
  2. If Ripple manages to break above this level via the daily closing price and breaches the 23 Fibonacci retracement at $0.254 as well, there is a chance to rise towards the EMA200 on the daily chart at $0.267 for the time being.
  3. This price level will determine whether the price of XRP can develop further upward momentum and rise to the upper edge of the trend channel at USD 0.299.
  4. As long as the price is also quoted above the EMA20, at USD 0.214, the bulls have a good chance of further price increases.

Bearish variant (ripple)

While Ethereum and Iota have already started the EMA200 on the daily chart, the price of Ripple is lagging somewhat behind and is currently trading just under 12 percent below this central resistance. As long as the price of XRP does not trade above the USD 0.267 at the daily closing price, there are still opportunities for the bear camp. A first sign of weakness would accordingly be a relapse below the EMA20, which is currently supporting the price. If the bears manage to push the price below the important support at USD 0.202, price targets at USD 0.185 and USD 0.175 are activated.

Indicators (ripple)

Ripple shows a buy-signal on the RSI as well as on the MACD on daily view. Both indicators point to the north and have enough room for further price increases. However, a glance at the weekly chart shows that neither the RSI nor the MACD-indicator generated a buy-signal. Only a sustained price strength should generate new buy signals in the coming week.

The price of iota also profits from the positive sentiment at the Altcoins and breaks through two important resistances within a week. The breakout from the trend channel formed since June 2019 brightens the chart picture at Iota noticeably. If the buyers manage to stabilize the price above the 0.210 US Dollar, a further 20 percent price potential should be possible in the short term.

Bullish variant (Iota) (favored)

  1. The bullish reversal at Iota continues to take shape. The fact that buyers were able to increase the price of iota by 25 percent with only 2 day candles has a strongly bullish character.
  2. With today’s day candle, the price has already tested the trend channel from above and bounced off textbook. This is also to be seen as bullish.
  3. Even a retest of the EMA20 in the daily chart in the USD 0.190 range would not be a problem for the bulls. Both bullish variants allow a price increase in the direction of the 0.241 US dollar. Ideally, the price will rise to the EMA200 in the daily chart at USD 0.252.
  4. If the bulls can also break through this resistance, the price target is activated at USD 0.291. The orange resistance zone at USD 0.31 is still the price target. The maximum target for Iota is initially the USD 0.382.

Bearish variant (Iota)

Should the price, contrary to the current bullish chart, fall back below the USD 0.210 level at the end of the day, it would be at least a partial success of the bear camp. However, the bears will only gain sustainable strength when the green resistance zone at $0.195 is broken. Only then, the false breakout from the trend-channel would be confirmed. This bearish counter-attack could lead the price of iota once again towards the grey support-zone.

Indicators (Iota)

The RSI on the daily chart shows a fresh buy-signal since breaking above the trend-channel. Again, resetting is completely normal and only healthy. As long as the RSI is above the 55, a buy-signal exists. In addition, the weekly chart’s RSI crossed the 45 upwards and is thus back in the neutral zone. The MACD is somewhat ahead of this and already provides a buy-signal on daily and weekly chart.

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VR – better than reality?

Imagine: You’re in a submarine. Through the glass pane in front of you you look into the blue depths of the ocean. Fish swim by, soothing music reaches your ears – while surgeons simultaneously cut open the skin on your knee with a scalpel, remove a socket or drive a steel pin into your shoulder joint.

Belgian orthopaedic surgeons from the Erasmus Hospital in Brussels have actually transferred their surgical patients to this ocean scene, using virtual reality glasses. The effect is remarkable: with this so-called Virtual Reality Hypnosis Distraction, the patients only needed half as much anaesthetic medication.

The experiment of the orthopaedic surgeons is an example of how much is happening in the virtual worlds. The more real they look, the better. That’s why the manufacturers are now making more of them. The monitors in the glasses have a higher resolution. And the images on the displays are changing at ever increasing speed. Above all, users can move around more freely with glasses on their heads. Until now, VR glasses and thus the users were usually tied to powerful computers or game consoles by cables. Although there were wireless models, it was not possible to move around in space with them. Real feels different. But that has changed.

Last year the company Oculus presented their VR glasses Oculus Quest

It works without cables and additional computers: put the glasses on your head, put the controllers in your hand and off you go. The user is completely mobile, the glasses “know” where he or she is at all times and follow the movements in space in the virtual scenery. The controllers are designed in such a way that they transmit the position of the hands, so that even individual fingers are recognized. The price for this freedom is the limited computing power that the wireless glasses offer. The displayed worlds are simpler.

In early December, Airbus announced a new home simulator for pilots. Worldwide, 550,000 pilots will be needed in the coming years. Training time in the hydraulic simulators is limited and expensive. So it would be useful if the pilots could continue their training at home. With the Airbus VR Flight Trainer, aeronautical trainees should be able to train in the virtual cockpit of an Airbus.

The virtual scenery should convince. One of the biggest competitor is HTC vive. That means a race for high-resolution displays in the glasses. The Pimax 8K offers the highest pixel number, namely 3840 by 2160 pixels (for comparison: the Oculus Quest has only 1600 by 1440 pixels per eye, for an Oculus Go review check out https://www.vrpornstream.com/oculus-go/). It produces images in which individual dots are hardly recognizable. The field of view is also widening. Sometimes it is the moving details in the periphery of the field of vision that make a scene appear particularly real. With the enormously wide Pimax glasses, the field of view is 200 degrees (with the Oculus Quest it is 100 degrees). This is only available with higher computing power, the glasses have to be wired.

Another adjustment screw for the highest possible degree of realism is the number of images that hit the retina. Since cinema days, it has been a rule that at least 25 frames per second must be projected onto the screen to create the impression of flowing moving images. The Oculus Quest already delivers 72 frames per second. The new Valve Index even manages twice as many. In test reports it is said that this has a subtle but noticeable effect: the user feels even more like part of the virtual scene. But this improvement also requires an external computer and cable.

The real challenge is still to find interesting content for VR glasses

As Facebook and Twitter have already shown, social interaction is one of the strongest buying incentives for technical equipment. Can this motif also be transferred to the VR world? Facebook has announced a social platform for virtual worlds: Facebook Horizon. Users enter into contact with other users via the Internet in virtual spaces – on a virtual marketplace. How one wants to look there can be determined in advance. Together you can chase dragons, watch movies or just chat.

But perhaps the most interesting application of VR is not playing. Virtual worlds are conquering a niche in the economy. The Walmart department store group is training one million employees with VR. In a virtual store, they can practice how to deal with the rush of customers. And the American telecom provider Verizon prepares employees in its stores virtually for threats. The scenario: A robber enters the store and threatens with a gun. The hope: Those who have already experienced this in VR will react more calmly in reality.

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Music, News and TV from Apple in 2020

The super subscription from music, news and TV service allegedly planned by Apple is apparently taking shape. Such a service could be launched as early as 2020, as posted at Bestsmartdns recently. Apple hopes for more customers.

A few weeks ago, the media had already reported on Apple’s alleged plans to bundle the services Apple TV Plus and Apple Music. According to new information, the Super Subscription, at least in the USA, will include Apple TV Plus and Apple Music as well as Apple News Plus. This subscription offer could be launched as early as 2020, as Bloomberg reports with reference to company insiders.

Super subscription: Apple is said to have negotiated with publishers

The new rumours about the allegedly planned super subscription are based on information about commission negotiations Apple allegedly conducted with publishers involved in the News-Plus service. According to the information, the iPhone group has secured the rights to bundle the subscription service with other fee-based services. The News Plus service, launched in the USA in March, offers users access to a number of magazines and newspapers and costs ten US dollars a month. Apple retains half of the revenue, while publishers receive the other half.

According to the insiders, if such a super subscription were to be made, the publishers would lose revenue because the costs for the individual News-Plus service would have to be reduced. However, publishers’ revenues appear to be well below their expectations anyway.

  • According to Bloomberg, a publisher can expect less than $20,000 a month on average.
  • With Texture, the service acquired from Apple that forms the basis for News Plus, revenues have been significantly higher.
  • The number of News Plus subscribers is not known. The service is available in the USA, Great Britain and Australia.

Apple wants to bundle paid services

Apple, on the other hand, wants to increase the number of customers by bundling its chargeable services into a super subscription. Apple is already experimenting with linking these services. Most recently, students with a music subscription got free access to the newly launched TV Plus. TV Plus is free for one year for those who buy Apple hardware after September 9. Apple apparently has a similar model in mind for the future as Amazon introduced with its Prime subscription. The group did not comment on the media report.

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Analyst: Bears can push Bitcoin to 6,000 dollars

Since its 52-week high, the largest crypto currency, Bitcoin, has lost almost a third of its value – even though recovery tendencies have recently begun again. Experts believe that the downward trend can continue significantly.

  • Losses in the billions on the crypto markets in recent weeks
  • Mark of 10,000 dollars falls temporarily – Analyst believes in Bitcoin case up to 6,000 dollars
  • Libra skepticism additionally increases the pressure
  • Currently very high trading volume in South America

The crypto markets have lost billions of dollars in market capitalization in recent days, in particular many traders who shorted bitcoins. What is shorting? Read more at Bitrebels.com. Especially the Bitcoin has been hit hard by the price slide. – Bitcoin trade with Plus 500 – that’s how it works. 80.6% of CFD retail investor accounts lose money.

After the cops drove the crypto market at the end of June and raised the world’s largest crypto currency to around 13,800 US dollars, the pessimists have now taken the helm again and temporarily pushed the cybercoin below 10,000 US dollars. While investors are feeling insecure, experts believe that the negative performance will continue – even if there have been signs of recovery recently.

Chart analyst sees Bitcoin at USD 6,000

Some experts are convinced that the Bitcoin will fall back towards 6,000 US dollars in the coming weeks and months. At the current price level, this would be a further price slide of almost 40 percent – most recently, the Bitcoin was traded at this level at the beginning of May.

Crypto and chart expert “Dave the wave” also believes that Bitcoin investors will soon see prices around 6,000 US dollars again. On Twitter he described the probability that the crypto currency will fall back to this price mark as “very likely”.

Other experts have recently confirmed that another correction is even appropriate. Tone Vays, a well-known Bitcoin expert who recently declared – in the midst of a crypto boom – that the crypto winter had not yet come to an end, considers a downturn in the entire crypto market to be necessary so that the Bitcoin can rise again in the long term.

Meanwhile, other experts are not quite as pessimistic as Timothy Peterson, US crypto fund manager, expects a decline to 8,000 US dollars.

Libra scepticism brings uncertainty to the market

The downward trends of the past few weeks have been linked by observers in particular to the announcement of Facebook’s own crypto currency Libra. While the news initially caused euphoria on the crypto market, skeptical voices increased in the following days. Most recently, US Treasury Secretary Steven Mnuchin, for example, spoke out and expressed “serious” concerns that Libra could be abused by money launderers and financial supporters of terrorists.

US President Trump had also declared publicly effective that he was not a fan of Libra and had taken a firm stand against digital currencies such as Facebook’s Libra and Bitcoin. After the Fed had also raised concerns and even the G7 finance ministers put the issue on their agenda, the pressure on the cryptographic market increased further.

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Dogecoin rises above 46% over Bitcoin and outperforms the market

Dogecoin price pumps to Binance Listing. Here are the backgrounds Today is another blood-red day at the crypto market. The Bitcoin price has lost 6.45% in the last 24 hours after its aggressive price increase of the day before. The Bitcoin course is pulling pretty much all Altcoin courses into the abyss in its usual outfit. Only less can escape this gravitational force. Dogecoin on the other hand does not seem to be interested.

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Binance Listing ensures price pump at Dogecoin

Dogecoin leads the top 100 today with over 36% price gain in USD and over 46% in BTC. The reason for this pump is a message from Binance. On other exchanges the price also pumped.

An hour ago, the Exchange announced that they would list Dogecoin (DOGE) and release it for trading. Five different trading pairs are planned directly with the Binance Coin (BNB), Bitcoin (BTC), Tether (USDT), Paros Standard Token (PAX) and the USD Coin (USDC).

Binance will list Dogecoin (DOGE) and open trading for DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX and DOGE/USDC trading pairs at 2019/07/05 12:00 PM (UTC). Users can now start depositing DOGE in preparation for trading.

No listing fee should have been charged by Binance

Dogecoin belongs to the long-established Bitcoin clones and enjoys a very loyal and well networked community. One of the most popular applications for Dogecoin is the “tip” for other Internet users who create or share great content.

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Are internet blocks threatening online casinos in Germany?

A large number of online casinos can be reached from Germany. According to some federal states, the access is supposed to fall victim to the red pencil. According to current information in the newspaper Bild, a working group consisting of the 16 state governments is to plan so-called Internet blocking for casino domains.

What would be the consequence? Virtual casinos could no longer be reached by conventional means. The valid gambling law would be enforced accordingly. However, it would be an enormous step backwards for the gambling industry with regard to the originally planned liberalization.

The picture on Sunday refers with its information to internal reports of the CdS AG. According to this, the providers should remove illegal gambling sites from their program for the German market. This would mean that these homepages could no longer be accessed from Germany. What the actual plan of the federal states is, is currently difficult to see through. What is certain, however, is that in the long term foreign operators will no longer be able to access business in Germany without paying for it.

Which reasons speak for a blockade of the Casino sides in Germany

Anyone who takes a look at the German State Treaty on Gaming will very quickly discover the passage that online games are generally forbidden. In 2012, an exception was made for lotteries and sports betting. However, this refers to facilities that have received a license. At the time, Schleswig-Holstein granted licenses to some providers of sports betting, but also to a few online casinos. In the meantime, the licences are gradually being phased out. An important reason for blocking the Internet would therefore be simply that the German laws would be implemented. In the recent past, online services from the gambling industry have been able to operate as they wished. Providers invoke the European freedom to provide services and show their licence from Malta or Gibraltar and thus feel safe. At times, even the EU has tried to bring proceedings against German gambling law because it does not comply with European directives.

However, with the revision of the State Treaty in mind, this procedure was discontinued. Reports of changes in gambling vary between liberalisation and tougher enforcement. The current picture report tends to suggest further restrictions. An Internet block would at least exclude inexperienced Internet users from the offer. Anyone who takes ten minutes learns how to bypass a network block. We can fool our browser into thinking that we are accessing it from somewhere else and thus accessing every homepage – even if it is blocked by providers in Germany. The working group of the federal states could implement the Internet block nevertheless, in order to do at least alibi-wise something good to the youth and player protection.

Blocking networks in Switzerland: The Swiss have now introduced a blocking system. In return, the domestic casinos were allowed to switch an Internet offer. This can be better monitored by the government.

With a VPN the network lock can be bypassed

Economically it is a nuisance that the foreign suppliers conquer the market in Germany, but do not contribute as much to the economy as they would have to. But by excluding the suppliers from the market, there is initially no more money for the state. At least, as in Switzerland, there would be a need for alternatives. Because the gambling instinct remains there. Probably the biggest counter-argument is that blocking networks is very easy to circumvent. There are tools that allow you to bypass an Internet block. We pretend to the browser that we come from abroad and already we can access the portal. The problem of the lack of monitoring in the casino sector would only be masked. Players could still access it. The economy would still not benefit. And neither the player, nor the youth protection would be enough done.

It is not the case that all online casinos act dubiously. On the contrary, the number of black sheep is low. Most providers are licensed in other countries and therefore adhere to various standards of protection. Customers can set their own limits. Self-exclusion is also an option. Payments are handled seriously. And not infrequently, partnerships with aid organisations are advertised on the homepage. Let’s keep in mind: Players want to continue to reach their offers. Companies want to stick to rules and still be active on the German market. The logical consequence would be to enact regulations, to use a tax and to introduce a decent supervision. At present however the simpler, therefore however not goal-prominent way seems to be considered.

Business worth billions: Casinos from abroad are currently filling their coffers in Germany. However, this is only possible because they meet a need. Will the government try to suppress gambling?

Online casinos, sports betting and a central gaming authority

The Berlin Senate Chancellery has announced that the states are concerned with “strengthening enforcement, in particular against illegal online offers”. This measure would make a lot of sense if licenses were granted in return. Furthermore, solutions for sports betting are needed at the next Minister President’s Conference. There is currently an exception here, but this will expire in mid-2019. A removal of the time limit from the valid experimentation clause would give sports betting protection until 2021. However, Schleswig-Holstein and Hesse are said to have spoken out against it. Furthermore the foundation of a gambling authority is planned. The items on the agenda for the upcoming conference are thus full to bursting.

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Is crypto mining still worth it?

In addition to buying crypto currencies, these can also be earned through mining. We have calculated once whether it is still worthwhile to mine yourself or to go to a cloud mining provider.

Crypto currencies based on the Proof-of-Work (PoW) algorithm (e.g. Bitcoin and Ethereum) still need so-called miners. Mining solves arithmetic operations, whereby new blocks are found that are attached to the block chain. In principle nothing else is done than trying to solve an arithmetic operation by using random values. How many calculations can be carried out is specified in the hash rate. The transactions that have taken place since the last block found are written to the newly found blocks. At Bitcoin, a new block is found every 10 minutes on average and at Ethereum it is currently found every 12-15 seconds.

In the following we calculate together with you whether it still makes sense to mine Ethereum or whether it is better to buy Ethereum. Instead of Ethereum we could have used Bitcoin, that result wouldn’t look much different.

Cloud Mining

The easiest way to mine yourself is to go to a cloud mining provider. There you basically do nothing else than transfer a fixed amount in advance and the cloud miner will start mining for you for a pre-determined period of time. You don’t have to worry about anything and get paid out either monthly or even daily. Sounds really tempting.

A normal offer for a cloud miner is currently 3,600 Euros for 120 MH/s. MH/s is the computing power that the miner makes available to you. So 120 MH/s are 120 million hashes (calculations) per second. For 3.600 Euro you get this performance fixed for 2 years. You have no additional costs for electricity or maintenance work. To make a profit with it, you have to earn more than 3.600 Euro (or ether in the amount of mines) with your rented miner in 2 years.

If we would switch on the Miner today, then we would earn about 225 Euro in the first month with the current difficulty in the Ethereum network. Actually not at all so badly that would mean, if it goes on like this and we make each month this yield, then we took 5,400 euro at the end. Thus clearly more than the paid 3,600 euro, that makes 1,800 euro profit and we did not even include the increase of the Ethereum course. Mining pools are getting hacked from time to time, as you can read here.

Unfortunately the calculation is not so simple, because the difficulty in the Ethereum network increases.

In the chart you can see how difficult it is to find a new block. On the other hand, there is all the computing power available to the Ethereum network. As the computing power (Hash Power) in the Ethereum network continues to increase, so does the difficulty. Because the time between 2 found blocks should always remain about the same. While the difficulty in January was still 2,000 TH/s, it was already 2,500 TH/s in February. In March it is already over 3,000 TH/s already. So it is getting more and more difficult to find a new block.

  • For the sake of simplicity, we assume that the difficulty in the Ethereum network continues to increase with 500 TH per month. However, this is already very conservatively calculated, because actually it is to be expected that the difficulty increases exponentially.
  • So we see that our revenue from cloud mining continues to decline within the 24 months.
  • Because our computing power remains the same (120 MH/s) but the difficulty to find a new block increases.

In total, we would only achieve a yield of 2,249 euros for cloud mining, even though we paid 3,600 euros for 2-year cloud mining. On the other hand, the Ethereum price will continue to rise in the 2 years. But then it would be better to take the 3.600 Euro and buy Ethereum immediately(!).

Result: Better not invest in cloud mining. It is always better to buy Ethereum directly and profit immediately from the price increases.

Mining by yourself

If we want to calculate whether it makes sense to mine ourselves, we first have to put together our own mining setup. Therefore we build a miner, which like the cloud miner has 120 MH/s performance.

For this we need 4 powerful graphics cards, a motherboard, CPU and a power supply. Everything together costs easily 2.500 Euro. Beyond that we have then only the electricity costs. In Germany these amount to 0.26 €/kWh without problems.

What you need is a good setup and therefore a very good virtual private server, here you can find vps usable for crypto mining.

Our hardware setup will consume at least 1,000 watts per hour. Thus one hour of mines will cost us 0.26 Euro, on the day it will be 6,24 Euro. Besides the electricity costs, we also have the costs of the mining pool, because if we would mine ourselves, then we would very rarely find a block. It is therefore better to join a mining pool, so that the income is more regular. The Mining Pool gets 1.5% of the proceeds.

In principle, we can use this to calculate what we will earn in the first month. With the current difficulty in the Ethereum network, we would earn 225 Euros in the first month. On the other hand there are 153 Euro electricity costs and 3.40 Mining Pool fees. Thus at the end 68.60 euro profit remain.

  • What we haven’t included yet are the hardware costs of 2.500 Euro.
  • With the same difficulty and the same Ethereum price, you need at least 36 months before the purchase pays off.
  • Here, too, there is the argument that the Ethereum price rises, but in return the difficulty in the Ethereum network increases.
  • You will get a better starting point if you can buy the electricity cheaper. In the USA, for example, the kWh is partly available for 0.10 Euro. In Germany, however, I have not yet found a way to achieve this.

If you want to learn about other ways to get BTC, then read this article at infobeat.com.

Result

Also the own Mining is worthwhile itself in no case. Also here it is better to invest the 2.500 Euro for the hardware directly in Ethereum. With that we won’t treat the topic Mining also on cryptoscene much further, because it is not really recommendable for the end user.

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Bitcoin Trading: Price Rally, New Regulations And Free Trade

For all those who started trading the Bitcoin before Christmas 2017, there were huge losses in April of this year: if the value at purchase was 17,000 euros, it lost around 60% in April 2018. But the signs were good that the Bitcoin in particular was recovering within a very short time. This was justified by a clear commitment by the EU to research and use blockchain technology. A partnership between 22 European states was decided on the occasion of Digital Day. Even the American stock exchange supervisory authority SEC declared at the end of March that in principle it would be prepared to allow and certify corresponding crypto currencies – however, some basic conditions would have to be fulfilled for this.

Trading in crypto currencies is becoming more and more popular

Bitcoin and CO. stand thus again and again in the spotlight of the public interest and also the trade with the crypto currencies becomes ever more popular. Ever more speculatively adjusted investors decide to enter into the trade with the crypto currencies. It is recommendable to carry out a crypto broker comparison in advance, because either a broker or a crypto exchange is needed to trade with the digital currency. Although this currency should be used for payment transactions, 95% of the currencies are currently used for speculation.

  • There are now dozens of different Exchanges and Crypto Brokers where trading in the crypto currency is possible.
  • Before the first trade is carried out, everyone should deal with the digital currency and above all with its future.
  • Because many are sure that the Bitcoin was only a bubble after the digital coin could not hold its profits after its record high of just under 20,000 US dollars at the end of 2017.
  • This weakened the crypto euphoria, but crypto expert Mike Novogratz believes that there will already be a Bitcoin rally next year.

The expert sees potential for strengthening the crypto reserve currency, especially among institutional investors. As soon as these would enter into the trade that would provide for a price rise with the Bitcoin. But also all other investors, who are at present still rather skeptically opposite the Bitcoin, could be attracted by the entrance of professional investors likewise. There are tons of exchanges, where you can buy BTC. To compare them visit Bestbitcoinexchange and find the best one for your needs.

The storage of the coins – a difficult point

Crypto expert Novogratz sees the biggest problem with all crypto currencies as being that they are “bare instruments”. He says, “If someone takes a Bitcoin from me, it’s gone. In his opinion, storage is still too insecure, especially for large investors. The owner receives a key – a key – to access his Bitcoins. This key is located in a “wallet”, a digital purse. However the investors are dependent in the case on a offerer, to whom they entrust their Bitcoins and thus their invested fortune.

Investors have a certain nervousness about how to store their keys, according to Novogratz. There are quite a few dubious providers where the general bad reputation of crypto currencies also resonates. The solution for this problem could be an established financial organization, which the investors trust.

Everyone may trade with crypto currencies

The Court of Appeal in Berlin recently ruled that Bitcoins are not financial instruments. Thus these do not fall under the regulations of the so-called Banking Act (KWG). Should this case law prevail, then the Federal Financial Supervisory Authority (BaFin) would be the big loser, because in this case it would no longer have to be asked for permission for business models with reference to Bitcoins.

How did the ruling come about? In the third instance, the Court of Appeal heard the case of an operator of a Bitcon trading platform. According to the German Banking Act (KWG) of the BaFin, the operator did not possess a permit and for this reason the court of first instance sentenced the operator to a fine pursuant to § 54 Para. 1 No. 2, Para. 2 KWG. The operator appealed to the Berlin Regional Court (2nd instance) and was acquitted. As the next higher instance, the Berlin Court of Appeal confirmed the acquittal with its ruling and explained in detail why the Bitcoin does not fall under the rules of the KWG: “The Bitcoin is simply not a financial instrument. However, many of the objects of the KWG’s permits are linked to this very term.

In particular, the decision contradicts the previous view of BaFin. In one of its bulletins, the authority has so far confirmed that Bitcoins are so-called units of account and thus financial instruments. What is striking about the court’s decision is the clear words with which the BaFin is standing in its way:

Quote: “As far as the BaFin is of the opinion that Bitcoins is a complementary currency, which is to be understood under the term unit of account, it fails to recognise that it is not the task of the federal authorities to intervene (in particular) in criminal law by shaping the law”.

In other words, in the opinion of the KG Berlin, this means that BaFin has clearly exceeded its competencies with its previous approach.

If you want to avoid mistakes as a beginner, read this article at thewowstyle.com first.

Global rules for Bitcoin & Co.

BTC is often refered to as the new currency of the internet, for example here. Therefore many authorities are looking into it. The supervisory authority for the worldwide fight against money laundering intends to create a set of rules for transactions with crypto currencies. The first guidelines are to be adopted in June 2019. According to the Financial Action Task Force (FATF), the states are to use these rules to organise the supervision of Bitcoin & Co.

On this still very young market, this would be the first international initiative. So far, control by states has been handled very differently. According to the FATF, the trading platforms for digital currencies and certain providers of crypto currency accounts (wallets) will in future require a state licence. Furthermore, these will be subject to legal regulation. The same rules also apply to service providers who support companies in issuing new digital currencies, the so-called Initial Coin Offering (ICO).

The new regulations are intended to curb the use of crypto currencies for money laundering, terrorist financing and other criminal offences. The FATF has announced that countries that do not comply with the new rules will be blacklisted. This will make it more difficult for countries to access international financial markets.

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Virtual Reality: Study Warns Of VR Pornography

The porn industry has always been a trailblazer for new technologies. A study by Newscastle University, however, sees VR as a great danger.

The VHS cassette and the DVD could celebrate their triumphal march at the respective time not least by the pornographic contents. Pornos have always been consumed frequently, in the age of the Internet and streaming, of course, much more. And pornography doesn’t stop at virtual reality either. What there is to know about VR porn, we have compiled in our ultimate VR Porn Guide for you.

More Reality Through VR

Newcastle University took VR as an opportunity to investigate the effect of VR pornography on humans. In an admittedly rather small study among 45 men and women, the effect of VR pornography was investigated. Such movies can be found on https://www.psvrporn.com/, for instance.

The team comes to the conclusion that the “extreme, degrading or even abusive images in pornography appear much more real”. Users are no longer just viewers, but now become participants through their virtual presence. According to the initiators of the study, the reputation of VR porn resembles much more real cheating due to the high degree of realism.

The Perfect Sex Experience

Furthermore, the authors of the study claim that VR pornography would offer most people the possibility of a seemingly perfect sexual experience. Many participants would have described the VR pornography they experienced “better than in reality”. VirtualRealPorn is one of the companies producing the most popular VR experiences on the market. Here is what they offer for the Samsung Gear VR Porn Headset.

Others would use it to cross borders, often associated with particularly explicit and violent images. Previous research has shown that people who expose themselves to such content may become addicted to it and desire ever more extreme experiences.

Is VR The Future Of Revenge Porn?

In addition, the Newcastle University team raises the question of what is triggered by the user’s mixing of fantasy and reality. What would happen, for example, if a VR user recreated his girlfriend as a 3D object and then did things with her in VR that she would reject in reality?

In addition, the researchers are spinning the bow to revenge porn on Instagram or Snapchat. Together with the possibility of developing realistic 3D models of other people and “using” them in VR, a new form of revenge porn could establish itself.

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BTC Casino Experience

The BTC Casino can be described as one of the most dazzling offerings in the Bitcoin casino industry. The company cooperates with various software providers to create a first-class gaming portfolio. With Novomatic, Endorphina or NetEnt, for example, three of the absolute top providers are on board and increase the quality of the portfolio. But what about the rest of the offering? This is exactly what our experience with the BTC Casino will show in the following.

At any rate, we can state at the beginning of our test report that this provider is not a dubious casino. Such companies can still be found on the market on a small scale, but the BTC casino is definitely not one of them. After all, all games in the portfolio are Provably Fair, so that a fraud or rip-off can be completely ruled out. There are tons of casino games as you can see at http://www.casinoBTC.org/all-games/.

Our experiences at a glance

The test report of the BTC casino immediately shows the various games of the provider to be positive. All games can be used without the additional download of any software and can be played directly in the browser. This is definitely a plus point, because you don’t have to pay attention to certain operating systems or free storage space on the computer in this case. In detail, the portfolio also makes a lot of difference. Top providers like Novomatic and Co. have integrated some first-class games with Book of Ra, Lucky Ladies Charm or Starburst. At the same time, there are also a few own developments to be found in the casino’s line-up. Even at first glance, it can be said that the quality of the games is enormously high. However, a live dealer area is not yet part of the equipment.

On the other hand, the casino can convince for example with a welcome bonus, which all new customers can secure for their registration and first deposit to the player account. We can also attest to our good performance in customer support, which is available around the clock in live chat and makes every effort to deal with players’ enquiries.

Only German players should be aware that the website is only available in English, Russian, Italian and Spanish after our experience with the BTC Casino.

BTC-Casino on Check: Fraud or Serious?

Whether a casino works seriously is in principle the most important question before registering a player account. After all, every player wants to be able to rely on the fact that possible winnings are actually paid out to him. Anyone registering in a normal online casino should therefore always check the existing licenses or regulations. With Bitcoin casinos, however, this is a little different. In the case of BTC casinos, for example, an official license is not required. The reason for this is the offer of Bitcoin Games, because they are fair and secure by nature. Provably Fair is the keyword in this context and enables every player to check the results of a game round afterwards. If a customer feels treated unfairly, he can immediately get to the bottom of the matter. A fraud or a rip-off on the part of the supplier can be excluded due to this security of course.

By the way, the provider creates further trust by the fact that in the portfolio the games of numerous top developers can be found. These would not cooperate naturally with a dubious offerer, but submit the Casinos in the apron usually different tests and controls. Insofar there is no reason at all to worry and every customer can place his bets in our experience with the BTC casino quite calmly – and hope for big winnings.

Overview of the offer

Exactly 208 games can be found in the portfolio of the casino, which makes the offer versatile and extremely interesting. Especially the fact that many prominent developers are used here increases the enthusiasm of the players. Therefore, the games are divided into different categories, each sorted by the developer.

  1. This makes it easy for fans of the providers to filter out the games of their favorite developer from the masses. In detail, the developer categories Endorphina, Novomatic, NetEnt and Igrosoft are available.
  2. In addition, table games, a dice game and numerous other games can also be found in the line-up. As already mentioned, a download is not required for any of the games.
  3. All information is loaded in the browser, where the respective game rounds are completed. In general, it can be said about the existing developers that the BTC Casino relies on the creme de la creme of the providers.