Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.028USD
STEEM
0.000STEEM
SBD
0.000SBD
Effective Power
5.007SP
├── Own SP
0.632SP
└── Incoming Deleg
+4.375SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.632SP
Delegated Out
0.000SP
Delegation In
4.375SP
Effective Power
5.007SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "1027.252295 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7116.407511 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

nameprashantjangde
id437169
rank1,455,716
reputation297008002
created2017-11-10T15:12:51
recovery_accountsteem
proxyNone
post_count6
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2017-11-24T03:14:45
last_root_post2017-11-24T03:14:45
last_vote_time2017-11-24T03:15:33
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares1027.252295 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7116.407511 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM6GdmRW3eyPXBekWn5Z5p4kQu8H6UgXKG8nnrQuCcDAUWnSGSNY",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "balance": "0.000 STEEM",
  "can_vote": true,
  "comment_count": 0,
  "created": "2017-11-10T15:12:51",
  "curation_rewards": 0,
  "delegated_vesting_shares": "0.000000 VESTS",
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779081222
  },
  "guest_bloggers": [],
  "id": 437169,
  "json_metadata": "",
  "last_account_recovery": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_post": "2017-11-24T03:14:45",
  "last_root_post": "2017-11-24T03:14:45",
  "last_vote_time": "2017-11-24T03:15:33",
  "lifetime_vote_count": 0,
  "market_history": [],
  "memo_key": "STM8N266dWjakymGsHX5x1GYTHKjHEdBAe6LUCvTJga4JwvqmMfWK",
  "mined": false,
  "name": "prashantjangde",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "other_history": [],
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5fkcJygi3NTXBAMp97uwYNvJRt1GkpKFkQ5xR9RdTRDPPuBJum",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "pending_claimed_accounts": 0,
  "post_bandwidth": 0,
  "post_count": 6,
  "post_history": [],
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM8PWz6FjejQhHyfbapshV1YAQmo3H8WUM2Tm8mF9Md3sHkjzSh9",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting_json_metadata": "",
  "posting_rewards": 0,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "proxy": "",
  "received_vesting_shares": "7116.407511 VESTS",
  "recovery_account": "steem",
  "reputation": 297008002,
  "reset_account": "null",
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "sbd_balance": "0.000 SBD",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "1970-01-01T00:00:00",
  "tags_usage": [],
  "to_withdraw": 0,
  "transfer_history": [],
  "vesting_balance": "0.000 STEEM",
  "vesting_shares": "1027.252295 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "vote_history": [],
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779081222
  },
  "voting_power": 0,
  "withdraw_routes": 0,
  "withdrawn": 0,
  "witness_votes": [],
  "witnesses_voted_for": 0,
  "rank": 1455716
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.375 SP to @prashantjangde
2026/05/18 05:13:42
delegateeprashantjangde
delegatorsteem
vesting shares7116.407511 VESTS
Transaction InfoBlock #106149391/Trx 0ed47449a734612a325c3892192390c2441ae183
View Raw JSON Data
{
  "block": 106149391,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "7116.407511 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-18T05:13:42",
  "trx_id": "0ed47449a734612a325c3892192390c2441ae183",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 2.708 SP to @prashantjangde
2026/05/13 00:01:09
delegateeprashantjangde
delegatorsteem
vesting shares4404.197106 VESTS
Transaction InfoBlock #105999871/Trx 3b064718ce804b015f5c16e3097a58556df9a269
View Raw JSON Data
{
  "block": 105999871,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "4404.197106 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-13T00:01:09",
  "trx_id": "3b064718ce804b015f5c16e3097a58556df9a269",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 4.383 SP to @prashantjangde
2026/04/26 04:27:03
delegateeprashantjangde
delegatorsteem
vesting shares7128.923267 VESTS
Transaction InfoBlock #105516906/Trx cdcbac94d26d2d6f85e98c6b5a847c2766553354
View Raw JSON Data
{
  "block": 105516906,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "7128.923267 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-04-26T04:27:03",
  "trx_id": "cdcbac94d26d2d6f85e98c6b5a847c2766553354",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 2.733 SP to @prashantjangde
2026/01/23 21:09:45
delegateeprashantjangde
delegatorsteem
vesting shares4445.743925 VESTS
Transaction InfoBlock #102867817/Trx 98fdec53f3d516bf106718fb55f57959762578e9
View Raw JSON Data
{
  "block": 102867817,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "4445.743925 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-01-23T21:09:45",
  "trx_id": "98fdec53f3d516bf106718fb55f57959762578e9",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 2.834 SP to @prashantjangde
2024/12/17 16:20:42
delegateeprashantjangde
delegatorsteem
vesting shares4609.963122 VESTS
Transaction InfoBlock #91314049/Trx 9b4bce228461e8e4e868c54f2f778fe6c1b2bb63
View Raw JSON Data
{
  "block": 91314049,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "4609.963122 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2024-12-17T16:20:42",
  "trx_id": "9b4bce228461e8e4e868c54f2f778fe6c1b2bb63",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 2.938 SP to @prashantjangde
2023/11/14 08:02:12
delegateeprashantjangde
delegatorsteem
vesting shares4779.096654 VESTS
Transaction InfoBlock #79868211/Trx 3713fb7216565e9fc9d4a9146666dd315a67d5b2
View Raw JSON Data
{
  "block": 79868211,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "4779.096654 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-11-14T08:02:12",
  "trx_id": "3713fb7216565e9fc9d4a9146666dd315a67d5b2",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 4.744 SP to @prashantjangde
2023/09/22 09:07:36
delegateeprashantjangde
delegatorsteem
vesting shares7716.005440 VESTS
Transaction InfoBlock #78361353/Trx 4ce4a123abe3c691cfb2b8fa4caf99d4bd042f6c
View Raw JSON Data
{
  "block": 78361353,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "7716.005440 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-09-22T09:07:36",
  "trx_id": "4ce4a123abe3c691cfb2b8fa4caf99d4bd042f6c",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 4.880 SP to @prashantjangde
2022/11/03 16:45:24
delegateeprashantjangde
delegatorsteem
vesting shares7938.056878 VESTS
Transaction InfoBlock #69119298/Trx 8ef61f850628fa88e502f41382aa16aa363994f9
View Raw JSON Data
{
  "block": 69119298,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "7938.056878 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-11-03T16:45:24",
  "trx_id": "8ef61f850628fa88e502f41382aa16aa363994f9",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 5.016 SP to @prashantjangde
2022/01/17 22:04:06
delegateeprashantjangde
delegatorsteem
vesting shares8158.164479 VESTS
Transaction InfoBlock #60822677/Trx 43a0051320a5e2c28632f6885d3b559c2280c9f9
View Raw JSON Data
{
  "block": 60822677,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "8158.164479 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-17T22:04:06",
  "trx_id": "43a0051320a5e2c28632f6885d3b559c2280c9f9",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 5.129 SP to @prashantjangde
2021/06/14 05:17:36
delegateeprashantjangde
delegatorsteem
vesting shares8342.358767 VESTS
Transaction InfoBlock #54613060/Trx 2aa4d9e915be2d41fa5d8361a92115136753ed7e
View Raw JSON Data
{
  "block": 54613060,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "8342.358767 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-06-14T05:17:36",
  "trx_id": "2aa4d9e915be2d41fa5d8361a92115136753ed7e",
  "trx_in_block": 9,
  "virtual_op": 0
}
steemdelegated 5.244 SP to @prashantjangde
2020/12/11 15:30:45
delegateeprashantjangde
delegatorsteem
vesting shares8529.780741 VESTS
Transaction InfoBlock #49360354/Trx c48490804b2db12f1dad0c33f665f52f41dac469
View Raw JSON Data
{
  "block": 49360354,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "8529.780741 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-11T15:30:45",
  "trx_id": "c48490804b2db12f1dad0c33f665f52f41dac469",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 1.176 SP to @prashantjangde
2020/12/06 09:06:57
delegateeprashantjangde
delegatorsteem
vesting shares1912.543513 VESTS
Transaction InfoBlock #49211885/Trx 084d7fd86fda4de21ceb609d7e9414673c4610e4
View Raw JSON Data
{
  "block": 49211885,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "1912.543513 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-06T09:06:57",
  "trx_id": "084d7fd86fda4de21ceb609d7e9414673c4610e4",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 5.248 SP to @prashantjangde
2020/12/05 19:08:39
delegateeprashantjangde
delegatorsteem
vesting shares8535.988595 VESTS
Transaction InfoBlock #49195436/Trx 46392ad4eb431dccd20c9dd35f3517a9fd1fbd42
View Raw JSON Data
{
  "block": 49195436,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "8535.988595 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-05T19:08:39",
  "trx_id": "46392ad4eb431dccd20c9dd35f3517a9fd1fbd42",
  "trx_in_block": 8,
  "virtual_op": 0
}
steemdelegated 1.180 SP to @prashantjangde
2020/11/03 00:43:39
delegateeprashantjangde
delegatorsteem
vesting shares1920.017158 VESTS
Transaction InfoBlock #48268503/Trx 063f42436ad6f89f5700328d164deb1875d67878
View Raw JSON Data
{
  "block": 48268503,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "1920.017158 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-11-03T00:43:39",
  "trx_id": "063f42436ad6f89f5700328d164deb1875d67878",
  "trx_in_block": 7,
  "virtual_op": 0
}
steemdelegated 5.373 SP to @prashantjangde
2020/05/09 10:08:54
delegateeprashantjangde
delegatorsteem
vesting shares8738.793954 VESTS
Transaction InfoBlock #43222200/Trx b7097a8c4aff481ed791b320ee317a35cd93e7e3
View Raw JSON Data
{
  "block": 43222200,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "8738.793954 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-09T10:08:54",
  "trx_id": "b7097a8c4aff481ed791b320ee317a35cd93e7e3",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 1.201 SP to @prashantjangde
2020/05/08 14:24:48
delegateeprashantjangde
delegatorsteem
vesting shares1953.311140 VESTS
Transaction InfoBlock #43199077/Trx b2e3e7af64ccef37cdce18c086626fb5ca980c51
View Raw JSON Data
{
  "block": 43199077,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "1953.311140 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-08T14:24:48",
  "trx_id": "b2e3e7af64ccef37cdce18c086626fb5ca980c51",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 5.380 SP to @prashantjangde
2020/04/16 02:41:18
delegateeprashantjangde
delegatorsteem
vesting shares8751.681402 VESTS
Transaction InfoBlock #42568447/Trx 2a45cecae6c70fc3744db0e3d12ff9e8468a24a1
View Raw JSON Data
{
  "block": 42568447,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "prashantjangde",
      "delegator": "steem",
      "vesting_shares": "8751.681402 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-04-16T02:41:18",
  "trx_id": "2a45cecae6c70fc3744db0e3d12ff9e8468a24a1",
  "trx_in_block": 25,
  "virtual_op": 0
}
2019/11/10 15:41:39
authorsteemitboard
bodyCongratulations @prashantjangde! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@prashantjangde/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@prashantjangde) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=prashantjangde)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemfest/@steemitboard/steemfest-meet-the-stemians-contest-the-mysterious-rule-revealed"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmasWw4jQHwxng82DKxY6Q6tVg9mWcto4xcDURs8knFgCa/image.png"></a></td><td><a href="https://steemit.com/steemfest/@steemitboard/steemfest-meet-the-stemians-contest-the-mysterious-rule-revealed">SteemFest Meet The Stemians Contest - The mysterious rule revealed</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
parent authorprashantjangde
parent permlinkmarkets-update-bitcoin-bull-run-primes-altcoin-markets-for-new-usd-highs
permlinksteemitboard-notify-prashantjangde-20191110t154138000z
title
Transaction InfoBlock #38056309/Trx 1e2e112176347982277fb445fa2981d8114be243
View Raw JSON Data
{
  "block": 38056309,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @prashantjangde! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@prashantjangde/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@prashantjangde) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=prashantjangde)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-meet-the-stemians-contest-the-mysterious-rule-revealed\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmasWw4jQHwxng82DKxY6Q6tVg9mWcto4xcDURs8knFgCa/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-meet-the-stemians-contest-the-mysterious-rule-revealed\">SteemFest Meet The Stemians Contest - The mysterious rule revealed</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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steemdelegated 5.501 SP to @prashantjangde
2019/05/12 19:48:21
delegateeprashantjangde
delegatorsteem
vesting shares8947.298215 VESTS
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2018/11/10 16:50:09
authorsteemitboard
bodyCongratulations @prashantjangde! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@prashantjangde/birthday1.png)](http://steemitboard.com/@prashantjangde) 1 Year on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemfest/@steemitboard/steemfest3-and-steemitboard-meet-the-steemians-contest"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png"></a></td><td><a href="https://steemit.com/steemfest/@steemitboard/steemfest3-and-steemitboard-meet-the-steemians-contest">SteemFest3 and SteemitBoard - Meet the Steemians Contest</a></td></tr></table> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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steemdelegated 5.623 SP to @prashantjangde
2018/05/16 23:44:51
delegateeprashantjangde
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steemdelegated 18.158 SP to @prashantjangde
2018/04/21 20:50:39
delegateeprashantjangde
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steemdelegated 18.283 SP to @prashantjangde
2017/12/12 22:22:12
delegateeprashantjangde
delegatorsteem
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2017/11/25 01:28:57
authorsteemitboard
bodyCongratulations @prashantjangde! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@prashantjangde) Award for the number of upvotes [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@prashantjangde) Award for the number of upvotes received [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/post4day.png)](http://steemitboard.com/@prashantjangde) You published 4 posts in one day Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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parent permlinkmarkets-update-bitcoin-bull-run-primes-altcoin-markets-for-new-usd-highs
permlinksteemitboard-notify-prashantjangde-20171125t012859000z
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2017/11/24 03:16:03
authorprashantjangde
permlinkmarkets-update-bitcoin-bull-run-primes-altcoin-markets-for-new-usd-highs
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2017/11/24 03:15:33
authorprashantjangde
permlinkmarkets-update-bitcoin-bull-run-primes-altcoin-markets-for-new-usd-highs
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2017/11/24 03:14:45
authorprashantjangde
bodyWith bitcoin currently consolidating above $8000 USD after establishing an all-time high of nearly $8400 USD, some liquidity has shifted towards the altcoin markets. This has resulted in several major altcoins setting record dollar-value highs despite holding relatively modest prices when paired with bitcoin. Today, Ethereum set a new all-time high of approximately $420 USD, with prices surpassing $400 USD. Dash and Monero also set a new all-time high today, with Dash testing $600 USD for the first time before retracing to approximately $570 USD, and XMR currently trading for approximately $170 USD. Also Read: Bitcoin Skeptics Just Too Old to Get Digital World, Says Hedge Fund Mogul Novogratz Bitcoin Steadies After Dramatic Month Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD HighsAs of this writing, the price of a single bitcoin is approximately $8130 USD, following the establishment of a new all-time high of roughly $8380 USD earlier this week. The total market capitalization of bitcoin is over $136 billion USD, with 24-hour trading volume exceeding $4 billion USD. Bitcoin experienced a dramatic November, with the markets falling by roughly 28% after setting the preceding high of $7890 USD at the beginning of the month. The dip comprised the largest red weekly candle in bitcoin’s history. However, after making a low of approximately $5450 USD, bitcoin quickly recovered to break above $8000 USD and produce its largest ever green weekly candle. Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs With Bitcoin’s price movements calming in recent days, some liquidity has shifted into the altcoin markets – triggering the establishment of new all-time dollar highs in several major markets. Bitcoin’s market dominance is currently 53.1% – down approximately 5% from one week ago. Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs Ethereum, Dash, and XMR Set New All-Time Highs Ethereum gained approximately 13% to establish a new record dollar high today. The total market cap of Ethereum now exceeds $40 billion USD, with ETH currently trading at approximately $420 USD – up more than 30% since the start of the month. Earlier this week, Ethereum published the initial version of its Casper protocol update, which was first presented at Devcon3 earlier this month. Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs Dash set a new record high today, currently trading at roughly $570 USD after testing $600 for the first time. Dash has rallied since breaking its preceding all-time high of approximately $400 USD on the 12th of November, after the release of Dash Core version 12.2 four days prior. Dash now has the fifth largest market capitalization with nearly $4.4 billion USD. Monero also established a new all-time high today, with XMR currently trading at nearly $170. Monero is currently the 7th largest crypto market with a total capitalization of over $2.5 billion. Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs Many Altcoin Markets Have Produced Significant Gains Bitcoin Cash made gains of over 20% today, with BCH currently trading for $1550. The move comes after several days of consolidation between approximately $900 – $1300, which followed a more than 60% retrace from BCH’s all-time high of nearly $3000 USD earlier this month. Bitcoin Cash currently boasts the third largest cryptocurrency total capitalization with $26.5 billion USD. Dogecoin was among the top performing markets today, gaining approximately 40% to trade at over $0.0021 USD. As of this writing, Dogecoin’s total market capitalization is $235 million USD. Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs Zcash performed well during November and is currently trading at approximately $320 after increasing by over 50% this month. Grayscale Investments announced the launch of its Zcash Investment Trust towards the start of November which, following Edward Snowden’s recent praise of Zcash, has likely contributed to the bullish sentiment. Zcash is 15th largest cryptocurrency market with a total capitalization of almost $880,000. Litecoin also performed well this month, gaining by approximately 25% to trade at around $75 USD. Litecoin’s $4.1 billion USD market cap makes it the 6th largest cryptocurrency by total capitalization. The High Dollar Value of Altcoins Can Be Attributed to Bitcoin’s Recent Bull-Trend Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD HighsDespite several major cryptocurrencies establishing new record highs against the dollar, the majority of altcoins have experienced sustained downtrends since midway through 2017 when paired against bitcoin. Although many altcoin/bitcoin markets have seen significant price increases in recent days, whether or not the altcoin markets can sustain dollar gains independent of a rising bitcoin remains to be seen, with some analysts speculating that the recent Tether hack may have contributed to the recent rise in altcoin prices, arguing that traders may have been purchasing cryptocurrencies to reduce USDT exposure.![Untitled-design-50.jpg](https://steemitimages.com/DQmX6RZZ331KoxRsK5Lnp4snvg6Vt7qMb9az1QC3qSkgzQk/Untitled-design-50.jpg)
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parent permlinkaltcoin
permlinkmarkets-update-bitcoin-bull-run-primes-altcoin-markets-for-new-usd-highs
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      "body": "With bitcoin currently consolidating above $8000 USD after establishing an all-time high of nearly $8400 USD, some liquidity has shifted towards the altcoin markets. This has resulted in several major altcoins setting record dollar-value highs despite holding relatively modest prices when paired with bitcoin. Today, Ethereum set a new all-time high of approximately $420 USD, with prices surpassing $400 USD. 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However, after making a low of approximately $5450 USD, bitcoin quickly recovered to break above $8000 USD and produce its largest ever green weekly candle.\n\nMarkets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs\n\nWith Bitcoin’s price movements calming in recent days, some liquidity has shifted into the altcoin markets – triggering the establishment of new all-time dollar highs in several major markets. Bitcoin’s market dominance is currently 53.1% – down approximately 5% from one week ago.\n\nMarkets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs\n\nEthereum, Dash, and XMR Set New All-Time Highs\nEthereum gained approximately 13% to establish a new record dollar high today. The total market cap of Ethereum now exceeds $40 billion USD, with ETH currently trading at approximately $420 USD – up more than 30% since the start of the month. Earlier this week, Ethereum published the initial version of its Casper protocol update, which was first presented at Devcon3 earlier this month.\n\nMarkets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs\n\nDash set a new record high today, currently trading at roughly $570 USD after testing $600 for the first time. Dash has rallied since breaking its preceding all-time high of approximately $400 USD on the 12th of November, after the release of Dash Core version 12.2 four days prior. Dash now has the fifth largest market capitalization with nearly $4.4 billion USD.\n\nMonero also established a new all-time high today, with XMR currently trading at nearly $170. Monero is currently the 7th largest crypto market with a total capitalization of over $2.5 billion.\n\nMarkets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs\n\n \n\nMany Altcoin Markets Have Produced Significant Gains\nBitcoin Cash made gains of over 20% today, with BCH currently trading for $1550. The move comes after several days of consolidation between approximately $900 – $1300, which followed a more than 60% retrace from BCH’s all-time high of nearly $3000 USD earlier this month. Bitcoin Cash currently boasts the third largest cryptocurrency total capitalization with $26.5 billion USD.\n\nDogecoin was among the top performing markets today, gaining approximately 40% to trade at over $0.0021 USD. 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2017/11/23 21:25:30
authorprashantjangde
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2017/11/23 21:25:30
authorprashantjangde
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2017/11/23 21:25:30
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2017/11/23 21:25:27
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2017/11/23 21:25:27
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2017/11/23 21:25:27
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2017/11/23 21:25:06
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2017/11/23 21:25:06
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2017/11/23 19:03:21
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2017/11/23 19:02:36
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2017/11/23 19:01:21
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2017/11/23 19:01:15
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2017/11/23 19:00:54
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2017/11/23 19:00:42
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2017/11/23 18:55:27
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2017/11/23 18:55:27
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2017/11/23 18:39:54
authorprashantjangde
permlinkpr-alphaex-net-partners-with-xinfin-org-to-provide-digital-exchange-backbone-for-it-s-pilot-projects
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2017/11/23 18:39:21
authorprashantjangde
bodyAlphaEx.net will maintain XinFin’s XDC trading pair against ETH, BTC and XRP to provide liquidity for it’s tradefinex, remittance and IoT Pilot projects with global institutions. AlphaEx.net today announced that it will start XDC/ETH, XDC/BTC and XDC/XRP trading pairs to assist XinFin.org on it’s various pilots for remittances, tradefinex and IoT pilot projects that various regulated global institutions are currently undertaking on XDC01 protocol. XDCs or XinFin Digital Contracts are native fuel that power the XinFins Hybrid Blockchain network. Alphaex.net is an emerging digital asset exchange that aims to follow regulatory standards and compliances for dealing with real world enterprises. URL: https://alphaex.net “With the recent regulatory announcements around compliance standards and licenses for digital asset exchanges, alphaex.net will be following Industry’s best AML/KYC standards and will work on protection of trade for it’s customers. At Alphaex.net, we aim to assist the various global institutions that are working on XinFin’s XDC protocol. The ongoing pilots include real time monitoring of infrastructure projects using IoT. Pilot projects also include the emerging tradefinex.org platform for various trade associations and regulated banking, fintech partners. Digital asset exchanges today face various challenges that include gaining regulatory clearances and an ability to work with banks and real-world enterprises. We at AlphaEx.net aim to be one of the best digital asset exchanges platform that will be fully compliant with the existing laws and framework” said Peter Yeo, Co-founder at AlphaEx.net “Among various pilots that will be conducted on AlphaEx.net will be fixed rate remittances, Token of Trust for Global Trade, digitization of real world assets and Finance and providing settlement layer for the IoT enabled projects.” “Alphaex.net has extended invitations to regulated enterprises and financial institutions around the globe who can make use of the alphaex.net platform to offer fiat currency pairs against XinFin XDCs where participating institutions are authorised to operate.” “XinFin or eXchange InFinite is currently evolving its hybrid XDC01 protocol that lets enterprises maintain a private state and a public state on the same Blockchain that provides secure, scalable, higher through-put network platform for global FinTech institutions. XinFin has signed agreements with over 10 global institutions that aim to make use of XinFin’s Hybrid Blockchain model to disrupt various industry verticals such as remittances, travel, supply chain, assets and Projects financing.” Contact : Alpha Exchange http://www.alphaex.net Email : [email protected] This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. ![alphaex_image1.jpg](https://steemitimages.com/DQmTacoM2DTzkrQWeZt9eaHgr8K665gqbAFZRFBJFRMRBmn/alphaex_image1.jpg)
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permlinkpr-alphaex-net-partners-with-xinfin-org-to-provide-digital-exchange-backbone-for-it-s-pilot-projects
titlePR: Alphaex.net Partners with Xinfin.Org to Provide Digital Exchange Backbone for It’s Pilot Projects
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      "body": "AlphaEx.net will maintain XinFin’s XDC trading pair against ETH, BTC and XRP to provide liquidity for it’s tradefinex, remittance and IoT Pilot projects with global institutions.\n\nAlphaEx.net today announced that it will start XDC/ETH, XDC/BTC and XDC/XRP trading pairs to assist XinFin.org on it’s various pilots for remittances, tradefinex and IoT pilot projects that various regulated global institutions are currently undertaking on XDC01 protocol. XDCs or XinFin Digital Contracts are native fuel that power the XinFins Hybrid Blockchain network. Alphaex.net is an emerging digital asset exchange that aims to follow regulatory standards and compliances for dealing with real world enterprises.\n\nURL: https://alphaex.net\n\n“With the recent regulatory announcements around compliance standards and licenses for digital asset exchanges, alphaex.net will be following Industry’s best AML/KYC standards and will work on protection of trade for it’s customers. At Alphaex.net, we aim to assist the various global institutions that are working on XinFin’s XDC protocol. The ongoing pilots include real time monitoring of infrastructure projects using IoT. Pilot projects also include the emerging tradefinex.org platform for various trade associations and regulated banking, fintech partners. Digital asset exchanges today face various challenges that include gaining regulatory clearances and an ability to work with banks and real-world enterprises. We at AlphaEx.net aim to be one of the best digital asset exchanges platform that will be fully compliant with the existing laws and framework” said Peter Yeo, Co-founder at AlphaEx.net\n\n“Among various pilots that will be conducted on AlphaEx.net will be fixed rate remittances, Token of Trust for Global Trade, digitization of real world assets and Finance and providing settlement layer for the IoT enabled projects.”\n\n“Alphaex.net has extended invitations to regulated enterprises and financial institutions around the globe who can make use of the alphaex.net platform to offer fiat currency pairs against XinFin XDCs where participating institutions are authorised to operate.”\n\n“XinFin or eXchange InFinite is currently evolving its hybrid XDC01 protocol that lets enterprises maintain a private state and a public state on the same Blockchain that provides secure, scalable, higher through-put network platform for global FinTech institutions. XinFin has signed agreements with over 10 global institutions that aim to make use of XinFin’s Hybrid Blockchain model to disrupt various industry verticals such as remittances, travel, supply chain, assets and Projects financing.”\n\nContact :\nAlpha Exchange\nhttp://www.alphaex.net\nEmail : [email protected]\n\nThis is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.\n\n![alphaex_image1.jpg](https://steemitimages.com/DQmTacoM2DTzkrQWeZt9eaHgr8K665gqbAFZRFBJFRMRBmn/alphaex_image1.jpg)",
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2017/11/23 18:39:03
authorcheetah
permlinkcheetah-re-prashantjangdeaussies-are-paying-usd1-million-worth-of-bills-using-bitcoin-every-week-just-to-prove-a-point
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2017/11/23 18:34:36
authorprashantjangde
permlinkaussies-are-paying-usd1-million-worth-of-bills-using-bitcoin-every-week-just-to-prove-a-point
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2017/11/23 18:33:45
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://ozynews.com/2017/11/22/the-reality-behind-the-bitcoin-bubble/
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://ozynews.com/2017/11/22/the-reality-behind-the-bitcoin-bubble/",
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2017/11/23 18:33:39
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2017/11/23 18:33:27
authorprashantjangde
bodyDAVID Larkin pays all of his bills in bitcoin. The 32-year-old Melbourne IT worker is a true believer in the cryptocurrency and its potential to revolutionise the world of banking and finance. But unlike buy-and-hold speculators and early adopters, many of whom have become astronomically wealthy holding onto their stash as the price skyrockets, Mr Larkin prefers to use bitcoin for its intended purpose. “I don’t have to,” he said. “I choose to make a point that bitcoin has real-world application — you can do things with it.” According to Mr Larkin, who also used bitcoin to purchase a computer which he now uses to “mine” cryptocurrency Ethereum, there are two types of bitcoin enthusiasts: the “get-rich-quick” crowd who “hold on for dear life” and just want to make a profit, and the “true bitcoiners” who see its future value. “I’m more into the technology behind it and the way it works,” he said. “People like us believe in the technology going forward. If people want to get rich off bitcoin they can, that’s their choice. [But] it’s not intended for that. That’s why the creator [Satoshi Nakamoto] is still a mystery.” The price of bitcoin has increased by more than 700 per cent since the start of the year, hitting a fresh record high of $US8200 on Monday. Bitcoin’s market capitalisation — the price multiplied by the number of bitcoins in circulation — now sits at more than $US135 billion, according to Coinmarketcap. That has led to increasing warnings of a bitcoin “bubble”, with many commentators likening the craze to the dotcom boom of the late ‘90s. AMP Capital chief economist Dr Shane Oliver this week warned that “every generation gets sucked in” to an investing craze like bitcoin, which Japan Post Bank chief investment officer Katsunori Sago has described as “worse than the IT bubble”. Mr Sago based that assessment on the fact that he “hardly [knows] anyone in person who is trading crypto-currencies” and he hasn’t “seen anyone using them in real life”. Mr Larkin said he found that reasoning “offensive”. “The problem bitcoin users have with the stuff coming out is that all the people that doubt it — people who are saying that this growth isn’t sustainable, it’s a Ponzi scheme — are bankers, financiers, traders,” he said. “I’ve witnessed over the last couple of months houses being sold for bitcoin, cars being sold, Microsoft is accepting bitcoin as payment for its products. These things are becoming real-world applications very, very fast.” Melbourne IT worker David Larkin is a bitcoin believer. Melbourne IT worker David Larkin is a bitcoin believer.Source:Supplied Ads by Kiosked Mr Larkin pays his bills in bitcoin through a website called Living Room of Satoshi, a Brisbane-based start-up founded in 2014 which allows people to easily make BPAY, credit card or direct bank account payments using 11 different cryptocurrencies. Its chief executive, Daniel Alexiuc, said the site was now processing about $1 million a week in small bills for things like rent payments and electricity. “A lot of the media attention has focused on bitcoin’s increasing value because it just had to happen,” he said. “It’s different to other currencies in that there’s a fixed amount of it, not like gold or fiat currency ... so it’s always going to have that inflationary aspect, rather than the deflationary aspect.” So is bitcoin a currency for buying your coffee, a payment system to beat the banks, or something to hoard in the hope of a massive payout? As Jeffrey Tucker from the Foundation for Economic Education explains, “bitcoin is both a payment system and a money”. “The payment system is the source of value, while the accounting unit merely expresses that value in terms of price,” he writes. “The unity of money and payment is its most unusual feature, and the one that most commentators have had trouble wrapping their heads around. “[The] value proposition of bitcoin is bound up with its attached payment network ... It is not embedded in the currency unit but rather in the brilliant and innovative payment system on which bitcoin lives. “If it were possible for the blockchain to be somehow separated from bitcoin (and, really, this is not possible), the value of the currency would instantly fall to zero.” Mr Alexiuc said it was “impossible to tell” where it would end up. “It is useful as a payment system, also as a currency, and also as a store of value,” he said. “It’s a better form of currency, in my opinion, because it’s not issued or controlled by the government. It can’t be shut down, it can be sent cross-border without anyone’s permission. A lot of people are attracted to that.” But he admitted that “when it comes to day-to-day usage, it’s still very early”. “I pay my employees in it,” he said. “We’re still trying to demonstrate its usefulness. $1 million sounds like a lot but compared to how many bills get paid in Australia every day it’s a drop in the bucket.” According to Jordan Eliseo, chief economist with precious metals investment firm ABC Bullion, many bitcoin enthusiasts were “mistaking the pipeline for the oil”. “Yes, you can use bitcoin to pay for things in a small and limited set of circumstances, but there are a couple of points to make,” he said. “The first is that unquestionably the vast majority of users of bitcoin today are not really purchasing it in the hope of using it in day-to-day commerce — they’re purchasing it in the hope of making a profit in denominated fiat currency. “There’s nothing wrong with that. People who buy shares or gold are looking to make a profit as well, but we should be very clear that the vast majority of use of bitcoin today is speculation on rising prices.” Mr Eliseo said he had “some sympathy” with bitcoin’s supporters. “They are right to say there are some flaws in the monetary and banking system, people are right to be concerned,” he said. “I see bitcoin as the wrong answer to the right question.” He added that “just because more and more merchants are using bitcoin as a means of payment, it doesn’t mean it’s becoming money in itself”. “The vast majority of those merchants are not taking payment in bitcoin,” he said. “They are using a payment facilitator to convert bitcoin to the currency the merchant wants. It’s not any more exciting than being able to use a credit card or Apple Pay.” Mr Eliseo said while bitcoin was an exciting technology, it “falls very short” of the characteristics of what is required for money to work. “First and foremost is the issue of consistency,” he said. “The reason we’re all happy taking dollars in wages, or a merchant is happy taking dollars when we go and buy our coffee and groceries, is a $20 note is a $20 note is a $20 note. “Whereas with bitcoin, there are already three different versions [including Bitcoin Cash and Bitcoin Gold], all of which display different performance and development characteristics. If you were to apply that to a monetary system used in day-to-day commerce it would create chaos. “There is a big difference between your local barista saying you can tap with your bitcoin card to buy a coffee, versus the barista actually having to price the coffee they sell in one of the three bitcoin currencies.” That issue of consistency — and volatility — is really at the heart of the Catch-22 facing bitcoin at the moment. Its proponents point to the rapid price increase as validation of the technology and proof of its value as a payment system. But what good is a currency that’s too valuable to spend? Say, for example, you paid a $400 electricity bill with bitcoin back in May 2014 when Living Room of Satoshi launched. Those same bitcoins today would be worth more than $7000 if you had simply held onto them and paid your bill in regular Aussie dollars. “That doesn’t bother me,” said Mr Larkin. “Not in the slightest. For me it’s a revolutionary thing. I spend regularly and I’m happy to, because in my opinion that’s what keeps the market going.”![ffb5c812f94e9b0acbbde6c081d8027e.jpg](https://steemitimages.com/DQmThS6WKzw2tZ5fP1traeAtZ7egjqumHaTp1mhRb1Qwy52/ffb5c812f94e9b0acbbde6c081d8027e.jpg)
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      "body": "DAVID Larkin pays all of his bills in bitcoin.\nThe 32-year-old Melbourne IT worker is a true believer in the cryptocurrency and its potential to revolutionise the world of banking and finance.\nBut unlike buy-and-hold speculators and early adopters, many of whom have become astronomically wealthy holding onto their stash as the price skyrockets, Mr Larkin prefers to use bitcoin for its intended purpose.\n“I don’t have to,” he said. “I choose to make a point that bitcoin has real-world application — you can do things with it.”\nAccording to Mr Larkin, who also used bitcoin to purchase a computer which he now uses to “mine” cryptocurrency Ethereum, there are two types of bitcoin enthusiasts: the “get-rich-quick” crowd who “hold on for dear life” and just want to make a profit, and the “true bitcoiners” who see its future value.\n“I’m more into the technology behind it and the way it works,” he said. “People like us believe in the technology going forward. If people want to get rich off bitcoin they can, that’s their choice. [But] it’s not intended for that. That’s why the creator [Satoshi Nakamoto] is still a mystery.”\nThe price of bitcoin has increased by more than 700 per cent since the start of the year, hitting a fresh record high of $US8200 on Monday. Bitcoin’s market capitalisation — the price multiplied by the number of bitcoins in circulation — now sits at more than $US135 billion, according to Coinmarketcap.\nThat has led to increasing warnings of a bitcoin “bubble”, with many commentators likening the craze to the dotcom boom of the late ‘90s.\nAMP Capital chief economist Dr Shane Oliver this week warned that “every generation gets sucked in” to an investing craze like bitcoin, which Japan Post Bank chief investment officer Katsunori Sago has described as “worse than the IT bubble”.\n\nMr Sago based that assessment on the fact that he “hardly [knows] anyone in person who is trading crypto-currencies” and he hasn’t “seen anyone using them in real life”.\nMr Larkin said he found that reasoning “offensive”. “The problem bitcoin users have with the stuff coming out is that all the people that doubt it — people who are saying that this growth isn’t sustainable, it’s a Ponzi scheme — are bankers, financiers, traders,” he said.\n“I’ve witnessed over the last couple of months houses being sold for bitcoin, cars being sold, Microsoft is accepting bitcoin as payment for its products. These things are becoming real-world applications very, very fast.”\nMelbourne IT worker David Larkin is a bitcoin believer.\nMelbourne IT worker David Larkin is a bitcoin believer.Source:Supplied\n\nAds by Kiosked\nMr Larkin pays his bills in bitcoin through a website called Living Room of Satoshi, a Brisbane-based start-up founded in 2014 which allows people to easily make BPAY, credit card or direct bank account payments using 11 different cryptocurrencies.\nIts chief executive, Daniel Alexiuc, said the site was now processing about $1 million a week in small bills for things like rent payments and electricity. “A lot of the media attention has focused on bitcoin’s increasing value because it just had to happen,” he said.\n“It’s different to other currencies in that there’s a fixed amount of it, not like gold or fiat currency ... so it’s always going to have that inflationary aspect, rather than the deflationary aspect.”\nSo is bitcoin a currency for buying your coffee, a payment system to beat the banks, or something to hoard in the hope of a massive payout?\nAs Jeffrey Tucker from the Foundation for Economic Education explains, “bitcoin is both a payment system and a money”. “The payment system is the source of value, while the accounting unit merely expresses that value in terms of price,” he writes.\n“The unity of money and payment is its most unusual feature, and the one that most commentators have had trouble wrapping their heads around.\n“[The] value proposition of bitcoin is bound up with its attached payment network ... It is not embedded in the currency unit but rather in the brilliant and innovative payment system on which bitcoin lives.\n“If it were possible for the blockchain to be somehow separated from bitcoin (and, really, this is not possible), the value of the currency would instantly fall to zero.”\nMr Alexiuc said it was “impossible to tell” where it would end up. “It is useful as a payment system, also as a currency, and also as a store of value,” he said.\n“It’s a better form of currency, in my opinion, because it’s not issued or controlled by the government. It can’t be shut down, it can be sent cross-border without anyone’s permission. A lot of people are attracted to that.”\nBut he admitted that “when it comes to day-to-day usage, it’s still very early”. “I pay my employees in it,” he said. “We’re still trying to demonstrate its usefulness. $1 million sounds like a lot but compared to how many bills get paid in Australia every day it’s a drop in the bucket.”\nAccording to Jordan Eliseo, chief economist with precious metals investment firm ABC Bullion, many bitcoin enthusiasts were “mistaking the pipeline for the oil”. “Yes, you can use bitcoin to pay for things in a small and limited set of circumstances, but there are a couple of points to make,” he said.\n“The first is that unquestionably the vast majority of users of bitcoin today are not really purchasing it in the hope of using it in day-to-day commerce — they’re purchasing it in the hope of making a profit in denominated fiat currency.\n“There’s nothing wrong with that. People who buy shares or gold are looking to make a profit as well, but we should be very clear that the vast majority of use of bitcoin today is speculation on rising prices.”\nMr Eliseo said he had “some sympathy” with bitcoin’s supporters. “They are right to say there are some flaws in the monetary and banking system, people are right to be concerned,” he said. “I see bitcoin as the wrong answer to the right question.”\nHe added that “just because more and more merchants are using bitcoin as a means of payment, it doesn’t mean it’s becoming money in itself”.\n“The vast majority of those merchants are not taking payment in bitcoin,” he said. “They are using a payment facilitator to convert bitcoin to the currency the merchant wants. It’s not any more exciting than being able to use a credit card or Apple Pay.”\nMr Eliseo said while bitcoin was an exciting technology, it “falls very short” of the characteristics of what is required for money to work.\n“First and foremost is the issue of consistency,” he said. “The reason we’re all happy taking dollars in wages, or a merchant is happy taking dollars when we go and buy our coffee and groceries, is a $20 note is a $20 note is a $20 note.\n“Whereas with bitcoin, there are already three different versions [including Bitcoin Cash and Bitcoin Gold], all of which display different performance and development characteristics. If you were to apply that to a monetary system used in day-to-day commerce it would create chaos.\n“There is a big difference between your local barista saying you can tap with your bitcoin card to buy a coffee, versus the barista actually having to price the coffee they sell in one of the three bitcoin currencies.”\nThat issue of consistency — and volatility — is really at the heart of the Catch-22 facing bitcoin at the moment. Its proponents point to the rapid price increase as validation of the technology and proof of its value as a payment system.\nBut what good is a currency that’s too valuable to spend?\nSay, for example, you paid a $400 electricity bill with bitcoin back in May 2014 when Living Room of Satoshi launched. Those same bitcoins today would be worth more than $7000 if you had simply held onto them and paid your bill in regular Aussie dollars.\n“That doesn’t bother me,” said Mr Larkin. “Not in the slightest. For me it’s a revolutionary thing. I spend regularly and I’m happy to, because in my opinion that’s what keeps the market going.”![ffb5c812f94e9b0acbbde6c081d8027e.jpg](https://steemitimages.com/DQmThS6WKzw2tZ5fP1traeAtZ7egjqumHaTp1mhRb1Qwy52/ffb5c812f94e9b0acbbde6c081d8027e.jpg)",
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2017/11/23 18:27:18
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2017/11/23 18:24:54
authorprashantjangde
bodyMore than $3.3 million has been stolen as part of an elaborate scam that took advantage of bitcoin users seeking to claim their share of the newly created cryptocurrency bitcoin gold. Perpetrated by the operators of a website called mybtgwallet.com, the scheme prompted users to submit their private keys or recovery seeds as a means to generate bitcoin gold wallets, as seen on an Internet Archive snapshot. Shortly after users did so, however, the cryptocurrency holdings in their wallets were sent to different addresses. At least $30,000 in ethereum, $72,000 in litecoin, $107,000 in bitcoin gold and more than $3 million in bitcoin were confiscated, according to self-reported numbers verified by CoinDesk. In an interview, victims blamed the association of the website with the official bitcoin gold project as a source of the effectiveness of the operation. One of the victims, Mikel Martin, explained to CoinDesk: "I reached this site by following the link at [the] bitcoingold.org official website so I trusted it. Yesterday afternoon I noticed both my BTC and BTG stored in that wallet were gone." Safety assurances? Before the thefts became apparent, the team behind bitcoin gold – an effort to create a new version of bitcoin that would restrict the types of hardware that can be used for mining – promoted mybtgwallet.com on their Twitter account, assuring users that it was safe to use on multiple occasions. The person behind the service was, to an extent, ingratiated in the nascent BTG community, including its Slack channel. The website was developed by a user named John Dass, though it is unclear whether this is the developer's actual name or a pseudonym. Further, the Bitcoin Gold website also included a balance checking tool based on code that was shared on GitHub on their website for a brief period of time, though the window only asked for a wallet address and included a disclaimer that users shouldn't share private keys. The Bitcoin Gold team has clarified that the malicious code itself was never present on their official website. Yet once the thefts became apparent, the news quickly spread. An analysis of the site's code by Reddit user Uejji four days ago found that the site stored the recovery keys, which were later sent to the site's owner. The site claimed to be open-source, but all of the source code was changed on GitHub after the scam was initiated, said Torsten Sandor, a spokesperson for Exodus, a digital wallet whose users lost funds in the scam. Some of the victims of the scam used this wallet, which allowed the company to put together how the scam operated for one of their users, he said. "The user gave his recovery seed to the site and his wallet emptied," he told CoinDesk, adding: "This only happened with bitcoin gold. It's a very interesting fork ... I think it's extremely unfortunate that new investors, people who know little about crypto, started buying into it." Scam response Representatives from the bitcoin gold say they're moving to figure out a remedy to the situation. After first being made aware of the scam, the launched an internal investigation, according to spokesperson Edward Iskra. In a published statement, Bitcoin Gold developers said they were "working with security experts to get to the bottom of this issue," but did not clarify who these experts were. Iskra told CoinDesk that, initially, John Dass claimed innocence during this investigation. "The investigation increasingly indicated that the original developer, 'John Dass,' was responsible for the fraud all along … He has dropped out of touch with us, as well," he said. While Dass was in the bitcoin gold Slack channel with a "developer" tag, he was not a part of the project's formal team, Iskra said. There was "no formal relationship at all. He did interact with our devs in the Slack regarding developing his open-source code [and] his web site," he told CoinDesk. "The BTG Twitter account was simply supporting an individual in the community who was supporting BTG – that was their sole intent, at the time." The Bitcoin Gold team will make a further announcement about their investigation within the next few days, Iskra said. Mybtgwallet image via Nikhilesh De / CoinDesk; Car with boot via Shutterstock Correction: A previous version of this article inaccurately indicated that the fraudulent BTG wallet was embedded on their official website. This report has been updated for clarity. ![logo-coindesk-square-x2.png](https://steemitimages.com/DQmTTmqJnKaTnfcAHMn8ghhMq3JnrXpcvRJYFF6BUxRePrd/logo-coindesk-square-x2.png)
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      "body": "More than $3.3 million has been stolen as part of an elaborate scam that took advantage of bitcoin users seeking to claim their share of the newly created cryptocurrency bitcoin gold.\n\nPerpetrated by the operators of a website called mybtgwallet.com, the scheme prompted users to submit their private keys or recovery seeds as a means to generate bitcoin gold wallets, as seen on an Internet Archive snapshot. Shortly after users did so, however, the cryptocurrency holdings in their wallets were sent to different addresses.\n\nAt least $30,000 in ethereum, $72,000 in litecoin, $107,000 in bitcoin gold and more than $3 million in bitcoin were confiscated, according to self-reported numbers verified by CoinDesk.\n\n\nIn an interview, victims blamed the association of the website with the official bitcoin gold project as a source of the effectiveness of the operation.\n\nOne of the victims, Mikel Martin, explained to CoinDesk:\n\n\"I reached this site by following the link at [the] bitcoingold.org official website so I trusted it. Yesterday afternoon I noticed both my BTC and BTG stored in that wallet were gone.\"\n\nSafety assurances?\n\nBefore the thefts became apparent, the team behind bitcoin gold – an effort to create a new version of bitcoin that would restrict the types of hardware that can be used for mining – promoted mybtgwallet.com on their Twitter account, assuring users that it was safe to use on multiple occasions.\n\nThe person behind the service was, to an extent, ingratiated in the nascent BTG community, including its Slack channel. The website was developed by a user named John Dass, though it is unclear whether this is the developer's actual name or a pseudonym.\n\nFurther, the Bitcoin Gold website also included a balance checking tool based on code that was shared on GitHub on their website for a brief period of time, though the window only asked for a wallet address and included a disclaimer that users shouldn't share private keys. The Bitcoin Gold team has clarified that the malicious code itself was never present on their official website.\n\nYet once the thefts became apparent, the news quickly spread.\n\nAn analysis of the site's code by Reddit user Uejji four days ago found that the site stored the recovery keys, which were later sent to the site's owner. The site claimed to be open-source, but all of the source code was changed on GitHub after the scam was initiated, said Torsten Sandor, a spokesperson for Exodus, a digital wallet whose users lost funds in the scam.\n\nSome of the victims of the scam used this wallet, which allowed the company to put together how the scam operated for one of their users, he said.\n\n\"The user gave his recovery seed to the site and his wallet emptied,\" he told CoinDesk, adding:\n\n\"This only happened with bitcoin gold. It's a very interesting fork ... I think it's extremely unfortunate that new investors, people who know little about crypto, started buying into it.\"\n\nScam response\n\nRepresentatives from the bitcoin gold say they're moving to figure out a remedy to the situation.\n\nAfter first being made aware of the scam, the launched an internal investigation, according to spokesperson Edward Iskra. In a published statement, Bitcoin Gold developers said they were \"working with security experts to get to the bottom of this issue,\" but did not clarify who these experts were.\n\nIskra told CoinDesk that, initially, John Dass claimed innocence during this investigation.\n\n\"The investigation increasingly indicated that the original developer, 'John Dass,' was responsible for the fraud all along … He has dropped out of touch with us, as well,\" he said.\n\nWhile Dass was in the bitcoin gold Slack channel with a \"developer\" tag, he was not a part of the project's formal team, Iskra said.\n\nThere was \"no formal relationship at all. He did interact with our devs in the Slack regarding developing his open-source code [and] his web site,\" he told CoinDesk. \"The BTG Twitter account was simply supporting an individual in the community who was supporting BTG – that was their sole intent, at the time.\"\n\nThe Bitcoin Gold team will make a further announcement about their investigation within the next few days, Iskra said.\n\nMybtgwallet image via Nikhilesh De / CoinDesk; Car with boot via Shutterstock\n\nCorrection: A previous version of this article inaccurately indicated that the fraudulent BTG wallet was embedded on their official website. This report has been updated for clarity. ![logo-coindesk-square-x2.png](https://steemitimages.com/DQmTTmqJnKaTnfcAHMn8ghhMq3JnrXpcvRJYFF6BUxRePrd/logo-coindesk-square-x2.png)",
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2017/11/23 18:24:30
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2017/11/23 16:39:33
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2017/11/23 16:38:57
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://www.blockalerts.com/all/us-defense-bill-could-give-big-boost-to-blockchain-coindesk/
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2017/11/23 16:38:27
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2017/11/23 16:37:51
authorprashantjangde
bodyAn obscure provision tucked into a defense spending bill could serve as a springboard for blockchain adoption across U.S. government agencies. Part of a larger bill called the National Defense Authorization Act (NDAA), the Modernizing Government Technology Act (MGT) will allow the public sector to redirect cost savings (which normally must be returned to the Treasury Department) into internal working capital funds that can be used to upgrade their IT systems. It authorizes agencies to use the working capital funds for modernization projects that fall into one of three buckets: cybersecurity, migrating legacy systems to the cloud and "other innovative platforms and technologies." As such, while blockchain is not explicitly mentioned in MGT's text, it fits into the letter of the law's parameters and objectives to advance the technology beyond the proof-of-concept stage at the agency level. Based on what U.S. government officials have said in the past, Trey Hodgkins, senior vice president of public sector at the Information Technology Industry Council in Washington, D.C., told CoinDesk: "Blockchain was clearly one of the technological capabilities that Congress meant for agencies to look at, and what they were trying to do was create dollars with some flexibility to them so that agencies would have their own discretion on what they invest in." Far from being held up in legislation, however, the MGT could soon have an impact. The NDAA has been passed by both the House of Representatives and Senate, and is awaiting President Donald Trump's signature, at which point it would become law. Blockchain catalyst Companies looking to provide enterprise blockchain services to the public sector echoed Hodgkins' optimism that the act could provide a pathway toward increased funding and experimentation at the governmental level. "We are excited about the MGT Act because it provides incentives to federal agencies to move away from high-cost, low performing legacy systems toward new technologies, like blockchain and smart contracts," said Todd Miller, U.S. markets lead at ChromaWay, a hybrid blockchain database provider in the process of opening a Washington D.C. office. Jeremy Wilcox, managing director for public sector at technology consultancy ClearEdge Partners, said the act could be a "catalyst" for the technology, even if agencies were to only redirect a small percentage of the funds toward blockchain. The flexibility afforded by the MGT could also give agencies some workaround to a congressional appropriations process that has been marred by political logjam. Rather than passing annual budgets, Congress, in recent years, has passed a series of appropriations bills that temporarily extend what was authorized in the prior period. This dynamic has hamstrung agency's efforts to secure funding for technology upgrades. "Sadly, it's a completely dysfunctional process, and for newer technologies, it's really challenging to get an agency to the point where they have the ability to plan for and design and architect, and then go out and buy something and then deploy it," said Hodgkins. MGT could change that dynamic by giving agencies more discretion in deciding which technology upgrades to pursue and how to go about paying for them. Speaking to this flexibility, Wilcox told CoinDesk:![avatar92.jpg](https://steemitimages.com/DQmSMKj9Rq3TGTPuad1jwSUopTbmDyGyFs6WvMeSezT7VcC/avatar92.jpg)
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2017/11/23 16:31:27
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2017/11/23 15:49:03
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2017/11/23 15:48:48
authorchessking
bodyThe world of the Jetsons is finally here! But hopefully it doesnt turn out like Terminator 2.
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2017/11/23 15:41:21
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2017/11/23 15:40:54
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.cnet.com/news/walmart-rolls-out-shelf-scanning-robots/
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2017/11/23 15:40:24
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2017/11/23 15:39:48
authorprashantjangde
bodyWhat we think of as a robot, Walmart calls "shelf-scanning technology." And don't be surprised if you run into these tall, grey machines slowly rolling down the aisle of your local store. The big box retailer said Thursday that it's testing a "small number" of robots to "handle tasks that are repeatable, predictable and manual." Such tasks include scanning shelves for out-of-stock items, making sure all pricing is correct and fixing any wrong or missing labels. "This new shelf-scanning technology frees up time for our associates," Walmart wrote in a blog post. To keep up with the times, Walmart has been increasingly turning to tech. It's acquired online shopping sites to grow it's e-commerce business, it's been testing straight-to-you-fridge grocery delivery and it's worked with Google to create a voice shopping assistant. Walmart said the robots won't be replacing human employees, instead they'll be helping to "save our associates and customers time." So far, Walmart has tested the shelf-scanning technology in several stores in Arkansas, Pennsylvania and California. It's now planning to bring the robots to 50 more stores in the near future. The Smartest Stuff: Innovators are thinking up new ways to make you, and the things around you, smarter. Tech Enabled: CNET chronicles tech's role in providing new kinds of accessibility. ![walmart.jpg](https://steemitimages.com/DQmRCWJJxdvafYcuvwATBFBSj4MyXAWEdBmiSDZck3j2yZH/walmart.jpg)
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[]