Čvn 20

CryptoPing to Help Users Navigate the Cryptocurrency Investment World

· June 20, 2017 · 2:00 pm

CryptoPing is an Instant Message bot for cryptocurrency traders, compiling information from exchanges and presenting it to the user in the form of comprehensive signals.

[Note: This is a sponsored article] 


Navigating the Cryptosphere

The recent cryptocurrency rally has taken crypto to unexplored heights, amassing a global market cap of over 100 billion and gaining new users worldwide. However, it has also created a FOMO (Fear Of Missing Out) environment where inexperienced traders can lose fortunes in weeks due to rushed decisions based on no substantial research whatsoever.

In a market like this, experienced traders profit greatly from past experience, while entrant users must resort to information hubs. However, quality trading and analysis tools and info are not in abundance in cryptocurrency world, which means that users may be lead to make decisions based on incorrect information.

Bitcoin Price markets

CryptoPing is an Instant Message bot for cryptocurrency traders. Taking the form of an ordinary chat room, it compiles information from exchanges and presents it to the user in the form of signals, who can then choose to act upon it. The CryptoPing bot clears the overwhelming noise in the cryptosphere and prevents you with the most relevant movements in the market in due time.

Showcasing the need for quality tools in the field, CryptoPing’s ongoing crowdfunding campaign has already raised 65% of the initially expected funds. The CryptoPing IM bot has more than 25,000 active users, with more 500 new daily registrations, currently awaiting the launch of the subscription-based services and social sharing.

CryptoPing: Enhance Your Trading System

The information provided by CryptoPing is based on the trading volume, price movements, change to coin rate to BTC, cryptocurrency market capitalization, and more. This information will be compiled in a manner that quickly tells the user what altcoins he can buy and why, showing the relevant market movements.

Although CryptoPing can be used to enhance your trading skills, allowing you to quickly scope out the market in four different cryptocurrency exchanges and to place your orders based on the provided info, all of your purchases should be accompanied by extensive research. This system allows you to know all relevant information about the investment you’re making and not just the price/volume movements, which can be deceptive.

In the future, CryptoPing’s roadmap includes social trading, an investing app, news and social feeds monitoring, neural network for markets and auto-investing app and more

The PING Token & ICO

In order to fund the development of the CryptoPing project, an Initial Coin Offering (ICO) Campaign is currently taking place, allowing users to exchange Bitcoin in exchange for PING tokens, a crypto-based asset issued on the Waves Platform.  The ICO has gathered over 377 BTC so far, with four more days left until the end of the campaign.

The PING token is used as a payment method for the CryptoPing subscription model. Most of the PING tokens used for payments will be burnt for the first six months, which allows the total supply of 10 million to decrease.

So far, CryptoPing has been able to gather 65% of the expected funds. With over 2202 investors worldwide, CryptoPing will be able to deliver a globally accessible product that can be used by anyone that has access to an IM app like Telegram or Slack.

Can CryptoPing become a standard tool for experienced and novice traders alike? Share your opinion below!


Images courtesy of CryptoPing, Shutterstock 

Show comments

Share
Říj 28

American Students More Burdened by Debt Than Ever Before

Source: bitcoin

American Students More Burdened by Debt Than Ever Before

College education is expensive, whether you’re going for your bachelor’s degree or your master’s degree. And these days, American students are more burdened by student loan debt than ever before. While there are more affordable options, such as online schools that offer a wide array of programs, from an online MBA to an online homeland security program, taking out loans to pay for higher education has put young adults in debt before they even have a chance to start working.  

A Look at Some Numbers

To really understand just how burdened American students are with debt, you need to look at some statistics. First off, as of 2016, the typical college graduate has an average of $37,172 in debt from student loans. This is an increase of 6% from 2015.

The total student loan debt in the country is roughly $1.26 trillion, with 43.3 million people dealing with student loan debt. On top of that, 11.6% of students are dealing with loan delinquency. And the median student loan payment each month for those who are between the ages of 20 and 30 is $203.

Debt associated with private student loans, in particular, is also increasing. While $5.5 billion was borrowed from 2011-2012, $6.2 billion was the amount borrowed in 2012-2013.

A Look at Loan Programs and Their Debt

There are different types of loan programs and different types of loans that American students can receive if they wish to attend college for a degree. And to get an idea of what the debt really is, you need to look at the breakdown of the number of borrowers and how much total debt there is.

For example, Perkins Loans have been taken out by 2.7 million borrowers, for a total of $8 billion, while FFEL Loans are used by 16.8 million borrowers, and it amounts to $342.6 billion. But 30.5 million borrowers have Direct Loans that amount to a total debt of $911.6 billion.

A Look at Graduate Student Loan Debt 

Undergraduate students aren’t the only ones who are burdened by student loan debt, as those seeking graduate degrees are also forced to take out student loans in order to afford the programs that will give them the skills that they need to advance their careers and ask for a higher salary.

In 2016, roughly 40% of the total $1 trillion in student loan debt was actually used to pay for professional degrees and graduate degrees. A law degree, for example, would create $140,616 in debt, while an MBA would result in $42,000 in debt. Medical and health sciences degrees result in a whopping $161,772 in debt, while a Master of Education degree results in $50,879 in debt.

While many Americans deal with debt, student loan debt, in particular, is a growing problem that’s causing a lot of concerns. As the cost of higher education continues to climb across the country, more students are seeking more affordable ways of getting the education they need, and they’re often turning to public universities and online degree programs as a result.

The post American Students More Burdened by Debt Than Ever Before appeared first on Bitcoinist.net.

American Students More Burdened by Debt Than Ever Before

Share
Srp 02

Indacoin: Buying Bitcoin, Litecoin with a Credit Card

Source: bitcoin

Indacoin

Indacoin is an exchange service that allows users to buy bitcoin and litecoin with debit or credit cards. With customers across the world, in areas such as the US, Canada, Europe and the CIS region, this platform aims to make bitcoin more accessible to the average person.

Disclaimer: This article was sponsored by Indacoin. Bitcoinist is not responsible for this firm’s products and/or services.

How Indacoin Works

 To use the service, customers enter a credit card number, along with a valid phone number and email address. After specifying how much bitcoin or litecoin the customer would like to purchase, users enter the bitcoin address where they would like to have their coins deposited. Indacoin notes that all details provided must match customer bank record.

After completing this process, Indacoin will purchase the cryptocurrency and then send it to the provided wallet address. According to the website, coins should appear in the customer’s wallet within 10-15 minutes after the order is completed. Indacoin transactions should appear on the customer’s credit card statement as “indacoin.com +44 207 048 25 82.”

The Indacoin service can be used with both USD and EUR-denominated credit cards, making debit and credit card bitcoin purchasing available to a large portion of the global cryptocurrency community

New clients will have purchasing limits during their first month of using the service. First-time users will be able to buy up to $100 in bitcoin with their bank cards. After four days, users will be able to make a second purchase up to $200 dollars. These limits are in place for one month, after which users can purchase bitcoin and litecoin with no limitations.

For those who would like to earn discounts on their purchases, Indacoin’s affiliate program allows individuals to share referral links on social media, giving them discounts based on the dollar amount of the cryptocurrency purchased through the referral link.

Customers seem pleased with Indacoin’s bitcoin purchasing service, with several testimonials posted on the company’s website.

“I have bought 5 bitcoins with my Brazilian credit card,” Rafael de Toledo says. “It was simple and safe, I’m really glad about the service!!!”

Anna Shadcheva from Russia recommends the service for “anyone [who] wants to buy bitcoins with a credit card.” “It took less then hour [sic] to receive bitcoins,” she says.”

The list of positive customer reviews continues, with other people from  France, Netherlands and Indonesia praising the website for its effective bitcoin purchasing service.

Indacoin also hosts a trading platform, where people can buy and sell bitcoin and litecoin in a more traditional exchange environment. Traders can deposit money into their Indacoin trading wallets with debit and credit cards, as well as online fiat wallets such as Payeer, PerfectMoney and OKPay. Users can withdraw money from the exchange into their cryptocurrency wallets, and can use Payza for fiat withdrawals.

For more information about Indacoin’s bitcoin purchasing service, view their Frequently Asked Questions page.

To check out the bitcoin and litecoin exchange, visit Indacoin’s website.


Images courtesy of Indacoin

The post Indacoin: Buying Bitcoin, Litecoin with a Credit Card appeared first on Bitcoinist.net.

Indacoin: Buying Bitcoin, Litecoin with a Credit Card

Share
Čvn 20

3 Killer Apps Awaiting Bitcoin This Year

Source: bitcoin

3 Killer Apps Awaiting Bitcoin This Year

For most, bitcoin is used in two ways; it is either held in cold storage as an investment, or used as an alternative payment medium to fiat. Both have their own advantages over their traditional alternatives, but the real driving forces behind bitcoin’s development are rarely discussed – the conversation hangs largely around bitcoin’s price, and whilst that is an exciting topic, it does not inspire those who are truly interested in the power of cryptocurrency.

Internet of Things and the Machine-Payable Web

 

You’ve probably heard of the Internet of Things (IoT) and the disruption that will come once this new technology is realized – machines will be able to communicate with one another, allowing for huge efficiency gains and the removal of human error (think driverless cars). While Ethereum is making the IoT a reality through its distributed computational blockchain, bitcoin is moving the technology closer to what has been dubbed by Balaji Srinivasan of 21 as the Machine-Payable Web.

The Machine-Payable Web takes the IoT a step further, and will allow devices to transact value with one another automatically and trustlessly. The value exchanged in any one device-to-device transaction would typically be incredibly small; perhaps for the payment of a single API call, but thousands of these tiny payments per second could result in large amounts of value flowing between machines. In the past, similar payments have been made of course, but they require credit card details, user account registration and other levels of friction that are destined for redundancy thanks to the Machine-Payable Web. This new technology, which is already in beta at 21.co, will demonstrate a move towards a frictionless digital economy that is run on top of bitcoin.

Decentralized Bitcoin Gambling

 

The gambling market is one of bitcoin’s largest use cases. Players from anywhere in the world can bet at any bitcoin-accepting casino with ease, and in many cases the gambling sites that operate also provide ‘provably fair’ random number generators and extremely low house edge or rake.
But decentralization of bitcoin gambling promises to shift the industry into a new paradigm – one that could not be realized without the use of this cryptocurrency. Through decentralization, a gambling site would operate on the blockchain itself i.e. its code would be distributed across thousands of bitcoin nodes, meaning that the site had no single point of failure. Compare this to the current situation whereby a casino would operate on a single server (or possibly a handful of servers) which are all vulnerable to attacks and maintenance issues.

This level of decentralization would also mean that bitcoin casinos would have very little maintenance costs as their operation would be powered by the blockchain itself. Without the cost of servers and staff, the casino house edge could be reduced to virtually zero, while allowing the operation to scale to enormous heights without any structural or growth issues.

Personal Identity on the Bitcoin Blockhain

 

Our personal identities are held by a central government; one which has access to every available detail about our personal lives and one which we are forced to trust without reason. A horrific situation that could feasibly arise from this is one in which a Nazi-like leader rises to power and commands a genocide based on data they own about us as individuals – just one worrying result of a centralized ID system. Bitcoin can change all of that.

Taking the Syrian refugee crisis as one example, many of those fleeing war torn cities have had their documents lost or confiscated, causing major difficulty in crossing borders. But what if those documents were stored on the blockchain, and anyone anywhere in the world could access the information that you chose to provide by unlocking it with your own private key? And this goes way beyond just personal identities and travelling across borders; this applies to voting systems, ownership rights, criminal records, reputation and any other aspect of our lives that would benefit from such a technology.

Many people ask why a company would use bitcoin’s blockchain and not a private one? Well the answer is that bitcoin offers the largest public blockchain in the world, the network is kept secure and active by the thousands of nodes and miners that operate within it; and business owners can create scalable products on top of bitcoin’s blockchain with this security in mind. Private blockchains simply do not have the number of participants in a network to keep it secure – and they are also extremely expensive to maintain; bitcoin’s is n

The post 3 Killer Apps Awaiting Bitcoin This Year appeared first on Bitcoinist.net.

3 Killer Apps Awaiting Bitcoin This Year

Share
Čvn 03

OXBTC: A Cryptocurrency Investment Service Platform

Source: bitcoin

OXBTC

OXBTC is a cryptocurrency “investment service platform” that offers many different options for profiting from the growing digital currency market. Just recently, the company added Ether cloud mining to its list of services.

Disclaimer: This is a sponsored story. Bitcoinist is not responsible for this company’s products and/or services.

As an all around “investment platform,” OXBTC boasts “the world’s highest ROI,” with users able to make money from cloud mining, trading and “Bitcoin deposit investment products.”

The company provides Bitcoin and Litecoin deposit and GHS, MHS, and ETH cloud mining services “for all cryptocurrency enthusiasts.” OXBTC’s deposit contracts reportedly “enjoy the world’s highest Bitcoin/Litecoin ROI.” Users can also purchase and trade cloud hashing power.

Located across China in the Sichuan, Ordos and Inner Mongolia regions, the company’s mining farms cover over 200 acres, producing 10 PetaHash of bitcoin cloud mining hashing power and an Ether cloud hashrate of 30 GigaHash.

These mining farms are powered by low-cost electricity. At only 15 cents per kilowatt hour, OXBTC’s low electricity overhead allows it “to deliver the most cost-efficient cloud mining services” to its nearly 80,000 customers worldwide.

In response to the recent rally in the price of Ether, OXBTC has launched cloud mining contracts for the token fueling the Ethereum network. Customers can now purchase a 1-year mining contract at $34.9 USD per ETH MHS with NO maintenance fees.

Regarding all of his company’s mining contracts, OXBTC CEO Weicheng GUO says, “OXBTC is undoubtedly profitable and will continue to be as the mining rigs keep updated.” He continues, “OXBTC will continue to introduce the best miners to guarantee a highest ROI for our users.”

While deposit and cloud mining contracts are the company’s main focus right now, GUO says that they are open to providing other investment products “as long as it’ll benefit our 80,000 users globally.”

About OXBTC

OXBTC was founded in October 2014 by several well-established investors in China. We have an experienced R&D team who has been in the Bitcoin industry for many years. Our long-time experience in Bitcoin mining and farm deployment support our success and leadership in China’s Bitcoin mining industry. Meanwhile, Our Global Mining Network consists of many reliable partners to make the best of global resources and deliver the most cost-efficient hashing power.

The post OXBTC: A Cryptocurrency Investment Service Platform appeared first on Bitcoinist.net.

OXBTC: A Cryptocurrency Investment Service Platform

Share
Úno 27

Wall of Coins: Effortless Marketplace for Bitcoin

Source: bitcoin

Wall of Coins: Effortless Marketplace for Bitcoin

Wall of Coins is a peer-to-peer bitcoin marketplace that lets users buy and sell bitcoin without compromising privacy or security. Customers report that this exchange is fast, with an average order fulfillment time of around 10 minutes.

Disclaimer: This is a sponsored story. Bitcoinist is not responsible for the products and/or services of this company.

Wall of Coins: Buying and Selling Made Easy

A Wall of Coins representative said:

“Wall of Coins is the easiest place to liquidate Bitcoin on the planet. You get cash immediately and securely at the price you determine. Say goodbye to waiting days for an ACH transfer, and say so-­long to paying any fees.”

Being able to cash out your coins without waiting on an ACH transfer is actually kind of a big deal. Competitors that do use the ACH transfer system, like Coinbase, generally require sellers to wait around 2-4 business days before their fiat appears in their bank accounts. These delays make bitcoin fairly illiquid, greatly diminishing the utility of the Bitcoin network’s fast confirmation times and borderless transactions.

The exchange touts its speed and efficiency in connecting buyers and sellers through its Buying Wizard. With the Wizard, users get funds sent directly to any address they choose, eliminating any waiting time that may come from internal confirmation processes on other exchanges. Users should be able to have their funds sent to any Bitcoin market instantly. To use the Wizard, traders enter their bitcoin addresses and wait for the order to complete, and then their coins “are sent instantly to the market.”

Wall of Coins claims top-notch security as well. Genitrust CEO Robert Genito says that his team at Wall of Coins employed security analysts and “ethical hackers” to build the exchange from the ground-up, ensuring that it protects user funds.

One of the exchange’s strongest security features is a unique technology it uses called “Rapid Cold Storage.” This system allows Wall of Coins to send transactions from cold storage just as fast as transactions sent from multi-sig wallets. Therefore, Rapid Cold Storage is comparable to hot wallets in speed, but boasts increased security, keeping keys away from online systems.  Furthermore, the company says that their offline machines actually offer “more robust” protection than multi-signature technology, suggesting an extremely secure storage system.

To protect buyer privacy, Wall of Coins does not require users to give up banking information, allowing them to trade without linking an account.

Sellers can also get cash immediately sent to any secure financial system they choose, including bank accounts, credit unions, Moneygram and Western Union.

The team running the company is composed of experienced Bitcoiners. According to them:

“We are all seasoned veterans, with some of us having sold Bitcoin since 2011. We understand these problems intimately, and have developed technology to solve all problems related to selling coins for cash.”

Operating for over a year, Wall of Coins customers have made their satisfaction known. The company provides users with a free customer service hotline operated in a live call center, as well as a live chat system on the website.

The team also works to provide stress-free trading to its customers by doing “all the heavy lifting for its sellers.” With its peer-to-peer market and its emphasis on security, Wall of Coins aims to provide a trading experience where users don’t have to “worry about finding liquidity for large orders, or the fear of robbery.”

Wall of Coins has also made its API available to anyone. Through the API “we’ve allowed ANYONE to offer the same Buy/Sell functionality [as us],” Genito says, “what does this mean? Well think of Gildera and Airbitz: Airbitz was able to offer their users the ability to load their wallet with bitcoin (using Gildera) — we did something similar with Post Share wallet almost a year ago.”

This company is run by Genitrust, a privately-funded corporation. Since its creation in 2013, Genitrust has specialized in Bitcoin software solutions. The profits they have made from their endeavors in early mining, GPU co-location, ASIC mining, ASIC co-location through HashingPlex, and the “Sell Bitcoin” app on Wall of Coins have gone back into the Bitcoin ecosystem to ensure its continued growth.

What do you think about Wall of Coins? Let us know in the comments below!

The post Wall of Coins: Effortless Marketplace for Bitcoin appeared first on Bitcoinist.net.

Wall of Coins: Effortless Marketplace for Bitcoin

Share
Úno 22

BTCS Management Demonstrates Commitment to Execute on Key Milestones by Voluntarily Escrowing 15% of the Outstanding Shares of BTCS Common Stock

Source: bitcoin

BTCS Management Demonstrates Commitment to Execute on Key Milestones by Voluntarily Escrowing 15% of the Outstanding Shares of BTCS Common Stock

Arlington, VA – (Marketwired – February 22, 2016) –BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a blockchain technology focused company which secures the blockchain through its transaction verification services business, management demonstrates their commitment to execute on key milestones by voluntarily escrowing 24 million founder shares of their BTCS common stock holdings valued at approximately $2.14 million as of February 19, 2016.

Should the Company fail to close its pending merger with Spondoolies-Tech Ltd. (“Spondoolies”), half the escrowed shares (12 million) will be returned to the Company for cancellation for no consideration. The remaining half of the escrowed shares (12 million) will be returned to the Company for cancellation for no consideration should it fail to complete an up listing to a major exchange such as the Nasdaq or NYSE.

“Michal and I are extremely confident in our ability to complete these key strategic milestones well within the timetable established in the escrow agreement,” stated Charles Allen, CEO of BTCS. “Voluntarily placing shares representing 15% of the Company in escrow under the terms outlined shows how committed we are to executing on our plans and the future growth of the Company.”

Allen continued,

“Blockchain technologies are set to revolutionize transaction based business globally, and BTCS is well-positioned to be a leader in the space. Research from Goldman Sachs and analysis by leading publications such as The Economist forecast blockchain technologies will become a significant multi-billion dollar market opportunity. We’ve focused on building a strong foundation to capitalize on this opportunity, and we’re now ready to reap the rewards.”

The escrowed shares, representing 15% of BTCS shares outstanding, are personal holdings of Charles Allen, CEO, and Michal Handerhan, COO. The shares will remain in escrow until the completion of each respective milestone or December 31, 2016, whichever comes first.

Full details of the share escrow agreement are available in the Company’s 8-K filed with the Securities and Exchange Commission on February 22, 2016.

About BTCS:

BTCS secures the blockchain through its rapidly growing transaction verification services business and plans to build a broader ecosystem to capitalize on opportunities in this fast growing industry. The blockchain is a decentralized public ledger and has the ability to fundamentally impact all industries on a global basis that rely on or utilize record keeping and require trust. BTCS continues to evaluate and build additional blockchain technology consumer solutions. BTCS also actively partners and integrates with strategic digital currency and blockchain technology companies who provide products or services that are complementary to its business strategy.For more information, visit: www.btcs.com.

The post BTCS Management Demonstrates Commitment to Execute on Key Milestones by Voluntarily Escrowing 15% of the Outstanding Shares of BTCS Common Stock appeared first on Bitcoinist.net.

BTCS Management Demonstrates Commitment to Execute on Key Milestones by Voluntarily Escrowing 15% of the Outstanding Shares of BTCS Common Stock

Share
Úno 16

BTCBear: Trade Bitcoin With Security and Ease

Source: bitcoin

BTCBear

BTCBear is an international bitcoin exchange platform based in London. The company was founded by Casey Rush in August 2015 with the goal of providing a secure, high quality bitcoin trading experience. 

Disclaimer: This is a sponsored story. Bitcoinist is not responsible for this company’s products and/or services. 

Secure Trading With BTCBear

BTCBear offers a web-based trading service with  two advanced order forms: Market Order and Limit Order.

Market Orders are executed as soon as they are placed, allowing customers to buy or sell immediately at current market prices.

The two different kinds of Limit Orders customers can use on BTCBear are Take-Profit and Stop-Loss. The Take-Profit order automatically closes an open order when the exchange rate reaches a specified threshold. These orders are used to lock in profits when customers are unavailable to monitor their open positions. The Stop-Loss order is a defensive mechanism, helping protect against further losses, as well as avoiding margin closeouts. This order type automatically closes an open position when the exchange rate moves against the customer, falling to the levels specified by the trader.

BTCBear says:

“Your trading style will dictate the order type that best suits your needs, you can use Market Orders, Limit Orders (Stop-Loss and Take-Profit). A Market Order is executed immediately when placed, It is priced using the current spot, or market price. A limit order is an order to buy or sell a currency pair, but only when certain conditions included in the original trade instructions are fulfilled.”

In addition to advanced order forms, BTCBear has other interesting features. The first is called the “Redeem Code,” which lets users transfer USD and EUR to other people with an account with the exchange. Secondly, the company provides the “BTCBear eCode,” allowing its customers to send money to “friends, family and sellers,” making the process “easier than ever from [a] Bitcoin exchange platform!”

The bitcoin exchange also prides itself on providing its customers with a secure trading experience, using a combination of cold storage and two-factor authentication. According to BTCBear, 95% of all their bitcoins are kept in a cold storage wallet, and their database is backed up multiple times per day. Also, to protect customers, all member accounts are secured using Google two-factor authentication, which adds an extra layer of security against hackers trying to access someone’s account. Furthermore, people can make an account with BTCBear without any proof of address or identity verification, making this exchange more privacy-oriented than most of its competitors.

These features combine to form 4 selling points that BTCBear believes should make anyone want to choose their international bitcoin trading platform over anyone else:

  1. Secure offline Bitcoin cold storage
  2. Open an account quickly and easily. You won’t have to spend a lot of time filing agreements and sending documents to open an account. You can use BTCBear’s trading software to send and receive bitcoins without any proof of address or identity verification
  3. Easily deposit and withdraw money into an account with different methods with direct deposit buttons. Deposit money to an account anytime via online payment services such as Perfect Money, AdvCash, Payeer. BTCBear will also be adding OKPay, Payza and WebMoney to their list of supported payment services very soon.
  4. Different trading types.

The exchange accepts USD, EUR, bitcoin and litecoin for these services.

BTCBear believes that these mixture of secure and high quality trading features makes their platform a contender in the world of bitcoin trading. If you would like to learn more about BTCBear or possibly open an account with them, you can visit their website here.

What do you think about BTCBear? Let us know in the comments below!

The post BTCBear: Trade Bitcoin With Security and Ease appeared first on Bitcoinist.net.

BTCBear: Trade Bitcoin With Security and Ease

Share
Led 31

LimoPlay to Announce Cutting Edge Game at LAC 2016

Source: bitcoin

LimoPlay

LimoPlay stands out from its online gambling competitors by bringing a feeling of luxury to every one of its customers. Created by a team of “iGaming professionals, with more than 15 years of experience,” LimoPlay believes that its services trump all others, giving its players “the best games and offering you the biggest rewards.” The company expects to improve their player experience even further after the London Affiliates Conference 2016 (LAC) on February 4 through 7, where it will reveal exciting new games and Services.

Disclaimer: This is a sponsored story, Bitcoinist.net is not responsible for this company’s products and/or services

LimoPlay at LAC 2016: Introducing Johnny the Octopus

This conference will be a big opportunity for LimoPlay to increase the number of affiliates working with bitcoin casinos. Since the company also has a large fiat userbase, LimoPlay representative Jay Simons believes that they will be able to draw in affiliates they wouldn’t be able to get otherwise.

In addition to presenting special offers to potential affiliates, LimoPlay will use LAC 2016 as an opportunity to announce its new game, “Johnny the Octopus.” Simons claims that this new game is “the world’s very first online slot game based on WebGL, a technology that delivers real 3D graphics across multiple devices.” By using the webGL technology, “Johnny the Octopus” will feature 3D graphics, making it extremely “lively.” “You will notice the ocean bed is ‘alive’,” says Simons, describing the visual features present in the 3D slot game, including “tiny bubbles of air, plankton, [and] sun beaming through the ocean waters. This new game is a revolutionary concept both among bitcoin casinos and fiat online casinos

“Jonny the Octopus” has an interesting story to go along with its cutting-edge technology. The game’s main character, Johnny, is a retired octopus pirate. Johnny “once spread horror all over the Atlantic Ocean. His brutal power and bravery knew no limits.” After retiring around 200 years ago, though, he has mellowed out a lot, and wants to share his treasure. LimoPlay customers will get a chance to claim their share of the treasure by playing this slot game, which will be added to the company’s long list of games very soon. Together with more than 500 other games, LimoPlay offers large variety of entertainment to its customers.

LimoPlay hopes that this game will help them grow their user base of Bitcoiners and fiat currency users. LimoPlay expects “Johnny the Octopus” to uphold the company’s “luxury” gaming reputation, which it has built by offering “more than 500 games from the best providers.” The online casino’s work has earned it a spot among “the top of the list” of bitcoin casinos, as well as recognition among fiat-based services. Simons says:

Placing our care on the player’s needs is one of our core values and we believe that this is the way to provide different and unique gaming experience

LAC 2016 will be held from February 4 to the 7th, 2016, at the Olympia Conference Centre in London. If you are interested in attending, you can register as an individual or as part of a group on the LAC section of the IGB Affiliate website. Tickets for non-affiliates start at 559 GBP.

Will you be attending LAC 2016? Let us know in the comments below!


Images courtesy of LimoPlay

The post LimoPlay to Announce Cutting Edge Game at LAC 2016 appeared first on Bitcoinist.net.

LimoPlay to Announce Cutting Edge Game at LAC 2016

Share
Led 05

Happy birthday Bitcoin – 7 years and counting

Source: bitcoin

Happy birthday Bitcoin – 7 years and counting

It’s been a rollercoaster ride for miners and investors alike with this relatively new ‘digital currency’ hitting highs of over $1100 and lows of $177 in the last two years alone, but the currency has survived all of the clamour surrounding its’ inception and adoption and continues to mature as both a payment and investment alternative; for that we wish it a Happy Birthday and prosperous years to come.

With 2016 now upon us and hundreds of pieces of Bitcoin news already clogging up the news pages, it seems sensible to focus more about what we would like to see happen with the industry rather than let loose a string of predictions that may leave us languishing like the other industry bodies that have already tried and failed in previous years.

Primarily, with so many payment gateway and wallet start-ups now forced into closure or merging to stay afloat, it seems sensible to say that a dominant set of ‘approved options’ move to the market front that users can trust. Must like the birth of social media, there is only room for a select few to truly establish themselves as market leaders and the hype surrounding the e-currency has yet to disseminate enough for us to see the finished line-up; something we hope will happen over 2016.

Secondly, banks need to understand that their outdated compliance grades are not adaptable to Bitcoin or crypto-currencies yet a bridge between the two groups must be formed if the currency is to reach its’ potential. With users still forced to pay huge surcharges to buy coins or grandiose levies on payments made, it is difficult for the wider masses to trust it enough to take a chance on it. Should banks find a solution that can work for them to not only accept the currency into its’ circulated accounts but also offer a level of protection on payments made, the number of users will explode and its’ value will surely follow.

    Thirdly, while the currency was exceptionally volatile over the previous years, a reduced amount of BTC mining availability (from 3600BTC to 1800BTC per day by late 2016) will ensure the currency cannot be controlled or shorted as much as it has been and we hope to see its’ valuation plateau which will surely attract longer-term investment that can help existing businesses further-strengthen their foothold as industry ambassadors.

Finally, while new companies will always pop-up in such a lucrative industry space, their ability to outlast their competitors will see many freefall into bankruptcy and early closure which, as mentioned above, will help cement the few leading companies as companies to be trusted, something that may help them increase the active level of Bitcoin users to make this currency as great as it has the potential to be.

The post Happy birthday Bitcoin – 7 years and counting appeared first on Bitcoinist.net.

Happy birthday Bitcoin – 7 years and counting

Share