Bitcoin Can Allow Mobile Payment System

Bitcoin Can Allow Mobile Payment System

Bitcoin Can provide mobile payment system

What Bitcoin solves…

The essence of mobile payment systems is to make the life of individuals comfortable. Mobile payments are supposed to offer clients a convenient method of paying for goods and services while on the go. Since mobile payment solutions were introduced, experts have been saying that mobile payment is the biggest innovation in this age and that it is set to change the lives of individuals and businesses alike.

The beauty of mobile payments is that individuals do not have to carry cash whenever they are traveling. As long as people have their smart phones, they can successfully make purchases and pay for services using special applications on their mobile phones.

However, it is instructive to note that the manner in which experts envisioned mobile payment services had not been proven to be accurate. Initially, two giants, Apple and Samsung, were touted as the potential leaders in mobile payments.

Apple introduced its solution, Apple Pay that is based on its proprietary operating system. Samsung, banking on the open Android platform, was keen enough to develop its solution, Samsung Pay. A third competitor, Square, also emerged. Therefore, at first, the mobile payment market was set to be dominated by these three giants: Apple Pay, Samsung Pay and Square.

But the response of the market has not been favorable to the likes of Apple Pay and Samsung Pay. So far, consumers have not embraced these two major mobile payment solutions in a manner that is similar to the way they have embraced their mobile devices. For example, Apple Pay has failed to break into the market and reach its projected rates of growth.

Similarly, Samsung Pay is still struggling to hit its projected numbers. Interestingly, the story is not different when you consider Square. Therefore, all these three major global mobile payment services have failed to create the buzz and excitement that they expected to create in the market.

Cryptocurrencies in general, and Bitcoin, in particular, may be the perfect solution to the problems that consumers experience when they are using the likes of Apple Pay and Samsung Pay. No one can deny that the use of Bitcoin has been growing steadily over the years. To many, Bitcoin is the perfect solution to the problems that they encounter when they would like to pay for goods and services without using cash.

For example, the use of Bitcoin does not involve intermediaries as it is the case with the conventional methods. Besides, individuals can send and receive Bitcoins at the convenience of their homes or anywhere else. Moreover, many people find that using Bitcoins costs much less than what they may have to pay concerning transaction fees when using the conventional mobile payment methods.

Moreover, you do not need to have a bank account to use Bitcoin. In fact, Bitcoin helps you to make and receive payments as an unknown entity. The element of anonymity when using Bitcoin is very attractive to many people who do not like the current model used by global mobile payment services.

Therefore, it is highly likely that Bitcoin is going to be the future of global mobile payments. The anonymity aspect of the payment method, its low transaction fees, and convenience are some of the attributes that make it better than the conventional methods.

David Ogden
Entrepeneur

 

Artical By AliRaza

David – http://markethive.com/david-ogden

UK Banks Shun Bitcoin !

Banks in the United Kingdom are turning a deaf ear to bitcoin exchanges, despite the government’s pro-blockchain position, according to financial writer Roger Aitken, writing in Forbes. Unless the situation changes, the banks will undermine bitcoin’s progress and drive Cryptocurrency entrepreneurs out of the banking system.

This fact together with the uncertainty  surrounding the pound due to Brexit could be a disaster for those who live in the UK, the banks are feeling under threat. Hopefully the government will step in and tell them not to be so stupid.

Cryptopay, a bitcoin brokerage, recently informed customers that it will no longer support British Pound deposits and withdrawals on account of new bank policies. Such incidents have increased as bitcoin has gained popularity.

Cancellation of GBP deposit and withdrawal facilities limits people to Single Euro Payments Area (SEPA) transfers, making Cryptopay’s buying and selling useless to most British customers.

U.K. Banks Shun Bitcoin

A dozen or more U.K. brokerages and bitcoin exchanges have suffered over the past three to four years as banking facilities have become unavailable. Some have closed or resorted to awkward arrangements.

Britcoin, which became rebranded as Intersango, started in 2011. It faced problems with U.K. bank transfers before eventually closing. An August 2012 update noted that bridging the gap between bitcoin and the conventional banking system was costly on account of technical issues, missing transfers, and accounts frozen and closed without warning.

In 2014, Bit121 had a promising start, but banks withdrew their support and the exchange closed.

In Bitcoin We Trust suffered the same fate. It resorted to using postal orders before giving up.

Coinfloor, one of the only U.K. exchanges still operating, uses SWIFT transfers, which incur hefty costs and delays. The minimum transfer is £1,000 (c.$1,250).

Banks Pour On The Pressure

CoinJournal, a bitcoin publication, saw its banking services come to an abrupt end after its U.K. banking provider Barclays terminated its business account. CoinJournal received no official warnings prior to its account closure. Even more alarmingly, Barclays still hasn’t given a reason for the extreme action.

CoinJournal believes the decision taken by Barclays to close its business account was an “automated” call, after seeing a pattern of banking transactions involving prominent bitcoin exchange and service provider Circle.

The decision was likely “a result of us using Circle to transfer fiat from ad revenue into bitcoin to pay our writers and some overheads,” a representative for the publication told CCN.

Similar scenarios have played out in Australia and New Zealand.

BitNZ, a New Zealand bitcoin exchange, has announced it is closing due to the refusal of New Zealand banks to allow bank accounts to trade bitcoins, and has advised customers to withdraw all funds before April 15, 2017.

The Australian Competition and Consumer Commission is scrutinizing attempts by Australia’s biggest banks to swallow fintech companies developing technologies like blockchain solutions in the financial sector.

P2P Services Fill The Void

Peer-to-peer services match individual buyers and sellers in the U.K. in lieu of traditional exchanges. Trust is established by reputation.

Once a buyer has paid, usually with a bank transfer the seller sends the bitcoins.

As for other nations, Russia recently relaxed its regulatory position and taken a “wait and see” approach. It has effectively legalized bitcoin and allowed for exchanges to operate.
Switzerland is a more progressive country. It is easy to buy bitcoins through a network of ATMs on the rail system.

In Japan, it is possible to pay electric bills with bitcoin.

The United States has a more complex regulatory framework. But progress is on the horizon since the New York BitLicense took effect in 2015, with other state’s following a similar approach.

Bitcoin is legal in China, although the central bank recently stopped highly leveraged trading.

U.K. Banks At Odds With Government

The banking sector is clearly at odds with the U.K. government, which is openly pro-blockchain. The situation is peculiar, with the government saying the country is open to bitcoin but the banking sector standing in the way.

Since the financial crisis, the taxpayer has become the majority shareholder in the Royal Bank of Scotland, holding at around 82% of the bank. This would normally translate into a certain amount of leverage by the taxpayer.

The U.K. also has a reputation for being a fintech hub, to which the banking sector seems to have taken exception.

For whatever reason, the banks have closed ranks and chosen not to work with bitcoin.

The fact that bitcoin is decentralised and fiat currency is centralised could be at the root of the conflict.

Also read: Blockchain platform Waves raises more than $2m at the start of the crowdsale campaign

What’s To Be Done?

Money cannot flow easily from the blockchain economy to the traditional financial sector and vice versa without banks’ cooperation. The bitcoin sector is not large enough to offer all the goods and services needed to make bitcoin a sufficiently broad means of payment.

Bitcoin’s volatility also makes it an unsuitable unit of account or store of value. While it’s a great transfer medium, its price against fiat fluctuates too much for most people.

The bitcoin economy won’t expand until bitcoin is better suited as a means of payment. But it won’t be better suited without more growth and stability.

Waves, a custom blockchain tokens platform, offers a solution – fiat-backed blockchain tokens. It raised $16 million last summer through crowdfunding. Waves can act as a gateway between the blockchain and the fiat world.

Customers pay money into the gateway using a bank transfer or another suitable means, and the gateway issues them the same sum in blockchain tokens

The same exchange occurs in reverse when customers cash out their Waves GBP and have them sent as “real” GBP to their bank account. Waves essentially serves as a toolkit.

Sasha Ivanov, CEO and founder of Waves, noted that Waves can make money more efficient. By putting fiat money on the blockchain, Waves can make it more transparent and faster, and it can reduce the cost of sending it abroad.

Ivanov thinks Waves can introduce competition and encourage banks to become more accountable. If banks in one sector in one country won’t work with Waves, it will work with those in another jurisdiction.

Waves does not immediately solve the problem of U.K. banks’ hostility to bitcoin, but it suggests the roadblocks are not insurmountable. The answer may be to work around them rather than with them.

David Ogden
Entrepreneur

 

David – http://markethive.com/david-ogden

Will $1,000 become new baseline for Bitcoin

Recently, the price of bitcoin surpassed US$1,000 for the first time since the first few days of January. It stabilized at the $1,020 margin in most global markets and exchanges. Some regions like South Korea, Japan and China demonstrated arbitrage opportunities, with bitcoin being traded at around 7~8% premium.

bitcoin being traded at around $1,100 in South Korean #bitcoin exchanges including Korbit & Coinplug. Nearly 7% premium. pic.twitter.com/NeuWFzhn9f

— Joseph Young (@iamjosephyoung) February 3, 2017

Although many factors can be analyzed to explain the recent price surge of bitcoin, the most evident factor is the decline in the value of US dollars. Previously, when both the mainstream and bitcoin media reported that the Chinese market controlled approximately 93% of the global bitcoin exchange market, analysts and investors closely looked at the development of the Chinese market and regulations. As such, events like the devaluation of the Chinese yuan or introduction of tightened policies such as the imposition of regulation on Wealth Management Products were perceived as major factors behind the increasing value of bitcoin.

However, due to the requests of the Chinese central bank, Chinese bitcoin exchanges came to a consensus to add trading fees. As a result, inflated volumes were eliminated and the Chinese bitcoin exchange market began to demonstrate legitimate trading volumes.

Upon the “clean up” of Chinese bitcoin exchanges as the People’s Bank of China (PBoC) like to describe it as, it was revealed that the USD/BTC pair is more liquid than the USD/CNY pair. In other words, major USD supporting exchanges like Bitfinex, Kraken and Bitstamp represent a larger trading volume to that of the Chinese bitcoin exchange market.

According to bitcoin trading data providers like CoinMarketCap, the BTC/USD pair is currently demonstrating a daily volume of $41 million, while the BTC/CNY pair is demonstrating roughly half of that, at around $21 million.

Therefore, it can be said that economic uncertainty, financial instability or political events in the West or the US in particular will have a larger impact on the price of bitcoin and its trend.

There is also news that Bitcoin’s price jumped by around $30 just yesterday shortly after it became clear that Bitcoin Unlimited had overtaken segwit in hashrate share.

In other news Infinity Economics opened it new wallet to some 80,000 owners, who can now send and recieve XIN to one another. The next stage to be implimented with be the voting system, which will allow owners to formulate the direction of the coin.

David Ogden

 

David – http://markethive.com/david-ogden

Bitcoin is back above $1,000

 

Bitcoin is back above $1,000

Bitcoin is is back above $1,000 for the first time since January 5. The cryptocurrency was higher by 1.5% at $1,000.10 a coin as of 11:39 a.m. ET.

It's been a wild year for bitcoin. It began 2017 with a 20% rally during the first five days of the year before crashing 35% on concerns of a crackdown on trading in China.

Thursday's gains have extended bitcoin's winning streak to a sixth straight session as trade appears to be benefitting from uncertainty surrounding Donald Trump's presidency. The cryptocurrency has gained nearly 10% since Trump was inaugurated on January 20.

I believe that is the $1,000 level can be maintained  we will see a rise again later in the year. The recent trend has been upwards but it wil peak and then fall again.

I have been earning free bitcoins at Bitearn , by completing surveys, the rewards are not great , the equivalent of less than a pound a day, which I transfer to my wallet. This adds interest to tracking the market both in Bitcoin and other Cryptocurrencies.

Today Infinity Economics Launched thier wallet to members. The next few weeks will see added functions, as it is much more than a wallet.

David Ogden

Earn Free Bitcoins Here

 

 

David – http://markethive.com/david-ogden

Bitcoin Prices Spike Above $900 But Turbulence Remains

Bitcoin Prices Spike Above $900

But Turbulence Remains

 

coindesk-bpi-chart-94

 

Bitcoin prices passed $900 today, though this feat was diminished by several rallies that ultimately failed to push its value above this benchmark. Overall, the digital currency rose to as much as $904.76, after falling below $880 earlier in the session, climbing above this level amid modest volatility.

Later in the session, the price mounted another comeback, hitting a high just above $905, according to the CoinDesk USD Bitcoin Price Index (BPI). At press time, however, the price had dipped again to a value of $894.95. This upward movement represented the latest session of relatively mild price volatility, at least compared to the sharp price fluctuations experienced earlier this month.

Most notable, however, about the day's trading, may have been the lack of any serious decline over the day's trading. Bitcoin prices enjoyed their latest climb in spite of new Chinese regulatory developments that found the nation’s exchanges responding publicly to pressures from the People's Bank of China, the country's central bank.

Bullish sentiment

Still, market sentiment has been bullish, according to figures provided by a handful of exchanges, even with the confirmation that major Chinese exchanges Huobi and OKCoin had stopped offering margin trading. The market was 91% long on 19th January, Whaleclub figures reveal. In addition, more than 53% of Bitfinex orders that were executed in the 24 hours through 22:15 UTC were buy orders, according to BFX Data.

Chuck Reynolds
Contributor

David – http://markethive.com/david-ogden

Everything You Need to Know About Bitcoin

Everything You Need to Know About Bitcoin

Many netizens have heard of bitcoin, the digital currency. This means it exists electronically. To be more precise, bitcoin is a type of cryptocurrency – the implication of security and encryption is important. Cryptocurrency, or digital currency, is an invention of the Internet. Basically, someone out there thought, "hey, what if…Read more. In this post, we attempt to identify 10 questions about Bitcoins that can give you a clearer understanding of what it is, what it does and how you can use it to buy products or services online.

What are bitcoins?

Bitcoin (capitalized) refers to the software or network (ie: the Bitcoin Network), while bitcoin (not capitalized) refers to the digital currency itself (ie: two bitcoins). he price fluctuates, depending on what people were willing to pay for it. It traded for as low as pennies (during the infancy stage) to as high as USD1200 during its peak in 2013.

Who developed the idea of bitcoins?

The idea of Bitcoin was conceptualized by Satoshi Nakamoto, an anonymous figure. In May 2008, he shared a white paper [PDF] about Bitcoin, a peer-to-peer cryptocurrency. Without disclosing who he was, Satoshi outlined how the currency would work: bitcoins would be ‘mined’ by computer software, transferred directly amongst users and recorded in an untamperable ledger without the need of a third party.

Part of Bitcoin’s appeal is Satoshi Nakamoto’s anonymity, who many view as a selfless act towards a new era of financial revolution. Online detectives have identified a few candidates, including a real-life Japanese person sharing the same name. Some even theorized that Satoshi Nakamoto is a pseudonym for a collective.

In May 2016, the Bitcoin community was shocked when Australian entrepreneur Craig Wright identified himself as Satoshi Nakamoto. Some people believe his claim, some didn’t, but on the whole the Bitcoin community is unaffected – the Bitcoin ecosystem is decentralized, and cannot be controlled by any person(s), including the creator.

What is so special about bitcoin?

Bitcoin is a peer-to-peer currency and runs on a system which allows you to send and receive bitcoins without a third party. To put simply, fiat currencies rely on third parties, such as banks or payment processors like Visa, to verify the transaction. This is how you and I can ensure payment sent was indeed received. However, bitcoin transactions are recorded in a public ledger called the bitcoin blockchain. This information are permanent and publicly viewable on Blockchain.info and cannot be edited or deleted.

This means that the transaction records act as proof of transaction. Bitcoin is also programmed to be non-duplicable, which means double spending is highly unlikely.

What is decentralized currency?

Bitcoin is also a decentralized currency, as in no one government, individual or group holds authority over it. This makes bitcoin spendable anywhere in the world as long as the receiver accepts bitcoins as payment.

Decentralised currencies are a unique concept. Similar to the internet, it is free from geographical boundaries – this is why bitcoin is also dubbed ‘the currency of the internet’.

Due to lack of control and regulations, many countries are understandably wary of bitcoin – and other cryptocurrencies in general – but some progressive countries such as Japan have started to recognize it as currency.

Is bitcoin anonymous?

Bitcoin’s anonymity is a myth. Or rather, it is now much harder to make anonymous transactions with Bitcoin. Because as the ecosystem matures, many bitcoin service providers have started implementing KYC/AML regulations. KYC/AML stands for know your customers/anti-money laundering . This requires users to submit proof of identity and proof of residence.

It is also fairly easy to trace bitcoins. Bitcoins are usually bought from bitcoin exchanges, received as payment, or donated. With transaction details publicly viewable online, it is possible to trace where the bitcoin came from.

 How do you use bitcoins?

Bitcoin can be used for spending, similar to money. Some people also keep them for investment purposes, while others prefer to use them as a method to make international money transfer.  Bitcoin exists electronically and is kept in ‘bitcoin wallets’. There are many types of bitcoin wallets: desktop wallet, mobile wallet, online/web-based wallet, hardware wallet and even paper wallet.

To read more about bitcoin storage, check out this article by CoinDesk. You can have as many wallets and bitcoin addresses (where you receive money from others) as you like.

How many people are using bitcoin?

Estimates vary – it is hard to find out the exact number of people who use Bitcoin. One way to measure number of bitcoin users is by measuring the number of bitcoin wallets. According to CoinDesk’s State of Bitcoin and Blockchain 2016 report, bitcoin wallets doubled to 12.77 million in one year, from the end of 2014 to the end of 2015. Even though many bitcoin users have more than one wallet (it is common to hold a few wallets), this is an indication that the number of bitcoin users worldwide is increasing.

Another way to estimate bitcoin usage is by the number of bitcoin transactions, which has steadily increased. Although this could mean that the same people are simply making more bitcoin transactions, it is fair to assume that there are new bitcoin users in the mix, too.

How do I acquire bitcoins?

There are three main ways to get bitcoins: mine them, buy them, or work for them.

Bitcoin Mining
Bitcoin mining used to be really profitable. However at the current time it is no longer cost effective for the average individual. One will need to buy specialised Bitcoin mining equipment, get/rent dedicated spaces for them, and pay their associated costs (rental, electricity and cooling costs).
Buy Bitcoins
You can buy bitcoins from many online exchanges. There are a lot more options now than ever before – there are global bitcoin exchanges and also country-specific bitcoin exchanges. You can also buy them from other people via Localbitcoins.
Work for Bitcoins
Some people get paid in bitcoins, instead of cash currencies. Websites such as XBTFreelancer… and Coinality list jobs with bitcoin payments.There are other less effective ways to acquire bitcoins. You can get (very) small amounts of bitcoins from bitcoin faucets, which pay you to look at advertisements. You can get them as donations. There are also bitcoin ‘investments’ but if you wish to not lose money, Badbavoid companies that are listed in itcoin Badlist.

How do I send/receive/spend bitcoins?

Bitcoin wallets come with bitcoin addresses, which represent a destination, similar to an email address. Bitcoin addresses are alphanumeric, between 27-34 characters in length. Many bitcoin service providers have user-friendly user interface which allows users to generate bitcoin addresses, send and receive bitcoins.

To send bitcoins, users simply have to ensure positive balance in their bitcoin wallets, insert the receiver’s bitcoin address, and hit send. There is a small miner’s fee to process the transaction – miner’s fees are given as a reward and incentive to Bitcoin miners for maintaining equipment. Bitcoin transactions usually take less than an hour to arrive, but it can take longer or shorter depending on the fee amount and the bitcoin service provider.

You can spend bitcoins anywhere that accept bitcoins as payment. You can also use a Visa/Mastercard-linked bitcoin debit card issued by companies like Wirex or Coinbase.

What are bitcoin’s disadvantages?

Depending on who you ask, you’ll get different answers. Coders and programmers might argue that bitcoin is already an outdated network, compared to some of the newer cryptocurrency networks available. Here we will concentrate on bitcoin’s disadvantages to the casual user:

Advanced digital knowledge is necessary

Bitcoin can be stolen in many ways. It is the bitcoin owner’s responsibility to keep them safe, and this meant implementing additional layers of security such as 2-factor authentication. Keeping them in web wallets can be dangerous. If you have a significant amount of bitcoins, you are advised to keep them in hardware wallets such as Trezor or Ledger.

Bitcoin service providers can be hard to trust

The biggest names have failed the Bitcoin community. Who can forget the Mt. Gox incident in 2014. It was the biggest bitcoin exchanger at the time and practically disappeared overnight along with almost 745,000 bitcoins. More recently in 2016, thieves stole almost 120,000 bitcoins during the Bitfinex hack – and experts still don’t know how they did it.

Lack of acceptance

Cold hard cash is still the widest and most used form of payment – it’s acceptance is second to none. By contrast, bitcoin is only accepted at a handful of shops. However, bitcoin debit cards help to address this issue – linked to payment processors, they help make bitcoin spending a bit easier.

Lack of protection

In general, bitcoin is not considered legal in most countries around the world. Therefore, theft or scam victims have almost no option for recourse. However, the legal landscape is ever-changing and one of the best spots to update yourself on where bitcoin is acceptable or not is Bitlegal.io.

Anti-bitcoin politicians

While many countries around the world mainly cautioned the public against the risky nature of Bitcoin, some politicians or political parties have extreme views about bitcoin. Russian and French lawmakers are considering banning it altogether.

Wrap Up

Bitcoin is cool, but the underlying technology behind it – the blockchain – is even cooler. Turns out, having a method to record data in a way that cannot be tampered or deleted is a good thing. It is also a cost-effective method to store information. Many companies including major banks have expressed interest in the blockchain technology.

David Ogden
Entrepreneur

David – http://markethive.com/david-ogden

What do Batman, Iron Man and You have in common

I’m a huge Marvel and DC Comics fan.

Batman, Superman, Iron Man, The Hulk… even The Green Lantern.

I love them all!

Their stories inspire me.

Ever notice how sometimes the hero loses his powers due to a well
played villain move?

Do they give up?

Hell no.

They still get the job done, don’t they?

They find a way.

Usually by overcoming a life-long fear or limitation and working

up the courage to do something they’ve been resisting since the

beginning of the story.

Like I said… inspiring!

What does this mean to you?

Challenges are designed to make you stronger, if you’re willing
to fight for what you believe in.

Obviously, getting what you want doesn’t have to be a life or
death scenario.

It could be much easier and much faster journey.

It could even be mega fun!

http://livelifewithmeaning.com/marvel

David – http://markethive.com/david-ogden

Do you know your own value?

Do you know your own value?

Do you REALLY know how special you are?

You are truly very special and whether you know it or not
I'm going to make sure you do by the time you finish reading
this blog post.

You see . . .

If you're reading this email you're NOT an ordinary person
and I hold you in the highest regard because of this.

Let me explain . . .

In daily life, whether you are now living the life of your
choosing or not, you hold something inside of you that the
others don't. And you will always be more successful and live
a more full and joy filled life than they ever will because
of it.

You choose to dream.

You choose to hope for more out of life.

You close your eyes and you see something better than the
current situation and you KNOW it's possible and you reach
for it.

Why are you reading this email?

You are a network marketer and you dream of success and you
dream of prosperity and you want to learn how to attain it.

You're here because you're playing offense.

You saw a problem and you actively sought out a solution.

You didn't wait for someone to spoon feed you the solution
or go and solve it for you. Rather, you proactively sought
out the solution yourself.

Do you know how special this makes you?

Most people wait to be told what to do so they don't have to
think for themselves.

You didn't! You independently sought a solution to creating
wealth and prosperity through network marketing because you
dream for more out of life.

(If you are aware of the Stephen R. Covey's "7 Habits of
Highly Successful People" this is Habit #1 and the
cornerstone of ALL success.)

You're NOT greedy.

You don't dream of these things because you think they will
make you a better person or because you must have the
material wealth that they bring.

In fact, the exact opposite is true.

You WILL attain prosperity and all that comes with it
because you have the courage to have a dream AND you take
action on it.

You dream despite what they say.

THEY tell you you're crazy.

THEY tell you it's not possible.

THEY tell you you're just wasting your time.

THEY tell you that you're just going to end up broke.

And then . . .

They watch to see what happens.

So that if you hit a hurdle THEY can say "I told you that
would happen."

THEY offer no help.

But you know why . . .

You know they say these things because they're too scared to
dream themselves.

They live life passively.

They play the game of life on defense.

They get a job and wait for someone to give them a raise.

You play the game of life on offense.

You go and find a way to create your own raise.

You want to help the world by creating and spreading value
to and for others.

They want the world to create value for them so that someone
will give them a deal.

Do you now see the difference between you and them?

I do.

Here's what's funny to me.

Why do the same people that tell you that you can't achieve
something in life quickly forget all of their critical
remarks and shower you with praise when you do achieve
your dreams and then ask if you could teach them how to
do what you did?

Funny how things work out right?

All I want to let you know is that you are here because you
are a dreamer.

Your dream gives you power.

Your dream makes you a leader.

Your dream gives you freedom.

Your dream insures your success.

Lead and they will follow.

You are my inspiration. You are my fuel. You give me
courage.

And . . . I thank you for it.

Success is yours!
Take it!

Bryan
(231) 487-2032

bryanhead          

 

 

 

 

 

P.S. People like you, all around the world, are Breaking Free 
of their jobs with this easy to follow system.

David – http://markethive.com/david-ogden

New Year New Opportunities and Resolutions

 New Year New Opportunities and Resolutions

Two years ago I started writing down my New Year resolution. Which helped me keep track of my plans and the direction of my life. This year year marks a period of consolidation and times to consider what we will do when Jay completes his secondary education.

There are some uncertain times ahead due to Brexit. Will Jasmin and Jay be granted permanent UK residency early than the original five years under EU rules. Will it still be possible to retire to other EU countries on favorable terms. We are both working so that we can save for the future, however the weather is still a challenge and I miss warmer climes.

Jasmin and Jay will visit their family in the Philippines this summer who they have not seen for some five years apart from via Skype. We still have a house to sell in the Philippines and it would be great if this could be concluded this summer to release capital.

Hopefully I will pass my retraining tests which will confirm my position at Go Ape as an Instructor for the 2017 season. This helps keep me fit and active. I also hope to have further sailing opportunities with the Jubilee Trust and Old Pangbournian Yacht Club such as the Round the Island Race on 1st July and The Arrow Trophy in the Autumn.

Turning to my various business interests, it would seem to be time to leave Valentus an MLM who promised to be different but then shut down their European warehouse with out notice and also started to enforce rules regarding minimum sales prices. The fact that prices are in USD and deliveries come from the USA results in too low profit margins, and to be honest the products are overpriced .

At the end of 2016 I took up an interest in Cryptocurrency which would seem to offer a number of business opportunities, especially when one considers the likes of Bitcoin have grown in value faster than any traditional currency are increasing being considered as perhaps becoming the new gold standard and replacing the USD. At the moment you can certainly see in the both the short and longer term that cryptocurrencies can offer a better rate of return compared with savings rates from banks and even investment from stocks and shares.

MarketHive continues on its long journey to re-program its software, but has yet to be launched and its lack of funding is delaying it completion, however as we enter the new year it would seem that funding will no longer be a problem and the likes of Facebook and Linked in will have a new business based rival.

For the first time in many years I am not sure of direction, there is a possibility that I could double my net worth, the only thing that is sure is we will remain in the UK for the next two years which coincidentally is the expected time to complete Brexit.

David Ogden
Entrepreneur

David – http://markethive.com/david-ogden

As Bitcoin Price Surges, Phishing Attacks on Cryptocurrency Wallets Intensify

As Bitcoin Price Surges,
Phishing Attacks on Cryptocurrency Wallets Intensify

Today's Bitcoin to US Dollar exchange rate has reached $902, the first time Bitcoin price has gone above the $900 mark since January 2014, almost three years ago. Nobody knows what's driving this sudden surge of Bitcoin popularity, but cyber-criminals won't bother looking into macroeconomic factors when deciding that the market is ripe and ready for the taking again.

Bitcoin price surge reverberates through cybercriminal landscape

Over the past couple of months, as the Bitcoin price was slowly coming out of the $200-$400 price range where it spent almost two years, cyber-criminals took notice.

The first to do so were ransomware authors, who had to cut down the ransom demands they asked from victims. They had to do this because a ransom of 2 Bitcoin that once meant $400, all of sudden became $1,200, or more, a sum that very few users could afford to pay.

But ransomware victims are occasional Bitcoin users. A more lucrative operation is the phishing market sector, where crooks have yet again turned their full attention to Bitcoin wallet services.

The culprits behind these phishing pages targeting Bitcoin users are your regular career phishers. The Cisco OpenDNS team has tracked the operators of some of these Bitcoin phishing sites to numerous other phishing domains, used for collecting credentials for other services, such as Google, Dropbox, Apple, Amazon, and others.

What Any Cryptocurrency Needs to Achieve Mass Adoption

    5 Things Any Cryptocurrency Needs to Achieve Mass Adoption

Bitcoin, the giant in the world of cryptocurrency, continues to defy all expectations of an early demise and rises higher and higher in value and use. Its adoption as everyday money, however, remains negligent among the common people, almost eight years after the digital currency first emerged.

While the title of “ the first cryptocurrency” is no longer up for grabs, the title of “digital cash” still remains unclaimed, ready to be seized by another up-and-coming digital money. In order to become the common medium of exchange for large swaths of the world, a cryptocurrency first needs to fulfill a few crucial requirements.

Easy and inexpensive transactions

Forget about cryptocurrency for a second. Right now, regular people use either cash or card for day-to-day transactions.

Cash has no transaction costs but requires you to be physically present and have adequate change, and card transactions are relatively instant, though final confirmations often happen the next day, although fees are relatively high it is enough to disincentivize very small transactions. Any cryptocurrency wanting to make inroads with the common people has to beat this by having faster and cheaper transactions.

Bitcoin already offers this advantage, though the margin by which it does is growing slimmer by the day, and even now it may not be enough to entice the public to abandon traditional financial means. Any cash or card replacement has to be better by a large enough margin to warrant a change.

The same goes for fees. Cash has no fees. Other money transfer tools, like cards and bank accounts, are able to charge a fee because they are able to function across great distances with greater efficiency. Cryptocurrency has those same advantages over cash, and as such can be expected to have an associated transaction fee. However, that fee must be significantly lower in order to entice your average consumer away from banking systems. Large companies can afford to make major payment changes in order to save a few cents per transaction because of scale, but regular people cannot.

Improvements to Bitcoin’s basic model

Bitcoin retains an enormous lead in adoption ahead of other cryptocurrencies. Compared to traditional financial systems, Bitcoin provides enough benefits and improvements to warrant a switch. If a currency wants to beat Bitcoin as the new money, it has to be objectively better. Faster or more inexpensive transactions, more anonymity, a better governance structure, and other features are needed to set another coin apart to justify its use and adoption. If a cryptocurrency does similar things as Bitcoin in the exact same way, its chances of taking over as the digital money of the future will be extremely slim.

A streamlined Bitcoin substitution mechanism

Right now, Bitcoin maintains a massive lead in adoption over every other cryptocurrency. That lead was earned on the promise and hype, not of Bitcoin alone, but of cryptocurrency and of the Blockchain technology itself.

Attempting to best the great front-runner of digital currency from scratch, and without a truly staggering level of difference between the two, simply won’t happen. The only way to compete with Bitcoin, as previously mentioned, is to provide at least as much utility, and a large chunk of Bitcoin’s utility is its adoption lead. What another cryptocurrency needs, then, is an easy and efficient way to be used in Bitcoin’s place such as an automatic exchange built into the wallet.

An easy fiat currency conversion system

Like it or not, the world still currently runs on government-issued fiat currency. Living entirely off of cryptocurrency, without any method of conversion into fiat, it is extremely difficult at the present time, and not a viable option for most people. The average person will need an easy way to buy and offload a cryptocurrency for it to be a practical option for them. Most cryptocurrencies are only easily accessible through first acquiring Bitcoin. In order to become dominant and widely accessible, that crippling reliance on Bitcoin needs to end.

An aggressive adoption campaign targeted at the common people

Finally, in order to entice the world at large, the digital currency needs to presented in a way that resonates with most people. While some technical users will care about hash rates, cryptographic keys, smart contracts, and ring signatures, the common folk will not. They need to be reached with the language of cheaper fees, faster access to funds, more security, less paperwork, etc. The only way anyone will know why cryptocurrency makes sense for them is for someone to tell them why. In order to achieve that, a successful marketing campaign is needed.

The cryptocurrency world, while new, is wildly diverse. However, in terms of a tool for everyday use in financial transactions, Bitcoin has almost exclusive reign. In order to dethrone the king of digital cash, any competitor has to bring their A-game.

David Ogden
Contributor

 

David – http://markethive.com/david-ogden