Author: danish javed

Bitcoin loses another 15% in value

January 13, 2015
Bitcoin loses another 15% in value during the first one hour of Asian trading session. Although, a little slow in catching up, leading US Dollar denominated exchanges BitStamp and BitFinex followed its CNY counterparts in a high volume driven selling. This move further reinforces the position of China as the market leader in Bitcoin. While there may be early signs of capitulation, this is what it must feels like to …
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BTC-e – Terrorist or Freedom Fighter?

January 12, 2015
BTC-E – Terrorist or Freedom Fighter? A recent tragedy has befallen on the Bitcoin world. There’s chaos and grief all over Bitcoin forums in this post-Bitstamp downfall era. Although the implications of this event may not be as disastrous as the fall of Mt. Gox, but it has certainly caused the trust to be plummeted on centralized Bitcoin exchanges – now more than ever. In contrast, there’s only one exchange …
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Bitcoin is Leading The Disruption of Financial Services Industry

January 12, 2015
According to a new research report titled ‘Horizon Scan: ICT and the Future of Financial Services‘, the potential for industrial disruption within the financial services industry is increasing as new entrants use digital technologies to enter adjacent markets through payment schemes. As a result, it explores the implications and provides an in-depth understanding of the emerging ‘Networked Society.’ The rise in popularity of cryptocurrencies is an indication of the early stages of the …
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Streamium – A Decentralized Pay-As-You-Go Streaming Service

January 11, 2015
The massive distributed network of Bitcoin as a platform has great potential to facilitate online micropayments in the future of digital world. The decentralized payment network of Bitcoin allows instant transfer of value without an involvement of a third party taking fees in between. It’s only logical to extend the inexpensive financial protocol into providing alternative solutions for online monetizing strategies.In the future, where new business models will erupt to …
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