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News About Bitcoin Cash

Bitcoin Cash Network Update and its After Effects


So finally, the split has taken shape, wherein as it was predicted there would be a split between Bitcoin ABC as well as Bitcoin Unlimited. There were some predictions to connect Bitcoin Cash Network Update and some of them have securely found their place in a ‘hard fork’.
Moreover, BCH Network Update was began on the 15th of November! The time this update began, Bitcoin ABC and Bitcoin Unlimited were leading Bitcoin SV. As per sources, these calculations were made based on hash rate beside number of nodes.

Rules of Bitcoin Cash Network Update
Rules are part and parcel of life; hence, it would not be wrong to say that this update brought about a shift in aspects wherein Cryptocurrency Exchanges have started to suspend BCH Trading including Withdrawals.

Know This
What is Bitcoin ABC?
Protocol Update News sent about differences flying in the air and hence there is a disparity clearly seen as already two camps have been set up. One of these camps is for implementation of Bitcoin Cash Network in Bitcoin ABC while the other is Bitcoin SV or Satoshi’s Vision.
For now, though, our focus shall be on Bitcoin ABC and what does it stand for?
Well, for the beginners, ABC in Bitcoin ABC is essentially an abbreviated form of ‘Adjustable Blocksize Cap’. According to the supporters of this structure, ABC does not require major modifications as it is complete in itself. At the max, there may be ‘removal of software bottlenecks’ apart from ‘change block size limit’ ability given to ‘node operators’.
When these changes are made then there would not be further requirements making the platform run smoothly without any sort of fluctuations. It is also to be noted that Roger Ver, a Crypto Evangelist supports Bitcoin ABC!

Bitcoin SV is also Not Far Behind
Yes, it is correct, Bitcoin SV, another camp that roots for implementation of Bitcoin Cash Network Update has some of the bright minds on the block. One may also be surprised to know that Bitcoin SV is led by none other than Craig Wright, who also claims to be Bitcoin Inventor (who went earlier by Satoshi Nakamoto!).
Change is the order of the day and so does Wright and rest of SV camp thinks because they are confident enough to say: a few rectifications here and there shall make the whole process great! They have hence put forth the idea of changing BCH Structure available at present. Plans are also under way to ensure that Block Size increases from 32 MB to 128 MB; would not that be great?
Bitcoin SV camp has made a decision to overwrite ‘Network Scripts of crypto Bitcoin ABC’ as well. With such and many other similar changes, there is certainly going to be a ‘clash of titans’ kind of a competition.

This shall certainly impact Crypto Market in the longer run (could be); another reason for such a statement is the fact that utilization of ‘hard fork’ resulted in the split of Bitcoin Cash thus, it would as a matter of fact be having its effects on the network!
What do you think about this?
Post your comments and let us hear it out.
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ICO Alert | VANM ICO Details and Timeline

Main Links

Social Media Links

ICO Details

Project Name: VANM

Project Slogan/Tagline: Viral Advertising Network Mining

Token/Coin Ticker: VANM

ICO Starting Date: January 1st 2019

ICO Ending Date: May 1st 2019

ICO Duration: Ends In 36 Days

Blockchain/Platform: Ethereum

Team Members

Founder: Ilia Sakowski

Co founder: Daniel Reuter

Co founder: Florian Heler

Senior Graphic Designer: Christian Grafentein

Digital Media Designer: Jenny Harth

Advisors

Business Development & Marketing: Pavel Gurov

Rating from Other Famous ICO Rating Sites

ICOBench: 
4.3

ICOHolder: 
3.9

When Bitcoin Will Rise Again?

Are there any hopes left for Bitcoins to rise?

Bitcoins and Cryptocurrency in particular has seen a lot of modifications in the last few months and hence it became next to impossible to judge as to what shall be the scenario of Bitcoins besides Cryptocurrencies in future.
Some have gone on to predict that Bitcoins as well as Cryptocurrency Market is going to be stable while there are others who are not so sure about it. It is better that we look at what some of the experts from Market Analysis Team has to say.
Bitcoin Price Predictions
According to Tom Lee and Robert Sluymer from Fundstrat, (a) Market Analysis Firm believe that there is certainly going to be a change in this aspect. Lee supports his claim along with strong reasons as he says that space would provide ‘lucrative’ business opportunities. When there is a scenario like this then who would say a no to anything?
Most importantly banks might wish to make use of this space to their best of capabilities (could be). And with time Cryptocurrencies would be monitored on regular basis; they shall also have a Regulatory Climate giving them space to grow in a great manner.

Mining Cost
Another of the reasons that made Lee make his statement is the fact that there is indeed cost of mining Bitcoins attached. He went on to state: Bitcoin has over the past held on to the cost of mining so it is obvious that there has to be some sort of back up to ensure that cost of mining is met.

Recovery Process
As per Robert Sluymer, it was about time that there is a change in the way cryptos look. Latest news related to Bitcoins has seen that there can never be a lull for longer durations. Sluymer, however has something else to add to his views on Bitcoins.
He says that if Bitcoin has to stay in this business then it is necessary for it to hold on to $7350 and $7000 respectively. Only when this level is maintained that Bitcoins may for the most part not see any dropping down.

Predictions of Bitcoins in near future
Even John McAfee, Founder of McAfee Antivirus Software seems to have a positive outlook when he predicted that Bitcoin is indeed going to hit $1 million! It may also be noted that McAfee had predicted the previous year about Bitcoin hitting $7000 and indeed it has exceeded this prediction.
On the other hand, Kristjan Dekleva, a Swiss based Financial Expert has something else to add to all the speculation surrounding Bitcoins. Dekleva says that there shall be another 10 years or so before things started falling in place (in other words there may be stability).
With such and many other predictions, it is better we list out as to what to expect from the fluctuating market out there: firstly, there may be price fluctuations (which tend to be normal), secondly Bitcoin has set itself in a manner that it turns out to be a standard for most of the crypto or rather virtual currencies; third, fixed supply of Bitcoins will be affecting its price mostly in future.

Cryptos have for the most part termed to be risky, yes, hence, it is best to invest only the amount which you can lose rather than investing complete savings of yours. The same goes for the rest of the investments.
Wait, understand, observe and think before you step in to this world of cryptos is the order of the day.
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What Issues Are Faced By The ICOs?

A Possibility that ICOs could be Limited: states Compliance Trilemma Study

Initial Coin Offering which is abbreviated as ICO will never be out of action! Well, Bitcoin has brought fire to the news reports and now latest to feed news with something to show as proof is ICO aka the Initial Coin Offerings. Read on to know what this study reveals.

Compliance Trilemma being Faced by Initial Coin Offering
Over a time period of 6 months, a team ran investigations over ICO Space. This team had been funded by not only the Government of Canada but also by the University of British Columbia.
North America along with a few other countries came under the radar for this research and this study found out that most of the people (or at least the ones who were interviewed for this study) felt: ICO issuers have been facing a kind of ‘trilemma’!

What is Compliance?
Before we go ahead with a detailed report of trilemma, let us understand basics of compliance: that turns out to be: Regulations in Home Jurisdiction of not only the Investor but also the Issuer.

Compliance Trilemma
Trilemma, occurs when two out of the three objectives could be only addressed at a particular point of time. These are none other than ‘to reach distributed pool of the investors’ with other one being ‘have a complaint offering’. One more interesting fact is: these have to be in a cost-effective mode only.
An individual should understand a simple fact here which is: ‘broadly distributed pool of investors’ is the most benefited lot from ICO; it is according to the funding mechanism. The more investor pool becomes distributed the better, as cost of complying with that of ‘financial regulators’ grows.
In case this does not happen then risk of non-compliance rises resulting in nothing else but trilemma: wherein you either compromise on all three goals or stay happy with two of them.

Approaches available to ICO Issuers
There are three kinds of approaches that ICO issuers can make use of, below you find detailed list of these approaches:
Approach 1: Maverick ICO
As per this option, one can ignore compliance to maximize ICO reach besides cost effectiveness. There is huge risk involved here due to regulatory enforcement.
Approach 2: Hybrid ICO
There is another approach that results in compromise(s) on 3 dimensions; happens when issuing in select markets. Due to such a scenario, there would be compliance plus investor scope besides bounded cost effectiveness.
Approach 3: Private ICO
Third approach solely speaks about accredited as well as institutional investors. This happens only after there is a sacrifice in distribution. There is a plus point here because cost effectiveness is not to be affected but in ‘secondary market trading control’ there can be challenges.
Approach 4: No ICO
Individuals who opted for this approach felt better at all ends as they chose regulatory authority over approaches.

45 interviewees gave in their views on compliance trilemma and most of them thought clarifications on regulations would be helpful.
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Bitcoin Crypto Basket ETP Trading at SIX Swiss Exchange


Bitcoin Crypto Basket ETP Has $400,000 in First Week’s Trading at SIX Swiss Exchange
Amun had recently launched Bitcoin ETP or the Bitcoin Exchange Traded Product on SIX Swiss Exchange, which is based in Zurich, Switzerland. For your information, SIX Swiss Exchange is one of the leading Swiss Stock Exchange for Trading of not only shares but also bonds, investment funds and exchange traded funds apart from similar other stuff.

$400,000 Collected from Trading Bitcoin ETP
Of course, in a week’s time from the minute Bitcoin ETP began its trade on SIX Swiss Exchange, it has amassed about $400,000 in trading. All this could happen post launch of it by Amun. It comes as a surprise because the collection as per reports has crossed even the turnover that usually comes from gold, oil or silver!
But one cannot be assured of the fact that this turnover would remain the same or no in the longer run. This Exchange Traded Product available at Swiss Exchange has Bitcoin, Ethereum, Ripple and Litecoin. Bitcoin Cash could not make it there due to Bitcoin’s hard fork that affected almost whole of cryptocurrency world out there making investors go berserk to a certain extent regarding what would be the next step.

Other Aspects to be Known about ETP or Exchange Traded Product
It was Amun AG’s idea to bring Exchange Traded Product aka ETP in to focus however, this is not the only aspect that has seen the daylight as there are other things as well which will be going to be a part of the whole set up soon.
One of them being ‘blockchain technology’; as Amun plans to have blockchain technique fit in with the backend processes. In addition to this, Swiss Exchange Traded Product is different from that of ETF seen in cryptocurrency. (Remember ETF in cryptocurrency is nothing but Exchange Traded Funds).

What is Swiss ETP?
ETP, like earlier stated is short form for Exchange Traded Product, it does not depend on futures.
In Hany Rashwan, CEO and Co-Founder of Amun AG words: “Whenever any investor is going to purchase it then corresponding amount of actual crypto assets is purchased besides being stored with qualified custodian.”

World’s First Multi Crypto Based ETP at Swiss Exchange!
Yes, it is going to be first of its kind in the world to have ETP/ Exchange Traded Product on SIX Swiss Exchange, again principal Stock Exchange in Switzerland! Interestingly this ETP is nothing short of a multi-crypto ETP at the global level and shall be listed under the Index HODL.

As reported earlier, there were five of the major cryptocurrencies listed here, namely: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) [already removed post hard fork], Litecoin (LTC) and Ripple (XRP).
And within a short span of time, ‘Bitcoin Crypto Basket ETP’ has already seen a surge of $400,000 in trading! When such a figure is indicated in the first week itself then it is to see what would happen in near future especially when Bitcoin ETP is in question.
A wait and watch policy, may be?!?