SOLUSI TERBAIK CARA TERBAIK BERINVESTASI DI BITCOIN

aman dengan perediksi yang baik (posisi stabil) untuk investasi. beli posisi turun dan jual posisi naik dan yang terpenting bukannya BO penipuan yang mengatas namakan memberi PH lalu menerima GH (capek begitu sudah banyak pengurusnya kabur dan hanya bertahan 2 bulan paling lama 6 bulan) BI TCOIN perusahaan yang jelas dan terus berkembang coba lihat sendiri disini :
https://vip.bitcoin.co.id/ref/dedyap

MY GRUP,
DEDY APRIANSYAH KESUMA

ATAU KLIK LANGSUNG SAJA
DI SINI

HashRabbit Raises $500k for its Bitcoin Mining Software Solution

HashRabbit, a startup that supplies enterprise-focused software to facilitate the management and security of bitcoin miners, has raised $500,000.
The funding comes from Tim Draper’s Draper Associates along with VegasTechFund, an investment firm run by Zappos founder Tony Hsieh. Alongside the funding announcement, HashRabbit is making its software suite available to all bitcoin miners.
The company also has announced a partnership with mining hardware manufacturer Spondoolies-Tech, whose gear is compatible with HashRabbit's management software.
Chris Shepherd, co-founder and CEO of HashRabbit, told CoinDesk:

“We make software for bitcoin miners. What that means is we are essentially the firmware that actually runs on the bitcoin miner itself.”

Benefits of experience 

Shepherd explained the idea for HashRabbit came from running his own mining rig in a Las Vegas garage during the winter of 2013. During this time, Shepherd kept having problems keeping his mining equipment operational, which resulted in lost revenue opportunities.
Shepherd said:

“Every minute, every second this thing is not hashing, not getting credit, you’re losing money.”

To figure out how to better manage his mining rig, Shepherd recruited his roommate, Gabe Evans, a developer and sometimes white-hat hacker.
Evans realized the code that was being run on most mining gear at that time was not terribly good. Eventually, he became the technical co-founder of HashRabbit.
A product user experience designer, Melissa Volkmann, who advocates for consensus on the bitcoin symbol, currently rounds out the team.
With an early product prototype of its mining management software, HashRabbit became part of 'Tribe 4' at Boost VC, the bitcoin startup accelerator.

Fixing security flaws

During its time at Boost's San Mateo, California, incubator, the company discovered that security was a huge issue in the bitcoin mining market. The team found several flaws that existed in many bitcoin miners on the market that critically needed to be fixed.
However, they also discovered there was no easy way to patch a miner, even when a solution to a flaw was found. That's when HashRabbit realized its existing management software would be able to help send updates when a security patch was required.
Shepherd said:

“We realized that firmware is the problem, and we needed to make a better system that allows for updates when zero days come out.”

By working directly with hardware manufacturers on security issues, HashRabbit has gained credibility with companies such as Israel-based mining manufacturer Spondoolies-Tech.
“[Spondoolies-Tech] is focused on hardware, and we can focus on the software and make sure it is consistently secure, fast and easily updated,” Shepherd noted.

HashRabbit software can send smart alerts to the user's phone

Shepherd indicated that HashRabbit is also working with other hardware manufacturers, but could not provide details at this stage.

The enterprise mining era

The dawn of ASICs (application-specific integrated circuits) in 2013 ushered in a new marketplace for consumers to purchase bitcoin miners. However, the industry has increasingly shifted from small home-based set-ups to serious enterprise operations based in the datacenter.
This is beneficial for HashRabbit, as many of these mining operations are labor-intensive – something the startup has a solution for with its product.
Shepherd added:

“There are a lot of mining operations right now that have a lot of manpower, using a lot of people. For example, when a mining rig goes down or overheats, they have someone go and manually fix it.”

With HashRabbit’s software, not only can miners expedite the process of making sure firmware is updated, it can also enable operators to power cycle and control each unit from one source.
Going forward, the company hinted it may expand its product to enable more advanced cloud mining capabilities.
Images via HashRabbit

NEW'S MAKERES

In what can only be described as a bombshell report, the New York Observer has published a near 15,000-word story that takes a detailed look at the allegedly sordid history of decentralized payment network startups Ripple Labs and Stellar, and the impact of this relationship on events in the wider bitcoin ecosystem.
“The interpersonal story of Stellar and Ripple Labs is emblematic of the turmoil roiling the entire industry,” the article, penned by Michael Craig, reads. “It has everything: sex, huge money, fraud, genius, betrayal, international intrigue and government raids.”
Of particular note are the stories main participants Jed McCaleb, the founder of now-defunct bitcoin exchange Mt Gox, Ripple Labs and Stellar, and Stellar executive director Joyce Kim who bear the brunt of the article's barbs.
The Observer reports that McCaleb and Kim have long had a personal relationship that complicated McCaleb’s relationship with other senior executives and board members at Ripple Labs, and ultimately lead McCaleb to leave that company and found competitor Stellar.
Also included in the report are allegations that hit home far beyond the companies themselves, as it suggests the feud at the two companies has had implications for mobile payments startup Stripe and banking giant Wells Fargo, among others.

Wells Fargo bitcoin unit collapses

Of all the details included in the report, however, none perhaps has greater relevance than the revelation that US banking giant Wells Fargo had assembled a task force compromising 20 of its “top executives and advisors” that was aimed at finding ways it could become the first bank to embrace cryptocurrency.
The report argues that due to a combination of the Mt Gox collapse, the closure of Silk Road and McCaleb’s personal track record, the unit was disbanded in 2014.
“Predictably, Wells got cold feet,” Craig writes. “At the bank, the crypto blackout was so severe that it extended not only to shutting the accounts that cleared funds for crypto companies, but even those companies’ operating accounts … were shut down.”
This includes the account held by Ripple Labs, whose CEO Chris Larsen, the paper said, had a more than 20-year relationship with the bank prior to the decision.
“The problem is your connection to Mr McCaleb,” Larsen was told, according to the report. “The guy founded Mt Gox. You’ve got to get that guy out of there or we won’t bank you.”
At the time, McCaleb was no longer with the company, but the report suggests even his association as a board member was “enough to make Wells Fargo skittish” and move ahead with the dismantling of its nascent cryptocurrency initiative.

Turbulent times at Ripple

Speaking to the Observer, Kraken CEO and Ripple Labs investor Jesse Powell indicated that he first introduced McCaleb and Kim, and that before long, Ripple had purchased Kim’s company SimpleHoney and brought her into the team.
The Observer described her tenure as one that was not only rocky, but saw her attempting to play up her importance and that of McCaleb. Eventually, the report argues that Larsen needed to intervene.
“Chris sat her down and was like, ‘Joyce you’re a CEO. It’s going to be hard fitting in. You’re obviously reporting to me. Two cultures coming together is always a hard thing. Let’s talk about everything before we do it just to make sure everything is good.’ And Joyce just of course wouldn’t hear of it,” an insider said.
Kim is alleged as having a “Yoko Ono” role at the company, according to those who spoke to the report.
“This is Jed’s thing, when you’re in a private conversation with him all of a sudden Joyce is CC’d on this private conversation, even when the conversation includes the person saying, ‘I don’t want you to share this with Joyce.’ So not only does he disregard that request but he’s letting you know she knows you don’t like her,” another source said.
Kim’s tenure lasted only six weeks. McCaleb, the report contends, soon “lost interest” in the project.

Stripe deal squashed

The end result of the ensuing turmoil is that a deal that would have seen Ripple Labs be purchased by Stripe for $13m in cash never came to pass. the Observer indicated it was unable to uncover an exact reason for the deal’s demise.
Yet, another sticking point however, was that most of the leadership team at Ripple Labs held significant holdings of XRP. McCaleb and Larsen, for example, both owned 9bn XRP, a factor that discouraged many in the wider bitcoin market from trusting the company.
At the time, Powell also sought to intervene to fix what he described as the company’s ongoing PR problem.
All of the problems came together, the report said, in a meeting in which McCaleb attempted to have Larsen removed from the company for reasons not disclosed.
Larsen kept his role, however, by a 5-1 vote, with McCaleb providing the dissenting voice.
“Every single person begged Jed not to make us choose between him and Chris,” said Roger Ver, a VC investor in Ripple Labs. “In the end, the vote was unanimous that Chris should stay. The only person who disagreed was Jed.”

Attacks on Stellar

McCaleb would go on to found Stellar, taking a $3m investment from Stripe, though the article questions the nature of the relationship between the companies.
For example, Stellar’s former head of community told the publication that the two companies are quite close, with everything Stellar does having to go through Stripe.
Still, Stripe’s relationship with Wells Fargo, the report suggested, has put limits on how close the two companies can publicly appear.
The report quoted those close to co-founder Patrick Collison as describing him as privately dismissive of banks, while highlighting the reliance the San Francisco-based payments company has on institutions like Wells Fargo.
The article went on to question Stripe’s designation as a non-profit, arguing that tax experts believe this claim won’t hold up under regulatory scrutiny.
“Once the IRS pieces together how Stellar benefits McCaleb, Patrick Collison and any other insiders receiving STRs or fattening up in the initial distribution, it will likely find the venture inconsistent with the charitable purpose of the 501(c)(3) exemption,” the report reads.

Article’s accuracy questioned

Following the publication of the article, CoinDesk reached out to the parties involved for their take on the report and its implications.
Perhaps unsurprisingly, McCaleb moved to denounce the article as one that failed to capture the facts of the story.
"Given the vast amount of inaccuracies and innuendo in the article, it is not worth commenting on. The bias in the article is so obvious no one can take it seriously,” he said.
CoinDesk reached out to Kim and Ripple Labs for comment, but has not received an immediate response.
Newspaper image via Shutterstock

New EU Legislation on VAT Could Be Bad News for Bitcoin

Aaron van Wirdum (@AaronvanW) | Published on February 4, 2015 at 16:07 GMT

Feature

Although it seems to have largely gone unnoticed, the European Union introduced new Value Added Tax (VAT) laws on 1st January this year.

As a consequence of this legislation, companies selling electronic goods or services to customers within the EU are now legally required to record the country of residence of their customers, which – according to some – spells bad news for bitcoin.

The new legislation was put in place to make sure that VAT is actually paid in countries where the products in question are consumed, as is the purpose of these kinds of taxes.

More specifically, the new VAT laws are supposed to prevent a certain form of tax evasion, where – mostly – large corporations open up an office in a VAT-friendly country in order to sell their products throughout all of the EU, while paying as little tax as possible.

But according to some tax lawyers, such as Richard Croker, head of corporate tax at London-based law firm CMS, these new VAT laws are consequently disadvantageous for anonymous (or pseudonymous) methods of payment such as bitcoin.

Speaking to CoinDesk, he said:

“Due to the inability to identify a buyer or his location, taking payments in bitcoin might be partially incompatible with these new laws. Whether it's a total drag on the market I don't know, but it's certainly a disincentive for companies to accept bitcoin.”

Proof of residence

In order to establish the country of residence for customers, companies both within and outside of the EU are required to collect two independent pieces of evidence that prove what their customer's country of residence is.

As a guideline, the European Commission has formulated nine options that would suffice (see the full explanatory notes here). Particularly relevant for bitcoin is the third option on that list, which entails “bank details such as the place where the bank account used for payment is and the billing address of the customer held by that bank”.

This might indeed seem like bad news for bitcoin and bitcoin users for obvious reasons, but not everybody sees it that way.

Prominent Dutch IT lawyer Arnoud Engelfriet of Legal ICT believes a customer's ability to pay with bitcoin should be no more than a minor issue.

Engelfriet said:

“Note that the nine options are not the only ways in which companies can prove where someone's country of residence is. They can use any two independent methods of proof.”

Excluding bitcoin, that would still leave more than enough options to play by the rules, according to Engelfriet.

“It is not necessary under the VAT rules to identify the consumer by name and address," he said. "You only have to identify the country of residence. If customers wish to pay with bitcoin, merchants could simply use the invoice address and the IP address, for example.”

Vanessa Mock, a European Commission spokesperson, acknowledged that the new rules are not meant to impede on buyers' potential desire to pay anonymously.

"All a company needs to establish is the country of residence of their customers. This can be done in a number of ways that don't include a buyers' identity. After a customers' country of residence has been established, using a potentially anonymous method of payment like bitcoin shouldn't pose a problem", she told CoinDesk.

What exactly counts as evidence to prove the customers' country of residence is determined by the individual member states of the EU.

EU VAT forms image via Shutterstock

CoinJelly Exchange to Offer Debit Cards, ‘Bank-Level’ Services

Jon Southurst (@southtopia) | Published on July 11, 2014 at 12:11 BST

 

A new exchange and wallet service based in Australia and Hong Kong says it is building ‘bank-level’ services around bitcoin, designed to appeal to both serious traders and everyday travelers.
CoinJelly will launch two exchanges for high-volume traders, initially for the Southern Hemisphere and then soon after, the Northern. Notably, its consumer wallet option features an ATM/debit card network for use worldwide.
In perhaps its most novel approach, though, the company claims it has insured its bitcoin ecosystem against loss for up to AUD$20m ($18.7m), or 20 BTC per customer.
Accounts will be open to customers in 160 countries and balances available in nine major world currencies, including Russian rubles and Chinese yuan.

Building trust

CEO and founder Ashley King said security, compliance and transparency were CoinJelly’s biggest issues, in order to build trust with those yet to adopt bitcoin who might have been put off by high-profile failures in the past.
The firm follows other exchange launches in the region with a new focus on professionalism and financial services aimed at serious investors.
CoinJelly’s wallet is now launched and live, and its exchange has been under development for 4-5 months. According to King, there have been no security breaches or attempted intrusions as yet.
King said:

“We’ve implemented a number of bank-level passive and active safety measures including strong encryption, offline back up and two-factor authentication, leaving customers’ wallets far less vulnerable to attack.”

CoinJelly’s insured wallet also offers an intrusion alarm system, which identifies possible malicious activity and reacts automatically to head off fraud and attack.

ATM/debit cards

CoinJelly will also be providing ATM/debit cards for customers to easily cash out their bitcoins, and is in the process of finalizing merchant accounts.
The cards are aimed primarily at travelers as an affordable and easy way to transfer funds into local currency worldwide.
If the ATM/debit card plan sounds familiar, it’s because CoinJelly purchased some of the related merchant connection code from defunct Cypriot ‘bitcoin bank’ and debit card network Neo & Bee.
This will enable customers to purchase cards from CoinJelly’s site, load the cards with bitcoins (thus effectively selling them to CoinJelly) and then spending the fiat amounts on the cards like any other bank debit card.
The cards may also be used to withdraw cash at over two million ATMs worldwide.
A limited-edition black-colored card will be available to the first 500 customers and will also offer discounted rates for life.

Insurance and security

CoinJelly approached an insurance company about wallet guarantees, but it was only after company representatives were provided a copy of the software to experiment with that they were able to make an agreement.
Security is handled through in-browser encryption of private keys, and the company does not have any access to bitcoin balances.
Customers may also schedule a personal visit to CoinJelly’s head office in Brisbane for an extra layer of assurance.

International focus

CoinJelly’s development team is divided between Australia, Switzerland and Sweden.
To build liquidity around launch time, King and his team have spent most of the past six weeks traveling the world talking to traders to find out what they want, particularly fee structures and special promotions such as fee-free days.
They have signed up about 15 large North American traders already, including some that King describes as high-profile names, and he said the company now has enough volume to trade about 1,500 BTC daily.

Non-traditional markets

CoinJelly will be accepting accounts from Russia and even mainland China, where users can fund accounts through CoinJelly’s bank in Hong Kong.

“Until instructed otherwise we’ll continue to do so. Obviously we don’t want to step on anyone’s toes, If we’re told to stop doing it, we’ll stop doing it.”

Coinjelly’s financial operations are currently being managed from Hong Kong, intended as a temporary solution until regulation and compliance issues are resolved in other nations like Australia.

“We’re going to have a nice little ecosystem, we’re going to have a really good wallet and a great exchange, initially tiered towards high-volume guys, but once we open the Northern Hemisphere exchange the bigger guys will probably switch to that.”

Sole investor

Aside from the money used for initial funding, CoinJelly is financed solely by investor Peter Anderson, who made his fortune in the early days of the Internet economy.
He said he was drawn to bitcoin more for its disruptive potential than any desire to speculate on its value and that CoinJelly was the first project he thought worthy of such investment:

“[Ashley King's] solution was the first one I’d come across that fit my ethical standards as well as the overall approach to the community – customers rather than users. He has a really grown-up approach. Which is something that’s missing in other offerings.”

Banks, he said, had grown lazy due to being the default means for moving money around the world, rather than offering any real value. This was especially true of the forex market, he indicated.

“Crypto coins will blow a hole in that laziness. They’re going to have to compete. There’s long-term value for consumers here who are happy to look a bit deeper.”

While compliance issues would likely raise the cost of doing business in the bitcoin space, Anderson said, it wouldn’t be as high as banks often claimed.
“Cost of compliance is a tremendous excuse for banks and other institutions to jack up fees,” he said, adding:

“Trouble is, they jack those fees way past the [true cost] of providing that compliance. And given my career has been in and around that area, it has always annoyed me.”

Disclaimer: This article is not an endorsement of the company or companies mentioned. Please carry out your own thorough research before investing any funds.
Card image courtesy CoinJelly 

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Correction: A previous version of this article stated that CoinJelly had been cooperating with the Swiss Zurich Insurance Group to insure its ecosystem against loss. Zurich has since been in contact with CoinDesk to clarify that: “A CoinJelly press release stating that Zurich Financial Services in Australia is insuring CoinJelly products is erroneous. Our authorised general insurer in Australia, Zurich Australian Insurance Limited (ABN 13 000 296 640) has not issued any policy of insurance to CoinJelly. [...] We do not know who (if anyone) is providing insurance to CoinJelly in Australia.”
The previous version also stated that CoinJelly is voluntarily submitting itself to a vetting process by the Bitcoin Association of Australia (BAA). The BAA has also denied any involvement, and says it does not have such a vetting process.

Latin American Bitcoin Startup Moneero Exits Stealth Mode

Pete Rizzo (@pete_rizzo_) | Published on July 11, 2014 at 21:45 BST

Uruguay-headquartered bitcoin startup Moneero has officially exited stealth mode, and announced that its debut wallet services are open to an initial batch of users.
The news coincides with the launch of the company’s currency agnostic banking system, Moneero ROX, a tool Moneero says allows it to manage accounts and subaccounts in a variety of currencies, including bitcoin, litecoin, Ripple, fiat and smart property.
Speaking to CoinDesk, chief product officer and co-founder Steven Morell told CoinDesk that ROX will allow Moneero to one day extend its full suite of finished services – including a planned ATM service and FX trading platform – to users in any country around the globe and to remain compliant with local laws.
Comparing ROX to a set of Lego pieces that rearrange to suit many differing needs, Morell said:

“In Hong Kong, you can do transactions up to HK$8,000 without verifying yourself. In Uruguay, the threshold is U$3,000. What we can do with ROX is that in Uruguay, the moment someone in Uruguay uses Moneero, a different set of [AML and KYC] rules apply to him.”

He added: “This means we can rapidly adjust to regulation in every part of the world”.
Moneero is a continuation of the previously announced project BTC Global. Morell maintains that the rebranding was needed for both legal reasons and to stress the ongoing evolution of the previous brand’s ideas.
BTC Global had previously aimed to introduce a Massive Parallel Licensing (MPL) program, which it aimed to use to address onerous exchange regulations. Moneero’s founders include Morell, Vladimir Marchenko and Mauro Betschart

Social vision

Though Morell did not provide many details on the offering, he indicated that what might be the cornerstone of the company’s vision is the development of Moneero Social, its product that will allow users to send bitcoins to friends and followers on various social networks.
Morell stressed that it is in this area that Moneero hopes to improve access to bitcoin, citing how for many younger users around the globe, the Internet is now purely mobile and social.

“There are people selling fish on Facebook, and there are sheepherders selling sheep on Instagram. In the next five years, anywhere between three billion and five billion people will get on the internet and they all will get into an internet in different ways than the one you and I know.”

Morell explained how the company’s API will connect to what it calls “ThinApps”, applications that don’t have their own business logic and that don’t store data. It is these apps, he said, that will be used to help it roll out its Facebook and Twitter apps and previously announced SMS and bitcoin ATM initiatives.
The product follows the launch of Facebook-integrated wallet QuickCoin, which arrived to great user enthusiasm in May.
When asked how Moneero aims to educate these users, who may be new to bitcoin, Morell also refrained from offering specifics, stating that the company is currently in talks with potential partners that possess the large number of users it would need to jumpstart its initiative.

Wallet offerings

To start, Moneero will not provide bitcoin buying and selling services, but rather introduce two wallet products, the PlayWallet – which requires users to provide no identification – and the OptiWallet, which it describes as a secure multisig wallet. The company plans to use an exchange partner, at least initially.
OptiWallet aims to solve a common pain point for bitcoin users owing to the importance of keeping coins in cold storage for safe-keeping. Morell said OptiWallet will allow users to spend bitcoins that they have in cold storage by taking out loans from Moneero.
Morell said that these extensions will later be repaid by users:

“You can spend your money while it’s stored securely. At the end of the month, we send you an account bill and take back what you borrowed.”

Moneero also plans to provide a bitcoin test wallet for the development community, and expects more features to roll out in the coming weeks.
Images via Moneero

Argentinian Money Regulator Mandates Reporting on Bitcoin Activity

Stan Higgins | Published on July 11, 2014 at 23:10 BST

Argentina’s Unidad de Información Financiera (UIF) has ordered financial services companies within the country to report all transactions involving digital currency.
The UIF document, which outlines amendments to previous regulations, cites the threat of money laundering and criminal financing. It suggests that the UIF will act as a conduit for information enabling greater oversight of bitcoin and other “virtual coins”. The UIF is Argentina’s chief anti-money laundering agency.
The announcement, dated 4th July, comes more than a month after Argentina’s central bank issued a warning to businesses seeking to use digital currencies. In that release, the BCRA cautioned that “there is no consensus on the nature of these assets”. Other financial regulators in Latin America have adopted similar stances.
A translation of the UIF resolution reads:

“Virtual currencies are often traded remotely online. The movement of assets, and that entities from different countries can participate in the same jurisdictions that do not have controls to prevent money laundering and financing of terrorism, make it difficult for regulated entities to detect suspicious transactions.”

Financial institutions in Argentina are required to file monthly digital currency reports with the UIF. The purpose, the agency said, is to prevent criminal funds from moving outside of the country’s regulatory framework.

Digital currency vs electric money

As outlined in the document, the UIF draws a distinction between digital currency and electric money. The latter, the document reads, is meant to represent fiat currencies in an online format whereas bitcoin and other digital currencies fall outside of that definition.
Whereas electric monies are considered well-regulated, Argentina’s money regulators suggest that digital currencies risk promoting financial fraud or criminal funding. The amendments serve to push companies in the Argentine financial system to track and catalog transactions made using digital currencies.

“The regulated entities…must pay particular attention to the risk involving transactions with virtual currencies and establish enhanced monitoring on these operations.”

The rules take effect in August, according to the document.

Sign of regulatory tightening

At least one member of Argentina’s bitcoin communiy sees the UIF action as bad sign for bitcoin.
Carlos Guberman, a researcher at the Universidad Argentina de la Empresa who specializes in digital currencies, told CoinDesk that the move reflects the continued restrictive nature of national money regulators in regards to digital currency.
He said:

“I think the decision of Argentinean authorities regarding virtual currency reports as suspicious of money laundering are a bad thing. It is somehow weird that at the very same time that there is in place a law for exteriorizing dollar holding of Argentinians, the UIF comes out with a measure like this that is clearly penalizing virtual currencies.”

Guberman added that he believes many bitcoin transactions currently take place in dark pools and off-the-grid markets. As a result, he doesn’t foresee these regulations having an impact on those activities in the near future.

Tough environment for bitcoin

The UIF oversight order is yet another development from a Latin American financial or monetary regulator that cites the threat of money laundering, criminal activity and terrorist financing in relation to digital currency.
In June, Bolivia’s central bank, El Banco Central de Bolivia, announced that it was instituting a ban on bitcoin. At the time, it cited risks to investors and consumers when it deemed the use of the digital currency illegal.
Colombia’s central bank said in April that bitcoin is not a legal currency, adding that it was conducting research into the kinds of dangers cited by the UIF and other government agencies around the glob. However, Colombia has stopped short of declaring bitcoin illegal.
Despite these regulatory challenges, bitcoin businesses in Latin America continue to grow and develop.
Earlier this month, Uruguay-headquartered bitcoin startup Moneero opened its debut wallet service to beta testers after operating under the radar. As well, the region’s first Ripple gateway opened in June, bringing the payment network to seven local markets including Argentina, Brazil, Chile and Mexico.
Tanaya Macheel contributed reporting
Image via Shutterstock