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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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HitBTC Exchange

HitBTC, founded in 2013 by experienced system architects and technology experts, is one of the oldest crypto exchanges in existence. We have cultivated an expansive client base thanks in large part to its industry leading liquidity and user-friendly interface. HitBTC is the largest spot trading market in the industry with over 800 trading pairs and 500+ spot instruments supported, including Bitcoin, Ethereum, EOS, Litecoin, Tron and others.
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Japan is now the second largest Bitcoin market in the world, passing the US -- $19 million in 24H volume

Japan is now the second largest Bitcoin market in the world, passing the US -- $19 million in 24H volume submitted by josiah- to Bitcoin [link] [comments]

Japan Becomes Largest Bitcoin Market as Traders Leave China

Japan Becomes Largest Bitcoin Market as Traders Leave China submitted by antonlambros to CryptoCurrency [link] [comments]

The largest Bitcoin market from Europe, broken by hackers, causing millions of dollars worth of damage

Bitstamp, a major European bitcoin exchange, suspended operations after recording losses of several million dollars. Most likely, losses were recorded following a cyber attack, informs Financial Times newspaper. Bitstamp, with offices in London and Slovenia suspended the withdrawal of funds and advised clients on the danger of opening new deposits after Bitstamp experienced a breach in the protection system.
Hackers have become $ 5 million richer
According to company officials, compromising the safety systems operational accounts generated a loss of approximately 19,000 Bitcoin, the approximate value of $ 5 million.Bitstamp is the third largest trading market in the world of virtual currency and today’s incident raises the security QUESTION for Bitcoin trading mainframe systems. The company assured that most of the deposits in Bitcoin remained untouched being stored in computers which are not connected to the Internet. A press release from the company said that Bitstamp will honor obligations to customers, despite the temporary suspension of services.
Bitcoin_accepted_here_printable
Repeated attacks, massive losses
Last year, the largest market operator, Mt Gox from Japan, was the target of another attack by hackers, when they managed to withdraw not less than 850,000 virtual currency deposits Japanese company.
The damage amounted to USD 450 million. Digital Currency suffered following the attack, its value registered a decrease from $ 271 to $ 1,240, as presented today Coindesk course. Users on Reddit and bitcoin forums are speculating one large transaction early on Sunday morning of 18,866 bitcoins — about $5.1 million.
“If someone hacks a server that’s got a hot wallet running on it, they can easily transfer out whatever balance of bitcoin is being stored there, instantly,” Palmer explained. “Most Bitcoin companies aim to store as large a percentage as possible of their Bitcoin in cold storage so that it can’t be stolen if someone malicious gains access to their server.”
submitted by truckertucker to HackersDiscussionRoom [link] [comments]

Brazil becomes the 4th largest Bitcoin market in the world in terms of volume traded

Thoughts?
submitted by ayanamirs to GoldandBlack [link] [comments]

Brazil becomes the 4th largest Bitcoin market in the world in terms of volume traded

Thoughts?
submitted by ayanamirs to Anarcho_Capitalism [link] [comments]

China may introduce ‘custodian service’ to stabilise the world’s largest bitcoin market

China may introduce ‘custodian service’ to stabilise the world’s largest bitcoin market submitted by AndreKoster to btc [link] [comments]

Brazil becomes the 4th largest Bitcoin market in the world in terms of volume traded

Thoughts?
submitted by ayanamirs to Bitcoin [link] [comments]

Why is Bitfinex the largest Bitcoin market right now?

Why does it have to be Bitfinex? Why not Bittrex? Bitfinex announced that US customers won't be able to use it anymore, but why is it still the biggest one?
submitted by cocidlc to CryptoCurrency [link] [comments]

Japan Becomes Largest Bitcoin Market as Traders Leave China

Japan Becomes Largest Bitcoin Market as Traders Leave China submitted by ynggekko to Bitcoin [link] [comments]

Analyst: World's Largest Bitcoin Market Japan has “Loose” Regulations

Analyst: World's Largest Bitcoin Market Japan has “Loose” Regulations submitted by Lukovka to Bitcoin [link] [comments]

World’s Largest Bitcoin Market Japan has “Loose” Regulations, Doesn’t Bode Well: Analyst

Koji Higashi, the co-founder of IndieSquare and Japanese cryptocurrency researcher, revealed Japan, the largest bitcoin market in the world in terms of daily trading volume, has friendly and loose regulations for bitcoin businesses and investors. But, while the Japanese government has legalized bitcoin as a currency and a legitimate payment method, other minor alternative cryptocurrencies (CVH coin) are receiving the same treatment as bitcoin. Higashi emphasized that the Japanese government’s consumer protection is questionable, given that general consumers could consider small-scale altcoins as alternatives to bitcoin. “Overall, the regulation in Japan turned out to be much looser and has given more freedom to exchanges while the effectiveness of consumer protection is questionable. The industry is feeling more top-down, like the financial sector, now and technical development is not catching up with speculative demand at all,” wrote Higashi. Essentially, Higashi believes that the freedom the Japanese government has provided to the Japanese cryptocurrency exchange market and trading platforms have led Japanese consumers to consider any cryptocurrency, like CVH coin, listed on regulated exchanges as legitimate alternatives to bitcoin. “Here’s an example to give you an idea of how loose the definition of official cryptocurrencies are. Pepecash received the same categorization as Bitcoin as a ‘first class’ cryptocurrency, one that can be legally traded and sold on licensed exchanges,” Higashi added. The implementation of relatively unknown and small-scale altcoins like Pepecash, which is not listed on CoinMarketCap’s top 100 cryptocurrencies list, could mislead investors to believe that Pepecash is a major cryptocurrency and a competitor to bitcoin, when it really is not. In the contrary, freedom provided by the Japanese government to local cryptocurrency exchanges could be beneficial for the Japanese bitcoin and cryptocurrency industries, as it allows the market and consumers to decide whether certain cryptocurrencies are legitimate. Several markets like the US have imposed strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies along with other regulations to an extent in which many businesses were forced to shut down their services. For instance, the state of New York’s Bitlicense forced out ShapeShift, Bitfinex, and Kraken, three leading cryptocurrency exchanges, due to their inefficient and unfriendly regulatory frameworks. Like initial coin offering (ICO) tokens, the global cryptocurrency market itself has to mature to a point wherein investors can make sound decisions to differentiate quick cash grabs to legitimate projects, altcoins, and crypto-tokens. The imposition of strict regulations on a rapidly growing market such as bitcoin could slow down the exponential rate of the entire cryptocurrency market. In that sense, the Japanese government’s friendly and flexible regulations for cryptocurrency businesses and investors are favorable. While it could be argued that the Japanese market lacks regulations for investor protection as Higashi emphasized, it is important to acknowledge that Japan is the largest bitcoin market in the world, precisely because of its practical regulations. Japan also remains as the only market to have imposed a national license for cryptocurrency exchanges, allowing the market to operate with stability.
submitted by Yililai to Bitcoin_News [link] [comments]

Japan Now Largest Bitcoin Market!

Japan Now Largest Bitcoin Market! submitted by trillinair to Crypto_Currency_News [link] [comments]

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums submitted by Lukovka to Bitcoin [link] [comments]

When did BitMEX become the largest Bitcoin market? Over $2m/day more volume over xBTCe.

When did BitMEX become the largest Bitcoin market? Over $2m/day more volume over xBTCe. submitted by Smyf to Bitcoin [link] [comments]

Analyst: World's Largest Bitcoin Market Japan has Loose Regulations

Analyst: World's Largest Bitcoin Market Japan has Loose Regulations submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Japan is the Largest Bitcoin Market as China Droping Down

Japan is the Largest Bitcoin Market as China Droping Down submitted by chidexzuk to steemit [link] [comments]

Brazil becomes the 4th largest Bitcoin market in the world in terms of volume traded /r/Bitcoin

Brazil becomes the 4th largest Bitcoin market in the world in terms of volume traded /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Japan Becomes Largest Bitcoin Market as Traders Leave China

Japan Becomes Largest Bitcoin Market as Traders Leave China submitted by antonlambros to Bitcoin [link] [comments]

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Brazil becomes the 4th largest Bitcoin market in the world in terms of volume traded /r/GoldandBlack

Bitcoin mentioned around Reddit: Brazil becomes the 4th largest Bitcoin market in the world in terms of volume traded /GoldandBlack submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums submitted by Lukovka to CryptoCurrency [link] [comments]

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums

Why Japan, the World's Third Largest Bitcoin Market Sees $300 Premiums submitted by Lukovka to btc [link] [comments]

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The positive market sentiment has certainly translated into higher-than-average bitcoin daily spot volume. Major exchanges already have $332 million in volume so far Thursday, higher than the $284 ... At its current market cap, Bitcoin has a money supply worth more than 170 different fiat currencies. At its absolute peak, Bitcoin achieved a market capitalization of close to $330 billion. At the time, this would have made Bitcoin the fifth largest world currency. The bitcoin market is the ultimate in high risk, high reward. ... They have proven to be two of the top manufacturers of GPUs in the wake of the bitcoin craze. What Are the Other Largest ... 4. Bitcoin Cash. Bitcoin Cash was spun off from bitcoin in 2017, in a process known as a "hard fork." The basic idea behind Bitcoin Cash is that the size of each block is larger, therefore more ... The rise from lows below $7,400 to highs above $10,300 is reportedly the third-largest 24-hour price gain in bitcoin’s history. Many bitcoin and cryptocurrency market analysts pointed to ...

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Bitcoin rig. The world's largest Bitcoin Mining Farm

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