Gold Silver Reports (GSR) – Banks and other Reserve Bank of India-regulated entities stopped servicing cryptocurrency exchanges last month, as per an RBI directive. But within a day or two, at least two cryptocurrency exchanges in India took the peer-to-peer trading route to enable crypto-rupee trading. Read here. P2P transactions, however, do not hedge you against price fluctuations, which can be significant in crypto markets, even in a short span.
cryptocurrency
Malta: Making the First Moves in Crypto Securities
Gold Silver Reports (GSR) – However, ICOs contain an implied promise by the issuer that it will work to increase the value of the security—through proprietary technological breakthroughs or other methods. This implied promise makes them securities and the SEC reserves the right to police them.
Bitcoin is More Like Gold than a Currency
Gold Silver Reports (GSR) – In the seven months since Bitcoin’s price peaked, it has fallen by about two-thirds. But it’s still almost three times more valuable than it was a year ago. So what does the future hold for Bitcoin? There are three scenarios:
If You Are Holding Bitcoins In India, Here’s What You Can Do
Gold Silver Reports (GSR) – If You Are Holding Bitcoins In India, Here’s What You Can Do – The Reserve-Bank of India had asked them to stop providing services to firms and individuals who deal in bitcoins and other such virtualMoney. And exchanges got no relief from the Supreme Court. While a bench headed by Chief Justice Dipak Misra agreed to hear the petition by the Internet and Mobile Association of India on July 20, it said the RBI’s order will be implemented.
Bitcoin Debate’s Defeated Bear: Digitized Gold ‘Only Type of Crypto That Can Succeed’
Gold Silver Reports (GSR) – Bitcoin Debate’s Defeated Bear – The two financial thought leaders debated about the top cryptocurrency Bitcoin (BTC) and its underlying-technology blockchain, questioning the potential for mass adoption, and comparing Bitcoin and other cryptocurrencies with other asset types such as fiat money and gold.
Gold Will Rally To At Least $1700 — Lior Gantz
Gold Silver Reports (GSR) – Gold Will Rally To At Least $1700 — Lior Gantz — During this 40+ minute interview, Jason asks Lior about the current global macro situation given the Fed hiking rates this week and the ECB and BOJ still doing QE and whether a strong US Dollar on the US Dollar Index (because of a mostly weak Euro) will be a strong headwind for gold?
What is Bitcoin Mining? How to get started
Gold Silver Reports (GSR) – What is Bitcoin Mining? How to get started — Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining.
Bitcoin Is Failing As Currency
Gold Silver Reports (GSR) – The only way to value the likes of Bitcoin correctly is to recognise that it’s a speculative investment and not a currency, said Damodaran who is known for his work on valuing companies and understanding stock investments. “If you put the currency in pocket and you forget about it for a year then at the end of the year if you put it out then it shouldn’t have lost half its value.”
Bitcoin Seen Popping Like the Greatest Bubbles by BofA
Gold Silver Reports (GSR) – Bitcoin Seen Popping Like the Greatest Bubbles by BofA — The cryptocurrency is tracking the downfalls of the other massive asset-price bubbles in history less than one year out from its record, analysts lead by Chief Investment Strategist Michael Hartnett wrote in a note Sunday.