Bitcoin Press Release Archive

New Blockchain Wallet Functionality and Exchange Listings are Coming for the Bitcoin-sCrypt Altcoin (BTCS)

The Bitcoin-sCrypt (BTCS) community is pleased to announce new development and marketing initiatives, which include the release of new development features (e.g., blockchain voting and censorship-resistant messaging), the creation of an official Bitcoin-sCrypt marketing team and an official exchange listing drive to increase the number of exchanges trading Bitcoin-sCrypt (BTCS).

Since our release of Staking functionality in the latest major update, Bitcoin-sCrypt users have been generating new BTCS for themselves by staking their BTCS coins to help the network.  As such, the Bitcoin-sCrypt Altcoin (BTCS) has been utilizing a hybrid Proof-of-Work/Proof-of-Stake consensus algorithm to secure transactions on the blockchain.

Now the Bitcoin-sCrypt team is working on adding new exciting functionality to the Bitcoin-sCrypt blockchain wallet.

 

Upcoming Bitcoin-sCrypt Wallet Development

We are currently working on adding decentralized blockchain voting and censorship-resistant messaging directly to the Bitcoin sCrypt wallet client.  Soon, community members will be able to vote on development issues using their cryptocoins and will be able to send censorship-resistant messages directly from the wallet client.

Censorship-resistant messaging functionality will allow users to send unfiltered messages to other users directly in the BTCS wallet client.  The censorship-resistant messaging functionality will be released in two phases.  An initial centralized test phase followed by the final release of decentralized censorship-resistant functionality.

The decentralized voting functionality will allow users to vote on development issues directly within the Bitcoin-sCrypt wallet.  Bitcoin-sCrypt’s plan to decentralize development by allowing users to vote on development issues has been a long-term goal and the Bitcoin-sCrypt team is excited about the new features to come.

 

Official Assembly of a Bitcoin-sCrypt Marketing Team

In response to the increased community interest in the Bitcoin-sCrypt Altcoin (BTCS), the Bitcoin-sCrypt team will be putting together an official Bitcoin-sCrypt marketing team to take responsibility for Bitcoin-sCrypt’s marketing efforts.   Since Bitcoin-sCrypt’s genesis block, marketing has been purely word-of-mouth, and now the community is excited to finally have a dedicated team to assist with social media marketing, crypto-forum postings (like bitcointalk and cryptocointalk), and to lead exchange listing drives to have Bitcoin-sCrypt listed on more crypto-exchanges.

As such, the Bitcoin-sCrypt community is pleased to announce JJ-Dutch as the new chair of the Bitcoin-sCrypt marketing team.  JJ-Dutch has been involved in crypto, generally, and Bitcoin-sCrypt, specifically, for many years and the community is excited to have him aboard to lead our efforts.

Further, membership in the Bitcoin-sCrypt marketing team will be opened up to community members in the coming months.  

 We are super excited about the times to come for new blockchain development features for the Bitcoin-sCrypt Altcoin (BTCS)!

 

For more information, please visit:

Bitcoin-sCrypt Website:  https://bitcoinscrypt.io
Bitcoin-sCrypt Twitter:  https://twitter.com/theotherbitcoin
Bitcoin-sCrypt Facebook:  https://www.facebook.com/groups/BitcoinScrypt/
Bitcoin-sCrypt Discord: https://discord.gg/EAXdR8j
Bitcoin-sCrypt Telegram: https://t.me/BitcoinScryptOfficial
Bitcoin-sCrypt Blog:  https://theotherbitcoin.com

 

For questions or more information, please contact:  digital.smokeasy@gmail.com

 

BTCS is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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BTC Peers Announces Awards of up to $5,000 For News Tips

30th June, 2020 – The BTC Peers cryptocurrency news platform is looking to serve its audience by being the first to publish insider reports that may be useful to decision makers. BTC Peers is also looking to publish news before they occur or are announced. To obtain this information, BTC Peers is inviting both representatives of companies and insiders to help out. The site is ready to pay from $50 up to $5,000 for insider reports or news tips which lead to a published article based on the information provided. 

Resources can send their tips, questions or completed articles via admin@btcpeers.com

 

The decision to publish will be made on the basis of the uniqueness, importance, and quality of the information the sources are ready to provide. The decision on the amount of remuneration will be made on the basis of the number of views, reposts, and links to the article, as well as the subjective opinion of the owner of the resource.

Andrey Sergeenkov, CEO of BTC Peers, believes that:

“the cryptocurrency industry craves independent platforms whose purpose is to convey information to investors, traders and decision makers before the news becomes relevant.” 

Andrey added that he perfectly understands the frustrations of people of the highest echelons who come to major news sites, and end up having to deal with annoying personal data-collection, endless banners, pop-ups, and requests to subscribe to yet another useless newsletter. 

 

You Are Not Traffic

BTC Peers has gone with a marketing-free approach, which means that readers will be free from data-collection, banners, pop-ups and other intrusive techniques that were invented by marketers to extract the maximum benefit from traffic – their word for their readers. 

Andrey Sergeenkov commented:

“We treat our readers like people and will never chase a million audiences. – We would better serve helping the individual decision-makers than would crunching by millions in gray metrics that have no actual value.”

 

Other Opportunities

BTC Peers also invites any interested news sites, startups, or PR agencies to collaborate, as well as those individuals who simply want to make the world a better place. BTC Peers is also looking for guest articles from talented authors and analysts who want to convey their thoughts to an audience that has great influence in the industry. Some articles will be paid, depending on the quality of content, from $10 to $500. The decision on the amount of remuneration will be made based on the number of views, reposts, and links to the article, as well as the subjective opinion of the owner of the resource.

 

Website https://btcpeers.com/

Email admin@btcpeers.com

Twitter https://twitter.com/Nikopolos

LinkedIn https://www.linkedin.com/in/sergeenkov/

 

BTCPeers is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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ARK.io Announces MarketSquare: The New Homepage for the Decentralized Web

June 26th, 2020 – ARK.io, a leading blockchain technology provider, pulled back the curtain today on their newest product – MarketSquare. MarketSquare is being regarded as the new homepage for the decentralized Web. In recent years the amount of blockchain businesses, applications and services available to the general public and tech community is expansive. 

 

Moreover, it is nearly impossible to find one single place to explore, learn and interact with blockchain projects and applications. MarketSquare aims to change that by delivering a robust user experience that puts discoverability and the ability to forge new relationships within the industry at the forefront. The MarketSquare platform will open to all users, blockchain-powered businesses and developers within the blockchain industry. An excerpt from the official ARK.io blog reads;

 

On MarketSquare, we make it easy to discover businesses, blockchains, applications and delegates. By searching through different categories using our robust search function and following your favorite projects, it has never been easier to learn about, interact with and follow projects within the blockchain industry.”

 

The current roadmap for MarketSquare contains a long list of additional features and services that will be added to the platform over time. These range from social features, all the way to developer-focused features. Social messaging and a developer bounty system are just a few of the items on MarketSquare’s current slate. 

 

To this moment, MarketSquare has gone through three rounds of closed alpha testing with overwhelmingly positive responses from testers. The testing has helped the ARK.io team shape improvements to the user experience and create features that everyone from average users, to blockchain business leaders will find valuable.

ARK.io currently has plans to release MarketSquare to the public in beta form by Q4 2020. 

 

About ARK 

ARK is an open-source blockchain platform that empowers everyone, regardless of their aim or technical background, to quickly and easily leverage blockchain technology. ARK acts as a beacon for individuals, enterprises and communities who wish to apply blockchain technology as a foundation for their own projects or businesses by offering technology stacks and tools, unique in their simplicity, to easily create and deploy blockchains. 

 

For more information, please visit https://ark.io/

 

For future updates on MarketSquare, Follow ARK on Social Media and join their community on Slack: Twitter | Facebook | Reddit | Slack 

 

Media Contact Details

Contact Email: info@ark.io

 

ARK is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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PnxBet Offer Instant Crypto Transactions, and Payout $42 Million in Winnings Since Launch

Bitcoin Press Release: Pnxet now offers instant cryptocurrency deposits and withdrawals for its users. The eSports pioneer and sportsbook has also hit multiple company milestones this year and paid out over $40 million to its users. 

22nd June 2020, Curacao – Online casino and sportsbook Pnxbet now offers instantaneous crypto deposits and withdrawals to make its user experience more streamlined. This new feature caps off a strong start to 2020 for the company, who passed multiple company milestones and simultaneously recorded exceptional growth. The company also paid out over $40 million USD to its users in the form of betting wins, and promotions in the first half of 2020. 

Instant Transaction Game Changer

The new PnxBet website transaction times now enable the instant deposit and withdrawal of all supported cryptocurrencies, and faster transaction times for fiat bank transfers. This function is a game changer for online players, as it significantly cuts down waiting time for players to quickly fund their accounts, and withdraw their winnings. 

The new transaction times schedule for Crypto, bank transfer, and e-wallet payments are:

  • Bitcoin: Instant 24/7 transactions, Monday to Saturday
  • Bank Transfer: 10am – 8pm GMT, Monday to Saturday
  • E-Wallets: The same day, 10am – 8pm GMT, Monday to Saturday

Slow or delayed site transactions are a well known pet peeve for all online gamblers, with wait times of hours or even days a regular occurrence. Pnxbet have once again taken decisive action to address this long-standing issue. 

PnxBet Grows as Players Win Big 

Back in April 2020, the world was in the midst of the Coronavirus pandemic. With all sporting events cancelled or postponed, PnxBet made the executive decision to invest heavily into the emerging market of eSports

By filling the huge gap left in the market, PnxBet were able to provide an exciting new option for the community, stimulate new growth in an emerging market, and set the trend for the future of online gambling. 

This choice proved decisive, with Pnxbet announcing an astounding $117 million in bets made since its launch in November, 2019. A large part of thissuccess is a result of popularity of the sites’ eSports games, with a staggering 560% growth in total bets placed on eSports. 

PnxBet are not the only ones profiting from the emergence of eSport though. Users of the pioneering sportsbook have taken away an impressive $42 million in winnings since the site launch. 

South East Asia: The New Playing Field

PnxBet have also recorded another milestone in the fast-growing South-East Asian market, by passing 100,000 users in the region, which consists of the Philippines, Thailand, Vietnam, Malaysia, and CIS countries.

Players in this region are already reaping the rewards for switching to PnxBet, with one player from the Philippines winning massive PHP15,000,000 ($300,000) on Baccarat back in April. 

Live Casino and Sportsbook Welcome Bonus 

Users making their first PnxBet deposit are eligible for a 75% Live Casino welcome bonus up to $500. After claiming the bonus, and making the deposit, the bonus will be awarded automatically to the user’s account. Players can also take advantage of the 100% Sportsbook Bonus up to $100, where the same rules apply.

 

Media Contact

Contact Name: Missy Nuvolari

Contact Email: affiliates@pnxbet.com

 

Learn more about Pnxbethttp://www.pnxbet.com

Check out the new eSports gameshttps://www.pnxbet.com/esports

Follow Pnxbet on Facebookhttps://www.facebook.com/groups/pnxbet/

Visit the Youtube Channelhttps://www.youtube.com/channel/UCsfDzl19R9v1fs1pkLtkhnw

Join the official Pnxbet Telegram channel – https://t.me/pnxbetxcom

Follow on Twitterhttps://twitter.com/pnxbet_com/

 

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Pnxbet is the sole source of this information.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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BitMEX Integration is LIVE on Aluna.Social Copy Trading Terminal

Bitcoin Press Release: Aluna.Social today announced the release of BitMEX integration on their multi-exchange social trading terminal. 

 

19th June 2020 – The integration provides an easy way for BitMEX traders to manage their account on Aluna along with other exchanges, share their trades with others, win prizes on the leaderboard, and automatically copy other traders.

 

“This is an exciting milestone for us; adding Derivative markets to Aluna opens up new opportunities for traders to soon copy or counter-copy anyone on Futures exchanges such as BitMEX,” says Alvin Lee, Co-founder at Aluna.Social.

 

Benefits of connecting a BitMEX account to Aluna include:

  • Manage BitMEX and 4 other exchanges on Aluna
  • Automatically share BitMEX trades
  • Climb the Aluna Leaderboard and win prizes
  • Copy or Counter-copy other traders
  • Prove trading performance with an Aluna Profile

 

Read-only mode for BitMEX is now available on the Aluna.Social beta for free. Create an API key on BitMEX, and add it to the Aluna platform to enjoy free portfolio management, API trading, and social trading tools.

 

For more information, visit the blog post here. Join the community on Telegram and follow us on Twitter to get first dibs on new features and more.

 

About Aluna.Social

Aluna.Social is a gamified multi-exchange social trading terminal. It combines the best of API trading terminals and social networks to create a transparent environment where traders and investors can thrive. Manage all exchange accounts in one place, leverage community insights, and automatically copy the World’s best crypto traders. Aluna.Social is currently in Beta and integrated with BitMEX, Bitfinex, Binance, Bittrex and Poloniex.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

Aluna.Social is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Global Market Sees Increased Cryptocurrency Interest as Crypto Betting Sites Thrive

Bitcoin Press Release: Leading cryptocurrency aggregator CoinmarketCap has released a report detailing a surge in crypto Interest across both age and regional demographics. This recent adoption was aided by the resurgence of popular casino and sportsbook sites like 1xBit

15th June 2020, Cyprus – According to data from CoinMarketCap, the biggest crypto data aggregator on the market, more and more users are showing an interest in digital assets. This interest was recorded in the youthful age demographic, as well as various regional demographics. Countries that saw the most user growth, in the first quarter of 2020, were India, Pakistan, Colombia, Canada, and Nigeria. The countries with the most female user growth are Greece and Romania. 

Crypto Surge in Age and Regional Demographics

The report published by CoinMarketCap analyzed the market and user trends surrounding cryptos for the first quarter of 2020. Data sourced for the report came from proprietary market capitalization data and user insights from CoinMarketCaps massive user base.

In addition to the trends and events that occurred around the coronavirus-induced March 12 market crash, CoinMarketCap identified two other trends that indicated positive developments for cryptos.

The first trend relates to growth in interest from female users of 43.24% on its platform, and the second trend recorded a 46.04% quarterly growth in interest for young adults (ages between 18 and 24).

A quote from the CoinMarketCap report reads: 

“In relation to the youth user segment (aged 18-24), the continent of Oceania saw the biggest percentage jump of 151.95%, followed by Africa with 91.47%,”- was the observation made in the report.”

The top nine countries with a user growth of at least 80% were as follows:

  • Nigeria: 210.6%
  • Australia (158.07%)
  • Spain (120.71%)
  • Canada (112.45%)
  • Mexico (97.33%)
  • The U.K. (91.48%)
  • Colombia (85.07%)
  • India (83.07%)
  • Pakistan (81.79%)
  • Greece Up (164%)

These percentages represent the number of new users between the ages of 18 and 24 in the first quarter. The numbers are much higher compared to those of the previous quarter. from this quarter the number of women interested in cryptocurrency increased by 43%. Data from the first quarter also revealed that more female users have started to show interest in crypto as well:

“While we have consistently seen an increasing number of female users, this segment saw a particularly strong growth of 43.24% compared to the previous quarter. Within the female user segment, the Americas and European regions grew more than 50% in users.

The nine countries with the highest growth in the female user sector in the first quarter compared to the previous one are: 

  • Greece: 163.67%
  • Romania (145.09%)
  • Argentina (98.23%)
  • Portugal (89.95%)
  • Indonesia (88.92%)
  • Ukraine (86.68%)
  • Czechia (85.6%)
  • Colombia (82.03%)
  • Venezuela (80.23%)

CoinMarketCap also discovered that not only the youth is interested in digital assets, as it observed an increase of 41% in the number of users past the age of 65.

Top Crypto Casinos See Surge in Use

As most operations and businesses have had to move online because of coronavirus restrictions, many gamblers have also taken their activity online. As a result there has been a rise in interest for crypto casinos due to their many advantages. The online crypto casino and crypto sportsbook, 1xBit is one such site, as it allows users to register easily and remain completely anonymous while betting and gambling. 

1xBit supports more than 20 cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, Dogecoin, Monero, Zcash, Tether, Ripple, and many others. As all payments are made in crypto, there are no fees applied when user deposits and withdrawals from your multi-currency account. Also, payouts are executed at a fast rate, with no long waiting times.

There has been a surge in esports popularity on betting sites,and crypto casinos as traditional sports have been on hiatus. Esports and crypto are a perfect combination, as they both have tech-savvy audiences. 1xBit also features a variety of esports events with high odds, in addition to more than 5000 slots, games from 100 game providers, and dozens of table games with live dealers.

1xBit offers a huge BTC bonus to new users which can range up to 7 BTC. There are four initial deposit bonuses that range between 1 BTC and 3 BTC, and the total amount can reach a whopping 7 BTC

  • Deposit Bonus 1: (100%) up to 1 BTC 
  • Deposit Bonus 2: (50%) up to 1 BTC 
  • Deposit Bonus 3: (100%) up to 2 BTC 
  • Deposit Bonus 4: (50%) up to 3 BTC

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

 

Learn more about 1xBithttps://1xbit.com/bonus/rules/welcome_bonus

Get the latest 1xBit news from Twitterhttps://twitter.com/1x_bit

Watch 1xBit on YouTube – https://www.youtube.com//1xbit

Join the 1xBit community on Telegramhttps://t.me/sportsbook_1xBit

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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‘Digital Gold’ Crypto Asset BitGesell Announces Listing on Hotbit Exchange

Bitcoin press release: With its latest listing on the HotBit Exchange, BitGesell coin (BGL) continues to prove that a decentralized architecture designed to overcome Bitcoin’s shortcomings will have the support of stakeholders in a crypto ecosystem, betting on intrinsic features like transactional coin burning that can establish BGL as true digital gold.

11th June 2020, Amsterdam, NetherlandsCrypto asset BitGesell is quickly shaping up to be one of this year’s most promising projects, focusing on practical application with incentive propositions that appeal directly to miners, investors and network participants.

Its latest listing on popular crypto exchange HotBit Exchange is only the latest milestone for BGL, now allowing better access via trading on the open market, to allow more people to experience what it really means to own digital gold.

Is Bitcoin really the digital version of gold?

While Bitcoin’s role is firmly established in the cryptocurrency industry, foremost as the  world’s most liquid digital asset, there remain questions as to what its true purpose could be in the near future.

Throughout its evolution over a short 11 years of existence, the symbolic father of crypto has carried several different tags. And as Bitcoin changed its form, community and found new and different uses, so have the meanings of these tags changed.

If Bitcoin was originally the peer-to-peer digital money that people would use to send to each other as payment for goods and services, today, that usage has arguably moved away to cheaper and faster alternatives as scalability issues that have plagued Bitcoin from the beginning have not been fully addressed.

Even up to 2017, it was still possible to send Bitcoin transactions with little to no fees, but each time the network experiences a surge in activity, just as it has been since May 2020, congestion has led to fee wars, as Bitcoin users bid to have miners include their transactions for confirmations before others.

According to some sources, average Bitcoin fees in 2020 grew more than 2,200%. Second-layer solutions like Lightning Network have seen some success in speedy and cheap transactions, but at the cost of taking the transaction off-chain. Lightning Network solutions, along with Segregated Witness introduced in 2017, have also a long way to come in mass adoption, with most major service providers and client wallets yet to be compatible with these.

Bitcoin’s situation also becomes less obvious even when taking into account Lightning Network and scalability uptakes. For miners, halved block rewards, compounded with negligible fees over Lightning, and increased block size from SegWit, mean that miner costs can no longer be covered by block subsidies or fees. Miners will be forced to switch off, leading to network difficulty decreases in the long term.

Why BGL scarcity is the real deal in deflationary digital gold

BitGesell Head Developer Emma Wu outlines how BGL has addressed each of Bitcoin’s shortcomings, ensuring that it is designed especially to fit the digital gold premise of maintaining and growing in value over the long term.

In particular, the programmed burn feature of BGL, whereby 90% of every transaction fee sent to miners will be irrecoverably destroyed. This isn’t just a promise of buyback and token burns, like most projects do, relying on centralized decisions to burn tokens. This is a hard-coded programming that forces burning to happen with every transaction.

Token burning is a proven token economics model that uses basic supply and demand principles. In this economics model, when supply is decreased, and demand remains, price equilibrium will become higher. Essentially, every BGL transaction increases the scarcity of the coin, thereby increasing its price equilibrium and giving it more value in dollar terms.

Compare this to gold, which rate of extraction is a very low 1.8% annually, or to national currencies which are entering unprecedented money printing to infinity. With all the world’s major assets and currencies, inflation is happening at a steady pace. Bitcoin was designed as a deflationary currency because of its rigid supply constraint, which is the basic fundamental of Bitcoin’s utility and demand: there will only ever be 21 million Bitcoin. 

And because BGL is built off the Bitcoin source code, there is also only ever going to be a maximum possible amount of 21 million BGL. But because Bitcoin has technical shortcomings like halvings once only every four years, and low-transaction fees, it’s scarcity factor will play out over decades.

However, with BGL, the deflationary pressure is quicker with token burning and shorter halving times and smaller blocks, seeing a max supply of 21 million BGL ever mined in just a few years, after which, max supply can only drop with transaction burning.

In details:

  1. Smaller block sizes (10% Bitcoin block size), combined with higher transaction fees, ensure that miners are well compensated, and that only large transactions take place, promoting holding and keeping supply tight.
  2. Increased scarcity measures by token burning. 90% of all transaction fees in BGL will be permanently destroyed, ensuring that even more of the fixed supply is removed with every transaction. 
  3. Community wallet specified in genesis block itself. A community wallet has been specified in the very first BitGesell block mined, and will receive funds to be distributed for further project growth, placed as a message: “Your support helps ecosystem keep growing. bgl1qkecxxg8ekyruwkkhea7ye5c0ganmhdl7d5nna3”.

The balance and transactions of this wallet can be viewed publicly on the blockchain, with the usage of funds there reported periodically to the community. This is BGL’s statement of commitment for building and expanding BGL infrastructure.

  1. Annual halving to achieve a max supply of 21 million coins and zero emissions like BTC, but in a fraction of the time.

While Bitcoin holders today will never live to see the day Bitcoin achieves zero emissions and lives up to its digital gold tag, BitGesell holders need only wait a few years to see Bitcoin the way its economic model described it to be.

Learn more about true digital gold at the official BitGesell website or buy and trade BitGesell coin with Bitcoin now on HotBit Exchange.

Media Contact Details

Contact name: Emma Wu

Email: wuemma@protonmail.com

Learn more about BitGesellhttps://bitgesell.ca/ 

BitGesell is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Microlancer Revolutionizes the Gig Economy with Bitcoin

Microlancer_gig_crypto

Bitcoin Press Release: Fueled by Bitcoin’s new payment layer, one small gig economy site is exploding in user growth and the developer behind it has big plans.

 

June 3rd 2020, San Francisco, US: Microlancer.io, the crypto gig platform has just announced growth statistics and it is indicating that the gig economy is just about to enter a second boom fueled by bitcoin. With 40 million unemployed in the US alone, for many, finding a job is getting close to impossible hence easy ways to earn a bit of money are an anticipated antidote to support many through recession.

 

Not that the Microlancer announcement would resemble in any way a Berkshire Hathaway annual shareholder conference or a Bitcoin Suisse series A promotion. The “investor” relations are kept rather pure. Investors in microlancer haven’t been venture capitalists either but simply users and supporters who love and appreciate the platform’s features. Creating a task takes less than 20 seconds and within minutes, taskers or “microlancers” from around the world will apply to fulfill the task. 

 

Once the offer is completed the magic happens and the platform can play out its strengths. Sending the payment is as simple as taking a photo with your smartphone. Thanks to Bitcoin’s payment layer, the Lightning Network, payments are private, instant and nearly zero fees, which makes both sides very happy. The tasker receives the funds from escrow without delay and on the other side, the outsourcer saves potentially hundreds of dollars in listing and payment fees.

 

But what’s behind the rapid growth – is it just a fad or is there a solid business model? Tim, the single-handed developer behind the site believes that the demand is caused by a combination of economic and political factors: 

 

“My goal for Microlancer originally was to just increase lightning adoption, because I believe our current financial system is kleptocratic, unjust and unfair and Bitcoin is a great alternative. People who are unbanked are completely excluded from global commerce and basically have to decide whether to accept their poverty or struggle against a system that works against them. Microlancer solves that problem.”

 

It’s undeniable that Bitcoin adoption is going forward stronger than ever in places like Africa or Latin America, in countries that have been suffocated for years from economic devastation and inflation. When people are restricted from remittance and international transfers and the economy is breaking into pieces, the ability to work can be a matter of survival and sites like Microlancer can be a real blessing.

 

5000 satoshis, about 50 cents, might not be worth a mouse click in the US but it’s a breakfast with coffee in Ghana. And for 5000 satoshis you can outsource more than you think. Finding a hotel, or phone repair shop in a foreign city, letting someone design a logo for your new dog salon business. Whatever you are too lazy to do or to google, on Microlancer someone will be happy to do it for you. This doesn’t exclude professional use and more and more employers are attracted to the site for it’s extreme competitive pricing and convenience. Tim also said:

 

“I wanted to help people who were unable to work on traditional sites because they couldn’t fulfill the privacy-invading KYC requirements and the high fees would eat all their work, those people are the most excited about using Microlancer”

 

And it seems Microlancer has hit a nerve as latest statistics reflect rapid growth and an astonishing amount of users signed up. But will it make a dent against the big players in the gig economy? Freelancer, Fiverr and Upwork are now multimillion dollar platforms with millions in funding. Upwork had $168.8M funding, hundreds of employees and it’s IPO valuation at Nasdaq was $1.6B. Tim continues: 

 

“I’m one little guy fighting against $1.6B mammoths  – but the truth is that corporations have disadvantages too. They are slow and bureaucratic and they aren’t innovative enough to see the potential of lightning. Users will go choose the better service and I am pretty optimistic our growth curve will soon be even steeper especially when Bitcoin sees greater adoption and new all time highs. Then it’s inevitable.”


To find out more and start earning Sats today, visit the website at https://microlancer.io/

 

Media Contact Details
Contact Email: support@microlancer.io
Contact Twitter: @microlancer

 

Microlancer is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Never Let Another Arbitrage Opportunity Pass Again with 24/7 Bitbengrab Trading

Bitcoin Press Release: Arbitrage trading service Bitbengrab has launched a tool that helps its traders capitalize on manual or automatic arbitrage trading across 29 popular crypto exchanges.

26th May 2020, London – Cryptocurrency trading has never been more popular than it is today, and with the new 24/7 arbitrage trading tool from Bitbengrab it has never been this easy. Barely ten years after Bitcoin first appeared, thousands of digital assets have been created, with hundreds of exchanges opening worldwide to allow users to freely buy and sell coins, tokens and all manner of virtual currency.

Unlike traditional markets, crypto markets have especially unique features that make them highly attractive to the aspiring crypto trader.

The first most noticeable feature is that crypto markets are highly volatile — while swings of 5% can be seen as breathtaking for stocks, crypto often sees swings of 10% or more in a single day — Bitcoin dipped 80% within 24 hours in March 2020, and recovered just as much a few days later. For the ambitious trader willing to trade on swings, this means huge potential profits.

But the second feature of crypto markets is the fact that they are still very young, especially compared to forex or stock markets. Crypto markets have only been around in the past ten years and there is still so much room to grow into. Stocks and forex have had almost a century to fine-tune their models and pricing reactions. Because of this, some exchanges in some parts of the world can be slow to react to global average prices, or have extreme variables in supply and demand.

And this is where crypto arbitrage opportunities come in. 

The Market That Never Sleeps

In trading, arbitrage simply means to take advantage of the price difference between two markets. In crypto trading, a digital asset will almost certainly be trading at different prices at any single exchange at any given time. A trader that buys the asset at Exchange A with a lower price and sells it at Exchange B with a higher price is said to have completed an arbitrage trading.

On normal days, the price difference, however, is quite small — usually small enough to make the potential profit negligible through commissions or withdrawal fees. So there is still a risk, if not done properly, or fast enough, traders could still be in net loss if they don’t execute the orders fast enough.

True arbitrage trading means risk free trading, where profits are guaranteed because the difference in price is so big that it is impossible to lose money. And these opportunities are always happening on a daily basis across the scores of exchanges around the world and thousands of digital assets being traded.

But these arbitrage opportunities don’t come by often, and don’t last long. Exchanges themselves will notice the price difference and work to adjust them. So how can a crypto trader move quickly enough to capitalize? The answer is the Bitbengrab Arbitrage Trading Service.

Bitbengrab Finds and Trades Arbitrage, All Day, Every Day

Bitbengrab uses libraries to connect to multiple exchanges and fetch price data and order books at precise intervals. It then analyzes the data from multiple market pairs and exchanges to locate price differences.

It then shows users several fool-proof arbitrage opportunities. Users can then execute these trades manually. Better still, they can use API keys to connect their exchanges with Bitbengrab so trades happen automatically from dashboard.

29 Supported Exchanges and Counting

Bitbengrab can trade arbitrage automatically at 29 exchanges, including Binance, Bitfinex and Bittrex, allowing users to trade at many major exchanges. It is recommended users first verify with KYC at all these exchanges to open max limits. A full Bitbengrab video tutorial has been prepared to help users connect securely.

Users need only give Bitbengrab API permissions for balance and trading. Never to withdraw or deposit to a user’s exchange accounts. The Bitbengrab team is on standby to assist all users with their specific exchange API doc or any questions about API permissions.

The Bitbengrab team of trading and programming experts has decades of experience collectively. The Bitbengrab company is incorporated in the UK as BITBENGRAB LTD.

Media Contact Details

Contact name: Bitbengrab Team

Email: support@bitbengrab.com

 

Learn more about Bitbengrabhttps://www.bitbengrab.com/arbOps.php

Bitbengrab Video tutorial – 

https://youtu.be/Xcd7VJBSadE

Bitbengrab is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold

Bitcoin Press Release: Emerging digital asset Bitgesell has developed a practical ecosystem, and long-term solution for the digital gold debate. The project overcomes issues plagued by Bitcoin to make it an extremely attractive proposition to holders, miners, and businesses

18th May 2020, Amsterdam, Netherlands – Digital asset and cryptocurrency Bitgesell is a new project geared towards practical application, and offers a more attractive proposition to cryptocurrency miners and holders, than any similar alternatives. The Bitgesell ecosystem has been designed to ensure that it is practical, and suitable as a long-term digital investment option.

Why Bitcoin is Not a True Digital Gold

Bitcoin continues to be the foremost leader in the digital currency market, and has always defined what cryptocurrencies are. However, it is faced by a number of issues that have not been conclusively addressed:

  • Excessive Computational Power: Distributed nodes and miners keep any blockchain secure by ensuring that there is never enough computational power in a single control. Bitcoin has surpassed this level long ago. Today, only a fraction of the computer power is enough to secure the network.
  • Low Commissions in Future: In the future, when all of Bitcoin is mined, miners will rely on transaction fee. A little reward will be sufficient to keep miners in profit. However, the segwit based lightning network can also lead to miners moving away from Bitcoin as the transaction earnings can become so low, it would not be practical to keep working on the network.
  • Slower Scarcity : Bitcoin currently halves its block rewards nearly every four years. This scarcity and the level of new BTC mined means that block reward will reach zero roughly in 2140. For the true rise in value of Bitcoin, holders still have to wait 120 years.

Bitgesell Head Developer, Emma Wu explains one of the benefits that Bitgesell offers over Bitcoin: 

“Bitgesell can be perceived as a future of bitcoin, because of its smaller block size, how segwit extension would be developing (lightning network) and due to halving occurring each year, only after 2-3 years we will witness the future of bitcoin, not having to wait for 11 years.”

Bitgesell: The Better Bitcoin

The next stage in the evolution of Bitcoin, Bitgesell is the right step towards a digital gold model. A digital asset that is geared towards holding, it is a precisely calculated ecosystem that is predictable and reasonable.

  • Higher Transaction Cost: Setting a higher limit for transaction cost serves dual purpose of ensuring that only large amounts of coins are transacted, giving incentive for people to hold and increasing the demand while lowering he supply in the market, and ensuring that after all coins have been mined, miners are still in a profitable position, making the network secure.
  • 90% Burn: Coins in circulation are reduced at a fast paced level through burning 90% of transaction fee. This means that Bitgesell will see an increased value of remaining coins as the supply is lowered.
  • Halving Each Year: Where Bitcoin takes on an average 4 years, Bitgesell will half every year, further reducing the coins available and achieving zero emissions in a span of a few years.
  • Fully Segwit Supported: Bitgesell is a network that has fully implemented the segwit protocol. The network is fast enough to withstand any kind of load and transactions will be confirmed at lightning speeds.

The BGL coin powers the Bitgesell as a medium of holding and exchange. Like its Bitcoin counterpart, there will be 21,000,000 BLG ever produced. With a block weight of less than 400,000 bytes, it is 10 times smaller than Bitcoin, making it lighter and faster. Download Bitgesell now on Windows, Linux, or MacOS X

Learn more about Bitgesellhttps://bitgesell.ca/

Join the Bitgesell community on Bitcointalkhttps://bitcointalk.org/index.php?topic=5238559 

 

Media Contact Details

Contact name: Emma Wu

Contact Email: wuemma@protonmail.com

Bitgesell is the sole source of this information.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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