News posts

All News - local checked
+ 1 old fix

_i18n/en/_posts/2017-03-01-TwoGeneralBytes.md

@@ -15,4 +15,6 @@ This ATM is one of two General Bytes machines to implement the recent software u
 
 A second CryptoDiggers DASH ATM also came online today in the OC Danubia Shopping marketplace in Bratislava, located on Panonska cesta 16 Street, according to [CoinAtmRadar](https://coinatmradar.com/bitcoin_atm/1379/bitcoin-atm-general-bytes-bratislava-oc-danubia-shopping/)
 
-Including today's installations by the CryptoDiggers team, there are now three DASH-supporting ATMs in the world; the Cash2BTC ATM, located at the Bitcoin Center in NYC, also supports DASH, but it requires SMS verification and has 10% fees. 
+Including today's installations by the CryptoDiggers team, there are now three DASH-supporting ATMs in the world; the Cash2BTC ATM, located at the Bitcoin Center in NYC, also supports DASH, but it requires SMS verification and has 10% fees. 
+
+<http://www.razor-forex.com/2017/02/first-general-bytes-dash-atm-goes.html>

_i18n/en/_posts/2017-03-10-Q4.md

@@ -0,0 +1,7 @@
+---
+author: tungfa
+layout: post
+image: "2017-03-10-Q4.png"
+title: "Dash Core Team Q4 2016 Summary Call: "
+---
+<iframe width="560" height="315" src="https://www.youtube.com/embed/4te9Yydy8cc" frameborder="0" allowfullscreen></iframe>

_i18n/en/_posts/2017-03-10-priceexplained.md

@@ -0,0 +1,76 @@
+---
+author: tungfa
+layout: post
+image: "2017-03-10-priceexplained.jpg"
+title: "Dash Price Rise, Explained"
+---
+
+1.
+What happened with Dash?
+Over the past two weeks, the price of Dash [has skyrocketed](https://cointelegraph.com/news/dash-reaches-dizzying-highs-as-enthusiasm-for-number-3-crypto-grows), its value has gone up by more than 100 percent.
+
+The rise has started at around the $20 to $22 mark and reached as high as $57.89 on March 2. As of the time of writing, the value has retraced somewhat but is still at a very high mark of about $52.
+
+This incredible surge has taken Dash higher on the list of all cryptocurrencies by their market capitalization, displacing the previous favorites Ripple and Litecoin. Right now, Dash is the third most popular cryptocurrency, right after the undisputed leaders - Bitcoin and Ethereum.
+
+The sharp increase is unprecedented in Dash’s history and the cryptocurrency community is now trying to [discover and analyze](http://thedashtimes.com/2017/03/03/dash-becomes-third-valuable-cryptocurrency-based-market-cap/) why it happened.
+
+In addition, the average daily trading volume of Dash is now similar to that of Ethereum, the second-most-popular cryptocurrency after Bitcoin: $25 mln vs. $29 mln respectively. The altcoins have similar trading volumes despite a wide discrepancy between their capitalizations: $1.6 bln for Ethereum and $376 mln for Dash. That indicates an unusually high interest from Dash’s investors.
+
+2.
+What is Dash?
+[Dash](https://www.dash.org) is an altcoin with a focus on privacy and high speed of transactions.
+
+Dash is a cryptocurrency alternative to Bitcoin. Created in January 2014 and called “Darkcoin” at the time, it was a fork of Bitcoin, meaning that its code was heavily based on that of Bitcoin.
+
+The developers were trying to remedy some aspects of Bitcoin that they considered weak, which resulted in rather serious differences between the two.
+
+Its proprietary technologies InstantSend and PrivateSend allow the users to send transactions in a very quick and absolutely anonymous manner, respectively. This is a [stark contrast to Bitcoin](https://cointelegraph.com/explained/bitcoin-scaling-problem-explained), whose network can take anywhere from 10 minutes to several hours to confirm a transaction, and the transactions themselves are now less anonymous than ever, thanks to the advances in the field of the Blockchain forensic analysis.
+
+Another major feature is an [autonomous governance system](https://cointelegraph.com/news/pr-decentralized-how-dash-succeeded-in-dao-powered-public-outreach), which allows the Dash network to allocate resources for the development and marketing of the coin by voting on proposals. A proposal can be created and introduced to the network by any person.
+
+For example, Amanda B. Johnson, who formerly wrote for Cointelegraph, has introduced her [proposal](https://www.dashcentral.org/p/dash-detailed-2-shows) for a periodic show about Dash called “DASH: detailed”, which has been successfully funded by the network and is now regularly uploaded to the cryptocurrency’s [official Youtube channel](https://www.youtube.com/channel/UCAzD2v9Yx4a4iS2_-unODkA/videos).
+
+To sum this up, Dash can be described as a faster and more anonymous alternative to Bitcoin, with an added feature of smart decentralized governance which streamlines the process of improving and marketing the coin.
+
+3.
+What has Dash price been so far?
+The price has been relatively stable for the most part of the coin’s existence.
+
+Apart from a short period of growth and decline back in May to September 2014, the [price graph](http://coinmarketcap.com/currencies/dash/#charts) has been steady, until recently.
+
+Dash has been gradually growing up from the lows of $1 to $2 to an average of $7 to $10 in late 2016, with no significant price spikes to speak of. So the current turbulence is the first one in the history of the coin.
+
+4.
+What are the reasons for the surge in Dash price?
+The surge is likely to have been caused by a combination of factors, such as development news about Dash and speculative activity.
+
+For one, there has been major news impacting the user value of Dash: the coin [has partnered](http://thedashtimes.com/2017/02/27/dash-partners-with-blockpay-to-enable-point-of-sale-purchases-at-brick-and-mortar-stores/) with a digital payments service BlockPay, in order to enable point-of-sales payments of Dash. This can potentially result in a significant boost to Dash’s usability, as direct payments in brick and mortar shops are a rare option for any cryptocurrency, even Bitcoin. However, that news alone could not make Dash the third most popular coin.
+
+One more possible reason for the sudden spike is thought to be speculative activity. Poloniex, an online cryptocurrency exchange, is a place with the largest amount of Dash trading volume, by far. Poloniex also offers margin trading option. It means that a person allows a trader to use their assets to make deals in exchange for a percentage commission.
+
+This environment has resulted in large amounts of ‘shorting,’ which is a controversial practice of selling borrowed assets, in this case, Dash with an expectation of a decrease in value. After the supposed price drop, the traders then buy the assets back at a lower value, return it to the lender and pocket the difference.
+
+However, if in reality the price instead increases, it may result in a situation known as ‘[short squeeze](http://www.investopedia.com/terms/s/shortsqueeze.asp).’ When a shorting trader sees a slight increase in price, they may decide to buy back at a loss, in order to prevent the possibility of even larger losses, in case the price keeps growing. That creates a positive feedback loop, whereby a growing price provokes shorters into selling, and them selling drives the price even further up. This is seemingly what happened with Dash.
+
+So, ultimately, the price spike has been caused by the combination of positive news about the cryptocurrency and the speculators’ reaction to that news.
+
+5.
+What is to happen next with Dash?
+Possible retracement and stabilization in between the pre-surge price level and the current value are expected.
+
+Because of the speculative trading, the price is likely to backtrack some of the gains it’s made over the past month.
+
+However, an evening out at the current level or even a continuation of growth are not impossible scenarios either, so we’ll have to wait for some time before making definitive conclusions.
+
+6.
+Are there other examples of cryptocurrency price surges?
+There are some. Bitcoin, for instance, has experienced a similar scenario back in late 2013 to early 2014.
+
+Arguably, the most famous example of a price surge has been the rise of Bitcoin’s price in November to December 2013, albeit it was on a larger scale. Often called [the Bitcoin bubble](https://cointelegraph.com/news/bitcoin_s_slick_willy_insider_bots_behind_the_bitcoin_bubble), the event has seen the price of the cryptocurrency go up from a little over $100 to well above $1000. That surge has likely been caused by similar factors: news coverage coupled with an influx of speculative traders.
+
+The price spike was followed by heavy-handed regulations issued by People’s Bank of China and the collapse of the Mt. Gox, the then-largest Bitcoin exchange in the world, which resulted in the price dropping to around $400 to $500.
+
+Despite the obvious differences between the two scenarios, the movements of the Dash price have so far been quite reminiscent of those of Bitcoin back in late 2013. So, it is quite reasonable to expect a similar outcome this time around.
+
+<https://cointelegraph.com/explained/dash-price-rise-explained>

_i18n/en/_posts/2017-03-11-SEC.md

@@ -0,0 +1,44 @@
+---
+author: tungfa
+layout: post
+image: "2017-03-11-SEC.jpg"
+title: "The biggest threat facing bitcoin has nothing to do with the SEC"
+---
+Many bitcoin analysts fear that if the Securities and Exchange Commission rejects the Winklevoss Bitcoin Trust, or one of its two rivals, the price of the cryptocurrency could plunge dramatically.
+
+But the biggest threat to the cryptocurrency’s lofty valuation has nothing to do with the U.S. federal government. Rather, it comes from within.
+
+See: [What the SEC needs to do to approve the Bitcoin ETF](http://www.marketwatch.com/story/what-the-sec-needs-to-do-to-approve-the-bitcoin-etf-2017-03-08)
+
+So far, the bitcoin community has been unable to settle on a solution to a perennial problem plaguing the network—namely, the digital currency’s inability to process transactions quickly and efficiently, a feature known as “scalability.”
+
+
+While its limited processing capacity likely won’t hamper trading in an exchange-traded fund, it could eventually cause frustrated users to migrate to one of bitcoin’s rivals, said Chris Burniske, blockchain analyst and products lead at ARK Invest.
+
+![Alt desc](/assets/img/2017-03-11-charts.png)
+
+The authorized market participants who handle the actual trading associated with the fund will likely settle most of these transactions through a secondary network that would limit the stress on the blockchain, the immutable digital ledger that records every bitcoin transaction. The blockchain, considered the most revolutionary innovation associated with bitcoin, requires every user running the bitcoin software to independently confirm each bitcoin transaction, protecting the network from manipulation by hackers.
+
+But regular users are waiting longer and longer for their transactions to be confirmed. Average confirmation time on Feb. 3 was nearly eight hours, though it’s typically closer to 90 minutes.
+
+Transaction fees are increasing in line with network demand. The total value of all transaction fees paid to the virtual miners who power the bitcoin network rose to 270 bitcoins (or about $320,000) on Wednesday, its highest level in nearly a year. Meanwhile, total transaction volume was $333 million, yielding an average fee of 10 basis points, according to data provided by blockchain.info.
+
+While that is comparatively tiny relative to the enormous fees customers would pay to another more conventional payment service like Western Union, it’s important to note that smaller transactions require proportionally larger fees, and often take longer to process. Eventually, those who’d like to use bitcoin for its original intended purpose—payments—could become frustrated and leave the network in favor of one of the myriad other cryptocurrencies, Burniske said.
+
+Members of the bitcoin community have been debating how best to resolve these issues since the spring of 2015. But so far, none of the proposals put forth have garnered even close to the level of support necessary to implement them.
+
+Back in 2015, Gavin Andresen, one of bitcoin’s lead developers, proposed updating the digital currency’s software to increase the size of individual blocks, which would certainly speed up network processing speed, but could weigh on miners’ profitability. Eventually, critics fear, this could lead to the largest mining pools consolidating their power over the network, betraying one of bitcoin’s core principles: That its users govern by consensus.
+
+Another proposal, known as SegWit—short for segregated witness—was introduced to the broader bitcoin community in late 2015 during the second bitcoin scaling conference in Hong Kong. Simply put, if enacted, it would direct a larger percentage of transaction data over secondary networks, freeing up space on the blockchain.
+
+For SegWit to become a reality, miners representing at least 95% of the network’s computing power would need to signal their support. Right now, support is floundering around the 25% level, according to Blockchain.info.
+
+Right now, bitcoin’s network can process about three transactions a second. While bitcoin devotees have apparently taken this in stride, the increasing congestion could eventually inspire some to migrate to one of bitcoin’s many rivals like Dash and ethereum, which both boast faster transaction times.
+
+To be sure, not everyone believes bitcoin’s inability to scale will dissuade more users from flocking to the network.
+
+“Bitcoin is really something that you move infrequently, in large quantities,” said Chris Dannen, founder of Iterative Instinct, an equity fund that trades crypto-assets. “It isn’t going to be the microtransaction panacea that a lot of bitcoin enthusiasts describe it as being.”
+
+The SEC is expected to issue a decision on whether to authorize or reject the proposed Winklevoss ETF by the end of the week. If approved, trade on the BATS exchange under the ticker “COIN.” A single [US:BTCUSD](http://www.marketwatch.com/investing/stock/us%3abtcusd?countrycode=&mod=MW_story_quote)  as worth $1,162 on Wednesday, according to CoinDesk’s bitcoin price index. That is down from an all-time high near $1,300 reached over the weekend.
+
+<http://www.marketwatch.com/story/the-biggest-threat-facing-bitcoin-has-nothing-to-do-with-the-sec-2017-03-09>

_i18n/en/_posts/2017-03-12-dd1.md

@@ -0,0 +1,7 @@
+---
+author: tungfa
+layout: post
+image: "2017-03-12-dd1.png"
+title: "The first DD Spotlight! "
+---
+<iframe width="560" height="315" src="https://www.youtube.com/embed/lXI7Y26adCE" frameborder="0" allowfullscreen></iframe>

_i18n/en/_posts/2017-03-12-woscryptoshow.md

@@ -0,0 +1,9 @@
+---
+author: tungfa
+layout: post
+image: "2017-03-12-woscryptoshow.png"
+title: "Wall of Coins on The Crypto Show"
+---
+<iframe width="100%" height="166" scrolling="no" frameborder="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/311648310&amp;color=ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false"></iframe>
+
+<https://letstalkbitcoin.com/blog/post/the-crypto-show-with-robert-genito-from-wall-of-coins>