How to get rid of ativsk.exe Bitcoin Miner Removal Guidance. Malicious process, Trojan: what is it, how to uninstall and remove

ativsk.exe miner is a kind of malicious software. It aims to steal user’s finance. It haunts such digital currencies as Bitcoin, Monero, DarkNetCoin, and others. You start suffer from this kind of threat in case of computer infection. Thus, particular anti-malware utilities will be in demanding. To keep your money safe, you will have to reconsider your online actions and take care of security level. Meet the most obvious ways of penetration. Let’s make a quick check your computer has an appropriate anti-virus.

ativsk.exe

ativsk.exe Trojan doesn’t waste time and turns infected computer into the robot for Bitcoin mining. Such activities remain secret for users, but the computer suffers greatly. The main targets are graphic and central processors that loses their power in favor of malicious absorber. That is why CPU usage becomes abnormal, computer freezes too often and the normal online and offline routine becomes impossible.

Keep in mind the fact that ativsk.exe Miner finds pretty well so it’s better to prevent its appearance than find the ways of its removal. You can increase the level of computer’s protection if you pay attention to own online behavior. Do not click on suspicious links, delete messages from unknown users unread, mind the installation process. Especially, be careful with download as most Trojans, viruses, adware and others come inside the system as bundled tool to free software. That is a possible way how ativsk.exe Miner could appear on your computer. However, we do not exclude the penetration due to leaks in the defense such as outdated databases. That is why attackers managed to inject Trojan inside the system.

If you are still not sure that ativsk.exe infected your system, check next symptoms:

  • CPU and graphic cards lose efficiency.
  • A great number of pop-ups appear on the screen.
  • Your sensitive information takes place in weird places.
  • PC upsets you with its work.
  • STEP 1.ativsk.exe automatic removal tool
  • STEP 2.ativsk.exe removal steps

ativsk.exe automatic removal tool:

Viruses, trojans and other malicious software are widespread nowadays. Gridinsoft company offers a great solution for all problems, which can be caused by malware, including the free scanner, virus remover and Reset Browser Settings tool to clean all popular browsers from ads, pop-ups, and redirects. In this guide, we will explain how to use GridinSoft Anti-Malware to clean your system and keep it safe from threats in future.

ativsk.exe removal steps:

  1. Download GridinSoft Anti-Malware and scan your computer with it.
  2. Anti-Malware Scan Process

  3. Click on “Fix Now” to remove all infections found after the scan is completed:
  4. GridinSoft Anti-Malware Scan Results

  5. Shut down all your available browsers.
  6. In GridinSoft Anti-Malware click on “Tools” and then on “Reset browser settings“:
  7. GridinSoft Anti-Malware tools tab

  8. Follow the instructions, select browsers you need to be reset, and click on “Reset” button. Finally, restart your computer to apply all made changes.
  9. Reset Browser Settings options

Prevent your system from being reinfected with ativsk.exe in the future

GridinSoft Anti-Malware offers excellent solution which may help to prevent your system from being contaminated with malware ahead of time. This feature is referred to as “Real-Time Protection”. By default, it is disabled once you install the software. To enable it, please click on “Protect” button and then “Start“:

GridinSoft On-Run Protection

This options helps you to prevent execution of malicious programs and to avoid their installation ahead of time. When certain malware tries to install itself into your system, GridinSoft Anti-Malware and its Real-Time Protection module will terminate this installation attempt ahead of time. You may click on “Confirm” button to continue blocking this malicious program, or to select “Ignore this file” and allow the malicious application to be installed (at your own risk):

On-Run Protection detect

(Visited 1 times, 1 visits today)

Bitcoin Price Prediction: Will Bitcoin Price Go up or It Will Hit Zero?

The Bitcoin price prediction has seen some wild swings recently.

Prices rallied to $9,000 levels and then fell.

With so much of price volatility, a lot of attention is diverted to Bitcoin price prediction.

The question is, will such high prices sustain over the longer term?

The prediction is that prices may go up as high as 200% in just one year.

This is after the recent 300% rally in Bitcoin prices.

In fact, it has doubled its value in 2017 alone.

But most market players are questioning the sustainability.

Their fear is what if bitcoin prices crash?

Well, you must remember that the operation module of a Bitcoin is very different.

Unlike stocks or bonds, these are far more volatile.

Though investors are very excited about this space, they have to remember some basic facts.

  • It does not operate like most conventional asset classes.
  • There is a risk of many scammers and hackers attacking investors and exchanges.
  • Gains from Bitcoins are liable to be taxed.

There is a school of investors who believe that Bitcoin is the next big trigger in the market.

But there are others who are convinced that it is perhaps the biggest bubble.

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1. The Goldman Sachs View on Bitcoin Price Prediction

In this context, let us analyze the prediction of some of the top brokerages and experts.

How is Goldman Sachs reading the Bitcoin price trend?

Despite the Bitcoin prices recovering after sliding to $6000, they sounded alarmed bells.

According to the expert here, most cryptocurrencies are likely to fall to zero.

Their contention is that the current iterations cannot be viable over long-term.

They consider these to be rather primitive.

It is both expensive and time-consuming at the same instance.

But most importantly, cybersecurity issue is the biggest concern.

There are innumerable cases of hackers attacking a user account.

So the long-term viability is one of the most important worries at this juncture.

However, they have also highlighted a possibility of these evolving and surviving.

But the lack of appropriate intrinsic value is one of the major problem points.

Experts often use the dotcom bubble example from the late 1990s.

Many of early entrants like Pets.com and toys have vanished today.

But at the same time, you have the likes of Amazon taking giant leaps forward.

They feel something like this can be expected in the cryptocurrency space too.

If you take a look, there are very few companies that exist the way they began.

When we mention success stories like Amazon, this too saw significant evolution.

So, you can say that may be the biggest cryptocurrency winner is yet to be created.

But at the same time, the Bitcoin has every chance of slipping further.

It is all a matter of time and essentially a wait and watch game.

– The Need for Evolution

Therefore, Goldman clearly sees the need for urgent and meaningful evolution.

They feel the lack of a convincing player in the current scenario is a key factor to consider.

This also makes it quite risky to predict who the ultimate winner will be.

However that said, this is not a prediction on sharp price rise.

Even if this is a bubble, there is hundred percent chance of a price rise.

Experts feel that even a bubble expands, select players can see a distinct price rise.

It goes on to highlight the complex composition of the Bitcoin dynamics.

On the one hand, you have wild price swings.

On the other hand, there is every possibility that this product develops further.

As a result, a price prediction is a tricky business.

There is every chance that there is a huge escalation in prices.

But the road ahead for Bitcoin is difficult to predict.

However, in the current scenario, the risk proposition is very high.

Any prediction will be based on uncertain price moves.

It goes without saying that the Bitcoin market is very dynamic.

That means that you cannot completely rule away constructive changes.

In fact, it calls for a serious relook into future price prediction.

– The Key Metric Is Crucial

However, not everyone is that pessimistic.

Independent Bitcoin analysts like Ronnie Moas see some glimmer of hope.

They expect Bitcoin to reach $100,000 levels if they can maintain current market share.

This prediction is primarily based on the crucial Key Metric.

He goes on to point out that the sharp correction in Bitcoin prices was due to China.

There was the news that Chinese Government and Lloyd Bank may ban buying with credit cards.

But he feels that the current market share is the most important element.

He feels investors may use this current downtrend to increase market share.

He feels this can turn out to be an extremely profitable investment.

Large sums of gold, stocks and other investment resources may be redirected.

Just imagine close to $230 trillion is accumulated in stocks, bonds, gold, and cash.

What if this amount eventually found its way to Bitcoin?

I am sure you agree that the price is deeply dependent on the supply-demand ratio.

So, if you channelize even 2% of $230 trillion, you will be staring at a $4 trillion market.

This is the most important aspect of this price prediction.

So Moas insists that the pricing will be a function of the overall market share.

So at the current 36% market share, it can easily reach $100,000 price level.

Even if you see the recent high, it will provide you with some direction.

With just 36% market share in December, Bitcoin hit an all-time high of $19,535.70.

The math is out there for you to calculate if there is a greater market share.

At this rate, it is not difficult to fathom the $100,000 estimate.

– Diversify Your Portfolio

2018 is all about regulatory threats to the Bitcoin.

There have been threats from South Korea, China and a complete ban on Facebook.

Sentiment has taken a further beating with $500 m hack in Japan and the AriseBank scam.

All of these no doubt impacted sentiment a lot.

As Moas mentions, it is always a good idea to diversify the cryptocurrency.

In this way, you can preserve capital and limit losses as much as possible.

This is a fundamental requirement in any type of investment.

Be it gold, stocks, bonds or any other asset.

The principles of investment remain the same.

If you want to maximize your gains, you have to diversify your gains.

Imagine, will you make money if you only invested in small caps.

Aren’t there enough examples of small caps that go bust as well?

You also have a number of IPO scams.

But all of these never force you to stop investing in the stock market.

In many ways, the Bitcoin also reflects the similar sentiment.

So when you are predicting the price of Bitcoin, you have to consider all of these elements.

It is important to mobilize your Bitcoin investment in an appropriate way.

This is how you can make sure that this does not go hit zero.

Upswings and downturns are part of any investment cycle.

But if you want to come out of it unscathed, you have to undertake serious diversification.

You cannot take a position on just Bitcoins in isolation.

It goes without saying that Bitcoins are the most popular of this tribe.

But any prediction about the prices will have to include the entire space.

2. Nouriel Roubini’s Bitcoin Price Prediction

Now let us consider what Dr. Doom has to say about the future of Bitcoin.

It is important to take into consideration his views on this investment avenue.

Well, he predicts a crash in Bitcoin prices in future.

Roubini expects bitcoin prices to hit zero going forward.

With the US Congress addressing a hearing on this issue, this point of view is rather important.

Roubini has even warned investors to hold on for their dear life.

He expects severe selling in Bitcoin on the back of price volatility.

This is expected to lead to significant correction below the $6000 levels.

Bitcoins currently are close to the $5000 levels.

There is expectation of an even more serious correction going forward.

That is primarily the biggest concern as per Roubini.

He feels while scammers may sell out positions and book profit, genuine investors may get stuck.

According to Roubini, several techniques in Bitcoin trade are to be blamed as well.

Some traders use the ‘wash’ technique to push up prices.

This means that traders are buying and selling their own orders.

This is primarily done to push up prices.

As the price dips further, the fear is wash traders become more active.

For example, now that the prices are below the $5K mark, wash traders may try to push up rates.

The lack of regulatory move on this regard is a concern.

But if you pay heed to Roubini’s view, his call is a SELL on Bitcoin.

3. Coindesk Chief Silbert Predicts Crash in Bitcoin

Here is another influential view on the Bitcoin Prediction.

Often we believe that industry veterans have the best view.

This is because they are constantly going through the various ups and downs in the market.

That means they have the exact pulse of the industry dynamics.

So who better in this case than the Coindesk chief?

So what does the CEO of cryptocurrency holding company Digital Currency Group says?

Well, the bad news is he too warns investors about a potential crash.

Not just Bitcoin but also Ethereum and Zcrash are likely to crash as per Silbert.

His prognosis is based on the fact that most of these tokens don’t have actual utility.

Most of these are not very different from each other.

What may stand the test of time is perhaps digital gold.

He feels that this is perhaps the only counter that can see considerable appreciation.

He feels this is the only privacy-focused token.

However, he claims all this is simply a prediction about the long-term trend.

Nothing is going to happen overnight on this count.

Perhaps, in this case, he is looking at a 20-30 year timeline.

But you can also gauge the sentiment with the latest offerings from Coindesk.

Despite this long-term warning, they are investing in new tokens.

They are looking at new tokens like Civic, Blockstack, Colu, Unikoin Gold and many others.

This proves that despite the notes of caution, the immediate future looks promising.

Otherwise one of the best known Bitcoin Exchanges will not deploy resources for newer tokens.

Another interesting fact is that they also anticipate user demand.

Otherwise what will be the point in developing new currency?

As of now, Bitcoin on CoinMarketCap around $8300 is one of the most valuable cryptocurrency.

4. Bitcoin Price Prediction: The ECB View

Now let us train our guns on the Bitcoin prediction by the ECB.

According to the European Central Bank, all cryptocurrencies are volatile.

Their prices are cardinally speculative in nature.

The question then is what kind of value you can ascribe to these AltCoins.

Well as the concerns about Bitcoin grow, the ECB is planning more regulation.

The ECB says that it is not advisable to ignore the threats posed by cryptocurrencies.

They feel if the bridge between virtual and real collapse, there will be a huge liquidity drain.

That can never be good news for global currencies.

While there is no clear prediction on price movement, there is an emphasis on information.

That alone is expected to safeguard real currency value for people.

They are worries that these virtual currencies can cause huge disruption.

The question now is how much will be the extent of this.

The timeline for this is also extremely crucial.

Often the timing of the crash more than the actual extent of it causes the damage.

This is perhaps why the ECB viewpoint is so important at this juncture.

It highlights the complex nature of the overall dynamics.

In fact the ECB chief, Draghi has called Bitcoins as high-risk investment.

He also emphasized that the European Central Body is working to assess the overall risk.

Given the challenges revolving around virtual currency, this is particularly worrying.

This clearly highlights the associated risk in the entire dealing of the currency.

In many ways, it is also an indication of the global uncertainty about Bitcoin.

This particularly makes it important to have a clear handle on the price outlook.

5. Bitcoin: Prediction of Overall Prices

If you compile the views of a range of analysts, Bitcoin price prediction is really interesting.

By 2022, this cryptocurrency may actually be nearing the $100,000 mark.

While leading experts have raised concerns, the average sentiment on street is buoyant.

Regular investors are working with $76,000 target by 2022.

That means it will be wrong to prepare for a crash anytime soon.

They expect the prices to rise to $24,000 from $8000.

Now this will be interesting after prices already doubled in 2017.

These prices can work to douse the flames of uncertainty around Bitcoin.

Most analysts feel that a Bitcoin crash is unlikely in the near future.

But yes, like Silbert mentioned value erosion could happen.

But none of it will be an overnight development.

These are gradual, tried and tested routes to mobilize resources.

In fact, a group of experts sees Bitcoin prices scaling $50,000 is little over a year.

This goes on to highlight the relative market excitement about this currency.

Perhaps it also explains the higher highs it hits after every crash in prices.

Overall the Bitcoin Is Not Expected to Hit Zero

The question then is why is there so much of negative sentiment about Bitcoin?

If the street does not predict prices hitting a zero, why is the investor community so worried?

I feel the relative lack of awareness about Bitcoin is a key catalyst for it.

People are primarily unaware of the dynamics of Bitcoin trade.

Additionally Bitcoin prices are very volatile, and they have wild swings.

This also makes it easy for speculators to take positions and route illegal money.

However, with better regulation, this problem can be weeded out.

Overall the Bitcoin is not expected to hit zero.

A fresh high and trebling of current value is the most common Bitcoin price prediction.

The market also predicts Bitcoin hitting north of $76,000 by 2022.

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Bitcoin billionaires turn to millionaires as cryptocurrency world gets cold feet

Last week, Forbes Magazine, known for tracking the world’s most wealthy individuals, published a new rich list. The “Crypto billionaire’s club”, a who’s who of those who have the most valuable stakes in cryptocurrency, looked like the coming of age for a new wave of tech geeks who had become extraordinarily wealthy.

At the top of the list was Chris Larsen, the co-founder of the Ripple currency, with a net worth of up to $8bn (£5.8bn). Others included Zhao Changpeng, the founder of the mega Bitcoin exchange Binance, and Cameron and Tyler Winklevoss, the identical twin rowers who invested millions in Bitcoin after suing Mark Zuckerberg, claiming he stole the idea for Facebook from them.

But there was a catch. By the time Forbes had got around to publishing the list, most of the 10 “billionaires” on the list were no longer worth that much.

Last week a mass sell-off of cryptocurrencies saw prices Read more from telegraph.co.uk…

thumbnail courtesy of telegraph.co.uk

Read More

Pantera Capital CEO: Bitcoin Bear Market About to Turn Bullish

Bitcoin’s bear market got you feeling blue? Well, cheer up! Dan Morehead, the founder and CEO of Pantera Capital, thinks the best is yet to come.
The Bear Cycle Is Coming to an End
Dan Morehead, the founder and CEO of Pantera Capital, went on CNBC’s Fast Money earlier this week, where he made some seriously bullish statements about Bitcoin and the cryptocurrency market as a whole.

Despite Bitcoin’s recent and sharp correction, Morehead thinks everything is ultimately right on track. Using history as an indicator, he claims Bitcoin’s severe drop in price is actually totally normal. Additionally, he predicts Bitcoin will start rising in the next couple of weeks, explaining:
We’re certainly aware that it’s a very speculative market. It’s volatile on the upside, but it can be volatile on the downside. But we’ve had a 64 percent fall from its peak to the trough a couple of days ago and that’s actually exactly the average decline in the Bitcoin market over the last seven bear-market cycles. So—the past doesn’t predict the future—but it seems like …

Read more –> click here all content is copyright Bitcoinist.

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Zcash Market Report: $ZEC Making Up for Bitcoin Crash Losses

Brief:


Zcash is making up for losses suffered in the latest bitcoin crash with good daily and weekly increases. Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56. The Zcash marketcap is $1,403,550,348 with a circulating supply of 3,237,269 $ZEC. $ZEC/BTC is trading between a 24hr high of 0.053460 BTC ($433.56) and a 24hr low of 0.045801 BTC ($371.44) on a 24hr Huobi volume of $14,606,200. This trading volume is heavy. The weekly price trend is mixed.

$USD

last price $ 433.56
one week ago $ 330.32

Price change

Price change is the $ZEC percentage change within the period:

period change
day 15.17%
week 31.25%
month 19.23%

Volume

$ZEC 24 hour volume
BTC $14,606,200
all $ZEC currencies $111,900,000

The 24 hour volume for $ZEC/BTC on Huobi is $14,606,200. This volume weight is heavy when compared with Huobi daily trading levels for $ZEC over the last month.

The total 24 hour volume for all reporting $ZEC markets is $111,900,000.

Market Share

The Huobi currency pair $ZEC/BTC is 13.05% of all $ZEC traded in twenty-four hours.

Top 15 $ZEC Pairs

Remarks

Zcash is making up for losses suffered in the latest bitcoin crash with good daily and weekly increases. Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56. The Zcash marketcap is $1,403,550,348 with a circulating supply of 3,237,269 $ZEC. $ZEC/BTC is trading between a 24hr high of 0.053460 BTC ($433.56) and a 24hr low of 0.045801 BTC ($371.44) on a 24hr Huobi volume of $14,606,200. In heavy volume trading the weekly trend is mixed.

One Year Chart

One Day Candles

Browse Zcash Collection

Learn about the unique characteristics of $ZEC. Browse our collection of Zcash Market Reports.

Friday February 09 2018 Bitcoin Background

Altcoins such as Zcash ($ZEC) may show a relationship with Bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
6.08% price $8,219.18
vol $9,221,180,000
mktcap $138,524,514,514
16.85M #XBT 00:15 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Two Days Ago

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56.

Data sources

Main Data Source

Huobi is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Huobi.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are data products from KittyBitcoin.com

Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Zcash market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 1,403,550,348
Circulating supply 3,237,269
Last price $ 433.56

Daily High Low

daily high 0.053460 BTC
daily low 0.045801 BTC

Trend

The weekly trend is mixed.

Trend is “mixed” when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 0.053460 BTC
week 0.053460 BTC

Today’s last price is the high of the week.

Support

Support is the lowest price within the period:

period support
day 0.045801 BTC
week 0.038202 BTC

Market sentiment

Market sentiment is bullish.

Summary

Zcash is making up for losses suffered in the latest bitcoin crash with good daily and weekly increases. Zcash is up 15.17% in 24 hours, up 31.25% on the week and up 19.23% on the month on a last price of 0.053460 BTC or about $433.56. The Zcash marketcap is $1,403,550,348 with a circulating supply of 3,237,269 $ZEC. $ZEC/BTC saw weekly resistance at 0.053460 BTC ($433.56) and weekly support at 0.038202 BTC ($309.81). Market sentiment is bullish. The weekly price trend is mixed in daily heavy volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

Printed

This report was printed on Friday February 09 2018 00:54 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

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First Bitcoin to Bitcoin Luxury Real Estate Sale Completed

A cryptocurrency investor has sold his luxury Miami home for 455 Bitcoin making it the most expensive Bitcoin to Bitcoin real estate transaction to date.

Miami Mansion sold for Bitcoin

Michael Komaransky initially listed his seven-bedroom home in Miami’s wealthy Ponce Davis neighborhood for 6.5 million dollars payable in either cash or Bitcoin in August 2017.

He told the Miami Herald at the time that he wanted to take Bitcoin in order ‘to show people that real-world goods and services are payable in Bitcoin and Bitcoin Cash.’ The sale officially closed on February, 1 for 455 Bitcoin worth 6 million dollars at the time.

The transaction was made completely in Bitcoin, meaning there was no conversion to US dollars, making it not only the most expensive real estate transaction but also only the second pure Bitcoin real estate sale in Florida.

According to Pulse Real Estate, the buyer is also an early Bitcoin investor who like  Mr. Karmonsky wanted to demonstrate that Bitcoin is a real currency that can be used to pay for most anything.

“(Bitcoin) is digital currency that no one controls, and it’s a very, very liberating currency. And there’s not much use to a currency if you can’t spend it somewhere.”

Bitcoin trader and evangelist Ivan “Paychecks” Pacheco who co-founded the cryptocurrency website Bits to Freedom was the first to buy real estate purely with cryptocurrency.  Paying 17.741 Bitcoin ($275,000 at the time) for a condo, also in Miami. All earlier real estate transactions in the US involving Bitcoin were converted prior to the completion of the sales.

Cryptocurrency may be preferred in the future

Bitcoin for real estate seems a perfect fit as the currency is border-less and can be transferred with a minimum of third or fourth party involvement reducing middleman and processing fees.

Bitcoin-real estate is counting on that fact as a site dedicated to listing worldwide properties for sale in cryptocurrency.

Critics point out Bitcoins early reputed involvement with criminal activities and that using it to purchase real estate is an easy way for criminals to launder and move wealth across borders without detection. Which is historically how international criminals have cleaned ill-gotten fiat currency.

Komaransky who retired at 38 from his career as a trader founded a cryptocurrency trading business at DRW Holdings in 2014. He made news twice before in attempts to buy Florida real estate in Bitcoin to Bitcoin sales but had to relent to converting to Dollars in both cases.

The post First Bitcoin to Bitcoin Luxury Real Estate Sale Completed appeared first on NewsBTC.

Bitcoin buyer loses $440,000 in matter of weeks after sudden collapse

Alix, who has no background in finance or computers, dived into bitcoin after reading reports about it in the media. 18:00, UK,
Tuesday
06
February
2018 By Joe Tidy, News Correspondent A man who invested in bitcoin has spoken to Sky News about watching his holdings drop by $440,000 in a matter of weeks following the sudden collapse of the cryptocurrency.

Alix, who did not want to give his full name, saw the value of his bitcoin drop from almost $600,000 at Christmas to $160,000 this week. Despite the fall, he says he is confident about his investment, and that he believes bitcoin’s peak is still a long way off.

“I started in September 2017 with about $41,000 invested and it gradually hit almost $600,000 around Christmas, which was awesome. But now it’s $160,000.

“I’m not worried about losing all my money. It won’t vanish into thin air, it will have its peaks and troughs, there is going to be mass influxes and mass exoduses of money.”

Bitcoin fell as low as $5,920 (£4,250) on Tuesday, according to Bitstamp Exchange, down 13% on the previous day amid worries about a global regulatory clampdown. The decline comes following a huge surge in 2017, when it started the year at about $900 (£650) and went on to top $20,000 (£14,400) in December. Read more from news.sky.com…

thumbnail courtesy of sky.com

NFL Players Interested in Tackling Bitcoin, Securing Futures with Cryptocurrency

Bitcoin and other cryptocurrencies are on the tips of many people’s tongues these days, and now professional athletes in the National Football League are looking to get in on the action.
Pro Bowl Bitcoinist
The future is always uncertain, even for highly paid professional athletes. With Bitcoin and other cryptocurrencies becoming more mainstream, NFL players are starting to get involved.
One player leading the charge among his professional colleagues is the Seattle Seahawks’ cornerback and four-time Pro Bowler Richard Sherman, who began accepting Bitcoin – which he calls “the currency of the future” – as a method of payment for his official merchandise in 2014.
Sherman claims a lot of NFL players are discussing Bitcoin these days, telling CNBC that ever since the dominant cryptocurrency shot up to $19,000, “it has been common conversation for a lot of us.”
The prolific cornerback is currently nursing an injury to his Achilles tendon and has used the time to study up on the whole cryptocurrency market. He’s happily invested in Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH), as well as zero-fee cryptocurrency exchange Cobinhood (COB).

Knowledge is power! This is what I’ll be …

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Major Banks Ban Bitcoin Purchases On Credit Cards

Major Banks Ban Bitcoin Purchases On Credit Cards

CNBC, J.P. Morgan Chase, Bank of America, and Citigroup all announced the new restrictions as the price of Bitcoin plummeted to below $10,090 on Friday, less than half of the high of over $23,963 it hit in mid-December.

“At this time, we are not processing cryptocurrency purchases using credit cards, due to the volatility and risk involved,” a Chase spokesperson told CNBC. “We will review the issue as the market evolves.”

Capital One banned credit card purchases of cryptocurrencies last month, and Discover has had a ban in effect since 2015. Per Bloomberg, the bans are designed to prevent customers from making hugely risky purchases on their credit lines or scammers from buying cryptocurrency and disappearing:

Allowing purchases of cryptocurrencies can create big headaches for lenders, which can be left on the hook if a borrower bets wrong and can’t repay. There’s also the risk that thieves will abuse cards that were purloined or based on stolen identities, turning them into crypto hoards. Banks also are required by regulators to monitor customer transactions for signs of money laundering – which isn’t as easy once dollars are converted into digital coins.

As Bloomberg noted, the ban doesn’t necessarily affect debit cards.

Bitcoin’s free-fall from $25,224 shows no signs of slowing down, and the conventional wisdom that the currency was not likely to dip back below $12,612 hasn’t held up. Bitcoin alone has lost nearly $252 billion, while virtually all of the major cryptocurrencies are also seeing major losses recently.

Numerous countries are moving to either regulate or ban cryptocurrency, including India and China. Even in the U.S., which has taken a more laissez-faire approach towards crypto, the Internal Revenue Service has begun collecting customer records from major exchanges in a bid to hunt down tax evaders.

On the commercial side, some financial tech companies like Jack Dorsey’s Square or trading app Robinhood have made it easier to buy Bitcoin or other tokens like Ethereum, CNBC noted. But Facebook recently banned all cryptocurrency ads for frequently being associated with financial grifts, and numeroushigh-profilescams have scared many newcomers away from the space.

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