CryptoCoins News, 1/1/0001 12:00 AM PST PayCoin–the much-hyped altcoin developed by GAW‘s Josh Garza–launched on December 12 to much fanfare and a highly-questioned top-tier market cap ranking. However, the PayCoin price has plunged since December 29, perhaps in part due to the recent PayBase security issues, as well as confusion about the full functionality PayBase’s Amazon integration. Also read: Josh Garza […] The post PayCoin Price Plunges to Ring in the New Year appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST As the profitability of mining has decreased over the years, those interested in Bitcoin have developed and investigated new ways of earning. Plenty of people offer real world services in exchange for Bitcoin. Some people use the wide array of ad-infested faucets which basically pay Bitcoin for one’s time. Still others mine other coins and […] The post Coinprofit.io – A New Way to Earn Bitcoin appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST In the spirit of making resolutions for the new year, members of the bitcoin community should look at 2015 with a fresh perspective. |
Business Insider, 1/1/0001 12:00 AM PST I know you're all tired of hearing me warn you about the level of stock prices, so today I'll turn the microphone over to Mr. Ambrose Evans-Pritchard of the Telegraph: Breaking my normal rule of discussing equity prices let me say only that the S&P 500 index of Wall Street stocks will not defy monetary gravity or the feedback loops of global stress for much longer. Half the earnings of US big-cap companies come from overseas, repatriated into a stronger dollar, and therefore worth less in reporting terms. The index has risen at double-digit rates for three years, further inflated this year by companies buying back their own shares at a pace of $130bn a quarter, often with borrowed money. The profit share of GDP is at a post-war high of 12.5pc (much like 1929), an untenable level as US wages start to rise and the balance of power swings back to labour. The S&P index measuring the price-to-sales ratio is higher today than at its pre-Lehman peak. Expect a shake-out of 20pc comparable to the LTCM crisis in 1998 when the wheels came off in Russia and East Asia, though don’t be shocked by worse. Emerging markets are a much bigger part of the world economy today, and their combined debt ratio is a record 175pc of GDP. So that makes a lonely handful us bears in the sea of fist-bumping, table-pounding bulls. (I share all of Mr. Evans-Pritchard's concerns. My own big concerns are based primarily on valuation — stock prices are higher than at any time in the past 130 years except 1929 and 2000 — and Fed tightening.) In case Mr. Evans-Pritchard's logic has dented your confidence that 2015 will be another great year — and in case you want to restore your full bullishness — here's Jeremy Siegel predicting that the Dow is headed to 2000. And I would be remiss in not pointing out that even Jeremy Grantham of GMO, who thinks there will be a mega-crash in the next year or two, believes the S&P 500 will ride the Fed's free money and the Presidential Cycle all the way to 2,250 or higher before it tanks. So you can always try to hang on for that last euphoric blowoff... SEE ALSO: Those Last Two Days Of 2014 Could Have Been The Beginning Of The End |
CryptoCoins News, 1/1/0001 12:00 AM PST Quiet trade keeps Bitcoin Price in a narrow range just above $300 and 1,900 CNY. On the first day of 2015, the charts have given us a short-term clue for the first time in days. CCN will be providing readers with technical analysis every day throughout the year. Bitcoin Price Analysis Time of analysis: 12h00 […] The post Bitcoin Price Noodles Down appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST The Financial Times is running a story titled “FT Predictions: the world in 2015” where Financial Times writers offer their forecasts for the year ahead, from the oil price to Putin’s next moves. Bitcoin makes the Financial Times list of important topics to watch with a headline “Will this be the year that bitcoin and […] The post Will Bitcoin Collapse in 2015? – Financial Times appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST The disappearance of 650,000 BTC from Mt Gox was due to internal system irregularities and not an external attack, reports a Japanese newspaper. |
Engadget, 1/1/0001 12:00 AM PST
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CryptoCoins News, 1/1/0001 12:00 AM PST The joint Japanese and American government investigation into the whereabouts of supposedly stolen Mt. Gox bitcoins has announced a key discovery. The Japan News, Japan’s largest English language newspaper, is reporting that fraud is the cause of the “disappearance of 99% of Mt. Gox bitcoins.” According to sources in the Metropolitan Police Department (MPD), only […] The post Japanese Police Suspect 99% of Mt. Gox Bitcoins Missing Due to Fraud, Not Transaction Malleability Hack appeared first on CryptoCoinsNews. |