Well done VCX all my trust in crook hands
Topic: VCXCoin is a potential project for visionary investors! (Read 1319 times)
Website closed, facebook disapear...OK, thank you again for these Crypto easy Scams.
Well done VCX all my trust in crook hands
Well done VCX all my trust in crook hands
This market is very saturated, i'm not sure if this coin will see any success
Thailand plans to tax cryptocurrencies Thailand's government wants to regulate the nascent Crypto market, and tax its investors to prevent the expanding sector from being used for money laundering, tax evasion, and other criminal activities.
This action is taken by Finance Minister Apisak Tantivorawong after a weekly cabinet meeting on Mar. 27.
With the new law regulating Cryptocurrencies and tokens, investors will have to pay 7% VAT on all transactions made with digit currencies and a 15% on the return profit.
Earlier, the Central Bank of Thailand has banned domestic banks from investing in and trading digit currency, which caused insecurity for local investors.
Korn Chatikavanij - former Finance Minister and president of the Thai Fintech Association (TFA) - shared that he is not surprised by the cautious steps taken by the Ministry of Finance and the Central Bank. "But they have to be cautious not to allow their conservative instincts to result in draconian regulations," Korn told the Nikkei Asian Review.
Companies operating in the field of Cryptocurrency in Thailand are also facing many challenges, and Thai entrepreneurs that tend to have an ICO are more likely to choose Singapore to register their startups.
Six.network, a decentralized financial services infrastructure of a Thai-Korean joint venture, is one example. The company is registered in Singapore and recently announced an ICO in Bangkok to raise $ 44 million on March 27.
Natasha Pungcharoenpong, co-founder of Six.network, said that his company is cooperating with the Office of the Securities and Exchange Commission (SEC)to avoid any glitches. "The company has already approached the office to constantly clarify the operation to ensure transparency”, he told attendees at the ICO launch event at a Bangkok.
However, everything is still in the plan. In the meantime, Thai investors should be prepared by means before this regulation plan is officially adopted.
#VCXCoin
Being warned by Japan, the world's largest cryptocurrency Exchange "run" to EU
In a conversation with Bloomberg, Zhao Changpeng - Binance CEO – shared a plan of opening an office in Malta. Mr. Zhao also said that Binance would soon launch a cryptocurrency exchange service and is close to reaching an agreement with Malta banks in providing access to deposits and withdrawals.
"We are very confident we can announce a banking partnership there soon”, Zhao said. “Malta is very progressive when it comes to crypto and fintech.”
Binance was founded in Hong Kong in 2017, and then quickly became the world's leading cryptocurrency trading platform.
However, since last year, the China Regulatory and that of United States have tightened their control on cryptocurrency trading, making it more difficult for Binance to find a permanent office.
Binance once had Japan but eventually decided to leave Japan to avoid conflict with the authorities.
Mr. Zhao also revealed that Binance had talked to the Hong Kong Authorities, but things are still uncertain.
It seems that Malta is a good choice for Binance as it has become a home for cryptocurrency investors. Malta government has organized a number of public consultations about cryptocurrency regulation, issuance and trading platform.
Last month, Malta announced their plan in establishing a Digital Creation Agency, which regulates businesses and their operations in cryptocurrency field, as well as create a legal framework for ICOs.
Mr. Zhao had been invited by the Government of Malta to preview a draft bill supporting digit currency business.
Binance's transaction volume per day is currently around $ 1.7 billion, more than its competitors
Binance is also working on a decentralized cryptocurrency exchange platform in the upcoming month. Top ten groups of Binance are now developing such platform. Still, it would take quite a time until it could replace the existing trading platform of Binance, said by Mr. Zhao.
#FromWorldNews
#VCXLending
In a conversation with Bloomberg, Zhao Changpeng - Binance CEO – shared a plan of opening an office in Malta. Mr. Zhao also said that Binance would soon launch a cryptocurrency exchange service and is close to reaching an agreement with Malta banks in providing access to deposits and withdrawals.
"We are very confident we can announce a banking partnership there soon”, Zhao said. “Malta is very progressive when it comes to crypto and fintech.”
Binance was founded in Hong Kong in 2017, and then quickly became the world's leading cryptocurrency trading platform.
However, since last year, the China Regulatory and that of United States have tightened their control on cryptocurrency trading, making it more difficult for Binance to find a permanent office.
Binance once had Japan but eventually decided to leave Japan to avoid conflict with the authorities.
Mr. Zhao also revealed that Binance had talked to the Hong Kong Authorities, but things are still uncertain.
It seems that Malta is a good choice for Binance as it has become a home for cryptocurrency investors. Malta government has organized a number of public consultations about cryptocurrency regulation, issuance and trading platform.
Last month, Malta announced their plan in establishing a Digital Creation Agency, which regulates businesses and their operations in cryptocurrency field, as well as create a legal framework for ICOs.
Mr. Zhao had been invited by the Government of Malta to preview a draft bill supporting digit currency business.
Binance's transaction volume per day is currently around $ 1.7 billion, more than its competitors
Binance is also working on a decentralized cryptocurrency exchange platform in the upcoming month. Top ten groups of Binance are now developing such platform. Still, it would take quite a time until it could replace the existing trading platform of Binance, said by Mr. Zhao.
#FromWorldNews
#VCXLending
➡️➡️ Google is working on Blockchain?
Google is working on blockchain-related technology to support its cloud business and head off competition from emerging startups that use the heavily-hyped technology to operate online in new ways.
Companies use blockchain and other so-called digital ledgers to securely record transactions and process other data over the internet -- a service Google could use, for example, to reassure customers that their information is protected when stored on the giant network of computer servers that power its cloud services.
Several people in Google’s infrastructure group have been tinkering with blockchain protocols in recent months, according to a person familiar with the company. Other Google insiders said recently that the cloud business is a natural place for blockchain-related services.
“Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it’s way too early for us to speculate about any possible uses or plans,” a Google spokesman said.
With the great effort of competitors to work on blockchain-related applications, Google can’t get isolated and get out of the race.
(By TradingIG)
VCX
VCXLending
Google is working on blockchain-related technology to support its cloud business and head off competition from emerging startups that use the heavily-hyped technology to operate online in new ways.
Companies use blockchain and other so-called digital ledgers to securely record transactions and process other data over the internet -- a service Google could use, for example, to reassure customers that their information is protected when stored on the giant network of computer servers that power its cloud services.
Several people in Google’s infrastructure group have been tinkering with blockchain protocols in recent months, according to a person familiar with the company. Other Google insiders said recently that the cloud business is a natural place for blockchain-related services.
“Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it’s way too early for us to speculate about any possible uses or plans,” a Google spokesman said.
With the great effort of competitors to work on blockchain-related applications, Google can’t get isolated and get out of the race.
(By TradingIG)
VCX
VCXLending
Affiliate sponsor:
-You are only eligible for the system commission when the people that you introduce join the Lending. Your referral list in the ICO will be preserved. Moreover, in order to introduce more people to the system, you can send them the registration link by: Choosing Manager System/Affiliate sponsor/copy
-Afterwards, send them the copied link so that they can register via it. You can check your referral list, which is below the link.
#VCXCoinTeam
-You are only eligible for the system commission when the people that you introduce join the Lending. Your referral list in the ICO will be preserved. Moreover, in order to introduce more people to the system, you can send them the registration link by: Choosing Manager System/Affiliate sponsor/copy
-Afterwards, send them the copied link so that they can register via it. You can check your referral list, which is below the link.
#VCXCoinTeam
LENDING POLICY
The captital of all investment packages will be refunded after 120 days of investment. There are 4 packages as follows:
- Investment package 100-9999($), Daily interest: 1% ~1.75%, Daily bonus: 0%
- Investment package 10,000-29,999($), Daily interest: 1% ~1.75%, Daily bonus: 0.1%
- Investment package 30,000-49,999($), Daily interest: 1% ~1.75%, Daily bonus: 0.15%
- Investment package 50,000-99,999($), Daily interest: 1% ~1.75%, Daily bonus: 0.2%
- Investment package >= 100,000($), Daily interest: 1% ~1.75%, Daily bonus: 0.3%
#VCX
#VCXCoin
The captital of all investment packages will be refunded after 120 days of investment. There are 4 packages as follows:
- Investment package 100-9999($), Daily interest: 1% ~1.75%, Daily bonus: 0%
- Investment package 10,000-29,999($), Daily interest: 1% ~1.75%, Daily bonus: 0.1%
- Investment package 30,000-49,999($), Daily interest: 1% ~1.75%, Daily bonus: 0.15%
- Investment package 50,000-99,999($), Daily interest: 1% ~1.75%, Daily bonus: 0.2%
- Investment package >= 100,000($), Daily interest: 1% ~1.75%, Daily bonus: 0.3%
#VCX
#VCXCoin
Bitcoin mining is banned due to its great demand for electricity 
~~~
Mining Bitcoin and other cryptocurrencies demands a huge amount of electricity, which is greater than the energy needed for the whole system of electric vehicle in 2015.
Morgan Stanley’ note stated that Bitcoin mining could use more electricity in 2018 than the entire Argentina.
Based on the calculation, electricity needed to mine Bitcoin could be more than is used by the whole system of electric vehicle by 2025. It also said that power for bitcoin mining has already been estimated to use more than 159 countries in 2017.
SlashGear claimed that cryptocurrency-related activities can be seen in Plattsburgh, New York (USA), a small town with low-cost electricity. In order to take advantage of the low-cost electricity, mining cryptocurrenies blooms in this area, soon becoming a threat to the city.
Cryptocurrency mining uses a huge amount of electricity to operate the system days and nights. It poses a threat to the crypto environment. In Plattsburgh, it also does harm to the consumption and electricity price.
Plattsburgh, whose residents are a quick jaunt from the Canadian border, has put an 18-month moratorium on cryptocurrency mining to preserve natural resources, the health of its residents, and the “character and direction” of the city.
#VCX
#VCXCoin
~~~
Mining Bitcoin and other cryptocurrencies demands a huge amount of electricity, which is greater than the energy needed for the whole system of electric vehicle in 2015.
Morgan Stanley’ note stated that Bitcoin mining could use more electricity in 2018 than the entire Argentina.
Based on the calculation, electricity needed to mine Bitcoin could be more than is used by the whole system of electric vehicle by 2025. It also said that power for bitcoin mining has already been estimated to use more than 159 countries in 2017.
SlashGear claimed that cryptocurrency-related activities can be seen in Plattsburgh, New York (USA), a small town with low-cost electricity. In order to take advantage of the low-cost electricity, mining cryptocurrenies blooms in this area, soon becoming a threat to the city.
Cryptocurrency mining uses a huge amount of electricity to operate the system days and nights. It poses a threat to the crypto environment. In Plattsburgh, it also does harm to the consumption and electricity price.
Plattsburgh, whose residents are a quick jaunt from the Canadian border, has put an 18-month moratorium on cryptocurrency mining to preserve natural resources, the health of its residents, and the “character and direction” of the city.
#VCX
#VCXCoin
VCX Lending and VCX Trading tutorials
-------------------
For the upcoming Lending platform, the team would like to provide our investors with the tutorial writings with the hope that you can make the best preparation for the VCX Lending program:
➡️VCX Lending Investment tutorial
(Link: https://vcxcoin.com/post/News/GUIDANCE-ON-VCX-LENDING-INVESTMENT )
➡️VCX Internal exchange tutorial
(Link: https://vcxcoin.com/post/News/VCX-internal-exchange-tutorial )
⚠️Note:
- The Lending program starts at 00.00 March 15th, 2018 (UTC-07:00).
- The amount of VCX purchased in the ICO is stored in VCX-Invest wallet, you can join Lending with this wallet. For VCX internal exchange, you can trade VCX in your VCX- Trading wallet.
In case of any questions, please contact us at [email protected].
Sincerely thank you!
VCXCoinTeam
-------------------
For the upcoming Lending platform, the team would like to provide our investors with the tutorial writings with the hope that you can make the best preparation for the VCX Lending program:
➡️VCX Lending Investment tutorial
(Link: https://vcxcoin.com/post/News/GUIDANCE-ON-VCX-LENDING-INVESTMENT )
➡️VCX Internal exchange tutorial
(Link: https://vcxcoin.com/post/News/VCX-internal-exchange-tutorial )
⚠️Note:
- The Lending program starts at 00.00 March 15th, 2018 (UTC-07:00).
- The amount of VCX purchased in the ICO is stored in VCX-Invest wallet, you can join Lending with this wallet. For VCX internal exchange, you can trade VCX in your VCX- Trading wallet.
In case of any questions, please contact us at [email protected].
Sincerely thank you!
VCXCoinTeam
Official launch of VCX lending system
➡️➡️No more waiting! VCX lending system will officially start on March 15th, 2018 (UTC - 07:00). Investors can invest in lending and earn profits on daily basis (capital can only be withdrawn after 120 days of investment for every investment package). Investment packages, interests, and commissions will be in USD.
➡️➡️Also, ICO website system will be shut down and replaced by the new Lending system. It will work on the domain https://vcxcoin.com/.
Let’s countdown to the date of lending!
#VCX
#VCXLending
➡️➡️No more waiting! VCX lending system will officially start on March 15th, 2018 (UTC - 07:00). Investors can invest in lending and earn profits on daily basis (capital can only be withdrawn after 120 days of investment for every investment package). Investment packages, interests, and commissions will be in USD.
➡️➡️Also, ICO website system will be shut down and replaced by the new Lending system. It will work on the domain https://vcxcoin.com/.
Let’s countdown to the date of lending!
#VCX
#VCXLending
I think the selling price is so high, and when it is traded the price will go down down
Ethereum and Bitcoin price are expected to see triple-digit gains in 2018
--------------------
Worrying about the crash of cryptocurrency market recently?
Despite the dips in 2018, investors should be looking toward a bright future of both Bitcoin and Ethereum. Still, according to a market review, Ethereum is waiting for a more dramatic increase in market capitalization in 2018 than it competitor and also the current market leader - Bitcoin.
The South China Morning Post, Finder - A customer product and services organization website - claimed nine blockchain business member for their opinions of the top 12 cryptocurrency’s price trend. The study shows that Ethereum will lead the market with an increase of 212 percent and then Bitcoin at 194 percent.
Ethereum, however, will only ranked 3rd as its value for each ETH assumed to cost $2,550. Bitcoin is determined to trade at $29,533 a piece - which underestimates its potential as we’re expecting a price between $50,000 - $10,000.
According to the South China Morning Post, participants of this review are quite optimistic about Ethereum’s future due to the general applicability of its blockchain network. Ethereum is still and will be the no.1 choice for any startup beginning to launch an Initial Coin Offering (ICO).
Ethereum is also expected to face more opposition from EOS, NEO, and others. Ethereum has become a bit of a name in the mainstream cryptocurrency world. Still, Bitcoin continues to be the dominator and investors shouldn’t assume a “flippening” anytime soon.
Note by SJ Oh, a trader and vice-president at Hong Kong-based cryptocurrency broker Octagon Strategy: “Bitcoin still values for an outsized share of our flows. Average daily Bitcoin turnover is yet more than three fold that of Ethereum”.
~By Bitcoinist~
#VCXCoin
--------------------
Worrying about the crash of cryptocurrency market recently?
Despite the dips in 2018, investors should be looking toward a bright future of both Bitcoin and Ethereum. Still, according to a market review, Ethereum is waiting for a more dramatic increase in market capitalization in 2018 than it competitor and also the current market leader - Bitcoin.
The South China Morning Post, Finder - A customer product and services organization website - claimed nine blockchain business member for their opinions of the top 12 cryptocurrency’s price trend. The study shows that Ethereum will lead the market with an increase of 212 percent and then Bitcoin at 194 percent.
Ethereum, however, will only ranked 3rd as its value for each ETH assumed to cost $2,550. Bitcoin is determined to trade at $29,533 a piece - which underestimates its potential as we’re expecting a price between $50,000 - $10,000.
According to the South China Morning Post, participants of this review are quite optimistic about Ethereum’s future due to the general applicability of its blockchain network. Ethereum is still and will be the no.1 choice for any startup beginning to launch an Initial Coin Offering (ICO).
Ethereum is also expected to face more opposition from EOS, NEO, and others. Ethereum has become a bit of a name in the mainstream cryptocurrency world. Still, Bitcoin continues to be the dominator and investors shouldn’t assume a “flippening” anytime soon.
Note by SJ Oh, a trader and vice-president at Hong Kong-based cryptocurrency broker Octagon Strategy: “Bitcoin still values for an outsized share of our flows. Average daily Bitcoin turnover is yet more than three fold that of Ethereum”.
~By Bitcoinist~
#VCXCoin
Guidance: Accessing VCX internal exchange
[[ This is a special guidance made by VCX team! ]]
➡️VCX internal exchange has been completed. Therefore, to help investors in accessing VCX internal exchange, VCX team would like to to provide you with a detail guidance.
➡️To access VCX internal exchange, please follow these steps:
Step 1: Login your Account at https://vcxcoin.com/ , then click on “Office”
Step 2: In “Transaction” section, Click on “Trade”. Afterward, you will be automaticly moved to VCX internal exchange.
Good luck!
VCXCoinTeam
[[ This is a special guidance made by VCX team! ]]
➡️VCX internal exchange has been completed. Therefore, to help investors in accessing VCX internal exchange, VCX team would like to to provide you with a detail guidance.
➡️To access VCX internal exchange, please follow these steps:
Step 1: Login your Account at https://vcxcoin.com/ , then click on “Office”
Step 2: In “Transaction” section, Click on “Trade”. Afterward, you will be automaticly moved to VCX internal exchange.
Good luck!
VCXCoinTeam
Announcement: Delay in the launching date of VCX internal exchange
Dear VCX investors,
We did make an announcement that VCX internal exchange would be launched on March 05th, 2018. However, to ensure the best benefit of the investors, we would like to integrate some functions to the internal exchange so that the investors can make transactions in a more convenient and easier way. As a result, VCXCoin team would like to make a delay in the launching date of VCX internal exchange. The internal exchange will be launched on March 07th, 2018 (UTC-07:00).
We hope that the investors can understand and head for the launching date.
Sincerely thank you!
#VCXCoinTeam
Dear VCX investors,
We did make an announcement that VCX internal exchange would be launched on March 05th, 2018. However, to ensure the best benefit of the investors, we would like to integrate some functions to the internal exchange so that the investors can make transactions in a more convenient and easier way. As a result, VCXCoin team would like to make a delay in the launching date of VCX internal exchange. The internal exchange will be launched on March 07th, 2018 (UTC-07:00).
We hope that the investors can understand and head for the launching date.
Sincerely thank you!
#VCXCoinTeam
Is Bitcoin on the way out?
According to research firm Blockchain.info, transactions plunged from seven-day average of almost 400,000 in mid-December to about 200,000 this week.
Earlier this year, when bitcoin price fell by more than 60 percent from its recent peak, a lesser noticed bitcoin also plummeted: the number of daily transactions.
Even when Bitcoin price had a 50 percent return since Feb.5, the number of daily transactions has not recovered. This left investors wondering if the cryptocurrencies is declining in popularity.
Since it peaked in December, the average number of daily exchanges has decreased by half and touched its low in two year last month, even when bitcoin recovered to
$10,000.
Transactions data may be bad news for Bitcoin Bulls, according to Charles Morris - chief investment officer at Newscape Capital Group, London and also a cryptocurrencies investor.
“We had a hype cycle and now it’s getting cold”, Morris said. “It is possible that we are entering a bear market”.
However, with the above information, we can still expect a growth in others altcoin.
VCXCoinTeam
According to research firm Blockchain.info, transactions plunged from seven-day average of almost 400,000 in mid-December to about 200,000 this week.
Earlier this year, when bitcoin price fell by more than 60 percent from its recent peak, a lesser noticed bitcoin also plummeted: the number of daily transactions.
Even when Bitcoin price had a 50 percent return since Feb.5, the number of daily transactions has not recovered. This left investors wondering if the cryptocurrencies is declining in popularity.
Since it peaked in December, the average number of daily exchanges has decreased by half and touched its low in two year last month, even when bitcoin recovered to
$10,000.
Transactions data may be bad news for Bitcoin Bulls, according to Charles Morris - chief investment officer at Newscape Capital Group, London and also a cryptocurrencies investor.
“We had a hype cycle and now it’s getting cold”, Morris said. “It is possible that we are entering a bear market”.
However, with the above information, we can still expect a growth in others altcoin.
VCXCoinTeam
NEWS: Germany wont’ tax cryptocurencies used to purchases
---------------------------------
Bitcoin users will not be taxed using this currency as a means of payment,said by The German Federal Ministry of Finances.
The latest legal guidance document , published on Wednesday (Feb. 28), distinguish Germany from the US where The Internal Revenue Service treats Bitcoin like property for tax purpose, which means that if an American buys a cup of coffee with Bitcoin, it would be considered a property sale and a subject to capital gain tax.
Instead, Germany would consider bitcoin as the equivalent to legal tender for tax purposes when used as a means of payment, according to a new document published recently.
The guidance from The Bundesministerium der Finanzen was based on a European Union Court of Justice ruling on value added taxes.
The court ruling creates a precedent for European Union nation to tax bitcoin while providing exemptions for certain types of transactions.
However, from EU decision, converting bitcoin into a fiat currency or vice versa ia classified as “supply of service”, and therefore any party acting as an intermediary for the exchange will not be taxed.
Payment fee sent to digital wallet providers or other services can also be taxed.
Other aspects of the digital currency ecosystem will not be taxed. Miners receiving block reward will not be taxed, as thier actions are considered to be voluntary.
Similarly, exchange market operators that buy or sell bitcoin under their own name as intermediary will receive tax-exemption. Still, an exchange operating as technical partketplace will not receive any such exemption.
VCXCoin
---------------------------------
Bitcoin users will not be taxed using this currency as a means of payment,said by The German Federal Ministry of Finances.
The latest legal guidance document , published on Wednesday (Feb. 28), distinguish Germany from the US where The Internal Revenue Service treats Bitcoin like property for tax purpose, which means that if an American buys a cup of coffee with Bitcoin, it would be considered a property sale and a subject to capital gain tax.
Instead, Germany would consider bitcoin as the equivalent to legal tender for tax purposes when used as a means of payment, according to a new document published recently.
The guidance from The Bundesministerium der Finanzen was based on a European Union Court of Justice ruling on value added taxes.
The court ruling creates a precedent for European Union nation to tax bitcoin while providing exemptions for certain types of transactions.
However, from EU decision, converting bitcoin into a fiat currency or vice versa ia classified as “supply of service”, and therefore any party acting as an intermediary for the exchange will not be taxed.
Payment fee sent to digital wallet providers or other services can also be taxed.
Other aspects of the digital currency ecosystem will not be taxed. Miners receiving block reward will not be taxed, as thier actions are considered to be voluntary.
Similarly, exchange market operators that buy or sell bitcoin under their own name as intermediary will receive tax-exemption. Still, an exchange operating as technical partketplace will not receive any such exemption.
VCXCoin
How many VCX have you purchased?
According to the analysis before the ICO, VCX is highly likely to develop. Current VCX price is $1.05 - This is not a big number due to the fluctuation in digital currency market, especially Bitcoin over the last few months.
However, with the upcoming strategies, we believe that after the Lending program, VCX price will increase quickly with higher benefit compared to the initial rate.
Let’s head for the Lending program!
Thank you for your trust in VCX. In case of any support, please contact us at [email protected]
Sincerely thank you!
VCXCoin
VCXLending
According to the analysis before the ICO, VCX is highly likely to develop. Current VCX price is $1.05 - This is not a big number due to the fluctuation in digital currency market, especially Bitcoin over the last few months.
However, with the upcoming strategies, we believe that after the Lending program, VCX price will increase quickly with higher benefit compared to the initial rate.
Let’s head for the Lending program!
Thank you for your trust in VCX. In case of any support, please contact us at [email protected]
Sincerely thank you!
VCXCoin
VCXLending
HOT: “Russian nuclear engineers arrested for using state supercomputers to mine
Two engineers of the Russian Nuclear Center have been caught using one of the facility’s supercomputers to mine Bitcoin.
This sad story took place in the top-secret Federal Nuclear Center in Sarov, western Russia, where the first nuclear boom was produced during the Cold War by Russian scientists.
It should be noted that the Nuclear Center in Sarov cannot be found in any maps. This is one of the top-secret centers, totally separated with the rest of Sarov. Any one who wishes to enter the area must acquire a special permit.
The Russian Federal Nuclear Center is located in an isolated town with about 20,000 officers. The center launched its new supercomputer with the capacity of 1 petaflop (the capacity to process one thousand million million operations per second) in 2011. For security reasons, this supercomputer was not intended to be connected to the Internet.
It is recorded that two engineers of the Russian Federal Nuclear Center used this supercomputer to mine Bitcoin. Right after these engineers attempted to connect the supercomputer to the Internet, the Federal Security Service of the Russian Federation was alerted and the engineers were caught and detained in time.
Coin mining is a method to get free digital coins without the need of purchasing. Of course, it will require other expenses. The stronger your computer is, the higher chance you can mine coin. The Russian supercomputer is obviously too suitable for this operation.
#VCX
#VCXLending
Two engineers of the Russian Nuclear Center have been caught using one of the facility’s supercomputers to mine Bitcoin.
This sad story took place in the top-secret Federal Nuclear Center in Sarov, western Russia, where the first nuclear boom was produced during the Cold War by Russian scientists.
It should be noted that the Nuclear Center in Sarov cannot be found in any maps. This is one of the top-secret centers, totally separated with the rest of Sarov. Any one who wishes to enter the area must acquire a special permit.
The Russian Federal Nuclear Center is located in an isolated town with about 20,000 officers. The center launched its new supercomputer with the capacity of 1 petaflop (the capacity to process one thousand million million operations per second) in 2011. For security reasons, this supercomputer was not intended to be connected to the Internet.
It is recorded that two engineers of the Russian Federal Nuclear Center used this supercomputer to mine Bitcoin. Right after these engineers attempted to connect the supercomputer to the Internet, the Federal Security Service of the Russian Federation was alerted and the engineers were caught and detained in time.
Coin mining is a method to get free digital coins without the need of purchasing. Of course, it will require other expenses. The stronger your computer is, the higher chance you can mine coin. The Russian supercomputer is obviously too suitable for this operation.
#VCX
#VCXLending
💢 As an investor, you should learn more about “Pump’’ and “Dump’’ 💢
♦️ In fact, “pumping’’ and “dumping’’ are illegal actions in cryptocurrency by “sharks” who have great capital to control the market.
Firstly, Sharks will try to “pump” altcoins: They spend time purchasing altcoins at low price and promote them on social media channels to raise the awareness to the rest of the world and make investors believe in the vision of digital assets, the potential and its application.
Once the cryptocurrency hits a predetermined value, the pumper will “dump” or sell the asset as soon as possible for profit, leaving the retailers holding the bag.
This business trick can be easily recognized; however, if you are wise enough, you can make some money before the sharks start “dumping”.
♦️ In fact, “pumping’’ and “dumping’’ are illegal actions in cryptocurrency by “sharks” who have great capital to control the market.
Firstly, Sharks will try to “pump” altcoins: They spend time purchasing altcoins at low price and promote them on social media channels to raise the awareness to the rest of the world and make investors believe in the vision of digital assets, the potential and its application.
Once the cryptocurrency hits a predetermined value, the pumper will “dump” or sell the asset as soon as possible for profit, leaving the retailers holding the bag.
This business trick can be easily recognized; however, if you are wise enough, you can make some money before the sharks start “dumping”.
💰💰 Mark Zuckerberg says Facebook will look into cryptocurrency
🌐 Mark Zuckerberg - The CEO of the largest social network, Facebook, has recently posted on her personal account that he was officially considering to integrate cryptocurrency to his platform.
Facebook can generate its own cryptocurrency easily and integrate it with the current social network platform, just similarly to Steemit. However, the company can either cooperate with some available coins depending on the business goals. With this option, they can skip costly and time-consuming stages.
✔️ No matter what approach it is, Facebook does not only aim at the decentralized platform and Blockchain technology but the also views them as the milestones of development research in 2018. This is the strong evident for a bright future of digital currency.
#VCX
#VCXLending
🌐 Mark Zuckerberg - The CEO of the largest social network, Facebook, has recently posted on her personal account that he was officially considering to integrate cryptocurrency to his platform.
Facebook can generate its own cryptocurrency easily and integrate it with the current social network platform, just similarly to Steemit. However, the company can either cooperate with some available coins depending on the business goals. With this option, they can skip costly and time-consuming stages.
✔️ No matter what approach it is, Facebook does not only aim at the decentralized platform and Blockchain technology but the also views them as the milestones of development research in 2018. This is the strong evident for a bright future of digital currency.
#VCX
#VCXLending
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