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Showing 20 of 55 results by mt-coinofficial
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Board Bitcoin Discussion
Tracking of Bitcoin Users by NSA Revealed By Snowden Papers
by
mt-coinofficial
on 22/03/2018, 13:15:24 UTC
In an interesting update from the Edward Snowden papers, reveals that the US government has expressed considerable interest in Bitcoin ever since its use became popular. The Intercept, an online magazine, has posted the leaked undisclosed documents from Snowden that actually provide evidence that the United States National Security Agency or NSA has been keeping track of Bitcoin users from around the world as described in a 2013 report for the agency. There could be a coincidence of the report leaking not too far away from the recent ban on American use of Venezuelan national cryptocurrency Petro coin by President Trump.

The report is cryptic with code names and classification of data that will help the NSA “track down the senders and receivers of bitcoins,” as the report stated. The Bitcoin monitoring mission by the NSA is called “project Oakstar”, and the purpose of its initiation was to tackle terrorism facilitated by Bitcoin or crypto transactions. The report indicated that the NSA was not randomly tracking users but were monitoring persons or groups involved in suspicious activities and whom utilised the privacy and anonymity of Bitcoin for making illegal transactions like laundering money. An expert from the NSA report states, “[NSA agent] is hoping to use the access for their mission of looking at organized crime and cyber targets that utilize online e-currency services to move and launder money. These illicit finance networks provide user access to international monetary systems while providing a high degree of anonymity.”

Utilising the professional surveillance tools accessible to the NSA for security purposes, data was able to be collected, decrypted, and interpreted to gain the identity of protected Bitcoin users. There were reportedly two other platforms monitored, the first being the Liberty Reserve, that had dealt with money laundering involving cryptocurrencies leading to its close, and one other. Bitcoin is not the most privacy controlled and anonymous cryptocurrency of all coins in the market, yet it was considered top priority for the NSA according to the report.

Unapproved Access
Even though Bitcoin incorporates Blockchain which makes all ledgers public access, the NSA infiltrated further into users private information to get more in depth research on potential terrorists. NSA hacked into users computers to gain sensitive information like passwords, sessions of the user, billing information, IP address, and media access control address. They dug deep into what targets they acquired and tried to highlight any connection the select Bitcoin users had with illicit activities.

It seems that no matter how hard the government tries to uncover and penalise Bitcoin and Blockchain users, the crypto community will always find a way to retaliate and strengthen their stance on supporting a decentralized system.
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Board Bitcoin Discussion
Israel Bans Crypto Companies from the Tel Aviv Stock Exchange
by
mt-coinofficial
on 21/03/2018, 12:44:36 UTC
The Tel Aviv Stock Exchange or TASE, has announced that crypto based companies are banned from the market indices. The regulation has been instituted by the Israel Securities Authority (ISA) after the authority had announced their plan for regulating cryptocurrencies in the TASE market earlier this year.

An ICO regulations and guided working manual is to be published soon this year and according to the ISA, the change of TASE regulations has no association with this new crypto update. The committee has instead issued a cautionary statement about investing and trading in cryptocurrency. ISA claims, “Such investment incurs many exceptional risks, including an absence of liquidity and ability to convert the currencies to money, exceptional price volatility, illegal activity, and risk of fraud”.

The warning from ISA further states that investor must be be prepared to face the high probability of risk from investing money, directly or indirectly, in cryptocurrency or crypto company. They elaborate on the risks of losing money and assets when it comes to the crypto market and trading in cryptocurrency as well. Many banks like the Bank of Israel, do not categorise cryptocurrency like Bitcoin as a valid type of currency but rather as an asset.

Anat Guetta, the chair of ISA, has held the post from January this year and has already taken her stance on cryptocurrency. She states that barring crypto companies from TASE will safeguard the market against passive investors that are prone to such risks. She further warns of the volatile environment surrounding crypto investment and high risk of losing money in this market. As per the new regulation, the ISA will review the regulations in TASE and block out any company related to cryptocurrency. This means that any business, exchange, platform, or company that allows investing, trading, and mining of crypto coins like Bitcoin, Ether, and other Altcoins will be restricted from investing in TASE. This regulation is temporary for the length of this year, until it is reviewed again and reinstated or not based on the market projections and developments. Chairman of the Israel Bitcoin Association, Meni Rosenfeld, responded to the new regulations on cryptocurrency, by stating, “There are indeed several risks in investing in digital currencies, and people should take them into account in order to make wise decisions. Investing in this sector is not suitable for everyone; it is only for those who understand both the potential and the risks”.

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Board Bitcoin Discussion
Decline in cryptocurrency trading amid Indian crypto exchanges
by
mt-coinofficial
on 20/03/2018, 13:23:48 UTC
The trade volume is specklessly diminishing among the Bitcoin and other cryptocurrency trading platforms, for instance the percentage is evidently more than 90%. The relapse is after the regulatory frameworks which were pressurized on the cryptocurrency exchanges in India.
The RBI, Central bank of India has come up with staggering strategy that is limiting the trading within the locality. However, this is not supposed to in case the country wants to expand the business.
The current dealing in Bitcoin exchange platform of India, has bounded between 300 to 400 BTC daily to the sudden drop of 30-40 BTC per day.
The fact which fears out the citizens to invest in cryptocurrency is the capital gains which the Income Tax department authority has taken into public action.
Sometime ago, customers also had to restrict themselves from using credit, debit and prepaid card transactions whichever included bitcoin and altcoins. These steps were followed right after the severe action taken against the Bitcoin transactions with credit cards. However, regarding the transactions, government had requested the companies dealing with cryptocurrencies to integrate know-your-customer (KYC) and anti-money laundering protocols to safer the transactions.
Dr. Amit Lakhanpal, Founder of Money Trade Coin Group had supported all the regulations and protocols from its nascent stage till date. Also, he has made an appeal to the government and the country’s Supreme Court to legalize the digital coins in for daily use. Meeting all the demands, the coin has legal rights to trade with cryptocurrency.
Meanwhile, the confused crypto-holders will get a way to habituate cryptocurrencies in their daily lives.
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Board Bitcoin Discussion
Cryptocurrency Trading Simplified with Money Trade Coin Group
by
mt-coinofficial
on 17/03/2018, 12:34:58 UTC
The Money Trade Coin Group has initiated a training course program for cryptocurrency trading. Money Trade Coin will provide physical courses in countries such as UAE, Thailand, and Switzerland from May 15th Onwards. The courses will be of three days span long in each country and will teach cryptocurrency users more than just crypto trading but also divulge into concepts such as futures and derivatives in the FOREX market.

Join the Trading Course
No matter whether you are an amateur, an accomplished crypto trader, or someone willing to learn new skills in cryptocurrency, this physical course will benefit you greatly as it is created to expand knowledge on the subject. Using this training course crypto holders will be able to invest wisely in a very competitive platform in order to make profits and minimize any risks.


What You Will Learn With the Crypto Training Course
•   How cryptocurrencies work and how to trade them
•   Profits and loss with cryptocurrencies
•   Tactics for effective cryptocurrency trading
•   An extensive tour of the market
•   What are Bitcoin and altcoins
•   Which coins you should buy and sell
•   How to store your coins
•   All about trading on the platform
•   Crypto exchanges and which ones you should use
•   Trading concepts and tools
•   Maximizing profit and risk management
•   What are the exact entry points, targets, and stop loss points
•   What support and resistance are in trading
•   How much research to do before starting your trading

How do we stand out?


With Money trade Coin Group you have ensured the best crypto training through our program and it is designed to cover all important aspects of cryptocurrency investment and trading on the platform. Our trainers and experienced traders have been involved in crypto trading for many years and hold impressive qualifications. Your progress throughout the course will be monitored and feedback will tell you where your strengths and weaknesses lie.


You will not only know how to trade but also understand the concepts behind crypto trading, the entire market and exchange systems. You will be able to trust your own decisions and strategies instead of relying on news pages or forums for your information which may be outdated or incorrect. Learning the ropes can help in setting fixed targets for your trade, buying and selling, stop loss and more.

Additionally, our course features futures and derivatives on the Foreign Exchange platform apart from MT4 software. By learning about the types of contracts you can buy and sell into, arbitrage, and hedging, you can minimize any risks you may come across trading in foreign currencies.

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Board Bitcoin Discussion
Cryptocurrency is a speculative business?
by
mt-coinofficial
on 16/03/2018, 13:57:14 UTC
The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.

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Board Bitcoin Discussion
Bitcoin Mining Can Aid Sustainable Farming- The Advent of ‘Cryptomatoes’
by
mt-coinofficial
on 15/03/2018, 10:13:41 UTC
A new startup has been set up with an ecological premise by the Czech new age crypto exchange, NakamotoX. There are not very many uses for excess heat produced from digital machinery or cryptocurrency mining devices. However, this startup has managed to combine Blockchain technology with farming and has produced an edible batch of tomatoes by diverting the heat of mining machines to a customized greenhouse. Cofounder, Kamil Brejcha, and staff have built a separate space for their Bitcoin mining servers and utilized their excess heat production for growing tomatoes. The project is likely to be followed by a new type of farming technology called ‘Agritechture’, and the results so far have been entirely fruitful with the success of the first batch of what they call ‘cryptomatoes’. Brejcha explains in a tweet, “We have developed something called ‘Cointainer’ which is being placed in the basement and the heat is blown into the greenhouses. More details will be revealed soon”.

One downside to the crypto mining industry is the effect of the machinery’s heat generation on the environment. Most companies do not utilize this heat energy for any productive use which raises the concern for sustainable development among environmentalists and crypto user alike. The initiative that Brejcha and company have taken can create an energy cycle loop where heat from mining helps grow crops and biowaste from the harvest help power machinery. The project solves numerous growing concerns and provides an ecological and self-sustaining solution. Brejcha commented on the cryptomatoes saying, “You will be able to buy (cryptomatoes) in common shops soon but I cannot reveal more details about the brand now”.

The large-scale impact of Agritechture could help build on sustenance farming and energy conservation, two globally alarming problems putting pressure on the environment today. With the significant application in future crop cultivation, cryptomatoes could start a worldwide transformation in farming as we know it.
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Board Bitcoin Discussion
Elon Musk Could Change the Way We Use Blockchain Forever
by
mt-coinofficial
on 14/03/2018, 13:16:36 UTC
Inventor and technology expert, Elon Musk, is one of the world's most innovative personalities. He has contributed all sorts of infrastructure and inventions to SpaceX, Tesla, SolarCity, Hyperloop, OpenAi, Neuralink and his current initiative, The Boring Company. Elon is a visionary who aims to create the technology of the future and designs that he believes will help the human race. Some of his projects have helped to curb car emissions with Tesla electric cars, as well as aid in research for space exploration through the SpaceX company.
 
He is very influential and always trending, which is why he stirred up commotion when spotted carrying a book on cryptocurrencies. The book is by Julian Hosp and called "Cryptocurrencies Simply Explained". It is an easy guide to the world of cryptocurrencies, the blockchain, ICO, and more. The author himself is a cryptocurrency expert having worked in the field for years at TenX. His primary goal is to help teach at least a billion people worldwide about blockchain and cryptocurrencies by the year 2025.
 
Rumors among the crypto community speculate that Elon Musk is simply passing on the book to someone, while other claims he may be doing research into blockchain in order to incorporate it into his companies in the form of digital tokens or smart contacts. Whether their speculations are right or not, Elon is certainly no stranger to online payment platforms, with his digital financial company X.com being bought by PayPal way back in 2000. He was even appointed the CEO of PayPal for a short period before leaving due to clashes of interest with the other leaders. He was one of the biggest shareholders of PayPal stock and in 2002 when the company was sold to eBay, he made a huge return with 165 million dollars.
 
To think Elon was reaching into Crypto territory is not far-fetched at all. He has enough experience with online payment systems and technology, so blockchain is not too far ahead of him. If he incorporates Blockchain or digital tokens into his companies or starts a cryptocurrency company of his own, those that know his history will not be surprised. Over the years, it has become public that Elon holds 0.25 of Bitcoin that was given to him as a gift many years ago. The value of this amount is roughly two thousand dollars, which is a small amount for a personality like Elon Musk.
 
Despite his presumed lack of interest in cryptocurrency at present, the chances are high that this tech giant will embrace blockchain in the near future. The crypto community waits in anticipation for his next project that would surely make a dent in the industry.
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Title Sponsor Money Trade Coin Group Felicitates Winners of Lokmat Corporate Exc
by
mt-coinofficial
on 13/03/2018, 13:27:44 UTC
 Money Trade Coin Group, led by its founder Dr. Amit Lakhanpal was recently associated with Lokmat Corporate Excellence Awards 2018 as a title sponsor that recognizes stalwart companies and entrepreneurs of Maharashtra that have contributed towards developing superior corporate governance standards led by a robust and sustainable growth model, fostering a positive impact on the society.

The event held at Four Seasons Hotel in Mumbai included crème-de- la-crème of the society from Lokmat’s senior management, cabinet ministers, VIPs, Joint Police Commissioners, senior bankers, businessmen and actors from the Bollywood industry. Ministers such as  Shri Diwakar Raote- Cabinet Minister of transport in Maharashtra, Shri Arvind Sawant- Member of Parliament and VIPs namely Mr. Bhushan Gagrani CEO at CIDCO, Shri Sanjay Bhatia - Chairman Mumbai Port Trust and Shri Pallavi Darade- Indian Revenue Service officers graced the event with their presence. Lokmat Corporate Excellence Awards 2018 had also witnessed the presence Joint Police Commissioners Mr. Devendra Bharati, Mr. Sanjay Saxena, Mr. Ashutosh Dumbre, Mr. Amitesh Kumar. Discussion Panel included various renowned names such as Mr. Kewal Handa Chairman of Union Bank of India, Mr. Shailesh Haribhakti Chairman at Haribhakti Group, Mr. Anant Singhania- CEO of JK Enterprises, Mr. MD Agrawal- President of Bombay Management Association, Mr. Niteen Bhagwat Vice Chairman at FCB Interface. Bollywood celebrities such as Sonu Sood & Shashank Ketkar had also glorified the event.

The underlying theme of the discussion was achieving business sustainability through better maintenance of ethical corporate governance standards. Business stalwarts from Maharashtra were recognized for their corporate excellence as a small gesture of appreciation to honor people and businesses felicitating their reputation and exemplary contribution to the society. The event also highlighted the ability of such individuals to steer their objective during turbulent times while epitomizing their knowledge and strength to drive growth in the society. It is notable that Dr. Amit M. Lakhanpal, Director Money Trade Coin Group was felicitated with Business Excellence Awards in 2015 for his outstanding achievements in the Real Estate industry.


Money Trade Coin, a new-age cryptocurrency founded under the vision of Dr. Lakhanpal is a pioneer in crypto space, while the group is a global leader that offers multi-cryptocurrency exchange platforms with innovative crypto-solutions that exploit the application of Blockchain Technology into real-world transactions. Money Trade Coin occupies a reputed position in the cryptocurrency space and has attracted the eyes of several people globally. The independent approach of the group has led to a significant development towards its vision of a decentralized economy with non-existent financial borders while creating a powerful society that leads to an autonomous structure and development of a transparent ecosystem.

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Board Bitcoin Discussion
"Mid Day Housie Presented by Money Trade Coin Group, Brings Hope to Family"
by
mt-coinofficial
on 12/03/2018, 13:48:47 UTC
Every now and then, where you least expect it, dreams can really come true. Such a marvel recently took place last Saturday at the Mumbai Mid Day Housie. Money Trade Coin Group helped make this day memorable by sponsoring the event, which led to housie winner Sanjay Thakkar claiming his cash prize. The lucky man from Thane was overwhelmed with his victory and had a heartwarming plan for where his money would be spent. Due to financial burdens, he was unable to fulfill his daughters wishes to study further. Until now his employer had managed to help him put his daughter in a school in Gujarat, but with other complications in his life like the death of his wife and the expenses involved in caretaking for his elderly parents, Sanjay was in need of assistance. With these funds, he can now give his daughter a good education in one of the best schools in India, and focus his efforts on keeping the rest of his family financially secure. This unexpected source of charity helped hardworking Sanjay finally catch a break and the selfless use of the winnings revealed his honorable intentions.
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Topic OP
Highlights of the ET Edge Maharashtra Achievers’ Awards 2018 Presented by MTC
by
mt-coinofficial
on 08/03/2018, 09:54:21 UTC
The acknowledgment of important contributors and achievers from various industries is not regarded as a frequent occurrence. However, when a ceremony is held to honor accomplishments of the few who excel in their field, this is an occasion to behold. On February 26th, 2018, the first-ever ET Edge Maharashtra Achievers’ Awards was held at St. Regis Hotel in Mumbai. The event was sponsored by the Money Trade Coin Group, Ajeenkya D.Y Patil University, and supported by Femina, from the Worldwide Media group.
Numerous performers from the field of Business, Sports, Media, Technology, and more were awarded on the day and in the presence of Chief Minister of Maharashtra Shri Devendra Fadnavis and other VIPs like Minister of Finance & Planning Shri Sudhir Mungantiwar and Minister of Water Resources Shri Girish Mahajan. The founding director of Money Trade Coin, Dr. Amit Lakhanpal, had much to deliver at the event and commemorate the efforts of all revered guests. In his speech he remarks,
"It gives me immense pleasure to be associated with 'Maharashtra Super Achievers Awards' where talents from various fields are appreciated and felicitated for their exceptional accomplishments. India is recognized as a heterogeneous land and to provide a stage where people from all walks of life can come together and share their experiences is in itself commendable. We all know, 'Progress is achieved only through sheer dedication'. And to achieve the dream of a Developed country, 'it is imperative to work in Unison and to identify and compliment talents.' I hope this initiative inspires many others to dream and achieve bigger."
Other respected spokespersons at the event like Mr. Deepak Lamba, CEO of Worldwide Media, Ms. Tanya Chaitanya, Chief Community Officer of Femina, and Dr. Ajeenkya DY Patil, President of Ajeenkya DY Patil University, all delivered their congratulatory speeches on the accolades of the chosen winners. ET Edge, Money Trade Coin Group, and Femina have inspired many to honor future talented leaders of Indian industries and support their growth.
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Topic OP
Primary Terms you should aware of from Cryptocurrency Trading
by
mt-coinofficial
on 07/03/2018, 13:52:30 UTC
Cryptocurrency has fully conceptualized in the finance sector and will be mainstream in the economy soon. There are still people left out and confused about the jargons related to cryptocurrency and have no idea about the working of these digital tokens. Here are some of the terms which you should know before using cryptocurrencies.

1.     HODL

HODL was formerly originated from a forum post where the user misspelled ‘HOLD’ as ‘HODL’ in one of his post. Since then the term has gone viral, which is popularly abbreviated for ‘Hold On For Dear Life’. It attributed to the sentiment among the crypto-geeks to be fearless because of the volatility and hold on to their coins.

 

2.     Altcoins

Coins other than Bitcoins are referred to as Altcoins. Altcoins are the subdivided version of the cryptocurrency with less potential value or use. These coins are typically promoted or referred to by people who are holding them.



3.     FUD

It stands for ‘Fear, Uncertainty, and Doubts’. FUD is a disinformation strategy to spread negativity and propaganda used by someone who wants to create a ruckus among the crypto holders. They usually pass on the false message concerning the price drop of certain coins.



4.     Pump and Dump

People frenzy about bitcoin had gained a lot of attention, many investors showed interest which leads to the fast price increase. They later pile up the coins and diminish the supply, this ends up the course followed by the huge crash. Traders buying coins in high volume are the one who pumps, they may wish to sell out the coins. Whereas, the dumpsters are the one who purchases these coins and sell at higher price.

 

5.     Bullish and Bearish

Bullish: Estimation of the coins to get high. For instance, optimistic analysts are predicting the price of Bitcoin to raise about $300,000-$400,000

 

Bearish: Estimation of the coins to get low. Other altcoins are generally bearish as people do not see value in them or see a lesser value.



6.     Bagholder

Altcoin holders even after facing a crash may refer to as bagholder, seeing the value of the coins sinking and having no scope in the future to get a rise. The term is also referred to the traders who purchased coins at a high value but ending up by selling at a wrong time (when the coin is worthless).



7.     Shilling/Pumping

The act of endorsing coins in public, these are the traders who purchased coins at the rate of ‘pennies’ which is also termed as shilling the coin, anticipating the public’s interest to increase so that the price can take a surge or pump up in the future. 
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Topic OP
The Future of Cryptocurrency and Philanthropy
by
mt-coinofficial
on 06/03/2018, 13:21:10 UTC
As most people assume, Bitcoin and other cryptocurrency are in the tech industry for trading and investing in order to make a profit on the market. However, if you consider the alternative which is philanthropy, a few companies are quite profound at doing just that.

Using Cryptocurrencies to Fundraise
Many charities are experimenting with cryptocurrency donations and some of the most prominent names involved are Red Cross, Save the Children, United Way and the Electronic Frontier Foundation. There is a clear ascension in number of donations with cryptocurrency. One of the biggest funds for donors, Fidelity Charitable, holds more than 69 million dollars worth of crypto donations as of 2017.

More recently, a number of programmes and schemes in the world of crypto philanthropy have come to notice. Such platforms embrace crowdfunding sites like BitHope for donating Bitcoin to your charity of choice. Other apps like GiveTrack and Alice are used to trace the movement of funds from account to charity, all on Blockchain, and confirm that select foundations have received allocated donations.

Non Profit Specific Coins
Besides making donations with Bitcoin and tracking its progress on applications, there are a number of coins created by organisations for their social and ongoing projects. There are coins for exact purposes like the one created by Charity: Water, called Clean Water Coin for raise money for the charity that works to supply clean drinking water to people all over the world. Another called Pinkcoin, is a coin that alerts traders use it to donate to specific charities as well as get a return on their funding. This coin is registered as a major cryptocurrency contender and does well in the market.

Foundations for Crypto Donations
An anonymous philanthropist has recently created a charity foundation that aspires to donate 5,057 Bitcoins.  The charity is called the Pineapple Fund and has reached out to numerous contributors who have collectively given away 56 million dollars to 56 chosen charities. The creator, 'pine' holds the slogan, “Because once you have enough money, money doesn’t matter.” as a justification for his contributions.

With this use of Blockchain, a more credible process of donations to charities can be established. Most people have little trust in the working of bog charity organisations, speculating that these use a sizeable portion for their operations and little goes into the actual relief funds or projects. However, with a Blockchain system these doubts can be resolved with transparency in transactions, decreased operating costs, and overall efficiency in the process. These cynical ideas can be undone and lead to increased donations.

In a few years, with the success of Bitcoin and Blockchain technology, these foundations can all have their own set of cryptocurrencies or coins to maintain the flow of donations digitally. An exchange can be created on a token system focused solely on the purchase and selling of these coins by traders and donators. This may even create a new approach to philanthropy where charities as well as philanthropists profit from trade of foundation specific coins for the improvement of those in need. Gathering funds could be made easy for Non Profit organisations by mining of tokens.

Although the future holds so many possibilities, there are still limitations that stand in the way. Blockchain is a relatively new and unexplored system that still has a lot to be discovered by a majority of the public before it becomes mainstream. Most countries have not defined their legal stance on the trade of Bitcoin and many people do not have enough grasp of its operations. Thus, it will be a while before crypto philanthropy is recognised and utilised for donations and fundraising.

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Topic OP
Calling Out the Blockchain Gender Gap
by
mt-coinofficial
on 05/03/2018, 11:56:56 UTC
There is no excuse for the lack of female representation in the Blockchain industry. More so, it is unacceptable for any industry. This pattern of young male entrepreneurs leading and monopolizing the world of technology has been going on for ages, prominently in the Silicon Valley, and now we think it has been endured for too long.

In the world of Blockchain women are simply not major contenders in an investment of cryptocurrency as they make up a small portion, 4 to 6 percent, of overall blockchain investors. This may be a result of the male-oriented clubs that have surfaced like “blockchain bros”, that tend to marginalize women and prefer exclusivity. This further makes it difficult for women to compete or even exist in such spaces. But Blockchain is supposed to be different. It came up with the ideology of creating a decentralized, transparent, and equal system for all. Surely with these values, it could foster inclusion and equality?

If there is already an inclination for male dominance so soon with the emergence of Blockchain, where does that put women in the near future of cryptocurrency? This behavior can influence the industry for years to come, making equality a questionable prospect. An article in the Times highlighted a tweet by venture capitalist Alexia Bonatsos, that urged women to ‘consider crypto’, ‘otherwise the men are going to get all the wealth, again’.

Why is This the Reality?
How is it that women do not enter the sacred space of Blockchain, and are not already big players in these digital investment plans? Speculations of exclusion come from women being judged for their qualifications in the industry, but it is not necessary to possess a degree to be a good investor. Those who pursue careers as analysts, investors, engineers, and more are at times criticised for their appearance and ability to be a part of the crypto world. It certainly does not help that a recent Bitcoin convention was held at a Miami strip club.


However, despite the obstacles, there are leaders in the industry that try to create the opportunity and platform for women to join Blockchain. These projects show definite progress and will draw thousands to become investors.


Reclamation
According to the Director of Development at Digital Currency Group, Meltem Demirors, there is a prospect for change that will force the old and biased system to go female. She reports that the number of female Blockchain startup founders is increasing as well as the admission of female investors in crypto venture capital. Although there is still a long while to go before all is fair, she remains positive.



With the help of startups and major companies promoting diversity in the industry, Money Trade Coin Group would also reinforce such initiatives and will set the wheels in motion for equality in the future.
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Topic OP
3 Imperatives about Blockchain Technology
by
mt-coinofficial
on 03/03/2018, 13:12:35 UTC
In this rapid growth of Internet and technology, the phase of business has taken a massive turn. Where initially everything was at medium paced, everything has now turned digital. The advent of Blockchain Technology has surged the financial markets tremendously and also given a new hope to entrepreneurs.

Before taking on the dais and exploring this innovative world of Blockchain Technology, it is imperative to comprehend and understand the implications, benefits of the technology. It will help entrepreneurs to successfully utilize the benefits of this cutting-edge technology to run and survive in this competitive market system.


1) Fresh Fundraising Technique


Capital is one of the biggest concerns for a new business venture. It becomes extremely difficult to get investors on board for huge amounts of money. And the need for capital to kick-start the ideas into action is a never-ending process.
The Blockchain economy plays a significant role here as it allows one to raise capital through ICO.
An Initial Coin Offering, commonly referred to as an ICO, is a new technique that is used to generate capital for cryptocurrencies. It is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for Bitcoin and Ethereum. The idea is similar to that of IPOs where investors purchase shares of a company.


2) A Smooth Functioning System

Gigantic companies and industries face thousands of problems which sometimes are caused due to human errors. Keeping all the departments intact and in place is a big responsibility for all. The need to supplant an intermediary to keep a check on the activities has become the need of the day. As such, Blockchain Technology helps to suffice this need by offering probable solutions to most of the difficulties. Entrepreneurs can abstract this technological breakthrough and apply it to a number of pressing problems. Be it marketing, sales, B2B or a trading platform, the implementation of this efficient technology can aide a company to run smoothly and steadily.

3) Decentralised System

Blockchain technology represents a decentralized system. That means the power lies with the people using the same. No external force, the government can intervene in its utilisations. The peer-to-peer network provides complete Transparency. It thereby eliminates the risk of loss, fraudery, corruption, hoarding, Hacking, and manipulation. All in all, it restores the power to the community as a whole.
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Topic OP
4 points to remember before investing in ICOs
by
mt-coinofficial
on 01/03/2018, 13:57:55 UTC
An Initial Coin Offering, commonly referred to as an ICO, is a new technique that is used to generate capital for cryptocurrencies. It is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for Bitcoin and Ethereum. The idea is similar to that of IPOs where investors purchase shares of a company.
This idea of pre-sale coins of a particular cryptocurrency or token of a Blockchain project has evolved in a crazy and successful manner today.

Let us take a few points that should be kept in mind before you invest your hard earned money in Initial Coin Offerings.

1) Group Structure

It is essential to have complete knowledge about the team, in particular, the development team and the advisory board. Check with each team member, visit their social media profiles. Look up to their past experiences, if they have any crypto knowledge and most importantly, which projects were they a part of before, or ICOs they were involved and the impact they had.

2) Assess the Whitepaper

Whitepaper contains all the necessary information about the project, so to have complete knowledge of the ICO it is imperative to read through it.
It will help you to answer all the simple questions from the value of the project to its future potential.
This will give you an in and out to the project and thus make the picture clear in front of your eyes. Needless to say, white paper is the silver platter to potential investors.

3) The need for  the tokens

ICOs generally imply the creation of a newly dedicated token for a project. The first question that comes to the mind is what is the token for, why is it necessary? The question that accompanies is how does the Blockchain technology work

4) Community and Media

For a successful business, it is essential to have a wide supporting community and to have a good presence in the media, be on social media or the traditional media. To know insights about the project, research and see their social media activities and the size of the community.

These are just a few steps that can be considered for fruitful and wise ICO investments. However, one should keep in mind that ICO is a volatile market and offers no stability.
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Board Bitcoin Discussion
Topic OP
Financial Action Task Force (FATF) amends global-AML policies so did Money Trade
by
mt-coinofficial
on 28/02/2018, 14:30:30 UTC
Financial Action Task Force (FATF), is an inter-governmental body whose aim is to maintain the standards and promote effective implementation of laws and measures which is to be taken correctly.

In a meeting held in Paris, about 35 countries have urged to take action against threats related to money laundering, terrorist financing, etc. held to regulate cryptocurrencies and countermeasures to tackle the use of cryptocurrencies for illicit activities. Many countries including India have agreed to the petition, seeing to that India had also created an interdisciplinary committee proposing new regulations related to digital currencies. The laws have been revised to protect the India cryptocurrency holders from the fraudster and scams.

India has been working on the regulatory framework since the financial budget of 2018 has arrived, as India is one of the major countries in Southern Asia. Seeing the frenzy trend of cryptocurrency among the people, the government have decided to regulate the cryptomarket and planning to stricken the Anti-money laundering (AML) policies. AML policy is meant to terminate all the illicit activities and all the other misuses of cryptocurrency. The possibility of fraud through cryptocurrency is because of the anonymity which it provides the users.

Money Trade Coin group is a pioneer of cryptocurrency market. It has introduced a vast segment of businesses trading, buying and holding of currency in India and longer for more opportunity to satisfy all the customers, keeping in mind the regulations and rules set by the Indian government.

 Money Trade Coin has acquired a 100% stake in Summit Wealth Management AG - A leading Swiss financial advisory firm. The acquisition will follow a recent uptick in the cryptocurrency market across the world. Based in Zug Switzerland, Summit Wealth Management AG offers a comprehensive set of personalized financial services in an assortment of wealth management areas, such as estate, tax, insurance and retirement planning through its team of experts, industry familiarity and innovative processes.

Association Romande Des Intermediaries Financiers (ARIF), a non- profit organization working to intercept activities on money laundering and terrorist financing.  Summit Wealth Management AG is an affiliated member of ARIF, hence Money Trade Coin can avail prominence into professional activities and promise conformity with understanding underAML and ARIF’s decree of self-regulation rules.
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Will Regulation Spark A New Crypto-Boom?
by
mt-coinofficial
on 27/02/2018, 13:36:38 UTC
Cryptocurrency is gaining attention from across the globe and even the government has understood the importance of digital currencies in the global financial market.  Cryptocurrency regulation is one of the biggest argument of the year 2017. Among the community of cryptocurrency, there is two contradicting group: Some cryptocurrency followers oppose the regulation of digital currencies whereas others see it as the only way to expand and control the volatile cryptomarket and firmly believes that this will help to substitute fiat currency.

Currently, cryptocurrency usages are limited due to its volatile nature but considering the pace at which cryptocurrency market is booming it will soon be a greater financial sphere and will require a strict regulation for security and safety of users.

Following are 4 major reasons for which the cryptocurrency market should be regulated:

1.     To make use of Cryptocurrency in Mainstream Business

It is not possible for the crypto economy to unlink it from the traditional economy, therefore, the value is set equivalent to dollars or other local currency.  Crypto coins should be incorporated into the financial system or make it centralized, which is not possible without imposing any regulations.

2.     To Protect Common People

Common people fear the unregulated market of cryptocurrencies, as it is not recognized by the government. Fearing the fraudsters and scams people are not using cryptocurrencies. However, the regulations and legalization of cryptocurrency will attract new investors.

3.    To Save from Fraudsters and Scams

Cryptocurrencies are very vulnerable and it can be manipulated easily. Making the crypto money taxable can be helpful because it can save common people from fraudsters, scammers, and shady firms who are looking out for a chance to make easy money.

4.     To Save from Volatile Market

As 60% of the mining power is concentrated among the top five mining pools, the crypto market gets totally dependent on a handful of the cryptocurrencies. Regulations on mining cryptocurrencies can help to protect the citizens from sudden changes in the prices.
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Blockchain Technology - The Power to Transform Traditional Financial System
by
mt-coinofficial
on 26/02/2018, 12:32:56 UTC
With cryptocurrencies gaining an upper hand in the financial market system, the technology that rules these digital assets, Blockchain Technology is being appreciated and accepted by institutions all over the world.
The innovation and development within the industry have led to a massive growth in the adaptation of the Blockchain technology.
While Blockchain has been used in many sectors for safe and fast transactions, many are still unaware of these long series of codes represent the key components of value transfer.
However, the industry is booming at a large pace and with digitization taking the front step, blockchain with its umpteen benefits has been adopted for betterment. The applications of blockchain technology are enormous and can be implemented in the financial sector to encourage transparency.
The latest developments suggest that the very efficient Blockchain technology can prove to be a boon bridging the educational gap and thereby strengthen the adoption of cryptocurrencies globally.
As per experts prior to implementing the technology in all the spheres of life, it is essential to have a complete understanding of the same. Despite experts and analysts,  the common people dealing with this technology should be thoroughly explained about its working, pros, and cons. This comprehensive knowledge among the people will help to build trust and thereby increase its utility and power.
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Cryptocurrency Regulation - RBI to set up self- regulatory body
by
mt-coinofficial
on 24/02/2018, 11:44:28 UTC
As cryptocurrency is gaining whooping popularity globally, the concerns regarding the Digital assets reliability is also surging high. Therefore, a number of official financial institutions have been making efforts to bring about a regulation in this volatile market system.

According to recent developments, the Reserve Bank of India has suggested innovation labs,  data protection laws, and a dedicated organizational structure in order to introduce stronger regulations and a self-regulatory body to keep a check on the activities of FinTech companies.

For the same, the RBI has arranged an internal Working Group to examine the issues related to FinTech and Digital Banking system in India. This group consists of members from major institutions such and SEBI, IRDAI,  PFRD among others.

The main aim is to bring about a stronghold in the unregulated market which makes up a significant amount of the economy, thereby, stabilizing the financial market system. With a unique approach, the RBI has invited comments and suggestions on the by recommendations by email or post before February 28, 2018.

It is noteworthy that very recently, the Founder of Money Trade Coin Group, Dr. Amit Lankhanpal addressed the Indian government to provide a helping hand in adopting the Blockchain technology, developing and regulating the Crypto-market in the country. In the document, Dr. Amit Lankhanpal has provided probable guidelines and solutions that the government can undertake in order to control and regulate the volatile market, thereby, increasing its efficiency. He also tries to explain how the use of cryptocurrency can benefit the country's growth and development and provide a push to Shri Narendra Modi's dream of Digital India and the cashless society.
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Money Trade Coin all set to spread it's wings across 40 countries
by
mt-coinofficial
on 23/02/2018, 11:37:43 UTC
It is our pleasure to bring this to your notice that a number of leading cryptocurrency portals have been covering the growth of Money Trade Coin. The group that marked it's presence in the crypto-space last year has been doing extremely well and giving a tough fight to leaders.
Money Trade Coin has been the pioneer in providing multi-cryptocurrency exchange and wallet services all across the world, thereby making a stronghold in this volatile market system.

In order to make a mark and fight powerfully to attain the desired position, the newly emerging cryptocurrency, Money Trade Coin is leaving no stone unturned. The Group has decided that it will establish its footprints and provide services in 40 countries all over the world probably in this new year. It will soon provide its services in Singapore, Malaysia, Cambodia, Thailand, Bulgaria, Denmark, Sweden, Poland among others.

You may read the comprehensive article below.
https://goo.gl/nSK4ej
https://goo.gl/P3ZHhm
https://goo.gl/H3EgpB


Courtesy -  Wu Wei Dao, Cryptobble, and Ambcrypto