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Marketplace / БИЗНЕС-ПЛАН
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Marketplace / Canada tightens Bitcoin ATM regulations.
« Last post by tim hayes on Today at 10:36:52 AM »

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Experts predict that Bitcoin ATMs (BATMs) will face stricter regulations worldwide, with countries including Canada and Germany already moving to tighten up anti-money laundering requirements.

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 Chinese authorities to close 64 mining farms

After the meeting of Yunnan province officials, it was ordered to shut down 57 illegally operating mining farms that were disguising themselves as Big Data companies. Another 7 facilities under construction must cease working. The region’s authorities noted the benefits of mining companies that take away excess electricity, but pointed out that many of them come into direct agreements with hydroelectric power plants and evade taxes. Earlier, the local power grid company demanded to stop the illegal energy consumption by miners who connect to the stations bypassing the authorities. It is reported that some farms have already put up their equipment for sale.

 Bitcoin steadily rises in price in May

The principle of traditional markets “sell in May and go away” does not apply to bitcoin, according to analysts at Messari. Last month, BTC added 9%, slightly higher than the 2020 average of 8.5%. At the same time, in 2019, cryptocurrency in May rose by 54% with an average return of less than 8% per month. And in just 10 years, Bitcoin showed a positive trend in May 8 out of 10 times, while in 6 cases it was higher than the monthly average. Among classical traders, there is an opinion that in the summer there is no significant growth in the market, so it makes no sense to open long positions until the fall.


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Marketplace / How do I make money with BITCOIN. $6000 in 45 days!
« Last post by tim hayes on June 01, 2020, 05:19:43 PM »

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Litecoin Exchange Services / Re: BestChange monitor is your exchange helper
« Last post by BestChange on June 01, 2020, 09:40:05 AM »

 Whales accumulate $4.8 billion in ETH

Ethereum held by large investors recently reached a 10-month high. The 100 largest wallets have accumulated 21.8 million ETH (about $4.8 billion). At the same time, whales have acquired 145 thousand coins over the past two days, according to the analytical service Santiment. Against this background, Ethereum price reached a 2-month high at around $224. Over the past day, cryptocurrency has risen in price by 5.77%. In addition, the number of ETH long positions on Bitfinex hit a new all-time high: since the beginning of the year, the indicator has grown by 246%, updating the historic maximum at 1.76 million ETH.

 Gavin Andresen: crypto trading is all speculation

Gavin Andresen, Chief research officer at Bitcoin Foundation, expressed the opinion that traders speculate at the price of digital currencies, not paying attention to the essence of the underlying technologies. He compared the graphs of the IOTA and ZCash rates over the past year and noted that he does not see significant differences between them. At the same time, from February 12 to March 10, no transactions were made on the IOTA network due to the suspension of the wallet that was attacked. Andresen said that he could not determine from the price chart which of the projects was experiencing problems. “Probably nobody is thinking, and it is all day traders and bots,” the scientist concluded.

Marketplace / #BitMEX Binance ByBIT Coinpro Signals & bitMEX Trading BOT
« Last post by philips on May 31, 2020, 09:52:41 PM »

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News of the cryptocurrency market:

In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency traders.
But some banks have been arbitrarily denying services to crypto users and are still doing so. The RBI banking ban on crypto was set aside by the Supreme Court on March 4, 2020. In its detailed judgement of over 180 pages, the Supreme Court stated that the RBI action is extremely disproportionate in severing the lifeline (banking services) for cryptocurrency trading business despite crypto trading not being illegal under any Indian law and no harm or damage is proved to have been caused to these banks as a result of their relationship with crypto exchanges.

The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank.
The official announcement represents an important step in creating a blockchain-friendly environment across the EU banking sector. InCore bank becomes the first Swiss business-to-business bank approved to operate within the crypto sphere. The firm now allows the institutional clients to trade, hold, and transfer digital assets. FINMA has also allowed the bank to develop its tokenization capabilities.

Chase Bank NA, the sixth-largest bank worldwide and a subsidiary of banking giant JPMorgan Chase & Co, will pay approximately $2.5 million to settle a class-action lawsuit alleging that it overcharged customers for buying cryptocurrency using its credit cards.
The sum was reported by Reuters following a court filing on Tuesday in Manhattan federal court. JPMorgan Chase admits no wrongdoing in the settlement, and customers who are part of the class will receive approximately 95% of the previously-paid fees back. The lawsuit alleged that Chase Bank customers who used their credit card to purchase cryptocurrency were improperly charged pricey “cash advance” fees. The suit originally asked for $1 million for affected customers, but the final settlement is significantly larger.

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As the world becomes increasing environmentally sensitive, Electric vehicles (EVs) are gaining popularity worldwide.
However, they still come with a big price tag despite various tax credits that governments provide to make them more affordable.
At some point these purchase incentives that keep their prices artificially low will go.
Worse, to offset lost revenue from decreasing numbers of fossil fueled cars, governments may deal EVs a blow by levying fossil fuel-style “fuel” taxes at public charging stations.
Could all these headwinds halt the EV gravy train?
Not if technology has a say.
ConFlow Power, a renewable power technology company based in the U.K., has developed revolutionary technology that could reduce the adoption costs of EVs and at the same time improve the EV user experience.

This write-up discusses the implications of ConFlow Power’s battery innovation for Electric Vehicle (EV) affordability and overall user experience.
The article starts with a brief look at how the second industrial revolution was the earliest example of how technology’s timely intervention helped us overcome mobility challenges.
Then it examines how governments fell in and out of love with diesel and whether EVs could suffer a similar fate.
 Finally, the article delves deeper into the features of ConFlow Power’s new device and what the future may hold for its use in EVs.

Since technology has not solved all of humankind’s problems, for example, depression, you could argue that technology has not improved our lives on every conceivable level.
However, what is indisputable is that technology is often our last stand against existential threats to our way of life.
During the First Industrial Revolution of mechanization in the late 18th century, steam technology saved us from the extremities of manual labor across many industries.
Then came the Second Industrial Revolution of mass production in the late 19th century and the Third Industrial Revolution of digitization in the late 20th century.
Now, while the Third Industrial Revolution saved us from being buried under mounds of paper, the Second Industrial Revolution was the real game-changer because it ushered in the automobile and the age of transportation.
The automobile, which freed us from the clutches of the horse and carriage, is now the most widely used mode of transportation in the world.
Imagine how dreary road travel will be today if we still had to rely on the horse and carriage?

Unfortunately, while the automobile solved the problem of limited mobility, it created a bigger and more sinister problem: pollution.
When industrialized countries started to levy fuel taxes on cars in the early 20th century, their goal was primarily to generate revenue to maintain their road infrastructure.
The issues of anthropogenic global warming and climate change had not yet crystallized around the world.
But by the time the Kyoto Protocol was agreed in 1997, it was like a global confirmation of the already growing speculation that carbon dioxide emissions from automobiles and other man-made sources were primarily responsible for global warming.
In response to the alarm Kyoto raised, Europe started to push diesel cars as a “greener” alternative to petrol cars because diesel combustion produced less carbon dioxide emissions that petrol combustion.
In the United Kingdom, the government in 2001 enthusiastically cut vehicle excise duty (also called “car tax” or “road tax”) on diesel car purchases to encourage a switch to diesel.
Consequently, diesel car ownership soared.
At the end of 2000, there were 3 million diesel cars in the UK - 13% of all cars. By the end of 2017, there were 12 million - 40% of all cars.
Even as diesel pump prices rose in response to increases in fuel taxes, diesel car ownership continued to rise – see Figure 1 below.

Meanwhile, diesel was having a harder time across the pond in the U.S., where for a variety of reasons it’s never been popular with car drivers.
In America, only truckers care for diesel.
According to a 2015 Bureau of Transportation fact sheet, “most diesel-powered vehicles in the U.S. are medium and heavy trucks”.
Still, diesel’s popularity with truckers has remained steadfast over the years, evidenced by the long-term growth of heavy trucks sold even in the face of rising diesel fuel taxes – see Figure 2 below.

So, on both sides of the Atlantic diesel’s fortunes were rising in the 1990s and 2000s.
Then in 2015, the Volkswagen diesel emissions scandal hit and knocked the winds out of diesel’s sails.

As governments realized that diesel was not the solution as they once thought to the problem of carbon dioxide pollution, they hit diesel vehicles harder with higher taxes and surcharges.
Inevitably, these taxes started to take a toll on the sale of diesel cars in many European countries.
In the UK, where diesel cars were a record high 40% of the all cars in 2017, sales crashed in 2018 and has since been on a downward trend.
All told, governments once promoted the diesel car as a greener alternative to the petrol car, but then started to heavily tax its use as it became popular. And when it fell out of favor for being “environmentally disappointing”, they sounded its death knell.

Now electric vehicles (EVs) are all the rage.
According to the International Energy Agency’s (IEA) May 2019 “Global EV Outlook 2019” Report, “Electric car deployment has been growing rapidly over the past ten years, with the global stock of electric passenger cars passing 5 million in 2018, an increase of 63% from the previous year.”

In a January 2020 report titled, “Who Will Drive Electric Cars to the Tipping Point?”, consultancy giant Boston Consulting Group stated that, “Electrified vehicles will seize a third of the (auto) market by 2025 and 51% by 2030, surpassing sales of vehicles powered purely by internal combustion engines (ICEs).”
So, from all indications EVs are on the cusp of mass adoption.
Just as diesel was once touted as the panacea to carbon monoxide pollution, EVs are now seen as the panacea to automobile pollution.
Will governments tax them as they become popular?
It’s possible.
Here are four reasons why.
One. Falling revenues from taxes on disappearing ICE cars; Afterall, EVs still use roads and money to maintain road infrastructure must come from somewhere.
Second. The costs of constructing and maintaining any public charging infrastructure.
Third. If hybrids become a mainstay of the EV marketplace, then governments will certainly feel justified to tax those for their ICE components.
Fourth. Environmental impact of EVs. While it may sound odd that governments will tax EVs for environmental pollution, the fact is that the most important component of an EV, the lithium-ion battery, is not eco-friendly (see why here).
Ultimately, taxes on EVs will make potential buyers think twice about buying them, and this may slow or prevent their mass adoption.
Technology could help lower EV adoption costs to such an extent that taxes don’t feel so bad.

The most expensive part of an electric car is the battery, which is primarily the lithium-ion (Li-on) type.
So, until electric vehicle (EV) Li-on battery costs come down to a level that makes EVs cost-competitive with pure internal combustion engine (ICE) cars, EVs may have a hard time getting on the driveways of buyers worldwide.
Unsurprisingly, researchers and automakers have in recent years been frantically working to bring these costs down.
However, there’s still one problem: Li-on batteries are not environmentally friendly.
They have the following environmental drawbacks:
They are made from finite resources like metals or metal amalgams
They are not made in an environmentally friendly manner
They’re harmful to the environment because many cannot be recycled and yet cannot be safely discarded
ConFlow Power has developed a potentially superior alternative to the Li-on battery.

This unique “battery-generator” combines power generation[1] and battery recharging technologies.
Remarkably, it uses air as fuel and is completely self-recharging. Therefore, it can generate a continuous flow (conflow) of limitless, useable power.
Furthermore, the device has few, if any, of the Li-on drawbacks (see Table 1 below).

Li-on Batteries:
They are made from scare or non-renewable materials.
They’re not manufactured in an environmentally friendly manner: Their manufacturing process uses a lot of water and produces toxic sludge.
Some cannot be recycled or safely discarded.
They degrade from repeated recharge.
They have limited energy storage capacity.

ConFlow Battery-Generator:
It doesn’t use any exotic metal or metal amalgam.
Its manufacturing process produces no emissions, and the device produces zero waste when in use.
It never needs to be replaced.
It’s self-recharging.
It doesn’t store energy as much as “harvests” it by capturing electrons from the air using nanotechnology.
It’s scalable to any size for any application.

As the table indicates, the battery-generator uses no scarce metals or amalgams. Therefore, it could be cheaper and easier to manufacture than the Li-on battery.
Also, imagine the peace of mind you’ll have if you don’t ever have to scamper to a charging point to recharge your EV because the battery-generator is self-recharging.
Or, or you don’t ever have to worry about the cost of replacing your battery because the battery-generator never needs to be replaced.
Range anxiety” could be a thing of the past.

However, its unique selling point (USP) and probably biggest advantage over the Li-on is its low environmental impact.
It makes no sense for EV battery manufacturing and efficiency costs to come down but not their environmental impact costs; governments and buyers could then turn against them, reminiscent of what happened to diesel cars.
The battery-generator has cheap manufacturing costs, high efficiency, and little or no environmental impact costs.
Undoubtedly, it could have huge positive implications for the affordability and user experience of the EV.
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