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      "body": "Congratulations @thecoinhero! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@thecoinhero/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@thecoinhero) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=thecoinhero)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "Congratulations @thecoinhero! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@thecoinhero/birthday1.png</td><td>1 Year on Steemit</td></tr></table>\n\n<sub>_[Click here to view your Board of Honor](https://steemitboard.com/@thecoinhero)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-the-results-the-winners-and-the-prizes\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-the-results-the-winners-and-the-prizes\">Meet the Steemians Contest - The results, the winners and the prizes</a></td></tr><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-special-attendees-revealed\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-special-attendees-revealed\">Meet the Steemians Contest - Special attendees revealed</a></td></tr><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-intermediate-results\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-intermediate-results\">Meet the Steemians Contest - Intermediate results</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://www.visualcapitalist.com/visualizing-journey-10000-bitcoin/",
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      "body": "price is at $9,650 – about 10X higher than how the cryptocurrency started the year. Further, bitcoins are now on the brink of passing the important psychological barrier of $10,000, and it could do so at any moment based on current momentum.\n\nToday’s infographic from Blockchain Intelligence Group helps to visualize the ups and downs of the cryptocurrency on its journey to $10,000.\n\nNote: once the price hits the $10,000 barrier, we’ll do a final update on this graphic to make sure that’s represented.\n\nTHE JOURNEY TO $10,000 BITCOIN\n\nHere are some of the key events that transpired over the last 11 months:\n\nTimeframe\tDescription\nJanuary 2, 2017\tBitcoin closes above the $1k mark for first time in 1,124 days\nMid-January 2017\tChina cracks down on crypto, partly to help control capital outflows\nMarch 2017\tThe number of GitHub projects related to Bitcoin passes 10,000\nMay 4, 2017\tBitcoin surpasses $25B in market capitalization\nAugust 1, 2017\tBitcoin forks into two digital currencies, Bitcoin (BTC) and Bitcoin Cash (BCH)\nAugust 5, 2017\tBitcoin surpasses $50B in market capitalization\nSeptember 4, 2017\tPeople’s Bank of China announces that it’s implementing a freeze on ICO funding.\nSeptember 8, 2017\tIt’s leaked that China is shutting down all Bitcoin exchanges in the country\nSeptember 12, 2017\tJP Morgan’s Jamie Dimon calls Bitcoin a “fraud”\nSeptember 28, 2017\tSouth Korea bans raising money through ICOs\nOctober 20, 2017\tBitcoin passes $100B in market capitalization\nOctober 24, 2017\tBitcoin again forks into two digital currencies, Bitcoin (BTC) and Bitcoin Gold (BTG)\nOctober 30, 2017\tVietnam bans Bitcoin and other crypto payments\nNovember 26, 2017\tBitcoin passes $150B in market capitalization\nAnd here is how long it took bitcoins to hit each $1,000 barrier:\n\nTime\tExact Period\tDescription\n138 days\tJan 2, 2017 -> May 20, 2017\t$1,000 to $2,000\n23 days\tMay 20, 2017 -> June 11, 2017\t$2,000 to $3,000\n63 days\tJune 11, 2017 -> Aug 13, 2017\t$3,000 to $4,000\n61 days\tAug 13, 2017 -> Oct 12, 2017\t$4,000 to $5,000\n10 days\tOct 12, 2017 -> Oct 21, 2017\t$5,000 to $6,000\n13 days\tOct 21, 2017 -> Nov 2, 2017\t$6,000 to $7,000\n17 days\tNov 2, 2017 -> Nov 19, 2017\t$7,000 to $8,000\n7 days\tNov 19, 2017 -> Nov 26, 2017\t$8,000 to $9,000\nNote: These time periods are calculated based on closing prices for the Bitcoin Price Index on Coindesk.\n\nTHE YEAR OF THE ICO\n\nWhile the journey to $10,000 bitcoin is an incredible one, it is part of a wider story as well.\n\nInitial Coin Offerings (ICOs) for other cryptocurrencies have also boomed, and more than 92% of all funds raised through ICOs happened in this year alone. With this mechanism hitting the mainstream, about $3.8 billion have been raised through ICOs in total.\n\nFurther, they’ve been profitable as well for speculators. A report from Mangrove Capital last month noted that the average return across 204 ICOs it was tracking was 1,320%.\n\nDespite being temporarily banned in China and South Korea, ICOs have not been slowing down. So far in this month (up to Nov 26, 2017), ICOs have already hit new highs with $743.2 million raised, surpassing the earlier record-holding month of September 2017 ($662.9 million).",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://aroundworld24.com/2017/11/26/payment-provider-billdesk-creates-new-indian-crypto-exchange/",
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      "body": "Payment Provider Billdesk Creates New Indian Crypto-Exchange![](https://steemitimages.com/DQmaefKke1QBJhcNxYXpK35szaATTcLtv96Rkrr3r4bqGaq/image.png)\n\nCryptocurrency has become increasingly popular in India these days and now one of the country’s leading payment service providers, Billdesk, has created an exchange to meet the needs of India’s rising bitcoin demand.\n\nAlso read: Local Japanese Government Considers ICO to Revitalize Region\n\nA New Indian Cryptocurrency Trading Exchange Called Coinome Backed by the Billdesk Initiative\nPayment Provider Billdesk Creates New Indian Crypto-ExchangeBilldesk is a well-known payment services brand in India founded in 2000 by Karthik Ganapathy, M.N. Srinivasu, and Ajay Kaushal. The online payments firm is based in Mumbai, and is a financially independent firm monitored and regulated by the Reserve Bank of India. The company’s new venture Coinome claims to be created by “cryptocurrency enthusiasts and research experts who have been developing secure payment and banking solutions for nearly a decade.”![](https://steemitimages.com/DQmbMtD7hYFVLnJUk2Zcpj4fji5UizVWXFZJnBoax9qGxcc/image.png)\n\n“We are an Indian cryptocurrency trading exchange, built to offer a feature-rich user experience with no compromise on security,” explains the trading platform’s welcome page. “As a 24×7 exchange, we strive to offer our services without any downtime or delays — We allow our users to trade round the clock without any limits on Business Hours or Holidays.”\n\nPayment Provider Billdesk Creates New Indian Crypto-Exchange\n\nPromoting Cryptocurrencies to the Indian Masses as Commercially Viable Alternatives\nThe Coinome exchange also details that traders in India can begin trading immediately due to the firm’s “instant e-KYC” service managed by Hatio Innovations Pvt. Ltd. The exchange operators detail they aim to support roughly 20 cryptocurrencies soon but for now the exchange deals in bitcoin (BTC), rupee (INR), and bitcoin cash (BCH).\n\n“We would fundamentally like to provide Indian users with a secure and convenient means for buying and selling Bitcoins, alongside other cryptocurrencies,” says Coinome’s CEO, Vivek Steve Francis.\n\nIn one year, our target is to support up to 20 popular cryptocurrencies and promoting them to the Indian masses as commercially viable alternatives for building their digital assets.\nPayment Provider Billdesk Creates New Indian Crypto-Exchange\n![](https://steemitimages.com/DQmdR3w7KCa1of9DzddPUpiLWehDEeMjzFvcQNrG7uztVKX/image.png)\ne-KYC and Coinome’s Trading Fees\nInstant access to BTC-INR and BCH-INR trading is given to Indian citizens who provide their aadhar number alongside a registered phone number. Coinome sends the user one-time registration credentials and once verified the person can utilize the site’s services. Trading fees are charged on a per trade basis and a trade commission of 0.1% (maker) and 0.3% (taker) is taken. Minimum trade commissions are 0.1 INR, 0.000001 BTC, 0.000001 for BCH and deposits and withdrawals are free. However, Coinome has a limit on withdrawals for BTC and BCH limiting users to a 50 token withdrawal period per currency a day.\n\nWhat do you think about the new Indian exchange Coinome? Let us know your thoughts in the comments below.\n\nDisclaimer: Bitcoin.com does not endorse nor support this product/service.\nReaders should do their own due diligence before taking any actions related to the mentioned company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.\n\nImages via Shutterstock, Coinome, and Billdesk.",
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      "body": "![F1A12B0D-A0B6-4386-B019-C00A659F2E12-1068x1010.jpeg](https://steemitimages.com/DQmf82mtg1tpbNiez3jNZ1TAPTZRz8bmTvEd6C1mxaCmSyZ/F1A12B0D-A0B6-4386-B019-C00A659F2E12-1068x1010.jpeg)\nThe Fundening? Quarter Billion Dollar Gold Fund is Buying Bitcoin\nNAGA ICO\nA Bloomberg interview has revealed Old Mutual Gold & Silver Fund has set aside roughly 11 million USD from its holdings since spring of this year to purchase the world’s most popular cryptocurrency, bitcoin. It’s another feather in the decentralized currency’s cap, even as debate rages as to whether it will ever supplant gold’s tradition of being a hedge against tough economic times.  \n\nAlso read: World Gold Council Head: “Nothing to Suggest Gold is Suffering From the Popularity of Crypto”\n\nBitcoin Paving Way for Reintroduction of Gold as Global Money\nRanjeetha Pakiam reports: “The Old Mutual Gold & Silver Fund, which manages $220 million of mostly precious metal equities, is jumping on the bitcoin wagon.”\n\nFund manager Ned Naylor-Leyland explained to Ms. Pakiam how they’ve been gobbling up bitcoin since April “with a mandate to allocate as much as 5 percent to cryptocurrencies,” Ms. Pakiam writes.\n\nFlippening? Quarter Billion Dollar Gold Fund is Buying Bitcoin\nA response back in 2015 from the fund manager, to an individual who viewed bitcoin as too volatile.\n“Bitcoin is paving the way for the reintroduction of gold as global money,” Mr. Naylor-Leyland surmised. Rather than viewing bitcoin as a threat to the precious metal, he instead views it as a way to educate investors. “Bitcoin was explicitly designed to be digital gold. So if you’re going to have a small proportion of a fund in bitcoin, it should be in a gold fund, because that’s exactly the point.”\n\nIt’s a curious end-run toward a broader goal, but no one would blame the fund. Bitcoin is up hundreds of percent this year. And since the fund’s reported buying spree in April, the digital currency has risen from just over 1,000 USD to the current floor of above 8,000 USD.\n\nThe historic metal has thudded along comparatively during the same interval, up $40 as of this writing.\n\nBitcoin a Way to Sound Money\n“Bitcoin and blockchain resolve” divisibility problems, Ms. Pakiam writes of the fund manager’s thoughts, “[problems of] ownership and speed of transmission.”\n\n“We’re going to revert to sound money,” Mr. Naylor-Leyland is quoted. “If you imagine sound money and blockchain together, there’s quite an exciting potential outcome.”\n\nFlippening? Quarter Billion Dollar Gold Fund is Buying Bitcoin\n\nIt’s a novel approach to bitcoin, for sure. Crypto maximalists suggest it’s simply a matter of time before the digital currency overtakes gold’s position. And as well as bitcoin has done in less than a decade, the precious metal has a four millennia headstart.\n\nSomething on the order of over 5 billion ounces presently exit, and with an ounce trading above 1,200 USD, that pegs it at a 7 trillion USD market cap, close to 100 fold better than present bitcoin valuations.\n\nStill, the better bet seems to be understanding a larger point: the metal’s limitations were the inspiration behind bitcoin’s creation in terms of scarcity, mining, and utility. They’re not mutually exclusive though: both are preferable to the whims of government fiat, sound money advocates urge.\n\nWhat do you think of gold funds buying bitcoin?![stock-2942447_640.jpg](https://steemitimages.com/DQmXSzTkWaFgyTeeuNztZyW6ctVBs6Vh7PvL7Ci5HKizeps/stock-2942447_640.jpg)\n\nImages courtesy of: Pixabay, Twitter, Reddit.",
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