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XBT – Bitcoin rates, news, and tools – XE.com

Bitcoin information Bitcoin is a decentralized virtual currency. This currency is exchanged digitally and managed by a peer-to-peer network, rather than a central bank or authority. The supply of Bitcoins is automated and released to mining servers; with a limit of 21 million Bitcoins being reached by 2140. Each Bitcoin is a piece of code that has its own transaction log with timestamps. The coins are stored in an owner's virtual wallet and can be transferred and exchanged for goods and services. Transactions are public and although they are relatively anonymous, it is possible trace identities back to real-life individuals. There is debate as to whether or not Bitcoin should be considered a currency, a commodity, or a hybrid of both.

Risks in Using Bitcoins Bitcoins are associated with a high level of risk, as they are volatile, not time-tested, and currently under no regulation or legislation. There have been incidents of online Bitcoin wallets being compromised by hackers leading to theft of Bitcoins.

Bitcoin Currency Code Bitcoin is not recognized by the ISO and therefore does not have an official ISO 4217 code. A currency code is generally built from the two-digit ISO 3316 country code and a third letter for the currency. Although "BTC" is often used in the Bitcoin community, BT is the country code of Bhutan. An X-code reflects currencies that are used internationally and so, XE has chosen to use XBT to represent Bitcoin.

Bitcoin History Introduced in 2009, Bitcoin was created by a developer or group of developers going by the pseudonym Satoshi Nakamoto. Initially the value of the currency was set by users on forums until the first exchange outlet was established. It is known as a "crypto-currency"; meaning that the money and transactions are secured and controlled through encrypted passwords. Since its introduction, Bitcoins have been gaining momentum worldwide, with over 1,000 merchants accepting the currency.

Relevant Links For more information on Bitcoin, we encourage you to visit the links below.

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Bitcoin – MarketWatch.com Topics

6:36 a.m. Sept. 2, 2015 - By Francine McKenna

Blythe Masters back in business with blockchain for banksMasters and her blockchain start-up get the profile treatment; ICE promotes its credit default swaps automated platform; Senate Democrats want the SEC to watchdog corporate political spending; Argentine central bank dictates local HSBC management change

12:30 p.m. Aug. 28, 2015 - By J. Cameron Morgan

How to create your family financial albumYou can use one simple school supply to get your financial house in order: a three-ring binder.

7:19 a.m. Aug. 28, 2015 - By Carla Mozee

Londons alternative cash turns shoppers into activists Just how easy is it to shop using alternative currencies?Alternatives to official money like the Brixton Pound have been springing up all over the globe. But how easy are they to use, and why do people use them?

7:51 a.m. Aug. 25, 2015 - By Jurica Dujmovic

6 services that make hackers rich Their skills are in high demandTheir skills are in high demand, says Jurica Dujmovi.

3:00 a.m. Aug. 18, 2015 - By Joseph Adinolfi

Some digital-currency startups are fleeing New York 15 exchanges block N.Y. state IP addressesAt least 15 digital-currency exchanges are blocking New York state residents from accessing their servicesand at least one that was founded in New York City has packed up and movedinstead of complying with new regulations.

11:03 a.m. Aug. 5, 2015 - By Matthew Lynn

Gold wont have been tested until the crap really hits the fan Nothing too awful has happened yet in Greece, China, UkraineGold hasnt fulfilled its role as a safe haven during the latest crises, but we havent had a real crisis yet, says Matthew Lynn.

8:47 a.m. Aug. 1, 2015 - By Silvia Ascarelli

Former head of Mt. Gox bitcoin exchange arrested in TokyoThe man who ran the now-collapsed bitcoin exchange Mt. Gox was arrested in Tokyo on Saturday, according to numerous press reports. Japanese police allege Mark Karpeles accessed the exchange's computer system and inflated his dollar account by $1 million. If found guilty, he could face up to five years in prison or be fined about $4,000. Karpeles denies wrongdoing, his lawyer said. Mt. Gox once accounted for 80% of all bitcoin trading. In early 29014, it blamed hacking attacks and software glitches for the loss of 850,000 bitcoins, worth about $500 million at the time. It filed for bankruptcy protection soon after.

7:03 a.m. July 31, 2015 - By Francine McKenna

Sheila Bair quits board of largest Spanish bankBair quits Santander board; Obama administration asks Supreme Court to look at insider trading decision; Influential central banker group says bank pay must support stronger ethics; Clintons defend apparent quid pro quo in UBS IRS settlement;

6:59 a.m. July 22, 2015 - By Victor Reklaitis

Goldmans Currie expects gold to fall under $1,000Gold on Wednesday is suffering through its 10th down day in a row, and plenty of the yellow metals detractors have been speaking up lately. Now Jeffrey Currie of Goldman Sachs has made fresh downbeat comments on gold.

5:42 a.m. July 22, 2015 - By Francine McKenna

SEC penny-stock scam charges may be related to J.P. Morgan computer hackThe New York Times ties SEC charges to additional criminal arrests and possibly the banks data theft

1:42 p.m. July 21, 2015 - By Christopher M. Matthews

U.S. charges five in cases connected to J.P. Morgan hack Four arrested in Florida and Israel while a fifth person is at largeFive people were charged Tuesday in connection to a cyberattack on J.P. Morgan Chase & Co. last year.

6:10 a.m. July 21, 2015 - By David Weidner

Why gold is falling and wont get up again The precious metal will rally again, but not with the same glitterThe precious metal will rally again, but not with the same glitter, writes David Weidner.

6:36 a.m. July 15, 2015 - By Robert J. Shilller

Markets still arent close to being perfectly efficient Financial singularity is a mirage, says Robert ShillerDespite advances in big data and powerful computers, markets are no closer to being perfectly efficient than ever, writes Robert Shiller.

10:55 a.m. July 10, 2015 - By Therese Poletti

Creator of surging Reddit rival Voat: We will avoid same mistakes Tiny forum Voat hopes to avoid Reddit issues, creator saysVoat, a small social news and forum site that promises no censorship, has become a refuge for angry Reddit users, but the sites creator tells Marketwatch he plans to avoid the mistakes made by others, including the so-called front page of the Internet.

Bitcoin Investment Trust started at outperform with $40 stock price target at Wedbush

3:11 a.m. July 10, 2015

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Bitcoin: Pictures, Videos, Breaking News – The Huffington Post

If your kid downloads Tor or knows other kids who are on it, it's important to talk about the implications. The Deep Web isn't a safe place to hang out.

The blockchain is a key part of the system that underlies recordkeeping and transactions for Bitcoin, the virtual currency. But there are much bigger opportunities ahead for this decentralized recordkeeping system.

Techonomy

How Tech Transforms Business and Society

As I walked around TechCrunch Disrupt NYC recently, I was bombarded with messaging, product demos and pitches. Until I met a young lady who didn't know I was a tech journo. She had one goal, after I announced that "Bitcoin isn't my thing." To change my mind.

Bill_Robinson

Business, Technology, Entrepreneurship & Rock 'n Roll Journalist

THE STORY Bitcoin is still a thing -- a thing people are confused by. Turns out being a currency that could change the future of payments isn't easy. ...

theSkimm

theSkimm makes it easier to be smarter. We read. You Skimm. Sign up at http://www.theskimm.com/huffpo to start your day off right.

If you know what Bitcoin is and have been following its development, you've probably heard the news. Stock exchanges have begun to take bitcoins seriously. This looks like a breakthrough, especially considering the fact that the NYSE now uses Bitcoin-like mechanisms when issuing securities.

Escalating tensions between the US and China, while ominous, offer a useful reminder that the artificial division of our world into separate nation-states may no longer serve us, and present a compelling reason to consider a better model.

Activists can improve their alternative media success by embracing alternative currencies like Bitcoin. I live in Britain where I've just witnessed an entire generation of activists get their clock's cleaned by a Conservative sweep in the May 7th Parliamentary elections.

Max Keiser

CEO, co-founder, StartCOIN Hldgs. Crypto Currency and Crowdfunding Pioneer. Created HSX.com.

Just as a true artist lives by his or her art--creating and being remembered through a legacy of masterpieces--Nakamoto's anonymity perfectly mirrors the anonymity of his Bitcoin masterpiece.

The Comcast-Time Warner Cable deal may have been killed because regulators didn't believe that the resultant mega-ISP could be trusted as a central authority, but we are just a few years away from the emergence of a trustless society where digital citizens, like you and me, would have taken away that danger.

Shelly Palmer

Business Advisor, Author, Commentator and Host of Fox Television's Shelly Palmer Digital Living.

At the core of the next generation of the Internet is the technology underlying the digital currency Bitcoin: the blockchain. At its most basic, the blockchain is a global spreadsheet, an incorruptible digital ledger of financial transactions that can be programmed to record virtually everything of value and importance to humankind.

Don Tapscott

Advisor to government and business leaders; Author, The Digital Economy, 20th Anniversary Edition

The notion of national currencies and fiat money is central to modern economies and government financing. I can't see a world in the foreseeable future, where sovereign nation states give up the control over what currency must be used for conducting its business.

Late last month, ISIS was driven out of the Syrian city of Kobani, thanks to over 100 days of US-led airstrikes and the actions of Kurdish fighters. But this could also be bad news for other parts of the country and potential targets abroad, as this Sunni extremist organization reorients its focus. What can we expect of ISIS in the coming months?

Dr. Maha Hosain Aziz

Professor, Consultant, Blogger, Cartoonist in Political Risk, Prediction & Strategy

The general acceptance of Bitcoin could have profound consequences, leading to a more egalitarian distribution of wealth and a more stable society. But in order for that to happen, there are two important things we must do.

We must not allow this new "Freecoin" to be owned or bought and sold with real money. For the moment that a currency becomes interest-bearing and is subject to transaction and storage charges, it becomes a tradable commodity itself and it loses its equalizing value.

In mid December, Time Inc. was the latest in a string of companies to announce that it would start accepting bitcoin in payment, following on the heel...

April Rudin

Wealth Marketing Strategies, The Rudin Group

A world where much of the communication, transactions, commerce have to be over a dark web would be a pretty effed up place, like one where people had to pass along literature through samizdat and do commerce in back alleys.

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What is Cloud Computing?

Cloud Computing Introduction, Types and Solutions

Introduction:

Cloud computing is an internet based computing which relies on sharing different computing resources in place of having personal devices or local network to handle software applications. It is similar to grid computing in which unused processing cycle of all computers in the same network are harnesses to provide solutions too intensive for any single computer. In cloud computing a wide range of services such as storage, servers and software applications are transferred to an organizations devices and computers via internet. Cloud computing uses the networks of server typically running low-cost consumer personal computer technology with specialized connections to transfer data processing chores across them. Virtualization is used to increase the power of cloud computing. The cloud computing services are divided into three categories: Infrastructure as a service (IaaS), Software as a service (SaaS) and Platform as a service (PaaS). Below we will discuss about all these services in detail.

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Infrastructure as a Service, abbreviated as IaaS, which is a service that contains the basic building blocks for cloud computing and provide access to computers, networking features and data storage space. It offers a high level of flexibility and control over IT resources and almost similar to existing and familiar IT resources. Some IaaS providers are:

Software as a Service, abbreviated as SaaS provides a complete cloud product that is run and managed by the service provider itself. It is also referred as end-user software applications. One needs not to worry about how the inside architecture is managed or the service is maintained. You only need to think about how you will be going to use that particular software module. An example of SaaS service is web based email system in which you can easily send and receive emails without maintaining email product, servers and OS that the email system is running on. The popular SaaS service providers include:

Platform as a service, abbreviated as PaaS help organizations to manage the inside infrastructure and allow you to concentrate on management and deployment of your software applications. It will help to increase productivity as you need not to worry about capacity planning, patching, application maintenance, resource procurement or any other undifferentiated heavy lifting involved in processing your software application. The PaaS service providers are:

Desktop as a service is abbreviated as DaaS, which is a cloud service where the back end of a virtual desktop is hosted by a DaaS service provider. Example of DaaS service providers are:

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Haasbot Bitcoin Bot | Automate Bitcoin and Altcoin Trades

Automate your Bitcoin Trades

Maximize your Profit

& Trade like a Pro

Candlestick Pattern Recognition is a new way to generate trade signals with Haasbot. Haasbot now supports over 60 candlestick patterns, which can be used in Trade Bots to execute trades. You can even combine candlestick patterns with other technical analysis indicators so that your trades are executed when both a specific candlestick pattern forms and when the indicator agrees on the same trade signal. Get the most out of your trades with Haasbot!

The marketview page within Haasbot is your personal trading platform. You can manually execute trades on each exchange you are connected with, conduct technical analysis with our 24 drawing tools, view indicators on live charts, and even use the candlestick pattern recognition function. The marketview page has everything you need to quickly execute trades on all the exchanges you trade on. Stop wasting time switching tabs to exchange websites and do more with Haasbot.

Bitcoin trading is seemless when utilizing the features Haasbot offers. Whether you want to profit from internal arbitrage or utilize multiple advanced indicators, the possibilities are endless. Whether you want to do high frequency trading or trade on long term trend reversals, Haasbot has you covered. Do you want to protect your investment if the market suddenly drops by 2%? Haasbot has your back. Haasbot is the premier bitcoin trading software or bitcoin bot.

Haasbot supports over 500 altcoins across all of the different exchanges. Get ahead of the competition and trade your favorite Altcoins with the advanced indicators that Haasbot has to offer. You can not only take advantage of trading your favorite Altcoins, but you can also utilize the internal arbitrage bot to take advantage of price differences between different pairs of altcoins.

Fully automate your trades on Bitfinex, Bitstamp, Bittrex, BTC-E, CEX.IO, Coinbase, Cryptsy, Huobi, Kraken, Poloniex, Okcoin.com and Okcoin.cn.

Haasbot supports over 60 candlestick pattern indicators, which execute trades based on when specific patterns are found in the charts! Combine them with technical analysis indicators for even stronger trade signals!

Our bitcoin bot utilizes industry leading indicators such as StochRSI, MACD-Histogram, PPO, Ultimate Oscillator, Ulcer Index, Regression Slope Cross, and many more.

Want to configure a bitcoin trade bot to buy with one indicator, sell with another indicator, ensure your trades cover fees, and protect your investment in case the market crashes? Thats no problem with Haasbot.

Haasbot utilizes the latest technology that provides you with the right set of tools to trade the way you want to and to protect your investments in extremely volitile markets. Our bitcoin bot is an all in one toolkit designed to help you get the most out of your bitcoin trades.

We constantly provide updates for Haasbot to provide new features, new indicators, new insurances, new safeties, new exchanges, and new currency pairs. We also allow our users to test beta versions of our bitcoin bot software to check out new features and to get feedback to make our software better.

If you run into an issue or have a question on how a specific feature or part of our software works, chances are that you will find what you are looking for on our FAQ or our Wiki. If you can't find what you are looking for, or want to chat with other Haasbot users, come by to our forums.

Our bitcoin bot is designed to trade 24 hours a day, 7 days a week, and 365 days a year. Our bitcoin trading software runs with minimal resources, so you can run it in the background as long as you want. Never miss a trend reversal, ever again!

Have you ever wanted to profit from the price differences between different linked cryptocurrency pairs? Well now you can take advange of these price differences with our Arbitrage Bot, which is included in all our software packages.

Haasbot utilizes safeties, which are defined events that will trigger a buy or a sell. For instance, you can set it up so that if the price of bitcoin drops by 1%, Haasbot will get you out of the market so you can buy back in cheaper. Our bitcoin bot has your back!

In addition to trading based on indicators and protecting your investment via safeties, Haasbot also has insurances, which are special conditions that must be met in order to execute a buy or a sell. These are typically used in the form of "Overcome trade fees," so that your trades at least cover the fees.

Order bots are a type of bitcoin bot that are highly customized for specific scenarios. For example, you can tell the bot to execute a buy if the price of bitcoin goes lower than $500 and to then (if that order is filled) sell if the price goes above say $550. The possibilities are endless.

Haasbot supports over 500 altcoins accross all of our supported exchanges. That means you can apply the power of bitcoin Trade Bots, Arbitrage Bots, and Order Bots to your favorite altcoins. Now you get the oppertunity to catch the next big altcoin price increase by simply trading on promising new coins.

Haasbot now supports 6 new trend identification insurances, which have 3 variants of sideways trend identification and 3 variants of volatility trend identification. When using one of these in a trade bot, trades will only be executed while that trend is present!

Haasbot also supports fully programmable script bots, which are written in C#. This allows programmers to use our framework and develop fully customized bots that work exactly how they want them to!

Our marketview page has everything you need to conduct technical analysis, execute manual trades, view all of our indicators, and even see two or four different markets at once! This is our premier bitcoin trading platform!

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What is Cloud Computing by the Rackspace Cloud

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Imagine racks of servers, humming along in a data center. Together, these servers become a massive pool of resources. Divide this "pool" into multiple virtual servers, and you create a "cloud."

For the utmost security, create a private cloud on dedicated hardware. But always remember to put appropriate security measures in place, no matter which cloud you choose.

Since virtual servers aren't physical, they are super flexible, giving you what you need at the moment. Spin up a server in minutes, and take it down just as easily.

You'll get the greatest cost savings in the public cloud, where your virtual servers run on physical servers that you share with other customers.

In the open cloud, you can easily move your cloud aroundwithout being locked into one provider or a closed, proprietary technology.

A hybrid cloud gives you the benefits of both public and private clouds. For example, you can put public-facing components in a public cloud, while storing customer-sensitive data in a private cloud.

Get the tools you need to build your application on our cloud powered by OpenStack.

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Alibabas Cloud Computing Business Will Open Its …

Aliyun, the cloud computing unit of Chinese e-commerce giant Alibaba, is taking another major step toward international expansion with the opening of a data center in Singapore. Aliyun received a $1 billion investmentearmarked for global expansion from its parent company last month.

The Singapore data center is the third one launched outside of mainland China by Aliyun (the other two are in Hong Kong and Santa Clara, California) and will serve as its international headquarters once it opens in September. The company now has seven data centers in total. Aliyun, which currently claims 1.8 million customers, also plans to target the Middle East, Japan, and Europe.

Cloud computing is a promising segment for Alibaba as it seeks to diversify beyond its core e-commerce business. In its second-quarter earnings report last week, Alibaba reported its slowest quarterly revenue growth in three years, but said it was beginning to see the positive impact of years of investment in Aliyuns technology, as its quarterly revenue from cloud-computing and Internet infrastructure jumped 106 percent year-over-year to $78 million.

Aliyun has to shoulder the burden, however, of being a relatively late entrant to the cloud computing business and faces competition from established players like Amazon Web Services, Microsoft Cloud, and Google Cloud. To differentiate, Aliyun has focused on serving Chinese companies who need servers in other countries, as well as emerging markets with growth potential.

For example, the IT market in Singapore, Indonesia, Malaysia, and Thailand is expected to reach $52 billion this year, with annual growth of six percent, according to Gartner research.

In the Middle East and North Africa (MENA), Gartner expects the public cloud services market to grow 17.1 percent this year to $851 million, up from $727 million last year. Aliyun has already signed a joint venture agreement with Dubai-based holding company Meraas to serve companies and government agencies in MENA, where it also plans to build a data center.

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Cloud Computing – 2015 Trends, Topics & Research

Cloud computing forces you to wrestle with three key strategic, operational and people challenges:

Cloud computing enables speed, agility and innovation. You need to move from the drawing board to deployment. Is your organization ready to adapt?

You need to choose a cloud computing environment that's right for your organization. Should you consider private cloud, public cloud or a hybrid cloud solution? Which vendors play in this space? Will they be in business 12 months from now?

If someone else is running your computers and software, you need strategies to stay secure. Your security policy depends on how many pieces you control the more you own, the more you control. Are you ready to extend your enterprise security policy to the cloud?

You need a clear vision and effective processes, skills and organizational structure to drive cloud innovation in your enterprise. What cloud adoption strategies should you consider? What does your road map look like?

How will you create a compelling cloud vision? What strategies will better align business and IT? How should you measure business value? Is cloud technology selection really the easiest part?

How will you deliver value to the business? Which functions will you move to the cloud? What use cases will drive the most impact? How will you fund cloud computing? What are the spending and staffing risks? Should you continue to maintain an on-premises staff?

What cultural changes does your organization need to make? What political hurdles must you clear to get buy-in from your security department and other key stakeholders? Have you considered cloud requirements and needs for all stakeholders?

More and more organizations are moving services, storage, email, collaboration and applications to the cloud. You need to decide whether to choose to support private, public or a hybrid cloud mix. What's the right mix of infrastructure (IaaS), platform (PaaS), and application (SaaS) environments for your organization? Where are the cost savings?

Which services require the most agility and speed? What's the right balance of standard service offerings that will drive the most business value? Do you need to build an internal shared-service center? How does a private cloud implementation impact your data center architecture?

Which applications are most likely to move to public cloud delivery models? Will your organization bypass your IT department and get its applications from the cloud via software-as-service (SaaS) for a monthly pay-per-user-per-month subscription pricing model?

Is hybrid cloud really the future? What level of flexibility do you need to customize, manage and monitor your applications? How will the cloud services brokerage role define future IT organizations?

You need to break through the resistance and increase confidence that cloud is safe. You need to keep your data safe from prying eyes. You need your security team to buy in to your cloud initiatives. That's a tall order.

More than 50% of all data workloads are virtualized. How will you use virtualization to innovate? How can workloads be secured when consuming cloud-based infrastructure as a service? Are you ready to run your physical appliances as virtual appliances?

How will you protect your data in the cloud? What's the right level of recovery and manageability in your organization? What security controls should you inject? Who will have access? Should you use data tokenization? How will you migrate your data?

Which security vendors will get it right first? Which will guarantee delivery? What if the cloud fails? Where are the standards? What level of transparency do you need?

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AWS | What is Cloud Computing – Benefits of the Cloud

Whether you are running applications that share photos to millions of mobile users or youre supporting the critical operations of your business, the cloud provides rapid access to flexible and low cost IT resources. With cloud computing, you dont need to make large upfront investments in hardware and spend a lot of time on the heavy lifting of managing that hardware. Instead, you can provision exactly the right type and size of computing resources you need to power your newest bright idea or operate your IT department. You can access as many resources as you need, almost instantly, and only pay for what you use.

Cloud Computing provides a simple way to access servers, storage, databases and a broad set of application services over the Internet. Cloud Computing providers such as Amazon Web Services own and maintain the network-connected hardware required for these application services, while you provision and use what you need via a web application.

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Cloud Computing, Cloud Software, Cloud Accounting – NetSuite

The concept behind cloud computing is simple: it lets you run computer applications over the Internet, without having to buy, install or manage your own servers. You can run your company's IT operations with nothing more than a browser and an Internet connection. Applications, operating systems, servers and network switches all reside out of sight and within the metaphorical cloud, the Internet and are managed by your cloud computing vendor.

Cloud computing turns conventional software delivery on its head in a number of ways:

Best of all, cloud computing lets you focus on your business rather than on your software. You don't have to use valuable IT resources to keep business systems on life support. Instead, you can re-deploy them to focus on more strategic business initiatives while leaving your cloud computing vendor to worry about scalability, security, uptime, application maintenance and system upgrades.

And you can be confident in taking your business public, or into new regions of the world, without outgrowing your cloud computing resources, thanks to the world-class datacenters typically provided by cloud computing vendors.

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Cloud Computing, Cloud Software, Cloud Accounting - NetSuite

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