What is Bitcoin?

what is bitcoin

 Bitcoin is the oldest and best-known cryptocurrency in the world working non-stop for more than ten years. But despite its popularity, many people still struggle to realize what it is, what does it mean, and how does it all work.

What is Bitcoin?

Bitcoin is a peer-to-peer cash protocol designed to operate without central authorities like governments and banks. Its open-source nature ensures that all its transactions, as well as the issuance of bitcoins, are collectively secured by genius math, cryptography, and network participants called miners. Such a design makes it the most sophisticated, accessible, and transparent money. Anyone with the right skills can participate in its development or build applications on top of it.

Even so, it is not easy to grasp Bitcoin and its implications. Here are some other definitions and analogies of bitcoin according to people who have studied Bitcoin for years.


Global P2P trade volume plummets amid crypto crash

While many centralized exchanges benefited handsomely from the recent sell-off, P2P trade on Paxful dropped by almost 50% this week.

The recent crypto market slump has driven massive trade volumes on centralized exchanges, but peer-to-peer (P2P) trading platforms actually saw sharp decline inactivity.

Latin-America was the only region to buck the trend.

The top region for P2P trade, the United States, posted a 42% slump in peer-to-peer volume this week — plummeting from $23.4 million to nearly $13.6 million.

Sub-Saharan African has been the second-largest region for P2P trade after North America for much of 2020. It saw P2P volume fall 32%, from roughly $12.9 million to $8.7 million — driven by a 38% crash in Nigerian activity.

Trade in the Asia-Pacific also crashed by 25% this week.

Global P2P trade volume: Useful Tulips

Latin America was the only region to post a significant increase in P2P trade volume this past week, gaining 11% to $13.2 million.

43% of Latin trade took place in Venezuela this week, with the country representing two-thirds of the volume increase produced by the region. Colombia, Peru, and Chile also posted volume increases of between 10% and 20%, while Mexico and Brazil saw notable slumps in trade.

Curiously, nearly all of the drop in volume was attributable to the top P2P platform Paxful, with every region on Localbitcoins (except for Sub-Saharan Africa which retraced 2%) actually seeing a weekly increase in trading.

Roughly $42 million worth of Bitcoin (BTC) changed hands on Localbitcoins this past week, while Paxful hosted less than $20 million in trade — down from roughly $38 million last week.

By contrast, top spot exchange Coinbase hosted roughly $1.7 billion in trade over the past seven days, while Bitstamp’s weekly volume was $1.1 billion.

Orkut will soon be shu tdown on google

Google will shut down the social network on 30 September good bye to Orkut.

  Google will shut down its early social-networking service, Orkut, which was launched ten years ago but has failed to put Google ahead in what has become one of the Web’s most popular businesses.

Google said it will shut down Orkut, which is widely used in Brazil and India but hasn’t caught on more broadly, on September 30, to focus on its other social networking initiatives. The company declined to say how many users Orkut has.
Orkut was launched early in 2004, the same year that Facebook, now the world’s No 1 social network with 1.28 billion users, was founded.

“Over the past decade.

 YouTube, Blogger and Google+ have taken off, with communities springing up in every corner of the world. Because the growth of these communities has outpaced Orkut’s growth, we’ve decided to bid Orkut farewell,” Google said in a post on the Orkut blog on Monday.

. In April, Vic Gundotra, the head of Google’s social networking services, left the company.

. Gundotra oversaw the 2011 launch of Google+, a social networking service similar to Facebook. Gundotra said in October that 300 million users visit the Google+ web page every month.
Google has increasingly sought to position Google+ less as a social networking “stream” that competes with Facebook, and more as a means of establishing a unified “user identity” system to improve Google’s various Web properties. Last year, for example, Google began requiring users of its YouTube site to sign in with their Google+ identity before posting comments about videos.
The company said it would preserve an archive of all Orkut “communities” that will be available from Sept. 30.
If you don’t want your posts or name to be included in the community archive, you can remove Orkut permanently from your Google account,” Google said.

launching Of first chine cargo

China will launch its first cargo spacecraft in April

 China will launch its first cargo spacecraft in April

Chinese Space Station Image Credit:
China plans to launch its first cargo spacecraft in April, state media reported on Tuesday, taking a Step toward its goal of establishing a permanently manned space station by 2022.
President Xi Jinping has prioritized advancing China’s space program, saying it was needed to Enhance national security and defense. Plans for the maiden voyage of the cargo spacecraft were Reported on the front page of the People’s Daily, the official Communist Party newspaper.

The Tianzhou-1 cargo.

The Tianzhou-1 is designed to dock with the Tiangong 2 space laboratory, or “Heavenly Palace 2”, which China used to carry out its longest ever manned space mission last October, sending two astronauts into space for a month aboard the laboratory.
The spacecraft can carry 6 tonnes of goods, 2 tonnes of fuel and can fly unmanned for three months, the newspaper said.
For all the advances China has made in its space program for military, commercial and scientific purposes, it is still lagging the United States and Russia.
China’s Jade Rabbit moon rover landed on the Moon in late 2013 to great national fanfare, but soon suffered severe technical difficulties.
The U.S. Defense Department has highlighted China’s increasing space capabilities, saying it was pursuing activities aimed at preventing other nations using space-based assets in a crisis

Top 6 Ways Your Old Iphone Can Be Useful

The iPhone has been around a full 10 years now, meaning at some point you've probably upgraded to a newer model. (Possibly several newer models.) And whenever you do that, you're left with your old phone and a question: What should I do with it?


Most common answer: sell it. That's a good way to help defray the cost of the upgrade.

However, that's not the only option, and not necessarily even the best. Instead, consider repurposing that old iPhone. You might be surprised at some of the feats it can perform.

Keep it as a backup phone

It's a hard truth: Phones get lost, stolen and broken every day. I don't know about you, but I'd be in pretty dire straits if something happened to my phone.

The straits would be less dire, though, if I could just grab my previous-gen iPhone. I'd still have access to my calendar, contacts, iMessages and the like (because they're all synced), along with daily-use apps like Facebook, Spotify, Twitter, my password manager and so on. There's really no better short-term rescue option.

In fact, if you still have your new phone (assuming it's busted and not lost or stolen), you can probably just pop the SIM card out and back into the old phone, restoring voice and data until repairs are made.

Of course, you don't have to stick the old phone in a drawer and leave it there in case of disaster; you can also keep it as a low- or even no-cost second line. For example, if it's an unlocked GSM model, grab a SIM card from Freedompop (about $13) and sign up for the WhatsApp Basic plan. It affords you 100 voice minutes, 100 text messages and 200MB of 4G data per month -- at no charge.

Add it to a multi-camera video shoot

Whether you're recording a wedding, a kid's soccer game, a music video or your sure-to-win-the-film-fest indie movie, nothing beats multiple cameras. When it comes time to edit, you can mix footage from different angles and positions to create much more interesting video.

Needless to say, your old iPhone can make a great second camera. (Models dating back to the iPhone 4S could capture 1,920x1,080-pixel resolution video at 30 frames per second.) Clear out as much storage as possible to make room for new footage and you're good to go.

Even better, spend $4 (AU$6, £4) on Collabracam, an iOS app that links multiple iPhone/iPad cameras (up to six) for live multi-camera video production. It's pretty amazing. Indeed, once you start using Collabracam, I guarantee you're going to start hunting down more old iPhones to add to the mix.

Use it as a baby monitor

Speaking of video, an iPhone with nothing else to do can easily pull baby-monitor duty, and in fact can rival or even exceed standalone products costing a pretty penny.

All you need is Cloud Baby Monitor, a $4 (AU$6, £4) app designed expressly for this purpose. In addition to both audio and video monitoring (with alert options for both), the app can play lullabies and white noise (or even your own playlist) to help baby get back to sleep. There's a night-light option (with brightness control!), two-way audio and more.

Needless to say, you can tap into the audio/video feeds from anywhere, provided the iPhone is connected via Wi-Fi. That's a pretty solid return on a $4 investment.

Give it the GoPro treatment

One final video option: Turn your old iPhone into a GoPro. Again, that's a solid camera in there, so all you need is a way to mount it for action-video duty. Velocity Clip, for example, offers iPhone mounts for your bike, chest and head, all of them priced in the $40-50 range. Granted, an iPhone is a little unwieldy when strapped to your head, but it's still way cheaper than buying a separate GoPro.

Whatever mount option you end up with, hit up Ebay for a cheap Bluetooth camera-shutter button. (They're available for as little as $2-3.) That way you can start and stop video recording without having to fiddle with the iPhone while it's mounted.

Create a poor-man's Amazon Echo

If you've ever used an Amazon Echo, you know the joy of being able to say things like, "Alexa, play some Steely Dan on Spotify."

Many folks forget that iPhones have an "Alexa" as well in the form of Siri. Thus, you can turn your old iPhone into an Echo of sorts; just leaved it plugged in someplace within earshot, then say, "Hey, Siri" to invoke a command. (If you need a refresher, here's the complete list of Siri commands to date.)

To get even closer to the Echo experience, keep that phone connected to a Bluetooth speaker. If you're an Apple Music user, Siri can serve up songs, playlists and the like (podcasts too, provided you have Apple's Podcasts app). Alas, while she can open third-party apps like Spotify for you, she can't yet make them play. The one exception is Pandora: Say, "Hey, Siri, open Pandora," and the app will start playing whatever was your last station.

Leave it on your nightstand

An old iPhone might just be the best thing to hit your nightstand since the lamp. Because in that one spot it can serve countless purposes:

Bedside clock (Disappearing Bedside Clock ($3, AU$5, £3)) is an interesting choice, as the display disappears after a selected interval, but reappears when you tap the screen or wave your hand in front of it).

Alarm clock (check out iOS 10's new alarm feature, but don't overlook third-party apps like SpeakToSnooze, which features some cool voice-control options).

Clock radio (TuneIn Radio is a good choice, as it has both alarm and sleep-timer features).

Dedicated ereader (iBooks, Kindle, Nook, don't have to limit yourself to a single app).

Meditation player (I'm partial to Buddhify, but there are a zillion others).

Spare Roku remote (check out the latest update).

White-noise machine (I don't have a particular favorite; hit up the App Store for lots of choices).

Any other suggestions for an iPhone by the bedside? Or anywhere else, for that matter? Let's hear your ideas for reusing your leftover handset.

MMM West Africa Review | Earn 50% Monthly Return On Your Investment

MMM West Africa review, how it works, is it genuine or scam?, how to register, how to participate, how to earn bonuses, how to make money with MMM West Africa, how much to invest, how to receive payments, terms & conditions and many other important information are explained here for you.
MMM West Africa is a new online community where people help each other and promises 50% return per month as well as 10% Bonus and Extra Leaders Credit Options but the scheme is not a HYIP, not a bank, it doesn't collect your money, MMM West Africa is not an online business, investment or MLM program. MMM West Africa is a community where people help each other. It is for those who are ready to Provide help, and get financial help in return thereby making lots of money. Just launched few days ago. In November, 2016.
They further claimed that they are a community of ordinary people, selflessly helping one another, and said that what they do is a kind of the Global Fund of mutual aid. They claim that this is the first sprout of something new in the modern world which they describe as ‘soulless and ruthless world of greed and hard cash”. They THEN CONCLUDED that their goal is not the money but to destroy the world’s financial system which they describe as unjust. Financial Apocalypse! They then warn that “Before you join, be sure to be acquainted with our ideology!”
A visitor to MMM West Africa will encounter the question: So, you have decided to participate in MMM. What to do? How does it work? what are the bonuses and lots more. Take a look below
The scheme has been launched nationwide and many people have started benefiting already.
Nationwide Registration Started
Become State Head & Get Best Monthly Salary
Book Your Top Position
50% Per Month
1.66% Daily Growth
Daily 1.66% for 30 Days ( 25 days locking period )
Growth starts from the time of commitment
10% Direct Referral bonus
Minimum Provider Help N1000
5% MANAGER?s Income
3% 100 Guider income
1% 200+ Guider income
0.3% daily task income
100% link will be received 15days after PH
50 Member add just auto MANAGER panel
Growth starts from the time of commitment + Happiness Letter compulsory
100% Honest Admin
Among the things to be done when you decides to participate are:
1. Register at the MMM WEST AFRICA website.
After you completes the registeration, MMM West-Africa expects you to now enter your Personal Office (PO).
2. Go to account. Click add. Fill your bank details,
Account type . Input either savings or current.
Select bitcoin if you have bitcoin wallet address .
3. Upon entering the MMMWestAfrica’s Personal Office, you would see two big buttons: one written “Provide help” and the other “Get help”.
4. As a new member, the first thing you do is to click
“Provide help” and then specify the amount of money you want to use to provide help in the system. The minimum amount of money to use here is just N1,000.
5. You immediately get MAVROs in your Personal Office and they start to increase by (MAVRO is the internal currency of the system) However, as soon as you get MAVROs you won’t be able to sell them till they are unconfirmed as you still haven’t transferred money but only created the request.
6. Then you’ll get the order in your PO including all bank account details of the person you should transfer money to.
The order also contains contact details of the person so you can get in touch with him or her to make sure that it’s a real person and participant as you. In MMM there is no central account where all participants’ money accumulates (and where it can be stolen). All transfers are carried out between the participants directly. It means that everything is quite clear and transparent. MMM plays the role of the operator that helps to establish the contact between the participants.
7. Transfer money to the participant. He or she confirms the receipt and your MAVROs become “confirmed”. That’s it! Now you can sell them whenever you want, total amount or a part of it.
8. If you want to sell your MAVROs click “Get help” and specify the amount. Other participant will receive the order and will send you the money (provide help). As you did earlier! Don’t forget to confirm the receipt of help as soon as the money is on your bank account (But no earlier! Be careful with frauds!). If you don’t do it the sender’s MAVROs won’t be confirmed.
9. You can take a look of PO and the buttons “Provide Help” and “Get help” in the DEMO.
10. You can also read the detailed rules of system on the page “What is MMM”.
READ ALSO... Swisscoin Review | How To Make Money With Swisscoin
Below are regulations guiding MMM West Africa:
You should complete 50 Direct confirm id for Manager Panel ( AMP)
Participants will register here with only 1 mobilenumber, 1 email and 1 account ID.
For registration, your email& mobile number verification is compulsory. Kindly provide valid email & mobile no.
Your Marvrowill start growing from the moment you make commitment.
Managers will get storage fund according to his/her work.
Managers will be able to withdraw bonuses equivalent to the help provided.
Total time of 48hrs will be given to provide help.
After non-fulfilment of commitment, your ID will be blocked 24hrs after the expiration of the first 48hrs given.
Mavro growth is daily.
After Withdrawal you are expected to make commitment within the next 48hrs.
One Withdrawal Complete Then Other Withdrawal.
Don’t do Fake Activity otherwise your id will be blocked.
What does MMM stand for?
MMM is a Global Mutual Aid Fund, World people’s Bank, Financial Social Network — or any definition whatsoever. The point is not in the title. The bottom line is that this is a voluntary informal association of millions and millions of people throughout the Earth, rebelled against the financial slavery, chose to declare war against the Fed and banks. (And to win this war!!) And for this aim they have consolidated their capital — even though there are small amounts, owing to a great number, that is millions of people, it’s already the power. Awesome and invincible power, growing every day!
Well how do banks exist? Thanks to bankers? Billionaires? No, due to the same ordinary people who deposit their modest savings there. MMM takes the wind out of banks’ sails making people see the reality. Why do the people bring their money to the banks at the exorbitant interests? Because they have no other choice. Banks are monopolists: there is no other place to bring money to. All banks are just the same, and controlled by the FED. They simply destroy ordinary people.
READ ALSO... Zarfund Review | How It Works
And now we have an alternative — MMM! It’s something close to our hearts! Here people help each other. Today you help and tomorrow you will be helped. It’s the main principle of MMM. Do you really want bankers to buy another limousine or house for your money? You should not become another slave. Better join MMM and your money will help those who really need it! Poor people, retirees, disabled people…Woman with many children. Love thy neighbour! Help him.
It’s a kind of common storage box where people save their money and then take it when needed. The amount you need at the certain moment. (They do not steel but namely take money)!
Actually, people don’t need a lot of money. They need consciousness that they have it. Confidence in tomorrow’s day is what everybody really needs. It is just MMM that gives this confidence! It gives a feeling of partnership, that you aren’t alone! At the difficult moment you will never be abandoned but you will always be helped and supported! MMM is a unit of new society, brighter and better. New world, where there won’t be money. Current money. Where everything will be otherwise… Fair and honest. Where there won’t be any slaves or owners. Where everybody will work for their own pleasure and for the whole society. Where Good will defeat Evil! It will be so! There are no doubts!!
In most of the Ponzi Schemes like Bitcoin, Swisscoin, MMM, Ultimate Cycler, Zarfund etc, the pioneers are the ones that enjoy most in the long run so you have a chance to be one of the MMM West Africa Pioneers by participating today.
Over 12,000 participant have registered and still counting … secure your TOP POSITION. MMM WEST AFRICA IS 50% IN 30 DAYS. Click

Bet9ja Sure winning, Booking Code For Today 10/12/16

6013 Premier League
Arsenal – Stoke City
Over(2.5) 1.50
6014 Premier League
Leicester City – Manchester City
Over(2.5) 1.65
5392 Primera Division
Real Madrid – Dep. La Coruna
Over(2.5) 1.30
1308 Serie A
Inter – Genoa
Over(2.5) 1.65
1481 Super League
Basel – St. Gallen
Over(2.5) 1.35
Odds = 7.17
Booking = 37VR272
Sure Halftime Over 0.5 Game
6013 Premier League
Arsenal – Stoke City
Over HT(0.5) 1.22
6014 Premier League
Leicester City – Manchester City
Over HT(0.5) 1.30
1386 Championship
Newcastle Utd – Birmingham City
Over HT(0.5) 1.30
1391 Championship
Wolves – Fulham
Over HT(0.5) 1.35
1385 Championship
Reading – Sheffield Weds
Over HT(0.5) 1.45
1384 Championship
Barnsley – Norwich
Over HT(0.5) 1.30
4286 League One
Peterborough – Chesterfield
Over HT(0.5) 1.25
4282 League One
Millwall – Shrewsbury Town
Over HT(0.5) 1.30
Odds = 8.53
Booking = 37VRM9W
Surest Over 1.5 Game
7825 Premier League
Burnley – Bournemouth
Over(1.5) 1.30
6012 Premier League
Swansea – Sunderland
Over(1.5) 1.25
6013 Premier League
Arsenal – Stoke City
Over(1.5) 1.14
1383 Championship
Aston Villa – Wigan
Over(1.5) 1.35
1384 Championship
Barnsley – Norwich
Over(1.5) 1.20
READ Bet9ja Sure Winning, Booking Code, Game For Today Saturday 19/11/2016
1386 Championship
Newcastle Utd – Birmingham City
Over(1.5) 1.22
1391 Championship
Wolves – Fulham
Over(1.5) 1.25
4281 League One
Fleetwood Town – Walsall
Over(1.5) 1.25
4282 League One
Millwall – Shrewsbury Town
Over(1.5) 1.22
4286 League One
Peterborough – Chesterfield
Over(1.5) 1.16
4288 League One
Port Vale – Northampton Town
Over(1.5) 1.25
Odds = 10.45
Booking = 37VRY29
Sure 10Mins Draw Game
7826 Premier League
Hull City – Crystal Palace
X-10min 1.15
6013 Premier League
Arsenal – Stoke City
X-10min 1.22
1387 Championship
Brentford – Burton Albion
X-10min 1.16
1389 Championship
Ipswich Town – Cardiff City
X-10min 1.14
1388 Championship
Huddersfield Town – Bristol City
X-10min 1.16
1390 Championship
Rotherham – QPR
X-10min 1.16
1320 League Two
Newport County – Morecambe
X-10min 1.16
1321 League Two
Stevenage – Blackpool
X-10min 1.16
1322 League Two
Yeovil Town – Barnet
X-10min 1.16
1124 League Two
Hartlepool Utd – Cambridge Utd
X-10min 1.16
4288 League One
Port Vale – Northampton Town
X-10min 1.16
4285 League One
Oxford Utd – Oldham Athletic
X-10min 1.16
Odds = 6.08
Booking = 37VSHSV

MTN MusicPlus+ Free Browsing For December 2016

New Mtn Music Plus Working For Free On Both XP Psiphon And Syphonshied Or Psiphon handler, The Data capped with 150mb
daily, For Free… The Music Plus is now working since yesterday till now, Skilztools would receive the long forgotten MusicPlus by MTN. So Don’t Miss This Cheat.
Get the 150mb for 15naira only and this is how you can get it… Send K to 5900 after sending you wil be given 150mb for 7days. To confirm this data, dial *559*2#.
Now open your psiphon or xp psiphon and COnfigure the settings below.
Mtn music plus used to rock some months ago, until it was blocked. However, I’m pleased to announce that MTN Musicplus cheat is rocking again on MTN sims now.
There’s no need for the former mtn music plus cheat settings, Send I, D or D as SMS to 5900

How To COnfigure MTN MusicPlus For Free Browsing
The first step is download PSIPHON 108 HANDLER or PSIPHON 113 HANDLER other higher siphon handler versions
==> MTN music plus settings for psiphon
Proxy Type: Real Host or Dual Real Host
Proxy Server:
Real Proxy Type: Default or HTTP
Real Proxy Port: 80
==> Save the setting above and choose either ‘Best Performance’ or ‘United State’ as your region
==> Click on ‘More Options’ to open another series of configuration settings
==> Select ‘Connect Through Http Proxy’ box
Host Address:
Port: 8080
==> Navigate back and connect to access the internet.
Start flexing

See Access Bank Letter To MMM Participants

In a letter sent by Access bank to its customers, warning against those participating in the program “MMM”. The CBN has warned Nigerians not to deposit their money in an institution not approved by the Deposit Insurance Cooperation (NDIC).

The Access Bank of Nigeria has warned its customers to be careful of any deposit money institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC)
In the letter sent in by the bank sent to its customers, Access Bank cautioned that those involved in the controversial ponzi scheme, MMM stands a risk of loosing all their money.
See full letter below;

Access bank writes customers participating in MMM Ponzi Scheme

Dear Esteemed Customer,
It has come to the attention of the Bank that some customers are engaged in the Ponzi scheme called MMM’. Please be advised that this scheme is not in line with any applicable or known investment product and may ultimately lead to loss of funds on the longrun.

We advise that customers avail themselves of genuine and approved investments products in the Nigerian banking environment.
Thank you for choosing Access Bank.
Yours Faithfully,
Access Bank Plc

The Magnificent Seven (2016) Movie Free Download 720p

The Magnificent Seven (2016) Movie Free Download720p BluRay IMDbRatings: 7.2/10Movie Type: Action, Adventure, WesternLanguage Used: EnglishMovie Quality: 720p BluRayA Director: Antoine FuquaFile Size: 1GBSubtitle: English, IndonesiaCasting Name: Denzel Washington, Chris Pratt, Ethan HawkeThe Magnificent Seven Full Movie Freedownload watch onlineonline. direct Single click HD 720pwith High speed kickass Yify torrent pirates baymkv mp4 Film worldfree4u Mediafire PutlockerZippyshare Link

READDOWNLOAD MOVIE: 10 Cloverfield Lane (2016)