Lutpin

This is Lutpin, and I edit, review and publish articles for CryptoNews.
Sometimes, I also write them myself.

I started being interested in bitcoin and cryptocurrencies as far back as late 2012/early 2013. A year later I dropped out of the scene due to losing interest. Since 2015 I'm back in and involved deeper than ever. Besides writing articles, I'm a huge fan of gambling, preferrably combined with cryptocurrencies. Another big interest of mine are physical bitcoins, I know everything about them. Besides Crypto-News and Crypto-Games, you can find me mainly on bitcointalk.org

106 articles published

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Chronobank [TIME]

Have you ever wanted a service that would let you do what you're good at and get paid at the same time, but you struggle to find clients for your work? Chronobank solves this problem by utilizing a system that allows anybody to sell their labor and get money for it, as Chronobank's system is…

March 5, 20170Comments

ByLutpin

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Global Bitcoin Market becomes Less Dependent on China as Price Surges

The People’s Bank of China (PBoC) has already asked Bitcoin exchanges in the country to put in place a fee system for trading. This crypto currency is gradually becoming an emerging force in the world market especially China. Numerous investors and traders are convinced that the Chinese dominated more than 90 percent of the International…

February 28, 20170Comments

ByLutpin

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Majority of Chinese Miners are not Happy with SegWit

Bitcoin miners in China have allegedly joined together against Segregated Witness or SegWit. This was reported in 2016 by Phil Potter, a Bitcoin developer and Bitfinex chief security officer. In fact, there were attempts by the Chinese bureaucracy to delay or oppose the crypto currency. According to Mr. Potter, proponents of Bitcoin need to communicate…

February 27, 20170Comments

ByLutpin

How Blockchain Could Help End Poverty in All Its Forms

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When Disaster Strikes, Blockchain Technology can Help Saving Lives

Start-up enterprises identified industries where the Blockchain platform can have effective use because of its decentralized network and distributed ledger technology (DLT). It enables safe transfer and storage of information as well other digital assets. These sectors include financial services; cyber security; cloud computing; supply chain management; healthcare; land title registration; electronic voting; and, disaster relief.…

February 26, 20170Comments

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Bitcoin ETFs – A comprehensive introduction

The Bitcoin Investment Trust (BIT) issues the Bitcoin Exchange Trade Fund (ETF). BTI invests exclusively on Bitcoin and launched operations in September of 2013. This ETF (BIT share) trades like a common stock. It may be purchased and sold by private individuals. Each GBTC (first publicly-traded fund for Bitcoin) share (Bitcoin ETF unit) stands for…

February 25, 20170Comments

ByLutpin

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Killing Bitcoin is Impossible

L H Li, former President of the People’s Bank of China, was interviewed live on TV in China. Here he articulated that Bitcoin was created on a unique platform that has no national borders. Killing the crypto currency is practically impossible. In other words, Bitcoin will continue to be in the market. The more important…

February 24, 20170Comments

ByLutpin

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Ways to Book Personal Travels Using Bitcoin

Now, frequent travelers have another option. It is now possible to make bookings for airfare and hotel accommodations using the controversial Bitcoin currency. The fact is this crypto currency can now be used to pay for airplane tickets, rent cars and book hotels in different cities worldwide. Many travel agencies are already using Bitcoin allowing…

February 23, 20170Comments

ByLutpin

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Mining Ether, Monero and Zcash Using GPU

Commodity trading is often challenging. Things are different when it comes to digital currencies like Altcoins Ether, Monero and Zcash. The standard is daily movements go beyond one percent which is the practice for any crypto currency. The process here is mining instead of trading. Background of Currencies Ether is an element of fuel for operating Ethereum…

February 22, 20170Comments

ByLutpin

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Many People Do Not Know the Meaning of Segregated Witness

It appears that Litecoin will also adopt Segregated Witness or SegWit. This is a proposal on how the network of Bitcoin can be scaled so it will have the capacity to deal with higher transaction volumes. Fortunately, this proposition is gradually becoming more acceptable in a development sector that used to be divided. The core…

February 21, 20170Comments

ByLutpin

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Protect Your Bitcoin Privacy and Security Online

Bitcoin offers various levels of privacy and security online as long as it is used correctly. As digital currency, Bitcoin uses encryption techniques to regulate the generation of currency units, as well as verify the transfer of funds while it is independently operating from any central bank exchanges. About Bitcoin Exchange A licensed payment institution in the…

February 20, 20170Comments

ByLutpin