Bitcoin could rival gold in terms of reliability

Bitcoin could join gold as a reliable, long-term way to store wealth as the cryptocurrency gains users and value, JP Morgan’s analysts believe.

They predicted that the Bitcoin craze could result in something resembling a more traditional asset class as the digital currency hit a price of more than US$11,000. Both Cboe Global Markets and the CME Group plan to start offering Bitcoin futures this month.

The move to join more formal financial markets “has the potential to elevate cryptocurrencies to an emerging asset class,” according to JP Morgan analyst Nikolaos Panigirtzoglou.

The stance is surprising because JP Morgan’s chief executive and chairman Jamie Dimon has long been a critic of Bitcoin. This month the powerful Wall Street boss said he would fire anyone trading Bitcoin, warning that the cryptocurrency “will blow up.” He called it a fraud “worse than tulip bulbs,” a reference to an infamous bubble in the 17th century. He said in 2015 that it would never go mainstream.

But Mr Panigirtzoglou believes the market is changing. “The prospective launch of Bitcoin futures contracts by established exchanges in particular has the potential to add legitimacy and thus increase the appeal of the cryptocurrency market to both retail and institutional investors,” he said.

The analyst said this was important because it makes Bitcoin increasingly useful “as a store of wealth and means of payment”, which could drive its value higher. The blockchain technologies which underpin Bitcoin appear to make it particularly secure for transactions and for storing wealth, he said.

“Judging by other stores of wealth such as gold, cryptocurrencies have the potential to grow further from here,” he added. Bitcoin has not overtaken gold in terms of investment levels, value in circulation or transaction volumes. But it has grown rapidly and could make more progress to match or even surpass the use of gold.

The total value of all Bitcoins and other cryptocurrencies is now more than US$300 billion, Mr Panigirtzoglou said, compared with US$1.5 trillion for all of the gold outside central banks’ vaults.

However, the cryptocurrencies are more valuable than the US$90 billion of gold held via exchange traded funds (ETFs), which indicates the scale of growth of Bitcoin and Ethereum, the second-largest such cryptocurrency. Last month Bitcoin trading volumes hit US$140 billion and Ethereum rose to US$30 billion, compared with an average of almost US$900 billion per month in gold trading.

Mr Panigirtzoglou estimates that a net US$6 billion has been invested in cryptocurrencies since 2009, indicating that the US$300 billion total market capitalization is based on a relatively illiquid market. However, he did warn that Bitcoin’s rise was by no means certain. “Any given cryptocurrency does face competition from other cryptocurrencies,” he said.

Source: http://business.financialpost.com/investing/bitcoin-could-rival-gold-in-terms-of-reliability-long-term-wealth-jp-morgan

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Download Torrent Files Through SEEDR.CC

I wondered many times for downloading torrent files without using torrent clients. Visited many sites and didnt found good sites to cache a torrent file, but lately i have found a great website named ‘seedr.cc’ which provides both reliable connection and storage capacity. I feel very much great using this site fore caching the torrent files.

Many caching sites provide torrenting facilities but storage wise seedr.cc is the most splendid site i have ever used. It provides 2.5 GB of storage while we first use, after that it goes on increasing when we refer a friend. Also we can increase storage by posting it on twitter,blogs and youtube.

Here’s little steps which will help you to download torrent files through Download Manager. I have taken an example of from downloading torrent from a torrent website http://www.extratorrent.com

Only the torrents with more seeds/peers can be downloaded easily…

Open any torrent site
Search the torrent which you want to download (eg. I have searched a movie named Escapee)
Select the torrent and copy the download link

Now open a next tab and go to website: https://www.seedr.cc
Paste the download link in the textbox before ‘+’ sign
Click on ‘+’
If it asks to log in before download, then use your any email id to sign up
Now wait for 60+ seconds until the link appears.
After 60 seconds, you will get the download link.. just copy it and paste it in our favorite Download Manager finally you are done.

Download torrent files through Download Manager

wondered many websites, thought many times about, what if we could the torrent files with Download Manager. It would be very awesome if we can get accelerated download speed also while downloading torrent files.

Here’s little steps which will help you to download torrent files through Download Manager. I have taken an example of from downloading torrent from a torrent website http://www.h33t.com

Only the torrents with more seeds/peers can be downloaded easily…

Open any torrent site
Search the torrent which you want to download (eg. I have searched a movie named Escapee)
Select the torrent and copy the download link

Now open a next tab and go to website: http://www.torrific.com
Paste the download link in the textbox
Click on Get
If it asks to log in before download, then use your any email id to sign up
Click on initiate bittorrent transmission
Now wait for 60+ seconds until the link appears (you must wait)
After 60 seconds, you will get the download link.. just copy it and paste it in our favorite Download Manager finally you are done.

 

Ways to speed up the wireless DSL router

Are you disappointed with the signal of your router…. You think that your router is now not able to amplify the signal and you want to buy new powerful router…wait,wait

Before purchasing the new router, try these 6 steps …it can help you with your current router.

  1. Place the router in the center of your house.
  2. Place the router in that position so that walls do no interfere the signal,i.e. place the router away from the wall.Also,do not place the router near beam, keep away from the metals.
  3. If possible use amplifiers instead of the default wireless antenna.
  4. In case of long range distribution use repeators.
  5. Change the router’s channel to increase the strength. Wireless default channel is 6, so change it to channel 1. The computer will detect the new channel itself.
  6. Use other devices which do not match the range of the configured router

Tips for securing wireless network from hackers

1.Strategic antenna placement:

The first thing you have to do is to position the access point’s antenna in a place which restricts the range of its signal to go further than the required area. You should not put the antenna close to a window because glass can’t obstruct its signals. Place it in a central location of the building.

2.Use WEP:

WEP stands for Wireless encryption protocol.  It’s a customary technique for encrypting traffic on a wireless network. You should never skip it as that will allow hackers to get instant access to the traffic over a wireless network.

3.       Change the SSID, disable the broadcast of SSID:

SSID stands for service set identifier.  It is the recognition thread utilized by the wireless access point due to which the customers are capable of starting connections. For every wireless access point arranged, select an exclusive as well as unique SSID. Also, if it’s attainable, hold back the broadcast of the SSID out over the antenna. It won\t appear in the listing of offered networks, while being able to provide services as usual.

4.       Disable DHCP:

By doing this, the hackers will have to decode the TCP/IP parameters, subnet mask as well as the IP address in order to hack your wireless network.

5.       Disable or modify SNMP settings:

Change the private as well as public community settings of SNMP. You can also just disable it. Otherwise the hackers will be able to utilize SNMP to get significant info regarding your wireless network.

6.       Utilize access lists:

For additional security of your wireless network, and if your access point support this feature, employ an access list. An access list lets us determine precisely which machinery is permitted to attach to an access point. The access points which include the access list can employ trivial file transfer protocol (TFTP) now and then in order to download modernized lists to steer clear of hackers.

courtesy: computerfreetips.com