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Ukraine Sees Bitcoin Investments Up 500 in 12 Months

Ukraines Bitcoin investment figures have shot up 500% in a single year, according to Bitcoin Ukraine founder Andrey Dubetskiy.

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Dubetskiy: Growth Reasons Same Throughout The World

The figures, which Dubetskiy revealed in comments to local news resource Payspace, represent growth from 500,000 hryvnia ($18,400) to 2.5 million ($92,000) hryvnia per week through 2016.

"The reasons behind the growth are the same as those throughout the world," he told the publication.

Specifically, distrust of national currencies, an unstable economy, asset movement restrictions, the shadow economy, little choice and regulation of financial instruments, demand for digital and global financial instruments, growth potential for Bitcoins price as an investment and many others.

Ukraine has become an active participant in both Blockchain studies and Bitcoin as a consumer asset.

Despite its recent turbulent political and economic history, cryptocurrency usage has been fostered � or at least left untouched by premature regulation � and continues to serve as an investment alternative to the hryvnia, which since 2014 has lost two thirds of its value.

Localbitcoins volumes in Ukraine have also seen their best times ever in recent months, with weekly trading edging towards new highs each week.

"Considering the general upward trend in Bitcoins exchange rate, the majority of customers are buying in order to profit from speculative operations, while some investors transfer a part of their assets to Bitcoin," Mikhael Chobanyan, CEO of local exchange Kuna.io, added.

Weak Economy + Bank Crisis = Blockchain

In a bid to bail out its creaking economic infrastructure, Ukraine was forced to nationalize main lender Privatbank last December amid concerns "panic" would arise if things were left as is.

"Other banks would not be getting their loans back from PrivatBank, a series of bankruptcies would begin, and there would be panic," Oleksandr Savchenko, head of Kyivs International Institute of Business, commented on the situation prior to the move being finalized.

On the Blockchain front meanwhile, a scheme involving the Central Bank to introduce the technology to governmental processes appears to be gaining momentum.

Q3 last year saw publication of a roadmap from the National Bank of Ukraine for its Cashless Economy scheme, which set out ways and deadlines for use of Blockchain in cases such as payments.

"The [National Bank of Ukraine (NBU)] Board has approved and presented a roadmap for Cashless Economy, which will use Blockchain technology in Ukraine for the first time," spokesman Konstantin Yarmolenko wrote�on Facebook at the time in a post subsequently removed.

Elsewhere, Ukraine was the first country in the world to launch sanctioned Bitcoin futures trading on its national exchange. Investor interest was also given as the main motivation for the move, which authorities announced in the midst of the Privatbank debacle.

What do you think about Ukraines Bitcoin growth? Are you there and seeing changes? Let us know in the comments below!

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Images courtesy of Shutterstock

The post Ukraine Sees Bitcoin Investments Up 500% in 12 Months appeared first on Bitcoinist.com.

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Tutorial Hacking E63 Firmware Terbaru FW 500

Nokia merupakan salah satu merek ponsel yang sudah terkenal luas di seluruh dunia, walaupun sudah sedikit mundur akibat munculnya berbagai merk hp lain yang melanda dunia ini, seperti Blackberry dan Nexian. Namun di bidang modifikasi, nokia jauh lebih unggul dibanding ponsel lain, karena aplikasinya yang sudah berjuta-juta di internet untuk melengkapi kekurangan berdasarkan tipe ponsel nokia tersebut, bahkan sampai tipe ponsel yang paling ekonomis.
Namun tidak semua aplikasi dapat terpasang begitu saja ke dalam ponsel Nokia, (yang paling sering karena certificate error, :D). Maka dari itu, agar aplikasinya dapat terpasang, dilakukan proses HACKING terlebih dahulu. Dalam tutorial ini, saya menggunakan ponsel Nokia E63 dengan Firmware tergolong baru, RM 437 501.21.001. Kalau agan juga berminat mengupgrade firmwarenya, klik disini. Berikut tutorialnya
Hal-hal yang dibutuhkan :
1. Komputer dan hpnya (wajib)
2. Aplikasi Free signer download disini
3. Certificate dan key, baca disini
4. Aplikasi Helloox2 terbaru ( 2.04 ) download disini
5. Kopi atau teh dan cemilan :D

Cara Hacking
1. download semua aplikasi yang dibutuhkan yang ada di atas
2. pasang aplikasi free signer di hp agan (tahun dan bulan dimundurin sampe bisa, kalau saya sampai tahun 2009)
3. sign helloox2 dengan free signer dan certificate & key, cara buatnya cert dan key disini
    cara signnya :
    buka free signer


pilih options, settings


   ganti sign cert dan sign key dengan cert dan key yang anda download sebelumnya
   setelah itu, kembali ke awal, add task, lalu pilih file helloox2, Go!

4. instal helloox2 yang sudah signed tadi
5. jalankan helloox2, jika prosesnya sudah selesai seperti gambar di bawah ini, pilih ok

6. buka rompatcher, lalu pilih open4all_RP+, jangan lupa di auto



 Selamat!! ponsel anda sudah HACKED!

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