CloudCoin news

Press Release: Next-Gen currency CloudCoin to join BitShares exchange

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CHICO, Calif., May 17, 2018 — CloudCoin, a revolutionary non-blockchain, non-crypto digital currency will soon trade via BitShares, the world’s most advanced decentralized currency exchange.

The BitShares exchange (https://bitshares.org) already allows for trading of U.S. dollars, Chinese renminbi, bitcoins and others, most recently adding gold to become the only decentralized digital exchange for gold trading.

“BitShares is on the cutting edge of exchange technology and adding CloudCoin sharpens that edge,” Bitshares founder and former NASA scientist Stan Larimer said.

Cloudcoin will be traded on the Bitshares exchange

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Stan Larimer, the GodFather of BitShares is one of the top crypto people in the world. During this interview moderated by Connie Willis (Crypto Connie) Stan and Sean Worthington, the founder of RAIDA and CloudCoin reveal that they are teaming up to trade CloudCoin on the Bitshares exchange. 

The second Celebrium Celebrity has 1.1 million followers just on her Instagram account

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The second Celebrium Celebrity has 1.1 million followers just on her Instagram account. She has been everything from a model to an actress. Her name is Jenny McCarthy.

Celebrium is powered by CloudCoin and is the first digital collectible since Crypto Kitties. However, Celebrium can be traded privatly and instantly. It is easy to buy and sell. More details http://celebrium.com

The first Celebrium Celebrity will be a baseball player in honer of baseball cards

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The first Celebrium Celebrity will be a baseball player in honer of baseball cards. The player is a 4 time all star and his name is Jim Edmonds.

Celebrium is powered by CloudCoin and is the first digital collectible since Crypto Kitties. However, Celebrium can be traded privatly and instantly. It is easy to buy and sell. More details http://celebrium.com.

James Patrick Edmonds (born June 27, 1970) is an American former center fielder in Major League Baseball and a current broadcaster for Fox Sports Midwest.

58 million CloudCoins were traded last month in April

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58 million CloudCoins were traded last month in April. This month we got an accurate picture of how many CloudCoins are being authenticated. These authentications are most likely happening because they are being traded. You can check the live stats here: https://cloudcoin.digital/pownstat.

CloudCoin to be accepted as payment at virtual mall

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in news

XYZBUYS.com will become the first online retailer to accept CloudCoin as payment. Implementation is expected within the second quarter of 2018.

XYZBUYS is the anchor tenant of a virtual shopping mall along with 130-plus name brand and specialty retail stores featuring over two million products, in additional to products and services offered by hundreds of XYZ affiliates.

CloudCoin lead scientist Sean Worthington discussed this major advancement on a recently aired “The XYZ Radio Show” on iHeart Radio.

Cloud-Currency Expert Sean Worthington is Guest on “The XYZ Show”

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CloudCoin continues the series of successful media appearances over the United States introducing the RAIDA technology and presenting the updates of our journey to create the perfect digital currency. Sponsored by XYZBUYS.com, “The XYZ Show” is pleased to announce that Sean Worthington, cloud-currency expert and initiator of the “CloudCoin”, will be the featured guest. The “XYZ Show” airs on AMFM247.com this Saturday, 3/31/2018, at 9:00 AM EST.

XYZBUYS is the anchor tenant of a virtual shopping mall along with 130+ name brand and specialty retail stores. Rooted in community, XYZBUYS encourages everyone to take initiative for their career and financial future.

CloudCoin is not a Security

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We are almost eleven months into the CloudCoin experiment and it has been a great success. We can see that there are on average close to 5,000 transactions every day and growing. These transactions happen completely anonymously and within seconds. This next year promises huge advances CloudCoin use throughout the world.

However, there is at least one person, or small group of people (mostly Italians) who somehow got the idea that CloudCoin was a security. They believed that CloudCoin was run by a company and the owner is Sean Worthington. They bought CloudCoins as an investment and are angry because they were unable to sell their CloudCoin for a profit on an exchange. They call CloudCoin a scam and its inventor a clown.

10 reasons why CloudCoin is better than Bitcoin and will dominate the world of digital currencies

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If you are not living under a rock you already know at least one or two things about the newest stars on the internet – Blockchain and Bitcoin (traded as BTC). There are public listed companies nowadays which added Blockchain to their name and became 300% more valuable in the span of just few days. The absolute harsh reality is that 95.89% of Bitcoins are owned by 3.47% of the wallets (September 2017 stats) this meaning at the end of the day that the owners of the wallets can manipulate the price of Bitcoins.

Also, for a transaction of $5 in Bitcoin equivalent the fees are $20 in average which makes a daunting task for BTC to be mass adopted in retail. If you also add the fact that it takes hours to even days to have a transaction confirmed then you simply understand that Bitcoin failed big time in becoming a mass adopted currency. The major payment platform Stripe announced recently that will stop processing Bitcoin transactions on April 23, 2018. Stripe staff anounced this on the blog: “Over the past year or two, as block size limits have been reached, Bitcoin has evolved to become better-suited to being an asset than being a means of exchange. Given the overall success that the Bitcoin community has achieved, it’s hard to quibble with the decisions that have been made along the way. (And we’re certainly happy to see any novel, ambitious project do so well.)

This has led to Bitcoin becoming less useful for payments, however. Transaction confirmation times have risen substantially; this, in turn, has led to an increase in the failure rate of transactions denominated in fiat currencies. (By the time the transaction is confirmed, fluctuations in Bitcoin price mean that it’s for the “wrong” amount.) Furthermore, fees have risen a great deal. For a regular Bitcoin transaction, a fee of tens of U.S. dollars is common, making Bitcoin transactions about as expensive as bank wires.

Because of this, we’ve seen the desire from our customers to accept Bitcoin decrease. And of the businesses that are accepting Bitcoin on Stripe, we’ve seen their revenues from Bitcoin decline substantially. Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense.” Read here the entire article on Stripe’s blog! 

Randi Zuckerberg just tweeted today about CloudCoin

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Randi Zuckerberg just tweeted today about CloudCoin after a conversation with Sean Worthington, the founder of Raida and CloudCoin. Randi is the former Director of Market Development and spokesperson for Facebook, and a sister of the company's co-founder and CEO Mark Zuckerberg. Prior to working at Facebook, she was a panelist on Forbes on Fox. As of May 2014, she is founder and CEO of Zuckerberg Media. CloudCoin is on the way to become a global, widely adopted digital currency and CloudCoin Consortium thanks Randi Zuckerberg for the mentions.