Original Article –
All credit for Redazione Wall Street Italia

The Bitcoin race, the world’s most popular encryption currency that, as of Dec. 10, can also hit the markets thanks to futures contracts, is not bound to stop and should actually accelerate next year .

“I would not be surprised to see media titles that speak of a six-figure sum,” says CNBC Dave Chapman, managing director of Octagon Strategy’s crypto marketing company, which sees the advance of $ 100,000 before the end of 2018 .

At the beginning of the year, Chapman had guessed that Bitcoin would have raised more than $ 10,000 by 2017. Currently, encryption is marketed at about 10 percent in the $ 16,540 area, according to the CoinDesk index. The index, up 156% in the last month, projects the value of the digital currency on the Bitstamp, Coinbase, itBit and Bitfinex exchange platforms. According to data from, Bitcoin is worth $ 16,775 at this time (+ 19%).

On the first day of trading on the CBOE platform futures market, contracts due in January change into $ 17,600 around 11.45 in Italian. Futures, which started trading at midnight yesterday (5 o’clock local time, Central Standard Time) at $ 15,000, increased to a high of $ 18,700.

What happened at Blockchain & Bitcoin Conference Malta

Thursday, December 7th was held at Blockchain & Bitcoin Conference Malta, an event organized by the company Smile Expo in a series of conferences on the topic of advanced technologies. Matteo Oddi talks about it in an article written for Wall Street Italy.

“After Moscow, St. Petersburg, Kiev, Stockholm Tallinn, Prague, was then in St. Julian’s, the economic capital of the Mediterranean island, to meet for a day of experts, beginners and industry enthusiasts from all over Europe.

The meeting lasted a little more than eight hours and the issues covered went from broad issues such as regulating ICOs to more technical topics such as writing applications for Ethereum, from the advantages of marginal negotiation in Internet cryptography to things.

Silvio Schembri, Parliamentary Secretary for Financial Services, Digital Economy and Innovation is invited to the opening speech. Schembri reiterated once again the local government’s willingness to make Malta a center of blockchain technology in the next two years, capable of attracting companies operating in fintech and games, for which Schembri elects to set up a special control body.

The relationship between the central authorities and the block chain was deepened by Gregory Klumov, CEO of Stasis, a platform designed to create tokens coupled with traditional assets such as fiat currencies or commodities. Klumov, whose project has already received the support of the governments of Kazakhstan and Malta, sees digital assets as a transparent alternative to normal liquid investments and believes that the economy is starting to “tokenize” the next “financial” step started in the years 80, at the end of which the system can count on faster transactions, lower costs and greater security.

And all of this, recalled that Klumov cited a “prudent” estimate by Goldman Sachs, will generate a market of 21 trillion dollars by 2025. Other day-to-day talks touched on the theme of the union between the different facets of the blocking ecosystem and advanced technologies, though under very different perspectives.

Abdalla Kablan, the entrepreneur and founder of the network startup Scheduit, introduced himself as a geeky fan of data and informed the public about the need to build artificial empathic intelligences (“more like Aristotle than with Einstein”) of the block chain. DLT (Distributed Ratio Technology), such as the IOTA Tangle, supports Kablan, will be the central element in validating processes with the Internet’s leading actors of things, AI (Artificial Intelligence) and machine learning. But lawmakers “able to come down to the level of an information protocol” will be needed.

The confluence of artificial intelligence and finance dominated the presentation of Gimmer, one of the startups who hosted the event. This London-based company specializes in automated algorithm cryptography and offers its users the ability to create or rent bots that develop trading strategies. And in three and a half years, according to the project roadmap, bots will be available to create, test different trading strategies, and then recommend the most profitable to the individual user based on their risk profile.

Gimmer is currently in the pre-sale phase, while the initial money supply will begin on January 3, 2018.

Other startups that took turns on stage deserve mention of Apla, a block platform that challenges Ethereum in the field of application design and Health Monitor, a company in the Czech Republic that created the first “device for the non-invasive diagnosis of blood sugar levels, diabetes, stomach ulcer and lung cancer. ”

The relationship between the new companies and the regulation was the focus of a panel in the ICO, where the four different views of Steven Tendon (founder of the Blockchain Malta Association), Max Ganado (law firm partner GANADO Advocates), Ian Gauci (a member of GTG Advocates) and Theo Dix (from the consulting firm EY), who attempted to strike a balance between the need to institute anti-fraud procedures to protect investors in ICOs and the need to deprive the initial opportunities of this type of fund raising of funds. Or, to use the words of one of the moderators, the president of Bitmalta, Jonathan Galea, to study the rules reminding that “there is a difference between regulation and restriction.”

Immediately after Leonardo Bonello, a member of GANADO Advocates, he illustrated his view on ICO: a phenomenon to be reevaluated (the title of his speech was in fact “Demystifying ICOs”) the son of a world born of the financial crisis, where the confidence In banks and institutions has declined and, instead, there is trust in peers and technology, a phenomenon summarized by the emergence of P2P networks.

Despite the diversity of viewpoints among these speakers, a point of consensus emerged, namely that the real challenge for the authorities is to find the appropriate tools to deal with a mutation that affects all of society and is exemplified precisely by the characteristics of technology blockchain: the passage from the trustworthy economy to the economy of transparency.