Bitcoin News 22 March 2017

Bitcoin Today – the Bitcoin price has recovered from last week’s drop below $1000 only to pass the $1100 mark but settle under this today. Expect some volatility in the coming weeks. The news is still dominated by the scaling debate – these are the other headlines in the news today. Following on from the suspension of Chinese Exchanges in January 2017, CHINESE BITCOIN EXCHANGES are expected to resume withdrawals soon; Western Union Seeks Patent for Digital Currency Analysis; Ethereum Developers Publish Roadmap for EVM Upgrade; Japan Exchange Blockchain Consortium…

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What is Bitcoin Unlimited?

You have no doubt heard that there is a big debate going on in the Bitcoin world. There are two differing opinions on how to make sure Bitcoin can scale to meet the continuing increase in transaction volume and Bitcoin adoption. The are Bitcoin Unlimited and Segregated Witness from Bitcoin Core team. Watch this short explainer video to find out what Bitcoin Unlimited is. Should you wish to follow the story in more depth, here are a few articles to read. Bitcoin, to scale or not to scale The Big…

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Bitcoin News 17 March 2017

Bitcoin Today – It has been an action packed week from the ETF ruling on the 10 March 2017 declining the bid to list on the stock exchange to the Bitcoin price defining the odds and pushing past the $1200 mark only to drop again today to the lower $1100’s. Altcoins soared this week with Ethereum topping $100, the third cryptocurrency to achieve this. We need to keep a close eye on a few of these Altcoins such as Dash, Monero and Litecoin. Other Bitcoin Headlines- Investment Firm Blockchain Capital…

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Bitcoin Price Watch 17 March 2017

Bitcoin Price prediction today – In a surprising turn of events after the negative ETF ruling, the Bitcoin price surged past $1200 this week only to settle under this in the past 24 hours. Altcoins continue to surge this week – is this due to the transaction delays in the Bitcoin network or the scaling debate; Altcoin price speculation with higher risk and returns or the belief of their individual role in the digital currency space. The fundamentals are still strong for Bitcoin – we are coming up to a rate…

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Bitcoin News 16 March 2017

Bitcoin Today – the Bitcoin price has dropped below $1250 but if you look at the past week, the price has been doing the sideways jive while altcoins have been pushing to new highs. Bitcoin Headlines – Coinbase to Charge Fees for On-Blockchain Transactions; Ethereum jetting ahead; Millions of Consumer Devices Vulnerable To Hacking Via Sound Waves; No Bitcoin Hard Fork please; Nasdaq is Helping Build a Blockchain Market for Ad Contracts; Google AI Firm’s Blockchain Project for Hospitals Faces Concerns over Patient Data; Japanese Blockchain Consortium Exceeds 100 Members,…

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No Bitcoin Hard Fork Please!

Vinny Lingham, CEO of Civic and Angel Investor, is speaking out about support for a contentious Hard Fork which creates another Bitcoin.  According to Lingham, we need to convince miners and the Bitcoin community not to consider doing a Bitcoin Unlimited Hard Fork. Discussion points from the article:- Exchanges confirmed they would list BTU (Bitcoin Unlimited) as an altcoin should there be a Hard Fork Bitcoin’s greatest Asset is its brand awareness – the strongest brand in crypto space Bitcoin Unlimited will just become an altcoin if it does not…

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The Big Bitcoin Debate – SegWit vs Bitcoin Unlimited

The next BIG Bitcoin event in the Bitcoin Ecosystem is all about scaling, a discussion that started a couple of years ago.  As Bitcoin’s value and adoption continues to grow, it is clear that the bottle neck in confirming transactions on the blockchain needs to be resolved. This brings us to the current debate that is raging within the Bitcoin Community. Bitcoin Core are pushing for the adoption of Segregated Witness (SegWit) and then there is Bitcoin Unlimited on the other side. This has been put to a vote by…

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Bitcoin News 14 March 2017

Bitcoin Today – the Bitcoin price is looking very strong – will the price move to $1500 soon? It is anyone’s guess and as we always say, keep your eyes on the fundamentals. Despite predictions that if the ETF wasn’t approved, the Bitcoin price will drop and volatility rise – drop it did but recovered strongly as Bitcoin shruged off rejection by US regulators. Bitcoin Headlines – Dubai Government Taps IBM For City-Wide Blockchain Pilot Push; Ireland Is Becoming a “Landing Spot” for Blockchain Tech; EU Draft Law Outlines Parliament…

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Bitcoin Adoption in Taiwan

Taiwan is known for night markets, themed restaurants, free WiFi, mock meat, Little League baseball… and Hello Kitty obsession.  Tourism in Taiwan is one of the major industries and contributor to the economy of Taiwan with approximately 10 million international visitors visiting Taiwan during 2015. Taiwan’s is an exporter specializing in production of electronics and machinery, and is one of the world’s largest suppliers of computer chips, LCD panels, DRAM computer memory, networking equipment, and consumer electronics. Another major industrial export sector which is in decline, is the Textile industry. Taiwan’s first…

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Bitcoin News 11 March 2017

Bitcoin today – the Bitcoin price fell off a cliff when the SEC denied the bid to have the first ETF listed on the stock exchange. The Winkelvoss Twins will live to fight another day while the market reacted sharply only to correct later and move up to the mid $1100’s. Expect a bit of volatility over the next while… maybe. Sometimes when you think the price will drop, it rises! Certainly not an exact science. Bitcoin Headlines – Industry Speaks Out in Aftermath of Bitcoin ETF Rejection; Bither CEO:…

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