Bitcoin News 25 May 2017 – Bitcoin Price Booming!

Bitcoin Today – The Bitcoin price continues to surge ahead and beyond $2600. Are we headed for $3000 in the next few days?   Bitcoin Headlines:   Bitt Reveals Big Plans for Cross-Caribbean Blockchain Settlement Network Bitcoin Price Blazes Past $2400 and Higher in Japan, India and South Korea Whoa! Bitcoin Prices are Booming Fintech revolution will ‘create’ more jobs than it cuts Naspers pours $5M into Coins, a fintech startup for Southeast Asia’s unbanked population Is Bitcoin divisible… if so, how? Cryptocurrency Mania Goes Beyond Bitcoin It’s not just…

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Whoa! Why are Bitcoin Prices Booming?

Bitcoin prices are booming!  As we always say, look at the fundamentals and you will realize that Bitcoin is unstoppable. So, what are the reasons?  Here are a few to consider:-     Who is behind the Spike in Bitcoin prices?  “Bitcoin is up 30% since Friday’s opening prices. It’s doubled in a month. Where’s the demand coming from? It looks like China. Chinese stocks are down around 8% in the past month. Meanwhile, global stocks have been bid (German stocks +6%, U.S. stocks +7%). And gold is flat. But…

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Bitcoin News 24 May 2017

Bitcoin Today – The Bitcoin price continues upward trend past $2300 – strong and bullish with no sign of letting up.  Altcoins such as Ethereun, Dash, Litecoin and Monero performing well.   Other News Headlines:   India’s Government Seeks Public Comments on How Bitcoin Should Be Regulated Has Bitcoin’s Scaling Debate Finally reached Agreement? Deloitte’s Blockchain Team Unveils Prototypes, Research and Alliances at Consensus 2017 Bitcoin ‘Will Be Worth $1 Mln In 10 Years’: Swiss-Based Bitcoin Wallet CEO SWISS EY TEAM & POLYBIUS ARE BUILDING A ‘CRYPTOBANK’, ICO TO FOLLOW…

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Has Bitcoin’s Scaling Debate Finally reached Agreement?

The big elephant in the room has been the big scaling debate between developers and miners for the past two years.  This year saw a faceoff between Bitcoin Core / Segregated Witness and Bitcoin Unlimited which turned pretty nasty at times.  We now hear that there could be acceptance by all parties on implementing an agreed scaling solution… imminently!   Reported by CoinTelegraph:- “According to sources, a number of Bitcoin businesses owners, including Barry Silbert (Digital Currency Group), Roger Ver (Bitcoin.com) and major mining players Jihan Wu (Bitmain) and Valery…

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Bitcoin News 23 May 2017

We are saddened by the bomb blast that took place in Manchester last night – our heartfelt condolences and thoughts are with the families and friends of those affected by this atrocity.   The Bitcoin price continues to stay strong and bullish above $2100. Very High traded volumes are reported from Japan as the country embraces the legalisation of bitcoin as a payment system.   News Headlines:- Status.im and Bancor Protocol Cut Deal to Issue Tokens From Smartphones Toyota, tech firms explore blockchain for driverless cars Blockchain Technology Fuels Global…

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How to Speed up Bitcoin Transactions

Bitcoin adoption globally is booming as more people are investing which is driving increased amount of transactions taking place.  As a result, bitcoin transactions are taking longer than we would like however, there is a short term solution to this.   Below is a video explaining how to accelerate and confirm slow or stuck bitcoin transactions:-     What is the fastest mining transaction fee is right NOW – click here  Check out how many unconfirmed transactions are in the network – click here Latest blocks mined – click here …

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Bitcoin Surges Past $2000!

An exhilarating week of price movement has now seen the Bitcoin price surge past the $2000 mark! Confidence is high with new investors joining the market daily boosting the coin market cap to over $33 Billion.  Strong fundamentals are driving this price and seems no sign of letting up. Will this price get to the $5000 mark anytime soon?   A moment in history captured!       Bitcoin has had a very impressive journey of value growth since the 31 October 2008, when a white paper called “Bitcoin, Peer…

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Bitcoin News 20 May 2017

Bitcoin Today – The Bitcoin price is almost double since January 2017 with no sign of letting up. Hitting record highs over $1900 coupled with the Ethereum price moving up over 20% in the past day. CoinMarket cap now over $60 billion and growing as new investors come into the market.   Other news:-   Abu Dhabi Regulator Joins the R3 Blockchain Consortium SegWit Activation Complete, Litecoin Charts a Course for the Future Microsoft Unveils New Framework to Speed Up Blockchain PoCs Russia’s Largest Exchange is Using Blockchain to Lure…

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Bitcoin poised to Double Price in less than 5 months

It is most difficult to speculate on what the Bitcoin price is going to do in the short term, however, we do know that the price will grow in value over time due to strong and bullish fundamentals.  Price watchers will be interested to know that Bitcoin could double it’s price in the first 5 months of 2017.  This is remarkable growth in value!   Here is a graph showing the bitcoin growth over 6 months – if we take the price 6 months ago $728 and calculate what the…

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Protection from Ransomeware – Healthcare Records on the Blockchain

Blockchain technology is being adopted by many countries and in particular, there is a move towards having medical records on the blockchain.   Recently there was Ransomeware attack on over 100 countries on the 12 May 2017 and one of the countries most affected was the UK and the NHS.  As reported by the BBC – “NHS bosses and the government are facing questions over why hospitals had been left vulnerable to the global cyber attack that crippled services on Friday.   The health service faced a weekend of chaos…

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