Bitcoin Price escalates in 2016

Bitcoin price watching during 2016 has been very exciting – we have seen the halving event on 9 July, Bull runs, stable periods, reactions to exchange hacking and the highest ever traded volume supporting price rises.  Bitcoin price vs US Dollar shows an increase of 168% growth in value – the worlds best performing asset class! All in all, 2016 has been a fantastic year for Bitcoin with increasing institutional, investor and consumer adoption as well as mainstream media coverage.  Geo Political events such as Brexit, the US Elections, Europe…

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Bitcoin Statistics for 2016

Bitcoin has had an incredible year of growth in value!  Here are some interesting statistics:- The Bitcoin price has appreciated by 20 607% in the last 5 years! If you had bought Bitcoin with USD on 1 January 2016 and just held your bitcoin safely, you would have enjoyed a Bitcoin price and value growth of 168%. 2016 was the year of the Blockchain with loads of hype, interest and collaboration by Countries, Central Banks, Large corporations across various industries. Come on Ladies… show some interest!  Bitcoin can change your…

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Bitcoin Price soars past $900!

BULL RUN IN PROGRESS! Bitcoin price has passed $900!  This price level is being supported by high traded volume over 22,5 million Bitcoin in a 24 hour period however, most trading in Yuan. Experts are predicting that Bitcoin will grow by 100% and beyond in 2017!   What is your prediction? Meet the Bitcoin Bull! Get a FREE BITCOIN EDUCATION and keep abreast of the news by following Bit-Media Blog, Bit-Media Facebook page and the Bit-Media YouTube Channel Embrace the new Digital Economy, don’t be left behind! Collect Your Free PDF –…

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What is a ROSCA on the blockchain?

A ROSCA is a rotating savings and credit association (ROSCA). A group of individuals who agree to contribute for a defined period in order to save and borrow together. This is a form of combined peer-to-peer banking and peer-to-peer lending and usually between immigrant communities in a developed country or communities in a developing country. According to Wikipedia, F.J.A. Bouman described ROSCAs as “the poor man’s bank, where money is not idle for long but changes hands rapidly, satisfying both consumption and production needs.” Now ROSCA’s are being developed using…

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The benefits of Bitcoin

Need to know more about the benefits and power of Bitcoin? Bitcoin runs on the internet and not through the banking system which makes it impossible to stop. Have you joined the Bitcoin Revolution yet? Watch this video featuring Naomi Brockwell, former Policy Director for the NY Bitcoin Center, and Reason Magazine Reporter Jim Epstein on how Bitcoin is used.   Get a FREE BITCOIN EDUCATION and keep abreast of the news by following Bit-Media Blog, Bit-Media Facebook page and the Bit-Media YouTube Channel Embrace the new Digital Economy, don’t be left…

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An Introduction to We Trust – a reciprocal aid platform powered by the Blockchain!

Introducing Patrick Long and George Li from We Trust, based in San Francisco who are building a collaborative lending and insurance platform on the blockchain aka ROSCA. “What is ROSCA? Simply put, it is a Mutual Insurance organization where voluntary participants play the role of both customer and shareholder. They exist in many forms around the world including rotating savings and credit associations (referred as ROSCA from hereon in this document, also known by different local names globally), mutual insurance groups, fraternal organizations, religious groups, and professional societies. In these…

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Bitcoin Price Watch 16 December 2016

Bitcoin price today is $785.44 – a steady week has passed with Bitcoin consolidating around the $780 upwards level. We have a WINNER – Nehuen Mac Allister who predicted the bitcoin price to be $786 at time of video recording – Congratulations, you have won 0,2 bitcoin which is currently worth $157! What are your predictions for 2017? Experts are saying Bitcoin will move up beyond $2000. Taken from a Bloomberg article posted today as to the reasons why Bitcoin is performing so well “1. Capital Controls Global restrictions on…

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Bitcoin News 16 December 2016

Bitcoin today 16 December 2016 – the Bitcoin price has remained considerably stable over the past week and currently around the $783 level. Bitcoin headlines – FX Markets Shrink While Bitcoin Expands; Important Milestones in the Evolution of Bitcoin Casinos; The Singapore dollar is likely to slide to levels seen in the aftermath of the global financial crisis as the Monetary Authority of Singapore resumes easing policy in April; After surging more than 75% so far this year, bitcoin prices could finish 2016 even higher, according to a panel of…

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Bitcoin News 15 December 2016

Bitcoin today 15 December 2016 – the Bitcoin price has gained $40 since 1 December 2016 which equates to a 5% growth in two weeks. Bitcoin reached $800 in China this week! Bitcoin headlines – Yahoo (YHOO, Tech30) disclosed a new security breach on Wednesday that may have affected more than one billion accounts; The dollar climbed the highest level since 2003 against the euro as the prospect of a steeper path for U.S. interest rates next year filtered through markets; Coin Center report points out that the most useful…

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I should have bought more Bitcoin!

When to buy Bitcoin… I should have bought more Bitcoin! The Bitcoin price is moving on up as the consumer, investor and institutional adoption is on the rise. Demonetization has started as countries move into the new digital economy.   Did you miss out on buying Bitcoin when is cost just $1? Don’t worry… you have not lost out. Today’s Bitcoin price will be considered CHEAP in a few years time.   Many people are investing in altcoins, particularly those with strong use cases.       Get your copy…

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