Cryptocurrencies are not all equal

Bitcoin is most certainly the ’Big Daddy’ of crypto, being the first to market and now with a proven store of value and resilience.  Bitcoin’s value has increased by over 30,000% since creation in 2008 and has taken some heat from governments, regulators, central and commercial banks as they become aware that cryptocurrency cannot be ignored.   The success of Bitcoin has prompted more development of alternative cryptocurrencies, some very similar to others and some with specific use cases. The rise in value and adoption of certain altcoins have shown…

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Bitcoin News 1 September 2017 – Cryptocurrency Market Cap Heading for $200Billion

Bitcoin News today and the Bitcoin price has reached an all time high of over $4800 – are we going to see a $5000 level soon? At the time of publishing, the Cryptocurrency Market Cap was $174,052,229,992 comprising of 866 Currencies / 230 Assets and trading in 5411 Markets – source coinmarketcap.com. The Ethereum price has taken off in the past week as it nears $400 with Dash prices following suit.   Altcoins are contributing significantly to the rise in market cap as the graph below shows.       Other news…

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Bitcoin and Altcoins: Blockfolio App Review – Thumbs Up!

What is Blockfolio? According to the website, Blockfolio is a Bitcoin and Altcoin Portfolio where they “offer a complete cryptocurrency management, with easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual currencies and your entire portfolio all in one place”   With features such as Charts and Price notifications in various currencies such as USD, CNY, EUR, GBP, AUD, CAD, SEK, BRL, and others, downloading the Blockfolion is a must!   Also, a great way to track a new…

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Bitcoin News 24 August 2017 – Bitcoin’s SegWit Finally Activated

Bitcoin news today which leads with SegWit being activated – bringing the years-long debate over the “contentious code upgrade to an official close”. Now the next discussion and agreement looms – doubling the blocksize from 1Mb to 2 Mb – all this to allow Bitcoin to scale and reduce transaction time.       Other News headlines:-   The Yours Network Switches from Litecoin to Bitcoin Cash for Cheaper Micropayments – Initially launched with Bitcoin but transaction fees became too high to justify micro payments.   Blockchain-driven digital identity fraud…

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Bitcoin, Ethereum, Dash – Which are the best?

There are over 800 cryptocurrencies / crypto assets in circulation and it is important to understand the differences as well as use cases before making a decision to invest.  Crypto’s are not equal – Some are “me too’s”, some have specific uses and some have Unique Selling Points.     #1 PAYMENT SYSTEM AND DIGITAL CASH BITCOIN – A digital and global payment system that allows people to send or receive money across the internet to anyone, anywhere, anytime. Store of Value, Backed by mathematics and Proof vs trust Why…

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What is EOT?

A new cryptocurrency designed with a purpose and use has just entered the cryptocurrency market.  In our growing digital economy, privacy, security, and encryption are a necessity to protect our digital footprint.  Learn more about how and where EOT fits in.     What is EOT? EOT is, like Bitcoin, a cryptocurrency and digital payment system. Transactions take place between users directly without the interference of any third party. Transactions are recorded and verified in a public ledger call the blockchain EOT was specifically designed to be used for the…

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Bitcoin and Ethereum, Record Breaking First 6 Months of 2017

Bitcoin and Ethereum – Two Crypto Giants have emerged!  We review the performance of Bitcoin and Ethereum for the first six months of 2017 as well as events that contributed to the exponential growth of these two cryptocurrencies.     Firstly, what is the difference between Bitcoin and Ethereum? Bitcoin is a store of value and payment system and the most valuable cryptocurrency Ethereum is a programming language and decentralized platform that runs smart contracts – A World Super Computer that would decentralize and democratize the existing client-server model What…

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Bitcoin News – Exponential Growth of Cryptocurrency Market

Bitcoin is the Trailblazer and King of Cryptocurrency also known as the “Internet of Money”.  The success of Bitcoin has led to the exponential growth of the altcoins market such as Ethereum, Ethereum Classic, Ripple, NEM, Litecoin, and Dash.  The first six months of 2017 has seen a spurt of growth from Bitcoin, Ethereum and various Altcoins that pushed the market cap over $100 billion collectively.   The various cryptocurrencies are not all the same as they have different applications.  For example:- BITCOIN – a store of value and payment…

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Bitcoin News 12 June 2017 – Bitcoin and Ethereum top $113 Billion Cryptocurrency Market

Bitcoin News Today – The Bitcoin price hit new highs of over $3000 only to drop below shortly thereafter – Ethereum is gaining huge momentum reaching the $400 level as fundamentals are strengthening. Bitcoin and Ethereum top the $113 Billion Cryptocurrency Market!   Other news headlines:- Bitcoin, Ethereum and a New Direction for Cryptocurrency Investment Criminals Hijack Linux Servers Through SambaCry Exploit to Mine Monero 4 Reasons Why Bitcoin Is Not In A Bubble What is Ethereum – Explaining the World’s Supercomputer Blockchain Brings Privacy to Genomic Data   Top…

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Governments Driving Bitcoin Adoption – Japan’s Bitcoin BluePrint

Bitcoin is being embraced in many countries in the world who are now focusing on draft bills, legislation, and regulation. Switzerland, China, Estonia, India, Russia, Malta, Philippines, Antigua and Barbuda, South Korea … and Japan!       Japan – 1 April 2017, a new law actioned making Bitcoin a legal payment system giving the government Tighter oversight from the Financial Services Agency.  An Introduction of the new Virtual Currency Act followed and The Accounting Standards Board working on a framework for treatment of virtual currency.   What was the spin…

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