Mainstream Media, Influencing Bitcoin Price and Adoption

Mainstream Media is getting behind Bitcoin in a big way – daily reporting by Media giants such at Bloomberg, Reuters, CNBC and BBC.  Mainstream Media adoption plays a significant role to introduce Bitcoin and cryptocurrency to the greater community, whether the news is sensationalist, good or bad.  The more consumers see information forthcoming from these media giants, the more Bitcoin adoption will grow.   The good news is that the core proposition of Bitcoin is… Democratization of the financial system Financial Independence Freedom from banks and government   But, it…

Read More

World Money in Perspective – How Big is Bitcoin now?

How big is Bitcoin in relation to the rest of the world’s money?  Have you missed the opportunity if you haven’t invested yet?  It’s time to put things into perspective.   Bitcoin is just over 8 years old and much of the world still has no idea what Bitcoin actually is.  Considering the fact that Bitcoin has just begun and started at zero value, the growth in the cryptocurrency has strengthened year on year as more acceptance and adoption takes place.  Interesting to note, the current market cap of Bitcoin…

Read More

Bitcoin News 19 June 2017 – Bitcoin drives down Remittance costs

Bitcoin News Today – The Bitcoin price seems to be consolidating over $2500 during the past few days and Ethereum seems to be consolidating over the $350 mark. Both have had enormous growth over the past month with the market cap for all cryptocurrencies being over $110 billion.     Other news headlines:-   Blockchain in France: A Primer on an Emerging Market How to start a Fake Cloud Mining business, Easy and Risk-free – Uncle Scam Chinese Explore Future of OTC Trading at Bitcoin Meetup Venezuelans Are Seeking a…

Read More

Bitcoin News 14 June 2017 – Ethereum Value Proposition Booming

Bitcoin Today – the Bitcoin price, as well as the Ethereum price, are doing a sideways shuffle while 24-hour trading volume between the two is reported close.  Ethereum value proposition is booming as governments, central banks, businesses and influx of ICO’s is apparent.     Other news headlines:-   PwC Principal: Cryptocurrencies Could Power New Economy Morgan Stanley Says Bitcoin Needs Regulation to Keep Rising “Due To Popular Demand” Goldman Starts Covering Bitcoin Bitcoin Exchange Coinbase Suffers ‘Major Outage’ Amid Trading Frenzy Battle of the Giants – Bitcoin vs Ethereum…

Read More

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…

Read More

Consumers Driving Bitcoin Price

New Consumers are joining the Digital Cryptocurrency market daily – what are the reasons why Consumers are adopting Bitcoin so readily? Here are some of the reasons:-   As a Payment System – Bitcoin is sent across the Internet quickly and cheaply without the need for costly 3rd parties As a Speculator – short term trading as a revenue stream As a long term Investment – Bitcoin, a store of value, is on an upward trend with long-term fundamentals strong Using bitcoin as a natural hedge for local Fiat Currency  …

Read More

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…

Read More

Bitcoin Price continues Bull Run while Altcoins dip

Mainstream media and other news outlets are buzzing with the news that bitcoin is reaching new highs.  In an article by Reuters, they state that Bitcoin hit a record $1,760.40 BTC=BTSP on the BitStamp platform and was last at $1,747.89, up 6 percent on the day. So far this year, bitcoin has surged nearly 80 percent. Bitcoin’s market capitalization on Tuesday soared to $52.5 billion, according to data from coinmarketcap.com.     Read more:  Bitcoin surges to all-time high above $1,700 Altcoins are taking a dip as reported by Bitcoin.com  –…

Read More

How to Exchange Bitcoin to Altcoins and Vice Versa

COIN EXCHANGE The cryptocurrency market is expanding at a rapid rate and you can now exchange your bitcoin for altcoins and vice versa!  Here are the instructions on how to make an exchange as per Shapeshift.  From start to finish you can exchange currencies in under ten seconds with no account required!   Let’s assume you have Bitcoin and you want Litecoin. It goes like this: Select Bitcoin as the input and Litecoin as the output Provide your Litecoin address in the box, then click the Start button ShapeShift will…

Read More

Bitcoin News 17 April 2017

Bitcoin Today – the Bitcoin spiked today and jumped over the $1200 mark. Reason? Perhaps the market is reacting to Litecoin activating SegWit and many Bitcoin miners signaling SegWit too… this besides other bullish activities. Are we close to coming to the end of the scaling issue? We still have a way to go before the scaling debate has come to a conclusion.   Bitcoin headlines – Ukraine and BitFury launching first ‘full-scale’ blockchain eGovernment pilot; 10 UK RegTech startups to watch: meet the UK startups making regulation and compliance…

Read More