Bitcoin Support in Japan Rapidly Escalating

Since the Japanese Government legalized Bitcoin as a payment system, the adoption of the cryptocurrency by the people, the value increase as well as the dominance of the Yen in the global traded volume has been rapidly escalating.       BTC Volume by Currency     Price Chart   Japan Driving Government Adoption   Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave your questions and comments below: What is EOT?  Learn more by clicking on the image BELOW   Introducing the World’s First Blockchain phone,…

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Who is Buying Bitcoin?

The Bitcoin price and value continue to rise and this week has seen Bitcoin drive past the $5000 level, a new all time high. Interesting to note that Japan leads the current 24-hour ranking. #1 Japanese Yen – 54.54% #2 U.S. Dollar – 26.64% #3 Chinese Yuan – 8.23% #4 South Korean Won – 6.11% #5 Euro – 3.01%   In 2016, reporting showed that most of the trading was coming from China, however, since the People’s Bank of China imposed strict regulations on the crypto exchanges in the country, the percentage…

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Bitcoin News 21 July 2017 – Bitcoin Price on Full Throttle on the Back of BIP91 Acceptance

BREAKING NEWS today – Top Story – Over 93% of Bitcoin Miners have signaled acceptance of BIP91 and has been locked in to activate on 1 August 2017 – BIP91 is to scale Bitcoin and reduce transaction time – more information can be found here  The Bitcoin price has surged 20% with this positive news as well as the early signaling that took place the past few days. The price is robust and fundamentals strong – is $3000 or higher in sight sooner rather than later? Add your comments below.…

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BREAKING NEWS: Bitcoin BIP91 Locked In for SegWit Activation 1 August 2017

We have a resolution… Finally!  The scaling of Bitcoin, BIP91, has been locked in for 1 August 2017 as more than 93% of miners signaling support for SegWit2X.   source: CoinDance   The Bitcoin price has reacted to this news by increasing in value by over $500 in 24 hours.     A debate that has raged on since 2015, proving that Bitcoin is a democracy and an incredible store of value which cannot be taken lightly – no change can be forced on the community without agreement no matter…

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Bitcoin News 19 July 2017 – Bitcoin Hard Fork Not Likely, Bitcoin Price Reacts

Bitcoin News Today sees the Bitcoin price recovering since the shock drop on 16 July. The Ethereum price jumped by $60 over 24 hours as more support for the Enterprise Ethereum Alliance takes hold.  Is the bull starting to move again?   The Bitcoin price is reacting positively to the fact that the scaling of Bitcoin, BIP 91, is close to the necessary threshold of 80% of mining power. BIP91 is part of SegWit2X and miners have been signaling early which has made markets less volatile over the past couple…

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Bitcoin News 4 July 2017 – Hackers Extort $28 million in Cryptocurrencies

Bitcoin News Today – 4 July 2017 Major Headlines from today’s news: – FBI Says Hackers Managed to Extort $28 Million in Cryptocurrencies, GOLDMAN SACHS: Bitcoin could see a big drop then surge to almost $4,000         FBI Says Hackers Managed to Extort $28 Million in Cryptocurrencies – In the annual report of 2016 just released, the following was noted:- – Over 17,146 individual cases of extortion were recorded – Online crimes include DDoS attacks – Reported online crimes rose 3.7% in 2016 with most affected countries being the…

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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 30 June 2017 – Ethereum Network Congestion Eased

Bitcoin Today – The Bitcoin price continues to consolidate around $2500 – enormous growth from the $1000 level of January 2017. Ethereum over the past few days has hovered around the $300 mark and looking strong. The network congestion of the past week or so could be improved as the Ethereum network’s transaction capacity has just been increased.  Stepping up the GAS!       News Headlines: Fidelity Charitable Has Raised $9 Million in Bitcoin So Far in 2017 Demand for Bitcoin Industry Surges, Blockchain & Coinbase Lead Investors Japan…

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Bitcoin News 27 June 2017 – Bitcoin and Ethereum Price Drop, Short Term Volatility

Bitcoin today – the Bitcoin price has dipped below $2500 with most cryptocurrencies following suit – Ethereum dropped below $250. Both of these cryptocurrencies had reached new highs just a couple of weeks earlier… $3000 and $400 respectively.  Short term volatility, yet strong fundamentals giving rise to bullish long term outlook.     News headlines:-   European Banks Select IBM Blockchain for Small Business Trade Finance Premier event – London FinTech week – Will you be there? Find out more about the event here   Bitcoin Adoption Grows in World’s…

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Bitcoin Believers Gobble up Satoshi’s White Paper

Many have been watching Bitcoin grow in value over the past few years, and in particular, over the past year or so. More investors are being drawn to Bitcoin due to Geo-Political risk, failing economies and traditional investments which create fear and uncertainty.  The high Return on Investment (ROI), strong fundamentals and a bullish outlook for the future of Bitcoin and blockchain technology is very appealing.   During the Global financial crisis of 2007–2008,  which is considered by many economists to have been the worst financial crisis since the Great Depression…

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