Bitcoin News 24 July 2017 – Bitcoin’s Major Traction in India, Fourth Highest Trading Market

Bitcoin News Today with the top stories on Bitcoin gaining commercial and regulatory traction in India. Bollywood and Online portals are helping Bitcoin gain traction in India – it has been reported that India is the fourth highest Bitcoin trading market, with over 1 million users. Bollywood is also becoming fascinated with the cryptocurrency. Online portals taking Bitcoin are increasing into various industries – book stores, bus/flight ticket and holiday booking, mobile recharge, web hosting, software management, online clothes and home décor, and training and recruitment.   While Bitcoin adoption…

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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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Bitcoin News 5 July 2017 – Bitcoin Scaling Looms – Countdown Dates to Watch

Bitcoin News Review and the Major news from today’s headlines – Countdown to SegWit: the Dates to Keep an Eye On;  Deloitte and Waves Platform have partnered and believe they will shape the future of the blockchain.     Countdown to SegWit: The dates to keep in mind:- July 14: BTC1 Deployment July 21: BIP91 Signaling to Start July 23 (at the earliest): BIP91 Lock In July 25 (at the earliest): BIP91 Activation July 29: BIP91 Deadline July 31: BIP141 Deadline August 1: BIP148 Activation For more info, go to the full…

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Bitcoin News 3 July 2017 – Bitcoin Scaling Set in Motion (SegWit2X)

Bitcoin Today – The Bitcoin price, as well as Ethereum price, is moving sideways with some fluctuation when there are more buyers than sellers of the cryptocurrency or vice versa.         Other news headlines:   Segwit2x Beta Released and New UAHF Code Proposal `ABC´ Removes 1MB-Limit – The code to scale Bitcoin has been set in motion, this is to improve transaction time. Are cryptocurrencies going to go mainstream? Japan is a good example. Bitcoin Believers gobble up Satoshi’s white paper   IOTA Partners Healthcare Providers for…

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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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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…

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Bitcoin News 23 June 2017 – Ethereum Flash Crash and Recovery

Bitcoin News Today – The Bitcoin price continues to look strong as it consolidates over $2700 – is it getting ready for another bull run past $3000? Some experts say that $5000 is in sight. Ethereum suffered a flash crash on the GDAX exchange and some traders gained and others lost causing an outrage.   In a statement by Vice President of GDAX, Adam White, the crash has been blamed on a multimillion dollar sell order that apparently drove prices from $317.81 to $244.48, resulting in a $29.4% loss of…

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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…

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