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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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…

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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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The Bitcoin Wallet is Dead!

Every day, people are being introduced to Bitcoin and the first thing everyone does is open up an online wallet so that they can begin transacting with Bitcoin. The understanding of the different wallets available is key to ensure the safety of your digital assets.   Watch the video here:-   In this short video, discussion points as follows:–   Faith in Third Party Providers such as Exchanges; Online Wallet Providers and Mobile Apps often this trust ends in Tears! For Example, MtGox, Bitfinex plus other recent exchange hacks and…

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Bitcoin News 24 May 2017

Bitcoin Today – The Bitcoin price continues upward trend past $2300 – strong and bullish with no sign of letting up.  Altcoins such as Ethereun, Dash, Litecoin and Monero performing well.   Other News Headlines:   India’s Government Seeks Public Comments on How Bitcoin Should Be Regulated Has Bitcoin’s Scaling Debate Finally reached Agreement? Deloitte’s Blockchain Team Unveils Prototypes, Research and Alliances at Consensus 2017 Bitcoin ‘Will Be Worth $1 Mln In 10 Years’: Swiss-Based Bitcoin Wallet CEO SWISS EY TEAM & POLYBIUS ARE BUILDING A ‘CRYPTOBANK’, ICO TO FOLLOW…

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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…

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Bitcoin News 13 April 2017

Bitcoin Today – The Bitcoin price still looking strong overall however, sometimes up, sometimes down but we’re always in Bitcoin!     Other news headlines – India’s Government Forms Committee to Investigate Bitcoin, Report Due in 3 Months; India’s Government to Consider New Digital Currency Rules; Big Money Made in China as Bitcoin Traders Wait for Withdrawal Announcements; Coalition Launches to Promote Blockchain in the Netherlands.   Microsoft is continuing its Blockchain journey by integrating Stampery into Microsoft Office Outlook with cross-compatibility; Bext360 is using robots and the blockchain to…

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Bitcoin News 7 April 2017

Bitcoin today, the Bitcoin price is strong and moving upwards. Fundamentals looking good and bullish for long term growth. Other headlines – LITECOIN price tops $11 amid SEGWIT euphoria and Coinbase support; Cancoin is building a LocalBitcoins alternative for professional OTC bitcoin traders; IBM Launches Blockchain Platform for US Oil Trade; No Blocksize Increase Needed for Years, Argues Bitcoin Core Dev; Decentralizing Central Banks: How R3 Envisions the Future of Fiat; Building ‘The Blockchain’: Developers Aren’t Giving Up on Big Ambitions. Intel Demos Seafood Tracking on Sawtooth Lake Blockchain and…

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Litecoin in the SegWit Spotlight

In an interesting turn of events, it seems that Litecoin could be the first cryptocurrency to activate SegWit (Segregated Witness). “The litecoin network appears to be on the cusp of enacting a technical upgrade that would boost the capacity of its network. At press time, just over 70% of litecoin’s miners were signaling support for Segregated Witness, a technical innovation first pitched as a scaling solution for the bitcoin blockchain, but that has not yet seen similar levels of adoption from its miners. With increasing support, litecoin is now just 5% shy away…

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What is Litecoin?

Litecoin is an altcoin that was based on Bitcoin and released in 2011. The price and market cap is trending upward – learn more about Litecoin by watching this short explainer video. Download the Bit-Media app from the Google Play store here, it is FREE. The app will be available from the Apple iStore shortly. 25% discount when you purchase Cryptopay debit card – CLICK HERE 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…

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