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 22 June 2017 – SegWit2x, Blockchain and ICO’s in the spotlight

Bitcoin News Today – Bitcoin price looks strong while consolidating above the $2500 mark – Ethereum dipped under $350 after a very bullish run. Prices cannot constantly go up so consolidation of the price is good.     News Headlines:   South Korean Firm Pays $1 Million in Bitcoin Ransom to Regain Data Status.im ICO Raises Over $270 Million in Under 3 Hours ‘CHICKEN GAME’: reality comes home to roost for UASF supporters Crypviser – protect your financial conversations As a Bitcoin Believer you will want a copy of the…

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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 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…

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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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Has Bitcoin’s Scaling Debate Finally reached Agreement?

The big elephant in the room has been the big scaling debate between developers and miners for the past two years.  This year saw a faceoff between Bitcoin Core / Segregated Witness and Bitcoin Unlimited which turned pretty nasty at times.  We now hear that there could be acceptance by all parties on implementing an agreed scaling solution… imminently!   Reported by CoinTelegraph:- “According to sources, a number of Bitcoin businesses owners, including Barry Silbert (Digital Currency Group), Roger Ver (Bitcoin.com) and major mining players Jihan Wu (Bitmain) and Valery…

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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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Bitcoin Pre-Fork Tip – Keep Control of Your Private Keys!

The Bitcoin community is in the middle of a big debate around the scaling of Bitcoin in an attempt to reduce transaction time and cost. Should this result in a Hard-Fork, make sure you are prepared and ensure you keep control of your Private Keys – Exchanges could stop any withdrawal or deposit of Bitcoin post a Hard-Fork.  They have control of your Private Keys and your Bitcoin! What are Public and Private Keys? Learn more about Segregated Witness and Bitcoin Unlimited below:- What is Segregated Witness aka SegWit? What…

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What is Bitcoin Unlimited?

You have no doubt heard that there is a big debate going on in the Bitcoin world. There are two differing opinions on how to make sure Bitcoin can scale to meet the continuing increase in transaction volume and Bitcoin adoption. The are Bitcoin Unlimited and Segregated Witness from Bitcoin Core team. Watch this short explainer video to find out what Bitcoin Unlimited is. Should you wish to follow the story in more depth, here are a few articles to read. Bitcoin, to scale or not to scale The Big…

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What is Segregated Witness aka SegWit?

As the value and the adoption of Bitcoin is increasing, the Bitcoin scaling debate is now in full force.  It is all about making sure there is minimal delay in Bitcoin transaction time on the Bitcoin network.  Currently there are two options being considered namely, Segregated Witness (SegWit) and Bitcoin Unlimited.  Watch this short explainer video to find out what Segregated Witness is. Should you wish to follow the story in more depth, here are a few articles to read. Bitcoin, to scale or not to scale The Big Bitcoin…

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