The rise of the ICO and what it can mean for Cryptocurrency

ICO – short for initial coin offering – is an upcoming trend in crowdfunding which uses cryptocurrency and is backed by blockchain. For firms looking to raise money for operations and innovation, there are a handful of options out there which they can use.     Traditionally, the common practice was to wait for the company to make enough profits to contribute to expansion and development, which restricted the firm to only the funds generated by the company. However, as a different option, firms can opt for sponsors or investments…

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How do ICO’s work?

The Cryptocurrency Crowdfunding Guide For “Dummies” – A new era of startup crowdfunding is here. Initial Coin Offerings are part of every investor’s mind right now and everyone wants to invest today.     What Is Crowdfunding? Crowdfunding is the means of financing adopted by small startups which need capital to finance their basic operations and overall development. One of the oldest and most traditional means of crowdfunding is through a traditional stock exchange IPO. In this method, you issue shares of your company and investors who buy it become owners…

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Forbes Journalist Predicts Bitcoin Crash below $ 1000!

In a recent article Chuck Jones, a Forbes contributor, cited his reasons why Bitcoin could fall to below $ 1000.     Here are the reasons listed in the article:   Regulation could have the biggest impact South Korea Japan China U.S. regulation There is no “value” to it Volatility can create nervousness A shakeout is coming ICOs (Initial Coin Offerings) Hacking theft of CCs FOMO or Fear of missing out Bitcoin mining scams Becomes too associated with criminals and rogue states Third parties changing their minds Bitcoin & Blockchain…

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How to Bitcoin #1 – Introduction

NEW ZEALAND – Guest Writer – A series of articles will be published to introduce you to Bitcoin and what you can do with the cryptocurrency.  Some hints and tips are provided, including some links to websites in order to guide you in your endeavour to understand Bitcoin, the “Internet of Money”.     Firstly, what is Bitcoin?  Bitcoin (BTC) is a virtual currency, digital not physical, and independent of banks. It is a peer-to-peer network supported by its users via computing power with no central authority. It was designed…

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More Bullish Bitcoin Price Predictions for 2018

Tom Lee, a market strategist from Fundstrat, is buying in this so-called “Bitcoin pullback”.  He has now increased his mid-2018 Bitcoin price target to $20000 from the initial prediction of $11,500.   No doubt the price has dipped due to profit taking, however, newcomers to this market could be running scared thinking they have already lost.  For fear of losing out (FOMO), some people have mortgaged their homes, while others bought on credit – consider this, the rule of thumb is never to invest more than you can afford to lose in…

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Bitcoin News 13 October 2017 – Bitcoin Price Flirts with $6000 as Bitcoin Gold Nears

The Bitcoin news today with the latest bitcoin rally heading the news. An incredible surge in the price overnight which pushed to a new all-time high of over $5800. The proposed hard fork on 25 October (Bitcoin Gold), as well as the growing regulatory environment in many countries, could be a driving factor attracting more investors and thus, the price.   As reported by CNBC – “The fact that bitcoin was able to hit an all-time high just weeks after a slew of negative news “signals to investors and traders…

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Bitcoin News 11 October 2017 – Dubai Delivers Blockchain Strategy to Implementation

Bitcoin News Today and Dubai is leading globally in taking a blockchain strategy set out in 2016 to implementation by 2021 – with over a million records have been populated on the platform. The Dubai Land Department (DLD) system records all real estate contracts which include lease registrations. The system links them with the Dubai Electricity and Water Authority, the telecommunications system as well as holds personal tenant information, Emirates Identity Cards and the validity of residency visas for ease of remote payments.   Another milestone achievement for Smart Dubai…

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Pay University Fees with Bitcoin at Swiss University

The University of Lucerne, Switzerland, has joined a growing list of universities embracing Bitcoin and the Digital Economy.  Some universities offering courses in blockchain technology, while others are accepting Bitcoin as payment.   Full article here  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, the BitVault®   Download the FREE BIT-MEDIA APP below!

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Bitcoin News 1 October 2017 – Japan, Setting the Trend for Bitcoin

Bitcoin News Today and it is clear that Japan is dominating the Bitcoin Market and it is not going unnoticed. It is incredible to see that when a country takes the bold step to legalize Bitcoin and regulate associated enterprises as Japan did, businesses such as banks are able to get involved in the new economy legally. Japan’s Financial Services Agency (FSA) has issued operating licenses to 11 bitcoin exchanges, will a number of them still awaiting approval. In Japan, even the man in the street has an opportunity to…

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Bitcoin News 21 September 2017 – Bitcoin Enterprise Regulation A Must

Bitcoin today and the news continues as more countries start to work on regulation for Bitcoin Enterprises. Malaysia’s central bank is planning to draft cryptocurrency regulations by the end of this year, yet another proactive country added to the growing list. It is now reported that the Chinese authorities may be moving toward a broad clampdown on Bitcoin, including peer-to-peer (P2P) exchanges and over-the-counter (OTC) trading platforms. All this activity is often seen as negative vs positive by some, yet regulation of Bitcoin Enterprises gives legitimacy to the market –…

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