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Category Archives: Bitcoin News

Daily: Bitcoin passes $6000!! / Altcoins Drop / Bitcoin Gold Forked?

Daily: Bitcoin passes $6000!! / Altcoins Drop / Bitcoin Gold Forked?

Source: Boxmining

Millionaire Challenges JP Morgan CEO To Boxing Match / Bitcoin Developer Hostage? / Much More News!

Millionaire Challenges JP Morgan CEO To Boxing Match / Bitcoin Developer Hostage? / Much More News!

Source: Crypt0

Bittrex Statement On Banned Accounts / Infographic On Failed ICOs / Huobi To Support Both BTC Chains

Bittrex Statement On Banned Accounts / Infographic On Failed ICOs / Huobi To Support Both BTC Chains

Source: The Cryptoverse

The Cryptoverse: Bitcoin Gold – Website Launch – Bittrex Randomly Closing Accounts – 1 GB Bitcoin Block Mined

The Cryptoverse: Bitcoin Gold – Website Launch – Bittrex Randomly Closing Accounts – 1 GB Bitcoin Block Mined

Source: The Cryptoverse

Ethereum Successfully Evolves! / High Potential ICOs This Week / Bank Banning BTC User / Much More!

Ethereum Successfully Evolves! / High Potential ICOs This Week / Bank Banning BTC User / Much More!

Source: Crypt0

Statement on Segwit2x

The Seoul Bitcoin Meetup has posted an open letter to the signatories of the New York Agreement (aka Segwit2x). In part it states:

“If a select group of CEOs and investors, no matter how benevolent their intentions, can unilaterally make decisions about the consensus rules without public comment and force these changes upon the network regardless of overall consensus, then Bitcoin will have lost the properties that make it valuable in the first place.”

Continue to read at the source: Statement on Segwit2x

How Bitcoin is Used in Different Institutions?

“I’ll pay 10,000 bitcoins for a couple of pizzas. Like maybe 2 large ones, so I have some left over for the next day. I like having leftover pizza to nibble on later.” The first Bitcoin purchase was a pizza. Someone called ‘laszlo’ bought it for 10,000 bitcoins (it was $25 dollars for that time).

Now, this is a big market full of complex schemes and demand-supply market that changes every minute in a real time. Companies that were the first to see a benefit of cryptocurrencies, bitten a bigger part of a pie. You can observe a bitcoin payment option at big corporations like Microsoft and Dell and sports betting or casino cabinets like bestbitcasino.com as well. It is applicable even in a well-known gambling consoles (Xbox One, PlayStation 4, Wii U). Among other places where you can already find a bitcoin payment, are marketplaces, auctions, clothes and accessories, electronics, books, music, food, gift cards etc. The full list of products and services can be found on the English Bitcoin wiki page at the trade chapter (noted that this is only a legal-based list).

So, why do they use this digital intangible money, while still there is no possibility to exchange them for a real money? Let’s make a review.

During the last 10 years a cryptocurrency is recognized by a number of institutions.

Banks and Trade-ins

On September of the previous year, Bank of America and Microsoft announced the joint initiative aimed at applying Blockchain technology in the field of finance. Then, the project was to create a new Blockchain system for improving transactions between Bank of America and Microsoft Treasury, which deals with corporate payments and strategic investments of the technological giant.

Central banks think that it could be the future of money, financial and FX markets trade in. Retailers allow customers to buy in Bitcoin and individuals across the world are transacting and investing.

Online Business

Bitcoins are great for replenishing accounts in services that allow you to invest money for profit or to test your luck. Among such services are FX brokers, bookmakers (betting on sports events), companies that work in the field of gambling.

The first application of bitcoin that has appeared in the App Store in the eight-bit graphics game made in “Super Mario” style, was managed with Apple and it showed an interesting way to introduce a Bitcoin to iOS games lovers.

Interesting way of cryptocurrency involvement is encouraging players to use a bitcoins is gambling competition. It works very similar to online poker, but is applicable to video games. Players replenish the account, that is the same as buying participation in matches.

Let’s see how it works in the online casino and sports betting services. When they use bitcoins instead of a typical card for the refill or assets withdrawal, players keep their anonymity. Moreover, using a Bitcoin means absence of a commission, while it is normal in case of other payments options (cards or other digital pockets like WebMoney).

Travel Cases

Do you remember the situation you are on a trip and your credit account is somehow blocked (political motives, harassment by the tax authorities or you simply forget to warn your bank)? Bitcoin use will not be restricted at the most inopportune moment. Being far from home without money will make you resort to the help of relatives or friends.

As can be seen from the above, bitcoins are going to prosper. In our fast-moving world it is vital to be updated with all changes in the digital industry.

The Dollar Vigilante on Blockchain, Bitcoin and Wirex

The Dollar Vigilante on Blockchain, Bitcoin and Wirex

Source: The Dollar Vigilante

BTC Channel Top / Segwit2x Countdown / Japan Bitcoin Debit card / First 0x Decentralised Exchange

BTC Channel Top / Segwit2x Countdown / Japan Bitcoin Debit card / First 0x Decentralised Exchange

Source: The Cryptoverse

The Bitcoin Gold Segwit2x Hard Fork | What You Need To Know

The Bitcoin Gold Segwit2x Hard Fork | What You Need To Know

Source: The_Crypto_God