Monday, July 22Your Daily Bitcoin & Altcoin News Portal
Gold Dealer APMEX Now Accepting Bitcoin, Cites Customer Desire for Anonymity

Gold Dealer APMEX Now Accepting Bitcoin, Cites Customer Desire for Anonymity

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Please share if you find this article interesting. Gold Dealer APMEX Now Accepting Bitcoin, Cites Customer Desire for Anonymity It’s now possible to buy real gold with digital gold, should customers desire, according to an announcement from APMEX. According to the post, the company has integrated with BitPay merchant services and is now able to receive digital currencies, with buyers receiving the 4% discount usually reserved only for cash payments. The post continues by explaining why Bitcoin is a good integration for the company, saying: "Buyers can make purchases with Bitcoin at any time, from nearly anywhere, just as with most credit cards. International orders become significantly easier as cryptocurrency like Bitcoin is accepted worldwide without conversion. Also, many cus
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Traditional Investors Reveal Their Opinions on Bitcoin as Price Holds Near Record Levels

Traditional Investors Reveal Their Opinions on Bitcoin as Price Holds Near Record Levels

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Please share if you find this article interesting. Traditional Investors Reveal Their Opinions on Bitcoin as Price Holds Near Record Levels Several traditional investors have issued their opinions about Bitcoin as it continues to soar to record highs. During morning trading on December 8, 2017, the currency traded above $16,000 per token and even reached more than $18,000 in one market. Due to its phenomenal trading performance, several billionaire investors have voiced out their thoughts about the top-dog digital currency Bitcoin focusing on the idea that it lacks intrinsic value. Skepticism on its intrinsic value In his comment, legendary activist investor Carl Icahn says he cannot understand Bitcoin’s performance and he thinks that it is a bubble. “I don’t understand it… If y
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Bitcoin, Other Cryptocurrencies Will Play Key Role in Society Says Yahoo’s Jerry Yang

Bitcoin, Other Cryptocurrencies Will Play Key Role in Society Says Yahoo’s Jerry Yang

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Please share if you find this article interesting. Bitcoin, Other Cryptocurrencies Will Play Key Role in Society Says Yahoo’s Jerry Yang Yahoo co-founder Jerry Yang claimed that the virtual currencies like Bitcoin will play a key role in the future of society. He even compared the volatility and technology of Bitcoin to the “early days of the Internet.” In an interview at the sidelines of the Fortune Global Forum held in China in late 2017, Yang said that Bitcoin and the other digital currencies like Ethereum, Litecoin and Dash are the future of the financial system, although they are not there yet. “Bitcoin as a digital currency is not quite there yet. People are not using it to transact. People are using it as an investable asset. I personally am a believer in where digital cu
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Chinese Real-Estate Merchants Are Tapping Into the Cryptocurrency Market – Bitcoin News

Chinese Real-Estate Merchants Are Tapping Into the Cryptocurrency Market – Bitcoin News

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Please share if you find this article interesting. Chinese Real-Estate Merchants Are Tapping Into the Cryptocurrency Market - Bitcoin News Finance Property Investors from Wenzhou, Zhejing Province, which has a reputation as the home of China’s savviest businessmen, are dabbling in the cryptocurrency market for new investment opportunities. Instead of holding Bitcoin, their focus is on forked coins.  Also Read:Bitfinex Experiences Withdrawal Difficulties “Bitcoin Will Evolve into a Capital Game” In 2008, a Wenzhou merchant surnamed Chen set up a real-estate speculation squad with twenty of his friends. They bought houses on the same street, negotiated on the sale price, and went to the same agent to sell houses. If anybody sold at a lower price, Chen would kick him out of the
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It’s Time to Change the Way We Measure Bitcoin – Bitcoin News

It’s Time to Change the Way We Measure Bitcoin – Bitcoin News

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Please share if you find this article interesting. It’s Time to Change the Way We Measure Bitcoin - Bitcoin News Op-Ed With BTC/USD now running into five figures – seven if you include decimal points – bitcoin has become unwieldy. It’s time to consider alternative ways of measuring the cryptocurrency, especially when dealing with fractions of a coin. The average layperson can quote the price of 1 BTC, give or take. Ask them to calculate the value of .001 of a bitcoin however and their eyes glaze over. It’s time that was put right. Also read: Peer-to-Peer Bitcoiner Gets Year in Prison for Being Unlicensed The Case For a Better Denominated Bitcoin The notion of re-referencing bitcoin isn’t new; in fact it’s older than scaling debates. The most commonly floated solution, as add
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Coinbase Sends Customers Notice of Exchange Delays, Cautions on Risks of Cryptocurrency Investment

Coinbase Sends Customers Notice of Exchange Delays, Cautions on Risks of Cryptocurrency Investment

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Please share if you find this article interesting. Coinbase Sends Customers Notice of Exchange Delays, Cautions on Risks of Cryptocurrency Investment The past week has been a huge one for Coinbase, as the exchange became the most downloaded app on the iTunes store, surpassing even YouTube. With all the demand, the site experienced unprecedented delays as well, leaving some customers frustrated. The company has since sent out a warning letter, encouraging customers to invest in responsible ways. The letter, sent to customers via email, explains that the company is obviously excited about the prospect of massive gains in their platform and are working hard to get customer support up to speed. Further, the post makes clear that investors should expect trading delays over time, as th
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Bulgarian Official Denies Country Possessing $3.2 Billion USD Worth of Bitcoins

Bulgarian Official Denies Country Possessing $3.2 Billion USD Worth of Bitcoins

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Please share if you find this article interesting. Bulgarian Official Denies Country Possessing $3.2 Billion USD Worth of Bitcoins Regulation In May, a series of raids by Bulgarian law enforcement were reported to have resulted in the seizure of over 213,000 BTC, at the time valued at more than half a million dollars and now worth $3.2 billion USD. Yesterday, however, the head of Bulgaria’s Special Prosecutor’s Office, Ivan Geshev, stated that the Prosecutor’s Office and the Interior Ministry did not seize the bitcoins. Also Read: Bankers Have Shut Down All of Bulgaria’s Bitcoin Exchanges Today, the Seized Bitcoins Are Estimated to Be Worth 6% of the Bulgarian GDP On May 19 of this year, European authorities announced the successful execution of a joint operation in conjunct
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As Mainstream Adoption Grows, Bitcoin Can No Longer Be Stopped

As Mainstream Adoption Grows, Bitcoin Can No Longer Be Stopped

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Please share if you find this article interesting. As Mainstream Adoption Grows, Bitcoin Can No Longer Be Stopped The recent rise in Bitcoin’s value has initiated varied reactions from different quarters of the industry. While holders of the cryptocurrency are excited with the extraordinary profit generated from their investment, some merchants are becoming more reluctant to accept Bitcoin because of its high volatility. As Bitcoin’s price (and adoption) soars, more attention is being paid to the cryptocurrency, both by enthusiasts and regulators. Of course, the two sides often are far apart in their views. Still much to behold Varun Satyam, Co-Founder and CBO of almora.io thinks that more attention should be paid to how adoption will play out in developing nations. Satyam is of
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Bitcoin for Beginners: Which Cryptocurrency Exchange Should I Use? – Bitcoin News

Bitcoin for Beginners: Which Cryptocurrency Exchange Should I Use? – Bitcoin News

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Please share if you find this article interesting. Bitcoin for Beginners: Which Cryptocurrency Exchange Should I Use? - Bitcoin News Reviews It’s a question which surfaces daily on Telegram, Twitter, and Reddit: “Which exchange should I join?” The cheapest and most reliable means of purchasing cryptocurrency is generally through an exchange which will take your fiat currency and swap it for crypto. But with dozens of exchanges to choose from, each offering different features and currencies, the choice can be bewildering. The following guide will help you make an informed decision. Also read: Getting Bitcoin on Grandma’s Android Phone: 3 Easy Steps What’s in an Exchange? There’s a number of factors to weigh up when choosing a cryptocurrency exchange. These include customer se
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Innovation For Traveling On Blockchain

Innovation For Traveling On Blockchain

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Please share if you find this article interesting. Innovation For Traveling On Blockchain Booking travel in the US has been basically dominated by two major companies, Expedia and Priceline (who own all the other major sites). But Blockchain technology is about to change all that through a new non-profit system offered by TravelChain. The company has announced that it will provide users a methodology for booking travel that will bypass the current travel monopoly in the US. The concept is to use Blockchain to incentivize its users for posting feedback on travel using TravelTokens, the internal cryptocurrency for the system. The announcement was followed by the presentation of the platform to the participants at BlockShow Asia this year. The team has coined the term ‘travelution’