bitcoin

Majority of Nigerians Have Faith in Bitcoin

April J, 2017
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Majority of Nigerians Have Faith in Bitcoin A recent survey indicates that Nigerian trust Bitcoin more than gold when it comes investments. Bitcoin is rightly deemed as the “Digital Gold”. The cryptocurrency, introduced to the world in 2009 has all the properties of gold, except for the weight and these features aren’t lost on the Nigerian cryptocurrency community. Bitcoin has a huge presence in African nations, and Nigeria is one such African country which recently ranked high in Google Trends…

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Cyprus SEC gets Tough on International Forex, Bitcoin Traders

April J, 2017
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Cyprus SEC gets Tough on International Forex, Bitcoin Traders International Forex trading hub Cyprus has signaled that “comply or close shop” standards will be enforced within nine months, causing uncertainty among FX companies, some of them holding Bitcoin/fiat positions.   Retail trading companies located on the island offering clients Bitcoin/fiat pair options have yet to be instructed on Bitcoin options but the latest Cyprus Securities and Exchange Commission (CySEC) statements and the Central Bank of Cyprus’ view on cryptocurrencies may…

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Buy Bitcoin at Paybis With Credit Cards, Its Easy

April J, 2017
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 Buy Bitcoin at Paybis  With Credit Cards, Its Easy   EDINBURGH, Scotland, April 5, 2017 /PRNewswire/ — Users on the leading digital and cryptocurrency exchange platform Paybis can now buy Bitcoin instantly with their credit card. The new feature makes Paybis one among the few platforms that offer such an option.   Paybis accepts credit cards issued by major providers like Visa, MasterCard, etc. on its secure platform. Those making use of the "Bitcoin with Credit Card" option on the…

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Bitcoin Steams Ahead

April J, 2017
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Bitcoin Steams Ahead Cryptocurrency enthusiasts will have noticed that bitcoin’s price has been going up steadily over the past few days. It is always difficult to pinpoint the exact reason for this behavior. Japan’s new cryptocurrency regulation went into effect, and there is a big bitcoin marketing campaign on the /r/place subreddit. Both factors may contribute to future bitcoin price gains moving forward. BITCOIN PRICE PREPARES FOR ANOTHER MAJOR RALLY It is impossible to deny the recent bitcoin price gains.…

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Bitcoin vs Gold: Which is a Better for Long Term Investment

April J, 2017
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Bitcoin vs Gold: Which is a Better for Long Term Investment   Imagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years. Which option would you choose? With the two commodities now in roughly the same price range, it's worth putting aside some of bitcoin's short-term volatility…

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Indians Petition Government Demanding Legal Status for Cryptocurrencies

April J, 2017
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Indians Petition Government Demanding Legal Status for Cryptocurrencies The Indian cryptocurrency ecosystem recently woke up to a shocking news on leading media outlets. It was reported that the use of Bitcoin in the country is illegal and could attract penalties under anti-money laundering laws. However, the report was not entirely accurate, and the news platforms were quoting a Member of Parliament seeking the implementation of cryptocurrency regulations by calling Bitcoin a “Ponzi scheme”. While the confusion was eventually cleared, the…

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Is ItToo late to buy top Chryptocurrencies

March J, 2017
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Is It Too Late to Buy the Top Cryptocurrencies   While the majority perceives digital currencies including Bitcoin, Monero, Dash and Ether as either a means of payment or a token for development, there still exists a relatively large group of users who consider these digital currencies as short and mid-term investments. Many investors within the digital currency exchange market still inquire about the timing of their investment. For short and mid-term investment, is it too late to buy the…

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Basic Rules for Beginners in bitcoin Trading

March J, 2017
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Basic Rules for Beginners in Bitcoin Trading   There has been a protracted debate on the actual identity of Bitcoin, whether it should be regarded as a currency or a commodity. With reasonable support on each side of the debate based on its inherent characteristics, a huge segment of the ecosystem is of the opinion that Bitcoin can, and should be regarded as both a currency and a commodity. Whatever definition attached to Bitcoin, the constant variation in price offers…

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Ethereum style smart contracts for Bitcoin in June

March J, 2017
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Ethereum style smart contracts for Bitcoin in June   Ethereum has gained a lot of attention over the past year or two as it became the second most valuable cryptocurrency by market cap. The platform enables the execution of smart contracts, a feature coming to Bitcoin in the form of RSK. On a recent episode of Coin Interview, RSK’s co-founder, Gabriel Kurman, claimed that RSK’s private testnet will turn into a public testnet on May 22nd at the 2017 Consensus…

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Bitcoin wobbles as traders turn to other cryptocurrencies

March J, 2017
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Bitcoin wobbles as traders turn to other cryptocurrencies It's been a volatile period for Bitcoin investors, as holders of the cryptocurrency prepare for a potential 'fork' in the blockchain. From Friday morning until Monday afternoon, Bitcoin was trading under the $1,000 level, and even fell beneath $900 on Saturday. This is significant as, barring the weekend of March 18 and 19, Bitcoin has traded above $1,000 since early February and hit a fresh all-time high of around $1,325 on March…

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