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Old School Meets New School
The recent surge in price of Bitcoin has also driven up the price of many other Altcoins, but not to the extent you might think. Normally when Bitcoin rises in price, other cryptocurrencies follow suit. The recent price increase in Bitcoin has affected other cryptocurrencies, but this time the percentage increase in other Altcoins is not as high. One of the reasons that Altcoins have not increased as much this time around is because many investors are flocking to Bitcoin and giving up on Altcoin...
Bitcoin has made a nice rally in recent weeks, but the recent gains are nothing compared to what one person is predicting. Wences Casares, the chief executive of Xapo, or “Patient Zero” as he is oftentimes referred to, has predicted that Bitcoin could hit $1 Million within the next ten years. You may not be familiar with Casares, but he is well known in the cryptocurrency community. He was nicknamed “Patient Zero” because once he caught the Bitcoin fever the craze spread to many other people. ...
The price on Bitcoin is not the only thing that has gone up in recent weeks, as Google searches for Bitcoin have risen dramatically. There has been a surge in Bitcoin searches on Google, as there were the most Bitcoin searches since November of last year in the last week. Bitcoin has risen in price by about 20% in the last week or so with a major order placed last Tuesday being the main reason for the spike. It has been speculated that an order of a combined $100 million sent the Bitcoin market into frenzy and the Bitcoin price surged. Since that surge, Bitcoin searches have definitely gone up. ...
We have been waiting for a long time for Bitcoin to show some signs of life and it now appears that the wait is over. For the first time since 2017, Bitcoin has had two straight good months and perhaps the bear run for Bitcoin is finally over. The Bitcoin price opened at $3,434 in February and closed at $3,823 for an increase of 11%, while the March price opened at $3,823 and closed at $3,942 for an increase of 3%. There had not been two straight months of positive price movement for Bitcoin sin...
You may be wondering whether or not you should sink any more money into Bitcoin considering it has plummeted after hitting an all-time high of almost $20,000 in December of 2017. Many people were burned after they invested in Bitcoin, as the price dropped to as low as $3,150 per coin. The price has rebounded some, but it is still trading at just below $4,000. One thing that could send the price higher is the fact that some people may start to think of Bitcoin as digital gold. Let’s look at what ...
Have you ever wanted to use cryptocurrency to pay for something? You might have Bitcoin or Ethereum in your eWallet but you can’t use it to pay for things like food, travel, etc. The new Samsung eWallet is expect to change that, although at first it won’t support Bitcoin. The new Samsung eWallet will include support for Ethereum, dApps and ERC-20 tokens. The new Samsung eWallet will be available on the new Samsung Galaxy S10. The eWallet will only be available on the S10 model right now, althoug...
Have you ever thought of Bitcoin like Gold? When you think of both things there are definite similarities and differences. Bitcoin is worth thousands of dollars per coin, while Gold is worth over a thousand dollars per ounce. Many people invest and trade Gold and many people invest and trade Bitcoin. The one difference at the moment is that very few people use Gold to buy goods, while more and more people are using Bitcoin to buy things. ...
Bitcoin still goes under the radar with most people, but that may change if Starbucks starts to accept the cryptocurrency. Starbucks is preparing to accept Bitcoin using Bakkt, a digital asset platform that expects to launch later this year. More and more companies are accepting Bitcoin as a way to pay for goods and services, and Starbucks would take Bitcoin acceptance to another level. Many companies around the world are accepting Bitcoin as an alternative payment method, but most businesses still have not taken to accepting cryptocurrencies. If Starbucks starts accepting Bitcoin it would signal to other companies that it is time to make Bitcoin a regular payment method. ...