Claims that bitcoin is in a bubble are frequent statements that the digital currency community are used to hearing, and now someone new has jumped on board adding their voice to the mill. Jim Rickards, bestselling author and currency expert, believes that bitcoin is in a bubble. Why, though, does he think this? The Currency …
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A rising number of Venezuelans are turning to digital currencies such as bitcoin as the country continues to battle a political, economic and social crisis. In February 2017, inflation in the country is reported to have soared to 741 percent year-on-year. In December 2016, inflation rose by 800 percent, reaching an all-time high. In comparison, …
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A man known for his ability to make uncanny predictions with future innovations has said that he won’t be putting money into bitcoin, stating that the digital currency won’t be the replacement for fiat currencies. Ray Kurzweil, Google’s director of engineering, made these comments at the Exponential Finance Summit, a New York City technology conference that was …
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Romania’s central bank has reportedly issued a new statement confirming its position remains the same regarding the digital currency bitcoin and has warned users from it. In 2015, the Banca Naţională a României (BNR), the central bank of Romania, first warned the public about using bitcoin for payments due to its high volatility in an official notice; however, …
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As Russia’s Central Bank explores the ways in which it can regulate the digital currency Bitcoin, the bank’s governor has raised questions as to whether it can be classed as a currency. In a recent interview with CNBC, Elvira Nabiullina, governor of the Russian Central Bank, stated that she views Bitcoin as a digital asset …
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An analyst who rightly predicted that Bitcoin would reach $2,000 in 2017 has gone on to predict greater things for the digital currency in the future, claiming that it can reach $100,000 in 10 years. In December 2016, Denmark-based Saxo Bank released a report called Outrageous Predictions for 2017. At the time, the price of Bitcoin …
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The world of the Bitcoin is overall looking a lot more positive. Every day we see more and more reports of startups and well-established companies using the Bitcoin or its technology in their company and as a micro-payment solution it is probably the best around at the time. But not everything is perfect in the …
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The Bitcoin is becoming increasingly popular to use, as the Bitcoin community is constantly expanding and the mainstream population is also beginning to see the benefits of using the cryptocurrency to pay with, as well as sending funds with. But despite the massive increase in mainstream transactions and companies accepting Bitcoins completely legal and regulated, …
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It’s exciting times for the Bitcoin payment industry these days, as we are seeing a vast amount of online companies, big and small, starting to accept the cryptocurrency as a mean of paying for their goods and services. Poland’s state-owned air carrier LOT Airlines announced earlier this week that they will not start to accept …
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The Bitcoin gaming industry is moving forward at full speed these days, with more and more operators opening up their doors and attracting new clientel to the thrilling world. The traffic and revenues increases year-by-year and all the larger sites has experienced an increase in revenues. One of the current obstacles in the Bitcoin gaming …
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The Bitcoin is becoming increasingly popular all over the world, with an estimated 7 million either trading or using Bitcoins on a regular basis. A lot of the mainstream adaption comes from services and businesses accepting Bitcoins, but we still haven’t seen a small percentage of the world’s businesses integrate it yet. With more companies …
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The Bitcoin has attracted many creative geniuses, whom have created various businesses based upon the Bitcoin as a payment method or by using its technology. One of those people is Bryan Micon, who was the face of the now shut down SealsWithClubs and the owner of SWCPoker. Micon helped the Bitcoin poker industry get to …
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