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Fear As Bitcoin Experiences Manipulation

Since the start of the new year, the value of Bitcoin has dropped by almost 50%, a dramatic plunge that has seen the price of the overall digital currency market plummet by over £30 billion. Bitcoin’s value had a meteoric rise at the tail-end of 2017 prompting unparalleled investment in the alternative currency, as well as in numerous of its competitors, as well as the production and introduction of a whole swathe of new altcoins into the market. Peaking at $20,000 per coin in the last half of December, the sudden rise and equally unexpected fall in Bitcoin’s fortunes has...

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“It’s Your Own Fault” If You Are Not A Millionaire In The Next Decade

A German teen has claimed that we only have ourselves to blame if we are not millionaires within ten years. Erik Finman, who is 19 made the bold statement, after he found himself well off after investing some money into cryptocurrencies. Finman was given one thousand Euros from his grandmother, and he chose to invest them in Bitcoin. That decision paid off and he now has approximately $1.5million in the virtual currency. He showed his age though in a recent interview, when he gave this answer, when asked whether it was easy for the average person to replicate his success;...

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Hong Kong’s Crypto Safety Campaign

Authorities in Hong Kong are planning on carrying out a public enlightenment exercise, which has been specifically aimed at informing residents of Hong Kong of the risks involved when investing in cryptocurrencies and ICO’s. Trading and investing in anything has risks associated with it, which is why two of the leading and most influential financial authorities in Hong Kong; the Financial Services and Treasury Bureau, and the Investor Education Centre; have taken it upon themselves to teach the country all of the ins and outs of cryptocurrency trading, and participation in Initial Coin Offerings. The chairman of the IEC, Dr....

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These Companies Accept Cryptocurrency

Most people think of cryptocurrency in terms of a purely virtual, digital commodity, not accepted widely in the mainstream. However, you may be surprised to find out that there are more and more major companies willing to deal in digital currencies. Here are some of the more famous ones, and how they are currently dealing with cryptocurrency. Subway Subway is now accepting Bitcoin in exchange for meal items, although only at certain franchise stores. A foot-long sub costs approximately 0.006BTC. PayPal It makes sense that PayPal, a purely digital bank, would be happy with digital currency. Indeed, they were one...

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As An Asset, Bitcoin Is As Good As Gold

No cryptocurrency has seen as much scrutiny as Bitcoin. Despite it being the number one cryptocurrency in both popularity and market capital, there are still some investors who simply do not trust it as a currency. Many companies, who used to support Bitcoin are dwindling, and it is beginning to look less and less like a viable currency everyday. One of these companies is Stripe.  Although they boasted about the fact that they were one of the first companies to accept and support Bitcoin payments, snags in the blockchain technology, such as lengthy transactions times and the volatile price, they...

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