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Will Uber Soon Accept Bitcoin?

Uber has recently got a new CEO, who accepted Bitcoin payments at his last company, has led some to wonder whether he will begin to accept Bitcoin payments at Uber. If this was to happen, it could mean huge things for Bitcoin. Having a high profile company, such as Uber accepting the cryptocurrency, it would create more awareness about Bitcoin, which in turn could increase the demand, which would mean that the prices are more likely to rise. Increased awareness is not the only benefit though. Other benefits include the processing speed. Credit card payments can take up to three...

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Bitcoin Is Not Stifling Gold According To Goldman Sachs

Bitcoin has really stolen the limelight this year; however, Goldman Sachs say that the meteoric rise has not stifled the demand for gold. Many investors had feared that the increasing value of Bitcoin would take the shine off gold, but Goldman Sachs say that this will not happen, as the two have very obvious differences. One example of this is that gold investors use exchange traded funds, futures or commodities indices, which are automatically covered by anti-laundering and counter-terrorist financing regulations. Analyst Jeffrey Curries said that there is very little clarity on how trading with cryptocurrencies could be made in...

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Jim Armitage Believes That Bitcoin Is A Bubble

Sponsored by Jim Armitage has spoken about his views regarding Bitcoin. Whilst he believes that the blockchain technology that Bitcoin is based on is strong and robust, he does not believe that it is worth its current value at all. It is the fundamental blockchain technology that he believes has kept Bitcoin alive, despite the many years of criticism by regulators, governments and the media. He does not believe that Bitcoin, and other similar cryptocurrencies will replace the dollar, or sterling, he believes that they will become common global substitutes for cash transactions, all thanks to the strong technology that...

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People Are Taking Out Mortgages To Buy Bitcoins

Sponsored By Given the recent surge in price, there are probably a lot of people who are regretting not buying Bitcoins when they were cheap. Let’s face it though, you would have been taking a massive gamble, as very little was known about the cryptocurrency world. Despite the odds though, Bitcoin is still going strong, and has been priced close to $20,000. There are still sceptics though, and many people believe that Bitcoin has reached its peak, and that it is not worth buying them now. This is not the same for everyone though, and some believe that the price...

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US Financial Experts Warning About Bitcoin

Sponsored By Early this week, top US financial regulators have had their say on trading cryptocurrencies, and have warned investors of the risks surrounding them. They use Bitcoins latest price surge as an example of the volatility that surrounds them. Jay Clayton, chairman of the Securities and Exchange Commission, was keeping a close eye on ICO’s, a move that was then followed by a warning from J. Christopher Giancarlo, who is head of the Commodity Futures Trading Commission, who stated that the agency would not be able to protect investors in a lot of cryptocurrency trading venues. Regulators are becoming...

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