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Bitcoin Adoption In The Automotive Industry. Buy A Car With Bitcoin

You can now walk in a licensed Subaru dealership in Oklahoma and purchase a Subaru with Bitcoin, Ethereum or Litecoin. In a recent YouTube video, a local crypto advocate visits Bob Moore Subaru dealership in Oklahoma City and gives us a quick demonstration by making a purchase from the dealership using Litecoin as payment. It's exciting to see cryptocurrency adoption continue to spread in the automotive industry. There have been reports in the past about car dealerships accepting bitcoin as a form of currency. It started out with a few, then other car dealerships began following the trend and now...

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Bitcoin (BTC) Likely To Find Its True Bottom In Q2 Of 2019

Bitcoin (BTC) is preparing to rally towards the 61.8% Fib level which would correspond to a price of $4,500 or higher. While we expect this rally to be short lived and not last for long, there is still a high probability that this rally will take place. The daily RSI and Stochastic RSI on the BTC/USD chart point to short term oversold conditions which means a correction the upside can be expected before the final corrective wave to the downside. In our previous analyses, we have mentioned that an imminent decline below $3,000 is almost a certainty and it is...

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Hacker Makes $20k Off Bitcoin, “Security Is Just An Illusion”

One person has taken to the dark web to sell around 620 million of stolen customer details according to The Register who claim they have been in touch with the seller and the database is 100% real. The hacker has said that the data was collected over the past year through remote-code execution attacks after compromising vulnerabilities in web applications. The details that were stolen follow a 16 high profile data breaches including those of MyHeritage (92 million), MyFitnessPal (151 million, 8fit (20 million) Fotolog (16 million). All are for sale at the total price of around $20,000 in Bitcoin....

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Bitcoin Bull Max Keiser Calls Warren Buffett A Rat In Response To Recent Comments

Once again, the billionaire investor, Warren Buffett has taken his time to put a few digs into Bitcoin and the rest of the cryptocurrency space. For those that don’t know, Buffett is an American business investor, magnate and philanthropist who is also the CEO of the multinational conglomerate firm Berkshire Hathaway based in Nebraska. Speaking to Becky Quick on yesterday’s CNBC Squawk Box, Buffett said: “Bitcoin has no unique value at all. It is a delusion, basically. […] It attracts charlatans. If you do something phony by going out and selling yo-yos or something, there’s no money in it —...

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Will A Russian Bitcoin Launch Next Month

According to new reports, ministers in Russia are on the verge of launching a new oil-backed cryptocurrency, native to Russia, that will be known as the Russian State Duma. The reports suggest that a full roll out of the currency could be seen as early as March 2019, meaning we expect to see more announcements regarding this in the coming weeks. The Russian State Duma (RSD) is said to be backed by oil, therefore it’s funding and prices will be relative to Russian oil and mineral stocks, in the same way the Venezuelan Petrol currently operates. Whilst RSD is not...

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