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Using PayPal For Bitcoin

A startup com company in Switzerland is aiming to use cryptocurrencies for online transactions to be as safe as possible by using PayPal. Mainstream have almost always slated cryptocurrency, claiming that it’s hard to spend being their main argument. According to CNBC, the total Bitcoin spent on merchant services went up to over $190 million last year from a mere $9.3 million in 2013, but with the market being in its early stages this is a big feat. The Bank of the Netherlands published a study back in February this year which showed that only 2% of online retailers actually...

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Bitcoin (BTC) May Never See $6,000 Again

Chart for BTC/USD (1W) Bitcoin (BTC) is finally out of the woods. The above weekly chart for BTC/USD shows that Bitcoin (BTC) has formed a weekly candle above the historical downtrend line. This is the first time since January 2018 that Bitcoin (BTC) has breached this resistance line and formed a candle above it. The 10 Week EMA is about to cross above the 21 Week EMA which will confirm the beginning of a new cycle. As the new cycle is confirmed, Bitcoin (BTC) will immediately rise above $7,000. Industry leaders like Tom Lee of Fundstrat and Arthur Hayes of...

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Cryptos Gain Adoption Amid Venezuela's Economic Turmoil

Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. At that rate, it'd be a waste of time counting your cash. Venezuelans are seeking refuge in cryptocurrencies by making payments in Bitcoin (BTC), Dash (DASH) and other coins, and by converting whatever purchasing power their bolivars have left into tokenized assets. It's a...

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Why Bitcoin Is A Philosopher’s Dream

  Listen Here - https://soundcloud.com/cryptodaily/why-bitcoin-is-a-philosophers-dream Bitcoin is a technological revolution, there’s no way anybody can argue against that fact. Bitcoin has changed the way many people communicate and of course, the way many people spend money. By being the first true offspring of blockchain technology, Bitcoin has been able to give this technology a real use, helping it gain a reputation within mainstream society and giving the blockchain a real chance to totally disrupt the mainstream world. There’s more to Bitcoin that meets the eye though, through a philosophical and a sociological lense, one can truly begin to understand the...

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Ethereum Classic (ETC) Is Bitcoin With IOT And Dapps

Chart for ETC/USD (1W) Ethereum Classic (ETC) is currently the only Turing Complete blockchain that will run on Proof of Work (PoW) forever. It has a limited supply of coins, just like Bitcoin (BTC). Moreover, just like Bitcoin (BTC) it does not have a known founder or an inside team that influence every decision. Its competitors, EOS (EOS) and Ethereum (ETH) have a lot more Dapps and market recognition. This is because they have a team that can influence every decision of those blockchains to their advantage. Once they have had their fun with Ethereum (ETH) and Eos (EOS), they...

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