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Paying Employees With Bitcoin - Is This Good?

First and foremost, it's important to understand that Bitcoin doesn't have a consistent, set value; its value is entirely based on global exchange rates, and dependent on the way it is sold online. Bitcoin is a virtual currency that is used for certain online transactions, but it is the online trade market that has made Bitcoin become very valuable. The trade value of Bitcoin has been extremely volatile, but it currently sits around the $9,000 mark. Due to the highly publicised rises of value for Bitcoin, some forward-thinking employers have been floating the idea of paying employees in Bitcoin instead...

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CoinText Chooses Bitcoin Cash As Payment Of Choice

A pro of using cryptocurrency has always been its ease of use. With no bank account required, individuals can easily send and receive altcoins through their mobile phone, as long as they have access to the internet. But this is about to change as Bitcoin Cash becomes even easier to transfer through the innovation of CoinText. What is CoinText? CoinText is a service that will allow users to send the altcoin, Bitcoin Cash, via SMS text message. This means that even more people than before will be able to use Bitcoin - even when they don’t have an internet connection....

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Ethereum Won 2017, Will Litecoin Win 2018?

Although 2017 was the year the mainstream media started talking about Bitcoin in earnest, it was also the year that smaller cryptocurrencies started to force their way into the spotlight. Better-known Bitcoin might have occupied the front page headlines, but little brother Ethereum has also been pushing its way to the top of the cryptocurrency pile. During 2017 the lesser-known blockchain currency gained value from $8 to around $1,300. Now Ethereum is being pushed aside by another competitor who wants a slice of the market. Litecoin, a small yet stable cryptocurrency, is gaining prominence - and increasing in value. As...

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JP Morgan Openly Praises Bitcoin

Banking and finance conglomerate JP Morgan is singing the praises of Bitcoin as an investment, and informing its clients of the potential benefits a cryptocurrency can produce. In a February report entitled 'Decrypting Cryptocurrencies: Technology, Applications and Challenges', the financier reinforces the legitimacy of digital currencies and suggests that Bitcoin investments could diversify and improve an investment portfolio. The report identifies three key areas where Bitcoin-based ETFs could benefit investors, and suggests that the cryptocurrency itself would also benefit from moving out of the unregulated, uninsured exchanges and into exchange traded funds. These Bitcoin ETFs would be the "holy grail"...

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Why Crypto Mining Could Be Putting A Stop To Alien Hunting

We all know that Bitcoin mining can be very costly, and it has been reported that it is draining electricity supplies. But now, it has been reported that mining for cryptocurrencies could be having an adverse effect on the search for aliens. This is ultimately due to the fact that scientists require computer power in order to search for extra terrestrials and it seems that the two are being pitted against each other. Miners are being driven by monetary incentives, which is making it more appealing, but this is causing them to purchase more GPUs in order to get more...

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