Tag Archives: bitcoin

Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack

Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack

                     

Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings.

U.S. startups look for Japanese partnerships

The Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion, is purchasing Blockstack’s STACK tokens. Blockstack CEO and co-founder Muneeb Ali reportedly said that United States-based startups typically partner with businesses in Japan. Ali further discussed the advantages of conducting crypto business in Japan.

He said:

“Japan is a very interesting market for crypto because it has clarity around regulations. It is legal to own and trade crypto assets, but only those whitelisted by the regulators.”

According to the report, Recruit’s investment paves the way for Blockstack to expand into the Japanese market. 

Blockstack’s venture into Asia

Blockstack recently received its first funding round from Asian investors, according to the report. In Ali’s announcement, he made similar comments — expressing his view of Asia as a central crypto player and Blockstack’s desire to expand its base in the continent,

writing:

“Asia is an important market for Blockstack, as Asian countries have arguably the most significant penetration for both crypto users and developers. […] The Asian strategic round led by Hashkey and SNZ marks a new chapter, and we’re excited to expand our developer outreach and grow the Blockstack community and usage in Asia.”

Blockstack partners with Lambda School

As reported by Cointelegraph, Blockstack announced a partnership with the Lambda School earlier this month. The school offers courses focused on practical skills, while Blockstack will provide educational services on how to code its apps. Additionally, Blockstack will offer an earning option through its App Mining Program. At the time, Ali reportedly said: “This is the sort of program I wish was available to me when I was a student.”

Article Produced By
Max Boddy

Max Boddy is a reporter with a background in philosophy. When he’s not covering crypto news, Max can often be found experimenting in the kitchen or writing about League of Legends.

https://cointelegraph.com/news/japanese-hr-and-tech-giant-recruit-holdings-invests-in-blockstack

Thomas ClaimCo.in

Ether XRP Rise to 1-Month Highs While Bitcoin Falls

Ether, XRP Rise to 1-Month Highs While Bitcoin Falls

                                

Demand for alternative cryptocurrencies has seen their performance rise

over the last 24 hours despite bitcoin’s (BTC) failure to take another leg up. It raises the question as to whether the “alt season”, a period where alternative crypto sees considerable growth regardless of BTC’s performance, is finally here. Ether (ETH) and XRP (XRP) rose between six to 10 percent on the day backed by solid demand seen in large 24-hour trading volumes.

The event marks a divergence from recent weeks with BTC’s dominance rating, a share of the total crypto market value, having hit a 30-month high above 70 percent earlier this month. That number has since dropped to 68.3 percent as interest in alternative cryptos begins to pick up once more. As seen above, both XRP and ETH experienced swift rallies in their price between 10 pm on Sept. 17 and 3:00 am Sept. 18, while BTC was down 1 percent over the same period.

Other notable crypto assets such as Stellar (XLM), Binance Coin (BNB) and Litecoin (LTC) are also up between 2.5 and nine percent. The total market capitalization of all crypto, excluding BTC, also rose by more than $5.4 billion over 24 hours, while total trading volume was up $7.2 billion. It could be a sign that investors are growing wary of any further potential gains in BTC’s growth and looking elsewhere, given that its price has remained within a $300 range for nearly 2 weeks.

Article Produced By
Michael Williamson

Michael Williamson is a content marketer who formerly worked out of Unbounced's Montreal office. A writer by day and a reader by night, he is loathe to discuss himself in the third persona, but can be persuaded to do so from time to time.

https://www.icogeeker.com/ether-xrp-rise-to-1-month-highs-while-bitcoin-falls/

Thomas ClaimCo.in

Bitcoin ATM Network Expansion Gets 15 Million Funding from CoinMe

Bitcoin ATM Network Expansion Gets $1.5 Million Funding from CoinMe

Crypto startup Coinme has secured up to $1.5 million for the expansion

of Bitcoin ATM network. With more people joining the crypto space, the use of crypto ATMs is becoming popular with each passing day. This calls for a larger network of the machines to be installed in various strategic locations. The move by Coinme will expand the infrastructure and enable more people to have access to their digital assets. The startup raised the funds through a recently launched A-1 funding round—a project of the Blockchain Finance Fund and Ripple’s Xpring. Co-founder and CEO of Coinme Neil Bergquist said that they are impressed by the confidence that Ripple and Blockchain Finance Fund exuded in the company.

He said:

“We are bolstered by this vote of confidence by Ripple and Blockchain Finance Fund in our vision and the exciting opportunity to provide access to digital currencies for millions of people around the world. Coinme is building the infrastructure that powers the rapidly growing digital currency economy. We can now bring that infrastructure to a global audience.”

Acquire More Bitcoin ATM Licenses

The CEO explained that they would use the funds generated from this round to process more cryptocurrency ATM licenses for further expansion in the US. The company also intends to survey the international market, targeting regions such as Europe, South America, and Central America. These regions have warmed up to blockchain and cryptocurrency and therefore, Coinme is focusing on conquering them. Importantly, Coinme intends to develop a digital wallet to be used for sending and paying cryptocurrencies. Once launched, the wallet will be in the market alongside others such as XRP wallet, which provides security for cryptocurrency users and their assets.

Coinme Network

Established in 2014, Coinme has the largest and most extensive network of Bitcoin ATMs across the world. Its ATMs are available in more than 2500 locations worldwide. As the company gets more funding, it will add more ATM outlets to its network. In addition to running Bitcoin ATMs, Coinme offers various options to its clients, including high volume transactions, concierge trading, and crypto retirement options.

Article Produced By
Tony P.

Tony is a writer and a crypto enthusiast. A graduate of creative writing, he synthesizes blockchain and cryptocurrency topics in a way he only can.

https://theccpress.com/bitcoin-atm-network-expansion-gets-1-5-million-funding-from-coinme/

Thomas ClaimCo.in

Bitcoin Banks Get the Thumbs-Up from Switzerland

Bitcoin Banks Get the Thumbs-Up from Switzerland

Thomas ClaimCo.in

Bitcoin Now Accepted at Burger King in Germany

Bitcoin Now Accepted at Burger King in Germany

Burger King customers in Germany can now pay for their burgers and fries with Bitcoin through the restaurant’s delivery website and mobile app.

Mainstream Bitcoin acceptance is steadily growing. The last couple of years have seen a number of businesses begin accepting BTC as a payment option, and the latest entry on this list is the Burger King chain of restaurants in Germany.

Spending Bitcoin Your Way

Now Germans who are craving a Whopper hamburger, onion rings, or a milkshake from Burger King can purchase their favorite fast food by spending cryptocurrency. The company’s delivery website and mobile app have added Bitcoin as a payment option. This is tremendous news as Burger King has over 600 locations throughout Germany. It should be pointed out that there is no confirmation that BTC can be spent at the actual restaurants. Still, this is definitely a step forward as many people are now using mobile apps to order and pay for their food in advance. This isn’t the first time that Burger King has accepted Bitcoin as a payment option. Franchises in Russia began accepting BTC back in 2017.

Huge Growth Potential

An important upside to Burger King accepting Bitcoin is the sheer scale of potential adoption. While Russian and German Burger Kings are accepting cryptocurrency, the franchise has a staggering total of 17,796 restaurants scattered across 100 countries as of the end of 2018. As more countries begin to establish regulations for cryptocurrency, further mainstream adoption is much more likely. Another interesting aspect of this situation is if other fast food franchises follow in Burger King’s footsteps in accepting cryptocurrency payments. The entire industry is highly competitive where a new offering from one chain is quickly countered by something new from a competing chain.

Such competition could lead to other fast food outlets seeing cryptocurrency as a viable payment option, and the upside to such circumstances is huge. McDonald’s boasts 37,855 locations in over 100 countries, and Wendy’s has 6,711 restaurants, which are mostly located in North America. Kentucky Fried Chicken has 22,621 restaurants in 136 countries while Taco Bell has 7,072 locations. The 1980s saw the “Burger Wars” where the different chains fought each other for market share and dominance. It would be interesting to see if a new cryptocurrency-focused war will break out between the various fast food franchises.

Article Produced By
Jeff Francis

https://bitcoinerx.com/bitcoin/bitcoin-now-accepted-at-burger-king-in-germany/

Thomas ClaimCo.in

How to Earn Bitcoin? 13 Different Ways to Earn Bitcoin Free

How to Earn Bitcoin? 13 Different Ways to Earn Bitcoin Free

                                

Everyone likes free money. When it comes to Bitcoins

the first question in everyone mind is that how can I earn free Bitcoins. In this post, we will cover all the methods of how to earn Bitcoin.

Post Index

There are many different ways to earn money with Bitcoin. The free methods consume a lot of time and not reliable for a passive income source. Here is a list of different ways to earn Bitcoins:

  • Faucets/ Ads Click
  • Referral
  • Hardforks
  • HYIPs
  • Bitcointalk
  • Blogging/YouTube
  • Mining
  • Airdrop
  • Paid Trading Signals
  • Bounty
  • Trading
  • Betting/Gambling
  • Lending

Bitcoin is Not the Magical Money

People think that Bitcoin is a type of magical money from which many people make good profits and income. Bitcoin is not magic money, rather we ca compare Bitcoin to Gold and say Bitcoin is Digital Gold. There are no magic ways to earn Bitcoin. It takes a lot of time and efforts depending on which method you are using.

There are three factor that you should take care.

  • How much money you can make from that source?
  • How much efforts does it take?
  • How much risk is there?

All the methods we share in the post is tested by Bitcoinik team, so all of them are legit and genuine. Without any further delay Let’s Start:

1 Earn Bitcoin from Faucets

Efforts – High, Income – Low, Risk – Low

Faucets are the website which gives a very small fraction of Bitcoin ( Or other cryptocurrencies like Ethereum, Doge etc.) in a fixed time interval. This is the easiest method to earn free Bitcoin that need only a Bitcoin wallet. You did not need any technical knowledge about how Blockchain works and other market stuff. This is available free so there is no risk of money but need a lot of time. This method takes a lot of time and efforts to earn some bucks. If you claim every hour or every time a faucet allows then the earning is between 10 cents to 50 cents a day. You can try FreeBitco.in faucet that gives $0.05 to $200 every hour. Another Faucet website BonusBitcoin.co give 1 cent to 10 cents every 15 minutes.

2 Join Bitcoin Referral/Affiliate Programs

Efforts – Medium, Income – Medium to High, Risk – Low

Referral or Affiliate means you can earn Bitcoin by promoting other business. You need to bring new people who joined with your link and buy the products. Affiliate/ Referral is totally free all you need is to bring people to buy the products. There are many ways to become an affiliate, you can share your link on social media (Facebook, Twitter) or run ads campaign. You can share the links on your website that have good traffic. Many crypto exchanges and websites provide affiliate/referral programs. The commission per sale is between 2 percent to 50 percent or even more than this. Binance exchange gives 40 percent of the trading fee back to you when your referral makes a trade. Bitmex a margin trading crypto exchange gives a 10% fee discount for 6 months. BestChange a cryptocurrency converter gives $0.65 for each user who signup from your link. Imagine if you can successfully signup 100 users you will earn $65 without doing anything.

3 Earn From BitcoinTalk Campaign

Efforts – Medium, Income – Low to Medium, Risk – Medium

BitcoinTalk a leading Bitcoin forum can be used for ads campaign. You can join a signature campaign and earn for every post you write. The website is used for all types of discussion related to cryptocurrencies. You can advertise a product or website below your profile to get paid. The payment will be given as per your membership level. To raise your level you need to post regularly good quality content. There are strict restrictions for post length and original content. There is also a minimum post requirement per week. You can make from $1 to $10 depends on the signature campaign and your level. All payouts are only sent in Bitcoin.

4 Write and Create Video About Cryptocurrency

Efforts – Medium to High, Income – Medium to High, Risk – Medium

If you are in crypto for a long time and have enough experience of the Bitcoin space, you can become a writer and create good content. Crypto is an emerging space for startups and they are in need of experienced professional for their business. It’s very hard to find good content makers, you can make handsome money by writing and exploring about Cryptocurrencies and Bitcoin. You can find job/opening section on many websites or you can email them. You can upload your profile on Upwork – an international freelance marketplace. You must have sample articles to show your skills. If you are looking to work for Bitcoinik please leave a comment below.

5 Mine Bitcoin/Cryptocurrencies

Efforts – High, Income – Medium to High, Risk – Medium to High

Bitcoin mining is a process of verifying the transactions on the digital ledger (Blockchain). Each and every transaction on a Proof-of-Work (PoW) blockchain is verified by miners. A mathematical problem is solved to verify the transaction and who did that first get the reward. Bitcoin reward per block is 12.5 BTC. Anyone can solve the problem and earn the reward but the probability is calculated by your mining power. The current difficulty for Bitcoin is 6,353,030,562,983 so you can calculate your probability according to your power. Altcoin mining on the other hand is easier than Bitcoin. If you have less hardware you can mine low marketcap coins.

There are two types of crypto mining available:

  • Cloud Mining
  • Hardware Mining

In cloud mining, the website gives you investment plans and returns based on your investment amount. Cloud mining is easy all you need is to send your Bitcoin (another crypto) to the website and they give you daily/monthly returns. Sooner or Later the website exit as a scam. On the other hand, Hardware mining is real and cost more than cloud mining. You need to set all hardware devices and need better electricity and coolants for long life. Must do your own research before investing, after all its your money.

6 Become a Crypto Trader

Efforts – High, Income – Medium to High, Risk – Medium to High

Always remember in trading “Trend is your friend“. Trading is one of the best ways to generate a good income. You can trade Bitcoin or other cryptocurrencies on different crypto exchanges. Trading is simple “Buy Low Sell High“. Many people think that trading is gambling and only luck works when your trade goes right, but this is not true. Traders spend a lot of time in reading charts and learning about market movements. You must learn risk management in trading and know when to trade and when not. Noone is perfect in trading even Pro-Traders can lose money in some of the trades, they look at this as learning lessons and ready for long term profits. If you can make 6-8 successful trades out of 10 you can make good money. Start with the small trading amount and increase it with learning. Always remember “Only Invest that You Can Afford to Lose

7 Paid Trading Signal

Efforts – High, Income – Medium to High, Risk – Low to Medium

If you are good at technical analysis and have a good success rate in trading then you can give paid trading signals on different platforms (Telegram, Facebook, Trading view). There are many people who are looking for a portfolio manager. They give you dividends based on profits or you can take a monthly fee. First, you need to prove yourself a good trader to share your previous trading history and your technical analysis. You can join a trading firm that will give provide you with better tools and capital for trading. This is not an easy job and you need a good experience (more than 2 years) for that.

8 Participate in Bounty Programs

Efforts – High, Income – Medium to High, Risk – High

The bounty program is run by a company to educate people about the product or to find any bugs/problems in the product. Many crypto coins run a bounty program to promote their business and pay according to the content and sales. Others can run a bounty program to find bugs/problems in the end user product. The income varies according to the tasks and companies. You can get up to $10,000 to find a bug in the software or up to $1,000 to create a video or write a blog review.

9 Try Luck With Gambling/Betting

Efforts – Low,  Income – Medium to High, Risk – Very High

This method is highly risky and you can lose all amount in seconds. There are various crypto gambling websites that provide different games. There is not so much to write about this method but if you want to try this please make sure that the gambling website is fair. If you have an interest in sports and have good knowledge you can try Cloudbet the leading sports betting website with good odds. Sports betting is much better than casino gambling and you get a 50-50 chance of winning.

10 Lend Your Bitcoin/Crypto

Efforts – Low,  Income – Medium to High, Risk – Very High

You can lend your Bitcoin and get monthly/yearly returns. This method is very risky because the crypto market is highly volatile and it is not possible to generate the same returns every month. The borrowers can run away from the deal or go totally broke. There are some lending website that gives good returns but can turn into a scam anytime.

11 Earn From Airdrops

Efforts – Medium, Income – Low to Medium, Risk – Medium to High

Airdrops are a medium of spreading the cryptocurrency to users so that they aware of the crypto-coin and take some interest in it. The coins are distributed to users free of cost but sometimes there are some requirements to qualify for the Airdrop. Currently, Blockchain (crypto company) is giving $25 worth of Stellar Lumen (XLM). Airdrops are risky and can be used to steal your private keys and passwords. Never use your primary email for airdrops and same passwords. You should create a different wallet and email id for airdrops registration.

12 Claim Free Coins From Hardforks

Efforts – Medium, Income – Low to Medium, Risk – High

The first popular Bitcoin Hardfork was held on 1 August 2017. A new coin (Bitcoin Cash BCH) is created by the fork and Bitcoin holders get free BCH coin in 1:1. The highest price 1 BCH was $4090, means you get free coins worth $4090 if you sell at all time high. After that, there are many hardforks (Bitcoin gold, Bitcoin Diamond and many more) were held in regular intervals. Bitcoin holders can claim free coins as per their holdings and sell them on exchange for USD or btc. If you don’t know how to claim free coins you may lose all your Bitcoins. There are many exchanges and compaines those support a hardfork will help you in this, but always do your research because they can turn into scams easiy. This method needs technical knowledge and always risky because the Bitcoin market is volatile. The income reward is medium to high according to the support of the new coin.

13 Double Your Bitcoin With HYIPs

Efforts – Medium, Income – Medium to High, Risk – High

Everyone should avoid this method known as High Yield Investment Programs (HYIP). These websites claim to double your Bitcoin overnight or give very high daily interest rates. HYIP websites claims that they have highly professional trading team that make such type of profits. Actually, they are just doing money circulation from new members to the old members until they reached their goal. These websites also have attractive referral programs so that users can bring more new users. The average lifetime of a HYIP website is from 10 days to 150 days depends on how high the daily returns they give. One day the website just get offline and stop giving payouts. Any website that claims to give more than 20 percent annually will turn into scam anytime. Our advice is to stay away from such websites.

Conclusion

Here we covered 13 different ways to earn Bitcoin. Each method has its own pros and cons. Some are highly risky while others need more efforts. There is no risk-free and easy way to earn bitcoin. The interesting thing about the bitcoin space is that when you put some efforts to learn about it then you will find many different ways to earn bitcoin.

Article Produced By
Biitcoinik

https://bitcoinik.com/how-to-earn-bitcoin/

Thomas ClaimCo.in

Can Bitcoin Be A Good Future Investment?

Can Bitcoin Be A Good Future Investment?

                              

Bitcoin has suffered a lot in 2017.

Its price dropped from an all-time high of $19,783.06 on December 17, 2017 down to just $3,747on January 1, 2019. That’s an 81% drop in a span of 12 months. Bitcoin’s value during that period suffered a lot because of numerous hacks and thefts experienced by several established cryptocurrency exchanges around the world. Fortunately, Bitcoin’s value has risen over the last couple of months and is now on an uptrend. Bitcoin’s price today is hovering above the $10,000 mark. 

It is believed that after the crash of Bitcoin’s price in 2017, the market needed to be stabilized and must be corrected so it can experience a rise again. Some say that Bitcoin is due for a rise these coming months because of the sentimental attachment of investors who lost a lot and those who are still holding on to their Bitcoins. On the other hand, others predict that Bitcoin’s value will continue to crash. Despite these opposing views, if you’re still interested in investing in Bitcoin, you can visit bitcoin-revolution.io for more information. For now, let’s try to figure out whether Bitcoin is still considered to be a good future investment. 

The Future of Bitcoin

It’s not a secret at all that cryptocurrencies, especially Bitcoin, are so volatile. Their value tends to fluctuate over and over again, but there is also overwhelming evidence that cryptocurrencies are here to stay. Even though Bitcoin is relatively new and unregulated as a digital currency, it is still very popular because of the fact that no central authority, government, bank, financial institution or country has control over it. Most people have a growing distrust of traditional banks, which cause them to turn to digital currencies instead. That said, Bitcoin will most likely stick around because of the popularity it is enjoying today, even though more and more cryptocurrencies are coming out. 

It’s also worth noting, however, that as Bitcoin continues to be strongly popular, regulations that surround this digital currency will also become stronger. In fact, multiple countries such as Brazil, China, Russia, and Venezuela have declared that they are going to develop their own cryptocurrency in the future. So if you think that investing in Bitcoin is no longer a good future investment, you are mistaken. Check out the following reasons why Bitcoins are still a very good investment in the long run:

  1. High Adoption Rate

Out of the 1,600 cryptocurrencies on the market, Bitcoin is one that has been able to prove itself and has established good credibility over the years. This is also the reason why everyone is starting to adopt Bitcoin more and more. Even the biggest companies of the world like Amazon and Apple are already adopting cryptocurrencies, especially the blockchain technology that was introduced alongside Bitcoin in Satoshi Nakamoto’s whitepaper. Countries such as Argentina, Colombia, and Venezuela also showed an increase in the number of Bitcoin trading over the last couple of months. Bitcoin trading volumes around the world are likely to see a significant increase over the next couple of years since countless people are beginning to adopt Bitcoins. 

  1. Cryptocurrency Bull Run

The cryptocurrency bull run is what is called as “invest now and double your investment later on.” As of now, we are currently riding this bull run, making this the perfect time to invest in Bitcoin. Whether you’re a beginner or daily trader, investing in Bitcoin today is one of the best investments you can make. Bitcoin promises big returns on investment (ROI) in the future, and the best thing about it is that you don’t even have to make a very large investment. While a lot of people are questioning the future of Bitcoin and whether it’s still good to invest in it after the crash of 2017, what they often fail to realize is that after the crash, Bitcoin has started to recover. As mentioned, it is going through an uptrend that will likely continue for the next couple of years. 

  1. The Demand for Bitcoin is High

Since Bitcoin is the most popular of all the cryptocurrencies on the market right now, it is also because of this popularity that the demand for Bitcoin is very high. However, even with a high demand, Bitcoin is considered to be scarce. At the time it was introduced, there are only 21 million Bitcoins available. Out of that number, 17 million have already been mined. There are now only 4 million Bitcoins left, but it is expected that more and more Bitcoins will be available soon. This is why it is recommended that you invest in Bitcoin now. As the demand increases, so will its value. This will give you a fair amount of ROI in the next couple of years.

Conclusion

Bitcoin is starting an epic financial revolution that invites everyone to get rich and earn a fair amount of ROI in the years to come. Bitcoin won’t only help make you wealthy, but it can also open up for you more revenue streams. However, you have to know that Bitcoin is not the only cryptocurrency out there. In case you haven’t noticed, when Bitcoin’s value surges, other cryptocurrencies are also likely to follow. That said, it is a good idea to invest in other cryptocurrencies as well since they can provide you with good revenue in the future.

When it comes to Bitcoins, the question shouldn’t solely revolve around whether or not you should invest in it. You should also make it a point to know how you can accomplish this endeavor. The best thing you can do to succeed in investing in Bitcoin is to educate yourself about Bitcoins and cryptocurrencies as a whole. If you feel like you’ve already acquired the necessary knowledge, you can then come up with your own answer. When you start investing in Bitcoin, just start small as you continue to learn more about it. Moreover, never invest anything that you can’t afford to lose so you won’t have any regrets later on.

Article Produced By
Michael Rigario

https://cryptomode.com/can-bitcoin-be-a-good-future-investment/

Thomas ClaimCo.in

4 Benefits For a Business to Invest in Bitcoin

4 Benefits For a Business to Invest in Bitcoin

                                                                                      

Bitcoin (BTC) has garnered the notice of investors and companies from all industries.

Today’s leading cryptocurrency has shown its viability as a medium of exchange through its performance in recent years. Because of its effectiveness, altcoins such as Ethereum, Litecoin, Dash, and Bitcoin Cash have emerged.

The primary characteristic of BTC that entices a lot of people is that it’s decentralized. There’s no single entity, whether a government or financial institution, that controls it. The electronic cash system relies heavily on its user community through peer-to-peer transactions. Miners in the network verify these transactions, which are then added to the blockchain that acts as a public ledger where all transfers are recorded. This transparency allows the system to be self-regulating. Business owners benefit from investing in this cryptocurrency.

Asset Diversification

Having a variety of asset classes in your investment portfolio reduces the risk of significant losses in case the value of a particular asset plummets over a period. Asset diversification enables you to enjoy the perks of different investment types, which perform best at various economic cycles. As a business owner, it’s wise to use a portion of your revenue for trading and other investment opportunities. This way, you take advantage of higher profits through dividends and the like, which is much better than merely relying on interest rates when you keep them in the bank. Investing in Bitcoin, along with bonds, stocks, and mutual funds, can diversify your portfolio and minimize the risk of potential loss regardless of market movement. BTC may still be volatile, but its value continues to rise even with the fluctuations.

Although it surged to new heights in 2017 and followed a crash, it certainly has come a long way from its equivalent dollar price during its early years. Plus, lots of people are deeming it as the currency of the future, so it makes a lot of sense for you to invest in it now and reap the rewards later. You can increase your digital assets by buying Bitcoin using fiat or real-world money. It works similarly to traditional stocks. However, if you’re still apprehensive about the process, you can take advantage of automated trading bots. According to Max Harris, Bitcoin Future is an easy-to-use trading platform that enables users to gain a profit without stressing too much on monitoring the market.

Advantageous Payment Solution

Investing in Bitcoin can give your business a boost because it’s an effective payment solution. It has minimal transaction fees because the process doesn’t entail too many intermediaries as is the case for traditional fiat currency. You also help your customers get the best value for their money because there won’t be additional costs to their payment like foreign exchange rates and transaction fees from banks. BTC is a global currency, so you can send payment to suppliers and receive payments from customers no matter where they are in the world with a lesser transaction cost at that. You just need to sign up for a crypto wallet and inform shoppers that you now accept Bitcoin as compensation for your goods and services.

These are some tips to ensure that you’re storing your Bitcoin safely:

  • Create a Strong Password – When signing up with an online exchange or wallet, prepare a strong password that’s a combination of letters, numbers, and special characters. Use different cases as well, capitalizing some letters while utilizing lowercase for others.
  • Use Two-Factor Authentication – It’s also recommended that you enable two-factor authentication every time you sign up or transfer funds. With this, the system confirms that it’s you who’s executing the task by sending you a verification email or a one-time passcode on your registered mobile phone.
  • Have Separate Wallets – Use two different wallets for your business dealings. You can have one that’s specifically for receiving payments from customers, another for paying your suppliers, and a different one for keeping your savings or trading capital. Just be sure to transfer the funds from the first storage to the others through a secure connection.
  • Dedicate a Device for Transactions – As much as possible, set aside a device that’s purely for your Bitcoin transactions. Accessing your digital wallets through multiple computers or phones can increase security risks since you can’t always monitor the vulnerabilities of those gadgets.
  • Invest in a Hardware Wallet – Bitcoin is a digital asset that’s composed of encrypted addresses on the blockchain. To protect your funds further, you can purchase a hardware wallet specifically designed to store these unique keys. This hardware is similar to USB devices, which connect to your computer with ease. Security features include a PIN and a “seed” in case you forget the former.
  • Keep Private Keys Offline – Create backups of your wallet as well. This way, you can still retrieve your electronic cash in case your computer gets broken, or your hard disk fails. It’s best to have a backup after each transfer or, at the very least, after every 100 transactions so that you always have the updated files containing the latest private keys of your Bitcoin funds.

Earn Interest on Your Investment

Instead of merely buying Bitcoin for personal use, you should invest it since the process will give you more BTC in the long run. You earn the cryptocurrency when you put your money in it. It may seem insignificant at first, but you’ll definitely feel the impact in the future.

Increasing Adoption

Bitcoin’s high adoption rate is one of the reasons why it’s a good future investment. As mentioned above, the cryptocurrency’s performance has gained the interest of investors, companies, and governments. Many countries are drafting up regulations, which show that BTC is rapidly becoming a widely-accepted medium of exchange for goods and services.

Conclusion

Invest in Bitcoin now while the iron is still hot. Analysts are predicting another bull run for the cryptocurrency, so it’s best to take advantage of the current market before it’s too late. As a business owner, you get the benefit of having a diverse investment portfolio and earn interest from these investments. Moreover, you increase your profits because you save on transaction 

Article Produced By
Michael Rigario

https://cryptomode.com/4-benefits-for-a-business-to-invest-in-bitcoin/

Thomas ClaimCo.in

How to Pay with Bitcoin

How to Pay with Bitcoin

                               

Learning how to pay with bitcoin is far from an essential life skill in 2019.

But if libertarians and enthusiasts have their way and mass adoption changes the world’s payment systems, it might be someday. If and when that happens, the lucky few who read this post are going to be ahead of the game. But before we go into the ways people use to pay with bitcoin now, it’s important to acknowledge what paying in bitcoin was like in the early days.

How to Pay with Bitcoin in 2010

Bitcoin’s blockchain launched in October of 2008. Laszlo Hanyecz made the first ever retail bitcoin transaction on May 22nd, 2010. What did he buy? 2 pizzas! In today’s market value, Hanyecz would have paid nearly $80 million dollars for those pizza slices. Aside from the value of the pizza order today, what’s striking about Hanyecz purchase is how elementary his request was back when he made it on bitcointalk.org:

“I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day.  I like having left over pizza to nibble on later.  You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy! I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that.  I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire. If you’re interested please let me know and we can work out a deal.”

Hindsight is Always 20/20

Notice the way Hanyecz positions everything. He’s just looking to cut a deal so he can eat some pizza. Obviously at this point in bitcoin’s adoption, he can’t just walk up to a point of sales terminal and order what he wants. He needs to go to an online forum and find someone willing to take a chance on what turns out to be an $80 million cut of an entirely new asset class!

What’s even funnier looking back is noticing that someone on the forum thought spending 10,000 bitcoins for a pizza was too much back then: “10,000… That’s quite a bit.. you could sell those on https://www.bitcoinmarket.com/ for $41USD right now.. good luck on getting your free pizza.” What a difference less than a decade can make. Here’s the thing. Spending bitcoins in 2010 wasn’t easy. Finding retailers to accept it likely left consumers with maybe one or two local options and perhaps a handful of them online. Today, major corporations are accepting cryptocurrency.

How to pay with Bitcoin in 2019

Nine years is a long time in the world of cryptocurrency. Not only is it significantly easier to pay for things with bitcoin today than it was back then, it’s easier than it was two years ago or even last year. Innovation in technology moves at the speed of light. The list of ways to pay with bitcoin is growing, and it will continue to grow as the days go by. For now, we’ll count them down.

Paying a Bitcoin Forward

At its heart, bitcoin is a peer-to-peer payment system. It always has been and it always will be. The basic principles of the blockchain make it so. Think about it. A blockchain is a decentralized database. In the case of bitcoin, it’s used as a public ledger that nobody can manipulate. Nobody owns it, and nobody can inflate the value of the currency built on it artificially. Blockchain is for everyone and by everyone. That’s why the good old fashioned way to pay for something with bitcoin will always be transferring value to a friend. Here’s how to do just that! Firs things first assuming you already know how to buy bitcoin, you might already have a wallet on a computer or smartphone.

If you don’t, Coinbase.com offers arguably the world’s leading crypto wallet. The portfolio of coins customers can buy and trade with Coinbase is always expanding. Right now, just using a credit card for a small instant purchase, customers can buy Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The company’s trading service, Coinbase Pro, offers the opportunity to trade for many other currencies, but it’s only for American users. Nevertheless, paying a friend in bitcoin is really easy. Just have your friend generate a wallet address on their mobile device and give it to you via text or QR Code. In text, the address is just a long string of random characters like this: 1BoatSLRHtKNngkdXEeobR76b53LETtjaC (Note: This address is fake, don’t send any currency to it)

Take the text address your friend sends you and paste it into the Send field on your crypto wallet app. Choose the amount of cryptocurrency you’d like to send and then fire away. Don’t worry if your friend doesn’t receive the crypto right away. It can take a while for a transaction to go through, particularly on the Bitcoin network. The average completion time for a transaction is 10 minutes. If copying and pasting a bunch of random text is too much for you, using a QR code is even easier. A QR Code is a square filled with random black and white dots. It’s coded with the crypto wallet address. Simply scan a Send or Receive address using the camera embedded in a phone and viola, the transfer is complete.

Spending Bitcoin with Online Merchants

In 2010, having a large online merchant accept bitcoin was a foreign idea. Today it’s much more common. Overstock.com is perhaps the most recognizable brand accepting cryptocurrency. The ecommerce site is a poor man’s version of Amazon, or perhaps more like the furniture retailer Wayfair in a lot of ways. Overstock has been accepting bitcoins for years. The company is so bullish on it that CEO Patrick Byrne announced that the company was launching its own cryptocurrency in 2017 at the height of the initial coin offering boom.

Figuring out how to pay with bitcoin on Overstock isn’t rocket science. Simply choose bitcoin as the payment option at checkout. You’ll then be given a wallet address to send to and be given a small amount of time at a locked in bitcoin price, so that you’re not immediately susceptible to the price swings of cryptocurrencies. This ensures that you only pay the fiat value for the purchase. That’s it. Electronics junkies can do the same thing at NewEgg.com. Like Overstock, NewEgg isn’t new to crypto. The site has been accepting bitcoin for quite a while now.

Spending Bitcoin with Merchants Who Don’t Take It Directly

Even though the adoption of bitcoin is growing by leaps and bounds as the years go by, the reality is the majority of businesses don’t accept bitcoin. So what do you do when one of your favorite places to shop doesn’t take cryptocurrency? You use gift cards. eGifter.com allows people to buy gift cards with bitcoin from any number of stores. It makes paying with bitcoin more convenient in a sense because it broadens the range of retailers you can spend cryptocurrency with, just not in the most direct way. The one downside to using this approach when paying with bitcoin is that there is usually a built-in fee for making the purchase. In other words, you’ll have to spend a little more than a gift card is worth in order to acquire it. The one advantage to using a gift card however is that gift cards don’t expire, so you can keep them for a long time and make purchases whenever you’re ready. From that standpoint, spending money on gift cards might be good for somebody who is super enthusiastic about bitcoin and wants to live off of it on a day-to-day basis.

How to Use Credit Cards to Pay with Bitcoin

No there isn’t a way you can apply for a traditional credit card that lets you use bitcoin and pay it off later. All bitcoin-friendly credit cards are prepaid, meaning that you load them with currency in advance and spend the money as you go. The upside to this is clearly convenience. With a prepaid credit card, you don’t even have to worry about whether or not the merchant accepts bitcoin. The bitcoin converts into dollars at the time of purchase and that’s it. However, just because it’s convenient, doesn’t mean you can use it in any country at any time.

Cards issued in the United States and Canada operate in American and Canadian dollars. If you are to use these cards outside of those countries (or whatever country you reside in), you would not only pay fees, you may also have to pay for currency conversion. Many prepaid cards also require users to maintain a minimum balance or pay an annual fee. It’s not a perfect system but if you’re looking for convenience, at least at the present moment, there’s nothing that tops a MasterCard, Payoneer or Visa Debit. BitPay.com serves customers with both personal and business needs. They allow merchants to get set up and accept bitcoin and allow individuals to sign up for a prepaid card that makes it easier to spend it.

How Adoption is Making Paying Easier

One way to make online spending easier is to use a merchant that operates a store via Shopify.com. Shopify is a publicly traded company whose share price is skyrocketing since the company’s initial public offering. The reason for that is that the platform makes it easy to set up a professional -looking store and empowers anyone to scale and e-commerce business. Now Shopify is letting merchants accept cryptocurrency as payment. While it’s not mandatory for merchants to do so, as adoption continues to expand, for merchants will accept bitcoin. It only makes sense. In 10 years, you may not even need a prepaid card to do online shopping.

You also may not even need it to go and buy coffee. That’s because heavy hitters like Starbucks are even accepting crypto now. That’s thanks to an app called Spedn. It allows merchants to sign up and accept crypto, and it allows individuals to use it. One of the reasons merchants love it is because it guarantees transactions, meaning retailers don’t lose money on chargebacks. Chargebacks cost American businesses an estimated $31 billion a year. It’s not just Starbucks seeing an opportunity to both make and save money.  GameStop, Petco, Whole Foods, and Nordstrom represent are a handful of recognizable brands ready to align themselves with crypto.

How Will Paying with Bitcoin Be Easier in the Future?

If you’ve read this far, you’ll notice a common theme. Making it easier to pay with bitcoin comes down to increasing levels of adoption. Both businesses and individuals always adjust to things that make life easier and enriched them financially. The more and more people realize they can make or save money by using bitcoin, or experience a greater level of convenience and security because of it, the more they will use it. It’s as simple as that.

It may be awhile before everybody takes bitcoin for granted the way they take paper money for granted now. But if recent history is any insight, it will definitely be easier to pay with bitcoin as time goes by. We might even see an influx of people living off of it as time goes by. One thing we are sure to see is more and more private companies developing their own financial systems.. Facebook Libra anyone? For now, just enjoy the ride and get in on the bitcoin revolution. In the long run, you’ll be glad you did. Even if all you get out of it as a learning experience and a bit of exposure to what the future holds.

Article Produced By
Jack Choros

https://cryptoradar.org/how-to-pay-with-bitcoin/

Thomas ClaimCo.in

The Argument For Bitcoin As A Haven Asset And Not A Speculative Investment

The Argument For Bitcoin As A Haven Asset And Not A Speculative Investment


Bitcoin is up by more than 200% since the start of 2019.

This increase has triggered a fair bit of debate over whether the top-ranked cryptocurrency is finally on its way to becoming a bona fide store of value (SoV) and by extension, a haven asset. Many BTC bulls point to current monetary policies and fears of an imminent recession as reasons why Bitcoin will become the de facto haven asset.

Bitcoin as a Hedge and Store of Value

BTC proponents like Anthony Pompliano of Morgan Creek Digital have consistently espoused the idea of Bitcoin being a hedge against uncertainties in the mainstream market. Appearing on CNBC on Tuesday, the Morgan Creek Digital chief declared that it was “irresponsible for institutions not to have exposure to this asset [Bitcoin].”  Speaking to Kitco News on Tuesday, Max Keiser another vocal BTC bull predicted that the top-ranked crypto will outperform everything including banks, the U.S. dollar, and Warren Buffett. Earlier in the year, Keiser declared that smart money will flow into BTC at a rate 25-30x more than gold. For Barry Silbert of Digital Currency Group (DCG), the coming shift in the investment demographic of the U.S. will see more inflow into BTC. The DCG chief recently predicted that trillions of dollars could potentially flow into Bitcoin as the older generation pass on their wealth to those in the ‘millennial’ and ‘generation Z’ age demographic.

Critics Unrelenting in Debunking Bitcoin Appeal

While the bullish voices espouse Bitcoin’s continued relevance, critics hold on to the “zero-sum game” argument. In a recent debate between gold-bug Peter Schiff and Pompliano, the former argued against BTC being able to replace gold. According to Schiff, BTC does not possess any measurable value, unlike gold. For Schiff, BTC’s only value is a construct of the market participants who believe that others will pay a higher price in the figure for the BTC they currently own.

Bitcoin Not Crypto

Another argument brought forth by the anti-Bitcoin crowd is the poor performance of altcoins. Challenging Pompliano during his appearance on CNBC Shark Tank’s Kevin O’Leary highlighted the decline in altcoins. Where BTC has been on the recovery path post-2018 crypto winter, the altcoin market continues to struggle. Despite a couple of price resurgences earlier in the year, altseason hasn’t yet had the desired effect. For BTC bulls like Keiser, Bitcoin’s dominance will continue to grow, eating away at the market share of altcoins. This increasing dominance might lead to the demise of numerous altcoins in what some commentators call an imminent cryptocurrency mass extinction event.

 Global Market Conditions Pushing ‘BTC Buy’ Narrative

For Bitcoin as a non-correlated asset, the signs pointing towards a sustained bull rally appear promising. Central banks across the world continue to pursue an agenda of dovish monetary policies by reducing interest rates and beginning quantitative easing (QE). These policies provide greater liquidity in the market ensuring inflow into emerging asset classes like Bitcoin. However, there is the fear that these dovish maneuvers will cause problems in the mainstream market already stretched by current trade and currency wars.

Article Produced By
CryptoCoin.News

https://cryptocoin.news/news/bitcoin/the-argument-for-bitcoin-as-a-haven-asset-and-not-a-speculative-investment-28835/

Thomas ClaimCo.in

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