The world of Bitcoin is primarily dominated by a focus on the current BTC price, preferably depicted in USD value. Even though Bitcoin can be converted to nearly any local currency in the world, the BTC price index is usually valued in USD, as this is still being viewed as the “world currency”. But how does one go about effective Bitcoin price trading? OKCoin and Tradewave will be helping you out in that regard.
Whenever an existing platform starts accepting Bitcoin payments, there is always cause for joy among the digital currency community. Not just because this may indicate that these services will gain additional customers who can finally pay in Bitcoin, but also because they help spread the name of this digital currency. The latest service to accept Bitcoin payments is none other than AdBlock, one of the most widely used browser plug-ins in the world.
The city of Chicago is notorious across the world. Not just for being lovingly called “The Windy City”, but also for its national sports teams, and, of course, it’s mafia and gang history. But it looks like Chicago will be the home of a new kind of “turf war”, which is going on between three different Bitcoin ATM manufacturers. Who will come out on top, and who will bite the dust?
One of the most often heard complaints regarding Bitcoin is the fact we can not use it enough for everyday things. For example, when it comes to paying your weekly or monthly bills, there is no option of doing so in Bitcoin directly. That being said, several companies in Europe – and now also Australia – are working towards achieving that goal.
Paying Bills in Bitcoin Around the World
When it comes to paying bills with Bitcoin, there are several ways to go about it. The most obvious choice comes in the form of selling your Bitcoin through an exchange, having the funds deposited into your bank account and then using that money to pay your bills. However, this is a rather tedious process and people would rather just use a service to pay these bills.
Bitcoin technology allows us to do a great many things in all aspects of life. Not only can we use Bitcoin as a payment method for various goods and services – both online and offline – but the underlying technology has tremendous potential. And one of the most interesting adaptations of that technology comes in the form of smart contracts.
Smart Contracts – The Optional Human Element
The beautiful thing about smart contracts is that they work in the same manner as any regular contract, drawn up between multiple parties. A certain set of expectations has to be met to validate the contract and create a favourable result. In most cases, that result will be the change of money from one party to (an)other(s).
Bitcoin regulation and taxation remains a focal point for governments and digital currency enthusiasts worldwide. With so many countries still on the fence on how they should handle this disruptive alternative currency, it is difficult to predict how everything will play out in the end. But if you live in Switzerland, you can rest assured, as there will be no VAT to pay on Bitcoin for now.
A new trend in the world of Bitcoin and digital currency involves bringing consumer’s attention to using alternative payment methods. One way to tackle that problem is by bringing Bitcoin and digital currency to convenience stores, which are part of our everyday lives. Similar initiatives have taken place in countries such as Mexico, and it looks like Taiwan is next.
More and more Bitcoin-related conventions are making their way to Europe as of late, which could be very beneficial for digital currency adoption on this continent. Alt Convention Conference, an event aiming to bring Bitcoin, blockchain technology, and FinTech to Batumi, Georgia, will be the place to be in October of 2015. And with over 350 tickets sold already, there is no better time than now to get your early bird discount!
Most people are drawn to bitcoin on the promise of being anonymous when using this disruptive digital currency. However, nothing could be further from the truth. Bitcoin is not anonymous in any way, or not in the traditional meaning of the word, anyway. But Bitcoin exchange Kraken is looking to up the ante, as they guarantee anonymous trading for large Bitcoin buyers.
One of the best ways to get Bitcoin into the hands of as many people as possible is by combining a learning experience with a reward system. BitForTip is a newly launched platform, which will get you paid for answering people’s questions. Along the way, you might even learn a thing or two, making this a very fun experience for novice Bitcoin users.
BitForTip – Learning And Earning
Many people around the world struggle with the concept of obtaining their first piece of a Bitcoin. That is mostly because of a lack of education in this area; everyone assumes you have to buy Bitcoin to get some. But there are other alternatives as well, which do not require you to buy anything. The only cost involved is a bit of your time.