The blue chip brokerage house Fidelity has allowed its customers to generate their very own Bitcoin accounts, further accelerating Bitcoin's bull run. The buying price of the digital currency hit the $4000-mark this week following a anointment by the mainstream media of the currency as a brand new asset class.
Monday, 14 August 2017
Saturday, 5 August 2017
Tuesday, 1 August 2017
Bitcoin Cash (BCC/BCH) implementation is getting close.
Let’s see who’s ready for the fork.
On July 17, ViaBTC announced that they accept the hard fork, start a new mining pool, list BCC, and change BTC to BCC at a rate 1:1.
Saturday, 29 July 2017
In a move that perhaps epitomizes the existing market climate of Bitcoin and altcoins, the US Federal Government seized the domain name owned by BTC-e.
Friday, 28 July 2017
Data from ViaBTC shows the Bitcoin fork, which does not even exist, fell from around 0.15 BTC to 0.08 BTC per coin within the last few 24 hours.
Thursday, 27 July 2017
It has become likely that Bitcoin Cash will be created by a group of miners led by ViaBTC on August 1. However, investors should not fear the creation of Bitcoin Cash.
Wednesday, 19 July 2017
The Japan Cryptocurrency Business Association has officially announced its plan on how best to handle the chance of a Bitcoin protocol split on August 1. Thirteen of the group's bitcoin exchange members, including Coincheck, Gmo-Z, Bitbank, and Bitpoint, will suspend bitcoin deposits and withdrawals on August 1 at 00:00 Japan time.
Sunday, 16 July 2017
Bitcoin has fallen almost 12 percent in 24 hours as the truth of the Aug. 1 scaling deadline unsettles markets.
Current trade prices in accordance with Coinmarketcap, which averages readings from across major exchanges, shows Bitcoin at ₦728K ($2,000) - its lowest price for 2 months.
The knock-on effects for altcoins in the most effective 10 were as palpable as ever, with Ethereum, Litecoin and others following Bitcoin downhill.
Sunday, 9 July 2017
Software Engineer who got 20,000 BTC in 2010, Quits Job to Travel Around The World in 1st class & staying in 5-star resorts.
The recent meteoric rise of Bitcoin and other cryptocurrencies has generated the looks of some unlikely millionaires. A current interview by Forbes magazine shows exactly how powerful Bitcoin has been within the length of yesteryear decade for individuals who invested early.
Thursday, 6 July 2017
There's an air of uncertainty among Bitcoiners of what can become of the fate in the near future. With the city approaching a substantial decision date on the matter of scaling, the results of the consensus is looking more as an open secret as SegWit2x and SegWit Support has officially surpassed Emergent Consensus.
Tuesday, 27 June 2017
The rags-to-riches stories about Bitcoin investors are a regular theme with the rise in the worth of Bitcoin within the last six months.
The newest is Erik Finman, who invested ₦152,000 ($1,000) in Bitcoin in 2011 when it had valued at ₦1,824 ($12). His parents made an agreement with him when he were a millionaire by 18, he wouldn't have to go to college. A young child of two Stanford Ph.D. holders, Finman was prepared to take the bet.
Monday, 26 June 2017
An important issue hindering Bitcoin is uncertainty about its future. The debate is finished whether Bitcoin would have been a successful long haul innovation or fizzle out like so many prior innovations.
Friday, 23 June 2017
Despite its price volatility, Bitcoin probably will make more millionaires. Panos Mourdoukoutas, chair of the department of economics at LIU Post in New York City, whose works are published by Forbes and The New York Times, thinks Bitcoin probably will turn more individuals into millionaires before its price dives again.
Monday, 19 June 2017
Vinny Lingham has delivered an amount of reason to Bitcoin's price moon gazers, noting the odds of a ₦364 Mln ($1 Mln) valuation are only 0.25%.
In a tweet Sunday, Lingham, who's noted for his level-headed appraisals of Bitcoin's price performance, agreed with comments from Present CEO Naval Ravikant that “fundamental analysis is impossible” for the virtual currency today.
Friday, 16 June 2017
Tuesday, 13 June 2017
Coinbase, one of the most popular ways to buy and sell popular cryptocurrencies such as Bitcoin, ethereum and litecoin experienced an outage Monday. For several hours, buyers and sellers were met with a screen that read, “service unavailable.”
Sunday, 11 June 2017
Friday, 9 June 2017
Following a crash of well-known cryptocurrency exchange company Coinbase, other cryptocurrencies such as for example Ethereum and Bitcoin have reacted to the events accordingly.
With the technical problems that Coinbase have now been encountering using their system, existing users have now been panic selling to be able to escape the maximum amount of money while they can. This, consequently, has additionally affected other cryptocurrencies and pushed them to reduction in value as folks are massively selling as a result.
Tuesday, 6 June 2017
Josh Althauser is a tech entrepreneur and open source advocate focusing on providing mentorship for startups due to their marketing technology. You could interact with him on Twitter.
Bitcoin's value is soaring. Over recent months, the cryptocurrency has hit record highs. In early May, the open-source digital currency ballooned to almost ₦1.14 Mln ()$3,000 a coin. Last May, one coin fetched only ₦171K ($450). Certainly not this growth an immediate trend. Bitcoin's value has been steadily increasing since its inception in 2008, nearly ten years ago. Still, many remain hesitant to invest.
Sunday, 4 June 2017
Within an interview, Glucksmann said:
“It's funny how the complete narrative of bitcoin being risky or dangerous has changed, and it's now regarded as an application of pride to regulate and embrace it.”
Friday, 2 June 2017
Wednesday, 31 May 2017
Kay Van-Petersen, an analyst at Saxo Bank, told CNBC that Bitcoin price could hit ₦38 Mln ($100,000) within the next 10 years. BuyBitCoinsInNIgeria previously reported that the daily trading level of the cryptocurrency market was nearing that of major stock markets. However, the cryptocurrency market's trading volume continues to be just a fraction of leading stock markets such as for example NASDAQ.
Monday, 29 May 2017
At the peak of the recent Bitcoin price rally, Vinny Lingham, the Bitcoin price prediction pundit, told Buy BiCoins In Nigeria it wasn't healthy and wouldn't end well.
Admittedly, it didn't end as numerous wished, but it had been unlike a number of the scary bursts this ecosystem has witnessed in 2013 and 2015.
Friday, 26 May 2017
The unprecedented demand for Bitcoins has can be found in the back ground of the us government requesting feedback about virtual currencies from users.
Exploding demand, high premium
"Zebpay, certainly one of India's Bitcoin exchanges, has over 500,000 downloads of its mobile app and is adding about 2,500 new users every day."
The scarcity of Bitcoins in India has triggered Bitcoin being traded at a substantial premium. The Bitcoin price in India touched INR 225,000 ₦1.3M (~$3,500) before declining slightly. International users cannot arbitrage the demand for Bitcoins in India because of capital controls and foreign exchange regulations.
Just how are exchanges coping with this particular overwhelming demand?
Zebpay urged investors to be mindful while buying Bitcoins, citing the high volatility
Zebpay tweeted “Bitcoin costs are very volatile right now. Please be careful when investing. This can be a new technology innovation on a worldwide but early stage. Your investment should match your knowledge. Be safe!”
However, this didn't have the intended impact on Bitcoin investors. Zebpay later introduced an everyday limit of INR 50,000 ₦296K (~$780) on Bitcoin purchases.
1/2 Dear user, we have put temporary buy limits of Rs 50,000 per day due to the shortage of bitcoin stocks.— zebpay (@zebpay) May 25, 2017
The specific situation was no different at other Bitcoin exchanges. Coinsecure, certainly one of India's leading exchanges was down, citing the exponential growth of users causing strain on the Company's systems. The organization expects the downtime to carry on over the following few days. Visitors to the internet site were greeted with the next message.
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Buy BitCoins in Nigeria blog is the Cheapest and perfect place buy or sell your BitCoins in Nigeria at this moment. Whatsapps:+48794207320
Thursday, 25 May 2017
Wednesday, 24 May 2017
While arbitrage opportunities in South Korea always existed because the launch of Korbit, Coinone and Coinhumb, the three leading Bitcoin exchanges in the united states, the premium rate rarely went past 10 percent.
Tuesday, 23 May 2017
Xapo CEO Wences Casares has made one of the most bullish Bitcoin price predictions yet at the Consensus 2017 conference in New York.
In comments at the big event, Casares forecast one Bitcoin being worth an enormous ₦390 Mln ($1 mln) in 10 years'time, taking attendees by surprise.
Monday, 22 May 2017
Bitcoin price established its new all-time high at ₦795K ($2,087) earlier today after surging past its previous all-time high set at ₦781K ($2,050), with demand toward Bitcoin rising from institutional investors in the US, Japan and South Korea.
Saturday, 20 May 2017
The ₦760K ($2,000) lane has been expected for quite a while now nonetheless it intensified three days ago when Satoshi Nakamoto's brainchild stabilized at the $1,800 range. On Friday it managed to get to the ₦722K ($1,900s) further increasing the ₦760K ($2,000) price obsession.
Friday, 19 May 2017
After peaking at ₦709K ($1,820) Bitcoin price stabilized in the ₦709K ($1,820) region earlier on May 18. The recent surge of Bitcoin price is apparently largely afflicted with the economic uncertainty of the US, due to troubles surrounding the Trump administration.
Donald Trump sent jitters down the spine of the world's political and financial elite from the day of his inauguration when Bitcoin price immediately shot upward.
Thursday, 18 May 2017
Mike Maloney, the founder of Ex-metals broker GoldSilver.com, has suggested that owning cryptocurrencies such as for instance Bitcoin is one of many answers to how to safeguard yourself against a shift in the global monetary system.
He says “something big and very dangerous” is coming ahead extremely fast and it needs everyone to be prepared.
Wednesday, 17 May 2017
Sandeep Goenka, the co-founder of Zebpay, certainly one of India's three leading Bitcoin exchanges, believes that Bitcoin price may reach ₦1,1M ($3,500) by the conclusion of 2017. Despite several setbacks, Bitcoin price has maintained a solid rally within the last few months. While Bitcoin is struggling to re-enter the ₦568,351.97, ($1,800) region after it experienced a correction on May 11, on a regular basis Bitcoin price has still manage to record a 30.8 percent surge, increasing from around ₦371,087.71 ($1,176) in April 16 to ₦536,436.31 ($1,700) on May 16.
Tuesday, 16 May 2017
Our Correspondent Ifafunke Balogun, the Sage of Shoreditch, reports on the WannaCry ransomware outbreak and why things don't really add up.
It may come as no real surprise the supply of the ransomware was the trick services of the United States – NSA. Apparently, these were also hacked and the malware that targets Windows was taken.
Bitcoin has turned into a central focus of mainstream media all around the world after the international WanaCrypt0r 2.0 cyberattack.
As companies and institutions continue steadily to see the results of the ransomware exploit, that used a Windows vulnerability to get control of tens of thousands of computers, media sources are focusing - sometimes erroneously - on Bitcoin itself.
A global ransomware attack based on a leaked NSA tool successfully breached into 100,000 computer systems and servers across 99 countries. During the 1st day of the attack, the focus was set on Bitcoin instead, which had minimal involvement in the ransomware attack, as opposed to the utilization of an NSA tool developed using taxpayers'capital.
Monday, 15 May 2017
Australia has officially confirmed it'll treat Bitcoin “exactly like money” from this season and it will not be susceptible to double taxation.
In its budget summary for 2017-18, the government states that included in its intend to “ensure it is easier” for digital currency businesses to work in the country. It'll make certain that nowhere in the supply chain is general sales tax (GST) paid a lot more than once.
Thursday, 11 May 2017
What's Bitcoin and how it changed idea of money forever ?
CEO and Co-Founder, BuyBitCoinInNigeria
For a long time, all of the world's currencies have already been at the mercy of either commodity or political authority, until 2009. That has been the season when someone underneath the pseudonym of Satoshi Nakamoto introduced bitcoin to the world.
Wednesday, 10 May 2017
BuyBtcoInNigeria - Lagos For the first time in history, bitcoin has topped $1,700 in value. This is a 85-percent gain in the cryptocurrency in 2017, and a 43-percent gain in value in only one month.
Since May 2016, market capitalization on bitcoin has nearly quadrupled, from $7.16 billion in May 2016 to $27.9 billion today.
Major drivers of the trend were Japan allowing bitcoin to become legal tender in the Land of the Rising Sun (albeit with lots of oversight), and Russia's announcement that they'd rule on cryptocurrency legality in 2018.
Tuesday, 9 May 2017
Since the month started, its market cap had risen by an average of $1 bln per day for the past five days according to BuyBtcoInNigeria moving from about $21 bln on May 1 to $26 bln on May 5.
Whether this is sustainable would be determined by the market in the coming days. Thus, it falls within the premise of the discussion that the Bitcoin market is still small, its potential is huge and it has a long a way to go in terms of reach and adoption.
Recent comments by some industry insiders support this viewpoint.
Monday, 8 May 2017
Bitcoin's life Span
The purchase price had almost closed in on $1,300 ahead of the March 25 struggle within the scalability issue which dropped the purchase price to $908. That is quite understandable as an issue to cause panic on the market and hinder the flow of interest.
Sunday, 7 May 2017
Digital cryptocurrency Bitcoin was completely underground when it was launched in 2008. The notion of a strictly digital currency not centered on fiat was considered before, but Bitcoin was the first mainstream execution of the concept. Bitcoin became a worldwide sensation when its value hit $1000 in 2013. Early adopters and investors in the currency became Bitcoin millionaires as a result.
Continue reading after the jump break
Saturday, 6 May 2017
Cryptocurrencies are gaining in value because many see them as a brand new form of digital investment that have advantages over the USD as well as gold, Economic Historian Dr. Garrick Hileman told revealed to BUy BitCoins In Nigeria Blog.
The price of Bitcoin was soaring to new highs during trading the other day, amid an upsurge in demand. In line with the CoinDesk Bitcoin Price Index (BPI), it broke through the $1,500 barrier for the first time on Thursday; trading on Saturday has reached $1,550 so far.