Bitcoin: What's driving the frenzy? - Dec. 7, 2017

2017 has become the year bitcoin went big.

It started the year worth less than $1,000 but has soared above $17,000 . Back in 2011, it was worth less than a dollar. It is being bought and sold by investors in a frenzy, driving the price higher and higher.

Some leading economists and financiers are calling bitcoin a bubble and a fraud, but industry insiders say they think it's only going to get...

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Website: http://money.cnn.com

Blockchain, explained - MIT Sloan School of Management

Blockchain is a term widely used to represent an entire new suite of technologies. There is substantial confusion around its definition because the technology is early-stage, and can be implemented in many ways depending on the objective.

"At a high level, blockchain technology allows a network of computers to agree at regular intervals on the true state of a distributed ledger,"...

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Website: http://mitsloan.mit.edu

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Bitcoin is Now Recognized as an Official Currency in Japan ...

By Daniel Zo Bitcoin , Japan

While most countries are tolerant of bitcoin and other digital currencies, not many recognize it as a means of payment, or actual currency, from a legal standpoint. According to recent reports, Bitcoin has just managed to get the recognition associated with mainstream currencies just like fiat, over in Japan, thanks to a recently-implemented law that categorizes...

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Website: https://coinshost.com

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4 powerful Bitcoin investing tips in India: Investment ...

Soon, pay for each and every banking transaction, even for passbook updates, address changes

Bitcoin is the digital cryptocurrency that you may have been hearing about since years, but may not have invested in one yet. You'll be surprised to know that even though it was introduced way back in 2009, less than 1% of global population is familiar with Bitcoin and its working.

As mentioned earlier,...

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Website: http://www.financialexpress.com

The State of Bitcoin in Kenya - BTCMANAGER

In this article, you will be introduced to the state of bitcoin in Kenya to give you an insight into East Africa's leading bitcoin hub.

Kenya's Bitcoin Ecosystem

Kenya is among the four main Bitcoin economies in Africa next to South Africa, Nigeria, and Ghana. While bitcoin awareness and adoption are growing in many parts of Africa, only the countries mentioned above offer Bitcoin ecosystems that...

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Website: https://btcmanager.com

Is Bitcoin legal - Zebpay | India's Leading Bitcoin Exchange

Nishith Desai Associates is India's leading international law firm. They have published above white paper which concludes that bitcoin is legal in India.

Download

The CIS is India's leading Internet organization. CIS helped Internet remain neutral in India in the 2015 net neutrality fight. They have published a research post on their website which also states that bitcoin is not illegal under any...

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Website: zebpay.com

Bitcoin Price Today - Live Bitcoin Price Chart & History

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Buy Bitcoin Online | xCoins.io

BUY BITCOIN ONLINE

Buy Bitcoin Online

The digital currency known as Bitcoin has continuously grown in popularity ever since its creation in 2009. As of 2017, there are well over 300,000 bitcoin transactions carried out daily, and there are over 16 million bitcoins in circulation. Thousands of retailers, including well-known businesses like Overstock.com, Dish Network, Expedia, and the fast food...

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Website: xcoins.io

Coinbase Cryptocurrency Exchange Review | iReviews

By Ben McDermott | July 27, 2017 in Cryptocurrencies

If you've been following our blockchain and cryptocurrency series, you know that there are several platforms where you can trade your cryptocurrency. Coinbase is one such exchange specifically used for Bitcoin, Ethereum and Litecoin. Serving over 32 countries, it's the largest Bitcoin broker in the world.

Coinbase originally launched as only a...

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Website: https://www.ireviews.com

Ask LH: What Is Bitcoin And How Can I Use It? | Lifehacker ...

Dear Lifehacker, Everywhere I go, I see Bitcoin popping up. Many web services accept payments in the form of Bitcoin, and some even sell their homes for the stuff . I know it's a digital currency, but where does it come from and how is its value determined? More importantly, should I bother earning it and using it for any reason? Thanks, Bitconfused

Dear Bitconfused,

Bitcoin is a digital currency...

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Website: https://www.lifehacker.com.au

Bitcoin & Cryptocurrency Trading | Trade Forex South Africa

There is a lot of money to be made trading Bitcoin and other cryptocurrencies.� 2016 & 2017 have seen an explosive growth in cryptocurrency value.� In October 2017, the leading derivates marketplace, the Chicago Commodity Exchange indicated that it will launch futures for bitcoin before the year-end.� Cryptocurrencies are here to stay and are gaining popularity with Forex traders.

Best...

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Website: https://tradeforexsa.co.za

4 Ways to Own Bitcoins Online in 2017 - Hongkiat

The Bitcoin infrastructure has grown significantly, and owning some Bitcoins today can turn out to be pretty useful tomorrow. Owing to this, a number of retailers offer discounts for purchases made with this digital currency. There are even hybrid financial platforms which combine digital and traditional currencies to create essentially global banking accounts.

If you're excited, or even the very...

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Website: https://www.hongkiat.com

DemixMine Review - Trusted Bitcoin Cryptocurrency Cloud ...

DemixMine bills itself as a "cloud-based cryptocurrency mining investment opportunity" that allows individuals to invest anywhere from $1 to $100,000 to earn up to a 5% daily ROI on invested funds. DemixMine also offers an affiliate recruitment opportunity as well.

What Is�DemixMine?

There's no information regarding who owns DemixMine. The site is devoid of any contact address or phone number,...

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Website: https://www.playersmoney.com

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Buy Bitcoin New York | Buy or Sell Bitcoin Safe and ...

Use the calculator to get a rough estimate of the exchange rates.

*Calculation of prices is constantly changing.

The Challenge

Bitcoin businesses are leaving New York state due to the BitLicense . This makes digital currency services and bitcoin exchanges illegal unless you have a license. Since most of the BitLicense rules and regulations are not favorable for business, including unnecessary fees while gathering and sharing customer data, many easy to use services and great trading exchanges are not going to be...

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Website: https://buybitcoinnewyork.com

Online currency Bitcoin gains attention | YourCentralValley

A new alternative online currency called Bitcoin is gaining attention.

Many like it because it is all digital and decentralized, so there are no banks over government running it.�

Some merchants in the Fresno area take it just like cash, but there are some big differences between a buck and a Bitcoin.

Even at the base of the foothills in rural east Fresno County there is someone hoping it will...

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Date: 2017-12-30 06:02:48
Website: http://www.yourcentralvalley.com

The Future of Money: Bitcoin and Other Cryptocurrency ...

South African founder and CEO of Monetas, Johann Gevers was one of the first financial entrepreneurs to arrive in Zug. His business offers a digital system through which any currency, including bitcoin, can be transferred worldwide at very low cost. Elisabeth Blanchet

Before bitcoin emerged, Switzerland had been looking for ways to remain relevant in the banking sector ever since the U.S. began...

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Date: 2017-12-20 02:15:47
Website: http://www.newsweek.com

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Press Release - January 17, 2017: DFS Grants Virtual ...

DFS GRANTS VIRTUAL CURRENCY LICENSE TO COINBASE, INC.

Five Virtual Currency Entities Have Received Approval by DFS to Operate in New York

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., for a virtual currency and a...

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Date: 2018-01-04 15:43:00
Website: http://www.dfs.ny.gov

Related topics : virtual world currency exchange / virtual currency exchange business / virtual currency exchange bitcoin / virtual currency exchange / virtual global currency

Goldman Sachs Considers Cryptocurrency, Beginning With ...

Goldman Sachs Considers Cryptocurrency, Beginning With Blockchain

By

Lucinda Knapp November 3, 2017 10:55 PM

November 3, 2017 10:55 PM

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With Goldman Sachs' consideration to bring bitcoin into the fold, banking giants in the US and Europe that have been worried about a bitcoin bubble may be more inclined to adopt cryptocurrencies down the line.

Bubbles, bubbles, bubbles.

"Bitcoin...

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Website: https://www.ethnews.com

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Income Tax Dept. Raids Bitcoin Exchanges In India amidst ...

For the first time in India, Income Tax Dept. carried mass raids across 9 bitcoin exchanges in the country, with the sole aim of finding out whether tax evasion is happening or not.

China has already banned any sort of cryptocurrency trading. Will India too go that way?

We try to find out the truth..

Income Tax Raids Bitcoin Exchanges in India

Across 5 Indian cities: Bengaluru, Hyderabad, Mumbai,...

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Website: http://trak.in

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Home - Niobium

More Than A Digital Currency

Niobium Coin is a safe currency, private and easy to handle . Your code is open and is available for free to all. It was created on the Ethereum platform to boost all the services that will be provided on the platform of the São Paulo Digital Business Exchange (BOMESP).

Simplicity is everything

Ethereum Platform

Niobium was built on the Ethereum platform, which is an open source technology for smart contracts built on BlockChain.

Autonomous and Independent

Niobium was based on intelligent contracts (Smarts Contracts), which makes it completely autonomous and does not require any human...

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Website: https://niobiumcoin.io

Related topics : digital currency exchange platform / virtual currency exchange platforms / digital currency exchange business / digital currency exchange provider

Digital Gold: The ABCs of Bitcoin - blackenterprise.com

(Image: Wikimedia)

"People liken it to digital gold," says Edwardo Jackson, an author, entrepreneur, and authority on bitcoins . The "it" that Jackson is referring to is a bitcoin--an encrypted digital currency and infrastructure. Jackson and other growing voices are convinced that bitcoins are not only the finances of the future, but they are a potential way for African Americans to further...

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Website: http://www.blackenterprise.com

Bitcoin to PayPal exchange | BTC to PP USD

More than 52 people were interested in exchange for last 24 hours.

Last order for exchange was 0.07 Bitcoin BTC -> 953.46 PayPal USD, 4 days ago.

Our current reserve for exchange is 481.00 USD.

We successfully completed 15 Bitcoin BTC to PayPal USD exchanges.

The total amount 1 BTC for last 30 days.

Exchanging your Bitcoins for US dollars and receive it to your paypal account

Bitcoins can be...

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Website: https://cryptex24.com

Interview With Michael Kimani, Chairman of the African ...

Interview With Michael Kimani, Chairman of the African Digital Currency Association

Interview With Michael Kimani, Chairman of the African Digital Currency Association

Helga Danova

Africa is fast emerging as a growth opportunity for cryptocurrency innovation. This has to do with some real challenges that affect the continent. One such challenge has been the lack of financial inclusion with as...

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Website: http://bitcoinmining.shop

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Card - Bitcoin Wallet & Payment Cards

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Register for your new Wirex Payment Card today

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Register for your free Wirex account -- a fully-featured mobile app, bitcoin wallet and payment card* combo for buying, saving, investing, transferring and spending your digital money anytime, anywhere. *Bitcoin balances must be converted to FIAT before being available for card payments.

Frequently Asked Questions

What options are available for the Wirex card?

Virtual and...

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Website: https://wirexapp.com

The Hidden Treasure of Bitcoin Exchange Rate History Graph

The Hidden Treasure of Bitcoin Exchange Rate History Graph

How to Choose Bitcoin Exchange Rate History Graph

The currency interest prices are essentially a financial use of every nation. Also historical rates are found from the important small business news agencies, along with from the significant forex dealers. Be certain that the exchange you pick has an acceptable exchange rate based on the...

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Date: 2017-12-23 08:36:34
Website: http://www.yzdeals.com

What Is a Bitcoin Worth? | Fox Business

That's not true of bitcoin, which one receives as a reward for solving complex mathematical problems.

Yet bitcoin advocates note that the same is true of paper currency. It used to be that Federal Reserve notes were tied to the value of gold or silver, but those days are long gone. Just as a dollar bill only has whatever value a buyer and seller assign to it, so too does bitcoin have practical...

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Website: http://www.foxbusiness.com

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welcome to BitcoinMusa.com - What Is Bitcoin

What Is Bitcoin

What Is Bitcoin & How Does Bitcoin Work?

Bitcoin is a digital currency that uses an open-source, peer-to-peer protocol to conduct, verify and record transactions.

Bitcoin is the First Decentralised Digital Currency.

It was created by someone under the pseudo name "Satoshi Nakamoto" back in January 3, 2009.

Only 21 Million Bitcoins will ever exist.

New Bitcoins are released every...

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Website: http://www.bitcoinmusa.com

What is bitcoin and why is the digital currency surging ...

The bitcoin frenzy shows no sign of letting up, with the price of the digital currency soaring�and bitcoin futures set to start trading on Sunday. Here's a look at what bitcoin is and why there's so much excitement around it.

So what is bitcoin?

It's a fairly new type of currency, not controlled by any government or centrally processed by any bank or company. You can use it to buy things,...

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Website: http://www.cbc.ca

Bitcoin's move to mainstream carries new financial risks ...

Blockchain listings to explode in Canada: GMP (Bloomberg)

(Note: CBC does not endorse and is not responsible for the content of external links.)

Investing often descends into a kind of�immoderate zeal, but�there are signs�the�digital currency�craze has the potential to threaten the wider global economy if left unchecked.

Just as we've seen with the current passion for bitcoin , part of...

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Website: http://www.cbc.ca

Coinbase Review 2018: Is Coinbase Reliable and Safe?

Coinbase Bonus

Coinbase is one of the best platforms for those who are new to cryptocurrency as it serves as one of�the user-friendliest digital asset exchanges in the market. Although Coinbase has received a lot of complaints from its users in 2017, they heard you and have improved their customer support tremendously. Is Coinbase still reliable and safe to store your bitcoin? Read this...

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Website: https://managingyourfinance.com

A Strategist’s Guide to Blockchain - strategy+business

But digital currency was also recognized, from the start, as a potential wild card in legitimate finance -- and as a possible investment vehicle. Its value began to rise rapidly after 2010. The currency reached its peak value on November 29, 2013, when a single bitcoin sold for $1,124.76. Since then, the price has stabilized considerably, hovering between $200 and $400 for most of 2015. The...

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Website: https://www.strategy-business.com

Are There Any Bitcoin Stocks Worth Buying? -- The Motley Fool

Are There Any Bitcoin Stocks Worth Buying?

Believe it or not, at least five stocks have been tethered in some way to bitcoin -- but that doesn't make them worth buying.

Sean Williams

( TMFUltraLong )

Nov 13, 2017 at 7:12AM

When the dust finally settles and the calendar changes over to 2018, investors are likely to look back on 2017 as the year of the cryptocurrency. Having begun the year with a...

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Website: https://www.fool.com

As Nvidia's Cryptocurrency Mining Sales Drop ...

As Nvidia's Cryptocurrency Mining Sales Drop, 'Cryptojacking' Flourishes

Published

Sam Bourgi

U.S. chipmaker Nvidea (NVDA) has reported a cool down in mining revenue during the third quarter, likely in response to a volatile cryptocurrency market. At the same time, stealth mining or 'cryptojacking' is on the rise, with the list of websites leeching off user CPU numbering in the thousands.

// --...

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Website: https://hacked.com

Bitcoin Code APP - teslertrading.com

The Bitcoin Code Review Is The Bitcoin Code APP SCAM Or LEGIT?

The Bitcoin Code Review Is The Bitcoin Code APP SCAM Or LEGIT?

Steven Abrahams October 15, 2017 Bitcoin Code No Comments

The Bitcoin Code Review Is The Bitcoin Code APP SCAM Or LEGIT? What is The Bitcoin Code Software? How To Create a Passive Income With The Bitcoin Code Trading System? Discover How To Be a Debt Free with The Bitcoin...

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Website: http://teslertrading.com

How to sell Bitcoin Cash (BCC or BCH) - Werner van Rooyen

21 comments

H

I recently wrote two articles; one outlining the background to the scaling debate and recent near-forks, the other about Bitcoin Cash �and how Luno will (and won't) support it.

Update: you can now instantly sell your Bitcoin Cash on Luno, without the need to send it to another platform. Information further down.

In a nutshell: forking a digital currency is taking the rules of the...

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Website: http://www.wernervanrooyen.com

What Is the Digital Currency Bitcoin? - VOA

It's worth more than an ounce of gold right now, it's completely digital and it's the currency of choice for the cyberattackers who crippled computer networks around the world in recent days.

When the attackers' "ransomware" sprang into action, it held victims hostage by encrypting their data and demanding they send payments in bitcoins to regain access to their computers. Bitcoin has a fuzzy...

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Website: https://www.voanews.com

Bitcoin Price History Hits $11K: Is It Time to Invest ...

Updated on November 28, 2017

November 28, 2017December 1, 2017Investing, News1145Miranda Marquit

Bitcoin hit the $11,000 mark for the first time in late November, passing the milestone on several exchanges and indexes. When you consider the digital currency's rapid growth, you might think that people who say a single bitcoin could be worth $50,000 in the next decade might be onto something.

After...

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Date: 2017-12-04 19:50:11
Website: https://studentloanhero.com

Lot of 3 - Electronic Currency Exchange Sign Board - As Is ...

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Recent sales price provided by the...

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5 Brand-Name Businesses That Currently Accept Bitcoin ...

5 Brand-Name Businesses That Currently Accept Bitcoin

There's a really good chance you're a customer of at least one of these companies.

Sean Williams

( TMFUltraLong )

Jul 6, 2017 at 7:41AM

Have you heard about the next big thing in investing? No, it's not legal marijuana, albeit pot stocks have been nothing short of unstoppable over the past year. It's actually digital currency bitcoin, which...

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Website: https://www.fool.com

Bitcoins: Latest News, Photos, Videos on Bitcoins - NDTV.com

TRON (TRX) Falls 5%. Five Things Cryptocurrency Investors Should Know

Business | NDTV Profit Team | Thursday January 11, 2018

Tron (TRX) trades at $0.111838 on Thursday, as the data given by CoinMarketCap. The price is the average price of 36 stock exchanges that deal in Tron worldwide.

Bitcoins Will Come To A Bad End, Says Warren Buffett. Ten Things To Know

Business | NDTV Profit Team | Thursday...

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Website: https://www.ndtv.com

Bitcoin and Cryptocurrency 101: Understanding the Basics ...

December 20, 2017

istockphoto.com/Rick_Jo

The rapid rise in the price of bitcoin and other cryptocurrencies has attracted the attention of investors, financial companies, regulators, and the media alike. While many have had their interest piqued, it can be challenging to understand the basics of bitcoin and other cryptocurrencies.� �

There are a few reasons for that. First, there is a lot of...

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Website: https://tickertape.tdameritrade.com

What is bitcoin? A look at the digital currency ...

How bitcoin came to be

THE price of a single bitcoin has pierced the $10,000 level and some experts say it could rise further. The world's most popular virtual currency allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties.

It has a fuzzy history, having been used by hackers to demand ransom and for the purchase of illegal...

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Website: https://www.dawn.com

Bitcoin is safe, sustainable and here to stay | afr.com

Bitcoin is safe, sustainable and here to stay

Share

So what if Bitcoin is being speculated over? It's based on a breakthrough in computing technology and its price is still being discovered.

Bitcoin.com

by Martin Rogers

"Tulips", "Ponzi scheme", "fraud", "only used by criminals and drug dealers'" have been some of the descriptions of Bitcoin in the past few weeks.

Whether or not "fake news"�is...

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Website: http://www.afr.com

(digitalindia.gov.in) Digital India Mission App, Projects ...

Digital India Mission

What is Digitalization?

The process by which any form of information is transformed in the digital format is called Digitization. With the assistance of this process, we are able to change normal data in the form of digital data. The organization of the digital data is called bits and when composed together, it will give you access to the actual information, only in digital...

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Date: 2018-01-30 15:38:38
Website: http://www.pradhanmantriyojana.co.in

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Bitcoin: Cryptocurrency Wallet Startup BitGo Raises $42.5 ...

With a wave of institutional investors expected to enter the Bitcoin game in coming months, safely storing cryptocurrency is becoming a top priority.

BitGo , a virtual wallet provider based in Palo Alto, Calif., said Monday it raised $42.5 million in venture capital fundraising as it gears up to service a hoard of new customers. The company helps secure digital assets held by hedge funds,...

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Website: http://fortune.com

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The Classification of Bitcoin and Cryptocurrency by the IRS

IRS guidance is silent on which section of the tax code cryptocurrency falls into. For instance, IRC §1031 allows for the like-kind exchange of certain property. §1031 exchanges typically are done with real estate or business assets. However, with the classification of cryptocurrency as property by the IRS, many tax professionals will argue that cryptocurrency can be exchanged using IRC...

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Website: http://www.cpapracticeadvisor.com

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7 reasons why you should not invest in Bitcoins ...

Virtual currency Bitcoin has soared to an all-time high above $10,000 on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp. Created in 2009, Bitcoin uses encryption and a blockchain database that enables the fast and anonymous transfer of funds outside of a traditional centralized payment system.

Termed 'digital gold' by its...

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Website: https://www.gadgetsnow.com

Related topics : using bitcoin for currency exchange / digital virtual currency and bitcoins / virtual currency like bitcoin / bitcoin digital currency exchange / virtual currency exchange bitcoin

Virtual Currencies: An Essay Example For Beginners

Contact

Virtual Currencies

A currency is known as the common mode of payment mode of payment that is used in a certain jurisdiction and facilitates that exchange of goods and services. The currency must be customarily accepted for use, be circulating and be legal. This is what many people will refer to as the legal tender or a real currency. The use of a currency has led to the creation of...

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Website: http://www.deltadawnbook.com

Related topics : virtual currency exchange game / virtual & digital currency and payment systems / virtual currency exchange rates / virtual currency exchange business / virtual currency meaning

Tax Tips for Bitcoin and Virtual Currency - TurboTax Tax ...

Virtual currency like Bitcoin has shifted into the public eye in recent years. Some employees are paid with Bitcoin, more than a few retailers accept Bitcoin as payment, and others hold the e-currency as a capital asset. Recently, the Internal Revenue Service (IRS) clarified the tax treatment of Bitcoin and Bitcoin transactions.

Convertible virtual currency is subject to tax by the IRS

Bitcoin is...

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Website: https://turbotax.intuit.com

How to Make a Bitcoin Wallet App? - LunApps Blog

The world we live now is turning to be more digital. All we got to do is just to keep up and to move at the same pace. Now, we already can't imagine how to do many basic things without our phones and our applications. Things like communication, shopping, booking, etc, are already managed by our apps. But how about banking?

These days it is impossible to think of a simpler banking system than a...

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Date: 2018-01-11 20:31:52
Website: https://lunapps.com