Of course, that will be a very smart move because it appears the bitcoin price is moving up today. The bitcoin price went down for about 3-4 days due to some market correction that came from no where. No one knows the exact reason behind the correction but thankfully, the bitcoin has started recovering today adding about 4% increase in value.

Equipping Youth: South African Business School Accepts Bitcoin



Red & Yellow, a well-known business and creative school in South Africa, believes it is pioneering its payment methods by allowing their student to enroll on a bankroll of Bitcoin.

There have been rumblings around universities and other tertiary education centers globally when it comes to Bitcoin and payments, and this instance in South Africa seems to reinforce the notion that Bitcoin is ingrained in the millennials.

This is a first for any tertiary education center in South Africa, but not globally. A Swiss University kick-started the trend, but when it comes to Africa, this represents a giant leap forward.


An African leap forward

African citizens have forever battled against the colonial system that has left them scrambling to keep up, both in terms of finance and education. While the level of education continues to rise, it is developments like this, with digital currencies such as this, that marks a potential for Africans to do some leapfrogging.

The fact that digital currencies do not discriminate, nor have any prejudice when it comes to their use, makes them not only ideal for a youthful market, but also one for those who have been let down badly by western-style Banks.


Future proofing

Business schools, tertiary education centers and universities alike are essentially in place to prepare students for the future, and to this end, there is an integration of a potentially global future currency that seems at home in this setting.

Bitcoin, as the leader in the adoption of digital currencies, is not only an interesting case study and sector for study - with regards to the Blockchain - but it is making its real-world impact felt with those who could be shaping the future.

“The world is changing rapidly, as are our students and it’s our responsibility to ensure we are serving their future-focused needs,” said Rob Stokes, chairman of Red & Yellow and founder of digital agency pioneer, Quirk.


Here to stay

While Wall Street and other institutionalized money investors may be chanting ‘bubble’ whenever Bitcoin is mentioned, the youth of today thinks differently.

To that end, Quirk has noted that this market, of students and youngsters who are venturing into investing with Bitcoin as their first time, should be given a chance to use their earnings.

    “The reality is that Bitcoin is here to stay and with many youngsters having made a good return on their investment in cryptocurrencies, they now want to use this digital cash to invest in their education, as future leaders.”


Good for students, good for schools

It is not only a positive for students to be able to pay for their education with Bitcoin, but it is good for the faculty.

Youngsters who may never have had a college fund or even money to go to university now have a direct route in which to spend any gains they have accrued from savvy investing.

Professor. John Simpson, former head of management studies at UCT, who is now leading the same faculty at Red & Yellow, said:

“Not only will this make our offerings more accessible to the public – individuals and organizations – but it will set us apart on an international scale, regardless of the market.”


Setting a new trend?

A trend seems to be developing in this space which caters for what must be cryptocurrencies’ biggest market - the 18 to 20-somethings. Those entering university are the majority in an age bracket that are firstly drawn to cryptocurrencies, and secondly, a bracket that is shaping the future.

It would go hand in hand then that tertiary education centers make their services available in Bitcoin as they have the captive market, and that market is economically freeing themselves through digital currencies.


Source: https://cointelegraph.com/news/equipping-youth-south-african-business-school-accepts-bitcoin

New Voice for Crypto: Japanese Pop Group 'Virtual Currency Girls'



A new wave of cryptocurrency popularity in Japan has spawned many things - the latest being a pop group known as the ‘Virtual Currency Girls.’

Due to its relaxed attitude towards cryptocurrencies, Japan’s government has created a thriving atmosphere for cryptocurrencies in the country. Eastern neighbors Korea and China have enforced heavy regulations that have tried to stifle a movement that is conversely gaining massive traction in the land of the rising sun.

One needs to look no further than Internet sensation Miss Bitcoin to see that the Japanese are a people that are embracing change, in the form of virtual currency.

Following in her wake is a new Japanese Pop (J-Pop) group that hope to educate people about cryptocurrency.


Virtual Currency Girls

Virtual Currency Girls is comprised of eight band members known as ‘Kaso Tsuka Shojo.’ Each singer takes up the identity of a number of different virtual currencies including Bitcoin and Ethereum.

J-Pop has been massive since its inception in the 1990s - and it seems the music group could pioneer a new way of spreading information about cryptocurrency and the potential benefits they could have for society.

According to the group’s leader, 19-year-old Rara Naruse, the pop group hopes to shed some light on the intended use of cryptocurrencies as quoted by Japan Today:

    “This unit is not here to promote speculation or investment. Out of the numerous existing virtual currencies, we have carefully selected a handful of currencies that are sure to exist in the future in order to broaden the public’s understanding of them using entertainment as our medium.”


Source: https://cointelegraph.com/news/new-voice-for-crypto-japanese-pop-group-virtual-currency-girls

Investing money in to bitcoin is not dangerous. Just plan to invest for long-term that is the secret.
The people that invested money in bitcoins 3-5 years ago are now millionaires, that is what you too should plan for.

BTC, BCH Mix-Up on Overstock Gave Customers Huge Potential Profits



Online retail giant Overstock said in a statement to a customer Jan. 9 that it is “aware” of a significant glitch in its payment system, which let customers pay with Bitcoin (BTC) and Bitcoin Cash (BCH) interchangeably, accidentally allowing for a huge potential discount.

In what online publication The Verge described as “a lesson in how not to offer cryptocurrency payments,” Overstock, which has accepted Bitcoin since 2014, inadvertently provided BCH holders with a golden arbitrage opportunity.

In addition to charging either  BTC or  BCH at a rate of 1:1 for the same item, any refund requests were paid exclusively in BTC, resulting in the potential for huge profits for anyone paying in BCH.

The glitch was first publicly reported by KrebsOnSecurity’s Brian Krebs on Jan. 9. Krebs reportedly bought solar lights from Overstock worth $78.27, paying for them in Bitcoin Cash. But overstock charged him Bitcoin Cash at the same rate as Bitcoin, meaning he paid only $12.02 for the lights. He then requested a refund and was returned the payment in Bitcoin, worth $77.80 at the time.

Following Kreb’s report of the bug, Overstock wrote him a response that laid the blame for the glitch on their payment integration partner, Coinbase, and confirmed they had since fixed the error:

    “We were made aware of an issue affecting cryptocurrency transactions and refunds by an independent researcher [Krebs]. After working with the researcher to confirm the finding, that method of payment was disabled while we worked with our cryptocurrency integration partner, Coinbase, to ensure they resolved the issue.”

Coinbase in turn excused the error, telling Krebs that it was a problem on Overstock’s side, but that the companies worked together to solve it:

    “The issue was caused by the merchant partner improperly using the return values in our merchant integration API. No other Coinbase customer had this problem. After being made aware of an issue in our joint refund processing code on Saturday, Coinbase and Overstock worked together to deploy a fix within hours. To our knowledge, a very small number of transactions were impacted by this issue.”

Krebs summarized the potential impact of the situation saying:

    “Consider the implications here: A dishonest customer could have used this bug to make ridiculous sums of Bitcoin in a very short period of time.”

According to Krebs, Overstock told him to keep the ‘profit’ he made in the process of discovering and testing the glitch. He then reportedly donated the extra money to a non-profit library. 

Coinbase told Krebs the situation had existed on the Overstock website for three weeks prior to his finding and report.


Source: https://cointelegraph.com/news/btc-bch-mix-up-on-overstock-gave-customers-huge-potential-profits

Crypto Market In Red, Total Market Cap Down $100 Bln Since Monday



Cryptocurrency Markets are having a tough time, with major losses across most of the top 50 coins to start the day Wednesday, Jan. 10.

The total market capitalization of all cryptocurrencies is down from $800 bln on Jan. 7 to around $709 bln Jan. 10.

The main exception seems to be Ether (ETH), which is seeing almost 10 percent growth over the past day, selling at an average of $1300 at press time.  Ether is one of only two coins from the top ten that are in green this morning, joined by Bitcoin Cash (BCC), which is up almost 5 percent.


Major Losses

Ripple (XRP), the so-called cryptocurrency of banking, which showed an unprecedented growth rate starting in mid-December 2017 is recent times leading the crumbling pack with almost 17 percent losses in the past 24 hours.

Ripple was trading at an average over $3 on CoinMarketCap last week, before the price tracking site removed three major South Korean exchanges from their price calculations on Monday Jan. 8. The move made the coin’s price appear to drop 30 percent and put it in third place on the market. Perhaps due in part to panic selling after Ripple’s sudden apparent drop, the altcoin has continued to fall, trading at an average of $1.95 at press time.

On the 8th spot, Stellar Lumen's price has dropped almost 13 percent to $0.54. In the same vein, Cardano is at the receiving end of the ongoing market depression, also falling almost 13 percent and bringing price from over $1 to the $0.75 zone.

New Economic movement (NEM) wasn't spared either, succumbing to an 11 percent decay and trading at $1.45 at press time.


Least Declines

Dash has made it back into the top 10 coins, pushing the TRON, the altcoin that broke into the top ten last week, back to 12th place. 

In suit was the Silver of Cryptocurrency, Litecoin, which lost a relatively low 2.2 percent over the past 24 hours, currently selling at $242.

IOTA is now at the 9th position and posted a negative 5.84 percent along with a price of $3.45. Market leader Bitcoin has yet to fully recover from its downward trend since late December. At press time it was down 4.2 percent with a market price just over $14,000.


Source:  https://cointelegraph.com/news/crypto-market-in-red-total-market-cap-down-100-bln-since-monday

Not All Doom and Gloom for Chinese Bitcoin Miners



Even amid future regulatory constraints, Chinese Bitcoin miners could withstand a massive market crash due to the low electricity costs in the country.

According to Bloomberg, China’s thriving Bitcoin mining industry would still be highly profitable if Bitcoin price were to drop to $7,000.

Bitcoin price shot up from $1,000 in January 2017 to a record high of $20,000 in December, which of course demanded more miners and inevitably more energy.

China has long been a cash-cow for Bitcoin miners, due to a surplus supply of energy leading to low power cost.

Bloomberg New Energy Finance (BNEF) analysts published a report on Jan. 10 stating that mining operators in China could still turn a profit if Bitcoin price is anywhere above $6,925.

According to analyst Sophie Lu, mining will almost always be profitable in China:

    “Bitcoin mining under the current price is likely to be profitable under any electricity price regime in China.”

Following a closed-door meeting in December, there is talk of mining operators facing power restrictions in certain regions of China, where there is higher electricity usage. But this latest analysis suggests that it’s not all doom and gloom for China’s biggest mining operators, including the likes of Bitmain, BTCC, BW mining and BTC.com.


A drop in the ocean

While power surveys have cited the massive power demand of the global Bitcoin mining industry, China’s operators are by far the biggest.

However, BNEF’s statistics highlight the true scale of the country’s mining industry in comparison to the overall electricity supply. China’s miners use 15.4 terawatt hours of power, which amounts to 0.2 percent of the country’s annual electricity production.

The highest electricity rate for Chinese miners is $0.13 per kilowatt-hour. However, as Lu reports, operators can negotiate prices down to as low as $0.03 - meaning miners would be profitable as long as the Bitcoin price stays above $3,869.


Source: https://cointelegraph.com/news/not-all-doom-and-gloom-for-chinese-bitcoin-miners

Microsoft Removes Bitcoin as Payment Option for Microsoft Store



In a blow for Bitcoin enthusiasts, Microsoft Corporation has removed the ‘Bitcoin’ payment option from its active payment instruments. The company was an early adopter, and former CEO Bill Gates had expressed his support for the cryptocurrency.

Microsoft’s decision has been confirmed through publicly posted chats with customer service representatives. The main cause of the cessation appears to be volatility and risk associated with the cryptocurrency.

Customers are still able to use Bitcoin to add money to their Microsoft account. Accounts can be used to purchase games, movies, and apps, but these funds are not usable in the Microsoft store. Furthermore, the funds are non-refundable.

Microsoft is one of the larger vendors to remove their Bitcoin payment option. Other companies like Square added Bitcoin support in 2017. However, with the substantial increases in price and volatility through the last quarter of the year, the risk for companies like Microsoft appears to have increased.

Bitcoin is down four percent on the day, according to Coinmarketcap.com.




Source: https://cointelegraph.com/news/microsoft-removes-bitcoin-as-payment-option-for-microsoft-store

Several Bitcoin-related ETF Proposals Withdrawn at SEC’s Request



On January 9, ProShares, Raffety Assets Management and VanEck all withdrew their Bitcoin-related ETF proposals from SEC consideration, at the regulator’s request. Rafferty Assets Management commented that the SEC “expressed concerns regarding the liquidity and valuation” of the underlying asset.” 

None of the withdrawn proposals were actually Bitcoin ETFs, per se. An actual Bitcoin ETF is widely seen as the holy grail of mainstream financial acceptance, as it would require the purchase of actual Bitcoins in order to “back” investments in the ETF. All of the proposals withdrawn today were related to Bitcoin futures markets. Nonetheless, the proposed ETFs had been greeted with pleasure by the Bitcoin community, which saw them as a stepping stone to a true Bitcoin ETF.


Optimism challenged

Indeed, Bitcoin investors believed they had reason to be optimistic following the release of regulated Bitcoin futures markets last month. In rejecting the Winklevoss ETF proposal early last year, the SEC specifically left the door open to approving a Bitcoin ETF in the event that regulated futures markets emerged. The SEC’s unwillingness to consider ETFs based on these futures market is certainly a cause for concern.

Nonetheless, it’s wise to remember that the regulatory wheel turns slowly. Chris Concannon, CEO of Cboe, told Business Insider last month:

    “A healthy market is a healthy underlying market, derivatives markets, and an ETF. That will take time.”


Source: https://cointelegraph.com/news/several-bitcoin-related-etf-proposals-withdrawn-at-secs-request

Bitcoin Struggles: Bears Back in Town?



After breaking through the $20,000 mark on Dec. 17, Bitcoin suffered a rather large correction to $12,000 before rebounding and settling between $13,000 and $15,000. However, the digital currency has suffered a few setbacks since that monster rally, leaving some to wonder if the bull run might be over.


Bear signs?

The 2013 bull run was ended by the dramatic collapse of Mt. Gox, and so far, nothing that big has happened to Bitcoin. Nonetheless, it’s always possible that the end of 2017’s extraordinary run could die by a thousand cuts.

Last year, China first banned ICOs and then closed cryptocurrency exchanges in the country. Now the government is taking aim at mining. China has long been the epicentre for Bitcoin mining, in large part due to the country’s inexpensive electricity prices. Now the Chinese government is considering restricting Bitcoin miners’ access to inexpensive sources of power, which would significantly change the economics of Bitcoin mining.

There has also been a change in the dominance factor of Bitcoin as many looked to diversify their digital currency portfolios to better performing altcoins. Coins like Ripple, Ethereum and Tron have surged in value, essentially stealing market share from Bitcoin. As recently as March 2017, Bitcoin made up 85% of the total market capitalization of the entire market. Today, Bitcoin’s so-called dominance, or market share, has dropped to an all-time low of 33.6%.

The second largest country in the world, India, is starting to look hostile as its government seeks to tighten regulation on digital currencies. Recently, an advocate for Public Interest Litigation filed to immediately regulate the flow of Bitcoin in and out the country.

In Venezuela, a place where Bitcoin has flourished due to the unrest and economic breakdown, President Maduro has ordered the issue of the country’s own digital currency, the Petro, which Venezuelans might see as Bitcoin’s competition. However, it should be noted that a country officially issuing its own digital currency certainly adds legitimacy to the concept of cryptocurrency as a whole. Further, since Maduro can’t restrain himself from printing a nearly unlimited supply of Bolivars, it’s likely the Petro will eventually suffer the same hyperinflation.


Indecisive charts

The charts are indecisive, with Bitcoin’s price currently in a consolidation pattern. Expect this sideways “triangle” to break either up or down later this month. Volume is also down, below its 30 day moving average, but this is common in a consolidation phase.



It should be remembered that the rise from $9,000 to $20,000 occurred in just three weeks, so the market likely needs some time to get its legs back under it.


Source: https://cointelegraph.com/news/bitcoin-struggles-bears-back-in-town

I never used Binance before but HitBTC is my favorite exchange because I never had any problem with them. And for smaller coins I used EtherDelta.

I think there few risks involved in holding bitcoin such as; storing your bitcoins in an online wallet/exchange, the price fluctuations, stealing or fire outbreak for hardware wallets, and online scams if you are not very careful.

Trading is like a game, someday you win and someday you lose. And the best way to deal with losing is by learning your mistake that led you to lose your money. Once you learn your mistake then you can go ahead and continue with your trading.

That is what is called holding "Hodling" and the people how does that are called holders "Hodlers" not traders. As a trader you should never depend on only one coin, only professional traders can do such things because they know what they are doing and the ins and outs of the market.

I think every time is good for buying bitcoins more especial now when the bitcoin price is dropping. You can invest now in bitcoin and plan ahead for the future. The people that invested in bitcoin for long-term are the ones to make the much large profits.

No. I just sell my coins every time I see the value started dropping. The market would never drop all at once. Thus, I normally exchange the falling coins with the rising ones. exchange all red ones to green.

I think doing both trading and working on a campaign would be a better I idea because working on a campaign will not take more than 2 hours a day while trading too will not take more 3-4 hours as well. It is all about time management, period.   

Well, me too I believe bitcoin price will grow to reach at least $60,000 by the end of this year 2018. The bitcoin has limited supply of only 16,7 million bitcoins in circulations worldwide. And the demand of bitcoin is higher than the supply. Once the demand is higher, the price would also get higher too. 

The best way to know about the next coin to be pump in the market is by the checking both the 24 hours trading volumes and 24 hours exchange volume on either coinmarketcap.com or coincap.io

https://coinmarketcap.com/currencies/volume/24-hour/
https://coinmarketcap.com/exchanges/volume/24-hour/

Well, for me I found HitBTC and BitFinex to be the best cryptocurrency exchanges for me. I'm planning to test Binance and GDAX someday.