I went to verify and research if it is really true that bitcoins can be used to pay government services. I was surprised that there is one country that I have found that will accept bitcoins as a form of payment in exchange for government services. This is a very big news to all bitcoin users since it will spell out another price increase in bitcoins and a start of bitcoin legalization.

http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/

What are your thought about it?

It you heard of LFC coins, this coin is made by collaboration of the Chinese Government and the Rotschild Family. There are many rumors that Rotschild Family is a member of Illuminati or the New world order. There are rumors that the meaning of LFC coins is LuCiFer or LuCiFerian Coins and it the cryptocurrency of the devil. Since it is backed up by the richest family in the world soon if people embrace it what was stated in the bible about the end of times may possibly come true.

This are just opinions of some people that I have read. And so for me to avoid this situation Ill just stick to bitcoins. Let us promote bitcoins more so cryptocurrency like this one that are centralized will not prosper.

What are your opinions about it, pls comment.

http://calvinayre.com/2017/02/08/business/central-bank-rolls-new-rules-philippine-bitcoin-exchanges/

After the declaration of the Central Banks that they see merits in the use of bitcoin as well as in the financial exchange the Central banks sets out rules for the exchanges. This rules are placed in accord with  the BSP Circular No. 944 that states " businesses that convert real money like Philippine peso to virtual currencies like bitcoin, and vice versa, will “soon be required to register and report to the central bank.”". This rules are set so that money laundering and other illicit activities will not affect the economy of the Philippines but rather with this policies the Central Bank has seen that bitcoin will bring economic advantages to the country.

http://www.newsbtc.com/2017/02/08/philippines-bangko-sentral-recognizes-bitcoin-payment-system/

According to this article the Philippines’ Bangko Sentral Recognizes Bitcoin as Payment System. The article also added that Bangko Sentral states  sees the virtual currency’s potential to revolutionize the delivery of financial services. Additionally, they also mention how bitcoin provides financial inclusion, which is something traditional financial solutions have been unable to provide. This statements coming from the Central Banks of the Philippines will give a potential impact on the rise of bitcoins value on the market. And not only that, the Philippine Central Bank is not the only bank that sees the merits of bitcoin but also the the Central Bank of Nigeria.

In my research I was surprised to find an information pertaining to an online mall that is accepting bitcoins. According to the site this online mall is a potential rival to amazon and ebay. But sad to say that  the Online Square Mall Market is not very well known to bitcoin users amidst its existence since 2014. I am not sure if this site is still alive today since I also want to purchase smartphones on this site.

http://www.pcworld.com/article/2138340/online-mall-square-market-latest-to-accept-bitcoin.html

If you have gone to Chile then you must visit the first nightclub in Chile to accept bitcoins. The name of the club is California Cantina in Santiago, Chile. If I have time I will try to spend a night there and drink beer and pay using bitcoin. Hope this nightclub will make bitcoin known throughout Latin America.

If you know some clubs accepting bitcoin you may add it in this thread.

https://panampost.com/joel-fensch/2014/01/07/nightclub-chile-bitcoin-pioneer-latin-america/

Have anyone visited this site they claim to sell cars using bitcoins. http://www.reversedealer.com/bitcoin-donation-form

While doing online research I stumbled on this site that sells cars using bitcoin. This is new to me so I am asking you guys if you have experienced logging on this and bought some cars. Your feedback will be really helpful to my research on the usefulness of bitcoin.

If you are a traveler and your next destination is Italy there are some surprises that will greet you on your vacation. Using just your mobile phones and bitcoin applications you may ride a cab using bitcoin. I am not affiliated with this taxi company but its my pleasure to let the bitcoin community know about this great news.

Italy’s largest taxi fleet, Cooperativa RadioTaxi 3570, now accepts bitcoin. The company boasts over 3,700 cars in Rome, providing more than 10 million cab services each year. Ive taken this line from this link, feel free to read: https://news.bitcoin.com/italys-largest-taxi-fleet-bitcoin/

Have you tried going to places and get hungry but you have no cash available with only bitcoins in your smartphone. Here are the list of bitcoin accepting restaurants that will feed your stomach with delicious cooking in exchange for bitcoins. This is a sign that bitcoin is truly amazing that even restaurants and pizza stores have seen its value and started to include in its payment options.

Check the list on this link: http://bitcoinrestaurants.net/

There are many topics in this forum asking what can we purchase using bitcoin realtime. Aside from Starbucks selling coffe for bitcoin, schools accepting bitcoin as tuition and bitcoin operated arcade machines there is bookstore in Massachusetts that sells books in exchange for bitcoins.

The Massachusetts Institute of Technology (MIT) cooperative bookstore , is now accepting bitcoin for T-shirts, textbooks, school supplies and more. So if you are an avid reader and living at Massachusetts then feel free to visit this shop.

For more info read this link: http://www.coindesk.com/mit-bookstore-accepts-bitcoin/

Are you an addict in playing arcade machines? The previous system in playing arcade machines was to place a coin or token to get credits to play the game on the arcade machine. But guess what, there are new arcade machines that accepts bitcoin that will serve as your token to get credits to play your favorite arcade games. Im not really into playing but I think its a good topic especially to arcade fanatics.

heres the link: https://www.cnet.com/news/bitcoin-operated-arcade-machine-is-a-game-changer/

Feel free to comment.

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

Many have panicked and are panicking due to successive breakdown of bitcoins monetary value.

Some said that many are shifting to ethereum classic especially the big fish in the market.

Some due to the rising coins that have a fast growth especially those who are not listed on the coinmarket cap.

But whatever the reason don't give up on bitcoins. The price deflation is just temporary if we don't give up on bitcoins.

Based on the market price trend graph, bitcoin has shown signs of price decrease, as of the moment an alarming decrease has occurred and for two days already it slowly showing the falling movement.

Is this the sign that bitcoin will unfortunately going to continue to go down. This seems a bad news but we hope that it will go back.

Will it go up or fall down more.

Aside from bitcoin being the center of attention we must also include other cryptocurrency that the virtual economy has to offer.
Bitcoin before from less a dollar has shown a tremendous increase in price that goes up to 700$.

That potential is also potent to other currency. So it is best if we will not only focus on bitcoin but rather the whole cryptocurrency economy.

I made this post to clarify things. Many bitcoin users associates price increase to bitcoin. In my experience with bitcoin the price increase lies on the demand and supply. A skyrocket price increase has no relationship with halving. It's funny reading things that halving is equivalent to price increase or decrease but I would like to hear ideas from knowledgeable members. It would help and also correct me if I am wrong.

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