https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

China is appearing to soften its stance on cryptocurrencies as of late

"In an unexpected move, a major Chinese state bank has posted what appears to be a positive infographic on its website detailing the history of Bitcoin and some basic cryptocurrency concepts. The infographic notes the impressive gains that Bitcoin has benefitted from recently and appears to address the relevance of cryptocurrency in today’s world.
Leading crypto payment gateway Coinpayments recently formed a partnership with directory listing site Cryptwerk, in a move that will no doubt help increase adoption within the industry. In the press release regarding the partnership, Sean Mackay from Operations at Coinpayments raised an interesting point when he said that “It’s important to remember to not just hodl your crypto, but also to spend it to help increase adoption. Since the crypto space is still early days, spending and transferring cryptocurrency has never been so important!”
Trading of Bitcoin and cryptocurrencies in China has been illegal since the country banned Bitcoin exchanges back in 2017. While the ban forced some exchanges to move their operations to other countries, it is believed that millions of Chinese citizens still trade cryptocurrencies through subversive means. Although trading is banned, mining cryptocurrency in the country is still legal, and it is estimated that 60 percent of all Bitcoin’s hash power comes from China.
The change follows a recent legal ruling by China’s Hangzhou Internet Court that classified Bitcoin as a commodity that should be considered ‘digital property.’ While the ruling didn’t go so far as to give it a ‘legal currency’ status, the recognition by an authoritative body is evidence of changing mindsets within the country."

This brings the question of will china accept cryptocurrency as a currency or will it just stop its level of support at accepting it as a commodity [/font]

-source : https://cryptocurrencynews.com/china-stance-cryptocurrency/

This is made possible by Abra as they partnered with 7-11 stores in the Philippines this is according to the news posted by Cointelegraph however, as far as I remember, Coins.ph is the first one who partnered with 7-11 so people in the Philippines can buy Bitcoin in 7-11. I hope with this positive news, there will be more merchants in the Philippines who will start accepting Bitcoin. cointelegraph.com/news/all-7-eleven-stores-across-the-philippines-now-sell-bitcoin

I read in some articles that binance now operate in US https://bravenewcoin.com/insights/binance-u-s-opens-account-registrations,
I thought US banned crypto, why all of a sudden they've adopted the system of crypto like Binance? Do you think, this will affect the market of bitcoin and crypto could be increase now?

If there is a country where cryptocurrency is legal how much is the tax that we have to pay to the government? Also, how can the government track our transactions?

Hello everyone! CoinGecko is introducing "Trust Score" to combat fake exchange volume. From today onwards, we won't be sorting exchanges by reported volume but will take into account web traffic and orderbook data. 

Full announcement: https://blog.coingecko.com/trust-score/

Great to be acknowledge by CZ from Binance and CoinDesk:
https://twitter.com/cz_binance/status/1127928142859866113
https://www.coindesk.com/coingecko-unveils-exchange-trust-score-to-fight-fake-volume-data

Check it out and let us know what you think!

Comparing Bitcoin to other online money transfer services is virtually pointless. It is like comparing apples with oranges, as there will never be any fair comparison to be drawn. That said, Bitaccess is keen on exploring how Bitcoin behaves compared to the likes of credit cards and PayPal. While promising, the information needs to be taken with a grain of salt.

BITCOIN OUTPERFORMS PAYPAL

The statistic shared on Twitter by BitAccess is rather misleading. While it confirms Bitcoin’s annual transaction volume has increased significantly, that is as far as the “comparison” goes. Claiming how Bitcoin has overtaken PayPal in annual trading volume in both 2017 and 2018 seems to be a bit of a stretch.

More specifically, PayPal notes major growth every single year. As such, one could easily claim that company has seen major growth as well, yet it doesn’t reflect properly on these charts. It is true PayPal generated “just” 578 billion in transaction volume throughout 2018, it is more widely used than Bitcoin may ever be.

Read More: https://themerkle.com/comparing-bitcoin-to-paypal-makes-no-sense/

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Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.

There is now a lot of news about Satoshi Nakamoto coming up or uncovered are you still excited every time there is news about new discovery on who Satoshi Nakamoto is and his whereabouts.

We have fed by so many lies about this Nakamoto pretenders some of them are good storyteller some of them might be true I have a hard time analyzing the best version of the story.

Bitcoin has been great throughout its entire existence. It gives us extra income and helped us achieve our financial goals, but that will not come easy.

TRADING. The main source of getting an income would be trading. The name already sounds hard, what more would be the application. Countless loss but still have patience on trying again. I continue fighting.


HODLING. The laziest of them all. All you need to do is to buy a definite amount and wait for it to get higher. The only enemy is the long term patience and greedyness. Its tiring but i continue fighting.


MINING. Well, i skipped this because i dont mine and ai dont have any resources to do it.


CAMPAIGNS. This thing becomes rare these days and if they have, theere are only few people who get listed. Most probably those with higher ranks or higher merit achievement.

I always woke up having 20 posts deleted almost everyday and all the comments ive posted removed because of off-topic reasons. I always end up not having a minimimum post count on my campaign and seems like my account are the only account who is monitored. Its more frustrating i guess. I feel like they do not want me to tell my opinion or something.

Signature campaigns arent that much profitable not like last year. Even i dont meet the post count every week, i still try my best to give more intellectual opinion as possible. I continue fighting

Hello traders. What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and  high transaction fees.Banks can’t control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.

Hello everyone, good morning, yesterday I had a conversation with my family about crypto(BTC if we being specific).

Im HODL for a long time now, and really believe that in the end crypto actually do fly to do moon( More about Moon:)

my family thinks its a bullshit, and think that im wasting my time and money. I try to explain it countless of times and it seems that is simply imposable for to them to understand

So, im just curious what your family/friends think about it?

Week #14 (28.08-03.09)
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I think bitcoin has been one of the biggest innovations of the human in the past years. Many altcoins have been created after bitcoin. But none of  them have been successful as bitcoin is. Why is that?
Why no altcoin can replace bticoin?
Every new thing and every technology is usually replaced by a newer one as the world is always developing.

The first television built was mechanical, then electronic television were invented, then colour televisions, digital, 3D, ....
The first automobiles invented were steam-powered wheeled vehicles, then electric automobiles appeared. Now we have autonomous cars. Now we have Tesla model S. Now we have Lamborghini.
All of us know about the developments made in mobile phones.

Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.

What do you think?

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