See https://bitcoinist.com/coincheck-rolls-out-bitcoin-btc-payment-for-gas/The Japanese crypto trading giant announced the move in a press statement issued on Friday (October 4, 2019). The program is a result of a partnership between Coincheck and a couple of gas companies in Tokyo.
Dubbed “Coincheck Gas,” users of the platform can pay their domestic gas bills in bitcoin. According to the press release, BTC payments for gas under the program will attract a 3% discount.
Also, the company says it will gift users 3% of their monthly gas bills in bitcoin sent to their Coincheck wallets. Coincheck Gas is a follow-up to “Coincheck Electricity” which the company rolled out back in 2016.
These services are part of efforts by Monex — Coincheck’s parent company to boost mainstream BTC adoption. The company also has other programs that allow customers to swap loyalty points for cryptocurrencies such as bitcoin. In theory this is really good for adoption. In practice - who knows, it depends on ordinary Japanese taking up the offer to actually use their bitcoin for something. Hopefully the 3% discount will encourage them, though some may decide they'll make more by just hoarding their bitcoin. We knew that there are various ways of payment method. Japan is very transparent that they adapt bitcoin already in many transactions. Paying Gas using bitcoin is very helpful for the cryptocurrency to promote itself, for the authorities to know the quality of transaction using bitcoin. The 3% discount is really a big help, although it is a cheap discount. At least, it lessen the price of the gas you buy. Many benefits are waiting in using bitcoin in the market. |
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What Happened in December 2017
2017 was quite the year for Bitcoin (BTC). The cryptocurrency grew by a staggering 1,950%, from $974 a coin to $20,000 in the space of only a year. However, warning signs of a bubble were there and the coin did drop in price. Still the remarkable high of 2017 is what many believe Bitcoin will achieve again in only a short while. Some argue that Bitcoin’s volatility is as much a help as it is a hindrance – something that has certainly been showcased over the course of the years.
This year was one of the greatest years in the history of bitcoin. The increased in its value is much higher than before. There's a huge difference between from $974 to $20,000, it only happened just a year from 2016 to 2017. It's an instant! Even though the grew of cryptocurrency didn't last long and suddenly dropped again. Maybe someday it will come to the point when it will grow much better than the 2017 bitcoin increase and who uses it will rise again on the top. |
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It's great news not gonna lie. With this country being the first to step out in implementing comprehensive regulations, I believe more should follow in the next years since the first step had been done by someone. By the end of it all, more people would come to comprehend and appreciate the usefulness of blockchain technology to the world. I just hope that these regulations won't overstep their boundaries someday and let the crypto community still be like what it is today, free from control.
Blockchain companies moving to Liechtenstein will prove that accepting crypto to their country would provide more opportunities to participate in the crypto community and would also give more influence to their countries itself.
That's true that by this regulation, this is a big help for people for them to peacefully use blockchain technology. This will promote and provide more user to use this kind of digital currency. It will also serve us the limit for them to not exceed those boundaries and not to violate some regulations to avoid conflict during transactions. As what you've said many people will continue on the right path using cryptocurrency. This will lead to success and development of this kind of platform. |
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All of us - the people present on this forum all know Bitcoin and all coin famous. But I think the future development of digital currencies to replace banknotes or banks depends greatly on one of the following factors: 1. Qualifications and knowledge of the people. Because the majority of people today do not fully understand block-chain and technology. So if you want to use cryptocurrency like paper money today, all people have to know how to use technology 2. Smart phones - Must be integrated with technology to make it convenient for people to use 3. Simplification of cryptocurrency developers. How can people easily use like paper money. And what do you think about my opinion?  This is true, the technology is very essential and very efficient to use in block chain and technology. In our generation, smart phones have a variety of uses when it comes to technology. Also you need to verify and observe if cryptocurrency is available in your country. Security is always needed when there's a money involved. For me we also need discipline and good decision making when it comes to digital currencies. Being wise we can help promote bitcoin in many transactions in the market. |
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I'm really a believer of bitcoin and seeing it falling is very unpleasant. While all you have to do is hold it on and wait for the right time for it to grow but it's going down. It feels like you're investing for something that is unsure. But this time, since it plummet, you grab the opportunity to buy bitcoin in a much lower price. And just wait and be patient when it increases again in to a higher price, that's the way you'll gain more profit. But there's no specific season where it will become great again. |
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Alright so Bakkt launched this thing and then the price of Bitcoin sank faster than whale shit. What happened?
How do I sign up and get an account at Bakkt? Did Bakkt get rekkt? Or did Bakkt do the rekkting?
Bakkt really is the reason behind the sudden downfall of bitcoin. Many transactions are wasted and didn't reached the expected volume of transactions in the market. I think it is also because of unpreparedness of the market. Many were upset because of its failure. Just don't let our anger be the hindrance in helping Bakkt to work successfully. Always look on the bright side. Maybe the Bakkt needed some time to develop itself and grow from time to time. We just need to be patient because someday Bakkt can become more useful for us and help to gain more profits. |
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This is very unfortunate! Some Governments are anti-crypto and would exert efforts to prevent it or discourage it from its own citizens but eventually, they will reconsider it once mass adoption becomes full blown and other foreign Governments adopts it.
I suggest that if some of you can't access this forum due to some censorship ion your country, you can try to use VPN or TOR so that it will give you more privacy and less fear from Government interventions.
Yeah that works. Always check the security and prohibition of crypto in your location, although the internet is also secured by the government, there are various ways on how to deal with it. Use some IP address generator like what you've said, like VPN or TOR and it'll provide you security and you'll become invisible in your country. So you can deal with crypto safe and comfortably. In terms of Government, banks are really the conflict in some blockchain promotion. But you can use internet or social media carefully. Sooner or later, the bank will adapt the bitcoin when they understand its advantages and benefits. We just need to be patient. |
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No strategy added from the article this bot will be useless you should add some trading strategy so that other users don't need to use paid trading bot like gekko trading bot.
Yes, that's true. Strategies are always essential when you do some trading. Just make sure that it'll be effective in the end. Being knowledgeable in trading helps you to become more successful and gain more profit. And creating trading bot is also important. |
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 4) OTC options like Bakkt are ready for boomers and computer illiterates which want exposure to Bitcoin but have no resources to keep their own How much are you buying monthly? Many criticize Bakkt for its ability and failure, they are lack of resources to access global market. It is not that popular so maybe it is developing itself. Bakkt needs to work hard to prepare for sudden growth. And for the amount I buy it varies dependent from time and if it's necessary. I have to budget some money because there are expenses i need to pay for my family. So it depends on the circumstances i'm in. |
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I believe many of us has lost the precious Bitcoin at some point. A lot of this loses could be traced back to wrong wallet addresses on the part of the sender (more reason you should double check the address before sending). At some point you mistakingly sent Bitcoin to an ERC-20 wallet or sent it to an incorrect wallet. Either ways, the coin becomes lost. In times like this thoughts like this set in, "why is there no provision for recovering lost Bitcoin? My answer to this might sound inconsiderate, but... It is a good thing you lost it, and it's a good thing it cannot be recovered. Maybe you will be more careful next time When you consider something as valuable, you ought to treat it with great value and care, so before sending out your "valuable Bitcoin", if it's really important to you, ensure that you double check the address to avoid loss. If you have lost Bitcoin the first time due to the aforementioned wallet issue, then you ain't supposed to lose another one, as you must have learnt to be more careful now. It's true that bitcoin isn't that easy to get, you'll work hard for it with patience and discipline. Always be mindful when addressing a bitcoin, when you lost it always keep it mind that it'll never return on you. Be attentive and observant when having transaction or sending bitcoin. For you to stop regretting your self for the wrong thing you did. Not all things comes back when u lost it. |
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Hello guys! Well, I have known about crypto for a while, but never really gone into trading.
Recently I got an interest in crypto trading but didn't know anything about it. So, If anyone here can guide me from where to start and learn about trading?
Do tell me if there is any course available online, free or paid? Maybe in Udemy?
Would be a real help. Thanks!
There's many videos on Youtube of people using different technical analysis techniques and successfully trading with them. To start, I would learn about Bollinger bands and RSI. Don't pay for any courses. It's all freely available on Youtube. I'm sure once you watch a video on Bollinger bands, there will be many other techniques that pop up under the recommended on the right. Just follow those and learn all you can. Then, just start with a low amount(something like $100 or whatever you can afford to lose) and give it a shot. That's really helpful, once you gain a lot of infos from your resources. You should apply what you have learned and start trading. Being knowledgeable will put you higher. It will also teach you to become a disciplined and wise decision maker when it comes to trading. Enhance your technical analyzation skill by learning how to read chart and graphs for you to know when is the right time to trade. |
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Negative interest rates are spreading all over the world, and it seems this trend is here to stay.
How do you think it will affect Bitcoin value in the long term ?
Will Bitcoin rise because negative interest rates are just another form of money printing ?
Here in our country we experience a high inflation rate, and I’m glad that I used bitcoin to many transaction and investment. Negative interest rate is really the conflict in investing money in the bank. But due to negative interest rate, the demand in bitcoin will increase and also its price and value. When the time comes that the inflation rate goes high, other investors will seize the opportunity to buy a lot of bitcoin because of the decrease in its demand. |
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Bitcoin really developed our society and economy. Transactions are faster and suitable for everyone who uses it. If the society adapts it, world will become more successful in the near future. Started from the bottom to the top, Bitcoin is very unpredictable and from low rate, it can reach about a higher rate 5 - 8 years from now.
We just need to be patient and observant, maybe we woke up someday and the bitcoin now reaches 100k. So again, just be patient.
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When it comes to BTC, you should be a good decision maker. If you’re a beginner find more ideas and knowledge to gain more experience. Do some research or ask for some real crypto enthusiasts on what are the important factors in trading. For example, the updates in the chart and trending events about BTC.
Having experience will help you to become more wise and disciplined. It is also essential to secure your transactions and keep yourself away from scammers. Just always be patient and observant in the market. By this, you’ll become the bread winner in the market.
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When it comes to finding tools in trading, you should always know its advantage and disadvantage in the market. I use tradingviews and 100eyes crypto. Tradingviews is always helpful and is easy to use rather than any tool in trading. It is the most efficient for me when it comes to security and precision.
While 100eyes crypto scanner is always updated and very accommodating too. Just make sure that when it comes to trading, we should be knowledgeable, wise, and disciplined enough when having a BTC transaction in the market. Good decision making is always the key in crypto.
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It has a good effect and bad effect to you. The good one is that Compounding Interest is the best and safest way in making investment to achieve great amount of profit. Just always monitor the security and make sure that you're patient when it comes to investing your money.
But the bad thing is that there are lot of scams in doing investments. It's very hard to find an honest borrower nowadays due to scammers in our society.
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Fantastic. In my own little way, I encourage all my family members leaving abroad to use bitcoin while sending money across borders. I have personally been involved in offering free introduction lectures to many persons. Most are active.
That's wonderful when you know someone who uses bitcoin more as their payment method. It is applicable around the world and it's not that hard to use in transactions. Keep it up! |
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Many people promotes blockchain and cryptocurrenct as their primary way. They work very hard just to socialize and explain something about it. As those hard-worker bitcoin enthusiasts influenced me, I also shared bitcoin related ideas or thought to my friends and co-workers. By this promotion, they use bitcoin to their other transactions or payments.
I always use bitcoin everywhere if it's necessary and secure. Also to promote the power of bitcoin to our economy. Whenever there is an opportunity, I will promote more about blockchain technology and cryptocurrency as hard as I can to help them achieve the life that they want.
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Tangible/Physical cryptocurrency isn't not that necessary. It is very dangerous and not secured enough. Cryptocurrency has its private transaction and maintaining quality trading. It should be always digital for its purpose will become ineffective anymore. We should stick at using digital crypto to ensure our security.
Technology is evolving very fast and we don't need to go back on the old days where we only use tangible currency just to pay for food, clothes, shelter and etc. We need to use technology wisely because we're now a digital society.
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It is obviously a technical analysis, because as you can see in the chart that the bitcoin price will push to 600k dollar. It's quite very hard, but in the near future nothing is impossible. Be optimistic when it comes to BTC, there's always a way on how it gonna push to 600k. We just need to wait for that to happen.
You should be knowledgeable in chart reading for you to have some thoughts on what are the possibilities but it's not the actual happenings in the market.
Just accept the fact that in terms of bitcoin it is not "what you see is what you get." Keep that in your mind. The chart only show the possibilities, everything started at the bottom.
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