eCoin.eu trading platform/system for buying/selling Bitcoin, Litecoin

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Bitcoin Prices (Weekends Edition) July 16 and 17, 2016 “On a High, Getting Low and Somehow Bouncing Back!”

It is truly wonderful weekdays had passed by. Though the Bitcoin price rise and dropped, it surely have get back right on its track as it rise in the occasion were it really belonged with. Now it is the weekends’ chance to show what they truly got to offer the patricians and also the investors and the potential group of people who are planning to invest and safety their cash upon Bitcoin.

Today it is a great day Saturday, and the sun shines so bright to light the day as the last price hit the mark price of $690.963 with the daily range of $662.030 to $690.102 and with the daily change of $28.072 and a 24 hour turnover of $864086.763. Right after this series of data, the last price may have fall a little in the space in the digits of $666.830 while the daily range elevates somehow in $662.030 going to $700.000 and also did the daily change have climbed in $37.970 and the 24 hour turnover have spiked in $871608.839.The next movement of the Bitcoin prices, the last price decreased again at $662.300 and the daily range have diminished in $660.715 to $700.000 but the daily change took the liberty to rise up in $39.285 while the 24 hour turnover have lessen into $804354.669. After this certain movement the daily range and the daily change went on the stagnant phase, while the last price and the 24 hour turnover have danced the night away as they swing back and off the grid, the last price took place in $661.556 while its 24 hour turnover was $801178.506; followed by the last price which sets in $662.880 and its 24 hour turnover of $841426.334; next is the last price was $664.440 and the 24 hour turnover was $844212.378; subsequently the last price took the position of $664.450 and its 24 hour turnover is $850583.945 and lastly, the last price lands in $664.720 and its 24 hour turnover was at $850583.945. Truthfully, this day is just one of those keep calm and stay the same phase. Just like the last week’s phase…

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Bitcoin Prices (Weekdays Edition) July 18 to 22, 2016 “From the Moon and Back and Yet Some Fall Apart”

Mondays are the better day to start all over again, and Mondays are new beginnings to remind us that we are blessed for we have the chance to unfold another weekdays again.

It is indeed Monday morning, July 18, 2016 and it is a brand new week for every single creature in the whole wide world as the last price lands on $684.120 and the daily range have set in the numerical of $665.415 to $687.410 with the daily change of $21.995 and the 24 hour turnover of $987030.156. The few hours arrived and the last price hit low at $683.550 then the daily range upgraded at $667.378 to $687.410 causing the daily change to downgrade a bit in $20.032 while the 24 hour turnover spiked at $991346.073. Though the last price diminishes at $682.980, the daily range move up somehow in $667.770 to $687.410 while the daily change may have lessen it digits and touched down at $19.640 and so did the 24 hour turnover when it reached at $977384.979. Moments and hour had passed and the last price were seriously marking low at $682.260, but the daily range have climbing up at $670.800 to $687.410 which causes the daily change to dropped at $16.610 together with the 24 hour turnover at $976241.915. Before the night ends another decreasing in the last price went down at $676.801 and the daily range may have boost in for more at $676.783 to $687.410 that literally causes to melt down the daily change into $10.627 and followed by the 24 hour turnover at $972952.577...

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Small changes in the design of our website!
We have made the Bitcoin 24 hour exchange rate schedule more functional, to make it easier to keep track of Bitcoin exchange rate changes.
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Bitcoin Prices (Weekends Edition) July 23 and 24, 2016 “Stumble and fall, Getting Up and Standing Tall Again”

It is unpredictable in each and every movement. It may stumble and fall. Get up and stand tall again. But there is one thing that we are certain, that the Bitcoin prices were one of the most awaited in each and every single day. Enthusiast keeps an eye on every direction it points. Filling off the charts and lining up the graphs with the remarkable ups and downs.

It is a Saturday, moment of weekends. Time to get some refreshing flash, and when the that moment approaches last price marks at $650.870 and the daily range at $642.340 to $667.540 and the daily change of $25.200 and a 24 hour turnover of $672039.745. After couple of hours the last price elevated at $652.810 while the daily range were starting to drop at $642.340 to $665.796 and so did the daily change when it lessen in $23.456 after all the decreasing the 24 hour turnover rises at the moment at $683377.926. Few hours passed and the last price strikes high again at $654.802 but the daily range diminishes somehow at $642.340 to $664.475 and together with the daily change it also fall at $22.135 then followed by the 24 hour turnover as it slumped in $679177.220. Next thing the last price sets higher as it took place in $655.315, though the last price marks higher the daily range continues to stumble and fall as it crushed at $642.340 to $662.018, the sudden falling chased by the daily change as it sinks at $19.310 while the 24 hour turnover gets up from its fall as it reaches at $682930.610. After that certain movement the last prices shrink at $654.180 as trailed by the daily range as it experienced another episode of falling off the grid as it dumps at $642.340 to $657.000 then the daily change pursue dwindling as it drop off at $14.660 while the 24 hour turnover climbs at the $688181.559. But before the night ends, another set of circulation takes place when the last price declined at $652.700 while the daily range and the daily change choose to settle and rest as the 24 hour turnover hikes at $689602.714...

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Halving Affects the Miners’ Payout

A specific day to block reward halving, as the Hashflare has become one of the first Bitcoin mining companies in the industry to inform and notify their beloved miners that the proposed and anticipated reduction and diminution in the mining reward will certainly affect and distress their payout, even if it do not state by how much and figure.

In a message and statement impost via e-mail, the Hashflare stated and claims that “we would like and akin to remind and hark back all of you that this weekends the Bitcoin mining reward will be reduced and lessen by up to the percentage of 50. In regarding to this process and procedure, which is namely the halving, was a part and fraction of the Bitcoin system script that takes place and occurs on every 210 000 block produced. On the last halving was reportedly and recorded from the past four years ago and the block reward went down and under to 25 BTC from 50 BTC.”
“The said halving take place and occur on approximately 20:30 (UTC+3), which exactly means that the entire Bitcoin network will start getting a reduced and lessen mining reward. This will also be seen and reflected in the payout you will be receiving on Monday.”
This was the stage and part of getting prepared and bracing themselves. As the company says and told that its team has been getting ready and preparing for the certain event for a couple and months already and is recently and currently preparing, getting all nature ready and installing new and more energy-efficient SHA-256 hardware 6nt6 the5r system and program.

It also adds that “we are putting and generating tons of effort and endeavor coming from our side to keep and intact BTC mining profitable and lucrative. In the nearest and upcoming future we will be able and capable to reduce and less the cost and amount of the electricity, and lowering and descending the electricity fees and charges for the SHA-256 contacts and links and associates in HashFlare as a result and outcome. We work as hard as everybody else and get far as we can to make and take our service better and superior and we hope that our efforts and labors will make your cooperation and support with us more profitable and advantageous and yet also enjoyable and pleasurable.
The vagueness and ambiguity stayed and remains. The most of the miners are not sure and certain of what to expect and look forward on after the halving. Also, not many and several mining companies that so far had shown and revealed their identities and individualities or even explained and gave a statement of the dynamics of their operations and maneuvers.

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Price of Bitcoin Stays within the Trading Range after the Halving

As the Bitcoin society and community celebrates and feast the second successful and overwhelming quadrennial block reward halving, the market participants and partaker seems to less and not as much of enthusiastic regarding the so-called event. The economics will trump speculation and assumption in the long run, but aimless and drifting precariousness and instability might be here to stay and keep for a while.

The Bitcoin halving was a decisive and influential yet a chronological event that upholds a significant and momentous meaning for almost every single person who’s been involved. It is yet one of the examples of Bitcoin’s pecuniary inevitability and inescapability, and also perfect juxtaposes the legacy and bequest system which has never been good and superior at following all the way through on promises and pledges. And now we are entering and inflowing the new era and period of time of Bitcoin. One in which the economics will reallocate and budge in dramatic and thespian ways and methodology and will accompany in fresh and newly dynamics and statement in Bitcoin markets.

Notwithstanding with the fact that the price has not yet mirrored and reflected these new realities which is mainly and chiefly for technical aspects and reasons, they will be priced and outlay sooner or later as the natural and normal market forces and drive will go to work. In anticipation and then, conversely, we are stuck and jammed trading the market we are given to.

The movements, trends and patterns and outline of the daily chart of the Bitstamp, below and underneath is being the best and finest view of the medium and average term technicalities and technical for the Bitcoin, and above all of the summation and speaking things stayed and remain comparatively and somewhat bullish. We can notice and observe that the $150 to $250 range was a lengthy and extensive term accrual and amassing range, the $350 to $450 was the initial and preliminary consolidation range, and right now at this very moment the market is putting in a pennant and an emblem which triangles the formation that tends and serves to be a bullish and buoyant pattern as a secondary consolidation range.

The Fibonacci analysis was confirming and guaranteeing this hypothesis and proposition as a support has been seen and noticed at the 50%, followed by 61.8%, and lastly the 78.6% levels and stages, which is telling us and unfolding to us that the buyers remain and stayed committed and persistent in as low as the $600’s range. Also observe and become aware that from the $700 going to $775 is a rather substantial an ample resistance area, even though the volume and count was saying that it is not as heavy and profound as would be expected and projected.

In additional from the statements above, the momentum and impetus still looks and figures to certain extent of week with Willy and RSI which is gradually and slowly moving stealthily lower and inferior, and MACD which remains and stays under and below the center and middle line, while the 9/18 EMA cross turns and twists to bearish once again. However, the A/D line (accumulation/distribution line) stays and remains strongly and firmly in an uptrend signaling and gesture demands at the current levels and stages, and the 200-day SMA were still and unbeatably moving and soaring higher intensively.

Over the close and near term, if the bullish and upbeat emblem pennant fails or fall short with around $620 right then we should be looking and come crossing at sub-$600 in the not so too distant future or outlook, and having said that the average and medium term view point and stance will keep on continuing to favor and errand the bulls.

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Today we are planning small technical maintenance and the website can be offline for some time.

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How to Get the Average and Standard People to Use Cryptocurrency

The Bitcoin was still and at a halt noticed and seen as the tech nerd’s game toy or a plaything to a certain extent than it is everyman’s and everybody’s money and currency. The four cryptocurrency and digital currency adoption and acceptance experts and professionals share and told their tips, guidelines, tricks and actions on how to bring and showcase crypto to the average and standard people or citizen of every nation.

On the 2013 report and testimony in which have stated that the cosmic and immeasurable number of majority of the Bitcoin users are the male, the libertarian, the non-religious which used their coins for donation and charity rather than the illegal activity. While in these demographics and results have certainly and undoubtedly shifted and turned over time and moments, the cryptocurrency far and away the domain and the sphere influence of the coder nerds. The “Main street” adoption and acceptance among the standard and average inhabitants and citizens could be higher and wider.

Several cryptocurrency experts and professionals who were specializing in the adoption and acceptance about the most effective and efficient ways and method to get crypto into the regular use by the ordinary people gives statements on an interview. One of the factors it is tackling was making and using cryptocurrency was easier than the banking apps.

The founder of Dutch cryptocurrency Gulden, Rijk Plasman says that the most and mainly crucial and decisive component and factor of any adoption and acceptance strategy is to remember and bear in mind to make a user-friendly or easy-to-use product than the current and a recent system.
“It is very important and significant to be realistic and to be true, while there are a lot and tons of benefits and remuneration at this very moment already to using cryptocurrency rather than using the fiat, and there is a pretty wide-ranging and extensive learning path for new users. That is what we are doing and making differently, eliminate and remove the learning, and make apps that is so easy and quick to use, that people can use them with a manual or further instructional materials. And when they can use the apps, they will notice and foresee the benefits and the profit of the blockchain instead of just hearing about it. Our apps have to be better and more enhanced than the current and recent banking apps, otherwise the regular and ordinary people would not even give it a chance.”

The Bitcoin advocate and early adopter, Derrick J. Freeman, also thinks that the emphasizing and accentuating of ease of use is imperative and essential to promoting and encouraging Bitcoin.

“I have tell them already that all they need and should use Bitcoin is an app. Here in the New Hampshire, where I’m living, I can point and position to a half dozen Bitcoin vending and retailing machines that convert and exchange fiat and to Bitcoin. No questions and query asked. That kind and variety of financial and pecuniary freedom and privacy is empowering.”

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Bitcoin Valued and Worth as a Financial “Safe Haven” As Weigh Against to Other Major Currencies

The Bitcoin has a fair and reasonable amount of mainstream critics and haters and bashers when it comes to its value and worth and also relevance as a globally traded currency. Some and several of this borne and bear out of an equal and equivalent amount of fear, scare, ignorance and unawareness of what the Bitcoin is and represents, while a portion and an part also based and legitimately on the recent events and happenings like the Hash Ocean collapse and fall down.

Be that as it may that the Bitcoin has proven and certified to be quite valuable and worthy and relevant to those looking and seeking to protect and shelter their wealth under these more turbulent and chaotic and in turmoil economic period of times. The people may have stop snickering at the Bitcoin when they actually do the study and research and discover the impressive value and worth of the digital currency has to offer and serve. And when it comes down to it, the smart money has been on Bitcoin for quite awhile now, and the mainstream is beginning to notice and see this fast and this certain reality.

The Bitcoin becomes a financial “safe haven”, in the world economics; the term “safe haven” is a relative term. But from the fall of 2013, through the Mt. Gox collapse and fall down, up to early beginning of the year 2015, the Bitcoin was seen and noticed as a laughing stock, rising at 800%, only to crash back to the previous levels. Well, nobody and no one are laughing now, especially those who invested and put their line in the British Pound and Euro.

As according and stated from Bloomberg, the Bitcoin has become less volatile and fickle than the Pound since the Brexit, and this may not change and move for the same time. The British Pound values and worth have dropped to 30-year lows and the investors are moving quickly into the BTC for relief and reprieve.

The Chief Executive Officer of San Francisco-based Kraken, Jesse Powell, the world’s largest Bitcoin exchange in the Euro volume, stated: “A lot of people are buying and purchasing Bitcoin for Pounds and Euros. Our Euro-based Bitcoin volume has double and twice bigger….. We saw and noticed a huge and immense spiked in that market. People and citizens are seeking and looking for a safe place to store and keep their money and cash, amidst all of this uncertainty and ambiguity.”

Regarding to the world’s best performing currency, for those caught unaware and uninformed of the Bitcoin value and worth equation and figure over the last eighteen months, the Bitcoin was simply and undeniably the world’s best performing currency in the year 2015, gaining and increasing for over 35% against the global reserve currency, in the United States of America’s dollar.
This was about four times the growth and augmentation of the US dollar itself during and the same period of time. In this year 2016 it is proving to be even better and greater, as the Bitcoin started the year in the $430 range, and right now, the trading is in the $600’s, an almost and over 50% in increase in its value and worth.

The Managing Director at the Wedbush Securities Inc., Gil Luria, told the Bloomberg by the means and use of an e-mail: “I believe and think that the Bitcoin has seen and notice some of the benefit from the Brexit over the last few days as the consumers’ are buying and purchasing the Bitcoin as an asset uncorrelated with the global monetary system, much and likely gold. If the other countries and regions in the European Union pursue and urge a similar and the same path, I would expect some and several of their citizens and populace to look and seek at the British experience and want to protect and secure some piece of their funds in the Bitcoin. Even though the Bitcoin is volatile and unstable, volatility and precariousness is better than knowing your money and cash will be devalued by 10 to 30 percentages within the few weeks.”

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The Mending with the Cloud Miners for Bitcoin Halving: Laceration Energy Costs

The Mining software companies and businesses try and attempt to reduce and trim down costs of the Bitcoin mining meeting and conference the challenge and defy brought and inhibit about by the cutting and slashing it in half in regarding of the block rewards.
The energy supply has been a topic issue and main concern of late mining operations and production in particularly and pertaining to the halving period of time as it is a great and vastly determinant to ensure and certain a lower operational and production cost to maximize and emphasize the profit.

A report and statistics says that some of the mining companies and businesses in the parts that locates in China, just recently and currently met to discuss and enclose on how to “share power grid and together with the local power resources” and also as well as the other issues and subject matter such like the hydropower, also the wind energy, the power tariff terms and phrase, which line up specifically on mining company operations and productions.

The offer and propose of cheap electricity will attract and draw an investment from the Bitcoin mining companies and businesses particularly and specifically in the land of China where roughly and estimated of an 82 percentage of the globally-produced hash share in concentrated and focus.
Regarding on the new and innovative products, the mining software companies and businesses in particularly the Bitmain has introduced and brought out a new and fresh products which including all of its latest and most recent Antminer S9 in which has been dubbed and given the title of the world’s most power-efficient and saving Bitcoin miner, into the market to meet and acquaintance and yet face the challenge brought about by the cutting in have of the block rewards.

Just after the Genesis Mining tested and experienced a larger and bigger batch of its X11 ASIC, it upgraded and reinforced all its ASIC X11 clients from one year up to two years of contract with a promise and a word to offer and serve them an electricity cost for the second year free of charge and fee.

As the Hashflare slashed and trimmed down its energy cost to enable and be able to its miners to earn and profit more. In an statement by the means of an email to its SHA-256 contract holders and clients, the mining company informed and updated them.
“As the Bitcoin mining reward halving is now history and olden times, it is our duty and responsibility to keep every single thing running and working smoothly and at ease for all of you. For the last couple of months, we have been working and keeping a hard installing new energy efficient and saving SHA-256 hardware to our data and information centers and portals, which allow us and allocates us to reduce and lessen our electricity expenses and costs.”

“And for that reason and basis, we are proud to announce and declare that the Maintenance and Electricity Fee (MEF) for the SHA-256 contracts is now being reduced and trimmed down by 25%, from the 0.008 USD per 10 GH/s to 0.006 USD per 10 GH/s. The work and progress is not yet done and over yet we are still looking forward to achieve and attain and also accomplish better results in the near future.”

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Good News!
From now You can do withdrawal also by using Bank Wire!
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Is It Possible That The Bitcoin Breaking-Out the Charts?

Countless factors and features have guide and take the lead to a rush forward and as well as the heave in the price of the Bitcoin this year 2016. And one of the main factors and aspects that have been constantly affecting the instability and volatility in China and the Bitcoin emerging and engaging as somewhat of a shelter or a safe haven. And the Brexit referendum also led to the price mount in the Bitcoin charts.
There are still and at halt underlying aspects, features and factors present and currently that could give the certain cryptocurrency a further push and urge on-going upwards and forward. As based and according to an article news by the Forbes, the Bitcoin dealings and transactions could double and maybe triple.

Forbes quote and mentioned Jupiter Research, a United Kingdom based company that specializes and best in identifying, classifying and appraising the high and towering growth and expansion of the market sectors and sections as saying, with “the total value and worth of the Bitcoin transactions and dealings is expected and projected to reach and exceed at $92 billion within this year of 2016 until more or less around 240% from within less than $27 billion of the year 2015.”

To tag along with it, Trump’s presidency and the Brexit and also the other global risk and jeopardy are enlisted. The Bitcoin has acted and serves as a pillar of strength and source of capability when it comes to the stability factor and asset in the moment and era of uncertainty and economic turmoil that happened lately and so and on. We have already seen and noticed that the Bitcoin was hitting far from the ground of $780 just before the Brexit referendum.

The BBC News has even reported and stated that based and according to the Economist Intelligence Unit that Donald winning the United States of America’s Presidency has the potential and latent to disrupt and disorder the whole global economy and heighten the political and also the security risk and chaos in the United States of America.

The BBC also mentions and has told that, “He is rated and marked as the riskier than the Great Britain leaving and parting the European Union or an armed clash and conflict in the South China Sea.” And the Economic Intelligence Unit uses and utilizes a risk scale of ranging from 1 up to 25 and Donald Trump as getting elected the United States of America’s president is allude to as having a rating in the range of 12 which is the same and similar as the risk and jeopardy of the Jihadi Terrorism which is destabilizing and making it critical for the global economy as based and according to the BBC reports and data.

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An Investment via Bitcoin: United Kingdom-Based Blockchain Company Hits £100,000!

With the United Kingdom still and on-going on recovering and recuperating from the Brexit, the Stratis which is a London UK based blockchain solutions company and business with the an aim and a goal of building and establishing a Blockchain Development Platform for developing and keeping the progress of blockchain apps has raised and gather for over £100,000 worth and value of the BTC from its ICO.

Having a total blast it's ICO in June, the Stratis offers and serves their blockchain token in which is used to run and facilitate the Stratis blockchain and the sidechain features and characteristics to any participants and patricians of the ICO. The Stratis has over an 84,000,000 Stratis tokens for sale to the investors.

Once developed and progressed, the Stratis will allocate and allow anyone and everyone to create and build and also manage the blockchains within just minutes, take note of it “within just minutes” and with the ability and capability to customize and improvise their very own private sidechains in which will be safe and secured at the same time by the main Stratis blockchain, and allocating and also allowing the developers and also the small companies and businesses to experiment and try with blockchains, not just for the large companies and businesses such as the JPMorgan and Chase Co. and the Deutsche Bank.

The Founder of Stratis, Chris Trew, says in one of his statements: “Our company is principally and primarily on blockchain provisioning and in-line for the business community and society in an increasingly and progressive digital economy and entity. The blockchain is a game changer and an ice breaker but there is still a real need to lower and downgrade the barriers and blockage to entry so that the more people in the society can get involved and surrounded with the technology, discover and find out it’s utility and usefulness and ultimately and also at the end of the day be able and capable to compete and vie in a changing market.”

The changing Blockchain-as-a-Service is one aspect on the Stratis platform itself. And will be a cloud-based and option and will be an open-source of the Bitcoin with full of node framework and mainframe written in the C# and also the Microsoft. The NET framework and structure rather than the Bitcoin’s original C++ node that comes with the several and plenty added features in which allowing and allocating it to be much easier to maintain and balance the existing code and also make it more attractive and fascinating to the developers.

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Print the Cryptocurrency, According to the Central Bankers

Ahead and just before the session of the key cryptocurrency specialist and experts in the United Kingdom witnessing and participating before the Economic Affairs Committee of the Parliament on last July 19, year 2016, Tuesday to see the insights and explore the nature and environment the blockchain technology, and the Bank of England has launched and released a research paper and follow line of investigation that studied the macroeconomic cost and consequence of issuing the central bank digital currency or the CBDC.

“I do not see and notice how the banks could compete,” as the former central-banking head of the International Monetary Fund and director of the Stellar Consulting LLC, Peter Stella mentioned about the said issue.
The Wall Street Journal suggests and recommends that a central-bank-issued and released Bitcoin would be a “means and ways for the policy makers and lawmakers to completely and fully take control and organize the quantity and amount of money in the economy and much likely the full-reserve banking.”

Was that the main argument and reason to tell about? Let us take a closer and possible look and gaze at the proposals of the Bank of England.
Regarding the issued digital currencies of the central bank, in using a vibrant and dynamic scholastic general equilibrium or the DSGE model and prototype calibrated to equal and match the pre-crisis United States of America, and also the Staff Working Paper Number 605, that states and apprehends the macroeconomics of the central bank issued digital currencies finds that issuing a CBDC of 30% of the GDP, and against and opposite to the government bonds, could enduringly and also permanently raise and upgrade the GDP by as much and total summation of 3%, in the due to the reduction and dwindling in the real interests rates and worth, and yet the distortionary taxes and also the monetary transaction and dealings costs.
On the July 18, year 2016, Monday issue in which is the paper was by John Barrdear and also Michael Kumhof who studied the macroeconomic consequences of the central bank granting the universal, the electronic, and the 24x7, and also the national-currency-denominated and lastly the interest-bearing access to its balance sheet by the means of the issuance of the CBDC.

And the paper states and proclaims that, “Our findings at our analysis suggests and claims that the only conditions needed to safety and yet secure and the gains and expands are that a sufficiently and amply large stock of the CBDC is issued and released in steady and stable state, and that issuance mechanism and protocol for the CBDC ensures and guarantees that the central bank only trades and vends the CBDC against and opposite to the government debt instruments.”

On the other hand there are the structural issues, in which is in broader and wide-spectrum and also qualitative analysis of the pros and the cons of a CBDC regime and establishment by the researchers distinguished between structural issues, the price and also the output stability and solidity issues and the financial stability and firmness issues.

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Have a look at the current fees!
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An Adventure around the World with Bitcoin!

It is possible to go around the world in 18 months carrying and using only Bitcoins? Well, let Felix Weis unfold a story of his big adventure.

In the early days and breakthrough of the Bitcoin, and when the elusive and mysterious Satoshi Nakamoto declared and announce all over the world wide web the Bitcoin and being adored by Hal Finney, Martti Malmi and also Gavin Andersen who had help and fully give an assistance to work and collaborate on improving and making the Bitcoin better for every single of its code. And not have several would have think and thought that it will be possible to travel and make a journey all around the world using and keeping the Bitcoins on our pockets.

It was only, and until Felix Weis which is a programmer, wanted and desired to find out the answer. On the other hand, the only way to find it out the answer was to undergo and make and experiment and trial himself. And that was the exact and same thing that he did.

He is originally and from the Luxembourg but when he made his escape he is living in Berlin, Felix Weis, was the one who first discovered and find out that the digital currency in the year 2012 and at the moment that his trust and faith in the banks had diminished and lessen after the financial turmoil and crisis. And yet, notwithstanding with the people who had been telling him back in the year 2014 that the Bitcoin did not have and grasp a future, he was still fascinated and awestruck about the possibility and opportunity of a currency that is not being controlled and facilitated and yet also manipulated by a government and that is immediately available and accessible to any country and regions of the world.

With the fact of around the world trip and journey experiment and trial circling in the corners of his mind, he converted and exchanges all of his savings and earning to the Bitcoin. Securing and keeping them safe on his freshly and newly bought and purchased Trezor wallet from the SatoshiLabs in Prague. And packed his bags and stuffs, then Weis began and started his adventure on 12th of January year 2015. In the view of the fact that Weis successfully and fruitfully complete and accomplished his adventure, and somehow of managing to pull out and visit 27 countries and 50 cities in the range of 18 months using and spending only the digital currency to get around his escapades. As you would expect, he is after to that opinion of the Bitcoin is a global currency.

As Felix Weis states and mentioned that he was able to visit 27 countries using the Bitcoin. And he enumerates the following countries as he started uttering Israel, Turkey, Hong Kong, the Philippines, Japan, Ireland, North America, the United States, Mexico, Cuba, Venezuela, Brazil, Argentina, England, and Finland and Romania.

Lastly, he quoted that, “Money is a huge and immense construct and essential as it can be on whatever the people want it to be with. And it is something and somewhat that happens on over generations and generations and I do not see and figure why the Bitcoin cannot be the same. The fact that I was being able to use and spend the Bitcoin in the 27 countries that I visited and been in makes it a global currency for me.”

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African Challenges: How the Digital Gold Will Respond?

The Bitcoin may still be less known and popular in some parts of the Africa but it showcases itself as a substitute and an alternative to the numerous and several challenges facing and taking the region and sectors that has been dubbed and hail as the mobile-led continent, based and according to Llew Claasen which is an Executive Director of the Bitcoin Foundation.
Llew Claasen foresee and believes that the recent and current levels and stages of the Bitcoin acceptance and adoption in the African reflect and reveal where the Bitcoin is on its technology adoption curve and camber globally and the continent should not be seen and looked as being behind or left behind.

“The Africa has several and numerous challenges where the Bitcoin offers and serves a viable alternative and substitute and this strong and tough need may notice and see the Africa taking more than its fair share and contribution of the global Bitcoin dividend,” this is what Llew Claasen mentioned and stated by the means of his e-mail.
“It is very much early in the acceptance and the adoption of this certain technology for every single person and all of us that is such difficult and hard to utter to say how it all plays out in some specific and significant regions and sectors,” as an addition and supplementary details from the one that he mentioned earlier.

The African assets and the challenges are the factors and aspects which make the Bitcoin a greater bet for the African countries and nations. As based and according to the fiatleak.com, in which is a site that provides and carry on a real-time overview and outline of the global currencies and their flown into the Bitcoin, the South Africa is one of the top and apex users of the digital money.
The McKinsey Global Institute in which that stands for the MGI described and depicted the potential and progress of the African economies as the “lions on the move” in the year of 2010, and a trend in which has keep on lingering and continued in spite of the fact that the collapse and fall down of the global commodity prices and worth and the political shocks.

Accordingly and based to Punam Chuhan-Pole, which is the World Bank Africa acting Chief Economist and the Author of the latest and newest Africa’s Pulse Report, African countries and nations, “need to accelerate and move forward the pace of the structural reforms and platforms in which aimed and target goal is at boosting and amplifying the competitiveness and diversification.” And the one of the four ways and methods to achieve and attain this certain matter is by reducing and lessening the costs of cross-border trade. And the one another are by making the financial sectors and systems more inclusive and comprehensive.

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Canada and Australia Claims That There Are 7000 Newly Released BTMs!

Emergent and development events reveal and showcase a distinct and pronounced step in the expansion and growth development of the Bitcoin in the market of Canada and Australia if the recent actions of the Netcoins are anything to go by and go with.

Having the Bitcoin in a gas station and in the grocery stores? The Netcoins who had recently and just currently claimed and announced its joint venture and partnership with the Flexepin in which is a prepaid paper voucher system which is available and accessible in the denomination of up to $500 United States of America Dollars (USD), claims that this step and move towards them will provide and serve 7000 fresh and new Bitcoin access points in Canada and in Australia.

The Netcoins CEO, Michael Vogel unfolds and mentioned, “The next time you will fill up at the gas station, you possibly will just be able and be accessible to buy Bitcoins there too! The Netcoins’ joint venture and partnership with the Flexepin takes the prepaid Bitcoin vouchers into a variety and sort of a convenience and grocery stores in Canada and in Australia, in which including all of the Esso and the Canadian Tires Gas Stations.”
As based and according to Michael Vogel, the vouchers that consist of a 16-digit code that which can be redeemed into the form of Bitcoins on their website. The vouchers can be bought and purchased using real-money or cash, even the debit / credit cards; the actual in-store purchase and transaction stays and remains anonymous and yet private and the compliance checks are only performed at the time of online redemption.
In regarding the entrepreneurial empowerment subject matter and issue, the Netcoins team and group claim and assert to be inspired and stimulated that the empowering of local entrepreneurs is a great act and way to further its mission and aim in which is to build and create unprecedented and extraordinary of conquering an access to the Bitcoin through the retail channels and circuits.

To wrap up this case and scenario Michael Vogel states on his last statement that, “We are inviting the Bitcoin entrepreneurs to apply and employ for the access to the Netcoins’ flagship which is the “virtual Bitcoin Automated Teller Machine in which stands for the ATM” in which come to a form of a software product. This is designed as a “white-label” software solution for the Bitcoin Automated Teller Machine (ATM) operators that who would like and desire to expand and increase their number of locations, but face the difficulties and hardships in adding fresh and new stores in the reason of the machines worth and costs and cash-handling expenses associated with the physical Automated Teller Machines (ATM). The Netcoins’ virtual Automated Tell Machine (ATM) is simpler and easier to scale because the Automated Teller Machine (ATM) runs and operates on any device, and with most of the store had been using a tablet or a cashier’s existing point-of-sale computer.”

Read More: www.ecoin.eu

[eCoin.eu]

Bitcoin prices in the largest BTC Stock Exchanges! The last 24 hours!
http://ecoin.eu/en/arbitrage/index