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The Bitcoin Has Attained and Achieved the Constancy, According from Erik Voorhees

As based and according with Erik Voorhees, the Bitcoin has attained and achieved the constancy and the stability! Well find it out as we dig in with the story of how it was stated and utter with.

To begin with the certain topic and entry of an vast and immense description of the digital currency which is the Bitcoin, the ShapeShift CEO has pointed out Bitcoin’s rise and ascends, its stability and constancy, and how that the progresses and developments silences one of the leading and foremost criticisms of the cryptocurrency’s early stages and levels by the means and use of the Twitter:
“The Bitcoin has attained and achieve the constancy and the stability of a large cap stock. And this is immensely and vastly impressive and puts to rest one of the earliest criticisms.”

The Bitcoin’s current and the recent stability and constancy attainment in contrasting with the previous infamous and legendary volatility, the Bitcoin has displayed and showed significant signs of maturing in the industry. Upon during the lead-up to the United Kingdom’s vote to exit the European Union, the Bitcoin tracked and traced gold as a hedge against economic turmoil and uncertainty, solidifying its place and consign as a more reliable option than the traditional financial system.

Straight and right away after the Brexit vote the British Pound’s volatility and instability passes that of the Bitcoin, and making the cryptocurrency a more attractive and striking investment opportunity.

As based and according to the old global financial system that which is not doing so well at this very moment, as the Bitcoin keeps and continues to do better and greater globally, the old financial systems runs into more and more cases and issues. The Japanese Prime Minister Shinzo Abe declared and announced of having a stimulus package for the Japan to the tune of over $265 billion US dollars in which is both a sign of continued economic stagnation and of the future Japanese Yen devaluation and depreciation.

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The Zimbabwe Central Bank Regarding onto the Bitcoin Use

At the annual Digital payments Conference that was being held and happened at the Meikles Hotel Zimbabwe last July 28, with the same year, 2016, the Reserve Bank of Zimbabwe in which stands for the RBZ warned and presaged the country’s citizens and the public against the various and different level of risks that was being involved and inclined with using the Bitcoin.

Josephat Mutepfa which is the Central Bank’s Senior Executive of the National Payment Systems Department has even told the event’s audience in which is principally and primarily contained of the financial startups, experts, professionals, entrepreneurs and many more, the ins spite of the fact that the popularity and being well-known of the Bitcoin, still the Reserve Bank of Zimbabwe discourages and daunts the use of the Bitcoin. This is due and caused of the lack of regulatory frameworks for exchanges and startups providing digital currency and related financial services.

While the economic benefits and advantages of using the digital currencies such as the Bitcoin are being evident and palpable to the Central Bank, the organization and association thinks and eventually believes that the any type and kind of unregulated alternatives and substitute must be approached with caution and carefulness even if it do provides the unbanked an opportunity to regain the financial control and facilitation.

Josephat Mutepfa exclusively and specifically identified and classified some of the Bitcoin startups in which includes the Bitmari, which is a company that enables and capable the Zimbabweans to send and transfer money all across other countries in the Africa at a substantially and considerably lower costs by using the Bitcoin.

In regarding with the increase of mobile transaction and dealings was the primary concern of the Reserve Bank of Zimbabwe in such manner of justifiable, which is mainly and principally because of the government lacks the necessary information and details to fully understand and regulate the digital currencies like the Bitcoin.

As based and according to the various and different statistics, on the other hand, the rapid and extent growth of the Bitcoin industry and the market in the countries like the Zimbabwe appears and seems to be investable and also predictable. With just a recent and current study which is released by the multi-billion dollar auditing company which is the KPMG demonstrates and shows an unprecedented levels and stages of development and progresses in the mobile payment and compensation space in the Sub-Saharan Africa.
Since from the year of 2014, there are nearly and closed to 95% of the Zimbabwean have used mobile money to pay and compensate the utility bills and the mobile money account penetration rate in the year of 2014 was estimated and summed up to 25% in which was even higher than the bank account penetration rate in the country.
This major and principal shifting and switching in the trend from the banking services to the mobile payments and compensation demonstrates and shows that the financial cases and issues that the majority of the Zimbabwean population struggle and thrash about to deal with when using banking products and also its services.

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Maturation of the Bitcoin Economy

A new study reveals and unfolds the maturation of the Bitcoin economy. A recent and new study was conducted by the University of Wisconsin together with the partnership of the UCL Centre for Blockchain Technologies and the Deutsche Bundes Bank has demonstrated and figured that the Bitcoin Economy has significantly grown and has reached the full level of maturity in the past few years when it has begun.

The fact that the Bitcoin evolves and progress and also we need to know how exactly the Bitcoin manage to pull it out with such grace. The research and study has show and also revealed that the number of the Bitcoin transactions and dealings involving the Bitcoin has rapidly increased significantly from approximately and summation of over a 1,000 per day in the year 2011 to 300, 000 per day. As the network has expanded and lengthened and also keeps on doing it so, the need and the hunger to explore how the cryptocurrency evolves and became apparent. And this is the key that largely driven the research and study.

As the study tackles and explains it inch by inch and every bit of it. “At the recent and current exchange rate, the notional worth and value of the daily transactions and dealings in the volume ranges are in between $200 up to $300 million. Therefore, it becomes appropriate and interesting to explore and dig in how the Bitcoin economy is populated and extract the map of payment and compensation relationships, and as well as to trace and track the exact evolution of those relationships over the time.”

For that basis and purpose, the research and study took direction to classify and also identify the interconnection between the economic agents that uses the Bitcoin payment network for transferring and moving or even sending the digital currencies between each one and another. The information and the data from the Bitcoin Core for over the period from the 3rd of January of the year 2009 all the way through to the 8th of May of the year 2015 was imported and managed by the means of the MySQL database in which is designed and created to run high-performing application codes.
The researchers have gathered and collected together publicly accessible and also available individually addressed as the minimum units of the Bitcoin identity and distinctiveness and also grouped them into particular and specifically business categories through analyzing some of their specific Bitcoin transaction patterns and outlines.

Employing and applying the input addressed heuristic, the researchers have grouped for over a 75, 191, 953 unique Bitcoin addresses in which was obtained and gathered from the internet into 30, 708, 660 clusters in which were further filtered to link and associate part of the superclusters to the real world entities coming from the BTC China, Kraken, Xapo and etc., in which belong and fit into the different and various business categories in which inclined to the exchange, the mining, the pool, the online gambling, the black market and the composite. It allocated and allowed the researchers to further create and design a map of payment relationships between them and make conclusions regarding and about the transaction behavior in each and every other business category.

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Scotland Independence: Shouts for Bitcoin-like Cryptocurrency?

The “Scottish currency options post Brexit”, a discussion paper in which ha s recently authored by Dr. Craig Dalzell. This said discussion paper was written and aims to be for the Scottish Think Tank that has been commonly called and labeled as the Common Weal.

In the content of the discussion paper, Dr. Craig Dalzell discussed and tackles about the ramifications of a possible and probable Scottish currency after the Brexit. There have been calls and signs for another Scottish referendum regarding on seeking and quest for independence from the United Kingdom, on after the United Kingdom in its very own referendum voted and chose to leave the European Union.

Subsequently and right after the results of the Brexit referendum were made and has been known, the Scotland’s First Minister Nicola Sturgeon declared and announced her intention of holding and exerting a second referendum. Beforehand on the 24th of June year 2016 she had make a statement that says that a second referendum was a statement of the obvious as based and according to the BBC.

The currency is a major issue and case in any bid for independence. Stating in the previous Scottish referendum the question of a future currency weighed and scaled heavily on the votes choice of “No” on the decision of the voters. The paper cited a poll in which is conducted by the Lord Ashcroft in which resulted and found that more than half of the voters casted their votes on the vote choice of “No”. The voters cited and alluded to the currency as of the top three reasons in which influenced and impacted their decision.

Dr. Craig Dalzell hopes and looks forward to examine the various and several scenarios in which can arise out of a Scottish independence vote in the very near and approaching future. As Dr. Craig Dalzell says on one of his statements, “It is the cause and purpose of this discussion paper, the comparative advantages and disadvantages of the reasonable and logical options in which an independent Scotland may take and get, so that the full and objective understanding and knowledge known of the issues and cases can be reached.”

The choices and the options before Scotland are being laid upon. In the first referendum, in which is the pro-independence campaigners and supporters urged for and promoted the idea and thought that the Scotland would retain and keep the British Pound. As based and according to Dr. Craig Dalzell, the thought and idea being that the country would form and create an official currency union with what remained and lingered of the United Kingdom. This would also get the Scotland on the Bank of England Monetary Policy Committee. On the other hand of the fact that, now in the event of another referendum taking place, broadly and narrowing a wide spectrum range, the Scotland has two sets of an option...

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United Pharmacies: Now Accepting Bitcoin

The United Pharmacies begun accepting and taking the Bitcoin as payments! The online drug store and also medical platform the United Pharmacies has officially introduced the Bitcoin as its newest and latest payment method, in which offering and serving a 10% of discount for all of the drugs and the medical products enlisted on its store.

The United Pharmacies is one of the few firms in the pharmaceutical industry to offer and serve the Bitcoin as one of its main and major forms of payment because of the strict and stern Know-Your-Customer in which stands for the KYC rules and regulations in which is imposed on the companies in the industry.

The interrogation of the Bitcoin, the customers and clients of the United Pharmacies platform and members of the Bitcoin community and society presume that the United Pharmacies’ interrogation of the Bitcoin will establish and build a positive precedent and outcome for the other companies in the pharmaceutical industry to offer and serve payment methods within a minimal regulation and legal processes.
The typical and commonly companies such as the United Pharmacies offer and serves a limited range of payment methods to comply with the financial rules and regulations they are required to respect and also to accept. Therefore, most of the pharmaceutical companies and the independent drug stores offers and yet also serves the traditional means and method of payments such as the international wire transfer and the international cashier’s check.

It is the advantage and merit of the digital currencies, today. The digital currencies like the Bitcoin provide and showcase two major and principal advantages over the conventional payment methods and means in which are the low transaction fees and also the efficiency. The payment options often recommended and suggested by online drug store in which is specifically the bank wiring, in which requires the users to take certain steps in which is often in the customers and clients either going to the physical branch of setting the transaction over just the phone or via phone call. At the moment that the transaction is completely done, the bank details and the transaction information have to be sent to the company in which then requires and additional verification and authentication in which could usually take anywhere from 3 to 7 days length of time.

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The Factors Affecting the Bitcoin to Plummet

Aside from the Bitfinex hacking in which is explicable, every single time there is sudden falling in the price and worth of the Bitcoin as we have been in the recent days, numerous unfounded factors tend to crop up to define and yet provide a plausible cause.
This certain article was written to look and detect at the issues and cases that lingers and also affect the Bitcoin price and yet gather a collective reasoning of compromise among several users. A test case that focuses is on between the days of 29th of July, Friday on the same year 2016 until the 1st of August with the same year also, this period of time has said to be that the price of the Bitcoin plummets in which summed by more than $50, from over $655 down to $603.

The very first question that lingers to every single person in the Bitcoin community and society was what was responsible for the price and worth slump of the Bitcoin?
Then the “European Union factor” comes across the table. There is such a view that the recent and current price is a reflection and indication of the proposed regulation that is being considered for the introduction by the European Union. The idea and knowledge is to gather, collect, process and also record the personal data and information and also sometimes to share such data and information of the Bitcoin and the other cryptocurrencies users with the relevant authorities. The anonymity has really worked for the Bitcoin on providing and showcasing necessary freedom for the users. This certain view supports the fact that the scare and fear of the regulation being passed had a total grip on the market these days.

The next thing was the “Yes vote for hard fork”, this one certain case and issue raised is the closed door meeting in between the Bitcoin miners and also the Bitcoin Core developers. Although its summary and brief story has not been publicly released, there are suggestions and implications that the Bitcoin Core did not uphold its alleged and supposed agreement with the Chinese miners on scaling in which has resulted in a total loss in confidence.
As based and according to the Coin Dance Bitcoin Community Opinion Poll Summary, there are over more than 82% of the respondents to the question of “Do you think the Bitcoin network should hark fork to be able to increase and expand the block size limit?” had say “yes” while only over 17% had say “no”. While this certain poll could not be a hint at a growing and spreading disparity.

And there comes after was the Halving Effect, it may be a little surprising that the dip has been linked and tapped to the reality of the halving effect now setting and taking place in the tables. There is a one look of view that the Bitcoin mining has become less profitable and lucrative for the small operations, in especially and specifically since the halving on the 9th of July with the same year 2016, for this reason its effect is being felt recently.
On another way it says that the price of the Bitcoin went up because of the halving hype and it is just readjusting to what should be its normal state and status. It is also said that since the Bitcoin did not fires up to the moon as it was expected and projected to happen so, after the halving, but only moved up a bit based on the speculation, the readjustment in the price and worth created some panic and destructions.

Lastly that tags along was the “market forces the ETH/ETC”, there are insinuations and allusions that the people are using their BTC to perchance and buy the ETC in which is the most attractive and attention catcher digital currency in terms of the 24 hours trading volume and quantity today. Some believe and also thinks that the shift to the newly-shaped, in especially and specifically for its worth and price rise around the days under review and observation is not just a coincidence and not by chance.

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The Three Regimes in the Bitcoin Economy

Based and relying on a recent research and study that has been conducted in the University of Wisconsin the results of the analysis of transactions and dealings relationships, the researchers measured and tested the relative prevalence and predominance of each and every single general business category and classification in the sample and tracked their evolution and existence over the research and study period. Therefore the research and study identified and yet also classified the three distinguishable regimes that have even occurred and occupied and yet has even evolved in the Bitcoin economy since its inception.

The Period Number 1 in the Three Regimes in the Bitcoin Economy

From the date of January year 2009 all the way through the date of March year 2012, is being identified and yet also classified as a “proof-of-concept period” and has been characterized by the test transactions and dealings among all small number of the users with a very little meaningful commercial activity and motion. The analysis has showed and depicts that this certain period was almost entirely being dominated by the mining.

The Period Number 2 in the Three Regimes in the Bitcoin Economy

From the date of April year 2012 up to the date of October year 2013, was being classified and identified as the “period of early adopters”, shore up and bolstered by the black market usage and gambling factors.
It was no shock and yet no surprise that these certain types of businesses were in the midst of the first responders to the Bitcoin, as they were even attracted and captured by its unique features in such as it is relative anonymity or else has been called pseudonymity, in which is a lack of regulatory and legal oversight and outlook, borderless transactions and dealings and also low transaction and dealing costs in absence from the taxation also.
As the research and study points out, that the Bitcoin as the new form of secure and safe digital cash appeared to be the most ideal for the purchase and sale of the illicit drugs, stolen items and products and also any other activities that could not be easily and quickly be paid and compensated for anywhere else online. On the other hand, there was a concurrent and simultaneous drop in using of the Bitcoin for “sins” activities in the year of 2013 month of October, the time and period when a number of black markets have the largest among them was the Silk Road was being shut down.

The Period Number 3 in the Three Regimes in the Bitcoin Economy

From the date of November year 2013 until now to the present date, was the “period of the Bitcoin network maturation”, in which is being characterized and identified by the departure of the Bitcoin economy from the “sin” enterprise and diversifying into a legitimate payments and compensations, commerce and also services all across the nation and the globe.
The research and study indicates and yet also implies that the period from the date of January year 2014 to the date of May year 2015 was even characterized and also classified by a significant increase in the legal services with the digital currency exchanges and services at the center of this certain process.

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Useful Tips on Where to Keep and Store Your Bitcoin!

Just to thwart and avoid more issues and cases of thievery and security breaches in the near and approaching future, the Bitcoin users must put into practice alternative solutions and schematic strategies to facilitate and control their own money and here are some simple and alternative methodologies.

The very first thing to understand about the Bitcoin, the Bitfinex safety and security breach in which that led into the cumulative loss of nearly $70 million US dollars has become a painful but an important realization and awareness for most of the Bitcoin users in the community and the society. And it has served as an urgent wake-up call and lesson for all of the users who have relied on the Bitcoin exchanges to keep and store a large summations and quantity of funds in contempt of several major hacking attacks that have stolen million of dollars worth and value of the Bitcoin from the exchanges.

Before exploring different varieties of methods in securely keeping and storing the Bitcoin and the other cryptocurrencies, it is best and important to understand and have knowledge that the Bitcoin network lacks a central authority or an organization in which can conduct similar operations as the banks.

The decentralized and transparent nature of the Bitcoin network makes it virtually impossible for the users to reverse their funds in an event of a hacking attack or theft. Therefore, the proper methods and schematic strategies must be employed and implemented to protect the user funds from being compromised.

The purposes of the exchanges or the primary purpose of a Bitcoin exchange is to enable customers to trade the Bitcoin with the other assets or currencies such as the USD or the EUR. It also allocates the users to purchase and sell the Bitcoins in using the traditional forms and ways of payments, such like the bank wiring, the credit card transactions and the checks.
While an exchange has the duty to protect users funds safe and securely in their systems, the operations of a Bitcoin exchange heavily and highly rely on instantaneous transactions in which are being performed on a hot wallet because of their requirement to send and receive the Bitcoins upon their settlement of the trade orders.

Consequently, it is important for the users to utilize the exchange for its primary purpose and transfer the funds once they purchase or sell their own Bitcoin to a Bitcoin wallet.
The non-custodial wallets, moving or transferring the Bitcoin to a wallet has proven to be difficult for many users who do not fully understand and knew the technical side of the network. For the beginner users, it is vital and important to remember that the wallets that do not have any control over the user funds are the most reliable Bitcoin wallet platforms. In view of the fact that they do not control your Bitcoin and it is not possible for the hackers to steal them.

Read More: www.ecoin.eu

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I have sent you a PM.
Kindly take a look.

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The Bitcoin Operations in Russia

The Russian authorities hold backed and refused the idea of introducing the punishment for the transactions with the Bitcoin. It is indeed an endless discussion all over again. For over 2 years the Russian authorities could still not make up their mind and decide in concerning the bizarre bitcoin. And now finally there might be some spark and twinkling at the very end of this tunnel as the Russian authorities hold backed and refused the idea of introducing the punishment for the transactions with the Bitcoin or the other digital currencies.

Earlier, the Ministry of the Finance had suggested and yet also recommended the introduction of imprisonment for a period of up to 4 years for the use of a quasi-money, as the Bitcoin and alike were being labeled. Remarkably, the managers of banks and the other financial institutions would take a break for over up to 7 years in prison for operations with the Bitcoin, and with the subsequent deprivation of the right to take on the managerial position and place.

In June with the same year of 2016, Alexei Moiseev, the Deputy of Minister of Finance, mentioned in his statement that the Ministry is revising and still reviewing and also reconsidering the terms used in a draft law.

The State Prosecutor General’s Office and the Ministry of Justice both agreed and decided that there is no enough reason for introducing measures of criminal responsibility for trading with the Bitcoin. The Ministry of Finance and the Central Bank of Russia also supported and raised this decision.
The Ministry of Finance was even ordered to revise and review the draft report addressed to the President and also submit it by the very end of the summer.

Let the tax authorities know you play with the Bitcoin. At this very point and moment, the Bitcoin enthusiasts could start praising the state authorities for not banning the Bitcoin. Yet, there is one more thing preventing and cautious them from breathing freely. To sale and also to purchase cryptocurrencies are deemed the currency transaction in which should be reported to the state tax services. The main tax authority of Russia has stated and clarified that the transactions of purchase and sale of the cryptocurrency even the virtual currency between the residents and the non-residents of the country of Russia with the utilization of the currency valuables and or the currency of the Russian Federation are in the fact of currency transaction and so on and so forth.

While the Russian authorities still have not found a clear definition and distinction for the Bitcoin, they found a way and another to go around and also put it inside the regulatory framework. Consequently, it does not really matter if the Bitcoin is a currency, a commodity, a quasi-money, or something else. And as long as the Russian tax residents exchange it to currency, it is regarded as a currency transactions and dealings that should be reported to the tax authorities.

The statement claimed by the State Tax Authority is intended for the informational purposes and use, so far and does not imply in making revisions and the changes into the current legislation. With the Russian state authorities’ eagerness and urge to ban and yet also restrict things in the country of Russia, we are yet to notice the destiny of this initiative.

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

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Captain Drakin’s Show Regarding on Bringing the Bitcoin into the Masses

The Bitfilm Production is the operator and facilitator of a new Bitcoin show in which is called the “Captain Drakins” the very first TV series related and yet also associated to the crypto world. The two characters for this certain show are Captain Drakins himself and his sidekick was Nick the parrot. In each and every episode, they are explaining the main Bitcoin topics in a funny and yet simple way as the show intends to reach a young audience in which includes the students.

The Captain Drakins aim and goal. The show is set in a pirate world to better understand the “anti-system” attitude and behavior of the crypto world. In fact the Captain and his parrot in a 3D studio setting and was decorated as a pirate ship and on the screen behind Captain Drakins there will be several varieties of visuals in which that illustrated the topics he is explaining and addressing to.
The Bitfilm Production wanted to establish and create a documentary in which is useful for the youngest public who have heard of the Bitcoin but are not using it yet. The main goal and aim of Bitalo and the Bitfilm is to make his audience aware and known of the practical advantages of this certain cryptocurrency in the daily lives and as well as it is potential to lessen and yet also reduce the power of the banks.

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The Three Keys to Fully Complete the Bitcoin Adoption and Acceptance

As the following steps in the revolution and the evolution of the money, the Bitcoin is advanced and superior to the traditional currency in several and numerous ways. It is trustless, private, irreversible, and also efficient and lastly, it is deflationary. On the other hand, even the best and the greatest technological invention and creation is useless unless it is being used and utilized, and at this very moment the fiat currency still holds the title of the “real money” in the minds of the general public and the masses. In order to reverse that factor, the greater adoption and acceptance is needed on the part of the Bitcoin.
To be able to accomplish and fulfill this certain aim and goal, even though it is not any haphazard strategy and method will do so. Just simply by uttering and saying that “Here, Bitcoin is better, start using it instead.” Will produce and gain limited results. Instead by establishing and creating the cryptocurrency’s use in the global economy on one step at a time, and each and every single phase of progress and improvement becomes much more manageable and also realistic.

The Key Number 1: The Bitcoin as Useful [currency – Bitcoin – currency – destination]

The very first key and step is to create and establish the Bitcoin as an intermediary device to develop a progress in the regular financial transactions. This can be purchasing gift cards all the way through the eGifter or the Gyft, purchasing something form Amazon through Purse.io, and sending a remittance payment to another country, or even paying an unbanked contractor.
Neither the party to these certain transactions wants or even has the Bitcoin, but it is obtained and also uses nonetheless to perform a specific function. A user buys the Bitcoin to save money on the gift cards or the Amazon purchases cheaply and yet also efficiently send a remittance or even pay unbanked contractor who otherwise would a limited options and choices for receiving the funds.
On what factor that this shown that the Bitcoin can be useful tool and device in a certain circumstances. Someone who did not view and see the Bitcoin as a money or even as a something worthy and valuable will nonetheless see and notice its usefulness in achieving and also attaining the certain aims and goals and as such will be willing to buy and purchase some for a certain select purposes. This certain plants the idea in the client’s and customer's’ mind, that the “Bitcoin can be useful.”

The Key Number 2: The Bitcoin as Valuable and Worthy [Bitcoin – currency – destination]

At the moment that the cryptocurrency is in a wide-range use and in ready and also capable to supply the next key and step is to set up transactions in which originate as the Bitcoin and are later converted to a currency. Having already benefited from the very first key and step, the Bitcoin is in wide-range use, although no body touches it directly.

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Have a look at the current fees!
At the moment Payeer Withdrawal Fee 0%!!!
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The Bitcoin Advantages over the Traditional Investment

The traditional investors have always loomed and approached the digital currencies like the Bitcoin with an additional precaution due to their highly volatile market worth and value. On the other hand, the devastating and great performance of the Bitcoin as an investment and a currency has catch the attention and attracted the likes of a traditional investors over the past few months and counting.
The Bitcoin as an investment means provides investors with the three significant advantages and compensation over the traditional investments, the liquidity, the high market demand and the minimalistic trading.

The Liquidity – Bitcoin is a regarded as one of the most liquid assets and resources in the financial market today for the reason of the global establishment and founding of the Bitcoin exchanges, trading platforms and the brokers.

The investors or the holders of the Bitcoin can easily and quickly trade the Bitcoin for cash or for other assets like gold and other cryptocurrencies right away and instantly; with low fees and charges unlikely the shares of a company or the publicly traded funds and assets that requires the operations of a third party institution like the stock exchange to process and settle the orders and investments. Regions like the Venezuela, Brazil and Argentina that are known and popular for its very strict and rigid financial rules and regulations that disallow and misallocates the trading of the foreign currencies and assets also have their fair share of the Bitcoin exchanges and trading platforms in which enable the holders of the Bitcoin to transfer and move their wealth outside their country and also bypassing the country’s government.
The high range of liquidity of the Bitcoin creates and establishes a viable ecosystem for the investors to trade in and especially and significantly those that are looking for a short-span of term of profit. The digital currency is also a practical and a best way for a long-term investment for the reason of its particularly high market demand and trend.

The High Market Demand – The traditional investors reasonably and quite question the trend and demand and also the value and worth behind the Bitcoin. The investors that have only limited knowledge in technology, struggles and have a hard time to understand and fully get the economics behind the Bitcoin and how its market value and worth is being determined. In due course like any other asset in the market today, the worth and value of the Bitcoin Id directly dependent on its demand trend. Unless, the demand for the Bitcoin completely evaporates and vanished, the worth and value of the Bitcoin will continue to increase. The market cap of the currency that is now close to the $10 billion US dollar was less than the $1.3 billion US dollar only from the last three years ago.

The Founder of the Marc Warne, Bittylicious further explains the details in, “The Bitcoin will be used and utilized more in the upcoming and approaching future because it is the first time that something not fully controlled and manifested by any entity like a government or a bank that has been used over the internet. It has been around for over seven years now without any single fundamental issues and cases.”

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Draw More Women into Bitcoin

Garnering a steady decline in the female partaking in the coding arts and several of the early adopters are being male, and there are numerous assumptions that the women will not have an impact in the Bitcoin society and community.
The Founder and CEO of the BitNation, opposes to this certain scenario as she utters that, “The women stands for a specific and also significant part takings on the every single day of the expenditures. And I do really believed that there are several women who are utilizing the Bitcoin for their daily spending that comes or their daily lives and also would profoundly assist to stabilize the worth and prize of it.”

Read More: www.ecoin.eu

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At present, we have got some technical problems. We are working to settle these problems.
We apologize for any inconvenience this may cause.
eCoin.eu Team

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The Four Rationales of the Bitcoin Usage Could Fly into a Rage in Thailand

Thailand has the right in the mix if the ingredients for the Bitcoin to triumph in a massive number of the foreign tourists, the inflows of the various foreign currencies and also the tech-friendly banks.

The main deal was what is the catalyst acquired for the Bitcoin to thrive in Thailand?
The far from the ground dependence on the tourism, Thailand is a tourist-friendly nation and the tourism contributes for more and over of the 19 percentage of the directly and the indirectly of the country’s annual GDP. And foe over of the 25 million tourists has visited Thailand each and every year and counting, the spending in the excess of over 40 billion US dollars in the country. The tourism and the travel account for over of the 6% of the country’s direct employment and a noteworthy portion of the country’s informal sector depends on the revenue that has been generated from the foreign tourists...

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New York: Bitcoin is Money



To be money or not to be money, that is the question when it comes to utter the word of the Bitcoin. Several people all over and around the world have an exceptionally understanding of what money is actually is and this can certainly broaden to the judges at the federal levels who are having to battle with this distinction regarding the Bitcoin.

But in a new case that dealt with the recent hacking of the J.P. Morgan Chase and the other financial companies all over and around the world, the New York District Judge has ruled that the Bitcoin does indeed qualify as money!Based to the Reuter, Anthony Murgio, who is looking to dismiss the charges against him and to his alleged operation of the Bitcoin exchange known as the Coin.mix in which the prosecutors have called unlicensed. Anthony Murgio argues that the Bitcoin cannot qualify as “funds” under the federal law in which also prohibits the operation of an unlicensed money transmitting businesses.
The United States District Judge Alison Nathan, disagreed and stating the following in a written statement of: “Bitcoins are funds within the plain meaning of that certain term. The Bitcoins can be accepted and taken as means of payments for the goods and also services or even bought directly coming from an exchange with a bank account. They then therefore, function as pecuniary resources and are being used as a medium of an exchange and also means of a payment...

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