BitPay processed over $100 Million in Bitcoin transactions

What is Bitpay and how it works In short, Bitpay is a payment gateway that allows merchants for an easier way to accept Bitcoin. BitPay means good news for the Bitcoin Community’s growth. It allows merchants to accept Bitcoin and in exchange it offers daily direct deposits of the fiat currency. For merchants that already have a shopping cart, BitPay’s Hosted Checkout can allow shoppers to pay for their order using …
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Why Bitcoin will not go to $1000

Why? Don’t get me wrong I want Bitcoin to go into the $10,000 but we need to be realistic. What really caused the first bubble in december that took Bitcoin to $1000?  According to Coindesk: There is more speculation today that bitcoin’s November 2013 surge and Mt. Gox’s trading volume’s were built in part on fraudulent trading activity To summarize the story about the MtGox Bot, it simply pumped the …
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4 Current threats to Bitcoin

In this article I will talk about the biggest threats to Bitcoin. The idea of virtual currency is not new, we have seen it in video games as gold and tokens which can be bought with real money. The real revolution is the blockchain that Bitcoin is based upon. Many compare the blockchain to the TCP/IP protocols when internet was first introduced. Because of this new peer-to-peer technology known as …
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Why Bitcoin is rising

  Why? As of today, May 25th Bitcoin has gone up over 100$ in the past week. Why is Bitcoin following such an uptrend after months of trouble and decline. Some argue that the price has been steady for long enough and now investors are hungry and are looking to profit, other’s are saying that more people are finding out about Bitcoin and want a piece of the currency. Despite …
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