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Showing posts from July, 2018

75% of Millennials are More Likely to Date Someone Who is Into Bitcoin

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A recently conducted study has reportedly found that 75% of millennials would be more likely to date someone who possesses knowledge about cryptocurrencies. The survey comes amid apparently increasing fascination with millenials’ views regarding cryptocurrencies. Surveys Probe Millennials’ Views on Crypto An increasing number of companies have published surveys probing the views held by millennials regarding virtual currencies. https://news.bitcoin.com/75-millennials-likely-date-someone-bitcoin/

HTC ‘Exodus’ Blockchain Phone To Support LTC, Lee to Advise Project

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Charlie Lee, the creator of Litecoin (LTC), has been announced as an adviser to the development of HTC’s “Exodus” blockchain phone following Mr. Lee’s recent tweet that stated he had met with the HTC team and that the Exodus phone will natively support LTC. Charlie Lee Announces that HTC’s Blockchain Phone Will Support LTC https://news.bitcoin.com/htc-exodus-phone-support-ltc-lee-advise/

BTC Extends Dominance in July

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During July, the majority of leading cryptocurrency markets have produced stagnant or declining volume month-over-month. BTC, USDT, and DASH were the sole top ten markets able to buck the trend, with BTC’s trade volume notably increasing by 4.6%.  BTC Extends Lead Relative to Other Top Markets As of this writing, more than $131 billion USD worth of trade has reportedly taken place on the BTC markets in the last 30 days. The trading activity has seen BTC extend its lead as the dominant cryptocurrency, with the combined trading volume of the other top ten most traded cryptocurrencies excluding USDT equating to roughly $121 billion.  July also saw BTC extend its dominance by market capitalization – which grew from approximately 42.75% at the start of the month, to 47.5% as of this writing. USDT Sees Highest Percentage Increase in Monthly Trade Volume for July  Of the top traded cryptocurrencies for July, USDT showed the largest percentage increase in trade volume, gaining 1

Football Team in Gibraltar to Pay Its Players in Cryptocurrency

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Gibraltar United to Pay Its Players in Cryptocurrency Gibraltar United F.C., a team founded in 1943 and currently playing in the Gibraltar Football League’s Premier Division, has decided to introduce cryptocurrency salary payments for its players. The club reportedly secured a sponsorship partnership with the help of the owner, Pablo Dana, an investor in the Quantocoin ICO. The owner explained that a “preoccupation with transparency” prompted the introduction of cryptocurrency to Gibraltar United, predicting that the technology’s open-access nature could curtail the “corruption scandals that have plagued football.” It has also reportedly given his club an easy way to help foreign players who have difficulty setting up bank accounts in the British Overseas Territory. https://news.bitcoin.com/football-team-in-gibraltar-to-pay-its-players-in-cryptocurrency/

A Look at What It Was Like to Operate the Lightning Network’s Largest Node

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Compiling a Lightning Network Node The Lightning Network is a second layer payment protocol that many people believe can solve Bitcoin Core’s (BTC) scalability problem. The reason for this is because the LN system works on top of the BTC chain and because of this factor there would be fewer on-chain transactions. Essentially the system comprises a great number of participating nodes that can send transactions through bidirectional payment channels. Alongside this, there’s been a ferocious debate over the years because people have touted LN as the solution for BTC’s congested mempool, even though the network is very much in its infancy. https://news.bitcoin.com/a-look-at-what-it-was-like-to-operate-the-lightning-networks-largest-node/

Largest Movie Theater Chain in Thailand to Accept Bitcoin

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Thailand’s largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn. Thailand recently began regulating crypto businesses. This week, the Thai Securities and Exchange Commission started accepting license applications from crypto operators. The largest operator of movie theaters in Thailand is building a digital payment ecosystem in the country through a partnership with Swiss payment company Rapidzpay, the Nation Multimedia recently reported. Founded in December 1995, Major Cineplex currently lists 143 theaters throughout Thailand on its website, 43 of which are in the greater Bangkok area. The group owns “678 screens, including 7 in Cambodia and 9 in Laos, and plans to expand to 1,000 screens by 2020,” Forbes reported in May last year. Among the group’s properties is Thailand’s largest multiplex, the Paragon Cineplex, with 16 s

Largest Cannabis Community Market in Israel to Accept Bitcoin Payments

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Before it was turned into an investment asset, the invention of Bitcoin promised to usher in a world where anyone can pay for anything they like without a need for getting prior approval from the powers that be. The demand for uncensorable transactions still exists, and the latest example of this comes from Israel where the largest cannabis community market has turned to bitcoin payments. Telegrass, an Israeli community-based cannabis marketplace with over 100,000 members, has announced earlier today on social media that it will start charging merchants for some services, offering discounts for bitcoin payments. The community works to promote the legalization of recreational use of cannabis in Israel and offers a platform to connect buyers and sellers via the Telegram network. Merchants can still list their products for free in one city but will have to pay in order to expand their coverage. The new funds raised with bitcoin are meant to help pay the Telegrass staff, which h

Three Reasons why Bitcoin is Programmed to Pump

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I saw an article online and it was well articulated about Bitcoin being programmed to pump. I made a video about it. Highlighting the view of the writer. Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come. It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy. Satoshi Nakamoto, 1/17/2009 Here are the reasons 1. The Hard Supply Cap 2. No One is in Control 3. The Lindy Effect

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