Top news and views about Bitcoin and Cryptocurrency for 26 Jun 2017
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Superiorcoin and Cryptocurrencies Interview with @MichaelQTodd
Published on 21 Jun 2017
Superiorcoin and Cryptocurrencies Interview with Michael Q Todd is an interview with Michael Q Todd with regards to Cryptocurrencies like Bitcoin and how they will be used in everyday life, he also speaks of Superiorcoin which has been in development for many years and is now looking to be released to the public. Michael also talks about Crowdify a platform where both bitcoin and superiorcoin are currently being used in real time, real life transactions for web development and marketing, you can check out both here at the links below.
Join Crowdify Here --- http://bit.ly/2ccfCur ---
Buy Superiorcoin Here --- http://bit.ly/2rSjWvw ---
Full story at http://bit.ly/2rSvhYF
Bitcoin Will Make Lots of Millionaires Before “Returning Down to Earth”: Economics Professor
Despite its price volatility, Bitcoin is likely to make more millionaires.
Panos Mourdoukoutas, chair of the department of economics at LIU Post in New York City, whose works are published by Forbes and The New York Times, thinks Bitcoin is likely to turn more individuals into millionaires before its price dives again.
Bitcoin recently reached an all-time high of $3,000 this June after a huge correction to $2,682 from $2,957 in the period of two days. This is after tech billionaire Mark Cuban reportedly called Bitcoin's recent price surge a bubble.
However, this is not the case since the cryptocurrency is showing an uptrend, based on its recent price of $2,831 and its continuing upward trend.
Full story at http://bit.ly/2sVA8M4
Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer
The block size debate has been going on since Satoshi Nakamoto put a 1MB limit on blocks in 2010, which only allows for a certain amount of transactions per block. More recently the ‘community’ has been divided talking about a variety of ideas that could help blocks hold more transactions as bitcoin becomes increasingly more popular.
One of the ideas right now is Segregated Witness (Segwit), a soft fork protocol designed to remove witness data from transactions which theoretically will add more space for additional transactions. Then the other side of the community wants to implement a hard fork that would change the 1MB block size limit to either 2MB, 4MB, 8MB, or even unlimited block space.
For a long time now Bitcoin proponents have yet to implement any of these plans. There has been a stalemate for quite some time between businesses, users, miners, and many individuals involved in the bitcoin economy. Now certain members of the bitcoin community seem to be moving a lot closer to attempts towards activating their plans on the bitcoin network.
Full story at http://bit.ly/2rST4aQ
Analyzing Ether: A Bitcoin Investor's Skeptical Take
I've been following (and holding) bitcoin since 2012. I admit that until recently, I've largely ignored altcoins because none of the early cryptocurrencies offered any substantial advantage over bitcoin. At best, they were clones with a few minor tweaks, at worst, heavily pre-mined "scamcoins" primarily designed as a money grab scheme for developers and a few promoters.
After seeing a few dozen of those, I had seen enough.
But today, due to the scaling issue, bitcoin is in a crisis, and altcoins have overtaken bitcoin in market cap. While many will consider me a lucky early bitcoin adopter, clearly, I'm late to the altcoin party. So, it was long overdue that I took another look at this market to see if perhaps today there is a credible alternative to bitcoin or some promising coins to help me diversify my crypto investment.
So, I dove in, started reading and talking to people, to see what the buzz was about.
Full story at http://bit.ly/2rStyCE
Will Amazon Finally Fold to Demands and Accept Bitcoin?
Amazon has been in the news a lot lately, thanks to their constantly improving technology prowess and their acquisition spree in the retail scene. While the company continues to support tech companies and even blockchain projects through AWS indirectly, it hasn’t been that friendly when it comes to Bitcoin as a payment method.
The cryptocurrency community has been incessantly requesting the online retail giant to introduce Bitcoin as an additional payment option, which has so far gone futile. Now in a renewed attempt, people have created an online petition urging Amazon to start accepting Bitcoin. The petition on a well-known online advocacy and petitioning platform, Change.org comes at the time when the popular cryptocurrency is exhibiting a positive price trend, with increased stability.
According to reports, 5381 petitioners have already signed the campaign. The demand doesn’t stop here as some also believe that the e-commerce major should extend support for Litecoin as well. The Change.org petition shows that people are becoming more comfortable spending cryptocurrencies to purchase goods and services. Making a case in favor of Bitcoin, the petitioners state the following reasons for why Amazon should introduce Bitcoin payments;
Low transaction costs, decentralized currency, low inflation due to finite supply, easy accessibility, non-reversible payments, and of course, the security offered by the cryptocurrency.
Full story at http://bit.ly/2rT0Kto
5 Reasons Why You Should Add Bitcoins Into Your Retirement Portfolio
Bitcoin value has steadily been growing, reaching its newest all-time high. The successful developments have attracted more and more people, with a rising curiosity in jumping on to the cryptocurrency bandwagon.
Day traders and cryptocurrency enthusiasts are not the only people who are dilly-dallying about this game-changing opportunity.
Individual Retirement Accounts (IRA) are tax-advantaged tools that enable people to save for their retirement. Companies have expanded their accounts, with BitcoinIRA making Bitcoins available to its US retirement accounts since 2016.
Investing in Bitcoin is still highly speculative. However, if progress continues in that businesses openly accept Bitcoin, in conjunction with a positive public opinion, there is a strong possibility that the price of BTC will reach $100,000 in 10 years or less. This is a stunning investment and a new addition to a diversified portfolio.
Full story at http://bit.ly/2rStHWA
Prepared by @SydesJokes
Original post from: http://Blog.CrowdifyClub.com/
Check the "Crowdify Club Bitcoin and Crypto" Facebook Group: https://www.facebook.com/groups/crowdifycrypto/
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