Bitcoin4RegularFolks

(Adrian-Today/Dreamstime) Friday, 20 Oct 2017 03:27 PM Short URL| Email Article| Comment| Contact| Print|     A   A Tweet 0 in Share Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies. The original virtual currency has gained over 500 percent this year, more than any other tradable asset class. Bitcoin though is very volatile - posting gains and losses as high as 26 percent and 16 percent respectively on any given day. On Friday, bitcoin hit a record peak $6,000.10 on the BitStamp platform, and was last at $5,964.24, up 4.7 percent on the day. Bitcoin is a digital currency that can either be held as an investment, or used as a foundation for future...

Bitcoin continues to gain popularity as a digital currency, but what businesses actually accept them? Here are 10 prominent online and brick-and-mortar retailers. By Lyndsey Gilpin | June 18, 2014, 4:00 AM PST Image: FirelightKauai/Etsy It still takes some searching to find places to spend your Bitcoin, but the list is growing. From sports teams to gift card retailers to online outlets, more and more shops are partnering with sites like Coinbase and other digital wallets to make it easier for people to spend their cryptocurrency. Restaurants and other types of brick-and-mortar businesses are starting to accept Bitcoin in person, but it's mostly just individual locations — for example, a Subway sandwich shop in Pennsylvania or an Indian restaurant in California. Right now there are at least 76 restaurants around the country, according to some estimates . As of the time of writing, the going price for a Bitcoin is $621.69. If you've got some to throw around, here is...

1 day ago |  Kevin Helms   |  18504  |  35 Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read:   Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Nikolay Nikiforov. Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting with members of the Moscow Capital Club that Putin has ordered the issue of the country’s own cryptocurrency, the cryptoruble,  AIF newspaper reported on Saturday. This decision followed the meeting that Putin had with Russia’s top regulators last week where he  instructed  the central bank not to create “unnecessary barriers” to cryptocurrencies. Referring to the text of th...

Colombia is poised to economically breakout in coming years due to its blessings of climate and natural resources, a vibrant working-age population, newly arrived at peace, and an embrace of bitcoin. Cryptocurrency conferences, training workshops, are sprouting all over the country in preparation.   Also read:  Colombia Clarifies Stance on Bitcoin Colombia Ascending Mauricio Tovar , blogger and cryptocurrency educator, tweeted plans to hold the  second  conference this year on bitcoin and related technologies in Colombia. Organizers of the first gathering anticipated maybe 300 attendees. More than double that number attended. Topics included basic understanding of the world’s most popular cryptocurrency and proposed government regulation. Mr. Tovar is co-director, and the second conference,  Risks and Opportunities of Cryptocurrencies , is October 17 this month, free to the public, includes seven diverse panels, and will be in the prestigious Pon...

REGULATION 9 hours ago |  Kevin Helms   |  4249  |  11 Russian Businesses Urge Government to Approve Only Domestic Cryptocurrencies One of Russia’s leading public associations of entrepreneurs has sent a proposal to their government asking them to approve only domestic cryptocurrencies in their upcoming cryptocurrency legislation. Also read:   Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Proposal to Government State Duma Building. The Association of Entrepreneurs for the Development of Business Patriotism (Avanti) sent a proposal to the Federation Council and the State Duma on Monday to legislatively permit only the circulation of domestic cryptocurrencies in Russia,  RIA Novosti reported. Avanti is one of Russia’s leading public associations for entrepreneurs and businessmen. Supported by members of the Russian parliament, the association works with entrepreneurs, officials and re...