Posted on

Paypal Co-Founder Says Bitcoin is Underestimated, Compares to Gold

Billionaire venture capitalist and PayPal co-founder Peter Thiel has been a long time proponent of Bitcoin. At the Future Investment Initiative in Riyadh, Saudi Arabia, Thiel once again reiterated the potential of Bitcoin, stating that people are underestimating it.

Long time Bitcoin supporter

Peter Thiel has long been one of the early proponents of Bitcoin. As early as 2013, he stated that Bitcoin has the potential to change the world. As one of the co-founders of PayPal, he recognized the ability of Bitcoin to revolutionize the monetary space. He had long held the view that monetary sovereignty’s time is limited and encrypted money would be the future. In a speech at the University of Chicago’s Booth School of Business, he stated that unlike PayPal, Bitcoin had actually succeeded in creating a currency.

Join The Bitcoin Club

Can you become very wealthy with only $100.00 US?

Find out how…. free for 7 days.  Take a look for yourself, then decide if you’d like to become a paid member.

Join Now!,  It’s the easiest way to get involved in the fastest growing financial opportunities of your lifetime!

With less than one hundred dollars  you’ll become a lifetime member of the club (you never have to pay another dollar of your money).

This is your chance to  join the elite group of bitcoin millionaires. <Join Now>

Digital gold

Peter Thiel believes that Bitcoin could be digital gold and take its place as a reserve currency. He compared many of the features of Bitcoin to gold, like its limited supply and that it is mineable.

It’s like a reserve form of money, it’s like gold and it’s just a store of value. If Bitcoin ends up being the cyber equivalent of gold, it has a great potential left. <Continue Reading>

Posted on

5 Cities That Let You Buy Real Estate with Bitcoin

Bitcoin is a next-gen, all-digital currency that’s already a global phenomenon.

Developed with high levels of security and anonymity in mind, it’s touted as a potential replacement for paper- and coin-based money in the near future.

Some industries, including real estate, are capitalizing on this emerging trend by letting clients buy property via Bitcoin. It’s a significant departure from tradition, but it’s one that is quickly gaining momentum.

1. Miami, Florida

A Miami man recently made news by selling his home in Coral Gables for over $6 mln — or approximately 1,600 BTC.

The steep selling price is enough to rattle the headlines, but Bitcoin has been a part of the Miami real estate market for several years. Although it was only launched in 2009, tech-savvy real estate agents, investors and buyers quickly embraced the new cryptocurrency.

Realtors in the area are confident that South Florida — particularly Miami — is an ideal market for Bitcoin. They cite the worldwide reach of Bitcoin as a primary factor in driving increased interest and attention to the region. Using an alternate form of currency opens up properties to buyers and investors from all over the world, including Asia, Canada, South America and more.

2. Dubai, UAE

The United States isn’t the only country to capitalize on the growing Bitcoin trend. A developer located on the Isle of Man recently announced plans for a joint residential-commercial development valued at $325 mln. Prospective residents will be able to use Bitcoin to purchase their property, with studio apartments starting at 33 BTC and one-bedroom apartments from 54 BTC — or approximately $250,000.

Some of the development’s units have already been sold for modern currency, but the remaining residential properties are reserved for Bitcoin purchases. Commercial units are not currently available for purchase via the popular cryptocurrency.

3. New York, New York

Investors and real estate agents in The Big Apple also believe Bitcoin is the way of the future. The team with Magnum Real Estate is assuming a huge risk by accepting Bitcoin for deposits and purchases for recently converted apartments in Manhattan’s East Village. Known as Liberty Toye, the property represents a huge shift in the way we conduct business this century.

Real estate investment trusts have been looking to diversify their portfolios this year, and New York City provides the ideal launching ground. Known as an entrepreneurial-minded city that isn’t afraid to take risks, we already see homes and apartments available for Bitcoin. It’s only a matter of time until commercial buildings follow suit.

4. Lake Tahoe, California

The popular vacation destination of Lake Tahoe accepts Bitcoin, too. An unnamed buyer recently purchased a 1.4-acre property with Bitcoin on a 42-site resort. The undeveloped property sold for $1.6 mln, or 2,739 BTC, making it the largest Bitcoin-driven real estate transaction at the time it happened in 2013.

According to reports, the Bitcoin purchase was originally the buyer’s idea. While we haven’t seen any further developments involving Bitcoin in the Lake Tahoe real estate market, the sale shows off the potential of digital currency in the industry and opens the way for future deals in both the residential and commercial sectors. <Continue Reading>

Join The Bitcoin Club

Can you become very wealthy with only $100.00 US?

Find out how…. free for 7 days.  Take a look for yourself, then decide if you’d like to become a paid member.

Join Now!,  It’s the easiest way to get involved in the fastest growing financial opportunities of your lifetime!

With less than one hundred dollars  you’ll become a lifetime member of the club (you never have to pay another dollar of your money).

This is your chance to  join the elite group of bitcoin millionaires. <Join Now>

Posted on

Bitcoin Price $25k is Conservative

Serial strategist Tommy Lee has added to finance experts predicting sky-high Bitcoin prices of $25,000 or more.

In an interview with Business Insider, Lee, who is already known for his bullish stance on Bitcoin versus Wall Street, repeated common speculation that capturing the power of gold is key.

Future Bitcoin Price $25k is a Conservative Estimate

Five percent of gold’s market cap, his research suggests, would give rise to a “conservative” estimate of $25,000 per coin.

Five percent rule too conservative

“It’s a very — it’s actually the most conservative collection of elements to get to the five percent. Because number one, we assume that gold only appreciates essentially a nominal GDP. So there’s no inflation,” he told host Sarah Silverstein.

The five percent figure has frequently surfaced from sources throughout the cryptocurrency industry. Lee, however, thinks the potential for considerably higher prices is “easy.”

“The five percent number really reflects the assumption that investors will allocate in their blended portfolio only five percent to alternative currencies,” he continued.

“Today, that allocation is much greater, it’s closer to 10 percent or 15 percent in some portfolios. So, at a five percent allocation it would value Bitcoin at $25,000. You could easily get to $100,000, $200,000 numbers.”

Bitcoin prices have retraced slightly this week after a new surge that saw the virtual currency almost hit $6000 for the first time.

The Bitcoin Club

Join the club free for 7 days, take a look, then decide if you for yourself if you’d like to become a paid member! Act Now, it is the easiest way to begin making a substantial income with just a few hundred dollars to become a lifetime member of the club and you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

Posted on

Wall Street Driving Bitcoin Price Higher, Says Bloomberg

Wall Street is driving Bitcoin’s price rise this month according to Bloomberg, even as Goldman Sachs still picks gold over crypto.

In comments on Bloomberg TV, the publication’s analyst Edward Robinson said bank clients are “knocking on the door” after seeing charts showing Bitcoin’s 2017 growth. He commented:

Wall Street Driving Bitcoin Price Higher, Says Bloomberg

“I think Wall Street may actually be responsible for driving the price, because it’s with every announcement that Wall Street is thinking of embracing Bitcoin as a new asset class that we start to see this surge.”  <Continue Reading>

The Bitcoin Club

Join the club free for 7 days, take a look, then decide if you for yourself if you’d like to become a paid member! Act Now, it is the easiest way to begin making a substantial income with just a few hundred dollars to become a lifetime member of the club and you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

 

Posted on

4 Things That Can Push Bitcoin to $5,000 and Beyond

Those with even the shortest memory will recall that Bitcoin price just about broke the $5,000 mark in early September, before a substantial sell-off coincided with some vitriol from Jamie Dimon, and China cracking down on ICOs.

4 Things That Can Push Bitcoin to $5,000 and Beyond

Now, however, the digital currency has bounced back and is well on its way to $5,000 again. There are a few factors that’ve got it here – none more so than the fact it was the best performer through the third quarter.

However, there are still a few factors that are pushing it, and a few reasons why $5,000 is on the horizon, if not even higher.

The return of the buzz

There is no doubting the fact that China’s approach, and Jamie Dimon’s attack, caused a perfect storm for Bitcoin belief. It was the coming together of the digital currencies’ two big enemies – institutionalised money and regulators – who were flexing their muscle in a show of perhaps fear.

However, those attacks have come and gone, and Bitcoin is none the worse for them, as there’s a buzz returning. What will really catalyse it will be a rollback of China’s ban – something that’s possible with an upcoming Communist party election – or perhaps Jamie Dimon to have a change of heart.

Financial crisis

Bitcoin has already shown that it laughs in the face of impending global disaster when the global market fell almost a percent as tension between the US and North Korea spiked.

“Bitcoin is a safe haven that is unaffected by normal market factors, and as these factors continue to escalate there could be a bigger trend towards digital currencies.”

The Bitcoin Club

Join the club free for 7 days, take a look, then decide if you for yourself if you’d like to become a paid member! Act Now, it is the easiest way to begin making a substantial income with just a few hundred dollars to become a lifetime member of the club and you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

Wall Street stamp of approval

While there’s a major dividing line on the allegiances of Wall Street bankers and institutions, many more are coming over to the digital currency side, leaving Dimon and Jordan Belfort stranded.

It was the arrival of institutionalized investors after the Aug. 1 split that saw Bitcoin tear off on another rally, and another big boost of endorsement from these trusted investors could be a tipping point.

Free money

At the end of October there is another fork coming to Bitcoin in the form of Bitcoin Gold, however, the term ‘fork’ is used quite lightly in this instance.

“It’s more of an air-drop than a chain split. Everybody that owns Bitcoin will also own Bitcoin Gold once the network goes live, but transactions on the Bitcoin Gold network won’t affect Bitcoin’s network, or vice versa.”

Thus, many think that Bitcoin is booming – and altcoins declining – because there’s a chance of doubling your haul when this fork comes at the end of the month.

Posted on

Swiss University Accepts Cryptocurrency for Tuition

Bitcoin’s adoption keeps breaking boundaries as houses, expensive art, and now university tuition can be paid with the digital currency. As a sign of general acceptance, this must rank pretty high, as universities are places where the newly educated are learning.

Swiss Bitcoin haven

Switzerland has already shown itself to be a popular choice for Blockchain, digital currencies, and all things crypto as many individuals, as well as the government, embrace the technology.

Now, certain universities are adopting the payment method of Bitcoin for tuition, albeit with a few caveats. The Lucerne University of Applied Sciences and Arts in Switzerland announced the decision to accept Bitcoin payments.

The university has identified that Bitcoin is on the cutting edge of new technologies, and seemingly appreciates the direction in which cryptocurrency is heading.

“Its [Bitcoin’s] ability to disseminate knowledge on cutting-edge technologies such as Blockchain, as well as its desire to gain experience in the practical aspects of this novel area,” the University said.

Considering the type of university that Lucerne is, it makes sense that they would be one of the groundbreakers for Bitcoin. There’s a strong focus on financing and economics, as well as liberal subjects <Continue Reading>

The Bitcoin Club

Join the club free for 7 days, take a look and then decide if you for yourself if you’d like to become a paid member! Act Now, it is the easiest way to begin making a substantial income while attending school.  Just a few hundred dollars to become a paid member of the club and you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

Posted on

Cryptocurrency Hedge Fund Cofounder Matthew Goetz Compares Bitcoin to the Internet in the 1990s

Digital currency hedge fund BlockTower Capital cofounder Matthew Goetz claimed that Bitcoin and other cryptocurrencies are like the Internet in the 1990s. He said that bets during the early days of the Internet were risky just like the investments in the digital currency market as of October 2017.

Cryptocurrency Hedge Fund Cofounder Matthew Goetz Compares Bitcoin to the Internet in the 1990s

According to Goetz, the claims that the virtual currencies are one of the disruptive technologies of today are correct. He also compared the cryptocurrencies to the Internet in the 1990s.

“You could be right on the thesis that cryptocurrencies are transformative and you could make what you think is the right bet at the time, but remember one time you had Yahoo and then this thing called Google came along.”

Goetz’s other comments and predictions

The digital currency market worldwide has registered a meteoric rise in 2017, with more than 1,000 cryptocurrencies already in circulation. Bitcoin, the leading virtual currency, posted a significant price increase as it rose by over 450 percent to almost $4,400 per token.

Goetz, however, argued that Bitcoin will not remain as the top-dog digital currency forever despite its phenomenal rise. He added that Bitcoin and the other virtual currencies can be toppled by a cryptocurrency with superior technology.

“Bitcoin is the most entrenched, it has very stable protocol, it doesn’t change a lot, and it has a very strong developer base, but at the end of the day, it is still software. There is some chance that something an order of magnitude better than Bitcoin, technologically, could come along.”

The Bitcoin Millionaires Club

Join the club free for 7 days, take a look and then decide if you for yourself if you’d like to become a paid member! Act Now, it is the easiest way to begin creating wealth.  Just a few hundred dollars to become a paid member of the club and you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

Goetz, however, claimed that in order for a rival cryptocurrency to replace Bitcoin, it should have significantly better capabilities than the crypto top dog. He cited as an example how Facebook has toppled MySpace as the favored social media site. <Continue Reading>

Posted on

Billionaire Mark Cuban Claims Cryptocurrencies Are The Future

American tech billionaire investor and television personality Mark Cuban has recently claimed that he sees Bitcoin and its underlying Blockchain or distributed ledger technology (DLT) as the way of the future.

He also countered the various claims that the leading digital currency is not real and has no intrinsic value.

In an interview with Bloomberg, the renowned American businessman claimed that Bitcoin is just like the traditional stocks that investors can buy and sell.

Billionaire Mark Cuban Claims Cryptocurrencies Are The Future

“…it’s interesting because I think there are a lot of assets that have values based on just supply and demand. You know, most stocks, they don’t have any intrinsic value, no true ownership rights, no voting rights, you just have the ability to buy and sell those stocks. They’re like baseball cards and I think Bitcoin is the same thing…”

Cuban also said that he has been looking to buy into Bitcoin and the cryptocurrency market ever since and he confirmed that he already invested in the leading digital currency, as well as some initial coin offerings (ICO).

“”..I have bought some, bought it through an ETN based on a Swedish exchange because that gave me liquidity. I am also involved with ICOs, actually token sales, because I think Blockchain is a great platform for future applications…”

His most recent statements are quite far from his previous perception as he earlier called Bitcoin as ‘bubble’. His company’s recent moves, however, seem to be bullish of cryptocurrencies as his team have been investing in ICOs and Blockchain projects. <Continue Reading>

The Bitcoin Millionaires Club

Join the club free for 7 days, take a look and then decide if you for yourself if you’d like to become a paid member! Act Now, it is the easiest way to begin creating wealth.  Just a few hundred dollars to become a paid member of the club and you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

Posted on

Bitcoin Gold

Before the dust has even settled on Bitcoin’s civil war, which saw an acrimonious disagreement about how Bitcoin should handle its scaling debate, the major digital currency could be splitting again.

Bitcoin Cash was threatened, laughed off, created, boomed, and them fizzled out as Bitcoin carried on its merry mooning way, now with more capacity because of SegWit. Bitcoin Cash was the alternative to SegWit where blocks were blown up to monstrous proportions.

Bitcoin Gold, as the new potential hard forking currency will be called, is now an attempt to wrest the lucrative mining component of Bitcoin out of the hands of the giant firms that have monopolised the creation of the digital currency.

The people’s fork?

The new fork, set to reach landfall on October 25, is aiming to democratize mining. Mining farms and pools hold all the cards within Bitcoin, both as a voting demographic and as manipulators of things like price and fees.

Bitcoin Gold wants to see at-home enthusiast miners back in control. The project was apparently co-founded by Jack Liao, CEO of Hong Kong-based Bitcoin mining company LightningASIC. LightningASIC also conveniently sells the hardware that this new market of miners will need.

This fork seems to be a reaction to the general hatred that is flung towards Chinese mining giant Bitmain who, along with their controversial leader Jihan Wu, had a big part in the creation of Bitcoin Cash.

It must also be noted that Bitcoin Gold is different from another fork that is scheduled for November: Segwit2x. The November fork is aimed at increasing the capacity of the network where as the Bitcoin Gold split is looking to cut more people in on the mining pie. <Continue Reading>

Bitcoin

Bitcoin Millionaires Club

Joining a bitcoin club is the easiest way to begin creating wealth. With as just a few hundred dollars, you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

Posted on

Travel Agency Exclusively Accept Bitcoin

In efforts to embrace Bitcoin and other cryptocurrencies, Gozo, Malta-based travel agency Bitcoin Adventures has decided to offer its clients package holidays that are paid exclusively with Bitcoin.

The move has got its first two tourists as of early October, Lovin Malta reports.

In the agency’s promotional video, co-founder Leon Siegmund said that they intend to promote Bitcoin as a better form of payment.

Malta-Based Travel Agency Decides to Exclusively Accept Bitcoin Payments

“Bitcoin is better money because there is no central bank, no inflation, and no transaction fee involved, and sending money just involves two people and a smartphone. The problem is that nobody uses Bitcoin so nobody thinks it works, and because nobody thinks it works, nobody uses Bitcoin. We are trying to disrupt the status quo here. You can now book an amazing adventure holiday in Gozo and pay with Bitcoin, so the local merchants get more bookings and revenue, and start seeing Bitcoin as better and beautiful banking.”

Malta and Bitcoin

The agency has already signed up its first ever tourists under its promotion – Japanese citizen and infrastructural support engineer Takesho Koide and his wife. Koide claimed that he wanted to visit Malta the moment he saw online photographs of the Blue Lagoon and street cars.

Rather than booking with a regular travel agency, however, he and his wife have chosen to take the kayaking trip and three-night stay in Gozo offered by Bitcoin Adventures.

According to Koide, the use of Bitcoin as payment is increasingly becoming popular in Japan, as a growing number of retail stores are already accepting Bitcoin as a form of payment.

Bitcoin Millionares

Joining a bitcoin club is the easiest way to begin creating wealth. With as just a few hundred dollars, you can be on your way to joining the elite group of bitcoin millionaires. <Join Now>

“Bitcoin payment is becoming popular in Japan, because multiple retail outlets have started to accept Bitcoin payment. If this method is applicable for my future trips, I would like to make use of it as much as possible.” <Continue Reading>