Tokenbox TGE successfully finished, raising more than $7 million in total

Tokenbox team is happy to announce that the tokensale has finally come to an end, and the results are undeniably […]

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Bitcoin Price Drops to Lower 9000s in Flash Crash

After establishing an all-time high near 11,300-fiat mark, Bitcoin price dubiously ditched the uptrend and fell towards lower 9000s on Wednesday night. It is not a normal price action, to be honest. But going by the history of Bitcoin market, the aforementioned relapse doesn’t surprise. Bitcoin has always expressed exaggerated upside-downside price actions in the … Continue reading Bitcoin Price Drops to Lower 9000s in Flash Crash

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Truckcoin – The Fastest Payment Processing Cryptocurrency ICO to Launch on 1st December 2017

truckcoin logoCryptocurrencies have never really been fully adopted by the public mainly due to the complexity of operating such accounts. However, Truckcoin is about to change this by offering the first fully digital personal banking platform. Truckcoin seeks to increase the adoption of cryptocurrencies by specifically encouraging improving the speed of payment processing. The evidence of the anticipation the market can be seen in the success of the Pre-ICO. Most recent cryptocurrency Pre-ICOs have flopped because the platforms did not offer something new. It was the same type of altcoin only with a different name. However, once enthusiasts got wind of

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John McAfee Ups His 2020 Prediction to $1,000,000/BTC

People thought John McAfee was completely insane earlier this year when he made his $500,000 price prediction. The entrepreneur has made no secret of his bullishness for Bitcoin over the years. However, in September, he boldly Tweeted out a price call that seemed straight out of a Lambo-fetishistic Facebook crypto group. Always eccentric, the cyber … Continue reading John McAfee Ups His 2020 Prediction to $1,000,000/BTC

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Bitcoin Price Watch; Here’s Where To Look Next

To say that it has been a wild day in the bitcoin price space would be an understatement. Overnight last night, we saw bitcoin break through the $10,000 mark and, in doing so, we saw it bring down a long-term upside target and one that many have suggested in the past that bitcoin would never … Continue reading Bitcoin Price Watch; Here’s Where To Look Next

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This Bitcoin Domain Can Be Yours for $2.75 million

This Bitcoin Domain Can Be Yours for $2.75 million

A rising tide floats all boats and a rising bitcoin inflates all domains. Stocks in graphics card manufacturers and crypto mining companies aren’t the only beneficiaries of the bitcoin bounce: BTC-themed web domains are also hot commodities. Sellers are asking hundreds of thousands of dollars for prime bitcoin domains, with some even priced into the millions.

See also: Stay Safe By Keeping Your ‘Bitcoin Business’ to Yourself

Bitcoin Enters the Public Domain

The bitcoin brand has soared in tandem with its market cap, with enterprising vendors cashing in on the cryptocurrency craze. Purveyors of a memorable bitcoin domain will need to dig deep though to claim a desirable URL. While the best bitcoin domains have already been snapped up (you’re looking at one of them), bitcoin.tv is still available for $350,000. Just two weeks ago, it was priced at $275,000, proving that bitcoin’s upward trajectory really does drag everything heavenward with it.

Domain provider Uniregister has a host of bitcoin-based titles available to monied buyers seeking to splash the cash and declare their intent. For aspiring buyers who can’t quite stretch to bitcoin.tv’s $350k price tag, bitcoin.car can be bought for just $2,888.

This Bitcoin Domain Can Be Yours for $2.75 million

Did Someone Say Blockchain?

Blockchain has become one of this year’s buzzwords for better or worse. It should come as no surprise therefore that blockchain-based names are also attracting a high premium. Anyone considering forking out the $2.75 million required to obtain blockchain.us had better have a killer app utilizing bitcoin’s underlying ledger if they’re to recoup their investment.

Disciples of the enigmatic Satoshi Nakamoto, meanwhile, may be tempted to hand over the $8,500 it will take to secure satoshitobitcoin.com. It’s just a shame the URL reads so unfortunately.

Bitcoins Are Scarce, Bitcoin Domains Likewise

Just because a domain is advertised for an exorbitant price doesn’t mean there are going to be any takers. It’s hard to imagine anyone coughing up the $1.5 million required for such dot-coms as cryptocurrencyoffers, cryptocurrencyhacked, or cryptocurrencyvillas.

This Bitcoin Domain Can Be Yours for $2.75 millionBitcoin might command the highest cryptocurrency market cap, but when it comes to domains, it’s the second most valuable coin – ethereum – that is dominating the domain game. Anyone wishing to host their WordPress blog on ethereum.com will need to pay a cool $10 million. While that particular URL has yet to be snapped up, eth.com went for a reported $2 million back in October.

Bitcoin.casino, on the other hand, was sold for a bargain $28,000 in March. Had the seller only hodled, there’s a good chance they could now have flipped that domain for several times its original price. Bitcoin’s still got a long way to go before growing demand causes domains to reach record levels. The highest price ever paid for a web domain was $90 million for Lasvegas.com.

Do you think premium bitcoin domains are overpriced? Let us know in the comments section below.


Images courtesy of Shutterstock.


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Bitcoin Flies to $11,000: Central Banks Warn of a Bubble

Bitcoin steamed past the huge psychological barrier of $10,000 yesterday. Since then, it’s shown little sign of letting up. Less than 24 hours since it reached five-figures for the first time, the world’s most popular cryptocurrency continued on its rise topping out at around $11,500 on Wednesday afternoon. It has since retraced somewhat to around $11,000 at the time of writing. Of course, it wasn’t long before representatives of central banks passed comment on the historic moment of BTC reaching five-figures.

The rise of Bitcoin throughout 2017 has been spectacular. Since January, the digital currency has delighted investors with its incredible 11x gains. In fact, without including other cryptocurrencies, Bitcoin is without doubt the hottest investment of the last twelve months. If the current trend is anything to go by, it’ll likely go down as the biggest money spinner of the entire decade too.

Whilst the story told by the market is clearly one of immense optimism, not everyone is quite so positive. Neil Wilson, the senior market analyst at ETX Capital referred to “the madness of crowds” when referencing the dramatic rise. He went on to tell the Guardian:

[Bitcoin’s] up more than 14% today alone and the year-to-date chart is simply staggering. There are no fundamentals or technicals that explain this other than it being a massive speculative bubble.

Meanwhile, deputy governor of the Bank of England, Sir Jon Cunliffe, told BBC Radio 5 Live that he didn’t think of Bitcoin as a currency at all. Curiously, he based this on a lack of a central bank backing it up. He prefers to term Bitcoin a commodity. However, it’s classified, the central banker went on to say that the market capitalisation of it wasn’t sufficiently large enough to pose a risk to the global economy should it burst. Unfortunately, he didn’t comment on how much a risk cryptocurrencies in general pose those who control the global economy, however.

Meanwhile, William Dudley of the Federal Reserve echoed Cunliffe’s sentiment. He advised caution because “it’s not a stable store of value” – quite rich coming from the president and chief executive of a central bank that outright refuses to be audited. 

Some commentators had a less dismissive outlook for Bitcoin, however. Dennis de Jong of the online currency brokerage UFX suggested an even higher short term price of $15,000, and even hinted at greater stability in the future:

“Until bitcoin becomes a commonly used payment source, it’s very possible that it could hit $15,000 and beyond based on its current desirability… If bitcoin falls into wider circulation, and becomes accepted into more conventional funds and exchanges, we are likely to see a normalisation of its value.”

 

Image: PixaBay

 

 

 

 

 

 

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Bitcoin Flies to $11,000: Central Banks Warn of a Bubble

Bitcoin steamed past the huge psychological barrier of $10,000 yesterday. Since then, it’s shown little sign of letting up. Less than 24 hours since it reached five-figures for the first time, the world’s most popular cryptocurrency continued on its rise topping out at around $11,500 on Wednesday afternoon. It has since retraced somewhat to around … Continue reading Bitcoin Flies to $11,000: Central Banks Warn of a Bubble

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Michael Novogratz Predicts Bitcoin at $40,000 by Late 2018

TheMerkle Novograt Bitcoin price 40kWe have never seen so many optimistic Bitcoin price predictions than during the past few months. It seems everyone is very bullish on Bitcoin right now, and Michael Novogratz has made one of the bolder statements in this regard. In his opinion, there is no reason why the Bitcoin price couldn’t surpass US$40,000 by the end of 2018. That is a pretty optimistic forecast, as it would represent a 300% increase from today’s price. Whether that is achievable or not remains to be determined. Michael Novogratz is Uber-Bullish on Bitcoin It is still rather remarkable that a lot of former financial experts have suddenly turned to

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CREDITS startup project as a response to the globalization of the cryptocurrency industry

By the tenth year of the existence of the bitcoin, many had begun to take stock, stressing the enormous scale […]

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