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Investment opportunities in the market are on the rise with several IPO releases in 2019. Already, existing current players include Uber, Lyft, Pinterest, as well as Beyond Meat. Other promising companies rumored to offer shares to the public within the year include WeWork, AirBnb, and Slack.

The offers sound like a great investment opportunity for the community as they allow people to hold shares in a company they probably know little about. However, these tech startups come with the challenge of enriching the inner circle (rich venture capital investors and private fund managers) and not the young investors. The long-term effect is that the rich become even richer as the young investors struggle with the peanut profits. Bitcoin vs other tech startups advantage is the main focus.

Why Bitcoin is a Democratic Startup

Looking at the traditional investment startup model, it works just fine but it comes with the downside that a few persons benefit heavily. Withbitcoin, the risk of investment applies equally across the table for every investor. Entrepreneur Naval Ravikantin an incisive tweet says:

“The most valuable startup of the last decade didn’t raise money, didn’t have employees, gave away the cap table, and let anyone invest.”

He insists that when a startup needs to raise funds and employ several employees, part of the profits from an investment does not trickle down to the investors. What is left of the investment also finds its way to the major shareholders by a large margin. Also, the government places huddles making it difficult to invest as startups unless they are accredited investors. The accredited are normally the filthy rich in the market. As such, the startup investment favors the elite.

For example, Uber’s investors include some famous people including Jeff Bezos and Chris Sacca. They managed to turn their investment to $700 million and $2 million respectively by the time the stock IPOed.

Bitcoin transparency on the other hand was open to everyone on a level playing field. In addition, governments or financial bodies cannot control the market. Bitcoin founder gave away the equity in the project ensuring that every team player benefits equally depending on his or her investment. This is in contrast to other startups that enrich the founder first.

In the past, tech companies offered shares to the public only after they were profitable. Investors were only willing to invest where they were sure of making returns. Recently, companies are offering IPO investment even when they are struggling financially. A recent example is that of Lyft. The company offered an IPO price listing of $87 and after a short period, it dropped gradually to $58.

The ordinary investor loses financially after shouldering high risk without any certainty of financial recovery. The inner circle remains rich after bagging their returns during the IPO release. In the previous year, the trend remained similar with just two companies out of fifteen making profit as compared to the IPO price offer per share.

Raising the argument, that generating profits from bitcoin is questionable as compared to making major losses from other tech startups. It is a concern that institutions and companies such as Uber and Lyft, which shun bitcoin are not making profits for their investors.

The success of bitcoin

Currently, bitcoin has provided value for investment as compared to other recent tech startups. It aims to apply the aspect of democracy by letting everyone in, including the ordinary person, and it is not limited to operations by facilities such as governments or bankers. Bitcoin seeks to offer a level field playground for all its shareholders.

https://www.bitcoinofamerica.org/blog/bitcoin-sets-a-new-price-record-for-2019/

https://www.bitcoinofamerica.org/blog/why-startups-like-blockchain-technology/

https://www.ccn.com/forget-overhyped-tech-unicorns-bitcoin-best-startup-ever

https://www.bitcoinofamerica.org/blog/how-is-blockchain-technology-making-bitcoin-safe-and-transparent/

This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.

The post Bitcoin: Offering a Level Playing Field For All Investors! appeared first on Bitcoin Of America.

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Since its creation, blockchain technology has faced numerous misconceptions. These misconceptions rise from different circles, some well vast with the technology and others with little or no knowledge at all. These misconceptions have led many astray from the greater picture and embracing blockchain use.

Blockchain, being one of the most recent technologies we have today, has provided more than many had hoped. From cryptocurrency technologies to providing solutions for supply chain and renewable energy, blockchain’s power is immeasurable. Recent answers by Jerry Cuomo, IBM Fellow and Vice President Blockchain Technology gave more light on what blockchian technology is really about.

Firstly, there is one misconception that blockchain equals bitcoin. This could not be further from the truth. This misconception is one that generated from when bitcoin first emerged. Those that are well vast with the technology know that bitcoin and other crypto form a small fraction of the entire blockchain system. Though there is more knowledge on these technologies, a few still cannot tell the difference.

Another common misconception is the belief that for an application to be true blockchain, it has to publicly, anonymous network driving the value around cryptocurrency. Then there is the belief that blockchain networks have to be completely public, permission-less network to be a blockchain in all variations. It is important to note that there is a big different between galvanizing blockchain into public or private, and in general confusing talks around “permissioned” networks.

People should stop assuming that permission equals private. For instance, some of the most vibrant public networks out there are permissioned. These include the Stellar Network, Sovrin Network, and Hedera.

Another common misconception is The Linux Foundation’s Hyperledger Project is the same as IBM. Despite playing a big role in creating the Hyperledger Project, IBM is not entirely responsible for the project. This project saw 190 other entities come together to create the solution. It is generally wrong to acknowledge one player in the team and leave everyone else.

While we are talking about the Hyperledger Project, people should also note that the Hyperledger community is not completely opposed to the Ethereum community. People should stop the notion that one has to belong in one or the other community. Generally, they both are about open innovation. In fact, both communities have already formed partnerships in different communities. Despite being completely different, Hyperledger community is focused on code and open source specifications, while Ethereum community is focused on specifications and interoperability, both find ways to work and bring innovations for their communities like the Token Taxonomy Initiative.

Lastly according to Cuomo another common blockchain misconception is that blockchains are not ready for enterprise because they lack a number of key elements such as security, privacy, and performance. While this might be the case, some of today’s best innovations are actually based on blockahin chain. Best examples created using this technology are permissioned blockchains and Hyperledger Fabric.

Recently, the University of Waterloo showed how Hyperledger Fabric nodes or peers could be re-ordered or re-assembled to streamline processing. This allows up to 20,000 transactions per second.

Some banking institutions are incorporating blockchain it their systems for better, services, secure transactions and utilizing all blockchain has to offer.

Other misconceptions not mentioned by Cuomo are there is only one blockchain and blockchain is just storage. Though one of the many blockchain uses storages, blockchain could be used for many other applications.

Notably, people should understand that smart contracts are not regular real life contracts on the blockchain. Smart contracts are programs that execute exactly as they are set up to by their creators and have no relation with legal contracts in real life.

References: https://www.forbes.com/sites/quora/2019/05/29/what-do-people-misunderstand-about-blockchain-technology/#32c5c5bc5e39

 

This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.

The post Clearing Misconceptions About Blockchain Technology appeared first on Bitcoin Of America.

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Bitcoin BTC has set a new yearly high, reaching as high as $8,905 before slightly retracing. Apparently, BTC has gained over 40% of the balance since the start of the year, a performance that is close to 45% from the lows recorded last year in mid-December. According to Coin Market Cap (CMC), the price rally was also accompanied by a large uptick in the 24-hour trading volume; an increase of $10.3 billion was added overall. (Data numbers taken from https://www.coindesk.com/bitcoin-hits-new-2019-high-above-8900)

Notably, BTC broke from an ascending triangle pattern on the daily chart after being held beneath $8,250 for quite a long time. The move towards this great high was recorded at 19:00 UTC on the 26thof this month following the $6,600 Bitcoin price drop on May 17.

BTC’s High Record Rise against Argentine Peso

Apparently, the high rise record happened to be more impressive in Argentina as it pushed Bitcoin towards 400,000 Argentine Pesos (ARS). The move followed a huge volume in BTC transactions from the South American nation.  BTC transaction volume has risen consistently in Argentina despite the fact that inflation has posed a real threat to the state’s local currency. Allegedly, BTC transaction volumes have hit almost $14 million weekly in recent weeks.

Last year, inflation in Argentina surged by 50% and this year, the figure is expected to rise up to 86%. Already, the Argentine Peso has lost 83% of its value against the dollar in the past one year. Other inflation-tone countries, such as Sudan, Venezuela and Argentina are turning to crypto coins so as to preserve their wealth. –This greatly explains why the BTC high rise impacts so much on Argentina.

Ethereum Fails to Hit a New Rally

Asides from BTC other cryptocurrencies have also started showing life once again. Litecoin (LTC) and EOS have also pushed to new rally highs, hitting their highest levels in a year. Other major crypto coins have however failed to reach new highs, while Dash and Monero also got close to their respective highs thanks to the broad weekend rally. Ripple’s XRP on the other hand, is holding at its recently achieved high of $0.4 and seems to be aiming higher. TRON showed a nearly 14% appreciation, and Bitcoin SV (BSV) showed a nearly 17% high.

Despite the fact that Ethereum (ETH) did not skyrocket to a new high, the crypto coin managed to gain ground together with the broader market and is currently testing the $275 price level.

Possible Reasons behind the BTC Rise              

  1. Bitcoin halving, which is simply the process by which the amount of Bitcoin (BTC) “created” and earned by the miners as a reward is halved.
  2. Fidelity investments in trading over-the-counter (OTC) Bitcoin.
  3. Fear of Uncertainty Doubt (FUD) is not affecting the crypto market.
  4. The technical analysis of the crypto market is showing positive signs.
  5. Despite the fact that the crypto exchange, Binance was recently hacked Bitcoin did not collapse

More gains Ahead

Josh Rager, a crypto trader sees more gains ahead with BTC pushing past $9k;

“Goodbye meme triangle, hello $9k+ targets. Some people were screaming triple top when the more obvious conclusion is retest after retest of resistance will finally lead to a break to the upside. Bitcoin could cool off, run sideways but IMO will continue to move up over $9k”

Bitcoin prices have yet to recover to its all-time highs of around $20,000 in late 2017 when Crypto enthusiastic retail investors suddenly sent the value of cryptocurrencies dramatically higher. Right now however, eyes are firmly set on BTC’s new target along $9,650 resistance that was last seen on April 30 2018.

This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.

 

 

The post Bitcoin Sets a New Price Record for 2019 appeared first on Bitcoin Of America.

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Bitcoin, the world’s top ranked cryptocurrency according to coin market capitalization, has gained so much popularity ever since it was created by the mysterious Satoshi Nakamoto. Almost everyone across the globe has at least a slight idea about this digital currency and a good number of people are actually using it.

Cryptocurrency Exchangers such as Bitcoin of America have therefore tried to come up with ways to make the crypto coin easily accessible to users. One interesting concept Bitcoin of America has come up with is the Tablet.

Bitcoin of America allows merchant locations to host BTM tablets in their locations by simply processing a transaction andprinting out a customer receipt (with zero costs and zero risks). However, one would need to make sure there’s an internet connection in their store. Also, Bitcoin of America handles everything, from training, maintenance, online marketing all the way to customer service.

Hosting a BOA Bitcoin Tabletin your store also comes with several advantages, which include;

  • Increased passive income
  • Increased foot traffic
  • Free advertising on Google ads as well as social media

Launching Bitcoin tablets for merchants is one of the ways through which Bitcoin of America has been able to release the tablets in major cities across the globe. The roll out of Bitcoin Tablets comes as a complement to Bitcoin ATMs, Bitcoin teller machines that resemble the traditional Automated Teller Machines. Just like Bitcoin Tablets, Bitcoin Teller Machines have made buying and selling of Bitcoin quite easy and convenient for the end user.

Bitcoin of America has installed Bitcoin ATMs in several cities across the U.S. and is now working to achieve the same with Bitcoin Tablets. As mentioned above, the platform offers training to merchants beforehand so that they can get a clear understanding of the Bitcoin Tablet concept.

So, how do these tablets work?

Unlike on Bitcoin Teller Machines (BTMs), people wishing to use the Bitcoin tablet are guided by a ‘’human’’ teller operating the tablet. All a customer needs to do is to;

  • Make sure you have a verifiable phone number that’s in line with Know Your Customer (KYC) regulations
  • Make sure you have a working Bitcoin Wallet. (it is advisable to secure your crypto wallet with 2 Factor Authentication)
  • Find a Bitcoin Teller location
  • Choose the amount of Bitcoin you intend to purchase
  • Give the teller your phone number for customer look up

Once you are cleared as a registered customer, you will receive the Bitcoin you bought from the teller. The Bitcoin tablet prints out the same QR code which is scanned to a mobile wallet. However, if you are a first time user, you will first need to create an account with Bitcoin of America.

One good thing about these tablets is the human touch; this is because it inspires a sense of confidence to traders and at the same give the buyer a sense of security.  Buyers do not even need to have background information on how to use the tablet; they may however need a bit of knowledge about cryptocurrencies and digital wallets so as to avoid getting scammed.

The post Bitcoin of America is Releasing Bitcoin Tablets in Major Cities appeared first on Bitcoin Of America.

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When Bitcoin first emerged, no one really expected it to go BOOM! Well, almost no one …

There were a few savvy investors that were willing to take a risk on Bitcoin (i.e. the Winklevoss Brothers).

But it’s 2019 and Bitcoin isn’t the only cryptocurrency around anymore. So, what are the newest cryptocurrency trends and how will they affect you?

That’s what we want to discuss.

While it isn’t 2009 anymore, cryptocurrencies still have a “stigma” that can’t be shaken off it seems. Traditional investors like Warren Buffett and larger corporations call it nothing more than “delusional” and “worthless”.

And yet, here we are in 2019 and the current price of one Bitcoin is worth more than $5,000! That’s not worthless … not by a long shot.

So, let’s talk about the cryptocurrency trends that look good for 2019. Ready?

Acceptance As An ETF

This will be BIG!

Traditional investors and larger investors have shied away from cryptocurrency for fears of it being “worthless” and similar in design to Ponzi schemes. But if cryptocurrencies are accepted as an ETF, then it could open the floodgates for outside investors looking for a “safer” investment.

2018 was the year that defined cryptocurrencies (good and bad). But one major aspect was ETF acceptance by the SEC. While still in discussion, it looks plausible that more cryptocurrencies could be accepted as an ETF and therefore help reduce overall volatility in the cryptomarkets.

Increased Interest

Looking at what we just discussed, you can see how this will increase interest in cryptocurrencies.

Instead of having reputable traders such as Warren Buffett talking about how cryptocurrencies are “worthless” and “delusional”, they’ll be touting them as safe investments with huge upside potential.

Not only that, but larger companies will start funneling some of their investment funds into cryptocurrencies, helping to provide a stronger, more stable floor (support for chartists).

As interest for cryptocurrencies continues to grow, along with a wider adoption from major platforms (i.e. Facebook, Whatsapp), there’s a good chance that your portfolio might include some digital currencies that once were considered “taboo”.

Increased Education

Unfortunately, cryptocurrencies are still “new” and there aren’t many who truly understand how they function, what they are used for, and some even believe that are worthless. Which is why there will be a BIG shift in educating the common consumer/investor about cryptocurrencies.

There are still some who believe that cryptocurrencies are “illegal” and “criminal” as they are used to buy from “less than reputable” sellers and/or used for dark web transactions. But this is only one portion of what they are used for.

Can’t money be used to buy drugs and weapons … why isn’t money “illegal” and/or “criminal” – because it’s backed by banks and governments and they control the accepted value.

Which is why we believe that 2019 is the year that cryptocurrencies really start getting the positive exposure they need.

BTC and other cryptocoins cannot be ignored any longer. Too many companies are starting to use them for financial transactions. Which is why the public will start to understand cryptocurrencies better.

Limited Volatility

There are a few factors that affect market volatility:

  1. Limited Resource
  2. Outside Influences
  3. Fear

These three factors will heavily impact the volatility of a market and/or cryptocurrency. As you’ve seen, 2018 was hard on Bitcoin.

However, with increased interest from other investors, along with an increased understanding of cryptocurrencies, the volatility that has plagued cryptocurrencies looks to be waning.

There is an understanding that Bitcoin will have a total of 21 million coins. Comparatively, Apply has approximately 860 million shares and trades at over $200.00 per share. Due to the limited resources of Bitcoin and other cryptocoins, the price can fluctuate wildly with one heavy purchase and/or sell.

As you can see, it’s not an apples-to-apples comparison. As of this writing, one Bitcoin (BTC) is worth $5,294.01 versus Apple at $212.00.

Keeping up with the current bitcoin price is an absolute must. Just as analysts use charts for common stocks, so do bitcoin enthusiasts and investors. While there is an inherent volatility in the cryptomarkets right now, it looks like the worst (2018) is behind for BTC and other cryptocurrencies.

More ICOs Are Coming

In 2017, there were only 875 ICOs. In 2018, there were 1258 ICOs (an increase of 383 new ICOs). At that rate, 2019 should end with around 1675 total ICOs!

Welcome to ICO Wild West!

Thankfully, it’s not the wild west and there are some guidelines for new ICOs. But the cryptomarkets are expanding at an unheard of rate as new startups are looking for ways to jump into the cryptocoin craze.

ICOs are regarded as an actual asset, unlike coins that are considered risky and/or worthless (except to the owners). This added layer of “security” helps to draw in larger investors and other governmental figures that help to stabilize the market (see “limited volatility”).

As more ICOs emerge, there will be an increased interest (see “increased interest”) and a need for more education (see “increased education”) regarding cryptocurrencies. A good website for this is Chainbits. Chainbits helps to explain cryptocurrencies and blockchain while keeping you up-to-date with the latest crypto news too.

Conclusion

Would it surprise you if Warren Buffett actually owned a LOT of BTC and other cryptocurrency shares? While we don’t have proof of this, but there is an old mantra that many investors use … “buy low, sell high”. Is it possible that he’s bought LOW like the Winklevoss Brothers and is just waiting to sell HIGH?

While there’s a small chance that the trends don’t come to fruition, there’s a much greater chance that 2019 will be a pivotal year for cryptocurrencies and investors. If you’ve been on the fence about cryptocurrencies, now would be a good time to start really paying attention.

Are you prepared for what’s to come? Did you already see the writing on the wall?

Did we miss something? Let us know!

 

This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.

 

The post 5 Cryptocurrency Trends For 2019 That You Need To Know appeared first on Bitcoin Of America.

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Almost everyone owns a credit card nowadays. They are convenient, easy and help you shop for items online and offline. With the growing popularity of digital currencies like Bitcoin many new businesses and merchants have started accepting it as a mode of payment. Online exchanges are coming up where you can trade Bitcoins using any currency of choice. There is growing competition in the retail sector and there is every possibility that digital currencies could be replacing traditional credit cards. Why so? With digital currencies, merchants can easily lower transaction fees, thus increase profit margins considerably. Replacing credit cards with Bitcoin is surely possible in coming days.

The benefit of Using Bitcoin

Bitcoin comes with a wide range of benefits. From a merchant perspective, Bitcoin is profitable as its charging large fees compared to traditional credit card companies. Most individuals who are using credit cards should be aware of regular fees and with Bitcoin, this may be past now. In today’s time, many credit card companies are available, on an average each of these charges roughly around 2 to 3 percent for every transaction. This transaction fee is paid by merchants themselves. For businesses with small profit margins this fee can be pinching, there is why Bitcoin is the best option. Already several trading or online exchanges are available where you can trade Bitcoins easily.

The traditional banking system has several demerits and Blockchain technology backed Bitcoin is certainly beneficial in many aspects. Fast transactions and low transaction fees make this digital currency profitable in today’s time. The hard reality is the entire credit card business model is focused on soaking money out of common people who can’t afford the debt. There are high interest rates, penalties, and late fees often bothering cardholders or merchants, the best solution to all these problems is to trade Bitcoins.

Shifting of Power

With the new concept of digital currency, power is shifted back towards consumers. All Blockchain backed credit is affordable and fairer than traditional credit card debt. What’s more is when Blockchain backed currencies are used as traditional means of payment these digital currencies offer several benefits over normal methods. The whole concept of digital nature means its free and fast, using this concept you can send money anytime anywhere in a matter of a few seconds. In days to come cryptocurrency cards will be reality and using this will help you save nearly 7 to 8 percent on exchange charges anywhere abroad. Now that’s a big deal!

Digital currencies are highly volatile and investing in it is risky. Anyone considering Bitcoin investment should be prepared for toughest situations, it’s always safe to know the worst before going ahead. Many experts believe Bitcoin could replace traditional credit cards in coming days. Using Bitcoin as payment will ensure security and efficiency, it will also allow retailers to receive payment for all goods and services.  The only hindrance to this reality is the stability of the cryptocurrency market, which will only come with time and an increase in the number of transaction volumes.

Bad news for Credit Card Companies

Blockchain backed digital currencies are already giving tough competition to many currencies across the globe. Financial institutes are agreeing to the fact that Blockchain technology is a new concept with wide possibilities. If digital currency cards become a reality it will be a bad news for companies like MasterCard and Visa. Presently these two companies dominate the payment industry since financial institutes who issue these cards are taking a good percentage. For Bitcoin investors, this is a good news, in coming days it will raise the adoption rates exponentially and boost its price.

Bitcoin enthusiasts still have to wait for sometime before Bitcoin payment methods become a reality. Till then, use the traditional method and wish Bitcoin payment system is implemented at the earliest.

This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.

The post Can Digital Currencies Replace Credit Cards? appeared first on Bitcoin Of America.

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The journey of Bitcoin over the years has been successful enough to make front page news headlines everywhere. Bitcoin was introduced in the market in 2009 by a developer named Satoshi Nakamoto, and is a concept that has changed the whole financial world equation. Initially, this groundbreaking research didn’t get much attention, but as time went on it took the world by a storm. The idea of decentralized money is promising and people have started to show an immediate interest in it. Today, the price of 1 Bitcoin is over $10,000! Detroit Bitcoin ATM kiosks and online exchanges are everywhere to help users get easy access to this cutting edge technology.

Bitcoin Is Breaking Records

In the last few months, Bitcoin has been breaking records everywhere and it has now started to impact the world. In no time it has made people millionaires out of nowhere and this is grabbing the attention of people everywhere. It is a decentralized digital currency that is not tied to any government or organization, unlike other conventional currencies that are in circulation. So the question is – who manages or controls this digital currency? It’ us, the people. Detroit Bitcoin ATM kiosk sare now installed in most popular cities and many machines are available on the market. General Bytes is just one popular brand of BTM kiosks.

General Bytes Bitcoin ATM

From General Bytes there are two different types of Bitcoin ATMs available in the market: one is the BATMTwo at the Detroit Bitcoin ATM, this machine is a one-way device and the BATMThree Bitcoin ATM machine which is a two-way device.

if you are going to use this ATM machine and want to sell Bitcoins, go through these following steps:

  • First, select the “Sell Bitcoins” option from the menu.
  • Now define the amount of money you want to sell (based on the amount there are different verification procedures, for instance, fingerprint scanning, mobile check by SMS, and ID document scanning)
  • After that, a receipt will be printed, which will have the Bitcoin address where those particular Bitcoins are to be sent. However, in the same QR code, there will also be a redeem code adding option which can be used later for getting cash from the Bitcoin ATM machine.
  • Now send the bitcoins to the given address and wait(this is based on how many confirmations necessary for that operator).
  • Then use the Detroit Bitcoin ATM machine again, make sure you select “Redeem Ticket” option to start as well as scan the same QR code from the receipt, within few seconds you will receive cash.

With some of the popular online portals you can easily locate the nearest Bitcoin ATM for both selling and buying purposes. An Bitcoin ATM map is easy to use, and you get the chance to locate Bitcoin machines around your place.

Many Bitcoin ATM machines are available in the market.Learn how to use these machines for buying or selling of digital currencies.

The post How to Use General Bytes ATM Kiosks appeared first on Bitcoin Of America.

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Do you have more bitcoins than you know what to do with? Not sure where you can spend your bitcoins? Lately, many online businesses are getting on board with accepting crypto currencies like Bitcoin. So instead of letting all that “coin” burn a hole in your pocket, we’ve created a list of some of the best places to use your bitcoins for purchases. With the lack of Bitcoin information currently available, it can be hard to know where to start using your bitcoins. Before you know it, businesses everywhere will begin to accept this innovative and decentralized digital currency. Below are companies that are accepting Bitcoin right now!

Overstock.com

Overstock.com started accepting digital currencies in 2014, making it one of the first online businesses to accept digital currencies. The online retailer allows its customers to purchase anything from laptops to T.V.s, couches and throw pillows and everything in between with cryptocurrencies. Currently Overstock.com accepts payments in the form of:

  • Litecoin
  • Bitcoin
  • Monero
  • Ethereum
  • Dash

If you are using bitcoins to buy something on Overstock.com simply selected the preferred currency at checkout and choose Bitcoin to complete your purchase. The payment system converts the currency into the digital currency of your choice when the purchase is finalized.

Expedia

Who would have guessed that you can travel the world using bitcoins? At Expedia, the popular online travel booking mogul, they have accepted Bitcoin since June of 2014. Currently Expedia has teamed up with Bitcoin to accept bitcoins for booking hotels. In the future, Expedia hopes to extend the use of Bitcoins to be used for travel bookings, travel services, activities and more!

eGifter

These days you can’t go wrong with getting your loved ones a gift card for their birthday, the holidays, or just because. At eGifter, you can buy gift cards for friends and family using Bitcoin. eGifter sales gift cards for major companies like Amazon, Best Buy, Macy’s, and more.

Newegg

Are you always looking for the latest gadget? Are you a Tech Guru? If you answered yes, then this is where you will want to spend your bitcoins. The popular electronic retail giant, Newegg, is another major online company that has started to accept Bitcoin as payment. This gaming and software solution retailer has partnered up with a payment processing firm that allows them to accept bitcoins as a form of payment. However, if you are purchasing an item from a different seller on the site (Newegg is similar to Amazon, where there are different sellers for many items) there may not be an option to use Bitcoin.

Shopify Stores

This e-commerce platform has been accepting Bitcoin as an option for payments since November 2013. Shopify allows users to shop with thousands of different merchants. With so many options on Shopify it allows you to spend your bitcoins on whatever you’re in the mood for.

Dish

This Internet Service and Digital TV Service provider now allows their customers to pay for services using the digital currency, Bitcoin. Makes sense right? Dish Network is the first digital service company to accept Bitcoin as payment. The largest company and Satellite TV provider to date adopted, Dish, has accepted the use of Bitcoin since August 2014.

Roadway Moving Company

The popular moving firm, Roadway Moving Company makes it easier than ever for their customers to relocate to a new location using bitcoins. Citing “lack of sales tax” as a benefit, the company has started to accept Bitcoin as one of their main forms of payment. If customers have the hot wallet system they can easily and safely make payments for services from Roadway Moving Company.

PizzaForCoins

Just as their name suggests, PizzaForCoins accepts bitcoins in exchange for pizza. Ordering pizza has never been easier now thanks to PizzaForCoins accepting Bitcoin as a form of payment from their customers. Many other cryptocurriences are accepted here, like Litecoin. All you need to do to order pizza using Bitcoin, is verify the closest pizza restaurant to you by putting in your location and then start ordering your favorite pizza from restaurants around you using digital currency.

The post What Major Online Businesses Accept Bitcoin? appeared first on Bitcoin Of America.

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With time social networking platforms are becoming more popular and thus playing a larger role in every individual’s lives. Businesses of all scales are making their online presence felt. A few years back hardly anyone knew about Instagram, Twitter or Facebook but now these platforms are frequently used. For all the latest news and trends, millions around the world are checking these sites or networks. Social networking allows users to connect without ever meeting.

Technology is bringing in many changes in the lives of people. All latest technological advancements are powering social transformation. The blockchain is the next big thing which is going to bring considerable change around the world. Already this concept has created a buzz. Originally it was behind the concept to purchase Bitcoin but now it’s being used to develop many concepts. Top businesses and companies are investing a huge amount in Blockchain technology.

 What’s Coming Next?

To get a clear picture of what happens when information from private and public sources are stored in a singular profile let’s peep into the whole new social credit system of China. Since the starting of 2014, China was piloting a concept to quantify an individual’s reliability or honesty based on his or her debt payments, charitable donations, and various other factors. This new feature is providing advantages to all honest people in different spheres starting from an online dating site to the healthcare market. Not many countries and its government will promote such a system but now its coming handy.

Now it seems quite reasonable that within the next few years, someone will start taking advantage of broad data storage and design an app which aggregates data from different other apps to create a reputation for any individual. Online reputation is becoming important and in days to come it will be a huge deciding factor. Though many know about the role of Blockchain technology behind purchasing Bitcoin its use in various other concepts is still uninformed to a good section. The all-new concept of online reputation looks possible with this technology. This means your Uber ratings and ratio of both, as well as lswipes on Tinder, can play an important role.

How Effective Will It Be?

As of the present date, some may feel this to be different but in many ways, it could be convenient. People these days are very curious to know and have an impulse about new things, knowing information about overall reputation can be of great help. Imagine an app or system which will help you know about the person or individual before linking or associating yourself with. There will be justice in a different system which exists. For instance, online reputation will be considered based on how an individual treats their Uber drivers before investing their time. Or is worth it to figure what share or percent of their Instagram followers like their photo.

What Will This Mean for Business?

This whole concept will mean a lot for businesses of all scales. The idea of social responsibility and corporate ethics could change hugely if details about the quality of leaders and employees daily interact become public. It may sound crazy now but companies can be blacklisted as irresponsible of for instance most of its employees don’t tip well at eateries or cafes. This social acceptance surveillance of human behaviors can actually change the way how talents are hired. People with a higher reputation score can actually get hired easily or may be offered the best salary packages.

This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.

The post Use of Blockchain Technology for Reputation Management appeared first on Bitcoin Of America.

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If you are a keen cryptocurrency enthusiast then you must have noticed the great blockchain decline particularly in 2018. The total market capitalization fell to its lowest point. Many investors left the market due to the drastic shift of the coins market value. Bitcoin, the leading crypto currency dropped by over 70% while the other Cryptos recorded much worse reductions. This decline in demand for crypto influenced many blockchain innovators to try and come up with new technological ideas to salvage the situation. Bitcoin of Americatried to come up with new strategic ways of making Bitcoins available across all 50 states. 

Bitcoin of America’s BTMs and Zero Transaction Fees

2019 has seen a promising rise in crypto market value. One of the biggest changes in the market came with the development of Bitcoin ATMs which have been coined as BTMs. These machines are designed to grant broader access to several types of cryptocurrencies including Bitcoin. 

Another project that might help reclaim the dominance of crypto currency across the globes is focusing on major global financial hubs. This includes states that are home to the largest blockchain industries and have adopted the use of several cryptos. The main idea being promoting the use of cryptocurrencies in states that have wide customer base. One of the unique trends Bitcoin of America has adopted this year is issuing zero transaction fees across all of their BTMs when buying Bitcoin. 

With this offer, Bitcoin of America seeks to expand the global access to Bitcoin and other crypto currencies. If you have been having doubts on whether you should invest in crypto coins, this is the best time because with the free transaction costs you can easily buy or sell or transfer your Bitcoins with ease. With the availability of BTMs you can also easily exchange your fiat currency to cryptocurrency.

Bitcoin ATMs are the best source of crypto access especially in countries with limited internet access or limited banking solutions. This includes Africa, where the blockchain industries are still less developed. For now, BTMs can mostly be found in Canada and the U.S.; there are however much fewer BTMs in other States. Market researchers nonetheless indicate that focusing on the best market niche will be the unsurpassed way of spreading the crypto hype all over the Continent.

The Bitcoin ATM market is booming and every day a new BTM is being installed. You can easily find a Bitcoin ATM near you by simply logging into the Bitcoin of America website, where you will indicate your zip code, city or state then you will be promptly directed to the closest BTM.

Seeing this trend, it is quite clear that the cryptocurrency market can easily compete with other prominent currencies such as the U.S. Dollar and Euro in years to come. 

This disclaimer informs readers that the views, thoughts, and opinions expressed in the text/sponsored content belong solely to the author, and not necessarily to Bitcoin of America, organization, committee or other group or individual. All investments are at your own risk and should be done after careful research.

The post BITCOIN OF AMERICA – ZERO TRANSACTION FEES appeared first on Bitcoin Of America.

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