Stripe, the firm which helps more than 100,000 businesses do financial transactions online, is to scrap support for Bitcoin payments. It said Bitcoin users now saw the virtual currency largely as an “asset” to be traded, rather than something to make payments with. Fewer online merchants wanted to accept the
Gold has always been seen as the symbol of wealth, more gold equals more money. The older generation also have the belief that it is better to keep gold than paper notes. However, times have changed. With the recent surge of interest in cryptocurrency, it is safe to say that
They Will Come to a Bad Ending Warren Buffett, the American business magnate and investor, has expressed his views on cryptocurrency, in particular Bitcoin. The so-called Oracle of Omaha, with a net worth of USD$73.1 billion, recently said that he will not ride the bitcoin hype-train. With such a volatile
Japanese are well known for their courage and willingness to try new ideas even though these ideas are often viewed as queer by other countries. From their range of *err…* interesting variety shows to their unique fetishes you would think that the Japanese have already been outstanding in their creativity
XRP, the unit for cryptocurrency Ripple, has been experiencing a consistent fall in price From USD$3.84 to USD$1.62 in just 7 days, an estimate 11.8% fall in price, this is a dire situation for any investors hoping to ride the cryptocurrency train. In fact, majority of cryptocurrencies in the Top
How much is Bitcoin worth? A common question asked today in this crytocurrency frenzy age. According to coinmarketcap.com, Bitcoin has a market cap of USD$241,835,924,114. or just USD$241.83B Okay, let’s rewind a bit… It is in other words, how much you would in your bank have if you own 100%
At the time of writing, Bitcoin is currently worth USD$15,148.61 per bitcoin. Given that the average price of a pizza in U.S. cost USD$13, a single bitcoin can buy you about 1,147 pizzas. So, 10,000 bitcoins can buy you 1,147,000 pizzas, enough to last you at least 10 lifetimes… Now,
Before taking a deeper dive into how Bitcoin performed, let’s take a look at the classic chart of how a bubble usually goes: Here is the chart of the 1720 South Sea Company bubble, one of the biggest bubbles in human history: and here is the well-known Tulip Mania bubble.