Connect with us

Adoption

Merchants that accept payment in Bitcoin Cash BCH

Published

on

let’s have a look at a few merchants that accept payment in bitcoin cash and maybe this could make BCH an even more lucrative investment option for you.

Bitcoin Cash (BCH)

It is a peer-to-peer form of electronic cash with the internet. It’s completely decentralized, with no central Bank and not even requires any trusted third parties to operate. Bitcoin Cash’s technology allows much faster transaction times and lowers transaction fees. To know further about its position and progress, let’s have a look at a few places where you can now use Bitcoin Cash as a legal form of payment and maybe this could make Bitcoin Cash an even more lucrative investment option for you if you are still in the trenches of doubt about investing your money in it. Here is the list of merchants that accept payment in bitcoin cashBCH.

 

1. Most probably the biggest name in the industry which accepts Bitcoin Cash as a legal form of payment is Microsoft. So grab the opportunity and make purchases on Microsoft products using your Bitcoin Cash since they now accept payment in Bitcoin Cash as a legal form of payment.

 

2. This one is probably going to make the foodie in your way too happy. If you are in Europe, either on vacation or currently living there, and having Bitcoin Cash in your online digital wallets also, you can now use them at almost 31,000 restaurants when ordering your favorite cuisine from the online food ordering company Takeaway. To satisfy the hunger in you using your Bitcoin Cash Because these merchants have started accepting payment in Bitcoin Cash.

 

3. Initially dealing just in Bitcoins and a Bitcoin payment service provider, BitPay, has now announced that they would be accepting Bitcoin Cash as a legal form of payment too. Be Noticed, that apart from Bitcoins, they only accept payment in Bitcoin Cash which gives Bitcoin Cash a  good scope for future growth.

 

4. Several merchant services like Rocketr, Coinify, and many more such services have started accepting payment in Bitcoin Cash as a legal form of payment. In the lives of all Bitcoin Cash enthusiasts and investors all over the digital network is becoming more comfortable day by day.

 

5. You can use your Bitcoin Cash to buy products like gift cards, games, software and many more at Keys4Coins who have also started accepting payment in Bitcoin Cash as a legal form of payment. Go crazy!

 

6. If you wish to be a little more practical spender and are also looking at a large scale mining venture, you could now use your Bitcoin Cash for this purpose too. There is a website, launched by Bitcoin cash founder himself, named Bitcoin.com. They accept payment in Bitcoin Cash and this brings ease to the lives of many miners out there.  

 

7. A relatively favorite online retailer of items including computer hardware and consumer electronics in California, United States, Newegg has announced that it would now accept payment in Bitcoin Cash.

 

8. Vultr, a global cloud hosting service provider (along with storage services and many more), has recently announced they would accept payment in Bitcoin Cash as a legal form of payment.

 

9. Namecheap provides services on domain name registration, and offer for sale domain names that are registered to third parties. It is also a web hosting company. If you are looking to do any business here and also are a Bitcoin Cash investor, the odds are finally in your favor, since they accept payment in Bitcoin Cash as a payment mode.

 

10. As its name suggests, egifter, it’s an online website with a wide range of gifts and gift cards. They are now starting to accept payment in Bitcoin Cash as a payment mode too.

 

11. An online retailer of gold and silver products, JM Bullion accepts Bitcoin Cash as a legal form of payment too. So, if you are also a Bitcoin Cash investor and looking for buying a few gold or silver products, your time is finally here as they have started accepting payments in Bitcoin Cash

 

12. Zeek is an online marketplace that enables its users to sell unwanted vouchers in exchange for cash and purchase discounted gift cards. So if you are also looking for such a type of services, you can use Bitcoin Cash as they now accept payment in Bitcoin Cash too!

 

13. An online fashion store where all things hip and trendy, Negash Apparel and Footwear is a place where you can use Bitcoin Cash to pay many merchandises because they accept payment in Bitcoin Cash.

 

14. Anyone fond of gambling? If legal in your concerned demographic area, you can invest in Bitcoin Cash and then try your hands at gambling. There are various online gambling sites out there like Bet Coin, Satoshi Bones, Satoshi Dice, and many more such other sites also that start accepting payment in Bitcoin Cash as a legal form of payment.

 

15. Organizations (NGOs) and other charities over the world including Heifer International, Save the Children and many more such places are started accepting payment in bitcoin cash. Come on, go do a noble deed!

#Bitcoin

Will XRP overtake Bitcoin to become new king of cryptocurrencies?

Published

on

Can XRP take over Bitcoin in the total market capitalization with the massive adoption of XRP by financial institutions all around the world?

XRP is often called as ‘banker’s delight’ and banks love XRP as it has hundreds of partners globally with many of the world’s biggest names in banking. Banks are actually tired of using the SWIFT system which it turns out is not that swift. XRP can seriously put the heat on swift and provide money savings and transparency at every level. Bitcoin with its 10 minute block time and unstable fees can be a bit problematic when it comes to this but bitcoin is a massive improvement over the previous architecture and the banks themselves. Can XRP take over Bitcoin in the total market capitalization with the massive adoption of XRP by financial institutions all around the world? Let us make some comparisons.

No Forks

Another benefit of XRP is no forks. A real company with a real office run by professional people that you can contact if you have a problem. The whole bitcoin forking thing has been a very device issue in the crypto community and has done little to give large businesses any kind of confidence in the crypto economy especially when they are new to the crypto economy.

 

XRP a ‘security’ issue

XRP might be a security and is currently being litigated in the courts but until this is resolved there will be this uncertainty around XRP in the likelihood of seeing things like XRP futures, XRP ETF or major banks stockpiling XRP.

 

Proof of Work

While there have been many criticisms of the Proof of Work network including the massive burn rate of hardware and the huge environmental footprint in terms of energy consumption, we could do a whole host of what about the bitcoin energy use, but the reality is that the XRP ledger uses less energy than bitcoin. The long-term trend of Proof of Work mining and Bitcoin mining overall will at some point have some explaining to do as currently, we do see a lot of projects moving away from the proof of work networks.

 

Banks don’t like bitcoin

The Banks around the world really don’t like bitcoin and sure this is a badge of honor for bitcoin but the theory goes that they will actively work to suppress and hurt bitcoin. With the big Wall Street products coming specifically targetting bitcoin, it appears that the banks want to profit from bitcoin, not to crush bitcoin. The love and hate relationship of banks with bitcoin is currently in a love period. Interestingly both bitcoin and XRP could be put under real pressure by an influx of national cryptocurrencies or even more worrying  for XRP, the banks implementing their own solutions. As of now, banks are loving the solutions that Ripple Labs are putting forward for them to use. It is much easier to implement someone else’s technology rather than build your own technology especially when it comes down to interoperability between hundreds of different international banks. XRP is not unique in this, other payment providers use bitcoin or stellar lumens to do the same thing that is done with XRP. The difference is of course that Ripple’s network and banking partners are huge. But then banks do not actually hold and stockpile XRP, they can actually just quickly move in and out to do transactions. But just because banks don’t need to stockpile XRP doesn’t mean they won’t. Previously, a report was published about South Korean banks which are currently holding around 1% of all cryptocurrency.

 

Daily Transaction Volume

In terms of daily transaction volume, XRP has dropped back to around half a million daily transactions from recent highs of 1.6 million daily transaction which is well ahead of bitcoin’s quarter million daily transactions. But don’t forget that the lightning network is still in its baby phases and so far away from reaching critical mass so we should really not underestimate the possibility of the lightning network to seriously disrupt this narrative around daily transactions in the future.

 

Transactional Fees

On the fees side XRP is consistently way lower than bitcoin with bitcoin having unstable network fees but again lightning network is coming.

 

Circulating Supply

Ripple’s control over the XRP’s supply vs bitcoin’s code based emission is another area of concern for many investors. As much as some people may want one or the other to fail. But it doesn’t seem that any of these are going anywhere unless XRP is deemed to be a security. But if XRP is declared not to be a security then maybe XRP can rise massively.

 

XRP is crypto and banking coming together. For some, it is like a dream come true and for others, it just gives them a headache as the true aim of cryptocurrency was to destroy the banks and not join them. If XRP ever does get mass adoption by banks and manages to have a larger market cap by bitcoin. Would this mean an end for bitcoin? Certainly not. The use case of XRP does not eradicate the use case of bitcoin.

 

What are your thoughts about XRP and its adoption by banks? Tell us in the comments section below.

Continue Reading

Adoption

Malaysia to regulate cryptocurrency and ICO in 2019

Published

on

The government of Malaysia is going the draft the regulations for Cryptocurrency and ICO (Initial Coin Offerings) in early 2019.

The Star, local media in Malaysia reported that the government is going the draft the regulations for Cryptocurrency and ICO (Initial Coin Offerings) in early 2019. In the news, the media reported that Lim Guan Eng, the finance minister of Malaysia was updated by the Securities Commission of the country about the same.

Unlike largely populated countries like China and India who completely banned cryptocurrencies, Malaysia has taken a great step in regulating digital assets rather than straight away putting a stop on it as the government believes in the adoption of new technologies such as bitcoin.

Lim Guan Eng also adviced all companies and parties that wish to introduce their own cryptocurrencies such as bitcoin in the form of initial coin offerings to consult country’s central bank: Bank Negara Malaysia which will be responsible for the decision on the financial mechanism.

Malaysia has been adopting the blockchain technology lately in many industries including the setting up of a university degree verification system on the blockchain.

Malaysia also has plans to introduce their own government-backed cryptocurrency which was stated to be put on hold at the moment before the regulations are drafted early next year.

Despite the cryptocurrency market crash, the adoption of bitcoin and blockchain technology seems to be rising rapidly throughout the world. India, which earlier banned cryptocurrencies this year has stated that their government is working on drafting the regulation for bitcoin and cryptocurrencies which will be out early next year. With the upcoming Bakkt exchange and ETF approvals, and a lot more upcoming in the cryptocurrency market there is a huge scope for bitcoin and other prominent cryptocurrencies to rise massively in 2019.

Continue Reading

#Bitcoin

The Power of Bitcoin: BTC Halvening in 2020

Published

on

The halvening helps the world to remember the power of Bitcoin

Bitcoin has an anticipated total supply which began with roughly 7200 bitcoins being made every day. Presently we have survived two halvenings, the last one in 2016, and these days there are just roughly 1800 bitcoins created every day.

At the time of writing this article we are at square 551809, well on our approach to 630000, the following halvening.

 

 

The current gauge for the following halvening is May 2020, which is only 16 months away. Anyway it is vital to comprehend that as we are surviving these halvenings, the power of Bitcoin is getting to be apparent for the entire world. Everybody is really beginning to comprehend this is the way Bitcoin’s fiscal approach works and that it is solid and viable an unchangeable reality.

The ramifications of this are ever higher over the long haul and more halvenings are experienced. The acknowledgment that bitcoin is a genuine contender to national bank cash begins to set and the genuine transformation of cash is nearer and nearer. It additionally implies these occasions will be evaluated in before the occasion itself and all the more successful each time. As individuals definitely think about it and have considered.

Not every person yet gets it. It is your favorable position to comprehend it now before every other person does. After 2020 it is conceivable that relatively few on the planet do not have this seeing anymore and as we, in the long run, move to the appropriation of the late larger part, the train has genuinely left the station. Despite the fact that it might be hard to trust, the train has not left the station yet.

 


At the time of writing, Bitcoin is trading at $4037, after an 80% correction from the all-time high of $19500 in December last year.

Continue Reading
Advertisement BitcoinAdvertising.com

Live Crypto Prices

  • BTC
  • USD
  • AUD
  • CAD
  • EUR
  • BTC
    Bitcoin(BTC) 3781.44771351
  • ETH
    Ethereum(ETH) 103.79093531
  • EOS
    EOS(EOS) 2.6214959555
  • BCH
    Bitcoin Cash(BCH) 116.18841572
  • LTC
    Litecoin(LTC) 30.5391348064
  • TRX
    TRON(TRX) 0.0160116926
  • ADA
    Cardano(ADA) 0.0358155785
  • DASH
    Dash(DASH) 75.9632501944
  • XEM
    NEM(XEM) 0.0686118207

Trending