Connect with us

Bitcoin

Travel the world with Bitcoin.

Published

on

travelling the world with bitcoin

How to travel to unsung destinations with Bitcoin?

  • Bitcoins for travelling

As the cryptocurrencies are globalized in nature, using them for all the transactions as well as bookings on the travel would make the process even more hassle-free. Many of the small merchants around the world have incorporated Bitcoin into their payment methods for the convenience of its customers. This has opened up gates of opportunities for the Crypto lovers to use cryptocurrencies during travelling.

All the world tour starts from travelling to a particular destination hence let’s list out the travelling agencies accepting Bitcoins as their payment methods.

 

1. Cheapair.com

Since 2013 the travel agency accepts Bitcoin for all the payments. It is one of the first of its kind in The United States to accept Bitcoins. The agency specializes in bookings for Airlines, hotels, as well as restaurants. Its integration with the cryptocurrency exchange Coinbase makes the process even more convenient for the users. The company has already processed $15 million worth of Bitcoin payments.

2. Destinia.com

The Spanish based travelling agency is most popular for its integration with Bitcoin in its payment methods.  The users have a provision to book flights, hotels, and rent cars. It is worth noting, that apart from Bitcoin, the agency also accepts Bitcoin Cash. Operating from Venezuela, and facing the problems with the country’s Fiat currency, it accepts only Bitcoins in the country. This is one of the best instances where Crypto seems to be reliable than the Fiat.

 

3. Expedia

The world-famous travelling agency also accepts Bitcoin for all of its Hotel bookings. The agency is also well known for no cancellation fees on all its bookings.

 

4. Hotelgo 24

The Hotel booking website lists all the hotels that are willing to accept Bitcoin. No registration is required on the website for using the traditional MasterCard, but in order to use Bitcoin the user must provide is bitcoin wallet address along with some information. A value-added service allows for Bitcoin Cashback after 60 days of the checkout. the amount of cash back depends on the type of booking done along with a number of other factors.

 

Others  

Apart from all of the above-mentioned travelling agencies, there are flight booking Agencies like BTCTrip and ABitSky which solely operate on Bitcoin payments. BTCTrip also supports Litecoin and Dogecoin along with Bitcoin

 

  • Consolidation

Sometimes a Traveller might visit a place which is not that commercialized to accept Bitcoins. In such cases, localbitcoins.com might prove to be handy where the users can find out people who are willing to buy or sell Bitcoins personally without the intervention of any cryptocurrency exchange.  Keeping a mobile wallet during travelling is also highly preferred as one might require instant Bitcoin transactions to be done. While travelling, the users can require a huge amount of Bitcoin and store them on the online mobile wallet doesn’t seem to be secure enough, hence one can opt for a Hardware wallet like Ledger Wallet. In case if you lose your hardware wallet then a 12-word phrase written with an indelible ink, is available physically, which can be used to procure the master private keys.

 

  • Blissfulness of travelling

Mother nature is very giving, and it is this willingness to give, that it provides a different sense of calmness in itself. So if you are feeling that things are not under your control, instead of giving up, in whatever you are trying to achieve, take a break from a tiresome routine and make time to travel.

#Tether

Tether and Bitfinex might be in a big trouble soon

Published

on

US Department of Justice and the Commodity Futures Trading Commission are setting up an inquiry on the role of Tether in the price manipulation of Bitcoin.

The US Department of Justice and the Commodity Futures Trading Commission are setting up an inquiry on Tether’s role in the price manipulation of Bitcoin during the massive growth of the cryptocurrency last year.

Earlier this year, the department of justice was initiating a criminal probe in the role of traders for price manipulation of Bitcoin in 2017 end when it reached an all-time high of $20000. Now the department is suspicious of the involvement of Tether and Bitfinex Exchange in the same matter. The department believes that the price of bitcoin was forcefully pushed up with the help of Tether Stablecoin.

 

The Investigation

The department is currently carrying out an investigation to determine whether Bitfinex along with Tether practiced illicit trading activities to increase the price of bitcoin. Earlier the US Commodity and Futures Trading Commission was also investigating the activities of both Bitfinex and Tether and now both the departments will together investigate into both the cryptocurrency companies. The officials have not disclosed yet whether the investigation is only on the companies or on the company executives as well.

Earlier this year, a professor of Texas University examined the involvement of Tether for manipulating the price of bitcoin by using trading algorithms to increase the prices. The research disclosed that Bitfinex Exchange uses Tether Stablecoin to buy bitcoin when the price is low using algorithms.

 

Tether Defends

Tether, however, defended themselves by calling all the statements as false. Tether explained that the there is a limited supply of the USDT tokens and that every USDT is backed by 1$ which is kept by the company in their bank account.

What do you think about the above statements in relation to Tether and Bitfinex? Tell us in the comments section below.

Continue Reading

#Bitcoin

Tom Lee: Bitcoin will hit $15000 within next month

Published

on

Tom Lee the founder who earlier predicted bitcoin to hit $25000 this year still predicts that bitcoin will surely hit $15000 by the end of this year.

Amidst the cryptocurrency market crash, Tom Lee the founder and CEO of Fundstrat who earlier predicted bitcoin to hit $25000 this year still predicts that bitcoin will surely hit $15000 by the end of this year. Tom Lee stated his bullish prediction in an interview with CNBC.

 

Tom Lee’s Bitcoin Predictions

At the beginning of 2018, when cryptocurrency prices started to fall Tom Lee predicted that bitcoin will hit $25000 by 2018 end. In July this year, Lee restated his prediction to $22000 and again in August this year, he predicted the same $25000 price.

In the interview, Tom Lee remains very confident about his statement about bitcoin reaching to at least $15000 this year. According to Lee, a regulatory clarification would surely increase the price of bitcoin this year. He said that cryptocurrencies with grow as the world will start adopting digital technology.

 

BTCUSD 1 day chart

BTCUSD 1 day chart

 

The price of Bitcoin is currently making improvements and trading at $4674 according to CoinGecko. Bitcoin fell up to $4300 in the last 24 hours. Will Tom Lee’s prediction proves to be true and will bitcoin hit a $15000 mark this year end? What do you think? Tell us in the comments section below.

Continue Reading

#Bitcoin

Big Whale Alert! 999992 TUSD just transferred to Binance

Published

on

Just a few minutes back, one of the big whales just transferred 999,992 TUSD worth $1,023,030 to binance account from bittrex.

The cryptocurrency market is experiencing huge losses from the past few days with all major cryptocurrencies dropping over 10% and bitcoin dropping down from $6400 to $4400 in just a matter of days. In such a situation where most traders and investors are panic selling, big whales are waiting just for the right moment to buy. Technical analyst predicts that the price of bitcoin is expected to see a correction in the upcoming days which would eventually lead to the correction in the prices of other altcoins as well. Just a few minutes back, one of the big whales just transferred 999,992 TUSD worth $1,023,030 to binance account from bittrex. The transaction hash of the TUSD transfer is:

https://etherscan.io/tx/0x42686a6494e5831bcc694685a952b5624798d728c581ecd86382dd91b5ebcd32

In the past 24 hours, the cryptocurrency market has been experiencing huge trading volumes which predict that many traders and investors bought the coins at the current price which is a yearly low for most of the cryptocurrencies.

 

Don’t Panic!

A good trader should always think counterintuitively, that’s how winning is done. Warren Buffet the famous wall street trader has said: “be fearful when others are greedy and be greedy when others are fearful”.

The current market conditions are going to make a lot of people seriously rich. So be patient, be careful and look out for opportunities. The market is a buyer’s delight right now and a sellers nightmare.

Continue Reading
Advertisement blockonix.com

Live Crypto Prices

  • BTC
  • USD
  • AUD
  • CAD
  • EUR
  • BTC
    Bitcoin(BTC) 4492.41840526
  • ETH
    Ethereum(ETH) 134.077830148
  • BCH
    Bitcoin Cash(BCH) 231.599587673
  • EOS
    EOS(EOS) 3.7441466162
  • LTC
    Litecoin(LTC) 33.4467098878
  • ADA
    Cardano(ADA) 0.0463253862
  • TRX
    TRON(TRX) 0.0143637286
  • DASH
    Dash(DASH) 109.729553642
  • XEM
    NEM(XEM) 0.0790943495

Trending