Bitcoin et al

Not everybody loves bitcoin. Skeptics will always find a way to opine that Bitcoin has no future. Take a look at the skeptics of the past and see what they had said. 1876: “The telephone has too many shortcomings to be seriously considered a means of communication.” — William Orton, president of Western Union. 1995: “I predict the internet will soon go spectacularly supernova and in 1996, will catastrophically collapse.” — Robert Metcalfe, founder of 3Com. 2007: “There’s no chance that the iPhone is going to get any significant market share.” — Steve Ballmer, Microsoft CEO. Source: ccn.com

Compared to Stocks and Bonds The investment case for cryptocurrencies is weak. Unlike stocks and bonds, currencies generate no cash flows such as interest payments or dividends that can explain their prices. National currencies derive their prices from the underlying economic activity of the countries that issue them. Cryptocurrency prices, on the other hand, are generally not based on economic fundamentals. To date, their prices have depended more on speculation about their eventual adoption and use. ~ Joe Davis, Vanguard economist via ccn.com

Xapo, the Swiss-based cryptocurrency wallet and vault service provider, stores more than $10 billion worth of bitcoin in its cold wallets managed offline in safe Swiss vaults. According to Bloomberg, more customers have stored bitcoin in Xapo’s vault than 5,670 banks in the US. ~ ccn.com

The price of bitcoin may be falling but the blockchain technology – the technology behind bitcoin – remains promising. Here's why .

23 May 2018 Bitcoin price continues to fall to less than $7700 USD since May 6 when it hit $10,000 USD. But bitcoin is not alone. Nearly all the top 100 crypto assets are experiencing the same decline. Read complete report .

Buzzing among the apps in the Philippines, Coins.ph is a payment app and bitcoin exchange in the Philippines. It acts as a digital wallet that one can use to pay bills online, send remittance, and buy and sell cryptocurrencies. This service is available on the Web and via its app on Android and iOS. What is Coins.ph exactly? Coins.ph was founded, I presume, with bitcoin in mind. Bitcoin is a cryptocurrency; crypto because it is encrypted. It is encrypted to make it safe and hack-proof. If US has a dollar currency while the Philippines has the peso currency, the global Net has bitcoin (among others) as its digital or virtual currency. To use bitcoin, you have to be part of the Bitcoin network. To be part of it, you have to have a bitcoin, first and foremost. To access the Bitcoin network, you have to have a digital wallet. So, where do you get one? Enter Coins.ph. In the Philippines, coins.ph is the source. To use Coins, you have to go to its website, which is coins.ph, or dow...