Blog – BitcoinPeople

Win One of Our Awesome BitcoinPeople T-Shirts

Hi All this week we are giving Two lucky winner’s the chance to win one of our BitcoinPeople T-Shirts! To Enter you must either claim your listing which has been added by us or create your own. Our T-Shirts come in the colour black and from Small to XXL. Produced by @doyoucrypto they are of exceptional quality. Winner will be chosen at Random on Friday 1st June. It's super easy to claim/create a listing. To claim Just signup and click the 'Claim Listing' button with in the header image. Follow the on screen instructions to personalise your listing and that's it. To create a new listing signup and click 'Create Listing' in the top right of the website. View our FAQ's for further information. Good Luck & We Welcome you to the BitcoinPeople Community!

Is Bitcoin Safe?

You may have asked the question: is Bitcoin safe? on multiple occasions. Should you really think to put your money into Bitcoin? Well, Tim Draper is an investor with renowned opinions about the cryptomarket. He is an avid believer in the positivities of crypto and his bullish position has earned him many followers and detractors. On multiple occasions, his predicted forecasts have proved successful despite adverse scenarios, and this is something to take into consideration. A few years ago, Draper predicted that Bitcoin would increase by more than 10k, a figure that only a few believed possible at the time. His prediction was met in about one year. A month ago, Mr. Draper also predicted that Bitcoin would cost 250k by 2022. Quite a controversial and yet not impossible figure compared to Bitcoin’s previous performance over time. This Thursday, in an interview for CNBC, Tim Draper spoke about the advantages of using cryptocurrencies over the traditional FIAT system. For …

Can I accept bitcoin? Should I accept bitcoin?

Virtual currencies have recently been in the news as a result of the US Securities and Exchange Commission’s ruling that offers and sales of digital currencies are subject to federal securities requirements (there has not yet been any equivalent ruling in the UK). Nevertheless, digital currencies have continued to grow in popularity; Bitcoin, the most widely used, has quadrupled in value since the beginning of the year, as a result of the activity of speculators. The use of bitcoin for transactions has also increased: there are now over 16 million bitcoins in circulation, with between 200,000 and 300,000 bitcoin transactions recorded every day. While bitcoin is not yet accepted by many large retailers, it can now be used in an increasing number of smaller outlets and is accepted by some online merchants. So what is bitcoin, and should retailers accept it as a means of payment? How does bitcoin work? Bitcoin is a peer-to-peer cryptocurrency based on distributed ledge…

Win a free ‘Promotional Listing’ worth $35

To celebrate the upcoming Easter holidays we’re giving one lucky business owner the chance to win a 1 month ‘Promotional Listing’ worth $35. All you have to do is list or claim your business listing this Easter weekend to be in for a chance to win*. What is a ‘Promotional Listing’? A Promotional Listing is featured on the homepage & throughout the site. It’s will also be featured daily via our social media accounts & popular forums including BitcoinTalk. This will help get you noticed and hopefully lead to extra customers in your store. All Promotional Listings last for 1 month for only £25 (approx. $35). *New customers only - Competition starts from Thursday 29th March and closes on Tuesday 2nd April at 12pm. Winner will be selected at random. Promotional Listing period will run from April 9th for 30 days.

Definitive list of Popular Bitcoin Payment Gateways

If your thinking of adding Bitcoin & other Cryptocurrency payments to your store, or maybe your not happy with the one you're already using. We've put together a definitive list of popular Bitcoin Payment Gateways to help you find the best one for your business. Merchants who are running an online business on WordPress or Shopify or anything similar online platform can now start accepting Bitcoin. But Bitcoin is not only limited to online businesses, offline business should also start accepting Bitcoin as payment. To do this, you will need to know about Bitcoin payment gateways. So we've put together a definitive list of popular bitcoin payment gateways. Please note the list below is in no particular order. BitPay is a leading Bitcoin payment processor based out of the US since the early days of Bitcoin in 2011. With the BitPay app, you can accept Bitcoin as payment for more than 40 integrations with popular e-commerce platforms and point-of-sale systems a…

Should Bitcoin be used to help countries hit by disaster?

Bitcoin entrepreneurs want to rebuild Puerto Rico as cryptocurrency-fuelled economy. Would that help or hurt the devastated country? Cryptocurrency entrepreneurs have moved to Puerto Rico to build a crypto utopia – initially dubbed Puertopia but now named Sol – where they plan to pay little in taxes. The crypto expats also hope to demonstrate how the city of the future will look with blockchain methods used for most transactions alongside the development of a new digital cryptocurrency. But it’s less clear about whose future – the few or the many – will be the driving force for change on the US territory. Puerto Rico was devastated by last year’s Hurricane Maria and, with inadequate aid from the US, it desperately needs investment to rebuild the island’s infrastructure. Puerto Rico was already facing severe financial difficulty before the calamity. It goes some way to explaining why local authorities are cautiously welcoming the arrival of cryptocurrency entrepreneu…

Las Vegas Strippers Accept Bitcoin via QR Tattoos

There has been a lot of talk recently about the missing representation of women in the male-dominated cryptocurrency ecosystem. While Las Vegas strippers are not the representation some hoped for, they are an example of how bitcoin can help working women control their financial affairs and avoid potential problems with prudish banks. A Las Vegas news show has featured a segment on an adult entertainment venue in the city which enables its strippers to get payments from clients directly via bitcoin transfers. The use of the cryptocurrency was primarily showcased as a privacy enhancing measure (preventing your wife from seeing the payments on the credit card bills) as well as an attraction for affluent bitcoin investors. The Las Vegas strip club is called the Legends Room and we reported about its opening back in May 2017. The local news team interviewed the founder, Nick Blomgren, as well as a number of the adult dancers at the place. They even explained how visitors can u…

We’re Giving Away 0.01 Bitcoin – Enter Here!

CONGRATULATIONS TO FIKRI ABDILAH! You've just been chosen at random to win 0.01BTC which is currently valued at around $114. The winner has been in contact and the winnings has been sent to him! https://blockchain.info/tx/c694d7780c232baf5db521a6fdf0ffbb67b8834362be0798eb506000c9b8c26b COMPETITION IS NOW CLOSED! We’ll be announcing the winner on Monday! GOOD LUCK! Want to win an amazing 0.01 BTC!? All this week we're giving one lucky winner a chance to win an awesome amount of Bitcoin. All you have to do is participate in the simple steps below*! Good luck! a Rafflecopter giveaway *Terms & Conditions apply.

Bitcoin Is Finding Its Way into High Schools

Bitcoin Is Finding Its Way into High Schools Over the past few years, colleges and universities all over the world have been creating courses revolving around cryptocurrencies and blockchain technology. Now the subject is slowly infecting the halls of high school students who want to learn about these emerging technologies. Because of the increased student interest, this week a Business and Personal Finance teacher from Union Catholic High School in Scotch Plains, New Jersey announced plans to add the topic of cryptocurrencies to his course next semester. Younger Generations Are Becoming Very Interested In Bitcoin Students all over the world are interested in cryptocurrencies and the subject is being taught throughout many college campuses. However, the trend is starting to find its way into high school classrooms as younger scholars are fascinated by this technology. Just recently news.Bitcoin.com reported on a high school in Brisbane Australia where students had such an …

CryptoCelebs: Famous People who are Part of the Cryptocurrency Craze

Cryptocurrency are the latest craze sweeping the world, and it’s not just average Joes dropping their life savings for a piece of the action. Some of the most popular people in the world have used their money, celebrity, and immense social media followings to invest in or endorse cryptocurrency-based businesses and services. A lot of the celebrity support for cryptocurrencies revolves around the Initial Coin Offerings (ICO) the cryptocurrency startups create. An ICO is a fundraising event where a cryptocurrency sells a percentage of that currency, in the form of tokens, to people in exchange for money to help get the cryptocurrency off the ground. A few words of praise from certain celebrities have helped numerous cryptocurrencies earn millions of dollars in funding. Actors, musicians, athletes, and entrepreneurs have all been drawn to the allure of cryptocurrencies. These are some of the most notable celebrity endorsements. Richard Branson, the Virgin Group founde…