Bitcoin People are reaching out across Social Media

The Bitcoin People community is growing rapidly on a daily basis and to expand our reach even further, you can now find us on major Social Media platforms including Facebook, Twitter, Reddit and GooglePlus! Come follow us, like us, comment, share and find all the latest businesses that accept Bitcoin across all our social media platforms.
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Litecoin Reaches New High, Up Nearly 3,000% This Year

Litecoin prices, which have been having a great year, recently surged to a fresh, all-time high. The digital currency, a fork of Bitcoin, rose to as much as $132.34 earlier today, according to CoinMarketCap. By reaching this level, Litecoin has risen more than 2,950% from its price of roughly $4.33 at the start of 2017, additional CoinMarketCap data shows. Close Relationship With Bitcoin Litecoin, which has risen to several record price levels this year, has been rallying as Bitcoin has also climbed to fresh, all-time highs. Bitcoin, the largest cryptocurrency by market capitalization (market cap), has surged to more than $17,000 in the last few days, according to CoinDesk Bitcoin Price Index (BPI), a measure that draws data from various exchanges. By this measure, Bitcoin prices have risen more than 1,600% year-to-date (YTD), additional BPI figures show. While Litecoin's YTD rise has been far greater than that of Bitcoin, it is worth noting that the tw…
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Bitcoin: ‘I’m part of a crazy wave’

In its early days, Bitcoin might have been dismissed as a quirky tech sector fad. But it is rapidly evolving into the mainstream and has already made some people rich. If once Bitcoin was seen as a tool for money launderers and drug dealers, it has recently become as commonplace a topic at middle-class dinner parties as house prices. There are advertisements on the London Underground proposing ways to invest. It's been on the newspaper front pages. There are anecdotes of taxi drivers who say they've borrowed money to buy Bitcoin. And every day, another expert cautions investors that these are just the kinds of things to watch out for if you want to avoid investing in a bubble that's about to burst. So who is still holding onto their Bitcoins, as the price continues to fluctuate? 'It's been really exciting... being part of a crazy wave' Alessandra Sollberger, 29, first invested in Bitcoin in 2012 when each was worth about $9. She had been reading about it o…
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Why Bitcoin is not a bubble!

Commentators always try to compare Bitcoin to other financial products and financial bubbles, yet to my mind the comparisons don't fit. It's not growing like a bubble, it's growing, hitting setbacks, dropping then growing again. When it hits a fork in the road and gets split in two, you don't get two halves, you get two currencies that continue to grow: that doesn't happen in financial models, it happens with cell growth; think of it as something organic and suddenly it makes more sense. When a bubble bursts, there's very little left, when a financial bubble bursts, the receivers come in and sweep up what little mess remains. The Bitcoin price may tumble, it may plummet like a stone, but why would bitcoin become worthless? If it dropped from thousands of pounds to pennies, it would still be worth something and like anything organic, while there's still some of it alive it will continue to grow. Where does it live? It doesn't live in the blockchain, that's just the ledg…
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Bitcoin now passes $15,000

Bitcoin has advanced $1,000 higher in what is becoming an almost daily occurrence for the virtual currency.

Data from Coinmarketcap shows an average exchange price of $15,200 at press time Thursday, marking an astounding advance of over $6,000 in less than a week. Wide spreads on exchanges due to volatility accompanying wild upticks means many exchanges are trading $500 or more below Coinmarketcap’s rating. As an example, currently the difference in the price of one BTC on Bitfinex and Coinbase is over $1,000 at $14,250 and $15,400 respectively. New all-time highs now come and go in the blink of an eye as Bitcoin adds $1,000 of value every day, beating even more optimistic short-term forecasts from the likes of Max Keiser. Not just USD, but other currencies are also seeing milestones, such as Russia’s ruble today, now trading at 1,000,000:1 versus BTC. New price predictions are now hard to form, with regular commentators instead advising new inv…
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Man who Threw Away 80 Millions worth of Bitcoin

A British man says he accidentally threw away over $80 million worth of bitcoin. James Howells, an IT worker from Newport, claims to have unintentionally dumped 7,500 bitcoin in mid-2013. He is now planning to find them, but isn’t sure how, as he believes the hard drive he saved them to is currently buried in a landfill site. The value of the cryptocurrency was around $130 at the time Howells claims to have thrown the hard drive away. It is currently worth $11,350 (£8,435). That means the bitcoin stored on the hard drive would have been worth around $975,000 at the time the device is said to have been ditched. Today, they would be worth $85,125,000 (£63,284,463). “After I had stopped mining, the laptop I had used was broken into parts and sold on eBay. However, I kept the hard drive in a drawer at home knowing it contained my Bitcoin private keys, so that if Bitcoin did become valuable one day I would still have the coins I had mined,” he told the Telegraph. “…
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Latest CryptoCurrency Prices

We've now added a handy new feature on Bitcoin People! You can now checkout the latest prices of all your favourite cryptocurrencies in one place at http://cryptocurrencies.bitcoinpeople.online. View the latest Prices, Market Cap, Available Supply and Volume of Bitcoin, Litecoin, Ethereum, Ripple, Monero, dash, Dogecoin and many more. Prices can be shown in a range of currencies!
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Bitcoin price soars above $11,000 as central bankers seek to calm fears

Bank of England and Fed officials say cryptocurrency is too small to threaten world economy amid warnings of bubble Bitcoin topped $11,000 on Wednesday, less than 24 hours after hitting $10,000 for the first time, as central bankers on both sides of the Atlantic sought to ease fears that a potential bubble in the cryptocurrency was a threat to the global economy. The digital currency continued on its record-breaking streak, rising to $11,150 just as analysts were digesting the news that it had made it through $10,000. However, it then fell back below $10,500, again highlighting its volatility. Bitcoin has risen tenfold in value so far this year, the largest gain of all asset classes, prompting sceptics to declare it a classic speculative bubble that could burst, like the dotcom boom and the US sub-prime housing crash that triggered the global financial crisis. “The madness of crowds is well documented, but it is quite something to behold in the flesh. It’s hard to k…
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Bitcoin People Need You

Are you a shop owner in the UK who accepts Bitcoin?

We're looking for shop owners to come join our free listing directory so millions of Bitcoin customers can connect with you.

BitcoinPeople.online has been setup to create an amazing location for all shop owners to advertise the fact that they accept Bitcoin as a method of payment.

Reaching out to millions of UK and Worldwide customers!

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New $100 Million Cryptocurrency Hedge Fund to Use XRP

TechCrunch and CrunchFund founder Michael Arrington has announced he is going all in on cryptocurrency investments with a new hedge fund called Arrington XRP Capital. As the name suggests, the fund will be managed in Ripple’s XRP but it will invest in a wide variety of cryptocurrency assets and Initial Coin Offerings (ICOs) as well as private equity offerings. Also Read: Bitfinex Faces Further Scrutiny Over Tether Liquidity Concerns $100 Million in XRP Investments New $100 Million Cryptocurrency Hedge Fund to Use XRPAccording to Arrington, the $100 million cryptocurrency hedge fund has commitments from investors for over $50 million already, and they plan to begin trading in the next few weeks. Other than the founder, two additional partners in the venture are former CEO of TechCrunch Heather Harde and veteran technology executive Geoffrey Arone. This move is another strong indication of just how much cryptocurrency is recently becoming a mainstay in Silicon Valley…
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