Cryptocurrency – BitcoinPeople

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. The Salamantex Online Crypto Payment Service allows webshops to accept crypto payments hassle- and riskfree. Our service can be integrated into any online shop, either manually by using our API documentation or via provided plugins. Salamantex also offer a Crypt…

About That Orange B… The History of Bitcoin’s Logos

Can a logo symbolize the ethos of a project? An industry? An entire movement?

This is perhaps too much meaning to attribute to any one design, but if any logo has come close to the task, it’s that of bitcoin.

Belonging to no corporation, no in-house graphic design team at a shiny Silicon Valley startup, bitcoin’s logo has given the faceless project’s many adherents an image to hold on to. And not only to hold on to – but to emblazon on shirts, stick to laptops and stamp on physical coins – giving the digital project a material existence that has been crucial for its propagation.

Perhaps more importantly, the collaborative development of bitcoin’s unofficial logo framed its encounter with the rest of the world.

In creating a symbol that resembled those of other currencies, bitcoin was visually introduced to newcomers as money. And in elaborating this symbol into a logo that could reside alongside Visa and Mastercard stickers on shop wi…

Crypto Adoption: Another Town Accepts Taxes in BTC

Although we’d love to see it happen in a single day, cryptocurrency mass adoption takes time. Two new examples show that it is indeed inching towards being generally accepted. The Ontario town of Innisfil has announced that they will be accepting cryptocurrencies, Bitcoin first, for property taxes payments during a trial that will last a year. Meanwhile, Sweden-based crypto gift card provider Bitrefill now lets you book AirBnB rentals in the US using five different cryptocurrencies.

Innisfil residents will be able to pay taxes with Bitcoin through a wallet called Coinberry Pay. The funds, sent in Bitcoin, will then be converted to the Canadian dollar and transferred to the town. Ethereum, Litecoin, Bitcoin Cash, and XRP may follow, according to national news agency The Canadian Press. The trial period for this payment option will last a year, starting in April.

Innisfil, which is a home for 36,000 people, is far from the first jurisdiction to implement s…

Major Car Dealerships and Airport Limos in Japan Begin Accepting Cryptocurrencies

A regulated cryptocurrency exchange in Japan has partnered with two companies to enable cryptocurrency payments for their businesses. Hinomaru Limousine has started accepting payments in cryptocurrencies for its airport taxi service while Carchs Holdings allows crypto payments at its used car dealerships. Airport Car Service by Hinomaru Bitpoint, one of Japan’s 16 regulated crypto exchanges, recently announced two business alliances to increase merchant cryptocurrency adoption in the country. On Tuesday, the exchange revealed a partnership with Tokyo-based Hinomaru Limousine to trial cryptocurrency payments for the company’s airport taxi service between Nov. 6 and Jan. 9. Established in 1981, Hinomaru operates a fleet of 362 limousines and 161 taxis, Bloomberg reported. A source familiar with the matter told the news outlet that if the trial “is successful, it may be expanded to include regular taxi rides.” According to Bitpoint’s announcement, crypto payments …

Bitcoin [BTC], Ethereum, Litecoin and many more accepted as payment by Marks Jewellers

In a big push for cryptocurrency adoption, Marks Jewellers, one of the biggest jewellery retailers in the United States, recently announced that they would be adding multiple cryptocurrencies as payment methods. This move is to reportedly expand the reach of the company to reach global proportions. The jewellers decided to add Bitcoin and other cryptocurrencies as a payment method in order to pay lower fees for cross-border payments and avoid pitfalls of centralised payment processing systems such as chargebacks. They aim to capitalise on the blockchain and its poster technology in order to “open Marks Jewellers store to the world”. They announced support for coins such as Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Diamond (BCD), Bitcoin Gold (BTG), Ethereum (ETH), Litecoin (LTC), Dash and Zcoin (XZC). This marks a big drive towards adoption in partnership with Shopping Cart Elite, an e-commerce platform. Moreover, the business has been functioning for over…

Meet Erik Finman, the Teenage Bitcoin Millionaire

Erik Finman is one of the world’s youngest bitcoin millionaires – an achievement he’s not shy about flaunting. The 19-year-old’s Instagram feed is full of ostentatious photos of himself stepping out of private jets or lying on beds covered in money with captions like: “Cash so worthless compared to Bitcoin I’m sleeping on it …” In one photo he is pictured smoking, with the caption: “Sometimes you just need a good smoke to relax when you have to live with the exhausting burden of so much money and too many beautiful women.” After one of his fans admonishes him, he replies: “Don’t worry guys. It’s not a real cigarette. Just a hundred. Don’t smoke!” The teenager, who first bought bitcoin at age 12 with $1,000 from his grandmother, styles himself in a similar vein to the notorious Martin Shkreli; he’s just younger and not in jail. However, all is not as it seems with Finman. Far from being a vapid bitcoin bro, he admits his social media presence is a carefully calculated f…

The Good, The Bad, And The Ugly Of Initial Coin Offerings

Initial coin offerings, more commonly referred to as ICOs, are an innovative fundraising mechanism in which new projects receive Bitcoin and Ethereum in exchange for crypto tokens that get value if the project turns out to be successful.

As you can see from the infographic below provided by BTXchange, this kind of fundraising opens up a lot of new possibilities for startups. However, there's a big stumbling block that often gets brought up whenever discussions about ICOs take place.

Shortly put, ICOs have no regulation in some countries.

In other words, if you live in a country which has not yet introduced any regulations and invest your cryptos into an ICO that turns out to be a fraud, you have nowhere to submit a complaint, let alone get your money back.

However, many feel like the benefits of ICO by far outweigh the problems that plague this fundraising mechanism. For starters, unlike ventur…

Dormant 720 Million Dollar Bitcoin Wallet Has Woken Up – But Who Owns It?

Once again in the world of cryptocurrency, we have a mystery on our hands. A $720 million sleeping giant has woken up after four years, with $100 million moved to Bitfinex and Binance over the course of ten days at the end of August. The bitcoin wallet contains 111,114 BTC or 0.52% of the total supply. The sudden movement of these dormant funds could have a disruptive potential in the market price action, particularly if the funds belong to one of the two possible likely candidates suggested by Reddit sleuth u/sick_silk. The Redditor brought the movement of the funds to the attention of the crypto community by publishing a series of posts tracking each transaction in detail accompanied with graphs representing the activity. The first post was made on 31 August and suggested that the funds may be connected to the now-defunct dark web market Silk Road which handled the trade of billions of dollars worth of contraband such as recreational and prescription drugs, illegal w…

Hodl, Whale, Moon, Sats – Cryptocurrency Slang Terms Explained

Cryptocurrency investors use a variety of terms. Bitcoin enthusiast Peter Saddington explains what some mean.