What can you buy with Bitcoin?
21st June, 2018
Bitcoin’s mainstream adoption has certainly taken massive steps forward lately, with futures offerings and trading desks at some of the world’s largest financial companies. However, as a method of payment it is yet to be universally accepted. That is not to say you only have the option of exchanging or HODLing. Here are some of[…]
Bitcoin Price Blasts Beyond $7k: Wall Street Is Watching
3rd November, 2017
Every time it seems the Bitcoin price couldn’t possibly climb any higher, it exceeds expectations. Earlier this year Bitcoin made headlines, with analysts predicting that it could go up to $3000. It did, much sooner than most people imagined. A few months later, $5000 and up became the norm. This week, a week-long surge culminated[…]
Bitcoin Gold: Another Bitcoin Fork in the Road
24th October, 2017
The bitcoin fork back on August 1 was the culmination of a dispute over how to scale bitcoin – a long skirmish some have called a “Bitcoin Civil War.” The lack of consensus led to a fork, which is when a cryptocurrency splits into two separate cryptocurrencies. This summer’s fork led to the creation of[…]
The Bitcoin Price Spikes Again: Beyond $5000
13th October, 2017
The Bitcoin price hitting $5000 was once a prediction that only the most bullish would make. In September, it happened, making history. Remember: Just over four months ago, in June, history was made when it hit $3000. Here we are in October and $5000 is already, well, history. This morning the Bitcoin price climbed to[…]
Will China’s ICO Ban Blunt the Blockchain?
12th September, 2017
China’s ICO ban was enacted on September 4, when the central bank declared ICOs an “illegal public finance” mechanism. The ban means that Chinese start-ups will not be able to raise funds through an ICO (Initial Coin Offering), where capital comes in the form of cryptocurrency. It does not mean that cryptocurrency developers and service[…]
The Latest and Greatest Bitcoin Milestone: $5000!
2nd September, 2017
This historic Bitcoin milestone was predicted by Bitcoin proponents well in advance. To some, it was only a matter of time. Others are aiming much higher. None of which dulled the excitement when the Bitcoin price reached an all-time high of $5000 USD per BTC on the CoinDesk Bitcoin Price Index on September 1! 2017[…]
Celebrate a Big Leap Forward in Bitcoin Scaling!
25th August, 2017
The question of Bitcoin scaling is finally settled: On August 24 SegWit was activated! This is a major technical milestone, and a cause for celebration in the bitcoin community. Developers now have the ability to use the new protocol, which is expected to improve transaction speed and security – and lower fees. To give you[…]
Back to Bitcoin Business As Usual
2nd August, 2017
August 1 has come and gone, and SpicePay made it through the drama that divided the bitcoin community. Following a brief security hold, we’re back in the bitcoin business, with all services in good operating order. Your patience during this odd little interval is appreciated. So what exactly happened? As you’ll recall from recent SpicePay[…]
UPDATE: Bitcoin Upgrade Nears
26th July, 2017
Last week BIP91, the bitcoin upgrade designed to solve the scaling issue, surpassed the needed 80% backing. It was activated Saturday, July 22, after 93% of miners signalled their support. There is a next step: More than 51% of miners must start using the BIP91 protocol by August 1 for it to be fully adopted.[…]
Entrepreneurs: the Vanguard of the Bitcoin Revolution
4th July, 2017
Entrepreneurs are naturally drawn to Bitcoin. They are original thinkers, typically unconventional and often visionary. They’re perfectly comfortable taking the road less traveled. They may even prefer it. To them, a decentralized, purely digital currency simply makes sense in an increasingly globalized and digitized world. Business owners and entrepreneurs have been among the first to[…]