"Bitcoin will be a bigger thing than Internet, the iron age and the renaissance. Even greater than the industrial revolution. It will affect the entire world, with greater influence than anyone would ever think."

Tim Draper venture capitalist told Bitcoin is going to be worth up to $250.000,Bitcoin. "Bitcoin will be a bigger thing than Internet, the iron age and the renaissance. Even greater than the industrial revolution. It will affect the entire world, with greater influence than anyone would ever think."
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Tim Draper venture capitalist told these to CNBC, who thinks that Bitcoin is going to be worth up to $250,000. Tim Draper has successfully foreseen the rise of Tesla and Skype – now he considers Bitcoin as the biggest business.

They asked the investor, whether compared to Tesla, Hotmail and Skype, where he entered as an early investor, how big success does he expect from Bitcoin, and his answer was: "Bigger than all of them."

According to the expert, Bitcoin that is worth $9,300 will be worth up to $250,000 within four years.

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In Jack Dorsey’s vision, there will be a global currency within a decade, and he thinks that the primary currency will be Bitcoin.

Jack Dorsey,Twitter,Square,Bitcoin. In Jack Dorsey’s vision, there will be a global currency within a decade, and he thinks that the primary currency will be Bitcoin.
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Jack Dorsey, the CEO of Twitter and the Square application operating platforms outside bank systems said that he saw the future of financial life in online payment tools, primarily in Bitcoin.

Beside that, Mr. Dorsey said that Bitcoin would become the world’s general currency, and might reach the level of US dollar within a decade.

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PayPal is working on the acceleration of cryptocurrency payments.

PayPal,Bitcoin. PayPal is working on the acceleration of cryptocurrency payments.
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PayPal develops such a technology, where sender and recipient may exchange private keys, so they are not forwarded through the blockchain. This technology was copyrighted in the US. Patent Office.

PayPal’s system creates several secondary wallets, where private keys may be collected and forwarded according to the payment amount. This would mean that the confirmation time would disappear, which is appr. 10 minutes when mining a Bitcoin block.

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Bitcon is a real financial revolution according to an ex-J.P. Morgan manager.

Danny Masters,J.P. Morgan,financial revolution,Bitcoin. Bitcon is a real financial revolution according to an ex-J.P. Morgan manager.
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Danny Masters, ex-J.P. Morgan energy trading manager founded the Global Advisor. Global Advisor invests into Bitcoin and other cryptocurrencies.

According to Masters:
"the new, real financial revolution, the world of cryptocurrencies will defeat the banks.

Banks have been doing nothing special for the last 30 years. I have thrown out my check booklet, which is exactly the same as in 1985.

Banks are defeated in terms of innovation, and now they pay the price."

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British companies have purchased Bitcoin, 50% of them keep money in this digital currency.

British companies,Bitcoin. British companies have purchased Bitcoin, 50% of them keep money in this digital currency.
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50% of British corporations keep money in digital currencies, according to a survey by the Citrix software developer company and One Poll.

750 IT enterprises were examined, whose size reached up to 250 persons.

The result of the survey was that these companies have 24 Bitcoins in average.

54% of the enterprises purchased Litecoin as well, 43% of them purchased Ether, 33% own Ripple and 29% have Dash.

32% of these companies would like to pay their employees in cryptocurrencies.

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Samsung invests into Bitcoin business, the company will develop an own ASIC chip.

Samsung,ASIC chip,Bitcoin. Samsung invests into Bitcoin business, the company will develop an own ASIC chip.
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The south-Korean company produces such a special chip (ASIC - application-specific integrated circuit), which is used to mine Bitcoin and other cryptocurrencies.

Several companies manufacture special chips designed to mine cryptocurrencies, the biggest ones are Bitmain and Canaan Creative. Samsung’s entering to the market will have a good effect on the market, because it strengthens the competition.

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Japan’s biggest energy service provider invests into Ethereum blockchains.

Japan’s biggest energy service provider,Ethereum,Electron. Japan’s biggest energy service provider invests into Ethereum blockchains.
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The Tokyo Electric Power Company (TEPCO) invests into an Ethereum-based UK blockchain startup, Electron. Electron deals with making energy service’s centralized industry more open.

TEPCO’s annual turnover is $456 billion. It is present in 8 other countries beside Japan. By this investment, TEPCO receives such a know-how, that significantly increase its efficiency, which would affect the entire international energy market.

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A Russian private person purchased nuclear power plants, because he is going to do crypto mining.

Russian private person,crypto mining. A Russian private person purchased nuclear power plants, because he is going to do crypto mining.
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Alekszej Kolesznyik purchased two nuclear power plants from the T-plus company owned by Viktor Vekszelberg. A 23.6 Megawatt, which is situated around Perm, another in Udmurt, which is 10 Megwatts.

The Russian business man spent 160 million Rubles in total, to make these nuclear power plants providing power to Bitcoin’s mining farm.

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Jamie Dimon regretted scloding Bitcoin.

Jamie Dimon,Bitcoin,J.P. Morgan. Jamie Dimon regretted scloding Bitcoin.
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The boss of J.P. Morgan admitted that he regretted his previous claims when he considered Bitcoin as a fraud. Dimon had also said that he had fired those traders, who will be caught on trading with cryptocurrencies.

Now, he reported to FOX Business that he accepted blockchain technology and cryptocurrencies, but he would separate them from ICOs.

He said the followings:
"I was interested in Bitcoin only regarding its effect on governments once it would raise. I have another opinion in this than other people. I am not interested in this issue anyway."

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Crypto stock exchanges close registrations.

Crypto stock exchanges close registrations. Crypto stock exchanges close registrations.
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Binance, Bittrex and Bitfinex also suspended new registrations, because they are unable to manage the huge interest.

About 100,000 new users are willing to join crypto stocks, and the customer service and server of the companies could not manage that load.

Of course, the operators are doing their best to provide service for these many new customers, but they need to implement serious developments.

They preferred to temporarily limit the registration opportunities on their websites.

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Belorussia officially acknowledged Bitcoin.

Belorussia officially acknowledged Bitcoin,Bitcoin. Belorussia officially acknowledged Bitcoin.
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In Belorussia, cryptocurrency trade will be completely tax exempt, and the ICOs will become legal, so there will be a real crypto paradise.

Aljakszandr Lukasenko, president of Belorussia signed the Act declaring the legalization of cryptocurrencies, ICOs, blockchain developments and smart contracts. Everything related to cryptocurrencies, including minding, will become tax exempt in the upcoming five years.

Exchange of cryptocurrencies to traditional currencies will also become completely tax exempt in the upcoming five years.

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In Japan, a company pays the salaries in Bitcoin.

In Japan a company pays the salaries in Bitcoin. In Japan, a company pays the salaries in Bitcoin.
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Employees of the Japanese GMO Internet Service Provider may request a part of their salary in Bitcoin.

GMO Internet pays ¥100,000 in Bitcoin to 4,000 employees working in Japan, if they prefer this opportunity. Those workers, who choose this payment method, receive a 10% bonus from the corporation.

GMO Internet establishes Bitcoin mining farm in North-Europe in 2018, where they will do mining using the most modern technical equipment.

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What do world’s rich business men say about Bitcoin?

Chamath Palihapitiya,Sir Richard Branson,Jerry Brito,Bill Gates,Max Keiser,Tim Draper,Wences Casares,Rick Falkvinge,Chandler Guo,Brian Singer,Roger Ver,rich business men say about Bitcoin. What do world’s rich business men say about Bitcoin?
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Between 29th October and 2nd November (within 4 days), Bitcoin’s exchange rate increased by $1000.

Market capitalization of Bitcoin is above $100 billion,Jeffrey Tucker,Foundation of Economic Education,Bitcoin. Between 29th October and 2nd November (within 4 days), Bitcoin’s exchange rate increased by $1000.
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The market capitalization of Bitcoin is above $100 billion. Now it also attracts those investors, who were sceptic in the beginning about cryptocurrencies. Thanks to the show up of mainstream investors, we may see significant changes soon.

Jeffrey Tucker, who is also known for being the founder of Foundation of Economic Education (FEE), claimed the following: "The representatives of traditional cash may bring economic knowledge to the world of cryptocurrencies."

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Russia welcomes cryptocurrency miners.

Russia ,Alexander Drozdenko,cryptocurrencies miner farm. Russia welcomes cryptocurrency miners.
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Alexander Drozdenko, the governor of Saint Petersburg region urges the miners to build up their miner farms there.

According to the Governor, they welcome those miners who would build up their mining farms in that area. Drozdenko also offered the local nuclear power plants as sites for the miners.

"To create Bitcoin and other cryptocurrencies, a huge area and cheap energy are required. It is well-known, that the second phase of the Saint Petersburg nuclear power plant has just finished, so huge areas of the original power plant have become available. We would like to utilize these areas as technological park, where beside huge areas, cheap energy will also become available."

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John McAfee claims that Bitcoin will increase to $500,000 soon.

John McAfee,Bitcoin,BTC 500.000 USD value. John McAfee claims that Bitcoin will increase to $500,000 soon.
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In this video, John McAfee talks about that the exchange rate of Bitcoin is going to reach $500,000:
https://www.cnbc.com/video/2017/09/13/john-mcafee-claims-bitcoin-is-headed-to-500k.html

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Bitcoin has become available in the Austrian Post!

Austrian Post,Bitcoin. Bitcoin has become available in the Austrian Post!
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In Austria, Bitcoin is available in more than 1,800 post offices. Customers may quickly and easily exchange EUR to BTC. Beside that, support of other cryptocurrencies are also planned.

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The prime minister of Vietnam also preferred Bitcoin.

Vietnam,Nguyen Xuan Phuc,Bitcoin. The prime minister of Vietnam also preferred Bitcoin.
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Nguyen Xuan Phuc (PM of Vietnam) approved the plan leading to the introduction of digital currencies (such as Bitcoin) as official currencies.

The prime minister ordered the Central Bank, the Ministry of Finance and the Ministry of Public Safety to work out the legal framework of virtual currencies.

The process is expected to be finished by August 2018.

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In the Swiss Falcon Private commercial bank, Bitcoin, Ethereum, Litecoin and Bitcoin Cash are also available.

Bitcoin,Ethereum,Litecoin,Bitcoin Cash,Falcon Private bank. In the Swiss Falcon Private commercial bank, Bitcoin, Ethereum, Litecoin and Bitcoin Cash are also available.
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In the Swiss Falcon Private commercial bank, Bitcoin, Ethereum, Litecoin and Bitcoin Cash will be available for customers, and Bitcoin investments will become available in mid-summer.

Falcon Private Bank was the first commercial bank in the world who enabled their customers to access to their investments via netbank.

They also placed Bitcoin ATMs into their centre in Zürich, to make those customers get Bitcoin, who would like to pay in cash.

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Ethereum miners have hired a Boeing to purchase graphic cards.

Ethereum mincer,Boeing hiring. Ethereum miners have hired a Boeing to purchase graphic cards.
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Ethereum mining has become a huge business by today, therefore, there is a shortage on the market of the required graphic processing units.

Therefore, major mining companies hired a Boeing 747 airplane to deliver the graphic cards, so they do not have to wait until the next oversees shipment.

Hiring an airplane is pretty expensive, but it is still worth, because every other cost of Ethereum mining remained the same, but the $10 exchange rate increased to $400.

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According to Henry Blodget, the CEO of Business Insider, the value of Bitcoin may reach $1 million.

Bitcoin may reach $1 million value,Business Insider,Henry Blodget. According to Henry Blodget, the CEO of Business Insider, the value of Bitcoin may reach $1 million.
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According to Henry Blodget, the CEO of Business Insider, the value of Bitcoin may reach $1 million.

Jim Cramer TV person agreed with Mr. Blodget regarding the exchange rate in the CNBC program.

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