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Bitcoin tops R60k in record-breaking run - Moneyweb

Data from CryptoCompare puts the market cap of South African bitcoin holdings at just over R1 billion. Picture: Shutterstock

Bitcoin continues to smash records, hitting a series of record highs in just one weekend.

The cryptocurrency hit an all-time high of just over $4 225 on Sunday as the bull run played out across global bitcoin exchanges. In South Africa, the price of bitcoin price shot up...

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Bitcoins in South Africa - Moneyweb

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It's highly efficient as a form of remittance, but there are risks involved - local expert.

HANNA BARRY: The National Treasury along with what seems like all of South Africa's financial...

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Bitcoin’s rivals multiply amid battle for crypto dominance ...

Proposed new coins include super bitcoin and bitcoin silver.

Justina Lee, Bloomberg  /  16 November 2017 11:55

Ongoing feuds in the bitcoin community mean its top-dog status is far from guaranteed. Picture: Shutterstock

It's getting tougher and tougher to keep track of all the different versions of bitcoin.

New iterations of the cryptocurrency are multiplying as disagreements over bitcoin's...

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Related topics : what does mining bitcoins look like / bitcoin mining software open source / bitcoin mining server requirements / what does a bitcoin transaction look like / bitcoin cash fork november

‘Pay your traffic fines in bitcoin’ - Moneyweb

Alberton-based traffic fines administrator Fines4U has recently announced that it will take payment in bitcoin from clients who want to settle their outstanding traffic fines.

According to owner Cornelia van Niekerk, the response has been overwhelming - but for information about bitcoin as an asset class, rather than a payment method.

This is in line with the trend identified by cryptocurrency...

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Related topics : bitcoin payment method / accept bitcoin payments online / accept bitcoin payments on your website / accept bitcoin payments on website / accept bitcoin payments

Bitcoin now bigger than Buffett, Boeing and New Zealand ...

Five things that have been eclipsed by bitcoin in terms of market capitalisation.

Colin Simpson, Bloomberg  /  4 December 2017 09:46


Even if Bill Gates and Warren Buffett pooled their fortunes, they wouldn't have enough to buy all the bitcoins in circulation. Picture: Bloomberg

Bitcoin's extraordinary price surge means its market capitalisation now exceeds the annual output of...

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Related topics : bitcoin price market cap / bitcoin market value total / bitcoin market cap / bitcoin market value / use bitcoin to buy things

All I want for Christmas is bitcoin - Moneyweb

Whether bitcoin is a bubble that bursts or keeps climbing even higher next year it would still make a valuable learning opportunity for children either way. Picture: Moneyweb

In the last few weeks before Christmas, parents around the world are searching for the best presents to give their children. Everything from dolls to drones will be on the shopping list.

But how about also giving them some...

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Related topics : bitcoin price all exchanges / current bitcoin price in dollars / bitcoin stock price history / bitcoin buy price history / bitcoin stock price now

Bitcoin to $50 000 is latest call from prolific stock ...

Ronnie Moas, who for the past 13 years has made more than 900 stock recommendations via his one-man show at Standpoint Research, is now venturing into cryptocurrencies.

Bitcoin will double to $5 000 next year, and reach $25 000 to $50 000 in the next decade, the Miami Beach, Florida-based Moas said in a note to clients Wednesday, where he also disclosed he bought "a little bit" of litecoin,...

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Related topics : will bitcoin be the one world currency / bitcoin cash coinbase account / digital currency like bitcoin

Yes, Sars wants to track your bitcoin trades - Moneyweb

The exponential rise in the price of bitcoin in particular poses a threat to Sars' revenue collection efforts. Picture: Bloomberg

The South African Revenue Service (Sars) is in discussions with some of the top technology companies in the world to enable it to track cryptocurrency trades more efficiently.

Interest in cryptocurrencies, like bitcoin, has risen significantly, but since the...

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Related topics : bitcoin trading price / bitcoin income tax uk