Bitcoin Vending Machine your way to virtual currency

With the current exchange rate at just over R4000 to a bitcoin, it's still too early to tell what lies in store for the virtual currency -but it is at least making inroads into Africa. South Africa's first bitcoin vending machine was recently installed in centurion letting you change our physical rands into digital dollars.

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From: CNBCAfrica

Related topics : bitcoin exchange rate south africa / virtual currency exchange bitcoin / current bitcoin exchange rate / digital virtual currency and bitcoins

China’s Proposed New Law Recognizes Bitcoin as ‘People’s Rights’ - The Cryptoverse

Virtual properties and data, including digital currencies, could be officially “People’s Rights” in China, following the publication of a new Civil Code General Provisions Draft. This gives citizens greater legal protection over non-physical property.

Listen here:

http://www.buzzsprout.com/49549/396165-china-s-proposed-new-law-recognizes-bitcoin-as-people-s-rights

Original article:

https://news.bitcoin.com/china-recognize-bitcoin-peoples-rights/

Produced by Cryptoversity.com the online...

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From: The Cryptoverse

Related topics : digital virtual currency and bitcoins

China Ban Bitcoin Market Crash Video

The Chinese central bank took a hard line two weeks ago, banning the country's financial institutions from handling Bitcoin transactions.

Although the People's Bank of China said individuals were still free to trade it at their own risk, the ban on third-party payment service providers from doing Bitcoin business effectively makes new purchases of the virtual currency impossible... This will make the digital currency gain value in my opinion!!! Great time to buy in!!!!

If you cant be bothered...

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From: Bitcoin Icon

Related topics : get 1 free bitcoins / digital virtual currency and bitcoins

KCN News: SBI Group creates new exchange company

General partner - E-DINAR COIN https://wallet.edinarcoin.com/?r=anna-profit Information partner - Bitcoin Garden http://bitcoingarden.tk/

Strategic Business Innovator Group, based in Japan, has announced its entering to the digital currency business. According to the Coindesk.com, SBI Group creates new exchange services company called SBI Virtual Currencies Co. Ltd. to provide exchange services for digital currencies.

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From: KCN News

Related topics : digital currency exchange provider / virtual currency exchange business / bitcoin digital currency exchange

PAANO BA SI BITCOIN TECHNOLOGY , PAANO SIYA GINAGAMIT?

Bitcoin is a payment system invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009. The system is peer-to-peer; users can transact directly without needing an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain. The ledger uses its own unit of account, also called bitcoin. The system works without a central repository or single administrator, which has led the US...

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From: Nimo Piangco Jaylor

Related topics : bitcoin payment system / digital virtual currency and bitcoins

Will Bitcoin Survive This Test?

Since its inception, Bitcoin has survived several tests. In the beginning, came the user test. The digital currency passed it, as many companies and organizations began to accept Bitcoins as a medium of exchange. Politicians and investment bankers took notice. Bank of America

price target on the virtual currency. Last December, Bank of France gave a strong warning concerning the risks of the virtual...

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From: Wochit Business

Related topics : digital virtual currency and bitcoins / virtual currency exchange bitcoin

Nigeria's central bank cautions financial lenders against Bitcoin

Nigeria's central bank is rallying commercial lenders against virtual markets to fight money laundering and terror financing.

Virtual or digital currency is just emerging in Nigeria. But it's feared to be gaining traction on the back of Nigeria's troubled foreign exchange markets. CGTN's Kelechi Emekalam has more.

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From: CGTN Africa

Related topics : digital virtual currency and bitcoins

Bitcoin Tops $10,000

(CNN)The most expensive bitcoin in the world are flying off virtual shelves in Zimbabwe. The price of the digital currency has soared beyond $10,000 over the past week on Harare-based trading platform Golix, almost double the rates on major international exchanges. "The price has been high for some time and it keeps going up," says Golix trade coordinator Yeukai Kusangaya. She expects soaring demand to drive the price even higher. Bitcoin is no longer a specialist curiosity in Zimbabwe. The...

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From: Wochit Business

Related topics : digital virtual currency and bitcoins

BREAKING NEWS: Bitcoin is the most profitable investment since 2009!

Years after its introduction, Bitcoin is still the most profitable way to invest. Bitcoin is a currency that is completely digital and last reported to be worth over $1,100 each. Bitcoins are accepted internationally which gives it many advantages for consumers and merchants alike. Users are able to send and receive funds without a bank account and each persons sensitive information remains confidential. Typically merchants pay up to a 5% fee on card transactions, but merchants accepting...

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From: PrivateCoin Trading & Consulting

Related topics : bitcoin investment / digital virtual currency and bitcoins / 1 bitcoin worth in 2009 / bitcoin transactions fee

BITCOIN is legal in India soon by CNBC awaz

For information contact

9766333689

Great news...!

*Indian Government's Department of Economic Affairs - Ministry of Finance* has invited public to give suggestions on whether *Bitcoin & other Digital Currencies* should be *Regulated or Self Regulation should be opted.*

We can expect *legalisation & regulatory measures* very soon now.

Please provide your suggestions using the following link.

https://www.mygov.in/group-issue/commentssuggestions-invited-existing-virtual-currencies-framework/

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From: AM TECHNICAL

Related topics : digital virtual currency and bitcoins