From Coindesk |REMAX London, the UK-based franchisee of the global real estate network, is now accepting bitcoin, litecoin and dogecoin as payment for property rentals through a partnership with cryptocurrency processor GoCoin.
From BTCNews.com | Litecoin is a peer-to-peer open-source cryptocurrency. Since its integration into the virtual payments universe in 2011, litecoin, like most of its digital currency cousins has experienced its ups and downs. Now that 2014 is coming to a close, many are wondering what the new year will hold for the currency platform, and whether or not it will be able to continue to hold its ground.
From Coindesk | Gold is a commodity like bitcoin and other cryptocurrencies, Citi’s chief economist argues in a research note published yesterday, ahead of a Swiss vote that could cause the global gold price to spike. Switzerland will hold a popular referendum on Sunday called ‘Save Our Swiss Gold’. If passed, it would mandate the Swiss National Bank to hold a fifth of its assets in gold and to repatriate its holdings from England and Canada. The bank would also be banned from selling its gold in future.
Chabat Mining, a French cloud mining company, offers low cost Litecoin mining contracts. Chabat Mining’s data center is located in Bangalore India where electricity and labor is cheap, thus passing on the savings to customers. Chabat Mining is a cloud mining service that offers mining contracts that pay out in Litecoin. It is the only cloud farm with with 4 payouts a day and with the best ROI.
From Coindesk | All of the writing seems to be on the wall. Bitcoin now has PayPal integration and dedicated global banking to go along with its natty logo. Regulators are taking notice of it, and noted retailers are accepting it. If you think bitcoin is mainstream, though, think again. According to an analysis earlier this year, there were only 1.2 million bitcoin addresses holding anything other than dust as of February.
Even its advocates admit that it has a long way to go. Curtis Fenimore’s attempt to promote bitcoin to the masses has stalled. Bitcoin Bigfoot, his grassroots effort to get posters and other materials promoting bitcoin out into the community, “hasn’t been all that active or relevant lately,” he admitted.
From CCN | Various Dogecoin and Litecoin members announced a brand new initiative to both raise Christmas money for orphans in the Philippines and unite the crypto communities over a special cause.
The charity, deemed “Liteshibes4Christmas,” will launch on both the Litecoin subreddit and the Dogecoin subreddit, along with litecointalk.org. The hope is that this charity event will set precedent for all the digital currency communities to join forces and work together for good causes in the future, regardless of differences.
From zmescience.com | A team at MIT has developed a prediction algorithm that allows them to determine when the price of the infamous volatile cryptocurrency, Bitcoin, will drop or rise. Using this method, the researchers managed to double their initial investment in 50 days, all through an automated process that involved more than 2,800 transactions. Since the last year or so, Bitcoin has exploded on the market sitting today at nearly ten times the price it was valued only 2 years ago. Many early investors who believed in the currency and locked their investment have now become wealthy, yet because there are few places you can actually use Bitcoins, the currency is mostly regarded as a commodity.
From Stockhouse | (…) Cryptocurrencies are making headway in emerging economic regions such as Central American, Africa and Russia, allowing Bitcoin holders a method to quickly and securely transfer money without the need of a bank. This is especially important if you consider that 326 million Africans are deprived of banking services and according to a World Bank Report transfer approximately US$32 billion per year to their families. It is also believed that using the cryptocurrency model, countries like Argentina, Venezuala and India would be able to cope with the devaluation of their respective national currencies.
From CCN |
PayPal’s Senior Director of Corporate Strategy, Scott Ellison, explained in an announcement yesterday:
“PayPal has always embraced innovation, but always in ways that make payments safer and more reliable for our customers. Our approach to Bitcoin is no different. That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop.”
From CT: Merged-Mining Deal | Dogecoin has fallen from the early, heady days when no one really cared about the sustainability of the coin and everyone was riding their shibes to the moon. Today, Dogecoin is facing a whole host of problems, but perhaps the biggest of them was just solved. Dogecoin was facing the possibility of a 51 % attack. The coin is rapidly lowering it reward rate for miners. That obviously is resulting in fewer miners which means a lower hash rate and a less secure network. The coin’s community has decided to go forward with merged mining.