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Apr 29
Bitcoin will become mainstream

Bitcoin Will Become Mainstream in the next 10 Years

By News & more No Comments

Its no news that we are at the starting point of what would be a completely transformed world. We may like it or not, but global shift has been happening for some time now. The “old ways” we do business is changing as we speak. The first field to see changes are the financial systems. The change will not happen so rapidly, they say. However, there are indications that Bitcoin will become mainstream in the next 10 years.

The Paxful Survey

Paxful is a peer to peer marketplace where people can trade with Bitcoin. They, reportedly, support more than 300 payment methods. Recently, Paxful conducted a survey to examine the experience people have with Bitcoin. Also, they questioned the attitude towards future developments in the fin markets.

The survey included 500 men and women in the US. All participants had previous working knowledge and experience in trading with Bitcoin. The survey showed some interesting, but not so unexpected results.

Namely, the survey tackled various topics. From owning cryptos or not, to the attitude towards wider adoption, the survey covered it all. The overview of the results shows positive thinking about Bitcoin. It also shows its advantages in comparison to traditional payments. Moreover, it stressed the belief that Bitcoin can fight corruption. However, there is still a long way to go to its dominance. Bitcoin will become mainstream, undoubtedly.

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Americans to Lead the Way in Bitcoin Adoption

Interestingly, almost half of the respondents believed that there must be a triggering event that would cause greater shift from traditional financial system to the digital one. Whether the ongoing coronavirus pandemic is such an event, we will see very soon.

One thing is for sure – the Americans will lead the way in Bitcoin adoption. The survey showed the following:

  • 64% of respondents think the USA will lead the way, followed by the UK with 39.80%. Southeast Asia ranked third with 32.20%.
  • The survey respondents think that the main barrier to wider Bitcoin adoption is the lack of knowledge (53%), followed by the lack of resources (34.4%). On the other hand, we have seen universities introducing courses on blockchain technology  and cryptocurrencies, across the USA.
  • Majority of surveyed participants think that the main use case of Bitcoin is the micropayments, as well as real-life payments (64.4%), which is in line with other studies on this topic showing that people spend their cryptos on food and clothes usually.
  • Even greater number of participants (69.20%) believe that Bitcoin will become mainstream in the next decade and the main means of payments in real-life.
  • Half of the surveyed people (50.4%) think that Bitcoin’s main purpose will be to fight corruption.
  • Bitcoin’s underlying technology – blockchain has also been in the scope of the survey. Amazingly, 56.60% of participants think that blockchain will be the means to influence governments, any kind of agreements, digital identities, data management, etc. Almost the same number of surveyed people (56.40%) believe that blockchain is transforming the world.
  • The participants recognized the complexities of the current traditional wire transfers and lack of payment tools as the tipping point for Bitcoin global adoption (64.40%). The triggering event in the traditional fin systems and the need to store the value ranked second and third, respectively.
  • According to respondents, mobile mining (57.4%), will drive the next wave of cryptocurrency adoption.

The Final Word on Bitcoin Adoption

Mr. Artur Schaback, Chief Operation Officer and Co-Founder of Paxful reportedly stated:

“…I think, as an industry, we should work towards creating more products that will be used for real-life use cases that can help accelerate mainstream adoption.”

This sounds as an acknowledgment of the fact that Bitcoin has entered every pore of our daily lives and will continue to do so. Will the new products influence a global adoption in the next 10 years? We will see.

What You Can Do with Bitcoin

Apart from spending your Bitcoin in everyday shopping, have you considered playing with it? Or better yet – earning some Bitcoins? Bet safe and crypto accepted Brango Casino has special promotions and hot offers to choose from. Don’t miss out the opportunity!

Apr 15
After coronavirus

After Coronavirus, There’s Bitcoin

By Lifestyle No Comments

One thing is for sure: after coronavirus we will continue to provide the best entertainment online giving you the chance to fill up your wallets. There will be exclusive promotions and boosts, as well as free spins, crypto deals, and all the wonderful things you used to. So, the fun will not lack at our bet safe and crypto accepted Brango Casino.  However, many voices globally continue asking – after coronavirus, what’s next? Therefore, we decided to explore. And, thankfully, concluded that liquid assets, and cryptos especially, could be the answer. After coronavirus, there’s Bitcoin.

Change of Habits

The situation we found ourselves in luckily has a positive side. More precisely, it provides the opportunity to draw the positive aspects out to the open. When in trouble, only the true courage or resourcefulness can triumph.

Being forced to live in a certain way, humans adapt. For some, the change happens steadily and smoothly. Others struggle. Either way, if we wish to survive, we have to find a way to navigate the storms.

The coronavirus lockdowns and safety measures have taught us to be precautious and communicate in a completely new manner. Personally, I found communication crucial to survival. So, if we must take distance between one another, and gradually develop the habit of distancing as the crisis continues, will the new brave world be more self-sufficient?

Change of Expectations

Coronavirus crisis has accentuated the importance of health care accessibility. It has also stressed the importance of international co-operation, especially in the healthcare system. Apparently, great amount of people seeks help and comfort in others in difficult times.

This raises several questions, all of which relate to money. The equation is quite simple. The more money you have, the better healthcare package. It is only logical to assume that more and more people will demand better and more accessible healthcare. While it is up to the system to take care of this, what individuals can do is try to secure as more liquid funds as possible. This can enable them to pay for proper healthcare should the similar pandemic occur.

How to Secure the Funds?

The challenge is in finding the way to secure those funds, in case you still do not have them. The only way we can think of at the moment is to try playing with us and potentially earn money. As you will see from the interview linked below this post, Bitcoin could be one of the smart choices, due to its liquidity and accessibility. And Brango Casino has an exclusive crypto promotion offer of 200% and 75 free spins for your next crypto deposit. The best part of it is that cryptos allow for instant withdrawal.

Change of Global Economics

There have been predictions that only the very large corporations will endure this crisis with as much as a scratch. Smaller businesses will suffer, some of them irreparably. Although we, as regular people and not experts, cannot tell at the moment whether it would result in such a strong crisis, be prepared.

Global shift leaves no one intact. The time it would take to recoup the lost profits and inject it into newly produced values will probably take its toll on a whole generation. In the meantime, finding alternative ways to keep your head above water will become crucial.

What Next?

While deciding what to do, we invite you to listen to the interview with Mr. Anthony Pompliano, Co-founder of Morgan Creek Digital . He talks about the expectation he has from investing in Bitcoin, in years to come. Let us know your thoughts on the interview, as well a on how you are preparing for the future.

 

 

Feb 10
Bullish Bitcoin

Bullish Bitcoin Year 2020

By News & more No Comments

Bitcoin is back and is ready to claim its throne once again. Bullish Bitcoin year is upon us, according to analysts at Coinbase blog. Some analysts go even so far as to claim that Bitcoin will reach $400,000 after halving in May 2020.

Where does BTC stand today?

At the moment of writing of this text, the price of Bitcoin is set at $ 9,976.35. If we take a look back at the last year movement, we could say this is a slight decrease from last summer, when BTC had the value of approximately $13,000. However, many analysts claim that the recent break out is the real deal and that bullish Bitcoin year has already begun.

Storing Value in BTC

It has been estimated that the investments in Bitcoin showed their full potential when the Bitcoin broke the $10,000. Now, when we think about it for a moment, we will see that there are few reasons for this.

Firstly, people like to store value. The number of Bitcoin holders is on the rise. This trend has been ongoing for a year, apparently. The interesting thing is that approximately more than 12.5 million BTC has not moved in a previous year.

This draws attention because Bitcoin has been fluctuating during all those months. Nevertheless, the holders apparently decided to wait for BTC to reach the highest price. We could be witnesses of this happening soon.

If we were to judge according to the year behind us, BTC saw a total return on investment of more than 90%. If Bitcoin continues its bullish trend, we are yet to see the peak of its power.

Bitcoin Halving in 2020

The second reason why people invest in BTC is the future halving in May this year. As you already know, when something is scarce, it is therefore more valuable.

Bitcoin’s projected number of units in circulation is 21 million. Having said previously that more than 12.5 million BTC units did not move for a year, waiting for “better days”, we could see that it is more than half of the total number of units. Halving is the event everyone waits. It means that new bitcoin issuance will drop from 12.5 to 6.25 new bitcoins minted every ten minutes.

Once this happens, Bitcoin will become twice as scarce as before, theoretically meaning at least twice as valuable. In practice, the estimates say we should see the positive increase in value. We are yet to see this increase up, close and personal.

As a reminder, the previous times Bitcoin was halved, its price increased 13,000% (following the 2012 halving), as well as 12,000% (following the 2016 halving).

The question remains: are you on board and ready to earn some Bitcoin by playing in our bet safe and crypto accepted Casino Brango?

Feb 06
bitcoin transactions

Bitcoin Transactions Break Half a Billion

By News & more No Comments

The Bitcoin network has surpassed 500 million Bitcoin transactions, reports Decrypt. This major milestone was achieved after 11 years of the first-ever transaction.

Crypto firm Casa CTO Jameson Lopp celebrated this on Twitter.

The Bitcoin network has doubled its number of transactions in the last three years, rising from 250 million in 2017. According to the data site Satoshi, there has been an increase in the number of Bitcoin transactions on the blockchain per year. In 2017, it crossed 250 million transactions, before rising to 500 million today. At this rate, Bitcoin could cross 1,000 million in under two years.

Nakamoto and the late Hal Finney made the first-ever transaction on Jan. 12, 2009. Nakamoto sent Finney 10 BTC as a test. After this venture, the computer scientist began mining blocks himself. Ten months later, on Oct. 5, 2009, the New Liberty Standard set an initial Bitcoin exchange rate against the dollar. At the time, $1 was worth 2300.03 BTC.

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Feb 03
bitcoin emoji

Bitcoin Emoji Has Just Revealed

By News & more No Comments

The big news is that you can now use Bitcoin emoji in your tweets. Twitter co-founder and CEO Jack Dorsey tweeted the newly added Bitcoin emoji on Feb. 2 and showed how we can use it.

Dorsey’s tweet showed that, now, whenever a Twitter user writes the Bitcoin or BTC hashtag, an image showing its symbol appears next to it. His tweet also tags Unicode, possibly pushing them to introduce an emoji that can be used across all web platforms. Unicode has supported the Bitcoin symbol as one of its currency signs since 2017. But there is currently no emoji version, meaning the symbol only appears as a black and white glyph, and not in the orange it is frequently portrayed in.

The most popular symbol used for Bitcoin is exactly ₿ – a capital letter B with two vertical strokes at the top and bottom, as introduced by BTC creator Satoshi Nakamoto. After Twitter added the emoji to its platform, many cryptocurrency personalities test-tweeted it, including Tron (TRX) founder and Bittorrent CEO Justin Sun.

On our blog, you can read a very interesting story about one lottery winner invested half in Bitcoin. However, you have to know that BTC is the most used cryptocurrency at bet safe and Casino Brango. What you would do with this information? Nothing but playing over 200 RTG games and try to win big.

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