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Satoshi Nakamoto could already be on the Forbes list

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Recently, the price of bitcoin exceeded 6,000 dollars, and the capitalization briefly exceeded $ 100 billion. Thus, the alleged state of the anonymous creator of crypto currency Satoshi Nakamoto exceeded 6 billion dollars, theoretically making it possible to include it in the list of the richest people in the world according to Forbes. At the current bitcoin course, 1 million coins, owned by Satoshi, would place him at 237 in the Forbes rating.

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The organizer of business flights Star Jets International opened a payment in bitcoins

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Star Jets International LLC now accepts bitcoin payments for private jet flights. The company is a wholly owned subsidiary of Advanced Defense Technologies, Inc. Customers who use Star Jets get to leverage all the advantages of using a corporate jet, according to an Econotimes article.  Furthermore, customers have access to over 5,000 jets domestically and roughly 15,000 across the globe. The company allowing bitcoin transactions may now open up a new realm of possibilities for the company along with a new customer base.

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Charlie Lee criticizes Bitcoin Cash for trying to be called "real" bitcoin

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October 17, Bitcoin.com published a contradictory statement, which stated that it was Bitcoin Cash that should be called bitcoin. In response, leading industry experts, including the maker of lightcore, Charlie Lee (Charlie Lee), criticized such attempts. Bitcoin Cash was launched in early August from hard fork bitcoin, which supported several major mining pools, including ViaBTC and Bitmain. Since then, the support and demand for Bitcoin Cash has decreased significantly, which is noticeable in terms of the hash and market capitalization of the crypto currency.

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Bank of America: the real value of crypto assets can not be estimated

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According to analysts at Bank of America Merrill Lynch, brokerage companies that offer products in the field of crypto currency can have a big impact on the global market. In the report of the bank entitled "Implementation of Crypto-Currency - what are they good for?", Analysts are considering the potential of Bitcoin, Ethereum and XRP, as well as the main aspects of the market and open functioning network of detachment. It is noteworthy that the report touches on possible factors that could affect the future progress of the crypto-currency market, including financial products based on this technology.

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JPMorgan launches payment network using blockchain technology

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The largest bank consortium in the US, , is launching a new platform for interbank payments, built on the basis of a blockchain. The Interbank Information Network (IIN) will be launched with the participation of two other banks - the Royal Bank of Canada and the Australian and New Zealand banking group and is built on Quorum, the corporate blockchain network JPMorgan based on the Etherium, which was first introduced last fall. It is expected that during the coming months other participating banks will join this initiative.

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The first Blockchain & Bitcoin Conference Malta to be held in St. Julian's

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St. Julian’s will host the event for all those interested in blockchain and cryptocurrencies in terms of business - Blockchain & Bitcoin Conference Malta. (December 7, 2017). Its participants include entrepreneurs, investors, consultants and IT specialists working with blockchain and digital currencies. The event will be attended by representatives of the Government of Malta. At the beginning of the event, they will make a welcoming speech. Speakers of the conference are analysts of the cryptocurrency markets; financial and legal experts; blockchain developers; representatives of startups and large companies that use blockchain technology; cryptocurrency and venture investors.

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Woo Law: The number of bitcoin users doubles every 12 months

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Bitcoin and crypto-currency researcher Willy Woo, who is highly respected in the community, announced that the number of Bitcoin users is about doubled every 12 months. Using as one of the main indicators of the increase in the number of Bitcoin users of the Google Trends app, Wu formed an infographic showing the exponential growth rate of the bitcoin user base. You stressed that against the backdrop of a stable growth rate and periodic surges, which usually depend on the movement of the price of the crypto currency, in the long term the bitcoin network will continue to demonstrate a steady increase in the user base.

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Julian Assange "thanked" the US government for the growth of savings in bitcoins 50 times

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Julian Assange, founder of Wikileaks, "thanked" in his Twitter for the US government and financial institutions for the persecution of Wikileaks, which forced the organization to switch to bitcoin in 2010. In his publication Assange notes that the accumulation of Wikileaks in the crypto currency grew by more than 50 000%. On October 14, Julian Assange expressed his "deepest gratitude to the US government, Senator McCain and Senator Lieberman for forcing Visa, MasterCard, PayPal, AmEx, Moneybookers and other payment systems to organize the illegal banking blockade of Wikileaks in 2010." Assange said that the financial embargo "forced Wikileaks to invest in bitcoin, due to which the organization increased its investments by more than 50 000%."

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Analysts: bitcoin is not money, only an asset that is "resistant to censorship"

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Bitcoin is a "class of assets that are not subject to censorship," but it's also not quite money, analysts at Bernstein, based in New York, say. According to Business Insider, in a message that was sent to the company's customers on Wednesday, Bernstein analysts conducted a study of this issue, ultimately suggesting that although bitcoin possesses some characteristics of money, it does not comply with the definition that is currently applied to money. Fee money is still the main form of financial regulation - governments still collect taxes in fiat money, and salaries are still paid in fiat money, "the report explains." Thus, today bitcoin emerged only as a class of assets that "are not subject to censorship."

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Swedish authorities for the first time recovered debt in bitcoins

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Representatives of the Swedish government for the first time settled the repayment of debts with the help of bitcoin. This is the first time when law enforcement bodies officially accepted bitcoin as payment of arrears to the state.
One of the employees of Kronofogden (Swedish Bailiff Service) noted that bitcoin is a new asset that provides his organization more opportunities to resolve various issues and problems. Bitcoin is an alternative method of payment for citizens.

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Bitcoin again costs more than all other crypto currency

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Today's growth of bitcoins above $ 5,000 again returned the world's first crypto currency to the dominance of capitalization in the crypto currency market, which in the course of 2017 was seriously shaken. In the summer months, due to the sharp increase in the popularity of ICO, the capitalization of the Ethereum and other major altokones has grown significantly, and the rate of their growth is much more than the growth of bitcoin. Therefore, in May, the Index of Bitcoin's dominance by the Coinmarketcap version fell below 50%, and in June briefly even fell below 40%.

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What is Bitcoin and how to make money on Bitcoins?

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Literally BITCOIN (bitcoin) is a "bit" unit of information, a "coin" coin. In fact, bitcoin (official abbreviated BTC) is an electronic payment system (currency), which does not have a single information center, so the system does not have a single owner. You can say that the cue ball belongs to those who use them. By the way, most often in the network bitcoin is called just bits. Electronic crypto currency bitcoin was created in 2009 (development started in 2007), a programmer or a team of programmers with the pseudonym of Satoshi Nakamoto (apparently the Japanese name).

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