Trending Bitcoin News Today - BTC Down by $5K, End of Bitcoin?

Bitcoin news today brings you up to date news in the world of bitcoin cryptocurrency. Bitcoin price, charts, market, experts analysis and so much more from top bitcoin websites on the internet.

Top Bitcoin News - Week 28, June 2018

• Could this be the end of Bitcoin cryptocurrency? Check out this from AME info

• Has Bitcoin Lost Its Way? This is a question by CryptoDaily by analysing how cryptocurrency are changing and adapting.

• Trader says bitcoin's due for a bounce - CNBC

• Coinbase CEO Brian Armstrong Launches Cryptocurrency Charity Fund that's according to Bitcoin magazine

• 2018 Is Shaping Up To Be The Tipping Point For Institutional Embrace Of Bitcoin - zero Hedge

Bitcoin Price

• Bitcoin price live: BTC $5k slump - Barclays predict 'Rout' from 'current trading levels'. This is according to an article in express UK

• CCN made a report that Bitcoin, Ethereum, Ripple, and Major Coins Drop 5%; Crypto Market Loses $9 Billion.

• Bitcoin price analysis: BTC/USD licking wounds at $5,860 after losing 4% in a single hour

• Bitcoin Price Manipulation Leads to Loss of Trust in Cryptocurrencies

Blockchain

• All the ways you can loose your Bitcoin - Bloomberg

• How your smart fridge might be mining bitcoin for criminals -  Daily Mail UK

Buy Bitcoin in Nigeria - Best Websites and Places To Buy and Sell

Are you into cryptocurrency trading where you buy and sell Bitcoin online or you pay for goods and services using Bitcoin? Getting a reliable website to buy or sell Bitcoin instantly is something most people get scammed. So below are the trusted website to sell or Buy Bitcoin in Nigeria.

Where To Buy Bitcoin in Nigeria

1. Luno

Formally Bitx Nigeria,this is on the top of my list especially if you want to buy sell Bitcoin. Luno also serve as a Bitcoin Wall (wallet),  It's very safe for buying and selling of bitcoin, to pay in Naira. On Luno , you sell at the current global Bitcoin price and also an option to buy at a global price or at a lower price through Bitcoin exchangers. When you sell to Luno, you get your cash transferred to your Nigerian bank account within 24 hours in Naira. If you intend selling, you can fund your Luno account either by bank payments or by using you local ATM Debit card.

Please note: Selling directly to Luno on a weekend like Friday to Sunday might delay your payment to you bank account because Luno has to verify your BTC before paying you. They only work on Mondays to Fridays, so if you sell to Luno late on Friday, expect your bank alert on Monday morning. But buying on Luno is 24  hours everyday of the week. So use Luno to buy cheap bitcoin from exchanges.

Link to Luno app

2. Local Bitcoin

Local Bitcoin  is available in different countries around the world and also in Nigeria (localbitcoins Nigeria).  Just like Luno, You can buy, sell or trade Bitcoin on local Bitcoin website. Link localbitcoins

3. Nairaex.com

One of the indigenous Cryptocurrency company in Nigeria. They are like the "Aboki" in Bitcoin and cryptocurrency business. They buy from you at a cheaper rate and sell at a higher rate onlike Luno where you can buy and sell at the global rate. Nairaex Bitcoin prices are a little bit higher than the global rate when you buy from them but when selling to Nairaex, they buy Bitcoin from you at a lower rate. For example

If Bitcoin global rate is 350 Naira to 1 dollar of bitcoin

Nairaex sells to you at N355 and buys from you at N340 or N345, while

Luno Buys from you at N350 and sell to you at N350

Link Nairaex

4. Naira4Dollar

This is another crptocurrency website just like Nairaex. They sell to you at a higher price and buys at a cheaper price.

Link Naira4Dollar

Those are just the few places to sell and Buy Bitcoin in Nigeria. Have you tried any of these or you want to add to the list, use the comment box

1 BTC to NGN : Daily Bitcoin Price in Nigerian Naira

Want to know about bitcoin price in Nigerian Naira so as to convert it to ngn (Nigerian Naira)? All you need is an online bitcoin converter which converts bitcoin to NGN. Daily updates on Btc price in Naira will be updated every day on this page. Lets show u an example  converting  1 BTC to MGN

Read: Origin of Bitcoin

1 BTC to NGN today  13th June 2018

1BTC = NGN 2392, 000

To convert 1 BTC to ngn

Go to to this bitcoin Nigeria website or any other website that has has a bitcoin converter, then input the value in Naira, it will automatically show you how many BTC you ll get, or you can enter the bitcoin amount and it shows the Bitcoin price in ngn. 

So whenever you want to sell or buy Bitcoin in Nigeria,  Bitcoin to ngn conversation is as easy ABC. To buy or sell Bitcoin in Nigeria, you can use Luno (app on Google playstore),  Nairaex.com or Naira4dollar.com

I used 1 BTC to NGN as an example because that's what most people look out for before buying or selling.

Origin of Bitcoin Crypto currency Technology

The first concept of bitcoin crypto currency was made by a man called Satoshi Nakamoto in 2009 when he published the first proof of the concept for Bitcoin technology being used today. No wonder the smallest denomination of bitcoin is called Satoshi (100,000,000 Satoshi = 1BTC) - named after him.  He went into thin air the following year and up to this day, his identity remains a secret.

Also Read: What Is Bitcoin - Make Money Online

Best Bitcoin Price Chart To Check Before Buying, Selling Or Cryptocurrency Investment To Prevent Loss

According to a business technology expert, Don Tapscott

“blockchain [and Bitcoin] technology facilitates peer-to-peer transactions without any intermediary such as a bank or governing body.”


1 Satoshi= 0.00000001 ฿
100,000 Satoshi= 0.00100000 ฿
1,000,000 Satoshi= 0.01000000฿
10,000,000 Satoshi= 0.10000000 ฿
100,000,000 Satoshi= 1.00000000 ฿


Afterer Satoshi  Nakamoto left the Bitcoin project in 2010, it was developed by some individuals who made the project an open-source code that could be publically viewable and modified by anyone who got access to it. This decentralized development of Bitcoin came after the financial crash of some world powers in 2008, which created a fundamental distrust among the business public of a centralized economy. See short YouTube video that shows you how Bitcoin works

Below is an original whitepaper from Satoshi's original whitepaper

Bitcoin has over the year seen record highs hitting over $15,000.

Best Bitcoin Price Chart To Check Before Buying, Selling or Cryptocurrency Investment To Prevent Loss

Digital crypto currencies like Bitcoin is now an emerging trend in the world of online investment. Most people now invest in bitcoin because of its potential to increase in value over a short period of time. Here we will be looking at top websites to check Bitcoin price chart today before making an ICO business investment decision of buying and selling crypto currencies.

Bitcoin and litecoin are among the top currencies and you can check current price chart from any of these top 5 sites. The official currency of bitcoins is US dollars $ (USD).

1. Blockchain.Info Chart

Blockchain Chart shows digital currency - bitcoin, litecoin, etherium, neo and other Cryptocurrency coins. It displays price chart in two different formats for you to choose from. top market, BTC Return on Investment (ROI), live top BTC markets, crypto converter and more, all in one page.  This has been my number one for years.

See Blockchain Charts Now

2. Bitcoin.com

Bitcoin.com falls among my top site to check the exact live rates and chart of bitcoin prices. You can check the bitcoin rates in different international currencies like USD, CAD, EUR, CAD, RUR, INR and Nigerian Naira.

Visit Bitcoin.com Price Chart

3. Coindesk

Coindesk shows bitcoin current price chart live, in real-time. It also shows date, time, changes, market cap and more. It show the highest and lowest bitcoin rate for that day so far. 

Visit Coindesk

4. Bitcoin Charts

The domain name of this website says it all. It show live Bitcoin with lots of options to sort out your needs. If you are new to Cryptocurrencies coins, you probably might get confused about the option available to choose from but if you are a well informed in crypto bitcoin this is definitely one you should try.

Checkout Bitcoin Charts Now

5. PREEV - Bitcoin (BTC) Live Price in India in INR (Indian National Rupee)

This website is very useful for Indians who intend to check the live price of BTC in INR. It has a bitcoin calculator that directly calculates bitcoin price in Indian Rupees. You can check the current price of bitcoin in India here

There you have my top five (5) Bitcoin Price Chart for you to check current BTC market trends before making any decision involving Crypto currencies

What is Bitcoin - Make Money Online In Nigeria

Bitcoin is one of the different types of digital currency called Cryptocurrency which are used to regulate the generation of units of currency and also to verify the transfer of funds online, operating independently of the supervision of any central bank. 

Bitcoin is a peer-to-peer Electronic Cash System posted to a cryptography mailing list, Bitcoin symbol is the BTC

Bitcoin price today about US$10,000, that means bitcoin price in Nigeria Naira is about N3600000 (Three point six million Naira). As at 2015, one bitcoin was sold for less than US$450, in less than 2 years the price of bitcoin has more than skyrocketed.  You see why some Nigerians see this as a way to make money online although Nigerians are slowly embracing Bitcoin. In line with this, Jumia Travel, the leading online travel agency share things Nigerians must know before joining the Bitcoin train.

In a lame man's understanding, Bitcoin is a currency just like Naira and US dollars but it's a digital currency, meaning you only see you balance online or using the app called a bitcoin wallet. Here bitcoin wallet is just like you bank's mobile app where you see your cash in digits and can send and receive money to people in the US,UK and all over the world, also pay for goods and services without touching any physical cash. That how bitcoin works, to get your bitcoin in cash all you need do is you sell your Bitcoin to ever available buyers online or in person then the person will give you the Naira or dollar equivalent of the transferred bitcoin amount.

More people Around The World are using Bitcoin

Some Nigerians may not accept bitcoin because of fear of "419" or online scams, more people are not accepting bitcoin because of its huge growth in a very short time which has created wealth for many Nigerians and other people around the world. Some businesses and companies now accept bitcoin even in Nigeria and abroad, some of the company and online stores that accept bitcoin include Konga, Jumia travels,  Expedia, Microsoft, Subway, Newegg, TigerDirect, Tesla and PayPal. So, do not "freeze​" when you see a Nigerian company that accept Bitcoin. You can also buy/sell or convert your bitcoin for cash (Naira) in Nigeria on Nairaex and Naira4dollar . 

People partake in most scam schemes where they loose their Bitcoin to scammers, some are made to do certain task with promises of getting 1 free bitcoin or more or sometimes 0.5 BTC free and end up getting nothing.

How does Bitcoin transfers Work

Most financial institutions charge at a higher rate and some may take lots of hours or even days to process but Bitcoin allows transfers from one account to another almost for free and instantly. You must already have your money converted to Bitcoin form and in your Bitcoin wallet. There is no need for any middleman as a result the transfer is untraceable and instant.

Bitcoin - Extremely volatile

Bitcoin is still at its youth stage and still growing. There are some market factors that influence its growth, just like any other currencies like US dollars or Naira and the British pounds, Bitcoin price increase and also decreases. It depend on the rules of demand and supply. The more people are willing to buy Bitcoins, the higher the Bitcoin value will increase. Conversely, if more people sell Bitcoin, the prices will decline in the market. So always see the  market trends to know when to buy and sell Bitcoin else you may run at a loss.

My Advice on Bitcoin

I'm not a Bitcoin expert but have gotten some experience from buying  a and selling Bitcoin over the years and my advice to all new and prospecting Bitcoin users is to treat Bitcoin as speculating and not an investment. Cryptocurrencies have a bright future as a new way to conduct commerce and business. That is not the same thing as saying that their value right now is sustainable. It’s still in its early days and, while the number of businesses accepting cryptocurrencies are growing by the day, it’s not big enough for most of the demand to be built on legitimate trade. This means that buying cryptocurrencies is speculation, not investment. Hence, you should be willing to lose the money you invest in buying Bitcoin! Else stay away from Bitcoin, but there is a saying that nothing ventured nothing gained, if you must venture into bitcoin business don't do it with your eyes closed. 

Do some research about it and read different article about bitcoin, if possible find some videos on YouTube about Bitcoin and watch them. Get some info about BTC before going for it.

See more about Bitcoin here

How To Get Free Bitcoins Using BTS Shares Bot On Telegram Messanger

Bitcoin is currently one of the most sort after currency worldwide and i will be showing you how to get free bitcoins using BTS bot Share on telegram app.

Requirement

• Telegram Messenger app 

•  Bitcoin Wallet - BlockChain Wallet.

You can use any bitcoin wallet, but on this tutorial I recommend blockchain Wallet. As at the time of writing this article, 

       1 bitcoin = $730 USD

        100million Satoshi = 1 bitcoin

Steps To Get Free Bitcoins On Telegram

Step 1: Install the downloaded Telegram messanger app on your device ( android, blackberry, windows).

Step 2: Register and log in to your telegram account.

Step 3: Open any browser then copy and paste the URL below into a new tab

https://telegram.me/btcsharesbot?start=ref218476896

Step 4: Click 'BTC SHARES' channel & click 'start - you will be automatically redirected to the telegram messenger.

Step 5: Choose language to continue in - Shares Bot.

Step 6: Tap on "Free share" button

Step 7: Click  on "Get Satoshi"

You will be credited with free satoshi (3500 satoshi per hour).

How To Withdraw Your Bitcoin From Telegram BTC Shares To Bitcoin Wallet

To  withdraw your Satoshi(min: 0.0005 satoshi)

• Click on "Financial account" to check your balance 

• Click on withdraw BTC

• Type Your Bitcoin Address - To get your bitcoin wallet address using blockchain wallet

Bitcoin Wallet is where bitcoin gotten from different places are kept together just like your bank account where you store funds gotten from different sources. BlockChain wallet is one of the most popular bitcoin wallet.

√ Install the downloaded BlockChain Wallet and lunch the app

√ Create New account and  verify your email by clicking on a link sent to your mailbox

√ After successful verification, open blockchain app, and on the home menu , click on the blue + sign in a small circle nd click on receive, you will see your blockchain address

√ Copy the address

Now you can past it on the Telegram app where you are asked to type your bitcoin wallet address.

This is just one of other ways to get free bitcoin. Other ways will be posted subsequently. I hope this helps.