Australia has a thriving Bitcoin, blockchain and cryptocurrency community, with interest in the space still high, despite the downturn in the market since the frenzy of the December peak. People from all walks of life have jumped on board and can be found at packed out weekly meetups around the country.
Into this market, comes the newly launched website, Crypto.com.au, which aims to provide the latest Australian blockchain, Bitcoin and cryptocurrency news and resources. The domain itself, would in my estimation, be the second most valuable crypto related name in Australia, next to Bitcoin.com.au, which was purchased for $35,182 USD back in 2014. In the case of Crypto.com.au, owner Chris Burgess registered it long before cryptocurrency even existed.
The site built on this premium domain is divided into several sections, providing information for those new to cryptocurrency, right through to the highly experienced and technically minded. Here is an outline of each of the sections.
News: articles about the latest cryptocurrency events, projects, technologies, interviews and reviews, written by Chris Burgess and his team of writers. You can even apply to write for Crypto.com.au here.
Events: details about one-off conferences and events, along with regular meetups. Find out dates, times, places, costs and where to register for these. If you run or host an event or meetup yourself, you can submit it for listing on Crypto.com.au here.
Buying and Selling: information about how and where to buy and sell crytocurrencies, exchanges and things to consider when choosing an exchange, along with links to security tips and details about how wallets work.
Crypto Wallets: learn about hardware and software wallets, what they are, the differences and some options that are available for each type of wallet.
Tools: handy online tools that can make crypto things quicker and easier, such as cryptocurrency converters and real-time price tickers. Further tools will be added over time.
Getting Started: the place to learn what cryptocurrencies are, what a blockchain is, how cryptocurrencies compare to traditional banking and how to protect your cryptocurrencies and keep them secure.
Along with the website, you can also connect with or follow Crypto.com.au on Facebook, YouTube and Twitter.
Finally, if you're looking for somewhere to advertise your Bitcoin, blockchain or cryptocurrency project, business or product, you can submit your details to Crypto.com.au here.
With the price of Bitcoin down at the moment, it's a good time to be reminded that this is only a temporary situation. Even if the current downtrend continues, the long term future of Bitcoin is bright — out of this world even!
For those who need some encouragement to hold on during these turbulent times, artist, Terry Cook, has produced a visual representation of Bitcoin's destination — the moon! He shared this work via his @TerryTinkerer Twitter account here. A quick scroll through Terry's feed reveals a wide variety of his other Bitcoin, cryptocurrency and gerneral art. It's also well worth checking out his website, tcookpaintings.co.uk.
So be inspired and strap your BTC boots on tight, so that when the moon landing happens, you too will make your Bitcoin mark.
This recently released documentary, Bitcoin: Beyond The Bubble, as the name suggests, informs the viewer of the role, importance and relevance of BTC outside of the price. The production is professional, with short snippets of commentary from various well-known identities in the Bitcoin space, including, Trace Mayer, Tone Vays, Elizabeth McCauley and Andy Hoffman. Points of view are also expressed by those critical and/or skeptical of Bitcoin, and a brief history of money is given.
At just 35 minutes long, this video is ideal for those who are new to Bitcoin and want a brief overview of what it's about and why it's important, without getting bogged down in anything too technical or heavy. Bitcoin: Beyond The Bubble, is also an eye opener for those who have only ever seen Bitcoin as a way to make money or get rich quick.
Could an increase in the number of women investing in Bitcoin send the price to the moon? Well, Meltem Demirors, founder of Athena Capital, says in reference to the world’s female population that, "I feel like we’re missing out on this major opportunity to market to 51% of the population, to 60% of the wealth and to 80% of consumer spending."
Watch the full discussion with Meltem about this topic in the video above.
This week, Bitcoin has climbed in price from below $8,000 to over $9,700 where it sits at the time of writing. As you can see from the chart above, this rise has been mostly a steady upwards trend, rather than one or two giant spikes.
$10,000 is a significant psychological barrier and breaking this could see a substantial move to the upside, as has happened on a couple of previous occasions. Is this the beginning of a trend that will take Bitcoin beyond $20,000 to a new all time high? I hope so. Bitcoin to the Moon!
Ledger have just announced via Twitter that the Ledger Nano S hardware wallet is now supporting Bitcoin Private (BTCP). This comes hot on the heels of the Bitcoin and ZClassic fork coin's listing on Coin Market Cap.
At the time of writing, Bitcoin Private is not yet listed amongst the supported cryptocurrencies on Ledger's site. If you held Bitcoin (BTC) on a Ledger Nano S at the time of the fork (February 28th, 2018), keep an eye on that list regarding information about how to safely claim the Bitcoin Private that you are entitled to.
image 1 source, image 2 source
The Bitcoin roller coaster took investors on a white-knuckle ride today, that the chart above depicts perfectly. Steady at $8,100 followed by a $200+ vertical drop, then steady around $7,900 followed by a $200+ vertical spike.
If you've recently entered the Bitcoin market, such rapid and dramatic price movements can be a scary thing. Fear not, for if you've invested only what you can afford to lose, history is on your side if you hold.
Bitcoin has been through many rises and falls, surviving huge crashes and extended bear markets. Such events have seen it declared over, finished and dead by the mainstream media. Each time, however, BTC has eventually bounced back and risen to new all time highs.
Bitcoin is going to the moon. Will you still be holding when it does, or longingly gazing at BTC from a distance?
The soon to be released, extreme scarcity coin, BitCoin Rhodium (BTR), featured on the most recent episode of Adam Meister's This Week in Bitcoin. I say extreme scarcity because there will only ever be two million, one hundred thousand BTR in existence. That's 90% less than Bitcoin (BTC), which itself is a scarce coin.
BitCoin Rhodium support team member, Nobby Clarke, was a guest on the show. He outlined some important information for BTR holders and those looking to invest when it hits exchanges, possibly later this month. Here is an outline of some of the points Nobby made. You can also watch the BitCoin Rhodium related portion of the show below.
Since Bitcoin surged more that $1,000 in an hour on Thursday, the price has held steady in a narrow range between $7,900 and $8,200.
Opinions in the Bitcoin community are divided over whether this is the end of the bear market or not. Some believe that the strong fundamentals of Bitcoin, including wider adoption of SegWit and implementation of the Lightning Network, have laid the groundwork for a bull run to new all time highs. Others are of the opinion that the rapid price jump was merely a short squeeze and that BTC is still in a downward trend.
One area where there is agreement, however, is that the long term future of Bitcoin is bright and there are bigger and better things to come for the original cryptocurrency. Bitcoin to the moon!
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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