Is World is Ready or Not ?

Bitcoin is changing the way of thinking of  people's and there payment methods which they do  pay for things and the larger economy overall. Also bitcoin remains confusing to most people, there are signs nearly every day that bitcoin is gaining more and more legitimacy, not only in technology circles but also amongst the mainstream.

Bitcoin was pegged in a report by Goldman Sachs as having the power potential to re-Gain the finance industry, in huge part of Economy due to the way the currency decentralized the movement of money. If that’s not enough, just recently one New Hampshire legislator introduced a bill that could lead to the state accepting bitcoins for taxes and fees.
But in order for bitcoin to truly hit the masses, it will need to be integrated into the services that people use everyday. As it turns out, there are a number of entrepreneurs and startups with the common goal of bringing bitcoin to more places, apps, and services:

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Value Gone High and more in Future

According to the CoinDesk Bitcoin Price Index,
The price of bitcoin has continued to build on happy gains, which is $15 over the last week. An  increase of 6% over the opening price on 2nd March, .

The week's biggest came on day when price swing happened early in the week,and bitcoin hit a high of $286.28, representing a gain of $19.24 from the day's low.
The session ended in positive territory on four consecutive days, from the end of the previous week and into the first days of the week just passed. Some $50 separated the daily low at the start of the sessions and the high at the end, on 3rd March.

Growth

Bitcoin cost gains were supported by strong volume growth. Some three.67 million coins changed hands on the week ended 7th March, which was a 55% increase over the earlier seven-day period.

Gains came from Bitfinex & Bitstamp Giant volume , which saw spikes of 106% & 54% respectively. Chinese exchanges Huobi & OKCoin also recorded significant increases of 95% & 83%.

Notably, Coinbase's exchange, launched in January, continues to see more coins changing hands than the ex-market leader, Bitstamp.

BTC China still leads the mainland Chinese exchanges on volume traded, barely beating OKCoin in last week's trading activity. Bitfinex continues to dominate trading outside the mainland.

Newsflow this week was comparatively calm. significant event was the US Marshals Service's third bitcoin auction, which saw more bidders participate than its last sale in December. But the number of bidders - 14 in all - remains significantly lower than the 45 who took part in the inaugural sale in June.

Another news event that could have added to positive bitcoin cost sentiment was the US banking regulator's remarks that digital currencies could be "revolutionary" for the global financial technique, delivered to an audience of financiers at the Institute of International Bankers.

Bitcoin Exchange trading volume

Trading volumes in BTC

Feb 22 - 28Mar 1 - 7Change

others

982,353.677

btcchina

627,586.831

okcoin

290,756.099

huobi

190,396.91

bitfinex

79,935.984

lakebtc

71,282.617

coinbase

61,069.79

btce

56,162.567

bitstamp

3,536.068

others

Source: Bitcoinity

Analysis

 Now, as we can see that there is sudden Good things in bitcoin world after a long time , The Hipe creating more rise in value will come in the bitcoin industry ,As we can see that there is Huge investment by the Bitfinex and Houbi ,but Btcchina is on top still yet.So that Signifies value of bitcoin is gonna be again to reach as it was before.

Bill Barhydt Launches Bitcoin Remmittance App

Former Enterprenuer and the Director of Known Netscape Organization Bill Barhydt have now come up with the venture of an App Called "Abra".
This Announcement come to exist at the Launch Festival 2015 ,Come's to an end at the long seven months silence of the stealth project. Barhydt also is known for his previously founded mobile banking startup "Boom Financial", which touched $17m in 2012, and WebSentric , one of the first online meeting services.
 At the Event , Barhydt told the ambition to hit $550bn of global remmittance market just by reducing the fess of associations. For ease of use, the application uses bitcoin in the back end to facilitate peer-to-peer transactions, but denominates all transactions in US dollars.
Barhydt with the pledging attitude said at the event :

 "Our mission with Abra is to turn every smartphone into a teller that processes withdrawals. This is not just another bitcoin app. The wallet is a full-fledged digital asset management system, and you don't have to understand it. It's very sophisticated what's going on behind the scenes"

He presented this venture to a panel of judges, walking through that how will the app uses a "Tellers" trusted network, or users on the network, to facilitate transactions. Users can deposit cash into the app through a teller or by using their debit card, and then send that money anywhere using Abra.
Tellers are then subject to a ratings system in order to ensure trust on the network.

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Bitcoin Price Spiral-up 10% after Front Page of Wall Street Journal

Didn’t it shock your fancy yesterday to find about that Bitcoin starts the March at the very top of the Wall Street Journal with a banner ad for their feature article? (I’ll assume for the sake of argument that you read the daily bible of the financial world as religiously as it is printed.) Wasn’t it also spurring to find that Bitcoin’s price, as generally irrelevant as it is, rose a solid 10% over the course of Monday? Coincidence? I think not.

Bitcoin Price spirals-up at the Monday

Bitcoin price was heading back downward all weekend long and dropped to $245 on Sunday, after several days above $250. Then, the deliveries of the WSJ morning edition start hitting the street, and it’s fortunes turn right around, peaking at over $270. Did many investors have buy orders on BTC at $250, and they started getting pulled first thing Monday morning? Sure. Does that explain its passing $270 on Monday night? No. So I’ll happily give WSJ the credit for its bull run. Not the first time the media has influenced a commodity price, and it won’t be the last. Maybe they’ll cut it down in April, and BTC will have to give back the gains? Won’t be the first time for that either.
Here are some of the highlights, starting with Mr. Harvey:

“True, bitcoin isn’t backed by any central authority. But that doesn’t matter. Bitcoin exists because users assign value to it. To say it violates the rules of finance because it lacks a central issuer is problematic on many levels. Governments don’t “guarantee” stability of their currencies—look at the ruble and Swiss franc. Similarly, the fair price of a Bitcoin, as measured by the discounted value of future cash flows, may be zero. But the same is true of fiat currencies, including the euro and U.S. dollar. No commodity underpins the value of a euro or dollar. You tend to lose money when you hold cash. This doesn’t deter people from holding cash.”

And Mr. Tymoigne had this to say about the digital currency:

“Bitcoins pose a huge liquidity risk. Ultimately, anyone with bitcoins has to convert them into a national unit of account—dollars, say, or euros—to pay taxes or personal debts and to make other transactions. Their extreme volatility makes them a bad bet if one plans to buy a house in a few years, is saving for college or has regular payments on, say, a mortgage or car. If bitcoins were a large asset in a portfolio, the investor’s solvency would be at risk. This certainly would be the case if bitcoins were promoted for poorer individuals who don’t have access to banking today.”

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