Spreading The Word Bitcoin Wales is a group that shall operate over Wales and push for Bitcoin adoption and the adoption of digital currencies.Educating Others We will educate and teach people about Bitcoin and digital currencies so that the benefits can spread wide across wales.We Believe in Bitcoin We believe that digital currencies will greatly help Wales and the people of Wales to flourish.About Us This is Bitcoin Wales based in the United Kingdom.Bitcoin Wales aims to be a group where people can discuss about Bitcoin and their interest in this fascinating and revolutionary technology.The group is open to people who have a lot of knowledge about Bitcoin or no knowledge at all.The overwhelmingly positive news about new businesses and technologies that are being created by this new technology and its Blockchain revolution is a fascination that we can all talk about.Hopefully there are others who are also interested in this new technology and perhaps we as a collective can help adoption and growth in Wales.

What is Bitcoin Wales?Bitcoin Wales is a group that shall operate over Wales and push for Bitcoin adoption and the adoption of digital currencies.It aims to be the centre point for the media or government to approach about digital currency matters.There is often a misunderstanding of Bitcoin and digital currencies and we aim to be there for organisations to approach in regards to clarification about Bitcoin.We will educate and teach people about Bitcoin and digital currencies so that the benefits can spread wide across wales.Bitcoin Wales shall operate local groups across Wales and currently operates in Newport, Cardiff and Swansea.The reason we are doing this is because we believe in the profound impact of this technology and we believe that digital currencies will greatly help Wales and the people of Wales to flourish.Please check out our 'Chat Page' for live discussions with our community.3 Bitcoin March Gathering for Bitcoin Wales This is our second Bitcoin meetup of the year, for newbies or those enthralled with Bitcoin and cryptocurrencies.

With the price and excitement in Bitcoin and cryptocurrencies building up this is sure to be a popular meetup!Feel free to talk about the drama around the denied Bitcoin ETF (thank you SEC), your excitement in Ethereum or […] Read more Meet Up First 2017 meet up for Bitcoin Wales More Bitcoin discussion, for newbies or those enthralled with Bitcoin and cryptocurrencies.This Meetup is a chance to have a chat and catch up about all things Bitcoin and Crypto.Alcoholic beverages handily located at the venue!Date and time: Thursday, February 16, 2017 – 6:30 PM to 9:30 PM Location: The Prince of Wales, 81-83 Mary Street […] Read more ATM First autumn soirée at the Castle Emporium More Bitcoin discussion, as formal or informal as you like!This Meetup is a chance to see in the change of season with drinks and the possibility to trade using the bitcoin exchange machine (“ATM”) handily located at the venue.Date and time: Wednesday, October 5, 2016 – 6:00 PM to 8:00 PM Location: Castle […] Read more Bitcoin Event A Casual Bitcoin Meetup at Cardiff – 21/02/2016 What is this all about?

I shall be arranging a casual meet up for us all to discuss about Bitcoin, ourselves and Bitcoin Wales.Our last meet up had about 12 people attend and we all had a great time!It will be an informal event held at The Prince of Wales at Mary Street, Cardiff.[…] Read more Q&A Spectrocoin: A Visionary Service As always with Bitcoin Wales, we are trying to source information about the foundations that are being built for the Bitcoin Ecosystem.bitcoin nasıl satılırThe technology is growing up and the seeds have been sown to develop into something revolutionary.ethereum china may 31Bitcoin has caught the attention and imagination of many visionaries.mine-litecoin p2poolMany of whom have gone on to create services […] Read more Opinion Bitfortip: a First-Rate Service for those who have Questions I have mentioned many times about the need for new services and innovations in order to convince the masses that Bitcoin is a useful asset and currency to own.aud to bitcoin graph

There have been many new services cropping up over the last year and I am pleased to announce Bitfortip.Bitfortip uses an attractive currency to deliver […] Read more Load more Images of Bitcoin Wales Activities...SummaryBitcoin needs a different type of analysis than traditional asset classes.Bitcoin's fundamentals look great, with growing acceptance as a form of money.The price of bitcoin could go as high as $2,000 in 2017.bitcoin skype virusBitcoin (OTCQX:GBTC) is a totally different investment asset type than traditional asset classes.dice bitcoin gamblingTraditional analysis methods do not applying when forecasting the price of bitcoin.bitcoin nick landThat's why we apply a more fundamental approach in this article in order to come up with a bitcoin price forecast for 2017.bitcoin online kopen

How NOT to forecast a bitcoin price Most readers would turn to the cryptocurrency blogosphere where they will read ultra-bullish bitcoin price forecasts for 2017 similar to this one from Coindesk.That is not a useful approach either for investors.For instance, CNBC looked at the ongoing stream of articles that compare bitcoin with gold (NYSEARCA:GLD), and concluded that "the comparison is perhaps a positive signal that bitcoin is being commoditized.bitcoin exchange miamiBut bitcoin is not a commodity, while gold has been a commodity for thousands of years."That obviously does not tell anything about the future price of bitcoin. explained how demand for safe haven assets have fallen since the elections "on a stronger dollar, signs of future interest rate hikes, and potentially business-friendly policies that may arise from the Trump administration.Those potential regulatory changes would raise the chances of higher-yielding stocks."

That also is not useful as input for a bitcoin price forecast.The most interesting headline comes from CNBC: "Bitcoin predicted to rise 165% to $2,000 in 2017 driven by Trump's spending binge and dollar rally."There is obviously no correlation between the bitcoin price and the dollar or any other regular asset.Large investors simply don't pull money out of currencies, stocks (NYSEARCA:SPY) or gold in order to buy bitcoins.A legitimate bitcoin forecast for 2017 We believe that a combination of price analysis and fundamental analysis is the most appropriate way to come up with a legitimate bitcoin forecast.Fundamentally, the bitcoin usage data look great: Usage of bitcoins keeps on increasing, and that is exactly what it fundamentally is all about.According to Statista, bitcoin usage keeps on growing as seen by the number of Bitcoin ATMs, which increased from 538 in January 2016 to 838 by November.Moreover, several bitcoin charts confirm a growing usage and acceptance: Bitcoins in circulation rose 10% in the last 12 months.

Trading volume on major bitcoin exchanges is structurally higher in the last 12 months.The average number of transactions per block is structurally higher in the last 12 months.Last but not least, this research paper on bitcoin's big picture trends identifies 3 marked regimes that have evolved as the bitcoin economy has grown and matured: From an early prototype stage, to a second growth stage populated in large part with "sin" enterprise (i.e., gambling, black markets), to a third stage marked by a sharp progression away from "sin" and toward legitimate enterprises.We are confident, based on the objective data set outlined above that bitcoin's price rise is not only legitimate, but will continue.From a bitcoin price analysis point of view, the long-term chart (courtesy: Finviz) looks very constructive.The only 'negative' is that the price rise has accelerated in recent weeks.So we hope there will be a healthy correction sooner rather than later to cool off emotions.Ideally, bitcoin's price corrects to the $1,000 to $1,100 area in the coming weeks.