bitcoin the honey badger of money

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Viewing Tweets won't unblock @badger_coin Loading seems to be taking a while.Sign up Add a location to your Tweets When you tweet with a location, Twitter stores that location.WellYes and noPeople are taking this in the wrong way wellBitcoin is in being used only on 20% scale for what it was madeIt was made for more easy transaction and anonymityBut people think that this is somekind of investment or something a stock or a risk or a commodityNo its a currencyAccording to me as a Pen-tester(white hat haker)They way internet is evoolving and darweb is being used for security purpose plus bitcoin has exchanges in alot of developing countries….It will stil be used for trade but it wont be circulated that much as now people are investing because of mining75% is done it will reach and end to demand and supply chain so……rate will on a peak of shaking consistency………Weekend Recap: Was Saturday The Most Volatile Day in Crypto-Currency History?Hard to really describe the last few days and give it any real context, as the entire digital currency industry has never been this large before.

Between Bitcoin and Ethereum, earlier this month, they both combined for over in market cap value.This ain’t 2013 anymore.When these markets move, millions more people are affected today than anything that happened before.Let’s try to summarize what may go down as the most volatile day in crypto-currency history Friday was pretty wild.news hit the wires that many of the top exchanges believe enough in the hard fork odds that they have created an official contingency plan that will make Bitcoin Unlimited an altcoin under the name BTU.This is not what Bitcoin Unlimited supporters wanted, not usurping the Bitcoin chain, itself.They also heard that these companies want some code security upgrades as well.“Consequently, we insist that the Bitcoin Unlimited community (or any other consensus breaking implementation) build in strong two-way replay protection,” the plan stated.“Failure to do so will impede our ability to preserve BTU for customers and will either delay or outright preclude the listing of BTU.” The preliminary words are these kinds of upgrades are not in the offing.

This press release caused a cascade effect of panic selling in the market, fearing a fork was closer than previously believed.
definition of bitcoin in hindiBitcoin lost over 10% on Friday and dropped well below $1000 on Saturday.
bitcoin usb cold storageBitcoin fell so far, in the neighborhood of 30% over those 48 hours, that it dropped to 2016 levels, and gave back all of 2017’s market gains.
bitcoin ghs calcThis news certainly didn’t hurt altcoins like Dash, which seems to have become the friendly neighborhood digital safe haven for wayward Bitcoin investors, trying to get out of the rain.
litecoin not confirmingAs Bitcoin dropped 10-15%, Dash would dash right along, gaining 10-15% at the same time.
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In so doing, Dash reached new all-time records in unit price ($120+ USD) and market cap value (passing $860 Million USD) on Saturday, according to CoinMarketCap.
charlie hebdo bitcoinEthereum didn’t do too badly either.On Friday, ETH passed $55, easily an alltime high (it started 2017 trading for less than $8 USD) and it’s market cap just missed $5 Billion.In a turbulent weekend, it then dropped down over 40% to$32 before bouncing back on Sunday to land in the mid-$40’s.To sum up, Saturday may have been the most volatile day in crypto-currency histiry, when you factor in the sheer number of people affected and the amrket value lost in just one day.Bitcoin lost almost $2.5 Billion in value on Saturday alone.Ethereum, lost more than $2 Billion, between Friday’s high and Saturday’s low.$4.5 Billion is a lot of value lost in 24 hours, but these currencies have never been worth so much before.After all of this turmoil and angst, after all the rumors and innuendo, after many thought Bitcoin might head into the abyss, Bitcoin reminded us all that Bitcoin never dies.

The Bitcoin obituaries are always wrong.It is “The Honey Badger of Money.” Yesterday, Bitcoin jumped back over $1000, with ease, passing $1060, at one point.The storm seems to have passed.Now that Bitcoin Unlimited’s bid seems to be on the ropes, and not going as they initially planned, is this contingent restrategizing for a new approach?Do they believe enough in their cause to go the altcoin route?They do not seem interested in adding the upgrades exchanges need to deal with them from an operational standpoint.Did this catch them with their pants down?Are they really working in the best interests of Bitcoin, or just themselves?Will they abandon the fork idea altogether?It may be commonly accepted that Bitcoin is an American invention, penned in English by Satoshi Nakamoto, refined by himself and the late Hal Finney, and mined and sold for the first three years almost exclusively for U.S.Oh, how times have changed.The global decentralized digital currency concept has become real, with more and more countries worldwide not fighting but accepting Bitcoin as a new technology to be valued.

Far eastern countries like China and Australia have taken a shine to young Bitcoin, but nowhere is this more evident than in “The Land of the Rising Sun.” If any place on Earth should turn its back on Bitcoin, it should be Japan, where the world’s largest Bitcoin exchange, Mt.Gox collapsed in early 2014, defrauding many Japanese, in addition to the greater Bitcoin community.The negative publicity, the media misinformation, and the indictments naturally sullied Bitcoin’s name in Japan.Any brand would be damaged under these circumstances, but not every brand would bounce back so quickly.“The Honey Badger of Money” is not just any catchy brand slogan.Bitcoin news out of Japan has been stellar and frankly amazingly groundbreaking, as we have reported.Japan’s executive branch of government, known as the Cabinet, has approved a set of bills aimed at modernizing the Japanese payments industry and giving recognition to virtual currencies like bitcoin for having a “function similar to real money.” This step is truly unprecedented, and even more unlikely from a country where Bitcoin has endured such a checkered past.

The Yen is now the third largest fiat market for Bitcoin, trailing behind China and The US.BtcBox and bitFlyer appear to have the lion's share of that volume, collectively accounting for 67% of Yen trades.Not Far behind are Quoine, with 15%, and Coincheck, with 11%.Coincheck was started less than two years ago, in August of 2014, by a small group of coders and engineers.The exchange launched Just six months after the dust had settled on Mt.Brave New Coin spoke with Coincheck’s Business Development Lead, Kagayaki (Kaga) Kawabata, about the new legislation, the journey from ruins to riches, and where this is all headed.- Kagayaki Kawabata, Coincheck Business Development Lead Few cultures value education and technology like Japan does, making Bitcoin a natural fit.Kawabata happily reports that Bitcoin is beginning to be seen as superior technology to be supported, not feared.Bitcoin is an economic force of nature that can create new financial industries and will be a foundation for new online applications and technologies.

Bitcoin is so revolutionary, Russia has seen fit to work on banning Bitcoin.The downside of a decentralized digital currency is your brand may not have a proper public relations department or cohesive message, when times get tough.Sans election years, government does not have public debates over governance policy or overall direction.They can put out one unified message, and leave all of the back-and-forth behind closed doors.When Bitcoin has a problem, there is no real leadership or unified message available to protect the brand, which is global, not national, making PR spin even more difficult to manage effectively.Bitcoin has suffered from the effects of this in many countries, most particularly in Japan.Noted Bitcoin investor and enthusiast Roger Ver, who lives in Tokyo, Japan, confirmed the generally negative impressions the Japanese culture has of Bitcoin, thanks to poor mainstream media reporting, and a general lack of support from the Bitcoin community in the region.Coincheck, Kawabata claims, has more than 3 billion yen in Bitcoin transactions per month, just over US$27m.

That’s a lot of Bitcoin acceptance in just over eighteen months, a testament to the work and value the Coincheck team bring to the market.Kaga says they were actually the last exchange, not the first, to market in Japan.They have made such gains based on an easy-to-use interface and bringing the newest features to market.Leveraged trading, credit card payments, and iPhone/Android apps are some of the benefits of using Coincheck, and FOREX trading like features such as future trading, stop-loss order and the ability to buy Ethereum are coming soon.Coincheck is not just another Bitcoin exchange.They provide merchant payment services, comparable to BitPay, having introduced over 1000 new merchants nationwide to the digital currency.They have made some major conquests and see plenty of opportunities for growth in the coming years., an entertainment giant with more than 19 million users in Japan, started to accept bitcoin payment by using Coincheck.The company also launched the first donation-based bitcoin crowdfunding platform in Japan.

That so much within the Bitcoin space has been accomplished in Japan since Mt.Gox, not just by Coincheck, but by the Japanese government, is truly remarkable.Not long after Mt.Gox folded and Coincheck was created, the Japanese government helped form JADA (The Japan Authority of Digital Asset) with the local Bitcoin community, which sets Bitcoin standards in Japan to this day.Regulators did not tell the Bitcoin community how Bitcoin would work, they let the community create codes of conduct.As JADA heads into its third year, Kaga says that Coincheck is a proud member, and is actively helping to build the Japanese Bitcoin community’s usage standards.While Bitcoin itself, along with countries around the world, quibble and bicker over what a Bitcoin is and how it should grow, the Japanese culture has not overanalyzed it.Japan has just gotten to work on supporting it to the best of their abilities.The current economic turmoil the Japanese Yen is under right now hasn’t hurt the general interest in building a new economic avenue for the future.