Bitcoin’s history is the story of legends. From small beginnings in 2008, many ups and downs-the cryptocurrency is now known as the digital gold. So huge has bitcoin become that it is now more valuable than bitcoin by a distance. Learn all about it in this infographic by PlayCasinoOnline.
In spite of the currency’s growth rate, Satoshi Nakamoto created bitcoin to be a digital currency. Satoshi hoped the cryptocurrency would replace FIAT money and free people from the bondage of centralized monetary systems.
Over the years, coffee shops and e-retailers have embraced Bitcoin as a means of payment. Bitcoin users have been buying software, books, movies, and groceries using the crypto for a while now. This year, businesses that once distanced themselves from bitcoin are accepting it. We have compiled a list of things you can buy with bitcoin you probably didn’t know you could.
Ticket to Space
Richard Branson’s Virgin Galactic has been hunting space tourists since 2013. Interested passengers pay using bitcoin for a trip through space any time from 2018. The air flight company has made several successful tests in the past four years. At least six people have booked for the trip, with the first customer booking the trip in 2013.
For all astronaut wannabes out there, $250,000 payable in bitcoin and three days of training is all Virgin Galactic asks to fly you into space. If you can afford it, the trip will consist of celebrities, astronauts and wealthy entrepreneurs.
Cruise Trip around the World
In February, the Royal Caribbean Mariner ferried hundreds of cruisers from Singapore to Thailand with a stop at Malaysia. The cruisers had one thing in common: they had all paid for the journey using bitcoin. Second, they had convened to host the biggest bitcoin themed cruise ship.
John McAfee of the McAfee antivirus was in attendance together with several other famous guests. Since that trip, the Ark Cruise, the Blockchain Cruise, and Princess Cruises have ferried thousands of bitcoin paying customers. Notably, ‘Roger Ver and Charlie Lee of Litecoin have also made speeches while on the Blockchain Cruise.
If you love cruises and own a few hundreds worth of bitcoin, you don’t have to take the flight. Cruise lines around the world are increasingly accepting crypto payments. The next time you feel like touring the world on cruise conveniently book your ticket using bitcoin.
When your crypto investments rise high enough to buy you a resort, you have plenty of choices. In New York, the Trump hotel accepts bitcoin for condos. For a price of $1.9 million or 25,500 BTC a while back, you could get a piece of the Trump SoHo hotel. The sale is still going on.
Elsewhere in the Bahamas, beachfront resorts are going for as low as 5,000 bitcoins. The most expensive resorts cost well over $5 million. If you love resorts but lack the money to buy one, you can rent a place in California, Mexico, and Austria with bitcoin.
Ever since a Brazilian University began accepting crypto in 2015, a lot of colleges have followed suit. After all, college kids have fallen in love with bitcoin. Last year, hundreds of students made thousands of dollars trading bitcoin. A few dropped out of college to pursue bitcoin trading fulltime, with some becoming millionaires.
The most prominent colleges that accept crypto are US-based King’s College, ESMT Berlin and UL-based University of Cumbria. Swiss-based school of applied sciences and Arts, Lucerne, has also been accepting BTC payments since last September.
A Ferrari, Lambo, Benz or Rolls Royce
So, you love luxury cars? Japanese cryptocurrency exchange bitFlyer and several luxury car sellers have partnered to enable bitcoin payments for high-end cars. The company bitcoin payments for a price of $1 million. But that’s already enough money to buy three Porsches, a few Teslas and a Lamborghini or two.
If you have plans to buy a fleet of luxury cars, American car dealer Post Oak Motor Cars accept crypto for any number of vehicles. Fancy a Bugatti Veyron? The Houston-based dealer will accept your crypto. Another thing, you don’t need to travel to Houston to get the cars. Post Oak has partnered with BitPay, one of the largest bitcoin processors.
Art Work Licenses
In December last year, Artnome launched as a digital marketplace for artwork. The cryptocurrency startup launched with the idea of legitimizing digital artwork. Seeing The Company’s recent success, traditional art galleries have joined the bandwagon.
Ato Gallery, a New York-based businesses earlier in the year sold an artwork estimated to be worth no more than $100,000 for a staggering 150 bitcoins. At the time of the sale, the bitcoins were valued at over $1.5 million. The whole buying process was made after an Instagram post and the buyer chose to remain anonymous.
Shortly after bitcoin payment processors started cropping up, Microsoft, NewEgg, and Overstock.com started accepting crypto payments. Electronics like laptops and smartphones were the first items listed for BTC payments. Today, you can still purchase your favorite PC using bitcoin. And like any other items, you can get coupons or gift cards for bitcoins.
And while bitcoin payments are irreversible, most of the retailers that accept BTC offer warranties for their products. Don’t expect to get bitcoins in return but you can get a new laptop or the equivalent of your BTC in cash.
Wedding event planners are accepting bitcoins these days. So, why not funeral service providers? If you have some BTC and a loved to one to eulogize, find a service provider that accepts bitcoin. At least one such company in Minnesota accepts crypto. But any modern business, including funeral homes, are also accepting the digital currency.
More than 100,000 retailers around the world accept bitcoins. You can buy everyday items like coffee and pizza with the cryptocurrency. But if you have taste for luxury, there is a wealth of products you can buy using BTC as well. From Ferraris to cruising with bitcoin celebrities, don’t hesitate to spend your crypto for the right services.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Why BlocPal Is the Easiest Way to Accept Cryptocurrency
The face of the retail industry is always changing.
E-commerce is one of the fastest growing trends worldwide, and for good reasons.
It’s convenient, secure, and is effective at connecting merchants with interested shoppers from across the world.
For this reason, it’s no surprise that online shipping is expected to overtake brick-and-mortar stores globally by 2021, making it the world’s largest medium for retail. As the industry changes, it’s important for retailers to keep up with the latest technology so they’re able to accommodate more customers at once. This is where BlocPal comes in.
BlocPal offers business owners an easier way to process payments
BlocPal understands that not every business owner adapts to technology at the same rate. As such, BlocPal has been designed to optimize transactions for both online and brick-and-mortar companies so that every retailer can enjoy the benefits that come with the world’s first true multi-currency payment solution.
With BlocPal, business owners can enjoy the following benefits:
- The ability to process payments in fiat (USD and CAD) currency as well as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum. Expect more currencies to be added as BlocPal…
Bitcoin Grows Beyond $4,000
Bitcoin (BTC) is starting to make waves again, and while they are still small, investors around the world are welcoming the positive development. The number one cryptocurrency has just breached the $4,000 mark, and while this is still five times lower price than it was in early January 2018, it is over $800 higher than in early December 2018.
At the time of writing, Bitcoin price is at $4,048.60, after the coin experienced a 5.53% growth in the last 24 hours. Meanwhile, its market cap sits just above $70.5 billion, while the coin’s daily trading volume is at $5.7 billion.
Bitcoin has had a rough 2018, just like the rest of the crypto market. In fact, the coin is so influential that it usually dictates the market behavior, whether positive or negative. Right now, the rest of the market follows the positive trend, with all of the top 10 cryptocurrencies currently trading in the green, while only a few among the top 100 coins are experiencing minor losses.
The largest gainers among the top 10 cryptos by market cap are Litecoin (LTC) with a 7.64% growth, and Stellar (XLM), which is growing by 7.27%.
Bitcoin’s behavior in the new year has mostly been positive, which is a trend that originally started on December 17th, 2018. After a month and a half of constant losses, which have brought…
What Will Happen First: BTC 2k or 5k?
2018 has ended, and while there was no enormous surge that investors were hoping for, it still ended with a bit of hope for those wishing to see Bitcoin BTC rise.
Only two weeks before the end of 2018, BTC was in a desperate position, with the value of its coin being at $3,200, threating to drop even lower. However, a sudden surge occurred on December 17th, which returned $1,000 to its value. And, since it lost approximately $400 since then, the final days of 2018 have still seen BTC well-above its lowest point of that year.
Now, 2019 has arrived, with traders and investors wondering what will happen next? Is BTC going to drop to $2,000? Will it rise back to $5,000? Will the bear market expand to this year as well, or is the market ready for a proper bull run this time?
The answer, once again, remains uncertain. The problems with scalability may be reduced significantly soon, but high volatility remains an issue. Even the slightest shift can have enormous consequences for the entire market, and any news can impact the BTC price, no matter how big or small, or if positive or negative. To stop its further drop, BTC had to find a balance. However, this balance is more fragile than ever, and the price is expected to move very soon.
What to expect…
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