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Friday, December 16, 2016

Bitcoin Tweets Dominated By California

Crypto And Blockchain Links/News

An analysis of tweets from 2014 revealed that the term Bitcoin was centered in California and a few other locations.... of interest in the article was that NY state didn't have that orientation but sure did for the word BANK....good read. Speaking of banks...the FED just raised rates for only the second time in a decade...good news, or, time to put your money into Bitcoin? 
And, IF you still don't own any Bitcoin ...use my link and when you buy your first 100.00 USD worth of BTC from Coinbase - they will give you 10.00 worth of BTC FREE (Barfstew gets FREE BTC too) - don't be the last to own Bitcoin.
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IF you have been reading Barfstew over the last month or two..you realized by now that things are rapidly changing ... from changes in law in Japan and Russia about BTC to the near fall of fiat, resulting in a rising barter economy, in some major countries India (to combat fraud) - so, with BTC once again in higher demand worldwide... and being seen as more and more a store of value as it approaches 800 dollars per coin... here's some stories of folks that simply Already wish they had bought more when it was cheaper.... that said, at least they have some of the 16 million available coins. Indeed...this analysis suggests that Bitcoin Is Headed To 1000 Plus in value.
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While most folks are aware that buying and selling BTC can involve the IRS if you turn all that into cash - and that profits are taxable.... (assuming you cash out) - it's still somewhat of a relief that someone is saying the recent IRS grab to get to the records of over One Million Coinbase Clients may be stopped because of government overreach. We'll see.
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You say you want to know the latest news about Ethereum? Might the 7.82 price be the get in moment? Or, is the price headed downward for at least the short term?
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Meanwhile... at BitPay they indicated that in year to year comparisons that commerce in BTC was up...over 1,800%. That is not a misprint. And imagine what may happen if Bitcoin addresses some of it's limitations with SegWit - currently sitting at about 25% adoption by the miners of BTC.
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