Yesterday, South African online payment provider PayFast announced that it's now accepting Bitcoin as a form of payment.
Buyers using PayFast can now select Bitcoin as a form of payment. The company's move demonstrates the growing popularity of using the digital currency as means of payment.
Let's take a closer look…
PayFast and BitX bring Bitcoin to SA
PayFast has enabled “Bitcoin a... ››› more
Since its inception, Bitcoin has scaled the dizzy heights of over $1,100 to come flying back down to only a few hundred dollars. Over the last couple of months, the Bitcoin price has consolidated somewhat. And it looks like this is the start of Bitcoin's move upwards. Let's take a closer look at where the price of Bitcoin looks likely to go…
Bitcoin is similar to the Internet back in the earl... ››› more
Bitcoin has had its fair share of controversy since its conception. But Bitcoin is a revolutionary new technology. This means Bitcoin is probably set to follow the path of other revolutionary technologies. And if it follows the paths of these other revolutionary technologies, it's preparing for take-off. Let's take a closer look at the evidence…
Bitcoin is preparing for rapid growth
Have a l... ››› more
Over the last year, the popularity of Bitcoin has soared. In spite of a number of scandals, the digital currency is becoming increasingly more popular. And a growing number of retailers across the globe are accepting it as a form of payment.
So what exactly is Bitcoin?
How does it work?
How can you buy Bitcoin?
And is Bitcoin going to survive?
Read on to find out the answers to ... ››› more
Bitcoin wasn't the first attempt at a digital currency. There have been numerous tries at making a successful digital form of money. But none of them cut it until Bitcoin. So why is Bitcoin unique? Let's take a closer look…
Until Bitcoin all digital currencies had the same problem
Before Bitcoin came along, all other attempts at digital currencies failed. And it was down to one major problem... ››› more
Since the fall of Bitcoin's largest exchange, Mt Gox, the news surrounding the digital currency is sparse. And as Bitcoin shows how it's strong enough to survive a variety of disasters, more investors want their slice of the action. So how can you buy Bitcoins? Let's take a closer look…
Food for thought before buying Bitcoins
At the moment, it isn’t as easy to buy Bitcoins as it is shares ... ››› more
The downfall of Mt Gox, which was the largest Bitcoin exchange, didn't exactly help the reputations of other Bitcoin exchanges. So if you want to buy Bitcoins through an exchange, which one should you turn to? Which exchanges are the more reputable out there and which ones should you avoid? Read on to find out…
Bitcoin exchange #1: Bitstamp
This is the world’s largest Bitcoin exchange by v... ››› more
Over the centuries there have been different forms of currencies used across the world. These currencies include gold and fiat currencies like the dollar, the pound and the rand. Then Bitcoin came along. Many view Bitcoin as an alternative investment, whilst others see it as a currency of the future. Let's take a closer look at why Bitcoin could be shaping up to become just that…
Reason #1: T... ››› more
Bitcoin has hit the headlines a lot over the past six to seven months. And over the period, the price of Bitcoin has been very volatile. The Bitcoin price reacted violently when news came out about it. But for the last month, the Bitcoin price has stabilised. With no scandals hitting the headlines, the digital currency is quite stable. Let's take a closer look at what this shows about Bitcoin…
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There's a market for rare Scotch whisky. If you fancy starting a whisky collection, it could prove to a worthwhile investment showing a healthy return over the years. The secret is to stick to rare single malts and blends. This includes limited edition bottles. So what sort of money could you make by investing in a rare Scotch single malt? Here's a glimpse at the four most expensive…
The m... ››› more
The dollar is the world's reserve currency. But there are fundamental shifts taking place that could see this coming to an end. So why is that? What currency would take over from the dollar? And what can you do to prepare for this? Let's take a closer look…
What happened to gold in 2013?
In the recently published gold outlook report from Thomson Reuters, one thing stands out. Gold reserves a... ››› more
You may know from buying gold jewellery that there are some differences in gold. Gold comes with different purities. And when you buy gold coins it's no different. So before you buy gold coins, you need to know what you're getting first. Read on to find out more…
Gold content differs in different gold coins
If you look to gold mining companies to invest in, there are a number of things you n... ››› more
Cameron and Tyler Winklevoss are the twins behind the Winklevoss Bitcoin ETF (exchange traded fund). They've applied for the necessary regulatory approval to get their ETF launched. The process is now a step closer. The ETF would list on the NASDAQ. So how would the ETF work? And why would a Bitcoin ETF be a good thing? Let's take a closer look…
How the Winklevoss ETF would work
Speculato... ››› more
If you want to start collecting single malts, a good starting point is pinpointing one distillery or an area in Scotland to focus on. This is not a collection to rush. And once you've started your collection, you're looking to hold onto each whisky for a minimum of ten years. You can monitor the prices at auctions to keep track of values. So what are the most collectible Scotch whiskies at the mom... ››› more
You may enjoy a whisky at the weekend, but did you know that Scotch whisky can offer you a fantastic investment opportunity? By honing in on rare and collectible single malts, you could see a bottle rocket in value over the years. But before you can even think about investing in whisky, you need to know some basics about the industry. Let's take a closer look…
What makes Scotch whisky uniq... ››› more
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