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According to recent reports released by the company and itself and the many individuals excitedly watching their developments, Amazon recently filed a patent involving the cryptographic proof-of-work system in order to better strengthen their current systems. As a result, rumors have been spreading that this may be an indication that they will be accepting cryptocurrency payments on their platform or that they may even be involved in the development of their own cryptocurrency project.
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60% of Americans have heard of bitcoin at least once. Only 5% hold the digital currency.
If only 5% hold it -- does that mean a lot of people are lost and don’t know the best way to buy bitcoin?
After all, the statistics don’t lie. They were conducted by the Global Blockchain Council and SurveyMonkey. They found that most people think buying Bitcoin is difficult.
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As we approach the middle of May in 2019, we have seen the price of Bitcoin skyrocket to approximately $8,000 at the time of writing, an impressive leap from the opening price of around $4,000 on January 1st of this year. Despite some negative press and the large bubble burst that took place towards the end of 2017 and the beginning of 2018 that left investors cautious, Bitcoin’s recovery serves to prove its resilience and popularity among its users.
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If you use Binance -- get ready. Tomorrow, May 15, at 3:00 AM (UTC), you won’t be able to make any trades for roughly six to eight hours. If you don’t use Binance -- you might still want to get ready. There could be massive altcoin fluctuations ahead.
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HODL: Hold On For Dear Life.
It means that no matter what the markets are doing, even if they are burning to the ground, you hold on.
But who says holding on needs to be so stressful? These days, some of the best bitcoin lending sites reduce your HODL stress by allowing you to earn interest on bitcoin by making bitcoin loans.
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