South African Payment Gateway Drops BTC Over Fees and Network Congestion

in #newslink5 years ago

South African Payment Gateway Drops BTC Over Fees and Network Congestion

"On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an &#8..."

Read more: news.bitcoin.com

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John McAfee Defends Bitcoin From Donald Trump in Ironic Tirade

In the wake of Donald Trump’s viral tweet denouncing bitcoin and cryptocurrency in general, John McAfee has come rushing to its aid. In a series of tweets, the crypto evangelist has ridiculed the U.S. president’s comments regarding the use of digital ...

Read more: www.ccn.com

Trump Says Bitcoin is Dumb. He’s 100% Right.

President Donald Trump weighed in on bitcoin on Thursday, and let his feelings be known in characteristically clear terms: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air....

Read more: www.ccn.com

China's Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the ...

Read more: www.ccn.com

4 Reasons why Negative Trading Fees are Crucial in the Cryptocurrency Industry

In the cryptocurrency world, there are numerous interesting ventures and solutions to take note of. When it comes to trading platforms and exchanges, the trading fees are often scrutinized first and foremost. Some platforms have come up with a crafty solu...

Read more: nulltx.com

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