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Bitcoin Against The Rand

Btc Zar | Bitcoin South African Rand Synthetic - Investing.com

Btc Zar | Bitcoin South African Rand Synthetic - Investing.com

To use this feature, make sure you are signed-in to your account To use this feature, make sure you are signed-in to your account Make sure you are signed-in with the same user profile Add to/Remove from a Portfolio Add to Portfolio 04:12:01 GMT - Real-time Data. ( Disclaimer ) U.S. Commodity Futures Trading Commission (United States) National Futures Association (United States), U.S. Commodity Futures Trading Commission (United States), The Financial Conduct Authority (United Kingdom), Australian Securities and Investments Commission (Australia), Financial Industry Regulatory Authority (United States), Investment Industry Regulatory Organization of Canada (Canada), Securities and Exchange Board of India (India), Securities and Exchange Commission (United States), The Securities and Futures Commission (Hong Kong), Securities Investor Protection Corporation (United States) We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Stay focused and on track. Only post material thats relevant to the topic being discussed. Be respectful. Even negative opinions can be framed positively and diplomatically. Use standard writing style. Include punctuation and upper and lower cases. NOTE: Spam and/or promotional messages and links within a comment will be removed Avoid profanity, slander or personal attacks directed at an author or another user. Dont Monopolize the Conversation.We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinion Continue reading >>

Price Of Bitcoin In South Africa - Bitcoin Cost In South Africa - Rand Btc

Price Of Bitcoin In South Africa - Bitcoin Cost In South Africa - Rand Btc

We are often asked a lot of questions about the price of bitcoin in South Africa. The price of bitcoin is fluid, and is constantly changing 24 hours a day on bitcoin exchanges around the world. Generally people in South Africa use the USD bitcoin price as the international bitcoin price, taking that value from big exchanges such as Bitstamp, or BTC-E or Bitfinex for example. Doing a Google search for the bitcoin price will generally give you a USD price for bitcoin, and if you do a search for the Rand price of bitcoin you will simply get the Google conversion rate of that price converted from USD to Rand. This is not actually the price of bitcoin in South Africa, it is simply the converted price from USD to ZAR of the bitcoin price. This is not the same as the market rate on one of the bitcoin exchanges in South Africa, based on the supply and demand for bitcoin on that exchange. To find out the real price of bitcoin in South Africa, visit on of the local bitcoin exchange such as IceCubed or Luno . Why is the price on Google different to the price on a bitcoin exchange? The price of bitcoin on an exchange is up to what sellers are willing to accept for a bitcoin, and what buyers are willing to pay for a bitcoin. Sometimes there are sellers who want cash instantly, so they are willing to accept less for their bitcoin so will price it lower. If a buyer wants bitcoin instantly, they might be willing to pay more, so that they will get their order filled first. Sometimes an exchange will have a lot of people trying to sell bitcoin, and they will be placing lots of sell orders, which could make the price of bitcoin cheaper on that exchange, and the reverse is true too. A lot of buyers on an exchange placing buy orders, could make that exchange have a higher price to buy bitc Continue reading >>

Bitcoin Price Chart South African Rand(btc/zar)

Bitcoin Price Chart South African Rand(btc/zar)

Read the Disclaimer : Trading is a highly risky activity. Do consult your financial advisor before making any decisions. CoinGecko is not responsible for any trading decisions. Each week we will be adding a few new coins to this ranking. If you want to see your coin on this ranking earlier, drop us some comments and feedback at Like what we are doing? Donations are welcome! Continue reading >>

Bitcoin To Zar - Live Bitcoin To Rand Price - South Africa Bitcoin Price & Info

Bitcoin To Zar - Live Bitcoin To Rand Price - South Africa Bitcoin Price & Info

South Africa, a country home for some of the most innovative startups in the world, is set for the next fintech and blockchain revolution. According to Disrupt Africa , a leading startup news platform, most of the innovations in the year 2017 will be focused on mobile payments, digital banking, Bitcoin, SME financing, data analytics, real estate and automation solutions. Interestingly, all these areas present an opportunity for the implementation of blockchain technology. [TOC] Blockchain could be the most significant social and political innovation to impact Africa in 100 years. Arian Lewis, Head of Open Innovation at Barclays. Its no secret, in South Africa and Nigeria, banks are wanting to be phone companies and in Kenya, one phone company is already the bank it is called MPesa . African banks have been a bit late to the fintech party, but since mobile phones have made such a huge impact on the financial industry in the African countries, banks are looking at this continent to test out new technologies like Bitcoin and Blockchain. To give you some perspective, MPesa, a peer-to-peer mobile money platform, owned by Kenyas Safaricom and heavily funded by Silicon Valley giants has forever changed the way people do money transactions in East Africa. They provide merchants in Kenya to accept payments through mobile phones. This has lead three-quarters of Kenyas adult population to register as MPesa users and nearly one third of the countrys GDP is now transacted through MPesa. Increasing penetration of smartphones in all of Africa is only going to further benefit MPesa and the likes in future. Interestingly, MPesa was founded by three Americans, who came up with the idea on a whiteboard in a Seattle basement, before bringing it to Kenya. African technology companies absol Continue reading >>

How Much You Would Have Made Today If You Invested In Bitcoin 2 Years Ago

How Much You Would Have Made Today If You Invested In Bitcoin 2 Years Ago

How much you would have made today if you invested in Bitcoin 2 years ago Bitcoin prices have risen after Japan announced that it will accept thecryptocurrency asa legal payment method from April 2017. Reports stated that bitcoins value rose by almost 3% on Monday, which is in stark contrast to the rands recent performance. Following President Jacob Zuma firingfinance minister Pravin Gordhan andS&P Global downgrading South Africas sovereign credit rating to junk status, the rand has plummeted against major currencies. Many South Africans would have seen the rands dive coming, and bought hard currency as an investment option including US dollars. In the space of a week, the rands value against the dollar went from R12.33 to R13.92. While currency weakening is not great news for many locals, those who have put money into US dollars are somewhat better protected. Bitcoin may not be the first investment option on local investors minds, but those who invested in the currency in recent years have many reasons to smile. Withthe increased acceptance of bitcoin as a payment method across the world, its value has shot up in the past 24 months as shown in the XE graph below. If you had purchasedbitcoin on 6 April 2015 selling for a price of R2,972 you would have increased your investment by 533% if you sold this week. Bitcoin was trading at R15,855 on 4 April 2017. Continue reading >>

Bitcoin To South African Rand Today's Rate B1 = R97838.6 Btc/zar - Mataf

Bitcoin To South African Rand Today's Rate B1 = R97838.6 Btc/zar - Mataf

1 Bitcoin in South African rand = 97 838.62 2 Bitcoin in South African rand = 195 677.24 3 Bitcoin in South African rand = 293 515.86 4 Bitcoin in South African rand = 391 354.49 5 Bitcoin in South African rand = 489 193.11 6 Bitcoin in South African rand = 587 031.73 7 Bitcoin in South African rand = 684 870.35 8 Bitcoin in South African rand = 782 708.97 9 Bitcoin in South African rand = 880 547.59 10 Bitcoin in South African rand = 978 386.22 15 Bitcoin in South African rand = 1 467 579.32 20 Bitcoin in South African rand = 1 956 772.43 25 Bitcoin in South African rand = 2 445 965.54 30 Bitcoin in South African rand = 2 935 158.65 40 Bitcoin in South African rand = 3 913 544.86 50 Bitcoin in South African rand = 4 891 931.08 60 Bitcoin in South African rand = 5 870 317.29 70 Bitcoin in South African rand = 6 848 703.51 80 Bitcoin in South African rand = 7 827 089.72 90 Bitcoin in South African rand = 8 805 475.94 100 Bitcoin in South African rand = 9 783 862.15 150 Bitcoin in South African rand = 14 675 793.23 200 Bitcoin in South African rand = 19 567 724.30 500 Bitcoin in South African rand = 48 919 310.75 1 000 Bitcoin in South African rand = 97 838 621.50 Continue reading >>

The Rand Is Dying Can Bitcoin Save Us?

The Rand Is Dying Can Bitcoin Save Us?

A perfect storm has formed and the Rand continues its plummet. The key factors contributing to the decline: a balance of trade deficit, poor economic data globally and a mining sector hit particularly hard by weak global resource markets. South Africa, as one of the BRICS, was often touted as an emerging market to watch. These days it finds itself in less auspicious company; the so-called Fragile Five (India, Indonesia, Brazil and Turkey). The economic fundamentals are poor and citizens are left with few options. Most feel powerless. With few options available many are forced to watch their real wealth, denominated in Rand, evaporate. But a group of tech savvy entrepreneurs and investors have had enough. They are bringing Bitcoin and digital currency to South Africans. Driven by growing recognition and mainstream attention this investment option is catching on fast. Gareth Grobler runs ice3x.com, a South African based Bitcoin exchange. Customers sign-up for an account on their web site and link it to their bank account. In minutes they are able to get rid of their Rand for Bitcoins. Gareth says that were seeing all kinds of people sign-up, dozens each day. Fom teenagers to people in their eighties: people from different backgrounds. Theyve heard of Bitcoin, they want to learn more and they just want to get rid of their Rand. Bitcoin first came to international prominence last year when some big names in finance threw their support behind it. Most notably major Silicon Valley Venture Capitalists such as the Winklevoss twins, of Facebook fame. The price is known for its short-term volatility. But the long-term trend is up and so far this year it has remained incredibly stable. The new currency is not without its detractors and its fair share of media attention: both posi Continue reading >>

Bitcoin Is More Valuable Than The Rand: Developer

Bitcoin Is More Valuable Than The Rand: Developer

Bitcoin is more valuable than the rand: developer A lead engineer at blockchain security company, BitGo, says that cryptocurrency Bitcoin, is currently ranked 32nd most valuable currency globally, ahead of the rand. Jameson Lopp said he created a clone of the global M1 index, a metric for the money supply of a country which includes physical money both paper and coin as well as checking accounts, to assess Bitcoins ranking among the worlds most widely used currencies. Bitcoin has seen its price achieve fresh all-time highs in recent days, passing $7,500 over the weekend, up by more than 650% this year. The digital currency got new impetus last week after CME Group, the worlds largest exchange owner, said it plans to introduce bitcoin futures by the end of the year, citing pent-up demand from clients. The move will give the software-created asset some regulatory cover, which is expected to attract more buyers. Lopps clone of the global M1 index ranks Bitcoin as the 32nd most valuable currency globally, with a market valuation of over $122 billion. This puts the digital currency ahead of the rand, which is ranked 34th with a market valuation of just over $117 billion. China leads the way in terms of money supply with more than $7 trillion in circulation, followed by the European Union ($6.6 trillion), and Japan with $5.7 trillion. The US is fourth with $3.25 trillion, while Germany has the is fifth largest money supply. I made a clone of global M1 stats that updates in realtime w/Bitcoin's market cap. H/T @accerqueira for code snippet pic.twitter.com/5CzeaA6p3P Narrow money, as mentioned in the index, is a category of money supply that includes all physical money like coins and currency along with demand deposits and other liquid assets held by the central bank. Continue reading >>

Bitcoin Rand Value Explained For South Africans Trading Bitcoin Rand Pair

Bitcoin Rand Value Explained For South Africans Trading Bitcoin Rand Pair

August 9, 2017 Staff Writer Articles , Bitcoin BITCOIN RAND VALUE? WHY DOES BITCOIN HAVE VALUE AND HOW IS THE PRICE DETERMINED? Bitcoin is becoming more and more popular lately, probably because its price is going up all the time. But why does bitcoin have value in the first place? How can something digital and intangible have so much value? The reason that Bitcoin has value is because it has all the same aspects that gives any item value Scarcity & Usability with a few extras like privacy and fungibility thrown in it is the perfect currency. Bitcoin is rare. There are currently only about 16.5 million bitcoin in circulation and there will never be more than 21 million. This limit is very widely known, meaning that all buyers know they are getting their hands on something exclusive. Exclusivity increases the price of something because of its hard to get factor. Rarity is one of the fundamentals of economics and an example of this is the Hyper-car market. People pay millions for these exclusive vehicles because of their rarity. Take the Lykan Hypersport for example, there will never be more than 7 in the world and that (among other reasons) is why it is the most expensive new car in the world, rarity. Like the Lykan, Bitcoin has a high value because of its limited number of units in circulation. The Bitcoin Rand value is currently trading between R48000 and R50000 per bitcoin on the ice3x exchange Along with scarcity, bitcoin (or any other valuable item) must have a use for it to be valuable. We can use the same example of Hyper-cars to explain this concept. These cars are not only expensive because they are difficult to get your hands on. Their value is increased because of the specific function that they serve to the rich and famous. They serve as a fashion statement Continue reading >>

South Africans Flock To Bitcoin As The Rand Falls

South Africans Flock To Bitcoin As The Rand Falls

March 31, 2017 Francois Articles , Bitcoin , Bitcoin Trading Bitcoin price surge in South Africa when Pravin Gorhan is axed The amount of people using bitcoin in South Africa is growing in leaps and bounds. More people and businesses are accepting bitcoin as a method of payment as the value of bitcoin continues on an upward trend. People like the idea of their money being worth more in the future than it is today, and bitcoin is designed to be that way. Bitcoin is deflationary, and the production of new bitcoin that is introduced into the market declines every 4 years. This means that bitcoin becomes more rare over time. Combined with the usefulness, the scarcity of bitcoin makes it valuable. The price of bitcoin is volatile, but over time the volatility has decreased, and these days it has become easy to buy and sell bitcoin quickly and without much hassle. All this makes bitcoin a great go-to option as a hedge against the Rand or any other fiat currency. The USD as a world standard currency, any increase in the USD interest rates devalues our own currency. The price of bitcoin being mostly in USD and converted to Rand, means that as our currency devalues against the USD, the price of bitcoin increases locally. South Africans have started to put money into bitcoin to hedge against the devaluation, inflation, and price fluctuations of the Rand. You can really see this when there are sudden swings in the value of the Rand. Bitcoin traders know this, and as soon as there is any hint of the Rand losing value, the price of bitcoin locally starts going up with the increased demand. Traders swap Rand for bitcoin, remove themselves from the Rand volatility, then trade some back to Rand when the dust settles. In 2015 when the Rand lost over 30%, bitcoin gained around 30%, and Continue reading >>

Convert Bitcoins To Rand Latest News South Africa

Convert Bitcoins To Rand Latest News South Africa

Convert Bitcoins to Rand latest news South Africa Bitcoin is a digital currency, selling it to western Union is not an easy task. Thanks to bitcoincashout.com who has made selling bitcoin to Western Union easy. For those who has fund on their bitcoin wallet and wish to send real cash to their friends and relatives or do you want to do business with real cash via Western Union but what you have is bitcoin, this is good news for you. Bitcoincashout help you sell your bitcoin to Western Union. We buy your bitcoin at a very good price and within the shortest time and send your fund to you via western Union and all this is done within an hour. To do this, all that is required of you is to take the necessary steps to transact with us. Just place an order with us, provide us the details that you want us to send the funds, send the bitcoin to the wallet I.d that will be sent to you while transacting. Immediately your payment is complete and confirmed, your cash will be sent to you via Western Union to the address or information you provided within an hour. No third party is needed with bitcoincashout, send your bitcoin to us and receive cash via Western Union. Our Western Union service is worldwide I.e, Africa, America, Europe, India etc. No matter where you are, we can reach you with our service. Use our service today and you will be glad you did.Direct transfer instant exchange automatic sell bitcoin for western union worldwide services BTC to WU usd cashout convert online service high rate offer. Click here to Continue Reading Continue reading >>

Btc / Zar Xchange Rate Bitcoin South African Rand Online Calculator

Btc / Zar Xchange Rate Bitcoin South African Rand Online Calculator

Muhammad: brother jo withdrawal kiya ha wo wapis localtrade mn wapis mily ga ya phir mily ga hi ni any body help me Pavel: nope they say wallets are in mainterance vaje Singh: Ya i m there what u wanna sat Pavel: yesterday i bought btc with ltc but btc not added to my balance vaje Singh: Contact me on whatsapp +917876088846 Edel : hello boys, please, take care, i have been trying withdraw few btc to my wallet, and today are 6 days waiting, i was look for info_rmation in other sites about FORUM OF CRYPTO, iand i have founf many cases of members speeking about this platfo_rm is FAKE Edel : I AM THINKING THIS PLATFORM IS A BIG FAKE Edel : I SELL 14 000 EDC, I AM WAITING FOR MY BTC SINCE 22/03 Edel : ALWAYS MAINTENANCE WITH ALL CRYPTO Edel : localtrade.pro and livecoin is a scam Edel : Those are the company itself making fake trade buying and selling. greengem04: This platfo_rm isn't fake. I had same issue two weeks ago I wrote support and it was resolved. Try and screen shot and write support about your issue. vaje Singh: Hlo site working right and gives u more security than other vaje Singh: I am here within 4 months and doing easy trade vaje Singh: Paval i got ltc.uper order is mine of ltc/btc u can contact me on whatsapp 917876088846 vaje Singh: I will tell u where u can see ur btc monica : amigos cuanto tarde en el retiro del btc mirza: monica , monica eso no se puede decir cuanto tarda. Pero el btc te lo van a de volver en la misma cuenta, pa mi a cuestado 5 dias monica : espero k muy pronto llegue gracias mirza monica : mirza a ti llego dentro de 5 dias a tu billetera.. .?? zaheer: vaje Singh, btc ko sirf daikha ja sakta he , miley ga kisi ko nahe zaheer: vaje Singh, yahan edr k elawa koi trade nahe, ap kon si easy trade ker rehay hain , zaheer: main 240 per lainey Continue reading >>

Bitcoin To Rand: Calculator, Prices And Charts.

Bitcoin To Rand: Calculator, Prices And Charts.

The price of Bitcoin is measured in a currency like US Dollar (USD) or South African rand (ZAR) . Heres a quick Bitcoin to rand price calculator and graph. This price is set on Bitcoinexchanges all over the world by consumers buying and sellingit. Since each Bitcoin exchange operates independently, the market force of buyers and sellers will set the price independently on that exchange. Imagine welive in a world with only one type of apple and that they for this demo, all of the same quality. In this world, we have a farmer, Sally, who takes her ripe apples toa marketplace toexchange them for money. Now, ifthere is only one farmer and there is a big demand for apples, she cankeep charging a higher price and higher price. Shell say Hey, Im selling apples and a buyer comes over and he says Hey, Id like to buy an apple! and they will start trading. If Sally charges less than what the buyer is willing to pay, shell make an instant sale.She can in theory keep increasing the price until the point at which the buyer says, Hey, this is too expensive, Im not interested in buying anymore. The other thing youre likely to witness is competition. Since were living in a place where lots of people like apples,there are now hundreds of apple farmers, all eager to make some money.These new farmers will come to market with their apples and set up shop next to Sally. They will soon see that by pricing their apples a little cheaper, they can get more trades. Through healthy competition and the forces of supply and demand, the priceof apples from all the different farmersshould soon stabilise. This is how you get the price of apples (in rand). Getting the price of Bitcoin in South Africanrand, works exactly the same way. In the real world, we simply have many traders with Bitcoin, which th Continue reading >>

(today) 12 Bitcoin (btc) To South African Rand (zar) Currency Converter | Rate 12 Btc To Zar

(today) 12 Bitcoin (btc) To South African Rand (zar) Currency Converter | Rate 12 Btc To Zar

Today exchange rate 12 Bitcoin (BTC) to South African Rand (ZAR) is 1,259,338.08. Listing below is the exchange rate of 12 BTC against ZAR, you can find the latest exchange rate between them past days, it shows the exchange rate between the two countries and show you the highest and lowest rates with oscillation amplitude. You can also view exchange rates with other popular currencies by click and get more information or reverse 12 South African Rand (ZAR) to Bitcoin (BTC) . 12 BTC = 1,259,338.08 ZAR ( Rate 12 BTC to ZAR) Warning: Invalid argument supplied for foreach() in /home/currency/public_html/current_rate.php on line 96 Warning: arsort() expects parameter 1 to be array, null given in /home/currency/public_html/current_rate.php on line 110Warning: end() expects parameter 1 to be array, null given in /home/currency/public_html/current_rate.php on line 111Warning: array_shift() expects parameter 1 to be array, null given in /home/currency/public_html/current_rate.php on line 112 The Current Rate of 12 BTC to ZAR: 1,259,338.08 (05/19/2018) Warning: Division by zero in /home/currency/public_html/current_rate.php on line 118 Continue reading >>

Bitcoin And The Dark Web: The New Terrorist Threat?

Bitcoin And The Dark Web: The New Terrorist Threat?

(Georgetown University Security Studies Review) Bitcoin and the Dark Web: The New Terrorist Threat? Since it first came into existence in 2009, Bitcoin has been causing controversy, confusion, and consternation in equal measure. The cryptocurrency is valued at 1 bitcoin to $14,122 USD (10,189.53) at the time of writing (15 January 2017), and is the first decentralized digital currency of its kind, requiring neither a central repository nor single administrator . While hedge funds and banks have viewed it as a powerful asset and have made considerable investment, it has also been recognized as a vehicle for fraud and organized crime. However, more concerning is the slow realization by governments, banks, and the public that the cryptocurrency could be used for the purposes of terrorism. Indeed, the links between terrorism and organized crime have been well-documented . Bitcoin has become the prominent currency of the 'dark web,' which is often used to purchase illegal goods online, such as weapons and drugs. However, the intersection of Bitcoin and the dark web for terrorist activities has been less well-documented. Anecdotal evidence suggests that terrorists are using both already, but more work is needed to ascertain whether groups are using a combination of Bitcoin and the dark web to finance, plan, and perpetrate terrorist attacks. This has raised questions about the cryptocurrency enabling illegal behavior. In the last two months alone Bitcoin has received vocal criticism. Chief Executive of Goldman Sachs Lloyd Blankfein has accused Bitcoin of being a ' vehicle for fraud ,' claiming its wildly varying market price is not reflective of a true currency. His comments come after CEO of JPMorgan Chase Jamie Dimon labelled the currency a 'fraud that is waiting to blow up Continue reading >>

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