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Karma Automotive has beaten its more-established luxury electric vehicle rival, Tesla, to the Bitcoin punch. The Southern California-based company is now accepting BTC payments for new vehicle sales and services performed at its flagship Karma Newport Beach store.

This move is more than a simple gimmick as Karma Automotive is a high-tech incubator, as well as an electric car creator. In its release, the company states that it “is using its flagship company-owned store in Newport Beach, Calif., to help further its shareholder’s expertise in blockchain technology by accepting cryptocurrency as a form of payment.” Tesla, meanwhile, is being more associated with manned space travel when it comes to new and emerging hi-tech endeavors. The famed head of the electric car company, Elon Musk, recently announced that SpaceX will be piloting a manned space expedition in Q1 of 2020.

It seems odd that Tesla has not made a move to officially accepting Bitcoin and other cryptocurrencies before one of its biggest rivals. Karma Automotive has made the association of futuristic cars and futuristic forms of payment by calling this move “the latest example of the brand’s commitment to VVIP customer treatment and illustrates how Karma is emerging as a high-tech incubator.” Musk is a known Bitcoin-believer — but, perhaps, not quite on the evangelist level, after he admitted to owning only 0.25 BTC on Twitter. 
However, Musk’s immediate attention has no doubt been focused skywards and to his other futuristic company, SpaceX. The recently-announced manned mission to space for Q1 of next year is predicted to help advance the stocks of Tesla — but it will also coincide with a predicted growth in Bitcoin’s price.

Bitcoin’s mining reward is set to be cut by 50 percent in May of next year and, if history is to repeat itself, the run-up to that event could see the coin skyrocket in price..

Karma Automotive has beaten its more-established luxury electric vehicle rival, Tesla, to the Bitcoin punch. The Southern California-based company is now accepting BTC payments for new vehicle sales and services performed at its flagship Karma Newport Beach store. This move is more than a simple gimmick as Karma Automotive is a high-tech incubator, as well as an electric car creator. In its release, the company states that it “is using its flagship company-owned store in Newport Beach, Calif., to help further its shareholder’s expertise in blockchain technology by accepting cryptocurrency as a form of payment.” Tesla, meanwhile, is being more associated with manned space travel when it comes to new and emerging hi-tech endeavors. The famed head of the electric car company, Elon Musk, recently announced that SpaceX will be piloting a manned space expedition in Q1 of 2020. It seems odd that Tesla has not made a move to officially accepting Bitcoin and other cryptocurrencies before one of its biggest rivals. Karma Automotive has made the association of futuristic cars and futuristic forms of payment by calling this move “the latest example of the brand’s commitment to VVIP customer treatment and illustrates how Karma is emerging as a high-tech incubator.” Musk is a known Bitcoin-believer — but, perhaps, not quite on the evangelist level, after he admitted to owning only 0.25 BTC on Twitter. However, Musk’s immediate attention has no doubt been focused skywards and to his other futuristic company, SpaceX. The recently-announced manned mission to space for Q1 of next year is predicted to help advance the stocks of Tesla — but it will also coincide with a predicted growth in Bitcoin’s price. Bitcoin’s mining reward is set to be cut by 50 percent in May of next year and, if history is to repeat itself, the run-up to that event could see the coin skyrocket in price. ...

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Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto.

Bitcoin: A Peer-to-Peer Electronic Cash System — published on Oct. 31, 2008 —  outlined a tamper-proof, decentralized peer-to-peer protocol that could track and verify digital transactions, prevent double-spending and generate a transparent record for anyone to inspect in nearly real-time. 
The protocol represented a cryptographically-secured system — based on a Proof-of-Work algorithm —  in which Bitcoins (BTC) are “mined” for a reward by individual nodes and then verified by other nodes in a decentralized network.

This system contained the possibility of overcoming the need for intermediaries such as banks and financial institutions to facilitate and audit transactions — a major disruption to a siloed, monopolized field of centralized financial power.

Eleven years on, Bitcoin is consistently setting new records for its network hash rate — a measure of the overall computing power involved in validating transactions on the blockchain at any given time. 
More power and participation establishes greater network security and attests to widespread recognition of the profitability potential of Bitcoin mining. 
As of the middle of this month, network data revealed that since the creation of the very first block on the Bitcoin blockchain on Jan 3, 2009 — known in more technical language as its “genesis block” — miners have received combined revenue of just under $15 billion. 
The figure includes both block rewards — “new” bitcoins paid to miners for validating a block of transactions — as well as transaction fees, which broke the $1 billion mark this week. 
Bitcoin’s first-ever recorded trading price was noted on Mar. 17, 2010 — on the now-defunct trading platform bitcoinmarket.com, at a value of $0.003 and 11 years on the original founder of BItcoin remains a mystery..

Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto. Bitcoin: A Peer-to-Peer Electronic Cash System — published on Oct. 31, 2008 — outlined a tamper-proof, decentralized peer-to-peer protocol that could track and verify digital transactions, prevent double-spending and generate a transparent record for anyone to inspect in nearly real-time. The protocol represented a cryptographically-secured system — based on a Proof-of-Work algorithm — in which Bitcoins (BTC) are “mined” for a reward by individual nodes and then verified by other nodes in a decentralized network. This system contained the possibility of overcoming the need for intermediaries such as banks and financial institutions to facilitate and audit transactions — a major disruption to a siloed, monopolized field of centralized financial power. Eleven years on, Bitcoin is consistently setting new records for its network hash rate — a measure of the overall computing power involved in validating transactions on the blockchain at any given time. More power and participation establishes greater network security and attests to widespread recognition of the profitability potential of Bitcoin mining. As of the middle of this month, network data revealed that since the creation of the very first block on the Bitcoin blockchain on Jan 3, 2009 — known in more technical language as its “genesis block” — miners have received combined revenue of just under $15 billion. The figure includes both block rewards — “new” bitcoins paid to miners for validating a block of transactions — as well as transaction fees, which broke the $1 billion mark this week. Bitcoin’s first-ever recorded trading price was noted on Mar. 17, 2010 — on the now-defunct trading platform bitcoinmarket.com, at a value of $0.003 and 11 years on the original founder of BItcoin remains a mystery. ...

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Sharp drop was denied completely.
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Sharp drop was denied completely. #bitcoin #bitcoincash #ripple #ethereum #btc #bch #xrp #eth #ltc #etc #zec #xmr #mona #eos #xlm #vips #beam #grin #cryptocurrency #virtualcurrency #trading #chart #blockchain #fintech #加密货币 #虚拟货币 #比特币 #加密貨幣 #虛擬貨幣 #比特幣 ...

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Résultat #LTC #LTCPiano19 @LongThibaud Kenji MIURA - 1er Grand Prix Marguerite Long 
Keigo MUKAWA - 2e Grand Prix 
Zhora SARGSYAN - 3e Grand Prix
Jean-Baptiste DOULCET - 4e Prix 
Alexandra STYCHKINA - 5e Prix 
Clément LEFEBVRE - 6e Prix  Prix spéciaux 
K. Miura - Prix de sa S.A.S le Prince de Monaco pour la meilleure interprétation du concerto
- Prix Harrison Parrott - Prix Warner Classics 
J-B. Doulcet
- Prix du public
Le Prix de la SACEM non décerné #jaioubliedeprendrelaphotodeslaureats.

Résultat #LTC #LTCPiano19 @LongThibaud Kenji MIURA - 1er Grand Prix Marguerite Long Keigo MUKAWA - 2e Grand Prix Zhora SARGSYAN - 3e Grand Prix Jean-Baptiste DOULCET - 4e Prix Alexandra STYCHKINA - 5e Prix Clément LEFEBVRE - 6e Prix Prix spéciaux K. Miura - Prix de sa S.A.S le Prince de Monaco pour la meilleure interprétation du concerto - Prix Harrison Parrott - Prix Warner Classics J-B. Doulcet - Prix du public Le Prix de la SACEM non décerné #jaioubliedeprendrelaphotodeslaureats ...

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Compound interest is the key to financial freedom. 🗝️ 🗝️ 🗝️ 🗝️⁠ follow @cointheorist for more :)⁠ -⁠ #bitcoin #btc #eth #ethereum #xrp #ripple #ltc #litecoin #bch #ada #trx #link #eos #xlm #cryptocurrency #crypto #forex #trader #technicalanalysis #investor #stocks #cryptomarket #vet #bnb #cryptomarket ...