What will shape future demand for Cryptocurrencies?
In the past year, we have seen an explosion in the value of the global cryptocurrency market. Bitcoin’s price has increased by 850%, Ethereum’s by 2900%; and the market capitalisation of the cryptocurrency market has increased from around $13 billion to over $200 billion. Such a rapid increase reflects uncertainty surrounding the value of global […]
Cryptocurrency FAQs
What is block chain and what is cryptocurrency? Is there a difference? Blockchain is the enabling technology that underpins cryptocurrency. Cryptocurrency is money based on trust in cryptographic, mathematical proofs. Why has block chain and cryptocurrency become so popular? Crypto currencies are not inflationary. They are cheaper to transact and do not rely on […]
Scotcoin launches new vendors accepting Scotcoin!
Update from Scotcoin HQ: We’ve been pretty busy over the last few months – and as cryptocurrencies continue to gain more traction, Scotcoin has benefited from the resulting publicity. More countries worldwide are taking digital currency seriously and want to be able to legitimise its trade. Scotcoin remains at the forefront of this with […]
Whither Scotcoin
Cryptocurrency a scam? There have been quite a few gyrations in the Bitcoin market especially since China put the mockers on ICOs. This was then followed by Jamie Dimon – he of JPMorgan fame – saying Bitcoin was a scam. Yet today, one of the doyens of the London Gold market – Sharps Pixley – […]
The Scotcoin Pizza… Mark this date!
At our MeetUp in Dundee last night, intrepid blockchain enthusiasts joined our cryptocurrency development team for a momentous occasion. We now have 250 regular guests at these events and we discuss all manner of things blockchain, Q&A for newbies, and it’s a chance to meet the team behind the Scotcoin Project and find out more […]
China and the Bitcoin stumble
If you’ve been following crypto currencies, you couldn’t help but notice a 20% slide in the Bitcoin dollar price. With the way these things work, that means the whole crypto market is down by a similar amount. Bitcoin is a bit like Rocky Marciano at the moment – groggy and not doing too well, then […]
Keeping Scotcoin Scottish
When Scotcoin was created, our aim was to directly impact and assist those living in Scotland. Whilst digital cryptocurrency such as Bitcoin has sought to make a huge impact on a global scale, we felt that there were huge opportunities to use this type currency effectively at a local level. In recent years, many people […]
Lessons to be learned from the Current Volatility of the Great British Pound
As we reach September many will argue that 2016 has seen a year of upheaval within the United Kingdom. Big political decisions have resulted in the UK successfully exercising its right to democracy and many members of our society will tell you that this will have far reaching consequences. Whether you are a Brexit supporter […]
EU Proposes End of Cryptocurrency Anonymity
Since the inception of Bitcoin, Governments have been left with the question of how to manage and regulate digital currencies. In the EU, the stance has always been to learn more and wait. However, this week could mark a change in thinking after the European Commission proposed an amendment to its AML Directive. The proposed […]
4 Reasons to Buy Scotcoin
We know that interest in cryptocurrencies, and indeed Scotland’s cryptocurrency Scotcoin, has grown over recent years. It is also clear that many of those people who are interested in Scotcoin don’t fully understand the financial benefits of buying it now. In this blog, we will go over some the top economic reasons for purchasing Scotcoin […]
