If you don’t know what Reddit is, you should probably get to know it – and see why it is popular in today’s crypto news section of our website. As one of the oldest social media sites online, known as “the front page of the Internet” – Reddit is a great place to share stuff online. When it comes to topics like Bitcoin and blockchain, it is also a hotbed for many digital enthusiasts.
For years, the Bitcoin community on Reddit seems to have been a central part of the space, heated at various points and with a lot of interesting discussions. However, what’s most important for it is the recent milestone which made Reddit a place for 1 million subscribers following the Bitcoin topic and the r/BTC subreddit section.
Established by Roger Ver and other Bitcoin Cash proponents, this subreddit became the primary gathering point of many parties – mostly because its rules don’t typically allow new posts about altcoins or forks of Bitcoin.
The subreddit hit 1 million users earlier this week and according to metrics which track subreddit activity, took the 71st place on the ‘fastest-growing subreddits’ in the past month.
Obviously, the total of all crypto subreddits combined would be much higher – just like the total of crypto forums combined would be a number in the many millions.
Binance Plans To Expand To Eight New Countries But Declines To Confirm Six Of Them
The $400bn Tencent And Its Plans To Acquire Two Major Bitcoin Exchanges
Bitcoin Could Soon Fall To $2,400 And Wall Street Could Buy The Dip
"We believe this thesis still remains intact which could mean seeing a break of the lows in the coming weeks. A 25% selloff in BTC from the current lows of $3,200 would be to roughly $2,400."He also shared that the next sell-off could be just what the crypto market needs in order to finally break the backs of the bears and reach a new bull momentum in 2019.
Bitcoin ATM Operator Coinme To Start Selling BTC At Coinstar Counting Machines
“Bitcoin is now accessible at your local grocery store via Coinstar kiosks, and this offering will make it even easier for consumers to participate in this dynamic new economy.”Coinstar, on the other hand, offers coin-to-cash conversion in their kiosks in multiple countries around the world but it still remains unknown whether the Bitcoin feature will expand just as quickly as it did in the US. Coinstar’s CEO Jim Gaherty noted: Coinstar offers coin-to-cash conversion kiosks in various countries throughout the world. It remains unknown whether the Bitcoin feature will expand beyond the U.S., while the company did not provide figures on how many machines will offer it.
“Coinstar is always looking for new ways to offer value to our consumers when they visit our kiosks.’’According to CoinATMRadar industry monitoring resource, there are more than 4187 Bitcoin ATMs worldwide and more than 60 percent or 2516 are in the United States. The market has grown plenty over the years and many operators are trying to get control of what they think to become a fairly popular trend for crypto usage.
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- Binance Plans To Expand To Eight New Countries But Declines To Confirm Six Of Them
- Deloitte Features Blockchain In Its Annual Tech Trends Report
- Crypto Payments Platform CoinGate Begins Its Lighting Network Trial With Litecoin (LTC)
- The $400bn Tencent And Its Plans To Acquire Two Major Bitcoin Exchanges
- Bitcoin Could Soon Fall To $2,400 And Wall Street Could Buy The Dip
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