NYC park becomes bitcoin trading floor

NYC park becomes bitcoin trading floor

Bitcoin is synonymous with the online world, but some New York traders believe there's a place for face-to-face bitcoin interaction. In what was billed as the first open-air marketplace for bitcoin, a small group of traders gathered in a New York City park on Monday to trade the digital currency. The event was organized by bitcoin enthusiast Josh Rossi, who believes the online methods for buying and selling bitcoins have become too expensive and time consuming. "If I want to buy a hamburger, I want to be able to sell my bitcoins and get my money immediately so I can buy that hamburger,"....


Related News

In-person bitcoin exchanges spread across the globe

"I'll do Coinbase price.". "It's $10 under Gox." "Last time I was here everyone was trading in Gox price." "That was a long time ago." So went the banter on the trading floor -- or rather, the trading winding pathway in San Francisco's Yerba Buena Gardens, where five men stood in a loose circle and prepared to trade bitcoins for dollars. What qualifies as "a long time ago" in the fast-moving world of cryptocurrency could only have been a few weeks earlier, at most. On this late-summer evening, the weekly cryptocurrency trading session known as Buttonwood had been convening for about two....

Canadian Nudist Resort Accepting Bitcoin Payments From Pocketless Customers

All sorts of businesses are turning to bitcoin every day to meet their needs (such as avoiding costly fees from credit card processors), but this one right here is just a little bit different. They're the Bare Oaks Family Naturist Park, and if the name was any hint, it's a resort for naked people. Located near Toronto, Canada, the Park touts itself as a place where "where the entire family can experience traditional naturist values in a modern setting." In other words, letting it all hang out. And since naked people don't have pockets to hold their wallets in, this very well may be a....

Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down...

As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFT Floor Values Take a Significant Beating NFT sales have dropped 64.84% lower than the week prior during the last seven days. Nearly every popular NFT collection is down considerably when it comes to week-over-week sales. Otherdeed sales are down 90.31%, BAYC sales have slid 63.73%, Mutant Ape Yacht Club (MAYC) sales are down....

Low Volatility Bitcoin Suggests “Massive Upside Still Ahead”

Bitcoin and other cryptocurrencies are notoriously volatile, as the recent May selloff was a violent reminder of. The ongoing market cycle has been a walk in the park compared to the rollercoaster theme park ride of past cycles, which according to capital manager Dan Tapiero could be a sign that the first ever cryptocurrency is […]

Cryptopunks and BAYC Floor Values Go Head-to-Head, as the Punks Briefly Surpa...

On Sunday, August 21, 2022, the floor value of the Cryptopunks non-fungible token (NFT) collection briefly surpassed the Bored Ape Yacht Club (BAYC) NFT collection’s floor value. While it’s not by a huge amount, at the time, Cryptopunks floor was ​​66.45 ether, while BAYC’s least expensive NFT was 64.99 ether. Cryptopunks Fleetingly Reclaims the Throne It Held Last Year by Flipping BAYC’s Floor Value Non-fungible token (NFT) sales are not doing so well this week as sales are down 18.75% lower than the week prior’s sale volume,....