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Bitcoin and Cryptocurrencies have been a talk of the town for almost a year now. Making news for various reasons like their sky rocketing prices in no time, security of making transactions, price volatility and more. Bitcoin had touched 19000 USD  at its peak and since then has fallen down to 7000 USD in a matter of 3 months. A lot of them have been talking about Cryptocurrencies and Bitcoin in specific for being a bubble. 

However, there are people who are still cashing on them and are known to be the believers. They believe in the idea of Cryptocurrencies and their advantages. Many countries are thinking of regulating them, in fact Japan has already done that. Time Money has an article talking about the speculation of the price of Bitcoin in 2018 to reach 100000 USD.

If these speculations turn out to be true we have to make sure that we have enough of "cryptocash" with us. Now, making sure that Joomla is not left behind in accepting the so called future money we have brought you couple of integrations for accepting Cryptocurrency as a mode of payment on your Joomla sites.

Accept Bitcoin and Supported Altcoins with Coinpayments Merchant Account!

We are introducing 2 separate plugins of Coinpayments Payment Gateway integrating with J2Store and RD- Subscriptions.

 Buy Coinpayments for J2Store now!         Buy Coinpayments for RD- Subscriptions now!

With Cryptocurrencies getting in demand these days. Bitcoin being the king, its price rose from 1300 USD to 2800 USD in just a couple of months.  All of us are finding different ways to get more of them as an investment or for an easy mode of payment. We, developing Bitcoin payment plugins for our subscribers thought of developing it for one of the oldest and the most loved e-commerce system for Joomla, Virtuemart (v 3.x).

Before we dive deep, let's get to know what exactly a bitcoin is. Many of us are unaware what it is, how it works and are scared to experiment it with their business (I was one of them). Bitcoin is a Cryptocurrency (Digital currency where encryption is used) which you won’t be able to touch and feel like coins or notes (for obvious reasons) and it just gets transferred from one Bitcoin wallet to other, the most important part why this is one of a kind is because there are no Banks involved in the transaction.