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Currencies BitCoin Bitcoin Micropayments Coming to Youtube, Property Sells for 2,739 BTC

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Bitcoin is ranging in a slow weekend. Prices fell from a high of $590 per coin in the early Asian session. But as the day went on, BTC stabilized around $581. Going forward, bitcoin is likely to fall to the small support at $572. Below $572, the first big support can be found at $550, followed by the round psychological figure ay $500.

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Bitcoin micropayments are finally coming to Youtube! ChangeTip, the bitcoin tipping platform that is already present on Twitter and Reddit will expand its services to Youtube, Google+ and Tumblr. ChangeTip allows social media users to tip each other in bitcoin. The tip amounts differ from $0.01 all the way to $25, as well as customizable amounts like 1 book ($1), coffee ($1.50), a burrito ($5.75) or a pizza ($10). To tip others, users first have to ”top up” their ChangeTip account with some bitcoins. While the service is currently free, starting from the 15th of September there will be a 1% fee to withdraw bitcoin from wallets.

A Lake Tahoe property just got sold for 2,739 bitcoins (that’s $1.6 million in that old fiat currency).  The home is located in Martis Camp, a private luxury recreational resort in Truckee, California. The 2,177-acre resort, near Lake Tahoe’s north shore, also has a Tom Fazio golf course, a 44-seat movie theater and an aerial adventure park with rope courses and a zip line. Bitcoin payment processor BitPay handled the transaction. Just in case you want to sell your home for bitcoins, here’s how the process works. First, the seller creates an invoice for the price of the property. The invoice can be in bitcoin or U.S. dollars. The invoice is then passed to the purchases who then has 15 minutes to complete the payment. If the payment is not completed during the allotted time, the bitcoin exchange rate will be recalculated.

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