It already more than a month that bitcoin still struggles to move up and so for the altcoins. We are all hoping that soon it will get back to its track and start to skyrocket again as what excites us most. This tragic drop is mainly caused by those country banned bitcoin and other cryptocurrency in their land and the market cap was heavily affected. Just recently, there's news circulating on the web that one of the exchanges based in Japan was hacked and some say that the damaged was greater than of that of Mt. Gox exchange. This incident will definitely give a heavy blow on the coin market cap. I think it will continue its trend for a couple of weeks or maybe months until some huge investors will step on the plate and start to pump bitcoin through investments.

Just recently, Howard Shultz, a chairman of one of the biggest coffee chain in the world plans to use the technology of virtual currencies. Starbucks Coffee was already using a mobile application for payments way back in 2015. Costumers can order and pay its coffee through mobile apps but chairman Shultz wants to level-up way of business by taking advantage of the blockchain that the digital currency was using. He is eager to implement cashless stores in US and if this will succeed then maybe he will adopt it all throughout the chain. The report stated that Schultz is eying for the blockchain technology but is cold on bitcoins. maybe he will introduce a new currency for his chain and will be using blockchain as the backbone of its transactions. Maybe soon Starbucks will be launching its ICO but this just a speculation but who knows? If this will be realized then count me in to lineup in their ICO launching - I will definitely buy some tokens :)

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