Bitcoin Price On Track for Biggest Yearly Loss on Record

2018-12-5 14:01

Bitcoin's recent drop to 14-month lows has left the cryptocurrency on track for its biggest ever yearly loss.

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Bitcoin (BTC) на Currencies.ru

$ 71100.42 (-0.09%)
Объем 24H $53.285b
Изменеия 24h: 4.67 %, 7d: -1.62 %
Cегодня L: $69039.59 - H: $71289.12
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Цена в час новости $ 3879 (1732.96%)

loss bitcoin biggest yearly track left cryptocurrency

loss bitcoin → Результатов: 126


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Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes

Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses.

2018-12-5 13:00


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UBS’ Paul Donovan Claims Bitcoin Is in its Death Throes and Wants it “Buried”

In a scathing November 26, 2018, blog post titled “I come to bury Bitcoin, not to praise it,” UBS Group’s Global Chief Economist Paul Donovan has called for the end of the cryptocurrency bubble. Claiming that bitcoin is in its “death throes,” he attempted to reason that a loss of over 80 percent is “not healthy” for any economic asset.

2018-12-2 13:00


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New Report Finds 80% of Bitcoin Mining Running on Renewable Energy

A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price dropped to lows of $3500.

2018-12-1 00:00


Bitcoin is having the worst month price-wise in 7 years. Ethos and SALT lost 99% of value in November while Factom gained a staggering 137%

With today’s slump of 7. 2%, bitcoin is heading down to record the worst month price-wise in the last 7 years. With the last day of November, bitcoin’s monthly loss has dropped to 37% which is second only to the August 2011 nosedive that saw bitcoin going down by 39% and $8.

2018-11-30 17:42


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Bitcoin Cash ‘Hash War’ May Soon End As Losses Near $12M

The total cost of the ongoing ‘hash rate war’ affecting Bitcoin Cash has topped $11. 8 million, data from Hong Kong-based cryptocurrency trading platform BitMEX shows. SV Bears Brunt Of Giant Losses Fresh research uploaded to social media November 21 reveals the true extent of the curious phenomenon, in which miners have opted to mine Bitcoin Cash’s two forks at a loss.

2018-11-23 18:00


Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible?

There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto.

2018-11-21 23:26


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan.

2018-11-21 20:00


It is not a hard fork, it is a complete disintegration of the BCH altcoin.

The contentious hard fork of the Bitcoin Cash blockchain is a real soap opera – the clash and subsequent hash war is in essence a battle of egos of the leading figures of both camps. The split of BCH is also cited as the reason for the latest bitcoin price plunge, the biggest one-day loss […] The post It is not a hard fork, it is a complete disintegration of the BCH altcoin. appeared first on CaptainAltcoin.

2018-11-18 17:27


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Bitcoin Price Analysis: Will Bitcoin Bite Back?

Now that the Bitcoin Cash hard fork is complete, will Bitcoin bounce back from a $1,200 loss? Market Overview Yesterday’s 8% move from $5,188 to $5,700 was nice but does the King of Cryptocurrencies have any other cards up its sleeve? At the moment bull volume is nearly non-existent and as the weekend approaches it could taper even further so barring some positive breaking news, bitcoin (BTC) seems set to trade in the current range Read More The post Bitcoin Price Analysis: Will Bitcoin Bite Back? appeared first on Bitcoinist.com.

2018-11-17 07:00


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Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’

Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser to suggest the index could collapse to below the significant 10,000 barrier in future.

2018-11-13 20:00


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Gold-Backed AurumCoin Latest to Fall Victim to 51 Percent Attack

Gold-backed AurumCoin is the latest cryptocurrency project to fall victim to 51 percent attack, resulting in the loss of AUD$ 15752. 26, per a report by Finder on November 12, 2018. Hack Attack Results in Blame Game Shortly after the hack attack, AurumCoin’s twitter handle subtly sparked the blame game stating the coins were stolen from the wallet of cryptocurrency exchange.

2018-11-13 12:00