Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters

2020-5-26 21:00

Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […] origin »

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bitcoin scarcity supply nearly data dormant macro

Èñòî÷íèê: bitcoinist.com

bitcoin scarcity → Ðåçóëüòàòîâ: 87


Bitcoin Reward Halving Takes Care Of Scarcity, But What About Utility?

Scarcity and utility are twin engines of the potential for mass adoption of Bitcoin. But one is outstripping the other, and potentially interfering with its growth. As we approach bitcoin’s third block reward halving – an event that typically causes a run-up in BTC prices in anticipation of half as many Bitcoin being created every […] The post Bitcoin Reward Halving Takes Care Of Scarcity, But What About Utility? appeared first on Crypto Briefing.

2019-10-30 21:41


Ôîòî:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


Company from Israeli ask authorities for permission to pay salaries in Bitcoin

The Israeli high-tech sector is at present experiencing a brutal talent scarcity, with companies having to fight over employees with superior salaries, stock options and better perks. One such company thought of a new way to draw and preserve tech-savvy staff in this difficult situation and atmosphere- ‘offer to pay salaries in bitcoin’. The offer, […]

2018-6-17 01:38


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Bitcoin Price Faces Tough Resistance: A Breakout In The Cards?

Bitcoin price started a fresh upward move above $100,000. BTC is facing resistance at $103,000 and might aim for an upside break. Bitcoin started a decent upward move above the $100,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average.

Bitcoin Price Signals Strength: Bulls Prepare for the Next Leg Up

Bitcoin price is gaining pace above the $100,000 zone. BTC is rising and might accelerate higher if it clears the $102,000 zone. Bitcoin started a decent increase above the $100,000 zone. The price is trading above $100,500 and the 100 hourly Simple moving average.