Prominent Analyst Shares His Reasoning For $40,000 Bitcoin By 2019

2019-7-4 16:34

Since April this year, significant moves by Bitcoin has seen the price pump from $4,100 to almost $14,000. Once again, cryptocurrencies are gracing the home pages of mainstream media outlets, and public interest is duly peaked.

Sentiment on whether crypto winter is indeed over still divides opinion, but Fundstrat’s Thomas Lee continues to push a. . .

The post Prominent Analyst Shares His Reasoning For $40,000 Bitcoin By 2019 appeared first on NewsBTC.

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Источник: newsbtc.com

bitcoin reasoning → Результатов: 38

Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

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Analyst: If Bitcoin Holds Above The $5,500 Region, A ‘Megamoonsoon’ May Soon Grace Crypto

While the upward price pressure has slowed, resulting in Bitcoin (BTC) posting a mere 0. 15% gain in the past 24 hours, some are sure that the cryptocurrency’s chart structure remains bullish.

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“Bye Gold, Buy Bitcoin”: Grayscale Urges Investors to Drop Gold for BTC

Grayscale Investments is weighing in on the gold versus bitcoin debate. Its two sats? Drop the bars, buy the bits (and the dip). The Digital Currency Group off-shoot has launched a “Drop Gold” campaign that encourages investors to ditch the old asset for its digital counterpart, bitcoin.

2019-5-2 23:21	Investing
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Bitcoin and gold, why Warren Buffett doesn’t invest in either

As excitement starts to once again build in bitcoin, it is important to consider why it may underperform as an investment. Warren Buffett, one of the planet’s most influential investors, has an aversion towards both BTC and gold.

2019-4-26 17:50	Warren Buffett
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Bitcoin Champion Bows Out, But For The Wrong Reasons

One of the leading advocates for blockchain adoption has announced his retirement from the space. Angus Champion de Crespigny, former blockchain leader at Ernst & Young, says that mass adoption is still too far away for serious consideration.

2019-4-23 21:10	Mass Adoption
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Разработчики Bitcoin Private публично обвинили биржу HitBTC в несправедливом делистинге монеты

Разработчики ориентированного на повышенную приватность форка первой криптовалюты Bitcoin Private (BTCP) направили бирже HitBTC письмо-требование в связи с делистингом, который они считают несправедливым.

2019-3-10 11:04
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Команда Bitcoin Private обвинила биржу HitBTC в несправедливом делистинге и потере 58 тысяч монет

2019-3-10 10:13	делистинг
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Crypto Analyst Gives Five Reasons Why Bitcoin (BTC) Price Won’t Go Under $2,000: Solid Reasoning?

If there is one discussion in the crypto investment world that does not seem to reach a consensus is whether Bitcoin has hit rock bottom. While some people believe that it did at the end of 2018, some others are more skeptical about it.

2019-3-8 02:53	News
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DCG CEO: Bitcoin Remains King and Many Altcoins Will Fail

The bear market could signal the end of several cryptocurrency projects, claims an industry expert. The CEO and founder of Digital Currency Group and Grayscale Investments, Barry Silbert, said that the majority of cryptocurrencies would eventually be worthless except Bitcoin, reported CNBC on Feb.

2019-2-15 15:59	Bitcoin
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BlockTower Exec: Bitcoin Unlikely To Get Ousted By Fast, Feature-Rich Crypto Assets

Ari Paul, the managing partner of crypto asset investment group BlockTower, recently took to Twitter to make an intriguing claim: Bitcoin (BTC), the asset, is bigger than its own underlying blockchain.

2019-2-10 00:00	Crypto
bitcoin crypto blocktower assets claim asset feature-rich

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Van Eck: Crypto Investors Return to Gold as SolidX BTC ETF Withdrawn

Jan Van Eck, CEO of Van Eck Associates, told CNBC’s ETF Edge that he believes many investors who sold gold for bitcoin during its climb to $20,000 are now returning to precious metals. His reasoning: the CBOE’s withdrawal of the Van Eck SolidX Bitcoin ETF on Jan.

2019-1-30 00:28
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No Bitcoin ETF: Cboe Withdraws Proposed Rule Change to List Bitcoin ETF

Cboe have withdrawn their proposed rule change to list shares of the SolidX Bitcoin Shares issued by the VanEck SolidX Bitcoin Trust. The notice was published today to the SEC’s website, stating that BZX withdrew the proposed rule change yesterday, January 22, 2019.

2019-1-24 22:43	Bitcoin
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This Bitcoin Startup Is Working on Free Speech Alternatives to Patreon

Patreon has been making the case for censorship-resistant money increasingly apparent. The platform allows members to contribute to artists or creators that they support.

2019-1-19 22:15	Startups
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The Daily: Coincheck Relists Nem, Okex Adds Dong

In this edition of The Daily, we report on Coincheck’s decision to resume nem (XEM) trading and relist two other coins — ether (ETH) and lisk (LSK). Also, Digital asset exchange Okex has added support for the Vietnamese fiat currency on its C2C platform and we cover the reasoning behind the move.

2018-11-14 14:25
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The Daily: Binance Launches Analysis Division, Cobinhood Adds 4 Stablecoins

In this edition of The Daily, we cover the launch of Binance Research, a new analysis division that will produce in-depth reports for customers of the leading cryptocurrency trading platform. We also look at Cobinhood’s decision to add several stablecoins to its platform and the reasoning behind the move.

2018-11-9 15:10
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New Study Finds That Most Cryptocurrencies May Be Overpriced

A recent research paper released by Wang Chun Wei, a Ph. D. finance lecturer at the University of Queensland has concluded that many cryptocurrencies, including Bitcoin and Ethereum, may be overpriced.

2018-11-8 19:24	Cryptocurrency
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Storj Launches Version 3 of Its Decentralized Cloud Storage Platform

On October 30, 2018, Storj Labs released a public alpha for their version 3 (V3) platform –– enabling developers and companies to test their decentralized cloud storage solution.

2018-10-31 17:07	Startups
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Crypto is Property: Chinese Court Upholds Citizens Rights to Own Bitcoin

The Shenzhen Court of International Arbitration (SCIA) has recently affirmed that cryptocurrencies, specifically bitcoin and several of its hard forks, are considered legal property and Chinese citizens have a right to own and transfer them.

2018-10-27 19:22	Law & justice
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A Year After Launch, BTCPay Has Grown Larger Than Its Creator Expected

First hinting at his project in a reply to a BitPay tweet on August 2017, Nicolas Dorier boldly claimed that BTCPay would make one of crypto’s most popular payment processors obsolete.

2018-10-24 22:00	Payments
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The ‘Hodlers of Last Resort’ Saviors of Bitcoin

We have all listened to no-coiner acquaintances reasoning that, “Bitcoin is purely virtual, so the price could crash to nothing”. But why are they wrong? Who are the heroes that stop the drop in a bear market cycle? These, my friend, are Bitcoin’s Buyers of Last Resort.

2018-10-20 01:00
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Novagratz Has A Change Of Heart… Again

Mike Novogratz has once again changed his mind on what he thinks the end of year Bitcoin price will be. Mike Novogratz has revised his end of year call from $10,000 to $9,000 after just two weeks.

2018-10-4 14:00
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Three Crypto Wallets Removed By Google Without Warning: CoPay BitPay and Bitcoin.com

Google is once again displaying its distaste towards the cryptocurrency space by removing three wallets from its Play Store. The three wallet providers in question—CoPay, BitPay and the official Bitcoin.

2018-9-15 21:55	Cryptocurrency News
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Google Enables Big Data Analysis of the Ethereum Blockchain

Internet search giant Google has added Ethereum to its big data analytics platform BigQuery providing its users with a new avenue for directly interacting with Ethereum data. This move comes just a few months after releasing Bitcoin support in its database tool.

2018-9-5 11:00	Google
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IOTA Price: Medium-sized Gains Push MIOTA Back Over $0.5

The positive momentum continues to affect all cryptocurrencies, even though the reasoning behind it remains rather unclear. As long as Bitcoin remains in the green, altcoins continue to thrive. The IOTA price is noting some very solid gains over the past few hours.

2018-8-25 19:13	volatility
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Brian Kelly: A Bitcoin ETF Could Spark A “Nice Rally”

The seemingly never-ending Bitcoin ETF saga has continued, with a recent regulatory development recently sparking discussion within the cryptosphere. The Bitcoin ETF Debacle Continues As reported by NewsBTC, on August 22nd, the SEC came out to issue orders of denial for nine ETF proposals from ProShares, Direxion, and GraniteShares.

2018-8-24 10:11	SEC
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Coinberry Traders Keep Control of Keys With BRD Crypto Wallet Integration

Cryptocurrency trading service Coinberry has partnered with BRD, a secure bitcoin wallet service, in a deal that promises to bring BRD's Canadian users onto Coinberry's no-fee trading platform.

2018-8-21 18:52	Startups
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BitConnect's Alleged Ringleader Arrested in India: Local Reports

Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID).

2018-8-20 19:54	#scams
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Debate Continues: SEC Official Considers Winklevoss Bitcoin ETF Rejection a Mistake

The widely discussed rejection was not unanimous. Hester Peirce, the SEC Commissioner who voted for the Winklevoss initiative, published an official dissent to the disapproval. The strong reasoning in favor of Bitcoin ETFs may cast doubts among supporters of the Commission’s decision.

2018-7-28 01:30
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Google Play Store Removes Mining Apps from Offerings

Google just nixed any app that mines cryptocurrencies from its Play Store. With a recent update to the store’s policies, the tech monolith rewrote its stance on cryptocurrency apps.

2018-7-27 20:33	Mining
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Winklevoss Bitcoin ETF was Rejected, But VanEck ETF has a Chance to be Approved

Following the US Securities and Exchange Commission’s (SEC) decision to deny the Winklevoss’s Bitcoin ETF application, investors in the cryptocurrency market panicked, taking the bitcoin price below the $8,000 threshold.

2018-7-27 15:00	Winklevoss twins
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A Prehistory of the Ethereum Protocol

Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions.

2018-7-21 23:03
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Bitcoin Is A Ponzi Scheme And May Be Worth Nothing Soon, According To The New York Post

The New York Posts John Crudele has published an article that discusses some reasoning for his theory that Bitcoin is about to fall out of itself and totally lose all value. Whilst this is a bold and frankly unrealistic claim, this is something that we should explore.

2018-7-5 12:30	Breaking News
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Binance Halts Trading Due to One Syscoin (SYS) Selling for 96 Bitcoins (BTC)

Binance has done something extraordinary, which is halting trading after a single Syscoin was sold for 96 bitcoin on its exchange. Additionally, the blockchain has been compromised, further providing reasoning for the halt of all transactions.

2018-7-5 01:33	News
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Op Ed: Utility Token? Why You’re Still Better Off as a Security

The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.

2018-6-26 19:36	Op-ed
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China Releases Updated Crypto Index: EOS on Top While Bitcoin Falls Out of Favor

The China Center for Information Industry Development (CCID) released the second iteration of its monthly Global Public Chain Technology Evaluation Index. As part of the Ministry of Industry and Technology Information, the CCID is releasing the monthly reports on behalf of the Chinese government.

2018-6-25 21:23	China
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Grayscale files updated prospectus for its Bitcoin Covered Call ETF

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Bitcoin Mining Economics Improved in the First Half of November: JPMorgan

The total market cap of the miners the bank tracks grew 33% since the end October, the report said.

Bitcoin at $100K No Longer a Dream Believe Traders, but Blow-Off Top Warning in Near Term

QCP traders expect a run to $100,000 — nearly 10% higher than the current record of over $93,000 — in the coming months, with those gains flowing into altcoins in a mark of a general “alt season.”

MicroStrategy stock soars to record high following $4.6 billion Bitcoin buy

MicroStrategy's aggressive Bitcoin strategy highlights the potential for high returns but also underscores the risks of cryptocurrency volatility. The post MicroStrategy stock soars to record high following $4.

2019-7-4 16:34

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