2020-1-22 10:04 |
American billionaire Ray Dalio might end up on the wrong side of history if he continues to dismiss Bitcoin
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In a recent paper, researchers from the European Central Bank make a handful of claims about Bitcoin that lack context, nuance and/or evidence. I’m here to shed light on what they got wrong.
2024-10-22 19:37 | |
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Bitcoin’s credentials as a long-term asset aren’t really up for dispute anymore. In fact, 2020-21 has proven to be a year of multiple ATHs for the world’s largest cryptocurrency. With Bitcoin trThe post What are these institutions getting right and wrong about Bitcoin? appeared first on AMBCrypto.
2021-5-2 22:30 | |
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There are quite a few unfortunate stories of people that lost their Bitcoin forever as a result of using questionable means of storing their crypto. A notable example being James Howell, who lost $The post Bitcoin storage: Here's why many still get it wrong appeared first on AMBCrypto.
2020-11-14 22:30 | |
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Since it was created, Bitcoin's aim has always been to prove traditional finance wrong. Now, it seems like this aim is being fulfilled. With every passing day, Bitcoin's price is either holding firm, The post Bitcoin is proving 'smart money' wrong again appeared first on AMBCrypto.
2020-8-9 19:30 | |
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$50,000 Per Bitcoin (BTC) Forecast Goes Wrong Amid Bear Market One year ago, amid the peak of 2017’s monumental cryptocurrency bubble, in which everyone and their dog were incessantly discussing Bitcoin, BlockTower Capital, a juggernaut in the crypto investment realm, made a ludicrous bet on the future value of BTC.
2018-12-10 03:45 | |
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One of the critical characteristics that trump P2P networks like Bitcoin and Ethereum over traditional mechanisms of finance is their degree of decentralization. Having the authority to make decisions distributed equally among all the participating entities ensures an efficient and transparent mode of transactions, unlike centralized mechanisms where the power can be abused to wrong people en masse.
2018-12-4 12:00 | |
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Marketwatch published an op-ed by Atulya Sarin, a professor of finance at Santa Clara University. In this biased and error-packed piece, professor Sarin bases his bitcoin is soon to be dead assumption on the decreased mining profitability.
2018-12-4 23:40 | |
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Bitcoin, Ether, XRP Bets Gone Wrong While Mike Novogratz, is unarguably one of this industry’s foremost players, not even he, a former institutional banker turned Bitcoin diehard, has been safe in 2018’s bearish crypto market.
2018-11-29 04:42 | |
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The European Commission – the executive arm of the European Union – is a supporter of the common “blockchain, not Bitcoin” adage, it seems. At a blockchain roundtable session earlier this week, the Commission announced a new distributed ledger initiative that aims to transform the digital services space.
2018-11-23 15:04 | |
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Whenever Nouriel Roubini talks smack about Bitcoin, it’s hard to know how to respond. Do you ignore “Dr. Doom,” mindful of the mantra to not feed the trolls? Or do you tackle him head on, shooting down his fallacies, but granting the attention he so desperately craves? It’s a conundrum, but in the case of […] The post Everything That’s Wrong With Roubini’s Central Bank Crypto Love Letter appeared first on Bitcoin News.
2018-11-20 13:30 | |
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Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.
2018-11-20 23:08 | |
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Technology entrepreneur and visionary Elon Musk, popularly known for electric cars, reusable rockets, and PayPal, is increasingly seeing an uncanny association with Bitcoin for the wrong reasons. Scammers are capitalizing on Musk’s Twitter social media prominence to spin out hopes of cryptocurrency returns – with gains even more spectacular than the famed 2017-bull run.
2018-11-19 15:40 | |
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Holy mackerel! Out of the blue, Bitcoin dropped to a new 12-month low with little notice. Anyone hoping for a Santa Claus rally had better drop to their knees and start the Hail Marys. Market Overview Today Bitcoin (BTC) got nuked.
2018-11-15 08:51 | |
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XRP USD Upon Bitcoin‘s [BTC] drop below the yearly lowest, the market follows and deep dives in the red leaving many HODLers speechless as the anticipated breakout went the wrong way. Among all leading coins which are experiencing double digit drops, the speedy XRP is only 8.
2018-11-15 02:36 | |
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Michigan Secretary of State Bans Bitcoin and Cryptocurrencies for Donations to Political Campaigns Michigan Secretary of State Bans Bitcoin and Cryptocurrencies for Donations to Political Campaigns Jeff Garzik Claims Dave Kleiman was Bitcoin's Satoshi Nakamoto but Just How Wrong Is He? Jeff Garzik Claims Dave Kleiman was Bitcoin's Satoshi Nakamoto but Just How Wrong Is […]
2018-11-14 05:54 | |
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A new report claims that bitcoin mining consumes significantly more energy than mining gold. Here are the facts from the report and why they may be wrong. The post Bitcoin Mining Trumps Gold Mining Energy Consumption Estimates appeared first on CoinCentral.
2018-11-14 23:08 | |
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The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1. 1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim lost CT over $600,000 through stealing money to finance cryptocurrency trades gone wrong.
2018-11-12 14:00 | |
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In this very special bitcoin-heavy edition of the Daily Byte: a stable bitcoin, Yellen's not buying, a bitcoin exchange gone wrong, and the Feds are in the bitcoin business. Plus, private transactions on the main Ethereum blockchain.
2018-10-31 02:53 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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Bitcoin's white paper has its flaws, too.
2018-10-30 11:00 | |
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An inverse monetary velocity pattern indicates that bitcoin bulls are wrong about the market’s next bull run. Willi Woo, a prominent cryptocurrency market analyst, pitted the digital currency network value (or market cap) against the daily US Dollar volume transmitted through the blockchain.
2018-10-27 14:34 | |
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Bitcoin futures launched to a huge fanfare in late 2017. But while uptake has been admittedly lackluster so far, the future of BTC futures looks promising. The Future’s Bright Bitcoin futures launched in December 2017, just before the peak of last year’s price bubble.
2018-10-26 07:00 | |
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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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An unfortunate man in Norway was murdered over what appears to be a Bitcoin trade gone wrong. P2P Gone Wrong? What appears to be a trade gone wrong has resulted in the tragic loss of a life in Oslo, Norway.
2018-10-18 10:00 | |
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One of the reasons flying on an airline is deemed safe is because the pilots have high status and are equally affected if something goes wrong. Being a flight passenger possesses a certain sense of security since the person at the controls has a clear incentive to not harm themselves or others.
2018-10-15 16:00 | |
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Chart for EOS/USD (1W) Cryptocurrency markets plunge deep in the red, dancing to the tune of Bitcoin (BTC). Eos (EOS) investors are not moved by this confusion. In fact, as the above weekly chart for EOS/USD shows, the price of Eos (EOS) has not corrected the same way as the rest of the market.
2018-10-11 00:30 | |
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Chart for ETC/USD (1W) Ethereum Classic (ETC) is currently the only Turing Complete blockchain that will run on Proof of Work (PoW) forever. It has a limited supply of coins, just like Bitcoin (BTC).
2018-10-9 17:00 | |
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Ether (ETH) prices “capitulating” in September was “significant” to ending the 2018 cryptocurrency bear market, according to a new theory from one cryptocurrency analyst. Thies: ‘We Were Looking In The Wrong Place’ In a series of tweets, UTR Equity’s crypto market commentator Eric Thies postulated that Bitcoin’s run to all-time price highs in December 2017 came as a result of Ether investment during the ICO phenomenon.
2018-10-9 16:00 | |
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Recents efforts to address gender imbalance in the industry only really serve to highlight crypto still being rather a boys-club. So Miss Bitcoin is just an excuse for the ‘Bitcoin Bros’ to ogle ladies in swimwear, right? Wrong… Meet Mai Fujimoto, crypto-evangelist, guru, entrepreneur… and Miss Bitcoin.
2018-10-9 07:00 | |
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On September 23, 2018, the Bitcoin Foundation sent a letter to the French Parliament asking that they reject a new crypto asset amendment being proposed in the PACTE Bill, which deals with the growth and transformation of France’s businesses and the country’s employee savings.
2018-10-4 22:10 | |
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FunFair may have picked the wrong year to launch its cryptocurrency. The project which aims to revolutionize the gaming industry with blockchain technology released its cryptocurrency in January at a price of around $0.
2018-10-2 18:37 | |
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A long list of award winning economists have railed against Bitcoin and cryptocurrency, predicting spectacular failure. Nobel prize winner Paul Krugman has predicted the total collapse of Bitcoin because of its deflationary nature, going as far to call it “evil.
2018-9-30 01:00 | |
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It’s no secret that DApps have struggled to achieve adoption; in fact, according to stateofthedapps. com, the most popular DApp currently has just 1,811 daily active users (DAUs).
2018-9-27 20:05 | |
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London-based ONEm Communications has announced the launch of its mCoin program across Africa. Designed to be a hybrid currency, mCoin is a digital currency that can be transferred over text or through the smartphone app.
2018-9-25 21:26 | |
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Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these system to work, it comes with a significant downside: privacy is often quite limited.
2018-9-25 19:47 | |
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In a new blog post, Coinbase targeted the media, which wrongfully reported that the exchange engaged in proprietary trade. The exchange said that it welcomes the New York Virtual Markets Integrity Report but is uncomfortable with inaccurate media coverage.
2018-9-23 21:04 | |
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For well over a year, versions of Bitcoin Core — Bitcoin’s leading software implementation — contained a severe software bug. The bug was fixed with Bitcoin Core 0.
2018-9-22 21:22 | |
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Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.
2018-9-21 19:18 | |
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The New York Attorney General’s office has pointed a finger at cryptocurrency exchange Kraken for “potential” violation of state regulations. Now, the San Francisco–based exchange is firing back, saying it does not appreciate what it sees as implications of illegality.
2018-9-21 18:10 | |
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Bitcoin has succeeded as an asset but has failed terribly as a currency. It has only gained traction within a very small niche following, lacking any use in real-world transactions. It only handles a very small number of transactions compared to its competitors like Visa, all while consuming large amounts of energy which further makes […] The post A Failed Idea – The CEO of India’s Biggest Startup Incubator Gets Facts Wrong As He Tears Into Bitcoin appeared first on NullTX.
2018-9-17 05:00 | |
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Jay Krishnan of the The Economic Times called Bitcoin a failed project in a recent piece. He also called on the Bitcoin community to realize that it is on the wrong path and move on. Krishnan invokes consequentialism when speaking of Bitcoin, and says that the die hard base must examine whether or not the […] The post Can Bitcoin Wind up Doing More Harm Than Good? appeared first on ZyCrypto.
2018-9-17 22:42 | |
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Since Bitcoin’s inception in the financial world it has given birth to a new field of ideas and solutions to be explored by many for the issues that are globally met right now. Mostly and tremendously in the currency industry.
2018-9-16 12:26 | |
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In a recent interview on the sidelines of an Ethereum and blockchain conference in Hong Kong, Ethereum cofounder Vitalik Buterin stated that gone are the days when crypto prices would undergo massive spikes over a short period (like they did toward the fall of 2017).
2018-9-14 12:59 | |
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It seems as though anytime anyone refers to the cryptocurrency sector as being dead or having reached its full financial potential, the market makes an impressive run to prove the naysayers wrong. For example, since September 12, the price of BTC has risen from a dwindling $6,261, to a more confidence instilling $6,551 (at press […]
2018-9-14 08:29 | |
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A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.
2018-9-11 17:57 | |
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So it’s Burning Man time again, and this year one of the ‘art’ installations featured some prominent bitcoin logos. Well, you weren’t expecting physical bitcoins, were you? They’re just to impress no-coiners! Burning Question For anyone who doesn’t know, Burning Man is a yearly event in the desert and a global cultural movement.
2018-9-1 04:00 | |
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Craig Wright, the Australian computer scientists and self-proclaimed creator of Bitcoin, has landed in a new controversy after tweeting August 28, that miners who can’t mine blocks of 32MB deserve to go bankrupt.
2018-9-1 00:00 | |
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For every problem that smart contracts solve, they seem to introduce another. In a week in which EOS has made news for all the wrong reasons over a RAM vulnerability, a code auditor has revealed the prevalence of smart contract bugs.
2018-8-29 18:55 | |
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Global warming is certainly one of the humanity’s greatest challenges. For decades, public opinion has held heavily industrialized nations accountable for the damage done to our planet. In the quest to preserve Earth, it has become en vogue to critique Bitcoin mining for its high energy use and potentially harmful impact on the environment.
2018-8-28 18:53 | |
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