Bitcoin News (BTC) - Page 56

Is Bitcoin Dead
Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities Bitcoin (BTC) has experienced about an 82% decline from 2017 all-time-high. After a very impressive performance last year, 2018 so far has turned out to be the exact opposite. At the moment, the question that weighs on the minds of investors and traders is; is Bitcoin dead? The cryptocurrency market experienced at a quick pace popularity in 2017 as quite a number of investors and traders thought the flagship cryptocurrency was the asset that guarantees an explosive profit. That, however, seemed undeniable at that time. Considering that at the start of 2017, BTC was only trading at $1,000, nevertheless, by December the price had rallied by about 1,880% to trade near $20,000.
January 16, 2019 12:34 PM

www.earnforex.com

Is Bitcoin dead or just waiting for a catalyst Altcoin Sidekick
The Internet is being re-engineered right now, and not 1 in 100,000 people realise it?s happening. Altcoinsidekick.com is your inside guide to cryptocurrencies. Get ready for a brave new world Thank you for signing up to our mailing list? As a reward we would like to offer you the opportunity to download our 50 page eBook ?Guns and Butter?. The book explains Bitcoin, the timing of its creation, and why it was launched in January 2009. The history of traditional FIAT money and how it has been confiscated, devalued and manipulated in recent history. Concluding with a discussion about the future and the possibility of a cashless society. Please check your email for a link to download our in-depth FREE guide!
January 16, 2019 12:34 PM

www.altcoinsidekick.com

Is bitcoin dead Hardly
Updated on: April 3, 2018 / 8:00 AM / MoneyWatch Bitcoin may have climbed on Monday while major U.S. stock indexes were tumbling, but don't think the debate over the cryptocurrency is any closer to being resolved. After all, bitcoin prices -- whose stratospheric rise made some rich and confounded many professional money managers -- have plummeted to earth in recent weeks. However, that's not keeping the digital currency's proponents from swearing their side is winning. The skeptics just point to the overall price plunge. After peaking near $20,000 in December, it has further slid from $11,520 on March 5 to around $6,986 on Monday afternoon, according to CoinDesk's Bitcoin Price Index. Rivals to bitcoin in the cryptocurrency market such as ethereum, ripple and bitcoin cash have also been crushed.
January 16, 2019 12:34 PM

www.cbsnews.com

Is Bitcoin Dead | New Media
New Media  | 11 de abril de 2014  | Vistas: 1123 "Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren't printed, like dollars or euros ? they're produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems." Tuur Demeester shares a brief description of what is bitcoin as a currency and as a payment network; he explains how it works and talks about other alternative cryptocurrencies created in the market. As well he presents a video of an interview to Milton Friedman in 1999, where he predicts that in the future there will be "a reliable e-cash where people can transfer money without A knowing B and vice versa."
January 16, 2019 12:34 PM

newmedia.ufm.edu

Bitcoin and Ethereum ain't dead yet
Could become investors' safe havens Cryptocurrencies like Bitcoin and Ethereum will increasingly be seen as investors? ?safe havens? in 2019, claims an influential tech expert. Ian McLeod of Thomas Crown Art, the world?s leading tech-art agency believes so, following growing concerns that the global economy is likely to experience a significant slowdown before the end of 2019. Leading economic indicators tracked by the OECD have weakened since the start of the year and suggest slower expansion over the next six to nine months. Similarly, the wider global expansion that began roughly two years ago has plateaued and become less balanced, according to the International Monetary Fund. Mr McLeod said: ?There?s a growing list of investment tailwinds to consider for 2019. These include significant trade tensions, rising interest rates, political uncertainties, including Brexit, and complacent financial markets. ?The US, the world?s largest economy, has, of course, a considerable influence on Asian and European economies. As such, should the U.S. stock market plunge ? as it did recently scrapping all of its 2018 gains during a major sell-off - global markets are vulnerable too.? He continues: ?Against this backdrop, we can expect cryptocurrencies will increasingly be seen as investors? ?safe havens? in 2019 and beyond. ?When the downside of the economy hits, digital assets cryptocurrencies like Bitcoin and Ethereum are likely to be viewed by investors as a robust means of storing wealth, in the same way, they do with gold.? Mr McLeod said: ?There are several keys reasons why the likes of Bitcoin and Ethereum will be safe havens. These include scarcity because there?s a limited supply; permanence, they don?t face any decay or deterioration that erode their value; and future demand certainty as mass adoption of cryptocurrencies and blockchain, the technology that underpins them, takes hold globally. As mainstream adoption is going to dramatically gain momentum in 2019 as the world, especially business, realise ever-more uses for and value of crypto and blockchain. ?Ethereum?s blockchain, for instance, is used in our art business. It has allowed us to create a system to use artworks as a literal store of value; it becomes a cryptocurrency wallet. ?It also solves authenticity and provenance issues ? essential in the world of art. All our works of art are logged on the Ethereum?s blockchain with a unique ?smART? contract.? The tech expert concludes: ?We are some way off from cryptocurrencies replacing the Swiss Franc, the Japanese Yen or gold as the preferred safe haven assets. ?However, as the world moves from fiat money to digital, and as the adoption of crypto picks up, there can be no doubt that cryptocurrencies will be firmly in the pantheon of safe haven assets within in the next decade.?
January 16, 2019 12:34 PM

fudzilla.com

Is Bitcoin Dead Cryptocurrency Still Has True Believers Despite 2018 Free Fall (Members) - Alton Telegraph
Read original story Is Bitcoin Dead? Cryptocurrency Still Has True Believers Despite 2018 Free Fall (Members) At TheWrap
January 16, 2019 12:33 PM

www.thetelegraph.com

Is Bitcoin Dead | The Motley Fool Canada
Andrew Button | November 29, 2018 | More on: TD TD Bitcoin was the darling of risk-tolerant traders last year, offering returns so high that extreme volatility seemed more than worth it. But this month, which witnessed Bitcoin drop 40% in a few weeks, has raised the question of whether the bubble has finally popped. On Wednesday, a slight recovery gave some investors hope that Bitcoin would make a comeback. However, I?m very skeptical that it will. Although blockchain technology in itself is promising, the project that originated it most likely will not find wide adoption outside of the black market. In my opinion, there are five facts that make?
January 16, 2019 12:33 PM

www.fool.ca

Is Bitcoin Dead or Dying - BITCOIN - The Bitcoin Pub
Over and over again we see it in the media. Bitcoin is dead for the millionth time. How would you know if Bitcoin was actually dead though? I think this topic is worth exploring, because there seems to be a lot of confusion. I wrote an article about this, thought you guys might like it. https://seekingalpha.com/article/4187354-tell-bitcoin-actually-dead How many times has Bitcoin died? According to this site 329 times. Until today Bitcoin has died 300 times. We collect Bitcoin obituaries from around the web. If you have a Bitcoin obituary to publish submit it to us. Ever since the Bitcoin (BTC) Ledger was launched in 2009 by Satoshi Nakamoti, the cryptocurrency has been declared dead a
January 16, 2019 12:33 PM

thebitcoin.pub

Bitcoin expert Erik Finman says the crypto currency is dead
One of the earliest investors in crypto currency, who made millions off Bitcoin, has weighed in on its future ? and the forecast is grim. Satoshi Nakamoto, the creator of Bitcoin, has been shrouded in mystery ever since he invented the cryptocurrency in 2009. We take a look at the people who have been suspected to be Nakamoto over the years. Is Bitcoin dead? Picture: SuppliedSource:istock When it comes to bitcoin investor burnout, it takes one to know one. Erik Finman, who gained renown after becoming one of the earliest crypto millionaires, told MarketWatch in an interview that the virtual currency that made him wealthy is headed to the bin.
January 16, 2019 12:33 PM

www.news.com.au

Is Bitcoin Dead A helpful guide : Bitcoin
Instead of it's dead, Jim. "your modem lost connection" Not necessarily. You could be using carrier-pigeon. 62% larger (1948x1056) version of linked image: https://pbs.twimg.com/media/DtDSaYpXoAAM07A.jpg?name=orig source code | website / userscript (finds larger images) | remove So according to this as long as someone is willing to pay $0.000001 for 1 btc even if there are no blocks being mined it's not dead. Makes sense. ?Someone can just put a 21 million usd buy order at 1 dollar? In absolute terms, hitting zero is next to impossible. Even inflated-to-death currencies like the Venezuelan bolivar (which is nearing a 1mm% inflation rate) still technically has some value, however small. But effectively, the it is worthless. This is a possible fate for bitcoin if people stop buying and selling and cease to use it completely.
January 16, 2019 12:33 PM

www.reddit.com

Crypto millionaire Erik Finman warns Bitcoin is 'dead' as cryptocurrency crash continues
News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. The 19-year-old first invested $1,000 in Bitcoin when he was 12 - and cashed it in last year to make $4million (£3,162,800) A TEENAGE bitcoin millionaire has warned that the cryptocurrency is now "dead" and that its future is finite. Erik Finman, 19, from New York, has been investing in the digital currency since he was 12-years-old and now he's warning others that bitcoin's end is on the horizon. A post shared by ERIK FINMAN ??? (@erikfinman) on Jan 15, 2018 at 10:20am PST The millionaire told investing publication MarketWatch: "Bitcoin is dead, it's too fragmented, there?s tons of infighting I just don?t think it will last.
January 16, 2019 12:33 PM

www.thesun.co.uk

Yep, Bitcoin Was a Bubble
(Bloomberg Opinion) -- It seems like every asset bubble has a famous anecdote of someone claiming, right at the top, that a crash is impossible. In the stock-market bubble leading up to the Great Depression, it was economist Irving Fisher, who declared in the New York Times that stocks ?have reached what looks like a permanently high plateau? a few days before a collapse that would see stocks lose 89 percent of their value. In 2007 and 2008, many optimistic pronouncements by current National Economic Council Director Larry Kudlow turned out to be disastrously wrong. In the great Bitcoin bubble of late 2017, the honor goes to John McAfee, founder of computer security company McAfee LLC, and passionate cryptocurrency evangelist. On Dec 7, 2017, he wrote:
January 16, 2019 12:32 PM

finance.yahoo.com

Bitcoin Is Dead! For the 317th Time | U
The first rule of investing is ?Buy low, sell high,? or rather ?Don?t invest more than you can afford to lose,? or?. ah, what?s the point of knowing which one is the first and most important rule? It?s known that Ups and Downs are normal, i.e. bullish and bearish market states, so we don?t have to get all panicky about it. Yes, Bitcoin is bleeding value, but pessimists have claimed it died 316 times before, so why believe it will stay dead the 317th time? ?Buy low, sell high,? as they say. Is this low enough? There isn?t anything major behind the drop other than the BCH fork, panic, and some FUD here and there, so there?s no sure way of telling.
January 16, 2019 12:32 PM

u.today

'Bitcoin Is Dead', Says One of the First Crypto Multimillionaires - Maxim
Bitcoin won't be rebounding after its year-long freefall, at least according to one of the popular cryptocurrency's earliest millionaires. Erik Finman, the young German crypto king who famously turned a 2011 investment of $1,000 into $4 million when Bitcoin hit an all-time high one year ago, says BTC is "dead."  ?Bitcoin is dead, it?s too fragmented, there?s tons of infighting, I just don?t think it will last,? Finman told MarketWatch. ?It may have a bull market or two left in it, but long-term, it's dead.? Bitcoin peaked at $19,783.21 exactly one year ago today: December 17, 2017. That headline-grabbing landmark was followed by a dramatic 50 percent drop in January, which turned out to be the beginning of a 12-month trend characterized by small gains and huge losses. 
January 16, 2019 12:32 PM

www.maxim.com

One of the first crypto millionaires says bitcoin is dead
Thanks for contacting us. We've received your submission. December 17, 2018 | 9:10am | Updated December 17, 2018 | 11:40am When it comes to bitcoin investor burnout, it takes one to know one. Erik Finman, who gained renown after becoming one of the earliest crypto millionaires, told MarketWatch in an interview that the virtual currency that made him wealthy is headed to the trash bin. ?Bitcoin is dead, it?s too fragmented, there?s tons of infighting. I just don?t think it will last. ?It may have a bull market or two left in it,? he added, ?but long-term, it?s dead.? Finman was especially downbeat about Litecoin ? which has fallen 95 percent from its peak ? as being on the way out.
January 16, 2019 12:32 PM

nypost.com

People Increasingly Want to Know "Is Bitcoin Dead"
Follow us on Twitter or join our Telegram Over the course of the past few weeks, the interest of the general population in Bitcoin has seen a significant rise. Well, the interest in the Bitcoin price and whether Bitcoin is dead, to be precise. Also, it is not popular to look for information on Bitcoin adoption or where this cryptocurrency could be spent. However, possibly the good news is that people are still more interested in buying than selling bitcoin. (Of course, those who already own cryptocurrency most likely know how to sell it, as the market crash showed.) Now, let's take a closer look at graphs.
January 16, 2019 12:32 PM

cryptonews.com

Is Bitcoin (BTC) dead again This is what the scene says | CaptainAltcoin
It has to be said so clearly: Last week was brutal. A Bitcoin plunge  does not leave even hardened Hodlers indifferent. So should we follow the trend and fall into collective panic? What are the reactions from the scene? An overview. Those who took the lead in the 2017 FOMO bull run have since posted losses of over 70 percent. Nevertheless, this downward slide also needs to be assessed. Already after the chaos of November 14th Bitcoin veteran Bobby Lee reminded us of four fundamental rules for a successful crypto investment. Above all, rule four now applies more than ever: Remember Common Mistake #4: Selling your #Bitcoin during a panic crash. If you?ve invested in #Bitcoin, then you should know that it?s a long term holding. You?re not looking for quick profits, so don?t get impacted by volatile price movements in the short term. Don?t panic sell! https://t.co/y9EyIq7qc7
January 16, 2019 12:32 PM

captainaltcoin.com

Is Bitcoin Dead Hacker Noon
It is somewhat funny though how every time bitcoin died, the scale on the Y-axis we use to measure it with goes up by a magnitude or two. Bitcoin is a currency that is border-less, neutral, censorship resistant, open to all participants and is a trusted network despite having a lack of central governance. For the minute pitch, I?m going to use Murad?s pitch from his interview with Pomp (edited for clarity since this was a transcription from a podcast). Source Bitcoin is the soundest, hardest currency that has ever been invented in the history of human civilization. Its disinflation is second to none. Its monetary policies are known years in advance and it?s becoming increasingly credible. It will also be a growing threat to the very currencies banks and nations control. I think getting in before most other central banks and most other sovereign wealth funds and most other rich people will, in the next decade, prove to be one of the smartest investment decisions in the course of human history.
January 16, 2019 12:31 PM

hackernoon.com

Is Bitcoin Dead When Will Bitcoin Die
Since 2018, Bitcoin shot up to $20,000 and plummeted to $7,500. The recent plummet has experts claiming it is the end of Bitcoin and the bubble has finally popped. We take a look at the history of Bitcoin, how cryptocurrency has changed over the years, what experts are saying about it, and if perhaps there?s a better alternative than the ever-popular Bitcoin. Bitcoin was invented in 2009 as a peer-to-peer online payment system that does not require a trusted central middleman ? such as a bank or payment gateway ? to verify and control the transaction. Because there is no middleman, a system controls double spending to ensure no one spends the same money more than once (remember, anything digital can be copied and reused over and over). The system is the peer to peer network.
January 16, 2019 12:31 PM

www.vpnmentor.com

Is Bitcoin Dead - A Detailed Answer - Global Coin Report
Lite.IM Dethrones Facebook After Integrating Crypto Wallet With Popular Messaging Platforms Will 2019 be the Year of TRON (TRX)? TRX vs ADA: TRX Overtook ADA for 8th Place TRON (TRX) Expectations for 2019 What Will Happen First: BTC 2k or 5k? Is Bitcoin Spiraling Down to a New Bottom? Crypto Market Surges Then Drops, Can The Rally Continue? Is the New Bitcoin Bounce For Real? Will Ethereum (ETH) Go Beyond $200? Will Ethereum Hit $100 or $200 Next? Has Ethereum (ETH) Finally Found Its True Bottom? The Pros and Cons of an Ethereum Casino Will 2019 be the Year of TRON (TRX)? TRX vs ADA: TRX Overtook ADA for 8th Place
January 16, 2019 12:31 PM

globalcoinreport.com

Aggregated knowledge base entries about Bitcoin (BTC) Titles not entered by Crypto.BI and are Copyright(C) their original authors.