Bitcoin News (BTC) - Page 65

5 Reasons Why Bitcoin Will Rise Again In 2019
If you?ve been reading Medium articles on cryptocurrency and blockchain in the last several months, you could become quite pessimistic about the cryptocurrency future. It seems like, for a certain category of people it has become a trend to criticize blockchain technology. Luckily, these materials are rarely based on serious facts. But this type of ?eye-opening? critical content always gives its author an immediate rise in popularity and some kind of an ?expert? status. Today I want to dispel all the pessimistic forecasts and give you a realistic view of the current market situation. I?d like to mention that I?m not going to quote any of the dozens of pseudo analysts with their crazy declarations about Bitcoin price to be equal $200000 by the end of 2019. I do think that predictions on the market future should be based on facts, in accordance with fundamental economic laws, and not on pure emotions or a desperate need for buzz.
January 14, 2019 7:34 PM

Is this what we need to Send Bitcoin to the Moon
The markets have bled out over the weekend, prices are in the red and investments are leaking value throughout. As it stands, we can?t see if this is just an organic result of a bear market, or if something more significant has happened here, the figures do suggest that an event may have triggered this slight purge - generally speaking however this is more likely a result of the bears and another retraction that is likely to help Bitcoin find a new bottom for the past few months. In all honesty, nobody knows how low Bitcoin will go. We constantly see ?experts? appearing that shout; Bitcoin has already reached its bottom! And others, crying that; Bitcoin isn?t even near its bottom yet! Who are we supposed to believe here? Do these experts really know what they are saying?
January 14, 2019 7:05 PM

Max Keiser Calls Bitcoin the Currency of Resistance in Interview with Bitcoin Core Developer
Timothy Maxwell Keiser, or better known simply as Max Keiser, is a Bitcoin (BTC) supporter and host of the financial program titled ?Keiser Report? broadcasted on the media channel ?RT? that discusses heterodox economics theories. The 30-minute program is co-hosted by his wife Stacy Herbert and produced three times a week. In the first half of the show, Keiser and Herbert would discuss alternately a present financial topic and comment on financial media reports as well as actions taken by bankers. The second half of the show is a segment where Keiser would host a guest interview face-to-face or through video conferencing.
January 14, 2019 7:01 PM

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan
With some institutional players signalling diametrically opposite stances on crypto, we turn to the charts to see what the market?s next move will be. With some institutional players signalling diametrically opposite stances on crypto, we turn to the charts to see what the market?s next move will be The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After the two years of price-centric action in the cryptocurrency industry, 2019 might shift the focus towards the fundamentals. Until the community puts an emphasis on the foundational aspects of crypto, we believe that a sustained recovery is unlikely.
January 14, 2019 6:55 PM

Proof of Work is larger than a protocol, it is a new way of life
Bitcoin?s proof of work system goes far beyond the protocol. Bitcoin creates the basis for a proof of work economy. Proof of work is important because it requires perpetual value creation at the cutting edge of innovation to maintain network position. In other words, passive ownership of the network is very difficult to achieve. The incumbents are subject to constant, rigorous, open competition, from all challengers, at all times. If the incumbent cannot keep up, it is immediately replaced and the network seamlessly carries on. No need for voting, no need for subjective debate, and no need for politics. The best player wins.
January 14, 2019 6:47 PM

Enron stock and Bitcoin: Which one is the bubble
Since Saudi Arabia?s Prince Alwaleed bin Talalsaid said Bitcoin was ?the new Enron?, I intended to make a story to compare both. From my perspective, they are completely different. But we should try to be as objective as possible when looking at the facts in this analysis. Enron is a Nebraska pipe company founded in 1985, after merging Houstion Natural Gas and InterNorth. During the merger, Enron fell into debt and needed a new business. CEO Ken Lay came up with a new idea for a Gas Bank, which was set up in 1990 with the help of Jeff Skilling. This new business focuses on creating the Energy Market and has succeeded in making Enron profitable again. Until 1998, business and securities were made in the normal range, and then there was a large increase in stock value.
January 14, 2019 6:40 PM

My response to Bitcoin haters, altcoin apologists, and people who just don't care about Bitcoin
This post is dedicated to people who don?t like Bitcoin and/or don?t have any yet. Bitcoin is dead. The bubble has popped, and we can all finally move on from this insanity and accomplish some real work. The cries for Bitcoin adoption are getting desperate, exhausting, and frankly, sad. Look, the thing crashed from $20,000 to $3,200. Nobody I know uses it for purchases. Bitcoiners don?t understand economics. BTC is not money, it?s the mother of all scams, and it can only handle 7 transactions per second. Any of this sound familiar? All of these arguments don?t matter and this post will explain why.
January 14, 2019 6:32 PM

Whiny Ragequitting Bram Cohen 3 years ago today Mike Hearn left bitcoin after an unsuccessful takeover with his BitcoinXT client
I characterized Mike Hearn?s farewell essay as a ?whiny ragequit?. I did this because it is, well, a whiny ragequit. He attempted a hostile takeover of Bitcoin with Bitcoin-XT, and now that he?s predictably been made to feel like persona non grata in Bitcoin development he?s throwing a tantrum on his way out. There are of course real howlers in Hearn?s essay which I can explain, although truth be known I shouldn?t have to. There is overwhelming alignment among people doing Bitcoin development on the path forward. The popular perception of internal division is caused by having a camp consisting of Mike Hearn, Jeff Garzik, and Gavin Andresen who are doing a good job of whipping up popular support and talking to the press. They have a simplistic plan which appeals to people who don?t know any better or want to be told that technical problems can be made to magically go away with a simple fix. On the other side are the people doing actual development, who aren?t particularly good at talking to the press or whipping up support on reddit and have a plan which requires real engineering work moving forwards.
January 14, 2019 6:31 PM

Bitcoin: Reshaping Power and Money - FREE Event - Limited spaces available
We're kicking off our first meetup for 2019 with a hard-hitting, eye-opening discussion. Sponsored by CoinGeek, the Bitstocks CryptoTalk evening will focus on the massive potential of Bitcoin and cryptocurrency - its inherent capacity to reshape power and money as we know it. Join us from 6:00pm and learn why we believe in Bitcoin as the finance of the future. 6.00 - 6.30pm - Welcome Drinks 6.30 - 7.00pm - Bitcoin SV - Technology Rocks Petter Ikekhua from Ayre Media / CoinGeek takes us through merchant adoption and the technology of Bitcoin SV, highlighting specifically why this is the true form of Bitcoin as intended to be used as electronic peer-to-peer cash. 7.00 - 7.15pm - Interval and drinks 7.15 - 7.45pm - Bitcoin - Reshaping Power and Money Bitstocks Portfolio Manager, Antonio Shillingford, takes a deep-dive into the incumbent global economic and social structures, and explains how the blockchain technology of Bitcoin reshapes power and money! 7.45 - 8.00pm - Interval and drinks 8.00 - 8.30pm - What Bitstocks is Building CEO, Michael Hudson, presents Gravity, the BitcoinSV Banking Ecosystem that Bitstocks is launching in 2019. Get a preview of the products and services built on Bitcoin SV and hear more about investment opportunities. 8.30 - 9.00pm - Q&A, networking and close There is no charge for entry, but please register to attend. Share with your friends, family, colleagues and networks. A great networking evening learning about cryptocurrency and fantastic new products. Not to be missed!
January 14, 2019 6:21 PM

Bitcoin (BTC) Could Be Throwing its Last Kicks; Investor Insight
It is no doubt the cryptocurrency hype has come to a standstill save for sporadic news about the market. The current market decline has seen crypto critics get their voice back. This raises the questions as to whether the market leader, Bitcoin (BTC) is throwing its last kicks. Ten years ago Bitcoin was just but an invisible coin and has since grown to a household name and a global brand. The hype was so high that it almost touched the $20,000 mark. The price surge opened the floodgates for altcoins with most of them having no market agenda. The crypto sphere has become so much saturated that Bitcoin adoption has taken a backstage. The new platforms are coming with different propositions from vehicles of payment or investment assets. This has trimmed Bitcoin down to ?just another virtual currency?.
January 14, 2019 6:01 PM

India continues war against crypto: Now threatens to close bank accounts of Bitcoin holders
Home » India Has Waged a Successful War Against Bitcoin The Reserve Bank of India (RBI) and India?s Supreme Court have waged a successful war against cryptocurrency. In Jan 2018, banks across India began suspending accounts of Bitcoin exchanges. They also penalized these accounts with higher fees and limits on withdrawal amounts. The Indian government issued warnings against investing in digital currencies. By March 2018, numerous Indian crypto exchanges had halted operations. Now, account users must confirm that they will not use their accounts for cryptocurrency transactions. The RBI is India?s central bank and has emerged as one of cryptocurrency?s most powerful enemies.
January 14, 2019 5:57 PM

How to Generate a Bitcoin Vanity Address
You don?t have to be vain to want a vanity address. A bitcoin vanity address is the crypto equivalent of a personalized license plate, with a portion of its 26-35 alphanumeric characters closely mirroring the name of the wallet?s owner. For fundraising, collecting tips or soliciting donations, having a bitcoin address that?s synonymous with its owner can be advantageous, despite the privacy trade-off this entails. Also read: Newspaper Ad Seeks Donations for Bitcoin Baby?s College Fund If you?ve been involved with Bitcoin for a while, you?ve likely encountered a vanity address at some stage. While perusing a blockchain explorer and inspecting the outputs for a particular transaction, for example, you may have spotted an address whose combination of characters looks to be more than just a coincidence. In a report on the U.S. government ?blacklisting? bitcoin addresses, for example, noted some of the addresses that had been sending funds to one Iranian-controlled BTC account:
January 14, 2019 5:55 PM

Mining Bitcoin and the Top 10 Cryptocurrencies in 2019
BUY & SELL CRYPTOCURRENCY on a TRUSTED EXCHANGE in SOUTH AFRICA Trade Cryptocurrency on Today Cryptocurrency mining happens everywhere and has now become a mainstream industry. Governments all over the world produce their own currency. Miners fulfil this function in the cryptocurrency world. South Africa uses the Rand (ZAR) and the United States uses the US Dollar (USD). People usually exchange fiat currencies for either investment purposes and for overseas transactions. This is usually costly as fees go straight to the bank as a service charge. Nowadays, money can be generated from home and sent in an instant using the internet and online banking. Cryptocurrency mining and crypto, in general, has changed the way that money works for the average user. As a result, the financial sector decided visiting banks was an inconvenience, and drifted toward using online beneficiaries.
January 14, 2019 5:23 PM

"Bitcoin: Gettin' Trendy with Support & Resistance" by trader StrivingYogi published January 14, 2019
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January 14, 2019 5:15 PM

Bitcoin braced for a STORM as rival Ethereum set for MAJOR hard fork THIS week - Express
The last time a leading altcoin forked it sent bitcoin into a downward spiral and created weeks of market volatility. That was early November, when Bitcoin Cash split to Bitcoin SV and Bitcoin ABC. Bitcoin had been holding steady throughout 2018 at a reasonably constant $6,500, but the BCH hard fork appeared to trigger a volume chasm that sent BTC plunging. A hard fork occurs when a radical change needs to be made to a cryptocurrency?s underlying technology ? blockchain. It is a permanent deviation from the previous blockchain meaning that anything on the old version cannot be accepted by the new.
January 14, 2019 5:10 PM

Twitch Streamer Receives 20 Bitcoins (BTC) in Donations While Playing Runescape
A video gamer and Twitch streamer called Sick_Nerd received a whopping $73000 worth of Bitcoin in donations when he was playing the game Runescape. Sick_Nerd was live streaming on January 11th as usual when all of a sudden he received 20 Bitcoins in donations. When he converted it into the Dollar amount it was worth approximately $73,000 which at first he thought was a prank of some sort. However later he realized that when a donation is made in Bitcoin it is hard to fake it, unlike PayPal donations which are known to be fake sometimes on Twitch. Thank you to my mysteriously benefactor whoever you are, genuinely a life changing amount of money that I or nobody deserves but look what happened. Crazy
January 14, 2019 4:42 PM

Which Central Bank Will Be the First to Keep Bitcoin in Its Reserves
In 2017, when at one point Bitcoin jumped to $20,000, CEO Peter Smith made some huge economic ripples claiming that in the following year, central banks across the globe will start holding crypto as just another form of reserve currency. With that following year coming to its conclusion without much certainty on whether or not Smith?s claims have been actualized, we cannot but wonder if central banks will start holding reserves in bitcoin and if yes ? which bank will be the lead? It?s been a while since cryptocurrencies were labeled as controversial. In this new context, however, which suggests not only that Central Banks will start holding digital currencies in the nearest future, but also that decentralized money could soon become centralized, cryptos are labeled as polarizing.
January 14, 2019 4:40 PM

Winklevoss Twins see Bitcoin surpassing gold market cap - with the right regulations in place
In a discussion with Fortune this week, Tyler and Cameron Winklevoss expressed their belief that Bitcoin could overtake gold?s place in the market ? should the right regulatory environment emerge. The Winklevoss twins are, of course, major players in the current cryptocurrency landscape. The pair was previously reported to be the world?s first ?Bitcoin billionaires.? Together, they own Gemini, a cryptocurrency exchange. It is no secret that the Winklevoss twins are champions of regulation. Headquartered in New York, Gemini is often advertised as an outwardly regulatory-compliant crypto exchange. In fact, their recent ?Revolution Needs Rules? campaign echoed this sentiment with a full-page ad in the New York Times.
January 14, 2019 4:05 PM

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