Monthly Archives: October 2017

Calm Before the Fork – Segwit2x Goes Silent as Bitcoin Split Looms

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Calm Before the Fork – Segwit2x Goes Silent as Bitcoin Split Looms "It's sort of like the quiet tension before a battle." That's how Jean-Pierre Rupp, a developer at bitcoin wallet provider Blockchain, described the current state of Segwit2x development. With the code labeled "production ready," and the work of contributors like Rupp nearly complete, … Continue reading Calm Before the Fork – Segwit2x Goes Silent as Bitcoin Split Looms →

Goldman Sachs CEO Lloyd Blankfein Latest Exec to Flirt with Bitcoin

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Goldman Sachs CEO Lloyd Blankfein Latest Exec to Flirt with Bitcoin Lloyd Blankfein, CEO of Goldman Sachs, cozies up to bitcoin, albeit hesitantly. He’s following a global corporate trend. As its price rises, and bitcoin’s resiliency to regulation rumors and clampdown steady, it’s not hard to imagine more converts on the way.   Consigliere to … Continue reading Goldman Sachs CEO Lloyd Blankfein Latest Exec to Flirt with Bitcoin →

Analysis of Bitcoin, Ethereum, and Litecoin

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Analysis of Bitcoin, Ethereum, and Litecoin * All the market data is provided by the HitBTC exchange.   The cryptocurrency universe is showing nervousness at the current levels, having recovered anywhere between 50% to 78% of the fall. After having sucked in the eager bulls at lower levels, is a retest of the lows on … Continue reading Analysis of Bitcoin, Ethereum, and Litecoin →

Bitcoin: $6,000 and Beyond?

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Bitcoin: $6,000 and Beyond? Bitcoin will quickly rise to $6,000 and you’re all foolish for thinking otherwise. At least, that’s what industry experts are saying. Of course, they added one important caveat: expect volatility to continue. Bullish on Bitcoin The cryptocurrency community has fallen on hard times as of late, but that hasn’t stopped the … Continue reading Bitcoin: $6,000 and Beyond? →

IMF Head – Cryptocurrency Could Be the Future. Really.

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IMF Head – Cryptocurrency Could Be the Future. Really. Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are a new class of digital assets powered … Continue reading IMF Head – Cryptocurrency Could Be the Future. Really. →

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech

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Chinese money dominates bitcoin, now its companies are gunning for blockchain tech Beijing, China It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering … Continue reading Chinese money dominates bitcoin, now its companies are gunning for blockchain tech →

Will bitcoin ever be a safe investment or always a gamble

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Will bitcoin ever be a safe investment or always a gamble? The boss of JP Morgan was unequivocal about bitcoin at a recent conference in New York: the digital currency was only fit for drug dealers and would eventually blow up. “[It] isn’t going to work,” said Jamie Dimon. “You can’t have a business where … Continue reading Will bitcoin ever be a safe investment or always a gamble →