Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. On October 31, 2008 bitcoin was born — and in the past ten years has evolved from an anti-establishment hobby among coders to a household name on […]
BitCoin Turns 10 Years Old – from NOTHING to BILLIONS Read More »
Tim Draper is a founding partner of Draper Associates and headmaster at Draper University. Something important happened with the failure of Mt. Gox. The price of bitcoin only dropped about 20 percent, and the currency continued to be traded on other exchanges. I was flabbergasted and fascinated. I realized that the demand for this new
Bitcoin’s resilience Read More »
Pineapple Fund, a Bitcoin-only charity, has promised to match up to $4 mln in donations to a non-profit for MDMA-based PTSD research. The non-profit leading the research, the Multidisciplinary Association for Psychedelic Studies (MAPS), is seeking $25 mln in donations for Phase 3 of their drug trials. MAPS hopes to use MDMA-assisted psychotherapy as an effective treatment for
Bitcoin Charity to Pledge $4 Million Read More »
Developed by Vitalik Buterin, Ethereum is a public, open-sourced Blockchain-based platform developed that features smart contracts. It would be wrong to define Ethereum as a cryptocurrency or confuse it with Ether, a cryptocurrency part of Ethereum system. Ethereum was created as a platform that has the ability for users to build programs without the involvement
Stablecoins minted by large companies such as Facebook could significantly disrupt the payment and crypto industry worldwide, the study concludes.
FACEBOOK COIN COULD DRIVE A ‘MASS-ADOPTION’ OF CRYPTO CURRENCY Read More »
An Irish drug dealer learned the hard way what every bitcoin investor knows: never lose your codes.
Drug Dealer Loses $60 Million in Bitcoin When Landlord Tosses BTC Codes Read More »
[corner-ad id=”1″] The price of bitcoin cash rose more than 11 percent on Tuesday, pushing its price to a new two-month high. Market data shows that the cryptocurrency’s price has risen 30 percent since Sunday, and is currently trading at roughly $623. Bitcoin cash is the fourth-largest cryptocurrency by market capitalization, CoinMarketCap data shows. The price of BCH
Bitcoin Cash Price Climbs 11% to Hit 2-Month High Read More »
Oct. 8, 2018 10:51 AM ET It is possible to identify a theoretical price ceiling for Bitcoin simply by measuring the maximum throughput of the network. The soft limit and the hard limit differ, but each tells a similar story. By comparing the price today to the theoretical maximum price, we can limit downside exposure.
Bitcoin’s Theoretical Price Ceiling Is Now $100k Per Coin Read More »
Initiative Q is not, in any way, a cryptocurrency. But it might just be the new Bitcoin. In just four months, the ‘payment system of the future’ has built a network of nearly three million adopters by offering ever-decreasing sums of their future currency in exchange for an e-mail address. Despite attracting over 100,000 new users each day,
Initiative Q | The Next BitCoin? Read More »
Back in August 2014, I discovered that the bitcoin mining industry had the industrial structure of a natural monopoly. A natural monopoly is a market in which production is most efficient with a single producer. This discovery came as a shock, but the implication was clear: Bitcoin could not survive in the long run. As
BitCoin WILL Still Fail Read More »
