Despite its price volatility, Bitcoin probably will make more millionaires. Panos Mourdoukoutas, chair of the department of economics at LIU Post in New York City, whose works are published by Forbes and The New York Times, thinks Bitcoin probably will turn more individuals into millionaires before its price dives again.
Friday, 23 June 2017
Monday, 19 June 2017
Vinny Lingham has delivered an amount of reason to Bitcoin's price moon gazers, noting the odds of a ₦364 Mln ($1 Mln) valuation are only 0.25%.
In a tweet Sunday, Lingham, who's noted for his level-headed appraisals of Bitcoin's price performance, agreed with comments from Present CEO Naval Ravikant that “fundamental analysis is impossible” for the virtual currency today.
Friday, 16 June 2017
Tuesday, 13 June 2017
Coinbase, one of the most popular ways to buy and sell popular cryptocurrencies such as Bitcoin, ethereum and litecoin experienced an outage Monday. For several hours, buyers and sellers were met with a screen that read, “service unavailable.”
Sunday, 11 June 2017
Friday, 9 June 2017
Following a crash of well-known cryptocurrency exchange company Coinbase, other cryptocurrencies such as for example Ethereum and Bitcoin have reacted to the events accordingly.
With the technical problems that Coinbase have now been encountering using their system, existing users have now been panic selling to be able to escape the maximum amount of money while they can. This, consequently, has additionally affected other cryptocurrencies and pushed them to reduction in value as folks are massively selling as a result.
Tuesday, 6 June 2017
Josh Althauser is a tech entrepreneur and open source advocate focusing on providing mentorship for startups due to their marketing technology. You could interact with him on Twitter.
Bitcoin's value is soaring. Over recent months, the cryptocurrency has hit record highs. In early May, the open-source digital currency ballooned to almost ₦1.14 Mln ()$3,000 a coin. Last May, one coin fetched only ₦171K ($450). Certainly not this growth an immediate trend. Bitcoin's value has been steadily increasing since its inception in 2008, nearly ten years ago. Still, many remain hesitant to invest.