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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »

2019-6-4 19:03


Bitcoin [BTC] and Ethereum Classic can co-exist as ‘complimentary base layer systems,’ claims ETC developer

Smart Contracts, first developed on the Ethereum blockchain, have since gained popularity in several crypto assets’ primary networks. Blockstream recently announced that it was going to launch to a security token platform on the Bitcoin Sidechain and in the backend, the organization indicated that it would implement Bitcoin’s multi-signature smart contracts. дальше »

2019-5-30 14:30


Goldman-Sachs Backed Circle Blames ‘Restrictive’ US Laws for Layoffs

Bitcoin and crypto are rising, but Goldman Sachs-backed Circle laid off 10 percent of its workforce blaming a ‘restrictive’ regulatory climate. But is that just a smokescreen to mask Circle’s dwindling user base? SEC Bullish on Bitcoin, Bearish on Alts OK, so we may not call the SEC exactly ‘bullish’ on Bitcoin. дальше »

2019-5-22 14:00


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Bitfinex Scraps Its $10,000 Minimum Balance Rule

Bitfinex is now open to every trader as the Hong Kong-based cryptocurrency exchange has removed its $10,000 minimum balance rule. Citing a rising demand from retail traders who couldn't trade on the platform due to the requirement, Bitfinex CEO Jean-Louis van der Velde said the platform is now ready for a “new wave of customer accounts,” according to a company Medium post. дальше »

2019-4-11 21:50


Bitrefill offers Bitcoin [BTC] and other cryptocurrency payment options to purchase Airbnb and Ikea gift cards

Bitrefill recently launched a feature enabling crypto enthusiasts on its platform to purchase Airbnb and Ikea gift cards using Bitcoin, and other altcoins. The exchange platform posted, With the new roll-out, customers from Germany can purchase a 20 or 100 Euro gift card on Ikea’s website with Bitcoins. дальше »

2019-3-29 20:00


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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems. дальше »

2019-3-23 17:29


The Exchange War Continues as itBit Announces Maker Rebates for ETH and BCH Trading

The growing competition among crypto exchanges has opened the gates for various compensation and reward programmes to gain as much customer base as possible. itBit a NewYork based exchange has become first of its kind to announce make rebates on all its Bitcoin trades with immediate effect. itBit has been providing the trading rebates for […] дальше »

2019-3-17 19:00


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44