CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price declined an additional $30 today and is currently being supported at $357. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h00 UTC Bitfinex 4-Hour Chart From […] The post Bitcoin Price – How Low Can You Go? appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Forbes, 1/1/0001 12:00 AM PST In just a few weeks from now this February the first and potentially “last buyback” of fledgling cryptocurrency OBITS is expected to occur, whereby an anticipated dividend option will be possible to exercise on the world’s first decentralized financial trading platform, the BitShares 2.0 platform OpenLedger. But with an imminent fiat gateway development things are now poised for a further step up. |
Forbes, 1/1/0001 12:00 AM PST The ripples in space predicted by Einstein's relativity have some unique and unintuitive properties, including how fast they must move. |
CryptoCoins News, 1/1/0001 12:00 AM PST Looking to spend bitcoin on your travels? Your chances are much greater in the US. Seven of the top 11 cities with the most merchants that accept bitcoin are in the U.S., based on information from coinmap.org. San Francisco/San Jose leads the world with close to 200 merchants that accept bitcoin. CCN looked for the […] The post The Top 10 (11) Bitcoin-Friendly Cities appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Forbes, 1/1/0001 12:00 AM PST Disclosure: I own a small number of Bitcoin. Demonstrating that the value of a currency largely depends on people’s faith in it, the price of Bitcoin dropped 15% after Mike Hearn, a prominent Bitcoin developer, announced his departure from Bitcoin and declared that it “has failed.” He described his position in a lengthy blog post on Medium and, on the same day, The New York Times published an article telling the story of how he came to this breaking point. Both generated a lot of discussion in Bitcoin forums, and overnight, the price of the currency fell. Some in the community dismissed the events as “drama” and expressed confidence that Bitcoin’s core developers would break through the impasse that led to his disillusionment. In fact, earlier in the week, PayPal announced that it had named Wences Casares, the chief executive of Xapo, a prominent Bitcoin company, to its board, in a sign that the digital currency could be gaining more mainstream acceptance. “It’s unfortunate that Mike felt the need to take a dramatic exit in that way. I think it’s quite overblown,” said Ben Davenport, cofounder and chief technology officer of Bitcoin security company BitGo. “I have no reason to believe that this is not just another bump in the road for Bitcoin,” said Barry Silbert, founder and CEO of Digital Currency Group, a prominent investor and business incubator in the space. However, others were just as disenchanted as Hearn. Steve Sokolowski, the lead developer of a Prohashing, a Pennsylvania-based mining pool, said the problems with the Bitcoin network are “just as serious as portrayed it.” |