Another week, another new record price for Bitcoin, which is now $2480 on Coinbase. At this stage, long-time hodlers stare at each other bewildered, speculating on where it goes from here. Also read: 56 Companies Sign on to Bitcoin Scaling Agreement Conference, Agreement Boost Price There's probably a "conference boost" from this week's Consensus conference in New York … [Read more...] about Bitcoin Price Is Over $2,450 – Let That Sink In
Raoul Pal, well known global macro investor and founder of RealVisionTV, last week sold off his bitcoin holdings. He warned the fundamentals of cryptocurrencies have changed and that a popping bubble will precede big upheavals in the coming years. Also read: Altcoins, ICOs Just Don’t Work: BnkToTheFuture CEO Pal originally invested in bitcoin around the $200 USD mark, yet it … [Read more...] about Raoul Pal Ditches Bitcoin, Cites Diminishing Returns
Digital Currency Group's Bitcoin Scaling Agreement is back on track, with a total 56 companies from around the world signing on. Also read: Altcoins, ICOs Just Don’t Work: BnkToTheFuture CEO 83 Percent of Hashing Power, 20 Million Wallets According to a DCG post on Medium, the signees represent "56 companies located in 21 countries, 83.28 percent of hashing power, 5.1 … [Read more...] about 56 Companies Sign on to Bitcoin Scaling Agreement
A new compromise deal on Bitcoin scaling solutions has emerged from a meeting to debate options in New York City. However participants told Bitsonline there's still disagreement over the nature and wording of the agreement. Also read: Media Attitudes Towards Bitcoin Improving, but Still Focus on Price and Crime The deal is actually based on the original "SegWit2MB" … [Read more...] about New Scaling Deal: SegWit, 2MB Blocks Coming September 2017
The bitcoin price has now broken through the $2,000 USD barrier on Coinbase. It continues a series of price records and surprises for much of the cryptocurrency world. Also read: Jihan Wu: Bitmain Office Vandalized by Bitcoin Core ‘Storm Trooper’ Bitcoin Price New $2,000 Landmark At press time, the Coinbase price was around $2,033 and still rising. $2,000 represents a … [Read more...] about New Bitcoin Price Moonshot — $2,000 Now a Reality, What’s Next?