Guest post by Andrea Bianconi PART II In Part I of this article I have looked into Bitcoin´s price action and compared it to Gold’s price action in the ´70s. (1 and 2). But there is a lot more behind its price action. I said also that it looks like “the people´s revolt against this elitist…

Guest post by Andrea Bianconi PART I For most mainstream media and financial commentators Bitcoin is “just a bubble”. Sure, despite most of them knowing very little about it, suffice to look at its parabolic chart and it is clear that it is like the Dutch Tulip bubble in 1636, just another mania.…

It is not just Bitcoin that has experienced a great surge in price. Although not on the same scale as Bitcoin, Dash cryptocurrency is running all time highs, with it quickly approaching $730USD. Dash investors have experienced somewhat of a roller coaster over the last couple of weeks. Despite a lot…

It is no secret now that Bitcoin had a huge surge in price last week. This news has split the experts, with some investors being left really excited about the news, and others feeling incredibly nervous and unsure what this means for the future of Bitcoins. According to a report in Bloomberg…

Some may remember that earlier this year, Iran signed an agreement with Russia under which it has broken free from the petrodollar, whereby it would “sell” or more precisely barter crude oil to Russia in exchange for products. The headline is indeed worth paying attention to, after all commodity…

2017 will be remembered by some as the year of Bitcoin. A spectacular last 12 months has seen the cryptocurrency increase in value twentyfold. In January, Bitcoin was worth just $1,000. Last week, the price of Bitcoin rose above $20,000. Now worth $300 billion, the Bitcoin market is now double the…

The managing partner of Funstradt and bitcoin bull Thomas Lee has identified stocks that could gain on the back of Bitcoin price rises, transaction activity and Bitcoin mining. According to Lee, holding an equal-weighted basket of these stocks will offer a 135% return. Although some of these stocks…

I have taken an interest in EOS since it was first conceived. I like the concept of potentially having a blockchain that can process transactions a million times a second. It has to be the future for blockchain to go to the next level in its evolution. To understand how big this could be, Bitcoin…

This move could enable Russia to give up using the US dollar to trade crude oil, using crypto currencies instead. The US sanctions have damaged Russia’s oil trade in a devastating fashion, as oil is usually traded in the US dollar format. This is where cryptocurrencies such as the bitcoin could…

Do you ever wish you could get up when you wanted, go for a round of golf and never listen to a moron boss ever again. Well this might just be up your street. Now I know I will receive plenty of negative comments about this but I have done the figures and worked out just 100% increase per year is…

Last week Bitcoin hit record highs, filling headlines everywhere. However; the high price might not be what it seems, thanks to the growing price gap on exchanges. On Thursday, Bitcoin traded above $19,000 on the GDAX exchange, run by Coinbase, but on other platforms, it was trading at $15,000. This…

Why the recent move? Many have speculated, including the author, that the futures market has been given a seal of approval by Bitcoin which has caused a parabolic rise in price. The question is what happens next? December 17-18 The CME and CBOE plan to launch futures on or around December 18.…

Many have questioned the rally by crypto assets this year, the media and much of the financial community remained sceptical and compared the monumental growth in values to past market bubbles, and in some cases to ponzi schemes. Main street remained defiant and defended the legitimacy of coins with…

Feliz de sumarme al proyecto de @SirinLabs y su blockchain /// Excited about blockchain and happy to join @SirinLabs as a partner A post shared by Leo Messi (@leomessi) on Dec 7, 2017 at 6:26am PST Earlier this week, the bitcoin price went up to $17,000 and has fallen to just above $15,000 at the…

In the third quarter of 2017, ICOs raised more than $1.3billion for crypto ventures, which is five times more than the funding raised through venture capital in blockchain space. Public interest in ICOs has grown considerably in recent months, and thanks to esoteric terminology and a lax regulatory…

Wall Street banks are warning about the dangers of Bitcoin futures. The Futures Industry Association, which represents the big banks and brokers warned about the risks of trading Bitcoin futures contracts that have not been properly studied. They released an open letter the US Commodity Futures…

Bitcoin has been predicted to rise to $1million within three years. It has become the most sought after and talked about cryptocurrency across the whole word; however, could a little known cryptocurrency be about to take over Bitcoins title? IOTA has risen by 1,000 percent in just one month, making…

The Australian securities exchange also known as the ASX is ready to switch it’s clearing system CHESS software to the more futuristic Blockchain platform in 2018. The ASX is the worlds first exchange to adopt the amazing new technology. The main aim of this new system, is to make it faster for…

Ever since Bitcoin was started, it has caused a divided opinion between both professionals and those interested in the financial district. So, what is more useful, the internet or Bitcoin? One popular decision is that the internet could actually solve real problems, whereas Bitcoin, and…

Sponsored by A couple have gone for an unusual way of making money for their future, by investing more than $100,000 into Bitcoin mining, purchasing the machines, electricity and the space to create more of the digital currency. The entrepreneurial couple have tried unusual money making decisions in…

From today, the 6 th December 2017, it has been confirmed that Steam will no longer accept Bitcoin as a payment method. This is due to the high fees and volatility that is associated with Bitcoin. In a statement released by Steam, they state; “in the past few months we’ve seen an increase in the…

The threat of DDoS attacks is a big worry for cryptocurrency exchanges, especially for Bitcoin, who has seen its price continue to soar, recently hitting a new high of $12,000. More and more people are trying to get their hands on this lucrative cryptocurrency whilst the price is so good, which has…

Youtube competitor Viuly is pleased to announce the airdrop of 458 000 000 tokens to over 960 000 Ethereum holders is now complete, with the decentralized blockchain video platform viuly.io scheduled to connect to the mainnet on December 15th. Tallin Estonia, 4th December 2017 — Blockchain based…

Everyone can be a stakeholder ZEN is a new app that lets teenage fans of pop culture share short videos and chat with their peers, it’s a new type of social media business that empowers users instead of exploiting them. By sharing great videos and building an audience on ZEN, users can potentially…

Blockchain & Bitcoin Conference Malta to discuss cryptocurrency regulation and national blockchain policy On December 7, Malta (St Julian’s) will feature Blockchain & Bitcoin Conference, an event on blockchain and cryptocurrencies, organized by Smile-Expo. Representatives of business, government and…

If you had to imagine all the uses for the Ethereum blockchain, it’s a safe bet to say you wouldn’t have come up with a game based on collecting digital cats. Further to that, even if you had come up with that kind of idea, it is probable that many would not have deemed it a big money-making scheme.…

Parity Technologies CEO and co-founder Gavin Woods has responded to questions over the $150 million in frozen Ethereum the company currently holds. Speaking with co-founder Jutta Steiner at the TechCrunch Disrupt Berlin conference, they both fielded queries on the issue from the assembled audience.…

The full history of how Bitcoin came to be. Brought to you by Cryptodaily https://www.cryptodaily.co.uk Facebook - https://www.facebook.com/officialcryp ... Twitter- https://twitter.com/cryptodailyuk?lan ... Instagram - https://www.instagram.com/cryptodailyuk/ Subreddit -…

The democratic ideal of rule by the people is coming full circle. The direct democracy of 5th century BC Athens–the world’s first–was an anomaly that nonetheless had a seminal effect on geopolitical development, despite its short lifespan of about a hundred years. Many have cooked up napkin…

Bitcoin has enjoyed a spectacular surge in both popularity and value over the last year, and it seems now to be getting a foothold in the world of fast food. In February, a Burger King restaurant in the city centre of Arnhem decided to start accepting Bitcoin, and not only that, give customers a…

In what was probably the most exciting value-surge in living memory, Sunday’s rise in Bitcoin prices saw the cryptocurrency peak at an all-time high of over $11,800. Just four years earlier, Bitcoin was worth $12 and frequently dismissed as another internet fad. But Bitcoin and other…

We’ve all had that sinking feeling when a valuable receipt has been thrown out or a £10 note has gone into the wash inside a trouser pocket. If you think that was bad, then the story of how a Welsh IT worker accidentally threw away $75 million of Bitcoin will blow you away! Hard-drive binned by…

If there are two massive and well known names associated with Bitcoin, it is the Winklevoss twins – Tyler and Cameron. The former Olympic rowers have recently become the first Bitcoin billionaires and this has led to even more positive news for the cryptocurrency. Not only will it give financial…

Nobel Prize winner Joseph Stiglitz has made a statement that will be widely lauded and criticised by the parties on each side of the Bitcoin fence. He said that the cryptocurrency should be banned, based on analysis that claims the market is mainly driven by Bitcoin’s potential to upend certain…

A recent report on money laundering has revealed that between April and October 2017, 170 cases of cryptocurrency laundering were reported to police in Japan. This follows the introduction of the new cryptocurrency regulations in April, which require all cryptocurrency exchange operators to report…

Bitfinex, the largest cryptocurrency exchange, and Tether, which issues dollar-pledged cryptocurrency, have finally broken their silence. A spokesperson for both companies yesterday blamed “questionable actors” for causing doubts about them. He expressed the commitment of Bitfinex to being the “most…

Bitcoin has been one of the huge talking points of the last couple of years, and is a topic of debate between famous faces. Some say to stay well clear, and some put faith in that bitcoin will change how currency is used in this modern day. Below is a list of famous faces that believed in Bitcoin:…

In recent cryptocurrency news, African countries have welcomed ICO investments. It would seem that many with an interest in the countries that make up this fantastic continent hope ICOs can provide a platform for Blockchain based start-ups to flourish. Bitcoin is out of reach for the ordinary…

Digital currency exchanges in India claim that investment in Bitcoin has increased significantly in recent weeks, as the cryptocurrency surpasses the $11,000 mark on November 29. This unprecedented rise in interest from Indian investors happens despite rumours that the Indian central bank may soon…

The price of Bitcoin Gold continues its bearish trend, still below $320. It continues to hold $250, but the risk of further declines is still prominent. There seems to be no reprieve for the Bitcoin Gold price, which has plummeted recently close to the $250 support area. Its recent low was recorded…