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Bitcoin
Weekly-15
15th OCTOBER 2019 VITALIK STRIVING FOR MOST SECURE CHAIN This week, Ethereum co-founder Vitalik Buterin made a bold statement at Devcon 5 that after Ethereum transitions to Proof of Stake (PoS) “…the cost of a potential attack would make Ethereum the safer network of the two”, with bitcoin being the other. The switch from the...
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Weekly-12
24th SEPTEMBER 2019 HASHING IT OUT On 18th September, Blockchain.com reported Bitcoin’s network hashrate hit a record-breaking high of 102 quintillion hashes for the first time ever. Canadian crypto researcher and well-known analyst Kevin Rooke commented that, “Difficulty is projected to grow 60% this quarter, and it was already at an all-time high when Q2...
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Weekly-11
18th SEPTEMBER 2019 THE ALLURE OF A DOLLAR COST AVERAGE I’ve talked about dollar cost average approaches to investment plans before – which refers to assigning a fixed investment at a fixed interval over a long period. For example, $100 a week, every week for two years. This approach can work particularly well for those...
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Over the past 3 years Bitcoin miners have experienced a roller coaster of emotions when calculating profitability. The Bitcoin miners who performed the best were those who got in early during or before 2016 and were rightfully rewarded when the 2017 bull run came along. However those rewards did not come without major risks. The...
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A SLOW WEEK WITH NEW OPPORTUNITY The crypto market cooled down a bit this week. Bitcoin led the downturn by coming off the $14K USD high to retrace about 43% (down to $10K USD) over five days. With bitcoin’s impressive performance skyrocketing to a 170% increase over 58 days at its peak last week, don’t...
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Have you ever asked yourself why people in today’s day and age are so desperate to, “invest” their savings? The simple answer is inflation. Capitalism has installed in us that “inflation is healthy” as it, “helps the economy grow”. However, what people do not realise about inflation is it really just makes the rich get...
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Here is a non biased explanation of where Bitcoin price is at, and where Blockchains future resides. Firstly, it is important to understand that Bitcoin is young, and as a result the majority of its circulating supply is owned by a small minority of early adopters. In fact 20% of Bitcoin is held in less...
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Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called...
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Below is an interesting perspective from one of the members of the MiningStore Elite-Traders community. It makes some very interesting parallels between previous revolutionary markets and Bitcoin. Although it is a lengthy read, it is a great perspective on the market and where it is heading. Enjoy. An Architects Perspective: Prediction for Bitcoin Based on...
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Despite the cryptocurrency market losing a large percentage of its value over 2018, Coinbase reports they are still receiving 50k new sign-ups daily! What are all of these customers entering into a market that is falling for? Simple. They are getting ready to take a position once the bull market returns. Read the full article...
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