The price of Bitcoin appears to have leveled off just above $3000 and has held steady in the $3200-3400 range. Other crypto-currencies have leveled off as well after taking more or less the same percentage hit from their recent highs. At this price, the NY Post is reporting that mining Bitcoin is no longer profitable…
In the midst of a market crash and many critics predicting the death of Bitcoin and crypto-currencies in general, the analysis linked below has some more optimistic views. https://www.forbes.com/sites/greatspeculations/2018/12/07/bitcoin-looks-undervalued-despite-subdued-activity-levels-uncertain-growth-prospects/
To mark Bitcoin’s tenth anniversary, the article below has some interesting little-known facts about the Bitcoin system. https://www.scmp.com/magazines/style/tech-design/article/2176831/happy-10th-birthday-bitcoin-10-things-you-didnt-know
While we at bithaven.com continue to be bullish on crpyto-currencies both as a fundamental technology and as viable online currencies, a number of pundits are looking at the recent value crash as a sign that the bubble has burst and it’s inevitable that values will go to zero. The article linked below has some valid…
After several weeks of consistent declines, crypto-currencies across the board are showing a little bit of rebound. This may mean the market has corrected, or it may just be a dead-cat bounce on the way to the bottom. Still, as big a hit as Bitcoin and other currencies like Ethereum have taken in the market…
Crypto-currencies are designed to be resistant to attack, and blockchain technology is often seen as a way to deploy public ledgers securely, but are there ways to co-opt Bitcoin and blockchains? There are a few ways that might be feasible, and Bitcoin proponents would do well to study these thought experiments from a know-your-enemy standpoint.…
Bitcoin prices have plummeted over the last few days and other crypto-currencies have followed suit. As with any volatile financial vehicle, the question during a crash is always whether to buy or sell. There are famous stock traders who advise buying when there’s blood in the streets, even if the blood is your own, but…
Crypto-currencies prices have been falling, and analysts are wringing their hands trying to determine if the market has hit bottom. While some of the price drop was caused by things like the chaos around the Bitcoin Cash hard fork, other price drops in Bitcoin and Ethereum markets may be due to general consumer disinterest. Analysis…
The Swiss stock exchange has listed it’s first crypto-currency exchange traded product (ETP). Basically, this is a sort of mutual fund of crypto-currencies containing a balanced portfolio of Bitcoin, Ethereum, Litecoin and others. ETPs and ETFs (exchange traded funds) give investors ways to get into crypto-currency investing using a brokerage account they may already have…
Bitcoin Cash (BCH) which split from the Bitcoin blockchain, had its own split last week as two competing factions implemented different consensus rules. The two chains, ABC and SV, are competing on hash rate to determine who will be considered Bitcoin Cash going forward. At least one major mining group has thrown it’s weight to…