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News — bitcoin price chart

In The Ashes of Financial Ruin: Cypherpunks and the Birth of Bitcoin

Posted by James Underhill on

September 29, 2008. It was a clear morning in New York City. However, the weather didn’t reflect the mood. By the end of the day the Dow Jones Industrial Average plummeted 778 points, representing the largest point drop in history. It prompted one of the most profound global recessions in recent times. Is it a coincidence that only a few weeks later in October, Satoshi Nakamoto released the now famous whitepaper: Bitcoin: A Peer-to-Peer Electronic Cash System. When we reflect on 2008 it seems likely that the crash, triggered by the housing bubble, was the impetus for creating a trust-less financial...

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What is a Death Cross and why is everyone freaking out?

Posted by Taras Lanchev on

The price of Bitcoin is falling and this can only mean one thing - FUD. During these difficult times of Fear, Uncertainty and Doubt, Bitcoin investors turn to the only oracle out there who can calm their worst fears - the chart analyst. Will Bitcoin rise or will it fall? There is a huge industry of "TA specialists" also known as gurus, mentors, masterminds or oracles who reside on Twitter or in closed Facebook groups where they regularly post their predictions about the price of Bitcoin and other cryptos. Their weapons include charts which show historical ups and downs of the...

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Does anyone still care about Bitcoin?

Posted by Taras Lanchev on

There are 4 things Google doesn't allow to advertise on their platform: Counterfeit goods. Dangerous products or services, like recreational drugs, weapons, ammunition, explosives and fireworks, and tobacco products. Anything that enables dishonest behavior, such as hacking software, services to artificially inflate web or ad traffic, fake documents or academic cheating. Inappropriate content, like hate speech or ads that use profane language (Source: https://support.google.com/adwordspolicy/answer/6008942?hl=en)   But as of June this year, they will add one more - crypto.   The ban is actually quite broad: “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency...

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Crypto Price Predictions 2018

Posted by Taras Lanchev on

Last year the price of Bitcoin went up by the factor of 20, but the recent pullback has brought the price down to $8,000. Experts of the Canadian firm Profit Confidential have looked into the matter to predict the price of crypto at the end of 2018. It is important to note that experts have taken 3 cryptos which they believe will survive in the future no matter what. The analysis was conducted using the macro-factors which influence the price. Bitcoin Profit Confidential mention SegWit as an important step which will make Bitcoin transactions faster and cheaper. They also state that the Lightning Network will play a huge role in...

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