A look at the reasons behind the recent spectacular surge in bitcoin prices.
Why bitcoin prices are rising -- way more than a bitAnd while many questions persist regarding scalability and the block size, advancement in technology will continue unabated.Imagine an open source currency with a digital life and no real nation behind it.The new uptrend is steady and continued to push the price to higher.While Bitcoin is currently trading at close to its all-time high, its dominance in terms of proportion of total cryptocurrency market cap is rapidly decreasing.
While falling oil prices led to inflationary spikes in Venezuela, Nigeria, Russia and many other nations.
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Bitcoin is rising in value but losing momentum with users
Bitcoin: Why You Should Buy and Stay Away from theWhen hackers recently threatened to release an unnamed Disney film unless they received a payoff, they asked for the ransom in bitcoin.
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The skyrocketing prices of bitcoins should not come as a surprise to those familiar with the concept of crypto currency.For many, the Bitcoin price is the most important, if not the only indicator of how the cryptocurrency is doing.The authorities there engaged in what appeared to be intentional devaluation of the Yuan, creating a flight to safety with many Chinese investors sending their money off-shore.
Posts about why is bitcoin cash rising written by Jack Shorebird.The price has reached record highs, with one bitcoin worth more than one ounce of gold for the first time.After hitting a six-month low just last Friday, the Bitcoin price is rising today as events in China are not quite as scary as people thought.The reality is bitcoin is too slow compared to visa or debit cards, and transaction fees are rising.Many investors had been expecting the cryptocoin to start depreciating following the activation of the bitcoin cash hard fork. and now seems to be rising.
How Bitcoin rose from the dead - The Daily DotWith Bitcoin prices literally trading in uncharted territory, investors are left to wonder how high BTC can go and what will happen next.
The ascent of Bitcoin and Ethereum has been spectacular to say the least.Click here to view original web page at seekingalpha.com Summary.
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As it happened, the SEC rejected it at the very last minute, causing another price crash of sorts during the second wave as can be seen in the chart above.This is because the Chinese are not only known for buying gold —.
Bitcoin is used to buy other cryptocurrencies, which increases.Many are looking at recent Bitcoin price increases and are looking for a cause-and-effect.The Price of Bitcoin May Be Rising Because of This One Factor Citrix Systems CEO Kirill Tatarinov discusses what some companies are doing as a preemptive strike.