Tuesday, July 17Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Bitcoin’s Real 2018 Bottleneck

Bitcoin’s Real 2018 Bottleneck

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin's Real 2018 Bottleneck Ariel Deschapell is a full-stack javascript developer teaching at the Ironhack coding bootcamp, and a Henry Hazlitt fellow in Digital Development at the Foundation for Economic Education. The following article is an exclusive contribution to CoinDesk's 2017 in Review. After a year of explosive price growth, forks, failed forks and more, there is much that can be said about bitcoin in 2017. Massive strides were taken, and much has been learned. However, as we push further into uncharted waters, what happens from this point onward continues to be just as divisive a topic as ever. Underlying both much of the year’s drama and continued future uncertainty is a simple question: Can bitcoin scale as it c
2018 Prediction: TenX Co-Founder Sees More Shocking Highs And Lows For Bitcoin

2018 Prediction: TenX Co-Founder Sees More Shocking Highs And Lows For Bitcoin

BITCOIN
Please share if you find this article interesting. 2018 Prediction: TenX Co-Founder Sees More Shocking Highs And Lows For Bitcoin The final two months of 2017 have proved that Bitcoin is synonymous with volatility, although the top cryptocurrency’s resilience has also shown through. An eight-week bull run culminated in a $20,000 high a little over a week ago, before the market capitalization quickly corrected by as much as $8,000 on different exchanges around the world on Saturday. Speaking to CNBC, Dr. Julian Hosp, co-founder of fintech company TenX, predicted that Bitcoin would see even higher peaks and lower dips in the next year, stating: “I think we're going to see Bitcoin hitting the $60,000 mark, but I also think we're going to see Bitcoin hitting the $5,000 mark. The que
Editable Blockchains? Mining Futures? 2017 Saw Crypto Patents Pile Up

Editable Blockchains? Mining Futures? 2017 Saw Crypto Patents Pile Up

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Editable Blockchains? Mining Futures? 2017 Saw Crypto Patents Pile Up The past 12 months have seen a range of patent applications focused on cryptocurrency or blockchain applications, including some from notable firms such as banking giant Bank of America and credit scoring giant FICO. In sum, the flow of patent filings witnessed in the last year demonstrates that some of these major businesses are seriously weighing how the tech could change how they operate – or, at the very least, serve as a basis for new intellectual property. Below, we look at some of the more notable (and proposed) uses of the technology from the past year, from the controversial rewriteable blockchain to a proposed system for exchanging cryptocurrencies fr
Charles Schwab Chief Strategist: Bitcoin’s Bubble Is ‘Something Different’

Charles Schwab Chief Strategist: Bitcoin’s Bubble Is ‘Something Different’

BITCOIN
Please share if you find this article interesting. Charles Schwab Chief Strategist: Bitcoin’s Bubble Is ‘Something Different’ Then asked if he thought Bitcoin was in fact a bubble, Chief Strategist of investment giant Charles Schwab, Jeffrey Kleintop, focused on Bitcoin’s uniqueness in the global economy. In an interview with Business Insider today, Kleintop said Bitcoin was “kind of its own thing” and hard to predict due to its “independence.” Bitcoin has defied recent doom-mongering from mainstream news and investment sources, already starting to reverse losses seen last week when prices fell from to under $13,000. Less than a week before the correction, Bitcoin hit over $20,000 a coin. Despite bubble-like behavior remaining a common narrative among analysts discussing Bitcoin,
Blockchain Revolution for Luxury Industry – Counterfeit Exposed

Blockchain Revolution for Luxury Industry – Counterfeit Exposed

BITCOIN
Please share if you find this article interesting. Blockchain Revolution for Luxury Industry - Counterfeit Exposed The day is not far when you’ll be able to simply take out your phone and check whether the product you have on hand is genuine or not. Cointelegraph got a chance to speak with Jérôme Grillères, CEO of VeChain, at BlockShow Asia 2017 about his vision of the luxury market. Jérôme worked at Barclays and Goldman Sachs for more than 12 years. With the help of his experience and the team at VeChain, he wants people to identify counterfeit products just by using an app on their phones. CT: Please tell us how you got involved in the world of cryptocurrencies. JG: I started my career in the IT industry, then moved to finance and after a few years I met someone who was passion
A Central Bank Cryptocurrency? Not in 2018

A Central Bank Cryptocurrency? Not in 2018

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. A Central Bank Cryptocurrency? Not in 2018 JP Koning is an avid blogger covering monetary economics and the history of money on his blog Moneyness.  The following article is an exclusive contribution to CoinDesk's 2017 in Review. Central banks may be the 800-pound gorillas of the financial universe, but they have largely kept their hands off of bitcoin and other cryptocurrencies, preferring to monitor developments from a distance. Will that change in 2018? Some have speculated that 2018 will be the year that central banks start to add bitcoins to their balance sheets. I don't think so. Here's why: Your average bitcoin buyer has dramatically different goals from your average central banker. Bitcoin buyers want to earn 10,000 per
Hard Fork, Take Two: SegWit2x Will Return Dec. 28, Says Founder

Hard Fork, Take Two: SegWit2x Will Return Dec. 28, Says Founder

BITCOIN
Please share if you find this article interesting. Hard Fork, Take Two: SegWit2x Will Return Dec. 28, Says Founder The controversial SegWit2x Bitcoin (BTC) hard fork will go ahead on Dec. 28, according to the project’s official website. The SegWit2x project, which caused months of debate and infighting among the Bitcoin community prior to its last-minute cancellation in November, now says it will fork off at block 501451, due in around two days’ time. The project’s Founder and Lead Developer, Jaap Terlouw, stated on their site that the fork aims to address issues of “commission and transaction speed within the Bitcoin network,” adding that currently, Bitcoin is “almost impossible to use as a means of payment.” Confirmation that the hard fork will, in fact, take place is indicated
Blockchain Will Make Loyalty Programs Actually Work, Says Orioncoin CEO

Blockchain Will Make Loyalty Programs Actually Work, Says Orioncoin CEO

BITCOIN
Please share if you find this article interesting. Blockchain Will Make Loyalty Programs Actually Work, Says Orioncoin CEO At BlockShow Asia just last month, Orioncoin’s CEO Woanjen Tang unveiled preparations for a new Blockchain platform that addresses complexities in conventional loyalty programs, while at the same time offering enhanced liquidity and accessibility in the crypto space. There are a number of reasons why conventionally designed loyalty rewards programs don’t work well, including a lack of intrinsic or perceived value, a lack of transparency, and a difficulty in transfer. The result is ineffectiveness -- loyalty programs and rewards points often are left unused by consumers, who find it difficult or not worth it to figure out where and how points can be used. In a
Bitcoin Destined For $28,000 In 2018 – Moas

Bitcoin Destined For $28,000 In 2018 – Moas

BITCOIN
Please share if you find this article interesting. Bitcoin Destined For $28,000 In 2018 - Moas If it hadn’t been for a massive price correction in the week leading up to Christmas, another big price prediction for Bitcoin in 2018 wouldn’t be hard to believe. However, Bitcoin and other cryptocurrencies saw big drops in market capitalization due to a number of factors and lofty predictions seemed unfathomable in the wake of a massive drop in value. Considering that the markets have now consolidated and the likes of Bitcoin and Ethereum have recovered well - it’s fitting that we revisit some targets set by the likes of Moas, who has delivered some reliable, well-informed valuations in 2017. Speaking to Cointelegraph last week in an exclusive profile interview, Moas explained why he
Price Analysis, Dec. 26: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash

Price Analysis, Dec. 26: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash

BITCOIN
Please share if you find this article interesting. Price Analysis, Dec. 26: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. Even after the massive correction last week, Bitcoin is likely to end 2017 with huge gains. However, the big question is whether Bitcoin can continue its scintillating run in 2018. While there is no definite answer, most believe that the current correction is a buying opportunity as the bull run is likely to extend next year. Cryptocurrency Entrepreneur Julian Hosp expects Bitcoin to reach $60,000...