What Affects the Bitcoin Price?
The Bitcoin price is the monetary cost of a bitcoin. The term "price", as used here, is not to be confused with "value" which is a perceived regard for Bitcoin's benefits and usefulness. The Bitcoin price is expressed as an exchange rate in relation to another currency. So, for example, the Bitcoin-to-Dollar exchange rate may be $1,750 for one bitcoin, written as $1,750 BTC/USD. By design, a total of 21 million Bitcoins will be created over 100 years according to a logarithmic release function. At the time of writing, just over 13 million bitcoins are in circulation, meaning that an....
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The quest of promoting "freedom of money" has brought one Bitcoin enthusiast to the verge of joining politics. D Alex Millar, a former high school teacher and an experienced software engineer, has decided to run for Canada's upcoming federal elections as an independent candidate for Vancouver East. In his article-cum-manifesto published on straight.com, the aspiring politician discussed the issues related to the current monetary system; and how a decentralized digital currency like Bitcoin could circumvent them all. "The way money is created affects jobs and the economy," Miller stated.....
Yesterday, December 29, the price of Bitcoin moved to $430. Against the low liquidity on the market, investors are cautious and waiting for better conditions to make deals. Obviously, investors agreed that the parity price of Bitcoin will remain at $440 until the end of the week and the year. Vishal Gupta, the Founder of Bitcoin Alliance India, CEO at SearchTrade, and Director at Moving Trumpet, agrees with this statement. Speaking about the Bitcoin price he said that the price will hover between $410 and $440 till the end of the weekend. Today, December 30, we expect low volatility and a....
Bugs are a normal part of software, but on ethereum, they may be uniquely hazardous. That may be the takeaway from an ethereum programming language bug found this week that affects a specific style of smart contract and, because of how ethereum works (it promises applications will run exactly as programmed), most of the contracts affected can't be taken down or changed. In short, owners of decentralized smart contracts (those that aren't able to be upgraded by one owner) can't do anything to fix the bug. Two days after the bug report was issued, developers rolled out a fix in Solidity....
The United States Federal Communications Commission (FCC) recently voted to end "net neutrality," which will allow internet service providers to charge fees for faster connection speeds. Many have decried this decision, although it is still unclear what ultimate effect this will have on the internet service industry. In the meantime, many cryptocurrency enthusiasts-especially those considering an investment in mining equipment-wonder how this decision will affect them. CCN obtained an exclusive interview with the CEO of a prominent mining hardware company to tackle this important issue.....
With the rise of NFT’s and alternate cryptocurrencies, meme coins such as Dogecoin (DOGE), Shibu Inu coin (SHIB), and Mona coin (MONA) are becoming increasingly popular. Traders can find all the major meme coins here. But, what is the future of meme coins and what affects their market price? In short, the future price of […]