The Path To Greatness
Bitcoin, as a distributed and open source type of money, is destined for greatness. Like any young prodigy, its abilities can be foreseen and its potential visualized by those with a certain clairvoyance in these matters. Bitcoin is a tiger pup, stretching its limbs and jumping about. It poses no threat to its brothers and sisters, nor to any other....
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From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current crisis. Why Everyone Wants a CBDC Now There is a lot of discussions in economic forums and reports in the financial press these days about central bank digital currencies (CBDCs) and how they can help with building a new post-Covid economy. Many countries in various regions are said to be....
Trade continued sideways today with the market looking undecided about direction. The Bitcoin price is $180 away from a clean decline bottom at the $200 price level. Sellers are all sold out, and buyers are apparently waiting for a sign from heaven. Update. This Update: October 2, 2014 at 4:40 pm UTC. The Bitstamp chart in the section Bitcoin Price Projections (below), features a red path and a blue path of price action. Positioning in the exchange orderbooks will make the blue path near impossible, with the price area between $330 and $360 containing over 10,000 BTC buy orders. If the....
With the Bitcoin price up, it is clear once again that those who called for Bitcoin's coming death were once again wrong. Well, well, well... So it seems the bitcoin price is once again attempting to climb the ladder to greatness. Following massive fluctuations that saw the price of the digital currency stumble well below $200 for a short while, the price of bitcoin has now risen up like the morning sun and is clinging onto the side of the mountain for dear life, currently sitting at a flat-lining $232. Of course, there are many out there that truly believe with every fiber of their being....
Electricity follows the path of least resistance. Apparently, so does blockchain adoption. The gaming industry has opened the door for many new technologies, providing a gentler learning curve and disguising some of the technical hurdles with fun and exciting gameplay. Looking at examples from early consoles and arcade cabinets to VR, to online communities, gaming […]
Bitmain announced today an upgrade path for existing Antminer S2 owners that will allow for an upgrade to 1.8 th/s or 2 th/s. Bitmain Announces 1.8 th/s to 2 th/s Upgrade Path for Antminer S2 Owners. Right now details are scarce, and many are speculating that it is either a firmware and PSU upgrade to new blades to replace existing ones. The time frame is looking like it will happen in under three months. Bitmain's official statement on BitcoinTalk was the following: A short, good news for the S2 buyer is that we will let the S2 to upgrade to 1.8TH/s or 2TH/s at very low cost which you can....