Bitcoin Price Prediction for 2017: 6 Major Events to Impact Bitcoin Value
The price of Bitcoin is difficult to predict as various factors impact the value of the digital currency. However, there are six major events that could lead to a surge in the price of Bitcoin in 2017. These include the activation of Segregated Witness, hereinafter Segwit, the release of Lightning Network and Tumblebit, approval of Bitcoin ETFs, the financial crash and economic instability. Segwit, Lightning, Tumblebit. Segwit, Lightning and Tumblebit are all scalability solutions initially introduced to facilitate larger amounts of transactions primarily to deal with the increasing user....
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Pantera Capital CEO Dan Morehead believes that propelled adoption will drive the Bitcoin price above $100,000 by August 2021. Dan Morehead, founder and CEO of Bitcoin (BTC) investment firm Pantera Capital, has maintained his bullish Bitcoin prediction for 2021.Bitcoin is poised to hit as much as $115,000 by August 2021, surging 200% in the next eight months, Morehead reportedly said at a conference call on Jan. 12. The exec initially made this prediction in August 2020, when Bitcoin was trading at about $11,600. At publishing time, the cryptocurrency is trading at over $38,000. On Tuesday,....
Aron van Ammers, Chief Technology Officer and Founder of BlockStars.io, continues his coverage of Ethereum Devcon1 with his recap of Day 4. Day four of Ethereum Devcon1 consisted of a showcase of the many different DApps that are being developed. A prediction market makes it possible to bet on the outcome of events. These could be the obvious sports events, but also political decisions or even the planning of a construction project. The concept of prediction markets has been researched for many years before the introduction of blockchains, and it turns out they can lead to very accurate....
The bitcoin and blockchain industry continues to grow, but as new people begin to take notice, they’re often greeted with the same tired talking points. As we head into 2017, some of those talking points should be left by the roadside entirely. Below, let's review the blockchain tropes that are not only hypocritical, but also unimportant to the greater goal of the technology. 1. To the moon. Bitwala tweeted a question that was posed to Eric Martindale and his response at this year’s Money2020. Is there any reason to still give lip service to outrageous predictions about the bitcoin price?....