Why an ETF is a Bad Idea for Bitcoin
Winklevoss ETF has come and gone, it was not approved. At the incident of the announcement of non-approval, Bitcoin price collapsed from $1,350 to $980 within a very short time. Several hours later, Bitcoin price has been seen to be on a steady recovery and trades at $1,230 at the time of writing. Jeremy Epstein, CEO at Never Stop Marketing, says: “This is a pothole in the road, to be sure. The decentralized asset world has to slow down and adjust, but the momentum that Bitcoin and altcoins have is past the tipping point.” Expectations were high in certain quarters before the SEC....
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Idea.me, a regional crowdfunding platform in South America, has embraced bitcoin payments. Although the platform uses a Montenegrin domain, it's an Argentinean outfit currently available in seven South American countries. In fact, Idea.me is the only regional crowdfunding platform in South America, according to TechCrunch. So far, the company has managed to raise $750,000 and it hopes to raise a further $2.4m in Series A funding next March. To date, the platform has funded over 450 projects using an estimated $2m. Idea.me recently added bitcoin as an alternative to more traditional payment....
The term “ecosystem” flies on the radar within the blockchain and business development industries nowadays. There must be a great need for a productive, digital, and self-sustaining environment with all the essential ingredients for investing, business development, and career growth. Ideaology saw the need for such a platform and developed the Active IDEA platform. A […]
Ethereum went live on June 30, 2015, arguably having become the largest news in crypto since the advent of Bitcoin. But when its idea was born and who are its founding fathers? The birth of the idea. When was the idea of Ethereum born? Some say it happened in 2009, with the appearance of Bitcoin as the first ever practical solution of decentralization. There is no doubt that seeing Blockchain succeed in the form of a payment protocol has had a great influence on Vitalik Buterin, the creator of Ethereum. However, a more particular date would be 2012. That year, Buterin left the University....
There is a new idea out there, proposed by Shawn Wilkinson, Tome Boshevski & Josh Brandof, that if you have unused disk space on your HD that you should rent it out. It is a great idea and the concept may have a whole range of implementations. Let us take a closer look at what the 3 visionaries are exactly saying. The 3 guys describe their endeavor in the “white paper” as such: The theory behind the idea of “to rent out your unused HD space” is solid as a rock. However there are some real life problems cropping up with this strategy. The persecution of illegal downloads that certain....
Stablecoins are a new idea that is being advanced by some people in the cryptocurrency community. A stablecoin is a digital currency with a flexible supply. The idea behind such a coin is simple: we create a cryptocurrency that uses some kind of metric to track demand for the coin, which will trigger an automatic increase or decrease in the coin’s supply. This is supposed to keep the purchasing power of the currency stable — hence the term “stablecoin.” The motivation behind the idea of a stablecoin is the belief that low purchasing power volatility will be the main driver behind....