Stocks Don’t Truly Discover Price, Bitcoin Fixes This
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” Phillip Fisher Bitcoin could care less about its vertical positioning on a chart. But, as emotional monkeys with too much brain for our own good, we get attached to the movements of price. Up and down, back and forth, oscillating like many naturally occurring phenomena, price is supposed to be an equilibrium. As we have gotten used to utilizing equities, real estate and other assets for storage of value, we have begun to necessitate that they must go up in price. Indeed, if....
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Bitcoin has become quite important over the years. It is arguably the most popular digital currency in the world, and is globally accepted by both corporations and even governments as a payment method or form of data-storing technology (blockchain). But could the day come when bitcoin is considered more important than stocks? It’s already beaten gold according to the Winklevoss Twins and other financial experts, but stocks are in a category all their own. Several magnates still see stocks and bonds as primary ways to stream income directly into one’s future despite the volatility they can....
Bitcoin's eighth birthday was marked by a new software update. Though all eyes may have been on the escalating price, Tuesday's software upgrade (to version 0.13.2) is the latest of many "minor version releases" published by the volunteer developer group known popularly as Bitcoin Core. It might not be as big of a release as say, 0.13.0, but it rounds up a number of bug and performance fixes, including an upgrade that will allow the built-in wallet to react to memory pool (mempool) changes more appropriately. Other improvements include increased block relay speed on the network....
Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&P 500. “On average, these stocks have dramatically outperformed the S&P 500 during the last several months alongside the surge in the price of bitcoin,” the firm wrote. 19 Stocks With Crypto Exposure That Outperformed S&P500 Goldman Sachs released a research note last week listing 19 large-cap U.S. stocks with blockchain and cryptocurrency exposure that outperformed the S&P 500. Ben Snider, the bank’s strategist and managing....
Updated with commentary from core developer Mike Hearn. Update 20th March 6:30 pm GMT: Updated with commentary from BitMonet founder and developer Ankur Nandwani. Update 21st March 6:30 pm GMT: Updated with commentary from bitcoin developer Peter Todd. Bitcoin's core developers have released the latest update to the bitcoin reference client, version 0.9.0, which includes transaction malleability-related fixes, as well as updates to how transactions are relayed on the network. Version 0.9.0 notably includes coin control features and a Windows 64-bit installer, among other updates, bug fixes....
Bitcoin 0.8.6 was officially released this week and the incremental update brings a few bug fixes and some nifty features, such as relaxed restrictions on block size. The biggest changes affect block size. The maximum size of free transactions is now 1,000 bytes instead of 10,000 bytes, allowing more transactions per block. Since each block allows 27,000 bytes for free transactions, this means that as many as 27 free transactions will be available per block, up from three or less in 0.8.5 and previous releases. The minimum output requirement of 0.01 BTC has been dropped, too. The....