Why The Inventor Of Ethereum Attacked This Bitcoin Pricing Model
The inventor of Ethereum Vitalik Buterin took aim at the controversial Bitcoin price model Stock-To-Flow (S2F). Buterin believes the model is “not looking good” and openly criticized it because it gives crypto investors a “false sense of certainty”. Related Reading | Bitcoin Back At $21K After 75% Drop, Where Does It Go From Here? This creates the illusion, according to Buterin, that Bitcoin will constantly trend to the upside. As the recent price action has proven, this could lead to many people losing their initial investment and more. Buterin said via his Twitter account while....
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The inventor of Ethereum Vitalik Buterin will feature in the new animated web series called “Stoner Cats” alongside Mila Kunis, Ashton Kutcher, Jane Fonda, Chris Rock, and Seth MacFarlane. The show will attempt to succeed on a new Non-Fungible Token (NFT) based model. Comprised of 5 episodes, the series is due to launch today Monday […]
Texas-based CoinTerra announced on Monday that they'll be adopting a variable pricing model for retail sales of the TerraMiner IV bitcoin miner. The company noted they've delivered the April, May, and June batches ahead of schedule, and the new pricing model "from-stock sales [will] reflect the ever-changing variables which go to make up the Bitcoin ecosystem". Says Ravi Iyengar, CEO at CoinTerra: As the leading high-performance Bitcoin mining hardware manufacturer shipping from stock, we can now offer a pricing model that allows Bitcoin miners to make purchasing decisions based on current....
Prominent crypto analyst Ali Martinez has identified the immediate important Bitcoin (BTC) price levels using the MVRV extreme deviation pricing bands model. Notably, the premier cryptocurrency has remained in consolidation between $101,000 – $104,000 for most of the week despite news of a 90-day tariff pause between the US and China. Related Reading: Bitcoin Meets […]
In an interview for Forbes, Cardano’s inventor and the CEO of Input-Output Global (IOG), Charles Hoskinson talked about consensus mechanisms, energy consumption, and the potential future for this industry. Based on interoperability, a subject IOG has been developing, Hoskinson called out Ethereum for trying to “lock” users into its ecosystem. Over the next three to […]
The inventor of Ethereum Vitalik Buterin has come out of a self-imposed Twitter hibernation period, as he called via his personal account. On his first post of 2022, Buterin reviewed some of the ideas, proposals, and thoughts from this past decade to find if he maintains the same position as when he first talked about them. Related Reading | TA: Ethereum is Showing Early Signs of Fresh Rally, But 100 SMA is the Key The inventor of Ethereum listed over 10 ideas, many of which have been a source for controversy amongst the crypto community. Buterin begun his “mini-tweetstorm” with....