Why Won’t Bitcoin Die? Because You Need It
Bitcoin is not a speculative bubble fueled by degenerate gamblers. It’s capital flight from collapsing fiat currencies.“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the years by people sitting on the sidelines watching the bitcoin price hectically rise and fall, time and time again. The mainstream media will tell you that bitcoin is a speculative bubble, your financial advisor will tell you that you’re wasting your time by investing in it, your friends and family will tell you that it’s a scam and economists will tell you that it won’t work. So, why is....
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As of today, zcash, monero and dash won’t be included among Bittrex’s tradable assets.
Legislation under consideration in New York to stop Bitcoin mining over environmental concerns won’t stop an increasingly-green industry.
Quick Facts: ➡️ DAT stocks are trading below their net Bitcoin holdings as volatility, ETF outflows, and index risks hammer the digital treasury model. ➡️ Michael Saylor says he won’t back down, despite MSTR’s 41% decline; his thesis rests on $6.1B in unrealized profits from Strategy’s 649,870 Bitcoin-strong treasury. ➡️ Bitcoin Hyper builds a Bitcoin […]
Wang Chun, F2Pool’s co-founder, told CCN that he is planning to upgrade his Litecoin pool to segregated witnesses (segwit), but “it won’t happen in the next couple of weeks.” He further told CCN that his bitcoin pool, which currently controls around 14% of the network’s hashrate, won’t upgrade to segwit “anytime soon.” Chun stated: We’ll do it on Litecoin first and then make an evaluation if it is feasible on bitcoin. Litecoin’s F2Pool currently controls around 43% of the network’s hashrate. Batpool and Litecoinpool.org are both already signaling for segwit. Combined, around 60% of the....