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Tim Draper Predicts Using Fiat Currencies in Five Years Will Be Laughable

November 9, 2017 Jamie Redman 0

Tim Draper Predicts Using Fiat Currencies in Five Years Will Be LaughableAfter making a prediction that bitcoin would be $10K by 2018, the American venture capitalist, Tim Draper, is still bullish about cryptocurrencies. In fact, Draper believes digital assets like bitcoin will be so prominent that using fiat currencies in five years will be considered laughable. Also Read: The World’s Largest FX Exchange Hopes to Tame […]

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Openbazaar Sees a Variety of New Vendors After Privacy Enhancements

November 9, 2017 Jamie Redman 0

Openbazaar Sees a Variety of New Vendors After Privacy EnhancementsThis past September the cryptocurrency-based decentralized marketplace, Openbazaar, launched its 2.0 platform with a slew of new features. Now a couple of months later, the marketplace seems to be seeing some significant growth as vendors from Darknet markets are starting to flock to the protocol’s benefits. Also Read: Increased South African Bitcoin Adoption Highlights Need […]

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Markets Update: Bitcoin Price Took A Dive After Breaching New Highs

November 7, 2017 Jamie Redman 0

Markets Update: Bitcoin Price Free-Falls After Breaching New HighsThe price of bitcoin dived on November 6 after reaching an all-time high of $7,590 across global exchanges. The decentralized currency’s value dropped to the $6,950-7,000 range. At the moment, the cryptocurrency’s market is consolidating above the $7K territory after the late afternoon sell-off. Also Read: This Developer is Bringing Atomic Swaps to the Bitcoin Cash Network […]

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Fork Watch: The Chain With Less Hashrate Could Come to a Screeching Halt

November 6, 2017 Jamie Redman 0

Fork Watch: The Chain With Less Hashrate Could Come to a Screeching HaltOver the next two weeks, bitcoin proponents from both sides of the scaling debate will be preparing for a possible hard fork. A lot of people believe the Segwit2x fork will be entirely different than August’s bitcoin cash fork, and for good reason. Also read: Satoshi Revolution – Chapter 2: Technology Meets Anarchy. Both Profit (Part […]

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Graphene Block Propagation Technology Claims to be 10X More Efficient

November 6, 2017 Jamie Redman 0

Graphene Block Propagation Technology Claims to be 10X More EfficientThis week at the Scaling Bitcoin Conference 2017, at Stanford University in California, bitcoin proponents heard about a new block propagation technology that claims to be 10X more efficient than compact blocks. The protocol called “Graphene” is a new method of reducing bandwidth to propagate blocks to full nodes by utilizing bloom filters and invertible-bloom-lookup-tables […]

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This Developer is Bringing Atomic Swaps to the Bitcoin Cash Network

November 6, 2017 Jamie Redman 0

This Developer is Bringing Atomic Swaps to the Bitcoin Cash NetworkAtomic swaps between blockchains have become a hot topic that has sparked a lot of interest due to the decentralized nature of the exchange process. This week a developer that goes by the name of “Deswurstes” or “MCCCS” has accomplished a successful bitcoin cash atomic swap test. Also Read: Uruguay to Launch Digital Currency, “Not Bitcoin” […]

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Grayscale Investments Plans to Sell GBTC-Based Bitcoin Cash Reserves

November 5, 2017 Jamie Redman 0

Grayscale Investments Plans to Sell GBTC-Based Bitcoin Cash ReservesJust recently the sponsor of the Bitcoin Investment Trust (OTCQX: GBTC), Grayscale Investments, has announced its plans for the bitcoin cash (BCH) reserves the trust is currently holding. According to Grayscale, the BCH will be sold over time, and a remittance date for shareholder proceeds will be announced upon completion of the sales. Also read: New […]

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Software Wars: Segwit2x Uncertainty and the Casting of Miner Votes

November 3, 2017 Jamie Redman 0

Software Wars: Segwit2x Uncertainty and the Casting of Miner VotesJust recently news.Bitcoin.com reported on the Segwit2x lead developer Jeff Garzik detailing that the upcoming fork was “still full steam ahead.” Lately, bitcoin proponents from both sides of the scaling debate have been bickering quite a bit, and now many businesses and individuals are either declaring their Segwit2x support or distancing themselves from the project. […]

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Turkish Central Bank President: “Cryptocurrencies May Contribute to Financial Stability”

November 3, 2017 Jamie Redman 0

Turkish Central Bank President: "Cryptocurrencies May Contribute to Financial Stability"Bitcoin is trending in Turkey, and the country’s central bank officials are starting to notice. This week President Murat Cetinkaya of the Central Bank of Turkey (CBRT) said the financial institution is monitoring bitcoin closely, and spoke optimistically about digital currencies. Also Read: Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin Central Bank of […]

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Markets Update: Cryptocurrency Market Cap Now Commands $200 Billion

November 3, 2017 Jamie Redman 0

Markets Update: Cryptocurrency Market Cap Commands $200 BillionThe price of bitcoin (BTC) has been soaring once again after reaching an all-time high of $7350 on November 2. Now after a quick drop below $6800, yesterday the price per BTC reached yet another peak at $7500. Additionally, the market value of bitcoin cash (BCH) has also seen an intense run-up over the past […]

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