Tag Archives: Bitcoin Opinion

At the time of writing, bitcoin has dropped to about $7,200 – a near $200 drop from just 24 hours ago.Bitcoin: A Minor Drop, Nothing MoreThe currency is continuing its present volatile run, and there’s no way to predict how or where it will end up. November is typically a crazy month for the cryptocurrency – at least it has been in the past – but as the Thanksgiving holiday comes to an end, perhaps we can all be a little thankful that while this month did bring about a few scares, things...

Well, well. Here’s a bit of good news just as the holiday season is starting to pick up steam. The world’s number one cryptocurrency – bitcoin – has suddenly surged to just under $7,600, incurring a seven percent gain over the past two days.Bitcoin Is Picking Up SpeedYesterday was Thanksgiving, meaning everyone was likely trying to avoid two topics at the dinner table: politics and crypto. Both tend to incur some very angry and/ or negative feelings in people, but this season, bitcoin seems...

Bitcoin’s gains are short lived, and the world’s number one cryptocurrency is now trading where it was during late September when Bakkt initially failed to make a solid impression on crypto traders.Bitcoin and Its Comrades Are SufferingAs it would seems, positive blockchain comments from Chinese president Xi Jinping and Bakkt ultimately picking up and attracting several bitcoin futures contracts trades weren’t enough to keep bitcoin where it was. The $9,000 proved difficult for the currency...

Bitcoin rewards app Lolli has made a real name for itself.Lolli Is Moving Up the Financial LadderRecently, CNBC placed the company on its list of 2019 startups “to watch.” The list is comprised of approximately 100 new ventures and Lolli is the only one that has to do with bitcoin that seems to have made the cut. Could this be a sign that the currency and the industry surrounding it are about to become far more mainstream?The point of the list is to find companies that could be necessary for...

At press time, bitcoin is trading for just over $8,400.Bitcoin: Bearish All Over Again?This figure marks a drop of roughly $700 over the past few days. The currency is incurring some very strange behavior as of late, though there doesn’t seem to be much of an explanation regarding why this behavior is happening.Let’s start off with the basics. To do this, we must go back to the end of October, when bitcoin was really trapped in a rut following the disappointing opening of Bakkt and the Mark...

It’s awful when something you’ve created is being used in a bad way, and C++ software language creator Bjarne Stroustrup is feeling this firsthand, but how accurate are his thoughts?Stroustrup: Not a Big Bitcoin FanStroustrup is the builder of C++, which is a programming system that’s used to power all kinds of new software platforms – including bitcoin mining. In a recent interview, the tech genius explained that while he’s very proud of his creation on an individual level, he has no control...

David Marcus – the head of Facebook’s blockchain division – had some unusual things to say about bitcoin.Marcus: BTC Isn’t a CurrencyIn a recent interview with CNBC, the Facebook boss explained that he didn’t think BTC was a currency, and instead claims it has similarities with precious metals which cannot necessarily be used to purchase items but are a great store of value.In the interview, Marcus explains:I don’t think of bitcoin as a currency. It’s not a great medium of exchange because of...

The end of the year is not looking good for the world’s biggest crypto asset. Recently, Live Bitcoin News produced an article asking if bitcoin would somehow repeat its November 2018 behavior. As things currently stand, this doesn’t seem too far off the mark.Bitcoin Has Crashed Again; Could Things Reverse Themselves Soon?While the currency isn’t likely to drop into the $3,000 range over the next two months, we are now seeing bitcoin trading at $7,400 – a massive loss of $800 over the past 24...

Earlier today, Forbes put out an article asking the question, “Is Bitcoin Dead?” The writer suggests that the currency is not necessarily deceased; just experiencing a nasty pullback of sorts, and that what could really sink it is if it doesn’t find a “killer app” that keeps it alive and in use.Bitcoin: It’s Still Chugging AlongIt’s funny how the minute something doesn’t seem to be doing well, people begin to question whether it had any prowess in the first place, and bitcoin is no exception....

Is it safe to say that people are tired of talking about bitcoin? While not necessarily bored by it, they are tired of hearing the same things over and over, one of which is that the currency is about to enter a huge rally of sorts. No More Bitcoin Predictions; We Want to See ChangeTom Lee, as reported by Live Bitcoin News earlier today, is back in the limelight again, commenting that the currency is about to hit a new all-time high once the S&P jumps up. Lee, despite claiming that he...