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A New Bitcoin World

Kraken CEO Apologizes for Site Issues as Bitcoin Exchanges Struggle to Meet Demand

As cryptomania has swept the world in 2017, the influx of new users has caused bottlenecks at major exchanges. From server outages to lack of customer support, recurrent issues have tormented users, many of whom have taken to social media to vent their frustrations. In a Reddit post on November 20, Kraken CEO Jesse Powell […]

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November 21, 2017 0

Bitstamp’s CEO Explains His Decision to List Bitcoin Cash

The oldest and largest cryptocurrency exchange in Europe, Bitstamp, plans to list Bitcoin Cash (BCH) trading pairs at the end of November or early December. Bitstamp revealed its decision to release BCH holdings and list the digital asset this past September due to “high levels of customer demand.” Also read: Internet Archive Adds Bitcoin Cash and […]

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November 21, 2017 0

62% of Institutional Investors are Buying or Considering Buying Bitcoin

Over the past few weeks, a string of surveys has provided an insight into the public’s perception of bitcoin. Japanese; Americans; millennials – all have been grilled regarding the world’s leading digital currency. One group that have yet to speak their piece en masse is institutional traders – until now. A newly released survey sheds […]

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November 20, 2017 0

Hundreds of Bitcoin Cash Are Stuck in Segwit Addresses – But There Might Be a Way to Get Them Back

Hundreds of thousands of dollars worth of BCH is languishing in segwit addresses. The funds were mistakenly sent there by users who have no easy way of differentiating segwit and non-segwit addresses. Retrieving the funds is difficult, but not entirely impossible, as p2sh.info’s Antoine Le Calvez has revealed. He’s discovered what’s believed to be the […]

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November 20, 2017 0

Survey Says 88% of Japanese Have Heard of Bitcoin

A recent survey of 10,000 men and women across Japan shows that 88% of them have heard of bitcoin. Among those that have bitcoin, 47% said that they have used it in retail stores but long-term investment is most respondents’ main reason for purchasing bitcoin. Also read: Local Japanese Government Considers ICO to Revitalize Region 88% […]

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November 20, 2017 0

Quebec Attracts Cryptocurrency Miners with Inexpensive Hydropower

Quebec is increasingly becoming a location of interest for bitcoin miners. The Canadian province offering inexpensive electricity and cold winters providing inexpensive cooling. Also Read: Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown A Young Canadian Entrepreneur Told Local Media That Quebec Is Becoming a Hotspot for Mining Mr. Bertrand runs approximately 50 ASICs […]

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November 19, 2017 0

Bankers Continue to Sound the Bitcoin Alarm

From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin AlarmOf late, bankers public and private have increased their criticisms of bitcoin and cryptocurrencies, especially as valuation all time highs appear to have no quick end in sight. From destabilization to fraud and money laundering, legacy banking is doing everything in its rhetorical power to sway opinion.   Also read: Five Countries Where Bitcoin is Illegal World’s […]

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November 19, 2017 0

Survey Says Bitcoin Holders Won’t Sell Until Well Over $100K

Survey Says Bitcoin Holders Won't Sell Until Well Over $100KThree surveys in as many months of residents in the United States, encompassing more than 2,500 people, reveal growing interest in bitcoin and cryptocurrencies. The latest survey introduces eye-popping specifics regarding general belief in bitcoin’s power and a hodl strategy that’s nearly unimaginable.   Also read: Survey Respondents Say Bitcoin to Reach $10,000 Lendedu Survey Results Urge […]

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November 17, 2017 0

Five Countries Where Bitcoin is Illegal

Five Countries Where Bitcoin is IllegalTo those who understand it, bitcoin is a blessing, but not everyone shares that sentiment. From scaremongering CEOs to entrenched central bankers, bitcoin’s list of detractors runs long and deep. Elected officials reserve particular ire for bitcoin however, with leaders across the globe weighing in. While most governments seek regulation, others have gone further, passing […]

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November 17, 2017 0

Bitcoin as an Unstoppable Force: Hyperbitcoinization Theory and Practice

Bitcoin as an Unstoppable Force: Hyperbitcoinization Theory and PracticeOne of the earliest references to hyperbitcoinization (H-theory) derives from the Satoshi Nakamoto Institute. It describes a world waiting for bitcoin in the borderless, peer-to-peer sense. Especially true for emerging economies prone to inflation, hyperbitcoinization is an adoption theory with radical implications. Until recently, it was only a theory.   Also read: Bitcoin Hits $13,500 in Zimbabwe […]

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November 16, 2017 0