Buying Bitcoin On a Margin: Winning Big or Losing Your Shirt
On November 29 there were quite a few bitcoin market spikes, and so-called flash crashes on exchanges, according to traders on social media and forums. One particular group of traders that really felt the storm when markets got turbulent were margin traders on exchanges like Bitfinex. In fact, if one were to visit the Reddit forum […]
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An Australian man has recounted his story to local media of losing what would today be more than a seven-figure dollar sum of bitcoin, stressing that such should serve as a warning against storing one’s bitcoin’s keys on a cheap storage device. Also Read: Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins Alex […]
Calculating transaction fees is like riding a bike or rolling a cigarette: simple when you know how, but frustratingly complex otherwise. UX improvements over the last few years have made bitcoin easier than ever to send and receive, but fee calculation is still something of a dark art. The following resources make fee calculation a […]
Black Friday, the internet’s annual day for rampant consumer excess, is looming. On November 24, an online spending spree the likes of which hasn’t been seen since the last one, and which won’t been seen till the next, shall commence. As Black Friday’s profile has risen in recent years, so has that of its sister […]
Prominent Wall Street analysts from Fundstrat, Standpoint Research, and Galaxy Investment Partners are pointing to a coming bullish run on bitcoin, pushing the world’s most popular cryptocurrency beyond even the once-thought lavish 10,000 USD price point, and soon. Also read: Philippines to Legalize Bitcoin as a Security Wall Street’s Tom Lee Releases New Target CRYPTO FX (Lee): […]
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 […]
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 […]
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% […]
Of 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 […]
Three 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 […]