Bitcoin Reviews & Comments 2020

Theoretically it's doable for the governments to launch an attack called a fifty one attack on btc, "For instance, a govt just like the China or United States of America or determined they wished to do some harm to Bitcoin, then they may probably, either quickly get plenty of mining power to shut down so as this could make them to control a majority of what is left off, or they may also decide to deploy new hashpower that takes over the entire network.

Jones   February 19, 2019  

The 51 percent attack has currently been heard off which maybe the foremost damaging threat Bitcoin or any other cryptocurrency may face. And as professor. Matthew green of John Hopkins University says on crypto news such an attack may probably be spearheaded by the United States of America or the Chinese government, particularly as long as most of Bitcoin's hashing power is based in China.

Cynthia   February 19, 2019  

Check this out, Bloomberg's column appears that it's possible that FUD could possibly loom over crypto space this year 2019, Barry Ritholtz says this prediction is wrong. Inspite of this also, enthusiasts kept their hopes very high. Mike Novogratz aforesaid that he believes there's going to be huge adaption this year and 2020 as he thinks there'll be much of participation from individuals in the Blockchain industry. currently state government of Ohio proclaimed it's about to start accepting tax payments in Bitcoin whereby the govt has partnered with Bitpay to bring this into reality conveniently so the bitcoins will get converted into dollars on behalf of tax office.

Melissa   February 19, 2019  

Just recently, few peoples has foretold saying there is possibility for the value of Bitcoin to fall as low as 1,260$ and Blockchain may not benefit banking or monetary institutions for three to five years because the true value of cryptocurrency isn't proven yet according to them. Even though Bitfury group and South Korean R&D firm have also proclaimed that it might launch centers where Bitcoin is mined in Paraguay, that may be a part of Common Foundation's project additionally referred to as grey Goose.

Elleanor   February 19, 2019  

The protracted crisis in the digital currency market scares institutional investors away from cryptocurrency assets, which confirms the decline in the share of financial institutions in Bitcoin trading

Maxx   December 20, 2018  

One of the current trends hindering the recovery of the crypto market is the intensification of institutional investors in the over-the-counter market for trading virtual currencies. large investors find the over-the-counter market more liquid. Such a market is usually open around the clock, which allows traders to control assets and respond quickly to risks in the event of abrupt changes. Nevertheless, the search for sellers at current prices is difficult even in the over-the-counter market. While trades in this format will be of interest to traders more than the official crypto market, the possibilities for recovering the latter will be significantly limited.

Peter   December 19, 2018  

Bitcoin adds more than 8% and trades around $ 3,500, showing the strongest rebound in the last 3 weeks. the current impulse has good chances of continuation.

Anna   December 18, 2018  

Bitcoin 'is based on faith' investors. The growth of cryptocurrency in the past year was due to the 'belief in tales', and the fall - a small understanding of the technology by most traders.

Zar   December 18, 2018  

Remember what happened in November and December last year. The price of Bitcoin rose from $ 10,000 to $ 20,000 only on speculative expectations of launching Bitcoin futures and involving major Wall Street players. So what? After the launch there were no volumes, the market was dead. Nothing! Therefore, the price went down because it should not have reached such high levels so quickly. It seems to me that the same thing can happen with a bitcoin ETF

Ja$0b   December 17, 2018  

It is likely that now the BTC has the last bastion of 'hoddlers' (not whales), who do not stand up and sell the coin. The rest of the investors perceive the situation as follows: if you sell, it means to sign a loss, and to take a risk means, with good luck, you earn many times more than the amount of risk. And against such comrades whales can do little.

Andre   December 13, 2018  

Trading or investing in bitcoin is a speculative gamble, the chances of winning are even lower than in Las Vegas.

Serge   December 10, 2018  

Large mining centers buy equipment, enter into contracts for the supply of electricity - and all this with the expectation of long-term work. Therefore, if Bitcoin hashrate falls, and mining becomes less profitable due to lower prices, miners can continue their work until the asset recovers and the BTC mining becomes profitable again.

Alex   December 9, 2018  

The number of transactions in the BTC network is growing, despite the fall in the rate. That is, even after the end of the 2017 hype period, people do not lose interest in the crypt and the number of users only increases

Franz   December 8, 2018  

A growing number of people see Bitcoin as a means of preserving value, so the future of the first cryptocurrency is very positive. There is currently no other asset with the same capabilities as Bitcoin.

Viktor   December 7, 2018  

Bitcoin is a network, so it's impossible to predict what the growth will be next year. This is not a company, so Bitcoin does not pay attention to bank rates, economic growth and other factors affecting traditional companies.

Lenny   December 6, 2018  

The SEC vs ICO actions had a negative impact on the market, as well as the denial of Bitcoin ETF approval. In November, Bitcoin fell by more than 40%, indicating the largest drop in assets in the last 7 years.

Michael   December 4, 2018  

The rapid fall of Bitcoin below $5000 made mining unprofitable, with a relatively high cost of electricity. Many mines tend to sell-off their mining equipement. ASIC mining has one serious drawback - when the profitability of the equipment falls, it is pointless to use it in mining cryptocurrency, while no one wants to buy ASIC from you. Unlike video cards that can be easily sold to gamers, ASIC has no practical value other than mining as such.

Stanislas   November 27, 2018  

The decline in the crypto market this year was a combination of factors such as a large concentration of inexperienced investors who entered the industry in 2017, regulatory uncertainty, and well-known principles of supply and demand. If you combine all these factors together, and also add an insufficient understanding of the average user of the principles of the industry, we come to the reasons why we see low prices for cryptocurrency

Serge   November 27, 2018  

Bitcoin was overvalued in December 2017. This year, there were more sellers than buyers, so the price drops. But there are three things to keep in mind. First, Bitcoin is a transaction platform. It is the safest platform in the world, and it must have some value. It can not cost nothing. Secondly, it is the most profitable asset class in the last 10 years. During the longest bull rally, he walked around the Dow Jones and Nasdaq, etc. During this time, it has fallen twice by 80%, but over the past two years, it has grown by 400%.

Alex   November 26, 2018  

With the current bitcoin price most owners probably turn off older asics miner, for example, Antminer T9 + from Bitmain and AvalonMiner 741. These devices, on average, give a hashrate of about 10 TH / s and currently incur losses. Bitcoin hashrate at F2pool, which accounts for about 11.4% of the total network capacity, also showed a power loss of more than 10% in recent weeks.

DonPedro   November 26, 2018  

This is the fifth or sixth drop of more than 75% in the entire ten-year history of Bitcoin. I don't think that institutional investors are seriously concerned about what bitcoin prices will be like in 2018, since they are focused on a 3-5 year perspective. As to long-term investors, they are set to hold their current positions and expect to recover prices.

Leo   November 25, 2018  

Has anyone heard about a more or less trustworthy/working tool or service for forecasting crypto currency price movements? I heard Nasdaq will soon provide institutional investors with a special tool for analyzing the behavior of cryptocurrency markets. The service uses machine learning and natural language processing algorithms to collect data on social networks and other sources of information and gives investors a more complete picture of possible market movements. It will be hard to compete with this one, but maybe there is some tool already there, available to us, mortals. Anyone?

techpro   November 6, 2018  

When traditional financial institutions eventually merge with Bitcoin, the same mechanisms will most likely be used and a new class will be created - Bitcoin bankers. In such a case, tens of millions of 'on-screen bitcoins' using only one or two million real BTC will be created and the entire limitations of the emission of the main cryptocurrency will not play any role at all.

Nick   November 2, 2018  

Bitcoin retained the $ 6,000 mark, once again proving itself as a means of saving capital. I think that financial institutions are preparing to inject large investments into the cryptocurrency market, most likely this will happen in the next 2 years.

Francis   October 6, 2018  

According to the widely held opinion, bitcoin-ETF will significantly revive the market due to the inflow of institutional money, but such funds can provoke a wave of manipulation in the crypto-currency market and even its decline. After the rejection of the next order, inevitably the bitcoin will fall, but soon the market will find new optimistic reasons for growth and recognition.

attHegaTe   August 24, 2018  

SEC understands perfectly well that bitcoin-ETF has more pluses than minuses, but, unfortunately, an already outdated statement does not allow you to just implement it. For the commission to approve bitcoin-ETF, it needed to amend the law. It will take a long time before SEC finally gives green light to bitcoin.

Whiteeagle   August 23, 2018  

The volume of positions for the sale of bitcoin, opened at the Bitfinex exchange, has approached the historic maximum. Yesterday's sharp rise in the price of bitcoin to $6800 can cause a compulsory liquidation of a significant portion of short positions. In this case, a sharp increase in the number of orders for the purchase of bitcoins, associated with the closure of short positions, may push the price even higher, triggering a so-called "squeeze".

Pad0vani   August 21, 2018  

Small speculators began to panic, and advantage was taken of by the large funds that bought part of their contracts from them. The market saw an increase in the interest of large funds in the BTC trade: the number of large bidders increased by 4 to 37.

Whiteeagle   August 20, 2018  

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