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Berita Bitcoin 2018

Coindesk - Leader In Blockchain News.

Coindesk - Leader In Blockchain News.

David Marcus, vice president of messaging products at Facebook and ex-PayPal president, has joined the board of directors at Coinbase. The SECs analysis of DAO tokens being securities will have what sort of impact on token sales going forward? (select all that apply) Token sales will fall in quantity but rise in quality More token sales will start requiring accreditation More token sales will start excluding potential U.S. investors Investors will be more cautious and diligent on the token sales they invest in Exchanges will not list tokens as quickly and nonchalantly Venture capital funding will rise relative to token sale funding None of the above, token sales will continue similarly to how they have been I would like to receive the following emails: CoinDesk Weekly - Insights for the week ahead CoinDesk Daily - Our snapshot of the day's news Subscribe to our free newsletter and follow us Continue reading >>

Wall Street Strategist Tom Lee Still Confident Bitcoin Price Will Reach $25k In 2018

Wall Street Strategist Tom Lee Still Confident Bitcoin Price Will Reach $25k In 2018

Wall Street Strategist Tom Lee Still Confident Bitcoin Price Will Reach $25K In 2018 Bitcoin prices could hit $25,000 this year, Fundstrat Global Advisors Tom Lee has repeated to mainstream media. Fundstrat Global Advisors cofounder Tom Lee repeated his bullish forecasts for the Bitcoin price Thursday April 12, telling CNBC it could reach $25,000 in eight months. Speaking in a telephone interview on the networks Futures Now segment, Lee, who is famously upbeat about the largest cryptocurrencys future, said the firm was confident about the prediction. We still feel pretty confident that bitcoin is a great risk-reward and we think it could reach $25,000 by the end of the year, he said. Lee was speaking after Bitcoin markets experienced a sudden surge from about $6,800 to over $8000, having subsequently held onto those gains today, April 13. As commentators and trading analysts spied the start of a potential bull run, Lee reiterated Bitcoin was oversold. Its pretty much what you saw at the end of the 2014 bear market, he continued. In March 2018, as BTC/USD circled multi-month lows , Lee unveiled his so-called Bitcoin Misery Index , a trading tip tool that he said shows when the time is right to buy Bitcoin en masse. This week not only Lee, but also investment mogul Tim Draper has reconfirmed his belief in Bitcoins bigger and better future, telling the audience at his own Blockchain event Thursday that $250,000 was his BTC price target by 2022. In January 2018, Lee had stated his prediction of $25,000 per Bitcoin by the end of the year, and put his 2022 Bitcoin price at $125,000. Continue reading >>

Bitcoin Price Could Hit $700,000, Investor Predicts | Fortune

Bitcoin Price Could Hit $700,000, Investor Predicts | Fortune

The annual Sohn Investment Conference in New York is usually a place where Wall Streets best hedge fund managers and investors present their top stock picks from Amazon to Valeant Pharmaceuticals. And for the first time in the events 23-year history, one of those investors used the Sohn conference stage Monday to recommend a certain digital investment: Bitcoin. John Pfeffer, a partner at his London-based family office Pfeffer Capital, is not only betting on Bitcoin, but giving it a bold price target of $700,000about 75 times the current Bitcoin price of nearly $9,500. While Pfeffer did not put a time frame on his prediction, his target exceeds even optimistic forecasts from other influential investors such as venture capitalist Tim Draper, who earlier this month predicted the Bitcoin price would reach $250,000 by 2022 . Bitcoin is the first viable candidate to replace gold the world has ever seen, Pfeffer, a former partner at private equity firm KKR, told the crowd at the Sohn Investment Conference at New Yorks Lincoln Center. So if Bitcoin becomes the dominant non-sovereign store of value , it could be the new gold , or new reserve currency. Pfeffers math works like this: First, he assumes that Bitcoin can logically replace all of the gold bullion currently held by private investorsin other words, the gold bars that people keep in a safe-deposit box or bury in their backyard, simply as a way to park their money in something more dependable than paper. (The gold bars in this example are also whats known as a store of value.) Bitcoin is vastly easier to store and secure, Pfeffer said. The current value of all privately held gold bullion is about $1.6 trillion, according to Pfeffer. Assuming there will be 18 million Bitcoins in circulation by the time the cryptocurrency Continue reading >>

Bitcoin Price Predictions 2018: Bitcoin Will Reach $25,000 In 2018 And $125,000 By 2022 Bitcoin Price Today Wed May 09

Bitcoin Price Predictions 2018: Bitcoin Will Reach $25,000 In 2018 And $125,000 By 2022 Bitcoin Price Today Wed May 09

John McAfee (@officialmcafee) November 29, 2017 Bitcoin Price Prediction Tracker portal,Bircoin.top, did the maths and explain that Bitcoin needs to grow daily at 0.4840957034310259%per day.to meet McAfees prediction. Currently, Bitcoin is around $ 8,207 compared to $7,171. Cool right? However, to hit McAfees target, BTC would end the year just over $29k. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my d**k if wrong John McAfee Apart from the economics behind the limited supply of Bitcoin, his prediction considered the factors like the increased adoption of Bitcoin and blockchain as well as a total cryptocurrencysmarket cap around $162 billion which gives large room for growth. Expect stability only after 10 years Kristjan Dekleva (Hedge) The Swiss-based financial expert will have us brace up for a decade of turbulence before any hope for a stable bitcoin. This he suggests will coincide with a general acceptance of Bitcoin even in hard-stance China. This though, not as a fiat replacement but a viable alternative. In my opinion, it will be at least 10 years before we see stability. Kristjan Dekleva (Hedge) The finance expert at cryptocurrency project Hedge sees Bitcoin investments as all-too-similar to the DotCom bubble of the 90s. So Mr. Dekleva, what are we having for supper in 2018? In the short-term, falls have been driven by emotion and in many cases disinformation a small rumor can have a big impactDemand is driven by market speculation, but the absence of institutional investors means the market is unstable. Instability it is. Next stop is the prestigious Harvard. Bitcoin to shrink to $100 Kenneth Rogoff (Harvard Prof & ex IMF chief) Known for his disparaging remarks against Bi Continue reading >>

Bitcoin Terjun 18 Persen Terhempas Isu Larangan Perdagangan

Bitcoin Terjun 18 Persen Terhempas Isu Larangan Perdagangan

Bitcoin Terjun 18 Persen Terhempas Isu Larangan Perdagangan Agustiyanti, CNN Indonesia | Selasa, 16/01/2018 19:20 WIB Nilai tukar Bitcoin tercatat turun 18 persen pada Selasa (16/1) ke angka terendah dalam empat minggu terakhir dan mendekati US$11 ribu. (REUTERS/Dado Ruvic) Jakarta, CNN Indonesia -- Nilai tukar Bitcoin tercatat turun 18 persen pada Selasa (16/1) ke angka terendah dalam empat minggu terakhir dan mendekatu US$11 ribu. Larangan perdagangan uang digital atau cryptocurrency diduga menimbulkan kekhawatiran adanya tindakan keras dari regulator lainnya. Dikutip dari Reuters, tergelincirnya nilai tukar Bitcoin, memicu aksi jual besar-besaran di pasar uang digital atau cryptocurrency yang lebih luas. Menurut situs Coinmarketcap, saingan terbesar Bitcoin, Ethereum turun 23 persen pada hari yang sama. Demikian pula dengan mata uang digital lainnya, Ripple yang terjun 33 persen. Situs berita Korea Selatan Yonhap melaporkan bahwa Menteri Keuangan Kim Dong-yeon telah memberi tahu sebuah stasiun radio lokal bahwa pemerintah akan menghasilkan serangkaian tindakan untuk menekan kegilaan investasi cryptocurrency yang 'tidak rasional'. Korea Selatan mengatakan pada hari Senin (15/1) bahwa rencana untuk melarang pertukaran uang digital tersebut belum selesai, karena pemerintah masih melakukan pembicaraan untuk memutuskan bagaimana mengatur pasar. Bank Indonesia Sebut Bitcoin Bisa Ganggu Stabilitas Keuangan Berdasarkan data terakhir, Bitcoin diperdagangkan lebih rendah dari US$11.191 di Bursa Bitstamp yang berbasis di Luksemburg, turun 18 persen. Jatuhnya nilai tukar Bitcoin dalam waktu singkat menempatkan sejumlah mata uang digital lainnya mengalami pelemahan nilai tukar terbesar dalam tiga tahun terakhir. "Ini terutama disebabkan masalah peraturan yang menghantui cryptocu Continue reading >>

Bitcoin

Bitcoin

Bitcoin: Is it really ripe for a Greek rally? Not everyone is convinced by bitcoin's value with venture capitalists telling CNBC that there is little worth in the digital currency. The bitcoin community has a communication problem. "Fast Money" regular Brian Kelly explains the flaw with bitcoin and what the fix is. The price of the controversial crypto-currency is now being tracked by Bloomberg. The block-chain protocol ensures that all bitcoin transactions are recorded on a public ledger. What if we built something similar for equity trading? Stung bitcoin investors plan Mt.Gox resurrection Investors from the U.S. and Canada have agreed to back a plan to buy embattled bitcoin exchange Mt.Gox in the hope of clawing back their losses. Bitcoin price slips as China steps up regulation Bitcoin's price lost 14 percent over the weekend as BTC China confirmed that transactions have been affected by a clampdown from the Chinese government. Barry Silbert, Founder & CEO of SecondMarket, explains the firm's decision to launch a bitcoin investment trust. There's certainly no shortage of alternate digital currenciesNamecoin, Litecoin and Dogecoin. But bitcoin is by far the most popular and widely used. Click here to watch the new digital documentary on the virtual currency that captured the market's imagination. Within the bitcoin uprising, there is a battle for the hearts of the early bitcoin adopters. CNBC's Mary Thompson provides a preview of tonight's CNBC digital documentary, "The Bitcoin Uprising." Thompson goes deep behind the scenes to get a look at how the digital currency works. Bitcoin having trouble shedding its dark side Bitcoin's grabbed headlines as much for its price as for its link to the online underworld and crimes including fraud, Ponzi schemes and theft. Inside Continue reading >>

Bitcoin Price Plummets Below $7,000 - Mar. 30, 2018

Bitcoin Price Plummets Below $7,000 - Mar. 30, 2018

Japan is one of the countries where trading in bitcoin and other digital currencies exploded last year, helping to drive up prices as mom-and-pop investors piled in. Almost half of recent global trading in bitcoin was carried out in Japanese yen, according to industry website CryptoCompare . The Japanese government officially recognized bitcoin as a form of currency last year and started licensing exchanges. But regulators have stepped up scrutiny of the industry after about $530 million in digital currency was stolen from an exchange in January . New rules in Europe that limit the amount of money that investors can borrow to trade cryptocurrencies could also be weighing on bitcoin's price, said Innes, who is betting it has further to fall. Other popular virtual currencies such as Ethereum and Ripple have also slumped recently. Related: So, why shouldn't I buy bitcoin? Bitcoin has faced a number of other setbacks this year. Earlier this week, Twitter ( TWTR ) announced that it would no longer be running ads tied to cryptocurrencies . Both Facebook ( FB ) and Google ( GOOGL ) have announced similar bans on ads, including for initial coin offerings, a fundraising method using cryptocurrencies. Continue reading >>

Berita - Bitcoin News | Indonesiabitcoin News | Indonesia

Berita - Bitcoin News | Indonesiabitcoin News | Indonesia

Mantan Chief Compliance Officer dari Blackrock, Inc. Dan kini Bergabung dengan Genesis Mining sebagai Chief Compliance Officer Siaran Pers Bitcoin: Cloud Mining Leader Menjadi Contoh sebagai Industri Dengan Komitmennya pada Kepatuhan Hong Kong, 29 April Genesis Mining, penyedia cloud mining terdepan di dunia, hari ini mengumumkan bahwa Shah Hafizi bergabung dengan timnya sebagai Chief Compliance Officer dan Americas General Counsel. Shah datang ke Genesis Mining dari BlackRock, Inc. di mana ia [] Masa Depan Sharing: Protokol Odyssey (OCN) Mengumumkan Pengembangan Blockchain Cross-Protocol Siaran Pers Bitcoin: Odyssey (OCN) Protocol, penyedia terkemuka dalam pembagian ekonomi terdesentralisasi dan ruang transaksi global P2P mengumumkan pengembangan blockchain lintas protokolnya sendiri yang canggih 1 Mei 2018, Singapura Odyssey baru-baru ini mengumumkan peluncuran pengembangan blockchain-nya sendiri. Blockchain Odyssey (OCN), juga dikenal sebagai rantai $ OCN, akan: Menyederhanakan integrasi penyedia blockchain lain ke dalam [] CONSENSUS 2018 Acara ini akan diselenggarakan pada 14 Mei 2018 16 Mei 2018 New York Hilton Midtown 1335 6th Avenue New York, NY Consensus, merupakan pertemuan teknologi blockchain tahunan ke-4, para profesional dari perusahaan rintisan industri terkemuka, perusahaan investasi, raksasa jasa keuangan, merek global, lembaga akademis dan kelompok kebijakan akan berkumpul di New York [] Continue reading >>

Bitcoin Is About To Have Its First Back-to-back Weekly Gain In 2018

Bitcoin Is About To Have Its First Back-to-back Weekly Gain In 2018

Bitcoin bulls are celebrating the virtues of the biggest cryptocurrency again. The digital coin gained as much as 4 percent Friday, putting it on pace for its first back-to-back week of gains this year. The mini-rally is helping to ease the pain from the more than 50 percent loss in the first quarter that followed last years 1,400 percent surge. The increase has bought the gains over the two-week period to almost 29 percent. Other crypto tokens rallied Friday, with Ripple jumping as much as 19 percent, Ethereum climbing 7.5 percent and Litecoin adding 4 percent. As it is often with Bitcoin, traders are citing multiple reasons for the recovery. One of the most frequent heard this week is the end of tax selling season in the U.S., meaning investors are done selling crypto to pay off outstanding balances. Others point to a squeeze against a record short position on Bitcoin. Gains may also be result of larger investors entering the market. Tax selling is over, larger hedge funds have entered the market with deep pockets and strong hands, all positive signs, said John Spallanzani, a portfolio manager at Miller Value Partners, who is optimistic about the digital currencys outlook, calling for still higher prices. Continue reading >>

What 2018 Events Could Trigger A Bitcoin Bull Run?

What 2018 Events Could Trigger A Bitcoin Bull Run?

What 2018 Events Could Trigger A Bitcoin Bull Run? By Rakesh Sharma | April 4, 2018 3:49 PM EDT How Goldman's Bitcoin Bid Could Change Crypto Industry Its been a long and lonely winter, according to the Beatles. That line could very well be applied to bitcoins price movement this past quarter. As governments and businesses cracked down,cryptocurrency markets shed most of last year's gains and tested new lows. Bitcoins price, which recently fell below $7,000, is down by approximately 65% from its highs last December. But analysts and experts are predicting better things for the quarter ahead. In a note last week, analyst Thomas Lee of Fundstrat Global Advisors, stated that bitcoins price gains have mostly occurred in relatively short time periods of approximately ten days. Lee has a price target of $20,000 for bitcoin by June. Typically, news events that portend a bullish future for cryptocurrencies are the catalysts for such gains. Here are three news events that investors might want to watch out for in the coming quarter as indicators of positive market movements. (See also: Should You HODL Bitcoin? ) The movement to launch crypto-based ETFs has gained steam in the last couple of months with several companies lobbying regulatory agencies or introducing similar products in OTC markets. Even Cboeis calling for bitcoin ETFs, as shown by its recent letter to the SEC. Alongside these developments, the cryptocurrency ecosystem is also being cleaned up to allay the SECs concerns, outlined in a letter earlier this year. For example, the Winklevoss twins have outlined a set of proposals to form a regulatory bodyfor cryptocurrency exchanges to prevent hacks and insider trading. The run-up to theintroduction of bitcoin futures at CME and Cboe bumped up bitcoins price by 70% last Continue reading >>

Top Bitcoin, Blockchain, And Cryptocurrency News Of March 2018

Top Bitcoin, Blockchain, And Cryptocurrency News Of March 2018

Top Bitcoin, Blockchain, And Cryptocurrency News Of March 2018 I cover the human side of VR/AR, Blockchain, AI, Startups, & Media. Opinions expressed by Forbes Contributors are their own. PARIS, FRANCE - FEBRUARY 16: In this photo illustration, a visual representation of digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin is displayed on February 16, 2018 in Paris, France. Digital cryptocurrencies have seen unprecedented growth in 2017, despite remaining extremely volatile. (Photo Illustration by Chesnot/Getty Images) March 2018 has been awild month fortheglobal cryptocurrency community. Here's a list of the news that topped headlines in March 2018. Bill Gates, billionaire and co-chair of the Bill and Melinda Gates Foundation, gestures as he speaks during a Bloomberg Television interview on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 24, 2018. World leaders, influential executives, bankers and policy makers attend the 48th annual meeting of the World Economic Forum in Davos from Jan. 23 - 26. Photographer: Simon Dawson/Bloomberg 1. Bill Gates says cryptocurrencies cause deaths During an AMA on Reddit, the Microsoft founder expressed his thoughts on the impact of anonymity in digital currencies: The main feature of crypto-currencies is their anonymity. I don't think this is a good thing. The government's ability to find money laundering and tax evasion and terrorist funding is a good thing.... Right now, crypto-currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto-currencies is super risky for those who go long. Saul Pannell, senior managing director and equity portfolio manager Continue reading >>

Bayang-bayang Risiko Mata Uang Kripto Dan Bitcoin Di 2018

Bayang-bayang Risiko Mata Uang Kripto Dan Bitcoin Di 2018

Bayang-bayang Risiko Mata Uang Kripto dan Bitcoin di 2018 Ketakutan akan merosotnya harga Bitcoin dan mata uang kripto lainnya secara tiba-tiba masih hangat diperbincangkan. Benarkah masa depan uang digital ini makin terpuruk di 2018? tirto.id - Mata uang kripto jadi buah bibir di sepanjang 2017 kemarin. Harga sang raja mata uang kripto: Bitcoin terus meroket. Awal pekan Agustus, Bitcoin membuat rekor baru: untuk pertama kalinya, harga 1 Bitcoin lebih mahal daripada 1 ons emas. Waktu itu setara US$4 ribuan, atau sekitar Rp55-56 juta. Bila ditilik lebih ke belakang, pencapaian itu lebih bombastis. Pada 2012 lalu, harga 1 BTC (satuan Bitcoin) adalah sekitar US$15, sekarang? Harganya lebih dari US$15 ribu, sempat diprediksi akan menyentuh US$60 ribu pada 2018. Para pengamat terbelah, sebagian menganggap hal ini baik: sebagai sebuah kemajuan, lainnya menganggap tren tersebut tak akan berumur panjang. Biasa disebut dengan istilah Bitcoin Bubblesebuah keadaan harga sebuah komoditas terus meroket sehingga membentuk gelembung, yang dikhawatirkan dapat pecah pada sewaktu-waktu. Sebut saja gelembung kalau Anda suka, tapi bisakah Anda benar-benar menjauh dari mata uang kripto? ungkap ahli analisis pasar Naeem Aslam , membuka tulisannya dalam Forbes tentang prediksi nasib mata uang kripto pada 2018. Aslam yang mengaku memiliki mata uang kripto seperti Ether, Ripple, Bitcoin ini memperkirakan selama 2018 ini, investasi pada mata uang kripto tetap akan jadi tren dan sama sekali tak akan merugikan. Ia sendiri tak menampik kalau kekhawatiran tentang gelembung itu masuk akal. Melihat angka ini membuat Anda berpikir bahwa tak disanksikan lagi (kejadian) ini adalah bubble, sebab pertumbuhan segini besar memang belum pernah terjadi sebelumnya, tulis Aslam. Namun baginya, pertanyaan paling Continue reading >>

Pengetatan Aturan, Harga Bitcoin Jatuh Ke Rp 125,81 Juta/koin

Pengetatan Aturan, Harga Bitcoin Jatuh Ke Rp 125,81 Juta/koin

Pengetatan Aturan, Harga Bitcoin Jatuh Ke Rp 125,81 Juta/Koin Jakarta, CNBC Indonesia - Nilai Bitcoin kembali jatuh lagi pada Kamis (8/3/2018) yang membuat investor mengalami kerugian lebih dari 18% dalam dua hari ini. Pelemahan nilai ini diduga karena peningkatan pengawasan pada Bitcoin Cs. Bitcoin sempat mencatatkan nilai tertingginya pekan ini pada Selasa (6/3/2018) sebesar US$11.432/btc atau setara Rp 154,33 juta. Namun dalam dua hari terakhir harga Bitcoin melemah sebanyak 18,4%. Berdasarkan indeks CoinDesk pada kamis pukul 3.34 (ET) harga Bitcoin jatuh ke US$9.319/btc (Rp 125,81 juta). Pada Kamis kemarin harga Bitcoin bahkan sempat menyentuh US$9.075,87/btc atau turun sedalam 20% dari harga tertinggi pekan ini. "Penurunan di tengah hari mengejutkan Saya. Ini bisa dampak dari berita SEC ( OJK Amerika Serikat). Menurut Saya, aturan tersebut sebenarnya hal yang baik untuk Bitcoin," ujar Nick Kirk dari Cypher Capital, perusahaan perdagangan Bitcoin Cs seperti dikutip CNBC International, Kamis (9/2/2018). Rabu (7/3/2018) kemarin, harga sempat turun di bawah US$10.000/btc karena berita adanya beberapa akun yang diduga melakukan penyimpangan pada bursa penukaran yang berpusat di Hong Kong dan SEC memperluas pengawasan pada bursa penukaran Bitcoin Cs. Berita dari Jepang juga menambah ke khawatiran investor. Makin Banyak Orang Super Kaya Investasi di Bitcoin Cs Beberapa analis menduga penurunan harga Bitcoin karena faktor teknis. Bitcoin telah gagal menembus level resistence di sekitar US$11.765/btc pada Senin (5/3/2018). "Sejak ini Bitcoin jatuh ke fase koreksi. Hari ini (8/3/2018) Bitcoin kembali menguji level resistence-nya dan belum menunjukkan bukti bahwa harga Bitcoin akan bertahan," ujar Robert Sluymer dari Fundstrat Global Advisors, lembaga penasehat investasi. Pa Continue reading >>

Berita Harian Cryptocurrency Terbaru || Inforexnews.com

Berita Harian Cryptocurrency Terbaru || Inforexnews.com

Bloomberg dan Digital Asset ManagerGalaxy Digital Capital Managementbaru saja meluncurkan Bloomberg Galaxy Crypto Index (BGCI)untuk melacak performa dari 10 Cryptocurrency yang ditradingkan terhadap USD. Index BGCI adalah kapitalisasi pasar yang mengukur kinerja dari 10 Cryptocurrency : Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS, Litecoin (LTC), Dash, Monero (XMR), Ethereum Classic (ETC), dan Zcash (ZEC). Penciptaan indeks akan memfasilitasi eksposur terdiversifikasi ke crytocurrency serta memberikan patokan independen dan peringkat institusional bagi investor. BGCI menggunakan aturan yang berdasarkan metodologi dan data yang sudah terverifikasi oleh Bloomberg dan Galaxy Digital Capital Management. Global Product Manager Bloomberg Alan Campbell mengatakan luncurnyaBloomberg 54 mins ago berita , Berita Cryptocurrency 0 Investasi ke dalam pasar cryptocurrency pelan tapi pasti sudah mulai marak di Indonesia. Namun, perkembangan investasi cryptocurrency di Indonesia masih terdapat sejumlah kendala. General Manager Luno, Vijay Ayyar mengatakan bahwa salah satu kendala yang dihadapi para pemain cryptocurrency di Indonesia adalah regulasi dari Bank Indonesia (BI) yang melarang mata uang digital tersebut untuk dijadikan sebagai alat pembayaran yang sah. Hal ini membuat masyarakat yang berinvestasi pada cryptocurrency menjadi ragu untuk menyimpan dananya di aset digital tersebut. Baca juga:Mungkinkah Bitcoin akan Menjadi Alat Investasi di Indonesia? Meski demikian, BI tidak melarang perdagangan cryptocurrency, karena saat ini pihak bank sentral 1 day ago berita , Berita Cryptocurrency 0 Mantan Presiden Goldman Sachs Gary Cohn mengatakan bahwa dunia akan memiliki cryptocurrency global (bukan bitcoin). Saya bukan orang yang sangat percaya dengan bitcoin. Continue reading >>

Bitcoin Price Crash Fears Raised After Mt Gox Transfers 16,000 Tokens

Bitcoin Price Crash Fears Raised After Mt Gox Transfers 16,000 Tokens

Bitcoin price crash fears raised after Mt Gox transfers 16,000 tokens The cryptocurrency exchange Mt Gox has moved 16,000 bitcoins out of its wallet to an address that may be associated with an exchange desk. Selling this many Bitcoins at once, which are currently valued at over 100 million, could prove disastrous for the value of the cryptocurrency. Supply of the currency would be flooded, and in the absence of a comparable rise in demand the price is likely to fall. Mt Gox was formerly one of the worlds biggest cryptocurrency exchanges before the loss of 1 million of its customers Bitcoins forced it to close in 2014. This is the first time the exchange has moved any of its assets in three months, reports The Next Web, which first spotted the latest transfer. The last time it decided to sell off its funds, a massive price shock followed. With these assets yet to be sold, some are reporting that any sale attempts would be blocked. The value of every currency worldwide is affected by how many people are buying and selling it at any given time. The difference with Bitcoin, however, is that the currency is believed to be overwhelmingly concentrated in the hands of just 1,000 investors , who reportedly own 40% of the total amount of the currency. These investors have the power to exert a massive influence on the market, as other holders of the currency attempt to get out ahead of any big price changes. With a sale yet to be confirmed, its difficult to know how significant any subsequent price shock could be, but its yet another reminder of the dangers of investing in cryptocurrencies. Do you hold any Bitcoin at the moment? What would cause you to sell your assets? Let us know @TrustedReviews. Continue reading >>

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