Category: Opinion

News Founder of Microsoft Makes a Dim View on Cryptocurrency

Founder of Microsoft Makes a Dim View on Cryptocurrency

Bill Gates, founder of Microsoft, the world’s second-richest man has second thoughts over cryptocurrency. The wealthiest man alluded that the features of cryptocurrency and its ilk is super risky. In recent media interviews, Bill Gate has quoted that Bitcoin is “better than a currency” and it is exciting because it is cheap. In a 2015 …

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Bitcoin Jp Morgan Publishes Detailed 71-Page Bitcoin Bible Beside Calling It a Bubble

Jp Morgan Publishes Detailed 71-Page Bitcoin Bible Beside Calling It a Bubble

JPMorgan Chase (JPM) CEO Jamie Dimon has been in the public limelight for the controversies on Bitcoin and cryptocurrencies. Since from calling cryptocurrency a bubble and fraud to saying blockchain is real, he seems now publishing “Bitcoin Bible for investors”.  Bitcoin Bible – 71-page document Now the bank published a 71-page document about cryptocurrencies and Bitcoin …

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News Digital currencies could succeed in developing countries, says Goldman Sachs

Digital currencies could succeed in developing countries, says Goldman Sachs

Bitcoin and other cryptocurrencies could offer good alternatives to fiat in areas where fiat is inadequately supplied & there are problems of inflation with supply mismanagement of fiat. An example of these areas is sub-Sahara African countries. Bitcoin as Money However, Cryptocurrencies may not be as successful in areas like United States where the U.S. …

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News JP Morgan Chase chairman regrets saying “Bitcoin is a fraud”

JP Morgan Chase chairman regrets saying “Bitcoin is a fraud”

JP Morgan Chase chairman & CEO Jamie Dimon says he regrets making comments in September that Bitcoin was  “worse than tulip bulbs” and that cryptocurrency was a fraud. In an interview with Fox Business, Dimon clarified that blockchain is real and that “you can have cryptodollars in yen and stuff like that.” Further, while there …

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News Governments could regulate Bitcoin out of existence, says Economics professor

Governments could regulate Bitcoin out of existence, says Economics professor

Economics professor at Havard Kenneth S. Rogoff, who is also a crypto expert, says governments could regulate Bitcoin out of existence. While there would be nothing to be concerned about with cryptocurrency micro payments, governments would be worried about large-scale anonymous payments & want to identify involved users. He says, for instance, these kind of …

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News Facebook CEO Zuckerberg to study cryptocurrencies

Facebook CEO Zuckerberg to study cryptocurrencies

cryptocurrencies and decentralizing technologies can be used as a part of overcoming Facebook challenges in 2018. Facebook CEO Zuckerberg said in a Facebook post one of the most interesting questions in technology was centralization versus decentralization and although many people came to technology with believe it would decentralize power, that hope is lost.   Rise …

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News Billionaire restaurateur says ‘I think Bitcoin it’s here to stay’

Billionaire restaurateur says ‘I think Bitcoin it’s here to stay’

Billionaire restaurateur, Tilman Fertitta compares the rise of Bitcoin trend to the dot-com boom of the late 1990s. CEO and Founder of Landry’s told CNBC’s on Thursday, “I think it’s here to stay. It’s no different than anything new. Everybody forgets that if you put ‘.com’ at the end of your name just 20 years …

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News Bitcoin would trade between $6500 to $22000 in 2018, says Nick Colas

Bitcoin would trade between $6500 to $22000 in 2018, says Nick Colas

Nick Colas who has been in cryptocurrency sphere for four years has analyzed that bitcoin in 2018 would trade between $6500 to $22000. However, the Bitcoin was trading at the volume of $15500 at the time of announcement on December 27. The first wall street analyst Nick Colas says that the top digital currency would …

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News ISA Chairman Shmuel Hauser proposes regulation to cryptocurrency firms

ISA Chairman Shmuel Hauser proposes regulation to cryptocurrency firms

Cryptocurrencies based Companies will be ban from trading on Tel Aviv Stock Exchange (TASE). Shamuel Hauser, the ISA (Israel Securities Authority) chairman will be proposing a prior notice to the ISA board next week. The proposal would contain regulations for bitcoin/cryptocurrency based firms. If we have a company that their main business is digital currencies …

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News Julian Hosp says bitcoin’s rapid rise isn’t over yet

Julian Hosp says bitcoin’s rapid rise isn’t over yet

Julian Hosp predict Bitcoin could hit $60000 in coming year but another crash is on way.  He assumes very healthy price of digital currency but ending up the talk saying crypto winter is coming right now. In this regard, Hosp who is the co-founder & president of TenX has stated I think we’re going to …

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News Leading Expert’s Positive Opinions on Bitcoin

Leading Expert’s Positive Opinions on Bitcoin

Bitcoin price is not too far away from the highest peak yet of $11,000 because it is trading at $9,700 according to CoinMarketCap. It appreciated by $3,000 attracting both positive and negative views alike and it could be bad or good depending on whose view you take. Below are some opinions from experts about Bitcoins: …

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