Bitcoin Is Headed Lower – For Now (Forbes)
Bitcoin, which hit a high of almost $19,000 on December 18, 2017 is headed lower – possibly much lower, for now. This isn’t the end of Bitcoin, just a view that in the near term, the price of Bitcoin will continue lower (it may bounce, but the highs are in, for now). It is not the end of cryptocurrencies either, in fact the rise of other cryptocurrencies is part of the reason Bitcoin is due to continue its recent pullback. While not a ‘perfect storm’ for Bitcoin – many factors have aligned against it in recent weeks.
Ethereum Blockchain Dominates World’s Transactions (Finance Magnates)
Comparing two blockchains is absurd. Every blockchain is unique in its own way and they all have their own merits and demerits. But still, there are some parameters, based on which we can compare the different blockchains available today. One of these is the total transactions handled by a blockchain. Also, the amount of the processed transaction gives a clear picture of the size and efficiency of the blockchain. Learn how to buy Bitcoin and Ethereum safely with our simple guide! With this in mind, we can say that the Ethereum blockchain currently dominates, as the network has processed over $29 billion in the last 24 hours, which is more than the value processed by six other major public blockchains combined – Bitcoin, Bitcoin Cash, Litecoin, Dash, Bitcoin Gold, and Ethereum Classic.
Bitcoin Price WARNING: Bitcoin Is ‘Like Myspace’ And Is Set To PLUNGE This Year (Express.co.uk)
Bitcoin is set to plunge this year, Benjamin Quinlan of Quinlan & Associates has said. The expert has conducted a valuation Bitcoin and claimed the price of the cryptocurrency could fall significantly in 2018. Mr Quinlan was asked what cryptocurrency would have the most “utility” and present the best “value” for its usage. He said: “There are so many different coins and there are some that act as more of a platform and there are some that have niche functionalities.
Bitcoin bounces back towards $ 14k, Bitcoin cash drops 5% (FXStreet)
Bitcoin, the most dominantly traded digital currency, is seen reversing yesterday’s temporary drop and resumes its rebound from eleven-day lows of 12,639 to now trade at 13,792 levels, up +2.13% on the day. The renewed bounce seen in the digital currency is mainly driven by the latest headlines, citing that the S. Korea government will decide on virtual currency exchange shutdown after sufficient consultation.
No, You Don’t Have to Buy a Whole Bitcoin (CoinDesk)
“How much is bitcoin?” “Around $14,000.” “Well, that’s too expensive. I can’t afford that.” It’s a conversation that has surely happened thousands of times over the past several months as a new swarm of people find themselves enchanted by the cryptocurrency space and its tremendous gains. And it reveals not only a misunderstanding, but also a psychological barrier that many face stepping into the scene for their first time. Since so much emphasis is placed on how much “one” bitcoin is worth across the industry, new users often come in thinking that if they want to participate, they’ll have to fork over tens of thousands of dollars to buy a whole bitcoin. But actually, that isn’t the case – it’s possible to buy a half of a bitcoin, a quarter of a bitcoin or even a fraction of a percent of a bitcoin.
10 Bitcoin Winners and Losers of 2017 (The Cointelegraph)
The year of 2017 was a fantastic year for some Bitcoin users, but others were not so lucky with the cryptocurrency. Below, we’ll look at some of the most impressive success stories of the year, as well as the profiles of people who probably wish they’d never touched Bitcoin at all. It’s a highly erratic currency, but people who invested in it before its recent prominence often found their foresight was lucrative in ways they never imagined at first.
