Archive for December 6th, 2017

HiceHash Has Been Down for a While, Now Officially Confirmed it Has Been Hacked

December 6, 2017 | By | Reply | 172 Readers More
HiceHash Has Been Down for a While, Now Officially Confirmed it Has Been Hacked

Earlier today the NiceHash went into maintenance mode and it has continued for hours, something that does not normally happen with the service, sparking rumours about a hack. A bit later the official confirmation has been posted that the rumored hack has indeed happened, below is a quote of the official statement released by NiceHash […]

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Bitcoin Fundamental Analysis: NVT Ratio

December 6, 2017 | By | Reply | 362 Readers More
Bitcoin Fundamental Analysis: NVT Ratio

In traditional markets, namely stocks, there are numerous ways to analyze the fundamentals of a company. Famously, Warren Buffet pointed out many that he learned years ago from Benjamin Graham; the P/E ratio, Price-to-Book Ratio, Change in Labor Costs, and so on. For Cryptocurrencies, we have a much smaller pallet to choose from and many […]

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Revealed: The Real Advantages of the CME and CBOE Bitcoin Futures Contracts

December 6, 2017 | By | Reply | 239 Readers More
Revealed: The Real Advantages of the CME and CBOE Bitcoin Futures Contracts

Bitcoin, the world’s number one cryptocurrency, has not ceased to be in the mainstream news since the beginning of 2017 when the price of bitcoin hit the $2000 handle for the first time in its life. Back in January, even the most seasoned cryptocurrency analyst wouldn’t have predicted the Bitcoin price to surpass the $10,000 […]

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Can Ethereum’s Blockchain Help Aruba Reclaim Its Travel Industry?

December 6, 2017 | By | Reply | 260 Readers More
Can Ethereum’s Blockchain Help Aruba Reclaim Its Travel Industry?

Aruba is a 19-mile-long island in the Caribbean Sea that relies almost entirely on tourism. The travel industry constitutes about 88 percent of its gross domestic product and 90 percent of its total employment. But the Aruba Tourism Authority (ATA) loses potential tourism profits to dominating off-island companies like Priceline, Expedia, and Travelocity. The country is […]

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Bitcoin’s Market Value Now Exceeds the GDP Of Over 130 Countries

December 6, 2017 | By | Reply | 233 Readers More
Bitcoin’s Market Value Now Exceeds the GDP Of Over 130 Countries

As bitcoin’s ninth year draws to a close, it has grown in proportions that even the most optimistic of investors had not predicted. It’s total market value now out values the annual GDP of some national economies – with New Zealand, Romania, Iraq, and Algeria among the most notable. On October 20, 2017, Forbes released […]

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DHL Extortionist Demands €10 Million in Bitcoin

December 6, 2017 | By | Reply | 254 Readers More
DHL Extortionist Demands €10 Million in Bitcoin

It might be one of the biggest cases of extortion for bitcoin; a criminal has sent a parcel with a nail bomb to a place close to Potsdam Christmas market. To not do it again, he demands €10 million ($11.79 million) in bitcoin form parcel service DHL. Does bitcoin make blackmailing great again? It is […]

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Bitcoin Sets Sights on $13,500 as the Cryptocurrency Reaches News Highs

December 6, 2017 | By | Reply | 241 Readers More
Bitcoin Sets Sights on $13,500 as the Cryptocurrency Reaches News Highs

As stocks plunge globally on geopolitical concerns, Bitcoin has reached a fresh all-time high, nearing the $13,000 level. As we approach the end of 2017, profit taking will be a major theme in traditional markets, while geopolitical events are heating up, providing an opportunity for bitcoin to galvanize its advance. On November 6, BTC-USD reached […]

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The Etherium IOTA Squabble

December 6, 2017 | By | Reply | 270 Readers More
The Etherium IOTA Squabble

Though both fall within the cryptocurrency bracket, Ethereum and IOTA are vastly different technologies. Ethereum operates upon their blockchain while IOTA has attempted to go beyond the block and use a different system based on what they call the “Tangle, a version of the DAG protocols. The Future of Two Protocols This difference is seen […]

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Betway Giving Good Odds to Bitcoin at Mcdonald’s, Breaking $20,000 and More

December 6, 2017 | By | Reply | 202 Readers More
Betway Giving Good Odds to Bitcoin at Mcdonald’s, Breaking $20,000 and More

Bitcoin has been absolutely smashing expectations lately as far as price goes, hitting $11,000 recently. Even the experts are stunned by this price point and to call it unprecedented is an understatement. As a result Betway, a popular online booker, is taking odds on some Bitcoin-related events including that McDonald’s will be accepting the cryptocurrency […]

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Scaling Kitties on Ethereum

December 6, 2017 | By | Reply | 304 Readers More
Scaling Kitties on Ethereum

In the past few days, Ethereum broke another record; it traded more than one million Kitties – and reached a new transaction peak of 700,000 a day. Ethereum is knocking on capacity limits, and scaling solutions are desperately needed. Last week the world’s first successful non-monetary blockchain application was born. It is about buying, breeding, […]

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