Skip to main content
Bitcoin Markets Wobble ,While Fees Keep Soaring.


A lot of people had a lot of things to say about Coinbase this week, and most of it was negative. Whether it was raging about insider trading, disastrously introducing bitcoin cash, or slowness to adopt Segwit, Coinbase was taking flak from all sides. It’s a remarkable change in public sentiment towards an exchange that was once regarded so highly by many. Could Coinbase be in danger of becoming bitcoin’s Google – a monopoly that winds up doing more evil than good?

Bitcoin never sleeps or slows. With the holidays approaching, there was zero chance of the world’s leading cryptocurrency taking a break so we could tend to last-minute shopping and drinking. Like the primadonna that she is, this week in bitcoin continued the year’s trend of hogging the limelight, with tales of rising fees and Coinbase misbehavior fueling much of the action.


"The trend over nearly a decade is this: as much as bitcoin is propped up by hucksters looking to make a fast buck, there are many more still who work on building the project along every day. If BTC continues to have value, people will choose to support it."


Comments

Post a Comment

Popular posts from this blog

Will it be possible that if Blockchain Technology can remould Global Payments System?

Payments are synonymous with a transaction that is guaranteed by a central authority which can be a bank, a payment wallet or an escrow service. Keeping the chronological timeline under consideration blockchain happens to be at the helm of technological advancement in the financial domain.   A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database. Each time a block gets completed, a new one is generated. “Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole.” The core value of a blockchain is that it enables a database to be directly shared without a central administrator. Rather than having some centralized application logic, blockchain transactions have their own proof of validity and authorization to enforce the constraints. Hence, with the blockchain acting as a consensus ...
1 comment
Read more

Bitcoin a 'dangerous speculative bubble ,is it?

Mo n e y   is   a   m a tt er   o f   f a ith,    Bits of paper and computer bytes change hands billions of times a day as a measure of value because we trust the promise that they represent .in today's era of fiat money ,those promises rest ultimately on a guarantee by governments that they are valuable .  that guarantee , as we have seen , is being questioned as the willingness of governments to live up to the promises of fiat currencies is called into question by the deterioration in public finances    We often discuss the ways that new technologies and techniques are being used to improve the digital scenario consecutively  To   t r e at   the   debate   about   the   f ut u re   of  mo ne y   as   a   battle   between econo m i c  truths  is   to   mi s und e r stand   the   nature   of   money  itself. ...
Post a Comment
Read more

DON'T WAIT TO BUY BITCOIN, BUY IT & WAIT...

We all are getting  aware of  digital world day by day ,digital world are adding new technology on each successive day , things are being converted into digital process . The new digital economy is being introduced , now a days we all are familiar with new type of digital currency  bitcoin ,., Few technologies have the ability to stir passionate online debate and baffle the vast majority of the population as bitcoin. The virtual currency has been a constant source of interest and confusion since it thrust itself into the mainstream more than five years ago. But interest in bitcoin is now greater than ever. Its value has soared above $10,000 (£8,000), a new high point, turning those who hoarded large amounts early on into millionaires. There are lot's of question that arise  in our mind day by day ..just like How does it work? B itcoin works on a public ledger called blockchain, which holds a decentralised record of all transactions...
Post a Comment
Read more