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."
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."
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