Transaction fees, a bugbear for a lot of in the bitcoin community, are on the way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a brand new ...
Read More »Runaway Train Towards Full Digitization of Money and Labor
by Peter Koenig for the Saker blog The other day I was in a shopping mall looking for an ATM to get some cash. There was no ATM. A week ago, there was still a branch office of a local bank ...
Read More »Bitcoin Rediscovers ₦4,690,250 ($12,850), Altcoins Drop To 40% (‘Expected Dip?’)
Bitcoin dipped as little as ₦4,692,075 ($12,855) Friday morning as traders watch a steep new correction unfold across cryptocurrency markets. From highs of ₦7.28 Mln over ($20,000) on some exchanges last weekend, Bitcoin tumbled by as much as 30 percent, ...
Read More »China, Nigeria lead world Bitcoin transactions in 2017
China and Nigeria lead the world’s peer-to-peer (P2P) bitcoin transactions in the year 2017 outpacing major European countries, the United Kingdom and the United States of America, according to data from LocalBitcoins.com. Despite the clampdown on bitcoin exchanges and orders ...
Read More »Return Match: Bitcoin’s SegWit2X Set to Fork on December 28
BTC holders will get B2X in the ratio of 1 to 1, and numerous Satoshi Nakamoto`s bitcoins. Supporters of Bitcoin’s controversial SegWit2X hard fork have just announced that the split will soon be revived, based on a record ...
Read More »Bitcoin Clocks ₦7.28 Mln $20K Per Coin, Capping Year of huge Growth
Bitcoin has cemented its glory year by hitting ₦7.28 Mln ($20,000) barely a month after achieving five figures for the time in history. After many weeks of considerable volatility, mixing rapid growth with sudden declines, momentum finally boosted Bitcoin to its ...
Read More »Bitcoin goes haywire, blows Past ₦5.096 mln ($14,000)
Today Bitcoin surged past ₦5.096 mln ($14,000) level, topping out at ₦5.241 mln ($14,400) for a ₦910k ($2,500) gain within a day. This makes today the biggest one-day gain in the annals of the currency. To place it in perspective, ...
Read More »Happy ₦4,356,000 ($12k)! Bitcoin Prices Break Another Record In Epic Week, heading to ₦4.7Mln ($13k)
Bitcoin temporarily hit ₦4,356,000 ($12,000) and a ₦72,600 bln ($200 bln) market cap Tuesday before correcting as prices continue their remarkable week-long surge. As major exchanges such as for instance Coinbase, Bitstamp, Kraken and others trade around ₦4,368,000 ($12,000) at ...
Read More »Bitcoin on its way to another level– as grandpa buys in, leftists say: ‘What’s bitcoin?’
by Ramin Mazaheri for the Saker blog Some are talking of “fear and euphoria” in the crypto-currency world, but what’s to fear? Last month Bitcoin’s multi-year existential crisis was surprisingly resolved with only a couple days of panicking. In short, those who wanted ...
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