Tag Archives: Bitcoin Opinion

India’s Biggest Startup Incubator CEO [Falsely] Says Bitcoin Failed Due to $20 Fees

Advertisement According to Jay Krishnan, the CEO of T-Hub, India’s largest startup incubator & venture advisor to SRI Capital, Bitcoin has failed due to $20 transaction fees. Except that since December, for over nine months, the median transaction fee of Bitcoin has remained below $0.2. In December 2017, the demand for Bitcoin and other major cryptocurrencies like Ethereum,… Read More »

Crypto Market Cap to Hit $80 Trillion in 15 Years: Bitcoin Bull Tim Draper

Advertisement Bitcoin bull Tim Draper has predicted that the market capitalization of cryptocurrencies will increase by four hundred times in the coming one and a half decades. Equating the current state of the crypto market to the early days of the internet, Draper, however, warned that the prices of bitcoin and other cryptocurrencies will first have to drop… Read More »

Two-Thirds of Cryptocurrency Investors Want to be Paid in Bitcoin

Advertisement A new survey by HR startup company ChronoBank has found that crypto investors are disappointed in the lack of employers willing to pay salaries in bitcoin and altcoins. Price Instability Doesn’t Phase Crypto Wage Earners The survey of 445 crypto enthusiasts found that while 66% of respondents are willing to receive wages in cryptocurrencies, only 30% believe… Read More »

Binance CEO Zhao: Crypto Market Will ‘Absolutely’ Grow 1000x and More

Advertisement Changpeng Zhao, the CEO of Binance better recognized as CZ, has said that crypto still has room to grow by more than a thousand times in the years to come. Earlier this week, as CCN reported, Ethereum co-creator Vitalik Buterin stated that while the cryptocurrency sector as an industry can grow by a thousand-fold, it is unrealistic… Read More »

Is Bitcoin Basher Jamie Dimon Floating a Presidential Run?

Advertisement JPMorgan CEO and noted bitcoin basher Jamie Dimon says he’s not running for president, but he wants everyone to know that, if he did, he could defeat incumbent President Donald Trump. “I think I could beat Trump” in an election, the Wall Street icon said Wednesday morning, according to a Bloomberg report. “I’m as tough as he… Read More »

Stablecoins Won’t Fix Bitcoin’s Instability: Berkeley Prof.

Advertisement Prof. Barry Eichengreen, an economics professor at UC Berkeley, in an op-ed published in The Guardian, said he believes stablecoins such as tether (USDT) might be stable in value and attractive as units of account, but they are flawed. His piece comes on the heels of the launch of the Gemini dollar (GUSD) by the Winklevoss twins.… Read More »

Dogecoin Creator: “Build it They’ll Come Attitude” in Crypto Doesn’t Work

Advertisement Jackson Palmer, a product developer at Adobe and the creator of Dogecoin, has said that developers in the crypto community will now have to find a way to encourage users of centralized systems to convert to decentralized applications (dApps). Decentralized systems and applications are significantly less efficient in processing information than centralized platforms. As such, incentivizing users… Read More »

Dutch Central Bank Economist: Bitcoin Could Fall More Before Rally

Advertisement Joost van der Burgt, a policy advisor at the Dutch National Bank, said that the Bitcoin price will endure at least one more correction prior to initiating the next mid-term rally. Burgt demonstrated the correlation between Google search activity of the keyword “Bitcoin” and the price chart of BTC, which showed striking similarities from May of last… Read More »

Bitcoin ETF Will Likely Be Approved Next Year: Asset Manager

Advertisement The focus on a Bitcoin ETF has shifted from its possibility thereof to the timing of an imminent approval. With several predictions from different quarters already, recent statements are suggesting 2019 to be a more realistic date of approval. One of the most pertinent questions surrounding Bitcoin today revolves around the anticipated ETF approval by the US… Read More »

Andreas Antonopoulos: A Bitcoin ETF is Inevitable, but Damaging

Advertisement Author of the book ‘Mastering Bitcoin’ and noted bitcoin advocate Andreas Antonopoulos believes that a Bitcoin ETF is imminent. However, he insists that the long-term implication of such fund will do more harm than good for the original cryptocurrency. Intermediary Bitcoin ownership Antonopoulos described an exchange traded fund(ETF) as a fund that has a custodian or a… Read More »