Within three hours after its listing of bitcoin futures, the website and online trading platform of the Chicago Board Options Exchange (CBOE) were inaccessible, due to an unexpected spike in demand and volume.
The poll of former Texas congressman Ron Paul participated by more than 43,000 social media users has shown that the majority of respondents would rather have bitcoin over gold, US Treasury Bond, and the US dollar.
Legendary billionaire hedge fund investor Mike Novogratz stated that there may be a bubble in bitcoin in certain regions but the cryptocurrency itself isn’t a bubble.
As CCN previously reported, Novogratz noted that bitcoin and the cryptocurrency market could become the biggest bubble “of our lifetimes.
Earlier this month, Turkish Central Bank Governor Murat Cetinkaya emphasized that bitcoin could contribute to global financial stability with its decentralized and peer-to-peer (P2P) financial network.
Turkish Central Bank Feels Threatened by Bitcoin
The decentralized structure and nature of bitcoin completely eliminates the necessity of central entities and authorities within the network to settle transactions between two parties.
Earlier today, on December 2, the bitcoin price recovered to $10,500, after dipping below $9,000 on November 30.
Since November 1, within a one-month span, the bitcoin price demonstrated a staggering 42.
After surging to $11,441, establishing a new all-time high for the third time this week, the bitcoin price has declined to $9,200.
On November 29, CCN reported that the price of bitcoin surged from around $10,000 to $10,884, recording an $800 daily increase in value.
Bitcoin Cash, Litecoin, and Ethereum price have declined by over 20 percent over the past 24 hours, as the entire cryptocurrency market experienced a major correction.
Bitcoin Cash declined to the $1,200 region for the first time since November 12, while the price of Ether has dropped below $400 after surging to nearly $500 in the past week.
The Bitcoin network consumes more electricity than 159 individual countries including ireland, a new report by CBS revealed. In contrary to most claims, bitcoin’s massive consumption of electricity is a positive aspect of the cryptocurrency, as it provides more security value to the network.
Proof-of-Work is Important For Bitcoin
Earlier this year, in a response to JPMorgan CEO Jamie Dimon’s baseless condemnation on bitcoin, security expert John McAfee stated on CNBC’s Fast Money that bitcoin is a better store of value and a currency than all fiat currencies including the US dollar, because of its decentralized nature and the resources required to generate or produce new bitcoins.
Кто знает подойдет ли этот кошелек для постоянного приема в сатоши? Я просто майнить не решился, но написал несколько ботов для того, чтобы они собирали с кранов монеты. Я так понял, что это веб-кошел...