Market Quotes by TradingView
cryptocurrency buzz A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.
Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.
Most cryptocurrencies are designed to decrease in production over time like Bitcoin, which creates a market cap on them. That’s different from fiat currencies where financial institutions can always create more, hence inflation. Bitcoin will never have more than 21 million coins in circulation. The technical system on which all cryptocurrencies are based on was created by Satoshi Nakamoto.
Will Bitcoin Price Bounce Back to $3,000? Buz Traded Bitcoin Price Bounce Bitcoin entrepreneur Vinny Lingham has made a rather bold prediction: that the Bitcoin price (BTC price) will rise to the $3,000 range later this year and then become a true powerhouse. In contrast to that daring and rosy picture, Lingham views trading spikes as
BTC Price: One of Bitcoin’s Biggest Applications May Be a Lie Buz Investors Bitcoin’s Biggest Applications Bitcoin (BTC) took a steep hit on Thursday, falling 13% by early afternoon trading. But more worrisome for the long-term outlook of the BTC price is that some are denouncing the currency as underperforming in one key area of
Is the Bitcoin Price About to Repeat the Collapse of 2013? Buz Investors BULLISH ( Traded Right ) Bitcoin Price About to Repeat It may be 2017, but for Bitcoin (BTC) investors, it’s looking a lot like 2013. That’s when the Bitcoin price reached its all-time high then promptly crashed, collapsing by nearly 50% within a month.
The Bitcoin Price Bubble Is Far from Over Buz Investors BULLISH ( Traded Right ) Bitcoin Price Bubble The media is abuzz about Bitcoin (BTC) and the Bitcoin price, and with good reason. This cryptocurrency is revisiting a major milestone in the price, which was set in November 2013, and the developments—or lack thereof—with regards to the
Bitcoin Price Hits a Huge Milestone Buz Investirs Huge Milestone The Bitcoin price (BTC price) has recently hit the $1,000 level, a threshold that the cryptocurrency hasn’t been near since late 2013. The Bitcoin price rose nearly 130% in 2016, spurred on by political instability in several countries and the devaluation of the Chinese yuan,