Today's Hot Topics

Here Is Why Gold Can’t Keep Up With Bitcoin

In a world of scarce resources, clichés seem to abound. There is too many of them, and one of the most prominent ones when it comes to cryptocurrency refers to Bitcoin as the digital equivalent of gold. Nevertheless, when the price of this so called ‘digital gold’ quadruples that of its physical equivalent per unit – if a troy ounce could ever be equated to 1BTC – then it is time to call the cliché into question. The truth is that gold prices cannot keep up with gold because the comparison is profoundly flawed. When we Equate Bitcoin to Gold,...

Read More

Price Of Bitcoin Reaches All Time High!

This is good news for all who have invested in Bitcoin, as the value has reached a new all-time high of nearly $6000. Avoid Bitcoin investors will no doubt have watched the price rise to a new high of $5,856.10 in the early hours of the morning. This record comes very soon after it had already set new heights by exceeding the $5,000 mark yesterday. In just short of three hours, we saw the price rise by hundreds. It was quite extraordinary! The lowest price was just $5,396, which is still arguably a great price. What’s more, is that this...

Read More

Trace Mayer Predicts Bitcoin Will Hit $27,395 USD By February 2018

In the world of cryptocurrency there are all kinds of predictions floating around. Some seem too far fetched – like McAfee’s $500,000 USD per coin in 3 years for example. But others, while they seem exaggerated, for some reason feel like they are just under the threshold of the unattainable, especially when an expert makes them. This is the case of Trace Mayer’s most recent price prediction. Mayer sustains that bitcoin prices will hit $27,395 USD by February 2018. That looks like a huge number given current prices and the looming contentious SegWit2X fork. Nevertheless, it feels like it is...

Read More

Do Millennials Actually Like Bitcoin?

Despite early research suggesting that it would millennials and affluent people that would be the most likely to use digital currencies like Bitcoin, this could no longer be the case. Previous research even went as far to say that these groups were in fact the driving force behind the mainstream adoption of the digital currency in the future, but newer research and figures suggest something different. Vlad Tenev, the co-founder of popular stock trading app Robinhood, has spoken against Bitcoin being the preferred investment opportunity for young adults, and instead expects equities and stocks to instead stay in favour. This...

Read More

Here’s Why Bitcoin Makes Major Banks Nervous…

Major banks have always been very sceptical of crypto currencies, and in particular, Bitcoin, and this scepticism has only increased along with Bitcoins popularity. To put it simply, the banks want to destroy Bitcoin, before Bitcoin gets to the bank. Before Bitcoins and cryptocurrencies were around, the idea surrounding this backstreet currency was one that was used by thieves and drug dealers on the dark web. However, this is not the case now, and since the introduction of Bitcoin and other cryptocurrencies, ICO’s and blockchain technology, they are now posing a legitimate threat on traditional banks, which has understandably left...

Read More