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How History Stock Crashes Could Impact Bitcoin

Ever since Bitcoin took a miraculous rise to the $20,000 mark, there has been a lot of criticism and controversy surrounding it. The extremely high rate of volatility in the market has made people likened the digital to some investible assets that surged in price and later crashed in previous years. Today, we’re going to look at a few famous crashes in investment history that have taken place and how Bitcoin could suffer a similar fate. Dotcom Dotcom is one of these famous crashes in history. From 1995-2000, there was a massive adoption in the use of the internet which...

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Sally Ho's Technical Analysis 13th March 2019

Bitcoin (BTC/USD) found a Bid during yesterday’s North American session as Buyers pushed the pair to the 3875.33 level, just below the 23.6% retracement of the appreciation from 3655.00 to 3947.33. Bulls pushed BTC higher early in today’s Asian session, electing Stops above the 100-bar MA (4-hour) and 50-bar MA (4-hour) with some Bids supporting the pair above the latter (3853.97) in early Asian dealing. Technical Support is expected around 3763.33/ 3684.13/ 3620.14 with Stops expected below. Technical Resistance is expected around 3977.30/ 3987.97/ 3997.63/ 4026.62/ 4062.82 with Stops expected above. Upside price objectives remain around the 4163/ 4358/ 4673...

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Peter Todd: EOS Is Terrible, Bitcoin Probably Most Successful Smart Contracts Platform

During the 2019 MIT Bitcoin Expo over the weekend, applied cryptography consultant Peter Todd was asked to share his thoughts on the new wave of more permissioned smart contracting platforms such as EOS. “I think nearly all of them are terrible with atrocious technology that makes no sense,” Todd responded bluntly. Using EOS as an example, Todd noted that the problem with these sorts of platforms is they’re trying to build a system for smart contracts by throwing everything onto the blockchain, which isn’t scalable. Todd added that this lack of scalability may have been deliberate in the case of...

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4 Corporations That Could Boost Bitcoin Adoption

The main idea of Bitcoin is the remove the role and purpose of a central authority when it comes to finances, but where Bitcoin eventually end up will be primarily affected by the actions of centralised corporate third parties. Hackernoon’s Shingai Thornton looked into how some of the world’s biggest companies are exploring the implementation of blockchain and crypto into their operations and thinking about the technology to offer a starting point for assessing the role they might play in driving the adoption of the emerging technology class. Samsung There was a lot of rumours that Samsung would be announcing...

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Bitcoin (BTC) More Likely To Plunge Below $3,000 Than To Form Golden Cross

Bitcoin (BTC) is more likely to crash hard below $3,000 than to form a golden cross that many expect it to. Throughout the course of this bear trend, we have seen orchestrated attempts to misguide the masses so they are forced to walk into the trap. When BTC/USD started to decline from its all-time high, the masses were made to believe that this was just a normal pullback and that Bitcoin (BTC) is still going to $50,000 long term. Similarly, when the price started to rise in February, 2018, FOMO was injected back into the market which trapped a lot...

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