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Time Is The Only Cure For Bitcoin’s Price Volatility Issues

One of the most common (and most valid) criticisms thrown bitcoin’s way over the years has been the issue of price volatility. With price swings of 10 percent or more in a single day, how is anyone supposed to use this digital asset as a real-world currency? While a number of different theories have been discussed in terms of how bitcoin will eventually become a less volatile form of money, the reality is there is only one real solution to this problem: time. Bitcoin’s Future Price Has a Wide Range There are plenty of people who are bullish on the...

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Novogratz Thinks 2019 Will Be Bitcoins Year

The CEO and founder of the cryptocurrency fund Galaxy Digital, Mike Novogratz has recently gone onto TV to talk about the ongoing developments in the crypto space. Novogratz went on television to do an interview with Bloomberg recently to explain why he believes the first two quarters of next year will be the time for Bitcoin to thrive. The Galaxy Digital CEO is well known for being pro-Bitcoin and has previously declared the bottom of the cryptocurrency market whilst being consistent on being bullish for the digital currency. Novogratz’s appearance on Bloomberg highlighted the latest news that one of the...

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Bitcoin Scammer Arrested In Thailand

The $34 million Bitcoin scam has its prime suspect named Prinya Jaravijit who was arrested in Thailand after returning to the country. Jaravijit is allegedly part of a scam which saw a man from Finland, Aarini Otava Saarimaa scammed out of over 5,500 Bitcoins, this would be worth around $34 million in today's market. The scam originally came to light during early August this year. According to Bitcoin News: “The victim believed that he was investing in Dragon Coin, but the cryptocurrency he handed over was laundered through several wallets and used to invest in real estate instead. He eventually...

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Bitcoin Almost Hit $7,500 This Weekend

The start to this week saw Bitcoin investors, and the market as a whole, shocked as the self-proclaimed stablecoin, Tether dropped 6% below the USD during a growing sense of confusion within the crypto space. In the early hours of Monday morning, crypto assets seemed to be on the upside and looked strong. However, numbers continued to waste away during the commotion. As users searched on the internet to find out what was the stimulant behind the influx, it became clear that there was something wrong. Furthermore, Bitcoin had somehow overshadowed the $7,200 mark on platforms that all support USDT...

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Don’t Underestimate China’s Power In Bitcoin

There has been a wealth of news of late about China and the Chinese authorities new position on cryptocurrency. In the shortest possible terms, the government want to totally ban cryptocurrency trading and investment and wish to stamp out the Bitcoin culture that has slowly built up in China. Whilst this could pose problems for companies like TRON and NEO, overall, the actual power China have here is being underestimated. The international cryptocurrency community seem to be hiding from the facts. Many say that China can’t just stamp crypto out and many more believe that if they do, the impact...

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