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Is Bitcoin Still Ticking Time Bomb?

Within the last week in the crypto markets, Bitcoin has been surprisingly stable[ish] and has been juggling between $6,450 and $6,600. Some investors have come to the conclusion that the markets are becoming boring and it is even getting to the point where they can’t make quick trades on BitMex using Bitcoin. After looking at the Bitcoin charts, we can see that the last Bitcoin was this stable was during the Spring of last year! During this time, Bitcoin seemed to be able to keep its value at around $1,000 to $1,200 until the mainstream media started discussing digital currencies...

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Roger Ver Slates Bitcoin Team At Malta Summit

One of the biggest names in the industry, Roger Ver has ripped into the core developers of Bitcoin during a recent event hosted in Malta. During his speech at the Malta Delta Summit, Ver argued several points including that many of things that once made Bitcoin popular don’t exist anymore in the current Bitcoin Core network. He included in his argument, the fast, low fees non-reversible payments and reliability. The American investor has been in the industry since the early days and has always had faith in crypto and Bitcoin. He is known for being an adamant support of Bitcoin...

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Why Bitcoin (BTC) Can’t Fall Below $5,800

Bitcoin (BTC) cannot fall below $5,800. There, I said it. It might not be possible to say what price Bitcoin (BTC) might reach by the end of the year. That is because one will have to speculate. However, to see if Bitcoin (BTC) can fall below a certain level, there is no need for speculation. We have plenty of historical data to base our analysis on. There are two straightforward charts that form the basis of this analysis. The first chart is the above weekly chart for BTC/USD. The two lines drawn on the chart form part of the hypothesis...

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Bitcoin Scam Results In A €31 Million Loss

One of the leading countries in the world, famous for the finest wines and cheeses, home of the Eiffel Tower, la France, has been in the news recently but not for the right reasons. The country hasn’t made a stance on where it’s at with cryptocurrency but some of its citizens have been victims of a recent Bitcoin scam according to a recent news report. Around 700 citizens of France have fallen victim to a recent Bitcoin scam which has resulted in a loss of around €31 million. According to the stock market regulators of France, Autorité des marchés Financiers,...

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Is Soujia Boy A Fan Of Bitcoin?

“I made 100 racks off of Bitcoin” Another reference for Bitcoin entering the pop culture world. Soulja Boy’s latest album, Young Drako, which dropped on 4th October has 14 fresh tracks from the rapper including one titled, ‘Bitcoin’. In the tune, Soulja Boy - real name, DeAndre Cortez Way - brags about how much he has made form the cryptocurrency. The song opens with the chorus which asserts that Soulja Boy has made 100 racks of Bitcoin. For those of you who don’t know, a rack is equal to $1,000 which means that Soulja Boy is claiming to have realised...

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