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It’s Finished For This Finnish Bitcoin Scam

It is rare that Finland and Bitcoin scams are mentioned in the same sentence, according to reports from today though, this certainly seems to be the case, in an event that has seen a famous Thai actor by the name of Jiratpisit Jaravijit, scam 22-year-old Aarni Otava Saarimaa out of a large amount of Bitcoin. It seems even celebrity endorsement isn’t enough to keep some off the scam rails. Image sourced from - Bangkok Post According to the reports, Jaravijit, better known as ‘Boom’ encouraged Saarimaa to send various amounts of Bitcoin to a number of addresses that were allegedly...

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I Have Bitcoin, The Elephant In The Room

Have you ever told someone you own bitcoin or any cryptocurrency for that matter and had them look at you like you were crazy? I tell them don’t worry about bitcoin, just worry about the technology behind it. It’s no secret giant companies are exploring and implementing the tech, not to mention acquiring dozens of patents. I’m a firm believer of blockchain technology although I’m a realist at the same time, I come from traditional finance and I feel I'm seeing both sides of the fence clearly. We are sceptical of anything we don’t understand or when we can’t grasp...

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Bitcoin Core Developer Could Have Wiped Bitcoin Cash From Existence

According to reports out last week, a lone Bitcoin Core developer found a huge vulnerability on the Bitcoin Cash network back in April, one that could have been used to cause some serious damage to Bitcoin Cash. Now, before I continue, let’s just remember that there’s a lot of tension between Bitcoin Core and Bitcoin Cash, with both claiming to be the ‘original Bitcoin’, therefore, being presented with an opportunity like this could have been a bit of a goldmine for the developer in question. Instead, Cory Fields, Bitcoin Core developer, used the information to inform the Bitcoin Cash development...

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Is Google Influencing The Price Of Bitcoin?

Could it be possible that a rise in the trend of Bitcoin related search terms, could be helping change the price of Bitcoin? Bear with me because this isn’t suggesting Google searches have a direct manipulative impact on the value of the markets, but new research does show that Google Search trends could be used to help investors predict what might happen next. A study called ‘Risks and Returns of Cryptocurrency’ by Yale University Economists Yukun Lin and Aleh Tsyvinski has found a correlation between Google trends and the value of various cryptocurrencies. They believe that the findings indicate market...

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Bitcoin (BTC) Bounces Off $6,000 Over The Weekend, But Will It Continue To Rise?

Bitcoin (BTC) bounced strongly and cleanly off the exact $6,000 level as can be seen on the BTC/USD daily chart above. The price crashed hard on Friday but since then, it has now formed two consecutive green candles over the weekend. While this may be something every bull wants to see, weekend activity generally does not matter much as most traders are away on weekends and the low volume makes it easy for a few big players to manipulate the market. It is true that a lot of Bitcoin (BTC) buying has been going on in OTC markets over the...

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