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Bill Gates Warning To All Bitcoin Investors

Bitcoin had a few positive weeks, but this could all be about to change again, after the Berkshire Hathaway meeting, where some did not have very kind things to say about the number one cryptocurrency at all. One of these was Microsoft co-founder and Berkshire member Bill Gates. The CEO of Berkshire Hathaway Warren Buffett has openly criticised Bitcoin, and other cryptocurrencies, and in recent months has said a number of negative things. One of the main problems that he has with the cryptocurrencies is that they are not productive assets – they are only valuable because investors are interested...

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Bitcoin (BTC): Best and Worst Case Scenarios Analyzed

Bitcoin (BTC) currently trades above $9200 and is well on its way as far as our bullish scenario is concerned. I’ll start with the best case Bitcoin (BTC) scenario first because that is also the most likely one. As you can see in the chart above, Bitcoin (BTC) is currently following a similar price action to that of late 2013. This means that we could continue to see some accumulation over the next few weeks followed by a very exuberant bull run in the form of big long candles just like we did back in 2013. The charts look extremely...

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Is Bitcoin About To Go Physical?

Despite being very much a virtual currency, Bitcoin is going physical. Tangem, which is a start up, operating from Switzerland and Singapore have announced that they are launching a pilot sale of physical notes of Bitcoin. It might take more persuasion for many people to get on board with this idea, as part of the reason that people like cryptocurrencies is the anonymity of transactions and the speed at which they can be processed. That said, it might be a step towards Bitcoin replacing fiat currency, which was the aim when it was developed years ago. So, just how will...

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What Will Happen When We Run Out Of Bitcoin?

April was a busy month for Bitcoin, as it hit a big milestone, when the 17millionth Bitcoin was mined. This means that there are just four million coins left to mine before the 21 million Bitcoin cap is then reached. That said, we should note that it will take a long, long time before this figure is reached, with reports today suggesting that nobody that is alive now will see this happening. This is because, if the protocol stays as it is, the Bitcoin cap will be reached in 2140, which is a huge 122 years from now. So, just...

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Bitcoin and Ethereum Will Lead Markets Beyond $500Billion

Last week, CCN reported a stunning statistic in which they have revealed that Bitcoin and Ethereum have helped to lead the cryptocurrency markets up beyond $450Billion, kickstarting rumours that suggest by the middle of May, the markets could reach $500Billion, or, Half a Trillion. According to CCN: “The rapid increase in the price of Ether is said to have been fueled by the analysis of respected experts and analysts who have emphasized that Ether is not a security under the laws of the US Securities and Exchange Commission (SEC).” Moreover “Over the past two weeks, bitcoin has continued to demonstrate...

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