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What An Actual Crypto Crash Would Look Like

Recent growth in the cryptocurrency markets has caused many to speculate that the sector currently exists in the middle of a bubble and people are understandably worried. With the notorious dotcom crash and the resultant severity of the financial crisis that it spawned still raw in the memories of many investors, fears are rife that the popping of this particular bubble could prove disastrous for the world economy. Putting aside the ways and means in which the Bitcoin bubble might conceivably burst (and rest assured, for every scenario, there will be developers and tech leaders working on a preventative solution)...

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Australia’s Bondi Brothers Quit Their Day Jobs And Commit To Crypto Trading

Daniel Colosi and Stephen Lenoci, a pair of Australian investors who operate under the moniker of the Bondi Brothers, have been making waves in the cryptocurrency markets. If their claims are to be believed, the pair make, on average, a cool AUD$2,000 a day solely through the trading of various digital currencies. The Bondi Brothers are relative newcomers to the scene, having only purchased their initial stock of altcoins within the last year, but they have swiftly become recognised as experts in the world of cryptocurrency trading. Their initial investment of AUD$5,000 has soared to a little under AUD$200,000 and,...

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Visa CEO Won't Process Transactions In Bitcoin

Despite being the largest, most popular, and most widely-recognised brand in the world of cryptocurrency, Bitcoin has failed to convince everyone of its worth. The Chief Executive Officer of Visa, Alfred Kelly, is one of those doubters. In a recent interview with CNBC, the head of the world’s largest provider of credit cards said that their company did not consider Bitcoin, or any of its competitors, to be a payment system, and that they would not process any transactions made using the digital currency. Speaking at the recent National Retail Federation conference, Kelly said that Visa would only process transactions...

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Why We Should Not Be Banning Cryptocurrencies

At a time when many investors, banks, regulators and government bodies see cryptocurrencies as being nothing more than a bubble that is set to burst at any moment, one professional believes that actually banning them is not the answer. Despite Bitcoin being fundamentally flawed, he believes that the innovation of blockchains and cryptocurrencies is actually too important, and therefore banning cryptocurrencies is not the answer. Cryptocurrencies and blockchain technology is a completely new way of doing business. It is still a relatively new subject. Bitcoin is the oldest, and even that is only nine years old. This means that we...

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Things That Are More Important Than The Ethereum Price Crash

It is no secrets that over the past couple of days the cryptocurrency world has been on a downward spiral. Up until very recently Ethereum was actually fairing quite well and the prices were holding up; however, on Tuesday, these prices fell by 25.27%, bringing the Ethereum to USD rate down to $831.27. This recent crash though, as had some unexpected effects. Novice investors are fleeing the market, but more experienced traders are welcoming this price crash. One Reddit user wrote; “Having been in this market since the beginning (yes 2014), I have seen many corrections and dip…Corrections help shake...

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