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Chatter Report: Vitalik Doesn’t Believe in Proof of Work, Chris Pacia Discusses Big Blocks

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Vitalik Doesn’t Believe in Proof of Work, Pacia Clarifies Stance on Large Blocks

In this latest roundup of crypto chatter from social media, Vitalik Buterin sparks debate by declaring that he doesn’t believe in proof of work. Also, developer Rhett Creighton is accused of foul play in the Bitcoin Private pre-mine scandal. Finally, Chris Pacia clarifies his stance on large block limitations.

Also read: A Look at Some of 2018’s Most Popular Cryptocurrency Traders

Vitalik Doesn’t Believe in Proof of Work

Ethereum founder Vitalik Buterin turned a lot of heads recently when he tweeted to Bitcoin maximalist Giacomo Zucco that he doesn’t “believe in proof of work.”

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Nigerian Blockchain Experts Believe Crypto Can Boost African Economy

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When we talk about worldwide crypto adoption, one of the most untapped places in the world is Africa. Nigerian blockchain experts have called for greater regulation of cryptocurrency on the African continent to strengthen the sector in the region and to help boost the economy. Although most crypto-fanatics will pour scorn on any talk of

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62% of Auto Execs Believe Blockchain Will Disrupt Industry within 3 Years: IBM Study

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The auto industry is betting big on blockchain. In fact, a whopping 62% of auto executives say the technology underpinning bitcoin will be a disruptive force in the industry by 2021. Moreover, 95% of carmakers plan to make “moderate to significant” blockchain investments over the next three years, according to a report by the IBM Institute

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Investors Believe XRP Is Better Than Bitcoin And FIAT For Money Transfers

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Investors Believe XRP Is Better Than Bitcoin And FIAT For Money Transfers

It’s pretty common to see Bitcoin compared to FIAT and XRP compared to FIAT in the argument over which is the best for the facilitation of money transfer, however it’s pretty rare that we see XRP compared with both Bitcoin and FIAT at the same time.

This is because XRP isn’t really considered a direct competitor to Bitcoin – generally,. They do different things. If we dig right back to the fundamental level of simple money transfers though, many do argue that XRP is far better for the facilitation of this than both Bitcoin and FIAT.  Read more...

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‘Those in the Know’ Believe Cryptocurrencies will Turn Around in November

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‘Those in the Know’ Believe Cryptocurrencies will Turn Around in November

Bitcoin is flashing bullish signs. In light of the September 30 SEC decision on the VanEck/ SolidX Bitcoin-ETF, a growing number of experts forecast that November will mark a final turnaround in cryptocurrency prices. 

When, ETF?

Bitcoin price has literally been all over the place and the last two months have seen it pinned between $ 6,000 to $ 8,000.

Bitcoin price has literally been all over the place, and the last two months have seen it pinned between $ 6,000 to $ 8,000. Often times, speculation drives investor decisions and market sentiments in the world of cryptocurrency. It’s safe to say that right now a large number of investors have their fingers crossed in hopes of the U.S. Security and Exchange Commission (SEC) approving a Bitcoin Exchange Traded Fund (ETF) sooner than later.  Read more...

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40% of Enterprises Believe Blockchain is ‘Overhyped’: Deloitte Global Survey

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According to the Deloitte 2018 global blockchain survey, almost 39% of the respondents were of the view that blockchain technology was ‘overhyped’. In the study in which over 1,000 blockchain-savvy executives at firms boasting annual revenues of $ 0.5 billion or more in the United States, the United Kingdom, Canada, Mexico, Germany, France and China were

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82% Of Institutional Investors ‘Believe Bitcoin Has Bottomed,’ Fundstrat Survey Finds

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Fundstrat Global Advisors cofounder Tom Lee has revealed traditional finance strongly favors cryptocurrency after a personal survey convinced him “big money” will soon enter the market.

Lee: Results Are ‘Leading Indicator’ For Crypto Capital Influx

Uploading the results of a questionnaire he delivered to invitees of a small gathering April 23, Lee, who is famous for his positive Bitcoin price outlook, said the “small group” of institutional investors “believe BTC has bottomed.”

tom lee Bitcoin price Fundstrat

Attending were a crypto and traditional macro hedge funds, players Lee described as “long-only.”

“We see this as a leading indicator for inflows of big money into Crypto,” he commented.  Read more...

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