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Throughout history, price controls have never been successful in taming runaway inflation. It is impossible to put controls on the bitcoin price.
Nico Antuna Cooper is a university lecturer and works in the borderland. He witnesses the cultural opportunities of Bitcoin in both Latin America and the United States on a daily basis.
Elon Musk and Tesla just made another move regarding the company’s product line which tells a much bigger story than most people realize. It suggests Tesla’s days are numbered. Cost of Tesla full self-driving option increasing by ~$ 1000 on August 16 — Elon Musk (@elonmusk) July 16, 2019 Another Price Cut and Discontinued Models Tesla’s […]
The post Elon Musk Slashes Prices, Signaling the Start of Tesla’s Death Spiral appeared first on CCN Markets
Following Donald Trump’s sudden and mysterious tweets regarding bitcoin last week, Treasury Secretary Steven Mnuchin held an unexpected press conference on Monday. He used coded language telegraphing the end of bitcoin and cryptocurrency. The Feds Want to Stop Crimes and Stabilize Markets Steven Mnuchin was not lying when he said that the federal government wants […]
The post Treasury Secretary Seals Bitcoin’s Impending Death by a Thousand Cuts appeared first on CCN Markets
In today’s busy world, all of us have some kind of important information that even in this digital era, we keep them on a piece of paper, in a book or sometimes in a safe. This information may include personal, financial, documents, our family and friend’s birthday, important dates in our lives and most importantly […]
The post Put an End to Concerns About Traders’ Money After Their Death appeared first on CCN Markets
Troubled Canadian cryptocurrency exchange Quadrigacx may be newly armed with a 30-day stay from creditors, following the Feb. 5 bankruptcy hearing, but its late CEO’s widow, Jennifer Robertson, is on shifting ground as her affidavit is being picked apart by customers, experts and conspiracy theorists.
Also read: Report Claims Quadrigacx Never Held More Than 1,000BTC
Quadrigacx, until last year the largest Canadian exchange by traded volume, gained notoriety when it filed for bankruptcy protection, claiming that its founder and chief executive officer, Gerald W. Cotten, died in India on Dec. 9 without revealing the keys to cold wallets containing CAD $ 190 million (~US $ 145 million). A Nova Scotia Supreme Court judge on Tuesday granted Quadriga’s request for creditor protection from as many as 115,000 customers.
Following a period of sustained bearish sentiment in the Bitcoin mining market accompanied by three notable hashrate reductions in the final third of 2018, the flagship cryptocurrency’s network appears to be back on its way to optimum health. Bitcoin Reverses Hashrate Decline In December, CCN reported that the flagship Bitcoin blockchain’s hashrate dropped by 7 … Continued
The post What Death Spiral? Bitcoin’s Hashrate is Still Climbing appeared first on CCN
Apple Inc.’s stock flashed a bearish “death cross” for the first time in three years — suggesting that a major selloff could be around the corner. Meanwhile, the bitcoin price climbed more than 10% on December 20 ahead of a possible “Santa rally,” as Coinbase president Asiff Hirji suggested. The comparison is apt because the
The post Bitcoin Price Rallied as Apple Flashed ‘Death Cross’ appeared first on CCN
The latest statistics on initial coin offerings suggest that the best days of the fundraising mechanism may have long passed. According to digital assets newsletter Diar, the month of November recorded the lowest inflows into initial coin offerings (ICOs) in 2018. With US$ 65 million raised last month, this was in sharp contrast to this year’s
The post ICO Death March? November Inflows Fall to $ 65M From Yearly High of $ 2.6 Billion appeared first on CCN
Over the past month, many reports about the materialization of a potential “death spiral” on the Bitcoin network were released, leading investors to be concerned about the short-term trend of the dominant cryptocurrency. According to a security expert and cryptocurrency researcher Andreas Antonopoulos, a death spiral is unlikely to happen in Bitcoin. What is a
The post Why Bitcoin is Not in a Death Spiral, According to Andreas Antonopoulos appeared first on CCN
Earlier this year, with the bitcoin price trading around $ 7,000, Santa Clara University Professor of Finance Atulya Sarin published an opinion piece arguing that the rising cost of crypto mining, coupled with the ability for bearish investors to short bitcoin in the futures markets, could spell doom for the flagship cryptocurrency. Now, following a further
The post ‘Worthless’ Bitcoin Has Entered Death Spiral: Finance Professor appeared first on CCN
John McAfee, cryptocurrency enthusiast, presidential aspirant, and millionaire founder of the near-ubiquitous McAfee Antivirus, has been found legally liable for the death of his former neighbor, Gregory Faull, who was found dead with a gunshot wound to his head back in 2012, the Register reports. The final verdict was reached in a US district court in
The post Court: Crypto Shill John McAfee Liable for Neighbor’s 2012 Death appeared first on CCN
Kim Dotcom, a German-Finnish Internet entrepreneur and a renowned investor in crypto, stated that the US economy will inevitably crash in the years to come. If US markets deteriorate in the long-term, as predicted by recognized economists including Peter Schiff and Nouriel Roubini, Dotcom firmly stated that crypto will appeal to investors as a robust
The post Investor: US Debt is a Death Spiral That Cannot be Undone, Buy Crypto appeared first on CCN
The hype surrounding blockchain and cryptocurrency has simmered to a dull roar. Last December, the markets spiked as traders drooled over the thought of lining their pockets. They believed they would be billionaires. They had erotic dreams of lambos, mansions, hookers and blow. Many of them embraced a get-rich-quick, shit-brained mentality. They put speculation over philosophy. The majority of them got financially destroyed for their greed. In their fragilista-like thinking, they either forgot the purpose of the technology or came into the space without acknowledging the crypto-anarchism that created it.
Also read: Markets Update: Stable Cryptocurrencies and Unstable Pegged Coins
An unfortunate man in Norway was murdered over what appears to be a Bitcoin trade gone wrong.
What appears to be a trade gone wrong has resulted in the tragic loss of a life in Oslo, Norway. Local Norwegian media outlet TV 2 reported news of the murder on Monday morning. The grizzly stabbing occurred in the 24-year-old’s apartment in the upmarket Oslo neighborhood of Majorstuen.
If you are a young fortune-hunter toiling away on a computer in a basement, the prospect of death probably isn’t among your top considerations. Equally, if the main draw to crypto is its relative privacy, you may not be particularly eager to share your private keys with your loved ones, as a hacker could sift through your papers, weaponize your keys and empty your savings.
Also read: Death & Bitcoin: How I Prepared My Family’s Digital Inheritance
The video game console is dying, and AAA game publisher Ubisoft wants to help craft the standards that guide the development of one of the technologies that may one day replace it: blockchain. Ubisoft Joins Blockchain Game Alliance Toward that end, the French gaming giant has signed on as a founding member of the Blockchain
The post Ubisoft Joins Blockchain Game Alliance as Publishers Anticipate Death of the Video Game Console appeared first on CCN
For many, the experience of adding crypto coins to their financial portfolios has proven to be the thrill of a lifetime. As a new type of holding with a unique set of tools and rules, cryptocurrency is wealth with its own wow factor.
But at some point, the giddiness of fiscal discovery should be followed by a sobering reality: life is short. While established roadmaps have long existed for the orderly passing on of most worldly properties, titles, debts, rights and obligations upon a person’s death, the same can’t be said for cryptoassets.
Bitcoin’s three-day winning streak is encouraging for the bulls, but a quick move above $ 10,500 is needed to neutralize the so-called “death cross.”
CoinDesk
