Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. Founder Jihan Wu says he’s basically examining the possibilities of a listing in Hong Kong or “an overseas market with U.S. dollar-denominated shares.” This, he says, would give early investors the chance to cash out….
“Trading technicians focus on three general trends: First, and most importantly, is the macro or long-term trend. This is also referred to as a secular trend. Second, is the medium or primary term trend. Third, is the micro, secondary, or short-term trend. These terms refer to different time periods for different markets, but roughly speaking…
We can buy or sell Bitcoins with anybody. For instance, we could buy Bitcoins locally with Zebpay.com, Unocoin.com, coinbase.com Here is a sample screen: “There are few noticeable and interesting developments in this market: 1. Online prices are more consistent than what we would expect them to be. 2. Local prices could be both over and under the online…
Raising questions about how one’s identity is tied to Bitcoin and its use is understandable. It can be more than a little confusing to parse what aspects of one’s name and personal information will be tied to the blockchain. While it carries a reputation for allowing users to operate in the shadows, you may also know that…
In midst of different mindset emerging toward the future of cryptocurrency, South Korea’s Supreme Court ruled that bitcoin is a legally recognisable asset. The landmark ruling occurred on May 30, 2018, and it overturns a decision made by one of the country’s lower courts in a case dating back to last year. In September of…
Bitcoin was came to life in November 1st, 2008 with an email from Satoshi Nakamoto to the [email protected] I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. The paper is available at:http://www.bitcoin.org/bitcoin.pdf The main properties: Double-spending is prevented with a peer-to-peer network. No mint or other trusted parties….
Apple co-founder Steve Wozniak said a few positive things about Bitcoin. In a recent interview with CNBC, the computer mogul admitted that he hopes bitcoin will become a single digital global currency and that he shares the sentiment of Twitter and Square CEO Jack Dorsey, who expressed his belief last March that bitcoin will become a unifying…
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new startups(not neccasrily, could be old running companies) sell their crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. ICOs are a relatively new…
Researchers from the University of Sydney, the University of Technology Sydney and the Stockholm School of Economics in Riga indicate that a quarter of all bitcoin users are associated with illegal activities. The use of bitcoin for illegal purposes has been quite a controversial aspect of the crypto world, although it always remain hidden in…
“All great ideas are dangerous.” Oscar Wilde Bitcoin is the bridge to a new, free, dependable, honest, and democratic world. Of course we can simply use Bitcoins for fun, profit, and online transactions if that is all we are after. For example, if we send money from our traditional bank account to an acquaintance of…
