Bitcoin

MrBitcoin December 29, 2017

Blockchain technology, as an overarching industry, has developed leaps and bounds from its geeky, white, cypher-punk roots of yore. (“Yore” being 2015, as it was only a couple years ago that I was a total outlier for simply being a moderate liberal.) When I first entered this space, in earnest, at the end of 2013, […]

MrBitcoin December 29, 2017

Samuel Rae · December 28, 2017 · 9:00 pm Poloniex just reported that it’s going to require verification for legacy accounts. Here’s what’s what you need to know:  On December 27, 2017, cryptocurrency exchange Poloniex released this press release. The release outlines that fact that the company will soon start requiring that every account held […]

MrBitcoin November 27, 2017

Joseph Grundfest, commissioner for the Securities and Exchange Commission (SEC), and now Stanford Law professor, says that Initial Coin Offerings are an almost comedic violation of securities law, and should absolutely be regulated immediately. He’s so convinced, in fact, that he has been contacting the current administration to pursue them. He said: “ICOs represent the most […]

MrBitcoin November 27, 2017

Ashour Iesho · November 27, 2017 · 12:30 pm Over the past few years, Bitcoin’s difficulty and hash rates have steadily risen exponentially. So too has the electricity consumption of Bitcoin miners has risen as well, which is causing some concern among experts. Rising Demand for Electricity Bitcoin’s price is not the only thing that has been rising […]

MrBitcoin November 27, 2017

We’ve just closed out on the European session and it’s time to put together the second of our twice daily analyses in the bitcoin price. This morning’s analysis was pretty simple – we wanted to see a continuation of the upside run with, ideally, a clean break through the $10,000 mark and – subsequently – […]

MrBitcoin November 27, 2017

Over the last 7 days, bitcoin has seen further, rapid growth as it manages to squeeze a $2,000 rally leading into its current all-time high in the $9700s — a staggering 25% growth in 7 days. As discussed in previous bitcoin market analyses, the bitcoin market has progressed in a parabolic envelope: Figure 1: BTC-USD, […]