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Yale’s Robert Shiller Is Pessimistic About Bitcoin Price

Bitcoin (BTC) will eventually die: Nobel Prize-winning economist Robert Shiller gave interesting but pessimistic remarks which shatter Bitcoin’s price fundamentals. The Bitcoin price bull-run seems to have paused after increasing skepticism from economist and technical analysts; they continue revealing bearish outlooks for Bitcoin in both the short and the long-run.

Bitcoin Price Watch – BTC/USD Rallies Back To $8,500

This week, Bitcoin price saw a continuous decline thanks to multiple new developments in the industry that could spell tighter rules against cryptocurrencies. This was highlighted by Google’s proposed ban on crypto advertising on its platform, similar to the restrictions set by Facebook in January that took the coin’s price down by 12%.

What is a Bitcoin fork?

If you’re new to cryptocurrency, you have probably spent the last couple of hours being ruthlessly inundated with a whole new dictionary of terms: ‘Blockchain’, ‘Forking’, ‘Mining’… you’ve probably also visited half a dozen forums with the aim of getting a firm hold on exactly what these terms mean, and have come away more confused than when you started. This article is a real, from-the-ground-up, back-to-basics explanation of one particular term: Forking. But first, let’s get the fundamentals down before we discuss a bitcoin fork.

UK Entrepreneurs Sell 50 Apartments in Dubai for Bitcoin

At this point, it’s fair to say the cryptocurrency industry is constantly evolving. Over the course of the past couple of months, we have seen a number of countries roll out new uses for virtual currencies. In Canada, for instance, individuals can now use Bitcoin to purchase meals from KFC. In Australia, travelers will soon be able to purchase items using Bitcoin in the Brisbane Airport. Now, we’ve been informed that luxury flats in Dubai can be purchased with the virtual currency. In fact, there have already been 50 flats sold in Dubai for Bitcoin.

Bitcoin Will Surge Further – Here’s Why

Bitcoin predictions: Cryptocurrencies have been stabilizing over the past three days – something rather unprecedented. Markets had witnessed Bitcoin’s upside volatility last year but found it equally volatile on the downside; the slump from $19,000 to less than $6,000 in last month alone vindicated the instability for both trends.  

Analysts Predict Bitcoin Will Hit $50K in 2018

Bitcoin prediction: It’s been the roughest week yet for cryptocurrencies as the price of Bitcoin sank to just over $6000 – its lowest since November. This, coupled with regulatory fears and ICO scams, has led to increasingly bearish sentiments towards the cryptocurrency market in general. It has lost $340 billion USD since the start of the year. So it’s great news for investors today, as the price of Bitcoin unexpectedly soared 11.4% – over $800 USD – from last night’s low, at 3:30 pm EST this afternoon (the time of writing). But the even bigger news is that analysts are predicting Bitcoin to hit $50K this year.

Bitcoin Price Crash: Don’t Ignore the Cost of Production

Bitcoin (BTC) price grew in the second half of 2017. The digital currency peaked above $19,000 at the end of last year but, lost nearly half of its value in the new few weeks. Bitcoin continues to trade in a narrow range over the last two weeks is currently trading around the $11,000 mark. Traders blame the lack of regulation for the huge plunge in prices, however, they are ignoring the growth in bitcoin miners and the decline in the cost of production.

Could Russia Solve the Crypto Crisis?

The crypto market is in a shambles the past couple of weeks as swathes of governmental regulations give investors cold feet. After last weekend failed to reinvigorate the market, many enthusiasts will be wondering where to look for some positive news. It may be on the way…