If you think you’ve already missed bitcoin’s biggest price gains, think again. The Winklevoss Twins think bitcoin has plenty of room to run and is wildly undervalued at anything less than a $7 trillion market capitalization. For perspective, bitcoin’s current market cap is $229 billion. Continue reading Bitcoin ‘Undervalued’ Until It Hits $7 Trillion Market Cap
On May 22, 2018, the U.S. Securities and Exchange Commission (SEC) filed a complaint against Titanium Blockchain, an Israeli start up in the middle of its ICO at the time. According to the SEC, the firm had violated the commission’s registration and anti-fraud regulations in the process of raising funding from investors. Continue reading TITANIUM BLOCKCHAIN: WHY IT FAILED
Mass adoption of Bitcoin is the ultimate endgame for many developers and advocates of the most popular crypto asset today. The real visionaries of the space hope for a world in which the national government’s power is eroded by trustless forms of currency and governance enabled by blockchain technology. Under this scenario, individuals around the globe would make near-instant, cheap payments for goods and services without intermediaries, using second layer Bitcoin scaling protocols such as the Lightning Network. And the corporations requiring the most secure transfers would likely dominate activity on the mainchain. Naturally, with a huge percentage of the planet’s wealth being stored in Bitcoin, the would be many times greater than it is now. For example, if Bitcoin was to exceed the market capitalization of gold ($7.8 trillion), the price of a single Bitcoin, presuming that all were mined and none was lost (but they are), would be around $371,430. Continue reading Bitcoin Mass Adoption: When Should We Expect It?
In the early days, Bitcoin was often inaccurately considered to be an anonymous digital currency. We now know that’s not true. Bitcoin is pseudonymous in nature, not anonymous, highly transparent, and can be easily tracked through blockchain forensics tracking. Whether or not the pseudonymity is good or bad depends on who you ask. While blockchain forensics tracking can be used to track cryptocurrency, individuals can easily employ a number of
practices to improve their anonymity. Continue reading Hiding Cryptocurrency Assets – Just How Easy Is It?
Blockchain has arrived fully at the gates of Silicon Valley. Consider these two stories. Continue reading Google wants to index crypto. Facebook wants to eat it.