Is Bitcoin on Its Way to $5000, and Should You Invest or Stay Away from Bitcoin?

Is Bitcoin on Its Way to $5000, and Should You Invest or Stay Away from Bitcoin?

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The blue chip brokerage house Fidelity has allowed its customers to create their own Bitcoin accounts, further accelerating Bitcoin’s bull run. The price of the digital currency hit the $4000-mark this week following the anointment by the mainstream media of the currency as a new asset class. Other Bitcoin projections Other industry players and experts are predicting a brighter future for Bitcoin. According to an analyst from Standpoint Research, the price of the virtual currency can reach the $5,000-mark by 2018. These rosy predictions about Bitcoin create the question on whether ordinary investors should invest part of their savings, or even their retirement accounts, into the cryptocurrency. Why invest or not to invest in Bitcoin To help the ordinary investors in deciding whether they will invest their hard-earned money into the digital currency, here are three reasons to invest or not to invest in the cryptocurrency. Three reasons to invest in Bitcoin It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate …

AdShares – P2P market for programmatic ADS

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Adshares ICO model Adshares Token sale uses a novel approach with dynamic token price and elastic supply. We designed that scheme to alleviate common problems with existing ICOs. Main issues that we have targeted are incentives for developers and FOMO. To achieve our goals we use dynamic token pricing, continuous token buyback and withdrawals spread over time. Token prices depends on the amount of tokens in circulation Token prices depend on a number of tokens in circulation. We do not limit the number of tokens that can be issued, but the price of sold tokens depends on circulating supply. We sell tokens for a flat price until we reach a minimum financing. From then on, each next token costs more, so there is a natural cap on issuance. ICO contract will automatically buyback tokens to reduce the risk for token buyers and to give good incentives for the dev team. Price paid by the contract are calculated using the same formula (minus spread). Funds gathered in the contract cannot be withdrawn at once. Dev team can request maximum 1% of funds each week, so they have an incentive to work hard or risk that tokens will be sold to contract and team …

Explosive Price Surge: $100 Bitcoin Bought in 2010 Now Worth $75 Mln

Explosive Price Surge: $100 Bitcoin Bought in 2010 Now Worth $75 Mln

admin 2017, Bitcoin Awareness, Bitcoin Market Capitalization, Bitcoin News, Bitcoin Predictions for 2017, Bitcoin Price, Bitcoin Price Index, Bitcoin Trading Platforms, CoinGreed, Data Analysis, Exchanges, In the News, Investments, Trending News 0 Comments

Earlier this week, CNBC, one of the few mainstream media outlets that have been offering extensive coverage on Bitcoin over the past few months, revealed that $100 worth of Bitcoin purchased in 2010 is now worth $75 mln. In a relatively short span of seven years, Bitcoin price surged from around $0.003 to a staggering $2,389. That is a 796,000x return as an investment. In fact, today, on May 24, Bitcoin price hit a new all-time high at $2,392 and is continuously demonstrating a rising demand from both casual and institutional investors. Bitcoin price hits new all-time high again for the second time this week at $2,392. Important to note, China made a strong comeback. pic.twitter.com/S8mceNDTqM — Joseph Young (@iamjosephyoung) May 24, 2017 The majority of mainstream media analysts suggest that Bitcoin price is completely speculative in the sense that investors are purchasing Bitcoin solely expecting a massive return in value. However, as Coingreed previously reported, prominent investors including GoldSilver.com founder Mike Maloney are encouraging investors to hold Bitcoin as a mandatory asset to hedge against inevitable global economic uncertainty and financial instability, not just as a large return investment. Bitcoin as digital currency and digital cash On the contrary, …

The Dark Web is More Like a Set of Dark Silos

The Dark Web is More Like a Set of Dark Silos

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  The dark web is not nearly as social a place as the world wide web, researchers find. Researchers recently conducted a comprehensive charting of the dark web, starting with the central hubs of “.Onion” domains, and created an algorithm to scan links from each site. They found 7,178 sites. 25,104 links connected all of these sites together. Those sites which did not have links incoming could not be found. The researchers – Virgil Griffith, Yang Xu, Carlo Ratti – discovered that 87% of dark web sites do not link to other sites. To account for websites regularly appearing and disappearing, the authors only included sites that responded to their crawlers. “In our analysis, before pruning nonresponding domains, we found a graph of 13,117 nodes and 39,283 edges. After pruning, we have a graph of 7,178 nodes and 25,104 edges (55% and 64% respectively). In all results, we refer to this graph pruned of nonresponding domains as simply ‘the darkweb graph’”. The researchers, through their research, determined the dark web is no web. But, rather, a set of  “dark silos,” according to the preliminary paper posted on ArXiv this week. The researchers performed a second crawl to collect instances of …

BTCC CEO Lee Pegs Bitcoin Price Between $5,000 and $11,000 by 2020

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Bobby Lee, BTCC’s co-founder and CEO recently tweeted a bitcoin price prediction, which is between $5,000 and $11,000 by 2020, after the block reward halving. The entrepreneur, who regularly makes predictions, also stated the daily inflow would scale accordingly – from the current $2 million a day level, up to $5-$10 million a day. #Bitcoin price target in 2020; after block halving: USD $5k-$11k Assuming $5-$10 million daily flow into #BTC by then. (Today: $2m daily in) — Bobby Lee (@bobbyclee) February 26, 2017 // Get exclusive analysis of bitcoin and learn from our tutorials. Join Hacked.com for just $39 now. // Bobby Lee also reminded his 5,600 Twitter followers his “medium-term” price target for bitcoin is of, well, $5,600. There was, however, no mention of how long it will take bitcoin to reach that value. Later on, Lee also said that a $5-$10 million daily inflow isn’t a lot. He compared it to gold’s inflow of $340 million a day. The CEO’s enthusiastic bitcoin price prediction comes after BTCC, one of China’s biggest bitcoin exchanges,suspended bitcoin and litecoin withdrawals until March 15, in order to introduce new security requirements and comply with requests from the People’s Bank of China …

Bitcoin Price New All-Time High at $1,442, Bitfury Executive Predicts $5,000

Bitcoin Price New All-Time High at $1,442, Bitfury Executive Predicts $5,000

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Bitcoin price achieved its new all-time high yet again earlier this morning at $1,442. The average trading value of Bitcoin was similar throughout the Japanese and US Bitcoin exchange markets, at $1,430. “The SEC is concerned about how most of the markets [for Bitcoin] has traded outside of the US with no regulatory oversight. As of this point, I don’t think the SEC would approve the ETF. What would change my mind is if the ETF or SEC only traded Bitcoin on regulated exchanges,” said Kelly. Since then, Bitcoin price increased by another five percent. Although Bitcoin price has declined slightly upon reaching its new all-time high, over the past 24 hours, Bitcoin price demonstrated a 7.3 percent increase and it is currently averaged at $1,437. Many analysts including Bitfury Group executive vice chairman George Kikvadze, attributed the recent surge in Bitcoin price to the explosive growth of the Japanese Bitcoin exchange market and the activation of SegWit on Litecoin. Kikvadze writes: Japan; new btc apps and inst. investors driving price twrds $1500; if we activate well-tested; no risk scaling #segwit – easily at $5000 — George Kikvadze (@BitfuryGeorge) May 1, 2017 The Japanese government’s legalization of Bitcoin and the elimination …