Bitcoin (BTC) Archives - Page 24 of 28

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Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.

In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.

GBTC Isn’t Doing Itself a Favor Being Unclear on the Forks

Posted by Thomas DeMichele on November 6, 2017 in Opinions and Op-Eds

GBTC could cause major problems by being unclear on what it plans to do with the Bitcoin forks. There is only one answer, HOLD all coins in the trust.

The Risks and Rewards of “Being in BitCoin For the Fork”

Posted by Thomas DeMichele on in Opinions and Op-Eds

At block 494,784 (estimated to occur Nov. 16) Bitcoin will fork in two. Bitcoin holders will get 1 Bitcoin Segwit2x for every Bitcoin they own. That is a big reward, but there are risks.

Bitcoin Futures Trading Announced

Posted by Thomas DeMichele on November 4, 2017 in News

On Oct. 31st it was announced that the CME group plans to offer Bitcoin futures trading.

What is Bitcoin Cash?

Researched by Thomas DeMichele Published - November 3, 2017
Last Updated - March 26, 2020

Bitcoin Cash (BCH) is a cryptocurrency created from a hard fork of Bitcoin. It is meant to have quicker transactions than Bitcoin.

Bitcoin Hits $7K

Posted by Thomas DeMichele on November 2, 2017 in News,Opinions and Op-Eds

Bitcoin went to $7k after going up over $1k in less than a week. The quick rise was due in-part to an upcoming fork and a Bitcoin futures trading announcement.

With BTC at $6.5k, One Might Ask, “Is Ether a Good Buy at $300?”

Posted by Thomas DeMichele on November 1, 2017 in Opinions and Op-Eds

Bitcoin, the crypto with the highest market cap is at a high of $6.5k. Ether, the crypto with the second highest market cap is stagnant at $300. Is Ether undersold?

When is the Segwit2x Fork?

Posted by Thomas DeMichele on October 31, 2017 in News

The Bitcoin Segwit2x fork happened at block 494,784. This block occurred on Nov. 17. Anyone with Bitcoin before the block now has equal parts Segwit2x.

Bitcoin Appears Tethered to Major Altcoins Again

Posted by Thomas DeMichele on October 27, 2017 in News,Opinions and Op-Eds

After a run-up earlier this month and a quick sell-off after the Bitcoin Gold fork, Altcoins seem to be following Bitcoins price again. Is history set to repeat?

Don’t Get Scammed: Hodl Your Bitcoin Gold

Posted by Thomas DeMichele on October 25, 2017 in News,Opinions and Op-Eds

Let us offer a clear warning. Don’t go chasing Bitcoin Gold so hard you get scammed. There are fake wallets and fake instructions floating around. Using them can result in you losing Bitcoin.

Coinbase Timeline for Bitcoin Segwit2x and Bitcoin Gold

Posted by Thomas DeMichele on October 24, 2017 in News

After some confusion over Bitcoin Gold, Coinbase has released an official statement on how it plans to handle Segwit2x and Bitcoin Gold.

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