Could Bitcoin Hit $50,000? In Wild World of Crypto Options, Some Say Yes









Could Bitcoin Hit $50,000? In Wild World of Crypto Options, Some Say Yes


Comments

Post a Comment

Popular posts from this blog

What is Blockchain !

Image
“The practical consequence […is…] for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.” – Marc Andreessen From a cruising altitude, a blockchain might not look that different from things you’re familiar with, say Wikipedia. With a blockchain, many people can write entries into a record of information, and a community of users can control how the record of information is amended and updated. Likewise, Wikipedia entries are not the product of a single publisher. No one person controls the information. Descending to ground level, however, the differences that make blockchain technology unique become more clear. While both run on distributed networks (the internet), Wikipedia is bui...
Read more

Bitcoin (BTC) May Hit $1 Million, BitBoy Says, Here's When

Image
  Bitcoin may hit $1 million, here's when: BitBoy Armstrong tweeted that he does believe that the flagship digital currency may reach the $1 million level within 90 days. In fact, he does not think it may happen even within a much longer period of time. The crypto blogger assumed that such a mind-blowing price surge may take place no earlier than 2032 — nine years from now.    Several major figures in the crypto space and the financial industry have disagreed with the above-mentioned forecast of Bitcoin hitting $1 million in three months. Prominent scholar and risk manager Nassim Taleb has criticized this bet. Savvy commodity trader Peter Brandt has called this bet none other but "stupid." Kraken chief executive Jesse Powell believes that in terms of USD, Bitcoin is "going to infinity," therefore his prediction of about $1 million may sound reasonable. However, he also stated that if this happens, it is likely to occur over the next 10 years. In December, BitBoy...
Read more

Bitcoin scammers threats !

On Thursday, numerous reports emerged of people receiving extortion emails demanding recipients send $20,000 in Bitcoin to a particular Bitcoin address. The emails stated that failure to send the payment would result in that person's workplace being blown up by an explosive device. Police forces from cities in multiple countries have responded to the threats and have confirmed that no devices have been found in connection to the extortion emails. This story is developing, but for now, authorities say no actual threats have been discovered. If you've received an email saying that your office will explode if you don't forward on $20,000 in Bitcoin, stay calm. Law enforcement officials across the country responded on Thursday to a recent string of threats, sent to numerous people via a spam-like email campaign, and stated that no explosive devices have found in connection to the messages. "Please be advised - there is an email being circulated containin...
Read more