Bitcoin social news alert — December 11th, 2017, 10:00
To Value Bitcoin Now, Think Back to Internet Startups
If you accept that the currency will be the main pipe that finances cryptoenterprises, then current prices seem reasonable.
➞ Read full story (Source: Bloomberg.com )
Martin Varsavsky on LinkedIn: “Why did Bitcoin hit $17K?…
Why did Bitcoin hit $17K? edited Dec 11th 1) so many tried but nobody cracked Bitcoin in 7 years. 2) supply is mathematically controlled and mining …
➞ Read full story (Source: LinkedIn )
Bitcoin Mining Operations Increase Sharply Resulting in Blackouts
By February 2020, Bitcoin mining will require as much energy as we spend today across all sources, according to meteorologist Eric Holthaus.
➞ Read full story (Source: Cointelegraph )
ECB's Nowotny: Bitcoin is a speculative product, not a currency
More comments from Nowotny, speaking in Austria Nope, not ECB related. Meanwhile, Bitcoin front month futures are now down to $17,500. But the virtual currency itself is holding onto gains, trading at $16,646.
➞ Read full story (Source: http://www.forexlive.com )
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