Blockchan & Digital Curency News ///// May 27- 2018
Below is my fresh collection of useful articles about cryptocurrencies from various sources
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Bitcoin still a buy despite recent losses says blockchain venture capitalist. Here's why.
Bitcoin is still a buy despite its continued losses, blockchain venture capitalist Spencer Bogart told CNBC.
The digital currency's increased number of use cases is proof that the popular form of money is being institutionalized. read more
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Bitcoin's Fate? This Cryptoasset Manager Sees Two Possible Outcomes
Bitcoin’s future price has been the subject of enormous speculation everywhere from cocktail parties to the floor of the New York Stock Exchange. Some mega-bulls, like venture capitalist Tim Draper, predict the value will rocket to $250,000 in as little as four years. Skeptics, like Joe Davis, strategy chief at Vanguard Investments, say there’s a “decent probability” it goes to zero. see the full article
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What You Can Expect If You Are Willing To Accept Cryptocurrency For Selling Your House
After a long debate, my wife and I decided we were going to put our house on the market, but I had one condition. The condition was that we would accept cryptocurrency, such as Bitcoin, as a source of payment. My wife was somewhat hesitant at first, largely due to the volatility associated with cryptocurrencies, but ended up agreeing. see the full article
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Ethereum Classic 51% Attack Would Cost Just $55 Mln, Result in $1 Bln Profit: Research
A Brazilian researcher has calculated that it could take just $55 mln to hack a major cryptocurrency network for $1bln profit in new findings, TNW reports Friday, May 22.
Husam Abboud of FECAP University in São Paulo used the example of Ethereum Classic (ETC) to demonstrate the hackability of cryptocurrency networks using Proof-of-Work (PoW) algorithms.
“We can safely estimate The Cost of a 51% attack on Ethereum Classic today to be between 55 to 85 million [USD] (averaged $70 million),” Abboud reported.continue reading
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you can always track cryptocurrencies at https://coincheckup.com/
or https://coinmarketcap.com/
Good Luck to all Crypto-Investors, May god bless you and keep your investments safe !!!