Bitcoin Gold (BTG) price, performance and general information

With so little known about the person or group behind the mysterious pseudonym Satoshi Nakamoto, it’s difficult to imagine the motivation behind designing and developing the first-ever peer-to-peer electronic cash system with Bitcoin. One goal was clear: create a decentralized cryptocurrency that cannot be controlled by governments. To do that, Nakamoto built in certain fail-safes into […]

The Bitcoin price in US dollars has begun exhibiting a trend which closely mimics the price history of Germany’s Papiermark during hyperinflation. Against Fiat, Bitcoin Follows Gold’s Price Trajectory A summary chart uploaded to social media by the cryptocurrency analysis account planB compares BTC/USD over the past eight years with the Papiermark’s value versus the previous gold mark. Germany abandoned the gold mark in 1914, shifting to the Papiermark, which subsequently became a symbol of Read More The post US Dollar Mirrors 1920s Weimar Republic Hyperinflation Against Bitcoin appeared first on Bitcoinist.com.

Bitcoin is on its way to replace gold as a store of value and won’t scale “because it doesn’t need to,” says Block.One co-founder and CEO, Brendan Blumer. ‘Bitcoin Will Replace Gold’ Within 20 Years Bitcoin, some argue, can only reach significant value if it can scale to meet transaction demands of a global audience. However, co-founder and CEO of Block.one, Brendan Blumer, believes that Bitcoin may never need to scale moving forward because it’s Read More The post Bitcoin Won’t Scale Because It Doesn’t Need To, Says Block.One CEO appeared first on Bitcoinist.com.

Bitcoin Could Very Well Have Bottomed A Twitter user going by “CabSav” recently drew attention to something he noticed in regards to gold’s long-term chart and Bitcoin (BTC)’s ongoing market cycle. In the chart seen... The post Could Bitcoin (BTC) Follow Gold’s Long-Term Chart? appeared first on Ethereum World News.

While a number of countries, including China and South Korea, have clamped down on ICOs and tried to regulate the token industry, the fact remains that it is still the Wild West of investment and helped create a twenty-first century Gold Rush for naïve investors. A lot of investors might not like how the U.S. […] The post Inside Information, Parties and Advisers Not Really Advising: A Glance Into The 2017 ICOs Wild Wild West appeared first on CryptoPotato.