Does decentralization influence the economy? This controversial topic has elicited discussions with online communities as well as different media outlets. Why? Decentralization has been successful for Bitcoin and its ups and down throughout 2017. Payment processing machines are worried their traditions will be overthrown. These companies have enjoyed monopolies and…
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Bitcoin Looks Like It's Shaking Off Its Holiday Hangover
Bitcoin rallied past $15,000 on Tuesday as traders of the world’s biggest digital currency sought to draw a line under its roller coaster five-day slump. The tokens rose 10% to $15,116.50 as of 11:26 a.m. in London, the biggest gain on a closing basis…
Same Analyst Who Predicted Bitcoin's 2017 Growth Now Says It Will Hit $400,000
Ronnie Moas, a prominent analyst who prdicted the price spike for Bitcoin in June, now claims that signals suggest the end price of the world's largest cryptocurrency could land between $300,000 and $400,000. During the summer months, when Bitcoin was only trading around $2,500, Moas suggested that…