Search found 106 matches

by Sophia
Tue Aug 27, 2019 10:26 pm
Forum: Bitcoin
Topic: Latest boom on bitcoin
Replies: 220
Views: 2369

Re: Latest boom on bitcoin

After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting.
by Sophia
Tue Aug 27, 2019 10:25 pm
Forum: Bitcoin
Topic: Latest boom on bitcoin
Replies: 220
Views: 2369

Re: Latest boom on bitcoin

The total crypto market cap is following a bearish path below the $265.0B and $270.0B resistances. Bitcoin price failed to break the $10,500 resistance and is currently under a lot pressure. Litecoin (LTC) price is trading with a bearish bias below the $75.00 support area. BCH price is at a risk of ...
by Sophia
Tue Aug 27, 2019 9:45 pm
Forum: Bitcoin
Topic: Latest boom on bitcoin
Replies: 220
Views: 2369

Re: Latest boom on bitcoin

The protracted legal battle involving self-proclaimed Bitcoin (BTC) inventor Craig Wright and the estate of computer scientist David Kleiman could go in Kleiman’s favor.
by Sophia
Tue Aug 27, 2019 9:44 pm
Forum: Bitcoin
Topic: Latest boom on bitcoin
Replies: 220
Views: 2369

Re: Latest boom on bitcoin

Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.”
by Sophia
Tue Aug 27, 2019 9:43 pm
Forum: Bitcoin
Topic: Latest boom on bitcoin
Replies: 220
Views: 2369

Re: Latest boom on bitcoin

Daryl Morey, the general manager of the Houston Rockets basketball team, said that he recently bought more Bitcoin (BTC). On Aug. 23, Morey tweeted “I just bought more” in response a pro-Bitcoin tweet by Morgan Creek Digital Assets co-founder Anthony Pompliano, who said that Bitcoin allows investors...
by Sophia
Tue Aug 27, 2019 9:21 am
Forum: Bitcoin
Topic: Bitcoin Versus Ethereum
Replies: 50
Views: 1105

Re: Bitcoin Versus Ethereum

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Ethereum is the number 2 cryptocurrency in the world by market capitalization, and it offers a hefty contrast to front-runner Bitcoin.
by Sophia
Tue Aug 27, 2019 9:19 am
Forum: Bitcoin
Topic: Bitcoin Versus Ethereum
Replies: 50
Views: 1105

Re: Bitcoin Versus Ethereum

In fact, other cryptocurrencies compare a lot closer to Bitcoin and Ethereum than Bitcoin and Ethereum compare to each other. For example, Litecoin is a lot more like Bitcoin than Ethereum is, and NEO is a lot more like Ethereum than Bitcoin is.
by Sophia
Tue Aug 27, 2019 9:16 am
Forum: Bitcoin
Topic: Bitcoin Versus Ethereum
Replies: 50
Views: 1105

Re: Bitcoin Versus Ethereum

Essentially, the more valuable the Ethereum network is, the more valuable ETH is. Any application running on Ethereum will need Ether to pay the gas cost (i.e. the cost of performing computation on the blockchain), so the bigger and more powerful the network becomes, the more demand for ETH there wi...
by Sophia
Tue Aug 27, 2019 9:15 am
Forum: Bitcoin
Topic: Bitcoin Versus Ethereum
Replies: 50
Views: 1105

Re: Bitcoin Versus Ethereum

Bitcoin uses a traditional SHA-256 algorithm, while Litecoin uses an algorithm known as Scrypt. ... Litecoin's algorithm is designed to produce about four times as many coins as Bitcoin does - producing one coin every 2.5 minutes (whereas Bitcoin produces one every 10 minutes).
by Sophia
Tue Aug 27, 2019 9:12 am
Forum: Bitcoin
Topic: Bitcoin Versus Ethereum
Replies: 50
Views: 1105

Re: Bitcoin Versus Ethereum

Bitcoin’s sole purpose is to be the virtual currency of the internet, and uses blockchain to do this. Ethereum focusses on the bigger problem. Here’s a little bit about Ethereum: Ethereum was created in 2015 by a man called Vitalik Buterin. Vitalik had the vision of not only having a decentralised c...

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