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10 of the Biggest Lies Told About Bitcoin

Featured As British Prime Minister Benjamin Disraeli once averred, there are three kinds of lies: lies, damned lies, and statistics. Bitcoin is frequently on the receiving end of them all, whether it’s exaggerated statistics about energy consumption or damned lies conflating it with terrorism. We’ve rounded up 10 of the most pervasive mistruths a

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Bitcoin Mining Suited to Big Corporations, Individuals Can Profit in Other Ways

The days of mining Bitcoin in your bedroom on a desktop computer are long gone. It used to be that a small network of staunch Bitcoin supporters would mine the cryptocurrency on individual systems, more as a hobby than anything else. But as time went by, this became more and more of a challenge.At the end of 2009, the Bitcoin hash rate was 8 million times per second. By the end of 2010, it had gro

Trustless Payment Startup Confido Makes Off with $375k of ICO Funds

News Confido, an ICO startup whose name means “I trust”, has done a bunk with 1,235 ETH. The company was supposed to have been creating a trustless payment system using smart contracts. Instead, it was the project’s founders who have proven themselves trustless after deleting all their accounts and going dark. The $375,000 exit scam highlights

Cracks Appear as Critics Label Bitconnect a Ponzi Scheme

Economics To its founders, Bitconnect “is an open source, peer-to-peer, community-driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment”. To its critics, Bitconnect is a pyramid scheme that rewards early adopters and leaves

A Closer Look at How Three of the Biggest Scamcoins Lure Its Investors

Op-Ed Run-ups of the kind bitcoin is having in price and valuation make fertile ground for scams. Scams are valuable and very teachable moments. Skin in the game, by having plunked hard-earned cash down to see a return on investment, means vigilance and due diligence are musts.   Also read: GAW/Paycoin CEO Josh Garza Held Liable for $9

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Bitcoin Price Behemoth Sends Altcoin Markets in Gloomy State

For those holding Bitcoin it is party time, the King of crypto smashed another record today as it approached $7,000. Yesterday’s news that the world’s largest derivatives exchange group, CME Group, will be introducing a Bitcoin-based futures contract sent the currency skyward as Wall Street woke up. The hype and hysteria have done wonders for Bitcoin and its recognition and ascension to mainst

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Managing Enormous Risk: Bitcoin and Altcoin Investment Strategies

While some have made millions investing in digital currencies, others would call it degenerate gambling. If you’re reading this, then you know how exciting and unpredictable the crypto world is. Fortunes are built and demolished in seconds, new and exciting technology pops up every day, and controversy rules the land. It’s pretty much the Wild West of finance.The unprecedented growth of crypto

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Calvin Ayre: Bitcoin Cash “Closely Resembles the Bitcoin That Sparked the Entire Digital Currency Boom”

Gambling news resource Calvin Ayre have openly declared war on Bitcoin declaring that it’s their opinion that Bitcoin Cash should be considered the true Bitcoin. For them, it seems that BCH holds more in common with Satoshi’s Nakamoto’s original white paper and is therefore deserving of the sort-after tag of “Bitcoin”.With the coming forks and changes, CalvinAyre.com and several other me

Fundstrat Global Advisors Create Bitcoin Indexes

Finance Bitcoin bull and independent research boutique, Fundstrat, reveals its new five indexes to monitor cryptocurrencies. Aimed at institutional investors, FS Crypto FX indexes are the most recent and prominent speculation instruments and a first for Wall Street insiders.Bitcoin 55K USD in 5 YearsAfter bitcoin reached gold parity in Spring, h

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Bitconnect Coin Announces a Change in Its Logo

Bitconnect Coin, one of the fastest-growing altcoins in the history of cryptocurrencies has announced a change in its branding. The change was affected after another company with a similar logo raised an objection.HubSpot, a leading online marketing, and management solutions platform recently sent a letter to Bitconnect stating that the cryptocurrency platform’s branding clashes with its own. Gi

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