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The Price of Bitcoin Touches New Highs Reaching the $6K Mark

Markets and Prices The price of bitcoin took a stab at the $6K zone today at approximately 11:20 am EDT reaching yet another record all-time high. The decentralized cryptocurrency run in 2017 has outperformed nearly every commodity, stock, and state-issued currency worldwide.Also read: The Evolution of Cryptocurrency Visuals, Memes, and Bitcoin Stree

CEX.io and Unocoin Announce Fork Arrangements

News This week two more exchanges revealed their plans for the upcoming Segwit2x fork this November. The London-based exchange CEX.io explains that whether the company supports the split or not customers will receive split tokens if the fork takes place. Further, the Indian exchange Unocoin has revealed it will be supporting the chain with the most

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Bitcoin is Much Better Than Fiat Says Billionaire Investor Tim Draper

At the World Knowledge Forum held in Seoul on October 17, Billionaire investor Tim Draper, who has been one of the key angel investors in the Bitcoin and cryptocurrency markets since 2014, stated that Bitcoin and other cryptocurrencies are much better than fiat currencies.In an interview with Bloomberg, Draper stated:“I think [Bitcoin is] neither [a fraud or a bubble]. If you ask me five years f

Bitcoin, Altcoin Exchange Bittrex Eyed With Suspicion Due to Thousands of Mysterious Account Closings

Cointelegraph recently began receiving complaints about the Bittrex exchange disabling users’ accounts for no apparent reason. One consistent theme in every complaint we’ve received is that users have attempted to open tickets and have even sought help on the exchange’s Slack, only to be ignored and banned, respectively.One user complained that he has six Bitcoin in his Bittrex account--over

Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough

Technology At the moment there are two forks planned for the Bitcoin network, and cryptocurrency proponents are curious about taking the best preparations. One fork is called Bitcoin Gold which is scheduled for October 25, while the other hard fork Segwit2x (BTC1) will take place roughly around mid-November or block height 494784.Also read:Putin Tell

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The wild world of ICOs

Oct. 16, 2017By Chris Burniske and Jack TatarA new cryptoasset can be announced any number of ways: at conference; or on Twitter, Reddit, Medium, or Bitcointalk. It is important that the announcement is followed by a white paper containing details about the founders and advisory board, and that it clearly outlines the structure of the initial crowd-sale. It should be easy to contact the founding t

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Bitcoin Fees Significantly Decline as SegWit Adoption Reaches 14.5%

Within the past week, the percentage of Segregated Witness (SegWit)-enabled transactions in the Bitcoin network has increased from 9 percent to 14.45 percent, decreasing Bitcoin transaction fees, the size of the Bitcoin mempool, and blocks.SegWit nears 15%. Transaction fees down. Average #bitcoin block size 0.82 MB. Most importantly, Bitcoin mempool size at 6 million. pic.twitter.com/FSuqSaOqJs—

PNC Bank Threatens to Close Customer’s Account for Buying Bitcoin

Featured The PNC bank recently threatened one of their customers for purchasing bitcoin. The bank wanted to shut down the customer’s account. This has been a story floating around the internet the last few days. The victim was Elitoohey. He elaborated on the situation in a Reddit post, saying the bank started by asking him questions about

Investing In Cryptocurrencies, Explained

Should I invest in cryptocurrencies?Cryptocurrencies are now considered to be one of the best investment decisions.These are some of the reasons:To increase net worth. The alarming value loss of most currencies makes many people consider a better way to hedge their money. As a result, they turn to cryptocurrencies as a better alternative.Technology. The technology behind cryptocurrencies is amazin

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A Bitcoin Beginner’s Guide to Surviving the Bgold and SegWit2x Forks

This is an updated version ofA Bitcoin Beginner's Guide to Surviving a Coin-Split specifically addressing issues associated with the upcoming Bitcoin Gold and SegWit2x forks.It looks as if Bitcoin will experience at least two more “coin-splits” soon, which (more accurately) will result in the creation of new coins. On October 25,Bitcoin Gold (Bgold) will split off from Bitcoin to create an ASI

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