Gold Silver Reports – Bitcoin Contentious Bid for Legitimacy – Instead of bringing clarity, an impressive price surge last week accentuated the differences within the financial industry about the future of the bitcoins. Opinions range from those asserting that we are witnessing the birth and maturation of a new global currency to those who argue that the phenomenon is a “fraud,” with a large middle either reserving judgment or arguing that it will last but currently may risk being in the midst of a speculative price bubble.
Bitcoin
All you Wanted to Know About Bitcoin, the most Popular Cryptocurrency
Gold Silver Reports – All you Wanted to Know About Bitcoin, the most Popular Cryptocurrency – Whether you go for a game night at your friend’s house or are relaxing with friends after work, invariably someone will be talking about the next big investment option. In the past, these discussions were around real estate, stocks, even gold. Now, all such talk is about cryptocurrencies.
Bitcoin Surges Past $7,000 to Extend Record Rally This Year
Gold Silver Reports – Bitcoin climbed past $7,000 for the first time, breaching another milestone less than one month after it tore through the $5,000 mark.
Bitcoin Mania Takes Off as Cryptocurrency Surges Past $5,000
Gold Silver Reports – Bitcoin bubble or just the beginning? Or both? Those are the questions being asked on Wall Street to Main Street after the digital currency breached $5,000 for the first time, pushing this year’s gains to more than fivefold.
Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes
Gold Silver Reports – Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes – Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation.
Battles of the Bitcoin
Gold Silver Reports — In a world full of momentous separations, the split of the bitcoin into bitcoin cash and bitcoin classic on 1 August hardly drew a whimper. And yet, the future of a pioneering cryptocurrency with over $40 billion in circulation is at stake. A simple game illustrates the conflict that lies at the heart of the breakup. But first, a bit about the bitcoin.
New Currency in Race to Remake One of World’s Oldest Markets
Gold Silver Reports — The blockchain revolution is gunning for the gold market. — Public online ledgers that emerged from the explosive markets for bitcoin, a virtual currency, already have drawn the attention of businesses from banks to retailers who see blockchain systems as a revolutionary way to verify and record transactions. Now, companies including exchange owner CME Group Inc., IEX Group Inc. spinoff TradeWind Markets and financial technology firm Paxos are rolling out similar platforms to bring gold into the digital age.
Bitcoin Is Digital Gold. But Will You Buy a Sandwich With It?
Gold Silver Reports — Digital-marketing agency Cooperatize.com, taking bitcoin for payment was easy enough, all co-founder Roger Wu had to do was obtain a digital wallet. To promote the move in 2014, he even penned a blog post for Forbes explaining the decision.
Bitcoin Loses 25 Percent in 5 Days
Gold Silver Reports — Bitcoin plunged for a fifth day as concern Britain will vote to leave the European Union waned and a hack suffered by another crypto-currency undermined confidence in such digital assets.
Bitcoin Trades Love Gold
Gold Silver Reports — Bitcoin has been trading love one of its oldest antecedents as investors speculate on the odds of Britain voting to leave the European Union in Thursday’s referendum.