Hahahaha 
Well-written FUD, almost contagious like brain rot.

of course we need altcoins because the price of bitcoin is really high and the transaction fees is increase as well. Some people using other altcoins because they want small transaction fees.

of course we need altcoins because the price of bitcoin is really high

Bitcoin isn't as flashy as Gold and can't be molded into jewelry but it's underlying technology is the "industrial" equivalent for the creation of value. If anything, the ground breaking use cases for the Blockchain are vastly more valuable to our global economy.

that is what i also think will happen.
the issues keep coming up with ethereum every now and then and each time a new one. it is either it getting hacked or another ICO or something like these kittens which is clogging up the whole network and killing the network! it has become so easy to do it these days too. and as we go forward things will become worse.
now i am worried everyday that another DAO is waiting to happen and this time they may not roll back anything.

Big Blockchain Intelligence Group Inc. says it has hired a former U.S. Homeland Security special agent to head its forensics division.

The Vancouver-based company says Robert Whitaker, a former Homeland Security Investigations supervisory special agent, will serve as its director of forensics and investigations.

Whitaker's responsibilities will include the global rollout of the company's QLUE.io product, which allows clients to access information they require within any blockchain.

The company says Whitaker's U.S. government agency and other relationships will help increase market penetration and increase the number of early adopters of the new technology.

CEO Lance Morginn says in a statement that Whitaker is an obvious fit for the position and he'll provide the company the opportunity to become the industry leader.

Big Blockchain develops blockchain technology solutions, search and data analytics.

by 2140 | June 19 2016 | News |

VANCOUVER, BC – 19 June, 2016 – Blockchain Intelligence Group (“BIG”) today announces that it has entered into an exclusive license agreement with BMEX Corporation (“BMEX”), a company operating in Japan, whereby it will provide BMEX with its proprietary Qualitative Law Enforcement Unified Edge (“QLUE”) Blockchain technology software.

The QLUE technology incorporates advanced search algorithms and various techniques to detect suspicious activity within Bitcoin transactions - all using proprietary methods under BIG’s own Bitcoin Blockchain Law Enforcement Analytics Platform. The 12 month agreement with BMEX also provides licensees with the option and right to market BitRank.io within Japan under a similar agreement once a pricing plan has been put in place by the Licensor. Christopher Filiatrault, CEO of BMEX, stated that, “The opportunity to distribute BIG’s technology throughout Japan is a win-win for all involved. The technology is at the forefront and center of Bitcoin’s acceptance in Japan and can be adopted very easily by our existing customer base. We are very excited to bring the technology to the Japanese market.” Lance Morginn, CEO of BIG, commented that, "We are very excited about this partnership based on the existing network of relationships and business ventures BMEX has in Japan."

 

About BMEX

BMEX Corporation is headquartered in Tokyo, Japan. BMEX runs a network of Bitcoin ATMs in various locations around Japan. BMEX has also developed a Bitcoin wallet and Crypto trading platform for its 4000+ member base.

 

About Blockchain Intelligence Group

Blockchain Intelligence Group is headquartered in Vancouver, BC, Canada. As a developer of Blockchain technology solutions, search and data analytics, BIG's propriety platform will globally target governments and Fortune 1000 companies that operate in the finance, and e-commerce sectors.

 

For more information visit: www.blockchaingroup.io

 

Blockchain Intelligence Group

Lance Morginn

CEO & Director

D: 1-778-819-8702

email: lance@blockchaingroup.io

 

Shone Anstey

President & CTO

D: 1-778-819-8703

email: shone@blockchaingroup.io

 

Forward-Looking Statements:

Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the effectiveness of the technologies, regulatory uncertainties and other factors, many of which are beyond the control of BIG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from the BIG’s expectations include, consumer sentiment towards BIG’s products and Blockchain technology generally, litigation, technology failures, competition, and failure of counterparties to perform their contractual obligations.

 

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate.

www.blockchaingroup.io

The publication of a press release on this page should not be viewed as an endorsement by CoinDesk. Customers should do their own research before investing funds in any company.

Still I am supporting eth here. Too bad it was affected and nearly crippled by a mere cat (cryptokitties) Also in addition this bitcoin rally really makes all alts to surrender. I hope a bright future for alts in the coming years 2018.

Gold is stable in price while bitcoin is not. And also gold has been in use for a very long time while bitcoin is still new. We are still trying to get the hang of it; and anything could happen. It could result in great loss of money if care is not taken.

Noticed that in the past 3 months, bitcoin ATM locations have increased by 15%. For the past 3 years, it has increased 23-fold.

Is there one main reason for the BTC increase? Or are there a lot of factors considered in this?

Nobody is accepting gold because it is not a currency but it an asset where its value increases as the time goes by.  In lieu of this, people see it as a good investment.  It is true that they cannot use gold as a payment but when you sell it in the market, the corresponding value worth a lot of money.  In that way, bitcoin is like gold.  Even some store accept bitcoin as a mode of payment while others do not, if you convert it into cash, its value also worth a lot of money.  Therefore, bitcoin is a new face of gold because it is a digital gold.  So, we should not compare the two because both are convertible to cash and good place of investment.

It is indeedly better than bitcoin