To combat fears of a trade war, put your money in bitcoin, said hedge-fund manager and bitcoin bull Brian Kelly.

"In this environment," Kelly said of fears of a potential trade war, "I want to own those things that are deflationary and fixed supply in an inflationary environment. And look at what bitcoin has done the last couple of days."

During a trade war, Kelly said, currencies get weaker, such as the dollar's depreciating value last week, and prices rise.

"Generally speaking, you want to own hard assets," he said.

In the past, said Kelly, who has "like 90 percent" of his money invested in bitcoin, investors would hedge with gold.

"But you know what, now we have bitcoin," he said. "Bitcoin has a fixed supply. It acts exactly like a hard asset, exactly like a commodity."

"In the trade war," he said, "it does well."

Is the cryptocurrency just going to end up reenforcing the financial system it was supposed to disrupt?

Bitcoin was a clever idea. Idealistic, even. But it isn’t working out quite as its developers imagined. In fact, once all the coin has been mined, bitcoin will simply reinforce the very banking system it was invented to disrupt.

Watching the bitcoin phenomenon is a bit like watching the three-decade decline of the internet from a playspace for the counterculture to one for venture capitalists. We thought the net would break the monopoly of top-down, corporate media. But as business interests took over it has become primarily a delivery system for streaming television to consumers, and consumer data to advertisers. Likewise, bitcoin was intended to break the monopoly of the banking system over central currency and credit. But, in the end, it will turn into just another platform for the big banks to do the same old extraction they always have. Here’s how.

Earlier this year, when Bitcoin’s price fell by more than 60% from its record close, a less-noticed Bitcoin figure also plunged: the number of daily transactions.

There are many explanations for the fall-off in trading, from software- to news-related. What’s less understood is why the level hasn’t recovered as Bitcoin’s price made a 50% comeback since Feb. 5. That’s left some investors wondering whether the cryptocurrency is waning in popularity.

The average number of trades recorded daily has roughly dropped in half from the December highs and touched its lowest in two years last month, even as Bitcoin became a household name and roared back above $10,000.

The transaction data may be bad news for Bitcoin bulls, according to Charles Morris, chief investment officer of Newscape Capital Group in London, who invests in cryptocurrencies. Trading and purchases on the Bitcoin network, which can be measured by metrics like transaction volume, is indicative of price direction, he said.

“We had a hype-cycle and now it’s cooling down,” Morris, who’s working on a project that will facilitate price discovery in various cryptocurrencies, said by phone from London. “We just may be entering a bear market” for Bitcoin.

I don't understand this rise at all.  Why is anybody buying at 11.4k.  I'd say it's price manipulation by whales so can't be sustained.  Or maybe it can.  If they have got enough money.

I have been looking at the price tables and the volume average is going down and down.  Does this impact on the price or not.  It seems a bit strange that the volume is going down so much.  Thanks.

Ok, so i have a question around this.

After the next alt coin rally, i will be looking to exit around 75% of my portfolio into USD or EUR, so that when there is another BTC dip, i can buy in, rather than holding BTC from the top down.

im not looking to cash out to my bank, just hold in USD or EUR (im in the UK)

i dont really want to use Tether, as im a bit wary of that going boom and taking my money with it.

is the best way to trade into EUR or USD on GDAX and hold it there?

any help, or advice on how people do this greatly appreciated, as ive only been in this a few months and need to work on a plan.

IBM was bought out by a chinese firm and is now rebranded as "Lenovo". Anything with the Lenovo trademark on it is what used to be IBM.

Discussing what led to IBM's downfall would make for an interesting discussion. Unfortunately, I don't think anyone here knows what circumstances led to its demise.

Technologists still don’t have a full picture of what a security hole in a smart contract looks like, says Ilya Sergey, a computer scientist at University College London, who coauthored a study on the topic published last week.

Users learned this the hard way in 2016 when a hacker stole $50 million from the so-called Decentralized Autonomous Organization, which was based on the Ethereum blockchain. And in November around $150 million suddenly became inaccessible to users of the wallet service Parity, which is also rooted in Ethereum.

Sergey and colleagues used a novel tool to analyze a sample of nearly one million Ethereum smart contracts, flagging around 34,000 as vulnerable—including the one that led to the Parity mishap. Sergey compares the team’s work to interacting with a vending machine, as though the researchers randomly pushed buttons and recorded the conditions that made the machine act in unintended ways. “I believe that a large number of vulnerabilities are still to be discovered and formally specified,” Sergey says.

Speculation got us this far and some of it snowballed and brought in more people, now utility has to come through and give some worth to peoples interest.   That was always going to be more important, either theres something gained by society's involvement with crypto or it'll be an empty promise and the speculative promise diminishes.

Dangerous scam fork, you risk to lose all your XMR by logging into the XMRV wallet.

Dogethereum (DOGX), which shares its name with the Rinkeby project known as Dogethereum Bridge, is looking to branch off from the Dogecoin chain in fall. This would constitute Dogecoin’s first ever hard fork.

“Dogethereum is new decentralized digital currency, it will be founded on snapshot of popular Dogecoin, based on ETH algorithm with fastest speed of transactions, smart contracts,” developers describe on Bitcointalk Monday.

“Our goal it to push Doge currencies to the brand new direction, with no ASIC mining, speed and simplicity.”

Dogethereum Bridge came about as part of Ethereum’s truebit technology – a plan to help the largest altcoin scale to meet user demand.

On February 5, engineers managed to send DOGE to Rinkeby, marking a major step in cryptocurrency interoperation and sparking renewed interest in the altcoin many assumed was simply a meme in cryptocurrency form.

Looking for a site to start Daytrading on. Unfortunately in the past since BTCs early days sites that offered instant exchanges often turned out as scams and ran away with tons of BTC after some years...

Is there any safe European one that offers instant BTC/EURO exchanging and IBAN withdrawals?

TMall – owned by Alibaba – will be adopting blockchain technology to make international payments in its supply chain, as well as to track products throughout its distribution chain.

TMall’s intention to adopt blockchain comes as a result of an alliance with the logistics company Cainiao, of which Alibaba is also a shareholder, and which has recognised the potential of blockchain for international e-commerce.

The information, reported by the Xinhua news agency, has not yet been officially confirmed by the company. But it is alleged that distributed accounting technology could be used to record information concerning the import and export of products, such as country of origin, time of arrival at port, methods and time of storage and transport, as well as other aspects of this activity so important to China’s economy.

Any country that tries to stop innovation will have a much harder time ahead that those who embrace change and are able to create an ecosystem for their economy to grow.

The multinational retail company Walmart has filed a patent application that details the use of a blockchain based system to keep track of shipments. The application is dated March 1, 2018.

The filing details the system core as a “smart” package, with an attached monitoring device that’s always connected to a network operated to give details of the state that the given package has in any time. Further into the application it is revealed that the system that it uses to track shipments is blockchain based: “a modular adapter coupled to an outer surface of the body portion, wherein the modular adapter is configured to releasably connect to an output of a delivery vehicle system; and a delivery encryption system comprising a blockchain for package tracking and authentication.”

Coinbase Inc. is being sued in the US in a class action suit for tipping off its employees ahead of Bitcoin Cash’s launch on the platform and manipulating the market shortly after the launch.

The complaint, filed March 1 to US District Court for Northern California, alleged that Coinbase told its employees one month before Bitcoin Cash’s launch of the plan, allowing them to set up strategies and drive up the price shortly after the launch, causing ordinary buyers to buy at a price well beyond market value.

The plaintiff, Jeffrey Berk, tried to buy Bitcoin Cash within five minutes after Coinbase announced it was going to support the currency and ended up paying double of what he ordered, the complaint wrote.

Rumors on insider-trading-like practices (the term “insider trading” was meant for securities, Bitcoin Cash is not considered a security) has been abound since Coinbase’s bumpy launch of Bitcoin Cash late December last year. The company announced an investigation of such practices after Bitcoin Cash was launched.

Coinbase has not released any updates on the matter since then.

Berk is represented by long-time class action lawyers Robert S. Green, James Noblin in San Francisco and Lynda Grant in New York.