|
|
|
|
|
|
|
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
 Offline
Activity: 196
Merit: 0
|
 |
August 27, 2018, 05:32:05 PM |
|
50cycles Banking Debacle Reveals Attitude of Banks Towards Bitcoin Trading The owner of 50cycles, Scott Snaith is experiencing a banking nightmare after performing some relatively small peer to peer trades on Localbitcoins. Localbitcoins is the most popular peer to peer Bitcoin trading site in the world, where individuals can contact each other and exchange Bitcoin for every fiat payment method imaginable while using an escrow system that ensures minimum scamming. However, Scott Snaith did some deals in excess of USD 10,000, as little as 2 bitcoins, and his bank accounts with Barclays and HSBC were frozen. He received cash in his personal bank accounts in exchange for Bitcoin, but then those personal accounts and a connected business account were frozen. Read the full article at https://bitcoinnews.com/50cycles-banking-debacle-reveals-attitude-of-banks-towards-bitcoin-trading/ |
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 27, 2018, 07:05:20 PM |
|
$5,800 Most Important Bitcoin Support Level in 2018 So far this year, the most important support level for Bitcoin has been USD 5,800. This can easily be elucidated from the graph of Bitcoin’s price on Bitfinex available on Bitcoinwisdom, especially when selecting a time interval of three days. It shows that Bitcoin’s price has crashed into the USD 5,800-6,500 level multiple times in 2018 and bounced off, with USD 5,800 being the absolute support level that Bitcoin has not crossed this year. Read the full article at https://bitcoinnews.com/5800-most-important-bitcoin-support-level-in-2018/ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 27, 2018, 07:07:08 PM |
|
Bitcoin Advocate and Academic Gives ETFs the Thumbs Down As previously reported by Bitcoin News, the US Securities and Exchange Commission (SEC) has just rejected at least eight proposals for Bitcoin Exchange-Traded Funds (ETFs), but there is one investor who doesn’t see this as a bad thing Read the full article at https://bitcoinnews.com/bitcoin-advocate-and-academic-gives-etfs-the-thumbs-down/ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 27, 2018, 07:10:45 PM |
|
Two Bitcoin Experts Say Rally to Record Highs Is Imminent Bitcoin has been in a bear market throughout 2018 so far, declining from record highs near USD 20,000 in December 2017 all the way to USD 5,800 – a 71% decline. However, two Bitcoin experts, Bobby Lee from BTCC and Thomas Lee from Fundstrat Global Advisors think Bitcoin will again rally to record highs relatively soon. Read the full article at https://bitcoinnews.com/two-bitcoin-experts-say-rally-to-record-highs-is-imminent/ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 27, 2018, 07:12:04 PM |
|
Bitcoin’s Ground Game More Important Than ETF The Bitcoin mainstream is currently obsessed with the possibility of a Bitcoin exchange-traded fund (ETF). Most of the market moving headlines recently have been about Bitcoin ETFs being proposed and then rejected, and now stayed. Read full article at https://bitcoinnews.com/bitcoins-ground-game-more-important-than-etf/ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 27, 2018, 07:25:53 PM |
|
Fundstrat’s Lee Sees Bitcoin Market Correlation with MSCI Emerging Markets Index The co-founder and chief financial adviser of Fundstrat Global Advisers, Thomas Lee, has noticed a correlation between the MSCI emerging markets index and the price of Bitcoin over the past year. Not only is there is a noticeable correlation, with the MSCI peaking in January 2017 around the same time as the crypto and Bitcoin markets, Lee also thinks there is a causation. Read the full article at https://bitcoinnews.com/fundstrats-lee-sees-bitcoin-market-correlation-with-msci-emerging-markets-index/ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 27, 2018, 07:26:49 PM |
|
Bitcoin Block Halving Schedule Bitcoin is programmed to have a maximum supply of 21 million coins, with diminishing mining returns accomplished by cutting the mining block reward in half every 210,000 blocks, until eventually no more Bitcoins are mined. This article explores the past, present, and future of Bitcoin block halving, and its impact on mining revenue and profitability. Read the full article at https://bitcoinnews.com/bitcoin-block-halving-schedule/ |
|
|
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 27, 2018, 07:36:30 PM |
|
Ethereum Devs Consider Hard Forking Every 8 Months Ethereum developers have so apparently decided to hard fork Ethereum every eight months. This was the conclusion of a regular meeting conducted over YouTube on 24 August 2018. Some were even suggesting every six months but that was considered too much pressure for the team. A fork called Constantinople is coming soon. Read the full article at https://bitcoinnews.com/ethereum-devs-consider-hard-forking-every-8-months/ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
