So far, investors have not
bet against bitcoin and placed a substantially large number of short contracts against the cryptocurrency.
As many alternative cryptocurrencies are
traded against bitcoin, when bitcoin drops, many other alternative coins will drop as well.
Only a few cryptocurrencies have been able to surpass the gains of bitcoin, and most cryptocurrencies have recorded
losses against bitcoin.
For example, we offer
loans against Bitcoins — where the coins are used as collateral for fiat currency loans.
Another reason bitcoin has likely taken it on the chin in recent weeks is the ability of skeptics to finally make
bets against bitcoin.
Their exchange rates are often more volatile, and over the years virtually no altcoins have maintained their
value against bitcoin; most have come and gone.
Only a few cryptocurrencies have been able to surpass the gains of bitcoin, and most cryptocurrencies have recorded
losses against bitcoin.
-LSB-...] constant attacks by Bitcoin Core
against Bitcoin Cash reveal far more about their own intellectual and moral state than they do any weaknesses in Bitcoin Cash, but exactly what they reveal is not immediately -LSB-...]
At the same time, phishing
attacks against Bitcoin exchanges and private Bitcoin holders have mounted along with the price of bitcoin.
The Japanese Yen is the most traded currency
against Bitcoin in the world, followed by the Dollar and the Euro.
While the central bank, Bank Indonesia, hasn't banned cryptocurrency exchanges in the country, the institution's governor has previously threatened legal
action against bitcoin adopters using the cryptocurrency for payments.
While North Korea always seems to be up to some mischief, these ongoing attacks
against Bitcoin exchanges is likely a sign of desperation.
As reported by CoinStaker, Microsoft has decided to offer support to
Bitcoin against Bitcoin Cash scaling solution.
Russia has come in hot with attempts to deface and go up
against Bitcoin as well as other decentralized currencies.
Hong's announcement came just after an hour since the head of South Korea's financial regulator
warned against the bitcoin bubble during a meeting with the press.
The Bitcoin community has leveled new
criticism against Bitcoin Cash (BCH) after data reveals its bigger blocks are not living up to developers» promises.
The brokerage also said clients will not be able to take short positions, or bet
against bitcoin futures, «due to the extreme volatility of cryptocurrencies.»
Earlier this week, Jamie Dimon, the C.E.O. of JPMorgan Chase, went on a notable, vociferous
tirade against Bitcoin, the cryptocurrency that has been associated over the years, fairly or not, with the Silk Road drug ring, the Winklevoss twins, and,
In this opinion piece, one of a weekly series of columns, Casey considers China's recent
moves against bitcoin exchanges and ICOs in a wider geopolitical context.
Based on this, if they were to begin engaging in PR for the cryptocurrency, their influence in this niche would not bring them any benefits, in the
fight against bitcoin criminality.
Some may have missed a distinctive feature of the recently filed class action lawsuit
against Bitcoin mining company Giga Watt, Inc.: it is not a fraud suit.
, the Winklevoss twins, the first confirmed bitcoin billionaires with the exception of bitcoin creator Satoshi Nakamoto, challenged skeptics and critics including JPMorgan CEO Jamie Dimon to bet
against bitcoin by shorting the cryptocurrency if they are confident that the value of bitcoin will decline in the long - term.
Several altcoins such as ICON have also performed
well against bitcoin, leading to excitement within the cryptocurrency space.
Ethereum and ERC20 tokens have performed poorly in the past week, and as Bitcoin continues to build momentum, it is likely that Ethereum and tokens based on the Ethereum network will continue to
fall against Bitcoin in the short - term.
Many users and prominent community members have also voiced out
against Bitcoin Unlimited, believing that it is a rash and unprofessional attempt to scale bitcoin or even an «attempted robbery.»