Sentences with phrase «by bitcoin proponents»

It took into consideration some of the comments submitted by bitcoin proponents.

As the proportion of SegWit transactions remains at around 11 % of the total, any opportunity for expansion is hotly awaited by Bitcoin proponents looking to see it preserve its status as the go - to cryptocurrency.

In addition, the average fee cost for a Bitcoin transaction has climbed to nearly $ 5, going against the initial claims by Bitcoin proponents that the currency would be faster and cheaper to use than existing credit cards.

Not exact matches

But whether Bitcoin can actually replace gold (let alone traditional government - backed currency) has been a matter of fervent debate — quite literally, as evidenced by an event last week entitled «Gold Versus Bitcoin,» held at a New York comedy club, in which well - known gold proponent (Jim Rickards debated James Altucher, a self - help author now peddling Bitcoin investment advice under the moniker «crypto - genius.»

Bitcoin proponents like the fact that it and a host of other currencies generated by computer programs are not backed by a government or central bank, and that their value fluctuates only according to demand.

As the proponents have benefitted by holding through every dip, there is a sense of security among the buyers that no matter what, price of bitcoin can and will only go up.

Square is owned by Twitter co-founder, Jack Dorsey, a huge bitcoin proponent.

While we do believe the New York Agreement (NYA) and Segwit2x proponents have the best of intentions in attempting to improve Bitcoin's protocol and have contributed so much to the development of the Bitcoin industry as a whole, we do not agree with the process by which they chose to enforce these changes.

As Bitcoin Cash, or Bcash, is slowly but surely turning into a functioning cryptocurrency, one topic remains contentious in particular: its name.Many proponents of the coin, judging by popular sentiment on social media like Reddit and...

Futures for Bitcoin Cash (BCC or BCH), which have been listed by the mining pool and project proponent ViaBTC, are currently trading for roughly $ 384, according to CoinMarketCap.com

In the aftermath of the announcement made by Segwit2x working group about calling off the hard fork which was scheduled to impart a makeover to crypto - sphere in the coming week, several Bitcoin proponents have finally revealed their opinion about the same.

The suspension was announced yesterday in a thoughtful email written by vocal 2X proponent and CEO of popular Bitcoin wallet BitGo, Mike Belshe.

Proponents of the cryptocurrency have forecast the market capitalization of bitcoin to reach $ 1 trillion by 2025

Bitcoin proponents are looking forward to next weekend's bitcoin - based futures products introduced by CME Group which will bring cryptocurrency derivative to a much broader auBitcoin proponents are looking forward to next weekend's bitcoin - based futures products introduced by CME Group which will bring cryptocurrency derivative to a much broader aubitcoin - based futures products introduced by CME Group which will bring cryptocurrency derivative to a much broader audience.

The launch of bitcoin futures is being viewed by various cryptocurrency proponents as a big step towards legitimizing digital currencies in front of the institutional investors.

Roger Ver, formerly known as Bitcoin Jesus and a major proponent behind Bitcoin Cash, has made a bet to the world, that Bitcoin is going to outperform gold, silver and the dollar by 100 times.

Aside from processing transactions for cryptocurrencies including bitcoin, blockchain could also help businesses run more efficiently by cutting out intermediaries, according to the technology's proponents.

He further outlined that while many bitcoin proponents have been wowed by the recent opening of bitcoin future contracts on CBOE and other regulated exchanges, these developments do not necessarily signal a widespread acceptance of the bitcoin as a financial instrument.

Bitcoin Cash was created by ViaBTC, backed by BitMain — the biggest mining pool in the world — with the support of proponents like Roger Ver, Gavin Andresen, and Craig Wright.

Proponents have long theorized that this divisibility, coupled with a wider adoption of bitcoin, could create conditions under which all manner of digital media, now largely subsidized by advertising and events, might be paid for through bitcoin micropayments.

If — as proponents of Bitcoin pointed out in response to Dimon's criticisms — Bitcoin provides intrinsic value in part by enabling transactions that traditional currency can't, then PART's ability to accommodate a range of transaction types and use cases makes it even more valuable.