By short selling Bitcoin, he planned to make
gains out of Bitcoin's short - term price trend.
Not exact matches
Altcoins are clearly lagging
Bitcoin, with Ethereum and Ripple still being the biggest laggards
of the market, as the second largest coin now retraced all
of its
gains since the December break -
out.
Gains were spread
out evenly across most major assets, with the likes
of bitcoin and Ethereum showing signs
of a bullish breakout.
Apparently, an attacker managed to take control
of the email address
of the Inputs.io administrator,
gain access to the site's database and transfer
out $ 1.2 million
of other people's
bitcoins.
But we also flog ourselves into a real frenzy
of greed: How did we miss
out so completely on
Bitcoin's incredible & stupendous
gains over the last few years (even this year!)?
Because in most jurisdictions
bitcoin is regarded as a commodity rather than money, you must figure
out, first, how to book your
bitcoin transactions, and second, what kind
of taxes you are liable for (sales, income, capital
gain etc).
Bitcoin Magazine reached
out to Todd to
gain a clearer picture
of his thoughts on the matter.
In a post on the
Bitcoin development mailing list today, Blockstream CTO and long - time
Bitcoin Core contributor Greg Maxwell laid
out the case that an unnamed
Bitcoin mining hardware manufacturer is using a flaw in
Bitcoin's proof -
of - work implementation to
gain an efficiency advantage
of up to 30 percent over other miners.
Two latest versions
of Bitcoin Core, which include activation of the SegWit code, have gained the support of nearly 3,000 nodes out of the total 6,022 in the bitcoin n
Bitcoin Core, which include activation
of the SegWit code, have
gained the support
of nearly 3,000 nodes
out of the total 6,022 in the
bitcoin n
bitcoin network.
However,
Bitcoin is
gaining so much momentum and market value that the haters are coming
out of the woodwork; and in the immortal words
of Biggie Smalls, «More money, more problems.»
Trading volume on peer - to - peer exchanges broke another all - time high in most
of South America, Russia, and even in the U.S. South America Following Venezuela According to recent stats,
Bitcoin continues to
gain popularity presenting itself as a way
out from accentuated inflation, demonetization policies and general economic and political uncertainty in troubled countries.