Sentences with phrase «go against bitcoin»

Will they twist state laws to favor or go against Bitcoin futures trading?

Yet, despite its promises, Lightning Network is still not equal to bitcoin's peer - to - peer on - chain transactions, and will instead lead to big payment «centers,» which goes against bitcoin's initial design as a peer - to - peer payment system.

Not exact matches

But while Buffett said he wouldn't go so far as shorting Bitcoin, he suggested he might find other ways to bet against it.

Visa's CFO similarly went on a tirade against bitcoin.

It is disturbing not because of Bitcoin Core's lack of enthusiasm for standing against Segwit2x, which is the way it appeared, but rather it was the fact that the people who support Segwit2x went to great lengths to confuse the general public about Segwit2x, what it meant, what it would do and even spent a good deal of time convincing people it was not an option, but a requirement; a simple software upgrade.

Finance minister going all out against Bitcoin and other cryptocurrencies is definitely a reason for grave concern for the Indian cryptocurrency investors as he said that the government does not consider these virtual currencies as a legal tender.

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.

However, some of the requirements of the BitLicense requirement go against a lot of the ideas early bitcoin users had about what the currency could be.

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.

It is clear that the SEC is going to do an enforcement action against a number of Initial Coin Offerings (ICOs), and the people who are selling utility tokens to investors for Bitcoin or Ether cryptocurrencies.

Central to this sentiment is that, ultimately, developers think Segwit2x will fail because the way it's implemented goes against how bitcoin is intended to work - that, and because it tries to push through a change that doesn't have broad support.

The calculation cited above arriving at that BTC = $ 50,000 is implicitly assuming a money velocity of 1, which goes against the Silicon Valley vision of a Bitcoin - as - payments unit that people swap in and out of via intermediaries like Coinbase and BitPay.

Japanese exchanges and retailers went ahead and stopped processing bitcoin transactions as a precaution against possible glitches in the network.

With a massive 24 hr volume approaching $ 10 billion, Bitcoin Cash has gone parabolic, gaining close to 100 % against Bitcoin.

Centralised monetary policies go against everything that Satoshi's original concept for bitcoin stood for.

Bitcoin and other cryptocurrencies represent a small rebellion to the average millennial — a chance to go against the grain and deploy their money as they see fit.

Ethereum went sideways against Bitcoin during the session on Friday, as the 0.0725 level looks to be resistive.

«We have all these currencies since Bretton Woods, fluctuating against each other, and maybe the dollar hasn't gone to zero against these currencies but all of them have gone down 95 percent... versus something that they can't control like... gold and Bitcoin.

While some argue that this goes against the cryptocurrency's original ideology as laid down in its whitepaper, others believe that it is a natural evolution for bitcoin.

Earning fame through their lawsuit against Facebook mogul Mark Zuckerberg, they have gone on to build solid names for themselves in the arena of bitcoin and digital currency.

He goes on to thank everybody in the community, whether in favor of or against the upgrade, and finishes by saying that «Bitcoin remains the greatest form of money mankind has ever seen, and we remain dedicated to protecting and fostering its growth worldwide.»

Central to this sentiment is that, ultimately, developers think Segwit2x will fail because the way it's implemented goes against how bitcoin is intended to work — that, and because it tries to push through a change that doesn't have broad support.

As and when bitcoin adoption increases, it is highly unlikely that a person from Asia or a person from Africa is going to trade bitcoins against US dollars.

The cryptocurrency expert then went on to highlight the fact that Bitcoin itself is incredibly difficult to regulate against.

«We have all these currencies since Bretton Woods, fluctuating against each other, and maybe the dollar hasn't gone to zero against these currencies but all of them have gone down 95 %... versus something that they can't control like... gold and bitcoin.

The major problem in implementing bitcoin regulation is that it goes against the primary feature of cryptocurrencies i.e. anonymity.

Personally, these acts of pumping the coin and being controlled by a few large miners make me sceptical of Bitcoin Cash — it just feels like it's going against the ideology of cryptocurrencies.

With so many positive things going on for Ethereum, its main challenge for now is to up its competition against Bitcoin, a fairly steep call.

It reached $ 339.35 by the time this article went to press, while also rising 1.11 % against Bitcoin.

On the negative side, it also gives some control of Bitcoin transactions to a third party that can charge their own fees, something that a lot of people see as going against the fundamentals of Bitcoin.

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,

So it's perplexing how so many of us go against the original intention of Bitcoin and entrust our decentralized money to exchanges and other third - party services.

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, more recently, mind - blowing returns.

Bitcoin Node Count Goes Parabolic Contrary to the many cries of doom and gloom, admonishing against a network split last spring, the Bitcoin network not only survived the August 1st hard - fork but appears to be stronger than ever.

«We've been working really hard to give Jamie Dimon an opportunity to short bitcoin, and anybody who says that you know, it's a fraud or a bubble, you can go now [and] put your money where your mouth is, and bet against it.

Their view is that costs could increase due to space allocations and Bitcoin shouldn't be considered as a payment network as it goes against the decentralization ethos and gives too much control to miners and businesses.

While Ethereum price went up as much as 93.57 %, Bitcoin price saw 65.72 % rise against Gold, Silver and S&P 500.

Going against the bearish look for the current value of Bitcoin, Sheba Jafari, Chief Technician at Goldman Sachs today told its clients that Bitcoin might reach a new high of over $ 3,600 very soon.

Going on to call bitcoin «an excellent transfer device» that sits outside of the traditional banking system, Casey said that his original argument against bitcoin's use value was invalid.

As noted, bitcoin futures are already being traded in two very established exchanges, and things appear to be going well apart from the relative lack of excitement set against early expectations.

However, Bitcoin has become so big that its very size and price seem to be going against it.

For example, a hedge fund that previously abstained from going long Bitcoin, due to the lack of hedging tools, might now consider allocating Bitcoin it to its fund, using a series of futures contracts to protect against downside risk.

Alternatively, if you've taken out a loan against your Bitcoin, you can wait a few more years to sell those Bitcoin, because you believe they might go up a lot more over time, and when you sell those Bitcoin, you can use a small fraction of that sell to pay off the principal of your loan.

It just really goes against the underlying principles of bitcoin..

He went on to state that «consumer adoption is the problem», speaking out against the «if you build it they will come» mentality of the bitcoin ecosystem in past years.

Garzik believes that a solution of the scaling problem should not involve going against the principle of equality essential to bitcoin.