Sentences with phrase «speculation around the bitcoin»
The use of bitcoin for illicit purposes has long been the most controversial aspect of the cryptoasset, although it has taken a back seat to speculation around the bitcoin price over the past few years.
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Throughout 2014, financial traders around the world have been enthusiastically taking to bitcoin as a new area for speculation.
Venezuela's move looks more like a desperate attempt to divert attention away from it's current dismal economic state, and to associate it's currency with the wild speculation taking place around bitcoin right now.
A Digital Asset Research report in 2017 went so far as to estimate current bitcoin use cases would make the currency worth around $ 2,074 without speculation.
There's also been plenty of speculation around Korea's plans to regulate crypto, although the government has since clarified it doesn't plan an all - out ban on bitcoin and crypto trading.
As an increasing number of users start to use Bitcoin, the demand for the cryptocurrency and speculation around the cryptocurrency market will further rise at a rapid rate.