Sentences with phrase «virtual currency analyst»

Not exact matches

When it comes to the future of bitcoin and its widespread adoption capabilities, one of the common themes that investors, analysts and venture capitalists iterate is the virtual currency's security.

An industry analyst, Lu Tianwen, says that you'll be mining the phone company's virtual currency, which you'll then redeem for rewards.

The Chinese crackdown led to a crash in bitcoin's value, although some cryptocurrency analysts think it could be good for bitcoin in the long run, by proving that one country — no matter how large — can not sink the virtual currency.

Miles Eakers, chief market analyst at foreign exchange business Centtrip, said in an email on Monday night: «Governments across the globe continue to clamp down on retail investors speculating on cryptocurrencies, with the People's Bank of China stating it would step up measures to remove any onshore or offshore platforms related to virtual currency trading or ICOs, «to prevent financial risks».»

Many analysts have come out to give their expert analysis and predictions on the virtual currency.

However, financial analysts are less clear on how Bitcoin's high valuation will affect other coins downstream in the virtual currency market.

Amongst all the bearishness and predictions of a Bitcoin Crash one analyst speaking at the World Economic Forum in Davos, Jeet Singh, a cryptocurrency portfolio manager for the last six years, says it is common for virtual currencies to fluctuate by 70 or 80 percent.

Some analysts have predicted more selling in bitcoin and other virtual currencies ahead of the mid-April deadline to file U.S. tax returns.

Speaking to The Telegraph, analyst Lilian Chovin declared the virtual currency a speculative asset that holds no tangible value.