After a strong rise last Thursday on news that a hard fork had likely been averted for now, bitcoin has reversed some of those gains and is sitting at $3,217 at time of writing.
Actually, with a bit of explanation it’s not that hard to understand. And today I’m quickly going to outline a little bit about the ‘other’ ethereum, Ethereum Classic (ETC).
This year Bitcoin will go mainstream. Bitcoin is rapidly becoming a legitimate alternative to the fiat dollars we have offered to us today.
Following the horror weekend, ether bounced back up 75% to US$245 again yesterday. And then today (you guessed it), it slid down again.
These issues will resolve themselves one way or the other. Then, as always, the Bitcoin project will continue to move forward.
It will be fascinating to see how it all plays out. And we will be sure to let you know what it all means for you over the next few months.
Owning and purchasing bitcoin is currently legal in Venezuela. Though, it’s unclear whether using bitcoin for foreign trade will always be allowed.
Following China's embrace of Ethereum, Russia wants in as well. Now Putin wants to build a new digital economy based on blockchain technology.
By the time your planner or stock broker is recommending crypto investments, the time for the big profits will have well and truly passed. Can you wait?
Litecoin has surged higher in the wake of several successful developments this year. But it has been performing particularly well lately.