There has been a significant switch from mining Bitcoin to Bitcoin cash. At the moment, the new kid is winning miners on the Bitcoin blockchain over. This is because the coin is now more profitable to mine than Bitcoin core. However, this situation isn't expected to last.
It's happening. The anticipated war between Bitcoin and Bitcoin cash has begun, and it's intensifying. And this is different from the war in the Bitcoin community over making Bitcoin scale via Segwit2x, and threats of new hard forks down the road.
When bitcoin forked on August 1st to birth bitcoin cash, no one had an idea it would be what it is today. Sure, some analysts and people familiar with the crypto market were bullish about its future and said it could rival bitcoin itself but the prevalent feeling among investors who got bitcoin cash tokens was that the new kid is worthless.
Surprise, surprise. Bitcoin is back on track for its biggest push so far, with its price doubled in value in just one month.
If you consider bitcoin cash "free money" that you should sell immediately you get yours, you might be wrong. It could turn out to be more. New developments are suggesting that Bitcoin cash could well be the stone builders rejected which eventually turned out to be the corner stone.
It seems predictions that Bitcoin will hit $5,000 by December 2017 could be wrong - the crypto currency is more likely to hit the $5,000 mark much earlier, as bellicose rhetoric and territorial dispute loom in South Asia.
It was just a week ago that Bitcoin split up resulting in Bitcoin Cash. Bitcoin price took a slight hit, but with the SegWit coming in, it has been estimated to go up to $5,000.
The world's most valuable cryptocurrency, Bitcoin, hit $3,600 today, the highest it has ever been since it was first mined in 2009. This doesn't seem to surprise many as bitcoin has been on the rise in the past few weeks. The coin is expected to continue rising in the future, fulfilling the $5,000-before-December prophecies that are thrown around.
Bitstamp, one of the biggest and oldest cryptocurrency exchanges in the world has finally opened its doors to the trading of ether. Ether is the cryptocurrency that powers the ethereum blockchain.
Bitcoin is a kind of digital currency which is heavily protected by encryption technology. The technology is used to regulate the generation of units of bitcoin and also to verify the transfer of funds on its network.
Against major market sentiments, bitcoin is on the rise again. Many investors had been expecting the cryptocoin to start depreciating following the activation of the bitcoin cash hard fork on the first of August, but now things seem to be going in the other direction. Why is it so?
Just a few days ago last August 1st, Bitcoin took another split with the birth of Bitcoin Cash. What does it mean to consumers?
Am I ready for Bitcoin Cash? How much will I make on Bitcoin Cash? Bitcoin Cash tokens are finally here and many crypto investors are expected to have a piece of the cake but not all will. This is because cryptocurrency wallets will be treating the hard fork in a different manner.
It's not over until it is over. The disagreement in the bitcoin community has given birth to a fork - Bitcoin Cash, which comes to life on the first of August. It will be the first time bitcoin will go through a hard fork. Everyone has their ears to the ground, waiting cautiously and expectantly. The future begins now.
Although all seems set for bitcoin to eventually scale and overcome its recent troubles with the aversion of a hard fork, the future is still uncertain to some extent. The events of the next few days will determine if we can finally hold hands and heave a sigh of relief.
With technology, it can either be used for the greater or for the greater evil. It seems that just recently that Bitcoin was used to launder ~$4 billion USD worth of Bitcoin with the capture of a Russian criminal mastermind.
A blockchain is a distributed database, on which bitcoin protocol was based, that records and maintains a list of all transactions taking place in real time.
Singaporean startup TenX has introduced a Visa card backed by cryptocurrency wallets. This card aims to bring bitcoin into the real world. Will it work?
Bitcoin and other major cryptocurrencies worldwide underwent a huge downfall recently, with Bitcoin leading the way by losing ~20% of its current value.
Bitcoin may soon rally back to regain all of its losses as a group of mining pools have signaled an early adoption of Segwit2x as its launch date draws nearer.
Digitization and cashless transactions have triggered the popularity of mobile app payment services and most recently Bitcoins among the young adults. These modes of payments, especially Bitcoins, are most likely to give a tough competition to the Banks and other traditional financial institutions.