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“HODL!” Says Foundation for Economic Education Director
Category: Bitcoin, Commentary, Finance, News
Can you buy a cup of coffee with Bitcoin? If you can, should you? If you own Bitcoin and choose to sit on it and not spend it, are you hurting the economy at large? Are you hurting or slowing Bitcoin’s growth? According to the Foundation for Economic Education (FEE) Director and author of thousands of scholarly articles, no, you…
“Past sell-offs were followed by rallies of ~150 percent within 84 days”: Tom Lee remains Bullish on Bitcoin
Category: Bitcoin, Commentary, Finance, News
Many proponents of cryptocurrencies have often been bummed out about the general lack of interest among key U.S. stock market strategists to issue bitcoin price targets. However, the only major strategist from Wall Street who does it regularly seems to have continued betting on the most valued virtual currency in the world (by market cap). In his third such report…
#UASF: Power to the Users?
Category: Bitcoin, Blockchain, Commentary
When the miners display inertia, the users do it by themselves; the movement for BIP148, the user-activated soft fork, is gaining momentum. On August 1 the soft fork will activate. We explain what is behind the keyword #UASF. Suddenly things can happen quickly. Front and center in the Bitcoin community these days you see the promotion of #UASF, the User-Activated…