Most Bitcoin owners and cryptocurrency buffs are familiar with the phenomenon of forks. Some dread them due to a potential negative effect they could have on the main currency, while others hope to use them to achieve a profit. But what are they? In simplest terms, a fork is a user-powered derivative of the original…
In recent months, there have been a number of events that have caused short-term volatility in cryptocurrency markets. These have included suggestions of increased regulation around cryptocurrency trading by certain Asian governments and, more simply, short-term traders exiting the market to realize substantial gains. On January 8, it happened yet again, when there was what…
2017 could rightfully be called the year that Bitcoin was embraced. The cryptocurrency has been in circulation since 2009 and has enjoyed reasonable pricing throughout its history, but it wasn’t until last year that investors and institutions truly opened up to the idea of a valuable and decentralized digital currency. With this acceptance came a…
The value of traditional assets and currencies tends to be determined by the standing of companies or governments issuing them. While Bitcoin’s decentralized status acts as one of its perks, it can also lead to perplexing valuations; in the absence of fundamentals, faith plays a major role in determining Bitcoin’s value. In particular, a show…
