The bear market of 2018 is neither the longest (so far) nor the toughest in the history of crypto. It was way worse 4 years ago when Bitcoin went down to around $400 just in 3 months after reaching almost $1200 in December 2013 and did not recover until January 2017 (three whole years !).
Even though some might think that the golden age of blockchain projects is already over and if the same token sales were happening today there would be no SONM, ToTheMoon or HOQU, I would say that there are still funds to raise and numerous ventures to embark on, but the rules of the game are
A director of the largest US cryptocurrency exchange Coinbase, Bryan Armstrong, predicts that over the next 5 years more than 1 billion people will be involved in the cryptocurrency ecosystem. In an interview with TechCrunch, Armstrong said that the crypto-ecosystem and the total number of digital currencies will continue to grow, accompanied by the growth
The founder of Wikipedia, Jimmy Wales, expressed his opinion about cryptocurrencies and DLT. The blockchain has prospects, in his opinion, however, cryptocurrency is hardly ever scaled to the level of fiat money. He said he felt skeptical of crypto, like of the dotcom bubble. Wales named several barriers that would prevent large-scale crypto-currency in the
Security expert and Tactical Tech director Matt Mitchell warned crypto-enthusiasts that their love of bitcoin symbols may potentially be turned against them when they are asked to undergo an additional safety check at the airport or other public places. “Conferences, borders, airports, crowded places -t here stickers can entail closer scrutiny for participation in opposition
Maciej Kranz, vice president of strategic innovation at Cisco Systems, published a reassuring article in the journal Network World. Blockchain is more often associated with cryptocurrencies, such as bitcoin, and confidential financial transactions, but for the corporate world, it is much more than a secure digital ledger, Kranz says. According to him, the blockchain in combination
Gary Cohn, who used to be a director of Goldman Sachs and top advisor of the US President on economic questions, recently expressed his opinion about crypto. He explained that he believes in cryptocurrencies’ potential but does not see bitcoin as a leading financial instrument of the future. He stated that he hopes for a
On July 19, the State Duma of the Russian Federation adopted in the first reading a bill on raising the retirement age. It was presented as the one way to eliminate the demographic crisis. However, experts point out that there is another way: a full-fledged pension reform, optimizing the activities of the Pension Fund of Russia.
The investment strategy group of Goldman Sachs concluded that the price of BTC will decrease soon. According to Business Insider, the leader of the investment strategy group explained that the entire market capitalization of digital assets is only 0.3% of world GDP, and crypto is not going to “retain value”. The representative added that the
In a sense, our planet is a battery that preserves the energy received from the sun. It’s a renewable energy source which grows over time. However, if humanity will one day burn all available energy faster than it consumes, then someday it will all just end. Nobody knows when it will happen. But a sense
Dmitry Peskov, the special envoy for digital development of the Russian president, expressed his opinion on DLT during a recent educational event. “I have a very good attitude towards distributed ledgers, this is the future. Blockchain is one of the subclasses of distributed ledgers, and not the best one. The technology has a number of limitations, some
Changpeng Zhao, who is CEO of one of the biggest crypto exchanges – Binance, responded to Vitalik Buterin on Twitter: “Let’s not wish others to “burn in hell”. Let’s have a bigger heart, and appreciate the fact that we are part of an eco-system..” Earlier, Vitalik Buterin gave his opinion on the tendency of centralization