Vice President cryptocurrency startup with Russian roots Bitfury George Kikvadze likes to make loud statements. In December of last year that Bitcoin is undervalued relative to gold in 50 times. Now he about his prospects.
theAccording to the businessman, in the near future the rate of the first cryptocurrencies will grow ten times.
right Now, Bitcoin is trading in the range of 7-7,5 thousand dollars. Mark my words — the day will come and the coin is in a bear market will cost 70 thousand dollars.
Before the crypt far from the forecast of the entrepreneur. In recent days, the Bitcoin is falling, and March 30 on some exchanges, he broke the mark of 6.6 thousand dollars. the fact — the decline of interest in cryptocurrency and the strict regulation of the industry in Asian countries.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
United Colors of Benetton will begin to accept bitcoins
this week, the cryptocurrency startup Coingate about partnership with service e-Commerce Prestashop. Together, the company will install the terminals for receiving cryptocurrency in the 80 thousands small and medium-sized stores i...
The anti-2018. What cryptocurrencies have lost the most
the Peak of the market capitalization of cryptocurrencies fell on the seventh of January. Then cost niches amounted to 832 billion dollars, and today the figure is 262 billion. A fall essential, but some coins are distinguished mo...
The largest, the Bank of Canada started to block customer transactions with cryptocurrency
Canada — one of the most loyal to the cryptocurrency of countries. The government encourages mining and has no intention to ban transactions with digital money. But sometimes the views of the official agencies and private business...
General the draft law "On digital of financial assets" will be in the first half of this year. They will be followed by amendments to tax legislation that will determine the rates of deductions for miners and owners of cryptocurre...
Kazakhstan banned mining and the sale of crypts in the national currency
Russia is preparing for the adoption of the law on the regulation of cryptocurrencies. The document is being revised in the state Duma. His main points — the exchange of crypts in rubles only with the involvement of authorized ope...
Head of Nvidia: cryptocurrencies are not going anywhere. At least in the coming years
Nvidia firmly associated with cryptocurrency. Miners around the world use the video card manufacturer, 10% of the profits of the company accounts for the sale of equipment for the production of coins. Head of Nvidia Juan Gensun th...
FAS has opposed the regulation of cryptocurrencies in Russia. And compared digital money casino
In the coming months, the state Duma the law "On digital of financial assets". The document contains amendments concerning the regulation of cryptocurrencies, mining and ICO on the territory of Russia. The Federal Antimonopoly se...
The Future Of Ethereum. Reading is not for you
on the Eve of a cryptocurrency, the online edition has published articles on the basis , which was started by the Creator of Ethereum, Vitalik Buterin. We also already wrote the entry, but then deleted it. She was inaccurate and, ...
RAKIB proposed to create in Russia the national mining pool
the Russian Association of cryptocurrency and blockchain (RAKIB) tries to defend the interests of the players of the stock market. The organization promised lawsuits against Twitter, Google and Facebook. The reason — imposed socia...
Intel develops hardware accelerator for mining. It will help to save up to 35% energy
In March, the developer of the coin Monero opposed the use of ASIC miners for mining this cryptocurrency. The company promised every six months to forks, to exclude devices from the network. Now solutions for any mining company in...
Telegram received 850 million of investments by second round pre-ICO
In mid-February, Pavel Durov about investing in ICO Telegram. According to the report content, TON Issuer Inc and Telegram Group Inc received $ 850 million from 81 investors. While here the inhabitants of the territories under san...
Chelyabinsk made the coin Gram in honor of the ICO Telegram
Pavel Durov not in a hurry to announce the public phase of the ICO company. Some sources even suggest that it can . All because of the success of closed placements that are able to bring the required amount. To hasten the develope...
Cryptocurrency scammers earned 59 thousand dollars for failure Telegram
Yesterday, the Telegram messenger has not worked for hours. Users complained of crashes, and the founder of applications Pavel Durov commented on the situation on Twitter. Took advantage of cryptocurrency scammers. They went for t...
The people's Bank of China called cryptocurrency one of the main risks for the yuan
the Chinese government does not like bitcoin and in the near future to prohibit transactions with it. Now the country is about 80 percent of the capacity of all mining, and a ban would negatively affect the entire industry. The Ce...
Bitfinex team will move to Switzerland
In January, a Chinese manufacturer of equipment for mining Bitmain about their intention to open a subsidiary in Switzerland. In the company of a country called "one of the most progressive States with a good level of legal stabil...
Members of the Indian untouchables train mining
In January, the Prime Minister of India Arun Jaitly of the government's plans to tighten the regulation of cryptocurrencies. Restrictive measures aimed at combating illegal financial operations. The representatives of the untoucha...
The Ethereum-ASIC from Bitmain died before birth? Community speaks out against Asimov network
early In the week, representatives of the private investment firm Susquehanna LLP visited the plant Bitmain. During the visit, the staff made sure to create a new ASIC miner for Ethereum. After that, shares of AMD and Nvidia fell,...
Nvidia increases the production. Prices of cards may fall
At the end of January, the Nvidia has asked retailers to sell video cards to gamers, not miners. According to representatives of the company, selling two cards in one hand could recover the price of the GPU to a normal level. It s...
Why Bitcoin is cheaper. The experts
In recent days Bitcoin has significantly weakened its position. Peak price during this period amounted to 8121 dollar, while at the time of writing, the rate dropped to $ 7627. Possible reasons for this behavior is shared by the e...
Japanese car dealer has teamed up with BitFlyer for sale luxury cars for you!
Successful investing in cryptocurrency will certainly associated with the purchase of a Lamborghini. In Russia, this is difficult to crank a few months ago, the Prosecutor's office of the Krasnoyarsk territory to the dealership to...
Comments (0)
This article has no comment, be the first!