Bitcoin | ForkLog

Krzysztof Shpak 2934 06.04.2020

Binance Accused of Stealing $1 Million Worth of Assets: Company Denies Everything but Class Action Underway

In November 2018, Binance cryptocurrency exchange blocked an account containing almost $1 million worth of funds. Its owner accuses the site employees of embezzlement. This was initially reported to Forklog by the representatives of HackControl.

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Krzysztof Shpak 1049 05.04.2020

Peter McCormack on Silk Road and Bitcoin: as a Cocaine User—It Was Brilliant

As governments and law enforcement agencies love to remind us, Bitcoin, just like everyday paper cash, does have a darker side. Many people entered crypto through shady deals and darknet markets. Yet some managed to get their lives in order and realized that Bitcoin was just so much more than darknet cash.

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Krzysztof Shpak 691 04.04.2020

Tone Vays: Whatever Governments Call Their Digital Currencies, It’s All About Getting Rid of Paper Money

A lot is going on with the economy. The monetary authorities around the world leverage their powers to intervene by printing money and introducing unconditional payments for citizens, businesses change their model or struggle to keep afloat.

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Krzysztof Shpak 823 29.03.2020

Blockstream’s Christian Decker: It’s Really Hard to Inject Usefulness Into Proof-Of-Work

Lightning Network, a second layer payment protocol, can mean a lot to Bitcoin and other blockchain-based systems. It is hailed as a solution to scalability problems and a way to make crypto payments ubiquitous, but the tech isn’t quite mature enough to handle all that.

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Krzysztof Shpak 527 26.03.2020

Stepan Gershuni: You Will Be Able to Buy Something With Bitcoin, Not so Sure About Other Currencies

When the quarantine is over and there are people in the streets and shops once again, we may see a world that isn’t the same as the one before. On the one hand, many people and organizations will learn new tools and ways to work remotely. On the other hand, the world economy will take […]

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Krzysztof Shpak 569 25.03.2020

Whales or Rookies: Who’s to Blame for Bitcoin Crash?

The market crash of the 12th–13th of March, was an unexpected and tough trial even for seasoned investors. The actual reasons behind the crash are still up for debate.

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Krzysztof Shpak 645 24.03.2020

Bitcoin Needs Catastrophe to Succeed

The current shifts in politics and economics will affect everybody regardless of their involvement with Bitcoin. Moreover, the current crisis presents an opportunity for Bitcoin to achieve what it was made to achieve—become money.

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Krzysztof Shpak 737 22.03.2020

Adam Back: The Question Was Whether Bitcoin Would Bootstrap

While waiting for the world to get back to normal, it may be useful to take a moment and turn away from all the turmoil and uncertainty. In this particular case, we offer you to look back at certain fundamental values and properties of Bitcoin.

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Krzysztof Shpak 696 21.03.2020

Alex Mashinsky on DeFi: Just Circulating Everything Inside the System Is not Going to Make Bitcoin Go to 100,000

How much more do banks earn from investments than their clients? Do they screw poor people over? Is DeFi a viable alternative system for banking? How can we entice more users to join DeFi systems? What business models allow private funds working with DeFi to become a bridge to the world of cryptocurrencies for the […]

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Krzysztof Shpak 707 20.03.2020

Global Recession: What Are Risks For Bitcoin And Miners

The last few weeks have been hard for the world economy and logistics. Logistics and supply chains are disrupted, some states close their borders and restrict public events. This doesn’t make investors happy, lowering business activity and total demand.

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Krzysztof Shpak 474 18.03.2020

Is Bitcoin Safe-Haven Asset? What Experts Think

Bitcoin has long carried the informal title of digital gold. This title implies that Bitcoin was believed to share certain qualities with gold, namely being a protective asset during periods of market turmoil.

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Krzysztof Shpak 452 17.03.2020

Professional Trader Talks About Bitcoin Price Bottom

As the Bitcoin markets settle down, it’s still not clear how the price of the first crypto will develop, given the tough time entire nations’ economies are going through.

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