AuthorAndrew Quentson

Feel free to contact me at [email protected] with any information you may have.

Segwit Reaches 80% of the Bitcoin Hashrate as Activation Looms

Bitcoin Google

Bitcoin miners have seemingly made a decision to activate segwit with some 80% of the hashrate currently voting for the protocol upgrade with other miners expected to follow soon. Antpool/Bitmain, the biggest bitcoin mining pool, is currently voting for segwit. As is Bixin, BW, BTCC, Bitfury, ViaBTC, BTC.TOP and some smaller pools. F2Pool is expected to follow soon, as will, most likely...

ViaBTC Will List Big Blockers' BitcoinABC for Bitcoin Split

One of Bitcoin's biggest mining pools, ViaBTC, has stated they will list for trading BitcoinABC, named Bitcoin Cash (BCC), while allowing their users to mine the fork on a new mining pool. "From 22nd July 2017 (UTC Time), ViaBTC exchange users can trade your “BTC” assets against 1:1 ratio into both “BCC” and “BTC_FROZEN2” assets. Namely, you can trade 1 “BTC” into 1 “BCC” token and 1...

Bitcoin Crashes as Chain-Split Risks Increase

Bitcoin fell below $1,900 today, from around $2,600, as the fast approaching August 1st deadline nears, seemingly considerably increasing uncertainty among traders and investors. The currency has been experiencing a downtrend for much of June and July, falling from around $3,000 to just above $1,900 at the time of writing, with the downwards price movement seemingly accelerating in the past few...

British Bitcoiners and Ethereans Head to an Historical Election

Summer has not yet found its way to London. It's cloudy. It's windy. Reflecting, perhaps, the very big decision the British people are to make today, the third such decision in just two years. The two candidates could not be more different. Jeremy Corbyn is loved by the people, they sing his name. Theresa May comes across as cold, hardly inspiring anyone. Yet, everyone says she will win, not...

Digital Currencies' Combined Market Cap Breaches $100 Billion(!)

Digital Currencies Market Cap 100 Billion

The market cap of all digital currencies has now risen above $100 billion for the first time ever as a boom seemingly continues in this space at a scale and speed never seen before. Bitcoin has been leading, rising nearly 14% with its price nearing $3,000, an all time high. The currency has gone mainstream in the west, with its market cap now standing at almost $50 billion. What is driving...

Ethereum Rises to a New All-Time High, Beyond $250

Ethereum all-time high

The ethereum spring continues as the currency makes new highs daily recently, rising beyond $250 from a recent low of around $150. It is dragging everything else up too, including bitcoin which has not yet made a high after its drastic $1,000 correction around 10 days ago. The currency is rising for many reasons, but maybe this time Putin dunit as the Kremlin is boasting Putin met Vitalik Buterin...

Opinion: Are Bitcoiners Losing Faith?

"I have zero trust left for Jihan Wu and Bitmain. I do not believe they have the best interests of the Bitcoin community in mind. They continue to collect substantial fees from everyone, yet try to deflect blame on others who get none of those fees whatsoever." So charged Eric Lombrozo, a bitcoin developer, in a statement that amounts to nothing less but the president scolding the supreme court...

Bitcoin Price Rises Above $2,500

Bitcoin price all time high

Despite its problems with scalability, which has led some to now complain of fees in the $13 range or $26, bitcoin's price continues to increase, rising above $2,500 today after what appears to have been a a downwards correction from an all-time high of $2,800. Its rise is probably mainly due to speculation, in particular by the Japanese where bitcoin trading has been added to z.com, which claims...

Do NOT follow this link or you will be banned from the site!