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Relief and Disbelief – Bitcoin Reacts to Sudden ‘2x’ Suspension

November J, 2017

Relief and Disbelief – Bitcoin Reacts to Sudden '2x' Suspension The tweets came fast and furious, almost quicker than the articulation. After months of anger and debate, a group of businesses and mining firms that use bitcoin’s software to provide services suddenly shuttered an attempt at changing its rules. Scheduled to be introduced in mid-November, the Segwit2x software had emerged as a controversial bogeyman, a cloud of uncertainty over bitcoin’s future, that quickly gave way. Among those who had for…

First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way

September J, 2017

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First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way Bitcoin, bitcoin cash, bitcoin gold? There could be as many as four cryptocurrencies bearing the bitcoin name if a small group of miners and developers carry out a planned fork of the blockchain this month. Styled as a rebellion of sorts, bitcoin gold aims to follow a similar launch plan as bitcoin cash – the blockchain that split from bitcoin this summer by way of a "hard fork."…

Will The Bitcoin System Change Drastically in 2017

March J, 2017

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Will The Bitcoin System Change Drastically in 2017 Bitcoin continues to be as popular as it is volatile. Prices have been fluctuating since the beginning of the year, hitting an all-time high at more than $1,300 per unit a couple of weeks ago. Nevertheless, value has yet to stabilize for a number of factors. The cryptocurrency market has more competitors entering the game every day, with alternatives like Ethereum and Litecoin gaining more ground in the digital world. Still, they…