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Bitcoin Price Grows Above 8,000USD!

Bitcoin price grew to 8,000USD level, and this is not the end yet. Just some time ago, after the main threat for bitcoin, SegWit2x failed, bitcoin price surged from 7,200USD to 7,800USD. Just a few days after that though bitcoin dropped to 5,500USD, while bitcoin cash grew from 600USD to 2,600USD. Right at that moment, many bitcoins were exchanged to bitcoin cash, this, in turn, made the fees grow enormously.
Though, the bitcoin cash start time hasn’t lasted long. After it dropped in price, bitcoin miners started returning to bitcoin, hence, the digital coin price started growing. though, scalability and regulation issues are still unsolved.

Related Posts:

  1. Bitcoin Trades Sideways As Investors Look To China (2)
  2. Bitcoint Strengthens Its Positions (2)
  3. Government of Crimea fired for bitcoin mining (2)
  4. The First Blockchain Government in the World: Dubai (2)
  5. CEO of Mt. Gox Marc Carpeles Can Get More than $ 800 Million after He Settles with the Exchange’s Creditors (2)
  6. CME Launches New Bitcoin Trading Platform – Will That Influence Bitcoin Price? (2)

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Hyperinflation of National Currency Can Be Advantageous – Venezuela

Venezuela is turning into a  cryptocurrency , in particular into  bitcoin  country. So much, that Local Bitcoin s, a decentralized  bitcoin  exchange, is announcing a fourfold because of this. This means, that  digital currency has increased in popularity in the country and abroad enormously. According to the report provided by the company, the trading volume of  bitcoin  in Venezuela increased to 40 bln of bolivars, while before the boom it was just 9 mln of bolivars. This increase though was possible thanks to the absence of regulation that could control the  cryptocurrency transfers. One more reason for such boom is the  hyperinflation  of national currency and practically the collapse of banking system.  >>>  https://hotcryptobuzz.com/hyperinflation-national-currency-can-advantageous-venezuela/ Related Posts: Bitcoin Trades Sideways As Investors Look To China  (3) Cryptocurrency Debit Cards are Be...
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Bank of England Insists that Bitcoin does not Pose any Danger to Global Economy

Bank of England Insists that Bitcoin does not Pose any Danger to Global Economy + Bitcoin  was called in different ways, both positive and negative. It was even called the danger to global economy, as it eventually has to break all rules in the financial world (that may be the truth in the end) and to put the world in chaos. Though, the Bank of England calms investors and ordinary citizens insisting that  bitcoin  can be anything but the danger to the world economy.
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