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Category: Opinion

Is Bitcoin the New Gold in the Financial Markets

Is Bitcoin the New Gold in the Financial Markets? No Comments

Gold prices have been steadily tumbling in the past few weeks, more so recently after the Chinese reserves data revealed a smaller than expected portion of gold reserves. Gold has been treated as a hedge against inflation, typically gaining in value also when investors are seeking lower-yielding returns from safe-havens. This time around, even with all the monetary policy easing going on among ...

bitcoin greece, greek debt, bitcoin europe, bitcoin issues

New Analysis Reveals 22 More Countries in Debt Crisis No Comments

The unfolding drama inside the Greece’s debt-struck economy has been captivating and heartbreaking at the same time. It has given us — the common people — a preview of a once-wealthy country, falling prey to the 2008’s Wall Street implode, and further reaching to the verge of being called a bankrupt. But considering Greece as the sole sufferer of some economic meltdown is a mistake. The...

Bitcoin Industry 2015

How Did the Bitcoin Industry Fare in the First Half of 2015? No Comments

The bitcoin industry had its ups and downs so far this year, a decent performance relative to the massive downturn it saw last year. What kind of developments did we see so far and how did these affect bitcoin prices? Greek Debt Crisis Perhaps one of the biggest drivers in bitcoin price action so far is the Greek debt issue, which led to the imposition of capital controls in the country and left...

Paul Krugman Takes Another Potshot at Bitcoin

Paul Krugman Takes Another Potshot at Bitcoin No Comments

If you and I are ready to settle our trade in Bitcoin, this technological marvel is here to stay. But even a nobel award winning — and stubbornly ideological — economist like Paul Krugman has to be explained this very simple fact. The poster child of traditional finance system has once again tried his very best to besmirch Bitcoin, while repeating the age-old rhetorics related to the digita...

Music Industry Gets Creative with Songs About Bitcoin

Bitcoin to Transform Music Streaming Industry? No Comments

It's no secret that the music industry has been mired in controversy for raking in profits mostly for producers and record labels then leaving very little to artists themselves. This has been a prevailing issue, even as the rise in music streaming has offered more convenient and streamlined ways to listen to songs. Even Grammy-winning singer-songwriter Taylor Swift has spoken up about this issu...

How Bitcoin Can Prevent Another Greek Debt Crisis

How Bitcoin Can Prevent Another Greek Debt Crisis No Comments

Bitcoin has enjoyed a pivotal moment, thanks to the ongoing Greek debt crisis, which resulted in capital controls and an influx of funds towards the cryptocurrency. Indeed bitcoin prices have eventually landed back above the $300 mark, following a long period of consolidation around $220 earlier in the year. The prospect of shifting back to a potentially worthless drachma has led several Greeks...

coinsecure connecting india to bitcoin

Bitcoin Ecosystem in India Needs to Grow up, Big Time! No Comments

It is time for Bitcoin exchanges serving the Indian market to up their game or lose out on the little quorum of existing customer base. India is forecasted to be one of the largest Bitcoin markets in terms of potential. The country is still waking up to the Bitcoin revolution with a small percentage of population already using Bitcoin for transactions, remittances and also trading. Given a large p...

Dogecoin Price Technical Analysis – Resistance is Now Support

Dogecoin Price Technical Analysis – Resistance is Now Support No Comments

Key Highlights Dogecoin price finally broke higher as anticipated in one of the recent analyses and traded towards 76.0 100 hourly moving average was also broken, which was a monster resistance. Looking ahead, the broken resistance at 70.0-72.0 Satoshis might now act as a support. Dogecoin price moving higher is a positive sign in the near term, but buyers need to maintain gains for mor...

bitcoin, greece, greece bitcoin, bitcoin integration, euro

A realistic view: This madness may end in tears for the cryptocurrency investors! No Comments

So, the Greeks have comprehensively rejected the imposition of austerity measures proposed by the troika of its creditors in lieu of the bailout funds. The outcome of the referendum held yesterday has also heightened the probability of a Grexit. Ever since it became clear in early May that the Greek government and the troika of European Central Bank, IMF, and the European Union will be at logge...

coinsecure connecting india to bitcoin

Digital India Initiative May Lead to Growth of Domestic Bitcoin Market No Comments

The government of India has taken the initiative to push for overall technological development of the country. The Prime Minister of India recently announced the launch of Digital India Week to introduce information technology to every individual household in the country. Introduced in a corporate event, the initiative was received with great enthusiasm by who’s who of Corporate India. In respo...