Bitcoin Gold (BTG) plans to hard fork the cryptocurrency on October 25, creating another version of bitcoin in the process. The project was first made public back in July and was created by Jack Liao, founder of Lightning ASIC, a mining firm from Hong Kong. The fork will include the adoption of a new protocol that will change some of the consensus mechanisms relating to bitcoin. The result is that miners would be able to go about mining for tokens in new ways. According to bitcoin.com, the new BTG ...
Bitcoin has emerged as the new “gold,” a hedge against growing global uncertainty. more...
Bitcoin, the “people’s currency,” has the potential to become a new currency, free of the control of big governments and big banks. more...
Global uncertainty is rising. Yet, gold isn’t rallying. Bitcoin, the new ‘gold,’ is. Unlike gold, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions. Then, there’s scarcity. Bitcoin supply is expected to be capped at 21 million. The supply of gold, on the other hand, is expected to increase anytime its price rises, as that provides an incentive for gold miners to mine for gold. ...
Investing vs Trading More and more Forex brokers are offering trading in Bitcoin, and a few are also offering other crypto-currencies. This means a possible solution is to open an account with one such broker and simply buy some Bitcoin and sit tight while your investment hopefully appreciates. Opening an account with a Forex broker is usually a relatively painless process and you don’t have to worry about owning the Bitcoins or other crypto-currency. You just have a position with ...
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