Amid the scaling frenzy, this astonishing fact is often overlooked: The Bitcoin network hashrate has DOUBLED in the last 5 months, tripled in the last 9 months, and now sits at over 5 Exahash/s. That's 5,000,000,000,000,000,000 hashes every second… with

Bitcoin

Brexit buying frenzy and conclusions about volume on chinese exchanges (reddit.com)

Chinese exchanges have been accused of manipulating (= inflating) their reported volume before (namely in 2013). When BTC price rose in mid-march it was said the chinese are hedging against RMB devaluation. At that time it was assumed that brexit woes will only have a minor impact on BTC price cause trading volume by Europeans are considerably smaller. Fair enough. However the last week showed how this “little european event” pulled BTC price down and up again. So I argue there is indeed…

Bitcoin