Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

By Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Van Steenis says while traditional banks are always trying to fend off competition from new fintech platforms, he’s

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Bitcoin Price Analysis: Market Direction Depends on Next Price Line Tests

Over the last few weeks, bitcoin has had its fair share of ups and downs. The volatility has chopped up many of the public bulls and bears alike as the market has struggled to find a consistent direction for more than a couple of weeks at a time. The market is currently in an interesting space as many …
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Bitcoin tests important price level after dramatic plunge

Technical strategists say bitcoin looks to be in the process of finding a price floor. The analysts are watching the 100-day moving average, as a level the cryptocurrency has held in the past. If bitcoin has found a bottom, it could then test resistance at the 50-day moving average at around $ 14,500. If not, it …
Google Alert – bitcoin

Lightning Network progress: 72 out of 75 tests pass!

I'm so excited, we are so close to a massive technological leap that will make Bitcoin fast and cheap, and render a lot of altcoins obsoletes, mostly the copy paste altcoins that try to be Bitcoin cheaper and faster.

It should also centralize capital into the few coins that actually solve different problems with different implementations.

Finally it should put the final nail into the coffin of the scaling debate.

Who's excited with me?!

submitted by /u/amorpisseur
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