Category Archives: bitcoinist.com

Gab Says Bitcoin is The Clear Solution as ‘Free Speech Money’

Censorship-free social media platform, Gab, took to Twitter to proclaim the gospel according to Bitcoin. Describing the grandaddy of cryptocurrency as “free speech money,” it pledged to educate its near million-strong community. The Next Evolution Of Online Payments In recent tweets, Gab calls for the next evolution of online payments, in the form of un-censorable money. This must… Read More »

FAANG Stocks Lose Over $1 Trillion, More Than All Cryptocurrencies Combined

Facebook, Amazon, Apple, Netflix, and Google stocks have shed over $1 trillion in market capitalization from their all-time highs, marking an even bigger loss in dollar value than all cryptocurrencies combined in 2018. FAANGs Lose Bite Bitcoin and cryptocurrencies, in particular, are not the only bubble in town. Stocks of tech stalwarts like Google, Amazon, and Facebook, collectively… Read More »

Litecoin ‘Flappens’ Bitcoin Cash By Market Capitalization

In February, Charlie Lee predicted a ‘flappening’ of Litecoin and Bitcoin Cash before the end of the year. Well, with just two weeks of the year left, the prediction came true, as Litecoin’s market cap overtook Bitcoin Cash. Natural Rivals In many ways, Bitcoin Cash was always a more natural competitor to Litecoin than to Bitcoin. From its… Read More »

Cambridge University Study: Speculation of the Death of Bitcoin ‘Greatly Exaggerated’

Following news that verified crypto-user numbers doubled in the first three-quarters of 2018, the study by Cambridge University also concluded that the death of Bitcoin amid an 85% drop in price has been ‘greatly exaggerated’ by the media.  Cambridge University: Bitcoin Mining Diversifying Aside from the influx of new users, the report titled 2nd Global Cryptoasset Benchmarking Study reveals several other key findings… Read More »

3 Cryptocurrencies Decoupling From Bitcoin into 2019 (PAL, TRX, WAVES)

2018 was underwhelming compared to 2017. The bear market went into full swing and most cryptocurrencies lost over eighty percent. Bitcoin has begun decoupling from many cryptocurrencies including those having some of the biggest developments of 2018. WAVES, TRX, and PAL are three cryptocurrencies that have persevered through the bear market. These three projects exceeded expectations and even… Read More »

President Trump Appoints Bitcoin Proponent as White House Chief of Staff

President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology.  Mulvaney: New Acting Chief of Staff Mick Mulvaney, who’s currently the director of the US Office of Management and Budget (OMB),… Read More »

Peter McCormack Tells How He Turned $32K Into $1.2M and ‘Back to Pretty Much Zero’

In an informative, entertaining, comical, and bitterly poignant tweet yesterday, What Bitcoin Did podcast host Peter McCormack explains how he amassed–and lost–his crypto fortune over the last two years. From $32K to Millionaire and Back He starts the Twitter post saying: So here is a thread on how I turned $32,000 into $1.2m and back to pretty much zero… Read More »

Tighten that Belt!!

Over the last four years, the European Central Bank has managed to inject  €2.6 trillion into the banking system in order to maintain economic stability.  To be clear, these cash injections have been one of the only things propping up the economy, and even the Governor of the ECB has now admitted that. Now, €2.6 trillion may not sound like a lot of… Read More »

To The Moon! Bitcoin Space Travel Gets Closer As Virgin Galactic Takes Flight

Billionaire Richard Branson appeared to cry tears of joy when his ‘Bitcoin-friendly’ Virgin Galactic reached the edge of space for the first time December 13. World Sees First Commercial Space Flight Branson, who revealed himself as a Bitcoin believer and investor in 2013, watched as SpaceShipTwo, the latest vehicle from the Virgin Galactic and The Spaceship Company, broke… Read More »