BITCOIN

in #bitcoin6 years ago

Source: Porta dos Fundos

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Bitcoin is below $6,000. But these other cryptos are hot, says trader - CNBC

CNBC: Bitcoin falls below $6000 for the second time this month and one crypto trader says it will go lower in the next two weeks.

All the Ways You Can Lose Your Bitcoin - Bloomberg

Bloomberg: This ... happened yet, but ... every crypto ... greatest fear. If a nefarious syndicate were to gain control of more than half of the Bitcoin ... computing power, it could tamper with the process of verifying transactions and ...

El-Erian calls bitcoin a buy if its price falls below $5000 - CNBC

CNBC: After tumbling some 70 percent from its peak, bitcoin is reaching a point where even an authority like Mohamed El-Erian thinks it could be a buy. The chief economic advisor at Allianz, considered one of the most influential financial market thinkers in ...and more ...

How your smart fridge might be mining bitcoin for criminals - Tampabay.com

Tampabay.com: The price of bitcoin, the most widely known virtual currency, jumped six-fold from September to almost $20,000 in December before falling back down to under $10,000. The number of crypto-jacking cases soared from 146,704 worldwide in September to 22.4 ...and more ...

Bitcoin Declines Below $5800 As Downward Trend Continues - Forbes

Forbes: Bitcoin prices dipped below $5,800 today, falling past this price level for the second time this week and nearing its lowest since November 2017. The digital currency reached $5,799.62 at 05:00 UTC (1:00 a.m. EST), according to the CoinDesk Bitcoin ...

Bitcoin has fallen more against the dollar than almost every other currency this year - Quartz

Quartz: ... been a tough year for just about every currency except the US dollar. The euro and Swiss franc are down against the greenback, to say nothing of ... collapsed peso. But you know ... faring even worse? Bitcoin. To find a currency ...

Bitcoin's Bad Year Keeps Getting Worse. It's Now Plunged 70% From Its High - Fortune

Fortune: ... meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The ... 2018 crash may help cement its place in the bubble record books. Down 70% from its December high after sliding for a ...

Bitcoin Price Risks Further Drop After Close Below $6K - Coindesk

Coindesk: Bitcoin (BTC) could post new 2018 lows over the weekend, having found acceptance below key price support. Despite signs of a possible corrective rally seen earlier yesterday, the leading cryptocurrency closed below $6,000 for the first time since ...

Why The Bitcoin Bubble Will Burst In 2018 - Forbes

Forbes: I know millions of speculators across the world ... want to hear this, but there are some solid reasons to believe why the bitcoin run-up ... last and will continue to recede. ... not just about speculating on computer code and the fact that ...

Op-Ed: Challenge of Mining Centralization Unveils Bitcoin's Elegant Design - Bitcoin Magazine

Bitcoin Magazine: Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the ... magical property, concerns were raised that incentives at the ...


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I wonder what is current price limit for profitability for bitcoin mining? I mean how low does the price of bitcoin need to drop, in order to the price of electricity used for mining being higher than money you get from selling the mined coins?

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