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Bitcoin News Feed [05 Jan 2017] - Phase I by arnob

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bitcoin · @arnob ·
$3.67
Bitcoin News Feed [05 Jan 2017] - Phase I
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<h1>Bitcoin Freefall: Prices Drop Nearly $200 in 1 Hour</h1>
<p><img src="https://media.coindesk.com/uploads/2017/01/Graph5-728x293.jpg" width="728" height="293"/></p>
<p>&nbsp;According to data from CoinDesk's Bitcoin Price Index (<a href="http://www.coindesk.com/price/">BPI</a>), market averages dropped abruptly only days after passing the $1,000 mark <a href="http://www.coindesk.com/bitcoin-price-1000-january-1-2017/">on 1st January</a>. This morning's decline came after prices reached a high of $1,153.02 in early morning trading. Still, despite coming within reach of all-time highs, prices&nbsp;fell &nbsp;more than 20% across global exchanges before recovering. Markets were &nbsp;fluctuating near $1,071 before reaching a brief low of $887.47, the &nbsp;lowest figure observed on the BPI since 25th December. ........ <a href="http://www.coindesk.com/bitcoin-freefall-prices-drop-200/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Will 2017 Bring an End to Bitcoin's Great Scaling Debate?</h1>
<p><img src="https://media.coindesk.com/uploads/2016/12/pipes-orange-728x486.jpg" width="728" height="486"/></p>
<p>&nbsp;In bitcoin's early days, discussion of the protocol was almost the &nbsp;only thing that mattered – and 2016, it could be said, has brought this &nbsp;discussion back to center stage. The reason has been the continued focus on&nbsp;network scalability, more specifically whether modifying bitcoin's&nbsp;<a href="http://www.coindesk.com/tag/block-size/">block size</a> is the right way to&nbsp;increase the number of transactions the network can process. It's important to note that to some, the continued "debate" isn't really a debate at all. .....</p>
<p><a href="http://www.coindesk.com/2016-bitcoin-protocol-block-size-debate/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Volatility and Liquidity: How Bitcoin Compares to its Crypto Competitors</h1>
<p><img src="https://media.coindesk.com/uploads/2017/01/Screen-Shot-2017-01-03-at-7.14.18-PM-728x464.png" width="728" height="464"/></p>
<p>&nbsp;<em>Willy Woo is an entrepreneur, angel investor, derivatives trader and cryptocurrency enthusiast.</em>&nbsp;</p>
<p><em>In &nbsp;this opinion piece, Woo takes readers on a deep dive into the &nbsp;historical performance of bitcoin and other cryptocurrencies that he &nbsp;believes already compete against it as general purpose consumer "payment &nbsp;coins".&nbsp;</em> .....</p>
<p><a href="http://www.coindesk.com/network-effects-volatility-liquidity-bitcoin-versus-payment-coins/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h1>Bitstamp Collects $1.3 Million As Crowdfunding Campaign Continues</h1>
<p><img src="https://media.coindesk.com/uploads/2017/01/Crowdfunding-300x185.jpg" width="300" height="185"/></p>
<p>&nbsp;Bitcoin exchange Bitstamp's ongoing crowdfunding campaign has already &nbsp;netted more than $1.3m in capital, exceeding its goal weeks before the &nbsp;effort is scheduled to end.&nbsp;</p>
<p>Bitstamp has another 21 days of its <a href="https://bnktothefuture.com/pitches/bitstamp">campaign</a> on the BnkToTheFuture platform. The exchange is selling shares totalling 2% of total equity. ..... <a href="http://www.coindesk.com/bitstamp-collects-1-3-million-crowdfunding-campaign-continues/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h2>Pop? Bitcoin Drops $300 In Hours as Bubble Fears Emerge</h2>
<p><img src="http://bitcoinist.com/wp-content/uploads/2017/01/BitcoinAverage-historicalchart-Thu-Jan-05-2017-18-57-18-GMT0300-MSK.png" width="948" height="480"/></p>
<p>&nbsp;<strong>The price of Bitcoin has dropped from today’s earlier almost &nbsp;$1,200 high to under $940 – a comedown of $300 in a matter of hours.</strong>&nbsp;</p>
<p>&nbsp;The current <a href="https://coinmarketcap.com/currencies/bitcoin/#charts">press-time price</a> &nbsp;of $987 per coin on Coinmarketcap represents a similar move to that &nbsp;which propelled Bitcoin above $1,000 from its mid-800s level two weeks &nbsp;ago. If the current price holds, Bitcoin will have still corrected upwards overall. &nbsp;...... <a href="http://bitcoinist.com/pop-bitcoin-drops-300-hours-bubble/">[Read Full News]</a></p>
<p>&nbsp;</p>
<h2>A New Bitcoin Bull-Run is Here, Google Trends Show</h2>
<p><img src="http://bitcoinist.com/wp-content/uploads/2017/01/1231231-1024x338.png" width="1024" height="338"/></p>
<p>&nbsp;<strong>As Bitcoin nears </strong><a href="http://bitcoinist.com/bitcoin-1100-milestone-gold/"><strong>parity with gold</strong></a><strong>, Google trends indicators are&nbsp;showing that this may only be the start of another major run-up in value on the way to higher highs.</strong>&nbsp;</p>
<p>&nbsp;Bitcoin performed amazingly well throughout 2016, increasing over 120% in value, reaching its all-time high market cap,&nbsp;<a href="http://bitcoinist.com/bitcoin-price-2017-1000-day-one/">breaking the $,1000 mark</a> on the first day of 2017. ...... <a href="http://bitcoinist.com/google-trends-new-bitcoin-bull-run/">[Read Full News]</a></p>
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πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 64 others
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vote details (128)
@getonthetrain · 
Taking a breather before heading back up.
πŸ‘  
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@screenname ·
Re: Bitcoin News Feed [05 Jan 2017] - Phase I
<p>This post has been ranked within the top 50 most undervalued posts in the second half of Jan 05. We estimate that this post is undervalued by $6.61 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-jan-05---part-ii">The Daily Tribune: Jan 05 - Part II</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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@tzimis · 
Good.
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