Tag: Perceived Value

Bitcoin Today: Prices Tumble Below $8,000 as Twitter Confirms Crypto Ad Ban | TheStreet

Bitcoin Today: Prices Tumble Below $8,000 as Twitter Confirms Crypto Ad Ban | TheStreet

Bitcoin prices were crumbling Monday as corporate entities made more dramatic moves to enact cryptocurrency bans. After spending the morning hovering above the $8,000 mark, bitcoin dipped below that threshold in early afternoon trading to slump as low as about $7,875. The slide in price came following a very low-volatility week for bitcoin. The range in […]

Bitcoin’s Bubble Is Bursting. How Low Will Prices Fall? | Forbes

Bitcoin’s Bubble Is Bursting. How Low Will Prices Fall? | Forbes

Professional investors and amateur traders alike predicted that Bitcoin’s price would increase even more in 2018.  “Bitcoin will never crash,” said one Reddit user, “because then everyone would buy it when it’s much cheaper.” Like everyone buys the dips in a highly volatile high-yield market. Others looked forward to universal adoption and a price tag in […]

Pret a Manger’s pricing policy is raising eyebrows when wealth divides are widening | Verdict

Pret a Manger’s pricing policy is raising eyebrows when wealth divides are widening | Verdict

The move could raise awareness of Pret’s (and others) current flat pricing strategy. Pret a Manger has boasted its employees had given away 1.7 million free cups of coffee through its “random acts of kindness” scheme in its 2016 financial report — but the value of a free cup of coffee is not the same […]

Bitcoin Price Spirals Toward $8,000 After Google Bans Cryptocurrency Ads | Investopedia

Bitcoin Price Spirals Toward $8,000 After Google Bans Cryptocurrency Ads | Investopedia

Bitcoin prices took an 11% dive Wednesday after Google announced it will ban cryptocurrency advertising on its platform. The ban takes effect in June. The price of one bitcoin token (BTC) was about $8,137 as of this writing, down 11% from 24 hours earlier. The original virtual currency hit an intraday low of $7,955, according to CoinDesk. The […]

Nvidia may launch new graphics cards designed for cryptocurrency miners | TechRadar

Nvidia may launch new graphics cards designed for cryptocurrency miners | TechRadar

Word from the GPU grapevine is that Nvidia will soon be launching new dedicated graphics cards aimed at cryptocurrency miners. This might lead you to hope that pressure could be eased when it comes to miners pushing prices up by purchasing gaming GPUs. But sadly, we’re inclined to believe that may prove to be a […]

Another Oil-Backed Cryptocurrency Launches | OilPrice.com

Another Oil-Backed Cryptocurrency Launches | OilPrice.com

New York-based investment and holding company Signal Capital Management said on Monday that it had launched a cryptocurrency backed by oil and gas reserves in what it says is the “world’s first globally compliant” oil-backed digital currency. The new digital currency, PetroDollars, will be backed by the underlying value of recoverable reserves of crude oil […]

Bitcoin price latest: Value of all biggest cryptocurrencies, including Ripple XRP and ethereum, see huge climb | The Independent

Bitcoin price latest: Value of all biggest cryptocurrencies, including Ripple XRP and ethereum, see huge climb | The Independent

Bitcoin and other digital currencies are surging as the market continues to recover. The price of every big digital currency has risen by significant amounts. Bitcoin, the biggest of them, has risen nearly 13 per cent over the last day and is nearly at $10,000. Cryptocurrencies are continuing to make back many of the losses sustained […]

Bitcoin price: Cryptocurrency down 22.5 per cent in one week amid fears of regulation | Express.co.uk

Bitcoin price: Cryptocurrency down 22.5 per cent in one week amid fears of regulation | Express.co.uk

Bitcoin took a hit on Wedensday after the US Securities and Exchange Commission (SEC) announced it will require digital asset exchanges to register with the federal agency. Prices plunged by more than $1,000 in the space of an hour, falling from $10,673.03 at 4.40pm GMT to $9,481.45 by 5.22pm GMT on Wednesday, according to CoinDesk. […]

Icelandic Police Are Hunting for Hundreds of Bitcoin Miners | CoinDesk

Icelandic Police Are Hunting for Hundreds of Bitcoin Miners | CoinDesk

“Everything points to this being a highly organized crime,” he said. Iceland boasts a long-running bitcoin mining ecosystem, thanks to the country’s data center industry and access to geothermal energy sources. In recent days, politicians there have reportedly begun exploring the idea of taxing Icelandic mining operations. That mining hardware would be a target for […]

Beware of the great cryptocurrency con | The National

Beware of the great cryptocurrency con | The National

That now looks to have been the top of the market, a classic price spike, signaling the end of a trend, although admittedly it went on longer and got far higher than most thought possible – about 20-fold last year, that’s a record breaker for an asset price bubble. Then things went wrong. By the […]