Altcoins News
By Maheen Hernandez
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If the China Coin were to be backed by Gold, it might be a checkpoint for Bitcoin. Bitcoin is being promoted as near-perfect gold-like stuff in terms of preserving value.
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Peter Schiff stated, “According to @maxkeiser, I'm an idiot because I think #gold is better money than #Bitcoin.
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Those cryptocurrency companies who trust in making money by pump and dump strategies might not be able to be as successful as they were in the past, as crypto investors and…
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The cryptocurrency market is evolving to be an intention economy where the customers are in complete charge of the market.
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Customers get driven like cattle, and this is also true about the cryptocurrency market. Though not fast cattle streaming, the coming in of customers is iterating.
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The legal framework for dealing in cryptocurrencies is not set to perfection yet; there is a certain degree of absurdity.
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The cryptocurrency economy is also a kind of attention economy. Several million in startups have raised funds using ICOs.
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Systems like the Bitcoin without traditional financial institutions involved in transactions might soon be brought under the regulation of the government.
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China is taking the lead in regulation, and the US is not doing great in terms of regulating cryptocurrencies.
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The increased pressure on the US and European economies has triggered a need for controlling competitor tokens like Libra.
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