Bitcoin markets have been somewhat quiet last couple of weeks, with little to none volatility. Many experts believe that this is just a calm before the storm and Bitcoin could return to upward trajectory any moment now – but at least for now we can enjoy the peace of stability. This week we are looking at what you can actually do with blockchain. Blockchain is hailed to be the next great technological revolution since the Internet, which could make everything …
Blog Posts
Once again bitcoin and cryptocurrency markets in general have been rather quiet with no major movements in any direction. Overall bitcoin has performed almost as a real, boring fiat currency during the 2018, though many still believe that a greater shift in some direction is yet to be seen. But if it doesn’t come, is it a bad thing? What if blockchain and cryptocurrency economies will develop slowly, carefully, without major hype and bubbling? It would sound almost healthy, and …
It has been a decade since the anonymous prophet of electrical currencies, Satoshi Nakamoto, published his (or her?) white paper detailing what the world would know as Bitcoin. After ten years, a lot has happened: what was once a minor treat and hobby for cryptoanarchists and coders has become a world-wide phenomena, which almost everyone knows and which can be actually used to transfer millions of dollars instantly to almost any place in the world without any bank, government or …
Though the price of bitcoin has somewhat moved within the last days, we are still on the grey area where most of the movement seems to be going sideways. Some kind of a break is sure to be imminent – says this writer after writing almost the same sentence for three weeks straight. So instead of prophecies we are concentrating on real, actual things that have happened in blockchain. For an example the blockchain and cryptocurrency industries are on the …
The bug hunt for new Coinmotion has come to it’s end. We’d like to thank all participants for the help! The bug hunt was a great success as we received reports of 70 bugs, 57 content fixes and 58 suggestions to improve our service. We prioritized fixing bugs and today only five of the 70 reported remain unresolved. Based on your feedback we’ve made numerous changes that helped as make the service even better than we hoped for at this …
Last week cryptocurrency markets saw some movement after a long period of silence, but the storm seemed to calm down almost as soon as it hit, and once again bitcoin is moving close to $6.500 dollars. There are two sides on the relative stability of bitcoin: on the other hand stability is useful for bitcoin as a means of payment. In general stability is good for money, since it makes future predictions easier. On the other hand the stability might …
As the week has passed, markets will still have to wait for the coming movement which many have predicted for weeks. During the last week the weekly average movement of bitcoin price was lowest in 15 months, breaking another record in stability. In weeks after the summer Bitcoin, in many ways, has acted as “the stable coin” for the cryptomarkets. The cryptocurrency markets have also broken another record, as the average volume of major bitcoin exchanges has fallen to lowest …
The past month demonstrated the lowest Bitcoin volatility in over a year, with the price of bitcoin fluctuating in the range of less than 1 400 dollars. This low volatility has also been accompanied with a low number of transactions, as the markets have remained relatively calm during the beginning of autumn. Overall situation could be described as “anticipatory”, as many see this as a calm before a storm. Historically there are reasons to anticipate a big movement in the …
The entirety of the year 2018 – especially the summer – has been somewhat slow in the cryptomarkets, at least when compared to the overheated economy of last December, when most of the major cryptocurrencies bubbled up when billions of new money was pumped into the economy. For many speculators looking for quick profits it might not have been the best possible thing, but there’s also another side in the market movements. Several studies and new-found data suggests that Bitcoin …
This is the third week with cryptomarkets being in a roller coaster. Millions are shed from the market cap and then new millions enter. Many experts have been speculating that this waving motion can’t go on like this, with some major shift coming in the future. Of course – as the last weeks have clearly demonstrated – it is not so easy to predict the future, especially in field evolving as quickly as cryptocurrencies. This week we are going to …
