Last Updated on January 16, 2024 by Paganoto
Why bitcoin will fail – apenwarr
Why bitcoin will fail – apenwarr
With bitcoin, a single failure of the cryptosystem could result in an utter collapse of the entire financial network. Unlimited inflation. Fake …
The Rise and Fall of Bitcoin – WIRED
The Rise and Fall of Bitcoin – WIRED
The Rise and Fall of Bitcoin. Wired follows the story of Bitcoin, the virtual currency you can actually spend—if it doesn’t get stolen first.
Bitcoin implodes, falls more than 90 percent from June peak
Bitcoin implodes, falls more than 90 percent from June peak
Bitcoin, the world’s first peer-to-peer digital currency, fell below $3 on Monday. That represents a 90 percent fall since the currency hit …
Commentary: Why Bitcoin Will Fail as a Currency
Commentary: Why Bitcoin Will Fail as a Currency
The problem is that a Bitcoin is unlikely to ever be a good store of value (a primary function of any widely accepted currency) because the ( …
The Crypto-Currency | The New Yorker
The Crypto-Currency | The New Yorker
By June of 2011, a bitcoin was worth more than twenty-nine dollars. Market gyrations followed, and by September the exchange rate had fallen to …
If You'd Invested $100 in Bitcoin in 2011, Here's How Much …
If You'd Invested $100 in Bitcoin in 2011, Here's How Much …
Just like gold, Bitcoin is a finite resource. As more Bitcoins are mined, it becomes increasingly difficult and less cost effective to mine new …
Why Bitcoin Is Doomed to Fail – The Motley Fool
Why Bitcoin Is Doomed to Fail – The Motley Fool
I learned about Bitcoin in 2011, just before it went on its first massive run, from less than a dollar to a peak of $35 that summer.
Disadvantages | Bitcoin
Disadvantages | Bitcoin
The value of Bitcoins is constantly fluctuating according to demand. As of June 2nd 2011, one Bitcoins was valued at $9.9 on a popular bitcoin exchange site. It …
Bitcoin's 3 Fatal Design Flaws – Positive Money
Bitcoin's 3 Fatal Design Flaws – Positive Money
The problem comes when the limited supply affects the way people use the currency. Bitcoin users who have seen the currency go from 1 Bitcoin = $5 (in 2011) to …
RPT-Lead developer quits bitcoin saying it "has failed" – Reuters
RPT-Lead developer quits bitcoin saying it "has failed" – Reuters
Hearn says the bitcoin network is about to run out of capacity as the volume of transactions increases. And when that happens, the network will …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.