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A Former SpaceX Employee: Elon Musk could be the founder of Bitcoin

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Elon Musk is a multi-faceted character. A billionaire, a visionary, the owner of companies such as Tesla and SpaceX, and in general one of the most inspiring and intriguing figures in the high-tech business. His life is accompanied by endless rumors and false news: from leaving Tesla for joining the Bitcoin startup, to accusing him of being a disgrace to the nation. Given the rapid growth of the popularity of the crypto-currency industry, it is not surprising that the inconclusive hunt for Satoshi Nakamoto, the creator of Bitcoin, led to speculations that Elon Musk hides a big secret from us all. Sahil Gupta, a computer science student at Yale University and a former trainee in SpaceX, thinks so.

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Mike Novogratz: Bitcoin is not believed by those who are too old for the digital world

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While the price of Bitcoin beats the record for the record, many prominent figures of the financial world are in a hurry to express their opinion on what is happening. Some do not comment, since they acknowledge that they do not have enough knowledge in this area, and some openly call the cryptocurrency a fraud and a bubble. In a recent interview for Bloomberg TV, a well-known investor and billionaire Mike Novogratz (Mike Novogratz) said that this attitude is more associated with the age of these skeptics than with their wisdom.

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Former chief analyst of JPMorgan predicts the growth of Bitcoin by 40% by mid-2018

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Financial analyst and founder of Fundstrat, as well as former chief strategy strategist JPMorgan Chase, Tom Lee predicts the growth of Bitcoin by 40%. In his opinion, the price will reach $ 11 500 by the middle of 2018. "For several weeks our forecast was neutral, since the price of Bitcoin at that time (about $ 7,400) exceeded our estimates. Two weeks ago, Bitcoin fell to $ 5 600 and rebounded, setting a new high. This drop to $ 5 600 cleared the market from investors who quickly got rid of the crypto currency, and we do not see the need to be cautious ... We recommend buying Bitcoins at current levels. "

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Executives of Alibaba, JD and 58.com started talking about Bitcoin

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Recently, the founder of Alibaba, Jack Ma said that he does not have much interest in Bitcoin. What do the heads of Chinese giants of e-commerce - Alibaba, JD and 58.com say today about Bitcoin and blockchain? On November 10, Jack Ma talked about his film "The Art of Attack and Defense" (Gong Shou Dao) at the "Dialogue with Jack Ma" event in Shanghai. The actress, whose brother is obsessed with Bitcoin, asked the billionaire how he looks at the future of the cryptocurrency.

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Mark Karpeles seeks $ 245 million for the revival of MtGox

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Will there be a happy owner of $ 245 million, willing to spend it on restoring the infamous MtGox exchange? Having not yet paid off with lenders who have been waiting for a refund for almost four years, Mark Karpeles, who has grown thin in a Japanese prison, wants to restore the exchange and even hopes for community support. Therefore, without pleading guilty to the charges against him of money laundering and embezzlement, Karpeles stated that the revival of MtGox would help creditors get some of the money lost because of the bankruptcy of the exchange. Otherwise, due to the complexity of the bankruptcy procedure, creditors can hardly hope for early repayments. Karpeles told this in his blog.

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Yahoo Finance: 56% of investors believe that Bitcoin is overrated

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The Yahoo Finance portal conducted a survey among investors on the topic of how they relate to Bitcoin. The survey involved 6,300 portal readers. So, the questions and the results: Did you buy Bitcoins? 23% of respondents answered that they bought Bitcoins, of which more than half started buying them since the beginning of 2017, and 20% still own them.

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Banks of Hong Kong continue to close accounts of cryptocurrency companies

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Banks of Hong Kong complicate the life of companies associated with Bitcoin. According to recent reports, players of the banking market refuse to cryptocurrency companies to open accounts, freeze existing accounts and delay any processes without any valid reasons. "Over the past two or three months, we have tripled our customer base," explains Thomas Glucksmann of Gatecoin. "The price of Bitcoin was growing, the amount of money that customers invested increased - banks could not choose the worst time that put us in the wheel."

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More futures: Bitcoin was fixed above $ 8,000

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In the evening on Sunday, Bitcoin tested a new historical maximum, having fixed above $ 8,000. At the Bitfinex exchange, the exchange rate was a record $ 8,130, Bitstamp and GDAX did not get much to the $ 8,100 mark. In addition, although the difference with the previous maximum was insignificant, it sets up certain positive thoughts. It seems that the news that LedgerX, the operator of the currency exchange, launched the first long-term Bitcoin futures option, forced the crypto currency to go again after the consolidation, which lasted several days.

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Five countries that have forbidden Bitcoin

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The list of detractors of cryptocurrency is very large - from company executives to representatives of central banks. Perhaps, the greatest irritation is observed among officials and parliamentarians. However, if most states are limited to attempts to apply regulatory measures to Bitcoins, there are also those who go much further and issue laws prohibiting the use of cryptocurrency.

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Exchange OKCoin showed the "future" price of Bitcoin - $ 15,151

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On November 15, the Chinese stock exchange OKCoin showed the value of the Bitcoin price above $ 15,000: on social networks, comments began to appear on the strange dynamics at OKCoin, the chart of which showed a 24.3 hour increase in Bitcoin at 123.21%, resulting in a new historic maximum of $ 15,151.

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Man Group Hedge Fund may become the next one to launch Bitcoin futures

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Bitcoin futures on major stock and commodity exchanges are the hottest topic of the month. The other day CME Group said that the launch of contract trading Bitcoins is a matter of several weeks. This will allow large investors to speculate on the price of Bitcoin, not having the most crypto currency in the portfolio. Earlier CBOE - another Chicago exchange, a competitor to CME, reported on the preparation of the launch of the stock market Bitcoin. And now the British Man Group can become the next company that will launch Bitcoin futures.

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Mark Yusko is confident that the price of Bitcoin can reach $ 400,000

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With what only predictions of Bitcoin prices we have not encountered lately! From conservative to bold and even fantastic. But what seemed unthinkable a year ago, now we already see on the charts. Some experts, for example, the representative of Boston University, Mark T. Williams (Mark T. Williams), otherwise known as Professor Bitcorn, several years ago prophesied the death of the crypto currency. Others, on the contrary, believe that the main rally is yet to come. It's impossible to say with certainty which of the two camps is right, how many people, so many opinions. The crypto currency investor and the head of Morgan Creek Capital Management, Mark Yusko, is sure that once the price of Bitcoin reaches 400,000 US dollars.

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Traders calculated the profitability of bitcoin using the Keynes method

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Even before bitcoin was invented, the British economist John Maynard Keynes developed a technique of calculation the annual interest rate of the crypto currency. According to experts, now it is about 57%. Born June 5, 1883 in English Cambridge, Keynes witnessed a tumultuous period in British history. After passing through the Boer War, both world wars and the world economic depression, he passed away on April 21, 1946. During his life he became famous as one of the world's leading economists. His most famous work is The General Theory of Employment, Interest and Money, which was published in 1936 and became a model for future economic thought.


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Bitcoin takes new heights, network loading and commissions grow

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The popularity of the crypto-currency markets is growing rapidly, and this is not surprising, since the price of bitcoin has risen by 60% in just one last month. However, along with the passing of the mark of 7000 dollars for BTC, the congestion of the blocks again increased, as well as the commission of the miners. This was the reason for users' displeasure with unconfirmed transactions and the need to pay 5-10 dollars per transaction. The actual cancellation of the SegWit2X's hardfork not only does not solve the crisis of scaling, but rather aggravates it, since other solutions still do not work, and even activated more than two months ago SegWit has not been put into operation to the full.

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How to buy Bitcoins and other Cryptocurrencies

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You probably already heard about the fantastic growth of Bitcoin and other Cryptocurrencies. Golden times have come! Year ago, some people bought Bitcoins for $ 730 apiece and everyone looked at them like a maniacs, predicting a collapse in the near future. Now, everyone could register profits and go out for more than $7500! Not a bad growth for one year, right? Bitcoin has grown in price almost ten times! No one bank in the world would give such a deposit interest. Will not discuss what happened during last 10 years when Bitcoin rate raised from 0.01 US$ and everyone who have spent just 5.00 US$, now became a millionaire.

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Private pre-kindergarten school in New York offered to pay for their services with Bitcoins

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While skeptics continue to assert that bitcoin is used exclusively for speculation, one of private schools in New York City offered to pay for their services with Bitcoins. In an interview, the school manager in Montessori, in Wilthiron and Soho, Marco Ciocca, said that parents themselves asked whether there is a possibility to pay for the education by the bitcoins. After several such calls, Marco began to actively monitor the bitcoins and very soon already knew about all his advantages as a means of payment: fast transactions, low commissions, easy payment. Having conferred with colleagues, it was decided to include bitcoin in the number of means of payment for paying for tuition in a kindergarten.

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Andreas Antonopoulos: why banks call Bitcoiners

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Video with the speech of Andreas Antonopoulos under the name "Money as a System of Control", undoubtedly, should be watched by every follower of bitcoin. In it, Antonopoulos explains how money is used to control their senders and recipients, as well as tracking financial transactions around the world. In addition, he tells how false the banking system really is. Banks can not only freeze or confiscate money without our consent, in fact, they are the owners of our finances, we are simply granted access to them - and this, to put it mildly, is a dishonest deal. As explained by Antonopoulos, we do not have money in the bank, we have only an account that gives us access to the money that we placed in the bank, believing fake security guarantees. This situation is demonstrated by a brilliant example of the debt crisis in Greece - the entire population of the country kept savings in banks and they were insured, but one day the promise was violated and money was rendered inaccessible.

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How many barrels of oil do you need to produce one bitcoin?

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The cost of mining bitcoins has often been criticized by opponents of crypto-currencies. Let's see how much 1 BTC costs in barrels of oil. The industry of crypto currency is developing at a frantic pace and bitcoin continues to be the driver. It is on its extraction that most of the miners are oriented. The cost of bitcoin and relative stability of growth attract more and more people to this sector. The complexity of the network is growing and getting bitcoin is getting harder and more expensive. More and more new capacities are being introduced, which consume more and more electricity, for the production of which, mainly, oil is burned.

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