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satoshin • Aug 23, 2017, 11:53 am EDT

Bitcoin is Not Bubble Says John McAfee in Interview with RT

Cybersecurity expert John McAfee explained why Bitcoin is not a bubble. In an interview with RT, McAfee defended Bitcoin from people saying it is a Bubble stating that it is not and it will continue to grow. Known for his bold predictions that Bitcoin will reach $500,000 within three years, he’s confident that Bitcoin cannot be considered a bubble. Bitcoin is not a fiat currency Asked why the word “bubble” cannot be applied to Bitcoin, McAfee explained that Bitcoin is not a fiat currency. John McAfee, Founder of McAfee Inc. says: “Bitcoin is not a fiat currency. It costs over a thousand

2 minutes

satoshin • May 25, 2017, 7:22 am EDT

Bitcoin blows past $2,500, $2,600, and $2,700

The bitcoin rally just keeps going. Thursday’s action has run bitcoin above $2,500, $2,600, and $2,700 for the first time. It hit a high of $2,749 before paring its gains. Currently, the cryptocurrency trades up 11.2%, or $270, at $2,682 a coin. It has gained in 27 of the past 30 sessions and has tacked on more than 130% over that time. Bitcoin has climbed aout 20% since Tuesday’s close, propelled by news that the Digital Currency Group, representing 56 companies in 21 countries, reached a scaling agreement at the Consensus 2017 conference in New York. The announcement was the latest bit of good news

1 minute