Charlie Lee, Litecoin creator, believes that fiat money is better for day to day transactions than his own creation. Charlie Lee is an ex Google engineer, who worked in the exchange platform Coinbase and graduated from the MIT.
Blockchain wallet, one of the most important Bitcoin wallets in the world, has announced its plans for the next Segwit2x hard fork. The division will happen after block 494,784. Blockchain has decided to follow the currency with the most accumulated difficulty.
Credit Suisse Group AG CEO, Tidjane Thiam, said that Bitcoin is the “very definition of a bubble”. It is not the first nor the last banker that says that Bitcoin is a bubble and that it will explode. Today, Bitcoin surpassed $7400 dollars for the first time.
Amazon is thinking seriously about accepting Bitcoin as a means of payment. Just some days passed since we heard rumours regarding Amazon and Bitcoin. On October the 31st, the famous retailer company registered three domains related to Bitcoin and cryptocurrencies.
Ronnie Moas, Standpoint Research Founder and Director, changed his forecast about Bitcoin price from $7,500 to $11,000 in 2018. In his opinion, Bitcoin could reach $50,000 dollars in the coming years.
Bitcoin keeps growing all over the world. In Argentina, the virtual currency made a new step. The Mercado de Término de Rosario (Rofex), decided to offer some services in cryptocurrencies. The decision comes after the decision of the Argentinian Central Bank not to regulate cryptocurrencies.