Bitcoin reached a new record height as its market price is now more than USD 7000. Despite the fact that hard times are awaiting Bitcoin in the following weeks, it is going to divide again. Technically speaking, the so-called “hard fork” phenomenon is about to happen.
A golden era for Bitcoin. Its value overcame the margin of USD 6000 per Bitcoin. The reason is once again the cleavage of the cryptocurrency, as this week is expected to witness the dawn of the new Bitcoin Gold. The principle of Bitcoin Gold is very similar to that of Bitcoin Cash, but the philosophy beyond these two cryptocurrencies is different.
Countries abroad have only just witnessed various hacking attempts targeted at their healthcare systems. Our most recent cautionary tale involves a virus called WannaCry. And this is just the tip of the iceberg when it comes to data hacking, as the sole purpose of this attack was illegal money-making.
Bitcoin is losing share in market capitalization. This is just one of many possible ways to describe recent events in cryptomarkets. The surging capitalization of Ethereum and the related ICO phenomenon are the main reasons behind such developments.
The price of Bitcoin has doubled since the beginning of the year, currently floating around USD 1,900 per Bitcoin. There are a few generally stated reasons why the virtual currency is on the rise. There have been recurring talks about the Exchange Trade Fund, which should ordinarily be traded on the larger exchange markets.
Fortunately, this time, the Slovaks are actually doing something right. Despite all the protracted protests of taxi drivers, liberals from the ranks of the opposition decided to amend the Road Transport Act. The aim of this legislative endeavor is to address precisely the issues that were brought up at the inception of the backlash against Uber.
A profound majority of BC´s computing power and trade volume comes from China. Yet, the Slovak government has been continuously concentrating its efforts in the carefully navigated state process of undermining the use of BC in the country. Fortunately,so far to no avail.
BlaBlaCar has been operating since 2004. Yet, it penetrated the Slovak market only in 2016. Its purpose is simple: to share car rides. If you are driving long distances or going in the same direction as somebody else who owns a car, you can pick up a passenger or even become one in order to share your travel expenses.
One could rather poetically suggest that it has been all quiet on the cryptoccurency front since the Bitcoin hysteria we experienced 2-3 weeks ago. Its price has been mostly dormant, stagnating around the value of EUR 850. And yet, the crypto-world kept its ball of development rolling.