Bitcoin Fork, Segwit, and Segwit 2x

Bitcoin, News and Updates
If you have been even passively following cryptocurrency headlines in recent months, you are likely at least a little bit aware of the civil war that has been brewing. The reason for this is due to the need for evolution Bitcoin is experiencing. With transaction times and fees at all-time highs, the need for change has been heeded and entertained, however few can agree on what the appropriate plan of action is. The Brewing Problem As you may or may not have known, Bitcoin has grown in popularity significantly since its inception. Though it may not quite yet be a true household name, it has reached hundreds of millions of people, and reaches new folks every day. This popularity, though great for the Bitcoin and cryptocurrency “brands,” has not been…
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CoinDash ICO Goes Up In Flames

Bitcoin, News and Updates
In the stock world, a company that is about to go public initiates what is known as an initial public offer, or IPO. In the constantly evolving cryptocurrency world, the same type of thing happens, only when new coins are introduced for the first time, it is referred to as an ICO, with the “C” meaning “coin.”  Earlier this week, CoinDash—which is known to only a small number of people—attempted an ICO that failed in astonishing fashion. Unfortunately, a short while into the ICO it was realized that the ethereum address to which prospective buyers were depositing ether was compromised. It would later be found out that a hacker deviously altered the ethereum address on CoinDash’s site such that any ether was sent to this new, illicit address, and not…
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Morgan Stanley Report Doubts Bitcoin’s Viability as a Currency

Bitcoin
Even before Bitcoin became a well-known entity, its creators and proponents alike have long dreamed of the day that it becomes accepted as a legitimate currency. In the short while that it has existed, Bitcoin has gone from a fad to something that is, in most corners of the world, a household name. At no point prior to now has it seemed that, finally, Bitcoin might actually be accepted just like the USD, Euro, or any other globally accepted currency.  Unfortunately, Bitcoin’s move into mainstream legitimacy might be a bit further off than some people might think. A report recently publicized by a group of Morgan Stanley analysts indicates that there are some serious problems with the cryptocurrency, and that it is nothing more than the “poster child for speculation.”…
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Mt Gox CEO to Face Trial

Bitcoin
At one point not too long ago, a site by the name of Mt. Gox was one of the leading Japanese Bitcoin exchanges. Responsible for millions and millions of dollars’ worth of BTC on a daily basis, Mt. Gox was one of the biggest names in the industry. Now, however, the company is nothing more than a memory, and the company’s founder is to be put on trial, facing embezzlement charges in Japan. Embezzlement Charges on the Table Mark Karpeles is the French-born founder of the failed Mt. Gox. According to the Japanese government, Karpeles is accused of hacking Mt. Gox’s main computing system and inflating his account to the tune of $1 million. It took authorities more than a year and a half in order to bring suit against…
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