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Bitcoin’s drop in value triggered by FTX fiasco a “deadly blow” to El Salvador’s financial solvency

https://www.naturalnews.com/2022-11-17-bitcoin-drop-value-deadly-blow-el-salvador.html

November 17, 2022 -

The most popular crypto token saw a 21 percent drop in its value, with its price hitting the lowest in two years. While the ongoing global economic recession seriously affected the digital currency, the collapse of FTX and its subsequent bankruptcy filing served as the latest hurdle.

The crypto turmoil has also affected El Salvador, home to 6.5 million. Salvadoran President Nayib Bukele, who made bitcoin legal tender in the country back in September 2021, invested ...

Bitcoin payments now so SLOW and expensive that a prominent Bitcoin conference has stopped accepting Bitcoin for payment

https://www.naturalnews.com/2018-01-16-bitcoin-payments-now-so-slow-and-expensive.html

January 16, 2018 -

The Keynote event, which is set to take place this week in Miami, features an impressive lineup of speakers and workshops on the growing trends within the cryptocurrency community. But when it comes to actually accepting these cryptocurrencies in real life as methods of payment, conference organizers had to make a few changes in the final hour to make sure that everything progressed smoothly.

"We have, and always will, accept cryptocurrencies for our conferences, up ...

Bitcoin news, articles and information:

https://www.naturalnews.com/bitcoin.html

a long time ago - Bitcoin news, articles and information:

Health Ranger invention #42: The bitcoin miner and boot drying machine, optionally functioning as a donkey and goat dryer

Texas Governor Greg Abbott now accepting bitcoin donations!

The Bitcoin Realization: Why 'Computational holography' may make central banks, stock brokers and investment houses utterly obsolete

Is your Bitcoin dealer spying on you and colluding with the feds?

Rethinking ...

Bitcoin crash news, articles and information:

https://www.naturalnews.com/bitcoin_crash.html

a long time ago - Bitcoin crash news, articles and information:

Concepts related to Bitcoin crash

Today | Week | Month | YearSee All Top Headlines...Most Popular Stories

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free to view and download. They cover topics like health, environment and freedom.The Consumer Wellness Center is

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Bitcoin bubble news, articles and information:

https://www.naturalnews.com/bitcoin_bubble.html

a long time ago - Bitcoin bubble news, articles and information:

Concepts related to Bitcoin bubble

Today | Week | Month | YearSee All Top Headlines...Most Popular Stories

Recommended ResourcesCounterThink Cartoons are

free to view and download. They cover topics like health, environment and freedom.The Consumer Wellness Center is

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Bitcoin price news, articles and information:

https://www.naturalnews.com/bitcoin_price.html

a long time ago - Bitcoin price news, articles and information:

Concepts related to Bitcoin price

Today | Week | Month | YearSee All Top Headlines...Most Popular Stories

Recommended ResourcesCounterThink Cartoons are

free to view and download. They cover topics like health, environment and freedom.The Consumer Wellness Center is

a non-profit organization offering nutrition education grants to programs that

help children and expectant ...

Bitcoin miner news, articles and information:

https://www.naturalnews.com/bitcoin_miner.html

a long time ago - Bitcoin miner news, articles and information:

Health Ranger invention #42: The bitcoin miner and boot drying machine, optionally functioning as a donkey and goat dryer

Concepts related to Bitcoin miner

Today | Week | Month | YearSee All Top Headlines...Most Popular Stories

Recommended ResourcesCounterThink Cartoons are

free to view and download. They cover topics like health, environment and freedom.The Consumer ...

Bitcoin collapse news, articles and information:

https://www.naturalnews.com/bitcoin_collapse.html

a long time ago - Bitcoin collapse news, articles and information:

Concepts related to Bitcoin collapse

Today | Week | Month | YearSee All Top Headlines...Most Popular Stories

Recommended ResourcesCounterThink Cartoons are

free to view and download. They cover topics like health, environment and freedom.The Consumer Wellness Center is

a non-profit organization offering nutrition education grants to programs that

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Bitcoin mining rigs now LOSING money daily as the Bitcoin Ponzi scheme continues to unravel

https://www.naturalnews.com/2017-09-23-bitcoin-mining-rigs-now-losing-money-daily-as-the-bitcoin-ponzi-scheme-unravels.html

September 23, 2017 - bitcoins are created through specialized computers looking for the correct codes (hash keys), just like digging for gold," reads an analysis about Bitcoin published by Green Tech Media.

"That electronic digging takes more and more power as more and more people dig for that virtual gold. Sebastian-Deetman calculated in 2016 that mining would require as much electricity by 2020 as the entire nation of Denmark currently consumes ... Bitcoin's algorithm ...

Bitcoin money laundering ringleader arrested, facing years in U.S. prison for running popular Bitcoin exchange

https://www.naturalnews.com/2017-08-05-bitcoin-money-laundering-ringleader-arrested-facing-years-in-u-s-prison-for-running-popular-bitcoin-exchange.html

August 05, 2017 -

Following an investigation that was led by the United States Justice Department, Vinnik was brought into custody from a small beachside village in northern Greece on Tuesday, July 25. Confiscated from his hotel room were four credit cards, five mobile phones, one camera, one router, two laptops, and two tablets, KeepTalkingGreece.com reported.

A Justice department statement said Vinnik is the operator of BTC-e, which is an online exchange that is used to trade the digital ...

Bitcoin flash crash makes mockery of ridiculous claims that Bitcoin is a “store of value”

https://www.naturalnews.com/2017-06-14-bitcoin-flash-crash-makes-mockery-of-ridiculous-claims-that-bitcoin-is-a-store-of-value.html

June 14, 2017 -

Plummeting from nearly $3,000 per "coin" to about $2,550 in just four short hours, bitcoin revealed to the world its true volatility. It isn't just going to be up, up, and up for bitcoin as many people falsely believe, including the tens of thousands of amateur investors throughout Asia who are right now stocking up on bitcoin in an attempt to secure what they believe will afford them a solid financial future.

Take a look for yourself at these ...

BITCOIN GREENWASHING: No, Bitcoin mining isn’t mostly powered by clean, renewable energy, but the cult-like self-delusion of Bitcoin apologists is itself a fascinating science experiment

https://www.naturalnews.com/2021-05-13-bitcoin-greenwashing-mining-isnt-mostly-powered-by-clean-renewable-energy.html

May 13, 2021 -

The pro-Bitcoin community erupted in a fierce backlash, claiming that most of Bitcoin's energy usage comes from renewables, and that the more energy Bitcoin uses, the better it is for the world. As you might have suspected, however, both claims are patently false.

Bitcoin uses enormous amount of energy, and most of it does not come from renewables, as you'll see here. Such claims are little more than propaganda from Bitcoin propagandists ...

Bitcoin price drops following China’s Evergrande fiasco

https://www.naturalnews.com/2021-09-24-bitcoin-price-drops-following-china-evergrande-fiasco.html

September 24, 2021 -

According to CoinDesk, bitcoin's price has fallen to $43,489 as of Sept. 20. The drop reflects an 8.6 percent fall from its Sept. 17 price. Other digital currencies have also seen price drops – with Ether experiencing a 10 percent fall and Dogecoin experiencing an 11 percent slide. Investors selling off risky assets for more stable ones drive the price drops, the Wall Street Journal (WSJ) reports.

Crypto-linked stocks have also suffered from the instability ...

BITCOIN BUBBLE: Seven simple, self-evident questions that will cause you to steer clear of the Bitcoin bubble mania

https://www.naturalnews.com/2017-06-11-bitcoin-bubble-seven-simple-self-evident-questions-that-will-cause-you-to-steer-clear.html

June 11, 2017 -

As you may know, I've recently taken the position (in just the last couple of weeks or so) that Bitcoin is headed for a catastrophic collapse because it currently exists in an irrational, speculative bubble driven by clueless noobs who think Bitcoin generates wealth by magic. Others completely disagree, saying that Bitcoin has only just begun to grow and could reach $1 million per coin. This is an exciting disagreement for the simple reason that somebody ...

Bitcoin cultists PANIC as China to outlaw Bitcoin exchanges… price plummets 25%… proponents SHOCKED to discover governments can destroy cryptocurrencies

https://www.naturalnews.com/2017-09-14-bitcoin-cultists-panic-as-china-to-outlaw-bitcoin-exchanges-price-plummets-25-proponents-shocked-to-discover-governments-can-destroy-cryptocurrencies.html

September 14, 2017 -

Via CoinDesk:

Shanghai-based bitcoin exchange BTCC has announced it will be closing down its China-facing trading operations effective September 30.

In statements on Twitter and on China-language social media, the oldest cryptocurrency exchange platform in the world's largest market said it would immediately stop onboarding new users, but that its mining pools and international exchange would continue to operate normally.

At press time, the statement ...

Bitcoin prices artificially pumped up by Bitfinix “Tether” fraud?

https://www.naturalnews.com/2018-02-01-bitcoin-prices-artificially-pumped-up-by-bitfinix-tether-fraud.html

February 01, 2018 -

The Commodity Futures Trading Commission (C.F.T.C.), a United States regulatory agency, decided to subpoena Bitfinex back in December after it was reported that the exchange's issuance of Tether was being used, at least by some, to attempt to jack up the price of Bitcoin. The allegations suggest that some Bitfinex customers were buying into Tether for the sole purpose of immediately trading it out for Bitcoin, as Tether is backed by U.S. Federal Reserve Notes ...

Bitcoin miners “holding on with a death grip” as Bitcoin “pipe dream” appears hopelessly obsolete, slow and fractured: An interview with Kevin Lawton

https://www.naturalnews.com/2017-07-26-bitcoin-miners-holding-on-with-a-death-grip-as-bitcoin-pipe-dream-appears-hopelessly-obsolete-slow-and-fractured-an-interview-with-kevin-lawton.html

July 26, 2017 -

- Background on cryptocurrencies, and why Bitcoin was a useful "proof of concept" but doesn't represent the future of cryptocurrency.

- Why Bitcoin is a digital fiat currency backed by nothing that's real.

- Why there's nothing special about Bitcoin in the world of cryptocurrencies.

- Why Bitcoin is strictly limited from scaling up due to a huge bottleneck in its transaction throughput.

- JP Morgan is already pioneering ...


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