Breaking News

Wednesday, 29 November 2017

Bitcoin Beats New Record and Exceeds 11 Thousand Dollars

NEW YORK - Bitcoin surpasses $ 10,000 for the first time, first touching a new high at $ 10,831.75. And then exceeding $ 11,000. Cryptocurrency is up 13% from yesterday. Yesterday, virtual currency exceeded $ 10,000 in South Korea. 5 Simple Ideas on How to Make Money Online From Home Jobs

Bitcoin is successful only because of its potential to circumvent the rules and lack of supervision: it should be banned. It has no social function ". The Nobel Prize for Economics, Joseph Stiglitz in an interview with Bloomberg, affirms this. '' It is a bubble that gives strong emotions to many people going up and down ''. Facebook, Artificial Intelligence to Prevent Suicides

Bitcoins and cryptocurrencies are "activities, contracts, vulnerable to crisis of distrust that can be sudden". This was stated by the Deputy dg of the Bank of Italy Fabio Panetta in addition to the House Finance Committee according to which it is a matter of phenomena difficult to regulate, as demonstrated by the experience of China. "I would not want to be in the shoes of those who have to write the rules". Moreover, we do not "have any visibility on the volume of transactions except as they are converted into euros but these are the 'tip of the iceberg'". Xiaomi Redmi 5 and Redmi 5 Plus Will launch on December 7th

He does not believe much, at least for now, at Bitcoin Jerome Powell, nominated by Donald Trump at the helm of the Fed after Janet Yellen.

In the hearing of the Senate Banking Committee for its confirmation, Powell explained yesterday that in his opinion the cryptocurrencies will be a cause for concern in the "long, long term": for now, the industry is not big enough to have an impact on the Fed's policy. A position in line with that expressed in the last weeks by Mario Draghi, according to which the cryptocurrencies are not yet mature enough to require rules. And precisely in the absence of rules, their value rises.

No comments:

Post a Comment

Technology Tech news