Tag: Bitcoin

Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses

Date: January 19, 2018 Category: Carco, CarcoHub, News Tags: Comments: 0

Stuck in the doldrums today, bitcoin needs a quick break above $12,500 or the tide may turn in favor of the bears, the charts suggest. The "V" shaped recovery in bitcoin (BTC) from Wednesday's low has stalled below the $12,000 mark in the last 12 hours. Prices on CoinDesk's Bitcoin Price Index (BPI) did rise to $12,045.09 at 15:14 UTC yesterday, before retreating to sub-$11,500 levels by 22:00 UTC. The slide from the high of $12,045 was extended further to $10,988.79 in Asian hours today. However, bitcoin soon regained poise and rose to an intraday high of $11,808.49 (at 08:44 UTC). As of writing, bitcoin is trading…

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Decentralized…what does it mean that?

Date: April 2, 2017 Category: Carco, CarcoHub, News Tags: , , , Comments: 0

What is a Decentralized Application? What is Bitcoin? Internet users don't have sole control over the data they share on today's websites. Ethereum is unique in that it attempts to wield the blockchain as a way to correct what its designers believe is a problematic part of the internet's design. It's like a “decentralized appstore” where anyone can publish their unstoppable apps (dapps), which unlike today’s apps (think Gmail or Uber) don’t require a middleman to function or to manage a user’s information. Dapps connect users and providers directly. One example is to use this design for a decentralized Twitter that’s resistant to censorship. Once…

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