from RoadtoRoota:
Seasonality in Cryptocurrencies – An Interesting Pattern in Bitcoin
by Dimitri Speck, Acting Man:
Looking for Opportunities
The last time we discussed Bitcoin was in May 2017 when we pointed out that Bitcoin too suffers from seasonal weakness in the summer. We have shown that a seasonal pattern in Bitcoin can be easily identified. More than a year has passed since then and readers may wonder why we have not addressed the topic again. There is a simple reason for this: the lack of extensive historical data for cryptocurrencies in combination with their extreme volatility.
Bitcoin Mining Uses a Lot Less Energy Than Mining Gold – Elizabeth Gail (26/09/2018)
by Elizabeth Gail, Sprott Money:
Bitcoin mining is a power-intensive process. However, mining gold apparently requires twenty times more energy in comparison. This is according to Long Hash. However, it is the bitcoin mining power consumption that has led environmentalists to spiral into moral panic.
The industry particularly drew significant attention from the masses after the bitcoin price explosion that occurred last year that sent mining hashrates soaring. The crypto mining fever that followed caused an exponential rise in processing-difficulty, subsequently pushing up power consumption and hardware requirements.
Clif High & Bix Weir (Part 2 of 3) – High Tech Future & New Rise of the Cryptos!!
from RoadtoRoota:
Click HERE for Part 3 (Silver Moonshoot)
These Are the Times Bitcoin Was Made For
by Michael Krieger, Liberty Blitzkrieg:
Don’t say things. What you are stands over you the while, and thunders so that I cannot hear what you say to the contrary.
– Ralph Waldo Emmerson
This past Friday, PayPal informed Alex Jones’ Infowars it was severing ties with the website and that it had ten days to find an alternative payment processor. The news transported me back to that summer day a little over six years ago when I first acutely recognized the power and potential of Bitcoin, and then publicly decided to embrace it.
Swiss Blockchain Company Gains Regulator Approval, Seeks Banking License in 2019
by Ana Berman, Coin Telegraph:
Swiss blockchain startup Smart Valor has won approval from the country’s regulators to operate in the local financial market, Reuters reported September 5.
Smart Valor will be regulated by the local Financial Services Standards Association (VQF) rather than the national regulatory agency, the Financial Market Supervisory Authority (FINMA). The VQF is authorized by FINMA to check anti-money laundering (AML) compliance.
Status as a regulator-approved financial intermediary will purportedly give Smart Valor more credibility, as it will be actively supervised for AML compliance. However, it was not clear whether other blockchain-related companies in the country have won approval as financial intermediaries. Both FINMA and VQF declined to comment.
