Bitcoin betekenis van, it is actually pretty simple. An altcoin is an alternative coin for a bitcoin.
So basically, it is any coin that is not a bitcoin. The difference with a Bitcoin is that an altcoin can’t be bought with fiat money, but you have to buy Bitcoins first, before you can trade them to altcoins. So after buying a Bitcoin, you will be able to buy a Dogecoin or a Litecoin, for example. On the other hand, mining altcoins is easier than mining Bitcoins, so we are seeing a growing amount of people who are mining alternative coins instead of BTC. Tulip mania was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels before dramatically collapsing in February 1637.
Some skeptics consider Bitcoin to be the tulip bubble of the 21st century, but it’s really not so simple. Bitcoin: Bubble or New Global Currency? Let’s consider the theory of Hyman Minsky, the U. 2008 collapse of the housing market.
Bitcoin white paper in October 2008. In those early stages, the concept of the coin was catching on, but it didn’t happen over night. Unfortunately, in most cases, these companies with celebrity endorsements have more often that not been exposed as frauds and subsequently shut down. Then again, maybe bitcoin is different than anything we have seen before, and maybe a decade from now its market capitalization will be sky-high as it attains the status of a new global currency. While it is possible that Bitcoin’s rise is in some ways comparable to a bubble, it’s almost impossible to truly know. I think that’s much more likely. Panic’ on the Horizon appeared first on NewsBTC.