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Crypto Predictive Analysis – Week of December 12, 2021

Predictive Analyses of  The Crypto Market for Week of  December 12, 2021 Bitcoin As of the moment of writing, Bitcoin is trading between $48k and $50k having experienced a retracement – which may continue for some days.  It started this week at $50k as against the analyses of most traders. From a monthly timeframe, the […]

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Bitcoin Death Spiral

The Bitcoin Death Spiral

For a bitcoin transaction to be validated, it can take up to 10 minutes. This is because the network needs time for consensus and verification of certain blocks. However, this isn’t ideal if we want people using cryptocurrency as an actual payment method – there’s no way that customers would appreciate having their Starbucks taking longer just so they could pay with crypto! In order for cryptocurrencies like Bitcoin to survive in the long run, they need security but also speed since many are already being seen as valid forms of exchange regardless of price fluctuations.

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