Category Archives: Bitcoin News

Tether Effecting Bitcoin Prices Recap

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Welcome to this blockchain and cryptocurrency video by Crypto Daily. In this video you will learn a bit more about how Tether has had an impact on the prices of cryptocurrencies such as Bitcoin.

When Tether is printed Bitcoin price see's a jump and when Tether is recalled Bitcoins' price goes down. The issue with Tether is that it lacks credibility and the Audits done on Tether are not trusted. If there is not enough Tether printed to match the amount of US dollars that are set aside to match the liquidity of Tether than the prices of other cryptocurrencies have been inflated. If everyone went to sell all there Tether and could not cash out this would create panic in the market and a crash could occur.

Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who is saying them. The information presented to you on this site is made available for discussion purposes only, and are not crypto currency investing recommendations. Under no circumstances does the information on this page represent a recommendation to buy or sell crypto securities.

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What is Bitcoin Liquid | Good Morning Crypto

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What is Bitcoin Liquid Network

Welcome to this episode of Good Morning Crypto. In this episode you will learn about Bitcoin Liquid. Ivan Liljeqvist is a programmer with a great deal of blockchain knowledge that provides a video explanation of this common question.

Bitcoin Liquid Network Explained

Coming from Blockstream is the Bitcoin Liquid Network. It is a federated Bitcoin side-chain - a private Bitcoin side-chain. Liquid is for exchanges, OTC desks, market makers, and other institutional players in the Bitcoin market. It is federated because it is private in which not everyone can be a part of. It is like a streamlined version of Bitcoin that gets a new block each minute, faster transactions, and other benefits to the parties involved.

You cannot follow the transactions of 'liquid bitcoin' on the side-chain as you can follow the transactions of regular bitcoin on the main chain. Only the major players in the market who are handling large amounts of b=Bitcoin can be part of this network and act as a node to it. The parties must be one's that are trusted by the public though.

Pegging in and pegging out of liquid Bitcoin to on-chain main Bitcoin must go through the major players who act as nodes on the network.

Liquid Network User Experience

As a user you will be able to use 'Liquid Addresses' in the same way that you use a regular Bitcoin public address'. From a user perspective there will be no notable difference from a usability standpoint.

Risk Involved - Centralized Network

Liquid Bitcoin and equal to normal Bitcoin. The federation gives a lower risk level in the way that if one node goes down you will not lose the ability to transfer your liquid Bitcoin back into normal Bitcoin. You can use any of the nodes/members to transfer your Liquid Bitcoin back into normal Bitcoin. So there is a bit of risk and if for some reason the whole federation went away then you would lose your ability to transfer your Liquid Bitcoin back into Bitcoin.

Bitcoin Liquid vs Ripple XRP

XRP Ripple is a use case that fits into the normal monetary system and with a network such as Bitcoin Liquid there really is no need for XRP ripple in the crypto space. XRP is designed as a middle ground to bridge the fiat system with the crypto system. If the fiat system mainly goes away shortly down the road then there is no need for XRP. When networks in the crypto space provide liquidity through side-chains and easy user interfaces the need for something such as XRP is diminished.

Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who is saying them. The information presented to you on this site is made available for discussion purposes only, and are not crypto currency investing recommendations. Under no circumstances does the information on this page represent a recommendation to buy or sell crypto securities.

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Bitcoin vs Ripple | Crypto News

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Bitcoin vs Ripple

Welcome to this blockchain and crypto currency episode of The Modern Investor. In this episode you will hear about news regarding Bitcoin and Ripple primarily. Which crypto currency has a brighter future?

Is Bitcoin scaleable? what are the flaws in Bitcoin? Will the release of Xrapid overtake the dominance of BTC? Will Bitcoin go away, if so how fast? Is it all FUD about Ripple XRP and just the schilling of a few that are making waves in the industry right now?

Government Regulations

The regulatory landscape is being discussed in France Tuesday Sept 25th 2018. Regulations seem to be slowly moving forward and companies such as Ripple, Coinbase, and Nasdaq have reportedly confirmed attendance.

Time and time again the same names are present at these regulation meetings. Coinbase and Ripple are all over the regulations in the crypto scene while names such as Cardano, and Ethereum are not present. This can be used as a sign to help predict which crypto currencies are paving the way for regulatory framework and better cooperation with governing bodies.

Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who is saying them. The information presented to you on this site is made available for discussion purposes only, and are not crypto currency investing recommendations. Under no circumstances does the information on this page represent a recommendation to buy or sell crypto securities.

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Bitcoin Bug Sept 18 2018 | Good Morning Crypto

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Bitcoin Bug Update - Fixed Quickly

Welcome to this episode of Good Morning Crypto. In this episode you will earn about a recent bug that was found in the Bitcoin core code. The Bitcoin Core had a bug CVE-2018-17144 which was fixed quickly after it was noticed. This bug did not exist in all Bitcoin versions and was only an issue in versions 14.2 to 16.2. This shows the importance of different implementations in the case that bugs do make it to the production release of code.

Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who is saying them. The information presented to you on this site is made available for discussion purposes only, and are not crypto currency investing recommendations. Under no circumstances does the information on this page represent a recommendation to buy or sell crypto securities.

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