Bitcoin's illiquidity is going to be a huge problem when the bubble bursts BTC
Bitcoin's illiquidity is going to be a huge problem when the bubble bursts (BTC).
This chart shows a seven-day average of the total number of
minutes it takes to conduct a bitcoin transaction, since May
2016. Like the price of bitcoin itself, transaction time has been
rising as the months go by. At the time of writing, it took
four-and-a-half hours to confirm a bitcoin trade, on average:
"United Bitcoin" cryptocoin has been launched.
UnitedBitcoin is a fork of Bitcoin and inherits its block-time, halving time and total number of Bitcoin’s cap (21 million). These properties remain unchanged.
The mission of UnitedBitcion is to find a purpose for lost Bitcoin and inactive wallets and create a stable cryptocurrency system through an association of joint credit and smart contracts.
UnitedBitcoin will use the pressure-tested mechanics of Bitcoin, such as PoW, blocktimes, supply cap, and issuance model, while it upgrades areas...
Golden Symbol of Bitcoin, New Virtual Money on Various Digital Background | Motion Graphics -
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Golden symbol of bitcoin, new virtual money on various digital background
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What is Bitcoin
Bitcoin is a cryptocurrency and a digital payment system. It was invented by an unknown programmer, under the name Satoshi Nakamoto in 2009. You can purchase bitcoins from the market, receive them as a payment for goods and services or create them yourself through a process called mining. Mining is done by solving the mathematical problems. The miner is entitled to bitcoins as rewards. The value of bitcoins is highly volatile. The total number of bitcoins will not exceed 21 million.
From: Trillion Thoughts
Electroneum Versus Bitcoin: Total Supply Analysis
Richard Ells previously described the advantage Electroneum has over Bitcoin based on the number of divisions of the total supply. CryptoMatt explains the significance of the divisions and demonstrates the value it brings to Electroneum.
Electroneum CEO explains the divisions: https://www.youtube.com/watch?v=0XjUxfvobH0
Disclaimer: The above video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for...
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