"Repentance" by Jamie Dimon
The head of the financial holding JPMorgan & Chase, Jamie Daymon, who for a long time played the role of the main antagonist bitcoin, unexpectedly for the whole community, said that he regrets his comments on the first cryptocurrency.
The financier stressed that the technology of the blockade works really effectively, but bitcoin does not interest him at all. Dimon added that his attitude towards the first cryptocurrency is different from that of most people, but he did not specify what exactly.
Goldman Sachs changed rhetoric
Analyst of the investment bank Goldman Sachs Zack Pandle in the report for clients predicted that bitcoin and some crypto-currencies in the long term will become "stable quiet harbors" along with gold and precious metals.
The report says that the yield of some crypto-currency assets will decrease to zero and they will become an effective means of saving with minimal costs.
Nevertheless, the capitalization of most digital currencies causes Pendle serious concerns about the formation of a "classic speculative bubble".
Says Warren Buffett
Legendary investor and the third richest man in the world, Warren Buffett ( $ 90.3 billion ) predicted a "sad ending" of the crypto-currency industry. He is deeply convinced that the digital currency market is in for a collapse, but he refused to give forecasts in the context of the timeframe.
Buffett also added that he does not know anything about crypto-currencies, so he would not buy a five-year option to sell each of them, despite the fact that he has such a desire.
The collapse of the market under the onslaught of the South Korean authorities
This week a number of the world's leading media spread information about the possible plans of the South Korean authorities to ban the activity of crypto-exchange exchanges.
The basis for such conclusions was the statement of the Minister of Justice Pak San Guy that his department is preparing a bill to ban sites for trading in digital currencies. In addition, offices Bithumb and Coinone came with searches, presumably in the case of tax evasion.
The market of crypto-currencies against the background of these rumors has significantly subsided, and the weighted average price of bitcoin has dropped below $ 13,000.
Many sources, including the Ministry of Finance of South Korea, then denied the information that the authorities made the final decision.
South Korea is responsible for a significant share of the global turnover of crypto-currencies, and citizens of the country are active participants in the community. And, despite multiple refutations, the market has not been able to recover after the blow and the "bears" feel confident.
The largest ICO in history
Representatives of Telegram intend to hold the largest in the history of ICO. Only in the course of preliminary sales, they plan to raise $ 500 million, and in subsequent stages - $ 3-5 billion. At the same time, according to some information, the minimum investment in the presale was $ 20 million in fiat, as the project will not take Bitcoin or Ethereum.
The network Telegram Open Network, according to the organizers' idea, should become a "third generation blockade", and its launch will be preliminarily held in the first quarter of 2019.
The "civil war" between Bitcoin and Bitcoin Cash continues
The Block Explorer explorer said that bitcoin had entered the "evolutionary dead end", having lost the way, which was originally set out in the whitepaper Satoshi Nakamoto. In connection with this, the true bitcoin in Block Explorer was recognized by the August fork of Bitcoin Cash, whose "positive impulse" has "practical application".
Bitcoin has also renamed the project team in Blockstream-fork (Bitcoin Legacy), which is interesting only from the point of view of the "curiosity of the collector".
The attempt of the Bitcoin Cash apologists to appropriate the brand of the true bitcoin provoked a flurry of criticism from the community, marking a new round of one of the most important confrontations in the industry.
Coinbase again under pressure
Recently, the American company Coinbase has faced sharp criticism from the community, mainly because of accusations of insider trading when listing Bitcoin Cash. The promise of the head of the company Brian Armstrong to conduct an internal investigation did not particularly convince the users, and this week Coinbase was suspected of spamming a bitcoin mempoule.
So, Twitter users pointed out that Coinbase does not use batching to merge transactions into parties and carries out each separately, charging high commissions. Moreover, as soon as the company suspended the withdrawal of bitcoin, the size of the membrane began to decline, and again went up after the operations were resumed.
In this regard, calls for Coinbase to implement the Segregated Witness protocol are getting louder.
