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Now and Then #1: Bitcoin

Back in January 2009, a mysterious person or a group of people called Satoshi Nakamoto created a technology that laid the foundation for the revolution of finance. As described in the white paper, the digital currency – Bitcoin – aimed for lower transaction fees and complete independence from governments.  Over the years, both the creator and the technology itself raised a lot of discussions. The decentralized nature and innovative system went through various stages and gained increasing popularity around the globe.  In today’s SpectroCoin blog post, we will give a brief overview of how Bitcoin has evolved throughout its existence…

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BTC History Suggests $20k Price Will Come In 3-12 Months

The latest Bitcoin news show that according to historical data, the price of the dominant coin may take anywhere from 3 to 12 months in order to reach its all-time high levels. The BTC history also shows that the cryptocurrency has had four market cycles since its inception in 2009. It went from a bottom to a new peak, while the cycles ranged from over 600 days to around 1,050 days. The most recent cycle in the BTC history has just surpassed 300 days, which suggests that it could last 3-12 more months. If the price of Bitcoin remains stable…

Continue Reading BTC History Suggests $20k Price Will Come In 3-12 Months

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