In June 2016, Dr Ruja Ignatova told an audience of thousands at Wembley Arena that her new cryptocurrency, OneCoin, was a "Bitcoin killer" and would make early investors rich. Bitcoin was the first cryptocurrency and is still the biggest and best-known - its rise in value from a few cents to hundreds of dollars per coin by mid-2016 had given rise to a frenzy of ... Bitcoin has handsomely rewarded investors throughout the years Source: Twitter. Thus, it is puzzling to see Charlie Bilello, a respected figure of the Financial Twitter (FinTwit) community, deriding bitcoin regarding its gains since 2009. Charlie Bilello insulting bitcoin in a really confusing way Source: Twitter. It is true that both Visa and Mastercard have done well in the last decade ... Bitcoin has crashed but it doesn’t seem like "the end" to me, just a nasty pullback and a delay to the great day bitcoin runs past $20,000. Bitcoin mining is a very power-consuming process which mainly depends on high-performance computers. The monthly electric charge of 600 such computers is estimated at hundreds of thousands of yuan (1 U.S. dollar is worth 6.3 yuan). Five people are under investigation and another has been detained. — Xinhua
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