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Is Bitcoin’s Civil War Over? ?>

Is Bitcoin’s Civil War Over?

It has been almost a year since the Great Bitcoin Debate, which unleashed Bitcoin’s civil war, was brought to public attention. Now, a year later, an unofficial truce seems to have been reached with bitcoin’s potential crypto competitors, such as Ethereum, and potential competition from numerous bank sponsored consortiums focusing attention once again on making bitcoin great and appealing to all.

The Great Bitcoin Debate began with a series of posts by Gavin Andresen in Spring 2015 which argued for an increase in transaction capacity due to estimates that the limit of approximately 200,000 daily transactions would be reached by early 2016….

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Bitcoin Undervalued By Over $200, Investment Bank Report Finds ?>

Bitcoin Undervalued By Over $200, Investment Bank Report Finds

Investment bank and asset management firm Needham & Company has released a report that concludes that bitcoin is currently undervalued by 58% based on today’s price.

The report values bitcoin at $655, compared to about $412 today and advises that investors buy shares in the Bitcoin Investment Trust (GBTC), a vehicle for speculators to invest in bitcoin without actually buying and holding the asset.

Spencer Bogart, author of the report and Needham’s newly appointed equity research associate in charge of bitcoin and blockchain,…

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