2 days ago · Oil & Gas ® c/o EnerCom, Inc. 17th Street Suite Denver, CO [email protected] E-mail for Advertising Information or call x Dec 22, · Warren Buffett: Get Ready for a New Year Crash. Forget Gold and Bitcoin. I’d Follow Warren Buffett's Advice After the Stock Market Crash. WARNING: Air Canada (TSX:AC) Stock Could Crash in 2 Great Canadian Stocks to Buy Now and Hold Forever. Two New Stock Picks Every Month! Fool contributor Puja Tayal has no position in any of the stocks. Nov 09, · Cryptocurrency Bitcoin has doubled this year. But I'm ignoring it to buy bargain FTSE shares that are still cheap after the stock market crash. The post Forget Bitcoin.
Stock market crash vs bitcoin#Bitcoin’s % Drop Might be Unrelated to the Stock Market Crash |
But weakness in oil is partially offset by strength in natural gas. Forget Bitcoin. These stocks can protect your portfolio from market crash. Simply click here to discover how you can take advantage of this.
Click Here to Learn More Today! Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Enbridge. Why are gold prices rising? Should you buy gold or Bitcoin? Show More.
Related Articles. Did You Work From Home in ? Check Also. Close Search for. Minerd further envisioned a scenario wherein the Fed starts buying the U. Such a scenario would lead the U. Meanwhile, the move would also leave the economy under the risks of higher inflation caused by an unprecedented fiat supply. Top investors like Paul Tudor Jones envisioned the case beforehand and decided to park a small portion of their billion-dollar portfolio in Bitcoin last month. It may allow the cryptocurrency to head higher for the rest of Could you be next big winner?
These and other countries have proved that in countries where people lose their belief in their Government printed money — Bitcoin sells at a premium. Next crash is expected to happen because of global inflation and if that happens, there is a good chance that other countries will join hands in pushing the fiat value of Bitcoin. Lot of people entrust Government as their caretaker in case of crisis.
Economic meltdown is a crisis that everyone blames on government and look for the same government to save us all from. Many within the Government have openly warned against Bitcoin.
If Government officials were to make such announcements during a financial meltdown — it could hurt the sentiment against Bitcoin for the worse. Crypto market is a minority when compared to rest of the financial markets, Bitcoin is even more so. It is in fact a minority with a bad rap sheet from the past in the minds of ignoramus. It is estimated that only 40 million wallets exist in the world. That just illustrates the power of Fiat over crypto some may correctly point out that this difference represents the potential for crypto market.
When an economic crisis comes, people will flock their money into things they are aware of, like Gold, Silver, more stocks at bargain prices, physical fiat, goods, etc. It is very easy to scare the crypto crowd. We have seen multiple examples of this during this year.
If media were to side with traditional stock markets and fiat agencies — it is very easy to create panic and scare people from crypto into whatever their rhetoric may be. However, in our opinion, it will make a quick recovery and will head for a steady uptrend. If we were to mark our calendars — we expect Bitcoin to surpass its previous highs by Of course, there are no guarantees and our views are biased since we are Crypto fans and we will have to wait and see to be proven right or wrong.
No annoying emails, just in-browser reminders! Cryptotapas only contains most selective-research based articles and it takes a lot of work to put together this information — please show your appreciation by buying us a coffee! If you are thinking to open KuCoin account, please consider using our referral link. Everything in this article is an opinion, not the advice of any kind.
Stay in touch with us at:. Cryptocurrency — just hearing the name — can spark discussion topics on how innovative and controversial it is. However, nowadays, there seems to be a consensus that blockchain — the technological backbone of every form of cryptocurrency — is the former.
The latter part of the discussion comes from the fact that cryptocurrency is still new, and needs more improvement, before it can actually be considered a wildly-accepted type of commercial public currency.
On the bright side, companies like Google and Goldman Sachs have already started to invest in various blockchain firms. Therefore, data centers and cloud hosting services must be ready to serve these new blockchain-based companies, as well as their needs, in the coming years.
Modern blockchain started in with Bitcoin , which is a peer-to-peer Electronic Cash System. This white paper was a form of cryptocurrency that could live on a distributed network without any centralized authority; and blockchain is the technical backbone of that system, or a distributed digital ledger or database for it.
No central authority will be able to manipulate the blockchain , since the whole network contributes to its creation and maintenance. In blockchain, two parties will make a transaction, to which they advertise it to the network. Then, various network nodes pick up multiple transactions, and arrange them into blocks. Afterwards, miners will use computers to add this block to the ledger or blockchain. Now, in order to add these blocks to the blockchain, the task requires a lot of computing power.
Because each of these blocks come with a sort of attached mathematical puzzle. And, to solve these puzzles, they need computing resources. However, blockchain eliminates that need by opening up the possibility for business transactions between parties worldwide, without the need for any financial or government institutions to step in. The need for blockchain means elevated demand for graphical processing units or GPUs.
As blockchain calculates, miners will have to provide enough computing power for it. And, as cryptocurrencies and blockchain-based applications become more popular, the higher the demand for computing power. Data centers and cloud-hosting services will also have to look into AMD and NVIDIA graphics cards, in order to better serve the blockchain market; however, these graphics cards can be pricey. The most controversy that cryptocurrency has faced is its vulnerability to possible hacking schemes.
And, this story has many people concerned about whether cryptocurrency is safe to invest in or not. As you can see, data centers will have to go above and beyond to better accommodate the growing trend of cryptocurrency. This need for the right data center infrastructure is also increasing, since blockchain is expected to greatly impact the following:.
Ultimately, with an up-to-date infrastructure for blockchain to work on, data centers will be able to be sustainable, regardless of any changes and or developments made in the tech world for many years to come.
In her spare time, she likes to travel to different states, give special talks in various business training courses, read her favorite books ranging in different genres. Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice.
Please consult with a professional for specific advice.