Headline November 25, 2018/ BITCOIN'S -BULLFIGHTER- BANDANA

BITCOIN'S -BULLFIGHTER- BANDANA

''THE WORLD'S FINANCIAL SYSTEMS - are nothing but a...............

*Crippling struggle for power and survival and debt and misery and, and wars and money laundering, tax evasion, all just so as stone markings for..Poverty,'' says, Zilli, the Head of research at The World Students Society:

THAT'S, Zilli, AT HER VERY  BEST, and she continues :
''The World Students Society ought to come to its senses and consider taking up an earliest position on the use and integration of cryptocurrencies in its life and living and for the future..''

Zilli, then, masterly as ever, comes up with the tag line :

''Cryptocurrencies prices are plummeting, and, and the only way to put a strong floor underneath it and take it forward, solely, to a very high degree of confidence lies with The World Students Society.  In that way we can help the students of entire planet''

A YEAR AGO, Bitcoin and other digital currencies were booming and booming and beaming.

The news on Wall Street this week has been bleak : sharp declines, fears of a bear market and high flying technology stocks that suddenly took a tumble.

Traditional stock investors maybe taking a beating, but they should be glad they didn't put their money in cryptocurrencies. As of Wednesday, the price of a Bitcoin had fallen about 25 percent in a week and was down more more than 75 percent from its peak in December.

Other digital tokens have fallen even more sharply in value.

The latest declines are occurring almost a year after cryptocurrency markets have, fueled by a rush of new, wealthy investors, went into overdrive. There are several factors behind the collapse in prices, with many of them the flip side of drew people to cryptocurrencies in the first place.

Relying on unregulated infrastructure and exchange is darn risky? Chip designer Nvidia Corp, for example, saw the shares fall sharply last week after it blamed disappointing results on unsold chips  piling up after the cryptocurrency mining boom evaporated.

Bitcoin's relative stability this year has nevertheless raised expectations that its payments use by both individuals and companies will spread.

''The lack of volatility is a good step in the right direction that starts to make it viable for some of the  non-retail use cases,'' said Zeeshan Feroz, UK CEO of Coinbase, one of the biggest cryptocurrency exchanges.

But both mainstream financial firms and cryptocurrency entrepreneurs say stability is just not enough.

To gain traction, bitcoin needs to be faster and cheaper, they say. Clearer rules on an asset that has vexed financial regulators across the world would also help to give users a sense of legitimacy, UBS's Teeves said.

Lightning Network:
While coordinated regulation remains far off, some developments designed to address the so-called ''scalability'' problems - how many transaction per second the bitcoin network can handle - are underway.

Though in its infancy, the lightning network code that can be added to the bitcoin blockchain designed to make payments faster and cheaper - is growing in use and capacity.

The network this week reached a record 4,101 ''nodes'' or computers that run its software, according to data aggregator 1ML, a rise of more than a quarter since August.

Lightning is popular, users say, because it allows users to send money to one another instead of having to complete time-consuming transactions on the blockchain.

''Lightning solves some of bitcoin's scaling issue,'' said Ed Cooper, who oversees cryptocurrencies at Fintech startup Revolut.

''It's getting payments into the wild, into the bitcoin network.

The Honor and Serving of the latest  Global Operational Research on Cryptocurrencies and Future continues. The World Students Society thanks both Agencies and author  Nathaniel Popper.

With respectful dedication to the Students, Professors and Teachers of the world. See Ya all prepare for Global Elections and ''register'' on : wssciw.blogspot.com and Twitter -!E-WOW! - The Ecosystem 2011:

''' Bitcoin Bitecoin '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless