‘Bubble Expert’ Shiller Vs. Brian Kelly: Bitcoin Could ‘Burst’ Or ‘Take Off’

#Bitcoin enthusiasm ‘out of proportion’: #bubble economist Shiller @CNBCFastMoney

  • Nobel prize-winning economist Robert Shiller has told CNBC viewers Bitcoin might “burst” again but could also “take off again.”
  • Shiller is the latest high-profile traditional finance figure to come out in skepticism of Bitcoin’s growth as prices circle $5,000, up four times since the start of the year.
  • Kelly retorted that as a source of return on investment, Bitcoin held too much promise to overlook, regardless of its future implementations.
  • “Worst case scenario, if all it ever becomes is digital gold and it can only capture five percent of gold’s market cap, then Bitcoin’s price will be $25,000,” he said to Shiller.
  • Last month during a spate of volatility caused by Bitcoin Cash, Kelly told CNBC viewers to buy Bitcoin at what he predicted was a “floor” of $3,600.

Robert Shiller has presented mixed signals about Bitcoin after he called it “the best example of a bubble.”
Continue reading “‘Bubble Expert’ Shiller Vs. Brian Kelly: Bitcoin Could ‘Burst’ Or ‘Take Off’”

The Move Towards Healthcare Blockchains

  • Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.
  • The tokens, known as PTY, will be traded via a secure, closed loop ledger system that aims to connect up all parties in the healthcare ecosystem to allow for the exchange of health data within a highly-secure, blockchain powered health information exchange (HIE).
  • The company believe that their use of blockchain will encourage providers to offer better care to patients, whilst also adopting innovative practices that join up care more effectively through the sharing of patient data.
  • Using blockchain technology, Patientory encrypts medical patient information in hospitals and insurance companies so that it is not centralized data, but it is distributed, thus meeting HIPAA Security Rules.
  • We are certainly in the midst of a digital health revolution however, and whilst I’m not sure that blockchain will play an inevitable role in providing secure and patient centered data, it will it seems inevitably play its part in our move in that direction.

Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.  The aim is t…
Continue reading “The Move Towards Healthcare Blockchains”

The Move Towards Healthcare Blockchains

  • Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.
  • The tokens, known as PTY, will be traded via a secure, closed loop ledger system that aims to connect up all parties in the healthcare ecosystem to allow for the exchange of health data within a highly-secure, blockchain powered health information exchange (HIE).
  • The company believe that their use of blockchain will encourage providers to offer better care to patients, whilst also adopting innovative practices that join up care more effectively through the sharing of patient data.
  • Using blockchain technology, Patientory encrypts medical patient information in hospitals and insurance companies so that it is not centralized data, but it is distributed, thus meeting HIPPA Security Rules.
  • We are certainly in the midst of a digital health revolution however, and whilst I’m not sure that blockchain will play an inevitable role in providing secure and patient centered data, it will it seems inevitably play its part in our move in that direction.

Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.  The aim is t…
Continue reading “The Move Towards Healthcare Blockchains”

Mark Carney to stay at Bank of England until 2019, sparking relief and disappointment – as it happened

  • Duncan Weldon, head of research at Resolution Group, suggests Mark Carney has played the game rather well….
  • Adam Marshall, Director General of the British Chambers of Commerce (BCC), is pleased that Mark Carney has decided his future.
  • Sorrell: Carney may be hurt by unjustified criticism
  • Tyrie: Carney has a lot of explaining to do….
  • Andrew Tyrie, the influential chair of parliament’s Treasury Committee, is determined to find out why Mark Carney is only going to serve a six year term.

Bank of England governor will stay on for an extra 12 months to provide stability after Britain triggers Article 50
Continue reading “Mark Carney to stay at Bank of England until 2019, sparking relief and disappointment – as it happened”

Bitfinex hack could shake faith in bitcoin

Bitfinex hack could shake faith in bitcoin - CNBC  #bitcoin #fintech #btc #crypto

  • Bitfinex hack could shake faith in bitcoin
  • Bitcoin prices have plunged on the news, going as low as $514 per bitcoin.
  • The hack also illustrates one of the main problems with investing in bitcoin; issues with security.
  • Key functions, such as trading and withdrawing bitcoins, are still disabled.
  • In all, 119,756 bitcoins were reportedly stolen, worth $72.3 million at the price when Bitfinex suspended trade.

Read the full article, click here.


@betbybitcoins: “Bitfinex hack could shake faith in bitcoin – CNBC #bitcoin #fintech #btc #crypto”


The hack and cybertheft of nearly 120,000 bitcoins from the exchange platform Bitfinex could scare away future investors, experts warn.


Bitfinex hack could shake faith in bitcoin