openPR Logo
Press release

Bitcoin Market, An Apology for Blockchain

#Bitcoin #Blockchain #OpenDistributedLedger

#Bitcoin #Blockchain #OpenDistributedLedger

Decimal Point Analytics has published its weekly digest on 18 December titled “Bitcoin Market, An Apology for Blockchain”
In this article it has posit a question, if the ongoing frenzy for Bitcoin crashes will that eventually cause users to shy away from the underlying technology of Blockchain?
Bitcoin is a currency based on blockchain and is espoused to have all the properties of blockchain and is supposed to be decentralized.
However when you look closer you will realize that various operations that are being conducted in bitcoin does not make it decentralized as it claims to be. History shows us that the first application of revolutionary technology determines the public mood and policy stance toward the technology for generations to come. Bitcoin has captured the investor’s imagination and hence it is important that it doesn’t leave a bad aftertaste.
Read the full article here

Decimal Point Analytics is a financial research & analytics company incorporated in 2003 with headquarters at Mumbai. It is an independent, management owned company, which provides actionable analytics to financial services companies. It offers customized solutions to investment management businesses that address specific challenges. It enables these customers to supplement their operations with additional resources and augment research processes using Artificial Intelligence (AI) technologies like Machine Learning (ML), Natural Language Processing (NLP) and Big Data.
Decimal Point Analytics has presence across 4 global locations including the United States, UK and India.
Visit the website at

5A, B-Wing, Trade Star Building, J. B. Nagar,
Andheri-Kurla Road, Andheri (East),
Mumbai- 400 059, Maharashtra, India

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bitcoin Market, An Apology for Blockchain here

News-ID: 866247 • Views: 447

More Releases from Decimal Point Analytics Pvt. Ltd.

Reserve bank of India is breaking the vestiges of colonialism after 72 years!
Decimal Point Analytics has published its Decimal Blog on 27 August titled "Central Banking Dividends, Money Supply and Crumbling Vestiges of Colonialism" Networth of an entity ensure that its operations are not hampered by an unexpected variation in the business variables. However, an increase in central banks networth, means an equivalent amount of money is pulled out of the economy. Therefore, changes in networth of the central bank is to be
US Equities consensus points towards a bullish tone - AssetPulse July 2019
The latest monthly consensus view on US Equity has been presented as bullish. Macroeconomic momentum and the expected change in Federal Interest rate is offering support to equities. The emerging market continues to be positive with improved consumption and economic activity. Decimal Point Analytics has released the July 2019 edition of AssetPulse today. AssetPulse includes a summary of major global investment bank’s outlook on various asset classes. The report covers US, European,
European Equities consensus points towards a bearish tone - AssetPulse June 2019
The latest monthly consensus view on European Equity has been presented as bearish. Main reason for the is the possible impact of the trade negotiations, weak economic momentum and unresolved nature of Brexit. Emerging markets is pointing towards positive side. Decimal Point Analytics has released AssetPulse, June 2019 edition of its summarized view of asset classes. AssetPulse includes a summary of major global investment bank’s outlook on various asset classes. The report
Decimal Point releases the latest Economic Dashboard for India
Decimal Point Analytics has released a dashboard based on Indian economic indicators generated from data published by EcoPulse. EcoPulse is a platform which delivers global economic indicators covering currencies, commodities and other markets. The India economic dashboard covers Prices, Manufacturing & Production, Transport, PMI, Tourism, External Trade, Utilities, Banking & Financial indicators. It projects the heat map analysis of monthly trend of these economic indicators since Jan’18. “EcoPulse

All 5 Releases

More Releases for Bitcoin

Bitcoin going down, purchases for Bitcoin - grows
Coin2Shop analysts have published data about the number of buyers who use BTC and ETH to pay for goods in online shops has increased. And if in August the number of users of the company's plug-in did not exceed 400 accounts, and the number of purchases for cryptocurrency was almost half less - 231 transactions from August 10 to September 10, then for the same dates from October to November
A Reporter’s Guide to Using Bitcoin Safely
While Bitcoin is a hot topic, many reporters want to help their readers understand how to use it safely. Joshua H has created an actionable infographic that simplifies the threats and outlines the ways to not get ripped off using Bitcoin. “Reporters have different readers, yet they need a simple way to help their audience stay safe using this new currency,” Joshua said. “So I created an infographic to do just that.” Reporters
Bitcoin Electricity Consumption – Part 2
The debate rages on as bitcoin electricity consumption increases… Earlier this year, we published an article on bitcoin electricity consumption, reporting how Iceland has become one of the top locations for cryptocurrency servers, which now exceed the consumption of private energy users. Now, the criticism amongst ecological circles and the debates around bitcoin electricity consumption have been fuelled by a paper by Alex de Vries of PwC’s Experience Center in Amsterdam. His
Global Bitcoin Technology Market (Micro Bitcoin, Milli Bitcoin, and Bitcoin) is …
Global Bitcoin Technology Market is estimated to grow at a CAGR of 7.26% over the period 2017 - 2022. Bitcoins exist either on a users computer or in the cloud and are stored in a digital wallet. The wallet is similar as virtual bank account, which allow users to pay for goods, send or receive bitcoins, or save their money.historical events, and the current market picture. Moreover, the report also
Buy and sell for Bitcoin in India
OyeDekh is the first Indian online classified startup website where anyone can buy and sell any goods and services for bitcoins. OyeDekh is also a Marketplace to buy, sell, rent, exchange, donate and advertise anything from anywhere. Here you can Post free ads, Local Finds and Advertise for free. We are having Facebook community also where manufacturer, wholesaler and reseller can advertise for free. User can also Whatsapp their
BTCMarginProfit announce free membership for Bitcoin Traders
BTCMarginProfit a realtime Bitcoin Price monitoring platform across the exchanges has announced the Free membership plans for the bitcoin traders. Bitcoin is an innovative cryptocurrency that works on a completely decentralized platform / network known as the Blockchain. It allows users to send and receive money online anonymously and instantly without much fees. Another great feature of Bitcoin is in the fact that it can be traded easily through online