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AltcoinWeekly - Issue #101

Issue #101

31 October - 6 November 2015 

We had a crazy price week. Price went up to nearly $500 but came back down to $380 level. Interesting times are back again!
Bobby

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BITCOIN PRICE (BITSTAMP)

Bitcoin Price

SPONSOR

West Coast Bitcoin Summit
The West Coast Bitcoin Summit is will be taking place in Los Angeles on November 30 and December 1st 2015. Keynote speakers at the conference will be Pamela Morgan (CEO of Third Key Solutions), Erik Voorhees (CEO & Founder of ShapeShift) and Steve Beauregard (CEO of GoCoin). Learn More.

 

Latest News

Satoshi Nakamoto nominated for the Nobel Memorial Prize in Economic Sciences

UCLA Professor of Finance, Bhagwan Chowdhry nominated Bitcoin inventor Satoshi Nakamoto for the 2016 Nobel Memorial Prize in Economic Sciences.

Bitcoin 'B' Approved By Computer Text Standards Body

A proposal to add the bitcoin “B” to the Unicode computing character standard was accepted this week.

Market

Pantera Capital November Blockchain Letter

Pantera Capital's Blockchain Newsletter talks about Bitcoin's inflection point as its price surge and looks at the growth of the ecosystem in general.

Wedbush Revises 12-Month Bitcoin Price Target to $600

Wedbush has revised its outlook for the price of bitcoin, revealing it expects the digital asset to rise to $600 in value over the next 12 months.

Ecosystem

Kim Dotcom to use Blockchain & Smartphones to Build a Decentralized Internet

MegaUpload creator Kim Dotcom is looking to reinvent the future if the Internet with the help of your smartphone, or 100 million smartphones that is.

Voxel Pre-Sale Raises Record $350,000

“Official Coin of Virtual Reality” Raises 1,022 BTC from Industry Leaders. Now Moves into 30-Day Public Crowdsale

Mining

Are Blocks Filling up, and Is That a Problem?

Very interesting read. Aaron van Wirdum answers the following questions:

  • Are blocks filling up?
  • Are fees rising?
  • Are confirmation times increasing?
  • Is the memory pool building up?
  • Are nodes dropping of the network?
  • Are double spends increasing?
  • Are users leaving?

Can Flexcaps Settle Bitcoin's Block Size Dispute?

Flexcaps are, as the name suggests, flexible caps on the block size. As opposed to hard limits – 1MB, 8MB, programmed growth, a voted maximum, etc. – flexcaps allow each block to vary in size, determined by the miner who mines the block.

Coinbase CEO Brian Armstrong: BIP 101 is the Best Proposal We've Seen So Far

Speaking to Bitcoin Magazine, Armstrong confirmed that Coinbase plans to upgrade its code to allow for bigger blocks in December of this year. And while the preferred solution is not set in stone, Coinbase currently favors BIP 101.

 

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