{"id":233710,"date":"2017-08-10T12:52:33","date_gmt":"2017-08-10T16:52:33","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/moores-law-predicts-100000-for-bitcoin-in-february-2021-markets-morning.php"},"modified":"2017-08-10T12:52:33","modified_gmt":"2017-08-10T16:52:33","slug":"moores-law-predicts-100000-for-bitcoin-in-february-2021-markets-morning","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/moores-law\/moores-law-predicts-100000-for-bitcoin-in-february-2021-markets-morning.php","title":{"rendered":"&quot;Moore&#8217;s Law&quot; predicts $100,000 for Bitcoin in February 2021 &#8230; &#8211; Markets Morning"},"content":{"rendered":"<p><p>        Bitcoin is still at a record rate, after the crypt-diet on    Tuesday has reached a value of 3,500 US dollar per coin. The    growth comes exactly one week before a big change in the    Bitcoin network. On Tuesday, Bitcoins Blockchain will integrate    a new software, Segregated Witness, or SegWit.  <\/p>\n<p>    SegWit is a clever solution, significantly increasing the    capacity for transactions, said Aaron Lasher, Head of    Marketing at Breadwallet, a Bitcoin Wallet company.  <\/p>\n<p>    The software was developed years ago and should solve the    scaling problem of the crypt diet, which broke the brokerage    for years and finally led to a split on 1 August .  <\/p>\n<p>    The investors were unaffected by the split on 1 August, which    resulted in the formation of a clone called Bitcoin Cash.  <\/p>\n<p>    Sheba Jafari, strategy manager at Goldman Sachs, said in July    that the crypt diet had the thing to rise to 3,691. Jafari    had already been right with her assumptions, and she also said    that she was the most important person.  <\/p>\n<p>    The value of the bitcoin cryptographic may exceed $100,000 by    February 2021. This is what Investor Denis Porto, who is a    Harvard scientist, thinks. He is of the opinion that bitcoin is    the first digital currency to obey Moores Law.  <\/p>\n<p>    According to this law, formulated by the co-founder of Intels    Gordon Moore Processor, the number of transistors on the new    microprocessor models will increase approximately twice every    18-24 months.  <\/p>\n<p>    Moores law is specifically applied to the number of    transistors per circuit, but it can be applied to any digital    technology, said Porto. Any technology that grows    exponentially (i.e. following Moores Law) has a doubling    moment, he adds.  <\/p>\n<p>    The scientists comments come as a result of the separation of    an alternative bitcoin-bitcoin cash branch, with the new    cryptoLight quickly becoming the third largest. At the same    time, the value of the original bitcoin continued to rise and    on Aug. 7 for the first time exceeded $3400 per issue.  <\/p>\n<p>    On Tuesday, Bloomberg wrote that a Russian company is preparing    to boost the bitcoin yield in the country. The co-owner of the    company in question is one of Vladimir Putins advisers on    Internet issues  Dmitry Marinichev. Russia has the potential    to reach a 30% share of the worlds extraction of crypto-clay    in the future, he said.  <\/p>\n<p>    The idea is to use Russias cheap electricity to challenge    Chinas position as the largest market for digital mining. The    holding company, known as the Russian Miner Coin (RMC), plans    to use semiconductor chips designed in Russia for use in    satellites to minimize power consumption in crypto cell mining    computers.  <\/p>\n<p>    RMC will conduct a sort of initial public offering, with    investors in the holding being able to use ethereum or bitcoin    to buy a new digital currency type from RMC. The new currency    will be worth 18% of the revenue generated by the companys    mining equipment.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the rest here: <\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.marketsmorning.com\/moores-law-predicts-100000-for-bitcoin-in-february-2021\/\" title=\"&quot;Moore's Law&quot; predicts $100,000 for Bitcoin in February 2021 ... - Markets Morning\">&quot;Moore's Law&quot; predicts $100,000 for Bitcoin in February 2021 ... - Markets Morning<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Bitcoin is still at a record rate, after the crypt-diet on Tuesday has reached a value of 3,500 US dollar per coin. The growth comes exactly one week before a big change in the Bitcoin network <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/moores-law\/moores-law-predicts-100000-for-bitcoin-in-february-2021-markets-morning.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-233710","post","type-post","status-publish","format-standard","hentry","category-moores-law"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/233710"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=233710"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/233710\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=233710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=233710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=233710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}