Co-founders of Revix, Sean Sanders and Louis Buys fill us in on the ‘need-to-knows’ of cryptocurrency.
Tag - Bitcoin
Investment experts have often sceptically dismissed cryptocurrencies as excessively volatile. Technologists have described them as revolutionary. Who is correct?
New research has found that cryptocurrency prices are not influenced by any economic factors and instead are driven purely by the mood swings of investors.
As the returns from Bitcoin and other cryptocurrencies hit stratospheric levels, scamsters have crawled out of the woodwork to take advantage, as the lure of big profits makes people less cautious and more willing to hand over their money without doing their homework.
South Africa seems to be keeping pace with the current global Bitcoin trend, but do we know how will cryptocurrency be taxed by SARS and what the exchange control standpoint of the South African Reserve Bank will be?
If you're looking for a price forecast for bitcoin, this is not the article for you, but it will give you some useful ideas about the value of bitcoin, and its suitability as an investment.
Bitcoin's 350% price rise since the beginning of the year has started turning heads around the world.