Bitcoin (BTC) could be set to disappear from exchanges en masse in two months’ time as the second annual Proof of Keys event takes shape. In a Twitter post on Nov. 5, Proof of Keys’ organizer, Bitcoin Knowledge podcast host Trace Mayer, appealed to spread the message prior to the event on Jan. 3. Mayer challenges Bitcoin HODLers Now in its second year, Proof of Keys challenges Bitcoin HODLers to take control of their funds and stop using trusted third parties. Under the slogan “Not your keys; not your Bitcoin,” Mayer highlights the still frequent exchange implosions and seizures as …
The bitcoin (BTC) price is unlikely to break $40,000 in 2019, Bitcoin Knowledge podcast host Trace Mayer declared as part of new analysis on June 24. Uploading fresh readings from his price forecasting tool, the ‘Mayer Multiple,’ the serial commentator and bitcoin proponent said that current trajectory should favor an end-of-year bitcoin price of $21,000. This, while below the estimates of other industry figures such as Fundstrat’s Tom Lee, still places the largest cryptocurrency ahead of its record high set in December 2017. The Mayer Multiple is a calculation achieved by dividing the current bitcoin price by its 200-day moving …
Cryptocurrency exchange HitBTC has rejected allegations by some of the industry’s best-known figures that it was deliberately freezing user accounts, the company told Cointelegraph in an email Jan. 3. Responding to a request for comment, Peter Swen, a representative from the exchange’s marketing team, denied any link between account freezes and Thursday’s ongoing Proof of Keys event. After user complaints on social media, Proof of Keys’ organizer Trace Mayer had publicly suggested that HitBTC may be deliberately disabling withdrawals in response to the event. He was subsequently joined by others in his suspicion, including John McAfee, wallet manufacturer Bitfi and …
Cryptocurrency exchange HitBTC has yet to respond to accusations it deliberately froze account withdrawals on Jan. 1, days prior to entrepreneur Trace Mayer’s Proof of Keys event. In a series of tweets, Mayer joined names such as crypto advocate John McAfee in voicing concern and even suspicion about HitBTC after users reported being unable to withdraw their funds. On both Twitter and Reddit, users acknowledged that the practice of freezing accounts had occurred often in the past, and that the timing two days before Proof of Keys was not necessarily deliberate. Proof of Keys, which Mayer announced last month, calls …
Cointelegraph begins LIVE video streaming of LaBITconf from Mexico! This major Annual Latin American Bitcoin Conference takes place in Mexico City on December 4-5, 2015. The great part of the conference is held by local companies in Spanish with simultaneous translations. While guests of the conference, including Andreas Antonopoulos, Trace Mayer, Erik Voorehes, Tuur Demeester, speak in English. Follow the LIVE video streaming and listen to smart chosen topics from Cryptocyrrency and FinTech experts to drive through Bitcoin and Blockchain opportunities. LaBITconf Schedule December 5 Registration Mexico - 10:00 (GMT-6) New York - 11:00 (GMT-5) London - 16:00 (GMT) Athens …