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 Bitcoin Cost Expected Of $ 15,000, Bitcoin Cash ABC, FEC Decision

11/20/2018
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Tom Lee is waiting for Bitcoin at a price of $ 15,000, the BCH ticket and the name Bitcoin Cash went to BCHABC. The United States Election Commission authorized computing power donations.

Tom Lee updated bitcoin forecast

Well-known expert cryptocurrency analyst at Fundstrat Global Advisors Tom Lee changed his bitcoin price forecast for the end of 2018. Now he believes that one coin will cost $ 15,000. Earlier the figure was $ 25,000. The reason for the adjustment is to change the level of profitability of Bitcoin mining. As technology progressed, it dropped to $ 7,000.

At the same time, Tom Lee said that the cryptocurrency was amazingly stable. Against the background of the financial crisis, it fell below $ 5,400, although it had the fundamental prerequisites for a deeper fall. However, he noted the fact that all the necessary infrastructure has not yet been created for the entry of cryptocurrency to large investors.

Tom Lee updated bitcoin forecast

BCH ticket was kept for Bitcoin Cash ABC

After holding hardfork Bitcoin Cash, a hot struggle broke out between supporters of new coins. The fact is that, in addition to the BCH supporting team, another company came on the scene - nChain. Now it will lead a project called Bitcoin Cash BSV. The hardfork war led to hacker attacks on both assets, so the largest cryptocurrency exchanges froze some operations.

The controversy between BCH ABC and BCH SV has flared up over the “true name”. Trading platforms have put an end to this discussion. Huobi, Coinbase, Bitstamp and most other exchanges decided to leave the BCH ticket behind the ABC coin. However, until now, operations with coins are carried out in a freelance mode, since there are doubts about the stability of the network.

More about hardfork war

BCH ticket was kept for Bitcoin Cash ABC

Mining as a form of volunteering

Back in 2014, the US Federal Election Commission (FEC) allowed the collection of donations in cryptocurrencies. Now it examines a more interesting case that may turn out to be a precedent.

OsiaNetwork LLC has developed a product that allows you to support your candidate through a computer. By providing his campaign headquarters with computing power for mining cryptocurrency. This startup put the FEC in a difficult position, because of its work, there are some legal conflicts. However, after the proceedings, it was decided to allow this form of collecting donations. Although with some reservations.

Mining as a form of volunteering

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