Looking at both the advantages and disadvantages that the blockchain has brought to mankind, I think the benefits outweigh the disadvantages. What do you think guys?

Who owns the reliable information that the network bitcoin uses more than 80% of the countries separately electricity. Bitcoin also multiplied by several times the amount of energy consumed in the last year. Is this really true, who will say? So there are thoughts that bitcoin in a couple of years will be a threat to the energy situation on the planet?

The volatility in Bitcoin is an avenue for traders to earn money, this arrangement puts Bitcoin ahead of the Blockchain technology thereby delaying global Blockchain adoption.  Blockchain without Bitcoin, is it going to happen?

The Jamaica Stock Exchange (JSE) will soon be offering cryptocurrencies as tradeable assets for clients.

The company said Tuesday that it had signed a memorandum of understanding (MoU) with blockchain startup Blockstation for the creation of a new digital assets trading platform. While it is not clear which tokens will be initially listed, the platform is set to go live by the end of the year.

In interview, JSE managing director Marlene Street Forrest said that offering cryptocurrencies as investment products fits in with the equities, bonds and other investment products that the exchange already offers.

Forrest told CoinDesk:

"The end game at the end of the day is to trade tokens, the end game is smart contacts, the end game is to provide that area of the market that would like this product, to start to do so in a secure manner."

Blockstation is providing the technology, she explained, while the JSE's infrastructure will be networked to the new platform, allowing qualified investors to conduct purchases or trades.

Aside from listing cryptocurrencies for trade, Street Forrest said the stock exchange will continue to look at how blockchain technology can benefit the platform and its clients, going so far as to indicate that JSE's plans may include issuing its own cryptocurrency at some time in the future.

"The environment changes, the entire ecosystem changes, so at that point in time that might be the case, [although] at this point in time that is not a discussion," she said.

Blockstation co-founder and chief enterprise architect Jai Waterman told CoinDesk that the startup has been working with the JSE for roughly six months in order to develop a custom version of its platform for the exchange. Specific requests from the JSE have included tools to track market manipulation and other regulatory needs, he noted.

"Our mission is to provide … a secure method of trading cryptocurrencies with broker-dealers and stock exchanges," he said. "We're providing the stock exchange the technology for a broker-dealer network and repository, so that from end-to-end, their life cycle of trading – just like with securities – they can do the exact same thing with blockchain and cryptocurrencies."

The JSE is in no rush, however, and is taking its time to ensure that the launch is safe for investors, Street Forrest said.

"We have a steering committee that was designed and formulated to look at the Blockstation product, to look at the blockchain technology in general and to go through the phases to ensure that we understand what we are getting involved with and are also trained in what this entire trading of cryptocurrency involves," she explained.

As such, she said, the exchange's integration of blockchain will be "gradual."

Jamaican dollar image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Bitcoin To Drop As Low As $1500 This Year, Wall Street CIO Predicts

"I wouldn't be astounded if throughout the following year it's down to $1,500 to $2,500,"

Is this going to be genuine or not?

I trust that,

Everybody has the privilege to make a supposition and divider road is generally a standout amongst the most capricious money related instrument for a considerable length of time.

Despite the fact that they exchanged offers of genuine organizations whose profits are significantly more unsurprising, they for the most part experience air pocket and adjustment times where rich speculators get the benefit to the detriment of little ones. Furthermore, talk has been one of the significant weapons.

Bitcoin has come a long way and comes really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduced to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?

I quite remember when bitcoin was struggling to climb up the $6000 ladder about some weeks ago so many people were anticipating for the bull run of bitcoin. The short bull run of bitcoin came and they did not sell even their altcoins how much the adorable bitcoin. Some people think it is an obsession but i believe it is the passion with which some folks in here have developed for bitcoin. The feeling is just like that old piece of clothing in your closet which really looks old or unfitting on you but yet still you just can take it out of your closet.

That is the PASSION that some crypto enthusiasts have developed for bitcoin and is just like that little stubborn baby which nags at you every now and then but you just cannot do away with it. I am glad i have this passion too. Feel free to share your thoughts fellas