Bitcoin increase expected – Bitcoin Revolution fever in New York City

Blockchain Week New York has seen a series of large crypto-currency conferences flooding the Big Apple with thousands of blockchain experts, entrepreneurs and community members. With the CoinDesk Consensus Conference and the Ethereum Ethereal Summit, attended by crypto industry experts from around the world, crypto traders expect a strong market surge after the events. The annual Consensus Conference in New York is one of the biggest blockchain events of the year and has been associated with an increase in value and high market capitalization for three years.

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CoinDesk

@coindesk
Must be #NYBlockchainWeek #Consensus2018

12:15 – 14 May 2018 – New York Hilton Grand Ballroom
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The Krypto – Bitcoin Revolution of the year

Consensus, for example, offers blockchain entrepreneurs, developers Is Bitcoin Revolution a Scam? Beware, Read our Review First and investors the opportunity to join a list of around 7,000 colleagues. The number of participants is also more than impressive. Last year, Consensus had 2,700 participants. This year the number of visitors is expected to rise to 7,000.

The week-long event has a number of big names in the Repertiore, including James Bullard, President of the St. Louis Federal Reserve, Jack Dorsey, CEO of Twitter, and Eva Kaili, Member of the European Parliament.

However, not all participants in the blockchain industry are pleased about the increasing importance of the New York Blockchain Week. Ethereum co-founder Vitalik Buterin explained in April that he would boycott Blockchain Week because of the high ticket prices, noting that CoinDesk was recklessly “complicit in facilitating giveaway fraud.

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Vitality Non-giver of Ether

@VitalikButerin
I am boycotting @coindesk’s Consensus 2018 conference this year, and strongly encourage others to do the same. Here is my reasoning why.

1st Coindesk is recklessly complicit in enabling giveaway scams. See their latest article on OMG, which *directly links* to a giveaway scam.

17:25 – 26 Apr. 2018
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Blockchain Week Price Effects

The crypto currency market in general traditionally shows a positive price movement after the New York Blockchain week. In 2015, the price of bitcoin increased by 23 percent immediately after the event. After the second Consensus event in 2016, Bitcoin grew by 10 percent within a week and by another 80 percent by the end of the year. After Blockchain Week 2017, the bitcoin value rose massively by 69 percent, which strengthened the relationship between the event and the positive market development.

After New York’s Blockchain Week ends on the 17th of this month, the markets are beginning to swing slightly into the green. Co-founder of Fundstrat Global Research and Bitcoin Bull Tom Lee commented on the imminent recovery and predicted further positive action:

“THE RALLY AFTER THE CONSENSUS WAS STRONG AND SUPPORTS OUR VIEW THAT BITCOIN HAS ALREADY PASSED THE BOTTOM OF THE YEAR. BITCOIN GENERATED 10 TO 70 PERCENT AT EACH OF THESE CONFERENCES. WE THINK THAT ALTCOINS COULD RECOVER SIMILARLY IN VIEW OF THE STRONG INCREASE IN VISITOR NUMBERS.”

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