Recently, I was offered to join an MLM scheme. Larry Pantling, owner of Capstone Digital Mining, offered me an opportunity to buy a beginner package for mining onecoin, swiscoin or ilcoin. He also gave me some information about the so-called “promotion programs” to involve other people into mining. In other words, I was offered to join an MLM business. Frankly speaking, I’m not new at this; I know how MLM works. But in traditional schemes you at least get some goods in exchange for your money. But what about cryptocurrency MLM? I still don’t get all the mechanisms of crypto …

Cointelegraph asks its readers: What do you think the Bitcoin price will be in 2016? It’s getting fun again…if you’re into Bitcoin and roller coasters that is. The price has awoken from its year long lull and is looking bullish as Wedbush Securities has just raised its 12-month projection for the price of bitcoin from its previous June estimate of US$400 to US$600 over the next year. Now many are wondering if we will see a repeat of the infamous price run of late 2013. “2013 was the year investors started to invest volume in bitcoin and was the highest …