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In 2020, one of the most popular investments in the financial world has been cryptocurrencies such as Bitcoin. In 2017, most cryptos increased their prices several times over, and now it’s high time to consider what virtual currencies deserve attention in 2020.
@cz_binance: Some superstitious (and not so smart) guys say every time I tweet about #bitcoin price, they short. Based on this chain of tweets, I hope those poor guys are not overly #rekt. lol https://t.co/MdSAxvWJ1p https://t.co/dsjEqlKD8W
The Halving and the Self-Fulfilling Prophesy of Bitcoin
Every four years, the Halving reduces Miner Rewards by 50%, which effectively doubles the marginal cost to produce a Bitcoin overnight (give or take). This protocol feature puts upward pressure on the price of Bitcoin over time to fairly compensate the Miners for their work securing the network. While the marginal cost to produce a Bitcoin is just a measure of Miner costs to process transactions and secure the Bitcoin protocol, it is also a reflection of how much global civilization values the most resilient accounting information system ever created by the human race. More value is assigned to Bitcoin's resiliency everyday, which puts upward pressure on the Price, which attracts more miners to compete for miner rewards, which get cut in half every four years, which puts more upward pressure on the price, and so on and so forth... I expect this process to continue until the supply and demand for the most resilient accounting information network reaches an equilibrium... which may still be many years into the future I suspect. And none of this even considers the value of decentralized applications built on top of Bitcoin's security layer, which will no doubt only add more value and utility to the Bitcoin protocol. Long story short, I highly recommend getting yourself some Bitcoin, so that we can get on with the real work of re-building human civilization under a new set of rules that promote Liberty and Justice for All.
#Bitcoin (BTC) price has risen over the $9K mark for the second time in 24hours. At the time of writing, Bitcoin price is settling at $9,036.25 #Cryptotraders are attempting to establish support while targeting a $9.4-$9.6K zone.
After the first halving, bitcoin rose over 90X. For the second halving, bitcoin rose to $2.8k from around $600 within a year. The recent changes coming to mining operations could be the first time the market price of bitcoin would stay below mining breakeven points for a considerable amount of time
03-19 17:15 - 'Take a look, if you want I can ping you over a couple of charts that Nouriel Roubini put together showing definitive proof the BTC price jumps every time tethers are printed.' by /u/CreepyCranfield10 removed from /r/Bitcoin within 0-6min
If you are bummed about the current bitcoin price fall just look at these bitcoin transactions, which hold the spot for the top transactions ever made on the blockchain, the value of each transaction only increasing over time....
This time last year Bitcoin took off at Thanksgiving. As it became the most-discussed topic over the turkey dinner, the price shot up to $10k. Three weeks after Bitcoin hit its all-time high. Now let's hope you all talked about Bitcoin instead of nailing that turkey
07-23 22:33 - 'If the price of Bitcoin was going down over time, would you all still be as enthusiastic about it?' (self.Bitcoin) by /u/BunnyandThorton2 removed from /r/Bitcoin within 1847-1857min
''' I'm guessing that the popularity of bitcoin comes from the speculation on making money on it, all these high hopes and dreams of becoming rich, a get rich quick scheme if I ever saw one. Did you all ever realize that although it is deflationary, other currencies can fulfill the same utility? They may not fill the same speculative purposes, but the utility alone isn't what gives it strength or popularity..it's the speculation. Granted, if Bitcoin was the ONLY crypto in existence then I would agree that it is revolutionary and likely profitable to own, but the fact that you can't create something from nothing applies here, evidenced by the existence of other cryptos with the same utility. ''' If the price of Bitcoin was going down over time, would you all still be as enthusiastic about it? Go1dfish undelete link unreddit undelete link Author: BunnyandThorton2
I teach math and here is my attempt at trying to explain our current economic system graphically, showing what the value of the US Dollar, CPI, Gold, S&P, Art, Wages, House prices and Bitcoin have done over time
So we all know that our education system is horrendous. People graduate high-school, and even university, without fully appreciating that there are different systems at play in our current economy and that we have choices as to what systems we would like to invest our time and money on. To help get this point across I just finished putting together a set of videos to explain this. There are 6 videos in this set, the last two (Part 1, Part 2) bringing everything together by showing how the value of the US Dollar, CPI, Gold, S&P, Art, Wages, House prices and Bitcoin have changed over time. The Table of Contents for the last two videos is: Part 1
05-13 07:44 - '1. AOL has been around for a while too. Exponentially? Price wise? Lol u mean the tether pump? / 2. Petro? U serious? Senegal and Tunisia are the twin pillars of modern finance. Obviously mooon! 3. Over time? Like ten...' by /u/luckybuttercup removed from /r/Bitcoin within 172-182min
AOL has been around for a while too. Exponentially? Price wise? Lol u mean the tether pump?
Petro? U serious? Senegal and Tunisia are the twin pillars of modern finance. Obviously mooon!
Over time? Like ten years? Fees got worse since 2009 and it’s even slower than bcash.
Over the past day the price of Bitcoin has grown by almost 9%. At the same time, the total market capitalization exceeded $ 200 billion. Therefore, it is worth looking out for exchangers, I use BITTEAM. Bitteam is a direct cryptocurrency exchange platform between by users. #BitTeam #BTT #tokensale
A wave of investment is flowing into Bitcoin Cash in the last 2 days. At the same time, Bitcoin prices are retreating, while mining power switches over to Bitcoin Cash.|| Find out more, with Bitcoin Chaser
Bitcoin price (BTC) Add to Watchlist $ 13,070.01 +0.56%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 10:56 AM 3:06 PM 7:17 PM 11:27 PM 3:38 AM 7:48 AM. Market cap $ 242.4B. Volume (24 hours) $ 23.6B. Circulating supply 18.5 M BTC. About Bitcoin. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain ... We have already discussed with you the highest Bitcoin price in history and now it is time to take a look at the price that seems quite unbelievably low compared to the massive high of December 2017. Bitcoin Price History in its Early Days. At the very beginning, Bitcoin naturally started out quite slow. After the mining of the first Genesis block of Bitcoin in January 2010, it started taking ... So a person invests $1 to $10 per day or per week into a cryptocurrency and they become sheltered by the overall cost average over time. Finding the earliest price of bitcoin is not too hard to ... Price Bitcoin Today shows the most accurate crypto live prices, charts and market rates from trusted top crypto exchanges globally. Price Bitcoin Today has over 1600+ cryptocurrencies, trusted historical data, and details of active, upcoming and finished initial coin offerings. Bitcoin Price hit another all time high as the impending forks draw closer. 2 November 2017: $7354 Bitcoin Price hits another all time high on CME Future Exchange listing. 8 November 2017: $7888 Bitcoin Price reaches a new all-time high after participants of the SegWit2x hard fork announce they have “suspended” it. 10 November 2017: $6429: Bitcoin Price drops over $1000 after SegWit2x hard ...
If so, you're not alone. I recently did a Twitter survey asking how many times people check bitcoin's price on a daily basis, and over 40% of people said they check it OVER 10 TIMES a day! So in ... The bitcoin charts continue to show us signs that time may be running out to buy BTC at these prices around $10k. Cycles of Bitcoin - https://www.tradingview... I wanted to share a data point that I found on Twitter which details the path that Bitcoin could take to reach a price point of $1 million, based on a Stock-to-Flow model. Do you think this is ... Incredible BITCOIN Price Movement 2009 to 2017 ..what will be his next step...? More Information https://www.cryptooos.com/ Buy Bitcoin(Lambo) here https://c... The Best Explanation You Will Get About The Bitcoin Halving***** Fed Printing INFINITE Money👉 https://youtu.be/cfs3plqdcBA https://www.thefundamentalsecrets....