Mike Novogratz: Bitcoin Isn't Tulip Mania, Institutions ...

How to trade Bitcoin Future

How to trade Bitcoin Future


https://preview.redd.it/zel9pxcl8df51.jpg?width=1200&format=pjpg&auto=webp&s=21c74d0ccc5556ea744088a283c44819fba59aef



Bitcoin is troublesome to use.
But bitcoin’s isue may build it additional valuable.
So, what’ reality regarding bitcoin’s future?
Bitcoin mining may be a senseless waste of energy.
As bitcoin hits mainstream media, the subject of bitcoin mining
bubble regarding to pop.For ten years, the media has enjoyed painting bitcoin as a bubble concerning to pop. They’ve gleefully pronounced the bubble popped and bitcoin dead … over 350 times. However the reality regarding bitcoin is that it keeps coming back back. Why?

Charlie Munger called bitcoin “worthless artificial gold.” Others in the media have likened bitcoin to a bubble, a “tulip mania,” and different strong statements
Each time bitcoin improves itself (like with Segwit
Segregated Witnesses. A protocol implemented by Bitcoin to extend transaction speed. SegWit allows a lot of transactions to be written into a single block on a blockchain.

or the Lightning Network), or will increase in value, the media is keen and ready to jump on it, decrying and denouncing it.
Therefore what’s the reality behind bitcoin’s price -- is it extremely a bubble?
The reality regarding bitcoin is straightforward; it's experiencing the same rise and fall cycles as each new technology and asset catego
The web also experienced a bubble. Shares of dotcom firms rose by a thousandpercent on a daily basis. Then it all tumbled down. However we have a tendency to’re still using the web, aren’t we have a tendency to? More than ever, in fact.

Stocks conjointly experienced big boom and bust cycles, especially in their early days.

We might feel like stocks have been around forever -- and to us they need. However stocks conjointly had a starting, and a rough one too. Once upon a time in 1531, when the first stocks were invented, they saw extraordinary volatility, scams, and no regulation. In fact, before stock exchanges, they were sold at occasional shops -- just like cryptocurrencies were sold on la peer to peer

marketplace, before exchanges came online.
Even property, viewed by the majority as “the safest investment” experienced a dramatic cycle. Business Insider reported that “Between 2006 and 2014, nearly ten million homeowners in America saw the foreclosure sale of their own homes.” And tens of thousands became homeless as a result of of it. Nevertheless --- we have a tendency to’re still living in homes, aren’t we?

The future of bitcoin would possibly be the identical as that of stocks, bonds, assets, and the web. It rises and falls like all the others, and it is currently terribly volatile -- but that’s as a result of it’s young.

Stocks have been around for 400 years. Dotcom corporations for forty years. Bitcoin is solely 10 years previous -- and cryptocurrencies, normally, are even younger. But slowly, they will become a part of our daily lives.

Rich investors are manipulating costs!
Look at this headline from the Independent: “Bitcoin price Crash: 'Manipulative Whales

Whale
A very wealthy individual capable of creating massive trades.
View full glossary
' cause Cryptocurrency Market Meltdown!”
It’s sensationalism, pure and straightforward. The article goes on to rant against these therefore-known as “whales” -- individuals who own voluminous dollars of BTC -- as evil-doers who’s solely thought is profit.

This type of sensationalism is meant to harm Bitcoin’s future; to scare people faraway from doing research and thinking for themselves.

Nonetheless, this statement is somewhat true. Up to eighty five% of Bitcoin’s supply is solely owned by onepercent of wallet addresses.




But there’s an important point to be made about these numbers. Most of the prime percentage of wallets is not owned by whales -- but by exchanges

Exchange
On-line platforms on which people can buy and sell cryptocurrencies.
View full glossary
.
However their result is getting smaller and smaller.
A company referred to as Chainalysis -- that makes a speciality of analyzing the Bitcoin blockchain

-- found that “the actual threat that all whales pose to the cryptocurrency economy is relatively low. If they sold off their entire holdings, it'd be effectively a $3.9 billion sale at current costs. That’s not even tenpercent of this total market capitalization of Bitcoin.”
This is as a result of, as I hinted above, several of those wallets holding such vast sums are the ‘cold wallets

’ (wallets held offline) belonging to major exchanges like Coinbase, Kraken, Binance, and more. These wallets cannot be used to manipulate the price, diminishing the potential impact of enormous ‘whales’ selling their positions.
Bitcoin is simply too slow for use as a currency.
The reality regarding Bitcoin is that yes, it's slower than VISA, Mastercard, and alternative centralized electronic payment systems.

Paying together with your credit cards takes seconds and the network can handle payments around the globe twenty fouseven. But, though Bitcoin can additionally be used around the world, confirmation

of payment takes an average of 10 minutes; during the bitcoin craze recently 2017, confirmation times might take hours.
Moreover, VISA on average processes around 2,00zero transactions per second (tps). This means the amount of payments individuals make per second on the network. VISA includes a maximum of twenty four,00zero TPS. Bitcoin, by distinction, has a maximum of ten TPS. This argument has been place forward by several critics over the years and picked up by the media as the doom of bitcoin’s future.

However Bitcoin could be a technology that evolves.
Now let’s assume regarding Bitcoin’s past for a moment. The coin and its underlying technology -- the blockchain -- are only ten years previous. When the web was ten years old -- the year was 1989. Do you keep in mind the net in 1989? I sure do.



payments in exchange for not revealing sensitive info. So, in bound ways that, BTC and cryptocurrencies offer hackers a lot of options.
However money continues to be king for every criminality.
Though it’s true that hackers and phishers do typically ask for payment in BTC

There’s an aphorism: “money talks.” It means that that if you would like to get something done -- the best argument you can build is to place down a stack of money. When Bitcoin rose to fame, the primary headlines focused around Bitcoin being the prime choice for criminality.

But Lilita Infante, Special Agent for the DEA (Drug Enforcement Administration) has some contradictory info regarding this. She was one among a ten-person Cyber Investigative Task Force team whose primary aim was the dark web and crypto-related investigations. This cluster is no little force. They collaborate with the Department of Justice, FBI, and also the Bureau of Alcohol, Tobacco, Firearms and Explosives. And she went on the record to talk regarding what share of bitcoin transactions are literally being employed for illegal things; she said that “illegal activity has shrunk to about 10 p.c.”

Only tenp.c of all the transactions on the Bitcoin network could be used for illegal things. Which number is falling.

The fall in Bitcoin’s use among criminals is due to several factors. The most prominent factor is that Bitcoin is no longer anonymous. Sciencemag wrote a full report on how governments are developing and using techniques to explore the Bitcoin blockchain and notice criminals by tracing their bitcoin payments.

Paying with bitcoin isn’t simple.
I’ve heard this argument flow into widely throughout the years. I still hear it from my grandpa each vacation dinner. He didn’t see a Bitcoin checkout option at the grocery when he bought the turkey -- therefore it’ll never be used.



Perhaps Bitcoin is on its means to being such a store of worth. For 10 years now bitcoin has been ready to be saved and retrieved and exchanged -- and it’s worth has only gone up (bumpy but up).

Need to get more cryptocurrencies? Check out our top 5 cryptocurrencies to shop for, whether you’re a beginner or an experienced investor!

Bitcoin is difficult to use.
Bitcoin, like all new technologies, isn't the most user-friendly.

You would like to line up a wallet, bear in mind a seed phrase, and several additional steps. Sending and receiving BTC

payments additionally involves steps of copy/pasting long strings of random letters and numbers. It’s powerful, I hear ya.


I additionally keep in mind all the steps I needed to require to send emails back when those were new. Insert a CD from AOL into my computer. Install AOL. Unplug my phone line. Plug in my Modem. Wait for it to make all those noises and finally connect. Then set up my AOL email and password. It was quite the method.

My grandfather never thought emails would come out and even my mother said folks would perpetually like handwriting letters (and using a physical dictionary for spell check!) and sending through the post.


Think about it the approach we tend to assume about gold. Not everyone has gold. It’s also a bit difficult to own.

If you wish to own gold for its ‘store of price’ properties, you wish to seek out a specialized look to buy investment gold. You need to store it somewhere, sort of a personal safe or a bank vault, and bear in mind the password. This is somewhat troublesome.

https://preview.redd.it/k0x3jqsm8df51.jpg?width=770&format=pjpg&auto=webp&s=ff7c2f29881c28fb22c9828c497cc1981eea2919
Perhaps Bitcoin’s problem will facilitate it retain its value, just like gold
You Might Conjointly Like: The 5 est Bitcoin Sports Betting Sites
https://www.cryptoerapro.com/bitcoin-future/
submitted by cryptoerapro to u/cryptoerapro [link] [comments]

CC - We've spent the past 8 months building Binance Academy, an entirely free educational portal with no advertisements.

Hi /CryptoCurrency
With the recent market upturn, the amount of people interested in blockchain technology has come with it.
We, Binance Academy, have spent the bear market building an entirely free educational platform for anyone to access. No ads, no paid content, free to use, always and available in 16 languages.

I'd like to know what you'd like to see next on Binance Academy - Are there any topics you'd like to learn?
Binance Academy Content:
Blockchain Security Economics
Byzantine Fault Tolerance Explained What Is a Dusting Attack What Are Forward and Futures Contracts
Blockchain Use Cases: Charity What Is Symmetric Key Cryptography MACD Indicator Explained
What Makes a Blockchain Secure? Pyramid and Ponzi Schemes What Is Technical Analysis
Hybrid PoW/PoS Consensus Explained What Is a 51% Attack Stochastic RSI Explained
Blockchain Use Cases What Is a DoS Attack What Is Quantitative Easing?
Blockchain Use Cases: Healthcare What Is Social Engineering? What Is Hyperinflation
Blockchain Use Cases: Supply Chain General Security Principles What Is Inflation
zk-SNARKS and zk-STARKS Explained Why Public Wifi Is Insecure What Is an ICO
Delayed Proof of Work Explained What Is a Replay Attack What Is Fractional Reserve
What Is a Coin Burn? What Is Public Key Cryptography Game Theory and Cryptocurrencies
Delegated Proof of Stake Explained History of Cryptography What Is Tulip Mania
What Is Ethereum? What Is a Multisig Wallet What Is Fiat Currency
Hard Forks and Soft Forks Ransomware Explained The 2008 Financial Crisis Explained
Proof of Stake Explained What Is CryptoJacking What Is Ripple
What is Lightning Network What Is a Keylogger Moving Averages Explained
What Is Cryptocurrency Sybil Attacks Explained Liquidity Explained
Blockchain Advantages and Disadvantages What Is Phishing What Is the RSI Indicator
What Is Ethereum Plasma? What Is Trust Wallet Bollinger Bands Explained
Proof of Authority Explained What are Makers and Takers
What Is Bitcoin?
Difference Between Blockchain and Bitcoin
History of Blockchain
What Is Cryptocurrency Mining?
What Is a Blockchain Consensus Algorithm
Proof of Work Explained
Proof of Burn Explained
What is Binance Coin?
How Does Blockchain Work?
What are Nodes?


Along with this, we also have a glossary with 143 crypto terms
submitted by Jager_Binance to CryptoCurrency [link] [comments]

01-28 18:43 - 'I'm gonna post this in every r/news thread because it seems people here don't understand the most basic facts about "cryptocurrencies". / Cryptocurrencies are not always meant to function like traditional currencies. They're ca...' by /u/Acrimony01 removed from /r/news within 35-45min

'''
I'm gonna post this in every /news thread because it seems people here don't understand the most basic facts about "cryptocurrencies".
Cryptocurrencies are not always meant to function like traditional currencies. They're called currencies because they're tradeable.
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets
All that means is they're digital assets that can be traded from one party to another without the need of a middleman. It doesn't mean they are a currency meant to buy lattes and pay your friends. Some of the most interesting cryptos are ones that people will not even realize they are using.
There are many classes of coins/tokens. Which can do a lot of different things. An absurd amount of things.
Edit: Anyone who's researched the most basic facts of crypto knows that bitcoin is not private. You all are reading news from the early 2010's at this point.
There are dozens more categories. Including things like [Credit]1 , [Debt]2 , and [Shit that's so complicated I can't even explain it]3 .
The key is that they are easily tradable from you to me. I can send anyone on this board crypto right now. As long I know where to send it. That crypto goes way beyond cash and currency. Some of them could represent anything. From dividend payments to debt.
Say Apple decided to come out with a coin called APPLE. That APPLE coin would distribute you profits based on how much you hold (Like a dividend). Then you could trade APPLE for GE. Without a broker.
What if you could buy a house without a title company? Or send money to your family in a foreign country with no fees?
There are millions of problems that crypto can help solve. Some of them don't require a token and just need a blockchain. Some of them CAN use a token, and that coin/token can have tremendous value.
That's what cryptocurrencies are. They're not stocks, real estate, bonds, or commodities. They're a whole new thing. They have different parameters. They act different. They have different markets.
The reason Bitcoin(BTC) and Ethereum (ETH) are so dominant is because they are the de facto trading commodity in the crypto space. Everything is CoinX/BTC or Coinx/ETH. You need these coins to get in the game. [Bitcoin is dying.]4 It's having trouble scaling and facing internal (the bcash war) and external (governments, whales) pressure. It's continued to lose market share to ETH and several new up and comers that can do even more.
Crypto is rapidly changing. People are moving away from power intensive Proof of Work protocols to Proof of Stake variations. We now have DAGs entering the fray, which have hypothetical feeless and instant transactions that could potentially power a whole new ecosystem of payments and devices.
The world of crypto is exciting and interesting. It's volitile and dangerous. But it's not a ponzi scheme. It's not a scam. There is real money being made. Real companies are embracing it. Real interesting ideas are being constructed and executed.
You have basically two choices. You can get interested and learn, or you can pretend it's not real and ignore it. The latter group has been proven repeatedly wrong. Those mistakes could possibly be fatal for certain businesses. As for the "bubble" talk. Crypto bubbles pop all the time. Bitconnect (an infamous scam) was annihilated this week. Bitcoin itself is bleeding badly and continues to lose market share. Coins like Vertcoin rocket up to the top 20 only to fall below into the 100s based on overhype and "flavor of the month" style thinking. It's complex international market that never sleeps, always surprises and is difficult to predict.
One thing is for sure. Regardless of whether you believe in crypto or not. The people calling it "all a ponzi", "tulip mania", or "drug currency". Those people are fucking morons who have done no research. They're also incredibly abundant here. Crypto may be speculative, but you bet your ass people are going to speculate with twelve figure companies like Microsoft, IBM, Bosch are creating entire legions of personnel and resources dedicated to developing them. Each coin has a unique user base, application and potential. Some of them have serious challenges. Some of them have serious flaws. The activity in China, Korea and Japan is extraordinary. Some cities are positioning themselves to be "crypto capitals". There is even speculation that countries like China will "anoint" blockchains to be standardized and used throughout their economy. Cornering the market and dumping spectacular amounts of cash into certain coins.
The rabbit hole goes even deeper when you get into ICOs, deep chart tokens, whale manipulation, governmental relations (Chinacoin), investor theory (going beyond coin fundamentals to coin perception and marketing), taxes, complex ecosystems (ERC20 tokens), cold storage, exchange politics, and dozens of other hot topics.
I hope that clears some things up. I also suggest reading and visiting the communities behind some of the coins I've listed.
Edit: added some details and fixed some spelling. Please feel free to repost this, or correct me.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: Acrimony01
1: *ell*b*oom.*o/ 2: www.sa*tl*nding**o*/ 3: dist**c*0*.io/ 4: https://coinmarketcap.com/charts/
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Bitcoin 2020 Price, Stellar Inflation Rate, Binance + TRON, Ripple Acquisition & Cardano Sneakers BINANCE EXCHANGE REVIEW, ERVARINGEN, KOPEN EN VERKOPEN ALTCOINS Binance Lists New Coin - Use this tool to trade such coins automatically Jak Łatwo Zarobić na Bitcoinie i Kryptowalutach - Binance Dusting Attacks Explained CREX24 - Estonia's Binance - Russia-APPROVED Cryptocurrency Exchange! Bitcoin! Ethereum! & IQ Cash.. How to use a Cryptocurrency Exchange - Binance Basic Interface Binance iOS App  Downloaden, Installieren & Vertrauen Bitcoin + IRS, SEC Bitcoin ETF, Binance In China, Ethereum Use Case & Bitcoin Price Rise

Tulip Mania and Beanie Babies; Closing thoughts; Introduction. When you think of a safe-haven asset, precious metals like gold or silver probably come to mind. They’re investments that individuals flock to as hedges against turmoil in traditional markets. The debate over whether Bitcoin follows in the footsteps of these assets rages on. If this is tulip mania 2.0 we have a long way to run for one Bitcoin to equal 10x the salary of a skilled technology engineer. Disclaimer This article is for informational purposes and does not constitute investment advice. Disclosure The author may hold Bitcoin. “The internet bubble felt like a mania and wow did the internet change our world.” The industry pioneer also states that in the future, he is certain society will adopt a digital store of value, noting that he foresees Bitcoin being the most likely candidate, due to a number of its unique characteristics. Novogratz isn’t the only industry ... Bitcoin is not Tulip Mania Revisited Comparisons with the Tulip mania of the seventeenth century, agreed to be the first financial bubble of the capitalist era, were always wide of the mark. Is Bitcoin like the Tulip Mania? Some say that Bitcoin is bubble, just like the Tulip Mania in the 17th century. Is Bitcoin really following the history of Tulip? You may already know the history of Bitcoin as these are very recent events. In this column, let’s look into the tulip mania. List of Online FX and Crypto Brokers. Tulip caused the ... If Bitcoin completely revolutionised Money (as if) that still wouldn't be anywhere near the difference the Internet makes. So, Bitcoins are more like tulip mania because almost _everything_ is more like tulip mania. YA Fantasy novels, slogan T-shirts, pizza, marriage, any of these things is more like tulip mania than like the Internet.

[index] [9430] [3714] [14536] [20839] [21644] [9846] [18617] [24065] [14797] [19389]

Bitcoin 2020 Price, Stellar Inflation Rate, Binance + TRON, Ripple Acquisition & Cardano Sneakers

This Video Reviews the Estonia-based Crypto Exchange 'CREX24'. There are 558 coins and 844 trading pairs on the exchange! CREX24 was Established in 2017, but What's Happening in 2020? Watch, Like ... Learn how to use the Basic Interface on Binance in this tutorial video. Subscribe to keep up to date with more content from Binance and don’t forget to check our other videos at academy.binance ... Like this video? Sign in to make your opinion count. Sign in. 1,261 41. Don't like this video? ... ERC-20 Sleuthing & Tether Lawsuit Mania - Duration: 45:52. The Modern Investor ... Bitcoin + IRS, SEC Bitcoin ETF, Binance In China, Ethereum Use Case & Bitcoin Price Rise The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... Jak Łatwo Zarobić na Bitcoinie i Kryptowalutach - Binance W tym wideo przedstawię Ci 6 sposobów dzięki którym możesz zacząć zarabiać na Bitcoinie i Kryptowa... Overview: This tool uses Binance REST APIs to continuously check if a new coin got added, and executes the trade as discussed in the video. Timestamps: 00:38 - Use Case Overview 4:30 - How to ... Subscribe to keep up to date with more content from Binance and don’t forget to check our other videos at www.binance.vision! Sign up to Binance with a lifetime 10% discount on fees: https://www ... Die Binance-App finden Sie nicht im App-Store zum Download und daher müssen Sie als erstes auf die Webseite von Binance gehen, um die App von dort herunterzuladen. Den Link zum Download finden ... Mijn eerste Binance exchange ervaringen, uitleg en review. Een Altcoins handelsplatform voor beginners en gevorderden. ⇩ De Beste Cryptocurrency Cursus ⇩ h...

http://casino-btc.forexplatform.website