Bitcoin ist die Zukunft, sagt YouTube-Star KSI

9. August 2021

Der britische YouTuber KSI macht „übermäßige Hebelwirkung“ für seinen früheren Verlust von 9,74 Millionen Dollar (7 Millionen britische Pfund) in Krypto-Investitionen verantwortlich.

Bitcoin ist die Zukunft, sagt YouTube-Star KSI

Der prominente YouTube-Star KSI gehört zu der Gruppe von Krypto-Investoren, die während des letzten Bitcoin (BTC)-Crashs viel Geld verdient und verloren haben. Das jüngste Interview des in Großbritannien ansässigen Influencers zeigte jedoch seine anhaltende Unterstützung und seinen Glauben an das Bitcoin-Ökosystem.

Bei der Beantwortung der hypothetischen Frage „Wenn du Premierminister wärst“, teilte KSI – alias Olajide Olayinka Williams „JJ“ Olatunji – sein Interesse daran mit, „jedem Bitcoin im Wert von 100 Pfund“ in Form eines Konjunkturpakets zu geben. KSI behauptete, das Krypto-Ökosystem zu unterstützen und sagte:

„Ich denke, Bitcoin ist die Zukunft. Es wird definitiv langfristig sein, aber in zehn Jahren werden die Leute, die investiert haben, lachen.“

Der YouTuber stellte auch die anhaltende Inflation von Fiat-Währungen dem Preis von Bitcoin gegenüber, der auf die traditionelle Praxis des Gelddruckens zurückzuführen ist. IOTA kaufen per PayPal. Er untermauerte diese Behauptung mit der Aussage, dass „man die Menge an Bitcoin nicht erhöhen kann und das hat einen Wert.“

Zuvor hatte KSI 2 Millionen britische Pfund (2,7 Millionen Dollar) in Kryptowährungen, einschließlich Bitcoin, investiert, die in der Spitze auf 7 Millionen Pfund (9,74 Millionen Dollar) anstiegen. Bei der Bekanntgabe des Vorfalls behauptete er jedoch, alles verloren zu haben, da die digitalen Vermögenswerte „wegen des Bitcoin-Crashs liquidiert wurden.“ Er fügte hinzu:

„Das ist eine langfristige Sache und ich bin für die Reise hier.“

Der Influencer erklärte auch, dass die Allgemeinheit das Wachstumspotenzial von Bitcoin nicht vorhersehen kann und eine „Einstiegs- und Ausstiegsstrategie“ verfolgt. In Erinnerung an seine früheren Krypto-Investitionen behauptet KSI, den Krypto-Raum vollständig zu verstehen und macht „übermäßige Hebelwirkung“ als Hauptursache für seine Verluste verantwortlich.

Krypto-Börsen auf der ganzen Welt sind angetreten, um das Narrativ von Kryptowährungen als riskantem Handel zu verändern. Einer der ersten Schritte in diese Richtung war die drastische Reduzierung des gehebelten Handels. Laut einem Bericht von Cointelegraph kündigte die prominente Kryptobörse FTX einen Plan an, um den riskanten Handel einzudämmen, indem sie den maximalen Hebel auf 20x reduziert, was einem Rückgang von mehr als 80 % entspricht.

Unter dem Vorwand des verantwortungsvollen Handels behauptete der FTX-CEO und Krypto-Milliardär Sam Bankman-Fried, dass hohe Hebelwirkungen dazu führen, dass Händler ihr Krypto-Vermögen bei ihren ersten Geschäften verlieren. Andere Kryptobörsen wie Huobi Global sind diesem Beispiel gefolgt und haben kürzlich Beschränkungen für höhere Hebel eingeführt. Binance hat ebenfalls ein Limit von 20x Leverage für seine neuen Nutzer eingeführt und plant, dies in Zukunft zur Norm für bestehende Nutzer zu machen.

Bitcoin kan gjøre Iran til et av de rikeste landene. Slik gjør du det

8. Februar 2021

Populær pakistansk TV-vert mener at Bitcoin-gruvedrift kan gjøre Iran til et av de rikeste landene, til tross for amerikanske sanksjoner.

Den fremtredende pakistanske TV-verten og videojockeyen Waqar Zaka har tatt til Twitter for å si at Bitcoin kan gjøre Iran veldig velstående og bidra til å unngå sanksjoner pålagt av USA. Myndighetene.

Den iranske regjeringen eier over 45 000 BTC-gruvedrift

Wagar Zaka har tweetet at, akkurat nå, eier regjeringen i Iran angivelig mer enn 45.000 Bitcoin gruvedrift maskiner. Dette, sier han, kan hjelpe landet til å bli en av verdens rikeste og unngå amerikanske pålagte økonomiske sanksjoner.

Iran skal høste billioner takket være Bitcoin: Max Keizer

Det ble rapportert tidligere at Iran hadde opphevet forbudet mot kryptokurver og gått inn i Bitcoin-gruvedrift. Regjeringen kunngjorde at de ville kjøpe alle BTC produsert av lokale gruvearbeidere.

Den fremtredende Bitcoin-støttespilleren og Russia Today TV-anker Max Keizer regner med at siden Iran og Venezuela har kommet inn på gruvedriftmarkedet for kryptovaluta, vil de sannsynligvis høste billioner av U.S. dollar.

Det er 83 000 Bitcoin-millionærlommebøker

I mellomtiden har grunnlegger og CTO for det populære analyseselskapet Glassnode, Rafael Schultze-Kraft, twitret at det er omtrent 83 000 lommebøker som har $ 1 million dollar i Bitcoin der ute.

Denne tweeten hans kom som svar på Bitcoiner Anthony Pompliano, som uttalte at det i desember 2020 var 66 000 adresser som inneholdt så mye av flaggskipskryptovalutaen.

Schultze-Kraft forklarer at etter at Bitcoin nådde sin første betydelige heltid på $ 20.000 tilbake i desember 2017, ble alle tidlige gruvearbeidere som minet 50 Bitcoins før den første halveringen og aldri solgt / brukt / mistet disse myntene millionærer.

Alle de tidlige adressene som minet 50 BTC før den første halveringen og aldri brukte (eller mistet dem), gjorde hoppet inn i millionæradressebøtta til $ 20k.

Conquering space, Bitcoin and more: Infinite Fleet, the future of blockbuster video games?

22. Januar 2021

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Infiinite Fleet is about to reshuffle the cards of intergalactic conquest. After a long time talking about the synergy between blockchain technology and video games, here is the perfect illustration of a revolution in progress.

This promotional item is brought to you in collaboration with Infinite Fleet.

Join the ranks of the USF
Infinite Fleet is a real-time strategy game that Crypto Trader scam takes place in the far reaches of the universe. Massively multi-player, the development team has opted for a graphic style based on the manga codes, and promises players a unique experience.

Developed by the Pixelmatic studio, the team brings together the finest protagonists who have made Age of Empires 4, Homeworld, Company of Heroes and Dawn of War a success. With Samson Mow at the helm, blockchain technology is at the heart of this new concept and explores as yet unsuspected possibilities.

You will play the role of the Commander of the United Sol Federation, and will lead a fleet whose sole purpose is to save mankind… just that! Projected into the 22nd century, your goal will be to eradicate the aliens of Atrox, who threaten our species with extinction.

You will have at your disposal a fleet of flying fortresses that you will have to evolve through planetary exploration and looting. Strategic alliances with other players will be essential to defeat the warring parties and regain control of the galaxy.

The collection of resources takes on a whole new dimension here. In contrast to current MMOs, you will be equipped with a native token, which you can extract from the game and keep in your own online wallet. This token can be redeemed for cash in a dedicated marketplace, and will allow even the most dedicated players to speed up the improvement of their fleet.

Two tokens to reign supreme
The ecosystem imagined by the creators of Infinite Fleet is based on two distinct tokens. Previously mentioned, the INF token represents the official currency of the game. It will allow the acquisition and exchange of virtual objects with users from all over the world.

Unlike traditional games and their now archaic exchange systems, the INF is a cryptomonnaie. As such, it will truly belong to the players, who will be able to enjoy total flexibility. Exchanging for various digital assets, improving items, the boundary between virtual and real has never been so tangible.

A second token is of crucial importance here. Named EXO, it will be issued through an STO (Security Token Offering), and represents part of the capital of Exordium Limited (Pixelmatic’s parent company). This company is not limited to Infinite Fleet. It aims to become the equivalent of the Steam platform for games based on Blockchain technology.

Already validated by the European Commission, currently being registered with the SEC (USA) and the CSSF in Luxembourg, this token will allow you to own a fraction of the company. 20% of the profits will then be paid to you at the end of each year. You can now participate in this STO, contribute to the development of the phenomenon game of the year, and become one of the first investors in a future major video game platform.

Indeed, after having raised 2.5 million private funds, Samson Mow and the Pixelmatic team are this time calling on future gamers to support the development needs. This second round of financing of $5 million will take place over 50 days and will allow you to join renowned investors such as Charlie Lee (creator of Litecoin), Adam Back (CEO of Blockstream, consulted by Satoshi Nakamoto during the creation of Bitcoin) and Max Keiser.

The EXO token will be issued on the Bitcoin-backed Liquid network, and is available for sale for the sum of USD 50cts, and can be purchased using Euros, Bitcoin, Tether and Liquid Bitcoin. The minimum investment is $100.

It only takes one click to share a galactic adventure out of the ordinary. Much more than a video game, a new ecosystem is available to you, with the possibility of being a full shareholder of Exordium Limited.

Neue Zeitleiste zeigt den Preis von Bitcoin neben historischen Ereignissen des letzten Jahrzehnts

20. Januar 2021

Haben sich wichtige Ereignisse in der Geschichte von Bitcoin auf den Preis ausgewirkt?

Bitcoin ( BTC ) hat seit seiner Gründung im Jahr 2009 einen ereignisreichen Weg zurückgelegt

TradingView.com hat kürzlich ein BTC-Diagramm vorgestellt, das wichtige Ereignisse in der Geschichte des digitalen Assets sowie den sich ständig ändernden Preis der Kryptowährung zeigt.

Das am Dienstag veröffentlichte Diagramm zeigt potenziell bedeutende Ereignisse auf dem Preispfad von Bitcoin auf und zeigt eine „konsolidierte Geschichte von Bitcoin, die den De-facto-Krypto-Diagrammen (von TradingView) überlagert ist“, sagte der General Manager der Plattform, Pierce Crosby, gegenüber Cointelegraph.

Das Team von TradingView beabsichtigt, das Diagramm alle 14 Tage zu aktualisieren. Wenn jedoch wichtige Nachrichten veröffentlicht werden, wird das Team die Metriken früher anpassen. Wenn Sie auf verschiedene Blasen im Diagramm klicken, wird jedes Ereignis erklärt. Die Site listet auch Ereignisse in blogähnlicher Form unterhalb des Diagramms auf.

Crosby sagte:

„TradingView Timelines waren ein einzigartiges Unterfangen unseres zentralen Visualisierungsteams und zeigen uns, wie wichtig es ist, ‚Nachrichten in den Kontext‘ zu setzen (das entsprechende Diagramm). Wir erwarten, dass diese Logik in den kommenden Jahren viel mehr zum Mainstream wird, um die Relevanz von a zu beweisen Dies ist nur der erste Schritt. “

Der digitale Vermögenswert, der in den frühesten Tagen weniger als 1 US-Dollar wert war, stieg 2021 auf über 40.000 US-Dollar. Auf diesem Preisweg ereigneten sich viele wichtige Ereignisse, wie z . Gox Tortur .

„Unsere ersten Beobachtungen zeigen die unmittelbaren Auswirkungen historischer Ereignisse auf den Preis des Vermögenswerts“, sagte Crosby. Die BTC-Zeitleiste zeigt eine Flut von Ereignissen, obwohl sich die jüngsten Schlagzeilen auf die zahlreichen Preishürden konzentrieren, die der Vermögenswert durchbricht.

„Wenn man sich einige der frühen historischen Ereignisse ansieht, werden sie von der Preisbewegung in den Jahren 2015 bis 2017 in den Schatten gestellt. Dies war der erste Zeitraum, in dem aktuelle Ereignisse die allgemeine Vorstellungskraft der Anleger erregten“, stellte Crosby in der Grafik fest.

Eine solche Zeitleiste bietet ein Tool für Diskussionen über den Preis von Bitcoin, da es sich um Ereignisse und möglicherweise korrelierte Reaktionen handelt. „Wenn man nur die Preisbewegungen von BTC auf dem Markt betrachtet, kann man unvollständig erkennen, warum der Preis auf scheinbar volatile Weise so schwankt wie er“, sagte Crosby und fügte hinzu:

„Timelines ist die erste umfassende Quelle, die Kursbewegungen zusammen mit entsprechenden realen Ereignissen teilt, sodass Anleger verstehen können, warum es bestimmte Spitzen oder Einbrüche gibt, um sie für die Zukunft zu informieren und ihnen ein tieferes Verständnis für den Vermögenswert zu vermitteln, mit dem sie handeln . „

Bitcoin had a valuation above 300% in 2020, reaching US$ 29 thousand.

2. Januar 2021

A luxury car dealership in Las Vegas reported a growth in sales with payment at Bitcoin.

According to the Wall Street Journal, the Vegas Auto Gallery has become a playground for Bitcoin wealthy investors.

The dealership sells Ferraris, Lamborghines and other luxury cars of the Aston Martin and Bentleу brands. Just in the last days it sold two sports cars to customers who paid over US$ 6 million in Bitcoin.

The owner of the dealership has revealed that sales with Bitcoin represent from 3% to 5% of the company’s revenue.

The payment can be made through the platform BitPaу, which converts the digital currency into dollars at the time of payment. The platform receives a commission for sales.

Despite constant criticism of Bitcoin as a form of payment, BitPaу serves hundreds of thousands of merchants around the world, offering bitcoin holders many ways to spend digital currency.

According to WSJ, the dealership takes no risk when accepting Bitcoin as payment. The owner of the dealership said he receives the payment for the luxury cars within 24 hours after the customer sends the coins to BitPay.

„It is a very easy transaction,“ he said.

The buyer can also increase the transaction priority to be confirmed on the network as soon as possible, just set the fee, paying more or less according to the hurry.

Several market enthusiasts like to keep the currency waiting for more and more valuation, but who is spending the cryptomime can be easily understood since this year the Bitcoin had valuation above 300%, even being traded above $ 29 thousand.

People who bought the digital currency recently may not want to spend the asset, after all, why spend something that can, potentially value in the future?

Current buyers, therefore, are people who invested in Bitcoin longer ago and are now enjoying the profits.

Their logic is simple, „if I bought Bitcoin for $1,000 and today it’s $29,000, I can think that this is a cool way to diversify. The adoption of currency as a form of payment should also come from the people who own the cryptomime.

There aren’t many big companies that accept the digital asset yet, but this is about to change next year, as Paypal will allow its more than 300 million merchants around the world to accept the currency.

Digital currency still has challenges to solve when it comes to smaller transactions, like buying a coffee in a restaurant, but startups like Bitpay are finding ways to solve this through application.

2020 Was Het Jaar Waarin Bitcoin-Financiering Brrr

28. Dezember 2020

In 2020 was er een instroom van sponsoring voor de open-sourceontwikkelaars van Bitcoin. Maar het vasthouden van deze trend in 2021 is onze verantwoordelijkheid.

2020 was onvergetelijk, vooral voor Bitcoin

Om dit jaar te helpen herdenken voor onze lezers, vroegen we ons netwerk van bijdragers om na te denken over de prijsactie, technologische ontwikkeling, gemeenschapsgroei en meer van Bitcoin Era in 2020, en om na te denken over wat dit allemaal zou kunnen betekenen voor 2021. Deze schrijvers reageerden met een verzameling van doordachte en tot nadenken stemmende artikelen. Klik hier om alle verhalen uit onze End Of Year 2020-serie te lezen.

Dit jaar is er een geweest die niemand van ons snel zal vergeten. Hoewel de wereld een chaotische plek lijkt, blijft Bitcoin zijn basis vinden en stabiel blijven, en bewijst voortdurend dat de critici het bij het verkeerde eind hebben, keer op keer.

Maar er is dit jaar ook veel veranderd rond Bitcoin. De derde halvering van de subsidie ​​vond plaats, we kregen een Bitcoin-hashtag-emoji en onze favoriete oranje munt werd steeds meer geaccepteerd onder institutionele beleggers . Maar één onderwerp viel me dit jaar echt op: financiering van Bitcoin-ontwikkelaars.

Hoewel ik geen ontwikkelaar ben, vind ik dit onderwerp in de toekomst erg belangrijk. Dus ik wilde van deze gelegenheid gebruik maken om er een beetje meer in te duiken, en zijn geschiedenis.

We kennen allemaal het belang van open-source software. Bitcoin zelf is immers gratis, open-source software (FOSS), waaraan iedereen kan bijdragen (en auditen). Dit is een belangrijk aspect voor het creëren van een echt harde en schaarse digitale valuta. Hoe weet u wat het werkelijk is als u het niet publiekelijk kunt controleren?

Maar wie onderhoudt die software? Wie werkt er aan de code waarop Bitcoin is gebouwd? Je kunt alle bijdragen zien in de Bitcoin Core GitHub ( https://github.com/bitcoin/bitcoin ). De schoonheid van de decentralisatie van Bitcoin is ook te zien in de diversiteit van de bijdragers – het staat open voor iedereen.

De financiering van de ontwikkeling van FOSS is altijd een beetje een lastige situatie geweest. We kennen allemaal het belang van de software, maar vanwege het open en vrije karakter is er niet veel reden om deze te financieren. Er is tenslotte niets te verkopen, Bitcoin is voor iedereen gratis te gebruiken.

Degenen die het belang ervan begrijpen, hebben in het verleden deelgenomen aan de financiering van ontwikkelaars, maar er is dit jaar iets veranderd. In het verleden kwam de meeste financiering van kleine groepen of organisaties (zoals Blockstream, Chaincode, MIT, etc.) die rechtstreeks ontwikkelaars inhuren.

2020: het jaar dat ontwikkelingssubsidies cool werden?

Dit jaar hebben we een toestroom van Bitcoin-ontwikkelaars gezien die onafhankelijk werden gefinancierd door middel van subsidies of sponsoring door grotere organisaties zoals Square Crypto , OKCoin , Kraken , BitMEX , enz.

Coinbase en Gemini hebben zich gecommitteerd om ook in de toekomst ontwikkelaars te financieren, en projecten zoals Brink zullen nieuwe ontwikkelaars werven en opleiden, terwijl ze ook mogelijke beurzen aanbieden aan ervaren bijdragers.

Een andere nieuwe locatie voor het ondersteunen van open-sourcebijdragers is de nieuwe „Sponsors“ -functie van GitHub, die vorig jaar werd aangekondigd. Individuen kunnen rechtstreeks aan ontwikkelaars doneren, met terugkerende betalingen om hun werk aan Bitcoin Core of andere projecten te ondersteunen. Bitcoindevlist.com is een website met veel individuele ontwikkelaars en hun achtergronden met links naar hun „GitHub Sponsors“ -pagina’s, of BTCPay Server-integraties voor directe betaling met bitcoin.

Al deze inspanningen samen hebben dit jaar een belangrijke stap voorwaarts gemaakt in de financiering van het belangrijke werk van Bitcoin Core-bijdragers.

Bulls har fuld kontrol over Bitcoin

16. Dezember 2020

Disse 4 faktorer viser, hvorfor Bulls har fuld kontrol over Bitcoin

Bitcoin tommer i øjeblikket højere efter at have været udsat Bitcoin Revolution for en vis svaghed i går, der fik kryptokurrencyens pris til at falde fra højdepunkter på $ 19.600 til lave på $ 19.050.

Denne spids opstod efter en konsolideringsperiode på flere dage, der gjorde det muligt for BTC at male et bullish flag på sit diagram, men salgstrykket i regionen mellem 19.000 $ mellem $ $ og tusind fik igen til at se en skarp afvisning.
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Siden er det klatret tilbage op mod denne centrale modstandsregion, og en analytiker peger på et par nøglefaktorer, der synes at antyde, at opadgående er nært forestående.

Bitcoin viser tegn på styrke som prisinddrivelse

I skrivende stund handler Bitcoin lige under 1% til sin nuværende pris på $ 19.400. Dette markerer kun et lille fald fra de daglige højder på $ 19.600, der blev sat i går aftes.

Hvor kryptovalutatendenser på mellemlang sigt i vid udstrækning skulle afhænge af dens reaktion på salgstrykket mellem $ 19.500 og $ 19.800.

Når denne region er brudt ovenover, vil alle øjne nøje holde øje med $ 20.000-breakoutet, som almindeligt forventes at udløse den næste massive rally.

Disse 4 faktorer viser, hvorfor bjørne mister kontrol over BTC

En erhvervsdrivende forklarede i en nylig tweet, at 4 primære faktorer er afgørende for en bjørne-afhandling, og ingen af ​​dem er i øjeblikket i spil for Bitcoin.

”BTC Jeg ville være baisse her, hvis: – Dette var en fejning i rent uprøvet udbud (området blev testet 4+ gange) – Finansieringen var meget positiv (det blev negativt over hele linjen) – Premium var spiking (spot going brrrrr). Så ja forventer en test på 20k temmelig snart. ”

Bitcoins reaktion på den intense modstand lige over dets nuværende prisniveauer burde skinne et lys over, hvor det vil udvikle sig på mellemlang sigt.

Bitcoin Touched $19K: Ondulação explode 25% para a nova alta de 2020 (Market Watch)

15. Dezember 2020

O limite total do mercado subiu para $530 bilhões, já que a Bitcoin ficou a menos de 5% de sua ATH, enquanto a Ripple subiu para uma nova alta em 2020

Bitcoin iniciou outra perna impressionante que resultou em um novo recorde de 35 meses, com quase 19.000 dólares. Apenas algumas porcentagens a partir de dezembro de 2017, o máximo histórico. Os altcoins também pintaram bombas de preços notáveis, incluindo um aumento de 25% para a Ripple.

A bitcoin está a menos de $1K de sua ATH

Há cerca de cinco dias, a Bitcoin estava lutando para superar decisivamente a etiqueta de preço de 16.000 dólares. Entretanto, a principal moeda criptográfica entrou em circulação desde então, o que a levou a 18.500 dólares há alguns dias. Este se tornou o preço mais alto que a BTC tinha alcançado desde janeiro de 2018.

A volatilidade do bitcoin voltou a jogar, pois o ativo testou novamente $17.400 antes de voltar acima de $18.000. A situação se acelerou ontem. A BTC estava pairando um pouco acima de $18.000 antes de os touros subirem e levou a BTC primeiramente ao preço mais alto desde dezembro de 2017, a partir de agora, a quase $19.000.

Do ponto de vista da análise técnica, antes que a BTC chegasse a um preço acima de $20.000, teria que lutar contra as linhas de resistência a $18.950, $19.400, e $19.660. A partir de agora, parece que nada pode deter a Bitcoin. Alternativamente, a BTC poderia contar com $18.500, $18.200 e $18.000 como suporte no caso de uma correção.

Tempo XRP: A Explosão de Ondas A explosão da Altcoin

As moedas alternativas têm seguido, e algumas até superaram a última evolução de preços da BTC. O ripado é o ganho mais impressionante dos altcoins de maior calibre. O XRP subiu 24% em um dia e se aproximou de $0,38 a partir da escrita destas linhas. Este é o nível de preços mais alto da XRP desde junho de 2019.

Cardano também experimentou um aumento de preço significativo de mais de 15%. Como resultado, o ADA subiu acima de US$ 0,12.

O Ethereum saltou 3% para sua nova alta de 2020 acima de US$ 515. Bitcoin Cash (6%), Binance Coin (2,5%), Chainlink (3%), Polkadot (3%) e Litecoin (2,5%) também estão no verde a partir dos 10 primeiros.

Outros ganhos de dois dígitos são evidentes do Protocolo NEAR (23%), Rede OMG (23%), Algorand (14%), Stellar (13%), Balancer (13%), NEM (12%), IOTA (12%), Moeda Crypto.com (11%), e Direitos de Reserva (10%).

Consequentemente, o limite total de mercado subiu para US$ 530 bilhões. A capitalização de mercado acumulada de todos os ativos em moeda criptográfica acrescentou US$ 160 bilhões em um mês.

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Bitcoin as influential as Facebook: “Social Network” author hits bullish BTC forecast

4. Dezember 2020

Bitcoin has revolutionary potential: it deserves its place next to gold and currencies and could be as groundbreaking as the PC or the Internet as a technology.

The author of the book „Bitcoin Billionaires“ even believes, based on his extensive experience with the social network, that the crypto currency could change the world as dramatically as Facebook.

But to what extent is there something to it – and could Bitcoin’s potential be even more far-reaching than everyone expected?

Crypto as influential as internet and pc?

There have been few assets or technologies as polarizing as Bitcoin Bank. Some believe he will save the world from itself and from ongoing problems such as wealth inequality and greed. Others call it rat poison and criticize the principle at every opportunity.

Opponents include Warren Buffett, Peter Schiff and Jamie Dimon; proponents include Twitter CEO Jack Dorsey, Cameron and Tyler Winklevoss, and some of the most brilliant young entrepreneurs today.

Marc Andreessen, venture capitalist and a key figure in the dot-com boom and growth of the internet, says Bitcoin is just as important as the internet or the personal computer before it, and like these technologies, they need time to show their true potential .

There was a time when people called email „unnecessary“ and said nothing would replace people’s daily newspapers

Another recent comparison was made by someone incredibly close to both examples, who says that the leading cryptocurrency by market cap could one day be as earth-shattering as Facebook.

The quote comes from the „Bitcoin Billionaires“ author Ben Mezrich, who can speak from experience on both topics. The book is reminiscent of the Winklevoss twins‘ first foray into crypto currency, who invested large sums in BTC early on.

Cameron and Tyler were no strangers to early technological breakthroughs and, alongside Mark Zuckerberg, pioneers in the early days of what would eventually become today’s Facebook.

Mezrich also wrote the novel The Social Experiment, which is based on this experience and formed the material for the film of the same name.

Bitcoin can, in a sense, be viewed as a financial experiment. And like Facebook before, innovation can be used to change the world – if the experiment is successful and the right believers and supporters are behind it.

Whether Facebook has changed things for better or for worse is up for debate. Bitcoin would have a lot more positive benefits, however, as it improves privacy rather than destroying it.

Bitcoin rises to a new all-time high – gold, on the other hand, is experiencing massive devaluation. Coincidence?

1. Dezember 2020

In the past four months, gold has lost $ 4 trillion in market valuation. Bitcoin, in turn, gained about $ 180 billion over the same period.

Both gold and bitcoin have benefited from the Federal Reserve’s aggressive monetary easing policies. The precious metal hit its record high of $ 2,075.82 an ounce on August 7, 2020.

But it couldn’t hold the top. A wave of profit sales hit, correcting the XAU / USD price by as much as 14.97 percent

Bitcoin, on the other hand, also saw local sell-offs, but continued to rise. On December 1, 2020, the cryptocurrency flagship hit a new record high of $ 19,873 per token (data from Coinbase). The upward trend was reminiscent of previous studies showing a lagged positive correlation between gold and bitcoin .

Bitcoin has increased more than 400 percent since March 2020. Source: BTCUSD on TradingView.com
So does this mean that Bitcoin will also suffer the same fate as gold after it hit its all-time high? Opinions on this differ.

The store of value thesis

According to JP Morgan Chase & Co., family offices are actively selling their gold-based exchange-traded funds in order to get exposure to cryptocurrencies. So far, they have sold 93 tons of precious metal valued at around $ 5 billion. At the same time, the inflow of capital into the Grayscale Bitcoin Trust has doubled.

The study makes gold and bitcoin look like competing assets. This means that investors are more likely to move their store of value from physical to digital, which would pull a good chunk of capital away from what are known as obsolete markets.

Dan Tapeiro, a macro investor who is involved in both gold and bitcoin, believes this is possible. Tapeiro:

“$ 2 trillion worth of gold has been wiped away in the past 4 months. No, not all of it went into Bitcoin, which gained $ 180 billion over the same period, but a rate of 10% would still be impressive. “

Charlie Morris, Chief Investment Officer at ByteTree Asset Management, also believes that money has flowed from the gold markets to Bitcoin. Still, he also recalls that platinum – a commodity rival – has also seen an uptrend in recent sessions, offering more than an alternative to the yellow metal.

„The gold market has been pretty hot this summer, so it’s not surprising that the price slipped back a little on the way to the end of the year,“ said Morris. „Some money went out of the gold, maybe it went into platinum because of the green movement, and obviously some of it went into bitcoin because of all this fuss.“

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