Bitcoincharts Charts

Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!

That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ???
Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth.
Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ...
.
Bitcoin Achievements so far:
  1. It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
  2. Many 1,000's of hacks, thefts, losses.
  3. Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
  4. Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
  5. Contributing significantly to Global Warming.
  6. Wastes vasts amounts of electricity on useless, do nothing work.
  7. Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
  8. It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
  9. It created a new way for people living too far from Vegas to gamble all their life savings away.
  10. Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
  11. Increased China's foreign trade balance by a couple billion dollars per year.
  12. Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
  13. Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
  14. Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
  15. Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
  16. Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
.
Correct Predictions:
  1. 2015-12: "1,000 dollar in 2015", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ (Technically, this prediction is WRONG because the highest price reached in 2015 was $495.56 according to CMC. Yes, Bitcoin reached $1,000 in 2013 and 2014, but that's NOT what the prediction says).
  2. 2017-12: "10,000 in 2017", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  3. 2018-04: $10,000 (by April 2018), Mike Novogratz, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.bloomberg.com/news/articles/2017-11-21/mike-novogratz-says-bitcoin-will-end-the-year-at-10-000
  4. 2018-12: $10,000 (by 2018), Tim Draper, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.youtube.com/watch?v=3AW5s6QkRRY
  5. Any others ? (Please tell me).
.
Bitcoin Promises / Claims / Price Predictions that turned out to be lies and bullshit:
  1. ANONYMOUS
  2. CENSORSHIP RESISTANT
  3. FRICTIONLESS
  4. TRUSTLESS
  5. UNCENSORABLE
  6. UNTRACEABLE
  7. SAFE
  8. SECURE
  9. YOU CANNOT LOSE
  10. NOT A SCAM
  11. PERMISSIONLESS
  12. GUARANTEED PRIVACY
  13. CANNOT BE SEIZED
  14. CANNOT BE CONFISCATED
  15. Be your own bank
  16. Regulation-proof
  17. NO MIDDLEMEN
  18. DECENTRALIZED
  19. Instantaneous transactions
  20. Fast transactions
  21. Zero / No transaction fees
  22. Low transaction fees
  23. A store of value
  24. A deflationary digital asset
  25. "A deflationary digital asset that no single human being can destroy."
  26. "an asset that is equally as dual use as a car, water, or any other traditional element that has existed."
  27. "Digital gold"
  28. Easy to use
  29. Cannot be stolen
  30. Cannot be hacked
  31. Can be mined by anyone
  32. Can be mined by anyone, even with an old computer or laptop
  33. Cannot be centralized
  34. Will return power back to the people.
  35. Not a Ponzi scam
  36. Not a Pyramid scam
  37. Never pay tax again
  38. Your gains cannot be taxed
  39. A currency
  40. An amazing new class of asset
  41. An asset
  42. A means to economic freedom
  43. A store of value
  44. The best investment the word has ever seen
  45. A great investment
  46. Efficient
  47. Scalable
  48. Stable
  49. Resilient
  50. Reliable
  51. Low energy
  52. Low risk
  53. Redistribute wealth to everybody
  54. No more have's and have not's
  55. No more US and THEM
  56. No more disadvantaged people
  57. No more RICH and POOR
  58. No more poor people
  59. Uses amazing new technology
  60. Uses ingenious new technology
  61. Satishi Nakamoto invented ...
  62. Segwit will solve all of Bitcoin's woes
  63. Lightning Network will solve all of Bitcoin's woes
  64. Limited by scarcity
  65. Can only go up in value
  66. Price cannot crash
  67. Has intrinsic value
  68. Value will always be worth more than cost to mine
  69. Adoption by investors is increasing exponentially
  70. Adoption by investors is increasing
  71. Adoption by merchants is increasing exponentially
  72. Adoption by merchants is increasing
  73. You are secure if you keep your coins on an exchange
  74. You are secure if you keep your coins in a hardware wallet
  75. You are secure if you keep your coins in an air-gapped Linux PC
  76. Will change the world
  77. "the next phase in human evolution"
  78. "Blockchain is more encompassing than the internet"
  79. Blockchain can solve previously unsolvable problems.
  80. "The only regulation we need is the blockchain"
  81. "Bank the unbanked"
  82. "To abolish financial slavery and the state's toxic monopoly on money."
  83. "To have better tools in the fight against the state violence and taxation."
  84. "To stamp information on a blockchain forever so we can bypass state censorship, copyrights, patents(informational monopolies) etc."
  85. Will destroy / overthrow FIAT
  86. Will destroy / overthrow the world's governments
  87. Will destroy / overthrow the banking system
  88. Will destroy / overthrow the world economies
  89. Will free people from tyranny
  90. Will give people financial freedom
  91. Will bring world peace
  92. Never going below $19K again
  93. Never going below $18K again
  94. Never going below $17K again
  95. Never going below $16K again
  96. Never going below $15K again
  97. Never going below $14K again
  98. Never going below $13K again
  99. Never going below $12K again
  100. Never going below $11K again
  101. Never going below $10K again
  102. Never going below $9K again
  103. Never going below $8K again
  104. Never going below $7K again
  105. Never going below $6K again
  106. Never going below $5K again
  107. Never going below $4K again
  108. Is NOT a Scam
  109. Hashing Power secures the Bitcoin network
  110. Untraceable, private transactions
  111. Guaranteed privacy
  112. Not created out of thin air
  113. Not created out of thin air by unregulated, unbacked entities
  114. Totally NOT a scam
  115. Is not used primarily by crimonals, drug dealers, or money launderers.
  116. 100% secure
  117. 2010 will be the "Year of Crypto"
  118. 2011 will be the "Year of Crypto"
  119. 2012 will be the "Year of Crypto"
  120. 2013 will be the "Year of Crypto"
  121. 2014 will be the "Year of Crypto"
  122. 2015 will be the "Year of Crypto"
  123. 2016 will be the "Year of Crypto"
  124. 2017 will be the "Year of Crypto"
  125. 2018 will be the "Year of Crypto"
  126. 2019 will be the "Year of Crypto"
  127. 2010: MASS ADOPTION any day now"
  128. 2011: MASS ADOPTION aany day now"
  129. 2012: MASS ADOPTION aaany day now"
  130. 2013: MASS ADOPTION aaaany day now"
  131. 2014: MASS ADOPTION aaaaany day now"
  132. 2015: MASS ADOPTION aaaaaany day now"
  133. 2016: MASS ADOPTION aaaaaaany day now"
  134. 2017: MASS ADOPTION aaaaaaaany day now"
  135. 2018: MASS ADOPTION aaaaaaaaany day now"
  136. 2019: MASS ADOPTION aaaaaaaaany day now"
  137. "Financial Freedom, bro."
  138. no single entity, government or individual, can alter or reverse its transactions
  139. insurance against the tyranny of state
  140. Bitcoin has come to destroy all governments and bring about the libertarian utopia of my dreams.
  141. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 2+ years.
  142. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 5+ years.
  143. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 7+ years.
  144. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 9+ years.
  145. 1,000's of predictions of skyrocketing and/or never falling prices
  146. Escape the petty rivalries of warring powers and nation states by scattering control among the many. The Bitcoin Cash debacle proves that even the most cryptographically secure plans of mice and men often go awry. Ref: https://www.reddit.com/Buttcoin/comments/9zfhb6/like_theres_only_one_flaw_with_buttcoin_crash/ea8s11m
  147. People will NEVER be able to welch out of bets or deals again. Nov-2018, Ref: https://www.reddit.com/Buttcoin/comments/9zvpl2/the_guy_who_made_the_1000_bet_that_btc_wouldnt/
  148. "Everything will be better, faster, and cheaper.", Brock Pierce, EOS.io shill video.
  149. "Everything will be more connected.", Brock Pierce, EOS.io shill video.
  150. "Everything will be more trustworthy.", Brock Pierce, EOS.io shill video.
  151. "Everything will be more secure.", Brock Pierce, EOS.io shill video.
  152. "Everything that exists is no-longer going to exist in the way that it does today.", Brock Pierce, EOS.io shill video.
  153. "Everything in this world is about to get better.", Brock Pierce, EOS.io shill video.
  154. You are a slave to the bankers
  155. The bankers print money and then you pay for it
  156. Bitcoin is The Peoples Money
  157. Bitcoin will set you free
  158. Bitcoin will set you free from the slavery of the banks and the government Ref: https://www.reddit.com/Bitcoin/comments/cd2q94/bitcoin_shall_set_you_free/
  159. ~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  160. "When transactions are verified on a Blockchain, banks become obsolete.", Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  161. SnapshillBot quotes from delusional morons:
  162. "A bitcoin miner in every device and in every hand."
  163. "All the indicators are pointing to a huge year and bigger than anything we have seen before."
  164. "Bitcoin is communism and democracy working hand in hand."
  165. "Bitcoin is freedom, and we will soon be free."
  166. "Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
  167. "Bitcoin most disruptive technology of last 500 years"
  168. "Bitcoin: So easy, your grandma can use it!"
  169. "Creating a 4th Branch of Government - Bitcoin"
  170. "Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
  171. "Future us will thank us."
  172. "Give Bitcoin two years"
  173. "HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
  174. "Cut out the middleman"
  175. "full control of your own assets"
  176. "reduction in wealth gap"
  177. "no inflation"
  178. "cannot print money out of thin air"
  179. "Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
  180. "If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
  181. "Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
  182. "NO COINERS will believe anything they are fed by fake news and paid media."
  183. "I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
  184. "I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
  185. "I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
  186. "I think Bitcoin will do for mankind what the sun did for life on earth."
  187. "I think the constant scams and illegal activities only show the viability of bitcoin."
  188. "I think we're sitting on the verge of exponential interest in the currency."
  189. "I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
  190. "If Jesus ever comes back you know he's gonna be using Bitcoin"
  191. "If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
  192. "If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
  193. "In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
  194. "In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
  195. "Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
  196. "It won't be long until bitcoin is an everyday household term."
  197. "It's the USD that is volatile. Bitcoin is the real neutral currency."
  198. "Just like the early Internet!"
  199. "Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
  200. "Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
  201. "let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
  202. "My conclusion is that I see this a a very good thing for bitcoin and for users"
  203. "No one would do such a thing; it'd be against their self interests."
  204. "Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
  205. "Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
  206. "Seperation of money and state -> states become obsolete -> world peace."
  207. "Some striking similarities between Bitcoin and God"
  208. "THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
  209. "The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
  210. "The bull run should begin any day now."
  211. "The free market doesn't permit fraud and theft."
  212. "The free market will clear away the bad actors."
  213. "The only regulation we need is the blockchain."
  214. "We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
  215. "We do not need the bankers for Satoshi is our saviour!"
  216. "We have never seen something so perfect"
  217. "We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
  218. "We verified that against the blockchain."
  219. "we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
  220. "Well, since 2006, there has been a infinite% increase in price, so..."
  221. "What doesn't kill cryptocurrency makes it stronger."
  222. "When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
  223. "When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
  224. "Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
  225. "Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
  226. "You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
  227. "You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
  228. "Your phone or refrigerator might be on the blockchain one day."
  229. The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
  230. Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
  231. It's impossible to hide illegal, unsavory material on the blockchain
  232. It's impossible to hide child pornography on the blockchain
  233. Fungible
  234. All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
  235. The price of Bitcoin can only go up.
  236. "Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  237. Scarcity
  238. The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
  239. immune to government regulation
  240. "a world-changing technology"
  241. "a long-term store of value, like gold or silver"
  242. "To Complex to Be Audited."
  243. "Old Auditing rules do not apply to Blockchain."
  244. "Old Auditing rules do not apply to Cryptocurrency."
  245. "Why Bitcoin has Value: SCARCITY.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  246. "Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  247. "Surely this digital scarcity has value.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  248. Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  249. "May 2018 will be the last time we ever see $bitcoin under $10,000", Charlie Shrem, bitcoin advocate and convicted felon, 11:31 AM 3-May-2018, https://twitter.com/CharlieShrem/status/992109375555858433
  250. "Last dip ever.", AngeloBTC, 14 Oct 2018, https://mobile.twitter.com/AngeloBTC/status/1051710824388030464/photo/1
  251. "Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally", Joseph Young, coin shill, October 15, 2018 22:30 CET, https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
  252. Bitcoin would be a buy if the price fell under $5,000., Mohamed El-Erian, chief economic advisor at Allianz, 29-Jun-2018, https://www.ccn.com/bitcoin-a-buy-below-5000-says-allianz-chief-economic-adviso
  253. 2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  254. 2018-02: Bitcoin price to hit $27,000 by February 2018, Trace Mayer, host of the Bitcoin Knowledge Podcast, and self-proclaimed entrepreneur, investor, journalist, monetary scientist and ardent defender, Link #1: https://mobile.twitter.com/TraceMayestatus/917260836070154240/photo/1, Link #2: https://www.bitcoinprice.com/predictions/
  255. 2018-06: "Bitcoin will surpass $15,000 in June [2018]." John McAfee, May 25, 2018, https://bitcoinist.com/john-mcafee-says-bitcoin-will-surpass-15000-in-june/
  256. 2018-07: Bitcoin will be $28,000 by mid-2018, Ronnie Moas, Wall Street analyst and founder of Standpoint Research, http://helpfordream.com/2018/12/23/5-bitcoin-price-predictions-gone-wrong/.
  257. 2018-12: Bitcoin to reach a price of between 40,000 and 110,000 US dollars by the end of the 2017 bull run ... sometime before 2019, Masterluc, 26-May-2017, an anonymous "legendary" Bitcoin trader, Link #1: https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/, Link #2: https://www.bitcoinprice.com/predictions/
  258. 2018-12: "There is no reason why we couldn’t see Bitcoin pushing $50,000 by December [2018]", Thomas Glucksmann, head of APAC business at Gatecoin, Link #1: https://www.bitcoinprice.com/predictions/
  259. 2018-12: Listen up you giggling cunts... who wants some?...you? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at 30 grand or more by next Christmas [2018] - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully" u/10GDeathBoner, 3-Feb-2018 https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/
  260. 2018-12: 1 bitcoin = 1 Lambo. Remind me on Christmas eve [2018] u/10GDeathBoner, 3-Feb-2018, https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/dtn2pna
  261. 2018-12: Been in BTC since 2014 and experienced many "deaths" of BTC... this too shall pass... $10k end of the year. [2018] u/Exxe2502, 30-Jun-2018 https://reddit.com/Bitcoin/comments/8uur27/_/e1ioi5b/?context=1
  262. 2018-12: "Yale Alumni prediction - 30 Grand by Christmas [2018] - and you my friend... you will be the one eating Mcafee's dick in 2020. :) -:", u/SirNakamoto, 15-Jun-2018, https://www.reddit.com/Buttcoin/comments/8r0tyh/fdic_agrees_to_cover_bitcoin_losses_in_event_of/e0nzxq7
  263. 2018-12: "Impossible For Bitcoin Not to Hit $10,000 by This Year (2018)", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 22-Sep-2018, https://www.newsbtc.com/2018/09/22/billionaire-novogratz-impossible-for-bitcoin-not-to-hit-10000-by-this-yea
  264. 2018-12: "[Bitcoin] between $13,800 and $14,800 [by end of 2018]", Fundstrat's Tom Lee, 13-Dec-2018, https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html
  265. 2018-12: "Bitcoin is going to be $15k-$20k by the end of the year (2018)", Didi Taihuttu, 1-Nov-2018, https://www.wsj.com/video/series/moving-upstream/the-bitcoin-gamble/85E3A4A7-C777-4827-9A3F-B387F2AB7654
  266. 2018-12: 2018 bitcoin price prediction reduced to $15,000 [was $25,000], Fundstrat's Tom Lee, 16-Nov-2018, https://www.cnbc.com/2018/11/16/wall-streets-crypto-bull-tom-lee-slashes-year-end-forecast-by-10000.html
  267. 2018-12: "I want to be clear, bitcoin is going to $25,000 by year end (2018)", Fundstrat's Tom Lee, 5-Jul-2018, https://www.cnbc.com/video/2018/07/05/tom-lee-i-want-to-be-clear-bitcoin-is-going-to-25000-by-year-end.html
  268. 2018-12: "Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
  269. 2018-12: "Bitcoin will be priced around $50,000 by the end of the year (2018)", Bitcoin bull Arthur Hayes, co-founder and CEO of BitMEX, 29-Jun-2018, https://www.cnbc.com/2018/06/29/bitcoin-will-reach-50000-in-2018-says-founder-of-bitcoin-exchange.html
  270. 2018-12: "Bitcoin could definitely see $50,000 in 2018", Jeet Singh, cryptocurrency portfolio manager, speaking in January 2018 at the World Economic Forum in Davos, https://www.dcforecasts.com/new-prediction-says-bitcoin-hit-50000-2018/
  271. 2018-12: "Bitcoin will hit $100,000 this year (2018)", Kay Van-Petersen, an analyst at Saxo Bank, 17-Jan-2018, https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html
  272. 2018-12: "Bitcoin price to surpass the $100,000 mark by the end of 2018", Tone Vays, 21-Sep-2017, https://www.ccn.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
  273. 2018-12: "Bitcoin’s Price Will Surpass the $100,000 Mark by the End of 2018", Anonymous ("author" obviously too embarrassed to put his name to such bullshit "articles"), Oct-2018, https://investingpr.com/bitcoin-price-predictions-for-2018/
  274. 2018-12: "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  275. 2018-12: "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  276. 2018-12: Bitcoin will end 2018 at the price point of $50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,https://www.bitcoinprice.com/predictions/
  277. Plus a whole host of wrong 2019 predictions (could not be included here because of post character limit issues), so please see my earlier post from 4 days ago: Ummm, remember those "Expert" Bitcoin Price Predictions for 2019 ..... ohhhhh dear ....., https://www.reddit.com/Buttcoin/comments/eiqhq3/ummm_remember_those_expert_bitcoin_price/
.
But it's NOT all bad news, some claims and promises are yet to be determined:
  1. Never going below $3K again
  2. Never going below $2K again
  3. Never going below $1K again
  4. Any others ? Please let me know.
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

In the Shade of Afternoon | Monthly FI Portfolio Update – August 2019

It is idle, having planted an acorn in the morning, to expect that afternoon to sit in the shade of the oak.
Antoine de Saint-Exupéry, Wind, Sand and Stars
This is my thirty-third portfolio update. I complete this update monthly to check my progress against my goals.
Portfolio goals
My objectives are to reach a portfolio of:
Both of these are based on an expected average real return of 4.19%, or a nominal return of 7.19%, and are expressed in 2018 dollars.
Portfolio summary
Vanguard Lifestrategy High Growth Fund – $750 246 Vanguard Lifestrategy Growth Fund – $43 194 Vanguard Lifestrategy Balanced Fund – $79 500 Vanguard Diversified Bonds Fund – $110 418 Vanguard Australian Shares ETF (VAS) – $102 977 Vanguard International Shares ETF (VGS) – $20 184 Betashares Australia 200 ETF (A200) – $258 984 Telstra shares (TLS) – $1 982 Insurance Australia Group shares (IAG) – $14 056 NIB Holdings shares (NHF) – $8 868 Gold ETF (GOLD.ASX) – $104 149 Secured physical gold – $16 759 Ratesetter* (P2P lending) – $19 968 Bitcoin – $158 330 Raiz* app (Aggressive portfolio) – $16 223 Spaceship Voyager* app (Index portfolio) – $2 104 BrickX (P2P rental real estate) – $4 395 Total value: $1 712 337 (-$2 653)
Asset allocation
Australian shares – 40.5% (4.5% under) Global shares – 22.2% Emerging markets shares – 2.4% International small companies – 3.1% Total international shares – 27.7% (2.3% under) Total shares – 68.3% (6.7% under) Total property securities – 0.3% (0.3% over) Australian bonds – 5.1% International bonds – 10.1% Total bonds – 15.1% (0.1% over) Gold – 7.1% Bitcoin – 9.2% Gold and alternatives – 16.3% (6.3% over)
Presented visually, below is a high-level view of the current asset allocation of the portfolio.
[Chart]
Comments
The portfolio experienced a small decline this month, with an overall decrease of $2 600. This movement comes after a strong period of expansion through the first half of the year in the value of the portfolio.
[Chart]
As with last month, the fall occurs despite some significant new investments being made, meaning the absolute size of the decline is somewhat obscured. Renewed concerns about global trade and a relative weakening in the outlook for future earnings played a significant role in the overall movement of the portfolio.
[Chart]
Once again movements this month within the portfolio have been relatively limited in terms of the size of the portfolio.
Equity holdings have declined by around $28 000 when contributions are accounted for, whilst appreciation in the price of gold has offset just over a third of that loss. In fact, despite no recent purchases, the gold component of the portfolio is currently at the highest nominal value it has ever held.
On the topic of gold, this 2013 paper (pdf) provides a comprehensive and skeptical empirical analysis of the range of claims made to support holding gold, including tracing the real gold value of average soldiers pay across 2000 years.
This month has seen a continuing 'averaging in' of the capital from July distributions. These have been directed to purchases of Vanguard's Australian shares ETF (VAS). This is to bring the allocation closer to my original targets - with my Australian shares allocation currently further underweight than the international shares allocation. Psychologically, a weakening Australian dollar has also made purchasing unhedged international shares more problematic.
Risk, volatility, markets and economies
There has been significant market volatility this month, and discussion around the future of Australian and global growth in the midst of trade tensions between US and China.
In such times, something to remember as this St Louis Federal Reserve piece points out, is that the economy and sharemarket are not the same thing. This means that bad (or good) news for one, does not necessarily imply anything about the other. Missing this has the potential to lead to overconfident investment actions predicated on assumptions of future national economic trends (which will themselves most likely be priced into equity markets well before any retail investor reading the news arrives).
The volatility in equity markets has brought out many well-intentioned injunctions to remain calm and fixed on the objective of contributing capital with a long-term view in mind.
At times, however, this wise advice can shade into a form of near complacency - for example, for people to invest confident in the knowledge that long-term returns are (almost) guaranteed. No doubt this is generally good advice, directed at easing particularly new investors' concerns about investing at the "wrong" time, and reducing the potential damage from selling into falling markets due to panic.
Even as I continue to invest amidst volatility, it is important to reflect on Elroy Dimson's definition that 'risk means more things can happen than will happen', and to consider that the history of equity markets available to us provides only a basis for sound conclusions around what has happened, not what could happen. This is the definition of the risk assumed in markets by investors.
None of this is to suggest that starting, saving and regular investing with a view to one's individual risk tolerances are not the most important steps in the path to FI. There is a need to pause, however, and acknowledge that at times common financial independence investment precepts bear a disconcerting passing resemblance to the declaration and mathematical proof offered by famous stock promoter Jacob J Raskob in the well-known Ladies Home Journal (pdf) article exactly 90 years ago. This declaration was that with a steady investment in equities, based on the past patterns of returns, 'everybody ought to be rich'.
Nearly 90 years happened to be just before the Great Depression devastated equity markets and employment prospects alike, and US equity investors were behind in nominal terms for around 25 years. Interestingly, however, this New York Times article argues that deflation, higher dividend yields and impacts from changes in the Dow index composition could theoretically have shortened the real losses of any investor to just 4.5 years, provided they possessed the resources and fortitude to hold on to average stocks.
Progress
Progress against the objectives, and the additional measures I have reached is set out below.
Measure Portfolio All Assets Objective #1 – $1 598 000 (or $67 000 pa) 107.1% 145.4% Objective #2 – $1 980 000 (or $83 000 pa) 86.5% 117.4% Credit card purchases - $73 000 pa 98.3% 133.4% Total expenses - $89 000 pa 80.7% 109.4%
Summary
Progress against my goals and benchmarks has been static this month, with the exception of the 'total expenditure' benchmark. My detailed review of expenditure last month identified that I could lower this to recognise some double-counting of fixed expenses, and this has meant a leap forward in progress in that aim of 5.8 per cent. This moves the clock forward appreciably for achieving that benchmark.
As a general rule, it is always later than we think. For example, on a recent lunch time walk it occurred to me that if my progress to my current FI target of $1.98 million is considered in terms of the length of an ordinary working day, it is currently approximately 3.50pm in the afternoon. Quite late, and just over an hour until heading home.
This perspective, of being further towards the tail end than expected, is explored fully and powerfully in the blog Wait but Why here. It helps frame the remaining journey. Viewed in this way, wishing time away seems less useful and fitting than seeking to fill the remaining time with as much meaning, learning, knowledge transmission and patience as feasible. Yet it also explains why in a FI context at this stage sharp changes in investing approach, or commencing new 'side hustles' have limited appeal.
Despite it being late afternoon from this one perspective, there are a couple of other considerations or viewpoints. One is the potentially deceptive role of compounding later in the journey, which means that - at least in a stylised world of 'smooth returns' - the end goal is actually likely closer than any purely linear measure would suggest.
The other counterpoint to this is that while in my case the absolute journey to FI has involved serious investments over around 18 years, this is not the whole story. Viewed in terms of the average 'age' of dollars actually contributed or invested, the journey of the average dollar in the portfolio has been shorter.
In fact, in terms of dollars contributed, around 50 per cent have been contributed since January 2016. So, in some ways, it is more akin to mid-morning for the portfolio as a whole, meaning perhaps that I should not reasonably expect to shade myself under the oak tree just yet.
Finally, this month also saw Pat the Shuffler emerge from a short hiatus and provide a honest and well-argued insight into his rethink on investment options between LICs and ETFs. I also enjoyed reading the start of another Australian FI voice at Fire for One.
The past few months has also had many interesting podcasts related to FI - from The Escape Artists' Chris Reining on Equity Mates, to a really fascinating practical ChooseFI episode on David Sawyer's on the UK Path to FI. On the slightly more technical and future focused side of finance, the outgoing address of the Bank of England's Governor to the Jackson Hole central bankers gathering provides much food for thought on current and longer term monetary and currency issues, particularly as global bond rates continue to cross the 'zero-bound' into uncharted territory.
The post and full charts can be seen here.
submitted by thefiexpl to fiaustralia [link] [comments]

For Trading Jan 22

For Trading January 22nd
CORONA VIRUS SPOOKS MARKET, AIRLINES, HOTELS, AND GAMING STOCKS
BA BITES THE BULLET ON MAX
TSLA CROSSES $550 ON NEW STREET TARGET OF $800
Join Us Every Day, Link Below
Today’s market started off lower and by 11:00 we had made the early low -113 before a rally that took us back to down just 7 before we worked sideways until about 1:30 when the news broke that BA had again pushed out the return of the MAX to June or July and the market fell to the new and final low of the day -202. After a brief rally back to -100 we finally finished -152.06 (.52%), NASDAQ -18.13 (.19%), S&P 500 -8.83 (.27%) the Russell -13.74 (.81%) and the big loser, the DJ Transports -203.11 (1.80%) on the Corona virus news. The A/D was pretty much the same for both NYSE and NAZ at 1.5:1 down, and the DJIA was 17 down, 13 up with the big loser BA -73, GS -25, AAPL -15, CVX -15 and CAT & MM -13DP’s each. The only double-digit gainers were V +18 and UNH +15DPs. IBM was +.86 at the close, but reported and actually beat for the first time in 5 quarters and is currently up $6.68 in real terms, so that will add to the DJIA in the morning.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: We started the day with the weekend news that a new Coronavirus has been identified in China and that there were 6 dead and at least several hundred sick. Later in the day that number increased, including at least 1 case in the U.S. in Washington state. The reaction was swift in several industries that cater to travel, including airlines, hotels, gambling, and booking services. In the gaming sector the most exposed to Macao were the worst hit with MLCO which has just recovered from $18.84 to close $25.02 gapped down and finished $22.62 -2.40 (9.59%). WYNN was 142.31 -9.31 (6.4%), LVS 70.07 -$4.00 (5.4%) and MGM $32.39 -2.15 (6.22%). Hotels were led lower with MAR $144.37 -5.89 (3.92, and Carnival Cruise (CCL) $50.69 -1.21 (2.33%). On the booking side, BKNG was as low as $1963 managed a close of $1990.57-64.12 (3.12%) and TRIP 30.49 -.44 (1.42%).
BYND was higher all day with the statement from SBUX wants to expand its “plant-based” offerings. It finished $129.18 +20.06 (18.3%). BA actually opened up this morning but around 2:00 it was slightly lower and the word got out (later confirmed) that the MAX isn’t expected to be back until the summer. The stock was actually halted (news pending) and it had fallen to a low of $305.75 before both a rally to back to 322 and another slide to close $311.64 -12.51 (3.66%).
On the earnings front we had mixed results from NFLX and after a slight gain on the headline of a beat in revenues it fell to -11, then rallied to $352 and is last $346.13 +6.46 (1.9%). IBM broke its 5 consecutive down revenues quarters and had a slight beat on net rallied as high as $144.30 and is last $144.10 +5.79 (4.19%).
And, lastly, early morning news of the FDA fast-tracking Nanoflu for Novavax (NVAX) sent that one up from its close of $5.74 to trade as high as $9.99 and it settled at $9.82 +4.08 (71%), but:
The HOMERUN OF THE DAY WAS GENPREX (GNPX), who also got a fast track for its treatment for lung cancer, and closed Friday at $ .36, traded as high as $1.74 before giving back a bit but still managing $1.15 +.79 (219%). How many stocks can you recall that finished 40%below its high still up over 200%?
BIOPHARMA: was LOWER with BIIB +1.69, ABBV -.08, REGN -21.94 (5.68%) even though they are one of the leaders in the development of a vaccine for the above mentioned virus, ISRG +1.62, MYL +.04, TEVA -.16 (I’m looking to get back into that one), VRTX -1.84, BHC -.52, INCY _1.85, ICPT -5.37 (5.06%), LABU -2.62 and IBB $120.72 -1.16 (.96%).
CANNABIS: stocks were LOWER with TLRY +.18, CGC -.65, CRON -.35, GWPH +1.68, ACB -.12, PYX -.36, APHA +.12, NBEV -.08, ACRGF -.39, CURLF +.43, KERN -.74 and MJ $18.30 -.45 (2.4%).
DEFENSE: was MIXED with LMT -.56, RTN -2.35, GD +.91, TXT -.62, UTX -.30, NOC -1.84, BWXT -.86, TDY +11.12, and ITA $229.55 -2.66 (1.15%).
RETAIL was LOWER with M -.58, JWN -.65, KSS -.99, DDS +.14, JCP -.04 (5.18%), WMT +.64, TGT -2.75, TJX -.29, RL -3.09, UAA -.36, LULU +.97, TPR -.57, CPRI -.12, and XRT $45.64 -.24 (.52%).
FAANG and Big Cap: were MIXED with GOOGL +2.48, AMZN +27.38, AAPL -1.40, FB -.48, NFLX +5.53, NVDA -1.13, TSLA +43.90 (8.6%), BABA -4.87, BIDU -2.61, IBM (see above), BA -12.47, CAT -1.94 and XLK $97.35 +.23 (.24%).
FINANCIALS were LOWER with the slip in interest rates and GS -3.51, JPM -1.20, BAC -.42, MS -1.51, C -1.14, PNC -2.55, AIG -1.23, TRV +.22, AXP -1.32, and XLF $30.77 -.26 (.84%).
OIL, $58.38 -.20. Today’s action was a catch-up day from the holiday and a fairly big range day. We managed a test of both $58 and $60 and finished barely changed. I think this market is in a “no-man’s land” until we break one-way or the other. The stocks were LOWER with the market and XLE $58.11 -1.06 (1.79%).
METALS, GOLD: $1,557.90 -2.40 after breaking out “of the box” earlier last week, and the Iran news, we traded as high as $1,613 before turning down. I bought the GLD calls after we traded down to my area of support around $1,545 and after the small consolidation started higher today. We bought the GLD 2/149 calls @ $1.10 today.
BITCOIN: closed $8,750 -175. We broke to the downside today and managed a close well off the low 8,515. I now expect a test of $9,200 to $9,500. We own 750 GBTC with an average of $8.99. GBTC closed $9.72 -.35 today.
Tomorrow is another day.
CAM
submitted by Dashover to optionstrading [link] [comments]

For Trading Jan 22

For Trading January 22nd
CORONA VIRUS SPOOKS MARKET, AIRLINES, HOTELS, AND GAMING STOCKS
BA BITES THE BULLET ON MAX
TSLA CROSSES $550 ON NEW STREET TARGET OF $800
Join Us Every Day, Link Below
Today’s market started off lower and by 11:00 we had made the early low -113 before a rally that took us back to down just 7 before we worked sideways until about 1:30 when the news broke that BA had again pushed out the return of the MAX to June or July and the market fell to the new and final low of the day -202. After a brief rally back to -100 we finally finished -152.06 (.52%), NASDAQ -18.13 (.19%), S&P 500 -8.83 (.27%) the Russell -13.74 (.81%) and the big loser, the DJ Transports -203.11 (1.80%) on the Corona virus news. The A/D was pretty much the same for both NYSE and NAZ at 1.5:1 down, and the DJIA was 17 down, 13 up with the big loser BA -73, GS -25, AAPL -15, CVX -15 and CAT & MM -13DP’s each. The only double-digit gainers were V +18 and UNH +15DPs. IBM was +.86 at the close, but reported and actually beat for the first time in 5 quarters and is currently up $6.68 in real terms, so that will add to the DJIA in the morning.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: We started the day with the weekend news that a new Coronavirus has been identified in China and that there were 6 dead and at least several hundred sick. Later in the day that number increased, including at least 1 case in the U.S. in Washington state. The reaction was swift in several industries that cater to travel, including airlines, hotels, gambling, and booking services. In the gaming sector the most exposed to Macao were the worst hit with MLCO which has just recovered from $18.84 to close $25.02 gapped down and finished $22.62 -2.40 (9.59%). WYNN was 142.31 -9.31 (6.4%), LVS 70.07 -$4.00 (5.4%) and MGM $32.39 -2.15 (6.22%). Hotels were led lower with MAR $144.37 -5.89 (3.92, and Carnival Cruise (CCL) $50.69 -1.21 (2.33%). On the booking side, BKNG was as low as $1963 managed a close of $1990.57-64.12 (3.12%) and TRIP 30.49 -.44 (1.42%).
BYND was higher all day with the statement from SBUX wants to expand its “plant-based” offerings. It finished $129.18 +20.06 (18.3%). BA actually opened up this morning but around 2:00 it was slightly lower and the word got out (later confirmed) that the MAX isn’t expected to be back until the summer. The stock was actually halted (news pending) and it had fallen to a low of $305.75 before both a rally to back to 322 and another slide to close $311.64 -12.51 (3.66%).
On the earnings front we had mixed results from NFLX and after a slight gain on the headline of a beat in revenues it fell to -11, then rallied to $352 and is last $346.13 +6.46 (1.9%). IBM broke its 5 consecutive down revenues quarters and had a slight beat on net rallied as high as $144.30 and is last $144.10 +5.79 (4.19%).
And, lastly, early morning news of the FDA fast-tracking Nanoflu for Novavax (NVAX) sent that one up from its close of $5.74 to trade as high as $9.99 and it settled at $9.82 +4.08 (71%), but:
The HOMERUN OF THE DAY WAS GENPREX (GNPX), who also got a fast track for its treatment for lung cancer, and closed Friday at $ .36, traded as high as $1.74 before giving back a bit but still managing $1.15 +.79 (219%). How many stocks can you recall that finished 40%below its high still up over 200%?
BIOPHARMA: was LOWER with BIIB +1.69, ABBV -.08, REGN -21.94 (5.68%) even though they are one of the leaders in the development of a vaccine for the above mentioned virus, ISRG +1.62, MYL +.04, TEVA -.16 (I’m looking to get back into that one), VRTX -1.84, BHC -.52, INCY _1.85, ICPT -5.37 (5.06%), LABU -2.62 and IBB $120.72 -1.16 (.96%).
CANNABIS: stocks were LOWER with TLRY +.18, CGC -.65, CRON -.35, GWPH +1.68, ACB -.12, PYX -.36, APHA +.12, NBEV -.08, ACRGF -.39, CURLF +.43, KERN -.74 and MJ $18.30 -.45 (2.4%).
DEFENSE: was MIXED with LMT -.56, RTN -2.35, GD +.91, TXT -.62, UTX -.30, NOC -1.84, BWXT -.86, TDY +11.12, and ITA $229.55 -2.66 (1.15%).
RETAIL was LOWER with M -.58, JWN -.65, KSS -.99, DDS +.14, JCP -.04 (5.18%), WMT +.64, TGT -2.75, TJX -.29, RL -3.09, UAA -.36, LULU +.97, TPR -.57, CPRI -.12, and XRT $45.64 -.24 (.52%).
FAANG and Big Cap: were MIXED with GOOGL +2.48, AMZN +27.38, AAPL -1.40, FB -.48, NFLX +5.53, NVDA -1.13, TSLA +43.90 (8.6%), BABA -4.87, BIDU -2.61, IBM (see above), BA -12.47, CAT -1.94 and XLK $97.35 +.23 (.24%).
FINANCIALS were LOWER with the slip in interest rates and GS -3.51, JPM -1.20, BAC -.42, MS -1.51, C -1.14, PNC -2.55, AIG -1.23, TRV +.22, AXP -1.32, and XLF $30.77 -.26 (.84%).
OIL, $58.38 -.20. Today’s action was a catch-up day from the holiday and a fairly big range day. We managed a test of both $58 and $60 and finished barely changed. I think this market is in a “no-man’s land” until we break one-way or the other. The stocks were LOWER with the market and XLE $58.11 -1.06 (1.79%).
METALS, GOLD: $1,557.90 -2.40 after breaking out “of the box” earlier last week, and the Iran news, we traded as high as $1,613 before turning down. I bought the GLD calls after we traded down to my area of support around $1,545 and after the small consolidation started higher today. We bought the GLD 2/149 calls @ $1.10 today.
BITCOIN: closed $8,750 -175. We broke to the downside today and managed a close well off the low 8,515. I now expect a test of $9,200 to $9,500. We own 750 GBTC with an average of $8.99. GBTC closed $9.72 -.35 today.
Tomorrow is another day.
CAM
submitted by Dashover to swingtrading [link] [comments]

For Trading Jan 9

For Trading January 9th
DJIA Reverses 800 Off Lows Finishes +161
Bonds, Oil & Gold Lower TSLA Closes in on $500
Join Us Every Day, Link Below
Today’s market started off lower by just 60 after last night’s decline on the Iran bombing of al-Asad base in Iraq but within minutes we were unchanged and higher. The lows overnight in the DJIA were 28,084 but we were never below 28,522 today. There were similar moves in all of the futures with Oil exploding up to $65.65 (finished 59.61), Gold to $1,613 (1,560), S&P 3181 (3250), DJ (28,770), NAZ 8678 (8944), Bonds 159-19 (156-12). These moves are amazing in size. The only time I’ve ever seen this kind of reversal overnight was Election night 2016. So, the closes were DJIA +161.41 (.56%), NASDAQ +60.66 (.67%), S&P 500 +15.87 (.49%), the Russell +5.29 (.32%) and the Transports +96.08 (.88%). The NAZ and S&P made new all-time highs. Market internals were 3:2 on NYSE and 1.3:1 NAZ. DJIA was 21:9 with the biggest losers, BA -40, WBA -24DPs, BA on the crash in Iran and WBA on earnings.
So, my opinion on what happened last night: I was impressed by the restraint of the “Tweeter-in Chief” and was somewhat pleasantly surprised. Not sure I could have done the same. My assumption is that China (his only possible success) caused the restraint, since they absolutely support Iran. But after thinking about it all day, and this is where being an OLD guy pays off, I recalled the nuclear proliferation of the 50’s and 60’s and the doctrine called “MAD,” mutually assured destruction. And it occurred to me that that doctrine may have gone through changes over the years, but it seems that with all of the posturing, that no one actually wants the kind of war that we would have on the escalation with a state that has nothing to lose. There are no wars like WW1 or WW2, or Korea or Viet Nam. We’re not landing 150,000 young men on the shores of the Arabian Sea (as in Normandy), the technology of war having changed so dramatically. One other minor comment based on history, wars are both highly inflationary and the stock market loves them. (Good thing nobody told Trump). During WW1 and WW2, the DJIA rose 152%. We had up markets during Korea and both Bush Gulf/Iraq wars. We’re still in Afghanistan, but the market has under 9,200 in October 2001 when that mess started. Just the facts…
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: Today’s market was clearly governed by the Iran news, but there were still earnings related issues. Walgreen (WBA) was the problem with softness in both the RX and front of the store sales. Volumes grew a paltry 1.8% and while the company said they stand by full year guidance, the stock finished $55.83 -3.46 (5.84%). There are rumors that KKR is interested in a deal, but no word from either company. The BA news was about the crash of a Ukrainian Air 737 in Tehran. While there is no information regarding any manufacturing issue, the stock sold off to close $331.37 – 5.91 (1.75%).
On the downside, as I mentioned here 10 days ago, ITCI, a “homerun of the day” that had moved from $12 to $43 on news of their approval of a new schizophrenia drug, decided to replenish their cash with a new offering, did 10 million shares at $29.50 sending the stock back to $26.34 -4.66 (15.03%).
On the upside we had Applied Therapeutics (APLT) had solid topline results for Galactosemia, a metabolic drug, which sent the stock, which traded around $10 all last year and doubled in late October, and had risen to close $26.16 yesterday opened $31.75, traded $40.14 and finished the day $35.18 +9.02 (34.48%).
And, today’s HOMERUN OF THE DAY was Shiftpixy (PIXY) a company that has designed a staffing platform for the disruptive “gig” economy and has assigned 60% of its contracted book of biz for $20million and expects to replace its cash-flow to breakeven in their next-gen platform business. The stock was reversed 1:40 in December and close yesterday $8.07, opening today $24.51 and trading to $27.50 before closing $19.25 +11.18 (138.54%).
BIOPHARMA: was HIGHER with BIIB +2.47, ABBV +.73, REGN +9.29, ISRG -1.02, MYL +.05 TEVA -.11, VRTX +6.21, BCH -.07, INCY -.51, ICPT +1.56, LABU +2.29 and IBB $120.89 +1.74 (1.46%).
CANNABIS: stocks were MIXED with TLRY +.67, CGC +.35, GWPH +2.75, ACB -.05, PYX -.07, APHA +.03, NBEV -.05, ACRGF +.18, CURLF +.12, KERN -.45 and MJ $15.39 +.15 (.92%).
DEFENSE: was MIXED with No moves over 1% and ITA $229.80 -1.53 (.66%).
RETAIL was MIXED with M +.45 (on better sales), JWN +.66, KSS -.79, DDS -.06, JCP +.02, WMT -.18, TGT -.07, TJX +.33, RL -.29, UAA -.28, LULU +3.78, TPR +.18, CPRI +.43 and XRT $45.40 +.09 (.20%).
FAANG and Big Cap: were HIGHER across the board with GOOGL +9.93, AMZN -11.36, AAPL +5.60, FB +3.04, NFLX +9.25, NVDA +1.07, TSLA $495.05 +26.99 (5.75%), BABA +1.37, BIDU +1.90, BOX -.11, IBM +1.31, BA -5.02, CAT +1.30, and XLK $93.51 +.99 (1.07%).
FINANCIALS were HIGHER with GS +3.03, JPM +1.62, BAC +.41, MS +.86, C +.86, PNC +.96, AIG +.60, TRV +1.45, AXP +3.34 and XLF $30.73 +.20 (.66%).
OIL, $59.61 -3.09. Today’s action was downhill from the start after trading as high as $65.65 last night on the Iran news, but today after tensions were seemingly over, prices fell all day. The stocks were LOWER with the XLE $59.71-1.00 (1.65%).
METALS, GOLD: $1,560.20 -14.70 after breaking out “of the box” earlier last week, and the Iran news, we traded as high as $1,613 before turning down. On a technical basis, I would be a buyer anywhere near 1,540-1,545.
BITCOIN: closed $8110 -170. We broke to the upside on the news and traded up to 8595, a new recovery high. I said “I really interested to see what happens with the 5 and 20-day MA’s now since they are within .02 of each other. Well, they resolved to the upside and I believe we will try 8,000 again but as a pull-back this time. We own 750 GBTC with an average of $8.99. GBTC closed $9.33 -77 today.
Tomorrow is another day.
CAM
submitted by Dashover to optionstrading [link] [comments]

For Trading Jan 9

For Trading January 9th
DJIA Reverses 800 Off Lows Finishes +161
Bonds, Oil & Gold Lower TSLA Closes in on $500
Join Us Every Day, Link Below
Today’s market started off lower by just 60 after last night’s decline on the Iran bombing of al-Asad base in Iraq but within minutes we were unchanged and higher. The lows overnight in the DJIA were 28,084 but we were never below 28,522 today. There were similar moves in all of the futures with Oil exploding up to $65.65 (finished 59.61), Gold to $1,613 (1,560), S&P 3181 (3250), DJ (28,770), NAZ 8678 (8944), Bonds 159-19 (156-12). These moves are amazing in size. The only time I’ve ever seen this kind of reversal overnight was Election night 2016. So, the closes were DJIA +161.41 (.56%), NASDAQ +60.66 (.67%), S&P 500 +15.87 (.49%), the Russell +5.29 (.32%) and the Transports +96.08 (.88%). The NAZ and S&P made new all-time highs. Market internals were 3:2 on NYSE and 1.3:1 NAZ. DJIA was 21:9 with the biggest losers, BA -40, WBA -24DPs, BA on the crash in Iran and WBA on earnings.
So, my opinion on what happened last night: I was impressed by the restraint of the “Tweeter-in Chief” and was somewhat pleasantly surprised. Not sure I could have done the same. My assumption is that China (his only possible success) caused the restraint, since they absolutely support Iran. But after thinking about it all day, and this is where being an OLD guy pays off, I recalled the nuclear proliferation of the 50’s and 60’s and the doctrine called “MAD,” mutually assured destruction. And it occurred to me that that doctrine may have gone through changes over the years, but it seems that with all of the posturing, that no one actually wants the kind of war that we would have on the escalation with a state that has nothing to lose. There are no wars like WW1 or WW2, or Korea or Viet Nam. We’re not landing 150,000 young men on the shores of the Arabian Sea (as in Normandy), the technology of war having changed so dramatically. One other minor comment based on history, wars are both highly inflationary and the stock market loves them. (Good thing nobody told Trump). During WW1 and WW2, the DJIA rose 152%. We had up markets during Korea and both Bush Gulf/Iraq wars. We’re still in Afghanistan, but the market has under 9,200 in October 2001 when that mess started. Just the facts…
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: Today’s market was clearly governed by the Iran news, but there were still earnings related issues. Walgreen (WBA) was the problem with softness in both the RX and front of the store sales. Volumes grew a paltry 1.8% and while the company said they stand by full year guidance, the stock finished $55.83 -3.46 (5.84%). There are rumors that KKR is interested in a deal, but no word from either company. The BA news was about the crash of a Ukrainian Air 737 in Tehran. While there is no information regarding any manufacturing issue, the stock sold off to close $331.37 – 5.91 (1.75%).
On the downside, as I mentioned here 10 days ago, ITCI, a “homerun of the day” that had moved from $12 to $43 on news of their approval of a new schizophrenia drug, decided to replenish their cash with a new offering, did 10 million shares at $29.50 sending the stock back to $26.34 -4.66 (15.03%).
On the upside we had Applied Therapeutics (APLT) had solid topline results for Galactosemia, a metabolic drug, which sent the stock, which traded around $10 all last year and doubled in late October, and had risen to close $26.16 yesterday opened $31.75, traded $40.14 and finished the day $35.18 +9.02 (34.48%).
And, today’s HOMERUN OF THE DAY was Shiftpixy (PIXY) a company that has designed a staffing platform for the disruptive “gig” economy and has assigned 60% of its contracted book of biz for $20million and expects to replace its cash-flow to breakeven in their next-gen platform business. The stock was reversed 1:40 in December and close yesterday $8.07, opening today $24.51 and trading to $27.50 before closing $19.25 +11.18 (138.54%).
BIOPHARMA: was HIGHER with BIIB +2.47, ABBV +.73, REGN +9.29, ISRG -1.02, MYL +.05 TEVA -.11, VRTX +6.21, BCH -.07, INCY -.51, ICPT +1.56, LABU +2.29 and IBB $120.89 +1.74 (1.46%).
CANNABIS: stocks were MIXED with TLRY +.67, CGC +.35, GWPH +2.75, ACB -.05, PYX -.07, APHA +.03, NBEV -.05, ACRGF +.18, CURLF +.12, KERN -.45 and MJ $15.39 +.15 (.92%).
DEFENSE: was MIXED with No moves over 1% and ITA $229.80 -1.53 (.66%).
RETAIL was MIXED with M +.45 (on better sales), JWN +.66, KSS -.79, DDS -.06, JCP +.02, WMT -.18, TGT -.07, TJX +.33, RL -.29, UAA -.28, LULU +3.78, TPR +.18, CPRI +.43 and XRT $45.40 +.09 (.20%).
FAANG and Big Cap: were HIGHER across the board with GOOGL +9.93, AMZN -11.36, AAPL +5.60, FB +3.04, NFLX +9.25, NVDA +1.07, TSLA $495.05 +26.99 (5.75%), BABA +1.37, BIDU +1.90, BOX -.11, IBM +1.31, BA -5.02, CAT +1.30, and XLK $93.51 +.99 (1.07%).
FINANCIALS were HIGHER with GS +3.03, JPM +1.62, BAC +.41, MS +.86, C +.86, PNC +.96, AIG +.60, TRV +1.45, AXP +3.34 and XLF $30.73 +.20 (.66%).
OIL, $59.61 -3.09. Today’s action was downhill from the start after trading as high as $65.65 last night on the Iran news, but today after tensions were seemingly over, prices fell all day. The stocks were LOWER with the XLE $59.71-1.00 (1.65%).
METALS, GOLD: $1,560.20 -14.70 after breaking out “of the box” earlier last week, and the Iran news, we traded as high as $1,613 before turning down. On a technical basis, I would be a buyer anywhere near 1,540-1,545.
BITCOIN: closed $8110 -170. We broke to the upside on the news and traded up to 8595, a new recovery high. I said “I really interested to see what happens with the 5 and 20-day MA’s now since they are within .02 of each other. Well, they resolved to the upside and I believe we will try 8,000 again but as a pull-back this time. We own 750 GBTC with an average of $8.99. GBTC closed $9.33 -77 today.
Tomorrow is another day.
CAM
submitted by Dashover to swingtrading [link] [comments]

For trading Jan 3

For Trading January 3rd
New High Abound APPLE TOPS 300
Bonds Rally Off Lows
RAD Falls Back To Earth, Again
Join Us Every Day, Link Below
Today’s market started off higher by about 200 on the news of Chinese lowering the “reserve requirement” to prompt more lending. The market took no notice of the “initial claims for unemployment” rose to the highest level (4-week moving average) since January 2018. Bonds, especially the long end started lower but came back very strongly on continued soft manufacturing numbers out of China and Europe, and the possibility that the overbought market is due for a pullback, and investors moving to a more defensive stance. As I have written, I’m using our position for the later move that I label a “flight to safety.” By 10:30 we had fallen to the low of the day, +89, and started a sideways to higher move and just after 2:45 we broke to new highs again and in the last 15 minutes we added an additional 100 DPs and finished +330.36 (1.16%), NASDAQ +119.59 (1.33%), S&P 500 +27.07 (.84%), while the Russell, lower all day finished -1.70 (.10%) and the Transports were +93.03 (.85%). A/D was roughly 1.4:1 on both NYSE and the NAZ. DJIA was 24:6 with the big winners AAPL, BA, MMM, GS, and MCD. We bought a small position in LULU 1/17 220 puts at $1.65 to $1.70 (closed $1.55) and we still have our position in TLT calls @ $1.33 (closed 1.40) and I shorted the RAD 300 [email protected] $16.87 (trading 14.40 in extended hours). When I start to hear statistics like AAPL is now a market-cap greater than the entire energy sector, that makes me nervous. I love the stock, and the products, but when did a consumer electronics company become bigger that the industry that powers our cars and planes, our manufacturing sector, and our power grid?
Again: CAUTION IS REQUIRED.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: Today’s market was not really that unusual for the first trading day of the year, since there is a massive amount of money that flows in from pensions, 401K’s and bonuses paid either at year-end or in the new year to delay tax liability. Early on, there was a little selling of the big winners but it was overcome by the rally. As mentioned in the headlines, AAPL rose to close $300.25 and is now $300.85 +7.20 (2.46%) in extended trading. TSLA got a new price target from Cannacord today, calling for $515 from 375, and it is trading $430.98 +12.65 (3.02%). Many of the Chinese stocks were strong with BABA at a new high $219,82 +7.72 (3.64%) and BIDU $138.22 +11.82 (9.35%).
There were several biopharma names in the news with varying results. INCY had a failed trial and after closing $85.97 -1.35, it has fallen to 73.01 but is now 77.28 – 8.59 (10%). Also on the downside was Durect (DRRX) who had a failed trial for its Plaque psoriasis treatment and it fell from a recent recovery high of $3.95 to trade $2.05 and close $2.62 -1.18 (31.05%).
But the Disaster Du Jour was Novan (NOVN), which reported a failed study on molluscum contagiosum, a viral skin infection that causes lesions. The stock, public since mid-2016 has traded as high as $30.90, had fallen to trade as low as $ .65 last year, had traded $3.72 last week but fell to a low of $ .77 with a last of $ .86 – 2.55 (73%).
And, the HOMERUN OF THE DAY was Pulmatrix, Inc. (PULM) whose licensing and development agreement with JNJ for their Lung Cancer Initiative will net it $7.2 million upfront and additional $2 million milestone payments in its study on COPD. The stock had been trading between $ .61 and $1.02 and closed $ .84 on 12/31 and opened today $1.62, traded $1.79 and finished the day $1.62 +.76 (88.37%).
BIOPHARMA: was LOWER with BIIB -2.49, ABBV +.95, REGN -2.13, ISRG +6.11, MYL +.55, TEVA -.24, VRTX +1.05, BHC -.01, INCY -10.21 (see above), ICPT -5.24 (4.23%), LABU -1.15, and IBB $119.97 -.54 (.45%).
CANNABIS: stocks were LOWER with TLRY -.71, CGC -1.03, CRON -.32, GWPH -.25, ACB -.11, PYX -.64, APHA -.21, NBEV -.02, ACRGF -.08, CURLF -.15, KERN -.41 and MJ $16.90 -.22 (1.29%).
DEFENSE: was HIGHER with LMT =9.82, RTN +5.25, GD +1.66, TXT +.88, UTX +3.88, NOC +11.73, BWXT +1.55, TDY +11.41, and ITA $227.38 +5.30 (2.39%).
RETAIL was MIXED with M -.42, JWN -.82, KSS -1.90, DDS -3.43, WMT +.17, TGT -2.13, TJX +.69, KR -.33, RL +1.56, UAA +.18, LULU +1.78, TPR -.04, CPRI +.13 and XRT $45.66 -.35 (.76%).
FAANG and Big Cap: were HIGHER across the board with GOOGL +29.29, AMZN +51.38, AAPL +7.20, FB +4.57, NFLX +6.43, NVDA +4.73, TSLA +12.67, BABA +7.66, BIDU +11.66, BOX +.46, IBM +1.38, BA +7.05, CAT +2.85, and XLK $93.40 +1.73 (1.89%).
FINANCIALS were HIGHER with GS +4.41, JPM +1.76, BAC +.43, MS +1.13, C +1.38, PNC +.74, AIG +.43, TRV +.56, AXP +1.79, and XLF $31.13 +.35 (1.14%).
OIL, $61.18 + .12. Today’s action was a rally after testing 60.50 again today and back to just slightly higher. The stocks were HIGHER with the XLE $60.64 + .60 (1.00%).
METALS, GOLD: $1,228.10 +5.00 after breaking out “of the box” earlier last week, and has moved higher, and is now approaching the resistance around 1535 range. Today’s high was $1534 and we’ll see how it acts when it approaches $1,542.
BITCOIN: closed $7040 -210. We broke to the upside but ran into a brick wall just under $8,000. I was very disappointed to see the break, although we are right back to the lower Bollinger Band. I’m really interested to see what happens with the 5 and 20-day MA’s now since they are within .02 of each other. We own 750 GBTC with an average of $8.99. GBTC closed $7.98 -.21 today.
Tomorrow is another day.
CAM
submitted by Dashover to optionstrading [link] [comments]

For Trading Jan 3rd

For Trading January 3rd
New High Abound APPLE TOPS 300
Bonds Rally Off Lows
RAD Falls Back To Earth, Again
Join Us Every Day, Link Below
Today’s market started off higher by about 200 on the news of Chinese lowering the “reserve requirement” to prompt more lending. The market took no notice of the “initial claims for unemployment” rose to the highest level (4-week moving average) since January 2018. Bonds, especially the long end started lower but came back very strongly on continued soft manufacturing numbers out of China and Europe, and the possibility that the overbought market is due for a pullback, and investors moving to a more defensive stance. As I have written, I’m using our position for the later move that I label a “flight to safety.” By 10:30 we had fallen to the low of the day, +89, and started a sideways to higher move and just after 2:45 we broke to new highs again and in the last 15 minutes we added an additional 100 DPs and finished +330.36 (1.16%), NASDAQ +119.59 (1.33%), S&P 500 +27.07 (.84%), while the Russell, lower all day finished -1.70 (.10%) and the Transports were +93.03 (.85%). A/D was roughly 1.4:1 on both NYSE and the NAZ. DJIA was 24:6 with the big winners AAPL, BA, MMM, GS, and MCD. We bought a small position in LULU 1/17 220 puts at $1.65 to $1.70 (closed $1.55) and we still have our position in TLT calls @ $1.33 (closed 1.40) and I shorted the RAD 300 [email protected] $16.87 (trading 14.40 in extended hours). When I start to hear statistics like AAPL is now a market-cap greater than the entire energy sector, that makes me nervous. I love the stock, and the products, but when did a consumer electronics company become bigger that the industry that powers our cars and planes, our manufacturing sector, and our power grid?
Again: CAUTION IS REQUIRED.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: Today’s market was not really that unusual for the first trading day of the year, since there is a massive amount of money that flows in from pensions, 401K’s and bonuses paid either at year-end or in the new year to delay tax liability. Early on, there was a little selling of the big winners but it was overcome by the rally. As mentioned in the headlines, AAPL rose to close $300.25 and is now $300.85 +7.20 (2.46%) in extended trading. TSLA got a new price target from Cannacord today, calling for $515 from 375, and it is trading $430.98 +12.65 (3.02%). Many of the Chinese stocks were strong with BABA at a new high $219,82 +7.72 (3.64%) and BIDU $138.22 +11.82 (9.35%).
There were several biopharma names in the news with varying results. INCY had a failed trial and after closing $85.97 -1.35, it has fallen to 73.01 but is now 77.28 – 8.59 (10%). Also on the downside was Durect (DRRX) who had a failed trial for its Plaque psoriasis treatment and it fell from a recent recovery high of $3.95 to trade $2.05 and close $2.62 -1.18 (31.05%).
But the Disaster Du Jour was Novan (NOVN), which reported a failed study on molluscum contagiosum, a viral skin infection that causes lesions. The stock, public since mid-2016 has traded as high as $30.90, had fallen to trade as low as $ .65 last year, had traded $3.72 last week but fell to a low of $ .77 with a last of $ .86 – 2.55 (73%).
And, the HOMERUN OF THE DAY was Pulmatrix, Inc. (PULM) whose licensing and development agreement with JNJ for their Lung Cancer Initiative will net it $7.2 million upfront and additional $2 million milestone payments in its study on COPD. The stock had been trading between $ .61 and $1.02 and closed $ .84 on 12/31 and opened today $1.62, traded $1.79 and finished the day $1.62 +.76 (88.37%).
BIOPHARMA: was LOWER with BIIB -2.49, ABBV +.95, REGN -2.13, ISRG +6.11, MYL +.55, TEVA -.24, VRTX +1.05, BHC -.01, INCY -10.21 (see above), ICPT -5.24 (4.23%), LABU -1.15, and IBB $119.97 -.54 (.45%).
CANNABIS: stocks were LOWER with TLRY -.71, CGC -1.03, CRON -.32, GWPH -.25, ACB -.11, PYX -.64, APHA -.21, NBEV -.02, ACRGF -.08, CURLF -.15, KERN -.41 and MJ $16.90 -.22 (1.29%).
DEFENSE: was HIGHER with LMT =9.82, RTN +5.25, GD +1.66, TXT +.88, UTX +3.88, NOC +11.73, BWXT +1.55, TDY +11.41, and ITA $227.38 +5.30 (2.39%).
RETAIL was MIXED with M -.42, JWN -.82, KSS -1.90, DDS -3.43, WMT +.17, TGT -2.13, TJX +.69, KR -.33, RL +1.56, UAA +.18, LULU +1.78, TPR -.04, CPRI +.13 and XRT $45.66 -.35 (.76%).
FAANG and Big Cap: were HIGHER across the board with GOOGL +29.29, AMZN +51.38, AAPL +7.20, FB +4.57, NFLX +6.43, NVDA +4.73, TSLA +12.67, BABA +7.66, BIDU +11.66, BOX +.46, IBM +1.38, BA +7.05, CAT +2.85, and XLK $93.40 +1.73 (1.89%).
FINANCIALS were HIGHER with GS +4.41, JPM +1.76, BAC +.43, MS +1.13, C +1.38, PNC +.74, AIG +.43, TRV +.56, AXP +1.79, and XLF $31.13 +.35 (1.14%).
OIL, $61.18 + .12. Today’s action was a rally after testing 60.50 again today and back to just slightly higher. The stocks were HIGHER with the XLE $60.64 + .60 (1.00%).
METALS, GOLD: $1,228.10 +5.00 after breaking out “of the box” earlier last week, and has moved higher, and is now approaching the resistance around 1535 range. Today’s high was $1534 and we’ll see how it acts when it approaches $1,542.
BITCOIN: closed $7040 -210. We broke to the upside but ran into a brick wall just under $8,000. I was very disappointed to see the break, although we are right back to the lower Bollinger Band. I’m really interested to see what happens with the 5 and 20-day MA’s now since they are within .02 of each other. We own 750 GBTC with an average of $8.99. GBTC closed $7.98 -.21 today.
Tomorrow is another day.
CAM
submitted by Dashover to swingtrading [link] [comments]

r/Bitcoin recap - January 2019

Hi Bitcoiners!
I’m back with the 25th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in January 2019
Adoption * The number of daily bitcoin transactions has been increasing rapidly again (10 Jan) * Bitcoin ads in Tokyo (11 Jan) * A fish-market in San Diego accepting bitcoin (12 Jan) * A discussion on handing out bitcoin at work (14 Jan) * Bitcoin transactions have increased by 50% over 6 months, with fees at a 2 year low (16 Jan) * LocalBitcoins has more volume than the Venezuelan stock market (16 Jan) * A popular content creator deletes his Patreon account and starts accepting bitcoin (16 Jan) * Buying bitcoin at one of 20k coinstar machines (17 Jan) * A story from a European teacher working in China using bitcoin to send money home (22 Jan) * Germany has 1/5th of the world’s Bitcoin nodes (23 Jan) * SatoshiLabs’ Lightning Node routes over 1 btc in transactions in one day (27 Jan) * Someone in Cambodia uses the Lightning Network and Bitrefill to pay their $1 weekly phone bill (30 Jan) * The Lightning Network reaches 600 btc in capacity (30 Jan)
Development * A special thank you to all the Bitcoin Core contributors in 2018 (1 Jan) * A discussion on the need for a lightning network stress test (6 Jan) * New Lightning apps made at the Seoul Bitcoin Lightning Hackathon (7 Jan) * Wasabi wallet can now mix large amounts faster (12 Jan) * Bitcoin Core developer Adam Gibson talks about fungibility, privacy and coinjoin (16 Jan) * A new Bitcoin developers school is launched in Switzerland (28 Jan)
Security * Bitcoin’s immune system (2 Jan) * A discussion on the importance of running full nodes after an attack on another cryptocurrency (8 Jan) * Google Play store requires Samourai Wallet to disable some of its security features (8 Jan) * The Kraken exchange CEO warns users to not store coins on an exchange if you’re not actively trading (16 Jan) * LocalBitcoins.com is compromised (26 Jan)
Mining * Bitmain lost 28% of its bitcoin mining market share in 6 months (2 Jan) * An analysis of a strange nonce pattern in Bitcoin since block 400k (7 Jan) * Bitcoin mining becomes more decentralized as Bitmain loses dominance (18 Jan)
Business * Overstock becomes the first major US company to pay taxes in bitcoin (4 Jan) * Gemini exchange promises it will start using SegWit, Bech32 addresses and transaction batching by the end of Q1 2019 (7 Jan) * Gab emails its 850k users about its switch to Bitcoin (9 Jan) * Bitrefill launches a Lightning channel opening service (9 Jan) * Jihan Wu is stepping down from his role as CEO of Bitmain according to an insider leak (10 Jan) * Bitcoin crowdfunding powered by BTCPay (10 Jan) * Bitmain shuts down its btc.com office (14 Jan) * One of the biggest banks in the Netherlands launches a bitcoin wallet (23 Jan) * A ‘leaked’ photo shows that the Samsung Galaxy 10 has a cryptocurrency wallet (24 Jan) * Data collection by bitcoin businesses (29 Jan) * Fidelity will launch its bitcoin custody service in March (30 Jan) * Paxful a P2P bitcoin marketplace, launches its second school in Rwanda (31 Jan) * The QuadrigaCX exchange goes bankrupt after losing access to its cold wallets (31 Jan)
Research * Data on the Proof of Keys event over the last 9 years (2 Jan) * 50% of the bitcoin supply hasn’t moved in a year (10 Jan) * A rebuttal to the reports of Bitcoin’s environmental damage (31 Jan)
Education * Bitcoin’s first block was mined 6 days after its genesis block (10 Jan) * TIME on why Bitcoin matters for freedom (24 Jan) * A simple explainer video of the Lightning Network (27 Jan)
Regulation & Politics * Coinbase bans Gab.com and its founder (5 Jan) * Some Yellow Vests in France are calling on their supporters to withdraw their money from the banks (8 Jan) * Wyoming introduces bill offering cryptocurrencies legal clarity (19 Jan) * The government of Zimbabwe shuts down the Internet country-wide and hurts its economy (21 Jan) * Venezuela’s new interim president is pro-bitcoin (25 Jan) * Iran lifts its Bitcoin ban (29 Jan)
Archeology (Financial Incumbents) * The European Central Bank has printed €2.85T since 2015 to help sustain the EU economy (4 Jan) * Some of the Yellow Vests in France are calling upon supporters to withdraw money from the banks (8 Jan) * EU fines Mastercard for €570M for high fees (22 Jan)
Price & Trading * Don’t look at ATHs, look at yearly lows (3 Jan) * Whenever you doubt your investing decisions, remember this guy (4 Jan) * Someone creates an open-source terminal dashboard for automated trading and charting (15 Jan)
Fun & Other * Someone put 5% of their paycheck into bitcoin for 3 years (1 Jan) * Bitcoin featured in The Times newspaper on its 10th anniversary (2 Jan) * Bitcoin was launched 10 years ago (3 Jan) * A “How to use bitcoin anonymously” article gets banned on Medium (5 Jan) * A street art treasure hunt in Paris with a Bitcoin puzzle (7 Jan) * An AMA with the co-founder of Wasabi Wallet (7 Jan) * People are trying to encourage others to quit smoking and acquire bitcoin with those savings (8 Jan) * 10 years since Hal Finney’s “Running Bitcoin” tweet (9 Jan) * Gab calls bitcoin “free speech money” (9 Jan) * Nick Szabo on Central Banks, gold and bitcoin (11 Jan) * A discussion on the public perception of ‘hodl’ (12 Jan) * A Twitch streamer receives 20 bitcoin in donations (13 Jan) * The Paris bitcoin puzzle was solved (14 Jan) * An AMA by Blockstream (16 Jan) * The challenges of launching a new cryptocurrency with Proof-of-Work today (16 Jan) * A bitcoin logo on a football team’s shirts in Israel (21 Jan) * Buckminster Fuller on an energy-value system in 1981 (22 Jan) * Someone started anonymously broadcasting messages over Blockstream’s satellites (24 Jan) * Bitcoin is inspiring a new generation of investors (28 Jan) * A story from someone who lost ~$2M USD in btc (29 Jan) * A discussion on tokenization in stock and bonds trading (31 Jan)
submitted by SamWouters to Bitcoin [link] [comments]

How the Bitcoin price was changing

How the Bitcoin price was changing
Nowadays, the Bitcoin currency rate perhaps is the most unpredictable thing. All predictions about how BTC price will increase or drop are in some way similar to the weather forecasts. No one can tell what will happen to the coin tomorrow. One of the most important factors that experts rely on is the history of the currency rate over the whole period of BTC existence with its dynamics. It is essential to know what was happening to the coin as this allows you to understand what can happen to it in the future.

2009

The first digital currency – Bitcoin – came to the world on January 9, 2009. In the same month, the creator of Bitcoin mined the first block and he also made the first financial operation in the BTC system.
At the beginning of its history, the Bitcoin price was ridiculously low. The first exchange of BTC to US dollars was made in the summer of 2009 when Martti Malmi received 5.02 USD for his 5050 Bitcoins.
The first official Bitcoin exchange rate to the fiat dollar was established on October 9, 2009. At that time, for 1 dollar you could buy 1 309.03 BTC. Many people now regret that they missed the opportunity to buy Bitcoin for pennies.

2010

In 2010, events in the cryptocurrency market began to develop more intensively. The Bitcoin Market exchange was opened in February 2010, where it was possible to sell the digital coin. In May of this year, the most well-known deal with Bitcoin had happened. The programmer Laszlo Hanyecz bought 2 pizzas for 10,000 BTC. It was the first purchase using cryptocurrency in the real world. He posted a request on the crypto forum saying that he wanted to buy two pizzas. In exchange for that, he offered 10K Bitcoins that back then cost about 40 dollars. And there was a person who agreed to have this deal – it was the 19 years old Jeremy Sturdivant. Jeremy didn’t become a millionaire since then as he spent his coins to travel across the USA.

As for Laszlo, he doesn’t regret about the lost millions. He was mining coins for his pleasure at that time and spent them to different non-significant things.

The two pizzas bought by Laszlo
In July of 2010, BTC price raised to 0.08 dollars. Then in November, the price went up for 50 percent. In general, 2010 was an excellent period for strengthening the position of Bitcoin. The digital currency was almost able to reach the point of one dollar.

2011

BTC overcame the point of 1 dollar only in February of 2011. By early June, the price had grown to 10 dollars. This was a small victory for Bitcoin. Another maximum was set at the point of $31.91. In the middle of June 2011, there was a sharp drop in price: from 31.91 again to 10 dollars.

The year 2011 was full of negative events. One of them happened on June 13, when a user’s electronic wallet was first hacked and 25 thousand coins were stolen from there. In a few days, some geeks hacked MtFox exchange where they got data of sixty thousand users. These events negatively affected the Bitcoin rate. It became clear that in the future the price of digital currency will be determined taking into consideration any events that occur in the market.

2012

In 2012, the exchange rate was ranging from 8 to 12 dollars per 1 BTC. This period was also rich in significant events. One of them is that Bitcoin Central bank began its work. This bank received a license and was even recognized by European regulators.

2013

February 22, 2013, was the day when Bitcoin began to grow again. The price reached the mark of $30. Another increase occurred at the end of January – $31.9. The upward trend continued. March 22 rate was 74.9 dollars per BTC.

On the first day of April, the price went up to $100 and within another nine days, the BTC price grew to 266 dollars. But the growth did not last long. By October it was $109. The possible reason for that is the arrest of an anonymous trading platform Silk Road.

Since November 2013, the price of Bitcoin began to grow anew. By the end of the month, the price exceeded all expectations and raised up to $1,200 per coin. The reason for overcoming the $1,000 point was the BTC support by Zynga game creator. Experts also noted another event that could affect the growth: one of the higher education institutions in Cyprus started accepting the Bitcoin as payment for tuition.

But by the end of the first week of December, the price was 1,000 dollars. In the middle of December 2013, the BTC price dropped to 600 dollars because the China Central Bank prohibited the country’s financial institutions to maintain operations with cryptocurrency.

The Bitcoin price chart in November, 2013

2014

During the year 2014, there happened rather a significant amount of events that had an impact on the Bitcoin volatility. In the first days of January, 1 BTC was equal to 770 dollars. In February it was 700 dollars. Summer 2014 slightly strengthened the reputation of the cryptocurrency.

Many experts think that it was 2014 when BTC strengthened its position in the market, in spite of the fact that Bitcoin price was low – by the end of the year it settled in at around 310 dollars. In 2014 investors began to consider Bitcoin as a potential investment as Bitcoin price predictions seemed quite attractive.

2015

At the beginning of 2015, the BTC price started rising: with 177 dollars in January to 281 dollars to March. The number of people who were trading Bitcoin increased – there were about 160,000 people was buying and selling BTC on exchanges by August 2015. In one period of 2015 the Bitcoin price grew up to 500 dollars, but to the end of 2015, it dropped to about 350 USD.

2016

In 2016, Japan declared Bitcoin as a currency and allowed to use it to pay for goods and services. South Africa was the next who did the same. In April 2016, BTC rate went up and reached $454 per coin. By the end of May, 1 BTC was already worth $600. The reason for the price increase might be the growth of the number of transactions in the Chinese market. The highest price in 2016 was in December – $950 for one Bitcoin.

2017

The year of 2017 was an incredible period in respect of BTC price. It started with $1,000 for 1 coin. Already in June, it was $2,600. By the beginning of September, the price jumped to $5,000 per 1 BTC. On December 17, the Bitcoin price achieved a record and was over 20,000 US dollars.

How did this happen? Here are some reasons that experts point due to the growth of Bitcoin price:

  • In 2017 social media broadcasted a lot of information about Bitcoin and the blockchain system;
  • China resumed cashout of bitcoins from the Chinese cryptocurrency exchanges;
  • In December 2017, the United States officially allowed trading futures for Bitcoin;
  • The number of companies and people who were buying BTC increased as they considered Bitcoin the profitable investment and etc.

However, later in December, the price plummeted from 20 000 dollars to 12 000 dollars. Experts had different reasons including that one of the first cryptocurrency creators sold out all his digital savings and called such investments too risky.

2018

During the first 4 months of 2018, the price of BTC dropped below 7,000 USD. These negative dynamics were quite logical because the rise is always followed by the fall. For the first time since October 2017, the Bitcoin price fell below 6,000 dollars. On November 25, the price of Bitcoin fell even lower – $3,676 per 1 BTC. By mid-December, the bitcoin rate fell by almost 80% to its yearly rate, the price was $3,200.

Nowadays

What can we expect in 2019? What Bitcoin price predictions do crypto experts have? People hope that 2019 will bring new opportunities for Bitcoin and also other cryptocurrencies. Some investors and crypto enthusiasts predict that the BTC price will grow to 40 – 50,000 USD by the end of 2019. One of them, John McAfee, is assured that the price will rise to 1 million dollars by the end of 2020. He even had a bet that he posted in his Twitter saying that he would eat his “love muscle” if his BTC price prediction will not come true.

There may be a number of factors that can influence the BTC price in 2019. They are:

  • Nasdaq, the world’s second largest exchange plans to launch futures for Bitcoin;
  • Coming out of the first crypto-ETP in the world;
  • and many other unpredictable factors that can change the price of Bitcoin.

As it was said before, Bitcoin price predictions are almost like the weather forecast – you never know what price it will have tomorrow. If you think about investing in BTC or any other cryptocurrency you should follow its rate at present time but never forget to compare it to the past. But please, don’t bet to eat any of your body parts 🙂

Feel free to follow our updates and news on Twitter, Facebook, Reddit, Telegram and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to BitcoinMining [link] [comments]

How the Bitcoin price was changing

How the Bitcoin price was changing
Nowadays, the Bitcoin currency rate perhaps is the most unpredictable thing. All predictions about how BTC price will increase or drop are in some way similar to the weather forecasts. No one can tell what will happen to the coin tomorrow. One of the most important factors that experts rely on is the history of the currency rate over the whole period of BTC existence with its dynamics. It is essential to know what was happening to the coin as this allows you to understand what can happen to it in the future.

2009

The first digital currency – Bitcoin – came to the world on January 9, 2009. In the same month, the creator of Bitcoin mined the first block and he also made the first financial operation in the BTC system.

At the beginning of its history, the Bitcoin price was ridiculously low. The first exchange of BTC to US dollars was made in the summer of 2009 when Martti Malmi received 5.02 USD for his 5050 Bitcoins.

The first official Bitcoin exchange rate to the fiat dollar was established on October 9, 2009. At that time, for 1 dollar you could buy 1 309.03 BTC. Many people now regret that they missed the opportunity to buy Bitcoin for pennies.

2010

In 2010, events in the cryptocurrency market began to develop more intensively. The Bitcoin Market exchange was opened in February 2010, where it was possible to sell the digital coin. In May of this year, the most well-known deal with Bitcoin had happened. The programmer Laszlo Hanyecz bought 2 pizzas for 10,000 BTC. It was the first purchase using cryptocurrency in the real world. He posted a request on the crypto forum saying that he wanted to buy two pizzas. In exchange for that, he offered 10K Bitcoins that back then cost about 40 dollars. And there was a person who agreed to have this deal – it was the 19 years old Jeremy Sturdivant. Jeremy didn’t become a millionaire since then as he spent his coins to travel across the USA.

As for Laszlo, he doesn’t regret about the lost millions. He was mining coins for his pleasure at that time and spent them to different non-significant things.

The two pizzas bought by Laszlo
In July of 2010, BTC price raised to 0.08 dollars. Then in November, the price went up for 50 percent. In general, 2010 was an excellent period for strengthening the position of Bitcoin. The digital currency was almost able to reach the point of one dollar.

2011

BTC overcame the point of 1 dollar only in February of 2011. By early June, the price had grown to 10 dollars. This was a small victory for Bitcoin. Another maximum was set at the point of $31.91. In the middle of June 2011, there was a sharp drop in price: from 31.91 again to 10 dollars.

The year 2011 was full of negative events. One of them happened on June 13, when a user’s electronic wallet was first hacked and 25 thousand coins were stolen from there. In a few days, some geeks hacked MtFox exchange where they got data of sixty thousand users. These events negatively affected the Bitcoin rate. It became clear that in the future the price of digital currency will be determined taking into consideration any events that occur in the market.

2012

In 2012, the exchange rate was ranging from 8 to 12 dollars per 1 BTC. This period was also rich in significant events. One of them is that Bitcoin Central bank began its work. This bank received a license and was even recognized by European regulators.

2013

February 22, 2013, was the day when Bitcoin began to grow again. The price reached the mark of $30. Another increase occurred at the end of January – $31.9. The upward trend continued. March 22 rate was 74.9 dollars per BTC.
On the first day of April, the price went up to $100 and within another nine days, the BTC price grew to 266 dollars. But the growth did not last long. By October it was $109. The possible reason for that is the arrest of an anonymous trading platform Silk Road.
Since November 2013, the price of Bitcoin began to grow anew. By the end of the month, the price exceeded all expectations and raised up to $1,200 per coin. The reason for overcoming the $1,000 point was the BTC support by Zynga game creator. Experts also noted another event that could affect the growth: one of the higher education institutions in Cyprus started accepting the Bitcoin as payment for tuition.
But by the end of the first week of December, the price was 1,000 dollars. In the middle of December 2013, the BTC price dropped to 600 dollars because the China Central Bank prohibited the country’s financial institutions to maintain operations with cryptocurrency.

The Bitcoin price chart in November, 2013

2014

During the year 2014, there happened rather a significant amount of events that had an impact on the Bitcoin volatility. In the first days of January, 1 BTC was equal to 770 dollars. In February it was 700 dollars. Summer 2014 slightly strengthened the reputation of the cryptocurrency.

Many experts think that it was 2014 when BTC strengthened its position in the market, in spite of the fact that Bitcoin price was low – by the end of the year it settled in at around 310 dollars. In 2014 investors began to consider Bitcoin as a potential investment as Bitcoin price predictions seemed quite attractive.

2015

At the beginning of 2015, the BTC price started rising: with 177 dollars in January to 281 dollars to March. The number of people who were trading Bitcoin increased – there were about 160,000 people was buying and selling BTC on exchanges by August 2015. In one period of 2015 the Bitcoin price grew up to 500 dollars, but to the end of 2015, it dropped to about 350 USD.

2016

In 2016, Japan declared Bitcoin as a currency and allowed to use it to pay for goods and services. South Africa was the next who did the same. In April 2016, BTC rate went up and reached $454 per coin. By the end of May, 1 BTC was already worth $600. The reason for the price increase might be the growth of the number of transactions in the Chinese market. The highest price in 2016 was in December – $950 for one Bitcoin.

2017

The year of 2017 was an incredible period in respect of BTC price. It started with $1,000 for 1 coin. Already in June, it was $2,600. By the beginning of September, the price jumped to $5,000 per 1 BTC. On December 17, the Bitcoin price achieved a record and was over 20,000 US dollars.

How did this happen? Here are some reasons that experts point due to the growth of Bitcoin price:
  • In 2017 social media broadcasted a lot of information about Bitcoin and the blockchain system;
  • China resumed cashout of bitcoins from the Chinese cryptocurrency exchanges;
  • In December 2017, the United States officially allowed trading futures for Bitcoin;
  • The number of companies and people who were buying BTC increased as they considered Bitcoin the profitable investment and etc.

However, later in December, the price plummeted from 20 000 dollars to 12 000 dollars. Experts had different reasons including that one of the first cryptocurrency creators sold out all his digital savings and called such investments too risky.

2018

During the first 4 months of 2018, the price of BTC dropped below 7,000 USD. These negative dynamics were quite logical because the rise is always followed by the fall. For the first time since October 2017, the Bitcoin price fell below 6,000 dollars. On November 25, the price of Bitcoin fell even lower – $3,676 per 1 BTC. By mid-December, the bitcoin rate fell by almost 80% to its yearly rate, the price was $3,200.

Nowadays

What can we expect in 2019? What Bitcoin price predictions do crypto experts have? People hope that 2019 will bring new opportunities for Bitcoin and also other cryptocurrencies. Some investors and crypto enthusiasts predict that the BTC price will grow to 40 – 50,000 USD by the end of 2019. One of them, John McAfee, is assured that the price will rise to 1 million dollars by the end of 2020. He even had a bet that he posted in his Twitter saying that he would eat his “love muscle” if his BTC price prediction will not come true.

There may be a number of factors that can influence the BTC price in 2019. They are:
  • Nasdaq, the world’s second largest exchange plans to launch futures for Bitcoin;
  • Coming out of the first crypto-ETP in the world;
  • and many other unpredictable factors that can change the price of Bitcoin.

As it was said before, Bitcoin price predictions are almost like the weather forecast – you never know what price it will have tomorrow. If you think about investing in BTC or any other cryptocurrency you should follow its rate at present time but never forget to compare it to the past. But please, don’t bet to eat any of your body parts 🙂

Feel free to follow our updates and news on Twitter, Facebook, Reddit, Telegram and BitcoinTalk.Read what the customers say about SimpleSwap on Trustpilot.Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to CryptoNews [link] [comments]

How the Bitcoin price was changing

How the Bitcoin price was changing
Nowadays, the Bitcoin currency rate perhaps is the most unpredictable thing. All predictions about how BTC price will increase or drop are in some way similar to the weather forecasts. No one can tell what will happen to the coin tomorrow. One of the most important factors that experts rely on is the history of the currency rate over the whole period of BTC existence with its dynamics. It is essential to know what was happening to the coin as this allows you to understand what can happen to it in the future.

2009

The first digital currency – Bitcoin – came to the world on January 9, 2009. In the same month, the creator of Bitcoin mined the first block and he also made the first financial operation in the BTC system.

At the beginning of its history, the Bitcoin price was ridiculously low. The first exchange of BTC to US dollars was made in the summer of 2009 when Martti Malmi received 5.02 USD for his 5050 Bitcoins.

The first official Bitcoin exchange rate to the fiat dollar was established on October 9, 2009. At that time, for 1 dollar you could buy 1 309.03 BTC. Many people now regret that they missed the opportunity to buy Bitcoin for pennies.

2010

In 2010, events in the cryptocurrency market began to develop more intensively. The Bitcoin Market exchange was opened in February 2010, where it was possible to sell the digital coin. In May of this year, the most well-known deal with Bitcoin had happened. The programmer Laszlo Hanyecz bought 2 pizzas for 10,000 BTC. It was the first purchase using cryptocurrency in the real world. He posted a request on the crypto forum saying that he wanted to buy two pizzas. In exchange for that, he offered 10K Bitcoins that back then cost about 40 dollars. And there was a person who agreed to have this deal – it was the 19 years old Jeremy Sturdivant. Jeremy didn’t become a millionaire since then as he spent his coins to travel across the USA.

As for Laszlo, he doesn’t regret about the lost millions. He was mining coins for his pleasure at that time and spent them to different non-significant things.

The two pizzas bought by Laszlo
In July of 2010, BTC price raised to 0.08 dollars. Then in November, the price went up for 50 percent. In general, 2010 was an excellent period for strengthening the position of Bitcoin. The digital currency was almost able to reach the point of one dollar.

2011

BTC overcame the point of 1 dollar only in February of 2011. By early June, the price had grown to 10 dollars. This was a small victory for Bitcoin. Another maximum was set at the point of $31.91. In the middle of June 2011, there was a sharp drop in price: from 31.91 again to 10 dollars.

The year 2011 was full of negative events. One of them happened on June 13, when a user’s electronic wallet was first hacked and 25 thousand coins were stolen from there. In a few days, some geeks hacked MtFox exchange where they got data of sixty thousand users. These events negatively affected the Bitcoin rate. It became clear that in the future the price of digital currency will be determined taking into consideration any events that occur in the market.

2012

In 2012, the exchange rate was ranging from 8 to 12 dollars per 1 BTC. This period was also rich in significant events. One of them is that Bitcoin Central bank began its work. This bank received a license and was even recognized by European regulators.

2013

February 22, 2013, was the day when Bitcoin began to grow again. The price reached the mark of $30. Another increase occurred at the end of January – $31.9. The upward trend continued. March 22 rate was 74.9 dollars per BTC.

On the first day of April, the price went up to $100 and within another nine days, the BTC price grew to 266 dollars. But the growth did not last long. By October it was $109. The possible reason for that is the arrest of an anonymous trading platform Silk Road.

Since November 2013, the price of Bitcoin began to grow anew. By the end of the month, the price exceeded all expectations and raised up to $1,200 per coin. The reason for overcoming the $1,000 point was the BTC support by Zynga game creator. Experts also noted another event that could affect the growth: one of the higher education institutions in Cyprus started accepting the Bitcoin as payment for tuition.

But by the end of the first week of December, the price was 1,000 dollars. In the middle of December 2013, the BTC price dropped to 600 dollars because the China Central Bank prohibited the country’s financial institutions to maintain operations with cryptocurrency.

The Bitcoin price chart in November, 2013

2014

During the year 2014, there happened rather a significant amount of events that had an impact on the Bitcoin volatility. In the first days of January, 1 BTC was equal to 770 dollars. In February it was 700 dollars. Summer 2014 slightly strengthened the reputation of the cryptocurrency.

Many experts think that it was 2014 when BTC strengthened its position in the market, in spite of the fact that Bitcoin price was low – by the end of the year it settled in at around 310 dollars. In 2014 investors began to consider Bitcoin as a potential investment as Bitcoin price predictions seemed quite attractive.

2015

At the beginning of 2015, the BTC price started rising: with 177 dollars in January to 281 dollars to March. The number of people who were trading Bitcoin increased – there were about 160,000 people was buying and selling BTC on exchanges by August 2015. In one period of 2015 the Bitcoin price grew up to 500 dollars, but to the end of 2015, it dropped to about 350 USD.

2016

In 2016, Japan declared Bitcoin as a currency and allowed to use it to pay for goods and services. South Africa was the next who did the same. In April 2016, BTC rate went up and reached $454 per coin. By the end of May, 1 BTC was already worth $600. The reason for the price increase might be the growth of the number of transactions in the Chinese market. The highest price in 2016 was in December – $950 for one Bitcoin.

2017

The year of 2017 was an incredible period in respect of BTC price. It started with $1,000 for 1 coin. Already in June, it was $2,600. By the beginning of September, the price jumped to $5,000 per 1 BTC. On December 17, the Bitcoin price achieved a record and was over 20,000 US dollars.

How did this happen? Here are some reasons that experts point due to the growth of Bitcoin price:

  • In 2017 social media broadcasted a lot of information about Bitcoin and the blockchain system;
  • China resumed cashout of bitcoins from the Chinese cryptocurrency exchanges;
  • In December 2017, the United States officially allowed trading futures for Bitcoin;
  • The number of companies and people who were buying BTC increased as they considered Bitcoin the profitable investment and etc.
However, later in December, the price plummeted from 20 000 dollars to 12 000 dollars. Experts had different reasons including that one of the first cryptocurrency creators sold out all his digital savings and called such investments too risky.

2018

During the first 4 months of 2018, the price of BTC dropped below 7,000 USD. These negative dynamics were quite logical because the rise is always followed by the fall. For the first time since October 2017, the Bitcoin price fell below 6,000 dollars. On November 25, the price of Bitcoin fell even lower – $3,676 per 1 BTC. By mid-December, the bitcoin rate fell by almost 80% to its yearly rate, the price was $3,200.

Nowadays

What can we expect in 2019? What Bitcoin price predictions do crypto experts have? People hope that 2019 will bring new opportunities for Bitcoin and also other cryptocurrencies. Some investors and crypto enthusiasts predict that the BTC price will grow to 40 – 50,000 USD by the end of 2019. One of them, John McAfee, is assured that the price will rise to 1 million dollars by the end of 2020. He even had a bet that he posted in his Twitter saying that he would eat his “love muscle” if his BTC price prediction will not come true.

There may be a number of factors that can influence the BTC price in 2019. They are:

  • Nasdaq, the world’s second largest exchange plans to launch futures for Bitcoin;
  • Coming out of the first crypto-ETP in the world;
  • and many other unpredictable factors that can change the price of Bitcoin.
As it was said before, Bitcoin price predictions are almost like the weather forecast – you never know what price it will have tomorrow. If you think about investing in BTC or any other cryptocurrency you should follow its rate at present time but never forget to compare it to the past. But please, don’t bet to eat any of your body parts 🙂

Feel free to follow our updates and news on Twitter, Facebook, Reddit, Telegram and BitcoinTalk.
Read what the customers say about SimpleSwap on Trustpilot.
Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to u/SimpleSwapExchange [link] [comments]

How the Bitcoin price was changing

How the Bitcoin price was changing
Nowadays, the Bitcoin currency rate perhaps is the most unpredictable thing. All predictions about how BTC price will increase or drop are in some way similar to the weather forecasts. No one can tell what will happen to the coin tomorrow. One of the most important factors that experts rely on is the history of the currency rate over the whole period of BTC existence with its dynamics. It is essential to know what was happening to the coin as this allows you to understand what can happen to it in the future.

2009

The first digital currency – Bitcoin – came to the world on January 9, 2009. In the same month, the creator of Bitcoin mined the first block and he also made the first financial operation in the BTC system.

At the beginning of its history, the Bitcoin price was ridiculously low. The first exchange of BTC to US dollars was made in the summer of 2009 when Martti Malmi received 5.02 USD for his 5050 Bitcoins.

The first official Bitcoin exchange rate to the fiat dollar was established on October 9, 2009. At that time, for 1 dollar you could buy 1 309.03 BTC. Many people now regret that they missed the opportunity to buy Bitcoin for pennies.

2010

In 2010, events in the cryptocurrency market began to develop more intensively. The Bitcoin Market exchange was opened in February 2010, where it was possible to sell the digital coin. In May of this year, the most well-known deal with Bitcoin had happened. The programmer Laszlo Hanyecz bought 2 pizzas for 10,000 BTC. It was the first purchase using cryptocurrency in the real world. He posted a request on the crypto forum saying that he wanted to buy two pizzas. In exchange for that, he offered 10K Bitcoins that back then cost about 40 dollars. And there was a person who agreed to have this deal – it was the 19 years old Jeremy Sturdivant. Jeremy didn’t become a millionaire since then as he spent his coins to travel across the USA.

As for Laszlo, he doesn’t regret about the lost millions. He was mining coins for his pleasure at that time and spent them to different non-significant things.

The two pizzas bought by Laszlo
In July of 2010, BTC price raised to 0.08 dollars. Then in November, the price went up for 50 percent. In general, 2010 was an excellent period for strengthening the position of Bitcoin. The digital currency was almost able to reach the point of one dollar.

2011

BTC overcame the point of 1 dollar only in February of 2011. By early June, the price had grown to 10 dollars. This was a small victory for Bitcoin. Another maximum was set at the point of $31.91. In the middle of June 2011, there was a sharp drop in price: from 31.91 again to 10 dollars.

The year 2011 was full of negative events. One of them happened on June 13, when a user’s electronic wallet was first hacked and 25 thousand coins were stolen from there. In a few days, some geeks hacked MtFox exchange where they got data of sixty thousand users. These events negatively affected the Bitcoin rate. It became clear that in the future the price of digital currency will be determined taking into consideration any events that occur in the market.

2012

In 2012, the exchange rate was ranging from 8 to 12 dollars per 1 BTC. This period was also rich in significant events. One of them is that Bitcoin Central bank began its work. This bank received a license and was even recognized by European regulators.

2013

February 22, 2013, was the day when Bitcoin began to grow again. The price reached the mark of $30. Another increase occurred at the end of January – $31.9. The upward trend continued. March 22 rate was 74.9 dollars per BTC.

On the first day of April, the price went up to $100 and within another nine days, the BTC price grew to 266 dollars. But the growth did not last long. By October it was $109. The possible reason for that is the arrest of an anonymous trading platform Silk Road.

Since November 2013, the price of Bitcoin began to grow anew. By the end of the month, the price exceeded all expectations and raised up to $1,200 per coin. The reason for overcoming the $1,000 point was the BTC support by Zynga game creator. Experts also noted another event that could affect the growth: one of the higher education institutions in Cyprus started accepting the Bitcoin as payment for tuition.

But by the end of the first week of December, the price was 1,000 dollars. In the middle of December 2013, the BTC price dropped to 600 dollars because the China Central Bank prohibited the country’s financial institutions to maintain operations with cryptocurrency.

The Bitcoin price chart in November, 2013

2014

During the year 2014, there happened rather a significant amount of events that had an impact on the Bitcoin volatility. In the first days of January, 1 BTC was equal to 770 dollars. In February it was 700 dollars. Summer 2014 slightly strengthened the reputation of the cryptocurrency.

Many experts think that it was 2014 when BTC strengthened its position in the market, in spite of the fact that Bitcoin price was low – by the end of the year it settled in at around 310 dollars. In 2014 investors began to consider Bitcoin as a potential investment as Bitcoin price predictions seemed quite attractive.

2015

At the beginning of 2015, the BTC price started rising: with 177 dollars in January to 281 dollars to March. The number of people who were trading Bitcoin increased – there were about 160,000 people was buying and selling BTC on exchanges by August 2015. In one period of 2015 the Bitcoin price grew up to 500 dollars, but to the end of 2015, it dropped to about 350 USD.

2016

In 2016, Japan declared Bitcoin as a currency and allowed to use it to pay for goods and services. South Africa was the next who did the same. In April 2016, BTC rate went up and reached $454 per coin. By the end of May, 1 BTC was already worth $600. The reason for the price increase might be the growth of the number of transactions in the Chinese market. The highest price in 2016 was in December – $950 for one Bitcoin.

2017

The year of 2017 was an incredible period in respect of BTC price. It started with $1,000 for 1 coin. Already in June, it was $2,600. By the beginning of September, the price jumped to $5,000 per 1 BTC. On December 17, the Bitcoin price achieved a record and was over 20,000 US dollars.

How did this happen? Here are some reasons that experts point due to the growth of Bitcoin price:

  • In 2017 social media broadcasted a lot of information about Bitcoin and the blockchain system;
  • China resumed cashout of bitcoins from the Chinese cryptocurrency exchanges;
  • In December 2017, the United States officially allowed trading futures for Bitcoin;
  • The number of companies and people who were buying BTC increased as they considered Bitcoin the profitable investment and etc.
However, later in December, the price plummeted from 20 000 dollars to 12 000 dollars. Experts had different reasons including that one of the first cryptocurrency creators sold out all his digital savings and called such investments too risky.

2018

During the first 4 months of 2018, the price of BTC dropped below 7,000 USD. These negative dynamics were quite logical because the rise is always followed by the fall. For the first time since October 2017, the Bitcoin price fell below 6,000 dollars. On November 25, the price of Bitcoin fell even lower – $3,676 per 1 BTC. By mid-December, the bitcoin rate fell by almost 80% to its yearly rate, the price was $3,200.

Nowadays

What can we expect in 2019? What Bitcoin price predictions do crypto experts have? People hope that 2019 will bring new opportunities for Bitcoin and also other cryptocurrencies. Some investors and crypto enthusiasts predict that the BTC price will grow to 40 – 50,000 USD by the end of 2019. One of them, John McAfee, is assured that the price will rise to 1 million dollars by the end of 2020. He even had a bet that he posted in his Twitter saying that he would eat his “love muscle” if his BTC price prediction will not come true.

There may be a number of factors that can influence the BTC price in 2019. They are:

  • Nasdaq, the world’s second largest exchange plans to launch futures for Bitcoin;
  • Coming out of the first crypto-ETP in the world;
  • and many other unpredictable factors that can change the price of Bitcoin.
As it was said before, Bitcoin price predictions are almost like the weather forecast – you never know what price it will have tomorrow. If you think about investing in BTC or any other cryptocurrency you should follow its rate at present time but never forget to compare it to the past. But please, don’t bet to eat any of your body parts 🙂

Feel free to follow our updates and news on Twitter, Facebook, Reddit, Telegram and BitcoinTalk.
Read what the customers say about SimpleSwap on Trustpilot.
Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to CryptoCurrencyTrading [link] [comments]

Decred Journal — May 2018

Note: New Reddit look may not highlight links. See old look here. A copy is hosted on GitHub for better reading experience. Check it out, contains photo of the month! Also on Medium

Development

dcrd: Significant optimization in signature hash calculation, bloom filters support was removed, 2x faster startup thanks to in-memory full block index, multipeer work advancing, stronger protection against majority hashpower attacks. Additionally, code refactoring and cleanup, code and test infrastructure improvements.
In dcrd and dcrwallet developers have been experimenting with new modular dependency and versioning schemes using vgo. @orthomind is seeking feedback for his work on reproducible builds.
Decrediton: 1.2.1 bugfix release, work on SPV has started, chart additions are in progress. Further simplification of the staking process is in the pipeline (slack).
Politeia: new command line tool to interact with Politeia API, general development is ongoing. Help with testing will soon be welcome: this issue sets out a test plan, join #politeia to follow progress and participate in testing.
dcrdata: work ongoing on improved design, adding more charts and improving Insight API support.
Android: design work advancing.
Decred's own DNS seeder (dcrseeder) was released. It is written in Go and it properly supports service bit filtering, which will allow SPV nodes to find full nodes that support compact filters.
Ticket splitting service by @matheusd entered beta and demonstrated an 11-way split on mainnet. Help with testing is much appreciated, please join #ticket_splitting to participate in splits, but check this doc to learn about the risks. Reddit discussion here.
Trezor support is expected to land in their next firmware update.
Decred is now supported by Riemann, a toolbox from James Prestwich to construct transactions for many UTXO-based chains from human-readable strings.
Atomic swap with Ethereum on testnet was demonstrated at Blockspot Conference LATAM.
Two new faces were added to contributors page.
Dev activity stats for May: 238 active PRs, 195 master commits, 32,831 added and 22,280 deleted lines spread across 8 repositories. Contributions came from 4-10 developers per repository. (chart)

Network

Hashrate: rapid growth from ~4,000 TH/s at the beginning of the month to ~15,000 at the end with new all time high of 17,949. Interesting dynamic in hashrate distribution across mining pools: coinmine.pl share went down from 55% to 25% while F2Pool up from 2% to 44%. [Note: as of June 6, the hashrate continues to rise and has already passed 22,000 TH/s]
Staking: 30-day average ticket price is 91.3 DCR (+0.8), stake participation is 46.9% (+0.8%) with 3.68 million DCR locked (+0.15). Min price was 85.56. On May 11 ticket price surged to 96.99, staying elevated for longer than usual after such a pump. Locked DCR peaked at 47.17%. jet_user on reddit suggested that the DCR for these tickets likely came from a miner with significant hashrate.
Nodes: there are 226 public listening and 405 normal nodes per dcred.eu. Version distribution: 45% on v1.2.0 (up from 24% last month), 39% on v1.1.2, 15% on v1.1.0 and 1% running outdaded versions.

ASICs

Obelisk team posted an update. Current hashrate estimate of DCR1 is 1200 GH/s at 500 W and may still change. The chips came back at 40% the speed of the simulated results, it is still unknown why. Batch 1 units may get delayed 1-2 weeks past June 30. See discussions on decred and on siacoin.
@SiaBillionaire estimated that 7940 DCR1 units were sold in Batches 1-5, while Lynmar13 shared his projections of DCR1 profitability (reddit).
A new Chinese miner for pre-order was noticed by our Telegram group. Woodpecker WB2 specs 1.5 TH/s at 1200 W, costs 15,000 CNY (~2,340 USD) and the initial 150 units are expected to ship on Aug 15. (pow8.comtranslated)
Another new miner is iBelink DSM6T: 6 TH/s at 2100 W costing $6,300 (ibelink.co). Shipping starts from June 5. Some concerns and links were posted in these two threads.

Integrations

A new mining pool is available now: altpool.net. It uses PPLNS model and takes 1% fee.
Another infrastructure addition is tokensmart.io, a newly audited stake pool with 0.8% fee. There are a total of 14 stake pools now.
Exchange integrations:
OpenBazaar released an update that allows one to trade cryptocurrencies, including DCR.
@i2Rav from i2trading is now offering two sided OTC market liquidity on DCUSD in #trading channel.
Paytomat, payments solution for point of sale and e-commerce, integrated Decred. (missed in April issue)
CoinPayments, a payment processor supporting Decred, developed an integration with @Shopify that allows connected merchants to accept cryptocurrencies in exchange for goods.

Adoption

New merchants:
An update from VotoLegal:
michae2xl: Voto Legal: CEO Thiago Rondon of Appcívico, has already been contacted by 800 politicians and negotiations have started with four pre-candidates for the presidency (slack, source tweet)
Blockfolio rolled out Signal Beta with Decred in the list. Users who own or watch a coin will automatically receive updates pushed by project teams. Nice to see this Journal made it to the screenshot!
Placeholder Ventures announced that Decred is their first public investment. Their Investment Thesis is a clear and well researched overview of Decred. Among other great points it noted the less obvious benefit of not doing an ICO:
By choosing not to pre-sell coins to speculators, the financial rewards from Decred’s growth most favor those who work for the network.
Alex Evans, a cryptoeconomics researcher who recently joined Placeholder, posted his 13-page Decred Network Analysis.

Marketing

@Dustorf published March–April survey results (pdf). It analyzes 166 responses and has lots of interesting data. Just an example:
"I own DECRED because I saw a YouTube video with DECRED Jesus and after seeing it I was sold."
May targeted advertising report released. Reach @timhebel for full version.
PiedPiperCoin hired our advisors.
More creative promos by @jackliv3r: Contributing, Stake Now, The Splitting, Forbidden Exchange, Atomic Swaps.
Reminder: Stakey has his own Twitter account where he tweets about his antics and pours scorn on the holders of expired tickets.
"Autonomy" coin sculpture is available at sigmasixdesign.com.

Events

BitConf in Sao Paulo, Brazil. Jake Yocom-Piatt presented "Decentralized Central Banking". Note the mini stakey on one of the photos. (articletranslated, photos: 1 2 album)
Wicked Crypto Meetup in Warsaw, Poland. (video, photos: 1 2)
Decred Polska Meetup in Katowice, Poland. First known Decred Cake. (photos: 1 2)
Austin Hispanic Hackers Meetup in Austin, USA.
Consensus 2018 in New York, USA. See videos in the Media section. Select photos: booth, escort, crew, moon boots, giant stakey. Many other photos and mentions were posted on Twitter. One tweet summarized Decred pretty well:
One project that stands out at #Consensus2018 is @decredproject. Not annoying. Real tech. Humble team. #BUIDL is strong with them. (@PallerJohn)
Token Summit in New York, USA. @cburniske and @jmonegro from Placeholder talked "Governance and Cryptoeconomics" and spoke highly of Decred. (twitter coverage: 1 2, video, video (from 32 min))
Campus Party in Bahia, Brazil. João Ferreira aka @girino and Gabriel @Rhama were introducing Decred, talking about governance and teaching to perform atomic swaps. (photos)
Decred was introduced to the delegates from Shanghai's Caohejing Hi-Tech Park, organized by @ybfventures.
Second Decred meetup in Hangzhou, China. (photos)
Madison Blockchain in Madison, USA. "Lots of in-depth questions. The Q&A lasted longer than the presentation!". (photo)
Blockspot Conference Latam in Sao Paulo, Brazil. (photos: 1, 2)
Upcoming events:
There is a community initiative by @vj to organize information related to events in a repository. Jump in #event_planning channel to contribute.

Media

Decred scored B (top 3) in Weiss Ratings and A- (top 8) in Darpal Rating.
Chinese institute is developing another rating system for blockchains. First round included Decred (translated). Upon release Decred ranked 26. For context, Bitcoin ranked 13.
Articles:
Audios:
Videos:

Community Discussions

Community stats: Twitter 39,118 (+742), Reddit 8,167 (+277), Slack 5,658 (+160). Difference is between May 5 and May 31.
Reddit highlights: transparent up/down voting on Politeia, combining LN and atomic swaps, minimum viable superorganism, the controversial debate on Decred contractor model (people wondered about true motives behind the thread), tx size and fees discussion, hard moderation case, impact of ASICs on price, another "Why Decred?" thread with another excellent pitch by solar, fee analysis showing how ticket price algorithm change was controversial with ~100x cut in miner profits, impact of ticket splitting on ticket price, recommendations on promoting Decred, security against double spends and custom voting policies.
@R3VoLuT1OneR posted a preview of a proposal from his company for Decred to offer scholarships for students.
dcrtrader gained a couple of new moderators, weekly automatic threads were reconfigured to monthly and empty threads were removed. Currently most trading talk happens on #trading and some leaks to decred. A separate trading sub offers some advantages: unlimited trading talk, broad range of allowed topics, free speech and transparent moderation, in addition to standard reddit threaded discussion, permanent history and search.
Forum: potential social attacks on Decred.
Slack: the #governance channel created last month has seen many intelligent conversations on topics including: finite attention of decision makers, why stakeholders can make good decisions (opposed to a common narrative than only developers are capable of making good decisions), proposal funding and contractor pre-qualification, Cardano and Dash treasuries, quadratic voting, equality of outcome vs equality of opportunity, and much more.
One particularly important issue being discussed is the growing number of posts arguing that on-chain governance and coin voting is bad. Just a few examples from Twitter: Decred is solving an imagined problem (decent response by @jm_buirski), we convince ourselves that we need governance and ticket price algo vote was not controversial, on-chain governance hurts node operators and it is too early for it, it robs node operators of their role, crypto risks being captured by the wealthy, it is a huge threat to the whole public blockchain space, coin holders should not own the blockchain.
Some responses were posted here and here on Twitter, as well as this article by Noah Pierau.

Markets

The month of May has seen Decred earn some much deserved attention in the markets. DCR started the month around 0.009 BTC and finished around 0.0125 with interim high of 0.0165 on Bittrex. In USD terms it started around $81 and finished around $92, temporarily rising to $118. During a period in which most altcoins suffered, Decred has performed well; rising from rank #45 to #30 on Coinmarketcap.
The addition of a much awaited KRW pair on Upbit saw the price briefly double on some exchanges. This pair opens up direct DCR to fiat trading in one of the largest cryptocurrency markets in the world.
An update from @i2Rav:
We have begun trading DCR in large volume daily. The interest around DCR has really started to grow in terms of OTC quote requests. More and more customers are asking about trading it.
Like in previous month, Decred scores high by "% down from ATH" indicator being #2 on onchainfx as of June 6.

Relevant External

David Vorick (@taek) published lots of insights into the world of ASIC manufacturing (reddit). Bitmain replied.
Bitmain released an ASIC for Equihash (archived), an algorithm thought to be somewhat ASIC-resistant 2 years ago.
Three pure PoW coins were attacked this month, one attempting to be ASIC resistant. This shows the importance of Decred's PoS layer that exerts control over miners and allows Decred to welcome ASIC miners for more PoW security without sacrificing sovereignty to them.
Upbit was raided over suspected fraud and put under investigation. Following news reported no illicit activity was found and suggested and raid was premature and damaged trust in local exchanges.
Circle, the new owner of Poloniex, announced a USD-backed stablecoin and Bitmain partnership. The plan is to make USDC available as a primary market on Poloniex. More details in the FAQ.
Poloniex announced lower trading fees.
Bittrex plans to offer USD trading pairs.
@sumiflow made good progress on correcting Decred market cap on several sites:
speaking of market cap, I got it corrected on coingecko, cryptocompare, and worldcoinindex onchainfx, livecoinwatch, and cryptoindex.co said they would update it about a month ago but haven't yet I messaged coinlib.io today but haven't got a response yet coinmarketcap refused to correct it until they can verify certain funds have moved from dev wallets which is most likely forever unknowable (slack)

About This Issue

Some source links point to Slack messages. Although Slack hides history older than ~5 days, you can read individual messages if you paste the message link into chat with yourself. Digging the full conversation is hard but possible. The history of all channels bridged to Matrix is saved in Matrix. Therefore it is possible to dig history in Matrix if you know the timestamp of the first message. Slack links encode the timestamp: https://decred.slack.com/archives/C5H9Z63AA/p1525528370000062 => 1525528370 => 2018-05-05 13:52:50.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
Your feedback is precious. You can post on GitHub, comment on Reddit or message us in #writers_room channel.
Credits (Slack names, alphabetical order): bee, Richard-Red, snr01 and solar.
submitted by jet_user to decred [link] [comments]

Bitcoin War Between US and China  Cryptocurrency News Bitcoin to 6k!? Why? China Wants Control of BTC!! Bitcoin: BIG PROBLEM? (China still dominates) January 3rd Bitcoin Cryptocurrency Market Update Live Bitcoin Chart Liquidation Watch: August 9 2020 - YouTube

Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $171+ Sign in. Get started. Price charts Bitcoin price. 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 ... Bitcoin's price just finished its worst performing year ever, closing 2018 at a more than 70 percent lower price than its yearly open. Bitcoin allgemeine Fakten. Bitcoin (BTC) startete im Januar 2009 seinen Genesis Block.Gegründet wurde das Open-Source-Projekt von einer unbekannten Person oder Gruppe unter dem Namen Satoshi Nakamoto.. Das Ziel von Bitcoin ist es den Benutzern zu ermöglichen, Geld zu speichern oder auf andere zu übertragen, ohne auf zentralisierte Dritte wie zum Beispiel Finanzinstitute oder Regierungen ... Bitcoincharts is the world's leading provider for financial and technical data related to the Bitcoin network. It provides news, markets, price charts and more. The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as the flagship cryptocurrency’s burgeoning inverse correlation with the S&P 500 came back to bite investors.. Bitcoin Price Careens Below $11,000. Bitcoin had entered the day trading sideways in the low $11,000s, where it had more or less languished since the Saturday sell-off that followed BTC ...

[index] [13184] [20956] [16695] [1237] [31438] [20797] [45187] [5763] [31539] [14492]

Bitcoin War Between US and China Cryptocurrency News

January 31st Bitcoin Cryptocurrency Alt Coin Market Update ... JAPAN & USA COLLABORATION to BEAT China's E-Yuan! Ethereum to 10k minimum + SEC Securities - Duration: 29:09. Digital Asset News ... The People's Bank of China has created its own cryptocurrency that is in the final stages of development. This coin, CBDC, will be targeted at retail use in stores and could become the global ... Live Bitcoin Chart Liquidation Watch: August 9 2020 TAWS GAMEPLAY 21 watching Live now Connect To Your Ascended Masters ꩜ 3333Hz 333Hz 33Hz 3Hz Super Consciousness 432Hz Divine Meditation ... Bitcoin Live Btc Price Chart Liquidation Watch Bull vs Bear Pump or Dump Bitcoin Currency Bitcoin is a cryptocurrency. It is a decentralized digital curr... Ich habe nun damit angefangen, mich mit Bitcoin auseinander zu setzen und möchte meine Erfahrungen mit Dir teilen! Im heutigen Video sprechen wir über die Gründe, warum der Bitcoin Preis sinkt ...

#