Bitcoin

Analyzing Bitcoin Price Model Prediction 2020 – Could Bitcoin Price Could Hit $1 Million in 2020?

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If you’re getting fed up with all the forecasts of the bitcoin price, well, get used to it, because I’m planning to write a couple more before we go into 2020.

The digital asset has experienced a halving event every four years since the development of Bitcoin (BTC) in 2009, reducing the number of coins continuously entering the economy by half, rendering it a deflationary asset.Read More »Analyzing Bitcoin Price Model Prediction 2020 – Could Bitcoin Price Could Hit $1 Million in 2020?

Is it too Late to Buy Bitcoin? Should I Invest Bitcoin Now 2020?

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Probably the most frequently asked question by those outside the crypto community who are interested in crypto is this; am I too late to buy Bitcoin? It’s a great issue. Historically, Bitcoin has seen one of the greatest bull runs that it is likely to ever see. However, as we look at the price of Bitcoin over time, going from just dollars to $20,000.00 per Bitcoin, this concern is well founded.

It’s history, as an asset, is very interesting-like our buyers in years ago. The market, however, is very different, as is the shareholder environment.Read More »Is it too Late to Buy Bitcoin? Should I Invest Bitcoin Now 2020?

Is Miner Capitulation A Real Thing? Does This Affect Bitcoin’s Price?

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Mining is an essential and fundamental method for integrating Bitcoins into the system and a process that ensures equality while ensuring a stable, safe and secure Bitcoin network. Since Bitcoin began, the primary purpose of mining has been to enable Bitcoin nodes to reach a secure, manipulative-resistant consensus.Read More »Is Miner Capitulation A Real Thing? Does This Affect Bitcoin’s Price?

The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?

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The Bitcoin Rich List has grown over the past 12 months, or the number of addresses holding more than 1,000 BTC, possibly reflecting an influx of high-net worth investors.

According to data from Coin Metrics, the metric has recorded growth of 30% since September 2018. The figure shows a similar increase even when adjusted to exclude addresses known to belong to exchanges.Read More »The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?

Starbucks for the Cryptocurrency Payment Service of Bakkt until July 2020

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Starbucks will be the first launch of the upcoming payment service for Bakkt cryptocurrency. This comes months after reports that the coffee chain accepted direct Bitcoin payments were turned on. Now it seems obvious that the company will soon start accepting Bitcoin payments through the merchant portal of Bakkt.Read More »Starbucks for the Cryptocurrency Payment Service of Bakkt until July 2020

30% of Americans Believe the U.S. Dollar Is Backed by Gold

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Genesis Mining conducted a survey asking what support is given to the U.S. dollar. Apparently, about 30% of the U.S. public believe that gold still supports the dollar.

The Bretton Woods system came to an end in 1971, and then the USD-to-Gold convertibility was officially terminated. The dollar became a fiat currency alone, and free-floating exchange rates. Despite this occurring nearly 50 years ago, some Americans still feel that gold is somehow tied to dollars.Read More »30% of Americans Believe the U.S. Dollar Is Backed by Gold