3 Things You Need Before Adopting a Blockchain System – Our Guide

Blockchain technology has taken the world by storm in the . It has given rise to different cryptocurrencies and other innovative tools that have revolutionised the way we do business. has a lot of backlash surrounding blockchain technology, as many are sceptical its practicality, safety, and effectiveness.  This has made […]
Source: bitcoinwarrior
3 Things You Need Before Adopting a Blockchain System – Our Guide

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How Long Before Debts Are Written Off?

According to FINRA’ 2015 NFCS survey, 40% of people spend less they earn, 38% live from paycheck to paycheck. They can live within their means. But 18% spend they make and therefore live in debt. stevepb / Pixabay And the numbers it all. The Reserve’s Consumer Credit G.19 Report […]
: bitcoinwarrior
How Long Before Debts Are Written Off?

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Litecoin Drops Before Its Halving On August 5; Will The Bearish Sentiment Continue?

The cryptocurrency market, with the exception of Bitcoin, (BTC) has falling during the days. Litecoin (LTC) has been included in the list of digital assets […]

The post Litecoin Drops Before Its Halving On August 5; Will The Bearish Sentiment Continue? appeared first on UseTheBitcoin.


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Litecoin Drops Before Its Halving On August 5; Will The Bearish Sentiment Continue?

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Buy Libra Before it Becomes Real! The Scammers Say…

Buy Libra Before it Becomes Real! The Scammers Say...

Now that Libra has generated the buzz that we’ve been expecting it to, the scammers have started to come of the woodworks to do thing again.

Scammers have come out online to create pages, ads and in the most extreme cases videos actually selling Libra.

These fraudulent offers then direct the unsuspecting victims to fake websites where they fill in their details and BOOM! Peoples’ information gets stolen.

This presents several bad omens for the crypto space.

Trust Remains Scarce

Many people simply don’t trust that has to do with blockchain tech and cryptocurrencies due to the many scams that occur regularly.

Lack of knowledge on how to identify scams in the first place is central.

People need to know how to identify legitimate opportunities which they can take advantage of.

Facebook is Still Vulnerable

Because the guys at Facebook still don’t have a robust system for monitoring scams, the introduction of Libra will perpetuate a wave of even more scams.

The experimental bubble that the staff at the social media platform limits a real-World approach.

While some may want to trust Libra, most won’t be able to because the platforms upon which Libra will be used are open to abuse.

Big Tech is under scrutiny

Worldwide, many are beginning to question the huge power that the company has appropriated for itself.

The tech giants of our know more about us than we know about ourselves, governments know this and are trying to curtail their newfound superpowers.

The EU and the US are at the forefront of such investigations.

Centralization will always be a problem

Peer to peer technology is the crux of blockchain systems, Without it, cryptocurrencies simply won’t exist. As such, Libra has to figure out what it really is.

Now that Facebook has decided to become a Country of its own, minting its own money, we all have to figure out what to do with it.

Have you been a victim of fake Libra online scams? Tell us about it in the comments below!

The Buy Libra Before it Becomes Real! The Scammers Say… appeared first on ZyCrypto.


: zycrypto
Buy Libra Before it Becomes Real! The Scammers Say…

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Bitcoin Is Consolidating Before Its Next Move Higher Says Michael Novogratz

Bitcoin Is Consolidating Before Its Next Move Higher Says Michael Novogratz submitted by /u/andix3
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Bitcoin Is Consolidating Before Its Next Move Higher Says Michael Novogratz

(BTC) be its next move higher. This is to a recent that Michael Novogratz, the former hedge fund manager, wrote a few […]

The post Bitcoin Is Consolidating Before Its Next Move Higher Says Michael Novogratz appeared first on UseTheBitcoin.


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Bitcoin Is Consolidating Before Its Next Move Higher Says Michael Novogratz

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Bitcoin at $30000 Before Pullback – Morgan Creek CEO Hints Bitcoin’s Next Move

Another big on is here. CEO of Morgan Creek Capital, Yusko predicts that the value of Bitcoin can up to $30000 before the next major pullback. In a recent interview with CNBC, the investment adviser, Yusko states that Bitcoin’s upcoming major move can be $30000 before another correction. Besides that, […]
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Bitcoin at 000 Before Pullback – Morgan Creek CEO Hints Bitcoin’s Next Move

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Before Kraken was an exchange, it was a virtual goods market forum. In 2012 they had a competition for a new logo, prize was 175 BTC. Weird to look back at..

Before Kraken was an exchange, it was a virtual goods market forum. In 2012 they had a competition for a new logo, prize was 175 BTC. Weird to look back at.. submitted by /u/Anything4Bitcoin
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Before Kraken was an exchange, it was a virtual goods market forum. In 2012 they had a competition for a new logo, prize was 175 BTC. Weird to look back at..

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The State Of Bold Bitcoin Price Predictions For 2019 End

bitcoin price prediction 2019

With half of 2019 already gone, here is a look at how the customary Bitcoin price forecasts have fared.


First Half of 2019 for Bitcoin

On the calendar, 2019 comes 2018 but in crypto history, the year will undoubtedly be of far greater significance. Reason? Well, 2018 was something of a long winter for virtual currencies with prices falling by more than 80% across the board.

Many commentators had spent 2018 providing extremely price predictions on the back of a bullish late 2017 run. Bitcoin fell from $19,800 to $3,100 and altcoins saw red.

Perhaps in 2018, people wouldn’t be so eager to offer price forecasts, but alas they were. Not at first though because the Q1 2019 saw not much excitement in the market.

When not releasing their pseudo-cryptocurrency, JPMorgan spent Q1 2019 calling BTC at $2,400 fair value and saying the top- crypto was only useful in a dystopia. From a price action perspective, it was dull until April Fool’s day.

April 1, 2019, triggers a full-blown rally that sees bitcoin cross $4,000, topping out at $8,000 a month-and-a-half later. Since then, it has been upwards with a few 30% declines along the way, and BTC is up 220% in the first half of 2019.

In Q1 2019, commentators seemed prepared to stick to talking points like fundamentals without giving price forecasts. Since April Fool’s day, however, the price bets have come out in force.

Bitcoin YTD

From $10,000 to $40,000

Perennial bitcoin price forecaster Tom Lee of Fundstrat Global Advisors has moved from a conservative $10,000 to a more bullish $40,000 forecast in the space of three months. To be fair to Lee, he always did say 2019 would be positive for bitcoin.

The Fundstrat chief’s $10,000 prediction came to pass in June 2019. With the $10K mark attained, Lee believes this price milestone will trigger a FOMO-driven hype among retail investors taking BTC to $40,000 before the end of the year.

Others like Max Keiser also predicted that bitcoin would hit $10,000 back when the rise $6,400 was still the 2019 high. Before any of these price calls, however, Weiss Ratings did say BTC would reach a new ATH in 2019.

Like Lee, Keiser also upped -term price bet from $10,000 to $28,000 at the end of May 2019. Keiser based his forecast on the situation in Europe saying BTC will set a new ATH in 2019.

For Keiser, the main goal isn’t even a new ATH but a six-digit price valuation that takes bitcoin’s market capitalization into the trillion-dollar arena on similar levels with commodities like gold.

Beyond 2019

Some commentators also added to the list of future price calls. The stock to flow, price models, predicts a BTC price of $55,000 by 2020.

The 2020 halving constitutes an integral part of many of these new future price bets with the expectation of BTC continuing its advance in the lead up to the block reward halving.

As always, there are the naysayers, “bitcoin is going to zero” brigade whose forecasts end up being more laughable than Lee’s $25k end-of-year price call for 2017. JPMorgan says BTC is overpriced, Nouriel Roubini, like a record never fails to bring up the $0 prediction.

What is your end of year price forecast for Bitcoin? us know in the comments below.


Images via Tradingview

The post The State Of Bold Bitcoin Price Predictions For 2019 End appeared first on Bitcoinist.com.


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The State Of Bold Bitcoin Price Predictions For 2019 End

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Bitcoin (BTC) In A Pole Position To Soar After Trump’s Recent Remarks

  • Bitcoin (BTC) bulls are firm, adds 4.2 percent
  • Slashing rates and weakening the USD is bullish for BTC

Because of Trump’s pressure on the Federal Reserve, the central could end up cutting interest rates. According to Pompliano, a lax monetary policy could see capital flow to Bitcoin. In turn that will lift prices toward $100,000 by 2021.

Bitcoin Price Analysis

Fundamentals

There is a direct correlation between Bitcoin price expansion and global economic turmoil. A slip in the latter causes a sporadic rise in the other, and there is evidence.

With different jurisdictions applying different monetary policies fitting for the stability of their economy and fiat currencies, President Trump is concerned about the US position when it comes to protecting the greenback.

While the USD is a reserve currency influenced mostly by supply-demand forces, he claims otherwise for the Euro and the Chinese Yuan.

In a tweet, he calls for the US to “match the currency manipulation game”:

“China and Europe playing big currency manipulation game and pumping money into their system in order to compete with the USA. We should MATCH, or continue the dummies who sit back and politely watch as other countries continue to play their games – as they have for years.”

doubt, should there be punitive tariffs imposed on the EU while the Federal Reserve slash fund rates, Bitcoin stands to gain as a safe haven. If anything, that would be the perfect primer for a bullish that could see the asset blast to $100,000 by 2021 as per Pompliano projection:

“In August of last year, I predicted Bitcoin would go down to $3,000 before returning to $10,000. It essentially did that […] now I think it’s going to $100,000, but […] there will be more volatility: there will be parabolic runs like we saw in and then there will be 20-30 percent drawdowns from that.”

Candlestick Arrangement

Bitcoin BTC

At the time of writing, BTC is down 9.2 percent from last week’s close. However, gains in the past 24 hours are modest to say the least. Building on the double bar bull reversal pattern from the middle Bollinger Band (BB), bulls have a chance.

Although a conservative approach will be to initiate long positions prices rally above $14,000, aggressive traders can buy the dips. All this is to yesterday’s upswing confirming bulls of July 1st and 2nd.

Unless otherwise there is a counter candlestick wiping out gains of July 3, buyers are in pole position to build on April through to June momentum.

Technical Indicators

Even if June 27 candlestick is visible, June 26 bull bar leads this trade plan. Any form of price volatility forcing BTC prices above $14,000 and June 26 high must be with high trade volumes exceeding 82k. Similarly, a counter candlestick wiping out gains of July 3 as BTC crumble below $9,500 must ideally be with high participation.

Chart courtesy of Trading View. Image Courtesy of Shutterstock

The post Bitcoin (BTC) In A Pole Position To Soar After Trump’s Recent Remarks appeared first on NewsBTC.


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Bitcoin (BTC) In A Pole Position To Soar After Trump’s Recent Remarks

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