#1 Simple Bitcoin Price History Chart (Since 2009)
#1 Simple Bitcoin Price History Chart (Since 2009)
How Much Does It Cost To Buy One Bitcoin? BTC Wires
BitCoin One price today, BTCONE marketcap, chart, and info ...
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
If an influx of some $100 million moves the price of one Bitcoin with a $1000.........
I saw this on Zero Hedge: Oliver von Landsberg-Sadie, chief executive of London-based cryptocurrency firm BCB Group, said the move was likely triggered by an algorithmic order worth about $100 million spread across major exchanges - U.S.-based Coinbase and Kraken, and Luxembourg-based Bitstamp. "There has been a single order that has been algorithmically-managed across these three venues, of around 20,000 BTC,” he said. “If you look at the volumes on each of those three exchanges – there were in-concert, synchronized, units of volume of around 7,000 BTC in an hour”. So there was an influx of some $100 million that caused Bitcoin to rise $1000 a coin. Yes I guess it triggered some shorts to be covered etc.. But an influx of $100 million is just a small amount when looking at some budgets. Russia is roughly buying a million ounces of gold each month, that's more than one billion $. What if Russia decided to invest half of that money next month into Bitcoin... If it would only have the same effect of that $100 million influx Bitcoin would rise $5000 a coin. What if Russia would do that the coming 12 months? What if China decided to join after some months, what if they would double that amount. You can bet other countries wouldn't be just watching and see where the price would go to. Nor would the average investor and others. It will simply be a waterfall of countries, investors, companies and normal people who will blindly jump in and the absurd price movements would make December 2017 look like a minor spike on the charts. Wishful thinking, absurd, dreaming you say? Well guess what I was told halfway 2017 when I said I expected Bitcoin to be worth more than $10k within 5 years time. How could I know it would be double that prediction in only 6 months... It's simple math, if governments, pension funds, investors, etc will just be toe tipping into Bitcoin, the price movements will be so big that December 2017 will look like a warmup party. There will be so many spikes like today, and bigger, for such a long time it will be on every news outlet, in each newspaper, be talked about at every coffee machine, and here at reddit we will see people go crazy like never before. At this moment it's still a gamble if this will work out let alone when, so invest only what you are willing to loose. But once it gains momentum don't think you will have much time left to start learning about it, setup an account, start accumulating. I simply don't see any other escape from the devastating fiat ponzy we are in right now. It will be both the realization of the worthlessness of fiat combined with the insight that Bitcoin is different that will cause an unstoppable wealth transfer. When will you start to see it, start to believe in it, start to transfer your wealth into Bitcoin? At 10k, at 100k? Why don't you think out a plan, make up your mind about what would convince you Bitcoin isn't some scam? At what price level would you think it is safe to gamble/invest 1% of your wealth into it, when to invest 10% of your wealth in it? Would you be ready if the first pension fund announced it invested in it, or if a small country would admit it put some of it's reserves into it? Just think about it, make a plan, be ahead of the herds. The next ath will probably take the price to a level where an average family will have a very hard time to just get 1 Bitcoin, but could easily take it to levels it will just become impossible. Even if after that ath it would drop again with 70-80% it will very likely be way above the current price. And if you would go and explore above samples and realize how much money will be involved it's hard to imagine it will ever again reach current levels once those gates are opened. Compare it to what it would take to invest $5k right now. I try to explain I think it's a bigger risk to have no exposure at all than to miss out if Bitcoin would succeed. Don't go crazy with your exposure, but investing some money you can miss, to me that is more sound than dismissing Bitcoin all together. Don't just believe what i say, learn what Bitcoin is how it works, make sure you understand where you put your hard earned money into. But start learning today, you won't be able to go back in time.
The transition from one-time buyer to full-time sat-stacker is an under-appreciated aspect of the Bitcoin community. This conviction from individuals attracts more users in recurring waves due to the magic of price signals.
Hal Finney speculated early on that Bitcoin may reach $10 million per Bitcoin one day. I believe that speculation has now become an inevitability.
In 2020, one of the most popular investments in the financial world has been cryptocurrencies such as Bitcoin. In 2017, most cryptos increased their prices several times over, and now it’s high time to consider what virtual currencies deserve attention in 2020.
The transition from one-time buyer to full-time sat-stacker is an under-appreciated aspect of the Bitcoin community. This conviction from individuals attracts more users in recurring waves due to the magic of price signals. (x-post from /r/Bitcoin)
Discover a one stop shop for all of your trading needs.Join eToro and trade a wide variety of markets in one portfolio – in one app. 3. Bitcoin Price Prediction Bitcoin Price Analysis. What drives the estimation of BTC today? As we examined before, the bull case for Bitcoin relies on a couple of key columns. There’s the advanced gold ... Bitcoin Price reached a new high, reaching US$1,402.03 on 1 May 2017, and over US$1,800 on 11 May 2017. On 20 May 2017, the price of one bitcoin passed US$2,000 for the first time. May–June 2017: $2,000 — $3,200+ Bitcoin Price reached an all-time high of $3,000 on 12 June and is oscilating around $2,500 since then. As of 6 August 2017, the ... About BitCoin One. BitCoin One price today is $0.000063 USD with a 24-hour trading volume of not available. BitCoin One is up 0.54% in the last 24 hours. The current CoinMarketCap ranking is #3334, with a market cap of $863.57 USD. It has a circulating supply of 13,757,695 BTCONE coins and the max. supply is not available. Unlike fiat currencies however, there is no official Bitcoin price; ... Satoshi is thought to hold one million bitcoins or roughly 4.75% of the total supply (of 21 million). If Satoshi were to dump these coins on the market, the ensuing supply glut would collapse the price. The same holds true for any major holder. However, any rational individual seeking to maximise their returns would ... Last year everyone was going bonkers for Bitcoin, and that’s no surprise, seeing as how the number one cryptocurrency had an absolutely explosive price performance in 2017. Things have cooled off in 2018 as prices fell significantly, however many are still bullish about Bitcoin’s long-term potential.
Bitcoin - What Is The Cost Of Mining? In this video I explain Bitcoin mining, the costs involved & whether it puts a floor in the price of Bitcoin & other cryptocurrencies. Many people wonder how the price of Bitcoin is calculated, but it’s important to remember that it works no different than it would with other currencies or objects. Let’s first look at how the ... What is the Bitcoin price and value... we all want to know what the latest Bitcoin price is. Watch this video and see the Bitcoin price progress over the years since the inception of Bitcoin. Bitcoin Cost & Price Bitcoin Today & Bitcoin Money & Bitcoin Value in Dollars & Bitcoin Account. bitcoin companies bitcoin conversion rate bitcoin cost bitco... bitcoin is finally breakout from the long lasting down trend channel. Could this be a new begging in bitcoins price? I will address this question in this vid...