How Much Do Bitcoin Miners Make Nowadays?

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Considering overall, long term expenses and endurance (featured from the section above) are essential. Still, men and women desire to know that which sustainability appears like from the shortterm . The easy solution is that BTC sustainability (at the time recently April 20-19 ) is gloomy. That is a result of the relatively minimal significance of BTC when comparing to that of their prior bull market of 20 17. Naturally, this can continually change at any time in the event the worthiness of BTC were to grow. To place 20-19…

IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent

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IBM millionbtc.jpg

An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility.

Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019.

$5,000 in 2019, $1 Million Someday

As the discussion drew to a close, the IBM executive was asked about what he believes the price of bitcoin will be by the end of this calendar year. He opined that bitcoin could cross the $5,000 mark by the end of the year, adding that he sees bitcoin “at a million dollars someday.”

Explaining the reasons for his million-dollar forecast, Lund said, “If bitcoin is at a million dollars, then [one] satoshi is on value parity with the U.S. penny.” He is of the belief that such a valuation will give the network for the world’s most valuable digital asset a liquidity value that will exceed $20 trillion.

Lund went on to say that with so much liquidity, there is potential for a significant change to the way corporate payments are being made all over the world.

Concluding, he said, “I see maybe $5,000 at the end of the year, but I see a way higher upward trajectory.”

IBM, Stellar and Future Partnerships

During the interview, Lund also touched on some of IBM’s most recent blockchain endeavors, particularly the company’s partnership with Stellar (XLM) and how it expects to integrate the Stellar network into Blockchain World Wire (BWW), its international payment channel.

He explained:

“There’s no technical reason or technical barriers that should prevent money from flowing the same way [as information]. […] The architecture of World Wire is really a cross-border payment network, the magic of which — if you will, the novelty of it — is the ability to send payment instructions saying, ‘Hey, I’m sending you something — get ready.’ And on the other end, the receiver is making sure that who you’re sending it to is not some nefarious actor or bad actor.”

IBM is using the Stellar network with BWW as both an intermediate currency and a means through which transaction fees can be covered.

Additionally, Lund revealed that IBM is working on forging alliances with other crypto assets. The IBM executive said the company believes in a network of digital assets that can provide settlement tools to effect cross-border payments. Also, the participants in the network should have the option to make real-time choices as they please.

“It could be Ripple, and it could be Bitcoin, but it would also probably include other instruments, like stablecoins, and even eventually soon — hopefully — Central Bank–issued digital currencies,” Lund concluded.

This article originally appeared on Bitcoin Magazine.

Long Term Update: nothing new to report

XBTUSD Monthly

Source From https://btctrading.wordpress.com/2018/10/01/long-term-update-nothing-new-to-report/

btcusd
XBTUSD Monthly Chart since 2013

After several months since the last update there are no particular news, at the time I wrote that “…..My opinion is that the bitcoin will continue to remain for most of the year within the levels calculated with the KAMA (yellow) and therefore remains a good opportunity to buy the price area from 4000 to 5500 dollars…..” and my opinion has not changed since then.

I have read everywhere that the descending triangle pattern will soon tell where bitcoin will go, whether to break upwards or downwards. I can’t say which way the price will take but usually when too many investors/traders expect one thing the market has the habit of doing the exact opposite.

The bitcoin usd cross might test the 4k level for a short period of time followed by a strong upmove; a last shakeout move tends to shake out the weak hands before the next big move, many investors will be very scared in seeing the bitcoin go down to 4k usd, I do not and possibly I could decide to buy again in that price range (4000$-5200$).

To conclude it’s very important to see if the level of 5200$ will be tested and broken before year’s end, if so an interesting buying opportunity might arise. If not, then another buying opportunity might be to enter the market if bitcoin moves above the Kama monthly average now at 8650$.

 

 

The Absolute Beginner’s Guide to Cryptocurrency Investing

Guide to Cryptocurrency Investing

References are made wherever possible. All statements are based on the author’s experiences. I take pride in informing the public and helping as many as I can through sharing my experiences with my readers. That said, no one except you can take responsibility for your Cryptocurrency Investing decisions, so do think it through before investing. It would be appropriate to start this guide off with the premise that an increasing number of e-commerce stores are beginning to accept cryptocurrency payments. These stores range from vape shops, recruitment sites, clothing stores,…

Crypto cash out strategy from crypto to cash

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How to cash out cryptocurrency I’ll be sharing with you some ideas strategies and suggestions of how you can take your money from crypto out of that into other effectively hard assets so how you can exchange your Bitcoin, like onyx at your whatever your crypto is how you can exchange that from is crypto base into cash bank transfers cards gold and silver and other hard assets. They’re all the few things I’m covering in this video is not going to be a step-by-step guide it’s more of a…