Cryptocurrencies like Bitcoin have become widely popular around the world. Initially it was believed that crypto currencies like Bitcoin would fade away as fast as they appeared. It was also believed that it was something that would be great for speculators who want to make a quick buck, or […] Click here to view original web page at oracletimes.com
Throughout the next week of April, Bitcoin.com published a brand new multi-level (PoS) agency named Bitcoin Cash Merchant
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…
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.
$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.
“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.
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$.
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,…
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…
Twitter Facebook LinkedIn What a difference a few months can make. It seems like a lifetime ago that Arthur Hayes, CEO of cryptocurrency derivatives platform BitMEX, predicted that the bitcoin price could reach $50,000 in 2018. In fact, it has been less than six months, though the events that have occurred during that interlude have been sufficient for Hayes to slash his short-term crypto forecast by more than 95 percent. CCN reported earlier this week that Hayes, a former Citigroup trader, is now predicting that the bitcoin downtrend…
Seth takes a moment to share a commercial he recently saw that explains what Bitcoin is and how it works. » Subscribe to Late Night: http://bit.ly/LateNightSeth … source
The commercial real estate (CRE) industry is comprised of many different types of service providers, including property management, brokerage firms, banks, and other types of lenders. When a CRE transaction takes place, there are various operators involved, requiring extensive sharing of official property documents, and financial information which need to be validated. The requirements for validating all information across all parties slows down the speed of each transaction, which can take weeks and months to complete. Many CRE firms have turned to blockchain to speed up execution times, decrease error…