Monday 31 December 2018
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Bitcoin was declared 91 times as dead this year alone, and 337 times so far. But despite the current bear cycle, data show that Bitcoin has grown more than 82,000 percent over the last seven years.
Bitcoin “died” 91 times in 2018
According to the website Bitcoin Obituaries, there were 91 publications in 2018 that announced the demise of
Bitcoin (internationally even much more). Interestingly, even in 2017, the number was 125, the number actually increased after Bitcoin reached its all-time high of about $20,000 in December. Altogether, the black painters, according to the website, Bitcoin since 2010 for 337 times declared dead. But how dead can it be if it works around the clock with near-full availability and has been operating for over a decade now?
82,000 percent growth in the last seven years
It is true that the continued bear market has been steadily adversely affecting Bitcoin price. Bitcoin is currently trading more than 80 percent below its all-time high so far. However, if you measure Bitcoin only in terms of its price in dollars, it turns out that Bitcoin not only that is not dead but has actually grown by more than 82,000 percent in the last seven years.
Bitcoin acceptance is a real
Regardless of how often the black painters have announced the sinking, so does the number of investors own or use Bitcoin. Four separate studies by the Ontario Securities Commission and the Central Bank of Canada show that three to five percent of Canadians own Bitcoin.
Another survey conducted by the market research institute YouGov revealed that up to nine percent of British residents own the cryptocurrency, while 90 percent have since heard of Bitcoin and cryptocurrencies.
In addition, the state of Ohio accepts Bitcoin for tax payments.
And for what is supposed to be “dead”, over $410 billion was transacted in 2018 over the Bitcoin network or an average of $13,000 per second (despite its falling value).
After all, this is not the first time the cryptocurrency has suffered 80 percent loss. However, as it turns out, Bitcoin came back every time and reached an even higher level.
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Bitcoin was declared 91 times as dead this year alone, and 337 times so far. But despite the current bear cycle, data show that Bitcoin has grown more than 82,000 percent over the last seven years.
Bitcoin “died” 91 times in 2018
According to the website Bitcoin Obituaries, there were 91 publications in 2018 that announced the demise of
Bitcoin (internationally even much more). Interestingly, even in 2017, the number was 125, the number actually increased after Bitcoin reached its all-time high of about $20,000 in December. Altogether, the black painters, according to the website, Bitcoin since 2010 for 337 times declared dead. But how dead can it be if it works around the clock with near-full availability and has been operating for over a decade now?
82,000 percent growth in the last seven years
It is true that the continued bear market has been steadily adversely affecting Bitcoin price. Bitcoin is currently trading more than 80 percent below its all-time high so far. However, if you measure Bitcoin only in terms of its price in dollars, it turns out that Bitcoin not only that is not dead but has actually grown by more than 82,000 percent in the last seven years.
Bitcoin acceptance is a real
Regardless of how often the black painters have announced the sinking, so does the number of investors own or use Bitcoin. Four separate studies by the Ontario Securities Commission and the Central Bank of Canada show that three to five percent of Canadians own Bitcoin.
Another survey conducted by the market research institute YouGov revealed that up to nine percent of British residents own the cryptocurrency, while 90 percent have since heard of Bitcoin and cryptocurrencies.
In addition, the state of Ohio accepts Bitcoin for tax payments.
And for what is supposed to be “dead”, over $410 billion was transacted in 2018 over the Bitcoin network or an average of $13,000 per second (despite its falling value).
After all, this is not the first time the cryptocurrency has suffered 80 percent loss. However, as it turns out, Bitcoin came back every time and reached an even higher level.
Sunday 30 December 2018
Saturday 29 December 2018
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Friday 28 December 2018
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Thursday 27 December 2018
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Wednesday 26 December 2018
Free Bitmex Trading Signals & Bitmex Trading Bots: Free Cryptocurrency Trading Signals Crypto Signals - Apps on Google Play
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UAE May Be Next Blockchain Business Hub
UAE May Be Next Blockchain Business Hub: UAE May Be Next Blockchain Business Hub
UAE May Be Next Blockchain Business Hub
UAE May Be Next Blockchain Business Hub: UAE May Be Next Blockchain Business Hub
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t.me/btctradingclub Crypto Trading Signals Auto Trading BOT & Crypto Trading APPS: Binance is Most Trusted Crypto Exchange Despite Li...
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Binance is Most Trusted Crypto Exchange Despite Light Regulation” says Su Zhu
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Three Arrows Capital CEO, Su Zhu recently said that Binance, the world’s major crypto exchange is the most trusted exchange amongst investors in the crypto community.
Zhu responded to a poll ran by a small crypto exchange on Twitter and said that Binance a lightly regulated exchange has become the most trusted crypto exchange amongst the real users. He further added that one cannot build trust by obtaining government licenses or rubber stamps.
In most of the sectors, regulators impose some strict limitations on crypto trading to avert the use of crypto assets in money laundering and illicit acts. Even if the main platform of the world’s largest crypto exchange focuses on pure crypto-to-crypto trading, it also runs some strictly regulated fiat-to-crypto exchanges in Uganda. And it is soon going to operate one in Singapore with the support of local banks and Singaporean authorities.
Binance especially benefits from the crypto-friendly rules that Malta has imposed to facilitate the development of a local crypto market. Yet as a Europe country, Malta also has some determined financial rules and policies that the crypto exchange have to follow.
Key Focus on Security and Investor Protection
Ever since Binance was launched, it has always focused on security and investor protection. And even today, Binance remains to be in a reputable group of crypto exchanges besides Coinbase and a few other exchanges that have not suffered any sort of security breach and hacking attack since the launch.
Nevertheless, the trust that actual traders and investors have on Binance likely comes from the track record of the firm and the systematic communication betwixt the exchange’s officials and the community.
Binance CEO, Changpeng Zhao is well known for providing frequent updates about potential updates, announcements and changes related to the exchange. For instance, when previously Binance ran an important server and database updates, the CEO and the team of the exchange provided hourly updates, assuring that the investor’s funds remain safe on the platform.
And without any sort of regulatory pressure, the exchange voluntarily collaborated with a blockchain data analysis firm called Chainalysis that monitors transactions and wallets involved in criminal and fraudulent acts.
However, for major exchanges that take steps to prevent the use of crypto assets in illicit acts and which are well equipped with strong internal management systems, a self-regulatory status can be considered to offer regulatory clemency to the swiftly developing crypto market.
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Three Arrows Capital CEO, Su Zhu recently said that Binance, the world’s major crypto exchange is the most trusted exchange amongst investors in the crypto community.
Zhu responded to a poll ran by a small crypto exchange on Twitter and said that Binance a lightly regulated exchange has become the most trusted crypto exchange amongst the real users. He further added that one cannot build trust by obtaining government licenses or rubber stamps.
In most of the sectors, regulators impose some strict limitations on crypto trading to avert the use of crypto assets in money laundering and illicit acts. Even if the main platform of the world’s largest crypto exchange focuses on pure crypto-to-crypto trading, it also runs some strictly regulated fiat-to-crypto exchanges in Uganda. And it is soon going to operate one in Singapore with the support of local banks and Singaporean authorities.
Binance especially benefits from the crypto-friendly rules that Malta has imposed to facilitate the development of a local crypto market. Yet as a Europe country, Malta also has some determined financial rules and policies that the crypto exchange have to follow.
Key Focus on Security and Investor Protection
Ever since Binance was launched, it has always focused on security and investor protection. And even today, Binance remains to be in a reputable group of crypto exchanges besides Coinbase and a few other exchanges that have not suffered any sort of security breach and hacking attack since the launch.
Nevertheless, the trust that actual traders and investors have on Binance likely comes from the track record of the firm and the systematic communication betwixt the exchange’s officials and the community.
Binance CEO, Changpeng Zhao is well known for providing frequent updates about potential updates, announcements and changes related to the exchange. For instance, when previously Binance ran an important server and database updates, the CEO and the team of the exchange provided hourly updates, assuring that the investor’s funds remain safe on the platform.
And without any sort of regulatory pressure, the exchange voluntarily collaborated with a blockchain data analysis firm called Chainalysis that monitors transactions and wallets involved in criminal and fraudulent acts.
However, for major exchanges that take steps to prevent the use of crypto assets in illicit acts and which are well equipped with strong internal management systems, a self-regulatory status can be considered to offer regulatory clemency to the swiftly developing crypto market.
Tuesday 25 December 2018
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Free Bitmex Trading Signals & Bitmex Trading Bots: How Will The U.S. Government Shutdown Affect Crypt...
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Free Bitmex Trading Signals & Bitmex Trading Bots: Coinbase Makes Usd 5 Billion Crypto Transfer in Hi...
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Investing In Cryptoassets Will Be Safer With Insurance Innovation – freecryptosignals
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Monday 24 December 2018
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Sunday 23 December 2018
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Saturday 22 December 2018
Friday 21 December 2018
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