Bitcoin (BTC) Real-Time Price Index and Chart — CoinDesk 20
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Community math time: What if the only way to buy Bitcoin was to buy from the miners because nobody who buys Bitcoin ever sells it for fiat? As we get closer to this, the price of Bitcoin will continue ever upward to new highs. Bitcoin to infinity.
I think it's a matter of time before Bitcoin is worth millions and then billions of dollars per BTC. I'm probably calling it 40-100 years ahead of time. Weak hands will lose the long game in Bitcoin. Every time a weak seller sells, a deep holder will buy it up. Eventually Bitcoin winds up in the titanium hands of true Bitcoiners who will never sell. I think this is what Michael Saylor CEO of Microstrategy was thinking. Bitcoin is the perfect system for usurping value from all other forms of money. It's a financial virus in a way. Bitcoin rewards you based on how soon you figure this out. The sooner you buy the better. And Bitcoin will always be the best long term investment no matter when you buy it. Just be patient and never sell. Bitcoin is money. Just buy stuff with it when you want to take profit. You never need to sell Bitcoin. The fewer sellers, the higher the price obviously.
Who gives a shit about the price of bitcoin... price is Irrelevant, you are going after PIPS
you can catch 1000pips whether price is up or down, all you HODL moonboyzzz care about price, price is irrelevant, hoping it reaches 100K in the next 3 days is the reason why you will be wiped out during the correction stop listening to youtube fucks, and read a book on technical analysis.
How the US Elections Have and Will Impact the Price of Bitcoin
What Happened to the Price of Bitcoin in 2012 and 2016?
Presidential elections in the United States happen every four years — and it's interesting to note that they follow the same cycle as Bitcoin halving events. Let's begin by taking a look at how Bitcoin fared in the past two U.S. elections. Back in 2012, when the crypto assets space was immature and in a very nascent phase, BTC was fairly muted when Barack Obama secured a second term, and stubbornly hovered around the $10.90 mark. Fast forward to November 2013, one year on from his re-election, and Bitcoin had surged by 2,221% to hit $253. However, it would be foolish to suggest that Obama had anything to do with this. President Donald Trump's arrival in 2016 was much more interesting. When the result was first confirmed, Bitcoin shot up by 3.8% — from $709 to $736. Back then, the short-term surge was linked to the fact that Trump's victory took the stock market by surprise — and created uncertainty and volatility internationally. This resulted in demand for safe haven assets, and Bitcoin is regarded as one of them. Shortly before the result was announced, crypto hedge fund manager Jacob Eliosoff had told Coindesk: "[If Trump wins] it would be an epic disaster in a bunch of respects — economic, geopolitical, democratic — and in the fear and chaos Bitcoin would be a defensive asset people could turn to."
How Will the U.S. Election in 2020 Affect Bitcoin?
The million-dollar (ahem, the 100 BTC) question is how digital currencies will react to the result this time. This presidential election is unusual for the markets because of how the coronavirus pandemic is dominating the news cycle. COVID could also end up affecting the speed of the result because of the volume of mail-in ballots. It's highly possible that Bitcoin could remain fairly muted throughout the election if the result is clear. But here's a disclaimer: the outcome is shaping to be anything but. Normally, the result is called by U.S. news networks in the early hours of the morning that follows the vote. But some experts are warning that ballots could take days or weeks to process this time around. All of this would create uncertainty for the U.S. dollar and the stock market, and this could contribute to a surge in demand for the likes of Bitcoin and Ethereum. Donald Trump has also suggested that he may challenge the result of the upcoming U.S. election if he believes it is rigged. This would also spook the stock market, and again would work in the favor of cryptocurrencies and precious metals. As you can see, the overarching theme here is certainty. Digital assets are unlikely to move much if there's a clear result and a peaceful transition of power — but expect turbulence if things start to get messy in Washington. It is important to stress that not everyone agrees with this idea. Recent Bitcoin news has cast doubt on whether the cryptocurrency is the safe haven asset that everyone says it is — and some analysts argue that BTC is more closely correlated to the stock market than we think. In this scenario, we could see Bitcoin move in step with equities as they digest the news. Although Wall Street thinks a Trump win is unlikely, a second term for the Republicans is regarded as the preferable option in financial terms because of how Trump favors tax cuts. Irrespective of who wins, there's going to be no shortage of crypto news...and there are so many questions to answer. Will the Fed finally start looking into CBDCs in a meaningful way? Will a stimulus package be approved? Are interest rates going to go negative? Will the USD weaken? Will Bitcoin return to its all-time high of $20,000 and embark on a new bull run? The rollercoaster ride for cryptocurrencies is far from over. https://coinmarketcap.com/alexandria/article/how-us-election-could-influence-bitcoin-prices
Some people think that a weak dollar tends to drive up the price of Bitcoin, but the dollar has materially strengthened since Bitcoin's inception in 2009. Perhaps there is a short-term correlation between the USD index and Bitcoin, but long-term, the correlation is close to 0. Hold on and carry on.
So this in how I think the price of Bitcoin is going to play out
Disclaimer: I'm not a certified financial advisor. You should not take this as an financial advice. Please make your own due diligence by doing your own research before making any investment. History has shown in any major economic crisis, there are 5 stages that will happen leading to the apocalypse (Hyperinflation). Stage 1 - Steady inflation Stage 2 - Deep Deflation Stage 3 - Higher Inflation Stage 4 - Deeper Deflation Stage 5 - Hyperinflation So, we have completed stage 1 & 2 this year and we are currently at stage 3, and slowly moving to stage 4 So, my prediction is we could go to stage 4 (deeper deflation) if the government didn't release the second stimulus package which is against the Federal reserve target of 2% inflation. But, from what I'm reading on the news the second stimulus package might be released by the end of September if agreed by the government. This will drive Bitcoin price higher and cause us to be in stage 3 for a little bit longer until end of this year. Start the year 2021, we might face the inevitable stage 4 (the deeper deflation), BTC price will drop hard and worse than this week because the real economy isn't going back to normal, no jobs, no food and no shelter. People will start to liquidate BTC assets to support their daily life needs and they will cut their spending because free money from government has stopped And by 2021, The deflation had become so bad the government had to make the old money printer once again go brrrrrrrrr to stop the economy from collapsing. And that my fellow Hodlers, will be the start of the Stage 5 (Hyperinflation). When hyperinflation happen, the one who hold real money Gold, silver and Bitcoin and hard producing assets will be safe. The one who don't will be wiped out. Are ready to ride this roller coaster? Are you ready to be launched to the Andromeda galaxy?
For this week we can expect volatility in the price of bitcoin
This Friday is the expiration of more than half of the options opened by BTC, so it is expected that many traders begin to act in the market to close their positions. We can already see that the entire market is bledding . :(
Bitcoin price historically dropped to ~ $14,000, but later that day it reaches $16,250 15 December 2017 $17,900 Bitcoin price reached $17,900 22 December 2017 $13,800 Bitcoin price loses one third of its value in 24 hours, dropping below $14,000. 5 February 2018 $6,200 Bitcoin's price drops 50 percent in 16 days, falling below $7,000. Bitcoin price today is $13,073.32 USD with a 24-hour trading volume of $23,603,626,066 USD. Bitcoin is up 0.48% in the last 24 hours. The current CoinMarketCap ranking is #1, with a market cap of $242,210,721,011 USD. It has a circulating supply of 18,527,100 BTC coins and a max. supply of 21,000,000 BTC coins. You can find the top exchanges to trade Bitcoin listed on our Bitcoin price (BTC) Add to Watchlist $ 13,070.01 +0.56%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 10:56 AM 3:06 PM 7:17 PM 11:27 PM 3:38 AM 7:48 AM. Market cap $ 242.4B. Volume (24 hours) $ 23.6B. Circulating supply 18.5 M BTC. About Bitcoin. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain ... Bitcoin and other currencies are a bit different from oranges in that they are what is called ‘homogeneous’ - one dollar is identical to another dollar, just as one Bitcoin is the same as another. Oranges on the other hand can vary in size and quality. All this means is that it’s easier to come up with a price of a currency or Bitcoin ... Der aktuelle Bitcoin-Kurs (13,025.81 $) im Live-Chart in EUR, USD & CHF im Überblick Bitcoin-Rechner Verfolge den aktuellen Kursverlauf live!
Why is the rise in the price of bitcoin inevitable? - YouTube
Time-lapse of Bitcoin's price from 2012 -5/10/2020 on Bitstamp. Song: "Marl1 - Tsewer Beta" Bitcoin Price Dump, Satoshi Ghostamoto, Coinbase Outage, XRP Thumbs Up & Atari Litecoin - Duration: 54:55. The Modern Investor 27,109 views. 54:55. WOW!!! BITCOIN ALL TIME HIGH: REALIZED CAP ... Investing in bitcoin, cryptocurrency or any other products recommended on this channel is risky AF and you’ll most likely get REKT. If that happens, you’re on your own pal, don’t so I didn ... Like. Comment. Subscribe. Bitcoin Mayer Multiple http://charts.woobull.com/bitcoin-mayer-multiple/ HODL Waves https://www.unchained-capital.com/hodlwaves/ Bi... Today we're excited to be joined by the legendary investor and VC Tim Draper who has a long history of picking winners in Silicon Valley. Join us as we discu...