This is nice, real nice! It is great to hear good news
Looking forward to see the ATLANT spreadsheet on friday!

$31 Million Tether Hack Linked to 27,000 BTC in Previous Bitcoin Exchange Thefts

A wallet associated with this week’s $31 million Tether hack has been linked to previous bitcoin exchange thefts numbering in the tens of thousands of bitcoins.

As CCN reported, the Tether development team revealed yesterday that its hot wallet had been hacked for $31 million in USDT, an Omni-based token that is pegged to the U.S. dollar at a one-to-one ratio.

Reddit user SpeedflyChris began looking into the bitcoin addresses associated with the theft, and using WalletExplorer — a smart Bitcoin block explorer that groups individual addresses into clusters to identify likely wallet ownership — he discovered a link between the wallet used to empty the Tether address and the wallets that had been used to during the 2015 hacks of bitcoin exchanges Bitstamp and Huobi.

Apparently, the address that had been used during the Tether hack had received .01 BTC shortly before the hack. The sender of that transaction had recently received coins from this wallet, which was created in 2015. This is where things start to get interesting.

This same wallet was first used to steal more than 18,500 BTC — worth $5 million then but more than $150 million today — from Bitstamp in January 2015. Months later, this wallet sent 174 BTC to a wallet that had also received funds from the wallet used to empty Huobi’s hot wallet following an 8,500 BTC hack in December 2015; those funds are now worth $70 million.

SpeedflyChris told CCN that he stumbled upon the link between the hacks by accident.

    “I actually wasn’t looking for it at all which is the crazy thing. It looks like they transferred 0.01BTC to the wallet they were going to move the 30 million tethers to several hours before, presumably so that they would have BTC in the wallet to pay the fees to move those stolen tethers afterwards. In the end the Tether wallet had a little over 5BTC which they took as well so they actually didn’t need to do that at all,” he said.

He said that what surprised him most about the Tether hack is how brazen the hacker was about linking wallets used in multiple hacks together, irrespective of the powerful blockchain analytics tools that can be used to unmask wallet owners. Amazingly, he also linked these wallets to a series of LocalBitcoins transactions, meaning that whoever was using this LocalBitcoins address in 2015 is almost certainly the hacker.

    “Bizarrely, they transferred those coins over using a wallet linked to the Bitstamp hack, which lead me down the rabbit hole somewhat and from there all of the transactions fell into place. Then, if you look at how the Bitstamp and Huobi funds were moved around afterwards they went to the same wallets, and were then split up with a lot of the coins being moved to BTC-e mostly in batches of 1000. 1000BTC of it was passed through a wallet that had previously been used for depositing at LocalBitcoins as well months prior,” he continued.

Consequently, he believes that the hacker — who has now apparently stolen at least $250 million worth of funds in today’s dollars — is “not particularly concerned about chain analysis, or they’re just totally ignorant of how powerful a tool it is.”


Source: https://www.cryptocoinsnews.com/31-million-tether-hack-linked-to-27000-btc-in-previous-exchange-thefts/

Bitcoin Will “Never” be Legalized in Russia, Claims Minister

Russia’s minister for communications and mass media has opined that the country will never allow cryptocurrencies like Bitcoin to be legalized.

Speaking to reporters in Moscow on Monday, Russian minister Nikolai Nikiforov claimed the country’s laws would never consider bitcoin as a legal cryptocurrency after deeming it a “foreign project.”

According to TASS, the country’s largest news agency wholly owned by the Russian state, Nikiforov stated:

    "Bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation.

The Russian official went on to add that the government was open to digital cryptographic tokens through ICOs and bitcoin’s underlying technology, the blockchain. “However, I think that it is quite possible to use blockchain technology and the use of various digital tokens,” he added.


In late 2015, Nikiforov publicly spoke toward the “necessity to explore the use of blockchain technology in the best interests of the public.” The Russian official claimed the innovation can help both the national economy and “relations between the state and the public.”

Nikiforov’s aversion to the world’s first and most prominent cryptocurrency hasn’t stopped the official from revealing the state’s intent to issue its own cryptocurrency, dubbed the ‘cryptoruble’. The state-issued cryptocurrency will be developed and issued “quickly”, Nikiforov said, following a meeting between Moscow’s elite and Russian president Vladimir Putin last month.

While Russian authorities have long adopted a hostile stance toward decentralized cryptocurrencies like bitcoin, ICOs and blockchain technology have seen far less scrutiny. In late October, Putin ordered ministries to develop a regulatory framework for initial coin offerings (ICOs) and cryptocurrency mining operations in the country. Last week, a senior Russian central bank official threw his support for ICOs, underlining their “huge potential” for financing startups in the country.


Source: https://www.cryptocoinsnews.com/bitcoin-will-never-considered-legalization-russia-claims-minister/

Bitcoin Price to End Year at $10,000: Mike Novogratz

Billionaire trader and legendary hedge fund manager Mike Novogratz says that the bitcoin price will reach $10,000 before the end of the year.

Novogratz: Bitcoin Price to Reach $10,000 This Year

Novogratz, a former Fortress manager, made this bullish prediction in an interview with Bloomberg on Tuesday. He explained that bitcoin has value for the same reasons that gold does: scarcity, distrust of the central banking system, and consensus.

Previously, Novogratz has stated that he believes mainstream financial firms are preparing to make a splash in the bitcoin markets and ecosystem. In October, he said that this Wall Street “herd” will carry the bitcoin price to $10,000 within six to 10 months. However, the bitcoin price has already increased approximately $3,000 since then, making him confident that bitcoin will reach the five-figure mark by the end of 2017.

    “The institutionalization of this space is coming. It’s coming pretty quick.,” he said recently.

Standpoint Research founder Ronnie Moas has made a similar revision to his market forecast in response to increased Wall Street interest in bitcoin, raising his 2018 bitcoin price target to $14,000 from $11,000.


Crypto Revolution in ‘Second or Third Inning’

Responding to the recent market volatility associated with the $31 million hack of Tether, a USD-pegged Omni token that serves as a substitute for cash on many cryptocurrency exchanges, Novogratz explained that traders are nervous about losing the massive profits they have accumulated during bitcoin’s yearlong bull run. Consequently, they react skittishly at every potential market hiccup, even though the bull run has a long way to — $5 trillion according to an estimate he made earlier this year — before it reaches true bubble status.

    “We’re in the second or third inning of this revolution,” he said. “Because prices have moved so far people are nervous. You made a whole lot of money, there’s news, so you want to book your profit and get out.”

Novogratz also told Bloomberg that investors have been “receptive” to his creation of Galaxy Investment Partners, a $500 million crypto-hedge fund — the largest of its kind — that will invest exclusively within the blockchain space. He is staking at least $100 million of his own capital in the fund, and he hopes to raise $350 million to $400 million from external investors by the first quarter of 2018.


Source: https://www.cryptocoinsnews.com/bitcoin-price-end-year-10000-mike-novogratz/

Maybe Bitcoin Isn’t Untouchable at J.P. Morgan After All

J.P. Morgan weighs helping clients trade bitcoin futures, despite CEO Jamie Dimon’s criticism of the cryptocurrency

J.P. Morgan Chase & Co. Chief Executive James Dimon has said that if any of the bank’s traders bought or sold bitcoin, he would “fire them in a second.”

But that isn’t stopping the bank from looking at business opportunities in the planned bitcoin-futures market. CME Group Inc., Chicago-based exchange operators, is seeking to launch bitcoin futures by the end of this year, subject to regulatory approval.


Source: https://www.wsj.com/articles/maybe-bitcoin-isnt-untouchable-at-j-p-morgan-after-all-1511289925?mod=djemalertTECH

JPMorgan reportedly getting into bitcoin futures trading even though Dimon believes it is a fraud

   - "J.P. Morgan is considering whether to provide its clients access to CME's new bitcoin product through its futures-brokerage unit,"
      the Wall Street Journal report said citing a person familiar with the situation.
   - JPMorgan CEO Jamie Dimon has called the digital currency a "fraud" and said people who invest in it are "stupid."

Despite JPMorgan Chase CEO Jamie Dimon's outspoken criticism on the viability of bitcoin as an investment, the bank is looking at allowing its clients to trade bitcoin futures, according to a Wall Street Journal report.

"J.P. Morgan is considering whether to provide its clients access to CME's new bitcoin product through its futures-brokerage unit," the report on Tuesday said citing a person familiar with the situation.

CME announced last month it plans to launch bitcoin futures in the fourth quarter, pending regulatory review.

Dimon has called the digital currency a "fraud" and on multiple occasions hinted that he believes it is a bubble that will crash.

"If you're stupid enough to buy it, you'll pay the price for it one day," Dimon said at a conference just last month.

The outspoken CEO does believe the technology backing bitcoin, blockchain, is valid and the bank is experimenting with uses of that code. However, given his past comments on the digital currency specifically, it's surprising JPMorgan would be moving forward with plans to allow clients to trade in it through the bank.

The price of bitcoin rose slightly to $8,250 Tuesday. It surpassed the $8,000 level for the first time Sunday, according to data from industry website CoinDesk. The digital currency is up more than 700 percent so far this year.

JPMorgan Chase did not immediately respond to a voice mail request for comment.


Source: https://www.cnbc.com/2017/11/21/jpmorgan-reportedly-getting-into-bitcoin-futures-trading.html

Bitcoin Will Lead to the Rise of State Cryptocurrencies: Citigroup CEO

In an interview with Bloomberg at The Year Ahead summit in New York, Citigroup CEO Michael Corbat recently predicted that bitcoin’s threat to the financial system will lead to state-sponsored digital currencies, as governments will have no choice.

According to the CEO, governments won’t take the disruption bitcoin and other cryptocurrencies can cause and are going to answer with their own digital currencies. He notably stated:

    “I don’t think governments are going to take lightly other people coming in and potentially disrupting their abilities around data, around tax collection, around money laundering, around know-your-customer.”

Corbat’s perspective comes at a time in which bitcoin’s mainstream adoption continues, and the cryptocurrency’s price surges past $7,200, according to data from CoinMarketCap. Focusing on bitcoin’s ability to bypass various protections financial institutions built, Corbat added that we’re likely going to see governments introduce digital currencies of their own – he noted that “cryptocurrencies” would be a bad moniker for these state-sponsored tokens.

During the interview, Corbat encouraged people to buy cryptocurrencies and to try and use them on their everyday lives, only to find they are still “pretty clunky.” However, just like most Wall Street executives, Corbat argued that the underlying blockchain technology has potential and shouldn’t be dismissed.

Corbat’s bank, Citibank, is experimenting with its own cryptocurrency, dubbed Citicoin, which is meant to reduce friction in foreign exchange transactions throughout the world. According to Bloomberg, it’s also partnered with Nasdaq to use blockchain technology in private share trading.

Other Wall Street executives have been dismissive of bitcoin and cryptocurrencies. These include JP Morgan’s Jamie Dimon, who called bitcoin a “fraud,” billionaire investor Warren Buffet, who warned it was a “real bubble,” and Credit Suisse CEO Tidjane Thiam who said it was the “very definition of a bubble.”

While others have stated they weren’t willing to immediately dismiss the cryptocurrency, and stated that it was “more than just a fad,” Michael Corbat’s reviews are unique as he made it clear they were a threat to the current financial system. Corbat stated:

    “You won’t hear us be dismissive in terms of the nascent technology because it’s real and there is something there.”


Source: https://www.cryptocoinsnews.com/bitcoin-will-lead-rise-state-sponsored-cryptocurrencies-citigroup-ceo/

With CME’s December Futures Launch, Can Bitcoin Price Hit $10,000 This Year?

CME Group, the largest options exchange in the global finance sector, has announced December 10 as the official launch date for its bitcoin futures trading platform. Analysts expect the bitcoin price to surpass $10,000 upon the launch of CME’s bitcoin futures exchange.

Earlier this month, several highly regarded financial analysts including RT’s Max Keiser and billionaire hedge fund investor Mike Novogratz have predicted the price of bitcoin to achieve the $10,000 mark in the short-term.

    $4.7 bn traded yesterday. 100k new coinbase acts in 24 hrs. 200 DMA rising to $3,300. (@TraceMayer). $10,000 for #Bitcoin is happening.

    — Max Keiser (@maxkeiser) November 3, 2017


First LedgerX Option Pegs Bitcoin Price at $10,000

This week, LedgerX, the US Commodities and Futures Trading Commission (CFTC)-approved bitcoin derivatives, options, and futures exchange, processed its first bitcoin options contract. The buyer pegged its option contract at $10,000, which would allow the buyer to profit from the bitcoin investment only if the price of bitcoin achieves the $10,000 mark by December 28.

Futures and options exchanges operated by LedgerX, CME Group, and CBOE are only utilized by accredited institutional investors that are not allowed to invest directly in bitcoin. As such, the majority of options contracts as the abovementioned contract are made by large-scale retail investors, that truly believe the price of bitcoin can reach $10,000 in the short-term.

In an interview with Coindesk, LedgerX CEO Paul Chou stated:

“There will be, I expect, a lot more trades down the line. This is the first one, but it at least gives you the first guess from different institutional traders as to what bitcoin’s dynamics will look like from now until 2018.”

The market has become extremely confident in the short and mid-term future of bitcoin given that some of the world’s largest hedge funds including the $95 billion Man Group have announced their official plans to invest in bitcoin upon the launch of the CME bitcoin futures exchange by December 10.

Coinbase CEO Brian Armstrong revealed that approximately $10 billion in institutional money is awaiting to be invested in bitcoin and other cryptocurrencies.

“Over 100 hedge funds have been created in the past year exclusively to trade digital currency. An even greater number of traditional institutional investors are starting to look at trading digital assets (including family offices, sovereign wealth funds, traditional hedge funds, and more). By some estimates there is $10B of institutional money waiting on the sidelines to invest in digital currency today,” wrote Armstrong.

To address the rapidly growing demand for bitcoin from the traditional financial market and institutional investors that can no longer be dismissed, independent bitcoin brokerages and exchanges such as Coinbase have launched custodial platforms targeted at institutional and retail investors.

Likelihood of $10,000 Short-Term Target

The price of bitcoin has already surpassed the $8,000 mark and is building upward momentum to achieve new highs in the short-term. If large-scale hedge funds and institutional investors invest in bitcoin in December as planned, the price of bitcoin will likely surge towards $10,000.

Sudden flow of tens of billions of dollars into the bitcoin and cryptocurrency markets will likely trigger a domino effect on most major bitcoin exchanges, causing the daily trading volume of bitcoin to surge and the value of bitcoin to increase exponentially.


Source: https://www.cryptocoinsnews.com/with-cmes-december-10-exchange-launch-can-bitcoin-price-hit-10000-by-2017/

Hi dev,

Congrats for the successful ICO - Wishing you guys all the best in the world.

I promoted the UTrust social media bounty. Are we going to post the twitter and facebook urls here or you have a tool to analyze the data?

Looking forward for your reply... Thank you for understanding.

Best regards,
cybersofts

Bitcoin Isn’t Legal, Says Zimbabwean Central Bank Official as Price Nears $15,000

The Reserve Bank of Zimbabwe says trade and usage of bitcoin for transactions in the country have not been legalized despite a surge in prices and values for the popular crypto-currency.

Bitcoin trade values on the only crypto-currency exchange platform, Golix had surged to $1 million for the month of October. On Tuesday, bitcoin prices on the Zimbabwean bitcoin exchange peaked at $14490 in morning trade on Tuesday against world averages of around $8000.

Regional news blog TechZim reported Tuesday that Zimbabwe’s central bank declared that bitcoin isn’t yet legal in the country. The central bank justified this position, saying it was still carrying out studies into the crypto-currency.

    “In terms of the bitcoins, as far as we are concerned, it’s not actually legal. In Southern Africa, what we have done as regulators, we have said that we will not allow this in our markets. Research is currently on, being undertaken to ascertain the challenges and risks associated with these particular products,” said Norman Mataruka, director and registrar of banking institutions at the RBZ in Zimbabwe.

He said until the Zimbabwean central bank had “actually established and come up with a legal and regulatory framework for them” bitcoins “will not be allowed” in the country. Trade facilitators at Golix had already started to tighten oversight on large volume transactions. Officials said the higher value transactions would require verification of identifications for the traders.

Zimbabwe has also had a massive surge in the price of bitcoin after the country’s military chiefs intervened and restricted President Robert Mugabe to his private residence in Harare last week.

Experts say Bitcoin is now being used to send money out of Zimbabwe as well as to buy goods such as softwares. However, usage of the crypto currency has not yet fully been developed to enable payments for other services such as paying for hotels, travel, and to purchase equities among other services, analysts said.

The political turmoil in Zimbabwe, sparked by Mugabe’s firing of his deputy, Emmerson Mnangagwa nearly a month ago, has seen investors start to ditch the country’s equities market. Others say this has come at a time bitcoin trade in the country is surging on the back of the political upheavals.

Zimbabwe has also continued to suffer liquidity challenges and foreign currency shortages emanating from a low production abase in the country. Bad policies adopted by Mugabe have also been blamed for crippled foreign direct investment inflows.

Source: https://www.cryptocoinsnews.com/zimbabwe-says-bitcoin-not-yet-legal/

Bitcoin Price Leaps to $8,277 as Record-Setting Rampage Continues

Bitcoin price set a new all-time high on Monday after climbing to $8,277 on bitcoin exchange Bitfinex.

Bitcoin Price Nears $8,300

The bitcoin price had reached $8,100 over the weekend, but it had been unable to extend the rally further. Nevertheless, it held above the $8,000 mark, positioning it to embark on a new advance on Monday. The flagship cryptocurrency took advantage of that opportunity, and at approximately 15:00 UTC it set a new record high of $8,277. At present, Bitfinex prices bitcoin at $8,244, making it quite plausible that bitcoin will punch through $8,300 — and perhaps threaten the $8,500 mark — before the day is over.
 

BTC Price Chart | Source: BitcoinWisdom

Interestingly, two of bitcoin’s 10 largest trading pairs are with POWR, an ICO-derived token that provides users with access to Australian solar startup Power Ledger’s peer-to-peer energy marketplace. The POWR price has been surging today on the heels of the announcement that Power Ledger’s blockchain would be used as the technological backbone of a government-funded $8 million distributed energy and water system project. Power Ledger has also been actively exploring an expansion into India, and it is likely that investors are bullish on those prospects.


BTC Trading Volume Chart | Source: CoinMarketCap

Factors & Outlook

At present, the bulk of bitcoin’s day-to-day gains stem from the expectation that Wall Street will begin dumping money into the bitcoin markets. This could happen at any time, but many people point to the second week of December — the target date for the launch of bitcoin futures on U.S. derivatives exchange CME — as a potential watershed moment for institutional investors who are interested in bitcoin but have thus far remained on the sidelines. Some analysts even predict that the CME launch will carry bitcoin as high as $10,000 before the end of the year.

However, there are other factors at play as well. Last week, the first off-chain atomic swap between bitcoin and litecoin was completed on the lightning testnet. Today, Zap developer Jack Mallers demonstrated a successful mobile wallet payment on the lightning testnet. Although lightning remains in development, both of these accomplishments provide investors with hope that the long-awaited second-layer network will be activated on the main Bitcoin network sooner rather than later.


Source: https://www.cryptocoinsnews.com/bitcoin-price-leaps-to-8277-as-record-setting-rampage-continues/

Untethered? Bitcoin Shrugs Hack to Push Above $8,000

Bitcoin is bouncing back from losses arising from the hack of an alternative cryptocurrency.

As per CoinMarketCap, the bitcoin-U.S. dollar (BTC/USD) exchange rate slumped to a low of $7,762 at 04:59 UTC, before quickly recovering to $8,100. At press time, the cryptocurrency is changing hands at $8,090 levels. Despite the massive gyrations, BTC is still up 0.66 percent on the day.

The sell-off occurred after cryptocurrency firm Tether reported a $31 million theft of its dollar-pegged token, USDT. As detailed in our update, Tether blamed a "malicious action by an external attacker" for the theft of $30,950,010-worth of USDT on Nov. 19.

Tether was set up as a proxy for US dollars that can be sent between exchanges, including Bitfinex, Poloniex and others. Thus, the initial response from the market was cautious, as traders weighed the possible market ramifications.

However, bitcoin soon recovered to $8,100 levels, possibly as traders absorbed the news of Tether's plan to lock up the stolen tokens by updating its Omni Core software client.

Either way, BTC could remain well bid as investors may price-in the potential surge of institutional interest in the cryptocurrency following the listing of BTC futures on the CME exchange – anticipated for a Q4 launch.

Further, the price action analysis shows no major signs of stress in the market.

4-hour chart



The above chart shows:

   - The sharp recovery from below $7,800 has defended the bullish flag breakout.
   - The relative strength index (RSI) is bullish (above 50.00) and well short of the overbought territory.
   - A bearish divergence (higher highs in price, lower highs on the RSI) has been confirmed, but only a break below the daily low of $7,800 would open the doors for a deeper pullback.

Bitcoin chart



   - The above chart shows immediate resistance at $8,553 (0.618 Fibonacci extensions).


View

Bitcoin could set new highs around the resistance at $8,553 (0.618 Fibonacci extensions). As discussed yesterday, the bull flag breakout has opened doors for a rally to $10,000.

Pullback scenario: A break below $7,800 would add credence to bearish price-RSI divergence (seen on the 4-hour chart) and could yield a drop to 10-day MA seen today at $7,400.


Source: https://www.coindesk.com/untethered-bitcoin-shrugs-off-hack-in-push-toward-8500/

A Hacker Warning for Bitcoin

Saying Bitcoin is un-hackable is of small comfort to those who've lost money through cracks in its ecosystem of exchanges, intermediaries and money-raising schemes.

The latest theft in cryptoland is a reminder that the promise of security and liquidity is only that -- a promise. This isn't a systemic shock in the same league as the Mt. Gox bitcoin exchange collapse, but it's a warning that transparency and trust are rare commodities in this world.

The size and scope of the attack are small by historic standards, hence why Bitcoin's price bounced back to $8,200 after sinking to about $7,800. About $31 million was stolen from Tether, a Bitcoin peer that issues U.S. dollar-backed tokens for easier trading on crypto exchanges, and sent to what the company calls an unauthorized bitcoin address. That's more manageable than the collapse of Mt. Gox -- hacked for $450 million -- or last year's $65 million theft at another exchange, Bitfinex.

Bitcoin Shrugged
News of the Tether theft briefly knocked the price of Bitcoin, which has already bounced back
But the Tether raid shouldn't be dismissed.

It's one example of how quickly a cryptocurrency's glitzy promise of instant liquidity and top-flight security can be shattered. Tether is a Top-20 digital currency, which built its name on combining both cryptographic security and real-world monetary value.

Every Tether is supposed to be backed "1-to-1" by a corresponding hard currency, meaning that crypto exchanges and traders can trade it as a U.S. dollar proxy, safe in the knowledge that it will always be redeemable if the need arises. The "best of both worlds," as Tether put it.

In practice, it looks more like the worst of both worlds. Already, before the hack, Tether's legal small-print made clear that its tokens were neither money, nor stored value, nor currency. Redemption wasn't guaranteed.

Jittery banks didn't help, with Tether warning this year that its Taiwanese lenders had blocked all incoming international wires since April. The hack is drying up another pool of crypto liquidity: Several exchanges say they're suspending Tether transactions, according to news website Bitcoin.com.

There's more. One part of Tether's story yet to be fully explained is its link to Bitfinex, the exchange that was itself hacked last year. Tethers can be used on Bitfinex as a withdrawal and deposit method for crypto users, a kind of substitute for the traditional banking system.

But the two companies have other ties. They filed a lawsuit together against U.S. bank Wells Fargo & Co. over those aforementioned frozen international transfers, according to American Banker magazine, fueling speculation that they're linked through ownership. So Tether's wider impact could hit both general liquidity on crypto exchanges and any companies with which it has ties.

The risks of trading cryptocurrencies are well-known, of course, as are the rewards.

This hack has done little to halt Bitcoin's speculative price bubble, and Wall Street is still watching closely. But the next big attack might not be so easy to digest -- especially with the arrival of bitcoin futures trading that will make it easier to pile on bearish bets. This is a timely warning.


Source: https://www.bloomberg.com/gadfly/articles/2017-11-21/hackers-have-lots-of-ways-to-ruin-a-bitcoin-trader-s-day

Nice! Got my twitter payment, but without the last two added weeks.
Well, looking forward to Facebook, Telegram, and Token Market payments as well.

Thanks, Jukka!  

You guys, should at least pay the full stakes for week 9 and then later reduce the number of posts weekly.
We started week 9 knowing we should post 35 valid posts and how comes you guys just reduce the number of posts at the end of the week?
You should at least consider reducing the number posts counts in week 10 - by letting us know you change the rules from week 10.

Never, it is always bad idea to stop buying bitcoin.
I found it very profitable to buy bitcoin than saving my money in the bank.
Bitcoin value is growing in an exponential rates over time better than banks or gold as well.
For me, I always find it fun to buy bitcoins with traditional fiat currency, and God, i hate banks because they are greedy.

Bitcoin is safe and secure for business of any size whether big or small. Bitcoin is currently strong enough to accommodate any business no matter how big it is. Bitcoin market capitalization is over $100 billion and that is what make bitcoin very, very strong because even PayPal (fiat online payment processor) has less than $100 billion market capitalization and bitcoin is now way beyond that.

Good advice... trading is always the best way to go, and it is always wise to start investing small and increase your budget later to avoid risking of losing money while trading. When you started trading you may learn new things day by day before you master the trading aspects. In order to avoid losing money while learning that is why you are advised to start small.

I guess, no one will be telling you that by now, as bitcoin show the world it true potential and how valuable it could be in the future.
Bitcoin is different from traditional fiat currency which is issued and control by the banks and governments, fiat has no privacy completely.
Yet, bitcoin is decentralized, fast, secure, and acceptable worldwide. Bitcoin put people in control over their money and assets as well.

No one knows for sure what the future holds for bitcoin, but it is looking brighter in our eyes for now.
In this year 2017, bitcoin gained over 800% increased in value. If bitcoin will continue to grow with at least 500% yearly.
Imagine, how brighter the bitcoin future will be? the future is looking beautiful for sure based on my own side of view and you?