Having witnessed a major bullish breakout, bitcoin (BTC) is now struggling to find acceptance above the $9,000 mark. The cryptocurrency crossed the long-term descending trendline (drawn from the Dec. 17 high and Jan. 6 high) in a convincing manner and closed well above the resistance at $8,459 on Friday, signaling a bearish-to-bullish trend change. However, in the last 48 hours, BTC has struggled to hold on to gains above $9,000 over the weekend, indicating bullish exhaustion around the key resistance. As of writing, bitcoin is changing hands at $8,940 on Bitfinex - up almost 40 percent from the April. 1 low of $6,425. Read more https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/
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Since long before anyone can remember, the big, fertile slopes of the Alazani Valley in eastern Georgia have been planted with grape vines. It's the heartland of wine-making in the country that invented it 8,000 years ago. But in recent months, the valley has been going through a new kind of ferment, because of bitcoin. "You see that building there with the power line outside," says Bezhani Buzhaidze, pointing to an abandoned-looking, cinder block storehouse in his hometown of Telavi, the hub of Georgian wine country. "That's being turned into a data center for mining cryptocurrencies." Read more https://www.npr.org/sections/parallels/2018/04/23/597780405/how-the-tiny-nation-of-georgia-became-a-bitcoin-behemoth
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The Supreme Court of Russia has ordered the St. Petersburg City Court to consider an appeal to the ban of a cryptocurrency information website, Russian Legal Information Agency (RAPSI) reported April 20. In summer 2016, the Vyborgsky District Court of St. Petersburg granted the application of the Prosecution Office and blocked Bitcoininfo.ru website. The court found that information on the website about digital currency Bitcoin, which represents a “virtual payment instrument and a store of value”, to violate the Federal Act “On the Central Bank of the Russian Federation (the Bank of Russia)”. Read more https://cointelegraph.com/news/russian-supreme-court-orders-to-review-bitcoin-website-ban
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I highly warn that users should not deposit Byteball to Cryptopia exchange. I lost my coins with my deposit transactions. Sad to say that, but it is my bad experience with Cryptopia. After that, I decided to send my Byteball to Cryptox, everything worked well. https://coinmarketcap.com/currencies/byteball/#marketsCryptopia had big issues with byteball lately, but apparently everything was solved. I was able to withdraw my bytes when they allowed withdrawals again a few weeks ago. By the way, have you tried to contact their support? have you opened a ticket? Look into it, don't lose your bytes so easily
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Anybody still holding Byteball? That's one of the few BTC airdrops I never dumped. It seems like it's been tanking the last 8 months though.
Yes bro! My favorite after Bitcoin. There have been hard times with the distribution model but, hey, so far so good. One of the best projects around. Back to bitcoin, i bought some more. 19th of every month is my bitcoin buying day It seems like you made some cash if you sold them by the 20 something of every month, there have been a few peaks at the 20s past few months, right? Maybe you misunderstood me: I don't sell, I am buying only and increasing my war chest. There's no point selling so cheap. I have much higher targets I see, thank you for clarifying that. Just out of curiosity, have you never felt inclined to trade a bit? I mean, not selling your coins all at once but trying to profit some % every now and then while still holding/increasing your wallet? Wouldn't it help you grow your wallet a little more than just by simply holding? Of course I did, and sometimes still do. But, you see, I prefer accumulation over short term fiat profits. I have a regular job that let me live with my money without having to worry about touching my stash. I'm basically building my way into the future. I don't need much in my life: I don't need no lambo, no fancy house, no shit. I need to be like a regular guy, similar to many, to mix with the crowd and be free. I have a plan for my life, and for the first time I will be able to achieve it: without bitcoin I would probably still feel like a slave.
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Is the reversal of a lesser-known bitcoin price indicator signaling a bull trap? That's the question being asked by Twitter's more expert crypto analysts after bitcoin's rise to $8,500 this week, a figure that's up more than 25 percent since its early April lows. As such, many investors and traders are wondering if the market's rally, propelled largely by a single day of strong gains, is over (if only for now). Stepping back, the indicator in question, ETH/BTC, which tracks the value of ether against bitcoin, has been behaving oddly of late. In the past, ether's rise against bitcoin has been greeted as a negative sign for bitcoin, one that signals more traders are willing to exchange bitcoin for ether, the world's second-largest cryptocurrency. Still, this time bitcoin is leading the way. Read more https://www.coindesk.com/bitcoin-bull-trap-not-says-lesser-known-price-indicator/
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Anybody still holding Byteball? That's one of the few BTC airdrops I never dumped. It seems like it's been tanking the last 8 months though.
Yes bro! My favorite after Bitcoin. There have been hard times with the distribution model but, hey, so far so good. One of the best projects around. Back to bitcoin, i bought some more. 19th of every month is my bitcoin buying day It seems like you made some cash if you sold them by the 20 something of every month, there have been a few peaks at the 20s past few months, right? Maybe you misunderstood me: I don't sell, I am buying only and increasing my war chest. There's no point selling so cheap. I have much higher targets
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I was surprised by this article, but I have found that the cost of the equipment is now a major factor. The difficulty is so high now that an S9, which costs over $1000, hardly mines anything any more.
Yes, the hashrate is in exponential mode. I stopped my last S9 long ago (sure as hell I don't mine bitcoin cash). I wonder when and if the bitcoin mining industry will find some sort of equilibrium.
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We keep improving Byteball as an investment platform, and today we are launching verification of accredited investors. Accredited investor attestation bot (which is already in the Bot Store) helps to go through verification and posts an attestation record to the DAG. Actual verification is outsourced to verifyinvestor.com which already provided this service to a number of ICOs. A licensed attorney checks the submitted documents and confirms the accredited status, then our bot (which is also a witness) posts the attestation record to the DAG. With this record, the issuers can easily see that an investor is accredited, therefore allowed to buy securities. The price of verification is $79.00 but if you are getting verified for the first time, the cost is reimbursed from the distribution fund if the verification is successful. There is also a $20.00 referral reward, also paid from undistributed funds. No we can easily host ICOs that sell Byteball-issued security tokens. This capability makes Byteball the only ICO platform on the market that allows to offer security tokens out of the box, just by flipping a switch. Since January, it also allows to enable KYC checks in the same way. Both tasks are a (small) part of what investment bankers do in the traditional investment world. If the ICOs are to evolve in this direction, the first steps are already done. Full story: https://medium.com/byteball/attestation-of-accredited-investors-d4a8dabf683bHow do you come up with these ideas? I guess you have good advisors and since you are such an awesome dev you are able to translate these business needs into action. well done
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Polish Bitcoiners protesting against the 1000% tax plan from their goverment on Bitcoin. 1000%... Translation:We don't recognize Bitcoin as a currency. Or a legitimate asset. We didn't create it. It's fucking digital tulips and has no value. We didn't even say you were allowed have it or own it. But since we can't stop you from buying it, we will tax it 1000%. We have zero right to do this, but we're going to do it anyway. Fuck. All. Governments. Again and again and again. We are at war! Holding bitcoin today is going to be recognized as a revolutionary act tomorrow. Whatever will be I hope to stand still until we eventually win. This is our last freedom chance
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Anybody still holding Byteball? That's one of the few BTC airdrops I never dumped. It seems like it's been tanking the last 8 months though.
Yes bro! My favorite after Bitcoin. There have been hard times with the distribution model but, hey, so far so good. One of the best projects around. Back to bitcoin, i bought some more. 19th of every month is my bitcoin buying day
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Cryptox.pl worked decent for me so far. Except the deposit issue i experienced like some cryptopia users did 2 days ago but one swift email to the exchange admin and It got solved in a few hours. I don't know what's the situation with cryptopia&bittrex (probably not much better than cryptox) but at least I can say that cryptox.pl admin do read the emails and solves the problem in the same day. Thanks for your proposal. Some day when I decide to buy Byteball, adding it into my portfolio, I will consider about cryptox exchange. However, at the moment, I only put Byteball under my radar for long term follow. Yes this is a long term crypto boy. Once the world out there realizes what tonych and the byteball devs community are achieving we will all be rewarded. This coin has everything we need right inside the app: which other coin has the same?
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Brace yourselves! Bitcoin was a bubble. My last prognosis at the beginning of November when Bitcoin (BTC) was at $7,000 was that I would get nervous at $30,000. But I got nervous at $17,500 and bailed. Market verticals are invitations to sell, and I’m glad I did. I am a contrarian value investor after all, not an insane momentum trader. Read more https://www.forbes.com/sites/investor/2018/04/19/whats-next-for-the-price-of-bitcoin
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"We estimate the break-even point for big mining pools should be US$8,600, even if we assume a very low electricity cost (US$0.03 kW/h)," Equity Analyst Charlie Chan and his team said in a Thursday note. "Therefore, we think the Bitcoin mining hardware demand and price will decline further and affect TSMC's wafer demand," the report said. But the Morgan Stanley model estimates companies that sell the specialized mining chips would break even over two years if bitcoin traded near $5,000. Read more https://www.cnbc.com/2018/04/19/bitcoin-miners-are-losing-money-at-any-price-below-8600-morgan-stanley.html
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I'm sure there are plenty of intelligence agencies who will want access to the Mastercard ID blockchain so that they can continue to procure Mastercards for their agents with fake identities. Great job, Mastercard.
I've said it before and I will say it again and again. All those attempts represent the most vicious and slimy attacks on our last bits of personal freedom. Unfortunately, they seem to be winning by all means. Very sad, much pain
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hey CryptKeeper are all these images your creation? I mean the images/texts are really good. Do you work in marketing or is it that you feel truly inspired by Byteball? Keep it up!
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Whoever is without sin, cast the first stone. I must admit I played with the shittiest altcoins back in 2013/2014. If I would have kept my BTC gains instead of buying more crappy shitcoins I could have been with Bob drinking beer already. I mean, good for them. Making money out of people stupidity is necessary
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The Dilemma is more on our shoulder, if you ask me. Why should I let any Gvt to tax something upon which they have no control? Who's in charge of Bitcoin? Nobody! Who maintains the network? Who cares!
This is the problem with anything that's too revolutionary to be understood with the old models. Bitcoin is a financial revolution! Hold on to it, if you can.
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Take it with a grain of salt. Bitcoin pundits had bet on prices recovering after U.S. investors filed their taxes. But as markets headed into the close on Tax Day, prices pulled back dramatically below $8,000. Bitcoin fell more than $200 in 30 minutes, to a low of $7,861 as of 4:00 p.m. ET, according to CoinDesk. The digital currency has dropped roughly 45 percent this year, after trading above $14,000 in January. The Internal Revenue Service views bitcoin and other cryptocurrencies as property, meaning profits from transactions are subject to capital gains tax. U.S. households could owe roughly $25 billion in taxes for digital currency holdings after bitcoin's meteoric rise last year, according to Tom Lee, head of research at Fundstrat Global Advisors. Read More https://www.cnbc.com/2018/04/17/bitcoin-tax-day-rally-is-apparently-not-happening-as-price-drops.html
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