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Satoshi DIED a few years ago. And also ensured the private keys were destroyed making the ~1million supply of Bitcoin out of existence - thus in reality true max supply of bitcoin is well under 20million coins. You will never find another coin in history , no altcoin that will ever have this sort of fair start of mine combined with the global distribution and demand with this secure open-source consensus system.
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LOL ahahhaah, your picture you present has NOTHING to do with country adoption of bitcoin or trades. Its a list of availability of bitcoin specific ATM machines - completely different things. Bitcoin has been CLEARLY GLOBAL and growing....held and sought after by people in almost every country - OP you might be better served by this picture:  see global trade data by country or see this list: https://bitcointalk.org/index.php?topic=1853019.0Developed countries have investors that pay attention to asset classes...In the US, even as the stock market has tiny falls, you see something like this:  |
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Effective, True savings vehicle: Bitcoin
Bitcoin is the most profitable and strong coin of this era and currently it is impossible to destroy such a valuable coin so those who are thinking to harm it will surely waste their time and bitcoin is now not be effected by rumors because investors are now aware of hatter that they spread this to give loss to bitcoin so no one will do panic selling everyone will join hand to face such situation. Thank you for posting...your writing is a bit confusing, but I think I might understand what you are saying? Bitcoin has become a bit less volatile as the years go on but please be aware of the ever present big drawdown risk. For example, currently, part of the selling pressure is online brokerages in the USA are now starting to cut off US investor access to the Swedish Nasdaq Nordic listed Bitcoin ETN fund - suddenly alot of US traders can't have any buy orders on that product. |
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Anyone else here have InteractiveBrokers? Based on below, I think we will see selling pressure this week, and as funds come back with a price drop, it may flow to GBTC instead? Can anyone confirm no longer can buy XBTProvider's (listed on nasdaq nordic) bitcoinxb?? Just posted observer thread here: (quick PSA: don't keep exposure to any exchange or fund product as it leads to a central point of failure) For some years now worldwide investors have had the option to invest in the tracking of Bitcoin price through XBT Provider's Exchange Traded Note (ETN) listed on Nasdaq Nordic (Sweden/Stockholm). If your broker allows you to by foreign-listed companies you can probably do this. Their website https://xbtprovider.com/
Anyone care to share their experience?Bloomberg ticker: COINXBT ; https://www.bloomberg.com/quote/COINXBT:SSInteractiveBrokers in USA uses ticker BITCOINXB I've heard InteractiveBrokers in USA this week is shutting down trading access to BITCOINXB and all of XBT's products - anyone else want to comment? This I'm sure has created selling pressure. Discuss here. |
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Anyone else here have InteractiveBrokers? Can confirm no longer can buy bitcoinxb?? Selling pressure this week now from the USA? Just posted this. (quick PSA: don't keep exposure to any exchange or fund product as it leads to a central point of failure) For some years now worldwide investors have had the option to invest in the tracking of Bitcoin price through XBT Provider's Exchange Traded Note (ETN) listed on Nasdaq Nordic (Sweden/Stockholm). If your broker allows you to by foreign-listed companies you can probably do this. Their website https://xbtprovider.com/
Anyone care to share their experience?Bloomberg ticker: COINXBT ; https://www.bloomberg.com/quote/COINXBT:SSInteractiveBrokers in USA uses ticker BITCOINXB I've heard InteractiveBrokers in USA this week is shutting down trading access to BITCOINXB and all of XBT's products - anyone else want to comment? This I'm sure has created selling pressure. Discuss here. |
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(quick PSA: don't keep exposure to any exchange or fund product as it leads to a central point of failure) For some years now worldwide investors have had the option to invest in the tracking of Bitcoin price through XBT Provider's Exchange Traded Note (ETN) listed on Nasdaq Nordic (Sweden/Stockholm). If your broker allows you to by foreign-listed companies you can probably do this. Their website https://xbtprovider.com/
Anyone care to share their experience?Bloomberg ticker: COINXBT ; https://www.bloomberg.com/quote/COINXBT:SSInteractiveBrokers in USA uses ticker BITCOINXB I've heard InteractiveBrokers in USA this week is shutting down trading access to BITCOINXB and all of XBT's products - anyone else want to comment? This I'm sure has created selling pressure. Discuss here. |
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Ideology coupled with Monetary.
With bitcoin being an effective TRUE savings vehicle, it simply translates to financial survival in the global system of worthless fiat currencies.
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Bitcoin is permission-less, so by it's design anyone can copy and hardfork it. Anyone can make a "bitcoin dog" or whatever anytime. The question is whether you can rally a community around your hardfork so the coin actually has value, this is much harder to do. I imagine in the future crappy hardforks will be harder and harder to pull off as people start to see they have no real value. Right now there is a tendency for people to see it has free money which gives the new coin some value.
Yup, there have been hundres of forks. anyone can do it. Most have near-zero value. i just found a very interesting website ( http://mapofcoins.com/) which has interesting information about forks from different cryptocurrencies. the bitcoin fork map ( http://mapofcoins.com/bitcoin) specially took my attention. according to this site there has been 667 forks in total, 3 of which belong to this month alone. you can click on the names of these coins and see the code and their website. a lot of them didn't even bother making more than 20 commits in years! or even change anything meaningful when they fork! |
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Those anti bitcoin are only destroying btc because they did not get a hold of it when it was still very cheap. The bitterness is very present and I know that if only they are holding a huge amount of it, they will be like anyone else who ain't getting tired of making predictions to promote btc.
They are ultimately destroying their own wealth. |
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With a number of countries now legalizing Bitcoin and the pursuit of licenses for ETFs to trade on Bitcoin based derivatives still strong and gathering even more momentum , it would be only a while and the entire equation can't help but change because corporate investors can no longer afford to be spectators while Bitcoin is making phenomenal impacts in global finance.
No. All big banks of the world already banned bitcoin over four years ago in 2013. You cannot make a transaction with any big bank and mention that is being used for "bitcoin" otherwise your transaction gets stopped and blocked (the tellers and supervisors are trained to do this, however this is easily avoided by never saying "bitcoin"). No countries are doing anything to reverse such schemes of the big banks in their countries. Despite this, Bitcoin has been growing exponentially and being adopted like crazy every single year. It's clear that it doesn't matter if any entity (bank or government) tries to make legal nor does it matter if they try to ban bitcoin - it is completely out of their control. |
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I think the bigger question is, when are we going to see an end to attempts to support all these constant bogus forks?
I know it's putting unneeded stress on their businesses. Perhaps if companies like Coinbase and the exchanges get tired of having to deal with all the forking and providing means to the coins for their customers, they will finally put an end to all this nonsense by stating "Any and all future forks that are contentiously launched, we are flat out just not going to support. Period."
I'm guessing it'll only take another round of this shit or maybe two before they finally throw in the towel.
There wont be an end until the central-bank/VC-funded DCG-portfolio of companies meet their demise. All the evil anti-bitcoin propoganda/agendas stem from their businesses that seem great at face value and first-glance, however underneath lays an operation to undermine bitcoin. (PSA: do not support Coinbase, Kraken, Coindesk, Bitpay). |
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I'm wondering if demonocracy will update their webpage visual in 2018?
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i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level. obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly. all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them  It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens. The problem is that even if they do not affect the price long term they still benefit from this, they probably sold their coins before the FUD and were able to by them back at a discount and made a lot of profits that way, it is unfair but people need to understand that those are not news but FUD designed to scare them. Well....market manipulation has been a staple of big bankers and central banks. Watch this documentary: history of money/centralbanks: https://vimeo.com/8757743 or link2 https://youtu.be/UrJGlXEs8nI |
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I think a great example for an exchange is BTC-e. I mean even after getting shut down they came back and are still going. Props to them.
Yah, so what are the details of BTC-e coming back online? HOw much trust can be put on it? Can anyone help elaborate details for this? In hte meantime, I'm really looking forward to be exchange-less with cross-chain atomic swaps! |
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Just want to bump for those newer here. I think this is an important point to reflect on.
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Looking at this information, It just confirms that coins like Bitcoin Gold and other BTC forks wont succeed in long term. No one cares about forks.
Confirmed.
Consensus exists for a reason. |
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We have been experiencing lots of up n down , contradictions on bitcoin scaling solution .. even Dev teams are not united , forget about miners, in addition big whales hv their own gang and their positions on fork , or pre/post fork ..
do you think Bitcoin is victim of bad politics or became a political coin .. ?
Bitcoin is only a victim of whatever people want to do with it, that's the nature of something that is completely decentralized. The only way that it can be fixed is by having people either come together and compromise, or having a few or a single power decide everything which is in their own best interest. There is nothing that can be done about bad politics, only poor cooperation. And cooperation comes in many forms, such as, like I said, single powerhouses or multiple powers working together for their own interests. Exactly. Satoshi left a text message in the first mined Bitcoin block which reads 'The Times 3 January 2009 Chancellor on brink of second bailout for banks'. The text refers to a headline in The Times published on 3 January 2009. What do you think this means? |
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Either way, it is reassuring to see the best global store of value known by all has been and will always be Bitcoin. Large, Secure, and In charge, Honest, Open, and Free, protected by consensus. |
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Bitcoin reaching $1 trillion market cap well before 2030 would be a trivial feat in this bizarre global fiat credit currency system.
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Long back itself bitcoin has gained more momentum in Africa. This happened when few scam MLM's used it as an source to reach the user base. This further gained more support from the countrymen even after strong opposition arose from the government. So at present it might be gaining more momentum as the growth is happening potentially.
We are all aware already that even their is a strong opposition by the government, the growth can be achieved. Bitcoin is unstoppable and really gaining wider acceptance. I do hope that Africa is the next continent that will take advantage of bitcoin. I'm seeing that if this is successful, there is a chance that the continent would at least alleviate the economic and financial aspect of the population. Maybe 2-5 years from now, Africa will be very different because of bitcoin. That would be good news to look forward to....a changed peoples in Africa, where her people sought and gained financial independence to better themselves. |
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