Decode Bitpay URL

https://sendbit.io/resources/bitpayurl/

I have created Bitpay decode url on sendbit for now will up the design work to work on mobile version, hope this makes things easy   many newbies do get frustrated with this bitpay URL having to force signup!

Tim Draper predicts bitcoin will hit $250k??
 
"That's my prediction. Sticking with it. I'm very confident that that is going to happen. That’s happening. It's kind of funny."

My prediction bitcoin will be around $25 - $30k by 2023 becuase there will be alot of certainty regarding the economy..


Luke FitzpatrickContributor
Crypto & Blockchain

Bitcoin, born from the Global Financial Crisis (GFC) of 2007-08, is now outperforming stocks and gold. With the bitcoin halving event scheduled to take place in 5 days, all eyes are heavily focussed on bitcoin, an asset that has only 21 million bitcoins in existence.

During the bitcoin halving, block rewards are cut in half from 12.5 to 6.25. To recoup the block reward reduction price loss, bitcoin miners postpone selling their bitcoins in order to sell them at a more profitable price several months, up to a year later.

In effect, supply is reduced on a month-by-month basis and each month after the halving, bitcoin becomes extra scarce. As a consequence, assuming that the demand stays the same, then the price of bitcoin will naturally increase each month. And, this is exactly what happened during the 2 previous bitcoin halvings.

First bitcoin halving: During 2012, the price of bitcoin increased from $11 to $1,000.
Second bitcoin halving: From 2016-17, the price ballooned from $700 to $20,000.
Third bitcoin halving: Scheduled on May 12, 2020 (the price impact is still yet to be seen).

After what we all seen the economy crashing oil price in the minus where does this leaves us??

Firstly you need a good trusted team and very good developers! no room for errors. I have developed a few in the past and now they are pretty much know in the crypto industry.

What you need

1. Finance in place

2. Developers starting with even 1 or 2 gradually increasing

3. Your own frame work

4. List of features what makes you different to others why would i use your service over other crypto payment providers. USP Unique selling point

5. Trusted hosting company

Now you need to decide the best route.. Crypto blockchain development for Industrial example API based for websites buying and selling or individual using to send and recieve payments.

DevCosting: from $45,000 Stage one
Building somthing like coinbase average time 9 months which is broken down in stages 3 months + 3 months R&D then another 3 months testing the waters.. Website live real time customer feed backs is very important before heavy marketing. Total 9 Months is fine.

Security Costing: $5k to $10k intial startup
Hosting nodes keeping them entirley seprate from the web application server. You can learn alot by watching IvanOnTech Youtube how important security is.

Marketing Cost $20,000 Minimum:

It all depends how fast you want to be known. cointraffic coinzilla amazing advertising platform will get you know int the market fast. before you even advertise you need to build articles build a marketing team for google keywords youtube content.

Security is very important and must never be taken so lightly and many other things to consider as the list goes on and on.

I would wait for the halving to happen in the next 5 days :-) increasing bitcoin can be tricky.. I would rather sit on them for some time for decent amount that you have maybe in the 1000s :-).

Back in 2009 i met Amir Taaki the legendary bitcoin developer.. As developers of chain we never seem to be greedy. Innovating in technology ahead of time was priority he Mr Taaki said just mine and sit on them as long as you can even though he didnt mine much or sold them for pennies back in the day. Now imagine i owned maybe a few thousand + Bitcoins back in the days then and todays worth is unimaginable and thanks to Amir we never spent much time after 2010 he just vanished :-) i went into mining coins so i started to mine and then went on to developing some core dev and helping in mining rigs with 2 of his top EU coders and 1 was from USA early days based in iceland genesismining Marco streng and i happened to mine many coins back in the days. I also became lucky when ripple lab was selling at around 0.003 and and took a dive into buying loads of Ripple with bitcoins exchanger was gatehub XRP Ledger protocol.

So overall i looked for opportunity in other coins and then the growth came. Trading is good too with USDT you can simply lock your rate 0 risk buy and sell with ease.

Now check this out pm2btc is making around 10704.96 PM = 1 BTC when the coin on coinmarketcap $9,069.35. PM2BTC exchangers buy btc +2 +3% on localbitcoin or top traders and then charge upto +10%. If you hold many bitcoins you can start as a mini exchanger and follow similar steps.

So Below is what i would do

1. Sit back let your bitcoins grow.. Chances are bitcoin will only grow... after China and India regulated Bitcoin and many will follow those who banned bitcoin will mostly get approval during this pendemic crisis. Looking at the world GDP and then here we have bitcoin on the rise shows bitcoin is the safest option right now :-) i do not want to go into too much details as i will end up going off topic.

2. Sell your assets for bitcoin. Is always a risk!

3 Exchanger buy and sell online..Utalise your coins

4. Public trader within your community buying and selling

5. Look at some cool projects genuine projects new technology buying coins.

Some info what bitcoin could be worth?
The billionaire investor predicted bitcoin will reach $250,000 (£193,000) by 2023 – a figure he first forecast in November 2018 when the price of bitcoin was around $5,000. Bitcoin has since experienced a remarkable price recovery, rising from below $4,000 at the start of 2019 to today's price of $8,100

Bitcoin's 2030 market cap is decided by the number of bitcoin holders multiplied by the average bitcoin value held. Bitcoin's 2030 supply will be about 20 million. Bitcoin's 2030 price and user count will total $500,000 and 400 million, respectively.

Some usefull information can be found here https://news.bitcoin.com/how-to-bequeath-your-digital-assets-to-your-descendants/

Its vital to keep your private keys in a safe place. For example you had 100k worth of bitcoin on site A and this happened to go down or vanish over time..With private keys you can retrieve your coins from the bitcoin network into another wallet or site B. Bitcoins are always safe if you keep your private keys safe from hackers or greedy family members.

My advise is buy a mini saftey deposit and place you private keys inside. Instruction with the deed lawyer. Lawyer dosent need to know what asset are being written down. if tax has been already paid no need to worry!. some countries do require inheritance tax to be paid. In the bitcoin law im not to certain.

Trezor is another safe device..the issue is firmware updates are required on regular basis.

The other method is time lock bitcoins. :-)

Regards