The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread)

[El duderino_]

^
yeah i also see it succeed in the long term, everybody knew its gonna be a bumpy road and big waves to sail uppon ,but just let us hope that enough of the right people can the advantage of BTC and  the succeses of BTC cause currently many dumb F**** are taking very wrong decissions by not to hodl there coins

[Fakhoury]

Nice down here, bull + bulls + bullss = a right place to watch as a bitcoiner 

The castle of the bulls over here our bull brother

Lots of really nice stories coming in through here but we haven't seen much of a reaction yet in the price. What's going on? Why is bitcoin still slumping, even after all of that positivity?

You'd think that people would be rushing out to buy it with these kinds of events. Are they just not that exciting anymore, that people don't take them seriously? I know the EFT news is getting a little bit old, but these kinds of events about the NYSE and Starbucks are really something. Those are major signals towards the advancement of the coin and more widespread use.

There have been so many bullish news about bitcoin recently and more upcoming but prices are still declining which is very disappointing to see, personally i cannot wait to see btc going parabolic like it did last year and i hope this year the peak will be double the size we seen last year.

In simple words, price manipulation.

You Just cannot simply put everything around BTC (whats bullish news...) and reflect iT only in price.... its all happening but iT all takes time as well....

Well said, like the springboard, coiling and coiling till the moment of the takeoff.

yes and with all the good news it would be nice to see an instant BULL run but it just needs time so very good for us LONG TERM BULLS thatwe are patient
offcourse its normal that many daytraders As those just for quick money are getting rekt from time to time but yeah thats the case in everything there will always be those that get burned

Patience will always reward you

Nice down here, bull + bulls + bullss = a right place to watch as a bitcoiner 

The castle of the bulls over here our bull brother

Lots of really nice stories coming in through here but we haven't seen much of a reaction yet in the price. What's going on? Why is bitcoin still slumping, even after all of that positivity?

You'd think that people would be rushing out to buy it with these kinds of events. Are they just not that exciting anymore, that people don't take them seriously? I know the EFT news is getting a little bit old, but these kinds of events about the NYSE and Starbucks are really something. Those are major signals towards the advancement of the coin and more widespread use.

There have been so many bullish news about bitcoin recently and more upcoming but prices are still declining which is very disappointing to see, personally i cannot wait to see btc going parabolic like it did last year and i hope this year the peak will be double the size we seen last year.

In simple words, price manipulation.

You Just cannot simply put everything around BTC (whats bullish news...) and reflect iT only in price.... its all happening but iT all takes time as well....

Well said, like the springboard, coiling and coiling till the moment of the takeoff.

yes and with all the good news it would be nice to see an instant BULL run but it just needs time so very good for us LONG TERM BULLS thatwe are patient
offcourse its normal that many daytraders As those just for quick money are getting rekt from time to time but yeah thats the case in everything there will always be those that get burned

I'm willing to sit down and lock down my bitcoins until the ivory towers that those white golf shoe wearing dirtbag bankers fester in come crumbling down among them. They can sit and take as many short positions as they want on bitcoin but it's still not going to stop it. There's enough reason for it to get rolling again.

People are getting sick and tired of getting raped by central bankers so they will learn to make the change soon. They know that bitcoin exists, they just need to recognize that they can trust it.

There is a saying that I trust like I trust myself, "Nothing lasts forever". The current financial system will be replaced with bitcoin-based one.

^
yeah i also see it succeed in the long term, everybody knew its gonna be a bumpy road and big waves to sail uppon ,but just let us hope that enough of the right people can the advantage of BTC and  the succeses of BTC cause currently many dumb F**** are taking very wrong decissions by not to hodl there coins

Everyone is responsible for his own decisions, we as a community try to make the 'weak' hand a 'strong' hand but at the end of day you are the one who will choose what kind of hand you want to be.

[Fakhoury]

[Bitmore1]

I am not exactly sure what "hash rate" is, even after being explained to me several times, but I do know it is fundamental to the activity of Bitcoin.  

Be that as it may, this graph was posted late May on this thread, and it showed then that the hash rate at that time had DOUBLED since Jan 2018.  
https://www.blockchain.com/charts/hash-rate?timespan=2years

Well, an update shows a continued increase far beyond that, with at least as fast of an increase.  

-As I said before, the spring seems to be winding VERY tight.....

HODL!

[Fakhoury]

I am not exactly sure what "hash rate" is, even after being explained to me several times, but I do know it is fundamental to the activity of Bitcoin.  

Be that as it may, this graph was posted late May on this thread, and it showed then that the hash rate at that time had DOUBLED since Jan 2018.  
https://www.blockchain.com/charts/hash-rate?timespan=2years

Well, an update shows a continued increase far beyond that, with at least as fast of an increase.  

-As I said before, the spring seems to be winding VERY tight.....

HODL!

I hope this helps you my dear brother : https://www.reddit.com/r/BitcoinBeginners/comments/4v1oxs/eli5_what_is_a_hash_rate_and_how_does_it_affect/

[Fakhoury]

US Commodity Futures Trading Commission is featuring a small Bitcoin resource center on its homepage! #adoption

News URL : https://www.reddit.com/r/Bitcoin/comments/9aqbs5/us_commodity_futures_trading_commission_is/

[Fakhoury]

Japanese E-Commerce Major Rakuten to Acquire Local Crypto Exchange Everybody's Bitcoin

News URL : https://cointelegraph.com/news/japanese-e-commerce-major-rakuten-to-acquire-local-crypto-exchange-everybodys-bitcoin

[BitcoinNewsMagazine]

Article at https://www.newsbtc.com/2018/08/30/research-firm-satis-group-predicts-bitcoin-at-144000-in-10-years-bitcoin-cash-at-180/

[Fakhoury]

Article at https://www.newsbtc.com/2018/08/30/research-firm-satis-group-predicts-bitcoin-at-144000-in-10-years-bitcoin-cash-at-180/

Thanks for the bullish news my old dear friend, BitcoinNewsMagazine.

But I'm somehow confident that in a decade we will be $1MM+, not at $1xx,xxx 

[Fakhoury]

Coinbase Doubles Staff Count To 500, Even In Bear Market

News URL : http://www.cryptonic.tech/2018/09/coinbase-doubles-staff-count-to-500.html

[WUUEX79]

Hello,

As I'm a Permabull and highly optimistic regarding Bitcoin in terms of technology and price.

I decided to open this thread to share everything and anything bullish that mentions Bitcoin in a bullish matter.

I like and love to spread optimism in the air, it makes me as well as other people feels euphoric.

Hopefully I will update this thread everyday, once or twice.

Thanks.

N.B. : The thread is self-moderated for obvious reasons

As a bitcoin lover we have to turn on an optimistic attitude every day as long as that energy is still in our body, it's a necessity which all of us must have so that success should not be the dream of a few popes. As a bitcoin user, we must be able to contribute to realizing the growth of bitcoin prices which's better and becomes the pride of all users especially for future heirs, namely our children and grandchildren.

Article at https://www.newsbtc.com/2018/08/30/research-firm-satis-group-predicts-bitcoin-at-144000-in-10-years-bitcoin-cash-at-180/

Thanks for the bullish news my old dear friend, BitcoinNewsMagazine.

But I'm somehow confident that in a decade we will be $1MM+, not at $1xx,xxx 

I strongly agree with your opinion on this one although many people say that the market's difficult to predict but I think bitcoin can certainly reach $ 1MM in the future and that's not impossible. And I'm very sure bitcoin will be accepted by many countries, fast or slow.

[JayJuanGee]

Coinbase Doubles Staff Count To 500, Even In Bear Market

News URL : http://www.cryptonic.tech/2018/09/coinbase-doubles-staff-count-to-500.html

Hey Fakhoury:

I am going to take this kind of news from Coinbase with a BIG grain of salt.  Coinbase seems to be considerably distracted by alt coin pumping and dumping, so their non-bitcoin distracted ways of striving to make money remains questionable regarding the extent to which the actions of Coinbase is bullish about bitcoin or their distraction into supporting other projects that might really be a kind of indirect attack on bitcoin (the one that brought Coinbase to the dance in the first place).

[LFC_Bitcoin]

Article at https://www.newsbtc.com/2018/08/30/research-firm-satis-group-predicts-bitcoin-at-144000-in-10-years-bitcoin-cash-at-180/

Thanks for the bullish news my old dear friend, BitcoinNewsMagazine.

But I'm somehow confident that in a decade we will be $1MM+, not at $1xx,xxx 

[gentlemand]

https://www.coindesk.com/bitgo-receives-regulatory-approval-to-custody-crypto-assets/

Bitgo receives approval in South Dakota to be an institutional custodian of crypto assets. Dunno what the deal is with operating in other states, but it sounds like they have clients lined up and waiting.

[JayJuanGee]

https://www.coindesk.com/bitgo-receives-regulatory-approval-to-custody-crypto-assets/

Bitgo receives approval in South Dakota to be an institutional custodian of crypto assets. Dunno what the deal is with operating in other states, but it sounds like they have clients lined up and waiting.

They expect to get a certain degree of crypto custody approval from other states based on reciprocity, according to the article.

[Bitmore1]

Coinbase Doubles Staff Count To 500, Even In Bear Market

News URL : http://www.cryptonic.tech/2018/09/coinbase-doubles-staff-count-to-500.html

Hey Fakhoury:

I am going to take this kind of news from Coinbase with a BIG grain of salt.  Coinbase seems to be considerably distracted by alt coin pumping and dumping, so their non-bitcoin distracted ways of striving to make money remains questionable regarding the extent to which the actions of Coinbase is bullish about bitcoin or their distraction into supporting other projects that might really be a kind of indirect attack on bitcoin (the one that brought Coinbase to the dance in the first place).

FWIW, I use Coinbase, and it seems to be a competent and well run company, even if it is suffering from massive growth pains.  And I think this massive growth they are experiencing is indicative of the future, where they are positioning themselves.  They do have alt coin trading, as any good well run business should, but I don't think it is a distraction as much as just offering the most for the customer which they cater to.

I doubt they will have the resources and time to waste with possible bad investments.  Their "Vault" even seems to be a relatively safe way to store BTC, even though I keep mine in off line cold storage.

The big picture of BTC may be hard to see, but the periphery of the industry, as exemplified by Coinbase, is showing the stress of what could be massive growth and expectations.

 

[dmwardjr]

FWIW, I use Coinbase, and it seems to be a competent and well run company, even if it is suffering from massive growth pains.  And I think this massive growth they are experiencing is indicative of the future, where they are positioning themselves.  They do have alt coin trading, as any good well run business should, but I don't think it is a distraction as much as just offering the most for the customer which they cater to.

I doubt they will have the resources and time to waste with possible bad investments.  Their "Vault" even seems to be a relatively safe way to store BTC, even though I keep mine in off line cold storage.

The big picture of BTC may be hard to see, but the periphery of the industry, as exemplified by Coinbase, is showing the stress of what could be massive growth and expectations.

 

IMPORTANT:  If "YOU" do not own the KEY to your wallet, the coins in that wallet are NOT your coins!

Coinbase does NOT give YOU the KEY to your wallet.  Which means it's NOT "YOUR" wallet.  It's THEIR wallet!

[Fakhoury]

Hello,

As I'm a Permabull and highly optimistic regarding Bitcoin in terms of technology and price.

I decided to open this thread to share everything and anything bullish that mentions Bitcoin in a bullish matter.

I like and love to spread optimism in the air, it makes me as well as other people feels euphoric.

Hopefully I will update this thread everyday, once or twice.

Thanks.

N.B. : The thread is self-moderated for obvious reasons

As a bitcoin lover we have to turn on an optimistic attitude every day as long as that energy is still in our body, it's a necessity which all of us must have so that success should not be the dream of a few popes. As a bitcoin user, we must be able to contribute to realizing the growth of bitcoin prices which's better and becomes the pride of all users especially for future heirs, namely our children and grandchildren.

Article at https://www.newsbtc.com/2018/08/30/research-firm-satis-group-predicts-bitcoin-at-144000-in-10-years-bitcoin-cash-at-180/

Thanks for the bullish news my old dear friend, BitcoinNewsMagazine.

But I'm somehow confident that in a decade we will be $1MM+, not at $1xx,xxx 

I strongly agree with your opinion on this one although many people say that the market's difficult to predict but I think bitcoin can certainly reach $ 1MM in the future and that's not impossible. And I'm very sure bitcoin will be accepted by many countries, fast or slow.

Well said regarding your first quote brother.

Regarding the second, it will get adopted by countries and it will pass $1MM+, we just need to give to time as well as have patience.

Coinbase Doubles Staff Count To 500, Even In Bear Market

News URL : http://www.cryptonic.tech/2018/09/coinbase-doubles-staff-count-to-500.html

Hey Fakhoury:

I am going to take this kind of news from Coinbase with a BIG grain of salt.  Coinbase seems to be considerably distracted by alt coin pumping and dumping, so their non-bitcoin distracted ways of striving to make money remains questionable regarding the extent to which the actions of Coinbase is bullish about bitcoin or their distraction into supporting other projects that might really be a kind of indirect attack on bitcoin (the one that brought Coinbase to the dance in the first place).

Welcome back my dear and old friend JJG,

Here is another source

https://www.coindesk.com/coinbase-crypto-jobs-hiring/

Article at https://www.newsbtc.com/2018/08/30/research-firm-satis-group-predicts-bitcoin-at-144000-in-10-years-bitcoin-cash-at-180/

Thanks for the bullish news my old dear friend, BitcoinNewsMagazine.

But I'm somehow confident that in a decade we will be $1MM+, not at $1xx,xxx 

Didn't expect this from you my dear old friend LFC, aren't you bullish anymore or making fun of me ?

https://www.coindesk.com/bitgo-receives-regulatory-approval-to-custody-crypto-assets/

Bitgo receives approval in South Dakota to be an institutional custodian of crypto assets. Dunno what the deal is with operating in other states, but it sounds like they have clients lined up and waiting.

Institutional investors are FOMOing and they are in for a s***load of money, thanks for the bullish news my old dear friend, Gentlemand.

Coinbase Doubles Staff Count To 500, Even In Bear Market

News URL : http://www.cryptonic.tech/2018/09/coinbase-doubles-staff-count-to-500.html

Hey Fakhoury:

I am going to take this kind of news from Coinbase with a BIG grain of salt.  Coinbase seems to be considerably distracted by alt coin pumping and dumping, so their non-bitcoin distracted ways of striving to make money remains questionable regarding the extent to which the actions of Coinbase is bullish about bitcoin or their distraction into supporting other projects that might really be a kind of indirect attack on bitcoin (the one that brought Coinbase to the dance in the first place).

FWIW, I use Coinbase, and it seems to be a competent and well run company, even if it is suffering from massive growth pains.  And I think this massive growth they are experiencing is indicative of the future, where they are positioning themselves.  They do have alt coin trading, as any good well run business should, but I don't think it is a distraction as much as just offering the most for the customer which they cater to.

I doubt they will have the resources and time to waste with possible bad investments.  Their "Vault" even seems to be a relatively safe way to store BTC, even though I keep mine in off line cold storage.

The big picture of BTC may be hard to see, but the periphery of the industry, as exemplified by Coinbase, is showing the stress of what could be massive growth and expectations.

 

Welcome my bullish old friend, Bitmore. As I've said above, the Institutional investors are FOMOing and they are in for a s***load of money which in place will reflect on the price for sure.

FWIW, I use Coinbase, and it seems to be a competent and well run company, even if it is suffering from massive growth pains.  And I think this massive growth they are experiencing is indicative of the future, where they are positioning themselves.  They do have alt coin trading, as any good well run business should, but I don't think it is a distraction as much as just offering the most for the customer which they cater to.

I doubt they will have the resources and time to waste with possible bad investments.  Their "Vault" even seems to be a relatively safe way to store BTC, even though I keep mine in off line cold storage.

The big picture of BTC may be hard to see, but the periphery of the industry, as exemplified by Coinbase, is showing the stress of what could be massive growth and expectations.

 

IMPORTANT:  If "YOU" do not own the KEY to your wallet, the coins in that wallet are NOT your coins!

Coinbase does NOT give YOU the KEY to your wallet.  Which means it's NOT "YOUR" wallet.  It's THEIR wallet!

Perfect to stress on this again and again but hey dmwardjr, where the heck have you been our dear and old permabull friend ?! Long time since we've seen you, or me at least.

[Fakhoury]

Lightning progress 9/15

News URL : https://www.reddit.com/r/Bitcoin/comments/9g2hxk/lightning_progress_915/

[dmwardjr]

Perfect to stress on this again and again but hey dmwardjr, where the heck have you been our dear and old permabull friend ?! Long time since we've seen you, or me at least.

Hi Fakhoury,

Good to see you still have the thread going strong!  ; )

As for me:  I worked real hard for several months remodeling and enlarging my mining room while adding an additional 200 Amps power service upgrade.  Only a couple of months after the remodel and power upgrade, I have decided to shut down my GPU mining.  I've been selling a LOT of hardware on eBay since July 29th.  At least 400 items in total to sale.  I've sold 107 items thus far.  Most of which have been GPU's.  I still have over 100 GPU's to sale; along with motherboards, 1150 socket processors with coolers, RAM, power supply units, power distribution units, 36 inch 6-pin cords, CAT6 cords of various lengths, different power cords, etc...

I'm currently remodeling my office and will have approximately 17 monitors for trading.  I also hired an Operations/Marketing Manager and an IT Manager to work with me on a trading signal and trading education website.  I hope to go LIVE with that website by end of October.  It could be end of November.  Not sure yet...

I do navigate to bitcointalk on occasions but not near as much as I used to.  I spend most of my time on Trading View when I'm not selling hardware on eBay or working on my office remodel.

David