The State of Cryptocurrency

[Asylum]

More news on the upcoming rise on Bitcoin and Crypto.

Bitcoin’s Huge Surge This Week Could Be The Tip Of The Iceberg As Investors Recall 2017 Gold Rush

The precise reason for bitcoin's rise was not immediately clear, though reports of an increase in bitcoin demand this week could herald a retail investor driven surge similar to bitcoin's epic 2017 rally...

www.forbes.com

 

[basco]

just hodl and wait or i am the dumbest person on earth.
pic your choice or go to casino and set all on red.

 

[Asylum]

Fresh news

Crypto Market Surges Over $200 Billion As Bitcoin, Ethereum, Ripple’s XRP And Litecoin Soar—Here’s Why

Bitcoin and other major cryptocurrencies are soaring—pushing the combined value of the crypto market back over $200 billion...

www.forbes.com

 

[dorsetknob]

Pulse.io is advising its customers to withdraw all digital funds from the site "as soon as possible," after announcing it'll shut down completely on June 26.

The online souk, which matched bitcoin (BTC) and bitcoin cash (BCH) users who wanted to buy Amazon gift cards at a discount and sellers that wanted cryptocurrency, said on Thursday that no new accounts will be allowed. On April 23 no new deals between buyers and sellers will be allowed, and all current transactions will be completed or terminated by the June 26 deadline.

 

[Asylum]

Coinbase is what I use.
Easy to set up and you can even use Paypal.
It is insured also.

Coinbase – Buy & Sell Bitcoin, Ethereum, and more with trust

Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide.

www.coinbase.com

 

[hat]

I wanted to use the coinbase debit card, but last time I checked that was EU only...

 

[R-T-B]

Coinbase is the only one I've ever used. All these other ops always kinda made me laugh in comparison... I mean I was surprised MtGox didn't die earlier, tbf

 

[Asylum]

Great outlook for investment.

Bitcoin Price Approaching Buy Opportunity, Says Crypto Pundit

Brave New Coin analyst Josh Olszewicz used the Ichimoku Cloud to predict a “once in a quarter” buy opportunity for Bitcoin

cointelegraph.com

 

[Asylum]

One more time for the cheap seats.

Bitcoin Prices Surge As 'Perfect Storm' Drives Gains

Bitcoin prices climbed nearly 8% in less than an hour today. How long with the cryptocurrency manage to hold these gains?

www.forbes.com

 

[R-T-B]

I sold my final holdings during this latest rise. Not in it for this ride anymore. Too stressful and life is enough.

Got around $200 for what would've been about half that not too long ago, so not bad.

 

[Skywalker12345]

Check out Gemini and Binance as well, also great choices.

 

[hat]

Nicehash seems to be behaving strangely. I haven't received a payment in a while, even though my unpaid balance keeps resetting to 0. So, I updated to the latest Nicehash Legacy (held on to an old version for a while because I had issues with the newest one at the time) and now my unpaid balance isn't moving from 0 at all. Hopefully they're not up to shenanigans...

 

[Asylum]

The wave is coming, do you have a board?

Bitcoin Halving: A New Class Of Bitcoin Millionaires May Emerge

The third bitcoin halving could be a major catalyst for monetary change, resulting in a generation of new crypto millionaires.

www.forbes.com

 

[R-T-B]

The wave is coming, do you have a board?

Bitcoin Halving: A New Class Of Bitcoin Millionaires May Emerge

The third bitcoin halving could be a major catalyst for monetary change, resulting in a generation of new crypto millionaires.

www.forbes.com

We get it, a halving is coming.

I don't see it working out well for bitcoin this time. Too many people were burned in the last bull rush to get back onboard and drive it back up. I could be wrong, but I won't be betting on it this time.

 

[Asylum]

You still have time!!

Bitcoin Price ‘Likely’ To Pass $10,000 Before Halving

As the market weighs whether bitcoin's third supply cut is priced in, one closely-watched crypto analyst has said he thinks it "likely" the bitcoin price will climb above the psychological $10,000 mark before the May 12th halving...

www.forbes.com

 

[trog100]

i think we are about to see cryptos climb.. i am an out and out hodler.. so i aint about to buy any but taking the feds money printing into account i see the crypto scene taking another run up..

trog

 

[FordGT90Concept]

Why? Economies opening up again makes cryptocurrencies unattractive.

Halving is a means to artificially inflate the value of it. New Bitcoin discovery is already painfully slow (and wasteful)...I don't see the point.

Seems to me like fools are about to get fooled again.

 

[trog100]

Why? Economies opening up again makes cryptocurrencies unattractive.

Halving is a means to artificially inflate the value of it. New Bitcoin discovery is already painfully slow (and wasteful)...I don't see the point.

Seems to me like fools are about to get fooled again.

economies opening up is a pipe dream ford.. they will try but fail.. this virus aint gonna go away.. its gonna do massive damage to the worlds economy.. wise up ford and you may figure out whats really going on..

trog

 

[hat]

I don't see how the current state of the world would be good or bad for cryptocurrency in any special way. All economies are taking a hit. If you can't buy something with regular money, then similarly there's no opportunity to buy it with crypto either.

 

[trog100]

it more about a store of value hat than buying stuff.. excessive fed money in theory will debase the value of the dollar.. the stock markets will go down more and money has to be parked somewhere..

gold silver and crypto being the obvious choices..

trog

 

[hat]

With so many out of work, I'm thinking the money that used to be flowing is just sitting with the businesses that are inactive. That business also isn't producing anything, whether it's a factory, or a service... so there's no money moving there, either. The economy is largely stalled. Nobody is working and there's nothing to buy, except the essentials, like food. There's nothing going on, so there's nothing to spend money on in the first place. This should be a negative thing all around, so I don't see crypto being any different.

 

[FordGT90Concept]

it more about a store of value hat than buying stuff.. excessive fed money in theory will debase the value of the dollar..

The dollar is deflating meaning it's going up in value. It's better to keep liquid money than invest in something risky like crypto or even stocks. Bonds are the best investments during deflation but it's really smart to keep a liquid buffer against the economy because raises are unlikely for a long time.

 

[trog100]

the experts seem to be torn between inflation and deflation.. the fed is artificially keeping the stock market afloat.. how long they can keep doing that for is unknown..

basically we are in uncharted waters.. money printing is inflationary.. people not buying anything is deflationary.. a lot of the crypto mining hardware will soon be obsolete.. i think we really are in who the -ck knows land.. he he

trog

 

[Asylum]

Don't make me say it.

Bitcoin Halving: Bitcoin Could Be About To Make Another Major Move

Bitcoin traders and investors are nervously counting down to next week's bitcoin supply squeeze, known as a halving...

www.forbes.com

 

[R-T-B]

Don't make me say it.

Bitcoin Halving: Bitcoin Could Be About To Make Another Major Move

Bitcoin traders and investors are nervously counting down to next week's bitcoin supply squeeze, known as a halving...

www.forbes.com

I will: The explosive era has passed. I don't see more stability as being bad for crypto though.