Bitcoin Trades at a PREMIUM in Hong Kong | Binance Venus vs Facebook Libra | Crypto.Com Updates





Bitcoin is currently trading at a premium in Hong Kong and people are protesting by withdrawing their money from the banking system. Mattie will tell you everything you need to know about the protests in HK as well as Hong Kong’s leading publication now accepting Bitcoin BTC and Bitcoin Cash as donations.

Mattie will also take a look at Binance announcing it’s Venus cryptocurrency which most likely will be competing with Facebook’s Libra. Crypto.com is also in the news today with the launch of “Pay your Friends” which will replace Venmo with crypto.
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References:

https://twitter.com/BTCKris_/status/1163132993935855616

*(Background story of protests in HK)* How the Hong Kong Protestors’ Tactical Brilliance Backed Beijing into a Corner
https://quillette.com/2019/08/19/how-the-hong-kong-protestors-tactical-brilliance-backed-beijing-into-a-corner
Bitcoin as protest: Hong Kong demonstrators withdraw their money from banking system
https://cryptoslate.com/bitcoin-protest-hong-kong-withdraw-money-bank
Bitcoin trades at a premium in Hong Kong amid mass demonstrations
https://technode.com/2019/08/15/bitcoin-trades-at-a-premium-in-hong-kong-amid-mass-demonstrations

Binance plans to launch ‘Venus,’ similar to Facebook Libra cryptocurrency
https://www.altcoinbuzz.io/crypto-news/product-release/binance-will-launch-facebook-libra-competitor-named-venus
https://cointelegraph.com/news/binance-reveals-venus-its-own-project-to-rival-facebooks-libra

Crypto.com Launches “Pay Your Friends” to Replace Venmo With Crypto
https://twitter.com/cryptocom/status/1163362472369115136
https://blog.crypto.com/crypto-com-launches-pay-your-friends-to-replace-venmo-with-crypto

Hong Kong’s leading publication accepts Bitcoin and Bitcoin Cash as a donation
https://www.tronweekly.com/hong-kong-leading-publication-free-press-accepts-bitcoin-bch-donations-now

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9 replies
  1. vanessa charlotte
    vanessa charlotte says:

    Soooo if you look at the dow chart and compare it to bitcoin it seems to tank more often when the dow tanks. Gold can drop when the dow drops but does not tank and halfvthe time spikes. Gold is going to spike for sure this time. If you plan on leaving the country BTC is the better choice.If you hodl a few years these things you will have a much much more, then hodling BTC. Greetings. My only advice is for current investors and newbies to take advantage of mr Jose Amaury’s program, a pro trader who runs a training program for investors/newbies who lack understanding on how Trading BITCOIN works, helping them recover loss from the crash and also accumulate more bitcoin ( No upfront payments ), with his program i went from having 1btc to 5.5btc in just 3weeks. Reach him out through His *Whatsapp/ +1(845)400-7574, telegrams @jose126 and Mail joseamaury240@gmail.

    Reply
  2. Thompson Udeme
    Thompson Udeme says:

    Bobby Lee, CEO of China’s first exchange- BTCC said before that it would take 20b years for BTC to reach $1 million. Now his prediction totally changed. Bobby Lee, the co-founder of BTCC(Hong Kong-based Bitcoin exchange) and the brother of Charlie Lee, Litecoin creator gave an extremely bullish prediction but started with bearish though. He claims Bitcoin might reach its all-time low in January 2019, reaching below $2500 and that Bitcoin might pick up from late 2020 and could reach $333,000 in 2021 and then fall down to $41,000 in 2023. He iterated that the market capital might reach $7 trillion, that might surpass the market cap of gold. explaining that everybody should buy more and join the gain, for me i advice you multiply the little you have with Walter’s strategy, i was able to make 7bt with 1.5bt in 3 weeks with the same strategy, You can reach him on Waltertrading10@yahoo. com

    Reply
  3. Thompson Udeme
    Thompson Udeme says:

    Bitcoin was originally created as an alternative, decentralized payment method,it was low-cost and almost instantaneous. An added benefit for merchants (less so for users) was that it was irreversible, removing the threat of expensive charge-backs.Recently bitcoin seems to have assumed the role of investment asset, as traders, institutional investors and small savers have woken up to the potential gains from price appreciation.I had always wonder how people make money from trading bitcoin.I watch several videos online until i came alone one with much recommendational comment of Mr Walter Aarav.So i contacted him even though I was skeptical, Behold I have made 3Btc in 1 months with his working strategies, if you have lost so much during fall or want to increase your portfolio like me, Reach him on *Email/ WALTERTRADING10@yahoo . or via telegram: + 1 323 776 6410 .feel free..

    Reply
  4. Bit Little
    Bit Little says:

    Because of the protests it's been trading at a premium in HK? Don't talk rubbish. It's ALWAYS been at a $300-500 premium. You've only noticed it now because of the protests. But sure spin it any way you like.

    Also, Binance's project is called Venus, as it clearly states, but you keep saying 'avenus'?

    Reply

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