bitcoin #crypto #cryptocurrencies Get 10% off on TaxBit plans today: https://app.taxbit.com/invite/datadash (Sponsor) If you haven’t already, visit the link down …
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#bitcoin #crypto #cryptocurrencies
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Bitcoin has something to boast about. It has surpassed 500 million transactions since going live over 11 years ago.
The site provides data on BTC, showing realtime bitcoin node stats. A section titled “Transactions” shows a variety of different stats, including transaction sets, transactions accepted per second, etc. The information about the history of transactions is available in the graph called “Total Historical Transactions.”
For Bitcoin, a few powerful institutions reign over mining, and all of them are Chinese. Thus, it turned out that as of January 27, 2020, five Chinese-based pools provide 49.9% of the computing power of the bitcoin network. These pools include BTC.com, AntPool, F2Pool, BTC.top, and ViaBTC.
Moreover, they are all interconnected through the BitDeer platform. The latter enables consumers to rent mining capacities without the need to purchase and adjust equipment. To add, BitDeer is a partner of Bitmain, the manufacturer of ASIC miners.
Enjin ENJ has partnered with Chiliz CHZ, which will use the Enjin platform to mint NFTs for their partners.
References:
https://www.altcoinbuzz.io/blockchain-gaming/gaming-news/more-sports-nfts-as-chiliz-and-enjin-partner/
https://www.altcoinbuzz.io/cryptocurrency-news/finance-and-funding/bitcoin-is-making-the-community-happy-again/
https://www.altcoinbuzz.io/cryptocurrency-news/product-release/bitcoin-is-it-truly-decentralized/
https://www.bloomberg.com/news/articles/2020-02-06/fundstrat-s-top-chartist-sees-bitcoin-trending-above-10-000———
#Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano
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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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PlanB is a new phenomenon in the crypto space. He is the first person to apply the stock-to-flow model, that is being used for commodities, for Bitcoin. His model has a proven track record for both the entire Bitcoin history as the current SF ratio of commodities in combination of their market caps.
This is likely one of the most reliable and important models you can find for future price prediction of Bitcoin. It predicts a fair BTC price of $55,000 after the halving and a $100,000 closer to the halving in 2024. It also predicts a BTC market cap of $100 trillion when the SF of Bitcoin will be around 1000, or an inflation of 0,1% per year.
Whether or not this model will be correct towards the future, because there are always uncertainties, this model is a huge added value in the estimation of a fair Bitcoin price.
PlanB Twitter: https://twitter.com/100trillionUSD
Medium article analysis: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
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#bitcoin #crypto #cryptocurrencies
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👨💻 Want to start trading a wide range of crypto? My top choice is Binance. https://goo.gl/DZVYPn
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⚖️ Looking to buy physical gold or silver? I like Gold Silver LLC: https://tinyurl.com/goldsilver-dd
👨💻 Want to browse privately and earn money? Check out the Brave Browser: https://tinyurl.com/dd-brave
📝 Looking to file your crypto taxes? Check out TaxBit: https://tinyurl.com/taxes-dd
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Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
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#Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano #btcusd #btcprice
Disclaimer The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Bitcoin does look bullish right now. The coming halving could be a reason for recent price surges. Historically, Bitcoin has shown itself to be a hedge used to avoid risks and concerning global events. 2020 has had a dramatic beginning. If people worry about China or the global economy in 2020, switching to Bitcoin, just like purchasing gold, is a rational move.
With public service as their core value, the Phemex project donated 10K high-grade masks to the residents of Wuhan to assist with the Coronavirus. By contacting mask suppliers in Japan and hospitals in Wuhan, the team made sure the masks were delivered to the city. According to the team, a twitter user @piptitious helped them source the masks from Japan. Now that the Japanese government has raised some restrictions in sourcing the masks, the team is looking for alternatives to provide more help.
Justin Sun pointed to last year’s reshuffling of the TRX block rewards, which increased the inflation rate to almost 2 billion TRX per year. Meanwhile, the TRON hard cap was removed completely. In the same post, Sun stated that the reorganization of TRON’s block reward had nothing to do with him, or the TRON Foundation. Warren Buffett mentioned Bitcoin, not forgetting to criticize it. Buffett also cited why he didn’t think Bitcoin was a good investment. He recognizes the value of Blockchain and does not feel it is reflected in Bitcoin. Buffett thinks that people get protection from stocks and equity. The current US dollar system is doing this well. Bitcoin is simply a changing operation, with no added value. We disagree!
References:
Bitcoin Investing By Comedian Yumi Nagashima
https://twitter.com/emailshashwat/status/1226025218700763136
Fight Against Coronavirus- Phemex Donates 10K High Grade Masks
https://www.altcoinbuzz.io/cryptocurrency-news/spotlight/fight-against-coronavirus-phemex-donates-10k-high-grade-masks/
http://bit.ly/2RyTeSM
https://www.altcoinbuzz.io/cryptocurrency-news/spotlight/phemex-ceo-jack-tao-talks-about-coronavirus/
Justin Sun Bashes Ethereum but is he lying to his community?
https://twitter.com/justinsuntron/status/1225981108015259648
https://www.ccn.com/why-is-justin-sun-lying-to-tron-holders-follow-the-money/
Justin Sun finally shared a meal with Bitcoin skeptic Warren Buffett, Turns Into Dinner for Crypto Faithful
https://twitter.com/crypto/status/1225410049180344320
https://www.bloomberg.com/news/articles/2020-02-06/warren-buffett-lunch-turns-into-dinner-for-crypto-faithful
https://azcoinnews.com/warren-buffett-continues-to-criticize-bitcoin-but-supports-blockchain.html
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#Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano
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Sign up for Crypto.com and We Both Get $50 USD https://platinum.crypto.com/r/ab
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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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