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57 Pages«<555657
Bitcoin: Does it have a future ?
mnandii
#1121 Posted : Friday, August 23, 2019 11:03:31 PM
Rank: Veteran


Joined: 10/11/2006
Posts: 1,843
rwitre wrote:
Bakkt Going Live on 23rd September 2019

Quote:

One year ago, we announced our ambitious vision to bring institutional infrastructure to digital assets with an end-to-end regulated marketplace. That vision will be realized on September 23 when Bakkt launches custody and physically-delivered daily and monthly bitcoin futures contracts in partnership with ICE Futures U.S. and ICE Clear US.

Our contracts have already received the green light from the CFTC through the self-certification process and user acceptance testing has begun. With approval by the New York State Department of Financial Services to create Bakkt Trust Company, a qualified custodian, the Bakkt Warehouse will custody bitcoin for physically delivered futures. This offers customers unprecedented regulatory clarity and security alongside a regulated, globally accessible exchange in a market underserved by institutional-grade infrastructure.



Applause Applause Applause

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
rwitre
#1122 Posted : Wednesday, August 28, 2019 6:35:20 PM
Rank: Member


Joined: 3/8/2018
Posts: 374
Location: Nairobi
Alibaba, Tencent, Five Others To Receive First Chinese Government Cryptocurrency Source: Forbes

First they ignore you, then they laugh at you, then they fight you, then you win- Mahatma Gandhi

Quote:

China’s central bank will launch a state-backed cryptocurrency and issue it to seven institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.

At the time of launch, the recipient institutions will then be responsible for dispersing the cryptocurrency to 1.3 billion Chinese citizens and others doing business in the renminbi, China’s fiat currency.

What sets China’s DC/EP apart from libra and Carney’s “synthetic hegemonic currency” (SHC), according to Shulte, is that while libra is little more than early-stage computer code and the SHC doesn’t appear to have gone much further than Carney’s mind, the Chinese cryptocurrency is ready to launch. “China is barreling forward on reforms and rolling out the cryptocurrency,” says Schulte, who now runs an eponymous bank research firm. “It will be the first central bank to do so.”
Fortits101
#1123 Posted : Thursday, September 05, 2019 11:07:38 AM
Rank: New-farer


Joined: 5/22/2019
Posts: 12
Bitcoin is one of the best currency which can offer the best options for the earning money in good way.I have checked some of the best Bitcoin options for the trading and it will help the earning the money in good way.I have checked some of the best trading platform for the earning profit.
rwitre
#1124 Posted : Friday, September 06, 2019 11:01:44 AM
Rank: Member


Joined: 3/8/2018
Posts: 374
Location: Nairobi
Power of bitcoin

Quote:

According to data provided by Whale Alerts, a mammoth-sized transaction worth of 94,504 BTC ($1.018 billion at press time) has been recorded on the Bitcoin Blockchain. This is certainly one of the biggest transfers in the history of crypto

Bitcoin critics often trash the top coin because of its expensive transactions. However, the anonymous user had to fork out only $700 in fees to send his $1 billion cryptocurrency fortune.
mnandii
#1125 Posted : Monday, September 16, 2019 10:47:22 AM
Rank: Veteran


Joined: 10/11/2006
Posts: 1,843


Bitcoin should rise in wave [c] of E to complete wave (B). Targets for end of the triangle wave E is about $11,300s. Thereafter expect Bitcoin to fall sharply below $9,000s.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#1126 Posted : Monday, September 16, 2019 10:50:09 AM
Rank: Veteran


Joined: 10/11/2006
Posts: 1,843
rwitre wrote:
Power of bitcoin

Quote:

According to data provided by Whale Alerts, a mammoth-sized transaction worth of 94,504 BTC ($1.018 billion at press time) has been recorded on the Bitcoin Blockchain. This is certainly one of the biggest transfers in the history of crypto

Bitcoin critics often trash the top coin because of its expensive transactions. However, the anonymous user had to fork out only $700 in fees to send his $1 billion cryptocurrency fortune.

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Mukiri
#1127 Posted : Tuesday, September 17, 2019 12:12:37 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,209
mnandii wrote:


Bitcoin should rise in wave [c] of E to complete wave (B). Targets for end of the triangle wave E is about $11,300s. Thereafter expect Bitcoin to fall sharply below $9,000s.

How low do you anticipate it will get? I'm looking to time it thereabouts, might be the last chance from the 3k lows of early this year

Proverbs 19:21
Spikes
#1128 Posted : Wednesday, September 25, 2019 12:07:41 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,687
Location: Mombasa
Spikes wrote:
Bitcoin has now begun monthly/weekly price correction according to charts...
IMHO it may go lower to $ 7800 ...


Prophecy fulfilled. Accurate prophecies. Applause Applause Applause
John 5:17But Jesus replied, “My Father is always working, and so am I.”
Extraterrestrial
#1129 Posted : Saturday, October 05, 2019 3:47:55 PM
Rank: New-farer


Joined: 11/17/2018
Posts: 60
Location: Mars
Safaricom market capitalisation is c. 12.6% of GDP, while Kenya’s bitcoin holdings are just 1.9% of GDP.

The amount of 1,000 notes demonetised in Kenya was Sh. 217.6 billion. Kenya’s bitcoin holdings of c. Sh. 169.4 billion is surprisingly 77.8% of that!

Mukiri
#1130 Posted : Tuesday, October 08, 2019 1:26:53 AM
Rank: Elder


Joined: 7/11/2012
Posts: 5,209
mnandii wrote:


Bitcoin appears to have completed wave E (triangle) of (B) at $11,007. I therefore expect bitcoin to head below towards targets indicated by the pink lines. A move below $9000 will confirm this scenario while a rise above $10950 will negate it.

The targets if the scenario is confirmed are: $8348, $6730, $4109.One of them should act as support from which Bitcoin should explode to $19000 and beyond in the near future.

Which seems to be the more likely scenario?

Proverbs 19:21
rwitre
#1131 Posted : Wednesday, October 09, 2019 5:58:17 PM
Rank: Member


Joined: 3/8/2018
Posts: 374
Location: Nairobi
United Nations Agency Launches Bitcoin, Ethereum Crypto Fund

Source: FORBES

Quote:

The fund represents the first time any UN agency, much less one that generated $6.7 billion revenue last year, will be able to accept bitcoin and ethereum donations.

The prototype launched today with a donation of 1 bitcoin and 10,000 ether from the Switzerland-based Ethereum Foundation has already signed agreements with agencies from four nations, UNICEF USA, UNICEF France, UNICEF Australia, and UNICEF New Zealand to start accepting cryptocurrency donations immediately.
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