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Not good for Bitcoin: US dollar is rebounding from multi-year support
The United States dollar has started to rebound from a multi-year support level. Simultaneously, the prices of both Bitcoin (BTC) and gold have both dropped off. Additionally, the European Central Bank’s (ECB) warning against the appreciating euro is further catalyzing the dollar’s rally. ECB looks to weaken the euro as the dollar just begins its […]
[uncensored-r/Bitcoin] US dollar will end 2017 as worst since 2003 while Bitcoin up 1372%
The following post by wwtt1210 is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7n4414 The original post's content was as follows:
[uncensored-r/Bitcoin] US Dollar is inevitable loosing its value. 1 USD = 0.84 Euro. 1 USD = 0.00011 Bitcoin
The following post by foundanotherscam is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7fnn36 The original post's content was as follows:
US Dollar is inevitable loosing its value. 1 USD = 0.84 Euro. 1 USD = 0.00011 Bitcoin
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This meme is getting out of hand. US dollar will ALWAYS be the strongest currency fiat or crypto, and you know why? Because... wait for it You pay your taxes in DOLLAR. Bitcoin as the global reserve currency? Think again. If you think the US government will ever start accepting tax payments in bitcoin (and cut their balls off completely giving up their hegemony for no reason) then sure, bitcoin could become the global reserve currency. And in this same fantasy world, pigs fly, there are pots of gold at the end of every rainbow, and people value tulips and houses exactly the same. At the end of the day, everybody reading this right now WILL cash out eventually. Because youll need to pay rent, or taxes, or youll want to buy something like a car or groceries or whatever... and you will need DOLLAR to do that. And especially when it comes to paying taxes, dont kid yourself. Unless you plan to live completely off the map, not have any real-world dollar income of any kind, you will owe taxes in dollar, and thus you will need to acquire dollars.
If the US gov created a digital US dollar tomorrow, what would happen to bitcoins price?
At the moment I see the clear advantage of btc over any world currency is that it is digital. But once that changes, how can btc continue to hold value as a digital currency. Would it’s value simply be as digital gold? And is that better or worse than right now where it’s a bit of both?
09-05 02:34 - 'Bitcoin Plunged Violently Losing 7% And Liquidated $100M Longs, Here Is Why' (self.Bitcoin) by /u/cryptoanalyticatech removed from /r/Bitcoin within 1405-1415min
''' Bitcoin has been rising for most of this year. However, it experienced a sharp fall on September 3 losing up to 7% of its value to sink towards $10,500. The losses happened in less than two hours liquidating more than 100 million worth of longs in the process. Taking a look at BitMEX alone, the sudden crash wiped out almost $99 million worth of longs. Three major factors might have likely caused a sudden drop in the price of the flagship crypto. The strength of the U.S. dollar, miner outflows, and major resistance are to blame for the sharp correction below $11K. Miner Outflows According to reports that emerged earlier today, large-scale mining pools are sending higher-than-normal amounts of Bitcoin to exchanges in recent days. This data indicated that miners were now preparing to sell their holdings which added selling pressure to the crypto markets. The CEO of CryptoQuant, Ki Young-Ju, wrote: “Miners send a certain amount of BTC to exchanges periodically, so they already have a large amount of BTC in the exchange. Whenever they decided to sell, it seems they move a relatively significant amount of BTCs to other wallets, and some of them are going to exchanges.” Miners represent one of the two sources of external selling pressure in the bitcoin market other than exchanges. When miners start to sell their holdings, it could cause considerable pressure on bitcoin. US Dollar Rally In the past three days, the US dollar has rallied against all other reserve currencies. The dollar showed some strong momentum against the euro. Based on previous reports, the European Central Bank (ECB) warned that the euro has become quite expensive. The ECB’s warnings rattled the markets resulting in a euro sell-off as most investors feared the imposition of various restrictions. As the US dollar started to rally from a multi-year support area, both gold and bitcoin declined steeply. Bitcoin Was At Strong Resistance The $12,000 to $12,500 range has acted as a strong area of resistance for bitcoin since 2018. Bitcoin’s price tested the $12,000 resistance level for the fourth time in a relatively short period. That might have led to a reaction from sellers which contributed to the pullback of bitcoin.\ But the price of bitcoin dropped to as low as $10,625 across major exchanges. A well-known pseudonymous trader, Salsa Tekila, said it is a strong support level at a higher time frame. Thus, a bounce is likely to happen in the near term. ''' Bitcoin Plunged Violently Losing 7% And Liquidated $100M Longs, Here Is Why Go1dfish undelete link unreddit undelete link Author: cryptoanalyticatech
In Alien, the starship that Ripley blew up cost only $42million. Today, SpaceX Starship will cost at least $2billion to develop. This gives us a sense of how inflation has changed the perception of dollar value since 1979, and why the crypto movement began in Bitcoin.
Converting Bitcoin (BTC) Payout from sportbook into US Dollars
My bookie sent BTC to my BTC wallet (mycelium). I am trying to get that BTC converted into US Dollars into my bank account. Do I have to send the BTC from my wallet into a custodial wallet in Coinbase or Gemini, and then withdraw into a bank? If this is the case, what is the best exchange in terms of low fees?
Dollar Prognose von PlanB, immer wieder heiß diskutiert werden. Sein Stock-to-Flow-Modell (S2F-Modell) beschreibt den Verlauf von Bitcoin mit einer „Genauigkeit von 95%“. Das und noch viele weitere Faktoren sorgen dafür, dass sein Modell die mit Abstand größte Beachtung bisher erhalten hat. Die Prognose von 100.000 und 1.000.000 US-Dollar scheinen im Moment in sehr weiter Ferne zu sein ... BTC USD: Hier finden Sie den aktuellen Wechselkurs von Bitcoin BTC und US-Dollar USD mit Chart, historischen Kursen und Nachrichten Der Bitcoin-Kurs ist in der Tat auch seit der Entstehung im Jahre 2012 unter heftiger Volatilität stark angestiegen. Auf Online-Handelsplattformen können Bitcoins in Euro, US-Dollar oder weitere ... Bitcoin: 100.000 US-Dollar bis 2025. Genauer gesagt ist es mit Mike McGlone sogar ein Analyst aus dem Hause Bloomberg, der jetzt ein solches Kursziel ausgerufen hat. Seine Begründung für diese ... Unlike US dollars, whose buying power the Fed can dilute by printing more greenbacks, there simply won't be more bitcoin available in the future. That has worried some skeptics, as it means a hack ...
"BITCOIN auf 1 MILLIONEN" US Dollar oder 0,00 US Dollar ...
Der Bitcoin hat im noch jungen Jahr 2020 bisher eine starke Performance hingelegt. Mittlerweile hat die Kryptowährung die Marke von 9.000 US-Dollar im Blick. Samir Boyardan von HeavytraderZ hält ... * Umfrage unterstreicht das enorme Potenzial von Bitcoin in Indien * Kann Bitcoin auf 1 Millionen US Dollar steigen ? * John McAfee nennt Bitcoin (BTC) “wert... Im heutigen Video sprechen wir über den kurzzeitigen Absturz des Bitcoin Preises auf $10 USD. Außerdem sehen wir uns an die die Zentralbanken den BTC beeinflussen und warum es Blockchain Kurse ... Bitcoin so sicher wie nie verwahren - https://amzn.to/2JVWhkD 100$ gratis bei Bybit - http://bit.ly/AllgTuts -----Mehr interessante Information... BITCOIN in "WENIGEN WOCHEN" auf $14.000 US Dollar! GEFAHREN für CRYPTO! Kryptowährungen News deutsch GEFAHREN für CRYPTO! Kryptowährungen News deutsch - Duration: 14:47.