Bitcoin (BTC) is at the time of this writing, at about the same price as it was yesterday: $10.643. Earlier this week, a lap of the course due to the limit of $10,000. But this is the biggest cryptomunt today to hang out.
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Also read: Bitcoin (BTC) analysis, the bulls are in the $11,000 is to break?
The IMF
Christine Lagarde calls for an open mind to innovations like bitcoin and other cryptovaluta. Lagarde stressed, however, that the ‘consumer protection’. It reports Cointelegraph. The International Monetary Fund (IMF), is also a candidate for the president of the European Central Bank (ECB).
The current president of the ECB, sees bitcoin and other cryptomunten, incidentally, is not money.
“With the development of new technologies, such as digital currencies, we need to be aware of the risks involved in the area of financial stability, the law of privacy and criminal activity.
We need to make sure that the rules are to be followed in order for the technology to be sent to the public good. But it also means that the benefits must be recognition of the innovation. We need the industry to make room for them to grow up.”
Christine Lagarde
Altcoins
The altcoinmarkt, it is once again peaceful and quiet. There is very little movement in most of the races, very few, exceptions raised, and this year, a lot of downs.
Cryptotwitter
Twitter is a wonderful medium to talk about bitcoin and the cryptospace. A few of the offerings we have today.
This is once again a figure, but a different one than you normally would. Bitcoin Charts, a tweet with the statistics of the percentage of the loss if you are at all time highs, bought.
Easy to miss since there’s a lot going on in this chart, but also note the 35%+ draw downs during the 2017 to bullrun. Timing of this would not be easy. #stacksats pic.twitter.com/kaFYgW69Uu
— sudo -u vile ./send a tweet (@sudogene September 4, 2019
Tim Draper is a well-known bitcoin optimist. He sees bitcoin as the next big thing that all the industries are going to change it. According to him, it is going to be a decentralized currency is more of a stir than the internet.
Tim Draper: “#Bitcoin Will Affect Industries in the 10-To 100-Times More Than the Internet Did”.. What you think? pic.twitter.com/4fDbV6okAh
— Eljaboom? (@Eljaboom September 4, 2019
Some criticize bitcoin in the past few years. As Joe Weisenthal explains why bitcoin will never have the bucks to replace it on a global scale.
Ok, Ok, fight me for Bitcoiners. Here’s the real reason that Bitcoin will never supplant the US dollar on a global scale. #TIMESTAMP.
From today’s @ ‘ Markets newsletter https://t.co/e5TYtjIuOw pic.twitter.com/hpAzNAvfLm
— Joe Weisenthal (@TheStalwart) September 3, 2019
Buying bitcoin is as of 28 april 2013 to be profitable for 94.6% of the time. The other percentages are mainly found in the run from 2017 to early 2018. And at the peak of the year.
As of today, 2019-09-04) buying bitcoin has been profitable for 94.6% of all days since 2013-04-28. #bitcoin pic.twitter.com/aWbh9zcHNA
— When buying Bitcoin profitable? (@CalendarProfit September 4, 2019
New and Bitcoin News all over: Bitcoin hodlers are in the positive, Binance Lending, and “Satoshi”, the lid on the nose
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