The bitcoin (BTC) price, at the time of this writing, $7.980 from Bitstamp. This is 2,58%, lower than yesterday, around the same time. Yesterday, saw BTC at around lunch time all of a sudden a drop of $200. The volume of trade depends, approximately $15 billion.
Contents
1. Bitcoin (BTC) price list
Several of the analysts (on-Cryptotwitter) anticipate a decline in the market price, such as the popular AngeloBTC, with more than 123.000 followers.
Patiently waiting for the $6k $to BTC levels, a place where I will add to long term holdings.
Good luck homies.
— Angelo฿TC (@AngeloBTC) as of October 15, 2019
The analysts from the Big Bang of Crypto, and concluded on Wednesday evening at the following website:
What needs to be done to make the current support is at $7.700, to preserve it?
As Bitcoin is the 200 MA you know how to reach it (which is currently at about $8.550), and back on top of the $9.300 know how to get it, then it is unlikely that we will be under the $8,000 will go down.
In this scenario, we will be in the next few days for a bullish move to the $11,000 is to see.
And sometimes it’s good to get out of zoom mode: the corrections are part of it.
Without a correction, not a future contract. the theoretical gain, thus, Does Capital.
Bitcoin is no stranger to b retraces a few months prior to its respective Halving
These retraces will also happen to be the first major corrections in a new Bitcoin Bull Markethttps://t.co./4StGraQAaQ$BTC #Bitcoin #Crypto pic.twitter.com/QV14J9Nn4K
— Does Capital@rektcapital) as of October 16, 2019
2. Plan B bitcoin halvening 2020
Each and every 210.000 blocks in the bitcoin blockchain, there is a halvening takes place, a halving of the block reward, the so-called subsidy to the miners.
The second halvening events in 2012 and 2016, with the initial subsidy of 50 BTC (in two events), drawn and quartered for the present subsidy is 12.5 BTC.
In the next few years, by 2020, will be the next halving, the block reward halves, then 12.5 BTC, at 6,25 BTC.
The result of this is that there will be less bitcoin in the market. Now, there are about 18 million BTC on the market. Plan B, the Netherlands anonymous-quant and fund manager points out there is a subtly to it in the below tweet.
We are at about 6 months, before the May 2020 #bitcoin halving.
In 2012, btc jumped from $5 to $12 (2.3 x), as in those of 6 months before the halving. In 2016, btc jumped from $350 to $650 (1.7 x). pic.twitter.com/DKSQBOO2TD
— Plan for the lwa (@100trillionUSD) as of October 16, 2019
3. Tesla’s competitor is the Karma that accepts BTC as payment
Very occasionally, you will see there is a Karma Fisker car, drive it as opposed to the Model. However, with the Rate of 3 know the Mandarin is a breakthrough in the Netherlands.
Manufacturer of the Karma, also of California, continues to be new models on the market, and it comes with a primeurtje: they can accept bitcoin (BTC) as a payment method in their flagship store in Newport Beach, so notify the sea, in a news release.
4. Bitcoin is an inheritance, how does that work?
In the case of Quadriga CX has made it painfully obvious that it is for bitcoin as the ‘internet of money’ – it is important to get your affairs to be arranged.
Not only for yourself but also for your daily life or your heirs. Casa is well known as a manufacturer of the bitcoin nodes with a new service, for you to his / her estate.
Announcing Casa’s Covenant!
A Bitcoin is Steel Service, that solves the question:
“What happens to my bitcoin, when I die?”https://t.co/NtLuD9sy4P
— Casa (@CasaHODL) As Of October 16, 2019
You only need your private keys to gain access to your bitcoin. With this new service, there is a second private key as part of a multi-signature system.
The user may be a person point to the private key and manages it, with a notary, for example). There are three keys needed to access the bitcoin-credits to ‘unlock’.
One is in the possession of the Casa, and the second one is assigned to the second user and the third party must be the owner of a safe deposit box to store.
The heiress of this third-party kluiskey fetch, and then the rest of Casa, and of the notary public) in their key to bet on. In short, it is best to be complicated, but it is also a more logical and safe to use as expensive of BTC to go down.
5. Bitcoin ATM in Miami
The Miami international airport, which has its first Bitcoin ATM will be welcome. This is the world’s third-largest airport in the United States (for international flights).
The chief executive officer of Bitstop, When He explains that the ATM’s are very important to travelers:
“More and more people prefer using Bitcoin to travel, in lieu of cash. The vluchthave of Miami is the perfect place for customers to have easy dollars to get rid of the interior, to travel abroad (and vice versa).”
Worldwide, there are already over 5,700 ATMS are to be found. In the netherlands it’s not bad at all. CoinATMRadar to show that we have in our little country of 27 ATMS have been installed. The twelve pieces of this in Amsterdam, the netherlands.
6. The human-versus-computer
Finally, just as with a two about what Bitcoin actually is. It is a consensus that, over the thousands of computers that are achieved. This works much better than a ‘social consensus’, where a lot of people strive for.
As we know first have to maximize it by a decentraler network to create one), and, second, to reduce, that will make Bitcoin, but better.
The consensus protocol, which caused the Bitcoin revolution happens inside thousands of computers.
The “Social consensus” is completely different, and is as much of a mess as it ever was.
Bitcoin wins by maximizing the role of the former and ruthlessly minimizing the latter.
— Nick Szabo ? (@NickSzabo4) As Of October 16, 2019
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