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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.

Bitcoin Switzerland

The subreddit for Bitcoins in Switzerland.


CoinSalad.com: Bitcoin Market Charts, Data & Tools

Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate, current global bitcoin market price is around $7,300

submitted by olavic7 to worldpolitics [link] [comments]

The Bitcoin Market Price Chop — A Market Tale

The Bitcoin Market Price Chop — A Market Tale submitted by callykoot01 to cryptophile [link] [comments]

Bitcoin's market, price movement yet to attain clarity: eToro's Guy Hirsch

Bitcoin's market, price movement yet to attain clarity: eToro's Guy Hirsch submitted by n4bb to CoinPath [link] [comments]

Why is th Bitcoin market price so much higher in Canadian Exchanges than on International exchanges?

The question I have is: Why is BTC so much more expensive on Canadian exchanges than elsewhere?
E.g: right now 2018.10.16
Blockchain.com: 1BTC = 8593.08 CAD
Kraken.com : 1BTC = 8404.2 CAD
CBIX.ca1BTC = 8639.07 CAD (index only)
Bitbuy.ca : 1BTC = 9095.85 CAD (Buyable with Fiat)
QuadrigaCX.ca : 1BTC = 9095.93 CAD (Buyable with Fiat)

So it seems to me if I buy BTC (XBT) on Bitbuy in Canada and start with 10'000CAD worth:
Or am I mixing up something obvious?
I'm a newby in the Cryptocurrency game. If there is an obvious place to look this up, I'm happy if somebody points a link or search term in the right direction.

Many thanks
submitted by asozzi to BitcoinCA [link] [comments]

>I believe there is also currently a risk Bitcoin market price could fall below the required threshold (~$2400/BTC) very soon, which would compromise a lot of what is currently attempted until the price rises again. Still wondering what Mark meant by this.

>I believe there is also currently a risk Bitcoin market price could fall below the required threshold (~$2400/BTC) very soon, which would compromise a lot of what is currently attempted until the price rises again. Still wondering what Mark meant by this. submitted by jhansen858 to mtgoxinsolvency [link] [comments]

Bitcoin's market price so far today...

Bitcoin's market price so far today... submitted by Syndweller to Bitcoin [link] [comments]

New update crypto bitcoin market price golden and death cross

New update crypto bitcoin market price golden and death cross submitted by Johans_wilgat to CryptoCurrency [link] [comments]

Bitcoin's market *price* is trying to rally, but it is currently constrained by Core/Blockstream's artificial *blocksize* limit. Chinese miners can only win big by following the market - not by following Core/Blockstream. The market will always win - either with or without the Chinese miners.

Chinese miners should think very, very carefully:
The market will always win - with or without you.
The choice is yours.
The present post also inspired nullc Greg Maxwell (CTO of Blockstream) to later send me two private messages.
I posted my response to him, here:
If Chinese miners continue using artificially constrained code controlled by Core/Blockstream, then Bitcoin price / adoption / volume will also be artificially constrained, and billions (eventually trillions) of dollars will naturally flow into some other coin which is not artificially constrained.
The market always wins.
The market will inevitably determine the blocksize and the price.
Core/Blockstream is temporarily succeeding in suppressing the blocksize (and the price), and Chinese miners are temporarily cooperating - for short-term, relatively small profits.
But eventually, inevitably, billions (and later trillions) of dollars will naturally flow into the unconstrained, free-market coin.
That winning, free-market coin can be Bitcoin - but only if Chinese miners remove the artificial 1 MB limit and install Bitcoin Classic and/or Bitcoin Unlimited.
Previous posts:
There is not much new to say here - we've been making the same points for months.
Below is a summary of the main arguments and earlier posts:
Previous posts providing more details on these economic arguments are provided below:
This graph shows Bitcoin price and volume (ie, blocksize of transactions on the blockchain) rising hand-in-hand in 2011-2014. In 2015, Core/Blockstream tried to artificially freeze the blocksize - and artificially froze the price. Bitcoin Classic will allow volume - and price - to freely rise again.
Bitcoin has its own E = mc2 law: Market capitalization is proportional to the square of the number of transactions. But, since the number of transactions is proportional to the (actual) blocksize, then Blockstream's artificial blocksize limit is creating an artificial market capitalization limit!
(By the way, before some sophomoric idiot comes in here and says "causation isn't corrrelation": Please note that nobody used the word "causation" here. But there does appear to be a rough correlation between Bitcoin volume and price, as would be expected.)
The Nine Miners of China: "Core is a red herring. Miners have alternative code they can run today that will solve the problem. Choosing not to run it is their fault, and could leave them with warehouses full of expensive heating units and income paid in worthless coins." – tsontar
Just click on these historical blocksize graphs - all trending dangerously close to the 1 MB (1000KB) artificial limit. And then ask yourself: Would you hire a CTO / team whose Capacity Planning Roadmap from December 2015 officially stated: "The current capacity situation is no emergency" ?
Blockstream is now controlled by the Bilderberg Group - seriously! AXA Strategic Ventures, co-lead investor for Blockstream's $55 million financing round, is the investment arm of French insurance giant AXA Group - whose CEO Henri de Castries has been chairman of the Bilderberg Group since 2012.
Austin Hill [head of Blockstream] in meltdown mode, desperately sending out conflicting tweets: "Without Blockstream & devs, who will code?" -vs- "More than 80% contributors of bitcoin core are volunteers & not affiliated with us."
Be patient about Classic. It's already a "success" - in the sense that it has been tested, released, and deployed, with 1/6 nodes already accepting 2MB+ blocks. Now it can quietly wait in the wings, ready to be called into action on a moment's notice. And it probably will be - in 2016 (or 2017).
Classic will definitely hard-fork to 2MB, as needed, at any time before January 2018, 28 days after 75% of the hashpower deploys it. Plus it's already released. Core will maybe hard-fork to 2MB in July 2017, if code gets released & deployed. Which one is safer / more responsive / more guaranteed?
"Bitcoin Unlimited ... makes it more convenient for miners and nodes to adjust the blocksize cap settings through a GUI menu, so users don't have to mod the Core code themselves (like some do now). There would be no reliance on Core (or XT) to determine 'from on high' what the options are." - ZB
BitPay's Adaptive Block Size Limit is my favorite proposal. It's easy to explain, makes it easy for the miners to see that they have ultimate control over the size (as they always have), and takes control away from the developers. – Gavin Andresen
More info on Adaptive Blocksize:
Core/Blockstream is not Bitcoin. In many ways, Core/Blockstream is actually similar to MtGox. Trusted & centralized... until they were totally exposed as incompetent & corrupt - and Bitcoin routed around the damage which they had caused.
Satoshi Nakamoto, October 04, 2010, 07:48:40 PM "It can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit / It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete."
Theymos: "Chain-forks [='hardforks'] are not inherently bad. If the network disagrees about a policy, a split is good. The better policy will win" ... "I disagree with the idea that changing the max block size is a violation of the 'Bitcoin currency guarantees'. Satoshi said it could be increased."
"They [Core/Blockstream] fear a hard fork will remove them from their dominant position." ... "Hard forks are 'dangerous' because they put the market in charge, and the market might vote against '[the] experts' [at Core/Blockstream]" - ForkiusMaximus
Mike Hearn implemented a test version of thin blocks to make Bitcoin scale better. It appears that about three weeks later, Blockstream employees needlessly commit a change that breaks this feature
This ELI5 video (22 min.) shows XTreme Thinblocks saves 90% block propagation bandwidth, maintains decentralization (unlike the Fast Relay Network), avoids dropping transactions from the mempool, and can work with Weak Blocks. Classic, BU and XT nodes will support XTreme Thinblocks - Core will not.
More info in Xtreme Thinblocks:
4 weird facts about Adam Back: (1) He never contributed any code to Bitcoin. (2) His Twitter profile contains 2 lies. (3) He wasn't an early adopter, because he never thought Bitcoin would work. (4) He can't figure out how to make Lightning Network decentralized. So... why do people listen to him??
I think that it will be easier to increase the volume of transactions 10x than it will be to increase the cost per transaction 10x. - jtoomim (miner, coder, founder of Classic)
Spin-offs: bootstrap an altcoin with a btc-blockchain-based initial distribution
More info on "spinoffs":
submitted by ydtm to btc [link] [comments]

Bitcoin market price before crash -- CALL IT

So what do you think the price of Bitcoin (and market cap) will be at the time of the crash?
We're at 294 billion now. I think if we got anywhere close to a trillion people would be thinking, "What the fuck. This shit isn't worth a trillion."
Then it bottoms out.
submitted by run_the_trails to Buttcoin [link] [comments]

Damn girl, is your shirt Bitcoin's market price?

submitted by Pr2nnu to damngirl [link] [comments]

Analysis video New update crypto bitcoin market price golden and death cross

Analysis video New update crypto bitcoin market price golden and death cross submitted by Johans_wilgat to videos [link] [comments]

New update crypto bitcoin market price golden and death cross

New update crypto bitcoin market price golden and death cross submitted by kitchenpro to btc [link] [comments]

New update crypto bitcoin market price golden and death cross

New update crypto bitcoin market price golden and death cross submitted by cryptoanalyticabot to cryptoall [link] [comments]

New update crypto bitcoin market price golden and death cross

New update crypto bitcoin market price golden and death cross submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin market price app, 'Bitcoin Alarm,' is carefully cloaked malware

Bitcoin market price app, 'Bitcoin Alarm,' is carefully cloaked malware submitted by wwang8421 to Bitcoin [link] [comments]

Bitcoin Market Price Manipulation (images)

Bitcoin Market Price Manipulation (images) submitted by FuturesManipulation to bitcoin_uncensored [link] [comments]

Bitcoin Market Prices / SEC Futures / Manipulation

With all the recent talk about big money starting to trade OTC for bitcoin a lot of thoughts start to come to mind. Specifically when considering that these OTC markets are supposedly set up for high networth individuals as to not influence the normal market (lol). I mean WTF does that even mean? From where I sit it means that big money can load up on bitcoin while leaving the markets that normal networth people use unchanged. This is not a free market IMO! I mean I'm sure that there are pieces of this puzzle that I'm missing but here's the scenario as I see it today :
Big money finally understands and accepts bitcoin is the future and wants in. They also want to be able to control price as much as possible. In order to do so they create futures products on the CME, CBOE, and soon to be NASDAQ. All of these are regulated by the SEC. Ironically the bitcoin markets themselves are not. Enter OTC markets. Now, while all of the normal people are using the typical Coinbase, GDAXs, kraken etc , they want to buy and sell in a good old boy network that average people are financially locked out of. Worse yet is that these large block trades that would have originally been forced onto the GDAXs Krakens etc are now completely offline and don't move the prices at all! To top it off they try to sell this to the masses as a good thing! This is not a good thing IMO. The big money is pouring in billions of dollars and the value of Bitcoin as seen on the exchanges is barely budging. Furthermore now that they have federally regulated futures products there's nothing stopping them from simply placing huge sell orders with these OTC bought coins on the GDAXs of the world and causing a plunge in the price of bitcoin. I really hope someone can show me how I'm wrong here but I do not think futures or OTC are a good thing at all here.
submitted by BitcoinCanSaveUsAll to Bitcoin [link] [comments]

‘Crowd Psychology’ is the Main Factor Determining the Movements of #Bitcoin Market Prices

‘Crowd Psychology’ is the Main Factor Determining the Movements of #Bitcoin Market Prices submitted by cindx_platform to cindx [link] [comments]

Bitcoin mentioned around Reddit: Damn girl, is your shirt Bitcoin's market price? /r/damngirl

Bitcoin mentioned around Reddit: Damn girl, is your shirt Bitcoin's market price? /damngirl submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Analysis of Tether's Effects on Bitcoin Market Price

submitted by keksper to keksper [link] [comments]

Bitcoin Market Price Fell Below $8k

Bitcoin market price fell below $8,000 a 35 day low https://www.coinspeaker.com/2018/05/23/bitcoin-slips-8k-35-day-low-overall-crypto-market-correction/
submitted by ADconity_com to u/ADconity_com [link] [comments]

Bitcoin Market Prices / SEC Futures / Manipulation

Bitcoin Market Prices / SEC Futures / Manipulation submitted by arcral to AlternativeCoin [link] [comments]

Bitcoin  Chainlink  LINK BTC  Price Prediction Today ... Realistic Bitcoin Price Prediction by the end of 2020 and ... Bitcoin  Chainlink  LINK BTC Price Prediction Analysis Today & MARKET NEWS  March 2020 BITCOIN JUST FLASHED THIS DEVASTATING SIGNAL (btc crypto ... BitCoin Price in India - YouTube

This is a special number, because if bitcoin reaches this price level, its market capitalization will be equal to gold’s market valuation. Jeet Signh An important portfolio manager that worked for more than six years in the cryptocurrency world, predicted this year that Bitcoin could reach $50,000 dollars. The on-chain analyst suggested that the stock market decline will eventually stop pulling Bitcoin’s price lower and that BTC could break the correlation with the stock market and potentially rally higher. Bitcoin and the stock market decoupling? While data suggests that there is a strong correlation between Bitcoin and equities, crypto ... Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Market Wrap: Bitcoin Hits $10.7K; Options Market Likes Sub-$360 Ether Daniel Cawrey Sep 24, 2020 Bitcoin’s price popped Thursday while options traders take bearish ether October bets. Bitcoin (BTC) prices - Nasdaq offers cryptocurrency prices & market activity data for US and global markets.

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Bitcoin Chainlink LINK BTC Price Prediction Today ...

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. bitcoin is finally breakout from the long lasting down trend channel. Could this be a new begging in bitcoins price? I will address this question in this vid... 24 Hours ONLY - Sign Up to ANY Class and Unlock Our NEW Bonus Class! Hurry, Clock Is Ticking! Diamond Combo SAVE $600! + Save EXTRA $300 with BTC or ETH http... BTC Price Prediction Today Bitcoin News & Market Analysis Update April 2020 🏮 - Duration: ... This Bitcoin Price Metric Is Up 940% Since BTC $20,000 High Chainlink ... BTC (0:00) & LINK (12:30) Price Analysis. Check out BTCs Bull, Bear & Consolidation cases