Bitcoin Price in 2012 | Finance Reference

𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008* 𝖂𝕰 𝖆𝖘𝖘𝖎𝖘𝖙 𝖞𝖔𝖚 24 𝕳𝖔𝖚𝖗𝖘.

𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase gives the USD Wallet and moreover Hosted Cryptocurren
cy Wallet Service to no
CRYPTO Wallet - safely shop, convey and furthermore get Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Ether Classic (ETC), Litecoin (LTC), ERC20 and XRP tokens, and furthermore ERC721 collectibles. You stay in charge of your keys, spared exclusively on your unit utilizing Secure Element know-how. We never have consent to get to the assets of yours.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
• Web three DAPP Browser - Access Web three Decentralized Applications (DApps) driven by Ethereum reasonable agreements. Find and access renowned DApps.
• CRYPTO PAYMENTS - Send cryptographic money installments to anyone, anyplace inside the world.
• BACKUP Private Keys to THE CLOUD - Backup your Wallet 's keys to Google Drive to assist you with avoiding losing your assets on the off chance that you drop the gadget of yours or even lose your recuperating expression.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*

Different features include:
• Generate an imaginative Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) just as XRP funds in secs • Connect your Coinbase.com financial balance and furthermore rapidly move crypto to the individual guardianship
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
• See the current cost of advantages in the wallet of yours inside your local money
• Automatically incorporate well known ERC20 tokens and furthermore ERC721 collectibles in your wallet • Browse Web three DApps like decentralized trades, person to person communication, collectibles and games, commercial centers, employments, crowdfunding, and different things.
detriment. This implies we are going to store your computerized cash and USD at zero expense to you. "Computerized cash" connotes some cryptographic cash right now maintained by Coinbase. We don't charge for moving computerized cash from one Coinbase wallet to one more.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase realizes and moreover pays mastermind trade costs, like digger's costs, for trades on computerized cash frameworks, i.e., moves of cryptographic cash on the Coinbase stage. For such a trades, Coinbase will charge you a cost subject to our estimation of the system trade costs that we predict spending for each purchase. In unequivocal conditions, the charge that Coinbase pays may differentiate from that estimation. All costs we charge you'll be revealed at the hour of your trade.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Advanced cash Transactions General Alongside getting or sending computerized money through Coinbase, buyers can
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
(1) Buy or even development one advanced cash (a cryptographic cash buy or even computerized money bargain).
(2) Turn one kind of advanced cash into another sort of cryptographic cash (a computerized cash change). Ensuing to checking inside to Coinbase.com, pick the blue Trade catch to see the feature screen.
Exactly when you demand a computerized cash trade, Coinbase will attempt to pack that demand through one or maybe certainly more demands on Coinbase's trading wedge, Coinbase Pro. Coinbase sets up the exchange number for advanced cash trades (customer exchange cost) by including an edge, or potentially spread (the spread), with the business community exchange rates on Coinbase (Pro exchange charge).
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase may in like manner charge an alternate charge (in add on the range), possibly a level cost, or maybe a piece on the trade (the Coinbase Fee), as more discussed underneath inside the walkway entitled Buy/Sell Transactions.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase Fees could change reliant on the zone of yours, various conditions, and portion technique. Sometimes, we may charge an extra cost on moves forward and backward from your's money related parity. We'll generally advise you regarding all Coinbase (disdain the edge) and other help costs which impact each trade soon before you con? Rm each arrangement shouldn't something be said about the receipt we issue to empower you to legitimately after each purchase has handled.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase spares the perfect to decay a trade if Coinbase can't pack a relating purchase on Coinbase Pro as there have a lot of changes in the market cost of an advanced money. An endeavor outperforms the most raised solicitation estimations on Coinbase Pro, or maybe a solicitation timing out in light of moderate server response time.
The Pro exchange charge likely won't be available in astonishing conditions on account of power outages or even standard help. To effortlessly you with constant providers at such time, we may get promote esteeming data from dangerous? Recorded cash switches. Exchange costs refered to in these conditions are needy upon a refered to spread outperforming fifty basic core interests.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
How Coinbase base become notable To keep up the crypto excitement, Coinbase needs to help genuine employments of crypto assets - and not just theory.
Coinbase is seen as the most standard client going up against crypto-asset exchange inside the United States. Working after 2011, customers are allowed by the association to purchase, advance, and store crypto assets, as ethereum and bitcoin.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
The association likely has noteworthy detectable quality with customers in an area that was once only the district of crypto-asset devotees. In mid-December, the business' flexible application goes to the best area on Apple's App Store.
Coinbase's customers regularly can be sorted as one of 2 social affairs: (one) theorists and (two) every single one of those executing with crypto-assets. For theorists, Coinbase inclinations moving money to its "cool amassing" vaults, that it ensures against Coinbase hacking. These vaults are isolated from on the web, and they offer extended security. For every single one of those executing (or trading on various exchanges), customers are allowed by Coinbase to introduce money from Coinbase on different various wallets.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase has taken off in affirmation and traded itself into the on-ramp for standard crypto theorists by placing itself in a protected harbor among crypto-asset switches. The association has never been hacked, not typical for a huge amount of its opponents. Coinbase has furthermore twistedly looked for after consistence with existing laws and law execution, putting it on the right piece of the law - another immense favored situation in a segment that residual parts inside wild enthusiasm of regulatory assistance.
Taking everything into account, while Coinbase is notable because of its crypto assets exchange, its more noteworthy goals than helping individuals purchase and sell crypto. The association's communicated target echoes crypto assets fans' central vision: to convey a recently out of the crate new, "open budgetary structure."
For the second being, notwithstanding the way that, Coinbase looks a phenomenal course of action like a standard fiscal organizations player. Coinbase can acquire money by charging costs considering its exchange and agent. Likewise, it supervisors customer money, for instance, a record, and picks what crypto assets for list, for instance, the NYSE or NASDAQ.
Coinbase, as needs be, winds up caught in universes: it is apparently the most especially financed blockchain association inside the United States, anyway it is a united association, not a decentralized record. The affiliation once promoted crypto assets since the "destiny of money" in any case positions itself as an approach to "buy and advance modernized cash." In habits that are many, Coinbase is the united on-ramp to some decentralized organic framework.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase has redesignd its illuminating notwithstanding customer experience to exploit this model, using its essential page right presently consoling supporters of "procurement and advance modernized money," correctly where it as of late welcomed endorsers of "the probable destiny of money." Thiswill make a great deal of feeling as a business: Coinbase makes salary on every single exchange (taking into account volume). It is thusly helped to help ordinary trading and theory decision.
Advantages of Coinbase
Coinbase is the means by which the world used crypto. In 2012, Coinbase had the underlying thought that anyone - anyplace - ought to positively safely and effectively get to Bitcoin. We notice digital currency as the likely eventual fate of money and an impetus for building an open budgetary technique around the planet.
These days, more than thirty-5,000,000 people in more than Coinbase are trusted by 100 nations to purchase, store, sell, use, and get digital money.
Coinbase's interface that is straightforward intends to make it basic for first-time clients to buy bitcoins. The most utilized installment techniques for Coinbase customers are purchasing having a Visa or perhaps a charge card and utilizing a bank move.
Coinbase Wallet joins different amazing abilities:
• Secure USER CONTROLLED
• Backup and recapture wallet utilizing standard 12 words BIP39 recuperating phrases (perfect with Cipher) and MetaMask
• Sign messages cryptographically along with your basic individual Coinbase is by all accounts focusing on novice bitcoin fans/casual brokers who like effortlessness. Moreover, they organize US shoppers and USD exchanging. Simultaneously, they're endeavoring to create past the "Purchase Bitcoin and have a charge card" specialty area of Circle.
Coinbase gives off an impression of being sensibly secure (no indications of disappearing with purchaser cash ala Mt. Gox). There have been various issues of records being shut and installments deferred/dropped, so be careful they consider a forceful, hands-on present towards each stage use, which might be associated with potentially sketchy action.
They appear to get particular treatment originating from US specialists and no doubt like to keep it as such by means of surpassing Policing clients and KYC prerequisites themselves.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
Coinbase gives the USD Wallet and moreover Hosted Cryptocurrency Wallet Service to no detriment. This implies we are going to store your computerized money and USD at zero expense to you. "Computerized cash" means some cryptographic cash right now maintained by Coinbase. We don't charge for moving advanced c
coinbase support number.
coinbase technical support number.
coinbase toll free number.
coinbase helpline number.
coinbase customer care number.
𝕮𝖔𝖎𝖓𝖇𝖆𝖘𝖊 🅃🄾🄻🄻 🄵🅁🄴🄴 𝕹𝖚𝖒𝖇𝖊𝖗 +1**833**905**2008\*
submitted by SnooPets2527 to u/SnooPets2527 [link] [comments]

PDF: Bitcoin research prediction algorithm using the location of the Sun

"Below are percentage ups and downs of the BTC(Bitcoin)/USD currency pair during times when the Sun and Mercury are in the same sign and also during times when the Sun and Mercury are in different signs. These statistics go back to 2012. My initial observation would conclude that there is a higher prevalence of a rise in BTC/USD when the Sun and Mercury are in different signs and a higher prevalence of a drop when the Sun and Mercury are in the same sign. Mercury retrograde periods, however, seem to reverse that pattern, making it to where the Sun and Mercury in different signs would drive the BTC/USD lower, while the Sun and Mercury in the same sign (during the retrograde) would bring it higher. Any of the stats marked below with an asterisk * are the dates that would be affected by the mercury retrograde" http://www.thedowcast.com/bitcoin-research-algorithm.html
submitted by thedowcast to Wall_Street_Bets_ [link] [comments]

PDF: Bitcoin research prediction algorithm using the location of the Sun

"Below are percentage ups and downs of the BTC(Bitcoin)/USD currency pair during times when the Sun and Mercury are in the same sign and also during times when the Sun and Mercury are in different signs. These statistics go back to 2012. My initial observation would conclude that there is a higher prevalence of a rise in BTC/USD when the Sun and Mercury are in different signs and a higher prevalence of a drop when the Sun and Mercury are in the same sign. Mercury retrograde periods, however, seem to reverse that pattern, making it to where the Sun and Mercury in different signs would drive the BTC/USD lower, while the Sun and Mercury in the same sign (during the retrograde) would bring it higher. Any of the stats marked below with an asterisk * are the dates that would be affected by the mercury retrograde" http://www.thedowcast.com/bitcoin-research-algorithm.html
submitted by thedowcast to wallstreetbets2 [link] [comments]

PDF: Bitcoin research prediction algorithm using the location of the Sun

"Below are percentage ups and downs of the BTC(Bitcoin)/USD currency pair during times when the Sun and Mercury are in the same sign and also during times when the Sun and Mercury are in different signs. These statistics go back to 2012. My initial observation would conclude that there is a higher prevalence of a rise in BTC/USD when the Sun and Mercury are in different signs and a higher prevalence of a drop when the Sun and Mercury are in the same sign. Mercury retrograde periods, however, seem to reverse that pattern, making it to where the Sun and Mercury in different signs would drive the BTC/USD lower, while the Sun and Mercury in the same sign (during the retrograde) would bring it higher. Any of the stats marked below with an asterisk * are the dates that would be affected by the mercury retrograde" http://www.thedowcast.com/bitcoin-research-algorithm.html
submitted by thedowcast to datasets [link] [comments]

Exbonds.com Review: 4%-5% daily for 50 days and principal back

Hello, HYIP investors. In this article, I will introduce a program called Exbonds.com. It just started today, namely 01st July and the first day online. Admin bought listing on my website two hours ago. Exbonds.com provides long term deposit plans to its investors, and you can get 4%-5% each calendar day. The most important things is that you can get back your initial deposit before maturity. Now let’s see it together.
Started: 2020–07–01
My deposit: $400
The amount of 400 USD has been withdrawn from your account. Accounts: U3869878->U23360895. Memo: Shopping Cart Payment. Deposit to EX BONDS LTD. User hyiper_net.. Date: 03:32 01.07.20. Batch: 321465971
Investment Plans
(1) Deposit 10–10000 dollars, earn 4% daily for 50 days and principal back
(2) Deposit 10000–100000 dollars, earn 5% daily for 50 days and principal back
These are two plans Exbonds.com provides. You can withdraw your initial deposits at any time with 10% fees charged. I think such investment plans will be attractive all investors.
For example, if you deposit $100, then you will earn $4 daily from Monday to Sunday. You can withdrawal or reinvest the daily profit as your willings. After 50 days reached, you will earn $200 profit with your initial deposit($100) back, totally $300. Of course, if you want to release your deposit before your plan expires, then you can do it at any time, but you will be charged 10% fees.
Promotional Rewards
Exbonds.com provides three level referral commissions for its promoters, that is 5%, 1% and 1%. So, if you register through my personal link, then welcome to submit RCB request within 24 hours after your successful investment. I will give 5% of your deposit amount back to your wallet.
Payment Options
You can choose among PerfectMoney, Payeer, Bitcoin, Litecoin, Ethereum, BitcoinCash, Dogecoin and Dash.
Withdrawal Type
The minimum withdrawal amount is 2 dollars, and your withdrawal request will be processed within 24 hours.
Whois Information
Domain Time: 2020/02/25–2020/02/25
IP Address: 190.115.24.210 is hosted on a dedicated server
IP Location: Belize — Belize City — Ddos-guard Corp.
ASN: AS262254 DDOS-GUARD CORP., BZ (registered Dec 05, 2012)
Summary
Exbonds.com runs its website on a brief but professionally designed template, and it is easy for investors to operate. Admin registered a UK company certificate for its program which is called “Ex Bond LTD”, and you can check the link below:
https://beta.companieshouse.gov.uk/company/12485609
Exbonds.com opened a Youtube channel, there are four tutorials for investors, including registration, deposit, withdrawal and reinvest. So if you don’t know how to take part in, just click the link below:
https://www.youtube.com/channel/UCveurYyc5sA2cZX5SotIibQ
If you have any other questions, you can contact their support through the online chat box at the bottom of their website, or use the contact info below.
Contact Info
Email: [email protected]
Facebook: https://www.facebook.com/Ex-Bonds-Ltd-110575004046383/
Telegram: https://t.me/exbonds
Twitter: https://twitter.com/exbondscom
Linkedin: https://www.linkedin.com/company/exbonds
Youtube: https://www.youtube.com/channel/UCveurYyc5sA2cZX5SotIibQ
Instagram: https://instagram.com/exbondscom
Register: https://exbonds.com/?ref=hyiper_net
Original: https://www.hyiper.net/blog/184.html
submitted by vipinvestor1988 to u/vipinvestor1988 [link] [comments]

Crypto exchange Coinbase readies landmark stock market listing, sources say

Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to three people familiar with the matter.
The listing would need the U.S. Securities and Exchange Commission’s (SEC) blessing. Were the watchdog to greenlight it, it would represent a landmark victory for cryptocurrency advocates vying for mainstream endorsement.
Coinbase could pursue the listing later this year or early next year, the sources said, cautioning that the plans are still subject to change. The company has not yet registered its intention to go public with the SEC, but has been in talks to hire investment banks and law firms, the sources added.
The sources requested anonymity because the listing preparations are confidential.
A Coinbase spokesman said the company does not comment on rumors or speculation. The SEC declined to comment.
While the SEC has said some cryptocurrencies may be considered securities and be subject to regulation, it has yet to issue specific guidance on most virtual coins. Many cryptocurrencies have struggled to win legitimacy among mainstream investors and a general public wary of their speculative nature and potential for money laundering.

VALUED AT $8 BILLION

One of the sources said that Coinbase, which was valued at more than $8 billion in its latest private fundraising round in 2018, is exploring going public via a direct listing instead of a traditional initial public offering (IPO).
In a direct listing, a company does not sell new shares as it does in an IPO and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.
Founded in 2012, Coinbase is one of the most well-known cryptocurrency platforms globally and has more than 35 million users who trade various virtual coins, including bitcoin, ethereum and XRP.
The New York Stock Exchange, BBVA and former Citigroup Inc (C.N) CEO Vikram Pandit are among those that have invested in the San Francisco-based company. It was one of the top beneficiaries of the bitcoin BTC=BTSP boom in 2017, a year in which the original cryptocurrency rocketed from $1,000 to almost $20,000. Bitcoin currently trades at close to $9,400.
On Wednesday, Coinbase said it had hired Facebook Inc FB.N deputy general counsel Paul Grewal as its chief legal officer.
Originally published by Anirban Sen, Joshua Franklin Anna Irrera | July 9, 2020 Reuters
submitted by kjonesatjaagnet to JAAGNet [link] [comments]

Bitcoin Predictions Update: Bitcoin Halvening Coming Up, Let's Review 2020's Bitcoin Price Predictions so far ...

Wrong, wonderfully delusional bullshit predictions:
Special thanks to Fran Strajnar and Dumpie Lee for their delusional coin shilling idiotic predictions, and extra special thanks to Redditor u/diydude2 for going way, way, way beyond the call of duty and continuing to make the dumbest and most delusional bullshit coin shill predictions the world has ever seen.
Anyway, enough with those delusional coin shilling idiotic predictions. What does the near future hold ?
Here's the coming Bitcoin Price predictions for May-2020:
Got any others ??? Please let me know. 😀
Anyway grab your popcorn 🍿🍿🍿 guys and gals, because the forecast is for yet another spectacular crop of delusional predictions to be proven to be bullshit. 🤣🤣🤣
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

Epic Cash AMA Recap with CryptoDiffer Community

CryptoDiffer team Hello, everyone! We are glad to meet here: Max Freeman (@maxfreeman4), Project Lead at Epic Cash Yoga Dude (@Yogadude), PR&Marketing at Epic Cash Xenolink (@Xenolink), Advisor at Epic Cash
Max Freeman Project Lead at Epic Cash Thanks Max, we are excited to be here!
Yoga Dude PR&Marketing at Epic Cash Hello Everyone! Thank you for having us here!
Xenolink Advisor at Epic Cash Thank you to the CryptoDiffer team and CryptoDiffer community for hosting us!
CryptoDiffer team Let`s start from the first introduction question: Q1: Can you introduce yourself to the community? What is your background and how did you join Epic Cash?
Yoga Dude PR&Marketing at Epic Cash
Hello! My background is Marketing and Business Development, I’ve been in crypto since 2011 started with Bitcoin, then Monero in 2014, Ethereum in 2015 and at some point Doge for fun and profit. I joined Epic Cash team in September 2019 handling PR and Marketing.
I saw in Epic Cash what was missing in my previous cryptos — things that were missing in Bitcoin and Monero especially.
Xenolink Advisor at Epic Cash
Hello Cryptodiffer Community, I am not an original co-founder nor am I a developer for the Epic Cash project. I am however a community member that is involved in helping scale this project to higher levels. One of the many beauties of Epic Cash is that every single member in the community has the opportunity to be part of EPIC’s team, it can be from development all the way to content producing. Epic Cash is a community driven project. The true Core Team of Epic Cash is our community. I believe a community that is the Core Team is truly powerful. EPIC Cash has one of the freshest and strongest communities I have seen in quite a while. Which is one of the reasons why I became involved in this project. Epic displayed some of the most self community produced content I have seen in a project. I’m actually a doctor of medicine but in terms of my experience in crypto, I have been involved in the industry since 2012 beginning with mining Litecoin. Since then I have been doing deep dive analysis on different projects, investing, and building a network in crypto that I will utilize to help connect and scale Epic in every way I can. To give some credit to those people in my network that have been a part of helping give Epic exposure, I would like to give a special thanks to u/Tetsugan and u/Saurabhblr. Tetsugan has been doing a lot of work for the Japanese community to penetrate the Japanese market, and Japan has already developed a growing interest in Epic. Daku Sarabh the owner and creator of Crypto Daku Robinhooders, I would like to thank him and his community for giving us one of our first large AMA’s, which he has supported our project early and given us a free AMA. Many more to thank but can’t be disclosed. Also thank you to all the Epic Community leaders, developers, and Content producers!
Max Freeman Project Lead at Epic Cash
I’m Max Freeman, which stands for “Maximum Freedom for Mankind”. I started working on the ideas that would become Epic in 2018. I fell in love with Bitcoin in 2017 but realized that it needs privacy at the base layer, fungibility, better scalability in order to go to the next level.
CryptoDiffer team
Really interesting backgrounds I must admit, pleasure to see the team that clearly has one vision of the project by being completely decentralized:)
Q2: Can you briefly describe what is Epic Cash in 3–5 sentences? What technology stands behind Epic Cash and why it’s better than the existing one?
Max Freeman Project Lead at Epic Cash
I’d like to highlight the differences between Epic and the two highest-valued privacy coin projects, Monero and Zcash. XMR has always-on privacy like Epic does, but at a cost: Its blockchain is over 20x more data intensive than Epic, which limits its possibilities for scalability. Epic’s blockchain is small and light enough to run a full node on cell phones, something that is in our product road map. ZEC by comparison can’t run on low end devices because of its zero knowledge based approach, and only 1% of transactions are fully private. Epic is simply newer, more advanced technology than prior networks thanks to Mimblewimble
We will also add more algorithms to widen the range of hardware that can participate in mining. For example, cell phones and tablets based around ARM chips. Millions of people can mine Epic that can’t mine Bitcoin, and that will help grow the network rapidly.
There are some great short videos on our YouTube channel https://www.youtube.com/channel/UCQBFfksJlM97rgrplLRwNUg/videos
that explain why we believe we have created something truly special here.
Our core architecture derives from Grin, so we are fortunate to benefit on an ongoing basis from their considerable development efforts. We are focused on making our currency truly usable and widely available, beyond a store of value and becoming a true medium of exchange.
Yoga Dude PR&Marketing at Epic Cash
Well we all have our views, but in a nutshell, we offer things that were missing in the previous cryptos. We have sound fiscal emission schedule matching Bitcoin, but we are vastly more private and faster. Our blockchain is lighter than Bitcoin or Monero and our tech is more scalable. Also, we are unique in that we are mineable with CPUs and GPUs as well as ASICs, giving the broadest population the ability to mine Epic Cash. Plus, you can’t forget FUNGIBILITY 🙂 we are big on that — since you can’t have true privacy without fungibility.
Also, please understand, we have HUGE respect to all the cryptos that came before us, we learned a lot from them, and thanks to their mistakes we evolved.
Xenolink Advisor at Epic Cash
To add on, what also makes Epic Cash unique is the ability to decentralize the mining using a tri-algo model of Random X (CPU), Progpow (GPU), and Cuckoo (ASIC) for an ability to do hybrid mining. I believe this is an issue we can see today in Bitcoin having centralized mining and the average user has a costly barrier of entry.
To follow up on this one in my opinion one of the things we adopted that we have seen success for , in example Bitcoin and Monero, is a strong community driven coin. I believe having a community driven coin will provide a more organic atmosphere especially when starting with No ICO, or Premine with a fair distribution model for everyone.
CryptoDiffer team
Q3: What are the major milestones Epic Cash has achieved so far? Maybe you can share with us some exciting plans for future weeks/months?
Yoga Dude PR&Marketing at Epic Cash
Since we went live in September of 2019, we attracted a very large community of users, miners, investors and contributors from across the world. Epic Cash is a very international project with white papers translated into over 30 languages. We are very much a community driven project; this is very evident from our content and the amount of translations in our white papers and in our social media content.
We are constantly working on improving our usability, security and privacy, as well as getting our message and philosophy out into the world to achieve mass adoption. We have a lot of exciting plans for our project, the plan is to make Epic Cash into something that is More than Money.
You can tell I am the Marketing guy since my message is less about the actual tech and more about the usability and use cases for Epic Cash, I think our Team and Community have a great mix of technical, practical, social and fiscal experiences. Since we opened our YouTube channels content for community submissions, we have seen our content translated into Spanish, French, German, Polish, Chinese, Japanese, Arabic, Russian, and other languages
Max Freeman Project Lead at Epic Cash
Our future development roadmap will be published soon and includes 4 tracks:
Usability
Mining
Core Protocol
Ecosystem Development
Core Protocol
Epic Server 2.9.0 — this release improves the difficulty adjustment and is aimed at making block emission closer to the target 60 seconds, particularly reducing the incidence of extremely short and long blocks — Status: In Development (Testing) Anticipated Release: June 2020
Epic Server 3.0.0 — this completes the rebase to Grin 3.0.0 and serves as the prerequisite to some important functional building blocks for the future of the ecosystem. Specifically, sending via Tor (which eliminates the need to open ports), proof of payment (useful for certain dex applications e.g. Bisq), and our native mobile app. Status: In Development (Testing) Anticipated Release: Fall 2020
Non-Interactive Transactions — this will enhance usability by enabling “fire and forget” send-to-address functionality that users are accustomed to from most cryptocurrencies. Status: Drawing Board Anticipated Release: n/a
Scaling Options — when blocks start becoming full, how will we increase capacity? Two obvious options are increasing the block size, as well as a Lightning Network-style Layer 2 structure. Status: Drawing Board Anticipated Release: n/a
Confidential Assets — Similar to Raven, Tari, and Beam, the ability to create independently tradable assets that ride on the Epic Blockchain. Status: Drawing Board Anticipated Release: n/a
Usability
GUI Wallet 2.0 — Restore from seed words and various usability enhancements — Status: Needs Assessment Anticipated Release: Fall 2020
Mobile App — Native mobile experience for iOS and Android. Status: In Development (Testing) Anticipated Release: Winter 2020
Telegram Integration — Anonymous payments over the Telegram network, bot functionality for groups. Status: Drawing Board Anticipated Release: n/a
Mining
RandomX on ARM — Our 4th PoW algorithm, this will enable tablets, cell phones, and low power devices such as Raspberry Pi to participate in mining. Status: Needs Assessment Anticipated Release: n/a
The economics of mining Epic are extremely compelling for countries that have free or extremely cheap electricity, since anyone with an ordinary PC can mine. Individual people around the world can simply run the miner and earn meaningful money (imagine Venezuela for example), something that has not been possible since the very early days of Bitcoin.
Ecosystem Development
Atomic Swaps — Connecting Epic to other blockchains in a trustless way, starting with ETH so that Epic can trade on DeFi infrastructure such as Uniswap, Kyber, etc. Status: Drawing Board Anticipated Release: n/a
Xenolink Advisor at Epic Cash
From the Community aspect, we have been further developing our community international reach. We have been seeing an increase in interest from South America, China, Russia, Japan, Italy, and the Philippines. We are working on targeting more countries. We truly aim to be a decentralized project that is open to everyone worldwide.
CryptoDiffer team
Great, thank you for your answers, we now can move to community questions part!
Cryptodiffer Community
You have 3 mining algorithms, the question is: how do they not compete with each other? Is there any benefit of mining on the GPU and CPU if someone is mining on the ASIC?
Max Freeman Project Lead at Epic Cash
The block selection is deterministic, so that every 100 blocks, 60% are for RandomX (CPU), 38% for ProgPow (GPU), and 2% for Cuckoo (ASIC) — the policy is flexible so that we can have as many algorithms with any percentages we want. The goal is to make the most decentralized and resilient network possible, and with that in mind we are excited to work on enabling tablets and cell phones to mine, since that opens it up to millions of people that otherwise can’t take part.
Cryptodiffer Community
To Run a project smoothly, Funding is very important, From where does the Funding/revenue come from?
Xenolink Advisor at Epic Cash
Yes, early on this was realized and in order to scale a project funds are indeed needed. Epic Cash did not start with any funding and no ICO and was organically genesis mined with no pre-mine. Epic cash is also a nonprofit community driven project similar to Monero. There is no profit-driven entity in the picture. To overcome the revenue issue Epic Cash setup a development fund tax that decreases 1% every year until 2028 when Epic Cash reaches singularity with Bitcoin emissions. Currently it is at 7.77%. This will help support the scaling of the project.
Cryptodiffer Community
Hi! In your experience working also with MONERO can you please clarify which are those identified problems that EPIC CASH aims to develop and resolve? What’s the main advantage that EPIC CASH has over MONERO? Thank you!
Yoga Dude PR&Marketing at Epic Cash
First, I must admit that I am still a huge fan and HODLer of Monero. That said:
✅ our blockchain is MUCH lighter than Monero’s
✅ our transaction processing speed is much faster
✅ our address-less blockchain is more private
✅ Epic Cash can be mined with CPU (RandomX) GPU (ProgPow) and Cuckoo, whereas Monero migrated to RandomX and currently only mineable with CPU
Cryptodiffer Community
  1. the feature ‘Cut Through’ deletes old data, how is it decided which data will be deletes, and what are the consequences of it for the platform and therefore the users?
  2. On your website I see links to download Epic wallet and mining software for Linux,Windows and MacOs, I am a user of android, is there a version for me, or does it have a release date?
Max Freeman Project Lead at Epic Cash
  1. This is one of the most exciting features of Mimblewimble, which is its extraordinary ability to compress blockchain data. In Bitcoin, the entire history of a coin must be replayed every time it is spent, and comprehensive details are permanently stored in the blockchain. Epic discards spent transaction inputs and consolidates outputs, storing neither addresses or amounts, only a tiny kernel to allow sender and receiver to prove their transaction.
  2. The Vitex mobile app is great for today, and we have a native mobile app for iOS and Android in the works as well.
Cryptodiffer Community
$EPIC Have total Supply of 21,000,000 EPIC , is there any burning plan? Or Buyback program to maintain $EPIC price in the future?
Who is Epic Biggest competitors?
And what’s makes epic better than competitors?
Xenolink Advisor at Epic Cash
We respect the older generation coins like Bitcoin. But we have learned that the supply economics of Bitcoin is very sound. Until today we can witness how the Bitcoin is being adopted institutionally and by retail. We match the 21 million BTC supply economics because it is an inelastic fixed model which makes the long-term economics very sound. To have an elastic model of burning tokens or printing tokens will not have a solid economic future. Take for example the USD which is an inflating supply. In terms of competitors we look at everyone in crypto with respect and also learn from everyone. If we had to compare to other Mimblewimble tech coins, Grin is an inelastic forever inflating supply which in the long term is not sound economics. Beam however is an inelastic model but is formed as a corporation. The fair distribution is not there because of the permanent revenue model setup for them. Epic Cash a non-profit development tax fund model for scaling purposes that will disappear by 2028’s singularity.
Cryptodiffer Community
What your plans in place for global expansion, are you focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships?
Yoga Dude PR&Marketing at Epic Cash
Since we are a community project, we have many developers, in addition to the core team.
Our plans for Global expansion are simple — we have advocates in different regions addressing their audiences in their native languages. We are growing organically, by explaining our ideology and usability. The idea is to grow beyond needing a fiat bridge for crypto use, but to rather replace fiat with our borderless, private and fungible crypto so people can use it to get goods and services without using banks.
We are not limiting ourselves to one particular demographic — Epic Cash is a valid solution for the gamers, investors, techie and non techie people, and the unbanked.
Cryptodiffer Community
EPIC confidential coin! Did you have any problems with the regulators? And there will be no problems with listing on centralized exchanges?
Xenolink Advisor at Epic Cash
In terms of structure, we are carefully set up to minimize these concerns. Without a company or investors in the picture, and having raised no funds, there is little scope to attack in terms of securities laws. Bitcoin and Ethereum are widely acknowledged as acceptable, and we follow in their well-established footprints in that respect. Centralized exchanges already trade other privacy coins, so we don’t see this as much of an issue either. In general, decentralized p2p exchange options are more interesting than today’s centralized platforms. They are more censorship resistant, secure, and privacy-protecting. As the technology gets better, they should continue to gain market share and that’s why we’re proud to be partnered with Vitex, whose exchange and mobile app work very well.
Cryptodiffer Community
What are the main utility and real-life usage of the #EPIC As an investor, why should we invest in the #EPIC project as a long-term investment?
Max Freeman Project Lead at Epic Cash
Because our blockchain is so light (only 1.16gb currently, and grows very slowly) it is naturally well suited to become a decentralized mobile money standard because people can run a full node on their phone, guaranteeing the security of their funds. Scalability in Bitcoin requires complicated and compromised workarounds such as Lightning Network and light clients, and these problems are solved in Epic.
With our forthcoming Mobile Mining app, hundreds of millions of cell phones and tablets will be able to easily join the network. People can quickly and cheaply send money to one another, fulfilling the long-envisioned promise of P2P electronic cash.
As an investor, it’s important to ask a few key questions. Bitcoin Standard tokenomics of disinflation and a fixed supply are well proven over a decade now. We follow this model exactly, with a permanently synchronized supply from 2028, and 4 emission halvings from now until then, with our first one in about two weeks. Beyond that, we can apply some simple logical tests. What is more valuable, money that can only be used in some cases (censorable Bitcoin based on a lack of fungibility) or money that can be used universally? (fungible Epic based on always-on privacy by default). Epic is also poised to be a more decentralized and therefore resilient network because of wider participation in mining. Epic is designed to be Bitcoin++ Privacy, Fungibility, Scalability
Cryptodiffer Community
Q1. What are advantages for choosing three mining algorithms RandomX+, ProgPow and CuckAToo31+ ?
Q2. Beam and Grin use MimbleWimble protocol, so what are difference for Epic? All of you will be friends for partners or competitors?
Max Freeman Project Lead at Epic Cash
RandomX and ProgPow are designed to use the entirety of a CPU / GPU’s unique processing capabilities in a way that other types of hardware don’t work as well. You can run RandomX on a GPU but it doesn’t work nearly as well as a much cheaper CPU, for example. Cuckoo is a “memory hard” algorithm that widens the range of companies that can produce the hardware.
Grin and Beam are great projects and we’ve learned a lot from them. We inherited our first codebase from Grin’s excellent Rust design, which is a better language for community participation than C++ that Beam currently uses.
Functionally, Mimblewimble is similar across the 3 coins, with standard Confidential Transactions, CoinJoin, Dandelion++, Schnorr Signatures and other advanced features. Grin is primarily ASIC-targeted, Beam is GPU-targeted, and Epic is multi-hardware.
The biggest differences though are in tokenomics and project structure. Grin has permanent inflation of 60 coins per block with no halvings, which means steady erosion of value over time due to new supply pressure. It also lacks a steady funding model, making future development in jeopardy, particularly as the per coin price falls. Beam has a for-profit model with heavy early inflation and a high developer tax. Epic builds on the strengths of these earlier mimblewimble projects and addresses the parts that could be improved.
Cryptodiffer Community Some privacy coin has scalability issues! How Epic cash will solve scalability issues? Why you choose randomX consensus algorithem?
Xenolink Advisor at Epic Cash
Fungibility means that you can’t distinguish one unit of currency from another, in example Gold. Fungibility has recently become a hot issue as people have been noticing Bitcoins being locked up by exchanges which may of had a nefarious history which are called Tainted Coins. In example coins that have been involved in a hack, darknet market transactions, or even processing coin through a mixer. Today we can already see freshly mined Bitcoins being sold at a premium price to avoid the fungibility problem Bitcoin carries today. Bitcoin can be tracked by chainalysis and is not a fungible cryptocurrency. One of the features that Epic has is privacy with added fungibility, because of Mimblewimble technology, Epic has no addresses recorded and therefore nothing can be tracked by chainalysis. Below I provide a link of an example of what the lack of fungibility is resulting in today with Bitcoin. One of the reasons why we chose the Random X algo. is because of the easy barrier of entry and also to further decentralize the mining. Random X algo can be mined on old computers or laptops. We also have 2 other algos Progpow (GPU), and Cuckoo (ASIC) to create a wider decentralization of mining methods for Epic.
Cryptodiffer Community
I’m a newbie in crypto and blockchain so how will Epic Cash team target and educate people who don’t know about blockchain and crypto?
What is the uniqueness of Epic Cash that cannot be found in other project that´s been released so far ?
Yoga Dude Pr&Marketing at Epic Cash
Actually, while we have our white paper translated into over 30 languages, we are more focused on explaining our uses and advantages rather than cold specs. Our tech is solid, but we not get hung up on pure tech talk which most casual users do not need to or care to understand. As long as our fundamentals and tech are secure and user friendly our primary goal is to educate about use cases and market potential.
The uniqueness of Epic Cash is its amalgamation of “whats good” in other cryptos. We use Mimblewimble for privacy and anonymity. Our blockchain is much lighter than our competitors. We are the only Mimblewimble crypto to use a unique cocktail of mining algorithms allowing to be mined by casual miners with gaming rigs and laptops, while remaining friendly to GPU and CPU farmers.
The “uniqueness” is learning from the mistakes of those who came before us, we evolved and learned, which is why our privacy is better, we are faster, we are fungible, we offer diverse mining and so on. We are the best blend — thats powerful and unique
Cryptodiffer Community
Can you share EPIC’s vision for decentralized finance (DEFI)? What features do EPIC have to support DEFI?
Yoga Dude PR&Marketing at Epic Cash
We view Epic as ideally suited to be the decentralized digital reserve asset of the new Private Internet of Money that’s emerging. At a technology level, atomic swaps can be created to build liquidity bridges so that wrapped Epic tokens (like WBTC, WETH) can trade on other networks as ERC20, BEP2, NEP5, VIP180, Algorand and so on. There is more Bitcoin value locked on Ethereum than in Lightning Network, so we will similarly integrate Epic so that it can trade on networks such as Uniswap, Kyber, and so on.
Longer term, if there is market demand for it, thanks to Scriptless Script functionality our blockchain has, we can build “Confidential Assets” (which Raven, Tari, and Beam are all also working on) that enable people to create tokenized assets in a private way.
Cryptodiffer Community
If you could choose one celebrity to promote Epic-cash, who that would be?
Max Freeman Project Lead at Epic Cash
I am a firm believer that the strength of the project lies in allowing community members to become their own celebrities, if their content is good enough the community will propel them to celebrity status. Organic celebrities with small but loyal following are vastly more beneficial than big name professional shills with inflated but non caring audiences.
I remember the early days of Apple when an enthusiastic dude named Guy Kawasaki became Apple Evangelist, he was literally going around stores that sold Apple and visited user groups and Evangelized his belief in Apple. This guy became a Legend and helped Apple become what it is today.
Epic Cash will have its OWN Celebrities
Cryptodiffer Community
How does $EPIC solve scalability of transactions? Current blockchains face issues with scalability a lot, how does $EPIC creates a solution to it?
Xenolink Advisor at Epic Cash
Epic Cash is utilizing Mimblewimble technology. Besides the privacy & fungibility aspect of the tech. There is the scalability features of it. It is implemented into Epic by transaction cut-through. Which means it allows nodes to remove all intermediate transactions, thus significantly reducing the blockchain size without affecting its validation. Mimblewimble also does not use addresses like a BTC address, and amount of transactions are also not recorded. One problem Monero and Bitcoin are facing now is scalability. It is evident today that data is getting more expensive and that will be a problem in the long run for those coins. Epic is 90% lighter and more scalable compared to Monero and Bitcoin.
Cryptodiffer Community
what are the ways that Epic Cash generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project ?
Max Freeman Project Lead at Epic Cash
There is a block subsidy of 7.77% that declines 1.11% per year until 0, where it stays after that. As a nonprofit community effort, this extremely modest amount goes much further than in other projects, which often take 20, 30, even 50+ % of the coin supply. We believe that this ongoing funding model best aligns the long term incentives for all participants and balances the compromises between the ends of the centralized/decentralized spectrum of choices that any project must make.
Cryptodiffer Community
Q1 : What are your major goals to archive in the next 3–4 years?
Q2 : What are your plans to expand and gain more adoption?
Yoga Dude Pr&Marketing at Epic Cash
Max already talked about our technical plans and goals in his roadmap. Allow me to talk more about the non technical 😁
We are aiming for broader reach in the non technical more mainstream community — this is a big challenge but we believe it is doable. By offering simpler ways to mine Epic Cash (with smart phones for example), and by doing more education we will achieve the holy grail of crypto — moving past the fiat bridges and getting Epic Cash to be accepted as means of payment for goods and services. We will accomplish this by working with regional advocacy groups, community interaction, off-line promotional activities and diverse social media targeting.
Cryptodiffer Community
It seems to me that EpicCash will have its first Halving, right? Why a halving so soon?
Is a mobile version feasible?
Max Freeman Project Lead at Epic Cash
Our supply emission catches up to that of Bitcoin’s first 19 years after 8 years in Epic, so that requires more frequent halvings. Today’s block emission is 16, next up are 8, 4, 2, and then finally 0.15625. After that, the supply of Epic and that of BTC stay synchronized until maxing out at 21m coins in 2140.
Today we have a mobile wallet through the Vitex app, a native mobile wallet coming, and are working on mobile mining.
Cryptodiffer Community
What markets will you add after that?
Yoga Dude PR&Marketing at Epic Cash
Well, we are aiming to have ALL markets
Epic Cash in its final iteration will be usable by everyone everywhere regardless of their technical expertise. We are not limiting ourselves to the technocrats, one of our main goals is to help the billions of unbanked. We want everyone to be able to mine, buy, and most of all USE Epic Cash — gamers, farmers, soccer moms, students, retirees, everyone really — even bankers (well once we defeat the banking industry)
We will continue building on the multilingual diversity of our global community adding support and advocacy groups in more countries in more languages.
Epic Cash is More than Money and its for Everyone.
Cryptodiffer Community
Almost, all cryptocurrencies are decentralized & no-one knows who owns that cryptocurrencies ! then also, why Privacy is needed? hats the advantages of Private coins?
Max Freeman Project Lead at Epic Cash
With a public transparent blockchain such as Bitcoin, you are permanently posting a detailed history of your money movements open for anyone to see (not just legitimate authorities, either!) — It would be considered crazy to post your credit card or bank statements to Twitter, but that’s what is happening every time you send a transaction that is not private. This excellent video from community contributor Spencer Lambert https://www.youtube.com/watch?v=0blbfmvCq\_4 explains better than I can.
Privacy is not just for criminals, it’s for everyone. Do you want your landlord to increase the rent when he sees that you get a raise? Your insurance company to raise your healthcare costs because they see you buying too much ice cream? If you’re a business, do you want your employees to see how much money their coworkers make? Do you want your competitors to trace your supplier and customer relationships? Of course not. By privacy being default for everyone, cryptocurrency can be used in a much wider range of situations without unacceptable compromises.
Cryptodiffer Community
What are the main utility and real-life usage of the #EPIC As an investor, why should we invest in the #EPIC project as a long-term investment?
Xenolink Advisor at Epic Cash
Epic Cash can be used as a Private and Fungible store of value, medium of exchange, and unit of account. As Epic Cash grows and becomes adopted it can be compared to how Bitcoin and Monero is used and adopted as well. As Epic is adopted by the masses, it can be accepted as a medium of exchange for store owners and as fungible payments without the worry of having money that is tainted. Epic Cash as a store of value may be a good long term aspect of investment to consider. Epic Cash carries an inelastic fixed supply economic model of 21 million coins. There will be 5 halvings which this month of June will be our first halving of epic. From a block reward of 16 Epic reduced to 8. If we look at BTC’s price action and history of their halvings it has been proven and show that there has been an increase in value due to the scarcity and from halvings a reduction of # of BTC’s mined per block. An inelastic supply model like Bitcoin provides proof of the circulating supply compared to the total supply by the history of it’s Price action which is evident in long term charts since the birth of Bitcoin. EPIC Plans to have 5 halvings before the year 2028 to match the emissions of Bitcoin which we call the singularity event. Below is a chart displaying our halvings model approaching singularity. Once bitcoin and cryptocurrency becomes adopted mainstream, the fungibility problem will be more noticed by the general public. Privacy coins and the features of fungibility/scalability will most likely be sought over. Right now a majority of people believe that all cryptocurrency is fungible. However, that is not true. We can already see Chainalysis confirming that they can trace and track and even for other well-known privacy coins today such as Z-Cash.
Cryptodiffer Community
  1. You aim to reach support from a global community, what are your plans to get spanish speakers involved into Epic Cash? And emerging markets like the african
  2. How am I secure I won’t be affected by receiving tainted money?
Max Freeman Project Lead at Epic Cash
Native speakers from our community are working to raise awareness in key markets such as mining in Argentina and Venezuela for Spanish (Roberto Navarro called Epic “the holy grail of cryptocurrency” and Ethiopia and certain North African countries that have the lowest electricity costs in the world. Remittances between USA and Latin American countries are expensive and slow, so Epic is also perfect for people to send money back home as well.
Cryptodiffer Community
Do EPICs in 2020 focus more on research and coding, or on sales and implementation?
Yoga Dude PR&Marketing at Epic Cash
We will definitely continue to work on research and coding, with emphasis on improved accessibility (especially via smartphones) usability, security and privacy.
In terms of financial infrastructure will continuing to add exchanges both KYC and non KYC.
Big part of our plans is in ongoing Marketing and PR outreach. The idea is to make Epic Cash a viral sensation of sorts. If we can get Epic Cash adopters to spread the word and tell their family, coworkers and friends about Epic Cash — there will be no stopping us and to help that happen we have a growing army of content creators, and supporters.
Everyone with skin in the game gets the benefit of advancing the cause.
Folks also, this isn’t an answer to the question but an example of a real-world Epic Cash content —
https://www.youtube.com/watch?v=XtAVEqKGgqY
a challenge from one of our content creators to beat his 21 pull ups and get 100 epics! This has not been claimed yet — people need to step up 🙂 and to help that I will match another 100 Epic Cash to the first person to beat this
Cryptodiffer Community
I was watching some videos explaining how to send and receive transactions in EpicCash, which consists of ports and sending links, my question is why this is so, which, for now, looks complex?
Let’s talk about the economic model, can EpicCash comply with the concept of value reserve?
Max Freeman Project Lead at Epic Cash
In V3, which is coming later this summer, Epic can be sent over Tor, which eliminates this issue of port opening, even though using tools like ngrok.io, it’s not necessarily as painful as directly configuring the router ports. Early Lightning Network had this issue as well and it’s something we have a plan to address via research into non-interactive transactions. “Fire and Forget” payments to an address, as people are used to in Bitcoin, is coming to Epic and we’re excited to develop functionality that other advanced mimblewimble coins don’t yet have. We are committed to constant improvement in usability and utility, to make our money system the ease of use leader.
We are involved in the project (anyone can join the Freeman Family) because we believe that simply by choosing to use a form of money that better aligns with our ideals, that we can make a positive change in the world. Some of my thoughts about how I got involved are here: https://medium.com/epic-cash/the-freeman-family-e3b9c3b3f166
Max Freeman Project Lead at Epic Cash
Huge thanks to our friends Maks and Vladyslav, we welcome everyone to come say hi at one of our friendly communities. It is extremely early in this journey, our market cap is only 0.5m right now, whereas the 3 other mimblewimble coins are at $20m, $30m and $100m respectively. Epic is a historic opportunity to follow in the footsteps of legends such as Bitcoin and Monero, and we hope to become the first Top 5 privacy coin project.
Xenolink Advisor at Epic Cash
Would like to Thank the Cryptodiffer Team and the Cryptodiffer community for hosting us and also engaging with us to learn more about Epic. If anyone else has more questions and wants to know more about EPIC , can find us at our telegram channel at https://t.me/EpicCash .
Yoga Dude Pr&Marketing at Epic Cash
Thank you, CryptoDiffer Team, and this wonderful Community!!!
Cryptodiffer TEAM
Thank you everyone for taking your time and asking great questions
Thank you for your time, it was an insightful session
Spread the love
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PDF: Bitcoin research prediction algorithm using the location of the Sun

"Below are percentage ups and downs of the BTC(Bitcoin)/USD currency pair during times when the Sun and Mercury are in the same sign and also during times when the Sun and Mercury are in different signs. These statistics go back to 2012. My initial observation would conclude that there is a higher prevalence of a rise in BTC/USD when the Sun and Mercury are in different signs and a higher prevalence of a drop when the Sun and Mercury are in the same sign. Mercury retrograde periods, however, seem to reverse that pattern, making it to where the Sun and Mercury in different signs would drive the BTC/USD lower, while the Sun and Mercury in the same sign (during the retrograde) would bring it higher. Any of the stats marked below with an asterisk * are the dates that would be affected by the mercury retrograde" http://www.thedowcast.com/bitcoin-research-algorithm.html
submitted by thedowcast to investing_discussion [link] [comments]

Ways to Buy Bitcoin with ACH

Ways to Buy Bitcoin with ACH
https://preview.redd.it/ol270s1e8d551.png?width=680&format=png&auto=webp&s=9caae2bbe61ee243112dff43ea7d6b6e0a336c5d
ACH is one of the fastest and cheapest ways to transfer money inside the US. In this post, I’ll cover the different Bitcoin exchanges that accept ACH transfers in order to buy Bitcoin from 3 Ways to Buy Bitcoin with ACH Instantly. Here you can see further details https://www.smartbitcoininvestments.com/buy-bitcoin-with-ach-transfe.
Buy Bitcoin with ACH Summary
ACH allows for faster and cheaper transfers than a traditional wire transfer. There are 3 popular options for buying Bitcoins with ACH – eToro, Coinbase and Gemini. The fastest and cheapest option would be eToro, however, you will not be able to withdraw your coins (only sell them back to USD).
If you want to buy actual Bitcoins with ACH use Coinbase:
· Go to Coinbase and sign up
· Verify your account
· Click on “Buy/Sell”
· Choose the amount to buy
· Choose ACH transfer
That’s how to buy Bitcoin with ACH in a nutshell. If you want a detailed review about the benefits of ACH and exchanges that accept it keep on reading, here’s what I’ll cover:
Why use ACH?
ACH (Automated Clearing House) is an electronic funds-transfer system that is used for payments inside the U.S. The ACH is run by the National Automated Clearing House Association (NACHA). Recent rule changes are enabling most credit and debit transactions made through the ACH to clear on the same business day.
When you use a wire transfer it can take several days for it to show up on an exchange. Alternatively, if you use an instant payment method like a credit card you usually end up paying a hefty amount in fees. ACH allows you the speedy transactions at the cost of a wire transfer.
2.Options for Buying Bitcoin with ACH
eToro
eToro is a trading platform that allows users to easily start buying and selling Bitcoins. They recently opened up their services to over 30 states around the US and are accepting ACH transfers.
The main difference between eToro and other exchanges is that deposits and withdrawals can be done with USD only. In other words, you can’t withdraw the Bitcoins you buy, only speculate on their price and sell them for USD.
There are no deposit fees for ACH transfers with eToro. You can read my eToro review for a complete overview of what eToro offers (including which countries it supports).
Coinbase and Coinbase Pro
Coinbase, established in 2012, is one of the oldest exchanges around. Coinbase is a brokerage service that is more suitable for beginners but it also has a trading platform called Coinbase Pro for more experienced traders.
With Coinbase, ACH transfers are completely free of deposit fees (unlike wire transfers). The transfer typically takes 3-5 business days (which may be as many as 7-10 calendar days, depending on the timing of weekends and other bank holidays) to complete after initiating a purchase. You may see the funds immediately debited from your bank account when you initiate the transfer, but the funds will not be transferred to your wallet until your payment has finished moving between the banks and clears in Coinbase’s bank account.
Gemini
Gemini, established in 2015 by Tyler and Cameron Winklevoss is one of the leading exchanges for buying Bitcoins in the US.
ACH transfers are completely free of deposit fees on Gemini. Although your bank balance may show your funds have left sooner, it typically takes at least 4-5 business days for a bank to communicate this to Gemini.
3. Conclusion
While at the moment the range of options for buying Bitcoin with ACH is a bit limited I’m sure that as more exchanges expand into the US they will also support ACH transfers.
For now, the exchanges listed above should give you a good enough solution as all of them are reputable and well-established exchanges.
submitted by nayarmalik999 to u/nayarmalik999 [link] [comments]

Easily generate income online | UNIEX

Easily generate income online | UNIEX
Dear as they are, I hope well. In this post I come to bring a very practical tool which allows the deposit of money in the form of cryptocurrencies passively and from the comfort of your homes. Before starting I want to clarify that I am not coming to bring you any lies in which you are going to have to download programs or do strange things, this is totally simple and it works. Nor do I come to tell you that they will be able to earn 50 or 100 dollars in a day or a week, since there is no such tool. There is no easy way to earn that much money (at least for normal people like me). I also clarify that you have not yet obtained the benefit of the page since I have just started. But in what I take time I did not find any problem or any reason how to stop using it. Clarified everything we begin:

What is UNIEX?

In simple words, uniex is a cloud mining system. Many wonder what is cloud "mining"? Those who know about cryptocurrencies will know what it is about. For newcomers (like me) cloud mining is the financial exchange of the future to which I have great faith. Since approximately 2012, the cryptocurrency was created every day and every year that passes, it has gained more strength and monetary value. Besides that it is a tool that skips all the policies or everything that has to do with the financial systems of the banks, being able to do what you want with your virtual money without explaining it to anyone.

https://preview.redd.it/akqb4pcnts451.jpg?width=1359&format=pjpg&auto=webp&s=16fa98e66b6fedba6f901c3dc062dba2b4dadfa3
In this post I am going to show you quickly how passive income can be generated. UNIEX is a page where you can invest to accelerate income, EYE, I am not telling you to invest, since virtual currencies fluctuate greatly and change value constantly. Although most cases are on the rise. If they do not invest they can have the same income, later we will see how much.

HOW TO START?

The first thing that I am going to leave you is the referral link of mine, so that you enter the page and can have USD 3 free to start reaping your cryptocurrencies passively

LINK: http://uniex.biz?ref=7ocplL

Once entered there are those who have a screen like this:

https://preview.redd.it/9u0uqb6tus451.jpg?width=1343&format=pjpg&auto=webp&s=d5556c179360a243efec8aefa5db3526ef7a6f49
In which they will only have to create one user. Once created, you can use the 3 free dollars they give you.
In this case with those three dollars you can start accumulating DOGECOIN as we see in the image.

https://preview.redd.it/7lucwzgqvs451.jpg?width=374&format=pjpg&auto=webp&s=b933890c9b8604d47cd93d894fbb690cdef434ae
To start farming cryptocurrencies we follow the following steps:

1st step: On the main page, press START EXTRACTION

https://preview.redd.it/35l09tjdws451.jpg?width=1353&format=pjpg&auto=webp&s=219b880ef67ff197f7e2c08dd71f71900442e700
2nd step: We click on MINING

https://preview.redd.it/4cvpamtiws451.jpg?width=1345&format=pjpg&auto=webp&s=ddb79e6bf6d6f5e2b2ce21927a19a835273a62b9
3rd step: We will see the screen as the image shows. We locate DOGECOIN and we will see that it is at 0%, that is, it is not accumulating the currency. We click on the meter and fill it 100% to start harvesting.

https://preview.redd.it/lirw1q00xs451.jpg?width=968&format=pjpg&auto=webp&s=6671170143fb1b3d080c48c1c30dc78d3be95cb8

https://preview.redd.it/ix9ob4p1xs451.jpg?width=960&format=pjpg&auto=webp&s=1d3b496bd877e109799d82aa595d3ae0761c828c
And that's all there is to it in order to start collecting cryptocurrencies. But now comes the most important and what interests us all:

How much do we earn with this method?

In the previous image you can see that I already have accumulated 2.63353423 DOGE. How much money is that? Well on the page investing.com you can go to the virtual currency converter and it gives the following.

https://preview.redd.it/ohjf6oifxs451.jpg?width=667&format=pjpg&auto=webp&s=fe55275344d67895266fcb9b82c25449f547f317
At that time you have managed to accumulate $ 0.0069, in approximately 2 hours. You will say "But that is nothing", the truth is that it is nothing. But this page works constantly, you can close it, turn off the PC, whatever you want. But they will continue to accumulate cryptocurrencies. Look at the following image:
https://preview.redd.it/oxcmjsdjys451.jpg?width=960&format=pjpg&auto=webp&s=d8b8c33982a9684522987e35bdb0dd0c110a26f4
On the right side we can see how many DOGECOIN we can obtain per hour, per day, per month and even per year.
Look at how much you would earn per month:

https://preview.redd.it/k2aqegotys451.jpg?width=659&format=pjpg&auto=webp&s=6ec666494699639830f1cc30ad89f038608740fb
In a month, without even entering the page we can passively earn up to USD 2,7025. And without doing anything difficult, just create an account and set collection 100%

How do I withdraw the money?

To see how much money we have we go to the "Balance" or "Balance" tab located below where it says "LIVE", depending on what language they have.

https://preview.redd.it/la8tkiat0t451.jpg?width=1355&format=pjpg&auto=webp&s=5820696d06e5704b939018bbf22decb88548784b
Once there you will see the following image:

https://preview.redd.it/bpocxza21t451.jpg?width=1344&format=pjpg&auto=webp&s=78a67e9392e905003f30daa783b26ccb6d686eee
In A we choose the DOGECOIN currency and then click B to exchange for dollars. A field will appear in C to complete with the amount of DOGECOIN we want to change to obtain the respective dollars. If I am not mistaken the minimum amount of dollars that we can change is USD 0.1, so we will need approximately 38 DOGECOINS.
Once changed to dollars we see the following image:

https://preview.redd.it/5gic54fd1t451.jpg?width=1343&format=pjpg&auto=webp&s=d92232acc748bc230fb100330d5e1607299782fd
Following the order, in A we choose the currency, in this case in dollars, (I don't have anything because I still hadn't changed it). In B we press WITHDRAW, and the screen C will appear, which indicates the two pages through which we can transfer the dollars, PERFECT MONEY and PAYEER. The minimum amount of dollars that can be withdrawn is USD 2.5, which is not much. Let's say every 1 month we can withdraw dollars. Or use them to invest which I explain later.
For example, I put how it would be from payeer:

LINK: https://payeer.com/013692447


https://preview.redd.it/1qk13edn1t451.jpg?width=1335&format=pjpg&auto=webp&s=375e1b5b537cf0ba974a1a87f689db1ef9ad3a4c
We can see in the first tab that tells us how many dollars we have (in this case 0) and then it can be transferred to your bank account. I can not put images of this since I have not been able to remove anything yet, but I can hardly make another post. To withdraw you just have to copy the ID shown above and paste it where it says "specify bag number" in the image above in the letter C.

Is there any way to speed up the collection of cryptocurrencies?

Yes, there are. Previously he had commented that on this page you could invest. I emphasize, you can invest but it is not an obligation, and you have to take all the precautions, cryptocurrencies change value constantly. So this is up to you and your responsibility.
To invest we go to the BUY THE POWER tab:

https://preview.redd.it/fc0azzv92t451.jpg?width=1360&format=pjpg&auto=webp&s=6a1b6a730cb3241461dff4312c6f2384bfc74a07
The following screen will appear:

https://preview.redd.it/tyh5bqas2t451.jpg?width=1326&format=pjpg&auto=webp&s=93bd56f9309d6e0dbd50dc4c479f0203eacd2bb4
Following the order of the letters they choose SCRYPT since we will start investing in DOGECOIN which is what we earn. Later when we have more money we can invest in Bitcoin or Ethereum, which are the currencies with the highest value in the cryptocurrency market today. In window B we will see the price in dollars to increase the speed and below we see the current speed. In C we choose the currency with which we are going to invest and then pressing BUY THE POWER we will obtain the increase of the collection.
To finish, when we invest, another interesting thing is enabled, which is a "roulette" in which we can win prizes such as bitcoins, or increased collection power for any currency. To see this press the gift that is on the left of the screen:

https://preview.redd.it/rwnw8uvz2t451.jpg?width=1327&format=pjpg&auto=webp&s=cf788b1e4a75a1c8342e174db70e01dd3a150d31
Una vez presionemos el boton Lets Play veremos algo así:

https://preview.redd.it/xqn7y6i63t451.jpg?width=1340&format=pjpg&auto=webp&s=78350d7e57745ac8de58e117a9e303fa005febcc
In A we will see our balance of Points. These points are obtained by investing money in BUY THE POWER previously explained. Logically the more we invest the more points they give us. We can bet these points on 1, 10 or 100 as shown in B. With their respective rewards shown in C. In the image the 10 point bet is selected. And the rewards are 0.1 Bitcoin which is a significant sum (almost USD1000) or 0.002 Bitcoin which is equivalent to USD 20 or force of power to increase the collection. There is always something to be gained and that is good because it will help us to accelerate the profit of money. If we select to bet 1 point we will get lower rewards, and when selecting 100 points the rewards are even greater.
Well to finish I wanted to tell you what is that tab that says LIVE in the upper left of the screen. If we press there we will have access to 3 cameras. Which two of them point to the "servers" of UNIEX and the third camera points to a television which indicates the extractions that are being carried out (I do not post screenshots because just then they did not work, but believe me they work). And all in real time, very good the truth. This indicates seriousness and gives confidence to the user for the page.
Well I hope I have been as clear as possible and have not left doubts. When I can withdraw I will add another post. I hope it works for you and you like it, and remember to be patient, something is not accomplished overnight.
Thank you.
submitted by Dimit122 to u/Dimit122 [link] [comments]

PDF: Bitcoin research prediction algorithm using the location of the Sun

"Below are percentage ups and downs of the BTC(Bitcoin)/USD currency pair during times when the Sun and Mercury are in the same sign and also during times when the Sun and Mercury are in different signs. These statistics go back to 2012. My initial observation would conclude that there is a higher prevalence of a rise in BTC/USD when the Sun and Mercury are in different signs and a higher prevalence of a drop when the Sun and Mercury are in the same sign. Mercury retrograde periods, however, seem to reverse that pattern, making it to where the Sun and Mercury in different signs would drive the BTC/USD lower, while the Sun and Mercury in the same sign (during the retrograde) would bring it higher. Any of the stats marked below with an asterisk * are the dates that would be affected by the mercury retrograde" http://www.thedowcast.com/bitcoin-research-algorithm.html
submitted by thedowcast to Wall_Street_Bets_ [link] [comments]

TRUE historical data on yearly lows (correcting repetitive historical false information spread on reddit and twitter)

Recently, wrong historical data on the alleged Bitcoin yearly lows could be repetitively read in ill-researched or "blindly copy-pasted" posts and tweets, e.g. falsely claiming a yearly low for 2013 of $65, where $13 is the correct value (wrong by a factor of 5)!
Here is the correct data:
TRUE yearly lows (first historically recorded trade occurred at MtGox exchange on 17th July 2010; bitstamp exchange started operation on 13 Sep 2011*):
*not included: Bitcoin prices of around $0.003 on Bitcoin USD markets recorded since 25th April 2010, consistent with famous two Bitcoin pizzas from 22nd May 2010 worth $30 for 10,000 BTC.
Yearly absolute lows (just omitting obvious implausible data flaws) - not recommended because short outliers of very low trade volumes can bias the view of the real market situation:
Yearly lows of daily weighted averages - more useful because short outliers with very low volumes are not biasing the statistics:
  • 2010: $0.05 (MtGox, 17th & 24th & 25th & 26th July)
  • 2011: $0.29 (MtGox, 4th January)
  • 2011: $2.24 (bitstamp, 21st October)
  • 2012: $4.33 (bitstamp, 19th February)
  • 2013: $13.01 (bitstamp, 1st January)
  • 2014: $305.81 (bitstamp, 5th October)
  • 2015: $189.84 (bitstamp, 14th January)
  • 2016: $370.21 (bitstamp, 3rd February)
  • 2017: $783.46 (bitstamp, 12th January)
  • 2018: $3171.72 (bitstamp, 15th December)
  • 2019: $3365.06 (bitstamp, 7th February)
  • 2020: <= $7030.21 (bitstamp, 2nd January)
Change rates:
  • 2011: x 5.8 (+480%)
  • 2012: x 14.9 (+1390%)
  • 2013: x 3.0 (+200%)
  • 2014: x 23.5 (+2250%)
  • 2015: x 0.6 (-40%)
  • 2016: x 2.0 (+100%)
  • 2017: x 2.1 (+110%)
  • 2018: x 4.0 (+300%)
  • 2019: x 1.1 (+10%)
  • 2020: <= x 2.1 (<= +110%)
How to do this yourself:
Example for 2013:
https://bitcoincharts.com/charts/bitstampUSD#rg60zczsg2013-01-01zeg2013-12-31ztgSzm1g10zm2g25zv
Click on "Load raw data" below the chart, copy-paste to spreadsheet like Libre Calc or MS Excel or Google documents, apply "min" function on the column of daily lows or daily weighted averages.
For year 2013 on bitstamp, the yearly low was reached on 1st January 2013: - Daily absolute low = $12.77 - Daily weighted average = $13.01
submitted by Amichateur to Bitcoin [link] [comments]

What To Do With My Crypto Assets – Episode 002

What To Do With My Crypto Assets – Episode 002

https://preview.redd.it/ppf4rkzvzfz41.png?width=3800&format=png&auto=webp&s=018c8643e993d2244589f404e63c16fca45ce5ee
It is to believe that the price of Bitcoin will increase after the Bitcoin Halving in May or June happening soon. This prediction is backed by the fact that the price of Bitcoin has increased during the last two Bitcoin Halvings in 2012 and 2016. Another prediction going around the cryptosphere is there will be a rise in Bitcoin price due to the coronavirus incident as people are moving their assets into someplace safer such as digital currencies.
The future could never be predicted but it does seem promising as the price continues to climb up after the price fall due to the coronavirus pandemic a few weeks ago. However, there are plenty of things you can do with cryptocurrency apart from keeping Bitcoin in the corner while waiting for the price to increase. When it comes to cryptocurrency, the sky’s the limit. This episode, consider doing things that has to do with trading:

Holding Coins

The simplest thing you could do with cryptocurrency is to buy and hold them until they obtain a fair market share. Consider investing in Bitcoin, Ethereum, Litecoin etc. This would consider being a long term investment as the value is appreciated as time goes by especially when paired against a high demand fiat currency such as USD or EURO.

Staking Coins

An alternative method is to stake coins. Although similar to holding coins, staking is holding crypto coins in a crypto wallet. By doing this, they will earn staking rewards and for securing the blockchain network. Examples of staking coins are Komodo, NAV Coin, Tezos etc. What’s more, the value of a coin will increase as the demand increases.

Arbitrage Trading

Arbitrage trading is when an asset is bought and sold at multiple platforms with a slightly different price. This would create an opportunity to earn a good cut in between by buying low and selling high on another exchange. Commonly, arbitrage trading uses A.I bots such as Cryptohopper and PSIGEN.

Day Trading

Cryptocurrency is known for its high volatility which only makes sense that you can benefit from day trading. Usually, seasoned traders are more comfortable with day trading compared to new traders. This is because of the many factors to consider in order to make profitable trading which explain why some would think day trading is complex.

Leverage Trading

Leverage trading or margin trading involves borrowing funds and investing more than your actual capital. This service is available on crypto exchange platforms such as Binance. For example, 25:1 leverage (or 25x) means that for every dollar the trader stakes in equity, they can trade $25. This is also known as a 4% margin trade.
If you are interested in trading and would like to explore the list mentioned above, sign up for Brexily. Brexily is a cryptocurrency trading platform that offers zero trading fees when paired against EVR tokens. The simple interface in Brexily makes it the perfect platform for users new to trading. Brexily is set to revolutionize the crypto trading platform with its exclusive feature that allows you to fully utilize your crypto coins by paying bills and utilities, book hotels and more with cryptocurrency.
Visit www.brexily.com to explore more.
***
submitted by everus-world to u/everus-world [link] [comments]

Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!

That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ???
Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth.
Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ...
.
Bitcoin Achievements so far:
  1. It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
  2. Many 1,000's of hacks, thefts, losses.
  3. Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
  4. Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
  5. Contributing significantly to Global Warming.
  6. Wastes vasts amounts of electricity on useless, do nothing work.
  7. Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
  8. It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
  9. It created a new way for people living too far from Vegas to gamble all their life savings away.
  10. Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
  11. Increased China's foreign trade balance by a couple billion dollars per year.
  12. Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
  13. Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
  14. Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
  15. Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
  16. Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
.
Correct Predictions:
  1. 2015-12: "1,000 dollar in 2015", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ (Technically, this prediction is WRONG because the highest price reached in 2015 was $495.56 according to CMC. Yes, Bitcoin reached $1,000 in 2013 and 2014, but that's NOT what the prediction says).
  2. 2017-12: "10,000 in 2017", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  3. 2018-04: $10,000 (by April 2018), Mike Novogratz, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.bloomberg.com/news/articles/2017-11-21/mike-novogratz-says-bitcoin-will-end-the-year-at-10-000
  4. 2018-12: $10,000 (by 2018), Tim Draper, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.youtube.com/watch?v=3AW5s6QkRRY
  5. Any others ? (Please tell me).
.
Bitcoin Promises / Claims / Price Predictions that turned out to be lies and bullshit:
  1. ANONYMOUS
  2. CENSORSHIP RESISTANT
  3. FRICTIONLESS
  4. TRUSTLESS
  5. UNCENSORABLE
  6. UNTRACEABLE
  7. SAFE
  8. SECURE
  9. YOU CANNOT LOSE
  10. NOT A SCAM
  11. PERMISSIONLESS
  12. GUARANTEED PRIVACY
  13. CANNOT BE SEIZED
  14. CANNOT BE CONFISCATED
  15. Be your own bank
  16. Regulation-proof
  17. NO MIDDLEMEN
  18. DECENTRALIZED
  19. Instantaneous transactions
  20. Fast transactions
  21. Zero / No transaction fees
  22. Low transaction fees
  23. A store of value
  24. A deflationary digital asset
  25. "A deflationary digital asset that no single human being can destroy."
  26. "an asset that is equally as dual use as a car, water, or any other traditional element that has existed."
  27. "Digital gold"
  28. Easy to use
  29. Cannot be stolen
  30. Cannot be hacked
  31. Can be mined by anyone
  32. Can be mined by anyone, even with an old computer or laptop
  33. Cannot be centralized
  34. Will return power back to the people.
  35. Not a Ponzi scam
  36. Not a Pyramid scam
  37. Never pay tax again
  38. Your gains cannot be taxed
  39. A currency
  40. An amazing new class of asset
  41. An asset
  42. A means to economic freedom
  43. A store of value
  44. The best investment the word has ever seen
  45. A great investment
  46. Efficient
  47. Scalable
  48. Stable
  49. Resilient
  50. Reliable
  51. Low energy
  52. Low risk
  53. Redistribute wealth to everybody
  54. No more have's and have not's
  55. No more US and THEM
  56. No more disadvantaged people
  57. No more RICH and POOR
  58. No more poor people
  59. Uses amazing new technology
  60. Uses ingenious new technology
  61. Satishi Nakamoto invented ...
  62. Segwit will solve all of Bitcoin's woes
  63. Lightning Network will solve all of Bitcoin's woes
  64. Limited by scarcity
  65. Can only go up in value
  66. Price cannot crash
  67. Has intrinsic value
  68. Value will always be worth more than cost to mine
  69. Adoption by investors is increasing exponentially
  70. Adoption by investors is increasing
  71. Adoption by merchants is increasing exponentially
  72. Adoption by merchants is increasing
  73. You are secure if you keep your coins on an exchange
  74. You are secure if you keep your coins in a hardware wallet
  75. You are secure if you keep your coins in an air-gapped Linux PC
  76. Will change the world
  77. "the next phase in human evolution"
  78. "Blockchain is more encompassing than the internet"
  79. Blockchain can solve previously unsolvable problems.
  80. "The only regulation we need is the blockchain"
  81. "Bank the unbanked"
  82. "To abolish financial slavery and the state's toxic monopoly on money."
  83. "To have better tools in the fight against the state violence and taxation."
  84. "To stamp information on a blockchain forever so we can bypass state censorship, copyrights, patents(informational monopolies) etc."
  85. Will destroy / overthrow FIAT
  86. Will destroy / overthrow the world's governments
  87. Will destroy / overthrow the banking system
  88. Will destroy / overthrow the world economies
  89. Will free people from tyranny
  90. Will give people financial freedom
  91. Will bring world peace
  92. Never going below $19K again
  93. Never going below $18K again
  94. Never going below $17K again
  95. Never going below $16K again
  96. Never going below $15K again
  97. Never going below $14K again
  98. Never going below $13K again
  99. Never going below $12K again
  100. Never going below $11K again
  101. Never going below $10K again
  102. Never going below $9K again
  103. Never going below $8K again
  104. Never going below $7K again
  105. Never going below $6K again
  106. Never going below $5K again
  107. Never going below $4K again
  108. Is NOT a Scam
  109. Hashing Power secures the Bitcoin network
  110. Untraceable, private transactions
  111. Guaranteed privacy
  112. Not created out of thin air
  113. Not created out of thin air by unregulated, unbacked entities
  114. Totally NOT a scam
  115. Is not used primarily by crimonals, drug dealers, or money launderers.
  116. 100% secure
  117. 2010 will be the "Year of Crypto"
  118. 2011 will be the "Year of Crypto"
  119. 2012 will be the "Year of Crypto"
  120. 2013 will be the "Year of Crypto"
  121. 2014 will be the "Year of Crypto"
  122. 2015 will be the "Year of Crypto"
  123. 2016 will be the "Year of Crypto"
  124. 2017 will be the "Year of Crypto"
  125. 2018 will be the "Year of Crypto"
  126. 2019 will be the "Year of Crypto"
  127. 2010: MASS ADOPTION any day now"
  128. 2011: MASS ADOPTION aany day now"
  129. 2012: MASS ADOPTION aaany day now"
  130. 2013: MASS ADOPTION aaaany day now"
  131. 2014: MASS ADOPTION aaaaany day now"
  132. 2015: MASS ADOPTION aaaaaany day now"
  133. 2016: MASS ADOPTION aaaaaaany day now"
  134. 2017: MASS ADOPTION aaaaaaaany day now"
  135. 2018: MASS ADOPTION aaaaaaaaany day now"
  136. 2019: MASS ADOPTION aaaaaaaaany day now"
  137. "Financial Freedom, bro."
  138. no single entity, government or individual, can alter or reverse its transactions
  139. insurance against the tyranny of state
  140. Bitcoin has come to destroy all governments and bring about the libertarian utopia of my dreams.
  141. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 2+ years.
  142. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 5+ years.
  143. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 7+ years.
  144. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 9+ years.
  145. 1,000's of predictions of skyrocketing and/or never falling prices
  146. Escape the petty rivalries of warring powers and nation states by scattering control among the many. The Bitcoin Cash debacle proves that even the most cryptographically secure plans of mice and men often go awry. Ref: https://www.reddit.com/Buttcoin/comments/9zfhb6/like_theres_only_one_flaw_with_buttcoin_crash/ea8s11m
  147. People will NEVER be able to welch out of bets or deals again. Nov-2018, Ref: https://www.reddit.com/Buttcoin/comments/9zvpl2/the_guy_who_made_the_1000_bet_that_btc_wouldnt/
  148. "Everything will be better, faster, and cheaper.", Brock Pierce, EOS.io shill video.
  149. "Everything will be more connected.", Brock Pierce, EOS.io shill video.
  150. "Everything will be more trustworthy.", Brock Pierce, EOS.io shill video.
  151. "Everything will be more secure.", Brock Pierce, EOS.io shill video.
  152. "Everything that exists is no-longer going to exist in the way that it does today.", Brock Pierce, EOS.io shill video.
  153. "Everything in this world is about to get better.", Brock Pierce, EOS.io shill video.
  154. You are a slave to the bankers
  155. The bankers print money and then you pay for it
  156. Bitcoin is The Peoples Money
  157. Bitcoin will set you free
  158. Bitcoin will set you free from the slavery of the banks and the government Ref: https://www.reddit.com/Bitcoin/comments/cd2q94/bitcoin_shall_set_you_free/
  159. ~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  160. "When transactions are verified on a Blockchain, banks become obsolete.", Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  161. SnapshillBot quotes from delusional morons:
  162. "A bitcoin miner in every device and in every hand."
  163. "All the indicators are pointing to a huge year and bigger than anything we have seen before."
  164. "Bitcoin is communism and democracy working hand in hand."
  165. "Bitcoin is freedom, and we will soon be free."
  166. "Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
  167. "Bitcoin most disruptive technology of last 500 years"
  168. "Bitcoin: So easy, your grandma can use it!"
  169. "Creating a 4th Branch of Government - Bitcoin"
  170. "Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
  171. "Future us will thank us."
  172. "Give Bitcoin two years"
  173. "HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
  174. "Cut out the middleman"
  175. "full control of your own assets"
  176. "reduction in wealth gap"
  177. "no inflation"
  178. "cannot print money out of thin air"
  179. "Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
  180. "If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
  181. "Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
  182. "NO COINERS will believe anything they are fed by fake news and paid media."
  183. "I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
  184. "I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
  185. "I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
  186. "I think Bitcoin will do for mankind what the sun did for life on earth."
  187. "I think the constant scams and illegal activities only show the viability of bitcoin."
  188. "I think we're sitting on the verge of exponential interest in the currency."
  189. "I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
  190. "If Jesus ever comes back you know he's gonna be using Bitcoin"
  191. "If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
  192. "If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
  193. "In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
  194. "In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
  195. "Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
  196. "It won't be long until bitcoin is an everyday household term."
  197. "It's the USD that is volatile. Bitcoin is the real neutral currency."
  198. "Just like the early Internet!"
  199. "Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
  200. "Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
  201. "let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
  202. "My conclusion is that I see this a a very good thing for bitcoin and for users"
  203. "No one would do such a thing; it'd be against their self interests."
  204. "Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
  205. "Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
  206. "Seperation of money and state -> states become obsolete -> world peace."
  207. "Some striking similarities between Bitcoin and God"
  208. "THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
  209. "The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
  210. "The bull run should begin any day now."
  211. "The free market doesn't permit fraud and theft."
  212. "The free market will clear away the bad actors."
  213. "The only regulation we need is the blockchain."
  214. "We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
  215. "We do not need the bankers for Satoshi is our saviour!"
  216. "We have never seen something so perfect"
  217. "We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
  218. "We verified that against the blockchain."
  219. "we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
  220. "Well, since 2006, there has been a infinite% increase in price, so..."
  221. "What doesn't kill cryptocurrency makes it stronger."
  222. "When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
  223. "When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
  224. "Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
  225. "Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
  226. "You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
  227. "You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
  228. "Your phone or refrigerator might be on the blockchain one day."
  229. The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
  230. Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
  231. It's impossible to hide illegal, unsavory material on the blockchain
  232. It's impossible to hide child pornography on the blockchain
  233. Fungible
  234. All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
  235. The price of Bitcoin can only go up.
  236. "Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  237. Scarcity
  238. The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
  239. immune to government regulation
  240. "a world-changing technology"
  241. "a long-term store of value, like gold or silver"
  242. "To Complex to Be Audited."
  243. "Old Auditing rules do not apply to Blockchain."
  244. "Old Auditing rules do not apply to Cryptocurrency."
  245. "Why Bitcoin has Value: SCARCITY.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  246. "Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  247. "Surely this digital scarcity has value.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  248. Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  249. "May 2018 will be the last time we ever see $bitcoin under $10,000", Charlie Shrem, bitcoin advocate and convicted felon, 11:31 AM 3-May-2018, https://twitter.com/CharlieShrem/status/992109375555858433
  250. "Last dip ever.", AngeloBTC, 14 Oct 2018, https://mobile.twitter.com/AngeloBTC/status/1051710824388030464/photo/1
  251. "Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally", Joseph Young, coin shill, October 15, 2018 22:30 CET, https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
  252. Bitcoin would be a buy if the price fell under $5,000., Mohamed El-Erian, chief economic advisor at Allianz, 29-Jun-2018, https://www.ccn.com/bitcoin-a-buy-below-5000-says-allianz-chief-economic-adviso
  253. 2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  254. 2018-02: Bitcoin price to hit $27,000 by February 2018, Trace Mayer, host of the Bitcoin Knowledge Podcast, and self-proclaimed entrepreneur, investor, journalist, monetary scientist and ardent defender, Link #1: https://mobile.twitter.com/TraceMayestatus/917260836070154240/photo/1, Link #2: https://www.bitcoinprice.com/predictions/
  255. 2018-06: "Bitcoin will surpass $15,000 in June [2018]." John McAfee, May 25, 2018, https://bitcoinist.com/john-mcafee-says-bitcoin-will-surpass-15000-in-june/
  256. 2018-07: Bitcoin will be $28,000 by mid-2018, Ronnie Moas, Wall Street analyst and founder of Standpoint Research, http://helpfordream.com/2018/12/23/5-bitcoin-price-predictions-gone-wrong/.
  257. 2018-12: Bitcoin to reach a price of between 40,000 and 110,000 US dollars by the end of the 2017 bull run ... sometime before 2019, Masterluc, 26-May-2017, an anonymous "legendary" Bitcoin trader, Link #1: https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/, Link #2: https://www.bitcoinprice.com/predictions/
  258. 2018-12: "There is no reason why we couldn’t see Bitcoin pushing $50,000 by December [2018]", Thomas Glucksmann, head of APAC business at Gatecoin, Link #1: https://www.bitcoinprice.com/predictions/
  259. 2018-12: Listen up you giggling cunts... who wants some?...you? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at 30 grand or more by next Christmas [2018] - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully" u/10GDeathBoner, 3-Feb-2018 https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/
  260. 2018-12: 1 bitcoin = 1 Lambo. Remind me on Christmas eve [2018] u/10GDeathBoner, 3-Feb-2018, https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/dtn2pna
  261. 2018-12: Been in BTC since 2014 and experienced many "deaths" of BTC... this too shall pass... $10k end of the year. [2018] u/Exxe2502, 30-Jun-2018 https://reddit.com/Bitcoin/comments/8uur27/_/e1ioi5b/?context=1
  262. 2018-12: "Yale Alumni prediction - 30 Grand by Christmas [2018] - and you my friend... you will be the one eating Mcafee's dick in 2020. :) -:", u/SirNakamoto, 15-Jun-2018, https://www.reddit.com/Buttcoin/comments/8r0tyh/fdic_agrees_to_cover_bitcoin_losses_in_event_of/e0nzxq7
  263. 2018-12: "Impossible For Bitcoin Not to Hit $10,000 by This Year (2018)", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 22-Sep-2018, https://www.newsbtc.com/2018/09/22/billionaire-novogratz-impossible-for-bitcoin-not-to-hit-10000-by-this-yea
  264. 2018-12: "[Bitcoin] between $13,800 and $14,800 [by end of 2018]", Fundstrat's Tom Lee, 13-Dec-2018, https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html
  265. 2018-12: "Bitcoin is going to be $15k-$20k by the end of the year (2018)", Didi Taihuttu, 1-Nov-2018, https://www.wsj.com/video/series/moving-upstream/the-bitcoin-gamble/85E3A4A7-C777-4827-9A3F-B387F2AB7654
  266. 2018-12: 2018 bitcoin price prediction reduced to $15,000 [was $25,000], Fundstrat's Tom Lee, 16-Nov-2018, https://www.cnbc.com/2018/11/16/wall-streets-crypto-bull-tom-lee-slashes-year-end-forecast-by-10000.html
  267. 2018-12: "I want to be clear, bitcoin is going to $25,000 by year end (2018)", Fundstrat's Tom Lee, 5-Jul-2018, https://www.cnbc.com/video/2018/07/05/tom-lee-i-want-to-be-clear-bitcoin-is-going-to-25000-by-year-end.html
  268. 2018-12: "Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
  269. 2018-12: "Bitcoin will be priced around $50,000 by the end of the year (2018)", Bitcoin bull Arthur Hayes, co-founder and CEO of BitMEX, 29-Jun-2018, https://www.cnbc.com/2018/06/29/bitcoin-will-reach-50000-in-2018-says-founder-of-bitcoin-exchange.html
  270. 2018-12: "Bitcoin could definitely see $50,000 in 2018", Jeet Singh, cryptocurrency portfolio manager, speaking in January 2018 at the World Economic Forum in Davos, https://www.dcforecasts.com/new-prediction-says-bitcoin-hit-50000-2018/
  271. 2018-12: "Bitcoin will hit $100,000 this year (2018)", Kay Van-Petersen, an analyst at Saxo Bank, 17-Jan-2018, https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html
  272. 2018-12: "Bitcoin price to surpass the $100,000 mark by the end of 2018", Tone Vays, 21-Sep-2017, https://www.ccn.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
  273. 2018-12: "Bitcoin’s Price Will Surpass the $100,000 Mark by the End of 2018", Anonymous ("author" obviously too embarrassed to put his name to such bullshit "articles"), Oct-2018, https://investingpr.com/bitcoin-price-predictions-for-2018/
  274. 2018-12: "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  275. 2018-12: "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  276. 2018-12: Bitcoin will end 2018 at the price point of $50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,https://www.bitcoinprice.com/predictions/
  277. Plus a whole host of wrong 2019 predictions (could not be included here because of post character limit issues), so please see my earlier post from 4 days ago: Ummm, remember those "Expert" Bitcoin Price Predictions for 2019 ..... ohhhhh dear ....., https://www.reddit.com/Buttcoin/comments/eiqhq3/ummm_remember_those_expert_bitcoin_price/
.
But it's NOT all bad news, some claims and promises are yet to be determined:
  1. Never going below $3K again
  2. Never going below $2K again
  3. Never going below $1K again
  4. Any others ? Please let me know.
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

KYC is absolutely not acceptable for MakerDAO!

I've heard that founder of MakerDAO is not strictly against KYC. I have a message to whole community and specifically to a founder of MakerDAO Rune Christensen. I will explain using concrete examples why having KYC in MakerDAO is a grave mistake and it will lead to MakerDAO fork.
Many people in the first world never actually understand why financial privacy and financial inclusion is important. Even people (in the first world) who seemingly supportive of such ideas are not able to provide any concrete examples of why it's actually important.
Unfortunately, I was born in a "wrong" country (Uzbekistan) and I experienced first hand what financial exclusion actually means. I know first hand that annoying feeling when you read polite, boilerplate rejection letter from financial institution based in first world. So I had to become practical libertarian. I'm going to give you concrete examples of financial discrimination against me. Then I'm going to explain fundamental reasons why it happens. And finally, I'm going to explain my vision for DAI.
Back in 2005, I lived in Uzbekistan. I had an idea to invest in US stocks. I was very naive and I didn't know anything about investing, compliance, bank transfers, KYC etc. All I knew is nice long term charts of US stocks and what P/E means. I didn't contact any US brokerage but I checked information about account opening and how to transfer money there. I approached local bank in Uzbekistan and asked how to transfer money to Bank of New York. Banker's face was like - WOW, WTF?!?! They asked me to go to private room to talk with senior manager. Senior manager of local bank in Uzbekistan asked me why I wanted to transfer money to US. They told me that it's absolutely impossible to transfer money to US/EU and pretty much anywhere. I approached nearly every local bank in the town and they told me the same.
In 2012, I already lived in Moscow and acquired Russian citizenship. I got back to my old idea - investing in US stocks. I called to many US brokerages and all of them politely rejected me. Usually when I called I asked them if I can open an account with them. They told me to hold on line. After long pause, I was able to speak with "senior" support who politely explain me that Russia in their list of restricted countries and they can't open an account for me. Finally, I was able to open an account with OptionsXpress. Next challenge was to convince local Russian bank to transfer money to US. Back then in 2012, I was able to get permission to do so. So you might say - is this happy end?
Fast forwarding US brokerage story to 2017, OptionsXpress was acquired by Charles Schwab. I was notified that my OptionsXpress account will be migrated to Charles Schwab platform. In 2017, I already lived in the Netherlands (but still having Russian citizenship). I wasn't happy with my stupid job in the Netherlands. I called Charles Schwab and asked if I quit my job in the Netherlands and have to return to Russia, what will happen with my account. Schwab told me that they will restrict my account, so I can't do anything except closing my account. So even if I was long term customer of OptionsXpress, Charles Schwab is not fully okay with me.
Going back to 2013, I still lived in Russia. I had another idea. What if I quit my job and build some SAAS platform (or whatever) and sell my stuff to US customers. So I need some website which accept US credit cards. I contacted my Russian bank (who previously allowed me to transfer money to OptionsXpress) about steps to make in order to accept US credit cards in Russia. I've been told explicitly in email that they won't allow me to accept US credit cards under any circumstances.
Back then I still believed in "the free west". So I thought - no problem, I will just open bank account abroad and do all operations from my foreign account. I planned vacation in Hong Kong. And Hong Kong is freest economy in the world. Looks like it's right place to open bank account. I contacted HSBC Hong Kong via email. Their general support assured me that I can open bank account with them if I'm foreigner. I flew to Hong Kong for vacation and visited HSBC branch. Of course, they rejected me. But they recommended me to visit last floor in their HQ building, they told me that another HSBC branch specializes on opening bank accounts for foreigners. I went there and they said minimum amount to open bank account is 10 mil HKD (1.27 mil USD). Later I learned that it's called private banking.
When I relocated to the Netherlands, I asked ABN Amro staff - what's happen with my bank account if I quit/lose my job in the Netherlands and have to return back to Russia. I've been told that I can't have my dutch bank account if I go back to Russia even if I already used their bank for 2+ years.
I still had idea that I would like to quit my job and do something for myself. The problem is that I'm Russian citizen and I don't have any residency which is independent from my employment. So if I quit my job in the Netherlands, I have to return back to Russia. I wanted to see how I would get payments from US/EU customers. I found Stripe Atlas, it's so exciting, they help you to incorporate in US, and even help with banking, all process of receiving credit card payments is very smooth. But as usual in my case, there is a catch - Russia in their list of restricted countries.
Speaking of centralized compliance-friendly (e.g. KYC) crypto exchanges. This year I live and work in Hong Kong. Earlier this year, I thought it would be nice to have an account at local crypto exchange in Hong Kong so I can quickly transfer money from my bank account in Hong Kong to crypto exchange using FPS (local payment system for fast bank transfers). What could go wrong? After all Hong Kong is freest economy in the world, right? I submitted KYC documents to crypto exchange called Weever including copy of my Hong Kong ID as they requested. They very quickly responded that they need copy of my passport as well. I submitted copy of my Russian passport. This time they got silent. After a few days, they sent me email saying that Russia is on the US Office of Foreign Assets Control sanction list, so they just require me to fill a form about source of the funds. I told them that the source of my funds is salary, my Hong Kong bank can confirm that along with my employment contract. They got very silent after I sent them a filled form. After a week of silence I asked them - when my account get approved? They said that their compliance office will review my application soon. And they got very silent again. I waited for two or three weeks. Then I asked them again. And I immediately got email with title - Rejection for Weever Account Opening. And text of email was:
We are sorry to inform you that Weever may not be able to accept your account opening application at this stage.
Exactly the same situation I had with one crypto exchange in Europe back in 2017. Luckily I have accounts at other crypto exchanges including Gemini, one of most compliance obsessed exchange in the world. Although I don't keep my money there because I can't trust them, who knows what might come into head of their compliance officer one sunny day.
By the way, I'm living and working outside of Russia for quite a few years. The situation with crypto exchanges is much worse for those who still living in Russia.
I give you a few other examples of financial discrimination is not related to troubles with my Russian citizenship.
Back in 2018, I still lived in the Netherlands. I logged in into my brokerage account just to buy US ETFs as I always do - SPY and QQQ. I placed my order and it failed to fill. I thought it's just a technical problem with my brokerage account. After a few failed attempts to send buy orders for SPY and QQQ, I contacted their support. What they told me was shocking and completely unexpected. They said I'm not permitted to buy US ETFs anymore as EU resident because EU passed a law to protect retail investors. So as a EU resident I'm allowed to be exposed to more risk by buying individual US stocks but I'm not allowed to reduce my risk by buying SPY because ... EU wants to protect me. I felt final result of new law. By the way, on paper their law looks fine.
And the final example. It's a known fact that US public market become less attractive in recent decades. Due to heavy regulatory burden companies prefer to go public very late. So if successful unicorn startup grows from its inception/genesis to late adoption, company's valuation would be 3-5 orders of orders of magnitude. For example, if valuation of successful company at inception is 1 Mil USD, then at its very latest stage it's valuation would be 10 Bil USD. So we have 10'000 times of growth. In the best case scenario, company would go public at 1 Bil USD 5-10 years before reaching its peak 10 Bil USD. So investors in private equity could enjoy 1000 fold growth and just leave for public only last 10 fold growth stretched in time. In the worst case scenario, company would go public at 10 Bil USD, i.e. at its historical peak. But there are well known platforms to buy shares of private companies, one of such platforms is Forge Global. You can buy shares of almost all blue chip startups. You can even invest in SpaceX! But as always, there is a catch - US government wants to protect not just US citizens but all people in the world (sounds ridiculous, right?). US law requires you to have 1 Mil USD net worth or 200'000 USD annual income if you want to buy shares of non-public company. So if you are high-net worth individual you can be called "accredited investor". Funny thing is that the law intends to protect US citizens but even if you are not US citizen and never even lived in US, this law is still applies to you in practice. So if you are "poor loser", platforms like Forge Global will reject you.
So high-net worth individuals have access and opportunity to Bitcoin-style multi-magnitude growth every 5-10 years. Contrary to private equity markets, US public markets is low risk/low return type of market. If you have small amount of capital, it's just glorified way to protect yourself from inflation plus some little return on top. It's not bad, US public market is a still great way to store your wealth. But I'm deeply convinced that for small capital you must seek fundamentally different type of market - high risk/high return. It's just historical luck that Bitcoin/Ethereum/etc were available for general public from day one. But in reality, viral/exponential growth is happening quite often. It's just you don't have access to such type of markets due to regulatory reasons.
I intentionally described these examples of financial discrimination in full details as I experienced them because I do feel that vast majority of people in the first world honestly think that current financial system works just fine and only criminals and terrorists are banned. In reality that's not true at all. 99.999% of innocent people are completely cut off from modern financial system in the name of fighting against money laundering.
Here is a big picture why it's happening. There are rich countries (so called western world) and poor countries (so called third world). Financial wall is carefully built by two sides. Authoritarian leaders of poor countries almost always want full control over their population, they don't like market economy, and since market forces don't value their crappy legal system (because it works only for close friends of authoritarian leader) they must implement strict capital control. Otherwise, all capital will run away from their country because nobody really respects their crappy legal system. It only has value under heavy gun of government. Only friends of authoritarian leader can move their money out of country but not you.
Leaders of rich countries want to protect their economy from "dirty money" coming from third world. Since citizens of poor countries never vote for leaders of rich countries nobody really cares if rich country just ban everyone from poor country. It's the most lazy way to fight against money laundering - simply ban everyone from certain country.
Actually if you look deeper you will see that rich countries very rarely directly ban ordinary people from third world. Usually, there is no such law which doesn't allow me to open bank account somewhere in Europe as non-EU resident. What's really happens is that US/EU government implement very harsh penalties for financial institutions if anything ever goes wrong.
So what's actually happens is that financial institutions (banks, brokerages etc) do de-risking. This is the most important word you must know about traditional financial system!
So if you have wrong passport, financial institution (for example) bank from rich country just doesn't want to take any risks dealing with you even if you are willing to provide full documentation about your finances. It's well known fact that banks in Hong Kong, Europe, US like to unexpectedly shutdown accounts of thousands innocent businesses due to de-risking.
So it's actually de-risking is the real reason why I was rejected so many times by financial institutions in the first world!!! It's de-risking actually responsible for banning 99.999% of innocent people. So governments of rich democratic countries formally have clean hands because they are not banning ordinary people from third world directly. All dirty job is done by financial institutions but governments are well aware of that, it's just more convenient way to discriminate. And nobody actually cares! Ordinary citizens in rich countries are never exposed to such problems and they really don't care about people in third world, after all they are not citizens of US/EU/UK/CH/CA/HK/SG/JP/AU/NZ.
And now are you ready for the most hilarious part? If you are big corrupt bureaucrat from Russia you are actually welcome by the first world financial institutions! All Russian's junta keep their stolen money all across Europe and even in US. You might wonder how this is possible if the western financial system is so aggressive in de-risking.
Here is a simple equation which financial institution should solve when they decide whether to open an account for you or not:
Y - R = net profit
Where:
Y - how much profit they can make with you;
R - how much regulatory risk they take while working with you;
That's it! It's very simple equation. So if you are really big junta member from Russia you are actually welcome according to this equation. Banks have special name for serving (ultra) high-net worth individuals, it's called private banking. It's has nothing to do with the fact that bank is private. It's just fancy name for banking for rich.
So what's usually happen in real world. Some Estonian or Danish bank got caught with large scale money laundering from Russia. European leaders are ashamed in front of their voters. They implement new super harsh law against money laundering to keep their voters happy. Voters are ordinary people, they don't care about details of new regulations. So banks get scared and abruptly shutdown ALL accounts of Russian customers. And European voters are happy.
Modern money laundering laws are like shooting mouse in your house using bazooka! It's very efficient to kill mouse, right?
Now imagine world without financial borders. It's hard to do so because we are all get so used to current status quo of traditional financial system. But with additional effort you can start asking questions - if Internet economy is so global and it doesn't really matter where HQ of startup is located, why they are all concentrated in just a few tiny places like Silicon Valley and ... well, that's mostly it if you count the biggest unicorns!
Another question would be - why so many talented russian, indian, chinese programmers just go to the same places like San Francisco, London and make super rich companies like Amazon, Google, Facebook, Apple to get even richer? If all you need is laptop and access to internet, why you don't see any trade happening between first and third world?
Well actually there is a trade between first and third world but it's not exactly what I want to see. Usually third world countries sell their natural resources through giant corporations to the first world.
So it's possible to get access to the first world market from third world but this access usually granted only to big and established companies (and usually it means not innovative).
Unicorns are created through massive parallel experiment. Every week bunch of new startups are created in Silicon Valley. Thousands and thousands startups are created in Silicon Valley with almost instant access to global market. Just by law of large numbers you have a very few of them who later become unicorns and dominate the world.
But if you have wrong passport and you are located in "wrong" country where every attempt to access global market is very costly, then you most likely not to start innovative startup in the first place. In the best case scenario, you just create either local business or just local copy-paste startup (copied from the west) oriented on (relatively small) domestic market. Obviously in such setup it's predictable that places like Silicon Valley will have giant advantage and as a result all unicorns get concentrated in just a few tiny places.
In the world without financial barriers there will be much smaller gap between rich and poor countries. With low barrier of entry, it won't be a game when winner takes all.
Whole architecture of decentralized cryptocurrencies is intended to remove middle man and make transactions permissionless. Governments are inherently opposite to that, they are centralized and permissioned. Therefore, decentralized cryptocurrencies are fundamentally incompatible with traditional financial system which is full of middle mans and regulations (i.e. permissions).
Real value of crypto are coming from third world, not the first world. People are buying crypto in rich countries just want to invest. Their financial system and their fiat money are more or less already working for them. So there is no immediate urgency to get rid of fiat money in the first world. So the first world citizens buying crypto on centralized KYCd exchanges are essentially making side bet on the success of crypto in third world.
Real and natural environment of cryptocurrencies is actually dark OTC market in places like Venezuela and China.
But cryptocurrencies like Bitcoin and Ethereum have a big limitation to wide adoption in third world - high volatility.
So the real target audience is oppressed (both by their own government and by first world governments) ordinary citizens of third world countries yet they are least who can afford to take burden of high volatility.
Right now, Tether is a big thing for dark markets across the world (by the way, dark market doesn't automatically imply bad!). But Tether soon or later be smashed by US/EU regulators.
The only real and working permissionless stable cryptocurrency (avoiding hyped word - stablecoin) is DAI.
DAI is the currency for post-Tether world to lead dark OTC market around the world and subvert fiat currencies of oppressive third world governments.
Once DAI become de-facto widespread currency in shadow economy in all of third world, then it will be accepted (after many huge push backs from governments) as a new reality. I'm talking about 10-20+ years time horizon.
But if MakerDAO chooses the route of being compliance friendly then DAI will lose its real target audience (i.e. third world).
I can not imagine US/EU calmly tolerate someone buying US stocks and using as a collateral to issue another security (i.e. DAI) which is going to be traded somewhere in Venezuela! You can not be compliance friendly and serve people in Venezuela.
Facebook's Libra was stupidest thing I've seen. It's extremely stupid to ask permission from the first world regulators to serve third world and create borderless economy. Another stupid thing is to please third world governments as well. For example, Libra (if ever run) will not serve Indian, Chinese, Venezuelan people. Who is then going to use stupid Libra? Hipsters in Silicon Valley? Why? US dollars are good enough already.
submitted by omgcoin to MakerDAO [link] [comments]

Bitcoin Price History in Dollars From 2012 to 2017 (Monthly) Bitcoin Moon? Join The Conversation - Live! The user lost $ 120 thousand in bitcoins: part of the amount was reimbursed by the community Analyse technique 2012-2020 et Pronostique : Bitcoin  USD Bitcoin: $10,000 Bet that they will outperform Gold and Silver by 100X !!!

Bitcoin halved for the first time in November 2012 after block 210,000 was solved. The block reward after the first ever halving was 25 BTC instead of the original 50 BTC. Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide. Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price. Discover historical prices for BTC-USD stock on Yahoo Finance. View daily, weekly or monthly format back to when Bitcoin USD stock was issued. The price of Bitcoin in USD is reported by Coindesk. All prices on this page are nominal (i.e., they are not indexed to inflation). New Beginnings · At the start of 2011, you could buy 1 Bitcoin for $0.30! The currency experienced a spike to above $15, but ended the year around $3. By the end of 2012, Bitcoin had rallied to $12.56.

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Bitcoin Price History in Dollars From 2012 to 2017 (Monthly)

thank you for giving us your trust to change your life for good congratulations 🎊 🤝. keep investing, keeping earning a more consistent profit. Bitcoin Price History in Dollars From 2012 to 2017 (Monthly) - Duration: 2:01. Paddingtonyt 1,883 views. 2:01. 100 Year History Of Silver Prices Proves Its Worth! - Duration: 13:23. Bitcoin Moon? Join the Conversation - Live! - Saturday, July 18th - 8pm EST. 06/15/2020 Lena Jess Protocol Podcast Eric Saviks lost all his savings in bitcoin, which he was saving to buy an apartment. The caring community managed to collect one sixth of the stolen goods ... I'm willing to bet $10,000 USD or equivalent in Bitcoins, that over the next 2 years, Bitcoins will not only outperform the stock market, Gold, Silver, and the US dollar, but Bitcoins will do it ...

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