Thursday, May 7, 2020

Be excellent to each other.
All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:

Get an invite to live chat on our Slack group and check out the #altcoins channel
Daily Discussion for bitcoin only: Daily Discussion
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Where to Find a Hacker to Hire

https://preview.redd.it/r6t6um01tgx41.png?width=1280&format=png&auto=webp&s=054ae85c019c50e397e66c928facc0520a7d473c

Security analysis services like Rent-A-Hacker are just the start. Companies are learning that they have more comprehensive protection.

Chief among the outsourced security companies is Counterpane Internet Security (thehackerforhire.com), founded by noted cryptographer Bruce Schneier (see “Hot Seat,” April 2000, page 42). Counterpane installs hardware on its customers’ premises that patrols the network for security violations. At one base of operations, Counterpane keeps tabs on clients’ networks 24 hours each day , and therefore the company can act the instant something suspicious arises.

Schneier remains skeptical about his competition: “What hire-a-hacker services do is run a tiger team against your system, which is sweet for locating out what the vulnerabilities are. What we do is alarm monitoring…24–7, real-time.”

To better illustrate the difference, Schneier offers a physical analogy: You might want to rent someone to interrupt into your warehouse to ascertain if you’re vulnerable, but that doesn’t mean you’re getting to fire your burglar alarm company. Both are valuable, but certainly a burglar alarm is more valuable. Experts are expensive, and that they don’t tell you if you’re safe or not. They tell you whether that specific expert was ready to break in thereon particular day using that particular set of tools.

Best sites for hiring a hacker

In this guide we also want to point out you a couple of internet sites where you’ll hire a hacker:

One relatively new but documented website for dark web hackers for hire is

https://thehackerforhire.com

You need Tor browser to access the location . Once you’re there you’ll choose what services you’re curious about , and if you opt to order their hacking service, all you’ve got to try to to is open an account and send them some bitcoins.

These days bitcoins are often bought at many places, just google “where to shop for bitcoins using XYZ” or “Where to shop for bitcoin in country XYZ”.

Another site that gives hacking services is Rent-A-Hacker, it already exists since a few years and is additionally documented on the dark web.

The link to Rent-A-Hacker is:

https://thehackerforhire.com

Again, you would like Tor browser to access the location , see above.

And that is essentially all you would like to understand , which site you select is up to you. all of them provide similar service.

Whatever sort of hacking job you would like them to try to to , as long as you buy it, they’re going to roll in the hay .

They offer DDOS service, general website hacking, smartphone remote , stealing sensitive data or whatever else hackers can do.

Conclusion:

As you could see, it is really not hard to find a hacker for hire on the dark web.

Everything you need is the Tor browser and some money in Bitcoin, which is both easy and intuitive to use these days.

And both Tor and Bitcoin will provide you the needed anonymity for hiring a hacker, they won’t know who you are, and you won’t know who they are.

Bitcoin Just Hit $10000 But Heres Why You Shouldnt Bet On It Right Now (current BTC/USD price is $9,986.03)

Latest Bitcoin News:

Bitcoin Just Hit $10000 But Heres Why You Shouldnt Bet On It Right Now

For Trading May 8th

For Trading MAY 8th

NASDAQ Up on the Year

All the other Indexes Still Down

Earnings Galore

Today’s market was another big open followed by sideways action all day and then the DJIA and S&P finished on their lows. The DJIA was +211.25 (.89%), NASDAQ +126.27 (1.41%), S&P 500 +.32.77 (1.15%), the Russell +19.92 (1.58%) and the Transports +118.76 (1.5%). The DJIA was split 16 up, 14 down with the biggest winner’s BA +46, GS +37, HD +36, MCD +28 and V +27 DPs. The only double-digit loser was UNH -26 DPs. The strong sectors were Energy, Financials and materials and the weaker Consumer staples and healthcare. Market internals were 2.5:1 up on the NYSE and 2.2:1 on NASDAQ. Volume was light again. Unemployment numbers for April come at 8:30 tomorrow morning.

Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!

Tonight’s closing comment video https://youtu.be/gmdS65mok0Q

SECTORS: Earnings played a part in today’s market again. The follow-thru from yesterday’s numbers pushed PYPL +18 (14%) and LYFT +5.66 (21.7%). Today’s numbers were a mix with the hospitality booking firms the biggest losers. BKNG was a miss and after closing $1443.91 +65 it fell as low as 1,381 -63 but bounced back to close $1,440 – only $3.91. Trip Advisor (TRIP) was not quite so lucky. They missed top and bottom lines and after closing $18.72 +.63 it fell to $17.35 and finished $17.86 -.86, but it is down 40% YTD.

Uber reported horrendous numbers and it had closed $30.93 +3.11 on the strength of yesterdays LYFT numbers but the losses increased, and the company posted a loss of $2.9 billion vs. $1.4B expected and the stock fell to $29.50 before the CEO came on the call and spread some BS pixie dust about the last 4 weeks improving, but at the same time withdrew the guidance going forward. He also said that UBER Eats grew, but that they lose money on every delivery. At that point the stock turned and ran up to $34.19 before closing $32.80 + about $5 on the day. Unbelievable.

ROKU reported a beat on revenues but another loss. The stock had closed $137.50 +9.98 and guidance is for no profit in either 2020 or 2021. The stock sold off to $123.11 and finished $123.50 -14.00 (3.73%).

FOOD SUPPLY: was MIXED with TSN +2.62, BGS -.35, FLO +.14, CAG -.60, MDLZ +.02, KHC -.48, CALM +.84, JJSF +1.30, SAFM +5.91 and LANC -2.34.

BIOPHARMA: was HIGHER with BIIB +7.22, ABBV -.96, REGN +6.55, ISRG +24.09, GILD +.38, MYL +.54, TEVA +1.06 (10.11%), VRTX +.94, BHC -1.27, INCY +.39, ICPT -3.34, LABU +.24 and IBB $127.17 +.17 (.13%).

CANNABIS: This group was HIGHER with TLRY +.28, CGC +.16, CRON +.13, GWPH -.02, ACB +.003, PYX +.15, NBEV +.07, CURLF +.11, KERN +.28 and MJ $11.82 +.05 (.42%).

DEFENSE: was HIGHER with LMT -.58, GD +5.79, TXT +.61, NOC +1.11, BWXT +.56, TDY +3.37, RTX -.56 and ITA $146.05 +1.62 (1.12%).

RETAIL was HIGHER with M +.14, JWN +.26, KSS +1.56, DDS +.53, JCP +.004, WMT -.72, TGT +.21, TJX +.84, RL -.90, UAA +.62, LULU +2.87, TPR +.68, CPRI +.79 and XRT $36.53 +.22 (.61%).

FAANG and Big Cap: were HIGHER with GOOGL +26.07, AMZN +19.54, AAPL +4.75, FB +3.71, NFLX +1.74, NVDA +9.21, TSLA +.92, BABA +2.08, BIDU +1.12, CMG +31.46, CAT +.08, BA +7.69, DIS +6.42, and XLK $93.88 +1.85 (2.01%).

FINANCIALS were HIGHER with GS +6.08, JPM +1.51, BAC +.70, MS +1.83, C +1.96, PNC +2.80, AIG +2.25, TRV +2.51, AXP +3.50, V +4.92 and XLF $21.82 +.50 (2.35%).

OIL, $24.83 -.79. Oil was higher over-night and the rally continued early in the day to a slightly lower high of $27.79 before falling back and closing down on the day. The stocks were higher across the board with the XLE $37.09 +.94 (2.6%).

METALS, GOLD: $1,725.80 +37.30. After the recent gains, Gold broke below $1,700 and traded as low as $1683.90 before turning higher and breaking out again. last Wednesday. We are long NEM.

BITCOIN: closed $10010 +670. After breaking out over $7500 we have consolidated and broken over 8,000 and 8,500 and again consolidated. Last night I said “today’s close is the highest since BTC broke down in early March at $9385 and 9390. $10,000-10,250 seems like the next stop.” But I didn’t think it would be today. We still own 400 GBTC with an average of $8.06. GBTC closed $11.98 +1.23 today.

Tomorrow is another day.

CAM

For Trading May 8th

For Trading MAY 8th

NASDAQ Up on the Year

All the other Indexes Still Down

Earnings Galore

Tonight’s closing comment video https://youtu.be/gmdS65mok0Q

FOOD SUPPLY: was MIXED with TSN +2.62, BGS -.35, FLO +.14, CAG -.60, MDLZ +.02, KHC -.48, CALM +.84, JJSF +1.30, SAFM +5.91 and LANC -2.34.

CANNABIS: This group was HIGHER with TLRY +.28, CGC +.16, CRON +.13, GWPH -.02, ACB +.003, PYX +.15, NBEV +.07, CURLF +.11, KERN +.28 and MJ $11.82 +.05 (.42%).

DEFENSE: was HIGHER with LMT -.58, GD +5.79, TXT +.61, NOC +1.11, BWXT +.56, TDY +3.37, RTX -.56 and ITA $146.05 +1.62 (1.12%).

RETAIL was HIGHER with M +.14, JWN +.26, KSS +1.56, DDS +.53, JCP +.004, WMT -.72, TGT +.21, TJX +.84, RL -.90, UAA +.62, LULU +2.87, TPR +.68, CPRI +.79 and XRT $36.53 +.22 (.61%).

FINANCIALS were HIGHER with GS +6.08, JPM +1.51, BAC +.70, MS +1.83, C +1.96, PNC +2.80, AIG +2.25, TRV +2.51, AXP +3.50, V +4.92 and XLF $21.82 +.50 (2.35%).

METALS, GOLD: $1,725.80 +37.30. After the recent gains, Gold broke below $1,700 and traded as low as $1683.90 before turning higher and breaking out again. last Wednesday. We are long NEM.

Tomorrow is another day.

CAM

BITCOIN HALVING SCHIZOPHRENIA

Theory: As a halving event nears, people are sharply divided into 2 camps.

Moonboys: These people believe the price of bitcoin will shoot to astronomical levels after the halving. Sometimes they think the whole world is going to shit. etc

Haters: These people think that the halving is priced in and the halving will be different this time. They expect a drop in price and sometimes they think the bitcoin network is going to shit. (death spiral) etc

The space becomes increasingly schizophrenic in thinking as the halving approaches but the reality is that bitcoin does not do what any of them expects.

TradeOptionGains bitcoin site?

Got this weird DM on reddit idk what this guy is up to have any of you ever heard of this https://tradeoptiongains.com Site?

u/mikerobin25

Mikerobin2501:52 AM

Hello there

IDEKMyUsername09:34 AM

Howdy

Mikerobin2509:47 AM

How's it going?

IDEKMyUsername12:13 PM

Not bad.

What's up

Mikerobin2512:36 PM

I'm doing quite alright, How about you?

IDEKMyUsername12:53 PM

Not bad

Mikerobin2501:39 PM

Well, I don't mean to intrude but are you familiar with the term "cryptocurrency", Bitcoin to be precise?

IDEKMyUsername03:10 PM

Yes

Aye

Mikerobin2503:25 PM

Well, I'm at the moment engaging in an outreach aimed at expanding the clientele of my platform and enlightening the populace on the monetary potential of bitcoin trading and mining. Would you be interested in this?

IDEKMyUsername03:26 PM

Uh yeah sure I can look into it.

What does it include?

Mikerobin2503:28 PM

Are you familiar with the term "Bitcoin trading"?

IDEKMyUsername03:29 PM

Yeah somewhat

Like selling and buying it?

Mikerobin2503:33 PM

Well, Bitcoin trading is the process of making profits by buying Bitcoin at a low cost and selling it when the price goes up, This method is referred to as Dollar Cost Averaging(DCA). The Bitcoin trade is volatile, and price move by a significant margin. This activity is done on trading platforms.

Are you following?

IDEKMyUsername04:07 PM

Yep gotcha so far

Sorry had to pickup a call

Mikerobin2506:51 PM

No problem mate. Every platform has an investment procedure and ROI method. Unlike other platforms that engage in day trading (profiting from the volatility of bitcoin which is inefficient), My platform is registered with S9 ant miners that mine the bitcoin you invest to increase exponentially and that’s how you earn profits.

Have you heard of the term "Bitcoin mining"?

IDEKMyUsername06:52 PM

Yes I have

Mikerobin2506:57 PM

Good. For clarification, Bitcoin mining primarily involves generating and earning off the confirmation of blocks of transaction on the network such as the Blockchain network.

This is made possible with the use of special and sophisticated devices called the Bit main devices, Such as the AntMiner S9 and ASIC hardware. These devices are extremely expensive to maintain and require a lot of electricity generation and technical expertise which makes it rarely an option for private individuals who are interested in going into Bitcoin mining. But my platform has been able to provide for this disability.

Are you following?

IDEKMyUsername06:57 PM

I feel ya

Yes

Mikerobin2507:01 PM

Moving on, My platform operates a full S9 Antminer farm. The Antminer s9 has a hash rate of 12.93TH/s which is -+ 7%, Which could generate a ROI of 0.5 BTC within an investment period depending on the investment capital. Note: ROI stands for return of investment while hash rates a measure of how many times the network can attempt to complete this puzzle every second. This means that hash rate is a good indicator of the Bitcoin network's health.

Do i still have your attention?

IDEKMyUsername07:02 PM

Yes

Mikerobin2507:05 PM

Finally, All investments are made and monitored by the client (you) on the platform's website as you earn profits daily and you can contact me a "Broker" on the platform whenever you need assistance or more information.

https://tradeoptiongains.com

IDEKMyUsername07:05 PM

U have a history of wise investments?

I mean don't really know you so not like your a "professional" of any means

Mikerobin2507:06 PM

Certainly

We've been running for a span of 4 years now with optimum services provided

IDEKMyUsername07:38 PM

oh wow

gimmie some more deets?

how much money would I expect if i put a quick g bar in?

IDEKMyUsername07:53 PM

hm?

Mikerobin2507:54 PM

An investment of $1000 amounts up to the standard ROI stated above which is 50% of 1 bitcoin.

Apologies for the late reply, Was attending to a client of mine.

IDEKMyUsername07:55 PM

so invest of about $1000 would give ruffly 5?

nah ur good fam

like how I go about that tho u know

cause isn't bitcoin like kind of high right now?

Mikerobin2507:57 PM

Yeah though it would have been more profitable if you had started earlier when it was cheaper but you should be expecting more returns due to the halving coming up.

https://www.bitcoinblockhalf.com/

IDEKMyUsername07:58 PM

how high you think its going to get?

Mikerobin2507:59 PM

Its a highly speculative asset but from my experience and following it's previous halving events, Probably 15-18k.

IDEKMyUsername08:01 PM

oh jeez thats like as big as the big boom right?

how you know its gonna do that?

and what if it doesn't lol?

do I just l;ose it all

Mikerobin2508:05 PM

Exactly. If it doesn't, It would remain at its breaking point of 9k or peak point of 10k but i highly doubt it doesn't pump(rise) based on past halving events. You can simply get started by creating your personal account on the platform by which you can start by purchasing bitcoin and you can do this by clicking on the "Register" icon to get started.

IDEKMyUsername08:05 PM

hmmm idk

Kinda need some more security u know what I mean?

Mikerobin2508:08 PM

I understand. Loses are only made when you sell off, You money remains intact whether it rises or falls as long as you don't sell but your ROI is fully attained on your account on the platform.

IDEKMyUsername08:09 PM

Mikerobin2508:10 PM

Indeed

Mikerobin2508:20 PM

Any more questions?

IDEKMyUsername08:20 PM

uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

Mikerobin2508:22 PM

Okay then, I'm available here if you're interested and need my assistance

Enjoy the rest of your day.

IDEKMyUsername08:25 PM

Yesterday

Mikerobin2501:48 PM

https://www.fxstreet.com/cryptocurrencies/news/breaking-bitcoin-price-takes-down-9-000-as-10-000-beckons-202004300334

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-gold-oil-2020-best-performing-assets-a9492641.html

IDEKMyUsername01:51 PM

I bought it

Mikerobin2501:51 PM

Pardon?

IDEKMyUsername01:52 PM

I bought one

Mikerobin2501:52 PM

On what platform?

IDEKMyUsername01:54 PM

I'm idk the one u sent me

Um*

Mikerobin2501:55 PM

Really? When did you do this and why wasn't i informed?

Today

IDEKMyUsername10:19 AM

Oh like last last night

I thought it was expected

U sent me the link and everything

;(

Mikerobin2510:22 AM

You would have informed me so i can enlighten you more on the procedure. Are you aware that it's a mining platform and you earn profits as an investor?

IDEKMyUsername10:23 AM

Yah so what would profit be ya reckon?

For let's say $1000 over liek a year

Mikerobin2510:24 AM

What name did you use in registering the account?

IDEKMyUsername10:24 AM

Uh I'd have to look it up

But how much profit did u say it would be about?

Mikerobin2510:27 AM

0.5 BTC a month depending on your investment capital that is, I would need the name of your account to register it under my personal database so i can provide you with information and assistance when needed.

IDEKMyUsername10:28 AM

O damn that's some big bucks right there

.5 btc like what 4g?

4 times 11 that's $44,000 a month

Mikerobin2510:30 AM

How much did you invest and what is the name of your account?

Your profit is calculated in respect of your investment capital

IDEKMyUsername10:31 AM

Like 11grand

Mikerobin2510:31 AM

And the name?

IDEKMyUsername10:31 AM

Mmmm

How do I find it?

Is there a way on the site

Mikerobin2510:31 AM

What name did you use in creating the account?

Didn't you register?

IDEKMyUsername10:32 AM

Oh like my irl name

I thought u meant like a username

Mikerobin2510:32 AM

Username is what i mean

IDEKMyUsername10:33 AM

It's gonna be under Jeffery Henderson

Jeffery L. Henderson

Mikerobin2510:35 AM

Okay, Give me a second to record it and ascertain your expected profit.

IDEKMyUsername10:35 AM

Sick

Did u find my account?

Mikerobin2510:41 AM

I can't find your records on the platform, Maybe a technical difficulty. Could you please sign in and send me a screenshot of your funds deposited through discord please?

IDEKMyUsername10:41 AM

So tell me mike

Where's the cash?

Mikerobin2510:41 AM

Pardon?

IDEKMyUsername10:41 AM

You lost it, oh you misplaced it.

Now mike you know I don't like to be lied to right?

Mikerobin2510:43 AM

Since i can't find your account on the platform, I guess that's the ending of our conversation.

Good day.

IDEKMyUsername10:43 AM

So why

THE FUCK

ARE YOU LIEING TO ME

Mikerobin2510:44 AM

Prove that you have an account on the platform by sending a screenshot

IDEKMyUsername10:44 AM

I cannot

I did it on

Computer

Mikerobin2510:45 AM

The sign in through your phone, Do i seem like a fool to you?

I have a lot of clients to attend to and i don't have time for games

IDEKMyUsername10:45 AM

I ain't the I one that took another man's money and now can't find it

You don't have other clients

Let's not play games here

How do I get my money out of this depreciating asset?

You better help me get my money out of this or were going to have a major issue

Mike...

IDEKMyUsername11:16 AM

U serious rn bro?

Ur gonna scam me out of my 💰

A day will come when you think yourself safe and happy,.

But suddenly your joy will turn to ashes in your mouth.

and you'll know the debt is paid

IDEKMyUsername08:01 PM

You still my 11 grand

Stole

What's your name

Tell me

Or I'll find you

Seeking Investment/Partners/Cofounders for an exchange

Hi everyone,

I am from Barter Trade. Barter Trade is a Digital Assets exchange platform and much more.

We have been into Cryptocurrency since 2014 and have been working in and around the crypto space since then.

We have been working on a crypto currency exchange since 2018 with a dedication to build a platform that is unique but more importantly has all the advanced tools and features which makes trading easy and fun for a trader. We have invested nearly about 400k in building our cryptocurrency exchange. Right before the fall of Bitcoin in mid 2018 our product was ready to be launched in the market. Now it's been more than a year since we have been looking for investors/partners to launch our exchange but the Bear market made it really hard for us to get any investment or maybe we weren’t looking in the right direction. We have attended a number of cryptocurrency events around the globe in the hope to connect with some investors but it was to no avail.

We have lost a lot of money in the process, I'd say mainly due to lack of knowledge about a few things related to marketing and fund raise and also by not being able to penetrate the market at the right time. People at that time were doing ICO without making any product and scamming people of 100’s of million which hurt us and like everyone we also got scammed in some ICO’s as well. Hence, we decided to build the product and make it launch ready before planning or even thinking about doing ICO. This was an ethically sound move but logically, it was a dumb move.

Now we are stuck in this shitty place with a product on hand, a lot of investment from the pocket and a platform which is 1000 times better than the most out there but we don’t have the resources to launch it into the market.

Now, we are here looking for someone who is interested in this type of project or has plans to work on a similar project. Someone, who can help us bring this product into the market. Our product is 100% launch ready. We are willing to offer Equity/Partner or whatever it takes to launch our product. If someone can guide us in the right direction then please do contact me and i will share more details regarding the project, arrange demo etc.

How Bitcoin Halving Will Affect BTC Price

Bitcoin Halving 2020

In every 210K mined blocks a planned (programmed) event takes place. This event is called halving. It is a regular reduction of miners’ fee (reward) for a produced block. Bitcoin creator put these halvings in software to keep inflation in check. Most commonly one block is being mined in 9 minutes and 20 seconds. According to this, halving occurs every four years. The Bitcoin network had two halvings: first in 2012 and then in 2016. If we look back and remember how much coins miners could earn in the early history of Bitcoin, it was 50 BTC for one block. Later on, after the first halving, the fee was equal to 25 BTC and the same happened four years after, then the reward was cut down to 12.5 BTC. The next (third) halving may be expected in May 2020. The payoff then will be reduced to 6.25 BTC. This will actually continue till there’s no award left (this will approximately happen in 2140).

So why is there a need for halving? If coins are produced very fast or the amount of emitted BTC is not limited, there will be so many Bitcoins in circulation that they will have limited value. Vitalik Buterin once said in his interview with Bitcoin Magazine: «The main reason why this is done is to keep inflation under control.»

What will happen with BTC price after Bitcoin halving?

Like any other cryptocurrency price prediction, the Bitcoin price prediction is always hard to make, so we can just guess looking at a combination of factors. Opinions are divided as follows: some think that the BTC price will go up and others think nothing will generally change and the price will stay the same.
There are also skeptics that see the halving as bad luck. They believe that if even 10 percent of miners quit, it might scare away the investors and make them move out their assets. As a result, the Bitcoin price will go down.
After the first Bitcoin halving the BTC price grew almost two hundredfold, the second time it grew sevenfold. Both times BTC had increased volatility. But no one can guarantee the same events nowadays.
As far as we can see from the previous halvings, they had the same dynamics: the Bitcoin price grew up. This gives some people hope that it will repeat after the next BTC halving in May 2020.

What are people’s opinions and predictions regarding the next Bitcoin halving? Let’s have a look.

The CEO of Pantera Capital Dan Morehead predicts the rise of BTC after the coming halving:

“It’s right on the trend line, and I think it’s a good shot that by the end of the year, we hit that, and then if you just extrapolate that line out for another year, it’s $122,000 per Bitcoin and in one more year $356,000.”

Tom Lee from Fundstrat Global Advisors posted a part of the report regarding crypto outlook 2020. Here what is said regarding the BTC price in that report:

“For 2020, we see several positive convergences that enhance the use case and also the economic model for crypto and Bitcoin – thus, we believe Bitcoin and crypto total return should exceed that of 2019. In other words, we see strong probability that Bitcoin gains >100% in 2020.”

Bobby Lee (co-founder and CEO of BTC China) also expressed his opinion via twit saying:

“After next #BlockRewardHalving in Spring of 2020, new #Bitcoin output will drop again, to just 900 BTC/day. I predict #HashPower will continue to grow, with ever higher amounts of investment in mining (electricity costs). If that amount reaches $54m/day, we‘ll have $BTC at $60k.”

Jason A. Williams had an “unpopular opinion”:

“Unpopular Opinion – Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.”

John McAfee is insanely positive as usual when speaking about the Bitcoin price prediction:

“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my d\ck if wrong.”*

Paolo Ardoino (Bitfinex & Tether Chief Technology Officer) said the following in his interview to U.Today:

“The halving is expected to occur next year, and I think it’s reasonable to expect an increase in the price of Bitcoin. I won’t do any price predictions myself and this is not financial or other advice from me or from Bitfinex or Tether, but I don’t see any reason for Bitcoin not hitting $100,000 within the next few years. That would already be an amazing goal for such technology.”

Tone Vays (Financial analyst) is less ambitious. That’s what he thinks:

“Technically, everything is in play until end of 2020, after that sub $5,000 is not likely. Worst Case Scenario: prices drop to $5k into the halving, then after halving 70% of miners shut down due to negative revenue, #Bitcoin spirals down in price but then rises from the dead!”

Petros Anagnostou, the founder of Crypto Solutions declares:

“My prediction: Bitcoin will reach $12,000 before the end of this year. And will reach a price of $50,000 – $100,000 by the end of 2020.”

To summarize, the forthcoming BTC halving 2020 will be a kind of guarantee that there will be no inflation, and investments will be profitable. At the same time, it is being one of the key factors responsible for the growth of the Bitcoin price. When it comes to miners, they usually feel stressed about it as to keep their income at the same level they will need to invest in new technical equipment. As for those who don’t mine but just buy Bitcoin to keep BTC as a cryptocurrency investment, the BTC halving will barely have any effect on them.

No one can predict what exactly will happen after the upcoming BTC halving. It is always up to you either be on the optimistic side or be one of the doubters.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk. You are the only one responsible for making investment decisions.

How Bitcoin Halving Will Affect BTC Price

Bitcoin Halving 2020

What will happen with BTC price after Bitcoin halving?

What are people’s opinions and predictions regarding the next Bitcoin halving? Let’s have a look.

The CEO of Pantera Capital Dan Morehead predicts the rise of BTC after the coming halving:

“It’s right on the trend line, and I think it’s a good shot that by the end of the year, we hit that, and then if you just extrapolate that line out for another year, it’s $122,000 per Bitcoin and in one more year $356,000.”

Tom Lee from Fundstrat Global Advisors posted a part of the report regarding crypto outlook 2020. Here what is said regarding the BTC price in that report:

“For 2020, we see several positive convergences that enhance the use case and also the economic model for crypto and Bitcoin – thus, we believe Bitcoin and crypto total return should exceed that of 2019. In other words, we see strong probability that Bitcoin gains >100% in 2020.”

Bobby Lee (co-founder and CEO of BTC China) also expressed his opinion via twit saying:

“After next #BlockRewardHalving in Spring of 2020, new #Bitcoin output will drop again, to just 900 BTC/day. I predict #HashPower will continue to grow, with ever higher amounts of investment in mining (electricity costs). If that amount reaches $54m/day, we‘ll have $BTC at $60k.”

Jason A. Williams had an “unpopular opinion”:

“Unpopular Opinion – Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.”

John McAfee is insanely positive as usual when speaking about the Bitcoin price prediction:

“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my d\ck if wrong.”*

Paolo Ardoino (Bitfinex & Tether Chief Technology Officer) said the following in his interview to U.Today:

“The halving is expected to occur next year, and I think it’s reasonable to expect an increase in the price of Bitcoin. I won’t do any price predictions myself and this is not financial or other advice from me or from Bitfinex or Tether, but I don’t see any reason for Bitcoin not hitting $100,000 within the next few years. That would already be an amazing goal for such technology.”

Tone Vays (Financial analyst) is less ambitious. That’s what he thinks:

“Technically, everything is in play until end of 2020, after that sub $5,000 is not likely. Worst Case Scenario: prices drop to $5k into the halving, then after halving 70% of miners shut down due to negative revenue, #Bitcoin spirals down in price but then rises from the dead!”

Petros Anagnostou, the founder of Crypto Solutions declares:

“My prediction: Bitcoin will reach $12,000 before the end of this year. And will reach a price of $50,000 – $100,000 by the end of 2020.”

No one can predict what exactly will happen after the upcoming BTC halving. It is always up to you either be on the optimistic side or be one of the doubters.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk. You are the only one responsible for making investment decisions.

How Bitcoin Halving Will Affect BTC Price

Bitcoin Halving 2020

What will happen with BTC price after Bitcoin halving?

What are people’s opinions and predictions regarding the next Bitcoin halving? Let’s have a look.

The CEO of Pantera Capital Dan Morehead predicts the rise of BTC after the coming halving:

“It’s right on the trend line, and I think it’s a good shot that by the end of the year, we hit that, and then if you just extrapolate that line out for another year, it’s $122,000 per Bitcoin and in one more year $356,000.”

Tom Lee from Fundstrat Global Advisors posted a part of the report regarding crypto outlook 2020. Here what is said regarding the BTC price in that report:

“For 2020, we see several positive convergences that enhance the use case and also the economic model for crypto and Bitcoin – thus, we believe Bitcoin and crypto total return should exceed that of 2019. In other words, we see strong probability that Bitcoin gains >100% in 2020.”

Bobby Lee (co-founder and CEO of BTC China) also expressed his opinion via twit saying:

“After next #BlockRewardHalving in Spring of 2020, new #Bitcoin output will drop again, to just 900 BTC/day. I predict #HashPower will continue to grow, with ever higher amounts of investment in mining (electricity costs). If that amount reaches $54m/day, we‘ll have $BTC at $60k.”

Jason A. Williams had an “unpopular opinion”:

“Unpopular Opinion – Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.”

John McAfee is insanely positive as usual when speaking about the Bitcoin price prediction:

“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my d\ck if wrong.”*

Paolo Ardoino (Bitfinex & Tether Chief Technology Officer) said the following in his interview to U.Today:

“The halving is expected to occur next year, and I think it’s reasonable to expect an increase in the price of Bitcoin. I won’t do any price predictions myself and this is not financial or other advice from me or from Bitfinex or Tether, but I don’t see any reason for Bitcoin not hitting $100,000 within the next few years. That would already be an amazing goal for such technology.”

Tone Vays (Financial analyst) is less ambitious. That’s what he thinks:

“Technically, everything is in play until end of 2020, after that sub $5,000 is not likely. Worst Case Scenario: prices drop to $5k into the halving, then after halving 70% of miners shut down due to negative revenue, #Bitcoin spirals down in price but then rises from the dead!”

Petros Anagnostou, the founder of Crypto Solutions declares:

“My prediction: Bitcoin will reach $12,000 before the end of this year. And will reach a price of $50,000 – $100,000 by the end of 2020.”

No one can predict what exactly will happen after the upcoming BTC halving. It is always up to you either be on the optimistic side or be one of the doubters.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk. You are the only one responsible for making investment decisions.

How Bitcoin Halving Will Affect BTC Price

Bitcoin Halving 2020

What will happen with BTC price after Bitcoin halving?

What are people’s opinions and predictions regarding the next Bitcoin halving? Let’s have a look.

The CEO of Pantera Capital Dan Morehead predicts the rise of BTC after the coming halving:

“It’s right on the trend line, and I think it’s a good shot that by the end of the year, we hit that, and then if you just extrapolate that line out for another year, it’s $122,000 per Bitcoin and in one more year $356,000.”

Tom Lee from Fundstrat Global Advisors posted a part of the report regarding crypto outlook 2020. Here what is said regarding the BTC price in that report:

“For 2020, we see several positive convergences that enhance the use case and also the economic model for crypto and Bitcoin – thus, we believe Bitcoin and crypto total return should exceed that of 2019. In other words, we see strong probability that Bitcoin gains >100% in 2020.”

Bobby Lee (co-founder and CEO of BTC China) also expressed his opinion via twit saying:

“After next #BlockRewardHalving in Spring of 2020, new #Bitcoin output will drop again, to just 900 BTC/day. I predict #HashPower will continue to grow, with ever higher amounts of investment in mining (electricity costs). If that amount reaches $54m/day, we‘ll have $BTC at $60k.”

Jason A. Williams had an “unpopular opinion”:

“Unpopular Opinion – Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.”

John McAfee is insanely positive as usual when speaking about the Bitcoin price prediction:

“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my d\ck if wrong.”*

Paolo Ardoino (Bitfinex & Tether Chief Technology Officer) said the following in his interview to U.Today:

“The halving is expected to occur next year, and I think it’s reasonable to expect an increase in the price of Bitcoin. I won’t do any price predictions myself and this is not financial or other advice from me or from Bitfinex or Tether, but I don’t see any reason for Bitcoin not hitting $100,000 within the next few years. That would already be an amazing goal for such technology.”

Tone Vays (Financial analyst) is less ambitious. That’s what he thinks:

“Technically, everything is in play until end of 2020, after that sub $5,000 is not likely. Worst Case Scenario: prices drop to $5k into the halving, then after halving 70% of miners shut down due to negative revenue, #Bitcoin spirals down in price but then rises from the dead!”

Petros Anagnostou, the founder of Crypto Solutions declares:

“My prediction: Bitcoin will reach $12,000 before the end of this year. And will reach a price of $50,000 – $100,000 by the end of 2020.”

No one can predict what exactly will happen after the upcoming BTC halving. It is always up to you either be on the optimistic side or be one of the doubters.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk. You are the only one responsible for making investment decisions.

Weekly general discussion - May 07, 2020

Welcome to the weekly general discussion thread of /r/btcsv! Thread topics include, but are not limited to: General discussion related to the weeks events, questions that don't deserve their own thread. Please discuss prices in the Weekly Bitcoin markets and price discussion thread.

Bill Gates will use your microchipped body to mine cryptocurrency. patent number WO-2020-060606. Seriously ths is worth a read, not sure if this is well known about in this sub, I'm only just finding out about it.

I urge you all to look into this, a bio interface chip/sensor that rewards users with bitcoin if they exercise / watch advertisements

Patent

https://biohackinfo.com/news-microsoft-patent-wo2020060606-human-biometrics-crypto-mining/

However, there is still no indication that this cryptocurrency mining project will be connected to Microsoft’s aforementioned and more promising human microchipping projects. But, due to the Coronavirus Pandemic, the implantable quantum-dot vaccination record capsules and ID2020 are likely to be merged to create the digital certificates that Gates wants everyone to have as proof of vaccination against COVID-19. This opens up the possibility of merging the two projects with the biometrics-sensing microchip implant being developed by BEZH – because biometric data is most crucial during health-related events such as pandemics.

Trezor Wallet Recovery Question

Good morning,

I currently own and have been using a Trezor for a few years for both bitcoin and ethereum wallets. My question is, is my recovery seed that I created during my Trezor's genesis the same for all wallets within its security? In other words, will I use the same recovery seed for both bitcoin and ethereum wallets in an emergency event? Will the recovery seed generate both?

Thank you

Bitcoin Payouts (current BTC/USD price is $9,311.81)

Latest Bitcoin News:

Bitcoin Payouts

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