American Investors Plan to “HODL” Bitcoin Until Price Hits $196,000
LendEdu commissioned a survey in November 2017 of 564 Americans who had invested in Bitcoin. While surveys have been done in the past to gauge the awareness of the general public about Bitcoin, this survey focused on American Bitcoin investors and their sentiments. We have come a long way from 2015, when 65% of Americans surveyed didn't know what Bitcoin was. The questions asked in the survey ranged from their reasons for investing in Bitcoin to when they would sell all their Bitcoins.
Visa Launches First Phase of Blockchain B2B Payments
Global credit card giant Visa has rolled out the first, pilot phase of its blockchain-based business-to-business payments service, B2B Connect.
First announced last year, Visa plans to use the platform to ease cross-border payments by facilitating direct payments between institutions, cutting out the middleman the industry currently relies on. The platform – developed with the assistance of blockchain startup Chain – is also designed to ensure secure, yet transparent payments between enterprises.
Already working with Visa on the project are U.S.-based Commerce Bank, South Korea's Shinhan Bank, the Union Bank of Philippines and the United Overseas Bank, based in Singapore.
Visa's global head of solutions, Kevin Phalen, told CoinDesk that the banks are trialing live bank-to-bank transactions over the platform.
Following this first phase of the project, phase two will see the project move to a commercial launch, slated to occur in the middle of 2018, he added.
The Financial Revolution And The Many Benefits It Brings: Cryptocurrency & Blockchain Technology
Nowadays when people say "major financial revolution," they are inevitably referring to cryptocurrency, blockchain technology and Bitcoin. These concepts have taken the world by surprise with their cutting-edge approach and multiple benefits, some of which include decentralized systems, saving money, no need for intermediaries and so on.
If you aren't convinced, you should know that the market capital of cryptocurrencies was $226,510,924,566 at time of writing.
BTCUSD M30. Bitcoin surpassed the all time high but closed below - likely due to large profits being realised. Expect a larger pullback till the 7650 level before anticipating a close above the all time high resistance around 7900. #longlivebitcoin
The world in a Decentralized Digital Economy!!Please think about this for a minute: A global volunteer community network of 20,000+ interlinked computers with blockchain software just beat gold!! If anybody was paying attention to news articles in Forbes, New York Times, M.I.T. Tech Review, and the 2,900+ other articles that have been posted, a younger generation didn't understand Mutual funds, stocks, and bonds. They understand Bitcoins!!
Cryptographic technology is part of your ecosystem as the future generation seeks faster payments, cheaper payments, financial inclusion, increased privacy transactions, and blockchain technology software!!
Bitcoin's ecosystem is still expanding with Crytocurrency Exchange centers like Bitx, Circle, Coinbase, Coinify, Coinplug, and Korbit. A previous CNBC survey: Out of the 49% of the 23,118 people, they voted that Bitcoin's future price will, well exceed over $10,000 for just 1 Bitcoin!! Welcome to the wonderful world of complexities in the 4th Industrial Revolution.
Your economy is evolving #bitcoin#bitcoins#bitcoinvsgold#bitcoinvsethereum#bitcoinfuturecontracts#worldofbitcoins#bitopia#millennials#millennialdisruptionindex
Transactions are growing more virtual in the Digital Economic Age!!
The 2 hottest business platforms in the tech world right now, have been the fintech industry and mobile payment industry, because p2p (peer-to-peer) payments have increased in the last several years!!
Web-based eCommerce of:
1) Mobile Payments
2) Digital Payments
3) Money-Transfer apps
4) Consumer-to-Merchant payments
5) Peer-to-peer transactions
Some of the major tech giants like Apple (i.e. makers of IPhones, IPads, MAC, & etc.) are also considering launching a mobile person-to-person payment services. Mobile app/browser payments have exceeded over $194.1 Million in one year!! The future of international payments and transfers, as this wheel of commerce takes it's evolutionary path!!
Welcome to the wonderful world of complexities in the 4th Industrial Revolution.
Your economy is evolving #bitcoin#bitcoins#worldofbitcoins#bitopia#millennials#gen2020#economy#digitizedeconomy#techfundingandtechtrading#virtualcurrency#virtualwallets#blockchainmining#blockchaintechnology
When you decide to wake up out of Alice in Wonderland and make a decision of when to dream, instead of how to dream, or what to dream, while letting someone dictate your dreams. The reality of it all is the unavoidable future and the inevitable outcome is to hard to avoid when your truly awake!!
Listen and observe on what the consumers want!! Those who have eyes should be seeing, those that have ears should be listening, and those that have common sense should be thinking about motivating themselves. Cryptocurrencies is here to stay and these numbers prove it!! They say, "the fastest way to understand trends is to build a product around it."
When you see Billions invested, seminars that are packed to full capacity, specific key words looked up on websites constantly then you have to wonder what is behind all this??!!
There are way to many retail investors and institutional investors that are behind this cryptocurrency market.
Welcome to a New Reality: Tech runs the world!!
The most relevant & innovative emerging technologies are needed in the coming Digital Age.
Your seeing 'Unicorns' in the fintech and blockchain industries, which did not exist just 9 years ago!!
Your talking about 48,000 need jobs was created off of just 1 Cryptocurrency (I don't have figures for the others yet, but I am still researching)!! Recent reports from CNBC witnessed Computer Science schools and online classes that are teaching curriculums on cryptocurrencies, blockchain technology software, cryptography, algorithms, fintechs, Computer mining, Programmable transactions, and etc!! This is reinvigorating investors in a big way!! Slow learners will understand in due time
Welcome to the wonderful world of complexities in the 4th Industrial Revolution.
Your economy is evolving #bitcoin#bitcoins#worldofbitcoins#bitopia#ethereum#ripple#bitcoincash#millennials#millennialdisruptionindex#gen2020#banksaregoing#banksaredying#fintechs#altcoins#cryptocurrencies#blockchaintechnology#evolvingeconomy#techfundingandtechtrading
BTCUSD H1. Target of 7280 was hit and continued to climb till 7450. Expect a consolidation or even a quick pullback before breaking higher. Minor resistance around 7600 spotted with the next major target being the all time high for bitcoin at 7900. To a new all time high?
The Mystique Behind CryptoCurrency
Over 25% Of Americans Think Cryptocurrencies Are Mainly Used For Illegal Transactions
About a decade ago, when the word Bitcoin started to make it’s way into the mainstream media, it immediately had some bad connotations. Many people started to believe that Bitcoin was some kind of underworld currency used for illegal activity. Why would someone want untraceable money?
It seems that here in America, the country in the world most obsessed with privacy and security, has pulled a double standard of sorts when it comes to cryptocurrency. Unlike many other new technologies, the world of cryptocurrency would take time.
Today we are actually joined by economist and author Jeffrey Tucker. Now, you might have heard of Jeffrey Tucker. He’s very popular in the Bitcoin scene. He’s an Austrian School economist…and you might be thinking, “what does this have to do with becoming superhuman?” Well, Jeffrey was here in the studio with me and we were talking about Bitcoin for a new project that I’ve been working on. Like myself, Jeffrey believes that Bitcoin is going to be one of the key technologies, if not the technology, that liberates humanity, creates unseen prosperity, unseen freedom, and much more. And as I was talking to him, about Bitcoin, I came to realize that a lot of the stuff that he was talking about is about financial freedom, having responsibility for your future, and a lot of different things that we’ve covered on the show only tangentially, but which really relate to becoming super human. And so I decided to share this interview with you guys here today.
Bitcoin’s First 1.6MB Block Has Been Mined
For the first time ever, a 1.6MB bitcoin block was mined yesterday by a small pool called Bitcoin India which currently handles just 0.2% of network hashrate.
Block 493,182 contained 833 transactions with 11,073 inputs and outputs, transfering nearly $50 million worth of bitcoins for a considerable fee of $5,600.
While the weekend was very chaotic for Bitcoin, things have begun to turn around. Bitcoin has recovered much of its loss, now stabilizing well above the $7,000 mark (running $7,200 at press time). At the same time, after the remarkable gains for Bitcoin Cash the coin has begun losing steam and is slumping below $1,200, or 11 percent down since yesterday.
While many had predicted a complete swap away from Bitcoin Core and a market takeover for Bitcoin Cash, it appears that the entire weekend was ‘full of sound and fury but signifying nothing’. Buying the dip
Reports on social media identified strange trading behavior at OKCoin, whose bitcoin price ticker showed that the most prominent cryptocurrency had experienced a 24-hour increase of 123.21%, raising it to a new “all-time high” of $15,151.
Bitcoin futures are all the rage right now, with CME poised to launch contract trading in a matter of weeks. Their arrival will enable investors to speculate on the price of bitcoin without having to actually hold the cryptocurrency. Now, Britain’s Man Group could be next to get in on the act, with CEO Luke Ellis saying they expect to emulate their transatlantic counterparts.
Ethereum is going towards 363$ and 416$ and any Bitcoin rally could push it below 300$ which is a good buying level.
Bitcoin is moving towards 7100$ and 7600$, any pull back to 6500$ levels are a good support and you can buy from there.