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Thread: Bitcoin Boom

  1. #196
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    Default Re: Bitcoin Boom

    I am the proud owner of one fiftieth of a bitcoin.
    "Politics is the art of looking for trouble, finding it everywhere, misdiagnosing it, and then misapplying the wrong remedies.”

  2. #197
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    Default Re: Bitcoin Boom

    Quote Originally Posted by riposte View Post
    I am the proud owner of one fiftieth of a bitcoin.
    congrats

    keep it. It will be worth $1,000 during 2018
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  3. #198
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    Default Re: Bitcoin Boom

    Jebus.......


    Big bucks. Ripple is the world's second-largest cryptocurrency by market cap (after Bitcoin) and Ripple cofounder and CEO Chris Larsen just became the world's fifth wealthiest person.
    Fortune
    As a general rule the most successful man in life is the man who has the best information.

  4. #199
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    Default Re: Bitcoin Boom

    Is cryptocurrency mining pushing up oil prices?.....


    Bitcoin: A new Morgan Stanley research note sums up the power demand associated with cryptocurrencies. Via Bloomberg:
    "Miners of bitcoin and other cryptocurrencies could require up to 140 terawatt-hours of electricity in 2018, about 0.6 percent of the global total, Morgan Stanley analysts led by Nicholas Ashworth wrote in a note Wednesday. That’s more than expected power demand from electric vehicles in 2025."
    Oil markets: The Wall Street Journal looks at bullish forecasts. "Oil prices have been grinding higher and higher, spurring forecasters to predict they could hit $80 a barrel this year," they write.
    As a general rule the most successful man in life is the man who has the best information.

  5. #200
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    Default Re: Bitcoin Boom

    POS (Proof of Stake) cryptos are the environmental options


    https://www.ccn.com/bitcoins-future-...proof-of-work/
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  6. #201
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    Default Re: Bitcoin Boom

    Coinbase is the public face of the cryptocurrency craze.

    For millions, it is the de facto “on-ramp” to the world of bitcoin and crypto as a whole.

    The website and app allow people to use dollars to buy Bitcoin and Ethereum and Litecoin, etc.

    Coinbase had an estimated 13.3 million users as of July 2017 (it has grown like a weed, having had only 200K users as recently as mid-2013).

    That number is crazy.


    The chart below is from our recent Coinbase strategy teardown.



    To put it into context, Robinhood — the stock trading app popular with millennials — has somewhere over 3 million users, according to the most recent estimates dating to November.

    But yesterday Robinhood announced it will also support cryptocurrency trading in five states. And it says it will operate the service at "break-even," allowing it to perhaps undercut Coinbase, which charges somewhere around 3% fees on trades.

    Robinhood's site says it has already signed up over 500K people to early access to crypto trading in just 24 hours.

    The looming Robinhood vs Coinbase battle puts a new light on the crypto trend. Volatile prices and regulatory uncertainty may be big question marks (see This Week In Data below). But speculating in these markets is already very popular.

    A whole generation of investors is being shaped by it and it’s one way to attract people to a consumer-facing financial services platform (as Coinbase's and Robinhood's numbers show). Will incumbents like PayPal, E-Trade, or Schwab leap into this market next?








    Bitcoin is so passé. Bananacoin is where it's at these days.......




    Bye-bye, Bitcoin. It's all about bananacoins - Mashable

    As a general rule the most successful man in life is the man who has the best information.

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