I made my first BTC purchase around the end of 2014. The price was a little over $300 and it was trending slowly down. (I vaguely remember a very short-term dip into the $100s during 2015. Feel free to verify.) ...
Read More »Long term analysis for Bitcoin in 2021-2022.
Bitcoin scarcity is and will be the forerunner for bullish movements never ever seen in an asset until today. The existing upward movement is stretched, but having less bitcoins available in the market has been decreasing each and every day, ...
Read More »#BTCUpdate: The Bigger Picture that matters the most
So this is the bigger picture that matters the most. Looks like massive $BTC OTC deals are still on-going. Only 5% of the network transactions are used for exchange deposits/withdrawals. Current institutional buying is just a start. Analyst: Ki Young ...
Read More »Bitcoin Drops 10.7% After Hitting Highest Point in Almost Three Years
The world’s most widely used cryptocurrency previously topped the $19,000 mark, nearly reaching its record-high prices from 2017. Meanwhile, Bitcoin’s market value has been estimated at $355.9 billion, surpassing previous records. Bitcoin dropped to $16,933 on Thursday, losing almost one-tenth ...
Read More »Nigeria is establishing a framework for widescale crypto adoption
Nigeria’s Finance Ministry is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies — a move that could accelerate adoption in Africa’s largest economy. Business Day, a Nigerian market intelligence publication, reported Tuesday ...
Read More »#BTCUpdate: HODL FOMO 2017 Vs 2021
Pls take note: Bitcoin’s purpose has nothing to do with governments, political parties, elections. It is supported by a code without owner and institutions, something free and pure. In addition to being untouchable and intangible, its value goes far beyond ...
Read More »PayPal to support Bitcoin and other crypto — but merchants must use fiat
PayPal is ready to let users to buy, sell, and hold Bitcoin $BTC▲4.26% and other cryptocurrencies, according to Reuters. PayPal chief exec Dan Schulman told Reuters the company hopes this will “encourage global use of virtual coins,” and ready its network in anticipation ...
Read More »A chart showing how many days BTC spent at each price range
Made a chart showing how many days BTC spent at each price range Check out thus Bitcoin quote of the day
Read More »Nigeria Overtakes the USA in Number of Bitcoin Wallets Downloads
In Nigeria, with the lack of U.S. Dollars and its weakening currency (Naira), companies are relying on bitcoin as a means of settling payments for international transactions.Nigerians are adopting cryptocurrencies as a large number of wallets downloaded for the cryptocurrency. ...
Read More »Comparing Bitcoin to Stocks
Let’s extend this comparison to stocks so that we can better understand the pros and cons of the two asset classes. QuestionBitcoinStocksScarcityIs the asset scarce? Is the supply limited?Yes(21 million BTC maximum guaranteed.)Depends(Companies can always issue more stock.)Counterfeit ResistanceIs the ...
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