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   Strategies & Market TrendsBitcoin


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From: Sultan11/25/2019 1:45:11 AM
1 Recommendation   of 836
 
PONZI SCHEMES, PRIVATE YACHTS, AND A MISSING $250 MILLION IN CRYPTO: THE STRANGE TALE OF QUADRIGA

vanityfair.com


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From: SI Ron (Crazy Soup Man)12/20/2019 2:27:26 PM
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From: Savant12/28/2019 8:05:42 PM
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youtubbies….We sorree...
reddit.com

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From: SI Ron (Crazy Soup Man)12/28/2019 9:52:32 PM
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From: AirCapital1/24/2020 5:46:26 PM
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Position: Strong buy on bitcoin Time frame: 6-12 months

1. Bitcoin as Store of value: Fed is pulling billions of dollar in the market since September through it's repo policies, this has the effect that quite every sector of the market is growing. but how long is this going to last? personally I think the moment the Fed will stop pulling liquidity in the markets things are going to get bad. if this happens the stock market will probably face a big correction (this isn't actually my opinion you can find a similar opinion written by an MD in the financial times). in case this happens investor will probably put their money in gold, bitcoin and other stores of value.

2. Bitcoin's Halving happens May 2020: the reduction in selling pressure after the halving (fewer coins are hitting the market as the reward halves from 12.5 to 6.25) would lead to a price boost. this happened every time bitcoin halved (2012, 2016).

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From: Glenn Petersen1/31/2020 8:44:11 PM
2 Recommendations   of 836
 
Bitcoin’s Network Operations Are Controlled by Five Companies

By Olga Kharif
Bloomberg
January 31, 2020, 1:04 PM CST

-- Chinese mining pools control about 50% of network, report says

-- Miner concentration could threaten Bitcoin’s security, safety

Bitcoin’s infrastructure is more centralized than ever before --raising alarms about the security and viability of what is championed as a decentralized network.

Transactions on the Bitcoin network are processed by so-called miners -- mostly companies operating vast arrays of computers. As competition increased, many smaller participants became unprofitable and dropped out, while the larger operations have entered into various partnership agreements. As a result, five mining entities -- all of them based in China -- control 49.9% of all computing power on the network, the highest concentration of mining power ever, a new analysis from TokenAnalyst found.

The five mining entities -- AntPool, BTC.com, BTC.top, F2 Pool and ViaBTC -- are available via BitDeer, which lets consumers rent mining power without buying or setting up crypto mining hardware. BitDeer acts effectively as the connective tissue between the five mining pools, each of which allows individual miners to pull their resources and to share the freshly minted Bitcoins that serve as rewards. Problem is, a miner with more than 50% of hash power can potentially wreck havoc on the network, raising the likelihood of double-counted coins, stopped payments and stalled transactions.”



“Once a consumer has paid BitDeer for a plan, they can assign that hashrate to any partnership mining pool,” TokenAnalyst said in the report released Friday. “Does it really make a difference anymore? What is to stop the entities merging into a single large entity that maintains a degree of separation” only by having separate addresses where they receive rewards.

Bitcoin’s main attraction has always been its lack of centralization -- its lack of dependence on a particular government or bank. But in recent years, the bulk of trading has become controlled by a handful of exchanges. Now network operations appear to have become highly centralized, too.

— With assistance by Vildana Hajric

bloomberg.com

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To: Goose94 who wrote (807)2/24/2020 1:13:58 PM
From: Goose94
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Bank of England official says it is ‘crucial’ for central banks to consider digital currencies finance.yahoo.com

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To: Goose94 who wrote (814)3/20/2020 10:49:58 AM
From: Goose94
2 Recommendations   of 836
 

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To: Goose94 who wrote (815)3/31/2020 7:45:35 PM
From: Goose94
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Toilet Paper Token coinmarketcap.com Out of stock blog.coinmarketcap.com

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To: Goose94 who wrote (816)3/31/2020 8:07:56 PM
From: SI Ron (Crazy Soup Man)
1 Recommendation   of 836
 
Dude stay on topic please.

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