Monthly Archives: April 2019

4 years, 12 months ago Comments Off on Is Bitcoin Going Mainstream, And Should You Buy In?

It enables two people to exchange it or buy and sell with it without the likes of Barclays or PayPal needing to facilitate the payment. The firm believes this may open merchants up to new customers and build loyalty with existing customers who are already migrating to digital assets over traditional fiat options. The research note of the Bank of America suggests that the BTC price appreciation of 1% just takes a net inflow of $93 million. With Bitcoin’s nearly $1.1 trillion market cap, the research suggests Bitcoin is twice as volatile as gold per-dollar in-flows. What this means is that investors will no longer be able to buy into things which track the price of bitcoin, like certain investment funds, and will have to buy into the coins themselves. From January, UK cryptocurrency investors may find it slightly more difficult to buy into bitcoin.

Bitcoin rose up to 20% according to Asian trading, reaching a $5,000 valuation for the first time since mid-November 2018 but then later settled at $4,800 which still marked the biggest one-day rise in a year. Tether is a stablecoin that many traders use and rely on for liquidity in markets; if the allegations prove true then the valuation of the coin and its users’ assets will plummet, proving the long-questioned monetary reserve backing of Tether correct.

Bitcoin: What It Is And What’s Behind The New ‘monetary Revolution’? Price Jump Explained

Ether is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price, even though it is entirely arbitrary, therefore missing relevant milestones and comparables.o evidentiate myopia Cryptocurrency wallet caused by unitary prices, Cardano is priced below $1, although its market capitalization is over $26 billion. At the other extreme, Cover Protocol unitary price is nearly USD 1,600, even though its market capitalization remains sub $100 million.

The record includes the sender and recipients’ Bitcoin addresses and the amount transferred. You transfer Bitcoins from your digital wallet to someone else’s using an app or website and the person’s unique Bitcoin address.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. A cryptocurrency is essentially a digital version of cash that exists outside the established framework of national governments and central and private banks.

The Bank of Thailand cautioned the citizens that the baht-pegged stablecoin, Thai Baht Digital , has no legal assurances or protection and violates the country’s currency act. However, the Bank of Thailand is now leveling up as they are now considering the regulation of asset-backed and foreign currency-backed stable coins and algorithmic stablecoins, but not decentralized cryptocurrencies such as Bitcoin or Ether. In July 2020, Paypal declared its active development on crypto payment solutions. After a long wait, they have announced that consumers can finally use the cryptocurrency in their Paypal account to pay for goods and services online.

Bitcoin’s underlings Ethereum and Ripple , the second and third most popular cryptocurrencies respectively also saw surges in their valuations as a direct result of the recent Bitcoin investment – both ETH and XRP soared by more than 10%. The massive order from an anonymous buyer totalling around $100 million kickstarted a crazed trading period whereby investors tried to capitalise on the sudden and unexpected upturn of the coin’s valuation. Bitcoin surged to its highest price since November on Tuesday, pulling other ‘altcoins’ up with it thanks to an anonymous person buying a large amount of the oldest and bitcoin latest news highly volatile cryptocurrency. New York’s Attorney General Letitia James has filed a lawsuit against iFenix inc., the owner and operator of the Bitfenix cryptocurrency exchange and Tether, the company behind the stablecoin of the same name for allegedly covering up fraudulent activity. What makes the process so compelling is that payments are issued immediately to the retailer, something which is typically difficult to achieve with cryptocurrency payments. In order to do this, the Flexa network has developed its own token, known as the FlexaCoin, with the network acting as a middle man for the process.

Bitcoin Price Hits New Record High As Market Cap Nears $1 Trillion

Ripple also gave an official statement about this confirming the end of their partnership. Because of the SEC lawsuit against XRP, Moneygram was sued by Rosen Law Firm for allegedly misleading investors over XRP. Though the partnership did not last, it was fruitful for both of them. Ripple’s CEO, Brad Garlinghouse, said in a documentary that XRP will keep trading even if Ripple will go away. It has been all over the news when Ripple faced the SEC lawsuit case filed against them.

Is it smart to invest in Bitcoin right now?

Bitcoin may be gaining popularity right now, but that alone doesn’t make it a smart investment. Before you invest any money, think about your tolerance for risk. If you have money to burn and are willing to risk it, it may be worth the gamble. But for most investors, it’s best to steer clear of Bitcoin for right now.

We trust banks to honour the value of our currency so that we can accept cash as payment and trust others will accept it from us. We use our own cookies as well as third-party cookies on our websites to enhance your experience, analyze our traffic, and for security and marketing. Coinpass Limited is temporarily registered under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations of 2017, as amended, as a crypto asset business until 9 July 2021, pending the Financial Conduct Authority’s determination of our application. See the Financial Conduct Authority’s list of temporarily registered crypto-asset businesses here.

US retailers including Starbucks, Whole Foods, Game Stop, Nordstrom, and Jamba Juice have partnered with mobile payments firm Flexa, which has built a new network capable of simplifying the payment process. If that plays out as Coinbase hopes, the company will be a major beneficiary, but it remains a sizeable if at this early stage. Since 2001 the Shares Awards have recognised the high quality of service and products from companies in the world of retail investment as voted for by Shares’ readers.

Bitcoin And Four Other Leading Cryptocurrencies All Plunge Suddenly

Once the QR code has been scanned, the network will pay the store immediately using the FlexaCoin as collateral, and will then start the much slower process of debiting cryptocurrencies from the user’s wallet. Although the app only supports a handful of cryptocurrencies at launch, the plan is to provide support for any token at any store. Payments are handled using Flexa’s mobile app Spedn, which has a user’s cryptocurrency wallet attached. The app generates a QR code that can be scanned at the checkout, which then prompts a payment transfer from the attached wallet to the store, converting the payment into dollars along the way. Bitcoin ended 2020 worth $28,990, topped $60,000 in March, and today trades at $57,770.

  • After a long wait, they have announced that consumers can finally use the cryptocurrency in their Paypal account to pay for goods and services online.
  • If the sentiment is buoyant, it may well be that some regions will be waking to find BTC has a new all-time high.
  • The new ATHs of the cryptocurrency market is something that we should celebrate for.
  • Given the recent consolidation prior to this breach of the $60,000, that potential outcome cannot be ruled out.
  • The app generates a QR code that can be scanned at the checkout, which then prompts a payment transfer from the attached wallet to the store, converting the payment into dollars along the way.
  • In July 2020, Paypal declared its active development on crypto payment solutions.

If the sentiment is buoyant, it may well be that some regions will be waking to find BTC has a new all-time high. Given the recent consolidation prior to this breach of the $60,000, that potential outcome cannot be ruled out. CryptowatchWhere Bitcoin goes from here is now dependent on what mood each market around the world wakes up in. Elon Musk – so often the source of a price movement with a mischievous tweet – had clearly seen the green spike as he posted “… going to the moon very soon”. The $60k line has been repeatedly tested since Bitcoin set an all-time high of $61,701 on March 13.

Bitcoin, Seemingly Omnipresent, Crosses The $50,000 Mark

Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. The table below shows how different cryptocurrencies are performing in real-time. 1 November 2019 When originally published in December 2018, this page contained guidance for individuals who hold cryptoassets, explaining what taxes they may need to pay, and what records they need to keep. HMRC has now published a second paper about the tax treatment of cryptoasset transactions involving businesses and companies. HMRC has published guidance for people who hold cryptoassets , explaining what taxes they may need to pay, and what records they need to keep.

Whether it’s Bitcoin price, Bitcoin news today or BTC / XBT news now, we’ve got it covered – breaking news from each site is brought to you automatically and continuously 24/7, within around 10 minutes of publication. Relevance is automatically assessed so some headlines not qualifying as Bitcoin news might appear – please feel free to contact us regarding any persistent issues. HMRC has also published further information for businesses and companies about the tax treatment of cryptoasset transactions. Once a payment is verified, the miner adds a record of the transaction to a shared online ledger.

Bitcoin Price Crashes 20% But Analysts Predict New Record Highs

Investments in crypto assets are not covered by the Financial Ombudsman Service or subject to protection under the Financial Services Compensation Scheme. Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst. Uniswap has surged by nearly 50% this week which made it the eighth-largest crypto asset. On March 5th, it also had a place in crypto’s top 10 as the first DeFi DApp token to hold the distinction. Also, UNI’s surge comes amid increasing speculation that Uniswap’s V3 upgrade will be coming in the way soon. Morgan Stanley is now allowing its wealthier clients to access Bitcoin.

Tesla’s Elon Musk started accepting bitcoin as payment for cars earlier this month, just a few weeks after Tesla shifted $1.5bn into bitcoin. Dozens of world’s largest retail chains have started accepting cryptocurrencies as a means for paying for goods in physical stores, with initial support for bitcoin, ether, bitcoin cash and gemini dollar payments. But investing in the stock is not a one-way street and there are risks investors should know about. For a start, Coinbase has plans to spend billions on scaling its platform and driving marketing in 2021 and beyond, cryptocurrency bitcoin which will cap financial performance. The IPO of cryptocurrency exchange Coinbase could go off with a huge bang when it lists stock on Nasdaq next week , with some estimating the company will command a $100 billion valuation. Investing.com’s crypto news section is providing the latest cryptocurrency news – stay up-to-date with breaking news on major cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple and ICOs. This means there are no rules in place to protect you from losing everything, and no watchdog to ensure everyone involved plays fair.

Invented in 2009, Bitcoin is the world’s oldest and best-known cryptocurrency. First, we provide paid placements to advertisers to present their offers. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This site does not include all companies or products available within the market. Coinpass do not make any representations or recommendations regarding the advisability or otherwise of trading in crypto assets or any particular transaction. With its return, the largest cryptocurrency is in a “parabolic advance” — the fourth in its twelve-year history, analysts say. The money transfer giant, Moneygram, announced that it will not be using XRP for remittance services.

Is Bitcoin predicted to crash?

The next major bitcoin price crash will wipe up to 90 per cent from its value and cause it to stagnate in a years-long “crypto winter”, a market expert has warned. Last March, the value of bitcoin had just halved following a series of flash crashes, in part sparked by the coronavirus pandemic.

People once traded physical assets such as gold and silver for goods and services. But these were hard to carry and vulnerable to theft and loss, so banks offered to hold them for us, issuing notes that proved the wealth we had in the bank.

Shares NewsShares journalists news and views on today’s breaking stories. “The 3-month realised volatility for bitcoin peaked at 91% on Feb 23rd and has subsided to 86% since then,” they said. “The 6-month realised volatility appears to be stabilising at around 73%.” Bitcoin (BTC-USD) rose 1.2% against the dollar on Tuesday morning in London following a report from JP Morgan that suggested decreasing volatility would lead to greater institutional interest from investors. Also, bitcoin’s threat and retirement locations for people who want everything.

Goldman Sachs, for example, reintroduced plans to launch a cryptocurrency desk for futures trading. Bitcoin has rallied more than 400% over the last six months thanks to growing support from institutional investors and major tech players like Tesla. Square , Jack Dorsey’s payments company, has invested over $200m in the cryptocurrency. First launched in 2018, USD Coin is managed by a consortium called Centre, founded by peer-to-peer payments company Circle what is cryptocurrency and including cryptocurrency exchange Coinbase and bitcoin miner company Bitmain, which is an investor in Circle. Payments company Visa last week said it would allow the use of the cryptocurrency USD Coin to settle transactions on its payment network. USD Coin is a stablecoin, meaning its value is directly pegged to the US dollar. Many investors have began storing their money in cryptocurrencies as an alternative to the wild swings of the stock markets.

JP Morgan Chase and Co suggest that investors should allocate 1% of their portfolio in bitcoin as a hedge. One of the most popular topics of discussion in the crypto community is how big should be the percentage that investors should invest in. Kjell Inge Røkkes Aker, the second-richest man in Norway, has established a cryptocurrency company named Seetee. The company will step into Bitcoin mining with green energy as energy sources. While it advocates sustainability and lessening the fears of Bitcoin’s energy use, it also aims to HODL its entire BTC holdings. The House of Representatives in Georgia state proposed a bill to develop a program focused on financial literacy, recognizing cryptocurrency as a part of the special learning area on the curriculum. Other sectors already recognized crypto and the educational sector was not left behind.

The crypto prices have been added to the finance.google.com domain. The “Compare Markets” category has the section named “Crypto” that provides key pricing information for cryptocurrencies such as Bitcoin , Ether , Litecoin , and Bitcoin Cash . The cryptocurrency market got the mainstream attention and now the institutional investors and corporations have started to jump aboard in the cryptocurrency investment. Tesla had announced last month it had invested $1.5bn (£1bn) into bitcoin, the world’s biggest cryptocurrency. The company said at the time it was hoping to accept payment in bitcoins in the near future.

They include well-established altcoins like Ethereum and Litecoin, as well as fledgling altcoins like Elrond and Clover. Each currency has different values and rules, but they all follow the http://dsis.betoo.si/eos-chat-and-forum/ basic precepts of cryptocurrency. There are countless other cryptocurrencies, collectively referred to as altcoins. Anyone can buy Bitcoin from crypto exchanges such as Binance and Coinbase.

5 years ago 7
Posted in: Uncategorized

 

We all struggle with what is fair when it comes to making a photogrpaph.  This video

does not attempt to anwer that question, but does breath life in to the possibilities!

 

Blessings,

 

the pilgrim

5 years ago 17
Posted in: Uncategorized

 

 

I’ve been watching the news, too much news!  It has had a very profound and terrible affect on me. What have I learned from this activity;  I voted for Donald Trump in 2016, so; I’m a smelly Walmart person, I am one of those idiots from the middle of America that is still clinging to my guns, God and Bible. I’m in the “Basket of Deplorables”!  I’m a white, straight, Christian, therefore; I’m a racist, nationalist, messagenist, homophobic, Nazi.  I’m stupid, and should be hated because of my beliefs and my 2016 vote.

 

For the record, the only part of that, that is accurate is I do like my guns, love my God and believe in the Bible. I shower every day and wear clean clothes, I was born white as were both of my parents.  I’m straight but not homophobic, I have lots of friends of color, I am proud to be an American and love my country, so if that is a nationalist, guilty as charged, though I don’t think that is a bad thing. I’ve been married to the same woman for almost 50 years and still am madly in love with her, and have been faithful to her all 49 years of our lives together!  I had family members who died in World War II fighting the Third Reich, so I doubt I’m leaning Nazi!!!

 

So I’ve been lied about, called ugly names, disparaged, and verbally spat on.  What has my reaction been?  Satan has had his way with me.  I’ve developed a hatred towards those that hurl those insults, that have unjustly attacked me. That have reported false news and hurled insults on my President.  I was just about ready to start wearing MAGA hat and punch out anyone that even look cross eyed at me!!!!  I was mad as hell and wasn’t going to take it anymore!!!

 

Then I went church this morning……..

 

My pastor preached on the day that Jesus was crucified.  They beat Him, spat on Him, made Him carry his own cross to the hill where He was nailed to that cross and hung Him up to die.  He was not guilty of any crimes. The crowd jeered at Him and said if you are the king of Jews, save yourself.  The soldiers that had driven nails through his wrists and feet gambled for his only possession, his robe.  After all this with blood running down his face from a crown of thorns driven into his scalp, how did he react?  He could have called down lightening from the skies and struck them all down, but he didn’t.  He said, “Father forgive them for know not what they are doing.”  At the remembrance of those words I went down to the alter and wept and asked God to forgive me for hating those that have persecuted me.  I asked Him to help me forgive them.

 

In this season of Easter, I pray that we all find a way to love one another and stop abusing each other, and work together for the common good of our country.  This confession of my own sins is my start.

 

Blessings,

 

the pilgrim

5 years ago 6
Posted in: Uncategorized

 

At the recent Master’s Class this image shot by Jerry Reese, above, came on the screen and I said, “Wow, I wish I had shot that, terrific!”   I had called some other images as, “Nice”!  That led to a question that I knew needed to be addressed, “What determines whether an image is “nice” and another “Wow!”  On the spot I answered that images for review fall into about five categories, but before I list them I need to make couple of clarifications!

When reviewing students images I want to be sure that I am clear that “beauty is in the eye of the beholder”!   (1) Just because I’m the leader or instructor does not mean I can do anything more than render my “opinion”.  I have years of experience and  study under my belt, but, it is still my opinion! (2) All reviewers have to work from the position of their own training and background, and of course, that is different for all of us.  If we keep those two factors in mind we can continue in agreement and seek more understanding!

 

These are my Five Categories of Image Effectiveness:

  1. This is really awful!  While this is certainly true of some images put up for review we would never say that!  Most images would automtically be moved into category number two. There is no value in demeaning someone’s work.
  2.  This needs a lot of help!  When an image has a good central theme or subject but has lots of things preventing it from being successful it falls into this category!  This is where we can teach a lot about how to eliminate the problems.
  3. Good idea, done “Mostly” well!  This is an image that has a clearly defined subject, made in good light and in the right conditions, but with some distractions that keep it from being a really nice image.  We see a lot of these kinds of images, and they are valuable for teaching!
  4. A really “Nice” image.  This is an image that meets all the good things in the previous category and the distractions are well taken care of, a technically and aesthetically well done image.  Deserving of praise!
  5. Wow!!!  I with I had made that shot!  This goes into the area of an images appeal to the reviewer!  For example a really nice image of a flower would never get any higher for me than category 4.  Why, because I’m just not into flowers!!! Others might see that flower image as a Wow image.  A rusty truck done well might well be a Wow for me, because I’m into rust!  For others not so much!  The other factor is the soul of an image, a powerful message, or stunning beauty of the subject or even a moving emotional image.  Many things can trigger the Wow factor for each of us, it is highly individualized!

 

 

This image is a Wow for me.  Why, I love streams in spring done at slow shutter speeds, and this is my favorite spot on the Tremont Branch of the Little River in the Great Smokies, my favorite National Park!  I’ve spent many days on this river with dear friends and valued students.  This is the perfect water level which does not happen all the time, so many factors make this a Wow for me!

 

 

I’m sure you can understand why this a Wow image for me, personal attachment to the subjects, a 8 week old Chester and my bride, Sherelene!  It’s hard too believe Chester ever weighed 12 pounds and that was just 4 months ago!!!

 

 

Chester, now at 42 pounds!

 

 

Nancy Dill’s stunning composition of a great moment is a Wow!!!!!

 

 

Nature is so spectacular that our only need is to be sure and capture it effectively!  From the Upper Peninsula of Michigan last fall!  We’re going again this fall, by-the-way!

 

I hope that this was helpful as you attempt to review your now work!  These are the same categories I use to access my own progress and yes, I’ve made images that fit in each one!!!!!

 

Blessings,

 

the pilgrim