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  1. For more latest news update Crypto currency training Crypto trading signals & automated trading software join below given telegram channel Join- https://t.me/btctradingclub Join- https://t.me/freebitmexsignals https://play.google.com/store/apps/details?id=com.freecryptosignals.app The British, especially young ones, consider Bitcoin an attractive financial alternative and believe it could become as common as cash or cards. The findings of the Bitcoin survey carried out in early November by research agency YouGov revealed an upbeat attitude on the part of UK residents towards the world’s main digital currency. Over 90 percent of respondents reported they had heard of Bitcoin, and one in five agrees that it could become “as common as card or cash” in the future, the survey findings show. Notably, young people tend to be most active Bitcoins buyers and believe they understand pretty well how it works. On November 7, YouGov, a global market research and data analytics company headquartered in the UK, published on its official website the results of the research to answer the question: The survey revealed positive consumer sentiments towards Bitcoin despite the current crypto bear market. According to the data, nine out of ten (93%) Britons have heard of this technology. However, only 4% are sure they understand ‘very well’ how Bitcoin works. Men expressed more confidence than women in their awareness of the subject - 33% of men vs. only 12% of women said they understood Bitcoin ‘fairly well’. In a similar pattern, “young people are significantly more likely than older generations to feel they understand” Bitcoin, the agency comments. However, although almost everyone has heard of Bitcoin, most respondents don’t actually have it, and the number of coin owners remains rather low. Once again, most Bitcoin buyers are represented by the younger people of 18-24 years old (9%). The same age group most actively reported personally knowing someone who has ever bought Bitcoins (36%). In contrast, only one in a hundred (1%) of Britons aged 55 and above said they had bought the cryptocurrency. Despite the relative scarcity of crypto holders, UK people still believe that the role of cryptocurrencies in the financial system will strengthen in the future. One in five (21%) respondents think Bitcoins will go mainstream and be widely used as a common means of payment like cards or cash. Remarkably, both men and women almost equally share this view. Yet, currently they are outnumbered by skeptics (43%) who don’t believe digital assets will ever catch up with traditional methods of payment. Also, the survey results have detected a minor cause for concern. According to YouGov, Brits tend to disregard the key principle that laid the foundation for Bitcoin. It was created as the first currency not controlled by government or any central authority. However, a great number of respondents said they felt ‘fairly negative’ (24%) or ‘very negative’ (20%) about the idea of Bitcoin’s decentralized nature. Those feeling "very negative" are seven times more than feeling "very positive." Another 25% described their attitude as ‘neutral’, and one in five (18%) don’t know. As usual, "young people are double as likely as older generations to be positive about it, but those feeling positive are still very much a minority (15% of 18 to 24s, vs 7% of 55+),” the agency adds. Notably, the survey was carried out soon after Bitcoin celebrated the tenth anniversary of Satoshi Nakamoto publishing a whitepaper about a revolutionary digital currency called 'Bitcoin'.
  2. For more latest news update Crypto currency training Crypto trading signals & automated trading software join below given telegram channel For more latest news update Crypto currency training Crypto trading signals & automated trading software join below given telegram channel Join- https://t.me/btctradingclub Join- https://t.me/freebitmexsignals https://play.google.com/store/apps/details?id=com.freecryptosignals.app Retired US Congressman Ron Paul, a one-time bitcoin skeptic, called for a tax exemption on all cryptocurrencies, saying the move could prevent an economic recession. Ron Paul, the father of current United States Senator Rand Paul, made the suggestion in a blog post entitled “Trump Is Right, the Fed Is Crazy,” where he blasted the Federal Reserve for manipulating interest rates. “It is likely that the next Fed-created recession will come sooner rather than later,” Paul wrote. “This could be the major catastrophe that leads to the end of fiat currency.” FREE CRYPTO COIN JUNKY HANDBOOK - 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more. CRYPTO TRADING STRATEGY GUIDES - Whether You're Day Trading, Swing Trading, Or Just Investing...Our Extensive Guides Will Get You To Where You Want To Be. Paul said the only way to avoid such a crisis is to allow people to use alternative currencies and to exempt “all transactions in precious metals and cryptocurrencies from capital gains taxes and other taxes.” Fed Manipulation Causes ‘Illusion Of Prosperity’Paul said central banks constantly increase and decrease the money supply to control the economy by controlling interest rates. He said the Federal Reserve‘s cyclical manipulation of interest rates actually fuels recessions by creating an artificial economic boom. “This can create an illusion of prosperity,” he wrote. “Eventually, reality catches up to the Federal Reserve-created fantasies. When that happens, there is a recession or worse, leading the Fed to start the whole boom-and-bust cycle over again.” Rand Paul and his dad Ron Paul are both physicians and politicians. | Source: YouTubeRon Paul is a libertarian who opposes government intervention in the free market. This is a sentiment shared by many in the cryptocurrency community, who prefer the decentralized and unregulated market that crypto operates in. Paul — a frequent critic of President Donald Trump — agrees with Trump’s recent criticism of the Federal Reserve. Paul, true to form, also called for abolishing the Fed, saying a limited government and an economy that is not manipulated is better for society. “Not only should we audit the Federal Reserve, we should get rid of it!” he said. As recently as December 2017, Ron Paul was a bitcoin skeptic and staunch advocate of the gold standard. At the time, Paul expressed surprise that an informal Twitter poll revealed that more than half of his Twitter followers would rather invest in bitcoin than in gold.
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  4. For more latest news update Crypto currency training Crypto trading signals & automated trading software join below given telegram channel Join- https://t.me/btctradingclub Join- https://t.me/freebitmexsignals  https://play.google.com/store/apps/details?id=com.freecryptosignals.app Despite Google’s ban on crypto-related ads, its billionaire-rich leading figures have not made any attempts at hiding their love for digital currencies. Sundar Pichai, CEO of Google, is the latest to share his fondness, according to a post by Business Insider. In what is undeniably reminiscent of Sergey Brin’s fascinating revelation a few months back, the wealthy billionaire has also revealed an intimate disclosure, of his 11 year old son’s involvement in cryptocurrencies. Speaking at the recently held DealBook conference organized by literary powerhouse New York Times, Pichai cited an incident that happened between him and his son as a curious illustration. “Last week I was at dinner with my son, and I was talking about something about bitcoin and my son clarified what I was talking about was ethereum, which is slightly different,” he recalled. “He’s 11 years old, and he told me he’s mining it.” Pichai added that his young crypto-savvy son employed the only computer in his home to mine Ether; An offhand information that aligns with the interesting trend of tech billionaires being particularly conscious of the level of their wards’ tech addiction. The topic of Brin’s discussion which is centered around the same issue including reducing screen-time for young people had Brin’s sole self-built computer as a perfect illustration. Crypto Versus Fiat’s Popularity in the Younger Generation Could digital currency be getting simpler and more understandable than the fiat currency in this new age generation? Like Co-founder Sergey Brin’s admission that the crypto industry might be the spark needed to cause an awaited technology renaissance, Pichai has also chucked in on the stipulation, albeit indirectly. He explained that his son, who corrected him regarding his innocent conflict of Ethereum with Bitcoin, had more knowledge on the cryptocurrency system than how the fiat system worked. “I realized he understood ethereum better than how paper money works. I had to talk to him about the banking system, the importance of it. It was a good conversation,” he said.
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  6. Join- https://t.me/btctradingclub  Join- https://t.me/freebitmexsignals    https://play.google.com/store/apps/details?id=com.freecryptosignals.app For more latest news update Crypto currency training Crypto trading signals & automated trading software join above given telegram channel Ethereum has been witnessing a decline in the past few months, while on the other hand its hash rate is increasing. In fact, in the past eight months or so, Ethereum’s hashrate has almost tripled to 300 trillion per second. Essentially it means that if your mining gear could earn USD 100 in December 2017, then currently it can only make around USD 2.5. This goes on to show the changing fate of mining business. Experts are of the view that the rise in hashrate was more due to asics. For example, Ethereum asics are only a little more efficient than GPUs. Hence, new hardware might keep up, but at a price of USD 300 for 1 ETH, we can safely say that some of them might be going under soon. As per a March 2018 report on ETH mining, a mining rig of 93 MH/s was able to earn somewhere around USD 24 per week at the the price of Ethereum at USD 600. If we compare this to say August prices, then the earning of a miner would be just about USD 12. If we add the electricity costs then it was just USD 10, which leaves a profit of only USD 2! However, if we also account for the hardware costs, then a loss is probably incurred. As per a study conducted by American investment bank Morgan Stanley, it was estimated that under the price of USD 8,600 per Bitcoin, mining farms will not be able to break even in two years time. This estimation is based on electricity costs. According to Electricity Local, an electricity statistics website, the costs of industrial electricity in China was 4.8 cent. The estimation has been arrived at based on a worse case scenario, where hardware costs have also been accounted. Hardware costs can counter the upswing in hashrate for Bitcoin, which was at 52 quintillion. Miners can easily replace gear since new asics cost somewhere around USD 1,000. The previously mentioned asics cost is more a retail cost, however minings farms are more likely to buy the gear in bulk, hence a better estimate can be arrived at with 10% leeway either way. Hence, we can come to the conclusion that even Bitcoin miners are at the risk of making a loss. An electricity company revealed in April that to mine one Bitcoin in China, the cost would be about USD 3,000. However, this may just be the cost of electricity. If we account for additional costs incurred by hardware and everything else, then the cost of mining a Bitcoin would be better placed at USD 5,000. Therefore, we can arrive at the conclusion that according to the above mentioned numbers, miners may still be in profit, but they are definitely at the risk of going under soon. For example, according to leading Blockchain technology company, Bitfury, it was accounted for 10% or more of the hashrate of Bitcoin. Today, it stand at about 1.7%. With new asics, Bitmain’s gear is also getting outdated, and this would mean new investments. Hence, miners are likely to start feeling the crunch.
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  12. https://t.me/freebitmexsignals http://crypto-autobot.com/ Join- https://t.me/btctradingclub https://play.google.com/store/apps/details?id=com.freecryptosignals.app For more Bitcoin Crypto Currency news Latest Update Crypto Currency Training Auto Trading Crypto BOT & Crypto Trading Signals join above given telegram channel Some prominent CEOs have been speaking out on where they see the cryptocurrency market heading as it moves beyond 2018 into the future and the synopsis is upbeat. With co-founder of BTCC Bobby Lee predicting that when Bitcoin passes the USD 60,000 price level in the coming years, it’ll reach a total circulation value of USD 1 trillion, what then is the short-term synopsis for the digital currency? With 3,650 Bitcoin ATMs in the world and approximately four new Bitcoin ATMs being installed each day, some in the most unexpected of places, the market for Bitcoin certainly isn’t going away anytime soon, and popularity on the street is clearly on the up, with experts expecting the ATM market will achieve a USD 145 million value by 2023. Herman Finnbjornsson, founder of Svandis, is certain that Bitcoin is going nowhere if not onwards to success, suggesting that “[There’s] Less than a 1% chance in my mind that Bitcoin won’t succeed. I think that there are a lot of reasons to be bullish on Bitcoin. Banks are getting into Bitcoin.” Banks around the world are becoming involved in Bitcoin with particular interest on Wall Street as ETFs are expected to gain approval by the SEC next year, along with industry expectations these will lift the market and attract institutional investors. Russell Korus, the CEO of EZ Exchange, sees Bitcoin succeeding for a number of reasons, suggesting that its failproof, decentralized, and autonomous qualities simply can’t be overlooked. He suggests that Bitcoin will lead what he calls “a brand new paradigm” where value can be exchanged without the need for an intermediary creating “far-reaching and society-shifting repercussions”, within the industry as the move towards decentralization now, eventually becomes the norm. Finnbjornsson sees this year as the springboard to his success scenario suggesting that Bitcoin could easily pass the USD 10,000 price level by the first week of November. Brian Kelly’s biggest news of the year, the much talked about platform backed by Microsoft and Starbucks, will see Bitcoins sales volume support that figure as investors rush to get in early.
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