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  1. For more latest news update on Cryppcurrency Bitcoin & Bitmex auto trading bot cum bitmex crypto trading signals visit below given telegram channel Visit - https://t.me/freebitmexsignals Argentina is in the spotlight, making international settlements in Bitcoin, enabling Bitcoin payments for public transport, and increasing access. Argentina is a great example of a country that needs Bitcoin, bad economics, financial predation and corruption have all taken their toll.
  2. For more latest news update Cryptocurrency training Crypto trading signals & automated trading software join below given telegram channel Join- https://t.me/freebitmexsignals https://play.google.com/store/apps/details?id=com.freecryptosignals.app Join- https://t.me/btctradingclub As everyone already knows, 2018 hasn’t been a nice year for Bitcoin. In the closing weeks of 2017, Bitcoin saw a tremendous rise, with its value skyrocketing to a cool $19,783. However, the new peak was only short-lived as the crypto’s price took a plunge at the opening of 2018. Bitcoin ended up losing about 81% of its peak value during the plunge. Bitcoin has struggled to keep a stand between bears and bulls ever since. However, the worst of the bear strike came a few weeks back when the price took a dip from the $6,000 range to test the $3,500 level. With that, a significant fraction of its total market cap has also been eroded, and that’s not good news. At the moment, the crypto is battling to keep its head just above $4,000. Investing In Bitcoin One risk with investing in Bitcoin is that it really doesn’t relate to any underlying asset or value, meaning that its value is dictated entirely by what other people are willing to pay for it. If people want it more, its value will shoot up. If they don’t, the price could touch down to almost zero. Although Bitcoin has been in the woods for the better part of the year, it has attracted much more attention this year than ever. The price stagnation could be attributed to people’s skepticism of cryptocurrencies as well as the volatile crypto space. Can A Lower Price Encourage Adoption? One thing for sure is that a high-priced digital asset at this time in the development of the crypto industry could discourage its use. In such a case, a lower price could work to its advantage and earn people’s trust. In fact, the current troubles facing Bitcoin can be compared to the bursting of the dotcom bubble back in the 200s. In the burst, Amazon lost over 80% of its share value. Today, the industry has recovered and Amazon is one of the most valuable and expansive entities in the world. The same could be happening to Bitcoin. How $100k Could Happen If the above theory proved true, the next decade could see Bitcoin’s price skyrocket as demand rises. Of course, this is after cryptos, in general, have earned popular trust. If the crypto space handles at least $500 billion (roughly 10%) of global transactions, and Bitcoin gets to be used in 35% of them, then things could really look up for the top coin. Since the total Bitcoin supply is capped at 21 million, it’s easy to see how a single Bitcoin could then be worth $100,000 in this case. However, if things go south and people shy away from using it, the price could plummet to near zero. It’s a tricky investment, but one that could pay off hugely if things to right.
  3. For more latest news update Cryptocurrency training Crypto trading signals & automated trading software join below given telegram channel Join- https://t.me/freebitmexsignals https://play.google.com/store/apps/details?id=com.freecryptosignals.app Join- https://t.me/btctradingclub With a few weeks still left in 2018, the total Bitcoin trading volume for the year has already crossed $2 trillion. Many countries have also seen record BTC trading volume at different points of the year with more everyday people seemingly adopting the popular cryptocurrency. BITCOIN TRADING UP 61 PERCENT SINCE 2017 This volume of trade is especially profound given the tirade of criticism from vocal naysayers who continue to engage in Bitcoin bashing. According to Satoshi Capital Research, the notional value of BTC traded so far in 2018 stands at $2.2 trillion. The figures posted so far represent a 61 percent increase from last years total volume of $870 billion. However, the growth recorded in 2017 – 96 percent still dwarfs that recorded in 2018 and will remain so unless a massive spike in BTC trading occurs between now and the end of the year. To put things in perspective, Mastercard recently published its Q3 2018 financials which showed a total transaction volume of $4.4 trillion for the year. The world’s second largest payment card company also settles about $12 billion worth of transactions per day. From these figures, Bitcoin $4151.76 -0.03% is already at half the transaction settling capacity of Mastercard despite losing close to 70 percent of its value during the year. BTC’s daily volume which is at $8 billion, isn’t a million miles away from Mastercard’s. WHY DO THE NOCOINERS RAGE? Some might argue that the analysis above is akin to comparing apples and oranges. This is because Mastercard’s figures only cover payments made to retail merchants on both online and offline platforms. The figures for Bitcoin come from merchants, futures trading, exchanges, and even international payments. However, the fact that a cryptocurrency with a sub-$100 billion market cap is posting figures in the same ballpark as Mastercard is a glowing endorsement of BTC’s uptake. This assertion is especially true given the negative rhetoric espoused by critics such as Paul Donovan of UBS who recently said that the world’s most popular cryptocurrency Bitcoin is on the verge of falling apart. Things may even get better for cryptocurrency trading as a whole. Earlier in the year, Bitcoinist reported that digital currency trading might grow by 50 percent in 2019 based on a study by Satis Group.
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