The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

Happy New Year friends and crypto fans!!!

More health, fun, happy days and love

On Bitcoin side, $3770 now, we may see a whole year of slow moves, or even a dip
We may buy cheap

Lucky are the ones who can trade daily (see now forex is closed).!!!

Trumpy , banks, crooks , etc with their actions bring a solid money (bitcoin) closer every day

Wish you also more babies (I need one too, with or without 100k bitcoin )!!!!
Babies are gold

2018 December summary bitcoin etc.

https://www.reddit.com/r/Bitcoin/com...december_2018/

Wishing everyone a Happy New Year for 2019 and a Prosperous Year for 2019
Here is my Bitcoin forecast for the begining of 2019. The Daily chart speaks for itself. I have been long Bitcoin since Thu 27th December 2018. I made a profit from the Santa Clause Rally, using my own analysis . The market for Bitcoin 2019, with my broker, has just opened at 21:00 GMT

An AB=CD harmonic

Read the security issue. My Trezor is in a secure location, no chance of anyone getting hold of it. My funds are still secured in my Trezor.

Trezor, Ledger are solid!!!

Why is Bitfinex a whole 100 bucks more expensive than the rest?????

3870 mostly. 👍👍

US shutdown . Wow . See UJ

Here's my view :
For every 1% the stocks lose, bitcoin goes 2-3% up.
For 10% red stocks bitcoin 100% up.!! Makes sence?
For 50% red, bitcoin 2500-3000% up. That's 25-31 times

It's either exponential or logarithmic dependency .

I'll let you know

.....
FF site again in graphic mode with buttons not working .
Think it was ok about 1h ago.

awesome read

https://www.reddit.com/r/Bitcoin/com...x/why_bitcoin/



That's a talking guy!!!!

Oil, China, Aussie, USA shutdown all in dumps
Stocks ditto.... Although some up?

Crypto, gold of course up

N.Korea blabber again

Why's bitcoin only 3% up?????

🍻 👍😱

Since you mentioned UJ. Here is my long term, monthly, view on UJ, with my notes at the bottom that I added in 2011. Here is the news for 2011......https://www.bbc.co.uk/news/business-12781534

.

On the same topic, by Matt Damon.........

https://www.facebook.com/RepresentUs...3357641344759/

Where do we get to see this value change ( +ve or -ve) in stocks?
Any site that can give us the info?
Thank you

Hi!!

Well...many sites.


Best try is investing.com. Stocks, news, crypto, pivots..
So flexible.

What a funny day.
Euro, pound beaten like rabid dogs....

Bitcoin $ 3901 🍻👍

Now, curious fact, most miners and addresses are in China and USA, and both these are bad regulation environment. Almost nothing good. Tyrannical almost (they say, and yes both).

WTF is capital gains tax when you exchange something for...say...bottle wine???
You buy wine for 0.001 bitcoin and need to run to taxman???? Is that true???!
Anyone ?

China we know

So tomorrow if SEC as much as blink about ETF ,price will quadruple ? My guess .

Ideas 🍻

Few good coins up...

DGD, Monero... OMG...

Question. Why is DGD up and DGX down???? WTF???

Overall DGX is solid up, but why damn spikes???

India news - regulation possibly March this year!!!
🍻
https://www.express.co.uk/finance/ci...rrency-crv/amp

The 2486 post above.
Here's the awesome text.!!!!!!
~~~~~~
Henry Ford said, “It is well enough that the people of the nation do not understand our banking system, for if they did, I believe there would be a revolution before tomorrow morning.”


That revolution is underway, called Bitcoin. Bitcoin is a number of things but, primarily, it’s a new form of money – Internet money. I wrote this article because I think it’s one of the most significant innovations since the Internet, and much of the news around Bitcoin is misinformed or intentionally misleading. But why would we need a new form of money? What’s wrong with the US dollar, credit cards and banks? LOL!!!!

A lot.

To understand why, we have to understand what money is. In the modern world when we think of money, we think of dollars, pieces of paper with numbers printed aside pictures of dead kings. But those dollars are intrinsically worthless, for other than folding into origami swans, or serving as kindling to start fires, they have almost no value in and of themselves.!!!!!!!!!!
But we as a society attribute value to them: we all agree that they are worth something. The way we all came to this agreement happened long ago. In antiquity, barter was the currency: I give you a rabbit-ear and you give me a deer hide in exchange, something of value for something of value. But having to lug around rabbits and deer hides was cumbersome…something more transportable was needed. As time progressed, things such as sea shells and salt were used as currency, used because of their scarcity and utility: seashells were beautiful ornaments, and salt could flavor or preserve food. But these new currencies weren’t altogether scarce, as there’s a lot of seashells and salt in the world, and the more of something there is, the less valuable it becomes. Something even more scarce was needed.

Eventually gold became the world’s currency, used for thousands of years, as it is very scarce and intrinsically?????why??? valuable. In order to keep one’s gold safe, banks became storehouses, and for a fee you could keep your money in a well-protected vault rather than under your mattress. The peace of mind was worth the penny. When a person deposited their gold in the banker’s vault, the banker would issue them an IOU, a receipt that they would bring back to the bank whenever they wanted their money. Eventually, people began trading these IOUs, signing them to other people, because it was more convenient to purchase a herd of cows or land with a paper IOU than to retrieve your gold from the bank and carry it into town. Eventually the bankers realized that almost never did all depositors withdraw their money simultaneously, so they put the dormant gold to use by lending out the depositor’s money to others so they could earn interest on the loans. In effect, they discovered the secret to the ancient search for alchemy, they created money out of nothing. This was the birth of fractional reserve banking – the creation of fictional money by lending what did not exist. For example, if a depositor gave the bank one ounce of gold to store for them, the bank would then turn around and loan that ounce of gold out to others in the form of IOUs or checks, commonly nine times in excess of what they actually held. This system of banking showed its weakness in the form of the bank runs in the 1920’s when banks had to close their doors to hoards of depositors demanding their gold; they didn’t have it because they’d loaned it out to nine other people. Bank runs became common and banks occasionally went….bankrupt. Something needed to change.

In 1913, a group of the wealthiest men in the world - bankers, politicians and businessmen - got together and convinced the US Congress that a central bank was needed, a bank too big to fail, a center through which all money was issued and regulated. The Federal Reserve System was born, and became the new issuer of American money. This meant money was now no longer a free market function, but a function of government, an idea borrowed from Communism.!!!!!!! LOL.
If the government needed money for a new war, they didn’t need gold in the bank or to ask the citizens for tax payments to fund it: they could borrow it from the Federal Reserve without question; if they needed funds for a new welfare program such as Socialist Security or Medicare, they could borrow it from the Fed. If, such as in the bank bailouts of 2008, the government decided to keep failing private banks afloat by giving them money – which was the purpose of the Federal Reserve all along – they simply had the Federal Reserve create the money for them.

The result of creating fiat money out of nothing is inflation, and inflation is a mechanism to control the lower classes. For example, imagine playing the game of Monopoly, and the banker – who is also a player – keeps adding money to his personal supply at will. He’ll quickly end up owning all the property as he decreases the relative value of your money. That is exactly what happened in the 2008 bank bailouts where the central bank created trillions of dollars out of nothing and gave it to the US government, who then gave it to the banks, causing the value of all dollars in circulation to decrease. Through this process, the government taxed Americans secretly and gave the money to the bankers, who buy politicians. And the Federal Reserve has no limit to how much money they can create. The US dollar – and all major countries– now operate on fiat currency, money that is based on nothing: no gold, no silver, no seashells, just the declaration of the government that it’s worth something, “legal tender”, and the consent of the people to use the worthless currency. And when a government has an unlimited supply of money, they inevitably become corrupted by this nefarious magic and terrorize weaker countries, fund wars, and create welfare programs to enslave their own population. History shows that all fiat currencies eventually revert to their true value of zero as inflation snowballs out of control. And as a nation’s currency collapses, so do its institutions, economy and ultimately, social order.

So, the banking cartel called the Federal Reserve has a monopoly on creating money out of nothing and collecting interest on the fake fiat money it loans out, while congress has access to unlimited funding through loans from the Federal Reserve which secretly taxes the public through inflation. This system has sunk the country and its citizens in debt. Oooops.

If every debt in America was to be repaid, there wouldn’t be a single dollar left in circulation – there would be no money as we know it, for our whole system is based on debt, our money is created from debt. Our economy would collapse if all debts were repaid, therefore the debt show must go on. Those in power have no interest in eliminating debt, only managing it. Debt is the modern, invisible form of slavery. And slaves have no freedom.

In light of the US dollar turning out to be fools gold, why not just return to the previous gold standard of money, which worked well in the past? Because we live in a digital world where trading pieces of metal is impractical, instead forced to trade in computer digits, unless we want to abandon Amazon Prime and the ability to purchase cheap goods from around the world. Gold is still valuable, as it has always been, but for the digital world we need a digital gold.!!!! Hurraaaaaah.


At the same time that the government and bankers were stealing the wealth of Americans in 2008 by giving billions of dollars to insolvent banks, a new monetary system called Bitcoin was created by a mysterious person, or persons, called Satoshi Nakamoto: internet money, known as cryptocurrency. This new money is capable of replacing the current corrupted system. Bitcoin is computer code that was set in motion in 2009, releasing Bitcoins every ten minutes like gold found slowly in a mineshaft. There will only ever be 21 million produced so, like gold and unlike US dollars, there is a limited, finite supply, which is what makes anything valuable for trade. To understand why Bitcoin is important - a solution to the social and political problems we find ourselves in - one must understand how it works.
There are several technologies that compose Bitcoin. First, and most well known, is the blockchain. The blockchain is the bookkeeper, a ledger which maintains and monitors all transactions on the network. It differs from a traditional...... a distributed government was better for the people than a centralized authority. Accountability by the people is essential, for power always corrupts. The blockchain functions on this principle, that decentralized, distributed power is........ As each block of transactions on the chain is compiled and completed every ten minutes, the Bitcoin algorithm creates new and ever-increasingly difficult puzzle for the network of computers, or “nodes,” to figure out. All computers running the network, “miners” as they are called, are competing to figure out the latest puzzle, and the first one to do it is rewarded with Bitcoins. The only way those Bitcoins retain their value is if the system is unbreakable, so miners have an interest in the integrity of the network. If an outside computer were to try to record a false transaction – such as sending my money to Algeria when it was supposed to go to my mother – they would have to have more computing power than the entire Bitcoin network. Which at this point, after ten years of the Bitcoin heart beating every ten minutes, grows increasingly unlikely. The total computing power of the network is larger than anything else the world has seen, and faster than all the worlds supercomputers combined, many times over.... .

>If you kept $100 under your mattress, over the course of a year it would be worth several dollars less due to the creation of new money. This inflationary process is snowballing downhill as more and more money is being created, despite our current president’s promise to “balance the budget.” LOL 25 TRILLION TIMES... LMAO

As the supply of money increases, the value decreases. Currently there are 17.5 million Bitcoin mined of a total supply of 21 million, and this creation process will continue at an increasingly slower pace until stopping creation completely in the year 2140. So by nature, the value of a Bitcoin is really deflationary rather than inflationary –...

Other than gold and silver, Bitcoin is the most sound financial hedge against the next impending fiat collapse of the American dollar, which is sure to come. And by this time, the entire world is operating the same Ponzi-scheme fiat currency as America, so the collapse will possibly be global, and those holding fiat currency will have little more than toilet paper on their hands.
I don't think fiat is good for that even

Over the course of a year in 2017, Bitcoin climbed from $1,000 to $19,500. While the news was reporting on its skyrocketing price and the FOMO spread, little education was happening; people were simply speculating on the price rather than talking about the utility of Bitcoin and the problems it solves. Then suddenly on December 17th, the price began crashing, all the way down to $3,900 where it currently stands. How could this be, considering all the developments in the world that were continually happening with Bitcoin and its adoption? On that same day, December 17th, Bitcoin futures were opened to the public.

>Enter the thieves, the endless paper printers!!!!!! Futures are a financial game where investors bet on the future price of a commodity such as coffee beans or currencies like Bitcoin. As the price of Bitcoin astronomically skyrocketed, beyond anything the financial world was used to, investors took a gamble that the Bitcoin rise was a bubble, and that the bubble would pop. So they invested or moved their money into the futures market, betting that Bitcoin would fall. As investors pulled large sums of money out of Bitcoin, the price fell, perhaps was manipulated into falling as the giants of finance agreed to pull their money out and move it into bets against Bitcoin. Endless SELL futures. Oooops.
And the market fell. Fast. Or was it correction as 2014 was???
Despite all that, it’s still the best performing asses of the past decade. Decentralized money is important because it enriches and empowers everyone, whereas the current model of centralization enriches and empowers a self-interested few. Bitcoin opens the door of financial opportunities to billions of people on the planet who are reserved to the limited options of cash, alienated from the modern economy. This is why the media – who is owned by the powerful and wealthy 6 companies ONLY!!!!!!! – has had very little good to say about Bitcoin for the past ten years, because it threatens their monopoly of power over the world. Bad????
If we free ourselves of debt, as people and as nations, we can move forward in healing ourselves and our planet, and reclaiming the garden paradise that we live in...and hopefully creating a culture that moves beyond the need for money, with time and contribution the new currency. As the internet, over the past twenty years, freed information from the hands of the liars, newspapers and news channels and gave it all to the people, so Bitcoin has the potential to free true money back to the masses.

Interested in taking part in this evolution of human consciousness? Download an app..... Or register on exchange.. ... Once you purchase Bitcoin, you don’t technically own it until you transfer it into a “wallet”. To ensure that no corporation steals your investment, or the stock market goes belly up, you have to become your own bank. A wallet is an app you download to your phone which, upon opening, supplies you with a 12 -24 word encrypted passphrase. This is the key to your new bank vault, and will access your account from anywhere in the world, from any device. Keep it safe, because if you forget it, your money is lost forever. Now, not even the government or the best hackers can touch your money. There are a number of good wallets available, but I have used the Mycellium wallet app for the past year as it is the most highly rated for security.
Or Andreas' wallet....... There’s also many shady wallets out there, so choose wisely.
This makes banks obsolete.... , in talking about cryptography and cell phones, President Obama said people are walking around “with a Swiss bank account in their pocket.”

To transfer money or make a purchase, from your wallet you simply enter the address of the recipient and select how much you wish to send. Without the password to your encrtypted wallet, nobody can take funds from it, and you will never have those subscription repreat charges that companies love to sneak on you. The fees to send money are nominal and vary depending on the network load, but currently transactions cost about 5-60 cents regardless of how much bitcoin is sent, far cheaper than VISA’s 3%. Also, that fee is given to the individuals running the network – people like you and me.

There are thousands of crytpocurrencies available. Most of them are copies or slight modifications of Bitcoin’s algorithm; some are very different. Many are downright shady or worthless in my opinion, while others have noteworthy improvements, such as increasing the transaction speed limitations of Bitcoin, or privacy coins where transactions almost can’t be traced.!!!

But what makes Bitcoin stand above the rest in my opinion is (1) it is the first cryptocurrency and has withstood ten years of attack and continuous obituaries by the news media, (2) despite all that, it has not only survived, but continually adapted to these bumps in the road to strengthen itself and evolve, (3) it has over half of the cryptocurrency market cap in a field of thousands of players, and is the most widely accepted and used, and you can now even pay your taxes in Ohio with it, (4) the Bitcoin network can absorb the innovations of other coins, implementing their ideas over time, even adding secondary layers of functionality like the Lighting Network, and (5) no other name in the cryptocurrency space carries the weight “Bitcoin” does, and humans are moved by tribal branding.

I dream of a world without money, where people simply do what they are passionate about, free to do as they please like the animals? , free to enjoy the garden paradise we were all born into. In the meantime, the money game must be played. And if it must be played, let’s play to win.

Nice read!!!! Few additions!!!

UJ drop as stone below 105!!!!!!!Awesome!!! Aussie??? Booom too. 🍻 Bitcoin, gold up!!!!!!!! Tomorrow stocks red....

HAPPY BIRTHDAY BITCOIN. </p>

Turns 10 today

Did ya see the corksuckers in G..... rag, spitting in bitcoin, their sick government agenda unabated??
And ni doubt another 1000 government rag papers???

Here's extract :
Cryptocurrencies are so like complex – just a basic!!!! understanding requires a maths background....... Coz morons will take 15 years to understand it LOL.

If FF attach button worked, I'd have a "dummy " manual

Ok

Yey.
FF works ok. Attached

That's yesterday crash. Aussie, UJ drop.
Stocks 3% red.
Apple 10.
...

LOL

20 days to the 24th January 2019, the Bakkt launch date. Reports say that the launch date has been postponed to early 2019, I think that is a red herring !