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If only he/she hodl’d. Well you should see The Trust Machine (Bitcoin Documentary) on youtube, informative submitted by /u/heskey572 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2I7tA2Y

On Thursday YouTube TV announced that subscribers would lose access to Fox regional sports networks and the YES network because it couldn’t reach a new deal with their owner, Sinclair Broadcasting (they got there as a part of Disney’s deal to buy Fox, which required selling off the sports networks). Now the deadline of February 29th has arrived, and the channels are still on. Per the Team YouTube Twitter account, the two companies have arranged an extension while they keep working on a new deal, so we’ll have to wait and see if this arrangement lasts or whether the carriage dispute actually leads to some blacked-out channels. from E-Crypto News https://ift.tt/32BNxs7

Bitcoin is known for its parabolic movements to the upside; BTC’s infamous rally from $1,000 to $20,000 in 2017 was a clear parabola higher, marked by rapidly-increasing highs and an eventual blow-off top, which saw BTC correct 60% within weeks after the peak. Though, the cryptocurrency also trades parabolically to the downside. A prominent analyst recently touched on this, warning that the “downside parabolic structure” Bitcoin is currently forming suggests a stronger crash is nearing. Bitcoin Could Crash Further, Predicts Bearish Parabolic Structure Jacob Canfield, a CNBC-featured trader, shared the below chart on Friday morning, showing that Bitcoin is trading in an “aggressive” parabolic structure to the downside, marked by fresh lows being made faster and faster as time progresses. Accentuating the bearish nature of this, he wrote: “This recent structure has a much more aggressive slope to it than the post-china pump bleed out, which means sellers are more aggressive.” Canfield’s

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A massive recovery in the Dow Jones late on Friday helped lift the index to just a 350-point loss. A huge spike in trading volumes suggests a short covering lifted the U.S. stock market of an uncertain weekend. Trump is believed to be weighing tax cuts as part of his coronavirus stimulus package, and Wall Street can’t rule out an emergency intervention from the Federal Reserve. The Dow Jones pared losses by 600 points at the close Friday, as U.S. equity markets rebounded from intraday lows. News broke late in the session of a coronavirus stimulus package from the White House, including tax cuts, alongside possible plans to ramp up pressure on the Federal Reserve to cut interest rates. Further intervention from the central bank over the weekend also can’t be ruled out. Despite the partial recovery, markets remain under pressure amid fears that coronavirus will significantly impact global economic activity. Advertisement Dow Jones Pares Losses As Shorts Bail Ahead Of Weekend

On February 27, a group of developers behind the Bitcoin Cash Node implementation released the first version of the project’s codebase. The new client is essentially a drop-in replacement for Bitcoin ABC 0.21.0, as the code aims to disable the Infrastructure Funding Proposal (IFP). Also Read: BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC Bitcoin Cash Node Unveils Code and Rebrands The Bitcoin Cash (BCH) community was introduced to the open source codebase for a new full node project called the Bitcoin Cash Node on Thursday. The node has rebranded from Bitcoin ABC and developers launched a new website as well. News.Bitcoin.com first reported on the project after it was initially announced, as the full node has various well known BCH developers working on the client. “This is the first release of Bitcoin Cash Node as a drop-in replacement for Bitcoin ABC 0.21.0. It is based on Bitcoin ABC 0.21.0, with minimal changes necessary to disable the Infrastr

Bitcoin and the crypto market haven’t been the only assets falling over the past week or two. This week marked one of the stock markets and commodity market’s worst performances in history, with the S&P 500 and Dow Jones falling by around 12% from their all-time highs established just earlier this month. It was so bad that Thursday marked the Dow Jones’ worst performance in history, when it shed over 1,000 points in a single trading session. JUST IN: Over $6 trillion has been wiped off global stock-markets in the worst week since the Global Financial Crisis — The Spectator Index (@spectatorindex) February 28, 2020 The Federal Reserve, the United States’ central bank, has obviously been pushed to react to the potentially flagging economy. And analysts say that the potential response from the monetary authority will be astronomically bullish for Bitcoin and other crypto-assets moving forward. Federal Reserve Implies Rate Cuts, Adding to Bitcoin & Crypto’s Bull Case Over the past

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Stupid question I have already asked but I am still a total newbie here and would like your updated opinion on that : bitcoin is supposed to be an hedge to inflation and was kind of build for that. But it looks like we may head to deflation instead, at least for some weeks / months. So how is bitcoin supposed to react to a deflationary environment ? I would say it would drop hard like any other asset but I don’t know well bitcoin and would love to see if I miss something as everyone seems to be confident that bitcoin is the solution for problems ahead. I will probably get insulted but isn’t cash the best answer to deflation (just asking, not saying !) ? I am quite surprised not to find lectures/topics about bitcoin in a deflationary environment, please tell me if there is. Thanks submitted by /u/Mlkito [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2T6DB6V

“Not getting off early babe, another long day,” I said. “What do you want to do tonight then?” Says she. “You know what? ...HODL. That’s what I want to do tonight babe. Just ....HODL.” submitted by /u/KolyaScamp [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2TtYEiG

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After Bitcoin’s crash early this week, the cryptocurrency has found itself trying to establish a base for the next move. While there are many analysts professing that BTC is “showing weakness” at current, a prominent trader recently gave an in-depth explanation as to why he is buying the asset around the $8,500 to $8,600 level, where it was trading just hours ago per data from TradingView. Related Reading: Why Bitcoin Holding This Crucial Level Will Set Stage for “Parabolic Advance” The Case for a Bullish Bitcoin Reversal From $8,500 LightCrypto, a prominent cryptocurrency market commentator, on Friday explained why he is a “buyer of BTC at the $8,500-$8,600 level, near 20% off the recent local high” of $10,500. In a Twitter thread outlining his stance on Bitcoin, he remarked that the asset has held up surprisingly well as gold has fallen off the face of the Earth, relatively speaking, plunging under $1,600 after nearing $1,700. Gold falling, “a further sign of an emotional and capitul

Turbulence was really bad so I FOMO'd for my loved ones. Turbulence settled. Drinking some jack now. To the moon! submitted by /u/irir8 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2PzwHFj

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Having announced a number of interesting displays recently, MSI this week unveiled a yet another monitor featuring a rare combination of capabilities. The Optix MAG272CRX is a 27-inch curved monitor that has a maximum refresh rate of 240 Hz and only one direct rival on the market. The launch of the LCD corresponds with MSI’s general strategy to release monitors in less common configurations/markets to avoid the race to the bottom of highly commoditized markets. The MSI Optix MAG272CRX display is designed for gamers and eSports professionals looking for high-end performance. To that end, the LCD relies on an 8-bit+FRC VA panel featuring a rather aggressive 1500R curvature, a 1920×1080 resolution, 300 nits maximum brightness, a 3000:1 contrast ratio, 178°/178° viewing angles, a 1 ms response time, and a 240 Hz maximum refresh rate. The monitor can display 16.7 million colors and reproduce 89% of the DCI-P3 and 113% of the sRGB color spaces, which is something one expects from a fast VA

Brave browser users can now instantly access archived content of “missing” web pages via automated Wayback Machine lookup. Brave , a major privacy-oriented rival of popular browsers like Google Chrome and Firefox , now automatically redirects users to check out archived versions of pages that were removed from the web. Starting from Feb. 25, Brave browser users can instantly access archived content of “missing” pages on the Internet via Wayback Machine integration on the Brave desktop browser. In order to unlock the new feature, Brave has partnered with popular nonprofit digital library The Internet Archive, or Archive.org . The new feature debuted on Brave browser version 1.4 and is only available on desktop for now. Archive.org revealed the development in a Feb. 25 blog post. A portal to the Internet’s history Founded in 1996 with the purpose of offering permanent access to historical digital data, the Internet Archive has archived over 900 billion URLs alongside 400 billio

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It’s no secret that the past couple of weeks have been quite negative for Bitcoin and the aggregated crypto market, with many major altcoins incurring intense downtrends that have erased a significant amount of gains incurred throughout the first couple of months in 2020. Most major cryptocurrencies, however, are now nearing critical support levels that could catalyze an intense relief rally. These levels also seem to coincide with a massive pennant that that total crypto market cap has been caught within, leading one analyst to note that the market could be preparing for “something huge.” Bitcoin and Crypto Market Near Key Support Levels That Could Spark Relief Rally  At the time of writing, Bitcoin is trading down marginally at its current price of $8,730, which marks a notable climb from daily lows of $8,400 that were set when bears attempted to catalyze an intense selloff overnight. Bulls were able to step up and absorb the majority of this selling pressure, subsequently allowing B

I work at Czech Republic in caffebar where they accept BTC. Yeasterday one man bought 2 coffes with some cake (doesnt matter) and he paid with his HAND. First I thought its a joke, but fuck , he had a BTC wallet implant in his hand, damn he blowed my mind away. Future as fuck ​ submitted by /u/skynetwardog [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2whgwp2

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I will admit, I’m monitoring the news closely, and if I see bail-ins happen, and I can’t get to the bank in time to withdraw cash, I would be virtually forced to liquidate my bank account into bitcoin. And I think many others would follow suit. I can get BTC into coinbase and onto a wallet in less than a minute. What are y’all’s thoughts on bail-ins, in general? Inevitable? Unthinkable? submitted by /u/Meta_Modeller [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3afcX1m

The big picture: There have been quite a few cancellations affecting the tech and gaming world as of late due to the spread of the coronavirus (COVID-19). Sony, Facebook, EA, Kojima Productions, and Unity have all announced they are skipping the Game Developers Conference (GDC) due to coronavirus concerns. Microsoft and Epic are the latest to skip GDC amid the virus fears. With so many companies pulling out, this could cause GDC to be cancelled as well. “After a close review of guidance by global health authorities and out of an abundance of caution, we’ve made the difficult decision to withdraw from participating at Game Developers Conference 2020 in San Francisco,” Microsoft wrote in their Game Stack blog. “The health and safety of players, developers, employees, and our partners around the world is our top priority. Especially as the world is experiencing growing public health risks associated with coronavirus (COVID-19).” In lieu of physically attending the event, Microsoft wi

Major U.S. crypto exchange #Coinbase was one of hundreds of companies discovered to be testing #Clearview facial recognition technology. Coinbase, the U.S. cryptocurrency exchange boasting over 20 million views per month and over 30 million total accounts, has tested Clearview AI facial recognition technology according to a BuzzFeed News report. However, Coinbase has denied that the test involved customer data. The controversial software has been the subject of intense scrutiny since a New York Times article exposed the company’s database of over three billion images, scraped from “millions” of websites and social media platforms without the consent of the users or publishers. Clearview AI has been threatened with legal action by some of those companies and platforms, including Facebook, Google, and Twitter. Although Clearview’s CEO, Hoan Ton-That, had previously claimed that the software was only deployed with law enforcement agencies — and that its business was focused exclusiv

Kaspersky unveiled a prototype of a new machine which allows voters to check that their votes have been recorded. Blockchain voting is gaining more traction in the United States despite the abysmal failure of mobile voting at the Iowa Democratic Caucus earlier this month. Companies on the forefront of blockchain technology realize the potential of the products they are developing to not only transform the global economy, but also the way voters cast their ballots. This week, Kaspersky Lab, a cybersecurity firm monitoring the cryptocurrency industry and emerging digital assets, did just that. The company unveiled a new type of a blockchain-based voting machine using Polys , the system released back in November 2017 designed to be an effective and secure way to vote online. Voting trying to keep up with technological innovations Though Kaspersky is headquartered in Moscow, the company has offices in the United States and around the world. Following the reports of Russian interfer

Bitcoin is currently recovering from the $8,512 weekly low against the US Dollar. However, BTC price is still facing many key hurdles near $9,000 and it could resume its decline. Bitcoin is showing signs of a short term upside correction from $8,512 against the US Dollar. The bears are still in control unless there is a clear break above $9,000 and $9,200. There is likely a bearish flag forming with support near $8,735 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline below the $8,735 and $8,600 levels in the near term. Bitcoin Is Facing Key Hurdles This week, we saw a strong downward move in bitcoin below $9,000 and $8,800 against the US Dollar. BTC price even traded below the $8,680 support level and settled well below the 100 hourly simple moving average. A new weekly low is formed near $8,512 and the price is currently correcting losses. It surpassed the $8,700 resistance level, and the 23.6% Fib retracement level of the downward mov

India is #2 most populated country in the world and Bitcoin has already faced a hard time staying in people's radar here. We are a team of 27 Tech-savvy individuals who are planning several seminars on Bitcoin & Blockchain technology across the Engineering & Technology Colleges in India. The seminars will be held starting March 25, 2020. Link: http://tallyco.in/s/3znvi2 The colleges covered are: IIT, Bombay IIT, Delhi Birla Institute of Technology & Science (BITS) Pilani NIT, Karnataka Manipal Institue of Technology Symbiosis Institute Of Technology NITTE Meenakshi Institute Of Technology Francis Xavier Engineering College CMR College of Engineering & Technology BRACT'S Vishwakarma Institute of Information Technology Tula's Institute Engineering & Management College We have obtained permissions from all the above colleges & they're willing to let us teach all the students about the Technology behind Bitcoin, Blockchain, it's

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Ripple started an upside correction from the $0.2220 support area against the US Dollar. XRP price is now testing $0.2450 and it must surpass $0.2500 for a fresh rally to $0.3000. Ripple price is currently recovering above the $0.2320 and $0.2400 levels against the US dollar. The price is now facing a couple of key resistances near $0.2450 and $0.2500. There is a major bearish trend line forming with resistance near $0.2430 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either start a massive rally towards $0.3000 or fail near $0.2500 for a fresh decline. Ripple Price Facing Key Resistance Yesterday, we saw a strong decline in ripple below the $0.2350 support area and the 100 hourly simple moving average. XRP price even traded below the $0.2250 support level and formed a new weekly low at $0.2229. It is currently correcting higher above the $0.2300 and $0.2350 resistance levels. The price also climbed above the 23.6% Fib retracement level of the down

Is bitcoin recession proof? submitted by /u/huntervines [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2TkvdQk

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Ethereum started a strong recovery from the $208 swing low against the US Dollar. However, ETH price is likely to fail near $240 and it could resume its decline. Ethereum is up more than 8% and it climbed above the $230 level against the US Dollar. The price is still facing a lot of key hurdles near the $240 and $242 levels. Yesterday’s major bearish trend line is intact with resistance near $240 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is also recovering, but there are many hurdles near the $9,000 level. Upsides Remain Capped in Ethereum In the past three days, we saw a strong decline in Ethereum below the $250 and $240 levels against the US Dollar. ETH price even dived below the $220 support and traded close to the $205 support. A new weekly low is formed near $208 and the price is currently correcting higher. It recovered above the $220 level, plus the 23.6% Fib retracement level of the downward move from the $278 high to $208 swing low. Ethereum is curre

Want email newsletter? Third party services may advertise Spread bets and CFDs on Cryptovest, which are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when spread betting or trading CFDs. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money. from E-Crypto News https://ift.tt/32G0RvS

"Sherman said Bitcoin had no real use other than to fund illicit activities and warned about the risks cryptocurrencies pose to the political and financial stability in the U.S." ​ Is this guy serious? submitted by /u/kensav [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2HYWC4S

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Honestly my social life is pretty much non existent and I feel like I'd be very bored without bitcoin. I've spent so much time reading stuff and watching videos of bitcoin and it always kept me entertained and interested. It's something to look forward to in the future as adoption increases. Without it, I think I'd find life sort of mediocre and a bit pointless (not depressed). submitted by /u/Zaidinator7 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2TnDT8w

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Temtem’s roadmap includes a battle pass for monetization. Some players are angry at its inclusion since Temtem is a buy-to-play game. The battle pass is the fairest form of in-game monetization out there. The new Pokemon-like MMO, Temtem, recently announced its development roadmap. Developer Crema will add creatures, cross-play, and a new island, among other things. It will also introduce a divisive battle pass by 2021. Seen in games like Fortnite or Apex Legends, a battle pass provides players with a list of unlockable cosmetics in exchange for a small fee – usually $10 to $15 every few months. Most battle pass games are free-to-play and exist in multiple forms of monetization. It’s rare (though not unheard of) to see one included in retail, buy-to-play titles. Advertisement Temtem’s inclusion has some fans angry. However, it’s the best way for this game to survive. One player accuses Temtem devs of deleting negative posts surrounding the battle pass. | Source: Twitter

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Following the incredibly bearish selloff witnessed by Bitcoin and the aggregated crypto market yesterday, buyers have stepped up and supported the markets, allowing BTC and most other altcoins to put some distance between their recent lows. The market’s ability to establish some strong support above its recent lows seems to suggest that the ongoing selloff may ultimately prove to be fleeting, as BTC is now inching back up to the $9,000 region. In spite of this, an interesting phenomenon that is currently occurring on Bitcoin’s 6-hour candle’s volume seems to suggest that bears are still in firm control. Bitcoin Inches Higher, But Technical Pattern Suggests Further Downside is Imminent  At the time of writing, Bitcoin is trading up just under 2% at its current price of $8,850, which marks a notable climb from recent lows of $8,500 that were set at the bottom of yesterday’s intense selloff. This ongoing downtrend was first sparked this past Sunday when Bitcoin faced a strong rejection at

The blockchain industry grows every year, but is the industry ready to accept new players and how could it possibly change the space? Who knows what’s responsible for the current bull run? It could be the upcoming halving , it could be the Chicago Mercantile Exchange’s debut of institutional-grade crypto-backed options, or it could even be the coronavirus. Whatever the reasons, it seems safe to say that the crypto winter is well and truly behind us. If this trend continues, it will only be a matter of time before we begin to see a fresh wave of adopters, eager to capitalize on the growth of crypto as it blooms into a new season. It’s fair to say that the crypto scene has evolved significantly since the last big boom at the end of 2017. At that time, Binance was still in startup mode, there were far fewer ways to onramp from fiat, and liquidity was a significant challenge. These days, it’s a different story. Newcomers to cryptocurrencies have many more points of entry, and the influ