Points in Time
Bitcoin at $8,717.38 on Sep 24, 2019
In a filing published today, the U.S. Securities and Exchange Commission is requesting more time to make a decision on a pending Bitcoin exchange-traded fund (ETF) proposal first filed in...
Bitcoin at $9,961.65 on Sep 23, 2019
The much anticipated #Bakkt has finally been launched today. As many of us speculated, this would lead to a price drop on Bitcoin BTC caused by the typical buy the rumor sell the news. Long-term however, this should be bullish. www.coindesk.com/...xpect
Bakkt is finally launching Monday. Here’s what to expect from bitcoin’s first regulated, physically settled, institutionally focused futures market.
Bitcoin at $10,778.60 on Sep 6, 2019
Bitcoin price drops over $500 after Chair Jerome Powell from the Fed statement that "we don’t see digital currencies from central banks as something happening in the near term." twitter.com/...03008
Highlight: “We are following the whole question of digital currencies,” says Fed Chair Jerome Powell. “It’s not something that we are actively considering. For us, it raises significant issues that we would want to see resolved.”https://t.co/xpAujlCWBdpic.twitter.com/n5M5XDU5AZ— Yahoo Finance (@YahooFinance) September 6, 2019
Bitcoin at $10,447.20 on Sep 3, 2019
The race to launch a Bitcoin #ETF is getting really close... Despite being postponed by the #SEC, #VanEck and #SolidX plan to launch a limited version of an ETF this week. OK Ok! Not quite an ETF but still bullish. Right? www.coindesk.com/...eport
VanEck and SolidX aim to launch a limited bitcoin ETF for institutions in the U.S. later this week, but retail investors will be locked out.
Bitcoin at $10,447.20 on Sep 3, 2019
The crypto adoption wave is seemingly unstoppable. Several corporations including #Microsoft do accept #BTC. The latest to join the bandwagon is #PwC, one of the Big Four accounting firms (along with KPMG, Ernst & Young, and Deloitte. #BuyBitcoin: www.forexcrunch.com/...ents/
PricewaterhouseCoopers (PwC) who are one of the worlds biggest auditors have confirmed they will be accepting Bitcoin payments from their customers. The
Bitcoin at $10,401.50 on Aug 16, 2019
After delay and delay and delay... Finally, Bakkt get the approval from the New York State Department of Financial Services to launch the worlds first physically delivered Bitcoin futures! www.coindesk.com/...month
Bakkt says it will launch Sept. 23 after receiving a trust charter through the New York State Department of Financial Services.
Bitcoin at $11,841.80 on Aug 9, 2019
Billionaires are now talking about Bitcoin every day... Mark Cuban said this: “They’re both collectibles. The value is based off supply and demand. And the good news about Bitcoin is there’s a finite supply that’ll ever be created.” #MarkCuban #Gold cointelegraph.com/...thing
American billionaire Mark Cuban says Bitcoin and gold are fundamentally the same thing, and that gold is a terrible investment.
Bitcoin at $10,401.50 on Jul 22, 2019
Whether or not #Bitcoin#BTC is a store of value or a medium of exchange depends, first on whether the community is doing enough to educate the end user. While #LightningNetwork can scale #Bitcoin, retail owners views the coin as a speculative asset, afraid to spend it as #MoE because of its high volatility and Commodity properties. All the same, Square as a point: twitter.com/...68098
Companies whose futures depend on the success of bitcoin should create roles that deal exclusively with making the case for mass adoption to the general public. We go mainstream when bitcoin stops being a community and starts being a necessity. 🌚— Square Crypto (@sqcrypto) July 22, 2019
Bitcoin at $10,587.30 on Jul 20, 2019
#Bitcoin, even after deliberate and sometimes ignorant attacks, will survive. It overcame #China banning cryptocurrency exchanges, it shall outlive #India and well, the world now knows there is an alternative to the "mighty" #USD backed by nothing but "Thin air". At $10.5k, #BTC is fundamentally under-priced, available at a discount.
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That's all we got for #Bitcoin
Overview of Bitcoin
Bitcoin is the first decentralized cryptocurrency introduced in 3 January 2009 by an unknown entity naming himself Satoshi Nakamoto. The idea and purpose of Bitcoin is to make decentralized and pseudo-anonymous transactions. It uses proof-of-work system to create new coins. It has a block creation time of 10 minutes in average and block size of 1MB. As of 2009 (creation of bitcoin), each block gave you 50 btc to the miner of that block, that value being halved every 4 years (giving today 12.5 per block). Smallest unit is called one satoshi which is 0.00000001 bitcoin or one hundred millionth of a bitcoin. Bitcoin also has transaction fees which, miners get verifying transactions. The technology used in bitcoin is very limited on creation of smart contracts. Bitcoin can handle up to 3.3 – 7 transactions per second.