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Bitcoin: Does it have a future ?
Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Alibaba, Tencent, Five Others To Receive First Chinese Government Cryptocurrency Source: ForbesFirst they ignore you, then they laugh at you, then they fight you, then you win- Mahatma GandhiQuote: China’s central bank will launch a state-backed cryptocurrency and issue it to seven institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.
At the time of launch, the recipient institutions will then be responsible for dispersing the cryptocurrency to 1.3 billion Chinese citizens and others doing business in the renminbi, China’s fiat currency.
What sets China’s DC/EP apart from libra and Carney’s “synthetic hegemonic currency” (SHC), according to Shulte, is that while libra is little more than early-stage computer code and the SHC doesn’t appear to have gone much further than Carney’s mind, the Chinese cryptocurrency is ready to launch. “China is barreling forward on reforms and rolling out the cryptocurrency,” says Schulte, who now runs an eponymous bank research firm. “It will be the first central bank to do so.”
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Rank: New-farer Joined: 5/22/2019 Posts: 12
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Bitcoin is one of the best currency which can offer the best options for the earning money in good way.I have checked some of the best Bitcoin options for the trading and it will help the earning the money in good way.I have checked some of the best trading platform for the earning profit.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Power of bitcoinQuote: According to data provided by Whale Alerts, a mammoth-sized transaction worth of 94,504 BTC ($1.018 billion at press time) has been recorded on the Bitcoin Blockchain. This is certainly one of the biggest transfers in the history of crypto
Bitcoin critics often trash the top coin because of its expensive transactions. However, the anonymous user had to fork out only $700 in fees to send his $1 billion cryptocurrency fortune.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Bitcoin should rise in wave [c] of E to complete wave (B). Targets for end of the triangle wave E is about $11,300s. Thereafter expect Bitcoin to fall sharply below $9,000s. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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rwitre wrote:Power of bitcoinQuote: According to data provided by Whale Alerts, a mammoth-sized transaction worth of 94,504 BTC ($1.018 billion at press time) has been recorded on the Bitcoin Blockchain. This is certainly one of the biggest transfers in the history of crypto
Bitcoin critics often trash the top coin because of its expensive transactions. However, the anonymous user had to fork out only $700 in fees to send his $1 billion cryptocurrency fortune.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mnandii wrote:Bitcoin should rise in wave [c] of E to complete wave (B). Targets for end of the triangle wave E is about $11,300s. Thereafter expect Bitcoin to fall sharply below $9,000s. How low do you anticipate it will get? I'm looking to time it thereabouts, might be the last chance from the 3k lows of early this year
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:Bitcoin has now begun monthly/weekly price correction according to charts... IMHO it may go lower to $ 7800 ...
Prophecy fulfilled. Accurate prophecies. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Safaricom market capitalisation is c. 12.6% of GDP, while Kenya’s bitcoin holdings are just 1.9% of GDP.
The amount of 1,000 notes demonetised in Kenya was Sh. 217.6 billion. Kenya’s bitcoin holdings of c. Sh. 169.4 billion is surprisingly 77.8% of that!
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mnandii wrote:Bitcoin appears to have completed wave E (triangle) of (B) at $11,007. I therefore expect bitcoin to head below towards targets indicated by the pink lines. A move below $9000 will confirm this scenario while a rise above $10950 will negate it. The targets if the scenario is confirmed are: $8348, $6730, $4109.One of them should act as support from which Bitcoin should explode to $19000 and beyond in the near future. Which seems to be the more likely scenario?
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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United Nations Agency Launches Bitcoin, Ethereum Crypto Fund Source: FORBESQuote: The fund represents the first time any UN agency, much less one that generated $6.7 billion revenue last year, will be able to accept bitcoin and ethereum donations.
The prototype launched today with a donation of 1 bitcoin and 10,000 ether from the Switzerland-based Ethereum Foundation has already signed agreements with agencies from four nations, UNICEF USA, UNICEF France, UNICEF Australia, and UNICEF New Zealand to start accepting cryptocurrency donations immediately.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Mukiri wrote:mnandii wrote:Bitcoin appears to have completed wave E (triangle) of (B) at $11,007. I therefore expect bitcoin to head below towards targets indicated by the pink lines. A move below $9000 will confirm this scenario while a rise above $10950 will negate it. The targets if the scenario is confirmed are: $8348, $6730, $4109.One of them should act as support from which Bitcoin should explode to $19000 and beyond in the near future. Which seems to be the more likely scenario? Jesus Christ! 42% in a few minutes!! Have the bulls come calling?
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Mukiri wrote:Mukiri wrote:mnandii wrote:Bitcoin appears to have completed wave E (triangle) of (B) at $11,007. I therefore expect bitcoin to head below towards targets indicated by the pink lines. A move below $9000 will confirm this scenario while a rise above $10950 will negate it. The targets if the scenario is confirmed are: $8348, $6730, $4109.One of them should act as support from which Bitcoin should explode to $19000 and beyond in the near future. Which seems to be the more likely scenario? Jesus Christ! 42% in a few minutes!! Have the bulls come calling? Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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GET READY! BITCOIN is going to the moon. BUY and HOLD. Stop Loss $7276.83. Targets beyond the previous high of $19,000. Don't miss the bus. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:GET READY! BITCOIN is going to the moon. BUY and HOLD. Stop Loss $7276.83. Targets beyond the previous high of $19,000. Don't miss the bus. Stay focused on this scenario. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Short Term I expect bitcoin to rise in wave B at about $10,000. Afterwards a drop to below $8900,the wave A low, to complete wave C of (2). From thence it will be a very strong persistent rise to levels beyond the previous high of $19,000. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Next in Google’s Quest for Consumer Dominance—BankingGoogle will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance.
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Rank: New-farer Joined: 9/8/2018 Posts: 24
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Rank: Member Joined: 12/1/2007 Posts: 537 Location: Nakuru
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[quote=JoeNgugi]Seems the chicken have come home to roost! https://www.standardmedi...heist-that-led-to-tears[/quote] To think that people actually took this Nurucoin thing seriously!!! For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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How come i didn't hear of this con game before? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Bitcoin: Does it have a future ?
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