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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Hello everyone! So I'm doing a presentation about Cryptocurrency in conjunction to COVID19. During the lockdown which began at around march and still lasts till now Bitcoin crashed like many other stocks. For example Swiss (Airline Company) lost millions of dollars because nobody flew anymore. But what about Bitcoin? Bitcoin went from nearly 9k dollars at the beginning of march to 4.5k dollars mid of march. Why did actually Bitcoin lost its market value during the pandemic?
Covid-19 vaccine will spark Bitcoin ‘crash’ — Rich Dad Poor Dad author
This post was originally published on this siteThis post was originally published on this siteBitcoin (BTC) will “crash” when the world finds a coronavirus vaccine that works, popular author Robert Kiyosaki claims. In a tweet on Sep. 15, Kiyosaki, famous for his book, “Rich Dad Poor Dad,” warned that a functional solution to Covid-19 would send safe-haven assets plummeting. Kiyosaki: vaccine “crash” […]
Another Bitcoin crash in the making? Here's everything you need to know
A fractal formation hints at a potential March-style crash in bitcoin price soon. The similarities between the two are uncanny and if the same does take place, we might see bitcoin dip below $10,000 level easily. Although bitcoin has climbed higher in the last 24-48 hours, it isn’t quite bullish yet, at least not until […]
I won $1.2 million USD on a bitcoin crash gambling site. How do I legally get that money into a bank account?
I know it sounds very ridiculous, but bear with me. I was 17, recently turned 18 and I earned some bitcoins online from doing some grey activities such as selling Netflix accounts. I deposited around $200 on a crash gambling bitcoin site. I didn’t really give a shit and got really lucky. But I didn’t wanna stop, I just kept going. Unlike most gambling addicts I actually got lucky and got millions of dollars. My friends convinced me to stop gambling (lucky for me) and I’ve withdrawn the money to my bitcoin wallet. Not gonna share any info for privacy reasons, obviously. Anyways, I am wondering how I would get that money to my bank legally. Like I can’t imagine having to explain them that I won $1.2 million USD gambling online (which is completely legal where I live, just seems very dodgy). I was also thinking about just keeping my money in bitcoin and slowly withdrawing the money to my bank to avoid any taxes if there are any, I’m not quite sure. I really need some advice here because I’m kinda lost. I would probably be under federal investigation if I ever went to a bank and tried to explain them what happened and that wouldn’t be great for me because before my big gambling win I did do some grey activities online that aren’t entirely legal as mentioned before. EDIT: I currently live in California
The crash has left professional investors and enthusiasts debating where cryptocurrencies go from here. ... bitcoin prices plunged more than 20% in two days after Business Insider reported that ... Bitcoin price this past week collapsed from the 2020 high of over $12,400 to under $10,000. More than seven distinct drops to below $10,000 have been bought up already. During each plunge down, however, some of the weakest hands in the crypto market may have been shaken out, according to one uncommon metric. Bitcoin, after rallying to over $10,000 per bitcoin in the last few days, has suddenly crashed back. The bitcoin price lost more than 10% in a matter of minutes yesterday evening, dropping to lows ... In March 2020, however, the Blue Wave price floor got invalidated, primarily because of the COVID-induced global market crash. Bitcoin appears in a similar setup as of now. The cryptocurrency had topped yearly near $10,500 before plunging lower towards its 20-WMA. It now sits near the Green Wave, still posing risks of continuing its plunge more ... Bitcoin declined along with tech stocks An interesting thing to note about September’s Bitcoin crash is that it correlated strongly with a crash in tech stocks. So far in September, the tech ...
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