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Bitcoin (BTC)’s Worst Case Scenario: What Is Smart Money Up To?

Monthly Chart for BTC/USD The popular sentiment right now is that Bitcoin (BTC) is going down. Nobody can say for sure how low it is going to fall but most people are convinced that this is certainly not the end of this correction. As the chart above shows, Bitcoin (BTC) completed a correction of 86.54% between Nov 2013 and Sep 2015. A significant majority is of the view that this scenario is likely to unfold this time. If this were to happen, Bitcoin (BTC) would have to complete a correction of 86.54% in a period of 669 days which comes...

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It Seems That Bitcoin Mining Is Starting To Really Offend Some People

Mining Bitcoin is a process that is loud, hot, expensive and also very noisy. As a result, mining efforts on a large scale tend to be focused out of town, in rural settings in factories that have an exclusive energy supply, in areas that are naturally very cold. This is the perfect setting for a mining farm, even so though, it seems that mining in remote locations isn’t enough for some people. According to reports out today, one farm in Norway has been the victim of bomb threats from one very disgruntled local, as a result of the noise generated...

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Ignore Today’s Bitcoin Market, The Best Is Yet To Come

It’s hard to view the markets with any optimism at the moment. Hardly surprising after months of constant declines, either way, we can’t let pessimism get the better of us. The markets will recover from this, it’s just a matter of time. Please note that this isn’t investment advice, this is just an optimistic outlook designed to help us see things in a brighter light, therefore don’t base investment decisions on this, rather use it to inform your wider and more extensive research. What we have seen through 2018 is heavy correction as a result of the huge growth seen...

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Has PayPal Failed At What Bitcoin Has Achieved?

According to reports out this week, PayPal is under criticism for its alleged failure in actually having an impact in the transformation of money usage worldwide. It seems that on the flipside, what PayPal aimed to achieve, Bitcoin thus far as done better, without really trying. The criticism comes through recent events in Turkey that has led to the crash of the Turkish Lira (Turkey’s FIAT currency). Because of this crash and because of financial uncertainty, PayPal have been forced to block access to the service from customers in Turkey to prevent the circulation of the failing currency. Many people...

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Is It Harder To Get Through Customs If You’re Wearing A Bitcoin T Shirt?

Getting through customs and past security can be a stressful situation for many of us, but have you considered how wearing Bitcoin clothing, or having Bitcoin merchandise on display might make you stand out as suspect to security forces? It’s wrong, but according to an article in Bitcoin.com, this is what has been happening. Bitcoin fanatics are being targeted by security personnel, no doubt as a result of the stigma that links cryptocurrency and the dark web. Are people who wear Bitcoin t shirts trying to smuggle boat loads of drugs past security forces? Probably not, but it seems, that’s...

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