Bitcoin's price battle in the 6 to 7k range continues to rage. As you can see in the chart above, the past month has seen BTC navigate a narrow channel between $6,200 and $6,800. Sharp moves in either direction have lacked the momentum required to break out of this zone and push the price into a sustained trend up or down.
While bulls and bears plead their case, a strong hand and a firm belief in the long term future of Bitcoin are required to hold your position in the number one cryptocurrency. Trading and banking on significant price movements in either direction in the short term is a high risk strategy, fraught with danger.
There will only ever be 21 million Bitcoin. History is on the side of an eventual return to the previous high and beyond. Will you still be holding your BTC when that day arrives?
Bitcoin Rhodium (BTR). Have you heard of it? Possibly not, and it's no wonder. We've already had Bitcoin Cash, Gold, Diamond, Private, Atom, Top, Hot and even Pizza for crying out loud! The number of forks and sporks has truly reached the absurd stage, so why on earth would anyone care about, let alone remember Bitcoin Rhodium?
While at first glance this seems to be a fair enough reaction, a closer inspection of Bitcoin Rhodium reveals that it has some special properties that set it apart from the list of Bitcoin 'Whatevers' mentioned above. To start with, it not a fork of the Bitcoin blockchain, nor is it a spork of Bitcoin and another altcoin. Instead, Bitcoin Rhodium is an airdrop, awarded only to those who signed up to claim it, and not to all Bitcoin holders. In addition to that, the developers have built a brand new blockchain. This gives BTR a uniqueness advantage over the forks.
Next, and this is the killer app in my opinion, the supply of Bitcoin Rhodium is capped at two point one million (2,100,000). This is opposed to the circa twenty one million coins made available by the vast majority of Bitcoin forks, and the whopping two hundred and ten million units of Bitcoin Diamond. This gives BTR a scarcity advantage over the forks.
Furthermore, the team members, including the developers behind Bitcoin Rhodium, have chosen to remain anonymous. In all communication on their Discord channel and social media sites, they have opted to use pseudonyms. Doing so removes the single point of weakness factor, created when there is a central, known figure behind a cryptocurrency. This gives BTR a security advantage over the forks.
Add to this, enhanced privacy via two anonymization levels and a partnership with the rhodium precious metal market, and you've got a powerful new crypto asset.
Bitcoin Rhodium is set to launch shortly after the final claim period, which ends on September 29, 2018. Finally, the secret will be out and Bitcoin Rhodium will take the crypto world by storm!
You can find out more information at the official BTR website, BitcoinRh.org and follow them on Twitter @BitCoinRh.
Brian aka The UK Bitcoin Master, recently presented an episode of his 'Bitcoin for Beginners' show, decked out in an ultra cool Bitcoin Rhodium t-shirt. Want one? Get it here along with heaps of other sweet BTR merch.
During the show, Brian pulled no punches, as he implored viewers to have a strong hand and hold on to their Bitcoin while the price is down. He also emphasized the importance of understanding the Bitcoin halvings and storing your Bitcoin using a hardware device.
You can watch this episode in full below and subscribe to The UK Bitcoin Master's YouTube channel here. Enjoy!
Adam Meister, the Bitcoin Meister, the Disrupt Meister was rocking a Bitcoin Rhodium t-shirt on today's episode of his 'Beyond Bitcoin' show. He discussed the BTR airdrop and Andy Hoffman's most recent Bitcoin Rhodium article, What Will BRhodium Trade At - Part IV. Adam also posed the question,"Why doesn't Andy have one of these shirts?" Well, it looks like he opted for a Bitcoin Rhodium clock instead.
Whether you're after a Bitcoin Rhodium t-shirt like Adam, a clock like Andy, or all manner of other BTR merchandise, you can get them from the Bitcoin Rhodium Merchandise Store.
The 'Beyond Bitcoin' show is broadcast live every Saturday. Topics covered include Adam's take on healthy living, eating, exercise, sleep, relationships, travel, lifestyle and freedom.
On Fridays, Adam assembles a small group of guests from around the world to discuss the week's BTC happenings on 'This Week in Bitcoin'. Every other day, Adam delivers a new episode of his '1 Bitcoin Show' to help you keep your finger on the Bitcoin pulse. Subscribe to his Bitcoin Meister channel here and keep up to date with all of these shows.
For now, kick back, relax and enjoy today's episode of the 'Beyond Bitcoin' show.
Bitcoin to the Moon has just launched on the cryptocurrency social media platform Steemit.com under the username @bitcointothemoon.
Along with producing an additional revenue stream, this move aims to attract Steemit members to BitcoinToTheMoon.com and readers here to Steemit.
Check out the introductory post here: Bitcoin to the Moon Launches on Steemit. If you like what you read, please upvote and resteem, just like Adam Meister, the Bitcoin Meister already has. To get the latest content as it becomes available, be sure to follow too.
Bitcoin has finally broken to the upside, crossing the $7,000 mark after an extended battle in the mid-6,000s. This is welcome news in a market that has seen many people in the crypto space, down and discouraged about the BTC price, despite its fundamentals being stronger than ever.
Some traders say that this Bitcoin price spike is a 'dead cat bounce' or 'short squeeze' that will soon be followed by new yearly lows. While some hodlers predict an incoming all time high. I say that short term price movements don't matter, unless you absolutely have to sell due to immediate financial stress or having invested more than you can afford to lose.
Otherwise hold. The 2020 Bitcoin halving, when the block reward will reduce from 12.5 to 6.25 BTC per block, is less than two years away. Remember what happened to the price leading up to the last halving and in the year that followed? I'll give you a hint... Bitcoin to the Moon!
With altcoins getting crushed, Bitcoin dominance back above 50% and the price of a single BTC possibly within reach, this is an opportune time to 'just learn Bitcoin'. To assist you in this quest is the newly launched and aptly named website, JustLearnBitcoin.com, which aims to teach strategies for building wealth over time via Bitcoin.
The site is the brainchild of Daniel, better known by many in the Bitcoin and cryptocurrency communities as 'The 21 Million Club'. His expertise as someone who can safely split Bitcoin forked coins, such as, Bitcoin Gold, Bitcoin Private and Bitcoin Diamond, is widely recognized in the crypto industry.
Visit 'Just Learn Bitcoin' today and discover what Bitcoin is, why it's important, why you should own it and where you can buy it. You can also avail yourself to Bitcoin consulting services, including retrieval of coins sent to the wrong network, wallet setup and backup and forked coin splitting. There is even a technical analysis trading course that you can enroll in.
To keep up to date with the latest news and developments relating to the site, follow @JustLearnBTC on Twitter.
Get your Bitcoin Rhodium on, with some cool BTR merchandise. You'll find t-shirts, mugs, stickers, phone skins, bags, posters, notebooks and much, much more. Items are available in a wide variety of styles, sizes and colors.
Developed by BitcoinToTheMoon.com, the Bitcoin Rhodium: Scarce on Earth, Bound for the Moon range of merch is hot off the press, just in time for the fast approaching launch of the coin.
Take a look at some samples below and get yours here: Bitcoin Rhodium Merchandise Store.
To say that popular Bitcoin and cryptocurrency commentator, Andy Hoffman, is a Bitcoin Rhodium (BTR) bull, is a serious understatement. Since first learning of the project while in its mere infancy, via Adam Meister's YouTube channel, Andy has been the most prominent promoter of BTR.
He has explained the uniqueness, benefits and potential of Bitcoin Rhodium, or BRhodium as he likes to call it, to anyone who will listen. In doing so, Andy has come under fire, particularly of late, from some Bitcoin maximalists who are not happy that he is speaking positively about something other than Bitcoin (BTC). This came to a head recently when World Crypto Network (WCN) founder, Thomas Hunt, interviewed Andy about BTR. Thomas did so due to criticism directed at him about a perceived conflict between Andy's role as a WCN presenter and a promoter of BTR.
So why is Andy Hoffman bullish about Bitcoin Rhodium? Well, fortunately for us, he has been prolific in his writing about the project from early January 2018 to the present day. Below is a list of 30+ Bitcoin Rhodium related articles, produced by Andy over that time. They read like a diary of his views on BTR, and demonstrate a consistent and unwavering belief that this new digital asset will be a force to be reckoned with in the short term, and an elite store of value coin in the future.
With this plethora of information at your fingertips, there's no need to take my word or anyone else's, regarding what Andy believes about Bitcoin Rhodium and why. Now you can hear it from the man himself, in as much or as little detail as you like. More importantly, you can decide for yourself whether Bitcoin Rhodium is something that fits with your cryptocurrency investment strategy.
Oh, and for those who would like to see the discussion of Bitcoin Rhodium between Andy Hoffman and Thomas Hunt, you can do so below the article list.
10/05 The BRhodium Home Stretch - The Waiting Will Be Well Worth It!
9/23 Final Claim Period Signifies Imminent BRhodium Launch!
9/15 BRhodium Launch Just Weeks Away
9/08 What Will BRhodium Trade At - Part IV
8/06 MORE Great BRhodium News, As It Surges Toward Launch!
8/05 BRhodium Advances to "Release Candidate" Stage, Portending Imminent Launch
7/18 WCN Interview re: BRhodium
7/17 My Big BRhodium Interviews Tomorrow!
7/09 What Will BRhodium Trade At? - Part III
6/29 Can BRhodium Turn the Tide for Altcoins?
6/25 Major BRhodium Announcements – As Launch Inevitability Inches Toward Imminence
5/09 BRhodium – Part of Its Value is NOT Being a Bitcoin Fork!
5/05 Mining Community Rallying Behind BRhodium!
4/30 Beauty and the Beasts - BRhodium Vs. BPrivate, BPrime, and BAnonymous
4/24 BRhodium – The First “Investment Grade Altcoin”
4/23 What Will BRhodium Trade At? Part II
4/21 BRhodium Doing Everything the Right Way…And Will Be Rewarded for It!
4/18 BRhodium – Bitcoin HODLers’ Ultimate Altcoin Diversification
4/17 Rhodium to Bitcoin’s Gold
4/09 BRhodium – The Berkshire Hathaway of Altcoins?
3/22 Cryptocurrencies Versus Securities
3/12 The Only Cryptocurrency That Will NEVER Have A Scaling Problem
3/05 BRHODIUM BLOCK EXPLORER ONLINE, FINAL CLAIM PROCESS ENGAGED – COUNTDOWN TO TRADING IN 10…9…8
2/28 BRhodium Vs. BPrivate – What Should Investors Consider?
2/25 BRhodium Re-Signing Feature Enabled, As Trading Launch Looms
1/28 Bitcoin HODLing…and BRhodium BRODLing
1/24 BRhodium – Bitcoin Maximalism, With A Twist
1/23 BRhodium Wallet Launch a Success – Establishing the Airdrop as the 1 Predominant Form of Bitcoin Cryptodividend, and Ending the Hard Fork
1/19 BRhodium’s “Natural Marketing Team” to Provide Bitcoin-Like Support
1/16 BRhodium – Scarcity Versus Abundance, During Times of Crisis
1/15 What Gives a Crypto-Currency MONETARY VALUE?
1/14 BRhodium – An “Elite Class of Bitcoin”
1/13 Bitcoin Crypto-Dividends Need to Discern Themselves – Or Die
1/12 BRhodium be the Second Highest-Priced Cryptocurrency?
1/11 BRhodium “Snapshot Day” – As Countdown to the January 18th Launch Officially Starts!
1/10 Seeking To Be the BEST Crypto-Dividend
1/08 What will BRhodium Trade at?
Bitcoin finally had a price breakthrough this week, after an extended battle around the $6,000 mark. The original cryptocurrency shrugged off the calls of some for even lower prices and stepped up more than a thousand dollars to a new line of resistance.
$7,500 is that line, where Bitcoin is currently moving horizontally, building strength for a further breakout to the upside. If successful and made with enough momentum, the next surge upwards could break the back of the bear market and see the bulls return. When they do, the countdown to blastoff will begin, and Bitcoin will launch to new all time highs and beyond ... to the moon!
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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