Forget his talk of a possible $1,300 BTC, Tone Vays has just been spotted with his Bitcoin Morning Brief friends, Jimmy Song and Leah Wald, taking Bitcoin to the Moon.
Thanks to Third Mind on Twitter for posting this very cool and humorous ET parody image and tagline. I'm sure it put a smile on the face of some Bitcoiners who have been feeling down due to the current price.
Hang in there people. There are bound to be more ups and downs along the journey, however, as the 'Tone crate' in the picture says, 'Destination: Moon'.
Just one question @TheThird_Mind ... where is Giacomo? :)
The Bitcoin price has been hit hard over the past 24 hours, falling below $7,000. Back in early February this year, Bitcoin also fell to this level, only to rise above $11,000 within two weeks. This time, however, the question is, will the same level of support bounce the price again or is there more downside to come? Popular Bitcoin trading expert, Tone Vays, today called a 20% chance of BTC falling all the way to $1,300. He has been speaking of this level for a long time, as a previous high that was never retested.
With significant drops in price, and fear, uncertainty and doubt in the market, strong hands are needed to avoid panic selling. During these times, I believe it's important to remember how Bitcoin has faired in downturns and crashes in the past. If history repeats itself, then those who can afford to hold are all good. Here's a recap ...
In 2011, the price peaked at $32 before crashing and entering an extended bear market that took it all the way down to $2. That's a correction of more than 90%. Next, in 2013, the Bitcoin price climbed from $13 to $1,100 before crashing and once again entering an extended bear market. This saw the price retrace to a low just above $200 — ouch!
Those who held their Bitcoin throughout these seemingly catastrophic crashes were richly rewarded. Panic selling, on the other hand, led many to regret their decisions.
Whatever happens in the next year or two, I think there will be a bull run leading up to the 2020 halving, followed by a post halving dip and then through the roof in 2021 — to the moon, even. This is based on what happened leading up to the 2016 halving and then into 2017. It's supply and demand. Of course, for whatever reason, it may play out differently. This is simply my best estimation.
A year ago the price was $1,000, in December it went to almost $20,000 and now it's $6,900. It's been one crazy ride that may well continue. A bull run to $100,000 followed by a crash to $20,000 certainly wouldn't surprise me at all. In the end, hold, hodl, don't sell unless you have to.
"Strong hand, long term thinking, delayed gratification, 2020 halving, gold and hold, be a twenty percenter, unconfiscatable, Bitcoin is the next Bitcoin, Pound that like button!"
Adam Meister, the Bitcoin Meister, the Disrupt Meister was 'on fire' on today's episode of The 1 Bitcoin Show ... and once again, he was decked out in some very nice Bitcoin to the Moon threads! You can get your own Bitcoin to the Moon t-shirt and other cool merchandise here.
Take a look at Adam in action below and subscribe to his Bitcoin Meister Channel to keep up to date with important Bitcoin news and information.
If you registered for the BitCoin Rhodium airdrop and haven't yet claimed your coins, time is running out. There will only ever be two point one million (2,100,000) BTR, so don't let yours slip through your fingers. The claim deadline is Saturday, March 31st 2018, so take action now.
What you need to do is go to Claim your BitCoin Rhodium and read and follow all of the instructions carefully. If you get stuck or have any difficulties, go to the BTR Wallet Frequently Asked Questions. As a last resort, if you still can't work it out, contact BitCoin Rhodium here.
Bitcoin tools and information site CoinTools.org recently added a cryptocurrency market section, in which you can view current prices in 33 fiat currencies. This is a handy feature for those outside of the United States who want to view Bitcoin and other crypto prices in their own currency.
As you can see in the image below, there are also display options for how many coins in total and per page you want to view. The listing of hourly, 24 hourly and 7 day percentage price changes is another helpful attribute of the market list.
For information about other useful tools that CoinTools has to offer, read my previous article, Bitcoin Tools and Information Site CoinTools.org Launches or try them out for yourself here.
If there was an Airbnb on the Moon, you could guarantee that the Bitcoin Meister would spend a week or two there, broadcasting daily episodes of The 1 Bitcoin Show. On today's episode we got the next best thing, with Adam Meister strutting his stuff in the latest design Bitcoin to the Moon t-shirt. If you want one, you can get it here.
As always, Adam presented unique Bitcoin news and information with enthusiasm and conviction. He had some great marketing advice for friendly forks of Bitcoin, including BGold, BPrivate and BRhodium. On a personal note, Adam shared some possible ways that he may bless his parents in 2021 and 2028, using some of the fruits of his Bitcoin savings account. Check out the episode for yourself below.
Adam makes a new show every day on his Bitcoin Meister Channel, including the legendary, 'This Week in Bitcoin' show that he hosts each Friday. So subscribe to his channel and 'Pound that like button' for the Bitcoin Meister.
Bitcoin.com Wallet to No Longer Create Bitcoin (BTC) Wallet by Default, Only Bitcoin Cash (BCH) - Roger Ver
In his presentation today at Satoshi's Vision Conference in Tokyo, Japan, Roger Ver said, "I have an announcement I guess I'll make here that I've told just a few people in private, but in the next update to the Bitcoin.com wallet coming very, very soon, we will be dropping Bitcoin Core wallet creation by default and it will only be making Bitcoin Cash wallets by default."
In my opinion, this will most likely result in people who are new to Bitcoin, or inexperienced with it, mistakenly purchasing Bitcoin Cash (BCH) when they think that they are buying Bitcoin (BTC). This may even be the goal, as Ver made his personal beliefs about Bitcoin crystal clear in his speech today when he said, "Bitcoin Cash is Bitcoin."
Don't be fooled. Bitcoin Cash is not Bitcoin. It is an altcoin, created by forking the original Bitcoin blockchain. Bitcoin is BTC, not BCH, Bitcoin Cash, or dare I say, 'BCash'.
During the Bitcoin bull run of 2017, many domain name investors started putting money into the cryptocurrency market. At the same time, Bitcoin and crypto related companies and startups sought to acquire quality domain names from which to promote their coin, idea, product or service.
Thus, when it came to this year's NamesCon, the domain industry's leading conference, held in Las Vegas, Bitcoin and cryptocurrency were high interest topics. The following video, filmed at the 2018 event, features a discussion between host, Richard Lau and experienced domain brokers, Jen Sale of Evergreen and Andrew Rosener of Media Options. Domains discussed include btc.com, ether.com and coinx.com
BitCoin Rhodium is a community-based crypto commodity, rare, limited and resistant cryptocurrency to store value for the future.
The goal is to provide not just a payment method, but a real, valuable commodity, which will become a prosperous investment element, along with BTC.
Introducing BitCoin Rhodium
A Unique Crypto Commodity, For the Long-Term
In late 2017, amidst a surge in altcoin issuance – particularly, Bitcoin hard forks – our Europe-based development team decided to try something different. For one, we viewed hard forks, for the most part, as Bitcoin clones that would be difficult to discern from the real thing. Second, after the first two, Bitcoin Cash and Bitcoin Gold, none had been supported by major exchanges or wallets – making them nearly impossible to acquire; let alone, safely. Lastly, in a world where hundreds of new altcoins were emerging, it was becoming clear that without a viable, long-term use-case – that could be convincingly communicated to investors – the odds of significant price appreciation were extremely low.
First, we considered what other altcoins were doing – and then, what Bitcoin couldn’t do, given its ability to subsume nearly all vital cryptocurrency functions. Which is when we came up with the idea of “ultra-Bitcoin scarcity”; i.e., a coin with all of Bitcoin’s best features, and a lifetime cap of just 2.1 million, or one-tenth of Bitcoin’s; of which, roughly half would trade upon launch, with the other half to be mined by the public over the next 100 years. Additionally, we added a privacy feature, in our quest to create a cryptocurrency that would cater to large, long-term holders.
Next, we determined that the best way to build community was to distribute our coin, Bitcoin Rhodium – named for the relatively unknown; and by far, scarcest Precious Metal – via an “airdrop” to existing Bitcoin holders. By airdrop, we mean that unlike hard forks, there is no requirement for a third party to split and/or store the coin. Instead, proactive Bitcoin holders could claim BTR by “registering” non-zero balance public Bitcoin addresses from online and offline wallets in which they held their own private keys – like online Electrums or offline Trezors and Ledgers. By “signing” the unique message supplied by BRhodium, one could prove Bitcoin ownership without giving out their private keys; thus, enabling the receipt of FREE BRhodium in the subsequent claiming process - in one’s personal, online BRhodium wallet.
Finally, we aimed to create a “community” to foster longterm support, through the Discord chat room that we, the development team, actively monitor in a de facto “customer service” function – particularly during the airdrop process, which started in December, and will end March 31st. Through Discord, Twitter, and Reddit, we believe awareness of BRhodium’s “ultra-Bitcoin scarcity” use case has increased, to the point that we expect the launch, currently scheduled for April, to be met with significant investor enthusiasm.
Ultimately, in the words of one of the project’s most well-known public supporters, we hope Bitcoin Rhodium will be viewed as “Elite Bitcoin,” to be BRODL’ed as passionately as Bitcoin is HODL’ed.
BitCoin Rhodium Community
This article is published with the permission of Bitcoin Rhodium.
Bitcoin Rhodium (BTR) has just released an updated version of their wallet at wallet.bitcoinrh.org. It has enhanced safety features, including the option to set up a security question and two factor authentication.
Anyone can now sign up for a Bitcoin Rhodium wallet, even if they did not apply for the airdrop. While this won't get you any of the free coins, at least you'll have somewhere, other than an exchange, to store BTR if you decide to acquire some once they are listed next month.
What price Bitcoin Rhodium will trade at when it does hit exchanges is anyone's guess. In my opinion, however, it has two significant advantages over previous Bitcoin fork/airdrop projects.
The first advantage is its limited supply of 2.1 (yes, that's two point one) million, which is one tenth of the eventual supply of Bitcoin (BTC). Most other projects, including Bitcoin Cash (BCH) and Bitcoin Gold (BTG), copied BTC's supply of 21 million or went higher, such as Bitcoin Diamond's (BCD) 210 million.
Another distinctive that gives Bitcoin Rhodium an edge over its competitors is the way that it was distributed. Being an airdrop that had to be applied for, means that those who have BTR wanted it and are thus invested in its success. Holders also received their coins without having to split them or put their Bitcoin at risk in any way. BTR is more than an automatically awarded clone fork of BTC. Their website puts it this way, "But we want to be a best friend with BTC."
For mine, the Bitcoin Rhodium team has done an excellent job with this project and given it every chance of success.
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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