BitCoin Rhodium (XRC) is nearing launch, and on the most recent episode of This Week in Bitcoin, Andy Hoffman of CryptoGoldCentral.com updates viewers on what's been happening with this exciting new crypto asset.
Andy eloquently explains the uniqueness of the BitCoin Rhodium project, from its beginnings as an opt in airdrop, to the recent testnet launch, and its potential to be a big winner in the altcoin space.
So whether you're a BitCoin Rhodium holder or this is the first time you've heard of it, sit back and enjoy this highly informative, four minute clip, on what could well be a game-changing cryptocurrency.
Adam Meister, the Bitcoin Meister, the Disrupt Meister is back in Baltimore and today he was back in his Bitcoin to the Moon t-shirt. While the price of Bitcoin is down at the moment, Adam was up and about encouraging others to have a strong hand and to hold onto their Bitcoin.
He practices what he preaches too, as Adam has been acquiring Bitcoin since 2013 and has not sold one single satoshi along the way. Whether in the midst of a bull market or bear market, you know that Adam is willing to delay gratification, deploying long term thinking with the 2020 and 2024 Bitcoin halvings in mind.
Likewise, it's important for each one of us Bitcoin holders to not just consider where Bitcoin is at today in terms of price, development, supporting technologies and adoption, but to look to where it will be in the future. Read Adam's shirt for a clue :)
Bitcoin is going to the moon, and you can be reminded of that by having your very own Bitcoin to the Moon t-shirt. They come in a wide variety of styles and colors, which you can browse here.
Take a look at the Bitcoin Meister in action below, on today's episode of 'The 1 Bitcoin Show'. Pound that like button!
BitCoin Rhodium (XRC) … don’t let the name fool you. It isn’t another fork of Bitcoin (BTC) like Bitcoin … Cash, Gold, Diamond, Super, Atom or the myriad of other Bitcoin clones out there. BitCoin Rhodium did not fork off the Bitcoin blockchain, but rather, has its own brand new blockchain that was built from scratch by an anonymous team of developers.
While the majority of the numerous Bitcoin fork coins have a capped supply of 21 million or more (Bitcoin Diamond, for example, has a 210 million cap), there will only ever be 2.1 million BitCoin Rhodium. Yes, that decimal point is not a typo, it’s two point one million. Obviously this means that Bitcoin holders couldn’t be rewarded 1 coin for every BTC they hold, as was the case with most of the forked cryptocurrencies. Instead, BitCoin Rhodium was distributed via airdrop to Bitcoin holders who registered wallets for it, at a ratio of 10 XRC for every 1 BTC. There was also an opportunity for non BTC holders to register an empty Bitcoin wallet and receive 5 XRC. In both of these cases there were caps in place.
During the past week, a group of ten miners on the BitCoin Rhodium Discord channel were given access to mine on the testnet and make transfers between test wallets. This has now been opened up to others via Discord who want to be involved.
With this hive of testnet activity, and the regular resolution of platform issues shown on XRC's GitLab, one thing is clear ... BitCoin Rhodium's launch is drawing near. So if you're a cryptocurrency miner seeking extremely rare treasure, or an investor looking for a scarce and precious commodity in which to store value, BitCoin Rhodium, a new crypto asset, awaits you.
Less than two months ago in early May, Bitcoin made a run at $10,000, falling just short. Since that time, the price of BTC has been in gradual decline and has now gone below $6,000 to its lowest point in 2018.
To put things in perspective, one year ago, Bitcoin was trading around $2,600. So despite the painful experience of falling from the mid December high of nearly 20k, all those who invested this time last year or earlier are still well out in front. On the other hand, investors who entered the market during the rapid climb to the peak have felt the full force of huge losses — particularly those who put in more than they could afford to lose.
As always, not needing to sell when the price goes south is a huge advantage, especially if the bear market conditions last for months or even years. It means that if Bitcoin history repeats itself, you will still be holding your BTC when it eventually climbs to reach new all time highs.
At the moment, however, new all time highs seem far off, as even some hard core Bitcoin maximalists, optimistic bulls and long time hodlers have seen discouragement set in, to the point of selling part of their BTC holdings. From my perspective, yes, it is discouraging to witness the fall from the Bitcoin bull frenzy of 2017. Then again, nothing has changed in terms of my belief in the technology behind Bitcoin, its use case and the innovation it is driving.
The price is down for now, however, the fundamentals of BTC have never been stronger. Stay strong too, my friend, for Bitcoin's journey is far from over. There is still a destination to reach. Bitcoin to the Moon!
If you're new to Bitcoin and cryptocurrency, you may have noticed that the learning curve is steep and sometimes confusing. With so many websites, blogs, vlogs and self-proclaimed gurus, not to mention scammers, out there, it can be hard to know what to spend your time on, or who to listen to. Plus, even when information is reliable, it can often be highly technical or assume much prior knowledge. There is certainly a gap in the market for Bitcoin content, explained in everyday language, for those starting out in the space.
One individual whom I believe is helping to bridge this Bitcoin understanding gap is Brian, the UK Bitcoin Master. I first heard Brian speak during his debut guest appearance on Adam Meister's popular, This Week in Bitcoin show. Immediately, I was impressed with Brian's enthusiasm and the down to earth manner in which he discussed Bitcoin.
As a Baby Boomer and someone who had only been introduced to Bitcoin himself in May 2017, Brian has a passion to teach the basics of Bitcoin to those starting out from scratch. If this is you, then Brian's, Bitcoin for Beginners series on his UK Bitcoin Master YouTube channel is a great place to start building up your knowledge. The videos are short, to the point and delivered in language that is easy to digest.
To kick things off, take a look at the first episode below, and also his appearance on, This Week in Bitcoin.
Tone Vays is currently conducting a livestream, that two hours in, has eight guests, and Richard Heart is in the chat wanting to jump in on the action.
Someone else in the chat mentioned that it was starting to look like the Brady Bunch. I think they're right ... The Bitcoin Brady Bunch :)
If you're interested in Bitcoin, Ethereum, the SEC, securities, what constitutes a security and if Ethereum was and/or is a security, then this stream is for you. Check it out below.
Bitcoin to the Moon is dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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