Friday, 27 December 2019

What Will Bitcoin do in 2020



This is an interesting video from Youtube about what will bitcoin do in 2020. There could be some crashes in the market coming. Maybe there will be no crashes. Bitcoin mining takes a very strong computer to do. The US Dollar is sure strong in the global economy. The good thing would be to buy low and sell high. Bitcoin could be unpredictable. I wonder what crypto currency really holds for the future. There are sites out there that create loans with crypto currency. Bitcoin digital currency or cryptocurrency could go to new price highs.

Bitcoin and other blockchain-based digital assets are different from traditional currencies. You do not need the permission of any central authority to use the networks to transfer value. Many people do something different instead of taking responsibility for the storage of their Bitcoin themselves. Many people entrust a centralized third party to do it for them.

Also interesting to check out:

Bitcoin falls after suddenly increasing - igorbnews.com

Google’s YouTube Goes To War With Bitcoin And Crypto - forbes.com

Bitcoin’s Purported Creator Says His Fortune May Remain Locked - bloomberg.com

BitMEX Cryptocurrency Exchange Holds 0.18% of All Bitcoins in Circulation - cointelegraph.com

Bitcoin price gets Christmas boost, as cryptocurrency markets rise by billions - independent.co.uk

CoinShares CSO: The rising popularity of Bitcoin derivatives means the 2020 halving won’t push its price up - cryptoslate.com

Bitcoin's 'Halving' Is About to Shake Cryptocurrency Markets - voanews.com

Bitcoin Price Prediction: BTC/USD directionless ahead of New Year – Confluence Detector - fxstreet.com

$1 Mln Bitcoin Price Prediction Made by Hedge Fund Manager James Altucher Has Four Days Left - u.today

Bomb Threats Demanding Bitcoin Force Evacuations Across Russia - coindesk.com

Bitcoin Downside Thrust Possible Before Key Reversal - newsbtc.com

Bitcoin Gained 8.9 Million Percent Over the Last Decade - news.bitcoin.com

‘Japan’s Amazon’ Rakuten now allows users to convert loyalty points to bitcoin, ether and bitcoin cash - theblockcrypto.com

As 2019 closes, a look back at what happened to the altcoin boom - techcrunch.com

Bitcoin's Path From Insurgents’ Talisman to Tool of Big Tech - wired.com

Bitcoin daily chart alert - Weaker price action this week - Dec. 27 - kitco.com

How to build a Bitcoin Lightning node for just $150 - decrypt.co

Bitcoin Hit Its All-Time High in 2017. Here Comes New Competition. - barrons.com

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29 comments:

  1. Anonymous8 January 2020 at 22:39

    Jan 8, 2020 - Bitcoin Hits New 2020 High Above $8,400 After Iranian Missile Attack

    Bitcoin Hits New 2020 High Above $8,400 After Iranian Missile Attack

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    1. Igor B3 September 2020 at 09:07

      Thanks for liking the Bitcoin Article.

      September 3, 2020:

      1 Bitcoin equals 14,054.59 Canadian Dollar

      1 Bitcoin equals 10,672.50 United States Dollar

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    1. Igor B27 January 2021 at 12:37

      Thanks for enjoying the article about Bitcoin. Bitcoin sure increased in price greatly in 2020 and 2021. For several years, Bitcoin was at around $10,000 in 2018 and 2019.

      Amazingly, Bitcoin reached an all-time peak of $41,982 USD on January 8, 2021.

      Price of Bitcoin at January 27, 2021 (Today):
      1 Bitcoin equals 40,317.42 CAD - Canadian Dollar
      1 Bitcoin equals 31,525.20 USD - United States Dollar

      So far this year (2021), volumes in bitcoin have been considerably higher, trading an average of $12.3 billion per day, compared to $2.2 billion in 2020.

      Bitcoin briefly dropped below $30,000 for the second time in the past week as the largest cryptocurrency kind of struggles to regain momentum after reaching record highs earlier this month.

      The fantastic digital asset fell as much as 8.7% to $29,241 Wednesday, before bouncing back from the lowest levels of the day to around $30,770. The last time it traded below $30,000 was Jan. 22, two weeks after setting a record high of $41,982.

      This "Bitcoin Currency" surged 300% in 2020 amid speculation that institutional investors were piling in with interest rates at rock-bottom lows.

      It seems that in the short term, fluctuations of Bitcoin will happen. The long-term prospects seem to be very good for this investment. It will be interesting to see the price of Bitcoin in the future.

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