Can anyone please explain to me why someone would want to use a blockchain that costs $30 (on the low end) to send $100 when they could use a blockchain that costs $0.01 to send $thousands? submitted by /u/sirmartymcfly [link] [comments]
The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Despite his personal reservations about bitcoin, Dimon acknowledged his clients’ interest and championed their freedom to invest. […]
I have a www.MyEtherWallet.com paper wallet created in 2017. I have sent ether to it several times over the years up until 2021. Now I am having difficulty sweeping the assets. I have confirmed on multiple blockchain explorer sites that the balance is intact. I have tried probably 10 different wallet apps. They all fail…
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Bitcoin price started another increase above the $70,000 resistance. BTC cleared $72,000 and now the bulls seem to be aiming for a move toward $75,000. Bitcoin price started another increase above the $70,000 and $71,000 levels. The price is trading above $71,500 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance at $72,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up if it clears the $72,500 and $72,850 resistance levels. Bitcoin Price Sets New ATH Bitcoin price remained stable above the $68,000 level. BTC formed a support base and recently started a fresh increase above the $70,000 resistance. The bulls pumped the price above the $72,000 level. The price traded to a new all-time high at $72,866. It is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $67,666 swing low to the $72,866 high. There is also a short-term contracting triangle forming with resistance at $72,500 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $72,000 and the 100 hourly Simple moving average. Immediate resistance is near the $72,500 level and the triangle zone. The next key resistance could be $72,850, above which the price could rise toward the $73,500 resistance zone. Source: BTCUSD on TradingView.com If there is a clear move above the $73,500 resistance zone, the price could even attempt a move above the $74,000 resistance zone. Any more gains might send the price toward the $75,000 level. Downside Correction In BTC? If Bitcoin fails to rise above the $72,500 resistance zone, it could start a downside correction. Immediate support on the downside is near the $72,000 level. The first major support is $70,000 or the 50% Fib retracement level of the upward move from the $67,666 swing low to the $72,866 high. If there is a close below $70,000, the price could start a decent pullback toward the $68,500 level. Any more losses might send the price toward the $66,600 support zone. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $72,000, followed by $70,000. Major Resistance Levels – $72,500, $72,850, and $73,500.
Just to point out, yes I’m interested in hearing your fud, but I’m not a bear. I believe in crypto. But there’s no point in burying our heads in the sand and pretending nothing bad will ever happen. For me; I think governments will absolutely ride us (even more) with tax. Reason: It’s no secret…
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I've posted this last week https://www.reddit.com/r/CryptoCurrency/s/sx3Mq4e3pX I believe I signed a contract and didn't know it will wipe out all of my tokens in that hot wallet. That was the first time I felt something so sever in my entire life. That wallet more or less has 800 usd. Not much for a lot of…
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submitted by /u/GoblinsStoleMyHouse [link] [comments]
Any suggestions? I guess I can "wrap" it into something called cbETH, but have no idea how the transfer cost is. Bonus question, I have ETH at Metamask. How can I transfer it to Coinbase, so I can sell that too? submitted by /u/Gears6 [link] [comments]
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure that I’d want to take it away […]
Satoshi Nakamoto introduced halving events to keep the #Bitcoin inflation rate in check. Reducing the mining rewards reduces the incentive to mine for more, increasing #BTC scarcity and raising the stock-to-flow ratio. When the Bitcoin network went live in 2009, the mining reward, or Bitcoin mining subsidy, stood at 50 BTC per block. Bitcoin’s pseudonymous…
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