Any opinions on how the Global GDP will limit  Bitcoin and Crypto in general?

With crypto market caps now approaching 1 Trillion at 600 Bil

And with BTC being 250Bil of it

Anyone have opinions on how the worlds GDP of less than 100 trillion will limit all crypto and Bitcoin?

BTC goes to 50k

MC is almost 1 trillion

How big is that?

The USA GDP is only 26 tril year

So the MC of Bitcoin at 16k is 1% of the GDP of the USA already.

If BTC hits 50k it's 3% of USA GDP

If it hits 500k that's 30% of USA GDP which is 33% of worlds GDP

I read years ago in Dr. Adoni's book Bitcoin Algorithm that he saw 500k as the upper end of crypto and BTC

Due to global GDP

Then he stated if it gets tied into derivatives it could go to 5mil a coin

Anyone really looking hard at how global GDP is really the final say on how big crypto and Bitcoin really become?

All the exchanges I am dealing with have small credit card charge limits (like $100 per week), or are in verification processes that will take days at this point. I want to get BTC in the next few hours. Is there any way to do it? Do people on here sell BTC via PayPal/other, or any exchanges/sites that can do this without forever long verification?

I don't want to get screwed on fees either. I have stuff setup to be able to get from card to PayPal, to bank, to exchange, to BTC, but this will still take a couple of days.

Any ideas or offers would be great!

Thanks!

Do you think Bitcoin price will drop end of December? This might be two reasons:

1. The CME futures will start and people would be able to bet against the price of Bitcoin.
2. Bitcoin always goes Bearish end of the year. People take profits.
3. There has been a huge run up in the bitcoin price over the last month and we have not experienced a significant pullback.

what are your thoughts?

With the current continuing rise of Bitcoin price, we expect a correction coming soon. Do you it can reach around 50%? Give us your thought and own prediction.

Shouldnt the replacement for paper money, credit cards and banks be worth 100 times what some tech company is worth..?

Am interested to find out just how do some of these cryptocurrency companies evaluate how much they are worth with their over the roof HARDCAPS?
Because strangely enough most of these projects today are not the first to venture into a certain industry and are most likely not backed by a big cooperation or working product to vouch for them?

So just how or who does the valuation of how much is needed when investors are just sold some good words from whitepaper?

Phillipino nannies remit over $20billion yr. If the nannies switch to bitcoin the savings from fees etc would be enormous, maybe over $100mill per year..

Can bitcoin drop to $3000?

Which hardware wallet is best for storing large amount of BTC stock.

1. Trezor T (2018 Model)
2. Ledger Nano S

Please share your experience.

I support Bitcoin but cannot see it being widely adopted when paying a $10 fee for a $15 transaction. Maybe if the fee is $0.15 for a $15 transaction, but will that happen?

If so, when?

Is there any news yet about this?


In most trading, lot of case people lost money and commit suicide....it is already happen on bitcoin world? Just curious

I lost 10 BTC



BCC is bull trap

to get a lot of bitcoin cash and to dump bitcoin price..

i dont get it. if roger ver is holding that much bitcoin. he will be the first person smiling if bitcoin price are high as ATH as always,
buy why is he risking all his bitcoin to promote bitcoin cash? is it greed? or pride? or that he is really trying to continue the real bitcoin with bitcoin cash.?

thoughts anyone..

I get up and see this:



BCH has gone from around $10 billion market cap to $30 billion market cap in a couple of days. Who the hell has some spare $20 billion to pour into BCH? Buffet’s net worth is around $77 billion.

I don’t think this can only be explained to Roger Ver and Jihan Wu going all in on BCH. They must have persuaded institutional investors to get into BCH. Apart from scared people exchanging BTC for BCH.

I will HODL but this is serious.

I want to start out trading altcoins but don't know where to start.  I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

The price on Kraken for BTC is currently 20% less than GDAX in GBP.

Is there any reason why I wouldn't buy on Kraken, transfer to GDAX and sell for a 20% profit?

Seems to easy be true?

How would you trade a million $ of BTC ? OTC, exchanges, private sale ?

Is it inevitable or even desirable for blockchains and their ICO's to become more regulated or to least run their ICO's in more risk averse ways such as submitting to AML and KYC checks?
Atlas City Finance has just begun its 1 month pre-ICO which is expected to be popular in part due to the large 30% pre-ICO discount but to offset this the ICO is unusual in that it is being run against a set of AML and KYC checks to protect the business, the blockchain and investors. The question remains whether requiring such strict rules to be applied to investors will deter investors or attract more traditional investors who welcome more voluntary regulation.
Smaller investments up to 1 BTC in value don’t need KYC or AML checks but larger investments can be used to move money illegally which is why such checking can be helpful. Since Atlas City Finance is really trying to establish market credibility for its other products and services such as Plutous then it makes sense to be over cautious of how the Olympus blockchain is funded. It remains to be seen how ICO investors will react to such checks being carried out and it’ll certainly be of interest to other upcoming ICO’s who are considering how to present their coin offerings.

A presentation that combines Plutous and Olympus is provided in the following link. The ICO is just for the Olympus blockchain and its Olympian coins but this presentation looks at the wider Plutous financial services platform and how it makes use of the features of the Olympus blockchain to provide scale, anonymity and smart contracts in more familiar programming languages.

For full disclosure I'm involved in the blockchain and Atlas business but I find the wider question of whether AML and KYC's protection is good or bad for the blockchain industry as a whole very interesting. Sure it makes sense for a commercial organisation in the financial sector but is it over-restrictive for startup's looking to raise money quickly for without being too intrusive into funding sources? What are your views on these kinds of test or regulations more broadly?

https://www.atlascityfinance.com/media/AtlasCityFinance_BusinessPresentation.pptx