https://cointelegraph.com/news/bitcoin-traditional-markets-drop-3-as-coronavirus-spreads-in-italy

As the coronavirus spread in Italy recently, bitcoin market has dropped 3% and also the traditional market including all the top ranked cryptocurrencies. Can coronavirus spreading be the cause?

As Satoshi Created the Bitcoin and designed a protocol to be an inflationary currency as the value of bitcoin is volatile. Also as bitcoin’s inflation always decreases every four years because of this bitcoin halving. As of now, the BTC’s inflation rate is around 3.6% and we are expecting it to drop to 1.8% after the bitcoin halving event. Comparing it to the average central banks, the cryptocurrency has a lower inflation rate.

“When someone tries to buy all the world’s supply of a scarce asset, the more they buy the higher the price goes.”

As the supply of bitcoin is limited, the rewards of the miners were decreased every 210,000 blocks.

The Central Banks telling the public the average inflation rate is at 2% but could indicate higher than up to 10%.






The estimated inflation rate increase in 2020 is at 2.5% because of the bitcoin halving.

 

More Info here:
Reference:
https://news.bitcoin.com/bitcoin-halving-inflation-rate-central-banks/

Gaming community is hundreds of times bigger than crypto community. Gaming companies don't have to appeal to crypto enthusiasts, because they are already paying for their products, and adding crypto support would barely improve it. Steam dropped Bitcoin support and they didn't see any loss of revenue as the result. The existing payments work well enough for everyone, so there's no chance gamers would be adopting crypto if it will be added to their games, they will stick to what they are familiar with.

After the years in trading Bitcoin it came more and more clear to me that Bitcoin is technically not decentralized anymore... its mainly owned by huge mining farms or early adopters who are able to manipulate the market at will, many exchanges playing with Bitcoin and Altcoins by making fools out of the normal Joe who wants to enter the Crypto world, i know many here will think that you should be ready and get informed before taking any step into the crypto world, but does it not bother anyone that some people are enriching them self by kicking the crap out of your wallets??


Bitcoin Mining is dead unless you own a mining farm with the necessary hashrate, again only big companies having access to Bitcoin!!!


What is your thought about this??

Maybe soon there will be a chance when government already put rules and restrictions that we will follow to make it legalised. Even in my country even we have a registered government crypto wallets. Embassy and government agencies were not still available.

Promoting bitcoin is still happening. Let us say that there are people who actually know things about bitcoin is sharing their thoughts to others. That is also why I am here because I have one friend that shares the goodness of cryptocurrency and he actually encourages me to enter on this kind of investment. And I am also sharing my thoughts and knowledge with others personally. But as I am joining signature campaigns and bounties I can promote cryptocurrency into different sectors of social media and forums like this one.

I don't believe in such things, come man maybe it was just a coincidence that the marks had happened always on Monday. For me the best day to buy bitcoin is when you see it on sale and you have the money to buy at your fullest.

isn't bitcoin decentralized crypto? those who control prices are investors, and users, not satoshi. other than that, I think if satoshi is found, he will only be asked something, or other things by government people, maybe invited to work together for something new, or other benefits, right? that's why Craig Wright insisted on recognizing himself as a satoshi. however, it was too late for the decline in the price of bitcoin caused by Satoshi being discovered. however, I believe that satoshi will not show himself.

Well yeah if they tend to use it as illegal activity they should be stopped...

No wonder the police is taking measurements against such acts. What would you expect? Use electricity produced by companies for free?
Nevertheless they should go legal at least and use other alternatives. If they have so much money for buying so many rigs they should go solar panels instead.

I'm not a judger but that's what i would do if i would be consuming such amount of power for my own rigs.

Price fluctuations may be an indicator of investor sentiment. Hashrate, though, is often seen as the better market number to watch in order to truly evaluate Bitcoin adoption, and recent hashrate statistics indicate that adoption continues to grow.

By all accounts, Bitcoin has had quite a tumultuous year. After starting the year more than 80% down from its all-time high, BTC recovered significantly before once again losing several thousands of dollars in value.

Source link here

For me, I think this could be another "unsure" prediction or analysis.

Although the hashrate of Bitcoin has increased significantly, this isn't guaranteed that Bitcoin will be having a big bull run when halving draws near. Remember that there are still scammers out there like PlusToken, lurking from the shadows, waiting to strike when BTC moons, then they dump a lot of their assets to bring the market down again.

I can't be sure if the increased hashrate of Bitcoin would really become "bullish" because the market today is so unpredictable. What do you guys think?

Even though the cryptocurrency industry is not new to ups and downs, 2019 has turned out to be the year with the most surprising reveals. The long-lasting bear market of 2018 moved market analysts to call it the year of regulatory reckoning, leaving many jurisdictions uncertain about how to treat cryptocurrencies.However, 2019 also turned out to be the year of the comeback.

Enter the new year immediately，Why not review the hot topics of crypto in 2019？

no i have no plan about this day.because, now i'm try to hold my btc for future profits.but, will do next year something for my wife.

Yes and i can work again in C++ and Sql and 40+ codding software i used , i realy loved using reshacker this software is amazing and cpickled.

I'm going to stay in europe for a while.

Actually i say it again my name is Attila Dalgic and i'm from Belgium in case somoene missing it.

Government backed "cryptocurrency"?
Well, China already has a currency... it's the Chinese fiat currency... both digital and physical. I guess what the government needs is to fully convert the fiat currency into digital coin or just use stablecoin backed by the its fiat currency. A coin that does not have the main features of cryptocurrency do not really deserve to be called a cryptocurrency,in my opinion

That's a great move by the Uganda police, very much appreciated. I hope investors will get their whole money back and on time. Such actions from law enforcement agencies will discourage the scammers and will help in bringing the faith of investors back in cryptocurrency. We need more such actions.

hi guys
one of my friends want to send me 30000$ bitcoin from america california with easybit bitcoin atm
but he  says you should send 700$ to atm bitcoin wallet to confirm transaction!
is there anything like this in usa ?
also he says i send money to atm and it is pending for your 700$ verification from your distance wallet
he says just in usa atm machins needs this verification
is he lier or not ?

It's not like they would be anti-fiat, they're just anti-cash just like many countries in Europe. Slowly we need to eliminate the cash utilization which is an unnecessary spending. Why use cash when you can easily use electronic payments? Of course that using cash you can make transactions "off-the-grid" sort to say, but if you are a person with high ethics the only thing that wouldn't keep you away from using cash is the possible tracking that banks or people following our accounts' transactions might operate. That is ilegal, but still are you willing to trust the banks on this? That's why I think Bitcoin will totally transform the society as we know it.

He very well could be but only once we gain widespread, mainstream adoption which is possibly still some time away. Bitcoin will need to be standing alongside giants like Paypal before something like TIME recognises Satoshi’s true genius.

You either make your own decisions through research and thinking, or don't trade at all. These "bitcoin signal" services are 99.9% pure bullcrap anyway. If I could predict bitcoin prices accurately, do you think it would make sense for me to announce my "predictions" in a group? Of course not. I'd take advantage of it for my own.