When bitcoin rises what happens to money?

Now its $8000 the value of  1 bitcoin and bankers are worried about this phenomena . Not only thus banks and other finantial institutions would be affected.  It should be the people who will really be affected with the money of what we know not the bitcoin.

Watch  what Andreas Antonopolus is saying about the "Death of Money"

Central Banks now have problems with the money ?  

Is Bitcoin the answer to this ?  

Whatever happens  bitcoin is surely the new money ,  are there any alternatives ?  

So  try to adopt bitcoins or alter coins  register with any of these sites ...  http://generatebitcoinmakemoney.blogspot.ca/p/blog-page_17.html


 

Bitcoin has hit the $6000 mark next is more higher

Bitcoin hits $6,000, making its creator even more insanely rich. The cryptocurrency reached a new high Friday, keeping up a huge gain for 2017.

Last month, JPMorgan Chase CEO Jamie Dimon called bitcoin "a fraud." But investors in the cryptocurrency don't seem all that convinced. Bitcoin's value surged Friday above $6,000 for the first time, according to CoinDesk, keeping up the cryptocurrency's massive run in 2017. On Jan. 1 this year, bitcoin was priced at just under $1,000. Still, the cryptocurrency's value has been extremely volatile and prone crashes. Likely the biggest beneficiary of this huge gain is bitcoin's anonymous creator, who goes by the name Satoshi Nakamoto. According to Quartz, Satoshi owns roughly 980,000 bitcoin, which would be worth about $5.9 billion and make Satoshi the 247th richest person in the world.

Bit the heat with btcheat

Bitcoin had proven again that it is continously increasing in value with the recent dollar value of $ 5800, so there are still a lot of time and space for those who are just starting or still looking for the source of their bitcoins , here's one link try this its easy to earn FREE bitcoins http://btcheat.com/?i=61229for ads

The results of the spin is fast and much greater than my other sites for ads . With the image you can see that i already had 0.00204526 satoshis in only a day and a few minutes playing.

You could still play , because in every hours your given 10 points equivalent to play again 3 times and win satoshis.

You can also refer 5 persons and get equivalent number of plays . Its the first time i had encountered this system. 

 

Try it now and add this to your btc collection . The heat is here http://btcheat.com/?i=61229

Withdrawal to my btc wallet this day just the right time

The bitcoin value vs the dollar had reached  $5,800 for every 1 bitcoin. I am glad to reached my withdrawal from adbtc.com to my bitcoin wallet. The withdrawal cap to be withdrawn from https://adbtc.top/r/l/197471 is about 15,000 satoshis.  With my total satoshis with adbtc is 15198 would be equivalent to $.881484 which will be my third btc withdrawal to my wallet. 

Let us watch what cointelegraph had to say ; 

Bitcoin has posted further all-time highs of almost $5800 after climbing $1000 in 24 hours.

Beginning Thursday, a price surge gained momentum to take the Bitcoin BTC chain over $5000 for the second time in history.

When resistance came at $5200, prices remained above the significant boundary before continuing to new heights never before seen. BTC posted a new high of $5798 in the early hours of Friday.

At the same time, forks of Bitcoin, namely Bitcoin Cash (BCH) and SegWit2x futures, either failed to appreciate or dropped in value.

BCH, which debuted for Blockchain.info users Thursday, is worth only around 35 percent of what it was in August.

SegWit2x hedging, which is confined to Bitfinex, also disappointed users without downward trending, leading to an atmosphere of smugness among BTC proponents on social media.

The question on investors’ lips today, however, is naturally one of how long the BTC rally will last, and to what extent it will reverse.

 Follow

The Wolf @WolfOfPoloniex

$BTC Rally has been nuts. However, TA shows a hangover coming. Maybe it's about time to start accumulating cheap alts for the boom. $crypto

11:50 AM - Oct 13, 2017

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Major rallies have traditionally been accompanied by downward corrections, albeit with each new high sparking a less severe correction than the previous one.

Suspicions are also rife that investors are stocking up on BTC prior to November’s two hard forks, in order to maximize free coins on every chain.

Well probably its an investors game again in raising the value of  bitcoin vs dollar. We Will see what will happen come November. 

ICO's ( Initial Coin Offerings ) is it a Shit?

For me i do agree with Andreas Antonopolous , the Bitcoin Boy about ICO's . It  is a program just for initiators to earn money.  That is why Andreas call it a shit?  It  will not return back investments contributed to an ICO's . For me its only one form of ponzi. 

With the popularity of the bitcoin a lot of schemes are online to lure a lot of interested parties, investors and enterpreneurs to be involve with bitcoin. 

ICO's was a scheme to get those people in the involvement with "Alt coins"

Imagine without a capital , you can raise a lot of money or bitcoins with ICO's because the offers are high , daily profits and a big return for investment but who would determine that your sure of your investment. 

I remember other schemes like doubling your bitcoin in a few hours or days. I tried one of this site , i sent a few bitcoins then waited but no bitcoins were re- sent to me. Tried to message the site but no one answers.  Rather then be involve with this schemes or ICO's , i would be involve with bitcoin mining, faucets and sure site investments. 

Try my page for the sources of bitcoins ;

http://generatebitcoinmakemoney.blogspot.ca/p/earn-bitcoins-easy-way.html

Effects of China banning bitcoin

The number one effect of  ICO's being ban on China was the lowering down of the value of  bitcoin . Remember that the value of bitcoin a few weeks ago is going up until it was reaching the $5000 / per bitcoin. But it had not reached the $5000 mark and it lowers down now which is about $4000/ bitcoin. 

Because of this development  Eobot.com wrote to each member that bitcoin mining will probably be affected since a lot of miners are from China. 

Here's  the message ;                 

Hello miner Rodolfo. As you may have heard in the news over the last few weeks, China has implemented bans on ICOs (initial coin offerings) and now Bitcoin and other cryptocurrency trading. It is unclear if they are going to ban Bitcoin mining. Eobot currently runs the majority of our Bitcoin mining in China. Depending on if, and how, they ban Bitcoin Mining (for example, they may let us ship the hardware out of the country to continue mining), Eobot may be forced to terminate Cloud Mining/GHS contracts early. We hope this doesn't happen, but we are announcing this to our usbelieers to be fully transparent and allow the option to trade and sell their GHS early and before a China ban becomes a reality. Until next time...happy mining, -The Eobot Team

Terms and Conditions | Privacy Policy | Compliance

2013-2017 Eobot Inc.

I do believe that if the banning will continue it will affect the mining of bitcoin as well as the value. 

Since i am involve in cloud mining , i will probably sell my GHS which was supposed to be a contract up to 5 years. 

While waiting for the GHS to be sold ,  it would probably good to mined all the bitcoins in eobot.com

visit my site for other sources of bitcoin and altcoins ;

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Why Bitcoin goes up then down ?

A lot of people involve in bitcoin were expecting that the value in dollars would reach about $5000. While its almost had reached the $5000 , then it dropped to almost $3000 but now its regaining again. Investors were worried but those big ones didnt  caused they might be the one who cause the downward trend and now its picking up. 

I remember to watch this video about the rise and fall of bitcoin and had me no worries ;

Coinbase Co-founder Fred Ehrsam break silence On Bitcoin, Ethereum and Litecoin future on platform!!

But the rise and fall would be a normal thing until the bitcoin reaches its final height and settles but other sectors sees a different  reason why the bitcoin price suddenly dropped; 

Reasons ; 

-The comment of Jamie Dimon that bitcoin is a fraud but had a big investment in ethereum,

-Chinas move to regulate bitcoin 

There's no doubt that all governments as well as big banks and big investors will do everything to put down bitcoin but they are being side stepped as "bitcoin cointinues" to be on the mainstream

After almost seven years bitcoin and blockchain are now being recognized  start now with being involve with bitcoin and blockchain  

http://generatebitcoinmakemoney.blogspot.ca/p/earn-bitcoins-easy-way.html