Elon Musk’s Days as Tesla CEO Could Be Numbered: JPMorgan Analyst

Elon Musk is the tech billionaire that many people from Wall Street to Hollywood (e.g., Johnny Depp) love to hate. At a time when investors should be celebrating the Tesla CEO for the release of the Model Y, an electric SUV crossover, analysts are instead pouncing on Musk and TSLA shares amid renewed regulatory and key man fears, among other things. JPMorgan strategists and analysts are targeting Musk and Tesla in recent reports considering the stock continues to trade on headwinds rather than tailwinds, suggesting there is more volatility ahead. The Tesla chief isn’t doing himself any favors by displaying

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Korea’s Biggest Messaging App Kakao to Integrate Crypto Wallet For 44 Million Users

According to fnnews, a mainstream financial media outlet in South Korea, Kakao is integrating crypto for its 44 million local users. Kakao is the biggest internet conglomerate in South Korea that operates KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock, and many other platforms that have overwhelming dominance in their respective markets. On March 18, fnnews reported that following the integration of a crypto wallet by Samsung in the form of Samsung Blockchain Wallet, Kakao will integrate a crypto wallet into its messaging app to enable casual users to use digital assets on a daily basis. “Following the integration of Blockchain Keystore on

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‘Bitcoin Will Replace Gold’ as a Store of Value by 2040, Says Block.one CEO

Gold, bitcoin, Ty Beanie Babies – what do these commodities all have in common? They are all a store of value in some way. Some Ty toys are worth more than half a million dollars in the proper sets. Bitcoin is worth thousands of dollars per coin and has been worth nearly $ 20,000 per coin. Gold has both industrial and speculative uses. Gold or BTC, which is the better store of value? The question with gold and bitcoin is, which will be the largest store of value in the coming decades. Brendan Blumer from Block.one is among the many with

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Breaking: Lyft Valued at $19.5 Billion, Set to Beat Uber to Stock Market IPO

Ride-hailing company and Uber competitor Lyft will go public with 30.8 million shares at between $ 62 to $ 68 a pop. The announcement would value Lyft at $ 19.46 billion at the upper end of the spectrum. In total, Lyft will aim to raise $ 2 billion in the IPO. Per the Securities and Exchange Commission filing, Lyft will issue two classes of common stock, Class A and Class B with adjusted voting powers. Despite accumulating substantial losses, Lyft has recorded rising revenue and bookings as it takes on rival Uber in the ride-hailing race. With 30.7 million users in 2018, Lyft is

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There is no point in arguing with people

I hope you can all now see there has been some healthy stabilisation and we are unlikely to sink below $ 3000 USD without some major event be it a few large players dumping, a flaw in protocol or legislation that impacts negatively.

My strong recommendation to you all is to not promote Bitcoin to people anymore and not to defend it to people throwing out nonsense soundbites attacking it.

You've done your research which is why you are still here, so don't waste your time with the naysayers and the serially misinformed; it is there destiny to miss this opportunity.

When friends come to you with serious desire to get informed tell them to join an exchange but not to purchase any Bitcoin until they have read a book like "the internet of money" or "the Bitcoin standard". They shouldn't invest until they understand the proposition, and it should not be your burden to be their financial adviser.

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Bitcoin – The Currency of the Internet

Daily Discussion, March 18, 2019

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

We have a couple chat rooms now!

Please check the previous discussion thread for unanswered questions.

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Bitcoin – The Currency of the Internet

Why Does Crypto Giant Coinbase Keep Shooting Itself in the Foot?

Coinbase is the most popular U.S.-based cryptocurrency exchange. The company boasts more accounts than the likes of Charles Schwab. Coinbase CEO Brian Armstrong has the ambitious goal for Coinbase to become the “Google of crypto,” suggesting that its relevance to Web 3.0 could rival that of the internet search giant’s stamp on the early version of the internet. Armstrong himself was named among Fortune’s 40 under 40 list and has influenced Americans for bitcoin. Unfortunately, rather than being celebrated, Coinbase increasingly resembles a victim of its own success. Despite having more to lose than many of its peers, Coinbase at

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