If the Bitcoin price rises to over $1M, that would give ~100k bitcoiners “Ultra High Net Worth Individual” status (+$50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world’s financial elites.

If the Bitcoin price rises to over $  1M, that would give ~100k bitcoiners "Ultra High Net Worth Individual" status (+$  50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world's financial elites. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK (news.bitcoin.com)

The UK’s CMC Markets Plc announced it would offer cryptocurrency contracts for difference (CFDs) and spread-betting, accessible at first to professional traders. Though too soon to call a trend, the company is following its rivals into an unsure market increasingly under threat from regulators.     
Also read: Since Embracing Bitcoin, Robinhood App Value

Bitcoin

Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners (news.bitcoin.com)

Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission began in earnest at the United States Senate Dirksen office building Tuesday, 6 February. The Committee on Banking, Housing, and Urban Affairs summoned respective Chairs of the US Securities and Exchange Commission (SEC) and US Commodity Futures Trading Commission (CFTC) to testify in open session on cryptocurrencies, less than 24 hours after one of the…

Bitcoin

Almost 5,000 bitcoiners have signed the Coinbase SegWit petition. Let’s get it to 10,000.

URL: https://www.change.org/p/coinbase-coinbase-prioritize-segwit-implementation-on-the-coinbase-bitcoin-wallet-gdax-exchange

Not happy with Coinbase dragging their feet on SegWit integration? Follow these steps:

  1. Sign the SegWit petition
  2. Use an alternative wallet/exchange that has implemented SegWit.
  3. Tweet @brian_armstrong and @coinbase and let them know you've signed the petition and have moved to an alternative provider.

Remember, this doesn't just affect customers of Coinbase, it affects the whole network. Not optimizing transactions (with SegWit and batching) inflates the fees for everyone else. This is irresponsible for such a large company in this growing industry.

Please do your "bit" and help make the issue known as best you can.

Thanks r/bitcoin

submitted by /u/LeeWallis
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Bitcoin – The Currency of the Internet

600+ bitcoiners signed the Coinbase SegWit petition in the first 24 hours. Let’s get it to 1,000.

URL: https://www.change.org/p/coinbase-coinbase-prioritize-segwit-implementation-on-the-coinbase-bitcoin-wallet-gdax-exchange

I will continue to push this until we get some answers from Coinbase. I’ll also be recommending alternative services to new users in the meantime.

Thanks r/bitcoin

submitted by /u/LeeWallis
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Bitcoin – The Currency of the Internet