Bitcoin is falling out of favor with one key constituency—criminals, says report

The price of the No. 1 digital currency, bitcoin, has been on a punishing tailspin of late, falling 40% in 2018 and more than 70% since its peak in December of 2017. And perhaps adding insult to cyber injury, the popular virtual currency finds itself out of favor with another group of users. According to a …
Google Alert – bitcoin

To all the people disappointed with their investment (in bitcoin) performance. Please do as a favor, cut your losses short and spare us the nagging about bubbles and all the negatives you clearly see now (but couldn’t see when the price was going up)

For the ones that are thinking to invest now please take Andreas Antonopoulos advice and invest in it as much as you understand it. If you feel that you understand 5% invest 5% but more importantly if you understand 0% invest 0% and no, "Block-chain is this new technology that will change the world" does not count as understanding. Take your money and put them somewhere that you feel comfortable with. The problem with all the recent FUD and negativity lies with the fact that 90% of the people in crypto are mostly people who "invested" at the end of 2017, and 99% of them the only reason they had in doing so was the price. When the only reason you have when you buy something is the belief that you are going to sell it for more guess what happens when the price drops. You are left with no reasons. No reasons to be in it. When your money are into something for no reason you panic, you loose your sleep, you get angry, you discover all the reasons why you shouldn't have invested in it. Please do your self a favor and educate yourself's. Try to understand and if you want to HODL do it for a reason other than the price. I am heavily invested and I sleep like a baby. And if I loose everything is going to be because of something I didn't see happening before it happened (and nothing of the sort has happened yet). Not something that I wish I knew (and I could have known) before I invested. In fact "investing" is not even the right word to use. "Backing up" the technology is…If you are here for the money please leave. If you are here because of the way the future can unfold (outside the potential coin price increase) then enjoy the ride. What I see now (all the work, the ideas, the ongoing development) if you take out the price visibility is so positive that I wonder where do the people find the FUD? If you can not then stick with the bloomberg, the FT and the CNBC articles that you so much like. They all have one common characteristic. All of them fail to accept that the current technology is continuously developing and what is today is going to be much better in a year. If you can not relate to what I am saying have a look at that article about why iphone will fail from 2006:

https://www.theregister.co.uk/2006/12/23/iphone_will_fail/

and that one on why internet will fail from 1995:

https://thenextweb.com/shareables/2010/02/27/newsweek-1995-buy-books-newspapers-straight-intenet-uh/

If you are already in…you have a chance to educate yourselfs even late and NOT be the guys who wrote these articles.

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Bitcoin – The Currency of the Internet

'Bitcoin Jesus' says investors should be ready in case bitcoin falls out of favor

Roger Ver, CEO of Bitcoin.com, said on CNBC's "Fast Money" that for years he's recommended investors not hold bitcoin on exchanges, which can be hacked. But right now, he said, investors may want to keep their holdings on an exchange so they can easily transfer their funds into another digital coin …
Google Alert – bitcoin

Study Shows Millennials Favor Bitcoin Over Traditional Banking

Based on the survey conducted Blockchain Capital, 70% of the 10,000 millennials who were polled claimed that they are not content with the interest rates offered by banks and almost 65% said that their money is safer in Bitcoin because they personally control it. The survey also showed that nearly …
Google Alert – bitcoin

The Pirate Bay May Be Ditching Ads in Favor of JavaScript Monero Mining (deepd.tw)

One of the world’s largest torrent sites is testing a new way to generate revenue that doesn’t include advertisements. On certain pages accessed on The Pirate Bay, such as search results and categories, the JavaScript for a Monero miner loads silently in the background and uses the site visitor’s spare CPU cycles. The mining script used by The Pirate Bay is called…

Bitcoin

China just did BTC a favor in acknowledging that the exchanges are legitimate businesses that the gov’t recognizes.

For those of you that are down from buying lately stay long. The crashes become excellent advertising and all news is good news in the long run. There has been no changes to the protocol and BTC is as solid if not more solid then ever. This will advertise to the other Chinese that this is an excellent way to move your money out of the Chinese currency.

submitted by /u/Vapor114
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Bitcoin

Wait a minute. Is Coinbase doing us a huge favor by calling each transfer of bitcoin of their exchange a 'sale'? (reddit.com)

[Title edit: second ‘of’ should be ‘off’] If I bought $ 100 of bitcoin from my bank to Coinbase, then like a good bitcoiner, transfer that bitcoin to my own wallet right away . . . then from the time of purchase to the time of transfer the bitcoin price hardly moved right? If this is called a ‘sale’ as far is IRS regs go, then I would show no difference between purchase and ‘sale’, therefore, no capital gain, therefore little or no tax event. Further, the years the IRS wants the John Doe data…

Bitcoin