At one point today, the total market value lost by Facebook was $151 billion – representing the biggest one day stock wipeout in history – and more than the entire market cap of Bitcoin. – Which is really the bigger bubble at the moment?

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

Bitcoin up, altcoins down; bitcoin down, altcoins sink. What’s the point of keeping altcoins?

Serious, not being ironic. I am very new to crypto and I think I am a little late at the party.

We watched a crazy altcoins raise in December but I think that was just because people were looking for the "new Bitcoin". Chasing tenfold gains.

Aside from 'i believe in the technology' I think most of us are here for the money.

To me it's a little difficult to understand why holding altcoins. I had them, but yesterday moved everything to btc and I think I'll leave it all there

submitted by /u/nelito30
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Bitcoin – The Currency of the Internet

As of today, 80% of all Bitcoins that will ever exist have been mined. The next halving is a little over two years away, at which point inflation will fall to 2%. This means central banks can only get at most 20% of BTC supply. Unless you sell it to them for their fiat altcoin.

As of today, 80% of all Bitcoins that will ever exist have been mined. The next halving is a little over two years away, at which point inflation will fall to 2%. This means central banks can only get at most 20% of BTC supply. Unless you sell it to them for their fiat altcoin. submitted by /u/wallyjo3
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Bitcoin – The Currency of the Internet

Analysts Point to Regulatory Vacuum as Driving Australian Cryptocurrency Banking Woes (news.bitcoin.com)

There are increasingly publicized challenges posed to the Australian cryptocurrency industry by the country’s ‘big four’ banks’ refusal to provide financial services to crypto companies. Many analysts are speculating that the issue will become the catalyst for the development of detailed regulations for the virtual currency era, arguing that the opaque nature of the current legislative apparatus pertaining to cryptocurrencies is to blame for Australia’s bitcoin banking embargo.

Bitcoin

Q: When will the Lightning Network be rolled out? A: The rollout has already begun. This is an iterative distributed learning process; it’s unlikely there’ll be a single point in time at which we say LN is “deployed” because it will grow organically. Software is never finished.

Q: When will the Lightning Network be rolled out? A: The rollout has already begun. This is an iterative distributed learning process; it's unlikely there'll be a single point in time at which we say LN is "deployed" because it will grow organically. Software is never finished. submitted by /u/TheGreatMuffin
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Bitcoin – The Currency of the Internet

Bitcoin Price Analysis: Signs of Divergence May Point to Potential Distribution Phase (bitcoinmagazine.com)

After bouncing back and forth from $ 5100 to $ 6100, BTC-USD managed to squeeze out one more (albeit short-lived) all-time high. This article is going to present an update to the last discussion regarding the potential Wyckoff Distribution and provide a more contextualized, macro-view of the current bitcoin market. Before reading any further, I would like to emphasize the word “potential” within the context of this discussion because until the market actually reverses, this is nothing more…

Bitcoin