This Japanese Cryptocurrency is Getting Dumped after Spiking 70% in a Week

Monacoin traded lower on Monday after ending last week on a 50-percent gain. The MONA-to-dollar exchange rate fell as much as 30-percent to $ 0.94 from its Sunday peak. As of 1344 UTC, the pair had recovered towards $ 1.10 with the coin’s market capitalization at $ 72.3 million. However, based on a 24-hour adjusted timeframe, both the price and valuation was still down by circa 10-percent against the dollar and 10.5-percent against bitcoin. The past 24 hours saw exchanges trading around $ 15.75 million worth of MONA-enabled pairs. Japan-based Bitbank hosted more than 90-percent of the total MONA trading volume against the Japanese Yen.

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Venezuela UPDATE. 1 BTC is 27,000,000 Bs. Last week it was 23,000,000 Bs. Monthly minimum wage down to 3.5 USD. 1,454 BTC were traded last week. More than 2,000,000 of minimum wages.

Hey guys, situation is the same here.

https://coin.dance/volume/localbitcoins/VES/BTC

https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

https://dolarsatoshi.com/

Some people dont believe the MONTHLY minimum wage is around 3.5 USD (67,000 satoshis) , here is some proof:

https://www.reuters.com/article/us-venezuela-economy/we-all-earn-the-same-venezuela-minimum-wage-hike-angers-skilled-workers-idUSKCN1M62OX

You can see the minimum wage here :

https://www.reuters.com/article/us-venezuela-politics-wage/venezuelas-maduro-hikes-minimum-wage-300-percent-idUSKCN1P82E2

18.000 BS. per month

And the official exchange rate is now 4113 Bs. per USD. http://www.bcv.org.ve/

(Last week is was 3,302.24) BS. Per USD.

18,000 / 4,113 = 4,36 USD

(Street rate is around 5,000 Bs per USD, that is why the 3.5 USD figure)

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

The story is that this warehouse in my home town that burned down last week was a Chinese owned Bitcoin mining operation called 3G Ventures. I can’t seem to find anything on them. Has anyone heard of them?

The story is that this warehouse in my home town that burned down last week was a Chinese owned Bitcoin mining operation called 3G Ventures. I can't seem to find anything on them. Has anyone heard of them? submitted by /u/The_Schmidt_Show
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Bitcoin – The Currency of the Internet

(Venezuela) One BTC is 23,000,000 Bolivares (Bs.), last week it was 18,000,000. Minimum monthly wage is around 5 USD. Localbitcoin trades around 1,500 BTC weekly.

Crisis has worsened. Caracas has electricity 24/7, the rest of the country has between 21 and 18h per day.

Zulia state only has electricity 6h per day.

Monthly minimum wage (Here in Venezuela a lot of people earn minimum wage) is 18,000 Bs. per month (One USD is around 3,500 Bs. fixed by the goverment and 4,500 Bs. street rate) that is like 80,000 satoshis.

With my work and some extra money I almost have to pay for all the expenses of my parents, if not, they would starve. I'm living here BTW.

https://coin.dance/volume/localbitcoins/VES/BTC

https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

https://dolarsatoshi.com/

Some people dont believe the MONTHLY minimum wage is around 5 USD, here is some proof:

https://www.reuters.com/article/us-venezuela-economy/we-all-earn-the-same-venezuela-minimum-wage-hike-angers-skilled-workers-idUSKCN1M62OX

You can see the minium wage here :

https://www.reuters.com/article/us-venezuela-politics-wage/venezuelas-maduro-hikes-minimum-wage-300-percent-idUSKCN1P82E2

18.000 BS. per month

And the official exchange rate is 3,302.24 BS. Per USD.

https://www.france24.com/en/20190128-venezuela-devalues-currency-align-it-with-black-market

You can see here is wages, a minister "should" earn just 36,000 Bs. per month which is less than 10 USD https://www.costadelsolfm.net/2019/01/16/nueva-tabla-salarial-administracion-publica-enero-2019-obreros-empleados-y-altos-funcionarios/

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

(Venezuela) Localbitcoin traded 1,456 BTC last week (ATH is 2,487) one BTC is around 18,000,000 Bs. Monthly minimum wage is 5 USD. Inflation rate is around 250,000%.

Hi guys time without posting. There were some nationwide blackouts, prices are going crazy (even in USD) so no time to keep you update.

Monthly minimum wage (Here in Venezuela a lot of people earn minimum wage) is 18,000 Bs. per month (One USD is around 3,500 Bs.) that is like 100,000 satoshis.

https://coin.dance/volume/localbitcoins/VES/BTC

https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

AMA Venezuelan living in Venezuela

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Bitcoin – The Currency of the Internet

Bitcoin Up 3% as Crypto Adds $10 Billion in 1 Week: Can the Rally Continue?

Overnight, the bitcoin price surged 3 percent against the U.S. dollar above the $ 4,000 mark as major crypto assets in the likes of ethereum, litecoin, and bitcoin cash recorded gains in the range of 6 to 18 percent. Fueled by the momentum of bitcoin, the valuation of the crypto market spiked by $ 10 billion in the past week, which has been on the rise since March 12 due to the strong performance of tokens. Can the Bitcoin Rally Continue? According to cryptocurrency technical analyst Mayne, on the technical side, the price trend of bitcoin is not overly bearish as long

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