bitcoingape

[bitcoingape]

Bitcoin vs the State

New Post has been published on http://bitcoingape.com/bitcoin-vs-the-state/

Bitcoin vs the State

Bitcoin vs the State

View Source

[bitcoingape]

Bionic Trader : Depth Finder 3D Order Book [BTC/USDT@Binance] 08/29/2019

New Post has been published on http://bitcoingape.com/bionic-trader-depth-finder-3d-order-book-btc-usdtbinance-08-29-2019/

Bionic Trader : Depth Finder 3D Order Book [BTC/USDT@Binance] 08/29/2019

Bionic Trader : Depth Finder 3D Order Book [BTC/USDT@Binance] 08/29/2019

View Source

[bitcoingape]

$BTC LONG

New Post has been published on https://bitcoingape.com/btc-long/

$BTC LONG

$BTC LONG

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

ZaydBENH

TP1: 11900 TP2: 12200 SL: 9060 Source link

[bitcoingape]

Is bitcoin a genuine safe haven? | On Air Videos

New Post has been published on http://bitcoingape.com/is-bitcoin-a-genuine-safe-haven-on-air-videos/

Is bitcoin a genuine safe haven? | On Air Videos

Is bitcoin a genuine safe haven? | On Air Videos

View Source

[bitcoingape]

Chris Record - HODL GANG - Bitcoin Rap Gucci Gang Remix Parody #hodlgang

New Post has been published on https://bitcoingape.com/chris-record-hodl-gang-bitcoin-rap-gucci-gang-remix-parody-hodlgang/

Chris Record - HODL GANG - Bitcoin Rap Gucci Gang Remix Parody #hodlgang

Chris Record – HODL GANG – Bitcoin Rap Gucci Gang Remix Parody #hodlgang

https://www.youtube.com/attribution_link?a=emSH9gW93aI&u=%2Fwatch%3Fv%3DJZYZoQQ6LJQ%26feature%3Dshare View Source

[bitcoingape]

DGaming Puts Ethereum Tokens On Sale to Boost Decentralized Gaming

New Post has been published on https://bitcoingape.com/dgaming-puts-ethereum-tokens-on-sale-to-boost-decentralized-gaming/

DGaming Puts Ethereum Tokens On Sale to Boost Decentralized Gaming

It is clear that gaming is becoming a global industry. Just recently, the Fortnite World Cup, sponsored by FIFA, took place in New York. Tens of thousands of people descended on a stadium to watch gamers duke it out over a $30 million prize pool. Millions watched online, social media was ablaze with talk of gaming, and mainstream media were all over the event.

Like it or not, crypto assets and blockchain technologies fit into this narrative. In many senses, the crypto and gaming industries are parallel. Both are inherently digital, appeal to a younger audience, and involve concepts foreign to everyone and anyone just thirty years ago. The fact that gaming is now succeeding should be a positive sign for crypto-natives.

So it should come as no surprise that countless companies are looking to make sure that gaming, just like many other industries, is trending towards decentralization, and thus, freedom.

DGaming Announces Sale of Ethereum Game Items

DGaming, a firm looking to bolster and support the budding decentralized gaming economy, has just unveiled that its store platform will be able to host the sale of in-game items. Now, users will be able to directly purchase tokens (items, characters, areas, etc.) for gaming on Ethereum-based applications from DGaming, further monetizing this new facet of the blockchain economy.

The DGaming Sales Festival will feature unique NFT assets from at least 12 games, a number of daily giveaways, and the launch of a presale for a highly-anticipated game. The Festival starts on August 26:https://t.co/LFNwaQqnbv#dgaming #blockchain #dapps #DGamingFestival

— DGaming (@DGamingIndustry) August 19, 2019

To celebrate the launch of this newfangled feature, DGaming will be hosting a 12-day event, the fittingly-named DGaming Sales Festival. This event will see the platform and its partners sell a large swath of unique non-fungible tokens (NFTs) from a minimum of 12 of the top blockchain-based gaming projects.

As of the time of writing this, DGaming is selling an array of Ethereum-based characters from Cheese Wizards, a game from the same company that birthed 2017’s hottest Ethereum-based decentralized application, CryptoKitties.

Cheese Wizards is in good company, with DGaming stating in a press release that it will be selling tokens from decentralized games including industry favorites Blockchain Cuties, Axie Infinity, and My Crypto Heroes.

And, to put a cherry on top of the DGaming cake, Ethereum items from the hyped blockchain game Blocklords will be sold. Blocklords, which has been awarded by the Tron Accelerator and NEO Accelerator, bills itself as a “grand strategy blockchain game”.

You can find the full list of blockchain games whose items will be sold in the graphic below.

Insert Graphic

This event will also involve “multiple” daily giveaways and a large overarching giveaway. Cryptocurrency users, including you, can win “rare NFT” items by participating in the sales events.

DGaming believes that this new marketplace, which is seemingly the first of its kind in the blockchain sphere, will “help to improve the reach of projects and the industry as a whole as it seeks to reach a wider audience.”

With this sale event, DGaming is leveraging the demand for gameable Ethereum- based tokens that was shown by 2017’s CryptoKitties craze.

Source link

[bitcoingape]

Exchange Helping Investors Trade Metals (Gold) For Bitcoin Raises $43 Million

New Post has been published on http://bitcoingape.com/exchange-helping-investors-trade-metals-gold-for-bitcoin-raises-43-million/

Exchange Helping Investors Trade Metals (Gold) For Bitcoin Raises $43 Million

Exchange Helping Investors Trade Metals (Gold) For Bitcoin Raises $43 Million

https://www.youtube.com/attribution_link?a=qwoJuaCYuJI&u=%2Fwatch%3Fv%3DrsdXGxa6jas%26feature%3Dshare View Source

[bitcoingape]

The World's First Decentralized Recurring Bitcoin Payments - Interview with CEO of Monarch

New Post has been published on http://bitcoingape.com/the-worlds-first-decentralized-recurring-bitcoin-payments-interview-with-ceo-of-monarch/

The World's First Decentralized Recurring Bitcoin Payments - Interview with CEO of Monarch

The World’s First Decentralized Recurring Bitcoin Payments – Interview with CEO of Monarch

https://www.youtube.com/attribution_link?a=A0Lv4lu6P4s&u=%2Fwatch%3Fv%3D3KXRAxq5JwU%26feature%3Dshare View Source

[bitcoingape]

Melhor estrategia IQ Option 95% Best Perfect Signal Indicator Attach W...

New Post has been published on https://bitcoingape.com/melhor-estrategia-iq-option-95-best-perfect-signal-indicator-attach-w/

Melhor estrategia IQ Option 95% Best Perfect Signal Indicator Attach W...

Melhor estrategia IQ Option 95% Best Perfect Signal Indicator Attach W…

https://www.youtube.com/attribution_link?a=Hy2a6TMOZZw&u=%2Fwatch%3Fv%3DRvG2i92MhKM%26feature%3Dshare View Source

[bitcoingape]

DGaming Announce The Industry’s Most Diverse Sales Event Starting August 26th

New Post has been published on http://bitcoingape.com/dgaming-announce-the-industrys-most-diverse-sales-event-starting-august-26th/

DGaming Announce The Industry’s Most Diverse Sales Event Starting August 26th

– DGaming, a technology company that seeks to make decentralized gaming as popular as traditional gaming, has announced that they’re upgrading their DGaming Store platform to host game item sales. To celebrate this release, they will be hosting a 12-day event which will be the most diverse sales event in the DGaming industry to date.

The DGaming Sales Festival will feature unique NFT assets from at least 12 of the most popular blockchain gaming projects, as well as a number of daily giveaways for participants in the sale.

There will be multiple daily giveaways, and an overall giveaway at the end of the event. Winners will be determined by a sales leaderboard, with participants vying for top spot based on their sales event participation. DGaming has a number of rare NFT items to giveaway to the most active participants.

An NFT (Non-Fungible-Token) is a digital item which is used to create a unique digital scarcity and ownership. NFT’s can be deployed in games, or traded for digital value. Perhaps the most well-known example of an NFT sale, to date, is the Crypto Kitty that sold for 600 ETH (approx $170,000) in September 2018.

The sale of this cat-themed NFT was far from a one off event, with communities of people trading assets on a daily basis, and even making a career from it. One such project which allows users to own digital assets, Decentraland, recently recorded 149 transactions over a 7-day period, with $114,001 in assets traded.

DGaming feel that the industry currently lacks a place where projects can reach a wider audience when launching their item sales. Their proven marketing expertise, and standing in the community, will help to improve the reach of projects and the industry as a whole as it seeks to reach a wider audience.

The sales event kicks off on August 26th at DGaming.com, and a full sales schedule will be published in due course.

For further information, please contact: DGaming Business Development Officer – Marina Shim  [email protected]

Source link

[bitcoingape]

Why YOU Should Buy Bitcoin (BTC) Now

New Post has been published on http://bitcoingape.com/why-you-should-buy-bitcoin-btc-now/

Why YOU Should Buy Bitcoin (BTC) Now

Why YOU Should Buy Bitcoin (BTC) Now

https://www.youtube.com/attribution_link?a=jzVBO_J9AIA&u=%2Fwatch%3Fv%3DTYw8oQnER9o%26feature%3Dshare View Source

[bitcoingape]

Hal Finney was Satoshi Nakamoto

New Post has been published on http://bitcoingape.com/hal-finney-was-satoshi-nakamoto/

Hal Finney was Satoshi Nakamoto

Hal Finney was Satoshi Nakamoto

https://www.youtube.com/attribution_link?a=rOtKuSmB2oI&u=%2Fwatch%3Fv%3D-3GscO9vdu4%26feature%3Dshare View Source

[bitcoingape]

Crypto News - BTC retreats after approaching $11K, experts see higher lo...

New Post has been published on https://bitcoingape.com/crypto-news-btc-retreats-after-approaching-11k-experts-see-higher-lo/

Crypto News - BTC retreats after approaching $11K, experts see higher lo...

Crypto News – BTC retreats after approaching $11K, experts see higher lo…

https://www.youtube.com/attribution_link?a=yiWGOGfufLA&u=%2Fwatch%3Fv%3D2pWaN4OZD-4%26feature%3Dshare View Source

[bitcoingape]

Live demo of spending $500 on a flight to get $3.50 back in Bitcoin on Priceline

New Post has been published on http://bitcoingape.com/live-demo-of-spending-500-on-a-flight-to-get-3-50-back-in-bitcoin-on-priceline/

Live demo of spending $500 on a flight to get $3.50 back in Bitcoin on Priceline

Live demo of spending $500 on a flight to get $3.50 back in Bitcoin on Priceline

https://www.youtube.com/attribution_link?a=YwF70kZfFYc&u=%2Fwatch%3Fv%3D6HP74hHoVTY%26feature%3Dshare View Source

[bitcoingape]

Trump Says The R-word – How Bitcoin Wins From Recession and The Thucydides Trap

New Post has been published on http://bitcoingape.com/trump-says-the-r-word-how-bitcoin-wins-from-recession-and-the-thucydides-trap/

Trump Says The R-word – How Bitcoin Wins From Recession and The Thucydides Trap

The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin.

The consensus of analyst opinion is that there will not be a recession in the US this year or next.

But, as we shall see, those comforting findings do not tell the whole story and it is one in which bitcoin will be making an appearance.

Bitcoin is currently priced at $10,180 after failing twice in as many days to break above $11,000.

Anthony Pompliano from Morgan Creek Digital Assets was in conversation with Joe Kernen on CNBC yesterday and he was in typically bullish mood, although he does see possible temporary setbacks for bitcoin from regulatory pressures and the of use/entry issues that still haven’t been solved. 

The Pomp didn’t think Libra fallout would affect bitcoin because of the differences between the two. 

In Libra’s defence against the regulators, however, Pompliano said: “It’s going to be hard to label going up from 27 plus to 100 companies anti-competitive behaviour.”

So what’s going to push mass adoption forward asked Kernen? “Every single week we are seeing more and more infrastructure built around bitcoin. Hashrate…, Bakkt – the more infrastructure, the more likely it is that bitcoin will never go away – it will be in every institutions’ portfolio.”

Bitcoin will eventually be in every institutional investors' portfolio. Just a matter of time.

Here is a piece of the conversation @JoeSquawk and I had about this idea.https://t.co/Y4CAFhnivb

— Pomp 🌪 (@APompliano) August 20, 2019

But what are the near-term prospects for bitcoin in this world of inverted yield curves?

The fact that you now have to pay the German government to buy its bonds as the country stares recession in the face, has led to talk of stimulus packages and, for Trump’s part, more tax cuts. The US president spoke yesterday about a possible cut to capital gains tax but was non-committal on a timeline.

Although unemployment is low, inflation is low and the economy is still growing, the deceleration of the US economy is noticeable in durable goods orders and the purchasing managers index readings.

And besides, how long can the US economy hold out in the midst of global shrinkage in commerce and trade?

However, it does not necessarily follow that what is bad for the economy is good for bitcoin.

If people are losing their jobs, companies stop investing and consumer stop spending, then the feel bad factor will have a knock-on effect on sentiment. That would cast a pall over both traditional and nascent asset classes such as crypto.

But the real question is not so much how bitcoin performs in a recession as the interplay of a global recession with the developing geopolitical tensions.

Fear born of economic insecurity will collide with fears of war, both cold and hot. That feels like it should provide the basis for the continued deployment of the safe haven interpretation of bitcoin value.

Bitcoin against such a back drop could remain well-placed to benefit from the haven status, no matter how unjustified that may be given its volatility. 

However, that’s not how it feels right now with bitcoin battling to keep its head above $10,000. Up against gold, bitcoin is, let’s say, a safe haven that is still proving its worth, as opposed to gold having established its trusted store of value status over millennia.

Does that mean abandoned the safe haven theses or instead revise it? It should revised – or emphasised – to apply in a setting which it competes with other haven assets. So when yield curves are inverting – where it becomes cheaper to lend for longer terms compared to shorter terms (a reversal of the norm), that’s a powerful signal not just of recession ahead but of the level of fear.

Bitcoin could not compete with those avalanche-like flows into fixed income. More than that, the recent run-up to $13,800 is still unravelling weeks later as the price struggles to establish a baseline at $10,000.

Bitcoin and the Thucydides trap 

It is difficult to ignore just how dangerous the international outlook is.

As we mentioned yesterday, the US would likely give the green light for the sale of the F-16 fighter to Taiwan, a US ally that China considers to be a renegade province. That has now happened. The Hong Kong protest movement continues on a line of march towards confrontation with mainland forces.

Thucydides wrote the History of the Peloponnesian War 

Recent news of US deficiencies in hypersonic vehicles, in which both Russia and especially China have a substantial lead, underscores for the more hawkish elements in the US the imperative to escape the Thucydides Trap.

The ancient Greek Thucydides wrote upon how Spartan fears about the rising power of Athens made war between the two inevitable.

And in China itself, the nightmare scenario for the rulers is that the Hong Kong revolution becomes an example that other cities and regions follow. 

The advantages in the portability of bitcoin digital gold will not be lost on Chinese investors seeking out a “weightless” currency to store their value in.

Protest might seem n unlikely response by the working people of China, but they have shown themselves perfectly capable of striking over unpaid wages and poor pay or to defend jobs. Expect the pressures of the stand-off with the US and a slowing economy as part of a wider global downturn, to bear down on the Chinese leadership. 

Also, Jerome Powell at the Fed may be running out of road as far as policy tools go but he’s not alone among the central bankers in that respect. 

In Japan nothing has worked to kickstart the country’s economy out of two decades of stagnation, while in Europe the European Central Bank is going to start buying bonds again, despite QEs negligible impact on the productive capacity of the eurozone last time round.

Libra still a positive for crypto

Libra has got central bank digital currencies CBDCs moving rapidly up the agenda; it has also added to the rush to issue stablecoins too. 

Sure, the Libra pushback has the danger of impacting crypto more widely but the Pomp is surely right to say we should’t overstate that. Instead, Facebook’s Libra project is a net positive in the way that it points to a future that many corporations think they need to be a part of.

The fight over which bloc will come out on top in the digital payments race is on, with China jolted by Libra as it looks to guard its lead in the space.

Europe looks like the also-ran in all this. It lacks a homegrown tech success story to rival Facebook, Google or Apple. 

From once leading in mobile telephony, the EU has slipped behind. Although mobile payments is well established in Europe and much more advanced than in the US, the EU has not grown a Venmo, Pay Pal or WeChat. 

And despite worries about Libra, central banks are open to developing distributed ledger technology to improve efficiency and reduce costs. 

With China rumoured to be close to launching a CBDC of some sort, the day is drawing nearer when bitcoin will be stored in the vaults of the Bank of England.

Keep buying the dips?

Source link

[bitcoingape]

Bitcoin Rebuffed at $11,000 But Still In Bull Territory

New Post has been published on http://bitcoingape.com/bitcoin-rebuffed-at-11000-but-still-in-bull-territory/

Bitcoin Rebuffed at $11,000 But Still In Bull Territory

Bitcoin has failed the $11,000 test again although it was a pretty half-hearted attempt.

Touching $10,948 on Coinbase, the price quickly retreated to currently trade at .

Just as the 200 MA on the day chart is providing support, it is the 4-hour 200 MA that s the resistance that could prove a hard nut for the bitcoin bulls to crack.

Bitcoin is $1,000 higher since the news  broke of Bakkt bitcoin futures going live on 23 September.

That Bakkt bump looks like it could be running out of breath in the short-term.

Wall Street analyst Thomas Lee, co-founder of FundStrat noted the attack on 11,000 seemed to confirm that tripe tops do happen, but he “boom of the third top ha since sagged.

BOOM! #Bitcoin again showing there is no such thing as a 'triple top'

– Bounced against 200mavg (4hr) and moved up decisively.

– Interesting global tensions de-escalating, but $BTC up.

DISCLAIMER: Not a TA, so apologies for amateur use of 'triple top'#cryptowinterisover#BTFD pic.twitter.com/2OkIlZdXPG

— Thomas Lee (@fundstrat) August 19, 2019

He also noted yesterday that bitcoin was up despite subsiding global tensions: “Interesting global tensions de-escalating, but $BTC up.”

You can just hear them now at FT Alphaville – “they cheer the geopolitical turmoil as causative when bitcoin is up, and when it is down too”.

Trade optimism likely misplaced

So what gives?

Actually, although there is a return of trade optimism, but we should know by now that might only last as long as president Trump’s next tweet.

Alternatively, the optimism is based on a mirage, which seems likely.

Yes, Hong Kong violence has abated, but the mass demonstration of reportedly 1.7 million people is perhaps more a of a headache for the Chinese state than being allowed to pursue the “violent radical rioters” narrative, which seemed to be nearing the point of no return as far as military intervention goes.

The US and China trade representatives are going to meet soon too, but with Huawei proclaiming today that the trade dispute is a mortal threat to its prospects and China complaining loudly about the US threatening to station missiles in Asian countries and selling advanced fighter jets to Taiwan, China-US tension is the new normal.

This new cold war will keep bitcoin in rude health.

And in the equity markets participants have been cheered by hopes of a steeper interest rate cut to come than the Fed would like and murmurs from German politicians about stimulus spending as the engine of the European economy – Germany – teeters on the brink of recession.

Bitcoin still in bull territory

For a bit of perspective, Peter Brandt showed on 15 August, that bitcoin was still very much in the territory of the 2015-17 bull market as it was still trading above its moving average.

Bitcoin remains above the pace of its 2015-2017 bull run (for now). The 2015-2017 trend tested its trend MA multiple times (green arrows). The current trend has yet to do so. $BTC.

Bitcoin remains above the pace of its 2015-2017 bull run (for now). The 2015-2017 trend tested its trend MA multiple times (green arrows). The current trend has yet to do so. $BTC. pic.twitter.com/0KWR1I4Ax5

— Peter Brandt (@PeterLBrandt) August 14, 2019

Also, as the stablecoin wars hots up, expect to see established tech players joining Facebook.

But it is from within that the latest stablecoin project has stormed on to the stage – Venus, the regional stablecoin family from Binance.

This activity, by Binance and others, is likely to generate positive news flow going forward.

And with the hashrate continuing to grow, the price will follow as crypto booster and ardent critic of mainstream finance Max Keiser would have it.

The 100-day MA on the 1-day chart is providing strong support that suggests a drop to 8,500 is on the back burner for now. That could change if the Bakkt bounce fades

(Chart courtesy TradingView)

@bitcoin parts ways with Bitcoin Cash

Everyone’s been talking about the latest faketoshi “Satoshi Reveal’s”  and @bitcoin parting ways with Bitcoin Cash.

So, we leave you with some thoughts from Charlie Lee:

I have no proof of this, but I think the owner of @bitcoin must have had a romantic relationship with Roger Ver and recently broke up with Roger. That's the only thing that can explain why @bitcoin stopped supporting BCH.

— Charlie Lee [LTC⚡] (@SatoshiLite) August 20, 2019

Source link

[bitcoingape]

Hong Kong Bank Run & Bitcoin

New Post has been published on http://bitcoingape.com/hong-kong-bank-run-bitcoin/

Hong Kong Bank Run & Bitcoin

Hong Kong Bank Run & Bitcoin

https://www.youtube.com/attribution_link?a=KdNf1HurkKk&u=%2Fwatch%3Fv%3DAWGHz057sig%26feature%3Dshare View Source