MicroStrategy CEO: „Bitcoin is like LeBron James

MicroStrategy CEO Michael Saylor compares the development of Bitcoin to that of basketball star LeBron James.

In an interview with German financial expert and non-fiction author Marc Friedrich, MicroStrategy CEO Michael Saylor emphasised that the criticism of Bitcoin (BTC), which was still valid in 2015 and 2017, is now no longer valid.

Since 2017, Bitcoin has made significant progress Bitcoin News Trader in terms of infrastructure, fundamentals and adoption. In addition, and probably for this very reason, more and more institutional investors have invested in BTC this year as a store of value and a hedge against inflation.

While 2017 was still cited as a major criticism that the crypto currency would fluctuate too much and could possibly fall to zero, Saylor sees the development over the past three years as a sufficient counter-argument that this criticism will fizzle out.

The head of MicroStrategy exemplifies this with the successful basketball player LeBron James, who is repeatedly traded as the heir to the legendary Michael Jordan. As Saylor points out in his analogy, even James, despite his great talent, would have had to go through a process of maturation before success could be achieved:

„I also think it is important to address the concerns and concerns of those in the crypto community who fear that Bitcoin is too risky, too volatile or could even go to zero. These people are still living in 2012, 2015 or 2017, and I will respond to them with this example: LeBron James already played basketball between the ages of 9 and 18, when he was very talented but volatile and volatile. Then, when he grew up, he destroyed every one of his opponents between the ages of 18 and 28“.

Tonight 7pm CET @michael_saylor from @MicroStrategy about #bitcoin, #bitcoin, #bitcoin, #gold, #xrp and much more (mostly #bitcoin).

Tune in: https://t.co/L9PMOtdcKR pic.twitter.com/2itjTLaZAh
– marrrrrrc friedrich (@marcfriedrich7) December 3, 2020

One of the most important developments Bitcoin has made since 2017 is the significant expansion of the market.

While three years ago, crypto trading platforms such as BitMEX, which specialise in private investors, dominated the derivatives trading market on their own, the picture has changed.

As Cointelegraph reported, the large Chicago Mercantile Exchange (CME) options exchange, which targets institutional investors, now has a trading volume similar to that of crypto-trading platforms for retail investors. For example, CME Bitcoin futures had $1.14 billion of open interest on 4 December, higher than Binance Futures, Bybit, Huobi and BitMEX.

The on-chain data also shows that more and more large transactions are being made on the Bitcoin block chain, further evidence of the increased interest of institutional investors.

According to IntoTheBlock, the number of transactions worth more than $100,000 has doubled in the last two years. From this, the crypto-market researchers conclude, increasing activity by institutions.

Not only has the number of large transactions increased considerably, but also their volume has risen noticeably, the analysts write:

„The number of transactions of over 100,000 US dollars per day on the Bitcoin block chain has more than doubled compared to the previous year. In addition, the total volume moved in these transactions has increased more than six times over the same period“.

The increased interest of the institutions is an important driving force, which on the one hand ensures high capital inflows and on the other hand consolidates the perception of the crypto currency as a legitimate investment product in the mainstream. As Saylor noted in the interview, Bitcoin has thus taken a decisive step that now provides it with the basis for writing a similar success story to LeBron.

Desentralisert kryptokursutveksling Hodl Hodl kunngjorde i dag at utlånstjenesten, Lend at Hodl Hodl, nå er tilgjengelig for kunder i USA.

„Lån på Hodl Hodl er en global, P2P, ikke-depot, bitcoin-støttet utlånsplattform hvor alle kan låne eller låne stabile mynter anonymt på P2P-basis,“ per en kunngjøring delt med Bitcoin Magazine.

Tjenesten lar brukerne opprette en utlånskontrakt og sette inn bitcoin profit som sikkerhet i sperringen direkte fra lommeboken. Långiveren overfører deretter lånebeløpet som er skissert i kontrakten til låntakeren, og når den er tilbakebetalt, frigir långiveren bitcoin tilbake til låntakerens lommebok.

Som en desentralisert utveksling fungerer Hodl Hodl mer som et sikkert mellomledd som letter peer-to-peer (P2P) -bytter mellom brukere. Lend-produktet er en utvidelse av denne ikke-forvaringsmodellen.

„I motsetning til de fleste eksisterende utlånsplattformer lagrer ikke Hodl Hodl brukerens midler, og låser sikkerheten i multisig-sperringen i stedet, med brukere som holder nøklene,“ ifølge kunngjøringen. “Plattformen har også eliminert bruken av fiat, for å unngå eventuelle tilknyttede risikoer. Teamet mener at anonymitet, forvaring og ikke-fiat gjør det til et ekte Bitcoin DeFi-produkt. ”

Dette er det første produktet Hodl Hodl har utvidet til brukere i USA, ifølge børsen.

„Vi har alltid ønsket å betjene amerikanske kunder, men noen problemer har bundet hendene våre,“ sa Max Kei, administrerende direktør i Hodl Hodl i kunngjøringen. “Nå som vi lanserer et Bitcoin DeFi-produkt, vil vi gå utover disse problemene. Vi ser at dette prosjektet gir Bitcoinere over hele verden verdi, derfor fjerner vi grensene. I fremtiden har vi som mål å levere flere produkter til amerikanske brukere. ”

Store medier har erklært Joe Biden som vinner av 2020-valget, og ledet analytikere til å spekulere i hvordan et Biden-presidentskap kan påvirke Bitcoin-prisen i 2021.

7. november var det flere store medier som kunngjorde at Joe Biden hadde klart å sikre nok valgstemmer til å bli den 46. presidenten i USA etter 4 dager med streng telling i viktige slagmarkstater.

Etter hvert som spenningen over et utrolig tett valg begynner å avta, vil analytikere se nærmere på hvordan et Biden-presidentskap kan påvirke tradisjonelle markeder og Bitcoin-pris. Tre viktige faktorer å vurdere er den endelige gjennomgangen av en ny runde med økonomisk stimulans, en styrking av amerikanske dollar og muligheten for et aksjemarkedsgjenoppretting.

Økonomisk stimulans kan drive Bitcoin høyere

Før valget sa USAs president Donald Trump at han hadde til hensikt å utsette stimulusdiskusjoner til etter valget. Følgelig slet demokratene og republikanerne for å komme til enighet om en avtale.

Valget av Biden lyser utsiktene til en stimulansepakke innen årets slutt. Demokrater i den amerikanske kongressen foreslo allerede en stimulansregning på 2,2 billioner dollar i oktober, men den klarte ikke å få støtte i senatet.

Den andre stimulusrunden kan påvirke Bitcoin positivt fordi det avslappet de økonomiske forholdene i USA betydelig. Det vil også løfte den amerikanske økonomien, og i sin tur stimulere investorens appetitt for høyrisikoaktiva.

Oppfatningen av Bitcoin har utviklet seg fra en risiko-aktiva til en safe-haven eiendel og et inflasjonsspill de siste månedene. Til tross for dette er det fortsatt flere tilfeller der Bitcoin-kursen beveger seg i takt med aksjemarkedet, så i fravær av appetitt for risikovillige eiendeler, kan Bitcoin-prisen fortsatt stige.

Stigende amerikansk dollar

Hvis Biden-administrasjonen godkjenner en stimuleringspakke, vil den amerikanske dollaren stige. Eurosonen, som et eksempel, så euro raskt øke etter å ha vedtatt et stort stimulansforslag.

Amerikanske dollar har underprestert seg mot reservevalutaer siden mars. Følgelig hjalp det gjenopprettingen av gull, Bitcoin og andre alternative butikker av verdi, ettersom de er priset mot dollaren.

Som sådan er det en mulighet for at en andre stimulansrunde og forbedring av investortilliten i utgangspunktet kan ha en positiv innvirkning på prisen på Bitcoin. Det er også viktig å merke seg at styrking av dollar over tid vil kunne legge til ytterligere salgspress på Bitcoin og gull.

Aksjemarkedene kan stige nå når valget er ‚løst‘

Analytikere forventer også at det amerikanske aksjemarkedet vil komme seg etter bekreftelsen av valgresultatet.

Selv om mange analytikere mener at Bidens skatte- og miljøpolitikk til slutt kan føre til et aksjemarkedsfall, er det stor sannsynlighet for at aksjene kan øke på kort sikt.

Aksjemarkedet falt kraftig gjennom hele august og september da analytikere advarte mot et omstridt valg. Det er lite sannsynlig at spekulasjonene rundt valgresultatet har drevet et utsalg på tvers av risikovillige eiendeler.

Snarere fikk frykten for at valget skulle trekke uten en klar vinner at markedene skranglet.

Bitcoin (BTC) is the best reserve asset we’ve ever had and more and more large companies are recognizing that.

Infinite money printing and artificially low interest rates make fiat money anything but valuable.

Over a period of 100 years, it’s only natural that your assets lose 90% of their purchasing power.

This makes bitcoin as a form of money that no one can add to for companies with a large reserve. At the time of writing, 3.6% of all Bitcoin Era scamis already on the balance sheet of some large companies.
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Enormous potential for bitcoin as a reserve asset

At the top of the list of companies with bitcoin on the balance sheet are MicroStrategy (38 thousand bitcoin) and Galaxy Digital (16 thousand bitcoin). Although the amounts involved are enormous, it’s a drop in the ocean if we look at the largest companies in the world.

Nine companies in the S&P 500 alone are sitting on a mountain of $600 billion in short-term investments and cash. If these companies invest only 5% of that amount ($30 billion) in bitcoin then the price could easily go over 5 times.

Bitcoin now has a market cap of over $200 billion, but don’t forget that there is only a small amount of bitcoin for sale. Once these get into the hands of hodlers, the price can go very quickly.

Bitcoin doesn’t belong to the establishment, but its potential is enormous.

Most companies still see bitcoin as an alternative investment, but that doesn’t diminish its potential. According to Fidelity, the alternative investment market grew to $13.4 trillion by the end of 2018.

Even if a small portion of that money were to go towards bitcoin, the price is likely to go through the roof. To understand why bitcoin is so interesting for companies, we need to take a theory by Michael Saylor.

„A good way to evaluate an investment is to grab $100 million, fast forward 100 years and ask yourself what would happen. If I had $100 million in trust money in the year 1900 and stole it from a major bank, I would be exposed to two risks; the risk of the bank collapsing and inflation. Virtually every major bank falls over a 100 year period. Combine that with inflation and you have a 90% chance of losing everything.

Bitcoin doesn’t know these dangers and that makes the digital currency an interesting alternative to store your assets, says Saylor.

Litecoin ist der Cardano-Partnerschaft und der „Samtenen Gabel“ einen Schritt näher gekommen

Zwei Top-Ten-Blockketten könnten sich für eine kettenübergreifende Kompatibilität zusammenschließen.

• Litecoin bereitet sich darauf vor, mit Cardano an einer „Samtgabel“ zu arbeiten.
• Diese Abspaltung wird mehrere Funktionen hinzufügen, darunter die kettenübergreifende Fondsabrechnung, intelligente Verträge und verbesserte Skalierbarkeit.
• Es ist noch nicht sicher, dass Litecoin diese Pläne vorantreiben wird.

Litecoin bereitet sich auf eine Zusammenarbeit mit Cardano und Bitcoin Evolution im Bereich der kettenübergreifenden Interoperabilität vor, so ein Blog-Beitrag von David Schwartz, Projektdirektor der Litecoin Foundation.

Samtene Gabel unter Berücksichtigung

Schwartz sagt, dass Charles Hoskinson, der Schöpfer von Cardano, den Litecoin-Gründer Charlie Lee im Juli zur Zusammenarbeit bei der Interoperabilität von Blockketten eingeladen hat.

Hoskinson schrieb ursprünglich auf Twitter:

Seitdem hat Schwartz mehrere Gespräche mit dem Cardano-Team darüber geführt, was die Zusammenarbeit bewirken würde.

Er sagt, dass die Abspaltung eine kettenübergreifende Zahlungsabwicklung zwischen Cardano und Litecoin ermöglichen würde. Es würde auch die Skalierbarkeit von Litecoin verbessern und die Unterstützung für intelligente Verträge einführen.

Das vorgeschlagene Upgrade wird als „Samtgabel“ bezeichnet, weil es weder eine harte noch eine weiche Gabelung ist; stattdessen ist es optional, und es besteht keine Notwendigkeit für einen Konsens. Die Bergarbeiter werden weiterhin das Litecoin-Netzwerk bedienen können, unabhängig davon, ob sie das Upgrade installieren oder nicht.

Der Fork verwendet ein System namens „Non-Interactive Proofs of Work“ (NiPoPoWs), das unter anderem die Verifizierung von Blöcken über verschiedene Blockkettennetzwerke hinweg ermöglicht.

Wird Litecoin das Feature hinzufügen?

Es ist nicht sicher, dass das Upgrade implementiert wird. Das Hinzufügen des Features birgt einige Risiken, und Schwartz bemerkt, dass „eine ernsthafte und offene Diskussion über alle Aspekte eines solchen Schrittes für Litecoin erforderlich ist“.

Er sagt, dass die Frage nicht nur für Entwickler und Bergleute, sondern auch für die gesamte Litecoin-Gemeinschaft gilt.

Obwohl der Vorschlag einige Unterstützung findet, haben sich einige wenige dagegen ausgesprochen. Ein Kommentator schlägt vor, dass, da es sich um einen Vorschlag von Cardano handelt, das Cardano-Team selbst an der Implementierung von Cross-Chain Swaps arbeiten sollte.

Ein anderer Kommentator argumentiert, dass „Litecoin für sich allein stehen muss und nicht huckepack mit Cardano“.

Es gibt jedoch einen Präzedenzfall für eine Partnerschaft zwischen Blockkettenprojekten. Litecoin arbeitet derzeit bei privaten Transaktionen mit David Burkett von Grin’s David Burkett zusammen. Obwohl die „Samtgabel“ eine größere Aufgabe zu sein scheint, scheint eine ähnliche Partnerschaft mit Cardano durchaus plausibel.

Josh Jones‘ famous Bitcoin investor has bought Playboy Enterprise CEO Ben Kohn’s megavilla. Playboy Enterprise is the company that publishes the famous PlayBoy magazine.

According to Variety, its CEO, Ben Kohn, had begun construction of the maxi villa in Brentwood, Los Angeles. In recent months, however, he changed his mind and decided not to live there anymore, putting it on the market for 30 million dollars. After contacts with Justin Bieber and Haley Baldwin, Josh Jones finally won the property and paid $25.8 million for it.

The house is a 2800 square metre complex with an outdoor garden overlooking Bitcoin Trader a hillside and boasts five bedrooms in addition to the kitchen, living room and dining room. The outside part, as big as a football field, boasts an autodrome and a swimming pool with a lane.

The house must have impressed Josh Jones, who became famous for creating the Dreamhost hosting service in 1996.

Josh Jones and Bitcoin
Josh Jones has also become known for being one of the first to believe and invest in Bitcoin.

In 2012, when few people knew Bitcoin, he founded Bitcoin Builder, to raise awareness of what would become the queen of cryptocurrency and help people invest in it. Later, Bitcoin Builder’s services expanded to provide assistance with taxes and political donations. In fact, Bitcoin Builder took care of the Mt Gox case, providing support.

But there is a very specific reason: he was also the victim of the hack and the disappearance of the exchange’s funds, and is currently one of the most illustrious and „heavy“ creditors of the deceased exchange.

His misfortune with cryptocurrency was repeated in February 2020 when he lost Bitcoin and Bitcoin Cash for a total of $45 million due to the hack of his sim card.

His involvement became clear when under a nickname he published a request for help on Reddit, begging BCH’s miners not to validate the transaction. That nickname, however, was linked to his Twitter account.

Investigating it also revealed that it was the second major loss for Jones, after the MtGox hack that would have cost him 43,000 Bitcoins, or $43 million total.

However, it seems that his fortune has not experienced a crisis, as demonstrated by the purchase of the $25.8 million villa.

After all, Joshua Jones believed in Bitcoin when the cryptocurrency was only worth a few hundred dollars. Today its value has increased by 100 times, which confirms that his investment at the time was fully successful, and that perhaps not even the losses have affected him.

Translated with www.DeepL.com/Translator (free version)

Kilpailu Euroopan salauspörssimarkkinoilla on tulossa kiihtyvämmäksi, kun Itävallassa toimiva digitaalinen sijoitusalusta Bitpanda ilmoitti saavansa 52 miljoonan dollarin investoinnin tukemaan laajentumistaan ​​vanhalla mantereella.

Yhtiö ilmoitti sulkevansa „Euroopan suurimman A-sarjan rahoituskierroksen 2020“ turvaamalla investoinnin kierrokselle, jota johtaa New Yorkissa toimiva Valar Ventures -yritysyritys, jonka on perustanut PayPalin perustaja Peter Thiel

„Tavoitteenamme on tulla johtavaksi sijoitus- ja kaupankäyntialustaksi Euroopassa, ei vain kaupankäynnissä jo perehtyneille ihmisille, vaan kaikille. Tämä rahoitus auttaa meitä tekemään juuri tämän ja jatkossakin rekrytoimaan joitain maailman johtavia lahjakkuus tiimillemme „, Eric Demuth, Bitcoin Trader perustaja ja toimitusjohtaja, lainattiin lehdistötiedotteessa.

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Vuonna 2014 perustettu Bitpanda sanoi, että se on jo laajentunut Ranskaan, Espanjaan ja Turkkiin vuonna 2020 ja tulee uusille, määrittelemättömille Euroopan markkinoille tänä ja ensi vuonna. Yhtiön tavoitteena on lisätä henkilöstöään nykyisestä 230: sta 300: een tämän vuoden loppuun mennessä.

Digitaalisiin hyödykkeisiin ja jalometallikauppaan keskittynyt foorumi väittää, että sillä on yli 1,3 miljoonaa käyttäjää, joilla on pääsy 44 sijoitusomaisuuteen. Lisäksi yhtiö ilmoitti aloittaneensa maksu- ja säästöalustoja tänä vuonna ja käyttävän uutta rahoitusta „innovatiivisempien tapojen kauppa- ja sijoituspalveluihin“ rakentamiseksi.

Yhtiö operoi myös ammattilaisille ja instituutioille suunnattua salausvaihtoa Bitpanda Pro . Kirjoitushetkellä 24 tunnin kaupankäyntivolyymi tällä alustalla ylitti 2 miljoonan dollarin.

Bitpanda tarjoaa käyttäjilleen Bitpanda Ecosystem Token (BEST). Se käy kauppaa 0,09 dollarilla ja on muuttumaton päivässä (08:26 UTC).