Every Bitcoin Metric Is Trending Up. Change My Mind.




All 7-Eleven Stores Across the Philippines Now Sell Bitcoin. The number of bitcoin addresses with at least 0.001, 0.1 and 1 BTC continue to increase–outpacing the growing supply.

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The number of #Bitcoin ATMs from September 2016 to September 2019 has increased by over 500%

Is there any process – bounded by physical constraints – that has grown at the pace of Bitcoin’s hashrate in the last decade? We’re talking 0 to 100 quintillion. It’s preposterous, even on a log chart

The number of bitcoin addresses with at least 0.001, 0.1 and 1 BTC continue to increase–outpacing the growing supply.

The Fed pumps another $75 billion into markets and says more cash is on the way
https://markets.businessinsider.com/news/stocks/fed-repo-injects-another-75-billion-into-market-4th-day-2019-9-1028541586

Argentina’s Central Bank to Increase Peso Supply by 5% in 2 Months
https://cointelegraph.com/news/argentinas-central-bank-to-increase-peso-supply-by-5-in-2-months

Bitcoin Confirmed As New Sleeve Partner
https://www.watfordfc.com/club/bitcoin-confirmed-new-sleeve-partner

All 7-Eleven Stores Across the Philippines Now Sell Bitcoin
https://cointelegraph.com/news/all-7-eleven-stores-across-the-philippines-now-sell-bitcoin

Square Crypto Hires Lightning, Libra Developers for ‘Bitcoin Dream Team’

Square Crypto Hires Lightning, Libra Developers for ‘Bitcoin Dream Team’

Iranian Government Proposes Annual License for Bitcoin and Crypto Miners
https://finance.yahoo.com/news/iranian-government-proposes-annual-license-184518451.html

Binance Asks for $300,000 and 3% of Coin Supply to List DigiByte, Says Founder

Binance Asks for $300,000 and 3% of Coin Supply to List DigiByte, Says Founder

They wanted $300,000 and 3% of all DGB for ”insurance for their customers against blockchain hacks & defects” to list $DGB

CME Group Is Launching Bitcoin Options Early in 2020

CME Group Is Launching Bitcoin Options Early in 2020

BITCOIN, ETHEREUM ENJOY HIGHEST DEMAND COMPARED TO OTHERS

Bitcoin, Ethereum Enjoy Highest Demand Compared to Others

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40 Comments

  1. Not seeing it. I have always been long term bullish. But I no longer believe it will go to the Moon. I suspect geopolitical risks will push the price down. There will be a competitor supported by most countries to facilitate trade after the US isolates China. The effect of this will be hard to predict but most likely negative. Waiting for a bigger dip.

  2. it can't be diluted by the govermnet but it is still not that familiar for some people but hopefully in near future btc will get mass adoption by simple people as well.

  3. Something is happening with islamic countries. They seem to be accepting bitcoin first.
    While I dislike islam vehemently, there is one thing I agree with, and that’t their hatred of interest-based lending.
    This might be why they’re adopting it, and certainly makes things interesting for western nations.

  4. My love for cryptos and the technology behind them is huge I really wish I didn't get so stuck on just holding XRP for so long and actually made more money when I realized that buying loads of coins for a future that could moon or completely dip and cost me my Holding. Well, I stopped and moved to btc with a pro miss Nancy Berman Epstein cos I wasn’t HODling again i started making hella profits as much as $20,000 a month …look her up and research for a more direct way to get through to her

  5. Love your channel! I'm so happy I got into this (and had to learn some hard lessons along the way) back at the end of 2017. I'm 72 this year and am hoping things take off before I'm too old to appreciate the money I'll have. ;o) Otherwise, it'll just be gone, since I have no children or anyone who gives a crap about cryptos. :oP

  6. I heard bitmain wanted btc to look good to sell their new miners. That’s why hashrate gone up along with the price. Than they dumped and Bakkt is just another money grab by fees

  7. Cryptocurrency investment is currently one of the best investment practices anyone can engage in. But before you invest in cryptocurrency, always make sure you understand the concept behind it and the benefits you stand to gain. Many people missed the opportunity to hold more bitcoin at its early stage, and even in this 2019 when Bitcoin dropped down to $3200+ so many people didn't take advantage of buying to hold more. It's never late to buy now because if you miss buying now and expecting to buy in the coming year, you will surely be shocked at the price it will be then. As an investor I will outrightly say, hold more Bitcoin, because with that you will be among the major elite of the bitcoin industry. I bought into Bitcoin February 2019 with the advice of a pro trader, and he equally helped me to trade to hold more. Now I am holding some good amount of bitcoin which I never thought I would get. If you are an early adopter or a new investor and you are looking for a way on how to trade and hold more bitcoin, why not do so now by contacting Nyberg Hansson via nyberghansson@gmailcom and WhatsApp +447723292381, and surely he will give you the step by step guide on how to get started.

  8. Here:
    TRANSACTIONS capacity is not going up, and never will because, you know… there is no scaling of BTC as dictated by the Blockstream's people. So, did I change your mind now? Do you have enough decency to admit it? BTC is a shitcoin, nothing but a Ponzi scheme, and the network capacity is the only thing that can keep it alive long term. The hashrate is not a good indicator, the price is neither, and adoption is actually non existent. Exchanges and trading is not adoption, adoption is increase of on-chain utility, as Bitcoin is a blockchain, not off-chain… do you get it? Of course you don't… you are just one of the many BTC shills and you are part of the problem as you have been acting as propaganda parrot and misinforming people.
    BTC is a Ponzi… all empty promises and HYPE only… and you are doing it also.

  9. “When you decide to be the immovable object standing in front of the unstoppable force, you'd better pray that you're right about being immovable, and they're wrong about being unstoppable.' 'Otherwise, you'll wind up like a bug on a windshield.”

  10. Well a lot of signs are pointing to Some countries reevaluating their their currency, so I bought some Iraqi Dinar and Vietnamese Dong recently just in case.

  11. You know what I really think ? We've become all way too biased by god damn wishful thinking.

    It hit me today. Like I suddenly came back to my senses…

    Regardless of all these news in the background (I have read the same crap everyday for the past 3 months). Who cares you'll be able to buy burgers or coffee at starbucks next year ? Do we wanna pay coffee with BTC ? No. Just like no one ever paid coffee with gold coins. We want to invest and make some money. Let's be real here.
    Bitcoin is now everywhere even on TV. And what does that do ? NOTHING, No one gives a shit.

    Every hodler is here to talk about the 100k BTC, but who is addressing the intrinsic scalability issues in the news for example ? Lightning Network my ass. That's not a solution, just like painkillers don't heal you.

    Who wants to buy more BTC at f*cking 10k when they remember they could have bought for much less a few months ago ?

    Bakkt will open in a few minutes. Are the institutions dumb enough to buy at 10k just for our satisfaction ? No…

    They'll be dumping some of their gigantic bags they accumulated, and wait for the average joe to slice his wrists after a gust of astronomic red candles looking like they're coming directly from hell.
    Meanwhile JP Morgan and the other colossus will refill while watching their CEO Jamie Dimon trashing the BTC some more, and laughing their ass off.

    Peter Schiff is right. The last holders are waiting to dump their bags and get their Lambo. Not change the world and fight Wall Street or any of that hippie bullshit. Except they won't…. because there are no more FOMO monkeys on the buyers side who want to join the BTC arena and get annihilated like in 2017.

  12. price goes to 14k people say man i should have bought some, wish it would go back to 9-10….it does go back to 9-10 they say oh wow it's going down i better not..i'll buy lower..right about then it rallies

  13. I live in Manila. 711 DOES NOT sell bitcoin. 711 just accepts the payment for the abra app, then you have to go buy from the abra app. You have to have an abra account. 711 in the philippines accepts payments for a lot of other businesses and even for bills payments.

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