Bitcoin Converter: BTC/mBTC/Bits/Satoshis/USD/EUR/ETH/LTC/MORE

I just bought 50 Bitcoin (BCH) ATM machines for a bit under half a million dollars. Thanks to our purchase the manufacturer has agreed to roll out BCH support to their existing 1000+ machines world wide! -- Roger Ver

I just bought 50 Bitcoin (BCH) ATM machines for a bit under half a million dollars. Thanks to our purchase the manufacturer has agreed to roll out BCH support to their existing 1000+ machines world wide! -- Roger Ver submitted by BitcoinArtist to btc [link] [comments]

10-01 20:33 - 'Checkout This New Free Cryptocurrency News/Video Aggregator - Click on any currency, topic or 1 of 1000s of tags to get a custom rss feed and news portal with direct links to over 180 cryptocurrency news/vide...' (bitdaily.com) by /u/Bit_Daily removed from /r/Bitcoin within 128-138min

Checkout This New Free Cryptocurrency News/Video Aggregator - Click on any currency, topic or 1 of 1000s of tags to get a custom rss feed and news portal with direct links to over 180 cryptocurrency news/video sources
Go1dfish undelete link
unreddit undelete link
Author: Bit_Daily
submitted by removalbot to removalbot [link] [comments]

Bitcoin.com article is trying to spread confusion about BIP-176, claiming that 1 BTC = 1000 bits instead of 1000000.

Bitcoin.com article is trying to spread confusion about BIP-176, claiming that 1 BTC = 1000 bits instead of 1000000. submitted by farsightxr20 to Bitcoin [link] [comments]

Tipping / Giving Tuesday - First 1000 comments get free bitcoin! Minimum tip today is 200 bits thanks to SirBitts donation yesterday!

SOME TIPPING SUGGESTIONS
Will do it like last time... Those of you who submit great charities or causes that need donations will receive higher gifts from me and have it added to this text! :D
Those of you who just want the charity of your own pockets to expand still say Hi :) 200-1000 bits for the first 1000 comments!
### PLEASE CONSIDER PASSING MY TIPS ON TO OTHERS OR CHARITIES :D ###

Charities Accepting Bitcoins

No Bitcoins? Help these Charities

submitted by AnalyzerX7 to Bitcoin [link] [comments]

AXA/Blockstream are suppressing Bitcoin price at 1000 bits = 1 USD. If 1 bit = 1 USD, then Bitcoin's market cap would be 15 trillion USD - close to the 82 trillion USD of "money" in the world. With Bitcoin Unlimited, we can get to 1 bit = 1 USD on-chain with 32MB blocksize ("Million-Dollar Bitcoin")

TL;DR:
~ YouDoTheMath u/ydtm
Details:
(1) Who is AXA? Why and how would they want to suppress the Bitcoin price?
Blockstream is now controlled by the Bilderberg Group - seriously! AXA Strategic Ventures, co-lead investor for Blockstream's $55 million financing round, is the investment arm of French insurance giant AXA Group - whose CEO Henri de Castries has been chairman of the Bilderberg Group since 2012.
https://np.reddit.com/btc/comments/47zfzt/blockstream_is_now_controlled_by_the_bilderberg/
If Bitcoin becomes a major currency, then tens of trillions of dollars on the "legacy ledger of fantasy fiat" will evaporate, destroying AXA, whose CEO is head of the Bilderbergers. This is the real reason why AXA bought Blockstream: to artificially suppress Bitcoin volume and price with 1MB blocks.
https://np.reddit.com/btc/comments/4r2pw5/if_bitcoin_becomes_a_major_currency_then_tens_of/
The insurance company with the biggest exposure to the 1.2 quadrillion dollar (ie, 1200 TRILLION dollar) derivatives casino is AXA. Yeah, that AXA, the company whose CEO is head of the Bilderberg Group, and whose "venture capital" arm bought out Bitcoin development by "investing" in Blockstream.
https://np.reddit.com/btc/comments/4k1r7v/the_insurance_company_with_the_biggest_exposure/
Greg Maxwell used to have intelligent, nuanced opinions about "max blocksize", until he started getting paid by AXA, whose CEO is head of the Bilderberg Group - the legacy financial elite which Bitcoin aims to disintermediate. Greg always refuses to address this massive conflict of interest. Why?
https://np.reddit.com/btc/comments/4mlo0z/greg_maxwell_used_to_have_intelligent_nuanced/
Who owns the world? (1) Barclays, (2) AXA, (3) State Street Bank. (Infographic in German - but you can understand it without knowing much German: "Wem gehört die Welt?" = "Who owns the world?") AXA is the #2 company with the most economic poweconnections in the world. And AXA owns Blockstream.
https://np.reddit.com/btc/comments/5btu02/who_owns_the_world_1_barclays_2_axa_3_state/
(2) What evidence do we have that Core and AXA-owned Blockstream are actually impacting (suppressing) the Bitcoin price?
This trader's price & volume graph / model predicted that we should be over $10,000 USD/BTC by now. The model broke in late 2014 - when AXA-funded Blockstream was founded, and started spreading propaganda and crippleware, centrally imposing artificially tiny blocksize to suppress the volume & price.
https://np.reddit.com/btc/comments/5obe2m/this_traders_price_volume_graph_model_predicted/
This graph shows Bitcoin price and volume (ie, blocksize of transactions on the blockchain) rising hand-in-hand in 2011-2014. In 2015, Core/Blockstream tried to artificially freeze the blocksize - and artificially froze the price. Bitcoin Classic will allow volume - and price - to freely rise again.
https://np.reddit.com/btc/comments/44xrw4/this_graph_shows_bitcoin_price_and_volume_ie/
Also see a similar graph in u/Peter__R's recent article on Medium - where the graph clearly shows the same Bitcoin price suppression - ie price uncoupling from adoption and dipping below the previous tightly correlated trend - starting right at that fateful moment when Blockstream came on the scene and told Bitcoiners that we can't have nice things anymore like on-chain scaling and increasing adoption and price: late 2014.
Graph - Visualizing Metcalfe's Law: The relationship between Bitcoin's market cap and the square of the number of transactions
https://np.reddit.com/btc/comments/574l2q/graph_visualizing_metcalfes_law_the_relationship/
Bitcoin has its own E = mc2 law: Market capitalization is proportional to the square of the number of transactions. But, since the number of transactions is proportional to the (actual) blocksize, then Blockstream's artificial blocksize limit is creating an artificial market capitalization limit!
https://np.reddit.com/btc/comments/4dfb3bitcoin_has_its_own_e_mc2_law_market/
1 BTC = 64 000 USD would be > $1 trillion market cap - versus $7 trillion market cap for gold, and $82 trillion of "money" in the world. Could "pure" Bitcoin get there without SegWit, Lightning, or Bitcoin Unlimited? Metcalfe's Law suggests that 8MB blocks could support a price of 1 BTC = 64 000 USD
https://np.reddit.com/btc/comments/5lzez2/1_btc_64_000_usd_would_be_1_trillion_market_cap/
(3) "But no - they'd never do that!"
Actually - yes, they would. And "they" already are. For years, governments and central bankers have been spending trillions in fiat on wars - and eg suppressing precious metals prices by flooding the market with "fake (paper) gold" and "fake (paper) silver" - to prevent the debt- & war-backed PetroDollar from collapsing.
The owners of Blockstream are spending $76 million to do a "controlled demolition" of Bitcoin by manipulating the Core devs & the Chinese miners. This is cheap compared to the $ trillions spent on the wars on Iraq & Libya - who also defied the Fed / PetroDollar / BIS private central banking cartel.
https://np.reddit.com/btc/comments/5q6kjo/the_owners_of_blockstream_are_spending_76_million/
JPMorgan suppresses gold & silver prices to prop up the USDollar - via "naked short selling" of GLD & SLV ETFs. Now AXA (which owns $94 million of JPMorgan stock) may be trying to suppress Bitcoin price - via tiny blocks. But AXA will fail - because the market will always "maximize coinholder value"
https://np.reddit.com/btc/comments/4vjne5/jpmorgan_suppresses_gold_silver_prices_to_prop_up/
Why did Blockstream CTO u/nullc Greg Maxwell risk being exposed as a fraud, by lying about basic math? He tried to convince people that Bitcoin does not obey Metcalfe's Law (claiming that Bitcoin price & volume are not correlated, when they obviously are). Why is this lie so precious to him?
https://np.reddit.com/btc/comments/57dsgz/why_did_blockstream_cto_unullc_greg_maxwell_risk/
If you had $75 million invested in Blockstream, and you saw that stubbornly freezing the blocksize at 1 MB for the next year was clogging up the network and could kill the currency before LN even had a chance to roll out, wouldn't you support an immediate increase to 2 MB to protect your investment?
https://np.reddit.com/btc/comments/48xm28/if_you_had_75_million_invested_in_blockstream_and/
[Tinfoil] What do these seven countries have in common? (Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran) In the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS).
https://np.reddit.com/bitcoin_uncensored/comments/3yits0/tinfoil_what_do_these_seven_countries_have_in/
(4) What can we do to fight back and let Bitcoin's price continue to rise again?
  • Reject the Central Blocksize Planners at Core/Blockstream - and the censors at r\bitcoin.
  • Install Bitcoin Unlimited, which supports market-based blocksize in accordance with Satoshi's original vision.
  • Be patient - and persistent - and decentralized - and Bitcoin will inevitably win.
The moderators of r\bitcoin have now removed a post which was just quotes by Satoshi Nakamoto.
https://np.reddit.com/btc/comments/49l4uh/the_moderators_of_rbitcoin_have_now_removed_a/
"Notice how anyone who has even remotely supported on-chain scaling has been censored, hounded, DDoS'd, attacked, slandered & removed from any area of Core influence. Community, business, Hearn, Gavin, Jeff, XT, Classic, Coinbase, Unlimited, ViaBTC, Ver, Jihan, Bitcoin.com, btc" ~ u/randy-lawnmole
https://np.reddit.com/btc/comments/5omufj/notice_how_anyone_who_has_even_remotely_supported/
"I was initially in the small block camp. My worry was decentralization & node count going down as a result. But when Core refused to increase the limit to 4MB, which at the time no Core developer thought would have a negative effect, except Luke-Jr, I began to see ulterior motives." u/majorpaynei86
https://np.reddit.com/btc/comments/5748kb/i_was_initially_in_the_small_block_camp_my_worry/
Satoshi Nakamoto, October 04, 2010, 07:48:40 PM "It can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit / It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete."
https://np.reddit.com/btc/comments/3wo9pb/satoshi_nakamoto_october_04_2010_074840_pm_it_can/
The debate is not "SHOULD THE BLOCKSIZE BE 1MB VERSUS 1.7MB?". The debate is: "WHO SHOULD DECIDE THE BLOCKSIZE?" (1) Should an obsolete temporary anti-spam hack freeze blocks at 1MB? (2) Should a centralized dev team soft-fork the blocksize to 1.7MB? (3) OR SHOULD THE MARKET DECIDE THE BLOCKSIZE?
https://np.reddit.com/btc/comments/5pcpec/the_debate_is_not_should_the_blocksize_be_1mb/
"Bitcoin Unlimited ... makes it more convenient for miners and nodes to adjust the blocksize cap settings through a GUI menu, so users don't have to mod the Core code themselves (like some do now). There would be no reliance on Core (or XT) to determine 'from on high' what the options are." - ZB
https://np.reddit.com/btc/comments/3zki3h/bitcoin_unlimited_makes_it_more_convenient_fo
Bitcoin Unlimited is the real Bitcoin, in line with Satoshi's vision. Meanwhile, BlockstreamCoin+RBF+SegWitAsASoftFork+LightningCentralizedHub-OfflineIOUCoin is some kind of weird unrecognizable double-spendable non-consensus-driven fiat-financed offline centralized settlement-only non-P2P "altcoin"
https://np.reddit.com/btc/comments/57brcb/bitcoin_unlimited_is_the_real_bitcoin_in_line/
The Nine Miners of China: "Core is a red herring. Miners have alternative code they can run today that will solve the problem. Choosing not to run it is their fault, and could leave them with warehouses full of expensive heating units and income paid in worthless coins." – tsontar
https://np.reddit.com/btc/comments/3xhejm/the_nine_miners_of_china_core_is_a_red_herring/?st=iz7029hc&sh=c6063b52
ViABTC: "Why I support BU: We should give the question of block size to the free market to decide. It will naturally adjust to ever-improving network & technological constraints. Bitcoin Unlimited guarantees that block size will follow what the Bitcoin network is capable of handling safely."
https://np.reddit.com/btc/comments/574g5l/viabtc_why_i_support_bu_we_should_give_the/
Fun facts about ViaBTC: Founded by expert in distributed, highly concurrent networking from "China's Google". Inspired by Viaweb (first online store, from LISP guru / YCombinator founder Paul Graham). Uses a customized Bitcoin client on high-speed network of clusters in US, Japan, Europe, Hong Kong.
https://np.reddit.com/btc/comments/57e0t8/fun_facts_about_viabtc_founded_by_expert_in/
Bitcoin's specification (eg: Excess Blocksize (EB) & Acceptance Depth (AD), configurable via Bitcoin Unlimited) can, should & always WILL be decided by ALL the miners & users - not by a single FIAT-FUNDED, CENSORSHIP-SUPPORTED dev team (Core/Blockstream) & miner (BitFury) pushing SegWit 1.7MB blocks
https://np.reddit.com/btc/comments/5u1r2d/bitcoins_specification_eg_excess_blocksize_eb/
The number of blocks being mined by Bitcoin Unlimited is now getting very close to surpassing the number of blocks being mined by SegWit! More and more people are supporting BU's MARKET-BASED BLOCKSIZE - because BU avoids needless transaction delays and ultimately increases Bitcoin adoption & price!
https://np.reddit.com/btc/comments/5rdhzh/the_number_of_blocks_being_mined_by_bitcoin/
I think the Berlin Wall Principle will end up applying to Blockstream as well: (1) The Berlin Wall took longer than everyone expected to come tumbling down. (2) When it did finally come tumbling down, it happened faster than anyone expected (ie, in a matter of days) - and everyone was shocked.
https://np.reddit.com/btc/comments/4kxtq4/i_think_the_berlin_wall_principle_will_end_up/
submitted by ydtm to btc [link] [comments]

From the journalist who claimed Dorian Nakamoto was Satoshi: "Bitcoin is being monitored by an increasingly wary U.S. government". Apparently Bits-Coin is unstoppable terrorist fuel and not a fragile scam you can make unusable with $1000. If only the NSA had $1000 on hand!

From the journalist who claimed Dorian Nakamoto was Satoshi: submitted by dgerard to Buttcoin [link] [comments]

NEW forum for people who want to talk about Crypto Coins {Bitcoins} and get paid for doing it - 1000 Bits giveaway!!!

OK, I will be giving away a 1000 bits to each person, who signs up to the NEW Crypto currency Business forum.
This forum is different though. You post and like posts and you earn Bitcoins.
I would appreciate it, if you could signup with my ref : http://www.bitbiz.io/rf/?c=WWFH4LYD for me to track, how many people, I brought to the forum.
To claim your 1000 Bits, just post your Username here in this post, and I will reward you for your effort.
Enjoy the forum and earn some extra Bitcoins, whilst you doing it.

I will reward, until my money runs out ;->

Update :
The site has been hacked. *Sob.
I want you to look at the 3 posts, I made in this thread, where I stipulated, my money ran out. People still signed in, even though, I stated, that it's CLOSED.
Thanks to everyone who, signed up for this.
I am not the owner of the site, but will try to keep you updated, if we receive any information on when/if the site will go online again.
At this stage, we have not received any information, on why this has been done.
submitted by Kprawn to FreeBits [link] [comments]

I just bought 50 Bitcoin (BCH) ATM machines for a bit under half a million dollars. Thanks to our purchase the manufacturer has agreed to roll out BCH support to their existing 1000+ machines world wide! -- Roger Ver

I just bought 50 Bitcoin (BCH) ATM machines for a bit under half a million dollars. Thanks to our purchase the manufacturer has agreed to roll out BCH support to their existing 1000+ machines world wide! -- Roger Ver submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] Bitcoin.com article is trying to spread confusion about BIP-176, claiming that 1 BTC = 1000 bits ...

The following post by farsightxr20 is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7oh59n
The original post's content was as follows:
https://news.bitcoin.com/shapeshift-throws-its-support-behind-the-bits-standard-for-measuring-bitcoin/
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Bitcoin tipping is taking off because they are using a new unit that makes tips of .001 btc into 1000 bits. It's apparently fun. Does it sound familiar?

submitted by Proxystarkilla to dogecoin [link] [comments]

Giving out free bitcoin (1000 bits) in Washington Sq Park NYC

Giving out free bitcoin (1000 bits) in Washington Sq Park NYC submitted by solled to Bitcoin [link] [comments]

Bitcoin giveaway to support gardening in New Zealand. supporters get 1000 bits (only 20 000 bits available).

From a grateful visitor to your beautiful country.
If you cant be bothered fighting for your gardening rights. spend it with https://www.cloudbet.com/en/ or https://www.bitrefill.com/
submitted by bitcoinrole to newzealand [link] [comments]

Bitcoin.com article is trying to spread confusion about BIP-176, claiming that 1 BTC = 1000 bits instead of 1000000.

Bitcoin.com article is trying to spread confusion about BIP-176, claiming that 1 BTC = 1000 bits instead of 1000000. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

We should change from bitcoin to just BIT = 1/1000. /r/Bitcoin

We should change from bitcoin to just BIT = 1/1000. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

11-24 14:33 - 'Am I the only one to think a $1000 18th birthday present is a bit excessive?' by /u/midipoet removed from /r/Bitcoin within 54-64min

'''
Am I the only one to think a $1000 18th birthday present is a bit excessive?
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: midipoet
submitted by removalbot to removalbot [link] [comments]

11-13 20:53 - 'My first two posts were removed because I accidentally used an image that showed the Exodus if hashrates went to bit**sh and p**rcoin. / Sad.' by /u/0t15_f1r3fly_1000 removed from /r/Bitcoin within 8-18min

'''
My first two posts were removed because I accidentally used an image that showed the Exodus if hashrates went to bitsh and prcoin.
Sad.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: 0t15_f1r3fly_1000
submitted by removalbot to removalbot [link] [comments]

The unit of bits will not work, Bitcoin Foundation needs to announce a 1000-to-1 split

Right now 1 BTC = 1 Million bits, 100 million Satoshi. That's not going to get us mass adoption, this will simply not work because it only confuses people. The bitcoin foundation needs to announce a 1000-to-1 split. This will make the news and raise more awareness for BTC. This will be a familiar concept for the public to understand since people are used to trading stocks.
  1. If you had 3 BTC before, you now have 3000 BTC
  2. Price per BTC is now $0.40 instead of $400
  3. Total max BTC possible is now 21 Billion instead of 21 Million
This will make BTC more accessible and people will be more inclined to purchase it. No one is going to make the excuse that bitcoin is too expensive. It works for stocks, it will work for Bitcoin.
If there is a day when BTC becomes a true global currency, the foundation can announce another 1000-to-1 split making the total amount of Bitcoin 21 trillion. Satoshis will stay Satoshis and people can say I own 50.74 Bitcoin (50 bitcoins and 74 Satoshis) instead of 50.74 bits which confuses the general public. Let's make this happen, how do we go about it?
submitted by JuryNightFury to Bitcoin [link] [comments]

Giving out free bitcoin (1000 bits/person) in Washington Sq Park NYC

Giving out free bitcoin (1000 bits/person) in Washington Sq Park NYC submitted by solled to BitcoinTV [link] [comments]

I bought $1k of the Top Ten Cryptos on January 1st, 2018. Result? Down -81%

I bought $1k of the Top Ten Cryptos on January 1st, 2018. Result? Down -81%

EXPERIMENT - Tracking Top 10 Cryptos of 2018 - Month 30 - Down -81%
See the full blog post with all the tables here.
Way too long/don't like words: Halfway through 2020 report: Cardano wins for second straight month, BTC still way ahead overall, ETH alone in second place. NEM (poor, poor, NEM) still in basement, down -95% since Jan 2018. Markets still going up despite world on fire. 3 x $1k investments in crypto in 2018, 2019, 2020 are down -10% total. Made a few new tables for your viewing enjoyment.

Month Thirty – Down 81%

After two consecutive strong months, the 2018 Top Ten Crypto Index Fund Portfolio lost some ground in June. In a sea of red, there was one bright spot: Cardano finished the month up +9%.
Only ADA in the green

Question of the month:

The 2018 Crypto Index Fund Experiment began January 1st, 2018. Which of the Top Ten cryptos performed best at the end of year one?

A) Bitcoin B) Ethereum C) Bitcoin Cash D) Stellar
Scroll down for the answer.

Ranking and June Winners and Losers

There was a lot of movement with the 2018 Top Ten group this month. For the second month in a row, Cardano made the most upward progress, climbing two positions to reclaim its spot in the Top Ten at #9. By basically finishing the month flat, IOTA picked up one spot in the standings as well. Heading the other direction, XRP, NEM, Dash, and Stellar each fell one place in the rankings.
Thanks to Cardano’s strong month, the overall drop out rate shrank to 40%. In other words, four out of the six cryptos that started 2018 in the Top Ten have dropped out. NEM, Dash, IOTA, and Stellar have been replaced by Binance Coin, Tether, BSV, and newcomer Crypto.com Coin (oh, hello CRO, where did you come from?).
June Winners – Winner, singular: ADA, for the second month in a row, up +9% while the rest of the field sank or held ground. After a great spring, Cardano’s summer is off to a strong start.
June Losers – For the second month in a row, XRP was the worst performer, down -15.9%. Close behind was Dash, down -15.6% in June.
How has your favorite crypto fared over the first 30 months of the 2018 Top Ten Crypto Index Fund Experiment? Most monthly wins (7): Bitcoin followed by Cardano with 5 monthly wins. The most monthly losses? A tie between Stellar and NEM, both with 5. All cryptos have at least one monthly win and Bitcoin stands alone as the only crypto that hasn’t lost a month (although it came close in January 2020 when it gained “only” +31%).

Overall update – BTC returning twice as much second place ETH, NEM in basement.

Although down -30% since January 2018, BTC is still well ahead of the rest of the pack. My initial investment of $100 is now worth about $70.
Ethereum is all alone in second place, down -68%, the initial $100 investment worth about $30.
NEM (down -95%) is still in last place. That initial $100 investment in NEM? Now worth $4.71.

Total Market Cap for the entire cryptocurrency sector:

The crypto market as a whole lost about $21B in June. This is down over half from January 2018 when the market was worth roughly $575B.

Bitcoin dominance:

After three months of zero movement, Bitcoin dominance finally declined, but not by much. It’s been stuck in the mid-60s to low-70s range for the past year.
Since the beginning of the experiment, the range of Bitcoin dominance has been quite wide: we saw a high of 70% BitDom in September 2019 and a low of 33% BitDom in February 2018.

Overall return on investment since January 1st, 2018:

The 2018 Top Ten Portfolio lost about $20 bucks in June 2020. If I cashed out today, my $1000 initial investment would return about $187, down -81% from January 2018.
Here’s the ROI over the life of the experiment, month by month:
Ah, a sea of red
After a brief dip last month into the negative seventies, we’re back down to the very familiar negative eighties.
Fun fact: over the course of the 2.5 years since the beginning of the 2018 Top Ten Index Fund Experiment, the portfolio has finished over half of the first thirty months down at least -80%.
Tracking the Top Ten cryptos from January 1st, 2018 has been an undoubtedly painful exercise so far. But what about 2019 and 2020 when I repeated the experiment? Let’s take a look:
So overall? Taking the three portfolios together, here’s the bottom bottom bottom line:
After a $3000 investment in the 2018, 2019, and 2020 Top Ten Cryptocurrencies, my combined portfolios are worth $2,710‬.
That’s down about -10% for the three combined portfolios. That’s compared to about +4% last month. Better than a few months ago (aka the zombie apocalypse) where it was down -24%, but not yet back at January (+13%) or February (+6%) levels.
Having trouble keeping up? Yeah, me too. You know what that means?!?!?! NEW TABLE DROP!!
Combined ROI of all three portfolios
Ah, that’s better. Much better.

Comparison to S&P 500:

I’m also tracking the S&P 500 as part of the experiment to have a comparison point with other popular investments options. Even though the US economy is still reeling from the COVID shock, the stock market (as measured by the S&P) continued to recover in June. The initial $1k investment into crypto on New Year’s Day 2018 would have gained about $170 had it been redirected to the S&P.
Alright, let’s compare all three years of the crypto investments to hypothetical US stock market investments. Taking the same drop-$1,000-per-year-on-January-1st-of-each-year approach with the S&P 500 that I’ve been documenting through the Top Ten Crypto Experiments would yield the following:
  • $1000 investment in S&P 500 on January 1st, 2018: +$170
  • $1000 investment in S&P 500 on January 1st, 2019: +$240
  • $1000 investment in S&P 500 on January 1st, 2020: -$40
Taken together, here’s the bottom bottom bottom line for a similar approach with the S&P:
After three $1,000 investments into an S&P 500 index fund in January 2018, 2019, and 2020, my portfolio would be worth $3,370.
That is up over+12% since January 2018, compared to -10% of the combined Top Ten Crypto Experiment Portfolios.
That’s about a 22% swing in favor of the stock market, the widest so far this year. Last month, there was only a 6% difference in favor of the stock market. Here’s another new table that shows an emerging pattern:
Three Top Ten Crypto Portfolios vs. hypothetical identical approach with S&P 500

Implications/Observations:

The 2018 Experiment’s focus of solely holding the Top Ten Cryptos has not (and has never been) a winning approach when compared to the overall crypto market. The total market cap is down -54% from January 2018 compared to the -81% for the cryptos that began 2018 in the Top Ten.
This of course implies that I would have done a bit better if I’d picked every crypto, or different cryptos: throwing that $1k to Bitcoin, for example, would have me down by -30% instead of -81%.
On the other hand, this bit of diversification has served me well compared to putting all my eggs in NEM‘s -95% basket, for example.
To reiterate, at no point in this experiment has this investment strategy been successful: the initial 2018 Top Ten have under-performed each of the first thirty months compared to the market overall.
Repeating the Top Ten experiments in 2019 and 2020 has resulted in a slightly different story. There are a few examples of this approach outperforming the overall market in the parallel 2019 Top Ten Crypto Experiment. And for the most recent 2020 Top Ten Index Fund group of cryptocurrencies, this approach had outperformed the overall market 100% of the time…up until the last two months.

Conclusion:

We’re half way through a very strange year, where it seems we’re playing Biblical Plague Bingo. The US market have more or less bounced back from the shock, crypto markets to a lesser degree. What’s next for crypto in an extremely unpredictable year?
Final word: Be excellent to each other.
If you made it this far, thanks for reading and for supporting the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports. Keep an eye out for my parallel projects where I repeat the experiment twice, purchasing another $1000 ($100 each) of two new sets of Top Ten cryptos as of January 1st, 2019 then again on January 1st, 2020.

And the Answer is…

D) Stellar
Even though it finished the year down -66%, Stellar outperformed the rest of the 2018 Top Ten Index Fund Experiment Cryptos after the first 12 months. Second place on January 1st, 2019 was Bitcoin, down -71%.
submitted by Joe-M-4 to CryptoCurrency [link] [comments]

Bitcoin mentioned around Reddit: LPT: if you have some spare money, buy a bit of undervalued cryptocurrency. You MAY lose some of your money, but the chance to get 300-1000-10000% return (as price may jump, as bitcoin) is worth it. /r/LifeProTips

Bitcoin mentioned around Reddit: LPT: if you have some spare money, buy a bit of undervalued cryptocurrency. You MAY lose some of your money, but the chance to get 300-1000-10000% return (as price may jump, as bitcoin) is worth it. /LifeProTips submitted by BitcoinAllBot to BitcoinAll [link] [comments]

$1,000 invested in Top 10 Cryptos of 2019 now worth $1,260 (UP +26%)

$1,000 invested in Top 10 Cryptos of 2019 now worth $1,260 (UP +26%)
EXPERIMENT - Tracking Top 10 Cryptos of 2019 - Month Eighteen - UP +26%
See the full blog post with all the tables here.
tl;dr - Tether (as it's designed to do) holds its ground, all others finish the month in negative territory. Tron finishes June in second place, down -2%. BSV loses nearly 25% of value in June. Overall, since January 2019, BTC in lead, ETH takes over second place, XRP still worst performing. The 2019 Top 10 is up +26% almost equal to the the gains of the S&P 500 over the same time period (+24%).

Month Eighteen – UP 26%

Not a great month for the 2019 Top Ten
After a strong April and a mixed May, June was bloody for the 2019 Top Ten Cryptos. Stablecoin Tether was the only crypto to hold its ground, as it was designed to do.

Question of the month:

According to a June article citing unnamed sources, which two FinTech companies are planning to allow their users to buy and sell crypto directly?

A) Paypal and Venmo B) Square and Cashapp C) Robinhood and Revolut D) Sofi and Coinbase
Scroll down for the answer.

Ranking and June Winners and Losers

XRP and Stellar slipped one place each in the rankings in June, now at #4 and #14 respectively. EOS fell two spots to #11 and joins Stellar and Tron as the only three cryptos to have dropped out of the 2019 Top Ten since January 1st, 2019. They have been replaced by Binance Coin, Cardano, and newcomer CRO.
Tether was the only crypto to move up in rank in June.
Not a good sign when Tether is the only crypto to move up.
Not a good sign when Tether enters the Top 3.
June WinnersTether. Second comes Tron, which basically held its ground at -2%.
June LosersBSV lost -23% of its value in June making it the worst performing of the 2019 Top Ten portfolio. EOS had a rough month as well, down -17%, dropping two spots in the rankings, and falling out of the Top Ten.
If you’re keeping score, here is tally of which coins have the most monthly wins and loses during the first 18 months of the 2019 Top Ten Experiment: Tether is still in the lead with six monthly victories followed by BSV in second place with three. BSV also holds the most monthly losses, finishing last in seven out of eighteen months. The only crypto not to win a month so far? XRP. (In fairness, XRP has also not lost any month yet).

Overall update – BTC in lead, ETH takes over second place, XRP still worst performing

BTC is out front for the second straight month and ETH has taken over second place from BSV. Ahead until April, BSV has simply not keep up with the pack over the last two months. Bitcoin is up +144% since January 2019. The initial $100 investment in BTC is currently worth $249.
Eighteen months in, 50% of the 2019 Top Ten cryptos are in the green since the beginning of the experiment. The other five cryptos are either flat or in negative territory, including last place XRP (down -50% since January 2019).

Total Market Cap for the entire cryptocurrency sector:

The crypto market as a whole is down about $20B in June, but still up +106% since January 2019.

Bitcoin dominance:

BitDom finally wobbled in June, but not by much – it’s been in a very familiar zone for months now, indicating a lack of excitement (or at least a low risk tolerance) for altcoins. Taking a wider view, the Bitcoin Dominance range since the beginning of the experiment in January 2019 has ranged between 50%-70%.

Overall return on investment since January 1st, 2019:

The 2019 Top Ten Portfolio lost almost $175 in June. After the initial $1000 investment, the 2019 group of Top Ten cryptos is worth $1,259. That’s up about +26%.
Here’s a look at the ROI over the life of the first 18 months of the 2019 Top Ten Index Fund experiment, month by month:
18 months of ROI, mostly green
Unlike the completely red table you’ll see in the 2018 Top Ten Experiment, the 2019 crypto table is almost all green. The first month was the lowest point (-9%), and the highest point (+114%) was May 2019.
How does the 2019 Top Ten Index Fund Portfolio compare to the parallel projects?
Taking the three portfolios together, here’s the bottom bottom bottom line:
After a $3000 investment in the 2018, 2019, and 2020 Top Ten Cryptocurrencies, the combined portfolios are worth $2,710‬.
That’s down about -10% for the three combined portfolios. Last month that figure was +4%. Better than a few months ago (aka the zombie apocalypse) where it was down -24%, but not yet back at January (+13%) or February (+6%) levels.
Here’s a new table to help visualize the progress of the combined portfolios:
ROI of all three combined portfolios - not exactly inspiring
How do crypto returns compare to traditional markets?

Comparison to S&P 500:

Good thing I’m tracking the S&P 500 as part of my experiment to have a comparison point with other popular investments options. Even with unemployment, protests, and COVID, the US market continued to rebound in June. It’s now up +24% in the last 18 months.
The initial $1k investment I put into crypto would be worth $1,240 had it been redirected to the S&P 500 in January 2019.
As a reminder (or just scroll up) the 2019 Top Ten portfolio is returning +26% over last 18 months, just about equal to the return of the S&P 500 over the same time period. Just last month the ROI of the 2019 Top Ten crypto portfolio was nearly double the S&P 500 since January 1st, 2019.
But what if I took the same world’s-slowest-dollar-cost-averaging/$1,000-per-year-in-January approach with the S&P 500? It would yield the following:
  • $1000 investment in S&P 500 on January 1st, 2018: +$170
  • $1000 investment in S&P 500 on January 1st, 2019: +$240
  • $1000 investment in S&P 500 on January 1st, 2020: -$40
Taken together, here’s the bottom bottom bottom line for a similar approach with the S&P:
After three $1,000 investments into an S&P 500 index fund in January 2018, 2019, and 2020, my portfolio would be worth $3,370.
That $3,370 is up over+12% since January 2018, compared to the $2,710 value (-10%) of the combined Top Ten Crypto Experiment Portfolios. Here’s another new table that compares the ROI of the combined crypto portfolios to a hypothetical similar approach with the S&P 500:
We see in June the largest difference in favor of the S&P since the beginning of 2020: a 22% gap. Compare that February, when there was only a 1% difference in ROI.

Implications/Observations:

Since January 2019, the crypto market as a whole has gained +106% compared to the 2019 Top Ten Crypto Portfolio which has gained +26%. That’s an 80% gap.
At this point in the 2019 Experiment, an investor would have done much better picking different cryptos or investing in the entire market instead of focusing only on the 2019 Top Ten. Over the course of the first 18 months of tracking the 2019 Top Ten, there have been instances this was a winning strategy, but the cases have been few and far between.
The 2018 Top Ten portfolio, on the other hand, has never outperformed the overall market, at least not in the first thirty months of that Experiment.
And for the most recent 2020 Top Ten group? The opposite had been true: the 2020 Top Ten had easily outperformed the overall market 100% of the time…up until the last two months.

Conclusion:

As the world continues to battle COVID, traditional markets seem to be recovering. Will crypto make a significant move in the second half of 2020?
Final word: Stay safe and take care of each other.
Thanks for reading and for supporting the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports. Keep an eye out for the original 2018 Top Ten Crypto Index Fund Experiment and the recently launched 2020 Top Ten Experiment.

And the Answer is…

A) Paypal and Venmo
According to a Coindesk report in June, three sources familiar with the matter say that Paypal and Paypal-owned Venmo are planning to allow their users to buy and sell crypto. Paypal has declined to comment.
submitted by Joe-M-4 to CryptoCurrency [link] [comments]

Just paid over 1000 bits for a fee as suggested by copay...4real? /r/Bitcoin

Just paid over 1000 bits for a fee as suggested by copay...4real? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BitKong - How to earn 1000 bits ?? How To Cash In $1000 In BitCoin For Less Than Average ATM Fee BitProfitsMining  Smart Bitcoin Cloud Mining  Free 1000 GH/s For Bitcoin Mining JAK DODATKOWO ZAROBIĆ KUPIĘ ANONIMOWO 1000 BITCOINÓW! WOOOW!!! BITCOIN 1000% FROM HERE!!!

Selling 1000 First Bitcoin you get 2.297566 US Dollar at 16. July 2020 06:51 AM (GMT). Reverse Calculation Currency Converter by Date - Historical Exchange Rate Graph of change in 1000 First Bitcoin to US Dollar. Changes in the value of 1000 First Bitcoin in US Dollar. For the week (7 days) Date Day 1000 BIT to USD This Free Bitcoin units calculator helps you convert any amount from one unit to another. Conversion between BTC, Bits, mBTC, Satoshis and US dollars. How Many Bits Are in a Bitcoin? There are 1 million bits in 1 bitcoin. The term “bit” is a popular new unit being used to represent smaller Bitcoin amounts. Due to the rising value of 1 bitcoin (currently 1 BTC = $450 USD), many prices must be displayed in fractional bitcoin amounts. We recently added support for any Bitcoin conversion to or from bits! Bits are one millionth of one Bitcoin or one thousandth of one mBTC. A bit is the same thing as a μBTC or a microbitcoin. Enjoy! New Currency (9/2/14): USD. You can now convert to and from US dollars with the BTC converter (in addition to Bitcoin, mBTC, and bits). This is How much Bitcoin is 5000 BITS? Check the latest Bitcoin (BTC) price in Bitstar (BITS)! Exchange Rate by Walletinvestor.com

[index] [4769] [19400] [19292] [24085] [24122] [7427] [13073] [11587] [12534] [22274]

BitKong - How to earn 1000 bits ??

Live Bitcoin Trading With DeriBot on Deribit DeriBot Backup 175 watching Live now Clickbank For Beginners: How To Make Money on Clickbank for Free (Step By Step 2020) - Duration: 22:47. If I had ten-thousand bitcoins do you know what I would buy Get you that car you wanted, yea the one with the rear-wheel drive You could teach me how to drift, I'd be so cool, no lie JAK DODATKOWO ZAROBIĆ KUPIĘ ANONIMOWO 1000 BITCOINÓW! Przejdź do strony: http://bit.ly/2udhpdD patrz tutaj #Bitcoin #Kryptowaluty #Btc. 4) Reach 1,000 bits and get paid in actual Bitcoin! WHY DO I NEED COINBASE? "Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency." A 1000% gain for the Bitcoin price is very likely from this point on over the next couple months/years based on simple technical analysis. Most Bitcoin on chain metrics are looking bullish as well ...

Flag Counter