Bitcoin Price Thread

Bitcoin could peak at $1M this cycle.

Yes, that is often a keyword in financial statements. So much so, there is always a warning buried in there regarding these forward-looking statements. lol
 
Yes, that is often a keyword in financial statements. So much so, there is always a warning buried in there regarding these forward-looking statements. lol

Warning? Where's the warning?

Bitcoin could also peak at $500k or $250k

I have some bitcoins
 
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Starting today, feel free to ask us any questions you have. Alright!

I'm responding to the thread:

BTC and the entire cryptocurrency market have experienced significant sell-offs last week. BTC has once again touched the 26k range, while ETH has reached 1.6k. Over 1 billion dollars in liquidation for open positions (photo), however, it's well-known that August and September are the months with the worst performance for BTC (photo and source)

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What happens with hashrate?


Well, what occurs when the hash rate of Bitcoin experiences a boost? The hash rate escalates as additional devices are allocated by lawful miners to locate the subsequent block. This indicates that the overall computational capacity of the network is elevated, making it arduous for malicious entities to disrupt the network.

A clear connection exists between Bitcoin's hash rate and its value. As the hash rate surges, the network's safety strengthens, resulting in heightened assurance among investors and a greater craving for Bitcoin. This heightened desire, consequently, propels the value of Bitcoin to higher levels. (not financial advise!!! just knowledge)
 
there are many news to follow, positive and negative here is a sumup:


News Highlights, 11 September 2023

1️⃣ Ant Group Goes Global with ZAN
China's fintech behemoth, Ant Group, launches ZAN, a blockchain service targeting overseas markets. From web3 development to compliance tools, it's a one-stop-shop for blockchain needs. China may have banned crypto, but its blockchain ambitions are full steam ahead! ️
2️⃣ Google Greenlights NFT Game Ads
Mark your calendars! Starting Sept 15, Google will permit NFT game ads, as long as they steer clear of gambling. It's a big nod from Big Tech, paving the way for broader NFT adoption. Just remember to play by the local rules!
3️⃣ Circle Expands USDC to Layer 2
Circle's stablecoin USDC now thrives on Layer 2 networks OP Mainnet and Base. Businesses, get ready to enjoy lower fees and faster transactions. USDC's presence grows, now live on 11 blockchains! ⛓️
4️⃣ Visa Embraces Solana for Payments
Visa goes deeper into crypto by leveraging Solana for cross-border payments. Opt for USDC instead of fiat, and experience a new level of financial fluidity. Visa's crypto journey continues to evolve!
5️⃣ Grab Dives into Web3
Ride-hailing giant Grab integrates Web3 services, offering Singapore users blockchain rewards and NFT payments. A centralized Web3 wallet is now part of the package. Grab's 180M users just got a tech upgrade!

Keep your finger on the pulse with YouHodler! Another week, another wave of game-changing updates!
 
there are many news to follow, positive and negative here is a sumup:


News Highlights, 11 September 2023

1️⃣ Ant Group Goes Global with ZAN
China's fintech behemoth, Ant Group, launches ZAN, a blockchain service targeting overseas markets. From web3 development to compliance tools, it's a one-stop-shop for blockchain needs. China may have banned crypto, but its blockchain ambitions are full steam ahead! ️
2️⃣ Google Greenlights NFT Game Ads
Mark your calendars! Starting Sept 15, Google will permit NFT game ads, as long as they steer clear of gambling. It's a big nod from Big Tech, paving the way for broader NFT adoption. Just remember to play by the local rules!
3️⃣ Circle Expands USDC to Layer 2
Circle's stablecoin USDC now thrives on Layer 2 networks OP Mainnet and Base. Businesses, get ready to enjoy lower fees and faster transactions. USDC's presence grows, now live on 11 blockchains! ⛓️
4️⃣ Visa Embraces Solana for Payments
Visa goes deeper into crypto by leveraging Solana for cross-border payments. Opt for USDC instead of fiat, and experience a new level of financial fluidity. Visa's crypto journey continues to evolve!
5️⃣ Grab Dives into Web3
Ride-hailing giant Grab integrates Web3 services, offering Singapore users blockchain rewards and NFT payments. A centralized Web3 wallet is now part of the package. Grab's 180M users just got a tech upgrade!

Keep your finger on the pulse with YouHodler! Another week, another wave of game-changing updates!

Strange price movement for a coin that is about to be and then is 'embraced' by VIsa:

upload_2023-9-11_22-31-49.png
 
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