100% Complete Bitcoin Price History Graph + Related Events ...

Coinflow: a different kind of collaboration

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@cz_binance: RT @iamjosephyoung: In September: -MicroStrategy announced purchase of $425m in Bitcoin -Sushi fiasco -JPMorgan admits to manipulating precious gold markets -UNI airdrop worth $3.6k at its peak -KuCoin hack -Bitcoin second-best 3rd quarterly close in history another busy month in crypto

@cz_binance: RT @iamjosephyoung: In September: -MicroStrategy announced purchase of $425m in Bitcoin -Sushi fiasco -JPMorgan admits to manipulating precious gold markets -UNI airdrop worth $3.6k at its peak -KuCoin hack -Bitcoin second-best 3rd quarterly close in history another busy month in crypto submitted by rulesforrebels to BinanceTrading [link] [comments]

"History reminder two years ago Bcash BCH was worth ~20% of Bitcoin BTC, now it's not even worth 3%" [-10]

submitted by NegativeWithGoldBot to NegativeWithGold [link] [comments]

Remember /u/singularity87's post regarding the strange history of Bitcoin? Worth re-reading in light of the present astroturfing.

https://www.reddit.com/BitcoinMarkets/comments/6rxw7k/informative_btc_vs_bch_articles/dl8v4lp/?st=jlll8ysk&sh=32017eb3
Pertinent quote:
Around about the same time last year when Blockstream came active on the scene every single bitcoin troll disappeared, and I mean literally every single one. In the years before that there were a large number of active anti-bitcoin trolls. They even have an active sub buttcoin. Up until last year you could go down to the bottom of pretty much any thread in bitcoin and see many of the usual trolls who were heavily downvoted for saying something along the lines of "bitcoin is shit", "You guys and your tulips" etc. But suddenly last year they all disappeared. Instead a new type of bitcoin user appeared. Someone who said they were fully in support of bitcoin but they just so happened to support every single thing Blockstream and its employees said and did. They had the exact same tone as the trolls who had disappeared. Their way to talking to people was aggressive, they'd call people names, they had a relatively poor understanding of how bitcoin fundamentally worked. They were extremely argumentative. These users are the majority of the list of that video. When the 10's of thousands of users were censored and expelled from bitcoin they ended up congregating in btc. The strange thing was that the users listed in that video also moved over to btc and spend all day everyday posting troll-like comments and misinformation. Naturally they get heavily downvoted by the real users in btc. They spend their time constantly causing as much drama as possible. At every opportunity they scream about "censorship" in btc while they are happy about the censorship in bitcoin. These people are astroturfers. What someone somewhere worked out, is that all you have to do to take down a community is say that you are on their side. It is an astoundingly effective form of psychological attack.
Does singularity87's post remind you of anything going on today?
submitted by ugtarmas to btc [link] [comments]

For the first time in Bitcoin's history, it is worth $1 for each day it existed!

For the first time in Bitcoin's history, it is worth $1 for each day it existed! submitted by SamWouters to Bitcoin [link] [comments]

If you study monetary history and look at the process of monetization it is always volatile. Bitcoin can be worth a "Lambo" one year and a high end bicycle the next during its moneization stage. Once it takes over the world economy price volatility will decrease and prices will then change with mark

If you study monetary history and look at the process of monetization it is always volatile. Bitcoin can be worth a submitted by Johannklabauter to Buttcoin [link] [comments]

If history repeats, Bitcoin will be worth $200,000 in about two years

If history repeats, Bitcoin will be worth $200,000 in about two years submitted by smilika to CryptoCurrencyTrading [link] [comments]

Over 6.5 million USD worth of Bitcoin, IOTA, and Stellar Lumens seized in largest psychedelic drug raid in European history

Over 6.5 million USD worth of Bitcoin, IOTA, and Stellar Lumens seized in largest psychedelic drug raid in European history submitted by MagniGames to CryptoCurrency [link] [comments]

History Of Bitcoin's Worth

History Of Bitcoin's Worth submitted by Bluecoregamming to Bitcoin [link] [comments]

If someone tipped me bitcoins or dogecoins several years ago through Reddit comments, are they still valid to claim or expired? If valid, would dogecoins be worth digging through my history to find?

Remember when people used Reddit comments to donate cryptocurrency? Like, several years ago, it was like more common than gilded comments are today.
I feel like I remember someone tipping me some bitcoins and/or dogecoins, but I thought the process to claim them would be too confusing, so I never bothered.
Now I'm wondering, "shit, are those still valid? Might be worth something, even if it was only a little bit."
submitted by Seakawn to NoStupidQuestions [link] [comments]

What if you had all the benefits of Bitcoin with the **price stability** of gold? It now exists and it’s called bitGOLD. Skeptical? I'll give you $1 worth of gold which at current Kitco spot rate is 0.000827 oz. Come make history with us!

Hello /CryptoCurrency,
I’m here to explain what bitGOLD is and why you should pay attention to it.
BitGOLD is exactly like Bitcoin (you hold the private keys) only it’s pegged to the value of real gold. 1 ounce of bitGOLD will always equal the value of 1 ounce of real gold. That means if real gold goes up in value, so does bitGOLD (and vice versa). Think of it as a cryptographic derivative pegged to the value of a real world asset. There is also bitUSD, bitEUR and bitBTC (theoretically any real world asset can be used in this way, even silver, oil and McDonalds big macs - as long as it has a price and is quantifiable).
The main issue with Bitcoin in terms of mainstream adoption has always been its volatility. It goes up and down in value so much it’s impossible to use as a currency. The ideal solution would be to have the best of both worlds: a crypto that you hold the private keys to but is also pegged to the value of either precious metals like gold or a fiat currency like USD.
PLEASE DO NOT DISMISS THIS IDEA JUST BECAUSE YOU MAY CURRENTLY HOLD BITCOIN
For the remainder of this day I will be handing out $1 worth of bitGOLD to all interested redditors (no sock puppets please, I'll know).
This is what you need to do:
STEP #1: Click here to download the Bitshares client.
STEP #2: Locate your public key here and copy and paste it as a reply to >this thread.
When you do this I will reply with further instructions.
Please keep in mind the BitShares software is still in BETA so bear with these complicated steps. They will be phased out very soon.
I truly believe this is the next step in the future of peer-to-peer money and would be more than happy to answer any questions you may have. I understand many of you will be (rightfully) skeptical of this new technology. I am prepared to answer any question, no matter how hard you think it is.
For more technical details on how market pegged assets work, please go to wiki.bitshares.org (an official whitepaper is coming soon).
If you are a member of the press please contact [email protected] for direct communication with our marketing division.
Here’s the technical TL;DR for those interested: (this uses bitUSD as an example, not bitGOLD)
BitShares is an experiment to test the economic theory behind a new kind of prediction market. This experiment creates a decentralized bank and exchange that uses a decentralized transaction ledger secured by DPOS to create fungible digital assets that are market-pegged to the value of anything from dollars, to gold, to gallons of gasoline. BitShares has shares that can be transferred between users in the same way as Bitcoin. What makes BitShares special is that it also implements a business model similar to existing banks or brokerages.
BitShares can create BitUSD by lending it into existence backed by collateral in the same way that the banking system lends dollars into existence today. Whereas your bank uses your house as collateral, BitShares uses BTS as collateral. Short orders are forced to cover when 66% of their collateral is required to cover, leaving the short with 33% of the collateral minus a 5% fee.
The reason someone borrows BitUSD is for the purpose of executing a short sell of BitUSD relative to BTS. This works in the same manner as shorting a stock. First, you borrow the stock, then you sell it at todays high prices. If all goes well then you can buy it back tomorrow for less than you paid today, pay off your loan, and keep the profit. However, if things go against you then you will have to pay more to buy back the stock than you sold it for in the first place and thus take a loss.
BitUSD is created when two people taking opposite positions can agree to a price and the only price at which two people will agree is the current market price of USD in BTS otherwise one individual will start out losing money. The mechanics of the market peg are very similar to the mechanics of a prediction market. Once the market has reached a consensus that BitUSD should be valued the same as a real US Dollar no one will be able to trade against that consensus without losing money. Thus the value of BitUSD today is based upon the prediction of what market participants will value BitUSD at in the future. There is only one rational way to speculate, that the consensus will hold, and that creates a self-enforcing market peg. With BitShares all short positions (those borrowing BitUSD) must start out with enough BTS as collateral to purchase 2x the USD borrowed. Margin calls are executed when the value of the collateral falls to 1.5x the amount borrowed. This gives the market ample opportunity to cover the short position and pay off the loan before there is insufficient collateral. In the event that the market is forced to execute a margin call, a 5% fee will be assessed. This should encourage participants to be pro-active in maintaining sufficient margin.
In the rare event that the value of BTS falls by more than 50% in less than an hour resulting in insufficient collateral, 100% of the collateral will be used to cover as much BitUSD as possible leaving some BitUSD uncovered. The result of this price movement is that some BitUSD will be in circulation without any backing which may or may not impact the market peg of BitUSD to USD. We have two hypothesis as to the market response in this event: in one case the BitUSD will start trading at a discount proportional to the surplus BitUSD in circulation, in the other case the market expectation of a peg to USD will override any surplus supply and BitUSD will continue trading as before. This would be similar to how the dollar did not see an immediate fall to 0 value despite being removed from the gold standard.
submitted by MeTHoDx to CryptoCurrency [link] [comments]

I bought $1k of the Top 10 Cryptos on January 1st, 2020 (Sept Update)

I bought $1k of the Top 10 Cryptos on January 1st, 2020 (Sept Update)

EXPERIMENT - Tracking Top 10 Cryptos of 2020 - Month Nine - UP +56%
See the full blog post with all the tables here.
tl;dr
  • I thought I'd mix it up and start with the 2020 Top Ten first this month.
  • Rough month, but still way up in 2020, and still way ahead of the stock market.
  • I purchased $100 of each of Top Ten Cryptos in Jan. 2020, haven't sold or traded. Did the same in 2018 and 2019. Learn more about the history and rules of the Experiments here.
  • Sept - down month for 2020 Top Ten, except for BNB, which crushed it (+25%)
  • Overall since Jan. 2020 - ETH in the lead (+187%), BNB in distant second place. 100% of 2020 Top Ten are in positive territory and have a combined ROI of +56% vs. +5% of the S&P
  • Combining all three three years, Top Ten cryptos underperforming S&P if I'd taken a similar approach.

Month Nine – UP 56%

2020 Top Ten Overview
After a rough start to the month, most of crypto had a Wake Me Up When September Ends moment. For the 2020 Top Ten Portfolio, it was bad, but could have been (as has been) much worse: it was the best performing of the Top Ten “Index Fund” Experiments in September and at least one of the cryptos (BNB up +25%) had a great month.

Question of the month:

In September, this decentralized exchange (DEX) overtook Coinbase in trading volume:

A) Uniswap B) Aave C) Compound D) Both A and B
Scroll down for the answer.

Ranking and September Winners and Losers

2020 Top 10 Rank
Lots of movement this month: six out of the Top Ten changed positions in September. BCH climbed one from #6 to #5 and BNB made a big move from #10 to #6. Going the opposite direction were BSV, EOS, and Tezos, dropping one, two, and four places respectively.
The big story though, at least for anyone who’s been watching crypto for a while, was the ejection of Litecoin from the Top Ten. In just 30 days, LTC fell five places from #7 to #12. For some context, Litecoin’s absence from the Top Ten is a Top Ten Experiment first. It is also the first time since CoinMarketCap has tracked crypto rankings that Litecoin has not has not held a spot in the Top Ten.
Drop outs: after nine months of the experiment, 30% of the cryptos that started 2020 in the Top Ten have dropped out. LTC, EOS, and Tezos have been replaced by ADA, LINK, and most recently, DOT.
September Winners – Winner, singular: BNB was the only crypto to finish in the green, finished up +25% for the month, and gained four places in the rankings. A very good month for Binance Coin.
September LosersTezos was the worst performing crypto of the 2020 Top Ten portfolio, losing nearly a third of its value, down -31% for the month. LTC also had a bad month, losing -24% and dropping out of the Top Ten.
Since COVID-19 has hammered the sporting world, let’s be overly competitive and pit these cryptos against each other, shall we? Here’s a table showing which cryptos have the most monthly wins and losses nine months into the 2020 Top Ten Crypto Index Fund Experiment:

Wins/Losses
ETH is in the lead three monthly Ws, followed by Tether and Tezos with two wins each. Even though it is up +79% since January 1st, 2020, BSV has the most monthly losses: it has been the worst performing crypto of the group four out of the first nine months in 2020.

Overall update – ETH maintains strong lead, followed by BNB. 100% of Top Ten are in positive territory.

Ethereum remains firmly in the lead, up +187% on the year. Thanks to a strong month for BNB and a weak month for Tezos, Binance Coin has overtaken XTZ for second place, and is now up +109% in 2020.
Discounting Tether (no offense Big-T), EOS (+4%) is the worst performing cryptocurrency of the 2020 Top Ten Portfolio. 100% of the cryptos in this group are in positive territory.

Total Market Cap for the cryptocurrency sector:

The overall crypto market lost about $35B in September, ending the month up +85% since the beginning of this year’s experiment in January 2020. Despite a rough month, this is the second highest month-end level since the 2020 Top Ten Experiment started nine months ago.

Bitcoin dominance:


Monthly BitDom - 2020
BitDom ticked up slightly this month, but is still lower than it has been for most of the year. As always, a low BitDom reflects a greater appetite for altcoins. For context, the BitDom range since the beginning of the experiment in January 2020 has been roughly between 57% and 68%.

Overall return on investment since January 1st, 2020:

After an initial $1000 investment on January 1st, the 2020 Top Ten Portfolio is now worth $1,536, up +56%. This is the best performing of the three Top Ten Crypto Index Fund Portfolios, but not by much: the 2019 Top Ten came in at +54% in September.
Here’s the month by month ROI of the 2020 Top Ten Experiment, hopefully helpful to maintain perspective and provide an overview as we go along:
Monthly ROI - 2020 Top Ten
Even during the zombie apocalypse blip in March, the 2020 Top Ten has managed to end every month so far in the green (for a mirror image, check out the all red table you’ll find in the 2018 experiment). The range of monthly ROI for the 2020 Top Ten has been between a low of +7% in March and high of +83% in August.
So, how does the 2020 Top Ten Experiment compare to the parallel projects?
Taken together, here’s the bottom bottom bottom line for the three portfolios:
After a $3000 investment in the 2018, 2019, and 2020 Top Ten Cryptocurrencies, the combined portfolios are worth $‭3,340‬ ($238+ $1,538 +$1,564).
That’s up about +11% for the three combined portfolios, compared to +31% last month.
Lost in the numbers? Here’s a table to help visualize the progress of the combined portfolios:
Combined ROI - UP +11%
That’s a +11% gain by buying $1k of the cryptos that happened to be in the Top Ten on January 1st, 2018, 2019, and 2020.
But what if I’d gone all in on only one Top Ten crypto for the past three years? While many have come and gone over the life of the experiment, five cryptos have started in Top Ten for all three years: BTC, ETH, XRP, BCH, and LTC (Big L, no pressure, but if you don’t claw yourself back in the Top Ten by January 2021, you’re out of the club). Let’s take a look:

Three Year Club
At this point in the Experiments, Ethereum (+104%) would have easily returned the most, followed by BTC (+77%). On the other hand, following this approach with XRP, I would have been down nearly a third at -31%.
So that’s the Top Ten Crypto Index Fund Experiments snapshot. Let’s take a look at how traditional markets are doing.

Comparison to S&P 500

I’m also tracking the S&P 500 as part of my experiment to have a comparison point to traditional markets. The S&P slipped a bit from an all time high in August and is now up just +5% in 2020.
Over the same time period, the 2020 Top Ten Crypto Portfolio is returning about +56%. The initial $1k investment in crypto is now worth about $1,563. That same $1k I put into crypto in January 2020 would be worth $1050 had it been redirected to the S&P 500 instead. That’s a $513 difference on a $1k investment, one of the largest gaps in favor of crypto all year.
But that’s just 2020. What about in the longer term? What if I invested in the S&P 500 the same way I did during the first three years of the Top Ten Crypto Index Fund Experiments? What I like to call the world’s slowest dollar cost averaging method? Here are the figures:
  • $1000 investment in S&P 500 on January 1st, 2018 = $1260 today
  • $1000 investment in S&P 500 on January 1st, 2019 = $1350 today
  • $1000 investment in S&P 500 on January 1st, 2020 = $1050 today
So, 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 $3,660.
That $3,660 is up +22% since January 2018, compared to a +11% gain of the combined Top Ten Crypto Experiment Portfolios over the same period of time.
That’s an 11% swing in favor of the S&P 500 and breaks a two month mini-streak of wins from the Top Ten crypto portfolios.
For those keeping track or unable to see the table above: that’s seven monthly victories for the S&P vs. two monthly victories for crypto. The largest gap so far was a 22% difference in favor of the S&P back in June.

Conclusion:

September saw losses for both traditional and crypto markets, but crypto got hit harder. What can we expect for the rest of 2020? The Neverending Year is entering the final quarter and is not finished with us yet: a lot can and will happen in the remaining months. More volatility is no doubt to come as we enter the final stretch of a truly unpredictable and exhausting year. Buckle up.
Stay healthy and take care of yourselves out there.
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 2019 Top Ten Experiment follow up experiment.

And the Answer is…

A) Uniswap
As part of the DeFi/DEX wave, in late August/early September, Uniswap surpassed Coinbase in trading volume.
submitted by Joe-M-4 to CryptoCurrency [link] [comments]

12-14 09:13 - 'Smart people: "I don't see how this is worth $20,000" / Bitcoiners: "ahahaha Boomer! You missed out on the greatest revolution in history!" / (Bitcoin: crashes from $20k to $2k) / Bitcoiners: "Why is this happening to such a...' by /u/HugeDrop2k removed from /r/Bitcoin within 50-60min

'''
Smart people: "I don't see how this is worth $20,000"
Bitcoiners: "ahahaha Boomer! You missed out on the greatest revolution in history!"
(Bitcoin: crashes from $20k to $2k)
Bitcoiners: "Why is this happening to such a humble people like us?"
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: HugeDrop2k
submitted by removalbot to removalbot [link] [comments]

History!! First coin (outside of bitcoin) to be worth more than litecoin.

History!! First coin (outside of bitcoin) to be worth more than litecoin. submitted by C1aranMurray to ethtrader [link] [comments]

Why should I believe that BTC will ever reach 50k?

It seems impossible. It seems like 10 years from now btc will still be at 10k.
submitted by feetkisser69 to Bitcoin [link] [comments]

194,993 BTC transaction worth $1.26 Billion - Largest transactions in Bitcoin's history

194,993 BTC transaction worth $1.26 Billion - Largest transactions in Bitcoin's history submitted by asso to Bitcoin [link] [comments]

Remember /u/singularity87's post regarding the strange history of Bitcoin? Worth re-reading in light of the present astroturfing. /r/btc

Remember singularity87's post regarding the strange history of Bitcoin? Worth re-reading in light of the present astroturfing. /btc submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

To all you guys that are saying that a bitcoin is worth more than an ounce of gold for the first time in its history.

To all you guys that are saying that a bitcoin is worth more than an ounce of gold for the first time in its history. submitted by moonbux to Bitcoin [link] [comments]

Is Bitcoin really worth investing in?

If so, what's your reasons why? I heard lots of cons about Bitcoin. More cons then pros about it. What do people use for their Bitcoin wallet? How safe and secure is it? What are some good resources to read upon Bitcoin? Etc
submitted by smileyclown to Bitcoin [link] [comments]

[Question] Found old wallet from 2013. For some reason it shows thousands of bitcoins worth of deposits in the transaction history. After syncing with blockchain it shows a zero balance. What is going on here? There should be at least something there.

So I found an old wallet that I was depositing my bitcoins in from mining. As I remember it, it wasn't very much bitcoin but there was still a positive balance on it. However, the transaction history shows deposits of bitcoin totaling to something ridiculous like $60 million USD worth of bitcoin
Loaded it into QT (where it was originally stored) and after a very lengthy sync I'm seeing a zero balance, despite the ridiciulous transaction history and despite it having a positive balance in the past.
I initiated a rescan and still nothing.
Questions:
1) why are those transactions there and why are they so crazy high?
2) where did my bitcoin that i had go?
3) do wallet.dat files get corrupted sometimes and do stuff like this?
Thanks guys.
submitted by BigFartMan69 to BitcoinBeginners [link] [comments]

@dealbook: It has been more than four months since thieves pulled off the biggest heist in the history of Iceland — roughly $2 million worth of Bitcoin-mining computers were stolen. Here's the latest: https://t.co/F0ik6YVCtv

@dealbook: It has been more than four months since thieves pulled off the biggest heist in the history of Iceland — roughly $2 million worth of Bitcoin-mining computers were stolen. Here's the latest: https://t.co/F0ik6YVCtv submitted by -en- to newsbotbot [link] [comments]

What if you had all the benefits of Bitcoin with the **price stability** of gold? It now exists and it’s called bitGOLD. Skeptical? I'll give you $1 worth of gold which at current Kitco spot rate is 0.000827 oz. Come make history with us!

Hello /Libertarian,
I'm here to explain what bitGOLD is and why you should pay attention to it.
BitGOLD is exactly like Bitcoin (you hold the private keys) only it’s pegged to the value of real gold. 1 ounce of bitGOLD will always equal the value of 1 ounce of real gold. That means if real gold goes up in value, so does bitGOLD (and vice versa). Think of it as a cryptographic derivative pegged to the value of a real world asset. There is also bitUSD, bitEUR and bitBTC (theoretically any real world asset can be used in this way, even silver, oil and McDonalds big macs - as long as it has a price and is quantifiable).
The main issue with Bitcoin in terms of mainstream adoption has always been its volatility. It goes up and down in value so much it’s impossible to use as a currency. The ideal solution would be to have the best of both worlds: a crypto that you hold the private keys to but is also pegged to the value of either precious metals like gold or a fiat currency like USD.
PLEASE DO NOT DISMISS THIS IDEA JUST BECAUSE YOU MAY CURRENTLY HOLD BITCOIN
For the remainder of this day I will be handing out $1 worth of bitGOLD to all interested redditors (no sock puppets please, I'll know).
This is what you need to do:
STEP #1: Click here to download the Bitshares client.
STEP #2: Locate your public key here and copy and paste it as a reply to this thread.
When you do this I will reply with further instructions.
Please keep in mind the BitShares software is still in BETA so bear with these complicated steps. They will be phased out very soon.
I truly believe this is the next step in the future of peer-to-peer money and would be more than happy to answer any questions you may have. I understand many of you will be (rightfully) skeptical of this new technology. I am prepared to answer any question, no matter how hard you think it is.
For more technical details on how market pegged assets work, please go to wiki.bitshares.org (an official whitepaper is coming soon).
If you are a member of the press please contact [email protected] for direct communication with our marketing division.
Here’s the technical TL;DR for those interested: (this uses bitUSD as an example, not bitGOLD)
BitShares is an experiment to test the economic theory behind a new kind of prediction market. This experiment creates a decentralized bank and exchange that uses a decentralized transaction ledger secured by DPOS to create fungible digital assets that are market-pegged to the value of anything from dollars, to gold, to gallons of gasoline. BitShares has shares that can be transferred between users in the same way as Bitcoin. What makes BitShares special is that it also implements a business model similar to existing banks or brokerages.
BitShares can create BitUSD by lending it into existence backed by collateral in the same way that the banking system lends dollars into existence today. Whereas your bank uses your house as collateral, BitShares uses BTS as collateral. Short orders are forced to cover when 66% of their collateral is required to cover, leaving the short with 33% of the collateral minus a 5% fee.
The reason someone borrows BitUSD is for the purpose of executing a short sell of BitUSD relative to BTS. This works in the same manner as shorting a stock. First, you borrow the stock, then you sell it at todays high prices. If all goes well then you can buy it back tomorrow for less than you paid today, pay off your loan, and keep the profit. However, if things go against you then you will have to pay more to buy back the stock than you sold it for in the first place and thus take a loss.
BitUSD is created when two people taking opposite positions can agree to a price and the only price at which two people will agree is the current market price of USD in BTS otherwise one individual will start out losing money. The mechanics of the market peg are very similar to the mechanics of a prediction market. Once the market has reached a consensus that BitUSD should be valued the same as a real US Dollar no one will be able to trade against that consensus without losing money. Thus the value of BitUSD today is based upon the prediction of what market participants will value BitUSD at in the future. There is only one rational way to speculate, that the consensus will hold, and that creates a self-enforcing market peg. With BitShares all short positions (those borrowing BitUSD) must start out with enough BTS as collateral to purchase 2x the USD borrowed. Margin calls are executed when the value of the collateral falls to 1.5x the amount borrowed. This gives the market ample opportunity to cover the short position and pay off the loan before there is insufficient collateral. In the event that the market is forced to execute a margin call, a 5% fee will be assessed. This should encourage participants to be pro-active in maintaining sufficient margin.
In the rare event that the value of BTS falls by more than 50% in less than an hour resulting in insufficient collateral, 100% of the collateral will be used to cover as much BitUSD as possible leaving some BitUSD uncovered. The result of this price movement is that some BitUSD will be in circulation without any backing which may or may not impact the market peg of BitUSD to USD. We have two hypothesis as to the market response in this event: in one case the BitUSD will start trading at a discount proportional to the surplus BitUSD in circulation, in the other case the market expectation of a peg to USD will override any surplus supply and BitUSD will continue trading as before. This would be similar to how the dollar did not see an immediate fall to 0 value despite being removed from the gold standard.
submitted by MeTHoDx to Libertarian [link] [comments]

[Spoilers S7] Here's what we know about the state of Earth before the bombs

Here's a compiled list of what Earth was like pre-apocalypse using details from the show. Jason Rothenberg has said if the prequel gets greenlit, he wants to implement a lot of flashbacks LOST style. These flashbacks may include references to the following:

Oil Depletion

Dust Storms

Water Shortages

Global Warming

Global Pandemic

Overpopulation

Technological Advancements

Becca Franko, The Tech Celebrity

Financial Crisis

Drug Legalization

Battles in U.S. Cities

Resistance Groups & Terrorism

Corrupt U.S. Government

Cult Mentality & Conspiracy Theories

That's what I got. If you spotted anything else from the show, feel free to share! :)
Edit: Thanks everyone for the kind words and the awards! Also, thanks to clwrutgers for asking me to make this list.
submitted by Sharoza to The100 [link] [comments]

Mystery Founder Of Bitcoin: Uncovering Satoshi Nakamoto's ... What is The History of Bitcoin: Super Easy Explanation ... Bitcoin $100,000 in 2021 & $1,000,000 in 2027?! History of Bitcoin (BTC) - YouTube bitcoin historical price action is pure art 2x speed

Bitcoin history. Bitcoin is the first example of decentralized digital money established in 2008 by a person or a group of people under the pseudonym of Satoshi Nakamoto. This account of bitcoin history resumes the first ten-years (2008 - 2019) of the cryptocurrency. Bitcoin price since 2009 to 2019. Bitcoin price charts. How Much was Bitcoin Worth When it Started in 2009? When Bitcoin started out there wasn’t really a price for it since no one was willing to buy it. The first time Bitcoin actually gained value was on October 12, 2009 when Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold 5050 Bitcoins for $5.02. This gave 1 Bitcoin ... Bitcoin price and market cap (log scale) through November 2019. Early Trading: Bitcoin History . Bitcoin really started to take off in 2013. The digital currency began the year trading at around ... What Was The Lowest Price of Bitcoin In History? By Rushali Shome. The price of Bitcoin is a source of great interest for crypto enthusiasts all around the world. Even when it is experiencing a bearish slump, one Bitcoin is worth almost 4000 US dollars. When something is capable of commanding that kind of a price, one cannot help but take ... Toward the end of the year, in October, the New Liberty Standard publishes the first Bitcoin exchange rate in the young cryptocurrency's history, deeming $1 to be worth 1,309.03 BTC.

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Mystery Founder Of Bitcoin: Uncovering Satoshi Nakamoto's ...

I've mentioned in previous videos what my general cryptocurrency investing strategy will be in 2019. I decided it would be worth displaying it in visual form... What is The History of Bitcoin: Super Easy Explanation - https://blockgeeks.com/ We’ll start at the very beginning by understanding the history of blockchain... Here's a story that started in 2009. I didn't even know what Bitcoin was but Nutz kept talking about it! She was obsessed with Bitcoin. Me? I kinda forgot ab... Bitcoin history – Price 2009 to 2018, Charts, Data – Bitcoin View Bitcoin's price since its inception in 2009 and all the way up to today. Complete with historical events and how they affected ... This video represent history of BTC-USD exchange rate until 2017.12.07. Bitcoin price is like crazy right now. How much will rising up? and, How much will fa...

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