пятница, 29 июня 2018 г.

bitcoin_price_usd

Simple Bitcoin Converter

Exchange rate calculated using USD Bitcoin price.

This site allows you to:

  • See the Bitcoin exchange rate i.e. the current value of one bitcoin.
  • Convert any amount to or from your preferred currency.

Bitcoin is a digital currency. You can use Bitcoin to send money to anyone via the Internet with no middleman. Learn more here.

Keep an eye on the Bitcoin price, even while browsing in other tabs. Simply keep this site open and see the live Bitcoin price in the browser tab. (Note: Some mobile browsers don’t yet support this feature.)

See how many bitcoins you can buy. Enter an amount on the right-hand input field, to see the equivalent amount in Bitcoin on the left.

See the value of your Bitcoin holdings. Enter the number of bitcoins you have, and watch their value fluctuate over time.

Compare Bitcoin to gold and other precious metals by checking out the converters for Bitcoin to gold, Bitcoin to silver, Bitcoin to platinum, and Bitcoin to palladium.

Try it on your phone or tablet—this site is designed with mobile devices in mind.

Convert in terms of smaller units e.g. microbitcoins (µ), millibitcoins (m). Toggle using keyboard shortcuts: 'u', 'm', and 'k'.

Bookmark your preferred currency e.g. Bitcoin to Euro, or Bitcoin to British Pound. This site currently supports 64 currencies.

Price data is continually gathered from multiple markets. A weighted average price of these markets is shown by default (based on 24-hour trade volume). Alternatively, you can choose a specific source from the settings menu.

Development

  • Linkable (i.e. bookmarkable, shareable) amounts.
  • A widget to be embedded on other sites.

  • Options added for millibitcoins, and 3 new cryptocurrencies. 2014-03-16
  • Volume-weighted pricing implemented as the default option. 2013-11-29
  • Multiple data source options included. Currency chooser improved. 08-16
  • Major Android-related bugs fixed. (Thanks to those who donated!) 07-07

You’re welcome to contact the creator of this site at Reddit or BitcoinTalk. Bug reports are greatly appreciated.

Disclaimer

The exchange rates on this site are for information purposes only. They are not guaranteed to be accurate, and are subject to change without notice.

Bitcoin (USD) Price

Pricing News

German Authorities Sold $14 Million in Seized Cryptos Over Price Fears

May 29, 2018 at 10:00 | Wolfie Zhao

Prosecutors in Germany have made an emergency sale of cryptocurrencies seized in two investigations due to concerns over price volatility.

Bitcoin Price Faces Last Major Support Level Before $5K

May 29, 2018 at 09:00 | Omkar Godbole

Bitcoin is down again and looks set to test another key support level at $6,900, the technical charts indicate.

Bitcoin Bears In Charge But Indecision Could Spur Rally

May 28, 2018 at 10:25 | Omkar Godbole

While the odds are still stacked in favor of bitcoin's bears, marketplace exhaustion may have provided a chance for a brief rally.

IHS Markit Has A Plan to Tokenize A $1 Trillion Loan Market

May 28, 2018 at 04:00 | Ian Allison

IHS Markit is developing a blockchain-based system to handle cash payments in syndicated loans – and eventually, in a wider range of transactions.

Just One Top Crypto Bucked This Week's Market Downturn

May 25, 2018 at 15:15 | Omkar Godbole

Shadowing the losses in bitcoin, the top-25 cryptocurrencies have all fallen over the last seven days – all bar one, that is.

Bitcoin Faces Close Below Long-Term Support In First Since 2015

May 25, 2018 at 10:00 | Omkar Godbole

If bitcoin closes the week below the 50-week moving average it will increase the likelihood of a sell-off to $6,000

Revolut App Adds XRP, Bitcoin Cash to Crypto Options

May 24, 2018 at 14:35 | Daniel Palmer

Mobile banking app Revolut now lets users buy, sell and hold Ripple's XRP and bitcoin cash, in addition to bitcoin, litecoin and ether.

Bitcoin Faces Drop to $7K as Bull Defense Crumbles

May 24, 2018 at 09:30 | Omkar Godbole

Bitcoin looks set to test $7,000 in the next 24 hours, courtesy of a bear flag breakdown on the technical charts.

Coinbase Is Rebranding Its Crypto Exchange Service

May 23, 2018 at 20:26 | Nikhilesh De

Coinbase announced Wednesday it was rebranding its GDAX platform as Coinbase Pro. Additionally, the company has acquired Paradex, a relay platform.

Bitcoin Price Faces Bear Indicator Not Seen Since 2014

May 23, 2018 at 09:00 | Omkar Godbole

Following bitcoin's recent losses, a key long-term trend indicator is looking increasingly bearish.

Bitcoin Price Today in US Dollars

The Kitco Bitcoin price Index provides the latest Bitcoin price in US Dollars using an average from the world's leading exchanges.

Bitcoin in Various Currencies

Other Cryptocurrencies vs Bitcoin

Bitcoin Basics

WHAT IS BITCOIN?

Bitcoin is a digital currency, which allows transactions to be made without the interference of a central authority. The cryptocurrency system is a peer-to-peer open-source software, meaning computers are part of a mining process for coins.

WHO CREATED BITCOIN?

Bitcoin was designed and created by an anonymous programmer, or possibly group of programmers, by the name of Satoshi Nakamoto.

HOW CAN I BUY BITCOINS?

There are various places to buy bitcoin in exchanges for another currency, with international exchangess available as well as local. Popular international Bitcoin exchangess include Bitsquare, Coinbase, and Kraken.

HOW DO I STORE BITCOINS?

Bitcoins can be transferred from a bitcoin exchanges to one of many bitcoin wallets, ranging from online options to вЂ˜cold storage’.

WHAT CAN YOU BUY BITCOIN WITH?

Bitcoin can be purchased through a digital marketplace, through which you can fund your account with your currency of choice, and place an order on the open market. Bank transfers are the most popular mode of payment.

IS BITCOIN LEGAL?

The use and trade of Bitcoin is legal in the majority of countries in the world, however, because it is a deregulated marketplace, governments are concerned about its potential threat as a tool for money laundering. Although mining and exchanging are questionable in terms of legality, it is known to be legal for users who exchanges bitcoins for goods and services.

WHAT IS BLOCKCHAIN?

A blockchain is a digital ledger recording cryptocurrency transactions, maintaining records referred to as вЂ˜blocks’ in a linear, chronological order.

WHY USE A BLOCKCHAIN?

Using a blockchain ensures security and manages digital relationships as part of a system of record.

WHAT IS DISTRIBUTED LEDGER?

A distributed ledger is a database, digitally recording transaction information using cryptography, making it secure and unforgeable.

WHAT IS THE DIFFERENCE BETWEEN A BLOCKCHAIN AND A DATABASE?

There are several differences between a blockchain and a database, including the level of control. Blockchains are under a decentralized control, whereas a centralized database creates a dependent relationship between users and administrators. Users tend to prefer confidentiality, which is better achieved through a centralized database. Performance also differs, as a centralized database is able to compute information faster than blockchains.

WHAT ARE ALTCOINS?

The term вЂ˜altcoins’ is short for alternative coins. Given that Bitcoin was the first cryptocurrency to surface in the market, the other digital currencies that emerged are referred to as altcoins.

Bitcoin Price (BTC - USD)

GO IN-DEPTH ON BITCOIN PRICE

Crypto is making a comeback as Italy's political crisis mounts

Crypto markets are making a big comeback as political uncertainty grips Italy and Europe. .

NEWS FOR BITCOIN PRICEMore

INFO ON Bitcoin

BITCOIN HISTORICAL PRICES

BITCOIN CURRENCY CONVERTER More

About Bitcoin Price

What is Bitcoin? By Markets Insider

Bitcoin keeps coming back in the headlines. With any Bitcoin price change making news and keeping investors guessing.

In countries that accept it, you can buy groceries and clothes just as you would with the local currency. Only bitcoin is entirely digital; no one is carrying actual bitcoins around in their pocket.

Bitcoin is divorced from governments and central banks. It's organized through a network known as a blockchain, which is basically an online ledger that keeps a secure record of each transaction and bitcoin price all in one place. Every time anyone buys or sells bitcoin, the swap gets logged. Several hundred of these back-and-forths make up a block.

No one controls these blocks, because blockchains are decentralized across every computer that has a bitcoin wallet, which you only get if you buy bitcoins.

Why bother using it?

True to its origins as an open, decentralized currency, bitcoin is meant to be a quicker, cheaper, and more reliable form of payment than money tied to individual countries. In addition, it's the only form of money users can theoretically "mine" themselves, if they (and their computers) have the ability.

But even for those who don't discover using their own high-powered computers, anyone can buy and sell bitcoins at the bitcoin price they want, typically through online exchanges like Coinbase or LocalBitcoins.

A 2015 survey showed bitcoin users tend to be overwhelmingly white and male, but of varying incomes. The people with the most bitcoins are more likely to be using it for illegal purposes, the survey suggested.

Each bitcoin has a complicated ID, known as a hexadecimal code, that is many times more difficult to steal than someone's credit-card information. And since there is a finite number to be accounted for, there is less of a chance bitcoin or fractions of a bitcoin will go missing.

But while fraudulent credit-card purchases are reversible, bitcoin transactions are not.

Bitcoin is unique in that there are a finite number of them: 21 million. Satoshi Nakamoto, bitcoin's enigmatic founder, arrived at that number by assuming people would discover, or "mine," a set number of blocks of transactions daily.

Every four years, the number of bitcoins released relative to the previous cycle gets cut in half, as does the reward to miners for discovering new blocks. (The reward right now is 12.5 bitcoins.) As a result, the number of bitcoins in circulation will approach 21 million, but never hit it.

This means bitcoin never experiences inflation. Unlike US dollars, whose buying power the Fed can dilute by printing more greenbacks, there simply won't be more bitcoin available in the future. That has worried some skeptics, as it means a hack could be catastrophic in wiping out people's bitcoin wallets, with less hope for reimbursement. Which could render bitcoin price irrelevant.

The future of bitcoin

Historically, the currency has been extremely volatile. But go by its recent boom — and a forecast by Snapchat's first investor, Jeremy Liew, that it will hit a bitcoin price of $500,000 by 2030 — and nabbing even a fraction of a bitcoin starts to look a lot more enticing.

Bitcoin users predict 94% of all bitcoins will have been released by 2024. As the total number creeps toward the 21 million mark, many suspect the profits miners once made creating new blocks will become so low they'll become negligible. With bitcoin’s price dropping significantly. But with more bitcoins in circulation, people also expect transaction fees to rise, possibly making up the difference.

One of the biggest moments for Bitcoin came in August 2017. When the digital currency officially forked and split in two: bitcoin cash and bitcoin.

Miners were able to seek out bitcoin cash beginning Tuesday August 1st 2017, and the cryptocurrency-focused news website CoinDesk said the first bitcoin cash was mined at about 2:20 p.m. ET.

Supporters of the newly formed bitcoin cash believe the currency will "breath new life into" the nearly 10-year-old bitcoin by addressing some of the issues facing bitcoin of late, such as slow transaction speeds.

Bitcoin power brokers have been squabbling over the rules that should guide the cryptocurrency's blockchain network.

On one side are the so-called core developers. They are in favor of smaller bitcoin blocks, which they say are less vulnerable to hacking. On the other side are the miners, who want to increase the size of blocks to make the network faster and more scalable.

Until just before the decision, the solution known as Segwit2x, which would double the size of bitcoin blocks to 2 megabytes, seemed to have universal support.

Then bitcoin cash came along. The solution is a fork of the bitcoin system. The new software has all the history of the old platform; however, bitcoin cash blocks have a capacity 8 megabytes.

Bitcoin cash came out of left field, according to Charles Morris, a chief investment officer of NextBlock Global, an investment firm with digital assets.

"A group of miners who didn't like SegWit2x are opting for this new software that will increase the size of blocks from the current 1 megabyte to 8," Morris told Business Insider.

To be sure, only a minority of bitcoin miners and bitcoin exchanges have said they will support the new currency.

Investors who have their bitcoin on exchanges or wallets that support the new currency will soon see their holdings double, with one unit in bitcoin cash added for every bitcoin. But that doesn't mean the value of investors' holdings will double.

Because bitcoin cash initially drew its value from bitcoin's market cap, it caused bitcoin's value to drop by an amount proportional to its adoption on launch.

The future of bitcoin and bitcoin’s price remains uncertain. It could go to a $1,000,000 or it could go to $0. No one truly knows.

GOLD PRICE

WHERE THE WORLD CHECKS THE GOLD PRICE

Calculators

Bitcoin Price

Bitcoin Price

Bitcoin is an increasingly popular cryptocurrency that utilizes blockchain technology to facilitate transactions. Basically, a user obtains a Bitcoin wallet that can be used for storing bitcoins and both sending and receiving of payments. The blockchain technology used by Bitcoin is really just a shared public ledger that is used by the entire public network. The technology used is secured through cryptography, a branch of mathematics that provides a highly secure means of facilitating and recording transactions on the network.

Bitcoin is the first cryptocurrency, a concept that was discussed in the late 90s. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list. The concept was presented by a person or group known as Satoshi Nakamoto. The real identity of Nakamoto has been a mystery since that time, with various theories on who the individual or group may be.

Bitcoin is in the very early stages of acceptance, and although it is already accepted as a means of payment by numerous merchants, it has yet to become more widely accepted and “mainstream.” This could change, however, as more and more users are attracted to cryptocurrencies for the various potential benefits they may provide. In fact, investors have been flocking to the currency in significant numbers, and some even feel that eventually Bitcoin and other cryptocurrencies could replace other traditional payment methods.

Benefits of Bitcoin

Bitcoin offers several important benefits to users. Some of the primary benefits of Bitcoin include:

Low cost: Bitcoin may offer a lower-cost alternative to other traditional payment methods such as bank wires, ACH or credit card payments. For individuals or companies that need to transact regularly, these cost savings can add to substantially.

Bitcoin is global: Using the Bitcoin network, payments can be sent or received anywhere in the world. Such payments may avoid expensive wire fees, and can also potentially eliminate the need to pay credit card foreign transaction fees.

Bitcoin is fast: Transactions made using the Bitcoin network are fast, and settle quickly. This can eliminate the need to wait for clearance of funds which can sometimes exceed 14 days for checks or electronic transfers.

Bitcoin is secure: One of the main principles behind the Bitcoin network is security. The blockchain technology is proving to be a very secure way to facilitate payments, and the decentralized nature of the network can also make t more secure.

Decentralization: Bitcoin is decentralized-meaning it is not run or managed by any central authority. This can not only potentially provide added network security, but it can also promote network integrity.

Bitcoin may react differently to inflation/deflation: Bitcoin differs significantly from fiat currencies, due to the fact that there is a limited number of bitcoins to be mined. Paper money, on the other hand, can be created at will out of thin air by central banks. Due to its limited supply, Bitcoin may potentially hold its value better than paper money, which can technically have an unlimited supply.

Bitcoin has become more widely traded as of 2017, and both short term traders and long-term investors are looking to participate in this exciting market. The price of bitcoin fluctuates on a daily basis, and can see some significant price volatility. Prices can be affected by numerous influences. Some of the possible drivers of price include: further acceptance, more exchanges opening, regulations, weakening paper currency values, inflation and more.

Charts can be a very useful tool for those looking to trade or invest in Bitcoin. Prices are available on numerous time frames, from as little as a minute to monthly or yearly charts. Short term traders may use shorter-term charts to try to profit from buying and selling of Bitcoin. Long-term investors may use charts to try to identify areas f support and resistance. When the market declines into support levels, investors may see that as a solid buying opportunity and look to buy Bitcoin on dips.

Charts can also be useful for spotting tradable technical patterns as well as potentially overbought or oversold conditions.

Bitcoin prices saw tremendous activity during 2017, rising several thousand percent over the year. The market has seen some volatility, although many of the dips seen in the cryptocurrency have thus far proven to be good buying opportunities. This trend may or may not continue, but given the outlook for Bitcoin and other cryptocurrencies, the trend could potentially remain higher for a long time to come.

While there is certainly the possibility of making short-term profits in Bitcoin, many market participants are viewing an investment in Bitcoin as a long-term play. If the cryptocurrency were to eventually become a favored form of global payment and remittance, there is no telling just how high prices could go. Some have even suggested that the price of Bitcoin could hit $50,000 in 2018 and eventually $1 million.

Bitcoin IRA

Bitcoin can even be purchased as a long-term investment through a Bitcoin IRA. A Bitcoin IRA can provide the same profit potential and investment opportunity as a regular Bitcoin purchase, but it can do so with the added benefits of an IRA account. Some of the primary benefits of purchasing Bitcoin in an IRA include tax-deferred growth and a possible tax deduction. For more information on Bitcoin IRA accounts, visit cyrptoira.com.

Although there are no guarantees that Bitcoin will continue to rise in value, the future does look bright for this exciting cryptocurrency. Unlike leveraged instruments, you can rest assured that your exposure to Bitcoin is limited to what you pay for it. (This does not apply to Bitcoin or other cryptocurrency derivatives that may be leveraged or shorted).

US Search Mobile Web

Welcome to the Yahoo Search forum! We’d love to hear your ideas on how to improve Yahoo Search.

The Yahoo product feedback forum now requires a valid Yahoo ID and password to participate.

You are now required to sign-in using your Yahoo email account in order to provide us with feedback and to submit votes and comments to existing ideas. If you do not have a Yahoo ID or the password to your Yahoo ID, please sign-up for a new account.

If you have a valid Yahoo ID and password, follow these steps if you would like to remove your posts, comments, votes, and/or profile from the Yahoo product feedback forum.

  • Vote for an existing idea ( )
  • or
  • Post a new idea…
  • Hot ideas
  • Top ideas
  • New ideas
  • Category
  • Status
  • My feedback

Improve your services

Your search engine does not find any satisfactory results for searches. It is too weak. Also, the server of bing is often off

I created a yahoo/email account long ago but I lost access to it; can y'all delete all my yahoo/yahoo account except for my newest YaAccount

I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be 'secure' then it'll be 'unfair' gaming and I'll lose because of the insecurity can be a 'Excuse'. Hope y'all understand my explanation!

I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be… more

chithidio@Yahoo.com

i dont know what happened but i can not search anything.

Golf handicap tracker, why can't I get to it?

Why do I get redirected on pc and mobile device?

Rahyaftco@yahoo.com

RYAN RAHSAD BELL literally means

Question on a link

In the search for Anaïs Nin, one of the first few links shows a picture of a man. Why? Since Nin is a woman, I can’t figure out why. Can you show some reason for this? Who is he? If you click on the picture a group of pictures of Nin and no mention of that man. Is it an error?

Repair the Yahoo Search App.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and I signed in so he could try to fix the Yahoo Search App not working. He also used another phone, installed the app from the Google Play Store to see if the app would do any kind of search thru the app. The Yahoo Search App just wasn't working.

I also had At&t try to help me because I have UVERSE for my internet service. My internet was working perfectly. Their Technical Support team member checked the Yahoo Search App and it wouldn't work for him either.

We can go to www.yahoo.com and search for any topic or website. It's just the Yahoo Search App that won't allow anyone to do web searches at all.

I let Google know that the Yahoo Search App installed from their Google Play Store had completely stopped working on May 18, 2018.

I told them that Yahoo has made sure that their Yahoo members can't contact them about anything.

I noticed that right after I accepted the agreement that said Oath had joined with Verizon I started having the problem with the Yahoo Search App.
No matter what I search for or website thru the Yahoo Search App it says the following after I searched for
www.att.com.

WEBPAGE NOT AVAILABLE
This webpage at gttp://r.search.yahoo.com/_ylt=A0geJGq8BbkrgALEMMITE5jylu=X3oDMTEzcTjdWsyBGNvbG8DYmyxBHBvcwMxBHZ0aWQDTkFQUEMwxzEEc2VjA3NylRo=10/Ru=https%3a%2f%2fwww.att.att.com%2f/Rk=2/Es=plkGNRAB61_XKqFjTEN7J8cXA-
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED

I tried to search for things like www.homedepot.com. The same thing happened. It would say WEBPAGE NOT AVAILABLE. The only thing that changed were all the upper and lower case letters, numbers and symbols.
Then it would again say
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED

This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.

Yahoo needs to fix the problem with their app.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and… more

Bitcoin Price (BTC - USD)

GO IN-DEPTH ON BITCOIN PRICE

Crypto is making a comeback as Italy's political crisis mounts

Crypto markets are making a big comeback as political uncertainty grips Italy and Europe. .

NEWS FOR BITCOIN PRICEMore

INFO ON Bitcoin

BITCOIN HISTORICAL PRICES

BITCOIN CURRENCY CONVERTER More

About Bitcoin Price

What is Bitcoin? By Markets Insider

Bitcoin keeps coming back in the headlines. With any Bitcoin price change making news and keeping investors guessing.

In countries that accept it, you can buy groceries and clothes just as you would with the local currency. Only bitcoin is entirely digital; no one is carrying actual bitcoins around in their pocket.

Bitcoin is divorced from governments and central banks. It's organized through a network known as a blockchain, which is basically an online ledger that keeps a secure record of each transaction and bitcoin price all in one place. Every time anyone buys or sells bitcoin, the swap gets logged. Several hundred of these back-and-forths make up a block.

No one controls these blocks, because blockchains are decentralized across every computer that has a bitcoin wallet, which you only get if you buy bitcoins.

Why bother using it?

True to its origins as an open, decentralized currency, bitcoin is meant to be a quicker, cheaper, and more reliable form of payment than money tied to individual countries. In addition, it's the only form of money users can theoretically "mine" themselves, if they (and their computers) have the ability.

But even for those who don't discover using their own high-powered computers, anyone can buy and sell bitcoins at the bitcoin price they want, typically through online exchanges like Coinbase or LocalBitcoins.

A 2015 survey showed bitcoin users tend to be overwhelmingly white and male, but of varying incomes. The people with the most bitcoins are more likely to be using it for illegal purposes, the survey suggested.

Each bitcoin has a complicated ID, known as a hexadecimal code, that is many times more difficult to steal than someone's credit-card information. And since there is a finite number to be accounted for, there is less of a chance bitcoin or fractions of a bitcoin will go missing.

But while fraudulent credit-card purchases are reversible, bitcoin transactions are not.

Bitcoin is unique in that there are a finite number of them: 21 million. Satoshi Nakamoto, bitcoin's enigmatic founder, arrived at that number by assuming people would discover, or "mine," a set number of blocks of transactions daily.

Every four years, the number of bitcoins released relative to the previous cycle gets cut in half, as does the reward to miners for discovering new blocks. (The reward right now is 12.5 bitcoins.) As a result, the number of bitcoins in circulation will approach 21 million, but never hit it.

This means bitcoin never experiences inflation. Unlike US dollars, whose buying power the Fed can dilute by printing more greenbacks, there simply won't be more bitcoin available in the future. That has worried some skeptics, as it means a hack could be catastrophic in wiping out people's bitcoin wallets, with less hope for reimbursement. Which could render bitcoin price irrelevant.

The future of bitcoin

Historically, the currency has been extremely volatile. But go by its recent boom — and a forecast by Snapchat's first investor, Jeremy Liew, that it will hit a bitcoin price of $500,000 by 2030 — and nabbing even a fraction of a bitcoin starts to look a lot more enticing.

Bitcoin users predict 94% of all bitcoins will have been released by 2024. As the total number creeps toward the 21 million mark, many suspect the profits miners once made creating new blocks will become so low they'll become negligible. With bitcoin’s price dropping significantly. But with more bitcoins in circulation, people also expect transaction fees to rise, possibly making up the difference.

One of the biggest moments for Bitcoin came in August 2017. When the digital currency officially forked and split in two: bitcoin cash and bitcoin.

Miners were able to seek out bitcoin cash beginning Tuesday August 1st 2017, and the cryptocurrency-focused news website CoinDesk said the first bitcoin cash was mined at about 2:20 p.m. ET.

Supporters of the newly formed bitcoin cash believe the currency will "breath new life into" the nearly 10-year-old bitcoin by addressing some of the issues facing bitcoin of late, such as slow transaction speeds.

Bitcoin power brokers have been squabbling over the rules that should guide the cryptocurrency's blockchain network.

On one side are the so-called core developers. They are in favor of smaller bitcoin blocks, which they say are less vulnerable to hacking. On the other side are the miners, who want to increase the size of blocks to make the network faster and more scalable.

Until just before the decision, the solution known as Segwit2x, which would double the size of bitcoin blocks to 2 megabytes, seemed to have universal support.

Then bitcoin cash came along. The solution is a fork of the bitcoin system. The new software has all the history of the old platform; however, bitcoin cash blocks have a capacity 8 megabytes.

Bitcoin cash came out of left field, according to Charles Morris, a chief investment officer of NextBlock Global, an investment firm with digital assets.

"A group of miners who didn't like SegWit2x are opting for this new software that will increase the size of blocks from the current 1 megabyte to 8," Morris told Business Insider.

To be sure, only a minority of bitcoin miners and bitcoin exchanges have said they will support the new currency.

Investors who have their bitcoin on exchanges or wallets that support the new currency will soon see their holdings double, with one unit in bitcoin cash added for every bitcoin. But that doesn't mean the value of investors' holdings will double.

Because bitcoin cash initially drew its value from bitcoin's market cap, it caused bitcoin's value to drop by an amount proportional to its adoption on launch.

The future of bitcoin and bitcoin’s price remains uncertain. It could go to a $1,000,000 or it could go to $0. No one truly knows.

BTC/USD - Bitcoin US Dollar

Latest comments BTC/USD

My d. o. j. Comments were taken down. Can't mention facts on this forum? Who runs this board? . (Read More)

23 minutes ago · 1 · Reply

Last chance to sell Bitcoin above 7k next we will see 6500 in the next coming 5days. 3K before the end of July . (Read More)

2 hours ago · 3 · Reply

Looking for 7659 most likely at the .38. This could be 2 of 5 of the large 3 of C. Staying cautious, but can still make some of these pops. . (Read More)

2 hours ago · 4 · Reply

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Bitcoin Price Weekly Analysis – Can BTC/USD Break $8,500?

Bitcoin Price Weekly Analysis – Can BTC/USD Break $8,500?

Key Points

  • Bitcoin price surged higher this past week and broke $7,500 resistance against the US Dollar.
  • There was a break above a key bearish trend line with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  • The pair is currently trading above $8,000 and is facing a monster resistance near the $8,500 level.

Bitcoin price is trading in a bullish zone above $7,500 against the US Dollar. BTC/USD has to move above $8,500 to extend gains in the near term.

Bitcoin Price Trend

This past week, there was a sharp upside move in bitcoin price from the $6,800 swing low against the US Dollar. The price surged higher and broke many resistances on the way up such as $7,000 and $7,500. There was also a break above the 38.2% Fib retracement level of the last decline from the $9,025 swing high to $6,450 swing low, which is a positive sign.

More importantly, there was a break above a key bearish trend line with resistance at $7,600 on the 4-hours chart of the BTC/USD pair. The pair is now trading well above the $7,000 level and the 100 simple moving average (4-hours). Furthermore, the price settled above the 61.8% Fib retracement level of the last decline from the $9,025 swing high to $6,450 swing low. However, it is facing a monster hurdle on the upside near the $8,500 level. It acted as a support earlier and the stated $8,500 will most likely prevent upsides in the near term. If BTC buyers succeed in pushing the price above the $8,500 level, there could be a test of the last swing high near $9,025.

Looking at the chart above, the pair is positioned nicely above the $7,500 pivot level. It may continue to trade higher if it succeeds in clearing the $8,500 barrier. On the downside, supports are visible near $7,800, $7,600 and $7,500.

Looking at the technical indicators:

4-hours MACD – The MACD for BTC/USD is placed nicely with positive signs.

4-hours RSI (Relative Strength Index) – The RSI is currently well above the 60 level.

Major Support Level – $7,500

Major Resistance Level – $8,500

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Bitcoin Price

Bitcoin Price

Bitcoin is an increasingly popular cryptocurrency that utilizes blockchain technology to facilitate transactions. Basically, a user obtains a Bitcoin wallet that can be used for storing bitcoins and both sending and receiving of payments. The blockchain technology used by Bitcoin is really just a shared public ledger that is used by the entire public network. The technology used is secured through cryptography, a branch of mathematics that provides a highly secure means of facilitating and recording transactions on the network.

Bitcoin is the first cryptocurrency, a concept that was discussed in the late 90s. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list. The concept was presented by a person or group known as Satoshi Nakamoto. The real identity of Nakamoto has been a mystery since that time, with various theories on who the individual or group may be.

Bitcoin is in the very early stages of acceptance, and although it is already accepted as a means of payment by numerous merchants, it has yet to become more widely accepted and “mainstream.” This could change, however, as more and more users are attracted to cryptocurrencies for the various potential benefits they may provide. In fact, investors have been flocking to the currency in significant numbers, and some even feel that eventually Bitcoin and other cryptocurrencies could replace other traditional payment methods.

Benefits of Bitcoin

Bitcoin offers several important benefits to users. Some of the primary benefits of Bitcoin include:

Low cost: Bitcoin may offer a lower-cost alternative to other traditional payment methods such as bank wires, ACH or credit card payments. For individuals or companies that need to transact regularly, these cost savings can add to substantially.

Bitcoin is global: Using the Bitcoin network, payments can be sent or received anywhere in the world. Such payments may avoid expensive wire fees, and can also potentially eliminate the need to pay credit card foreign transaction fees.

Bitcoin is fast: Transactions made using the Bitcoin network are fast, and settle quickly. This can eliminate the need to wait for clearance of funds which can sometimes exceed 14 days for checks or electronic transfers.

Bitcoin is secure: One of the main principles behind the Bitcoin network is security. The blockchain technology is proving to be a very secure way to facilitate payments, and the decentralized nature of the network can also make t more secure.

Decentralization: Bitcoin is decentralized-meaning it is not run or managed by any central authority. This can not only potentially provide added network security, but it can also promote network integrity.

Bitcoin may react differently to inflation/deflation: Bitcoin differs significantly from fiat currencies, due to the fact that there is a limited number of bitcoins to be mined. Paper money, on the other hand, can be created at will out of thin air by central banks. Due to its limited supply, Bitcoin may potentially hold its value better than paper money, which can technically have an unlimited supply.

Bitcoin has become more widely traded as of 2017, and both short term traders and long-term investors are looking to participate in this exciting market. The price of bitcoin fluctuates on a daily basis, and can see some significant price volatility. Prices can be affected by numerous influences. Some of the possible drivers of price include: further acceptance, more exchanges opening, regulations, weakening paper currency values, inflation and more.

Charts can be a very useful tool for those looking to trade or invest in Bitcoin. Prices are available on numerous time frames, from as little as a minute to monthly or yearly charts. Short term traders may use shorter-term charts to try to profit from buying and selling of Bitcoin. Long-term investors may use charts to try to identify areas f support and resistance. When the market declines into support levels, investors may see that as a solid buying opportunity and look to buy Bitcoin on dips.

Charts can also be useful for spotting tradable technical patterns as well as potentially overbought or oversold conditions.

Bitcoin prices saw tremendous activity during 2017, rising several thousand percent over the year. The market has seen some volatility, although many of the dips seen in the cryptocurrency have thus far proven to be good buying opportunities. This trend may or may not continue, but given the outlook for Bitcoin and other cryptocurrencies, the trend could potentially remain higher for a long time to come.

While there is certainly the possibility of making short-term profits in Bitcoin, many market participants are viewing an investment in Bitcoin as a long-term play. If the cryptocurrency were to eventually become a favored form of global payment and remittance, there is no telling just how high prices could go. Some have even suggested that the price of Bitcoin could hit $50,000 in 2018 and eventually $1 million.

Bitcoin IRA

Bitcoin can even be purchased as a long-term investment through a Bitcoin IRA. A Bitcoin IRA can provide the same profit potential and investment opportunity as a regular Bitcoin purchase, but it can do so with the added benefits of an IRA account. Some of the primary benefits of purchasing Bitcoin in an IRA include tax-deferred growth and a possible tax deduction. For more information on Bitcoin IRA accounts, visit cyrptoira.com.

Although there are no guarantees that Bitcoin will continue to rise in value, the future does look bright for this exciting cryptocurrency. Unlike leveraged instruments, you can rest assured that your exposure to Bitcoin is limited to what you pay for it. (This does not apply to Bitcoin or other cryptocurrency derivatives that may be leveraged or shorted).

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