Bitcoin Against the World - Advantage Bitcoin!
It's been a real good Week for Bitcoin! There's been much good news about bitcoin this week. China is back in the Bitcoin business. Forex trading instruments are being introduced and hearings by the New York State Legislature this week left this writer very pleased. So I thought I would provide some positive analysis about the competitive advantage Bitcoin enjoys over our larger competition. PayPal plus eBay plus Apple VS. Bitcoin. The combination of Apple, eBay and PayPal would be a solid threat to bitcoin growth. Fortunately they will be unlikely to get there acts together before bitcoin....
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The mother of Mt. Gox CEO Mark Karpeles says her son is a poor communicator who easily allows others to take advantage of him, but she insists he is not dishonest. Tokyo-based Mt. Gox had been the largest and oldest bitcoin exchange in the world until it collapsed and declared itself bankrupt in late February, having lost vast amounts of its customers' bitcoins - allegedly to hackers. In an interview with Reuters, Anne Karpeles said her son was always a bright child, a prodigy who was admitted to IQ society Mensa as a teenager. However, Anne says her son's people skills did not keep up....
Ethereum is currently fortifying at a point which is profitable for the bulls. Will there be a turn to decline? Will the bears hold the advantage? The fact that Ethereum has fortified at the level of $8.5 signifies that the bulls are holding the advantage. The $8.5 price is profitable for the bulls, but the graph clearly shows that the buyers are not taking advantage of that profit at the moment. If this keeps up and a downward turn forms, the most probable scenario will be that of the medium-term trend heading down. If, however, the bulls do manage to make use of their advantage, there....
Bitcoin gives users a decisive strategic advantage which can be used to consolidate a dominant position, forming a power singleton.
In the space of one week, the price of Dogecoin has already pumped tremendously. The meme coin is already up more than 150% in a 7-day period to reach a new six-month high of $0.16. During this time, investors have no doubt taken advantage of the situation to actually sell some of their coins for […]
Bitcoin’s price is right now at a point where the market will make a decision on the further medium-term direction. There will either be a turnaround or a continuation of the downward trend. The price has bounced off the level of $409, that we’ve mentioned before. This indicates the buyers’ relative advantage. However, before that advantage becomes significant (either with buyers or sellers), there will be a sideways (flat) movement.