Trace Mayer Wants Bitcoin to Go Dark in 2017 for Price to Spike
One of the biggest development hurdles that Bitcoin expert and entrepreneur Trace Mayer wants the digital currency to overcome in 2017, in order for it to progress to the next stage, is for Bitcoin to go dark so as to become more expensive. Mayer says in an interview with CrushTheStreet: “I would like to see Bitcoin become encrypted so that all the investors (in those AML/KYC startups) basically lose their investments and Bitcoin goes dark. And then we have no idea what is going on fundamentally with Bitcoin and it just begins corrosively eating away at all legitimately feasible economies.....
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I had the opportunity to sit down at Premier Studios with Trace Mayer as he got ready to attend this year's Money 20/20 conference. Join us as Trace Mayer discusses the CEO panel of Bitcoin companies for Money 20/20, Bitcoin security, Bitcoin for beginners, investments in Bitcoin and much more! This is one interview you will not want to miss! For more info: Trace Mayer; www.bitcoin.kn; www.freebitcoinguide.com. Read More: bitcoin mayer trace
Adam B. Levine (Let's Talk Bitcoin): Please introduce yourself and give a brief overview of what you hope to accomplish with your candidacy. Trace Mayer: I'm Trace Mayer. I've been involved with Bitcoin for a long time. Actually, Jon Matonis and I started our Bitcoin blogs within about a week of each other. We've been major thought leaders together in this new space. I've written a Bitcoin beginners guide, authored a lot of the Bitcoin FAQ. I've had several national level media appearances already. So you can review and [look at] how I perform there. Whether it's Fox Business, Colbert....
Trace Mayer recently appeared on FOX Business and was asked the question by host Melissa Francis: "Bitcoin is just insane and it has really taken off. People are paying attention to it. But is it for real?"His response, "Yes, it is definitely for real. I remember the first time I encouraged people to buy Bitcoins it was around a nickel per bitcoin and now it is around $133. So those people who would have followed that advice would have been able to participate in one of the largest bull markets in history and this bull market is not even close to being over." Why is this bull market not....
Segregated Witness or SegWit, a proposed upgrade to the Bitcoin protocol, could become the new iteration of the Bitcoin code if 95 percent of the hash power adopts the solution. Miner-adoption sits just shy of 25 percent currently, though, as users mull other options, like Bitcoin Unlimited or Bitcoin Classic, in Bitcoin’s “Civil War,” as it’s been called. Privacy enhancing features of the SegWit code, if adopted, could be a boon for Bitcoin prices in 2017, suggest proponents of the ‘block size’ solution. Bitcoin investor and serial entrepreneur Trace Mayer stresses how SegWit’s code could....
An increasingly rare bull signal for investors comes after both the Mayer Multiple and Bitcoin price shed 50% versus November 2021. Bitcoin (BTC) has dipped enough for one of its best-known indicators to signal a rare long-term investment opportunity is here.As of Feb. 22, the Mayer Multiple is sitting at its lowest level since Bitcoin bounced at $29,000 in July last year.Mayer Multiple down 50% in 3 monthsThe latest in a series of metrics to echo the pit of the 2021 retracement on BTC/USD, the Mayer Multiple currently measures 0.76, having halved since November's $69,000 all-time high.The....