🗞 Daily Crypto News, November 29th 💰

in #bitcoin7 years ago

  • Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin
  • BBVA Launching Blockchain Shipping Solution
  • Bitfinex Faces Further Scrutiny Over Tether Liquidity Concerns
  • Could We Use the Blockchain to Create an Immutable Record of the World’s Collective Knowledge?
  • SBD Trading Update by @cryptopassion

🗞 Love It or Hate It: Anarcho-Capitalist Luminaries Weigh In On Bitcoin

Bitcoin is a fascinating monetary tool that many believe will help fight the central banking system, corrupt economic planning, and help stop a small group of individuals from controlling the world’s money supply. Often times bitcoin is associated with anarcho-capitalism, free markets, and sometimes the Austrian school of economics. Today we will look at a large group of anarcho-capitalists, ‘gold bugs,’ and well-known economists to see how they feel about the bitcoin revolution.

Read more & Source: https://news.bitcoin.com/love-it-or-hate-it-anarcho-capitalist-luminaries-weigh-in-on-bitcoin/

🗞 BBVA Launching Blockchain Shipping Solution

Banco Bilbao Vizcaya Argentaria (BBVA) has partnered with Blockchain company Waves to create a distributed ledger technology (DLT) platform for processing and handling shipping document submissions. The system, already being tested, was able to reduce the processing and handling times from 7-10 days, to just 2.5 hours.

Read more & Source: https://cointelegraph.com/news/bbva-launching-blockchain-shipping-solution

🗞 Bitfinex Faces Further Scrutiny Over Tether Liquidity Concerns

Keeping a smaller currency constantly pegged to a larger national one, to a regional one or even to a global reserve currency, is a difficult task which many central banks around the world have failed to do in the past in times of crisis. When enough speculators attack the currency, or capital outflows are just too great to handle, keeping the peg becomes unsustainable and it cracks. Despite this the people behind one controversial altcoin, Tether, are trying to achieve just that.

Read more & Source: https://news.bitcoin.com/bitfinex-faces-further-scrutiny-over-tether-liquidity-concerns/

🗞 Could We Use the Blockchain to Create an Immutable Record of the World’s Collective Knowledge?

Imagine a public record which acts as the world’s knowledge-base for all of life’s most pressing questions, where the answers are vetted by thousands – if not millions of people. All using the blockchain.

Read more & Source: https://themerkle.com/could-we-use-the-blockchain-to-create-an-immutable-record-of-the-worlds-collective-knowledge/

SBD Trading Update by @cryptopassion

You have to be cautious with this analysis because I'm still notre sure that SBD, which is alo impacted by the STEEM witness, is moving like other cryptos.

However, I detected classic patterns on the chart, so let's try a trade with the STEEM DOLLAR (SBD)

The SBD is forming a nice triangle pattern :

As always no one can be 100% sure of the direction that the Break Out will take. My opinion is that we will have a UP Break Out but the safest way to trade it is the following :

  • Wait the start of the Break Out (UP or DOWN)
  • Enter your position by following the trend
  • Determine your profit target when you know the price of your entry
  • Wait and adapt if needed your profit target to sold your position with I hope a nice profit.

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It has certainly reached $ 9,900 around 9:00. He will pass the 10,000 mark at midday, that's for sure! But it could easily reach $ 40,000 by the end of 2018. As for Ethereum, which has just reached $ 500, it should celebrate Christmas at $ 1,500. At the same time Laszlo Birinyi - a hard-core hard of Wall Street (strategist of Birinyi Associates, Inc. & Asset Management) raises its target on the S & P500 to 2,700 by the end of 2017.
The interests of Bitcoin: we stay warm and it does not take place!
But who can be stupid enough to get behind the wheel of his "UberG7"? His little customer counter at Schplonk bank. And even more, keep your stock portfolio (4% potential at best by the end of the year). While it is enough to stay warm at home, in front of his screen to be +1000% since January 1st. And it remains to be 400% on Bitcoin in 1 month (+4,000% per year).
And in addition, unlike gold and bank notes ($ 40,000, that's several wads or stacks of Napoleon), there is no need to spend hard earned money (+ 3% per day) ) to rent a safe. You do not have to buy a tulip bulb flowerpot to store them because the BTC is just ... NOTHING!

good post thanks for shearing

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