#Bitcoin The time is now. Reasons to Buy Bitcoin now at $4000 Published 5 months ago on November 28, 2018 By Joyce Lang Share Tweet Price correction has brought BTC to a very healthy valuation In 2017 we saw one of the most grounded energizes in Bitcoin history and it crested at the current all-time high of around $19500 per bitcoin before it made the unavoidable rectification. In the ongoing months, the cost has dropped down as much as 80 %. This is a piece of the repetitive idea of the development of bitcoin, and frequently these revisions give the best purchasing chances. One of my most loved pointers is the alleged “Mayer multiple” which depends on the connection of the current cost and the 200-day avg price. At this moment we are well underneath the 200-day normal value, giving us a Mayer multiple of 0.565. As a rule, a high multiple can be a sign of a bubble and a low multiple a sign of undervaluation. In early 2018, the Mayer multiple was between the 3.2 to 3.5 range. Lightning network The incomparable Bitcoin scaling war began in 2015 and caused a great deal of show, stress, and uncertainty in the Bitcoin people group. In 2017 the war finished with the enactment of the Segregated Witness redesign and the formation of Bcash (Bitcoin Cash). This at the same time set in stone the course Bitcoin improvement will take later on and offered an option for the individuals who bolster an alternate bearing. Presently the foreboding shadows are gone, and the sky is clear. Bitcoin is advancing, and one of the best improvements in Bitcoin history is the lightning network. To this date Bitcoin has been incredible at being computerized gold however with the expansion of lightning, it can likewise turn into an installment framework. The lightning network is an innovation that empowers anybody to send bitcoins immediately with low charges and it at the same time holds the essential belief system of bitcoin, implying that no outsider takes care of your coins. In the lightning network, clients make alleged installment channels and installments are steered through this network of channels. Lightning likewise empowers the swapping of various coins specifically through the lightning network, as long as the coin underpins lightning. As of now, this is conceivable among Bitcoin and Litecoin. The utilization of Lightning with actual bitcoins began in mid-2018 and right now the network has 2700 nodes, 9000 channels with an aggregate limit of 63 BTC. It is most appropriate for little installments going from $0.001 to $50, and it would already be able to be utilized in some online stores and administrations. I expect the utilization of Lightning to keep on developing quickly and it could change Bitcoin, as well as online trade as a rule. This article is the viewpoint of the author and does not represent a financial advice. You should do your own research and due diligence before making any decisions and buy bitcoin. Related Topics:4000Bitcoinbitcoin 4000bitcoinsbtcbtc 4000BTC buybuy bitcoinbuy BTCbuy btc nowbuying Bitcoinbuying btcwhy buy bitcoinwhy to buy bitcoin Up Next Mining company to solve global energy problem with Cryptocurrency mining Don't Miss Nasdaq to launch Bitcoin Futures in early 2019 Continue Reading Advertisement You may like Donald Trump policies push Mexico to Bitcoin BTC to USD: Bitcoin Price Analysis, Bulls vs Bears Anthony Pompliano: Every exchange should delist Bitcoin SV on 1st May Binance founder threatens to delist Bitcoin SV Bitcoin Crashes Downwards: Is BTC Going to Fall Back to $4000? China to completely ban crypto mining: Bitcoin about to Crash Hard? 3 Comments 3 Comments Pingback: Do you need to have a little extra cash coming into your residence? How about an entirely new task? How would you like to achieve that from the comfort of your personal property on the internet? Which is possible, and you only need to discover some sugges Pingback: For those who have a household and even are living on your own, you are aware that you want earnings in order to survive. Considering the variety of layoffs, more and more people are seeking choice ways of taking residence money. Even so, you may be shock Pingback: Deadly November: Killed Bitcoin and Cryptocurrency Market – Coinnounce (press release) (blog) | Bitcoin & Cryptocurrency Leave a Reply Cancel reply Your e-mail address will not be published. Required fields are marked *Comment Name * Email * Website #Bitcoin Donald Trump policies push Mexico to Bitcoin Published 2 days ago on April 17, 2019 By Nadja Eriksson Mexico has seen a new all-time high trading volume on localbitcoins. This comes out on the back of the announcement from the Trump Whitehouse that remittance payments of Mexican migrants in the United States of America will potentially be the target of new restrictions essentially ending the possibility of Mexican migrant workers to be able to cheaply send money back home to their families. Mexico adopting Bitcoin: Mexico has been experiencing a massive increase in the number of transactions on localbitcoins. Mexican migrant workers are believed to be exploited by the remittance companies which are charging around 10% fees. What is essentially being discussed here by the Trump Whitehouse is a new tax on these migrant workers. The number that they are currently floating around is a 3% tax on the remittances going from the USA to Mexico. This may not seem super crazy but considering the $33.4 billion which were sent to Mexico in 2018 alone, that extra 3% could mean $1 billion more per year for the United States government. 98% of the transactions that were sent during the last year, were sent via electronic means which means that there is actually a very strong remittance route that is ready for mass disruption going from the United States to Mexico and Bitcoin could be the perfect answer. However, the average size of a remittance payment from the United States to Mexico is $322 last year and the problem is that if the fees rise again exponentially on bitcoin, then bitcoin might not be the ideal cryptocurrency for these kinds of smaller remittance payments. Maybe we are going to see some other cryptocurrency being adopted in that situation. But regardless of which cryptocurrency is used, we can see that there is a clear need for disruption as government policies again seeks to impede or overly exploit the free float of money. Continue Reading #Bitcoin Bitcoin Crashes Downwards: Is BTC Going to Fall Back to $4000? Published 1 week ago on April 11, 2019 By Nadja Eriksson Bitcoin fell down to test the $5000 support level which is the most crucial level for BTC currently. The downward correction started after bitcoin tested the $5500 resistance level yesterday at around 18:00 UTC. The resistance around $5500 proved very strong and pushed the price downwards sharply. The sharp declining pattern attracted a lot of sellers which even pushed the price below $5200 support level and BTC tested the $5000 support reaching up to $5018. BTCUSD Price Chart- Coinbase Bitcoin is currently trading around $5070 (at the time of publication) showcasing a bearish pattern. Bitcoin Price Drop: The sudden price drop has led to people speculating that BTC might soon crash back to the $4000 range. Earlier, analysts were also predicting the sudden rise of bitcoin to be a conspiracy. Also, Bloomberg had also called the sudden rise a Blip. If BTC had successfully crossed over the $5500 range, the next major resistance was around $5800, however, BTC fell sharply losing more than $400 in value over the last 24 hours. The bearish move does not clearly indicate a crash towards $4500 and $4000 range, however, if the current major support around $5000 is broken, BTC might really crash to $4500 and $4200 support levels. With the price of bitcoin falling, other major altcoins are also in the red zone today with Ethereum falling more than 8% in the last 24 hours, XRP falling more than 6% and Litecoin falling around 12% in the last 24 hours. Continue Reading #Bitcoin China to completely ban crypto mining: Bitcoin about to Crash Hard? Published 1 week ago on April 10, 2019 By Layla Harding As reported by Bloomberg, China is moving towards putting a complete ban on mining cryptocurrencies such as bitcoin. In accordance to a document posted by the National Department and Reform Commission of China, the mining of cryptocurrencies should be completely banned as it causes serious wasatage of resources. China is known to be the largest hub of cryptocurrency mining with huge mining rigs been set up in the country. Earlier, China has also banned small investors to invest in security token offerings or STOs and only large investors with more than $1 million funds are allowed to invest in such projects. Now, the country is planning to take strict action against cryptocurrency miners in the country. Cryptocurrency miners were earlier attracted to China due to their cheap electricity rates and subsidies in the country, however, due to the strict actions being taken by the government with the guidelines of the NDRC which has disincentivized cryptocurrency mining, a lot of miners have shut down their operations or moved to other nations. Largest Mining Pools in China: China has been a hub for some of the largest cryptocurrency mining polls. Even though the mining pools have been shifting to other countries, there has been some effect of the ban on the market for bitcoin and other cryptocurrencies as the mining is a major part of the overall working of cryptocurrencies. How do you think the complete ban on cryptocurrency mining in China will effect the bitcoin price? Tell us in the comments section below. 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