Bitcoin Billionaires: Who are the Winklevoss Twins ...

Barstool’s Dave Portnoy Is Bad at Trading Cryptocurrency

Dave Portnoy, the online sports celebrity founder of Barstool Sports, might be quitting cryptocurrency trading after buying bitcoin (BTC) and other cryptocurrencies little more than a week ago, according to a tweet published Friday afternoon.
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Barstool’s Dave Portnoy Is Bad at Trading Cryptocurrency

Dave Portnoy, the online sports celebrity founder of Barstool Sports, might be quitting cryptocurrency trading after buying bitcoin (BTC) and other cryptocurrencies little more than a week ago, according to a tweet published Friday afternoon.
submitted by ami_nil1987 to airdropfactory [link] [comments]

The Winklevoss twins: Bitcoin can reach 500 000 dollars per coin

The Winklevoss twins: Bitcoin can reach 500 000 dollars per coin
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Tyler and Cameron Winklevoss are 2 of the most important figures in the cryptocurrency world. These twins are very famous for their early involvement in the sector, but also because they are co-founders and main executive officers of the Gemini exchange, one of the U.S. leading cryptocurrency exchanges. Their opinions have always been highly respected by the cryptocurrency community and therefore, their latest statement about the future of money, US dollar, gold, oil and Bitcoin, received a lot of attention.
Rising indebtedness of the world and problems of US dollar
The analysis of Winklevoss Capital, which was published by Tyler Cameron looked at the current financial world and pointed out some of the biggest problems. One of them is the rising indebtedness of the whole world, especially United States.
According to them, the debt-to-GDP ratio of United States has risen from 106% to 135% only due to Covid-19. To put it into perspective, debt-to-GDP ratio has been around 83% during Global Financial Crises 2008–2009. After that the ratio rose to about 106% during the second decade of this century. However only this year it has risen to 135%, or by 29%, which is more than in previous 10 years combined.
US is not the only state having this problem. When looking at China it is visible, that debt-to-GDP ratio has risen in this Asia superpower as well. Pre-COVID ratio of around 300% has risen in less than 3 months to 318% (in only Q1 2020). The same can be concluded about most of the world leading countries and economies.
Sadly, helping with the debt are the central banks. These financial institutions that are trying to avoid the collapse of whole financial world, are currently printing insane amounts of money as a way of dealing with slowing economies. However, this process cannot continue infinitely and it will surely leave a mark on all the economies and their preparedness for next crises.
Only looking at the balance sheet of Federal Reserve, central bank of US and one of the most important financial institutions in the world should be worrying. Due to COVID-19 related problems the bank has increased its balance sheet by 3 trillion dollars, of which 1,1 trillion was printed. To see it from another perspective, the Fed printed two thirds as much money in the last 6 months as it did over the prior 11 years.
The Bitcoin argument
Seeing dollar as the biggest problem or blaming everything on Fed is of course not the best decision. It will not solve anything. However, Bitcoin can solve some of the problems outlined above. The most important as well as the most obvious is the problem of centralization. All of the money supply, and the financial world as such is based on centralization and third parties. Bitcoin is a decentralized currency based solely in digital world, which makes it desirable for upcoming generations.
Moreover, it is solving the problem of money printing and therefore inflation. Since Bitcoin has given supply, it is not only scarce, but also fixed at 21 million bitcoins. This makes it completely opposite of the money supply as is known now.
Bitcoin also already proved its worth. Increasing from an idea, a whitepaper, to a 200 billion dollars market capitalization in less than a decade, Bitcoin has taken the financial markets by storm and is by far the most profitable asset in modern history. However, when compared to market capitalization of gold, one of the closest assets by its scarcity and investment characteristics, Bitcoin still has room to grow. With more than 9 trillion dollars, the market capitalization of gold is bigger 45-times, meaning that if Bitcoin ever reaches the market capitalization of gold, it could be selling for over 500 000 dollars a coin.
Be a part of this growing world
The prediction above is not even the most optimistic the Winklevoss twins have released. According to them Bitcoin can grow as high as 600 000 dollars a coin if central banks hedged their positions by buying the biggest cryptocurrency. Therefore, the upside investment potential is incredible, which will in the long term only attract more and more investors, who would want to participate in the sector.
And one of the best places to start with cryptocurrencies is Fun Gram. This project offers broad scale of products and services that are crypto related and offer great investment potential. This decentralized social finance platform is one of its kind since it creates “Social Finance” by combining Fun, Friendship, Fund and Restart mechanism in a key factor called 3F+R.
Moreover, its core ideas are still connected to cryptocurrency sector due to the belief that the privacy should be one of the main goals of crypto world. That is why Fun Gram offers peer-to-peer encryption of communication services, which serve to encrypt messages exchanged by users, leading to safe and private communication within all sides included.
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Bitcoin Gemini Exchange Review 2020

Bitcoin Gemini Exchange Review 2020
If you are planning to place assets into cryptographic types of cash like Bitcoin or Ether, in any case, you do not understand where to start, this Gemini exchange review will help you with choosing.
Gemini Bitcoin Exchange Review 2020
You need yourself to be a productive advanced cash intermediary. By what technique will you become? To help you here's an exchange review, which will give every one of you the low down information required for a powerful enthusiasm for one of the most trusted in stages the Gemini Exchange.
We should find all the more right currently review
Gemini Review :
About Gemini Exchange
Twin kin developed Gemini Winklevoss in the year 2014. The Gemini exchange is arranged in New York. The Gemini crypto exchange is open in essentially all US states, similarly as UK, Canada, Puerto Rico, Singapore, South Korea, and Hong Kong. In 2016, Gemini transformed into the world's recently approved Ether exchange.
It positions 82th greatest exchange on earth as showed by 24-hour volume on Coinmarketcap. While Gemini Bitcoin and Gemini Ethereum trading volumes are high, the exchange is endeavoring with all undertakings to fight with those stages offering a predominant piece of the cryptographic types of cash, for instance, Binance.
Reinforced Currencies
Gemini offers crypto to fiat portions and a BTC/ETH grandstand, which makes it a quick contender to any similarity to Coinbase, Bitstamp, and Kraken. At present, it is one of the most respected and ensure about exchanges open. This is in light of the fact that it has more features to help secure customers against developers. Also, it is one exchange for the CBOE Bitcoin future settlement. Gemini Mobile application is directly available, which is amazingly basic and versatile to use.
How to use Gemini?

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1) Go to the official site and snap the "Register" tab on the upper right corner.
Enter your name, email address, and mystery word for your own record. While affirming your email address, it is critical to :
Affirm your email address and enter both your region and phone number, by then you can set up 2-Factor Authentication (2FA) which will be an additional layer of security to your record.
Incorporate your monetary equalization. Starting at now, Gemini recognizes simply bank moves and wires, as a methodology for putting away holds.
To check your record, move your organization ID proof. This will help you with executing and trade US Dollars. Moreover, it will help Gemini with as per the Bank Secrecy Act (BSA) and Anti Money Laundering (AML) rules. The affirmation time may run from a couple to a couple of days.
Subsequent to completing of all the above strategies, you can use your record for financing.
gemini crypto exchange
2) Deposit Currency
In the Menu, click Transfer Funds, by then find a good pace Bank Transfer and Exchange. Enter the whole you have to store here. Moreover, note $500 consistently is the most extraordinary most extreme for Bank moves.
3) Trading Bitcoin and Ethereum
As you store by methods for bank move, they are quickly available for trading. you can purchase by encountering the menu and picking your supported trading pair. For example, for Bitcoin BTC/USD similarly as Ethereum ETH/USD.
In the wake of embeddings the expense and sum it will process your buy demand. There is another choice to trade by methods for the business community which has exhibit orders gave by various customers.
After the fulfillment of your purchase, your record will be acknowledged with your Ethereum just as Bitcoin purchases. You can sell your computerized cash on the Gemini crypto exchange. Regardless of the way that you can't make a withdrawal until your bank move has been completely arranged.
gemini sponsor organization
4)Trading Limits
By and by, For most trade strategies, there are no limitations on trades. In any case, Automated Clearing House (ACH) moves have the greatest store most remote purpose of $500 day and $15,000 consistently for singular record holders. Associations have a state of restriction for making ACH stores of $10,000 consistently or $300,000 consistently.
Gemini Marketplace
There is a Gemini business focus that runs 24*7. Here, you can have indistinguishable number of solicitations from you wish to have, with a variety of trading choices. These include:
Market Orders – With the present best open worth, the solicitations here starting dealing with quickly against resting orders.
Purpose of repression Orders – The sum is filled at or better than a given expense. The sum which isn't dispatched lays on the solicitation book diligently until it is filled or dropped.
Brief or Cancel (IOC) Limit Orders – The sum is filled at or better than a given expense. The sum which isn't filled rapidly is dropped and doesn't lay on the perpetual solicitation book.
Maker or Cancel (MOC) Limit Orders – The sum lays on the solicitation book continually at a foreordained expense. Furthermore, the entire solicitation is dropped if there is any sum that can be filled immediately.
All solicitations made on this stage are totally sponsored and fill in as a full hold exchange. In any case, there is no edge trading Gemini. Despite that, reliably the customer's record equality should have more balance than the exceptional excitement on demand books. Also, all open solicitations decline your available leveling until they are fulfilled or dropped
Gemini Fees
In the event that there ought to be an event of moves, Gemini crypto exchange has a low cost technique and stage customers can store Bitcoin, Ether, at freed from charges for both bank and wire moves. In any case, banks will charge a cost for the customers to wire money to their Gemini account. Withdrawals on the stage are free and all customers will have 30 free withdrawals for each calendar month.
Any withdrawals more than this total will pull in costs comparable to the mining charges payable on either sort out. The costs are around 0.001 BTC or 100,000 Satoshi per trade on the Bitcoin Network and 0 GWei or 0 ETH per trade on the Ethereum Network.
MakeTaker charges
0.25% is the trading costs for both sellers(makers) and buyers(takers). If it shows up at certain trade volumes, charges will be reduced. The maker charge is 0% for 30-day trading volumes that outperform 5,000 Bitcoin or 100,000 Ether. For a comparable trading entirety, the taker run after will bubble to 0.10%.
Gemini uses dynamic maker and taker charge or reimbursement timetable, and sellers can get reimbursement on liquidity-creation trades. The particular entireties depend upon net trading volumes and the buy and sell extent over a multi day time allotment. The data are adjusted as expected and more information on charges can be found here.

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charges
Concerning purchases, the base purchase whole for Bitcoin is 0.00001 BTC, or 1000 satoshis, for Ether, the base sum is 0 .001 ETH
Security-at-Gemini
Bitcoin Gemini Reviews, is a strong exchange that has a better than average reputation in everyone. The exchange goes about as a way into the universe of cryptographic cash trading. This may be in light of the fact that various customers first quit concerning purchasing Bitcoin and Ethereum. In comprehension to Coinbase, Gemini has a near space. Wherein it allows its customers to make trade clearly to and from their records.
Gemini is a not too bad choice, for people looking to securely trade either Bitcoin or Ethereum. The exchange is a potential decision for new competitors to the market similarly as logically settled sellers who like to make trades by methods for their monetary adjusts.
Latest News
Dec 17, 2019: Well realized cash related pro association State Street picked Gemini exchange for the new propelled asset pilot adventure.
Nov 19, 2019: Gemini exchange wanders into NFT's and acquired Nifty Gateway Solution, a phase to buy Non-Fungible Tokens.
Nov 14, 2019: The exchange added Stop-Limit to the solicitations being executed on the stage.
Sep 11, 2019: Gemini dispatches Gemini Custody with 18 cryptographic types of cash
Sep 5, 2019: Gemini Clearing™, a totally electronic clearing and settlement answer for off-exchange exhibited by the stage
Aud 27, 2019: Gemini Joins the Silvergate Exchange Network
Aug 22, 2019: Gemini loosens up and reaches to Australia
April 15, 2019: Gemini wallet support Segwit
Gemini Bitcoin Exchange Review
Rundown: How to Buy Bitcoins by means of Gemini
Register a record at Gemini and check email code sent to you.
Set up two-factor validation (2FA).
Give checked ID as a major aspect of the confirmation procedure.
Include ledger.
Store cash by clicking "Move Funds", "Store into Exchange" and afterward picking the sort of bank move.
Snap "Purchase" catch and round out the buy structure to get BTC.
Is Gemini Safe?
Gemini is extremely worried about its clients' wellbeing, in this manner it utilize three arrangements of security...
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Gemini Comparison with Other Exchanget
To exchange bitcoins you have to initially peruse and think about various BTC trades...
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In Which Countries Is Gemini Available?
You can arrange bitcoins through Gemini nearly in any nation, yet discover where you can't...
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Guide: Buying BTCs at Gemini
It is anything but difficult to purchase bitcoins on Gemini trade, knowing the essential standards and prerequisites...
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FAQ
Discover to what extent the exchange takes, how to pull back BTCs and what strategies for...
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Practically equivalent to Bitcoin Exchanges
We have arranged a rundown of trades, notwithstanding Gemini, that can assist you with requesting bitcoins...
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With developing worth and system, bitcoin is ready to turn into the main online resource in the realm of ventures.
Gemini bitcoin trade survey
This article is worried about one of the most well known trades with regards to BTC exchange, Gemini.
What Is Gemini?
Gemini is one of the realized digital money trades that offer an assortment of exchange apparatuses for speculators that have some involvement with the business. The organization that claims the stage is enrolled as LLC in New York State, USA, offering USD to BTC and USD to ETH exchange trade.
Purchase BTC at Gemini
Propelled in 2015, Gemini offers two unmistakable commercial centers, them being:
customary trade administrations;
bitcoin barters.
Upon its appearance, the stage offered its administrations in the US just, bit by bit including different nations all the while. The organization is possessed by the Winklevoss twins, who guarantee that they are have about 1% of the complete BTC volume.
Winklevoss siblings are Gemini's proprietors
Gemini Security
With regards to the wellbeing of your assets, Gemini applies three arrangements of safety efforts that should be referenced. To start with, the stage applies advanced money safety efforts by offering hot and cold stockpiling wallets, where cold wallets have multisig capacities to forestall hacking endeavors at your equalizations.
Gemini security
The subsequent measure is identified with the exchange where the entirety of the exchanges at Gemini are led through pre-financed accounts, implying that merchants and purchasers can't post orders on the off chance that they don't have adequate BTC or fiat monetary forms in their parities. Finally, the site security comprises of two-factor verification (2FA) and HTTP encryption of all data in regards to merchants and stage's exchanges from outsiders.
Accessible Payment Methods
As of now, Gemini acknowledges stores communicated distinctly in ACH (for US dealers) and wire moves (for every other person) communicated in USD. Credit or check cards, money stores, PayPal and numerous different alternatives are wanted to be remembered for the future however are not accessible at the present time.
Buy bitcoin by means of wire move
You ought to buy in to the Gemini news source since the organization will promote the new store strategy through that channel of correspondence.
Shouldn't something be said about Fees?
While saving or pulling back your assets communicated in fiat or computerized monetary forms, dealers would find that the administrations are done totally free. Then again, Gemini charges exchange expenses are charged dependent on a month to month net exchange volume. Taker charges can extend from 0.15% to 0.25% while creator expenses from 0% to 0.25%.
Expenses at the trade
Does Gemini Have Limits?
Cryptographic money and wire stores and withdrawals don't have any constraints forced on dealers, implying that in the event that you utilize the said administrations, you can buy, sell and pull back bitcoins with no deterrents. Singular American financial specialists utilizing ACH move, then again, have $500 every day and $15.000 month to month while institutional individuals have $10.000 day by day and $300.000 month to month store limits.
No restrictions for purchasing bitcoin
Gemini Comparison
When thinking about exchanging at any trade, you should hope to analyze the administrations, expenses and impediments with other comparative stages. In this manner, we have assembled an examination investigation where we benchmarked Gemini against two other well known decisions with regards to BTC buy: Kraken and Coinbase.
Gemini versus Kraken
Kraken, much the same as Gemini, acknowledges bank moves just, with the significant contrast being that Kraken permits 5 fiat cash stores. Notwithstanding bitcoin, there are 14 more altcoins that you can exchange with at Kraken while the two trades force check on their customers as they are both controlled organizations.
Gemini versus Kraken
Kraken is fundamentally the same as Gemini as far as expenses, as creatotaker charges go somewhere in the range of 0% and 0.26%. Bank moves do accompany little expenses at Kraken while Gemini acknowledges stores for nothing. In conclusion, while Gemini exchanges two or three nations in particular, Kraken is all around accessible.
Coinbase versus Gemini
Coinbase is viewed as one of the biggest bitcoin suppliers on the planet, offering its administrations in 32 nations, USA notwithstanding. The installment strategies at Coinbase are PayPal, bank moves and credit/check cards, two more than Gemini.
Request bitcoins by means of Coinbase trade
Confirmation is an absolute necessity have at Coinbase, much like in Gemini while expenses are a ton lower at Gemini, as you pay between 1.49% to 3.49% from exchange's an incentive at Coinbase. The two trades offer BTC vaults and wallet administrations while Coinbase additionally exchanges with Litecoin which are inaccessible at Gemini.
Gemini BTC Exchange in Different Countries
Gemini's administrations are accessible in a bunch of nations around the globe, them being the US (5 states not upheld), Canada, Japan, South Korea, Hong Kong, Singapore and the United Kingdom. The five US expresses that are not bolstered are Alaska, Arizona, Hawaii, Oregon and Wisconsin.
Gemini trade in various nations
Is It Legal?
Gemini is an American LLC that adheres to New York Banking Law guidelines, actualizing BSA (Bank Secrecy Act) and AML (Anti-Money Laundry Compliance Program) arrangements, implying that customary reviews of the BSA/AML programs are being executed. Moreover, the firm requires all merchants to have reserves pre-saved before the exchange.
Bitcoin Gemini Price, is legitimate
Another significant factor of the stage's lawfulness is the way that since its beginning, Gemini has promptly accessible money related report dating 7 years back.
Does Gemini Support Its Customers?
Concerning the client service, Gemini has a thorough FAQ page where a large portion of the exchanging questions have been replied. Notwithstanding the FAQ, you can likewise top off a shape and present a solicitation to the Gemini group with respect to any issue that you may look on the stage.
Gemini client service
Because of the regular upkeep of the site's administrations, Gemini has a "Status" page where financial specialists can see which administrations and API instruments are working right now and which are definitely not.
Manual for Buy Bitcoins from Gemini
When you have gotten the cash at your Gemini account, click "Purchase" button on the dashboard page.
Buy page for bitcoins at Gemini
Presently, round out the structure on the right, giving request type, volume or estimation of BTC you wish to get and click "Purchase" to get bitcoins in your record immediately. Try to check the BTC cost at the upper left piece of the "Purchase" page to ensure it has not changed at the time you have begun the buy procedure.
Enrollment
It is totally allowed to enroll a record at Gemini bitcoin trade and the procedure begins once you click "Register" button at the upper right corner of the site. Give your complete name, email address and secret key in subsequent stage and snap "Make My Account".
Make account at Gemini
You will get an email code which you should duplicate glue into the Gemini's check page.
Contribution of enactment code on Bitcoin Gemini Registration
The accompanying advances will open up for you to finish, in this way you have to arrangement your 2FA security apparatus, include a financial balance and give checked ID to finish the enrollment methodology.
To what extent Should I Wait for Verification?
Check stage can take between an hour and a day, contingent upon various enlistment applications Gemini has right now you have begun the procedure. You ought to set up every single essential report before you start and arm yourself with persistence as a stage would set aside effort to process your data.
Confirmation process at Gemini
Would you be able to Get Bitcoins Without Verification?
At the enlistment page, you are required to check your personality and frog your financial balance. When you have presented the records, you can't enter the stage's exchange page until the help affirms your subtleties. In this way, it is unimaginable to expect to buy supply of bitcoins without confirmation.
Obligatory confirmation before purchasing BTCs at Gemini
How to Add Money to Account?
When you have finished the enrollment and confirmation of your record, click button "Move Funds", situated in the top segment of your dashboard page. In following stage, click "Store Into Exchange" and pick either USD or Wire alternative, contingent upon what financial balance you have included at enrollment stage.
Add assets to Gemini account
You can likewise store bitcoins in your Gemini wallet too.
Store BTCs in the Gemini wallet
At the last phase of wire move subsidizing process, you have to give bank's wiring data, for example, your record number and other significant data that can be found by clicking "Bank Settings".
Give bank's wiring data
When data has been given, basically click "Store" button which will show up at the base of the page.
Secure Your Account
Keep the entirety of your record and wallet passwords out of the programmer's compass by continually evolving them. Monitor the new secret key by keeping in touch with them down on a bit of paper as to not overlook them meanwhile.
Record with 2FA on trade
You as of now have 2FA from the enlistment stage and don't give your private data to some other dealer on the stage.
FAQ
To what extent Does It Take to Make Transaction?
It takes 4 to 5 days to store assets in your Gemini account while exchanges themselves are done following you the exchange started. Diverse request types have distinctive length, contingent upon what dealer wishes to accomplish.
Sitting tight for exchanges on the trade
Would i be able to Buy Bitcoin with PayPal at Gemini?
Now, brokers can't utilize PayPal as store technique at Gemini. You ought to buy in to the trade's news channel as to get warnings if the strategy opens up to store alternative later on.
Does Gemini Have a BTC Wallet?
The stage offers two kinds of wallet administrations, one being "hot" wallet and another being vault stockpiling. Both are based just, with the principle contrast being that vault stockpiling gives extra security keys that are utilized while moving bitcoins all through the wallet. Along these lines, vault administrations are esteemed as more secure than the standard BTC wallet.
Gemini wallet
Pulling back Your Bitcoins from Gemini
At the dashboard page, click "Move Funds" and afterward "Pull back From Exchange" to begin the procedure. Pick bitcoins to continue towards the withdrawal structure. Determine the measure of BTC you with to escape the trade and give your wallet address. Snap "Survey Withdrawal" and check the data. When you are fulfilled, click "Affirm" to end the procedure. Your coins will show up inside 24 hours to your ideal area.
Pull back BTC from Gemini
Instructions to Order BTC with Credit/Debit Card at Gemini
As with PayPal, it is preposterous to expect to buy bitcoins with the assistance of credit or charge cards at Gemini, since the choice isn't accessible right now. Stay aware of trade's news and declarations as the CC/DC choice may open up later on.
Gemini Mobile App
Portable stages are yet to be created by Gemini, implying that exchange is accessible on perusing stage as it were. Watch out for the declaration, as the organization may make the push towards telephone exchange not so distant future.
Purchase BTC just on Gemini perusing stage
Gemini Analogs
Aside from Gemini, we at BitcoinBestBuy have checked on numerous different stages that can assist you with getting bitcoins effectively and securely. They all change regarding local accessibility, expenses, buy strategies and confirmation necessities, so make a point to check different articles also.
Get BTC at digital money stages
Coinbase Exchange Review
Being one of the biggest BTC exchanging stages the world, we made a survey of their charges, store choices and other important data with respect to the trade. We have likewise given bit by bit controls on the best way to buy and pull back assets and coins from Coinbase.
Coinbase survey
Full Review Coinbase Bitcoin Gemini Exchange
Find out About Kraken
Kraken is another trade that offers bitcoins through bank moves and its administrations are all inclusive accessible. We made a survey of Kraken's advantages and disadvantages, giving our customers a diagram of the trade as far as expenses the organization charges, check prerequisites and buy procedures of the stage.
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Weekly news review (July 6-12)

Weekly news review (July 6-12)
Hello, dear Community!
Are you ready for last week's news review? Say no more!
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The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session.
“Bitcoin is not a currency, it rather is an asset and it is very volatile,” officials wrote quoting chief economist, Philip Lane.
In May this year, a report dubbed “Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures” concluded the entire phenomenon had little impact on the traditional economy.
Previously, the European Union’s reserve bank had also come out bearish on the idea of issuing a digital currency of its own, in contrast to noises now coming from China and several other states.

Cybersecurity researchers have revealed eye-opening details about a widespread Android malware campaign wherein attackers silently replaced installed legitimate apps with their malicious versions on nearly 25 million mobile phones.
According to researchers at Check Point, attackers are distributing a new kind of Android malware that disguises itself as innocent-looking photo editing, adult entertainment, or gaming apps and available through widely used third-party app stores.
Dubbed Agent Smith, the malware takes advantage of multiple Android vulnerabilities, such as the Janus flaw and the Man-in-the-Disk flaw, and injects malicious code into the APK files of targeted apps installed on a compromised device and then automatically re-install/updates them without the victims' knowledge or interaction.
Researchers initially encountered the Agent Smith malware in early 2019, which was primarily being found targeting Android devices in India (with 15 million infected devices) and other nearby Asian countries like Pakistan, Bangladesh, Indonesia, and Nepal.

Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States.
In his tweets Thursday, Trump took aim at the potential for using cryptocurrencies in illegal activities, citing drug trafficking in particular.
“Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity,” he said.

Tyler and Cameron Winklevoss, co-founders of the New York-based crypto exchange Gemini, may soon join the Libra Association, the consortium governing Facebook’s proposed cryptocurrency.
Joining Libra might be a surprise move to some, considering the Winklevoss brothers’ legendary fight over control of Facebook with its CEO Mark Zuckerberg, their former Harvard classmate. But they now want to be “frenemies” with a mutual goal of promoting mainstream crypto adoption.
Plus, the twins are aiming to diversify Gemini’s token offerings by 2020. They recently applied for a broker-dealer license through the Financial Industry Regulatory Authority, which would allow Gemini to list digital securities.
So far, only one crypto exchange, Coinbase, has joined the Libra Association, whose ranks also include traditional financial players such as PayPal, Visa and Mastercard and VC firms such as Union Square Ventures and Andreessen Horowitz. (Crypto custodian Xapo is also a member.)

Bitcoin (BTC) bolstered its already bullish technical setup with a move above $13,000 on Wednesday.
The top cryptocurrency by market capitalization rose to $13,154 in the Asian trading hours, the highest level since June 27, according to Bitstamp data.
With the move to two-week highs, BTC has recovered 85 percent of the sell-off from $13,880 to $9,614 seen in seven days to July 2.

Have anything to say? Make sure to leave your comment in the comments section down below!
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A letter from the future about Bitcoin.

Well gee, this blew up.
Bitcoin should not be treated as an investment, it should be recognized as a speculative negative-sum game. The Bitcoin system currently consumes an estimated 3.6 billion dollar worth of electricity on an annualized basis, just to update the ledger that contains a record of everyone's transactions. This enormous consumption of electricity is indirectly paid for by people who invest their savings in Bitcoin, as a consequence, money is continually "leaking" from the system.
As a Bitcoin investor, you're paying for Chinese businesses to waste electricity by solving an abstract math problem that is designed to get continually more difficult. Besides ensuring that many people lose vast sums of money while a small minority of early adapters is enriched, Bitcoin causes tremendous ecological damage in an era when we should be focusing as a society on reducing our carbon emissions.
The Bitcoin developers responsible for updating the protocol appear to have no genuine intention to introduce code changes that reduce the ecological damage caused by Bitcoin mining, so my suggestion has to be to sell your Bitcoins, which indirectly has the effect of reducing the ecological damage caused by Bitcoin mining.
Theft and loss of coins are also enormous problems affecting Bitcoin, so although it is theoretically possible to store your coins in a safe manner, history has shown that a lot of people will simply lose their coins, further illustrating why Bitcoin is not a good investment option.
The other cryptocurrencies share most of Bitcoin's flaws (resource waste, no protection against theft or loss, vulnerable to market manipulation, etc), but most importantly, what sets cryptocurrencies apart from proper investments is that these coins don't produce anything. If you invest in a company, that company can use the money to deliver more products. If you buy, silver, gold, bitcoin or beanie babies, you're hoping someone else will come along one day and pay more money for it. History has shown that people who invest money in the stock market will generally end up witnessing much higher returns than people who buy gold.
With that said, I hope this story has entertained you and helped you recognize some of the problems our society would face if we ever witnessed widespread adaption of Bitcoin or similar digital currencies.
I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.
If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be.
I don't want to waste any of your time, so I'm merely going to explain what happened.
On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency.
There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the mean person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a "faggot" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel.
"What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.
In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering "rogue states" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.
Governments tried to stay relevant in my society by buying Bitcoin, which just made the problem worse, by increasing the value of Bitcoin. Governments did so in secret of course, but my generation's "Snowdens" are in fact greedy government employees who transferred Bitcoin to their own private account, and escaped to anarchic places where no questions are asked as long as you can cough up some money.
The four institutions with the largest still accessible Bitcoin balance are believed to be as following:
-ASICminer - 50,000 Bitcoin
-The IMF's "currency stabilization fund" - 70,000 Bitcoin
-Government of Saudi Arabia - 110,000 Bitcoin
-The North Korean government - 180,000 Bitcoin
Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.
What happened to the Winklevoss twins? The Winklevoss twins were among the first to die. After seeing the enormous damage done to the fabric of society, terrorist movements emerged that sought to hunt down and murder anyone known to have a large balance of Bitcoin, or believed to be responsible in any way for the development of cryptocurrency. Ironically, these terrorist movements use Bitcoin to anonymously fund their operations.
Most people who own any significant amount of Bitcoin no longer speak to their families and lost their friends, because they had to change their identities. There have been also been a few suicides of people who could not handle the guilt after seeing what happened to the bag-holders, the type of skeptical people who continued to believe it would eventually collapse, even after hearing the rumors of governments buying Bitcoin. Many people were taken hostage, and thus, it is suspected that 25% percent of "Bitcoin rich" actually physically tortured someone to get him to spill his password.
Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.
In Africa, surveys show that an estimated 70% of people believe that Bitcoin was invented by the devil himself. There's a reason for this. It's a very sensitive issue that today is generally referred to as "the tragedy". The African Union had ambitious plans to help its citizens be ready to step over to Bitcoin. Governments gave their own citizens cell phones for free, tied to their government ID, and thus government sought to integrate Bitcoin into their economy. All went well, until "the tragedy" that is. A criminal organization, believed to be located in Russia, exploited a hardware fault in the government issued cell phones. It's believed that the entire continent of Africa lost an estimated 60% of its wealth in a period of 48 hours. What followed was a period of chaos and civil war, until the Saudi Arabian and North Korean governments, two of the world's major superpowers due to their authoritarian political system's unique ability to adapt to the "Bitcoin challenge", divided most African land between themselves and were praised as heroes by the local African population for it.
You might wonder, what is our plan now? It's clear that the current situation can not be sustained, without ending in a nuclear holocaust. I am part of an underground network, who seek to launch a coordinated attack against the very infrastructure of the Internet itself. We have at our disposal about 20 nuclear submarines, which we will use to cut all underwater cables between different continents. After this has been successfully achieved, we will launch a simultaneous nuclear pulse attack on every densely population area of the world. We believe that the resulting chaos will allow the world's population to rise up in revolt, and destroy as many computers out there as possible, until we reach the point where Bitcoin loses any relevance.
Of course, this outcome will likely lead to billions of deaths. This is a price we are forced to pay, to avoid the eternal enslavement of humanity to a tiny elite.
This is also the reason we contacted you.
It doesn't have to be like this. You do not have to share our fate. I don't know how, but you must find a way to destroy this godforsaken project in its infancy. I know this is a difficult thing to ask of you. You believed you were helping the world by eliminating the central banking cartel that governs your economies.
However, I have seen where it ends.
More: https://www.youtube.com/watch?v=SgrUEHe7CZY&t=3s
submitted by chapikla to u/chapikla [link] [comments]

Significant people of The Crypto World

Significant people of The Crypto World
The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.
In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.
So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

https://preview.redd.it/cpg7ccxq1dm31.jpg?width=960&format=pjpg&auto=webp&s=ce5d1f4cc2ff52aea425c68056d89c3d6f9b543e
Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block. one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

https://preview.redd.it/84dtgmis1dm31.jpg?width=1280&format=pjpg&auto=webp&s=6b1a450a6d689acce9c2dd5ef3690fb67923d83b
Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

https://preview.redd.it/s3bvu81w1dm31.jpg?width=4000&format=pjpg&auto=webp&s=99660eb5ce334b35c948b6b21a5bdc44009f0b99
Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain. info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain. info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

https://preview.redd.it/jb2at1ey1dm31.jpg?width=722&format=pjpg&auto=webp&s=8eacbcfeda54dbdac4fa7159ec9c6b6b9db36a9d

Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange. Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

https://preview.redd.it/hqtmc7w02dm31.jpg?width=1140&format=pjpg&auto=webp&s=b040bc864281973444df43b19aaf843d2c08eb64
The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.

Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to ethtrader [link] [comments]

Significant people of The Crypto World

The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

https://preview.redd.it/iv2hqlopzrl31.jpg?width=960&format=pjpg&auto=webp&s=af75f42cee1fb10f6ce24813f3109232a075d829
Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block.one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

https://preview.redd.it/2g97la2tzrl31.jpg?width=1280&format=pjpg&auto=webp&s=6813f4b926bccd930dd11a32d4844a9f0a0aceca
Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

https://preview.redd.it/0ompex8vzrl31.jpg?width=4000&format=pjpg&auto=webp&s=a2140091e53728136c9c9e4672e034cb735d83ec
Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain.info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain.info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

https://preview.redd.it/djpi38yyzrl31.jpg?width=722&format=pjpg&auto=webp&s=b76f8a39296daf1f9fcc0892fbbba0adc72350ab
Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange.Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

https://preview.redd.it/ld93kqo20sl31.jpg?width=1140&format=pjpg&auto=webp&s=15874723d1c67e5166aab9a83571b4b261f67b1f
The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.


Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to Crypto_General [link] [comments]

Significant people of The Crypto World

Significant people of The Crypto World
The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

https://preview.redd.it/4z8wy8sztrl31.jpg?width=960&format=pjpg&auto=webp&s=03cbdc2c9cd3e2557adfa5bd07b51d7d7a3c2385
Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block.one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

https://preview.redd.it/awljtyepvrl31.jpg?width=1280&format=pjpg&auto=webp&s=6869c5cc3a562e396bc4290734fbf2b4a77132c8
Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

https://preview.redd.it/rowhubztvrl31.jpg?width=4000&format=pjpg&auto=webp&s=c8b18a72553db98286da1eb81827fdcc9e54d9f7
Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain.info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain.info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

https://preview.redd.it/wkx2fbp3wrl31.jpg?width=722&format=pjpg&auto=webp&s=23337858437d4b9ca4a03556ff79e45b20e2a764
Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange.Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

https://preview.redd.it/angh5onbwrl31.jpg?width=1140&format=pjpg&auto=webp&s=de90beb0a064f66c5ce5381529869624a8a163d9
The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.


Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk.
Read what the customers say about SimpleSwap on Trustpilot.
Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to Cryptocurrency_Daily [link] [comments]

6 Cognitive Biases Aiding Bitcoin's Adoption

Six cognitive biases are aiding Bitcoin's global adoption:

Let’s explore each of them.

Lindy rule: The longer an idea has been around without being falsified, the longer its future life expectancy.
The longer Bitcoin exists, the longer it is likely to continue to exist. Economist and author Nouriel Roubini calls this the "Lindy rule", which applies to books, technologies, and ideas. Bitcoin has existed for 10 years. Every day it exists, every day it is more likely to keep existing. And the longer it exists, the more likely it is to be valued as a reliable store of wealth.
Availability cascade: The more people hear about something, the more likely people believe it to be true.
Bitcoin's word of mouth is remarkable. Blowhards like Anthony Pompliano and the Winklevoss twins are preaching Bitcoin's story on Twitter, CNBC, and CNN. The more often people hear about Bitcoin's potential, the more they believe it to be true. This is called the Availability cascade. You hear about something a lot so you start to believe it.
Donald Trump knows this, which is why he repeats the same points over and over and over and over and over again. The same principle applies to local news -- if you watch reports about local murders and fires every night, you’re likely to believe we live in an unsafe world (even though that is not the case statistically).
FOMO: Fear of missing out.
Each bull run creates a new crop of wealthy individuals, who make way too much money and catalyze the next wave of word of mouth. Our society is infatuated with get rich quick stories like lottery jackpot winners. In the future, I imagine local news stories about neighborhood "Bitcoin millionaires!" who will make their whole community jealous enough that they too decide to buy into Bitcoin. Sadly, I think this aspect of Bitcoin brings out the worst in people. Money, money, money. It kills culture.
While this phenomena is local in nature, Bitcoin's reach is global. Anyone in the world can buy it. The total addressable market size is literally planet earth. Someone in Caracas can buy it. So can someone in East Hampton. That makes for a gigantic market opportunity that is still barely tapped.
Endowment effect: Caring more about things that you own.
As FOMO grows, access to acquiring Bitcoin is becoming easier. There are hundreds (or thousands?) of companies building products in the ecosystem. With Coinbase or Square Cash, it literally takes 3 clicks to buy Bitcoin. It's almost too easy to buy it.
Other onramps exist too. With Lolli, you earn Bitcoin when shopping. I wouldn't be surprised if we see more cryptogaming companies like Satoshi Games creating the next Candy Crush, but rewarding players with Bitcoin.
And when you own it, you're more incentivized to root for it. That's the Endowment effect. In a famous study by Daniel Kahneman, participants who are given a coffee mug will sell it for $7. Participants who are offered to buy a mug only offer $3. People value things they already own more than things they don’t own. The moment you own some Bitcoin, start to think it’s worth more than others who don’t own it.
Anchoring: When you are influenced by an initial piece of information that anchors your decision making.
Bitcoin maximalists talk about the price going "to the moon". For some, that means $100K price target by 2021 (10x what it is today). To others, it's $1 million. While these prices are merely predictions, the public's beliefs have already been anchored to an astronomical future price of the cryptocurrency.
And what’s the thinking behind those predictions? Gold's market cap is $7 trillion; Bitcoin's market cap is $300Bn. The logic is that when Bitcoin becomes accepted as "digital gold" and a digital store of wealth, it's market cap will enter the stratosphere of gold’s market cap. So gold, really, is the anchor.
Social proof: If other people are doing it (or saying it), it must be correct.
The smartest money in the world is invested in Bitcoin. Andreessen Horowitz has a dedicated crypto fund. Square has a crypto division. Peter Thiel and Naval Ravikant were early investors. The social proof has been growing, creating the feeling that you're investing alongside the greats.

So...what's the biggest risk to Bitcoin’s adoption?

They're not rooted in psychological biases, but worth mentioning what I see as two risks:
1) Governments will try to squash it. Bitcoin threatens fiat currency if citizens can pay for things "outside the system". Some countries will ban it.. This, to me, is the existential risk: If the countries around the world decide that internet money independent of national governments and central banks is illegal.
On the flipside, we'll probably see other weaker governments embrace Bitcoin and other cryptocurrencies. Maybe even ditch their own weak currency in favor of a globally valued Bitcoin. So perhaps Bitcoin will be legal tender in some countries and illegal in others.
2) Who the fudge is Satoshi? It's mind boggling that millions of people have adopted a currency created by a mysterious identity. That's some biblical shit right there. What if Satoshi has the master code and shuts it all down one day? I get it, the blockchain is immutable. But I'm still uncomfortable with his lack of identify. Show your face!

So where do we go from here?

At times, it feels like this is all an experiment that very well could fail.
Other times, it feels like we’re in very first stage of a century-long transition to digital currency. There’s too much excitement too soon.
But lately, bitcoin’s adoption feels inevitable. It has momentum, brain power, money, a passionate community, and a bunch of cognitive biases willing it into existence.
We'll probably look back on this period the same way we look at buying up domain names 20 years ago. It will look obvious in hindsight. Another bias.

See original post here: https://cofounder.substack.com/p/-human-psychology-is-pumping-bitcoin
submitted by kubeans to btc [link] [comments]

Significant people of The Crypto World

The cryptocurrency and blockchain spheres are less than 10 years old, but in this industry, thanks to the incredible speed of change, there are already “people-legends” that nobody knew about yesterday, and tomorrow the whole world will speak.
In this article, we will continue our acquaintance with crypto geniuses, which would eventually become more and more.
So who are the great minds of the virtual world?

Brock Pierce — from gamer to millionaire

Brock Pierce met cryptocurrencies through entertainment. In the 2000s, Pierce, being an avid gamer, founded one of the largest gaming companies selling virtual assets. Involvement in virtual currencies led Pierce into the world of the blockchain at the very beginning. He was fascinated by the potential of Bitcoin, so he decided to leave the gaming industry and start looking for, founding and financing cryptocurrency companies — Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block. one. Brock donated $1 billion to a decentralized autonomous community, which is created on the basis of the EOS platform.

Preethi Kasireddy — An engineer with a big heart

Meet Preethi Kasireddy — blockchain engineer and former associate of CoinBase, Goldman Sachs and Andreessen Horowitz. In 2012, Preethi graduated from the University of Southern California, gaining knowledge in the field of industrial and system engineering. Today, Preethi Kasireddy, as the founder and CEO of TruStory, is creating a company that introduces and develops blockchain technologies. In her free time, Preethi does volunteer work. For example, Preethi was actively helping to raise funds in Los Angeles to educate low-income children in India. Also, she teaches a full course “WEB development for schoolchildren”. Preethi says she lives and breathes the idea of ​​a crypto.

Roger Ver — “Bitcoin Jesus”

Roger Ver was one of the first investors in Bitcoin startups and financially helped several projects such as Blockchain. info and BitPay.
Roger first met Bitcoin while listening to the radio program. Later, when dealing with media representatives, Roger Ver said that he had not left his house for more than 7 days after that and was looking for any available information about this cryptocurrency. At that moment Roger realized that this virtual currency is the best form of financial resources that ever existed in the world. The desire to gain knowledge about Bitcoin led to a lack of sleep, because of which Roger Ver’s friend had to take the young entrepreneur to the hospital.
The entrepreneur has invested his own funds in a huge number of different projects related to Bitcoin virtual currency, including Blockchain. info, BitPay, Ripple and many others. Roger Ver’s total financial investment was approximately $1 million.
Communicating with media representatives, Roger Ver said that Bitcoin will meet many obstacles on its path, but it will be able to improve the quality of all people’s lives in the world. He also added that he does not care enough about short-term changes in the rate of this virtual currency.

Andreas Antonopoulos — Bitcoin Guru

Andreas Antonopoulos is one of the world’s most famous Bitcoin and blockchain experts. He is a very popular speaker and he is interested not only in the investment side of technology, but also in the educational, political, cultural and human components.
In 2014, Andreas was invited to the post of lecturer at the University of Nicosia, the first university in the world, where people can receive a master’s degree in digital currencies. Today Antonopoulos works in the Committee for Supervision of Bitcoin on the Chicago Mercantile Exchange. Today Antonopoulos works the Oversight Committee for the Bitcoin Reference Rate at the Chicago Mercantile Exchange.
Andreas has published many famous bestsellers about cryptocurrency. In particular, in 2014, Antonopoulos wrote the book “Mastering Bitcoin”.
Andreas emphasizes that he is not very interested in the spread of Bitcoin in developed Western countries. He is more fascinated by the idea that you can use Bitcoin in Kenya, Lagos or Nigeria with an old Nokia, and people who have never had access to banking services will be able to join the global economy this way.

Winklevoss brothers — the first Bitcoin billionaires

The first in the world billionaires who earned a fortune on Bitcoins were American twin brothers Cameron and Taylor Winklevoss. The state of the brothers is estimated at 100 thousand Bitcoins, which is equivalent to 1.17 billion dollars.
Well-known entrepreneurs and Bitcoin-enthusiasts, the Winklevoss brothers build two Bitcoin companies and own 1% of all Bitcoins already mined. As said Tyler Winklevoss, “We eat, sleep, breathe Bitcoin.”
Winklevoss deliberately do not sell cryptocurrency, indicating the long-term investment. Bitcoin they call the “improved version of gold”.

There are many amazing people in the Crypto World and we will keep telling you about the most vivid and interesting ones. Some have distinguished themselves by contributing to the development of the industry, others have managed to make good money and promote blockchain technology. Without these people, we would never know about such great innovations as blockchain and cryptocurrency, which is the future of our world.


Feel free to follow our updates and news on Twitter, Facebook, Telegram and BitcoinTalk. Read what the customers say about SimpleSwap on Trustpilot. Don’t hesitate to contact us with any questions you may have via [[email protected]](mailto:[email protected]).
submitted by SimpleSwapExchange to CoinBase [link] [comments]

What is a Crypto Whale?

What is a Crypto Whale?

https://preview.redd.it/jv9oy1vzeri31.jpg?width=760&format=pjpg&auto=webp&s=e85ca2df1302612693702df0288290361195f86e
Crypto Whales. Yes, you read that correctly. You might be wondering what a crypto whale is…
A crypto whale is a colloquial term used to describe “large market players” in the cryptocurrency markets. If you imagine the analogy of the ocean, and we’re all happily swimming around. As an average Joe investor, we only have small sums of money available to us, and we’d be considered the “little fish” investors.
Whereas Crypto Whales are individuals or institutions with large sums/volumes of crypto assets. A Crypto Whale may hold large volumes of multiple cryptocurrencies or only a single cryptocurrency. You can, therefore, have Bitcoin Whales, Ethereum Whales, XRP Whales, EOS Whales, Litecoin Whales, Cardano Whales, Bitcoin Cash Whales, etc.
The oceanic analogy is appropriate as people talk about market waves and refer to small market rallies as feeding frenzies etc.
They are so-called Crypto Whales because if/when they sell a large amount of cryptocurrency it can cause a sudden drop in price as the relatively illiquid market cannot absorb such large sell orders, especially in a bear market. This can create a dip in the market charts, or a “wave” in the market, just as real whales make waves when they jump above the surface. Both illustratively in the cryptocurrency price charts as well as emotionally as people suffer a wave of panic when prices drop. Some weak hands will also sell their cryptocurrency holdings during the large sell-offs further contributing to the crypto whale initiated market wave.

How much crypto must you have to be considered a Crypto Whale?

While there is no rule for this, it generally must fit two criteria: (1) large volume of crypto (typically in the tens of thousands of BTC, hundreds of thousands of ETH and tens of millions of XRP); (2) large USD value, which is dependent on the market values of coins on any given day. Typically Crypto whales are worth MANY millions if not billions of dollars.

Who are the Crypto Whales?

It’s tough to be certain who the crypto whales are because of the pseudonymous nature of Bitcoin, Ethereum, XRP and other cryptocurrencies.
There are some groups who have claimed the title of Crypto Whale, including:
  • Pantera Capital
  • Greyscale
  • Coin Capital Partners
  • Fortress
  • Global Advisors Bitcoin Investment Trust
  • Bitcoin Investment Trust
  • Bitcoins Reserve
  • Binary Financial
  • Falcon Global Capital
  • Satoshi Nakamoto (wallet holds ~1,000,000 BTC), but its never been used.
Suspected Whales IMO:
  • The Winklevoss Twins
  • Roger Ver
  • Fidelity
  • Goldman Sachs (I could be wrong)
  • ICE (Parent company of Bakkt)
  • Bitmain
  • Other large miners
  • Vitalik Buterin (Ethereum Whale) & Joseph Lubin (Ethereum Whale)… likely.
  • Ripple (XRP Whale)
  • Who are the Crypto Whales?
  • Who are the Crypto Whales?
  • Theories on Crypto Whale Manipulation
Now I am no market analyst so take this with a grain of salt. The general sentiment on the internet about Crypto Whales is that they can and do manipulate the price of their respective cryptocurrency. Crypto Whales generally are financially well off and can afford to spend money. The idea is that they put in a large sell order on an exchange that they know cannot handle the volume of the sell order. This causes the price of the cryptocurrency to drop dramatically.
Once the price has dropped to a certain point the crypto whale takes fiat and buys up tons of low-cost cryptocurrency. Please note that they do not have to have their whole sell order filled. They just need to drop the price, cause panic, then other small fish investors start selling their cryptocurrency. This is when the whale cancels their sell order and starts buying the dip.
I personally think that this definitely happens, but to what extent I do not know.

Conclusion

I hope that you enjoyed this post on Crypto Whales and that you managed to learn a little something new about the crypto industry today.
There is a Twitter Account called “Whale Alert” where the individual (or group) tracks the blockchain for large cryptocurrency transactions/movements. Very interesting to pay attention to and keep an eye on. @whale_alert is really doing a great service to the crypto industry and average investor by broadcasting the transparency of the blockchain for our benefit to not fear crypto whale movements… or at the very least to be aware of them.
Keep in mind that these Crypto Whales are significant right now. This is due to the illiquidity of the global cryptocurrency markets. As institutional investors around the world start investing in earnest, and then as hundreds of millions of average Joe investors add cryptocurrency to their retirement portfolio, the liquidity and overall market value will rise. The Crypto Whales will have less impact on the market then. We will have the demand and liquidity to absorb the large sell orders, and the crypto will be more distributed.
People will be adding cryptocurrency to their portfolios just like they add stocks such as the S&P500 or Apple, Amazon, Johnson and Johnson, Oracle, Walmart, Berkshire Hathaway, etc, etc.
One of two things will happen with increased liquidity: (1) The Crypto Whales become massive in size; or (2) The Crypto Whales go the way of real life whales… endangered and hunted…
Link to Original Post: https://markshirecrypto.com/cryptocurrency/what-is-a-crypto-whale/
submitted by Tokenberry to NewbieZone [link] [comments]

r/Bitcoin recap - September 2018

Hi Bitcoiners!
I’m back with the 21st monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in September 2018
submitted by SamWouters to Bitcoin [link] [comments]

Beginner’s Guide to Exchanges – Part 1

Beginner’s Guide to Exchanges – Part 1

Hola Compadres! It is me u/poop_dragon here with another guide. Today I would like to run through a list of ETH exchanges. This is just Part 1 of this list, and it covers established exchanges. Soon I will post Part 2 and 3 which will go into some other types of exchanges (derivative markets, coin converters, decentralized, and foreign exchanges) Side note, I have given rating to these exchanges based on some comparisons, news, and information which I have found online. Recently, EVERY exchange has been slow/unresponsive in their customer service due to the huge influx of new users. My intention is to help educate new users about the exchanges available. I am not trying to discredit, advertise, pump up, or damage reputations. If you feel something is inaccurate, please respectfully bring it up in the comments. I will be editing as we go. Last thing of note, I have only included the lowest level trading tier to calculate trading fees, which assumes the highest rates. Most exchanges offer lower fees for bigger orders, but I have gone with the assumption that everyone here is not dropping whale amounts of cash.

00 – Concepts and Definitions

01 –Digital Exchanges

Poloniex

Exchange Type Maker Taker
All Currencies .15% .25%
Feature Details
2FA Google Authenticator Available
Wallet Security ‘Majority’ of Funds in cold storage
Personal Information Encrypted and Stored Off-Site
Tier Level Name Email DOB Phone Address Official ID Bank Info KYC Limits
Level 1 X X $2,000 USD Daily Withdrawal Limit
Level 2 X X X X X X $7,000 USD Daily Withdrawal Limit
Level 3 X X X X X X $25,000 USD Daily Withdrawal Limit
Level 4 X X X X X X X X >$25,000 USD Daily Withdrawal Limit
What is a KYC? It stands for Know Your Customer Documentation. This varies between exchanges. However, like most things, if you have to ask, you probably can’t afford it.

Bittrex

Exchange Type Maker Taker
All Currencies .25% .25%
Feature Details
2FA Google Authenticator Available
Wallet Security Multi-stage wallet Majority’ of Funds in cold storage
Personal Information IP Whitelisting restricts trading from new addresses
Tier Level Name Email DOB Phone Address Official ID Bank Info KYC Limits
Basic X X X 3 BTC or less daily
Enhanced X X X X X X 100 BTC or less daily

02– Fiat Exchanges - USA

Coinbase (GDAX)

Country Credit/Debit Linked Bank Account Wire Transfer
Australia 3.99% - -
Canada 3.99% - -
Europe 3.99% 1.49% SEPA- Free (€0.15)
Singapore 3.99% 1.49% -
UK 3.99% - SEPA Free (€0.15)
US 3.99% 1.49% $10 Deposit / $25 With / ACH Free
Exchange Type Maker Taker
ETH/FIAT 0% .30%
ETH/BTC 0% .30%
Tier Level Name Email DOB Phone Address Official ID Bank Info KYC Limits
Level 1 X X X
Level 2 X X X X X Crypto Only
Level 3 X X X X X X X Fiat Enabled
Level 4 X X X X X X X X Higher Fiat Limits
Feature Details
2FA Google Authenticator, Authy, SMS
Wallet Security 98% Assets in Cold Storage
Personal Information 3rd Party Verified, Secured, Stored Offline
Digital Currency Insurance Fully Insured by Lloyd’s of London
Fiat Insurance Up to $250,000 by FDIC
Bug Bounty Multiple bounties up to $10,000

Kraken

Country Linked Bank Account Wire Transfer
EUR Free SEPA €5-10 (€0.09 Withdrawal)
US Free SWIFT $10 ($60 Withdrawal)
UK Free SWIFT £10 (£60 Withdrawal)
CAN Free SWIFT Free ($10 Withdrawal)
Exchange Type Maker Taker
ETH/FIAT .16% .26%
ETH/BTC .16% .26%
Tier Level Name Email DOB Phone Address Official ID Bank Info KYC Limits
Level 0 X No Trading Allowed
Level 1 X X X X No Fiat, Unlimited Crypto
Level 2 X X X X Fiat $2,000Day/$10,000Mo
Level 3 X X X X X X Fiat $25,000Day/$200,000Mo
Level 4 X X X X X X X X Fiat $100,000Day/$500,000Mo
Feature Details
2FA Google Authenticator, Master Key Available
Wallet Security Majority Assets in Cold Storage
Personal Information PGP Encrypted Emails, Global Settings Lock
Digital Currency Insurance Maintain Full Reserves
Bug Bounty Multiple bounties

Gemini

Country Linked Bank Account Wire Transfer
USD Free Free
Exchange Type Maker Taker
ETH/ALL .10-.25% .25%
Tier Level Name Email DOB Phone Address Official ID Bank Info KYC Limits
Individual X X X X X X X None - Except for ACH
Feature Details
2FA Google Authenticator, Authy Available
Hot Wallet Security Hot Wallet Hosted by Amazon Web Services
Cold Wallet Stored in 2 tiers of cold and 'cryo' multi-sig storage
Personal Information Encrypted in Transit and Stored Offline
Digital Currency Insurance Fidelity bond by 'top-tier insurance company'
Fiat Insurance Up to $250,000 by FDIC

03– Fiat Exchanges - Hong Kong

Bitfinex

Country Credit/Debit Bank Transfer Express Bank Transfer
ALL - .1% ($20 Minimum) 1% ($20 Minimum)
Exchange Type Maker Taker
ETH/ALL .10% .20%
Tier Level Name Email DOB Phone Address Official ID Bank Info KYC Limits
Individual X X X X X X (2) X X No Stated Limits
Feature Details
2FA Google Authenticator, Twilio Available
Account Security New IP Addresses locked for 24 hours, require verification and detection
System Security Hosted and Backed-up on Linux, protection from DDoS
Personal Information Email encryption with OpenPGP
Wallet Security Only .5% of funds are stored in hot wallets
EDIT : Thank you to u/Ginger_Bearded_Man for the suggestion. Bittrex has been added.
submitted by poop_dragon to ethtrader [link] [comments]

In case you missed it: Major Crypto and Blockchain News from the week ending 12/14/2018

Developments in Financial Services

Regulatory Environment

General News


submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

The Winklevoss twins turned their Facebook settlement money into Bitcoin bill Winklevoss twins on their Gemini bitcoin exchange How the Winklevoss twins made billions from bitcoin Bitcoin REJECTED At $11,000! Is It All Over? - Winklevoss Twins To Partner With LIBRA?? Winklevoss Twins Explain Bitcoin

When the Winklevoss twins invested in bitcoin, the coin was trading at only $120. And at the time of writing this article, the value of single bitcoin was $17,800, according to Coindesk, an informative site on this technology. So you can calculate the wealth of Winklevoss twins and laugh at yourself or become jealous of the twins or start thinking about investing in bitcoins. (On a lighter ... The Winklevoss twins, who once planned to buy up 1% of all bitcoin in existence, have, though, been working on bringing their U.S.-based bitcoin and cryptocurrency exchange Gemini to Europe. Here are the people with the biggest known stakes in Bitcoin. The Winklevoss Twins. You likely know Tyler and Cameron Winklevoss, who tried and failed to gain control of Facebook after alleging that it had been appropriated from them, thanks to Armie Hammer’s satirical portrayal of both siblings in The Social Network. But the Winklevii have a second act in their enormous Bitcoin investment ... The Winklevoss twins helped turn bitcoin into a $1 billion baby — so perhaps it’s fitting that they also become one of bitcoin’s first billionaires.. Tyler and Cameron Winklevoss, who famously won a $65 million settlement from a lawsuit against Facebook in 2011, later used some of that money to purchase what they said was $11 million worth of bitcoin in 2013. Winklevoss twins - Tyler and Cameron - are two of the most successful Bitcoin holders in the world. Some say that they hold up to 1% of the whole supply of circulating Bitcoin.. At the time of writing, there are 17,960,525 Bitcoins in circulation. That means that the Winklevoss twins hold approximately 179,605.25 Bitcoins, which is worth $1,438,918,236.69.

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The Winklevoss twins turned their Facebook settlement money into Bitcoin bill

"Don't Sell Bitcoin" Robert Kiyosaki How to Become Rich 2018 - Duration: 23 ... Bitcoin Money Maker 1,211 views. 14:03. Cameron and Tyler Winklevoss: Cryptocurrency and the Future of Money ... Bitcoin is at yet another decision point that could have major impacts on the market. We also discuss the news about the Winklevoss twins becoming a part of Libra. - - - If you enjoyed the video ... Money Insider 231,770 views. 8:12. The Winklevoss twins talk Bitcoin futures and fears - Duration: 9:42. Fox News 108,436 views. 9:42. How to spot a liar Pamela Meyer - Duration: 18:51. TED ... "Its going to be fast. In the next 2 years there will be a completely different landscape such as the Internet during 98 and 2000" NOW is the Time... Bitcoin is the Future of Money, Get Yours! They became famous as the privileged pair of Harvard athletes who believe Mark Zuckerberg stole their idea for Facebook. Now, entrepreneurs Cameron and Tyler...

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