Published on February 5th 1996. What does that tell us about blockchain technology?
Don't believe the "Cryptocurrency is Dead" articles in your news feed. They are trying to scare you to drive down the price so bigger Institutions can enter with more ease.
If everyone is selling in a bear market, does your broker have to buy your shares from you?
A broker won't lose money when a stock goes down in a bear market because the broker is usually nothing more than an agent acting on sellers' behalf in finding somebody else who wants to buy the shares. A broker is not required to buy from you if you want to sell shares and there is no one willing to buy.
Other traders and investors are on the opposite side of a transaction, not usually the broker. To say "everyone is selling" is usually an erroneous statement, because in order for transactions to occur there needs to be buyers and sellers transacting to create trades, even though those trades may occur at lower and lower prices. If literally everyone were to sell, there is no market in that stock (or other asset) anymore until sellers and buyers find a price they are willing to transact at.
When a stock is falling it does not mean there are no buyers. The stock market works on the economic concepts of supply and demand. If there is more demand, buyers will bid more than the current price and, as a result, the price of the stock will rise. If there is more supply, sellers are forced to ask less than the current price, causing the price of the stock to fall.
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1 1220 minutes ago
What was your first #BTC wallet?! Mine was this classic Ledger HW.1
Uber's Largest Shareholder Softbank Denies Deal With Bitmain, Other Investments Uncertain
Uber's Largest Shareholder Softbank Denies Deal With Bitmain, Other Investments UncertainNEWS
An official from Softbank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources.
As previously reported, Bitmain had allegedly sealed a pre-Initial Public Offering (IPO) financing deal which had brought its valuation to $15 billion. Both Chinese tech conglomerate Tencent and Japan’s SoftBank — another tech giant whose 15 percent stake in Uber makes it the drive-hailing app’s largest shareholder — were purportedly involved.
After receiving an anonymous tip that Tencent and Softbank were not actually involved in any deal with Bitmain, Cointelegraph reached out to SoftBank and Tencent for confirmation.
As a response to Cointelegraph’s request for information, Kenichi Yuasa of the Corporate Communication Office of SoftBank Group Corp. stated #cryptocurrency#crypto#bitcoin#altcoin#bitcoinexchange#bitcoinnews#investing#bullies#news#ethereum#litecoin#bitcoincash#monero#bitcoins#money#earnit#exchange#dollar#timesofindia#bitcoinexchange#online#bonus#btc#today#market#blockchain#currency#fiat#value#price
Microsoft's billionaire co-founder Bill Gates has warned against investing in cryptocurrencies like bitcoin, arguing they "caused deaths in a fairly direct way".
Gates held a Reddit "Ask Me Anything" (AMA) session not too long ago where he mentioned that the anonymous and unregulated nature of virtual currencies, which are decentralised and therefore do not answer to any government or central bank, means that they enable criminals to carry out black market peer-to-peer transactions, money laundering, tax evasion and other illegal financial exchanges. -
The entrepreneur cited the example of fentanyl - a powerful pain medication - being bought online without proper supervision or oversight as evidence that people's lives were being placed in danger from the threat of overdosing.
⤵️What do you guys think about this? Post your oppinion in the comments!⤵️