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Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC Deaths in the Single Digits
The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Ever since Satoshi Nakamoto released the decentralized network, a number of people have doubted bitcoin and over the years some individuals have deemed the project “dead.” Famous people, journalists, economists, luminaries, and many more have written long-winded essays on why the cryptocurrency is sure to fail. The website 99 Bitcoins maintains a list of “Bitcoin Obituaries” collected over the years and so far there’s been 382 deaths in total. This past weekend the crypto economy slid in value considerably, as a number of digital currencies lost between 15-35% during the last seven days. Out of the top ten coins in terms of market capitalization, binance coin (BNB) staved off the market rout by only losing 12% and bitcoin (BTC) lost a touch over 16%. The rest of the top ten crypto assets lost a much larger percentage, as coins like ETH and DOT lost close to 30%. Despite this, another bitcoin obituary was listed on September 4, when BTC dropped to $10,500 per coin. The death stems from the web portal Newsbtc and it was written by Uri Shalev who titled the article: “Bitcoin is Worthless in Long-term.” Shalev says that even Warren Buffet won’t go near the crypto asset and BTC must be a bubble. “In contrast, bitcoin or other digital currencies are very likely worthless in the long term, and those are the kind of assets that investing legend Warren Buffet won’t touch,” Shalev writes. “It’s these latter kinds of assets that have a greater chance to be in bubble territory because they don’t generate cash flow to support their valuations.”
https://preview.redd.it/hj213pg9i3j31.png?width=860&format=png&auto=webp&s=5f170802f499c617d21c300abcfc2358c6458697 George Harrap is CEO and co-founder of Hong Kong based Bitspark, a bankless money transfer ecosystem focused on Asia and Africa. This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To keep the conversation going in person, register forInvest: Asia 2019coming up in Singapore on Sept. 11–12. Stablecoins are prevalent at all levels of crypto transactions these days, from the largest spot markets on exchanges like Binance to the trading pair of choice by many Hong Kong and mainland China OTC desks. The reason for the demand is simple: stablecoins provide a bridge between the fiat and crypto worlds. However, not all stablecoins are the same. From currency peg to counterparty risk, there are two competing models duking it out at the moment: trusted and trustless stablecoins, with each referring to different levels of counterparty collateral risk. We prefer trustless stablecoins as that model eliminates the counterparty risk of needing to trust a company, auditor, bank and humans in general. The top 5 stablecoins in the market are all pegged to the US dollar and while USD is a reserve currency, that market is quite saturated already. In contrast, the opportunity in the other 180 fiat national currencies used by the majority of the world has barely been realised. That’s where the next frontier for stablecoins is. In operating Bitspark in many emerging markets we have heard first hand from individuals, NGOs and companies how bank collapses are somewhat common and trust in government and banking is rock bottom. Access to digital cash that’s publicly visible and under the ownership of the individual would eliminate these problems and this is what Bitspark has been pioneering with PHP, IDR, VND pegged stablecoins for our remote money exchange agents.
Unique trading opportunities
There are interesting trading opportunities here too. Exotic currencies around the world almost always depreciate against the US dollar with recent examples found in Venezuela, Argentina, Turkey, Zimbabwe and Iran. A good trade here would be to short those currencies via placing a dollar stablecoin as collateral to back the issuance of these currencies and then selling them for dollars. Bitcoin traders, merchants, and individuals need to use these currencies everyday anyway, so there is a market of buyers to which issuers can sell to. Over time as the issued currency depreciates, the collateral value backing it becomes more valuable relative to the issued currency, enabling the issuer to withdraw or exchange excess collateral. Having already sold their issued coins on Day 1, they have effectively shorted the exotic currency without having to deal with any questionable local custodian — that’s almost impossible to do within traditional financial services At Bitspark, we are creating trustless stablecoins for every currency in the world having recently launched an exciting product with Stable.PHP, a stablecoin pegged to the Philippine Peso backed by BitUSD (the first and oldest stablecoin in existence) using the Bitshares protocol. I will be discussing more about some of the trading opportunities in taking short positions on Stable.PHP at this year’s Invest.Asia conference in Singapore. For example, when your collateral is BitUSD and you are issuing an exotic currency like Stable.PHP, you can take a leveraged position long or short. Our set of exotic stablecoins will only be expanding through the year enabling more people to access a digital financial system in their local currency. Abacus image via Shutterstock
Pivot (Soccer Prediction)Essay Competition: The Pivot is owned by Binance, Binance is one of the largest exchanges of digital currency in the worldThe Pivot is a social network that started its work about four months ago, and during this short period of time, many fans around the world have been involved in this program and are active in the game in a variety of ways, including, posting, read posts and predict soccer and digital currencies as well as invite friendsWhich rewards them according to the type of activity of the pionet, such as: pvt, pvtp and bitcoin. Soccer Prediction is a part of the Pivot program that has many enthusiasts, which allows you to easily earn money without investing and even financially. The Pivot program has another way It also provides soccer for the prediction of the name (Super Agent)You will be invited to the program through your referral link for prediction of soccer.In order to predict the soccer the program provides you with accurate statistics, which are the statistics of global ranking systems based on the results of the past teams and ranked highest and the lowest in terms of team strengths, and even from the point of view A general analysis is also being used to analyze theseIt's a form that, in addition to team ranking, shows you how weak and strong are the teams in attack and defense (farm advantages)Also, the program will provide you with the right trainings for predictive power guidance. And you can get more power, for example, in the "Forecast" sectionHandicapping predictions give the team a low rating to help maintain balance and predictability, as well as giving you the opportunity in the predictions section, in addition to boosting your chances of winning your power. Which will eventually get more pics. How rewarding program pivot in this way that any predictions, whether winning or losing are 250 Power receive free, which eventually turned into Pvt that digital currency pivot the and you get a lot of profits, and this reward is not anticipatedTo win you a pvtp, pvtp has a reward that has created a program for predictions that can be converted to bitcoin (100 pvtp = 0.000001 btc) and you can even bitcoin enter Plan it and convert it to pvtp It was pointed out to the special program that the pivot envisaged for you (Super Agent), which you will receive with the propaganda of the soccer pioneer program in the media, as well as the 50 referrals, which will be awarded to them by the 2% predicted by the Commission, eventually You will be ranked and earn points based on it. Since soccer exciting sport and is highly popular among the general public is, after entering soccer predictions to schedule pivot supportive role of propaganda from (Crypto Currency) has increased the popularity and reliability more (CRypto Currency) digital currency pivot Has been . Registration link: https://www.pivot.one/app/invite_login?inviteCode=wvrqmo nick name:korosh zid:28365333
"to kill two birds with one stone..." ,What's Pivot's Soccer Predictions benefits. Investment in Cryptocurrencies and enjoying fun with Soccer Predictions./ ❎essay number 09 ✒Written by: ehsan davoodi / ZID: 167016786
Hi Today , I want to write about one of the best powerful Applications about Cryptocurrency and Digital Currencies World called Pivot Community and Specially Soccer Predictions in Pivot Application. If you don't know anything or don't have any knowledge about Cryptocurrencies Market, don't worry, you can start your investment by joining to Soccer Predictions in Pivot Application... At first let me to introduce Pivot Community briefly for who don't know anything or any knowledge about Pivot Community Application : One of the best interpretations about Pivot is : "Reddit+Coindesk=PIVOT, Invested by Binance, Huobi, LD, INBlockchain and Link VC." Very clear ,but Pivot is more than Reddit + Coindesk, because one of the main investor in Pivot is Binance! and Huobi and... So you can guess that how much this Application is authoritative and trusty. Other hand , Pivot have a lot of active users in all over the World! Over 1M+ downloads just in Play Store for Android Devices! With over 4.6 Star in Play Store! And being in Top4 , are little part of honors about Pivot Community Application. ●Pivot is a community from China for cryptocurrency investors. Pivot is a global leading cryptocurrency community, dedicated to providing investors a platform where they can communicate and collaborate to change the world. Pivot provide cryptocurrency markets, prices and charts in real time of more than 1400 cryptocurrencies and the freshest blockchain news. After publish Pivot from china , this app spread all around the world. all over the telegram channels and Twitter & Instagram and other social media applications and other platforms , we can see this app's advertise and it mean that Pivot Community is very powerful and very different from other types of these platforms. People talk about Pivot and they suggest that to each other. It mean that Pivot Community is very powerful and they wanted to be best. When we want to analyze the numbers and parameters about ICOs and this kind of Applications ,we can realize easily that Pivot is very different from other types of this structure and they are very powerful and professional than others. In Pivot Community Application, users can search about cryptocurrencies market and databases and chats and charts and last fresh notes and news! Do you know that users can invest on their own Pivot's account in application? Yes , users can do it easily and i will write about that. The fun soul of Pivot application is Predictions. There's two different ways for joining to Predictions in Pivot. One of them is about Cryptocurrency Markets and World called "High Profits Predictions" and "Binary Predictions" and "Free Predictions". And one of them is about "Soccer" , called " Pivot's Soccer Predictions ". The most successful and popular part of Pivot Application is Soccer Predictions because they are very awesome and amazing! ■I use this for joining to Pivot's Soccer Predictions: " to kill two birds with one stone..." because you will invest on Cryptocurrency World with enjoying Soccer Predictions! *If you don't know anything or don't have any knowledge about Cryptocurrencies Market, don't worry, you can start your investment by joining to Soccer Predictions in Pivot Application... Other hand ,if you have any knowledge about Cryptocurrencies Market, it's a Golden opportunity for investment on Pivot Community Application for you. ■ In Pivot Application, users can join to different types of Predictions, that they are one of the these 2 main types of Predictions: " Market Predictions " and " Soccer Predictions " "Market Predictions" are : Free ,Binary, and High Profits./ ●Now my main target about writing this essay is to introduce " Pivot's Soccer Prediction " as one of the most exciting and awesome sections of Pivot's entertainment : ■Pivot Soccer Prediction is an entertaining game for all pivoters. Since the release, it is one of the most popular sector in Pivot. Because you can feel awesome when you start to join games! "Chance", "Intelligence" , "Precision" , "Science" , "Information" and "Risk-taking ability" are the most important parameters for joining to Soccer Predictions in Pivot's entertainment. Really it's one of the most popular and exciting features of Pivot that everyone try to join for fun and funds! Yes , Fun & Funds... Everyday, thousands of users join to " Pivot's Soccer Prediction " for different games from all over the World. Because everyone loves Soccer! There are so many Soccer fans around the world. Every Parameters about Soccer Predictions are very powerful and professional. Soccer predictions are the new methods to promote Cryptocurrency. I think , Pivot is very smart , because it will be very valuable if Soccer fans becoming the part of Cryptocurrency enthusiasts. So Pivot is very fun and awesome by these exciting experiences and it will be one of the most successful events for Pivot Community. With Pivot Application, users can invest on PVT (Pivot's Tokens) and Cryptocurrencies and read news about that. So with Soccer Predictions section soccer lovers can join to Pivot and feel better and awesome! People are now able to carry out Soccer Prediction on Pivot Application everyday. For start to joining to Soccer Predictions in Pivot Application, you must have PVTP. Please pay attention that PVTP is Not PVT! PVTP#PVT ■For PVTPs you must Deposit Bitcoins in your Pivot's Wallet on your account. It's very easy, Deposit certain amounts of BTC (Bitcoins) on your Pivot's Wallet and then Exchange it to PVTP easily. Pay attention that : each 1BTC (BITCOIN) = 10,000,000 PVTP For each Vote in Predictions in Pivot , you need to pay 100 PVTP. For joining to Soccer Predictions there is a lot of useful selections (different types of Predictions Structure) so just pick your favorite Soccer Predictions selection by clicking on the payout of you pick and Done! But there's some profits for you by investing BTC on your Pivot ; for example, for each 1 Vote (100PVTP) you will earn 250 Power as rewards! And it's Unlimited!!! So don't forget that! In other hand ,if your Predictions be true ,you will increase your PVTPs and then increase your BTC ! So you will be one of the Pivoters and you will be one of the people who have a lot of PVT when Pivot release PVT in December! So ,I want to say my subscribers and followers that Pivot Community is the best Golden opportunity for earning money and enjoying fun! *Now ,pay attention that you can join to Soccer Predictions with different types like: Match Odds (means Main Result of match in 90') , Next Goal ,OveUnder ,Asian Handicap , Correct Score. In this essay, i wanted to write about Pivot Community Application and Specially about Soccer Predictions in Pivot. Everyone can join to these Soccer Predictions in Pivot Application and start to earn more money and more PVT! Yes , more PVT , because by joining to Soccer Predictions you will earn 250 Power for each 1 Vote (100PVTP) ,and then you will earn more PVTs tomorrow! PVTs will release in December 2018 as one of the Top10 in all over the World. So , be intelligent ,if you don't know anything about Cryptocurrencies and Market for joining to Predictions , then you can start to invest in Cryptocurrencies World by Pivot's Soccer Predictions in Pivot Application! I worked over 7 years as a Master Analyst in Cryptocurrencies World , and i have a lot of experience about this kind of platforms , but I think Pivot Community is very different from other types of platforms , and it's one if the most successful ICOs in all over the World, because of some technical parameters like : powerful structure, professional development , a lot of active Users , powerful database , honest business, and act... So I think Pivot Community is the best opportunity for investors and Soccer's Fans! Yes , of course for both... Everything is very clear in Pivot Application and everyone can work with it easily. Pay attention that i wrote this essay as one of the Master Analyst of Pivot. Now , just start to download your Pivot Application from Play Store if your device is Android and get it from Apple Store if your device is IOS. Pay attention that you can Exchange your PVTP in to BTC easily and quickly withdraw it anytime. So there's not any much time until release day , try to earn more PVT. *I created a Video clip about Pivot's Soccer Predictions in YouTube, and you can see it. I will upload it soon in Pivot. 📲For more information about Pivot Community, you can visit my Website and my Social networks pages (ehsan davoodi) : You can find me in Pivot Community Application by searching "ehsan davoodi" as one of the Master Analyst. You can find me in Reddit Platform same. You can find me in Medium Platform same. You can find me in Steemit Platform same. I wrote over 13 essays and articles about Top ICOs and Cryptocurrencies, 8 of them are about Pivot Community Application./ My Telegram Channel I'D: @iranpivot98 (over 1k professional subscribers about Pivot) ■ My Informations: Written by : Pivot's Nickname : ehsan davoodi Pivot's ZID : 167016786
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