Survey: Nearly 40% of Chinese Would Like to Invest in Bitcoin Despite Prolonged Bear

http://bit.ly/2rYTHkE

Submitted December 29, 2018 at 05:36PM by eviade8btc http://bit.ly/2LCONCU

How long before every new phone incorporates a bitcoin wallet that runs in a secure area of the phone? Seems like already HTC and Samsung are adding these features.

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Submitted December 29, 2018 at 04:02PM by kolinHall http://bit.ly/2rZzDyw

Quick Update

17,450,000 bitcoins have been mined over the last ten years (83%).

3,550,000 left to mine over the next one hundred odd years (17%).

Fifteen years is enough time for any new technology to gain mainstream adoption, so if mainstream adoption is going to occour chances are it will happen within the next five years.

Over the next five years only 1,971,000 bitcoins will be mined. That is only 11% of the amount of new bitcoin we have mined over the last decade.

If new demand does nothing but stay the same we will see fire works due to this massive supply reduction over the next five years. If demand flows into the realm of institutional finance well, you do the math.

Only 11% of the supply mixed with one hundred times the demand, that would mean 2017 was a warm up just to get you all ready for whats coming.

On a serious note it blows my mind how people still dismiss this fact. They cannot grasp the idea of digital scarcity.

If you told anyone with a brain that over the next five years the new supply of mined gold was going to fall by 89% compared with the last decade, and at the same time the first gold ETF is going to launch making gold available to own on traditional brokerage platforms, they would say motherfucker that sounds like the biggest investment opportunity of a lifetime. Yet thats exactly whats happening with bitcoin and the masses remain completely dismissive.

Their loss is our gain.

Submitted December 29, 2018 at 09:00PM by slvbtc http://bit.ly/2Tc8Cn8

Amara's Law. "We overestimate the short term and underestimate the long term." Bitcoin is not where people think it should be today but it will be way beyond anyones wildest dreams in five short years from now.

http://bit.ly/2LLCiVX via /r/Bitcoin http://bit.ly/2s2nCZn

WSJ: Bitcoin trading at a 0.84 correlation with gold

https://on.wsj.com/2EWe4HR

Submitted December 29, 2018 at 02:38AM by junglehypothesis http://bit.ly/2EVoXJa

Paypal has banned The Hacker News, let's help them switch to Bitcoin

https://twitter.com/TheHackersNews/status/1078907851995860992

Submitted December 29, 2018 at 08:05PM by alexk111 http://bit.ly/2CFO94P

Jihan Wu and Micree Zhan Alleged Stepping Down as CEOs of Bitmain |

http://bit.ly/2LDbuXD via /r/Bitcoin http://bit.ly/2s0O2dP