Bitcoin Will Reverse Because of These 3 Factors #452

Nobody needs reminding that Bitcoin has plunged to a seven month low. It has all happened before and a recovery has followed as it will again.

Here are three bullish factors that will cause a Bitcoin trend reversal next year.

VIDEO: https://youtu.be/-gJmSpEAIKU

PODCAST: https://4MinuteCrypto.com/452

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Riot Blockchain Bought 4,000 Bitmain Miners #453

Riot Blockchain bought 4,000 Bitmain S17 Pro Antminers claiming that the cost efficient Antminers would allow it to achieve a 50% improvement in hardware power efficiency compared to the S nine miners they currently use.

VIDEO: https://youtu.be/7wQEQ2hblmM

PODCAST: https://4MinuteCrypto.com/453

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Coinbase CEO Brian Armstrong has been granted a U.S. patent for a system for users to make crypto payments with email addresses linked to corresponding wallet addresses.

VIDEO: https://youtu.be/rbblMUvoY18

PODCAST: https://4MinuteCrypto.com/454

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Need to Explain Bitcoin to Friends and Family? #455

If you’re looking to bring up Bitcoin during the holidays or any time over the next few weeks, here are two good strategies in bringing up the subject matter.

YouTube: https://youtu.be/rJT37Ky1wjw

PODCAST: https://4MinuteCrypto.com/455

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Ethereum co founder Jeff Wilcke admitted he has sold 90,000 ETH. The transfer, which carried the large stash of ETH to the Kraken exchange, sparked fears the coin may slide in the coming days, erasing more of its value by the end of the year.

YouTube: https://youtu.be/FBJhpbr9OgY

PODCAST: https://4MinuteCrypto.com/456

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Start 2020 with Proof of Keys #457

The crypto sector is preparing for the second Proof of Keys day on January 3rd, 2020. The idea of Proof of Keys day is to withdraw your funds from exchanges to a wallet where your private key is fully controlled.

YouTube: https://youtu.be/ManlbWTvm6o

PODCAST: https://4MinuteCrypto.com/457

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There will be an explosion of cyber security threats targeting all verticals worldwide next year. Just like other industries, the crypto industry must also prepare to respond to the ever changing crypto security threats.

YouTube: https://youtu.be/kBKCk7AvYfU

PODCAST: https://4MinuteCrypto.com/458

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Bitcoins Hash Rate Now 7x The Size It Was During 2017 ATH #459

As pointed out in a tweet by the trader known only as Rhythm, the hash rate currently securing the Bitcoin network is almost seven times as large as it was during Bitcoins all time high price.

YouTube: https://youtu.be/6jkBiYC2dEc

PODCAST: https://4MinuteCrypto.com/459

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According to Trustnodes the Ethereum network was the largest when it came to the number of nodes, and the blockchain dominated the industry in terms of size. However, the number started falling in 2019 currently being down by around 3,000 since the start of the year.

YouTube: https://youtu.be/WTAe1hrcuss

PODCAST: https://4MinuteCrypto.com/460

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How Bitcoin Under Performed in 2019 by Rising 85% #461

2019 was only really positive for a handful of digital assets, namely bitcoin. While it ended up 85% for the year, it was the worst positive year on record which could be a sign that things are slowing.

YouTube: https://youtu.be/ezvTuCD6hyo

PODCAST: https://4MinuteCrypto.com/461

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Millennials To Inherit $70 Trillion From Boomers #462

With Boomers set to retire in mass, those more sympathetic to Bitcoin will have more options than ever to invest in it. Over 68 trillion dollars will transfer to Generation X, Millennials and Post Millennials over the next 20 years.

YOUTUBE: https://youtu.be/ggYXBh89bFc

PODCAST: https://4MinuteCrypto.com/462

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Litecoin's Miner Capitulation Great News for Bitcoin #463

Noted statistician Willy Woo has forecast Bitcoin could have its bull market induced by Litecoin as the Litecoin enters a bullish renaissance,

YOUTUBE: https://youtu.be/nOYfGs5esEs

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10 Million Bitcoin Haven’t Moved in More Than a Year #464

About 10.7 million bitcoin haven’t moved in more than 12 months, according to Digital Assets Data. Considering that the total number of Bitcoin in circulation is 18.14 million, this means nearly 60% of Bitcoins remained dormant and only 40% participated in the price action seen in 2019.

YOUTUBE: https://youtu.be/tyUReKXWSfk

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Rapper Zuby announced earlier that he not only accepts Bitcoin payments, but that he doesn’t intend to convert them immediately to fiat. Demonstrating that he has at least done a his homework.

YOUTUBE: https://youtu.be/qEcbsOo_aH8

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The overall value of Bitcoin is already up by around 15% this year, but since President Trump recently down played the situation in Iran, saying that the Middle Eastern power is ready to stand down, Bitcoin's price slid back down around $8,100.

YOUTUBE: https://youtu.be/nEmm4EsEP-0

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Analyst Believes Bitcoin is Primed for Massive Gains #467

2020 has been a great year for Bitcoin so far, with Bitcoin climbing significantly from its year to date low of $6.800. Bitcoin’s bullish price seems to confirm one prominent analyst’s belief that Bitcoin could set all time highs in the coming couple of years.

YOUTUBE: https://youtu.be/_xAyGySdss0

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A big thank you to buybitcoinworldwide.com for being our bag sponsor at #BitBlockBoom for 2020.

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Sources suggest that Twitter is looking to add a tipping function. Given Twitter & Square CEO Jack Dorsey’s appreciation of Bitcoin, it would come as something of a surprise if a future Twitter tipping service didn’t use Bitcoin in some capacity.

YOUTUBE: https://youtu.be/a2tzQHpwmkM

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Russian President Putin has proposed constitutional changes that would allow more power to shift to the State Duma. Skeptics viewed this move as Putin’s bid to extend his twenty year run as both President and Prime Minister. Through the Duma, it would be possible for Putin to keep pulling the strings, despite not being directly at the helm.

YOUTUBE: https://youtu.be/oFnVbLZ7Jwc

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Lee claims that Bitcoin will shine largely in part to increase geopolitical risk, notably a potential war looming between the US and Iran, and the fact that nearly all global economies are hanging by a thread, printing money to only further put off an inevitable market collapse.

YOUTUBE: https://youtu.be/2pVIATp27no

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I am almost finished setting up a great networking event at #TopGolf during #BitBlockBoom.

I hope to post next week at https://BitBlockBoom.com

Message me if you want me to message you when it goes live.