50Bitcoins

COINBASE VS. LOCALBITCOINS One of the biggest concerns of the members of the crypto community that possess holdings of any digital currency is security. Due to the multiple security breaches experienced by crypto heavyweights such as Bitcoin and Ethereum alike, both of which resulted in community-dividing hard forks, people are concerned about how secure their holdings are. With platforms such as Coinbase, users are given unparalleled ease of access to buying, sending, and holding Bitcoin, Ethereum, and Litecoin.  With features such as low fees, an included wallet, and an easy to use interface, Coinbase has become a popular choice to newcomers. Although it is very user-friendly, it comes with drawbacks due to it being a centralized third party. This characteristic makes Coinbase more prone to security breaches and hacks, as there are frequent reports of users losing access to accounts and holdings they own inside the Coinbase Platform. LocalBitcoins, on the...

Why did Bitcoin Crash in the first place? Many people think that Bitcoin’s crash was about Elon or China – it was about INFLATION. This is because  : Cypto is extremely volatile  Uncorrelated assets go in both directions Crypto has idiosyncratic risks This is nothing new  There are plenty of proximate reasons. China cracked down on bitcoin. Elon Musk said a nasty thing about bitcoin. The Federal Reserve got a bit excitable about the digital dollar again. Crypto is extremely volatile The daily price volatility for Bitcoin over the past three years is 75%. In comparison, the S&P 500 daily volatility over the past three years has been 22%. So Bitcoin has been roughly four times as volatile as the stock market. But these numbers likely underestimate the actual volatility of Bitcoin considering crypto trades 24 hours a day, seven days a week. It’s much harder to sleep well at night as an investor when markets are always open, and potentially crashing.For the un...

Over 46 Million Americans likely To Buy Crypto In Next Year  This survey is an eye-opener, it shows how many Americans have embraced cryptocurrency during its recent surge and its general popularity. In fact, the survey asked how respondents would feel if their insurance carrier invested less than 2% of its cash in Bitcoin: 43% said such an allocation would be acceptable42% said it might be okayOnly 15% said they didn't like the idea The survey included a national sample of 1,050 U.S. consumers with an annual income of at least $50,000. And it used the standards of the Census Bureau's American Community Survey to weigh its data based on the demographic composition of the United States. Over 20% of Americans that have never bought cryptocurrency are likely to buy in the next year Our results show that interest in cryptocurrency will remain strong over the next year. 20% of American adults who have never bought cryptocurrency say they’re somewhat likely to buy in the ...