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2020 Was The Beginning Of Real Volatility – Bitcoin Magazine



2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here to read all of the stories from our End Of Year 2020 Series...


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https://ecoindiscuss.com/2020-was-the-beginning-of-real-volatility-bitcoin-magazine/

‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages


Indian cryptocurrency exchange Wazirx announced Monday that it is offering rewards for videos teaching about cryptocurrency, specifically on the topic of how to buy bitcoin and other cryptocurrencies in India. The exchange found that 90% of crypto explainer videos and blog posts are in English. While there are some in Hindi and a few in Tamil, the number of videos is “almost negligible in other languages.”...


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https://ecoindiscuss.com/how-to-buy-bitcoin-in-india-crypto-exchange-offers-rewards-for-videos-in-all-indian-languages/

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Why The Majority Will Rush To Buy Bitcoin At Its ATH, And Not When It’s Low?



Despite briefly crashing to beneath $4,000 during the mid-March liquidity crisis, bitcoin has been on a tear through 2020. The last quarter of the year has turned out to be exceptionally bullish for the cryptocurrency as it more than doubled in value, broke the coveted $20,000 level, and painted a new all-time high slightly above $24,000...


For More Details

https://ecoindiscuss.com/why-the-majority-will-rush-to-buy-bitcoin-at-its-ath-and-not-when-its-low/

5 things to watch in Bitcoin this week



Bitcoin (BTC) surged to a new all-time high over the weekend, but what’s in store as a new week begins?

With $24,000 still in play, Cointelegraph takes a look at five factors influencing BTC price action over the coming days...


For More Details

https://ecoindiscuss.com/5-things-to-watch-in-bitcoin-this-week-4/

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Altcoins are About to See a “Capital Rotation” Event as Bitcoin Rally Heats Up

Bitcoin has been taking the lead over the entire market today, with the cryptocurrency’s price rallying past $20,000 yesterday and seeing parabolic gains today while altcoins mostly stagnate.

Where it trends in the mid-term will undoubtedly depend largely on whether or not it can maintain its present strength, as any “blow-off top” could prove to be dire for its price action...


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https://ecoindiscuss.com/altcoins-are-about-to-see-a-capital-rotation-event-as-bitcoin-rally-heats-up/

What Is Going On With Jae Kwon and Cosmos?


If something should happen to me, be critical and share your opinions respectfully. But everything I’m doing is in fact making me a target,” Jae Kwon, the main architect of the Cosmos protocol, wrote on Twitter on Jan. 21.

Kwon’s varied fixations have been a topic of conversation among crypto-community insiders. But it’s been much more than idle chatter for the staffers of the startup building the software that makes Cosmos work...


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https://ecoindiscuss.com/what-is-going-on-with-jae-kwon-and-cosmos/

Economist Calls Bitcoin “Massive Bubble” After Price Hits Record High

Bitcoin’s potential as an emerging safe-haven alternative to gold raised its demand among institutional players in 2020. But a prominent economist is still skeptical about the cryptocurrency’s growth.

David Rosenberg, the chief strategist at Toronto-based Rosenberg Research & Associates, said in an interview with Bloomberg that Bitcoin is a “massive bubble.” He criticized the flagship cryptocurrency for having zero evidence about its “future supply curve,” noting that it’s nothing but an “extremely crowded” trade...

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https://ecoindiscuss.com/economist-calls-bitcoin-massive-bubble-after-price-hits-record-high/

3 Ways Blockchain Can Prevent Supply Chain Disruptions During a Global Pandemic

With the current global lockdown affecting supply chain visibility, blockchain technology once again presents itself as being primed for more broad-based utilization in traceability, shipments, and other critical aspects of supply chain management (SCM). Here are three ways the novel technology can prevent disruptions in supply chains across various industries during a global pandemic...


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https://ecoindiscuss.com/3-ways-blockchain-can-prevent-supply-chain-disruptions-during-a-global-pandemic/

Lawyer Who Represents Victims of Alleged Spanish Crypto Ponzi Says It Could Be the ‘Biggest One’ in the Country




During an interview with Eldiario, Carlos Aránguez, a Spanish lawyer who represents 130 victims, pointed out that the magnitude of the disaster provoked by the alleged crypto Ponzi scheme Arbistar can be qualified as the “biggest computer scam” in Spain...


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https://ecoindiscuss.com/lawyer-who-represents-victims-of-alleged-spanish-crypto-ponzi-says-it-could-be-the-biggest-one-in-the-country/

Why FOSS Development Is Crucial for Bitcoin’s Mainstream Acceptance

Crypto likes to see itself as disruptive, just as Apple disrupted mobile phones (and the camera), Tesla disrupted automotive (and also sustainable energy), Twitter/Facebook/WhatsApp disrupted media and communications (and also digital community building). At OKCoin, we embrace this industry because we also believe that bitcoin and subsequent cryptocurrencies represent a paradigm shift in both our financial system and social fabric. While it’s unclear what this shift will look like, or if it will ever be static, there will always be a need for a technical and financial infrastructure that allows people to easily and safely buy, sell and keep their bitcoin and digital assets in an open, inclusive and free global market. It is this belief that led to the creation of OKCoin in 2013 and has kept us in it for the long haul...


For More Details

https://ecoindiscuss.com/why-foss-development-is-crucial-for-bitcoins-mainstream-acceptance/

Bitcoin Analyst Explains Why Price Will Hit $23,000 in 2020



Bitcoin bulls should prepare for a price rally towards $23,000, according to an independent analyst.

The pseudonymous Twitterati fleshed out the bullish outcome after spotting BTC/USD in an accumulation-friendly pattern. Titled “Ascending Triangle,” the structure forms when the price forms two or higher lows under a roof-like horizontal resistance level.


For More Details
https://ecoindiscuss.com/bitcoin-analyst-explains-why-price-will-hit-23000-in-2020/

The Ongoing Crisis Is Stirring a Crypto Awakening in Developing Nations


Regular readers of this column will know about the recent surge in African peer-to-peer bitcoin transactions, now at more than $12 million a week, according to Useful Tulips.

I think this, and similar patterns across other emerging market regions during the COVID-19 pandemic, reflect the most important cryptocurrency trend of the moment. We are a long way from mass adoption, but the circumstances driving this nascent demand in the developing world, not only for bitcoin but also for stablecoins and other cryptocurrencies, bring the human benefits of this new form of money into stark relief...

For More Details

https://ecoindiscuss.com/the-ongoing-crisis-is-stirring-a-crypto-awakening-in-developing-nations/

This Key Sign Shows Bitcoin Bulls Are Accumulating: Important Levels to Watch


Bitcoin Eyes Upside Break

Despite all hurdles, bitcoin bullish were able to push the price above the $8,000 level against the US Dollar. BTC price even settled above the 100 hourly simple moving average, but it is struggling to clear the $8,200 resistance.

Looking at the chart below, the price climbed nicely from the $7,668 swing low. It broke the $8,100 resistance and the 100 hourly simple moving average. A high was formed near $8,319 before the price started consolidating in a range...

For MORE Details

https://ecoindiscuss.com/this-key-sign-shows-bitcoin-bulls-are-accumulating-important-levels-to-watch/