Bitcoin social volume just moved to a HUGE yearly high of 358,453 social posts today. To compare, the entire market had 434,483 posts on across ALL coins.

https://lunarcrush.com/coins/btc/bitcoin?interval=1%20Year https://preview.redd.it/8t1yvcrnzwn41.png?width=2400&format=png&auto=webp&s=fdbaff26c2d1dd4b18561adefdb188f7a7b2575f submitted by /u/lunarcrush [link] [comments]

Just your normal, healthy $1275 swing in BTCUSD

submitted by /u/power_v [link] [comments]

Unprecedented growth... this is blockchain.poker right now. Most casinos are closed due to COVID-19

submitted by /u/BeijingBitcoins [link] [comments]

source https://www.reddit.com/r/btc/comments/fm8e7h/unprecedented_growth_this_is_blockchainpoker/

Energy Value of Bitcoin.

Some have been unsuccessful in determining if Bitcoin's price trails or leads hash power.
I actually cant believe its even being debated. Obviously there are outlying events or catalysts that will ALWAYS break a model, such as now, a market recession where many move to liquidate risky assets. E.g. Bitcoin.

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Attached is the best current price discovery model for bitcoin. https://medium.com/capriole/bitcoin-value-energy-equivalence-6d00d1baa34a .

submitted by /u/Hotchow375
[link] [comments]

source https://www.reddit.com/r/btc/comments/fm8sm2/energy_value_of_bitcoin/

Daily update. Transaction sheet

submitted by /u/ccjemu [link] [comments]

source https://www.reddit.com/r/btc/comments/fm8fix/daily_update_transaction_sheet/

Bitcoin Hash Rate Drops 40% from ATH as Miners in Loss

submitted by /u/Lass3BTC [link] [comments]

Stock Buybacks implications for bitcoin

Lots of talk that government will restrict stock buybacks in the Coronavirus bailout bills. Just to briefly review, companies use their profits to buy back their own stock to reduce the number of shares outstanding. This results in their earnings going up without actually growing their profits. I call this the scam of the stock market.

This practice has greatly contributed to a rising stock market. Imagine this practice ending! The result would be a stock market that doesn’t rise as it has in the past. Companies who could actually grow their earnings would do fine but this is not most companies. This would further result in the stock market not making new highs for decades. Think Japan millennials! And forget a quick stock market bounce back.

Bitcoin’s big drop recently was because big players wanted to raise cash quickly. Bitcoin helped with this because it trades 24/7. Not closed on weekends. No emergency trading halts.

All the talk about bitcoin not being a safe haven is nonsense. In fact, bitcoin has risen 70% from its recent low. I think this will continue and bitcoin should pass its all time high probably this year. That’s not the case with the stock market. Consider the case of bitcoin hitting an all-time high and the stock market still way down. How do we say FOMO?

Even the Fed with their trillion dollar injections is not going to be able to save the stock market. Negative interest rates are just around the corner. This is another great thing for bitcoin.

All of these issues will help bitcoin as the only pure currency.

submitted by /u/foomev2
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