Not that price is the only consideration, but with the latest moves by the Federal Reserve, it feels like McAfee’s $1 million price prediction by 12/31/2020 isn’t completely out of the question.

Just a question of how much new money finds its way into the Bitcoin market.... but that’s more a question of time than anything.

submitted by /u/the420chronicler
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Discussion: Give me your best theory -- currency, stocks, bitcoin -- which will retain the most value over the next 12 months?

Let's have a discussion. I'm worried that government's printing of helicopter money is going to devalue my savings. But I'm also worried that my ETF Index Funds portfolio will lose a lot of money once the COVID-19 death numbers climb toward 1 million within 2-3 months.

So should I take my current cash savings and buy ETF Index Funds at today's market price, to avoid currency devaluation from all the fiat printing that is happening right now?

Should I sell my ETF Index Funds at today's market rate, and hold in currency to avoid the upcoming market losses as a result of further quarantine business losses and real-estate market collapse?

Or should I buckle-down and move everything to Bitcoin, or a combination of ETF Index Funds and Bitcoin, knowing that Bitcoin is the only stable/known throughout this turmoil?

Give me your best line-of-thought on my predicament!

submitted by /u/BuildItMakeIt
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Bitcoin platform development continues to grow and diversify.

submitted by /u/himadri-saha [link] [comments]

What price of bitcoin is needed to maintain the network safety.

Hi, I am a newbie with very basic understanding of Bitcoin. What I understand roughly:

Bitcoin transaction are secured by blocks. Blocks need to be mined with much compute. If there are too few different miners the security of the network goes down. Miners are rewarded with Bitcoin. To limit the amount of Bitcoin the Bitcoin reward for mining is halved every so and so often.

My question: What I understand it is possible for Bitcoin to increase in value significantly. At the same time Bitcoin is only safe while we have enough miners. With the continued halving of the rewards could the decline in miners compromise the safety of Bitcoin? Has anyone ever done the math with mining capacity of GPU ect. and can tell what minimal USD value Bitcoin needs to hold in the long run (after many halvings) to keep the network safe by financing the mining effort?

submitted by /u/some_dadaism
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400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020

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

source https://www.reddit.com/r/btc/comments/fqwl66/400_kraken_survey_respondents_predict_bitcoin/

Is anyone else notice the read.cash editor is down?

I just went to read.cash to publish another article on read.cash, and noticed the editor was down. It wouldn't let me input text. Anyone else running into the same issue?

submitted by /u/AlternativeWinter
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source https://www.reddit.com/r/btc/comments/fqvz45/is_anyone_else_notice_the_readcash_editor_is_down/

BCH mining with Antminer S9

Hey guys,

I can get a used Bitmain Antminer S9 for 80€ from a friend of mine. It got 14TH/s.

Is it worth it to mine BCH with it? Or is it too old?

submitted by /u/adolfqt
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source https://www.reddit.com/r/btc/comments/fqvvbh/bch_mining_with_antminer_s9/