So much has happened this week! We saw a capitulation point of bitcoin before bears took over and we saw the selling pressure push Bitcoin down toward the $9000USD mark then move back up above $9100USD So far it has been a stable hold, however we may see some more action within the coming weeks.submitted by IOTAbesomewhere to Gravychain [link] [comments]
Widespread scamming within the Twitter-sphere, Youtube and other platforms as Bitcoin and other cryptocurrencies may seem like fair game. Cryptocurrencies providing big payouts for scammers without the ability for reversals of accounts. Remember if something seems too good to be true, do some research or just plain do not respond/believe it. Stay safe and careful with your funds!
On the brightside, there has been even more adoption of cryptocurrencies as rumours of Paypal utilising cryptocurrency has been confirmed as they are developing crypto capabilities. In addition to this we received exciting news at the start of this week about Binance partnering with Swipe (SXP) and offering a debit card to spend BNB, SXP, BTC and BUSD. ( I will be keeping a swift eye on BNB and Swipe as its utilisation as tokens has just increased 43 fold).
Positive news for the Bitcoin network as its hashrate reaches all time high which helps to secure the network further even though mining profits have dropped by 50% from the recent halving. If you didn't know already the last Bitcoin will be expected to be mined in 2140 with its difficulty ever increasing and each time securing the network further. Processing units will have to become faster, stronger and most importantly more cost effective to continue to entice miners for the block rewards and further renewable energy practices.
Furthermore we can see Central banks and countries discussing and developing Central Bank Digital Currencies (CBDC). Read more about it here https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp and check out some of the developments in the world above. This shows the popularity and strong nature of cryptocurrencies. As the saying goes "If you cant beat them, JOIN them".
Overall, very solid week full of adoption, animation and anticipation. Another post next week for a weekly round up! See you then but in the mean time join us at our Gravychain Discord.
- DISCORD LINK: https://discord.gg/zxXXyuJ 🍕 Bring some virtual pizza to share 🍕
Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments!
Big thanks to our Telegram and My Crypto HQ for the constant news updates! - The Gravychain Collective: https://t.me/gravychain - My Crypto HQ: https://t.me/My_Crypto_HQ
Bitcoin Pizza: World’s Most Expensive Pizza Ever. In 2010, when the price of a Bitcoin was only a fraction of the cent and at time when there was no consideration of Bitcoin as a significant payment method, this story set an astounding example to help recognize the significance Bitcoin has created. It all started when Laszlo Hanic, a Florida programmer was ready to pay 10,000 Bitcoins for a ... The World’s Most Expensive Pizza. The two pizzas were purchased for 10,000 BTC in 2010, an amount of bitcoin then worth approximately $25 dollars is now worth a mouth-watering $75 million. The pizzas were ordered by Laszlo Hanyecz who paid a fellow Bitcointalk forum user to get them. The event is widely seen as the first occasion that Bitcoin ... The Most Expensive Pizza in the World May 22, 2020 - Posted by Aimann Faiz on Coverage. Tweet. Tweet . Celebrating the 10th year anniversary of the first Bitcoin transaction. May 22 marks the anniversary of the first-ever IRL purchase made with Bitcoin. Back in 2010, Laszlo Hanyecz made history when he bought two Papa John’s pizza (worth USD 25) for 10,000 BTC. At the time, the world’s ... Most expensive pizzas. On the 22nd of May 2010, Hungarian programmer Laszlo Hanyecz made the first purchase with Bitcoin. He bought two Papa John’s pizzas and paid exactly 10,000 BTC for them ... He set a Bitcoin floor price of $20/10,000(bitcoin) by posting an open request for pizza in exchange for Bitcoin. level 1 Gold QC: BTC 239, CC 33 BCH critic r/pcgaming 18 “What is the world’s most expensive pizza?” was published on April 22, 2011. After detailing a $3,200 pizza covered in edible gold and lobster created for a charitable auction, it pointed out that Laszlo’s pizza purchase made less than a year earlier was now worth almost $20,000. By the time the one-year anniversary of Laszlo’s purchase rolled around, four weeks later, the price had ... The post Bitcoin Pizza Day: Celebrating the world’s most expensive fast food order appeared first on Coin Rivet. Wednesday marked the nine-year anniversary of the first Bitcoin transaction. Today, Bitcoiners all over the world celebrate Bitcoin Pizza Day, a tradition that dates back to May 22, 2010, when one man made history by making the first “real world” purchase with bitcoin. Bitcoin Pizza Day: 10 years ago the most expensive pizza in BTC’s history By Alfredo de Candia - 22 May 2020 On this day, May 22nd, the famous Bitcoin Pizza Day is celebrated, commemorating the purchase of two pizzas for 10 thousand Bitcoin (BTC) . On May 22, 2010, now known as Bitcoin Pizza Day, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas. Organized on bitcointalk forum, the Florida man reached out for ...
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05/23/17 It's been 7-years since Bitcoin Pizza Day & prices are surging above $2,000. In the 7-years since Bitcoin was first exchanged for $30 in pizza (PZZA), the current value of the same amount ... A friend of mine created the Bitcoin Pizza when Bitcoin was about $2,000. Now...its way more, but its still a bitcoin if you want one! Thanks to PIE for making this happen. Oh you also get ... #BINANCE #BITCOIN #ETHEREUM A Competition for all Binancians & Fans with Bitcoin and Ethereum Airdrop! To participate, and read the competition rules please ... I don't personally recommend buying TRX using BTC mainly for the fact that bitcoin is a little more expensive than ETH to use, but if you own BTC then this tutorial is going to instruct you ... First bitcoin transaction. Join facebook page: https://www.facebook.com /mostexpensiveintheworld SUBSCRIBE: https://www.youtube.com/user/themostexpensive22 m... The next video is starting stop. Loading... Watch Queue #BINANCE #BITCOIN #BTC Binance СЕО : In this AMA, We are discussing BTC price and talking about Bitcoin price prediction. Also, we prepared an airdrop of 500... Rasta Professor Talks Reparations, the Bl*ck Man's Bible, POT, Socialism, and More! (#156) - Duration: 54:17. The Fallen State Recommended for you Forget Lambos. The first car ever purchased with Bitcoin was a Toyota Prius. Owner Michael Tozoni takes us for a drive and tells CoinDesk what he loves – and regrets – about his purchase.