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Bitcoin is feeling the pull of gravity at press time, despite having confirmed its longest daily winning streak since September on Sunday.

The top cryptocurrency by market value dropped from $10,197 to $9,732 during the Asian trading hours and is currently trading at $9,850, according to CoinDesk's Bitcoin Price Index.

Thesharp pullback has blanketed Sunday's ascent from $9,900 to $10,180 and is suggestingbullish exhaustion.

Bitcoinclosed out (UTC) Sunday with a 2.75 percent gain, having risen by 5, 1.4, 0.5 and1 percent on Wednesday, Thursday, Friday and Saturday, respectively.

That is the longest daily winning streak in five months, as seen below.

Bitcoin produced five straight green candles (days with net gains) from Aug. 30 to Sept. 3, marking a convincing move higher from $9,350 to $10,783. The rally, however, ended up recharging bears' engines for a deeper slide.

The latest winning streak is preceded by a sharp rise from lows near $6,850 observed in early January. Such solid rallies are often followed by corrections.

Bitcoin could soon test dip demand by revisiting deeper support levels.

Daily chart

Bitcoin ended Sunday with a green "marubozu" candle, which comprises a strong body and small or no wicks. It indicates buyers were in control from the open to the close, and is reflective of strong bullish sentiment.

So far, however, the followthrough has been negative. In fact, today's red candle has already engulfed Sunday's bullish marubozu.

A failed bullish marubozu at multi-month highs, or after notable price rallies, often precedes a deeper pullback.

So, a slide to the former resistance-turned-support at $9,586 (Nov. 4 high) cannot be ruled out. A violation there would expose the Jan. 19 high of $9,188 and the Feb. 4 low of $9,075. The short-term outlook would turn bearish if prices find acceptance below $9,075, invalidating the higher-lows setup.

If the support at $9,586 holds ground, the bulls will likely once more target the Oct. 26 high of $10,350.

Hourly chart

Bitcoin has lost its upward trajectory, as indicated by the downside break of the ascending trendline.

Theongoing drop looks to have legs as it is backed by an uptick in selling volume,as represented by red bars.

The case for a deeper pullback to $9,586 would be invalidated if prices rise above $10,010 with strong volumes, invalidating the lower-highs setup on the hourly chart.

Disclosure:The author holds no cryptocurrency at the time of writing

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Bitcoin Takes a Dive After the Longest Daily Winning Run Since September - Coindesk

Bitcoin (BTC) has been experiencing some intense turbulence over the past several days and weeks, with the cryptocurrencys recent rally to highs of $10,200 leading to an intense overnight rejection that subsequently sent the crypto reeling back into the $9,000 region.

This turbulence has muddied the clarity that many analysts had regarding the strength of the cryptocurrencys recent uptrend, leading some to flip bearish.

However, this may be unwarranted, as one prominent analyst is noting that Bitcoin still has a far way to drop before it invalidates its recent uptrend, and that pullbacks like this one are natural and healthy when an asset is caught within a firm uptrend.

Despite this, the same analyst also notes that if BTC breaks below one critical support level, this drop could turn into one that is far more intense and far reaching.

At the time of writing, Bitcoin is trading down just under 3% at its current price of $9,830, which marks a notable decline from daily highs of $10,200, and only a slight recovery from its daily lows of $9,750.

In the near-term, it does appear that $9,800 is a slight region of support for the cryptocurrency, although it remains unclear as to just how long bulls will be able to defend this level.

It is important to note that despite the apparent bearishness of this latest movement, the cryptocurrencys recent uptrend has been somewhat parabolic, with a correction like this one marking a healthy market cycle.

Teddy, a prominent crypto analyst on Twitter, spoke about this in a recent tweet, explaining that corrections like the one seen today are inevitable.

BTC Recent price action is borderline parabolic, within a tightening rising channel. A correction is inevitable and can be very healthy for its bullish continuation dont think for a second that its going straight up to 100k, he explained.

Teddy further goes on to explain that the ongoing selloff could extend significantly further before Bitcoin enters firm bear territory, as he notes that the key level bulls must defend exists at $9,150.

BTC Technically the structures bias is bullish as long as price doesnt lose 9150 why? Price has a decent margin to retrace and mark another higher high, and thus continue its growth. Closing below it would mean marking its first lower low = bearish, he explained.

How the markets respond to last nights selloff should offer some better insights into what this movement means for the long-term, but it does appear that bulls will likely continue to control the crypto in the near-term.

Original post:
Bitcoins Selloff Could Turn into a Bloodbath if it Breaks This Key Level - newsBTC

The U.S. has said it will do whatever it takes to keep up with China on technologyand with China poised to unveil its digital yuan project, the U.S. could benefit from a similar answer to bitcoin.

Last week, it was reported by newswire Reuters the Trump administration will today announce a huge bump in spending for artificial intelligence (AI) and quantum research, amongst other technologies in order to keep pace with China.

U.S. president Donald Trump has made rivalry with China one of the key touchstones of his first term ... [+] and with China's focus on cryptocurrency and blockchain, it's possible the U.S. will pursue similar technologies.

White House adviser and U.S. chief technology officer Michael Kratsios told Reuters the budget will "ensure America continues to lead the world in critical technologies like AI and quantum. America's economic strength and national security depend on it."

The budget is expected to earmark nearly $2 billion for AI research by 2022, up from $973 million today, as well as $860 million in "quantum information sciences" spending within the next two years, double quantum spending in 2020.

The budget is also thought to include cash for the National Science Foundation, "for AI-related grants and interdisciplinary research institutes, rising to more than $850 million."

In China, the country's central bank is working on a digital version of the yuan, and, though there is no fixed date for its launch, some have suggested it could be imminent. A digital yuan could help Chinas currency internationalize and challenge the dominance of the U.S. dollar.

The Peoples Bank of China has confirmed the digital yuan won't be "for speculation or require the support of a basket of currencies"leaving many disappointed and others concerned.

Meanwhile, Federal Reserve chairman Jerome Powell has said he's looking into the possibilities of a central bank digital currency, writing in a letter to lawmakers in November that the Fed is analyzing "the costs and benefits of pursuing such an initiative."

And calls for the U.S. to begin development of a so-called digital dollar have been growing louder over recent months.

Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission, recently set up the Digital Dollar Foundation to work on the design and potential framework of a digital dollar.

Last year, in the wake of social media giant Facebook's revelation it will launch its own digital currency this year, Trump attacked bitcoin, branding it and other cryptocurrencies "unregulated crypto assets" that can "facilitate unlawful behavior, including drug trade and other illegal activity."

The bitcoin price,which has failed to return to its all-time highs set in late 2017 despite a rally pushing it over $10,000 this weekend, was given a substantial boost in the first half of last year by Facebook's plans for a bitcoin-like rival.

The bitcoin price was boosted by news Facebook and other technology giants around the world were ... [+] eyeing bitcoin and similar blockchain-powered tech.

It's not clear whether a U.S. answer to bitcoin would use the blockchain technology that underpins bitcoin, however, China's premier Xi Jinping sent shockwaves through the bitcoin and blockchain industry last year when he said his country will be prioritizing blockchain development.

"Blockchain is the technology of the future," said Simon Peters, analyst at brokerage eToro.

"One question that needs to be posed is whether we have the capabilities and skills to cope with the inevitable increase in demand of highly technical roles," Peters said, adding, "blockchain engineer jobs were the most popular vacancies on LinkedIn over the past week, more so than roles in artificial intelligence and cybersecurity."

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Why Trump Should Unveil A U.S. Answer To Bitcoin To Rival Chinas Digital Yuan - Forbes

A crypto whale who made $20 million in realized profit from December to January on the crypto exchange Bitfinex says phantom money may be behind Bitcoins recent rally to $10,000.

The influential trader known as Joe007 says trading tactics such as spoofing which is an attempt to create a false sense of demand by placing large buy or sell orders without the intention of filling them appear to be the principal force driving price action in 2020.

You can push the price only so long with fantom money. At some point, people would want to cash out their mad gainz only to find no one on the other side of the market. That would be the show.

Joe says hes concerned about a lack of fiat inflows in the crypto markets.

Hes watching the market cap of the stablecoin Tether (USDT), which is used by traders to exit crypto positions and sidestep volatility. In theory, a growing Tether market cap may signal an influx of cash entering the market.

Tether Limited, the company behind Tether, has historically minted new USDT during times of intense Bitcoin bull runs. Although it has faced repeated accusations of market manipulation, the company claims it creates the new tokens simply to fill demand.

Today, Tether Limited minted 25 million USDT, but it appears to be part of a pre-arranged token swap and will not actually boost the overall supply of Tether.

Despite the spoofing theory and Tether supply, Joe007 seems unlikely to exit the crypto market anytime soon.

He says he remains fascinated by the technology behind BTC and its potential to have a transformative effect on the world.

Bitcoin is this fascinating, one-of-a-kind cant-copy-that thing that welds together some pretty far-off fields of human knowledge to produce entirely new socio-cultural-economic phenomenon. Sounds banal to say that the price is its least interesting aspect but its still true.

Featured Image: Shutterstock/bekirevren

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Bitcoin Whale Puts Crypto Traders on Alert, Warns Phantom Money Pushing Price of BTC - The Daily Hodl

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange and Bitcoin platform Bakkt, says it plans to disrupt the digital assets industry by bringing BTC and crypto payments to the mainstream.

ICE says its set to acquire Bridge2 Solutions, a platform that drives loyalty and engagement between brands and consumers. Bakkt will utilize Bridge2 to accelerate the development of a consumer payments app that converts and processes crypto payments around the world.

So far, Bakkt has focused on building trust and stability in the cryptocurrency trading market by launching its Bitcoin and futures contracts for institutional investors. Now, the company says its partnership with Bridge2 Solutions will allow it to transform the $1.2 trillion digital asset industry as Bridge2 Solutions powers loyalty programs for seven out of the top 10 financial institutions and over 4,500 loyalty, incentive and employee perk programs for businesses across a wide array of industries.

Bakkt plans to wrap loyalty points, cryptocurrencies, gift cards, in-game digital assets and other forms of virtual rewards into one seamless user interface. According to Bakkt chief executive Mike Blandina,

With the launch of the Bakkt app, we will, for the first time, offer consumers a robust platform to consolidate and use all of their digital assets, from crypto to loyalty points to in-game tokens, in one user-friendly wallet.

Combining Bridge2 Solutions embedded relationships with banks and merchants and their innovative Loyalty Pay solution will enable us to launch new products that further drive loyalty and empower consumers to trade, transfer, and spend digital assets in entirely new ways.

So far, Bakkt has not released an official launch date for its app. A product road map is expected to be released sometime this year.

Here is the original post:
Bitcoin (BTC) Platform Bakkt Reveals Plan to Disrupt $1,200,000,000,000 Digital Asset Industry With New Payments App - The Daily Hodl

Even though the valuation of all the cryptocurrencies combined fell by circa $8 billion on Monday, Binance Coin (BNB) emerged as a winner.

As of 1332 UTC, the ninth-largest crypto was trading at $24.81, up 1.68 percent into the day. It nevertheless did better against bitcoin, rising 5.17 percent to 0.0025 BTC as the latter corrected to lower $9,800s a day after breaking above $10,000. Elsewhere in the market, other altcoins barring Trons TRX noted a similar price drop.

Binance Coin surged impressively against Bitcoin on an otherwise bearish day | Source: TradingView.com, Binance

BNBs move uphill in both the dollar- and bitcoin-denominated markets added more than $200 million to its market cap. Meanwhile, it also brought BNBs year to date gains up by 34.13 percent, signaling an overall optimistic buying trend in the market.

BNBs jump occurred despite a wider intraday bearish sentiment in the cryptocurrency market. So it appears, the move closely followed the launch of BNB-linked futures contracts on Binance Futures on February 10. The digital asset derivatives platform had announced the launch late last week.

Weve introduced 16 altcoins to our platform as of today and have seen excellent growth in our altcoin trading volume, with some pairs quickly taking the number one spot in the futures market, said Aaron Gong, Director of Binance Futures, adding:

The BNB contract has been a highly-demanded product and will continue to grow the industry impact of Binance Futures trading platform.

The service went live at 0800 UTC, leading speculators to believe that it would somewhat help increase the prices of BNB in the spot markets. That partly explains why the coin surged impressively even though its correlated rivals, including Bitcoin, fell.

Meanwhile, traders also assessed the possibility of Binance foraying into the cloud computing industry. Binance CEO Changpeng Zhao announced on February 7 that they would launch a new service, titled Binance Cloud. But the entrepreneur avoided giving any further details, only stating that he wishes to see the platform as more of an infrastructure provider.

People hold BNB because its scarce by Binances business model. The digital asset exchange periodically burns part of their profits (in BNB). At the same time, Binance ensures that BNBs demand always goes up by letting traders use it as a reward/monetary token on its platform.

Binance Cloud, albeit with its unclear business model, tends to conduct finances via BNB, thereby raising the use-case against a dwindling supply rate.

That leaves Binance Coin is a very bullish state for the year 2020.

Continued here:
Binance Coin Rises on the Day Bitcoin Fails to Sustain above $10K - newsBTC

For crypto owners looking to estimate how much they owe in taxes, there are some platforms with a free crypto tax calculator. They integrate with major crypto exchanges and wallets, allowing you to import your crypto transaction data and start calculating your taxes for free. Some of them also integrate with leading tax filing software such as Turbotax.

Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin

As cryptocurrencies become more popular and their adoption rises, governments worldwide are ramping up their efforts to tax them. In the U.S., the Internal Revenue Service (IRS) has named cryptocurrency a top priority this year. Not only has the agency sent out over 10,000 letters to remind crypto owners they must pay taxes, but its main tax form used by over 150 million U.S. filers now includes a cryptocurrency question.

For crypto owners who want to calculate how much they owe in taxes, there are many tax preparation platforms with a crypto tax calculator to help them minimize their tax liabilities and claim all the deductions possible. Most online crypto tax calculators require you to import your transaction data from exchanges or wallets in order to calculate your tax obligations. They will also generate various reports to help you with tax reporting and filing. Some have even partnered with leading tax filing services such as Turbotax. Below are some popular platforms with a cryptocurrency tax calculator. For more options, see our post on 10 useful tax tools for crypto owners.

Crypto Trader Tax by Coin Ledger is a tax reporting platform with a built-in crypto tax calculator. It integrates with all major crypto exchanges, including Coinbase, Coinbase Pro, Bittrex, Bitstamp, Gemini, Poloniex, Binance, Kucoin, Kraken, Bitfinex, Huobi, Hitbtc, and Cash App. You can also import data from unsupported exchanges manually. Once you have imported your data, Crypto Trader Tax will calculate your tax obligations and generate tax reports.

The platforms crypto tax calculator is free to use. You only have to pay when you want to view and download your full report, its website details. The reports generated include an audit trail report, the IRS Form 8949, a short and long term gains report, and a crypto income report. The platform also offers international support. Your capital gains and losses can be calculated in every fiat currency and your tax reports used in any country that supports FIFO, LIFO, or specific identification methods.

Four pricing levels are available on Crypto Tax Trader: $49, $99, $199, and $299. The cheapest plan allows you to import up to 100 trades. All levels have Turbotax and Taxact integration to help you file your tax returns.

Koinly is also a popular platform with a crypto tax calculator, available in over 20 countries. Similar Crypto Trader Tax, to use Koinlys tax calculator, you need to import your data from crypto exchanges, wallets or public addresses. You can then review your transactions and generate your tax reports, which include capital gains, income and gifts, margin trades, options and futures trades, and audit logs. You can then export your transactions to tax filing platforms such as Turbotax, Taxact, and Xero.

It is also free to start using Koinlys crypto tax calculator. Start for free, pay only when you are ready to generate your reports, its website states. To generate tax reports for filing, Koinly offers three plans costing $79, $179, and $399. The cheapest level allows 300 transactions.

Cointracker has been advertising its free crypto tax calculator since January. Cryptocurrency users with up to 200 transactions in a given tax year can use Cointracker to calculate cryptocurrency taxes free of charge, the company wrote. This enables the majority of cryptocurrency users to seamlessly become and stay tax compliant as they transact and use cryptocurrency, all at zero cost.

The free level comes with portfolio tracking, capital gains tax calculation, and error reconciliation. The platform also offers a more heavy-duty plan which costs $179, allows up to 3,000 transactions, and comes with several more options. There is also an unlimited level for which you need to contact the company for a quote.

Zenledger describes itself as much more than just a free crypto tax calculator. It claims to be The most comprehensive cryptocurrency tax software on the market. The service aggregates your many ledgers, marks the transactions to market, and allows you to categorize each transaction by use. It also integrates with major crypto exchanges and has partnered with Turbotax. Reports it generates include completed tax forms and audit reports.

Besides a free tax estimate, Zenledger offers a variety of pricing options, starting at $69, $149, and $399. The lowest level allows up to 1000 transactions and $15,000 in total asset value. Product consulting and customization service is available as an add-on at $100 per hour.

Tokentax is another cryptocurrency tax software and accounting platform with a built-in crypto tax calculator. Similar to other platforms featured above, Tokentax integrates with major crypto exchanges and allows you to manually import your trade history from other exchanges. Once your transaction data has been imported, the platform will calculate your tax obligation and generate your tax reports, including the IRS Form 8949, an audit trail report, a crypto mining and income tax report, and an international gain and loss report. Tokentax has also partnered with Turbotax.

In order to use Tokentaxs crypto tax calculator, however, you will need to pay for one of the three plans which cost $65, $199, and $799. The basic plan only allows up to 500 transactions from Coinbase, Coinbase Pro and Binance. Level 2 supports every exchange and allows you to import up to 5,000 transactions. All three levels have Turbotax integration.

The list above is not exhaustive as there are many more companies with a crypto tax calculator. News.bitcoin.com has previously provided a list of 10 useful tax tools to help crypto owners with tax filing. Regardless of which tax software you use, the IRS has recently provided some tips which cryptocurrency owners should know before filing their tax returns.

Do you have a favorite crypto tax calculator? Share your thoughts with us in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Images courtesy of Shutterstock.

Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. And if you need a bitcoin wallet to securely store your coins, you can download one from us here.

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

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Bitcoin Taxation Support Growing Industry Here are 5 Useful Cryptocurrency Tax Calculators - Bitcoin News

VALLETTA, Malta, Feb. 10, 2020 /PRNewswire/ -- Tandem, a global platform in peer-to-peer digital assets trading, is set to become one of the leading token event projects in the crypto space by announcing the launch of its native token TDM. It is the only P2P platform to ever conduct a Token Generation Event and generate a Native Token of their own - TDM.

TDMis essentially an ERC-20 token with a total supply of 10 billion tokens. When trading on the Tandem P2P mobile app one can use these tokens to discount the fees for each transaction. Therefore, for regular traders on Tandem securing more TDMs will help them use the same to pay their fees.

Tandem was also one of the first P2P platforms to launch a mobile application, which they recently did in over 50 countries with 25+ fiat options. The mobile application seeks to be the world's smartest P2P mobile application for crypto trading with an aim to digitize and mobilize assets. Tandem addresses the need to increase adoption and global reach of crypto, starting off with BTC, to launch a premium mobile application to suit the needs of beginners and active traders investing in the digital asset class.

One can earn TDM by participating in activities such as:

According to a whitepaper launched by Tandem, there are essentially two major concerns within the crypto industry- cumbersome user experience on exchanges and P2P platforms, and limited fiat gateways with over 90% of the global fiat moving in and out of crypto across USD, JPY, KRW. Some of the other hurdles include banking issues for local exchanges, no decent local interfaces and lack of awareness.

Tandem changes this dynamic by creating a simple interface that can be operated by anyone with a smartphone, with little to no tech savviness. Thereby breaking the barriers of trading and offering users almost 25+ global currencies to trade in BTC.

CEO of Tandem, Prashanth Swaminathan is delighted to announce, "We at Tandem, are excited to announce Tandem's native token- TDM and are confident that this will help make crypto trading easier. It is our endeavour to build a solution that brings together global communities and re-defines the way the world interacts with bitcoin. The mobile platform and the native token takes us a step further in making the processes simpler for everyone."

Tandem's Advisors Brock Pierce, Michael Terpin, Christopher Yoshida and Jaron Lukasiewics have been closely guiding the product with the CXO's at Tandem. Conclusively following best practices and conscious efforts which include mass adoption through seamless, accessible trading making them expand into the ecosystem prior to having TDM listed.

Follow Prashanth Swaminathan, CEO, Tandem as he explains more on TDM -

Download the beta mobile app from the links below to see for yourself!

Play Store: https://play.google.com/store/apps/details?id=com.tandem.io

App Store: https://apps.apple.com/in/app/tandem-p2p/id1487606356

About Tandem

Tandemis a global P2P platform that is on a mission to reshape finance by preparing digital assets to be transferred at the speed of the internet. Tandem is building a future towards "Smart Money" where the very essence of money will be digitized and can freely move across borders instantly, 24/7.

Visit http://www.jointandem.io for more information on Tandem and other related services.

View original content:http://www.prnewswire.com/news-releases/tandem---first-bitcoin-p2p-platform-to-launch-native-token---tdm-301001676.html

SOURCE Tandem

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Tandem - First Bitcoin P2P Platform to Launch Native Token - TDM - Yahoo Finance

Recently I have started a YouTube channel where I intend to release coding tutorials demonstrating how easy it is to start building on top of Bitcoin SV.

My first tutorial was about an unwriter tool named Datapay that allows us to broadcast Bitcoin SV transaction with as little as 4 lines of JavaScript code. JavaScript is code that runs on Internet browsers and given that we need internet connectivity to interact with Bitcoin SV, it is the natural choice of programming language to conduct the tutorials in. I have found that most of the application development tools released to date have been implemented in JavaScript.

My first tutorial was motivated by a claim I made back in May at CoinGeek Toronto while presenting on unwriters tools that Datapay was the best tool to begin with.

JavaScript is a very easy language to start with and appropriate for beginners. Additionally, being able to send Bitcoin SV to someone and write data to the ledger at the same time so easily greatly lowers the barrier to entry to application development. My intent in this first tutorial was demonstrate how easy it is to start, in hopes to motivate newbies to keep going.

My second tutorial was about Bitsocket 2.0, yet another unwriter tool that provides an endpoint to listen for certain transaction types. I built on top of the first tutorial by sending transactions in the same manner and showing how to catch and receive them with Bitsocket. I felt like this was a natural second tutorial since this tool allows for reading from the ledger, and Datapay writes to it.

In the first tutorial I only developed in the browser and HTML, but in the second I began to demonstrate Node.jswhich is simply server-side JavaScript. I do review some basic functions of it so that beginners learn how to use it. Node is very useful for Bitcoin SV development because we can have programs running server side that interact with the ledger, not just trigger transactions from client-side interaction in the browser. Additionally, we may want to store some data on the server, so node is more convenient for that purpose.

My third tutorial was on Proxypay, how we can process more complex transaction types without pigeon-holing our application into only accepting one type of payment. One valid criticism of some applications is that they require and only accept transactions paid via MoneyButton which I wrote about here.

I try to build on my first two tutorials and demonstrate how to use Proxypay in HTML on the client side and Node.js on the server side. I also feel that using this tool can improve an understanding on how Bitcoin works as it implements BIP 21 and private key management.

My fourth tutorial was released in celebration of the Return to Genesis that restored standard Bitcoin functionality that was present in version 0.1. This tutorial reviewed how to create nLockTime transactions, which are valid after only a certain point in time or block height. The video also reviews how to construct standard multi-signature transactions without the controversial Pay-to-script-hash functionality.

In these videos I cannot help but interject some of my opinions on how this functionality can be used and some of its history. This is notable in my video about multi-signature transactions, because the ecosystem will have to implement this functionality 11 years after it was available due to how it was handicapped. I hope this commentary can add some color to the nature of these tools and help the viewers understand the why behind them, not just the how.

Conclusion

My goal with this YouTube channel is to enable others to build by demonstrating how easy it is. Bitcoin SV needs transaction volume yesterday. The halving approaches and we must find ways to replace lost miner revenue with fees.

The most straight-forward way to achieve this is entrepreneurs coming in, taking advantage of the lower barrier to entry that Bitcoin SV offers and building businesses that people want to use.

I posted this tweet in December 2019:

I hope this motivates potential builders to start today.

Please let me know of any feedback on my channel and what content you would like to see going forward. Also if you have an interest, like, subscribe and share!

New to Bitcoin? Check out CoinGeeks Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoinas originally envisioned by Satoshi Nakamotoand blockchain.

To receive the latest CoinGeek.com news, special discounts on CoinGeek Conferences and other inside information direct to your inbox, pleasesign upfor our mailing list.

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Taking away excuses to build: Development tutorials on Bitcoin SV - CoinGeek