What IF Billionaires Discovered Bitcoin?

I put together this original blog post on Steemit.com a couple hours ago; and, in it I extrapolate some figures to produce a possible bitcoin price of over 40,000 USD's for one Bitcoin - if and when, Billionaires begin to hedge with the digital currency.

Read the basic math at the link - https://steemit.com/bitcoin/@m4ever/if-the-1-810-world-billionaires-put-just-10-of-their-wealth-in-bitcoin-bitcoin-price-usd40-625-dollars and if you are not yet a part of the Steemit movement...well...consider it.
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Links

Are people in Venezuela using Bitcoin while their fiat collapses? Yes. More upward pressure in price one would assume.

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Latest Ethereum price trends.

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One of the greatly increasing trends is using Bitcoin to pay freelancers and such...expect it to continue to grow. In this story it shows quantitatively this info via the history of the term search for `earn bitcoin'.

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Hey, thanks for your readership. Go sign up at Steemit too.

And enjoy the archive below.

Bitcoin Tweets Dominated By California

Crypto And Blockchain Links/News

An analysis of tweets from 2014 revealed that the term Bitcoin was centered in California and a few other locations.... of interest in the article was that NY state didn't have that orientation but sure did for the word BANK....good read. Speaking of banks...the FED just raised rates for only the second time in a decade...good news, or, time to put your money into Bitcoin? 

And, IF you still don't own any Bitcoin ...use my link and when you buy your first 100.00 USD worth of BTC from Coinbase - they will give you 10.00 worth of BTC FREE (Barfstew gets FREE BTC too) - don't be the last to own Bitcoin.

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IF you have been reading Barfstew over the last month or two..you realized by now that things are rapidly changing ... from changes in law in Japan and Russia about BTC to the near fall of fiat, resulting in a rising barter economy, in some major countries India (to combat fraud) - so, with BTC once again in higher demand worldwide... and being seen as more and more a store of value as it approaches 800 dollars per coin... here's some stories of folks that simply Already wish they had bought more when it was cheaper.... that said, at least they have some of the 16 million available coins. Indeed...this analysis suggests that Bitcoin Is Headed To 1000 Plus in value.

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While most folks are aware that buying and selling BTC can involve the IRS if you turn all that into cash - and that profits are taxable.... (assuming you cash out) - it's still somewhat of a relief that someone is saying the recent IRS grab to get to the records of over One Million Coinbase Clients may be stopped because of government overreach. We'll see.

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You say you want to know the latest news about Ethereum? Might the 7.82 price be the get in moment? Or, is the price headed downward for at least the short term?

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Meanwhile... at BitPay they indicated that in year to year comparisons that commerce in BTC was up...over 1,800%. That is not a misprint. And imagine what may happen if Bitcoin addresses some of it's limitations with SegWit - currently sitting at about 25% adoption by the miners of BTC.

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There are over 1000 posts in the archive - hours of entertainment. Some of those posts are featured below too.

India Moving To Biometric Scans On Every Person For Banking

Whether it is big brother or 1984 - India seems bent on skipping the debit card part of world society and leaping ahead...furthering the move to a cashless society via bioscans. And more and more in India are viewing Bitcoin As Wealth Protection. On a similar front... should Governments and Bitcoin, Finally Bury The Hatchet?

Do you want 10 bucks of FREE BITCOIN?

Do You Own Some Bitcoin Yet?

10 Dollars For You - 10 Dollars For Barfstew - IF You Use This Link To Sign Up At Coinbase And Buy Your First 100 Dollars Worth Of Bitcoin

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With cyber attacks in the headlines continuously, such as the latest hack at Ethereum And Augur (which was dumped on exchanges) - often for the ransom of Bitcoin - it's of interest that the same blockchain technology could be used to Prevent Cyber Attacks. Or secure voting systems...or even Vehicle Registrations. You get the gist...the blockchain isn't going away.

Could it be used to stop illegal laundered money?

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By the way...before you begin trading on the Crypto Exchanges - be aware that analysis this sophisticated is out there along with manipulative bots and developers who want an active coin.

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Thanks for your eyeballs today.

Just keep reading down the page for more and more - hours worth - over 1000 posts.

Bitcoin 2000.00 USD In 2017?

Every once in awhile we are lucky enough for a mainstream source to cover Bitcoin.... and VERY lucky to have CNBC say that Trump's spending ...plus actual inflation to the US Dollar...could spike BTC to prices yet unseen. Do you own Bitcoin yet?

Coinbase Is Still Giving New Users 10 Dollars FREE Bitcoin If They Sign Up With Any Affiliate Link - Like This One - So Click Here And Buy 100 USD of Bitcoin And Get 110 USD Worth Of Bitcoin (We Get Free BTC Too)

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IF you are a crypto trader - I'm sure that old standard Stellar and it's rise of 70% at one point this week caught your eye...read the reason why...REAL BUSINESS...is STR the first coin to actually go global for international payments?

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Oh...did you know that for 50 Ethereum....You Can Have Your TV Mine Crypto? - about 400.00 in today's market.

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Sometimes...ICO's or initial coin offerings... offer..a chance to get in on the ground floor of the future... this week Two ICO's started up on Ethereum - both have some merit IMO. BTW - here's an update on the technical stuff about Ethereum.

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Here's a new twist on hacking for Bitcoin ransom... targeting the actual high end customers of banks - (I also didn't know of a separate bank attack that literally took funds out of 1,000's of accounts at one bank. Or this one that took millions out of another Russian Bank.)
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The Archive Could Keep You Busy The Next Hour

As Countries Turn Against Fiat - Bitcoin Volume Slows Blockchain

Is the bad Fiat news the good news for Bitcoin..or is Bitcoin's slow transactions due to pickup... bad news - When Average Confirmation Times Hit Two Hours? -- on the country front... Spain Is Rumored to be ready to impose some fiat control like other countries....read deeper on the blog for more links in this regard.... Before you think that the blockchain will never compare to the speed of wire transfers.... It's already here.
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Crypto Links

We've been detailing the many reasons that Bitcoin seems to have an overall upward price pressure.... As 774 USD suggests .. IMO...if China restricts the outflow of BTC from it's shores or into non China exchanges...what BTC that is not in China would have even more upward pressure. Significant arbitrage exists already for those prepared to joust with exchanges and such.

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This man senses that India may be only 8 to 10 years from Bitcoin adoption. 

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Community News From LISK - as more and more development teams begin to understand the marketing side of Crypto.

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So... Russia's tax authorities now recognize Bitcoin as a monetary transaction. Threats against individuals and banks have been dropped. Yet another potential BOOM to bring folks in from the sidelines. And Norway's Largest Bank just made buying and using BTC easier for their customers.

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Have you been wondering how much some of the Bitcoin mining machines cost?... And what the Pros And Cons of Bitcoin Mining Might Be? - about a 4 minute read with links.

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So...you've heard about the money some folks have made on ICO's over the past couple of years... here's a review of what to look for in Initial Coin Offerings.

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And for today's final read.... how about those free Subway Rides courtesy of hackers... demanding BTC.

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Click Here to gamble on the internet ... and Click Here for the best place to buy Bitcoin And Ethereum (at Coinbase)

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The Archive Could Keep You Busy For The Next Hour