Criptor

Follow Nikolaus On X Here This is your captain speaking: Due to regulatory uncertainties regarding who will win the U.S. presidential election on Tuesday, Bitcoin’s price has fallen back to $70,000 under further notice — please HODL.Okay now past the cringe, Bitcoin’s price nearly hit an all time high of above $73,770 earlier this week, falling just $200 short around $73,500. As I noted last week, markets had been pricing in a Trump victory, which would see his positive policies around Bitcoin a...

Bitcoin Magazine

4 days ago

Follow Frank on X. Some in the Bitcoin space claim to only be in it for the tech, maintaining that bitcoin’s price doesn’t matter much to them. Whether they’re just posturing or whether they really mean it, they’re overlooking a major factor that keeps the Bitcoin network secure and healthy — the price of bitcoin.Lyn Alden did an exemplary job describing why bitcoin’s price matters in the follow post:Because money is a network good. Liquidity feeds more liquidity. And eventually broad enough liq...

Bitcoin Magazine

4 days ago

With years of historical data, we can observe the patterns from past bull cycles to become increasingly capable of making predictions about our current cycle. In this analysis, we take a deep dive into when the next Bitcoin peak may occur and at what price level.The Pi CycleThe Pi Cycle Top Indicator is one of our most popular tools for analyzing Bitcoin’s cycles. This indicator monitors the 111-day and 350-day (multiplied by 2) moving averages, and when these two lines cross, it has historicall...

Bitcoin Magazine

4 days ago

Follow Nikolaus On X Here A couple of summers ago, I used to order lunch via Grubhub while working long days in the office. When ordering, I always made sure I was logged into Lolli, a bitcoin rewards platform with a browser extension, so that I earned sats back on my purchases. I eventually stopped eating out so much and began cooking food at home, and over time, I mostly forgot about how I used to stack sats on everyday purchases with Lolli. However, I recently checked my wallet and found 312,...

Bitcoin Magazine

4 days ago

It has now been sixteen years since the original publication of the Bitcoin whitepaper on the cryptography mailing list. Satoshi went and dropped the paper in the place it would be best received, where all of the cypherpunks and cryptography nerds who had been obsessed with digital cash systems for years hung out and regularly discussed that and other related topics. The whitepaper was by no means even close to a comprehensive description of the Bitcoin protocol. It didn’t describe the scripting...

Bitcoin Magazine

5 days ago

A press release circulating yesterday proved yet again that there’s nothing the mainstream media loves more than some crazy nut claiming to have created Bitcoin. Follow Rizzo on X.https://x.com/pete_rizzo_/ In honor of White Paper Day, the latest event, billed as the unveiling of the “legal identity” of Satoshi Nakamoto, attracted a who’s who of press, including the BBC, who were caught up in the Craig Wright scandal in 2016. (Wright was later legally d...

Bitcoin Magazine

5 days ago

Follow Aaron on Nostr or X. Some things in Bitcoin are just not up for debate.The plural of bitcoin is also bitcoin— not bitcoins. (One bitcoin, two bitcoin, three bitcoin…) Bits is a better sub-denomination than sats. (100 sats is actually one bit, like a 100 cents is one dollar; being a wholecoiner makes you the Bitcoin-equivalent of a millionaire, as that would mean you have a million bits.) And October 31st is not Bitcoin’s birthday.Bitcoin’s birthday is January 3rd. It says so right there i...

Bitcoin Magazine

5 days ago