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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
3 snippets to begin your day: Grayscale's Bitcoin bet, VeChain just did it and more
Grayscale’s big bet Grayscale Investments has been one of the market’s biggest news-makers this year, with the firm often in the headlines for either its exorbitant premiums, or its growing purchase of cryptocurrencies, both Bitcoin and Ethereum. It made waves yet again after a crypto-analyst pointed out that since Bitcoin’s halving last month, Grayscale had […]
The first Bitcoin Bet between complete strangers took place on twitter recently. It was the first public Bitcoin bet on social media using Multi-sig so it was trustless. We used Caravan from UnChained Capital to set it up. I talk to UnChained Capital to find out more, Check out the podcast linked!
Bitcoin Betting in the UK Is Getting More Popular. Convenience and anonymity fall into the top bracket of reasons to use them. Crypto allows players to make deposits online without sharing any banking details.
Advice needed: how to calculate fair value for Bitcoin bet?
The bitcoin bet is as follows: - if bitcoin trades >= 10k USD on 31 Dec 2019 midnight SGT then party A pays party B x USD - if bitcoin trades < 10k USD on 31 Dec 2019 midnight SGT then party B pays party A x USD If we want to settle this bitcoin bet early (for example today), then how would one calculate the fair value? It's clear that in this case, as bitcoin is currently trading less than 10k USD, it would be party B paying party A an amount > 0 but < x. But what would be a fair amount? Does the bet resemble a binary option? If so, is there a market for bitcoin binary options that we can use to gauge the market sentiment? Or should we use Black-Scholes and is there any online calculator?
Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Bet with Bitcoin Cash & Ethereum. Cloudbet are a crypto sportsbook offering bitcoin cash and ethereum betting (alongside bitcoin) and new customers can benefit from a 100% deposit bonus up to 5 BCH/ETH. In 2018 Cloudbet became the first major bitcoin operator to honour the bitcoin cash fork, crediting qualifying players with funds. In 2020 we Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. One U.S. wealth manager has said he expects the bitcoin price to soar by almost 50-fold over the next ten years, meaning he thinks one bitcoin will be worth a staggering $400,000 and giving Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. Make a donation
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