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Former stockbroker Jordan Belfort, known as the “Wolf of Wall Street”, said “I told you so” about the recent decline in bitcoin prices He said that this is the beginning of the end, that is, this decline will continue. Belfort believes the market has “not crashed yet” and warns investors of an imminent failure where they could “lose all their money.”

Belfort went on to further explain his thoughts on blockchain technology. He said that while he believes in the blockchain and its usage requirements, he advises investors holding Bitcoin to “leave if you don’t want to lose all your money”. Belfort also referred to the Bank of International Settlement report released earlier this month:

“There are too many limitations for Bitcoin to be considered a medium of exchange that can replace money.”

“Bitcoin Always Rises With FUD”

Cryptocurrency market is often affected by FUD and there are some commentators who believe Belfort is trying to spread FUD among investors listening to him. Other commentators think that he is trying to stay on the agenda by sharing his views on one of the most debated issues in the world.

It is not the first time that Belfort has so openly criticized Bitcoin. In an interview last year, he said that cryptocurrencies are “fraud”. Belfort also doesn’t support ICOs, calling them “the biggest scam ever”.

To produce cryptocurrencies, that is, to mine, a high-performance graphics card is needed.. In addition to investing, cryptocurrency mining, which users showed great interest in, melted the stocks of graphics cards thoroughly.. Prices have also reached exorbitant levels in proportion to the demand.

Crypto Money Haber announced that about four months ago AMD and Nvidia would turn to crypto currency mining.

Cryptocurrency mining video card prices. doubled

The increase in graphics card prices, which started at the end of 2017 and reached serious levels, continues in the first month of the new year as well. Cryptocurrency miners, which are rapidly emptying the stocks of big technology markets, especially Amazon and Newegg, cause huge increases in video card prices regardless of segment.

The $699 graphics card has increased to $1300

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The recommended price of Nvidia GTX 1080 Ti 11GB, which is currently one of the most powerful graphics cards in the market, was $699 last year, while it was around $650 with the opportunity discounts this year.. Since it’s out of stock at all vendors now, the graphics card has gone up to $1300, almost a 2-fold increase.

Segment and quality don’t matter

The situation is the same with lower-end cards.. While AMD’s RX Vega 64 graphics cards, which are frequently preferred in crypto currency mining, are normally sold at a price of around $ 499, the current price has reached $ 1800 on Amazon.

The second-hand prices have exceeded the zero prices

The rise in video card prices also affected the second-hand market. When the prices of used graphics cards are compared with the prices of last year, the prices of second-hand cards have exceeded the prices of new graphics cards.

Last year, Nvidia graphics card sales were stagnating, while ASUS announced the graphics cards it produced for Ethereum mining.

Bitcoin, which caused great losses to its investors in 2018, has gained 8 percent in the last 24 hours and compensated for the losses it experienced last week. The indicator, which is frequently used in cryptocurrency exchange, signals that the upward trend in Bitcoin price will continue.

The Williams Percentage R indicator, or WLPR, tells analysts that any stock or crypto coin is over or under priced to balance the demand/price balance. examines it. According to the WLPR indicator, digital gold Bitcoin will take a positive course to compensate for the losses it has experienced in the recent period.

The indicator that determines the ideal buy-sell price of assets has reached the -80 level, and Bitcoin is due to more sell orders than it should be. It indicates that the . is currently below its true value. The indicator tells cryptocurrency exchangers that we are in a good time to buy Bitcoin.

WLPR And Its Legacy Forecasts

WLPR analysis has successfully tested itself many times over the past year with its accurate predictions for Bitcoin. he did. In the news in Bloomberg, it was emphasized that WLPR predicted that Bitcoin will decrease in the 4% loss of Bitcoin in April. and after that, it experienced a sharp correction in 2018 and lost more than 60 percent in value.

While the market volume of the cryptocurrency market was around 256 billion dollars at the time of publication, Bitcoin alone accounted for 42.77 percent of the total market volume.

Bitcoin Price ChartPrice$6,409,690TL Price29,375,6093 TRYChange 1 Hour0.42%Change 24 Hours8.41%Change 7 Days4.47%Market Volume109,758,730,349.00Trading Volume4,930,880,000.00Market Rank124 S High$6,409,659024 S Low Price1.000000

With the approval of President Recep Tayyip Erdoğan, with the social media law that came into effect on October 1, 2020, the news of the appointment of representatives is coming one by one. Netflix announced that it will appoint a representative at Facebook after platforms such as YouTube and Spotify. “Like some other companies affected by the law, we have decided to initiate the process of appointing a legal entity as a representative in Turkey in line with the new regulations,” Facebook said in a statement. Expressing their belief that freedom of expression is a fundamental human right on a global scale, Facebook stated that they are making a global effort to protect and defend these values. Stating that it is closely following the developments regarding the social media law, Facebook stated that they decided to start the process of appointing a legal entity as a representative in Turkey, like other platforms.

The fact that an advertising ban will be imposed on social media channels that do not have an official representative in Turkey has prompted companies to take action. Facebook, which has been against the decision from the very beginning, also announced that it will appoint a representative. It was stated that Instagram, which has not made any statement so far, will appoint a representative as soon as possible. Twitter remains silent.

Who is

Hilmi Öğütcü? Although Öğütcü sees himself as a venture-oriented content producer, he continues his activities in many different fields.. Weekly analysis of events under the umbrella of egirisim, current venture news, events and more. Hilmi Öğütcü is behind all this effort and effort.. It acts as a joker on the e-enterprise website that it has been running for about 8 years.. Naturally, questions such as who is Hilmi Öğütcü, who is the owner of e-enterprise, and who is enterprise are also being investigated.. Here is the biography of Hilmi Öğtücü for those who are curious

Who is Hilmi Öğütcü? Who is the owner of egrişim?

Hilmi Öğütcü, who has been sharing current, active and original news from the entrepreneurial universe with his readers on the egrişim site for many years, graduated from Konya Selçuk University, foreign trade department.. Then he graduated from Eskişehir Anadolu University, department of economics / economics.. Öğütcü, who is active in the sector in addition to his education, worked at Yemeksepeti initiative irmik.com for approximately one and a half years during this time.. Öğütcü, who is also involved in projects such as Etohum and İTÜ Çekirdek, decided to concentrate on the egirisim site he founded in 2012.. Öğütcü, who provides constant news input to e-enterprise besides all his work, has been only a venture-oriented content producer for a while. Nevzat Aydın interviewed successful business people such as İlker Diker, one of the founders of Papara, and Oğuz Alper Öktem, the founder of Martı..

Continuing to improve herself professionally day by day, Öğütcü is currently studying Management Information Systems at Istanbul University.

Hilmi Öğütcü, who actively uses his social media accounts as well as his

egirisim site and YouTube channels; It also continues its broadcasts from channels such as Twitter, Facebook, Instagram and Linkdln.

After the increasing cases in Turkey due to the coronavirus epidemic that emerged in Wuhan, China, many banks had changed their working hours with the effect of restrictions. Banks, which started to return to the old order due to the decreasing coronavirus epidemic in Turkey, made a statement.

Suggested that transactions be settled through digital channels

Akbank, İşbank Bank, Yapı Kredi and Türkiye Finans, another move came from Alternatif Bank. Founded in 1991 under the name of Alternatifbank under the Doğan Group and now owned by The Commercial Bank of Qatar, the bank announced that it would serve between 09.00-12.30 and 13.30-17.00. According to the statement made by Alternatif Bank, the bank, which has been serving between 10.00-16.00 for a while within the scope of coronavirus measures, started to provide services between 09.00-12.30 and 13.30-17.00. In its statement, the bank recommended its customers to make their banking transactions primarily via the internet and mobile banking channels, and for their cash needs using ATMs in order to keep the risks to public health at a low level and to maintain social distance. All kinds of information can be obtained from the Bank’s Customer Communication Center at 444 00 55.

FLO, which was founded in 1960 in a small workshop by Ahmet Ziylan, continues to grow since its establishment. FLO, which has made a name for itself in the sector with its annual sales of approximately 55 million shoes, opened a new branch. Continuing its investments despite the coronavirus epidemic, FLO’s new stop was the Osmangazi district of Bursa.

Serving in 21 different countries

Across Turkey FLO, which meets with customers with nearly 500 stores and more than 100 stores in 21 different countries abroad, opened its 1,068 square meter branch in Bursa. Continuing its investments with the vision of ‘becoming everyone’s shoemaker’ during the epidemic period, FLO increases the number of its stores in the country day by day. According to the statement, FLO, which offers a wide range of products suitable for current fashion at affordable prices, is the leader of the sector. In addition to its stores all over Turkey, FLO also provides services with Turkey’s largest online shoe shopping website ‘www.flo.com.tr’, increasing the number of its stores abroad and becoming one of the 10 global brands to come out of Turkey in 2023. is progressing in line with its goal.

Continuing its activities by obtaining the license since 2010 with the brand of “Dr.Otto Bed”, the company entered the cosmetics sector with Essence Kozmetik, which he founded. Starting to produce 7 different colognes and disinfectants on 4 main product groups in the first place, Dr. After a year of work, Otto Group developed a special series of cologne products from citrus products grown in Mersin.

3-storey central building investment

The company, which produces in many product groups from mattresses to home accessories, from bases to headboards, started its efforts to enter the sector about two years ago. Making a statement to Mehmet Nabi Batuk from the World on the subject, Dr. Otto Group Deputy Chairman of the Board of Directors Sadık Özkan said, “We will produce the best quality colognes by obtaining the most beautiful essences specific to citrus and the Mediterranean, and produce cosmetic products that are respectful to human life and nature, aiming to reach our consumers easily and producing pioneering approaches in the sector.” Expressing that they invested in a 3-storey central building with a closed area of ​​1,050 square meters, Özkan said that their first business partner was S.S Mersin Umut Entrepreneurs Cooperative.

No clear conclusion has yet been reached on the effective and active use of cryptocurrencies in the world.. As there is no widespread use for cryptocurrencies in many countries of the world, it is not possible to find a country in the world where cryptocurrencies are still actively used as a result of the effects of the lack of widespread use in some countries.. Even in the USA, which is the world’s largest economy and constantly challenges the world with its strong economy, trust in cryptocurrencies arises only for investment purposes, and US citizens who own cryptocurrencies do not support or love cryptocurrencies, but only because it can be effective in a shorter period of time and He states that he prefers cryptocurrencies as it can be a good investment tool as an investment tool.

Even if some US citizens have a positive opinion about cryptocurrencies, even in the USA, the ratio of the number of people who own crypto money to the world average is not known. It is estimated that there are 3 million and around 3 million crypto investors in China.. Since the issue of how many investors there are about cryptocurrencies does not reflect 100% reality in all the researches made in the world, researches on this subject are constantly insufficient and the effect of insufficient researches constantly causes investors to be more curious, more interested and more thoughtful.

It is not possible to save the world

The world, which is under the burden of trillions of dollars in debt, will be saved thanks to cryptocurrencies, which has a value of 300 billion dollars and does not even have a value of 1 trillion dollars It’s a completely impossible subject to expect.. No matter how much Bitcoin gains in value, it has a value of at most 300 billion dollars and it is almost impossible for this value to reach 1 trillion dollars. It will not be possible for money to finish the global debt and fix the world.

It is said that Bitcoin and a few other cryptocurrencies can only save people personally in the world, that those who have debt will close their debts and earn with the income and earnings they will earn from cryptocurrencies. It may appear that it can be effective. Otherwise, it should not be expected to change the world, since it will not be possible to completely discharge the debts in the world thanks to cryptocurrencies and a large part of the trade will not be possible with cryptocurrencies other than dollars / Euros.. It may be possible to state that those who say that they would think otherwise are very imaginative about Bitcoin.

• To be strong enough to change the world, Bitcoin must be in the position of today’s Dollar or Euro.. Even though the euro is the common currency of a large union that was defeated against the dollar in 2018 in trade, its power is not very strong.. The effects of the active use of dollars in oil, aircraft and similar large purchases and trades are implemented under the name of the US Dollar and are made in US Dollars.
• The US Dollar is the most used currency in the world.

A 19-page report by

Satis Group was published by Bloomber. Satis Group, an ICO consultancy company, has been publishing these reports for a while, and this published report is the fourth of the research that will consist of five series.

The top 10 coins by market volume were evaluated in the report, which surprised many.

In the report covering a period of 10 years, the estimated figure for Bitcoin at the end of this period is $ 143,000.

When you look at the table, the most striking coins are XRP and and XMR. Monero (XMR), which is at the forefront with its privacy, is currently trading at the level of 109 dollars. According to the report, XMR, which will experience an increase of 38391 percent in 10 years, will appear as $ 39,584.

On the other hand, it is predicted that XRP, which is an investment that many people hope and trust, will decrease to $ 0.004 at the end of 10 years. .

The company, which also gave extensive coverage to Ethereum in its report, stated that ICOs will not use the Ethereum network day by day, and that fewer and fewer projects will be released on the Ether network. According to the report, at the end of a 10-year period, ETH comes up as $588.

*It is not investment advice.