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Bitcoin and other cryptocurrencies are unlikely to weaken the Federal Reserve’s influence on the US economy.

The idea is that of Patrick Harker, president of the Federal Reserve Bank of Philadelphia.. Patrick Harker, the chairman of one of the 12 local institutions that make up the US central bank system, made this statement on the second day of the fintech event organized by his organization.

During the conversation, Parker said that Bitcoin has not faced any real challenges so far, and if it does, people will go back to government-backed coins.

Harker: “The piece of paper in your pocket, money, has value because we believe it has value.. Because we believe (that money) is backed by the government. It’s all about trust.”

Harker:

“So when cryptocurrencies and other types of currencies come along, I think that’s the core of it >ask them how to build trust.”

Trust in Government

Perhaps one of Parker’s most striking comments is that Bitcoin has yet to gain people’s trust.

Once the largest exchange of the Bitcoin network, Mt.. Despite Gox’s downfall and Bitcoin’s own lingering problems, according to Harker, Bitcoin has never really had a “bad day.” /p>

This is one of the reasons Harker isn’t afraid of the potential for cryptocurrencies to reduce the Fed’s monetary influence.. According to Harker, when Bitcoin goes through “bad days”, people will already want the Federal Reserve and other government agencies to intervene:

“When things start going really badly, who will the Americans trust? Of course they will look at the government again. This has always been the case in the history of this country.”

‘How Do You Edit an Algorithm’

Patrick Harker at another time [email protected] founder Mukul Pandya’s crypto He answered his questions about the arrangement of coins. ” Harker asked, making the audience laugh. “I don’t know yet.. The answer to this question is that we still need to work, he continued.

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Bill Baruch: Bitcoin Will Rise To Record Levels

Aksa Generator continues its investments in the sector at full speed. Aiming to become one of the world’s top 3 generator manufacturers in the next 5 years, Aksa put its new production facility into service in Rotterdam, the Netherlands

Aksa showed its strength in the sector with its Netherlands facility

Continuing to work on its new facility in Rotterdam, which is one of the settlements with the best hinterland in Europe, Aksa Power Generation reached its happy end. Aksa, which has three separate production facilities in Turkey, China and the United States, has added a new one in the Netherlands, the heart of Europe. Having completed its planning for the coming years, Aksa set the goal of becoming one of the three largest generator companies in the world by 2025, and brought the sector to life with its new production facility in the Netherlands. Continuing to grow despite the financial sanctions of the coronavirus Kazancı Holding Aksa made Turkey proud with its new investment.

Producing more than 35 thousand generators annually in its existing facilities, Aksa wants to double this figure with its new facility established in Rotterdam. Sharing on its social media accounts for the facilities in the Blossom branch, Aksa said, “With our facility opened in Rotterdam, the Netherlands, we continue to take firm steps towards becoming the 3 largest generator manufacturer in the world by 2025, by increasing our exports to 173 countries!” made a statement.

Kazakhstan National Central Bank To Bring Cryptocurrency Ban

Koç University Entrepreneurship Research Center (KWORKS) and Digital Marketing School conducted the “Bitcoin and Cryptocurrencies” training conducted by Onur Gözüpek. The first one was held on Thursday, September 21, in Şişli.

The training attended by Onur Gözüpek, known as Cryptocurrency Investor and Advisor, was a speaker.. In the event where Onur Gözüpek explained the basic information about the sector, the questions of the participants were also included.. In the speech, which focused on the situation of the crypto money industry in Turkey and the awareness of the society about Bitcoin, the crypto money industry was included in a wide framework.. In the training where all the questions of the participants were answered, questions were asked about the stock markets, taxation, the situation in Turkey, security in general.

Questions asked to Onur Gözüpek by the participants during the event and their response is as follows:

• Why should I trust the miners?

– Since they are anonymous, none of them are available to the system and yours. cannot interfere with the operation you are doing at that time. Where in the world your transaction is taking place at that time and by whom is unknown. This obscurity and clutter is actually your assurance.

• Can the miners become a group and break the system?

– This is an ecosystem. That’s why someone can’t get up and say “we’re leaving”. If peer-to-peer synchronization does not occur, transactions do not occur.

• Who prepares the wallets?

– These wallets are open source. Developers are preparing. The only important point is that it can synchronize the data.. There are 20 different Bitcoin wallets but they all do the same job. There are only interface differences between them.

• How will I choose the wallets?

– You can follow them on Bitcointalk. You can follow people on social media. You can check it out on bitcoin.org. You can try the applications one by one.

• What does the software gain when it produces a wallet?

– Since it’s open source, it’s not profitable. It’s proving itself.

• Is my computer or phone used for mining when I download the wallet?

– No, your phone is for this job anyway. cannot be used. Normal computers also do not have enough capacity for mining. Which is not the case anyway.

• If the company that owns the wallet I bought goes bankrupt, will my money be gone?

– No private your key is important. If you have the key, you can access your money with any wallet that supports the encryption method.

• How does Bitcoin rise or fall on exchanges?

– Any a coin rises or falls the way it is affected. Here, too, there is supply and demand.

• Is the technical analysis in stock exchanges also valid in cryptocurrency exchanges?

– Both yes and no. There are of course some similar things here as well.. However, when a curve occurs, the balance changes the moment a whale prints a coin.. However, this is not possible in BIST.

• How do the stock markets in Turkey do this? If there is no legal regulation, how do they solve the tax situation?

– Limited companies opened in Turkey with a certain capital. They only pay 18% VAT of the transaction fee they receive from their transaction.. Since there is no legal regulation, they also take advantage of this gap.. In fact, they did nothing wrong.

• What will happen to our money if the stock markets close?

– Your money will be gone. Firms are only responsible for the capital they show at the opening.

• If I issue an ICO. And if I promise things and collect money from people. And then is it possible if I run?

– Yes it is possible. It’s happening all the time in the industry. These are the contents we call ponzi.

• So how do we trust ICOs?

– Before you invest in an ICO you will look at what he has to offer, how he promotes himself, his presence on social media and such platforms. After that, you will invest if it gives you confidence.. Some ICOs receive million-dollar investments in half an hour.

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Similar Cryptocurrency Market Cap Losses in 2017

Wall Street strategist Tom Lee told CNBC that Bitcoin is digital gold for the Y generation and could easily reach the $100,000 price target. He stated that he solved the “digital trust” problem in the digital economy with a price and continued as follows:

“Today it is treated as a small company. In the next 10 years, we will see the new generation replace Bitcoin as a safe haven for gold. So, Bitcoin is essentially digital gold for the next generation. If Bitcoin can only capture 5 percent of the gold market, it will reach $25,000. But 5 percent seems like a very small percentage. Let’s say 10 or 15, then Bitcoin can easily see $100,000.”

Lee added that it is wrong to treat Bitcoin as a currency.

< Bitcoin hit a new record high on Tuesday, surpassing $11,000, according to

CoinDesk data. After this record peak, the price was withdrawn to the $9000 band.

Let’s Eat Burger, Cennet Mahallesi branch opened

Ronnie Moas, founder of Standpoint Research, has updated his Bitcoin price prediction. In a note to his clients on Monday, Moas reported that many positive developments have been made in Bitcoin over the past five months and that some of the obstacles in its path have been removed. Moas also wrote in the note, “An argument can be made that the good news is not fully reflected in the current price.”

Moas drew attention to recent developments such as CME’s plans to open futures in Bitcoin in the fourth quarter and Square’s testing to support digital currencies. Accordingly, he raised his 2018 price target of $11,000 for Bitcoin to $14,000, which he had previously made.

Moas has been recommending people to invest in Bitcoin since last July when Bitcoin was $3,000. a name. Many Wall Street analysts and executives did not see Bitcoin as an investment vehicle. For example, JPMorgan CEO Jamie Dimon described the digital currency as a “fraud” and said that those who invested in it were “stupid”. UBS wrote in a note to its investors that Bitcoin is a “speculative bubble.”

Onur Market opens its 60th store in Bursa

What is the CoolWallet S hardware wallet?

CoolWallet is a portable hardware wallet that fits easily inside your wallet and looks like a credit card. CoolWallet S, a hardware wallet focused on combining security and portability, is controlled from a mobile app via bluetooth connection..

The CoolWallet S hardware wallet is manufactured by CoolBitx, a Taiwanese company founded in 2014. Founded by Michael Ou, CoolBitx aims to create the world’s best mobile wallet for digital assets.

The famous $450 million Mt.. Gox hack, Michael Ou knew that creating a secure cryptocurrency wallet was a priority.

Following a successful crowdfunding campaign, the original CoolWallet was born.. In 2019, CoolWallet S evolved into a mobile hardware wallet with increased energy and cost efficiency and a wider selection of coins.

CoolWallet’s credit card style design caught the attention of many in the industry and praised for its portability.. The wallet is also waterproof, tamper-proof, and bendable.

How does a hardware wallet work?

Hardware wallets are private Bitcoin or cryptocurrency wallets that use a secure hardware device to store a user’s private keys. Users can use hardware wallets by connecting their device to any internet-enabled device.

CoolWallet S hardware wallet supports the following cryptocurrencies:

• Bitcoin
• Bitcoin Cash
• XRP
• Ethereum
• Litecoin
• Horizen
• Omni
• Tether
• Icon
• BNB
• USDT
• WETH
• JOY
• ZEPR
• Cortex
• USD Coin
• FMF
• ATUM
• BitDegree
• Gemini Dollar
• True USD
• XYO
• Dai
• Metal
• 0x
• Mithril
• CoinWallet
• IronCoin
• WENI
• ZMTK
• All ERC20 Tokens

Source

What is a cryptocurrency wallet?

Cryptocurrency wallet, software that stores private and public keys and interacts with various blockchains to enable users to send and receive cryptocurrencies and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you must have a digital wallet.

How does the cryptocurrency wallet work?

Cryptocurrency wallet connects directly to the blockchain network through the software included. Therefore, it allows you to add transactions to the ledger.. Generally speaking, a crypto wallet is the protocol that creates your public and private keys.. Without it, you won’t be able to access your funds in the real world..

Wamda Capital CEO ‘JP Morgan President should learn about Bitcoin’

Lightning Network (LN)’s first official beta application launched on March 15. Developer firm Lightning Labs has announced that it has received $2.5 million in funding from major investors.

LIGHTNING’S MAINNET BLENDING POINT

Lightning Network Daemon (which allows developers to access the Lightning Network more easily) lnd) represents the first Mainnet beta version of this revolutionary technology that enables Bitcoin to be used as a currency. It is the first version with the option to run on the Bitcoin mainnet with the required security, safety and fault tolerance features.”

This release marks the final milestone for LN, but will continue to evolve in terms of adoption and technical progress.

Earlier this week, Bitcoinist reported that the protocol had 1,000 nodes and 2000 nodes. got the channel – this growth was achieved almost only in 2018.

JACK DORSEY, CHARLIE LEE FROM BIG LN INVESTORS

In addition to the support of computer giant Microsoft, well-known names in the Bitcoin industry are also Lightning Labs provided funding to. Some of these names include Twitter CEO Jack Dorsey, Tesla and SpaceX angel investor Bill Lee, Robinhood co-founder Vlad Tenev, and Litecoin creator Charlie Lee. .

Other names in the cryptocurrency world remain positive about Lightning, including Blcokstream CSO Samson Mow.

However, criticisms about this technology there is also. Bitcoin Core developer Peter Todd expressed concerns about the protocol’s rush before security questions are resolved this month, citing the possibility of users losing money by irresponsibly rushing the service to the community. has expressed similar concerns since then.

Bitcoinist

Germany’s 2nd Crypto Trading App Announced: Bison

After the coronavirus epidemic, which affected the whole world, increased demand for e-commerce sites brought along investments. Turkey’s largest e-commerce site Trendyol, Hepsiburda and n11 He set his sights on the tourism sector.

Turkey’s three big giants have started the necessary work to sell tours. Trendyol and Hepsiburada also applied after n11, which received agency certificate from the Association of Turkish Travel Agencies (TÜRSAB) in 2014.

n11 has been sent to discipline

According to the news of Patronlardunyasi, while Hepsiburada and Trendyol’s applications were rejected, the two companies went to the Ministry of Culture and Tourism. It has been learned that the companies that have handled all their processes are waiting for approval for the sale, while it has been learned that a change in the law must be made in order for e-commerce giants to obtain documents.

N11, which sells tickets on its own platform, was rejected. TÜRSAB sent n11 to discipline, stating that a different area should be established for agency and that agency cannot be done on a retail platform.

TÜRSAB confirmed that Trendyol and Hepsiburada have applied. If Trendyol and Hepsiburada are approved, the two companies will start selling tours. E-commerce sites that will offer the services provided by the agencies online will have the opportunity to cooperate with many businesses and companies such as hotels and airlines with this investment.

How can you get Bitcoin payment at your workplace?

The coronavirus epidemic, which started in Wuhan, China and then spread rapidly all over the world, continues to die. While the number of cases worldwide exceeded 37 million, the number of deaths exceeded 1 million.

After THY was shaken by the death of Turkish Airlines (THY) Captain Pilot Ender Tamer Erol, the media organization Demirören News Agency (DHA) also lost a staff member due to coronavirus. DHA reporter Haci Bozkurt (66) was hospitalized 20 days ago in Kahta town of Adıyaman.

Haci Bozkurt, who was tested for coronavirus and whose result was positive, was quarantined at home.

Haci Bozkurt, who got worse during the quarantine period, was hospitalized and his treatment continued in the hospital. Bozkurt, whose condition worsened, was taken to the intensive care unit, but could not be saved despite all the interventions in the morning. Haci Bozkurt, 66, passed away due to coronavirus.

Trump Bans Venezuela’s Cryptocurrency Petro

As we have mentioned in our news for a while, Bitcoin was trying to break the $6800 resistance. Although it failed many times and experienced serious decreases in price, as of today, this resistance was broken and with a sudden rise, it gradually jumped from the levels of 6300 dollars to the level of 7400 dollars at around 20:37. Bitcoin price is currently trading at $7360.

In the next few days, if the price stays above $7150, a serious increase is expected in altcoins. As it is known, most of the altcoins move with Bitcoin.

When we look at it as a percentage, the new important resistance point of Bitcoin, which left 9 percent profit to the investor within 24 hours, is $ 7400.

The main altcoins were active as a result of this rise, and at the time of this writing;

Ethereum by 5 percent to $502,

XRP $0.50 up 7.32 percent,

Bitcoin Cash up 7.40 percent to $854,

EOS It is trading at $8.78, up 9.46 percent,

Litecoin by 6.19 percent at $88

.

From our site crypto currency prices instantly.

Social Media Has Not Left Unresponsive

Many people and phenomenal people who invest in cryptocurrencies on social media say that they miss these increases and that Bitcoin He explained that he is now back to his old excitement. Considering the excess in volumes, these increases are expected to continue.

*This is not an investment recommendation.

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